Bitcoin Forum
September 02, 2025, 12:22:34 AM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 335 »
1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 01, 2025, 09:49:37 PM
I don't know why but I suddenly got a hankering for a banana split but I'm going to make one instead of going to DQ.

 I bought Chapman's French Vanilla 2 liter box for $3.99 and the bananas for $1.69 (in this case 9 but it's 3lbs of bananas - obviously the size of the bananas determines the number you get).  I'm going to use 150ml of the ice cream and 1 banana.   I don't use a lot of fancy toppings, usually cocoa powder and strawberries but I'm splurging today with some homemade dulceata visine (sour cherry preserves) from a friend in Romania as well.  Sadly, I didn't have any pineapple to crush.

 ice cream - $0.29925
 banana    - $0.18778
-------------------------
 sub-total  ~ $0.49

Not too bad considering the historic price of a banana split.  Here's where it goes pear-shaped: Fresh strawberries are $8.99 for 2lbs and the cocoa powder (my wife only buys the organic stuff) was $27.95 for a pound.  I'm going to calculate in grams because it's easier on my brain - I cut up 50g of strawberries and sprinkled 7g of cocoa powder on the whole thing.

  7g of cocoa power - $0.4309 (almost the same cost as the base ingredients!)
50g of strawberries - $0.495 (more than the cost of the base ingredients)

 I put a couple of teaspoons of the sour cherry preserves - you don't need much as they pack a lot of flavour - but since I didn't buy it, I can't add the exact cost.  

 What banana split would be complete without the whipped cream?  I just buy the can and leave it in the fridge it was $5.49 for 400g - it says the serving size is 15g but who uses that piddly amount?  Let's say 40g (to make it really easy)

 40g of whipped cream - $0.549

 This banana split was quite large - it overfilled a cereal bowl and was probably enough for 2 (that didn't stop me from finishing it off though)

IngredientCost
Ice Cream$0.29925
Banana$0.18778
Strawberries (50g)$0.495
Cocoa Powder (7g)$0.4309
Whipped Cream (40g)$0.549
Total$1.96183

 I was surprised to learn that the cost of each individual topping was worth nearly as much or more than the basic ingredients combined.  Those toppings are a luxury!  If bitcoin is going to dip much lower, I'm going to have to go with just the ice cream and bananas and forgo all the toppings. Ouch! I just checked BTC again... maybe I'll just have the bananas.


The whipped cream does nothing. It's basically decoration. So take it out. And if you want a traditional banana split then take out the strawberries and instead of cocoa powder you use chocolate syrup, which is $2.50 usd for 24 oz, which is 680.389g, so the same 7g is only $0.0257205804326642553010116271721.

Total would be ~ $0,52 (rounded up - which gives you wiggle room for a gram or so of extra chocolate syrup).
2  Bitcoin / Bitcoin Discussion / Re: New leak-Not every information you take from influencers on: September 01, 2025, 09:36:22 PM
I was just reading that. Is anyone really surprised though? I think unless a coin is actually big already, you should automatically assume that the person tweeting about it is involved in it somehow.

I do not trust anything or anyone anymore. Everything seems inauthentic nowadays.

But I am not surprised that influencers don't care about people as long as they get paid. I know this because I used to work in marketing and most of these so-called social media celebrities are scum who would sell their own mothers.

The only coin we can trust is Bitcoin. I wonder of Satoshi decided not to disclose his/her identity because they wanted Bitcoin to not be just another business logo.

3  Bitcoin / Bitcoin Discussion / Re: Are Bitcoin’s Layer 2 Solutions Finally Enabling Everyday Microtransactions? on: September 01, 2025, 09:10:17 PM
I would say that for most, it's the UX friction, especially for those getting used to CEX-based experience, imo.. Other than that, I think it will become better and better as time goes on + the BTC payments made through Lightning is only going to increase..

I would say UX friction comes second after adoption. The lack of adoption is really the biggest reason. Lower fees are all nice and good, even if you have a decent UX design that allows even newbies in crypto to easily navigate their payment experience but if no shops are offering Bitcoin payments then lightning is not going to be any good in the first place.

Lightning is still too early, basically.

But it has the chance to grow, adapt and become more amazing and will be ready for the future adoption.
4  Bitcoin / Bitcoin Discussion / Re: Would you adopt Bitcoins flexibility? on: September 01, 2025, 08:39:29 PM
As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

I think most people do not want to hassle with new technology. That is like 99% of all the reasons most people have when it comes to the question of why they continue using fiat vs cryptocurrency. Both the business owners as well as the customers are reluctant to leave behind an old system just because they have gotten used to it in time. The newer generation business owners which we will see in the coming years might think differently on this matter. But I doubt we can convince most of the old generation.
5  Economy / Economics / Re: Money is power and it open doors for you if you are financially discipline on: September 01, 2025, 06:29:49 PM
Money alone brings power. The richer you are, the more powerful you become. However, in order to continuously gain that power, you need to be wise and cautious in making decisions that involve your money. Simply put, you need to take risk but stay cautious.

Investing in bitcoin is a perfect outlet. With the right mindset, knowledge and positive attitudes towards bitcoin investment, you will gain future profits and multiply the amount of funds you currently have, and that only means you continue to utilize and maximize the power of your money.

Money does not bring power. Power brings power. Money can help you achieve power. But no amount of money is going to get you the kind of power that you can earn on your own by learning and listening to people who achieved power without having to buy it. I mean look at Elon Musk. No amount of power stopped Trump from throwing him away like a used rag. And far less rich people than Musk have become way more powerful.

But money definitely gives you more opportunities to achieve power. So when you said it opens doors, I completely agree with you.

6  Other / Beginners & Help / Re: Bitcoin withdrawal suspension saga: why self custody is the best on: September 01, 2025, 04:10:26 AM
So of recent many people got there withdrawal suspended due to a potential poisoning address attack after receiving payment for rainbet campaign managed by Hhampuz, this is common with KuCoin exchange users

More proof that this custodial abuse will keep happening until people realise that using those platforms does not conform with Bitcoin's philosophy of being your own bank. The built-in privacy and self-custody of a decentralised currency cannot co-exist with a third-party custodian. The third party will always find a way to take your money away from you by using regulation or terms of service as an excuse. And it happens daily - look at the complaints and bad reviews and you will see a pattern appear. Centralised exchanges are digging their own graves with their overzealous over-reaching.

Is this not why Bitcoin was created in the first place? To get away from this kind of suffocating, hostage-taking of our financial freedom by the banks?  Angry And now what do we do? We give the "new banks" (aka crypto exchanges) our cryptocurrency instead of holding on to it ourselves...

If you put money into a centralised exchange you might as well just keep using fiat and forget about cryptocurrency altogether.
7  Other / Beginners & Help / Re: Bitcoin investment failed on: August 31, 2025, 08:48:25 PM
I'm a new user on this forum, and when I joined and actively read and learned about Bitcoin, I finally realized and was enlightened, even regretting it.

I want to share my experience. Whether someone has already discussed it on this forum or not, I don't understand it. I'm not promoting anything, just sharing my experience. Between 2009 and 2011, I was actively surfing the internet on public internet services. At that time, during the early days of Bitcoin's launch, there were many faucet websites giving away Bitcoin, and I was one of those who received it. At the time, I was also very young and didn't understand what investing, let alone Bitcoin, was. So, I ended up exchanging the Bitcoins I collected, whether from referrals or websites, on Gemscool, an online gaming website, due to my lack of understanding of investing at the time.

Now, when this is booming and big, regret always comes at the end, because if it's at the beginning, it's called registration.

In this regard, when I joined this forum, I felt enlightened and gained insight into the importance of investing and the movement of Bitcoin. I also believe that Bitcoin will eventually become a benchmark or a standard for modern investment.

Thank you. Please provide guidance, assistance, and direction.

Don't feel too bad. There are people who could have been billionaires if they knew to keep their coins, like the guy who bought 2 pizza's for 10000 Bitcoin. I am sure he will never forget about it. But life is not all about being rich. Simply deciding to make a smart investment that doubles or triples your money because you bought Bitcoin in 2025 and waited a few years is also a good thing.

I see the Bitcoin that I "wasted" in the past as a tuition fee for my financial education. And any profit I make now is thanks to those expensive lessons.

Always look at it from a positive view Cheesy.
8  Economy / Gambling discussion / Re: Does sign campaign payments directly to the casino make you to gamble? on: August 31, 2025, 08:30:52 PM
Motivation behind this thread:

...So i can say that i started gambling right from when i got some signature payment made i to my casino account like stake is paying it participants into their stake account and i started gambling from that place.



To answer my own question in title:

I am receiving current sign payments directly to casino, and I have spent some. Because why not?   Grin

What about you?

I am not touching my signature pay because I am trying to set an example that it is better to hodl your coins. I would rather use my fiat to gamble because unlike Bitcoin, it will go down in value over time. So I would rather not have fiat than not have Bitcoin is basically my motivation.

Also I have my own rules in place to prevent myself from spending too much money on gambling. They also prevent me from touching my Bitcoins. I would rather use other crypto or better yet, as I said, fiat.
9  Economy / Gambling discussion / Re: Are slots rigged or Just math at work? on: August 31, 2025, 02:37:23 PM
Have you ever had a time in the casino where you started strong on slots, maybe even felt like you were on a roll for a while, then suddenly hit a losing streak that wiped out everything? I’ve noticed that no matter how good the start is, I almost always end up losing it all in the end.

That kind of pattern makes me wonder, are these games secretly rigged, or is this just how slots work because of the RTP (return to player), which is usually around 97% or even lower?

When you’re stuck in a losing streak, it really makes you doubt if it’s only bad luck, or if the system is built so you can never walk away ahead.
What do you guys think? Is it pure probability catching up with you, or do casinos tweak the games to make sure you lose eventually?

I very much doubt that the games are rigged.

But, I do get the feeling sometimes that something is rigged but the truth most likely is that you just had an unlucky streak, rather than the slots being rigged. These kind of patterns happen in every slot machine. I just know that Casinos use providers for their slot games and do not actually create the slot system themselves. And the slots are heavily regulated and controlled. So if the casino would be caught trying to manipulate the slots, they would get into really big trouble.
10  Economy / Gambling discussion / Re: Who do you blame? on: August 30, 2025, 11:05:34 PM
Sup, often gambling is blamed for making people part with their money, or casinos are blamed for existing, or government is blamed for allowing gambling in particular country, and along the lines.

Point being, just because there is gambling available, at the end of the day, it's individual's own choice that (s)he decided do it, and no one is to be blamed except oneself if something bad happens.

Do you take responsibility for your losses, or do you play blame game?



Sup,

I agree, gambling is 100% an individual's own choice and any financial losses are their own responsibility.

Although there are some exceptions, like if a casino has exempted a player from gambling at their establishment/platform on request of the person themselves, due to a problematic gambling addiction, then the casino is in the wrong to having let that person gamble again - assuming the person was not hiding his identity and made his name clear to the casino.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR delisting and fate of assets of low-active holders not interested in news? on: August 30, 2025, 07:00:27 PM
Let's say a person is on vacation and doesn't worry about anything and doesn't read the news. And at this time, the exchange where he keeps Monero is delisting Monero. And time passes, the user visits the exchange - and what happens with his amounts on exchange that was be in Monero?

I know a lot of users on Poloniex are unhappy with how their money is lost and they cannot trade or withdraw because the cryptocurrency is delisted. And the times between delisting and warning of delisting are relatively short, as users claim, so it all seems like on purpose. I heard many people threatening legal action because of this but I have not yet heard of a single court win or that they got their crypto out of the exchange. In fact, many of them say that support is either ignoring them or giving them unhelpful answers.

So I guess if an exchange delists a crypto, and you do not get it out in time, then you will not get it back.
12  Economy / Gambling discussion / Re: Bet Insurance on: August 30, 2025, 05:02:41 PM
Hello, I wanted to start a conversation about an alternative to the cash-out options which has generated a lot of discussion lately in the forum. I know there are many other alternatives but this one stood out for me because it's like my first time of hearing about it - bet insurance.

To put it briefly,
"Bet-insurance is a betting functionality that allows players to insure their bets and receive payouts if they lose."

I have not had any experience with it but I’m curious about what you all think. Have you used bet insurance before? How did it change your betting experience?

Also, would you pick bet insurance over the cash-out option? Why or why not?


I have never tried such a thing as bet insurance. Whenever I want insurance, in other words a hedge against my own bet then I just make a bet in the other direction (aka for the opposing team). So if I lose, I get a small win from the other side but if I win, I only lose a smaller bet from the opposing team.

Not sure what betting insurance options even are, as I have never tried them but I imagine it is basically the same thing.

I cannot imagine the casino giving you better conditions than that.
13  Economy / Economics / Re: Communism is not so much different on: August 30, 2025, 03:25:20 PM
I'm from eastern Europe. In the soviet era noone could own private property, everything was belonging to the state. Then, the state rationed food to you, allowed you to use one of their homes in exchange for labour, allowed selling produce on government-controlled prices, and buying in predetermined quantities.

So let me ask a question. When you buy a home with all your life savings, does it become yours? What makes it differ from the soviets? I mean, obviously they recorded your rights to the building on paper, and now they record it in digital databases. But is it REALLY that different? You don't truly own either. It's all the government's promise to let you access it and keep away whomever should not access it, until they don't.

The only thing you truly own is bitcoin. The rest are promises.

I think it is in poor taste to equate communism to capitalism.

A lot of people who lived in communism can tell you all about how unfair, corrupt and destructive communism really is. In communism the state not only owns all the things but they also own your life. And if they decide you must die, then you will not be given a choice. In theory, it could work if the ones making the decisions were not human themselves and had no desire to enrichen their own lives. But that is what happens under communism. Everyone is equal but some are more equal than others.
14  Economy / Gambling discussion / Re: Do you flex on your pals when you are correct on: August 30, 2025, 01:41:21 PM
Something funny happened to me this night I thought I should share.
I am an apologetic gambler and I don’t shy when people know I am a gambler so I discuss my games to people when I want to, this is an interesting story and has a happy ending because I won.

I played some games in sport betting from yesterday and I had a game left today a game in the Italian Seria A between Cremonese and Sassuolo, I went with Cremonese 2up that is if Cremonese at any point in the game leads Sassuolo by 2goals I win, here is the twist and the funny part because I thought I played it 2up like I did others but I did not, Sassuolo was up by two in the first half so I checked and saw the game was still running. Then I discussed it with my friends and they ask me to cash out but I refused then Sassuolo turned the game around and Score two goals. My friends made life hell for me by mocking me but later on Cremonese scored in the added time to win the game. I flexed hard on my friends after the final whistle.

I don’t usually leave a game when I see a good cash out but I trusted my guts and won. Have you had experience where you choose your opinion over logic advice from friends and won or lost let’s hear it.

Flexxing on friends if a big part of gambling. What is the point of winning against almost impossible odds if you cannot flex on someone afterwards? The more you win, the harder you flex. That is only natural.  Grin

With friends that you know, understand and love there should be no issue. But you should be careful about flexxing on strangers, you never know how they will react.

I never had an experience where I took my own gut feeling over somebodies advice and flexxed about it. That does not really seem flexworthy, as they may have only been trying to help you.
15  Economy / Gambling discussion / Re: Is Bitcoin Gambling a big opportunity or a big trap? on: August 29, 2025, 09:44:00 PM
Recently I've been noticing how bitcoin gambling sites are becoming increasingly popular among young people as these days you don't have to walk into a betting shop again or visit any casino games centres before you can gamble, now you can just get everything served to you on your smartphone while you're sitting at home and since the introduction of crytocurrency including bitcoin into gambling, it has even gone further to make gambling faster, easier sweeter and more enjoyable to many young people.

Now with these crypto based gambling sites you have easy access to playing gambling games and bets, borderless transactions through wallets and also get instant payouts as well as you don't have to pass through many traditional verifications or ID checks.

But as good as these new developments may sound, we have already started witnessing its side effects around increasing financial loss among the young ones since the process has been made easier than ever, growimg number of young gamblers becoming more attached and more addicted to gambling as they could do everything at home and more importantly making it more difficult for proper regulations among government institutions.

The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?

I do not consider gambling an opportunity for anything other than personal entertainment. And that is exactly how it should be seen by everyone, in order to maintain a healthy, focused and low-risk relationship with gambling. Anything else is delusion. Which is why people drive themselves to financial ruin in the first place: They buy into their own delusional fantasy of becoming rich quick or making a steady income.

Unregulated gambling is not going to help anyone. Unfortunately, I cannot say that Bitcoin somehow solves a problem by very successfully circumventing these regulations and rules set up by the government.
16  Economy / Economics / Re: Slow or fast? on: August 29, 2025, 07:15:23 PM
I recently encountered someone who talked about spending their money fast or slow. It got me thinking what are the differences. Basically spending your money fast means when you get money, you end up losing it immediately to buy whatever it is you want. Spending your money slow means once you acquire your money, it takes time for you to spend it but at the end... you still spend it anyway. It made me realize that even if you save your money to spend it eventually, you are still somehow losing money. The point is not when you spend your money but where you spend your money on. You can spend your money immediately but are you spending it on something worth its price? Something valuable? Something that is necessary?

I do not think it matters how fast or slow you spend your money but rather how you spend your money.

If you buy frivilous things like Chanel bags or Lambos then your money is going to run out and all you will be left with is expensive toys that degrade and lose value over time. But if you are the type of person to make smart investments into things, people and ideas that become more valuable over time, then obviously that will be a good thing.

But the rate of how fast you spend? Does not matter.
17  Economy / Gambling discussion / Re: What do gamblers have in common? on: August 29, 2025, 02:38:45 PM

We always talk about addictions, about how to gamble to achieve better results, but the topic of what goes through the mind of a healthy gambler is almost never touched upon.

Healthy gamblers are the majority. I wonder if there's something we all have in common that keeps us on the right path and never oversteps our limits.

Perhaps it has something to do with the time we dedicate to gambling, whether we do it for fun, or even if we have other things that take up most of our free time, like family, sports, exercise, or spending time with the people we love.

As a general dynamic, I'd like to know what you do when you're not gambling. I mean, I don't expect you to tell me about your life. The question is more focused on: What activity you do is above gambling? I mean, something you prioritize in your life more than gambling, or what you like to do. What would make you stop watching the Champions League final, for example?

Delusional motivation.

I think that is what all gamblers have in common. They are looking for an adrenaline/dopamine rush but have to lie to themselves in order to get it.

Although a lot of gamblers would disagree with me and say something like they want to get rich quick or make a steady income, both things are impossible and the thoughts alone only serve as delusional motivation to keep gambling and losing large amounts of money.
18  Economy / Speculation / Re: Before Bitcoin hits 1 000 000 usd, it falls below 10 000 usd on: August 28, 2025, 05:51:10 PM
First reason: Bitcoin price is now clearly overvalued relative the level determined by its public acceptance rate (if 100% acceptance rate means ca one million usd, then nowadays acceptance rate is not clearly 10% but rather something around 1%).

Second reason: if the economic crises will emerge, then Bitcoin falls much more than major stock indexes (just as during corona crises March 2020).



There is no reason as to why Bitcoin would fall to over 90% down. As far as economic crises are concerned, it would have to be something big, like a third world war, for my to even consider 10k Bitcoin. And honestly, even then I would doubt it. Because if something happens, Bitcoin is as far as I am concerned (as well as a large number of other people around the world) Bitcoin is still safer as a store of value than gold. Especially in times of crisis.
19  Economy / Gambling discussion / Re: gambling and divorce on: August 27, 2025, 10:47:49 PM
is there a connection between gambling and divorce rate?

Research from the National Gambling Impact Study Commission and the Gambling Impact and Behavior Study indicates that divorce rates for those dealing with gambling issues are estimated to be around 40% for problem gamblers and approximately 54% for pathological gamblers.

i think the moment we hide our gambling habits from our partners that is the moment we will get in trouble because that is when trust crumbles and when you get in trouble in gambling and have to tell your partner you will be surprising them

not to mention some people also spend money from money that both the partners contributed in

so aside from gambling responsibly, will you agree that we should disclose our gambling habits or is it not the business of our spouses? does gambling really have the capacity to break up a marriage or a family?

Financial troubles are a major reason for why people get into fights and ultimately those fights and problems can lead to divorce. And of course, gambling addiction can easily be the cause of those financial troubles.

So, yes, gambling can definitely be a reason for divorce.

I think if you have a partnership in life with someone, you should consider your own finances more carefully and not gamble without the permission of your life partner.
20  Economy / Gambling discussion / Re: Do you think governments should set limits on how much one can gamble daily? on: August 27, 2025, 09:26:53 PM
As what the question is, Do you think governments should set limits on how much one can gamble daily?

For example, in Finland:

Quote
Veikkaus has the following compulsory loss limits in place applicable to all of their games (excluding Casino Helsinki): €500/day; €2,000/month; and €15,000/year.

https://iclg.com/practice-areas/gambling-laws-and-regulations/finland

Should this is be good deterrent to at least minimized gambling in a certain country? Or does it force gamblers to uses illegal means or even travel outside of the country that has this strict law to continue with their gambling?


Governments should not set any limits to personal freedom. That sets a bad precedent towards them taking more and more of our freedom until there is nothing left.

There are also other things that would benefit from having limits, like drinking alcohol. Just think of how many lives would be saved if you were only allowed to drink a beer per day?

But again, how would that impact our freedom? The government would have to turn into a total dictatorship. Especially since alcohol is so easily obtained.

The same can be said about gambling. The government cannot stop you from gambling somewhere else.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 335 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!