In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them. But is having kids the reason why people end up financially worse over the years? Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?
I think it is quite selfish for parents to have children as some sort of retirement investment. The children obviously want to help their parents in their old age but that should not be the plan from the beginning since the birth of the child. "You were born to be my insurance". That does not sound like a loved child. Kids should only be had if you have the money and the desire. But not out of any superficial reasons such as financial, like some sort of lottery ticket. |
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I like the idea of freedom. Freedom to hold my own money and cultivate my own food, to make my own medical choices. But I have seen this risen in my current system: this freedom is a more expensive matter. An example would be: storing crypto requires more effort (and even more risk) than leaving money in a bank. Buying from local farmers is healthier, but more costly than supermarket brands. Making personal health choices over the public vaccination programs may result in a billion-dollar cost to society if there are outbreaks
It appears that we are all drifting away from centralized systems (banks, governments, health agencies) since we no longer trust them. The cost of that mistrust is, however, my so-called "fragmentation tax". We lose the cheap efficiency of doing things together, and everything becomes more expensive
Perhaps that is the cause of inflation being sticky everywhere. Tariffs in the US, electricity in the Europe. In Asia it is food, in Africa it is fuel
Are we alright to pay a higher price for this kind of freedom? Or do we need to find a way to restore trust in order not to make the cost of living more and more costly every year? What do you think: is inflation just about money supply, or is it also about us drifting apart as societies?
Freedom is nothing but a illusion that we created for ourselves as a coping mechanism to government oppression. There is no actual freedom and if you watch the news and notice the growing regulations and laws, the list of our "freedoms" gets smaller and smaller. Simply not being allowed to live without paying taxes or "renting" or "owning" land is impossible in most first world countries. Bitcoin is an amazing example of the resistance to this oppression. If there does exist a thing called freedom, then Bitcoin is probably closest to what it is in its nature. |
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we know that gambling rates has gone up because of the accessibility of online casinos. is gambling addiction worsen by social media? we know how people can be influenced by other people posting on social media. from products to services, so it is not too far off to assume that gambling is part of it. when an individual start posting about how he is able to win in a specific casinos, there would be a hundred other people wanting to play in that casino.
are you easily influenced by social media? do you think this is healthy? are other vices like drinking, smoking and etc worsen because of social media?
I think there was always advertising for it. The only thing that changed is the form of advertisement. I doubt it has become any more effective since gambling itself has been quite easy to get people hooked on. If you can recognize an advertisement then it will not have the same heavy-hitting effect as on people who mindlessly and subconsciously take them in without a second thought. Influencers are just celebrities. The only thing that has changed is the name. Whether its some influencer with a dozen million followers or some A-rate movie star, does it make a difference? |
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The concept of gambling as a form of mental sports refers to the deployment of mental strength in some skill-based games and without physical display of strength or fitness. Games like Chess, Blackjack, poker and even Sports betting fits in this criterion since professionals employ some good strategies, calculations and even critical analysis before taking the decision on your next line of action. These mental involvements stretch your mind and success in them is a product of strategy, constant practice, psychology and accurate decision under pressure. There are yet other similarities between these mind sports and physical sports activities like - Tournaments: Poker tournaments like WSOP features professional poker gamblers who assemble to compete against themselves and take away a big reward
- Rankings Most professional gamblers are ranked in terms of earnings, recognition and achievements
- Viewership Poker tournaments have some great viewership when televised and this shows it's value and entertainment prospects. Locally when professionals play Chess or drafts, they always assemble a little to semi-big audiences showing it has spectators
- Mental discipline: Such as analytical thinking, emotional control, decision made under pressure and even training programs since professional gamblers spend time to refine their skills by constant practices and experience just as athletes
Mental discipline is a big one. The self discipline you need to follow your own plan and not lose all your money at the casino or walk away after a big win is nothing to be scoffed at indeed. But the most gamblers only do mental gymnastics in trying to convince themselves why taking unnecessary risks is a good idea. That I have witnessed many times. Chess is not really considered gambling though is it? It can be easily beaten by a computer algorithm so there is no real luck involved. The person who cheats better wins. |
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is self control enough in this economy?
in order to save money, is it enough to just prevent oneself from buying things unnecessary or limit ourselves to only what is needed to survive? is this a way to live? is there no other easy way aside from earning so much?
sometimes i feel like even with utmost self control you still don’t end up getting rich due to expensive prices and lack of salary in general
Self discipline is what you mean, I think. Everyone controls their self. Not everyone has learned discipline. Lack of salary? Why depend only on a salary in a world where you are free to make money with anything? There are girls selling bathwater and guys posting with an ad in their signature on the Bitcointalk forum for a weekly pay. There are many different ways to make some extra money. If you lack self discipline of course you are going to lose all your money everytime a new I-Phone comes out.  |
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Good to see 100000€ again today if only so briefly.
I sometimes wonder if we should have all set our charts to Euro, just to get to celebrate 100K again...  |
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1. Support from the government.
Countries who gamble a lot has solid laws protecting their players so gamblers in those countries can just freely gamble as much as they want without having to worry about their rights. This doesn't mean that the countries have very free and loose rules but it just means that they have clear frameworks. Some other countries have some limitations but since their rules are clear, many still gamble. 2. Bigger paychecks.
Not all rich people are gamblers but they certainly have more chances to gamble if they wanted to. According to data, the higher the income is in some countries the more people gamble in that country. Since the average citizen is earning a lot, even if they spend quite a significant amount of money in gambling this will still not cause financial doom. Is it fair to assume that a better economy and a solid framework will make people gamble more but be addicted less? This is the source, by the way. I think it mostly has to do with the culture and social norms of the people. In some countries, gambling is seen as a normal, regular thing while in others it could be considered one of the most illegal, immoral things you can do. There is not much in between. Many things shape a country and its people. Religion, history, culture... Of course those countries that gamble more freely do tend to have better laws and regulations on gambling while those that ostrasize it, seem to struggle with keeping a hold on the problems which arise from inadequate regulations. |
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Not facts but observations that the attraction Bitcoin used to drag Is nolonger that serious or active in the heart of people. Could it be that they're beginning to see Bitcoin as Smoke that can disappear after a while or the value added is no more booming.
Because I remember very well in 2020, everybody considered Bitcoin as option for investments and trade. This days people chose physical jobs compare to Bitcoin traders, is that research statements true or you can educate us more
Neither of your statements are correct at all  . Look at the price of Bitcoin. If it was no longer serious or active as you say, then would the price continue rising like this? It is currently at 117.5K. That is a lot. And consider it has also surpassed a market cap of $2.3 Trillion USD. That is some serious money. You can consider Bitcoin analogous to a stock in certain aspects. One of those is that the price is going up mainly because it is becoming more valuable in the eyes of the investors. |
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MAYBEThis is something that happened a little while ago: Signature campaigners had their funds frozen on Kucoin: https://bitcointalk.org/index.php?topic=5557466.0Although it may have been a lone incident, and may have been a poisoning attack by someone who was not affiliated with the casino nor the signature campaign, I think we should be careful because coins coming from a casino can easily be marked as suspicious.  Personally, I choose to hodl instead of cash out for fiat (yuck) and there is a definite need to draw a big circle around custodial wallets like those on cryptocurrency exchanges. If I did sell BTC, I would use p2p like BISQ.
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Crypto markets are moving sideways today, with Bitcoin consolidating while altcoins show mixed patterns. Nothing too dramatic, but it feels like traders are waiting for the next big catalyst. Do you think the next strong move will come from Bitcoin leading, or altcoins breaking trend first?
Every single time I think a correction is coming, Bitcoin goes up again. Although I noticed Saylor is buying like crazy so there might be something behind it, if institutional investors are buying without a worry... I think Bitcoin is always leading and almost always break-outs come from Bitcoin leading. Weekly is showing a continuation pattern if we close with a nice green candle in three days, but that is just my speculation. |
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Well, time is worth more than money. So if you spend all your time doomscrolling then that is the same as losing all they money you could have made in that time. And then again, when you gamble, not only do you lose money, you also lose time. So you are losing potential money as well as earned money. So out of the two, I would say gambling is probably worse, but it depends on how much you gamble and how much you doomscroll. It really depends on the quantity. As the great philosopher and medical practitioner Paracelsus once said: The dose makes the poison. |
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The crazy part of this, even accounts that they've blocked due to investigations or regulations still get charged for being dormant. The users cannot access their funds to move them and those funds are slowly depleted. The users can't confirm how much is being taken either.
This could be their target for implementing this, along with multiple accounts that are dormant with a $5 or less balance. I can imagine they'll have thousands of those just sitting around. This is their best approach to get their hands on those funds with little or no consequence.
I can't find any regulatory reason to specifically charge dormant non-kyc or non-kyb accounts.
Either Kucoin is basically just stealing people's money or they want to get rid of non KYC accounts by imposing fees for holding on to their wallets. Both reasons are complete BS and should not even be legal, due to the fact that when people registered their account on Kucoin, they did not agree to something like this. It was also not anywhere in the terms and conditions. So how can they enforce a change like this on them? Kucoin is shady. |
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when we talk about politicians who were exposed for their crazy gambling habits we tend to talk about corruption but let us talk about hypocrisy in the philippines, the government is trying to lower the rates of where the filipinos gamble especially in online spaces but what does it say if the very politicians trying to push for fighting against gambling are also the ones exposed for playing? is it not ironic?  ? I think anyone who decides to become a politician should hold himself or herself to a higher standard. If they cannot be a good role model for their people, they should not be politicians in the first place. Corruption and greed needs to be more tightly controlled in politics, as that is where it does the most damage. Modern politics is all talk. Talk, talk talk. None of them actually implements what they say. They just say things that will make the people vote for them. |
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Paypal Introduces Bitcoin as New P2P for Payments
It came in as the topic said, they are integrating the use of bitcoin together with other cryptocurrencies for their payment flow under p2p, which is coming as part of their efforts to ensure that all of their crypto customers got served of every opportunities of making payments with Bitcoin and any other currency of their choice on in using their servers. I also launch into their website to see this is indeed true https://www.paypal.com/us/digital-wallet/manage-money/crypto you can trade bitcoin or any other cryptocurrency on their app, but I keep wondering if this is going to be a genuine application of how p2p should operate or we are still under being centralized if we use their p2p they claimed to have initiated Paypal is a horrible, broken and unnecessary app. I have had only bad experiences with it and that mostly includes setting up an account and not being able to use it for one reason or other and the customer support gives absolutely no help. Cryptocurrency is the replacement for services like Paypal. And even if Paypal adds crypto in some last-ditch desperate attempt to stay relevant, it will become irrelevant in the future. I believe so. |
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An egalitarian society is a situation in which everyone is considered equal in both economic, financial and social status.its a concept that emphasizes the importance of social equality, aiming at removing economic inequalities.its indeed a classless society where there is no rich,semi-rich or poor.
If I have $1,000 for instance every other persons will have same.everbody is equal financial stable.nobody is richer to another.
Do you think such society is attainable before the end of the current generations as proposed by great economist.
A farmer is not going to accept the same pay for doing a higher amount of hard work than some dishwasher in a restuarant. A doctor who studied medicine for a decade and gathered experience for another decade is not going to be seen as equal to some scrub that cleans the toilets. What kind of boring world would that be? There would be no point or motivation for trying to become a better, more awesome person. But what we do need is a system that distributes money to people more fairly based on their skills, knowledge and hard work, rather than the corrupt, unfair system that what we have now. Passed down wealth is an abomination. |
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I just saw this one and I am really amaze on what he did. A casino guest just won over $1.3 million… and the first thing he did? Call his mom. At FireKeepers Casino in Michigan, the guest hit the venue’s largest jackpot ever. But instead of celebrating alone, he grabbed his phone and told his mom: “Momma, we are out of the hood. We’re leaving tomorrow.” That emotional call went viral because it wasn’t about luxury, it was about finally giving his family a safer, better life. Sometimes the biggest wins aren’t about money, they’re about the people you love most. 1.3 MILLION Casino WinI would invest the money in Bitcoin. Turn that $1.3 million into $13 million within a decade. Seems like not only the smartest choice but on a forum full of Bitcoiners, the most popular one, probably. I am not even going to look through the posts in this thread before saying this, because I am pretty sure that is what most people would do. At least invest half of it into Bitcoin. Unlike the guy in the story, I would probably not tell anyone in my family or anyone at all. That just invites problems. |
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Which can be more addicting between the two: placing small bets every day or gambling only once or twice a year but doing so with huge amounts of money?
If you place bets every day, your brain might get too used to it even if it is just a small amount but betting less frequently but with bigger amounts of money may lead you to be emotionally attached to that money and may feel extremely happy to win and extremely disappointed to lose.
So what do you think gets someone more addicted?
Doing something more often is definitely more addictive and habit forming tahn doing something once or twice a year but with a larger impact, both psychologically and financially. So I think the case is quite clear. Even if you win or lose large amounts of money, your brain won't really remember that unless you do it often enough. |
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The most important factor to consider when starting to build a business is the target audience. You have to think of who would you want to cater to. Who are the communities that you may profit off of. Like for example if there is a school near you, you should know that students would be your target audience. You should start a business where students can buy materials from or a place they can study or even hang out around. I believe that if you studied your target audience, the first step of your business is already successful enough.
The most important factor is that anyone actually wants or needs whatever you sell/provide. Everything else comes after that. Not even the best and most perfect audience will help your business succeed if your business idea is not worth anything. Many business ideas have been done again and again and again. There is too much competition to the point where opening another such a business will not bring in much or any profit. If you have a good business idea the people will come. |
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Hiking to the top of Mount Shitpiles is no longer an impressive achievement. But I like that they are drawing public attention to Bitcoin... |
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I’m genuinely interested in how players find good crypto casinos nowadays. I believe the google search results are pretty bad these days—for example, if you simply search “best crypto casino,” you’ll find that CoinCasino comes up as the top choice, which is a bit questionable. ( i strongly disagree, i think its some of the worst casinos )
So, is Bitcointalk still the best source, or are there other reliable places to find a good casino?
I use Bitcointalk but I only listen to the most trustworthy and veteran members. I ignore newbies. Word of mouth is not really dependable. People are quite dumb and biased. AI and search engines are equally wrong. I only use them to confirm my choice or research what other people already said or reviewed on the casino. Why would anyone listen to streamers? They literally sell out for money. If you give them enough money, they do not care about if they are promoting a scam or a real casino. |
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