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1  Economy / Services / Re: [OPEN] Playbet.io - Signature Campaign | Sr. Member + | $100 weekly on: November 02, 2024, 05:30:58 AM
Bitcointalk username: m2017
BTC Address (SegWit): bc1qcaut4m2rdpp6ldluelferejygmfdg7wmeeerpt
2  Economy / Services / Re: [OPEN] JacksClub.io Signature Campaign | Sr Member+ on: October 31, 2024, 04:39:56 PM
JacksClub Username: mm2017mm
Rank: Legendary
3  Economy / Gambling discussion / Re: Do you care about what people say about you gambling? on: October 30, 2024, 04:34:19 PM
There are a lot of people gambling, that you will not know they're gamblers, because they do it in a responsible way.
Not for that reason. But because these gamblers know how to keep silent and not brag about their pernicious addictions.

Online casinos have made gambling more secretive, and easy to access making it difficult for people to know that you are a gambler, if you don't overdo it and abandon your responsibility as an adult.
Well, yes. If in an offline casino all gamblers are in plain sight, then it is unlikely that you will be able to find out who your neighbor is playing in from a smartphone or laptop.

After I started gambling responsible, nobody knows that I gamble apart from my wife, because I love her and wanted her to know that I am a gambler, but she has never complained any day in as much as I take care of my family responsibilities with ease.
If you want, you can even hide your passion for gambling from your wife. Many couples only find out about their partner's hobbies after some time. Smiley Remember that thread where the groom spent his entire wedding budget on gambling?
4  Economy / Gambling discussion / Re: Is Ballon d’Or objective? on: October 30, 2024, 04:07:29 PM
In light of recent events, this got me curious.

We know that Ballon d’Or was recently held and they have decided to crown Rodiri as the winner. Now, I don’t want to hear whether he deserved it or not or should it have been vini. This post is not to discuss that but, I want to know if this award really is objective and reflective of the best performing athlete in terms of football.

It has been said that the winner is decided by 100 journalists each picking their top 10 players of the year. Is it possible that these journalists may be affected by some personal bias or patriotism? How objective is this award and is this deciding method really the best?
Any award is subjective, because the decision to award a candidate is made by judges based on their personal subjective opinion. Of course, the opinion of each judge can be influenced by many factors: bias, corruption, and anything else. In recent years, the Golden Ball has become an analogue of the Oscar, when they award not the best, but the most needed, from the point of view of the SJW popularity. Remember when the Golden Balls were received by Ronaldo and Messi - the most media and hyped football players. But since the Golden Ball is awarded for sporting merits, then the most effective (from an individual point of view) athletes should be awarded. This year, many are inclined to believe that this award has returned to its roots and was awarded based on objective assessment. Rodiri's indicators turned out to be better than Vini's, not to mention all sorts of Messi and Ronaldo.
5  Economy / Gambling discussion / Re: Premier League Prediction Thread 2024/2025 on: October 29, 2024, 04:43:17 PM
They had the chances and at the same time they were been careful so they don't lose to Arsenal. It's always a difficult task when playing against a team at home and you can see how Thomas Partey was there all through out for Arsenal but they play more defensive game than Arsenal because full time they are defending and watching how Arsenal attack carefully but as soon as they get that opportunity, they return the energy and then come back to defend.
Great match from Liverpool. 1 point is better than 0 points. But here it is more about the psychological component or the fighting spirit of the team. Liverpool continues to hold the second position in the league, having squeezed out Arsenal (5 points difference is impressive), cannot but affect the morale of the Arsenal players. In this match, it was more important for Liverpool not to lose than to win, which was demonstrated. It remains only to applaud this team.
6  Bitcoin / Bitcoin Discussion / Re: Warren Buffett buying Bitcoin...A possibility? on: October 29, 2024, 04:18:27 PM
We all know Mr. Buffett is hater. He used to call Bitcoin a "scam" many times. But I believe people can change.
There is a 50/50 chance that this will happen. Either it will happen or it won't.Smiley

We've seen people like Larry Fink, Michael Saylor, Donald Trump, Mark Cuban, and Robert Kiyosaki change their mind about Bitcoin. They hated it once, only to realize they were wrong.
No, not at all. They realized that they can make money. Smiley Or use it as a political tool to influence voters.

I have 2 thoughts:
- Buffett is quite old and therefore conservative and far from the world of technology. These moments may be factors that don't allow Buffett to change his mind about bitcoin (he just may not understand what it is and how it works).
- We didn't look into Buffett's pocket and it may be that he already "quietly" owns BTC.

Imagine what will happen if Warren Buffett goes all in BTC. Will his moves be enough to "pump" market prices all the way to Mars? Only time will tell.
Of course, his actions will have a positive impact on the cryptomarket (and also on his fund). Many investors (including institutional ones) will follow his example.

Do you think Warren Buffett will buy BTC someday? Or will he stay a hater until the bitter end? Your input will be greatly appreciated. Thanks in advance. Smiley
I have no idea what other people can do.
7  Bitcoin / Bitcoin Discussion / Re: Gresham's Law and Bitcoin on: October 28, 2024, 03:28:59 PM
This situation sometimes occurred when the money in circulation was made of valuable metals (gold, silver and bronze). People preferred to spend coins with a lower metal value, to save those with a higher metal value. With inflation, coins with a higher metal value began to have a nominal value lower than the value of the metal they were made with, causing people to start melting these coins to obtain the metal. Thus, bad coins ended up dominating the market, and good coins disappeared.
Here you are talking about physical coins, metals, which have different values. In the case of bitcoin ("gold") there are no other "metals". If you offer altcoins as alternatives to "silver" (but don't include litecoin here) and "bronze", then this will be an incorrect comparison, because all this doesn't compare to bitcoin. Altcoins can't be "melted" into the original more valuable metal, because it was garbage and remains so.

Could something like this happen to Bitcoin?
In other words, are people starting to want to save their BTC coins so much that their value is lost?
If some try to save their bitcoin, it doesn't mean that others will lose the desire to possess the same thing. This will lead to the fact that the more some try to save, the less of it will go to those who want to possess it, which in turn will spur the growth of the cost of bitcoin.

The centuries when money had physical value are far behind. Money now is just a piece of paper that does not have any physical or practical value (similar to Gresham's law, the paper from which the money of African countries is made is more profitable to hand over to waste paper? Smiley). And in the future - it will be only 1 and 0 in the system code.
8  Economy / Gambling discussion / Re: Favorite Sport Team on: October 28, 2024, 03:06:23 PM
However I’m curious whether some of you have changed your favorite teams over the years. It is not as simple as having a different favorite food compared to when you were 10. A favorite sport team, to me at least, will always be your favorite. So if you did change your favorite team, what was the reason?
Changing favorite team, in my opinion, is like betrayal. Your favorite team is your favorite team, so that you can remain loyal to it no matter what, any difficulties or failures. I can’t even imagine any reason to turn away from your favorite team. It seems unthinkable to me. Yes, in my heart, I can speak unflatteringly about them (during failures), but this doesn't mean that I no longer believe in them. Deep down, I still continue to root for them.
9  Economy / Gambling discussion / Re: Does a strategy works very well in gambling? on: October 27, 2024, 02:07:47 PM
We are discussing again and again, and collecting profs that there is no one and only strategy to keep winning frequently.
I am inclined to believe that there is no strategy at all in the casino that allows you to win. All the merits that are attributed to strategy actually belong to chance / luck.

No matter which strategy I try, I either end up loosing,
If a strategy leads to losses, then it is a useless strategy. Or there are no strategies at all, as I wrote above.

or it becomes boring to follow and I switch to different game
And did you want the strategy to also entertain you? Smiley In gambling you either win or what is called a loss entertainment. Wink

or play randomly.
And perhaps you have better luck here?

I think that there cant be a strategy that will help winning, as I dont believe there might be consistency and regularity in gambling.
That's what I'm talking about.

I believe that is is better to play «how you wont» instead of following any strategy and test if it really works on a long distance.
"As luck would have it".
10  Economy / Gambling discussion / Re: Do you think you could turn $1k bankroll to $10k in a year? on: October 27, 2024, 01:26:16 PM
So, this is a 12-month period of betting across different leagues. For those actively betting in sports, I’d like to ask if you think it’s possible to turn your bankroll into that amount within 12 months. That bankroll should be treated seriously - if you lose it, your betting journey is over. If you reach 12 months and your total is still less than your original bankroll, that’s still a failure.
You stopped halfway, but you should have gone further - to organize a challenge with a prize fund (consisting of contributions from participating gamblers). Smiley

Many gamblers talk about the importance of skills and abilities in gambling, as if they are able to control the game process (winnings) thanks to their developed abilities, and not luck. Such a challenge could demonstrate how things really are.

Just be honest here. I want to hear from those with experience who see gambling as a long-term activity. Even if your bankroll is smaller, I’m sure you still dream of big wins, which are more feasible with a larger bankroll. Do you really believe it’s possible? If so, share how you’d approach it- everything from setting your bankroll to your wagers and managing the pressure throughout that year.
Any goal is easier to achieve if the end goal is clearly formulated. I think your small challenge could allow gamblers to prove themselves and earn some money. Also, an important place here is the accounting of monthly results (statistics) and summing up at the end of the year. This could have a beneficial effect on the effectiveness of gambling due to a controlled game process, and not a chaotic one.

P.S. To be honest, in the long run, gamblers are more likely to end up in the red than in the black due to the same low RTP (<95%), but I would still like to see the results for the year.
11  Economy / Games and rounds / Re: 🚩 Blackjack.Fun | BTC Price Prediction ' November 03 | WIN $50! on: October 27, 2024, 01:14:09 PM
$63,793
12  Bitcoin / Hardware wallets / Re: Is a ledger nano x still a safe cold storage wallet to use on: October 27, 2024, 01:12:58 PM
Ledger is not safe.
There is no direct evidence of this. From a technical point of view, HW ledger is reliable and hacking from the outside is almost impossible (no one has succeeded so far, of course, with an allowance for Salim Rashid Smiley). Another point is Ledger itself, which is accused (again, without direct evidence) of possibly having access to user's seed phrases.

What we get as a result: there have been no facts about the theft of crypto by Ledger so far, but this doesn't mean that in the future this will not happen (or will happen).

I would say that this is more a question of trust in this company (which in the past had unpleasant incidents and lied to its clients).
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the most profitable investment year to date. on: October 27, 2024, 12:49:43 PM
Quote
According to the latest report from New York Digital Investment Group (NYDIG), Bitcoin continues to stand out as the best-performing asset in 2024. Additionally, Q4 is expected to remain positive for Bitcoin’s price, despite facing various challenges.
https://beincrypto.com/bitcoin-best-performing-asset-2024/
But 2024 has not yet come to an end (why is NYDIG in a hurry?), which means that the results of the report will still change.

NYDIG released this report now to account for its investors and show the profitability of bitcoin? Are they afraid that the BTC-rate may fall before the end and the reports will not be so "beautiful"? Smiley

With that information we see above, it shows that Bitcoin has had a very positive year, and the year isn’t even over yet. If it hits a new ATH by the end of the year, that percentage of profit will increase significantly.
I'm not sure we'll see a new ATH by the end of the year, but it will definitely happen one day (2025?).

We should definitely believe in investing in Bitcoin since it's backed by data.
Not data, but belief in future growth. What motivates new investors (including institutional ones) to buy it.

If there are people we want to convince to invest but who are still doubtful, we can point them to this thread. They can ask questions, and we’re ready to share facts with them.
There is no need to convince anyone, because those who need it will buy it without your advice.

In case of unsuccessful investments (for example, they were subjected to mass panic and sold bitcoin at a loss) on your advice, they will blame you for the failure.
14  Bitcoin / Bitcoin Discussion / Re: Emory Becomes First University To Invest In Bitcoin on: October 27, 2024, 12:37:26 PM
"This reportedly becomes the first time a university admits and reports owning BTC, with crypto enthusists thinking this is “impressive” for a university that is five times smaller than Havard."
Source: https://www.cryptopolitan.com/emory-university-owns-15-million-of-grayscale-mini-trust/


I almost laughed out loud at this phrase (highlighted in the text). I would like to know who these crypto entquiasts were who considered owning a shares in Grayscale Mini "impressive". I am sure that no more or less experienced user on this forum will consider this event "impressive", because this news would have had a positive "response" from the BTC-community only if "The private research university in Atlanta, Georgia" bought bitcoins directly and had it in its own possession, and not in the form of dubious surrogates offered by Grayscale Mini. Or are the professors at this university so uneducated that they don’t know how and where to buy bitcoin, and even more so, how to store it? Smiley
15  Economy / Gambling discussion / Re: How many "Draws" can you bet on at a time? on: October 26, 2024, 03:45:18 PM
This topic is for sports bettors alone, don't comment if u don't have any experience about sports betting.
And does this topic apply to those who don't bet on sports (now), but have had similar experience in the past? Smiley

The title of this thread is the first question and the second question is, how much can you risk in a draw prediction? For example, can you risk more than 80% of your balance on a single prediction that you expect to end in draw?
Although I personally have never bet on a draw (bet on one of the sides to win), if I were sure of a draw, I would be ready to risk even 100% of my balance. But it should also be noted what the odds would be for such a bet: I would hardly risk most of my balance for the sake of insignificant multipliers.
16  Economy / Gambling discussion / Re: Is this bankruptcy, insolvency or stingyness? on: October 26, 2024, 03:32:53 PM
They are known to be the richest club in the EPL, so I don't know why they are pleading for Manchester City to support them by accommodating their players in the flight.

Ratcliffe's have done many things in the recent past as cost-cutting measures and probably they didn't want to pay for a private jet just for two players but it's some insane level to take the cost-cutting. Roll Eyes

Many sources reported that the incident is true.
Well, then the management could have simply bought the players tickets for a regular flight (that would have made their fans happy Smiley) instead of a private jet and they wouldn't even have to ask Manchester City to take these footballers on the flight with them. Smiley

Overall, this story doesn't paint Manchester United in the best light, revealing the problems of cost optimization. Saving is good, of course, but isn't it humiliating to ask another team to let their players down? Also, the media found out about it and now we are discussing what is happening (without praising MU for such a step) and I am sure that many don't understand this position of one of the richest teams in the EPL.
17  Bitcoin / Bitcoin Discussion / Re: European central bank researcher paper implies bitcoin is a ponzi scheme on: October 26, 2024, 11:57:01 AM
It appears that if there really opens a real regulatory implication for bitcoin in Europe, I reckon the government will do their best on where they can attack something that might be threatening to them. They do this by imposing higher taxes.
Regulation is inevitable: governments begin to regulate everything that arises.

I speculate that capital gains tax will be increased to discourage trading bitcoin.
Maybe it's not so bad, because then people will stop speculating on the difference in the cost of bitcoin, and will use it for p2p trading between themselves. In this case, you won't have to pay inflated taxes.

In any case, according to Tuur Demeester this research paper is a declaration of war against bitcoin.
This war has been going on for a long time.

In a paper from European Central Bank (ECB) economists Ulrich Bindseil and Jürgen Schaaf, they argue that Bitcoin’s rise in value disproportionately benefits early adopters at the expense of latecomers and non-holders.
They wouldn't be complaining about "unfairness" if they were early investors. Smiley

 
The paper claims that, in a scenario where Bitcoin’s price continues to rise, “the existence of Bitcoin impoverishes both non-holders and latecomers” as early Bitcoin holders accumulate wealth without contributing to the productive economy.
More talk of "bitcoin has no value".

Early investors contributed to the bitcoin economy by "supporting" it in the early stages. There is no need to belittle their merits. Because without them nothing would exist now.

It describes the situation as a “zero-sum game” where early adopters “increase their real wealth and consumption” at the expense of those who enter the market later or never at all.[/i]
How is this different from the stock market? Nothing.
18  Bitcoin / Bitcoin Discussion / Re: Trust yourself when holding and not the government or exchanges. on: October 26, 2024, 08:58:36 AM
When we talk about government holdings, it usually implies safety since they’ve taken all the necessary steps to secure it. But hackers still managed to breach it, maybe just testing the system’s security before returning it within 24 hours. Makes me wonder why some people think putting their crypto with a third party is safer because of “better security.” But with what’s happened, even the government can be hacked, so why trust them with our Bitcoin?
Maybe because such people are so stupid and irresponsible that they are not able to take security measures and preserve their crypto assets. Also, we can add the lack of basic technical skills and the desire to learn something new. I am talking about those people who are not even able to "press a couple of extra buttons" on their smartphone in addition to the ones they use. From my observations, there are plenty of such people around and for them the best solution is "putting their crypto with a third party" if they want to dive into the world of cryptocurrencies. Attempts by such people to show independence in this matter leads to the creation of topics on this forum (and not only), like "I was hacked and all my savings in crypto were stolen".

Paraphrasing the title of the topic, I can ask, how can you trust yourself if the user is a complete lamer newbie?
19  Other / Beginners & Help / Re: How to hide your seed in the wall on: October 26, 2024, 08:42:03 AM
Now that I looked at the video again, I saw a major flaw of the "design" of presented solution that AFAIR nobody here talked about yet. An electromagnet holds the drawer in retracted position while a simple spring pushes it forward a bit when the electromagnet is disengaged with the remote.

To stay retracted the contraption needs permanent power for the electromagnet. Now imagine a power loss situation or someone messing with the breaker box, intentionally or not. The hidden drawer becomes unintentionally exposed... duh, bummer!
Place an autonomous power supply in the form of a battery or a rechargeable battery in the box structure. This will not take up much space and will not increase the weight of the structure. You will only need to periodically and pre-change the battery (or charge it).

Also, an autonomous power supply eliminates the problem of power outages, which would reveal the location of the box and make it accessible.
20  Bitcoin / Bitcoin Discussion / Re: Bhutan sudden purchase of Bitcoin on: October 25, 2024, 02:41:22 PM
recently i was going through twitter(X) and i came about a news report stating that Bhutan, which is a small country in Asia, just officially became part of the crypto currency world after buying $780 million dollars worth of Bitcoin
Where did this small country get an extra $780 million? Bhutan doesn't want to disclose the origin of these funds? Smiley

and then advances to become the 4 largest government holder of Bitcoin just after UK
If I were in other countries, I would immediately ask myself: it seems that Bhutan knows something that we don’t.

this is actually very surprising especially considering the fact that Germany sold almost all of its Bitcoin few months back
And having learned about the news with Bhutan, Germany probably already regrets the sale. Smiley

What amazes me the most is that rather than buying Bitcoin directly, they invested more in mining Bitcoin
Perhaps, in the long run, this will turn out to be more profitable, because mining is a means of production, and bitcoin is a product or commodity. Instead of speculating on price, can create (mining).

I think this is a big win to the Bitcoin community
Maybe you meant to say for Bhutan? Smiley

But my question is, why did they decide to make this decision
Direct this question to them. No one but them can give a clear answer (if they want to share info).

And why did Germany sell its Bitcoin? Do they want to focus on just automobiles, which they are well known for
I can assume that the need for money and lack of faith in the future value of this asset. And also, Germany may know something that we don't know: the future of bitcoin is predetermined and it will be banned (but I think it's just a horror story Smiley).

P.S. Do newbies have the privilege of not using punctuation? Smiley
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