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1  Bitcoin / Bitcoin Discussion / Re: Is it proper for one to trade Bitcoin through a trusted friend ? on: May 31, 2024, 09:19:24 PM
Never really trusted anyone to trade on my behalf for any amount, regardless if they're a close friend, trusted associate, or even a relative. There is always that possibility wherein they will turn their back against me the moment they see that I have that kind of money and they think that I can easily accept the loss. I can trust people in other things but not money, because I have been betrayed by some close friends in the past even with small amounts.

Also, it will be foolish to give out login information to anyone except yourself. They can easily say that the account has been hacked, or that they didn't use the account when funds are lost or the password has changed. There's just a lot of things that could possibly happen that it's best to trade for yourself and never trust anyone with it.
Exactly my point. Your friend can be trusted with anything in this world except money. Even siblings cannot be trusted with money, how much more with a stranger. The reason why I don’t want to trade having someone in my side, or just want to have my own privacy when trading. Aside that he will only distract my focus into my trades, I’m not comfortable also knowing someone knows my log in information when trading. It’s always better to trade on your own, and to trade alone without other people being aware that you’re into trading. Otherwise, they can be your friend today but become your enemy in the future when they have witnessed that you have huge amount of funds in your trades.
2  Economy / Speculation / Re: Will Bitcoin Always Be in an Uptrend? on: May 31, 2024, 02:08:44 PM
We are still not at the time it should be going up, I get that people think that we are going to get higher and higher, which isn't really that impossible and we may actually do that, but we need to realize that we are going to make some return for sure.

I feel like we just need to give it some time, most usually the fourth quarter is when the increase starts during bull years, and because of that I feel like we have a few more months before we can start. I would suggest getting as much as you can now, before that bull run starts. Obviously, after a year or so, we will peak somewhere at the top, and I would suggest being careful because we are going to end up with a lot more stuff in the end, we should probably just see bear in 2026 most likely.
I believe everyone got high hopes with bitcoin most particularly newbies that we will see bitcoin price in a consistent price increase. I think that would only be possible if bitcoin stops being volatile, and create a fixed upward movement regardless of the condition of the market. However, despite of bitcoin’s unpredictable price, still we are seeing at the moment a slight upward motion for bitcoin, which I think is understandable since we are heading for this year’s bull run.

Yes, patience is the best solution for now. If you can’t do it, then I don’t think you’ll make it big here in the crypto market. Although short term investing with bitcoin is still profitable, but if we can make it big and be patient, that would be more satisfying.
3  Economy / Economics / Re: Do you feel that the global economy is declining? on: May 31, 2024, 01:10:39 PM
The salary didn't hiked according to the inflation rate that is why we are facing difficulty to meet the same needs even with higher salary. Let's say your salary is $100K per annum but it was $80K 5 years ago so now let's say you want to buy a house or an apartment that is now $1M which was probably around $500K means now you need to spend 10 years of your salary to buy the house but earlier you need only 6 years of your salary and this is happening ever since the fiat isn't backed by gold reserves.

Inflation is rising way faster than wage. Employers are being too greedy these days by laying off workers and paying less. It's this reason why the global economy is declining. Things will get even worse once AI takes over human jobs. That, combined with CBDCs, will rise poverty levels all the way to the moon.

I think it's already too late to fix the world. Not even Bitcoin can do anything about it. Who knows what the future holds for our society? Sad
Inflation will be here for good and I don’t think we can still do something about it. I think the only thing we can do is to increase our job or find side hustles that will generate some profits for us, as relying on single job alone won’t work anymore. Even if there’s salary rate increase, but the prices of goods and services will increase as well, so it will still be a lot harder for us to make ends meet.

With regards to bitcoin, it won’t nothing to do with inflation, but if we can maximize our bitcoin investment, that would mean a great help for us when it comes to securing our finances, which other investments can hardly do it.
4  Economy / Speculation / Re: The attractiveness of Bitcoin among my friends on: May 31, 2024, 09:09:18 AM
The first thing i expect that we all have to do when it comes to being amidst our contemporaries, we should learn to observe first before we make any move on introducing bitcoin to them, this will help us to have an idea on their approach towards it and if it will be an acceptable offer or not by the majority of the, the more reasons why you have discovered that many couldn't afford to tell others about what they do because they already know it will end into a mockery if they are not the kind that support for such.
I think that should be our own initiative already by observing the crowd first and see if they are open to volatile investments or not, otherwise introducing bitcoin to them and giving them a glimpse of how it works and turn into profits might only be a waste of time, and throwing you a lot of questions but only criticize it in the end and leave negative impressions. I don’t want to be pessimistic but this is the reality about bitcoin. So as much as possible, I don’t tell everyone that I am into bitcoin, but only those who are closest to me knew that I am a bitcoin enthusiast.
5  Economy / Trading Discussion / Re: What type of a trader/investor is this? on: May 31, 2024, 06:13:06 AM
A common greedy investor.

Don't be like him, there have been many opportunities that are coming to us and if you're not going to be as wise as you can be, you'd definitely lose a lot of money.

It's not about how much you make but how much you can keep based on the emotions that you're having at that time of profits.

Most of the time People lose the opportunity to earn money due to their own mistakes and one of the major mistakes is that they prefer their greed and don't take their already higher worth profit. I think one should be Thankful for his profit no matter how little it is because if we enhance our desire then we will not be able to enjoy our profit.

One should avoid certain things if he wants to become a successful person because success does not mean that the more you earn then the more you will be successful but successful means that you are enjoying the amount wisely which you have earned. Sometimes we are in profit but we reject that profit because we want something better but we forget that something is better than nothing.
Traders who often see trading as a get rich quick would not settle into small profits, but would disregard it and look for even bigger profits. That’s how greed affects the mindset of traders, not realizing that it could even lead to more losses in the end. That’s why if you want to trade because of greed, just learn to avoid trading at all cost, in order to prevent your hard-earned money from inevitable losses and to protect your mental and emotional health state from depression.

Small profits once compounded turn into big profits. If you are a responsible trader, you should know about this. Otherwise, you are never trading, but gambling your trades.
6  Bitcoin / Bitcoin Discussion / Re: I bought bitcoins from my first online payment.. on: May 30, 2024, 10:53:54 PM
Good job mate. Know that you are just starting the process to achieve your bitcoin goals. Just continue to increase your motivation and keep learning as well so that you can also accumulate more bitcoin even through other means. And with regards on helping some needy, kudos to that. You have a good heart and that’s a good sign that you have to work hard and earn more bitcoin. So that when you end up being rich with bitcoin, you will continue to help a lot of less fortunate people and let this be your inspiration aside from your personal goals and desires.
7  Other / Meta / Re: Artificial Intelligence on the Forum on: May 29, 2024, 09:50:20 PM
what exactly is going on here on this forum? are people getting paid bitcoins for making postings? if so one of the rules these campaign managers should have is "no ai" and if people get caught using it then the campaign manager should be punished by deleting their campaigns. you got to cut the problem off at the source.  Shocked

no person in their right mind would just go and ask chatgpt questions and copy and paste them into forum threads just for free. unless they had a serious mental problem.


I agree. If this will only the possible way to discourage using AI, then so be it. Anyone gets caught should be punished and should be out of the campaign, otherwise the campaign manager might possibly be put at risk. Although this could be additional job for campaign managers, but I think that’s part of their job to protect the campaign from getting copy right information that are intentionally done by members of the campaign.
8  Economy / Economics / Re: Money addiction on: May 29, 2024, 04:19:17 PM
On a scale of 1-10 I will say 9 out of every 10 are addicted to making more money even though not everyone attain this height at the end of the day. We live in an every hiking economic society. Prices of commodities keep changing as each day passes by. This has invariably triggered the addiction to more money as the usual earnings is no longer enough to maintain once life style.

Many have been forced into adapting to their current spending ability, others have deviced means to earn more so as to meet up others has choosen the looting method just to survive.
Money is necessity,  the basic thing that people needs in life and can't do without. This days  it just seems as if all what one needs to do in the everyday life money must be involved. I don't really blame people for getting addicted to money, the truth is that we really need to get this money in our pocket to meet up with things. Before now people were living okay and not bothering so much about money but the inflation in the market has cost everything to be difficult for people which people have no choice to do anything just to double their income.

Focusing on money is very important and which should not be taking for granted because if people don't think on how money can be raised, life will be be extreme difficult.
As much as we want to get rid of any addiction, but I think when it comes to money, there’s no way it’ll be possible. Money is what makes us surviving these days, without money, it’s impossible to meet all our basic necessities. Because of that, we can’t blame the people to rush over money, or to get addicted on earning money just like OP says. What else can we do, money almost turns everything into possibility. And even with people who have no life’s direction, once you offer them money, it will turn like they have a lot of life’s plans all of a sudden, something that only money can do.
9  Economy / Gambling discussion / Re: Foolhardy bets. on: May 27, 2024, 08:17:42 PM
Internet is full of reassuring stories on big gambling wins like ten/hundred -thousand-dollar, or even more, while in most cases the gamblers are losing because they are either not the experts in on gambling they try or have not relevant skills and make foolhardy bets.

I'm sure everyone here involved into gambling has made such reckless bet  at least once in life.

Did such bet/s change  your gambling styles?

Have you become to be more eager in gambling or , on the contrary it has put a chill on you?


Every time I lose, I become more cautious with my betting. Sometimes we make mistakes by thinking that a bet is a lock, and because we think that way, we become aggressive in terms of the amount we risk. Sadly, most of the time, it ends up as a losing bet. I realized that we should not put too much emotion into gambling; it's a game of numbers. Be responsible with managing your bankroll and aim to have more wins than losses. Follow the steps with discipline and, combined with skills in sports capping, we will eventually be profitable in the long run.

It's okay to think we are an expert because it gives us confidence but we should stick with the right strategy particularly in managing your funds since if winning streak possible, losing streak is possible as well.
10  Economy / Gambling discussion / Re: 2024 NBA Season on: May 27, 2024, 07:42:33 PM
Boston looks set to be the first team locked into the Finals. Looking forward to see Kyrie try to get revenge on his old team…

The series will end today. Kyrie vs. his old team, hmmmm... that's going to be fun, and Kyrie will try to prove to the crowd that he is with the better team. I read an article that Kyrie has been on a losing streak against Boston since he stomped on the Celtics' logo. Will that streak be broken in the NBA Finals?

Also, it's a good matchup: Luka vs. Tatum and Kyrie vs. Brown. All are great players, but I believe Dallas has the edge since both Tatum and Brown aren't clutch players, based on my observations of their games during the regular season and playoffs.
11  Economy / Gambling discussion / Re: [Boxing]: Errol Spence vs Sebastian Fundora - Oct on: May 27, 2024, 02:07:29 PM
Spence is taking a risky route for a comeback Fundora is coming up with a great win because he was an underdog and many people did not expect him to win the match against Tszyu, he announced that this could be his last fight but we never know it is just his strategy, he is only 34 years and he is still competitive.
I won't question his decision as I believe he knows what he is doing. Yes, it's risky, but isn't that what we want to see? I mean, we sometimes complain about a boxer cherry-picking his opponent. Now that we see Spence taking a risky fight, I think we should be happy with that. Despite the loss against Crawford, it doesn't affect his confidence. And besides, this is a championship fight, so this high-risk fight could lead to a high reward if he wins.
12  Economy / Gambling discussion / Re: Devin Haney vs Ryan Garcia on April 20 on: May 27, 2024, 01:40:47 PM
So it's really very small amount or just traces that they found of Ryan system. And we really don't know what the levels are, but if the lawyer says that it's "ultra low", then it's possible that Ryan could have gotten it from contaminated supplements that has this PEDS without his team knowing.

So what will happen here? you know it's getting complicated already as both camps have their own belief and Ryan has not admitted he used an illegal substance. I think we should just trust this matter to the governing body as I believe they know what to do so the truth will come out and punished Ryan if he needs to be punished.

What we are seeing now is just probably a legal battle, and we know this thing would last, until it will derive a decision, so we can't hype this conversation much as we are not experts, and maybe what we can do is just to speculate, not good. Let's discuss more on the upcoming fights for both fighters, especially Ryan which has no scheduled fight yet.
13  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 27, 2024, 01:03:45 PM
Watched the highlights and yeah, CStand was amazing with his jumpshots but couldn't hit high percentage on his free throws hehe.

C Stand has improve his game, he needed that mid range jumper so he can still get some points even not close to the paint. And yes, his problem really is the FT, it's very low, I think he should change his form as I believe that can be develop. In fact, I think Gobert was worst than him in terms of FT, but look at Gobert now, his FT percentage is very high, he knew how to do the right timing when throwing the ball. I hope to see C. Stand improve in the future as with his size and height, it would be easy for him to get fouled, so his FT is one of the best weapon.
14  Other / Beginners & Help / Re: Benefits from the forum. on: May 26, 2024, 09:55:12 PM
Yes. Bitcointalk forum can definitely help answer questions and swap ideas ideas, but as Davidvictorson pointed out, its probably not the ultimate Bible for learning all things Bitcoin. The forum is fantastic for laying the groundwork and pointing you in the right direction, but for more in-depth research youll likely need other resources. What he said about goals is also true - the benefits you get from the forum depend on why you signed up in the first place.

Bitcointalk forum is a good avenue if we want to know more and get educated with bitcoin and the whole crypto space. However, relying on it alone will not satisfy your hunger of learning, but you should need to take extra research by exploring all over the internet and find legit articles that will provide the information which the forum lacks. Yes, a lot of benefits can be gained from bitcointalk forum, as long as you do your due diligence to read and understand what posters are trying to say and contribute.
15  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 26, 2024, 09:04:39 PM
However, based on my personal observation, the better team is Meralco, as they beat Ginebra in a close game. I don't think the last game reflects how good Ginebra is, because the law of averages will return in Game 5, and I don't think it will be a blowout win for either team.

Same here, I don't think game 5 would be a blowout win for either team but still, I am betting for Ginebra Kings tonight as they got their much-needed confidence on that game 4 win. This is a game of momentum and I think the Kings have high moral going into game 5.

My bet for tonight:
Ginebra -4.5 @1.83 vs Meralco



Looks like you are on the wrong side, mate. I wonder what happened to the line; it opened at -2.5 and moved to -4.5. Probably the amount of hype is very high after that big win by Ginebra. Now the game is very close, although Meralco led by double digits, Ginebra did come back. On a Sunday game, I think this will favor Ginebra, but since you are getting the spread, that's a tough one. Still, I'm hoping you'll win.

---------------

Congrats @bisdak40 , just enough to win your bet as Ginebra won by 5 points.

Just saving the day for those Gin kings backers, noticing that the lead is enough to cover the handicap well it's a sunday game and most of the time Gin kings fans loves to watch and bet for the team, those who win today surely got their cold beers and a lot of shared stories after that escaped from losing the bets, though those who take the ML, still enough to enjoy the win.

Congrats to all those Gin kings backers, they are now leading the series 3-2 let see if they will complete this and end the series in game 6 or Meralco will recover and force for a do-or-die game 7.

That was really close for Ginebra backers as the spread closed at -4.5 and Ginebra didn't really dominate the game. They just came back after being down by double digits. The "never say die" attitude was on display once again, and it's a good thing C. Stand has a new trick up his sleeve. That mid-range jump shot was added and made him more deadly.

Also, Ahamnissi played great basketball. That was really good for Ginebra. However, I have a feeling that Game 6 will be Meralco's, and there will be a Game 7. In the Finals, it might be short, being dominated by SMB.
16  Bitcoin / Bitcoin Discussion / Re: Exposure to bitcoin at young age on: May 26, 2024, 08:45:15 PM
Better to let kids have fun and maybe learn how to save money and do proper finance in their teenage years. In my opinion, you shouldn't really be forcing your interests down kids' throats especially knowing that there are far more important things to learn than bitcoin.
Exactly. Bitcoin is not actually a necessity that it should be taught at an early age. Let the kids enjoy their childhood first, just pure play and have fun. Eventually, when they reach their mature age, if they really want to know about bitcoin and get educated, they can always pursue with it with all the free resources in the internet.
17  Economy / Gambling discussion / Re: Tell me why sportsbooks does not have some promo on the NBA playoffs. on: May 26, 2024, 12:56:29 PM

Well, it's quite easy.
Not only because the above mentioned facts that football has a bigger audience but also the fact that most casinos/bookies are not allowed to operate in the US. An guess what the biggest market for basketball is, right.


This make sense at all, and because of your comment I tried to confirm it by making a  research and I see these top countries with high viewership on NBA.

https://www.spglobal.com/marketintelligence/en/news-insights/research/global-nba-basketball-viewers-2024

US 79%
UK 77%
Germany 72%
France 65%
Italy 64%
China 90%

Ps : read the full article to get an idea how that percentage were derived.

I'm from the Philippines, our country is not in the list by NBA is very popular here, even popular that our local basketball league which is the Philippine Basketball Association.
18  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: May 26, 2024, 12:19:25 PM
However, based on my personal observation, the better team is Meralco, as they beat Ginebra in a close game. I don't think the last game reflects how good Ginebra is, because the law of averages will return in Game 5, and I don't think it will be a blowout win for either team.

Same here, I don't think game 5 would be a blowout win for either team but still, I am betting for Ginebra Kings tonight as they got their much-needed confidence on that game 4 win. This is a game of momentum and I think the Kings have high moral going into game 5.

My bet for tonight:
Ginebra -4.5 @1.83 vs Meralco



Looks like you are on the wrong side, mate. I wonder what happened to the line; it opened at -2.5 and moved to -4.5. Probably the amount of hype is very high after that big win by Ginebra. Now the game is very close, although Meralco led by double digits, Ginebra did come back. On a Sunday game, I think this will favor Ginebra, but since you are getting the spread, that's a tough one. Still, I'm hoping you'll win.

---------------

Congrats @bisdak40 , just enough to win your bet as Ginebra won by 5 points.
19  Other / Meta / Re: Some people that left this forum recently on: May 25, 2024, 09:32:10 PM
I don’t think anybody should care about them that much. It would be good if they didn’t leave but maybe they found a better place to hang out who knows? There are super newbie accounts popping up every once in a while and they will become legendaries soon and make up for the losses of the old big names. As long as there is an incentive to post, the forum will always attract good posters and good posters will attract more readers and the cycle will keep feeding itself.
I don’t feel that as a signature campaign participant, I am receiving just a very low compensation. In fact, no other company would offer as much as this and to think that it’s a weekly payout, then that becomes more attractive most especially to breadwinners.

As long as we are being paid here, new members will continue to enter and hope to be a part of a signature campaign. With how hard it is right now to find a good job outside this forum, having this kind of side job should never be ignored. Except for those who are still not aware that crypto signature campaigns exist.
20  Economy / Trading Discussion / Re: Why trading and not something else? on: May 25, 2024, 08:20:10 PM
I'm not a professional trader but of course I have experience on doing futures trading. let's accept the fact that most us want to earn extra income and if you have time you can make trade as your part time but before you can achieve this earning you must need to invest too atleast with the knowledge, skills and experience those are your keys to gain profit. Not all the time there's a winning moment in trading there's still as lose but again you are a trader risk is there but you can do is to lessen it.
In this era if you are not rich enough doing a single job doesn't sustain you at all.
Exactly. Even rich people never focus on a single source of income, but they definitely have multiple investments that will generate profits for them. Most particularly for poor individuals, the need to engage in side jobs is not just a choice anymore but a must have so that financial security will be achieved.

I’m not actually a trader but having most of my friends going into trading, I was slowly exposed to that until I started liking the idea in order to improve my current life’s condition. I know trading is highly profitable, but it can also be an instant way to make you lose quickly. But with proper knowledge and skills appropriate for trading, and with consistent exposure and experience in the market, I believe the possibility to gain massive profits in trading will be highly possible in the end.
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