What is the difference now? Using your own assets as collateral for take loan in the bank and using your cash are thesame thing because if you fail in that business, your asset may be sold by the bank to recover their money that was given to you as a loan. In this case I see no difference from asset coletheral loan and using your personal guns as a liquidity. The problem is that bank take aore higher value advantage asset so that if you can pay back the Cash then they may sell it and make profit from your asset.  I will even prefer to use my capital to do any business of my choice maybe starting little if that is my first time, I will know the level of my business before taken loan from bank otherwise taken loan for coletheral at the beginning of any business may not be a good one since there may be risk if losing.

Many people who source fund from micro finance bank could not be able to pay back and they lose their assets because they where so excited about a business they have never don before.

I think it is obvious that he meant some kind of gambling where the player is successful (it does not matter whether it is real or not). I hope you do not laugh at those people who do business in conditions of hyperinflation? After all, despite the fact that most of their capital is in assets (machines or store space, etc. I do not know), but they also try to do business against hyperinflation, which is essentially an unprofitable strategy. At some point, you still have to decide how to get rid of money that is becoming cheaper in order to somehow preserve the value you have earned.

Funny how people get very creative with different scenarios

I don't think the set of people who stole it had monetary intentions, else they wouldn't have thrown it into the lake, They would've kept it safe and asked for ransom, also Switzerland is a developed country, so the identities of those who even projected such act shouldn't be hidden from the security system.

I strongly believe that it is some bitcoin critics who do not like bitcoin at all or who may have recorded small or huge losses with the recent dip that went ahead to demonstrate their  displeasure by breaking off the statue from its base and pushing it into the lake.

I'm pretty sure most of you know how inflation affects a country and its people, but imagine if it reaches the level of hyperinflation. Take Venezuela for example, which got hit hard by hyperinflation with over 200% yearly inflation, making it one of the countries with the highest rates globally.

Normally, we gamble just for fun, but in a place like that, gambling might actually be a way of survival. The odds of turning a small amount into something bigger could seem more appealing compared to just holding onto their money while its value keeps dropping every day.

In a way, while it goes against the usual belief that gambling isn’t an investment, in countries with hyperinflation, it might look like a potential hedge against losing purchasing power.

So I’m curious, do we have anyone here from such countries, like Venezuela or Argentina? How do you see this possibility? Would you consider gambling an escape from inflation, or does it only make the situation worse in the long run?

It's very possible in the nearest future no doubt, Bitcoin will eventually be used as collateral in the future, but it's not necessary because an individual doesn't necessarily need to sell off his Bitcoin or even use it as collateral if he is managing his finance properly, because any investor who is investing according to his financial strength, who has a reasonable emergency and reserve funds in place will hardly think of selling off his holdings or even use it for collateral in the first place.

Though at some point we do borrow money for one or two things as humans but if you can be able to manage your finances properly, you wouldn't be needing to borrow any money in sorting out some minor needs, because your reserve funds is there already, but if the emergency situation threatens your holdings, that's why you have an emergency funds in place to combat any serious needs that threatens your holdings.

That's true, the effect of the ongoing war with Ukraine is really a big blow on Russian and that alone is affecting its economy growth and development, such could also be as part of the reason they couldn't intervene on Iran-Israel war and US did so, Russian made lot of importations these time around than their exports in terms of the economy GDP, i think they have experienced a decline a little bit.

The end point of bonuses are that you spend to to enjoy free games, and if you want to enjoy it more, you should nkt expect to make winnings from those bonuses like expecting to hit a jackpot from them, because having such thoughts towards those bonuses will build frustration when their did not come.

But if you have already made up your mind to waste those bonus amd enjoy the and have fun, xou be at peace regardless of which direction the game ends.

I will describe a case where mandatory SEED phrase checking before updating would be harmful and result in loss of funds. There is a case when you really lost access to SEED but you have a working wallet and a known pin code. You want to withdraw a coin from the wallet, but a warning pops up that there are changes in the protocol of this coin and you need to update it (this is often the case in Ledger wallets with different altcoins). In this case you have nothing to do but to agree with the update and in case of its success to withdraw coins to a new temporary address. If checking SEED before the update was mandatory, you would simply lose access to your coins.

Personally, I had a similar situation with the Tezor T wallet, the ZEC coin did not want to be withdrawn from it until I updated my wallet to the latest version.

A similar case occurred with the user Krypt which is described in the Russian branch of the forum.

True, BOTs, RTA (Real Time Assistance), and collusion have ruined the online poker industry for an average Joe. Whatever good was left is destroyed by the excessive rake charged by poker platforms.   

Generally people who use crypto want to stay anonymous, therefore, it is much difficult to prevent collusion and other stuff. You have to have mandatory KYC, there is no other option.

Besides that competition is becoming difficult day by day as everyone is playing GTO ranges, more or less.

I did not say it was going to become impossible to buy 1 bitcoin, but with the coming years and judging with the track record bitcoin had set it will be much harder to buy one bitcoin in the future with the same amount used in DCA now, if it took 10 years to buy now it might take 15 years in the future so the only to keep at at 10 years would be to increase your weekly investment as was stated in the article.

This May Be the Final Year to DCA Your Way to One Bitcoin in a Decade
If you want to own a full bitcoin through dollar-cost averaging (DCA), 2025 may be your last realistic chance.

DCA Strategy Faces Diminishing Returns, But Bear Markets Could Be a Blessing for Late Bitcoin Stackers

Source: https://news.bitcoin.com/analyst-this-may-be-the-final-year-to-dca-your-way-to-one-bitcoin-in-a-decade/

Holding Bitcoin according to the DCA method is very enjoyable, you can definitely see it if you enter this link. Because it is easy to earn one Bitcoin in a decade and the DCA method plays the most important role in making yourself financially independent.
The more you hold Bitcoin according to the DCA method, the longer your investment will be in the long term. Keeping Bitcoin aside for a decade and continuing to hold it is the most modern and plays a sure role in becoming financially independent.

Yes, it's a good way to recall the user if they still have the correct copy of the master seed before updating the firmware.

It should be done on the device itself not on the connected wallet (ledger live, trezor suite, etc) and not with a device that is connected on the internet.

The problem is where to draw the limit between "real" demand and demand driven by "irrational behavior"?

There are also lots of speculative users who try to ride bullish and bearish waves, either being long or short, but with a plan. There are even those who try to capitalize from the FOMO and fear of others, showing similar buying/selling behavior at a first glance. Are they regular users of an "efficient market" or not?

Anyway the point of this thread is not to question that there is a long time trend driven by scarcity. If Bitcoin is perceived as a "scarce" asset, and demand is rising faster than the supply increases, then a long term price growth is a logical consequence.

The question here is about the timing the "Halving Cycle theory" supporters alude to. That the "cycle" in the popular opinion always lasts 4 years (even if we had only two complete 4-year cycles, the previous one was shorter), just like the distance between halvings. That the peak bull market euphoria with new ATHs starts several months after the halving (which, to note, seemingly wasn't the case in the 2024/25 cycle, as we had an ATH previous to the halving in April).

And these theories, imo, are really bad at explaining the crashes after the demand.

In other words, what I question is:

- that the post-halving FOMO is a "natural consequence" of the halving cycle,

- but the crash after the maximum FOMO is "irrational behaviour".

IMO both FOMO and crashes are either irrational or have to be explained by the halving cycle theory

From what I can see here, Boss Little Mouse said that there would be 2 Poker tournaments this month, which invariably means that there is the possibility of Yeet Casino having a poker room, and of lately, poker games are now making rounds in the online gambling industry, which is a good one and it doesn't require players meeting together sitted but from their comfort zone from any part of the world they could just logging and join the poker session to play their poker game.

If you are a poker lover, yeet will have 2 poker tournament this month. Everyone wagered $10k+ are eligible to participate. Keep an eye here or our telegram group (Bitcointalk Contest) or Yeet's discord group.