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1  Economy / Gambling discussion / How about your experience in taking part in the same bet with friends? on: March 28, 2024, 04:53:54 AM
Wins and losses are common in gambling. Losing a bet creates a lot of human stress for many gamblers because there are many gamblers who bet such money that they cannot afford to lose.

Some other gamblers after losing betting money they become depressed. Most of the time I have gambled alone and some times gambled with friends. There are some positive and negative aspects of gambling in these two situations. I feel a bit relaxed there when I participate in the same bet with my friends. Because even if I lose there, I get consolation seing from others. At the same time there are some differences of opinion before betting which sometimes creates confusion.

Have any of you had any such feelings?

Is there less human pressure if gambling is conducted in the same place with friends?
2  Bitcoin / Bitcoin Discussion / Does anyone make Bitcoin investment decisions like Didi Taihuttu? on: October 01, 2023, 05:37:53 PM
Many of us know the story of Didi Taihuttu. Whom everyone knows as the Dutch entrepreneur. Didi Taihuttu originally get the world's attention when he sold all his assets and invested in crypto. He created a stir in the world because of his dangerous policies. From his story, people's interest in cryptocurrency in the world increased greatly. Didi Taihuttu is one of those people who have good knowledge about Bitcoin and who have full confidence in it. Didi Taihuttu can be a milestone for those who have made the decision to embrace their lifestyles in the digital currency or Bitcoin. Although some of his behavior was generally too risky to be accepted by everyone. But there are some positive points of view that can inspire a bitcoin holder.


I have tried to bring out some points from his Bitcoin life

Tried to become financially independent
Didi Taihuttu sold all his wealth and invested it in Bitcoin which was a risky decision but there was no doubt about her faith in Bitcoin. He has basically tried to keep himself independent from conventional financial institutions.

Taihuttu's vision and tenacity towards Bitcoin
Taihuttu was able to fully trust Bitcoin. He dreamed of owning a huge sum of money investing in Bitcoin for long-term. Which was certainly a realistic. He was adamant that holding Bitcoin for the long term would guarantee success.

Taihuttu's Joyful Experience
Taihuttu learned about Bitcoin himself and subsequently inspired his family members to learn about it. When the family members acquire proper knowledge, the family supports him.

Taihuttu's Fast Bitcoin Adoption
Taihuttu's relatively positive view of the Bitcoin boom since its inception allowed him to accumulate large amounts of Bitcoin at a relatively low price which was definitely more profitable for him.

Above all, we can welcome his visionary decision, the way he kept Bitcoin in mind and knowledge and created a buzz about Bitcoin among the people of the world played an important role for Bitcoin adoption. For those of us who are afraid of investing in Bitcoin, Taihuttu's story will definitely add some inspiration and help make a good investment in the bitcoin.
3  Bitcoin / Bitcoin Discussion / A victory for Bitcoin on: March 28, 2023, 06:15:49 PM


           

Coinbase's former CTO Balaji Srinivasan's prediction about bitcoin price is not realistic for most people(1 btc=1 million USD). Some consider such activities as a tactic for his personal campaign. Some others consider as a reflection of his long-held views on Bitcoin. However, it is easy to imagine Srinivasan's bold prediction of 1 million in 90 days made a big impact on the Bitcoin market. In my opinion, it is not important how much Bitcoin can increase in value in 90 days because people who believe in Bitcoin do not invest in it for a short period. Srinivasan's prediction has shown that Bitcoin is likely to reach new heights. Coinbase's former CTO Balaji Srinivasan should be respectful of his recent thought of bitcoin.

Although Srinivasan's recent prediction may seem absurd to some, it is actually a very reliable prediction in the long term. He made this prediction based on the US banking system and hyperinflation, which makes it difficult to dismiss.

Generally we know that what is capable of taking Bitcoin valuation to unprecedented heights is a market cap. Various institutional investments in Bitcoin have multiplied its market cap in recent times. Public companies like Tesla, Voyager Digital LTD, MicroStrategy are now investing billions of dollars in Bitcoin, which naturally adds to Bitcoin's adoption of legitimacy.

If one bitcoin is seen as equal to 1 million according to the current price of bitcoin, then a market cap of about 20 trillion is required. While it may seem like more at the moment, it can also be covered if a crypto revolution happens.

Another important reason why Bitcoin can reach higher in the coming days is its market dominance. Currently we can see that about 45 percent of the total investment in the market is in Bitcoin. When Bitcoin continues to rise above 65 percent or more, there will be a big change in the price of altcoins in the market and the market cap will also increase significantly.

Finally, i will say that people are learning to value BTC so we will be able to achieve it in the near future even if not in 90 days.
4  Economy / Economics / Elon Musk and the fall of Twitter on: March 26, 2023, 10:00:35 AM


Elon Musk has been in various complications since purchasing the popular social media Twitter. After purchasing the social media he imposed various restrictions on the intention of the users. Since becoming the owner of Twitter, by eliminating employer he tried to reduce the company's costs. No one including the users could accept his various thoughts regarding on twitter. As a result, today he has to announce the sale of his Twitter at half of the buy price. $44 billion Twitter is now $20 billion. Elon Musk has made such an offer to sell shares to Twitter employees.

Elon Musk cofounded and his four popular companies are Electric car maker Tesla, Rocket producer SpaceX, Tunneling startup Boring Company and
Twitter

He may be a big businessman but nothing can be imposed ignoring the sentiments of common people. Since Elon Musk's purchase of Twitter, 14 of the 30 companies that have served as advertisers they have stopped promoting in twitter. Naturally, Twitter's revenue has declined and is likely to further decline in the coming days.


Although he is financially one of the richest businessmen in the world, it is also worth noting that the share prices of his other companies could fall through losses on his Twitter purchase. In my opinion his main mistake was disregarding public sentiment. What is your concern?
5  Economy / Speculation / Bitcoin is a Symbol of Confidence in Banking Crisis Recovery on: March 19, 2023, 09:58:22 AM
A big panic has spread in different banks of the United States. In this situation, the alliance of these banks has requested the country's Federal Deposit Insurance Corporation (FDIC) to provide insurance against any deposit for two years in advance and ignore specified limits. So that faith returns to customers and banks return to normal situation. Since the rumors of SVB's closure, customers of Signature Bank have started withdrawing their deposits. In that event, their share prices started falling. Not only that, the shares of Signature Bank's peers also fell.



Meanwhile, after Silicon Valley Bank (SVB) and Signature Bank, another bank of the country is at risk of collapse - First Republic Bank. However, some of the leading banks in the United States have come forward to prevent the collapse . 11 banks led by JP Morgan and Citigroup are depositing 30 billion or 3 trillion dollars to First Republic.




Despite all this news, crypto is showing good signs. If this fear prevails in the banks, then a large deposit of the bank customer may be invested in Bitcoin or cryptocurrency. Investors can also earn huge profits against their deposits. What is your opinion in this regard?
6  Other / Off-topic / Prioritize your knowledge not to artificial intelligence on: February 19, 2023, 02:09:37 PM
There has been a lot of talk about Artificial Intelligence’s chat GPT. I also try to discuss about it especially it's negative aspects.

Currently, people's trust in artificial intelligence is increasing rapidly and in the same time providing better services to the people. But no matter how advanced this technology is, it has some demerits as well.

Chat GPTs are trained through trial-and-error methods, they are only as accurate as the data and algorithms. If the data information is wrong they will provide wrong information. Where the users may get confused.

Although chat GPT (Generative Pre-trained Transformer) is used for customer service, they cannot answer complex questions in many cases. Many GPTs are only trained for basic conversation. Moreover, it is unable to understand human emotions. They may not be empathetic which makes it difficult to provide customer service. Chat GPT's discussion scope is limited. Since GPTs are trained on specific datasets, they only provide solutions or suggestions for problems within their domain.

7  Bitcoin / Bitcoin Discussion / A day for representation of Bitcoin on: January 17, 2023, 04:50:28 PM
Women from 84 countries participated in the Miss Universe 2023 pageant. But great attention was when Alejandra Guajardo from El Salvador appeared on stage wearing a Bitcoin suit for the cryptocurrency sector.  Alejandra Guajardo shows the evolution of her country's currency through the clothes she wears. She came on stage with a golden bitcoin outfit, holding a scepter with a BTC logo. Guajardo's Bitcoin dressing quickly became the talk of the cryptoworld  within moments.



El Salvador's President Nayeb Bukel wants to go forward with cryptocurrency. He has already launched a national bitcoin office in his country. The purpose of which is to coordinate various initiatives related to cryptocurrency in the country as well as around the world. They have committed to buy one Bitcoin each day to profit from the dip. This has been widely appreciated by crypto fans all over the world.



Bitcoin now gained worldwide recognition once again through this event. The positive sign towards Bitcoin has increased among all kinds of people. I think Miss Universe 2023 is a green message for Bitcoin. What do you think about it?
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