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181  Economy / Economics / Re: Is taxation theft? on: June 26, 2024, 01:54:04 AM
Taxation is an agreement between the government and the people. It becomes theft if the government is not holding up its promises. Which happens very frequently.

So, in most cases, yes. Taxation is theft.
182  Economy / Gambling discussion / Re: Soldiers using gambling to cope with stress. on: June 25, 2024, 06:35:26 PM
do you think soldiers who have left home for a long time and are going through boredom should be restricted from engaging in gambling which helps reduce their stress?

What kind of dumb question is that?

First of all, I am pretty sure that they are not "bored". Rather they are scared to die and are seeking ways to distract themselves from the oncoming horror which they will have to face.

Such people can be easily influenced into gambling all their money away, since they think it won't matter if they die, anyway.

So they are a vulnerable group which should be kept away from gambling.

183  Bitcoin / Bitcoin Discussion / Re: What if There's a Bug No One Has Seen in Bitcoin? on: June 25, 2024, 05:48:14 PM
Why is the world so sure that Bitcoin and blockchain is foolproof. What if there's a critical flaw that everyone has overlooked or not noticed and the whole system crashes down? Is it really impossible? Is Bitcoin a perfect machine or system?

What if tomorrow a virus breaks out and kills all of humanity before we can discover a vaccine or a cure?

Anything is possible, is what I mean to say. But is it probable? No.

Same goes for Bitcoin. At this point, the probability of somebody finding a critical flaw in Bitcoin is almost non-existent. So there is no point in worrying about it.
184  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2024, 05:47:58 PM
I don't know about you guys but 60k is my buying point. I am not going to wait around, in hopes of catching the absolute bottom.
185  Economy / Gambling discussion / Re: Does mathematical calculations really work in lotto or is it just guess work? on: June 24, 2024, 03:56:08 PM
In my country I believe that there are more lotto shops and kiosks than sports bet shops, most Nigerians will be familiar with the popular Baba Ijebu lotto. If you come closer to any of these lotto shops and kiosks, you will notice gamblers of all ages, young and old busy calculating and coming up with probable combinations of numbers that can win. I notice that experienced forecasters and even scammers sells "sure numbers" and other gamblers will pay money to buy these numbers. Some times they win or one number or arrangements can spoil their tickets

Do you think that people can calculate and predict the numbers that machines draw or they're just guessing and picking random number combinations?

Mathematics always work. But in math, we are talking about probability, not prediction. The probability of an event happening can be calculated but there is no 100% certainty of it happening. Predictions are impossible.
186  Economy / Scam Accusations / Re: P.A.C.M.A.N. sacmmer user on: June 23, 2024, 08:17:38 PM
Do you have any further evidence that the Telegram account belongs to that Bitcointalk user?
187  Economy / Speculation / Re: Where is the bullrun??? on: June 23, 2024, 07:23:42 PM
Zoom out on the 6 month chart and tell me that there is no bullrun... Roll Eyes

The problem is that people look at small time frames on the chart and start panicking because they thought Bitcoin is a get quick rich scheme.
188  Economy / Scam Accusations / Re: Pre court hearing update - Cryptopia Account Holder on: June 23, 2024, 07:18:31 PM
That sounds sketchy AF. If it were me, I would not go for that deal. What even are cogs in the first place? Do they even have any value? Can they be sold for that value? What is the liquidity?
189  Other / Off-topic / Re: Is addiction bad only when it is a problem? on: June 22, 2024, 09:48:11 PM
Addiction to gambling is not a problem for some gamblers because there are some gamblers who are addicted to gambling, but it doesn't affect the other activities of their life. They take care of their families, wear good clothes, smell nice, meet up with appointments but still cannot control the urge to gamble. It doesn't affect their life because they can afford to gamble and manage the loses they make. So, to these people addiction is not a problem. They are addicts, but because they are successful, their addiction is ignored or excused as it is not a problem.
So I am need to know, is addiction only bad when it is a problem?


There is no such thing as an unproblematic addiction. Addiction is the name for a problem. And it needs to be taken seriously, because people really downplay addiction by saying things like "it does not affect them as much as others" or "they can deal with it". We are all only human, and we should take the plight of other humans seriously, who had to battle with addiction, instead of thinking we are somehow superior by having a stronger will or something.
190  Bitcoin / Project Development / Re: How to monetize bitcoin website? on: June 21, 2024, 07:57:58 PM
Hubspot offers free marketing tutorials. I suggest going through them if you do not understand things like affiliate marketing or backlinks.
191  Bitcoin / Legal / Re: Tax free crypto idea on: June 21, 2024, 07:51:17 PM
I set up a wallet using a Switzerland address. But I used my American passport, American tax id #, and American bank account. If I buy and sell crypto (in Switzerland, because my address is a Swiss address), are there no capital gains technically? Then I simply deposit the funds to my bank account tax free? Is this true?

There is no such thing as a wallet with a physical address. It is your wallet and unless you let somebody know that it is your wallet then they will not know who the wallet belongs to or where it was set up.

I assume you meant you set up a wallet on a crypto exchange. In that case, the exchange has full view and control over your deposited funds and your identification documents. They are also going to give that information to your government. And if they decide to freeze your account and your funds, there will be nothing you can do to stop them.

Stay away from centralized/custodial exchanges and/or wallets.
 
192  Economy / Gambling discussion / Re: Your best casino review website. on: June 20, 2024, 04:11:50 PM
Bitcointalk.org

It is the best casino review website you can find anywhere. I trust this forum much more than any "review website".



I think the OP means a review website outside the forum since he already mention the ANN thread of each casino here in the forum.

Also the forum ANN thread already swarm by bunch of post from sig campaigns which is too hard to read all those 200+ page just to read reviews post out of sig campaign post that is not related to the casino experience.

A website like BTCGosu and Gamblingbro provides a brief yet informative overview to casino that has ANN thread here. Also @efialtis is one of the most trusted user here in regards with casino industry so we can guarantee that his reviews has value.

I realized that. But perhaps you did not pick up on my context? I was trying to make the point that there are no good review sites and he should stick to the forum instead.
193  Economy / Gambling discussion / Re: Your best casino review website. on: June 20, 2024, 02:23:59 PM
Bitcointalk.org

It is the best casino review website you can find anywhere. I trust this forum much more than any "review website". The reason is because I do not trust reviews on review websites. Those websites use reviews to make money. And sometimes they do so in fraudulent and immoral ways.

At least here you can be much more certain of the authenticity of the reviews. Especially those coming from trusted members.

194  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2024, 02:19:41 PM
And Saylor buys another $786m worth of Bitcoin

Another 11931 coins taken off the market



Now? Already? Well. I might not wait around for 60k after all.
195  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2024, 08:31:11 PM
The price would absolutely plummet. I can’t say watching my net worth nosedive would be ’way too fun.’
I entered in the wrong epoch then. I want to go back in 2010 and talk about overthrowing the government with this new BitCoin.

That is basically all I do.
196  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2024, 07:03:30 PM
The ONLY Legit coin besides Bitcoin is Monero and that only because it has privacy tech that was slated for Bitcoin (as can be easily researched by reading Satoshi and Hals posts) that was never implemented and if bitcoin ever implements that tech then even Monero will become worthless.
If Bitcoin would be as private as Monero, governments would fight it much harder than they do already.

Wait until they figure out that Bitcoin can be swapped to other blockchain-compatible crypto, such as Monero. And there is nothing they can do because it is a decentralized technology.
197  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2024, 01:03:48 AM


What about the holder

From 2013-2021 ish



yeah, yeah, lucky you  Grin, but does it have a "fish flow" or cranberry/blueberry "flow" from the surrounding woods?
Hehe.

Either way, he is living the dream.
198  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are people still participating in Bounties here? on: June 18, 2024, 10:31:03 PM
Depends on the project and the bounty manager. Both have to be trustworthy. But the project also needs to be really good, otherwise your work will equate to 0 profits. And 90%+ of all projects are total crap which will fail in the near future. So you need an eye for the good projects.
199  Economy / Gambling discussion / Re: Drake did it again! Another huge losing bet... on: June 18, 2024, 08:35:07 PM
Yes, the famous canadian singer/actor has just "achieved" another big loss.
https://cryptopotato.com/here-is-how-much-bitcoin-btc-drake-lost-betting-on-the-nbas-final/
According some sources online he has lost around 500K USD in bitcoin while gambling on NBA finals.

Weel, this is not the first time we see such huge loss by the player (these are real money or just bonus)?
Quote
Earlier this year, he wagered $700,000 worth of BTC on a UFC fight, predicting that Sean Strickland would beat Dricus du Plessis (the bet carried an estimated profit of over $650,000 in BTC). The fighter, though, lost after a split decision from the judges.

In 2022, he bet $234,000 worth of BTC on Ferrari’s driver – Charles Leclerc – to finish first in the Spanish Grand Prix only to see Max Verstappen winning the race. Later that year, Drake wagered $600K in the cryptocurrency on FC Barcelona to win its biggest derby against Real Madrid. Unfortunately for him, the team from the Spanish capital emerged victorious in the match known as “El Clasico.”
Let's see the other bet scheduled for tonight 18 Jun 2024 how it will ends... "Edmonton Oilers to win the NHL Stanley Cup Finals against the Florida Panthers"



I do not think that Drake himself would consider 500k USD as a "big loss". To be honest, its just peanuts to him and he probably enjoys the community reaction even though he loses. Because to most of the community, it is a very large amount of money.

But either way, bored multimillionaires/billionaires do not impress me with the money they throw around. Because I know they have much much more.
200  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2024, 02:45:15 PM
The slow bleed down makes completly sense to me because this is a bear market.

As long as there are money printers running 24/7, infinite bull run.

Not really. At some point money becomes worthless and you cannot even buy bread. Ask Germany 1923.

I'd rather not ask Germany 1923 anything.
I'd rather give it poisoned bread.

That has nothing to do with the point that I am making (about the government endlessly printing money). I am referencing hyperinflation in the Weimar Republic.
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