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September 27, 2023, 02:22:42 AM *
News: Latest Bitcoin Core release: 25.0 [Torrent]
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1  Bitcoin / Bitcoin Discussion / Re: How important is it to keep your bitcoin investments secret from others ? on: September 25, 2023, 07:02:22 PM
Not only crypto, you shouldnít be talking about any of your investments under any circumstances. Donít tell your friends, family members, your boss, coworkers about it. They donít need to know your finances. If you make money they will get jealous. If you lose money, they will be happy. Either way they will find a way to make you unhappy. So why do it? Keep it to yourself. Youíll be doing yourself a favor not telling them trust me. Sometimes you might even get robbed because the word is out: ďThis guy is filthy rich!Ē There is no way this can bring any good on you. The more attention you gather on yourself, the worse it will be.
2  Economy / Speculation / Re: Potential events that can initiate next bitcoin rally on: September 25, 2023, 05:08:30 AM
I donít really think regulation is a good thing for bitcoin. Bitcoin is a lot better without regulation. If they regulate it, we will have follow every new regulation when trading or using btc. Btc will become a government asset and it will be very unprofitable for every bitcoiner. I know it from experience, governments make everything worse. The less government there is, the better for the people. Governments make complex laws which confuse people. See the American tax code, it is almost impossible to follow. They filled every loophole to catch tax evaders and they ended up with this abomination. The same thing will happen to btc.
3  Economy / Gambling / Re: Best Practices for Staying Safe When Gambling on: September 25, 2023, 05:00:10 AM
Just donít deposit more than you are comfortable with losing. Letís say you deposited $100 on a casino, you should forget about that money because one way or another you will probably lose that money. 95 out of 100 times, you will lose it playing but sometimes other unlucky stuff happen too. The casino may demand KYC on you, your acc may get hacked (small chance if you got 2FA) but the worst of all, the whole casino may get hacked and then even 2FA wonít save you. So donít feel too cocky just because you enabled 2FA on your account. A site-wide hack is still possible. Now read the first sentence of my post and it will make more sense.
4  Economy / Gambling discussion / Re: Gambling game is not good and everyone should stay away from it on: September 24, 2023, 01:43:05 PM
Everyone stay away from gambling game then you all will be happy and happy Gambling game is very bad which will harm your family a lot and will also harm your life like my father gambling ruined my father's life and also my future is dark now I am now  I came back to this bitcoin to find light in my life in this darkness you all help me shine.

Gambling is as bad as drinking and smoking. Do enough of these you will also ruin yourself. We canít avoid every harmful habit out there because sometimes harmful&dangerous is fun. Driving high speed is dangerous too but probably every male driver did it at least once in their life time. I was fishing on the dock earlier in the day and some old fuckfaced lady came by and buzzed into my ear: ďyou canít fish here it is forbidden.Ē Thank you mother fucking party pooper I was just about to leave anyway. Even though she was right (There were people swimming in the sea but they werenít near), I was doing it for a reason because it was more fun to do it there. That said, Bitcoin is the only way moving forward.
5  Economy / Trading Discussion / Re: chart reading and prediction on: September 24, 2023, 01:32:41 PM
everyone on twitter, insta reel and youtube is making prediction related to different cryptos based on chart lines. Do you still believe these chart reading?

No. Chart reading is basically fortune telling. What you guessed may or may not happen in the future. Nobody can know it. If it was possible to make educated guesses by looking at charts, everyone would do it and everyone would become rich. Do you know a trader who is making 100% right guesses? Of course no. There are some people that make more good guesses but give enough time they will become losers too. (Assuming that they are making their guesses only by looking at charts) The truth is, successful traders use lots of other information too. They follow the news and sometimes they get insider information. Charts donít tell you all that.
6  Bitcoin / Bitcoin Discussion / Re: Could Satoshi have known? on: September 24, 2023, 04:34:12 AM
Satoshi predicted all of this probably. What happened to bitcoin isnít a surprise. When there is money to be made, it will be made, till it canít be made. People saw a promising project with a small market cap (thatís btc) and hoarded it just like hoarding a penny stock with a promising future. People didnít do anything wrong since they made lots of money doing it. On the other hand there are lots of people that use bitcoin to sell and buy stuff too. Not everybody is an investor or a trader. One can use bitcoin without having to invest in it. All you need is a btc wallet.
7  Bitcoin / Bitcoin Discussion / Re: Will the SEC approve BTC ETF in the coming 23 days? on: September 23, 2023, 05:31:59 PM
I donít think so. Tbh I am not sure what they are waiting for. They donít say ďyesĒ and they donít say ďnoĒ too.  Maybe they are waiting for a big price drop so they can buy the dip and then approve the etf. That makes some sense. It is probably better to stop thinking about it at this point. We donít even know if this etf will affect bitcoin in a positive way. The prices will jump in the short term thatís for sure but what about the long term? I donít want bitcoin to be a boring boomer asset like gold.
8  Economy / Gambling discussion / Re: What is the drive that makes women go into gambling? on: September 23, 2023, 04:11:17 AM
Most of the time it is greed. Women are not much different than men. They can be as stupid and as greedy as us. I have seen women that went bankrupt before. It is not as rare as you think. Some of them are addicted to alcohol or/and smoking too. Sometimes they just look for something to pass the time though. Maybe some of those women have problems at work or have problems with their husbands so they may want to get away from everything and suddenly gambling looks like an attractive play.
9  Economy / Economics / Re: Small Scale Business Ideas on: September 22, 2023, 03:03:41 PM
On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?

Finding capital is a tricky subject. You have a few options here.

1- Borrow money from banks
2- Get a job and save money
3- Inheritance (have a rich family)

You should have taken advantage of the low interest rates but now that time is long gone so borrowing is not really an option anymore.

Getting a job (or freelancing) is the only way now and unless you are skilled in something, you wonít go too far there.

Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.

Building passive income is easy if you have the capital. Bonds, dividends and real estateÖ There isnít really any other real option there.

Do you have a small business idea? or business experience? I want to hear it

It seems to me you donít really know what you want. Do you want to start a business or do you want to build a portfolio that brings passive income? Do you have any capital, do you have any education?

What do you want to learn from us exactly? Do you want us to tell you our business secrets?

You didnít give us any information about you so we could work with it.
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin miners energy usage has exceeded 50%, where is Elon? on: September 22, 2023, 04:18:13 AM
Fuck this cunt. Bitcoin donít need Elonís money. Elon needs bitcoin. He may not need it now but when the whole world adopts it, he wonít have a choice. However, Elon is not dumb too. He will probably buy btc before the mass adoption happens. Actually he probably already has thousands of coins in his personal stash and since he doesnít have to declare it to the public, we will never know the truth. One way or another, Elon is pretty insignificant in the grand scheme of things. If he wants to get piece from the action thatís fine but if he doesnít, he may duck right off.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: How did Ripple (XRP) become so popular and blow up in price? on: September 21, 2023, 05:10:54 PM
Ripple is probably a government trojan horse. Iíve been following ripple for years and ripple is almost always in the CMCís top 10 list. Everybody knows ripple is premined, everybody knows its marketcap has no meaning but somehow nobody talks about it. Ripple is not even a crypto. It is just a premined illegal security. I guess People donít give a damn about it as long as they can trade it on a crypto exchange and I also stopped caringÖ I never touched it and never will. There are far greater projects out there. Ripple is a scam.
12  Economy / Economics / Re: If They Can Pay off their Debts, Why Don't They? on: September 21, 2023, 05:01:34 AM
They canít actually. There are two ways of paying debts.

1- Produce more, sell (export) more, then pay your debts.
2- Print money, pay

I am not sure about Japan but every other country in your list is printing money instead of producing more. Japan is (or used to be) the only country there which export more than what they import.

The truth is, They are losing their jobs to China. China produces, they print and buy Chinaís stuff. China is making money, they are making debt.
13  Bitcoin / Bitcoin Discussion / Re: Did anyone notice this pattern? on: September 20, 2023, 04:21:27 PM
You are basically doing TA without using charts. The problem with TA is that it may never replicate the past events. It is like playing coin flipping. Just because you got tails 99 times in a row, doesnít mean that it will be tails again in the 100th game. On the other hand we also know that history doesnít always repeat but it often rhymes. Maybe this time there will be another ATH but it wonít happen in 1.5 yearsÖ maybe this time it will take 3 yearsÖ The real question is, what will you do if there isnít a new ath for the next 3 years? Will you give up and sell or will you hodl?  TA is like writing a story book and then actually believing that it is real.
14  Bitcoin / Bitcoin Discussion / Re: Please review my inheritance strategy on: September 20, 2023, 04:05:14 AM
2. Put the numerical index of the order of this into a deadman switch which will be sent to them if I fail to respond for my chosen period / times.

This looks a bit problematic to me. You may not respond for a long time for some other reason. It is probably a better idea to trust a third party like a bank in this situation. I know banks suck but sometimes there is no need to make life harder when you can choose the easy way and in this case banks do win in my book. You may still pass down your coins btw, let them stay in a bank deposit box, write a will and get it notarized so everything will be official. If go with the unofficial way, you will always have doubtsÖ
15  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: September 19, 2023, 06:14:03 PM
Yes it will and in a very bad way. I canít see a marriage lasting very long if your wife/husband is a gambling addict. Sooner or later either he/she wonít show enough interest in you or worse, she/he will lose too much money which could be spent on more meaningful stuff. If you love your addict spouse very much, you should first explain the situation he/she is in and then convince him/her for a treatment. If she/he refuses to get cured, then it is time to divorce him/her. It is not a pretty thing to do but some people canít be savedÖ
16  Economy / Trading Discussion / Re: you have to manage risk for trading. on: September 18, 2023, 06:43:02 PM
Life is all about managing risks. Trading, investing, having fun, studying, watching movies, drinking boozeÖ Name any verb and I will explain it to you how there is a risk involved with it.

Drink too much, you risk your health. Drink less, have fun with much less risk.
Work too much, again you may lose your health. Work enough, make good money.
Invest only in one asset, you will lose everything if it goes down to zero.

Etc etcÖ

So when it comes to trading, you should definitely follow the same principle and manage your risks.

A wise man once said:

ďInvesting isnít about avoiding risks, it is about managing them.Ē
17  Economy / Gambling discussion / Re: Experience for new and old gambler? on: September 18, 2023, 04:47:13 AM
I donít think being an experienced/old player has anything to do with addiction. Both of these people (old/experienced and young/inexperienced) can become very addicted to gambling. Age and experience do not matter. Iíve seen adults and college kids that were equally addicted. I had friends who made bets every day. When people reach that level it becomes almost impossible to save them from the addiction. Thatís the problem with being an addict. Unless the addict himself wants to be saved, nobody can save him until they lock him up in a cell. When the addict makes up his mind and accepts the treatment, everything becomes much easier suddenly.
18  Economy / Gambling discussion / Re: Ads for online gambling should be banned. on: September 17, 2023, 11:58:22 AM
Australia has become the world's biggest woke-shithole lately. First they banned smoking and now they are banning gambling ads. What next, banning gambling completely? How about banning alcohol too while you are at it? What about weed? Oh right, weed will get a pass because most woketurds smoke it I guess. No guns too. If you are living in this old brit prison, you are at the mercy of this stupidly woke government. Leave this shithole while you still can. It is not going to get better before it gets worse there.
19  Economy / Gambling discussion / Re: Big capital, small risk or small capital big risk - which is best approach? on: September 17, 2023, 11:03:52 AM
Since gambling is not a form of investing, small capital/high risk is the way to go. You are gambling, so aim high and make it count. If you were making investments, then you should think about preserving your capital but thatís not the case with gambling. You are already good if you lose the money you are going to spend on gambling. When making investments, thatís the opposite because you want returns in the long run so you don't want to your initial investment. If you gamble with a big capital, sooner or later youíll lose that big capital and thatís a no no. At least you wonít lose much when your starting capital is already small.
20  Economy / Gambling discussion / Re: How late is too late to place a bet for a gambler? on: September 17, 2023, 09:49:32 AM
I don't think making bets in the last minute is a viable gambling strategy in the long term. People make lots of mistakes when they are in a hurry and gambling isn't an exception. Betting on sports needs careful planning and doing proper research. If you just make bets because you feel like it, you will definitely lose most of them. If you make your bets like that why don't you just play dice then? It makes more sense since dice is all luck based and it doesn't need you to make any research beforehand. If something has changed your mind in the last minute, then you shouldn't even make a bet on that game anymore because if something has changed, lots of other things which you don't know about may have changed as well.
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