I see many stories like this on the forum, from African countries but mainly from Nigeria, which is the largest African community we have. Sadly, it is not representative of what happens in the rest of the world, where Bitcoin is mainly acquired as an investment, and although there are sites to pay with it, people rarely do it. But anything to help expand the knowledge and use of Bitcoin is welcome.

With the OP I agree on the message of buying Bitcoin for what it is, as an asset it is much better than altcoins, or the stock market, although I believe in diversification.

Whether this is the minimum or not, neither he nor anyone else knows. We have seen too many times already extremely detailed analysis, even very suffisticated theories, that failed miserably.


To me, it looks like it's going to cost over $100k next cycle. The normal thing is that after the next halving it will clearly go above it, but I think it's going to take a lot of tries because of the psychological factor and the sell orders that are going to be placed around that figure. Under normal conditions the price could even go above $200k next cycle, but after what we've seen in this one, it's not so clear.

Well, those of us who have been here for a long time already know what happens, and we don't just believe the sobbing story of a newbie without proof. But this is a forum where free speech dominates and that has its advantages and disadvantages.

Anyway, casinos are very profitable businesses and by pure statistics, with the customer base they have they are going to have complaints and false accusations, so tough shit, it's something they have to deal with.

There have also been cases of scams or morally questionable actions on the part of casinos in some cases, and we have no a priori way of discerning them, so I think the thing is going to continue like this and that's it: with people who have broken the rules and have been caught inventing stories against casinos, and few other real cases of wrongdoing on the casinos' part.

I agree 100% on this. Without denying that there may be whales making certain moves based on their interests, the story of the OP sounds to me too much like the dominant discourse against the rich, which adapted to Bitcoin would come to say that they oppress the poor little holders who are victims. The way out according to this discourse: that a politician comes along, usually a socialist or even more to the left and tries to redistrubute, although with the Bitcoin they have a hard time.

I'm all for low taxes and minimal regulations but I'm going to play devil's advocate in this case. In general when a successful industry is born, as cryptocurrencies would be in this case, the absence of regulations helps the business flourish. Not paying taxes, either because it is not foreseen in the legislation or because it is easy to escape them and the industry players do not pay them, also help the initial growth, as much more can be reinvested in the business.

But as the industries mature, some regulations become necessary so that it doesn't look like the Wild West and fraudsters run wild.

I would like regulations in which people who play an important role within the bitcoin ecosystem would be involved, which is not going to happen, as they will be made by politicians seeking to preserve their status quo, even though they may seek industry input to save face.

The source does not seem very reliable, of course.


The link does not load, the page remains blank.

Let's see, after everything we have known, I would not be surprised, especially since there are precedents in another case.


But I prefer to wait for further confirmation from reliable sources, if any, before making a judgment.

I had a little alcohol in my blood when I created the flag, so I guess that didn't help, lol. I realized later, and I couldn't delete the created flag or create a new one, but ok. 



Anyway, in the negative feedback I did use the archived loyce.club post as a reference.

Hey guys, I believe whoever believes OP is at high risk of losing money, so I created a flag:

https://bitcointalk.org/index.php?action=trust;flag=3070

Don't fall for this trap.

This is the first time I create a flag and I don't know if I'm doing something wrong.

The thing is that I think there is not much to explain. Today a newbie has opened a thread:



I think it is quite clear. For starters, there are very few people today who make that kind of money playing poker, although there are.

But if you are able to earn approximately $0.25M a year and you open that thread, one of two things; either you are a scammer, which is the most likely, or you manage your finances terribly, so whoever believes you also has a high risk of losing their money.

The flag:

https://bitcointalk.org/index.php?action=trust;flag=3070

There is no obstacle, it is just not my goal, and yet, maybe I will achieve it.

If I had enough money to live on rents without working, I would keep working. Maybe I would do some other kind of work, but if you dream of financial freedom so you don't have to work one of two things is going to happen to you:

1) You're going to end up bad, doing drugs or having a bad live in general.
2) You're going to get bored playing golf and the like and after a while you'll decide to go back to work.

It is as true as there are people who have become rich playing the lottery, which does not mean that it is a good system to earn money. In fact, it is the opposite, a good system to lose it and end up much worse off than when you started.

The best ways to get rich are usually slow and boring, with some exceptions.

For me the biggest problem is not a question of money, the problem is that it is a crime, known as impersonation or equivalent depending on the country in which you reside. That card is in someone else's name and you are using it to use funds that the state does not know you have. If you are caught, you are going to have problems.

It will be hard to get caught though if you do things right, but as with most crimes. You have to be aware of the risks.

Let's say you convert about 900 euros per trade. Apart from being a pain in the ass, transferring 900 euros 111 times to your account in the same fiscal year can set off alarm bells as well. It would set them off automatically if you transfer the $100k in one but the sum of very small amounts passing a threshold, depending on the country, also sets them off.

Well, on an optimistic note I want to say that I know and have known throughout my life people who had complicated heart operations, in some cases several, and came out without sequelae, living many years later and dying at almost 90 years of age, like an uncle of mine, or people I still know. I do not know anyone who has had a heart transplanted, though, which I understand adds a degree of difficulty.

Best wishes to yahoo62278 in this regard.

Another thing is that it is logical and rational, to consider what happens if it goes wrong and leave things prepared in case it does. None of us really like to think about it but it is the best thing to do.

Oh, Ok, but that's not poker.

I mean, it has the word "poker" in the name but that's usually better known as video poker, it's not poker versus other players where you can make a long term profit. In the variants of video poker, long-term losses are inevitable, as they are in roulette. That's what I was talking about in my previous comment:

As you have already been told, it is unlikely that anyone would comment in this thread admitting to holding a Bitcoin or more, as a matter of minimal caution.

On the other hand, the question you raise, seems fallacious to me, as you lump everyone who has a Bitcoin or more in the same bag, when they may have very different perceptions derived from very different personal situations.

If you are a Bitcoin maximalist, and you have only 1 Bitcoin and nothing else, no cash, no gold, no houses or anything else, your net worth is only 1 Bitcoin that you have hard earn, you will see things in a very different way than if you have 1 Bitcoin but you have a paid house and another one that you rent, $1M in retirement funds, $0.5M in blue chip stiocks that pay dividends and some gold.

Well, the crime of embezzlement exists and is punishable in most countries in the world, if not all, because I do not know the casuistry of each country. The penalties imposed are a bit high, I would say.


I'm fine with it, legalizing payment with cryptocurrencies and imposing penalties on those who defraud seems fair to me.

In my particular case, I think it would be quite difficult for me to be forced to sell, but never say never. I have been following a wealth building plan for some time now, and with good income from various sources, an emergency fund for contingencies/emergencies, and investments other than Bitcoin, the likelihood of me being forced to sell is minimal, and I can't imagine what the specific situation would be where I might be forced to sell.

It's already been explained to you, but I'll put it another way: if they spend $7k on advertising it's because they get more than that $7k in deposits from advertising, probably a lot more.

A lot of people criticize the gambling section for spamming, but the huge amounts of money they move are a big part of the success of this forum. We must also take into account that the gambling houses have taken advantage of legal loopholes, although we have a tendency to more and more regulation and more KYC/AML, with which, the future trend I think is going to be at least that the returns obtained by the casinos are going to moderate.

Blackjack.fun? When I participated in the signature campaign, I registered on the site and played blackjack, but I don't remember any poker options at all. If there were, I would have played, and I don't think I missed it.


That's not poker, then, as you can't play EV+.