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5801  Other / Off-topic / Re: Okay... WTF do you actually do with "life changing money" once you have it? on: March 14, 2021, 02:49:49 PM
With money you can only do three things: spend it, save/invest it and give it away. You have concentrated too much on saving, now it's your turn to enjoy it as you have been told. Other than that, I see you too exposed to Bitcoin. Even though I myself believe it is the best asset to invest in at the moment, I would take money out of Bitcoin and buy other assets that give you income, such as dividend paying stocks or ETFs or income-producing real estate.

I don't know how you will have your legal situation because by the looks of it your Bitcoin is undeclared. The first thing you have to do is to legalize it. If you can't in your country go to another one. There are many where they will welcome you with open arms.
5802  Other / Beginners & Help / Re: Advantages and disadvantages of keeping Smerit on: March 14, 2021, 07:28:08 AM
Your post has a problem: although you have taken some time to write, and it is well structured, it seems too much aimed at praising the merit system in order to fish some merit.

As for what you are asking, I will tell you what Bitcointalk says when you are going to send some merit: "There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future."

In my case I don't keep sMerit, on the contrary, I would like to have many more to send, because many times I see posts that I would like to give them merits and at that moment I can't because I don't have any to send.
5803  Economy / Economics / Re: Crypto Art record! 69M for a Beeple on: March 14, 2021, 07:22:54 AM
I'll never understand this NFT craze. How can a file of a picture/collage cost millions of dollars?

I think it has more to do with the massive printing of money than with the value of the good itself. When so much money is printed and money is not circulating, which is what is happening today, a lot of that money ends up in speculative assets at crazy valuations.
5804  Economy / Speculation / Re: First Batch of $1,400 Stimulus Checks Hit Bank Accounts Starting Today on: March 14, 2021, 07:18:18 AM
BTC will go crazy up today
I don't think so.
For starters this is just happening in US not all over the world.
Secondly from all those receiving this money, many don't even know about bitcoin let alone want to invest in it. Those little number of people who do know may not be able to invest in bitcoin since they may need that money already due to bad financial state (eg. catching up on bills, etc.).
And finally bitcoin price has been rising slowly so far rising 1%-3% at a time and I don't see this trend changing that soon even with a "hyped" up news like this.

Yes, I think the effect on Bitcoin prices is generally overestimated. A lot of that money will go into financial assets in general, that's true, including Bitcoin, but it doesn't seem like it's going to have much more influence than the supply<demand equation is already having. This shows how useless the populist stimulus check measure is.
5805  Economy / Speculation / Re: $🐻 The Dollar Bear™ says it’s time to DuPM!!!11 on: March 14, 2021, 06:25:53 AM
I'm surprised this thread doesn't get more replies. Probably because it's self-moderated and people are afraid of getting their post deleted.

I see it's a bit advanced for the time we are in but it points to what will be the future. For something to be considered a proper currency, it has to meet three conditions: to be a store of value, medium of exchange and unit of account. The bitcoin today, meets the first, not so much the second and is far from being the third, but that seems to be the future we'll get to. @nullius has an advanced view in this regard. Most of us who own Bitcoin do not use it as a unit of account, let alone people who do not own Bitcoin, since those of us who do are in the minority. In any case, this way of looking at things I believe will become more widespread in the future as fiat currencies continue to devalue and Bitcoin continues to be increasingly adopted.
5806  Other / Serious discussion / Re: It has been a ride - the bitcoin price infographed on: March 14, 2021, 05:57:37 AM
It is curious how the infographic is completely opposite to that of the purchasing power of fiat currencies. Here we can see one about the (US) dollar:

https://www.visualcapitalist.com/buying-power-us-dollar-century/

5807  Other / Politics & Society / Re: Plain and clear, so you can easily understand the dangers of the vaccine. on: March 14, 2021, 05:42:30 AM
-snip

Summary, please. I'm not going to watch a 25-minute video.

Unfortunately You don't have choice but to be vaccinated. You can't travel to other country unless you are vaccinated. Sooner all the offices will make it mandatory for all the employee to be vaccinated. Government will make it compulsory for all the citizens to get vaccinated in the later stage.

How can you avoid it  Huh

That is the problem, they are not going to make the vaccine mandatory but you will not be able to do anything if you don't get it, so in practice it will be mandatory.

5808  Other / Politics & Society / Re: ... Vitamin-D Rollout following 82% reduction in COVID-19 deaths in Spain on: March 13, 2021, 05:30:50 PM
^^^ The US recommended daily allowance for vitamin D is 600 international units - https://www.cdc.gov/coronavirus/2019-ncov/vaccines/safety/adverse-events.html. This is BS. Standard 5,000 iu caplets isn't enough for most active people. Personally I take around 50,000 a day. Give your body a break. Start checking into it with your nutrition professional.

Cool

That's the important of vitamins which improve your immunity system also. I always wonder would it not been better that just like governments made the mask mandatory while moving in public since the outcome of covid-19, it should have been much better if they would have asked people to take vitamins daily and make it compulsory too.

Yeah, well. That is the position I have defended. That having vitamin D levels of at least 60ng/ml is going to protect you against the virus at least as well as the vaccine. And vitamin D is not an experiment, you can get those levels by sunbathing (depends on where you live). If you add some vitamin C and zinc you further strengthen the immune system. There are a lot of studies on them that I have cited in other posts, published in Pubmed and other medical journals. What happens is that Big Pharma and the doctors paid by it are not interested in this and you are not going to see it on TV.

5809  Other / Beginners & Help / Re: Newbie here - need to understand how it works for my purposes on: March 13, 2021, 02:27:40 PM
This would be better placed in the newbies and help section. You can move your thread, but it will probably get reported to be moved there.

There's always going to be fees but if you want to minimize them, you'd better stay away from ATMs. When you buy something, you'll also pay fees but you can also try to minimize them. I am talking inso far as Bitcoin is concerned. I would also forget about anything apart from it, which we usually call shitcoins.
5810  Economy / Speculation / Re: If Bitcoin will hit $60,000 today, what's next? on: March 13, 2021, 11:46:34 AM
The most normal scenario is that it will continue to rise. I don't expect any major correction (40% or more) until we cross $100k. Demand clearly outstrips supply, and that can only drive the price higher.
5811  Bitcoin / Bitcoin Discussion / Re: Invested in alt in 2017 ..and now need help to dont do same mistake on: March 13, 2021, 11:46:06 AM
The way you write doesn't sound like a guy who has almost half a million dollars to invest. Unless you inherited them or hit the lottery.

I go 100% Bitcoin. Anything else is shitcoins. The best thing you can do is buy Bitcoin and hold. Don't touch it for at least 4 years. But it's your decision.
5812  Economy / Speculation / Re: Bitcoin all time high on: March 13, 2021, 11:43:28 AM
Almost 60k on Bitstamp now ($59,750).

The truth is that these are delicious times, after a few years of waiting, beating ATH after ATH is comforting. And it looks like it's going to stay that way. It is normal that we will pass $100k this year, and some predictions point to much more.
5813  Other / Politics & Society / Re: ... Vitamin-D Rollout following 82% reduction in COVID-19 deaths in Spain on: March 13, 2021, 08:14:52 AM
-snip

Yeah, well. There is one thing we agree on, the current guidelines for how much vitamin D to take are very low, if everyone would take higher doses (or sunbathe more) they would get multiple benefits, including a strong immune system, etc.

But don't just give me a link from a search because I can give you a bunch of links that don't say that. A GP may not be the best person to give nutrition advice but this is not just about nutrition, vitamin D is not a food, it is actually a prohormone. And again I tell you that taking high doses, over 20k regularly is best supervised by a doctor especially to monitor vitamin D levels and blood calcium.

5814  Other / Politics & Society / Re: Believing in impossible things – and COVID19 on: March 13, 2021, 08:06:32 AM
There is a $250,000+ reward for anyone who can isolate the covid virus for testing and vaccine development purposes. So far nobody has claimed it. This means that all of the testing is done on a mix of virus and RNA elements, and not on the virus itself. Mother Nature (or God if you prefer) is the only one that has thousands of years of experience, and works on protecting us from these evolving viral threats. Her herd immunity works, because the hers is still here and expanding.

Can you back up what you say with links? Here you have some:

Fact check: The virus that causes COVID-19 has been isolated, and is the basis for the vaccines currently in development

SARS-CoV-2, the virus that causes COVID-19, was isolated in the laboratory and is available for research by the scientific and medical community.

Isolation and characterization of SARS-CoV-2 from the first US COVID-19 patient
5815  Economy / Gambling discussion / Re: Charity for Gamblers on: March 13, 2021, 07:54:29 AM
Myself got lucky several times, but I wasn't able to keep up the winning with proper exit strategy.

I would open a charity for you and all like-minded people to understand the concept of Expected Value.

Another thing, if I've kept all the earnings without gambling now I could've been debt free.

No, you couldn't. You could have less debt if you haven't gambled at all, but no, this story you are telling yourself is based on the fact that you do not understand the concept of Expected Value or Mathematical Expectation. I don't know if it's worth explaining it to you because I've tried it with other people and it goes in one ear and out the other. If I see interest I will explain it.
5816  Economy / Economics / Re: Crypto Art record! 69M for a Beeple on: March 13, 2021, 06:52:35 AM
This is another effect of massive money printing by central banks. The money that is printed does little to move the day-to-day economy. Little cash flows, and most of it ends up in speculative assets. Some of these assets make more sense, such as shares of solid companies, or Bitcoin, which is proving to be the best store of value in the world, but these types of assets are very much pure speculation.

5817  Other / Politics & Society / Re: ... Vitamin-D Rollout following 82% reduction in COVID-19 deaths in Spain on: March 13, 2021, 06:43:13 AM
I didn't say doctor. I said nutrition professional, right?...

I didn't say you said doctor. I am saying that if you are taking those amounts you should be supervised by a doctor.


Many nutritional professionals suggest that probably even higher mega-doses of V-D than I take are basically harmless.

Ok. Links please. I've been reading a lot about vitamin D for years, I even take about 20k daily (average) but I haven't heard about those many nutritional professionals saying that amounts higher than 50k are harmless.
5818  Economy / Gambling discussion / Re: Play fewer hands to earn more strategy - Poker on: March 12, 2021, 06:06:49 PM
...
If you follow this strategy, you would play very little hands, which may get a bit boring. However, the strategy can be extended to play more hands to the "top 15"
...

You will only get bored if you play poker live. If you play online, what people do is to multi-table, so you often get playable hands, both because you are playing at various tables and also because the speed is much faster than in a land-based casino. If you play zoom or snap tables it's even faster.

But yeah, that is the basic strategy that everyone who starts out and wants to learn how to make money with poker (or at least not lose) should internalize: play few hands. And I would add: play them aggressively.

Then as you move up in levels things change a bit, and although you keep selecting hands, you open up the range a bit, but that's another story.
5819  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: March 12, 2021, 03:44:07 PM
Covid-19: European countries suspend use of Oxford-AstraZeneca vaccine after reports of blood clots

That the vaccine causes blood cloths is not proven and is being investigated but to me this shows that there was a bit of a rush. If the usual approval timelines had been followed, these doubts would have appeared in the pre-approval phase. Besides, it seems that the vaccine of this brand is the one with the most side effects.
5820  Other / Politics & Society / Re: ... Vitamin-D Rollout following 82% reduction in COVID-19 deaths in Spain on: March 12, 2021, 03:40:45 PM
Personally I take around 50,000 a day. Give your body a break. Start checking into it with your nutrition professional.

Cool

That what you just said is bordering on trolling. No doctor who is most favorable to the use of megadoses of vitamin D is going to tell you to take that amount just like that. If you go over 20k a day it's best to get blood work done and at 50k you have to be supervised by a doctor. I don't know which nutritionist you go to but those mega amounts are only used to treat certain diseases, as for example Dr. Coimbra does with autoimmune diseases.

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