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6561  Economy / Economics / Re: You want to become a millionaire,here is the secret formula on: August 12, 2020, 04:18:50 PM

Sell 1 million products at $1 a piece
Sell 100000 products at  $10 a piece
Sell 10000 products at $100 a piece
Sell 1000 products at $1000 a piece
Sell 100 products at $10000 a piece
Sell 10 products at $100000 a piece
Sell 1 product at $1000000 a piece

Simple and easy  Grin

Can you guess why it is so hard to make your first million ?

Really?

I take it you are trying to be funny but your clearly show you have no idea of what a millionaire is.

If you sell products for $1 million, your income will be one million but that doesn't imply you will be a millionaire.

Millionaire refers to net worth, not to income.

Also, from your income you will have to substract taxes, pay your providers, your employees...
6562  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin so unstable? on: August 12, 2020, 04:09:02 PM
Because Bitcoin was created in 2008 whereas gold has been a store of value for thousands of years.
6563  Bitcoin / Bitcoin Discussion / Re: Bitcoin lands #27 as top assets by marketcap (Stocks, ETF and Crypto) on: August 12, 2020, 02:29:13 PM
Though a really interesting statistic, it doesn't really make sense to compare bitcoin to companies and businesses. Probably a better statistic would be comparing bitcoin to the value of other currencies and hedging assets.

Well, the point is that most people buy it nowadays as an asset. A high volatile one. Not to be used as a currency. So, I think the comparison is OK.
6564  Economy / Speculation / Re: I start to give out btc free trading price predictions on: August 12, 2020, 12:23:38 PM
I've just looked through your posts and tagged you as a scammer. You have the honour to be my first one.

I bet you are offering your predictions to ask for money later on.
6565  Economy / Speculation / Re: I start to give out btc free trading price predictions on: August 12, 2020, 12:16:32 PM
You must be a troll. Do you really think anyone is going to take you seriously?

Why should we follow your recommendations?
6566  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: August 12, 2020, 07:40:53 AM
This is so bullish. A new era for Bitcoin in the path of a recognition as a superior Store Of Value.
Maybe.  It would be far more bullish had the company been Microsoft or Amazon.  And I'm not sure how big a story this is overall.  You and I certainly find it to be incredible, but that doesn't mean the market is going to react to it at all.  We'll see.

There always has to be someone to open the path. Like the first guy who bught pizza with bitcoin.

Now, if a company is thinking of trading fiat for bitcoin to have as a reserve of value, it's not going to be the first. Let's hope MicroStrategy is the first of many.
6567  Bitcoin / Bitcoin Discussion / Re: Is there a Fake Bitcoin? on: August 12, 2020, 07:07:16 AM
Yes.

It's called Bitcoin Cash.

Smiley

Another one is Bitcoin Satoshi Vision.
6568  Other / Off-topic / Re: John McAfee "arrested" in Norway after wearing thong as face mask? on: August 12, 2020, 04:45:37 AM
This guy is eager to always be in the news.

But there has come a time when I don't think he realize how ridiculous he is making himself. When he made that famous prediction, a lot of people believed him. But since he admitted that the prediction was to lure more newbies to buy, he has lost all credibility.

I don't know why he is trying to be funny with this. Probably the real reason is he wants to be in the news, even if ridiculed.
6569  Bitcoin / Bitcoin Discussion / Re: Profitable days of holding bitcoin percentage (98.5%) on: August 11, 2020, 07:20:16 AM
Position in bitcoin should have reduced for most hodlers except the crazy maximalists. Its time to make more bitcoin buying into altcoin from big volume and determine the exit price. The decline in the dominance of bitcoin is an indication of the rise of fund flowing into altcoins. We might also share the profit taking coin in ethereum, bitcoin and USDT in few months from now

What?

Keep all those shitcoins for yourself.
6570  Economy / Gambling discussion / Re: Slots are better than Dice. on: August 11, 2020, 07:11:27 AM
I think that slots are way better than dice because of their payout structure. Lets say you are hunting 99x in dice, in this hunt you will not get paid if you hit 98x. But in slots things are different and you will get paid for every hit though you are aiming for jackpot.
I know that most of the slots pay like 80-92% of what goes into slots but still if you compare it with dice (specially hit and run method) it is more profitable in long run (although in long run you will eventually loose in both games because of house edge)
I want you to ponder upon this and please tell me how much I am right in this line of reasoning.  

LOL

Profitable, PROFITABLE, PROFITABLE.

17 pages.

I think this thread should have been locked a long time ago.

No, neither of them are profitable. You can say you are expected to lose less money with one of them over the long term.

6571  Other / Meta / Re: Best place to start in Bitcointalk forum? on: August 10, 2020, 02:01:47 PM
Thank you for quick answer.
I will read the rules first.

Do I have some limitations for posting and writing?

Yes, they were originally listed here and then they were enhanced here.

You only needed to use google to find out btw.
6572  Economy / Economics / Re: Btc and gold can now be called "safe" on: August 10, 2020, 08:36:11 AM
Although I agree with most of the analysis you make, I'm not sure that most people will buy bitcoin to protect themselves from fiat devaluation.

I wish that was the case, and if we look at what has happened recently, it seems that way, but if we look at what happened at the beginning of the pandemic, it was not like that at all.

People sold assets to get liquidity, and everything went down, including gold and bitcoin. Now we are in a calmer situation but at any time people can start selling to get liquidity.

After all, for most people, bitcoin is an asset, not a currency. (Not for most people on the forum.)
6573  Other / Politics & Society / Re: Fauci says the vaccine will only be about 50% effective. on: August 10, 2020, 05:07:19 AM
No, I'm not going to voluntarily get the vaccine, no matter what the supposed percentage is, it's another thing to be legally forced.

Considering that most doctors don't get the flu vaccine: "Prof Heneghan, who is also an out-of-hours GP, told BBC Scotland there was little good evidence on the benefits of giving the vaccination to healthy individuals in the NHS." I don't think the Covid-19 one is going to be different.

Spanish flu and other pandemics were eradicated due to group immunity and the natural genetic mutation of the virus. I believe the vaccine can do more harm than good, especially because there are economic interests behind it.
6574  Other / Off-topic / Re: Anyone here on TRT? (Or thinking about it.) on: August 10, 2020, 04:52:26 AM

Hi mate, thanks for you reply but I was more interested in knowing opinions from forum members rather than you just pasting a link with information that I already know.
6575  Other / Meta / Re: Is this considered an off topic or low quality post? on: August 10, 2020, 04:42:22 AM
Whithout knowing the rules 100%, it seems to me a little bit tough to delete that reply.
6576  Other / Beginners & Help / Re: Boosting Morale for newbies. Giving newbie a merit. on: August 09, 2020, 04:13:40 PM
LOL

A post trying to motivate newbies to post on this section and to post on this thread but all the replies are from higher-ranked members so far.
6577  Economy / Economics / Re: Wealth distribution, and tragedy of the commons. on: August 09, 2020, 12:30:47 PM
The the fairest distribution of wealth is just: let people earn it. With few exceptions.

Communist countries, where their rulers came to power with a discourse against the rich, are also unequal. There are very few rich people, those in power, and then there's the rest of the population going hungry. Castro, Maduro, Kim Jong-un are all multi-millionaires and I never hear a discourse against inequality in their countries. There seems to be only inequality in developed countries.
6578  Other / Off-topic / Anyone here on TRT? (Or thinking about it.) on: August 09, 2020, 05:49:55 AM
I’ve been recently thinking of getting Testosterone Replacement Therapy and, although I finally decided not to, I don't rule it out for the future.
TRT was thought to treat hypogonadism and it symptoms: low libido, erectile dysfunction, depressed mood, decreased libido, decreased muscle mass and strength.

Normal testosterone level range from 250 to about 1,000 (total testosterone), so, it was thought for those people that produced less than 250 ng/dl, or those who were near that mark (although not below it) and showed hypogonadism symptoms.

But in the recent years, TRT has started being used not for those who have low levels, but for those who have normal levels and want to have higher, optimal levels. These treatments are carried out in private clinics, as no docs in the public sector want to prescribe testosterone just because you want to feel better.

So, a middle-aged man having around 400 ng/dl test levels wouldn’t be considered a candidate for TRT in the past. However, nowadays he can get TRT to improve his test level to 900-1,000 ng/dl.

Pros of getting TRT therapy: better energy, higher sex drive, improved sleep, increased muscle and decrease in body fat (even if you don’t exercise). In summary, feeling like if you were in your twenties.

In general, most people don’t have side effects from TRT but some of the cons are:

-Once you start on TRT, your body stops its natural production of testosterone, so you will need to be on TRT for the rest of your life. As a result, your body also decreases its natural sperm production and your testicles may shrink.

-For some users, it may accelerate baldness. It may create gynecomastia, so some users may need to take other medicines to prevent/cure it.
However, compared to heavy steroid users (usually bodybuilders) these side effects are mild or don’t even exist. This is because bodybuilders take doses that make test levels go way above what are the normal natural ones, whereas people on TRT get their test raised to the higher end of natural levels.

Some famous people are known to be on TRT, like Robbie Williams, Bruce Willis of Jeff Bezos. If you see a Hollywood actor on his fifties with well defined abs (although not big), that guy is probably on TRT.

So, as I’ve said, I’ve been thinking about it recently but I’ve discard it for the moment because getting on TRT is a decision for life, and I don’t feel that bad. But can you imagine being 55 (or 60) and having the energy, sex drive, stamina etc., of a 20-year-old?

I’d like to know what you think about it and I’m especially interested if you are already on TRT.
6579  Economy / Economics / Re: Australia will join money printers soon Good for btc on: August 09, 2020, 04:13:41 AM
The title of the post makes no sense. Australia is already printing money: https://debtclock.com.au/

I guess what OP is trying to say is that Australia is going to print way more money due to the pandemic but they are already in the creating money out of thin air game.

Apart from that, his statement is not backed by sources, as @Yoguee said.
6580  Economy / Gambling discussion / Re: What makes a good bettor? on: August 08, 2020, 05:06:23 PM
Apart from what has been said here, I think bankroll management is crucial. It is impossible to have long-term profits if you don't manage your bankroll well, no matter how well you bet.
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