Bitcoin Forum
May 04, 2024, 06:15:04 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 ... 842 »
1081  Economy / Gambling discussion / Re: Big capital, small risk or small capital big risk - which is best approach? on: September 15, 2023, 11:34:04 PM
The old saying goes "it takes money to make money" and I think that applies quite a bit in the world of gambling.  It's pretty hard to try and win some serious money when you don't have much money to "invest".  Of course you could play it safe, bet small and somewhat conservatively and try to slow build your way up, to where you can win some actual money, but that's certainly not easy.

I think this is a variation of the proverb “money makes money”, although when we apply this proverb to gambling it hardly works. If we won serious money, then we risked serious money, right? But I don’t think that a person who constantly risks serious money will keep it. If I had them, I would have found more reliable ways to use them.

Huge businesses risk huge money serious money all the time, and they never lose that much because they play with the risks accordingly. The thing is, gambling or not, they play with the odds cleverly and use whatever resources it is at their disposal to be at an advantageous position. The only time you can do this in gambling is in sports betting and other games that require skill such as poker, blackjack, and other card games.
1082  Economy / Gambling discussion / Re: How will you feel if it happens to you just like this? on: September 15, 2023, 10:57:54 PM
People like those (me) who don't gamble for fun have this question to answer: how will you feel when you don't have money to stake a game that you predicted and better winning games you predicted played the way you predicted it and when you checked the winning was something that could have changed your life for ever if you didn't gambled again after such winning?

This question can be very tough to answer, but believe me, many people won't stop thinking of that if it happened to them, so I want to know your opinion about how you would feel if it happened to you.

If it happens to me, I can't stop thinking of it, but definitely one day I will stop thinking about it and see it as history or not yet, my time for big wins just like how it happened to me when I lost a bet that would have given me long-term smiles.
This is called gambling. You shouldn't regret for missed opportunities when it comes to gambling. Imagine the opposite. The things that you predicted and the exact opposite happens. Wouldn't you feel relived? Wouldn't you be grateful that you didn't place the bet? And you can't regret like this. It's like placing a small bet in dice and then rolling over 99.98 and then you are thinking why didn't I place a larger bet with a higher payout option. Gambling is all about risking. You place the bet, you win or you lose. It's no use of imagining "what if this or that".

True. You are playing with chances. Plus, you accepted the risk the moment you placed your bet and started the game. No matter the outcome of that roll is already decided; you have no option whatsoever to choose what the outcome is but you always have the chance to play with the odds and align it to the outcome you desire. Accepting that you lose is way easier than having that regrets nor that thinking that you should have pressed X instead of Y.
1083  Local / Pilipinas / Re: Self proclaimed crypto king ng pinas huli ng CIDG. on: September 15, 2023, 03:20:42 PM
Well simple lang naman kasi ang sagot, gipit ang mga tao sa ating bansa kaya kung ang usapan ay pera at madali kang kikita marami talaga ang kakagat dyan. Lalo na nga at alam ng mga scammer na ito na pag nag flex sila ng wealth nila kuno tulad ng mga luxury items, sasakyan at bahay daw nila ay makakauha talaga sila ng atensyon, lalo na sa mga matatanda na hindi daw maalam sa mga scam na ganito at gusto lang naman magkapera. Ang mahirap din kasi dito ay kahit anong comment mo na scam yun ay walang makikinig sayo unless public personality ka rin. Mahirap yung ganyan na usaping pera kasi mabilis masilaw ang mga tao dito lalo na nagtaasan ang presyo ng bilihin satin.
1084  Bitcoin / Bitcoin Discussion / Re: BITCOIN: Give people time! on: September 15, 2023, 02:55:38 PM
2. The amount of energy and time you expend preaching to someone about bitcoin is not a warranty that he will accept what you're offering. Maybe not immediately!
I tried to talk to my dad about bitcoin, but he didn't really listen. instead, he called me dumb for sending money online to someone. he thought i was telling him to invest because i saw it on youTube.
so, he didn't listen to me and didn't invested in Bitcoin.

from this, I have learned that do not try to tell people to invest in things because if they lose money, they might blame you. so, it's better not to give investment advice.
I agree, you really shouldn't. It's a bad idea to push people and insist on where and how they should be spending their hard-earned money. If you do that and things go wrong you will surely get all the blame. Instead, you can just present the idea of Bitcoin casually in a conversation by sharing your experience, you don't have to preach or suggest anything to them, once you share the positives they'll be the ones who will decide if they will be curious about it and ask more (possibly conduct their own research about it). You don't have to take the responsibility of introducing Bitcoin to them and teaching them how the system works, just be there when they reach out to you and ask questions.
1085  Bitcoin / Bitcoin Discussion / Re: Common Bitcoin ideas on: September 15, 2023, 02:26:52 PM
Of what I could understand I discovered that over 50% of them understood Bitcoin as a get Rich quick scheme which was why most of them thought of it as a scam because they had been scammed through their false idea of Bitcoin as a get Rich quick scheme.
I believe we can see people like that in any country that thinks Bitcoin as a get-rich-quick scheme. So, since we have correct understanding of Bitcoin, we should not allow them to persist in their negative beliefs. We must fix their misconceptions about Bitcoin so that they refrain from spreading false information about it. If you want Bitcoin to be used in every country around the world, you must be accountable for teaching people about Bitcoin, especially those who share bogus news about Bitcoin.
I agree with you. I will surely correct any misinformation I see, especially from anyone I know, about their false view and perspective on Bitcoin. However, will I spend so much time looking around the internet to find posts and discussions that have false information about Bitcoin? No, of course not. Who would? We can honestly only do as much as seeing just how negatively a big part of media is contributing to the false image and information surrounding Bitcoin it will be hard to fix that. The only productive thing we can actually do is spread true and positive information and experiences about Bitcoin without having a specific target, just post randomly or share it during discussions that you have with your family and friends, I'm sure at least one of them will share those information you give to someone else and from that it will reach a bigger audience.
1086  Economy / Economics / Re: Economics is not fulfilling its true potential as a science on: September 15, 2023, 01:41:23 PM
First, not all economists have the same ideas and theories that they all simultaneously follow, you'll be surprised at how much these people clash with their ideas and have such lengthy arguments about it (I remember watching two economists being interviewed and they just started a debate out of nowhere that lasts for more than an hour, it was crazy). Moreover, laying out ideas, knowledge, plans, and theories is different from implementing them, believe me when I say that implementation is the hardest part of any project or action, I'm sure a lot of people will agree on that. Besides economist are just mostly sharing their knowledge and professional take on things because that is what they studied, the implementation is not up to them at all.
1087  Economy / Economics / Re: Save your environmental economic cycle on: September 15, 2023, 12:53:24 PM
You have a point, the only thing is I don't normally buy things in my country, because they are too costly, imagine seeing something on Amazon for 10$ and in your country it's 3x of the price, that is way too much, some people are using the advantage that many can't buy from outside country to sell goods in their own country, if they are been mercy with their own citizens they will have more customers.

The problem with such people is they want to make a bigger amount of money from a single product, I remember buying an RTX 3070 ti graphic cards for 1000$ in my country while its 700$ online, it's just ridiculous, now I don't want to buy anything within the country except food items. 

I understand what OP is trying to say, but I do wish there is a way I can pass a message to sellers in my country too, if the profits they plan to make from an item is twice as the item itself then they will lose customers.
I also experienced the same thing, buying something from a local seller only to find the same products being sold by an international seller for a cheaper price (and we're not talking about 10-20$ less, we're talking half the price) and ever since then I first look at international sellers before local ones especially when I already have an idea of how expensive that product can be. As much as I want to help local sellers there are just some instances when the price different is ridiculous and I am not a millionaire who can't just turn a blind eye to that. I'm sure a lot of people understands and relates to that, I wanna help but I firstly need to consider my own financial situation.
1088  Economy / Economics / Re: I tired of Banks my experince with nyc high value Property on: September 15, 2023, 11:56:49 AM
Much like what the others have already stated, banks are also businesses that seek to make a profit but also retain their clients. The 40% downpayment is probably due to a bad/low credit score that you have, or you probably just have a default one. If you cannot afford to give the 40% downpayment (which, if I am in your shoes I also wouldn't agree to it) you can try for a different property wherein they can offer you a lower downpayment. Or you can always try for a different bank because there are cases where other banks offer a different contract that might suit your financial conditions. Either way, they will always ask for a downpayment as collateral. It's been like that for so long so I'm not really surprised that they are doing so.
1089  Economy / Economics / Re: Stable coin or having USD in bank on: September 15, 2023, 11:16:05 AM
✂✂✂✂

Anyway, when I need to convert my Bitcoin, I think it is better to convert it to dollars or my national currency (Rupiah). I can't use Bitcoin for any transactions in my country, that's why I need to convert it. I think convert it to stable coins won't be a good idea. Stable coins can drop its price, it is not totally stable in price. Even you know that the price can free fall if there is something wrong with the coin in the future.



Indeed, stablecoins are not as safe as many people think, they are no different from altcoins on the market, they can decrease in price and lose their pegs at any time. Stablecoins are just an intermediary when we convert bitcoin to fiat currency and vice versa, and I've never held too many of them.
If I had to choose, I would still choose USD over stablecoins, because they have never been fundamentally safer than USD. Stablecoin of the Terra ecosystem has taught us a lesson and let us not forget that lesson.
If we are talking about stability I 100% agree with you. I will surely just convert my Bitcoin to USD or my local currency, than convert it to stablecoins. It is better and safer to have it like that especially since it's still hard to find merchants that accept Bitcoin for transactions here in my area. Besides, I'm sure some, if not most, of us are already aware that stablecoins are not really "stable". For those who are confused about this or unaware of what this means you can check this article by Bary Rahma: https://beincrypto.com/stablecoins-not-stable-growing-threat/#:~:text=Stablecoins%2C%20digital%20assets%20designed%20to,stability%20of%20these%20digital%20assets.
1090  Economy / Economics / Re: Human Capital, An Intangible Asset for a Company's success. on: September 15, 2023, 10:49:18 AM
Human capital is no doubt a valuable asset to an organization and when it’s recognized and utilized in an organization, the organization would definitely grow.
Organizations today recognize the great benefits human capital can bring to the organization and that’s why they have the HR Department to help the organization cash in.

A happy and satisfied employee would be extremely loyal, motivated and would go all out to ensure the success of the organization.
I agree with you. When a company or organization shows much value to human capital they will be able to form a better relationship with their employee which obviously results in a better performance from them. As much as it is a great thing for employees, it mostly has a direct impact on the company as the effects of such gives the company good results. Moreover, companies that value their employee and acknowledge human capital creates a good image for the company especially for investors, consumers, and future employee as it shows just how humane and humble a company is, as well as how they value their team.
1091  Economy / Economics / Re: Food Crisis - Improved, Worsen or still the same in your country (No Change)? on: September 15, 2023, 10:15:16 AM
Since food is the most crucial and expensive good in my country right now, and since nothing has changed over the course of this year, it is only now that you will realise how vital agriculture is to humankind. Many people report seeing a variety of unexplainable things. Since the price of fuel has gone up, everything has gone up as well, but food is the worst because you can no longer afford even a tiny bit of food, which is affecting many consumers because some people don't have jobs and struggle every day to feed themselves; now that the price has gone up, how can they survive?

The only thing I can advise someone in a country where the economy is hard is to go and learn anything concerning agriculture to feed because these days it really is hard. Farmers are the people who enjoy food now because they always sell their agriculture products to improve their lives and keep some agriculture stuff in their home to eat on because they always know that the government is not to be trusted and that is why they don't rely on government.
Although I agree with some of your points, I wouldn't really go as far as saying that farmers are the ones having many benefits with the conditions of food supply and price hikes at all. At least in my country, farmers are having such a difficult time as they are having less and less financial resources to buy their tools and essentials to plant and farm more. Essentially, like us, they are also facing the hike of prices with their needs for their work and thus it affects the supply of the food they produce that causes a price hike on their goods which then results in less and less sales. Aside from having fewer sales they also have to think about the danger of their products rotting and spoiling which will be another loss for them.
1092  Economy / Gambling discussion / Re: [Boxing]: Stevenson vs De Los Santos - Nov 16 on: September 14, 2023, 11:59:21 PM
I'm still for Stevenson on this bout. He's still ahead against other guys on this division and De Los Santos isn't even close to the closest second when it comes to speed and power. Stevenson might not make quick work of the challenger, but he's still going to come out on top in terms of scores and knock downs if it ever goes the distance.

A bet on a knockout will be the most value here. ML is just straight up favoring Stevenson no matter where you will look once the odds are up.
1093  Economy / Gambling discussion / Re: Ask about prediction on: September 14, 2023, 11:48:42 PM
I've seen a couple of threads about football bets and all that, and while they don't get as much traction as one would expect, they aren't banned per se.

So if you're looking to actually setup your own thread to share gambling insights and betting predictions, you could do that, just make sure you're setting everyone's expectations and are not clickbaiting people, that's going to get your thread deleted and may even cause banning. Although don't expect people from really relying on you for gambling predictions since most of the established gamblers here has got their own groove and are not keen on relying from other people for these types of stuff. I say that's a good thing cause it stops you from putting the blame on other people.

Those megathreads with football transfers and all that stuff, they all share predictions sometimes if it comes to it and no one gets banned. It's not really banned here, and everyone is actually welcome to do so as we are in a gambling discussion sub-forum. Sharing betsi is actually one of the reasons why people flock here as they are using these bets and compare what they came up with then discuss why they have that option as a bet.
1094  Economy / Gambling discussion / Re: Some of country can offer you legal gambling in 2023! on: September 14, 2023, 11:16:33 PM
These countries have relatively higher GDP than the rest of the world, and they have an established credit system that checks these users whether they're in too deep or not. They have the means to stop these guys from carelessly spending their money compared to the rest of the world. Plus, the gambling industry in these countries are also raking in lots of money yearly, so there isn't any way these countries would stop such operations.

What do you feel from this that gambling is less ethical?

'Ethical' on gambling varies differently on where you're at, so it's a question that I don't think will have a single solid answer.
1095  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: September 14, 2023, 10:54:28 PM
I guess there isnt much to bet on until the next TI but I guess Im putting in some money for tomorrow



TSM seems to have improved so Im betting on them to win against BC although I would say BC is abit better but its a bo3 game so perhaps TSM could pull a 2-1 win somehow. Obviously the other bet would be GG -1.5, self explanatory obviously its GG so there is no way that anyone would doubt that team

TSM still plays poorly in my eyes, and they have a lot of catching up to do even with BC. But it's a good bet with good odds, so betting on TSM to win or +1.5 is somewhat valuable and with reason as well. As for GG, well -1.5 is obviously the play against the newly reorganized Secret. Armel is getting kind of comfortable with the team, but it's GG so there's a very little chance that they manage to succeed against the said team.
1096  Local / Pilipinas / Re: malisyosong links umatake namaman at nkapagnakaw ng ilang libong dolyar on: September 14, 2023, 02:22:08 PM
Alam naman natin na hindi na bago ang mga ganito, kelan kaya tayo matututo at magtatanda? Napaka simple lang naman kasi ng solusyon at yung ay magkaroon o gamitin ang commonsense natin. Isipin kung satingin mo tama bang mag visit ng isang random link na nakita mo lang na nakakalat sa social media o sinend sayo ng walang context knowing  na may iniingatan ka tulad ng pera mo. Sa totoo lang kasi kabayan kahit ano pang security measures ang iapply naten sa sarili natin kung magiging careless ka rin naman sa mga actions mo online (like pagvivisit ng mga random website and links) wala ring patutunguhan ito.
1097  Bitcoin / Bitcoin Discussion / Re: Bitcoin in your country. on: September 14, 2023, 01:45:12 PM
Well in the Philippines, government doesn't really have any restrictions about Bitcoin since there's a lot more of issues that they need to solve first than Bitcoin. Since Bitcoins is not that popular to the people here especially the adults one which they are not involved in crypto thinking its a fraud or a scam. Mostly the people who's involved are the new generation one due to they are influenced by the media and in the internet. Last time I've heard government concerning about crypto is about NFT game axie where they are trying to put taxes but they cannot since it's decentralized.
I was just about to reply with the same information. It's true that the Philippine government is far too occupied to give any attention to Bitcoin with the unlimited issues the country is facing (God knows when it will all take a break). The last time the government gave attention to anything concerning crypto was indeed about the NFT game Axie (at least from what I remember), or is it the rumors surrounding the Maharlika Funds being a source for Bitcoin investment (?), anyway to put it simply the PH government isn't showing much interest on Bitcoin (at least as of now) to make any formal legal actions towards it (whether on legalizing it or banning it in total) and honestly I'd like to keep it that way, it will be harder for us and any Bitcoin users if the government stick their noses here.
1098  Bitcoin / Bitcoin Discussion / Re: Bitcoin kwoledge is not complete without bitcoin investment on: September 14, 2023, 06:55:45 AM
I am certainly not going to repeat what the others have already said because that will just be wasting time now at this point. OP can read through all of them and take each advice with a grain of salt, based on OP's post he's a well-informed individual who can make decisions on their own. What I am going to repeat however is how foolish it is to post your transactions online. Please take the image down, you shouldn't be sharing it publicly, you can have other proofs that you have made transactions without posting any photos that can threaten your privacy (you don't even need to convince anyone about that, no one will care if you have proofs or not in cases like this).
1099  Economy / Economics / Re: Tim Gurner wants Unemployment to increase. Employers have lost their power. on: September 14, 2023, 06:34:05 AM
Although Tim Gurner has a point that there are cases when employees are demanding too much and are taking so much authority from their employers, this is just a ridiculous outlook, especially from a developing country's perspective. Unemployment is one of the biggest problems developing countries are facing and it contributes to a lot more pressing matters that we face. Moreover, it will be close to impossible (especially right now) to take control of the rising quantity of work-from-home employees as it has flooded the industry when COVID-19 hits. If he wants to take back the power he feels like employers are losing to their employees I'm sure there are other ways to do so than engrave fear of unemployment to others. This honestly just feels like an idea from a privilege individual (which I don't doubt that he is).
1100  Economy / Economics / Re: Was just watching the big short. Why do the times suddenly feel similar? on: September 14, 2023, 05:44:40 AM
Market crashes can happen, especially now that there are a lot of things that are happening in the world, most especially in the field of international politics. And I do understand your worries as I have also given up some things due to the shifts in the market and my move to adapt to it (by sacrificing some things in order to ensure that I will financially survive). However, right now what we can do is to ensure that we have sources of income to depend on when things change and always be informed of what is happening (economically, socially, and politically) so we can be prepared to take an action and make decisions.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 ... 842 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!