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May 11, 2024, 04:33:00 PM *
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321  Economy / Economics / Re: The 150 year old maths and logic theory on the best period to make money: on: January 26, 2024, 06:12:17 AM
Well, the old saying is actually being proven here, "What goes UP, must go DOWN." The stock markets work on the principle that you buy something at a low price and then sell at a high price and then you wait for this cycle to repeat and you repeat this strategy.

This cycle might be based on weather patterns (El Nino) or even trend cycles or it is just being manipulated. If this long-term graph is legit, then manipulation might be a factor.

Thank you for this article, it might become one of my long term strategies. 😁👌
322  Economy / Gambling discussion / Re: Have you been able to win a game given to you in the dream? on: January 26, 2024, 05:47:02 AM
Dreams are not something that predict the future, but merely a process where your brain will take something that you experienced and then try to interpret and analyse it to be able to sort it or even wipe it from your memory.

Do this experiment, play the game "Tetris" for a couple of hours and you are almost certain to dream about it, because your brain are still processing it in your sleep. 😁😁

Our sub-conscious mind will make connections in our brain, even when you are sleeping and dreaming is just one of those things. (Human CPU)
323  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team on: January 26, 2024, 05:34:15 AM
One of my friends asked me a question the other day.... "Did you notice that popular streamer's highroller bets are not shown under the highroller tab."

I actually waited until one of them were "live" and I monitored it under the highrollers bets and noticed the same thing. (Even if it is shown as a hidden player, it should still show the high losing and winning bets)

Is there a reason for this?  
324  Bitcoin / Bitcoin Discussion / Re: To any Bitcoin holder who lost their seed: How did you lose it? on: January 26, 2024, 05:25:55 AM
I created several Bitcoin paper wallets for friends and family members and then deposited a small amount of Bitcoin to it for their birthdays.

My mistake was not to make backup copies of this for them, because 3 of them lost it and I was unable to recover those coins. (It was when the price was around $1000 per coin)

Now I print several copies and I laminate it.
325  Bitcoin / Bitcoin Technical Support / Re: Phishing, scam, etc...I'm a noobe. on: January 25, 2024, 06:26:43 AM
Yea, the calculation of the fees has always been an issue for beginners. A few years ago, I was in a hurry to send BTC as payment and I just chose the maximum fee, without calculating the cost. (Electrum) ... so I ended up paying more than $1000 to send something like 1 bitcoin. (Miners were very happy to gobble that up in minutes)

You sometimes have to bump your toe to learn hard lessons, but I think your $60 was way cheaper than my $1000 fee.  Roll Eyes
326  Economy / Gambling discussion / Re: Your Roller Coaster feeling When You Gambling on: January 25, 2024, 05:59:02 AM
An hour before going to a casino?
I feel exited and filled with hope for a big win

After logging in and pulling out the games you are about to play?
Excited but uncertain if my choice of game picks was correct.

While playing?
It depends on the result, if it is paying, I feel relaxed.. but hitting a losing streak will kill the vibe.

After you experience successive losses?
Frustration and also some need to throw things.

After you won successively?
I feel relief but still unsatified, because most wins does not cover the total losses.


After you log out whether you win or lose?
It feels a bit "empty"... the up and down emotions tend to drain your energy.

327  Economy / Economics / Re: How will the BRICS currency influence Bitcoin? on: January 25, 2024, 05:45:48 AM
Whatever they (BRICS) do, remember that it is the people who use Bitcoin, not the government. Until now we have seen big countries using Bitcoin as their opponent, but Bitcoin is still strong and there are still many people who use Bitcoin as a tool for transactions and trading.
As far as I know, all the countries that joined BRICS already have their own CBDC, but what happens is that people are not interested in it and prefer to use Bitcoin or other crypto assets rather than using the CBDC that the government issues.
bitcoin will remain strong, even if BRICS does not adopt it, they are afraid to fight bitcoin strongly and suppress, against bitocin = against citizens.

The BRICS countries opened a can of worms, when they started to make noises about developing their own currency and also starting to settle payments with their own currencies.

This has a psychological impact on global trading and also in the dominance that Western currencies had over all those nations that used it.

Your smaller developing countries now has an alternative global reserve currency and also the opportunity to strengthen their own local fiat currency.

This is a big gamble, but if it succeeds... Western dominance will be reduced.
328  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 25, 2024, 05:31:05 AM
ETF in BTC will count, but over time and the hold is not a given the ETF has to sell BTC also etc.  Its all alot of rebalance.
ETF effects would be big and must be counted and recent days, there are only bitcoin exchanges between Bitcoin Spot ETFs. Investors from Grayscale want to exit, other investors from other Spot ETFs absorbed it well.

If you want something simple, you can use Mayer Multiple Bands.
https://charts.bitbo.io/mayer-bands/

It says price possibly touches the red and dark red bands with prices about $83,000 to $150,000. I am realistic and not too be very optimistic, bullish, so I choose price around $100,000 to $120,000 for this 2024 bull run.

Lol I don't believe in technical analysis as anyone can draw some lines and make a prediction. I have not seen anyone yet who can make accurate predictions for crypto all the time. We gonna need to see what happens, right now we are in a downwards trend but in crypto everything is possible.

One thing that we know is that the big money entered the Bitcoin scene and we know that institutional capital are used to manipulate markets.

We can already see the artificial movement of the hype cycle in motion and how other fiat investment tools are being used to manipulate the Bitcoin ETFs.

Yes, Bitcoin ETFs bring new exposure to Bitcoin on a grand scale, but this is mostly happening off-chain.
329  Bitcoin / Bitcoin Discussion / Re: If satoshi shows he has still controll of all of his coins what would happen ? on: January 25, 2024, 05:19:30 AM
There will be a lot of Bitcoin haters spamming forums and media platforms with negative predictions on how Satoshi will dump his/her/their coins.... and how this will negatively influence the price.

This FUD will spread and speculators will start dumping their coins and the "true believers" in this technology will have a field day, buying all those cheap coins.  Grin
330  Bitcoin / Project Development / Re: Bitcoin raffle draw dApp with 50% affiliate ticket sale commissions no accounts on: January 24, 2024, 06:32:30 AM
Why did you continue accepting ticket purchases, before you finalized the development of this software and also the transparency solutions?

Sites like this is highly dependant on trust and you are not building trust by rushing a system that are under development. Why not alpha and beta test with your own money and then release the final project when everything are working 100%  Huh
331  Economy / Gambling discussion / Re: Which type of gambling have more gambling addicts ? on: January 24, 2024, 06:18:21 AM
I think gambling addict doesn't have a direction whether a One on one or an online gambling .What really matter is the ability of the person to control him or her self in gambling pattern. Addiction is base on indecisiveness, whenever you chose to decide on how to use your fund wisely, you will find out that you can be a gambler without being an addict. For example always use 10 or 5 percent of your salary or weekly generated income to play. and not just using all the money generated to play, if it doesn't plays well, you find who to channel your misfutune to.

No, it might sound as if it is as simple to just make a choice, but it is much harder than that. There are chemicals in your brain that are part of this. Some people get addicted to the endorphin that are released, when you risk a lot of money and when your brain release this highly addictive chemicals to reward you.

Online gambling is worst for these people, because they have instant and unrestricted access to devices like their phone or notebook to access these online casinos.
332  Economy / Gambling / Re: Any recommendations for another casino like this one? on: January 24, 2024, 06:06:21 AM
Well, they cannot be very good if they resort to "cheap" marketing tactics like this. You are not one of their marketing guys with a small marketing budget... are you?

I also see that the withdrawal limit is very low, so that points to a new casino with a small bankroll, which is always risky for highrollers.

The site looks good, but I will do some more research to see if they are legit.
333  Economy / Economics / Re: Imagine African countries using Bitcoin to pay salaries, on: January 24, 2024, 05:55:08 AM
Since it has to do with the government another agency can be set up in the country in respect to paying salaries as Bitcoin which will somehow help in the growth of the economy of the country.

Government agencies are full of bureaucrats who slow down every process, and this includes Bitcoin. They don't necessarily hate it, but the way a government works is that everything is usually done at a snail-pace, so in other words, months or years.

Also, the central banks of those countries would be fiercely opposed to anything involving bitcoin, since that would hurt the banking systems in those countries.

Believe me, when I say it will be done very fast, if there are something in it for them. Let's take these examples :

1. Let's say your country are being sanctioned by other countries, then you have an incentive to bypass the sanctions with say Crypto currencies. (This will motivate the government leaders to push for this change)

2. Let's say your government are corrupt and you want to hide bribes and payments, then you will quickly move to a currency that can help you with that. (Monero)

3. Let's say you destroyed your local currency (hyper inflation) and you need another currency to protect the value of your wealth.

4. Let's say the majority of your voters wants to use the new currency and they base their decision to vote for you on your support for this, then they will rush the process.

In cases like this, countries will rush the implementation of new currencies or new technologies, because they are getting something from it.
334  Bitcoin / Bitcoin Discussion / Re: Finally I got myself my first real cold wallet on: January 24, 2024, 05:35:23 AM
Yea, it is nice to own a hardware wallet... until you need to upgrade the firmware, then things turn into a nightmare.

We used to access the hardware through a browser plugin, but then that was stopped and they developed their own app, which also were problematic at times.

It sounds very nice, but you have to make sure you store the pass phrases to recover the seed, if something goes wrong.
335  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: January 23, 2024, 06:04:48 AM
You only need to understand RTP to know why there might be some truth in that. Let's look at paid streamers as an example.... and look at how slots work.

Most paid streamers play with casino money, so they have loads of money to play with. So they will start playing a slot and play until they hit the RTP.... where other "poor" people will play until their money runs out.

Some physical slots in brick n mortar casinos pay more frequently when you use "Max" bets. (Most poor people play the minimum bets)
336  Economy / Economics / Re: The world's logic favours income makers, not the savers on: January 23, 2024, 05:56:37 AM
The old saying come to mind...  "There are two things in life you cannot avoid ==> Death & Taxes"

The government needs money to pay their salaries and the services that they are supposed to offer and they get that from the income of other people.

Your "savings" and "investments" are also not safe from taxes, because the government take their share from that too.

My advise to you are to avoid debt, because then you are paying Banks and the government. Save enough money to beat inflation and taxes and live according to your income... not based on the income that you do not earn.
337  Bitcoin / Bitcoin Discussion / Re: Bitcoin ETFs - Good or Bad? on: January 23, 2024, 05:44:03 AM
2. Do you want Bitcoin to be a commodity or a currency? ETFs will destroy the goal of Bitcoin becoming a currency.

I'm going to pick out this sentence in particular. Bitcoin used to be a hope for me as an alternative currency. But today I see Bitcoin more as a commodity (digital gold) and no longer as a currency. Instead, the transaction costs are much higher, which is inefficient for any payment process, especially for small commercial amounts. And if you look at the development of the last few years, there is little hope that there will be further developments that will significantly reduce transaction costs. I would rather see coins like Litecoin or Doge as a currency because they are more practical to use.

I think Bitcoin are doing very well under the circimstances. Let's not forget that none of the other Alt coins has come under the same kind of pressure than what Bitcoin is experiencing.... so they look good, with a lot less transactions.

The congestion is caused by things that are not supposed to be run, like Ordinals ...so do this on any other Alt coin with the same transaction load as Bitcoin and they will suffer the same problems.

We had this problem before and developers brought out SegWit and also the Lightning Network... so Bitcoin are evolving.
338  Economy / Gambling / Re: MoonClub.com on: January 23, 2024, 05:33:27 AM
Welcome to the forum,

I visited the site and I have to say the design of the icons for the original games are done very proffesional.

You guys are still in the early stages, but you are starting very well.

I hope you guys can bring in more original games and not simply a copy of other well known games (PvP gaming)

The thing about the KYC verification is standard for most casinos, so do not be too bothered about that. A lot of casinos promise 100% anonymity, but it's just a marketing trick to hook people.
339  Bitcoin / Bitcoin Discussion / Re: Saudi Arabia 1M BTC BUY !! on: January 23, 2024, 05:21:29 AM
There are a lot of things going around about Saudi Arabia that cannot be confirmed. I know one of the rumours are that Saudi Arabia wanted to join the BRICS countries and then suddenly decided that they did not want to join anymore.

We know the BRICS countries wants to move away from the US Dollar as a global reserve currency and they want to use their own currency.

So it will be interresting to see what side they choose. 
340  Bitcoin / Project Development / Re: Retro Gaming Web App on: January 22, 2024, 06:13:33 AM
It will be interesting  to see what retro games will be included in this project, because intellectual property rights in the US will last for the life time of the owner + 70 years after their death. (If it was a group of developers, it will last 70 years after the last developer died)

So I guess you are going to pay royalties for the retro games that are going to be offered on this platform?
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