Where I live it wouldn't be a big deal if a, let's say, a student saw me in a casino. Professional groups like teachers, doctors, or lawyers don't make a big deal out of it since it's legal. If they saw me in a brothel it would be pretty much the same. Maybe if they saw me in a brothel and I had a wife it would become an popular rumor, but they wouldn't fire me because of it.

In modern societies gambling is seen more like smoking. Many people don't smoke and don't like smokers but you don't fire people because they're heavy smokers.

CBDCs are going to be launched as an alternative option. I don't see how they'd force everyone to stop using cash. It's possible there will be countries that say "you can't do this from now on" like China or Russia like to do, but in most countries this isn't how things are done or you'll get protests and the party that tries it won't get elected for another term.
All they can do is put CBDCs out there and advertise them to make more and more people choose this type of payment over cash (first) and then traditional bank transfers.

In the old days, like the times of monarchies, it was common for wealthy and powerful people to be advisors to the king. It was the same before in the roman senate and it was like that later, mostly up to the early 20th century. Why is being rich and powerful important? Because such people already have all they need and can dedicate their time to the state.
Communism tried put it all backwards giving important positions to lower classes and you can observe a similar situation in Africa and South America where poor people get their votes through revolutionary slogans. When you allow people who had nothing all their lives to rule you can be sure they'll try to use their position to finally feel what it's like to have some money.

Dimon lost his credibility long time ago when he was attacking bitcoin and publicly said that he'd fire any employee caught trading bitcoin. Then a year later the news came out that blockchain activity pointed to JP actively trading bitcoin for months and Jamie said in an interview that although he doesn't like Bitcoin his daughter has some of it and is trading. Than, later when bitcoin was in a bull market he said it's not a scam and he was wrong.

If you look at the timing of his tweets he always attacks it during the bear market like he's kicking a dead horse. I bet you he or some of his rich friends are buying right now and he wants to help them by making these accusations, but the market doesn't care about his opinions anymore.

That doesn't make it any better. It's like saying "I did kill my wife, but that shit happens all the time, Just look at Pistorius and Simpson!"
The US did its share of war crimes, like Germany in the 1940s and Great Britain in the 19th century, but the difference is Russia is committing them now and it's all well documented.
We shouldn't be happy that they're avoiding sanctions.


You Spaniards were making decent cars but then you sold them to Germans, but so did the Czechs so you're not alone in this

There are 2 reasons people buy accounts here.
One is they want to earn money posting, which is why he wants Sr+ because full members are rarely picked by signature managers.
The other reason is they want to look more legit to run their own thread, usually scams. Like when they launch an altcoin or an NFT, they want a high rank account backing them.

It really doesn't matter if the account is being bought for the first or the second reason. If we say that it's ok if they want to buy an account to make money from signatures who's to stop people from buying 4 accounts and shitposting all over the forum with them, because he won't consistently make 100 good posts a week. At least half of them will be complete garbage.

I'd say that I'd have my limit and would be able to say that's enough. I know the feeling of having more money than you need and I know the feeling of having less than you need. I've never been really rich though, so maybe if I had 100 million USD my attitude would change and I'd become completely spoiled, who knows?

At this moment if I had a business that would generate around 3k USD a month for me without any expenses, I'd say that's more than enough. It would allow me to pay all my bills, feed me and my family, give me a lot of free time to do what I like and save up on top of it. If I ever decided to work, all that money would go towards pleasure because all the basics would get covered by that constant monthly income. It would give me and my family a feeling of safety.

If we're talking in money in the bank terms, since my family's monthly expenses at this point are around 2k USD, having 300k on the side would probably set us up for 10 years (100k added to account for inflation). We'd start spending more if we had that lying around, I know, but It's not like we'd be sitting on our asses all the time. We'd simply get part time jobs. It would lift some of the pressure from our shoulders.

I'm not worried at all, although I have a small worry, which is that it will take so long for bitcoin to reach another ATH that I'll run out of money to buy more. I have enough to keep me going for another year, but if we keep going into a recession still in 2024 I might feel how it is to be really poor because I'm not selling my bitcoins for 20k USD, that I'm sure of.
It's interesting that every time people go through a full bitcoin cycle they become stronger and more confident hodlers. There were times where -50% had an impact on me and made me feel down. Now It's just another day, like when you wake up and it's raining you say fuck it and find something to do inside.

Like Putin having a heart attack. Death is no joke but this bastard deserves it.


Really? Are you saying that NATO made Russian savages murder people and put them in mass graves?
There are no NATO forces in Ukraine. Did NATO destroy a single house in Russia?

I know cases like that. My friend went to a casino and I was just sitting there with him watching his games and drinking. At first he doubled his starting money at which point I told him to leave because for me it was a round sum exactly twice what he came in with and he didn't want to. He said he's on a streak and you don't leave when that hits, so I stayed there for another hour and watched him go to 0 at which point we had an argument because I told him to go home and he wanted to go to the ATM. Things like that happen every day.

It's a common feeling of using "free money". It's not really free but when you are given something unexpected you tend to be careless with it, thinking what's the worst that can happen?

It's a really bad way of thinking about anything of value because when you win something or get a lot of money from your investment, it's yours, just like it would be if you worked for every dollar. Being careless with it is plain stupid. If you ever get carried by emotion take a step back, sleep on it. After a few days you'll learn the true value of the money you're betting and will go back to your normal $20 bets. If they gave you 4k chances are it will happen again without you going crazy betting 1k.

We don't know how long it will take to develop, but metaverse brings a unique experience to almost any type of online activity. It works for the porn industry, gambling, gaming, you name it.
I wouldn't focus on the Chinese, other Asian countries are just as interested in this, although they might not be as big gamblers as the Chinese.

That said, I'd like to see everything move forward because people made bets on blockchain, meta and so on and due to fiat currency manipulations they're now scared of investing more and without investments it's not going to move past beta phase.

I sometimes leave some money in a casino after each session, so I don't withdraw daily, but I'm much more paranoid than you OP. If I had even $500 there I'd withdraw immediately. I rarely play with more than $100 in cryptocurrency and if I'd ever get 1k that would be gone instantly. When I say I sometimes leave money there it means  $50 or something.
I'd rather not hold coins on any centralized platform for longer than a day or two.

I think that Saylor is afraid of being too bullish because he made that mistake once and is making his predictions too bearish. 60k in 4 years is a very bearish prediction because in 2, after the halving, we should be in a strong bull market.

I don't need 60k to unload my coins, but I also don't want to see it being manipulated into a downtrend by politicians who are afraid their fiat currencies are dying.
It's their goal to make bitcoin, gold and stocks look like a bad investment that are losing value. It's all a big lie.


Unfortunately analysts cannot predicts random events like pandemic, war, or the US government pumping dollar's price.
Bitcoin should be trading at least for 25k USD at this moment but it's not and the reason is not bitcoin's weakness or mistakes of those who made higher predictions. Sometimes people just don't want to give you your money's wort due to economic conditions and it dosn't mean you have to sell below the real value.

Price at a given time is not value, pretty much like when you get offered a very low paid job. If you value yourself, you decline such offer and wait for a better one.

They're trying to push them everywhere these days. Youtubers get paid for advertising them, you can get commercials in other android games and so on.
They're addicting but the most important part is they bring a lot of revenue because you don't have to run big servers to host games. These games don't require a lot of data, they're relatively light on servers and everything is basically done by player's device. Only very little information is exchanged between the main server and your phone. This means that you don't need big support team and a great connection to your servers but people's imagination works wonders and makes them feel like they're building a character there, even if all they get is a number next to one of their stats. I wouldn't pay for it but some people do.

Twitch was also making money through them. More traffic, more donations, more bits bought and so on...

They're cutting their own revenue for nothing because it's not like they're against gambling since they're allowing other forms of gambling like sport bets and people are just going to move somewhere else.

It's not going to stop gamblers and it's not going to stop streamers. Pretty pointless if you ask me.

It's worse than that. Stable coins are really a worse type of fiat because they make you take additional risk, especially if you're in USDt that as we all know is not fully backed and we don't know how much of backing there really is. It can be 90%, but it also can be 60%. If we take the best case scenario for them and assume they have 90% backing, if things go south 10% of their investors aren't going to be able to exchange their tokens for anything of value. Would you like to be in that 10%?

Fiat is inflationary. If you hold Turkish lira for instance, you're better off buying BTC because in the last 2 years it went down less than the lira. It actually outperformed a number of fiat curencies. A year ago BTC was at 30k and now it's at about 35% loss from that day. The lira is down almost 50% in that time.

As much bitcoin as possible is the only way at this situation, but it's a good idea to mix it a bit with gold and silver, maybe add some stocks like energy companies, maybe ETH since it dropped hard after the merge but it's not facing any problems so it's a good buy.

You're not being encouraged by anyone! You do what you want.

What if Bitcoin was land and you bought it because you liked where it lies and thought holding it might be good for the future. Then suddenly some people came to you saying they'd buy it for half the price you paid for it because apparently the market price went down. Would you sell it to them? I sure wouldn't.

The thing with investment is that you must have some money to live on and some that you invest. If you feel bad because the market is down and you still have enough money, step away from it. Do something you like, have some fun, come back in 6 months to check how things are.

I currently hold more bitcoins than I had in November 2021 and whether I get a $100 or 2 from a signature campaign I add it to my portfolio. I've been doing the same thing in 2018 and 2019.

Bear markets are better time for holding bitcoin than bull markets. In a bull market you should be selling and buying in a bear market. Unfortunately most people do the opposite which is why the world is full of poor people.

The way I see it, this "legEND" is never getting a legendary rank in here.

I always find it amazing how some people develop this socialist mentality that makes them think they can limit people's access to some goods and services "for the good of others". He uses words like leeches and parasites, because in his mind it's one apple for each person. You can't go to the market and buy out all apples, if you do it means the system is broken to allow that and you're a parasite.

It's the same with power grid, he lacks the basic understanding of how electricity works. Each power company calculates the amount they can sell. If I decide to set up a mininng operation, I have to write to them and ask if it's possible that I get a certain amount like 100kW for that. If they can spare it, they'll set me up with everything needed to support such draw.
You cannot steal 100kW just like that. You can't put miners anywhere you like. If you do it without thinking you'll trip your breakers first and if you decide to put in bigger ones you'll fru the connection between your house and the nearest HV transformer.

A mining operation cannot cause blackouts. It's up to the power company to limit power to certain businesses if they are unable to provide a constant and stable supply. They will rather stop supplying miners than hospitals if it comes to that and no mining ban is needed for that to happen. The market will always regulate itself and power companies are free to choose how much power they can send to a location.

LegendaryK, you should stop trying to put yourself between the seller and the buyer. You social justice warriors always try to interfere in the market and put your hands in other people's pockets in the name of equality and ecology.

The more facts people show you the more aggressive towards them you become, throwing insults and calling names. You "world savers" are getting desperate.
Keep dreaming about POW bans all around the world. Every time I see people talk about worldwide bans I ask them a single question. When did you see the world cooperate to stop something? I don't recall such event. In every conflicts there are those who are for and those who are against. Looking at your posts I can see that we won't get anywhere and have to agree to disagree. There's no changing your mind. You think we're all stupid for supporting POW and we think the same about you.