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481  Bitcoin / Bitcoin Discussion / Re: Bitcoin gift to wife. on: October 17, 2023, 05:35:29 PM
But my wife was able to understand about Bitcoin very easily. I gave him half of the investment as per my word. He is very happy to get Bitcoin.

I'm confused. Is this a gay marriage? Cheesy

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Have any of you managed to teach your wife Bitcoin? Have any of you gifted bitcoin to a wife like me?

My wife knows about my investment and she knows some theory behind bitcoin but she's not using it. I told her how much it's worth and she's afraid to break something.
She has emergency access to my funds but treats it a bit like some of the tools that I have, or the breaker box. When something needs fixing she calls me and doesn't touch electric stuff and my bitcoin wallets.
482  Bitcoin / Bitcoin Discussion / Re: What do you think? Selling all or not on: October 17, 2023, 05:23:54 PM
I'm not going to sell my bitcoin in the bull market, but I'm not going to tell you what to do. We all have our own understanding of bitcoin and our own goals.

My goal is to have bitcoin as a backup money and spend what I earn in fiat money and what I have in the bank.
Over the years I reduced the amount held in fiat money from around 50k EUR to around 3-4k, while maintaining my bitcoin. Unfortunately (or fortunately) i received an inheritance that boosted my fiat reserves, so I can continue reducing fiat holdings for another couple years until I get down to a satisfying amount and let my bitcoin grow.

Some of you will be in a different situation, some might need fiat money right now or next year with no ways of getting it. In such case you might be forced to sell some bitcoin.
483  Economy / Speculation / Re: Recent market manipulation shows the enormous potential to reach the moon! on: October 17, 2023, 05:07:10 PM
You need to realize what happened today does not increase the chances of approval. If anything a rejection is more likely because it demonstrates what types of manipulation can easily happen in the bitcoin markets.

It was a fake tweet and it ended up causing price to break $30K and then head back down again. So it easily could of wiped out many investors with that move. And this is what SEC might use as an example to not approve any spot etfs.

You have to be one dumb SEC member to think that this pump on fake news is something significant or a proof of manipulation.

I'm sure you know what happened to the price of gold when ETF was approved. It's obvious a similar thing will happen to bitcoin and people know it. The SEC knows it, Blackrock knows it, people who hold bitcoin and traders know it and that last group is responsible for the pump. Traders will buy when the approval finally comes and it's not their fault, nor the fault of bitcoin.
The only party responsible for the manipulation is Cointelegraph and they should pay for it.
484  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Gold, land which better? on: October 16, 2023, 07:01:05 PM
my father and mother from my family have no knowledge of bitcoin so they keep persuading me to invest in bitcoin.

They don't understand bitcoin so they persuade you to buy it? Did I read it right?
Why? This sounds a bit crazy on their part.

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My parents thought that bitcoins that cannot be seen or touched cannot be an asset.

So they are against bitcoin, but keep telling you to buy it?
Now I'm confused even more Cheesy

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They think that investing in physical assets such as gold, bank deposits, land etc. is more profitable than Bitcoin. But even after I convinced them, they are not ready to invest in Bitcoin. They don't want to believe in virtual currency.

Safer usually means less profitable. For instance, one of the safest investments is to buy foreign currency of a country with strong economy compared to yours, but this will barely allow you to make any money.
485  Bitcoin / Bitcoin Discussion / Re: Do you ever feel tired of waiting? on: October 16, 2023, 06:49:43 PM
OP, you need to find a hobby or focus on living.
I felt like you once, when I had not much to do and I'd watch bitcoin videos for hours every day. Then I started to work on my home and go to bed so tired every day that I'd fall asleep in minutes, without even checking the price. It made waiting for another cycle much easier, believe me.

I know that one sig campaign pays up to $1000 per month and I think that is the highest amount that can be earned, but it is not clear to me that you could live like a king with $800 in your country, which is still part of the EU and the Eurozone. The average salary in your country and mine is almost identical, but even a single person would have a hard time living like a king on $800, especially after inflation has raised the cost of living.

For some people who live in poverty, living like a king is very different to what the rest of us might understand by it.
To give you an example, I have a friend who lives with his mother in a small apartment and has a 4 square meter room for himself. For him to live like a king would be to rent out a small apartment for himself, have a fridge full of beer and daily quality food delivery to his door. 1k EUR would be enough to achieve that.
486  Economy / Speculation / Re: Bitcoin ETF Approval: Fueling Bullish Momentum? on: October 16, 2023, 06:35:04 PM
I'm not a trader and I don't react to these news and price moves. My bitcoin is safe in my wallet and that's all there is to it.
If you get excited and keep buying every piece of news without verification, you'll end up like these people who bought bitcoin today and got dumped on.

Take it slow people, bitcoin isn't going anywhere. When the ETF finally is approved you'll have a lot of time to enjoy the uptrend.

487  Other / Off-topic / Re: Do you play while listening music? on: October 13, 2023, 06:02:11 PM
I don't agree that gambling with music makes it easier for you to blow money away, or that you get more distracted.
I've read some articles about research done in the field and a lot of this depends on the music you listen to and its volume, but working with music on puts more stress on your brain. It doesn't make you more careless, It doesn't make you waste more money. It's just that after 6 hours of working (and gambling falls into that category) and listening to music, you'll be more tired than if you did that in complete silence.

I like to do things with music on, but it's more healthy to do jobs you don't have to think too much with music on. For instance, washing your car, working out with music on is great. Gives you a sense of rhythm and speeds up the work. If you have to write an essay, or read a book, better turn it off.
488  Economy / Gambling discussion / Re: Relying on gamble wins is dangerous to mental health on: October 13, 2023, 05:44:30 PM
Your friend is like a textbook loser. He's that guy who doesn't understand the game. Does he start spending the money right after buying a lottery ticket and planning his holidays and purchases?

I know people like that. They don't understand a simple outcome. They want to ask a girl out and they already expect her to say yes and think of how they'll go to this or that place and then she says no and he's shocked like it's an impossible outcome. Dude, you had 50% chance, maybe even less! If you saw him you'd say less for sure Cheesy

I'm a pessimist so it's easy for me. Every time I go somewhere, plan for something, I always plan for the negative outcome. That's why when I applied to the university, I actually applied to 3 places with different level of requirements because I expected the worst case scenario, that first and second choices won't accept me. Same thing with gambling, when I bet money I expect to lose, but if I win I'll get even more happy because it's an unexpected win Wink
489  Economy / Gambling / Re: - UGA - a Gamblers Union on: October 13, 2023, 05:29:56 PM
You may have good intentions but I doubt if it's going to work because, in reality, it's hard to bind gamblers have you seen a big Gamblers union offline I don't think there exists, there's such a thing as a club but I doubt if it's possible to establish a Union, and how do you manage it by asking fee so they can fight their cause in case they lose and they lose because of their addiction and they just want to recover their losses, your intention is good but you're going to face many issues that gamblers are the one bringing.

For people to join such club they'd need some common goal, some benefit of this whole thing. Like a book reader's club shares reviews of books they read and recommend them to others. They also lend books to each other, so both these things make members of the club waste less time on bad titles and less money on books other members can give them for free.
What would a gambling club member benefit from? The club would have to be able get exclusive bonuses, tournament invites, maybe deals to test new features of existing sites for a pay.
If you want to share stories, you can do it here.
490  Economy / Gambling discussion / Re: Cross addictions is Just as Bad. on: October 12, 2023, 07:17:27 PM
Well I told him that this is basically cross addiction and what that mutual friend is trying to do is like running away from the truth. Not wanting to face the core issue. So he is justify spending $20 and not on slots when both are unhealthy addictions that can have far reaching consequences. He just has to sit and face his addiction head on without looking for a replacement addiction which is just as bad.

You're right, he's trying to occupy his mind with an activity. It's normal behavior for people with trauma or problems. Kids often run away from school and watch TV or play computer games all day like zombies because that makes them forget about passing time. Men left by their wives start drinking because when they're drunk they don't think and don't feel pain.
If he was losing money gambling it's better that he plays games, but that makes him waste a lot of time. He's going to miss that time one day and hope he did something constructive, like learn some trade, read books, get a job. in 10 years nobody is going to care that he was level 200 in some MMO game.
491  Economy / Speculation / Re: [Fun] Bitcoin price could hit $750K to $1M by 2026 on: October 12, 2023, 07:08:09 PM
You know what's even funnier than shooting the numbers that someone likes on which day? The fact that the discussion on this topic has already been posted on this board few days ago...

https://bitcointalk.org/index.php?topic=5469311.0

You're right, but since we went so far in this secondary thread we might as well keep going Cheesy

Short summary:
-Hayes had some bad predictions in the past
-2026 ATH could only happen if we break the pattern and the bull market lasts for 2.5-3 years
-the above date would mean no more 4 year cycles, unless he expects only 1 year of bear market to follow
-Even in my wildest dreams 1m bitcoin comes in 2 cycles, so by 2030
-Even 750k this time looks impossible, since we'd need an enormous demand and liquidity shortage for that

If we really have 2m bitcoin on exchanges and we get all ETFs approved all at once, we could get to 300k maybe. Then all the crazy people will go reverse FOMO and dump all the coins they were hodling since 2019 Cheesy
492  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 12, 2023, 06:52:19 PM
Actually gold is a consider more precious than anything from past therefore nothing can take place of it. I agreed that bitcoin is also providing passive income to lots of people but popularity of gold is more than bitcoin.

I'd argue that if bitcoin was around as long as gold it would be much more popular.
We really can't compare these things if people used one of them as money and store of value for centuries an and the other one is known for less than 15 years.

I see bitcoin as something better than gold. I wouldn't call it a better digital gold because we don't have digital gold yet, so I guess that's going a bit too far, but if we agree that bitcoin works as a store of value, it's better because it's easily divisible, while gold isn't. You have a piece worth $1k, you can't divide it between 2 people, but you can do it with bitcoin and you can do it the way that everybody will trust, since bitcoin is verifiable. Try to verify gold on your own and you'll see that it's not that easy.
493  Economy / Speculation / Re: Bitcoin Up Move Incoming on: October 11, 2023, 07:45:16 PM
How do you explain if your forecast doesn't come true? How will you justify yourself?

Does he really have to? These are predictions, not promises.

Did Tom Lee justify himself after his prediction for 2018? He was expecting 25k at 10k and bitcoin went down toward 5k so he was like 5x wrong. Pretty much like if you'd say now that bitcoin is going to 60k this year and instead it went to 16k Cheesy
All those smartasses like McGlone who in 2021 said that bitcoin is going to 100k but it went to 30k instead and then lower... Now the same guy is telling everyone that bitcoin will crash below 20k once more this year and some poor souls believe him because they don't care how wrong he was before. It's here and now that counts for them.

Interesting formation today is the peak fell from the 200 day average to meet the 50 day average below,  if we remain in that gap bouncing between them I think it remains quite a bullish setup.  

Pretty normal if you ask me. We'll need something big to move above the 200 like an ETF approval, Gensler being kicked out of his chair, a FED pivot, or something like that.
Some of these will eventually happen, just a matter of time.
494  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 11, 2023, 07:12:05 PM
They use a combination of a couple of tactics to overwhelm the enemy, apart from the launching of large number of projectiles, drones are also used to hunt down the defense batteries and radars directly and at the same time a large scale cyber attack is perform against the entire cyber infrastructure of the Zionist regime that includes the air defense (radars, Iron Dome, David's sling, etc) to disable or disrupt them.

Gone are the days that all Palestinians had against the heavily armored enemies were stones.

Probably also mortars as the Iron Dome reacts to them as well. Mortar shells are very cheap and can easily overwhelm the defensive system.


Russia portrays Ukrainians as Neo-Nazi and itself as the liberator who murdered German Nazis in WWII, who tried to exterminate Jews.
Believe it or not, many people from post-soviet countries hate Russia so much that if you ask them, they wish Germany had won the war because now we would be as developed as them and would live the same life. <-- This is not my argument or opinion, I just express how many people from post-soviet countries think. This means something, this shows you why Ukraine doesn't want Russia and fights to join Europe.

They must be stupid because it's obviously better the Nazi Germany did not win. The perfect situation for these countries would be liberation by Allied forces and no annexation to the Soviet Union, but out of 2 possible outcomes, I'm pretty sure being part of the CCCP was better than being sent to concentration camps, locked in ghettos and murdered in gas chambers.
Had Stalin died in 1945, Russia would be in a state of chaos and fight for leadership and wouldn't have enough dominance in Potsdam to force its desired borders upon other countries.
Unfortunately, that ideal outcome did not happen.
495  Economy / Speculation / Re: Hal Finney: each coin a value of about $10 million prophecy on: October 11, 2023, 06:55:10 PM
You know what? Hal's story taught me something and that's to value your time here on Earth, spend it with your loved ones. If he could only see what Bitcoin has become, maybe live until 2030, but no.
So, maybe bitcoin will reach this level of adoption in 2030, maybe in 2035, but what if you are no longer here to witness it? What if you are, but die a year or 2 later, without really being able to experience the wealth you've gained over the years?

It's important to first live your life, have fun, spend time with family. Don't get carried away by dreams of wealth that bitcoin can provide. This should always come second, third, or even fourth.
Would you rather have billions in bitcoin and die a few months later, or have no bitcoin at all but live for another 10 years?

I know that bitcoin will one day be worth a lot of money. Don't know if it's going to be 1 million or 10 million, but I don't focus on it and live my life as I used to 10 years ago when I had no bitcoin at all.
496  Economy / Gambling discussion / Re: Has anyone encountered any dog race betting here? on: October 10, 2023, 06:14:10 PM
I have heard about horse racing but never heard about the dog racing. Can you tell where these races take place?

Even if they do take place in some part of the world, i never witness any odds being offered for such games on the online gambling sites. You saw this in the movie but we know that things shown in movies are fiction and not the reality.

 

Really? You haven't heard of these racing tracks where a fake bunny is moved along the track for dogs to chase it? 
I've seen this even in the movies.

It was popular in England and the US in the 80s, but since animal activists targeted it, the sport is in decline.

A racing association found that betting on greyhounds plunged from $3.5 billion in 1991 to about $500 million in 2014. Since then, many more tracks have closed.
https://www.pbs.org/newshour/arts/greyhound-racing-nears-its-end-in-the-u-s
497  Other / Politics & Society / Re: Don't Stand With Either Palestine Or Israel on: October 10, 2023, 01:53:17 PM
If they read your post they'd laugh at you.

Imagine that someone enters your home and starts stealing from you. You ask them to leave, they don't do it. You hit them, they hit back.
Your neighbor sees you fighting and starts preaching to you both "you should love each other brothers, there should be no fighting." Would you both stop? I doubt it.

Ukrainians lost families and friends to Russians. They won't start loving Russian all of a sudden.
Palestinians lived every day knowing that Israelis have superior military power and will one day kill them all. They won't stop until there's no Gaza. It may take another decade or another century but the goal for Israel is to exterminate Hamas and make Gaza a part of their country.
498  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 10, 2023, 01:38:39 PM
Iron Dome was probably designed for hundreds but not thousands of missiles. They can make a better system able to deal with thousands and the opposition will try ten thousand, it never ends. Actually, you can add drones now. Israel has way more military power than several other much larger countries, this is why any sort of "response" ends demolishing buildings and killing thousands of civilians.

A single missile costs $100k Hamas rockets are much cheaper. They use cheap Qassam rockets that can be manufactured with basic tools and cost less than $1k.
They also buy old Soviet Katyusha rockets and newer Grad and some modern ones supplied by Iran.

Each Iron Dome battery has 20 missiles loaded and needs time to reload.
According to Wikipedia Israelis have between 10 and 15 batteries deployed.

This means that at most, with full capacity and 100% accuracy, the system can stop 300 missiles.

Hamas claims to have launched 5000, but other sources say 2000 unguided rockets. There was no way to stop that many, which is why they launched all at once. They knew it would overpower the defense system.
499  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 10, 2023, 01:19:28 PM
Meanwhile, US weapons provided as a military support to Ukraine ended up in hands of Hamas fighters: https://sputniknews.in/20231009/from-ukraine--afghanistan-to-middle-east-how-us-arms-ended-up-in-hamas-hands-4693015.html


Where is there any proof in the article to support that claim?

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Russian officials have repeatedly pointed out that Ukraine has been selling weapons, received from Western countries, to third parties through the black market.

Because it's in their interest! They don't want US to supply weapons to Ukraine, so they will spread these rumors to decrease public support.
Further in the article they even say that these weapons could be the ones left behind by US forces.
500  Other / Politics & Society / Re: Can Israeli - Palestinian conflict worsen the crisis? on: October 09, 2023, 05:07:19 PM
I find it interesting that Russia, who itself is an invader murdering civilians and bombing cities, supports another country that is currently being oppressed. When we lay siege, that's fine, but when another country does the same, we're against it. Freedom for the oppressed! Cheesy
Russia is just trying to play the field, putting pressure on US proxy in the region to put pressure on US. This caricature shows how Russia is seeing the situation better than I can explain: https://www.talkimg.com/image/RZ5Vv

Russia portrays Ukrainians as Neo-Nazi and itself as the liberator who murdered German Nazis in WWII, who tried to exterminate Jews.
Now Russians murder their brethren Ukrainians, who were part of the same Anti-Nazi Soviet force 35 years ago, because according to Russia, they're also Nazis. Moreover Russia supports Palestine against the same Jews it was fighting to save. Politics can really be confusing.

Also, why the fuck is Jewish army called Israeli Defense Force if all they do is attack neighboring territories and expand the borders?
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