That's very interesting. I didn't know Ethiopians are so nice.

I've always found it fascinating how the Japanese greet. I was once traveling by train and and a Japanese woman sat in my compartment. After a while she stood up and started bowing, so I stood up and asked if she needs help with her luggage, thinking that she wanted to leave, but she was just going to the toilet. Every time she wanted to leave the compartment she'd bow to each of us and we didn't know if she'd be back from that journey or not.

In my country it's customary to greet people who you know and the one's you're about to interact with. We usually don't greet strangers, unless we want to ask them something.

I don't "secure gains" because I don't agree with the average trader as to what securing is.

If you ask people many will tell you that securing gains means selling your bitcoin for fiat or a stable coin. I don't trust stable coins, as they're controlled by private companies and exchanges. We also don't know if and by what they're backed. Do Kwon tried to back his shitcoin with bitcoin and we all know how it ended.

I also don't hold too much fiat because I'd have to use cash for that, as I don't trust banks and don't hold a lot of money there. I don't want people to tell me what I can and cannot spend my money on, so most of it is in bitcoin and is going to stay there, regardless of whether we have a bear or bull market.

I hope you're not shorting


Sometimes I wonder if Tom is so stupid, or paid to say these things, or maybe both?

A smart analyst trying to confuse people would publish one or two good predictions to gain audience and then hit people with a really bad one at the right moment.
Tom is wrong all the time. I remember when I first watched him on CNBC in 2018 when bitcoin fell from 20k to 12k. He was sure that this was just a small correction in a strong uptrend and the next step for bitcoin would be 25k, but instead we went to 6k.

You don't actually need a lawyer for that because as far as I know, there's common law and banking law that governs these things. Under common law, you don't have to "report" any cash found at home.
Imagine that you live with your mother and she dies. You are the only child and your father is dead or your parents are divorced. Whatever movables were there at home are automatically yours. If she had cash in a safe and you know the combination, it's yours. Nobody is going to ask you how much money, jewelry, or art pieces she had as long as there are no other heirs that can lay claim to these things.

If she had a bank account however, the bank will not grant you access unless you give them a court order.

With bitcoin there's no third party locking you out. If your mother left you private keys, seeds, or wallet passwords, the money is yours.

I don't agree that it would be bigger than Gox.

In 2013 Gox was the biggest exchange by far and the market was much smaller. A much larger % of coins was on exchanges, ready to be traded, there was no HODL culture, like we have now, bitcoin wasn't recognized as a store of value, more like a novelty. It wasn't even a speculative asset and there were no laws and regulations regarding it. The impact of the collapse of the largest exchange was enormous at that time, especially that Karpeles was actively influencing the price of bitcoin and trying to earn back what he'd lost. Gox was like FTX, but with a much bigger impact as most people traded there at that time.

We don't know if Binance is involved in wash trading and if they have all the coins that they owe to people. There's a possibility they do. Chances are that even if they happen to shut down, they'll be able to make their users whole, unlike Karpeles that had lost most of the bitcoin before the exchange's collapse and was delaying withdrawals to keep his company going.

You don't understand what a premined coin is. Premine means part of the coin is mined, or put away, before coin's launch, so that the community cannot have access, unless that part of the supply is released by the person controlling it. In case of bitcoin the supply is distributed among users with the help of a free market. There was and there will be no premine, regardless of when you are born.


When it comes to buying all the bitcoin, only roughly 2 million is available for sale on exchanges. In theory countries could buy it all out with printed money, but they'd be able to buy only as much as there is for sale. After buying 50% of supply on exchanges the price would skyrocket to some crazy prices because people would start testing them out, opening trades for 1M USD, then 2, 5, and so on. If they saw their 5M sales complete, they'd set the next one for 10 and so on. Which country would be able to print so much money that they'd be buying bitcoin at the price of $10M a coin?

Supply and demand have to stay balanced. If someone crates increasing demand, the market price is going to increase exponentially into infinite numbers, meaning that after all coins on exchanges are bought out, the sky is the limit as to what people would want for their coins.

That would make it more fair for both sides and eliminate a lot of problems that gamblers are facing at the moment:
-no more lying about casinos being no kyc and then the same casinos asking for kyc at withdrawal
-casinos using KYC to delay large withdrawals at times of low liquidity
-casinos forcing KYC on users they suspect on gambling from a banned jurisdiction
-demanding conditions that are impossible to meet by those who undergo KYC, like bills in English.

I wouldn't completely drop the idea of a decentralized casino. Maybe there's a way to do it and at the same time avoid KYC that most of us hate so much? One thing that comes to my mind is gambling with native tokens of your casino. Many gambling sites avoid KYC by allowing people to gamble items they acquire in games, like skins. There are such sites for CS, Rust, and others.


You're making a fool of yourself here, shilling for your campaign manager while OP doesn't have a platform ready and is asking for advice on how to make one. He's months before a launch and you're talking about a signature campaign.
I guess kissing ass of your manager and at the same time making an off-topic post that you'll get paid for by that same manager is like hitting two birds with one stone, so good thinking on your part, congratulations!

Biden showed Putin that he's weak which is why Putin attacked Ukraine after meeting him. IMO any president would be better than Joe. I'd love to see Kennedy win, but people are too dumb to choose someone like that.


Does it really matter? To me it matters that he likes bitcoin.

It's funny how all of a sudden bitcoin became a topic that every candidate has something to say on. Trump showed us that he's not a fan, but at least not trying to slow it down as much as Biden.
Ramaswamy and Kennedy look like strong supporters of bitcoin, although Kennedy is a real believer.

I also don't like them, but maybe I can answer your question.
People who invest in bitcoin ETF are people who usually don't do anything themselves. In case of individuals, those are people who don't manage their own wealth, but have managers to do it for them. Have you seen the movie about Madoff? He'd call people and get them to wire money to his fund just like that.
-Hey man, there's an opportunity to make big money, but I need 10 million
-Sure, I'll send it to you later. What's the profit? 15%? Not bad.

These fund managers don't want to hold bitcoin for their clients and they know exchanges don't offer insurance, so they need a big fund to tell them it's safe to buy. If someone trusted were to offer trading and custodial services with insurance that the coins are going to be there a year later, they'd buy.
Another typical client of these ETFs are companies, where the board cannot simply say that the CEO will now hold 5% of the company's funds on his personal laptop. What if he dies? Who's going to have passwords? So the obvious route is to have a trusted third party to hold it for them. At least if things go wrong they'll have someone to blame and sue for the loss.

What if he's destined to be the next professional poker player or something? Don't try to put everyone in the same basket and operate on extremes, like people who say that you got to have a family or you'll never learn to be responsible, or that all people who have fast cars end up in accidents and drive irresponsibly, or that you shouldn't own a firearm because you'll end up killing someone. These are extremes.

I'd ask the kid if he's ever going into debt over it, what is his win rate, is he making money or losing it all the time. If he's good he should pursue this and maybe get into some tournaments, or get a job in the casino. It's not a bad industry to be in. He could have chosen much worse.

High ranking? The guy quoted by Coin_trader is just a Sr. member who made his account a year ago. Barely an experienced member if you ask me and judging by many of his generic posts focused on campaign post farming.

That said, a lot of these threads like OP's are impossible to verify. Sure, he won and got paid, but it's very hard to verify if there was a connection between him and the casino. Let's say you run a company and ask your friend to play there for free until you win something, then share the details of that win on bitcointalk and some time later, when people forget about it, send the money back to you. 
Free advertising

Another thread about fighting gambling addiction in general, not a personal experience, not a cry for help, or a complaint, but a worthless generalized question for the sake of making a thread.
You could use the search function, OP, but instead you want to know what the community on a forum can offer an addict?

The answer is advice. You can't pull an addict out of his room where he sits all day gambling away his tuition instead of going to school, meeting new people, or eating well and focusing on his health. There's literally no way to make a change other than offering some words of wisdom.

Please confirm the FUD you're being fed before you start spreading it to a larger audience

How did Elon manage to sell now and write about it a report published in the Wall Street Journal on the 17th? Does he have a time machine?

The article doesn't say when Musk sold his bitcoin. It only says that in the recent filing the company confirmed that they sold. The recent filing wasn't today! They had to sell then report it and then someone wrote an article about the report. Get it? This means that a drop from 31.8k to 30k was possibly them selling, but the crash below 28k wasn't.

I'd say these were liquidated longs that caused it. Maybe some Chinese investors were holding bitcoin and seeing a possible crash on Chinese stock market sold everything, including BTC. That caused a long liquidation cascade and here we are.

More cheap bitcoin! I'm fine wit that. Wasn't planning to do anything before the halving anyway.

What you're complaining about is not really a problem with bitcoin but with any investment. It's hard to hold assets when you're running out of money for basic necessities.

That's why we call them investments, they're a way to multiply your capital, but you need to have capital to even think about investing, unless you want to take a loan or something and say YOLO.
If you had a gold bar, but lost your job and had to feed your family, you'd sell it and because of this simple reason poor people usually stay poor and get exploited by the rich.

Wrong. It was called that directly!

In 2017 Larry Fink called it an "index of money laundering"
In 2018 Nouriel Roubini called bitcoin "mother of all scams"
In 2019 Jamie Dimon called bitcoin "a fraud"
In 2021 Donald Trump said "bitcoin feels like a scam"

I'm not adding links, you can google it if you want.


Wrong again. Government can print money and you are willing to sell your bitcoin for that money.
In theory they could buy as much bitcoin as there's on exchanges.

If they US could send 75 billion dollars to Ukraine, they could spend the same on bitcoin if they really wanted to.
What would happen if other governments also tried to get it at the same time?

OK, so tell my why there shouldn't be a demand for bitcoin. It works pretty much like digital gold and is currently the best store of value out there, because it's the first and the only decentralized way to hold money. Every other thing is limited, requires a third party, or like gold is hard to carry around and sell. Bitcoin is simply the best and if you give people time, more and more will get to understand this.

Even if we ignore the above, bitcoin was trading at above $40k for almost a whole year in 2021. Why shouldn't it be like that in the future? You're looking at 30k right now but in reality going from 30 to 35 requires very low amount of money when compared to how much people put in stocks. A single billionaire investing in bitcoin could get us above 30k today and there's a lot of billionaires in the world.

What does it mean after the halving? Do you mean a month? A year? It's mathematically impossible for bitcoin to stay flat below 30k despite the halving. It either goes up to 40k or it dies and goes to 1k and eventually below, but for that the blockchain would have to fail somehow. As long as bitcoin works it's going up.

My way of playing is that I stay in the game for as long as it's fun and of course as long as I have money. When one of these two conditions aren't met I stop and take a break, which can be as long as a month, if needed.

Therefore I chose the first option in your poll. It's definitely the best thing to do when you feel your mindset changing. You aren't here to suffer after all, am I right?
Even if you feel like staying, take a short break, calm down and think if this is the right thing to do.

We're almost at 19.5M, so only 1.5 left to go.

What is a false bull? A bull run is when the price keeps going up. It doesn't have to break the last ATH, or it can go over it by a bit. The importance of a bull run is that the price keeps going up, with every subsequent correction ending with a higher low. This is pretty much the whole history of bitcoin, where in 2018, after the bull run, the price went to 3k, but in the next bear market of 2022 we made it only to 15k. In the long run we are in a bull market!

Short-term, it's enough for the price to stay above 25k, bounce back and hit something higher than 32k for us to officially be in a bull run. It's that simple!