The lack of happiness is a problem of poor education systems. Schools are still stuck in the past, in a time where we needed machine-like workers that quickly go through a programmed set of tasks to create products that would help humanity solve problems like hunger and disease.

But now we need to move on from this zombie-like existence. This is impossible within current schools and colleges, because they haven't fundamentally changed in a very long time. But we're slowly seeing progress in this regard when we look at online courses (which are still pretty bad, but better than schools), and all the possibilities through which human beings can sustain their lives.

There are a lot of kids who are literally becoming rich by making silly videos or by playing games. And even more people are at least making enough money to support a decent life by simply sharing their hobbies with the world. More and more people are realizing that simply doing what you are passionate about can turn into a happy and self-sustained life. But this kind of transformation takes time.

Sometimes you need to hit rock-bottom to realize what is wrong though, and I believe that humanity is just about to reach that tipping point (because depression rates are indeed on the rise and people are becoming more and more aware of the problems of humanity).


Also: It's never enough. There's always going to be something else that nobody has ever done before.

So based on the quotes above (first by Sirius), It's safe to say that there is pretty much no relation between them and they never met face to face.

You should look up some statistics. Things have steadily been getting better over the years. The problems are just more apparent because they're spammed all over social media, but they're fewer and less significant than any problems that we had in the past.

Indeed, however, I don't think these business model for a gambling site would really be profitable unless it would be inviting billionaires to gamble on the casino. Something like out of the movie of James Bond Quantum of Solace. Where they are invited to a poker game for the elites only and would bet hundreds of millions per round. That's something different, though I don't think it would be appealing to the rich anyway to gamble online.

Yes G2z_Riya, that is true, and a very good way to invest into bitcoin's fundamentals, by buying and holding.

However, for those with a little extra capital after buying some bitcoins for holding, mining is also another viable way to generate more bitcoin as earnings over a period. A reasonable time frame would be at least about 2 to 3 years before the next halving in 2020, and beyond that in the subsequent halvings.

A comparison of the two ways of investing, between buying-holding versus mining, is given in the tables in my article at http://www.coinpurveyor.com/buy-hold-vs-mining-bitcoin/. Although both methods are risky (some people even consider buying and holding bitcoin as risky, and it is if they don't understand the problems with fiat currencies and the traditional banking system), mining presents a different kind of risk compared to just buying and holding, but the long term returns are usually worth it, for as long as the mining operation continues to be profitable. Feel free to use and replace any figures in the tables in that article to suit your purpose. You will find that with some acceptable risks, bitcoin mining has far better prospects than simply buying and holding. Note that here I am referring to mining with BitClub Network (based on my own track record data and known platform advantages), not mining on your own or pointing your hashrate to a pool with all the overheads at your own costs (warranty issues and breakdowns are another level of risk for those who mine from home).

With buying and holding, assuming you sold off all your bitcoin in your holdings to cash out, you will no longer hold any more bitcoin to be sold off at a future higher price. To own bitcoin again, you would have to buy it at the current higher price, which is likely much higher than you had originally bought years before. With mining, selling all your mining earnings today to cash out is OK, because you will continue to earn from your mining earnings for an indefinite time, again, as long as the mining operation continues to be profitable. Once you have achieved ROI, mining earnings from that point onwards become pure profit. Personally for me, that point was 2 months ago, when I was into my 8th month mining with BCN.

Andreas Antonopoulos had stated at his talk at MIT that mining will always be profitable, and I agree with him on that. The intrinsic value of bitcoin comes from the energy and resources it takes to mine bitcoin. I would also like to add, that to remain sustainable in mining, at the moment and in the near future, being part of a large mining pool counts. This will largely help to cope with the increasing mining difficulty as time passes. However, the bitcoin network is designed to be a self-stabilising economy that will find its own point of equilibrium, even as miners join and leave the network, and what will happen 3 to 5 years from now, we can only wait and see.

 

If i were you i will also run after winning a big sum of money. I don't want to risk it by playing even more. Sometimes people need to practice self control and satisfaction because if you are a compulsive gambler it will get you in trouble I swear. For me if i win a lot I want to treat myself of the money I won because I think I deserve it.

This world is ruled by the elite and if Bitcoin will ever replace fiat in this function nothing actually will change. One elite will replace by the other, those people who have a lot of coins. I suppose those theory is just the writer's opinion and it wasn't actually finished, because of I don't see all possible scenarios of development of the theory.

If Bitcoin falls nearly 10x and takes more than three years to return to the price you paid for it would you be able to take it? Because that's what happened to people who bought in 2013.

People who bought in 2013 also fully expected to be able to sell it for more the following month and year. If only life was that simple we'd all be rich.

You are so close, but the game is not completed yet ...

True the banks of today are going to change the same way they have always done, the banks of some centuries ago are very different from the banks of today, so it is important to know that banks are not going to give up their position without a fight and in case they fail to destroy bitcoin they are just going to integrate it in their operations somehow.