Bitcoin Forum
March 09, 2026, 02:28:41 AM *
News: Latest Bitcoin Core release: 30.2 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 568 »
1  Economy / Gambling discussion / Re: Be A Gambler or Train a woman in Shool on: March 07, 2026, 12:32:30 PM
Which is better?
Training a girl through school with the intension of marrying her or gambling with the money?
Recently there's something that has become a bit common to have been happening in our society though it doesn't happen all of the time. 
A man who see a girl through the University with the intension of marrying her, proposes to her and at the end the lady turns the proposal down. This just happened recently again and the lady even went as far as slapping him. People commented some below comments;
1; it is better to gamble with my money than see a woman through school.
2. Do not insult a gambler if you are Training a girl in school because you are both  thesame. It is a 50, 50 chance of winning for each case.
3. It is better for Man-U to cut your ticket than for you to loose your 50k  on women.
ETC.
What is your taught on the above statements made?

I don't think I'm getting the whole story here. What do you mean by "train a woman in school"? Is the guy a university professor, who is dating a female student? This seems wrong. Do you have any info about why the girl rejected his proposal? I don't understand the connection between this story and gambling. Are you making a comparison between spending money on gambling and spending money on a girl?
If that's the case, I don't see any big difference. In both cases, the money are wasted more or less. In gambling you get a chance for profit, whereas with a girl, you get a chance for some bedtime activity and a relationship, but most relationships come to an end at some point.
2  Economy / Gambling discussion / Re: Do You Also Gamble While Working? I Tried It and It Messed Up My Focus on: March 07, 2026, 12:03:09 PM
Just sharing my experience lately. I’ve been really busy with some business problems I needed to fix, but at the same time, I was also betting on sports .. kinda multitasking while trying to manage both.

At first, I thought it was fine. I was watching games, checking scores, then going back to work. But honestly, it didn’t go well. I noticed I couldn’t focus properly on the bigger issues I needed to solve. And when my bets started losing, my mood just dropped even more. Instead of relaxing, it added stress on top of everything.

So I’m curious, anyone here experienced the same thing? Like when you’re working or handling serious stuff but still gambling on the side, does it affect your productivity too? Or are there people who can actually handle both without it messing up their focus?

I gamble mostly at evening after my worktime. I just don't want to mix gambling and work at the same time, because both my productivity and my gambling success ratio would drop. There's no point trying to focus on two things at a time. The term "multitasking" doesn't apply to gambling. Multitasking means doing several tasks at once. Gambling is not a task, it's a form of entertainment and escapism. I know that there are people, who can focus their attention on more than one subject, but I'm not one of them.
3  Economy / Economics / Re: Can stable coin weaken bank lending? on: March 07, 2026, 08:10:22 AM
I remember when Trump signed Guiding and Establishing National Innovation for U.S. Stablecoins Act (the GENIUS Act), some banks complained about this, but it was later that some people said it can not affect banks.

But again this is coming from European Central Bank, that stable coins could weaken bank lending and monetary policy in Europe

https://cointelegraph.com/news/stablecoin-deposits-monetary-policy-europe-ecb

What do you think about this?

Before you post, read what European Central Bank said about it first.

Most people would start using stablecoins and crypto, which would pull money away from bank deposits and weaken bank lending?
This seems farfetched. There's no explanation about how this would work and why would the people choose stablecoins over bank deposits. A bank deposit gives interest, while holding money in the form of stablecoins gives nothing in return. Most people, who keep their money in bank deposits usually hate risk and won't start trading on the crypto markets. This whole theory sounds stupid to me. I don't mind more people moving away from bank deposits. The bank deposits in my country are paying 0.0018% interest rate, which is a joke.
4  Economy / Gambling discussion / Re: Cashout as a strategy on: March 07, 2026, 07:47:05 AM
Quote
1- You bet on a team, they're winning, but their best player gets sent off and the opposing team is laying siege to their penalty area.

2- If you only have a few minutes left and the profit is already 80% or 90% of the total prize, sometimes it's not worth worrying about that remaining 10%.

3- Don't act out of nervousness. If you do this systematically, you'll lose money in the long run.

1.This is what most gamblers do, when they watch a game. If there's a possibility for their team to lose at the end, they cashout before the end of the match. This is the main reason why the cashout feature was introduced by most sports betting platforms. It gives flexibility, but it comes at a cost.
2.This also applies to the first situation.
3.This is pretty self-explanatory. If the gambler isn't nervous or panicking, he won't cashout before the end of the match. Fear and panic are the worst advisor.
I also do believe that the furious competition between the bookies would soon cause most sports betting platforms to remove the cashout fee, making the cashout feature more affordable for the sports bettors.
5  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Ecosystem will be hurt much more by Tether's collapse than FTX. on: March 07, 2026, 07:18:26 AM
Quote
The Bitcoin Ecosystem will be hurt much more by Tether's collapse than FTX.

Note: This is not "FUD", sometimes reality matters, especially for people who pay attention.
Q) Is Tether uncertainty a Bitcoin topic?
A) In a worst-case event it will be one of the biggest topics in all of Bitcoin history.

Replace the word "ecosystem" with the word "price" and you will be right. The FTX collapse didn't hurt the Bitcoin ecosystem. It caused FUD on the crypto markets and a BTC price drop, which was temporary and the BTC price recovered after several months and started a bull run.
The Bitcoin ecosystem(the BTC blockchain and protocol) has nothing to do with Tether. Tether transactions are handled on different blockchains. If Tether collapses, the Bitcoin price would most likely go down to levels below 20K or even 10K, but the Bitcoin blockchain would be fine. Tether is the biggest USD stablecoins, but it's not the one and only USD stablecoin. If Tether ever collapses, USDC will take the lead and it will replace Tether completely.
6  Economy / Economics / Re: 15% of your income on: March 06, 2026, 12:40:50 PM
almost 10 years ago, i read that your rent or whatever you pay for your home should not exceed 15% of your monthly income. now in 2026, many reports are saying that there definitely is a housing crisis.

with some saying this could be worse than the 2008 crisis. do you still believe that only 15% of your income goes to rent or house expense? is housing expense your biggest expense monthly?

The current housing crisis is mostly due to housing prices being too high. The 2008 crisis was caused by the housing prices collapsing. There's nothing in common between those two situations. I would mind the current real estate prices to collapse just like they did in 2008. Houses and apartments have become too overpriced and many big corporations have entered the real estate market with the intention of buying low and selling high. Owning a house or apartment(or multiple houses and apartments) shouldn't be a speculative investment. The governments must step in and regulate the real estate market. 
7  Economy / Trading Discussion / Re: A Million Dollars in 12 Steps on: March 06, 2026, 12:18:46 PM
Quote
My initial deposit will be $5,000. But my first trade will only be for $500. The rest will be margin. I'll be opening trades with 10x margin.

These are the steps: $500 > $1,000 > $2,000 > $4,000 > $8,000 > $16,000 > $32,000 > $64,000 > $128,000 > $256,000 > $512,000 > $1,024,000

So you want to double your profits with every trade? Even the biggest day trading gurus don't have such success rate. I'm sorry to admit this, but I'm skeptical.

Quote
I'll keep the million for myself. Because I need it

I thought that you won't need a million dollars. I trading genius like you must be a millionaire already. Day trading is easy and everyone can make a million in no time. Grin

Quote
But I'll give the rest $24,000 in Bitcoin to one of the forum participants who will give me moral support.

Why are you so sure that you are going to make 1024000 dollars? Keep your 24K dollars(you haven't even made that amount so far). Moral support? I don't think that giving you moral support would do the work.

OP, is this some kind of joke forum thread? April fools is a month away.
8  Economy / Gambling discussion / Re: It's ruined my life': Hundreds tell BBC how medication triggered gambling on: March 06, 2026, 11:48:57 AM
This is worth to be read, it is not about drug addiction but about drug that is prescribed by a doctor to their patients.

One mentioned is a women that developed Restless Legs Syndrome (RLS) during pregnancy that become worsen over time (a condition thought to be linked to levels of iron). She was prescribed Ropinirole, a drug that can increase dopamine activity in the brain.

Not just this woman, several people have noticed that such during that increase the dopamine activity like this drug caused them to gamble more, leading to gambling addiction. Not only that, but also the people can develop hypersexuality and be having extreme urge to have sex. The drug also caused increase in shopping.

https://www.bbc.com/news/articles/ce948d9gxevo

This is the first time I hear about a drug that can cause you to become a gambling addict. Gambling is addictive by design and this drug causes increased dopamine production in the brain. This can worsen all types of addictions, not just a gambling addiction. The patients would have to sue the doctor, that has prescribed that particular drug, but I wonder what the court would decide. The doctor didn't prescribe that particular drug with the idea of making her patients addicted. It was a side effect and the patients must have been aware about that side effect.
I'm glad that I don't take pharmaceuticals and I don't visit my doctor. Grin
9  Economy / Economics / Re: When should you sell your bitcoin? on: March 06, 2026, 07:49:41 AM
If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin? Its different from stocks as it does not give dividends and is not like real-estate that helps you preserve wealth as the movement of it fluctuates and is very erratic. Ive also seen some posts on other forums talking that in the far or near future, bitcoin would become a common medium of exchange and would further increase its purchasing power? I find it speculative but its also plausible.

You could sell BTC at any time you want. What do you mean by "is that timeframe sufficient enough to sell BTC"? Do you plan to sell BTC after 10 or 20 years? Some stocks give dividends, while others don't. There's always a risk of the company going bankrupt. Real estate does help you preserve wealth, but location is the most important factor when investing in real estate and there's also the problem with liquidity. Some real estate properties take a lot of time to be sold, while others can be sold way faster. Please don't believe the people, who say that Bitcoin would become a popular medium of exchange. This probably would never happen.
10  Economy / Gambling discussion / Re: Possible insider trading on Polymarket on: March 06, 2026, 07:24:25 AM
The 6 users created an account each on Polymarket in February, bet that the United States president will launch an attack on Iran before the end of February. In several cases, shares were purchased only hours before explosions were first reported in Tehran, with some contracts acquired for around $0.10, per the report.

https://cointelegraph.com/news/polymarket-traders-1m-us-iran-strike-insider-trading-concerns

Is this not suspicious?

"Suspicious" isn't the right word to describe this anymore. Insider trading on Polymarket is obvious at this point. I read some news about Polymarket facing backlash, because there were open bet markets on the death of Ali Khamenei or something. Sooner or later, Polymarket will have to comply to stricter regulations and all the people's bets on certain events would be limited. Betting money on when a person will die isn't gambling anymore. I was expecting the USA to hit Iran by the end of February as well, but I didn't bet money on this to happen. It was obvious that the USA is preparing to launch an attack on Iran and Trump gave a 10 day ultimatum for negotiations. I'm sure that the prediction markets and some bookies would soon be restricted on allowing the people to place bets on such events.
11  Bitcoin / Bitcoin Discussion / Re: Fiat's "progress" on: March 06, 2026, 06:57:01 AM
Were did you get that quote about "improved standard of living" from? Getting a super expensive not-so-good looking house with a 30-year mortgage is "improved standard of living"? Living paycheck to paycheck and drowning into credit card debt is "improved standard of living"?
Going bankrupt every time you get an injury and having to visit a hospital is "improved standard of living"? To be honest, Bitcoin doesn't solve any of these problems. BTC is simply a tool, which can be used to preserve your wealth. The problem is how fast you generate enough money in order to maintain a good standard of living. Bitcoin cannot help you with this. The mass adoption of BTC in the USA won't solve all the problems with expensive healthcare, growing inequality, stagnant wages, unaffordable housing and all that sh*t.
12  Economy / Trading Discussion / Re: Is LocalCoinSwap a Scam? on: March 05, 2026, 12:24:30 PM
I’ve been exploring LocalCoinSwap , and honestly, the red flags are everywhere. While the platform claims to be a safe P2P space, my recent experiences suggest it's a playground for scammers. Here’s why:
The Face-to-Face Trap: I found ads for Cash in Person trades. However, once you open a trade, they demand a 25x markup on the price.
Insane Terms: These sellers demand that I hand over the cash and let them leave, claiming they will transfer the BTC 2 hours later. Their excuse? You might take the cash back by force. This completely defeats the purpose of a P2P escrow and is a blatant setup for theft.
Biased Arbitration: I tried trading a Walmart gift card. The seller opened a dispute claiming too many refunds on the card (a vague, nonsensical excuse). Without a single word from the support team or asking me for evidence, LocalCoinSwap cancelled the trade. No transparency, no investigation.
The Irony: The only honest traders I found were those with low volume. which I trade with out the platform to avoid locking the coins in such escrow (I'm speaking about cash in person).
Has anyone else had these issues? Is the platform's arbitration team compromised, or are they just neglecting the massive influx of scammers?

Localcoinswap is basically the same as Paxful(AFAIK, Paxful had to shut down operations) and marketplaces like Paxful are known for years to be a scammer's paradise. Cash-in-person traders should be banned completely and Crypto-to-gift card traders are very risky. There's always the possibility of running into a scammer, who will just redeem the gift card and open a dispute with a nonsense explanation. I don't have detailed information, but I can assume that the Localcoinswap customer support tolerates the scammers, because they want more traders on the platform(which defeats the whole purpose, because the scammers will scare away the normal traders). Anyway, selling gift cards for crypto had always been sketchy, mostly because those gift card sellers have other options to sell the Gift cards(websites like Gird Card Granny or the Gift Card Exchange subreddit on Reddit).
13  Economy / Speculation / Re: Bitcoin blasts back over $73k on: March 05, 2026, 12:03:45 PM
The Bitcoin price went up to levels above 90K USD when Trump kidnapped Maduro, but that didn't last for more than a day or two. Maybe this is going to be another short term price pump. I'm also wondering why the BTC price is going up right now. Somebody is buying BTC, while everyone is buying gold and the stock markets are going sideways(or maybe they are going down). Oil prices are also going up and the global economy might be heading towards a small recession. Maybe the missile and drone strikes will end by the end of March and things will get back to normal in April. I'm disappointed by the current BTC price pump. I want the bear market to continue and the BTC price to keep going down. Grin
14  Economy / Gambling discussion / Re: ⚽ Premier League 2025/2026 Discussion Thread ⚽ on: March 05, 2026, 11:41:43 AM
The most surprising results in the Premier League were Manchester City-Nottingham Forest 2-2 and Aston Villa-Chelsea 1-4. City made another mistake and it seems that they are losing the battle for the Premier League trophy. I wasn't expecting Aston Villa to be humiliated at their home stadium against the not-so-consistent Chelsea. Even Cole Palmer scored a goal for Chelsea. Villa's defense was destroyed by Chelsea. Arsenal won in a rather boring match against Brighton with a pretty lucky goal, while Brighton missed a really good goal opportunity. I really don't expect Tottenham to win versus Crystal Palace so I might put a bet on those teams ending in a draw.
15  Economy / Economics / Re: A US CBDC: Inevitable? on: March 05, 2026, 07:53:45 AM
I'm aware that Trump and the Republicans proposed the Anti CBDC Act, but so far, it hasn't been ratified by both chambers of Congress. Assuming Democrats win the 2028 elections by a landslide, they might give the "green light" for a US CBDC. I mean, other countries are moving ahead with digital currencies of their own. The US wouldn't want to be left behind, so it will move full-steam ahead with the "Digital Dollar". Then, it will be a "battle" between the EUR and USD in a fight for "supremacy".

What do you think? Will a US CBDC inevitably happen? If not, why?

Your input would be greatly appreciated. Thanks.

The project for a European CBDC has been postponed to 2028-2029. The "digital euro" was called "a solution, that is looking for a problem" by a top tier central banker in Europe. The Trump administration doesn't want a "digital dollar", but they are favorable towards all USD stablecoins, since the GENIUS Act was approved. Does it really matter for us, if the "digital euro" or the "digital dollar" become a thing after several years? We already have US dollar and Euro stablecoins. I don't see such a big difference between a CBDC and a stablecoin. Maybe the only difference would be that the CBDCs are being issued by the central banks.
16  Economy / Gambling discussion / Re: Betting on vehicle traffic on: March 05, 2026, 07:21:44 AM
Quote
I came across a rather curious type of bet, at least new to me
Traffic betting  Cheesy Cheesy Cheesy
You bet on how many vehicles will cross a certain intersection/traffic light

Has anyone here seen this before? Have you ever bet on it?
It's called Rush Hour

Every event, that has a random outcome can be used for betting. I wouldn't place bets on such events, because I find it really boring.
There's nothing fun in counting the cars in a rush hour and hoping for your bet to end up being profitable. What if such "vehicle traffic" bets can be manipulated? Someone could hire several Taxi drivers or Uber drivers and tell them to cross that traffic light at a given time of the day(the rush hour). This can definitely have an influence over the outcome of that particular event. If the outcome can be manipulated, then maybe the bookies must think twice before accepting such bets.
17  Bitcoin / Bitcoin Discussion / Re: Why we may continue to see a slow adoption of Bitcoin in developing countries. on: March 05, 2026, 06:58:52 AM
When we look at the advantages of Bitcoin, we point towards the ease or would have on solving the problems of flat currencies in the economy of developing nations, instead we see a strong resistance to follow the lead of nations like El Salvador and fully adopt Bitcoin.

This could be a reason why;
It's no news that highly infected economies use the inflationary trends to pay less dept in their nominal currency and then apply for more debt.
But with Bitcoin, this would not be possible because;  Bitcoin has a fixed supply, it's impossible to inflate it to service a debt, is not dependent on a state's fiscal policy, and can't be manipulated by a government.

Bitcoin makes it impossible for governments to inflate debt obligations. It forces a system where Fiscal policy in honest.

Hence a resistance to its increased adoption!

What do you mean by "highly infected economies"? Do you mean the economies of underdeveloped countries? I don't know about any underdeveloped countries, that are paying their debts with their national currencies. Their debts are mostly in US dollars. No country would ever agree to pay it's national debts by using Bitcoin. BTC is highly volatile and national debts should be denominated in relatively stable fiat currencies like the US dollar(yes, I know that the US dollar is losing value as well, but the process is slow and the US dollar isn't volatile).
There are other reasons why BTC/crypto isn't adopted at a large scale by the underdeveloped countries, this has already been discussed multiple times on the forum.
18  Bitcoin / Bitcoin Discussion / Re: Risk of holding bitcoin forever on: March 04, 2026, 12:21:14 PM
Those who invested in bitcoin at the time when it was launched and forgot about it, there are many among these who forgot their password. That is like losing all your money just because you held very long. Those who are investing now and plan to hold forever, are they in better position or their fate will be similar ?

OP, you are making forum thread about a topic, that has been discussed a thousand times on the forum. Just read what Satoshi Nakamoto wrote more than a decade ago. The Bitcoins in wallets, where the owner had lost access are a "donation" to the community, because Bitcoin is getting more scarce. Who the hell is investing in BTC now and planning to hold "forever"? That doesn't make any sense. Every investor wants to sell at a higher price in the future. What's the point of HODLing forever(until you die)? Nobody is going to benefit from such "strategy".
19  Economy / Gambling discussion / Re: Who are you in gambling (winner or loser)? on: March 04, 2026, 11:54:47 AM
Reading this thread ( What have you achieved through gambling? ) inspired me to create this poll (in many posts, users indicate that they've gained almost nothing from their gambling hobby). Why? I was curious: how many users (at least within this section) actually gain anything at all at the casino? I'm not talking about the "entertainment" aspect, but rather the financial aspect.

By the time you read this thread, what is your status: a winner (in profit) or a loser (in deficit)?

Or, due to the approximate ratio of losses to wins, you've earned and lost approximately nothing. That is, at zero.

In this poll, I don't mean the number of wins and losses, but rather how much you earned or lost (expressed in money).

As I expected, the "I gamble for fun and don't count the money" category is the biggest one. I'm also in this category. I've lost more than I have gained, but I don't care. There's a house edge in every online casino. Should we really expect to win more than we spend on gambling. Do we really have to gain something out of a toxic activity like gambling? There's no way to gain anything out of other toxic forms of entertainment like porn, videogames, drinking alcohol, but they are fun. The only thing we get from gambling is an adrenaline rush and excitement. Financial gains out of gambling are possible only if you are extremely lucky and you decide to quit right after a big win.
20  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2025/26 on: March 04, 2026, 11:29:03 AM
Despite losing 0-3 in the second leg, Atletico Madrid deserved to play in the final for the Copa del Rey. Atletico's defensive play wasn't enough for this achievement. Atletico has great goalkeepers, not just Jan Oblak, but their second goalkeeper Juan Musso is also pretty good. He made a great match and saved several goal opportunities, which were missed by Barcelona. It seems that Diego Simeone's strategy is "just have a great goalkeeper". I good goalkeeper is worth half a team, as they say in my country. I would bet money on Atletico Madrid winning Copa del Rey for the first time since 2013.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 568 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!