Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?
The underlined word is "to pitch a Bitcoin investment idea"; What exactly do you mean by "Bitcoin investment idea"? Is there something revolutionary and ground breaking about your "investment idea"? All your friends and family could simply install Electrum wallet and buy a decent amount of BTC by themselves. Why do you have to pitch them a "Bitcoin investment"? Do you want to tell your friends and family "Just give me your money. I will invest in Bitcoin and give you 198583% profit in return! A can guarantee that this is going to work."? This smells like a scam to me. Making business with friends and family, asking friends and family for money and promising them big returns seems like a recipe for disaster. You don't want to ruin your relations with your friends and family, don't you? |
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So far I've watched only Spain-Croatia. The other matches seemed kinda boring to me. Scotland clearly disappointed against Germany and Switzerland had no problems against Hungary. Albania has a chance to equalize in the last minutes against Italy, but they've missed.
Spain scored all their goal opportunities in the first half and Croatia missed two opportunities to score. The situation with the penalty during the second half was weird. I thought that the Croatian player was simulating. I wasn't expecting Spain to be so effective at scoring goals. Maybe the Croatian defense had problems. I don't have a clear favorite for winning Euro 2024. Let's watch more games and enjoy the football.
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Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?
Would you try?
What are the benefits? ... and the setbacks.
Yes, you could try to memorize the 12 words, but what's the point? You could still forget several words. I wouldn't bother with memorizing my seed phrases. Why are so many Bitcoiners obsessed with their seed phrases and private keys? Is anyone trying to hack you? Having decent knowledge about how to protect yourself from getting hacked and having a decent anti-virus should be more than enough for protecting your BTC wallet. What do you mean by "my place isn't secured"? Do you live in a town with high levels of criminal activity? Do you lock your door every day? |
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I noticed on the news that a man won a lottery and when he arrived to claim his prize, he was requested to state or provide information about where he purchased the lottery ticket, which he couldn't do because he didn't know where he obtained it. It drew my interest, and I wondered if forum users could still tell where they purchased all of their lottery tickets in the previous six months (For those who still engage if physical tickets).
If you’re interested in the news you can read it here: https://toronto.ctvnews.ca/ontario-man-can-t-collect-lottery-prize-after-he-forgets-where-he-bought-ticket-1.6924708That's a weird requirement. The guy has a winning ticket. Why does he have to provide info about where he bought it? I'm sure that the lottery administration can verify whether the ticket is real or fake. Providing info about where he bought it seems unnecessary. I don't buy lottery tickets, but I live in small town, so there's only one place where you could buy tickets. I guess that such problem won't occur to me, if I ever buy some tickers and win the lottery.  |
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Has your love for Bitcoin surpassed your love for country? If your government threatens arrest for anyone found to still be involved in bitcoins, are you willing to go to jail even if it is just for a day?
Will you be willing to relocate from your country to another region if the environment becomes unsafe for people like you who have invested in bitcoins?
I think that the word "love" isn't appropriate. I don't love Bitcoin. BTC is just a financial asset, why would anyone love a financial asset or currency? Maybe you should change your wording to "Do you like Bitcoin?" or "Do you prefer Bitcoin?" I don't consider myself to be a big patriot, but I definitely don't love money more than my country. Moving away from your country, just because the situation is bad has nothing to do with loving your country or loving Bitcoin. You just have to do the best you can to preserve your safety and your wealth. If there's war or government oppression, I would run away from my country, even if I had zero Bitcoins. |
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Since Bitcoin is a completely decentralized currency, there is no way to know when and how much money is being sent to whom, both the sender and receiver remain anonymous. So Bitcoin is used to buy and sell various criminal and illegal products. So various arms smuggling activities are paid through Bitcoin. Also, all transactions on the dark web are done through Bitcoin. Which is very sad for us
It is essentially a perfect medium of transaction for all the terrorists and criminals of the dark web. This is why the governments of different countries have declared Bitcoin illegal in their countries. If these actions could be stopped somehow, Bitcoin would be legal in all countries of the world. But in any case, I hope that slowly Bitcoin will be able to gain legality in all countries.
I have the feeling that OP is yet another newbie, who yesterday found out that Bitcoin and decentralized cryptocurrencies exist. This topic has been discussed a million times before, but I guess that OP is too lazy to do a forum search and find older threads about it. Bitcoin can be used in the dark web only via Bitcoin mixers. Transacting BTC thru the dark web without a trusted mixer can expose you. I also think that Monero is more popular than BTC in the darknet. Bitcoin is nowhere close fiat money, when to comes to illegal transactions and money laundering. OP, can you mention all the countries that have banned Bitcoin? Bitcoin is being banned mostly by underdeveloped countries that are governed by dictators. I wonder why... |
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Please move this forum thread to the Gambling Discussion forum. The Gambling forum is more about Casino announcement threads. Ah yes, Reddit is full of helpful people. I can agree that most gamblers aren't the smartest people on Earth and seeking advice for your debts and gambling addiction on Reddit is kinda hilarious. Jokes aside, the best advice would be "quit gambling, get a job, pay back your debts". This is easier said than done, but there's no way around. The gambling addict would be completely delusional, if he thinks that he will recover his losses and pay back his debts just by winning big on sports betting. |
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I'm not going to reveal how many BTC I have right now. It's not that much, so there's no reason for me to brag about it. I had 1.25 BTC back in the summer of 2015, but I sold it because I was expecting the price to drop from 300 USD down to 100 USD. I remember having around 0.33 BTC back in 201-2017 and I sold most of it before the big bull run. Yeah, I know I wasn't a good trader back then. I don't know how many BTC I have earned from sig campaigns in the last 8 years. The amount must be decent, but honestly I don't care about this information. |
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My question.... If the government could find utilizations on the citizens for taxations on generating funds for infrastructures and other government services , why don't they invest on the citizens or support those with the potentials to productiveness knowing quite well that once they makes success, they would be demanded to also contributed to the growing structures of the economy?
What the government knows is that if a successful individual refuses to comply with the government order, they will get you frustrated tending to fold your productiveness qualities or you go to jail.
So, why don't they tax the poor who barely struggle to eat?:Simply because they found those set of citizens useless and the prison will be occupied if charge them for not paying taxes since there are more Poor people than the rich in the society. OP, is it just me or your English is kinda broken. I don't understand everything you are trying to say in this forum thread. The government is paying for your education and healthcare with the tax payers money. The roads and streets you are walking on are built with money coming from the tax payers. Yes, I agree that the rich and more productive people are forced to pay higher taxes, but that's the main concept of the "welfare state". When you have more, you contribute more to the society. I don't think that the poor people are completely useless. They can contribute to the society by doing different kinds of labor, instead of paying taxes(since they have no money). Such labor could be cleaning the streets, for example. |
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Who remembers this old line- the lottery is a tax on people who don't understand math. Let's shift from the lottery and talk about gambling. In gambling do you think that your understanding of math would make you better at gambling. Not necessarily by making you hit the jackpot, but in winning moderately, gambling responsibly, and in choosing strategies for games like poker or blackjack, over games of pure chance like slots or roulette? And now, back to the lottery quote, do you agree?
The actual line is "Lottery is a tax on the stupid". I don't know how did you come up with this "people, who don't understand math" thing. I watched a Youtube video about a Romanian mathematician, who found a method to consistently hit the jackpot at lottery games. I don't know if this was true though. Counting cards was a thing in traditional gambling, I still remember the movie "Rainman", so I guess that you have to be autistic in order to count cards. The whole concept of having consistent wins via gambling(even if they are moderate) is a big lie. If the gamblers were able to make small consistent wins, the casinos would simply go bankrupt in the long run. |
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And why do we have to compare Bitcoin market cap with banks market cap? Is Bitcoin a bank or something?
Bitcoin is supposed to be a currency. Why don't you compare the BTC market cap with the amount of US dollars in circulation?
NVIDIA has a market cap of 3 trillion. And so what? Micro-chips are a product that is in demand. The demand for Bitcoins isn't growing that fast. All those market cap comparisons are kinda pointless. After several months or years, the Bitcoin market cap might drop below 1 trillion.
There's no guarantee that the BTC price will keep growing up forever.
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Egypt to win,
France to win Canada,
Switzerland to win Austria,
Portugal to win Croatia and
Sweden to win Serbia in their respective games, I usually hate betting on friendly matches, because unpredictable results seem to appear more often(well, that's just my opinion, I can't back it up with statistical data). It's not the end of the world. Just move on and forget about it. The teams on your betting list seem to have similar strength(except France vs. Canada) so it's not surprising that Croatia won against Portugal or Switzerland and Austria ended 1-1. At the end of the day, luck is still an important factor in sports betting and we shouldn't be emotionally attached to our wrong decisions. |
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Sure, you might snag a few wins, but in the long run, you WILL get rekt.
Bitcoin is an unstoppable train. If you don't believe in its power, don't hop on.
But here's the golden rule: Never bet against Bitcoin.
Do you really understand how the "bears" are making their profits? They are selling at high prices, buying at lower prices and keeping the profits. Selling BTC at 70K USD and buying back BTC at 60K USD doesn't mean that they are leaving the Bitcoin market or betting against Bitcoin. Shorting is basically the same process as selling high and buying low(the opposite of what the "bulls" are going-buying low and selling high). There's nothing wrong with shorting Bitcoin. The BTC price will always have it's drops and bear markets here and there. The bears aren't doing anything illegal or morally wrong. This is an open market and the traders on that market can choose whatever strategy they want to make a profit. |
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corporate social responsibility (csr) is an activity carried out by companies on the social and environmental impacts caused by their company's operations, and in this case, casinos have the potential that their operations can cause many cases of addiction in society. there have been many cases of addiction caused by gambling and usually the families of these victims bear the costs of rehabilitating these addicts themselves. usually the family will pay for the various needs of these addicts, such as food, hospitalization, etc., and that is not a little because there are addicts who need months to recover.
my question is, do casinos need to be charged to carry out csr to rehabilitation centers so that these rehabilitation centers can provide discounts for cases related to gambling addiction? and what about online casinos, how should they carry out csr since they operate globally?
I agree with the idea that the money coming from casino/gambling taxes should be used by the government and the healthcare system to cover rehabilitation expenses. However, I'm not sure that many countries around the world are going this. Are the online casinos with a Curacao gambling license paying any taxes? I'm not sure about this. I think that corporate social responsibility is usually conducted voluntarily by many businesses, and the governments shouldn't make it mandatory. The crypto gambling industry is really competitive and I don't think that any crypto casino would decide to spend money on rehabilitation and voluntarily lower it's profit margins. |
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I am working to get my bitcoin off of exchanges and into cold storage but I had a question regarding transaction prices. As more adopt Bitcoin, transaction prices are going to increase as there is more demand for blockspace. Is there any documentation or research into what transaction fees may look like in a world where Bitcoin is more widely accepted? I am worried that from an individual level the blockspace may become so valuable that moving Bitcoin on and off a personal cold wallet may be unfeasibly costly for the average user.
My understanding is at the current moment while it is still becoming adopted, the value of the Bitcoin held should scale with the transaction costs. I am more wondering about long term viability of personal cold wallets, and how the different layer 2+ scaling projects (lightning, Fedimint, etc.) as well as custodial services may play into the long-run transaction costs. Anyone with knowledge or resources they could point me to would be greatly appreciated!
I'm not sure that Bitcoin is going to be truly "globally accepted". And by "globally accepted" I mean Bitcoin becoming a truly mainstream global currency. This most likely would never happen. Bitcoin would be more like "digital gold", a financial asset that is mostly used by the big institutional investors to add in their portfolios. The problem is that those big institutional investors could afford to pay ridiculous transactions fees. This could scare away the small BTC investors. I don't know about any potential solutions of this problem, since I'm not a Bitcoin Core developer. |
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1. Coach.
2. Judging.
3. Player injuries.
4. Season of the year. What do you mean by "judging"? Are you talking about the referee and the decisions he makes during the game? How can this be predicted? The "coach" cannot be one of the main factors, when predicting a single game. For example, Manchester City has a great coach, but they've lost several games across the Premier League season against theoretically weaker opponents. Can you blame Pep Guardiola for those losses? The lack of important players, that are missing because of injuries and red cards is the most important factor, when we are trying to evaluate the strength of a team in a particular match. |
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That's good advice, but why is this forum thread in the Economics forum? Maybe you should move it to another forum.
This topic isn't about Economics and finance. It's about hiring lawyers/attorneys for your business.
I don't think that many forum members have an actual business and I don't think that they are dealing with signing contracts with other businesses. I personally don't own a business and I don't plan registering a company anytime soon.
Lawyers are expensive as hell where I live. Maybe that's why many small business owners don't want to get a lawyer.
What is this rblaw website? Is this website yours?
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For Duelbits, it's offering 1.85.
For Stake, it has 1.80.
For Sportsbet, it has 1.90. Yes, I would definitely stick to my favorite casino, because I trust it. The odds don't matter that much. There might be some shady unknown bookies offering odds like 2.5 or 3 for the same games, but I'm always cautious. If something seems too good to be true, it most likely is a scam. Of course, you could try other casinos, that are offering higher odds, by placing a small bet in them, but I'm just too lazy to do this and I don't care that much about the potential profits. I'm kinda conservative and I would always choose reliability over profit maximization. |
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I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?
Bitcoin might be volatile in the short term, but the BTC price keeps growing steadily in the long term(despite any short term price drops). This makes BTC a good investment for the portfolios of many investment funds and corporations. Almost no country in the world(except El Salvador) is going to buy BTC and add it in it's currency reserves. Maybe some other underdeveloped countries could follow El Salvador's example in the future. Bitcoin isn't dangerous. What are you talking about? The only danger related to Bitcoin is the big western countries suddenly deciding to ban BTC trading and mining. However, I don't believe that this will be happening anytime soon. Why don't you post a link to the Youtube video you just watched? |
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This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?
I think that the winter-spring bull run has ended. It's clear that the BTC price can't push above 70K USD. I expect a slow decline during the summer and another bull run in the last three months of 2024. The bears will have a chance to make some profits during the summer. Maybe the massive bull run will begin in 2025, when finally the global conflicts in Ukraine and Gaza will have to deescalate and the FED will start lowering the interest rates. I actually heard some news that the European Central bank lowered the interest rates recently. This is a sign that the period with high interest rates is coming to an end. |
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