Bitcoin Forum
May 09, 2024, 12:45:41 AM *
News: Latest Bitcoin Core release: 27.0 [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 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 ... 469 »
741  Economy / Gambling discussion / Re: If you quit that's when you lose! on: July 20, 2023, 06:26:54 AM
There's a popular  remark among gamblers in the part of  my country I reside. The saying is expressed like this "if you quit that's when you lose".  They use this statement to encourage and give futuristic hope to themselves that no matter how much they loss today or how many wagers they have lost they don't need to quit as it's possible you may be the next jackpot winner tomorrow. For it's like say don't quit yet there may be a light at the end of the tunnel.

From what I observed from this statement is that, many of these gamblers have been misled by this very remark of a hypothetical hope which has liquidated their account.  While some who would have quit gambling long ago still hedge their hope on the idea behind the statement and keeps wagering.

Now let's take this to a discuss; how correct is this statement? And is there any similar statement like that in your home-country that's popularly used among gamblers to encourage themselves from quiting gambling because they're losing?
Or would you allow your decision to quit gambling to be affected by any popular statement among your fellow gamblers or it's a no no thing for you?

AFAIK, day traders had a similar statement. "If you sell, that's when you lose." Maybe day trading has some similarities with gambling.
This is clearly a delusion. Gambling isn't supposed to be about winning or losing. It's supposed to be about having fun, escaping from your everyday problems, relaxing and chillin. The moment you start thinking about making money via gambling that's when you have already lost.
I wouldn't allow my decisions to be influenced by anyone else(especially when it comes about personal finance and how I spend my money).
742  Bitcoin / Bitcoin Discussion / Re: Don't expect everyone to embrace Bitcoin on: July 20, 2023, 05:51:06 AM
The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.

Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?





I have realized that Bitcoin isn't for everyone ever since 2017. I don't want to force anyone in my social circle to get into Bitcoin/altcoins(and my social circle isn't big). I'm not trying to convince anyone that Bitcoin is "the best thing since bread" and I don't act like some crazy fanatic member of a religious cult. Grin The people must find Bitcoin themselves and they must make their own conclusions about whether or not Bitcoin is useful for them. Everyone has an opinion nowadays and everyone thinks that his/hers opinion is the best and most valid. This is a problem of the social media era, but I guess that we can't do anything about it. Haters gonna hate Bitcoin until the end. They have the right to express an opinion.
743  Economy / Economics / Re: Population: Economic strength or weakness on: July 19, 2023, 12:17:05 PM
The term "overpopulation" is used wrongly sometimes.
If the country has enough resources and enough fertile land to feed the huge population, then I wouldn't say that such country is overpopulated.
The problem is the lack of good healthcare and education systems. Education is necessary for creating a disciplined working class and small business. Creating good healthcare and education systems require big investments and most of the underdeveloped countries don't have enough capital. The lack of capital is a bigger problem than the big population. Having lots of young people is good for the future of the country, but those young people have to be educated.
744  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: July 19, 2023, 11:38:12 AM
Christiano Ronaldo was closed the possibilities to return to europe this because he feel comfortable to playing at Al Nassr moreover currently he was 38 years old so with his current age Ronaldo was very doubt his fitness still can able to playing at high level of competitions on Europe so that's why he was decide to staying much longer at Al Nassr

Pre season match for Al Nassr doesn't run well because yesterday they were lost with huge scores 5-0 against Laliga team Celta Vigo although Al Nassr were playing with their best starting lineup with Ronaldo and new player just like Marcelo Brozovic but Al Nassr unable to performing well and this is big alert for Al Nassr and they have to evaluated that loses however Al Nassr has 3 more matches for pre season against Benfica, PSG, and Al Shabab

Everyone knows that Ronaldo is done with playing football at the highest level.
The problem is that he made a butthurt statement about the level of European football going down and the Saudi League being better than the Major Soccer League. Perhaps the Saudi League will become better than the US, Turkish league and the Netherlands league if the Saudi clubs keep buying European and Latin American football players. There's no other way for the Saudi Arabian football to become competitive to any European league. Just throwing money at everything and everyone is a guaranteed way to succeed. Grin
Anyway, Cristiano Ronaldo is slowly turning into a laughing stock with his butthurt comments.
745  Bitcoin / Bitcoin Discussion / Re: Vanity Bitcoin Address: Pros, Cons #My_take_on_it on: July 19, 2023, 05:28:49 AM
Quote
1. Does the desire for a personalized address outweigh the privacy concerns associated with generating a vanity Bitcoin address?
2. Is the environmental impact of the computing power required to generate vanity addresses justified for personalization purposes?

1.Yes, if we are talking about a crypto business (even though I don't find any big marketing/branding benefit) and no, if we are talking about an individual.
2.He we go again with the environmental BS. Grin What if "the computing power required to generate a vanity address" was generated by using 100% green energy? All the people, who keep talking about environmental impact simply don't know how electricity works. Grin
Personally, I never really cared about having a vanity address, because I don't need one. I don't know about any crypto businesses using vanity addresses. Big crypto companies like the crypto exchanges usually generate lots of normal BTC addresses, which are used for a once in a while, so there's no point for them to generate and maintain multiple vanity addresses.
746  Economy / Speculation / Re: Bitcoin to $120k next year - by Robert Kiyosaki on: July 18, 2023, 10:37:41 AM
Does Robert Kiyosaki have a crystal ball, so he could predict what the BRICS countries will decide in August 2023?
Or maybe he has some insider information nobody knows about.
I have never heard anything about the BRICS countries planning to release a gold backed cryptocurrency. What I heard is the BRCIS countries wanting to create a payment system(or settlement system) for their national currencies. Maybe Kiyosaki knows something we don't know. Grin

USD will crash soon? I think this strongest currency will not be easily destroyed by anyone.
2024 bitcoin will reach $120k ? This makes more sense because many are predicting that 2024 will be a bullish year.
i also believe in 2024 bullish will come and lowest price of bitcoin will be at least $150k.

Bitcoin won't reach 120K in 2024. It will be more like 70K-90K USD and the price peak will be in early 2025, not in 2024. It usually takes several months after a BTC halving for the Bitcoin price to hit another ATH. I don't believe that a new ATH will be reached by the end of 2024.
That's my prediction. I don't guarantee 100% accuracy. Grin

747  Economy / Gambling discussion / Re: This is not Practical on: July 18, 2023, 06:33:01 AM
I have heard the advice that you should only use money you can afford to lose for gambling. I say that this is more theoretical than practical. Literally no one has money that they can afford to lose. I feel that money for gambling is a matter of opportunity cost. You either use the money for gambling or use it to meet a need. If using money one can afford to lose were practical there will be no need for articles on having a gambling budget or bank roll management. Hey gamblers my question is to you now is, the money you currently plan to use for gambling is it money that you can afford to lose?

I think that everyone, who has a decent standard of living has a monthly budget for entertainment purposes. He(or she) could spend that budget for going to the cinema, going to a short vacation, buying a new video game or playing gambling games at some online or offline casino.
The gambling industry is basically entertainment industry. The people spend money for entertainment, it doesn't matter if it's gambling or something else. The money, which are spent for entertainment fall into the "money you can afford to lose" category.
I don't advise people, who don't have a big enough monthly income to start gambling. This is a big no no.
748  Bitcoin / Bitcoin Discussion / Re: Why local currencies when there is bitcoin ? on: July 18, 2023, 06:01:25 AM
I guess that by "local currencies" OP means some kind of voucher system, which can be used to buy food and other stuff.
The national currency and legal tender in France is the euro. There aren't any other currencies.
In my country(a member of the EU) there's also a voucher system, where the workers get vouchers in addition to their usual salary, so they could buy food.
It's obvious that Bitcoin isn't the most convenient option for grocery stores, and that's perfectly fine. I don't mind living in a world, that has multiple currencies(fiat and crypto). Bitcoin cannot become the one and only currency around the globe. The people should have freedom of choice.
749  Economy / Economics / Re: Pool strategy of investment for wealth multiplication. on: July 17, 2023, 10:32:22 AM
Quote
I was surfing through my Instagram and saw a clip of an interview, on how an Arab family of 4 brothers, married their wives, live a big house, pool their funds together, invest in an asset and share the profit evenly among themselves. This way, they all had exotic cars and property and the wives and their mom only had to take care of the home while the brothers go do their work.
 This is one way wealth has been replicated for generations according to the  Arab man who granted the interview and I found this revelation quite intelligent and very helpful.

The pool strategy you are describing could help for building a "brick and mortar" business, but it doesn't make sense in the financial world.
Not in the crypto financial world, at least. I know that such investment pool schemes exist for decades, but they are mostly used to buy stocks or real estate properties.
What's the point of gathering the money of a bunch of people in order to buy a financial asset(like Bitcoin), when they all could individually buy the same asset? I'm not a big fan of such "pool businesses" because sooner or later conflicts will start and the pool will collapse.
I know about family businesses, that are destroyed because the family members had a scandal and started lawsuits against each other. 
750  Economy / Gambling discussion / Re: Gambling effects on LGBTQ+ People on: July 17, 2023, 05:37:51 AM
Recently research was held by Dr Reece Bush-Evans who told that online gambling could Hide the sexuality of the LGBTQ+ people and most of these people prefer online gambling as compared to physical gambling for obvious reasons.

The more important concern for the LGBTQ+ people is that they are being treated differently in a casino which may come under harassment. Also, the study says that people at the casino, the staff plus the public have shown discriminatory behavior towards these people.

New Research Explores Effect of Gambling on LGBTQ+ People

Can most of the LGBTQ+ people really be distinguished by their looks and appearance? I mean, most gay and lesbian people look completely normal and you can't tell whether they are gay or straight. How could the casino staff discriminate such people?
I understand that some of the trans gender people look really "flamboyant" and tend to stand out from the crowd by their appearance, but they are a really small number.
I have never seen LGBTQ+ gamblers in my entire life. Maybe that's the main reason. They are all gambling online.
Most gamblers are men. I also have never seen a female gambler in my entire life. Grin
751  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin leave to be decentralized on: July 17, 2023, 04:59:40 AM
From my theory of understanding bitcoin as a cryptocurrency I have view bitcoin in different ways and i understand that Bitcoin what kept Bitcoin valuable is because it's a decentralized currency, for instant assuming bitcoin was centralized the domain of the technology would have be affected or tempered. But I'm seeing that the Force of Bitcoin today to stand is because is a decentralized currency.

Learning is a continuous process


OP, I can see that you already have two posts in the Bitcoin Discussion forum. Wouldn't be nice if you combine your questions into one post, instead of having multiple posts created in a short time frame(which kinda looks like post spamming)?
Anyway, Bitcoin is valuable because of the secure transactions and the scarcity. Yes, decentralization also has a role in building trust and confidence among the people, who are using BTC. It's theoretically possible for someone to take control over BTC by performing a 51% attack, but the BTC price would drop and I assume that Bitcoin Core will be forked and most Bitcoin users will move to the version of Bitcoin, that isn't controlled by a centralized entity.
752  Economy / Economics / Re: Eu Cina vs USA russia oil vs Green energy on: July 16, 2023, 10:41:36 AM
Quote
The economic fight is over power in the world.
Eu and china want to move over Green energy.
The russia and USA power Will be dominant if old oil is king Same goes for AE arab countries.
Eu and china are much more advanched in green energy then russia or USA.
If russia wins then world Green energy not gona develope so easy.
But EU ally is china they both are good with Green energy.

USA is pretty advanced when it comes to green energy. I don't know where to do you get your info from.
This isn't about "green energy vs. conventional energy". It's about energy diversification. China is developing green energy, but they still use lots of oil and coal. The same thing applies to USA. I highly doubt that China and USA are going to get rid of oil and coal in the next decades.
What do you mean by "if Russia wins"? If Russia wins the war in Ukraine? The development of green power plants around the world has nothing to do with the outcome of the war in Ukraine. The EU isn't ally with China, the EU is dependent of China, because China has lots of raw materials for solar panels and China is a major manufacturer of solar panels.
753  Economy / Gambling / Re: Promote Your Gambling Platform for FREE on: July 16, 2023, 06:55:24 AM
I assume that you know the saying "if something is free, you are the product". Grin
I'm sure that there multiple websites like yours, offering free advertising space. The problem is that those website have no traffic at all.
You will have to invest money for advertising your own website first, in order to gather decent traffic and an active community. The problem is that your investment won't have any return, because everything you offer is for free and your business model is non-existent.
The best place to promote a crypto casino is Bitcointalk.org. Why would a crypto casino owner bother with trying other platforms(especially those that have almost no traffic)?
754  Other / Off-topic / Re: Cryptocurrencies and AI on the Big Screen on: July 16, 2023, 06:03:07 AM
Quote
The entertainment industry and the film industry are extremely influential and have a wide audience. and whatever the context, the film could arouse the interest and curiosity of viewers in these technologies (cryptocurrency and AI) in a fun and accessible context.

but more than that I think that this film could break with some stigmas and negative perceptions that surround cryptocurrencies, presenting them as something exciting and full of possibilities. It could foster a more open mind towards these technologies and allay the fear or uncertainty that some people may have due to a lack of understanding.

I haven't watched this movie, but I'm sure that the bad guys will be the ones using crypto. Grin The good guy will stick with fiat money. Hollywood is a part of the establishment. You can't escape the matrix. Grin
I also don't believe that a movie could break stigmas and negative perceptions that surround cryptocurrencies. This is just a movie...
Do you think that some crypto haters are going to watch this movie and become fanatic crypto supporters afterwards? Hell no.
I'm also pretty sure that this movie will fail at explaining what cryptocurrencies actually are and how they work. That's not the main subject of the movie and whoever created the movie script won't care that much about explaining the core principles of crypto.
755  Economy / Gambling discussion / Re: You must do this if you want to QUIT or NOT on: July 14, 2023, 11:04:16 AM
Quote
Now, if you still want to gamble but you don't want to become addicted to it, one of the things you should do in my opinion is:

1. Only set aside an amount of money that you will use to gamble in a casino.
2. Don't think that you will gamble to make money, because if you do that, you will surely have a problem later.
3. Just spend a few hours staying in a casino to gamble so you can avoid what you don't realize is wasting time that you should be spending on important things instead of gambling.

This doesn't seem like good list of tips for gambling addicts. I guess that you are targeting the newbie gamblers, who want to stay safe from getting addicted.
A true gambling addict cannot gamble moderately and cannot "spend a few hours in a casino".
The only solution for gambling addicts is to stop gambling completely and find hobbies, that are more productive and don't require money.
Of course, getting rid of addiction is a long and hard process, which requires help from friends and family.
756  Economy / Economics / Re: Things you should know about Money mindset on: July 14, 2023, 10:24:24 AM
Could you please show us the self-help book, out of which you learned all this info? I'm sure that you got all these ideas(or you copied the entire text) from a self-help book.
I usually avoid self-help/motivational books and videos, because they are just "feel good" content. They say "if you do this and that, you will become financially successful and you will achieve all your dreams". They portray a picture, where it's actually easy for you to achieve your goals, which is far away from the truth.
All this "money mindset" theory is way easier said than done. In reality, very few people are going to change their mindset about money, even if they read your forum post.
757  Economy / Gambling discussion / Re: Will you cheat in gambling? on: July 14, 2023, 06:34:22 AM
As a morally upright person that does not like to cheat people, but gambles and has lost a lot of money to gambling in a casino where you have sometimes been cheated even without your knowledge or betting on sports, will you take an opportunity you get and go against your moral standards to cheat a casino or sportsbetting place, just so you can win big at least even once.

Will you try a trick to win on casino game machines if you were told and it is a 100% working trick to cash out? Will you bet on fixed games if you get the tip early?

How do you imagine a gambler cheating a casino(it doesn't matter if it's online or offline casino)? Counting cards on an offline casino? This is extremely difficult for me and I know that the casinos have methods to catch gamblers, who are counting cards.
I don't know about any online casinos, that can be exploited. Even if such casinos exist, the exploit will easily get patched or the casino will simply shut down.
I would bet a small amount on a fixed sports event, but I don't believe that anyone would share verified information about fixed games for free over the internet.
758  Alternate cryptocurrencies / Altcoin Discussion / Re: Popular and Lucrative Ordinals Bitcoin NFTs- Where are my Ordinals Experts at? on: July 14, 2023, 06:03:20 AM
Hi All,

I imagine this post might be met with a high degree of skepticism but like it or not these ordinals seem like they're going to exchange hands no matter what and we have an opportunity here to make a lot of SATs with just one sat!!! A popular sat. A cheeky buggar sat, eh?

I want to know what is the best website to trade ordinals NFTs as well as to get informed on what are the trending Ordinals right now on the market, up and coming airdrops that you may all know of. I would like to know what is the best wallet to use for this as well? Might as well play around with it. Who knows could end up getting some really good ones that increase in value for a short time enough to cash out and get your chips up, savvy?

Cheers,

TREAD

The only people, who are making actual money out of NFTs are the ones, who create a bunch of NFTs and then invest in creating hype/fake scarcity/urgency around those NFTs. When the hype hits the roof, they sell those overpriced NFTs and take the profits.
Good luck trying to make big long term profits by buying and reselling NFTs. It doesn't matter if it's Bitcoin ordinals or the NFTs that were based on the Ethereum blockchain. Everything is about marketing a creating hype around an overvalued "product".
759  Economy / Economics / Re: Can Twitter Stock Experience the same Rise? on: July 13, 2023, 10:56:14 AM
It's easy to gain new users for this Threads app, since Meta owns Facebook, Instagram and Whatsapp.
It's pretty clear at this point that Threads was built to be Twitter's competitor and maybe it will attract all the advertisers, who left Twitter.
I hear news about Zuckerberg hiring people, who were fired at Twitter by Elon Musk(and Musk isn't happy at all).
Meta stocks are getting a short term price pump, because the investors have positive expectations about Threads.
The idea of Elon Musk building a Twitter clone app is the stupidest thing I've ever heard. The only right move for Musk would be to leave/sell Twitter.
760  Economy / Gambling discussion / Re: Your Thoughts On First Time Lottery Bettor Who Won Big Amount? on: July 13, 2023, 06:15:46 AM
Lottery here in our country is being run by our government and the majority of the citizen in our country are lottery bettors for many years, I personally know people who are betting for ten or more years but they still have not hit the jackpot I wonder what these people think or if you're a lottery bettor for many years and you read that one first time bettor hit a huge jackpot in a lottery.

Will you feel envious? Ok with it? or motivated?

Filipino first-time bettor wins 15 million Dirhams in Dubai lottery

Why should I feel envy about another guy being lucky? Luck is luck, either you have it or you don't.
I definitely don't feel motivated by such news. I have always been skeptical about my luck and I don't believe that I'm going to win the lottery jackpot. There's a reason why lotteries are called "tax for the stupid". I have bought lottery tickets in the past with zero success.
My mother always urges me to play the lottery. I don't know why. I guess that she has that delusional hope, that I'm going to win someday.
Playing the lottery every day actually doesn't increase your chances of winning the jackpot. There was a Romanian mathematician, who had found the formula for winning almost every lottery, but it requires buying lots of tickets at once(which is big investment).
I don't remember his name.
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 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 ... 469 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!