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1441  Economy / Economics / Re: Risk-takers always ahead financially on: February 05, 2021, 12:06:59 PM
Risk takers will not always ahead financially if they can not be careful in making a decision. Before they decide, they will learn about the positive and negative, so they will know how to prevent the negative side. If we know the opportunity comes to us, and if we can see that thing, we should act fast, but do not forget to think of the other strategy or plan just if our plan is not working.
They won't always be financially ahead but there a high chance that they'll be the first to be ahead on something since just as you've said they're RISK TAKERS. And just what comes to high risks are also the high rewards. People can go choose the safer way and be logical at everything to avoid risk but the rewards aren't as high as those who choose to risk it all.
1442  Economy / Gambling discussion / Re: People die from heart attack when they hit sthe jackpot. on: February 05, 2021, 11:30:57 AM
Different jurisdictions have different applications of law and even interpretations concerning the law.  Here taxes are taken out before the draw occurs, other places tax you if you take a lump sum, or not if the hold the funds for twenty or thirty years. (Making money off of your winnings in the process).

Better to take a lump sum and enjoy the winnings now.
It's kinda rare to see a lottery where the tax is taken out before the draw occurs as most of the lottery I've seen are taxed after the winnings. There are options on most lotteries where the winner can either take all his or her winnings in one payment or be paid in a series of amount of time where the taxes are paid differently. The tax if you'd like to receive all your winnings is just one take or payment will a huge amount which is almost half or sometimes half your winnings unlike if you choose to be paid in a series amount of time where the tax is almost nothing.
Even if you think that the best choice is to not take everything in one go, but still it isn't. There are many factors that proves that and a simple google search can provide those answers. Anyway, isn't fun to receive everything and enjoy all of it.
1443  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: February 05, 2021, 11:17:48 AM
$60 in crypto is still $60 at the time it was paid. Unfortunately, if you're like me and want to hold your coins into the future, receiving $60 in crypto when the price is at an all time high will only see the price deminish unless you're prepared to see the price crash and burn, stagnate, flourish and grow and eventually reach this price in a year, two years time when you might have wanted to just hold for the next six months.
Signature campaigns right now are paying on a dollar-based unlike before which was paid on a BTC-based whatever the price of bitcoin was. Even the mighty Chipmixer campaign failed to continue paying their participants on a BTC-based payment and had to go through a $ based payment which is still the highest payment campaign up until now.
For us, who got paid 50-80$ worth of bitcoin, it's better for us to hold unto it until the price has increase but it's sometimes fun to gamble our earnings with what we advertising on our signature space. However, I haven't gamble my earnings for a long time now as for me it's sometimes a hassle depositing and withdrawing funds especially that most gambling sites has a minimum amount required to withdraw on. Also, the fees is a factor as gambling 50-80$ and a fee of 1-10$ is too much for just that amount.
1444  Bitcoin / Bitcoin Discussion / Re: Bitcoin legit or not on: February 04, 2021, 05:39:26 PM
If you ask me i tell you bitcoin is not legit in many Countries in the world. actually this Countries dont know the bitcoin and wanna to only make Their own money.so if big and powerful Countries in the world to know bitcoin we can hope this Countries know the bitcoin and all of the world become united,and bitcoin can be legit.
Bitcoin isn't legal to some countries but it doesn't mean that it's illegal. Bitcoin mass adaption and investors makes the bank and fiat currencies fear it due to digitalizing of currency which is already what bitcoin is and other cryptocurrencies.
Bitcoin may lack implementation to local markets and but we can almost see how much it change throughout the years, it might be a slow progress to it but we can it happening day by day. Bitcoin payment is somehow being adapted by some companies which can proof that bitcoin legality.
Also, bitcoin being a decentralized network makes the government loss control to which is the reason why it is illegal to some countries.
1445  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: February 04, 2021, 04:53:24 PM
That's the issue in lottery, a lot of taxes are going to be reduce in the amount of your winnings which is big if you're the kind of person who value every amount of money, but since it's require because of the law, and terms and conditions, I guess It's not avoidable and won't hurt your feelings indeed because if I'm not mistaken, it's a 60:40 ratio, 60% to the winner, and the 40% goes to the lottery.

Of course a lot of lottery players would still continue to hope to win the jackpot someday, and I'm sorry to say it to them that a very very few percentage of chances of winning the jackpot a single lottery player have. It's almost 1 out of million players.
Tax for lottery winnings is the highest if you compare it to anything and it's mandatory and a common fact. This tax is also can be seen in most gameshows that requires winners to pay the tax for their winnings which is almost half or in some rare occasion is more than half of it. 60:40 ratio for the lottery isn't bad at all as the amount that the winner will get is too massive and even 60% of it will change one's life.

The chances of each participants is too slim to win the jackpot and just as you've said it's 1 in a million combination chances. Some says that you're likely to hit by a lightning than winning a jackpot in a lottery due to the very slim chance of hitting the jackpot. 
1446  Bitcoin / Bitcoin Discussion / Re: the power of HOLD and believe on: February 04, 2021, 03:34:09 PM
Damn, I did panic sell in 2018 and I wish I never did that. Anyways time is passed and I can not recuperate my loss it's better to begin again from zero. You're correct those who purchase the bitcoin in 2018 and hold it tight they're currently rich and making the most of their benefit. I think it's the incredible illustration of those bitcoin clients who don't care to stand by I realize I am one of them however I learn from my lesson how bitcoins blase you with profit if you hold tight on your investment and never do the panic sell.

You're not alone as many people who also invested on bitcoin's ATH on 2017 also panic sell when the price decline so fast after that year ended. Most investors were scared of losing their money that time especially that most of them were just joining the hype that time. That may also be the reason why the price decline was so massive as investors were also pulling back and there wasn't much of a wall that time to support the 20k$ ATH.
Anyway, if you've invested somewhere between 2018 and 2020 then you've also gain a certain amount of profit as the new ATH that bitcoin achieved is too massive compared to the 2017 ATH and also there is a wall that support the current price that prevents the sudden massive dump.
1447  Economy / Economics / Re: Does Bitcoin Help The Poor on: February 04, 2021, 03:05:59 PM
Short answer.

No


This opinion might change in time, who knows.
Bitcoin can help poor people but it depends. If you think about it, Bitcoin is a digital currency which poor people mostly doesn't have access to as it requires internet and handlers or devices such as Phones, and Computers. But in some ways, it can help people to earn and manage their financial for students and jobless that lived in underlying countries such as Philippines. Also, the are some charity program through bitcoin and other crypto that would help poor people.
For me, Bitcoin can help poor people but only those who are capable to access it and it can act as a medium where community can provide donations anonymously to help poor people.
1448  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: February 04, 2021, 02:46:45 PM
Sounds like the player had far too much stress going in in their lives and were overcome with a sudden ramping up of that stress as they realised they'd won.  Definitely a cautionary tale for anyone wanting to de-stress through gambling.
I don't think that stress would be real reason why people dies from heart attack when winning jackpots. It is more likely the excitement that comes when you win at anything especially with gambling. I've experience too much excitement when gambling even if I only win small rewards but in this case, hitting jackpots will surely gives  you too much joy and excitement knowing how it will change your life.
Anyway, I'm not saying that stress isn't a factor as it can really put yourself into risk when combined with a sudden change of feeling such as excitement but it's not the main reason of the death of jackpot winners.
1449  Economy / Gambling discussion / Re: Toronto women win jackpot lottery on: February 04, 2021, 02:41:10 PM
I prefer to buy some gifts for people closest to me, but I will never tell them that I hit the jackpot and win big money.
I prefer to go to my bank and save all of the money in my bank account, and I only get some small amount for my daily life.
You sit on a cryptocurrency forum and dream of putting all your money in a bank account? WTF? What about buying Bitcoin for at least part of the funds or some other cryptocurrency?
He's one of the people who trust banks with all their money and expects that it will be forever be safe there. There's nothing wrong with it as most people really have that much trust on banks but with us who believes on crypto and know that bitcoin and other crypto is somehow alarming for banks then we might not be fully trusting banks for our money.
Anyway, the fact the he believes that he can hide his identity to any of their closest people is somehow ridiculous. You might even have a hard time hiding it to your neighborhood especially with how much the jackpot prize is.
Investment, Trading, Properties, Business is what you must remember when winning a jackpot prize such as that. Avoid leisure and buying unnecessary stuffs that might put all your winnings to waste and end up getting broke in the long run.
1450  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ✅ [BOUNTY]⭐BITFRESH⭐ iGaming from 90s - 10,000,000 BFT (💰$50k REWARD POOL💰) on: February 04, 2021, 02:05:05 PM

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1451  Bitcoin / Bitcoin Discussion / Re: How do you use bitcoin? on: February 03, 2021, 05:37:10 PM
I living in the In the same countries and if we raise the level of bitcoin or transfer a lot of bitcoin in our bank account, government make legal trouble for us.
so we need to be careful guys and I hope after few Months such countries give this access for the People and we able to mining and trading bitcoin like other People of the world. Smiley
I might suggest to avoid authorities knocking on your door regarding bitcoin transaction is to do micro transactions and avoid large sum of bitcoin transactions. This way, it might look less suspicious to them but still I'm not saying that there's no chance that they will not look into it. Anyway, there are various ways to avoid being caught by authorities when dealing with bitcoin such as person to person or via other digital ways such as Paypal or other websites.
But, the best way to avoid any consequences when dealing with bitcoin where it is illegal is to not deal with it at all and follow each of the country's rules.
1452  Economy / Economics / Re: Bitcoin will replace oil and Gold on: February 03, 2021, 05:00:22 PM
Governments all around the World Secretly start using together with banks the bitcoins.
Oil is done so They replace bitcoin instead of oil.

The btc volatility might go like daily 50k-100k price Changes.

Bitcoin will be instutionalized permanently.
The Global market prices Liqutation postion will be fluctuated by Bitcoin price.


I said this before but nobody didnt listen but now its here!!



It won't replace oil or gold.  Oil might fade but not because of bitcoin but because of less reliance on it as a commodity.  Gold is another asset class.  Its not about replacing something but complimenting it. Gold and bitcoin don't exactly do the same thing nor act the same.  They can both coexist peacefully.
There won't be any reason for bitcoin to replace an asset such as Gold and a commodity such as Oil. They're prices might differ a lot but it won't affect each other as those three things aren't the same. Oil is a commodity that had various usage throughout the world such as for cars and many more that involves engine and the like which bitcoin doesn't have any connections to. Same goes for gold which has a variety of uses that doesn't involve bitcoin on the process. They coexist but aren't related and doesn't affect each other.
1453  Economy / Economics / Re: Risk-takers always ahead financially on: February 03, 2021, 04:26:35 PM
There's a saying that "The greater the risk, The greater the reward" which says it all on most of things we do. This saying can be applied on everything but on some rare occasion it isn't.
In bitcoin, most of the people who mined, invested, and hold unto their coins early way back 2013 are the most richest person and had the most profit of all. Also, early adopters of other crypto such as ETH, XRP, USDT, BCH and other top crypto had the most profit than anyone else as they have managed to invest on it when the value of each of it very low. Most ICO's way back 2017 and 2018 are the most profitable crypto that boom in the market as of now but not all of ICO has successfully managed to maintain themselves which ends up on a loss and dead or shitcoin.
This also applies when gambling as the greater the risks is when betting the higher the rewards are.
1454  Bitcoin / Bitcoin Discussion / Re: Trust your gut on: February 03, 2021, 04:10:06 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Its really great that you had the opportunity to buy at that moment but I mean they sound reasonable since $30K is already a big profit. The current speculations regarding Bitcoin is for it reaching $50K but you really have set the bar so high and I honestly believe that its possible but it would require longer waiting since I really do not see it hitting $100K this year.
Yes, it sounds reasonable to sell at 30k$ when he bought bitcoin when it was on 10k$ as you'll have a decent profit through it but what he wanted more and be on bitcoin for a long term. Neither your parents nor your relatives are gonna help predict the price of bitcoin or any cryptocurrency where you need to sell your crypto's.
It's your bitcoin and only you can decide whether you hold unto it or sell it for a decent profit. It might take long for bitcoin to reach 100k$ but if you believe on it then nothing is impossible.
1455  Economy / Gambling discussion / Re: May-Pac 2, will it finally happen? on: February 03, 2021, 02:23:24 PM
As expected Logan Paul Vs. Mayweather will not create such hype because of a mismatch. I think Mayweather's influence in boxing is not as much as it was before since he retired. He kept on doing promotional fights for money since he retired. I am not a Mayweather fan because of his fighting style, he likes having underdog fights to keep his records clean which I think is not amusing for athletes.
I really thought that this match up will somehow bring a ton of audience to this fight but unfortunately, Mayweather's influence in boxing and Logan Paul influence in social media didn't brought much audience. Well, this fight will surely be on Mayweather side and all of this was just an act for them bring audience especially what Logan Paul had to pull to make this fight even happen.
Most of Mayweather's fights are mostly a sure win for him just to be active and maintain his ranking on boxing. Also most of the higher ranking boxers match are for the money, just like any sports out there.
1456  Economy / Services / Re: [OPEN] Freebitco.in | Tradeable Token Signature Campaign ~ Hero/Leg 7x spots! on: February 02, 2021, 09:55:39 AM
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1458  Economy / Gambling discussion / Re: The gambler who manages to beat the casino through cheating on: January 28, 2021, 03:43:03 PM
They've able to find the tweak and enjoy the benefits before they've been caught by the casino owners. It's cheating as most of them played illegally or use something that not allowed from the house.

Cheating is cheating, regardless of its form and reason for doing it. I am not saying that it is right to do it for the first time, but they could at least regret it and refrain from doing it again, and maybe that could make it less of crime. But, as you have said that when cheaters went greedy enough to do it over and over again, that is on another level of cheating and crime indeed.


Correct just as you've said cheating is cheating and no matter how small you've thru doesn't justify what you've done. If you've been caught early while cheating then you can't reason it out that you only have started, it doesn't work that way. No matter how much you've gain and profited by your cheats will not make it less of a crime. There is no such thing a less of crime when cheating casinos, you'll end up in jail even if just a penny that you've gain if you are proven to be cheater.
Better to avoid cheating and be honest or cheat and hope that you never get caught or spend time in jail.
1459  Economy / Economics / Re: In 2021 to 2022 you decide your life and wealth on: January 28, 2021, 02:23:09 PM
2020 was my dream. I made very big plans by the year 2018. Fortunately for some reason I wasn't able to keep hold until 2020, and everything was spend during the year 2018 end itself. Once again now we've got an opportunity, and the one who has the potential to learn and push thyself will progress in any time period. There isn't any limitations of the growth to happen between 2021 and 2022.
You can earn and make your dream come true at any moment depending on how much you work hard for it. Well, this only apply to a selected number of people or in an ideal world. I myself have been in so many hardships to obtain or at least achieve a certain part of my dream but after a long I haven't made much progress. By the way, I'm not saying that it's impossible but rather it's harder for most people than the others. I have live in the Philippines and I've worked hard both in crypto and in real life but due to hardships that happened and the situation.

Anyway, I won't be discourage by this but I'll even harder to achieve my dreams, I'll strive and not lose hope which a critical factor to all of this thing especially what this pandemic have cause us all.
1460  Bitcoin / Bitcoin Discussion / Re: Do not be too happy on: January 28, 2021, 12:50:59 PM
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
It is only fun at the beginning but after awhile most of us would also realize it that those giant companies are trying to control it.
We might be happy for the price because of the huge pump that we got when they enter but what happens when they decided to leave?
I think most of us would really be scared due to the fact that it would make the price collapse.
Yes, it might be fun at the beginning as the price pump that these companies made after investing on bitcoin but it might ruin the market soon enough as these companies will surely here to make profit. The time that they decided to pull out, the massive investment they made will sure made a massive impact after leaving.

On the other hand, with these companies investing on bitcoin we can see a massive adoption on the market if these continues and the fear that we have if ones company decided to pull out might be reduced as it just be bought by other companies instead. Also, there are huge whales that haven't sold their bitcoins that has been on the crypto ever since it started which can avoid the massive dump if these companies leave.
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