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June 22, 2021, 11:21:37 PM *
News: Latest Bitcoin Core release: 0.21.1 [Torrent]
 
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1  Other / Off-topic / Re: World falling apart? on: Today at 08:53:30 PM
Anyone else follow world events closely? It seems like there is more and more disasters, mostly manmade, by the day. Along with the threats of war, plagues, and general environmental decline.
I'm not trying to post one of those 'the sky is falling' threads, but if you look closely there's a lot of negative events coming at us from many different angles.

Things seem to be falling apart, and I think it has been building up to this for quite some time.
Disasters that are man made? I think of it as a conspiracy.

I've thought of it before when I was younger but now that I'm grown up, they're all conspiracy theories.
2  Economy / Gambling discussion / Re: Be a Responsible Gambler on: Today at 02:52:34 PM
Responsible gambling is, in my opinion, the willingness to accept a loss. 

Gambling is not a business.  Gambling is just entertainment.  These are feelings of drive and excitement.  These are very valuable emotions in the modern technological world.  If you see online casino gaming as a way to make money, then you are in big trouble.  Gambling is a business for their organizers. 

For the players, these are costs.  The goal is to get positive emotions.
But even you say many times that it's not a business, there are gamblers that have already considered it as their main business and source of income.

They've understood the circles of it and they can take risks that we can't.
3  Other / Off-topic / Re: Why privacy matters on: Today at 01:56:23 PM
lol where did localbitcoins came in between. But yea KYC sucks especially in crypto space.
I've just told a single example, that's it. The same situation is happening to many other services connected to the crypto world. If you want to deal with your coins - please provide your personal data. And what if I prefer to remain anonymous?
That's the sad reality.

Exchanges before that don't ask for KYC started to ask KYC because they were forced by the government.

It's now a good memory that when a lot of exchanges don't force its users to comply to KYC. But still, there are good exchanges that don't enforce it.
4  Economy / Service Announcements / Re: Top crypto jobs paying thousands of dollars monthly. Nairametrics.com on: Today at 12:51:08 PM
I've been looking for the jobs section on that website but the banner is the obvious thing that I've known that asks for a minimum investment of $5k and then with a 5% annum return. The rate's normal but why is it that it directs to a google form that asks for name and number?

5  Economy / Exchanges / Re: Livecoin return of deposit on: Today at 12:00:24 PM
On the thread of Livecoin, most newbies are telling the same thing. Don't you have anything different to say with that fake proof?

Livecoin's rep can't even give a reply or have themselves back online with their account.
6  Economy / Trading Discussion / Re: What Practical Advice For A Beginner Trader? on: Today at 10:03:06 AM
A more practical advice is that just buy low during the bear market and wait for the price to go up. You don't have to really trade every day to feel like you are a crypto trader. Swing traders are the ones who just buy and wait for the right price to sell.
Many newbies don't have the patience that requires with that strategy. Well,many of us here in the forum knows how to be patient in those times. We know how to handle situations and we're patient enough to wait after buying.

What I've noticed with many newbies, they want an overnight success which is a very dangerous thought and belief in this market.
7  Bitcoin / Bitcoin Discussion / Re: What is Bitcoin worth? on: Today at 07:46:22 AM
Wrapped bitcoin?

That's like what the dApps are taking instead of taking bitcoin directly. They want their users to convert bitcoin to their own-bitcoin chain.

They may have the same worth as bitcoin but they're not the same in supply and most people will take the actual bitcoin not those wrapped or own-chained bitcoin.

8  Economy / Gambling discussion / Re: Online gambling becomes popular on: Today at 06:43:11 AM
But it doesn't mean you are a good money manager you will always win in gambling, gambling is truly based on luck. If you are not lucky enough on that day, you will come back after in the next day when you feel better because handling emotion is the best practice in gambling.
And everyone who's struggling to have that emotional problem as this pandemic hasn't ended yet and with lock downs. It's startled the feelings of everyone that instead of being done by boredom.

They've found a way to kill it and through gambling and until now, despite the jobs were back, there's still those people who have done themselves a favor of gambling to avoid boringness.
9  Bitcoin / Bitcoin Discussion / Re: Michael Saylor owns 0,5% of Bitcoin Supply on: Today at 05:29:31 AM
In any investment the people smart enough or lucky enough to get in early, or rich enough to get a large amount when coming in later, are going to own the majority of that asset. This doesn't mean bitcoin doesn't work for the average person. The average person still reaps the same benefits as the people with the most bitcoin. If you buy today and 6 months from now Bitcoin is double the price, you, me, Saylor, the Winklevoss twins, and everyone else will get a doubling of their value. The percentage gains are the same no matter how much Bitcoin you have. So no, this isn't a problem, it is a natural outcome of the differences in wealth, risk, information, luck, and intelligence that permeate society.
Very true.

The rich may get the advantage of getting richer but it's not just for them. In every market, there's the early people and the rich people. Both can take the game on their hands and be profitable just as the others.

The early people got the cheapest bitcoins that they've bought and held it for a long time. While the rich people, they may not be early but if they're wise to buy during the dips and they've got the money, they can also be at the same situation as the early adopter.
10  Other / Off-topic / Re: Should I start betting on sports? on: Today at 04:36:32 AM
If you're good at making predictions then sure go ahead, there people that you can also pay to make predictions for you but if they're wrong you'll have to pay.
You can take those predictions by those people but they are not good most of the time. If you happen to have a wrong absorption of those predictions, you'll have someone to blame.

But if it's only you that picks and then you've got it wrong, you won't feel that bad.
11  Economy / Trading Discussion / Re: Should I get a loan? on: June 21, 2021, 11:45:23 PM
I have seen one of these stories, an acquaintance of mine did a loan which he couldn't pay at the right time which ended up costing him more because of interest and ended up with no profit because he won big in trade but all went to paying the loan, so if I were OP, I would think twice getting a loan.
That's just a taste of trading and sweet victory at the beginning.

But that doesn't mean that whenever a newbie earns a lot from their very first trades, they should invest big quickly. That's a very wrong strategy that will lead them to lose more.

That person you knew probably has learned his lesson but sadly, it had brought him obligation to pay higher interests.
12  Economy / Gambling discussion / Re: Auto Deduct System on: June 21, 2021, 11:16:26 PM
I think it's a good idea just like those projects that usually being connected to Metamask. A casino can connect Metamask or any type of wallet that it supports.

I can imagine how the process will go but I don't know if the casinos will consider it.
I think if there's a third party apps involved in making a transaction with metamask there is a confirmation first that you need to confirm first before the transaction takes effect. I don't know if you have tried it but this is what I noticed so it should have a confirmation to the user first before doing any transaction which means your funds won't automatically be deducted if you confirm the transaction first. I think this is the flaw that the auto deduct system should implement and fix if it's already existing.
Yes, just as metamask there's a confirmation notification first to pop out.

I've tried it but we will never know if the casinos is approved to them. But as we know, innovation is unstoppable and upgrades are needed. I think we'll see something the same in the future.
13  Other / Beginners & Help / Re: Crypto is here to stay, do not panic on: June 21, 2021, 10:51:13 PM
In countries where there's been a prohibition on cryptocurrencies for example the West African country, Nigeria, reports shows surge in transactions in cryptocurrencies on exchange platforms such as Binance.

Everyday start-ups built on blockchain technologies are springing up all over the world. For newbies in crypto my best advice to is BUY & HODL. Always DYOR and avoid FOMO.

Since humans like to invent stuff, cryptocurrencies might not be here to stay but blockchain technology and its application will go far beyond bitcoin and other altcoins.
Blockchain might be here to stay but it's going to stay just as cryptocurrencies.

We're modern today and assets have became digital, mostly. And that's the reason the value from cryptocurrencies are already there and it's very liquid.

I agree that there's more with blockchain but I have the same belief with bitcoin and the crypto market.
14  Economy / Gambling discussion / Re: BTC price VS gambling on: June 21, 2021, 10:24:29 PM
Therefore, it is advisable to spend bitcoin, not hold.  This is money.  Money cannot be taken too seriously.  Otherwise, everyone will call you "stingy knight". 

Not a good idea for people who just earn an average amount of bitcoin.

Let the spending and selling to those who afford to sell at any price. No need for an average earners or small holders to participate in that.

The market is manipulated. No need to follow the right path that we need to spend bitcoin because of the idea that money can't be taken too seriously.
Anyone can do whatever they want with their bitcoins. Your bitcoin, your own rule.

I agree that anyone who can afford to spend, let them spend it as they probably owns a lot. But for those people that accumulates a little with their money.

They will just keep it but I agree too that someone who wants to spend it, he must be happy of doing it and when he's depositing to his casino account.  Tongue
15  Other / Off-topic / Re: 79 today and still going strong on: June 21, 2021, 09:54:05 PM
I've also missed some good altcoins run but that's it. I think that it's still fine to remain as a bitcoin maximalist but if you think that some of the altcoins are good to invest and you have spare to invest with, you do it.

Happy birthday Jet Cash! Stay safe and age is just a number.  Cool
16  Other / Off-topic / Re: YOUR BIGGEST ENEMY on: June 21, 2021, 03:52:13 PM
My Biggest enemy is my desire
Don't think of your desire as your enemy. If that desire is for your own good and there's no harm that will bring to you and to others, you should be okay with that.

sometimes i am over and even impossible i'm pushing through .
Don't be pushy but I find that attitude of pushing through with the impossible things as positive for some cases.
17  Economy / Gambling discussion / Re: Man lost 20,000 in one night after becoming addicted to online gambling! on: June 21, 2021, 01:58:27 PM

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.
That's basic for the new comers.

They'll have that feeling of being new and thinks that they all have the luck with them. And even if they go to zero with their pockets.

As long as they have belongings to sell, they won't stop but will eventually sell those things they've got and that's even harder to stop.
18  Other / Off-topic / Re: What's the painless way to leave this world is? on: June 21, 2021, 12:19:55 PM
@OP.

I don't know what you're thinking but are you good? having thoughts like what the title you're asking seems uncomfortable to me and made me think if you're good or not.
19  Other / Off-topic / Re: Do you Smoke? on: June 21, 2021, 10:24:57 AM
What do you think are the long term consequences of smoking Cigg or Weed.

Other than cancer.
Bad breathe.

Weak immune system.

Being sterile.

There's a lot more and you can just simply google all of those negative effects.
20  Economy / Gambling discussion / Re: Where to seek help if you need; concerned with gambling addiction. on: June 20, 2021, 09:42:39 AM
Gambling is a sport that tends to be more addictive than pleasure
Gambling isn't a sport. It's a leisure for most.

competition gambling is more important than personal family or social responsibility.
Well, if you're treating it more than your family maybe you're too good on it. There will be people that will surely disagree to what you're saying about gambling being more important than family.

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