Bitcoin Forum
May 03, 2024, 11:34:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 172 »
1321  Economy / Gambling discussion / Re: How do you get over a bad loss? on: November 07, 2022, 08:18:10 PM
What's your favorite thing to do when you get a bad loss?

Speaking from experience, the worst thing you could do after tanking a huge loss is dwelling on it. Thinking about the loss over and over again could cause you to spiral uncontrollably into unhealthy practices and habits, such as gambling again in hopes of recovering the loss you took, which is not going to happen most of the time. The best thing you could do for yourself is to go out and touch some grass, meet new people, spend time with your family, and the likes. If you're not into socializing, you could divert your attention to something else, like an article, or that thing you wanted to make a hobby out of but couldn't consistently do because you're "too busy." Try these, you will see the difference.
1322  Economy / Economics / Re: Do you like commission job or salary base job? on: November 06, 2022, 08:46:41 PM
Having a fixed salary job can be of the biggest disadvantage to someone considering that with inflation, your salary can become less than sufficient for your basic needs in a short time, and since a salary job also means that the salary you are paid at the end of the month is also considered a consolation for the time spent in working for their benefits, you time is consumed.

A commission-based job puts value more on your job and pays you better for the time spent, and also give you time to find other interest and engage in self-development/growth. In a couple of years if you do a commission-based job you can on your own observe the level of growth and how developed you have become in that particular field but a salary job can keep you stale.

I would personally choose a commission-based job but also will not criticize those that choose the fixed salary jobs because truthfully the rigours associated with commission-based jobs cannot be handled by everyone.
Massively agree with you on that take. Most companies here will not take into account the ever-rising inflation that plagues the economy yearly, so people are left with a choice to leave and risk dying of starvation or keeping their regular 9-5 job that will only sustain them enough to get by. Commission-based jobs are the best when it comes to profit but without prior knowledge of sales or experience thereof, you will not be able to make it. I'm kind of wondering why OP's friend hadn't thought of going freelance, that seems to be the most sensible option given his situation.
1323  Economy / Gambling discussion / Re: Faucet and Bonus Farming on: November 06, 2022, 07:41:25 PM
I have seen more than 2 casinos locking user accounts for this action, and is it really the users fault?

If the users claims tons of faucets or bonus is because the casino engine allows it, and if the casino is losing money with this action they should fix their code to avoid this problem and not steal users money.

The casinos sets the rules of the game, and if a user is smarter enough to find a way to make profit with those rules then they shouldn't block users withdrawals.

So, what do you think about this?
People will always abuse ways of earning especially if it comes with little to no price. Faucets and Bonuses from gambling sites have been the prime victim of these types of acts in the crypto gambling industry since time immemorial, but along with the people in this thread I stand with the notion that it is the casino's fault for not imposing contingency measures against situations like these, whether incidental or a voluntary negligence on their end. Moving forward, I am not saying abusing of bonuses and faucets available in gambling sites are a good thing. It's just the normal course of action for most people, and crypto casinos should know this more than anyone.
1324  Economy / Gambling discussion / Re: Have your winnings lured someone into gambling ? on: November 06, 2022, 07:02:25 PM
As a gambler we see winning big as success is gambling, do you share and celebrate your winning story with friends ?

Have your winning story or celebration lured someone you know into gambling because he wants to win big like you

                                 OR

Have you ever taught or predicted a game for someone which turn out to be a win,how big was it ?
Other way around actually. I had a friend who placed all his airdrop earnings to a crypto casino and diligently earned tens of thousands of dollars through the whole process. He did this in the height of 2020's bull run so that could also be one of the reasons why he won so much in so little time but that was enough for me to once again try cryptocurrency gambling after months of abstaining from it, given the fact that I lost quite a considerable amount prior to this ordeal. Still, even during the months when I am not gambling I still give gambling advice to our little group chat where we gave tips on how to maximize wins and minimize losses, especially in luck-based games.
1325  Bitcoin / Bitcoin Discussion / Re: What are your thoughts when all Bitcoins are mined? on: November 03, 2022, 11:55:17 PM
In year 2009, 1.1 million bitcoins are mined which is 5.24% of the 21 million bitcoin that can be mine in the system. Today, 13 years after the first set of mined bitcoin there are already 19.19 million bitcoins in existence or 91.38% of the total bitcoin. Which means that 1.8 million bitcoins (8.57%) are left to be mine, if you are wondering when will all bitcoins be mined, professionals says that it will take another 120 (more or less) years to mine the remaining millions because of bitcoin halving. Bitcoin halving happens about every 4 years, the Bitcoin block reward that usually get by the miners are cut in half.

so, what are your thoughts when all Bitcoins are mined?
Mining for bitcoins will exponentially get harder the more bitcoins are mined. As of the moment it is estimated that as you said, it will take more than a century before all of bitcoins are mined. In the event that the last bitcoin is harvested, price will shoot up exponentially, as it will get even more scarce, exchanges will impose huge tax tariffs for trading bitcoin and that is to be expected, they have to get money from somewhere anyway. Operation-wise, nothing much will change about how bitcoin is operating, although I presume transactions will take a hell of a lot of time to go through.
1326  Economy / Economics / Re: Will you further your degree from school, or learn a new skill after college? on: November 03, 2022, 10:57:53 PM
What will be your advice to two friends who have just finished from college, one is considering furthering her education in the degree she has gotten from college, the other says she has learnt enough from school and rather than looking to further her education in the degree she has gotten from school, she is considering learning a good skill that she considers will be highly sort after. If it will cost roughly the same amount of money for the both of them to go with what they like and both choices are prospective, who would you advice to reconsider, and who would you encourage to continue?
I have a friend tell me a good trick for whether you would have to keep pursuing your studies, or if you are to stray from the path and make your own way through entrepreneurship or some other venture that does not involve the four corners of a classroom. What you have to do first is determine what your passion really is, and if you think your passion is worthy enough to be pursued. Next, check if your passion's learning curve and career curve is linear or exponential. Linear is when you just have to get a degree for it, probably study masters, and then get a job that hardly changes for the rest of your life. Exponential careers are those that are dynamic and changes in intensity over time, due to certain conditions and parameters. Summed up, it will all make sense especially for the peeps right here who's still conflicted on what to do for their future.
1327  Economy / Gambling discussion / Re: Do think that POGO should be declared as legal or Illegal ? on: November 03, 2022, 09:52:06 PM
A gambling platform headquartered in the Philippines called Philippines Offshore Gaming Operations (POGO) provides gambling, betting, and E-casinos outside of the nation. Many POGO companies operate legally in the Philippines by submitting license applications to PAGCOR, but some people run POGO illegally, which is why many legal offshore gaming operations are branded as illegal. If the government shuts down this operation, many Filipinos will lose their jobs and the Philippine economy will suffer a loss of several billion pesos.

https://newsinfo.inquirer.net/1672432/pogos-not-linked-to-illegal-online-gaming-says-pagcor

In my opinion, the POGO sector helps many Filipinos meet their basic needs and stimulates the economy, but having so many unlicensed offshore gambling establishments will harm the Philippines government's reputation.
There's a pros and a cons to POGOs as all things do, as you said earlier they stimulate the economy but at the same time some profiteer off of being unlicensed which also could give them all the liberties to be unfair to their customers. In my honest opinion, until the current administration of the Philippines stand up their pimply asses and actually do something to prevent multiple crises within their territory, POGOs will continue to persist illegal or legal, as well as other problems they currently face. Judging Bongbong, he's not up for it. He loved the title but he couldn't put in the work.
1328  Economy / Services / Re: [CFNP] SINBAD MIXER Signature Campaign. Up-to $75/w | Payment escrowed on: November 03, 2022, 10:43:00 AM
In case @Agbe change his mind, I'm happy to apply:  Smiley

Current number of post (Including this one): 2107
Rank: Sr. Member
bech32 address: bc1qk6m9grqammfy2jcjvdympwkgunclvpeases8da
Merit earned in the last 120 days: 13
1329  Economy / Gambling discussion / Re: Do online casinos disadvantage some locations from winning big on: November 01, 2022, 08:52:49 PM
You know how casinos have set certain slots to only pay a certain amount to a winner, it it also possible that casinos are using an algorithm to limit how much it can payout for players coming from certain locations to avoid being dragged into legal disputes if a player is paid big money and the local authorities want to know the source and the alike?
I don't think decent online casinos will impose disparities based on your location, that will be detrimental to their business. Only a handful of people, even to this day, will bother installing a VPN to bypass borders and preventing the ones who can't be bothered to install these networks will also hinder you, the casino, from getting more customers. I have been made aware of certain casinos rigging their games, but I don't think that applies to online casinos or at least as I said earlier, the ones that are decent enough.
1330  Economy / Gambling discussion / Re: What are five things you will do if you win huge amount of money?? on: November 01, 2022, 07:34:09 PM
What are the major five things you will do if win huge amount money?. Is it to buy are car or start a business?        Let's discuss about it together.
Five things I will do? Plain and simple. Invest, invest, invest, invest and buy. Winning a large sum of money, just enough that I wouldn't have to worry about my basic needs anymore will allow me to invest in more ventures than I could possibly do with the current money I have. So I'd take this opportunity to invest most of it in assets with high potentials for growth! Additionally, I'd save a significant portion of it as well to serve as my emergency funds, because you wouldn't know when the next recession's coming. Ultimately, I would treat myself to some fine things. Part of the fun of having a lot of money is finally being able to afford the things you would normally just wish you could buy, so I'd buy. I could help a couple people get back up their feet and jumpstart the successes of their lives, but that's not really as big a priority as the ones I have stated above.
1331  Economy / Gambling discussion / Re: Is it really possible to quit on these reasons on: November 01, 2022, 06:56:05 PM
You can when you won a huge amount
There's a discussion here of a guy who won a huge amount but added that he is quitting gambling is it really possible, anyone here have done quitting after winning a huge amount

You can when you lose a huge amount
This is the most popular reason to quit have you done this only to come back

You can anytime you want
Do you have the power to do it anytime that you want.

You have to when you're wife tells you to
I know a lot of guys who quit gambling for good after their wives tell them to, do you know of someone, or at one time you are one of them.

Let's discuss this and thank you for participating.

Everything you just listed down is already acceptable grounds for someone to quit gambling. That is if they are not on the verge of addiction. Multiple people who have won and lost huge amounts resorted to much more profitable ventures as a means to stay away from the dangerous hobby that is gambling, myself included. As in your case, you've had friends who actively quit gambling after being told by their significant other to do so. So from that particular statement, one could derive that as long as you have the necessary willpower and dedication to quit, you will be able to no matter how hard the gambling life pulls you back.
1332  Bitcoin / Bitcoin Discussion / Re: Is losing bitcoin in account have a significant impact to the bitcoin economy? on: October 31, 2022, 11:30:49 PM
One recent estimate assume that there are 3-4 million of bitcoins are lost forever. Here are some people that lost there bitcoin fortune.

Stefan Thomas is a software developer held an estimated $220 million in a lost Bitcoin wallet he simply forgot the password in his IronKey account, and James Howells, lost his Bitcoin fortune of approximately 8 000 bitcoin when he accidentally threw away an old laptop. I know there are lots of people who also lost their bitcoin somewhere, whether it is small or a big value that we didn't heard in news or publicized.

If someone lose their bitcoins (whether it is small or big amount), does it have a significant impact to the bitcoin economy?
Well of course it does have an impact to bitcoin's price. The fact that there are only 21,000,000 bitcoins in existence with an immutable supply, add to the fact that these estimated 3,000,000 bitcoins lost forever that could never be recovered adds scarcity and in result a higher demand for these things. So whenever people like the ones you mentioned announces that they have lost their bitcoins, A part of me is a little bit happy because that means fewer coins in circulation which makes the price for one increase even more. Still, my heart goes for all these people who deserve to still be able to access their wallets. Someday, someday.
1333  Economy / Economics / Re: Why exactly did Elon want to buy Twitter? on: October 31, 2022, 10:05:12 PM
Seems it’s official. However I am puzzled as to why he bought it in the first place.

For one he overpaid for it because looking at tech stocks like Facebook, it’s value would be probably less than $20 a share compared to the $54.20 he paid for it. So he really must have a big interest in it.

Anyone know why? Is it because they banned Trumps account? Is it because it’s censored too much and he wants it to be more decentralized ?


If I am not mistaken, and correct me if I am, it is something about Twitter becoming a festering cesspool of things that defines humans as the worst of the hominids (lmao). Botted content, scammers, unsolicited ads that do not even align with what you want, hackers, racists, and the likes. He says he wants to buy a portion of Twitter in the first place to actually change this and make twitter a more free and decent application. Although I am not really sure if this is really the case as with all these multibillionaires always having an ulterior motive.
1334  Economy / Economics / Re: Savings during inflation on: October 31, 2022, 09:09:55 PM
Every country is experiencing the inflation at its peak. A true example is pictured in the opening post. The right approach is to invest on cryptocurrencies which assure of profit. Even with cryptocurrency one need to do things at the right time without making any delay.

Once savings served as a base for further investment needs. Now things have changed and it is completely upside down. In my country banks are at its worst and few have closed the service. So, banks are no more a place for our hard earned money.
I agree with your sentiment but supposing as if Cryptocurrency is the end-all-be-all of all assets out there is the reason why people outside the industry think of cryptocurrency as a mere speculative asset that is backed by ponzi schemes. Again, I agree with what you said, crypto is definitely a good asset to put your savings in WHEN DONE RIGHT. Merely saying that it is the right approach, especially without pointing out its cons could trick some people into believing that cryptocurrencies has no downsides. It's best to always do a little bit of your own research to find what asset is best for you to invest in based on a couple of factors.

As for banks, saving your money isn't the best place for them right from the start. I think this has been taught a lot in internet videos and even in the four corners of your classroom. They are mainly there for providing loans and helping combat inflation by controlling interest rates for said loans but if you think they are the best place to save your money, well let's just say there are better alternatives.
1335  Economy / Gambling discussion / Re: A disheartening true life winning story on: October 31, 2022, 06:53:07 PM
Last week, I read a painful story from a local newspaper where a huge amount was legally won but the lottery company is refusing to pay.

In USD conversion, the guy bet about $690 and won about $169,000, but the gambling company refused to pay him, claiming that his record of the winning has been wiped off from their database as a result of a technical error.

The first step he took was to report at a police station where he was offered about $23,000 by the company which he rejected. He later reported at the National Gambling Board where he was offered about $29,900 which he also rejected. It's at this time he charged them to court with three counts charges of Conspiracy, Obtaining money under false pretence and Stealing.

The case is on, and I hope he wins. The guy is lucky enough to have money to file charges and this is happening within his reach/jurisdiction.

This is a very sad story to me, which is why I ask these four questions:

Can this guy win the case?
Has anyone experienced not being paid for their winning for real?
Why would they take your big money but refuses to pay big winning?
What could be done to curb this cheating permanently in gambling?

For those requesting the link, here it is: https://punchng.com/lagos-lottery-company-arraigned-for-refusing-n72m-win/
Honestly, as long as the court and the jurisdiction isn't rigged the plaintiff will have a very high chance of winning and possibly earning more than the prize he's supposed to get, given the fact that multiple grievances are put on the name of this website. Goes to show how important it is to know your rights and what you even as an individual is capable of. I could tell you so much about the people in this country losing potential millions of dollars against large corporations and/or businesses just because they are afraid of the power that these companies have, not being aware or insecure about their very own abilities.
1336  Bitcoin / Bitcoin Discussion / Re: How would the world be if Bitcoin wasn't created on: October 31, 2022, 05:34:20 PM
Bitcoin has time and again proved that it is the next big thing after Internet, the decentralization is what people required and it has given every common man the power to believe in it ...

But have you ever thought how could be the world without bitcoin ..

1)  No worldwide community would have existed for a single cause of Decentralization ,not only for Bitcoin but even to raise a voice for something like this ...

2) Govts and Banks would have taken full advantages during pandemic

3) People would have no better choice to invest apart from land, stocks or bonds 

4) The excitement to grow money 10-20 folds would have not existed ...

5)  Top Business House and Influencers, such as Michael Saylor or Elon Musk would have been obsolete with just a few tweets...

6) The search for a person (Nakamoto) , was never been so much anticipated by the whole world, probably like the "Wealth of Rothschild"..

7) Countries would have no other option to trade in apart from usd or gold like before... Now they can in Bitcoin

Share your thought on this .. what do you think would have been situation if Bitcoin was not created


Honestly speaking, although everyone would agree that the impact Bitcoin had left to us is massive and life-long, I don't think much of the world would change if bitcoin hadn't existed. Why do I say this? Because well, people like Vitalik Buterin exists. People like Satoshi Nakamoto have been here and have always been here. Who's not to say that one of them couldn't think of a way to create an electronic peer-to-peer financial system like bitcoin? Bitcoin is a blessing to us, but I feel like we are making it bigger than what it actually is.
1337  Economy / Services / Re: Roobet.com | Art Contest "Halloween Special" | $2850 Up for grabs! Ends Oct 31st on: October 31, 2022, 10:17:29 AM
My entry

Happy Ha-Roo-ween

Made this using a mobile application  Grin



Roobet account: alphaV
1338  Alternate cryptocurrencies / Altcoin Discussion / Re: help post to recover my assets from hacked wallet! on: October 29, 2022, 10:28:22 PM
As much as we would like to help you bro, there's no way we could recover the funds from your wallet if you have no idea who the hacker is. Bitcoin is encrypted in such a way that you just couldn't track anyone which of course has its pros and cons as in your case. Let this be a lesson not only to you but to everyone as well that you have to always be wary of your clicks on the internet and where you login. Good for you that you only lost 250 bucks, some lost hundreds and thousands of dollars from the lack of care. As for that matter, here's a few tips you could observe as a bitcoin owner:

-Store your bitcoins and other cryptocurrency in proprietary cold wallets
-Suspicious links (links sent to you anonymously, with spelling errors (eg. fecabook . com), or plain old suspicious  )should be LEFT ALONE, do not click it, do not delete it, matter of fact do not interact with it at all.
- Be careful with your transactions, always use a burner wallet with only the right amount of money when buying stuff on the internet and transacting with crypto

and last but not least:

-Always exercise caution with every click you make online.


Again, let this be a lesson that.
1339  Bitcoin / Bitcoin Discussion / Re: Why satoshi had one address per reward even though many people guess it is him. on: October 29, 2022, 09:33:07 PM
We know that many addresses are associated to Satoshi Nakamoto even though they are different.
Why did he choose different addresses despite the fact that many of his addresses are leaked? Huh
I believe the reason why Satoshi used different addresses is mainly because he doesn't really want to be revealed to the public. The man is using different addresses to coincide with the miners from his time and even then these supposed "leaked" addresses aren't really confirmed to be his, just a hint that it could be someone who is connected to the man himself. Going back to my answer, he wants to be able to use his bitcoins still but is looking to find a way where it's gonna be hard to discern that it was him. Hence, he created multiple accounts all with bitcoins to spend.
1340  Economy / Economics / Re: friend I want to invest short term in bitcoin and crypto. to meet their living a on: October 29, 2022, 08:34:03 PM
a friend of mine came to me and he asked, is it possible to invest in bitcoin and crypto for the short term,? which is to meet daily needs, and I am confused to answer because I am still a beginner in bitcoin and crypto. and I want to ask everyone about it?
You should never, ever use and invest your money in crypto if you are going to spend it for sustenance and survival. You should always make sure that your needs for living are met first before you invest in bitcoin. Add to this the fact that they clearly have no idea with how cryptocurrency works so it's gonna be a bigger problem for them if they rush headlong into short-term investing. Always remember that in investing, it is always better to do your own research, although advises are welcome and must be taken with a grain of salt. And most importantly, never invest what you can't afford to lose.
Pages: « 1 ... 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 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 172 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!