To all plebs player like me, Try craps and bet only with fixed amount on one number. Winning a bet on craps is like winning a Blackjack hand due to its high pay rate.

I guess it depends on who or what you consider family. You have your immediate family members and non-immediate or extended family members. Immediate family is your wife/husband, the kids, brothers, and sisters. Extended family is everything from cousins, uncles, aunts, etc.

None of my non-immediate family members knows about my interest in bitcoin. And there is no reason why they should know. It's not that I don't trust any of them, but my interests and theirs are completely different. My immediate family, of course knows. Someone needs to inherit my assets and possessions if something were to happen to me, so I have no regrets on that front. I hope you didn't make a mistake choosing your spouse.

When it comes to friends, I categorize them in different groups depending on how close we are.
Those who are really close know about my work with bitcoin and crypto and there are no problems there. They have been vetted thoroughly though to belong in a close circle of trust.

Just a quick note that a black swan event is an occurrence that will come out as an surprise. Literally the main point of a black swan event is that people aren't expecting it and you're asking if we should expect one?

Any activity that is carried out excessively will have a worse risk. I don't know how true that statement is, but trading addiction is probably one of them. Day trading or any other type of trading done on shorter time frames can be addictive. But after all trading addiction is no worse than gambling addiction. I mean when an asset we are trading goes down any time then we still own that asset until we sell it low. But if traders want to survive, they must have nothing to lose except for the fluctuating value of their assets.

Good self-control and finances will help traders get good results on trading. That includes their pattern of trading as well as the number of entries they make in a day.

Another way of looking at Ordinals is (to put simply) a brand new scam method to sell tiny amounts of bitcoin to idiots at much higher prices.

• First step is to come up with some arbitrary data which can be anything like byte presentation of a picture and create the Taproot script.
• Second step is to compute the corresponding address of that script and sending some small amount of bitcoin to it (eg. 10000 satoshi)
  
• Third step is to find some idiot who would pay a lot of money to buy 10000 satoshi (of course minus the fee so in reality in the example above they are buying 5920 satoshi) for a lot of money.
• Fourth step is receiving the money and sending them the tiny amount of bitcoin whilst revealing the garbage data you created in step one.

There are no NFTs, no arts, no ownership, ... being transferred here, individual satoshis have no extra value, ... and all the other lies they tell in step 3.
Bottom line is anybody who paid more than $1.28 for the example above is being ripped off while contributing to an attack on Bitcoin. Arguing over UTXOs and how they are involved in this spam attack is pointless in my opinion

In my opinion, cash is the best money for people who value their freedom. 

Previously, cash was made from gold and silver.  Since gold and silver are precious metals, no tyrant in the world has ever had the opportunity to devalue your money.  Yes, he could kill you and take your money, but he couldn't devalue it. 

Then the money began to be issued in paper form, and then it was announced that banknotes were no longer backed by gold and could not be exchanged in the Central Bank for gold bars.  This has allowed governments to devalue your money through inflation. 

However, you still had the opportunity to make money transactions anonymously and confidentially.  You could make payments to any person and buy any (even prohibited) goods, works and services. 

The freedom of people was further limited with the beginning of the mass use of plastic bank cards.  Banks began to monitor the money transactions of their customers and block their accounts in case of suspicion of committing some kind of prohibited activity. 

The introduction of the CBDC symbolizes the complete loss of freedom of monetary circulation.  CBDC is, in fact, a digital money concentration camp in which the money does not belong to you, and your right to use it can be revoked at any time.

That doesn't really matter because credit card fraud is still a very real thing and they will not only drain all the money in your cards but also max out your credit limit as well.

CBDCs are ‘1984 on steroids’

“Authoritarian”

Not everyone is convinced that a digital pound would be a good thing for the UK, citing concerns that it would give the government unprecedented visibility into citizens’ transactions and control over what they choose to do with their money.

“There’s a big civil liberties issue and it’s the fact that you would have central bank insight into everything everyone is doing with their money and potential control over those flows,” Virginie O’Shea, founder and CEO of capital markets research firm Firebrand Research, told DL News. “That is what you’d get if you digitised absolutely everything and had a single point of control.”

https://www.dlnews.com/articles/defi/cbdcs-are-1984-on-steroids-critics-warn-as-supporters-say-britcoin-will-save-the-economy/

It has always been a matter of whoever is willing to pay the fee is entitled to the blockspace.

I just wonder if there could be any more info about being addicted to trading. The article only gave out checking prices constantly, even in the middle of the night regardless of everything or anything. I mean I've been there, but I wouldn't have considered myself addicted to trading (and it was rather light, definitely didn't wake up just to check prices). Well, I definitely felt the stress of trading, I wasn't even aggressive heck I was actually scared of every drop to the point where I lose money instead of profiting.

And honestly, if you have the skills, I'd consider addiction to trading be well worth it at some point.

I agree, at least with trading there is a chance that you could make a profit, with gambling there is no chance that you could make a profit. I think it is even more than just about dopamine, it is about the fact that if you want to do something, isn't it better to do something that is a lot more fair towards you?

I believe that if you spend time and money on gambling, you will get that dopamine rush but you are doing something that is 100% guaranteed to make you lose money, but if you trade then there is a chance that you could lose money again but at least there is a chance that you could make a profit as well, that is a much better solution to everything.

--Snip--

Its worth pointing out that Ordinals by themselves are harmless: it is just a method of de-fungifying individual satoshis so that each one in essence can be seen as an NFT. The idea was actually proposed over 10 years go but nobody ever had much use for it until recently.

But that's not actual demand, that is pretty much like the same thing with a new name or disguise. If you are saying that the garbage being created today is going to lead to more garbage makers coming to bitcoin, then that is not demand and it is exactly the points everyone is raising against Ordinals.

Or we just don't do coinjoins using a coordinator a la Wasabi, and we take the JoinMarket path, which is the equivalent, but besides self-custody respecting, it's also decentralized.


That's another plus for JoinMarket, as it will never run out of liquidity due to that incident.

Else, perhaps, some other privacy-respecting company will come along and offer a truly private solution (a good coinjoin without ratting out your own customers).

Cryptokitties and similar garbage didn't bring any kind of real demand for the platforms they were on. I don't see how Ordinals is going to be any different! Not to mention that we already had better ways of creating tokens in sidechains and so far a handful of people even talked about them and the only reason why Ordinals is being discussed is because it is spamming the chain and is a threat to the real demand bitcoin has.

i wonder when the first video will appear. that will be a truly decentralized version of youtube for sure.  but no monetization just the user paying to upload. but it can't be deleted. so there's that.

Lol,well I have been a victim to one,I don't think I will be a victim to both gambling and trading,because if one should be a victim to the two,that will be the worst state of a man,and if he is in that kind of state,I don't think it will be easy to get out.I know what gambling addiction has don't to my life,and the kind of stigma it has given to me,so I cannot add that of trading too.I trade only when I see that I might be on the safer side,and what ever thing that makes me loose money for once,I hold on for a while,to avoid excessive waiste of money especially when the luck is not on my side.

No one can exactly predict the bottom, between buying the dips and DCAing both are very good method for someone who wants to accumulate some BTC on the run should start with, Even If you're someone that is timing to buy the bottom, the best method you can adopt is by buying every single dip opportunity in the market, by dividing whatever money your coming to invest into fractions,

 let's say for example your investing a thousand dollars ($1000) into Bitcoin, you can choose to be buying every dip with $50 dollars, I believe with this method you might be able to capture the Bottom, than sitting on the sideline and waiting for the bottom. because the market is not gonna tell you, hey! I'm bottoming out today. Therefore we can apply any or both methods DCAing and buying the dips, hence we will miss out waiting on the sideline.