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1441  Economy / Service Discussion / Re: Is it time for Old Signature campaigns to redesign? on: May 05, 2023, 03:31:35 AM
I think much of this is subjective. What's a good or a bad signature design, anyway? Chipmixer was appealing, yeah, but it was pretty much simple and straightforward. So in terms of design, there's actually not much creativity or art in it. What probably makes it great is that it has been a respected campaign, already running for a long time, pays big, worn by the cream of the crop of this forum including staff and moderators, and so on. It's not about the signature design per se.

However, I think it's great that promoters are provided with design options. It's also good that designs are also changing and updated. A signature that remains the same for years won't catch your attention anymore. On the other hand, what's new is attractive.
1442  Bitcoin / Bitcoin Discussion / Re: Bitcoin doesn't give you instant 100 percent profits on: May 05, 2023, 02:27:24 AM
Well, everybody who is invested in Bitcoin is hoping and praying that the price will rise so that they will make money. That's normal, although they don't have to post about it, especially their magical wishful thinking. But a 100% ROI is actually realistic. It could even happen within the year or next year. But if they really believe it, rather than be noisy about it, they should just silently accumulate as much as they can and hodl tight.

An annoyed reaction to this noise is equally noisy, though.
1443  Economy / Economics / Re: Wind Power Has A Profitability Problem on: May 05, 2023, 01:54:30 AM
I guess the profitability problems with wind power which involve supply chain, manufacturing, vendor, and other issues have nothing to do with it being a way to grow less dependent on fossil fuel. Surely, there must be a lot of scams and exaggerations and hypocrisy and propaganda involved in this climate change movement, but if only we call spade a spade, harnessing wind power for energy is a good thing. The room for improvement in terms of efficient technologies to produce this renewable energy cheaply is significantly big, though. And, of course, wind energy could only be viable in select spots where the wind is expected to be strong all year round.
1444  Economy / Gambling discussion / Re: There are many advantages to the relationship between gambling and Bitcoin. on: May 05, 2023, 01:28:07 AM
Bitcoin is secure and decentralized. It provides a certain amount of privacy as well. Transactions could also be processed quickly and, yes, without third-party intermediaries. Yes, you could also stay pretty much anonymous gambling with Bitcoin.

All of these, however, are pointless if the gambling platform you are using is centralized. First, you will have to deposit your Bitcoin to another wallet that you don't control. The casino could run away with your money. It could freeze it. Second, almost all of crypto casinos reserve the right to require users to undergo and pass KYC. Third, processes like withdrawals are done by a third party, the casino itself. And, finally, it could be done manually, which means it takes time.
1445  Bitcoin / Bitcoin Discussion / Re: I just found out something new about BTC. Is it true? on: May 05, 2023, 12:37:13 AM
I'm amazed at how the Exodus support is explaining things in a simple and detailed way. Even a crypto layman could grasp what it means. It isn't an automated response coming from a bot. Kudos to them!

Anyway, I'm not a very technical person but, yeah, you're probably correct. The computation is: Transaction Fees = Transaction Size (byte) * Fee Per Byte (sat/byte). Transaction size is affected by outputs (and inputs) such that if your $200 in Bitcoin was received in full, it means it has less UTXO than when it was received in small amounts, say, in $10-$20, which means it has multiple outputs. Needless to say, as the size (byte) increases, the fee (sat/byte) also increases. A transaction size of, say, 1,000 bytes is, of course, more expensive than a transaction which only has 300 bytes.
1446  Other / Beginners & Help / Re: The fear of losing bitcoin... on: May 04, 2023, 04:47:38 AM
LOL! That's kind of normal to many people and that's indeed annoying.
With people who don't accept risk or ignore risk but only think they will get a rosy road with investment into something, Bitcoin or other assets, they are annoying with people who give them financial advice.

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That's why I would rather avoid telling somebody to buy Bitcoin, especially if I know that he's the finger pointing kind of person. I don't want to get the blame.
Me too. I am not ready to give advice to others and face with risk that they think I am giving them financial advice which can be used by those guys to blame on me for their loss. I am not ready to take such responsibility.

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I'm willing to answer some Bitcoin-related questions, of course, but I seldom volunteer to teach somebody about it. Of course, I'm not an authority in the first place, but also because it's possibly that he/she will buy because of me and I know that when it comes to money people are very irritable. The price could fall and newbies could easily be affected.
I can answer their questions about Bitcoin technically. How to buy, sell, store their bitcoins safely.

Informing them or teaching them about basic technical things are more interesting and meaningful in my opinion. If they ask me about Bitcoin investment, my first word for them will be "it's risky, don't invest in it if you can not afford to lose your money".

A next one is, "It's my thinking from my experience but you must be responsible for your decisions, actions since a day you invest in Bitcoin. Profit or loss, it depends on you, not me".

Well, disclaimers can only do so much. The moment people get emotional, especially about money, reason flees. Their minds suddenly become creatively tragic. That's sad but that's always true to the great majority of people.

Whether we admit it or not, investment is not something many are willing to risk. It isn't everybody's cup of tea. I mean, the real investment, the one with ROI but also with risks. People only love the good side of investment, when they make profit, but as soon as the market is in red, which is normal and healthy, emotions come in, clouds their judgement, and put you all the blame. They panic sell; they blame you. They buy back at a much higher price; they blame you. They forget that they're adults capable of making sane judgments.

Sometimes, we better be on our own. If others do what we do, they're totally free. They ask for assistance, we're always willing to lend a hand. But we don't suggest, convince, encourage, exhort them even with all the disclaimers.
1447  Economy / Economics / Re: Effects of Crypto and Bitcoin on the Economy on: May 04, 2023, 03:22:15 AM
Economy could be referring to the state or the individuals. There are rich countries where poverty is high. There are not so rich countries where poverty incidence is low.

Bitcoin helps individuals when the state fails. Due to a lot of factors, a country's economy could fall-- mismanagement, corruption, sanctions, war, and so on. When inflation goes uncontrollably high, for example, Bitcoin protects the purchasing value of people's money. Bitcoin also serves as a solution to the problem of bank closures during wars and chaos, when people can't withdraw their own money. In times like this, Bitcoin provides people continuous access to their money so that they always have the capacity to buy their needs.
1448  Bitcoin / Bitcoin Discussion / Re: Bitcoin Opportunities as a gateway to Community service on: May 04, 2023, 02:41:00 AM
With what's been shared in this section lately, I truly hope that you're doing this for real. I truly do. There's no way for us to verify whether this is true or not, but I hope it is.

Anyway, we're all victims of the natural lotteries in life. For those of us who are lucky enough, it is always best to not forget those who are at the other end. It makes me extremely sad seeing indigenous people not just taken for granted but also become the butt of people's jokes because of how they look like. They're displaced. They're stolen of the very land the ancestors of their ancestors used to roam and hunt. They're deprived of all kinds of opportunities.

You've done a truly great job!
1449  Other / Beginners & Help / Re: The fear of losing bitcoin... on: May 04, 2023, 01:59:05 AM
LOL! That's kind of normal to many people and that's indeed annoying. That's why I would rather avoid telling somebody to buy Bitcoin, especially if I know that he's the finger pointing kind of person. I don't want to get the blame. I'm willing to answer some Bitcoin-related questions, of course, but I seldom volunteer to teach somebody about it. Of course, I'm not an authority in the first place, but also because it's possibly that he/she will buy because of me and I know that when it comes to money people are very irritable. The price could fall and newbies could easily be affected.
1450  Economy / Gambling discussion / Re: Another side of Sports betting you may not know about on: May 04, 2023, 01:36:13 AM
Of course, this isn't a concern exclusive to NFL. This is a challenge to all sports including ESports.

A month or two ago, I shared that a neighbor was involved in game fixing. He's a professional DOTA II player who's already climbed through the ranks and was playing on the international stage. The talk is that a huge bet is involved and that they're all paid. They were found guilty and was banned by Valve.

Just very recently also, an investigation was started on game fixing allegations involving certain players of the largest basketball league here and a Singaporean businessman. The same businessman is also accused of the same in a basketball league in Thailand. Again, sports betting is also involved.

These are examples why public confidence of these leagues or contests is lost. The integrity of these games is lost. While many are still watching these games, it is undeniable that many also believe that there could be arrangements or negotiations behind.
1451  Economy / Economics / Re: The Role of Education in Financial Literacy on: May 04, 2023, 01:16:27 AM
Actually, when it comes to fundamental financial literacy, it is more or less common sense. Here in my country, however, there is a growing demand that teachers, especially public school teachers, undergo financial literacy. That's basically because they seem to be the primary prey of loan sharks, investment scams, and all kinds of offers. Many of them fall to these schemes and are buried in loans.

I wonder why this is. They are educated people. I bet they must aware of basic money management, credit or loan management, responsible spending, saving, and so on. I guess this isn't about the lack of financial education anymore. It is more of financial self-discipline. It's more of overall awareness, of knowing how to distinguish risk and red flags, and not just in finance.
1452  Bitcoin / Bitcoin Discussion / Re: If bitcoin was to be physical product? on: May 03, 2023, 04:00:55 AM
That Bitcoin is digital has indeed some advantages. Coupled with its being decentralized, you can indeed stay pretty much private with what you have. You can have a million in Bitcoin without your family ever knowing about it. As a matter of fact, it can die with you. I mean, if you kept it in such a way that nobody else could gain any access to it, it will forever be yours even beyond your death.

Anyway, I don't think it is possible for Bitcoin to be a physical product. So, I can't answer whether I'd be involved in Bitcoin had it been a physical product. In the first place, digital and physical are like opposites.
1453  Other / Beginners & Help / Re: Are Promo offers from Twitter Influencers Scam ore serious offers? on: May 03, 2023, 03:14:47 AM
I don't want to conclude right away that Twitter influencers are plain scammers. You hire them for a fair price, you will get what you ask for: promotion. After all, they've got even a million followers. Just make sure the followers are properly audited for bots and fake accounts and that they're mostly made up of the very kind of users you wish to make an audience of. They're selling visibility of whatever it is you want to be promoted. They're probably not promising you beyond that. In your case, they're probably not giving you a guarantee that you will have many customers because of them.

Whether they're effective or not, I don't know. What I know is that people shouldn't easily fall to whatever it is that's promoted there.
1454  Economy / Service Discussion / Re: Do u think that the body governing need to re-strategize ? on: May 03, 2023, 02:39:21 AM
I think it's wrong to say that cryptocurrency is not supported or accepted by governments of all countries. There are at least a couple of countries already that recognize Bitcoin as legal tender. And although the rest don't go that far, cryptocurrency is actually accepted by probably the majority, at least by implication. Meaning, crypto isn't illegal or banned. Even in countries where crypto is not yet strictly regulated or even classified, people can buy, sell, and spend crypto.

Even in my country where Bitcoin isn't recognized as a currency by the government, it is legal and you can actually pay for goods and services with Bitcoin. 
1455  Economy / Gambling / Re: Anyone remember trueflip.io casino? on: May 03, 2023, 02:06:31 AM
The casino is a little bit familiar. Off the top of my head, the thing that I can immediately remember of Trueflip is their dolphin logo colored blue. I can't be sure if I ever played in their site but I remembered visiting it a few times.

But one of the things that discourage me in a crypto casino is when they offer their own token. This approach really doesn't appeal to me. There were a number of crypto casinos back in 2017 which conducted their own token offering. Edgeless was one of them. I think not many of them achieved great success.

The first thing that comes to my mind when a casino has an ICO (which has to do with their platform launch itself), it that the bankroll is small and they think that an ICO will help them to boost their business, it is a mistake in my opinion. It is obvious that if someone is not sure their liquidity or investment is not big enough too start a healthy casino when they should not get into such competitive landscape and save themselves a the gambling community a lot of trouble.

On the other hand, if a established casino launches their own utility token and they actually do not depend on the success of such offering to continue to operate as usual, then I could consider it to be okey.

It is not bad to raise additional capital in various ways if you don't have enough money for your project. You make an interesting sales pitch in front of potential investors, convince them that what you have has a huge potential, and get the money that you need. Or just start small and work your way toward growth and success. It would be a different story, though, if you sell tokens which will normally just end up mainly for speculation. I guess it's better to just do away with this. The most successful crypto casinos don't create their own tokens.
1456  Economy / Economics / Re: Food Crisis - Improved, Worsen or still the same in your country (No Change)? on: May 03, 2023, 01:31:12 AM
I don't think there is a national food crisis in my country right now. Although there are families that can't afford to buy enough nutritious food, it isn't because there is nothing to buy. It's more of the fact that they are poor, so it's about their low income. Poverty is prevalent in my country, in certain provinces and regions more than in any other. There is food insecurity and these poor families and areas are the ones who are the most deprived of access. There is also a shortage of certain food, but it's not on the level of crisis.
Probably not a food crisis, but more on food shortages especially for low income people due to unable to buy what they really need to eat. If only the government has also taken an action over this high price issues, by increasing too the minimum wages of poor workers, then there will never be food deprivation since everyone can still afford to buy it and consume it at home. Sadly, it’s not happening at the moment. While prices continue to surge, poor people continue to suffer too and just adjust their meal schedule like they have to wake up late so that breakfast and lunch will become just a one meal.

It isn't food crisis if there is enough food. If there is no food shortage, I guess there can't be a food crisis. If there is enough food but people are still going hungry because they don't have the money to buy or the access to it, it's a different problem. But it isn't food crisis. And that's what's happening in our country.

The food crisis that I can remember was the sugar crisis. It caused the closure of huge businesses because even though they can afford to buy sugar there is nothing available in the market.
1457  Economy / Gambling discussion / Re: Questions of the day for gamblers on: May 03, 2023, 01:11:04 AM
I can hardly imagine a gambling platform that is truly decentralized. In the first place, it is a third party owned and ran by certain individuals or a company that has to be operating from a certain place in order to secure a license. All those mean they have single points of failure. As far as games are concerned, most of them have providers, although there are those that are provably fair, which means that players can verify for themselves whether the results are truly fair.

Random-based gambling is always based on luck. Your strategy will be on money management. It can't be on winning games.
1458  Bitcoin / Bitcoin Discussion / Re: The major role of cryptocurrency in promoting financial inclusion. on: May 03, 2023, 12:44:42 AM
The risk with using Bitcoin in doing business though is that sometimes you might be forced to wait for a while before making use of your income. There will be times you cannot immediately roll your funds. There will be times your capital will have to stay put. You must be aware that volatility is generally not good for business. The price of Bitcoin could significantly fall within hours. And if you will have to convert your Bitcoin to fiat in your business operation, it's either you will do it with a loss or you will wait indefinitely for the recovery.
1459  Bitcoin / Bitcoin Discussion / Re: Highest Record Bitcoin Transactions, What does this indicate? on: May 02, 2023, 01:45:47 AM
My opinion would have been entirely different had the majority of these transactions not Ordinals. But since 54% of this all-time record is made up of Ordinals, there's not much to say except perhaps that Ordinals have probably clicked and that miners are probably happy that there's a considerable increase in fees because of them. However, this is probably not something to be really excited about, and does not really represent growth in adoption, if one is of the belief that Bitcoin transactions should remain monetary.
1460  Economy / Economics / Re: Which do you prefer on: April 30, 2023, 02:05:17 AM
If this is me, I would leave my job and focus on trading and use a portion of my profit to start a business so that whatever happens to my trades, there is still something that provides me money. It's because, with the way you share your story, you seem to be a successful trader.

But that's for me. And that's because I hate to work in an office where I have supervisors and managers and all kinds of bosses. I just want to travel and work whenever I want to. Things could be different to other people, though.

With you, you seem to be happy and proud of your regular job. Why do you have to quit? As a matter of fact, even with that job of yours, you still managed to make successful trades. You don't seem to be drained and stressed out. If you can have both, that's certainly better.
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