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1821  Economy / Gambling discussion / Re: Atari Set to Launch Cryptocurrency Casino Featuring Atari-themed Games and NFTs on: March 09, 2021, 04:39:44 AM
It seems Atari has procured this gambling license for a record 7.5 million dollars in the last financial period.

https://www.globenewswire.com/news-release/2020/08/13/2077631/0/en/Annual-Financial-Results-2019-2020-Atari-delivers-another-financial-year-of-profitable-growth.html

So I assume that they won't be planning a very simple crypto casino here considering the amount of licensing fees they have paid. It's definitely good to see known brands are jumping into the crypto gambling bandwagon. Hopefully such known entrants will increase the overall reputation of this market.
That is a lot of money for a gambling license. I hope that despite the chances that they are going to be a different casino, I hope that they won't stray too far because people might be alienated when they replaced a lot of the classics that you see in a casino. With more NFTs coming in the market, it will only get harder for us to find the right one to buy.
1822  Economy / Gambling discussion / Re: [Boxing] Estrada vs Chocolatito WBC, WBA & Ring Magazine Unification Fight on: March 09, 2021, 03:51:44 AM
But Chocolatito is more exciting as he has more KO wins, so he needs to find a way to KO his opponent as he is not favored to win this fight, his best chance to win is to KO so there will be no more controversial decision in case it will reach to the judges scorecard.
Experience is everything when it comes to boxing, their last fight was a close one so I think that this fight I can comfortably say that it could be anyone's game because I think that Estrada is more prepared and determined now because he already lost to Chocolatito last time so he knows what mistakes shouldn't be made. A KO will definitely be a good way to win for Estrada because a drawn out fight is going to be in favor of Chocolatito like the last time.
1823  Bitcoin / Bitcoin Discussion / Re: Why bitcoin mixers are only for criminals on: March 08, 2021, 08:41:25 AM
If Bitcoin mixers are designed for criminals, privacy coins are designed for criminals only too. Why do ordinary people need privacy if they have nothing to hide?
That is a really flawed argument, privacy is a right and just because you don't have anything to hide then you don't need privacy. If I were to use that logic, that also means that people doesn't need clothes because they don't have anything to hide because clothes is some sort of privacy. Privacy coins were designed to be used by people that are living on surveillance states.
1824  Bitcoin / Bitcoin Discussion / Re: Why kids born in 2140 don`t get a chance to mine rewards? on: March 08, 2021, 08:00:41 AM
There is no need to worry about what will happen in 2140, because I believe in that year there is a technology that may be more sophisticated
than blockchain. Or maybe even Bitcoin was dead at that time, and there are many more possibilities that will happen. Because no human is
capable of knowing the future. So I don't think you need to think too far for 2140, why don't you think about what will happen tomorrow or
the next 5-10 years. What still makes sense for us to predict, I myself am confused when asked about what will happen in 2140.
There are people who can't seem to stop caring about the future especially those in power, I agree that we don't have to worry about what happens but we have to at the least think about it because what we do in the present is going to shape the future. @Shasha80 is right, a lot of things could happen along the way and we may never know until we have arrived there so no use speculating.
1825  Bitcoin / Bitcoin Discussion / Re: I quit smoking and buy Bitcoin every week on: March 08, 2021, 07:20:57 AM
right choice friend, I will try to apply this to my husband,
oh ya, your cigarette fund is quite large, 70 $ / week, if one month is 280 $ in a year you can save more BTC, and you may get more benefits if you buy BTC than smoking which only leaves the disease and quick death effects of smoking
70$ is a lot of money in my country and I am quite shocked because a pack here is around 3$, that must be a lot of cigarettes. Good thing that I don't smoke because I have a lot of things that I wanted to spend on and cigarette is not one of them. There are helpful apps to keep on track with how much money you are saving by not smoking and that can be psychologically helpful as you have some sort of positive reinforcement for your commitment to stop smoking.
1826  Bitcoin / Bitcoin Discussion / Re: MicroStrategy Purchase on: March 08, 2021, 06:44:43 AM
This shows that Microstrategy are buying and not selling.
They are buying to safeguard their wealth from FIAT, why would they sell back
into the very thing they are trying to escape.

This bull run may actually become the norm because of these high level investors
who are planning on holding for years to come (generally).
Yeah you don't say, they are a tech company so they know that bitcoin has a potential and I believe that this is not just a hedge for Microstrategy because I think that they are going to get in the investment game with the bitcoin that they have accumulated, I think that they are going to do well. I hope that what you are saying will come true but we have to be prepared because anything that goes up in the market especially a volatile one will eventually go down then rinse and repeat.
1827  Bitcoin / Bitcoin Discussion / Re: Bitcoin has disappeared on: March 08, 2021, 05:55:56 AM
What exactly is OP's point because I don't have any plans to read that large black of text. How did bitcoin disappeared? What made bitcoin disappear? Why did bitcoin disappear? When did bitcoin disappear? These questions that I have laid needs only to answered with a concise because long paragraphs and sentences tends to trail off the topic and ending up not answering the question.
1828  Economy / Speculation / Re: If the FBI wallet with 141,000 bitcoins was stolen what would happen? :o on: March 08, 2021, 05:08:00 AM
As far as I know, some of those bitcoins that the FBI seized are auctioned or are still kept in as an evidence or something. I believe that if it were ever stolen, the thief needs to be at the least good at hiding because FBI has the resources to find their target and if the upper echelons believe that it is worth pursuing, they can pour a lot of resources into it. Not to mention that FBI might have already put some sort of tracking on the bitcoin and can flag them whenever there is a transfer. FBI is not something you should mess with, the order of fear that everyone should have is fear for God and then the fear for FBI then CIA.
1829  Bitcoin / Bitcoin Discussion / Re: The largest companies use blockchain technology on: March 08, 2021, 04:23:19 AM
Well, how about the car company? TESLA.
There are too many companies and institutions now that were successfully adopting blockchain and the good thing they also used bitcoin upon embracing blockchain technology. I imagine that perhaps in the future blockchain technology is very common everywhere in the country because we are evolving into technologies and blockchain is very suitable for this. Perhaps, time will come for these companies that adopting blockchain will keep growing and even small companies follow their steps.
Just because Tesla bought btc doesn't mean that they are adopting blockchain technology, yes they might be integrating blockchain technology in the near future for their transactions but that is still far from operational. Well, blockchain is a good technology to adopt and institutions see its potential so they adopt it as soon as they can. To me though, small companies should have blockchain integrated in their system because blockchain can help them grow.
1830  Bitcoin / Bitcoin Discussion / Re: Question about current capacity on: March 08, 2021, 03:38:53 AM
If my memory serves me right it's around 7 transactions per second.
That is really slow considering that bitcoin and blockchain is constantly growing day by day. With 86400 seconds in a day, that means that 4,233,600 transactions can happen in a day not including peaks and downs. I guess that infrastructure for the network can help speed it up to make the network less congested but that would be too expensive for LN as btc is decentralized and funding for infrastructures could be difficult.
1831  Bitcoin / Bitcoin Technical Support / Re: 8,000 bitcoin Lost because of the blue death screen. on: March 08, 2021, 02:55:07 AM
That was my first impression of this thread too, that much amount is something that isn't stored in just one hard drive in my opinion. The larger the amount that you own, then you should have thought of splitting the bitcoin in different wallets.
Help me understand why someone would have multiple hard drives to hold roughly 8,000 btc?

Especially back in 2010 when btc was still in its infancy and not worth much.

I understand at today's prices, but not back in 2010?
Back in 2010 it could be understandable that OP won't put 8,000 btc on multiple hard drives but time passes and the prices go up, during the 2017 peak, how come OP didn't think of splitting it. You mean to say that OP didn't check the prices for 11 years only to BSOD the computer and corrupt the wallet in the hard drive? That is a rather suspicious thing for me.
1832  Bitcoin / Bitcoin Technical Support / Re: 8,000 bitcoin Lost because of the blue death screen. on: March 08, 2021, 01:38:07 AM
Looks pretty suspicious or a joke. Having a hard drive with 400 million dollars.
That was my first impression of this thread too, that much amount is something that isn't stored in just one hard drive in my opinion. The larger the amount that you own, then you should have thought of splitting the bitcoin in different wallets.
1833  Economy / Economics / Re: Becoming wealthy and social responsibility on: March 07, 2021, 11:57:01 AM
But unfortunately when we get rich, greed will arise in us, so that anyone who cannot control greed will make good intentions at the beginning which might build a better society, but in fact they continue to thirst for income and wealth. But yes, I hope the opposite of that will continue to exist so as to build a better society not just for the rich, because at least all circles should move together and support one another. Because only with the togetherness of that responsibility will continue to grow and develop every time.
Well it really depends on the person. We can't judge everyone on what they're doing with their own money, but it is good to hear that many people in this community have a good mindset in what should they do in their investments, without degrading others and whelping each other out in many different ways. Charity and other good actions for society has helped a lot not only the direct receivers, but also capable people who have seen the good in these activities; they are encouraged to do something for their community too.
1834  Bitcoin / Bitcoin Discussion / Re: BTC vs GOLD on: March 07, 2021, 11:30:30 AM
I do not accept this.
What has gold got to do with bitcoin?
People should evaluate the market themselves, bro!
When gold is a physical thing, what does it have to do with a virtual thing?
I'm thinking the same thing. For me Bitcoin has really not affected yet the Gold big time. Gold is as what it is. We Bitcoin users just sell our holdings so that we may use our assets in our daily lives especially if we use it on the market that accepts fiat currencies, because for now we really cannot pay with bitcoin in normal stores and merchants. Two currencies are different and they are revolving in two different systems, so I think there's no significant effect between the two.
1835  Bitcoin / Bitcoin Discussion / Re: How have you impact people with cryptocurrency knowledge on: March 07, 2021, 11:06:51 AM
My family members are already familiar with Bitcoin since I am using it, but there's one time my mom actually tried trading and doesn't know how it works, she ended up using up all her converted money. That's part of the experience, but I also taught her to how to handle it and do another way of earning instead. Also, I introduced them to this forum to learn more about bitcoin and I also said they can ask questions regarding bitcoin and cryptocurrencies.
1836  Economy / Economics / Re: Bitcoin millionaire lists reasons most will never be rich on: March 07, 2021, 10:45:28 AM
#1  Difficulty identifying opportunity  There are many opportunities in crisis.

#2  Outdated or inaccurate ideas of how to make money  He recommends renting rather than buying a house and questioning traditional ideas on how to make money.

#3  No plan  This item does not need much clarification.
These things are true: people who are not smart in holding their own money often leads to a not really successful financial status. They usually experience problems in managing their own money and now they don't have any security in the future. It is really important to have plans; save, invest, and do all ways that you can to be free of financial crisis. Once we have done that, we may encounter problems in our money, but it will not be problems of scarcity.
1837  Economy / Economics / Re: How do you define rich? on: March 07, 2021, 10:22:10 AM
For me I call someone rich if they afford more than their daily needs. What I mean is that they have an extra money (either it is from saving, investing, etc.). Also, rich people for me are smart in managing their financial assets; they know how to handle when they experience something that is problematic in their money, and they are not deciding based on what they feel, but they decide what's the best thing to do in adversaries.
1838  Economy / Economics / Re: Can the world be without poverty on: March 06, 2021, 04:42:57 PM
In what is happening in our world, it's hard to pass the blame on anyone: rich, poor, government, etc. Since there are so many factors that are caused by poverty. This is not a simple matter, but eradicating poverty may be real hard and is a long process. We should be in one goal and united if we want to make this happen, and of course it is important to take actions; not necessarily one big step, but one small step can be a big help in starting the change.
1839  Bitcoin / Bitcoin Discussion / Re: How way you choose way to saving Bitcoin ? on: March 06, 2021, 04:17:53 PM
I'll save it into one address. You'll feel a regret with the fees that you'll pay when you're sending it in different address. These days, we tend to compute the fees converted into USD than looking into it as satoshis per byte.
That's why it's the best option to save fees when you're going to save that amount into one address.
Same strategy. Aside from being organized, I may have the tendency to lost track of my transactions if I had wallets that are more than enough for me. It will also save me transaction fees from transferring Bitcoin from one wallet to another. I just always remind myself to keep the only wallet safe and I made backup email address and phone number so if ever my device is lost, I can lock it right away.
1840  Bitcoin / Bitcoin Discussion / Re: The World Without Bitcoin on: March 06, 2021, 03:57:53 PM
Without bitcoin, young people will never have given a chance to manage their own money, especially here in my country. Even when capable, young people are having a hard time to make their own money because of the employment requirements the companies need here. They are finding high standards but the income is low, which is kinda unfair. With bitcoin, just save money and plan on how you are going to hold your assets then you won't regret managing your own money.
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