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961  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: September 11, 2023, 01:09:05 PM
$1 per day is $350 per year. Here we often can see how some coin raises x10 per week. So it is not so small sum as we think. And if we`ll analyze our every day spending, we can find $5-20 per day that we spend for nothing. Of course it not only buying lottery tickets but the result can be awesome, if we can control this spending and use it cleverly.
I was thinking even less: $1 per week = 50 dollars per year = 500 dollars per decade.

-snip-
The lottery is just the part or expenses we don`t need to do. You buy coffee, lottery, hire taxi, when it is easy to walk, etc. As the result we get lots of money we lose everyday.
And even if we are talking about only lotteries - lots of people buy several tickets once a week and it can be much more than $1 per day.

That's why we are talking about this topic here. On one hand, does it make any sense to spend a lot of money in lottery tickets when, in terms of happiness, buying just one from time to time should be enough because, that's it, you got the possibility (and forget about near to zero probabilities of winning)?.

On the other hand, walking is more healthy and cheaper than hiring a taxi, so there is a clearly more reasonable answer here. Coffee is a drug, but it can have a positive effect in several cases, when it's consumed responsibly; and that's what I think about lottery too.
962  Other / Beginners & Help / Re: Bitcoin mining is winning on: September 11, 2023, 05:09:36 AM
All right, it is much more polluting than pressing down a button and printing money, so although many industries are much more polluting, there may not be such an easy alternative for many of them (fiat is not really an alternative, but "explain it to them").

I think that the spreading of that claim is the product of interest groups which are not specially interested in Bitcoin. Interest groups which practically don't get replied by crypto stakeholders, leading to the ignorance of the public.
963  Economy / Gambling discussion / Re: Gambling with entropy (Chaos) on: September 11, 2023, 04:56:56 AM
Seoincorporation, I'm happy to see that you follow with your experiment and that it is granting you several moments of joy. If I'm not wrong, you got with your system more than double the clams than staking through the years, isn't it?

I hope you good luck and clams going to the moon soon. Just make sure you don't lose them in a losing spree in the casino while in auto-pilot Wink
964  Local / Español (Spanish) / Re: La mitad de los jóvenes entre 20 y 29 años invierte en criptomonedas en España on: September 11, 2023, 04:48:26 AM
Lo sorprendente (o no tanto) es que medios de prestigio como el referenciado en el OP o los abajo recogidos, no se planteen si la encuesta está bien hecha, es reciente, y representativa de la realidad actual:

https://www.eleconomista.es/actualidad/noticias/12436486/09/23/el-50-de-los-nativos-digitales-invierte-en-criptomonedas.html
https://elpais.com/economia/2023-09-07/criptomonedas-y-vivienda-las-principales-preocupaciones-financieras-de-los-nativos-digitales.html

Por contrastar, la CNMV realizó un estudio el año pasado donde se indicaba que:
- 9,3% de las personas entre 16 y 24 años invertía en criptomonedas
- 27,7% de las personas entre 25 y 34 años invertía en criptomonedas

La cifra del estudio del OP da un 50% de inversores en cripto para la franja entre los 20 y los 29 años. El estudio de la CNMV no usa las mismas franjas, per se ve claramente que la franja 20..29 ni de coña llega al 50%.

O en un año cambiaron mucho las cosas (la encuesta del OP radica sus datos en el 2021, y la de la CNMV en el 2022), o alguna (si no las dos) han errado claramente en la metodología.


Puede que no estuviera mal hecha, y que simplemente se tratara de lo siguiente:

- Hola qué tal, muy buenos días. Mire, le llamo de la CNMV para preguntarle si tiene criptomonedas.
- Uffff, lo siento, es que me pilla justo con el pavo en el horno. Hasta luego...

Nótese el humor (aunque quién sabe).

Otra cosa es que probablemente llegará un momento en el que al comprar un refresco, en la chapa o anilla te vendrán códigos de criptomonedas. Entonces sí me creería que el 50% de la horquilla mencionada tuviera al menos alguna altcoin o algún satoshi por ahí perdido. Hoy por hoy, ni en broma.
965  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: September 10, 2023, 11:01:48 AM
I admit that luck is required in any form of gambling and might be solely required in some games too, but when it comes to lotteries, although it might not be all, I'm sure that math plays its role as well. I say this because I have a friend who is an agent of a lottery company, I witnessed how players including himself forecast based on calculation. The only issue here is the time the lottery company will pick among the old numbers' time, and this is key to knowing the right combinations to come and it's not certain for anyone. Still, they follow some pattern and it works for them. If not, I wonder how people cash out daily on such Lotto, even those who won with between 4-6 numbers did so after they had forecasted it.
Lottery games are based on pure luck. Don't believe anyone who tells you otherwise. He is either lying or trying to sell you some fake strategy.
If your friend can do some magical calculations and win the lottery then he would the richest man on earth. Sorry, but I am having hard time to believe that. Do you mind explaining more about what he does exactly to predict the winning numbers! This would be interesting. Although, as I said, I'm convinced it won't work.

As long as the maths behind a certain game are not rigged, you are right that not only lottery but other games used for gambling are based on pure luck and designed to make you lose in the long run. At least, with lotteries, the few lucky winners who hit the jackpot can forget about keeping playing because they hit their goal, so there is no need to keep playing (and, therefore, lose it all in the long run).
966  Other / Beginners & Help / Re: What did you do After Reaching your Bitcoin Goal? on: September 10, 2023, 10:57:42 AM
I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?

Congratulations for reaching your goal (at least, soon)!

In my case, I'm still far from reaching it, but when (if) I do I guess that my life with financial independence will (would) be much easier. Most of us live a life in which it is almost mandatory to get a credit to buy a car or, at least, a house, and I see how most of my friends get mortgages for 30 years, mortgaging not only their home but their life.

I hope that Bitcoin will save me from such a fate.
967  Economy / Gambling discussion / Re: Crypto betting on: September 10, 2023, 10:48:15 AM

Feedback from other members who already tested different services is the best way to go for me too, but one should never forget to read the TOS thoroughly (and re-read them from time to time), as no one will do it for you. They're not do long and the information contained there is the most important. But yeah, to know about features, limits, etc... the honest reviews from real players is most helpful.
<...>
this is how helpful this forum for everyone , specially for Online or crypto gambler,
because we are safer because of this community.

That's what I think too. I think that most members here (at least most veteran members) try to be honest with their comments and reviews, and this is thanks to the importance many of us give to reputation here. Those who systematically cheat on others don't take long to be flagged, and their accounts end up being worthless.

And it is a general thought inside the forum: we can link that, for instance, with what Z390 said in another recent topic:

-snip-
If you want try them out then make sure that they have an announcement thread opened on the Bitcointalk forum, few new casinos made it to the forum and still turn scam, they are been dealt with by raising an alarm and red tagging their account, This spreads information all over the forum and outside the forum, at least many are saved from becoming the next victim.

Compare this to if the new casino has no Bitcointalk ANN, it will take time before many people know that the casino is already scamming their users, on the long run, the casino must have made a handful of money from scamming their customers.

Information is very vital when dealing with new online casinos this days.
968  Economy / Services / Re: [OFNT] [AOBT] The Alliance Of Bitcointalk Translators on: September 10, 2023, 10:38:54 AM
Dear AoBTers,

My friend famososMuertos from the Spanish local board has proposed me that the Alliance could help by subtitling the videos from the Youtube channel: The Bitcointalk Show. I personally like the idea (last week I read a post from a new member who said that he knew the forum because he heard about it in Youtube).

What do you think?


Sounds like a good idea. You guys can totally do this.
Thanks for pointing me in the direction of this channel, I didn't even know it existed.

-snip-

Does anybody know who is the author of these videos so we can contact him? If this info is not public, could someone send me a PM with the answer?

TY!




and on we go with the translations. this time another topic from fillippone which has been translated into polish and is now available for the polish community: #meritislife: jak otrzymywać powiadomienia na smartband o meritach i wzmiankach

Thank you cygan! translation added to the list.

Taking into account that most of us should be back from holidays soon, starting next week we'll boost our activity and propose a few improvements. Stay tuned AoBTers!
969  Local / Primeros pasos y ayuda / Re: #meritislife: cómo recibir notificaciones sobre méritos y menciones en smartband on: September 10, 2023, 10:27:02 AM
Well done @Porfirii!
This is a fun thread. I am just sorry that so many images got erased.
Maybe you can do some magic and recover them. In case, let me know!


Traducción de cortesía a través de GT
¡Bien hecho @Porfirii!
Este es un hilo divertido. Lamento que se hayan borrado tantas imágenes.
Tal vez puedas hacer algo de magia y recuperarlos. Por si acaso avisame!

Imágenes recuperadas, fillippone Wink

Por cierto, como comentaba Csmiami más arriba, parece que el bot de giammangiato no funciona. ¿Convendría editar la parte obsoleta?


Immagini recuperate, fillippone Wink

A proposito, come ha commentato Csmiami sopra, sembra che il bot di Giammangiato non funzioni. Sarebbe opportuno modificare la parte obsoleta?





Ah, yo sí lo llevo usando hace bastante tiempo: he preferido quitarme de otras M****** como Instagram o Twitter (¿se permite seguir llamándose así?) y en cambio recibir notificaciones más productivas.

fM, los usos para dispositivos que comentas, a este paso cualquier día Cheesy; lo bueno que el día que quieras desconectar, nadie debería impedirte quitártelo salvo la propia codicia.

970  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: September 09, 2023, 08:36:27 PM
I can`t say that he is clever like the PC. He mostly like the machine - no emotions, just maths and analyze. He is clever enough to decide what is interesting for investment and he plans his life for 20-30 years at least. And i`m sure that nothing will stop him. He can gamble, but it would be just a part of strategy or, probably, it would be a chance to some new investment. It is too difficult and dull for me, but the result is really great.

Attitudes like your friend's are well known to be good strategies (politics) if you can hold to them for the long term. Don't eat outside as a rule, don't pay for pluses in insurance plans... and, of course, don't gamble.

But in the case proposed, the amount to be spent in lotteries is ridiculous, so it wouldn't make any difference, even in the long term (50€ a year is 500€ in a whole decade, which is not much).

But I agree that 500€ here, 4,000€ from not eating fast food, 1,000€ from savings in insurance plans, etc. can make a difference (not just lottery alone, unless you spend a lot on it).
$1 per day is $350 per year. Here we often can see how some coin raises x10 per week. So it is not so small sum as we think. And if we`ll analyze our every day spending, we can find $5-20 per day that we spend for nothing. Of course it not only buying lottery tickets but the result can be awesome, if we can control this spending and use it cleverly.

I was thinking even less: $1 per week = 50 dollars per year = 500 dollars per decade.

Depending on the type of lottery there can be daily draws, weekly ones, or even yearly: in Spain is very typical the "Christmas Lottery", at 20€ per ticket, and people often buy several tickets.

That means that the person who buys a pair of tickets for Christmas would be able to play the whole year for the same price in the weekly lottery. But, of course, those who play every day are wasting their money: they don't dream from time to time with the prize anymore: they are looking for it, or worse, obsessed with it.
971  Other / Beginners & Help / Re: My decision on bitcoin on: September 08, 2023, 01:13:11 PM
Well, if the phone is not necessary anymore since you have another one then it is a wise move. The value of that phone will depreciate fast over time while the value of your satoshis will be worth more than double next year or by 2025. There is a risk of course but I guess most of us here are very confident of a major bull run during and after bitcoin halvings as what we've seen in the past.

-snip-

In fact, I think that it is all about Opportunity Cost:

Quote
"the loss of potential gain from other alternatives when one alternative is chosen."

If you decide to sell the goods you don't need anymore (in a consumer society we usually have many), and you invest the price in Bitcoin, you have to assess first what assets you prefer. You should make the same decision when you think about other alternate investments also.

Instead or selling goods, idea I personally like as a first step towards a minimalistic life, you can also think about investing your time. But, again, your time has a value, so you have to decide which is the best opportunity among the existing ones (spend time, spend money, liquidate your goods, invest in traditional assets or altcoins instead, or simply save).
972  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: September 08, 2023, 12:52:29 PM
I have a friend, who has a "PC in his head" - he calculates everything and counts everything is it useful or useless. It is difficult and, as for me, dull enough, but when i see the result and it really impresses. He don`t eat junk food, don`t buy any lottery tickets but invest all saved money. As the result he get every month income about several thousand dollars from investments. And he is only about 30 years old. So he can don`t work right now due to tickets he didn`t buy.
Of course there are people who wins the prize and there are people who deserve it. But my friend will reach the result much faster than such people.
Honestly, these people are very privileged, if you Realized that money is in the investment, then you are on the right path, these types of friends are the ones that one as a player, as a person should surround oneself, I have particularly been in circles of friends that in my case I have shared what I know so that they can do that business and benefit , or if there is a particular type of work to do, I offer it to them so that they have Access and can Benefit, but as a person I hope the same treatment, I always hope that they can come and share their knowledge, and that everything is in order to make money and that everyone does well, but unfortunately I have discovered that all those people who in a moment have been benefited thanks to my influence and my discoveries that the process is not reciprocal, that is, they do not share, and in fact it is even more obvious that members of my family are like that too, which is unfortunate, disappointing and exhausting, so let's see this ipod and Friends are the ones who should be valued the Most , in fact the people who are like this and who share always do well, but they are the ones who receive the most kindness, so these kinds of things are what should always be considered.

-snip-

I can`t say that he is clever like the PC. He mostly like the machine - no emotions, just maths and analyze. He is clever enough to decide what is interesting for investment and he plans his life for 20-30 years at least. And i`m sure that nothing will stop him. He can gamble, but it would be just a part of strategy or, probably, it would be a chance to some new investment. It is too difficult and dull for me, but the result is really great.

Attitudes like your friend's are well known to be good strategies (politics) if you can hold to them for the long term. Don't eat outside as a rule, don't pay for pluses in insurance plans... and, of course, don't gamble.

But in the case proposed, the amount to be spent in lotteries is ridiculous, so it wouldn't make any difference, even in the long term (50€ a year is 500€ in a whole decade, which is not much).

But I agree that 500€ here, 4,000€ from not eating fast food, 1,000€ from savings in insurance plans, etc. can make a difference (not just lottery alone, unless you spend a lot on it).
[/quote]
973  Economy / Gambling / Re: 999LUCKYDICE GAMBLING on: September 08, 2023, 05:07:16 AM
I am certainly not going to deposit a single satoshi on that site. Too many suspicious points: two different newbies claiming to have nothing to do with the casino, bothering to promote it on the forum, a casino created in the last month, and then we have this:

Be careful! In the chat of the casino players the system displays messages about the withdrawal and how much was the withdrawal - this is a 100% fake.
Avoid this casino. Such casinos do not have licenses. Also, such casinos can manipulate the RTP. If in doubt, check for a license. Good luck to all!

When there's smoke there's fire, you know.

Stay away from it.

I have nothing against new business like that which want to get their share in the market, while we all know that there are more serious platforms who have been used for a while and tested by other people before, so going there is less risky. But who knows, other great casinos started from draft also, so I agree with you that at this initial stage it can be better to avoid deposits in newly created services, but we should follow it up.
974  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: September 08, 2023, 04:56:00 AM
Thanks for the beautiful initiative OP. I also think that local boards add a great value to the forum and we should boost them. In the end, not everybody reads fluently in English (and not to mention writing) and even those who can usually prefer to do it in their native language instead.

BTW, it might be a good idea, I think, to add a small table with the sum of the merits sent per local board thanks to this thread.
975  Local / Español (Spanish) / Re: El Salvador – Balance actual del contravalor de los BTCs comprados on: September 08, 2023, 04:43:46 AM
El tema de El Salvador ha perdido su mojo, al amparo de la bajada del precio de BTC desde su ATH, y aunque se sigue observando todo lo que haga, ya no hay todo el hype mediático al respecto. Supongo que, de haber cogido BTC la senda ascendente otro gallo cantaría, pero la senda fáctica ha paralizado proyectos, inversiones, y réditos esperados

Pues yo a este respecto veo el vaso medio lleno y estoy esperando a ver esos proyectos, inversiones y réditos con el próximo bull market. El Salvador declaró al bitcoin como moneda de curso legal en pleno bull market anterior, pero la fiesta solo duró dos meses y medio. Espero con ganas ver qué pasa el próximo, aunque no creo que la gente de la calle se anime a usarlo masivamente como moneda, como comentaba en el otro hilo, aunque si tal vez a ahorra en bitcoin los que puedan.

Viendo cómo se han comportado otras divisas del entorno más cercano a El Salvador, incluso tras el bear market me atrevería a decir que muchos salvadoreños habrán mantenido relativamente bien su poder adquisitivo. Lógicamente, otro gallo hubiera cantado si la decisión la hubieran tomado cuando el precio de Bitcoin estaba en mínimos, pero tampoco me parece de momento que el experimento haya fracasado.
976  Economy / Gambling / Re: COINS.GAME | THE MOST REWARDING CRYPTO CASINO on: September 07, 2023, 12:22:28 PM
I don't know the reason that motivated the ban on some jurisdictions like Spain or France (most crypto casinos I have tested before took these measures in the case of citizens of the US, but it is not commonly applied to European countries). As another member said, you'll know your reasons to do that, and I'm just curious which ones were those.

On the other hand, in order to be able to claim that yours is "the most rewarding crypto casino" you should prove that it is true; otherwise, the claim might be considered misleading.
977  Local / Español (Spanish) / Re: Hablemos del Caso W.M: Charla abierta a todos, mezclemos ideas, opiniones... on: September 07, 2023, 12:12:48 PM
No he seguido este caso con el interés que merece, por lo que no sé si los flags son fundados o no (pareciera que sí), pero muy mal en todo caso si se demuestra el exit scam, por ser el promotor de una de las campañas más potentes del foro. Últimamente estamos viendo algún caso más en esta línea, por lo que veo normal que distintos usuarios se hayan sentido especialmente agraviados.
978  Other / Beginners & Help / Re: Calm the pressure on: September 07, 2023, 05:15:57 AM
I don't think bad ideas borrowing money for investing in Bitcoin during still in the spot trading trend without use borrowing for future trading, actually with current Bitcoin price now is more profitable in the future because bitcoin dropped to $25k. Its not matter when borrowing use for something more productivities in the future except take borrowing and use for consumer needs. Learned with how many businessmen success build with their project and many of them take borrowing but manage well how to make it profitable.

Don't blame and afraid with borrowing money for investing in bitcoin during your investing in the right time and Bitcoin price still drop, difference when bitcoin have on the higher price actually is not really recommended using loan for investing in Bitcoin.

The problem here is that you can never be totally sure about the next movement in price. Most of us agree right now that we are at the end of a bear market/accumulation phase and we should see the prices rise and even a new ATH next year. But, although it will possibly happen, there is no certainty about it and it should be taken as a very risky investment (or simply gambling).

When you take a loan to buy real state or consumer needs you get something in exchange of your money, and you have thought how to pay it back (with your salary or other sources of income). If your plan is to buy Bitcoin and pay the loan with the future profits, you'll have a great problem if the bear market continues longer than expected.
979  Economy / Economics / Re: Europe Will be first to use Stablecoins and btc crypto on: September 07, 2023, 05:06:48 AM
Many newbies have been creating new threads about how to learn and contribute to the forum as soon as possible. Although many of us are a bit tired of threads like these, I think that you should've created one of them before posting your OP:

As others said before, your arguments make no sense and show lack of knowledge on the subject. As a European myself, the simple idea of abandoning euro to cryptos makes zero sense. Maybe a reasonable strategy for underdeveloped countries with very weak national currencies (El Salvador and the like), but certainly not for Europe and Euro. You didn't mention any reasonable argument to support that thesis, and that should've been the first step, instead of sharing your opinion without knowing some fundamentals.
980  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Littleboy's altcoin casino on: September 07, 2023, 04:55:32 AM
I want to welcome you to the forum too, and encourage you to keep improving your platforms, since there are many competitors but it is still the right moment to build a business like that.

As other said, your site is still being developed so this may not be the best moment yet for a signature campaign. Maybe for a review campaign so you'll know what to improve first. On the other hand, if you need help translating your website and/or your OP in order to post it in the different local boards, to increase the awareness on your altcoin casino, you can ask reputed bounty managers if they offer the service, ask the member wwzsocki, or let me know and I will ask the other members of the AoBT for availability.
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