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Author Topic: Project 1BTC  (Read 845 times)
Silberman
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October 02, 2024, 10:54:16 PM
 #41

I thought this was supposed to be project btc? You are taking risks by gambling and taking even more risks by investing in memecoins. The money you will get to invest in bitcoin will not come from investing in memecoins, this much I can tell. Memecoins will not give you huge profit unless you put huge money in it as well. Even then you do not know if it will actually succeed. Well anyway you did say that this will be a learning experience for you so I am not discouraging you. I am just saying I think that this plan will be unsustainable and will take too long. I am still curious if you can actually make this work.
The moment this was not a long term strategy using whatever amount the OP could save each week to accumulate bitcoin, I knew the OP was going to take massive risks in order to try to get to their goal, and that is exactly what is happening, so while I wish them success, I also know the probabilities this could happen are very low, as not only they need to win consistently on those poker free rolls, but they also need to invest in the right altcoin at the right time, a series of events that I think are more unlikely than winning the lottery.
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October 03, 2024, 02:58:59 AM
Merited by memehunter (1)
 #42

What a cool idea for a thread. I myself am a professional poker player. I currently mostly play 5 tables of 100NL with a mixture of 200NL and 50NL when games are good or dry. This is definitely possible with good bankroll management. I would advise away from the meme coins, because they tend to suck, but if you stick it out in poker you can go far.

Cash games in my experience are really the cash cow for making money. If you want to do a long shot, I would advise putting some money in a tournament rather than a meme coin, because you'll have way more control over the outcome. Freerolls are great for building a bankroll, but once you get that going, I'd go heavy into cash games, but that's just me.

Last month I made over $6,000 from Poker myself after 75,000+ hands with over 172+ hours of play. If you grind hard and with mental discipline, you can go far.

If Bitcoin surges in the next year or so it could take quite a long time, but also the opposite could happen and it would make the goal more achievable. Good luck on your journey sir.
memehunter (OP)
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October 04, 2024, 07:35:27 AM
 #43

                                                               
UPDATE  Day 6 and 7

So my meme coin just hit my stop loss and I cashed out. That was a calculated risk which did not pay off. Anyway, I will again build my bankroll by playing poker and will continue researching more opportunities. Updated balance as of now is $153.
I would advise putting some money in a tournament rather than a meme coin, because you'll have way more control over the outcome.
You have a point here. I was already playing tournaments but from now on I will increase volume. Thanks for the motivation and suggestion.
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October 04, 2024, 12:16:12 PM
 #44

                                                               
UPDATE  Day 6 and 7

So my meme coin just hit my stop loss and I cashed out. That was a calculated risk which did not pay off. Anyway, I will again build my bankroll by playing poker and will continue researching more opportunities. Updated balance as of now is $153.
I would advise putting some money in a tournament rather than a meme coin, because you'll have way more control over the outcome.
You have a point here. I was already playing tournaments but from now on I will increase volume. Thanks for the motivation and suggestion.

I hope and wish for all the best on your journey! Even though it's a risky path, each decides what potential he utilizes to get to what he desires.
Just diversify your efforts, and funds, and don't get distracted by temptations.
What do you think about Pochita on SOL?

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October 04, 2024, 03:46:00 PM
 #45

Honestly I'm impressed the way @OP can make money from zero, although it's not entirely zero since he must be a poker player that at least above average and he's not in financial difficulty. It's actually possible to make some bucks without bet anything if we have skill.

I think it will be a long to go, maybe few months? as long as the meme coins you invested go to the moon.

@OP, you should share your poker skill and technique in gambling discussion. Tongue

 
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October 05, 2024, 04:23:10 PM
 #46

Day 2 was average. I lost a couple of big ones but managed to get in the top 50 in a $1000 GTD and won $20. I also secured $1 in another freeroll.

I agree; with gambling, it will be too hard to achieve that. I wish I could find solace like you with my present financial condition.
 

Bitcoin has been a solace thanks to this forum; had I not joined in 2014, things would be completely different now. I've been observing your topic for the past few days, and I have to be honest, I'm impressed with your determination. You have achieved a bankroll of $153 practically starting from zero. Do I believe that you'll achieve your goal? I highly doubt it, but I'm confident that you'll actually manage to yield a reasonable amount of money if you continue that way. I'd also suggest you do sports betting if you're up for sports.

 
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memehunter (OP)
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Today at 05:48:05 AM
 #47

UPDATE  Day 8-11

I haven't played much during these days (busy with other stuff). I've mostly focused on playing cash tables and grinding my stack back, which I lost because of a meme coin. Yesterday, I realized that I had lost many of my free bets ($20) due to expiration. I had no MATIC to pay transaction fees, as Binance stopped MATIC cash-outs, and I couldn't find a single exchange for a low amount of MATIC. I tried getting a loan here but failed. Anyway, I will be more careful next time.

@OP, you should share your poker skill and technique in gambling discussion. Tongue
There is already lot of information available online for free. I will take it as a compliment anyway. Grin

I'd also suggest you do sports betting if you're up for sports.
Sure if you can help me with some well researched tips. Wink
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Today at 05:57:05 AM
 #48

I appreciate your effort, but this post belongs to the Gambling forum. Grin
Investing in memecoins? Seriously? Making one BTC by playing poker? Seriously? Just get a job, start saving money by buying BTC and after a several years you might get one Bitcoin. You say that you are not a risk loving poker player. How do you plan getting one BTC without taking big risks and going all in when you have good cards? Pokers players that don't make big bets are usually predictable and it's easy to catch their bluffs. Also, do you really think that investing in memecoins will make you rich? Memecoins are created for one purpose- to make their creators rich, not their investors.

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Today at 06:49:58 AM
 #49

this post belongs to the Gambling forum. Grin
Probably you have said this in a sarcastic way Grin but if not, let me explain: I am not gambling (I have explained this too many times). Even if you consider poker as gambling, this topic is not all about poker; poker is just one of many things I have in mind. Mods have already moved my topic based on their own discretion.

How do you plan getting one BTC without taking big risks and going all in when you have good cards? Pokers players that don't make big bets are usually predictable and it's easy to catch their bluffs.
You gave me an impression of someone who just has superficial knowledge of how poker works. Since you are so sure about how so-called 'small bet poker players' operate, why not have a heads-up match with me? We will play 1,000 hands live on stream, and you can catch all my bluffs Grin. If you want to proceed, please let me know, and we will discuss the stakes and nitty-gritty details.
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Today at 07:13:51 AM
 #50

I don't want to shatter your dreams, but it's not the best path to owning 1 BTC or any other respectable amount.

If you have a job, why not take a percentage of your salary and buy bitcoin with it? You can spend some more time building trust and expertise with your Bitcointalk account and perhaps join a BTC signature campaign. Alternatively, do some freelance work and gigs that pay in bitcoin.

Gambling sometimes leads to profit if you know when to stop, but as you have demonstrated, it can go south quickly. I see no logic in buying shitcoins and speculating that their value will explode. It's another type of gambling. Why not invest the money directly into bitcoin, without trying to find the next-best banana boy?    
I completely agree with you. Why gamble? I bet that this path will only lead to loss of money. You can buy a small amount of Bitcoins with each salary and not touch them until the goal is reached.

What is this absurdity? How can you start the path to such capital from scratch? It is a priori impossible. Why do people strive to deceive themselves?

 
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MeGold666
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Today at 07:59:13 AM
 #51

He is just advertising a scam platform....  Roll Eyes


Do not advertise gambling, it's a cancer.
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Today at 08:04:37 AM
 #52

OP wrong section. You're looking to make money from gambling, not build a wealth of Bitcoin from hard work and savings. If you want to try to do this, you just need to look up DCA. At current price it may take years, I assume you are like me making Asian salary, but you never know, sometimes big dips help a lot.

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MeGold666
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Today at 08:06:46 AM
 #53

OP wrong section. You're looking to make money from gambling, not build a wealth of Bitcoin from hard work and savings. If you want to try to do this, you just need to look up DCA. At current price it may take years, I assume you are like me making Asian salary, but you never know, sometimes big dips help a lot.

Even worse, he is trying to make money out of luring people into his scam gambling platform.

Never underestimate marketing people, they will create a whole world of delusion just to lure people into a scam.

I have already reported his post, hopefully gets removed before some poor souls follow him.

Do not advertise gambling, it's a cancer.
memehunter (OP)
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Today at 08:10:13 AM
 #54

OP wrong section. You're looking to make money from gambling, not build a wealth of Bitcoin from hard work and savings. If you want to try to do this, you just need to look up DCA. At current price it may take years, I assume you are like me making Asian salary, but you never know, sometimes big dips help a lot.

Even worse, he is trying to make money out of luring people into his scam gambling platform.

Never underestimate marketing people, they will create a whole world of delusion just to lure people into a scam.

I dare you to prove your accusation, or I will open a topic in the reputation board.
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Today at 08:12:25 AM
 #55

I dare you to prove your accusation, or I will open a topic in the reputation board.

What more proofs do I need ? Your posts about "winning" and sometimes losing are enough, you are just advertising a gambling platform that scams people out of money.

And I hope you burn in hell for it.

/Over & Out.

Do not advertise gambling, it's a cancer.
memehunter (OP)
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Today at 08:16:56 AM
Last edit: Today at 08:32:35 AM by memehunter
 #56

I dare you to prove your accusation, or I will open a topic in the reputation board.

What more proofs do I need ? Your posts about "winning" and sometimes losing are enough, you are just advertising a gambling platform that scams people out of money.

And I hope you burn in hell for it.
Ok I will see you in reputation board; https://bitcointalk.org/index.php?topic=5512541.msg64615237#msg64615237
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Today at 09:07:31 AM
 #57

Two things,

One, to MeGold666, I skimmed through the pages, so I might miss something, but how exactly is he scamming? I didn't see him promoting his casino anywhere, other than listing casinos with free rolls, unless you're saying that he's somehow the owner of Betcoin? Of which I will laughed out loud and most likely hurt myself due to a severe stomach cramp. Unless you have a concrete evidence that point out to your suspicions, I don't think this is a scam attempt, not even promoting casinos [of which he's not the owner or even their staff]. It's merit fishing at best. If you want to throw muds into OP, use that, it's more logical than accusing him of scam.

Two, to OP, memehunter like yahoo, I am interested to see if you can reach your goal, and for that, I'll watch this thread from time to time. Hopefully you didn't lose your interest mid way and lock this thread. The advice to get into signature campaign and do a freelance job will certainly speed up the process. And oh, don't forget that casinos do promotional contest from time to time.

For example, two that I currently know are open for public [not invite only]: one from SB and one from BC

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memehunter (OP)
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Today at 09:31:24 AM
 #58

It's merit fishing at best. If you want to throw muds into OP, use that, it's more logical than accusing him of scam.
Your wit has caught me many times Grin. Thank you for giving him at least one sensible accusation Grin, I mean who knows he can still copy your idea.
Hopefully you didn't lose your interest mid way and lock this thread. The advice to get into signature campaign and do a freelance job will certainly speed up the process. And oh, don't forget that casinos do promotional contest from time to time.
Yeah, you rightly pointed out my biggest fear (one of the reasons to start this marathon). I do have a job (nothing fancy but decent enough), thanks for your suggestion regarding freelancing. And regarding casino freebies; Believe me, you really do not want to get me started (I am an ultra pro max level player).
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Today at 11:02:46 AM
 #59

OP mentions Betcoin and Stake once in this topic, and the overall idea is not to try to allure or persuade players to play there. Even if that was the case, these are two popular crypto casino brands and not unknown casinos that could benefit from such shilling. With or without OP posting about them here, they have tons of players and don't need him. So, I don't agree with you, MeGold666, that he is trying to scam someone with his mentioning of those platforms.

I wasn't convinced of his methods and ways in which he intends to earn 1 BTC, but it doesn't smell as a scam. It would make more sense to accuse him of shilling that meme coin he mentioned a couple of posts ago. But even that doesn't shed a positive light on the project because he claims to have lost money on it. All in all, you don't have a case.

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memehunter (OP)
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Today at 12:55:55 PM
 #60

OP mentions Betcoin and Stake once in this topic, and the overall idea is not to try to allure or persuade players to play there. Even if that was the case, these are two popular crypto casino brands and not unknown casinos that could benefit from such shilling. With or without OP posting about them here, they have tons of players and don't need him. So, I don't agree with you, MeGold666, that he is trying to scam someone with his mentioning of those platforms.

I wasn't convinced of his methods and ways in which he intends to earn 1 BTC, but it doesn't smell as a scam. It would make more sense to accuse him of shilling that meme coin he mentioned a couple of posts ago. But even that doesn't shed a positive light on the project because he claims to have lost money on it. All in all, you don't have a case.
I have no idea why he gets the impression that I am scamming people. He could have just posted his criticism (no matter how harsh) towards my approach (like yourself and many other members). But instead, he just made a false accusation and ran away like a coward when asked to submit any proof. This behavior is a classic example of trolling, which should not be accepted here, especially when accusing someone of a scam.
I challenge him to show any sort of link between scam casinos and me, and this will be the last day of me in this wonderful forum. The other option for him is to publicly apologize to me, and we can go our separate ways. I will also open a flag if needed; there is no place for baseless trolling in this forum. You cannot just simply hit and run.
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