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Showing 20 of 1,026 results by Free Market Capitalist
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Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Free Market Capitalist
on 25/07/2025, 07:01:00 UTC
Strategy just increased its total $STRC offering AGAIN - $2.8 Billion to buy more Bitcoin.




https://x.com/fiatarchive/status/1948543201348124684?t=oW4nXNHLD0MLvNB6WBqvPA&s=19

Lol. I think when I watched the video the initial offering was going to be "just" $500M. That is almost a 6-fold increase over the initial offer. I think it has happened like with the 21 21 plan they presented in October last year. The demand overwhelmed them and they had to end up issuing more.
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Merits 1 from 1 user
Re: Thread to discuss acceptable uses of AI in the forum
by
Free Market Capitalist
on 25/07/2025, 06:51:00 UTC
⭐ Merited by ABCbits (1)
This Ai thing will end critical thinking some day just like text messaging ended quality letter writing.

Yes, of course, and the printing press put an end to the “quality” medieval copyists, in the same way that the computer and word processors put an end to the “quality” typewriters.

I think this is another negative side of using Ai. It encourages laziness in research and writing.

The other way around. You don't use AI much either, do you? What I use it for the most is to learn. That's like saying that the harvesting machine encourages laziness because people no longer harvest by hand. What these innovations do is increase productivity. And in this case exponentially. And it is precisely the increase in productivity that has led humanity to an increase in population and quality of life standards that were unimaginable two centuries ago, when Malthus prophesied the opposite.

It is the same as with the Internet. It has made it much easier to communicate, acquire and transmit information. Not to mention many other things, such as bitcoin or AI itself. But there are lazy people who only use the internet to look for likes on Instagram or TikTok. Or that they use it to plagiarize, instead of doing honest research citing sources.

AI is a tool with a lot of potential. How it is used, honestly and properly or not, depends on the person.
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Topic
Board Gambling discussion
Re: Ultrasound Brain "Zapping" Treatment for Gambling addiction!?
by
Free Market Capitalist
on 25/07/2025, 06:42:45 UTC
Sounds like a bunch or crap to me. Let's say it does work though, what else does a person risk losing when they zap your brain? I would rather not take this sort of risk without having more information as it could have devastating effects that weren't desired.

That's what I think. In fact, there have been “anti-compulsive” drugs for many years, but they have side effects, as this treatment will surely have.

This is the worse way i can think of treating gambling addiction.  Cheesy

I preferably take addiction else where to be controlled, at least a therapist also works in the mind controlled by the brain.

I believe that depending on the degree of addiction and the consequences it may have had, this therapy can be evaluated, just like drugs, always taking into account potential benefits and potential risks.
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Board Speculation
Re: Bitcoin will fall or not
by
Free Market Capitalist
on 25/07/2025, 06:36:13 UTC
I love how the price has dropped from ath by 5% and these types of threads are starting to pop up. If anyone thinks the price is going to keep going down what they need to do is short bitcoin. In the meantime I will continue to accumulate.
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Board Gambling
Re: METAWIN - Transparent, Fast, Frictionless. $CASINO 🔥
by
Free Market Capitalist
on 25/07/2025, 06:25:32 UTC
You know what they say, high risk, high reward.

...

I've also heard of folks who started at miniscule amounts, and was able to ran it up to 4-5 digits from a series of games. For instance, this $20 playable ETH to $10,000:



Of course, no wins are guaranteed and luck is random, thus we should always gamble amounts we can afford to lose. Remember, no crying in the casino.

This guy has been exceptionally lucky. And I think he has done very well to cashout, especially when he says it has changed his life (although I think it would be OK to leave a few hundred to continue playing). He probably lives in a low GDP per capita country, so that $10K will give him a lot of purchasing power.
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Board Speculation
Re: Bitcoin to hit $150,000 🚀
by
Free Market Capitalist
on 25/07/2025, 06:16:04 UTC
I also got the video to watch but it had as a caption that eth has the potential to outperform bitcoin, so I didn't watch it. Also Novogratz supported Kamala, you can have whatever political views you want but to support someone who was going to continue with a repressive regime to crypto and push CBDCs to me loses all credibility on the topic.

That we can go to $150K we all know that.
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Topic
Board Economics
Re: UK government fools will sell the bitcoin
by
Free Market Capitalist
on 24/07/2025, 06:37:25 UTC
Well, I think there might be laws in place on what the government must or must not do with assets that have been seized from criminals.

You say it as if politicians cannot change the laws or interpret them as they wish with the connivance of the judiciary. To put millions of illegal immigrants in and jail people for writing tweets they have no problem in UK, so if they wanted to with this they would have no problem in HODL either.
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Topic
Board Gambling discussion
Re: When gambling what do you measure? Luck or chances?
by
Free Market Capitalist
on 24/07/2025, 06:21:51 UTC
Quote
When gambling what do you measure? Luck or chances?


Measuring “luck” in casino games is meaningless. Otherwise you wouldn't gamble? In the long run there is no luck, so you will lose money. And in the short term the results are random, so you won't be able to measure anything.

I believe people who gamble on sports may understand this better since sometimes in sports betting some gambler's prefer to go for the smaller odds that usually have a higher winning chance and sometimes they can still end up a losing game however some prefer to go for the big game with big odds and smaller winning chances.

What's usually your pick as a gambler since sometimes some persons are luckier than others?

Sports betting is a skill game, and there it can be “measured”.

From this thread, as from another one I just replied to, I gather that most people don't understand how gambling works in general, even if they have some idea of concepts like HE, for example.
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Topic
Board Gambling discussion
Re: The "Lottery Ticket" Mentality
by
Free Market Capitalist
on 24/07/2025, 06:13:31 UTC
Are you that type of gambler that has kind of mentality?

Kind of. When I bet I prefer a higher potential return than a higher certainty of winning but for a lower return. For example, playing red or black in roulette is very boring, and it's EV- anyway. If you are able to win money at skill games it's another matter. But for occasional gambling I prefer higher risk for higher potential return. And as LFC says you are much more likely than hitting the lottery.
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Topic
Board Speculation
Re: Bitcoin bubble pop
by
Free Market Capitalist
on 24/07/2025, 05:53:19 UTC
These other companies that have followed Michael Saylor's strategy that are also beginning to buy bitcoin to hold in their treasury to cause a pump on their company's stock, what does everyone speculate on this? Will this create another overinflated bubble that will pop and cause bitcoin to dump similar to the bubble pops before?

There is a hedgefund manager who has lost money from his hedgefund's investments who is presently creating a treasury company. I am very much aware that this is for an altcoin, however, this can also be created for bitcoin and the argument is similar.

It seems unbelievable that you have been a member of this forum for so long. There would be a bubble if bitcoin were worthless. You think bitcoin is worthless? On the other hand you don't seem to understand how bitcoin treasury companies work.
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Board Bitcoin Discussion
Re: The new era of Bitcoin '25 begin with square
by
Free Market Capitalist
on 24/07/2025, 05:45:53 UTC
I'm a bit skeptical that bitcoin is going to be used to pay for coffees. But Dorsey's company seems to be doing quite well, and has recently been included in the S&P 500.

I think that's going to be an increasing pattern. Coinbase was also included this year, and Strategy sooner or later will be. Plus there's Tesla which has bitcoin. Increasingly people buying the index will be more and more exposed to bitcoin.
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Board Speculation
Re: Will Bitcoin Hit $500k before the end of the decade as predicted by Jeremie Davi
by
Free Market Capitalist
on 23/07/2025, 09:19:19 UTC
Personally I think the time frame is too short to hit the $500,000 mark.
What do you think?

On the contrary, we could reach $500K this year or next. I admit that my opinion is a bit bullish, but I believe that at some point there will be a supply shock that will send the price skyrocketing, and we will see changes of tens of thousands of dollars upward, as we now see hundreds or thousands.
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Board Gambling discussion
Re: The Dangers of Becoming a Professional Gambler
by
Free Market Capitalist
on 23/07/2025, 09:13:07 UTC
One thing is missing from the OP's list: the risk of bankruptcy. No matter how many years you've been a pro making a living from it, there's no guarantee that you won't go bankrupt. You wouldn't be the first.

I do not believe in anything called professional gamblers. I see it has something that can be deceiving because there are rich people that can go broke at anything. Gambling can be one of the reasons if you solely depend on it.

Yes, there are, but they are gamblers who play skill games, such as poker or sports betting. The thing is, they also diversify, and they open YouTube channels, do coaching, or other activities because they know full well that gambling income is unstable and it is better to diversify sources and income for the future.
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Board Bitcoin Discussion
Re: Has El Salvador been lying to the world?
by
Free Market Capitalist
on 23/07/2025, 07:58:03 UTC
No way am I going to trust what the IMF says on this issue. If they have really been buying it and keeping it in cold storage, it's very easy for them to prove it. The purchases are managed by Stacy, Max Keiser's wife, who I hope will respond to this accusation soon. Although I wouldn't bet my life on it either.
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Board Gambling discussion
Re: Does the novelty wear off?
by
Free Market Capitalist
on 23/07/2025, 07:52:47 UTC
If you are extremely rich and you can just gamble up to your heart's content, does the novelty of winning wear off? Like would you get tired of gambling since there's really not much risks because you can gamble with any amount and still receive little to no consequences?

One thing I have learned from everything I have experienced in this world so far is that novelty does wear off, so judging from that standpoint, I would say same should be true for gambling.

I don't agree that it's a question of novelty. As Oshosondy says, there are many rich people who go bankrupt because of gambling. If they have more money, they bet more. The issue has more to do with emotions, dopamine, and other brain-related issues. There are people who play slots every day and don't get tired of it because there's no novelty.
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Topic
Board Economics
Re: UK government fools will sell the bitcoin
by
Free Market Capitalist
on 23/07/2025, 06:55:05 UTC
This is a welcome development because even if the money that will be realized from the sale of the seized Bitcoin due to fraud and other irregularities it will be a good thing because it will go a long way in taking away the pressure from the economy, with the UK government moving towards the way of Bitcoin so that it can be used in solving their immediate problems is a sign that Bitcoin has become an alternative source of income even for countries who are looking for a way out.

It won't solve anything. Haven't you read what I wrote?

As if £7 billion is going to solve anything within a deficit of £164 billion. Let's see if it becomes a third world country for once, since they are working so hard for it.

Get ready the price will change and the market will be bearish.

That will be the case if they are foolish enough to sell them all at the same time, although I would not be surprised. The rational way to sell them is with multiple sell orders spread out over time and across various exchanges, as MSTR does when buying, so that the price is influenced as little as possible. Otherwise, they will shoot themselves in the foot, as the same order will drive the price down and they will get much less than they expected.
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Board Economics
Merits 1 from 1 user
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Free Market Capitalist
on 23/07/2025, 06:48:09 UTC
⭐ Merited by JayJuanGee (1)
I don't know why you would be sitting on the sidelines.

Surely there is no need to buy MSTR,  the various MSTR related financial products, or the financial products (stock) of some other MSTR copycat treasury company..

For someone who has been stacking bitcoin with DCA for many years, it is certainly not necessary, although, as I mentioned, I have some MSTR shares as a leveraged play in addition to bitcoin. However, there are many other people, such as institutional investors and/or people who do not understand how Bitcoin, blockchain, etc. work, and who are looking for a return, preferably monthly, as well as capital protection. As mentioned, these could be investors in REITs or savings accounts or T-Bills, etc. That is the market that Saylor wants to acquire a good share of with this product.

How could they be saying the same thing when Free Market Capitalist seems to be saying that Saylor/MSTR is trying to provide some kind of a competitive product to REITs, and The Sceptical Chymist seems to be suggesting that REITs are the best thing since sliced bread, so how could MSTR provide any kind of a product that is even close to competing with REITs...

My own assessment is that The Sceptical Chymist continues with his overly skeptical doubting Thomas take, even though sooner or later in this here world he might have some ability to say "look, I was right," even though most of the time, he seems to be failing/refusing to be seeing how various aspects of the traditional debt market is being played by Saylor/MSTR in quite interesting, creative and even within the bounds of the various rules and restraints of such traditional debt based systems.

For me, it's clear: would you prefer a product backed by real estate, such as REITs, or one backed by bitcoin? I think the latter is better, and I believe that over time more and more people will realize this.

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Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
Free Market Capitalist
on 22/07/2025, 10:55:45 UTC
The problem with many of these assessments is that for years the owners of this site have been battling users from countries actively setting up account farms that drain the site. No one I have ever met, seen or referred has ever had issues with the site until last year.

Seeing your trust profile I am not surprised that you defend scammers.

The site is still offline with Internal Server Error, 2 days now. I tried different IPs from different countries so it is for sure a global problem or serious malicious intent.

I will keep you informed, the withdraw of my FUN tokens still didnt got through, it has been a week already.

site goes down and finally show us end of about 10 years trust become ashes this activity  in these days for freebitco act like fraud
all of ours asset goes the there pocket whatever we 100% accept the risk of invest in this platform We had a good time together in these 10 years. This part has also closed. Let's go somewhere else.

Well, some of us clearly talked about scam more than a year ago. Can we talk more concretely about exit scam now?
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Topic
Board Economics
Re: France Wants People to Work More for Less
by
Free Market Capitalist
on 22/07/2025, 10:46:14 UTC
France has an elephantine state that has been able to pay that way by plundering France Afrique, the thing is that it is a house of cards that has begun to fall. I don't know what you want, OP, to be paid more for working less? The countries that eat the world are the ones that increase their productivity and France is precisely the example of the opposite. Nothing unusual in Europe but in France elevated to the maximum expression. When the Euro was launched, the GDP of the USA and the EU was almost at par, while today the GDP of the USA is 50% higher. Ask yourself why.

Dedicating yourself to subsidizing people for not working, for building mosques and things like that you can do when you have money. When the money runs out you can still get into debt, but when the money runs out and you are already up to your eyebrows in debt, you get a reality check, which is what is happening here.
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Board Economics
Merits 4 from 2 users
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Free Market Capitalist
on 22/07/2025, 10:20:47 UTC
⭐ Merited by fillippone (3) ,JayJuanGee (1)
Well, I guess none of you have heard yet about the latest product Strategy is about to launch.

Strategy's Stretch STRC Perpetual Preferred Stock IPO Backed by Bitcoin

Basically it is a product that is going to pay dividends on a monthly basis, so I am sure it will slowly eat into the market for REITs, savings accounts and other products that usually pay crap interest compared to the 10% per annum it is going to pay initially although the dividend will be variable and what they will try to achieve is that the share price is always around $100.