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Showing 20 of 1,996 results by Marvelman
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Board Bitcoin Discussion
Re: The reason why you shouldn't force someone to invest in bitcoin.
by
Marvelman
on 05/05/2024, 09:13:31 UTC
I don't think it's right to pressure people into buying Bitcoin or any other investment if they don't want to.  I get excited about crypto and want to share ideas, but that enthusiasm shouldnt come with expectations.  If someone asks me how Bitcoin works or asks for tips, great! I'm happy to point them to videos or articles that explain it in a balanced way.  But if they're not interested or don't have the money to speculate, I respect that too.  Building wealth has lots of paths - Bitcoin is just one risky option among many others and  people should make their own choices.
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Board Gambling discussion
Re: Do you think casinos can stop demanding KYC?
by
Marvelman
on 05/05/2024, 09:06:43 UTC
Don't buy the government's story! KYC wasn't some altruistic move. Casinos loved anonymity just as much as gamblers did. It kept the high rollers happy and the money flowing freely.  But someone higher up got spooked.  They saw all that untraceable cash and thought, "hey, that's OUR tax revenue disappearing!"  Suddenly, KYC became the golden rule. Coincidence? You decide.

They scrambled to put KYC in place, not because they care about you, or to fight the financing of terrorism, or some other crap like that, but because they want their share.
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Topic
Board Bitcoin Discussion
Re: Have you successfully influenced someone to invest in bitcoin ?
by
Marvelman
on 05/05/2024, 08:57:07 UTC
I've talked to some friends here and there about Bitcoin - you know, explaining the basic idea of how it works as a digital currency and why I personally geek out over it.  A few buddies were intrigued enough to read up more on their own after we chatted, but eventually decided taking the plunge into crypto wasn't really their thing.  And hey, that's totally fine!

But there was this one time I was chatting to my friend over beers and he seemed seriously pumped about the whole Bitcoin concept after I rambled on about it and  even transferred a bit of money over to dip his toes in.  For a few weeks he was stoked because the price kept climbing and his investment was looking sweeter by the day.  But welp, as so often happens in crypto markets, a correction dip came.  Value started dropping hard and fast.  He totally panicked and sold at a loss just wanting out.  Poor guy! I haven't heard him talk about Bitcoin or investing since, lol.  Guess I scared him off! Ah well.
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Board Bitcoin Discussion
Re: Why is Bitcoin so popular? Why has no other coin become popular?
by
Marvelman
on 05/05/2024, 08:47:04 UTC
Bitcoin is the OG crypto - it got in the game way early.  That gave it mad name recognition compared to the new coins tryna catch up.  Bitcoin also ain't controlled by any suits or governments, which folks who want free money sans the Man dig.  It's people-powered, peer-to-peer! Sure theres flashy new players tryna steal hype but Bitcoin made the concept mainstream and  respect the groundwork that dusty old coin laid down.  Where would crypto be without gramps Bitcoin paving the way? People messed with decentralized digital money because Bitcoin proved it could work.  I think these are the main reasons that make Bitcoin still popular.
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Topic
Board Beginners & Help
Re: After Joining as a beginner what keeps you going on this forum?
by
Marvelman
on 05/05/2024, 08:37:05 UTC
There are a few things that make me visit daily: The wealth of expertise here.  So many members with extensive crypto insights that far exceed my comprehension.  also, BitcoinTalk is like a massive cryptocurrency news aggregator.  I stay continually updated on the latest developments in the industry.  Between the knowledgeable community and comprehensive content, BitcoinTalk offers an unparalleled crypto resource.
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Board Bitcoin Discussion
Re: Question to hodlers:How will you spend the money?
by
Marvelman
on 05/05/2024, 08:29:58 UTC
All the other investment options you mentioned are relevant but I don’t think, a core bitcoin investor would want to  sell his coin simply to go invest in some  other things not even this bull run.

But why not? Diversifying makes good sense for investors.  Putting money across different assets like Bitcoin as well as more traditional ones can help manage overall risk.  No one knows for sure where Bitcoin or any other market will go long-term.  betting everything on one horse seems unwise, even for big Bitcoin bulls.
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Board Beginners & Help
Re: Seed phrase secure storage ideas, like multisig?
by
Marvelman
on 05/05/2024, 07:53:32 UTC
So, is there a cold wallet with the software to make the multisig, as I don't know how to 'split' the 24 words into the 3 engraved stainless steel hexkeys?

OP, you probably mean "Shamir's Secret Sharing Scheme". SSSS, as it's known, allows folks to split up their wallet recovery phrase into multiple parts called shares.  Rather than keeping that long string of words in one place, the shares let you spread the information around for safekeeping.  Some wallets build the scheme right in so splitting and recombining happens behind the scenes.  Takes the hassle out of managing the shares yourself, which helps avoid sloppiness.
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Topic
Board Gambling
Re: THE NEW STRATEGY FOR LATEBETTING FOR 2024
by
Marvelman
on 05/05/2024, 07:38:31 UTC
Yeah... I mean, think it through: if there really was some miracle path to easy money without much work, wouldnt it be the hottest thing out there?  Chances are, it's not as simple as they make it sound.  More often than not, those sorts of golden opportunities aren't all they're cracked up to be.  Not saying theres no truth to them at all - but definitely approach with extreme caution.  Because if it seems too good to be true... well, you know the rest.
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Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
Marvelman
on 05/05/2024, 07:28:32 UTC
My favorite underdog flicks always seem to follow the same formula - our protagonist gets beaten down, things look grim, but then they manage to turn it all around for a heroic comeback.  I'm getting those same heroic vibes from this market dip and 

sure, the charts might look a little scary right now.  But I see this as just a short pit stop on the way to much bigger things.  Remember how fast things were climbing before? That crazy vertical line upward? To me that was just the market powering up Dragon Ball Z style, gathering strength before its next transformation.

Now we're in the quiet before the storm.  After this quick break to catch our breath, I expect an earth-shaking bull run to kick into high gear.
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Topic
Board Economics
Re: Ever dreamt of turning your passion into profit?
by
Marvelman
on 05/05/2024, 07:21:30 UTC
I love technical works, wiring specifically and while growing up it was fun for me for anyone to call on me to get they faulty electrical fault corrected and at that use to be fun to me until after high school when I upgraded my electrical knowledge and skills to meet up with professional standards and there after I began to monitize the skill and becoming a full time technician.

Although even up till now I haven't taken the skills as my main hustle since I have other things I am into and is still taking much of my time, but then I can survive on my electrical work to sustain if that becomes necessary and needed.

That sounds so interesting!  What started out as just a kid messing around with things he probably shouldn't have been messing with turned into a real honest skill that pays the bills.  Pretty wild how tinkering with electrical stuff out of plain old curiosity as a youngster led you down the path to becoming a professional technician and  i was a curious kid too, but my folks would've taned my hide if they ever caught me playing with anything even remotely dangerous like electrical wires.  Probably saved me from getting zapped good!  Cheesy
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Topic
Board Economics
Topic OP
Ever dreamt of turning your passion into profit?
by
Marvelman
on 05/05/2024, 06:22:31 UTC
Turning a hobby into a business sounds so fun! But I bet it has its challenges too.  What did you do for fun that you managed to monetize? I wanna hear all about how you went from hobbyist to entrepreneur!

Tell me, what struggles popped up as you worked to turn your passion into a profit? How did you push past them? Got any pro tips you can share to help other hobby lovers try to make it big? I love hearing stories of folks who bet on themselves and won.
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Board Trading Discussion
Re: Invest To Learning First
by
Marvelman
on 05/05/2024, 06:08:45 UTC
Yes, Investing without thinking long-term is asking for trouble.  I mean sure, some people happen to make bank chasing the latest hot coin, but that's not a consistent path to profits and  the big wins come from patience and strategy, not shots in the dark.  Those rich investors who got wealthy biding their time didn't just sit around twiddling their thumbs.  They put in work understanding the markets researching projects, and making informed plays.  Thats why we call them investors rather than gamblers.
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Board Bitcoin Discussion
Re: Question to hodlers:How will you spend the money?
by
Marvelman
on 04/05/2024, 22:04:16 UTC
Real estate and rentals can be a solid investment, I get it.  Dealing with tenants and leaky faucets though? That could turn into a full-time headache.  Maybe starting a little side business would be more your style instead.  But honestly, there's no one right path here.  You gotta think about what makes sense for your situation specifically.  Point is, you gotta be real with yourself.  Think about your skills and time before you decide which investment strategy is best.
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Topic
Board Gambling
Re: My betting strategies
by
Marvelman
on 04/05/2024, 21:55:06 UTC
Strategy is something that we need to work on because things repeat most time and if we have good strategy we need to work on it and make sure that we utilize it in a way that is going to be profitable for us. There are strategic ways we can play the same game over an over again and still make profits. Gambling is more of timing rather than playing the actual game. It is good we always play games that we are familiar with so that we don't end up losing money on unnecessary bets. The best way to keep making money is playing games that we are familiar with without doing it excessively.

I totally get that feeling about wanting to beat the system every time you gamble.  Who doesn't love winning, right? But let me tell you, those casinos make bank by stacking the odds in their favor.  Trying to time everything perfectly can backfire. 

you might hit a lucky streak and win a few bucks here and there.  But more often than not the house usually ends up on top over time.  I've found it's better to focus on enjoying myself instead of obsessing over perfect timing and  for me, that means playing games Im decent at, like poker or sports betting, but not going overboard with the cash I put down. 
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Topic
Board Gambling discussion
Re: In Your Country Who Gamble More? Young Ones or Elderly Ones
by
Marvelman
on 30/04/2024, 19:29:40 UTC
Let's see, without having any precise data on the subject, what I can see is that in physical betting sites, such as casinos, there are older people, while young people are more likely to bet with their mobile phones (or at least talk about it). If you think about it, besides the fact that it is logical because younger people are more accustomed to new technologies, young people also tend to have less money, and online you can place smaller bets.


You're right, there's a clear difference between how older and younger gamblers like to play.  The older crowd definitely prefers heading out to the physical casinos to soak in the flashy atmosphere and maybe order a few drinks while they play some slots or cards and  for them, it's an experience and a bit of a social outing I guess. 

But the younger gen seems totally fine just whipping out their phones and placing bets whenever its convenient, probably because they're used to doing everything on their devices nowadays.  Lower bet amounts probably matter too since they have less disposable income.  I dunno maybe it's a combination of factors.  But clear difference in how they like to gamble based on age it seems.
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Board Bitcoin Discussion
Re: Can a seed phrase on steel or titanium sheet survive this flood?
by
Marvelman
on 30/04/2024, 11:47:21 UTC
So do you remember the terrible earthquake and collapse that happened in Türkiye and do you think there will be any technology advanced enough to know the full extent of mother nature's fury? It seems like you are trying to blame the government for the natural disasters caused by mother nature.
Erdogan arrested many building contractors because of that accident. The problem was that they were allegedly involved in shoddy and illegal construction methods. As far as I remember, the built quality was low and there wasn't a correct seismic analysis done.

Unfortunately, these arrests are late and futile when such a disaster has already happened. That's exactly the construction mafia at work. I bet almost every country has that problem, especially if the inspections are inadequate and corrupt.
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Board Trading Discussion
Re: Trading with AI
by
Marvelman
on 28/04/2024, 20:01:37 UTC
Look, a lot of people talk about AI without truly getting it.  The truth is, AI can be useful for examining data and spotting patterns.  but is every AI trading program a surefire way to make money? Nope. and  That said, it doesn't make them all pointless.  AI trading programs can be practical tools.

A powerful AI can outperform a human in technology so it is believed that Ai can bring profits in trading as well. But this will require a strong Ai.  Ai technology is very hype now so many companies are making Ai do you think all Ai can perform equally? So it is better to trade by yourself without spending money on Ai and Ai cannot guarantee profit to anyone then why should we spend money on Ai

A lot of pro traders use fancy AI tools the average joe can't get.  But just because us normies can buy some AI trading whatnot, should we? I dunno and  maybe some hotshot developer's bot can help clueless newbs like me make a few bucks.  But trusting it to make all your plays? Heck nah.  Diversify how you pick coins and dont rely on just one thing, even if it's powered by a freakin' robot.
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Board Bitcoin Discussion
Re: Can a seed phrase on steel or titanium sheet survive this flood?
by
Marvelman
on 28/04/2024, 19:49:46 UTC
This seems like a good alternative to a flood-resistant steel plate. I wonder what kind of tool I would need to engrave my seed phrase on something like this?



  Grin
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Topic
Board Beginners & Help
Re: Wallet Help
by
Marvelman
on 28/04/2024, 19:40:09 UTC
But didn't Ledger have some kind of data breach a while back that freaked people out? I can't remember the details, but users were worried their personal info was compromised ...

As far as I remember the data breach in midth of 2020 leaked likely about 1 million email addresses and possibly something around 272,000 records of personal customer data like full name, postal address and telephone number (non-extensive sources: Cointelegraph, Twingate.com, bullshit letter by Ledger CEO).

Image how bad this is when shady criminals know you have purchased a hardware wallet to secure crypto coin assets and they know your real name and postal address (the latter isn't necessarily your home address, but it shouldn't be rocket science to find this one, too).

You tried to fly under the radar, keep a low profile, didn't brag about having crypto assets and now that. I'd be tremendously pissed if my personal data got leaked like that.

Yes, that's exactly what I was thinking about.  It was a serious security lapse on their part, and frankly, I'm surprised such a company is still in business.

I mean, their core business should be the production of devices and software for safe keeping of user funds and personal data. What an irony!

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Topic
Board Gambling discussion
Re: Shocking Flash Mob in Italy - 368K Euro of scratch cards wasted by gambler
by
Marvelman
on 28/04/2024, 10:03:04 UTC
This effort to show folks all those losing lottery tickets seems like a good idea to me.  Showcasing that giant mountain of 368,000 euros worth of worthless scratch tickets gets the point across for sure.  It's a rough sight.  Makes it crystal clear that for every winner there's a whole bunch of losers.  I'd bet it could serve as a wakeup call for some individuals struggling with excessive gambling and  seeing the sheer volume of losing tickets right there in front of you reveals an unfortunate truth thats often ignored or downplayed.  Might actually convince certain people to think twice before they blow their money on the next draw or bet.