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Showing 20 of 102 results by collecttmaster
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Topic
Board Altcoin Discussion
Re: Pi Network: Future Giant or Overblown Hype?
by
collecttmaster
on 03/09/2025, 22:54:46 UTC
Pi Network is a scam. There are many topics about this here but you can find more on X and reddit. Use the search button sir.
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Topic
Board Gambling discussion
Re: Does playing brainless gambling games makes one dull?
by
collecttmaster
on 03/09/2025, 22:49:31 UTC
These games are solely a function of the Player's luck at the moment , It's clear that Strategies can be applied In fact, there are many on the web and in many publications But what Really makes sense is that these games require great restraint There's no need to invent anything or use a martingale or anything similar, because that would be the end of your money.
People tend to confuse the fact that restraint is a vital part of strategy, they think that personal behavior is not part of strategy. That is the problem. So yes these games too can be played with all kinds of strategies relating to the results that you are having.

You should play with carefully calculated money, and with that, you can achieve better results.
It is always the best, but it is hard for most.
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Topic
Board Gambling discussion
Re: The development of original IP games for casinos.
by
collecttmaster
on 03/09/2025, 21:56:51 UTC
I think it's possible for a casino to have 100% original content that attracts and keeps its players engaged.
It is possible, but it is harder to succeed this way. When you create original content, then you are losing all the customer base that only wants to play classic games. Besides the people who like computer games and who like to gamble are usually different. There are some people that do both but I don't think that this group is big, and that the motivations between these types of people are the same.
Post
Topic
Board Economics
Re: Money or resourcefulness?
by
collecttmaster
on 03/09/2025, 21:53:46 UTC
Business is really hard though, there is 100% chance that your resources might never yield something you desire. Business is very hard, most oftien you don't win when you start, you may feel discouraged and all that and also you might also run into some losses, these things are can't be avoided but if you are dedicated and ready to compromise somethings to improve the business, you will succeed in it but like I said, alot of people failed in business.
I agree with you, most business attempts fail horribly. People only look at the outliers that they see, successful businesses like restaurants that they know. They don't see all the failed attempts in between. Even if your business does survive, if it is making a very bad return then it is a horrible use of your time.

I don't mind if I have investment and not really business type, it's easy to manage invest at your comfort while you focus on other means of making money, it's easy to control as you can see some loss coming unlike business that you will never see coming, once you are in it that's it, you have to sell everything you are have down before you can be able to know if your business strategy comply with your cost of production,  cost of income and revenue.
Investing is more superior to running a business, but it requires you to have even more money. If you want low risk and solid returns, then you need to have a lot of money. That is the main problem with it.
Post
Topic
Board Speculation
Re: Bitcoin predictions for August.
by
collecttmaster
on 03/09/2025, 21:51:14 UTC
I have made this kind of reference earlier before now, The thing is that so many persons who make predictions of bitcoin and published it to the public doesn't make research, some of them make their analysis without research or findings and that's why bitcoin price alway end up on disappointing them.
Even with research, most predictions are wrong. Some get it correct only by chance. It is not a science, it is more an astrology thing.

Bitcoin price is not that's rational, and before you makes a public predictions of bitcoin ensure you have study the pia chart of bitcoin and make your findings of how the candle sticks movement will be in next move, but people predict without having results.
Even this is not that useful. Bitcoin is something very different from everything that existed before. Its valuation is extremely complicated. Any big external event can destroy all charts, negative or positive. In a way 1 single news article is better than all the research on charts. lol
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Topic
Board Bitcoin Discussion
Re: The two most important properties of Bitcoin
by
collecttmaster
on 03/09/2025, 21:48:34 UTC
Gold is scarce but it has no limited supply. Bitcoin has limited supply.
Gold is not easy to save. Bitcoin is easy to save if you read and understand about it.
Bitcoin is actually easier to initially use than gold. There is so much fake gold out there, you can often not be sure if what you got was the real thing. With Bitcoin it is very easy to know that you got the real Bitcoin. Where the disadvantage lies is on keeping it safe for a longer period of time.

Because BTC is digital - and people of this age tend to go for this rather than gold and assets that cannot be used on the get-go, so to speak.
To be perfectly honest, gold is mostly shit. People who like to flash gold jewelry are also usually shit people. A correlation perhaps?  Grin
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Topic
Board Economics
Re: To have kids or not to? Your opinion from economy perspective
by
collecttmaster
on 03/09/2025, 21:45:34 UTC
Talking about capacity to raise children, what is the total amount required to take good care of children in countries with bad economy especially for African countries that 80 percent of their citizens hardly had 2 square meals on daily basis. Children are blessing from god that at times even open doors for parents once they come into their home, waiting for financial stability because having children what if it comes when you are 60 or it never even come to reality does that means you won't have children when we all know they are the joy of every man.

There is no fixed amount for child raising because even if someone has 10 million on there account there is a high probability of not having any single one left before the child will even get to higher institutions in schooling so actually instead of someone to ask of the money that should be needed they should instead get a stable source whether working or self employed because that is what can guarantee and last till they saw there children from all levels in education, some persons do not see what is ahead of them but instead they only see what the material things can buy for them at the time.
You are going to spend 10 million dollars in 18 years of your life? Tell me how many people in the world have and spend this amount of money in 18 years? 1%?  Roll Eyes
Post
Topic
Board Altcoin Discussion
Re: My Early Experience With Altcoins
by
collecttmaster
on 03/09/2025, 20:53:54 UTC
You lose so much time and yourself chasing altcoins and letting greed control you. Most people chase them because they have seen a few examples of people making stunning wins. So a very unhealthy dose of envy and greed on a daily basis. Slowly it corrupts you while you bankrupt yourself in the latest FAD like memes.  Cheesy
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Topic
Board Altcoin Discussion
Re: OLD VS NEW: Newbie coming to market with $50
by
collecttmaster
on 03/09/2025, 20:51:52 UTC
Half of the people here are profitable traders, and the remaining are also doing well in their own capacity. So, with all the experiences you've gathered so far in the market, if you're to advise a newbie going to start their career in trading with $50, will you advise them to start by buying old coins like BTC, ETH, SOL, BNB, and many more? Or will you prefer to advise them to DYOR and go into buying new coins like $CARDS, TRUMP, USELESS, and more meme coins that seem to have potential? Although the latter worked for me when I started, I just wanted to know your opinion for newbies coming up.
Half of us are profitable? Where are you even getting that idea from?
He made it up. Studies show that less than 10% traders make money, it is probably much worse in crypto. That's why people like to ignore certain pairs, like if you bought ETH with Bitcoin you focus on the USD price of Ethereum even if you have lost a lot of money since you sold Bitcoin.  Deep denial. Cheesy

I don't see how any of those tokens you mentioned would have any potential, and i am not sure what kind of potential you are looking for your trading tactics. Because that sounds like you are interested on holding to me.

And to any of the coins you mentioned holding wouldn't either make much gains or had potential to lose it all. And that's why i am guessing DYOR wouldn't help for newcomers. You might as well use dice and buy anything.
Old coins have better potential if he wants to hold. With newer chains and tokens he is making a big gamble that the one that he buys is going to become the relevant one.
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Topic
Board Speculation
Re: Bitcoin predictions for August.
by
collecttmaster
on 03/09/2025, 20:48:14 UTC
When the Bitcoin price closed red for the month of August, most of the people did not expected this because in the first 10 to 15 days the Bitcoin made in another all time high and everyone was thinking that this month will be closed green but we had some bearish sentiments in the latter part of the August.
Why? If you look at this period historically, the one ending August and starting September it is almost always bearish. So why expect something different based on a few days of positive price action?
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Topic
Board Bitcoin Discussion
Re: Bitcoin; a tool for spending or saving.
by
collecttmaster
on 03/09/2025, 20:47:10 UTC
I prefer to do more saving. Why should I spend it if I like having my Bitcoin? Not everyone likes the replace with new purchases method. I know that some are insistent that you should be using Bitcoin, as they claim that is necessary for it to have utility. This is not true. My Bitcoin is the most valuable to me exactly where it currently is, in my wallet.  Smiley
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Topic
Board Economics
Re: To have kids or not to? Your opinion from economy perspective
by
collecttmaster
on 03/09/2025, 20:43:52 UTC
People need a good mentality, financial and knowledge before they want to have kids.
It is sad because most people who are having kids, and especially people who are having many kids, don't have any of what you just said.

These thing three are bare minimum before someone want to have a kids, I would want to add one more: make sure you've finished your single life. What I mean, if you still want to have fun, fuck many women, get drunk, and other "bad lifestyle", stay single until you're ready to be a husband and a dad.
Neither this sadly, the cheating and divorce rates are through the roof. It is clear that something is very wrong with marriages. Without children even many would fall apart, but it is not good that children are being used to save marriages. It is unfair to them.
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Topic
Board Gambling discussion
Re: Does playing brainless gambling games makes one dull?
by
collecttmaster
on 03/09/2025, 20:38:13 UTC
I've always told people that they should have plenty of other things to enjoy in the real world, because that way they'll allocate less time to each entertainment activity so they can enjoy many activities. This reduces the risk of addiction to alcohol, drugs, gambling, and even depression.

But unfortunately, when people have problems at work or financial problems at home, they choose to seek out alcohol, drugs, and even gambling and isolate themselves from the rest of the world as a way to forget their problems. The effect is the opposite: they get another problem: addiction, which is a very difficult disease to cure.
Many activities can also be bad too, you can't cheat your way out of mental illnesses. There are people who get addicted to stuff like candy crush or even worse spending thousands of dollars per month buying in game currency in a game like that. You can't even win anything with it, it is fake money. Arguably it worse than gambling. With gambling you at least have some chance to win something. LOL

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Topic
Board Gambling discussion
Re: Does playing brainless gambling games makes one dull?
by
collecttmaster
on 03/09/2025, 17:58:14 UTC
It's said about brain that, "use it or lose it" — now, question being, do you think if person plays brainless gambling games such as slots, dice for major part of his/her daily routine, will it make him/her dull?

Edit: "brainless" as in playing gambling games that does not require using brain, I thought it was clear especially given examples.
It does. Have you see the impact of kids who are scrolling tik tok or instagram all they long? Nobody can disprove that it does, there are plenty of examples.
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Topic
Board Bitcoin Discussion
Re: US Strategic Reserve; is it right to actually use seized assets as reserves
by
collecttmaster
on 03/09/2025, 17:56:19 UTC
It's incredible that even after 15 years since the existence of Bitcoin, a lot of those who own Bitcoin have not learned anything, so they still think that CEXs are some kind of bank where you can store (in a safe way) your cryptocurrencies and nothing bad can happen. Will people ever understand that no government in the world will accept Bitcoin for what it actually is, but rather they accept it by changing its purpose?

It will probably never happen, but as the old saying goes, "While I breathe, I hope"
It is really crazy to me. It seems that the problem never was about access to information, the problem was in the people.

People are actually aware of this but actually lots of people are lazy to transfer to those wallets which they have control. Since what they think its waste of time to do transfer when they want to trade their asset. They are so confident that nothing will happen on the CEX's they are using.
It has nothing to do with laziness. You are aware that a car hitting you will possibly kill you, but you are lazy so you don't dodge it? Nah, you got things backwards. If you understand the danger of something fully, you act accordingly with this knowledge. Until your acts change, you understand nothing.
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Board Beginners & Help
Re: Reasons to use only Discretionary Income for Bitcoin investment.
by
collecttmaster
on 23/08/2025, 20:21:10 UTC
No one loves to lose money.  Don't tell me to invest what I can afford to lose; tell me things I should do to avoid losing that money or even minimise the risks of losing that money.
If you are not losing a lot of money, you are most certainly not making a lot of money and will never be rich. This is the irony that the person with a poor mindset does not understand. Most humans on the planet have a poor person's mindset.

Losing money is good as long as you are earning even more money. Learn that and stop with this childish fear of losing money.
I do not actually understand the perceptive you are coming from. You mean losing money is a sign of being a wealthy man or a sign of having a big money.
I thought that being very judicious and not lose money is a good way to be rich but I am just hearing a different thing altogether this night.
So, it will be fine to say that we should learn how to lose money in order to be rich.
You are mistaken in your understanding because you probably read information written by other poor or middle class people, who are also poor. Most humans are afraid of losing money, like children who don't want to lose their favorite toys. This is why they don't invest and when they invest, they panic and make bad mistakes all the time.

A person who is good with money, does not fear losing it. They have no emotional attachment to money, but they always want more. They take more risks, better risks. They hold investments longer even through massive losses. They do not care. That is the right approach towards money. Remember the key different that I wrote, it is good to lose money only if you are earning even more money. Lose $1000 today, make $2000 tomorrow. If it was not for this difference, gamblers and other idiots who ruin their lives would think they are being smart with their money.  Grin
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Topic
Board Economics
Re: US State acquired 10% stake in Intel
by
collecttmaster
on 23/08/2025, 20:08:51 UTC
Who do you think has control over TSMC factories if not the US?

China would wish it could take over Taiwan. In terms of local politics they could do it as they did with Hong Kong because the local population is pro China even more than Hong Kong.

But the US has so much armory stationed in the area that it looks as if they wouldn't let Taiwan go without a fight.
To this day TSMC ships most of its production directly to US controlled companies so in spite of being closer to china geographically the US is putting a big political war to keep it under control.
While this is almost true, it dodges the conversation.
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Topic
Board Economics
Re: US State acquired 10% stake in Intel
by
collecttmaster
on 23/08/2025, 20:02:43 UTC
This is some of the most bonker news I've heard.

The US gov paying billions to get shares in a company, and no board seat in return. Intel hasn't issued any dividends this year, in spite of a long standing tradition to issue quarterly dividends. The company is arguably on a downtrend with dwindling market share and losing the competing battle with AMD in terms of technology.
There is nothing wrong with this, what is bonker about it? Should they continue to give free money handouts and get nothing in return for it whenever some idiots from management fuck up a company? A board seat is not necessary.
Nothing wrong with state ownership of corporations?
Alright, sure why not even go full blast with it and take control of all corporations? Not just subsidies. Eliminate competition, centralize planning. Why not?
If it works at 10% why not take full advantage of it?

The US is seeing that capitalism is caving within and is now utilizing very antithetical solutions to save its economy. This is what's bonkers about it. Because the US has historically been a very strong proponent of the so called "free market capitalism".

Now what's going to happen if US' partners also start subsidizing the industry? The EU has for forbidden state subsidies to industry and vowed to keep its markets competitive throughout its existence. But if Trump takes the charge at changing this who's to say that other countries that are historical US allies won't follow?

In his first Admin Trump accused China a lot saying they had a strategic advantage due to central planning. So is the US trying to become a socialist economy now also?
Will be funny to witness.
You completely ignored the argument. Why is it bad when Trump does it, but it is not bad when other do it?

Is Taiwan a socialist economy and TMSC a state run business? If it is, then it is fucking better company than anything you liberal capitalist idiots managed to create in this century.  Roll Eyes
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Topic
Board Beginners & Help
Re: Reasons to use only Discretionary Income for Bitcoin investment.
by
collecttmaster
on 23/08/2025, 19:24:31 UTC
No one loves to lose money.  Don't tell me to invest what I can afford to lose; tell me things I should do to avoid losing that money or even minimise the risks of losing that money.
If you are not losing a lot of money, you are most certainly not making a lot of money and will never be rich. This is the irony that the person with a poor mindset does not understand. Most humans on the planet have a poor person's mindset.
Post
Topic
Board Economics
Re: US State acquired 10% stake in Intel
by
collecttmaster
on 23/08/2025, 19:19:53 UTC
This is some of the most bonker news I've heard.

The US gov paying billions to get shares in a company, and no board seat in return. Intel hasn't issued any dividends this year, in spite of a long standing tradition to issue quarterly dividends. The company is arguably on a downtrend with dwindling market share and losing the competing battle with AMD in terms of technology.
There is nothing wrong with this, what is bonker about it? Should they continue to give free money handouts and get nothing in return for it whenever some idiots from management fuck up a company?

So the US gov under Trump is now continuing to take stakes in private business... Do you think this will put the US ahead in the world arena or will they continue to be laggards in technology?
Plenty of other governments have done the same, including Taiwan. Stop watching CNN and do some research.