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Showing 20 of 48 results by dumbymamby
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Board Trading Discussion
Re: Losing $100 Million on $BTC future
by
dumbymamby
on 03/06/2025, 14:23:51 UTC
That will just a small piece of cake for him. He still have much money to trade. He really need to learn more details bout future trading. If he doesn't realize that, his wealth will reduce a lot although he can produce big money. He doesn't learn from other people who already lost so he want to fight market back. But that will not work as the market will take his money.
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Board Wallet software
Re: James Howell and his lost passphrase!!!
by
dumbymamby
on 03/06/2025, 13:26:00 UTC
He needs a so-far nonexistent AI operated ground penetrating scanner that only looks for laptop hard drives, to search the area of the landfill, were he knows the hard drive is.

His story is constantly changing. Wonder what his story is in the upcoming film about him ?
I have the feeling that he is just trying to attract attention and perhaps have some rich bitcoiners send some donations his way. Enough for him to be satisfied with it and give up on his search. The movie deal will surely earn him some money. Ross Ulbricht apparently received over 300 BTC in donations a few days ago. I wonder how much it would take James to forget about his lost hard drive? 
He have a perfect plan to attract attention from rich bitcoiners. By doing that, those people will sympatize to him and will support him to continue his plan. Besides he become more popular from the movie, he will get more support from many bitcoiners, not just rich bitcoiners but other bitcoiners who don't know the real story.

I guess he is a type of man that can not accept the lost and with his wealth, he will use all things he can to get that drive. I wonder how long it will be finish.
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Board Bitcoin Discussion
Re: Has this concept changed? " Invest how much you can afford to lose"
by
dumbymamby
on 03/06/2025, 12:11:26 UTC
Every people have their own phrase including Michael Saylor. Think about it, if you just have $100 per week and you can only use $20 while $80 for filling your needs, that $20 is the money you can afford to lose. You will not add more money because that money is for your needs.

You don't have to follow what Saylor do because you are different. Not to mention about the amount of money between you and Saylor have, but there is another different that can not work if you use it.
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Board Gambling discussion
Re: Casino Bonuses Perk or Trap?
by
dumbymamby
on 03/06/2025, 11:17:11 UTC
That bonuses is worth it for gamblers but only if they can control when gamble. Many gamblers lose that while gambling and just make chasing the bonus by depositing more money.

That is not worth it to do because you can lose so much money and once you realize about that, you will regret and suffer. It is happen to many people who come to gambling and just want to spend their time. But then they are tempting by the promotion they see and they directly deposit more money to get the bonus.

If they can stand on their feet and not chase the bonuses especially if the bonuses have a high requirement, they will not forget to manage the money. They will think that they will have another chance to get a bonus that will not have a high requirement.
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Topic
Board Gambling discussion
Re: Premier League Prediction Thread 2024/2025
by
dumbymamby
on 03/06/2025, 09:26:02 UTC
I feel that the club world cup is going to be boring since some top club that's supposed to make it more fun and interesting didn't qualify, but there's this saying that half bread is better than none, so I'll just follow up some match to keep myself updated on the performance of several teams and their recent signings while I wait for the real deal next season. For the match between Chelsea and Leon you didn't lie when you said it would be easy to predict since Chelsea are a better team than Leon but lots of Chelsea's players are going to be rested so they'll be fit for the new season the coach would pick most of the second team players are rest his senior players against fatigue so the result could go the other way round, a suprising result like you said.
No, i feel that is still interesting because there may be a changing on the position of the top. If weaker club can raise their performance better than better by recruiting potential player, they will have a chance to beat the strong team. Yes, Chelsea have a bigger chance to win than Leon but who knows because anything can happen in the field. With the rested of the player, it is not easy to manage their performance and beat Leon. Leon itself will not give up and give their best shot.
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Board Gambling discussion
Re: Losing My Passion for Poker After Years – Just Hoping for a Turnaround
by
dumbymamby
on 03/06/2025, 07:07:42 UTC
You need to move on, sir. You have to do that if you still want to make your mom proud of you although your mom is not besides you anymore. I suggest you do something and forget the past for a while and think what you can do. Maybe visit some friends and talk to them will help you to find what you can do. Usually, that is what I do if I need to share my problem. We need to share our problem with somebody else who can help us to lift and make us move on.
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Board Gambling discussion
Re: Be wise with your wins
by
dumbymamby
on 14/05/2025, 09:26:54 UTC
Yup, instead of taking that opportunities to cashout their earning they stay and keeps on pushing for more, being wise especially whenever you have your chance is something that's needed to continue being practice from each sessions that you play the game or you bet with your favorite sports, with that kind of mentality, you'll be able to maximize your win and be able to adds up enjoyment after playing.
You know I've tried to do this kind of thing, but it's never worked for me, that's why I recommend that, but that other way of withdrawing by accumulating small profits is very functional, so it does apply except that I'm a little anxious and in view of my experience I've spent what I have in the balance by accumulating, so it works better for me that way, this is something that depends on each person and their way of seeing things in the casino.
We don't have to try to beat the casino because we will lose much for sure. What we need to do is just use the money to fun and when we win, we can withdraw the money or keep it for a while. And if we can accumulating small profits continuously, we can wait until that amount reach the minimum amount to withdraw so we can withdraw it. We need to be wise with our winning instead use it for gambling for more as we don't have much chance to win more money.
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Board Bitcoin Discussion
Re: Bitcoin is deflationary
by
dumbymamby
on 14/05/2025, 07:09:42 UTC
The Bitcoin supply not change but Bitcoin investor may change their Bitcoin amount if they still buy and hold. So that doesn't mean about deflation like we see in fiat. It is just a changing of the Bitcoin amount for every Bitcoin invest held.

But Bitcoin investors can sell their Bitcoin anytime they want so that will change their Bitcoin amount.
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Board Bitcoin Discussion
Re: If Bitcoin was the currency of a country
by
dumbymamby
on 11/05/2025, 10:07:46 UTC
I feel Bitcoin won't be only a currency for a country. Because governments don't want to lose the control from their native currency. Bitcoin is uncomfortable; cryptocurrency means no one would have control over that. On the other hand, transaction fees are another prevention. We know a large number of the population don't know about Bitcoin and how it does work. Those who are illiterate can't handle Bitcoin anyway. So we must have physical notes for our daily life. Which isn't possible; we can't imagine what will happen if Bitcoin becomes a currency for a country.
That’s probably the reason why bitcoin until now has not become a country’s currency, except for El Salvador who made it as an official currency. It requires a mass awareness and adoption, and most likely mass education so that all the citizens living in a country will be informed on how to use bitcoin properly. However, if a single country really aims to use bitcoin in their country, it’s actually possible but it takes a lot of preparation prior to that so that the people won’t get confused and stay complaining in the long run.
Once the awareness and adoption increase, people will realize about the use of Bitcoin besides of the investment. But with the fluctuating of the price make the government difficult to make Bitcoin as their main currency. So it is better if the government will not use Bitcoin as official currency but still use their own fiat currency. Yes, it need many things to prepare before Bitcoin can be use as currency while the government need to discuss this with many parties.
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Board Bitcoin Discussion
Re: The more delay on investing in bitcoin , the more backward you are.
by
dumbymamby
on 11/05/2025, 03:41:24 UTC
That is right because if you delay more and more, you will not have a chance to buy Bitcoin. They don't take action instead they just wait for the price drops but when that was happened, they did not start it. It is just saying it the mouth without action so we don't have to hear them say like that anymore. We have a plan to invest in Bitcoin and not just think of it. That will not be our concern always suggest them but they don't take action by start investing in Bitcoin.
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Board Bitcoin Discussion
Re: Why not just save in Bitcoin?
by
dumbymamby
on 10/05/2025, 11:11:21 UTC
It would be a dumb thing to do to go into anything without any proper planning. One who doesn’t plan is one who has planned to fail they say. When it comes to investing, you would have to have it at the back of your mind that, you could fail and in order to have a better chance at succeeding, you need to make proper plans.

Agreed, you don't have to put all your hopes on one thing succeeding because there can be many disappointments in the future that makes your investments not to be as you have planned and when that investments was your all and all, it can be so disappointing. Bitcoin is volatile that's why people's don't like to save in it. For those already investing in Bitcoin, they do more of their savings in stablecoin and not Bitcoin. People don't want to lose but are planning on how they can make so much money but what they have forgotten is that for you to make more money, you have to be willing to risk more and by having different investments, you're risking more because they can all fail and you lose everything but still you have a chance of making profits if one gets to succeed.
Maybe they could lose in their first year but after the price increases, they will see that their loss change into profit. People can not wait for some time while they don't make a plan for their investment and just join without proper research. Many people still say that Bitcoin is a scam because they never want to learn more details about Bitcoin investment. Having an investment should be careful and only use the money we can afford so we don't have to regret if the situation worsens. But for Bitcoin investment, they will see how their profit become bigger especially when the bull run comes.
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Board Off-topic
Re: $290 Million Crypto Ponzi Scheme in Brazil (Seized)
by
dumbymamby
on 10/05/2025, 08:28:43 UTC
Those who have an experienced before will not scammed again IF they can calm down for a while and check the truth. But if they are greedy and want to make a quick profit, they will fall again in the scam.


I just hope they learn from their mistakes, so they won’t get scammed again. People need to accept that there’s no such thing as quick money in crypto.

Honestly, they’re better off investing in meme coins, at least those are popular and can bring big profits.
Still risky, yes, but at least it’s not a straight-up scam.
It seems they will not learn from their mistakes but we can just hope.

In any investment programs, there is no quick money so they need to wait for some time to see if their investment give their profit or not. But investing in Bitcoin will surely give them profit.

I also say that to my friends. But they still do that over and over because every time a new token release, they will busy to check and search for more info. In the end, they risk their money without knowing if they can profit or not. I already explain that if they want to make a profit, just use Bitcoin and they are good.
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Board Speculation
Re: Bitcoin hit $100k
by
dumbymamby
on 09/05/2025, 11:48:04 UTC
Who else saw BTC at $100k and $ETH at $2k— do you think this is temporary or we should expect more ATH?
Me Grin

I am see Bitcoin is at $102k and Ethereum at $2k. It is temporary because Bitcoin will increase more than that.

This situation make all people who have Bitcoin happy. They can see the profit in their wallet bigger than few weeks ago. Thus, they can set their target sell price if they want but it is better to hodl for more.
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Board Bitcoin Discussion
Re: $290 Million Crypto Ponzi Scheme in Brazil (Seized)
by
dumbymamby
on 09/05/2025, 08:11:15 UTC
Every time there is a Bull knocking, people try to get other people to believe too much into something - too bad people still fall of for it. It's inevitable to see everybody being cautious in such times..
If we’re talking about a bull market, there’s nothing wrong with that. But when that bull market is used to push Ponzi scams, that’s where it becomes a problem. These scammers take advantage of hype during bull runs to promote their scams because they know people are excited to invest. And sadly, it’s usually the newbies who FOMO in and end up on the wrong side.
I guess the current situation might attract scammers again as we’re back to $100K, baby!

That kind of hype always brings the shady ones out. So we need to be extra careful, because this won’t be the last time we hear about scams. There are still Ponzi schemes out there and probably more being planned as we speak.

We have to clearly understand the difference between a legit investment like Bitcoin, and those sketchy offers that promise “too good to be true” rewards using Bitcoin as bait.
Those who have an experienced before will not scammed again IF they can calm down for a while and check the truth. But if they are greedy and want to make a quick profit, they will fall again in the scam.

Yes, I agree that we must be extra carful because the Ponzi schemes may look different than before. The scam method may also different so we should be careful deciding anything.

If we see an offers to invest in Bitcoin but using a program, we don't have to try because investing in Bitcoin means we keep our Bitcoin in our own wallet and not in other people wallets. So that should make you suspicious and not getting close to that.
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Board Gambling discussion
Re: Comparing gambling to trading
by
dumbymamby
on 09/05/2025, 07:44:47 UTC
Trading is trading. Gambling is gambling. So that is the different. But some people will say that trading can become gambling so that is right. Trading become gambling when you buy a coin without analyzing and choose randomly and predict if that coin can increase soon.

Cash out in gambling will prevent you from the lose. That will similar with stop loss in trading. If you can use both in trading and gambling, you will prevent the loss. But badly, most people are tempting to become greedy in gambling and trading so they are not use that feature because they expecting a big profit.
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Board Gambling discussion
Re: Will we see this era?
by
dumbymamby
on 09/05/2025, 06:43:59 UTC
I am asking because this is what banks have turned to, having their ATM machines installed in public places to have people use them for withdrawals on the go. What are you thinking?
In my country, ATM machines are equipped with security guards on the streets to strengthen security, but if gambling or casino slots machines are installed, the police will arrest and punish the gamblers. In my country, gambling is openly illegal and prohibited, so it is not possible to install Slots Machines like ATM machines. However, in the future, such days may come in our country as well, where people will participate in gambling in public places and have a boring time.
Well, that mean, all things will depend on the legality of gambling in a country. But if we see slots machine have a feature to depositing in crypto in the future, we can try it and feel the excitement. But personally, I won't try it because that means, I will reveal my crypto in public which can give me risk to have a problem. We don't know when the problem occurs but with assuming many people know about crypto, the bad guys will make us as their target and do something that can make us in trouble.
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Board Bitcoin Discussion
Re: Why Bitcoiners should stay positive despite the current dip
by
dumbymamby
on 08/05/2025, 11:03:42 UTC
If you have been here in the forum for quite long, then you will understand why staying positivity is the best solution every time the market is in dips. Just knowing the fact that bitcoin is highly volatile and that every time it’s prone to price fluctuations, so be patient should be the best remedy. Don’t panic and keep bothered as to how the market moves, what we see is only temporary. The real successful bitcoiners are those who hold their coins for long term despite how unpredictable bitcoin price is.
Staying positive will help us to stay away from panic especially if we see the price is down. You will see another time to use the moment for yourself so you will not desperate with the market situation. Patience will be recommended for all people especially for the investors so that will not make them confuse if the price still up and down. They just need to hodl their Bitcoin because they believe the price will increase more. If they want to become a successful investor in Bitcoin, they should hodl Bitcoin no matter if that is a hard situation because that is just temporary situation. Everything will be normal and the price increase so high.
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Topic
Board Bitcoin Discussion
Re: Bhutan launches first national crypto tourism payment system
by
dumbymamby
on 08/05/2025, 08:35:51 UTC
Great news for Bitcoiners. They can go to Bhutan and pay using Bitcoin. It will make more adoption from the other countries near to Bhutan because they can see the real thing that Bhutan did.

Bhutan will be one of the early countries that used Bitcoin and other coins so that will be pioneer for crypto. Hopefully, this news will bring Bitcoin to the next high price because more support will come from other countries.
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Board Bitcoin Discussion
Re: If Bitcoin was the currency of a country
by
dumbymamby
on 08/05/2025, 08:00:22 UTC
That is what the government don't want to do. They are not ready with the fluctuation of Bitcoin price. They can not control Bitcoin.  I don't know for sure what they will do but they will not approve that. Bitcoin will not be used to replace fiat but work together with fiat will be good. So that is what Bitcoin will do in the future when Bitcoin grow bigger. But if my government use Bitcoin as currency, I will still use Bitcoin as the investment because I don't want to spend my Bitcoin to pay the transaction. I prefer to use fiat for the transaction payment and Bitcoin for the investment. Maybe that will what the government will choose so they can still control their country using fiat.
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Board Economics
Re: Central banks and financial instutions selling gold to retail to buy crypto
by
dumbymamby
on 07/05/2025, 11:38:43 UTC
The banks depends on the government regulations so once their government said buy Bitcoin, they will follow. But they will not sell gold to buy Bitcoin but they will use another money they have. We don't know for sure if that news is real because no banks will tell if they buy Bitcoin because of their own reason or because of their government. Gold still be a reserve value for the country so they still need gold. But gold also still be used for corruption because who doesn't want to have gold? Grin