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Showing 20 of 14,800 results by mirakal
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Board Trading Discussion
Re: Made Money from Spotting what whales are Buying?
by
mirakal
on 02/09/2025, 22:11:12 UTC

Do you start buying what the whales or big investors are buying, no matter how small your funds are?  Or do you do these just to catch market trends?
We should be careful with this idea because many of these are just a trap. Many pump and dump groups, along with scam projects, have attempted to manipulate the market. That is why I don't buy hyped projects, as it is riskier than buying projects with low performance. We'd rather buy coins that have been known for their potential rather than just looking at their price. Deep market analysis is necessary, which is the only thing that could save us.

Like what happened to many hyped projects before, where many investors lost their money due to sudden drops. We must take that as a lesson to learn.
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Topic
Board Economics
Re: Demand, Supply and Bitcoin Price
by
mirakal
on 01/09/2025, 17:58:48 UTC
With how bitcoin price is behaving these days, I can say that it’s not only demand and supply that is continue affecting its price moves and changes in the market. We have been seeing different market trends and events, and even hypes that are also contributing to the price changes of bitcoin every now and then.

However, what mostly contributed bitcoin to its future global adoption is its law of demand and supply. People continue to patronize bitcoin because there is a high demand despite of its limited supply in the market.
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Board Bitcoin Discussion
Re: Could Bitcoin still exist if the internet was shut down worldwide for a week?
by
mirakal
on 01/09/2025, 17:43:54 UTC
Would Bitcoin survive through offline solutions like mesh networks and satellites, or would it completely halt?
If there’s no internet, there’ll be no possible transactions made, but bitcoin will never stop from its existence. It will still be there, whether in our wallets or in centralized exchanges, but its function as a currency or investment will be temporarily shut down and will only be back once the internet is available again.

However, it will reduce its development towards global adoption if this losing of internet will be happening most of the time, and it will lessen the exposure of bitcoin towards its new investors and users in the crypto market.
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Topic
Board Gambling discussion
Re: If Winning and Losing Leads to Gambling Addiction, Is There Really no Way Out?
by
mirakal
on 01/09/2025, 17:22:10 UTC
Regardless if you playing for fun, or playing for the profits, if you play beyond the normal level you are expected to play, and you get so involved, you can become addicted, same ways if you win or you lose in gambling you can still be addicted.


What matters is how you gambling, and not or what you get from gambling, whatever you do too much is already addictions, when it becomes uncontrollably done multiple times
Exactly. If you gamble maximum of your time like it’s an abuse already, whether it’s a win or loss, that already is a proof that you are a gambling addict. You don’t set limits when it comes to your money and time, and you gamble all you want to, like almost 24/7 as long as you have funds to bet, that only shows your gambling addiction is extreme.

However, mostly, those who fall for addiction are those who gamble for profits, and even if they lose or win, they will never stop gambling because they thought gambling more will attract more profits to win.
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Topic
Board Economics
Re: Money is power and it open doors for you if you are financially discipline
by
mirakal
on 01/09/2025, 14:54:14 UTC
Money is power and for you to get that power, you need to invest,save money. You don't wake up one day and get that power, it takes a lot of financial discipline to achieve that.so I suggest you save up and buy some bitcoins for the rainy days.
 Bitcoin is one thing that will not lose value rather it appreciate in value. Just invest because at old age you will not have the strength to start doing all that you were doing when young.
In fact, money is the main power in the present time, without money there is no value at present. Now it is important to have a good source of income before saving or investing money. However, I am not in favor of saving money, because if you save money, the value of money will start decreasing day by day due to inflation. So investing in Bitcoin is a good idea to benefit financially in the future, but some people want to get rich quickly by investing in Bitcoin, which is a wrong idea, to benefit from investing in Bitcoin, you have to plan for the long term. Now Bitcoin is a volatile currency, so the price of Bitcoin will not only increase, it is natural that the price of Bitcoin will decrease and increase, but Bitcoin has good potential in the future, so you have to be able to hold Bitcoin with risk in any situation.
Money is the most highly valuable these days. Accept it or not, without money, life will be meaningless. This is why it’s crucial for us to keep a good flow of income, whether from a stable job, business or a profitable investment, otherwise life itself will be a mess, like everyday we’re struggling to overcome all the financial pressure and crisis for the sake of survival.

Money can be powerful, and those who are living in luxury are undeniably have gained high advantage compared to those average ones. But let’s not forget that money is just a material thing, so it’s just temporary, at least we should know how to control our greed for money.
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Topic
Board Gambling discussion
Re: Illusion of control
by
mirakal
on 01/09/2025, 14:22:01 UTC
However, without illusion of control, we will never feel the thrill and excitement when gambling. This is the only thing that makes our gambling experience very much lively. Although I have to admit that having illusion of control will push us to gamble more, but if you only know your stance in gambling, that no matter how confident you are, the house will always win in the end, then gambling addiction will be prevented.

My point here, while it’s for our good sake having no illusion of control, but I believe this is just inevitable. There are actually gamblers who feel overconfident especially if they get overwhelmed with their winnings, and I think it would be hard beating this kind of emotion.
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Topic
Board Gambling discussion
Re: What would you do if offline casino refuses to cash out winning?
by
mirakal
on 01/09/2025, 13:16:59 UTC
If such situation happens to you, how would you react? What a person even can do in this situation? Go away with chips? Give chips to someone else and let him cash out? Contact lawyer?

Being calm would be better than being furious when this happens.  What you can only do during this situation is to file a formal complaint on that casino. If you know you've won fairly, you won't be afraid doing such thing.

Wait for the casino management to respond and see their reason why they wouldn't allow to exchange your casino chips. If you think something is not right then better course would be to contact your lawyer.
First and foremost, it’s hard to remain calm when you think you are being cheated while you make sure to yourself that you are betting fair and square. So I would say getting angry to the casino would be normal, but it’s always better to not put everything within your hands but chose the legal way. Sue them if you have seen some illegalities on their operation, and since it’s a big threat for them, maybe they will decide to pay you without hassles.

Sometimes, a bad casino will try to take advantage on you, but if you are wise and smart, you will never fall on their trap, so more than a responsible gambler, you also have to be wise and cautious so you will never be outsmarted.
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Topic
Board Trading Discussion
Re: What distance of time is long term investment plans?
by
mirakal
on 01/09/2025, 12:24:16 UTC
It matters how we define long-term. More than 1 year is a long-term investment for me. From what I understand about investing, I don't think we need to hold for several years before taking our profit. In this volatile trend of Bitcoin, every pump is an opportunity to sell and earn money, while every drop is an opportunity to invest more. That is why I don't hold too much of my Bitcoin, as I take every single opportunity to earn regardless of time.

I'm not going to say that is the smart thing to do, but I believe that is the right system.
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Topic
Board Bitcoin Discussion
Re: Will the Next Generation Even Care About Bitcoin’s Origin Story?
by
mirakal
on 01/09/2025, 10:33:31 UTC
The new generation doesn't care about the past but rather about the future. They won't value anything in the past but rather value what they can get by tomorrow. They are more busy building their wealth and enjoying life rather than thinking about how these things have been made. I'm going to say that they easily forget Bitcoin when there is another technology better than this. And we can't force them to remember it and discover how it is made because the upcoming generation no longer has such appreciation for life.
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Topic
Board Gambling discussion
Re: Do you flex on your pals when you are correct
by
mirakal
on 31/08/2025, 23:59:37 UTC
To answer the question, no. I believe gambling is just luck-based so why should I flex my win and correct them? And they don’t seem to do it otherwise, so I should also be doing the same thing.

I chose to keep it myself instead. After all, I can’t assure if I’ll still be winning the next game, so there’s no reason for me to flex and correct them for whatsoever reason.
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Topic
Board Gambling discussion
Re: Slots or Casino are designed for people to lose.
by
mirakal
on 31/08/2025, 23:28:21 UTC
The fact that we always complain why we are consistently at loss, that only proves that casinos are designed to make us lose while leaving them gaining the best advantage. And casino is a business, so they will always make sure to keep those profits and grow their business, even if it means a big loss for us.

This is why we should be gambling responsibly. And gamble only on our spare money, because we are designed to lose and make the house constantly in profits.,
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Topic
Board Bitcoin Discussion
Re: The Feeling of Paying a Food Bill with Bitcoin
by
mirakal
on 31/08/2025, 22:01:34 UTC
Paying with Bitcoin is just the same as paying with fiat money. And it was the same feeling online, like with GCash, Maya, etc. Feel no excitement about it. Paying with Bitcoin will soon be more widely adopted globally. It will give an option if all establishments accept it, just like accepting other online payment options. Your friend, OP, seems to be doing the best thing. It may not hit the people right away, but at least it is giving us a way to use our Bitcoin as a currency.

We just hope the fees will never spike like before, because if they do, that affects the adoption situation.
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Topic
Board Gambling discussion
Re: Are slots rigged or Just math at work?
by
mirakal
on 31/08/2025, 21:25:01 UTC
Slots is not rigged, not at all. It just happens that our luck never stays long on our side. That is why after short wins, losses come. Now, if we're too greedy and thinking there are more winning bets we can get, that surely ends up losing everything.

If we have been gambling for quite some time, I'm certain that we know how gambling works. It does not just happen in slots but also in other games. Why? That is how gambling is meant to be. We can't duel in a game of luck, nor say it is manipulated because we know that luck has never been with us forever.
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Topic
Board Gambling discussion
Re: Does refusal to play (deprivation) help cure gambling addiction?
by
mirakal
on 31/08/2025, 12:54:53 UTC
The goal of gambling addiction treatment is to stop the person from playing often or at all, goes without saying that there will be an attempt to slowly take the person away from their source of addiction and replace that activity with a different one that gives same levels of dopamine but one they can manage effectively and not get hooked on.
Exactly, you need to divert your attention to different things or habits. If you’re only restraining yourself without finding distractions, you’ll just keep thinking about playing and eventually fail in your attempt to recover. You should do other things you enjoy the most, and if that’s not enough, add more activities so you can avoid thinking about gambling. It’s important to do things you genuinely like so you won’t get bored or lose interest.
Know your priority and stick to it. You don’t have to leave gambling in an abrupt way, but take one step at a time until you get used to it and find yourself not fond anymore of gambling, and you can peacefully live already even without gambling in a week. Once you made it happen, rest assured that you can recover from gambling addiction if you consistently avoid gambling.

Find another productive hobby and spend your time on it which you usually spend in gambling. It will be effective if you are determined to leave from gambling for good.
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Topic
Board Gambling discussion
Re: which has better odds
by
mirakal
on 31/08/2025, 09:59:36 UTC
which has better odds: physical casinos or online casinos?

the answer is online casinos. the reason for this is they have a lower cost for starting and operating the casino if it is online so there is not much needed to break even or get profit but physical casinos has a lot of costs just from the building, working employees, electricity or other maintenance needed.


I couldn't find this to be reasonable, believing that they all have the same odds of winning whether they are online or offline casinos. If we can see that many prefer online gambling, that for sure was not because they win more compared to offline but rather because it is all about convenience and time limits.
If someone could prove that, maybe I would change my view, but until there is no solid proof, it remains the same. Whether we like it or not, gambling is still a game of luck.
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Topic
Board Trading Discussion
Re: Please Give up! If you notice trading is not for you.
by
mirakal
on 31/08/2025, 05:33:48 UTC
Personally, i cannot blame those who prefer to stop trying to succeed in trading, because everyone's psychology is different. However, as far as i understand, every failure has a cause, there are mistakes we make that trigger that failure, and what we must learn is how to fix those flaws. After that, it might be best to start by improving your mindset first. Don't use a gambling mindset in trading (wanting to get rich quick), as this is wrong. In practice, traders like to use maximum leverage when trading futures or full margin when trading forex, and this is what triggers the destruction of our capital. On the other hand, knowledge of technical analysis is no less important, so that we know whether the setup we have created will fail or not, and we can evaluate the important factors.
In order for us to learn and succeed, we need to experience the worst scenario of our trading journey. Failure is not the end of our journey but rather the beginning of a big change.

Indeed, we don't need to feel afraid of making mistakes and suffering losses because with that, we tend to grow and improve. But if not, it is best to quit and forget about trading because that surely wasn't for us. And we have to note that trading is not for everyone but rather for those who want to change and can adapt to the situation.
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Topic
Board Gambling discussion
Re: gambling and divorce
by
mirakal
on 30/08/2025, 23:31:47 UTC
If you know the essence of marriage, you will never have the idea of hiding your gambling activities and addiction. That’s an insult to your partner, while she made it all transparent for you, but you chose to be secretive on her because you know gambling addiction will never do good for your marriage.

Know your place as a husband/spouse, you’re supposed to be building the foundation of your family to make it strong, but what you did is the opposite, and that would lead into a divorce that any couple or family does not wish to experience. Get rid of secrets, but chose transparency and family over the greed for money.
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Topic
Board Gambling discussion
Re: Will You Make Yourself As An Example Or Ashame To Expose Yourself
by
mirakal
on 30/08/2025, 22:33:47 UTC
I’m quite sure that a lot here are still taking loans to finance their gambling activities and even chase losses in the long run. So should I feel ashamed for that? Never, especially that I’m also taking responsibility of my own actions and still make responsible payments on time, so it’s never something to get ashamed of.

My intention is, let these beginners learn from me and weigh things if it’s good to take a loan or not. I won’t say it’s bad nor good, but I’ll just leave it to them how they’ll create judgement on what I’ve been practicing.
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Topic
Board Bitcoin Discussion
Re: Will banks One day accept Bitcoin deposit?
by
mirakal
on 30/08/2025, 21:48:23 UTC
One day banks will accept Bitcoin as medium of exchange and accept deposits from bitcoiners. As soon as the world powers accept it as medium of exchange.
Banks hate Bitcoin. They don't accept it despite global acceptance. Besides, why use a bank when we can deposit it into our controlled wallet? Why give them a complicated job when we can do it personally? We don't need them. We do it on our own. That is one advantage of having this in place, where we have the fullest control and no need to spend money on others to guard our assets.

In fact, that is why banks dislike Bitcoin, as it will affect their income. So we don't expect them to welcome Bitcoin but rather push it away.
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Topic
Board Trading Discussion
Re: Risks tied to using a single exchange
by
mirakal
on 29/08/2025, 23:09:04 UTC
Nothing is safe. That is the reality, and we can't change that, no matter what we do. What we can do is prevention and use the exchange for trading purposes, not as a storage wallet. Because I know that this is a common practice of some traders, and they should realize the risk attached to this idea, because a sudden collapse can't be reduced. We'd rather be more cautious than be sorry.

Aside from that, use a reputable exchange as much as possible because they will inform us once there is something wrong with them. At least, we still have time to withdraw our funds.