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Showing 20 of 645 results by riskthebiscuit
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Board Bitcoin Discussion
Re: Crypto’s biggest problem isn’t regulation or adoption says Suhail Kakar
by
riskthebiscuit
on 19/07/2025, 02:19:18 UTC
What do you think?….. What’s your take on the matter


Well if you look at what BaseChain and Abstract are looking to do at the moment, they would agree with you. Specifically that a lot of crypto itself is confusing and has a steep learning curve that most do not want to undertake. Combining crypto into just an app like Basechain and Abstract are doing is exactly what you need to get more retail participation.

Doesn't hurt that the PENGU (Pax) is cute!  Kiss
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Board Gambling discussion
Re: gambling in prison
by
riskthebiscuit
on 11/07/2025, 01:12:19 UTC
have you ever been to prison? it is a tough life in there. no matter what you did or whether you were wrongly accused for something, prison is not for everyone. it is obviously lonely as you gets separated away from your family. it can get boring, not being able to do what you want.

but gambling, even tho is prohibited, is often what entertains most prisoners. there is no actual money in prison so they often exchange in other forms of currencies like food or smuggled items. even their way of gambling is smuggled. cards, dice and even information from the outside are all smuggled.

the reason why gambling is prohibited tho is because it might escalate into fights if someone for example loses and doesn't pay their debts

just shows how gambling will always exist anywhere

So the only question is which came first the chicken (prostitution) or the egg (gambling). They probably arrived on the same night to be honest  Grin.

But in all seriousness, it does seem like those two industries are evergreen. Seemingly will last longer than functional jobs, even in a broken down society. A financial dystopia is ruin for most, but green skies for profitable gamblers and hosts.
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Board Economics
Re: Is a University Degree Still Worth Anything?
by
riskthebiscuit
on 11/07/2025, 01:08:51 UTC
Has anyone else noticed that these days, having a university degree does not seem to guarantee a good job anymore? In the US, more than 40% of new graduates are working in jobs that don’t even need a degree! In the UK and Canada, youth unemployment is even higher, and entry-level jobs are much harder to get. Now, for each job, there are more than 100 people applying

A lot of people blame technology (especially AI, robots and automation) for stealing jobs. But the truth is more complicated. Companies are using AI to get rid of simple tasks, yes, but they’re also sending jobs to cheaper countries. And when there are jobs, many companies do not care about your university name anymore. They want to see if you really have the skills or special training for that job. That means people have to pay even more to get extra “certificates” after graduating

Meanwhile, graduates are stuck with debt and stress. Many young people feel lost, frustrated, and even angry, like society promised them something it can’t deliver. In the past, too many frustrated young people has led to big changes. Sometimes for the better, sometimes not. Do you think the old way of working (one job, one company, climbing step by step) is over? Now, I see many young people having several jobs, working on short projects, or even starting small businesses on the side. In a recent report, more than half of workers noticed more people working two or more jobs

Is university still worth it today? Are “extra skills” and certificates just another money-making trick? Has anyone here found success without a degree, or by learning something new outside of school? Is this the start of a new way of working, or just a big mess?

Yes, we have noticed. We have re-entered merit based economics and not paper based. This will be more evident as AI advances and those who can code it will thrive, merit will be the consideration not how SR you are in your now defunct company.

No, university is not worth it anymore. It's the start of a new way of life, not just work. A fundamental shift will occur that cannot be undone, but alas the future is brighter. But those who haven't worked on themselves will struggle immensely to begin. But a new age is coming and it won't be where humans are working 33% of their lives.
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Board Bitcoin Discussion
Re: BITCOIN reaches new all time high today!
by
riskthebiscuit
on 11/07/2025, 01:05:43 UTC
Despite not hitting ATH in USD terms and purchasing power this is a start. It will domino back and forth until, ultimately, things are priced not in USD but in satoshis. Perhaps bits , that might be more catchier.
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Board Altcoin Discussion
Re: TON offers 10-year golden visa for its holders
by
riskthebiscuit
on 09/07/2025, 09:14:13 UTC
If you thought you were gonna stake 100k of TON and then get access to a visa from a country oh boy. Do I got a bridge for you...  Wink

But in all seriousness, this could be a collaboration that takes effect in the far future. I doubt it happens in the next 5 years, but if countries get really desperate for cash, I don't know if they would be against selling out (ie they will sell out for some BTC/ETH etc)
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Board Speculation (Altcoins)
Topic OP
MATIC. What other L2s compete?
by
riskthebiscuit
on 05/12/2021, 16:03:50 UTC
Matic has currently been on a tear as of late and during the Bitcoin dump it improved its BTC ratio. It seems to have broken 6 month accumulation range with massive strength.


News events as of late:

Polygon & Coinbase agreement (rumoured but not confirmed yet). https://tradersofcrypto.com/news/polygon-matic-boosted-by-coinbase-nft-rumors/

Polygon & Draftkings agreement. https://www.draftkings.com/about/news/2021/10/polygon-and-draftkings-enter-into-a-strategic-blockchain-agreement/

Polygon Miden. Ethereum Rollup. https://blog.polygon.technology/polygon-announces-polygon-miden-a-stark-based-ethereum-compatible-rollup/

Polygon zk day. https://polygonzk.ethglobal.com/

Only question is will it hodl now, and if so what PA do you expect, and do you expect any other L2s to compete heavily? Ie Optimism, Arbitrum, SyscoinPersonally, I suspect it will hodl the line at 3800 sats region, and will look to make previous resistance support. From there, it is anybodys guess but I would believe $10 is on the table.
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Board Bitcoin Discussion
Re: Do you guys think 0.1BTC is enough to "make it"?
by
riskthebiscuit
on 05/12/2021, 15:41:01 UTC
If Bitcoin reaches or exceeds $5M USD then comfortably you can say you will be living well. But other than that, don't bank on a future where that will  make you secure. It can help secure your finances, but shouldn't be all your funds of course.
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Topic
Board Gambling discussion
Re: I won $550,000 gambling on sports this month
by
riskthebiscuit
on 05/12/2021, 14:13:32 UTC
Nice haul! I haven't experienced that level of success. But I once did turn $100 into 3k in less than a week. I hope to have your level of sage one day. Again nice haul! Grin Grin
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Board Bitcoin Discussion
Re: Buying BTC anonymously
by
riskthebiscuit
on 05/12/2021, 09:56:13 UTC
That sounds like a lot of leg work and risk. What about a mixer? What about finding somebody that wants to buy or sell IRL and can facilitate a trade? What about P2P markets? There are more options than you present, and I would think them all through carefully before proceeding.
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Topic
Board Bitcoin Discussion
Re: WHEN DO YOU BUY BITCOIN?
by
riskthebiscuit
on 05/12/2021, 09:54:23 UTC
At one point or the other, we all need to buy bitcoin, but when do you actually buy it? or when is the best moment to buy bitcoin?

For example, should I save some cash to but bitcoin when there's a 0 -15% dip? or should I wait till there's a major drop of >30%?

Is DCA the only way to buy bitcoin? What if I invest in an altcoin that booms and then take profit from it to buy more bitcoin?

What is your strategy to buy bitcoin?



You buy it when you have reserve cash that you won't miss for a long time. Don't buy on leverage. Don't buy with credit cards. Don't buy with loans. Buy when you have the funds. DCA is always the best way. You can gain more exposure to the market, while not crippling yourself financially. As for when to sell alts, nobody really knows that. Everybody is guessing and playing the long game until the long game is gone. I try to find trades that can potentially get me more Bitcoin, and as long as we are in a bull market, those opportunities will certainly exist.
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Board Bitcoin Discussion
Re: Why the bitcoin logo is Orange ?
by
riskthebiscuit
on 05/12/2021, 09:52:15 UTC
Here’s 2 threads that show the development of the logo.

Satoshi initially created a logo -
https://bitcointalk.org/index.php?topic=64.20

Then member  Bitboy refined it -
https://bitcointalk.org/index.php?topic=1631.40

The logo started gold and then appears to move to orange , apparently as it’s more bright/ distinguishable?


Image from https://blog.logomyway.com/bitcoin-logo/

Sorry not a definitive answer, but hope it helps  Smiley



How is that not definitive? I had the same answer, and I would believe it to be the only way. Maybe that is naive of me, but thats the way I see it. And it is literally the only answer I can find anywhere else online so gonna roll with it Smiley
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Board Altcoin Discussion
Topic OP
Copycats good for the industry?
by
riskthebiscuit
on 05/12/2021, 09:36:19 UTC
As the title states, I was pondering whether the nature of open-source software is the way to go. It appears to me coins copy each other all the time. Example BNB copies ETH with BSC. And now BNB copies ETH with BEP-95 update.

Conversely, you see that Uniswap has a closed V.3 atm. I know this is controversial and I support decentralization through and through.

But given that your own protocol could be at stake if you give up critical information, is it best to therefore share the information and keep it open source? Or close the information (for a small period, not forever), so that one can keep a competitive advantage? Food for thought. Discuss.
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Topic
Board Services
Re: [OPEN] Blackjack.fun Signature Campaign | Up to $75/wk + Extra reward |
by
riskthebiscuit
on 13/11/2021, 01:24:30 UTC
Your bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=993448
Your current posts count (including this one): 695
Amounts of merits that you earned in the last 120 days: n/a
Your blackjack.fun username: riskthebiscuit
Post
Topic
Board Gambling
Re: There isn’t a poker room you could win at ?
by
riskthebiscuit
on 13/11/2021, 01:21:04 UTC
Even if poker is a PvP kind of game the casino still has expenses to cover and since they are giving a service and they are using some of their resources to keep the poker tables online then it is natural they take a rake, and as you say this rake is lower than what we see at physical casinos, however I can understand why some may find difficult to profit from it as the number of poker players on those websites is limited and many are decent players so unless you are way above them in terms of skill then you are not getting any profits against them.
I think that you can find online casino or poker room with players who`s skill will be at least not higher then yours own. But the most interesting game is when you`re winning powerful opponents as for me. In such wins you usually getting good profit and good moon. In easy games you can get profit, but mostly it will be less then your normal profit, and surely it will not be fun.

The trouble with these smaller and niche poker rooms (e.g. cryptocurrency only) is that they tend to be dominated by sharks. When you're on somewhere like pokerstars there are thousands, if not tends of thousands of players, and lots of new fish sign up each day to leak cash. This keeps the sharks fed while the fish either learn the game over time or drop off. However if you are looking at somewhere like swc where there might be 150 players online, who are spread across different buy-in tables, you'll find that they often know every single player there and how they rank against them. New fish are rare - so they get targeted and wiped out very quickly, which leaves you with a constant low amount of players. It's hard to see a crypto poker site doing well unless we have much wider adoption or a single site throws so much money into advertising they can reach a "critical mass" which draws in a sustainable amount of players (like having at least 1,000 online at any one time)
Exactly, poker is a zero sum game, if we want to earn money then someone else at our table needs to lose money, if everyone is a good player and we have a similar level of skill then over the long term the players are just bouncing money around and no one earns anything except for the house with their rake, this means that new players or players with low skill are needed but if their number is low then sooner or later they will give up and you will be back at having the problem of only playing against skilled players, so what is needed is for poker with cryptocurrencies to become way more popular so the influx of new players is constant.

You do not need cryptocurrencies do become more popular. You would just need the valuations to increase. If everybody theoretically 10xs from here, then tons will have money to gamble with. And I don't see how a website that is already at critical mass, cant create more volume? Pokerstars surely could add a "cryptocurrency" button and that should surely drive in more revenue right?? I am sure they could, but the time isn't right.
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Board Service Discussion (Altcoins)
Re: The BNB gas fee will increase as price keep appreciating
by
riskthebiscuit
on 13/11/2021, 01:14:59 UTC
I think you will get a mixture of things. You will get a higher bnb fee base price for sure. But that doesn't mean it won't succeed. Solana is heavily centralized as it is and thats why they can offer such cheap transactions and speeds. Sometimes decentralization isn't everything, and the market seems to think that too. In the end, I hope they figure it out because really only Bitcoin is worth holding long term at this moment.
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Board Announcements (Altcoins)
Re: Cardano (ADA): A New Cryptocurrency and More
by
riskthebiscuit
on 10/08/2020, 02:23:18 UTC
Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...

Try to launch it again. My first launch of freshy installed 2.1.0#14079 resulted in nearly empty window. After relaunch it runs properly. Also make sure you checked  downloaded file using  pgp signature. Strangely enough but my first download don't pass through Kleopatra's scrutiny. So I have deleted it and downloaded again, this time Kleopatra has approved it.

Good news everyone! I was able to get the executable and re-install it. Sync takes long but worked. Can start staking now, can't wait for the rewards! Smiley
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Topic
Board Announcements (Altcoins)
Re: Cardano (ADA): A New Cryptocurrency and More
by
riskthebiscuit
on 08/08/2020, 14:49:48 UTC
Is it just my computer or is daedalus mainnet v2.1 not an exe. If so, why is this? Cause I don't how to install it on right now...
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Topic
Board Announcements (Altcoins)
Re: [ANN] TOMOCHAIN - The Most Efficient Blockchain for Token Economy
by
riskthebiscuit
on 08/07/2020, 20:50:43 UTC
Hey guys just curious your opinion. Better place to store tomo: trezor or tomowallet? There seems to be pros and cons to both, curious what the community though best way of storing is. Thanks in advance Smiley
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
riskthebiscuit
on 18/06/2020, 20:10:22 UTC
Hey fellas. Noob question but gonna ask anyways as I don't wanna risk it. What is this representative address in my wallet, and why is it there? Would appreciate any help on it. Thanks Smiley

Watch this video for better understanding https://www.youtube.com/watch?v=LZ8TZFfYDcY 

Instructions on how to change in the wallet are actual for the 2018 year, so now if you use different wallet you need manually find this option in your wallet.

For now, the best website where are collected statistic about representatives https://nanocharts.info/

Haven't been around crypto for a while thanks mate, really appreciate it.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
riskthebiscuit
on 18/06/2020, 06:56:12 UTC
Hey fellas. Noob question but gonna ask anyways as I don't wanna risk it. What is this representative address in my wallet, and why is it there? Would appreciate any help on it. Thanks Smiley