Search content
Sort by

Showing 20 of 3,595 results by terrific
Post
Topic
Board Bitcoin Discussion
Re: Be a good example — CEO takes his salary in bitcoin.
by
terrific
on 23/07/2025, 23:54:02 UTC
He's setting an example to his company and also he's got wider reach and his reputation can help in getting more trust for Bitcoin.
While us, we're also here and we've been accepting payments through Bitcoin as well but we're not as popular as he is and don't have a title like his.
So, getting into these CEOs accepting Bitcoin like him might also encourage the others to do the same and the ripple effect continuous.
Post
Topic
Board Bitcoin Discussion
Re: Has El Salvador been lying to the world?
by
terrific
on 23/07/2025, 23:03:04 UTC
I know the length at which IMF has gone to discourage countries who are interested in setting up a bitcoin reserve just because they want to give them loan. I will not surprised if IMF is only making a propaganda on El Salvador regular bitcoin purchase because they are against countries relying on bitcoin to boost their economy in future. They are centralized giving out loans with fiat, do you want them to support to a decentralized system.
The IMF has protect itself as well because it's the money that came from them which EL Salvador has used in buying Bitcoin.
In a sense of being on the part and side of El Salvador because they're bitcoin friendly, the IMF also has the rights to say what they want to say and how their money should be used as per their rules of loaning.
But right now, they can't do anything on it anymore or maybe there's a payment arrangement that the El Salvador is being reminded by the IMF through this kind of statements.
Post
Topic
Board Gambling discussion
Re: Why some countries gamble more than the others?
by
terrific
on 23/07/2025, 22:04:25 UTC
1. Support from the government.
Countries who gamble a lot has solid laws protecting their players so gamblers in those countries can just freely gamble as much as they want without having to worry about their rights. This doesn't mean that the countries have very free and loose rules but it just means that they have clear frameworks. Some other countries have some limitations but since their rules are clear, many still gamble.
Gamblers there must be living in a real life fantasy. But don't be too excited, if it's just about the support it doesn't mean an all out support.
And what they are supporting is the legality of gambling and people are free to gamble without having to worry of violating any rules.
Some could think of this as misleading as if they're also giving aid in support of their gambling, no. Governments won't just give out money for people to gamble and that's different from them being supportive through policies.
Post
Topic
Board Gambling discussion
Re: How can you enjoy the game when you are losing?
by
terrific
on 23/07/2025, 21:05:08 UTC
Me either, I don't like when I am losing. But we can always hide in that reasoning that we're learning something new just to justify and flee from that disappointing moment.
Actually, I want to say here that this is not only your case, but also the same in my case and I also believe that there are many more people here who feel this way when they lose while gambling and at the same time the next expression is also the same.
That is a big possibility that many others are also feeling the same way.

Quote
That doesn't happen to all of us but we have to enjoy still even if we're on the losing side and we can move on from that.
Accepting the reality that sometimes we win and many times we'll lose is hard but, you'll get used to it.
Actually, it would be wrong to say that it doesn't happen to all of us. Because I think most people in gambling even though their total loss amount will be much higher, they still win in some cases. Personally, I think no one has worse luck than me because I face losses most of the time, but even then, the occasional win that comes through gives me the motivation to move forward.
We can tell that our losses are worse than the others. Because that's what we feel when we're on that.
And so, that's the reason they are not too hyped with the wins that they get back. Because if it's about breaking even, they're not even close that.
With your case that it gives you motivation to go on and keep doing it, then that's better for me.
Post
Topic
Board Speculation
Re: Is DCA Still the Smartest Strategy in This Stage of the Cycle?
by
terrific
on 23/07/2025, 20:08:55 UTC
I am and that's the good thing about it. You have no limits, how low or high you are going to buy. No one gives you an amount on how much you should buy because we're doing it out of our free will and availability of our pockets. If we can buy at the dip, it's also a good one but being consistent in DCA, it will take you to the mountains and you'd see how effective it is when you're about to sell at the right time. But, are you going to sell when that comes? maybe half yes and no.
That’s the beauty of DCA, it’s flexible and personal. You are  not forced to meet any fixed amount or timing. Whether it’s a dip or not, what matters is the habit of showing up regularly and buying within your means. Over time, that steady effort compounds, and you will  be surprised how strong your position becomes.

As for selling, it is always a tough call. Some might choose to take profits, others may hold longer. But the key thing is you will have options. And having that control is what makes the journey worth it.
Yes, we will have options by the time that we want to sell and it will be up to us if we'll still gonna continue to hold it or just sell some for the profits.
It is everyone's dilemma if it's about that. We'll have that moment that we're going to pressure ourselves into selling or by just doing nothing.
Everyone who decided to take profit because that's what they think is the right thing to do should have no regret.
Because that makes them think if they haven't sold and waited for the higher price. On the other hand, if the price goes down, they're happy that they've sold earlier.
Post
Topic
Board Speculation
Re: Is DCA Still the Smartest Strategy in This Stage of the Cycle?
by
terrific
on 22/07/2025, 23:45:30 UTC
is it still wise to keep averaging in at regular intervals?
Yes, it is.

Are you personally continuing your DCA strategy, adjusting your frequency or amounts, or taking a different approach altogether?
I am and that's the good thing about it. You have no limits, how low or high you are going to buy. No one gives you an amount on how much you should buy because we're doing it out of our free will and availability of our pockets. If we can buy at the dip, it's also a good one but being consistent in DCA, it will take you to the mountains and you'd see how effective it is when you're about to sell at the right time. But, are you going to sell when that comes? maybe half yes and no.
Post
Topic
Board Economics
Re: What Does "Being Rich" Even Mean Anymore?
by
terrific
on 22/07/2025, 22:49:49 UTC
So I ask you:
- Has your life changed with the "growth" of your country?
- Do you feel more secure, or less?
- If you could choose, would you want more money, more time, or more trust in people?
- Yes but I want to see others being helped by our government to have a better life. They need more incentives for ordinary citizens like me.
- Secure in a manner about my future or the actual security? I can say that I am feeling secured but we know that these days, there could be some people that might think of me as a rich guy but I am not. I am living quite well because I've got more freedom than others.
- Having more money gives me more time to do other things that I am passionate with and so, I choose more money because that also gives security and not headache.
Post
Topic
Board Gambling discussion
Re: How can you enjoy the game when you are losing?
by
terrific
on 22/07/2025, 21:48:56 UTC
It's like the enrolment fee that we pay and even we lose, we're still learning something. If someone is doing a test and he's losing, that's also fun.
The truth there it isn't just all about the losses and lessons. But also, there could be some wagering requirements that they're trying to meet.
And so, that's still fun for them and it's like a side quest that they have to reach in able for them to have that reward while having fun despite getting losses.
I think there can be lots of arguments that you can get pleasure from losing in gambling, but if I'm honest, I have to say that I don't feel that good every time I lose.
Me either, I don't like when I am losing. But we can always hide in that reasoning that we're learning something new just to justify and flee from that disappointing moment.

Basically, the enjoyment here is that you wager many times and end up with some funds. And it doesn't always happen to me. I try to accept reality and calm my mind. Maybe it was my ticket to see a horror film.  Roll Eyes
That doesn't happen to all of us but we have to enjoy still even if we're on the losing side and we can move on from that.
Accepting the reality that sometimes we win and many times we'll lose is hard but, you'll get used to it.
Post
Topic
Board Gambling discussion
Re: Trading business vs. gambling business in crypto
by
terrific
on 22/07/2025, 20:57:35 UTC
maybe, crypto casinos require less effort, investment and risk, which makes them more attractive to entrepreneurs. All of this is based on money, and if costs and risks are reduced, that is surely the reason why they take that path.
I don't think so, both requires huge investments but if it's about the start I think that you're right that it only requires lesser only from the start.
But given that the casino becomes known and popular, there's a need to invest in many things and that's one of the major upgrades that they can do.
Buying security to make their casino have a tighter measures so that they can't get hack easily.

In addition, it must be taken into account that competition in trading is much more aggressive, almost as if they were monopolized. The most popular trading sites take a high percentage of customers, while in casinos the clientele is usually better distributed.
It's hard to win the trading competitions that they manage, it's possible that they've been hiring good ones or truly manipulating the competition itself.
Post
Topic
Board Bitcoin Discussion
Re: What will happen if Bitcoin's network gets too big?
by
terrific
on 22/07/2025, 20:06:30 UTC
The network becoming more healthy and the speed is average and it's fixed for every block that's mined.
The scaling issues has always been talked even long time before so, he's got some concern that he shouldn't be worried with.
But because of his curiosity, it's okay for him to have that because he's part of this community. The fees might be quite expensive if you're going to base it off through its valuation in dollar even if it's going to be in satoshis, for example if 1 sat is the only fee but we've got $1M price of Bitcoin, you do the calculation.
Post
Topic
Board Economics
Re: Economic differences between older and younger generation
by
terrific
on 21/07/2025, 23:58:21 UTC
Are there any characteristics from the older generation you would want the younger ones to learn so they can progress economically?
Being resilient and adoptive. I think despite that the houses were more affordable on the older generations. But, they've gone through a lot as well.
From the bubbles, to wars and even gold rushes. That's why if it's about what the newer generations would like to learn.
Then, that's about being resilient and adoptive to the situation that they have. Today, there is a lot of opportunities that we can work with.
With or without internet, only the lazy ones will say that there is not a lot of opportunity. I understand that some particular countries, the opportunities are limited but, we have to find it and it might just be a few walks away if we try to look for it. Some will find us if we're skillful and experienced.
Post
Topic
Board Gambling discussion
Re: How do you see slots game?
by
terrific
on 21/07/2025, 23:01:21 UTC
If you are starting to lose, which is normal since you can't win all the time, you can always take a break while your streak of bad luck ends, since from what you mention you are not enjoying it completely, or maybe you should look at other alternatives, maybe your luck will change if you take a break and start enjoying it once again.
That's what he lacks of. He needs to take a break because if not, all of that money that he has won will be taken back by the casino where he play slots.
He's been lucky but it won't last for so long and that's why if he starts to think of how he can save the remaining profit he's made, it's better for him to have some plan with that.

Quote
How do you see slots game?
It is a fun game and very enjoyable and with the multipliers that it can give really excites us. But it's not always that we'll have the same results like you did.
Post
Topic
Board Gambling discussion
Re: How can you enjoy the game when you are losing?
by
terrific
on 21/07/2025, 22:02:54 UTC
It's actually a very difficult question how we can still have fun when we lose our money.

But in this case, I think that each person has a different feeling and that's why they handle the matter differently. Of course, losing money can never make a person laugh.
But I personally consider this matter as a source of entertainment, just like we buy a subscription to Netflix, or spend money to travel somewhere. Similarly, I console myself by thinking that maybe I am buying the craziness of playing games with money.
It's like the enrolment fee that we pay and even we lose, we're still learning something. If someone is doing a test and he's losing, that's also fun.
The truth there it isn't just all about the losses and lessons. But also, there could be some wagering requirements that they're trying to meet.
And so, that's still fun for them and it's like a side quest that they have to reach in able for them to have that reward while having fun despite getting losses.
Post
Topic
Board Speculation
Re: Youtuber said best time to sell bitcoin is when altcoins rally? Is this true?
by
terrific
on 21/07/2025, 21:03:54 UTC
He could be right because that's what he thinks about the market. Everyone is free to say what they think about how Bitcoin will do next.
Before an altcoin season, Bitcoin is the first one to pump and that's the reason why many altcoin holders are hopeful when they've seen Bitcoin rally.
But here is a reminder, whether right or wrong, don't believe quickly what you see from these content creators and don't make them involved in your decision making.
Post
Topic
Board Bitcoin Discussion
Re: your bitcoin is not yours.
by
terrific
on 20/07/2025, 23:39:03 UTC
i am aware we all have different strategies and goals for our investments but i am sure that a lot of us are planning to hold bitcoin for the long term and it got me thinking what ways could we do to prevent us from being tempted to sell our bitcoins and spend it on unnecessary things

one way is writing off your bitcoins as not yours. that money is not yours to spend. just forget about it. the more you look at it, the more you will just want to sell it especially when you see the value of bitcoin.

do you also do this and does it really work for you?
If that works for you then keep on writing that off so that it will serve as a reminder.
But to me, this might not work at all. If I am tempted to sell, I'll sell. But as long as there is something left which is for me, I'll do it.
What works for me so that I won't be able to sell is to put some of my Bitcoins in a hardware wallet, that makes me lazy to sell.
Post
Topic
Board Gambling discussion
Re: gambling in strict countries
by
terrific
on 20/07/2025, 22:47:10 UTC
The government in dealing with this problem is never ending. Some might get busted for continuous gambling despite the restriction.
But because of the urge that they cannot stop, they'll still find themselves a way to keep on doing it.
Yeah, OP is right that they'll still find some ways for them to gamble again and even if it's punishable by law, they don't care until they get arrested.
Post
Topic
Board Gambling discussion
Re: When can someone say they have won the casino?
by
terrific
on 20/07/2025, 21:08:11 UTC
So, I have read so many comments here and I agree with what most of us have said and some people that came up with the idea that "to every gambler, winning against the casino can be defined in their own way," That's true, but I read something today, it was something that totally relate to this topic which I didn't thought about.

To cute the story short, someone claimed that he won a casino bonus and when he gambled with the money, he was so luck to win a huge amount and that was how he withdraw his winning and never used the casino again. After I read that comment, I just said to my self that it was really a great victory against the casino, that's why I decided to share it here to also give us an idea that this can be another means to say that someone flawlessly won the house. No?
There are stories like that and they're real but you'll never know if the actual person who told you that is the person that who have won.
Or it's possible that they've just shared it and claimed it that it is theirs. Well, it's not a big problem though but if we have won so much and we've come to that point that we can quit and we're able to spend the rest of our lives without having the need to gamble.
You're totally the real winner there and you can proclaim that as much as you can because only very few reaches to that point of winning.
Post
Topic
Board Gambling discussion
Re: Favourite 10x games?
by
terrific
on 20/07/2025, 20:15:29 UTC
I agree with people saying dice and limbo.
You'll get to make your money either lose quickly or multiply quickly. And you just have to bet for a couple of cents and then increase the multiplier.
While not everyone gets to win with so much in that but, who knows that it might be you that's going to win that much when you do so.
Don't forget wolfbet if you want to try these games.
Post
Topic
Board Gambling discussion
Re: When can someone say they have won the casino?
by
terrific
on 19/07/2025, 23:34:03 UTC
The most important thing is to make sure that you manage your risks...I'm saying this because as long as you are a constant gambler the chances of being in profit at the long run is low, that's why you should always take advantage of the profits you make and cut down your stakes, these are systems that can maximize profits and minimize losses..if this isn't done the casino would always have the upper hand
The problem with many gamblers when they're on the winning side, they're not taking their profits and instead of minimizing the bets they do, they're betting more.
Because of having those moments that they're putting so much confidence on themselves, make them not quit and not take their profits.
All it takes is to become a disciplined gambler and you can claim all you want that you've won against the casino and made yourself a satisfying profits against them.
Post
Topic
Board Speculation
Re: New ATH for BTC: What's should Newbies Hodlers Do?
by
terrific
on 19/07/2025, 22:44:14 UTC
I think that you'd see people telling you to sell and then you'd think that after selling, the price goes higher. So, with that, you'll be confused to yourself on what you should do.
If you have some plans, get along and play with it because it will change the whole perspective that you have when you're still a newbie.
Other suggestions might be good for you but once you apply and follow it, you might just regret like if holders are selling now for profits.
You don't think that it's the right thing to do because it could potentially increase more. But once you're in their shoes, everything will change.