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Re: Is Bitcoin cloud mining legitimate or worth it today?
in Mining
Someone who has the equipment, low-cost electricity and the efficiency to mine Bitcoin profitably at the current level of around $90,000, would never rent you that capacity at a discounted rate.  They would likely want to maximize a sure thing like Bitcoin mining rather than pass on part of their profits to others.

As far as I know, there were a few legitimate cloud mining platforms in the past, but they all ceased to exist long ago.
#1
Re: Are You Satisfied with Your Government's Stance on Bitcoin?
in Economics
Bitcoin is completely legal in my country and one can trade, mine or whatever they want but the problem is the central bank itself doesn't want people to use crypto because they know it is not good for the banking system so they are trying everything in their power to discourage people from using and also infleuncing the government to diuscourage with high tax rates, heavy strict KYC regulations and also not allowing crypto platforms that eay to operate with legal complications.

Sounds like you are describing the situation in my country, or the EU.  Crypto is completely legal here, but the "invisible" wall they are building around it is becoming impossible to ignore.

In 2026, we have moved past the stage where they try to ban Bitcoin.  They realized that doesnt work.  Instead, they are just suffocating it with paperwork.  Its a classic "if you cant beat them, choke them" strategy.  As of 01 January 2026, all crypto platforms operating within the European Union will be required to report the name of each user as well as the amount of crypto that user has traded directly to the tax authorities.  There is no longer privacy in this regard.  There is no longer a need for the authorities to prove that someone owes tax; they can simply wait for the information to be submitted by the platform and then send a bill.
#2
Re: Lower your expectations
in Speculation
Yeah. Kind of like a self-fulfilling prophecy.  In the crypto world, this is a fancy way of saying that if enough people believe the price will go up, they stop selling.  Since there is no supply on the market, the price actually goes up, which makes more people believe the hype.  Its a loop.

However, dont build your financial future on the hope that a bunch of greedy strangers will keep a pinky promise.
#3
Re: I wouldn't fall for any trap this year.
in Gambling discussion
As many have already pointed out, there is no such thing as a guaranteed winner.  If it really were a "sure banger" he would be at the bank to get a loan, not at your house trying to convince you.  He is just trying to find people he can drag into "misery loves company".

Many times those who are addicted will attempt to drag other people into their actions to make themselves feel more "normal".  By getting other people involved it gives them an illusion of being "the same" as everyone else, thus removing their identity as a person with a problem and replacing it with an identity of "a regular guy".
I have seen this scenario repeated many times.  The best way to "combat" it is to do exactly what you did.  Put the responsibility back to them.  If it is that good, why are they needing your money?
#4
Re: The US President planning to eliminate all taxes on gambling winnings
in Gambling discussion
Honestly, this sounds like another bullshit story from Trump.  Governments don't walk away from free money, especially not from an industry as massive as gambling.
#5
Re: Business Ideas
in Economics
I am going to be honest with you.  This sounds like something that someone who has never actually had to make payroll would say. 

Most "short supply" gaps exist because the business is too expensive or too risky to run.  If it were easy, someone with more capital than you would have already filled it.  That "zero to hero" story is a fairy tale for people who dont want to work.  In the real world, the "hero" usually starts with a pile of debt, three years of no sleep, and a couple of failed attempts you will never hear about.

What businesses have you actually built, or what credentials do you even have to be giving out this kind of "zero to hero" advice, if you dont mind sharing?
#6
Re: Are there any employers that pay salary in BTC?
in Bitcoin Discussion
The idea that companies pay their employees in crypto salaries with an "all-or-nothing" approach is not really true.  Most companies actually pay their employees with a mix of cash and crypto salaries.  They give you money to pay for things, like your rent and then you also get a part of your salaries in crypto to help you build your stack.

If you are in the tech world or the blockchain world this is not even strange anymore.  It is much something that people expect to have.  Here is a list of the companies, according to some article, who are actually doing it:

The big exchanges, such, as Coinbase, Kraken and Blockchain.com make it pretty simple to switch between fiat and crypto for your paycheck.  This is because the technology is already a part of what they do.

The Wallet Providers like Exodus are really well known, for this.  Exodus actually pays their team, including the CEO in Bitcoin.  This is because Exodus wants to show that they believe in Bitcoin.

The DeFi Crowd: MakerDAO staff usually get their salary in DAI. DAI is a stablecoin. This is really good if you want to use crypto without all the worries. You know, like when the value of your crypto goes down a lot. For example you have money for rent. It suddenly drops in value by ten percent. That can be very scary.

The Japanese Giants: GMO Internet and Remixpoint have been pioneers in Japan, letting thousands of employees opt-in to Bitcoin pay.
#7
Re: The fluctuation in bitcoin price and its effects on traders and new user.
in Bitcoin Discussion
To be honest, you sound like a total tourist.  You are watching these price drops like they are a TV show because you havent actually bled in a multi-year bear market yet.

First, get your numbers straight: nobody has "trillions" in Bitcoin - the entire market cap barely hits that.  Second, those "big traders" you think are losing money?  Well, think again.  They are not some newbies panicking. They create these fluctuations specifically to shake out clueless retail buyers like you so they can buy your "liquidity" on the cheap.  You are not "learning" anything; you are just exit liquidity in training.
#8
Re: Don't regret to spend your Bitcoin it is your money.
in Nigeria (Naija)
~

Your friend is not being greedy; he is being smart, while you are being impetuous and shortsighted in your view of the situation.  Your friend views Bitcoin as an asset and not as a bank account, so there is a sizable psychological difference between selling Bitcoin at $105,000 or $92,000 to make an arbitrary deadline of "December."

It is clear that your friend does not need to buy a car now; however, once he buys a car, it begins losing value right away.  Historically, Bitcoin has done the opposite.  If your friend waits until it reaches a new ATH, then he might be able to buy the same car with a smaller percentage of his stack, and that is not greed; it is simply being smart with his investment.
#9
Re: Selling 0.1 btc for only 4500 dollars
in Currency exchange
He's more likely desperate to scam people, since that sounds very suspicious. If you really have the money, why don't you sell it through ATMs or online platforms?


This is not scam. My offer is legit

If your offer was really legit, you would at least address the suggestions that some of the members gave you.  But you dont do that.  I wonder why?
#10