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101  Economy / Gambling discussion / Re: Online gambling risks during coronavirus pandemic on: May 11, 2021, 11:14:25 AM
I also notice that I became a little bit addict to the gambling world this past few days, it is because I have a lot of free time in this pandemic and I am looking for things where I can spend my time to avoid boredom and then I discovered a gambling website that is popular for game cockfighting before I gamble so rare to the point that I only gamble when I am with my friends or when my friends have invited me to do so, but with this cockfighting, I deposited $200 which I really not doing before, I really entertained with this game but unfortunately, I lose all my capital and never tried it again. I just spend my time playing the online games instead of gambling.
102  Bitcoin / Bitcoin Discussion / Re: Is someone worried about the recent decline of BTC? on: May 11, 2021, 10:13:47 AM
It can definitely go down up to $25000, everything can still happen with the value of bitcoin but still we should not be worried about it, especially if we are holding for a long term, bitcoin is continuous on increasing year by year so if ever bitcoin would go down on the range of that value, it can still recover and reach another new ATH again. We should not be worried about this because that is pretty normal with bitcoin.
103  Bitcoin / Bitcoin Discussion / Re: Safest way of long term holding on: May 11, 2021, 09:12:36 AM
The safest way of holding for the long term is using a cold wallet or hardware wallet, when we are planning to hold huge money for the long term then we should secure it by using the safest crypto wallet and that is a hardware wallet, those people who are holding huge amount of BTC are sreuly using a hardware wallet as well because there is no possibility that it can be hacked because there is no need an internet to access it, just make sure that you will place your wallet to the safest place where it cannot be burnt out and get wet.
104  Bitcoin / Bitcoin Discussion / Re: Could we crowdfund a movie about Satoshi Nakamoto? on: May 09, 2021, 04:38:47 PM
I don't think that it would be a good idea, we don't know the story of Satoshi Nakamoto and if we are going to create a love of his life then for sure it will all just a lie, we will just be based on some other opinions and from not accurate sources. I don think that Satoshi Nakamoto will be happy once he watched a movie of his life in all lies. Maybe we need first to Identify who Satoshi Nakamoto is, who is the real Satoshi Nakamoto, and interview his life because he is the one who creates the successful bitcoin.
105  Bitcoin / Bitcoin Discussion / Re: Investing in bitcoins for future kids on: May 09, 2021, 04:02:05 PM
Just invest it if you're planning for an inheritance for your kids in the future and probably write the seed in a piece of paper not in digitalized form, because of the obvious threats in the internet that could potentially breach your security leading your coins to someone else's wallet.
For me, I am still planning to do it though but I am not sure where to start just yet.
Only beginners will store their seeds on the internet, a good experience bitcoiner will never store their seed on the internet because that is very dangerous as the hackers use only the internet for hacking and stealing your funds online. Investing for your future kids should always be in our mind if we want to be a good parent someday, they will need it and your family to secure your life in the future. Cryptocurrency will grow too much in the future so this is the best time to invest.
106  Bitcoin / Bitcoin Discussion / Re: Lucky Bitcoiner on: May 09, 2021, 03:07:36 PM
That is really a nice mansion, mostly a finance manager knows very well about money so they are really expose in cryptocurrency, I am just curious on how she got lucky with bitcoin, still, she should not expose her house like that and tell the reason, she might get a target for the criminals, rich people should always be a private person as criminals are always there and will plan to do things to do some bad things.
107  Bitcoin / Bitcoin Discussion / Re: Where do you store your seed? on: May 09, 2021, 12:09:31 PM
I also have my seeds written on paper and laminated it.  Buried it underground enclosed in a waterproof capsule.  Lamination for added protection, and buried underground to be fireproof.  I also create several backups of my seeds on flash disks.  Having both digital and tangible backups also help in case an unexpected thing happens.
Wow, this is the first time I have encountered a person who really secured his seed, this would be the best way to protect our seed, buried it underground enclosed in a waterproof capsule is really secured, it won't get burnt and it won't get broken. Maybe soon if I am already holding a huge amount of money I will do the same thing as what have you done, back up is really important as well if there is unexpected things happened.
108  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin better than Fiat? on: May 09, 2021, 10:47:02 AM
There is really much divergency about this question. I'm one of the Bitcoin supporters in this. Because it is the money of the future. But I also think that it won't be used as a main currency by governments because of its volatility. But Bitcoin is really helping for digital currencies to be developed by goverments to be prepared for the future.
Yeah, that's true, I don't think that cryptocurrency can be used as the standard currency in the future because the government won't never accepts it in different countries as they cant control it. I am really a fan of bitcoin because it already proves a lot of thing to many people, it really gives me as well a good income, even in my young age, I am already helping my family in terms of financial but fiat currency is still the one and fiat currency is what most of the people are looking for, but maybe it will change in the future as the technology keeps being advanced.
109  Bitcoin / Bitcoin Discussion / Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It? on: May 09, 2021, 10:02:40 AM
I don't think your Bitcoin wallet can be hacked as long as you don't show any of your private information related to the wallet. It should be really one of the hardest things for the hackers when it comes to crypto wallets. Decentralized systems are more secure than centralized ones.
That is not the only reason why our wallet got hacked, yeah, obviously if you show off your wallet information publicly then it will et hack, so never share it to anyone and even to your friends. Our crypto wallet can be hacked as well whenever we have downloaded a fake application on our device or we had clicked a malicious link in our device, the virus that we can have for both things can be the reason for us to get hacked because those virus are created by the hackers.
110  Economy / Trading Discussion / Re: beginner trader: Are trading signals and bots worth it? on: May 09, 2021, 09:15:02 AM
If they are both free and you think that it will help you a lot then go for it, if you are a small trader or if you only trade once in a blue moon or if you are trading with low capital then those things are not needed for you.
It is better if we are going to learn the trading signals and not to rely on other people because no one will give us the trading signal for free, unless you will give them huge amount of money.
111  Economy / Trading Discussion / Re: holding is not an easy thing on: May 09, 2021, 08:19:13 AM
That is true, holding is really a hard thing, this requires you a good discipline and good management because there are times that people will really need money in unexpected time to the point that they need to pull out their investment to use the money, there are also some who just pull out their investment when they just heard bad news about the currency they are holding, that is not a good thing and that is not a good investor is doing. You have to sacrifice, just think that you dont have money or you don't have investment so that you cannot use it for other things, well this thing is not good if you badly needed a money, but still you are the one who will decide what to do.
112  Economy / Trading Discussion / Re: You could die from trading. on: May 09, 2021, 07:50:11 AM
Trading is a really risky way of earning money, a lot of people already lose their money from trading but still, there are some who earned huge profits from it. Trading requires experience and good knowledge, without it you will lose your capital, there are some who spend most of their time sitting facing their computer to the point that they have skipped their meals and even their sleep. We should never be a trader like that, health would still be the most important thing that we need to take care, what is money if you will go unhealthy, just manage your time while trading.
113  Bitcoin / Bitcoin Discussion / Re: How future applications would be !? on: May 09, 2021, 06:43:07 AM
No one knows and The future is unpredictable and technology in the future would be so advanced to the point that no one can predict what would be the next innovation in the future, one thing that they make sure when creating a blockchain application is that they should make it a user-friendly, a system with a user-friendly feature is what many people are looking for, the Interface should also be good, that is the second things they need to consider as well.
114  Bitcoin / Bitcoin Discussion / Re: Songs about Bitcoin & the world of digital currencies that you have never heard on: May 09, 2021, 06:18:37 AM
This is the first time that I heard about these songs related to cryptocurrency, it seems like in any factors of our lives bitcoin or cryptocurrency is there, I just got cringe about the lyrics lol, Songs are for everyone and everything can be an inspiration for a song, but for this thing, I don't think that it has a good story lol, or maybe the one who created the song is not that good for me.
115  Bitcoin / Bitcoin Discussion / Re: Safe with bitcoin? on: May 08, 2021, 05:05:59 PM
Online payment is the answer to avoid the spread of the virus and bitcoin is so good for international transactions due to fast of the transaction between parts, becurse there are few businesses accept bitcoin in some country none of it at all, So they need to base on other online payment methods like Paypal,advcash skill, etc although some are not fast enough but are the only way for the current situation.
The pandemic beings a lot of changes to the life of many people, we are very careful to this virus and the best thing to avoid it is just by staying at home so what if we need to go outside to pay bills or to complete your transactions, cryptocurrency would be the answer for that problem, as we can use cryptocurrency for online payment with faster transaction compared to the traditional ones, we just only need to consider some different things like the company has the feature of crypto payment.
116  Economy / Economics / Re: Bitcoin vs Agriculture on: May 08, 2021, 03:23:18 PM
It seems like your title is far different from what you want to say, maybe you should change your title into Bitcoin in the agriculture industry, it is hard to think how can we connect both things as we know that both things are far different, Agriculture is done through physical things while bitcoin is in technology but just like other companies you can connect bitcoin to your farm or agriculture if you make bitcoin as your means of payment but that is not easy, your customer should also know about crypto first.
117  Economy / Trading Discussion / Re: I am doomed on trading on: May 08, 2021, 02:33:31 PM
If this story is true then it is really hard to lose money as a parent and besides you have mentioned that you don't have work to turn back the money that has lost, maybe this would just be a good lesson for you, do not invest and try to trade if you can afford to lose your money, that is the number one rule that we have mind before doing trading, you know the risk for it and still you take it and that would be the consequence.
118  Economy / Economics / Re: Crypto vs Stocks on: May 08, 2021, 01:12:50 PM
I always prefer investing in crypto over stocks as crypto is much volatile than it, the higher the volatility of an asset then the higher the risk, the higher the risk then the higher the profit you may have. You are taking risks for investing in both assets so why bother investing in cryptocurrency if it can give you much profit in the future. Crypto is controlled by people and that is what I really want, unlike stocks which are controlled by an institution or even the government.
119  Economy / Economics / Re: The Modern Mode of Payments on: May 08, 2021, 12:46:44 PM
Even though we still have this kind of pandemic, the transaction for fiat currency cannot be avoided, a lot of people prefer this kind of transaction because they don't have the knowledge yet in cryptocurrency on which this thing is prone to spreading the virus nowadays, this is a good time for cryptocurrency for online transaction or mode of payments, Actually, e-payment like Paypal, cash, etc are also a good mode of payment, but for those who know cryptocurrency, they will still choose it over gcash as they can use it for a good investment.
120  Economy / Economics / Re: The change in buying and selling in society is the effect of the internet on: May 08, 2021, 12:29:23 PM
It depends on the person and depends on how are you going to use the internet, for me the internet and technology make things easy for us, it is a good benefit for us, I don't think why some people think a negative thing about it though we can clearly see how it beneficial for us. It is not because we are just sitting at our home and just clicking and clicking on the keyboard or clicking our phone, it doesn't mean that we are lazy, it just makes our life easier, it is also not an easy thing because you will spend a lot of time for it.
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