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1041  Bitcoin / Bitcoin Discussion / Re: 41% of people globally say they trust Bitcoin over local currencies on: November 30, 2021, 08:04:04 AM
I'm finding it difficult believing that 41% of the people globally have enough information on Bitcoin to trust it over their local currency, Bitcoin is still in it's early stage and many people actually have negative view of it in my country because they are not able to adequately secure their wallet/account and have fallen victim to scammers.
It is however popular among young people who are educated and trying to use it to make a living. Government agencies are also promoting falsehood on it to make people avoid using it.
Exactly, right? 41% of people globally are already knowledgeable about bitcoin or atleast they know that bitcoin exist is a bit a misleading fact. Because in my opinion, I think 10% is bit higher across the globe already. We're among the few lucky people that has been able to get to know bitcoin at this point that's we know that this survey isn't true at all. But I think it's also our job to correct the misinformation they hold against bitcoin or introduce them to bitcoin.
But I believe most of the people that atleast already know about bitcoin or cryptocurrencies are already in-favor of bitcoin over their local currencies because of the inflation and the decreasing value of their local fiats.
1042  Economy / Economics / Re: No where is actually safe on: November 30, 2021, 06:38:16 AM
In business, nothing can be considered as safe. Because ups and downs are the common features of the business and also whenever you are making profit from a competition it means someone is doing loss and you are getting it as profit. This is called the competition of the business policy and I think every business is done by following this. I am a crypto trader and also I have some physical business. So this is my thought about your statement.
Ofcourse, there's no kind of business here on earth that is actually safe and assured to make profit like a 100% guaranteed. It's very common for business to have certain risks and failures to overcome that's why proper planning of when and how to execute is the best way to atleast make more profits than losing.
Crypto industry is here to help people understand the market and economy better, it depends usually how you see it, I mean, just take some research and study it first to acquire some knowledge before putting some funds to it. Because if you don't, you'll end up losing it, it's like going to war with blindfolds.
1043  Economy / Gambling discussion / Re: [BOXING] Logan Paul vs Mike Tyson on: November 29, 2021, 04:15:18 PM
Due to that, the advantage has been seen by people like Logan because there are a lot of fans that are also following these type of matches because it's fun.

Logan Paul also has a lot of fans but on his youtube channel only, currently at over 23 million, so that would already given us a picture that the fight could sell since he has millions of follows that maybe a certain percentage will at least buy the PPV or watch the fight live.

On the other hand, Mike Tyson is always a legend, everyone knows him, so this fight is like a blockbuster fight/

logan subs live count = https://socialblade.com/youtube/channel/UCG8rbF3g2AMX70yOd8vqIZg/realtime
That's why Logan Paul and Mike Tyson is very suitable for exhibition fights because they're both famous in their own field. Logan have many supporter and fans mainly on online platforms while Mike is known and famous for being the boxing legend of his time until today and have amassed many boxing fans in-favor to him. That's why boxing promoters see this fight as a real money making like Floyd vs Logan.
1044  Bitcoin / Bitcoin Discussion / Re: WHEN DO YOU BUY BITCOIN? on: November 29, 2021, 02:51:52 PM
We'll personally, I think the best time to buy bitcoin is always now, I mean you can buy partially like $100 first, and if you buy now who knows, right? Maybe it will give you profits rather than blaming yourself why didn't you bought it in the first place. But if it dips after you bought it, instead of blaming then use it a chance to buy more because that's your chance and sign you've been waiting rather than buying it much expensive value. Choice is yours!
But it depends how you like to invest, doesn't matter when it is. But do always remember to invest only what you can afford to lose, this is also a sort of gambling with risks because of its volatility.
1045  Economy / Economics / Re: Debate: Bitcoin vs Gold with Anthony Scaramucci and Peter Schiff on: November 29, 2021, 12:55:31 PM
Gold and bitcoins are very different as compared to each other and at the end of the day, it's not ideal to compare them both with each other. I do think that people are right now just too desperate to try and compare things to bitcoins and other cryptocurrencies since this would not only attract more attention but at the same time this would get them in the news 📰.
Both are important and at the same time both of them are used all around the world, it's more like comparing black and white. Why do we even give thought to people like that? For some people it's better to be involved with cryptocurrencies like bitcoins and for some people things like gold works out, that does not necessarily exclude the possibility of the other being an absolute failure.
Exactly, here in crypto space we both know already that gold and bitcoin is different and it's not comparable either one way or another because bitcoin is bitcoin while gold is always gold. That's why people really need to be literate enough to know which is which and to be knowledgeable enough to know about it.
Identically, people tend to compare it because of it's similarities, someone says that bitcoin is the new or modern gold or it's the digital gold. Others are also using gold as an example to teach them about cryptocurrency because they find it much easier to explain. But at the end of the day, bitcoin and gold is not correlated.
1046  Alternate cryptocurrencies / Altcoin Discussion / Re: Which cryptocurrencies have the lowest transaction fees? on: November 29, 2021, 10:51:01 AM
Transaction fees are different in every cryptocurrencies and it will or may vary depending on volumes you move, or liquidities on the exchange, while some fees may take much more higher because of the demand.
But anyways, here are some quite famous or popular crypto that is arguably known to have low transaction fees namely:

• Stellar (XLM)
• Ripple (XRP)
• Ethereum Classic (ETC)
• Monero (XMR)
• Nano (NANO)
• Cardano (ADA)
• Litecoin (LTC)

Source: https://www.fool.com/amp/investing/2021/06/12/7-cryptocurrencies-lower-transaction-fees-dogecoin/
1047  Economy / Speculation / Re: Bitcoin in 2022? on: November 29, 2021, 08:42:50 AM
Well as of today, the price of bitcoin is currently playing at 57,732 USD, with only 1month left before this year ends. So maybe when the year 2022 starts it would be at $75k more or less given that bitcoin is so volatile in very unexpected way. There's lots of lots of predictions next year, it could be $100k or less.
Doesn't matter to me, because I'm up for long term commitment, we'll see how the market move in 2nd or 3rd quarter next year, but I still hope the best for bitcoin to generally pump as it continue to be famous across the globe. The bitcoin's future is so bright.
1048  Bitcoin / Bitcoin Discussion / Re: 41% of people globally say they trust Bitcoin over local currencies on: November 29, 2021, 06:33:45 AM
Premise (a crowdsourced insights company) reported in a press release that 41% of respondents consider Bitcoin to be more reliable than their own local currencies.  Shocked

Those numbers actually seem pretty high to me. Many people don't even know enough about Bitcoin and cryptocurrencies in general, much less about their security or reliability. We still have a long way to go before people are comfortable with the concept of decentralized currencies, something they have never experienced before.


Unfortunately, lots of people nowadays do not research about the nature and history of BTC before they invest. Like they blindly invest into something due to the hype on how it is portrayed on the media. Then when the price of it decreases (due to volatility), they will be the ones who will spread the news on how investing into BTC is a 'scam' as they will now proceed to spread false information as to such.

41% is indeed high for people to favor cryptocurrencies against their local currency. Given the fact that the value of the former is inflationary due to its limited supply, it has its fair share of negative consequences if it were to be considered as the 'main currency' of every country.
Not just that, given that they're lacking in knowledge how does this market works and they even didn't bother to have some of their own research. Sad to say but they're just trying to do or mimic someone whom they know that have been more comfortable in life because of bitcoin, and that's why they're also investing in bitcoin without knowing the pros and cons. And that is where they draw a line and spread false informations to others that might become an investor in this industry.
But as I've seen the digits about people who are in more favor in bitcoin than their own local currencies is astounding, I know we have a long way to go but this is great.
1049  Economy / Services / Re: [OPEN] Roobet.com Signature Campaign | The Honest Online Casino | Full Members+ on: November 29, 2021, 04:59:57 AM
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1050  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: November 28, 2021, 06:28:34 PM
I'm not actually watching MPBL but because of Marc, I might be following a few games not only from him though. It's really good to see someone out from retirement goes back.

MPBL is more entertaining to watch compared to PBA. Cheesy
~
Can I ask where can I watch MPBL games?
I'm not following them back since but since you said that the physicality there is more entertaining than PBA who had these very soft calls and very inappropriate calls which makes the league more boring to watch.

I don't know but I just love to watch basketball games that has a bit of physicality since it is how PBA started. There is physicality involved like how the NBA is back in the Jordan Era around 80-90's (correct me).

There's a Facebook page I followed and they regularly stream live MPBL games. I forgot the name but that should be on my bookmark page. More physical games attract more viewers' that's why MPBL user-based are growing. It's far from what happening in PBA where the league is now soft. No more physicality at the paint because expect a foul will be called.

I have pointed on my recent post here that don't get me wrong. I'm still on PBA but watching MPBL, it's like the old days of PBA. I'm expecting I won't receive a response to that PBA is popular, PBA has famous players because that's not the point there. Cheesy

That's not it mate, if I read the name of the league, I'll remember it but that's not the PBL.

PBL, MBA is the only league I remember in the past.

Enough of the MPBL as this thread is PBA. Cheesy
Yep, this thread is created only for the sole purpose of discussing PBA games that is played by the professional basketball player of the Philippines, and definitely not a thread for the MPBL that is consisting semi-professional players that was found 4 years ago. So, please quit yapping about it ladies and gentlemen, just saying  Cheesy
Doesn't matter which of both party is good, as long as they serve the same purpose and that is to entertain viewers and display their skills in basketball industry. Both old school and modern players are good in their own different set of skills.
1051  Economy / Speculation / Re: Can BTC rise to 1 million US dollars? on: November 28, 2021, 04:32:20 PM
BTC has entered the second 4-year halving cycle and will rise to 1 million U.S. dollarsin the next 15 years. What do you think? Friends are welcome to discuss together. Smiley
In the next 15 years, for the price of Bitcoin I'm sure it can penetrate as you say, 1 million dollars, it is possible for Bitcoin to achieve it all, we are back in 2009 and 2021, one reason that can be sure is most likely to be achieved.
15 years is a really a long time to forecast what's the probable price, but ofcourse bitcoin will and always stand at the pinnacle amongst other cryptocurrencies and it will surely survive unwithered even at the time of our grandchildren's sons and daughters. But 1 Million USD prediction in 15yrs from now? I think it's  too long and far to predict that as of this moment, but yes, who knows right? Bitcoin is always unexpected due to its market's volatility and maybe it's possible to reach that price, we'll see it soon.
1052  Alternate cryptocurrencies / Altcoin Discussion / Re: Investors prefer coin memes, new trends or seasonal henya? on: November 28, 2021, 03:34:59 PM
I see, that's why the name doesn't ring a bell when Santa Coin was mentioned by the OP. So, I did some research it was introduced just this month and the holder will be rewaded in BUSD (another stable coin that is backed by US Dollar).
Well, for the users that likes a risky investment or I would say a bit daredevil, here's the chance because as the name pronounce, maybe there's some lucky happenings next month.
And as of me, I'm keeping my distance on it, considering it's a memecoin Grin
1053  Bitcoin / Bitcoin Discussion / Re: What if governments make Bitcoin centralized? on: November 28, 2021, 07:53:22 AM
Well, though there are too many countries trying to do that it has been always contradicting to the bitcoin nature, the decentralized nature of bitcoin will hardly become a centralized one. Government has its own centralized currency and I don't think this is necessary that they will have to pursue centralized bitcoin which is heavily regulated by them. However, in fact, bitcoin can be regulated by the government but not directly on it, they can do that on their citizen.
Even if a government do owns a cryptocurrency and they regulates the whole structure and frameworks, it wouldn't mean that they can amass supporters who will invest on it. Personally, people nowadays are into cryptocurrency because of the reason of liberty and a secure space that no one is a boss, and because it is a decentralized platform. If government will continue this one, who would actually support them if the reasons and facts are against it.
1054  Economy / Economics / Re: Possible market crash in the near future? on: November 28, 2021, 07:07:59 AM
It is inevitable and it will come to the market no matter how high it would go, the market cannot just avoid a crash.
And if there's a crash, the better thinking is that the recovery is going to be bigger after that. It's all about how it would go next after the dump and people forget about it.
It depends on what is meant by the crash, because over all these years we have already seen all sorts and the most unexpected scenarios Wink It's time for everyone who works in such a risky market as the cryptocurrency to get used to the idea that there is nothing permanent in this market and ups are replaced by downs. This is greatly facilitated by the very nature of cryptocurrencies, which in its classic original version does not imply such a thing as the security of an asset with anything. Therefore, on this issue, I would like to say the following: although it is always necessary to keep in mind unfavorable scenarios, but in my humble opinion there are no strong objective reasons for the crash in the coming months.
True, nothing is permanent and that's why when somebody says crash, it's usually the quick dump in the market. There's the other description on it being used commonly like dip or correction.

And when we experience a crash, we're also looking forward to the next thing about it because that's when we're thinking that it's going to be a bigger pump ahead.
I really don't expect some crashes especially for bitcoin and for some altcoins, maybe it's inevitable but it's just a temporary phemomenon and market will eventually recover for much bigger and promising value. I guess the correct term just what @livingfree have said, it's just a correction or temporary dip or even bear market.

It's up to the holder how he/she it, it can be always used as an advantage not a disadvantage. Don't forget that we are here to be knowledgeable about the economics and to gain to live more comfortably.
1055  Economy / Gambling discussion / Re: [Boxing]: Ancajas vs Ioka Dec 31 on: November 28, 2021, 05:45:54 AM
Ancajas has been defending his title for such a long time so I don't think he would just give it up that easy. I've seen how he defended his title during his previous fights and he was too aggressive which impressed lots of viewers. I'm sure that it will be a challenging match for Loka because Ancajas is well prepared for this.
Ancajas is still on his prime, we can really see it by his moves that aren't rusty and he's well favored in this match because of his experience than the Japanese fighter. Though, Ancajas is much younger than his opponent, we can't deny that even at his age, he already proved himself in his divison and this industry.
Ioka is a tough fighter too and have a high KO rate but sadly this isn't his fight, as also with the height, reach and experience advantage. So my bet is with the Pretty Boy Ancajas.
1056  Bitcoin / Bitcoin Discussion / Re: Pay with Bitcoin on: November 27, 2021, 06:07:34 PM
I am interested in your story, but can I know where is your company located? When you want to accept payment with Bitcoin, you must know first whether it is legal or not there. Not in all countries, Bitcoin is legal for payment purposes, for example in my country. In my country, we only can use Bitcoin for investment, not for payment purposes. For payment purposes, only Rupiah (our national currency), is legal. So, here, to consider accepting crypto payments is not a good idea for now.
I think the OP knows that already, it's not that he/she did it on a whim. And because he/she is already working with some tech programmer to aid its company about giving options to the client or customer if he/she will pay via fiat or bitcoin.
So, I guess the OP have some business that is already famous and already attracts many customer for that reason.

Good job OP! You are already one step ahead than the other businesses who failed to adopt cryptocurrency.
1057  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoins as collectables in the future on: November 27, 2021, 08:22:46 AM
This is a good idea, too many projects make the competition very tight and many coins die, I hope one day there will be a big market that can accept shitcoins so that we are never afraid to invest coins because there is a special market.
What you're trying to think and say is highly impossible that something like that would've happen in the future like a decade from now. You're comparing shitcoins to a fiat that is collectible or like a commemorative coin when new coins are being produced. There's no collector who would give interest into dumped shitcoins that is forgotten by time, and you can't possibly make it as a collector's item or somehow make value to it because it's a cryptocurrency meaning digital (can't be touch).
1058  Economy / Economics / Re: What do you think does this Cities have that we dont? on: November 27, 2021, 06:14:19 AM
I think the most obvious reason is that the high ranking officials of those respective countries aren't too corrupt and greedy about the connections they have despite of their positions in the government, they prefer to adopt new technologies and inventions as time goes by and have the right funds for the right projects. Especially when cryprocurrencies are so famous and so fancy to own nowadays, they had the right mindset that's why their economy keeps on growing.
And that's how they stay in the top 10 list of most innovated countries across the globe.
1059  Bitcoin / Bitcoin Discussion / Satoshi Nakamoto's Wealth on: November 26, 2021, 06:04:28 PM
The real identity of Satoshi Nakamoto, the creator of Bitcoin, continues to remain a mystery. However, what is known is how many bitcoins were mined by the person/persons and how much those coins will be worth now considering the meteoric rise in prices of the legacy coin.

At the time, Bitcoin did not hold much value. But now, each Bitcoin is priced at over $56,000. This makes Bitcoins owned by Satoshi worth over $56 billion.

Satoshi Nakamoto had become the 15th wealthiest person in the world with an estimated net worth of around $73 billion, considering crypto holdings in the region of 750,000 to 1.1 million BTC, according to a November 15 article by the Independent. Bitcoin prices had shot up to nearly $70k.

Quote
According to a report by Whale Alert, the world’s most prominent blockchain tracking and analytics provider, Satoshi had mined 1,125,150 tokens up to block 54,316 in the chain, making the person/persons the most productive miner in the world.

However, while it remains to be seen who the real Satoshi is, the crypto pioneer’s BTC holdings have risen multifold since they were last touched. And there's no evidence suggesting that Satoshi has moved these Bitcoin holdings.

Source: https://www.cnbctv18.com/cryptocurrency/satoshi-nakamotos-bitcoin-holding-heres-how-much-it-is-worth-now-11608832.htm

Do you guys think that this will remain a mystery? Or maybe we'll see this holdings moving soon?
1060  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Musk the boss behind SHIB? on: November 26, 2021, 05:41:44 PM
I know that Elon Mush doesn't invest in shiba inu, so he is not a promoter of this coin. It pumped only because dogecoin pumped and shiba inu claimed that it was going to overtake DOGE. I don't think that Shiba inu is a good investment for future as not have a real utility, it is supported only by hype that can't last for long periods of time so it will end one day.
Shiba Inu is just an another memecoin that is just getting hyped and famous these days because of EM like the Floki Inu now.
Regardless, Shiba Inu's value is still growing rapidly and in-fact its going to the moon despite Elon's tweet that he doesn't have any coin or investment in SHIB. So, perhaps it will literally overtake its competitor, another memecoin namely DOGE.
Ryoshi is planning something to make the transaction cost to near zero in the next blockchain, so maybe this will give SHIB a big break.
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