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1161  Economy / Gambling discussion / Re: Why we should play on minor gambling platform? on: April 19, 2023, 04:19:21 PM
Hi there guys,

Since I've seen what happened to Coinplay, my question was: Why we should play with minor gambling platform, and not use only gambling platform like Stake, CloudBet, fortunejack ecc. which ensure us good games, 100%

of safety in terms of withdrawal and provably fair (about games)? This question is also for the owners of gambling platform, maybe they can help to reply it.
If everyone plays on minor casinos, then who will play on the other ones? Any one that favoured you, you have to play there because we not there to place bet for fun but to win. When we come to fun we play it as a fun way but for now it is to win. So favourism is one of the tools to locate a casino to play. There are some things which the minor casinos do can't be found in those Casinos you mentioned above.
For the safety of a casino is one of the priority of the company but some casinos are careless on their security. If a casino want to know the details of a customer they have to ask the KYC at the beginning and not at the end when the person has won a big amount of money. That looks suspicious.

That's true, it's like a robin hood situation where you collect gamblers from mentioned trusted gambling platform to move from minor, it will just result the other platform to lose it's customers. But if its worth the hype and its game plus the security of your funds then it could be consider. There's a lot of minor gambling platform that are underrated but of course as users would stick to the most trusted one. It's important to have fun but losing your money from fraud and scam its much worse than losing it to gambling.
1162  Economy / Economics / Re: Look for what to invest, not what to eat on: April 19, 2023, 03:59:34 PM
From your post Op, I think you can easily say those words as you don't feel the need of money in order for you to eat. That's actually true there's a lot of opportunities here in the forum you can learn and earn but people doesn't afford to take their time as they already need money for their essential needs. You've already mentioned their needs of money due to poverty yet you encourage them to invest? Investment doesn't guarantee you success and profit there's always a risk that the money you'll be needing soon could also be liquidated in just seconds of time. It's a good suggestion but it doesn't apply to everyone's position in their life.
1163  Economy / Economics / Re: Bans on crypto now looks like a joke on: April 18, 2023, 11:33:27 PM
Which country between these two would you rather see welcoming crypto and fully embracing Bitcoin? China? The United States?

I read an article that says that upon the ban of Cryptocurrencies in China over 30 million Chinese are using Crypto in the country.

At this point in Bitcoin and crypto life, Ban is no more an issue it seems, what do you think about this? It's like saying a country ban VPNs where as you can bypass any country's FireWall.

Banning crypto is no more effective on crypto itself, it's now more like a pure joke, I would still like to see the U.S embrace crypto more than China, just my own answer to my question, what about you?

Oh, crypto ban? It's like trying to stop teenagers from using TikTok  Grin Grin Grin, I don't think banning it is an effective strategy. Several countries have recognized the potential of cryptocurrencies and have implemented regulations to ensure their proper use. From a global perspective, it would be great to see more countries embrace crypto and take advantage of its potential benefits to explore and embrace this innovative technology.

Yeah people would always find way to do their thing. Banning crypto definitely government thinks it for their own good, but people prefers  to control their own property and funds than the centralized system. If government doesn't embrace the crypto as their citizens much prefer it then they got no choice but to ban it.
1164  Bitcoin / Bitcoin Discussion / Re: Where do bitcoins on exchanges come from ? on: April 18, 2023, 10:54:05 PM
It's not your duty to think about whether Bitcoin is legit, clean, or not; it's the duty of the exchange, if there is even a need for that. When Bitcoin is deposited into a centralized system, I guess the system checks if the address has been flagged for scams before or not. If they pass those processes and it's successfully deposited into the exchange account and an order is being created, then those coins have been mixed with other coins.


I agree, maybe the OP's concern is that he might used a fake exchange that are quite impossible since there's a lot of known exchanges that are not scam. Exchanges are the one who checks every addresses if there's something fishy happening in your account, for them to ban,freeze and your ip address. Of course if their any transactions succeed then it means that circulating of coins already happened. Just like in the fist money, which circulates in the market as long users use it.
1165  Economy / Trading Discussion / Re: Experience on Bitcoin on: April 18, 2023, 04:37:25 PM
Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come.
   Let share our experience.
   As for me I still regret my actions years back, but I still believe that it's never too late.
Last year Bitcoin market peaked in 2021 which is the best in Bitcoin history. Later, when the Bitcoin market started to pick up, it went down again. But I think if you want to invest you should definitely invest by looking at the Bitcoin market. Because the changes we are currently seeing in the Bitcoin market, Bitcoin is poised to make a new history in the next year. So I believe that Bitcoin will bring a huge change in the market going into the new year compared to the previous year. So the current market price of Bitcoin will be the best to invest from this market and earn good money in future.

It just proof that Bitcoin's volatility doesn't guarantee any predictions. You could analyze what could be the outcome but you're not still sure that you'll be right. Investing in Bitcoin is a good move but if you call just based on prediction then it might result worse. But for sure as Bitcoin exist for a long period of time it will increases it's value. So it's a good choice to invest but always do your own research. It's still a risk anyway, I feel that this year would be the time for Bitcoin to rise. Ready your pockets this year!
1166  Bitcoin / Bitcoin Discussion / Re: No late comer in bitcoin Investment. on: April 18, 2023, 03:43:44 PM
It's also easier to understand because the market is so much different now than it was in the beginning, I understand the problem that new things always come out with different prejudices about it.
And the time to interact with them for people to realize what is the real value that they are bringing, not only for this market but I look at many other areas. With products that can be applied to people's lives, it is always necessary to adapt to them, and those who try to resist or give up on the journey associated with these things I think they will progress slowly than.

If you think of it, there's a lot of tutorial online that could help you already in learning Bitcoin investment. Unlike in the past years that it takes a lot of years for you to have basic knowledge on how to start an investment with Bitcoin. And those who put their time in learning Bitcoin probably results to a good beneficial for them as they already know how the market works. But for sure people could catch up nowadays even a slowly phase as long as you progress than nothing.
1167  Bitcoin / Bitcoin Discussion / Re: BTC vs physical gold price potential on: April 18, 2023, 02:18:09 PM
One of the biggest reason why everyone favours Gold over Bitcoin is due to its existence. I had read somewhere that Gold trading started in the 17th century, we are living in the 21st century. Just imagine the trust Gold has generated in the mind of human in so many years.

Whereas Bitcoin is a decade old commodity and is somewhat complex to understand, doesn't have a physical existence. I assume by the end of this century it would gain the same trust like Gold had gained among humans.  

Even now if you have gold you can be considered rich like bars of gold. The major difference between gold and Bitcoin is that you just simply buy or trade golds and invest in physical form. Which can be similar to the Bitcoin but the difference is the way you have to do those mentioned in the gold, like in trading you'll have to understand deeply about it since it's complicated like the market it's much volatile.

For sure they'll trust Bitcoin for many years, it's just too complicated for people to learn and study about Bitcoin. Even some people took years to understand Bitcoin and still keep learning everyday. If you ask a person to invest in gold they could actually do it on their own as they simply know how it works unlike in Bitcoin.
1168  Economy / Trading Discussion / Re: Do you still advised more buy and store? on: April 17, 2023, 04:12:41 PM
There has never been a time that bitcoin price was stable and it is not going to be stable in the nearest future.
So, the best i can advice is to buy and store. Lucky part of your proposed idea is that you have another source of income. You can take a little from your salary and buy some bitcoin and hold it for a longer time for maximum profit.
Though nomata the advice you seek or get here, your investment decision is all yours to make.

It would never be stable since it's volatile but you could do an analysis when to enter the market before it continuously pump or much better when it's dump. Buy and HODL also has cons especially if you'll need money, there's no guarantee you'll profit or you might get liquidated by just holding Bitcoin. This is only applicable if you have extra money and does afford to risk the money you'll invest in Bitcoin. Holding for a long time isn't risky as Bitcoin changes it's value from time to time. Of course it's still up to you to go for the risk, still it's a good choice to own Bitcoin and still keep eye on the market. And I agree to your last statement "your money your calls".
1169  Local / Pilipinas / Re: Negative Perception sa PH Crypto Start-up project on: April 17, 2023, 03:56:49 PM
ganitong ganito talaga ang common na mentality ng pinoy kaya usually napakadali nilang mabiktima sa mga get rich scheme, at ang nakakatakot pa ay napakadali nilang nag recommend sa kapwa pinoy ang masaklap pa ay kadalasan kapamilya lang nila unang nirerecommend kahit alam naman natin na walang puruhang kumita sa mga recommendation nila.

Madami akong kaibigan na ganito yung tipong mas gusto yung mga investment na may quick rich program like referral kumpara sa pagbili at hold ng Bitcoin. Takot na takot sila sa crypto investment kasi daw masyadong volatile pero bumibili ng mga account ng Fern D at iba pang bogus Ponzi dahil daw may product pero sobrang mahal at hindi worth it sa price ng mga items.

Naalala ko pa dati nung bago palang ako sa Bitcoin, Pinipilit ko sila sumabay sakin pero lagi nila akong dinidiscourage dahil mabagal at risky daw yung buy and sell at pilit akong sinasali sa mga scam ponzi company sa pinas.

Mainit ang mata ng karamihan sa ating mga kababayan sa Bitcoin pero sali2 ng sali sa mga ponzi at quick rich program. May nakakaalala pa ba dito sa KAPA investment. Biruin nyo sobrang dami ng naginvest dito nationwide pero mas takot sila sa Bitcoin kumpara sa ganitong obvious scam scheme.

Nakafixed na kasi mindset nila na once sinabi mong "crypto" is more on scam and 'di makatotohanan na investment. Kung iisipin mo yung time nung axie nung naging trending and sumikat siya, biglang nagsilitawan ang mga investor na naglalabas ng malaking pera tas feel na feel ang tawaging manager. Not knowing na volatile ang system ng crypto so aminin na natin sa sobrang daming nag hold ng slp naapektuhan nito value nito. Kaya most of the investor thinks na long term siya and investing a lot of money ay makakapagyaman sa kanila sa axie. Ayun boom ilang taon lang tumagal axie goodbye manager agad. Maraming nalugi pati 'di nag roi. To be honest, bumili din ako ng axie and nakabawi naman ako sa pinasok ko pero 'di ganon kalaki ang nakuha kong profit so I consider it na nagsayang lang ako nang pagod. 'Di lang quick rich gusto ng mga pinoy more on spoon feeding pa kaya nga andami naiiscam kasi nauuto sila ng mga magpapalago daw ng pera nila.
1170  Economy / Economics / Re: Maybe Not Possible For Governments To Get Off Fiat?? on: April 17, 2023, 03:46:33 PM
In the coming years, it is possible that a new form of fiat currency will emerge, but it is unlikely that it will completely replace existing fiat currencies.
This statement is contradictory in a sense because there won't be an emergence if you don't replace the existing one although I do agree with the part about it being unlikely. The government wouldn't easily replace fiat even if they want to, that would be a nightmare especially for countries like US, they are a reserve currency for many countries so they can't just replace their money easily, that's why they still use cotton in their currency and not polymer.

Then it can be considered as alternate currency if the current currency couldn't be replaced. But if that's the case and many people much recognized the alternate currency then it would have impact the country's economy. That's why until now only few countries acknowledged the existing alternate currency for example like Bitcoin. US is considered as universal trading money as a lot of country has a reserved dollars. But for sure they couldn't get off fiat as their economy is stable and as I said it might impact the fiat's value and ruin the economy. They actually recognized crypto and blockchain technology they're already opened to it since a lot of people much prefer the alt currency since it's more convenient.
1171  Bitcoin / Bitcoin Discussion / Re: It's NOT a good time to invest in BTC. on: April 17, 2023, 01:43:40 PM
Everyone to his/her opinion.

But why should someone wait for interest rate to go down before buying bitcoin ?
even if you are going to benefit by buying bitcoin for low interest rate.
My question is -
is the time worth waisting ?
will the interest rate fall to the perfect rate that suits you ?

Let's not be ignorant, and capitalize on every given opportunity. Buying bitcoin anytime makes more sense.

You already questioned OP's post which proofs that everyone has their own analysis on how could you enter the market in a good timing. If you do your own research and concluded the ideas of how will you manage yourself in the market, then for sure everyone would interpret the same information you've gather in different way. But for me, It's really depends on your call, you should not depend on others calls since its your money at stake. If you think it's worth the wait then wait, if you think its worth the buy then buy. There's no guarantee about Bitcoin with its volatile nature.
1172  Economy / Economics / Re: Essentials to starting A business on: April 16, 2023, 05:07:13 PM

A team: You may need to hire employees, contractors, or consultants to help you run your business. Make sure you have a plan for finding and retaining the best talent.


While talking about the teams so I think that if a person is doing an online business then there is no need of having an employ or helper but in the case of investment you have to gather information related to coin but it also don't have any need of employ so you can easily get the idea from YouTube and groups.
Yes, I agree with you, starting a business doesn't have to start with forming a team because that will incur costs that will be incurred, especially if we can do the business ourselves, unless it's a big business that requires a team to do it. But if our business becomes big and we can't do it alone then we have to form a team.
Maybe I'll add one more thing in starting a business, namely determination and intention. Because if our intentions and determination are only half and half (doubtful) it will make our business not go well. After we take a step then never pull our feet and come back.
One of the  most important factors which determine the success of a business or not at the early stages is the appropriate use of the limited capital you have at the moment, and hiring a team at such an early stage is a mistake, you need to make do with your abilities and learn whatever you do not know, only once the business has become incredibly successful and its size has increased several times then you can consider the use of a team to help you out on your daily activities.

Although the proper use of limited capital is very important for start-up businesses, I think it is also important here to realize that success depends on many other factors. Hiring a team at an early stage is not necessarily a mistake, but it must be done with careful consideration of the needs of the business and its ability to justify the hiring costs.




Even if you're rich but if you don't have any idea how to handle a specific task, then probably you will need an employee or a team. Because a single mind doesn't know what could be wrong and right without consideration of the others such as second opinion. And I agree that if you're gonna hire you'll be need a good observation because a worse person that may included in your team, could cost to your business to fall, you know what I mean. You can't just simply hire a person because he's nice, you'll need to have a standard qualification for a specific role in the business that could help it to run smoothly.
1173  Economy / Economics / Re: The Impact of Climate Change on the Financial World Where Will the Crypto World? on: April 16, 2023, 04:29:17 PM
As we face the harsh reality of struggling to fulfill even our basic needs, it's becoming increasingly difficult to ignore the growing impact of climate change. This raises a pressing question: what will be the consequences of climate change on the financial world, and what might be in store for the future of the crypto industry?

In light of these challenges, it's important to consider the potential implications and prepare for the potential changes that may be on the horizon.

Indeed, climate change is a significant global issue that poses a threat to our environment and economy. As temperatures rise and natural disasters become more frequent and severe, the financial world will likely face several challenges. It's clear that climate change will significantly impact the financial world and that the industry must adapt and prepare for the potential changes. However, by embracing sustainable practices and investing in innovative solutions, we can work towards a more resilient future for our environment and economy.


People wouldn't even take climate change as a serious issue in the world. In my country, you can feel the effect of climate change where the sun once hits you, you'll feel the heat that could hurt the skin. Not only in my country, I've also seen a lot of issues around the world that even iceberg are melting and bad effect to farm industry. How it will affect the financial of the country? Of course the government would take action and will drop money  as soon as possible to support any activities that will help to avoid the climate change. I've mentioned the farm industry where there's lack of resources where it could affect the market and causes inflation to the economy. These examples are just the few effects of climate change to environment and to economy. But we people that live in the earth, if everyone participate to any activities that could lessen the climate change, then for sure those examples could decrease.
1174  Economy / Gambling discussion / Re: do you lose on slots? on: April 16, 2023, 04:14:27 PM
Op did this maybe because of his observation during the times when he often played slot games in a casino so he said these things on the subject he did. But of course, we know that most gambling wins here are based on luck or house edge if we want to win. That's why it's good that we enjoy playing gambling here so that no one will regret it in the end if we lose. Also, I often lose in slot games so I'm used to it hehe...

It seems like the OP is speaking from personal experience playing slot games at a casino. I understand how they might feel that certain strategies could increase their chances of winning, but ultimately, luck and house edge plays a huge role in determining the outcomes of gambling.

Better to enjoy and live life with no regrets.

If you think there's like a pattern for you to win then follow it. I always trust my instinct especially if I found out that every same pattern I do I always win or close to win. But for me, it would be difficult to apply it in slots machine since it's literally based on probability. Which makes it more fun for some gamblers to take the risks and win by those percent of chances of winnings. Still its up to you if you'll stick to your strategies but don't forget to enjoy. If you're not having fun for sure you don't afford to lose the money you risked in slots machine.
1175  Economy / Economics / Re: Scarcity and scale of preference on: April 16, 2023, 03:38:32 PM
The endless research and discovery that we people do, the more resources we'll need. It's not only to satisfy our needs as a human but also experimenting for us to find the most convenient things that might saved us energy and help us such as cars, motors, machine and many more. But despite those improvements, the more we greed for improvements the more resources we eat. This will lead to scarcity, people find that we could circulate the resources as we return what we took. For example, for every tree we cut, the 10 tree plants we plant for the trade. Since it will take years for trees to grow as they help us to give oxygen that's why most country side have a nice fresh air and unpolluted.
1176  Economy / Economics / Re: Finance is a jigsaw puzzle. on: April 16, 2023, 12:02:06 PM
That night I suddenly realized that managing finances and assembling jigsaw puzzles are very much similiar.
You shouldn't think too much, it's not a similar as you think, because when you understand how to play jigsaw puzzles, you will easy to solve that puzzle like your daughter. It's the same as you managed finances, if you understand it, you can easy to manage and solved like you eat something. That's just the calculation of income and outcome, and the big problem people have is, there isn't income to solve the outcome.

This is true, once you familiarize yourself on how finance works it would be easy for you to di it step by step. Even every piece you would know where to put since you'd recognized they're places that can be similar to finance. Knowing every step and actions you'll take will just make you feel completing an jigsaw puzzle once you've finished it you'll see the prize. Not only the income that will hinder them to solve the puzzle, but also the fact they're emotion thinking that they will never solve the puzzle and scared to try it that you'll never finish the puzzle. Like taking a risk to finance since it's volatile, you can't guarantee a prize in the end, while in the process there's also challenges that you might face while in finance like mistakes. But for sure learning and gathering some experiences for sure you'll collect a lot of finished puzzles.
1177  Bitcoin / Bitcoin Discussion / Re: Twitter plans to offer buying and selling of bitcoin and other cryptocurrencies on: April 16, 2023, 09:15:42 AM
All the social media in the internet, Twitter is the one I don't like. It suspend account without any course, I am really tired of using Twitter. Twitter can not buy and sell bitcoin because the way they are suspending users account without offend is worrisome. But if they can fixed that and adopt bitcoin in their exchange rate then it will be okay for that.

Most likely you have been reported for fun by trolls in the internet. I've also experienced that scenario when I'm peacefully scrolling at Twitter then it just says "account suspended". It's good that they take action to such report online but they also need to assess which is true and fake to avoid the innocent to be included. But as the Elon Musk the new CEO of Twitter then it may be possible for it to happened, account suspension can be fixed once it happended. There's a lot of investor and trader that are using Twitter for any updates and projects online such as NFTs. So it would be good to have Bitcoin in Twitter however the only cons of this event is thst newbies might try it for fun and lose a lot of funds since it's not that easy to enter the market without knowledge not only by curiousity.
1178  Economy / Economics / Re: Does anyone notice the "investment cost" ? on: April 16, 2023, 06:14:48 AM
Does this sound logical to you ? What do you think of all the interval losses from the investment gains ? Please let me know.
A good trader doesn't buy back at the exact position where he has sold his assets to withdraw the profits, that is done only when the price drops below that point, and only if the trader has sold the assets earlier only to buy back when the price dumps, otherwise, they might not even buy again. If they wish to buy back, they will probably wait for the correct time to buy again so that they don't lose back the earned profits.

A novice trader or someone who is always hit by FOMO (fear of missing out) might make the mistake of selling for profit and then buying again at the same time when the price didn't even go down. That can be a costly mistake and might only work sometimes when the market actually goes higher than where they've sold earlier.

I actually agree, if you've profit enough with the current value of Bitcoin then you decided to buy again and got liquidated then it's not only a mistake but it could count as a greed. If you think you've profited enough you can afford the $10k money that's actually wrong. If you want to continue your success you'll decide smartly and you'll timing when you enter again the market. You also mentioned FOMO which is also part of your emotional stability, if you can't control your emotion plus trading then it will just lead you to worse calls that causes you to loss funds. Always double think before acting up to you decisions sometimes we'd decide based on our feelings, emotions and instict.
1179  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Gambling 13 years later.......... on: April 16, 2023, 05:50:03 AM
I like how every known project was started with sound like silly idea. Its like the time that people doesn't even know the power of social media back then such as Facebook, Twitter and Youtube. There's a lot of opportunity that it gives right now but back then they aren't used that much yet. Just like the Bitcoin, he's idea might sound silly but if you look forward right now its successfully adapted by people to use Bitcoin as transactions. It's much convenient to use Bitcoin as payments online and also less fee, if you think of it before with its value then totally people wouldn't buy it. His idea for sure gave an impact to the market of Bitcoin as many users use BTC for many transactions, he's actually genius for that.
1180  Economy / Economics / Re: Why do people stay poor? on: April 15, 2023, 05:31:55 PM
I hate people who can really say that "If I can do it then they can do it too" mentally not knowing the difference between their privilege. It's just simple that born rich people already have the resources for them it start having money sources like investment while for the poor they need to study first to get a well paying job or work for a long time just to get a promotion increases their income that are used for their needs. Plus rich already have connections to other people results to easily get a money sources. But for the poor they'll need to explore the work industry just to get a job. Education, health, essential needs, and experience. Those are the different between rich and poor, rich might got all those while the poor for sure need to sacrifice one from the mentioned examples. Still I believed that its still depends on people, if they changed their mindset to break the system of staying poor they'll might succeed and escape that system.
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