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1181  Economy / Economics / Re: The pandemic outcome on: August 28, 2020, 05:22:59 PM
Due to pandemic, the spread of poverty is frightening to anyone and one of the most important things during this New Normal is your instant presence to take over the poorest of the poor. Aside from helping anyone, we need to conquer the economy of the country which is based on our knowledge to lift the suffering country again to improve the outcome from ruin. I think it is too much difficult suchlike forces against forces despite we need to re-enforce our nation.
This is the worst and saddest occasion this world ever has in our generation and even the one before us.

But we must not let this drop our Jaw everytime because remember that
this is our world and if there are who needs to protect this?that is us so Just struggle and make things possible
for us and for the world.
This is only Virus but we are Humans.
I'm thinking that this COVID-19 pandemic is just a mild situation because it's possible that a pandemic that is worst than COVID-19 will come to us soon and destroy humanity. That's why we need to develop and advanced our technology so we can easily comply on every pandemic we are facing.

The current virus spreading around the world doesn't have existing vaccine and will take a lot of time before they create one with complete trials. What more if a virus appeared from nowhere that is more dangerous than the existing virus? How can we approach that? Probably, many people will die on that.

So let's always move forward and keep fighting for humanity, improve our economy and develop the country, there are bigger threats coming here in our world and let's brace ourselves.
1182  Economy / Gambling / Re: Casinos Withdrawal Fees Rise | August 2020 🔥 on: August 28, 2020, 04:50:31 PM
It's an opportunity for those businesses to earn profit by making their withdrawal fee too high.

That's the reason why we should choose a platform that offers low fees in every transactions, for sure there are plenty of them here.
Withdrawal fees has been a problem already from the past up until now especially if we will be talking about bitcoin. This is not new and I consider it as normal but for those casinos that are using this disadvantage to gain more profit in transaction fees then we should avoid them at all cost.

If we can save a penny then it will be best because it will grow especially if we keep using that certain platform for long period of time.

Agree, we shouldn't tolerate those platforms who are taking this situation as an advantage for them to grow profit.

Even in other local wallets and exchanges, high transaction fees are the main problem until now and no one can't do anything about it.
1183  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: August 28, 2020, 04:24:58 PM
I saw these scenes in hollywood movies but never thought that these are practice in reality in the prisons. The purpose of moving criminal to prison is not only that he do not commit crimes but also his character is build up and he come out as a better person. If criminals keep play gambling, do fighting and take drugs in jail, then the purpose is not fulfilled.
In some country it's typical that when a drug Lord or rich people arrested and in behind bars some are still treated as if they didn't commit crimes and do glings and make the people their slaves. Some officials were allowing it since maybe they get also something from them. If only their will be a stricted rules and officials will be too faithful in their obligations these things will not happen. It's mind blowing that there are government officials that are still doing it.
As long as you have a lot of money, you can easily do that so basically your system of crime is still functioning because you can still communicate with your people. Those important or rich people have a special prison in which they can still feel home and play gambling whenever they want. Even during quarantine or lockdown, some higher officials are playing gambling without proper distancing, that's how power works.

That's how unfair the justice system, the money is basically the root of all evil because it can easily control people especially those who have positioned in the government. Prisons are useless if the mindset or mentality of a person in jail never changed because he can still commit those activities he doing outside.
1184  Economy / Gambling discussion / Re: VR online casino games take gambling to the new level 🚀 on: August 28, 2020, 03:59:25 PM
but we can do slots and dices without VR. We can still do poker, blackjack and roulette without it.

It's more atmosphericб don't you think so? You 're on gambling table with another players, can move your head, hands and so on  Smiley

I also thought of that but I also think of those people that are seriously into gambling and not entirely focussed on how how they gamble. This will be more entertaining to gamblers having fun since they will really try anything new but on the other hand, those gamblers that are going back because they just wanted to gamble might take the traditional way of gambling in a casino.
Actually, the more they're having fun, the risk of being addicted to gambling is also increasing because of the enjoyment. Since VR is an amazing experience for an individual, it will literally make a gambler play all day long because of that innovation. The only problem is, VR experience is kinda expensive and few people only can afford it. I bet that the mindset of a gambler is to spend that money on gambling rather than buying or renting a VR.

VR is a cool thing and can change those standards but for me, it's more suitable in online games than gambling.
1185  Economy / Gambling discussion / Re: Greatest Gambling Losers on: August 28, 2020, 03:40:49 PM
There is a lot of money to bet to that amount so they are lose a huge money too and that is a millions dollars.

Im losing I think the highest is only hundred dollars and on that day I was very sad. I hope those people who lost a lot of money will not losing anymore money because we knee once they lose it is a huge money too.

For sure if they are addict gambler possible to lose all their money they have if they did not have control playing.

For all the money that is lost in gambling, someone does get rich and it is the gambling houses and the bookies who are making a lot of money.
Even though we hear everyday that people lose their assets and money in gambling, yet they still want to risk and try their luck in gambling. There is no cure to gambling addiction.
Remember that there are gamblers who seek enjoyment and there are the one who seek prosperity but the majority of the people why they are entering in the gambling industry is because of the money. What I said is true because we know that there are now many people who became rich because of the gambling like Dan Bilzerian who have nickname of the "King of Instagram". I know you heard his story wherein his wealth is came from playing poker.
But not all the times that a certain gambler can make a good life because of gambling. Actually only few people who are becoming successful in gambling and most of them are losing and there are small percentage of that people wherein their life become more messy because of their losses in gambling. This thread can become a example that even if you are rich, the world can upside down especially if you lose all of your money because of gambling.
Maybe some of those people on the list are just seeking for enjoyment and happinnes but the others are just unlucky in gambling. I doubt that all of them are just spending for nothing because money is still a money even you have many of it.

So definitely, those in the list are the ones who continuously playing gambling even they're losing. It can be the cause of stress or maybe seeking for a huge pot that makes them greedy in gambling. Agree, a life of a gambler is very difficult because you don't know if you'll have money in the next day, probably all day risking for your survival.
1186  Economy / Gambling discussion / Re: Poker Gameplays and Strategies on: August 28, 2020, 03:26:47 PM
Learn to bluff and think wisely if you will call in the game, that's one of the basics in poker.
But don't do it, poker is kind of game can result any experienced player to go bankrupt so they shouldn't have poker as kind of primary income source but there are lot of players doing it all the time but it doesn't mean they are living with it, they might be holding huge amount of stocks which can give them security for their survival so they are taking such risk by spending all the time but not all the resources.

If you make poker your main source of income, and therefore your main job, you are taking that risk. In addition, there are certain rules, which it is better not to go beyond, in order to avoid the element of randomness leading to unpredictable losses. Therefore, it is imperative that you always stick to bankroll management. Poker is a game of probabilities, the more correct your decisions are in the long run and the more you keep your bankroll, the higher the probability of a stable income.
Yes, if you are trying to be a professional poker player, you need a lot of experiences before making it as a source of income. It's hard to rely on gambling games, you don't know when will you win in the game.

Actually, only a few people in this world can make gambling as a source of income but before they made it into that, they already have a lot of experiences on the game that will make them last longer on the league.
1187  Economy / Gambling discussion / Re: You have to prove that you can take the loss on: August 28, 2020, 02:13:08 PM

Actually, it's a general value that should apply to ourselves that accepting defeat on every situation we are facing is a must to grow ourselves and learn from our mistakes. This is a fact that will help you to attain your goals in life.

That's why I really support devs who really spent their time on searching the platforms' flaws to attain more users in their business. The more users they have, the more revenue will come to their business, this is a business mindset that most businessmen are applying also in life.


The problem comes into place once you get hooked on gambling. Only a fraction of player have problems with addicitions but it can definitely happen. And once you are addicited to gambling it's very hard to stop. Checking if someone can take a big loss could also help to prevent addicits from losing everything in a casino. I agree that most people can handle their emotions and are stable in life. For them it's just another form of regulations that is probably unnecessary. But for a few unlucky people it could really make a difference.

Having a businessmen mindset is great because you think in terms of risk and reward. This definitely helps in gambling and investing.
Gambling addiction is a hard case for an individual, you also need a long term solution to this for a full recovery. Some people don't know that they're already addicted to gambling and they thought that it's still normal.

This means that gambling addiction is a critical condition and should be avoided, emotions must not apply when playing gambling because it will just ruin and can cause a losing streak.

1188  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: August 28, 2020, 01:32:36 PM
Oh man, despite that gambling is forbidden is post USSR prisons, everyone in jail playing cards and dice. But compared to this peaceful casino in Nevada, in our prisons everything can happen much worse. For example, it's easy to lose your life during the game, meaning from that time he owe his life to a winner, so winner can ask anything from loser, even to kill someone. Not a fun fact, but enough mind blowing i thought.
Fantasy, this is not happening in this days for we have the international law for human rights. If this really happening in your place then report it immediately. Let us help preserve humanity and resolve issues regarding on human abuses. I can't bear to see these people have this kind of attitude, an animalistic kind of behaviour. Well, we are animals but we are rational and able to think than the rest of the animals.

I guess somehow people are rude but they are also people that has born innate kindness. It is just they are also victims of abuses to which it affects their attitude.

I think this is really happening in the real world that they owe their lives to the winners in gambling that even you report or accuse them from their crimes, it will be useless because they are already in prison that they are no longer afraid to commit crimes. I know it is an act of insanity and animal behavior that the winner can freely ask anything to the loser, even they kill someone or themselves. Still, we can't do anything about it if the prison officers are not strict and not responsible enough for controlling prisoners.
Agree, prisoners, don't have much to do in the cell so gambling is one of their main games. To make the activity more thrilling, they are executing this kind of consequences since they don't have nothing to do especially those prisoners that has a life sentence.

Try to read more about gambling among prisoners: https://www.researchgate.net/publication/50990555_Gambling_Among_Prison_Inmates_Patterns_and_Implications
According to the study, they find out that inmate gambling is very common in prisoners.
1189  Economy / Gambling discussion / Re: Regulations in online Gambling sites on: August 28, 2020, 01:07:59 PM
Usually, when people know about their country's regulations, they will not use their real IP when they visit the online gambling site. They prefer to use private VPN to play gambling because that can hide their real IP from the ISP's tracking. But some people still use their real IP to playing gambling, and so far, there is no tracking from the ISP. But the ISP still monitor them, just in case if they are using the internet connection just to play online gambling.

But I think it will difficult to regulate online gambling sites because the sites will choose to open their business in the country, which allows gambling, and they will not have a problem with the user that comes from many countries.

Your ISPs always monitoring you, even if they say they're not. Their software and hardware can do nothing but track you, it's up to the ISP whether or not they keep this information, and whether the law requires them to or not (and they do, they like being on the good side of enforcement). Think it's only Switzerland that has enough privacy laws to not require ISPs to track you.

It's up to us to protect our privacy in the end.
Can our ISP still do that even if we are using VPN to mask our real IP address? I mean, can they know that we are accessing the gambling sites? It would be helpful to me if I get the right answer as I have friends that has an static IP who gambled without using VPN.
I guess not, those ISP can block some certain websites that are prohibited in this country so I guess they can't track on what platform you are using. Using a VPN, they can hide the IP and the platform you are using so it's safe to browse prohibited platforms.

Any ISP can't determine those contents on your internet when you are using VPN.
1190  Bitcoin / Bitcoin Discussion / Re: How the Post-Pandemic Era will benefit the Crypto Industry? on: August 28, 2020, 12:28:51 PM
Hoping for an article that shows analysis and graphs how does a crypto industry benefits in the post-pandemic era.

I'm interested in that kind of article because it'll be another assurance for the public to invest more in cryptocurrency if it's really beneficial to invest in BTC without any third-party platforms.
It should be more analytical that will explain how does cryptocurrency become profitable even a pandemic occurs.
1191  Economy / Economics / Re: Pandemic Coronvirus Impact On Global economy on: August 28, 2020, 11:20:37 AM
The world is surrounded by the COVID-19 and so the demand for the decentralized economy is increasing as a way of maintaining social distance. Does Pandemic Coronavirus open the door for the decentralized economy? Please justify your answer. Cool

Actually this pandemic situation is good for some people who are keep well with family members and bad also for some people who lost their family members. But overall this pandemic situation teaches how to earn from home investment like cryptocurrency investment. People from now must think alternative safe income in different way by online as we have gotten useful with it. I think after COVID that would be new Era for all and alternative best economic system coming for all also.

thanks.
I don't think so, even the family has wealth and they are having time for each other, it's still not safe because there's a huge chance of having a COVID-19 through foods and deliveries. Yes, they're thankful for spending time with their family but still afraid of getting in contact with COVID-19.

I agree that some of us already invested in cryptocurrency and some bought stocks because there's a downfall of prices and it is a stepping stone for better economic growth. Some are adopting the use of the internet, we all know that there's a lot of opportunities here to earn more income while in the house.
1192  Economy / Economics / Re: Is it possible to live without banks? on: August 28, 2020, 10:43:03 AM
First people on this planet lived without banks, therefore we could also live without it however it might be hard to make adjustments specially that we so dependent on it for a very long time.

Even if the cryptocurrency will become more stable form of payment, it could take decades before we are all transitioned or adopt the new system.

The first people on the planet lived without money, they had no technology and had completely different values. They faced completely different tasks in the framework of their survival and reproduction.
To come to their state, we must destroy everything that was built over thousands of years, and stay with a bare ass in the literal sense.
We can no longer exit the banking system without loss if we do it quickly, for example, if we face a banking crisis. It will affect everything, and it will be a terrible time.
The technology advances and our society is upgrading and those upgrades aren't downgradable because new generations are adopting the new methods that have been built. So definitely, we can avoid the banking system now because most of the people right now are using it and we aren't living in the stone era which doesn't use it. We should be considered the payment system such which creates the banking system as one of those upgrades added to our society. Also, the banking system has a lot of features and advantages of our economic growth so we can't avoid it anymore.
1193  Economy / Gambling discussion / Re: Greatest Gambling Losers on: August 28, 2020, 05:08:18 AM
That number one really is surprising.

Never thought that people would actually waste their money in gambling instead of thinking how they could earn more with that huge amount. I would understand Michael Jordan's addiction to betting since he has a lot of money to support him and I know there are a lot of people that would be advise him to stop but with that guy, saying that he is burried to debt means no one actually care how much he spends on gambling.

It is like after certain amount of loss one will stop, or it is greed that does not allow people to have that control when to stop it. Other thing is that they would have played to recover the losses and though they may win and that would have not happened it and this would have lead to such huge losses in their life.


We don't know the backstory of it, maybe there is something more.

What is that person is actually finding a place to belong himself and he found that in a casino, in a place where he needed to gamble every day and night? We don't know. But all I know is that being addicted to gambling and wanting to win a lot is different to each other. IMO that guy don't want to win a lot but is just addicted to gambling.
Yeah, different perspective and opinions really apply but when it comes to practicality, he should've spent it wisely even though it's their happiness or stress reliever. Also, I doubt that it's their happiness because it's a losing streak and if gambling is his passion, instead of spending a lot of money and keep losing, playing online gambling games is way better than spending for money. Yes, we want to achieve that happiness but let's not forget that consequences might happen if you are abusing it.

Gambling have a huge risks and can affect an individual's life so therefore, thinking wisely can make things easy.
1194  Economy / Gambling discussion / Re: VR online casino games take gambling to the new level 🚀 on: August 28, 2020, 04:51:09 AM
Yes, this is very good. i agree but i suggest to have a physical facilities for this so as the gamblers can use the VR experience that should be provided by the gambling casino.
This is weird  Smiley

If you're going to casino, then you obviously don't need any VR, because you're already in casino where you can play with people.
Maybe he is referring to a place like internet cafes where they can rent VR because it's very expensive and can't be bought by a normal gambler who wants to experience it. But yeah, it will be no sense if you will just go outside of your house just to play, there's no difference in going to an actual casino.

I remember the anime SAO (Sword Art Online) where they'll just chill in their own house and play VR games. Virtual Reality is an indoor activity, I still prefer an actual casino if I will still go outside and pay for VR experience.
1195  Economy / Gambling discussion / Re: You have to prove that you can take the loss on: August 28, 2020, 02:49:10 AM
Learning to take a loss is a secret to success in trading also, not surprised it would be a dynamic to gambling since they are so similar in requiring some discipline under pressure.

Quote
casino really wants is to have a lot of players

Revenue is the key to many businesses.   Its hard to keep high margins vs competition but economies of scale benefit a high flow of customers vs standing costs so that the greater the number of people even with a low percentage margin it becomes a more profitable business because online serving scales so well.
Actually, it's a general value that should apply to ourselves that accepting defeat on every situation we are facing is a must to grow ourselves and learn from our mistakes. This is a fact that will help you to attain your goals in life.

That's why I really support devs who really spent their time on searching the platforms' flaws to attain more users in their business. The more users they have, the more revenue will come to their business, this is a business mindset that most businessmen are applying also in life.
1196  Economy / Economics / Re: Economy over health on: August 27, 2020, 11:59:15 PM
If their economic analysts find it very worthy that sacrificing the people's healths for growth on the economy, then there's nothing wrong with that. Yes, they have a lot of COVID-19 confirmed cases on their country but it shouldn't be a reason to stop their means of growing their country which is the tourist attraction.

Cases - 37,292
Recovered - 13,471
Deaths - 397

Maybe they're also confident in their health care system for prioritizing the economy over health because based on the chart, comparing to our country, it's still better. Also, some of the data here in my country are said to be fake so those recovery counts aren't true and that's the reason why we shouldn't open our borders to other countries.
1197  Economy / Economics / Re: Biggest winner during COVID? on: August 27, 2020, 11:53:58 PM
It's hard to say which country is the biggest winner during COVID because it is China at first but it is berth with other countries to invent a vaccine to control the virus. No country can be a complete winner without a vaccine now Russia is far ahead. Russia could be far ahead if they are already planning to invent a vaccine to control the virus. Without a vaccine face mask sanitizers can never protect against the effects of the virus.

We can still actually say that even though there are no best winners, we can say that New Zealand was the country that has the best response even before the vaccine was produced. They were able to mitigate and cautiously taken care of the infected people while keeping people safe around their own works. Even now, they are not wearing mask because they know there are no virus spreading around because people are honest to say that they might have the virus.
New Zealand is successful in implementing those protocols and the citizens really following it to maintain their country as COVID-free but I guess they are not the real winner here. The real winner is the country who is now climbing at the top even though they're being affected by the pandemic in the early days and that's China. They made a huge sacrifice and it made a good impact on their economy which is why they're winning on the economic war with other countries.
1198  Economy / Economics / Re: How long will it take banks to phase out physical cash completely? on: August 27, 2020, 11:48:30 PM
I think the phase out of physical cash are not going to happen because a lot of people not know how to use cashless transaction and they still prefer the traditional way and beside some of the other places has no access of internet and there are still many people don't have a smart phone. But as time goes by using digital transaction will adopt little by little.
I agree, there are still plenty of generations out there who love to use cash. My grandparents always used cash. Using electronic payments is just in there nature. For young people today it's common to only pay by card. I would assume that until the z generation is in retirement we will see companies and stores accepting cash. In my country its still mandatory for business to accept small denomination coins.
Even the current generation will still use cash as a payment method because not all are capable of having a device for implementing a cashless society in the future. For me, the use of cash in the future is still essential because we can't rely on online transactions too much and we should prefer those payments that are being used for decades.

There's a lot of mobile wallets that occur on many platforms but I guess its true purpose is for online transactions only, so those people who are constantly having transactions in online thought that it cashless society is a good thing.
1199  Economy / Economics / Re: Our country was called Province of China. on: August 27, 2020, 11:38:16 PM
I'm worried about the China debt trap. I'm always a pro-government as I have nothing to do with it but support whoever is in the administration. But this starts to give worry for most people just like me whether I support them or not. Our country can't do anything on it as it's been said by the president that we can't go on war against China.

The Philippine government should pass a law to immediately deport Chinese who will do that, they should also require Chinese that will enter the Philippines to take a quiz so they will know that Philippines is a sovereign country and should not be treated a province of any country.
Our government is being attacked as well by the opposite party. Since the new administration started, there were too many diversed attacks through media just to make the current admin as bad. Welp, they don't have to do it now as we're seeing it in our eyes that we can't do anything against China. But this labelling of the product could also be another diverse attack.
Well, it happens every time if there's a thing that must be call out because of incompetency, then they should face those attacks. Also, normal citizens are also hoping for the government to be competent in situations such as pandemic because many are not in favor of the current administration's decision for the country.

The idea is good but it is not that easy since the current leader is trying to make friends with China.
1200  Economy / Economics / Re: I have discovered Something about covid 19 on: August 27, 2020, 11:27:07 PM
I wondered, the crisis was getting worse and if this was just a hoax just to hide a debt bubble it felt very unlikely. There are so many elements that are at a disadvantage in relation to Covid-19 so they don't have to make this big fake if it's just to hide some country or any institution that has debt. This kind of distrust proves that you are tired of facing this crisis and it is a form of frustration, so I don't think the findings are true because this pandemic is really happening and has claimed many victims.
Agree, this what happening right now isn't a fake thing because many are affected here. There are economic wars happening right now and we already knew that China is already gaining a lot and taking advantage of the current pandemic. Third world countries are suffering, they even loaned a lot of money in the world bank which we don't when the government will pay for it.

This pandemic is obviously caused by a country who seek growth in the economy and want to dominate the others. It's not just a simple virus that spread out because of natural changes, it's impossible.
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