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1201  Economy / Economics / Re: Biden planning first tax hike(major) since 1993 on: March 17, 2021, 12:06:19 AM
Taxation should be adjacent to the profits that a certain individual or an entity can create. There, I said it. I'm tired of seeing people paying too big of a percentage off of their regulsr salary while big companies out there aren't even paying taxes because they are "exempted". I believe this could help jumpstart government funding because what is 12 million dollars from a multibillionaire like Jeff Bezos compared to 12 million dollars from let's say 120000 Americans? It shouldn't be that hard to implement, and if the government is really for the people, this shouldn't be a big problem for them.
1202  Economy / Gambling discussion / Re: Are you a lone bettor or a competitive one? on: March 16, 2021, 11:59:41 PM
Competitive betting is only for the gamblers who can afford to lose a crapton of money and still be well-off after.it wouldn't suit a guy like me who still works a 9-5 to support myself. That being said however, the potential profits you can receive from competitive betting is way more big than in casual betting, so of course when you have the right funding and the right mindset, and you want to earn a huge amount of money through gambling, then competitive gambling is the way to go.
1203  Alternate cryptocurrencies / Altcoin Discussion / Re: Falling of Ethereum on: March 15, 2021, 11:39:17 PM
Ethereum follows bitcoin's price path and that could be the cause of this decline. However, I do not think this will be for long knowing that the there's a strong price resistance at the moment. Last February Eth was down by almost 20%, yet still we are enjoying a fairly okay price at $1,800. I would highly suggest that you guys hodl your ETH as this dump won't be for long.
It is natural to see that the average of all coins has also decreased I don't think you need to panic about this situation, then if the price goes down even more then there will be a higher increase, that happens when the whole market has decreased above 30% and after that bitcoin reached a new ath.
so you don't have to panic everything is going according to the route.
Right. Have faith in the resistance and it will reward you dearly. This price is hard to bring down I would tell you that. And with the huge amount of transaction fees to be paid, people will better off choose to just hodl the coin rather than sell it. Which of course will further stabilize the value of it.
1204  Economy / Economics / Re: Crypto Art record! 69M for a Beeple on: March 15, 2021, 11:33:24 PM
He deserved the price his art is getting. Been following his page and it is nothing short of awesome and creepy at the same time, but because it's an eye-opener and not just creepy for the sake of creepy. Most of all, he accentuates digital art, which surprisingly still is receiving tons of hate from trad art connoisseurs about how "easy" it is to create pieces in it. Nevertheless props to the man. I highly suggest you go check his Facebook page out as he posts content there regularly.
1205  Bitcoin / Bitcoin Discussion / Re: If most of Bitcoin is owned by few it cannot be a store of wealth for all on: March 15, 2021, 11:29:26 PM
There are 21 million of bitcoins in the market. The percentage of people owning more than 100 BTC is around 12% afaik. Yes that is a huge number, but compared to the remaining 88 percent, it's still small. So what should us small-time imvestors do to combat such 'imbalance' of power over the rich? Simple. Just spread the word about bitcoin, making sure that you at least entice them to own a few bitcoins themselves, and we should stabilize this.
1206  Other / Off-topic / Re: Corruption and Sports on: March 15, 2021, 11:26:15 PM
Sports fixing is as old as sports itself. But this shouldn't mean that people and athletes are to jist be lenient enough about it just because it has been in the talks for a very long time. Everyone should actively participate in abolishing such corruption in sports as it defeats the whole purpose of sports as a way to celebrate the human capabilities and their innate achievements in ways that accentuate one's skill. As our technology advances, we'll find out that there are ways to destroy this pest in the sports industry.
1207  Bitcoin / Bitcoin Discussion / Re: Invested in alt in 2017 ..and now need help to dont do same mistake on: March 15, 2021, 10:51:09 PM
I don't see this as the end of the world, yes you might've lost a very big opportunity to earn money years ago, but buying now would keep you from making the same mistake. And as you should've known by now, bitcoin rewards the most patient people, so after buying, whatever happens to your coins, just keep it there, just hodl. It's not going to zero out, not with this current price that is.
the 2018, 2019, 2020 dump of the altcoins should have already given you more than enough experience no never invest in any of the altcoins for long term. they are always going to get dumped sooner or later even if their pumping lasts for some time like it did back in 2017.

if you want long term investment you should always stick to bitcoin and nothing else.
A lot of people say Altcoins is the future but I beg tp disagree, a lot of altcoins show great prpmise but that industry is also full of one-hit-wonders that will leech you off your money. So might as well invest on the ones that are already established in the market and in the minds of the people.
1208  Economy / Economics / Re: Free Market Efficiency vs GPU Scalpers 2 on: March 15, 2021, 10:46:21 PM
Dumping could be a very good tactic but in this day and age, I highly doubt corporations will even drop their prices even for a little. They may say they are actively against scalping but those are hollow words, knowing that they wouldn't do anything to battle them out themselves. Implementing KYC for GPU purchases above a certain threshold (I'd say 2 because of SLI) is the bwst way we can keep these scalpers out of the game. What are they going to do if they are disallowed to buy more than 2 without proper reason? Karen their way out of a new GPU?
1209  Bitcoin / Bitcoin Discussion / Re: ❤️ Millions of valid Bitcoin addresses and private keys ❤️ on: March 15, 2021, 10:40:50 PM
Not so sure how you are able to generate that huge number of private addresses and keys but I don't know if this is ethical or not. You are literally stealing from someone alive or dead. And without proper information for the whereabouts of the real owner how can we be sure that the addresses in here are clean or at the very least not hacked? Thank you so much for the offer and I think you have a very great talent, but we also wanna make sure that talent is being put to good use for the right thing.
why don't you stop posting such unethical things on the forum?

Unethical would be if money was stolen but that is not what is happening here. The chance of a private key collision is mostly unheard of and will probably only happen a couple of times in the history of Bitcoin and posting public private keys with nothing in them and has never had anything in them will probably not be a problem.
This eases my mind a bit, knowing that with opening an address I haven't touched at all, I do not take someone else's livelihood.
1210  Economy / Gambling discussion / Re: Internet connectivity - Gambling wins/losses on: March 15, 2021, 10:30:17 PM
I have only seen and encountered negative results from rolls made when my internet connection is at its worst. So I made sure to never gamble again when my internet is bad, at the very least I secure myself from a guaranteed lost. I'm not so sure where you're getting wins out of a bad internet connectivity but if so it will be abused by a lot of people. Up to a point where the site could fix that feature and entirely remove that for all people to use and abuse.
1211  Economy / Speculation / Re: How long would it take for one Satoshi to equal one US dollar? on: March 13, 2021, 11:41:26 PM
Bitcoin may have risen exponentially in the past couple of years but I can't see it jumping from 50k to 100M in a span of a couple of years. So I don't think it's gonna take a short while until your dream of 1 sat= to 1 USD happens. Besides, you also have to account for the value of USD at the time, coz what's the use of owning millions of dollars if it's not worth anything?
1212  Economy / Gambling discussion / Re: Do You Trust In-House Casino Competition? (Wager/Multiplier/Raffle) on: March 13, 2021, 11:37:55 PM
Nothing actually. Only the integrity of the owners which is questionable since they set up a gambling site in the first place. Then again if you think your favorite casino is trying to pull a fast one on you, I guess it's best to find another that you could wholeheartedly trust, be it in rewards or in-house competitions.
1213  Economy / Economics / Re: Free Market Efficiency vs GPU Scalpers on: March 13, 2021, 11:31:41 PM
Since in these types of purchases you would need some sort of verification for the seller to assist you, the retailers can come up with a KYC system that also keeps track of their purchases and communicates them with other brances of that particular store. We can start with one store, and as soon as their competitors catch wind of this, watch how they will flock upon in creating a system similar or identical to the one I am talking about.
I've never been a miner and usually would be completely ignorant of a situation like this, but in the past month or so I've done a lot of reading about ETH mining and didn't realize that you could mine it using a GPU.  And the more I read, the more the GPU shortage situation kept getting mentioned, especially cards with >4gb of memory.  I've looked on Newegg and invariably all of their gaming graphics cards are sold out.

Not too long ago I bought a new computer that came with an RTX 3080, and I didn't realize how sought after those graphics cards are, so I consider myself lucky to have one.  Now as far as the scalping goes....that comes with capitalism, plain and simple.  It's an ugly practice, but as far as GPUs are concerned it isn't illegal (nor do I think it should be).  I don't mind that places like Newegg limit the number of specific cards you can buy from them, but I'm all in favor of free markets.  And free markets aren't always nice and fluffy; sometimes there's ruthlessness involved and usually greed as well.  Think of all the old oil wildcatters, the railroad barons, and so many other instances of free markets screwing people over--but I wouldn't have it any other way.
Just because the free market isn't known for being altruistic over its customers doesn't mean it has to stay that way. They can easily partake in this war against scalpers if they choose to, but either wouldn't want to or couldn't because of certain limitations.
1214  Alternate cryptocurrencies / Altcoin Discussion / Re: Will NFT bring any change in crypto gambling industry? on: March 13, 2021, 11:25:30 PM
Any casino who will successfully tap into the abilities of NFT will surely come out of the top at the gambling industry ladder. It is the hottest thing right now, and that is because of what it can offer to the table. And it is super easy to integrate into a pre-existing system so it's not like the coders will need to burn their hairs out thinking of a plan to put them into the spotlight.
There can be NFT tokens added on the gambling sites for sure but at the same time the main thing is not the token itself because everyday we have 1000 of Altcoins added and removed the main thing is that it represents ownership. I do believe that it can be used as a token for the sports industry. For example : NFT indicates the ownership of a particular thing and if people starts selling them for players , for teams then they can have a whole different set there. It is already being done by making new tokens for that particular games but NFT since it's non interchangeable will mean it's value will be more and people would be able to OWN such teams , now they can try and make some decisions and even participate in particular events.
I do think it can also be given out by different casinos to the people who do invest the most in them ! Which would be like a proof of being loyal to that casino and might come with some benefits.
This has a wide scope. Who knows how one will use it ?
NFT Gambling Milestone rewards, trading cards for sports betting, the world is your oyster with NFT. You can never just be so secluded in a particular idea because it offers so much versatility and is the perfect collector's item.
1215  Economy / Economics / Re: $69 Million Beeple Art Buyer Revealed as NFT on: March 12, 2021, 10:53:02 PM
Beeple's art is disturbing, yet it is only because it opens people's eyes. I believe the $69 Million bid was both memed out and justified, since it's 69 (lmao nice) and the fact that this is 5000 day's worth of pristine quality art pieces you wouldn't get elsewhere but from Beeple. It inspires me to become an NFT artist really as I have a few artworks on canvas and on paper too that I can scan and then sell on the blockchain.
1216  Bitcoin / Bitcoin Discussion / Re: Elon Musk again on: March 12, 2021, 10:42:45 PM
Never really paid too much attention to The Billion Coin. what I am most compelled is the fact that this could be a hint at who the real creator of bitcoin is, and it could be him. I'm not really bought in the search for the real Satoshi Nakamoto, but bit by bit ever since he bought $1.9 billion worth of bitcoins does he drop crumbs of his relation to it, then again I could also just be overthinking, but wouldn't it be cool if he really is Satoshi?
For sure that is not all about bitcoin because bitcoin isn't a company.

That's the power of Elon Musk, he is very influential and gained tweet that a huge number of followers retweeting his tweet.
I guess that his own company, he becomes bored because there are no investors in my perception.

As I understand, that is not against bitcoin that he meant and I guess there's nothing to worried about, despite, that's another awareness to the people.
The Boring Company, for those who do not know yet, is a construction materials company owned by none other than Elon Musk. This tweet of his could be another bitcoin shill, or it could also be a hint regarding his relation to Satoshi Nakamoto.
1217  Economy / Gambling discussion / Re: Fake bets on: March 12, 2021, 10:37:07 PM
"It's a simple spell, but quite unbreakable"-Doctor Strange
This trick has been executed by countless running and/or closed down casinos in the past, and it's not like this is a first for the online casino industry. Although I do get your point where it kind of is unfair to the players as it exploits their brain's natural biases and heuristics, then again all products do that, McDonald's does that, and we don't tell them to stop what they are doing.
1218  Economy / Economics / Re: Trader buys $36 million of copper and gets painted rocks instead on: March 12, 2021, 02:21:08 AM
If the shipper is a trusted partner of the buyer, then there's a higher tendency that the foul move was made by the logistics. Because there's no way you'll cross your long-running partner for $36 million worth of copper when you could get a consistent buyer that will consistently make you money in the long run. If this is not the case, then it's best to interrogate the seller.
1219  Bitcoin / Bitcoin Discussion / Re: Its coming i faster and would shock most people on: March 12, 2021, 02:17:18 AM
As bitcoin becomes noticeable on the internet, more establishments, figures, and entities will jump into the hype in hopes of becoming and/or staying relevant to the growing demands of the people. So the main point here is if we want to hasten the process of bitcoin being adopted and accepted by every country on this planet, we should talk more about it. At least that's how I see it.
1220  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: March 12, 2021, 02:10:55 AM
In the Philippines, aside from the known consequences of the COVID-19 pandemic and the lockdown that ensued after such as economic losses, psychological problems, a surprising problem also arose which is the sudden spike in the percentage of teenage pregnancy. This could further disrupt the otherwise recovering economy of the said country. This among the possible problems the education, and the health sector of the country, as well as the ever-increasing gap between the rich and the poor in the Philippines.
In my country a curfew for the merchants alone has become what all the commotion in the lockdown will surely result in a great commotion as the economic wheel will stop people 'people will rebel and not address the pandemic problem will only make matters worse because we have to continue living this life The government to lockdown does not happen if anything happens I assure you that the country that does lockdown is bound to get more chaotic especially in the economy and will not close the doors to other areas I hope it will never happen
It's more of a problem with the people and the government really. On one side, stricter lockdowns must be imposed by the government to ensure that the cases are kept in check. on the other, the citizens are obliged to be responsible for following lockdown and contingency protocols the country in question imposed. Should one side of the scale be tipped over, problems will ensue.
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