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1261  Economy / Gambling / Re: Bitcointalk SwC Championship Poker Series(50 mBtc added by SwC) on: March 31, 2020, 11:27:58 AM
i paid my entry and received the passwords for this weekend. i'll be registering later on, i still need to load up my SwC account.

does anyone know who is hosting this tournament on SwC? Quarantine Series Week 2 Champions Freeroll [private], cause there is a password needed to enter  Roll Eyes
i think efialtis and yahoo?
but you can read it once again in the first post
sorry, but I don't see in the first post any info about the Quarantine Series

it's not a normal password-protected game. SwC is running a "quarantine series" from march 23 to april 5, a few events each day. the winner of each event gains free entry into that tournament.
1262  Economy / Economics / Re: CoronaVirus USA - Open by easter? on: March 31, 2020, 11:17:08 AM
Quote
"This virus is going to be with us. I'm hopeful that we'll get through this first wave and, and have some time to prepare for the second wave. I'm hopeful that the private sector in its ingenuity and working with the government, NIH, will develop a vaccine that ultimately will change the impact of this virus.

But for the next 24 months, you know, we're all in this together....." -CDC Director

https://www.npr.org/sections/health-shots/2020/03/31/824155179/cdc-director-on-models-for-the-months-to-come-this-virus-is-going-to-be-with-us

so much for opening up by easter huh? Roll Eyes

bad news everywhere. everyday it seems like there is a new "epicenter".....new york, florida, new orleans. i'm surprised the markets aren't crashing. i guess investors are still high from the promise of stimulus and bailouts?
1263  Economy / Gambling / Re: Bitcointalk SwC Championship Poker Series(50 mBtc added by SwC) on: March 31, 2020, 08:51:43 AM
Quote
Players will be required to send  200 chips per game to youcantwin on SwC for each game. That money will be added to the Championship games prize pool. SwC Poker has agreed to add .05btc to the Championship games prize pool. I will have efialtis (youcantwin) confirm everyone has sent the extra funds before the game starts. The extra funds is a requirement for all who want to play in this series. Whether you join at the beginning or at the end of late registration.

i like the idea and i'm down. i just hope there are no problems collecting the extra jackpot style entry fee. i'm glad @efialtis is tasked with that and not me. Tongue
I actually thought this could be outsourced with you being our treasurer...  Cheesy

lol.....

i'm fine with holding the funds if needed. i don't understand what happens if people join the tourneys, but don't pay the extra 200 chips/game. i guess they would be disqualified from the championship unless they pay the balance due?

or do people only get the password once they pay? that might have a diminishing effect on the number of entries.
1264  Economy / Gambling / Re: Bitcointalk SwC Championship Poker Series(50 mBtc added by SwC) on: March 31, 2020, 08:27:08 AM
2pm GMT/UTC was a mistake - we will play at 2PM EST/6PM GMT.
Ahh  Cry, i thought the time is 2pm GMT/UTC.

2PM EST/6PM GMT is hard to me which is 1-2 AM in asian timezone.

good luck then!

ah, see there is no pleasing both USA and asian players! one of us is always gonna get screwed over. sorry, bud. Undecided

6pm GMT---i am much more likely to be there now. @yahoo62278 should update the OP so there is no confusion.

Quote
Players will be required to send  200 chips per game to youcantwin on SwC for each game. That money will be added to the Championship games prize pool. SwC Poker has agreed to add .05btc to the Championship games prize pool. I will have efialtis (youcantwin) confirm everyone has sent the extra funds before the game starts. The extra funds is a requirement for all who want to play in this series. Whether you join at the beginning or at the end of late registration.

i like the idea and i'm down. i just hope there are no problems collecting the extra jackpot style entry fee. i'm glad @efialtis is tasked with that and not me. Tongue
1265  Economy / Gambling / Re: Bitcointalk SwC Championship Poker Series(50 mBtc added by SwC) on: March 31, 2020, 07:55:00 AM
Time: 2pm GMT/UTC

good job setting this up and getting the money added, guys.

unfortunately that's 7am local time for me---i'm not sure i can make it. send me the password though. my schedule has been really weird lately so anything is possible. Smiley
1266  Economy / Economics / Re: Are we heading towards Recession? on: March 30, 2020, 09:38:24 PM
What we can expect after all this nobody can tell, as I notice nobody can tell when will it end in the first place, in month or two or it will last longer?

the latest projections say that coronavirus deaths in the USA will peak sometime in april and fall to zero by mid-july: https://www.ibtimes.com/coronavirus-usa-deaths-peak-april-14-covid-19-crisis-end-july-data-reveals-2949139

based on that, i assume we will start seeing restrictions easing and a controlled return to normalcy in may or maybe june at the latest. probably earlier outside of the USA, since the USA is clearly now the epicenter of the pandemic.

ideally most countries will follow germany's proposed model of issuing immunity certificates---you do mass antibody testing and allow all those who test positive to return to work early. anything to prevent months and months of endless lockdowns..... https://www.businessinsider.com/coronavirus-germany-covid-19-immunity-certificates-testing-social-distancing-lockdown-2020-3
1267  Economy / Exchanges / Re: From UK, Understanding Investing Jargon help on: March 30, 2020, 09:22:41 PM
Im looking for the cheapest fees for BTC<>£GBP pairs with the highest true volumes. So Coinbase Pro the best for this or are there better exchanges that anyone recommends?

bitfinex has a BTC/GBP market with ~ 1/3 of coinbase's BTC/GBP volume. bitfinex actually has a better spread and deeper order book though, so it should be perfectly fine. it also has significantly cheaper fees---0.1% maker/0.2% taker vs 0.5%/0.5% at coinbase pro.

https://www.coingecko.com/en/exchanges/bitfinex
https://www.coingecko.com/en/exchanges/coinbase_pro

Secondly do exchanges charge fees straight way once you submit a limit order?

you only get charged fees if/when your order actually executes.
1268  Economy / Economics / Re: Economic crisis is Hoax? COVID19 Not Deadliest one! on: March 30, 2020, 09:09:20 PM
According to medical literature, coronavirus is just another name for the common cold.

no, it refers to a specific family of viruses, six of which cause common colds in humans. rhinoviruses are a much more common cause of colds and there are still many other causes. https://www.healthline.com/health/common-cold-causes

In fact, evidence points out the chinese died from a bad vaccine, applied in December 2019.

there is absolutely no evidence of that. there is evidence that the outbreak began as early as november 2019. https://www.livescience.com/first-case-coronavirus-found.html

experts have already ruled out the "china created this in a lab" conspiracy theories too. you should stop spreading this alex jones conspiracy theory garbage. https://www.livescience.com/coronavirus-not-human-made-in-lab.html

The WHO declared a pandemic to get the money from the "pandemic fund". This fund was going to expire in June.

that sounds like bullshit. link?
1269  Economy / Exchanges / Re: From UK, Understanding Investing Jargon help on: March 30, 2020, 12:39:58 PM
I think, for the average user like me, Coingekko and Coinmarketcap really aren't very much different from each other. I've never really understood why the hate for CMC, when they're only giving, as you say: "what they say they have versus what they probably have".

I mean, honest data reporting should not be expected from any centralised exchange, and the aggregator can only report what's reported.

we should really be discouraging the use of coinmarketcap. it encourages people to use shady and illiquid exchanges that may end up exit scamming. just compare them side by side. it's like night and day:



1270  Economy / Economics / Re: Will the government understand? on: March 30, 2020, 04:01:34 AM
With the society collapsing
Dude, society is not collapsing.  This is an outbreak of a virus that isn't particularly deadly, and it's only going to be a temporary thing.  Yes, it's having huge effects on the economy but I don't think this is going to spark massive unemployment for the long term--and I'm hoping the effects aren't too drastic in a year or so from now.

the whole world in chaos right now and we don't know what are waiting for us in 3-4 months and how many people will die in this situation by coronavirus and by not getting proper food and treatment
There are going to be more deaths from COVID-19, but compared to other causes of death that number is relatively small.  It isn't as though this strain of coronavirus kills everyone it infects.  Most people who get it feel like they have a cold, and this whole situation could have been much, much worse if it were a deadlier virus.  It'll take some months, but the world will get back to normal.

several decades ago, people kept savings worth several months of income. being out of work for a couple months would not mean economic collapse. fast forward to a society where most people live paycheck to paycheck and have zero savings. most small businesses can't survive shuttered for a month.

i would like to share your optimism but we need to exit the crisis stage first---flatten the infection curve, secure enough hospital beds and ventilators, etc etc. on the current path, the USA simply doesn't have adequate healthcare infrastructure for the projected hospitalizations.

for things to improve, the population needs to start taking the threat seriously. people are still throwing coronavirus parties, not wearing face masks in public, not heeding shelter in place orders. it's insane!

tbh, americans are pretty retarded---they obviously have little to no regard for vulnerable populations like the elderly. the projected deaths are getting higher everyday. most of those deaths are gonna be our parents and grandparents, all because of these arrogant assholes who think "it's only a cold, what does it matter"? and they go around spreading this extremely infectious virus exponentially through our communities.

trump downplaying the pandemic every step of the way for the last 2 months has worsened the crisis immeasurably. americans never took it seriously. they still aren't.
1271  Economy / Economics / Re: U.S. Recession short term on: March 30, 2020, 03:38:58 AM
The United States will be in a recession. The question is, will this be a 1987 type of recession or a 2008/2009 type of recession.
I'm not so sure about that, and I'm also questioning whether there was any type of recession in 1987.  I'm aware that the stock market plunged in October of that year, but it rebounded relatively quickly and the bull market didn't implode until April 2000.  That crash in 1987 wasn't even related to the economy if I remember correctly--there were a lot of folks blaming it on programmed trading.

they say it was a black swan caused by algorithmic trading. there was no recession afterwards, but i think that speaks past what rambogoham1 is saying: could this be another black swan event followed by a hasty recovery like in 1987, or is it a more prolonged and much more painful collapse like 2008?

looking at the all the headlines and projections, the situation in the USA is gonna get much worse over the next couple weeks. i'm betting on something more like 2008.

And yeah, unemployment has spiked but there's a very clear cause for that--a lot of businesses have been forced to shut down.  That's not a permanent thing, though.

but how long could it last? that's what the markets are freaking out about.
1272  Economy / Economics / Re: Economic crisis is Hoax? COVID19 Not Deadliest one! on: March 30, 2020, 03:13:55 AM
COVID19 is a hoax.

Here is why chinese were falling dead in the streets of Wuhan:

https://www.loc.gov/law/foreign-news/article/china-vaccine-law-passed/

This is not fake news. They were vaccinated in December 2019.

no they weren't, not that we know of anyway. that's just when that law went into effect.

we are now finding out that cases began emerging in november 2019. they just weren't recognized as coronavirus until now. https://www.livescience.com/first-case-coronavirus-found.html

are you like a fully fledged alex jones type conspiracy theorist now? Grin

SARS, coronavirus and influenza are the same virus.

SARS and this coronavirus are very closely related. they are nothing like influenza. none of this proves any grand conspiracy or that mass vaccination caused the outbreak.

common sense about past pandemics in history says it happened like all the others---by spreading organically through the population. this coronavirus has an abnormally long shedding period (both before and after symptoms) which probably explains why it spread so fast and far.
1273  Economy / Gambling / Re: Bitcointalk Poker Nights Discussion Thread (private games for btctalk members) on: March 29, 2020, 10:03:46 PM
And unfortunately I do not have any VPN or I would try with other browser like Chrome. All the above were with tor connection. With tor the connection is always slow and possibly for this reason the application is not loading.

that's probably the culprit right there---TOR. even more than making everything slower, it kills a lot of scripting functionality. i would try loading it in a normal browser (firefox/chrome) with your normal connection, or VPN if you are in a restricted jurisdiction.

May be in the next one on SWC poker I will see you guys.

i will set something up for next weekend on SwC over the next couple days.

should there be any changes to the day/time/structure, compared to the last SwC tournament on 3/22?
1274  Economy / Gambling / Re: 3/29: Bitcointalk Private Poker Tournament #5 @ Sportsbet.io - 40 mBTC GTD Prize on: March 29, 2020, 09:52:55 PM
good game, guys. i was on zero sleep and actually fell asleep during the game and started blinding out. my sleep schedule has been horrible for these games lately. woke up short stacked and shoved 44 into AJ, and villain hit the board. oh well! i didn't feel up to re-entering.....

congrats on the win, Steamtyme!
1275  Economy / Gambling / Re: Bitcointalk Poker Nights Discussion Thread (private games for btctalk members) on: March 29, 2020, 08:27:33 AM
I received the password from figmentofmyass but I think I have a problem now. When I try to load the page it always show me an error.



Anyone can help me out?

are you still having this problem? i haven't seen that error before. have you tried switching browsers/devices?

no issues launching the poker room with firefox here.
1276  Economy / Gambling / Re: 3/29: Bitcointalk Private Poker Tournament #5 @ Sportsbet.io - 40 mBTC GTD Prize on: March 29, 2020, 07:40:42 AM
the game starts in 8.5 hours. we still need 5 more players to kick things off. come join us!

the password is kJCPYN4cG.

i'm not too worried about the johhnyUA thing guys, especially on a 0.001 BTC buy-in. let's leave it alone IMO......
1277  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 29, 2020, 06:55:35 AM
everybody stuck inside the house? good, come play some poker with us today. Tongue

3/29: Bitcointalk Private Poker Tournament #5 @ Sportsbet.io - 40 mBTC GTD Prize

it starts in 9 hours. we need another 5 players to reach the minimum. 0.001 BTC buy-in, re-entry available, 0.04 BTC gtd.

the password is kJCPYN4cG.
1278  Economy / Economics / Re: We are about to see the monetary power of the U.S. government on: March 28, 2020, 06:28:39 AM
Expect a price jump when stimulus checks start rolling in. I know I'm personally buying some crypto anyone else feel the same way?

people will do what they normally do with stimulus checks: those who don't need it will put it in the bank for a rainy day. those who do need it will immediately spend it on rent/mortgage, food, supplies, and paying bills.

i'm sure there is a very small minority like you who will spend their stimulus checks on bitcoin, but i doubt they will outweigh those investors who are currently selling because of the economic crisis. the pandemic has been horrible for bitcoin investors and the stimulus checks don't do much to alleviate that.

the stimulus check barely makes a dent in my monthly expenses. for me, it's not even enough to bother sending to a bitcoin exchange. it's a tiny emergency cushion in my bank account during uncertain times, nothing more. i already have enough bitcoin tucked away in case it miraculously emerges into a bull market.
1279  Economy / Economics / Re: How long this crisis will be? on: March 28, 2020, 06:03:48 AM
3-6 months is an impossible time frame for creating such vaccine.The process takes more than one year.
Well, if they push through clinical trials and find enough willing volunteers, it's possible to cut that time down. There's a lot of political will behind this kind of thing.

the consensus among virologists seems to be 18 months minimum. that's the best case scenario which "assumes there will be no hitches". https://www.theguardian.com/world/2020/mar/27/coronavirus-vaccine-when-will-it-be-ready

our best hope is antiviral treatments. those can be pushed to market 5-10x faster.

The last flu pandemic in the 1950s led to the economy taking a sharp hit -- but the recovery was just as drastic. I am reminded though that this pandemic isn't the sole reason for this current downturn!

isn't it? there may have been signs of a slowdown on the horizon, but nobody could have predicted this instant double digit GDP drop and mass joblessness. this was a black swan if there ever was one.
1280  Economy / Economics / Re: COVID-19 will pave the way for CBDCs on: March 28, 2020, 05:40:35 AM
While many countries like the US and Russia are skeptical about crypto/Blockchain technology, they might change their stance once they see it's no longer worth printing physical cash. China has already been working on a CBDC solution of its own, so it's only a matter of time before it starts rolling it to the public.

What are your thoughts? Will this be the era of CBDCs? Or is it still too early to tell? Huh

you're probably right, the pandemic will accelerate things. south korea is burning cash as a public health measure, and the USA government is obviously embracing the idea of digital currency too. i'm not sure all these systems will incorporate blockchains though. they may just use trusted databases.

the stimulus bill they just passed in the USA actually included a provision creating the "digital dollar"---a central bank issued digital currency. they were planning on using it to pay out stimulus money, but it was stripped from the bill at the last minute. they are paying out stimulus funds via the IRS tax return system instead. https://www.theblockcrypto.com/linked/59692/digital-dollar-proposal-stripped-from-latest-house-democrat-coronavirus-stimulus-bill
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