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1321  Economy / Gambling discussion / Re: Will You Play? on: May 08, 2020, 01:29:24 PM
I think that is a great idea.

But I think this should be done by the gamblers itself. The gambler will be setting up the percentage of the amount they wanted to donate and it should depend on the deposit they have. Gamblers might regret doing that in the long run since they might have a good amount in deposit and would just want to bet the amount they betted.
Do you mean that the gamblers will personally save the said percentage and donate it personally to the charity they want? It is a good idea, but as you said, gamblers might regret this, because most of the time, gamblers tend to risk all their remaining money in gambling in exchange for having the chance to win.

I don't think if they will be saving it or automatically sent it to the charity.

I think it is best if the gambling sites have some charities that gamblers can choose from though I think that would limit the gamblers and might think twice about these donations. I guess it is better if they would be saving it first before they send it making the amount good and it will help a lot of people or maybe kids in the process.
1322  Bitcoin / Bitcoin Discussion / Re: Gender in blockchain. on: May 08, 2020, 12:43:56 PM
Is gender important in the Blockchain?

I mean if we will be relating cryptocurrencies into gender it is useless right since we already have the anonymity, the privacy and that just means that we don't care whether they are a girl or a boy. All we know is their address and we are connected to it, right?
1323  Economy / Trading Discussion / Re: How copy trading can prevent you from becoming a statistic. on: May 08, 2020, 09:58:16 AM
However, your second thought is right, they should jump in the fire and struggle to live. If they keep doing that then they will never understand how the market works in reality. They would never be independent in the future and could risk fatal loss in times if copying also gets scammed.

I know right?

It is easy to follow these investors but it is a bit of unfair since they lead people and getting commissions out of their profits while they just follow them. I think it would be great if they can do that too. It is like having a car and you have a driver but for a long time you have that car, you still can't drive and still depend on that driver. It is good since you have a driver but isn't that pathetic, right?
1324  Economy / Trading Discussion / Re: How copy trading can prevent you from becoming a statistic. on: May 08, 2020, 08:39:14 AM
I think this is good for those beginners.

But I don't think people should just be depending on this to get rich or have a profit at all. What if these investors realized that people are just following them with every one of their investments? Either way, I think people should really learn to invest in their own, it is also better for investors to learn how to lose since that is also something that investors will learn from.
1325  Economy / Economics / Re: Cryptocurrency can not replace fiat currency. on: May 08, 2020, 08:02:49 AM
i think someday crypto really can change fiat fully, like rightnow in pandemic the virtual payment on e-wallet really help people to do some trancaction

But it doesn't mean cryptocurrencies have the upper hand.

There are a lot of mobile wallets that offer payments using Bitcoin and other cryptocurrencies but I don't think people are actually using it right now since the halving is closing and people would be thinking to just save or hold it rather than selling it. That just means that despite the chance that we are seeing people would use cryptos, they are not. And another thing is that not all of the people are actually interested in using it and usually, people don't know what it is.
1326  Economy / Exchanges / Re: Can you trust a cryptocurrency exchange? on: May 08, 2020, 06:42:23 AM
For me, it is no too.

I don't know what you mean though but I don't think people should trust these exchanges. You just open or visit it when you need it but I don't think people should really depend on it. These wallets are prone from being hacked and you are prone from being scammed so people should really worry when they are using an exchange.
1327  Economy / Gambling discussion / Re: Vaccine against Covid-19 should be made before sports events will take place? on: May 08, 2020, 05:28:22 AM
a) wait for the vaccine even it will take years, end of the discussion

This would be the idea.

I don't think teams would be pushing the games since we all know the risk they will be taking. They will be risking millions to every game they will be attending and they couldn't risk that much. I think some games that can be done locally would be pushed through, but games with people going into places won't be good at all for the players.
1328  Economy / Gambling / Re: My urge to go to land base casino in this lock down and how I fight it. on: May 08, 2020, 03:55:23 AM
That is just amazing.

To be honest, I am feeling the same way but because I am working from home right now, I don't have this rough like the OP. I am busy so I am a bit preoccupied with it that I don't really think of it. I think people should do the same as the OP, to be honest it is really hard to avoid thinking about gambling if you are not so busy this ECQ.
1329  Economy / Gambling discussion / Re: Will You Play? on: May 08, 2020, 01:58:54 AM
I think that is a great idea.

But I think this should be done by the gamblers itself. The gambler will be setting up the percentage of the amount they wanted to donate and it should depend on the deposit they have. Gamblers might regret doing that in the long run since they might have a good amount in deposit and would just want to bet the amount they betted.
1330  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Safe Haven Asset? on: May 07, 2020, 01:09:57 PM
In the ongoing epidemic of the Coronavirus, Bitcoin is considered a safe treasure that has not shown any positive signs of flight. Then the question arises as Is Bitcoin really a safe haven asset?

IMO, there is no such thing as a safe haven investment.

I don't think we should be worrying about our lives in the future if we have an investment in a safe-haven asset and obviously, people would be fawning all over it since it is a safe-haven investment, isn't it? Another thing is that despite the good price movement of Bitcoin in the pandemic, it is still volatile so we can't really say that a risky cryptocurrency is a safe haven investment.
1331  Economy / Speculation / Re: What inspired you to buy BTC? on: May 07, 2020, 10:53:56 AM
I think we all wanted to be rich.

It is the hidden desire of the people and we are not just talking about the money here, love to new things, love to technology, to freedom and such. The difference here is the time we went in and invested in BTC. The desperation of me to earn a profit while I am unemployed is the reason why I am here, it leads me here. I don't know what will happen but I think I am here for a reason.
1332  Economy / Speculation / Re: The Halvings impact on Bitcoins price on: May 07, 2020, 10:23:51 AM
Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

You can be right that it will be positive impact because halving has not have any negative impact but the price expectation of $15,000 is low. Remember that in 2017, it has hit $20,000 and above, so this time should go beyond that as mining is expected to be limited.

In my opinion, I think it would not be the same as in the past years

Right now, the price is getting better and better. From $6K we see the price rose to $9.3K now. We are not even at post-halving and I thought that this would happen after the halving. Maybe there are some investors that are taking advantage of this price and thinking it will be having a price higher than this after the halving, the price might still drop before the halving though.
1333  Economy / Economics / Re: Crypto Taxation on: May 07, 2020, 04:31:54 AM
it is very good if crypto currencies are given government tax, but if they do it in a situation like this, I think they are wrong,
taxes will make life difficult for people who only work with little capital in crypto currencies. maybe after the COVID19 pandemic ends, taxes may be imposed

I don't think it is that good.

Even in the normal days, I don't think it is that good for cryptocurrencies to be taxed. I think it is better to what it is right now since people are enjoying the freedom they have and I think it is also good for privacy out of the government's hands. If you are a good citizen, why don't you just add your profits from cryptocurrencies to your income taxes?
1334  Economy / Economics / Re: How many people have been panic selling? I didn't. on: May 06, 2020, 01:55:01 PM
Several people panic selling their assets because of the continuos price fall of their coin. I think it is better than to lose big in the long run. Some may still hodl their coins hoping for a  comeback in its price in the future market. But neither ways are better if you have the risk.
besides, there may be other reasons why they can panic selling the coins they have held so far, that is because most of them need money in the current economic situation, because as we know the world economy has largely been weakened and some of them certainly many need money to meet their daily needs


Then that is not panic selling, right?

Panic selling is when people are not thinking straight what to do and just sell since they think they would be missing the chance of selling at a higher price. When they will be selling cryptocurrencies or other investments since they need it, then they are doing the normal thing an investor would do in a normal day, right? Trade.
1335  Economy / Gambling discussion / Re: Wagering More or Wagering Less on: May 06, 2020, 12:01:01 PM
Betting alone is a risk and the more we do it, the higher of chance that we are losing.

What I am saying is that this is a strategy of gambling sites so that people would continue to gamble and increase their chance of losing and that means profit in their side. Just like businesses, gambling sites has their own strategies so that people would actively gamble in their site, right?
1336  Economy / Gambling discussion / Re: Will you gamble right after coronavirus outbreaks? on: May 06, 2020, 11:28:47 AM
There are people carrying the virus that are unaffected by it. That's the troubling thing. So I will just gamble online for a while Smiley

I think it is called asymptomatic.

Those people without any symptoms of the virus but have the virus are asymptomatic and they are the ones with high immunity when it comes to those kinds of diseases. This is a problem to health workers as they can't really identify these people but there are also some that say these asymptomatics are also affected by the virus like losing their sense of smell. This is the reason why we should not get out that easily or normally or even think of gambling in a casino since our enemy has no face and unseen while killing many people globally.

That's 100% correct and true, we cannot see our enemy, so going out in a crowded places is just like exposing ourselves on the virus.
Therefore, there's no way a casino would resume their operation if the vaccine is not release yet, otherwise, we will all suffer in the end,  the only time to gamble if after this outbreak but that has been a question until now since we have no idea when this will end.

I know right?

The government will not be allowing these casinos to function at these times, I guess they should really consider making an online casino or gambling site so they would continue to earn a profit and continue to give their workers their expected wage or payment. They are the ones affected by these and not really us gamblers.
1337  Economy / Gambling discussion / Re: Will you gamble right after coronavirus outbreaks? on: May 06, 2020, 10:17:52 AM
There are people carrying the virus that are unaffected by it. That's the troubling thing. So I will just gamble online for a while Smiley

I think it is called asymptomatic.

Those people without any symptoms of the virus but have the virus are asymptomatic and they are the ones with high immunity when it comes to those kinds of diseases. This is a problem to health workers as they can't really identify these people but there are also some that say these asymptomatics are also affected by the virus like losing their sense of smell. This is the reason why we should not get out that easily or normally or even think of gambling in a casino since our enemy has no face and unseen while killing many people globally.
1338  Bitcoin / Bitcoin Discussion / Re: What could be the effect of corona virus on crypto industry?decrease or increase on: May 06, 2020, 09:55:23 AM
Well, the effect of the corona virus is really huge, it gives a huge decrease into the whole crypto market, but I agree with you OP, that we might not see any more corrections deeper than what we previously encounter. Right now the current movement of the market is upward and this could be a good sign that the market is recovering and starting to prepare for the next bull run.

For me, it is not that huge, really.

It is true that the pandemic has an effect on the price of Bitcoin but I don't think it is that huge. If we are really seeing a huge effect on the price of Bitcoin then we should be seeing a huge price drop and at least now we should not see it recovering. But what happened is that the price drops and returned so fast to $6K and now it is $9K.
1339  Bitcoin / Bitcoin Discussion / Re: What will change in bitcoin If permitted by Sataoshi Nakamoto? on: May 06, 2020, 07:51:54 AM
1. I'll increase the Bitcoin supply to be pegged at possibly 30million and the date for the last mining will still be 2140.

I think 21M is just enough.

It is not really at 21M right now since there are some bitcoins that are lost or stuck in a wallet that no one knows the code is to be moved. The lower the amount is, the better for its value and I think that is enough.

2. Adjusting the Bitcoin Halving. The Bitcoin Halving is currently in every four years were the reward of miners is halved. I'll now adjust make it every  8years.

I think that would make it worse.

You are making the gap of these halving longer means more miners will be able to get Bitcoin before the next halving. Despite the additional 9 million, I don't think that would really help there. Satoshi Nakamoto is a genius, just think of it, no one really knows if people will really use it but despite that, he made it better so it would be programmed to be used until the future, the devs might misunderstand but I am talking about the halving.
1340  Economy / Trading Discussion / Re: What is good amount to start day trading is 100$ enough?? on: May 05, 2020, 11:16:50 AM
I wonder hoe much money have you loosed before get succeed in trades? Imo, $100 is to much for daily trading. You should take as much money as you are ready to loose, then you won't leave the idea of further learning for the next day.

But I guess this depends on how he is using that $100.

Maybe he is not investing that $100 into one, maybe he is doing it with other cryptocurrencies as well making that $100 being invested into 3 or 4 cryptocurrencies, right? I guess you could do that but I agree that as long as you can afford to lose this money. OP said he already lost $100 and $400 so that also means he can afford it.
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