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1361  Economy / Gambling discussion / Re: Gambling effect to husband and wife on: January 11, 2020, 03:15:58 PM
Well, its just my observation though.Going back on topic where its normal for our wife to seek out for our income.

Yes, it is normal but we also need to have some money for ourselves and for enjoyment. We accept the fact that if you're married, you a family to live and help them survive everyday. But you also need to entertain yourself to prevent stress that includes your own money. Although, your family can also be a source of happiness for you, that maybe enough. But I guarantee you that you will seek more content on the things that you're used to like gambling.

Our wife needs time and caress and if you do consume all of your time either on online or offline gambling then its just a normal
reaction.

That's not a normal reaction because our wife should not feel that way. Always prioritize your family before anything else, they're the one who are always there for you whenever you're down. The gambling will disappear and vanish, but your family will stay with you forever no matter what. Moderate gambling will do just to have some fun just to control your salary.
1362  Economy / Trading Discussion / Re: Full time trading is boring on: January 11, 2020, 02:49:26 PM
Why not do bot tradings ?
There are quite reliable bot tradings out there that's certainly profitable with more improve algorithm. My friend recommended me one of those i just forgot the name of it.
If ever you find one, just make sure that has good reviews and proof like testemonials.
Do you mean Gunbot or CAT bot? Both of these bots are quite popular on this forum.
By using bot in trading, it won't increase your chance of win, it will be make you trade by automatically in 24/7 according your setting too

Well I'm using a bot for my trades before but actually I'm not impressed with the result since even if there's a guide still It doesn't guarantee anything since it will depends all on your luck and what you set for the certain day. And for now I'm not using it anymore since I think doing the trades manually is the best choice since you can monitor the market and learn the ups and downs of it.

You will not use the bot for a full time used that's why it is only made for you to have transactions in trading without your actual control. Don't expect a 100% profit or outcome because it is an AI or automated trading bot and you can't control it whether the bot is doing right. You're only the one who manipulates and check if the bot is doing fine or if not you can also change its strategy if it is not effective in that certain circumstances.
1363  Economy / Economics / Re: Question about inflation and debt. on: January 11, 2020, 06:59:58 AM
If a random country is in debt, is printing money a good way to pay it off at the expense of the citizens?

For example, lets say you owe an entity $100. If you print an extra $100 bill you pay off your debt, but unbeknownst to the entity the $100 that they lent you is now worth less.

Would the barter system be a good way of combating this?

No, it wont solve out the problem but rather it do worsen up the economic state of that random country.It isnt a valid reason nor does have a sense
just because of the plan on paying up the debt.We have seen the worst when it comes to inflation and no government will tend to go with that option.
We wont surely go back to that barter system and i dont see on how it would be relevant unless if there would be no option left/entire banking system failed totally.

That's not a solution for a wide economic problem in a certain country. Producing more money is not the answer and will not help solve a country in debt. In a sense that, producing more money will lose the value of a price of a certain thing. In other words, it will lose the value of money. If there are a lot of money and all of us have money then, what's the sense of having it and paying other people when they don't need it already? The government should make their own way on how to overcome inflation.
1364  Bitcoin / Bitcoin Discussion / Re: China & The Bitcoin on: January 11, 2020, 06:26:34 AM
You can consider that the hasing power from China is bigger than everything else because it's the most overpopulated nation from everyone else.

Therefore you will have more people doing "stuff" for cryptocurrencies than on other place.
Not only that but their economic growth and technology involvement is way bigger than any other Country.

Based on those points you get your answer on why hash rates are bigger there.
Also making some laws against bitcoin or any other crypto doesn't relate the fact they can or not do hashing.
I don't think it's just population. It's also cheap electricity at least. There are other countries which are quite populated but far behind on Bitcoin adoption. Adoption is not evenly distributed between countries based on their population. In Ukraine the adoption rate is particularly small, and in India it's quite low compared to its population.


As for the op's question, I think that China does what it has to do to maintain control. Thus it can be rival to Bitcoin, but careful not to impose such bans that would destabilise the region. Moreover, it seems to be taking "Blockchain but not Bitcoin" approach, so to speak, judging by relatively recent statements from the officials.

When it terms of Bitcoin, China really always want to become superior on any aspects. They are against bitcoin and cryptocurrency because they want to create their own cryptocurrency. China is very money-mindness because of their culture which is they focused on in their country. So that's correct that they're taking the blockchain approach because they know that it will really help their economy grow. China government also want to control their people's money, so they want to decentralized the cryptocurrency on their own, to manipulat the poeple's money.
1365  Local / Pilipinas / Re: Bitcoin will replace money sa aking palagay ganeto ang mangyayari on: January 10, 2020, 01:04:12 PM
Ang reaksyon ko >> imposible.  Unang-una  hindi papayag ang gobyerno na ipalit ang Bitcoin sa national currency dahil sa distribution nito.  Pangalawa, walang control ang gobyerno sa Bitcoin at ayaw na ayaw ng anumang authority na wala silang control sa isang bagay.
Oo, napakalabong mangyari niyan dahil ang bitcoin value ay pagbago bago.  Maski sinong tao ay walang kakayahan controlin ito.  Kung ano ang currency na meron ang bansa natin ay mananatili lamang ito at hindi hahayaan ng gobyerno na maging official na pera ang isang cryptocurrency.
Siyempre mahihirapan din ang gobyerno na mangurakog kapag cryptocurrency na ang gaing pera natin,  maraming bagay ang paggamit ng cryptocurrency dahil napapadali nito ang bawat trasanction na ating ginagawa through online pero mas maraming bagay ang gamit ng fiat o ang pera natin mismo dahil ito ang ginagamit ng tao sa buong bansa kahit walanh internet connection magagamit ito at sa iba iba pang ways.

Pero sa isang banda, kahit saan mang aspeto digital man o hindi, pagdating sa pera, ang mga politiko or gobyerno ay patuloy parin mangungurakot dahil sa pagabuso nila sa kanilang kapangyarihan. Dito sa Pilipinas, hindi na mawawala ang mga politikong tulad nyan. Hindi magiging national currency ang bitcoin sa kadahilanang marami pang issue ang napapaloob dito tulad ng presyo nito sa merkado. Alam naman nating pabago bago at hindi nito matutumbasan ang perang nahahawakan kumpara sa isang digital na hindi man lang palagian. Mabuti pa ang ginto na maaaring maipon o itago at matatag ang presyo kahit gaano man katagal mo itong hindi gamitin.
1366  Economy / Gambling discussion / Re: FootyGuru365.com Feedback on: January 10, 2020, 11:14:59 AM
Site looks OK & simple.
Curious to know where  the "bets of the day" are picked from. From other gambling sites? How about "Go Pro To Unlock"? A paid plan?

Quote
We do expect it to win at least 75% of the time though.
This sounds too good to be true. Does it work for anyone?

I tried it already and it is user-friendly, easy to use and easy to understand so that you can place your bet comfortably. You don't need to read information about the site, although it is still necessary, but you can manipulate it or be used to it on your own. Maybe the bets of the day varies only on that particular website since it is stated or posted in itself
1367  Economy / Trading Discussion / Re: Bot trading domination: Time to panic? on: January 10, 2020, 10:13:26 AM
The subject of this thread is kind of absurd. It is somehow like "the market is dumping: time to panic?" I mean, why panic? Is that even an option? What now if the trading platforms are dominated by bots? Is that something new around here? That has been the reality even before. Furthermore, they are not as brilliant as a trader who does the trading manually. In fact we can manipulate trading bots more than they can manipulate us.

perhaps of concern is the effect of increasing the use of bots with more accurate algorithms. in fact the bot currently still has a weak point and cannot respond to all conditions automatically, it is still limited to tools that cannot handle strong swings, if the bot is not proven to interfere with other stock market activities that are clearly quieter than the crypto market, then there is no need to panic.

Not only are bots failing during swings, they also lack the capability to analyze. They are used according to the limits set by the owner which means that bots are doing what the owner thinks is the best move. The problem is that the market is highly unpredictable. Not even bots plus the owner can predict what happens next in the crypto market.

Bots are preprogrammed to create predictions, always rely on your specific decision. Making a good moves is dependent on how you initiate a smarter trades, when market starts to increase a potential gains. Doing it physically is much better than virtual strategies.


I have always agreed to this. Doing it manually is much better. There are those experts in the use of bots. Well, they must have found the best ways to handle a bot. And they are full time traders. They know better how everything works. As for me, however, it seems bots are too limited I cannot make the best out of them. When bots try to compete with my order, I let them be. It is a waste of time to fight it out with them.
I think instead of flexibility trading generally requires a lot of discipline which is really difficult to maintain along side human emotions which is why bots are growing. Doing manually may give you chance of changing your strategy but truth is 80% of times you lose because of not sticking to your strategy.

I would have to agree with this. I admit that in terms of sticking it out with the strategy, humans are weak. Bots are much better. Sometimes the analysis is good, the figures are already set, but when the pump finally came and the green candle is rising, the 5% target suddenly changes into 10%. And that is where many are lost.  

But humans are more complex and very flexible. He can make his own decisions that will be good for him. Bots are automated and it will just continue to so it even if it is already not good for the users. The user himself can still manipulate the market although it is not consistent. But the thing is about making good decision for the benefit of himself.
1368  Economy / Economics / Re: What is safe asset? And If USA dollar weakining what is Next Fiat? on: January 10, 2020, 08:06:54 AM
There's no safe asset everything is at risk in having a recession just like what happened in the great depression where the cost of living was very expensive because of the USD collapsing. All we can do is migrate to a different investment to avoid loss, like for example gold its the only asset that doesn't have any huge volatility or bitcoin and crypto currency with innovative technology but has huge volatility.

Probably, all of the coins are not that safe to hold and you're not certain that its price will increase as time goes by. Because the best example of that is bitcoin, it is not certain to make you rich in 3 or 4 years. Maybe after 8 to 10 years its price reach $10k or up but that's still not sure. So if you invest for something, you should accept and take a risk that the day will come when you will loss everything or make a profit out of it.
1369  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not being sold for $24,000 in Iran on: January 10, 2020, 06:29:27 AM
Meetup in Iran to sell the bitcoins ? No way. No one will risk their lives to go to Iran for this purpose when Iran is at the edge of the war and the drones attacks are already being fired there.
Life is more important than the price of the bitcoins.

Tbh these attacks being or orchestrated are being carried out as intended, likely with precision accuracy.
If you had the balls to do it you could probably sell bitcoin for cash somewhere safe like a restaurant in the city centre or a hotel & do it safely.

No matter how you do it safely, it is still dangerous because the military in Iran are spreading in any of there locations. Most of their places are secured. So probably, you will not be able to do the transactions anywhere. But if you will do it in a certain house, that's is your privacy but still it is not safe to travel outside the house. Most especially, there's a conflict between US and Iran because of the General that was killed. Maybe they are focused more on war and killing, so do not risk your life for the sake of money.
1370  Economy / Gambling discussion / Re: Looking for site with good soccer prediction for free! on: January 09, 2020, 05:28:50 PM
Perfect i have something for you mate.  And this app is called match 365 and its totally free and in fact you will receive 100 mc  balance immediately for signing up only.Its a soccer prediction online mate and available on mobile device.

That's just their way on how to persuade people to sign up and use it. Although, most of the apps are doing that but there's no problem if their service or that app itself is functioning properly. Good thing, it's free and there's nothing wrong in trying it.

 But the question is if it's still legit nowadays.  Because ypu know when theres a legit application in playstpre ppl always cheat until the devs always decide to shut down the platform..  But just give a try..

That's the problem of because it is free to use, some of the people will do anything just to lift up themselves. No matter how legit it is, but if the people who uses it has something to do with fooling people, it is useless. So always look for a long term online soccer prediction with a good service. I recommend predictZ and i don't see some problem using it for a long time.
1371  Economy / Trading Discussion / Re: Curious for places for trading Crypto on: January 09, 2020, 04:58:33 PM
I’m rather new to trading crypto and I seem to be looking for places to trade crypto. I really don’t know where to trade and there are many places that show up in ads wherever I go on the Internet and I really get overwhelmed by all these places. Do you guys have any suggestions on where to trade, because I don’t and I really want to start trading

No need to rush. The fact that you are confused about choosing a trading platform (which is obviously normal for newbies), I suggest not to focus there for now. Learn the trading basic, understand the risks involving trades and read some stuff. You will soon head to the actual trading. While learning, you will across too to some of the most preferred trading platforms of anyone.

The reason is, you will be confused more about what to do even we suggest a trading platform here. It's better to at least have some knowledge first. No need to study all the trading stuff, basic is enough. Then if you think you are now ready, that's the time now to test the waters doing trades.


When you're prepared, ready, and knowledgeable enough, then try to have some trading platform. I suggest you to use Binance because it is very user-friendly. It has a lot of features that are very helpful and easy to utilize and you account and wallet will surely safe and secured. Trading is easy but you should become wise decision maker, do not let other people fool you. Don't trust easily that it can result to a huge losses, and before you trade, you should always plan your next steps and your goal. Applying your knowledge is a must and if you gain a lot of experience, you can now correct your mistakes and improve your trading skills to gain more profit. It's easy as that.
1372  Economy / Economics / Re: Iran/US tension's effect on crypto and economy ? on: January 09, 2020, 04:29:50 PM
The recent Iran-US war like situation has already pumped up the oil prices and it has shown an postive effect for crypto and bitcoin as of now but how will this affect the national economy of other countries if a war breaks out?  Who will suffer most and where will this lead our economy as wars always leads to inflation.
I think Cryptocurrencies would definitely get a boost due to these tensions. Usa despite of being most powerful army in this world has done a somewhat non civil act in Iran and this world is viewing this as an ignition to world war 3(atleast what the meme suggests). In such a situation no country would want to trust their governments for anything leave currency. Bitcoin which is the currency without any central body would be considered as a safe heaven in such a case not to forget that many countries could also pump their war funding in Cryptocurrencies. So a war tension would definitely boost Bitcoin.

The conflict between the two countries will increase the demand with arms and weapons of massive destruction. A country may use cryptocurrency to purchase those things and we all know that the crypto have potential currencies that can cause wide economic growth. But when that tension continues and the war happened, whole world will be affected by that. Economy will deflate because of destroyed agriculture that the explosions brought to a country. Government should be careful to keep their economy healthy and focus on their own country, not on the war that will only bring harm to the people.
1373  Bitcoin / Bitcoin Discussion / Re: Thoughts about Bitcoin adoption on: January 09, 2020, 03:46:22 PM
Pay in store with Bitcoin can happen but you should undenstand that this have very volatile price so there's a risk if you use this still i think some stable coins can be like useful and helpful in store(grocery) so in future adoption of cryptocurrency will grow by this so just wait i'm sure that will happen because this brings so much convenience

That's right. Perhaps, we can use the other coins which have low volatility, so we don't have to worry about spending too much amount to pay something. Using the other coins, we don't have to use bitcoin for the payment method, but we can use bitcoin as the investment, which will give us a profit. I am sure that in the future, or from this year, the adoption will grow, and I guess that we already saw that the adoption is already happened since a few years ago. But with the bitcoin price increases, that will make people open their eyes to see that bitcoin comes to give them new hope to make money.

It can also be a part of a lifestyle, using bitcoin can be in our lifestyle like paying using this in some transactions. By that we can more advertise or promote bitcoin. Although simple thing involving bitcoin can be a big part in spreading bitcoin in our community. Adoption takes a lot of time for it to become natural and normal for the people in a certain community. It will surely grow if it is used in some other factors not only in paying. Trading also helps to share bitcoin. Communicating, sharing and understanding the advantages of the bitcoin in the economy is also important that it gives you way to gain more money.
1374  Local / Pilipinas / Re: Uri ng wallets , gaanu sila ka safe on: January 08, 2020, 08:02:14 AM
Marami talagang uri ng wallet at ang madalas gamiting ng mga user ng crypto sa paghohold ng kanilang mga coins ay ang online wallet lalo na ang coins.ph na sikat sa Pilipinas dahil sa dami nang features nito kumpara sa ibang wallet at masasabi ko naman na ito y safe dahil need ng code bago mabuksan ang wallet na manggagaling sa email or mobile numbers mo pero walang 100 percent na ito ay safe kaya dapat gumamit ng iba't ibang wallet.
Uu sobrang safe talaga sa coins.ph na wallet nila kasi ikaw lang talaga ang pwedeng maka open tulad ng sinasabi mo nang hihingi pa ito ng codes kaya hindi basta2x ma open. Gusto ko rin subukan yung hardwallet kasi sa dami ng nagsasabi na safe raw ito at di ko pa alam if kung may nagbebenta pa kaya ito dito sa aming lugar kasi sa tingin ko parang wala naman at parang wala pa alam sa crypto.


Pero hindi ba may bali balitang marami raw ang nakakapasok na hacker sa coins.ph kasi may nabasa akong forum tungkol dito. May nga ilang gumagamit ng coins.ph ang nawawalan ng pera sa hindi nila malaman na dahilan. Hardwallet ay ang pinana mabisa para saken dahil sa security nito na hindi agad agad napapasok ng mga hacker. Pagiging safe sa hacker ang isa sa pinaka kailangan na meron dapat ang isang wallet.
1375  Economy / Trading Discussion / Re: Is Crypto Pump Island a scam or legit? on: January 08, 2020, 05:24:13 AM
hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
no, please. Never join these groups unless you want to lose money. These are whale groups that have been around for a long time and they specialize in pump and dump coins. Their purpose of creating this group is to deceive people, want people to buy lots of coins they choose to and then they will sell coins to you silently. In 2018, I participated quite a lot in such groups and most of the people exited the group when the account was at zero. You should know that money is never easy to make and no one gives you a free signal, it's all a trap.
There are many warning signs when joining those groups but what I do not get is why newbies invest all their capital in a coin that someone recommended to them? If I was a newbie I will only use a very small amount of my capital and when I realized that I have been deceived I will be mad about the loss but I could easily make that money back since it was such a low amount and I will consider the amount lost as a valuable lesson about what to avoid so I can keep my money.
I believe you are saying this because you're well aware about what crypto investment entails because if you're actually a newbie you'll also join and invest in the coins approve by the pump and dump group because the hype they use to deceive people is somehow unique.

I think because they also want other people to stay hype and fool other people around. When it comes to money, people are so soft and easy to trust other people without even knowing them so much. That's why they are the one who's prone or vulnerable to scam. But I think that crypto pump island is some sort of a scam to those beginners here in cryptocurrency. Because they don't know how to determine if people are true or not.
1376  Economy / Economics / Re: Your Views: Which Innovative Ways Government Might Use To Expand Crypto Use on: January 08, 2020, 04:13:46 AM
The major thing that government should do is to address the issue of cryptocurrency scams.  This is the worm that is slowly eating up the success of cryptocurrency.
No matter the innovativeness of any technology,  if the issue of scam is not addressed,  it will deter mass adoption.
Government should drawn upon scam in it entirety,  and sanction platforms which allow the promotion of scam crypto projects. This is my take

I agree with your views but hypothetically speaking if those issues and concerns you mentioned were already factored in, how would any government implement a strategy on making crypto adoption by masses?

I think the advertisements about crypto will do also, Youtube should stop shutting down crypto advertisements in their website because it will really stop bitcoin from spreading and many people will not experience and understand the benefits of using crypto. Billboards are also a massive effect for the bitcoin to become know and popular in specific community that is open for another type of currency, specifically, cryptocurrency.
1377  Bitcoin / Bitcoin Discussion / Re: The reason behind creating Bitcoin. on: January 08, 2020, 02:36:48 AM
In 2008, there was a huge economic catastrophe in the world. Some banks conspired and deliberately caused this economic disaster. This is why many people were financially disadvantaged and lost their trust in the bank. I think Satoshi made bitcoin to save people from this disaster. That is, Satoshi has created a currency where there is no third party. There will be no central bank. No one can control it. Customer to customer transactions can be done. While Bitcoin has no controller, no one will be able to intentionally disrupt its finances. Bitcoin introduced a new horizon to the world's economy and freed people from this economic catastrophe.

So I think this is why Bitcoin was created. Is that the only reason? Or are there more reasons? What is your opinion?

Well one thing about bitcoin is that it was meant for the people. Whether satoshi's real or not, i think the creators wanted to have an alternative to the current banking system where everything can be controlled and manipulized but people in the higher ups. Bitcoin removes that. Though the more bitcoin's value rises, the more it strays away from it's original uses.

Maybe because they want to make life easier with a digital money to use in everyday lives by paying btc in transactions. Bitcoin can potentially evolve and develop a country's economy because of its capability of becoming a country's currency. It is also a possible alternative to fiat so that you can have a safer bank although its price is volatile but can be preserved and wait for a higher price.
1378  Economy / Gambling discussion / Re: Sports betting strategy. on: January 07, 2020, 05:12:40 PM
Here is my strategy, I am expecting 2% per day, starting bank roll = 0.02btc. I will be attaching screen shots of my bets each day. 
https://imgur.com/wkDh1Cx
Your bankroll is too small for 2% per day.. I am confuse a bit, you are expecting 2%, is that a profit? because I assume you only risk 2% of your bankroll daily, so you'll be able to last.

Actually the best way to make money in sports betting is through a long term journey, but like what I've mentioned, 0.02 btc is a small bankroll, that amount is only good for some experimental betting as I am sure you'll never be satisfied with the profit you will get from your 0.02 btc bankroll.



Edit : I find that you have a big number of bets in a daily basis, that is not recommended IMO.
We need some prior knowledge to make strategy in sports betting. We should look the every status of what sports we want to bet in to know the moves we should do. Many people are expecting a lot in sports betting that in this way, they will earn money through effort and waiting on chart. Decision making is also need before performing some activity because we don't know what will happen next.

In order for you to have more strategies in sports betting, you should seek information or watch news depends on the type of sports you want to play. I'm interested in basketball so I always check the standing and reports about a certain game to know their ability to win a game that you will place a bet on. For example, Milwaukee Bucks is the no.1 in Eastern Conference. Therefore, it has a bigger winning percentage and because of that I will place a bet on that team. It's just easy as that. Using that 0.02 btc, just try to explore and get some experience using that amount in your bankroll, that amount will do.
1379  Economy / Trading Discussion / Re: Buy bitcoin with credit card on: January 07, 2020, 04:38:44 PM
What's the difference between buying Bitcoin from a crypto exchange and from a crypto wallet (except fees)? Huh

If you can buy crypto - it is always exchange/market. Depending from exchange, you might have your own wallet address assigned to you only, or shared with some other users. On some exchanges as well you may be allowed to receive crypto transfers from other wallets (just like on a typical wallet), while on other exchanges you can just buy Bitcoin online and send it to another wallet.
 

It is a risky idea if you try to do it now, although it is an investment and you're not certain that you can pay it easily. When we talk about the difference in crypto exchange with crypto wallet is that the exchange is the switch from a certain currency to another currency. For example, the bitcoin, you can exchange it in to dollar. While the crypto wallet is you personal digital wallet that you can use in many transactions. It contains your address so that during transactions, money will be directed to your wallet and not in another wallet.
1380  Economy / Economics / Re: Can demand from an isolated market like Argentina drive up the BTC/USD price? on: January 07, 2020, 03:32:01 AM
If the country has large trading volume it could affect the prices immediately but if its minimal then definitely the market won’t feel the change. We should also consider who are those Argentinian adopters probably mixed and the majority are common citizens.
that's right,no matter it come from isolated countries or developt countries as long as their community have huge trading volume it could drive bitcoin price.the think that needed for crypto market besides sentimental was trading volume ,if any countries could issue good policy it will support market movement.except china and korea  their community really needed for crypto market development.

And it depends on the population of people who uses cryptocurrency. Not all people in Argentina knows how cryptocurrency works and how important it is to help the economy grow. Trading volume is also a factor because it will help the bitcoin to spread and create how chart moves because of the records and transactions that was performed. Being an isolated country is good for the adaptation of bitcoin.
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