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1361  Bitcoin / Bitcoin Discussion / Re: Impact of Bitcoin on: October 25, 2022, 03:31:04 AM
I went to the mall a few days ago and was happy to see it shine bright in my sight with only one stall of phones there. It's because it has a logo of bitcoin and said "Bitcoin accepted here".

It's gradually seen with the impact it's making and we'll see more establishments and businesses adopt it.

Whether they are small or big, it doesn't matter. What we like there is that they're acknowledging the use of bitcoin as payment and adopting it as is.
1362  Alternate cryptocurrencies / Altcoin Discussion / Re: Does new projects succeed in bear on: October 25, 2022, 01:23:55 AM
Stablecoins can indeed reduce risk for now, especially to protect assets from falling prices,
Do not forget that the price of stable coins are pegged to USD dollars and, note that the price of it is quite high.

One risk that you should consider now is that you'll convert into stable coins but it's possible that the value of it will drop in the near future. It's currently on its high and we don't know how long it's going to remain that.

But the scenario is if you're able to convert now at USDs price then you just kept it there, then in the future the price has gotten down, the whole value of your profit has gotten down too since it's based on USDs value.
1363  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: October 24, 2022, 11:59:04 PM
Indeed Mike Tyson is so ambitious and made me remember one of his interviews where he was asked who will he want to fight in the history if he will be given a chance, guess what he answered? It's Achilles, the Greek Warrior who was the brain and hero of the Trojan war. That's how ambitious he is and I don't think of any fighter or boxer who is more fit to answer that question. Tyson in his era is really one of the greatest and I do think that nobody would argue with that. Now, I think it's time to hang up his dreams because he already done enough, it's time to think of his health first and to take that wheelchair out before anything else.
Well, that's what he think and wants to fight since he's landed a question like that. I don't see anything ambitious with that since he probably have read a lot of things during the Trojan War and he's caught amazed by Achilles.

There could be other boxers that would say to answer if they're asked if they wanna fight against Goliath, they would answer it confidently with a yes.

As he's suffering right now physically and mentally, we just want the best for him and praying for his complete recovery.
1364  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: October 24, 2022, 11:28:01 PM
Actually, everyone is aware of what's the best thing to do but the execution of the process is really hard.
This reality should sink in for most. The strategies are there and ready to be applied but when we come into the actual thing, that's barely met and followed.

It's true that executing or applying it is harder in that process because we thought and claiming that it was an easy thing. But another problem might exist upon doing it.

And that's why people are telling you whatever is working the best for you, you keep that and continue your way by determining what works easily.

There are plenty of strategies that we could learn but not all of them would apply to us. We can only be a single strategy that would fit our target profit and the period that we want to trade.

Some traders prefer applying only the basics which is to buy low and to sell high but you can make things more effective and efficient if you'll learn continuously and be knowledgeable about technical analysis. If you can read the charts, you'll have an idea about your next move.
The basic is actually the best one.

But those that want to expand their knowledge and to experience it, they can choose with the variety of strategies that they can see from other traders.

Reading the chart is part of it and that's the next step from being the basic trader, it's a step up to learn how to read the charts and then so on learning the more complex strategies that requires more time.
1365  Economy / Economics / Re: Flood causing economics crises on: October 24, 2022, 10:58:07 PM
Yes.

Imagine those transport of goods that should be on the right time for delivery

Flood causes food shortage and wastage. Farmers especially farmers planting perishable goods are at high risk here. Transporting their farm produces become difficult and this may lead to the spoilage of the products.
That's true and also don't forget about the destruction of their fields. That's likely to happen when there are floods unless they're from a high area which won't be reached by those floods.

If someone will just look at it, it seems that there's no impact at all. But think of it if that happens to many farmers and other people that are transporting goods and are part of the business.

There's a massive cause that's being affected by the floods.
1366  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: October 24, 2022, 10:27:16 PM
Actually, everyone is aware of what's the best thing to do but the execution of the process is really hard.
This reality should sink in for most. The strategies are there and ready to be applied but when we come into the actual thing, that's barely met and followed.

It's true that executing or applying it is harder in that process because we thought and claiming that it's an easy thing. But another problem might exist upon doing it.

And that's why people are telling whatever is working the best for you, you keep that and continue your way by determining what works easily.
1367  Economy / Gambling discussion / Re: A disheartening true life winning story on: October 24, 2022, 09:56:17 PM
Yes can if this guy have a proof and the law court in his country are fair. Before you play on an online lottery, you must to be a research the site to see if they have proof of payment of the winner's. I personally have never experienced it in an online lottery, because I always research before starting. So If I win they always paid, maybe the amount of wins is also small.
He's got the proof and that's why they've tried to pay him lower than his winning amount. The court should really be fair on this one and they shouldn't be bought out by the casino.

There are many silent cases like this that they're forced by the casino to pay little when they think that the winner has won it cleanly and legitimately.

This case is different since the winner can spend that much and willing to spend his time and money for it. Good luck to him and hoping that he'll get his outright money.
1368  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoins and Memecoins on: October 24, 2022, 09:25:19 PM
Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!

What are Shitcoins?

Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.
I didn't noticed that.

Are they making some gains right now? AFAIK, they're only good when the market is in bull run but not as of the moment. It seems that there are still hopefuls for the shitcoins.

Well, just a tip.

That only invest what you can afford to lose with that genre of altcoins.
1369  Economy / Gambling discussion / Re: How does betting on exhibition matches even work? on: October 23, 2022, 11:50:20 PM
but more confusing is why someone still wants to buy tickets to watch the match.
That's a strange thing but it keeps happening because both those who bet and those who watch think it's entertainment

It's because they want to see their idol, the athlete that they're looking up and it's such a precious moment for those fans that wants to watch the match.

It's an exhibition and mostly, it's for the entertainment that they are aware of upon availing that ticket. Whilst for those bettors, it's something that they usually do, exhibition matches or not.


Indeed! These famous fighters whether if it's a boxer or UFC fighters are just using their fame to collect money from their fan bases. They are just taking advantage of the situation while they are still known and can attract audience. Also there are organizers around the world who would like to risk millions worth of fees just to get that boxer perform in front of them, in this instance, Floyd Mayweather's recent fight.
It's also a thing that they might be enjoying to do.

As for Floyd, I think that he's liking those quick money that he's getting from such fights without risking himself into training more and doing more hard work.

It's fame and money on him and that's what he's doing with all of these offers to have a fight. It's a quick paycheck and easy money on him and them now because of the hard work they did years ago building their reputation.
1370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alters for Next Bull Market on: October 23, 2022, 11:18:19 PM
Yes ... btc is the right investment choice, after we get income from other Alt. Because after all when we choose to invest in btc, this means we believe that btc is the right instrument for long-term investment. Therefore, please buy and sell against Alt, then after you get a profit, your choice is still btc
It is the common strategy that we do and telling to the others to do the same.

But it's no longer a secret that many chooses to let their profits sit in into other altcoins because they've got the mindset that it will grow more than what's expected with bitcoin.

Long term investors understand the importance of having bitcoin in their portfolios so do we. But the impatient ones, will try to look into those quick profiting altcoins but results oppositely.
1371  Economy / Economics / Re: Flood causing economics crises on: October 23, 2022, 10:45:18 PM
Flooding is fetching a lot of economics crises because we experienced big flooding this time around. It damaged a lot of things like rice farm, properties etc. It is factor that affecting economy
Those are some of those livelihoods that are devastated by floods. But there's an interconnection of it with so many and other industries when floods have been taking those fields.

Is your country currently experiencing a major flood? Because my place is still very safe from flooding and the general economic cycle is still very smooth and has no disturbance at all. This is because the government is still very concerned about dealing with natural disasters that can come suddenly when the rainy season is over, because during the rainy season there will often be flooding if the water disposal is full and makes the flow of water not smooth.
It is nice that you're living in a flood-free area. It's true that it's also going to start with the initiative of the government to make flood control projects so that it won't be a burden to its constituents.

But sadly, not all governments are too concerned with this matter because they're living to the reality that many have been used to these experiences of going with the flood.
1372  Economy / Gambling discussion / Re: 2023 NBA Season on: October 23, 2022, 10:06:18 PM
Jokic is an insane player. But is he overrated or not? That's another story.

Jokic is a talented player and he can provide really effective stability in the attacking phase. If you look at his stats, you can tell that he is a really capable player and that his passing is one of the most accurate in the league right now.

But when it comes to defending, I cannot say that he is insanely competent. Now I know that Jokic has won the MVP award two times back to back. But still, I don't feel he is a really good player when it comes to defending.

A simple conclusion. Looking at what he is doing in the attacking position at the moment, I have to believe he is one of the finest. But when it comes to defending I think he is a little overrated.
There are certain areas where players like him are good at and with what's he's got right now, there's still some room for improvement like the one that you've mentioned.

No doubt why he'd won the MVP and it could change for this season and it's just a matter of satisfaction whether we'll think of it as someone capable of this and that specifically.

But with what Nuggets now and having him is a really great asset for the team.
1373  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will ethereum be profitable anytime in the future? on: October 23, 2022, 09:34:55 PM
Ethereum now and then is the leader for the entire altcoins. It stands next to bitcoin in all means. Ethereum can't be mined, but the algorithm over which the network runs is quite effective than many other blockchain.
And the reality is that even the market is very volatile and there could be other technologies that might replace Ethereum as what are others thinking about.

The foundation that Ethereum has set to its entirety is hard to beat and that's why if it's relative to its profitability, we can say that it's still profitable even it has changed its consensus algo in a pos.

The rich will be richer with that algo and that's why many have invested heavily on it.
1374  Alternate cryptocurrencies / Altcoin Discussion / Re: Are privacy coins already dying on: October 23, 2022, 08:39:38 PM
I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation? Also privacy coins have bad performance compared to other altcoins, what is going on? Can privacy coins survive on the long run?
It is because they are tracked by the government and also being delisted in exchanges and that is why they seems unpopular these days.

Many of them are also no longer being noticed just like the altcoins that eventually have loosen their popularity overtime due to bear market.
It is fair to say that Monero, even without investor interest or any news about the project, is performing very well in this bear market. The coin is now worth over $150, which as a percentage is much better than other projects. This may indicate that the project has credibility with buyers.
And it's the number 1 target of those trying to remove it from exchanges. About its performance, I can say that it's a yes that it's still performing well despite of that.

This is the most popular privacy coin and that's why there's a good volume that's never gone on it despite we're in a bear market. Whatever is causing it to be at good standing is probably the normal cause of supply and demand.
1375  Alternate cryptocurrencies / Altcoin Discussion / Re: Are privacy coins already dying on: October 22, 2022, 10:47:55 PM
I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation? Also privacy coins have bad performance compared to other altcoins, what is going on? Can privacy coins survive on the long run?
It is because they are tracked by the government and also being delisted in exchanges and that is why they seems unpopular these days.

Many of them are also no longer being noticed just like the altcoins that eventually have loosen their popularity overtime due to bear market.
1376  Economy / Gambling discussion / Re: Faucet and Bonus Farming on: October 22, 2022, 09:10:17 PM
I have seen more than 2 casinos locking user accounts for this action, and is it really the users fault?

If the users claims tons of faucets or bonus is because the casino engine allows it, and if the casino is losing money with this action they should fix their code to avoid this problem and not steal users money.

The casinos sets the rules of the game, and if a user is smarter enough to find a way to make profit with those rules then they shouldn't block users withdrawals.

So, what do you think about this?
I agree, they should be the one to find at fault when a user tries to do it repetitively as seen in their system. As long as it is clean and there's no abuse that's being done, they should allow that since they're the one giving faucets and making bonuses.

If they don't like the outcome of it, they should just give notice that the user shouldn't be eligible anymore for any of those features. And as they give that notice, they should give the reason and it should be justifiable.
1377  Economy / Speculation / Re: Cryptocurrency is silent why? on: October 22, 2022, 02:36:10 PM
Right, the majority of airdrops currently are scams, in my opinion the best airdrops are from coinmarketcap, I've been a winner several times even though I only got $ 5 for 1 program,
Well, it's not an exception because no matter where is the source of the airdrop, it can turn into a scam at any time.

and now I have stopped because the airdrops competition is no longer fair, participants can reach more than 100k while the winners only 1000
There is the new trend of airdrops these days. It's not literal airdrop that you've got nothing to do but it's like the test nets that I'm starting to see where flocks of testers are coming.

Although, you may have no idea what the result will be but if the project is a success then the reward that they will distribute could be a huge chunk of what you may receive freely after the task.
1378  Alternate cryptocurrencies / Altcoin Discussion / Re: Usage of Blockchain technology on: October 22, 2022, 12:04:03 PM
That's actually a good use for blockchain and there's more. It is that most governments are still thinking that it won't be into a good use for trying out this technology.

Another country that sees good use of blockchain and will do it is South Korea[1].

[1] South Korea Aims to Boost Economy With Digital ID on Blockchain
1379  Economy / Gambling discussion / Re: How does betting on exhibition matches even work? on: October 22, 2022, 10:20:03 AM
but more confusing is why someone still wants to buy tickets to watch the match.
That's a strange thing but it keeps happening because both those who bet and those who watch think it's entertainment

It's because they want to see their idol, the athlete that they're looking up and it's such a precious moment for those fans that wants to watch the match.

It's an exhibition and mostly, it's for the entertainment that they are aware of upon availing that ticket. Whilst for those bettors, it's something that they usually do, exhibition matches or not.
1380  Economy / Trading Discussion / Re: Best Strategies for Trading. on: October 22, 2022, 08:58:46 AM
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
As for newbies, DCA is the easiest and most basic strategy. But if you want to know more of the strategies, coming from basic to advanced. Here's an article[1] that could give you the idea about it.

[1] https://cointelegraph.com/trading-for-beginners/a-beginners-guide-to-cryptocurrency-trading-strategies
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