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1421  Economy / Economics / Re: Do Not Pray for an Economic Crisis! on: July 16, 2020, 10:57:30 AM
And as the charts have shown, I believe that the crisis is fully maintained by our lovely government (except some countries in the West). Hard to believe that they are still struggling to find a solution for this pandemic, especially when their people don't want to corporate. Finding the vaccine is the only way to stop the riot and chaos. And I do have fate in our doctors and scientists, they are really the best of the best who will do anything to save humankind

Not all governments are telling the truth, not all governments are responsible on handling and protecting its people against this Covid-19 pandemic. Our government here is not allocating the proper budget for this pandemic and all they do is borrow budget and funds from huge organizations even the World Bank. That's why we're in a huge economic crisis and at the same time, in a huge DEBT.

Much worse is that our government here is not that worrying about this pandemic and they are prioritizing other issues, specifically, political issues. I'm still waiting for our government to have a precise and effective approach to help our economy recover and become stable even if this pandemic is on going. Their implementation of GCQ and allowing businesses to operate is not a good decision as the number of active cases is still increasing. We are all rooting for our government to fight economic crisis with all they can.
1422  Economy / Gambling discussion / Re: [Opinion Needed] What do you want to see in a gambling site review? || 2 on: July 15, 2020, 01:05:45 PM
1. Deposit and withdrawal experience
3. License
4. Verifiable Provably fairness in results

These three features are the most important to me, it will make a gambling site much trusted and people will try your platform if the review included those three.

+ License is one of the most needed or required to verify if a gambling site is really trusted and supported by the authorities. If a gambling site don't have any license, then you should doubt their platform.
+ The deposit and withdrawal experience should be seen in a gambling website review to see how fast and how convenient those transactions are so that it is less hassle for the customer to acquire his winnings or to spend more money.
+ Fairness in results is what most of the gamblers are looking at so that they will not feel any biased or unequal about the outcome in a specific gambling game that the customer played.

I am newbie in gambling so that's my tiny list of information that I look for. Experienced gamblers will be able to provide you with more insights.

That's normal for a newbie, to look for a reputable gambling where he can become comfortable accessing it. Just continue to watch more gambling site reviews and don't hesitate to try them so that you know how it works and how it really feels to play in that certain platform.
1423  Economy / Trading Discussion / Re: Binance compared to other Crypto Exchange. on: July 15, 2020, 12:32:11 PM
I have not used Bittrex for a long time, probably about a year, so I do not know how the exchange looks now and whether its functionality has changed.

But I always liked Binance Exchange more, although earlier its design was inferior to Bittrex, but they fixed it. As for the functionality, Binance has always been an advanced exchange in this regard, almost advanced  Grin.

Compared to Bittrex, for me, Binance is a user-friendly as it is much easier to access and the interface is much easy to use and understand.

I'm a Binance user since 2017, and I found it really effective to me as it makes me feel comfortable with my asset and trading journey.

This is the best cryptocurrency exchange for me and very suitable for my preferences. Its functionality is no doubt a good quality for its customer. Also the good thing here in Binance is that if there is some issues, they troubleshoot and fix it immediately so that their response towards the problem is fast. That will make them to have a good reputation when people are looking for a best exchange compared to other crypto exchange.
1424  Economy / Economics / Re: Can we agree BTC is not a store of value? on: July 15, 2020, 12:02:09 PM
Why so pessimistic about the outlook of bitcoins? Now in July BTC is still above 9,000 USD. I haven't sold any of my coins in a while and not going to do so. Bitcoin is a currency like many others, you can use it as a diversification in your portfolio. And historically speaking it has been a good store of value. Storing your value would mean it rises slighty with inflation and doesn't jump around to $20k. I believe bitcoins will become more and more stable in the future, making it a good instrument to save money. For gambling and high risk investing I would recommend altcoins.

Can we just support the bitcoin? Can we just believe on it?

Some people here are very negative towards the bitcoin's future even if the only thing that they consider are its volatility and fluctuation in the market. It is really hard to predict the bitcoins price but if you truly believe on the ability of bitcoin, you will invest to it and treat it as a good store of value. If you want to secure your future, bitcoin can be your way to success on your future errands. If bitcoin reached almost $20k in 2017, imagine if it spike again sooner or later. Don't lose the opportunity for you to make bitcoin as your asset.
1425  Bitcoin / Bitcoin Discussion / Re: Bank of America now treats BTC and ETH as Cash on: July 15, 2020, 07:09:17 AM
No! None of this matters!

Banks can't treat bitcoin like cash for the simple reason that they can't perform fractional reserve banking on it and that it's not subject to the same kind of inflation as cash.

Bitcoin is superior so they should treat it as such.

Bitcoin is a centralized currency and it is far different from cash. There are a lot of good and bad features of bitcoin, that's why it can be treated as a cash, so the Bank of America should learn more about it. There are also a lot of factors that can affect its price and treating it as a cash is very risky due to fluctuations. They have different importance and value so it is really irrelevant to treat them the same way. I don't know if US bank thought of this for so long, maybe their approach to this is unofficial and not that studied more enough to think of the reality of cryptocurrencies treating it like cash. Some government never thought of that thing because they are really different, they should be treated separately from the economy.
1426  Economy / Gambling discussion / Re: Which website do you usually go to get your news and casino reviews? on: July 14, 2020, 06:30:13 AM
Here in Gambling. There is nothing you can compare other than Gambling thread when it comes to reviews and news in different gambling/ casino sites.

Some of the website that offers reviews are more likely vulnerable to paid fake reviews which leads to fraudulent activities. You can also find new casino that pops out in the industry in Services Section.

Yeah, the updates here in this Gambling Discussion is really fast and easy to access. But there are a lot of options that you do just like accessing different sites where they also features new updates about casinos and gambling platforms. We have really different preferences on choosing a reliable source of information in gambling industry.

As discussion here are very informative, you can also state your opinion or point of view depending on a certain news regarding those new gambling features or activities.

It is your choice and what kind of medium you are comfortable and you are going to choose to access news related to gambling.
1427  Economy / Trading Discussion / Re: Do you use a trading Bot? on: July 14, 2020, 05:39:19 AM
I used trading bot before when I was so busy working with my profession but that's just temporary.

I really don't see myself relying on using trading bots just to earn profit with my assets. I don't trust bitcoin for a long period of time, because market is always changing and not stable enough to give you always positive outcome. Don't rely on those trading bots that has no certainty, and I'm not that confident in using them whenever I trade.

Still manual trading is the best and much effective for me. You can manipulate and have a full control with your asset, you just need to make good strategies and plans. Doing technical analysis is much more helpful so that your actions are precise than using trading bots.
1428  Economy / Economics / Re: Maintaining safety measures after pandemic for human -economical- resources on: July 14, 2020, 04:50:07 AM
I really don't want to think a large number of people weren't washing their hands in the past but I imagine a lot still aren't... I had to turn to my emergency soap reserves because the stores ran out (probably a good thing).

It won't take the majority a long time to forget to wash their hands when they come home too for example but it is good practice if some. Remember it and I've been doing it since school (because school and bus handles always seemed disgusting) ...

Practice proper hygiene and we should know how to do that because it was taught in preschool or grade school. It is not that hard for us to remind ourselves to always wash our hands when we go outside. As long as possible, protect yourself from other diseases that can be spread through physical or non-physical contact transmissions. This topic reminds us that Covid-19 is not the only enemy that we need to fight or avoid, there are also some deadly ass diseases that can result to lost of lives. Being anxious is bad but being prepared is better, so don't forget to remind other people especially your family and friends about this topic.
1429  Bitcoin / Bitcoin Discussion / Re: Crypto Now Legal In India? on: July 14, 2020, 04:08:22 AM
I'm so confused about India's idea about how they deal with the cryptocurrency, if they will legalize it or not.

They lack of affirmation whether they will allow people to use cryptocurrency or not.

Just like other countries, their decision towards cryptocurrency should be finalize so that it don't make any confusion or dismay to the people who are hoping for it to become legalized. Maybe their country is not that prepared regarding the proper regulation of cryptocurrencies into their economy. Probably, they lack of knowledge and experience in allowing it to regulate in the market that's why their decision is not that secured.
1430  Economy / Gambling discussion / Re: What's your favorite crypto for gambling? on: July 13, 2020, 02:44:19 PM
I only register on gambling sites that only accept Bitcoin and Ethereum as a deposit and withdrawal method 100% of my gambling activities I do it on that site.

so, Bitcoin & Ethereum only is my favorite crypto for gambling, I have no experience using other cryptocurrencies.

Using other cryptocurrencies are fun too. But it depends if you are winning in a certain gambling platforms using different coins.

I also use BTC and ETH in my gambling career but I also invested in using other coins such as Dash and NEM. Although they are not that popular like the first two coins, but still it can give you profit when you use them. Bitcoin have the highest value among those other cryptocurrency that's why i prioritize using it, and at the same time i never forget to utilize altcoins in a certain gambling platform. We have different preferences on what coin are we going to use but always remember that altcoins can bring profits too.
1431  Economy / Trading Discussion / Re: Which is Best Trading or Freelancing? on: July 13, 2020, 01:54:42 PM
The truth is that that you cannot make good money with freelancing

What is your basis for you to say that freelancing will not make you earn good amount of money?

Freelancing can give you enough profit depending on the skills that you are doing. In freelancing, there is a contract where you can decide if that salary is reasonable for you to accept that. It seems like you are just belittling those people who do freelancing. Mind your own business and let them do what they want to do to earn money.

I found there that many youtube channels are promoting freelancing but they are just misleading you. Freelancing has no more scope. Do not waste your time by learning anything related to freelancing. Instead learn something about trading.

You can promote trading without even telling some bad description about freelancing. If you found trading as an effective work for you to earn money, then so be it. Maybe some people are also good at freelancing and not good in trading, it depends on the people. But trading can be learned and practice when you want to do it. You shouldn't compare the two because they have its own advantages into a person.
1432  Economy / Economics / Re: How long will it take banks to phase out physical cash completely? on: July 13, 2020, 08:55:20 AM
That's possibly the biggest threat to crypto's progress. If they go cashless and roll out governmentcoins too they will have full control and all it takes is the pressing of a button to restrict all transactions to and from exchanges.

P2P will continue but perhaps surveillance will be so all encompassing they'll be able to come down hard on that too.

If this happens then, it is bad for most of us due to a lack of democracy of using our own assets or money.

If government will take a full control of our cryptocurrency, probably they will monitor most of the transactions between P2P or any other transactions.

Restricting transactions is not good as it can interrupt a persons activities regarding business transactions. We should not let the government to take our freedom on using physical money with our own will because we are the one who own and worked for it for a certain period of time. They should give us two options, to use digital currency and physical money in different ways and circumstances. Digital currency transactions only is not a good option for most of us.
1433  Bitcoin / Bitcoin Discussion / Re: Can BTC really be a safe haven? on: July 13, 2020, 08:23:25 AM
I think that soon we should be convinced of this when we enter the period of a tough global economic crisis.

We are experiencing it right now, that global economic crisis that you are saying is happening now because of this pandemic. Most of the countries are struggling so hard to maintain and recover their economy due to all those expenses such as those PPE's and other necessities in a medical sector.

In the context of a sharp increase in inflation of the common currencies of states, a decentralized cryptocurrency can become a good refuge for preserving monetary savings of citizens. We have been talking about this for a long time and for the first time we will be able to see it in practice.

As basic necessities are really required during quarantine, most of us are looking for a source of profit as businesses aren't allowed to operate due to the risk of this Covid-19 into our health. So maybe some people are finding cryptocurrencies as a source of profit or source of value depending on how they will use it in their own benefit. Bitcoin is really a safe haven like Gold, but it can be a short-term investment when you are good buying and selling. But as a source of value, I guarantee you that you should invest in Bitcoin.
1434  Economy / Gambling discussion / Re: how big? on: July 12, 2020, 10:13:36 AM
There's no way to tell actually because there are no data available that analyze Crypto users and it's quite impossible to speculate the numbers due to Blockchain's decentralized nature.
I guess if an organization conducts an online survey i guess we could have an rough estimate.

They are some crypto casinos that allowed anonymity to its customers so that it is not easy to have a statistic regarding that. But probably, it is huge, the market size of crypto gambling casino is large including those online crypto casinos. Maybe sooner or later we will have a precise and exact statistics regarding that market size that you are talking about.

We all know that gambling industry is well-known even in the old times, but right now, they are getting a lot of customers as gambling becomes a hobby and most probably an addiction.

That estimation that you are talking about will not be done when there's no one who are doing some researched regarding that market size in gambling industry.
1435  Bitcoin / Bitcoin Discussion / Re: Will bitcoin be the ideal currency of the future? on: July 12, 2020, 09:41:49 AM
An ideal currency doesn't exist in real world and bitcoin is not even close to an ideal currency!

There's no such thing as an ideal currency and bitcoin have a lot of flaws to make it as an asset.

Volatility is one and most of the people who engaged in cryptocurrency know that. But still people chose to deal with that because the profit in doing bitcoin investment is higher than you can imagine. When we talk about an ideal currency, it should be perfect, no volatility, no fluctuations and has no flaws. But in reality, that currency is non existent.

We should enjoy those cryptocurrency where we can get benefit from them and do not compare them based on their value because they have their own importance and prices depending on the market,.
1436  Economy / Economics / Re: Biggest winner during COVID? on: July 12, 2020, 08:44:42 AM
Based on my observation on what is happening right now, the biggest winner here in our country during Covid-19 is the our government.

Out of all those debts that they are getting from any organizations including the World Bank, we don't feel any improvement and relief from them. We really don't know where are all of those budget for this pandemic are going to because the risk of cases here is still increasing and some people are still suffering.

Maybe, it depends on the hospital if it is owned by a government or not. But still Medical sectors are the one who are getting a lot of profit because this is their season. Their lives are at risk and the government should allocate those budget for them to speed up the recovery and support them with the equipment that they need.
1437  Local / India / Re: Cashaa hacked. 336 BTC Stolen. on: July 12, 2020, 08:06:10 AM
Even if big names like Binance get hacked, how can people have the trust to store their coins on a small exchange like this one? I get that they are traders, but traders need to understand that there's always a big risk of a hack, a "hack" or an exit scam, and unless they make truly crazy money from day trading, it's simply not worth it to do trading from the point of view of risk/reward calculation, because the risk of incidents like this results in a negative expected value.

Crypto traders will never really learn, unless it's too late and then they will blame the system, the exchanges. But if they would just look closely, storing bitcoin in wallet that you don't have control in the first place is a big risk. And now the worst had happen, the exchange has been hack or maybe there was an inside job or probably some employees click a malicious link that started all.


Victims are the one to blame in this issue as they are not securing their assets in a wallet that they are using. Plus, a wallet that you don't have a full control is really a risky thing to do, if you want to secure your money, you will not do that. Instead, you will use a hardware wallet that will somehow make you safe and secured about your assets.

People should be knowledgeable about these instances in cryptocurrency exchange. They should know that hacks can ruin an exchange once it entered in to its system but as you've said that employees can cause that hackers. Is it a customer's fault for that to happen? Then the exchange should be accountable for that and not the victim.
1438  Economy / Trading Discussion / Re: Those reliable exchanges on the market on: July 11, 2020, 07:18:02 AM
My friend told me that you can trade in Binance and make transactions without even accessing its verification, which is I tried.

But verification is one of the most important things in a certain exchange as it promotes that stability and legitimacy of a certain platform.

In this platform, I tried to do future trading and as I make transactions, I'm comfortable with its features and interface. But you should be careful of high fluctuations that can make you lose your assets and money. You should be mindful of the date in the calendar and the prices of your assets so that you are aware of those expiration dates. Overall, Binance is a good but not the best for me as an exchange.
1439  Economy / Economics / Re: Government+cryptocurrencies on: July 11, 2020, 04:25:46 AM
Governments can't support cryptocurrencies because it is against the morale of a state where everything must have rules defined by it, controlled by it and a currency created by it.
Cryptocurrencies being stateless it doesn't go well with a state.

That's because probably it will just cause a huge conflict in the market and in the country if government will interrupt those people who are using bitcoin peacefully.

But do we need government support? I think not, as long we have a need for BTC, in our daily life, we participate in creating an economy, we don't need approval or support.

Governments will surely just benefit our cryptocurrency from their taxes so it is much better for them to let us mind our own businesses.

Little did they know that bitcoin can help a poor people grow in life, not only financially, but as a human being with prior knowledge about the market and economy. They are already benefiting our crypto from the form of taxes that they are getting in an exchange and that's enough for them.
1440  Bitcoin / Bitcoin Discussion / Re: My suggestion on Bitcoin adoption on: July 11, 2020, 03:53:09 AM
Don't be greedy, bitcoin wasn't created to make a selected few rich or make another rich instead, it was created to help the masses from the slavery the government with their centralized mode of operations have put us. It was created to clean up the currency market and used as a more of payment for the average human. We should advocate more fore the technology to go viral instead of withholding the information for our selfish gains.

As bitcoin regulates with the use of technology, it really requires to be in any platform that we use such as those social media. I know that most of us here are treating bitcoin as a huge source of profit because that's one of its benefits but as we are looking forward to that, let's also help this bitcoin to achieve mass adoption because it really needs support from its users.  

Bitcoin was created for us to become aware on the market and to become enlighten about how money works in the economy. This digital currency is the most known cryptocurrency and don't waste the opportunity to know its benefit in the market. Especially that we have more advanced technology which we can use this asset as a payment tool for many transactions.
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