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1941  Local / Pilipinas / Re: SEC maghihigpit? anu ang magiging kapalaran ng crypto sa Pilipinas on: July 22, 2023, 11:20:31 AM
Unti unti nang nakikilala ang crypto sa bansa, kaya possible na maghigpit sila. Though parang mahirap nila matrace ang bawat transaction dahil nga decentralized ang crypto. They need to plan it very well dahil lumalawak na ang sakop ng crypto.

Totoo and isa pa since lumalaki na nga ang crypto siguradong gagawa sila ng way para yung taxes (which kailangan din naman talaga para sa economy ng Pilipinas) ay applicable na sa crypto system. Pero tama ka rin na matatagalan pa yan lalo na ngayon na di pa naman ganun ka establish ang technology ng Pilipinas para matrace ang bawat transactions, ang dami ngang illegal trades na nangyayare online na hirap na hirap ang mga officials hanapin at ayusin, it will really take a lot of time.
1942  Local / Pilipinas / Re: T-Shirt Business For Bitcoin Adoption Profitable Ba on: July 22, 2023, 10:49:47 AM
Hindi ganun kalaki yung market ng bitcoin para sa ganyang business, pero kung general printing business sigurado namang okay yan lalo na if sure yung quality. Yung target costumers kasi talaga yung magiging pinaka important factor pag business na ganyan. I suggest siguro pwede pa rin mag tuloy sa ganyan pero mag market din sa ibang community na may mas malaking number of audience or consumers.
1943  Economy / Economics / Re: How is financial stability defined for you? on: July 22, 2023, 10:20:32 AM
When talking of financial stability is something that can never be satisfied and quantified as a being we are we always strive to increase in our financial status regardless of how much we have made and how much keeps flowing and yet still carving for a better tomorrow. That is why today the richest man in Africa today never get satisfied with what he had rather keeps creating more opportunities to increase in his finance, at this we never say they are okay with they earned or what they got from their companies.

It is true that for some people, no matter how much they have in their possession, they continue striving for more and more. However, I believe, this trait is also  natural aspect  of some people who are never satisfied with their current achievement, this drive for expansion and growth is also seen in many successful entrepreneurs

In my opinion attaining the purpose of life is beyond materialistic success, enjoying family life by spending quality time, travelling all around the world and contributing for the welfare of society are equally important for a meaningful life.



The thing about this however is that to achieve all of these, we need to have the financial capacity to do so. Right now, in order to even do most of the things that will ensure enjoyment and quality time with family we need to spend some of our money (no matter how small that is, we know it will make a change in our pockets). Moreover, let's all be real here, enjoying life is hard without financial stability as most of what we do and need to enjoy life relies on how much we have in our pockets and savings account.
1944  Economy / Economics / Re: Building a prosperous business on: July 22, 2023, 09:34:31 AM
As for me, from my experience, I can't deny that it is difficult to manage a business, because you will really spend time, physical effort, and when it comes to capital, even if the investment is small, if you know how to circulate money in the business, you will definitely be able to grow it. .

And the most difficult thing is that establishing a customer page is actually not easy, and once you can establish the customer and maintain the quality service and quality of the goods of the business, for sure the regular customers will come to your business first.

If your product does not find a niche, it will be difficult for it to prosper. The customer is the reason for the business. Having them is one thing, sustaining and satisfying them is another.
Every business owner should have a good knowledge of Customer Relationship Management (CRM). It will make a huge difference in your business.

OP, I opened the link you attached and discovered that you didn't do much work than lift and rearrange an already written article.

I noticed that as well, OP should've just shared the written article.

But, yes you're right. The customers will be the biggest foundation of an business. No matter how good the product or service is if the customer feedback is negative due to other factors like attitude of the staff, the cleaniliness of the establishment and so on.
1945  Economy / Economics / Re: New currency from BRICS countries on: July 22, 2023, 08:35:38 AM
I was reading about this in many news websites, I was actually thinking that its exeggerated/fake news but it even hits bitcointalk, I guess its true now? I think this can deeply effect future of financial markets because BRICS countries are very very populated and their economies are very big. Their specific currency could become world's third important currency in future maybe passing Pound. But I don't think it will cause massive dedollarization soon. Financial relations are all executed through American Dollars for decades.

It will absolutely take a long time for that to happen. The system will have to adjust for it as it will be a long process and change. However, it will mostly not affect the bitcoin system as widely as others may say, after all this change is mostly a political talk and will focus on that for awhile.
1946  Economy / Economics / Re: Do you think selling your property is better than taking loan? on: July 22, 2023, 07:58:05 AM
It depends on what kind of specific property you are referring to. Moreover, it depends on how badly you need the money. If it's just a small amount then I'll most likely go for loans since properties such as lands can go higher as time passes. However, if you really need a big sum of money then go for selling property.
1947  Economy / Economics / Re: The whales stirred. What should we expect? on: July 22, 2023, 07:12:19 AM
The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

No, I don't think it will end the bitcoin era and cryptocurrencies era but rather shift the money towards asset class like stocks, pressure metals and real estate. If you're here long enough you'll notice that this kind of stuff happens regularly so it shouldn't be much of a concern.
1948  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: July 22, 2023, 06:04:56 AM
There are different account in bank each account of bank are fixed interest rate and bank provide own customer security and liquidity.
Cryptocurrencies have big whales like Bitcoin holders. Cryptocurrencies have the potential for high profits but they are not fixed. This is the difference between  crypticcurrencies and bank . crypto currency has risk and bank has no risk.



I'd say both have risks, but banks gives more security for their clients and the fixed rate much like you mentioned. Moreover, banks have a set regulations in case of scenarios that may put each clients' money at risk, hence it feels safer.
1949  Economy / Economics / Re: Can Twitter Stock Experience the same Rise? on: July 22, 2023, 05:20:55 AM
It's easy to gain new users for this Threads app, since Meta owns Facebook, Instagram and Whatsapp.
It's pretty clear at this point that Threads was built to be Twitter's competitor and maybe it will attract all the advertisers, who left Twitter.
I hear news about Zuckerberg hiring people, who were fired at Twitter by Elon Musk(and Musk isn't happy at all).
Meta stocks are getting a short term price pump, because the investors have positive expectations about Threads.
The idea of Elon Musk building a Twitter clone app is the stupidest thing I've ever heard. The only right move for Musk would be to leave/sell Twitter.


This is true, Threads is obviously the main competitor of Twitter right now. Additionally, with all the recent changes that Musk added to Twitter, users are getting more and more reasons to leave the platform. At this point, the already dying Twitter will soon be below Threads once celebrities and influencers transition to Threads.
1950  Economy / Economics / Re: New currency from BRICS countries on: July 22, 2023, 03:52:03 AM
Couple of hours ago there is in news on Twitter saying BRICS countries (Brazil, Russia, India, China, South Africa) are developing a new currency. It was mentioned by State Duma Deputy Chairmen btw.

As I can see all these things to manipulate BTC right? What are your thoughts about this?

BRICS wants to develop their own currency because they really think that it is time for them to be free from the dominance of the US dollar, in my opinion it has nothing to do with BTC or to manipulate the crypto market, because their main goal is to destroy the dominance of the USD. You can read about it in this article https://cointelegraph.com/news/russia-talks-up-prospects-of-brics-countries-developing-new-currency

I agree. This is more on the political side now. And it's heavily being discussed for a long period now. I think OP thought that a new currency will affect BTC somehow but it's just way out of the system as it is more of a political matter.
1951  Economy / Gambling discussion / Re: Will You Stop Gambling Even If You're Doing Great If This Happens To You on: July 21, 2023, 11:59:52 PM
This is one of those scenarios that aren't really going to happen in real life. But I'll bite. If that's the only thing that I will gain the trust of my family, then I'll do it. Even if I'm doing good on my gambling stint, I'd still leave it no matter what and just stay with my family. Money can always be earned no matter route, be it gambling, job, or whatever. But, your family's trust is precious and even if you do not earn any money, they'll still be there for you.

Easy choice - at least for me.
1952  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: July 21, 2023, 11:41:52 PM
Their chase on the bottom without a black hole is hilarious. What the fracas is with the OG draft? seriously?
Their draft heavily relied on snowballing in the early game, that's why they had to make some moves, but it backfired. Drafts with TA haven't been that great and might be a good indicator to bet against as she's one of the most picked heroes but only has a 29% win rate.

On the bright side, they bounced back in the second game with the same draft (Slark, Windranger, and Enigma) they used against Entity yesterday.

TA on this patch is no longer like TA on the previous one. It relies heavily on farming and getting as much space in the map as possible to flash farm in either a Desolator or a Dagger, not unlike before that she can join fights even with a treads and a Dragon Lance so long as they have the means to disable or to catch the opponents. I think it's a good change though, because the dynamics of the game changes and the meta shifts, so those who can really keep up with the wonkiness of the patch will be the ones who will come out at top. OG isn't as good as they are before, because their aggressiveness is oftentimes rewarded with a lot of negative swings on the net worth in favor of the enemy.
Nothing beats out to those OG's of OG team before which i do talk about Notail,Ana,Jerax,Ceb,Topson but with the current roster then i could say that it would really be never the same. In speaking about patches and
changes then its not really that a solid reason for it to be blamed out because it is really that equal or applied to everybody and there's no exemption to that, even with the slightest stat change or skills CD would definitely
make out some impact. If TA win rate isnt good for this season then why would really be trying out to pick it out but with the current map then its a huge space for farming but with the recent stat change or skills change
then its not shocking to have those degrade performance.

Stats are one thing, meta change is another. TA is performing poorly in stats recently because the meta isn't really suited to her playstyle. OG and other teams who keep pushing in using this hero is punished hard because the flash farm - invade strategy doesn't work in this big of a map. I agree that it really is OG's fault for continuing to use an obvious lackluster hero in this patch because not only is the hero's stats decreased, she also sucks in getting objectives aside from 5-man tower pushing, which definitely is useless in the early game as they're wasting resources on a huge part of the map.
1953  Economy / Gambling discussion / Re: $1,080 Billion powerball lotto winner in the USA on: July 21, 2023, 11:25:19 PM
I just saw a news on youtube that someone won the $1,080 Billion jackpot prize on the Powerball lotto in the US. In the video I watched, someone claims that she was the winner, but as of now, there is still no official announcement from the lottery organization. also, the store where the winning ticket was bought will receive a $1 Million bonus from the organization.

anyway, it still really surprises me that if the winner decides to take the prize in one lump sum, they will only get half of the total price because of the taxes that will be taken out.

here's the video I saw https://www.youtube.com/watch?v=LINxj6C-00c


I can't really understand the mindset of most lottery winners. If they opted out for installments in 20 or whatever years time it is, they would still get a huge sum every year. If you are not really looking to splurge in the money, you are basically set for life - even for the next generation of your family. The taxes is also really eating out a lot of that prize, too, so the safest and most sensible option really is to get it in installments, and just spend whatever it is that you need to stretch what you receive in a year. I'm pretty sure that the winner will buy cars, expensive items, and houses - emphasis on the houses because most lottery winners think that their money will never run out.
1954  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: July 21, 2023, 10:36:52 PM
Their chase on the bottom without a black hole is hilarious. What the fracas is with the OG draft? seriously?
Their draft heavily relied on snowballing in the early game, that's why they had to make some moves, but it backfired. Drafts with TA haven't been that great and might be a good indicator to bet against as she's one of the most picked heroes but only has a 29% win rate.

On the bright side, they bounced back in the second game with the same draft (Slark, Windranger, and Enigma) they used against Entity yesterday.

TA on this patch is no longer like TA on the previous one. It relies heavily on farming and getting as much space in the map as possible to flash farm in either a Desolator or a Dagger, not unlike before that she can join fights even with a treads and a Dragon Lance so long as they have the means to disable or to catch the opponents. I think it's a good change though, because the dynamics of the game changes and the meta shifts, so those who can really keep up with the wonkiness of the patch will be the ones who will come out at top. OG isn't as good as they are before, because their aggressiveness is oftentimes rewarded with a lot of negative swings on the net worth in favor of the enemy.
1955  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: July 21, 2023, 08:46:14 PM
I don't think that's the whole reason as to why people gamble. I have enough money, and I know that my needs and wants are met and I will still have something to spare or splurge. It's legitimate that some people do it to entertain themselves or just to kill time. If you only view people who gamble as those without money, you're limiting your point of view and not realize that there are some who has more to give and can literally spend money without having to worry about what to eat or where to live until their next pay day.
1956  Local / Pilipinas / Re: Paraan para umunlad ang Buhay pinansyal on: July 21, 2023, 04:33:35 PM
Pasa saken skills development talaga yung importante kasi lagi ka dapat updated sa mga demand skills sa market ngayon. Kung yung skills naten kayang makipag sabayan sa mga demands na 'to makakatulong ito para umunlad ang ating buhay pinansyal. Pero ang skills development hindi yan natatapos, tuloy tuloy lamang iyan.
1957  Economy / Economics / Re: What is the difference between banks and big whales in crypto? on: July 21, 2023, 04:06:21 PM
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss  they are almost the same or what? What dou you think?
Whales aren't financial institutions but they're like just us that are individual players on this market. While the banks are financial institutions and they've got a lot of source aside from the deposits that they get from their customers for which will be used for loaning.

As the whales, we don't really know what they do in real life. They could also be the banks, another financial institution but we'll never know who they really are.

From what we've known, they're just the typical big investors that do manipulate and influence the market and what they do isn't different from what we do of buying low and selling high.

There's difference as we don't know exactly the identity of the whales. We are just speculating on who they are.
Also, as mentioned, they seem to be moving on their own as individual players. So we can't determine where they are heading next.
Which means, they don't have concrete path to go to, their movement is more fluid as it depends on the market scenario.
Whereas, banking institutions have their own target before they get into this market as the decision is not only handle by one person but a group of individuals.
Hence, the time of getting decision is not the same with whales. They can't decide on their own as they have others to think about.

Knowing the identity of who we are trusting our money in is really vital. Hence, why banks makes sure to develop a great relationship from their clients to collect feedbacks that strengthens their image to develop a more prestigious title and reputation against their competitors.
1958  Economy / Economics / Re: Agriculture can save your country from recession on: July 21, 2023, 03:34:28 PM
In near past many countries stopped investing into agriculture businesses. But I think they started to realize how bad it can turn out to be. When your economy gets bad agriculture will save your people from hunger. It will give nice boost to your overall local markets too. Individual agriculture businesses help people to not waste money on absurdly experience fruit/vegetable prices too. And when you produce something yourself it will definitely taste better.

Pretty dumb move.... Food, especially in today's world, where regular droughts, floods, climate change, etc. events have a negative impact on crop yields, and primarily agricultural products for the population. Everyone knows it, everyone understands it, and accordingly, the refusal of agribusiness is the way to total dependence on external suppliers. And this means either high prices or manipulation of consumers.

Many countries without fertile land, or having them in limited amounts, make maximum efforts to develop the agricultural sector.

Right? However, the funny thing is that some primarily agricultural countries are lacking the proper management and help from their governments to ensure that they are well taken care of. The budget for the agriculture sector from these countries are relatively lower compared to other sectors that I think are far less important. It's ironic how these countries which should be the ones to export agricultural products are now demanding for imports from other countries today.
1959  Economy / Economics / Re: New currency from BRICS countries on: July 21, 2023, 02:55:07 PM
I've thought BRICS would use BTC as their main currency especially to avoid sanctions and whatnot. But now I see that won't be the case with their plans to make a currency of their own backed by Gold.
As much as I like bitcoin but it is not yet ready for mass adoption, the price of it is too unreliable for such a large long term commitment like what BRICS countries are making. Imagine if you buy a million barrels of oil (what oil tankers usually carry) worth $80 million in bitcoin and the price drops by 10% which is a normal thing in bitcoin. That is $8 million loss. That's not favorable.
However a centralized currency created and controlled by them is a lot more reliable because they dictate its value (exchange rate) so it can be kept fixed.

At this point bitcoin is good for small size trades and as a small portion of the reserved assets of the country.

Yes, the risk will be too much. Bitcoin goes up and down, and it would be too much of a loss if countries starts adapting it as a formal currency. Hence, it is truly more favorable and proper to have a new currency compared to adapting bitcoin currency. Additionally, after all, the new development of currency is more of a way for BRICS to ultimately remove themselves from US colonialism.
1960  Economy / Economics / Re: What are some financial secrets that you know of? on: July 21, 2023, 02:18:40 PM
Hey everyone. What are some of your wealth secrets that you could share with us?

Buying homes with cash and taking loans out on it?

Setting up trust funds in foreign countries and setting offshore corporations to avoid capital gains and taxation? (Sorry tax avoidance for any LEO reading this)

What are your secrets?

I wouldn't call it a secret since I'm sure a lot of people already knows it and are applying it to their lives and financial decisions, but investing is really a good way to ensure you have something you can rely on when things go south. For example, investing in lands can ensure you that you have a property and can use it in case of emergency.
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