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1941  Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!! on: September 24, 2021, 06:41:51 PM
All I see is China going backwards and hurting itself out of confusion. What about all the bitcoin hodlers in China? Now they can't sell their bags, the bitcoin have become sort of "frozen", from a perspective of market value, this is only going to increase the price of bitcoin. So ok, thanks China. At some point China will pull an India and become part of the bitcoin fanclub again.
China will always be selfish as it is. They hate bitcoin but they even plan to make their own crypto. How ironic! But this decision will create a negative impact into their crypto hodlers so it might be hard for them to sell their coins in their own country. So i guess this will pave way for India to be part of crypto again. I just thought will there be another banning of crypto again by next year? Because China seems to really love doing it again and again.
1942  Bitcoin / Bitcoin Discussion / Re: What would happen to the bitcoin price if adoption increased on a larger scale? on: September 24, 2021, 05:55:03 PM
An increase in demand for Bitcoin is indication that the demand is higher than supply and that will definitely lead to an increase in market value of Bitcoin if that happens. And that is what all traders who bought Bitcoin when it price is low expecting an increase so that they can make huge profit from their trading.


It is the basic economic formula: if demand is high, the price will be high as well. It is similar to how, before the pandemic, the price of surgical masks was too low, but when the pandemic hit, the price of masks skyrocketed, becoming prohibitively expensive, but then gradually decreasing as supply increased and could cater to all. It is similar to bitcoin in that if demand is high, the price may rise.
Yes. Bitcoin is more on its supply and demand. As of now, bitcoin is definitely increasing its adoption rate because they are already big countries who are starting to accept and legalize bitcoin and may even use it as a legal tender soon. Although there are still parts of the world who are still skeptical about how bitcoin works and its over all usefulness, i know in time they will also learn to adopt it. In the end, bitcoin will become a global currency. It's just a matter of time where all of the individuals will be educated about bitcoin and how it will be functional for us.
1943  Economy / Trading Discussion / Re: How cryptocurrency trading have helped the youth. on: September 24, 2021, 05:23:32 PM
In recent year, people are facing tremendous problems in getting their jobs. So the cryptocurrency trading helps the people in getting income and cash by performing an easy tasks. Trading makes the lives of individual very easy because it is an online way of getting money. There is no need of going outside. You can do it anywhere and any time.
But trading is not as easy as it is.  There is no easy tasks in there because all should be done with focus and motivation to trade successfully. And if you don't have trading skills and strategies that will make trading profitable, then i must say that you won't last long in this type of industry. Although everything can be learned and developed, but its always an edge if you already have the guts to make you more motivated in crypto.
1944  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: September 24, 2021, 10:19:32 AM

Just wondering, SMB almost lost with Alaska while NP without Greg they beat them with 28 points, seems that only the Hotshots is the one who's performing for SMC.

Maybe it's a setup or rigged Grin Roll Eyes Just for the laugh!


Stop that rigged thing, lol.

Well, Ginebra really struggles, it's very evident in their games and I will bet against them in their game tomorrow.
There's only one game tomorrow and maybe I will consider betting on the Phoenix Fuelmasters to win by 11+.

I checked the bookies I used, no odds release yet, maybe in the evening, it will be up.



We can check on different sportsbook, it's also not yet available here https://www.playbetr.com/sports

According to the official website, the game will be 22 hours from now, so it will be tomorrow. https://pba.ph/

Bad news for Ginebra as there's still no news that says Thompson or Japeth Might play, they will lose their center strength and I have a feeling that they will be abused by Manuel and Perkins down low, and not only him, there's also Chua.

1945  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: September 24, 2021, 09:42:14 AM
Let these fighters fight at their own will, it seems that they're not having their own willingness to do so. If they're confident to take the match then so be it, no aggressive offer should be given to any one of them. Once a boxer find a good mood and his capacity for fighting his potential opponent would technically be drawn over by his power, I guess with no hesitation their fight would commence successfully.

But remember that they work with promoters, networks and world governing bodies. So you can't just go ask and fight anyone in the ring. There has to be some kind of model here so that everyone will make money as others have been saying, boxing is also a big business right now.

So eventually, Casimero will have no options, unless he wanted to be strip of his belt by WBO. And this is a good fight for Casimero specially if he knocks out Butler or win in a good fashion.

Well, I have no doubt on the skills of Casimero, if Butler is really good then he should really give Casimero a problem and that is by being aggressive in the fight. We have not seen Casimero struggle against his opponent yet if his opponent is just waiting to trade punches with him, so probably this is the time.

Paul Butler is aggressive, he is not afraid to lose and this is his big break if he wins against Casimero, so it should be an interesting fight to watch.

I saw some highlights of Butler and this boxer loss against the Tete whom Casimero had KO, so probably Casimero would just dominate in this fight and he will KO Butler.  Here's the Zolane Tete vs Paul Butler's fight highlights.  https://www.youtube.com/watch?v=6lS6R6EIYeY
1946  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good time for all ALTcoin on: September 24, 2021, 08:20:54 AM
The previous year 2020 is the good year for the altcoin. The reason is that the last year bull run comes and altcoins perform outstanding. Some altcoins performed very good such as BNB. This coin pumps 20x , 30x within a year. And BNB coin price is pumping day by day. But if you have missed the last year opportunity then don't worry buy good altcoin coins when bitcoin price dump. Because this time all altcoins are available at very cheap prices.

Those pumps are also affected by bitcoin price increase because it brings more hype to cryptospace and hooking more investors to invest in altcoin. Most of new people who are new to cryptocurrency must be invest in bitcoin at first. But after they are like one month explring crypto, they must know there are multiple returns altcoin that could be profitable if they invest to them, and they start to speculating which coin that they want to buy.
So i think we need bitcoin pump first before we see another altcoin bull run because it will attract new investors
This year, altcoins are also in a good shape and its just recently that they experience a minor dump but eventually, they start to recover again. While bitcoin drives the whole crypto market, there's ethereum too who manage to lead the altcoins market. And some meme coins were able to take and edge like dogecoin and solana. But i know in the end, they will all depend with bitcoin's performance in the market. If bitcoin reaches its ATH before this year ends, then we might see an altcoins season again.
1947  Economy / Economics / Re: Future economic fear of the rich and poor. on: September 24, 2021, 07:54:17 AM

The poor are more afraid of the future. Although they live in poverty and are accustomed to this kind of life, when they suffer from economic problems, their poor life will become poorer.

Even if the rich suffer economic losses, they still have the funds and resources to sustain their lives. And they also have enough knowledge to find other ways to make money.
That's also my point. The poor will have to suffer the most since they don't have any resources to sustain their needs for survival. Even if they are already accustomed to poverty, it will still be difficult for them to live and survive knowing they don't have nothing today to gain today and even in the future. So most likely, poor people will have to live a miserable life by then.

However, the rich will always have an edge over the other. For sure, they will also feel the same fear equally but the only difference is that they will still be able to find ways on how to combat the incoming economic problems. They all have the connections and they can simply take loans if things get worst for them. They may lose some assets but they are knowledgeable enough to regain them in time.
1948  Bitcoin / Bitcoin Discussion / Re: The difficulty of explaining Bitcoin to people is massive on: September 23, 2021, 09:32:54 PM
It is always difficult to sell a new concept to someone who doesn't understand how it works. You don't expect a novice believe a currency would emerge that is devoid of having a centralized manipulation.

Satoshi couldn't give himself a million bitcoin because the system was built upon a highly computational mathematical hash function which is devoid of human manipulation. The system is a ledger that is transparent, immutable and permanent and has such can't be manipulated




It's always hard to tell someone about bitcoin when they all believe that fiat is the only currency and that its impossible for bitcoin to create higher adoption. For me, i don't bother giving full details about bitcoin on the people around. If they have the interest, then it will be more provided with the details that can be found online. It will be more easy for them to understand as long as they are open to gaining more ideas about bitcoin, and not creating comparison between fiat and bitcoin, or bitcoin into gold.
1949  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoins as collectables in the future on: September 23, 2021, 09:05:01 PM
It's not a far fetched idea. Crypto is a wild wild west, expect anything from it. If some crazy looking NFT can fetch millions, why not a shitcoin. If it gathers attention and a thriving community, why not
Everything is possible in crypto because of its unpredictable market. But if shitcoins will gonna worth something in the future, in the first place they should not be called as dead coins. Yes, they might create a good community all of a sudden, but the chance is very rare. There are millions of shitcoins in the next decade so probably the shitcoins we have right now will never be recognized by that time. So i don't suggest collecting shitcoins this time because aside from wasting our money and time, their future will always be uncertain.
1950  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: September 23, 2021, 01:39:49 PM


Anyway, Casimero will be the obvious favourite here. The Tete fight will be the primary basis for the odds as they both fought Tete once in their career.

I'll take the TeTe fight also as a determining factor why I will be choosing Casimero but again upsets still happen, Casimero upset Tete a favorite when they fought, Butler has a good knock-out percentage if he can find a good opening and connect he can upset Casimero.
Kinda disappointing that again for the nth time he will not fight Inoue big money and prestige awaits whoever wins the fight on the Casimero - Inoue fight it will be delay again next year.


Yeah, Casimero just blew Tete in their fight and you will see that even after the fight has ended, Tete didn't know what had happened, that shot to the side made Tete lose his balance and his feet are not there. So imagine a chin that has been broken already, Butler will have a hard time against a power puncher like Casimero. So obviously, the Casimero-Inoue fight will be delayed because of the mandatory defense. Perhaps the WBO ordered this to squash a fight with Inoue. Casimero just had his last fight last month, and now they are ordering him to fight against the organizations mandatory. Something is fishy, but we can't do anything.

Butler has a very good chance of winning the fight against Casimero.  Paul Butler is one of my favorite boxers.  No wonder he received the nickname "Baby Fased Assasin".

He's incredibly cold-blooded.  He fights very prudently.  He is a very fast and technical boxer.  Moves faster than Casimero.  I think that the bet on Paul Butler is fully justified.  I must admit that Casimero is also a great boxer.  The fight will probably be very interesting.  Various surprises are possible ...

But my favorite is Paul Butler.  I believe in his victory.

Good luck mate, well, at least we have here who backs Butler to win. To be honest, most of the boxing fans here are Filipino so some of the comments maybe biased as they support Casimero wholeheartedly. I'm getting interested in your words, maybe I'll look at the fight highlights of Butler to see how good he is.
1951  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: September 23, 2021, 12:50:55 PM
Those who continue to believe that Ginebra is still a good team, certainly lose a lot of money already as Ginebra keeps losing. Meralco is not really a bad team though, so they can give Ginebra a big problem and we saw it because when the Ginebra rally, they still gas out in the 4th quarter and loss.

Look at the minutes played by 3 of the starters, this is not reasonable anymore, they are too desperate.

https://pba.ph/recap?match=1902622

Tenorio - 44:27
Pringle - 42:07
C. Stand - 40:45   

They needed that win to have an advantage in the ranking, and with that loss, this is what will happen.

NorthPort grabs No. 5 spot, sends Ginebra to sudden-death vs Phoenix

The Ginebra's last chance is to beat the Phoenix, which I doubt they will as they really struggle hard.
Scottie Thompson is a big loss to the team and I guess he won't be back soon.
1952  Economy / Economics / Re: Money and wealth as the major religions in world. on: September 23, 2021, 07:37:05 AM
People need money to create wealth to meet their needs by earning money is the means of buying or selling things and making life easier for people if there is a means for exchanging money we must be hardworking to make more money than people will need. Money or paper money is just a certain type of wealth and makes many rich people rich it does not carry the true identity of man.

Agreed, and according to religious belief, if you die, you cannot bring the money with you. Though you are correct that money makes life easier and allows you to be happier, many people believe that you cannot truly find true happiness solely because of money. We really need money to buy our basic needs, and while some of our wants are unnecessary, others are grateful and wealthy because they can afford them. As far as I'm concerned, everyone needs money, but if there is a lot of it, I believe we should share it with others because no one is equal in this world.
The good thing about having wealth and money is that you are able to share it to those who are needing it so badly. But for some greedy people, its the fruit of their hardwork so they should enjoy it on their own. I see money is very essential nowadays not just for our own wants but mainly for our survival. But i don't claim it as the most important thing in this world. We have family and loved ones that are even more important. And above all, we have God that is our everything.
1953  Bitcoin / Bitcoin Discussion / Re: Rich people causes cryptocurrency ban on: September 23, 2021, 06:50:10 AM
I seen that cryptocurrency want to be highjacked by rich people, looking around  countries currently, its noticeable that bitcoin increase everyday, every week and every months, the more rich people are investing with cryptocurrency the more government attacks cryptocurrency, most countries that values crypto today is having challenges with government, since bitcoin is important to the extent that top people invest on bitcoin why can't government alone adoption of bitcoin.The Rich's are causing eradication of cryptocurrency
Across the world.
Bitcoin isn’t that bad. And from what I have seen so far, the governments that has banned cryptocurrency don’t really have an excuse that is good enough. Reasons they give are usually not enough good reason why they should place a ban on it. Some of them would say it is because it can be used to fund terrorism, which they don’t even have any proof at all for that.

Most of these terrorists attacks are usually being funded with fiat, and the government isn’t doing anything about banks that are letting these things slip through their watch, which is very bad. Now because they feel that bitcoin is uncontrollable, they now want to ban it.
For me, the main reason why the government has banned bitcoin is the fact that its decentralized. And there is no way that they will allow it knowing it won't be controlled by them.  And those reasons that it can be used for terrorism funds or any scam activities are only their excuses so that fiat will still dominate the market and won't lose its value in the long run. Rich investors has nothing to do with crypto ban, although they are mostly behind the market manipulation.
1954  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When do you see the true bear market coming? on: September 22, 2021, 05:30:15 PM
The bear market is always awaited by everyone, but this year's bear market can be said to have been running but not yet maximized where there is often a sudden decline due to negative news, hopefully October is the peak month of the bear market we are waiting for
No one can really tell when will this true bear market is coming. We had experienced the bear season in the previous months but it didn't take so long, that is why some have thought that its just a price correction. But why are we waiting for it anyways? We should look forward for the bull run instead because that will paid off all of our long patience of waiting and hardworks. The whole crypto community will definitely become very profitable when that time comes.
1955  Economy / Gambling discussion / [Boxing] Nonito Donaire vs Reymart Gaballo (WBC bantamweight) on: September 22, 2021, 02:27:03 PM

ccto

Nonito Donaire record _ https://boxrec.com/en/proboxer/48243
Reymart Gaballo record_ https://boxrec.com/en/proboxer/677961

Since this is an order, I guess this will be the next fight of Donaire, no more against Inoue or Casimero, it will be against Gaballo.

Quote
MANILA, Philippines — An all-Filipino title clash has been set after the World Boxing Council ordered a mandatory fight between WBC bantamweight champion Nonito Donaire and interim champ Reymart Gaballo.

The WBC, one of four major sanctioning bodies in pro boxing, made the announcement on Tuesday.
WBC orders Nonito Donaire title defense vs Reymart Gaballo


Betting odd is not available for now but it will be updated once it's out.
Also, the schedule and the venue are not yet final.
1956  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Caleb Plant on: September 22, 2021, 01:58:11 PM


Thanks for the update, I just have to see it in youtube, and see this video.
https://www.youtube.com/watch?v=UfgY4-59ZxQ

That push of Canelo says that he is really strong, though Caleb Plant looks taller but Canelo's strength is pretty evident.
I think this will make more fans excited, and you are right, that would result in higher ticket sales.
They'll see in the ring and I predict a KO.
It just means that you can't bully Alvarez he gets the push and the two punch that cut Caleb's skin below the eye, Caleb is crossing the line here, you can get persona on the guy but leave the family, Caleb will taste a big beating comes the fight night, he is also accusing Alvarez of drug abuse, he should concentrate on the fight, he has a big problem ahead and this is how to deal Alvarez's speed and power.
with this dispute, of course, the fight will heat up later, I think the psywar launched by the two boxers is one strategy to increase the interest of boxing fans to watch the fight later. I watched a video of the conference on YouTube and saw that Canelo reacted very quickly to avoid Caleb Plant's left hook and then hit Caleb Plant back with a very good combination, I think the fight will be well worth the wait, because the conference the heat will heat up the fight even more Grin.
Indeed, this is a great match, fans love to see how Canelo will punish Plant in the ring.

Plant has to be prepared in the fight, it's his best chance to be popular by beating the almost unbeatable Canelo Alvarez.
By the way, I'm wondering why the odds is still not up until now knowing this fight is a popular fight.

odds now. https://www.covers.com/boxing/canelo-plant-odds
Quote

Favorite   Odds   Underdog   Odds   Weight Class
Canelo Alvarez   -1,000   Caleb Plant   +550   Super Middleweight
1957  Economy / Trading Discussion / Re: Continuously Loosing money in Trading!!!! on: September 22, 2021, 08:47:10 AM
Hello everyone,

          I am doing Trading since last 3 to 4 years And in this journey i have seen many updowns(profit and losses), But recently from few weeks i am loosing  my money continuously with the same strategy  i have been using since last 2 years. I don't know what happened to me. So please anyone can guide me through this situation, it will be very helpful for me.

Thank you.
If your strategy is not working then its time to change your strategy and its never advisable to apply the same strategy to different market condition, you have to adapt to the current market situation and trade according to that. If you are still having hard time at finding the profits then just take a break and redefine your strategies and also let your mental strength to recover from bearing all the losses.
Repeated losses in trading is never a good scene anymore. You have to find new indicators that will help your trading end sup successful. And might as well revise your old strategy as its not helpful anymore. You may check new strategies that can adopt to the market's current condition and definitely develop them. The market will never stop from changing so you also have to learn to adjust so you can cope up with its never ending changes that will still make you successful in the end.
1958  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin suitable to become legal tender? on: September 22, 2021, 07:31:23 AM
There's no problem to use Bitcoin as a legal tender and keep fiat currency as legal tender at the same time.
The fact that many people don't have access to the internet or they lack financial and technical education is a problem that can be solved.Nobody is forcing 100% of the people in a country to use Bitcoin.Using Bitcoin is voluntary.Paper Bitcoins can be printed,for all those,who don't have computers and internet connection,but I really doubt that paper Bitcoin will be convenient,because the BTC price is volatile and constantly changing.
Adopting bitcoin and use it as a legal tender is definitely a big decision that El Salvador has chosen to. And i think there's no harm in it because the president of the country has its own positive reason why he is doing that. And that for their economy to take progress and can avoid the fast surging inflation which most of the countries are experiencing too. And the good thing about this is Bukele has not eliminated fiat so the citizens have all the chances to select payment method that are most convenient to them.

However, IMO, El Salvadorians are not totally ready for a big change since the whole nation is not totally internet connected. Needless to say, the people are not inclined with crypto and everything that won't function without the internet connection. I think its one of the biggest factors why some citizens refuse to adopt bitcoin and stay loyal to fiat.
1959  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Dogecoin survive without Elon Musk? on: September 21, 2021, 11:26:18 PM
Dogecoin team should develop the project and improve DOGE. tweets from Elon Musk only can help to pump the price but they won't help to make DOGE better.
What improvement did they need to do for dogecoin? Although the team has been built again, I'm now thinking about what kind of development they have to do.
Well, these days Dogecoin is already popular but if there's something new that they'll bring on it, that's better and will really give more significance for Doge.
I'm not sure if there is something to give out from the Doge project if Elon Musk will stop shilling this project as I can really imagine that it going back from where it comes. In fact, nobody is expecting such a huge incline, if there is no EM, that probably no Doge name in the market, investors and the community will just ignore this project.

Anyways, Doge has been in the market for so long that it means that it still survives even with Elon Musk and ven during the next crisis but can't say that the price is looking good and attractive.
Elon Musk has been manipulating the market and as part of it, he's the only reason why dogecoin is really surging right now. Although we have seen potentials in dogecoin even before Elon hyped it, but it will never be this huge if Elon did not manipulate it. So dogecoin will definitely survive even without Elon but its price will never be as high as today and the community will never be attracted to it knowing meme coins don't always stay long in the market. Elon is definitely a big part on the success of Dogecoin and once Elon stops shilling on it, i think it will gradually fall its price down.
1960  Economy / Economics / Re: DO I NEED TO LOOSE THE ONE I HAVE GOTTEN OR LOOK TO GAIN MORE? on: September 21, 2021, 08:53:19 PM
Everyone’s wish is to have a good and dream future which is more brighter than any other thing else, but by so doing, some loose the ones they have gotten already while others tends to gain more and add to their fortunes, thereby making them more famous and relevant. The Bible said “Hold thou fast which thou has” so there is no justification for you to loose the things you have gotten but this don’t always stand as some people are ready to gain even the one which you have accumulated for yourself. In my life, I feel better to gain than loss because;
1.Winning and gaining is what am in this life for
2.  Gaining will make me more relevant in all endeavors than to loose
3.  For me to get engaged in many things, then my mindset is determined already
    on gains
4.  I say yes to the pains because no pain then no gain, therefore I should have
    more.


In the process of achieving our goal, there are really tendencies that we have to sacrifice some things in order to get what we want and to be where we want to be. It's just a matter of priority. What weighs more than the other, we have to let go to grip the other. Although we can still gain without having to lose anything by planning strategically to mitigate losses of assets and funds and of course, by having the privilege of achieving things without the need to sacrifice anything we have. Some people are lucky enough to gain without losing, while others have it tough before they manage to gain anything and both are fine as long as acquired with integrity.
I think its normal to have losses at first before you end up gaining, than just gaining profits all the time and when you happen to lose, you'll definitely lose everything you have. Although its a matter of priority, but i must say there are no sweet profits if you have not experience losses along the way.

Maybe all of us here have been losing a couple of times and i believe that will be very impossible if you always come up winning without losing even once. Because life is just about losing and winning, you just have to balance it out.
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