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2001  Economy / Speculation / Re: If Russia goes full Bitcoin adoption on: March 16, 2022, 10:22:52 PM
Current Russia is a very corrupted place. Specially in the highest echelons of power. If they go fully Bitcoin, it will never be possible to exterminate corruption and build a bright future. If countries with weak economy use Bitcoin to save from inflation or high volatility, then if Russia goes Bitcoin, country with such powers and resources, it would be a global disaster.

I think if Russia fully uses bitcoin it will have a positive impact, more and more people are optimistic about the future of bitcoin, there will be a surge in purchases so the price will skyrocket, if there is a corrupt country it is precisely the presence of decentralized bitcoin, we can see transactions and how much the corrupt save in bitcoins.
If only Russian people could do that but come to think about it, how does Bitcoin help them during their war? I think what they meant here was the people who are using banks transfer their assets into Bitcoin and if they do so we'll probably see a FOMO these days. But it turns out it's all just a bluff and I think it's more like a manipulation when Bitcoin did pump last week.

Bitcoin is not the only option for them. Right now, some are turning to CNY (Chinese Yuan), and instead of USD they are now starting to utilize the Yuan for international transactions. So bitcoin is just one of the options here but more than likely, they will still prefer fiat for most of their transactions. So I don't think they will go full in bitcoin because they have other options to take. But maybe, it will contribute to more adoption in crypto market.
Correct, bitcoin will be nothing more but another option on the arsenal of options Russia will try to use to somehow get around the sanctions, the problem is that the US is probably then going to use this as yet another reason to try to regulate bitcoin even further, it will be just an excuse and they know it but they are not going to miss any chance to try to damage the image of bitcoin by claiming that now it is aiding Putin, forgetting of course of all the donations people have made to Ukraine in bitcoin to help them a little bit on their war effort.
It will be bad for bitcoin if their adoption will happen in the middle of the war since this might be added to their sanction list and bitcoin might be ban from different countries of the world so I guess this will be a bad option to make by them since we might suffer to this action. Maybe let them focus on other things and might they adopt yuan since they are allied with China and provably they will help them thru this sanctions happening to them.
2002  Local / Pilipinas / Re: Bear Market thread on: March 16, 2022, 11:58:51 AM
At ngayon, after nating pumalo sa $45k at medyo bumaba sa $43k then naging volatile sa price nato, nasa below $40k na naman tayo.

Dahil parin siguro to sa giyera na nangyayari sa pagitan ng Ukraine at Russia, talagang matapang is Putin, patibayan na lang to sa dulo, gas ng Russia sa UE or sanction ng West laban sa kanila.

Pero syempre ang kawawa eh tayong lahat at sana lang makita ng buong mundo ang kahalagan ng crypto at bitcoin bilang hedge sa mga ganitong kaganapan para at least ma maintain natin ang $40k-$50k.
Very volatile ni Bitcoin ngayon, akala naten ay tuloy tuloy na ang pag taas nito pero hinde pa pala at muli itong bumagsak below $40k, at mukang matatagalan ulit bago makaangat lalo na ngayon na mas lumalala ang tension sa Ukraine at Russia, at nagsisimula na tumaas ang presyo ng gas.

Sana nga ay maging stable si Bitcoin above $40k, hinde man naten makita ang solis bull this year but at least we are still on a good price level.

Mahirap talaga ang market ngayon, so ang ipaglalaban na lang natin eh makita ang bitcoin na above $40k. At mukhang ang price ay magiging $30k-$40k lang. Pero sa tingin ko maganda parin kung dito lang sya maglalaro at hindi na babagsak ng tuluyan. Hayaan na lang natin kung makatagos sa $40k pataas sa future. Maraming pangyayari pa siguro ang darating na maliban sa war sa Europe meron pang negative news na darating. So sa ngayon ok na tayo sa $30k-$40k muna up to June or July.

Maganda nadin ang nangyayari ngayon at kahit na me banta ng krisis still nasa stable state padin naman si bitcoin at maybe in next following month once na na overcome na ng mga tao ang takot sa pagbili ng crypto e tataas na ulit yan, lalo na kumakalat ang hype na gumamit ang mga tao sa ukraine at russia ng bitcoin upang makaiwas sa mga sanction o anumang banta sa sarili nilang pananalapi.
2003  Bitcoin / Bitcoin Discussion / Re: Huge Future Bitcoin Holders! on: March 16, 2022, 10:58:15 AM
A lot Unknown, that's why I ask a lot of questions.
With over 50 million millionaires across the globe and 21 million BTC , what happens when every millionaire out there gets 1 BTC ?
Half of the 50 is 25 and they can all get the 21million BTC.

This giving the rich a better chance to be richer, and not to the middle class nor poor.
Ain't this a threat to the future ? Cos I believe, 80% of Bitcoiner's are big time holders.

Thoughts please.
Thank X

Why focus on those millionaires because all of them have other business to deal with and if they are interested with bitcoin then maybe by now we see majority of them are in this industry. Its just each one of us have different perspective upon looking on different investment and might majority of millionaires doesn't want to engage with bitcoin since as we can see on the mainstream bitcoin didn't get a positive outputs towards them. Just focus on what did you do today since for sure it can help you out gain in future.
2004  Economy / Gambling / Re: 🎲BetFury.io|​​✍️Signature Campaign|🎰Boosted DailyBattle x10 reward 👾Fantom on: March 15, 2022, 10:52:55 PM

The minimum bet is indeed 1 satoshi (valid for all coins) but take into account that you only will get BFG tokens when you bet 0.01$. So betting less than that, has not a lot use as the house edge is also higher than compared to the other sites.

I think this is a good call for those gamblers who are afraid of losing big money despite their gambling addiction. They could minimize mental damage and just have fun all the time they want. Deep down in me, there is also this kind of feeling, that I don't wanna lose big time and bet as minimal as I could. I remembered playing just raindrops from one of the casinos in here way back I was just exploring betting sites.

For gambler who only want is to have fun playing well 10k satoshi will not a big deal at all knowing that this is a small amount which majority can afford to lose it, but if we talk about addicted I think they can't bet just 10k satoshi for their games because if you get addicted for sure you want more from your games especially the profit so the urge to win huge is high that's why as I see many of them bet huge for that thing. But for people who after for fun only I guess mostly of them are enjoying with 10k satoshi and they frequently do that just to extend their game time and to enjoy the game more without worrying anything.
2005  Economy / Gambling discussion / Re: 2022 NBA Season on: March 15, 2022, 02:25:06 PM
Also of course since my Chicago bulls are finally playing well. It’s about time for them lol.

They are playing well but recently they have some trouble winning games. I know they are already guaranteed with a playoff spot due to their good standing, however, I'm a bit worried that they might struggle in the playoffs and they'll have an early exit.. I'm hoping it's not gonna happen but I'm a abit worried.

Playoffs has different mod so expect that many teams will play differently since in playoffs many players will exert more effort just to win every single game they play and if Bulls will not adjust unto their past losses and remain to be like that then maybe they will flop on playoffs. But I guess it will not and they provably give a best fight to their opponent since every game is important.
2006  Economy / Economics / Re: Donations for refugees who abroad on: March 15, 2022, 12:12:36 PM
Posting this will not earn sympathy to the forum users here but instead it will leave an impression that you are trying to scam people who symphatize those people suffering abroad. Also you don't have any credibility for people to believe what you are saying so I guess you will not succeed on what you are asking from people here.
2007  Economy / Marketplace / Re: Has your bank or credit card told you they will stop you buying crypto? on: March 15, 2022, 10:56:51 AM
Strange, I think banks on the contrary see cryptocurrency as a competitor because many of them have no influence on bitcoin transactions and the various currency markets on the net. Governments in many countries understand that bitcoin is safe, but there is a tax-free profit opportunity behind it. And that's the only reason they don't like all the innovation in this area

They don't see it as competitor right now they just following what government implement to them and they maybe complying with the law. If crypto will just be legal on many parts of the country for sure banks will adopt it also since for sure they go with those industry which can create huge profit to them. And maybe some institution will create a crypto banks to adopt and earn some benefits with it.
2008  Economy / Gambling discussion / Re: What will be the next big industry move? on: March 14, 2022, 11:48:46 PM
Last night, I idly watched a movie about VR. The film is called Moussa, and I wonder if it will be like VR is happening now? But if it has been applied to gambling, how do you feel about playing gambling using glasses? It also feels strange if we wear VR glasses to play gambling. Or maybe with the development of technology, we can see playing gambling virtually like when we interact at a real gambling table. It's really still beyond my ability to imagine Grin
It may seem odd now but people adapt very fast to those changes, if we were able to tell people 50 years ago that in the future most people on the street would be looking at a small device instead of looking ahead of them and that most social interactions will be done through that device they would have never believed us, but now look at us, that is the reality in which we are living, and I think VR is going to have an even bigger impact than the one we are seeing with smartphones today.

VR is now slowly spreading and the interest of people especially on gaming scene is now rising and if casino owners adopt this and implement this on their businesses then provably we can see this industry became more bigger and successful as many people want to play in different settings using VR or anything what can make them entertain.
2009  Local / Altcoins (Pilipinas) / Re: MIR4 NFT game? on: March 14, 2022, 10:29:31 PM
ayaw mo bumili sa clan shop? 10k clan coins lang yung rare tapos 30k clan coins yung epic. pati vigor pills pag kinulang sa clan shop na rin ako bumibili ahahaha. pero sabagay pag crinaft mo makakatipid ka sa clan coins.

Pinangbili ko ng epic ore chest at glittering yung mga clan coins ko.  Cheesy Ipon pa ulit at diyan na ako bibili.
Kapag focus naman sa pagpapalevel medyo nakakatipid na dahil wala masyadong gastusin. Pots at Vigor lang solve solve na.

Buti nakakasolo ka ng EXP Chamber? Madalas dito sa amin may tao. Ang hirap tukuyin ng oras na pahinga sila or baka nagmamagdamag din at bumibili na ng tickets para makalevel ng mabilis. Training chamber sa 5f ang mostly walang tao dito kaya chinachaga ko na.

Parang mas maganda nga yan kung training chamber tapos halos walang tao, hindi mo need mag isip na baka ma pk ka at pwede mo rin iwanan kung tinatamad ka mag lure ng mobs, mahirap kasi din talaga maghanap ng expi chamber na walang tao, kapareho din dito sa server namin parang hindi nawawalan ng tao magdamagan ata bihira pa yung papayag na makishare at masakit pa auto pk pag tapak mo sa chamber.

Kadalasan sa training chamber pinupatakte ng tao dahil malayang makapag afk dahil di pinapatay at tsaka normal na gusto sulohin ng iba ang exp chamber lalo na pag naka xp tonic ka dahil masasayang kasi oras mo kapag me kahati at kahit ako pinipk ko yung nakisawsaw sa spot ko para walang istorbo at masulit  lahat ng tickets na ginamit ko.
2010  Economy / Economics / Re: Russia can evade sanction through cryptocurrencies on: March 14, 2022, 02:19:41 PM
I am also with you here. Bitcoin or any other crypto won't be their first alternative choice here but rather other assets like gold. Remember, China banned crypto miners already. So how can they trade crypto with China? So possibly one of the first alternatives is via convert their money to Chinese Yuan or buy gold. Bitcoin as well as crypto may be part of the alternatives but I don't think it would be their main option. They need to consider the other countries that may possibly accept their trade.
China banned it for citizens, but if Russian oligarchs could get their hands on some Chinese officials and make deals with them, I am sure it could be done. However I also believe that Russians could find some other nations to deal with as well.

I mean this is crypto and where it came from could be hidden if you are rich enough, all you have to do is get some "things" in return of your crypto, and that way you could cash that out in the future or even own things as well. Like they could literally use crypto to buy land area or ports with the money they have. For some reason Russians love ports, and that is what they could do with the money they turn into crypto (I mean oligarchs, not regular citizens)

They can adopt yuan temporarily while their main currency is been sanctioned by many entity. And this will be good to china since it possibly create demand for their own fiat also. They can start to mock up with USD as this could divide the demand of USD since there's yuan that might change everything in economic state. For now China is the solution of Russia so to win this war against western they should cooperate and do some strategic work together.
2011  Economy / Gambling / Re: Bitcasino.io 💜 — How to choose a VPN for online games? 🔓 on: March 14, 2022, 12:05:35 PM
Bitcasino is one of the best casino I know I read some of your blogs and about the Ukraine donation and now information about the VPN, I haven't seen it in other gambling site where they give useful information to their players and other information. Thank you Bitcasino!
I have to agree they were the first casino that started the donation for Ukraine. I remember I got the email that said that bitcasino will match the donation made by players and on first thought I felt like it's a scam but then I realized that it was actually legit and real after clicking the link in that email.

After that their sister site sportsbetio also started the same I think, which was equally amazing. These are the times when you realize whether a casino is operating just to make money or are socially responsible as well. Kudos to the bitcasino team!
Indeed they were also the first one to have Ukraine national flag on the site to show their full support to the people.The casino could provide variety of games to you for entertainment and profit motives but helping the society in emergency crisis is what make them more reputed and apart from others.The way they have helped through donations and flag support is totally amazing.

Indeed its a good deed made by them to show support of Ukraine, but I do hope Russian government will not find this offensive and make this as a ground to ban them on their country and as well hopefully this will not add to the commotion made by cryptocurrency and take bad action on it.

This is indeed what make them a good platform because they are actively helping the society and they are not just there for business only, they exist to help a country who's in need of assistance.
2012  Economy / Speculation / Re: Bitcoin VS Oil VS Russia VS Ukraine on: March 13, 2022, 11:59:13 PM
The current event taking place in Ukraine have lead to scarcity of oil and inflation o commodities that needed oil...

But how does this events affects the price of bitcoin and crypto currencies in general since now Ukraine and people in Russia use crypto?

Are the government going to also sanction exchanges and wallet owners?

Please I need you guys views on this

There's no sanction happen towards wallet owners so far so you don't need to get afraid of this since so far exchange owners and wallet providers are neutral towards this issues. Also the only thing affect crypto on this situation is the possible crisis brought by this war that's why many people got afraid and immediately dumo to secure their profit or asset but as you can see those are short term only and now we can see thay bitcoin became stable and doing good right now.
2013  Local / Altcoins (Pilipinas) / Re: Sa tingin niyo ano mas maganda? on: March 13, 2022, 11:02:30 PM
If may capital ka mas ok mag-invest sa mga established cryptocurrency na mababa ang presyo.  Nakikita ko kasi trending ng NFT, palaging pabagsak ang presyo.  Di ko na siguro need magbanggit ng examples dahil sure ako naranasan nating mga nag-invest both sa nft games at nft items.  Pero kung trip mo nasa sa iyo naman ang desisyon.  Ang masasabi ko lang parehong gimick yan dalawang yan  Grin. Napakadaling gumawa ng nft item daming nagkalat na tutorial sa youtube at may easy nft creation na mga websites and at the same time ay nandun na rin ang market. So bakit hindi ka na lang gumawa ng sarili mong NFT at ibenta mo at least minimized pa ang capital na kailangan mo Wink

Sa dami ng art piece na naka display sa opensea malamang mahihirapan ka maka sales kung gagawa ka ng nft mo dahil need mo parin makapag hype at mahal masyado marketing kung mag launch ka ng sayo kaya kung small time investor ka lang mainam mag flip ng mga ito at ang target talaga dito ay ma sell agad ang item kung bullish ka at lipat agad at wag magpapaiwan dahil ipit talaga ang aabutin natin dito kung ganun ginawa mo.
2014  Economy / Speculation / Re: Highest in history on: March 11, 2022, 12:13:23 PM
I became friends with an influencer. She is a person who is great at auditing projects but she doesn't charge any money, she works for the people and investors and not for the projects.

I agree that we cannot say that all people who do such work are doing something bad, there are always exceptions. If that person is helping you and others to be successful in their investments and is not yet asking for any compensation, then this is one of those exceptions.

However, all those influencers that I personally had the opportunity to see on YT are not worth anyone's time, let alone investments. If you understand Bitcoin at least at a basic level, no one has to tell you what will happen in 1 or 5 years - look back and you will easily understand in which direction we are going.

Or we can say that everyone is really here for the money, it's that simply. Just a handful maybe that will legitimate help you out. But I would say base on observation, majority of the influencers and the major motivation for them is to make money out of their subscribers, regardless of their experience. And usually those who are loud and making a lot of noise in YT doesn't have any experience at all, and yet they still have a lot of followers, short of just they are blatantly scamming others with their so called experts advise.

We can count only on fingers on how many of those influencers provides quality content to their subscribers and majority of them if not hyping a project sharing some unrealistic insights towards the movement of cryptocurrency. This is one of the reason why we need to help ourselves to research because this is the best way to know more better on what we are trying to do if we invest on crypto specifically with bitcoin
2015  Economy / Gambling discussion / Re: Blame Game in gambling on: March 11, 2022, 10:41:19 AM

Casinos have done their part issuing warning to those who signed up and play, they have strong warnings against those who exceed time and pour a lot of money into their casinos, they even had features to protect their players but unfortunately, players will always find a way to ignore and get past those features, in the end, if they suffer from losses they will blame the casinos when everything is pointing to their own action.

Everybody wants to get a means to put their blames on the next person. Casinos don't really force people to come play with them but people want to make money or double what they have and they fall for it. They don't need to blame anyone if they don't have control of themselves to play and bet with what they can lose. There are warning in every casino or gambling platform about the risk to it and if the gambler is play beyond control then it is the fault of such player.

The urge for wanting more or earn quickly is one of the main reason why people choose to risk their money to play on some games and mostly those people who blame other about their losses are newbie one who just been hype by certain person who tells them that they can earn huge money by just simply playing the games. More influencer are hyping people and they show huge amount of money to their subscribers that's why many live in fantasies that they can have those wealth to if they play.
2016  Economy / Scam Accusations / Re: Trending Ponzi Schemes (Scam) in Social Media on: March 10, 2022, 10:06:41 PM
Its not coincident this 3 page is created by same scammer since 3 try got better more chances to scam people so I guess its better to stay away on this classic scam since scammers always use that word earning by using your phone and other to good to be true profit to their prospects.

People should be reminded this that if its good to be true its not true simple words but can help us think good in our investment.
2017  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain? on: March 10, 2022, 01:31:37 PM
Ethereum still the best chain since its proven secured and most adopted, but if you are worried about fees and network traffics since there are high volume of transactions made by its user maybe you can select Binance chain since this is also convenient for token creation and this one is mostly used by scam devs since its easy to create new tokens for using BNB chain.
2018  Economy / Gambling discussion / Re: Blame Game in gambling on: March 10, 2022, 11:36:33 AM
People now are aware of the technology and the internet so most of their parents now are leaving their children at an early age within their gadgets and by that, they can self-aware about the things on the internet such as gambling, the role of the parents must restrict their children and guide them because sometimes they don't know what's really doing of their child imagine at a very young age get addicted to the online gambling it's not suitable at the very young age. Better to help their child than blame each other because its about the mental health of the child.
Parenting these days needs to be extra vigilant compare to the traditional one, it's the time as well we've likely to have snowflake minded kids and can't even fathom a delayed gratification, they'd tantrum over silly things. We can't judge how they raise their child/Ren since we don't know ourselves what we will do in the future.

These internet age, you need to be techie as well and as far as I know there's a gadget to monitor every child and to filter out these bad actor apps and similar things like gambling. It's more like a filtering thing for what you can browse on a phone especially if it's for your child.

Childrens has a lot of access of everything over the net that's why its good for them to watch their child on what they are doing on internet because if they let them do whatever they want then provably this cases will still happen and worse their children will engage on illegal things at early age. Parents should explain and educate their child about huge risk and other things bothering in their mind because curiosity will always happen especially when children are misguided.
2019  Economy / Speculation / Re: Why is the price of BTC dropping? on: March 10, 2022, 10:45:21 AM
Seeming decline in the price of Bitcoin is becoming a cause for alarm, because investors and intending ones will be skeptical, preferring to wait to see if there will be a balance.
 Although, the values of risky assets like the BTC tend to take a downward slope in the wake of the Federal Reserve making policy changes to more fiscally conservative. Also, measures enacted by the federal that are designed to control inflation have had a negative impact on the price of BTC.
 More so, as Bitcoin matures and becomes more accepted and adopted, the price is increasingly correlated with the prices of traditional assets like stocks.
Though the rate at which the price of BTC is dropping, financial analyst and professional, Ric Edelman has urged investors to stay calm and not be in a hurry to sell of their BTC, assuring that there is a favorable look on the Bitcoin in the long term.
He went further to state that this is thr fifth time BTC price has fallen by 50% or more since it's inception in 2009.
Bitcoin is currently trading at $37,000 down approximately 45% from its high as posted in Nov. 2021. Are there provisions put in place to curtail this downward spiral? https://www.investopedia.com/why-is-bitcoin-price-dropping-5216985

Are you totally new? If yes you didn't see the worse yet and this current drop is just a little bit drop happen in history so what I can suggest to you is research all the history about bitcoin so that you will not get worried on small movements happen on it. Also price drop is normal since this is so normal on bitcoin and better chill out since the reason for this is the existing war happening in Ukraine which affect a lot in economy also in cryptocurrency.
2020  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: March 09, 2022, 10:35:18 PM
I know there are heavy players out there who are wagering huge amount of money everyday at Roobet casino. However, I am really trying hard to get as much entries as I could in this contest.
I have received around 106 Tickets so far and still continuing to manage the game. Its really hard to keep playing with balance going up and down but Im keeping up the motivation anyways.
106 tickets is not bad at all. It is true that some players who will collect hundreds of thousands of tickets, but I remember that there are those who won previous contests with only a few dozen tickets.
Besides, there are still ten days before the contest ends, which means there is still too much time to collect more tickets. And don't forget that you can earn 2 tickets for each $10 wagered instead of only 1 by playing Pragmatic Play games.
Good luck!

Having huge number of ticket will not guarantee us to win but it will give us more chances of winning but still if luck will not on our side even if we have so many ticket we still have chances to lose on the players who is so lucky and only have limited numbers of ticket, so for this we should always think that we still play luck here and just continue to enjoy the game.

 Good luck to all of us here  Cheesy.
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