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2301  Economy / Speculation / Re: BTC Sentiment Poll for May on: May 09, 2022, 11:29:54 AM
Probably going back down a bit more or a steady movement. The sentiment is rather negative right now especially after it dropped down from that recovery from the initial bearish impression it gave that let the price reach almost below $30k. We're still gonna see a lot of struggling for the month, I reckon we would only really see a recovery by the last quarter of the year. We might see it go up as a recovery, but I don't think it's going to stay there that long, the market would still probably stay at the current range.
2302  Economy / Gambling discussion / Re: PROS AND CONS OF CRRYPTOGAMBLING. on: May 09, 2022, 04:51:17 AM
Firstly, crypto-gambling is never a stable source of profit because anything can happen(loss) .
That was kinda dumb, gambling, in general, is literally this, not just crypto-gambling to be specific. Heck, this isn't even a discussion of crypto gambling vs gambling imo, this is simply you stating the advantage of NOT crypto gambling, but rather crypto itself. Well not that it's wrong, crypto gambling just takes the attributes of crypto and sets it in their system, so it technically is the same, just that it still feels odd how you compared crypto vs gambling itself, and not really brick and mortar casinos or something of the sort.

There's also the idea that well, even if crypto (Bitcoin) itself is private, casinos still hold the right to ask for KYC (most of them have this in their TOS), and most often than not, those cases are mostly when you are about to withdraw, so it doesn't really change much in that scenario.
2303  Economy / Gambling / Re: I miss the old OnChain gambling on: May 09, 2022, 01:33:23 AM
Might be because the current system offered this way is much more comfortable in terms of experience given to the user. Yes, it's at the cost of KYC rules BUT you can't deny that with the order that those casinos give out, most of the experience users felt has been a lot more comfortable/better for the most part (emphasis on most). I reckon it wouldn't be that bad for a group/company to develop those types of casinos again, but I don't think it can be kept afloat since I don't think a lot of users would actually use it since the majority of the people would rather enjoy a comfortable (and a bit more secure than others) type of experience.
2304  Economy / Economics / Re: Get, Save & Invest. on: May 07, 2022, 04:17:31 PM
Kinda sad since most people get stopped at the "saving" part since the money they obtained is basically used to pay whatever bills, food, or debts that they have. Not to mention that even if they save, I don't think they'd invest (they'd probably much rather stash it in their bank accounts or something), a lot of people fear that risk of "investing" since it seems like they're just going to end up losing the entire savings they earned for god knows how long. Not that I can blame them, I was the same at first. Just that I guess I had more opportunities since I was opened up to the "investing" idea  part when I was in late high school. (took me a few years before I was able to invest itself though).
2305  Economy / Speculation / Re: Best time for me to buy on: May 07, 2022, 02:19:04 PM
I mean how far along are you thinking of when investing? If it's more than a year or two then yea, this is a pretty good spot to enter in imo. Wanting to wait for a lower price may be a good idea, but that's just a loop you're gonna keep on entering, later on, might as well just do it now imo (especially if you're looking for the long term). If you were planning to day trade then I'm pretty sure it's always a buy since you're going to immediately sell anyway after getting a bit of profit, then rinse and repeat.
2306  Economy / Trading Discussion / Re: Few Steps To Avoid Losses In Trading. on: May 07, 2022, 12:46:55 PM
Isn't the first step to trading acknowledging that there'd be instances where you lose your money, albeit temporarily? At least that's how I set my mindset whenever I start a trade, it's just a matter of whether I accept that loss (which is unlikely) or that loss is simply a part of a movement of the market and that it would grow to be better. Might be because of the influence of me investing in the long term instead of day trading or short-term trading though, since I don't actively try to actually look at the movement of the market at every time possible.

90% of plebs who day trade/swing trade shitcoins LOSE money given enougn time. Plebs will sometimes make some profit, but later, plebs will lose them back to the market. I learned it myself, the HARD WAY. I lost months and months worth of savings before I stopped, and started buying the Bitcoin DIP, and HODL since 2019. It's good for your pocket, and your sanity.
Agree. I've tried testing them out and they just honestly aren't that good of an investment, especially in the long term. Most of them are just hyped up a f, you can get a good profit if you're able to time it right (and with a bit of luck).
2307  Economy / Economics / Re: "...all of the bitcoin in the world for $25" on: May 07, 2022, 07:46:28 AM
Warren Buffet has always been against Crypto and I don't think that's going to change any time sooner. He's seen the market go up and down and as an investor, I'm pretty sure that would normally be enough to say that they made a mistake, but he didn't say so and instead solidified his position of going against Bitcoin. There's not even any point in trying to get him to accept Bitcoin, he has his own investing strategy, and investing in innovative projects might just simply be not one of them.
2308  Economy / Speculation / Re: Why Bitcoin price is falling? on: May 07, 2022, 03:46:21 AM
Bear market ig. I mean it goes back up in the past month wasn't really a sign of it entering a bullish season, it was just a recovery from the bearish run before it. I guess it couldn't hold that recovery and went back down once more, might be because of the general outlook right now on the market being negative. I wouldn't consider it that bad though, I mean we were in this same state a month ago, If we zoom out then it's just an up down movement so far. Maybe if we go down to $20k levels, then panic a bit.
2309  Economy / Economics / Re: Standard of living on: May 07, 2022, 01:25:02 AM
I'm just going to judge this based on the cost of goods and services and compared to back then when I was a kid, it has increased but not to the point where it has heavily damaged OUR living standards. I can't say the same for other families though. Based on what I remember a decade or so ago, the increase in price could be scaled to around 30%? It might be higher on other services or products, but most of what is needed (at least for me) for everyday life increased by that much iirc. This is in PH btw.

I can't say that it's THAT good though since the minimum wage is still fairly low to properly support your family.
2310  Economy / Economics / Re: Is Elon musk's buying of Twitter fueled by Jack Sweeney?? on: May 06, 2022, 12:30:51 PM
I'm rather amazed at how people find connections for the weirdest of things. He's an entrepreneur, he wouldn't have reached his current position if he couldn't use his brain to think about stuff,  and buying Twitter based on this kid certainly isn't one of them. I wouldn't even consider Musk having "impulsive" actions, pretty sure they all have some thinking behind them one way or another. Plus I don't think he gives a damn about what people think about him, so I don't think being "afraid" of jack is plausible.
2311  Economy / Gambling / Re: crash game some new ideas on: May 06, 2022, 09:44:37 AM
Everything is possible !
To casino , everybody knows the biggest problem is new players, why? Because they make too much money!

If i creat a new online gambling website , i will do it !
Thing is, that's your opinion, and you certainly ain't the owner of the various casinos out there. Businesses don't look at things in the short term, having a lack of players in the early stage certainly isn't a problem for them since the plans they've made take such situations into account. Given enough time, most casinos would grow to a level enough to actually pay back the losses (and probably more) that they lost early on when the player count was low.
2312  Economy / Gambling / Re: Top Crypto SportsBetting Sites For US Citizens Abroad? on: May 06, 2022, 08:24:58 AM
Are there crypto sportsbooks that do not have KYC or do they all do? 
They would all require you, in the end, to submit KYC details afaik. They cover it up by saying that they'd only do KYC "if needed", but in most cases, if not all ,withdrawals (for big wins) would usually be those "if needed" scenarios. In the end, I'd highly suggest that you'd be prepared to submit KYC details whenever you register, whether or not it's immediately needed on registration.

Know many sites do that kyc thing where they ask for lot of documents only to stall and possibly lie or make new rules up so they won't pay your balance out so like to know this.  Or avoid all crypto sportsbooks?
That's for scam casinos imo. Legitimate ones might just really need to take some time before processing the documents you submitted. Maybe wait for a week before submitting a query about the current status, then if it lasts a month, you can probably safely say that the site is a scam.
2313  Economy / Economics / Re: Bitcoins and Influential Social Networks on: May 06, 2022, 05:02:30 AM
Anything you'd want to boost popularity with would always use social media as a medium. It's basically a hub where people can easily interact and share their opinions, as well as spread them to basically everyone else that uses the internet. The major goal in using it anyway is to let the people know of the existence of the project you are endorsing, the rest of the information added is just flavor to increase the chances of you actually remembering it (or not). As long as the project sticks out to someone, I'm pretty sure most businesses would consider it a success.
2314  Economy / Trading Discussion / Re: He Lost His Investment. See what Happened! on: May 05, 2022, 02:41:26 PM
1. How do we evaluate capability and credibility of some entities or individuals that trade for people or some professional traders who trade for people?
Well the most basic method to judge someone is the amount of profit (in %) they can earn in general. Ofc it probably isn't all, but if you were looking for the simplest metric, then that would be it imo.

2. I've seen some Telegram group that sell trading services and signals advice. How do we know if they are good to do business with?
Yea just don't. DYOR, stop trying to think that others would simply give you their research and study of the market. Think about it, that's a profiting strategy, would you willingly share it? Maybe a small number would, but a majority would never.
3. Is Telegram escrow system a scam  or not?
Probably scam? I mean there might be legit ones, but they would be rather hard to find. I'd say just don't look for escrow in telegram.
2315  Economy / Gambling / Re: The most rewarding referral system on: May 05, 2022, 12:25:50 PM
referral is just a Peanut but if you do better and had a lot of chance to gather players inside the site then you'll earn much from what you are looing .
But it's tedious, and honestly not worth the effort if you want to look at it as your main source of income. In all honesty, you'd probably be better off looking to learn something instead of trying this kind of activity. There might even be better ways to earn money through beer money activities. And you could probably learn some stuff there even in rare cases.

Why not try to send Email in all the casino that has Referral reward that mentioned above? so it is not you in which to choose but the casino that will offer you reward for your job lol.
because each gambling sites has their own promotion and budget, if they can see you are worth a  Pay ? then why now let them show your offering for their business .
I don't think casinos would do that, they'd much rather ask for an official partnership with famous YouTubers, artists, or simply content creators instead of some random guy on the internet that wants to earn money. It's not really rude, it's just business.
2316  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: May 05, 2022, 04:26:54 AM
- Do you think that your respective government will do the same even though that gambling is a big contributor to the government's revenue? It's a big sacrifice but no choice since lots of people got wrecked here and there are still unsolved cases of missing people.
I suppose? (Though I'm also a PH resident so I suppose they've already done it). Might be better to ask this as a personal opinion instead of a what-if for the government. Anyway, I'd suppose I'd do the same. Yes I understand the logic that it isn't really the activity's fault for them doing those stuff, Pretty sure any gambling activity would make them do the same, but you can't deny that it IS still the apparent reason at that moment. Though this is a band-aid solution really at most since it doesn't really attack the core of the problem

- Is it really valid that we should blame the online cockfighting here that's why most people wrecked their lives?
No, not really. I mean I get the logic, and it's exactly why I refuse to blame the activity. Just that it's a kind of delicate matter imo, since we're tackling here the mentality of players. And it's a LOT harder to educate people compared to outright just banning the source of the problem (even if there are multiple sources forr the problem).
2317  Economy / Gambling / Re: Provably fair RTP ? on: May 05, 2022, 01:33:01 AM
There are a lot of discussions in casino chats and forums on casinos hiding the actual RTP for their games and the RTP and Variance being adjusted in real-time to "feed" during certain periods. A provably fair system to check this will build more trust and it will also reduce frustration and negativity from gamblers on these platforms.
Probably because as you said, if they were to give out a way to check the RTP, if it were to ever change the cause of some variance and shows unmatched results, it may just be argued that the casino is lying. Not to mention that for the average user, it's rather complicated that they wouldn't even bother trying it out in the first place. And considering how casinos are in the first place, businesses and they would, ofc, prioritize profits first, putting out that small feature (even if it's rather simple), they wouldn't really bother with it.
2318  Economy / Trading Discussion / Re: Advice for poor people who wanna get some crypto on: May 04, 2022, 02:36:43 PM
Ps, I think about what you think, a poor guy came there and try to get stuff free, go to work buddy. Ok, it is true, I searching for something free because I have a bad financial status,I was working as an mechanic and I was fire because service closed, and I searching for everything can came. I have 1 baby and I need to put food on the table when I get home Smiley so please, all hate stuff it is not accepted.
No one's hating on you trust me, it's just that we gotta let reality slap you in the face since you're kind of in the clouds with how you're thinking right now. Bonuses given when creating accounts or doing something are natural when it comes to most of this stuff, but they're really small and for withdrawals, you need to pretty much provide your identity. Up to you if you think giving out your identity is worth that few bucks. I'd suggest trying to earn money that you'd be capable of losing, then invest slowly into assets you think would grow in the long term (which is safer).
2319  Economy / Trading Discussion / Re: The Signal to Start Trading and the Signal to Close Trading on: May 04, 2022, 04:48:14 AM
I mean THAT is the core of trading, it's basically the part that determines whether you're going to profit or not, ofc it's difficult. To help in identifying it, the two types of analysis (fundamental and technical) should be pretty helpful for you to decide on a path to take. Ofc it still involves you understanding the market and making your own predictions and suggestions based on your own current understanding, but all those are based on what news you actually receive or analyze anyway. You also can't deny that "gut feelings" have helped a lot of traders in the past, but that'd be a one or two off kind of thing imo.
2320  Economy / Gambling discussion / Re: Horse Racing and Gambling on it should be banned on: May 04, 2022, 12:11:08 AM
We should not overreact to animal cruelty because legit horse racing is regulated by the government. If they will do an improper act, they will face the consequences of the law. Horse racing is not what others think as easy as simply running horses. There are guidelines and terms about the proper way of treating horses here before placing them on the race track.
^This. Horse racing is an industry that's been in place for SO long. Do you think its morality and ethics haven't been questioned in that period of time? It's probably been asked a lot really, and the government has probably done a LOT to actually address it imo. Ofc the core of this should always be to take care of horses as much as sports teams take care of their players. It's really just a matter of trying to improve the quality that horses are able to experience so that they can race to their fullest (naturally, that is).

Having it virtually will have the idea of no more stressing the horses and I've seen those virtual ones and even I've played with it. This is much better than those using real horses.
As you said, that would raise questions about it being rigged. Horse racing is a battle of numbers after all, and I think virtual horse racing would simplify trying to identify those numbers (which would probably make it easier to predict winners).
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