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2341  Economy / Gambling discussion / Re: Super Bowl LVI LA Rams vs. Cincinnati Bengals Betting Thread on: February 03, 2022, 09:50:06 AM
Here you can post your bets on who you think will win the upcoming Super Bowl and see if anyone will see and match your offer.

Example, 100,000 Aevo on the LA Rams winning the Super Bowl. Anyone wants to match that bet or bet something else post here.

This could be a nice idea for those people who are fond of football and are looking up to either of the teams which are the Rams and Bengals. However, I think it would be a little hard because betting involves money and it shouldn't just be done in a haste. If this would push through, I suggest having an escrow that could temporarily hold the money until the results are out. It would be difficult to trust just anyone to hold the money especially if there would be many people who would join. Entrusting it to a reputable and reliable escrow would be the only way for this to be a successful betting thread. Although before the betting starts, I think this upcoming Super Bowl would be in favor of the Rams.
2342  Economy / Gambling / Re: Is there a way to get correct scores of the day and week? on: February 03, 2022, 09:19:53 AM
Hi mates

Please I would really love to know if there are some individuals who gives out correct score for the day or possibly for the week; I mean to work as a predictions maybe I could be picking any of the predicted games (Matches for the day to book) and earn some cryptocoin or local currency in my country most of the people who gives me from country not really that active anymore.

I guess others will be happy having those matches posted here, maybe they could join by picking out games and play to help their daily living.
I know the rules involved in gambling so i m not worried if I lose while picking out most games from here.

Thank you so much.

OP, if you really want to win whenever you bet, I suggest you look into each sports team you plan to bet on and do in-depth research bout their performance, capabilities, strategies, and of course, history or records. I know having a tipster would really lessen your burden to do all the things I have mentioned, but also know that some tipsters aren't really effective at all. The things they do, you can do that too. You can predict the winning score by exerting effort in knowing the sports and teams as well as their coaches through researching. If you would just risk having a tipster that is not professional and expert in that certain sport, then it would all be futile. You would just waste time, effort, and money. Analyze well every matches and game they would perform to and from there, double-check their strengths and weaknesses. Do not rely on someone because, at the end of the day, they do not control the game and could only give you a smart guess which you can do too with proper knowledge and skills.
2343  Economy / Trading Discussion / Re: Don't be wiser than the market on: February 02, 2022, 02:06:37 PM
This is an excellent suggestion: take the small profit you have and plan for future purchase. But there is one thing that is quite important: sufficient knowledge of cryptocurrency in general, as well as solid knowledge of trading. Also, try to gain experience before investing large amounts of money, and avoid investing money that you cannot afford to lose.

Sufficient knowledge about cryptocurrency is a good foundation, especially if you're just gonna go with stock trading. It doesn't matter about the amount you're going to put in stock trading, the bigger the better, and go for big top coins such as BTC, ETH, BNB, etc. But if you're gonna do futures trading, I will agree that you need to be careful on how much you're gonna put and risk especially if you're a beginner.
2344  Economy / Trading Discussion / Re: Continuously Loosing money in Trading!!!! on: February 02, 2022, 12:40:33 PM
The current state of the market should be re-examined if the old strategies do not work then the market is very volatile then we have to analyze in every situation according to the market conditions who have to apply the right methods then it is suitable for traders.  Those who learn from experience
If this doesn't work, one thing that OP should do is to quit and just be a hodler or just an occasional buy and sell because not everyone can make money trading and it has been that way ever since and I don't think that there's not a lot that OP can do, if he goes and chase for the break even, he might end up losing more money in the process making the break even much harder.

I agree.

Some things are not really meant to be, if OP can't make any progress no matter what he do, the only conclusion that I'm thinking is that OP is not suited for it, because if OP will continue to do Trading just because of his losses, he will definitely lose more money. On the positive side, at least OP tried and look for another way to earn money that suit his style.

Giving up on something doesn't always mean that you're a coward, sometimes it means you're mature enough to accept the reality and learn from it to grow more.
2345  Economy / Trading Discussion / Re: Who is the best crypto provider to give you advice on how to trade in crypto? on: February 02, 2022, 11:52:20 AM
Because there are so many crypto signal providers now, it's hard for me to pick the right one. Many of these crypto trading signal providers have a good record of giving out good signals, but some are only in it for the money. This is what you need to know about these people. So, which is the best source of crypto trading signals, and which one should you use to make money?

If you don't have the money to pay those crypto signal providers, simply don't get one. The only person you could rely to give you trading signals is yourself. Yes, you're the one who is responsible on getting yourself better and better each day in trading world in exchange of losing money, that is normal, don't expect earning a lot of money when you're just starting your Trading journey.

But if you really want to avail one crypto signal providers, you're gonna have a hard time finding one that ask only a little for his talent fee. So, it's better to study I guess since you can use it in the long run.
2346  Bitcoin / Bitcoin Discussion / Re: El Salvador 🇸🇻 Bitcoin Adoption I Great future Retrospect. on: February 01, 2022, 01:50:37 PM
Events happening in the world of global financial institutions and countries this week have different views, as many of the US cryptocurrency users await the much-talked cryptocurrency regulatory policy by the SEC by the Biden administration, sometimes around this February. Another recent event is the International Monetary funds a global financial institution have instructed El Salvador to delist Bitcoin as a legal tender, but the El Salvador President in a recent tweet stated how bullish the country is about Bitcoin and have made the stand clear to the (IMF) that the country is not going back on it Bitcoin adoption and this is going to give El Salvador a long-term retrospect on cryptocurrency adoption in the future among other countries If&when Bitcoin eventually gain the mainstream adoption.

Source: https://www.dailymail.co.uk/wires/ap/article-10461749/El-Salvador-angrily-rejects-IMF-call-drop-Bitcoin-use.html

I find it really amusing and amazing that El Salvador really stood their ground on its decision of making bitcoin a legal tender. I believe they already thought about all the possible repercussions and maybe they did foresee this to happen as a result of their actions. Since not everyone is in favor of cryptocurrency and bitcoin in general, there would really be an opposition that could bring them so many arguments and challenges. Although despite all of these, I know El Salvador would have a bright future with their firm decision of holding into bitcoin and believing in it. The time would come modernization and innovation would prosper and they would be thankful to their leader for standing up for a revolution and changing of dynamics instead of following the traditional and usual ones.
2347  Bitcoin / Bitcoin Discussion / Re: Critizising BTC power consumption on: February 01, 2022, 01:10:21 PM
Criticizing Bitcoin for its high energy consumption is analogous to criticizing the fire brigade for consuming an excessive amount of water.

I've only been interested in Bitcoin for a year and a half. Would you agree with this remark, or do you think there is a more appropriate analogy?

Bitcoin is a form of energy.Its significant energy consumption is a long-term investment. Bitcoin miners protecting a large network is a positive development.

It's really nice that you are thinking about the power bitcoin is consuming because that means that you also care for the environment and not just money and profit all alone. Regarding the analogy you just gave, I think it is somehow related and connected with each other. Bitcoin consumes power on a daily basis may it be in mining or what, it is consuming energy that is mostly non-renewable to make it function and continuously develop and grow. It is essential for bitcoin to consume power like in mining, otherwise, no bitcoin would be mined if they would stop the operations. Hence, the consuming process of energy is not put to waste. The same goes for the fire brigade which aims to wipe out fire into those areas that need help. It's just that they also consume a lot of water in the process of rescuing, but the water is not just sprayed and drizzled for nothing. It is done for a purpose the same way with bitcoin.
2348  Bitcoin / Bitcoin Discussion / Re: if bitcoin was main currency, what's gonna be the BTC value? on: February 01, 2022, 12:37:21 PM
BTC was created with a new transaction system without a central authority. The BTC can be used in the future as the main currency that we gonna pay with. But what's gonna be the value of a main currency? What's the value of dollars or eur?

-Answer is: The dollar IS the value. The dollar doesn't cost anything. The dollar is the value.

If BTC is gonna be used in future, it not gonna cost anything, because the BTC is gonna be the value. It not gonna be like Bitcoin cost 50,000dollars... Bitcoin not gonna cost anything because Bitcoin IS the value. But that's probably not gonna happen. We not gonna pay with BTC but with stable coins like USDT...

Foremost, bitcoin being the main currency is close to impossible because the government won't allow it to happen in the first place. The central organizations wouldn't permit the blossoming of bitcoin and before it even start to soar, they would definitely stop it instantly. But if it were to be the main currency, I bet the price of it would depend on the supply and demand because in the first place that's what really distinguishes the price position of bitcoin. The market demand and supply circulation as well as the season would predict what value it may hold.
2349  Bitcoin / Bitcoin Discussion / Re: School Students learning bitcoin basics in Slovakia.. on: January 31, 2022, 03:27:37 PM
It's good to know that children are now being exposed to things like these in school. Back then, schools were merely a place to study different subjects such as english, science, and math that could be helpful in the future for their chosen degree. But right now, it's great to be aware that children are learning various things such as bitcoin in school which they could utilize to their own advantage when they get older. At least, at a very young age, they would be introduced to the idea that there's more to life than the usual things taught and learned at school. I love that Slovakia is open-minded and is concerned with the hope of their future to do well in life and to be able to manage their finances well with the help of cryptocurrency. Because after all, time is changing and advancing into something new and modern, therefore, knowing the basics and fundamentals of a thing is of importance.
2350  Economy / Economics / Re: Bitcoin and the economy on: January 31, 2022, 02:13:15 PM
Some countries are now supporting bitcoin which is good and it is helping bitcoin adoption, some countries are nothing supporting bitcoin, some went to the extreme by declaring bitcoin illegal. El Salvador accepted bitcoin a legal tender, Kingdom of Tonga with a population of 100000 is making move to make bitcoin a legal tender. Bitcoin has done well because many country make it legal.

I started to wonder about the reason some countries hate bitcoin, it stated in many country by their central bank because they are planing ways to make the currency of their country superior, they see bitcoin as a threat. The banks will not come up straight to the point, all they will say is that bitcoin can bring up illicit activities. what is funny is that the illicit activities that had started many years ago before the creation of bitcoin.

This is not about the lies from the central banks, this is not about lies bitcoin critics are saying, this is about economic downside of bitcoin. Some people will say bitcoin will add nothing good to the economy, Some people are saying making bitcoin a legal tender in a country like El Salvador that do not have their own currency but spending US dollar will not offer anything good but a downside.

See this quote:

El Salvador is a developing country, developing countries are used to borrowing and El Salvador is not the only country in dept, developing countries that do not make bitcoin a legal tender are also in dept, they all borrow.

If El Salvador has adopted bitcoin earlier, will the country foreign dept be up to $22 billion? Do not get me wrong in this direction, I understand that before a country will accept an asset like bitcoin as a legal tender, there are some things to consider. El Salvador would have grown more than this if the country adopted bitcoin earlier and their dept will not be up to this.

When did El Salvador made bitcoin a legal tender? that was mid 2021, but see El Salvador's dept comparing it with gross domestic product in the country from 2012 to 2020 which is what you are talking about:

El Salvador Government Debt to GDP

https://tradingeconomics.com/el-salvador/government-debt-to-gdp

Is bitcoin the cause of the dept? EL Salvador has not made bitcoin a legal tender in 2020 but the dept grew as years passed by. If president Bukele know all these, it is frustrating which could be the reason for his tweet.

If bitcoin adoption continues, do you no think this can not help El Salvador? It will help the country. if your answer is no, then you might be one of the people that did not support bitcoin in the past.

Before El Salvador make bitcoin a legal tender, see their dept relating it to GDP in the country from 2012 to 2020. Was there anything good?

See the reaction from many critics about El Salvador bitcoin adoption.

The question I want to ask is about the effect of bitcoin on economy in the countries that make it legal?

I thought of this too. It was puzzling me before why some countries do not allow the use of cryptocurrency or anything related to it in their country despite the opportunities and benefits it could offer them. Until it dawned on me that not all of us have the same perspective, not all of us have the same level of understanding and open-mindedness, and not all of us have the same priorities. Each country's goals differ from one another depending on who their leaders are and what kind of governance they have. We really can't please all of them and let them join our community if they don't want to. I guess we just have to do our part which is to inform and encourage, then it would be up to them if they would take the opportunity handed to them or reject it. Either way, it would be good because if they would join, our community would grow bigger, if they won't it's okay as well because we don't want people who are entering to be here half-baked.

But to answer your question, honestly speaking, the effect wouldn't be manifested right away. I think the result would take some time to be felt in their economy most especially in those developing countries. Although it's good that they made a bold and courageous move to make bitcoin legal tender and make crypto, in general, an allowable and legal entity because that could have an impact in terms of taxes that they could collect as well as the demand of the people to use the certain features to experience convenience.
2351  Economy / Economics / Re: Dealing with tax and crypto ban on: January 31, 2022, 01:40:44 PM
I do not understand the need for countries to send crypto miners away, China did it, and that was a big mistake. Imagine a whole lot of business, where people pay you tons of electricity, maybe hire some staff, and then earn a lot of money all within your nation. Is it possible for them to take that money out of the nation and into some other nation? Of course, but that is up to you to convince them to spend it there.

All in all, they are a business and you should be happy to have as many business' as possible all around the nation. That's how you make money as a nation, you get taxes and the more you get taxes the richer your nation will become and sending these companies away only drops the taxes you can collect, makes no sense.

China has to stop crypto mining for environmental reasons. It could be a mistake from others' perspectives, but I think it is not really a loss to them if they are really after the welfare of the planet. Although economically speaking, crypto mining and all other things related to crypto that has been banned have a really big impact on the economy. The taxation of crypto in the centralized exchangers in China is a great loss for them. Although I bet they already thought of this before implementing the banning, hence, they pushed through with it despite the possible repercussions. After all, it's not all about money every single time. Maybe some of their officials have this set of beliefs and principles that they uphold which weigh more than just the satisfaction and money they will generate from crypto mining. Because knowing mining, it consumes a lot of energy which is known to be non-renewable. With that, a lot of energy are being consumed, therefore, a lot of coals are being used as well, resulting in more pollution. I've read as well that the country China is planning to be carbon neutral by the next 18 years which is 2060. So, maybe they really are taking the small steps right now so that withdrawal by then won't be as hard.
2352  Economy / Economics / Re: Crypto in Indian Economy? on: January 31, 2022, 01:03:08 PM
India currently has the largest number of crypto users at over 100 million.  Nowadays, crypto has become very popular among the young people of India and many of them are involved in the crypto business.  How is it possible to raise so much awareness about crypto in a country so technologically and economically poor and will this current crypto enthusiastic generation of India could build up the future Indian economy to prosper or will it adversely affect the country's economy?



According to the world population review, India is among the top 13 list of poorest countries in Asia based on their GDP per capita in the year 2020. Despite belonging to that, I believe India is not really technologically poor because most Indians are really knowledgeable in the technological aspect and field and are actually catching up with the pacing of innovations nowadays. I guess one of the possible ways they were able to disseminate information is through social media platforms and streaming platforms and through seminars and webinars. Hence, there are a lot of citizens in their country who are skilled and knowledgeable about the benefits of crypto and its downside as well.

I guess the side which India is to take, economy speaking really depends on the government and the citizens as well. I think it would just be up to them on how they would see and use cryto. They could either utilize it to their own advantage or the other way around. If they would go for the former, then it could possibly impact their economy in a good way. If they would choose to be consumed by the latter, then it would be a rough patch for their economy.
2353  Economy / Economics / Re: If you don't buy don't come here to complain on: January 31, 2022, 12:27:05 PM
Another opportunity has created for new investors to have some good coins listed in their portfolio. Many who bought higher now leave at the mercy of the market but for those who were scared of how high the price flew within a short time now has a better chance of joining the market at a good market value.

My agitation now is no one should come back shouting about missed opportunity in the future I think since late last year the market has been a bit fair to new investors giving them opportunity to join the train. Everyone can be a millionaire in crypto attitude towards market volatility is what makes the clear difference

It's actually the same old thing being said by almost every investor here in the forum, may they be old or new ones. I guess it can't really be helped because of course, not everyone has money all the time. Despite being able to witness how the market is in a low position, some people that want to buy just can't because they don't have the means the moment the dip took place which is unfortunate. Although I really believe as well that this time is a great opportunity to invest and buy the potential and powerful coins because right now the market is bearish. Investors and traders should always know to buy low, sell high motto to be able to succeed in crypto and should not be the other way around because that could push you to the edge of the cliff.
2354  Economy / Gambling / Re: Casino behavior that turn you off on: January 29, 2022, 03:41:36 PM
A casino with scam accusationin the forum but not fixing it nor replying to the thread where they are discussed about. We  probably will understand if they don't respond in forum but at least on chat should responsibly explain to the player what goes on.

There were several of these casino in the past still runs but obviously if anyone search for their reputation will be turned off.

I think what OP meant was their service in chat and email. Terrible casinos are like that, they are just good in the beginning to lure players but when they get what they want, they'll turn into something worst. Like suddenly requiring KYC, delay withdrawals while asking a lot of questions that are not in their T&C, delayed response to a certain problem, etc...
2355  Economy / Gambling discussion / Re: What are the most important features of an online crypto casino? on: January 29, 2022, 02:56:54 PM
As a gambler then you should really be prepared for that because when regulation becomes strict then these businesses wouldnt really be having any choice but to implement it out which do really make out sudden change of terms which you would  really need to submit out KYC and wont really be that different with fiat casinos.Basing on the poll it is really that evident that people are really minding about customer service and responsiveness to complaints which people do really much prefer.
Unfortunately this seems to be the case, personally I prefer to gamble in casinos that do not force me to go through KYC but as time has passed I realize that some of the casinos in which I liked to gamble have begun to do something like this and I have been forced to just not gamble there anymore, but I know this is just a temporary solution and it seems it will come the day in the future in which it is going to be impossible to gamble in the market of cryptocurrencies without going first through KYC policies.

It doesn't really make any sense in my opinion. I mean why would they require KYC from us while in the first place, they didn't even have anything personal information about them. We don't know them yet we trust them by playing on their gambling platform but in return, they didn't trust us by requiring KYC. Even if they provide information about them, we don't even know if it's legit or not.

So for me, if even they'll all gonna require KYC, I'll just stick to traditional gambling instead.
2356  Economy / Gambling discussion / Re: Gambling In Crypto on: January 29, 2022, 01:35:12 PM
I gamble using crypto and fiat ,both are far different and superior to using crypto so far (IMO) ! because using fiat I always get carried away by emotions and drifted in a frantic feeling ,between curiosity and a little addiction too ! using crypto can manage my finances how much money can I spend buying crypto ,if I lose I'll stop but if I win it will bring abundant profits price volatility !

I'm not sure how can gamble with fiat give you worst effect than crypto while it should have no different at all especially if we are talking about addiction. Money management also should not be different as it is about how serious we are in controlling ourselves. Last thing, crypto does not give guarantee of abundant profits due to its volatility because you may lose your profit when you win if the price is dumped significantly.

I agree.

Using fiat or cryptocurrency is just the same, because you are betting your currency. The only difference is that obtaining fiat is much easier than obtaining cryptocurrency, that's why you think using it is worst than using cryptocurrency. But the cons in using cryptocurrency is that you're losing much more in the long run, because of volatility, if you use it to trading (stock trading) buy low, sell high, maybe you'll earn profits rather than losing too often in gambling.
2357  Economy / Gambling discussion / Re: little knowledge about gambling - before I knowing bitcointalk.org forum on: January 29, 2022, 12:53:19 PM
Personally, gambling is something that I cannot tolerate with. I tried gambling but most of the results were not in my favor. That is why, I really see it as a form of entertainment where it is relatively difficult to win money (at least in my case).
I was like this before, I lose than often and the net gain are losses.

What may likely be causing this is because you see gambling as a way of making money or making profit, but it should not be seen that way, the reason some people later got addicted or lost a lot of money to gambling.


I disagree.

Whatever your mindset in gambling, you'll lose your money because that's how gambling works, even if you treat is as an entertainment---you will eventually lose your money. Gambling will become an addiction no matter what is entirely depends on a person, because addiction means you're enjoying it, it could be either a bad addiction or a good addiction. You cannot dictate someone that they shouldn't see it that "way", we play gambling for our own reason, and play with different kind of risks.
2358  Economy / Gambling discussion / Re: If football is Legal in most countries why is Gambling Prohibited on: January 29, 2022, 11:08:06 AM
Doesn't make any sense at all, I mean the two are not even connected. Football is a sport, gambling is not, they only make sports as a way to earn more money by betting in sports, while gambling is gambling, it is a general term that consist a lot of games, not sports, if you know what I mean.

Gambling is any form of actions that needs a bet in order to double up your money or win money in return. Each government has their own reason why they are not making everything legal about gambling.
2359  Economy / Trading Discussion / Re: What did you learn about crypto trading? on: January 28, 2022, 01:55:30 PM
I've learned about trading is that you don't have to force thing to happen, you don't have to fit on the field which you don't excel. You have to find your own technique, you don't have to copy other's tactics. You have to work solo, you don't want to always rely on someone's technical analysis, you have to make your own, you have to trade on your own. Trading is also about patient, and self-discipline.
2360  Economy / Trading Discussion / Re: Don't be wiser than the market on: January 28, 2022, 12:16:06 PM
The term "wiser" is not the right to use, because traders are never gonna outsmart the market, why? because it is unpredictable. The technical analysis, the indicators are just there to help you to add the chances of making profits in every trade, not to become smarter than the market. Never go against the trend, because you'll lose money, ride the flow, so that you could make a lot of profits as much as possible.
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