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2581  Other / Beginners & Help / Re: What is merit and why do some people have up to thousands? on: August 20, 2020, 10:07:22 AM
Merits are being given to members here in this forum who deserve it if they are making useful quality posts or posts helpful to other members. Merits are also the way to make you rank up, that is why other members here are cheating that they are exchanging merits with their alt accounts to earn merits, and it is obviously against the rules in this forum that you could get banned.
2582  Other / Beginners & Help / Re: Getting scared is useful! on: August 20, 2020, 09:43:25 AM
You need to satisfy your curiosity to understand how things work. Sometimes you need to engage with the things that you are scared of, or the things that you have no idea about. You will not learn without facing your ignorance and fear about something specifically in cryptocurrency investments.

You need to deal with the reality that scammers and hackers are existing so you need to be aware of it to protect yourselves becoming their victim.

It is easy to determine a scams, their schemes are very sketchy and suspicious if you found them existing randomly in a form of ads or links that are doubtful.
Indeed. Sometimes it's much better to take the risk and engage in the things that scare you because being confident and not having hesitations on what will be the outcome might help you develop and build your skills. It is much easier to know illegal activities like scam or fraud because if you are protecting and avoiding things that will harm you, you will not be a victim of it.
2583  Economy / Economics / Re: Crypto Pay Could ‘Destroy the Financial System’ on: August 20, 2020, 09:14:40 AM
I don't think so. The financial system has people behind them, and such people have a lot of power on dictating, manipulating things. Manipulating the average person. Crypto could be 1000x better, but that won't do it any good.
No, crypto may be useful in payments but I am pretty sure it could not destroy the financial system or the banking payment system. Banks had establish already and are way too secure but the disadvantage are those high transaction fees being deducted to every transactions especially if huge money were involve.

However, it is still best to make choices, either to use crypto pay or the financial.system that are establish and secured too.
Cryptocurrency is the best solution as an alternative financial system, so I don't know how crypto could destroy the financial system because it is more secure, fast, and low-cost fee. It also already proves that cryptocurrency doesn't get affected in any economic crisis, especially the Coronavirus crisis, that only stocks and banks have only suffered from it.
2584  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto currency is all about Hodling. on: August 20, 2020, 08:53:26 AM
Cryptocurrency is not all about holding because there are only some cryptocurrencies worth holding, and some are not. You need to pick the right coin before you buy, so you could not lose any profit, and I suggest you should only buy top coins in the market like bitcoin because they are suitable for long-term investment.
2585  Economy / Economics / Re: What should you learn so you never get affected by a economic crises ? on: August 19, 2020, 09:07:32 AM
The thing that you should learn for you not get to affected in the economic crisis is to learn to grab every opportunity and take the risk that you think it will help you to have good income. Because for you to survive and achieve your goals in life, no matter what will be the outcome, we still need to make process, grow, and be confident for us to have a better future.
2586  Economy / Gambling discussion / Re: VR online casino games take gambling to the new level 🚀 on: August 19, 2020, 08:41:01 AM
Technology is rapidly changing and evolving every year. If someone would make a VR online casino and it supports cryptocurrency as payments, it would definitely be interesting to try because it might you give the same excitement when you are playing in a real casino and VR games and this kind of innovation could help crypto's mass adoption
2587  Other / Beginners & Help / Re: Bitcoin could be a scam ? on: August 19, 2020, 08:11:22 AM
Satoshi the person who created bitcoin and blockchain technology has disappeared a long time ago, so he can't possibly to scam other people's money and he can't control bitcoin even he created it. It is impossible for us to get scam by just buying or investing our money in bitcoin, as long you don't go in fake bitcoin exchanges and bitcoin ICO scams.
2588  Economy / Gambling discussion / Re: Bitcoin casinos to surge in German market? on: August 18, 2020, 04:22:54 PM
If most gamblers would move to bitcoin, it will only take time for the government to also implement new laws on bitcoin in Germany. I think the regulation is to prevent gamblers from gambling in illegal sites. Instead of avoiding the government's intervention, they should also stop gambling in illegal gambling sites
Regulating anything about the rule is the duty of the government and I believe the German government will soon issue new rule regarding crypto gambling site if the interest in crypto gambling grow.
That's why if the German government is showing a strict regulation with gambling as a whole, gamblers can't escape it for too long even if they will use crypto to avoid regulations.

Gamblers may experience new things with crypto gambling sites that can be good for crypto adoption, but if illegal gambling sites would also switch to crypto, then the government will also come after them. But if the government is positive with crypto adoption, then they can promote it as an alternative for online transactions.
The German government is definitely being strict in gambling, if a gambling site or online casino is not licensed or not registered in Germany as a legal gambling site. So if people don't want to have problems, they should follow the regulations and licensed their gambling to be legalized. It will also be a problem if a illegal gambling sites would switch to adopting cryptocurrency because there is a chance that Germany would also banned crypto to avoid this kind of illegal activities.
2589  Economy / Speculation / Re: Would you buy/use Bitcoin if you knew its price would not reach a new ATH? on: August 18, 2020, 03:33:15 PM
Compared to saving it in a bank, holding it in your wallet is much better than letting it sit in a bank and I'm also using it to buy some stuff and paying for my subscriptions so I am very much ok even if it reach another all time high, but it's unlikely that it will not reach another all time high bull or bear market Bitcoin will always have an all time high.
I agree. It is much better to let your funds inside your bitcoin wallet, instead of storing it or letting it sit in a bank because it is really not worth it. No one can also tell that bitcoin would not reach it's new ATH price because bitcoin is always been unpredictable due to it's volatility, and a lot of people in the past years have already said that bitcoin will not reach it's ATH price, but it can still reach it.
2590  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi scams [history] on: August 18, 2020, 03:07:30 PM
YAM isn't a scam but a failed DeFi project, the team are non professionals that's why there is issue with the smart contract, if this project has good foundation it should recover back but I guess not, I'm sorry for those who invested on YAM project
It's true. The YAM isn't a scam project because it is a failed project that it didn't reach it's hard cap because the team are not professionals and it is their first time launching their own coin. But a lot of old DeFi projects have started to increase their price like ALGO that it surprisingly increased it's price and other DeFi project in the first week of August.
2591  Alternate cryptocurrencies / Altcoin Discussion / Re: Has anybody else joined the PI network yet on: August 18, 2020, 02:33:59 PM
Nope.

See: Topic: PI Network! A huge trap[Warning!] ...
- https://bitcointalk.org/index.php?topic=5237735.msg55018716#msg55018716
Many people do says that Pi Network is a trap and a scam because they require you to submit a KYC before you earn a PI and it will give you a little confusion when reading their whitepaper. But I saw people in online that they use their PIs to trade or make exchange to other people with goods. A lot of people have interest in this PI Network because you can mine a cryptocurrency or PI only with your phone and earn by using your referral code. But I still don't want to try because it is too good tobe true.
2592  Other / Politics & Society / Re: Sports during lockdown on: August 18, 2020, 09:20:53 AM
Since the lockdown had lifted in other countries, indoor sports like basketball, badminton, tennis, etc. have continued that the NBA season has already started. But there are no crowds or audiences inside the court or the stadium because social distancing and no physical contact should be applied to prevent the increased cases of the virus.
2593  Economy / Trading Discussion / Re: Trader made 89% profit in minutes. Have anyone experienced it..? on: August 17, 2020, 10:25:19 AM
...
I really see it too much courageous but I'm not totally a risk-taker to spend a lot of money on just one coin. I'd rather have to spread it to other coins for safety assurance than to lost that easy.
Even in small amount we will be able to gain profit, but it's more exciting if we have a bigger amount to trade. This Quarantine I do try trading to study I try BTC perpetual with just a small capital and that time the price of BTC is really increasing that I almost experience 80% profit but it just maybe because the price of BTC is really increasing, it will still depends on the time we trade.
I admire those who are risking high amount, they were maybe confident in their skills in trading.
Indeed. Even we will only use a small amount of profit in trading, and we could gain a bigger profit, as long the market would be in favor of us. But trading a more significant profit would be a big opportunity for us this quarantine because the crypto market is becoming more stable and growth, so risking it might give most of us a chance to experience an 80% profit.
2594  Other / Politics & Society / Re: Misuse of hand sanitizers dangerous to health on: August 17, 2020, 09:36:30 AM
Why ingest a hand sanitizer? I think it's pretty obvious that it's for the "hands" and is not supposed to be ingested even if they think they have the virus or whatever symptoms they may feel.

Boosting the immune system is always the best defense against this sickness. Anyway, this is a reminder to all of us that we have to be very careful with things that we use. They must be used only for the purpose they were created for.
Ingesting a hand sanitizer sounds crazy because there are some chemicals inside a hand sanitizer that could poison you. The hand sanitizer is only for your hands, so you shouldn't try it in other parts of your body. Also, washing your hands with soap every hour would be the best thing that you could do and proper exercise inside your home to keep you safe from the virus.
2595  Economy / Economics / Re: COVID19 VACCINE AND ECONOMIC GROWTH? on: August 17, 2020, 09:15:09 AM
The COVID19 vaccine is very helpful in economic development. Even though efforts for economic transition have already begun in the country everyone is realizing that the threat to the virus will not improve the business environment. That's why people are relying on the Covid-19 vaccine. Many times that has taken the form of conviction as a result lockdowns restrictions can be easily lifted and social distance restrictions can be relaxed.

   I assume you wanted to say that Covid-19 vaccines will be helpful. Nothing is clear with those vaccines, I read that Russia
finished their testing, other countries are close, but I think we are far from mass production. We need to be patient and that
will happen before the end of this year. I hope that vaccines will work, they can help all of us to get back in the normal!

Well, there are a lot of risks that sorrounds that vaccine and I don't think we should still be happy and contented at that. It may raise immunity to the virus but that would be useless if we are dead. I know that this is really important to countries especially those that can't stop the increasing cases and even breaking the records like our country but I hope it could save lives, not just from the virus.
Testing the COVID-19 vaccine in Russia might not work and be a risk to cure COVID-19 patients and prevent the virus from spreading.  I assume the vaccine is not complete to defeat the virus, so this current vaccine might not be the solution for economic growth. I also heard that the Coronavirus has mutated in the Philippines, so we need to have patience and wait long enough for the vaccine to be complete to help us all to be back in our healthy lives.
2596  Economy / Economics / Re: China is winning the Economy Wars on: August 17, 2020, 08:54:19 AM
China is really defeating other countries in its economy, and even the coronavirus originated from China. They were still able to manage and have full control to stop the virus from spreading with the help of their discipline citizens. It is why they already have lifted their lockdown and became more productive for their economy to become stable and grow in the middle of this crisis.
2597  Economy / Gambling discussion / Re: Do you think the house can counter your strategy? on: August 16, 2020, 11:49:23 AM
In short the house edge always win in terms of profit but if it is about beating or to counter the strategy you use then the house edge can't counter your strategy because if it did then that means that the casino is cheating to their gamblers then that just makes their casino a scam casino.

Yes, house will have edge or say will need to have it if they have to make profits. So this will continue the same way and doubtful about them making any changes in strategy because as you mentioned it could mean that they are cheating it and this is not what the top casinos would be doing it as it will have impact on their business.

I think the house always finds a way to counter your strategy in any gambling games that they do sometimes cheat in the casino, so they could just earn profit. But I don't think it will have an impact to their gambling business because as long they are not being caught by gamblers that they are cheating, they could continue as they want.
2598  Other / Politics & Society / Re: Donald Trump signs executive orders banning TikTok and WeChat on: August 16, 2020, 11:23:16 AM
The products of google company such as amazon, facebook, youtube are prohibited in China, Trump's being aggressive towards China does not change this, because China already has antipathy to American products, I am not talking about the Chinese people.
I think Trump is aggressive because the United States is buying too much from China.
Trump is getting aggressive to China because they are being taken down by China in their economy that most of their products and manufacturers are now from China. Even their products are made in the US, but the materials that is being used are from China because it is cheap or affordable. It is why Trump's decided to ban TikTok and other Chinese products in their country because they assume it might be the way to beat Chinese economy.
2599  Bitcoin / Bitcoin Discussion / Re: How to make old people understand Bitcoin? on: August 16, 2020, 07:30:58 AM
From my point of view, before old people understand about bitcoin. They should first need to have an interest and understand today's modern technology because it would be difficult for them to understand blockchain technology and bitcoin, if they don't know how new technology works.
2600  Economy / Economics / Re: Will African countries be developed? on: August 16, 2020, 07:05:13 AM
Even though many African countries today are poor, that does not mean that no African country will become rich countries.
Considering that African natural resources are among the best, it only needs good management so that African natural resources
can utilized for the economic progress of African countries. I am sure that African countries will become developed countries.
Indeed. The African countries has a chance to become one of the developed country in the future because they do have a lot of natural resources that they could use it to developed a new technology and make exchanges to other countries who has limited natural resources. Also, if African countries has a good leader that has no issue when it comes to corruption, it will be more faster for them to developed.
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