(I am a Filipino citizen)
We have the worst Government in this time of Pandemic, It's not all about the President but the Government as a whole.
what can you say about our situation for being the worst and also as the leading country on ASEAN that has a high number of Covid Cases. It's been months already and yet, jnstead of recoveries we are getting most of it, and our economy is already falling. Or in other words, how will you react if you're one of us staying on the same country...
First of all I would like to say that the country itself is amazing , their tradition , the people, I have been there and it was really good but unfortunately the corruption is killing the hope the common people has. Philippines does attract a lot of students too , due to coronavirus unfortunately there is : - No strategical planning by the government - Poverty And low economic situation is dire , you cannot expect people to follow rules in situations where the population is so much and poverty is so defined I have heard cases of people who are living on the airport too. "I will not hesitate. My orders are to the police, the military and the barangays: If they become unruly and they fight you and your lives are endangered, shoot them dead," Duterte said during a speech. - This was a statement made by an official , how do you expect the country to get out of this crisis unharmed if you won't care about the people ? What the people needs are : -Jobs -fair wages Over excessive restrictions won't make the situation right suddenly. Honestly many of my friends are studying there even now and am worried about them .I do hope all the countries are able to become stable soon. |
|
|
|
foregin investors getting off the usd, usa dont like this!
there is only one thing what can save the usa dollar its a war the usa last hope.
the war if its start it will start before the covid second wave crisis.
You are really delusional plus I am ashamed to say that a person is literally asking for a war to break out !! War is not good for anyone !! If you do think after a war by destroying small countries the US would fluorish , you are very very wrong and do need to understand the value of human lives !! Killing people , loosing peace it would be the last thing that should ever take place. War is never the answer ! NEVER. Nothing will save US if there are people who think like you . I am sure that you voted for Trump !! This is not how a economy works . It's dependent on people , Government , good relationships between the countries. What the dollar needs is support and by killing someone you cannot get that ever. |
|
|
|
What should you learn so you never get affected by economic crises ? Humans should learn to do what computers / ai can't do ...Question is what computers can't do ? Is this our future : https://www.youtube.com/watch?v=U3quruHpcuoAre we going to become Obsolete like Mr. Wordsworth the librarian ? I don't think something like this will happen soon, since when people thought about 2020 , 100 years before they thought about flying cars and stuff like that , now they have to realize that these things takes time. Like a lot of time. Thinking about robots being out future is something that I don't want to consider since , then we have chances of artificial intelligence taking over . At the same time we would make most of the people jobless if they started using them everywhere. What we need to do to invade this crisis : Take care of your expenditures , there is one golden advice *never buy anything expensive whose value will decrease over time* Mobile and cars , people spend like 10000's on them , when even a middle range one would be good to go. Never run after Brands * |
|
|
|
I have a question , and maybe you're more expert about this argument...
If some one get an idea about a New Gambling game, it can be "patented"? If yes how it can be done?
Just as E.G. "fantasy-football" how to protect the idea of a game like this? just with trademark?
First you have to understand how patent right works , you have to check with the Government of your country then register your game or whatever you have thought about it , before anything you have to prove them that it's indeed different and worth the whole process. Therefore you first have to design the idea and make sure you stay hidden and no one is involved with it since it's very easy for people to take your idea and label it as theirs. You have to go to certified agencies in your own country . But am not sure if you would be able to do it right now , since due to Pandemic most of the business are down , you have to wait , the process is long but it does have a lot of benefits for the long term . You can even go to quick patent companies which actually register your patent for a price. However, industry experts estimate that obtaining a patent on a “simple” invention (like a paper clip or a coat hanger) can total anywhere from $5,000 to $7,000. A patent on a complicated piece of software may cost $15,000 or more.Aug 2, 2017 |
|
|
|
I find myself in somehow disturbed when visiting some (big) online casinos and there is hundreds and hundreds of slot games.. presented just like that ..
This is not resembling in anyway the slot machines in a (real) casino !
I thinked of what if making an organisation like, for example making rooms for each game, with a limeted number of slots, say 10 for example. every (machine) identified apart, and every one with his own progressing jackpot,
So for example when entering the room you have to choose from the available (machines) to start playing !!
See I would tell you something , if you expect these companies to directly copy from the casinos and at the same time not add any new element , make it more interesting , they won't be much of a competition for the other companies . What you said might work but I do think they are just making the games more interesting and therefore adding variety also attract some games and people of all kinds of preferences. It is actually a good thing . _*_ This is something that most people do love about an online casino . Variety !! Everyone is different but you should try more games on the site and see which one you like best . There is something for everyone maybe not on that particular site ? But on different one , who knows . |
|
|
|
We are all aware that economic crisis is coming as a consequence of COVID pandemic and therefore probably will be deeper and harsher that we thought at first.
Do you think that your country has done everything to cope successfuly and rescue economy, support businesses and most vulnerable citizens or not? What do you think which country in the world will fight the economic crisis best?
There are few things to consider here :- 1. Countries like New Zealand where there is less population and the recovery is really fast will handle the situation much better and they have proven that time and again . 2. Countries where the scientists are working towards making the vaccination for the COVID-19 like US, India , UK 3. Countries which are not dependent on other countries for things like food and basic necessities , industrially independent countries like China , India 4. Countries in which the Government is realizing the importance of the situation and distributing , food , masks , sanitizes , making sure people don't have to choose between insulin and groceries ! ! 5. Countries providing jobs for the people who became jobless during the pandemic. It's not dependent on anyone , it's dependent on the leaders . |
|
|
|
When Stephen Wolfram is asked, in a recent youtube live stream about [timestamp: 40m16s] " How much of Science has kept secret either classified by the military or waiting for monetization inside private research labs?" he gives a five minutes answer and at the end of his answer [timestamp: 44m] he implies that bitcoin's creator is classified material known to Science and/or secret services. https://www.youtube.com/watch?v=s0dA-mwg5-E I haven't even watched this video but what I can tell you is *everyone who wants some publicity do use Bitcoin creator as a excuse* -What we see right here is them trying to hide the fact that they might not be that important to the society anymore. When are we going to stop bugging over Mr. Satoshi ? - All we know for a fact is , he does not want any fame , if he wanted he could can very easily addressed the general public. There is a reason why popular people don't like media , let's stop following them footsteps. Leave the man alone . Have we learned nothing from Criag Wright?He did a lot for us , A LOT , if he would want , we would know ~ Bitcoins is an amazing opportunity for people to come together and make something work out other than the centralized fake system that is too corrupted to even begin with . |
|
|
|
It's been a long time coming but it looks like they're finally here. Crypto taxes in South Korea. Took them long enough. Honestly they don't look that bad. it's better than the capital gains threat that was being thrown around for a while. 20% on gains, minimum threshold is $2k/year, filed under income tax, starting October 2021. https://thenews.asia/korean-crypto-tax-amendment-sent-for-review/Government is pushing it's citizens to actually use underhanded methods to hide the money they earn in cryptocurrencies and such , this way it will just increase the black market and money laundering in cryptocurrencies . 20% tax is not at all justifiable!! -They should at least take consent of their citizens before doing something like this . _*_ People often say that *Cryptocurrency is easy money* but unfortunately they don't know how hard it is to keep a track of everything that is going on with the market then comes the loss factor. The market is highly volatile and with a biased Government they would for sure push it's citizens away from the trading of cryptocurrencies itself. _*_ Plus for people commenting about the tax on the transactions. Why ? Why should there be any tax on cryptocurrencies ? - It's Decentralized!! , The Government is not involved with anything in this area , transactions are already very high priced, claiming property of citizens is what the Government is doing. |
|
|
|
|
Hack Bitcoins ?
I do think you don't realize that Bitcoins is actually something that is most likely non hackable if I may say.
The security of your Bitcoins depends on you ' some factors like:-
- Which wallet company you choose
- Does your mobile have third party non verified apps
Stuff like that greatly influences the security of your Bitcoins itself.
I do think we should realize that , no country can hack Bitcoins , due to Mining farms being located dominately in China , what they can do is , seize the Mining farms and then at the end of the day reduce the hash rate.
- Which would mean , in the future if a war breaks our and the hash rate declines the transaction might become a lot less safer .
*Therefore they won't be able to touch the existing Bitcoins but they can for sure make the future transactions less safe*
|
|
|
|
Hi,
I know crypto faucets have been around for a long time, but I never bothered to try any of them.
I recently noticed that some faucets still attract so much traffic, and it really got me curious whether using faucets daily is actually worth your time.
Please share your opinions about them, and your experience with them if you actually used it for some time.
Thanks in advance.
Short answer: Faucets are a waste of time , but if you do have all the time in the world you can try . You will actually spend like the whole day on them and earn minimal for watching number of adds , or playing some games , or maybe doing something else that the site requires . I do think you should understand that , faucets won't earn you much and you can very easily use other things to earn much more money online . _*_ Still I would leave this here for your convenience:- #1 — Cointiply
Cointiply is currently one of the leading bitcoin faucets, thanks to its huge payouts and a wide array of tasks one can take to earn satoshis.
The site has paid its members more than $450,000 since its inception. But what we believe sets it apart from most of its counterparts is its highly intuitive dashboard and friendly UX.
Cointiply also offers a wide array of tasks, including installing apps, browser games, watching videos, visiting other web pages, and more.
With every faucet spin, each member stands a chance to win up to 100,000 satoshis. Once you accumulate at least 35,000 satoshis, you can withdraw your earnings to your cryptocurrency wallet.  Okay , I tried this and trust me all I was able to do was to earn 0.02$ for using 15-30 min of my time. Plus , it did ask for my email address which is not at all good, they will probably sell this information or send a lot of junk mails. But other than that the site is really engaging and have a lot of things that you can try . [ Most important thing is *Time is an investment, use it wisely* , don't fall for these things ] |
|
|
|
How is going? Seems like machines continued fast growth during Covid... has it been a good year for the BATM owners?
United States. According to Coin ATM Radar, there are more than 2,342 Bitcoin ATMs in the United States as of January, 2018, with small shop owners earning a reported $300 a month for rental space. Transactions fees for ATM use are approximately 16 percent, while online transaction fees run about 7.5 percent. Okay , this statement i found from Google is honestly very accurate. With approximately 2000 ATM's in the US alone , I do think there would be a lot of companies and individuals involved in this business. But then comes the completion , competition from 2 sides :- 1. Competition with the various ATMs already in existence 2. Competition with the online exchanges which are giving much better deal With the prevalent , internet , online banking, instant buy/sell programs , one can very easily opt out of the ATM system , before you go into this business you should ask yourself one question: - What would you offer in the ATM you own that will make it different and more attractive to the users. _*_ I want to address one idea I had when I thought about asking my family to Invest in this business:- ATM + slot machine , maybe everyone who uses the ATM gets a free spin in the slot machine which will be along with the ATM, you have to make sure your ATM is situated in a crowded place. ( Might be a weird idea but I think it has some scope ) |
|
|
|
If you do think that whatever claims are made by Trump is really going to play out , I do think you might be horribly wrong. Unfortunately there is one thing we have to understand: US Printed more money in a month as compared to two centuries Plus now they are arranging for another stimulus bill. I do think this is a way to make sure people stay quiet when they see their economy declining. GDP was supposed to decline , people don't have jobs , without jobs the whole system will shut down sooner or later BUT ! Good news is that more jobs are opening up and people are getting back on the track But , I do think it will take a lot of time. Then there comes the vaccination , whichever country makes the vaccination first wins the battle. _*_ I do think right now India and UK have a tough battle going on with the vaccination thing. I don't see US picking up anytime soon. For the time being expect another 2 years for the economic situation to be good enough . |
|
|
|
Hello , I found an article and it did seem very interesting, the author tries to explain why Bitcoins broke the resistance and we saw an amazing rally. https://www.coindesk.com/how-real-is-bitcoins-rally-8-interpretations-of-bitcoins-massive-surge Banks stacking due to changes in custody rules
Money printer go brrr
Stock to flow model
Robinhood traders piling in
DeFi gain recycling
Buyers exceeding sellers
“Perfect storm”
Dollar crash, negative real interest rates and the search for a new reserve currency
According to the author the following reasons did mark a uptrend but there are few reasons I would like to add. - People Investing their stimulus bills - No jobs !! - Stock market might be good for the long term , but right now I don't think people can really invest there for short term - Gold prices is incredibly high - Good representation of Bitcoins and many countries giving it the legal good to go status - Bitcoins have outperformed Gold and S and P 500 index - People in for HODL - People loosing trust in the dollar which should definitely happen since they printed more money than ever and that a whole bubble that we are seeing right now waiting to take the market down ((+ am not comfortable with trading in US dollar personally too till the time America Gives Racial Freedom to all its citizens and stop treating people like Animals, I would rather risk the volatility ~)) Please do share what to you guys think ? ? |
|
|
|
I'm a citizen of a country where bitcoin is illegal and there's no good way of trading bitcoin in legal way and secured way. I have been trading through the community I have built within these years but sometimes I got difficulty selling bitcoin, not much although. If you are from a country where BTC is legit, I think you are enjoying trading bitcoin. But what about the countries where BTC is illegal? Do you have any such way to trade bitcoin securely? I would love to hear the experiences, difficulty you faced/faces.
I do think Government does have their highs and lows while dealing with the cryptocurrencies as for my part , I was trading when the cryptocurrencies were legal , I was trading when they became illegal , I even traded when they became legal again , now since they want to ban it again , trust me *I will keep on trading*. How I did it ? - Own community network - Making sure the wallet does not need KYC - Have temporary resident permit of other country therefore there it was legal so did not have to worry much - Money I made sure was deposited in the country from where I can very easily convert it into other currencies, trading I did 50% of the time in cash -*- I even helped other people from my home country to trade their cryptocurrencies during the illegal times without any charges to increase the adoption of Bitcoins. -*- Sometimes I had to pay fee 2*3 times , but even though the cryptocurrencies were illegal , the market did not stop !! It kept on growing , the Government thought they will be able to control it somehow but when they realized their efforts in banning cryptocurrencies did not work well , they stopped . -*- |
|
|
|
I have started to buy BTC and sell them in a higher price (in BDT). For example, imagine I have purchased $100 worth of BTC @86BDT per USD and sold them instantly @87BDT per USD. This is a good business even if you take 1BDT per USD profit. I was having some good profits each day.
But now after the fee has increased, it has been impossible to get profit. There's a transaction cost which I can not avoid and it is very high. I trade small amount like $50 even (To make a strong hub). In such cases, I have no profit almost unless I'm dealing $300 or over. That's a pain to pay such fee but I have no way because I do not make a bad relation with buyers and sellers.
Are you using any third party site ? -because even there you have to pay them some amount. Or Do you have your own network? -I made a local community of the Bitcoin holders near my area whom I know , this way whenever someone had to sell/buy we would just message on the group and take the nearest approximate value or whatever the person thinks is right . This way : - No controlling body - Trust , since you already know them - No fee - Can directly send the BTC in the wallet straight therefore don't have to juggle it between many. I do think this issue might now be resolved sooner , you can start charging a little more but that would only bring you less Investors. (You can change the amount manually in most platforms) Well I do think you should first look around for a good trading platform they all have different rates . Because this way you are loosing a lot of money . |
|
|
|
https://cointelegraph.com/news/japans-dormant-btc-trading-accounts-wake-up-as-bitcoin-price-ralliesIf you guys do remember there was a survey conducted where the people holding Bitcoins for the long term said they won't actually sell their Bitcoins if the price never breaches 10k $ , they would rather die instead of selling. Now with the recent rally of the price climbing up , the dormant accounts are waking up , especially in Japan. According to the analysts , this specifically has the following reasons: 1) Price of Bitcoins breaking the resistance 2) Government paying stimulus around 930$ per household 3) Surge in the price of Gold 4) People wants to buy Bitcoins so they don't want to wait to make new accounts , therefore they are using their old accounts which were dormant since long _______________________________________________________________________________ __ How it can affect us ? 1) Price might be affected if these accounts starts trading 2) Since some Investors are moving from Gold to Bitcoins this might mean start of a golden era for cryptocurrencies _______________________________________________________________________________ ___ According to the source the trading volume is up by 2*/3* times this week.
|
|
|
|
I am unaware of the companies have a policy to keep a track of the mixing services being performed , if they do then I do think it will be really easy for them to hand over this information to the government , at the same time for the future these services should actually make a policy like that , which won't compromise the privacy and at the same time keep logs of everything for the safe situation. Mixing services are helpful when you are using them correctly , but if used incorrectly it may cause loss , uncompensated , causing the negative marketing of these services, they need to save the backlash from the government. The fact that this Twitter hack happened at approximately same time means many people together worked or maybe it was just one, so even if the Government can track the Bitcoins being sent without the mixing services they can might as well make sure the guy spills out the beans . Since in many countries Bitcoins is protected by the law , This means the Government have to intervene and make sure the people get back their money 💰 , got that they need to hire people who are familiar with the Blockchain technology like Bitcoins ( another reason why it is important for Colleges to include Bitcoins and other cryptocurrencies in ). I don't think these services are being used by people who are just involved in the negative marketing . Maybe they just needed some privacy at a moment? |
|
|
|
Hi there i am asking this because i took out a loan at Nexo against my bitcoin. They told me my collateral bitcoin would have to drop 40 percent before they would start selling my bitcoin if the LTV threshold was passed. For me that would be if bitcoin were to drop to around 5900 in price. So my question what are the chances of bitcoin dropping back to below 5900 again? I know anything is possible like what happened in march but realistically at this stage and time, what are the chances of that happening and me losing all my bitcoin? Thanks
There is equal number of chances of that happening in a specific time period , it's not in the control of any authority , therefore anything can happen , that's the whole idea about decentralization , no one controls it and therefore no one can literally tell you what the next price is going to be. I see you have taken a huge loss , I would recommend you to not count on Bitcoins dropping till 5900$ since right now we are seeing some positive signs therefore for a brief period of time when pandemic is right at our doorsteps and at the same time online transactions , online casinos , trading is sky high , right now the implications of Bitcoins are large so it dropping might be doubtful. You have to wait . It's more like a bet. No one knows if it might or might not happen ~ |
|
|
|
I barely see a popular sports betting platform that includes chess on it. Most of the adults are playing chess so I wonder why there are few sports betting that has it. Chess is a great game and there are plenty of players on it in lichess.org, chess24.com and chess.com. Actually, there's a lot of tournament in chess that was implemented during the quarantine and those events are being participated by Grand Masters which has a rating of greater than 2500. - Clutch Chess Showdown 2
- Lindores Abbey Rapid Challenge
- Clutch Chess Champions
- FIDE Chess.com Online Nations Cup
- Chess24 MCI Finals
On the side of streaming. There's a bunch of streamers on twitch that's playing chess right now and you can't believe that it has a lot of viewers. One of those popular streamers is GM Hikaru, he also played on those tournaments that I've mentioned. Even the top 1 overall rating, GM Magnus Carlsen, is also streaming in twitch. We all knew that most popular games are LoL, CS:GO, Dota 2, and Fornite but recently, a medieval game which is chess, climbed to the top of the most played games in twitch. This game is a sport and can even be considered in eSports since it can be done electronically so I hope there are gambling sites that consider this game on their platform. GM Hikaru also have a chess battle with popular streamers in other games like @xQc @BoxBox @voyboy @Papaplatte @Yassuo @nymnion and there's a possibility that Twitch will be organized a twitch rival on chess! IMO, it'll be better to have this kind of category since there are many fans of chess all over the world. https://www.theverge.com/21292747/chess-twitch-games-viewership-stream-hikaru-nakamuraChess Betting would be kind of crazy since you are not specifically betting on the chess , you are actually Betting on the player . The chances of both players winning is 50-50 . At the same time the probability of winning the bet is also higher as compared to other events since it's just 1-1 , therefore you can very easily try and bet on it . When we are talking about the sports platforms they don't usually include chess since not many people seem interested in this , people go for things like football , cricket , basketball and stuff , chess is mostly forgotten. But when I searched online on Google I did find a lot of companies which have this service. It's fair to say it's a less played betting but not forgotten . |
|
|
|
Someone posted a topic about an article claiming that the "Bitcoin Whales" have been accumulating and increasing their BTC stash post the "Black Thrusday" event. I replied that kind of metric is simply a false comparison. It is comparing a bunch of greedy motherfuckers against the over 90% of people who actually believe that BTC is worth something and hold less than 1 BTC. There is no reliable way of knowing who exactly these whales are but I am pretty sure they are not "wise investors", as one reply in that topic puts it. These are people who chanced upon bitcoin as developers, cryptography enthusiasts, silk road traders or even plain-ass scammers. These people have actually made their wealth from the 1000s of BTC they held while bitcoin went through ATH and present levels. Some people think that some of these whales must be newcomers interested in technology. There is plenty of evidence that this is not the case. A newcomer whale interested in technology and buying 1000+ BTC post 2016-17 would have been a seminal event and we would have heard about the individual or institution all over the news. Any such recent whale investing on basis of "technology" would put their weight behind the technology and would have put all their effort to make it grow. How many times have you heard news about VCs, Startup Incubators or other such funding parties come out in the open and declare that "This is the technology of the future and I am investing a Million dollars in it"??Have you?? Give me one example and maybe we would have your "technology" whale. If we had even a few of such individuals, you would be seeing a far more concerted effort towards mainstreaming the technology. You wouldn't have so much misinformation on media because a group of such people would be working towards ensuring that the regulators don't get to take a one-sided view. Nothing of this sort happens. People like you and me talk it out on this forum, one of the last bastions i guess. Most of those other bastards are doing exactly what the wealthy elites have always been doing. Milking the rest of the people for fiat money while bitcoin is kept propped up by the belief of the >90% that hold less than 1 BTC. That is the sad truth. Right now, this is just another "Rich getting richer" scheme. Maybe I am just ignorant of these technology enthusiasts and am wrong to point out that the whales are little more than the wealthy factory owners in this very communist ecosystem. What are your thoughts on this? Do you think there are people out there with the dough and the willingness to make a difference?
This is basically my rage post against those elusive "Whales". My earlier thoughts weren't like this. I used to think there was a case for Bitcoin champions.Whales are just people who happen to have a fair amount of money in their pockets and they want to take advantage of the Bitcoins so that in the near future that fair amount of money doubles or triples , the thing is they can invest in stock markets and other places too but unfortunately those investments takes time. They try and lure in the investors by possible opening of the whale alerts and at the end they are the ones who encash out when the price climbs , this way they would have made a lot of money in no time. But as you are talking about whales , some of the whales here are the early Bitcoin adopters , people like Satoshi Nakamoto who actually have a lot of Bitcoins with them and many more , not all whales are bad so we cannot just conceptualize this thing . Around 50% BTC are with whales , if they would have had that greed inside them, we would have nothing right now . |
|
|
|
|
Show Posts
