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2781  Economy / Gambling discussion / Re: PAGCOR waiting for the approval to reopen land-based casinos. on: June 14, 2020, 10:02:32 PM
The government here have also included a lot of rules like that , there are police cars roaming around everywhere and warning people , but guess what ?
only around 5% people does follow the rules .
At the same time , they even look at the people wearing masks very weirdly....I do think for the time being it is important for them to follow the rules for a while . It is in no way going to help anyone if it goes on .
The Premature opening of the Casinos will actually increase the cases , which would cause this whole thing to actually go on for more time and therefore the Quarantine will be extended and the business will be put on a halt.

Plus the Virus is mutating if we do follow the news bulletin , which means we might be in for a worse case scenario.
2782  Economy / Speculation / Volatility warning on: June 14, 2020, 08:02:16 PM
Let me just start by saying :
No One can actually predict what's going to happen to the market , literally no one !

According to the analysts Bitcoins is going to show volatility in the upcoming weeks.

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k

According the the price graph of Bitcoins the bearish trend is supposedly something they think might happen, due to Triple Top Formation .

https://cointelegraph.com/news/bitcoin-price-near-monster-move-after-weeks-of-range-trading-analyst

I would like to extend this opportunity to remind you guys to be careful regarding your investments . During the Pandemic due to very low Income and No jobs , one needs to measure their investments well .

HODL if you can , but if you can't then keep checking the price of the market every now and then .
2783  Economy / Economics / Re: Covid-19 effect on your country's economy!!! on: June 14, 2020, 07:24:55 PM
World is facing a new crisis almost last 6 months+ and who knows how much it will remain. For this pandemic outbreaks, economy is getting down in many countries. It's getting cursed for one sector based economy.

Explain your country's economy here by mentioning the sector which is getting down day by day for this pandemic.

I think I would try and explain what's happening in the country where am living in :
• Inflation
  Only in the local markets though , in the government owned sectors it is more or so the same except for few essentials .
• Schools / Colleges demanding 100% fee and giving out notice on how you will be kicked out if you don't pay . Considering how people don't have jobs during this pandemic, this is really low.
• education level is down but they are still earning.
• People are abandoning their pets and such , whole situation is really dire since , the local shelters are not able to accumulate finding , everyone is struggling.
• Government officials , like the mayor of our city has been kind and not taking salary since 2 months .
• People are supposed to call the doctor when their fever is actually serious , government is in some places trying to hide the number of cases , they are not letting people test for COVID-19 , doctors have been advised by the government to not let the numbers run high , I don't have any proof of this but this is just inside information.

The country where I really belong from :
One word : Corruption
Hospitals are not even admitting patients, not giving them beds , not letting them come inside , asking for unreasonable amounts from the poor ones .

Only government officials are the one who are able to afford some healthcare.

Some people from my family are actually having all the symptoms of COVID  but they are being advised to follow social distancing and just stay at home and try home remedies.

A lot to tell actually , economy is down in every sector , schools and hospitals are enjoying .

The sanitizer companies and masks companies are paying people for making 0.50 inr for 1 mask which is then sold for 40 inr .

This is an unfortunate event .
2784  Other / Beginners & Help / Re: Chance to earn Merits for newbies on: June 14, 2020, 06:05:38 PM
Thank you for all you do. Kindly consider my post below for merit:

https://bitcointalk.org/index.php?topic=5255295.msg54614176#msg54614176
Am sorry , your account needs to be at least a month old. Cheesy try again after some time .
Let me try my luck this time.
3. https://bitcointalk.org/index.php?topic=5255374.msg54613797#msg54613797
Thanks for your help so far and the privilege

Archived here:
https://archive.vn/r0YHU

Copy pasted from:
https://www.mitrade.com/forex/crypto/crypto-market/make-money-with-cryptocurrency-best-ways

So, begging for merits with plagiarized content?
Already reported so better luck next time!  Grin

Thank you for letting us know about this .
Plus I would like to tell all the newbies that , you guys have to be aware of Copy-Paste , please . If you guys are providing an information which is already listed on some site and such , try and include the URL .
The real person who wrote that does need some credit too . I do hope for the future it would be taken care of .
Plagiarism is actually a serious offense, how would you feel if someone else took credit for your work ?
Please be careful people , as I said earlier , I do realize that sometimes newbies don't understand the rules and such therefore am counting on you guys to find out about them , learn and then apply.
Ok guys, since I have some more merits available to share so I reviewed the latest applications and shared some more merits.
I rewarded the following posts and members with 1 merit:
BD Crypto for Bhayyaji.com A New Scam Trick
Blank-Head for Re: Best Exchange
Blank-Head for Merit Abusing From a A Senior Member

Tongue thank you so much again .


See people other members are also here helping you out .

Take care everyone
( I have 5 more openings )
2785  Economy / Economics / Re: Why is bitcoin worth so much ? on: June 14, 2020, 04:34:45 PM
Why is bitcoin worth so much ?

Bitcoin price $9,442.51 coinmarketcap
Ethereum   $236.39    coinmarketcap


1.Btc transaction fees are high
2.Btc takes like 10 minutes - 1 hour to confirm
3.It has no smart contracts support
4.No tokens support
Etc etc ...

Where does the value of bitcoin come from ? I don't understand the logic behind the valuation ...

• The Transaction fee of Bitcoins is not dependent on the price of Bitcoins , it is actually dependent on the amount of Bitcoins . The miners are working too , to make sure that it remains secure and safe . Therefore I do think that it is reasonable.
  At the same time we do have options to pay less transaction fee . Like Lightning network, even though the network is not actually that safe , but now and then , it can be used .
 •The confirmation time of BTC , is rather a blessing. The reason it takes this amount of time to confirm is because this way it provides additional security , you should try and find out about it more .
*Bitcoin transaction is not just verified by one person or company*
• I do think you are not stating the fact that Bitcoins also does support the smart contracts but that's actually limited . One should understand that Bitcoins can use smart contracts you can learn about the protocol online .
• Tokens support ? Do you mean the customer service? It is not centralized therefore there is no point in having one.
• Trust
• Fixed amount of Bitcoins ( Demand and supply makes it much more interesting for the upcoming future)
• High volatility is a blessing for most traders .

There is a lot . No way ETH or any other Crypto is bad , but the thing is people tend to use the one's that they find more trustable . We do have a lower coin supply and liquidity.

I do think BTC is better for Investment purposes and trading and all , ETH is overall good for day to day activities.   
2786  Bitcoin / Bitcoin Discussion / Re: What part will the Lightning Network play in the upcoming bull run? on: June 14, 2020, 11:38:22 AM
I do think one should realize that the lightning network does hold a lot of risks . I do not think why whales and other Crypto enthusiasts will actually use the lightning network.
Main problem with the lightning network is :

Security
The nodes are supposed to be online all the time which in turn makes them more vulnerable to attack and therefore I do think one should also think 10 times before exchanging big investments at the time of the bull run .

But at the same time there are wallets who are providing users with the opportunity to use the lightning network along with the normal one.

I do think it does need more development before it can be implemented correctly and used at such an important event.
2787  Economy / Economics / Re: Prediction the future price of USD on: June 14, 2020, 08:07:22 AM
I do think that the Price of Dollar is going to fall soon
Why ?
• I do think that due to huge stimulus bills and such , even though are are not seeing such a high decrease in the market value of the coin , it is just hollow from the inside .
One big blow and it will fall down very fast.
Contrary to what I think , if we actually go around and find about the analysis of the dollar , most are showing a 5% increase approximately, but I do not agree with that .
• The government is printing money , not for the healthcare , but for the military , for the police to fight off the peaceful protests . Where is all this money coming from ?
They are using their supplies .
The buffer system won't act forever. Trump is not taking a stand thus the protests will go on , people will suffer more since COVID-19 is not very humble on America .

Country won't make laws protecting the community>More Protests>More people with COVID-19>high motality rate>economic decline.

I don't see Trump doing anything soon , for the time people will suffer and so will the country.

I do think dollar will fall soon `
2788  Economy / Economics / Re: Richest BTC addresses can easily create whale alerts everyday on: June 14, 2020, 06:34:29 AM
See as long as they are not going to go and sell those Bitcoins they aren't influencing the price actually.
But if they are sending so much coins then the news will read :
A Whale Just Pumped in 10000$ worth BTC or something like that
Newbies and other people who are new here would run and buy the Bitcoins . Which should have changed the price for sure .
Over the Past years we have seen so many whale alerts, once in a while that we should realize that it's better to ignore them .
There is even a site regarding this ! !
https://whale-alert.io/
Not only that you can filter those things on Twitter too !

This is just hyping the newbies up for spending their money in the cryptocurrencies, even if 10,000 people use 100$ to buy cryptocurrencies , they collectively will be a whale themselves and THUS , those Whales can encash and crash the price and then buy again .

Market manipulation .

Good thing taxation saves them from doing so ...
2789  Economy / Economics / Re: If you have agricultural land would you sell it or hold it ? on: June 13, 2020, 09:29:04 PM
If you have agricultural land would you sell it or hold it ?
Hello
Considering how important agriculture is right now in the time of Corona Virus , I would for sure hold it and grow vegetables and other important things in there , till we are out of this Pandemic.
Situation is really dire and I understand that sometimes people do need money , so selling a plot seems good .
But during the Pandemic the price of the property have fallen , at least where I live , therefore I would suggest you guys to hold it up for couple more years because right now would be in a big loss .
Just be careful and don't make any rash decisions. It is all about Patience things will go back to normal , if not normal - normal , it would be a new normal .
2790  Economy / Gambling discussion / Re: Will you borrow money as your bankroll if you trust your skills in gambling? on: June 13, 2020, 04:06:38 PM
I am currently thinking of making an experiment on my own, I have friends who are willing to lend me money for whatever purpose I like.
For this purpose, I like to use the money that I will borrow as the bankroll in sports gambling.

Anyone here have tried this? What can you recommend?

One thing about Gambling is :
No one knows the outcome
So it is more or less something that you will use your luck on , at the same time there are games where you do have a good use of your skills , at the same time sports betting is actually a good option since it provides you with a higher chances of winning.

Card Games is something that the person can have a good hold on therefore I do believe that if you are talking about Games where you do need skills along with Luck , you can try doing that.

But if you are just going to borrow money based on your luck then I do think that you should rather consider saving up for a while and then try it .
2791  Bitcoin / Bitcoin Discussion / Re: India may again ban cryptocurrency on: June 13, 2020, 02:16:51 PM
There's a possibility of India to ban crypto again. According to an article by decrypt, "A new bill in India may be proposing up to ten years of prison or fines up to $3.3 million for using cryptocurrency."
If the bill passed, the chance of having Indian into the crypto space will be very low as the punishment is too high.
Source- https://decrypt.co/32160/india-considers-another-widespread-ban-on-bitcoin

What are they trying to assert with it ?
• Dominance?
  Dominance over people who actually are already crushed by the corruption policies of the government?
• I did notice that they used the statement *Private Owned cryptocurrencies* in one place
  Does that mean they are trying to create a digital rupee as well ?
• Are they scared that this Crypto is something that was from China and therefore can actually be problematic to time in the future?

I don't know what's wrong but what I know is :
They are for sure not scared about cryptocurrencies being used for bad things , because the percentage is quite low. People have started building their ICO's , giving business ideas and such . The market is flourishing.

Let us talk about this :

*Chapter III: Offences and penalties
Taking gratification in order to influence public servant, by corrupt or illegal means, shall be punishable with imprisonment for a term which shall be not less than three year but which may extend to seven years and shall also be liable to fine.*
3 years+ for corruption
*Except in certain aggravated situation the punishment will be imprisonment not less than seven years but which may extend to imprisonment for life, and shall also be liable to fine.*
7 years + for Rape

10 years of prison for Crypto users ? This is both hilarious and offensive.

https://yourstory.com/2020/06/bootstrapped-startup-paxful-ebay-bitcoin-india-crypto-market

Example of what I said above '
* The market is flourishing . *
2792  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Mobile Gaming on: June 13, 2020, 06:39:35 AM
Well I do think there are two things that can be done here :
 •Make mobile Games related to Bitcoins
https://news.bitcoin.com/cryptocurrency-games-have-invaded-the-most-popular-app-stores/
 This is already being done in the market .
 •Pay In Bitcoins while your purchase any Mobile Game
https://blocksdecoded.com/buy-video-games-with-bitcoin/
This is already being done , plus there are many options out there .

It is not about mobile gaming interaction with Bitcoins , that is already happening .
It is about Good Games that people can buy with Bitcoins
Now that will ofcourse take time. Considering Bitcoins just came in 2009 , we still have a long way to go .

For general information I would list some ways regarding the same:
Moon Browser extension
Purse.io
GamesPlanet
Keys4coins
Jolt4fun
Bitrefill
(Url have already been provided above if someone wants to check it out)
2793  Other / Beginners & Help / Re: Chance to earn Merits for newbies on: June 12, 2020, 09:46:17 PM
Hi OP, still possible to come back here after a month for this offer? I'm still a newbie and I'm not eligible for this offer as per your rules
Hello
Ofcourse , feel free to drop in applications whenever you do feel you are ready .
The thread will be open , If I keep receiving merits , I would keep opening slots here. Cheesy
Wow this awesome and also a great assistance because this can inspire we Beginners to improve our quality posts.
At times I use to feel discouraged of posting due to no merits. I have joined some legitimacy giveaways like this previously and I think it is extremely useful. I really wish to be among the lucky ones to get the 2 merits. Thanks so much and more blessings.


Hello
Am sorry you do have to make a good post , I did see your posts but unfortunately most of them are for applying into a signature campaign.
The reason you are not getting accepted is because you are not showing the company about how valuable can be your posts. You do need to go to normal topics and start posting a little. Cheesy , then feel free to drop in application ! Best of luck .
OK, right now I have some merits available so I checked recent applications and decide to reward with merits following members:
leway.ph for Re: How to earn money for Newbie on Bitcointalk?
Lorokan for The right mindset needed for all traders
RohanNRam for Re: Will another altcoin rise to overtaken Bitcoin?

If I find some other good applications later, and will have some merits available, I may give some merits again Smiley
Thanks bro ❤️🔥

Plus thank you for all the kind words from the applicants here . ✨

Take care of yourself and keep posting amazing stuff , this is an amazing community , would help you grow a lot if you take it seriously.

It is not just about technical knowledge about Bitcoins , it is about how we can integrate it as a normal person in our lives. I have seen newbies avoid the technical topics , don't worry people we have interesting topics like Economics too where you can actually find a lot of interesting posts.

Don't worry and stay safe .

Sorry for the delay the list will be updated soon :3 exams :')
2794  Economy / Economics / Re: What brings economy of a country down. on: June 12, 2020, 03:56:23 PM
Let us first address what a country's economy depends on:
 • Workforce
 • Availability of Natural resources
 • Skill
 • Education
 • Management
 • Government Relationships
 Etc.
Diversification is essential ofcourse but at the same time if one sector falls down and other sector picks up , one needs to handle people and resources involved in the failed sector too .
It's all about Sustainability. How well you can manage and make it competitive. The market is no doubt cruel , but at the same time one needs the knowledge of their own country's location and natural resources too .
If the country is in a Tropical section then they can for sure try and invest in farming , horticulture etc... But most of the times it is not the choice if the government but people themselves.
It does depend on the interest of people , what they want to do and what they don't . Government owned business are not the only thing generating revenue for the economy.
2795  Economy / Services / Re: LuckyBit Signature Campaign on: June 12, 2020, 12:08:13 PM
Payments have been sent and the campaign will continue another week. Thanks everyone.

It is a great help for everyone during the time of Quarantine. Trust me.

Thank you for the prompt payment and we are glad to keep working with you guys .

Have a nice day and stay safe everyone.
2796  Economy / Economics / Re: US economy wouldn't be shut down again despite the rising case count on: June 12, 2020, 10:27:47 AM
See the problem is the government cannot control the protests until and unless they do something about it . The government is not gonna make any new law. They are unfortunately led by a racist leader . Even if they shut the economy down , people will still exercise their rights and it is important!!

They don't have any access to masks and other stuff. People are even hoarding toilet paper and baby products , this quarantine is causing nothing but suffering for the people.

One cannot just implement the quarantine like this . They need to have SYSTEMATIC QUARANTINE! If they do remove the quarantine it would be bad for the economy and the people for the long run .

They need to make new laws example:
1. One person would be allowed to work for the family.
2. Government needs to provide incentives NOT FOR THE PEOPLE who are able to take care of their families and are earning well , but for those who are now actually not even able to register for the incentives.
3. Around 1.54 million people are jobless now , they don't need to give them incentives but JOBS!

This quarantine should be Removed in stages and they need to increase their speed of testing !

Seriously they need better people to guide them !
2797  Bitcoin / Bitcoin Discussion / Re: 5 Reasons Why I Prefer a Bitcoin Mobile Wallet on: June 11, 2020, 04:51:10 PM
I do think one should understand that , if you are not holding a huge amount of Bitcoins in your wallet then there is nothing wrong in using mobile wallets . Some Mobile wallets do provide you with instant buying and selling which is good for long term and short term trading.
The whole idea is :

It takes approximately 30 minutes for Bitcoins to be transferred from a hardware wallet to exchange therefore I do doubt that one would want to miss out on an opportunity where they can actually earn a lot .

The price changes every second sometimes and therefore I don't think that they should be used if your main focus is trading .

But if you do have a lot of money and you are going to hold your BTC till you become a millionaire then go for it ofcourse , they are amazing and very secure.

They are not a liability ! If you think correctly everything is a liability , it does depend on how you handle things.

Hardware wallets are not hackable until and unless you do know how to operate them rightfully. Even your mobile can be hacked , it does depend on the user at the end of the day and therefore I do think that one can go both ways , there won't be one right option.
2798  Alternate cryptocurrencies / Altcoin Discussion / Sending 130$ , with a transaction fee of million ! on: June 11, 2020, 02:23:31 PM
Apparently today at 4 , a millionaire who was holding Millions in his wallet (ETH) just sent out 130$ to an address but yeah with a fee of 2.6 million Dollars !

I know this is not related to Bitcoins therefore I apologize in advance if the topic has to be moved. But what's related to us is this ridiculous transaction fee !

Why do you think this happened?

1. The guy was for sure High or Drunk
2. The guy wanted to make some miners lucky , this time it was a company located in China

https://www.coindesk.com/whale-sent-130-ether-transaction-fee

The guy is still a millionaire and does hold a lot . Does that mean they were trying to support the Mining community by giving out pre-christmas present for them ? Or is it something he did and will realize later .

A generous offer by the same company states that : if it was indeed a mistake they might help the guy in recovering some amount.

What I wanted to talk about is :
Why only this company?
Isn't it fishy , because back something like same happened with them and they did split up 50/50 with the sender .

Is it possible that they are somehow regulating these things ? Has the Mining industry starting involving themselves in scams ? But then again something doesn't add up here .
2799  Economy / Economics / Re: COVID-19 Impact on the Indian Economy on: June 11, 2020, 06:44:42 AM
Under Covid-19 impact India businesses and economies function.The next 12 months will be difficult.Many businesses will struggle some may even die. But as with economic adversities of the past new industries will emerge bringing with it renewed hope of recovery.covid is having a deep impact on Indian businesses over the coming month's jobs are at high risk because firms are looking for some reduction in manpower.Indian economy that was visible towards the end of 2019 and early 2020 The revised Gdp estimates for India downwards by 0.2 percentage in year its big down fall.

0.2% in the Papers .
One should try and visit any village , go to even a middle class family and ask them how they are doing. Only the government employees are getting their salary, rest people in the private sector are being fired .

People are roaming around looking for a new job ! When there is none. The companies are into big loss and people are taking money from the rich people.

Medical studies needs a practical aspect too , unfortunately I know a guy in the final year who still didn't had the opportunity to learn how to give an injection. The government thinks Quarantine is good , situation is different , Quarantine is making life hell for most people.

They should have done something like :
1 person from the family is allowed to work and free masks would be provided for the same and sanitizers too

I do think one should understand that there are countries which personally called people to make sure they are at home , they gave them sanitizers and masks . Now they don't have any cases since days .

I do think that the pandemic showed us how the government can handle such situations. We need an economic and governmental reset . Most countries does .

The reality is :
The mask that you purchase for 20-40 inr each , is made for 0.50 inr each.
The workers are paid nothing!!
2800  Bitcoin / Bitcoin Discussion / Re: New Covid wave vs Bitcoin on: June 10, 2020, 03:59:47 PM
 Shocked well lemme tell you guys some interesting facts :

The reason why we don't have any treatment plan for HIV is because the virus mutates at a very fast rate and therefore it's hard to pinpoint the treatment.

Now according to the scientists , the Corona virus is mutating too . The data is changing and now patients are taking longer to show symptoms. The incubation period is increasing.

This is not confirmed ofcourse , just like any other fact about COVID-19 , it's also in the sheets and we don't have time to actually go and try to find out more about it when we are already struggling with the vaccine.

Now we are not only going to face the second wave but we are also going to face a stronger mutated virus .

But all I know is , we cannot afford quarantine anymore. No country can . People are dying out of hunger if not the virus itself and therefore the market will continue to work .
We won't see any ups and downs in the Crypto market for the long run because of the virus itself.

Corona virus have showed the government that Fiat is not enough! They do need system like Bitcoins. Let us wait and hope that the current hope for vaccination to be out till September works . But then again chances are really low.
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