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2841  Economy / Economics / Re: In COVID-19 everyone needs motivation on: September 09, 2020, 07:52:23 AM
Some jobs were lost, and some other jobs were created during this period. Online businesses are booming all over the world. Online retailers such as Amazon and Ebay are witnessing a two-fold increase in their revenues. My advice to all those who lost their jobs is to search for opportunities outside their domain. If they need to learn new skills, let them be open-minded about it.
It is really sad to see people thinking about the economy rather than the precious lives of the people. It is not about the jobs that were lost or created, it is about the people that lost their lives to the virus. Even sadder to see some countries tried to put economy first before the health of the people and that did not go well!
Again, jobs do matter. But you can't just randomly get a job "outside your domain". It is not as easy as you think! Learning new skills takes a lot of time.
2842  Alternate cryptocurrencies / Altcoin Discussion / Re: Sure, We have good DeFi project. on: September 09, 2020, 07:47:58 AM
Don't just look at the price of the coins. Look at the supply too. They have only around 29,967 yearn in circulation for which the price of each token is high. The low supply also means that the price can easily be manipulated. True, the sudden rise from 30 USD to 19,000 USD is indeed alarming and kinda feels like the price has been manipulated.
People still people will invest in those projects without even thinking twice or learning more about the project. All they want is just profits.
2843  Bitcoin / Bitcoin Discussion / Re: Bitcoin for salary on: September 08, 2020, 08:22:47 PM
I doubt anyone would wants to be paid with bitcoin as their salary from regular jobs. Bitcoin isn't predictable. No one knows what is going to happen and it is extremely volatile. Someone receiving say $4,000 USD in bitcoin as a salary might end up having $3,900 USD as spendable within the period of one confirmation. I mean, we have seen price of bitcoin dropping by 100s  of dollars within few minutes. The same might be true for the opposite. Within few seconds the value of his coins might rise, but no one wants to take risks. They have fixed bills to pay where the rise or fall of the price of bitcoin doesn't change the amount to he has to pay!
2844  Bitcoin / Bitcoin Discussion / Re: Bitcoin in a good shape? on: September 08, 2020, 07:36:48 PM
Why don't you go look for yourself. Since you are back after 2 years, maybe you should start reading what events took place so far and update yourself with all the latest bitcoin news. It is not that hard to do so.
And also look at the charts and you will know if bitcoin currently is in "good shape" (not sure what you mean by this, but I guess you are talking about the price?) or not. The price did reach around 12,000 USD for a while, but couldn't hold it for long enough unfortunately.
2845  Alternate cryptocurrencies / Altcoin Discussion / Re: No hype is good on: September 08, 2020, 06:55:08 AM
Keep on preaching, but unfortunately people will still fall for it. Some will do it on purpose to try out their luck and become rich over night. Others will just follow those people like a sheep and then lose everything.
Hype is not good at all. Only those who join the hype train early and exits before others, they make the most profit. Rest of them loses everything as soon as the hype ends. This thing has been repeating throughout the years, but greed plays them really good.
2846  Bitcoin / Bitcoin Discussion / Re: Where did Satoshi Nakamoto ever compared Bitcoin to gold or digital gold? on: September 08, 2020, 06:45:45 AM
I m confronted to someone who states that Satoshi Nakamoto never compared Bitcoin to gold in the monnetary sense (not about mining).
However, I m sure to recall a quote from Satoshi stating Bitcoin is digital gold which was used several years ago in the debate of Bitcoin vs Bitcoin cash as an argument that Bitcoin is a store of value and not a meant of payment.
I m failing to find it again. The only thing I found is about Bitcoin mining, but this isn t in the meaning I need to prove.
Does it really matter if he compares it to gold or digital gold? What matters is bitcoin is decentralized. So what Satoshi thinks about bitcoin doesn't/(shouldn't) matter at all since he doesn't control bitcoin or is the leader of "bitcoin". What matters is how we "all" consider bitcoin to be. If what Satoshi think about bitcoin is going to affect how we see bitcoin, then is it truly "decentralized" since someones opinion is highly affecting the overall picture of bitcoin?
Bitcoin itself is unique. There is no need to compare it with gold or other valuable things.
2847  Economy / Gambling discussion / Re: Crypto gambling sites should be careful of bringing eSports in on: September 05, 2020, 03:48:14 PM
Crypto gambling sites are notorious for allowing players in without any ID verification.
On its own, this isn't a disadvantage. Usually local laws can be restricting. Making it more expensive to run a casino and limiting certain geographies.

But now with eSports being a rising industry, many gambling platforms are quick to jump in the trend. Trying to incorporate more games and also more tournaments into their systems.
But I see this as something that could backfire.

First of all, as it's natural, games are played by younger audiences. Perhaps the majority of the player base in most games that are popular in eSports lately are underage even.
And this is accompanied by another trend. Parents also being more comfortable with letting their kids spend on games. Games like Gortnite and PUBG mobile are notorious for earning millions via microtransactions while being free to play. Even a free Call of Duty game was released to be monetized with micro-transactions.

The trend of free to play games with micro-transactions becoming popular is also gathering increasing attention from regulators. And these discussions often also discuss gambling. There have been discussions in several countries for instance to ban lootboxes and paid chance based drops in game.
So if gambling on crypto sites also somehow becomes popular to underage people thanks to eSports.
The concern of children developing unhealthy habits already exists against the games they play. Imagine if gambling becomes more accessible to them also. Both crypto and the platforms would be to blame in the eyes of many people. And then it'd be no surprise to see regulators trying to also regulate more against crypto and gambling in general.
In my view, underage persons should have the right to own crypto. They already have the right to own cash anyway. But allowing kids to gamble has questionable ethics.
Shouldn't their parents be responsible in the first place? A parent shouldn't leaver their "underage" children with unsupervised internet access. Games like call of duty which you mentioned has PEGI rating of 18. Their parents shouldn't be letting them play it in the first place. And how is crypto gambling going to be popular among those kids? How are they going to start buying crypto currencies without identity verification (unless they plan to do it illegally)?
2848  Economy / Gambling discussion / Re: Are there any VR crypto casinos? on: September 05, 2020, 03:04:08 PM
My spouse recently bought Valve Index, and we are exploring the new opportunities it opens. I enjoy the good-quality experience it provides, but it just came to my mind that there should be VR casinos as well. I googled VR casinos and found out that some indeed exist, but I started wondering whether there are any crypto casinos that support VR. I've searched the forum but did not find anything serious. Do you know any reputable casinos with VR support? Have you tried any, and do you think they could get popular?
I found some slots with VR support on Bitcasino through this article, but are there websites focusing on them more specifically?
Yeah, I remember bitcasino making a post over here asking about VR casino. I think they are going to implement it soon. But, that would just be an overkill for a casino and only few people are going to be using it (and that would be like for once in a while). So, I doubt any casino would want to spend anything developing a VR casino. Hence you won't find much VR casino. There might be some VR based video games that involves casino with no real gambling. Have you tried looking for those?
2849  Economy / Trading Discussion / Re: What I think will be the top cryptocurrencies in 2021 on: September 05, 2020, 02:13:22 PM
I am no financial advisor but however I believe this answer will age well. A few of them who look at this and actually put a few dollars o these projects may become millionaires.

Please do your own research before investing and none of what I say is financial advice.

Here we go,

-snip-

What are your picks? Which is the dark horse in your bags?
Other than the first two coins you have mentioned (bitcoin and ethereum), I haven't heard of any of the coins in the list. Kinda sounds like you are shilling for this coins and getting paid by the developers to promote these (shit?) coins. You just added bitcoin and ethereum to the top so that no one finds you suspicious (this is what most of the shill users do by the way). If you really think those coins you mentioned is going to be of some value, explain how instead of vaguely saying its the next bullrun.
2850  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: September 05, 2020, 08:20:50 AM
Lol, xrp is the next bitcoin because it is going  to be over %10? No way a "centralized" coin is going to take over bitcoin. Majority of the nodes belong to ripple and there are people still there who believes XRP is completely decentralize and isn't controlled by anyone, whereas there is a central entity providing it a leadership. Why do you think banks are interested in ripple?
2851  Economy / Gambling discussion / Re: Sports betting: how much knowledge is too much on: September 05, 2020, 08:08:13 AM
There is no "limit" or anything knows as "too much" knowledge. Sports better depends little on luck, but more on information you gather. For example, if a weak team plays against a strong team, you are pretty much sure which team is going to win because of that knowledge and this is also how odds are set. Betting on weak team gives you higher payout when they win. The more knowledge you gain about a team, the better the chance of you predicting the winning team!
2852  Economy / Speculation / Re: Who sets the bitcoin price? on: September 05, 2020, 07:52:52 AM
You are correct. The currency is decentralized, so no one controls. This means no one controls the market or the price. The is determined by the demand and supply. That is why when coins are dumped, coins increased in the circulation and the price falls. The vice versa is also  true.
But this also means some who hold large sum of coins can manipulated the price of the coins for their advantage (but will be too risky for them).
2853  Economy / Gambling discussion / Re: Poker Gameplays and Strategies on: September 04, 2020, 08:32:43 PM
You should learn the basic rules first. Google it and learn. You shouldn't just jump and in and start playing with real money. This is the reason why you are losing.
Poker requires some skills, but also remember, it depends on your luck too. You should learn how to bluff and understand your opponent and make your plays.
But don't just rely on "strategies", after-all it is a game of chances, so strategies won't always help you win.
2854  Economy / Economics / Re: i can proof my economy knowldege anyone who critizsed me i have good question on: September 04, 2020, 04:33:26 PM

no you see its not quite right here!


its like this:

lets say like now the banks want to inject new  money into economy
so they will count all the people in the country or  single currency area such us usa dollar eur or other currency.
they count how many people are and then they will multyply this with  10 000 usd its calculated that 10000 usd is needed to inject for 10 years into economy per each person.




now we know why they brought people from the middle east to europe.
and why they brought people from mexico to usa.  



every 10 years is money printing circle.
now all the banks will inject money into economy for next 10 years.

it means we will have economy boom next 5 years.
you dont belive me? do the math calculate and you will be shocked how accurate numbers and facts i have here


i cant belive i really share this info for free here again and again.


and this is just the dip of the iceberg what i know
Smiley

Please stop before you embarrass yourself any further. On your last post, you gave some "information" which made no sense and then you were asking for "donation" for more information. Based on this post, it sounds like you are trying to pocket some money from naive people by using big words to sound smart.

That is not how money is printed. The government doesn't count people to print money lol. Like I said on your previous thread, the main factor is output of goods/services. If they print money based on number of people, it will only cause inflation. Prices of goods will rise and the value of the currency will drop.

to know all this and even more its easy to know what will happens with stock market where is good economy where is bad economy


as anyone saw that my predictions was 100% true
If your predictions are correct, you might be rich by now trading stocks... but why are you looking for donations? Roll Eyes
2855  Alternate cryptocurrencies / Altcoin Discussion / Re: Who is the boss? on: September 04, 2020, 07:26:59 AM
Isn't it going to be the investors? I mean why are bounty hunters and Social media posters even in the list? The bounty hunters were able to make thousands back then when all those projects created some kind of hype. Now, all you will see is maximum bounty hunters are like three or four months of working, crying for not receiving anything or receiving tokens that are worth nothing at all!
It is going to be investors. They take risks, but their risks aren't consider as stupid risks.
2856  Alternate cryptocurrencies / Altcoin Discussion / Re: Greedy crypto developers on: September 03, 2020, 06:32:25 PM
Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.
As if they care what you think about them. They are shameless. They aren't like "us". They don't care if others lose their money as long as they make their profit by scamming.
Too a bad people still encourages those scammers by investing in those projects to try out their luck. Seeing others invest in those projects, naive users also end up investing (they themselves are to be blamed though).
It is not only the developers that are greedy, investors are also greedy!
2857  Economy / Economics / Re: I have Good news and Bad news about economy on: September 03, 2020, 05:56:44 PM
Good news are crypto will Go Up.
Stock market will Go Up.
More loans will be issued More stimulus.

A lot Money will be printed a lot like grazy ammount of Money markets will go grazy!!
-snip-
I am sorry, but do you understand how economy works? LOL, you saying a lot of money will be printed and market will go crazy. By this, I assume you meant good way crazy?
Do you know what happens when a lot of money gets printed out of thin air and gets injected into the economy? Please learn the basics of economics before even giving away your "free" information. Injecting money by printing only increases the cash flow in the economy, economic output remains the same. This means there will be more money with people but less "goods/services". The market will react by increasing the price of the goods (demand supply vs price). So you will be able to buy the same amount of goods with inflated price.
2858  Alternate cryptocurrencies / Altcoin Discussion / Re: Few painful truth that many still don't want to accept about crypto projects on: September 03, 2020, 05:37:42 PM
-snip-
3. 99% of Lending and borrowing DeFi projects are scam, might be hard to believe now but in time the truth will be revealed, it's all about having a deep thoughts about these projects, what's actually backing them? We are been controlled by con artists right under our nose once again after we've thought we've learned the worse in 2017.
-snip-
This is the part most people aren't getting. They are just following the hype and are hoping to make millions over night. They don't even bother learning about the project before investing anything. Most scam projects that were already dead just added the term "DeFi" to it and people are already falling for it.
It is true, history repeats itself. I won't be surprised to see hundreds of people losing their money after investing in those project.
2859  Economy / Web Wallets / Re: blockchain second password on: September 03, 2020, 06:56:06 AM
Basically blockchain.info used to have a second password feature, they deleted this. Does anyone else know a web wallet with a second password? does the trezor / ledger have a second password?
Blockchain.info is now blockchain.com. You sure they deleted the second password feature? Why would they remove a very important security feature? You should check again. Probably someone turned it off from your account and your account has been compromised.
Even if a web wallet has a second password, they are not secure at all! Never store your coins in a web wallet. There is a high chance you will lsoe everything. As for trezor/ledger, they aren't web wallets. They are hardware wallets and quite secure.
2860  Bitcoin / Bitcoin Discussion / Re: I have shared about bitcoin on my class on: September 03, 2020, 06:45:46 AM
That is great, but I think this wasn't a good idea. I mean, the media always spreads how crypto currencies and bitcoin are used for scamming people. Your professor, next time when he sees anything about scamming involving bitcoin or crypto currencies like scam exchange or shit coins, the first thing he is going to remember is you and the example that you gave about freebitco trying to bait people to click on their site. He is going to have a bad impression about bitcoin.
Nevertheless, you did a good job trying to make people aware about crypto currencies.
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