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3221  Bitcoin / Bitcoin Discussion / Re: Dollar supporters destroy Bitcoin ATM in El Salvador on: September 16, 2021, 06:34:23 AM
Well, that's just absolutely stupid, and pretty much just shows how smooth the adoption of El Salvador's Bitcoin implementation is. I guess the next step of his plans should be to enlighten people to what actually Bitcoin is? Since destroying BTC ATM's does nothing to damage it's reputation, heck it only serves to show how some people are quite ignorant on what Bitcoin really is. Now if they did actually know, well that just makes them more stupid. Well hope he actually does something to the aggressive protestors, no matter what they say it is still government property at the end of the day.
3222  Economy / Trading Discussion / Re: Do you already noticed about the changing of identity verification of Binance ? on: September 16, 2021, 05:43:17 AM
Haven't exactly been notified yet, I'd reckon it should come in the following week? Might wait for them to actually restrict my account before complying just so that I can see it lmao. I don't have much activities going on for the month anyway.

Am I the only one here who doesn't get it? this becomes a question for me, are they using this change because there is an error in their system and database?
I can't see the details because I didn't get any notification or email regarding this.
It's just KYC level changes, they're pretty much requiring you to identify yourself now before you can even use their site, not really an error in their system. It's more like their site is becoming more and more renowned that they're adjusting the requirements for usage so that they can manage any issues that come up whenever a user has illegal activities or something.
3223  Economy / Gambling discussion / Re: Concern about the the problem of online underaged gamblers. on: September 16, 2021, 04:07:52 AM
Those ads should be targeted to you specifically and not entirely all owners and/or users of Chrome browsers and Android devices. The only issue here is that if children actually use mobile devices from their parents (or even pcs) and randomly visit sites they clearly shouldn't. Well tbf, that really isn't the issue, the issue here is that parents are supposed to educate their children at an early age so that things like these aren't an issue. Letting them gamble should even be possible just to make them sate their curiosity, and if they ever want to continue, that's when you step in to educate them, albeit harshly.
3224  Economy / Trading Discussion / Re: [scalpers] Don't just join a moving train on: September 16, 2021, 01:52:39 AM
From my observation I discovered scalpers avoid stop loss because the are scared of been stopped out of a trade too early only for the trade to end up going in their direction.
And that's stupid, scalpers take profit off of quick changes in the market and having stop loss is an absolute requirement to them (though it also is on all traders tbh). Scalpers shouldn't think of maximizing profit in most situations, they should think of making a profit instead. It's pretty much why they have a lot of trades in a single day, because instead of gaining huge profit in one trade, they do hundreds of trades to achieve the same amount of profit. It's a pain, yes, but it is a trading style where you try to make as much through most of the changes the market makes, hence it would naturally take a lot of effort, unlike hodling for example, which is just you waiting.
3225  Bitcoin / Bitcoin Discussion / Re: How has Bitcoin Changed your life? on: September 15, 2021, 10:06:38 AM
Well got a pretty good startup capital due to trading here and there (though tbh, I think I lost more than I earned), managed to land a few side gigs due to the profits I earned early on then went on to continue on investing and the like. Also pretty much made me learn a lot of stuff about finance and economics and the like, which is pretty nice imo, made me open up my eyes since I had no bloody idea at all in the past as to what stuff actually means in the economy (No, I forgot all my lessons that were discussed in school back then).
3226  Economy / Speculation / Re: Bitcoin Bull market is back on: September 15, 2021, 06:32:49 AM
Sorry but where is the quick recovering here? https://coinmarketcap.com/ Bitcoin still in struggle to stand up to 50k and even if this may the status always falling days after so i guess we will take long before that called recovering.
remember that we are having a record of 64k this year and that is too high to look at recovering .
You're looking at it the wrong way though, we went to the bottom of 29k a few months back (around 3 I think?) and that's what we recovered from. Heck, even the sudden dump a few days ago where it sharply dropped is slowly being recovered now. You can't really compare a recovery to a peak value. I'd reckon $50k is a wall that Bitcoin would take time to breach into, it'd probably take a few weeks before it even does since again, it is still recovering from the sudden dump last time plus consolidating its position. It'd take time, but I don't think it would be that big of a struggle.
3227  Other / Politics & Society / Re: Transgender on MMA on: September 15, 2021, 04:29:25 AM
It's not fair and that's basically it. No matter how much others fight for the equality of transgender people, it doesn't hold to let them participate in competitions like this since it is for a fact that the body composition of a transgender woman is still comparatively different from a female.

It's already stated in the meaning of transgender, it may identify that you were of the wrong sex that was given to you, it still remains that the body you have is different from that of the same sex. Yes, equality for transgenders should be possible, but it doesn't mean that they should use it to take advantage of competitions since what you fight with competitions like the MMA is bodies, and not spirit (or core(?) idk you name it).
3228  Economy / Economics / Re: How to Influence the Bitcoin Market on: September 15, 2021, 03:03:15 AM
Ngl, OP's reason list is basically #4 only lmao. Not that I'm saying 1-3 are wrong, it's just that the 4th reason made the argument unbelievably dumb. It's like saying that unless you're a rich billionaire, you can't influence the market when imo, it's the smallholders that amount to huge numbers that move the market most of the time. Not to mention that what Elon basically did wasn't even a show of how rich he was, it was basically him using his popularity on the scene (due to being pro on Bitcoin early on and as well as his Doge shenanigans) to influence his followers who invest on Bitcoin.
3229  Bitcoin / Bitcoin Discussion / Re: How does the scammer companies earn through bitcoin ? on: September 15, 2021, 02:11:09 AM
It's really simple OP, the scam company creates an internal wallet of sorts that reflects purely numbers, making players mistake it for "profit". In your friend's scenario, he's mistakenly thought of the balance he has on the app as "profit" already, when in fact, it's just numbers generated by the app or whatever he uses, meaning it's fake, it has no real value, simple as that. Now, it's not only Bitcoin that scammers use, it's everything. Bitcoin is simply a medium, just like every other medium there, they are in no way at fault for being used in scams. If you were to continue in that direction I'd really have to question your intelligence about it ngl. That's at most, the only connection scamming has to Bitcoin (or anything else really).
3230  Economy / Trading Discussion / Re: Investors their mind on: September 14, 2021, 12:55:50 PM
Well, you do not control the joy that comes after winning a trade it’s also the same way that you cannot control the pain that comes when you lose. Though you can lessen the pain that you will have to go through after a loss by following some strategies – you can make use of stop loss to cut your loss short, that way you wouldn’t have to lose too much when you make a mistake while trading. It’s best to control it before it happens, but if you let happen, then you’re sure going to feel the pain of losing your money. So be calculative of the steps you’re taking while trading.
You don't really have to lessen the pain, or heck even ignore it. Accept it for what it is and acknowledge that you made a loss or a win, just that, don't let it influence your decision-making. Ignoring your losses and wins seems contradictory to using experience as the method to learn and grow, after all, if you simply ignore it, you're just going to repeat the same loss mistakes over and over. Accept, acknowledge and then learn from it. It's simply a method where you have a strong grip on your mindset, even with losses and wins.
3231  Economy / Gambling discussion / Re: G A M B L E R S ❗❗ What are your thoughts on this? on: September 14, 2021, 08:22:11 AM
B sounds more fun. Not that I'm against (Actually am) the idea of A, but playing against others seem to be way more fun than playing against the house. Tbf, I'd actually only play black jack really, since it's one of the games that I really enjoy, but other than that, I'd rather choose to play against other players. If the goal was to earn in the quickest amount of time, just based on the duration of each round, most would actually choose 1, but if it was enjoyment, most would choose 2 due to the nature of its games. Not saying that no one would choose 1, it has it's own charm but it gets tiring after a few games or so tbh.
3232  Bitcoin / Bitcoin Discussion / Re: I'm back into Bitcoin! on: September 14, 2021, 03:58:56 AM
Welp, glad that you aren't me, any files that I deem useless since I permanently delete them ALWAYS. There's a method to recover them if windows (my OS) hasn't completely removed it, but it looked to be quite a pain to go through. Happy for you that at the very least, curiosity appeared at the right time, and that it didn't kill the cat (in this case, your wallet). If you're planning on holding then a hardware wallet is the best option, if not, then I'd still recommend getting a hardware wallet and only trade half of what you have right now, and hold the other.
3233  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like a losing lottery ticket on: September 14, 2021, 02:22:25 AM
Man watching the beginning of the video where it compared winning tickets to fiat/dollar, and losing tickets to Bitcoin, I already knew it was a rather stupid argument. In the first place, it was a wrong convention to have the idea of generating profits from Bitcoin as its original purpose, since it is a currency at its core. Its increasing value is simply attributed to the supply and demand since it has a limited supply and growing demand, unlike dollar which has pretty much an infinite supply (albeit controlled).
3234  Economy / Gambling discussion / Re: Gambling awareness for adolescents on: September 14, 2021, 12:35:06 AM
Well, it's a good initiative, just that, it stays there, as an initiative. Its effectiveness is still to be questioned and honestly, it doesn't really look like it's going to be any effective. It's for a fact that teaching this stuff in schools would obviously get traction since it is in a school (from what I understood anyway) but it doesn't mean its effects would last long. Heck, I can't even expect them to actually remember the program contents after a week or so. I do hope that the program is effective, but really, as someone who was a kid back then, it doesn't really allure me that much.             
3235  Economy / Economics / Re: Have you notice how corporations took over the internet ? on: September 13, 2021, 10:54:49 AM
And I can't blame them really. They may be assuming the majority of it, but it does provide the results that most people look for most of the time. The cost being reasonable is still up to question, but the results of what they've done can't exactly be denied. At the same time though, the same costs can't just be ignored just because of the benefits they give us. Really it's just a matter of what they're going to ask us to pay for us to receive the benefit. It may be unfair for some, but hey, nothing we can do about it, big wigs have the final say most of the time. A matter of perspective maybe?

3236  Economy / Gambling discussion / Re: Uk most deprived areas have the Highest number of gambling outlets. on: September 13, 2021, 08:34:16 AM
Quote
How should they go about controlling these things? Should the government try and make laws to ban such behavior and such state? I think people should have a minimum wage for sure when it comes to gambling, what do you think ?
Do you suggest that the government should raise the minimum wages,so that more people could gamble?
Uh no, he doesn't. Pretty sure what he meant was there should be a minimum wage criterion when allowing people to gamble. E.g, a person who has an annual income of $100,000 should be the ones that are allowed to gamble (stupid sample, but it works). It's rather understandable really, with it in place it restricts a LOT of people from gambling however, this puts a pause to the possible profits a casino could get. It's literally a law that's placed to inhibit them from profiting. It's rather different from the age requirement since it's basically applied to all ages now, compared to the below 18/21 kind of law.
3237  Economy / Trading Discussion / Re: What is Bitcoin trading? can Bitcoin trading profitable without having lost? on: September 13, 2021, 06:26:49 AM
Well without losses you certainly would profit, that's pretty obvious, but that isn't trading imo since trading involves the process of both losing and earning money. A trade without losing money isn't a trade, I'd reckon it's much closer to a scam imo, so better run away from those types of offers. Bitcoin trading is pretty much just like any other type of trading/investment out there, it requires time, patience, experience and luck for you to profit. Taking care of what positions to take and when to enter and exit are some of the simple moves you need to make. It's rather easy to say really, but really hard to do.
3238  Economy / Trading Discussion / Re: Does a trader needs to be a full time trader to be successful? on: September 13, 2021, 04:54:01 AM
Full-time trading just gives you more instances of avoiding sudden dumps and possibly profiting more on dumps and pumps. There's not much difference really imo, traders could put up a stop loss to prevent excessive losses after all, but knowing when the market moves do give traders an edge towards profiting over shorts. In the end, it depends on the market, like a person who trades for 4 hrs and a person who trades for 8 hrs, if the market change coincides where they're both online, both of them would and could pretty much take advantage of the change.
3239  Economy / Gambling discussion / Re: Slot vs Video Poker on: September 13, 2021, 02:03:30 AM
They operate quite similarly in terms of the machine used, and both pretty much give random card results when played into. The difference is, players are given a chance to do something else in Video poker, while slots are pretty much a death sentence each and every play, meaning you can't change it. This makes the mechanics of both games quite different. I haven't really tried Video poker but I have tried slots. It's nothing new, it's fun to play but it isn't something that you'd generally praise as something "very" good or whatnot. It's slots, and that's basically the perfect judgement for it.
3240  Economy / Gambling discussion / Re: Metaverse x Gambling on: September 12, 2021, 08:25:41 AM
It depends on how the gamblers fully familiarize themselves with these new trends, gamblers love to play in a traditional setting online and offline, if this metaverse gambling is easy to understand, no complications and gamblers can easily relate or familiarize and profitable, they will easily get into it, we'll see next year if this metaverse gaming will take off and become a serious threat.

Let's take Axie Infinity as an example. Many people, even not crypto-oriented or familiar with anything about crypto try to enter game and forced themselves to learn because of the play-to-earn- feature.

The same will goes on Metaverse-based games that involve gambling features. Even a gambler is not familiar or having difficulty understanding the stuff about metaverse or NFTs, as long as they see more opportunities to earn here while doing gambling, they will do anything to learn it.

And no. It won't be a threat in the future for usual gambling because features are different.
I'd reckon it wouldn't really be difficult, it's only changing a platform plus adding in features that make it seem like it's a whole new 3d world specifically made for gambling purposes. It, at it's core, is still a game. Gamblers in the general sense play gambling as "games", so I hardly think it would be that hard. IF the complications involved let's say, country-wide restrictions, hardware specifications, and many more requirements that would make it a pain in the ass to play, then maybe, but if it was the usual games? I hardly doubt it would be difficult.
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