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3321  Economy / Economics / Re: Vietnam Becomes Latest Country to Turn to Crypto on: July 06, 2021, 06:22:45 AM
I've invested lately on Vietnam based blockchain project and I saw on there old announcement that some Vietnamese government official is directly involve on the project. They launched many conferences too in there country with a strong support from there government. Vietnam right now are starting to adapt cryptocurrency technology and its a very good news.
So you think Vietnamese government officials are directly involved in projects, not sure which project you are talking about and why do you think that government officials are involved because this development happened recently and you are talking about old announcement.
It looks promising when you hear news like these when government are taking the market seriously and they wanted to do a pilot study on how to implement them successfully.   

The project I'm talking about is Kardiachain. Sorry for my wording of "directly involve" but rather they are interested for Blockchain development technology to use on Fighting Covid-19. You can read full details of the article below.

Source: https://vnexpress.net/lanh-dao-cong-nghe-ban-ve-ai-blockchain-trong-cuoc-chien-covid-19-4288435.html
3322  Economy / Gambling discussion / Re: Esports Prediction & Discussion Thread on: July 05, 2021, 04:38:13 PM
On the NA region for Dota 2, the TI10 qualifier. I was rooting for a different team and not the winner but I acknowledge how strong the team of Undying based from their roster. No memes this TI10 I guess, there's no EE sama as his team Bumble bEE's didn't qualify.
There are two more regions to go, Western Europe Qualifier and China Qualifier. Two strong regions, the clash is for real on those regions.
Chinese teams will definitely dominate this next TI because I don't find OG that much making any headline meaning that the other teams in the region are going to be much weaker. I didn't expect EE to get in because he doesn't seem to be in the right team plus he is probably up on his crazy strategies.
I'm rooting for OG to take that slot. What if they will show the same thing as what they've done in the past. That, from the qualifiers they've stomped all of their opponents and made an easy entry for the TI10. But I'm also doubting that they will do the same thing because their  roster isn't the same as before. Sumail and Saksa are good players, they're one of the best but that chemistry with Ana and Jerax will always be the same.

OG has lot of potential on there current roster but there's a lot of strong team too on the EU TI qualifiers especially Nigma as there arch enemy. I will not hope that much on OG since there pos1 is Sumail. He is good but he didn't believe that much on team work that's why he keeps jumping on different team whenever he face elimination.

Chinese or Sea team has the best chance to win the TI10 because there's a lot of power house team there that completely master the current meta just like LGD, Aster and Vici.
3323  Economy / Economics / Re: Vietnam Becomes Latest Country to Turn to Crypto on: July 05, 2021, 04:16:57 PM
I've invested lately on Vietnam based blockchain project and I saw on there old announcement that some Vietnamese government official is directly involve on the project. They launched many conferences too in there country with a strong support from there government. Vietnam right now are starting to adapt cryptocurrency technology and its a very good news.
3324  Alternate cryptocurrencies / Altcoin Discussion / Re: Risk of Axie Infinity NFT Game? on: July 05, 2021, 03:41:00 PM
When people loose interest on the game and also when there is too much SLP available in the market. The only reason why the profit on playing Axie is good for now is because there are many people buying SLP that boos the price up. But there is a point that SLP token will be over supply and the price will go down hard due to oversold. It will begin panic and loss of interest in the game.

This game is very dangerous especially if you are putting a lot of money to purchase high quality breed there. When ETH got dump again, I wonder if there will be many people buy and breeds again.
3325  Economy / Gambling discussion / Re: 2021 NBA Season on: July 05, 2021, 11:53:54 AM


Suns Vs. Bucks in July 7. My prediction with this game would be Suns in 7 Smiley.

With an injured Gianni who leads his team on offense and defense? I wonder if they can last until game 7 though? Sun's completely dominate all the powerhouse team on West which is stronger to incomplete Bucks. Luck is with Phoenix this season and they have a good roster to counter both offense and defense of Bucks even if Gianni is not injured. Game 5 to 6 is what I'm predicting to end the finals.
3326  Economy / Trading Discussion / Re: Does Trading have an advantage over investing?? on: July 05, 2021, 06:41:15 AM
Trading or investing ..does Trading pay more than investing
I think there is no advantage on trading and investing because they are both risky and sometimes profitable. The profit that you can get on trading or investing is always depend on how you do it by yourself with your own strategy with the help of your knowledge or experience on both trading and investing.

Hmmm. Both are ways to earn profit so basically there is an advantage on each one. All profit generating activities has always a risk since it's not job with a regular wage. There's a lot of different elements on how you will earn profit and how much but as you stated, Strategy plays a big role for that. The advantage of trading was you can earn for a short period of time while investing is for long run. On the other hand, The advantage of investing was you can earn in the future while leaving your investment and continue the job you are doing.
3327  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Mining Cause Global Warming? on: July 05, 2021, 05:28:29 AM
I don't know if it's relevant information but I've heard Dan Pena talking about Global Warming being fake, I don't know much.
But what he said is that, he had a talk with the scientists doing research on the Global warning by testing the ice and based on that coming to conclusion what will happen if people continued using fuels, industrial products - Then nothing will happen in at @least 40-50 years not even a single 1% change will happen with regards to global warming.

I tried searching for the video but apparently, Youtube took it down for some reason.

Now coming to the topic- I don't think it will cause a Global warning, There already are huge sharks compared to Bitcoin that consume a lot of energy, and bitcoin mining will not affect that much.


Global warming is true as there are a lot of evidence such as climate change and many more if you watch on documentary channel such as Discovery Channel and Nat Geo. But yeah, Bitcoin mining industry only contribute a small percentage for the consumption of energy on earth. Elon Musk is just hyping it to use it on his FUD campaign against Bitcoin by that time, His Tesla cars don't gasoline/diesel but rather electricity which same on what is the source for the power of Bitcoin Mining.  Roll Eyes
3328  Economy / Gambling discussion / Re: 2021 NBA Season on: July 05, 2021, 03:35:12 AM
I also voted for Phoenix Suns
I'm sure the Suns will play as much as they can, they'll do everything to give for Phoenix the 1st NBA title.

Some of the reasons are, Suns have a very experienced player (CP3), absolutely he will guide the team to victory. The Bucks don't have a player as experienced as CP3, but the Bucks are a dangerous team without Giannis Antetokounmpo, some players stood out for example, Portis, Holidayy and Middleton, who played very well without help of Antetokounmpo and also Giannis is not 100 % healthy after his injury.

I believe these are the main reasons, I think the Suns can be champions.

I'm excited to tomorrow's game

For sure Phoenix has a high chance to get the Championship. They are also very lucky this season by defeating all the power house team due to injuries of the opponent star player. Davis from Lakers, Murray on Nuggets, Kawhi Leonard from Clippers and now unhealthy Gianni from Bucks. Luck is on Phoenix right now.
3329  Economy / Gambling discussion / Re: Do you know the Cards game..lucky nine,pusoy and tong its on: July 05, 2021, 01:30:14 AM
Lucky 9 is a P2P baccarat while pusoy is a 3-way poker. Tong its is the only filipino card game that I don’t see any similarities on other foreign game but these game is very popular in the Philippines especially on the online applications like tongits go but I wonder if they can adapt cryptocurrency since it will be a gambling already which is strictly prohibited on our country.
3330  Economy / Gambling / Re: best bitcoin casino that allow USA players or accepted use of VPN ! on: July 04, 2021, 11:24:40 AM
I'm curious too which gambling sites that allows users to use VPN, most of the gambling sites doesn't allow users to use VPN due to their terms and condition under their license. I tried to ask Bitsler before if I'm allowed to use VPN and they allow me to use it.
I have never read the terms and conditions of the gambling site where I usually play and I use a VPN to access the site because of restrictions imposed by the internet provider I use. I have been using it for a long time, deposits and withdrawals went smoothly with no problems at all.
Then don't be surprised when a gambling site freezes your account when you won a jackpot or trying to withdraw a huge amount of money then ask you to verify your real identity and if it does not match with your login credentials then you may face issues. It is very important to read terms and conditions before clicking agreeing to it or else ou will be one of the victim to lose money from your site which even can be your deposit amount.

Most of the issue about the account freeze recently was due to abuse of a promotion. Many user abuse it by using multiple account to claim bonus that's why they always have a conflict when they withdraw there money. It's not wrong to use VPN when you are using it for privacy for purposes and not to dodge country restrictions. That time ToS will gonna impose on the account. But if you don't have a shady activities on your account, there's no need to worry about account freeze.
3331  Economy / Gambling discussion / Re: Esports Prediction & Discussion Thread on: July 04, 2021, 10:07:07 AM
They have a shot on there current roster. Moon is there only problem.  Grin

This what I'm alway saying everytime Fnatic lose on TI and Majors. They keep changing there Pos.1 and Side lanes while there Midlane is there problem. Fnatic game improved dramatically after moon kicked out. Raven can release now his full potential by fully trusting his teammates to do there job. The sweet reverse sweep is very intense to watch. I thought that my bet to Fnatic will gonna lose after an early 2-0.  Cheesy
3332  Alternate cryptocurrencies / Altcoin Discussion / Re: It looks like someone found the keys to Burn Address (0x0) ETH on: July 04, 2021, 02:04:36 AM
why do you think that way? because there's an out transaction?
that doesn't mean somebody has the private key. most smart contract use that address to mint new tokens, so it should not be a surprise if you find out transactions after a smart contract interaction such as adding new liquidity to a pool.

This is true. That address is a genesis wallet address too which new mint token came from. Many newbie always being mislead on the transaction happening on that wallet because its well known for a blackhole wallet alone.

Finding private for that wallet address will consume approximately 90 to 100% energy of available on earth.   Grin
3333  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin price is very low on HitBtc on: July 02, 2021, 03:46:43 AM
My question is why this huge price discrepancy between HitBtc and the market and what makes the price drop so much on the exchange and why is the exchange not trying to correct the price to match the market?
Is there a possibility for the price to catch up with the market price?

Its the effect of Withdrawal suspension, people afraid they cant do arbitrage before the Doge price come back down. But if you want to take a risk of it, its possible the price to catch up with the market price after the suspension ends. Also keep in mind that usually HitBtc have a huge withdrawal fee.

Probably the price will not gonna catch up to the real value of DOGE. It's either they will delist or they will continue just like that. By the way, I saw a useful discussion related on this issue. Check out https://www.reddit.com/r/hitbtc/comments/mrxaxx/doge_withdrawal_issue_in_hitbtc/
3334  Alternate cryptocurrencies / Altcoin Discussion / Re: Do whales manipulate the market? on: July 01, 2021, 06:41:21 AM
I see many people wondering. Do whales manipulate the market?
I found website, it contains all the information about whale wallets we need to know:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html?fbclid=IwAR1Sswk63v4xVX58QdJFhlbzCA6hLNbRguJyimWXK7AfnR86go1kze7gJdg

The market cannot be manipulated , this only comes to reality once the people react from the manipulating strategy of the whales.

Example they sold all their coin that will start the value to drop badly , if we panicked and sell our coins also then that will be the domino effect and the whales successfully manipulated the market.

But if we will not react and just let them sell their coin  then we are safe from their target and surely they will buy back again for the reason of failure .

This is possible if all traders is an investors but the majority of traders in cryptocurrency are swing/day traders that's the price always volatile everytime some major news occur because they don't want to be trapped for a long time compared when they cut-loss or take profit already for a short period of time. Cryptomarket need a consistent organic huge volume to diminished volatility. The majority volume of exchange are from bot wash trading.
3335  Other / Beginners & Help / Re: Be careful of scammers on p2p exchanges on: July 01, 2021, 01:47:12 AM
Legit P2P trader there will never ask extra procedure or reason just to sway there customer. Pay attention on Successful Trade Rate and Number of transactions. Base on the screenshot you provided, the guy is obviously is doing shady things because he just need to send the money since all bank details is already provided by his customer.
3336  Bitcoin / Bitcoin Discussion / Re: The First Bank In Mexico Is About to Start Accepting Bitcoin on: June 30, 2021, 05:22:21 AM
I hope that will be succesfull. I can't 100% trust bank since it is controlled by government and in my opinion government is a part of players in a big world game. Anyway this is really a good news, I think everything that ease people to use cryptocurrency will boost the adoption of cryptocurrency among people around the world which means it will increase bitcoin demand so the price will rise.

It's inevitable for cryptocurrency to avoid banks or any source of Centralization if we really want to attain mass adaption. Banks is working for a long time and used by most of the people for there finances. So cryptocurrency need it too to serve all the people that still not involve in crypto.
3337  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Cake Coin good for Passive Income? on: June 29, 2021, 06:45:01 AM

I think for a good asset like CAKE, it's not important to see the current price. almost all DEX exchange tokens are also experiencing the same problem. you can see UNI, it came with a very extraordinary airdrop distribution. CAKE had the same problem. but developmentally CAKE might be better. Staking provides a sizeable return is one of the attractions. not to mention, the capitalization of the pancake market has increased quite significantly this year with an increase in new projects appearing in the BSC network.

I agree with the point. CAKESWAP is similar to UNISWAP, the attraction of this exchange is huge. DEFI is a sustainable trend so CAKE will continue to maintain and increase its value in the long term. CAKE staking is a good choice compared to other AMM projects on BSC.

The only problem on CAKE was it was being over hype and always being target by pump and dump of group so the price volatility is very high. You might suffer a big loss if you stake CAKE while the price slide down hard. The rewards on CAKE staking is very generous which usually result to over supply in the market so the price of token being mine always decreasing in the long run due to new token being mine daily.
3338  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB has tokens for each Altcoin on: June 29, 2021, 05:59:21 AM
It's not a nasty move. It's like BTC to EBTC on Ethereum Blockchain. Since there is a limitation on crosshain of other Blockchain when using DEX, Exchange just introduce a proxy token which the value is pegged to the original coin. The difference is just you can't use the proxy coin function as the original but its still the same for investment purposes. This is move is not only happening on Binance alone but on most blockchain like Waves, ETH and Eos

The Binance equivalent for BTC is Bitcoin BEP2 (BTCB), and not EBTC. Wrapped Bitcoin is another coin that can be considered as Bitcoin equivalent. But eBTC is some worthless shitcoin called eBitcoin, which is worth around $0.50 per coin (I had the misfortune of investing in this coin back in 2017, but got rid of it in 2018). Anyway, I like the idea of creating tokens. In terms of safety, it is no more riskier than keeping your coins in exchange wallets. But the plus point here is that you will be able to save a lot in terms of transaction fees.

If you read carefully my statement, I never said that it was on BSC but rather on Ethereum Blockchain that's why I name it EBTC(Ethereum Bitcoin) for the purpose of discussion. I know Wrapped Bitcoin and you only emphasized without comprehending the whole content of my post. But yeah, There's a lot of shitty token on all blockchain that disguising in BTC. Try to go on waves platform and you will see millions of it that giving some airdrop.  Grin
3339  Economy / Gambling discussion / Re: 2021 NBA Season on: June 29, 2021, 04:11:02 AM
Suns getting clowned everytime they close the gap.

With this type of performance they will lose game 6 as well for sure.

What a terrible closeout game from Phoenix!
Suns will win the series, I don't think that will be an issue. Clippers are really not that good IMO and cannot win the last 2 to close it out.

Definitely, Paul George just on fire this game and he is a very inconsistent player IMHO, They just manage to beat the Suns due to there high field goal percentage on this game but this not there usual field goal percentage. I wonder if they can keep this game phase or totally shutdown on the next game just like after they get there first win against Suns with Kawhi Leonard.
3340  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about NFTs? on: June 29, 2021, 02:48:44 AM
NFT is a revolutionary creation that will be beneficial on art and gaming industry. It's main purpose is for collectible hobby and most the crypto people do love to collect. The sky is the limit for the further application and use of NFT so the future of this technology has a lot of potential to grow exponentially. But there are many scam NFT games and projects too so always be aware on that matter.
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