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381  Alternate cryptocurrencies / Altcoin Discussion / Re: Is There Any Reality Behind Hash Tag Altcoinseason or it's Just a Myth? on: September 27, 2022, 09:45:28 AM

Is it right to say that altseason depends on bitcoin ?
                
For years that I'm into this market, I can say that altcoins really depends on the trend of Bitcoin.
Have you seen the recent update with ETH? that was a good update right and yet the price dump why? because Bitcoin is down and altcoins can't pump that much as long as Bitcoin is down. We can take this as our guide every time we buy altcoins, though of course this a case to case basis and you still need to consider other indicators it doesn't meant that Bitcoin pumps, all altcoins will pump too, you should still need to choose the best one.
382  Local / Pamilihan / Re: Binance acquiring PH firm to secure VASP & EMI licenses on: September 27, 2022, 09:36:12 AM
Madami kasing matatamaan na local company na same industry ang Binance dito sa atin kaya sure ako na madaming magcocomplain sa license nila since madami pa dn talaga ang tutol sa paggamit ng cryptocurrency dito sa bansa lalo ang Binance na kilalang pinaka malaking crypto exchange sa mundo. Sana talaga ay magkaroon sila ng license sa term ni BBM para di na hassle magconnect ng bank account sa binance.
Kaya ito ang dahilan kung bakit nagkaroon ng issue si Binance kase may isang group na nagrecommend to ban Binance, nakikita na talaga yung threat ni Binance sa mga negosyo nila.

This is a good move for Binance to get a company that can work for them and with a legit license. Malaki na ang naitulong ng Binance sa atin and pagnatuloy pa ito, panigurado mas maraming Pinoy pa ang mahihikayat nila maginvest sa cryptocurrency at syempre mahihikayat na aralin ang crypto. Let's see kung may tututol dito, pero for sure meron talaga.
383  Economy / Gambling discussion / Re: Parents And Their Children In Gambling.. on: September 27, 2022, 09:27:03 AM
What do you make out of this story, should we really allow our children to live such a lifestyle like gambling and night clubbing, most especially, when they are still under aged?

Let's discuss about this..

This is the problem if we have too much money and not a good example to our own children. We should not blame the kids here rather blame the parents for exposing those kind into this kind of activities at a younger age. I'm not sure about if its more about their culture but I guess, if you have that amount of money and you didn't work on that at all it's easy to spend it. I know MJ already learned the lesson and now aiming for a more profitable investments, this incident happened years ago and that could be the biggest why they choose to be better.
384  Economy / Economics / Re: Inflation is a creeping beast on: September 26, 2022, 11:09:42 PM
Decentralized money seems not be to a good solution to beat inflation, it’s not just about printing money it is based on many economic factors. Inflation can’t be stop by any country, it can slowdown but eventually the cost of living will continue to spike. We have to deal with this, and the only way to beat inflation is to make good investment that can outsmart inflation rate, manage your cash wisely and avoid unnecessary expenses because right now, we might deal with the recession as well soon.
385  Economy / Trading Discussion / Re: WHAT DID YOU STUDY? WHAT DID YOU LEARN? on: September 26, 2022, 10:54:52 PM
Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto

What stops us the most from becoming master traders?
Time and commitment, many are too busy dealing with their everyday challenges and since in cryptomarket and in trading there’s no assurance of making money, many can’t still afford to focus on this and that’s why many are still not capable to trade that much even if they have a good educational background.

Well, having that background can be a good advantage towards this market, you can still learn little by little until you master trading, there should be no rush here since it will always take time.
386  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you invest in micro cap altcoins? on: September 26, 2022, 10:42:19 PM
These altcoins with a micro cap have a great risk. If you do not know what to do, you may encounter some profits, but at the same time the price may fall to near-zero areas, so I advise you to risk only a small part of the capital, I also advise you not to keep it In the long term, it is better to do short and medium deals.
Small tokens are too risky to hold for long term, this is not advisable. I used to buy meme tokens before and follow the hype but since it drops that much and there’s no hype anymore I stop buying small tokens. I can say you can only make money here if you bought early, but if you ride at the peak most probably you’ll get trap on that. Small tokens tend to be a scam project as well so be careful with those small tokens, not all is worth the risk.
387  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: September 26, 2022, 10:16:38 PM
I've seen now another shitty rule from the PBA that a guest team is only eligible to be awarded for the championship.
But the players, are not eligible for any individual awards. Well, what's with this rule from them. Aren't they going to recognize how good Powell is or if Liu is going to be part of it?
They really are out of this world, they're already expecting Dragons to be champs and they're stopping the awards that the players of it could be eligible for. Okay, Kume is even already talking about the next conference even this conference has just started.
This is not a good way to invite foreign team and yet we will not recognize how good they are, well this might be on their contract which I still is out of our control. Though in PVL last conference they awarded the guest team with an individual award probably to give respect and thanks for their exceptional talent. PBA should review this one if they want to get more foreign teams in the future, this is a competition and the guess team should also be rewarded for what they deserve.
I don't get it too! they are playing for the whole conference so they should be rewarded/awarded to the effort that they've done, it will be a big challenge to our locals to perform well as the individual awards can be taken by the visiting team, I don't know why PBA dictate that only the team award can be taken but not the individual, maybe it's better for the league facilitators especially the commissioner to review this rules and be appreciative with how the foreign team dedicate their time to join the league.
It looks like PBA is not acknowledging the talent of those individual players who are showing great sportsmanship right not. PBA is a real mess here, even on other countries they appreciate foreign teams for being here, I wonder why PBA is not doing it. Dragon Bay Area should continue to play well and prove that they are good, this is not an individual game though but still there is something wrong with the rules and the system.
388  Economy / Gambling discussion / Re: Gambling and Reputation on: September 26, 2022, 09:58:57 PM
You're a professional like a lawyer or a teacher in a respected university, will it harm your reputation if people around you or your students discover that you are into gambling, you're not really a compulsive gambler but gamble for entertainment, how will you explain this to people around you or will you explain to protect your reputation or just ignore them.
There’s no need to share to others if you are just playing occasionally, though if you caught playing with your students or co-employee, just ignore it as long as is it not against the rules of the university or a company you are dealing with. Gambling is not bad as long as you are still in control, you can also educate those students about gambling and the risk of it, I don’t think this can harm your reputation because it will still depend on how you handle this situation, so take it professionally.
389  Economy / Gambling discussion / Re: About Online casino/gambling projects on: September 26, 2022, 09:45:53 PM
I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?
I've seen hundreds of them and from that a lot, only a few projects which you can count with your hands have remained or even less than that. If the interest you've got is about the tokens and its use case for being used in a casino, that's a lot of work to do and it's not easy based from what I saw from those projects before.
Not all site have their own token for their gambling site and I believe this is the reason why the top gambling site is still here simply because they didn’t focus in other things instead they focus on making the platform better by accepting many crypto as much as possible as preferred by many site. I’ve been with stake for years already and I can say that this is one of the old yet best site to bet with. Don’t look for small site OP, they are usually the one that turns into a scam.
390  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum drop gets me worried. on: September 25, 2022, 11:55:02 PM
I'm not expecting too much in the merge, people know what might happen and everyone seems to expect that prices will soar up. I have some ethereum right now but I honestly don't expect too much in the merge to affect the ETH price immediatly, Just like bitcoin halving, the effect might come sooner or later. I'm also holding my ETH for the future, selling at low price will be an immediate loss.
This should be the thinking of many, I don’t know why many are expecting that much where it fact, we cannot see the result of the merge days after that, it usually take time. With the current situation of market we cannot expect ETH to rise, let’s just see this price level as an opportunity to accumulate because ETH is still a good coin and it will pump once the market enters the bull market, for now let’s wait for that patiently.
391  Economy / Trading Discussion / Re: Crypto agents on the increase on: September 25, 2022, 11:46:01 PM
The rate of scams is on the increase lately, and I have been seeing a lot of cryptocurrency investment platforms that look so shady and just a close look will expose their scam but yet gullible and greedy people still fall for them.

The best way to stay off scams is to be vigilant and never to be too greedy, crypto scam is not new but yet scammers always employ new tactics to lure their potential victims.
They will continue to increase and adopt changes in this market, scammers will not leave the market as long as they make money here. Whatever their strategy is we should always take cautious every time we trade with the new tokens. If in doubt you can ask here in the forum about the project you wanted to invest with, take your time to decide and never jump in just because of the hype. Many got victim because of being careless, we can avoid this.
392  Economy / Gambling discussion / Re: My worst day in gambling on: September 25, 2022, 11:20:00 PM
There’s a lot of student nowadays got involve early in gambling and this is bad since most of the site didn’t allow underage and yet many still able to access the site. Your story OP is very common, not the worst story but that’s an early sign of addiction. Now bigger problem was created and it will be hard to look for that money in an instant. I do have my personal story of losing big money but not to the extent that I’ll be using some funds for my family and personal needs, this is something I can’t afford to do at all.
393  Alternate cryptocurrencies / Altcoin Discussion / Re: A meme coin called baby doge worth this risk? on: September 25, 2022, 10:55:44 PM
I think if the trend of meme coin is already fading, I see no real valid reasoning as to why you should invest in meme coins anymore, these coins are nothing more than clone of the existing coins like shib but with less community and innovation, I think you should just leave meme coins right now, there's smaller potential in it meaning smaller chance of you making tremendous returns like it was in the past, after all these clones of shib could hardly ever achieve the same feat in the long term.
Probably he is thinking for an easy profit just like what happened on many meme tokens before, well that was before and I agree that there is no hype anymore. Why buy meme token if they have no real usage in the market? This is not worth it and I suggest to OP to think again before buying. On this bear market we should only buy good coins, they are the one who can survive in bear market and still give you profit. Think and analyze properly before you investment, hype is not good at all.
394  Other / Politics & Society / Re: The economic danger of China and Taiwan war on: September 25, 2022, 10:46:27 PM
I don't know why USA is always at the forefront when there is a war related issue
The USA has killed so many national solder and have taken so many innocent lives of the people - now this is another war looming - God have mercy on us.
There a reason behind this, USA will not spend a lot of money if they will gain nothing from this.
They have been the strongest country that many countries rely to in return of something, and with this most probably Taiwan will play bigger role for USA and that’s why they will do everything to protect it. Now, with a clear statement from USA, it looks like China wont go for a war because they can’t also afford to have this, they are also struggling economically and with the possible sanctions, they might suffer more.
395  Economy / Gambling discussion / Re: Gacha Game on: September 24, 2022, 11:45:18 PM

I was once got hooked in a game that has Gacha in it.  And it is really hard to get the premium item, mostly you get trash items that has no value in-game at all.

Every Gacha game will be pretty much hard to get those premium items and even heroes, well some will surely need special coins to be unlucky and needs a further amount of money to get, too have become addicted to wasting money because of the good rewards that have promised to be given but apparently those Items even if you have paid for the said diamonds you will need to play in on Gacha get, that is the most frustrating part in Gacha games you will expect something but that will not be given eventually,
It's a random item of course, but if you are lucky enough then you can receive premium items but not expect that much.
I've tried some of this before but yeah I was not able to get any good items and for me it's not a waste of money since you are playing that game and one of the thing that can satisfy you is to have good items, spending some money is fine just don't go over your budget and never force yourself to buy those gatcha if its out of budget. 
396  Alternate cryptocurrencies / Altcoin Discussion / Re: How to investigate and research new projects ? on: September 24, 2022, 11:29:19 PM
for example i came across this:
https://azimuth-finance.com/

while going through their website i cant see a lot of information on the usecase for this project, they only say:
$AZM-utility-token supporting Azimuth Finance ecosystem and also simplifying and improving platform operation. Token $AZM is used in Azimuth Finance stimulation model as a reward for online activity.  Huh

guidance appreciated...
You can join on their social group to ask more information, I usually look for the information on their Whitepaper, and roadmap. If the site is still incomplete then I would not invest on that project right away, I still need to look for more information and the only way to know that is to communicate with them. Most of them have their own telegram group where they discussed more about the project and future promotions, it's also good to join on their social account. Doing your research is a must, and you have to consider everything before buying, early investors might not be a thing now since the usual trend is that, early investors are losing money because it dumps right away the moment it get listed.
397  Local / Pilipinas / Re: Pulsuhan niyo naman ito: Boracay, binabalak na gawing Crypto-Island on: September 24, 2022, 11:20:57 PM
Ayun dito, isang cryptowallet company named "Pouch" ang nagbabalak gawing Bitcoin Island ang Boracay.
Sa parehong article, sabi dito na may 120 businesses na ang tumatanggap ng Bitcoin as a form of payment sa Isla.

I am not from Visayas, so baka naman po may makapagvalidate ng info na to. TIA

Since tourist spot ang Boracay most probably this is for the tourist so they can spend their cryptocurrency sa island which is magandang adoption talaga ito. Aside from this, mukang matutuloy ang pagtatayo ng Casino sa boracay so this can also boost the tourist sa Boracay Island.

Sana lang ay mapangalagaan paren nila ang isla kase super ganda sa lugar na ito, and if ever na totoo nga ito sana may proper regulation para maiwasan ang mga scammer at fake crypto, sapat na kaalaman den para sa mga small businesses kase baka maloko lang den sila at the end of the day.
398  Economy / Trading Discussion / Re: Binance trading activity is 13x larger than any other exchange on: September 24, 2022, 10:57:30 PM
...according to coinmarketcap the 24-hour volume has reached $24 billion,
this is a very fantastic number, compared to Coinbase which is only $2 billion.

Given the fact that the Coinmarketcap rating belongs to Binance, this is not surprising. But if these volumes are really real, then Binance is a monopolist, which negatively affects the cryptocurrency market. Nevertheless, despite the mandatory KYC, this exchange is really in the first place in terms of its functionality and security.
There's a lot of competition in the market, that is not monopoly it's just Binance is doing a great job and that's why they remain number one over all. In some country though you can notice that Binance is not the top option but still they manage to get good numbers from it. I can say that Binance did a very great job on their marketing and establishing their brand around the world. That's a real number for sure, and personally I still prefer Binance over other exchange.
399  Economy / Gambling discussion / Re: Can i get banned for Card Counting in online casinos? on: September 24, 2022, 10:41:58 PM
Here the question is, have you ever seen a user getting banned from an online casino for card counting?

To be clear, card counting isn't a method to always win, it's just a method to have better odds.
I haven't heard any news about the gamblers being banned on a specific site because of card counting, so probably this is ok.
Gamblers will always find a way or strategy to beat the house and that gambling site already anticipate it, so maybe they also have a system that can measure if you are doing card counting or not at all. If you want to be safe and want to protect your account at all cost, better not to try this or read the terms of service, if stated there that card counting is not acceptable, then stop doing that.
400  Alternate cryptocurrencies / Altcoin Discussion / Re: A good news or a bad news on: September 23, 2022, 11:14:45 PM
I read online that A US court have ordered USDT owner Tether to disclose the reserves backing its stable coin, this is the largest Stable coin in crypto space presently and this doesn't sound like a good news to me, is this the great crypto collapse in play or I am just think way too much? This freaks me out.
There's a lot of issues before with USDT, this might not be a good news because USDT will be in trouble again for paying huge fees if the court sees another irregularities on their platform. This can be good though if USDT will fully comply to be better on their service, this can benefit a lot and ensure many that USDT has a good amount of reserve that can compensate everyone if something bad happen with the platform. Don't panic though, let's just wait if they will cooperate or not.
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