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4181  Economy / Gambling discussion / Re: Can crypto gambling be provably fair to regulators? on: April 03, 2020, 11:40:43 AM
For land casinos, they are required to do all these checklists https://gaming.nv.gov/index.aspx?page=62, but it's not "provably fair" like what we see in online casinos. With the same logic, online casinos may have to do strict auditing similar to it, which is ugly, and after all the hassle, it's not provably fair per se since auditing stuff can be gamed, just like the Enron case.
4182  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: April 03, 2020, 11:16:33 AM
Next season, or should I say when the higher-ups restart the competition, will be different than previous years. The clubs have seen their revenue drop: https://en.as.com/en/2020/03/30/football/1585563951_163078.html, meaning they won't have much cash to spend.

Meanwhile, the small clubs will struggle financially and need to sell their players... What do you think guys?
4183  Local / Altcoins (Bahasa Indonesia) / Re: ASK on: April 02, 2020, 04:11:43 PM
Sudah umumnya kalau banyak yang menyarankan bagi pemula untuk investasi pada top 5 CMC tapi bagian yang saya juga kurang setuju kalau ada intonasi penekanannya yang seolah terkesan "memaksa", menginvestasi tanpa adanya pengetahuan tentang analisa pasar maka resikonya juga besar apalagi bagi pemula makanya setelah di sarankan coin apa saja yang cocok di investasikan dalam keadaan pasar saat ini juga di berikan pengetahuan analisa sederhana bagi pemula untuk menyakinkan bahwa adanya potensi coin tersebut akan mengalami kenaikan dalam jangka waktu tertentu
Memang ga ada yang aman kecuali invest di USDT dan sejenisnya Grin *Itu juga paling cuma aman dari volatilitas kripto, tidak aman dari volatilitas USD dan risiko bisnis emiten
Masalahnya kompleks juga sih kalau nanti menjelaskan kenapa kok pilih top-5/top-10, mungkin karena itu orang-orang cari gampangnya saja.

Kalau ane sih misalnya ditanya saran investasi di dunia nyata akan ane jawab kalau ada waktu luang, tapi kalau sibuk ya jawab saja "GAK TAHU" itu mungkin lebih baik daripada memberikan jawaban "invest di top-x dulu."
4184  Local / Altcoins (Bahasa Indonesia) / Re: Memilih Portfolio Cryoto on: April 02, 2020, 04:03:41 PM
Kirain ngejelasin tentang milih portfolio, alias milih koin dan proporsi (%) - nya. Ternyata milih APLIKASI TRACKER.
Biar lebih akurat mending langsung install saja apps dari exchange yang agan pakai karena kadang harga dari CMC, CoinGecko, dan Blockfolio beda dengan exchange yang agan pakai.
4185  Economy / Economics / Re: The Economy around the world will be very bad in April to May 2020!!! on: April 02, 2020, 03:44:51 PM
The global economy in April-May will be bad, but it will worsen in the following months if we keep this social distancing for a long time, or should I say it is just the beginning of a recession.

Social distancing is a temporary means to lessen the virus spread; that's why we heard only two weeks to one month. After that, IMO we should open the economy but DWYOR, use your protective gear if you want to go outside. There are no other solutions that I can think of.
4186  Alternate cryptocurrencies / Altcoin Discussion / Re: CoronaCoin More drama, third exit scam and discord deleted on: April 02, 2020, 03:30:22 PM
Honestly I will appreciate if someone concern citizen here can provide a list here of all projects that launched platform or any ICO connected to corona. By this, we can warn more people from potential scam.
We did it https://bitcointalk.org/index.php?topic=5235902.0 , all corona related scams are there, including VaccinaCoin lol
People just didn't take enough time to browse on this forum...
4187  Alternate cryptocurrencies / Altcoin Discussion / Re: CoronaCoin More drama, third exit scam and discord deleted on: April 02, 2020, 12:46:12 PM
Isn't it an obvious scam (or joke)? I wonder who will invest in such a coin?
Anyway, I think this community did a great job with scam accusations and stuff. We need to "protect" newbies from apparent scams so that crypto can be mainstream.
4188  Economy / Speculation / Re: Halving, who's closest with actual Nrs TAKE A CHANCE on the LIST !!! on: April 02, 2020, 12:31:30 PM
Who's the winner? dothebeats? lol, lucky bast*rd Grin
Congratulations mate! And thanks to El duderino_ (it's mic right?) for this contest.

Never come to my mind that we will have this virus ruining our life. Guys, stay safe and keep washing your dirty hands!
4189  Local / Bahasa Indonesia (Indonesian) / Re: COVID 19 dan Resesi 2020 on: April 02, 2020, 12:19:54 PM
Oiya, saya baca2 kalau resesi ini bisa menyebabkan deflasi ataupun sebaliknya inflasi. Nah kalau dengan situasi pandemi yang seperti ini, akibatnya akan cenderung ke deflasi atau inflasi?
Ya tergantung respon pemerintah (central bank) ketika terjadi krisis. Dalam ekonomi kan ada istilah ceteris paribus yang artinya agan hanya melihat satu variabel dalam satu waktu, dan menganggap yang lain tetap alias tidak berpengaruh.

Ekonomi tu kek main layangan, kalau terlalu kendor gak terbang, terlalu kencang bisa putus. Makanya ada istilah kebijakan moneter ketat dan longgar.

Tapi setelah great depression di AS, pakar ekonomi mainstream menganggap kalau deflasi itu buruk, jadi sebelum deflasi pasti digelontor duit biar inflasi lagi walaupun tifis.
https://www.investopedia.com/articles/personal-finance/030915/why-deflation-bad-economy.asp

Inflasi itu bagus kata mereka, yang ditakutkan adalah hiperinflasi.
4190  Economy / Economics / Re: Report: More Than 50% of the Worlds Banks May Be Too Weak To Survive A Recession on: April 02, 2020, 12:03:50 PM
However, now we have the opportunity to observe for the first time how Bitcoin and other decentralized cryptocurrencies will behave when the global economic crisis sets in. It is assumed that Bitcoin appeared after the previous economic crisis of 2008 as an alternative to existing traditional payment systems, namely, as an inflation-free currency. It seems to me that we cannot avoid a very tough economic crisis, and therefore we will have such an opportunity.
Yes, this is an opportunity for Bitcoin to prove to the masses that it can survive the crisis. However, I don't think that the price will increase, more likely follows any other investment instruments, like gold, stocks, etc.

The government will bail out banks if they face bankruptcy, but what will happen to Bitcoin? What will happen to the miners? Maybe we can answer these questions this year.
4191  Economy / Gambling discussion / Re: Gambling Business That Survives when a Crisis on: April 01, 2020, 04:27:41 PM
^^ Major E-Sport tournaments will still gather a lot of people in a closed building because it often accompanied by a tech/gaming exhibition. It is an event to promote gaming gears, etc., so they won't organize a big tournament without crowds.

Anyway, for sure, land casinos getting hit very bad, but the big players will survive. The survivability will depend on their ability to pay current liabilities (see current or quick ratio). It also applies to online casinos. However, if this pandemic lasts for years, we may see many changes in society. Maybe online gambling will be the new normal.
4192  Economy / Gambling / Re: 🎲EarnBet.io - The First Player-Owned Casino 🎲Provably Fair 🎲BTC ₿ on: April 01, 2020, 04:01:51 PM
+1 I know that feel, lol

First of all, they are actually operating on both EOS and WAX (so they never actually left). EOS accounts still work fine.
Yea, but BET token is now WAX token right?

Second: WAX gives them great and fast transactions at a fraction of the costs. But actually I don't even care so much about that. The main point is not a single REAL gambler cares about what back-end a casino works on, as long as it works.
This argument is compelling if there is no BET token, and the crypto community is blockchain agnostic. After the migration, I believe many users think that BET token is a WAX token, therefore not worth investing.

The team needs to educate the masses at this point, which is difficult.

Now that the hype has settled only the real players are left. From this point EarnBet has to build real volume that is not based on hype.
Similar to this view, I think BET token is not sexy anymore, with the price drop and stuff mentioned above. I think this casino needs a unique game to attract new users. I mean, I know the existing games were underrated, but they need something unique/special.
4193  Economy / Economics / Re: What China is hiding from us and are they doing it to save their economy? on: April 01, 2020, 03:35:44 PM
Conspiracy theories aside, one thing we know for sure is China hasn't been including asymptomatic cases in its confirmed totals. The CDC currently thinks asymptomatic cases represent up to 25% of all cases. Some models say even more.

The Chinese government announced that starting today they would include asymptomatic cases in the official count: https://www.cnn.com/2020/03/31/asia/china-asymptomatic-coronavirus-cases/index.html
WTF, so they have been cheating all this time... No wonder the data is so abnormal. If they can do this kind of manipulation, maybe they even did the test only for patients with symptoms. This incompetence could cause so many carriers have been roaming freely on the streets.
4194  Local / Bahasa Indonesia (Indonesian) / Re: COVID 19 dan Resesi 2020 on: April 01, 2020, 10:42:43 AM
Sebenarnya Pasar Saham Bisa Dijadikan Patokan Yang Cukup Akurat Untuk Ekonomi Suatu Negara. Ketika Resesi, Masyarakat Cenderung MenJual Saham Mereka, Dan Lebih Memilih Menggunakan Uangnya Untuk Konsumsi atau Investasi Berupa Barang Lain Yang Lebih Stabil(Emas). Karena Banyak Yang Jual Maka Harga Saham Bakal Turun.
Ini juga bahasan yang sampai sekarang masih terus diulik, tentang hubungan bursa saham dan perekonomian (ekonomi makro).

Quote
Konsisten dengan temuan AS dan Jepang, perubahan suku bunga riil mempengaruhi pengembalian saham dan inflasi, dan pasar saham merespons secara akurat terhadap perubahan harga minyak. Di sisi lain, pasar saham menunjukkan respons yang tertunda terhadap perubahan aktivitas riil domestik.

...

kita belajar bahwa perubahan dalam produksi industri dalam negeri menjelaskan proporsi yang signifikan (sekitar 8%) dari varian pengembalian saham riil. Sekali lagi, data kami menunjukkan bahwa pasar saham Norwegia menghasilkan respons yang tertunda terhadap perubahan dalam aktivitas nyata, alih-alih memberi sinyal perubahan tersebut.
Digoogle-translate dari Gjerde & Sættem (1999)
https://sci-hub.tw/10.1016/s1042-4431%2898%2900036-5

Tahun 1999 yang terjadi di pasar Norwegia malah lagging effect, bukan leading effect. Padahal kalau dilogika harusnya harga saham merespon lebih cepat terhadap berita, misalnya pandemik, baru kemudian produksi riil-nya turun. Nah coba agan selikidi saja apakah produksi riil industri di Indon sudah turun (misalnya di 2019), baru kemudian harga sahamnya turun di 2020? Apakah setelah mendapat data produksi riil, saham akan longsor lebih jauh lagi? Bagaimana pasar saham bereaksi terhadap force majeure?
4195  Economy / Economics / Re: What China is hiding from us and are they doing it to save their economy? on: April 01, 2020, 09:52:23 AM
I have heard about the Chernobyl incident and I haven't watched series yet but I will watch soon.
It's a different case, Chernobyl was a nuclear reactor failure.

they hid real number because they don"t wants their people fear it and to save there economy from dropping now they are making money while other countries in lockdown.
I think it's more to save their asses from sanctions and UN intervention (about closing their wild animal markets).

It may not be a conspiracy but it can surely be a fuck-up while exploring about some sort of strategic advantage from bio-attacks.
But scientists have predicted this event would occur. We can find a lot of SARS 1.0 paper stating similar statements.

What we learn is that:
- China didn't learn from SARS 1.0;
- China didn't take the SARS 2.0 seriously;
- China doesn't want to take responsibility.

I don't think there is financial benefit on top of this pandemic, since all markets are connected.
4196  Economy / Economics / Re: Will the government understand? on: March 31, 2020, 12:04:53 PM
The government is always wrong, that is because of HINDSIGHT BIAS
https://www.investopedia.com/terms/h/hindsight-bias.asp

Let's say at the time Wuhan faced the epidemic, governments then closed all the borders, so there would be no pandemic like today. The haters would say that the government is overreacting, causing damage to the healthy economy, etc. Come on, man!

This crisis will end for sure, and don't underestimate the power of entrepreneurs. They will move the economy forward. Fixing the economy is very doable, but raising people from death is impossible.
4197  Economy / Gambling discussion / Re: Can crypto gambling be provably fair to regulators? on: March 31, 2020, 11:45:10 AM
A few ideas:
- The government manages server seed hash;
- Use future block hash, for example Bitcoin block hash (only applicable for some games);
- Compliance with KYC and AML (regulated).

Well, if we talking about regulators, the outcome won't be fun.
4198  Economy / Gambling discussion / Re: Ways to recover from being addicted in gambling. on: March 31, 2020, 11:28:12 AM
But we need to have a control! Without control chances to become an addict are higher. Having control doesn't mean that you gamble
just couple hours weekly, it means you have a control over your wallet and your needs, you know how much you have and how many you
can spend for specific need. When you have a control you will not allow yourself to get into a problem, you will prevent that in the beginning.
The idea about that statement is that often people didn't realize they already became a gambling addict. They think they are "in control," but in fact, the urge already controlled them. I understand that self-control is important; however, don't be overconfident. Check it periodically since perhaps last month, you were still in control, but today you are not.

But it seems we need an amount of money to get this book. 46,00 € for eBook and 57,19 € for softcover.
You could always search the pirated free version of it. It's there somewhere on the internet lol.
4199  Economy / Economics / Re: Corona has killed economy of many businesses on: March 31, 2020, 11:15:46 AM
I can agree with you, even the time when the are still the leading on the number of cases, their economy did not fall, but now it's the rest of the world who are experiencing this crisis, our economy falls and China remains the most stable economy in the world now in this global crisis.
How?
If no one buys products "made in China," how they can stabilize their economy? Their businesses got struck as well, but no one dares to bitch about it.

Also, China "funds" US https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124. If I lend you money, I won't hope that you go bankrupt, especially if you can send me to the hospital easily if I dare to ask for payment.
4200  Economy / Economics / Re: What China is hiding from us and are they doing it to save their economy? on: March 31, 2020, 10:59:59 AM
If we talk about the data from China, I would say it is questionable because even South Korea (+125) --a country that has equal experience dealing with SARS 1.0-- reported more new infected patients than China (+79). https://www.worldometers.info/coronavirus/

However, It doesn't mean it is some kind of conspiracy. More likely because they just didn't do enough testing.
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