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421  Economy / Speculation / Re: Was $25K the bottom? on: May 15, 2022, 11:14:38 PM
Hopefully yes, since the price is already at the level of $31k as of posting and there's a huge volume of buyers which can tell us that they are back and willing to buy BTC again. Well, for me if we are still not able to break the resistance level, then there's still a chance for the price to corrects which can be another opportunity to buy BTC. This is why I'm not panicking, since I have some money to buy at the bottom and I know that bottom won't last a week, whales are also waiting on that level.
422  Local / Altcoins (Pilipinas) / Re: Axie Infinity Philippine Thread on: May 15, 2022, 11:11:17 PM
<snip>
Sana nga nasa isip nila yan kasi sa whitepaper roadmap nila walang naka specific na burning mechanism (yung maayos) although merong mga articles to support it. Sana isipin nila yung mga sumusuporta  pa rin sa laro kahit na nagsibabaan na ang lahat, kailangan nila nga tokenomics expert dahil hindi talaga maayos yung desinyo ng mga tokens nila.
Sa Origin meron silang mga burning mechanism, gaya nung mga potion potion ba yun. Mga buy-in sa game para magkaron ka ng advantage sa kalaban. Maganda yung actually, siguro isa sa mga effect nito is mas mababang kita para sa mga axie player. Though di naman yun yung main point kung bakit maglalaro ng axie.
More burning mechanism lang talaga at less minting.

Ang tanong parin diyan is mag aavail parin kaya ang mga players at mag burn ng slp nila? Sana nga oo at patuloy pa rin interest ng mga tao dito dahil kung hindi walang silbi ang burning mechanism kung karamihan sa mga tao ay naghihintay lamang na mag pump presyo ni slp at mag dump.

Pero gaya ng dati tiwala parin kailangan nating gawin dahil ito lang muna tangi nating magagawa sa ngayon.
Marame na ang update na nangyare pero sa totoo lang wala paren talagang result ito sa presyo nya ngayon at mukang unti unti nang nawawalan ng interest ang mga dating players panigurado ang karamihan sa kanila ay nagaantay nalang na tumaas ulit ang presyo ni SLP or AXS para makapag exit na sila.

Well, good updates naman ang mga nangyare, sana lang talaga ay maganda ang maging epekto nito in the long run, kapit paren ako hanggang ngayon.
423  Economy / Economics / Re: Buy? . . . Nah, hang on a minute. on: May 15, 2022, 10:56:49 PM
The best ideal is to sell at 5x,10X profit on shit/meme coins to the buying price but current market conditions are not so conducive for price hike. So Bitcoin, ETH and very few other remain the only promising coins to tend to.
There's still money with those shitcoins, you just need to have a perfect timing but if you are going to invest for long term purposes always go for the top choice even if you don't no much of the analysis, you can have the assurance that those top coins will be good once the market pumps again. The recovery of many tokens are quiet hard especially if the project is totally failed, but as long as the developer is not giving up yet most probably there's still a good solution.
424  Alternate cryptocurrencies / Altcoin Discussion / Re: Luna Crashed! on: May 15, 2022, 10:50:20 PM
the total supply of luna already inflated so much, regaining its former price would be such a difficult thing to do unless it could somehow surpass the market capitalization of bitcoin, even their proposal of creating new altcoin based from their luna snapshot could also hardly bring any success since lets be frank, here, how many of you gonna trusts a founder of coin that went literally from hundreds of dollars to zero in just a matter of a day, I bet so many of you gonna be careful in investing into such altcoin coming from the same founder.
I think luna is pretty much done for.

I've heard a lot of rumors about the burning system of LUNA, I'm not pretty sure about this one but I'm remain hopeful since I was able to buy at the bottom and still have some profit as of the moment. If LUNA are able to burn huge number of their supplies and this revival plan becomes a successful, there's a chance for at least a $1 with LUNA, maybe before the year end especially if the whole cryptomarket recovers.
425  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Terra Luna Delisting from Binance, investors lose millions of dollars! on: May 15, 2022, 10:31:37 PM
I think the trust of Terra Luna have been lost on the public and if it do make recovery , the weak hodlers will dump to recover the investment made or close to it. If CZ and the Luna team have plans to relist the coin you know a compromise is somewhere around. Now selling @0.0002 is such a low price, I hope it can come back from this fall.
There's a big trust issues already with LUNA and their current plan to revive this projects looks not ok to some investors. As a small time buyer like me, I think it is still good to have some LUNA because there's still a chance for them to rise and I believe  CZ will help them on this and possible will give more advices so they can rise again. The coming days will be more crucial for LUNA and let's see if they can recover from this or will declare a bankrupt later on. 
426  Economy / Gambling discussion / Re: Eastern Conference Finals (Heat vs Bucks/Celtics) on: May 15, 2022, 10:21:20 PM
Just in, Celtics dethroned the defending champion and will advance to the Easter Conference Finals.
What a winning statement from Celtics for the delight of the crowd. 28 points lead is really big, it looks like Bucks already give up and stop playing. Well it will be Heat vs Celtics this will be a hard one for Celtics but who knows, they might have the good shot here.
427  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: May 15, 2022, 10:16:24 PM
I believe the online cockfighting started because they are finding a way to still continue doing operations in the midst of the pandemic. And I am still in doubt that this would be stopped successfully. I have heard that the current administration is not so clean with regards to its intentions, and that many government officials are also involved or behind such cockpit hubs. At the end of the day, it would depend on the citizens if they will still continue to support such activity.

Online cockfighting in the Philippines has been giving a lot of revenues and big income for the country, but recently worst cases have been reported that made it more controversial. But i don't agree on banning this, even if i'm not into cockfighting but i do think that in events like this, the government can resort into  putting more restrictions on cockfighting, and banning it totally is not the solution. In the first place, the gamblers themselves should also be responsible enough to set limitations so they can control their losses.
Gamblers are too emotional and that is why most of them fall on the trap and become more greedy which is very risky and banning online cockfighting might be the best solution even if the government will lose big money here. Those incidents are not just part of this, that is the result of being greedy of many and taking others lives just because of gambling is not good at all. Traditional cockfighting will still be here, and that is a good alternative if you still want to bet on cockfighting.
428  Economy / Trading Discussion / Re: Crypto signals without service fees on: May 15, 2022, 10:13:20 PM
Even if its free, I wont trust any trading signal because I know its risky and its better if you know how to trade on your own.
This market is full of risk, you are just increasing that risk the moment you trust any trading signal, again to all the newbies here better to start learning on your own and make money through your own analysis, I'm telling you this is more worth it.
429  Alternate cryptocurrencies / Altcoin Discussion / Re: Terra Ecosystem Revival Plan - Luna V2 WHAT DO YOU THINK? on: May 15, 2022, 10:03:26 PM
As long as there’s a plan I think its good, this might be their first step to try the recovery and of course wont be the last so let’s give them a chance and hope for the best. I bought at a cheaper price, I’m not expecting that much and I just need to wait for the execution of the plan and whatever the result is, I will hold for now.
That's true even if its too impossible to recover the whole project they should still try it because they believe on that system in the first place and I hope this one will work but we don't know if this can attract new investors or not. I'm not holding that much of LUNA, I just try to ride with the hype for just $20 because who knows, LUNA might get back to a $1 value and if that happens for sure I made a lot of profit from that so I will support every revival plan of this project.  Cheesy
430  Economy / Trading Discussion / Re: Trading Emotions on: May 14, 2022, 11:30:49 PM
I would say that emotions during work are an extremely difficult detail. Do not forget that under the influence of emotions, you can make not the right decisions.
Depends on the emotion I believe, but if its more about greediness without having any analysis then that is the one to lead you on a bigger losses. If you do have plans and strategies better to stick with it always and don't follow your emotion that much because it can bring bad luck to you which is bad at all. Trading with negative emotions are next to your bigger losses, that's risky and you should not do that if you want to save your money and have profit.
431  Economy / Gambling discussion / Re: Eastern Conference Finals (Heat vs Bucks/Celtics) on: May 14, 2022, 11:26:32 PM

Milwaukee Bucks and Boston Celtics are a pain in the ass for me regarding betting. Cheesy
That's true, I really thought game 6 will be in favor to Bucks unfortunately it was not and I lose my bet.
This time, its hard again to place a bet because the defending champion is at risk on losing the chance to defend their title. Miami can still speculate their possible opponent so they can create good strategy, the ECF are more intense for me compare to WCF.  Grin
432  Alternate cryptocurrencies / Altcoin Discussion / Re: Luna holders will get new token. on: May 14, 2022, 10:40:50 PM
We all should just face the fact LUNA has misstep in their journey, it would take a while to see them back aftermath of losing so much of their prominent investors. It just doesn't look reputable anymore.
Despite of its current hype, I also believe that LUNA already failed but of course there's still a chance for them as long as there's still a buyer that believes on them, they can still survive in the coming years if they remain active. LUNA was a great one, this is unexpected event for them. We should learn from this, any project are possible to have a scenario like this, but since LUNA is very problematic, the drop is very fast for them. $1 with LUNA seems impossible right now, I wonder what will be there solution on this problem.
433  Economy / Economics / Re: Taking loan during high inflation? on: May 14, 2022, 10:26:16 PM
Have a loan if there's a guarantee that you can earn money from that investment but if there's no guarantee I believe its too risky but having loan is still possible, just make sure you can pay that loan even if you didn't make profit on that investment. The market is very cheap right now, and I'd better choose to use my savings in the bank to invest it than to having a loan because the interest is really high and of course that is your not money after all and you might fall on a big debt trap.
434  Local / Altcoins (Pilipinas) / Re: What Happen to Terra(Luna)? Malaki Ba Nawala Sa Inyo? on: May 14, 2022, 10:11:43 PM
Despite of what happened on this coin, maswerte paren talaga yung iba na magkaroon ng profit in just a short period of time.
I have my friend who ears six digits already because of the recent pump, di naten talaga masasabe kung kelan tayo sweswertehin pero kung ready ka naman sa risk na possible mong kaharapin then why not. There's still a hope for LUNA to rise again, baka ito na ang pagkakataon mo makasakay sa bottom price pero syempre need mo paren magingat. Bumagsak ang LUNA for a reason, they failed on this but right now they are trying to rise again, it looks possible pero its better to be realistic now than to say regret later on.
435  Economy / Gambling discussion / Re: Ever thought of doing your thesis on Gambling ? on: May 13, 2022, 11:06:03 PM
I’ve heard one as well but it only tackles a little portion about gambling. I believe its good to have topic on specific games in gambling, by this you can give more information about it especially the pros and cons. Its good to see students getting more interested in gambling but of course to learn first before trying. If you’re into gambling, reading this thesis can be a big help.
436  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: What can be done in this situation? on: May 13, 2022, 10:53:51 PM
If you think the bounty manager is not active anymore better not to participate and go for a new bounty which is way better that can actually pay for your work if ever. You can also report that manager and make a flag against the project itself, because its also their responsibility to make sure that the bounty is being managed by a great manager.
437  Economy / Economics / Re: Homes in 97% of U.S. cities are overvalued, Moody's says on: May 13, 2022, 10:07:20 PM
If there’s another bubble with real estate, that could be another reason for the market recession and if this numbers are correct, US is really on a big trouble with their economy aside from the rising inflation, this is going to burst that could hurt many countries as well. Imagine if the properties are overprice and no buyers anymore, that could be the start of a big drop again.
438  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Terra Luna bringing the whole market down? on: May 12, 2022, 11:15:52 PM
You know what's scary?
TRON and ADA are working on new algorithmic stable coins. Previously we had one and look what it's done, what will happen if we have double trouble? These new projects will have a serious reputation to build up, and whoever attacked UST won't sleep on new algo stables.
Also TETHER shows some drop as well, which supposed to be the stable coin yet its moving as well, this might be the scariest scenario in the market where most of the stable coins are dropping, so I hope no more drop like this because for sure, it can affect the whole market. Bitcoin goes below $30k again, that could be the signal of a long bear market, I hope I'm wrong because many can't really afford to see another long bear.
439  Alternate cryptocurrencies / Altcoin Discussion / Re: what will happen to LUNA? on: May 12, 2022, 11:05:13 PM
What are your thoughts on LUNA? What will happen in the next 24 hours? Will it go to 0 or up?
Miracle can only save this coin, I don't know if this is already abandoned by its developer but its on worst situation right now and there's a lot of mad investors because of this most probably LUNA will not rise for more Months, hard to tell but for me its better to get away from this so called stable coin because its not safe anymore. Better for LUNA to declare bankruptcy, at least that can be a good exit for them but with a bad reputation that will last for the history of cryptocurrency.
440  Economy / Speculation / Re: Don’t rush to buy Bitcoin on: May 12, 2022, 10:46:43 PM
Patience and stay away from leverage….
This can be a big help to protect your money and of course to give you a chance to have Bitcoin at a cheaper price.
Right now, the price is still down there might be no assurance for another drop but based on its chart and its volume, I guess the price is still not bound for any rise as of the moment so technically the volume is still weak for the buyers and the sellers are still dominating the BTC market, if this continues the price will surely drop again and that is the best time to buy.
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