It is hard to say whether debt is less risky
Well, it is a mainstream consensus, see topics about the cost of debt vs cost of equity. When the borrower defaults, his debt usually gets written off as that seems to be the whole idea behind a default. Indeed, you can come after the borrower's property or whatever, but typically a default means exactly the opposite, i.e. you can't do anything anymore in legal terms (read, you have to bite the bullet and kiss goodbye to your shekels).
I don't know about your local law, mate. AFAIK, the lender still can seize the collateral in the event of default. Even if there is no collateral, a bankrupt company usually still has some fixed assets that can be sold; therefore, debt holders are entitled to it.
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FYI for those of you who hate interest rate, I'll give some background why it exists. There are basically two options if you want to raise money: *1 Debt *2 Equity
These two are different in nature, with debt you lend the money with the hope of getting the same value of money (at the due date). With equity, you invest the money and buy the portion of the share, basically a profit-sharing scheme. Hence, debt is less risky because if the borrower defaults, the lender can still demand his money back. However, equity is more rewarding if you invest in a unicorn.
Imagine you have idle $10,000 and an entrepreneur wants to use your idle money. He can choose to use debt or equity mechanisms. He free to chose the one he like. * He may prefer $10,000 debt than to give his equity to you since he is a hard-working and born winner person. * Or he may prefer $10,000 equity since he thinks "shit if this startup fails I don't have to give him anything."
You also free to choose which options you like. Then the negotiation begins. Anyway, even with debt, there are various risks you can't get your money back, therefore you need incentive to lend your money. Yes, it is the interest rate. Without the incentive, no way you want to lend your money (except you are a Dalai Lama).
So what it has to do with Bitcoin? Well, even with Bitcoin, these two scenarios will still exist.
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Now, gotta go and make a Twitch account and make a video. They inspired me.
Do it and share your WIN reaction here At what gambling site are they playing?
AFAIK --please note that I only watch them randomly, like one or two times a week-- sometimes I see them play on non-crypto casinos, but some also play on crypto casinos like Bitcoincasino and Roobet. Perhaps depending on which casino sponsors them at that time. It doesn't matter where you play anyway, as long as you can find the same game (and same slot provider), all will behave the same.
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1. Skill-based - 2. Chance-based -
The problem with these two strict categories is that no skills games are pure skill. It also contains luck in it. How many % skill and % chance should we put the game into a skill or chance-based game? This situation also makes a game like a poker illegal in some parts of the country but legal for the rest.
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People who ask for socialism feel that they are treated unfair from the governments so they ask for getting more money. In some capitalism countries, governments transfer money from the poor levels to the richer levels through taxation. This is why there are still people who search for socialism, they want to tackle this unfair situation.
Well, if you don't like the government, why give them more power? If socialism, according to the Oxford dictionary: " advocates that the means of production, distribution, and exchange should be owned or regulated by the community," then government --which is the representation of the community-- will own and regulates everything. As we know that the central planner is not efficient and cannot predict what and how much people want or need, then obviously everyone will be more miserable. Hence, if the problem is the corrupt government, you reform them, but don't change the economic system. Imagine what corrupt government can do in a socialist system. And yes, according to the same dictionary, socialism is the " transitional social state between the overthrow of capitalism and the realization of Communism." #NorthKorea #Venezuela https://www.lexico.com/en/definition/socialism
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People are free to choose what they will do with their hard-earned money. I think whoever says about using savings to "help" the economy is wrong. People will consume and continue to consume as long as they are alive.
Now is the time for a recession, and people should accept it and move on, there will be good times after this recession, as always.
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Mining pools (per se) are just computer server that distribute the work to the miners. I think the miners will get the blow by reward reduction, not pools. From this $10K BTC price currently, the situation is like $10K/2 = $5K pre halving. So if miners can't survive $5K pre halving, they will turn off their farms.
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*GOLD has been here for a long time and has high payment; *IOI already have functional game and token can be used to stake/buy in-game perks.
I don't know about other bounties, but don't expect to be insta-rich guys.
Nice thread @OP
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Anyways, this is my first time to encounter twitch players who are gambler. Do you know the game they are playing? I see that they are not using crypto according to slotcatalog.com: - DOA2 96.82% - Money Train 96.2% - Knight's life 95.84% - Who Wants To Be a Millionaire 96.24% - Reactoonz RTP 94.51%
You can play in various crypto casinos, just search which casino provide the game. AFAIK, lots of crypto casinos also support (maybe not all of) those games, e.g., bitcoincasino, roobet, fortunejack, etc.
Hmm.. @Betwrong like cute girl streamers, nasty
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Awesome guys, you have a great collection of slots there! Reactoonz, Millionaire, and other mainstream games I saw Roobet's adds on twitch and watched streamers played there, pretty shocked since when I join this campaign last year. The site is still so boring. I'm tempted to play again this weekend, damn!
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@amrulshare smart kontrak ETH + website buat ICO itu masih terlalu dangkal kalau disebut proyek blockchain. Tapi ya bebas saja kalau agan berpendapat demikian karena permasalahan terminologi ini bukan ranah "science." Ada seseorang bernama Rico
Namanya kurang menjual... yang memiliki ide untuk membuat sebuah Platform Game berbasis blockchain
Balapan lagi yuk Note: gambar dari imgflip.com
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A month ago I voted for Q2, but now I can sense that im not right for my prediction.
The current situation here is getting worse and it seems the lockdown is not effective due to the stubborn people who dont cooperate and selfish thinking only themselves but not the welfare of the majority.
I think Q4 is the right answer.
LOL you still have time to revise your answer as expert said he expect spike in this Fall. https://youtu.be/0k84gE7ObuQ?t=93So what's your idea @BADecker ?
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Sekali lagi disini saya tidak membahas hal terkait bounty sepi atau tidak.
Bebas toh membahas bounty sepi atau tidak, itu kan terkait ICO, kayak roti ama meses, ga enak kalo ga pakai dua-duanya. Tolok ukurnya ICO sepi gimana? (1) Dari gambar grafik yang agan tampilkan; (2) Dari sepinya bounty -> semakin sedikit proyek, semakin sedikit peserta. #ThrowBack Tapi kan paling tidak itu peminatnya lebih banyak daripada aplikasi blockchain yang team tersebut bangun.
Dengan kata lain poin utama saya menyebut ICO adalah Proyek blockchain, tapi tidak untuk aplikasi blockchain itu sendiri
ICO adalah penggalangan dana, ICO bukanlah proyek blockchain.Betul itu popularitas ICO pada tahun 2017/2018 mengalahkan proyek/apps yang hendak dibangunnya, bahkan investor awam berbondong-bondong mengirimkan uang untuk proyek yang dia sendiri gak paham. Jadi ICO lebih populer dari proyek blockchain pada saat itu... Kemudian ceritanya sudah bisa diketahui sendiri. Bubble ICO meledak, mau diganti IEO tapi tetep kempes. Kenapa ane bilang telat? Karena kalau mengadakan ICO lagi di tahun-tahun ini, tetep saja sepi peminatnya. Karena investor sudah paham dan melakukan due diligence yang lebih serius pada proyek-proyek blockchain.
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@OP keknya tulisan ini telat, ICO sudah tidak diminati, ICO telegram saja diblock sama Mamarika. Bisa agan liat dari grafiknya yang turun dan jumlah bounty yang sepi di sini.
Anyway, blockchain tidak diminati ya karena produknya masih belum bisa mengalahkan produk konvensional, baik dari segi kemudahan, biaya, fitur, dll., sehingga masih bermain di area ideologi.
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Jadi inget ane dulu awal ikut ngebounty juga dibayar token-token abu. Tapi untungnya waktu itu (dan sampai sekarang) ane adalah orang yang skeptis, jadi ketika gak dapat uang dari hal-hal yang mudah seperti itu ya nyantai aja.
Ane kira hampir sama kasus di bounty-bounty lain yang tidak diescrow ketika token gak dikirim, BM tak punya kuasa (katanya) karena dia sendiri gak dibayar lah, tidak mengurus masalah pembayaran lah. Untuk ke depan apabila agan masih minat ngebounty:
(1) Cari yang tokennya pakai escrow: ini hanya menjamin tokennya dikirim, tidak menjamin harga token nanti jadi abu, dan juga tidak menjamin kerjaan agan akan diterima BM (dapat stake); (2) Minta bayaran di depan: model bayar duluan kek resto cepat saji ini mencegah ada yang makan kenyang lalu kabur gak bayar. Kalau agan gak punya tukang parkir preman, mending minta bayaran di depan; (3) Coba cari BM lokal: di SF ini banyak BM yang at least memperjuangkan nasib para hunter kalau terjadi sesuatu yang tidak diinginkan. Ane pernah ikut BM lokal (bukan proyek lokal) pembayarannya lancar.
Open scam kasih redtrust, tapi keknya tetep gak dibayar.
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My fertile mind is also saying a little about this virus possibly leaking unintentionally from a lab and not from actually eating a dish coming from a bat or a pangolin or whatnot. After all, the Chinese have been eating all these kinds of exotic food for a very long time.
Yes, and there were H5N1 & SARS, plus this kind of outbreak seems to occur every few years. To be fair, outbreaks occurred everywhere: https://en.wikipedia.org/wiki/List_of_epidemicsNot sure if the trend will shift to China as the source of new epidemics. @BobK71 All countries are suffering now, so the MO seems not supporting your argument. Oh, don't you think this conspiracy theory may be more suitable on Politics and Society board?
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I'm sorry to hear about your problem @OP. About your situation, if you don't have a job there, can you ask your family to give you money? At least for your 1x trip going back home. It is indeed a difficult time, and this situation may not be over soon.
The amount of money collected will not help the government do anything since it's too minuscule. So I doubt it is their strategy to extort money. Anyway, you can go to the embassy and ask for help, and keep the "government is evil" thing for yourself and try to cooperate at the moment because it won't help you there.
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With 10K BET tokens we only get $1 per week? Can't say its a bad investment because it's still earning but just be a slow-growing investment. The dividends, of course, will keep rising when the amount of pool rises as well.
You can use ROI. Let's say with current price: * $0.03/token x 10k = $300 * dividend= $1/week = $52/year * ROI = $300/$52 = 5.76 years Is it bad? It depends since you can earn $52 and then sell the token for $300 next year. You can still earn via capital gain and via dividend. Nevertheless, the crux of this investment decision is whether the price will go up or down, that's difficult to predict.
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BTC is just a tool, money, so it won't make crypto casinos suddenly appealing to the masses. Gaming developers still need to evolve/constantly bring more exciting games to the table so gamers can play more and obviously spend more.
So it seems people here like dice. With dice, devs can modify it so whenever it hits xx.xx, a bonus round will appear, just like slots.
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Professional means gambling is your profession, or simply put, you do it for a living. In pure chance games, no way you can do that, but if it's in skill games, then yes.
For poker, you can do the cold reading and bluffing. If it's combined with experience, then your winning chance can be higher than average joes. However, it is still risky since one bad night can erase your income.
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