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4381  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: June 17, 2020, 06:29:54 AM
I've been very optimistic about Sheffield United all season and would be backing them to get the first victory of the return to EPL football as they travel to the Villa Park. Sheffield has only lost twice on the road and those defeats came against Liverpool and City who are the best two clubs in the league. 2.25 odds on a Sheffield win, adding O 2.5 goals on the arsenal-city fixture later could b nice picks for a parley.

On the Coutinho issue; he shouldn't be a pariah because of his decision to move to Spain. Football is a passion for players and fans, but for the players it's also professional and they have to make decisions to boost their careers, a move to one of the best teams in Europe was exciting to the Brazilian at the time and if he wants to return to Liverpool now and they need his services, then by all means the transfer should happen.
4382  Economy / Games and rounds / Re: [FREE RAFFLE] Win $10 worth of BTC! (Only for What If (S1) Participants!) on: June 17, 2020, 05:27:08 AM
I think it would be better to specify in the spot numbers that the first ten digits has a "0" behind them, this would make it clearer, as two numbers for the latest hash are used to decide the winner;
Quote
00
01
02
......
09
My pick: 00 - bc1qqaqx30lgclc4ehynye8w82q8esgg63uz66q7gh
4383  Economy / Economics / Re: Current Food Shortage and Economic Decline Caused by Pandemic on: June 16, 2020, 04:07:23 PM
What will be the solution for this?
A vaccine would be nice, but while waiting for that, the global population should adhere to health regulations inorder to reduce the effect of a second wave of the virus; social distancing, washing your hands, not touching your face. The government also has a role to play by providing PPE for the general population. Price of face masks spiked in prices in some regions due to demand and not everyone can get them or afford to dispose them after use.

• Sensitization exercises should be intensified to ensure everyone is keeping to health guidelines. This is a global effort and needs the contribution of everyone
• Inventing cheap hacks which would be effective in preventing the spread, such as the use of cloth face masks which are a lot cheaper than the N-95's and can be effective when combined with other preventive measures.

How we can help our government on this current circumstances?
As mentioned above keeping to health guidelines is our best action.

Does bitcoin or any digital currency could help?
Bitcoin does not impact the economy, it is rather affected by it. Government fiscal policies and market sentiments are the main factors that influences that.
4384  Other / Beginners & Help / Re: New to BTC on: June 16, 2020, 05:05:17 AM
1. How did BTC increase in value to current values from first BTC? compared to stocks/ shares etc.these have underlying value based on income, assets etc.
Traders speculate on the value, it was greatly undervalued when it was first created as few people understood the technicalities of it, as more people got interested demand rose and so did the value.
Bitcoin also has an intrinsic value that is gotten from the cost of mining them.


2. for future BTC growth, if more people hold on to BTC as an "investment" than use it, does not present any issues?
As long as it has speculative value and potential to grow people are going to hodl, it would be a while before Bitcoin matures into a widely accepted medium of payments, and at that point users would have to spend it


3. Volatility and purchasing power - isn't this a potential issue? If I bought a car for example for 50BTC, and the current fiat value was worth $ 50 000, but then in a years time the BTC value halves (or doubles), does that not mess around with underlying value of anything significant you may buy with BTC?
Just like the scenario of the pizza that was bought with 10,000BTC about ten years ago which was worth about $41 then, but is worth millions of dollars now. This did not make the price of pizzas to skyrocket. So, I do not have think the underlying value of a product purchased with bitcoin is affected by a price movements.
4385  Economy / Speculation / Re: Bitcoins can hit either $8k or bounce back to $10k - volatile times are back? on: June 15, 2020, 03:16:51 PM
The moral of this story is not to sell your bitcoins because it’s falling or because people are claiming that it’ll fall, rather one should assess the situation and then hodl on to their coins, as they’ll be rewarded in the long run for holding their bitcoins.
An investor should not be too concerned about daily price movements, especially when you are in for the long-term. The only time you incur a loss is when you panic sell, the fundamentals of Bitcoin is solid support to ensure the price rises again.

The market volatility is again growing, and the trading volume is still low, so we could see more quick movements over the next couple of days.
4386  Other / Beginners & Help / Re: The dangers and threat of using Self destruct Private Notes on: June 15, 2020, 07:00:13 AM
Part of the link also reported that the fake site uses Google search engine to advertise;
Quote
As if the two websites' exceedingly similar names and appearance weren't obvious, the Privnotes clone added ads in Google Search to have their result outrank the "organic" results.

That means any time a user would search for "privnote(s)" Google would show the (fake) Privnotes.com ad first, as shown below.
You should not trust Google search engines and their results, it seems they do the minimum to check for the authenticity of the sites they promote on their results pages. With a high enough bid and fake traffic any site can get to the top of their list, including fake ones.

Do not also send your private keys on any online platform, there is no reason at all to send your private keys to someone over the internet. If you wish to transfer the balance of an address, let the other party create a new address and you send the funds to them.
Also check more than the first few digits when copying and pasting an address to ensure it wasn't changed by a malicious site or clipboard hijacker.
4387  Other / Meta / Re: Stickied thread exemption from becoming an old thread? on: June 14, 2020, 12:33:54 PM
I share your sentiment, but, the thread literally shows up at the top of the first page so I would assume the posting gap would not factor in. The 120 day warning would be for posts which has been discussed extensively and may no longer be relevant at the time.
It would also be confusing for new members to get such a warning message when replying to the first post in a board.
4388  Economy / Speculation / Re: For real? on: June 14, 2020, 11:10:22 AM
Most "analysts" think that being overly positive about Bitcoin and predicting huge returns is the way to go when building a community on social platforms, this leads to lots of shills with little or no factual evidence to support their predictions. Just as unrealistic FUD is frowned upon, throwing insanely high figures around to try and instill a bullish sentiment is as well.

Investment is a personal risk and you should DYOR before putting your money into any cryptocurrency at any time. The analyst could be giving his price expectations for the next decade while your investment plan is about 6 months. Choose the strategy that best works for you.
4389  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 14, 2020, 07:13:12 AM
I expect a low scoring draw; 0-0 or 1-1, would be betting under 2.5.
A low scoring draw as I predicted and Napoli advance to the final, inter were not able to build momentum after the early goal they scored and allowed Napoli back into the match.
Mertens became Napoli's all-time goal scorer in l competitions with his equalizer, taking his overall tally to 122 goals, Maradona is still their top scorer in the coppa Italia.
4390  Other / Meta / Re: Should mods deal with the 1 line posters just here to build their counts. on: June 13, 2020, 09:56:57 PM
I have found many times that reporting a post may or may not get it removed.
Having multiple people report it tends to get it removed more often and faster.
I don't think mods need multiple reminders in order to decide whether to take action on a report or not, if your report checks out, it would be handled (this might take a while depending on the availability of mods in that section) and if it doesn't, all reports would remain unhanded or marked bad. Although, I think different mods could handle different reports on a post (as they are separate in the queue) and could have their unique opinions about it.

Multiple reports would be useful in getting quicker attention to cases that requires urgency, like malwares and phishing links in posts.
4391  Other / Meta / Re: Should mods deal with the 1 line posters just here to build their counts. on: June 13, 2020, 09:02:26 PM
does anyone think we need or anyone want a thread about the 1 line crap posts

How about a thread for reporting spam posts regardless of the length? If there is a target one liners, users would simply draw out their posts with a little effort. Although, imo, a thread is not necessary, mods are pretty efficient in handling reports. If you feel a post is low quality, report it and the moderators would decide whether or not to take action.
4392  Other / Meta / Re: Could we have a standard to announce open spots in signature campaigns? on: June 13, 2020, 09:27:41 AM
Having a standard means it has to be enforced and this would mean extra work for the forum moderators to ensure managers are abiding by the guidelines. Moderating signatures or bounties would be like opening a can of worns as there would be so much discussions and disagreements on what should and not be allowed.
4393  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 13, 2020, 06:22:15 AM
The first leg of the Juventus-Milan tie was about 4 months ago, but the away goal decided the match. This could likely happen in today's other semi-final fixture. Napoli enter with a one goal lead and an away goal at the San Sir, this would give them an edge and Inter would have to do a lot to be able to come back. Home advantage will not however count this time as there would be no fans. I expect a low scoring draw; 0-0 or 1-1, would be betting under 2.5.
4394  Other / Serious discussion / Re: The Fat Emperor talks to a leading virologist about herd immunity on: June 12, 2020, 05:17:57 PM
I was going to give you 5 merits, but I dropped it to 4
I initially thought you were trying to hit the symmetrically increasing even number sequence. I had been looking out for that.

I agree to an extent on the vaccine point, if it's going to be discovered and before all regulations would be passed, so much time would have elapsed and people would have begun to live with the situation. My main reservation however of acquired immunity is the after effects on the person who has recovered. I've come across (on the internet) cases of lung conditions, shortening of breadth, weakness and other effects after a person has tested negative. Understanding how the virus reacts after a person recovers would be vital in the quest for normalcy.
4395  Economy / Economics / Re: What brings economy of a country down. on: June 12, 2020, 04:41:09 PM
what brings economy down is base on focusing on one particular thing not be diversified in different sectors, so when that particular product fails to trend in market the way it's before such country will be shortage of economy
This is evident in Nigeria, prior to the discovery of oil (in 1953) agriculture was the main driver of the economy contributing hugely (more than half) to GDP growth and also export revenue.
The quest to discover oil in Nigeria began at the turn of the century and was very expensive, after it was discovered in 1953 in non-commercial quantities, over £6 million (£123 million in today's rate) had been spent on the quest, hence more effort and resources were engaged to accelerate the discovery of oil in commercial quantities, inorder to recover the lost funds, this was achieved few years later. After this, efforts were hastened to begin exploration later in that decade.

During all this, agriculture which was the was the core of the economy was beginning to be neglected and it's contributions to GDP growth began to drop, export revenue accrued from it was hit harder, as all efforts shifted to the liquid gold.

The discovery of oil however did not rescue the economy as many thought it would, mismanagement of the oil industry led to conflict in the oil producing states as the indigenes clamoured for better revenue to their zone. The oil drilling exercise destroyed the environment and fish market which was the main source of income among the locals was crippled due to oil spills. Conflict and militancy slowed down oil production and was a menace for many years. The agricultural industry was thus double affected by the discovery of oil as lands and vaible waters in those regions were lost.

Fast forward to today, agriculture barely contributes 5% to national export revenue, and the country's inflation index has spiked from the period before the discovery of oil to today reaching a height of about 2000%.
Crude oil failed to boost the economy due to mismanagement and corruption and the lack of attention to agriculture meant there was no diversification.



With the Advent of electric cars and the quest for safer and renewable sources of energy which doesn't harn the environment, the oil market would likely drop in the next half a century, adversely affecting economies which are over reliant on it.
4396  Other / Beginners & Help / Re: The importance of using different emails for your crypto related activity on: June 12, 2020, 10:16:19 AM
and it you didn't practice having different strong passwords, they have decrypted it quickly, and can go a process of elimination by logging to different crypto related sites like exchanges and online wallets to get what they want from you
Users should avoid exchange and online wallets where you either don't own your private keys or it's stored online, some also require you to submit KYC, which adds an extra threat.
Having different emails for different purposes is a good idea, I would also advise one keeps a log, if you're opening random accounts often it's very easy to mix everything up and reuse details. Only open accounts you need, in cases where you're just experimenting use a throwaway mail to set up an account and if/when you decide to register you can create a unique address for such account.
4397  Economy / Economics / Re: US economy wouldn't be shut down again despite the rising case count on: June 12, 2020, 08:37:51 AM
What are your expectations for the third and last quarter of this year?

It would depend on the fiscal policies that would be implemented during that time as well as the general sentiment towards the nation's economic state. The president is doing everything to keep the latter positive by suggesting they are on the brink of a recovery, but people are going to need more than words to convince them of that.
The article also reported that they plan on pumping in a trillion dollars into the economy over the next month to stimulate it, but the current rise in covid-19 cases could negate the effect. If spending remains low, more businesses would close and loans would be defaulted.

Over the next two quarters, the U.S and global markets would likely continue to contract. More jobs may be gained, but unemployment would still be high. A vaccine being developed during this period however could change that.
4398  Bitcoin / Bitcoin Technical Support / Re: Warning when transaction fee exceeds sent amount for bitcoin wallets? on: June 12, 2020, 06:52:41 AM
What about generally checking the transaction before sending it?
I would assume some users do not know how to calculate the most appropriate fees for a transaction based on how quickly they want it confirmed and how much they are willing to part with, some simply select the dynamic fee suggested by the wallet they are using (for wallets which has this feature), and in times of network clog this could go really high. And they will feel that is the only way to get their transactions confirmed at all. But double checking everything should be a practice when transacting using Bitcoin.
4399  Other / Beginners & Help / Re: Question about merit on: June 12, 2020, 06:14:17 AM
I read this post that only merit source have expiration for smerits. But yet only a proposal I guess. Confuse too with this.
You're right, only merit sources have their smerit count replenished monthly and unused smerits from the previous month would be decayed. At this point it doesn't apply to regular users, although theymos has hinted that this could be implemented in the future if hoarding smerits becomes a bigger issue.
4400  Economy / Service Discussion / Re: Bitcointalk Signature Campaigns on: June 12, 2020, 05:17:34 AM
Nice idea,I understand it's still a work in progress. I have one suggestion, looking at the list of campaigns, you added the maximum rate as the pay, some may misinterpret that as the average pay for each participant, making a distinction with up to $$ or <$$ would inform visitors that there are lower pay amounts, depending on your rank, and in some cases, the number of posts made.
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