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4581  Economy / Services / Re: Roobet.com | YouTube Review Video | Earn up to $50! - Ends August 31st on: August 23, 2020, 07:38:27 AM
Roobet username: Wexnident
Roobet review: https://www.youtube.com/watch?v=K3RvdA8fitc&feature=youtu.be
4582  Economy / Gambling discussion / Re: Red Cards in Football and what they do to the odds and the outcome on: August 23, 2020, 02:29:47 AM
A red card will always kind of motivate the team that got it. It ups the team spirit imo and they are willing to go the extra mile to defend the result; it can be a good boost in team morale, if they get the job done. The team that has the strength in numbers will feel some additional pressure otoh. They are somehow expected to get the 3 points no matter what then or everyone will laugh at them.

I have no data to back it up, but I think the betting markets always overreact when a red card occurs. Since the data is so hard to process and classify, there is always a lot of uncertainty in the markets. Lets see, if we can work something out here in this regard.
I'd actually think of it as the opposite. The one that got the red card would receive pressure, although they have the decision to defend till their last breath, it's still pressure to play against a full team with one less person. As for the opposing team, the pressure would still stay the same imo, it's not like their goal was changed, they still need to put out 3 points. Though I'm saying this, it's actually highly dependent on the team itself, since as you said, it's a psychological factor.

Like what @KT said, most matches that have red cards just end up with one team attacking and one defending. It becomes a rather stale game where you're just basically watching for the skill of the players and not the result anymore. The market also responds appropriately with that, we all have the statistics and records for most teams and players right now, they could basically respond to red card situations with appropriate results that shouldn't deviate that much. It's not like red card is a new thing, and there are a lot of matches for reference in the past already.
4583  Economy / Economics / Re: Some are hungry, some are losing their homes - some are doubling their wealth on: August 23, 2020, 01:50:52 AM
~
Honestly, even if I am glad that the richest are donating for the cause, I can't help but feel stupid that we're being happy about them dropping some scraps for us to survive. If this doesn't showcase how the relationship between the rich and the poor works, then I don't know what does. Still, not that I'm against them donating, in fact, I'm pretty happy for those that they reach out towards people who are in desperate need right now.
But that means the system is fine and you just need rich people to be charitable for all to be happy. That's the narrative in the US and other places since the 70's, incarnated by Reagan and Thatcher in the 80's, but has it worked out ?

Wouldn't it be better if these rich people paid more taxes, or paid their underlings more at the detriment of their wealth, but with the result that less people would be living in poverty or at the edge of it ?
Equity then? That would require a lot of manpower to even take a look at how rich the rich people are, and calculating taxes about that. And I really doubt the government would do that, when they could just pocket a fraction of that for themselves with no problem since they're the ones managing it anyway. What stays inside, stays there after all.
4584  Bitcoin / Bitcoin Discussion / Re: Some Influencers Are Not Helping on: August 22, 2020, 08:41:39 AM
That's why you don't follow any crypto enthusiasts in twitter. Or any other social media for that. Heck, I'd trust answers here than there tbh, since most of them out there are just there to take advantage of Bitcoin for money-making. I'd rather follow accounts that actually bring in some sort of useful info, such as market news or coin movements, my time is a lot more well spent seeing those tweets than seeing a bunch of people tweeting about Bitcoin reaching xxx amount, or I'll do something stupid scenario.
To be honest , here's what we need to get rid of for Bitcoin to truly be taken seriously by normal people and become the global currency :
1) An end to crazy influencers like you've mentioned
2) An end to scams that make the news ( further making normal people to question Bitcoin )
3) An end to the meme culture where, once again , normal people see these "moon" memes and others and just think of Bitcoin as a joke
4) An end to crypto infighting - an example is the Eth crowd and Bitcoin maxis constantly going at each other on Twitter etc - this hurts crypto in general. I'm not saying don't debate technology - thats important , but when its meme vs meme , its a joke...
Yeah you can't end that. As much as I would hate to say this, haters (or those that take advantage of it) exist because we, enthusiasts exist. If you want them to completely disappear, then the entire community has to go together with it. Nothing we can do about that.
4585  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: August 22, 2020, 07:03:36 AM
  • The card suits (hearts, diamonds, clubs, and spades) came from the French Ancién Régime. Cups stand for the clergy, coins mean merchants, clubs are for peasants, and swords are the nobility. Source
This one was pretty amazing then. A lot could be obtained here for sources of stories tbh, imagine a 4 way meeting between said groups which govern over their respective people. Standard history right here.
  • Richard Nixon, 37th President of the United States, funded his congressional election campaign with money he won while playing cards in the South Pacific during World War II. Source
I guess I can't say that Gambling doesn't help you now does it. Not. Yeah it doesn't help you, this man is probably 1 out of a million that got lucky, look at Tesla (reference from this post as well)
  • A wife bought a scratch-off lottery ticket to prove a point to her husband that it was a waste of money, but it ended up winning her $1 million. Source
Should I try this as well? Gotta find a girlfriend first though. Grin
  • Gambling for cash is illegal in Japan. Instead, balls won from games are exchanged for prizes or tokens. These items are then exchanged for cash at a place nominally separate from the parlor. Source
With the amount they earn from gachas? I doubt they even need gambling casinos tbh. Japanese are legit addicted to gachas, I'm also about to actually.
  • Pinball was banned in NYC as a gambling device until 1976 when Roger Sharpe testified by playing pinball in the courtroom while calling out precisely what he was going to shoot for and scoring showing that it’s a game of skill and not chance. Source
Nostalgia. I can attest to this since I pretty much spent hours trying to control that bloody ball.
  • Gambling sites and betting odds are better at predicting election results than polls.Source
Don't, poll makers would lose their jobs.

  • In 2014, Singapore’s anti-gambling agency, in a bid to leverage the world cup fever, published an advert that showed a worried kid telling his friend that his father had bet all their savings on Germany winning the world cup. Germany won.Source
I guess Singapore just increased the amount of Singapore by then. Germany just made Singapore make a huge 180 right there.

Ahhh that was fun. Pretty good read, had some fun with it. If there weren't so many, I would've requested adding pics to make the read a tad bit less boring. Still, pretty funny facts out there somehow.
4586  Other / Beginners & Help / Re: Having loss is part of experience as a Trader on: August 22, 2020, 04:32:29 AM
Experience comes with losing, be afraid of when you always win, but don't be afraid when you lose. Those kind of things are what I actually like the most tbh. Winning is nice and all, but really, it just means that you've stopped growing by then, that you've hit a roadblock, but losing? Losing means that there are still countless roads in front of you that you can take. Experience doesn't equate to winning, but mostly to losing, since only losers can see why they lose. Avoiding them is the best way to win after all.

Your thread scares me bro lol. I'm an aspiring trader as well and currently studying the technicalities of it. But after I read your post, I realized that I'm not yet emotionally prepared for this because it was a different thing compared to long term hodling. Now I can foresee myself panicking due to change of trend every hour *knock on the wood. But well, it is still a long journey for me. I should only take it one step at a time to remove the tension Cheesy.

No need to be scared, losing is part of everything, not just trading. I'm pretty sure you've lost countless times before, but you didn't really take that into heart and suffer from it no? Learn from them and make them yours. That's the basics of the basics in learning imo.
4587  Other / Beginners & Help / Re: Guide newbies on basic criteria of making quality post concentration to the foru on: August 22, 2020, 02:04:45 AM
You missed the very basic man, read the rules. I mean, the official rules. A lot of people have been hit by those that they themselves haven't really seen, and they didn't know how they got banned even. I'd honestly suggest to post a few every week but mostly lurk daily in the forums to know how everything works. This place ain't like FB where if you get banned, a new account is all you need, a ban means permanent ban, and ban evasion would only lead you to getting banned. Again. You don't really need to force yourself to be creative imo, just post whatever you think that makes sense and is relevant to the topic. A post that contains information that could be helpful would be well-liked no matter what imo.
4588  Bitcoin / Bitcoin Discussion / Re: A Restaurant convert entire savings to Bitcoin on: August 22, 2020, 01:38:52 AM
So that was around March? Around the Pandemic crash? Then didn't he already get pretty lucky? Since right now his funds are up by 300% or close to that. Or the decision just started in March, but they still didn't buy then until now? If so, then they've lost out on some potential profit. Still, I gotta say, from a business stand point, the decision seems REALLY risky. If it were a part of their total savings, then sure, but all of them? Not that I'm doubting but Bitcoin is a highly volatile asset. Said decision is really risky since they could potentially lose a lot of their funds if something goes really wrong. But if they were to only invest the savings by that point, and not invest anymore, then it could be helpful. Difficult in the early days, but should be manageable, the problems would decrease though the risk would still stay.

" He said they would proceed to use Bitcoin as a reserve asset — "perhaps permanently if we don't need fiat."
I don't think that's going to happen. Permanently removing fiat means leaving the financial economy on a basically non-transparent situation, where no control could be held over. A lot of issues could prop up, especially from those who don't really know how to manage their finance properly.
4589  Economy / Speculation / Re: Top 5 reasons I see $100k in next 2 years on: August 22, 2020, 01:08:15 AM
4 and 5 are mostly in the beginning stages right now. They could still stop and pretty much remove their effects on the current market. 3 is a given, heck, even I am pretty hyped up with what the halving would bring on the current uptrend of the market. 2 is still at tight ropes right now, especially since if the economy could suddenly bounce back, which is either unlikely or going to take a long time. as for 1, well, they basically have no other choice and path other than that right now. It'd probably be better for them to just let it happen, but by being prepared for it, at least they can minimize their losses. Still though, even with this, other safe haven assets still exists like gold, which is relatively safer so it's still up to debate whether they'd choose Bitcoin over others.
4590  Economy / Speculation / Re: This time when the stock market crashes, Bitcoin will go to moon! on: August 21, 2020, 04:51:06 AM
Stock market crashing or not doesn't really matter to Bitcoin tbh. Bitcoin would go to the moon whenever it wants, and there's no need to relate it to what happens on the stock market. I fully believe that Bitcoin would closely move to the moon at the start of the end of the year, though I also believe that the stocks would do everything to come back to where they were pre-pandemic, or even exceed that. If stocks were to continue plummeting at the rate similar to what happened at the start of the pandemic, then that would be quite odd. Most process right now is returning to normal, ever slowly that is, but still returning. That should warrant enough breathing space for companies to slowly recover.
4591  Economy / Economics / Re: What Role Will Crypto Play During ‘The Great Reset?’ on: August 21, 2020, 02:06:44 AM
Ehhh? A Great Reset? Tbh, right now? Even with the quarantine period and lockdowns that happened, most people are still going about their lives normally. Heck, even students are going on about e-commerce right now, mostly those that have the opportunity to start one anyway. Why would I even be ready for something pretty much non-existent? People call it the new norms, but really, it's just a matter of time imo for such changes to happen, especially since this "new normal" is just basically us being reliant on technology to achieve what we normally do.

Even if there was a Great Reset, people wouldn't remove themselves from a centralized organization. qol improvements are what centralization offers afterall imo. Decentralization is great, but it's only used in specific situations, and as such, doesn't really warrant the complete overhaul of the centralized government we have right now.
4592  Economy / Economics / Re: Our country was called Province of China. on: August 21, 2020, 01:26:26 AM
Should I even expect for the country to press legal charges on said company? Most of us are yes, pretty mad at this issue, but really, would our President even bloody care for said issue? I'd already be very glad if he doesn't make a move about this and let others press the charges themselves. Now, I'm just basically wondering, the product has been made since 2018 and as such, how long was such an issue been on? And no one really noticed a thing about it? I mean, not that I'm one to closely check everything on my products, but I at least check the labels thoroughly once when I buy them.

Fortunately, the stores are now shut down and owners will be deported back to their country according to the City Mayor.
Yes, I'm glad that they already blacklisted the product as well as the company who is responsible for that. What I'm just a bit sad about is the lose of jobs, as we know we have a high unemployment rate due to the pandemic and this happens, and I'm very sure that there is a Filipino who lost his/her job because of this.
Source on this? The only ones I found were the Mayors pushing for it's ban, and closing the stores in Manila. Articles have stated that they already removed the said Address issue, but Mayors still pushed for closing down stores, as well as telling online e-commerce stores (Shoppee, Lazada) to stop selling their products.

Source: https://www.philstar.com/headlines/2020/08/21/2036808/stalls-selling-manila-province-china-products-padlocked
4593  Bitcoin / Bitcoin Discussion / Re: Bitcoin maximalists are doing more harm to the crypto space than good ? on: August 21, 2020, 12:20:00 AM
Isn't the term Bitcoin maximalist, or maximalist used for those that are just heavy headed people that don't really contribute anything but still preach whatever they're rooting for? Not that I'm saying that some maximalists out there are bad, there may be some out there that don't really fit in there but call themselves on though. I'd rather stay in the middle camp tbh, since I know of Bitcoin, and I also know what's good and what's bad with it. Acknowledging them (disadvantages) seems the best way to adopt it after all. Not that I've ever used much coins, I've only used BTC, ETH and Doge after all.

Still, I suppose that maximalist just want Bitcoin to be the only one to exist since they're on that camp. It's like me vs the world, with no compromise needed or available for that matter. Let them exist on their own space though tbh, there's still space for most people to use and acknowledge other useful coins out here.
4594  Economy / Gambling discussion / Re: For the kind attention of the Gambling sites , a small suggestion on: August 20, 2020, 07:10:55 AM
It is an issue that has been a problem for quite some time now tbh. Normal gambling (online or offline) usually take care of KYC procedures and there's no problem there, but crypto gambling embodies what crypto is for, specifically anonymity. By providing KYC, what's the point of playing on crypto sites? In fact, they'd just be able to connect my identity to my wallet, which is a lot more information than normal KYC on regular casinos. I admit, minors shouldn't be allowed, and there should be somehow a way to prevent them, but KYC on crypto sites? That's a no-no. Let KYC stay on regular casinos, and let crypto casinos stay as they are.

The most helpful solution here after KYC would mostly fall on parent regulation of their kids tbh. Sadly, that seems different to implement on ALL families out there, since they can't really keep watch of them 24/7.
4595  Other / Beginners & Help / Re: Getting scared is useful! on: August 20, 2020, 05:08:16 AM
You should fear the unknown, not the known. Scams, lies and the like are easily recognizable when you know how they work, but if you don't then that's the time that you should stop. The saying that information is power is not a lie, trust in the information you obtained and make judgements based on that. Like the posts you quoted here, information got them to where they are, and by honing that knowledge, they're basically aware of what to do and what not to do. Never be afraid of doing something, be afraid of doing something that you thought you wanted, but wasn't.

PS: Don't YOLO, like seriously. Especially if you're on the edge and would want to go YOLO on something you don't really know. Successful stories of people doing YOLO moments aren't really YOLO, they had substantial information beforehand that helped them such as experience and knowledge, it's basically a calculated risk or something similar.
4596  Bitcoin / Bitcoin Discussion / Re: Bitcoin market cap can exceed Gold's after the next decade on: August 20, 2020, 02:11:54 AM
Robust? A prediction is never robust imo, and never would be. The only way a prediction could actually be solid is if you were from in the future and came back to say that, yes, that would happen. Right statement? No one really knows. There really isn't any right or wrong in predicting anyway, the answer would only be revealed once the situation is over. I'd rather say that I'd want more situations of Bitcoin to actually revolve in adoption, and possibly coordination or at least, acceptance from the respective Government agencies. Especially with how the supply will only go lower for the next decade.

Even if we do say that history repeats itself, the notion of Bitcoin defeating Gold in under 2 decades? Seems quite difficult, or impossible imo. I'm not being doubtful, I'm just looking at it realistically. Even if we do say that Bitcoin is very popular right now, can it sustain it for the next decade? Adding on to that, can even more people join in on the adoption of it? There's a lot of questions involved, so yeah, I really doubt you should trust predictions for over a decade that much.
4597  Other / Beginners & Help / Re: Give away again. on: August 20, 2020, 01:40:05 AM
Well, youtube does accept any videos posted online. The only good thing about this is that they accept reports immediately and move on it to properly remove said scam ads once detected. Might as well just look for extensions that help you block said ads, so that you stop clicking everywhere that may take you somewhere wrong. uBlock Origin and HTTPS everywhere could help in stopping you from going somewhere pretty dangerous.
I have seen this yesterday. They are above of the recommended videos on the right and they are LIVE. These scammers really paid a slot to be on top of those video recommendations. I've reported the stream right away so if people can't see the link now, this might be the first time that Youtube shut down a page fast lol (or maybe the stream was already active for several hours or days before I saw it).

But just wondering here, why Youtube approve the channel in the first place? Of course, these scammers will pay/ask first for a special slot (right?) and it will be subject supposedly for Youtube's review and checking before they will approve this page to start.
Well, anyone is free to post their vids on YT. Afaik, they don't really review it properly when it comes to scams and the like? The youtube AI only reviews those that are NSFW, or when it's rated for kids, but it's not, you get a warning or something. That, and copyrighted content.
4598  Bitcoin / Bitcoin Discussion / Re: Ukraine arrests gang who ran 20 crypto-exchanges and laundered money for ransomw on: August 20, 2020, 01:10:41 AM
Where was ransomware included though? Other than that, Binance is welcome to run their project, especially since it aims to counter these malicious groups that basically put a negative bias to the name of Bitcoin. Not to mention that with time, said groups would probably improve and remove traces from their scams, rooting them up early on could prove to be quite helpful.

Who or group can run 20 exchanges concurrently? If they do not run multi scam exchanges, they won't be able to have enough resources to do so. Is it a real news or only a FUD to force Bitcoin down again, at the right time with strong resistant price at $13k, bad news was released?
It's most likely real. Binance was involved, and some investigation by other exchange could easily reveal whether it was true or not, especially since officials of Ukraine were personally involved in the arrest, it's not like they can put false charges for them now can they? Plus, if they had the skill, making everything automated or at least semi should prove to be easy. They probably started it up way back 2018, and officially launched it by that year.
4599  Bitcoin / Bitcoin Discussion / Re: Points, Miles, Cash-back... Should we create similar systems in bitcoin? on: August 20, 2020, 12:42:25 AM
Isn't it totally up to the merchant on how this would happen? Just like how there are rebates on the various services on mobile wallets. It's basically something like a promo, but with Bitcoin, and yes it's possible and could be implemented but as I said, the merchant themselves should decide on whether to do it or not though I doubt it would happen this early, especially since the number of Bitcoin merchants is on the low side.

Still honestly, it should be a separate matter from how Credit card works, even with a rebate system. I believe that it should work on a different notion, completely different from how fiats work, especially since Bitcoin usage isn't really used for everyday transactions. Even if it was adopted in the near future by the majority of the stores, a coexistence with fiat would still probably the best choice imo, with fiat being used for daily needs and Bitcoin for certain occassions.
4600  Other / Beginners & Help / Re: Getting a hardware wallet doesn't mean your funds are completely safe on: August 19, 2020, 05:22:48 AM
It's just increased security, not guaranteed. Just like there's no perfect system out there, there's also no perfect defense mechanism out there. It's just that online wallets are more prone to stuff happening that you actually don't know about. Heck, some people don't even know how hacks happen or how your pc gets invaded by a third party. Hardware wallets on the other hand, need physical contact, so people would have to go to your house and rob you, at the very least, you know what they would try to do, plus, robberies are easily discovered with surveillance cams which may prevent such situations from occurring repeatedly. Add that to you not really revealing any info when buying Bitcoin and when moving funds, you're pretty much safe from being robbed by someone who discovered you on the internet.

Even a hardware wallet is not considered secure if you connect it frequently to your device.
Hardware wallets are pretty much used for just hodling imo. If I were to frequently have the need to connect it to a device, I'd rather configure a laptop or a pc with my specifications, making it my wallet which I can connect to exchanges now and then and only that, nothing else would probably be done there to prevent myself from being swept up by possible malware/virus.
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