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4741  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: July 18, 2020, 04:24:01 AM
The only way testing is really going to work is for an entire area, then you reduce the circulation between those positive and those not.    That would need alot of tests to do a million people or however many is in that area/town and then organise it all, seems like its not happening.  The only real alternative is distancing and then treatment for those who become obvious in their symptoms.   Since the ill wont have spread before receiving treatment that is why the spread factor goes down and control increases, at present people wont accept this is a virus which can appear as nothing while spread phase and then kill.
   The two extremes are confusing people and making some believe its non existent just before they die, we've not had this unique mix in a virus or similar covid extremes prior and its especially effective at spreading in society that wont accept medical research or government statistics.   It is a perfect storm unfortunately so theres no excuse to open a casino with that background ongoing, except money is more valuable then reducing the mix of people and this natural spread behaviour.
Well, I think it's a matter of lack of supplies? That's why they refuse to do checks for millions of people. Not to mention that if millions were to be checked, it'd span in weeks if not months, and such situations where the person checked was infected AFTER being checked, well, then their efforts, money and supply were wasted no? Can't really blame them being helpless when confronted with millions of people. There's also the issue of asymptomatic infected, which makes things a lot more complicated when it comes to testing obvious symptoms.
Going back to the topic which is resuming of Las Vegas Casinos and reading a few replies back, I can't see that a casino will mandate or required their customers to show test results before they will be allowed to enter the casinos. Let's accept that there is no way a certain place will prevent any infection especially for a country that establishing hundred thousands of confirmed cases daily so I'm hoping that all casinos there is strict, not that strict but too much strict in implementing safety measures.
Let's be real here, even if they were to present test results, that doesn't mean that the same result would still be accurate the next day right? Or week? It's actually inefficient even if they did try to do so. They only need to be strict when it comes to implementinig safety measures, especially since not only would their reputation drop they're employees themselves would be affected in case a positive infection gets in, leading to damages that exceed compared to them closing down temporarily.
4742  Economy / Economics / Re: China economy and how they handle Covid-19. on: July 18, 2020, 02:49:43 AM
Well, China is a country with strict control and regulations when it comes to its citizens. Plus, as the origin of the country, they were able to spectacularly quarantine the Covid even before the worse situation was to come, so that was prevented there and then. The only negative thing here is most likely the fact that they allowed it to get out of their country. Well, considering that it was just discovered a few months after the possible case, It can't really be helped but then again, if they were able to notice it much earlier, the number of cases right now wouldn't be as high.

It's not like I agree with the way China runs its country, nor can I actually disagree with it fully since I don't run one, but the fact that they adopt such ways was possible the reason they were able to progress with regards to the virus right now. With how they have total control over literally everything, with anything against their way being met with absolute retaliation, It was no doubt that they were able to, as you can see anyway with how other countries are faring. If you were to compare it to other countries, then China would be pretty tight with security while others are pretty lax ( in comparison with the way they do things that is).
4743  Economy / Economics / Re: Rise in US unemployment. Thoughts? on: July 18, 2020, 01:46:34 AM
Not surprising tbh. It happened everywhere and would probably continue happening in the near future. Not to mention that illegal vendors placing their stores are being strictly checked now mostly due to the government having no choice but to do so mainly because of health measures. Not to mention the unemployment, even small to medium businesses are suffering basically because the government has failed to support any type of that sort of business right now, which they should really be doing imo. 

It's amazing how some issues actually take up the majority of the attention after the possibly worst wave of Covid happened. It's like the problem that's supposed to be topic #1 for meetings became an afterthought, mostly because they really have nothing they believe they can do anymore.
4744  Economy / Economics / Re: Maintaining safety measures after pandemic for human -economical- resources on: July 18, 2020, 01:07:37 AM
True, these measures implemented has at the very least shown us what a world where everyone maintains a pretty comfortable distance feels like. But do you really expect such things to continue afterward? When the vaccine is finished and the fear of Covid is still there? I don't really think so. Even now, some places still refuse to maintain proper distancing from each other, and most PUV just do that so that they are allowed to accept customers for travels. It's all but temporary mainly because of the population of the people on each country, maintaining this state of comfortable distance in the foreseeable future just seems impossible imo (until the vaccine is made that is).

What do you mean by "not everyone's an introvert"? Do you think that introverts like to be alone and isolated forever?Do you think that keeping social distance for weeks can make someone depressed and even force him to commit suicide?
I don't get what's the main idea behind OP's forum thread.The human resources are important for every economy,but it was stated many times that COVID-19 is not that dangerous for young,strong and healthy people.COVID-19 is very dangerous for the old and sick people,which are not a part of the work force. 
Not that dangerous doesn't really mean that they'd be safe from it. It just means that there's a lower mortality rate for those people at the younger age. And really, it's not enough of a reason to actually not practice preventive measures stated by the DOH. Sure, if the virus only affected one person, then do whatever you want, no one cares, but no. This virus spreads from person to person so even if you are young, you still get infected BUT you chances of you recovering is still high. Still, that just means you can infect others while you're still infected.
4745  Economy / Speculation / Re: Would you buy/use Bitcoin if you knew its price would not reach a new ATH? on: July 18, 2020, 12:21:56 AM
Yes, I'd still buy it. I never really saw it as an investment for some reason. Sure, at first, I bought BTC and was waiting for an ATH, but as time passed, well, my mindset changed quite a bit and started using my supply of BTC every now and then. I still hold a bit of them and buy them every now and then, but even without the chances of achieving another ATH, Bitcoin being an option to buy some stuff I want without finding out who I am seems pretty nice to me.

If that happens, I guess we will be in a boring mode because we can not profit from bitcoin.
Probably, that can be a way for people to save their bitcoin, and they will try to search for the profit from the altcoin market.
But personally, I don't think that the price stays stable for a long time. If we look at the market situations now, we see that bitcoin price stays stable, but the price is not mean it stays at one price only, but the price still up and down.
People who have confidence and believe in bitcoin will stay and will try hard to earn more bitcoin because they believe that bitcoin price can increase so high.
But I don't know which group will be bigger because that group does not show themselves in public.
This is just a sad mindset and has probably failed what Satoshi's goal really is tbh. Well, not that I can blame you, the community up to now has pretty much lead us to think of Bitcoin as an investment after all. Still, "boring" seems kind of taking it as Bitcoin now being "useless". It's not like the only characteristic of Bitcoin is being a speculative asset. You're basically blinding your eyes to a majority of what it can do due to being blinded by, yes, profit.
4746  Other / Off-topic / Re: Networking investments scams goes innovative using cryptocurrency. on: July 17, 2020, 02:08:03 AM
Did fiat became worse when criminals were using it for their drug deals/weapon deals etc.? No. In fact, fiat is still being used till this day no? So I see no reason why crypto should be labeled as a weapon for scammers when the word "scam" involves two PARTIES, not METHODS. A Scam is basically someone exploiting others' ignorance of a certain subject, making money out of them due to that.

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology. Sadly scammers had evolve and cryptocurrency were being target as medium of scam.
No no, it's the other way around. Abusers have made a lot of issues to Cryptocurrency due to them using it as such. And in the end, there's nothing wrong with it imo. Government use taxes to secretly stash money right? Does that make taxes wrong? No. It's the government that's wrong. It's simply a misaligned conception, especially due to the fact that crypto is a new idea that just came up a decade ago. Still, such scams of investment have long been here imo, not just through crypto, but rather through other means even with using fiat.
4747  Economy / Economics / Re: Can decentralization lead the next phase of the economy? on: July 17, 2020, 01:29:41 AM
Hmm not really. If you consider the entire world, I suppose only a minority of those actually want something like the concept of Bitcoin. Most would rather want something automated, something secure (secure in the sense that they don't need to guard it, but can leave it to others), something they basically can leave to others without worry so that they can do something else.

Still, this doesn't mean that it'd phase out all of a sudden one of these days, the idea of decentralization provided by Cryptocurrency is an amazing thing, one of which that can help us in various situations, but in the end, it can't really accommodate for every situation, not to mention the complete opposition (most likely) of centralized organizations. It'd probably be a part, but it doesn't really have the ability to eat up the entire economy, replacing centralization as its core.
4748  Bitcoin / Bitcoin Discussion / Re: Oldest scam in the book can help you make money on: July 16, 2020, 03:36:14 PM
Can't blame them in this case tbh, accounts that were hacked were of famous people that have the capital to actually do what the posts say, so who wouldn't try right? In case you want to argue that there were a lot of accounts that said the same thing, I can also argue back that did they know? Not everyone that Follows Apple twitter also follows Elon Musk right? Well, not saying that they aren't completely not to blame for the actions they made, but eh, it's done already, not much we can do about it. Even if we do blame them for all that matters, fact is, they got scammed, and it was one that was well, arguably better than some random sht poster asking you to send money to xxx site for money.
4749  Other / Off-topic / Re: How the latest twitter hack might be explained by past history on: July 16, 2020, 06:30:34 AM
The question that enters my mind here now though is, doesn't Jack Dorsey and others use 2FA? Or have the hackers figured out how to bypass that too? I actually have a super inactive Twitter account but I know if I access it from another device I have to 2FA. Don't even remember setting it up so it must have forced me to at some point.
There were talks about having an insider with relation to the hacks. The situation inside the company must be heavy as hell. There were news about how the hacked accounts even completely changed the mobile numbers and email accounts linked, making retrieving them a lot harder than usual.
I kind of disagree to the statement where they said that they have found out a bug that the system is storing the password in plain text. Having a little knowledge about programming, it was intentional to have a line of code that mask, encrypt, or hash the password of the users in order to secure it in whatever database we are using. Finding a bug that see's the password means that their encryption isn't strong enough to hide the password in plain text or else, it was intentional to store it which decreases the reputation of the software, web development company. Though, it isn't necessary mean that encrypted password is always the solution to prevent frauds, they should also strengthen the encryption just like what hashes in bitcoin looks like. If I am not mistaken BTC uses SHA256 encryption, if this is possible, they might also use it for password, or even MD5 encryption just for the sake of preventing plain text password to show up.
Who knows whether they're stating the real problem or not? Seeing as how a lot of companies have already used the "plain text" bug so much in the past, they probably thought they could use it as well to avoid any problems with regards to publicity and the like. Plus, if the passwords were stored in plaintext, whenever the system crosschecks it, shouldn't it be a miss or something? Or is it that, there was a separate database where the said bug saves the plaintext records of passwords, but the system still hashes them to match to the stored hash in their database?
4750  Economy / Exchanges / Re: Finally used a bitcoin ATM successfully! on: July 16, 2020, 06:19:53 AM
It doesn't matter if it's via ATM or via online purchasing.The giant transactions fees will always be a problem,when buying Bitcoins.
Traveling 15 miles and paying such transaction fee seems like a big sacrifice. Grin
There aren't any bitcoin ATMs in the region where I live,but if there are some ATMs installed,I'll most likely refuse to use them.
I don't know what to say-congratulations for using that ATM or not congratulating you for wasting your time,money and energy. Sad
Well, it's the experience that counts I suppose. He didn't deposit that much so I suppose the transaction fees aren't that much of a problem. But really, based on price for when I checked right now, can I assume that the fee for the transaction is around ~20%? Damn, Crypto-ATM's are really there to suck the money out of your wallets. Congrats on that 15mile travel that costed you around $20 I think?
4751  Other / Off-topic / Re: Twitter hackers are So low IQ. - Many Twitter Account Hacked on: July 16, 2020, 04:29:58 AM
It'd be a tad bit too obvious for others who are observant. Everyone suddenly tweeting about BTC being sht? About it being bad? Sure, 1st/2nd day it may actually have results, but after that, some observant people would see something weird, something odd. Plus, simple research would obviously result in seeing that such tweets are odd after all, so I don't think they would've opted for such a decision that wouldn't bring them any guaranteed profit. At the very least, with the way they did, they managed to earn something.

It's not that they have low IQ, they probably either didn't have enough time since they believed they would be busted quite quickly (which indeed happened), or they guaranteed the minimum amount of profit instead of going for the maximum one. Still, using a scam from way back 2017 does make these hackers seem like they have low IQ's.
4752  Bitcoin / Bitcoin Discussion / Re: Will mining pools exist after 2100? on: July 16, 2020, 02:04:39 AM
I suppose it's too early to say? After all, the future of Bitcoin is still uncertain. Besides, 2100 is 80 years later, so why not go for somewhere smaller and decide based on that? Let''s say around 2040? That should be more than enough time to assume what would happen to 2100 by then. 2040 or maybe around 2075? That's around the middle time of since when BTC was made and possibly when BTC ends. Still, I believe it's still necessary, mostly because miners are still being paid of transaction fees, plus, Bitcoin would only grow in price if more and more keep hodling it. Ofc, there would come a time where it would probably stay at a steady price, but that's still mostly by the end.

4753  Economy / Economics / Re: Interesting perspective of Investors on: July 16, 2020, 01:28:54 AM
*Bitcoin's value won't have any drastic effects since these people are more or so long term holders
Then doesn't the premise change if the price exceeds $10k? Like, let's say that the price did exceed $10k, but stayed there for around 3-4 months. The idea is now that long term investors are willing to check out of the market if such a situation happens, so wouldn't the price go down? Whether it be slowly or not that is.
This was a overall positive poll which showed the importance Bitcoins achieved now~
Importance? That's just talking about the price, and I'm pretty sure that the price is the lowest part of the importance one can get when talking about Bitcoin. Plus, considering the 26k people who responded, that's just a drop in a bucket right? Not to mention its twitter, if the survey was done with investors in mind as the respondents, then twitter isn't the way to go. A more specialized one should instead be the best decision.
4754  Economy / Speculation / Re: Will the twitter scam crash the price on: July 16, 2020, 01:00:52 AM
There shouldn't be that much effect I suppose. A 100 grand seems like a drop in a bucket when you compare it to the amount of money being traded daily, and even if they did try to sell it all in a single day, a bit of time is simply needed for the price to bounce back up. Additionally, if people aren't idiots, twitter would most likely be the one most affected by this. Bitcoin had no say in this and let's just say, it was simply a medium used so that they can scam others of their money.

Damn, just checked the issue itself out and there was a LOT of accounts hacked. And they even managed to make it difficult for such accounts to be returned by changing email addresses and mobile numbers. Twitter is gonna get hit real hard with this issue since someone inside being involved is largely possible.
4755  Economy / Gambling discussion / Re: Home Court advantage = Not an advantage now because of no-live audience? on: July 15, 2020, 05:27:07 AM
Live audience is a great factor to boost up the confidence and hype of the players residing on that court but there might be times playing alone can still feel better because if you deduct the existence of live audience, the pressure on the players that they must win because it is their home court and all their supporters are there would be lessen.

Home court advantage would still be an advantage because players are more familiarize into their own court since the drills and practice games are being held on their own territory so when live game comes on, they are already familiar and can move freely around the court. It is just a matter of support when live audience are there but the advantage of playing on your own court will give the best confidence for the player on the court.

In a new normal approach there are countries that put manikins in substitution of live audience to let the players feel they are still having a support so existence of live audience won't be a problem anymore. It will still be relying on the team players on how they will perform during the game using their home court advantage even without the presence of live audience.
Well, the home court not only gives audience familiarity but rather the atmosphere. It's kind of a vague thing, but hell, players understand it well enough I suppose. It's basically the fear of going to somewhere unknown for others, while being at home for someone else. We're all afraid of the unknown, and players going to foreign courts to play could prove that they are pressured as such, whether there is an audience or not.
its still some advantgae

two more factors

1 is travel sucks and traveling too a new city to play always affects players even more usa because its so big

2 hoe players can rest and dont really care about being in same city as awlays they can relax and play more normal
Ask any professional player out there. If they think traveling sucks, they should probably quit already tbh. It's not a matter of it being big, players would only hate traveling if they were pushed against a stupid schedule, but if things were planned properly, traveling can even be a form of relaxation. Players are also given the time to adjust their mindset afaik. They give them some time to roam the city to adjust the "unknown city" mindset, making their mentality the same as being in the home court, or at least, making it as close as possible to that type of mindset.
4756  Bitcoin / Bitcoin Discussion / Re: What does the police do if they seize bitcoin from criminals? on: July 15, 2020, 04:33:06 AM
There were cases that the police cleaned the records of the Bitcoin itself, thereby making it like a clean slate? To remove the stamp of it being a stolen BTC, and auction them off. There have been several instances of such events happening already iirc.
The official thing is to auction it off but you can never be sure what happens along the way just the way they do it when they seize cash.

If they get 1000 BTC nobody will know for sure if they seized 1010 and the 10 got "lost" somewhere. I don't trust people with money because greed usually takes over and they steal. Policemen are normal people hinding behind a badge and uniform.
True enough. Since records that are released in public are officially made by them, whether they are actually the truth or not remains to be known. Still, if exchanges do stamp the coins marked as coins that were stolen, such cases could possibly be avoided no? Police pocketing them (or anyone else for that matter) are unable to sell it due to it being stamped as a stolen coin, and even if they do mix it, it's a matter of them finding it out, right? They have no choice but to release it in the form of an auction so that the stamps of it being stolen are removed.
4757  Bitcoin / Bitcoin Discussion / Re: The extended important of Blockchain on: July 15, 2020, 02:05:14 AM
You're making things a lot harder for farmers man. There's a simple solution in the problems farmers have, remove all those people that take advantage of their hard work and you can have a happy farmer life.
The effort of Government to intervene in order to support such contracts have been to no avail, as such policies are either too costly from the government fiscal standpoint or create  moral  hazard  if  noninsured risks  are covered by government payouts in the event of extensive loss.
See? you already said it yourself, the actions of the Government have not been one bit helpful to them, so what did you expect? Hell, If such a system were to be implemented, it wouldn't be the farmers that would take advantage of it, it'd be those people above those farmers. The middleman of sorts, or maybe the owner of the lands farmer use (if there is one). Yes, it brings advantages but there are also disadvantages to it, mostly it stems from how people can capitalize on others' work. It'd just be quite a loss for them tbh, with them not even knowing that they're actually losing out due to the term "blockchain" being involved in their transactions.
4758  Economy / Gambling discussion / Re: Limited escrow service for building self discipline. on: July 15, 2020, 01:25:30 AM
In the end, though, you're just pretty much running from the essence of the problem, which is self-discipline. By hiring third parties to hold your money, your basically saying that "I can't control myself, so instead, you put on a leash on me so that I don't go overboard" kind of thing. Plus, the thought of it comes after you put it in an escrow, but what if you don't? There's a sort of mentality where you just put it on hold for literally forever, saying excuses, but you just don't really want to do it. Once you get this sort of mentality, it's hard to let go, and if you apply it to this situation, won't it be a never-ending loop? And the fact is, you can't even manage self-discipline by then because you believe that the escrow would do it for you, but again as I said, you'd just make up excuses to not use it for now, but in the future, and that'd just make it a loop that's going to hurt you a lot.
4759  Economy / Gambling discussion / Re: Record Revenue for Blockchain Gaming Company During Pandemic on: July 15, 2020, 12:59:41 AM
Not surprising really. It was to be expected at some point, since a lot of people have no where to go, might as well go gambling right? Well, there are options such as playing, but well, most of those that have nothing to do and have money belong to the age where playing games is a foreign thing and would instead play games like poker in the past when they were young (yes, I'm implying that most of these people would be around above 30s or 40s). Still, though, such cases would just probably be reduced in the long term, especially since a lot of people are having a hard time with financing their situation. It probably is true for the first 3-4 months, but after that, you'd probably see a drop in online casinos' revenue.
4760  Economy / Economics / Re: What is the cause of economy rise and fall. on: July 12, 2020, 07:12:40 AM
Demand and supply. Economic growth mostly occurs due to having increased wages, increased employment rate, increased resources, improvement in technology, etc. Countries have constant development due to them having concentrated their resources on developing their domestic products, instead of foreign trade. This doesn't mean that foreign trade is wrong, just that with foreign trade, the improvement of the country would solely be limited due to the fact that if foreign trade disappears, the country has its lifeline cut.

as far as I know is, the price of their currency is based on gold-backed up, and the more cash in circulation, the more unstable the economy in the country. however, lately, the calculation of gold with cash in circulation is not very suitable, so it seems that the current economic quality in a country is based on the value of the entrepreneurs in it.
As long as the release of cash was controlled properly, even if there were more types of fiat released, it'd only lead to economic growth. Ofc, too much of something is always bad, and too much release of fiat at a single instance without any proper reason could lead to inflation.
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