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4761  Economy / Gambling discussion / Re: Do none of you feel guilty? on: March 30, 2019, 03:02:57 AM
Shilling for casinos, encouraging people to gamble away their savings. SCUMBAGS.

I am not sure on where your rage stems from as most of the topics under this category are rich of posts trying to prevent people from succumbing to gambling addiction. Even if someone tries to convince someone to gamble, it ultimately depends on the individual and their decision to gamble. You cannot blame entirely the people from convincing someone to gamble as the victims themselves are also at fault.

I think you are blaming the wrong people here if you ever find out who that was shilling and encouraging to someone about gambling then you should talk to him/them. We here are not encouraging but rather helping them to avoid the risk of getting addicted since they were hooked up into this situation at first because they already know the risk yet they fail.

This sub-category is full of posts trying to prevent people from gambling and stories about gambling addiction. I am trying to fathom on where his rage stems from and maybe he does not want to take all the guilt and just displace his anger to other people.
4762  Economy / Economics / Re: Where to sell for cryptocurrency? on: March 30, 2019, 02:27:40 AM
Like what most people replied on your posts, there are complications when you attempt to sell a piece of land for cryptocurrency since it involves real contracts that the government must accept and finalize. This is both risky for you and the buyer as the contract needs to be honored.

Instead of selling it for cryptocurrency, sell it for hard cash and convert it to cryptocurrency after. The only limitation would be the number of buyers as this only covers from people around your country.
Cryptocurrency acceptance is still on its embryonic stage despite existing for 10 years already. The government is strict when it comes to transactions and they do not adhere to its nature being a decentralized medium.
4763  Economy / Services / Re: Windice.io Signature Campaign(FULL) on: March 29, 2019, 03:00:23 AM
Hello sir Yahoo,

I would like to inform you that I will now withdraw from the campaign. I would also like to thank you for giving me an opportunity to participate in one of your signature campaigns. Hoping that I may work with you again in the future!

Cheers!
4764  Economy / Marketplace / Re: Merit "trading" - buying and selling Bitcointalk merit on: March 28, 2019, 11:52:41 PM
While this was introduced to increase post quality it has of course created a counter movement and a market place for "trading" merit - for money.
So this is just a reminder for everyone that the introduction of merit is a GOOD thing because it will help improve the quality of this forum for everybody.

"Trading" merit will undermine this and render it eventually useless.


At first, I was against the implementation of the merit-system as being counter-productive. Most quality posts are being overshadowed and buried under the pile of spams and shitposters in a current forum section. But as time eventually took the wheel, the merit system proved itself to be the cross that mostly prevented a number of spammers and hackers from abusing the old system.

Making alt accounts and farming them were the problems before and they have been addressed with this implementation. Of course, there can never be a perfect system wherein everyone can benefit as the implication of the merits also made it difficult for quality posters to have the spotlight of being the deserved ones to rank-up. Overall, I could say that it was indeed a success but we have to embrace all the consequences it follows.
4765  Economy / Trading Discussion / Re: Why we shouldnt panic sell on: March 28, 2019, 11:27:20 PM
At the time of panic each and every decision made by investors will not be going to end with positive that's why the experience people will say don't take any decision if you are in stress and panic.
The fact is that the panic mood of all users of cryptocurrency will be intensively used by those who are always trying to manipulate the cryptocurrency market. The information space is very often used for that and therefore we must always carefully select the truly truthful information, and only take it into account.

One thing you have to consider before investing, trading, or anything else that involves a huge amount of risk to your resources, is to keep your emotions from getting the best of you. Emotions are what makes us human but this can be a double-edged sword when involving financial decisions and investments.

In addition to panic-selling, one must also avoid being on a rush and panic-watching.
There was a survey gathered about investors and the results overwhelmingly reflected that investors are always on a rush in making profit. From this standpoint alone, if the market falls or becomes highly volatile, they may actually decide to pull-out their investments as they fear of incurring losses.

Obsessively watching the market during a bearish slump can also hamper your decision making skills especially if you disregard time as the focal point of the subject. It is always advisable to always keep your head cool as these can either make or break your investments.

because this year to sell in a panic situation will not be able to get good results because the market is still like this condition, so what we have to do in order to get the desired benefits better you have to be patient waiting for the market to rise again
I think that this year will not bring us positive emotions due to its stability. Although, if we take into account many forecasts for the end of 2019, we should nevertheless see at least 50% up to the current price level. But something I very vaguely believe in it.

I am still waiting for the materialization of Bakkt and their physical contracts as this would significantly boost the price of bitcoins. With its adoption comes Starbucks as one of their partners, one can construe that the coffee chain may actually implement a feature wherein one can have an option of using bitcoins as their method of payment.
I do believe that it is rather vague that the price may increase up to 50% like what happened year.
4766  Economy / Speculation / Re: 'Bitcoin will run up to $5,000 by May' on: March 28, 2019, 11:09:38 PM
Based on the chart below, last month, the price was siting at around $3,700-$3,800 with people claiming that bitcoin has fell on to a bearish slump. But in fact, the price has been steadily increasing despite the high-volatility of ups and downs. Predicting that the price of bitcoin run up to $5,000 this May is actually a conservative approach but it can happen anytime soon.

My only concern would be Bakkt, as it can significantly boost the price of bitcoins with its implementation of physical contracts which can be traded to banks and stored. As soon as this hits the market, this can either make or break the price depending on its impact to newly acquired investors and such.




4767  Economy / Gambling discussion / Re: How does online gambling operations manage gambling addiction? on: March 28, 2019, 10:55:47 PM
I know "Brick n Mortar" casinos have special counseling and advisors on call for people with gambling addiction and they also apply some measures for the gamblers with gambling addiction to "ban" themselves.

How can online gambling sites deal with gambling addiction? The Brick n Mortar" gambling sites have a social responsibility and local licensing requirements than needs to be adhered to for them to operate in a specific country or town, so they cannot avoid doing this.

Please give your inputs and ideas on how this can be done with online gambling sites.  Wink

I think that most online gambling sites have this warning message and disclaimer about gambling and its effects to an individual. Mostly by just agreeing to their consent and agreement terms, a person could already participate in gambling as they believed they already adhered to it. Online gambling sites are mostly operated by businessmen who are inclined to profits alone and these types of problems stem from the decision of the person playing the game.

I don't know how sincere the gambling site's advisors in this matter. In the first place they must think of the benefit of their business and every gambler must be welcome as long as they give profit to the site, in the other hand, since they had agreed to this matter to give counseling to gambling addicts then they must do it contrary to their goal. Their goal is to make profit and not to save gamblers from addiction. This sounds irrelevant and insincere to me.

Like any other business no matter how humanistic or socially inclined they are, all of them are driven by profits. Their goal is to produce the highest profit margin and earn cash for their needs. What I learned in business school is that all business revolve around the word "PROFIT".

I know someone personally who works in a energy/power corporation and there CEO often participates in social responsible events and host environmentalist projects. But all of those are purely for PR and media in order to look good on paper and on media.
4768  Economy / Services / Re: [OPEN] BestMixer Signature Campaign | Sr. Members - Legendary | Up to 0.01225BTC on: March 28, 2019, 02:01:44 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1022860;sa=summary
Current amount of posts (Including this one): 1132
SegWit BTC Address: 3Pg7ka7ygj14tyr9Jai8GxK5nfQVPgJy5o
Amount of EARNED merit in the last 120 days: 8

Hoping to participate in this campaign, Hhampuz!
Will wear the signature and avatar right away if I get accepted!
4769  Other / Meta / Re: Reporting Member sandy_is_fine FOR Spamming (Please Ban Her Moderator) on: March 27, 2019, 04:49:51 AM
I'm thinking of selling AWS codes in the digital good section but I'm afraid to because Sandy will assume I'm also Skeptical One and tag me red then no one will ever trust me even if I agree to escrow.

You have no reason to be scared if what you do does not involve any shady business or illicit acts. I think she is just doing her job from busing spammers and scammers from the forum.


Moderator I hope this was enough proof to prove she's spamming the forum thinking everyone is Skeptical One. I'm scared for my life of her, she displays a pychopath characteristics. I bet she harms innocent kids that's walking to school because she thinks those kids are Skeptical One. Moderator even though I want you to ban her it's best if you didn't or she will think you're Skeptical One and try to kill you. Approach with caution and BEWARE!

Whoah, calm down! I find no reason for someone to judge her whole character based on what she has done on the forum. You do not know her personality and I think it's unfair to completely judge her for that sole reason.

The screenshots that you posted are her warnings about dealing with scammers. I think that she will not post stuff like those without any substantial proof. I doubt that she did that purely on self-interests but for the betterment of the forum.

Again let me reiterate, you have no reason to be scared if you do things with good faith and conscience. Feel free to post and offer your services under the digital goods section.
4770  Other / Ivory Tower / Re: Life before and life after. on: March 27, 2019, 04:06:59 AM
Life before discovering BITCOIN:
I was just a normal man thinking linear about the future after college and live a simple life. I always envisioned myself working at a corporate company right after I graduate college and do what most conventional corporate jobs order me what to do. Simply, working non-stop to support my family was the only thing that drives me to work hard.
People sometimes see me as a robot on how I operate things since the I am a person who is inclined to following rules and instructions to finish my goal.

Life after discovering BITCOIN:
It was one Thursday afternoon during my class break, one of my closest friend approached me and told me about bitcointalk.org and he gave me a quick background about the potentials of cryptocurrencies in general. I was hesitant at first and I even doubted him but when he showed me his earnings, it gave me this motivational boost. On that day, my life changed on how I viewed my goals and on how to achieve them.

Earning weekly to campaign signatures and short-term investing to maximize its volatility are some of the ways on how I capitalized earning bitcoins. I lost worth 0.04 bitcoins to USI-tech investment scheme and I mishandled most of my expenses into purchasing irrelevant stuff. But those are some of the experiences I considered that shaped and molded me to become this person today.
Currently, I am earning bitcoins weekly and studying law as my future profession which I would exercise in the future to help my country accept cryptocurrencies.

Realization:
Cryptocurrencies really changed my perspective on how I achieve my goals as an individual. Before I live this life thinking that if I work hard enough, I would be able to reach my dreams no matter how big they are. But the reality is, even if the dream is there, without embracing the perfect opportunity then there is always that chance of not achieving them.

My answer may sound exaggerated on my life before and after discovering bitcoin but that is how it completely changed me mentally and psychologically.
I hope others have positive experiences on how cryptocurrencies changed their lives for the better.
4771  Other / Meta / Re: What can I do about possible merit abuse? on: March 27, 2019, 03:21:44 AM
I think it all boils down to your discretion as the campaign manager as you are the one who prescribes the rules and chooses participants.  If you think that they are abusing the merit system, then you can always ignore and move on!
There will never be a shortage of good posters here in the forum and you can always take your time to review each!

I think one possible solution may be checking their merited posts and see if they intentionally did the merit abuse. This may be a difficult job but I guess this can be a solution to problem!

Good luck, Hhampuz!
4772  Bitcoin / Bitcoin Discussion / Re: Bitcoin could be used to pay for Bills,load and for travel in the Philippines on: March 27, 2019, 02:31:11 AM
Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.


Let me clarify some things that you mentioned: you can pay the bills using our local wallet but our bitcoins must be converted to cash before we could pay them. Same as booking our travels and paying credit card bills. What you can pay directly using bitcoins are mobile prepaid load, online game credits, send money online, etc.
Although some services are not available, we are indeed in a very fortunate place as we can enjoy these services with the convenience of online transactions. Unlike other local wallets, I believe that coins.ph offers the more options and services compared to others.

Phillipines have done very well in their adoption and usage of bitcoin. It is a good thing bitcoin is now being freely used for the payment of things including traveling. This shows bitcoin adoption is still on the increase despite the several negative news and critisizm that has been thrown at it for long. Great one from the Phillippines and hope other countries will do the same as time goes on.

Bitcoin adoption is still at its embryonic stage but the exposure is continuously rising with the recent implementations of allowing bitcoin operators in our PEZA (Philippine Economic Zone Authority). There are rumours about cryptocurrencies as being payments for transportations and all of these contribute to the rising popularity of it in the country.
4773  Local / Pilipinas / Re: PH senatoriable eyeing crypto-based jeep fare payment system on: March 26, 2019, 01:24:49 PM
EFI founder Elmer Francisco also plans to introduce an Ethereum ERC-20 token that can be used by commuters to pay fare, and by operators to purchase electric jeepneys.


Full article here: https://www.unblock.news/news/ph-senatoriable-eyeing-crypto-based-jeep-fare-payment-system

Interesting but I think that transaction fees would be high and the transaction speed would also be taken into consideration. The idea is definitely feasible but there are other problems that should be addressed before implementing this kind of change.
The silver lining would be the exposure of cryptocurrencies in the public. This would attract their attention and potentially transform them to investors soon enough.

Like what others mentioned, the usage of BEEP CARDS are already enough and adding another complication can only bring harm than good.
4774  Economy / Gambling discussion / Re: Gambling.. way to loss on: March 26, 2019, 09:59:32 AM
I don't think any person with an average IQ would think that gambling is a way to earn profits. It's always a form of adrenaline based game, to give you excitement and pleasure.

If you want to invest, invest in your own business before you invest in other people business.

There are people out there that view gambling as a scapegoat and a way to answer their financial problems. Some people get lucky and obtain a significant amount of money but others succumb to addiction and ultimately destroy their lives due to the negative implication it gives.
Like what I said to other posts, gambling can never be profitable and it only hampers your decision making skills if you see it as an avenue rather than as a form of entertainment.
4775  Economy / Economics / Re: Why the global currency cannot be 100% internet based and if we will have one on: March 26, 2019, 04:34:41 AM
We cannot integrate a universal medium which stems from the internet itself due to economic barriers surrounding the world. This would mostly affect the underdeveloped countries and their capacity as others do not have access to such.
Assuming that we have a global currency which is based on the internet, transaction fees would replace the conventional tax and other related fees. We cannot escape taxation as it is an integral part of a country's revenue to fund almost everything.

4776  Bitcoin / Bitcoin Discussion / Re: The problem of getting bitcoin in the future on: March 25, 2019, 06:47:57 PM
Whether or not the electronic money through the future is easy is a difficult question. Firstly, in terms of economic integration, this is very difficult now because each country has its own face value and money, it is difficult to synchronize, another difficulty is that the legal is unclear because each country has one private law. Secondly, the political, military, and information technology are uneven, leading to access to electronic money is not virtual reality. So how to solve this problem?


Simply, you don't. View bitcoin as an investment method that can yield you an opportunity to earn large amounts of profits in a relatively short amount of time compared to other methods present. What makes bitcoin interesting is the technology which it operates on- the blockchain technology. With this revolutionary transaction tool, various coins can utilize this and create a better version of bitcoin itself.

With those issues that you mentioned, I think eventually countries would be lenient about its implementation and acceptance. What makes it impossible is the economic barrier between developed and underdeveloped countries as different currencies have different value depending on their status.
4777  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be a volatile investment tool and payment method at the same time? on: March 25, 2019, 03:40:13 PM
At some point in time I guess it will become either one thing or the other. It cannot stay both at the same time. Can it? Is it a healthy usage method to have it as both?

Bitcoin can be both but it is mostly used as an investment tool for both short/long-term investment plans. Some individuals (like me) use a portion of my bitcoins and convert them to cash to purchase services/products. Unfortunately, there are only limited things that you can purchase with bitcoins and mostly the transaction fees are high. This dilemma makes bitcoin as not the preferable option to use with in paying products or services.

As time goes on, Bitcoin price will become well stabilized and then it will become a payment method only. For now, its both a volatile investment tool and payment method as it's still at its early stage and its potential continues to grow. People are aware Bitcoin will grow beyond it's current state that's why people continue to invest in it while also using it for payment but time comes when price becomes very stable and then it will be used for payment method only.

I doubt that its price would be stabilized since its decentralized nature depends its price from the law of demand and supply. From that instance, it will lose its nature and become a centralized unit, which is the antithesis of what bitcoin is all about.
4778  Economy / Gambling discussion / Re: Is gambling addiction also a result of trauma? on: March 25, 2019, 03:23:23 AM
There are many ways for the person to redirect himself/herself from trauma like the use of drugs and the use of alcohol.

The person will just be addicted in to gambling if he will use gambling as a way to redirect himself from trauma. We know that continuous gambling can result into getting addicted into it so if he will not gamble while in a trauma, he will not get addicted into it and vice versa.

I do agree with your statement. The manifestation is purely relative and depends upon the person on where they would displace their trauma. Some people do drugs, become alcoholics, get addicted to something, or even do recreational activities. It really depends upon the person on how he/she will react to the situation and if gambling seems to be their scapegoat, then that would explain some of the causes of gambling addiction.

Again, it is purely relative and depends upon the person's displacement of trauma.

Depends on the situation, if you get too addicted in gambling I think there is no big trauma aside from losing big money because when you get addict you still keep playing even if you don't have money anymore. The trauma may start from the people around you, there might be a change when it comes to relationship with your family, addiction can effect everything.

The trauma would be based on past experiences on winning/losing. The problem with gambling is that if you do not stop, you will only succumb to addiction in the long-run. You may feel that you are actually winning on some days but in reality, you just recovered the losses that you incurred from your streaks. Gambling can never be profitable in the long-run.
4779  Economy / Trading Discussion / Re: Invest any time? on: March 22, 2019, 11:21:08 PM
When you are in a volatile market any of your choice is risky and in other to survive in the game of investment you must be ready to take risks some risk pay and some don't, what is the assurance that if you by the April  coin at $3  the price will rise. This and many more questions you need to ask before considering to invest.

Investing is all about playing the risks and applying techniques in order to reduce the said risks. Although it may require some luck which cannot be intervened, the way you apply your methods and experiences in dealing with the market is what separates smart investors from impulsive ones. People say that the best time to invest is NOW but the best time is really relative. It depends upon your financial status and condition if you are willing to lose a portion of your resources for long-time investments.

Unlike any conventional investment methods, cryptocurrencies are mainly for short-term investments. That is why the best time to invest is always when you are ready.
4780  Economy / Economics / Re: Do you need cash for everyday use? on: March 22, 2019, 08:05:33 PM
We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.

There are a lot of barriers you need to break if you are implementing a cash-less society wherein we utilize cryptocurrency as the main medium of exchange. Remember that due to economic discrepancies between developed and underdeveloped countries, people in the latter do not have equal access to such. In addition, being a volatile currency can have detrimental effects in the economy.

For now, cash would always be the universal medium of exchange among people. Having a universal medium which its value being backed depending upon the gold reserves, this prevents inflation from happening.

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