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4841  Economy / Exchanges / Re: All Binance users are now subject to immediate KYC verification on: August 20, 2021, 11:45:01 PM
Is it not for new users only? My account can still withdraw bitcoins and other crypto from the platform, though I'm not exactly sure how much is the new limit imposed. I haven't received any email asking me to submit KYC documents in order to continue trading with Binance, and there isn't any account notifications on my end regarding the change being mandatory.

Perhaps I still need to submit something in order to continue trading. It's just weird that I haven't received anything on my end in this big of a change.
4842  Other / Archival / Re: Global Crypto Adoption Has Grown By 880% on: August 20, 2021, 11:02:43 PM
A lot of people has certainly opened their eyes to crypto this recent year. The growing number of people exposed to some form of cryptocurrency is really good, especially if they are here to get educated and know a lot of facts on cryptos before deciding to spend any money on it.

In the Philippines, most people are introduced to cryptocurrencies thanks to the rise of NFT games. It encouraged them to learn more about cryptocurrencies, exchanges, and everything crypto related since P2E (play to earn) game models are on the rise. They see P2E NFT games as a gateway to a larger picture of the whole crypto scene, and that, IMO is aa pretty good start.
4843  Economy / Economics / Re: Coinbase IPO was the largest IPO in 2021. 86 billion USD valuation on: August 20, 2021, 10:12:52 PM
Albeit being a rough year, we still see a massive interest in crypto IPOs in 2021. It's really incredible to also put things into perspective on how well Coinbase, a company focusing on cryptocurrencies, bested some of these companies that are 'in demand' or have an already established market and audience in the world. I personally think that Coinbase isn't worth that much ($86 billion), but investors think otherwise and they see potential in a tech/finance company that started a lot of firsts in this industry.

I think binance would take a few years to do an ipo though, it's potentially something for about 4 years time but it'll take them a while to get to the point coinbase was at.

I'm also not sure where they'd hold the ipo since a lot of Americans mightve invested because the ipo was in the US, putting binance's in Singapore might make them less trusted and might block US customers from investing too (due to regulations).

Binance will catch up, though with the way they handle things, it would be a long ass time before they get people and enough deep pockets to take them seriously in this route. Too many shady practices still being done on the platform, and I don't think it invites people to invest in one's company.
4844  Alternate cryptocurrencies / Altcoin Discussion / Re: Keep casino tokens or sell for new investment? on: August 20, 2021, 09:20:45 PM
Mainly depends on how well the casino is performing.

If it is still attracting new players and keep on posting gains on their reports, I would keep the token as is and let it sit there for a while, otherwise I would have to think of a new investment wherein my money can perform better and I'm getting the most value out of it being "idle" at one place.

It's illogical to take out the token and sell it for a investment that does not perform even half as good as what the casino token is doing. Plus, it's hard to know which investments are best to engage on at this point in time. Investing isn't for everybody, so why take an additional risk of doing it yourself if a casino token is already bringing you passive income a day?
4845  Economy / Gambling discussion / Re: [Boxing] Inoue vs Casimero Bantamweight Unification Fight on: August 20, 2021, 08:45:55 PM
The new comments of Inoue against Casimero seemed to allude to an upcoming match, though we all know that Bob Arum.wouldn't allow this to happen yet. He would still milk the hell out of Inoue on giving him fights against other big names before matching him up with Casimero who is also hungry for wins yet still a relatively unknown fighter on some parts of this world. Inoue still is primed for matchups with the Westerners wherein money is to be made, and Casimero isn't that fighter yet.
4846  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi Network? on: August 20, 2021, 10:25:43 AM
There are a lot of things that point to it being an obvious scam and them 'mining' people's information instead of people mining actual Pi tokens that would be worth something in the future. I've seen a lot of people advertising the said project and being blind by the fact that the project existed for 3 years without an actual value and token to back it up save for the developers' and project managers' promises that it will be worth something in the future. 3 years, nothing of importance happened to the "network" and people are still into it, lol/.
4847  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy a house in Dubai with DodgeCoin on: August 19, 2021, 07:29:17 PM
Is this still a thing? I came across an article a few months back regarding a real estate firm in Dubai willing to take dogecoin as payment for one of their properties. It was posted while Elon Musk was pumping the hell out of that meme coin. Idk if it still stands true today, especially since dogecoin isn’t really pumping anymore, and its value greatly diminished from where it’s at a few months back. It would be awesome if they still have that offer up for grabs since it shows they are genuinely interested in crypto and moving forward with it.
4848  Bitcoin / Bitcoin Discussion / Re: Liquid exchange hacked to the tune of $80 million on: August 19, 2021, 06:58:35 PM
What I’m keen to know right now is if they will have some form of reimbursement to the users who had their money hacked. While $80 million may not be as big as it sounds when it comes to the crypto market, it still is a pretty huge amount by no means. The exchange is also not as big as others, so it would be a challenge for them to do the said reimbursements.

This further reinforces the relevance of the quote ‘not your keys, not your crypto’ to those who may have lost funds during the hack.
4849  Other / Politics & Society / Re: The recent surge in Covid-19 is making vaccine makers to have a rethink on: August 19, 2021, 06:14:46 PM
Some protection is still protection at all, even if it’s only good for a few months. The thing with COVID-19 is that its spike protein—the one responsible for ‘latching’ itself onto other cells—changes very fast that vaccine manufacturers are having a hard time creating a one-size-fits-all solution. It’s also worth noting that the vaccines we have now are concocted in such a short span of time in order to help control the pandemic. Ultimately, our immune systems are whay’s really fighting the virus and not the vaccines themselves. They are merely ‘triggers’ to our own body’s defense mechanism.

Due to this, many people are hesitant to take the shot, which often leads to conspiracy theories that big pharma is just making money off of this. While true that big pharmas are indeed making money off vaccines, it is still the best temporary solution that we have against the virus, until a drug capable of curing the virus is created, and a vaccine that seals all vectors of infection is concocted. Vaccines work, it’s just that some people are just not compliant with health safety protocols which, in turn, creates outbreaks in the communities. Being vaccinated does not mean you wouldn’t contract the virus, but it lessens that possibility and saves you from severe complications.

- -

On another note, we, at the lab I work in, still strongly believe that the spike proteins of the first variant detected was created in such a way that it changes its set of instructions once it infects a host. It is possible to create such RNA templates with the technology that we have right now. It may sound like I’m wearing my tinfoil hat in here, but it might just be the case. Big pharmas aren’t involved, but someone mean and bad just wants to take control of the world’s economy and be recognized as the world’s most powerful country.

Then again it’s just a discussion that we have amongst ourselves. We could always be wrong. After all, we are merely testing samples of swabs taken from suspected patients  Cheesy
4850  Economy / Gambling discussion / Re: Twitch introduces restrictions on gambling-related links - deadline 17 Aug on: August 19, 2021, 04:05:53 PM
A lot of popular streamers have voiced their opinions on this, and I think it’s good overall given that a lot of audiences watching on the platform are teenagers that might have access to mommy and daddy’s card. A lot of these people look up to these huge streamers, and will do whatever they are doing in order to mimic their ‘greatness’ for a tiny bit.

Or perhaps Twitch can just ask for KYC in order to block or screen underage viewers from mature content, though that wouldn’t work in the long run too. A lot would surely protest on KYCs and Twitch’s viewer count would significantly drop.

This is the best move right now. Gambling promotions can, perhaps, stay in YouTube for the meantime.
4851  Bitcoin / Bitcoin Discussion / Re: Bitcoin for Afghanistan and Taiwan on: August 19, 2021, 01:40:01 PM
Many will come to the aid of Taiwan, that’s for sure. The country housing one of the most important processor manufacturing companies in the world will surely be safeguarded by its stakeholders and those who have vested their interest in the said company. Also, China will have a hard time reunifying Taiwan with the mainland with the amount of pressure from the UN and other countries against the possible invasion. Taiwan could adopt bitcoin for other purposes, but certainly not because China is threatening to invade them.

Afghanistan and Taliban is a different scenario; very far from Taiwan and China. In the case of the former, the citizens were never free to begin with, and most have had no money to bitcoins for themselves.
4852  Economy / Economics / Re: Cryptocurrency and entertainment. on: August 18, 2021, 11:48:45 PM
I doubt there's any one single news that could propel crypto's name into popularity and be the talk of the town for months. A lot of people are already used to crypto news now, even if they don't fully understand what it is or what it does. Forks, crashes, and bull runs are what makes cryptocurrencies pop in the news websites and mainstream media. But these events are also pretty common now that they aren't really something that is going to get the public's attention for long.
4853  Economy / Gambling discussion / Re: 24 Hours of Le Mans - 21-22 august 2021 on: August 18, 2021, 11:18:01 PM
I'm usually just following on the latter part of the race, as that time is when most parts of the car is replaced and the drivers are pushed to their limits. But given that they will introduce LMH classification and this is the first tourney to feature it, it will be exciting to see the engineering behind these cars in action, and their durability to stress and other mechanical factors. Not really following any drivers in particular, but just wanted to see the last straw being drawn on the last few hours before the event's conclusion.
4854  Economy / Economics / Re: Would you be able to take an additional work if required? on: August 18, 2021, 10:20:16 PM
We are already required to take overtimes and take some other admin stuff that we usually don't handle given that we work in the more science-y part of the company.

It's kinda hard knowing that our company already laid off a lot of admin workers and distributed their workloads to us mere handlers of samples and whatnot. The increase in pay is already very minimal in proportion to what workload was added, but I can't really complain much given that I still have a stable job despite being our country struck hard by the pandemic.

I still keep some other things on the side for my additional income even if I don't really need it. I never know when I would be the next in line to be asked to leave. The medical industry is one of the top performing industries currently in this pandemic, but even us who handle bulk of the testing of samples here in the country is still in a very precarious position given the shortness of budget and economic difficulties of the country. Add to that the growing pains of corruption.
4855  Alternate cryptocurrencies / Altcoin Discussion / Re: WALMART is hiring a cryptocurrency product lead ! on: August 18, 2021, 08:33:28 PM
Not certainly Walmart using existing crypto out there but possibly them transferring their existing rewards features and payments over to a cryptocurrency. Those are two different things. Walmart is a huge company, and even if we have a reason to believe that they can take risks and accept crypto on their end any time soon, a lot of legalities would come along the way that will prevent them from doing so.

I guess let's not be extremely hyped about the posting. A lot of huge companies with crypto-related openings in the past hasn't really been able to do change on their companies by adding or integrating cryptocurrencies.
4856  Economy / Gambling discussion / Re: The connection between gambling and addiction behaviours? on: August 18, 2021, 02:32:29 PM
Anything that is way above the normal levels of use can be considered addiction. It may not only be on illegal substances and whatnot but also on gambling and other activities. Once the "hooked" feeling starts, what follows is the "urge" to play more even without enough money to cover the session. Then it will lead to other undesirable things just to get that fill of gambling on your system, until such time that you're already an addict since all you think about is playing and how to play even more, or how to prolong your gambling sessions. There are lots of links, and they should even be obvious, too.
4857  Economy / Economics / Re: Is MFS preventing the growth of Bitcoin? on: August 17, 2021, 05:24:40 PM
Mobile financial services are, IMO, not prohibiting bitcoin growth in any way. They are combatting centralized bank services if anything, and not directly competing with bitcoin at all. People are interested with the convenience and the ease of use of these services, hence why there is a growing use for mobile financial services.

People come to crypto and bitcoin simply because they want to profit off of it, and are interested mainly on the speculative side of things for bitcoin and not really for its utility as a payment method. These are two different things.
4858  Bitcoin / Bitcoin Discussion / Re: Do you still have thoughts of picking Gold over Bitcoin, read this. on: August 14, 2021, 02:12:09 PM
Gold is still one of those assets that will be timeless, given its reputation to a lot of people in this world. I myself would personally not stash precious metals, or even buy a certificate of me owning one, but I still view gold as something that can hold value over time. It can gain value, too, but not as good as bitcoin can. For those who just want to safeguard assets, gold is a good choice, but for those who wanted more from what they have (plus those who are not faint-hearted), bitcoin is the better option.
4859  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin - bull run? on: August 14, 2021, 12:07:42 PM
I personally wouldn't call it a bull run, but generally the crypto markets tend to go active and haywire from July until November. I know nothing of the reasoning behind this but it's been years and this still rings true. No big updates from these coins apart from ETH which did pretty good after the upgrade yet those other coins are still rolling in hot.

Increase in investor confidence on these coins, perhaps? Not really sure, but hey! It's good to see greens on the charts every now and then.

why do i feel like everyone is posting their own stuff here without reading other posts, kinda like bots  Huh

Oh there are tons of them here. Read more topics and you'll see that lots of accounts act like bots.
4860  Economy / Economics / Re: "Crypto is no longer in the early adoption stage" on: August 14, 2021, 11:45:36 AM
Adoption is there, but certainly not enough to state that we've already passed early adoption stage. There are still a lot of ground that needs to be covered and bases that need touching before we say we've moved on. A lot of people still don't have access to bitcoin, and only a handful of businesses are ever willing to accept bitcoin in their shops. Yes, bitcoin may have 'matured' in the market but not in the adoption aspect.

It would take a lot more years for us to reach that stage, although I can see that people, companies, and governments are already starting to recognize bitcoin in a positive manner.
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