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4861  Economy / Economics / Re: Covid-19 effect on your country's economy!!! on: June 30, 2020, 09:42:06 PM
As far as I am concerned, and have already witnessed this past months of the covid-19 pandemic, there is really a great impact on the economic state of the country which I do belong and what I can say is that the effect is negative into which there is a certain declination on the economic state of my country for the fact that we have undergone a community quarantine which brings people to just stay at their homes so business establishments are close and works have been postponed which results to the stopping of the goods and services production.

This pandemic makes the poor become poorer that is really awful but still a big thanks for the government for doing actions to help those people out to survive even at this pandemic. But still I cannot deny the fact that this pandemic brings out the negativities even more because of its strong impact on my country's economic state.
4862  Bitcoin / Bitcoin Discussion / Re: Why people are happy only when the price goes up? on: June 30, 2020, 09:10:02 PM
It seems that people only appreciate the importance of the coins when it is on the rising spot specially for those who are holding coins already. Actually people are always happy that the ones they invested or have spent their money with goes up for the sake of earning profit in exchange. That was just normal reaction for people since everyone do really want to earn on this industry. But we must not just only focus or appreciate when the prices goes up for the fact that when prices goes down gives other people to buy at a lower rate of price that is more chances of obtaining coins that will be hold and sold once the price rise up again. Actually the appreciation when the price changes depends on the individual himself because most likely, there are different ways how an individual sees it when the price goes up and down. It is just that both ways are beneficial depending on the goal you wish to attain.
4863  Economy / Economics / Re: What if this pandemic persists till the end of the year? on: June 30, 2020, 08:34:48 PM
It's almost 6 months since the coronavirus took its toll on every aspect of human lives. it has been accompanied by widescale job loss, a rise in the unemployment rate, a reduced standard of living, and intense hardship. From the economic perspective, what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?

Right up to this moment, there are already countries who have opened up their economy for the reason that the economic status of their country is already struggling that they seems to be not taking it any more specially its people so they are already opening establishments slowly on a minimal capacity so that production of goods and services would take place bringing people to get back into their works but with the consent of implementing strict precautionary measures to ensure the safety of the workers and the people visiting the establishments.

If the pandemic would still persist at the end of the year, then it would be so hard for the whole world to lift up the economy since most countries are affected by the virus. But implementing the "new normal", would really be a great help to somehow lift up the economic state even pandemic is still on.
4864  Economy / Economics / Re: How in the world we going to restart the world economy ? on: June 30, 2020, 03:37:28 PM
Actually the recovery of the world economy will be a tough task to be done since almost all countries around the world is affected by the pandemic so it would be a challenge for everyone to make things work out for the recovery of the world's economy.

To restart the world's economy, it will be in need that every country do help each other out by doing tradings, exportation and importation of needed goods that will benefit each and every one because at this Pandemic, the importation have been in minimal state to take precautionary measures not to spread the virus. The recovery would start once the economy of every countries will start to get back into a normal state which might happen in a slow process once this pandemic is done once cure have been discovered.

Once all of the solutions have been turned into actions, the process will took a slow implementation for the recovery of the world's economy. But for now, it is still hard to say now that number of cases have breach the 10 million mark.
4865  Bitcoin / Bitcoin Discussion / Re: Is Blockchain a Good Career? on: June 30, 2020, 03:03:13 PM
Yes. Blockchain is really a good career and opportunity as well but that was if and only if you have strong foundation, skill and knowledge about it. But that can be still acquire based on experience and as time goes by. It is a good career just like the other jobs out there wherein you still also need to exert time and effort to grow on exploring the blockchain.

Actually everything that gives you good salary added by the happiness brought by passion of loving what you do can be considered as a good career. Well, since I experience all of that, I can consider blockchain to be a good career for myself. With the advent of the modernized technology we have in which blockchain is in line, having knowledge and studies about blockchain is really that useful to be considered as a good career.
4866  Bitcoin / Bitcoin Discussion / Re: How the wallet is hacked, what should I do? on: June 30, 2020, 02:46:10 PM
Many people fall victim to a hack and this causes them to lose all of their cryptocurrencies
But how do the hackers enter the wallets that have a very high level of security?
Unfortunately, it depends on the ignorance of some people, not on software methods.
For example: When a message arrives in an e-mail requesting the private key, many beginners will respond to this message and send their key, which is really sad.
 
Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns
 
Do you have any other suggestions?

That is why beginners must educate themselves specially they are new into this industry so that other people specifically hackers won't be able to stand a chance of taking advantage of their weakness. Actually the real safety of your wallet and account literally depends on you (owner) because you were the one who have created it and the main task you have to do it to take full responsibility of taking good care of your private informations.

All the suggestions stated by the OP above is agreeable to be done to avoid getting hacked. NEVER ever do entertain strange emails for there are lots of possibilities that it is a scheme to get your funds so if you were just a beginner, the first thing you must do is to keep yourself aware of the things that are unusual. The entire safety of your wallets lies on your hands so better educate yourself and be responsible on handling your wallet and account.
4867  Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading? on: June 30, 2020, 02:31:31 PM
Try to avoid your previous mistakes in your future trades so you can make some profit and also get confidence about your own trading skills. In my opinion we can trade better if we trade with little amount because we can go for better margin with no worries even if we lost we won't lose our hope on it.
Yes! experience is always the best teacher here in trading, me personally I committed a ton of mistakes in trading and still doing some, but by learning from my past experience I am now minimizing the mistakes and same as the risk of losing money. And in addition, you can learn also from the mistakes of the others by reading here in forum and watching YouTube videos. Trading is always unpredictable but, you can minimize the risk by learning how to control it.  Smiley
4868  Bitcoin / Bitcoin Discussion / Re: Created an app to promote ₿itcoin on: June 30, 2020, 01:39:49 PM
This is a good creation mate!!! I am a IT student right now and I think I will try making one of this project on future! This is really good that your passion on programming and bitcoin is can be combine to a simple project.  Smiley I hope will download it right now! and I am hoping that this is going to be posted on app store/ playstore to raise awareness on bitcoin and for the knowledge.  Grin
4869  Economy / Gambling discussion / Re: [Alert] Scam attempt in the name of gambling house and moderator on: June 30, 2020, 12:34:38 PM
This kind of scam is very popular! not only on Gambling website but in trading websites also, I have an experience when they have a promo that when you deposit the x amount and then, you will receive the x amount of welcome reward. Sadly I became victim of this and I hope there's no more people that are going to get scammed by this scheme.

Don't believe on any free money promo that requires you to deposit.  Smiley
4870  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: June 30, 2020, 11:46:07 AM
If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .
That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.


The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.  Smiley

I'm not sure if there's a passive investment that would guarantee a 5-8% per year of return, are you referring to investing your money in the bank or saving it like a time deposit? I think I would rather choose investing in casino since inflation will definitely affect the value of our money even if let's say it will receive an interest yearly at that rate.

As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

Yeah, It's like in the bank and same with cryptocurrency when you are staking for example on binance, You can stake stake your money/crypto there! There's an option when you are going to stake crypto or USDT which is a USD representative in crypto there.

Yes, the gain is unstable yet, not that risky.

So here's my update for week11!!

What are your thoughts this week?  Grin
I've been wondering on how's your bustadice investment, did you close it operating?

Sadly, yes. Needed to scale on of my business and needed extra money.

Here's my update regarding that:
https://bitcointalk.org/index.php?topic=5239794.msg54616214#msg54616214
4871  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: June 30, 2020, 09:09:22 AM
If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .
That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.


The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.  Smiley
4872  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: June 30, 2020, 04:33:29 AM
So here's my update for week11!!

This is the update for Yolodice:        

This is my total profit for:    
BTC: 0.00264923   
USD: 154.06
PHP: 7,459   



Here's the spreadsheet:





Same with the last week, we got dumped and loss a few dollars this week. Hoping that it will turn around for next week  Smiley

What are your thoughts this week?  Grin
4873  Bitcoin / Bitcoin Discussion / Re: What was your experience trading cryptocurrency? on: June 29, 2020, 02:53:29 PM
Mine was painful. whenever I am starting a leverage trading to be specific, I always win on the first or second day and after that the loss will really hit me hard on the following days and I will just ended-up losing my funds for my trade. On the normal trading, I am just aiming for long term there, but yeah, the leverage trading is risky and I am always losing there. My advice for you guys is just take leverage trading if you have extra money or you are just really good in trading.  Smiley
4874  Bitcoin / Bitcoin Discussion / Re: Who got the 10.000 bitcoins for the 2 pizzas? on: June 29, 2020, 02:49:37 PM
And if you Google just a bit, there are more details that might be interesting for you -> https://en.bitcoin.it/wiki/Jercos, https://bitcoinwhoswho.com/index/jercosinterview
The very nice concept he added on that interview "Bitcoin as a currency is meant to be spent.", fairly simple but that's the way it is. Though he hasn't hodl most of it (I guess) he really made a history that revolutionizes how bitcoin was used for. Hats off for both of them.

And in addition that transaction have a great contribution to the bitcoin economy itself, imagine if those coin has been hold by the same person and got dumped in a one big sale and also, if that transaction never happen maybe, the bitcoin will supply and demand will not function really well just like what we are seeing today. Those two men are legends and belongs to the great history of bitcoin  Grin
4875  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The XRP price is headed for $ 0.24 on: June 28, 2020, 01:19:26 PM
soon Ripple will touch $ 0.24 if Bitcoin is still stuck at the price of $ 9000 and does not go down from now, and also for the price of the Ripple should be able to breakout from falling wedge, I myself still monitor it, because the current condition of Bitcoin is still very volatile

   I don't see direct connection between Bitcoin and XRP! XRP can touch $0.24 soon, but what is there for me when I bought
over $1? I know it's my mistake, I expected much more from XRP, but looks like it's struggling to survive.
I can clearly see that the XRP is moving without bitcoin's influence, you see XRP now moving opposite as the bitcoin but I admire its resistance although on a low price. Too bad for you that you bought it while it sits on a dollar, so now you are -80%. As far as I remember, XRP only touched a dollar in 2018 so you are really holding it now for 2 years? don't waste it up man.

   Can we expect XRP to recover? I hope so, I didn's sell, I wanted to, but I said to myself keep it, what happens will happens,
if it goes to zero alright, if it recover it would be a good thing for me.
If the market goes wild again? if the bitcoin goes to the moon, if the price of it come to reach at least $15K? then the whole market will be on fire again you'll see greens in all direction for sure.
It is hard to speculate now but crypto does it job when we are doubting on it, see how the alternative coins growing now they are all amazingly recognized by the investors, good for the whole community.
4876  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: June 28, 2020, 12:46:45 PM
Bustabit is a good site to invest into also. Yes its not a dice site per se but it has loads of volume and players. It has a dillution fee but I think volume wise its hard to find a site like it.
OP had already remove his investment with Bustadice, I think he is only focus now on one site which is Yolodice, what he is doing not is he YOLO on this gambling site. Poster above you has a point, he cited that investing in one site alone is not a wise idea since anytime they could go away and take your money, but then, since we are investing here, we also take it as gambling so we can afford what we will lose.

Bustadice is a bad choice if you are going to invest there, the volume of investor and the bankroll itself is really big so you are just going to get a 0.001 or less fraction of the investment itself there. I Highly suggest that go to Yolodice since it's establish gambling platform and their bankroll investing is just newly open, so you are really gonna get a good deal there  Smiley
4877  Economy / Economics / Re: Rise in US unemployment. Thoughts? on: June 28, 2020, 12:03:18 PM
The pandemic has been a technological equalizer of sorts, where people previously unaccustomed to using tech tools in the work place have had no choice but to adapt. and in some cases, workers are becoming more efficient. "people have been more patient in learning new technologies and engaging with them, simply because they had to, i think we're all developing new muscle to work virtually.

To that end, expect a generally more agile way of working and communicating with colleagues. more meetings will become emails, and more emails will become instant messages.  
I'm wondering where you get the quotation, but then it turns out that you just copied it on the internet which is against of the forum rules.

Why do you need to plagiarize? I just found the source of your post where you plagiarize it. Why do you need to plagiarize man, I mean every opinion of ours count here in the forum. You should have closed that apostrophe  Wink now say goodbye to your account.
4878  Bitcoin / Bitcoin Discussion / Re: A lot of Americans still don't know what Bitcoin is on: June 28, 2020, 11:50:40 AM
There is nothing to be surprised. Still there are a lot of people around the world even did not hear about Bitcoin and American people are no different of course. Even those who heard about bitcoin to them it's a scheme or something which will pop up soon.

We are sill in the early stage of bitcoins.

Up until now, people who are into crypto is a very small percentage among global population. So yes, it's not really surprising even if we are already in the digital age. Maybe a lot of them have heard bitcoin, but I don't think ethereum will be familiar to them. The thing is, even if they heard about bitcoin, they don't even know where to start, or how to deal with it.
Or maybe they already heard about it but didn't try to look forward to it or they are not interested at all, coz even if we adopt bitcoin to a new level there would be more people that will use fiat and other payment method than cryptocurrency. The crypto community now is in its biggest since the beginning, but it does not mean that the world already has it. It is global, yes, but not everyone knows about it. However when you tell someone or said the word crypto they will mostly think of the bitcoin. If someone really wants to know it, they would not mind searching to it.

But if big companies will start to accept bitcoin and other alts as payment method, maybe it will start the adoption stage to the masses or regular online shoppers.
As far as I know there are already companies who are trying to adopt it, the most recent rumor is with Paypal and Venmo, I honestly think they could really help crypto to grow.
4879  Alternate cryptocurrencies / Altcoin Discussion / Re: Etherscan or Ethplorer on: June 27, 2020, 06:59:14 PM
These two looks pretty similar to me but I use etherscan more often because I discovered it first before the ethplorer, I don't know maybe I love the interface of etherscan? some says etherscan's interface is better than ethplorer but it does not matter at all as long as we are utilizing its purpose for a service. I've heard there are tokens that isn't readable in ethplorer, I haven't encounter this yet but there are numbered complaints about it though and this goes the same in Etherscan, I don't know the reason behind maybe it is not updated yet or whatsoever.

You can use what you like between these two, depends on what is more convenient for you  Wink
4880  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Crypto online stores? on: June 27, 2020, 06:24:15 PM
In my country, We use an app called Coins.ph, It's basically a virtual wallet that you can use like a credit card. You can buy load, Pay for restaurants, and more. So it's a great thing to have you don't want to carry a wallet to crowded places.
I have coins.ph too but I haven't use it for paying in a restaurants or any kind of store, I only tried buying prepaid load to it coz it has a cashback promo ( 10% ), I'm just wondering if anyone here would really spend bitcoin like for hotel reservations or restaurants, I mean you know guys how anxious we get once we withdraw bitcoin coz we always think the what ifs.

I know there is a thread here where he paid his hotel reservation with bitcoin, As far as I remember it was on January this year, now stare at the price in January to May and calculate how much your hotel reservation costs now. I don't want to feel sorry to myself.
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