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4941  Economy / Gambling discussion / Re: What sports do you think that can resume amid Covid-19 scare. on: May 21, 2020, 04:24:17 AM
Most sports should be quite liable for a return in the scene, it just depends on whether the teams are able to or not IMO. Especially if various teams were actually hit by the virus quarantine. Giving an example such as basketball, if all teams were all to be reported as clear of the virus not just by checking out the tests but rather by viewing the areas they have been from, they can easily see whether it's applicable for the basketball scene to return or not. The audience at this point is secondary atm, since I for one would consider not allowing any audience inside stadiums of games for the sake of safety procedures. Ofc, strict checks could be done but I doubt that would actually be quite enough.

tennis and badminton is a game that really keeps the distance between players but the ball they hold can be a medium of transmission of the covid19 virus, players must really use personal protective equipment such as masks or gloves when playing

actually I really want to watch a sports match, I'm bored with the reruns that continue to air
Uhm, using masks or gloves as playing could be quite a hinder ngl. If you've never tried out sports, just the way of you breathing freely is enough to influence your performance and if masks were worn while in-game, hell, that would impede the way you breathe imo. Even gloves could influence the grip on rackets and the like.
4942  Economy / Marketplace / Re: Dr. Magorium's Mystery Box Emporium on: May 21, 2020, 04:11:55 AM
I message you! hoping I could buy the steam games mystery box  Smiley
4943  Economy / Gambling discussion / Re: The Effect of the Bitcoin Halving on Online Casinos on: May 21, 2020, 02:57:26 AM
Uhhh Number 1 shouldn't be called "secure" but rather should be instead "private". And seriously, the blog discusses about gambling in an overall sense and yet the topic is literally about Bitcoin as an investment. I mean, how far can you even go with that? Gambling uses Bitcoin as a currency, not an investment. They should seriously fix that mindset of theirs. And additionally, Gambling always has risks in them, even if we do take into consideration how blockchain works. Besides, you can't even trace who's what in a blockchain, how'd that made it safe.

    If Bitcoin price rise, as most of us expect, people who like to gamble with Bitcoins will have to lower their bets
probably. For us who play with minimal bets all the time, we will have higher minimal bets, because there's no
lower than 1 satoshi bet.
    Where are big wins, there are big loses too! If Bitcoin price rise and you lost you coins with gambling you will
regret that decision to gamble.
You can't really say that tbh. It's quite an empty argument since, why would you even gamble then? Just friggin hold and wait. Gambling isn't an investment, it's for entertainment. And even if you were to look it as a source of financial income, there's absolutely no need for you to consider whether BTC price would increase or decrease in the future. In a sense, it's like putting the cart before the horse, you're looking at BTC as an investment when instead, you should have supposed to have looked at it as an asset, as something to be used in gambling.
4944  Bitcoin / Bitcoin Discussion / Re: bitcoin is just a brand name :( on: May 21, 2020, 02:16:50 AM
The market cap of cryptocurrencies are less than 1% of the total fiat that we have, hence it can cover all of this however the essence of bitcoin as a investment form will fail if it happens to be less volatile than it is now and will bring the significance of bitcoin as a currency of the future.....
Don't include shtcoins pls, and even if we only take into account BTC, we can split 1 BTC into smaller amounts or satoshis which can easily accommodate everyone and besides, BTC wasn't supposed to be an investment in the long run anyhow, it turned into one because of its high volatility.

My point here is just, the whole crypto is just a 0.7% of the total money in the world. That's it.
Let's take a step back and stop comparing crypto to fiat which the government unlimitedly produces now shall we? If we were to compare crypto to fiat or anything else for that matter just based on the amount or number of that certain asset, how the hell did gold and other such assets survive.

What I want to emphasize is bitcoin as running in decentralized network is not capable of being a universal currency or at least be the 2nd option for payment because we are not using it as currency. The limited supply is what made it on top and this fits to our intention, to make money through volatile asset.

What pushed me to call it a brand name is because it looks like Windows Operating System of the whole cryptocurrency, the primary of the default when you we say 'cryptocurrency'
You're saying it yourself already tbh. "Because of it's high volatility, it was a great asset to be used for an investment, for trading. But because it's limits are currently approaching, it's' volatility is disappearing and hence, isn't any good for investment anymore." Here's the thing, it's supposed to be a currency, hence the name cryptocurrency. It doesn't matter what "our" as you say, intentions were, BTC was made as a currency, not as an investment.
4945  Economy / Trading Discussion / Re: Tips for good trading on: May 18, 2020, 08:41:23 AM
Tip #6 was pretty nice considering we are trading and investing on cryptocurrencies. Most trading tips actually miss such a fact even though we are discussing cryptos, even I miss it sometimes. Though tips are nice and helpful, the experience still is the best teaching material imo. Trading isn't all about winning, it's also about losing. It's like how you won the battle but lost the war kind of thing. If you keep winning cause of a foreign factor, you aren't really a trader and you've probably lost already as one by using some third party influence. Don't be afraid to lose, just be careful about what you can lose. It doesn't really matter what precautions you use when winning since winning is always a positive thing, but precautions about losing should always be noticed and should always be carefully thought of.
4946  Economy / Trading Discussion / Re: Small assets, trade or invest? Good decision? on: May 18, 2020, 06:25:39 AM
If I had the chance, I'd opt to choose both. Of course, this gives the chance of me losing everything, hence I always hold the notion that whatever money I've invested or traded are not mine, at least, temporarily. I start thinking that they are already lost assets and aren't part of my bank account anymore, which makes it a lot easier in terms of controlling my finances. Both have their pros and cons and it honestly depends on how you yourself think. It'd be a lot better of course if your way of thinking aligns with either of the two since that makes your mind a lot easier to handle, making losses stay at the minimal amount.

In your case, Investment seems a lot better. Especially since your need is a long term investment, crypto would do you well. Especially since you've pretty much understood how trading works and want to avoid it, making your decision to be avoiding risk. If you started investing in crypto, there is still a risk, yes, but in the long term, you should be able to profit quite well imo.
4947  Bitcoin / Bitcoin Discussion / Re: Who owns the bitcoin trademark? on: May 18, 2020, 05:54:09 AM
Bitcoin is a type of cryptocurrency, an asset which most of the public could pretty much obtain. It isn't a type of product for sale nor is it registered by a private company. It is a literal for all type of crypto, hence I don't think the Bitcoin trademark could be said as a "trademark". Yes, the Bitcoin logo could be said to be its trademark, but it isn't like Bitcoin is backed by a company or something. Even it's creator made it for public use freely without anyone being able to govern it, hence it can't really be considered as a trademark. Simply stating, Bitcoin is far too generic for someone to trademark it.

You can also try looking up how Mt.Gox try to enforce ownership with regards to the Bitcoin trademark. If iirc, they pretty much forced the idea of Bitcoin as a trademark and that they themselves own it. Not sure, correct me if I'm wrong though.
4948  Economy / Gambling discussion / Re: Gambling hiding, rules ignored. on: May 18, 2020, 04:57:36 AM
Don't really know, I don't leave my house at that time of the night since curfew is especially strict here. Still, it is quite weird for you to even wander inside there, and even supposing they are wearing masks and the like, you should've already avoided places that are crowded with people. If you saw people crowding around, report it to an official around you or something, you aren't necessarily required to become some sort of hero. Just the fact that people are crowding inside a building should be enough to warrant police officials to actually visit and see what's happening.
So you guys always obey the rules of your government? Is that it?

How come the government banned people from entering casinos but did not shut down casinos and allowed them to operate? If a casino is open you can expect people to go there. The rules should not forbid people from playing but casinos from being open.
OP did indicate that casinos should be closed to prevent the spread of the virus. Casino's wouldn't even open it themselves if they knew no one would bother going inside cause of the precautions of the government. Sadly, this seems like a case of people persuading the casino to open themselves, or maybe the Casino opening discreetly and spreading word amongst a selective community. Either way, both the Casino and the players in there are at fault.
4949  Economy / Speculation / Re: Some Interesting pump in BTC on: May 18, 2020, 03:56:45 AM
Stop pushing every recent increase in price as a result of the halving. Even if there was any type of result that the halvings would bring, it wouldn't be that quick. It'd take close to half a year at least to see if the halvings actually had any effect on how the market moves. The market has pretty much shown a bullish trend so far but doesn't necessarily mean that it would continue. You can expect a bullish trend imo in the long term, but I don't have much to say in the short term since any movement is pretty much possible at this point. Additionally, this is just the recovery imo. If the economy of various countries does crash, then you can expect a bullish run since most investors know that gold and BTC are assets you can use to save your finance after all.
4950  Economy / Economics / Re: MENTAL HEALTH ANG WELLBEING on: May 18, 2020, 02:28:26 AM
You can push being mentally strong and physically fit to others but stop pushing the pray to God's idea. Not all acknowledge it and it's basically a form of religious advertisement at that point. Recommend a neutral idea for others such as finding a hobby and spending your time doing that, whatever that may be, recommend a random place/site where people can basically talk to each other without having to introduce each other and stuff like that.

Staying positive is just a matter of mentality tbh. Overthinking takes up a lot of those thinking negatively, and using hobbies to escape from them is just a temporary respite imo but there are also cases where hobbies could answer your overthinking tendencies in the weirdest of ways. It just takes up a bit of imagination.
4951  Economy / Speculation / Re: All Time High:: 2020 or 2021 ? on: May 18, 2020, 01:35:08 AM
If I were to choose between the two, it'd be 2021 and not 2020. If we were to just compare it with how the past halvings went, it needed at least a minimum of half a year to a year before showing it's effects on the market side of BTC. But if I were to freely choose the year, then it's honestly hard to say. I'm more trusting of basing it in past data which as seen, 1 year after the halvings, the market always goes up but there are different circumstances then and now after all. It'd be in any year after this year, but just not this year, that I think I can be confident of.
4952  Economy / Economics / Re: The unfortunate event that is Quarantine. on: May 17, 2020, 11:50:23 AM
Quarantine wasn't the solution? Could you propose an alternative for it? Don't bother answering social distancing and wearing face masks, that's just a stupid answer. With the sheer amount of people that live in a single city, you wouldn't be able to see a proper social distancing event out there. The quarantine IS the solution, but it isn't entirely it. Proper government actions, as well as mass testing, are the answers. Immediately acting and identifying those who were infected, those who could be infected, and those who would be infected are immediate answers that the government must move into so that they could quarantine the virus to only those under it already.

It's a pandemic, not some kind of event or what, temporary loss of jobs is absolutely normal, but I ain't saying it's okay. We have no choice at that front tbh. Additionally, I don't understand how hygiene could fix the said economic crisis by yours, but if it was against the virus, then naturally, I doubt anyone is neglecting their hygiene after all.
4953  Economy / Speculation / Re: Emphasis of true decentralization on bitcoin on: May 17, 2020, 11:16:59 AM
Here's the thing about the fraud activities caused by it being decentralized. There are always pros and cons about something and no matter what, you can't remove that. BTC ain't perfect, we all know that, BUT, we all like it. We all use it, acknowledge it, and want it to be adopted. You can't just put it out as a disadvantage when it could also be said as an advantage, that's just stupid imo. Besides, the ones most at fault with fraud activities are the ones being scammed, the system of BTC totally has nothing to do with it. Hacking, yea you can put it that way. But let's be honest, there ain't a system that is perfect. Everything and anything can be hacked, it's all a matter of that hacker wanting to get caught or not since that increases the difficulty in of itself already.
4954  Economy / Economics / Re: The End of "USD" as the World's Reserve Currency on: May 17, 2020, 09:12:24 AM
Give up in praying that the US economy would collapse from just this. They've pretty much been at the top and I'm pretty sure rarely does other comes close to them. They have quite a big of a breathing space imo, and even if we do say that the US economy is desperate right now cause of the COVID, they'd probably pull something out to fix the problem. They pretty much hold too much power that a setback like this doesn't seem likely to affect them much. Sure, on the surface it may seem like it's actually being destroyed, but who knows, maybe that's what they want us to see. Sides, if the US dollar was to collapse, it wouldn't come from a sudden bout or in an immediate impact, it'd be gradual, slowly and surely and at that point in time, even if the US wants to act, they can't. They'd probably just hold the last edges of the ropes before thoroughly collapsing and being changed by another country as the top.
4955  Bitcoin / Bitcoin Discussion / Re: For me Bitcoin never changed! on: May 17, 2020, 01:42:07 AM
They won't end the story. It's basically how some games have sequels and all of that but the original still remains the best for the hearts of most people mostly because those sequels were forced. Forced in the sense that they wanted a sequel to milk money from the community, same with these forks. Sure, some may acknowledge it's use and may actually be better than BTC one way or another, but in the end, it doesn't have the same concept as BTC is in terms of its future development.  Sides, the community has acknowledged BTC and both of its faults and feats. Even if something comes which is a bit better than BTC in one aspect, as long as it doesn't exceed it in overall terms, then I doubt BTC would become overthroned.
4956  Economy / Trading Discussion / Re: What is the difference between cryptocurrencies and stockmarket? on: May 16, 2020, 09:54:20 AM
Simply said, stocks are mostly investments you can see if they would return something based on judging something. Basically something that can be controlled as long as your paying attention Crypto, on the other hand, is more like gambling. You choose crypto, pray that it drops onto the jackpot slot, and that should basically be it.
Stock is better? Are you sure? May I know specifically on what stocks you are talking about? I am not seeing any stock which provided good returns like how bitcoin has performed in last 10 years. Bitcoin may remain high volatile still it is good for better ROI if you opt for holding it for years.

Stocks may not fluctuate like how crypto markets are usually doing which may be the reason that you are preferring stocks markets at the same time only highly fluctuating markets are opening doors to make money with. I guess crypto is good for both active traders and long term holders as both must be making good returns for their investments into cryptos.
If we're solely talking about the ROI for the last 10 years, then yea BTC was a good investment. But it isn't necessarily an investment that I would take at the time back then. It was volatile, way too volatile after all. It isn't an investment you could expect a good return just by reading it's white paper, unlike stocks where you can as you have and others said, understand it's underlying processes and determine whether it would actually profit or not. BTC is a speculative asset much so that it wouldn't be a stretch to call it a "gamble" of sorts once you start investing. Ofc, we can't say that right now since we've pretty much seen it's performance in the last decade, but who could've said so in the past right?

4957  Economy / Speculation / Re: Personally i think bitcoin is future on: May 16, 2020, 06:38:52 AM
Stop it with the McAffee predictions, they aren't worth the notice tbh. Nextly, you pretty much just discussed the volatility part of BTC, which is in no way IMO a should be part of the future. If it still stays this volatile even when the supply is finally reached its final moments, then I don't know how much it would be worth by then. If your opt to think of BTC or any other crypto out there as the future, you should probably talk about it's adoption across various platforms. Just like how some eCommerce sites have started accepting BTC payments and how Crypto ATMs are out there in a few countries.

Still, when I read about you actually stating McAffe at the start, I should've already understood that this wasn't about BTC's future, it was about BTC being an investment for your future.
4958  Bitcoin / Bitcoin Discussion / Re: Blockchain technology in universities on: May 16, 2020, 05:47:28 AM
Isn't it just pushing the idea even though there's no need to? I mean, blockchain technology is basically a database. A collection of data. And besides, I don't think there's a need for a decentralized system of records, especially in the case of students of universities where possible changes may need to be done. And in all honesty, a centralized system seems way more efficient imo. Even if we do take into account other organizations joining in a centralized system such as the government and private businesses, a cooperative centralized system would still be the same. Or maybe a public organization responsible for the accumulation of every record accumulated.
4959  Economy / Economics / Re: Economy after COVID-19 on: May 16, 2020, 04:30:29 AM
The economy would probably recover, I mean, it has to no matter what. As for the adoption of intangible items or the rise of eCommerce sites and possible removal of physical cash, not everyone is on an equal playing stage to adopt it tbh. Especially on the lower end of the spectrum when it comes to financing, The usage of digital fiat is probably an alien-like existence to them. Not to mention that if and just if the world transitioned to digital fiat usage, would online security be able to cope? I mean, lets be real, there are probably much more talented hackers out there than talented specialists in banks and the like.

Physical cash would probably remain here and there and digital fiat would slowly replace it in the near-decade or so. I'm up for it tbh, a lot of hassle would most likely be removed because of that. Cryptocurrencies is a bit optional by then though, especially since people would probably opt for digital fiat instead of cryptos.
4960  Economy / Speculation / Re: The excitement is over, what's next? on: May 16, 2020, 03:13:40 AM
Nothing much. Keep trading and watch how BTC ascends to another ATH by 2021, if everything goes as planned cause of the effects of the halving that is. It's always pretty exciting tbh, mostly because of the price of BTC changing almost every day. Whether it actually be going up or down, you'd still have your hearts beating quite loudly at that. Not to mention that the road to 2021 is long, and there might be more news that might make the papers by then, which makes the wait all the more worth it. You can basically see BTC right now just steadily being traded, slowly going ups and downs. Hopefully, it follows the rest of how the past halvings went, so really, wait for next year.
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