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5641  Bitcoin / Bitcoin Discussion / Re: Bitcoin legit or not on: October 14, 2020, 12:00:29 PM
The bitcoin comes for over a year and its already give a good investment outcome to different people the reputation and integrity of the bitcoin are already build up so there is no doubt the bitcoin conquer the whole market of the cryptocurrency for over a years, there are a lot of people doesn't believe that the bitcoin exist because they didn't see this intangible thing so they don't believe, bitcoin is already legit and trustworthy, there are a lot of people are using this coin to make transactions to different people over the world. Are you still doubt about the use and if this exists?
You do realize that you're on the Bitcointalk forum, right? What opinions were you even expecting? Heavy criticism? The reason were into bitcoin in the first place because a lot of us don't trust fiat money and central banks.

OP think does not believe in the bitcoin even the creator of the bitcointalk is Satoshi Nakamoto.
5642  Other / Beginners & Help / Re: Is bitcoin just for investors on: October 14, 2020, 09:34:38 AM
Bitcoin today is not only for holding your coin or buying the coin used for earning profit instead the bitcoin today has a different use and one of the best examples with this is like bitcoin atm, bitcoin for spending on gambling and bitcoin as payment for different kinds of stuff like items in the real world, most of them are already adopt the use of the debit/credit cards, I think the bitcoin today is now used for everywhere it depends on the user how they want to spend their most but we cannot deny that there is some people know the use of the bitcoin just for investing only and earning profit with the hodl.

Also the bitcoin is not only for investor instead to everyone because even a child can hold a bitcoin even a hundred-year-old person can hold a bitcoin not only for investors.
5643  Bitcoin / Bitcoin Discussion / Re: How to make old people understand Bitcoin? on: October 14, 2020, 04:28:34 AM
There is no need to explain something to someone about Bitcoin. Many people live in their own world and do not want to learn anything new about the world of finance. Until bitcoin thoroughly enters our life, this information may not be useful at all for them.

If you want to introduce them the bitcoin one of the efficient way is to prove to them what you've already earned because this is the common mistakes of the influencer they are promoting the use of the bitcoin but the problem is they don't have too much evidence the use of the bitcoin but the problem is what kind of range OP want to introduce the bitcoin?. There are a lot of people in the business world who know the use of digital currency and most of the time in my country they are using the bitcoin(not totally promoting to different social media), instead, they know the news related to the bitcoin works.

I share my knowledge too with the same age bracket with me, because some of them are afraid of the use of the bitcoin, rather I influence them to make a secured transaction.
5644  Economy / Economics / Re: Best Solution for taxes on: October 14, 2020, 01:19:42 AM
This is the reason why the government earning money with the use of taxes. This is the reason why your country has a budget to use to build a different infrastructure. If all of the people today now are using cryptocurrency as a transaction with the use of blockchain to prevent the taxes for sure many countries today will ban the use of the crypto because the country is not earning. Also we are only using the blockchain like a cloud database or cloud storage to make more easier to access the information but at the same time this is secured.

Besides, if this were to happen additionally, it'd either be exchanges working with the government right now, or the government would create their own, and probably ask down to close those private exchanges, which is ofc absurd imo.

There is a chance might happen because AFAIK there are a lot of countries have a centralized exnchage at the same time they are earning with the use of cryptocurrency so they don't need to worry about the taxes because they are earning with the use of transactions of their different users.
5645  Economy / Economics / Re: Show me shops where i can spend crypto ...crypto is useless... on: October 13, 2020, 12:57:50 PM
There are a lot of today are accepting the use of the cryptocurrency in their shops, Also recently there is a thread on our Local(Pilipinas) created1 by Asuspawer09
Some of the stores in my country already accepted the use of it, and soon after the covid I will visit those if I have time.


Also, you can try to visit the huge list2 of ratimov about different exchange which uses debit cards and some of these are accepting the use of the bitcoin as payment. Right now I'm using the MCO Crypto. com to buy different things like voucher into grab and more stuffs.
Ps. Im not promoting the website this is included to the huge list if ratimov too.


1. https://bitcointalk.org/index.php?topic=5261087.0
2. https://bitcointalk.org/index.php?topic=5280997.0
5646  Economy / Trading Discussion / Re: I'm very worried about my Crypto Trading. on: October 13, 2020, 11:01:48 AM
I think you are having a hard time regarding the trading I think one of the best ways is to stop first.
Why?.
I think you still lack knowledge and ideas with the use of trading, this is base on my experience and opinion only.

Before I start in trading some of the people around me who are already experiencing the use of trading you need to research about the coin you want, next is looking for news, articles and any update on the coin you want, also learning trading strategy may help you a lot to learn more techniques.

During trading, you need to make sure you applied all of the knowledge you acquire. IF you made a mistake always learn from it and don't ignore this. Another note if you think you already losing don't hesitate to pull out your position if you think you still confident why not go.
Trading is risky, it depends on your feeling how much earning you could get. You cannot escape risk but you can prevent having a higher loss.

5647  Local / Others (Pilipinas) / Cryptocurrency scam. on: October 13, 2020, 09:29:12 AM
Recently ay may na experienced na tayong different hacking of youtube account at mga kilalang mga twitter internationally na biglang na lamang nag po-post ng mga di inaasahang pag supporta sa mga cryptocurrency scam. Ngayon nais ko lamang ibahagi sa ating mga bagong miyembro sa forum na nais mag invest sa cryptocurrency dahil ngayon ay talamak pa din ang pagkakaroon ng mga youtube live vidoes about bitcoin, ethereum, ripple at ibang pang give away.

Sa pag lilibot ko sa youtube ay biglang may ni-recommend nitong live at ito nga ay ang ethereum give away.
Sa mga baguhan pa lamang, iniiwasan natin ang mga ganitong klase ng scam.


Ano nga ba ang kadalasan nilang nilalagay sa mga ganitong bidyo para mang inganyo ng mga viewers at investors?
Ilan lamang ang mga ito sa mga gasgas na nilang nilalagay para mag promote ng scam.
  • This is safe
  • 100% secured
  • Can double/triple your investment
  • within a week cash back
  • We bring the name of elon musk

Ito ang youtube live kung nais nyo din i-report.
Code:
https://www.youtube.com/watch?v=IDYsqvmOJLg

Related topics :
Another Pinoy Vlogger Channel hacked after Dogie's case, Ripple Involved
5648  Bitcoin / Bitcoin Discussion / Re: Bitcoin Not User Friendly Yet on: October 13, 2020, 03:48:52 AM
Bitcoin Not User Friendly Yet
~
Maybe bitcoin is not getting user friendly or beginner friendly because if you have no perseverance as a businessman/woman then you are just going to waste yourtime with it and it will only make you spend money for nothing because bitcoin is not a playground where anyone can enter since it is very complicated and you have to be a better trader or holder if you want to survive. Every businessman/woman has a characteristics of having a long patience.

Its too hard to give an introduction to the people who want to join bitcoin but they don't have a will to learn. The bitcoin becomes a user friendly to those people who already know the use of it because they already experience the different benefits of it. (AFAIK there is a thread tackle about the benefits of the bitcoin). If you are just a newbie you need to learn with different things better to understand at the start or the core the bitcoin so you can follow the next generations of improvement wit the use of it.

Right now the bitcoin takes a lot of adaptation came from different establishments also recently there are different bitcoin atm to make more convenient to withdraw the funds.
5649  Other / Archival / Re: [Merit] Help newbies and those who have a little left to the next rank on: October 13, 2020, 03:02:58 AM
Not to spoil your mood but the amount of merit you have is not near the mentioned merit. If you did have merits like 240+ above which is nearly to rank up to sr. member so ratimov didn't send you merit. It's better you should increase your merit then join here again then i'm sure you'll be eligible to participate.

At the start of this thread, I already told to Ratimov I want to join this event but at that time I didn't submit because I'm just recently rank up to Full member, I drop my application because I'm too close to the next rank achievement.

Rank: Full member
Amount of merit: 237 244
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2762272
5650  Economy / Trading Discussion / Re: Trading in the pandemic on: October 12, 2020, 12:43:44 PM
There are a lot of people even pandemic are making trade and there are nothing changes with this because a trader uses the market volatile of the market if you are just a trader would like to make a huge amount of profit I think this is a good time because the market today are having a strange movement previous the market mark of the bitcoin comes into a 10.6k and right now there is another trend comes up into 11.4k unexpectedly.

Trading especially this time has a huge benefit because you know where the market is going from the first experience that occurred during the pandemic, but also one should always be careful because the market can change just in seconds. For me I take this pandemic as an opportunity.

Trading can be done at any point of time and yes before that one should be able to know and learn about trading. For a newbie directly trading could prove fatal because one can easily lose their money in quick time if do not have any experience or knowledge in it. So, learn the art of it and trade only with limited amount initially till one gain good knowledge and experience on it.

There is a lot of newbies who want to make trade too well they want to earn with other big-time traders this is a good idea right? but the problem is they want to become big earner at the same time so they are using different techniques like using a trading bot, making a trade at their own selves without having a prior knowledge by this they create a mistake and causes to lose their funds. Even we are giving them a lot of suggestion and opinions still they are urging to earn immediately.
5651  Bitcoin / Bitcoin Discussion / Re: Some of the benefits of Bitcoin ... on: October 12, 2020, 09:15:49 AM
Right now there are a lot of benefits with the use of the bitcoin, and this is the reason why most of the people are using this coin, I think I can write down some of them.

1. No tax - this prevents to pay a large amount if you are transferring your funds.
2. Fast transaction and transparent - you can monitor the transaction if this is already confirmed
3. Can use to buy real things - there is some crypto platform support buying stuff with the bitcoin.
4. Secured - with the use of the bitcoin wallet.

There are a lot of benefits with the use of bitcoin, also based on my experience this is the reason why I'm using the bitcoin too.

5652  Economy / Scam Accusations / Re: Bitcoin SCAM on youtube right NOW! on: October 12, 2020, 03:43:41 AM
I already created a lot of threads with this kind of bitcoin giveaway scam, most of them are already taken action with the youtube but every day I browse on there is another channel making live with a bitcoin scam, there is another advertisement with this bitcoin scam.  I think the youtube must need to prohibit this kind of channel-related on these scams. It's better to report them immediately so the youtube security will notice immediately.
Scammers wont stop as long as there are people who can be easily convince and fool.


This is the problem too right now because there are beginners intro cryptocurrency are getting baited and scammed with this youtube channel after that they are now ruining the use of the bitcoin and other digital currency because they think its already a scam and they are now giving a bad image with the use of the bitcoin.

I think one of the examples I saw is like this People Say btc is Not ponzi but its look like ponzi
5653  Economy / Speculation / Re: COVID-19 Vaccine Will Cause Bitcoin Crash on: October 12, 2020, 01:14:45 AM
At the start of the year, bitcoin comes with a good market price and because of the pandemic outbreak there are a lot of people getting scared and pulled out their funds, and what is the reason? because the market of the fiat currency falls down, of course, it will fall down because of the temporary stop operating of different establishments in the different countries to give way and let the government and over the world heal, and remove the virus. But the problem is we didn't expect that this will be going for a long time. After the fiat falls down the bitcoin falls down too.



I don't think so that the bitcoin will go up or down IF we discover the virus immediately because I think it doesn't relate anymore, also the bitcoin is on the part of the digital currency not in fiat.
5654  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 06/10/2020 on: October 12, 2020, 12:59:23 AM
Few steps away right now to the Senior member rank, before it happens I would like to share my merit right here so I can see the progress of my achievement.
8 merits away lets go!

5655  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency for Trading on: October 11, 2020, 11:41:09 AM
Trading is not a passive income because that is very risky and you should still observe the market time by time, You will lose your money if you considered trading a passive income, it seems like you still need good knowledge about how to trade. This lockdown makes many people focused on cryptocurrency because of being jobless but we should still be careful about investing and trading in crypto especially if we don't have enough knowledge about it.

Staking will still be the best passive income for me on which you are just only need to hold funds on your trusted wallet to support the blockchain security an you will be rewarded.

There are a lot of newbies today are wanting to make a large earner with the use of trading but the problem is they don't want to take the essential on trading because they want the most and easiest way to earn with this but the problem is they spend a lot of time and money by just having too much mistake.

For me trading still is the best than way to earn than staking, this is for people who use the market volatility.
In staking they are just holding their coin without earning.
5656  Economy / Economics / Re: What is the cause of economy rise and fall. on: October 11, 2020, 09:02:29 AM
There is a lot of impact on the economy rises and one of these are the:
1. Import
2. Export
Also, we experience this recently on the fiat currency there are a lot of economic GDP falls down because of this pandemic the shortage of the supply comes down and also the transactions from different places temporary close or prevented due to this pandemic to become safe all of the people.

Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of the government, and population of the country. What is your suggestion
Both population and government make the economy rise and fall, the leadership of the government will decide their economic status and if their population is following all of the rules of the country. The relationship of the country to other country is also good for having a good economy, if your country is globalized then for sure your economy is high as well because of so many good transactions to other countries, good export and import are needed to gain strong globalization which result of a good economy.

Also, there is an impact too how does the government manage all of the people and the whole community and country if they did not manage this properly for sure there are a lot of shortage could possible happen, also the supply of the foods, and another kind of paraphernalia and sanitizing equipment. AFAIK there are rules applied that only limited to three (3) items only per buyer in malls.
5657  Economy / Gambling discussion / Re: Are you a high roller? on: October 11, 2020, 07:50:57 AM
It depends on the situation what are you going too, IMO I'm not good at the higher roll because every time I play in just a small value of money mostly I won but if I go with a higher roll mostly I always lose this give me a lot of problems so I prefer for safe play.

Those high rollers almost had nothing to fear.
I guess, what they are thinking is that, if they lose continuously, they will just bring their money back from a single win, given that the bets that they are betting is high.

This maybe true if you have a large bankroll but for the small or medium gamblers, this strategy is very risky. If you keep on putting more money in to gambling after continuous loss, there may a chance that you still don't win and keep losing. Many gamblers have become bankrupt because they keep on investing in gambling with a hope to win big, which never happened for them.

Because of having too much confidence in higher roller, I think they just ignore the higher money wage because you cannot earn double, triple, or any times XX multiplier if they did not risk anything. Playing gambling is risky and you are always vulnerable to lose all of your assets.

In fact, staying on high stake slots are not good luck for me. Sometimes it causes me stress. So, I lean towards penny slots most of the time while playing. In the case of roulette, always I limit my bet from 10 cents to 10 dollars, it gives me so much joy and doesn’t have the fear of losing lot money.  Smiley


Some people get the most out of their sense of risk. For example, they wager a large amount of money and get the adrenaline rush of realizing a possible loss/win. Your game strategy is good, but it won't work for those people. Maybe there are many such people among high rollers.

You can experience a lot of emotions when you start into a higher role, fear, doubt, and nervous like if you are winning or losing your money, this gives a different excitement to your self. For me I just wage for over 10-20 dollars every time I play.
5658  Economy / Gambling discussion / Re: Do you believe NBA is rigged? on: October 10, 2020, 03:26:36 PM
The higher authority is from the government side and they would not investigate if there's no complain and concrete evidence on the accusation. NBA has been existing for decades already, we have heard a lot of conspiracy stories but until now it's still not proven.

If there is a complaint related to the NBA competition and it looks suspicious, I am sure the higher authority will investigate, and they will search for the evidence to find out what is going on. They will join with another government agency to work together and solve the complaint. Maybe that will difficult as they will face the corrupt officials who cover that rigged. But that will only a matter of time before the rigging in the NBA can found it.

The community of the NBA are so huge and also there are a lot of people support this because every time the NBA starts the fans of basketball and supporters of different team's are now again into the hype I don't think so if the NBA becomes rigged they already build reputation into the field of basketball also this is a sports game there are rules within there is  violation of there might happen a transactions between those teams or an event.

5659  Economy / Gambling discussion / Re: Sports Betting vs Real "Sports Feelings" on: October 10, 2020, 08:52:40 AM
I think a fan of a certain team follow it because he is a real fan and not because of gambling.Rarely I have seen fans that are fans of a team because of gambling.Surely there are these type of gamblers that watch the events they bet on but they are not real fans.I personally follow my team in every game they play and I rarely bet on them.
this differentiate the two either the one is a

"real gambler" in which betting in a team he thinks will win and no care of being a fan in a certain game.

While the other is

"Real Fan" in which this person will Bet on His team or Fighter no care if it win or lose important for Him is the support he shows for His team.

So in this case it is depend on which of them are betting unto whom.

This gonna be a good takedown with this comparison a real gambler always aims for the money and the profit, also they are supporting but the main object is the profit.
A real fan always supports the team even they have a bet or wage with this no matter what happens in the game still they are supporting and on the side of the team.

Im on both sides but still my objective is to earn we need to wage money because we want to double this not to lose this we are not wasting money.

I personally do not depend on my idol team when betting because it is not a guarantee and depends on the opponent, the important thing is I do research first on previous matches when I want to bet on any team and follow my conscience to be selected.
When my idol team plays I just watch and enjoy the match and give support and that doesn't mean I bet completely on my idol team and it all depends on the situation.

Sometimes the crucial decision to wage is on your favorite team and the same skills theme with them. This gives doubt to wage or not because the chance to win is too much risky.
5660  Economy / Gambling discussion / Re: Are there any truly safe bets in sports betting? on: October 10, 2020, 06:56:01 AM
Safe bets are bet with high probability of wins. That doesn't mean the team can't still not lose and when they do, you end up losing more money than you have won. This is not rocket science, it is natural phenomenon and that is more reason to also analyze bet based on some factors such as injuries, formations, players available for selections, referee etc.

There are some bettors are stating that "this team will win for sure", "Nah this team", "trust me its 100 percent sure they will win this game". These statements are common in sports betting we cannot underestimate the skills and the strategy of other teams sometimes they made history gameplay that we called as the comeback, you can't tell or call too early a defeat once the game still ongoing, I experience this on the NBA Finals with the Golden state warriors they made an amazing comeback on the finals.
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