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5781  Economy / Economics / Re: US economy suffers worst decline as GDP contracts by 32.9% in the second quarter on: August 05, 2020, 12:40:10 AM
whether the US economy can actually bounce back this year, or even next year as Trump had claimed that the economy will definitely bounce back.
Both the bold text and the not bold texts have different meaning.
For sure their economy will not recover this year since their Fed Chairman said already in an interview that it will take time for their economy to be back on its track. On the other hand, yes Trump has claimed that their economy will bounce back and yes it will like most of the economies but it will take time for it to happen.

Further in more worrying news the jobless claims has risen to 1.43 million people, and this figure doesn’t look good for the US economy in the long run. Lastly with Covid19 yet wrecking havoc on US economy what chances do you see of its recovery in light of these numbers?.
With the trend of the cases in US showing no signs of a reversal, its expected that unemployed people there are slowly rising even though there are some establishments that have re-opened. There are still some establishments who are closed permanently or temporarily.

The only chance that I'm seeing and all of us are seeing right now are a vaccine/cure. This is the only hope that I'm seeing right now in order for this virus to be controlled.
5782  Alternate cryptocurrencies / Altcoin Discussion / Re: How can ICOs come back in the game? on: August 05, 2020, 12:25:23 AM
None.

When I said none, I didn't mean that it is literally nothing but I don't think that there is way that ICO's can make a comeback to this. ICO's are long over already since the start of 2018 and most of the projects at that time already are ended up being either a scam coin or a dead coin until now. Investors have doubts already when they are investing in an ICO because of the scams that happened over the past 2-3 years.

ICO's are not dead either but the success rate of them are very low at this times. For me as an investor, I would better invest my money in the projects that are here for a long time already. Lesser risk although lesser reward compare to ICO's.
5783  Economy / Speculation / Re: Bitcoin on track to 100k according to stock to flow model on: August 05, 2020, 12:14:14 AM
Bitcoin's price to $100k is possible.
The only question is that when this will happen.

Right now we are at the $11,000 price and its very far away from that price but still many are believing that it will be reached. I'm waiting for the parabolic movement of Bitcoin probably at the start of 2021. I'm not expecting for that movement to reach $100,000 immediately as this will take time I think before it will happen. Maybe 3-5 years is my prediction.
5784  Economy / Gambling discussion / Re: 2019 Philippine Basketball Association betting discussion on: August 04, 2020, 11:54:12 AM
Yup, the tandem of Perez and Adams is not tested yet but i have read articles saying that those guys have great chemistry during practice, hope that it could be the same during actual games.

Romeo and Pringle tandem failed because the former have attitude problem i think. TR7 back then is not a willing passer, he always intend to score while having the ball not minding his team mates.
Perez-Adams tandem will not be enough to be a competitive one in my opinion. They must've a good back up players in the roster too. Right now their roster isn't playoff contender TBH. They must get a good trades coming from different teams that will fit in their team.

The Romeo-Pringle tandem didn't worked when they are at Global Port (NorthPort now) not only because of their attitudes but because of how they are playing in the court. Both of them are good in isolation. When both of them are in the court, it will be a mess because they will not pass it since they are both iso-players. Now Romeo changed his game style when he went to the SMB. He is still an iso-player but with passing abilities too. Same with Pringle.

There's no August, NBA might resume by October according to the Commissioner Willie Marcial.

PBA now looking at a mid-October start to season after MECQ delay

The PBA betting will be delayed again, let's focus on the NBA now.  Grin
Maybe you can change the NBA with PBA Smiley

With regards to that article, its expected already since the President has brought back Metro Manila and other places into MECQ again after a surge of cases in the MECQ places. The October resume too isn't final since there is still a chance that at that time, the cases are still surging. Until there is no vaccine, there are no certainties into when is the resume of the PBA.

I know for sure that there are some PBA bettors here who are waiting for it to resume. I'm waiting too Cheesy.
5785  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: August 04, 2020, 11:45:51 AM
~
The other problems that I see too is that:
1. There are some people who are asymptomatic. You don't know if the person you talked yesterday has the virus or not because he/she didn't show any symptoms of the virus.
2. The symptoms of the virus usually takes time before it will go out (most likely 2-3 days) so maybe there is a person whom you talked too which is the carrier already but you didn't notice it because there are no signs/symptoms of it.

For me, gambling online is the best way to be safe in terms of gambling. If you don't want to gamble online or you don't know how to get access into it then it would be better if you will just not gamble at all instead. It would be better for now if you have cash in hand too than risking it in gambling. There is a chance that your money will get lost there.
5786  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: August 04, 2020, 11:41:17 AM
With the current update of @Yatsan, I'm thinking of re-investing my Bitcoins in Yolodice again Cheesy.
Anyway, congrats in that very huge profit that you got. From around 0.0004 BTC to now 0.006 in just a week Cheesy.

Like they said, what goes up goes down like in prices in crypto and so with gambling. When the investors are profiting, there will be a time that their profits will be gone and vice versa. Unfortunately, I pulled my investment when I got a loss :X.

Is there any chance that you will add more investment in LTC or DOGE like @onrise asked? I'm just curious into what will be the outcome of investing in these coins in mid to long term.
5787  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you agree with the experts? on: August 04, 2020, 11:32:48 AM
corona has affected  the economics globally  but has also dampened the growth of crypto-currencies. Until the dreadful disease get wholly wiped off, it is not possible to see any improvement in the crypto market.
Wrong. If you saw already, when the pandemic has started it went down to around $4,000 but months ahead into the present time it is already at $11,000. Isn't it "Improvement"??

This so-called experts are just constantly monitoring the market but in the end, they will just speculate to the market like most of the investors are doing. I'm not monitoring the market but at the same time, I'm not agreeing with these experts (at least most of them). I followed some analysts' prediction but still, I always have my own prediction in case that prediction didn't happen and it went the other way.

Would you like to share some proofs here that you that they are monitoring them constantly?
5788  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunting tips for newbie in joining bounty campaign. on: August 04, 2020, 11:02:53 AM
1. Join a bounty project promoted by reputable bounty managers here. You can try to search a thread here in the forum for them and there are quite few results of them in a list form.
All of what you said are really helpful for the newbies who want to join the bounty campaign but this is for me the best one. For sure, campaign managers have built their reputation here in the forum and they don't want that to get destroyed just because of one scam project. For sure they've reviewed it first before handling it so... yeah for me this is the best.

8. If you have the coins or tokens in your possession and the value is good enough then sell it.
Don't wait for a long time.
This is my mistake when I'm still joining in the bounty campaigns. I choose to keep a small portion of it and then old the large portion instead of just selling it all as they are getting listed in an exchange. My mindset at that time is that I will hold some so that if the project will be a successful one in the future then I can sell it at a higher price but it was the complete opposite. Either way, I still got some profits from altcoin bounty campaigns and bought a phone thanks to them Cheesy.
5789  Economy / Speculation / Re: What will you do when Bitcoin reach$20k? on: August 03, 2020, 11:32:26 PM
Just accumulating more and more Bitcoins Cheesy.

I know that some here will do the same too but I don't think that this will happen this year. Maybe next year is when $20,000 will be reached. Maybe there are some here that has $20,000 as their target price to sell but for me, anytime is the perfect for me to sell because I already separated my long term holdings to my Bitcoin that I've been using to pay some expenses. For me, $20,000 is just a low target price for long term (around 3-5 years) so if your target selling price is $20,000 then you should think twice before doing it Cheesy.
5790  Bitcoin / Bitcoin Discussion / Re: Covid crisis & evolving phases on: August 03, 2020, 11:26:10 PM
Does Coronavirus pandemic will permanently change consumer behaviour towards digital currency?  Huh
For sure people will surely use digital transactions for a long time because of this pandemic but still there are some who will prefer to use physical cash because they don't have any digital cash.

This pandemic surely affected many people globally and the WHO said already that there is a chance that the virus will stay even though there is a cure being created soon. Although people are leaning towards digital transactions right now, I don't think that it will be like that permanently. There will be a time where people will go back to the normal transactions where they are using physical cash but it will take time for that to happen.
5791  Bitcoin / Bitcoin Discussion / Re: Twitter Hackers Arrested! [Updated] on: August 03, 2020, 11:21:40 PM
Rather than sentencing him to jail, they will probably "hire" him in the FBI as a counter-hacking agent
I know only one person who committed crime (more serious than this crime) and currently working and roaming freely. He is Kevin Mitnick (just google search it Cheesy).

I know that this teenager committed a crime but I know that he can be helpful with the other high ranked organizations like CIA and FBI with his hacking skills. The only mistake that he did is that he used his skills in a negative way instead of being a white hat hacker.
5792  Economy / Gambling discussion / Re: Why only Bitvest and 777Coin on: August 03, 2020, 11:14:08 PM
I roam around this forum although I seldom post and I notice that Bitvest and 777Coin upon checking are the two signature campaigns in the gambling industry with the longest campaign and with so many participants.
You've missed some campaigns already like my current signature campaign. Maybe you should browse in services section longer Smiley.

= Are they the only gambling sites that really make a profit from gambling
I don't think so because like I said, there are some long term campaigns around here already. Its just that Bitvest and 777Coin are the longest as of this moment. All long term campaigns are still getting profit for sure.

= Why other campaigns only last 2 to 5 weeks why they cannot sustain
The fact that both of these campaigns have low payrate, that is also the reason why they can sustain it. The ratio of their profit to the total Bitcoin that they are paying are maybe in favor in profit so they can sustain it.
Another reason that I see why they can sustain it is the competition. Most of the new gambling sites can't sustain it because they don't get any traffic in their site but they are still paying the campaign participants. With so many gambling sites already, the competition is kinda tough for me.

= How can Bitvest and 777Coin sustain the campaign
Profit to total Bitcoin they are paying to their participants ratio. This is I think the answer why they can sustain it.
5793  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still sleeping? on: August 02, 2020, 12:11:03 PM
If there is an opportunity, people are saying that "Nahhh that will go down further more, today isn't the perfect time to buy it".
When the price of cryptos started to rise, they will say "I'm afraid of missing out and I know that this will continue to rise so I'll buy and since I'm buying it for long term, I'm still ok if I incur a bit of a loss".
Now when they at a huge loss, they will cut loss and will feel regret.

What I'm trying to say is every correction with the price of Bitcoin is an opportunity for us investors to buy it. When we saw Bitcoin went to almost $4k, that is a very big opportunity to buy more Bitcoin and if you bought at that time your money must be tripled right now. Now you are feeling regret because you didn't take that opportunity Cheesy.
5794  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: August 02, 2020, 11:56:05 AM
~
Aside from the scientists that are working the cure in the US, there are some vaccines that have been created by other countries. Its a rat race where the first to create the virus will be the winner Cheesy.

I like though the move of the government that they will distribute the vaccine to the poorest people followed by the middle ones. We know already that the poor are the ones who are suffering the most right now although we all really are suffering. December is the target date for the cure to be done and with the progress of these scientists, I think that this deadline will be meet. The average time frame for a new antivirus for a new virus strain to be created is 12-18 months but with our technology right now, this maybe shortened.

With regards to the gamblers especially in the US, people are stubborn there to be honest. People are going outside without any masks for some reasons. It will depend on the gamblers like you said if they will risk their lives and still gamble in casinos. If I'm in their situation, I'd better gamble online than going to a casino.
5795  Economy / Economics / Re: In the pandemic economy, tech companies are raking it in on: August 02, 2020, 11:34:08 AM
~
Different companies shined up even the pandemic occurred.

Youtube's revenue is I think expected because many people right now are spending their time watching some videos on it so that they will not feel bored. Quite surprised with Facebook's revenue despite the companies leaving the company because of some problems. With regards to Amazon, I already expected that they will be the ones who will get profit because in our country companies with the same niche as Amazon (Lazada and Shopee) got more customers too because of the quarantine and people can't go out to buy something. With Apple, nothing much to say Cheesy.

Businessman still find their ways to get some profit despite the pandemic that hit the world Cheesy.
5796  Bitcoin / Bitcoin Discussion / Re: Twitter Hackers Arrested! [Updated] on: August 01, 2020, 11:57:26 PM
2 words. Alleged and Accused means that they are not sure that these are the ones who really did the famous twitter hacking incident but anyway a 17 year old hacking twitter accounts of famous peoples and the prosecutor said that this isn't an ordinary 17 year old. Hell yeah!!!! Cheesy. A 17 year old hacker isn't normal but this implies that people who are involved in hacking are becoming younger.

I think that these 3 who got arrested are just puppets of a high profile organizations although I don't have any proofs to see but anyway, I'm curious where will be the bounty of Justin Sun will go Cheesy.
5797  Economy / Speculation / Re: Bitcoin Stable At $11K – Altcoins In Green: The Calm Before The Strorm? on: August 01, 2020, 11:51:23 PM
Its a Wave 5 of a bigger Wave 1 base on the analyst that I've always followed on Youtube.

This is the time where the FOMO crowd is coming saying "It will go higher, it will not make a pullback anymore etc.". We are at the $11,800 when I'm writing this post and the next resistances that I'm seeing are the $12,000 and the $13,000 part. Just be aware with this move because I'm expecting for a bit of a retracement around this month or next month.
5798  Bitcoin / Bitcoin Discussion / Re: Kobe Bryant's death has been used for scamming. on: August 01, 2020, 11:45:08 PM
Just do not understand what do people get by doing all this things, it’s the money they want it , so isn't doing the ethical hacking could help them and they will also get fame by doing good things and helping sites/apps etc by doing ethical hacking instead of this types of things. Now scam is increasing and very easily you can read anything related to such types of things happening around the world.
The fact that the people sees hackers as a bad person is probably the reason why they aren't doing ethical hacking. Only those who are working under a company or a high ranked organizations are the ones who are doing ethical hacking.

In order for the hackers to make money, they will do everything even it is unethical like this. Didn't expect that they will use him for hacking but at the same I didn't surprised that they do it. Anything that can be used for hacking will be used by these stupid hackers. Lets just be vigilant and careful with what we are downloading.
5799  Economy / Economics / Re: Philippines will drop as a Country, Economy on its worst! on: August 01, 2020, 11:36:00 PM
If you have any money left then start buying gold or cryptos because the value of fiat is going to get a big hit if the economy falls rapidly.
If I'm one of those people who are struggling right now, I don't want to buy any assets right now. Right now, it is a survival game where people need to survive in order for them to live another day. This isn't a good advice TBH because people right now needs cash and not assets like gold and cryptos.
we can't do anything if we don't have money that is why it is always important to save some money on the form of savings before making any investments.If we don't have any money then it is going to be hard for sure, our life style will take a huge leap due to pandemic post economic crisis it may hurts but that't the reality.
Well, this is the part where I agree with you Smiley

That is the problem of most of the Filipino Citizen right now. People doesn't have any money saved in banks or in their piggy banks (alkansya as we said). The problem with us is that when we got our salary, it looks like we are a one day millionaire and we will spend most of our salaries doing unhelpful things like drinking in the bar or spending it by buying some useless things.

Another problem too is the salary itself. The prices of commodities and daily needs of people are going expensive while the salaries of the employees are still the same. The recent wage hike in NCR isn't enough to sustain the  needs of the family unless they are just a small one. This is why people doesn't have any savings on their hand.

Making an investment isn't that hard as long as we have the money to use for it but with this 2 problems that we are facing right now, it looks like they will be the ones to suffer in times like this. Anyway, this must serve as a lesson for those who are suffering right now that they must have emergency funds to be used in times like this.
5800  Economy / Gambling discussion / Re: Snipie's gambling investment test on: August 01, 2020, 10:44:54 AM
Table updated.
~
Thanks and yes, hope that positive trend continues!
Congrats on the huge profit indeed. I missed investing in Yolodice right now but nahhh I need some BTC right now to sustain my needs so.... yeah still congrats not only for you but for those investors too Smiley.

Lets hope the run continues and more people lose Cheesy
This is like hoping for the worst towards the gambler Cheesy. Hoping to lose is kinda bad I think but in order for the investors to profit, they must lose Cheesy. Like I always said, if its your time to get profit it will come and if its your time to lose then it will happen Cheesy.
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