Given that most casinos are situated within the capital region where most of the infection occurred, I don't think it's a good idea for PAGCOR to consider reopening gambling establishments for the sake of the economy. The risks are far greater than the rewards, and might even force the government to install yet another series of enhanced community quarantines in the region where it is most affected, and people can no longer afford that.


The establishments you've mentioned are closely-monitored by local government officials and strict implementation of the guidelines proposed by IATF is always observed. Also, these are essential establishments that people need to go in order to get their supplies and food, so your point is moot. Gambling establishments with closed-air ventilation (most of them are) are giant petri dishes of virus that can potentially initiate a super-spreader event just like what happened in South Korea.


Exactly, that's why the economy is slowly but gradually being reopened with important businesses being prioritized first. Casinos are establishments which most people can live without, therefore not really important to take some hastened reopening.


Jokes on you, high-ranking government officials and people of all sorts can enter these fancy casinos provided that you just dress nicely. You don't even have to show money in order to get in. Also, the virus does not discriminate between rich people and the commoners, so this argument shouldn't even be put forth.

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Again, casinos promote mass gatherings of unimportant matters. People hold things in there that are necessary for their gambling exploits which could pass the virus more often than they can even blink. I get the sentiment that casino employees are currently out of revenues since the lockdowns were imposed but aren't most of the citizens on the same page? For now, most people will agree that physical casinos are UNIMPORTANT to our society given the situation. They bring in revenue but are revenues more important than public welfare and health safety? I think not. It's great if people will actually follow the guidelines strictly, but most of it will be forgotten inside a place wherein anyone thinks only of one thing and one thing only: winning the jackpot.

Firstly, welcome sa forum at mabuti't dito ka tumungo para sa mga katanungan at kasagutan na hinahanap mo!

While may point ang sinasabi mo sa kaso ng mga bangko at gobyerno sa pag-stimulate ng ekonomiya, hindi lamang naman ito ang mga factors upang mapalago ang ekonomiya ng bansa. Sabihin na nating malaki ang tulong ng mga loans na ipinamamahagi ng mga banks sa ating mga kababayan para magtayo ng negosyo, over time, ang interes ng loans na iyon ay napupunta lamang sa bangko upang magpautang pa ng magpautang, at tayo namang depositor ay maliit na bahagdan lamang ang nakukuha mula sa business model na ito. So kung iisipin mo, ikaw ang nagpautang sa bangko nang walang interes, pero sila ang kumikita sa perang ipinahiram mo.

Mayroon din ibang ventures ang mga bangko at hindi lamang limitado sa credit and loan issuance kaya hindi natin dapat alalahanin kung pano nila matutulungan ang ekonomiya. Hindi sa bangko nakasandal ang ating bansa sa paglago ng ekonomiya kundi sa mga manggagawa at sa mga produktong nagagawa natin dito sa Pilipinas. Katulong lamang ang mga bangko sa gampanin sa ekonomiya, gaya na lamang ng tulong na naiaambag natin sa pamamagitan ng ating mga tax. And besides, ilan ba sa mga businesses na naitatayo ang totoong tumatagal at nagreretain ng mga manggagawa? Marahil ay kaunti lamang.

Ang bitcoin, binibigyan ka ng tsansa na magtabi ng pera mo nang walang terms and conditions at kontrata na pipirmahan. Maaari pang lumago ang pera mo dahil sa volatility ng exchange rate nito, na hindi nai-ooffer ng mga bangko dahil lahat ng kita ay kanila lamang. Tsaka isipin mo, hindi mo nga ginagalaw ang pera mo sa bangko pero lagi namang may maintenance fee charge at kung anu-ano pa, at madalas e kailangan mo pang magpunta sa opisina nila para ipa-waive yun which sucks. Wala lahat yan sa bitcoin, at dahil sa deflationary ang cryptocurrency na ito, malaki ang chance na mag-appreciate ang value ng pera mo over time kumpara sa mga time-deposit sa kahit anong bangko.

Bitcoin often sees supporters turned haters every time they got burned, and it's understandable considering that most of these people do not really take their time to do some researching and just pull the trigger expecting that bitcoin will grant them profits instantly. It takes time to build something sustainable and robust, and that certainly is what bitcoin and the community is doing right now: taking their time. Even big names in the economic scene are already recognizing bitcoin and its merits, and its not far from reality that these same guys would also invest in bitcoin given that the room for growth and potential is really big if taken the right steps and approach to make things work.

I am playing dice for the longest of time and while I admit that it's a fun and very entertaining game, sports betting ultimately catches that itch that I'm craving for. It's basically because it's as if you're sharing the thrill and excitement that the players have whenever they're in the game, plus it mixes your emotions quite well that it takes you on a trip that you just won't get on any other gambling games out there.

For casual gambling, dice remains king followed by roulette and slots for me. Dice is easy win, easy lose, though somewhat takes you on a dangerous trip towards getting bust and spending more than what you really can afford to lose.

Etoro has that option also mt4 though I think it's not really direct bitcoin-to-stocks option. Some workarounds can be done to do this as well, though it also involves the conversion of BTC to fiat before being transferred to your account. Most brokers do not really implement this as of yet given the volatility of bitcoin, plus there needs to be special licenses to be acquired before they can accept bitcoin as source of funds. Gemini, I think, tried to do this at the least though I haven't heard much from that project since 2018 so..

It will take some serious consideration on the brokers' end before they accept bitcoin or crypto as a means to fund your trading account given the regulations accompanied with dealing crypto.


Abra is also offering this same option in the Philippines although with very limited stocks as of the moment. I don't think that the offerings will expand sooner given that there really isn't that much of an interest to that here currently.

I don't think it will be that easy for China to get the grip on most countries given that they are the ones being blamed for spreading the virus around the world.

Russia, NoKor and other communist countries might just support their ally in this takeover, although given that most key countries with huge economies aren't really interested in the idea of Yuan being the main currency around the world, they stick with the USD and strengthen their trade relations to the US. While China is no doubt the biggest when it comes to raw processing output and throughput all over the world, most countries can get along with it and just find someone else to trade with. It's already happening now with US and European companies pulling out their assets on China and transporting their production line within their own countries or regions.

Also, it will take a huge ass turning point for China to overtake USD or even the Euro when it comes to global reserve currency, which isn't happening any time sooner.

A somewhat unusable fact.

Crude oil's prices--basically those that went from the ground and weren't processed yet--were the ones that took a huge beating and not really those that were already used for energy. Power prices basically hasn't really adjust much; it may have rolled back a few times but that was already cut short since power companies are already recouping the loss since most states and countries are gradually opening their economies meaning people can somewhat pay for electric bill the way they used to be (at least that's what their assumption is). Anyway, this does not open the possibility for small and medium-sized farms to mine again, given that the price isn't really going up and the competition remains tougher than ever.

The global oil price will not remain dirt cheap for long, and with that, power prices will also not remain low.

And this somewhat makes it all the more scary for those wanting to try a legitimate experience and might end up on a scammer's ready-made website. There are reports in which fake websites often end up on the top of Google's search results, and we know that many people are still lured into such obvious ploys causing them to get scammed in the end. Then again, this just means that people are really bored and looking for options to get that gambling itch gone, and so here we are with crypto gambling casinos and other online casinos offering just the right amount of games for them. Also, it's good that some countries and states are loosening their grip on the once wild west of online casinos since they know that it's one of the ways to generate some profit still while people are still confined in their homes.

It's not really the best time to put forth our thoughts on bitcoin and where it stands in the global economy, especially in places where protests/riots are happening currently. Meme-ing is good fun, no doubt about it, but it certainly isn't always applicable every time. With the amount of physicality and brutalities happening almost everyday in the US, I can't seem to process why this guy wanted to hold a sign like that in the midst of chaos. As if bitcoin would save us from the dreaded sin of racism and police brutality? Anyway, the message is good, but literally waaaaay out of context and severely inappropriate given the circumstances.

One thing that is also worth noting in this space launch is the possibility of NASA partnering with other private firms for better results and not really constrained to the limits of the budget set by the Federal government. The relationship would be somewhat mutual, although the investor who provided the budget would of course benefit the longer end of the stick as it opens up different possibilities to the investor's venture, possibly mining space rocks with the help of the experimental data gathered by NASA etc etc.

SpaceX exposure on that historical launch and the successful (and satisfying) re-entry of the Falcon engines might rise to the possibilities of space tourism. It was 10 or so years in the making, and back then people are still mocking the use of reusable rocket to cut costs, but then this manned launch happened. I might be quite optimistic and too sci-fi-centric on this comment but perhaps this event might spark the start of the human race as a space-faring civilization, albeit only within our solar system for resources and whatnot. Nevertheless, it actually opened our eyes that there exists a place left unexplored beyond our home, and that is what Space X and NASA is trying to do every day.

Prepare to see a lot of startups focused on logistics, planning and physics of mining space rocks (asteroids) and taking them back to earth for fortune.

I had this similar inkling towards a certain game as well. Perhaps many of you guys here know Cabal NA. I was ranked on that server with one of the highest, maxed-out gear in 2019 before I quit and believe me, it's nuts that I literally spent thousands of $$$ just to get that strong--and people are also willing to give you more than what you invested for the said character. My stint in Cabal NA lasted for 9+ years before I moved countries and settled on the country I'm currently at. The amount for me is ridiculous, amounting to $5000 for my investment and sold everything for $8500. I already knew things about bitcoin but even then I still chose to invest more on character rather than bitcoin. Guess that's just how some games affect the mindset of some people chasing that number one spot.

There's no doubt na malaki nga talaga ang naitutulong ng cashless transactions sa atin mga kababayan sa panahon na laganap ang pangamba sa pandemiya. Isa ako sa proponents ng cashless society, dahil nababawasan nito ang cost ng pagprint ng money, ang logistics sa pagdistribute at ang pag-harvest ng raw materials na maaaring i-repurpose for export. Sa paglipana ng mga serbisyo gaya ng Gcash, Paymaya, Paypal at iba, maaaring makakuha ng idea ang gobyerno sa kung paano nila ipapatupad ito. Sa usaping macroeconomics naman, madaling mamamanipula ng gobyerno ang ekonomiya depende sa sitwasyon ng ating bansa. Sa kabuuan, marami talagang merito ang pagiging cashless, pero may kaakibat din itong pangamba.

Sa eCommerce na lamang halimbawa, hindi sanay ang karamihan sa mga Pinoy na bumili ng mga bagay-bagay online, kahit pa sabihin nating digital na lahat dahil na rin sa pagiging unconventional nito sa scenario ng ating society. Dagdag mo pa na karamihan sa mga nakakatransact ngayon ay mga scams at purely panloloko na nakakawala ng confidence ng mga Pinoy sa ganitong kalakaran. Magiging panatag lang marahil ang mga Pinoy kung magkakaroon ng solidong batas na pumuprotekta sa kanila sa ganitong mga bagay at kalakaran. Hindi sapat ang anti-cybercrime law dahil masyadong vague pa ang clauses nito at hindi talaga saklaw ang kalaliman ng mga cashless transactions ngayon.

All in all, malaki ang posibilidad na magshift towards digital fiat ang mundo. Ginagawa na ito ng ibang bansa prior sa pandemic, at napalakas lamang ang pagkampanya sa mga ito dahil nga maaaring maging vector of infection ang physical cash. Pero kung tutuusin talaga, kaya naman nating magtransition. Ang problema eh kung anong gagawin sa physical cash in circulation. Maaaring i-hybridize ang cash system at gradual ang pagkawala ng physical cash, pero until then makakakita muna tayo ng mga mukha nila Rizal, Quezon at nila Aguinaldo for the time being.

Would definitely love to see these two in the same ring again, although the ferociousness and eagerness to win is not there, still these are two legends here after all. Most of it might only be for a show due to old age, but perhaps they can give us a good one at that. I've seen some videos of Tyson practicing for this bout, though I think it's a bit early to conclude that this will really happen. I hope the boxing honchos consider and give this one a go for the benefit of those currently suffering with COVID-19.

The multitude of the global powers have their attention shifted on who gets to be the next world's reserve currency. They care little about bitcoin and other cryptocurrencies' existence, and I can even go so far as to saying that their efforts to legislate bitcoin and crypto are at a bare minimum, just so people can tell that they are doing some things to get involved in the scene. Perhaps they are influenced by some rich elites to lay their hands off of bitcoin as most reports to countries banning and fining people for using crypto usually came with little to almost no materialization whatsoever.

Russia's crypto activity remains high, while China, albeit the various threats on bitcoin, mining and general crypto usage still sees tons of people using the aforementioned digital currency.

It's obvious that they are trying so hard to dismiss bitcoin's own merits in the field of fintech and investments. JP Morgan and Chase already did the same with the help of the mouth of Jamie Dimon, and it turns out that they themselves are secretly buying bitcoin. There's the slightest possibility that Goldman & Sachs is doing the same thing, although that may also be very unlikely considering how deep this firm is connected with some of the governments own 'business' dealings.

Anyway, G&S might be brewing their own digitized assets hence the recent attacks, but still, there's something off with the recent statement that it's really hard to tell whether they're sincere or not.

Perhaps the administration is trying to hide something while also trying to be the hero that saves the day by flooding the country with free money and stuff. It ensures them that the Trump administration made the necessary responses which might lead them to vote for him since he's the 'good guy' doing what's best for the country. Also, aren't economic projections just mere 'projections' at all and haven't really aligned with real-world scenarios in the last decades or so? The media rarely brings about these things in mainstream news and I don't even know if most Americans even care for it at all.

Fact of the matter is, with or without economic projections, there should be some good responses to the growing pains of the citizens caused by the pandemic. Stimulus funds ain't gonna cut it, and reopening of states only puts more people at risk and more deaths along the way. What the people of US need is some sort of a definitive plan that is doable and workable, not some fancy economic projections that weren't really useful for the laymen except for the giant corporations.

I'd rather play and lose in a casino rather than donate it in cash without having to experience something in return. I'd rather donate my money into useful causes such as UNICEF and other organizations that are directly helping the needy while staying as a non-profit organizations. Casinos don't need donations as long as they have patrons willing to play and lose money in their platform. One high roller's loss in the casino and it's already a huge profit for the establishment. They can stay afloat no matter what so long as there are degenerates willing to risk more than what they can really afford.

Interesting stats, though it's crazy to think na kahit na ganyan kababa na ang mga naitatala nating numero mula sa ating mga miners, patuloy pa rin sa pag-arangkada ang presyo ng bitcoin, at mukhang wala pa itong planong mag-settle down. Bumaba man tayo ng kaunti sa $8000 kamakailan lamang, pero nagtala agad tayo ng isang malaking rebound. Kahit na negatibo ang mga balita na umeere dahil sa mga ginagawang hakbang ng China kaugnay ang mga bitcoin miners, still hindi nito pinapababa ang trader' confidence sa bitcoin.

We'll see in the next few weeks kung mananatili bang mababa ang hashrate at ang difficulty o talagang mawawala nang tuluyan ang mga miners na kumawala pagkatapos ng halving.

Bitcoin is too low of a concern for the Chinese government that they'd simply let it exist and have the miners go at it and profit from it. From the looks of things, China is more interested in oil and other trade ventures that will net them hundreds of billions in profit rather than get a taste of bitcoin that really isn't worth much especially if they centralize it. Also, miners are from all over the world. and even though the largest concentration is in China, a split of the chain could happen rendering the Chinese chain to be useless and valueless.

Surely counter-measures on a takeover has already been implemented in the code by Satoshi, and such a thing could be prevented, though it will not be easy and might affect the confidence of people in bitcoin.

People really go to such great lengths just to gamble, huh.

Given that the game is not really physical and is just streamed through a monitor, there are a lot of tweaks to the coin and to the platform itself that could affect the coin. First, magnets. Next, the inclination of the platform and third, the way that the coin is tossed. Nevertheless, this is still a 50/50 game though and not much strategy is needed to win the bet. Kind of like those carnival games that they hold every festival which does not really have any known strategies that work, just bet and hope for the best.