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6701  Economy / Gambling discussion / Re: COVID-19 and its effect in Gambling World on: March 10, 2020, 06:30:32 PM
It will, for one, definitely going to impair the gambling scene for a while before it gets into fully operational again once the vaccine for the virus is out. Physical gambling houses are susceptible for fast transmission of the virus causing it to spread at an unprecedented rate, therefore closing them down in the mean time is the most logical thing to do. Macau and HK and Singapore would be the ones who will be affected the most, that's for damn sure. Whereas Vegas would still be fully operational until further notice. Even though SARS-CoV-2 isn't as deadly as its 2 predecessors, knowing the demographics of those who gamble, it's really better to limit the amount of hours the gambling houses are open or just close them for the mean time.
6702  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Means of Donation on: March 10, 2020, 05:44:09 PM
It's good that more and more organization and humanitarian causes are accepting bitcoin into their funds. After all, bitcoin is money and can be exchanged for fiat, though the avenues and shops that accepts bitcoin for the need of the organization is still low. Even so, I suggest that people donate their bitcoins into movements and organizations that need not fast liquidation of funds such as the coronavirus cause and/or the likes since they really need to buy supplies as fast as possible.
6703  Bitcoin / Legal / Re: South Korean Lawmakers Greenlight Strict Crypto AML Bill on: March 07, 2020, 06:29:59 AM
This goes to show how serious and determined the South Koreans are when it comes to combatting money laundering and other nefarious activities being done with the help of cryptocurrencies. They are actually doing thinga to improve the standard of trading and security so as to prevent criminals from perusing crypto to launder money within their region. Also, the steps they are taking are in no way deterring serious market players to come inside of their country and do their business there, and is actually a challenge to improve services and the way how businesses handle their thing.
6704  Bitcoin / Bitcoin Discussion / Re: Bangladesh has a significant amount of Bitcoin trader on: March 07, 2020, 06:01:30 AM
You can say that at the least, there are still some genuine traders in the region actively trying to get through everything despite the ban. It would be cool to get some figures of the volume and trading activity on the country to gauge whether they are really into it or are just trading for some short profits. Either way, genuine interest often lead to good things, and these same people may even lobby for the country to lift the ban and allow cryptocurrency trading to flourish. There's so much to be had on letting it free such as jobs and more money to the country that's why I find it quite intriguing as to why countries such as Bangladesh aren't considering those possibilities.
6705  Economy / Economics / Re: Good news for bitcoin from India, should other countries also follow the suit? on: March 07, 2020, 05:43:21 AM
At one point in time, they would have to, in order to create a new avenue in which tax can be collected and jobs to be created. The cryptocurrency industry is ever-growing at a steady rate albeit the lack of actual acceptance from the masses. Most ventures are prepping up for the possible scenario of widespread acceptance, and should that evwr happen, they will be in the front lines and would reap most of the benefits, including those countries whom have accepted cryptocurrencies before amy other countries did.

With the way things are going, I'll expect more countries to open their doors to cryptocurrencies while some stay as reluctant as they were and push for their own digital cash fo peruse within their country.
6706  Economy / Gambling discussion / Re: Esport Betting website worth it? on: March 07, 2020, 04:18:11 AM
In order to get some players into your platform, IMO you must consider the following:

  • Number of games and cryptocurrency you accept.
  • Promotions for the new players.
  • Competitive odds.
  • A great customer service that actually replies with queries and messages and not an automated one.
  • Fast deposits and withdrawals.

That's what I usually look for whenever I want to bet on esports. Not a lot of them offer competitive odds and the games that I am looking for. And keep in mind that premier leagues seldom happen in one calendar year for these games, so you must think of this hard enough before you pull the trigger and release those funds for your platform.
6707  Bitcoin / Bitcoin Discussion / Re: Bitcoin's End Game on: March 07, 2020, 03:52:03 AM
If the society permits themselves to be defeated by the same system, then yes.

People have now been asking questions about the systems a lot more than ever, and if that is not an indication of the growing doubt and lack of trust us people have towards our governments then I don't know what is. We might even reach to a point where civil unrest would be seen everywhere and anywhere if the government and the banks continues to oppress those who.cannot stand up and fend for themselves. Also, this might even prove a strong need for bitcoin should CBDCs or whatever exists, as the latter can obviously be manipulated to the governments specifications as they see fit.

We're yet to see global acceptance of bitcoin, but also digital currencies issued by central banks are also miles away from seeing public acceptance, too.
6708  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Not An Organization on: March 06, 2020, 07:40:48 PM
To an extent, you may call the miners as an organization--a decentralized one--but not bitcoin itself. Bitcoin is a currency on the digital realm that is backed by cryptography and math. The ones who solve these complex equations in order to mint new bitcoins and process transactions within the network are the miners, and the only ones that can be appropriately tagged as an organization no matter how crude the meaning could be. Those are two different things, and the next time don't mix them up.
6709  Bitcoin / Bitcoin Discussion / Re: New York Bitcoin Mining Machine. on: March 06, 2020, 06:45:20 PM
Nice PR and nice way of using the energy they are already generating into something that generates more money. This will certainly pique the curiosity of New Yorkers and might see the start of some stalls and shops accepting bitcoin to join the hype train. Though compared to what New York makes in a year, $50000 is still a good sum for other things. All in all, think of this as a free advertisement to bitcoin and can start a new way of buying things in the Big Apple.
6710  Bitcoin / Bitcoin Discussion / Re: Tim Draper will give you money to learn about Bitcoin on: March 06, 2020, 04:42:50 PM
Why shouldn't they pay it directly to everyone's bank accounts if they signed up through eToro and not deposit it to the said platform? From the looks of it, they are just making a gesture of paying you when in fact, you cannot really withdraw the money on the platform unless certain conditions are met say, you need to trade first or you need to give level 2 KYC verification or whatever. If they really are willing to teach people things about bitcoin, they would have done so already without the different loop-d-loops they are requiring for the people to go through.
6711  Bitcoin / Bitcoin Discussion / Re: Have you ever lost access to your Bitcoins? on: March 06, 2020, 12:55:37 PM
My electrum wallet with a few bits in it. This was back in 2015 when I happened to lost the backup file on that particular wallet. For all I know, I saved that on 3 sifferent pendrives but lo and behold, all 3 of them were reformatted and I haven't got the chance to recover the said file. It took a couple of months before I stumbled upon a wallet file on my SD card and to my surprise, it was a backup of that same wallet. Sure enough, there weren't anything big to lose but then again, it's my history in that wallet.
6712  Economy / Gambling discussion / Re: [ BOXING ]: Anthony Joshua vs Kubrat Pulev on: March 05, 2020, 08:06:32 PM
Pulev has been quiet as of late, and due to his old age in boxing terms, he might get easily outworked and outlasted by Joshua in the ring. Then again, there's a possibility that he might take the win for himself and get one of the biggest upsets in 2020. We have nust seen Pacquiao still doing pretty good at the frail age of 40, and for boxers to still be in shape, form and speed at that age is darn impressive, and we'll see whether Pulev here will prove--just like Pacquiao--that age is uat a number. On most aspects of this fight though, I expect a Joshua win by a huge margin.
6713  Bitcoin / Bitcoin Discussion / Re: Do On-chain Activities Suggest Bitcoin Volatility Will Continue? on: March 05, 2020, 07:11:48 PM
Huge movement of coins on fhe blockchain still affect trading nowadays, even if they offer little to no clues as to whether it could be someone buying or someone selling. Traders still see this as an omen of bad luck, or a good thing since someone might be buying huge coffers in a single go. Wait 'til bitcoin is fully dispersed in many more hands and see the effect of this huge movements get little and little until such time that it no longer matters. Volatility remains in the near future though we can hope that bitcoin reaches far more hands and far more people become their own banks.
6714  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin Gets Centralized Through Massive Mergers on: March 05, 2020, 05:38:42 PM
What happened to Steemit will never happen to bitcoin. We follow different consensus rules, and even if one has the capacity to get the control in the hashrate, a fork can be created to fend the nefarious people off. What people are seeing on thr Tron-Steemit debacle is the susceptibility of PoS-based coins to get engulfed by a larger, 'richer' group with greedy intentions. Bitcoin will not encounter such--or it might see some challengers but those will never succeed.
6715  Economy / Trading Discussion / Re: If we have great ability, is capital from bank loans safe for us to use trade? on: March 05, 2020, 04:49:37 PM
Yes, though riskier than setting up your own business and making sure that you will have something left to sell should you see your capital going bust. I see nothing wrong with it provided that the borrower will have the means to pay foe the capital plus the interest on the bank, but if you got nothing to help you bail out of the mess then I'll probably advice against it. Once you got the loan, it's yours to use anyway but use it wisely--and before jumping into the mess that is trading, better be equipped with knowledge and experience or you will just put the money down the drain.
6716  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: Bitcoin Legal in South Korea! on: March 05, 2020, 04:20:21 PM
Knowing that they were a key part into the 2017 bullrun, and there are keen traders and enthusiasts from the said country, it is not far from reality that their government would make bitcoin legal. South Korea is full of level-headed officials that actually knows what they're doing, so it is bound to happen anyway IMO and it was just a matter of time.

Question is When China?

They'll just play the teasing game and would not pull the trigger unless most of the countries are into it.
6717  Bitcoin / Bitcoin Discussion / Re: HTC to release a blockchain router to let users run a full bitcoin node at home on: March 05, 2020, 04:00:38 PM
That seems.. odd for a router. There has to be an end goal for HTC to construct such a device and tweak it to perform as such. Personally though, I'd stick to my ASUS router and a Raspberry Pi bitcoin node if I wish to run one. There's just so many questions popping in my mind regarding this new device from HTC, and their explanation about it is kinda vague and feels like there's some underlying motive to that. Idk but that just not feel right.
6718  Bitcoin / Bitcoin Discussion / Re: 2 Chinese charged with laundering money from exchange hack on: March 05, 2020, 12:33:57 AM
I still find it amazing how NoKor keeps on pulling the strings to make their moves outside their country and not get caught sooner. Their relationship with large banks and other organizations/institutions is unbelievable too, so much that they managed to amass hundreds of millions of dollars through illegal activity without hitting any red flags. That's why I always look up to the North Koreans as extremely cunning and dangerous even though their country is deprived of anything to the outside world. Good thing their moves are snooped by the authorities even though they initially used bitcoin to cover tracks first. I just wonder what certain cryptocurrency ezchange are they talking about anyway?
6719  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Could Be The Key To World Peace on: March 04, 2020, 11:55:04 PM
Money isn't always the reason why there are protests and demonstrations in the streets, so the notion that if everyone has the money and the monetary power, a lot of societal problems and issues would be fixed. If anything, this will just increase the amount of disparity between the rich and the poor, as rich people would become richer and the middle-class would be rich, leaving the ultra poor behind, eating dusts and still being mistreated for the most part.

Utopia will never be achieved in this world if our common goal is to be rich. Money will always be rhe root cause of society's decay no matter what the setting is. Bitcoin will just be an instrument for many more injustices and unfair practices as it's also a form of money existing digitally.
6720  Economy / Trading Discussion / Re: Which is Best Trading or Freelancing? on: March 04, 2020, 04:03:33 PM
Jokes on you, some of the finest freelancers out there are raking up more money than doctors, engineers and other highly-paid professions out there. Depending on the niche, companies would pay you good money if you showed them your worth. I myself am a freelancer related to medicines and doctors and it actually pays me a decent amount of money compared to what I have earned in my trading stints back then. Perhaps trading isn't for me but the learning curve in trading is way higher than learning a skill and marketing yourself as a freelsncer.
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