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681  Bitcoin / Bitcoin Discussion / Re: CoCa Cola now Accept bitcoin on Australia and New Zealand. on: June 10, 2020, 06:57:39 AM
No, bitcoin holders are not that stupid to spend their precious BTC just to buy Coke in a vending machine. And they are trying to promote "Sylo - Smart Wallet & Messenger" - available in Google Play https://play.google.com/store/apps/details?id=io.sylo.dapp&hl=en. But just look at the reviews. Hmm...


Bitcoin is not used only by holders and the point of Bitcoin is not just holding it indefinetely in some wallet.
Spending Bitcoins is not stupid. It's only up to every user to decide what is for him worth spending Bitcoin for, is this a Coke from the maschine, new computer or something else, it's actually not relevant.
Anyway, every promotion is good for Bitcoin although I don't think it's crucial  for better adoption, that is far more complex question.
682  Economy / Speculation / Re: Will bitcoin hit 15K in 2020? on: June 09, 2020, 08:36:58 PM
From current perspective it's seems very hard for Bitcoin price to reach $15k by the end of the year. Not impossibe of course but to my opinion not very likely.
We see how Bitcoin price struggles with 10000$ barrier and even if it crosses it, it can't stay there for a longer period or grow further.
There is still plenty of time until the end of the year but due to all circumstances it's hard to tell how Bitcoin price is going to behave.
683  Economy / Gambling discussion / Re: "NEW NORMAL" Betting on: June 09, 2020, 03:12:38 PM
Indeed. Up to this moment our health is mostly important that's why we should follow each and every precautionary measures to avoid casualties. We should adapt this so called new normal and do not be hardheaded because we are the ones who will benefit at all when we obey the new normal policy.
By taking care of our health, we can prevent the virus and face the new normal that will come to us. If we can maintain our health, we don't have to afraid to go out to buy something or take a look at the situations. And maybe we can also try to watch the game at the stadium if the situation is possible for us to go to that place. And we can also place bets on our favorite teams or players.

I agree that health comes first, that we need to be responsible and protect ourselves and others.
But I don't except the term "new normal". Why to try to convince ourselves that we have new normal situation?
If it's not going to be as it was before and I don't mean only on gambling then this is new, different situation and conditions, new social and other rules. Yes, maybe we need to accept it but we don't have to call it normal when it isn't.
684  Economy / Speculation / Re: Bitcoin Price Will Drop - Sell Your Bitcoins - Part II - Get 180% Profit on: June 09, 2020, 01:25:24 PM
What you are saying is a bit confusing.

You say that we should sell BTC and hold EUR and USD for about 3 months and then buy back Bitcoin at $6000?

It.doesn't make any sense.
Besides I don't know why would someone actually listen to such advice and the only purpose that I can see here is to confuse people.
This are just some silly ideas without any ground and support with analysis, data and similar so why to pay attention at all.
685  Other / Beginners & Help / Re: I want to put my Bitcoin on a hardware wallet, but... on: June 09, 2020, 07:53:01 AM
It's not hard to transfer your bitcoin into exchange from your hard wallet, owning a hard wallet will give you more security as you are not prone from hacking unlike when you just let your bitcoin sit an exchange. You can send from your hard wallet but just make sure you put enough mining fee so the transaction will be confirm faster, you know when there is a sudden pump, it will also result to congestion in the blockchain.

lastly, search in youtube, there are a lot of tutorials there.

Bigger safety, less convenience that we might say for hard wallets. However, from my point of view safety it's the most important and many are not aware of that untill something bad happens.
No matter the hard wallet, my advice is always split the coins into multiple wallets of different types, thus is security even better. Just to avoid online wallets. You can then combine wallets according to your needs.
Just for tge record it's not likely that Bitcoin price will jump to 30000$ over night.
686  Bitcoin / Bitcoin Discussion / Re: Bitcoin should never become fully anonymous- don't fool yourself on: June 08, 2020, 08:04:51 PM
Bitcoin was maybe fully anonimous at the begininig and now it's not. With time Bitcoin has lost a great deal of anonimity and transactions become more traceable. To.think today that Bitcoin is anonimus it would be foolish thing to do and it's not only because of KYC. At the end, although we all like our privacy, we need to give up a part of our anonimity for the protection and safety.
687  Economy / Trading Discussion / Re: Those that hate risks! on: June 08, 2020, 05:52:47 PM
I don't think that actually anyone really loves risk. That is something that we all would like to avoid and play on safe but that is not possible.
Everyone who trades and invests knows that risk is something that is always present and needs to be calculated into your odds. Every trader needs to be aware of quantity of risk and how to manage it. That is something that can be learned and it's always better to get that knowledge even before you start to trade.
688  Economy / Gambling discussion / Re: [DISCUSSION] How to overcome a big loss in gambling? on: June 08, 2020, 04:58:32 PM
Majority of gamblers are one point of time in their gambling experienced have lost a lot of money,it could be in their newbie days or on the days that they cannot stop or keep the urged to continue gambling, but a responsible gamblers knows what are the right thing to do, to continue living life while gambling, you cannot prevent losing money from gambling but learning how or when to stop is the way to prevent those losses.

I think when a person loses a big amount in gambling they often depressed and they want to get back what they've lost as soon as they got the money to spend on gambling again. this is how the majority of gamblers do. some of them just simply go away and never to return again because they have their fill of losing with gambling. The problem here is, If people don't stop playing after some huge loss, I think he will having a hard time letting go of the addiction in the future because he always thinks there will be a day when he wins big but there really wasn't until he loses it all.                              

Another thing is that they have another strategy that they think will work out.  So they are eager to come back again as soon as they got money to try their new strategy.  Being excited, the urge to get back what is lost often ended up in this kind of situation.  Then when things do not go as planned, they become irritated thus lost their composure and rationality leading them to more losses.  So a gambler needs to be calm at all times.

Exactly that is one of the most common mistakes that gamblers make. They rush into another game immediately after the loss thinking they will recover the funds because next will be their winning plan.
But that often leads to even bigger losses and could be also sign of addiction. Yes, gambler needs to cool the head and think twice. The best would be to pause gambling for a while and try to recover some mony from other sources.
Recovering loss is never easy and fast and reckless gambling isn't the way to cover losses.
689  Bitcoin / Bitcoin Discussion / Re: Pablo Escobar and Bitcoin and Satoshi Nakamoto on: June 08, 2020, 12:48:06 PM
Next hot article headline: "Bitcoin founder Satoshi Nakamoto rumoured to be the great grandson of Adolf Hitler"

Seriously. These "cRyPtO nEwS sItEs" are running out of ideas.

This with Adolf Hitler is my favourite.  Smiley
Yey, so true, they seem to be obsessed who will publish the most incredible theory about origin of Satoshi. So many unbelivable conspiracy theories appear all the time and I don't know why people are so interested in it.
Even if they new the true identity of Satoshi why would that be so important for them or Bitcoin community. Just let the man be...
690  Economy / Gambling discussion / Re: Enhanced restriction in gambling casinos is it possible on: June 08, 2020, 09:35:17 AM
The government where I live now has opened up religious places like churches and mosques which gather a lot of people inside of them.They claim that will follow government instructions and pray differently than before in order to stop spreading of Covid 19 from there.The only licensed casino and the biggest one is open and operating.
New cases of Covid are going down daily and not only here but in all Europe so I think soon everything should
open up gradually.

I hope the government will still stay alert even they already opened up religious places because we are still at the pandemic, and no one knows what the next thing that can happen. It is good to hear that the cases of Covid are going down daily, but we need to be still careful because the Covid still not end right now. I am sure with some high-level security to apply in the public area will help to reduce the number of people who can get infected so people will not be afraid again if they want to go to someplace.

It's very rare to see a church being guarded compared to a business establishment, I think they are also prone to transmitting the virus so it's just really up to us and we need to be responsible as not everyone of us can be guarded by those who are in authority to ensure we comply with the proper guidelines.

Yes, that is true but from the begininig it was different approach towards religious institutions and businesses. I.don't know if that was justified but it was so.
Anyway, it's really everything up to us and how we will have. In most countries that don't preforne anymore strict measures casinos are opened again, together with other entertainment industry and so it's in my country too.
Governments can implement different measures to protect public health but if people will not stick to that, it doesn't make any sense.
691  Economy / Economics / Re: What opportunity costs will governments take. on: June 08, 2020, 07:50:20 AM
First i get shudders when ever I imagine something like this -pandemic- resurfaces again, I am tentatively suggesting the first thing government to look into is the medical/health sector this -pandemic- has exposed many limitations of health sector, why said tentative suggestions is that something might come before the medical sector but on till then. Government has failed the health sector in many ways and the reality of the virus was a needed calamity so government can recognize that.

This is not the case in every country. In countries like my where we have public health system it's different. Many measures where introduced to stop virus from spreading and not to put too big burden on health system but it was functioning well. There is no unique approach for all countries in the world but I'm sure there is room for improvement in each of them and I hope we've all learned something, not just governments.
692  Bitcoin / Bitcoin Discussion / Re: How to Spend Bitcoin? on: June 07, 2020, 09:19:41 PM
No matter what some say I beleive that Bitcoin was meant to be spent too, not just to be kept in some wallet.
Of course the key is to find the balance between spending and holding and it's good if you can enlarge your portfolio through trading.
I like spending Bitcoin for my everyday needs, sometimes to pay the bills, sometimes for groceries, cloths or something else. For me that is proof that Bitcoin has real use and purpose in real life and it's not only tied to trading and investing.
693  Economy / Trading Discussion / Re: RISK MANAGEMENT IN CRYPTO on: June 07, 2020, 08:47:00 PM
Do you really think that there would be someone who would have the time on watching a 1hr+ youtube video just to listen out on what's risk management in crypto is all about?

I havent watched the whole thing but just seeing the few seconds where 5 people are just having some video-conference which isnt really that appealing at all.

It would be just better if you do just highlight or giving out the keywords on this thread but in talks of risk management then it do mostly cover up common sense thing.
I would be the one who watches that video. Learning things in today's world is too easy that people are getting lazy. The Internet gives us all we need without putting effort to search for it. If watching a 1hr+ youtube video can help me reduce the risk and increase the chance of earning profits, I would watch it. I definitely did watch some of them, most of my knowledge and information about this cryptocurrency world was gained by watching videos and reading articles. The important thing is that you have to choose what to watch!

I can fully agree with that. People are getting more and more lazy and because of internet they expect everything to be served to.them without much efforts. No need to big and long term research trying to.collect information. And at the end they are still unhappy.
However, risk management is very important and not only in cryptocurrencies but in.everything in your life. The good thing today they are easier ways to learn about that, like videos and articles, besides the experiences on your own skin. But despite that many crypto users still don't know anything or much about risk and how to manage it.
694  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: June 07, 2020, 07:47:31 PM
I don't keep any kind of evidence. I'm not professional gambler, I gamble for fun and entertainment so I.think I don't need that.
I know that some players have spreadsheets and similar to keep track of their gambling which is actually good but it's not necessary in every case.
Since I gamble for fun I only spend the leftovers after all my expenses are covered so I can manage that even without evidence.
695  Economy / Economics / Re: Is it possible to live without banks? on: June 07, 2020, 12:36:31 PM
It depends on what you mean by saying "living without banks". It's possible for a single person, but the banking system at whole can't be eliminating.

It's eliminated. . Grin.

Of course the banking system will remain, it's a big industry and people trust the banking system, so no way they will disappear.
Banking system are making a lot of money in our world, they print money that's different since it's the central bank who does that, but private banks especially the big banks are making big money from extending loans to people and we are talking of billions of money here.

Banks that create fiat have the trust of all people since we are all using fiat, and compared to bitcoin, very few people are using bitcoin compared to the total population of the world, we can read the survey reported in the article below.

https://www.buybitcoinworldwide.com/how-many-bitcoin-users/



It's not just that people trust bamks but they depend on them. They still need loans, credit cards and other services. Also, the whole traditional economy and financial system depends on banks so It's not so simple and easy just to eliminate them.
Also, let's be honest and admit that very, very small number of people in the world is using cryptocurrencies. With limited quantity, volatility, lack of regulation and unstability you can't ask people to rely only on cryptocurrencies.
We still depend on fiat money and that will not change any time soon, so we also need banks. But that doesn't mean they can't change and improve their business, that is always an option.
696  Economy / Gambling discussion / Re: "NEW NORMAL" Betting on: June 07, 2020, 10:19:30 AM
Snip..
Though real sports still hang, esports are taking their steps forward. This is the exact moment for other people to appreciate also esports because I have seen a lot of tournament in esports and only few wants to watch the game. And when it comes to gambling, there are many bettors in sports like boxing and basketball than esports.



But then, I also want to watch a new season for my favourite sports yet COVID-19 still threatening the whole world. And probably, even I am too fanatic of basketball in my country I wouldn't risk myself in watching the game. Maybe, I will bet only.

Esports are an alternative and for long time players didn't have any other choice..
Now the sport events are getting back to normal however I beleive that esports betting have attracted some new fans of this way of betting.
Personaly I havree more fun and Inlij like to bet on real, live sport and I think that COVID is not such a big threath anymore so.I hope more and more matches will be scheduled in.the upcomig period.
697  Bitcoin / Bitcoin Discussion / Re: Patience above all will be rewarded here on: June 07, 2020, 06:58:33 AM
Well, it was proved that patience is crucial from the very begininig of Bitcoin. Just remember the first adopters. And patience is often something that many Bitcoin users don't have.
But to be patient and to.hold your coins and keep investing you also need to have some goal and strategy and that is also one of things that many don't have.
698  Economy / Economics / Re: Did COVID-19 Bring Any Positive Sign? on: June 06, 2020, 10:10:40 PM
Yes, it did. There is something good in everything bad, so in this COVID pandemic too.
It boosted digitalizations, implementation of new technologies, use of online stores and services of all kind and similar. I also think that affected in positive way cryptocurrencies too and their acceptance.
It's only important now not to lose this motion and to keep developing good things that popped up, educating people and changing their state of mind.
699  Economy / Trading Discussion / Re: do not give up keep trading! on: June 06, 2020, 08:25:48 PM
When disappointments and losses acumulate it seems da to quit trading is only solution. Then needs to.be assesed is that just bad period when we made too many bad decisions and didn't have luck or the trading isn't for us n
I don't support idea to quit trading on the sign of very first failure but trading is very complex and demanding. If you can learn from your mistakes and get out stronger after your losses then you should keep trading. Otherwise, take your time and think if this is really for you or not.
700  Economy / Gambling discussion / Re: A day to celebrate and pay tribute to casinos? on: June 06, 2020, 06:25:33 PM
Is this for real or some kind of joke? Pay tribute to casinos because they give benefits to us?
If you haven't figured out so far their motive is to make money, casinos are business not charity or social care.
Of course that people enjoy gambling and have fun, that is how suppose to be but at the end of the day both gamblers and casinos want to make money.
Just that at the end casinos are in much better position.
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