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7001  Economy / Gambling discussion / Re: For the kind attention of the Gambling sites , a small suggestion on: August 24, 2020, 04:13:33 AM
~snip~

At his point all the parents can do is restrict their internet usage.

There are a lot of softwares they can get for them to restrict sites that can influence them into gambling or maybe the adult industry. Each ISPs, as far as I know have these Parental Controls or Parental Locks they can take advantage of so they could monitor or block these sites.

If their kids have a mobile phone, they can restrict them from visiting the gambling site, porn site, or another site, so the kids will not have a chance to visit on that site. The parents need to check their kids' mobile phones and advise their kids to use their mobile phones for good things. I think it's all about how the parents can discuss with their kids, so the kids will not abuse the mobile phones for anything bad that can make them lose control.

~snip~
No need for verification they just need to take the subscription to enjoy the perks and in online gambling it is not going to make much different and many of the gambling sites doesn't have such feature as well because here everyone treated equally.

Yes, you are right. Many gambling sites are created for giving another pleasure for people, so they can use the gambling site to having fun or spend their free time. But people finally lose control while they play gambling, and many of them are losing their money too.
7002  Economy / Economics / Re: Your economic outlook and your life for 2021 poll on: August 23, 2020, 07:00:52 AM
COVID-19 has destroyed many small business, with the bigger businesses taking their share of the economic pie. I believe many people lost jobs, but some are doing OK.

Curious, as Bitcoiners, how did the COVID-19 pandemic affect your financial situation, and what is your outlook for 2021?

The pandemic affects my financial situation by the first time the virus attack in my country because I feel that I need to spend more money to buy some primary and secondary needs in the local store. After all, that product gets limitations. But after a month or two month, the distribution of that product begin normal, and I think I don't spend more money like before. I am grateful that I can still buy my primary and secondary needs, and I can also help some member of my family buy what their needs daily.
7003  Economy / Speculation / Re: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year on: August 23, 2020, 05:57:56 AM
I am not too worried about the situations right now because I am sure that is just a correction for bitcoin price that usually happens after the price climb to the highest price. And we already saw that the price make the new ATH which we are waiting from a long time ago so that the price will be back soon to another higher price, and we will break the new ATH again. It will happen like this every time bitcoin price start rally. Besides that, we all at the weekend, which usually, the price is down for the correction. We will see the price will break $12k in the next week, and I think the price is now accumulating to get the right time to increase.
7004  Bitcoin / Bitcoin Discussion / Re: Some Influencers Are Not Helping on: August 23, 2020, 04:52:08 AM
Well yeah but I think it will only be few. Besides we know already about cryptocurrenc whether there will be an influencer or not as long as the interest and the cryptocurrency opportunity is there users will going to keep coming back. The influencers may be influencing bad or good is a publicity. Publicity whether it is good or bad will still be publicity. Cryptocurrenct will continue to grow unless it is not helping but for now, It is valauble espcially in this pandemic where people chose to do online transaction and bitcoin is already an option to do it.

At least, no matter if the influencer is good or not, that still gives people out there to know about crypto to help the crypto grow. If people know the crypto from the worst influencer, they will search for the other influencer. And with the presence of the internet, people will get what they want, and they will have a chance to learn more about crypto. I am sure the cryptocurrency will grow in the future because many influencers will introduce crypto to the public. After people know about crypto, they can decide to use crypto or back to use fiat money.
7005  Economy / Gambling discussion / Re: Evander Holyfield trilogy fight with Mike Tyson. on: August 23, 2020, 03:49:17 AM
So the old players want to come back and make a sensation in the sports game. It is interesting to see that Holyfield intends to do that, and I think that he wants to compete with Tyson to gain more popularity. I am not sure if Holyfield can do that since he is older than Tyson, but if he trains himself to get his best performance, perhaps, that can be an attractive sport. After all, if Holyfield can fight again with Tyson, that will get many audiences who want to watch that fight because both fighters have a long time journey in the boxing.
7006  Economy / Gambling discussion / Re: For the kind attention of the Gambling sites , a small suggestion on: August 23, 2020, 02:49:10 AM
~snip~
No matter how much reputed the crypto gambling site, still it is not good to provide your personal details because here money involves a lot and I don't think any VIP will pass KYC because their privacy is at risk and can be in more danger if someone got access to those details because hack is pretty common in the internet world.

Before someone can have VIP status, they need to verify themselves because they can get many benefits that are not available for regular members. Many people think that they don't have to be a VIP and prefer to be regular members because they don't need that status. They only want to play gambling and make money if they are lucky.

~snip~

Children will find their way around KYCs.

You know how smart and intelligent these kids are nowadays. They could just borrow or make their parents sign up in these sites with KYCs and they will use it. There are cases that these parents are already signed up in these sites and their children are just playing using that. The internet is the most influential place for them, they could even buy information they could use there, it is that easy for them. Then there are those sites without KYCs.

I am sure the kids can do that easily because they know how to get that. Suppose an adult person leaves his computer open with the last activity that person did, and then the kids who sit at the front of the computer will continue to use that computer, and they can mess it because I got that with some of my nephews. Imagine if we leave the computer with the gambling site is the last thing that we did, the kids will know, and they will find how to play the games. When it comes to the internet, they can get anything they want by browse many websites.
7007  Alternate cryptocurrencies / Altcoin Discussion / Re: Can he surpass YFI to reach $30000 per coin on: August 22, 2020, 10:35:42 AM
Nobody thought that YFI's price could exceed the price of Bitcoin but it happened. Anything can happen in the crypto market and I think the DeFi project is currently a trend so sometimes I think the price is irrational

I wonder how long the DeFi trend project will stay with us because if we take a look at the previous project such as ICO and IEO, the booming of that two types of the project was not get too long at the crypto world. But in this bearish market, everything can happen, and yes, we see YFI already exceed the price of bitcoin.

If YFI can reach $30k per coin, I am sure bitcoin will get another high price, and bitcoin will lead the crypto market again. Bitcoin will be back to the high price, and I think bitcoin price now still accumulating to get more support to increase. We need to be patient to wait for those times, and we don't have to worry about bitcoin because bitcoin will rise at the right time.
7008  Bitcoin / Bitcoin Discussion / Re: Some Influencers Are Not Helping on: August 22, 2020, 09:00:50 AM
The term is awful on its own. As a beginner I was lucky there weren't many of these guys around, although when they appeared I did mistakes too. I stopped listening after a while and saved both money and valuable time.

Good.
At least, you can search for the others, or you can search for the other crypto news. You don't have to listen to them if you don't want it because we are free to search for the news. If they can't introduce or explain bitcoin to the public, I am sure that people will search for the other info about bitcoin. Many people in the bitcoin journey, and we will see more people trying to influence new people to join bitcoin. But if they cannot teach new people, I think it will no problem for those new people. But we can't blame them who did that because I think every person will have their own knowledge about bitcoin to give to others.
7009  Economy / Economics / Re: Brace yourselfs , the economic earthquake is coming ... on: August 22, 2020, 07:49:09 AM
Some of my friends change their jobs offline into an online business, but they still find what the jobs that can suit them are. But they still try to search for offline jobs because they still prefer to do offline jobs.

So the situation isn't that bad for them. When they're able to have a job while looking for a better one everything is as it should be. It would have been much worse if they had no job or no options to even look for a better one, like many people in poor countries. In the big picture, the availability of online jobs puts you in a decent situation. Imagine living in central Africa or South America where the lucky few have Internet access and a computer. We really shouldn't be so pessimistic and have some fun instead of constantly worrying about a crisis that may never come.

We need to struggle, no matter if we try offline or online jobs, because I am sure that there will be a way for us to get the right method to make money. When we can have a new source of income and make money from that, we can search for another way to earn more money.

I am sure that in a country that can't access the internet, they will use the other way to make money. They will adapt themselves to the current situation, and they will also find that way to fills their daily needs. We need to work hard and don't pessimistic because that is the only way for us to survive.
7010  Economy / Gambling discussion / Re: Las Vegas Casinos Scared of Lawsuits on: August 22, 2020, 06:49:03 AM
Casino's need money now thats why surely they are following every small details assigned by the government and they will never violate it for them not to received law suit or being force to locked again.

The casino doesn't want to lose the opportunity to re-opening its business again, so they will do everything that the government suggests without any excuse. Perhaps, the casino will deny some people who want to enter their place if they don't follow the rules because the casino has a responsibility to take care of all people. If the casino can have persisted in these situations, I am sure that the casino will get their members back to them. While they follow the rule and invite more people to comes, they can recover their loss a few months ago. And soon, they will rise again as before.
7011  Economy / Gambling discussion / Re: For the kind attention of the Gambling sites , a small suggestion on: August 22, 2020, 03:09:24 AM
Crypto gambling sites got more popular due to its convenience and no KYC policies, even if there is KYC minors can use fake identities to pass the restrictions of gambling sites but the legit players who care about their privacy will boycott such gambling sites.Gambling is business not a service so people should be careful with what they are involving and if minor does that means the care taker should be the sole responsible for that.

I think that can be the reason for people to playing gambling on the crypto gambling website because they don't have to fills KYC to hide their identity. Even if there is a casino that requires KYC, some gamblers will not have a problem because they know that they will protect their data. So that can make the minors will try to join in that casino because usually if a website restricts the number of the members, they really care about their safety, and the casino will protect them from the hackers. It's like the VIP elite of the casino, which only people who have a good track record can join.
7012  Economy / Trading Discussion / Re: For losing active traders, Indexing is for you on: August 21, 2020, 08:50:59 AM
I guess I don't need it because I can hold bitcoin for the long term, and even I can buy more bitcoin if the price is down for more. Patience will be needed in holding. If you almost lost your patience, I think perhaps you need to leave the market for a while and don't watch at the market with your devices. That helps me to moves my mind from thinking about the crypto market, and I can back to the market after I finish doing something. Patience will give rewards to you, and I am sure that your losses will be back to you.
7013  Economy / Speculation / Re: This time when the stock market crashes, Bitcoin will go to moon! on: August 21, 2020, 06:51:37 AM
Perhaps, stock market crashes because of this pandemic, and the economy in many countries is not stable too. That makes people who invest in the stock market want to have money, so perhaps, they sell their investment in stock to get their money back. But for a long time, I think both the stock market and the bitcoin market will go up again. For Bitcoin, the price will go to the highest price, especially if the bull run comes to make a lot of money. I am waiting for bitcoin price to surge higher, and I don't think much about the stock market.
7014  Economy / Economics / Re: Brace yourselfs , the economic earthquake is coming ... on: August 21, 2020, 04:50:24 AM
~snip~
Of course people wanted to make money even in down economy but the problem is only few had found their way in and majority is still struggling because company are closing and even warehouses are fulling out employee to cover their losses.

let us admit that life now is far different from the past when the Covid 19 is still not in line.

But if they can find the online Business to be profitable(but it took time before establishing and having legit costumers)

like some of my friends who lost their Jobs are now entering the online businesses from foods to goods.


I hope that people who have not yet found jobs can get new jobs, and they are still struggling until they can found it. I am sure that even we are in the pandemic, people will have a way to make money from the other jobs. We do not just admit the pandemic still with us, but we need to accept that we lived with the virus, but we can avoid the spreads by carefully when we are work or in the public area.

Some of my friends change their jobs offline into an online business, but they still find what the jobs that can suit them are. But they still try to search for offline jobs because they still prefer to do offline jobs.
7015  Economy / Gambling discussion / Re: What sports do you think that can resume amid Covid-19 scare. on: August 21, 2020, 02:47:23 AM
Any sports but without the audiences can go back to their events provided that a strict protocol is being implemented we have seen it happen in boxing and MMA where athletes are continually tested and monitored and so are all the people involve in the events.
They just couldn't wait because millions are loss from revenues although right now they can only do PPV and no live audiences, but this better than none at all.

It is right, but if the sports events don't have the audience, it will feel something missing in that field because the players often hear the sound of the audiences, which can give more spirit to the players. But in this pandemic, the sports event should continue without having the audiences so that they can continue the competitions. They can prevent the infected of the virus on the audiences. But the sports events still need to follow the protocols to avoid the virus spread.
7016  Economy / Gambling discussion / Re: For the kind attention of the Gambling sites , a small suggestion on: August 21, 2020, 01:46:23 AM
We cannot blame the gambling casinos here for our kids if they will be involved in gambling. Because that is our responsibility to guide them in a right way for their own better future. Kepp communicating them and monitor their activity will help them to be a good person someday. So KYC is not important, that can help for privacy protection of the player.

Yes, in these situations, the gambling casino is like a tool for every people, whether they want to use the casino or not. But if that is related to our kids, we need to take care of them, don't let them online alone, especially if they are in their room for a long time. We can teach them about something good instead of letting them use their mobile phones or laptops or computers to search for something they don't know. If they want to search for something, we need to stay beside them to teach or tell them. Perhaps, KYC is still required if the government still insists on knowing about the people who often play gambling and want to get tax from the casino.
7017  Alternate cryptocurrencies / Altcoin Discussion / Re: Where Are You Next 5 Years? on: August 20, 2020, 01:41:41 PM
You Think What Is Your Placement In The Crypto Currency In The Next 5 Years?
I don't know what will happen to me in the next 5 years, but I will sell all of my coins when the bull run comes at the highest price, and I think I can back to make a big profit.

How Many Money You Earned That Time?
To be honest, I don't know how much money I will earn that time, but I want to make as much money as possible, and I hope that all of my coins can increase so high.

And What Do You Want To Do With Your Earning? Cool
I will use the earning to give my family something, especially for my mom, because she is mean for me after I lost my dad. I will give something that will make her happy, and she will not forget it for the rest of her life.

I hope my wish and my prayer every day can become true.
7018  Economy / Economics / Re: Brace yourselfs , the economic earthquake is coming ... on: August 20, 2020, 11:42:40 AM
~snip~
With the down economy system we are facing today, i just hope that people will now be aware that if they continue to be selfish and still not follow protocols, we will experience another hard times making our own economy force to shut down. I'm just quite proud for crypto that despite of this happenings today, crypto is still standing and has become even more stable with this difficult times.

We can still make money to fills our daily needs from crypto in the down economic system compared to people out there. It is hard times for every people, but I believe that people out there still trying to survive to get out of the hard situations. These situations will go to the end, and we need to struggle to the end until the scientist can found the vaccine. If people out there can accept crypto and follow our way to make money, I think they will get out from the hard situations, and they will make money like us so that they can buy their daily needs.
7019  Economy / Speculation / Re: We will likely see a sharp increase then decrease in price on: August 20, 2020, 10:39:57 AM
~snip~

There is a misconception in terms of using the HODL as strategy wherein a lot of people thinks that this strategy is the best way to earn money. Actually it is not the best way because it is not applicable in all kinds of trends and it is only applicable in uptrend. People who doing this are most likely doesn't have enough knowledge about market but it is not important after all because what is important if that strategy is suitable for us. HODL doesn't mean that you will hold it even if the trends showing weakness, there is a misconception because it requires strategic planning where you need to know the exit and entry point especially if you want to have high winning rate.

That will depend on what people think about HOLD itself because I am sure that some people hold their coin because of being forced from the situations of the bearish market, or they have a target price to sell. HOLD can become a strategy if we have the entry and exit point so that we can act based on the market situations, and if the price can touch the target price that we want, we will sell it at that time. Each people will have a strategy for holding their coins, and they will sell the coins if the price touches the high price, that is for sure.

It's not greed to take profit along the way, everyone of us here has an entry and exit point how much profit we want to take but even if you are a short term trader you should have funds allocated for long term profit, because long term is where we got the most profit and it's proven.

But not all trader have an entry and exit point, especially with the exit point because many of us will hold for more when the price increase higher.
because you are not pointing for a day trader mate instead what you are talking about here are those chance trader that can afford to keep holding and not relying for daily income this is different from day trader.

Day trader still have the entry and exit point because they calculate how much differences of the price that they can see to sell the coin, so they can make a profit. No matter if he is a day trader, holder, or normal trader, the entry and exit point will be an important point in trading.

Some of us want to make a bigger profit, so we hold bitcoin for a while until the price can increase more. If that is what we do, we will not make a nice profit, but we will get a small profit.
actually This is Semi long term holding mate,when a person can wait for a week or month waiting for what amount he wanted to sell.

Semi or medium holding will not be a problem as he can make a profit. But I prefer to get a little profit if the market moves not good, but I can trade over and over.

We forget about our target sell price because we want to make a bigger profit, which is not always we can get. It's better to profit while we can than to lose the chance to sell at a high price.
when i am still trading i am not looking for being greed instead i am contented in at least gaining 5% for a day.
because for me?it is enough to gain small than losing at all.

You are right. I am searching for a small profit if I don't have a chance to make a big profit. I think if we can get that profit over and over, we will make more profit.
7020  Economy / Gambling discussion / Re: question concerning a type of raffle on: August 20, 2020, 09:28:41 AM
Would this be considered gambling? Is there even a chance that this could or would work here on the forums?

What happens in your company consider as gambling because you and other employee have to participate to puts in $10 for every people, and I think that is kind of lottery. We don't know if a chance that could work here if you don't try, but I wonder how it will look like because if we send some money to buy one or two tickets, that still lottery.

As stated a few other posts up - I would entertain the idea of having maybe 4-5 winners and providing 75%-80% to the winners with 25%-20% going to the charity.

I will be taking zero percentage - some may find that hard to believe but having lost 2 family members to COVID and at least 6 family members to various forms of cancer, I already make personal donations to several agencies. This idea was spurred when I read about an unnamed early bitcoiner that made a fortune and decided to give vast quantities to various charities - while I do not have vast amounts of Bitcoin to do that with, I would like to see the crypto community do something similar - now if I need to offer a prize, so be it Smiley I cannot fault that at all.

I will be looking to do this start of September.

I think your idea can work in the name of donations, and perhaps, you can use at least 7 names of charities, and we can select what we want. And the winner will be select for 3-5 winners.
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