It's still unclear with all the stimulus package and money printing to purchase bonds, stocks and debts the private banks could control the economy, anytime they pleases so a recession might take quite a long time before it happens because of the banks manipulation and liquid injections. It's up to the people themselves, if want to get out from this corrupted system.
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Kahit nga ako na shock nung na overtake ang Bitcoin nang ganun nalang kadali ng isang unknown token tapos renisearch ko pa siya para malaman kung bakit ito biglang tumaas nang 1000% at bakit walang article at news tungkol na dito. Tapos nag give up nalang ako nung wala akong mahanap at nag Facebook, tapos may nakita akong April fools pranks. Di ko alam na april pala ngayon baka prank nga to ng CMC
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Kahit anong gawin ng mga Bears wala nang sapat na kakayahan para pababain pa ang presyo ng BTC, sa tingin ko ay nag bottom na ang price at lahat ng mga mahihinang trader and investors ay nagsi exit na. Ngayon ang natitirang nasa Bitcoin ay yung matitibay ang dibdib at nagtitiwala na itoy magkakaroon ng bullrun ngayong 2020.
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After seeing thousands of casualties of the coronavirus they might have realize even if they can possibly get cured or recover from the virus those people around them might get infected especially their grandparents or parents or children. This is the result people taking lightly what the coronavirus could do, it affected thousands of innocent lives. Country's should start lockdown in order to not endanger more human lives.
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It could be a strategy for china so that every nation will hate US and refuses to do alliances and cut trading deals, china might be trying to attack US getting weaker economy.
I wonder if Trump would also do economic sanctions to china considering those black propaganda and illegally expanding territory in South China Sea.
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Well this is a cryptocurrency forum so my knowledge for trading is only crypto in market. But why not invest in Bitcoin or other alts instead, its much more easier and convenient. With a quick google search you could find something that is based in your locality, i may know about a stock exchange but only stocks from my country that you can invest in.
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The fed are in panic mode this is the first time in history where they will print unlimited amounts of paper money out of nothing even buying bonds, stocks and corporate debts using it. Eventually people will start to realize that the banking system is fundamentality flawed and soon realize that the banks has been exploit them.
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In this trying times Bitcoin should be most convenient to use given the fact that it doesn't require physical transaction and could possibly one of the reasons of transferring of infectious diseases and with the worsening of the economy people and the government should protect their citizens wealth in case the pandemic disease takes time to get solve.
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There are also conspiracy theories and rumours roaming in social media that some whistle blowers in china said that it's a virus manufactured by the Chinese government to use in Biological warfare. We can't really know for sure but there are also news in China that even if the world is battling the coronavirus threat. The chinese army are doing military exercises and expanding their territory.
Something might be waiting to be unfolded, we'll know soon enough, if this conspiracies are true.
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The reason why it happened simply because of greediness. Now where in the verge of an economic collapse much worse than "The Great Depression" its because the financial system is simply flawed with a central authority stimulating the economy and printing lots of money to buy stuff and another exploit is the fractional reserve. Men has focus on greediness instead of kindness, we do have the technology but we lack humanity.
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Coingecko could also add some descriptions or review from users. So we can get clearer view of the reliability of an exchange. For me, before i start using an exchange i do some background research if that site has good security, if they're popular in twitter and the owner is legit. And if the gambling sites isn't laggy like the ones in yobit and doesn't require KYC with no issues or freezing of accounts like Bitmex.
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I've also have done this kind of mistakes even in winning a trade i'd still lose more than i gain because of wrong entry point. After investing all my savings, i panic even the slightest drop in BTC price and instantly convert to USDT pair, not knowing it will pump. After that i've realized that trading is really difficult so i've switch to an hodler with the little money i have left. After that i've decided to work for a regular job cause im really looking for money or we'll starve to death with my family. I do hope that you manage to make your way back in this trying times.
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Most country's will blocked gambling sites but Bitcointalk.org ? that seems kinda weird, it's not even a gambling site. In my country, the government also forbids online gambling, because it can be used for tax evasion and they can't really track what you're doing. But i think there are workarounds for this, example you could try using VPN or VPS to continue gambling.
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Haven't tried cause as far as i know they have only annual return of 3% not really profitable. With the duration of time, i like to gamble it cause i know i have a chance to make quick money. And besides i dont think i can keep my investment in a gambling sites cause i know if i lose funds and gonna use it afterwards.
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I guess you haven't taken a look at Gold and Bitcoin's price comparison, if ever the stock markets goes down then Bitcoin and Gold will follow because they're correlated. The reason for why Bitcoin is also declining is because in the initial stages of the crisis everybody got rekt so their cashing out any assets even if in profits. Because they need to survive and cover their losses. If this crisis gets more severe people will start to look for assets to store their money.
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Gold and Bitcoin have equal standing when it comes to scarce supply and the value could not be manipulated by banks. But in terms of convenience, Bitcoin has the upper hand compared to gold. Because buying Gold is very difficult to deliver and when it comes to Bitcoin it's just one click away and you have instant BTC.
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I think it would lead to huge loses because in every gambling site there are different algorithm's being used and unique random modules implemented. So it would be a self destruction if you try the martingale strategy to a site which you dont even know the sequence or studied the pattern when to double your bets it could be a loss. Better first to find a pattern or tutorials before placing big bets.
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Yes im one of the person who doesn't want to work and live a comfortable life but achieving it through gambling is pretty much far fetch, as we all know it involves great risk and huge capital. Also ruin your life such as losing everything and making you bankrupt and homeless. Even pro gamblers, doesn't want to take that huge risk, i thinl this is one of the misconception about gambling.
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Probably because they think stocks and fiat is much safer because they have more stable price rather than Bitcoin. Little they know that it can be subject to manipulation such as quantitative easing and fractional reserve banking. They've been fooled by this system and with financial crisis and negative interest rates. They'll realize how horrible this system is.
And will find Bitcoin much reliable because it has no central authority and distributed ledger to freely use their own cash.
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Best way to keep your Bitcoins safe is to put it in a ledger nano then send Bitcoins anonymously, i also agree that you can send payments through exchanges but only if that exchange has no KYC needed. One of my recommendations is Yobit but the downside is, it's extremely laggy.
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