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8101  Economy / Gambling discussion / Re: Police Raids and kids involving spider betting. on: September 16, 2020, 08:45:25 AM
Spider betting is popular in the Philippines. I remember when I was in high school during summer my friends and I would spend the whole day hunting for spiders well even some men and teenagers in our street gamble with spiders.  Any social gathering is prohibited and some people are really bored staying at home finding other means to entertain themselves. Even when I go to work, I see people drinking even though social gatherings are prohibited. That is why enforcers are being strict in implementing rules.
If some young people play spider betting, I think the kids will follow them too, as I know that they will have a big curiosity to know something. They can invite their friends and play together in one place without any people knows. That can make the kids enjoy their moment playing with the spiders, and they can use the money inside the games. When the kids play that many times, sooner or later, that kid will become addicting, and we never know what will happen to them when they grow up.
8102  Alternate cryptocurrencies / Altcoin Discussion / Re: Just (JustSwap) another defi to exit scam on: September 16, 2020, 08:23:42 AM
History will repeat by itself, and it is what we see now. It is like when the ICO becoming a new trend a few years ago, and now, the trend was replaced by the DeFi project. Many people will be the target for the DeFi scam project, so people will need to be careful to invest in that project. It will never end, and every time the new trend comes out, the other scam project will come out too and try to search the target, such as new people who don't have much information about crypto or the project.
8103  Other / Off-topic / Re: HEROIN-The devastating drug on: September 16, 2020, 07:35:35 AM
Using same needles doesn't cause you to get HIV, only you will get if the needle has been used by HIV affected person and on you in the certain time period!

All kind of drugs are bad and it changes our natural behavior but these are basically illegal so people are consuming by paying premium price to satisfy their dopamine needs.
But the doctor will not use the same needles to their patient because that will have a risk to the next patient. The doctor will use a new needle for the next patient. But now, the doctor will not inject the patient if that is not necessary.

Heroin is the same as cocaine and the other addictive, and if that is used without receipt from the doctor, we will become addicting.
8104  Economy / Gambling discussion / Re: All your entertainment things must have an external limiting feature, agree? on: September 16, 2020, 06:27:20 AM
Many gamblers get the negative effect of gambling and realize or not, and they are losing much money in gambling. The discipline will be gone for a long time, and the losses will be too high if he can not control himself to stop gambling. The happiness itself will be only temporary because the next thing that can happen is losses more money without he realizes.
Self-control or to hold back yourself can be done by every gambler. But the will itself for each individual is hard to defeat especially if you're too eager to recover with the losses you've made within the day, a week, or even a month.

That is one reason where it is starting and having yourself a limit can reduce that implication if you're too curious and worried about yourself. And as you pursue, you will improve from it.
The will to stop gambling would not stay for a long time for that person, especially if he can win some money, and it will erode from time to time with the passion for getting more winning.
If that person can not hold himself by stopping from gambling, that will not take too long to see, and he will lose more money. The limiting that we applied will be broken if we lose control.
8105  Economy / Economics / Re: bitcoin dont pay our billls we need passive income on: September 16, 2020, 06:06:11 AM
btc is not good to pay our bills.,

we need new way of passive income goverments should start giving out universal income Smiley there is need for passive income
who will vote for that?=
Well, as an option, you can deposit your Bitcoin to an interest account and earn ~6% annually to pay your bills.
Or you can also lend your bitcoin in the exchanges, and you can get the interest in monthly. That is what you can do to earn passive income, and lending will be the other way you can do to make money.
I am sure that we can find our way related to make more money or make a passive income, but that will depend on how you can find that way.
8106  Bitcoin / Bitcoin Discussion / Re: Storing your Crypto in Exchanges is better than using Cold Wallets! on: September 16, 2020, 05:14:09 AM
Not all people can afford buying a hardware wallet, but there is another option, non-custodial mobile wallets. So you don't have to keep coins on exchanges.
Using a non-custodial mobile wallet will be enough for them who can not buy a hardware wallet, and as long as they can know how to protect their wallet, their funds will not be in danger. But storing coins on the exchanges will give you risk from the hack or other things because the exchanges will not always secure. But if people still want to store their coins at the exchanges, they need to remember the risk and don't store in a big amount to prevent it.
Backing up money on electronic exchanges can be good but big crashes like MTGOX, BTC-E can happen even though we have found ways to bind many layers of security above.
Mobile storage forces people to update their software more frequently for both the phone and the wallet app. Older equipment may not be safe.
That crash at the exchanges is not something that we expect, and I guess people were not expecting it too. But that really happens, and people could only regret it without having a chance to get their money back.
If you store in the mobile storage, and you don't have to install too many apps. I think you don't have to update your mobile phone too often because if you just install the mobile phone wallet, the wallet developer itself will not release the update too often.
8107  Economy / Trading Discussion / Re: Too much HODLing stealing opportunities? on: September 16, 2020, 04:44:42 AM
The current price of bitcoin is still unstable, so it would be better if you always rely on hold until the price has soared. don't be fooled by not buying bitcoins and storing them for a while later.
This time, a hold will be a good solution for people who are afraid to trade because, as you said, bitcoin's price is unstable, and it seems the price is still going up and down. But if you decide to hold, it is better you have a target price to sell, so you don't forget to sell bitcoin when the price start increase because we don't know when the price increases later. I still try to buy a low price of bitcoin, but I don't know if that will work for me or not because the price can get down lower than the price I bought.
We can just hold if there is a reason that is a must and not just seeing because of the volatility itself.

If I buy shitcoins today and hold it for at least a year, what we gonna expect for the result? Nothing! and it doesn't deserve either. Holding is not always a thing we need to think about and not all been productive. Holding will depend on the market situation and so the coins that we have been invested in.
We need to stay away from the shitcoins because that can not give us the profit. But we never know which coins that will be not potential to us if we don't analyze.

In these situations, many people still hold their coins. It happens to my friends and me. Last trx increase, my friend decides to buy Trx, but I guess that he forgot that the price is at a peak, and suddenly, the price is down, and after a few days ago, the price still down, he tries to buy back at a low price, but that doesn't help him.

Right now, what he can do is just hold without knowing when the price will go up again. It happens to the other friend who holds bitcoin, ethereum, and they only hold the coin and hope that the situations will change soon.
8108  Economy / Gambling discussion / Re: Be careful when you play games with your coins! on: September 15, 2020, 11:06:03 AM
With gambling in the same way as with trading on the exchange! You always need a strategy and money management! And you should not play at all, if you do not know how to control your finances!
It was often compared to trading that bears the same thing, risk.

And as you say, there's a need for strategy whether you trade or you gamble. As you play gambling games that are focusing on luck, you can start your own method not with the game but how you will handle yourself as you gamble.

That's right! Psychology of behavior is one of the important points in any strategy! Both in gambling and in trading! Control of emotions is always necessary!
So if you had a bad day, then just distract yourself to other things, and do not hurry to get back at once! Wink
I don't think gamblers will think much about behavior psychology because I believe they will play on the games without hesitation. Most of them don't care about that, and if they win, their behavior will change, and so do with the psychology. I agree that if we have a bad day, we need to do something that is not related to what we did before, so our minds will think about a new thing that can distract ourselves from the last thing.
8109  Economy / Gambling discussion / Re: What do think about skill games? on: September 15, 2020, 10:26:12 AM
The skills games that I know are poker and other card games, sports betting. But I am curious about slots with skill because playing slots games don't require skills, and we could just click the rolls button, and the result will come out. Those images show us people play slots games, but I don't know if they use their skills to win. When it comes to skills games, I think I don't have any chance to win because I don't know much about playing the skills gambling games, and I feel I am difficult to win.
8110  Economy / Gambling discussion / Re: Sports betting: how much knowledge is too much on: September 15, 2020, 09:36:28 AM
I've been experimenting with betting on sports, and for now I don't see a difference between when I'm making an educated bet and just betting blindly looking only at the odds. It hasn't been long, however, so I'll keep experimenting.

I can only speak of myself. I know a lot about football/soccer because it is a sport that fascinates me, so I bet 99% of my money on football games and no other sports. I have been consistently profitable for a long time (winning 55-60% of my bets). If I happen to bet on other interesting sports (e.g. recent NFL games), I always have a win rate of less than 50%. So I cannot confirm that knowledge does not make a difference. But to be profitable you also need good money and balance management. So knowledge compared with good money management is the key to success.

Gambling is really different than just watching the game and enjoying it because this should be treated as a job, you do your research so your chances of winning will increase. With a lot of sports you can be interested with, you can bet them all but you can't focus in all of them and that will affect your chances of winning, so as for me, I just focus on the league that I know the best and that is basketball especially the NBA.

I am winning of course but not all the time, my goal is just to win most of the time and I'll be profitable as long as I will stay discipline with my bankroll management. So everyone, hopefully you also learn how to manage your bankroll as that is one of the most important factors to succeed in sports betting.
For some people, gambling can be treated as a job, but for the other I don't think they will use gambling as a job. My suggestion in sports gambling will be to select the sports you know and familiar with because that can give you a chance to choose the right team to place the bet. Besides that, with collecting more data from many sources, you can have more chance to win on that bet. But you should think about how if the situations changed, so you can make another strategy to win.
8111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I Think YFFIC token will be the token of the year 2020! on: September 15, 2020, 09:06:28 AM
I guess there are many more Y projects that will launch this year because the Y project makes a lot of money. Many investors tend to invest in a short term investment with the Y project, and even if they know that the project can scam them, they don't think much about that. If the investor can realize that many new projects can scam, if they can not be careful to select, they will not just invest in the Y project or other projects before they search for the project's details.
8112  Economy / Trading Discussion / Re: Too much HODLing stealing opportunities? on: September 15, 2020, 08:31:08 AM
The current price of bitcoin is still unstable, so it would be better if you always rely on hold until the price has soared. don't be fooled by not buying bitcoins and storing them for a while later.
This time, a hold will be a good solution for people who are afraid to trade because, as you said, bitcoin's price is unstable, and it seems the price is still going up and down. But if you decide to hold, it is better you have a target price to sell, so you don't forget to sell bitcoin when the price start increase because we don't know when the price increases later. I still try to buy a low price of bitcoin, but I don't know if that will work for me or not because the price can get down lower than the price I bought.
8113  Bitcoin / Bitcoin Discussion / Re: Storing your Crypto in Exchanges is better than using Cold Wallets! on: September 15, 2020, 07:51:58 AM
Not all people can afford buying a hardware wallet, but there is another option, non-custodial mobile wallets. So you don't have to keep coins on exchanges.
Using a non-custodial mobile wallet will be enough for them who can not buy a hardware wallet, and as long as they can know how to protect their wallet, their funds will not be in danger. But storing coins on the exchanges will give you risk from the hack or other things because the exchanges will not always secure. But if people still want to store their coins at the exchanges, they need to remember the risk and don't store in a big amount to prevent it.
8114  Economy / Economics / Re: bitcoin dont pay our billls we need passive income on: September 15, 2020, 07:13:09 AM
In some countries, bitcoin can pay our bills, but I don't think that all items can be pay using bitcoin. But in other countries, I think they don't even think about bitcoin because their government didn't explain bitcoin so that bitcoin will sit still on the grey side.
In some countries, the government can give free money to people, but not all people will get free money with terms and conditions. People choose to work from any sector, and they don't want just to wait for that free money to come to them. Free money will not be the same as giving vouchers to those people so they can use it to replace it with foods, water, or else.
8115  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi protocol bZx attacked once again, lost $8 million on: September 15, 2020, 06:41:09 AM
I saw the price of it felt down around 32% yesterday but today seems to be recovering a bit as they tweeted on tweeter that the fond is safe, but its the second time such a thing happen to it ? do they even know how to protect investor's money?!
I guess the down is that that news makes people or investors think that the project can not survive. But if the price can recover and the fond is safe, I think people will put back their trust to that project, but I wonder if people will give a big trust as before because they already saw a problem for that project.
We can hope that the project can protect the investor's money before the other problem happens, so they can at least prepare the project and solve the problem if it's come again.
8116  Economy / Gambling discussion / Re: All your entertainment things must have an external limiting feature, agree? on: September 15, 2020, 06:19:38 AM

Maybe most gamblers don't have a limit and lose their control to manage their money, but I am sure some gamblers can stop gambling immediately because they realize about gambling is just for fun things. Maybe we all have experienced losing all of the money in gambling, but from that experience, we realize that we must control ourselves to manage our money and our time in gambling.

External limiting features can be added, but the gamblers need to take responsibility for themselves, including to avoid becoming an addiction to gambling. No matter how good the features in gambling websites, if the gamblers don't control themselves, it will be useless for them because they will lose more and more money.
They are an adult and they should be responsible for their decision. Others can't baby sit them forever. But, yeah if you see someone close to you is addicted to gambling, then you should help him. Though,  remember, you can't really help someone who truly doesn't want to help themselves. No matter how much you try, in the end they end up acting the same way they used to. You should help him when he realizes that he needs help and truly wants to change. Or else you will just be wasting your energy and time. I have learned this the hard way.
Those external limiting features won't help. They will eventually find a way to "bypass" those limiting feature.
But still, it isn't easy to make him realize he needs help without he realizes by himself. Maybe we can sit still beside him to watch him playing gambling, but we don't do anything until we can see the situations turn him to start to get many losses. If that happens, maybe we can begin to suggest he stop and don't continue playing gambling.
I think the same as you about the external limiting features because if that person can not control himself, I don't think that features will work for him. Otherwise, he will do it by himself.

Indeed. A gambler must set limits where, when, what time she/he has to take a break. A gambler must be dicipline enough to manage his happiness, frustrations, and other feelings that he is experiencing whenever he is playing on casinos. It's really fun to play there, extremely happy if most of the bets is winning. Signs of progression on your investment in casino gambling.

Friends, family, partner, anyone, or anything can be the external limiting feature on things that you are doing. But as long as you are happy that you are doing that thing, and it doesn't affect you negatively, it's fine.
Many gamblers get the negative effect of gambling and realize or not, and they are losing much money in gambling. The discipline will be gone for a long time, and the losses will be too high if he can not control himself to stop gambling. The happiness itself will be only temporary because the next thing that can happen is losses more money without he realizes.
8117  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Fees Rise 70% to Continue Record-breaking Streak on: September 14, 2020, 01:02:12 PM
It's very crazy the effect of defi on the price of ethereum fees. I can't accept to pay 15$ for move a little amount of eth from my wallet to my friend wallet. I hope that after this fomo price of fees will decrease
That fee increase because in the last few weeks ago, when the other defi project increase and decrease, I saw the fee reaching out $23-$30, so I decide not to continue to trade. The fee is too high for me, and I don't think that I can pay that to make a transaction just to buy and sell the tokens. But yes, the profit tempts me to continue, but I still not trying to trade. I am so afraid of losing that because the fee is too high for me.
8118  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it the best time to buy Kick? on: September 12, 2020, 03:05:15 AM
The question is how much do you believe in the project?
as far as i know about kick they are trying to get the attention of crypto enthusiasts by making an airdrop which they give to a random ETH wallet address, it means nothing if the token is just frozen.
it seems to me that the project is only concerned with personal gain rather than thinking about the initial project investors who have already built the project.
I think if they are trying to get attention from people by giving an airdrop to a random ETH wallet address, that will not be good because that project will have many participants that want to get the airdrop. I don't want to participate if they did that because every person's chance will not be bigger, and before we can participate in that airdrop program, we need to submit something to them. That can help the project collect the customer data to use it for another purpose.
8119  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it the best time to buy Kick? on: September 11, 2020, 10:48:13 AM
Why do you want to buy that coin than to search for the other potential coins at the market? Even if the price right now is low, it doesn't mean that the coin price can increase again. The coin needs more support, especially from the team project, so that the coin can get a better position at the market and impact the price.

But if the team doesn't give support, the coin will not survive, and the coin will goes down too deep. We will see what will happen with Kick, and you still want to buy that coin, you can do now, but the risk will be yours.
8120  Economy / Gambling discussion / Re: My experience is gambling on: September 11, 2020, 09:43:30 AM
Based on the @OP story, he needs to learn about controlling himself because he found that playing gambling, and he also needs to set limitations when playing gambling. If he doesn't do that, I am afraid that he is still losing more money, and he can not stop at the right time.

Playing gambling is about the win and lose, but you need to know that you should not chase the win money because you need to have the luck to win that money. If you can not control yourself, you will regret it in the future.
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