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Recently China passed a law that says that there's a break for children for playing videogames, I like this regulation because it helps kids reconnect with physical world and at the same time make them not dependent or addicted to the virtual space. Now here's my question, can we do that to gambling too, it can probably help the people to take a break and cool their heads off when they're on a losing streak or it can also be a time for some reflection as to when did it all go wrong for them to lead to this point. https://www.google.com/amp/s/amp.cnn.com/cnn/2021/08/31/tech/china-ban-video-games-minor-intl-hnk/index.html?espv=1
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With over 1 million emails that the hackers were able to get, there is nothing more they get, they did not accessed the user's phrases and private keys, seems like 90% of their user's belongings is safe and unaffected by the said breaching. Should we be worry about this? Coz the hackers were able to get a 1 million address, postal code and phone numbers. Do I need to check who's knocking on my door in the next few days? - hmm I guess not. I like how the CEO of Ledger humbly apologizes for what happened saying it was their fault and accountable for what just happened. But I'm just wondering, this happened in June but they have just open it after a month it happened. Is that how they control the panic ? If you got one of a hardware wallet and someone emails you a link or whatsoever, better not to give even a single damn about it. Let the situation be settled first. Just a reminder
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As we are dealing with the pandemic, the virus disease is prone to old citizens they have a weaker immune system than an average person and young adults although we also have a lot of cases of them too but there are more people who ages 40+ in the tallied cases. The sad truth is that some of them are not getting attention from the hospitals, why? because they prioritize a person based on its age, why? because it would be more worthy if you save a productive person over an old and weak person. The government is really doing this for the economy in the future days. We really have to deal with deaths, it is part of living
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Finally the bitcoin halving have already take place last week, the supply will cut in half...... we all know this piece of information
BUT
We already mined bitcoin in 85%(++) of its total supply, it makes me think that we are near to price stabilization when people will start to own it. The market cap of cryptocurrencies are less than 1% of the total fiat that we have, hence it can cover all of this however the essence of bitcoin as a investment form will fail if it happens to be less volatile than it is now and will bring the significance of bitcoin as a currency of the future.....
BUT
The logic behind the bitcoin as the future currency is rigged and makes no sense at all, this is also why gold, diamond, silver, etc. is incomparable to bitcoin because they all have a practical use that is hard to be replaced while on the other part, with bitcoin, its practical use is easy to replaced, in fact we already have better coins than it but we chose to live with its brand name.
Hope this thread will help to avoid new threads regarding 'bitcoin and gold'
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Coinmetrics, a crypto data provider, reported that bitcoin hash rate decrease by 30% after the halving.
Analysts says that it is due to outdated devices, once miners will update their hardware the hash rate level will get back to its position just like before the halving occurred.
On the other side story, bitcoin's fork hash rates is noticeably increasing like bitcoin cash and bitcoin SV, is this a clear sign of miners jumping to another boat? Are we going to see a new leading coin?
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I just wanna share you guys what I did just watch on Netflix, this is south korean based series on netflix called "Extracurricular". The story is about a wise high school boy whose life is nowhere to go, dead-end life, committing a crime for leading an application letting high school girls to earn money with escorting. *fast forward* the earnings of him is going well until he loses his phone, *fast forward* his father stole his earned money suppose to be his savings for college from his apartment, then his dad invested it cryptocurrency. Netflix isn't allowing screenshot so I took a photo of itThis is the site is called " HappyBIT" I tried searching about it but it seems just a fiction And this is where did he invest on " DoolyCoin" His girl friend knows about it and call it dine-and-dash scam ( I don't know much about it) What are your thoughts on this kind of crypto appearances? Is it positive or negative to the cryptocurrency as general?
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As I browse through my social media account, facebook, I saw this post saying he booked a hotel in Thailand using bitcoin in Travala ( application for hotel and accommodation booking. A quick view for Travala, the heart of this system is Travala token (AVA) which helps the platform offer tokenized incentives to its customers and any other user that can help the platform grow. ( quick google seach) Here's the video https://www.youtube.com/watch?v=-v-pLZzVO6s&fbclid=IwAR2urpi9mDQ9k-Rs-L5N5-KYUbwYen01SmXtAdwkhsY16E3w5iJff8Y718IThere is no actual moment that he is booked and paid using bitcoin. What do you guys think about it? Would you book a hotel using bitcoins?
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The halving event is coming in a few weeks, rewards for mining will decrease to half specifically from 12.5 BTC to 6.25BTC. Small miners won't be able to contain a very much low block reward it will be lesser than what they are going to spend in mining. Huge mining entities can go on while the small ones will be forced to quit unless they expand their operation.
Poolin.com is one of the mining pools out there, its Vice President talked about it and gave his opinion, " Miners using old equipment will have to disconnect after halving"
The time has come for small miners isn't it?
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This is a friendly reminder for every one in here that is planning to buy cold storage Ledger nano X, Ledger S, Trezor hardware and others. If you guys are going to buy hardware like these, make sure you buy it from the direct supplier or manufacturer. There are already some cases of stolen funds from the cold storage, and what does it mean? It means that the cold storage is already opened, seed phrases are set up and save by someone who owned it first and would just apply as a seller to online markets like Amazon or Ebay. Then us, who wants to save little bit we tend to buy the items at the lower price than what it should be, the boxes are pretty easy to reseal again that it would look brand new as if nothing was tamper. Or, if you guys already ordered one of these make sure that you factory reset it first before using. I wish this reminder of mine can help
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Okay we get it, less cars, less vehicles traveling so the oil is not that what we really need right now But, why is the price be looking like this? It is not only the cars that uses oil, we also have a lot of machines that isn't running without the oil Don't tell me the covid-19 global pandemic cases is inversely proportional with the oil price lol as of now XRP is worth more than a barrel of oil. Smack it to the face of those people who's shouting that cryptocurrency is soooo VOLATILE
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So I've read that coinbase has been receiving a $1,200 deposits which the US government pays their citizen for quarantine relief, stimulus package.
The CEO of Coinbase Brian Armstrong reported that they were getting a huge number of deposits amounting $1,200 that quadrupled over a week.
Are we going to see a massive pump because of this? Or is it just the big players acting to stage a pump like season to set traps for the upcoming halving?
As for Treasury Secretary Steven Munchin, they have distributed the stimulus check last week in nearly half of their target. 80 million people should have received it.
If this is true that American Citizen has been buying bitcoin from last week, or at least half of them, do you believe that this could start the bull to run?
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I came across this facebook post out of nowhere, maybe someone shared it so I got to read it. At the very first start of this coronavirus thing there are lots of conspiracy that is circulating over the internet saying that the virus is a type of biological weapon created by the China to dominate the world. It looks strange for me tho cause if they really did it then why choosing your own city to be the epicenter? but now after reading the post, the gap fills in and it's all making sense now. The post that I am reading is lost and cannot find it anymore after the page reloaded. Anyways I finished reading it so here's what I remember. (1) America and Europe's stock market crashed but the China's stock market did not? Why the hell it didn't crash amidst the emergence they are having with the virus? Are they prepared for this? (2) There is a massive hospital in China that was built in only 3 days, come on man it's unbelievable cause they already know how these virus would impact the world, there are lots of hospital in China that can actually handle all the several patients that time. Are they prepared for this? (3) Why Beijing was not hit destructively? given that there are 14 days of the virus to begin showing symptoms, someone could've been traveled from Wuhan to Beijing at that time period. Then there is a very suspicious action that Xi Jinping did When he visited the affected areas of the virus he only wore a very basic mask, imagine doctors are wearing a suit when dealing with patients and their president is just wearing a face mask given that the virus can attached to a surface that can get you easily infected. My question is why? Did he already vaccinated with the antidote they secretly created? Did China sacrificed its people knowing they got billions of them just to cripple their enemy's economy? A new type of war? I would not be surprise if one of these days China will just announce that there is already a cure.
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