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1  Economy / Economics / Re: Steam bans blockchain games on: October 15, 2021, 11:12:41 PM
https://twitter.com/SpacePirate_io/status/1448713803680473089

Steam decided to kick all blockchain games because they tend to feature real money trading for in-game items.

IMO this is a good decision, at the current state blockchain games are just another vehicle for speculative investments and even scams, and unsuspecting people shouldn't be lured into them.

This is interesting news. Here I thought that I was going to experience playing blockchain games in Steam but this move is going to be healthier in Steam's ecosystem in the long-run given the current state of cryptocurrencies in different countries.

Assuming that Steam remained those games in their platform, this would eventually lead to their downfall once a cryptocurrency is declared prohibited or banned. Another thing, some of these blockchain games also avoid taxes on some countries- that is why having to prohibit such games will benefit Steam's reputation and image in the future.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN}Crocoswap first blockchained card game ; single,multiplayer play to earn on: October 15, 2021, 04:51:43 PM

Aside from the possibility of plagiarism --which I'm somewhat sure they'll use that "we hired content creator" excuse-- and their tokenomy details --which when I glanced at it, I see they have FIVE tokens!-- I would suggest everyone to thread carefully on investing on this project. Poking my curious eyes into their tg, it seems they used to be a local focused group before deciding to go public.


Thank you very much for your added information, @holydarkness. From the information you gathered, I think there is indeed the presumption that most of its TG followers were once bots in order to increase the said users and use it to attract people from believing that their project is supported by hundreds.
The fact that most of the conversations were deleted and some replies were very generic (e.g. "nice project", etc.), we can safely assume that people should be EXTREMELY CAUTIOUS before they invest.

By tomorrow, I may open a scam accusation against this project for (1) failure of OP to answer against the allegations; and (2) for the added information you brought.
3  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: October 15, 2021, 04:25:31 PM
About OG vs TS then no doubt i would hands down for OG.
Sad ending. Team Spirit took down OG for two games straight with an "ez game" all chat by torontotokyo.  Tongue

There's no more 3-peat hopeful for this TI10. Team Spirit's performance is awesome and they're the dark horse of this tournament. Let's see if they'll take down Virtus.Pro after T1 and VG's game.

I think in terms of mental state, VP is on the state because TS' just came from 2 straight games although they have a few hours of rest.

Man when I saw OG getting crushed, it made me realize that they are not truly an "immortal team" especially with their 2-peat. After the game, I saw Sumail's face completely shattered- like he was in a state of shock after the game. Game 2 was truly a disaster as TS were dominating the early matchups. I think the draft was pretty weak on OG's side especially that all of the focus was centered towards Sumail getting farmed.

Nevertheless, I expect Secret to win this year's TI! While I do think that TS is the dark horse of this tournament, their experience will be their downfall once they face a more experienced team soon.
4  Bitcoin / Bitcoin Discussion / Re: What if stop believing about bitcoin ? on: October 15, 2021, 04:07:33 PM
Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

Stocks have no physical value also, so why do they cost a fortunate especially to some blue-chip companies? Remember that the price of BTC derives from the persons who are willing to pay such price. In addition, the price of BTC also stems from the law of supply and demand due to its inflation of only 21 million in supply.

Many have seem to invalidate the actual use of BTC and only see it as an investment opportunity. Remember that BTCs were created in order to eliminate the need for a third-party consensus in our transactions. While its price is significantly high, such is only its secondary use for the time being.
5  Economy / Gambling discussion / Re: 2022 NBA Season on: October 15, 2021, 08:44:54 AM
The game between Nets vs Timberwolves show on how James Harden matured as a player. He definitely knows his role in the game as he was able to dish out 14 assists. Since he knows that Durant will be able to dominate the playing field, he acted as a support for his teammates, which he made them better. I am looking forward to see other games of Nets and on how they are managing their chemistry.

Unfortunately, Lakers have yet to formalize their team chemistry with each other. Like what I previously mentioned, their individual players are skilled (most are all-stars) but as a team, they have to work on their chemistry and ball movement more.
6  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: October 14, 2021, 04:13:55 PM
poor EG. Two of my favorite teams got eliminated today, EG and Alliance  Sad

As far as I know, I think all NA teams have been eliminated in the International now? The problem with EG stems from their team fights and decision-making. I mean, Arteezy is definitely a gifted player as he can farm well and be at the top of the net worth. But when it comes to team fights, sometimes I slightly question his decisions on being too aggressive.

In addition, Abed is a skilled and talented player which can use a variety of heroes in his pool. Limiting his choices to only three (3) heroes in the game vs VG is like limiting his overall talents.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN}Crocoswap first blockchained card game ; single,multiplayer play to earn on: October 14, 2021, 03:48:38 PM
Hi upon checking the whitepaper posted on the project, I noticed striking similarities of your WP to minisport's WP. Kindly check the reference below for further information. Failure to refute or to answer against my allegation will compel me to create a scam accusation against the project, thanks!

REFERENCE:



8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Liquidchain - First L1 Blockchain Enabling On-chain Liquidity Mining on: October 14, 2021, 07:38:31 AM
Hi, upon checking the "developers" page listed on the website, it seems that the website link is non-existent since the webpage shows nothing. In addition, will it be possible if you could add pictures of the team members who created this project? Though you have provided a Litepaper, it would be better if you could also publish your Whitepaper for everyone to see.

Nevertheless, hoping that this project would be successful. Thanks!

9  Bitcoin / Bitcoin Discussion / Re: Why is telling people you're into stocks "cool" but crypto is a big secret? on: October 11, 2021, 05:25:29 PM
Ever noticed how people would boast or proudly proclaim (or at least used to) that they invest and trade stocks, but they don't feel the same way about crypto, as if it's a secret never to be shared? Why is that?


I think it has to do with the recognition of stocks compared to cryptocurrencies.

Remember that trading stocks is a legal way of investing either short/long-term as it is recognized globally. Not to mention, almost all of tyrants in the business world are engaged into stocks. That is why, whenever someone mentions that they are into stocks, people assume that they are knowledgeable on the market.

As for cryptocurrencies, there are countries which prohibit the utlization and transaction of such. Being decentralized, it has this anonymity factor where transactions cannot be traced. This posed a problem before where it has been used as a money laundering scheme which further degraded crypto's reputation over the years.
10  Economy / Trading Discussion / Re: I need to learn techincal Analysis? on: October 11, 2021, 05:00:10 PM
I invested in cryptocurrency in March of this year for Experimental. What I understand is that you should not invest only by reading the post or by searching Google. I should learn market analysis. Or there is another way to understand the market?

Like in stocks, you do not just invest on something without having proper research or background check on the investment that you just purchased.

In stocks, there are factors that you have to consider before you invest into one. Both the external and internal factors have to be studied and researched well so you could relatively speculate and forecast its price on the market. On the question you provided, there seems to be a fatal mistake- which is investing into something without knowing the product. This could lead to poor performance which may dismay you from investing further.

Next time before you invest, do proper research. The internet contains vast materials that you could learn from.
11  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: October 11, 2021, 04:03:33 PM
There is less than one hour left for the big race. Hamilton will have a really tough job to do in this race as he is going to start at the eleventh position. He did his best by ending the qualifying session as the leader. Bottas is going to start from the pole but I think that Verstappen will take the lead from Bottas in a short time. Hamilton must climb as many places as possible not to be left too much behind in the driver standings. I think that Verstappen will win the race.

Bottas had a very good start and is doing a very good job at the front, Tsunoda held Hamilton off for a few laps and cost Hamilton a lot of time and is currently 6th, but the Ferrari is also very fast and I think Ferrari will be on the podium.

To be honest, I was really surprised by the decision of the team to change the tires of Seb during the race. Unfortunately, the risk did not pay off as it costed him as the rain continued to pour. As for Hamilton, the decision of the team also costed him some points which led to Verstappen to be at the top.

Congratulations for Bottas for his clean race! I'll surely miss him once he transfers to Alfra Romeo since he has this consistent driving as it catches everyone off-guard. Like I literally see him as the silent but deadly racer. But again, p2 and p3 both for Redbull and they got the bacon for this Turkish Grand Prix.
12  Economy / Speculation / Re: Crypto will rival or replace fiat in 10 years? on: October 11, 2021, 03:38:38 PM
76% of finance professionals believe that digital assets “will serve as a strong alternative to, or outright replacement for, fiat currencies in the next 5-10 years,” according to Deloitte’s annual global blockchain survey.

Is there any possibility that this could happen or this was just another speculation that is impossible to believe, but if we are going to look at the percentage of finance professionals that believe on the possible replacement of fiat with digital assets I think we are in 90% basis in favor of rival or replacement of fiat. Show me your comments about this news guys if you believe or not with this possible replacement?

I highly doubt so.

Fiat was created in order to have a standardize unit of currency across the globe. With the value of fiat depending on the number of gold reserves, inflation, etc. of a country, it is recognized globally that there are currencies which hold a greater value compared to others. Bearing that in mind, what cryptocurrency lacks is the recognition and implementation widescale.

Remember that if crypto were to replace fiat, countries would have to implement technological application for its transactions. Of course, developed countries have no problem with this but underdeveloped and some third-world countries would be prejudiced by this. There are other priorities that such countries must focus (e.g. education, transportation, etc.) and shifting to a digitalized currency is like the least of their problem at the time being.
13  Economy / Gambling discussion / Re: 2022 NBA Season on: October 11, 2021, 02:49:52 PM
Yes, maybe we will see Russ and Lebron together in the game or Russ coming off the bench to lead the second team.

There is no chance we'll be seeing Russ come off the bench to lead the second team.  The guy is one of the best basketball  players in the world.  The Lakers are lucky to have him on their starting unit.  He's been struggling pretty bad shooting from the field in the preseason, but I'm sure it's because he's working on things and getting ready to make a push for a championship.  I have complete faith the Lakers are going to start kicking some serious ass once they get a feel for each other.  Usually I'd say it takes at least a season playing together before a chip is possible, but I think these old guys will find their stride by the all star break.

Like what I previously mentioned, as an individual player, Lakers are fully stacked with exceptional talent and superstars. I think their first five and bench consists of all-star players back on their prime.

Their game earlier against the Suns show on how the Lakers lack their team chemistry and ball rotation. Though Melo showed a vintage performance of his non-stop 3s and deadly midrange shots, their turnovers what killed them starting on the 3rd quarter. Chris Paul showed an exceptional performance on his 3s earlier. His just really an outstanding PG across the field.
14  Bitcoin / Bitcoin Discussion / Re: Why did you miss Bitcoin? on: October 11, 2021, 01:41:49 PM
In recent years, more and more people have started to talk about Bitcoin with me, and the most common words are:

1. I started paying attention to it many years ago, but unfortunately I didn't buy it.
2. I bought it before, but it was a pity that I got off too early.
3. I should have listened to you at that time, buy some.

As someone who joined this forum last 2017, I came to discover the existence of BTC due to my friend who introduced me to this forum. At first, I thought that this forum was only an avenue to earn alternative income via posting threads similar to economics or other areas related to such. But upon browsing the forum, I discovered about BTC and its potential application in the future of transactions.

I think generally, most people already knew about BTC but they refused to dwell on such subject mainly due to media and on how the latter portrayed it to be. In addition, the first years of BTC were crucial as lots of issues started to surface.
15  Other / Off-topic / Re: BattleBots : Is This Another Form of Sports? on: October 11, 2021, 06:42:06 AM
A few years ago in my country they even showed BattleBots on one of the cable TV channels. It's quite a spectacular competition that can be used for betting. I do not know if I would bet on these competitions, but I'm sure that if you add such a possibility will increase the number of fans and therefore the possible bettors.  

I think what hinders from BattleBots from being popular is due to its cost. Creating and providing parts for each bot may costs an estimate of $40,000-$50,000 depending on the parts that individual players put. Another thing, since budgeting is an area in which most people have problems, there exists an inferiority where teams that have a higher budget can put whatever upgrades or parts to their advantage.

While BattleBots may seem fun from the viewer's perspective, I doubt that we will see a wide-scale implementation where betting could be applicable due to its uncertainty when it comes to its future.
16  Local / Pilipinas / Re: Ten Years... and the next decade... on: October 11, 2021, 01:25:58 AM
I find it very interesting na si OP, backed by evidence, ay somehow accurate sa kanyang prediction, though ang price ngayon ng 1 BTC ay nasa $55,000. Pero kung titignan talaga natin based on its price history index, ang norm talaga ay tumataas ang presyo ng BTC through the years.

Kaya madaming nag sasabe na in the few years to come, may potensyal talaga na tumaas pa ang price niya for long-term investment. That is also why, view BTC as a form of investment rather than an alternative mode of income. Though depende pa rin naman to kung gusto mo mag short/long-term investment, nasasayangan lang talaga ako if hindi nag long-term investment dito.
17  Economy / Economics / Re: Will governments capitulate and finally recognize Bitcoin as a legal tender? on: October 10, 2021, 06:29:43 PM
This question entirely depends on the laws/regulations of the country. When we mean by 'legal tender', it means that a person may be compelled to be paid using such currency since the government recognizes its validity and transaction on the country.

I do think that BTC, by being a legal tender, will pose problems in some countries especially in third-world and underdeveloped countries where access to such technology is hindered. When you rely something that is volatile as a legal tender, people might not opt to choose such option especially if they rely so much on their income. This is only beneficial to countries that are thriving economically where they can exercise BTC as a form of investment.
18  Economy / Gambling discussion / Re: [ BOXING POLL ADDED ]: Fury vs Wilder III - THE TRILOGY IS BACK ON !!! on: October 10, 2021, 05:58:33 PM
This was one of the best heavyweight fights I ever watched and Fury deserved to get this KO win, not only that but he would win every time against Wilder who showed he is small person who can't accept defeat and show respect and give hand to the winner.


Like what I have mentioned on a similar thread, this is without a doubt, the best heavy weight trilogy that I have ever witnessed in my life. It is such an opportunity to see two (2) warriors battle head-on with all those punches being thrown at each other. The destructive power of Wilder and the flexibility, speed, and skill of Fury just made it the fight of the century.

It definitely revived the competitiveness in the heavyweight category as they are somehow overshadowed by the fights happening in lower weight divisions. As this fight is now concluded, we can definitely say that Fury owned Wilder on this trilogy.
19  Other / Beginners & Help / Re: LONG TERM INVESTMENT REMAINS THE BEST on: October 10, 2021, 05:37:35 PM
I think the price history of BTC says a lot about itself. There is a term in law called res ipsa loquitur where it means "the thing speaks for itself."

The greatest example is to refer to the price history of BTC through the years. I started joining this forum last 2017 where the price of 1 BTC was around $4,000. Currently, its price is roughly around ~$55,000 with a 10% increase this week. That is why, HODL long term for maximum value but this may depend on your goal as an investor. If you do not rely on your investments as a source of income, better leave it to mature for long-term usage.
20  Bitcoin / Bitcoin Discussion / Re: Podcast : Bitcoin on: October 10, 2021, 03:54:08 PM
I have a question about the podcast- does it focus more on the analyzation of the price of BTC and speculation of it on the following years? Or, does it involve explaining the fundamentals of the cryptocurrency technology (AKA blockchain) for newbies to understand?

As much as I want to listen to podcasts revolving around BTCs, I hesitate to do so since the speakers there already assume that the listeners are already adept or knowledgeable about the principles of BTC and its mechanics. I do hope that you create an episode where you explain the basics/fundamentals of it for easier understanding for newbies who are reluctant to join this opportunity.
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