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1181  Economy / Gambling discussion / Re: Gambling Physically vs Gambling Online Using Crypto on: March 12, 2020, 05:18:39 AM

We all know how gambling does really makes us feel good especially if we're tired and we won a decent profit from gambling. That's why it is good to talk about the excitement we feel while gambling but here's the question, what is more fun to play? Gambling physically, or gambling using bitcoin online?

For me, gambling physically is really good especially if you have a lot of funds to play, but with the alarming COVID-19 virus, it is quite dangerous especially to play tangible equipment that people are using so at this time, online gambling through cryto, on the other hand, is more reasonable,

Here are some reasons that we should consider thinking about gambling online through bitcoin and crypto from this resource:


1. Gambling using bitcoin is fast, you can deposit amount, withdraw your funds, faster than other platforms available.
2. When you are gambling, one thing you consider is your anonymity, and with bitcoin, you can play no matter who you are, with you identity isn't at risk.
3. Games from cryptocurrencies are probably fair, you can guarantee that you can win with a 50/50 chance.

And in addition, based on my experience, gambling through cryptocurrency allows you to play even without a fund deposited because of some gambling platforms allows players to use faucets so if you are not a hardcore gambler, then you don't need to worry about putting much amount just to play.

If you have any other reasons why gambling online through crypto is the best, please share it.
Yes it's true gambling physically is more fun because you can talk and you can see the people who gambling with you. But for I love online gambling using bitcoin because I can manage my loses. Once I get lose I never go back and play again because I have limitation to add bitcoin in my wallet once I lose I will gamble again once I have bitcoin. But in physically if hot lose I go home and take money again and I go back to gamble again. So I think gambling online is enough for me.

When you play gambling online, it is very hard to limit the money that you can spend. You're just playing online at your home and you can access your bitcoin wallet easily. You don't need to withdraw your money outside, although you're staying at home, that will still make you spend a lot of money in gambling. While in physical gambling, you can withdraw or bring a limited amount of money for you to stop when it is over. You can manage your money and stop yourself from withdrawing again because you see that you're unlucky that certain time. But in this circumstances that there is a Covid-19 spreading, in physical gambling, most places are crowded and not safe. If you really like gambling, you can do it online but the consequences are there and you're the one who is responsible for that. Always think twice because it is not easy to earn money.
1182  Economy / Gambling discussion / Re: [ BOXING ]: Anthony Joshua vs Kubrat Pulev on: March 12, 2020, 04:26:40 AM

Boxing Records update;
Wins does not matter here for sure. Especially Anthony  Joshua got the advantage in reach and height.
But Kubrat Pulev is much older with 8 years older.
This match is exciting, I'll go with Kubrat Pulev here with small bet only. They have both 1 loss, feels fair.

I'm in favor of Anthony Joshua because he is very relentless inside the ring. Reach and height advantage is not the factor but his skills in dominating his opponent really makes me enjoy watching him. He defeated Andy Ruiz Jr. although Anthony had a hard time fighting him. Don't say that body composition really can bring you to win because sometimes the smaller reach have a quicker movement and punches. In addition to that, Kubrat is much experienced than Anthony when it comes to durability inside the ring. Kubrat Pulev is very hard to knocked down because of his endurance in the fight. As you watched his last fight, he can stand in the ring until 12 rounds. But I believe that Anthony Joshua will defeat him by a unanimous decision, so I will bet on him.

They have both 1 loss, feels fair.

This doesn't matter, being defeated is normal and nothing is wrong about that.
1183  Economy / Gambling discussion / Re: Do you stop gambling in a time of crisis? on: March 11, 2020, 07:37:03 AM
Guys, in moments such this we are living, with a crisis just ahead of all of us, do you stop gambling?

In my case I have to admit that I will stop for a while.
When I see some crisis or a decrease of my salary (I have my own business), I immediately cut some stuff and gamble are one of the first I stop, like going out and trips too

For those people who can still handle the problem, surely they will stop doing gambling to began working on other effective solutions. But for those people who don't have any choice how to get out of that financial problem, there is a big chance that they will consider doing gambling just to hope they will win big. Not just that, aside from doing gambling, they will also consider those illegal methods just to get out of the problem.

Honestly, I can't even say what will I do if ever I will be in that situation.

Generally, there is no definite answer for this since it depends on how heavy or worst the crisis is.

Definitely, you should stop. Most especially if you're as student, you have family to feed for, and if you're not financially stable. Don't take gambling as a source of income because the money there is uncertain and hard to obtain. I knew a lot of people who are addicted in gambling and then they are miserable now because they think that gambling will change their lives. The solution for that is instead of gambling, other option is to invest a business so that you're money will circulate and be manipulated properly and at the same time, earning profit. In a time of crisis, no one should become more confident about the money they have because there is a possibility that the only money you have will still disappear on your hands. I advice you to think properly and include the people around you and the environment that you have as your basis in your decision

Generally, there is no definite answer for this since it depends on how heavy or worst the crisis is.

Crisis is a crisis, no matter how worst it is, crisis is still a problem that we need to look for a solution. Everyone in the world experiences it and there are no difficulties about that. Seek help for the people who are wiser and knowledgeable about that kind of circumstances.
1184  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Means of Donation on: March 11, 2020, 07:03:01 AM
It is good to see when an organization, business or known personality declared that they are accepting bitcoin.

As part of adoption, they are looking to the possibility that bitcoin will be massively used and they didn't go wrong accepting it.

if those people or organizations accepted bitcoin as payment, then it translates the fact that they recognize that bitcoin has value in the market and they believe its existence. because if they have no slight trust in dealing with crypto, they won't accept it and will prefer to stick in fiat.

or they may be trying to explore their horizon in cryptocurrencies, either way, it is good for crypto adoption. remember, their fans and supporters will always find a way how to access their idols.

If the crypto community give something for the society then they will know that bitcoin brings a positive vibes to those in needs. People should comprehend that bitcoin is not only about money, we want to inform other people that it will help us grow and help us unite as one. Bitcoin can be a source of income and at the same time, a source of peace and unity to other people. In addition, it will also help us to promote bitcoin to earn more respect and popularity so that people will become more knowledgeable about the advantages of cryptocurrency in our economy. Crypto community doesn't want you to give back after the donation, we just want you to know that crypto needs mass adoption and support by the help of the society and the government. Bitcoin really has an importance in the market and we need to take advantage to it for the people to grow.
1185  Economy / Gambling discussion / Re: Ways to recover from being addicted in gambling. on: March 11, 2020, 05:47:17 AM
What about limiting your budget for gambling ?
The limited budget for gambling will not allow you to become addicted to gambling, because once you are out of your budget you will automatically quit it for the day or week, according to your plan. The less funds you allocate to gambling, the better you will remain safe from the risks of losing money.

Honestly, this won't help in most cases. The eagerness to bounce back is always there when people lose.

Let's reconstruct your statement into:

"The limited budget for gambling will push you more to become addicted to gambling because once you are out of your budget you will find a way to recover on that day no matter what. The fewer funds you allocate to gambling, the more aggressive you will seek for money to gamble."

Self-discipline is the key. Fight the addiction no matter how hard it is.

Gamblers get addicted by their choice, I don't believe that gambling will push you to become addicted to it. At first, if you really want to reach that point, you should limit yourself in the first place. Being greedy after a loss will really make you lose more and unfortunately, everything. Your mind and body is yours, so you are responsible and accountable on what you do during gambling. Aggressiveness is the no. 1 enemy of the gamblers, they see gambling as a source of income in their daily lives which is wrong. No matter how hard you try to fight the addiction, but if you're not limiting yourself in doing that, then you will a have a hard time to manage your money. Self-discipline is not enough just by saying it, we must perform and practice it before and during gambling.

After we gamble, we must reflect on the result that we could get. We should think more, understand, perceive, and realize if gambling really can help us grow in life.
1186  Economy / Gambling discussion / Re: Does anyone pay for slandering gambling websites on Bitcointalk? on: March 11, 2020, 05:13:50 AM
In several threads in the gambling section, I noticed "Newbie" accounts that try to slander the name of the gambling website in any possible way.
Some often sounds very trustworthy - they certainly have experience.
Do you also think that competitors pays for slandering?

I see nothing wrong for those newbie accounts to have a complaint against a site as long as they backed it up properly, explained it clearly and well-detailed, and able to show some valid evidence.

I also don't think that site owners will pay to crash the other site's credibility here in the forum's gambling section although, in the real world, this kind of activity really happens.

We as users have the ability to understand if such claims are true or not just by reading the arguments and heated discussions of both parties. If you don't mind, can I have those example threads that you think those newbie accounts sounds very trustworthy on their complaints?

Although that's really happening and we have nothing to do if that's what they want. But destroying other website's legitimacy and good image will not help you to become more successful. Some are just creating an alternate accounts here in bitcointalk so that they are anonymous in slandering other gambling websites. It is some sort of competition and not all gambling website owners are expecting that because all they want to do is to have some good reviews about their website.

We can see if the slander is true or not based on the feedback and reviews of the website, if the comments are really persuasive and legit then they are warning us not to used that site. But if it is opposite to his claim that the website is trash then that is slandering. It still depends if the account is verifiable and a certified gambling critique that will give us a reliable in formation to believe in.
1187  Economy / Services / Re: [OPEN][SIGNATURE CAMPAIGN] Malubit.com - Bitcoin Sports Betting [4 Legendary] on: March 10, 2020, 01:47:52 PM
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1188  Bitcoin / Bitcoin Discussion / Re: Is bitcoin mining a problem of wasting energy? No on: March 10, 2020, 09:35:46 AM
First of all, not all crypto needs to consume power. The “waste of energy” is the barrier to protect bitcoin with competence. This is the nature of PoW.

Moreover, in 2018, the total electricity consumed by bitcoin is the same amount as Ireland, the country. However, the total market value of bitcoin was about the same size of Ireland M1 which consumes much more resources than just electricity, In order to support a country’s M1. From this point of the view, PoW the consensus, actually is more efficient than any other form of modern social consensus.

About bitcoin and crypto refers to the article below:

https://www.mycrypto101.net/post/is-bitcoin-mining-a-problem-of-wasting-energy
Nowadays, energy production technologies are being actively developed using alternative sources. This is especially true for solar panels. The technology of their production is constantly being improved. I recently read that the Chinese have switched to the production of larger panels with a side of 210 millimeters, while their efficiency has increased. The production of such electricity is very cheap, convenient and affordable for everyone. Therefore, I do not think that the extraction of bitcoins will be a big problem in terms of energy consumption. The sun is enough for the next several billion years. In addition, humanity is already approaching the possibility of launching artificial suns into near-earth orbit. It will be a ball with a diameter of only six meters. A few of these "suns" will make it possible to provide light and heat to our entire planet.

No,it's not cheap,convenient and affordable.It's still expensive and the production of such solar panels damages the environment.
Launching artificial suns in near orbit?WTF is this BS,OP?I've never heard about this science fiction BS.
The future of energy production is in geothermal energy and the nuclear reactors that use thorium instead of uranium.Thorium is more affordable than uranium and produces 10 times less nuclear waste.
Anyway,BTC mining isn't wasting energy.BTC has value and the electricity used to produce BTC has value.
If we use your kind of logic,then turning the lights in your house is actually wasting energy. Grin

Bitcoin is worth mining for and will really make you earn a lot of profit. As the news are coming, they say that bitcoin is again going in a downward movement and it is really so sad to see a news like that. Most people are hoping for the bitcoin that it will make them richer and grow a lot more but they should know first the advantages and disadvantages of it. In this country, bitcoin isn't that popular because they aren't knowledgeable and the promotion of bitcoin is limited. The electricity used in mining bitcoin is not a problem if you're in a well-developed country like US, Japan, Singapore, and etc. There's no problem and energy wasn't wasted because of the productivity of the bitcoin miners and how they work hard.
1189  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not suitable as a currency, it's a store of value on: March 07, 2020, 05:01:42 PM
I want to ask a question, if there is a Bitcoin ATM card, and you want to use it to pay bills such as an hotel booking, will the payment reflect instantly while the atm machine or Miners still has to process the transaction?
Bitcoin ATM isn't necessary right now since we can create a transaction thru digital phones only or other digital things.
That's right it's not necessary because other establishments used QR codes when accepting Bitcoin as a payment. I dont think if there is a Bitcoin ATM card, all I know is a Bitcoin ATM machine where you can buy/sell your Bitcoin.

As mentioned above, the Lightning Network will solve the problem for micro payment and it is faster than the regular transaction of Bitcoin.
If you don't understand what is Lightning Network you can read it here for more info, A Beginner's guideline to Bitcoin Lightning Network.

I dont think Bitcoin can replace fiat, they had a different function and both of them are useful to us. Just accept the fact that Bitcoin is good for an alternative when it comes to payment transactions online. Yet, Bitcoin is the number of digital currency I had ever known.

As our technology is constantly developing, some features in the bank are also developing. But we don't need ATM for bitcoin as of now, we just need more people to understand how bitcoin works and how important it is. Mass adoption is all we need right now so that the government and world economy will make a bitcoin withdrawal through ATM machines. Most likely, this machine should be in a highly secured places and is guarded by a security. But in reality, bitcoin is known just for a store of value because its price is not constant compared to the fiat currency that is stable when we use it in our daily lives.
1190  Economy / Trading Discussion / Re: Trading vs. Investing. on: March 06, 2020, 10:59:07 AM
Trading is a very risky part while investing is you're always is a safe zone. Why? Because you can hold it depend on how long the time frame you want and the profit you have been targeted on it.

Not necessarily. You being in the sort of "safe zone" completely depends on what you're actually investing in. I mean, you could hold certain penny stocks for god knows how long and you could still end up in a huge loss.
Both are risky, and it doesn't mean that you're not an active trader and just holding a certain portfolio can give you a guarantee to make profit. If you are just investing and holding, you still need to actively watch the market so you can know if your money is still growing or no more chance to go up because it is being de-listed or a certain exchange. There's a big different on a risk level of this two, you just need to classify your risk appetite and invest properly.

If you are really willing to spend your money just to gain profit, then the two options are the same and effective. If you invest your money, you just need patience and proper manipulation. Compared to trading, it does require a more strategic planning so that you will not lose your money. Trading really depends on how you perform your trade in the market or in your customer. It is not easy to consider when you will trade, in investment, you just need good maintenance about the business you're handling. Also, when you're wise enough to run a business with yourself and your company, then learn the advantages and disadvantages of investment so that you'll not be glad about the results or the possible events that may occur.
1191  Economy / Economics / Re: Why Bitcoin Is Not a Viable Currency Option.q on: March 06, 2020, 09:19:31 AM
Viable ?
How would it be a viable option when the volatile nature of the currency is so essential to people involved with it .
It is the only thing that actually makes it so different from the normal Fiat currency .
I do think a viable currency should be stable but at the same time it should be recognized by the government and supported by something solid.
I do think it is okay to pay using bitcoins in some places , if you are doing an international trade off it is ofcourse better to pay in bitcoins , you will save tons lot of money .. 
Depends on the situation , but in everyday... No-no

The volatility will only be reduced if more people come into the system. I completely agree it would not be a good fit for the daily usage because of the speed and transaction fees. Even if major adoption comes in to picture BTC can be used for Store of value as gold and for international transfers over traditional methods and other cryptos like stable coins or other faster and cheaper coins in terms of fees can be used for daily usage.
right, if there has been a mass adoption, then the volatile will be reduced, unlike now, but fluctuations will always be there. indeed many people claim that bitcoin is not suitable for payment, especially for small transactions, because the fee is relatively large



Most of the people already knows the truth about bitcoin, it's price isn't that stable and is hard to predict, so how come that it will be a viable currency? Fiat is more useful and practical than bitcoin, although bitcoin can really give you a huge amount of profit. But that doesn't mean that it is always a win win for the bitcoin users. When its price goes in a downward movement, everyone are holding until it becomes high again. But you're uncertain when it will grow its price again, prediction is needed and technical analysis is required for you to prevent losses during transaction. It is very hard to manipulate the market when you know that people are wise and they hold better than you.
1192  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: Bitcoin Legal in South Korea! on: March 06, 2020, 07:59:38 AM
Congratulations to South Koreans.

First Japan. Then India. Now South Korea.

Slowly and silently Asian countries are discovering the fact that the only way they can compete with USD/EUR is by legalizing Crypto aka BTC. They wont ever be able to take their individual national currencies to the level of acceptance USD/EUR has. Hence, they are banking on decentralized medium of exchange.

Question is When China?

China will never accept BTC but will create their own as China had been developing their own crypto world. They may not allow BTC in the mainland but probably in some places like Hongkong where the business areas are. This kind of structure had been done by them in their current system. The Chinese are also creating their own digital currency so crypto must be accepted but not in the mainland.

Who knows? Maybe they will accept Bitcoin too when time comes? because as long as Bitcoin popularity hits the mark, then maybe their government will have a change in their mind to accept Bitcoin again? it's not like Bitcoin will just perish in the future. Bitcoin is here to stay and more countries are sure to accept Bitcoin, we just need time. Also, it's not like China's citizen hasn't accepted Bitcoin anyway, they do and they are taking advantage of it.

It is impossible for China to do that, even if we become optimistic when it comes to this, the probability that they will legalized bitcoin in their country is very low. Unlike in India, the latest news said that they already accepted cryptocurrency in their country with the help of the people who uses and support cryptocurrency. India is the 2nd largest population in the world and look, they already legalized cryptocurrency, also in South Korea. There are many good news related to crypto are spreading faster and become a trending. I hope that the value of bitcoin also become developed and become higher again so that it will attract people to use it and know the advantages of it to their economy.
1193  Economy / Gambling discussion / Re: Not Just for Online but also IRL Gambling on: March 05, 2020, 07:47:57 AM
Have you ever played on a game were it is totally a scam without realizing it? I just seen a facebook post in which there are several games that doesn't let you win even though how many times you try and you'll just feel like giving up then they will tell you that you won or let you win ... but without realizing, it was just a tactic/s to have you play until you burn your eyelids and money to that game.

This applies on both Gambling Online/IRL, So tell me have you ever seen one of these games and you'll just realize it after the game or watching other people play that certain game?


I dont know if i got victimized or not after all the years ive been trying out to play with new sites, i eventually stop right away
when i do experience losing streaks and also when the time there are complaints about provably fairness and odds of winning.

Usually i do always check sites credibility first before making any deposits but there are really times that im the one who do risk
on playing on newly launched.You cant tell if they are legit or not if you wont try, yes its risky but thats how it works.

IRL gambling and online gambling is just the same, the only differences is that you're engaging in front of the screen in online gambling. Online gambling have a variety of games compared to IRL gambling because there are many online betting in online that you just need to wait for the result while in IRL, it is actual and on the spot. Both are risky, both are uncertain when it comes to the result that's why they are both not be tolerated by the people who have money to gamble for. They should invest their money to a proper business where he or she can make profit out of it. Gambling will just make you lose your money and can bring you stress and depression. But it depends on you because the money you will spend in gambling is the money you've worked for.
1194  Economy / Economics / Re: Good news for bitcoin from India, should other countries also follow the suit? on: March 05, 2020, 07:11:22 AM
They should follow suit : Yes
Would they do that : No
Well more or so people actually stood up for their community in India and the good thing is the government supported it and allowed them to present a case and even after that they won the case .
This is how a government should be , straight simple for the people by the people but unfortunately not all countries are alike and the people are hiding Monarchy behind democracy.

Did government support us - No!

They indeed appointed a committee who suggested punitive actions including 7 years of prison term for holding cryptocurrency in India. It's the court who passed the judgement in our favor. I am sure, the government will strike back again on us with some other regulations. India is currently being ruled by a  religious party who are least bothered about progressing ahead!

I hope that most of the countries in the world that still don't see bitcoin as a potential digital currency, becomes next to India. In India, rules and regulations should be implemented because bitcoin really involves money, and when money talks, many people becomes abusive and hard to manipulate. They are lucky because the government already accepted it as a currency for how many years. We need to give credits to those people who see bitcoin as a future currency that will really help develop the economy of a country. The only thing is that they need to work the bitcoin with the art of manipulation for a progressive and succeeding effect in the people and economy. Overall, this will help us for another mass adoption and I think it is a good thing for us who uses cryptocurrency.
1195  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Could Be The Key To World Peace on: March 05, 2020, 06:16:41 AM
It's more about blockchain decentralisation than just bitcoin in specific. Imo, bitcoin would take a long time to replace the actual fiat which is still idealistic to be true.
The world peace seems to be also an imaginary thought. I can say that humanity has more chance to unify as a global community and may achieve more freedom.

The chances for Bitcoin to replace fiat is slim to none rather if that happens, it may take a very long time.
While, chances for world peace to happen is zero, and yes I agree, it's just imaginary. With humans developing hundreds or thousands of ideas everyday, it's inevitable to have contradicting ideas which led to misunderstanding and a cold war, and I don't think blockchain and Bitcoin can do something about it. While protesting is always the way out to be heard by the masses and government.

Bitcoin can really makes us unite as one because if all of us uses bitcoin in our daily lives, we can help each other relate on what we do. Also as our technology develops, mass adoption is directly proportional to it so bitcoin can become more useful and increase its volume in the market. But the only thing makes the world cruel is money, resources and etc., resources are limited and at the same time, also the bitcoin. We are having a hard time to manage it and manipulate it properly that's why people are having some conflicts or most probably war. That's the reason that world peace is an imaginary thought, but I believe that we can do something about it. Government should do something about that to prevent more disagreement in the future.
1196  Economy / Economics / Re: The Impact of Corona Virus Disrupts the Crypto Industry in China. on: March 04, 2020, 06:03:52 PM
The advantage here is that workers can work from home and crypto tasks can be done from home that is an advantage; if many people didn't know cryptos before coronavirus and now they do thanks to Coronavirus that is good, but not for people getting infected. I am sure soon the businesses behind coronavirus business will release their magical cure (vaccine), they have achieved the first phase now (mass adoption of their concept (coronavirus), their second important phase for them is to start selling their vaccine or cure they probably already have, they might be just waiting for the right moment to launch it. They have created and achieved/conquered a big global market now in just weeks! using fear, yellowish unfair mainstream media supporting them "informing" the masses.


It's not just the crypto task but majority of operational task can be done from home if they have a stable internet connection. My company has a big team in Beijing and they are working from home since the news about Corona Virus broke out!

Also to the second part of your statement shows that you believe Corona Virus is a planned attack. Do you understand the gravity of this claim? Thousands of people lost their life and millions are quarantined. What made you think that it is a planned conspiracy?

But why is it that it will disrupt crypto industry? Cryptocurrency doesn't really require you to go outside just to trade. It is digital so all of your money or assets can be transferred through digital and it is not a direct contact with the people. So it is safe to use when you have someone to transact with and it will surely help the economy not become disrupted. All you need is internet connection, laptop, or cellphone just for you to still use cryptocurrency without getting our of your house and be safe from the virus. Corona Virus really killed a lot of citizen in China but there are a lot of ways or safety measure just to prevent it and at the same time still using cryptocurrency in many ways.
1197  Bitcoin / Bitcoin Discussion / Re: Supreme Court of India finally uplifts the ban on Cryptocurrencies in India on: March 04, 2020, 12:12:55 PM
if im not mistaken i think i already heard this news before on this forum .  before i see a news about india lifting ban but now i see this post again and its new. not sure if they re ban crypto again for the second time but that is not important anymore and i dont want to waste time anymore finding the reason of the second ban but what is important is that india is back on business again .

lets just hope tho that they will not going to ban crypto for another time because that is pretty anoying and can bring lots of hassel as well as impact on the market .
I think it is from different country, since 2018 crypto is banned from India and since then, they have an internal discussion regarding the issue of cryptocurrency ban in their country. They don't have any history of lifting ban or what, only today.

It is a good way to start from making cryptocurrency as a mode of payment in India. They should already accepted it before it's too late that bitcoin goes a downward movement unlike in 2017 where it reaches about 20k USD. But somehow, India is a 2nd most populated country in the world and it will surely grow like China. Although they have different point of views when it comes to currency, maybe mass adoption will be the key for them to grow their economy. Because most of the country that uses cryprocurrency already developed their economy and they are know having more advanced technologies. India is also a developing country so it is more likely that they will succeed in using crypto.
1198  Economy / Economics / Re: Cryptocurrency can not replace fiat currency. on: March 02, 2020, 11:47:14 PM
Not all can afford high fees with slow transaction process.
What high fees? The vast majority of my transactions are made with fees of 1 sat/vbyte, which works out as a couple of cents. Even if you sre paying something like 40 sats/vbyte to guarantee placement in the next block with every transaction, you are still talking less than a dollar in fees for most transactions. For microtransactions then you can make Lightning transactions with fees so small they are irrelevant. Credit card fees are up to 3% per transaction.

Transactions also aren't slow. Credit cards transactions can be reversed for several months after they have been made. Bitcoin transactions are final within an hour. For instant transactions, again you can use Lightning.

Although there are still other "altcoins" that offer fast transactions with low fees
The reason altcoins can be faster per confirmation is because they are less secure than bitcoin. Most altcoins will take several thousand confirmations and and several days or weeks to reach the security Bitcoin achieves in an hour.

They have different advantages and uses so it is not worth it to compare. Digital currency like bitcoin is more on about investment and faster transactions. This currency can be stocked and it will surely preserve the value of money. But when it comes to practicality, fiat currency is really the best option to use if you're buying goods and anything in the market. Also people tends to use fiat currency more than bitcoin when it comes to paying bills, buying a car, house and their necessities. Bitcoin can also be a material for payment or transaction but as people are using fiat currency for so long, it will never be vanished or become replaced because most of the people prefer to use fiat.
1199  Bitcoin / Bitcoin Discussion / Re: How to protect bitcoin and other cryptocurrencies from hackers. on: March 02, 2020, 02:08:02 PM
As I was reading news today on cointelegraph, what i read really shocked me. It was about a new trojan. The trojan can affect exchanges apps. The trojan get access to specifically google factor authenticator on devices and steal it. Use the link below for the full details

https://cointelegraph.com/news/threat-alert-new-trojans-targeting-major-crypto-exchanges-apps-discovered

I am new to cryptocurrencies  but I gained a lot from this news. We need to stay connected everyday to read news because cyber criminals are looking for ways to steal our coins.

A week ago, I read about the safest wallets, I found out that the safest are paper wallet and hardware wallet. The wallets are offline but to make a transaction, you have to connect it online. I later read of a malware that can steal cryptocurrencies  from trezor or ledger nano in just 15 seconds which are the best hardware wallets.

So, we need to know how to manage our wallets too and have a strong antivirus to protect us from hackers and also we need to know the latest threats from cyber criminals so that we can protect ourselves away from them.
Knowledge is our best weapon against all these hackers. If we are going to stay ignorant and miss out the most important news in the market every time, then we would end up becoming prone on getting hacked. Always stay updated on which antivirus would function best on protecting your information and at the same time, know and find some ways on how you can give your account the best security it should really have. If you are going to let your account lie down without any protection from hackers and you are being careless, then don't be surprised anymore if one day you lose all of your wealth.

Never open your wallet or accounts to another device. Don't log in if the device is not yours. Always keep that in mind.

People are always losing their money because they always forgot to logout their account when they use another device. It is very dangerous most especially if you are not really close to the person you borrowed the device. Sometimes you just need to use your own cellphones, laptops, desktop and etc., for a more secured and protected bitcoin. The same with the other cryptocurrency, take care of your belongings most especially those cellphones that have access to your crypto account because we don't know if people are good in hacking accounts or not. So the good option is to always be careful and comfortable with your account and always use one device only for the crypto account.
1200  Local / Pilipinas / Re: Comelec Eyes Mobile App for Voting on: March 01, 2020, 03:56:11 PM
Very risky move to be honest dahil sa nakikita ko ngayon mejo incompetent parin ang IT ng gobyerno.


[1] https://en.wikipedia.org/wiki/Commission_on_Elections_data_breach

100% agree on this.  At isa pa lalong magkakaroon ng dayaan dyan.  Tataas lang ang bentahan ng mga mobile phones at mamahal ang presyo nito dahil obligado na ang lahat na bumili ng mobile phone.  Mas madali na ring manipulahin ang result ng halalan.  Sa ngayon, with the capacity at capability ng Technology ng Pinas, hindi pa kayang iimplement ang ganitong mga proyekto.   Kahit na ioutsource nila ito sa mga capable na company sa ibang bansa,  hindi pa rin tayo nakakasiguro sa credibility na mangyayari sa halalan, like dun sa possible na dayaan na ngyari noong nakaraang halalan, in just a simple script nabago resulta ng election.
Kaya nga,  napakalaking dayaan ang maaaring mangyari. Lalong makakalamang ang mga may pera o nakakataas sa lipunan. Gaya din ng sabi mo hindi lahat may kakayahan makabili ng cellphone at alam gamitin ito.  Magiging problema to para sa mga katutubo.

Yung mga secured na applications nga sa internet nahahack pa din ng hackers eh yan pa kayang mobile app for voting na bagong gawa lang. If bagong gawa lang yan, marami pang butas yan at napakabasic lang sa mga mandaraya nyan. Eh hindi natin alam na may mga rumors na pati ang mismong COMELEC baka may kumikilos na pandaraya na yan. Mahirap na magtiwala ngayon sa mga ganyan, kahit nga yung mismong mano mano na botohan dinaraya parin sa resulta eh. Hindi talaga aasenso ang bansa natin kung yung may mga kapangyarihan parin yung nagdidikta kung gaano katagal sila mamumuno sa pwesto nila. Kahit na maraming matalinong tao, mananalo't mananalo parin ang may kapangyarihan. Kaya tayo parin yung talo sa dulo.
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