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1541  Bitcoin / Bitcoin Discussion / Re: dollar vs bitcoin on: November 03, 2020, 03:16:31 PM
a lot of stupid people often make threads like this always compare bitcoin with others, not the least it often looks like this, after this maybe bitcoin vs gold, it's like a fool that makes the thread unclear, again no influence with high dollar value or go down even with the price of bitcoin, learn more about it and understand what bitcoin means
Well, we cannot blame them from doing so.
Both cryptos and fiat share a common ground for being a currency, the difference is the platform and their characteristics as a currency. Likewise with gold having common denominator of being an investment. People will never stop comparing even if informations are already existing that will answer their question, maybe because they want it to hear for themselves.

Going back, as how it was mentioned by other users, these currencies are not related or are not having proportionality. One won't engage aiming to destroy another since there's no linkage. And if there is a way from doing so, ofcourse USD will be dominant over Bitcoin, that is for sure especially at this moment.
1542  Economy / Economics / Re: The pandemic did push the world towards a more digital age. on: November 03, 2020, 02:27:25 PM
I can say that this depends on the country you are in right now. It is true though that there are a lot of people adapting to the changes especially as a teacher, education takes a big leap from being used in a classroom teacher traditionally to teaching online and giving modules to students. We can't adapt that quickly, we are trying our best and even though there are those teachers that did adapt quickly, there are still a lot of them that can't do the same.
There are still people who are having a hard time understanding and adapting new technologies, especially those old people. But they are still pushing themselves to use this new technologies, so that they no longer have difficulty keeping up with the trend. Also, the pandemic is the main reason why we make a lot of changes in this world that many people have to work from their home, same as students they need to continue their studies by attending online classes, and the usage of virtual money have increased.

Even without a pandemic, people are already adapting to new technologies. What this pandemic did is just force people to adapt even though they are not ready. It is the main reason why there are a lot of people that are forced to work from their home, attend their  online classes in their houses and the increased of virtual money is also an effect of that.
Actually, those engagements with technology is more likely related to online services and not technology in general. Services and other businesses continued in using online platforms simply because many people have no other options since going outside is prohibited to prevent the widespread of the virus. And that I think is just a small portion of technology. People are just more exposed to the internet lately because of the situation but not to technology at its broadest sense. It won't be valid to conclude that everything will be digital soon just because many people are holding their phones most of the time. If we are not needing drivers, not manually cooking things and such that would be the time everything is virtual, kidding aside.
1543  Bitcoin / Bitcoin Discussion / Re: Do you think this is the start of mass adoption in Bitcoin? or Nah? on: November 03, 2020, 01:23:39 PM
Paypal is one of the most popular platforms.

With a hundred million users, I think it could start the step for mass adoption. I couldn't say that it is the start of the mass adoption but I think it is the first step to the steps needed to be taken for Bitcoin to be mass adopted. It still needed to be pushed, it still need that push and not just with Paypal but it needed more for people to believe and actually start using Bitcoin.
But is this information correct? "There is a need to convert into fiat in every transaction in PayPal regarding cryptocurrencies"
This is what I have heard that businesses which are having partnership with paypal will recieve fiat and not cryptos totally. I won't be surprise by the way since there are still companies in doubt with the market price stability of cryptos. This might be a small step towards mass adoption of this technology. Cryptos will be exposed to the masses and more people will be able to recognize this industry.
1544  Economy / Gambling discussion / Re: [Boxing]: Nordine Oubaali vs. Nonito Donaire - December 12 on: November 03, 2020, 12:00:55 PM
Donaire is more experienced for sure while Oubaali haven't experience defeat. Analyzing their records would seem to be misleading with regards to the possible outcome because there is a huge gap between the number of their fights and overall statistics. When it comes to the size, Donaire has the advantage, and we cannot belittle his agility as a fighter which has been proven already. On the other side, it did not go well on his previous fight which could also be a factor while Oubaali is on a streak which could be an advantage. This would be exciting to watch but I guess I'll go with who is more experienced.
1545  Bitcoin / Bitcoin Discussion / Re: New way to cheat with Bitcoin! be careful on: November 02, 2020, 11:30:38 PM
Perhaps the OP hasn't visited the Scam Accusations. I will advise you to go to that board and see it for yourself have many scam attempts similar to this one has been exposed by a lot of members. So yes, this is not new, just recycle methods to target noobs who will see this as an opportunity to earn easy money, but it is not.
As long as there are victims of scam, this thing would seem to be unending. There are already many cases in that board proving there are different schemes resulting to scam. Scammers are taking advantage of the lack of knowledge of the "new" ones. Offers will be tempting and to quite relate it to the situation at this moment, people are more likely fell for it due to frustrations. The best thing to do in order to not be a victim is to not be afraid to ask those which you think are knowledgeable with what you are pushing yourself with. People do choose not to because they are either shy or times which are greedy of not sharing the opportunity with other people.
1546  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: November 02, 2020, 11:12:49 PM
in my country there is no prohibition on using bitcoin, but no one does bitcoin transactions because many people do not believe in bitcoin, bitcoin in my country is not well known and many people only believe in fiat.
They are more likely aware of its benefits but are not open on engaging to the opportunity due to fear of losing profit. Well, I think that would be better than people investing to cryptos and eventually regretting things because of the partial loss caused by market downfall. Those people tend to pani selling whenever the market is on red marks. Also, if they are eager to learn from this industry, they should do it in accordance with their will than to just invite them. There are cases wherein people earned huge profit from bitcoin and cases wherein they've lost huge amount because the price suddenly fell. These ideas I think is what pushing them away from Bitcoin.
1547  Alternate cryptocurrencies / Altcoin Discussion / Re: Plant more seeds (tokens from bounty programs) until they bear some fruits on: November 02, 2020, 10:38:35 PM
I'm really wondering, is there anyone out here who's had a great success with bounties and airdrops? I have never heard of anyone who's earned a lot of profit in the end off those, and all those hours people waste over assets worth nothing are surely not worth it in the end. Change my mind.
Bounties way back 2017 were mostly successful. In the same year, many bounty hunters earned huge profit from bounties which made it more interesting than to invest. Way back, tokens are more likely to be the payment at the end of the campaign period to the users. Those tokens will have a value upon the release in exchanges. I have this friend who was able to earn $500usd from a single campaign before, which ran for a month only. Unlike today wherein oayments are more based on usd per week.
1548  Economy / Speculation / Re: Is bitcoin cross $15k in end of 2020 on: November 02, 2020, 10:11:48 PM
Prices don't go in a straight line so expect that there will be retracement and pullbacks that may happen, there is currently a parabolic move in the bitcoin and for me it is a sign of weakness if there will be no consolidations that may happen to the price. If there will be a long consolidation above $14,000 levels then there is a high possibility that the price may reach $15,000 and even more. There is currently hype in the cryptocurrency market and it is the reason why a lot of investors have an eye on bitcoin. The buying pressure is still high and it is the reason why the price is keep moving up.
In any market, there's no such thing as a parabolic rise, bitcoin has proven this and although we are close to $14k-$15k, it might take some time to achieve this and definitely there will be retracements and pullbacks along the way. And right now, we can't get over $14k, there seems to be a big wall in front, so expect a wild price fluctuations, not unless we have some news again like the Paypal hype or more institutional money flowing in. We need to wait for that $15k.
The market price is not certain. It moves a lot which makes it hard to make predictions. The market price at this moment is indeed close to the market value in this topic but possibilities are possibilities. There is a chance for further price increase but there is also a tendency for its market value to fall in a sudden.The market price could also be "stabilized" at a certain price mark points. Waiting therefore is indeed more advisable. There's still more than a month in order for changes to occur in the world economy and we have to wait on its reflection in this industry.
1549  Bitcoin / Bitcoin Discussion / Re: How can we stop bitcoin scammers? on: November 02, 2020, 09:26:15 PM
How can we identify when a scammer is trying to scam.

I believe it is simple, their offer is too good to be true.  If we keep our greed at bay, we can easily see their scammy plot because almost all their offer are those that will trigger our greed and make our brain think irrational.  Aside from that, we also need to educate ourselves and do research in every offer of investment we meet.  Patience and thorough research will always save us from the claws of these scam people.
If something is far from the reality or if the project is too good to be true, then there should be curiousity. Curiousity must be followed by action of checking if it is true or not. There are many ways to do so; asking other people inside and outside the project or checking for its background. Think of it as "there's no way a project will be this much". And if you won't lose that much from engaging if there's no other way, go for it. Sometimes risking is worthy of one's time.
1550  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: November 02, 2020, 02:41:19 PM
It is rare for me to gamble with bitcoin as most of the time I use altcoins due to some reasons. Other than that, I have fixed fund for my gambling activity and I set the fund based on my own local currency. Lets say my budget for a week is $100 and I have to gamble with bitcoin, means that no matter how much is the bitcoin price, it wont affect my budget. The number may different in bitcoin but value stays the same in fiat currency. My betting limit per single bet is also limited to a specific value e.g. $2 max per bet. This makes me able to control my budget/money easier than when I have to set my budget in bitcoin as the value is volatile.
I'm not a full time gambler, i used to gamble once in a month but if i were going to gamble and using bitcoin as a bet i can't do it. I treasure bitcoin and wanted to keep it for a long term investment and i believe that bitcoin were worth to keep on as a long term investment. The volatility of bitcoin makes me aware of the things that i should priority first when it comes to bitcoin. And as i can observe that the price movement of bitcoin does affects the gameplay.

I give you a salute that you gamble once in a month because not many people can gamble just once in a month. It seems you can consider that bitcoin is worth keeping and not using for anything except as an investment. If we really care about bitcoin and want to use bitcoin as an investment, we can keep it for some time and only sell if we have a high target price. But many people use the other coins when they see bitcoin price rise higher because that can affect their gameplay.
It is not actually the gamrplay but rather, the coin to be used in playing. Gamblers are conscious of the things they do. In gambling, losing is more certain and using Bitcoin, if it is having a good time in the market, will more likely contribute to their losses not literally. It is just that they would miss earning profit from holding such coin or investment perhaps. In this case, using other mode of payment will be more advisable but if it does not concern you, there's nothing wrong with using it. Just keep in mind to make actions which will more benefit you.
1551  Economy / Speculation / Re: Bitcoin breached $14k today on: November 01, 2020, 11:59:36 PM
Just a few hours ago, Bitcoin breached the long awaited $14k checkpoint.



Long did the analysts and evangelists preached about this milestone.
$14 000 is finally upon us. Are we ready to handle it? Is Bitcoin primed to unleash its might upon us?

This has been expected and more to $15,000 is speculated also. Bitcoin has done well for the last month and I expect a continuation maybe till the year ends as we already approached the ending of the year. This is not advising not to guide and do research for better knowledge on investment.
There are already predictions that the market price will be continuously increasing until the end of this year. But the bottomline is lack of assurance. Research sometimes is not enough especially in this industry wherein patterns are not even valid due to the nature of inconcistencies regarding market behavior of not only Bitcoin but also other cryptocurrencies. Much better is to focus on holding and avoid letting go of your investments for now even if the price is already tempting or even if there are doubts that the market could again go crazy. Hold-still.
1552  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not needed but only for investment purposes on: November 01, 2020, 11:02:32 PM
Do we really need bitcoin?
Of course we need bitcoin, who doesn't? Although the importance depends on the user, in some parts of the  world where there's no restrictions on the use of bitcoin it is been used for payment purposes, why some use it as a form of investment, imagine buying it at $300+ when it dipped earlier this year and selling it at the current price right now which is $13,000+ and its still showing no sign of slowing down, it is undoubtedly one of the best investment one can make nowadays, just buy more bitcoin  Cheesy.
OP asked if we need Bitcoin maybe referring to it as a mode of payment since there are many other cryptocurrencies existing in the world market. Investing into it is really profitable but given the market volatility which is in its nature, there's huge risk of losing since things are uncertain in this market. Anytime, its market price could go down along with your investments resulting to temporary loss. Earning profit from this technology is not as easy as it sounds because deep market analysis is needed for such thing to be earned.
1553  Economy / Speculation / Re: History repeats itself? on: November 01, 2020, 04:03:44 PM
What's on your thoughts here?
I thought that history would repeat itself in 2020, but I was wrong, however, there are still about 2 months left in November & December.

From the graph, what the OP shows, history can be repeated in four more years, moreover half of it was completed last May, it can still be seen about a year after the halfing happened, hopefully so.

A graphical watch shows that between 2021 or 2023, anything could happen again to Bitcoin.

History could repeat itself for bitcoin but not for altcoins, $20k is too far to achieve at the current price but this would result to the dump of altcoins which we didn't see in 2007 as what we saw is a hype for the entire market. If bitcoin will stay at $20,000, I think this would make investors to be interested in investing as they have already proven bitcoin is not a bubble.
At this moment, Bitcoin's market value, being able to reach $14k usd, it is not surprising to know that many people are  expecting for a new ATH. But we cannot blame them from doing so. Bitcoin managed to reach its ATH before and what is happening gives them idea of possibility. But since things are not certain in this industry, there are still people doubting of such thing. Based from what happened, upon breaking the market value, its price suddenly fell. Not to be a pessimist but certainty of breaking the ATH is not yet certain. Therefore, history is also not yet certain.
1554  Bitcoin / Bitcoin Discussion / Re: Has it occurred? Or still in progress on: November 01, 2020, 01:05:45 PM
On the eve of Halloween 31 October 2008 satoshi wrote
"I have been working on a electronic cash system that's fully peer- to -peer ,with no trusted third party."
Can we say that his work has been done or is still a work in progress .
" What has been the development of Bitcoin and improvement since that statement was made till now?
And will Bitcoin (satoshi dream or goal ) be fully accepted in the world as a means of payment?.
Further developments are surely needed before this thing come to existence. PayPal indeed made a huge move of accepting cryptos as a mode of payment but the reason why is more likely related to taxation or profit in short. It is not even a crypto to crypto transaction. There is still a need to convert in fiat and that's not what crypto adoption is. Third party network is somewhat a good thing to happen especially if the network is having huge influence for other businesses to also do so and for more people to recognize the existence of this technology. But if it is only the name which will be adopted, then changes will not be that big.
1555  Bitcoin / Bitcoin Discussion / Re: Spend or HODL Bitcoin during COVID-19? on: November 01, 2020, 12:20:07 PM
Better hold and learn from past history, this is 2016, prior to the bull run of 2017, so the history might repeat itself again, although it might take long. What I'm trying to say is that we should HODL as long and as much as we can. Well you can spend me, but at least be reminded that we are still a long way to go to see the price going into another all time high, this is just a tip of what's going to happen next year. So I would rather stack even more on the contrary, instead of spending it.
But what if something is urgent? That an investor really need to buy something for himself? This I think is one exception if you would be in difficult times. But if it is not necessary, ofcourse it would be better to leave your investments alone in the possibility of earning more profit in the future. But bottomline is possibility which means chances or things are not certain. What we are seeing is forming conclusions of how high will the market price become if this would be continuous. "If" the market price will be continuously increasing then that would be ofcourse a good thing. But what "if" it again suddenly fall? Just don't rush things and make an action you think will not be regretful. We are on different circumstances.
1556  Bitcoin / Bitcoin Discussion / Re: American election is nothing to do with BTC on: October 31, 2020, 03:54:47 PM
I am not really up-to-date with the plans of the two candidates, but in the short-term American elections shouldn't have any direct impact on Bitcoin price.

Not directly towards Bitcoin's price. But if I read the previous articles circulating online, Trump has plans of banning use of cryptos in U. S. and if that's the case and it happen that more countries did the same thing, there will be a negative aftermath of such action in the price of Bitcoin because many people would be prohibited to make use of the opportunity of it to be profitable. That would be another 'possibility' but not until it became a reality, we will surely be the first ones to know.And if the other one supports this technology, then changes will also be observed and let us hope that it would be a better situation.
1557  Economy / Gambling discussion / Re: If btc > $150k, will you still gamble it? on: October 31, 2020, 03:14:41 PM
I've already stopped betting since 2 days and I'm not planning to make a single bet again in my life after what losing streak I had in the last months so yea , don't waste your coins on gambling and if you do, make sure you know how to lose.
The concept in gambling is certainty of losing most of the time. Gambling is not that bad, greed is. Many gamblers are making this activity as a source of income despite of inconsistencies with the profit. In these instances, greed and frustration might take place resulting to bigger losses from wanting to get your money back. Gambling is meant to be a leisure activity not a reliable source of income.If you enjoy playing, then continue but if this game results to another problem, that's something to be worried of.
1558  Bitcoin / Bitcoin Discussion / Re: Follow your mind! on: October 30, 2020, 11:50:19 PM
Following your mind, following your instinct, not really it works all the times. Investing adhered with high risk, soliciting ideas from experts, cominmg from books, you can see a lot of brilliant ideas which is a big help to finally make a decision. But if we are a close-minded person, such a thing it never helps, they'll got refuse but have standing it of what they believe.
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This only applies to people who have great luck. And this luck cannot be duplicated. We have to find our own path of success by learning a lot, trying a lot, so that we will get the best strategy according to our abilities. If it fails, then do the analysis so that there are no mistakes in the next step.

Being involved with the crypto world does require a lot of learning, it can't be just with enthusiasm. Knowledge is very important so you don't get caught by scams and losses. Crypto is also high risk so use cold money only, which you can accept the loss.

Experience will teach us many things in life not only in crypto. And that will take time and circumstances to learn things that are needed to combat what is presented in our lives. This will also give us wisdom on how to decide things that matter to us. One should really follow his own self because no one is responsible to your actions but yourself.
I get the point but I think that's not how things work in this industry. Following one's though before doing an action is indeed correct, but atleast have a basis. For an instance, an investor suddenly invested in a crypto because he thought its platform will be having further developments and investing early into it will be advantageous. But the price fell in an instant because other people did not feel the samething towards that crypto. But action is already made perhaps in this situation. Who's to blame? Ofcourse, no one but you should learn from that instance. Reality will not always be depending on your expectations.
1559  Economy / Gambling discussion / Re: Multi bets vs single bets on: October 30, 2020, 10:53:30 PM
I'm just betting for entertainment and just placing bet on the team that I support and really like and so I just bet on the who would win or who would lose in short a single bet. I think by just betting it's risky already but placing multiple bets would increase the risk.
Depends on the situation still. If you are in control of the betting variables, you won't be scared to diversify your bets simply because you know how the 'game' works in the first place. Sports betting as an example; you are familiar with the teams and you know which teams would be worth betting. Team 1 got your first vote. But you know to yourself team 7 and 8 are also having chances to win. You would probably make multiple bets simply because it is not a gut feeling, but you are just analysing the capabilities of the teams. It would still generate risk indeed but in this sense, you will enjoy things because of interests. Losing is more certain in the first place, enjoying the activity will ease the pain somehow.
1560  Economy / Trading Discussion / Re: What is the Best Time to sell ? on: October 30, 2020, 03:01:55 PM
Just make a concrete plan of selling point. It will be somewhat subjective. Think of a market value that you won't regret selling at that point. If the price increases upon selling, make a way to not regret from doing so. If the price continues to increase and you are not yet satisfied with your profit then invest. There will be doubts for sure. Hesitations such as "what if the price suddenly fall?". That would be greed at any sense. Be contented with the fact that you already earned profit. You won't be able to take all, it is investment we are talking about and profit is not always certain. Contradict your thoughts to minimize anxiousness.
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