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1161  Economy / Exchanges / Re: What should you look for in a DEX? on: June 13, 2023, 01:56:59 AM
Liquidity & reputation.

These 2 are inter-connected with each other I guess because a DEX that isn't reputable enough will not have high liquidity towards the assets that are being stored in it, and vice versa. A reputable DEX like Uniswap when it was still a popular DEX had lots of volume in every asset that's being supported by the exchange. Correct me, but DEX don't ask for KYC right? I'm not using it TBH that's why I'm not aware that much. A DEX with high reputation has high liquidity on it's assets. You don't want to put your money into a DEX where there has little to no volume in it right? At the same time, you don't want to put your hard-earned money into a DEX that has little to no users as well. A reputable exchange = more trustworthy than a new DEX.

Well, there are some factors that might affect a person's decision in looking for a good DEX but overall, I think these 2 are the most important factors.
1162  Economy / Speculation / Re: Crypto experienced bloodshed on: June 12, 2023, 05:18:53 AM
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What causes this market decline?
You've said it already.
- Centralized exchanges having a problem with the SEC (particularly Binance).
- Robinhood stopping the support from different altcoin such as SOL, ADA, MATIC etc.

I'm not hoping for a positive thing to happen anytime soon, but if that happens then it would be good. On the other hand, I want to see the market to be in downwards movement even more so that I can accumulate more coins at a discounted price.

What do you think of your friends to take advantage of situations like this, is it now the right time to buy a few coins?
Downwards movement of cryptocurrency = opportunity for us long term holders.
This is what I always think whenever I want to invest in crypto. I will not say that the market might go down even further after this one, but I guess it's a good time to buy some coins for short term profit, or maybe long term.

Does anyone know if there is a chance that the USA government will ban crypto or not allow any exchanges to sell bitcoin?
I don't see it happening, and in order for that to happen, they need to create a law which states that the USA isn't allowed to use cryptocurrencies. There might be some who are against it, I believe that more are either neutral or pro into Bitcoin.
1163  Economy / Gambling discussion / Re: 2023 NBA Season on: June 12, 2023, 05:00:17 AM
It is obvious that Denver has the big advantage nobody questions that and maybe Miami will not pull a Cavs and win this series, BUT that doesn't mean that they need to lose the next game. They could still make it 3-2 and then lose 4-2 as well and when you are betting that's all that matters.
Making Miami win in Game 5 might make a momentum shift. You don't know what can happen especially if the momentum suddenly shifted from one team to another team. This is the reason why the Nuggets desperately wants to finish the series in 5 games because they're afraid that they might still lose it. I'm not underestimating the Nuggets, but we've seen the Heat getting some road wins, and coming back in the 2nd half especially in the 4th quarter when they are down double digits. Aside from that, they have a very good coach in Coach Spo. As for the Nuggets, they really need to win in Game 5, and finish the series.

I feel like there weren't all that many people who said Denver would be the champions this year, not zero but not a lot neither so it is still a question mark if they will get the next game but whoever ends up winning the eventual season long bet, that will be a good one. I hope that it goes on until the 7th game to be fair, even if Denver wins it at 7th game and not much changes, it would still be fun to watch that, but unfortunately I can't see that happening this series to be fair.
In the sportsbook, the Nuggets aren't even in the top 5 in the rankings of the teams to win a title. Most are rooting the Celtics, the Suns, and the Bucks (who has the shortest odds). Nobody talks about the Nuggets even though they've been consistently been the top seeded team in the Western Conference for most of the regular season.

Game 7? Nahhh like I said, the Nuggets are afraid of what the Heat can do because they aren't the typical 8th seeded team that we've used to see in the past, and they will not clinch into the NBA Finals if they aren't a good team. They will finish it in 5 games like what I predicted. Smiley
1164  Other / Beginners & Help / Re: The Man Who Saw Tomorrow on: June 12, 2023, 04:35:46 AM
After Nostradamus, I would say that Satoshi is another man who saw the future. For instance, he predicted what is currently happening with bitcoin transactions many years ago. This is a quote I found on the forum.

Quote
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi

Satoshi didn't see any future here. Infact he didn't make any prediction. He just said something from the both side of the coin. So, if it is not this, it must be that.
It is just like telling you that in 100yrs time, the price of bitcoin will be very high or there will not be bitcoin.
This one. Smiley
It's like "If this will not happen then this one will happen". It's not a prediction, but a mere statement. It's like "If you will not win, then you will lose."

TBH, using "HE" to describe Satoshi is kind of irrelevant because at first place, we don't know who Satoshi is. Anyway, are you saying then that Satoshi is like an alien from the future then who knows what can happen a few decades from now? Satoshi said that because he/she/they believe that his/her/their invention is one of a kind, and either we use it or not. Surprisingly (or not), people trusted Bitcoin, and now we are using it, so his/her/their first statement is the correct one.
1165  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 12, 2023, 03:08:15 AM
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So if sell in May then June = Moon?  Grin  What do you guys think?
June =  Moon, or June = BOOM!!!!!.
BOOM meaning it will go up like a SpaceX's rocket. Cheesy JK

200 Weekly Moving Average. This is the only indicator that I'm using whenever I want to see the trend of Bitcoin. Right now the like is at $24,200. Still above that line, so I still remain bullish about Bitcoin despite of it's downward movement in the last few days. As long as Bitcoin will stay above $24,000, I will still remain bullish, and will expect to try and break that $30,000 psychological resistance again. Can Bitcoin do it this month? I don't think so after what happened with Binance at the start of the month, but who knows.

I believe that Bitcoin will go sideways for this moment at around the $25,000-$30,000 price range.
1166  Alternate cryptocurrencies / Altcoin Discussion / Re: Do meme coins have a future? on: June 12, 2023, 02:51:05 AM
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There is another new meme coin called SNEK, based on Cardano. What impact these meme coins will create in the crypto space?

I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
Impact of meme coins? None obviously.
Well, there are some meme coins are being used as a payment option in some websites or the like, some are being used for transaction purposes like DOGE, but aside from that, I don't see any use case of these coins, and so is impact.

Why people invest in these memecoins despite them knowing that the risk is huge? Trust. I don't know exactly why people are trusting these memecoins thus, supporting them and investing into it, but I believe that they trust the project that's why they're investing into it. Of course there's the profit on it as well, but there are also people who loves risk, and knowing how much profit they can get, they will surely invest into it even though the risk is very high. Meme coins are just a cash grab, and we know that for a very long time already. There were many meme coins that have been created in the last meme coin hype a few years ago. Most of them became a scam coin, some have been abandoned, and some might still be in development until now.

TBH, I don't want to generalize all meme coins because we've seen DOGE, SHIB, and now PEPE who are now in the top 100 in terms of market cap. I believe that in the future, more meme coins will be in the top for various reasons, but as for me, I will not touch any of these meme coins... or maybe DOGE only.
1167  Bitcoin / Bitcoin Discussion / Re: The role of Bitcoin in eliminating unemployment in our country on: June 11, 2023, 08:30:55 AM
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By doing this, they are able to support their own expenses and financially support their family. I think when this Bitcoin was not in circulation in my country many people are almost suffering from unemployment problem. The current people who have chosen bitcoin as a profession are not only able to help their families financially but also support our country economically through this young generation bitcoin.

I think you're talking about the freelancers here because most of the people who are earning thru Bitcoin are probably the freelancers who are selling their services, and being paid thru crypto.

Well, I guess there are some people not only in your country, but around the world who took the pandemic as an opportunity for them to work online, and stay home. We knew already that many people got unemployed because of the pandemic, but they didn't lose hope, and found ways to earn online. Some of them are successful currently while there are some who didn't success on it unfortunately. Lucky for those who are being paid thru Bitcoin, and other altcoin as they already find a side income/main income. As long as you have a skill, and you know how to use computer then I guess you have an edge compare to those who don't have.

I think the government of our country should support Bitcoin. What is your opinion on this?
Most of the governments right now in the world are either neutral, or against it. I don't see any government that's pro-Bitcoin aside from El Salvador.

Government supporting Bitcoin? Well, it's good if that happens, but the question is how far, and how long they will support it... or will they support it at first place. I think it would be better if the government from different countries just let their countrymen use it without any restrictions instead of Bitcoin being banned on their country.
1168  Alternate cryptocurrencies / Altcoin Discussion / Re: SEC lawsuit caused massive market crash on: June 11, 2023, 03:01:43 AM
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The most worrying of all is BNB, which is in freefall and its future might be doomed if no solution is found. What's your take on this? Do you think that a solution will be found to avoid any further losses, or are governments on their way of winning the war against cryptocurrencies?
The whole company has been thru a lot of problems already regarding different institutions in the past years, and this is just one of the problems that they will be facing now, and in the future.

Though I'm very optimistic that they can overcome this one, there is this kind of thinking in the back of my mind where I'm thinking "What if they will shut down because of this?". What will happen to them? What will happen to many Binance users, and knowing that they are the most popular Centralized exchange currently, for sure that the effect of this one will be much greater than that of FTX.

I guess the best thing to do right now is to "DO NOTHING". BNB is down, market is down. If you have spare money to buy then I guess you can buy coins right now, but if not then it's better to be patient, maybe don't look at the news for a moment, and relax yourself. As for me, this will be just another negative news that's happening in the crypto space on a weekly to monthly basis. I've seen many of these already, and yes the market is affected in different ways, but in the end, it will just go up like what always happen.
1169  Economy / Gambling discussion / Re: 2023 NBA Season on: June 11, 2023, 02:38:33 AM
I agree that it is not going to be a comeback, they tried their best but their best wasn't enough. Jokic is just way too good for this league and they are doing something that can't be matched.
~
In any case, right now Jokic is unstoppable and he is on the way to win the title, he deserved it and he should have been MVP again as well if you ask me but he doesn't look like the kind of guy who cares about it at all, so FMVP must feel better.
What's weird about Jokic is that, he has made many achievement, broke many records already, and has made some historic numbers, but whenever the media ask him on how he feel about this accolades, he always say "Not that much" like he doesn't care about that achievements at all.

That Game 4 just showed how much difference the players of Nuggets and Heat have. The Heat players have the will to win, but the Nuggets have the will to win, players who can step up when needed, and talented players. With this 5th straight road win, the Nuggets have the complete control, and on the road to win the title already. Only 1 team in NBA Finals history has won the title after having a 3-1 deficit. Lebron James, Kyrie Irving and the Cavaliers back in 2016.

Anyway, I will share again some of the historic moments that the Nuggets have made in Game 4. (saw it online)
- Jokic, and Murray are the 3rd pair of teammates in NBA history to have 500+ points, 100+ rebounds, and 100+ assists in one postseason.
- Jokic is the first player in NBA history to record 250 rebounds, and 150 assists in a single postseason.
- New playoff-career high for Aaron Gordon with 27 points.
- Murray joins Magic Johnson as the only player in NBA history with 10+ assists in 4 straight Finals games.
- Murray is the only player in NBA history to have 10+ assists in his first 4 NBA Finals games.
- Brown, and Gordon are the 5th set of teammates to have 20+ points on 70%+ FG in a Finals game.

Truly the Nuggets are just amazing not only in the regular season, but even in the playoffs. Kudos to the Heat team for being the 2nd 8th-seeded team in NBA history to clinch the NBA Finals, but I think that the Nuggets deserves the championship this season.
1170  Alternate cryptocurrencies / Altcoin Discussion / Re: I'm getting tired of the high fees for gwei on: June 11, 2023, 12:12:05 AM
The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.
You only have 2 options.
Either you continue to use Ethereum despite the high transaction fees, or not use it at all.

Besides, as of this moment, the transaction on Ethereum Blockchain is around $0.50 already. Maybe by the time you posted this, the fees is very high, but nonetheless, the fees right now is very low compare to how high it was in the past. One thing more is that, Ethereum isn't the only coin there that's offering smart contracts. There are others as well like MATIC, ATOM, ADA, etc. You might try them instead of expressing your disappointment towards transaction fees of Ethereum.

The solution I'm thinking right now is to choose a BNB because that's the best in my opinion.
Well, this might be a good option, but I might stay away from it for a bit after what happened to them.
I think that CZ will overcome this problem of them, but I just want to be safe, just in case the worst case happens.
1171  Bitcoin / Bitcoin Discussion / Re: My friend interested in investing in BTC but the friend's father does not agree on: June 10, 2023, 11:25:31 PM
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An important thing to tell you is that in the country we live in, all types of cryptocurrencies including Bitcoin are officially banned and anyone involved in illegal transactions is subject to severe penalties.
As my friend works in government job and gets a good amount of salary with various bonuses and allowances at the end of the month and has quite a good amount of money left over after expenses. When I gave a positive idea about the present and future of Bitcoin, the friend showed great interest in Bitcoin and expressed interest that he would invest a certain part of his salary in Bitcoin at the end of the month.
But when the friend's father found out about this, he forbade him to invest in bitcoins and later predicted that he would be banned by the government and that he would have problems with his job. Yes but it is true that there is a possibility of loss if the government staff comes to know about this investment during government office.
His father is just protecting his son that's why he's against investing into Bitcoin. That's it.

Knowing that Bitcoin, and cryptocurrency are officially banned in your country, I don't see any bad intentions on the side of the father, but he's just protecting it. Since you said that cryptocurrencies are banned in your country, using Bitcoin is like fighting against the government. Yes there are some ways for a particular person to have access into Bitcoin, buy it, and hold it, but the question is, is it worth it knowing that anytime, The government might know that you're involved into it? I know how good of an investment Bitcoin (and how bad it is as well), but if it's banned in your country you have 2 options. Either access it at your own risk, or don't access it at all.

But my friend is not listening and instead he will invest on Bitcoin. I don't know what kind of suggestion I should make to my friend in such a situation. Should I ask my friend to invest in Bitcoin? Or ask to pay more attention to his job?
Just let him decide LOL!!!

Is he a crybaby that can't decide on himself? Is he a toddler that needs to be taught? No he is a government staff like you said, so most probably he can decide on whatever he wanted to. He's working, so he has money to be used in investing.
1172  Bitcoin / Bitcoin Discussion / Re: Deciding to save money in Bitcoins for the future of the child on: June 09, 2023, 06:58:58 AM
Well, if you believe that Bitcoin's price will be more than what it is today then I guess you made the right choice.
I mean there's nothing wrong in investing your money instead of just sitting it there in the banks, and wait for it's value to be eaten out because of inflation.

Now the question is, do you have emergency funds? I don't know if there's doing it here aside from me, but the only use of my bank account right now is for emergency funds. We put our emergency funds there. If you convert it all there, then I guess it would be better to have emergency funds just in case somebody goes wrong. Investing in Bitcoin is good, but investing ALL, and not having emergency funds is a different story.

Like you, I'm doing the same as well, but I also save money for different things like when I need to buy something expensive, or for emergency funds. I hope that you can keep that Bitcoins safe for the next 5 years to a decade or even more. Good luck in storing it. Smiley
1173  Other / Beginners & Help / Re: Can bitcoin die? on: June 09, 2023, 06:22:43 AM
If all countries make regulations that bitcoin mining is prohibited, is it true that bitcoin will die?
As long as there is support towards Bitcoin, I don't think that it will die.

Just look at the fiat currency that we are using right now. Many people are still using it, and will be using it even though it has been existing for centuries already. I guess it will be the same as Bitcoin. Many people are still using it, it will not die. Nobody uses? It will die. We might see a new, and better version of Bitcoin in the future we don't know. Adoption is slowly increasing, and it seems like there's no reason for it to decrease so to answer your question, it might be, but with it's current trend, it's almost impossible.

Regulations that Bitcoin mining is prohibited? Well, if all agrees, but what are the chances of that to happen? Close to 0% TBH. In short,
1174  Economy / Gambling discussion / Re: 2023 NBA Season on: June 09, 2023, 01:51:14 AM
So many trade scenarios being tossed around all the sudden. Usually this would wait until after the Finals. I guess without a major superstar in this year’s Finals people are going a little crazy. I’m reading that DeAndre Ayton is as good as gone out of Phoenix and they’re trying to get Damian Lillard or Draymond Green and Jordan Poole in return. Phoenix sounds like they’ll be the first team making big moves.
NO MAJOR SUPERSTAR IN THIS YEAR'S FINALS? Wait wait wait!!! Am I reading it right? Or do I need an eye glass to read it thrice?
Jokic? Not a major superstar? Butler? Not an all-star this season yes, but look at his performance during the whole playoffs. Murray? He really is an underrated assassin who can lift up his team if needed? Aren't they superstars in their own teams? I guess you typed it wrong, and you don't mean it at all. Smiley

Anyway, the Suns like I said in my previous posts are making a huge roster change, and they will build around KD, and Booker. They waived CP3 already, they will be trading Ayton for a better center, or they might develop Landale. I expect more changes in the Suns team in this upcoming off-season. They have a new coach in Frank Vogel who specializes in defense, so I expect more defensive players that are coming.


Knowing coach Spo who is the master of adjustments, for sure he might have to do another magic in game 4 to tie the series at least and not let the Nuggets takes a huge 3-1 lead.

I expect a strong performance from the team because I have no doubt in their abilities, especially after their victory in game 2. Although they had a disappointing game in game 3, it doesn't necessarily mean they will have a similar performance in game 4. Therefore, right from the beginning, I'll be betting on the Heat to win, specifically by placing a bet on them to win the first half. If, by any chance, they happen to lose, I might consider doubling down on a live bet with the Heat moneyline.
They need to do something except for the Zone that they did in Game 2 that's why they won in the 4th quarter thus, winning the game BY 3 POINTS.

They have one of the best coaches right now in the league, so I expect many adjustments for this Heat team. They don't want to end up their home stint with 2 losses, or they will be out. Doubling down on Heat money line? That would be a good idea if the Heat have somebody that can stop either Jokic or Murray at the start of the game. Without that, I don't think that's a good idea. TBH, I will stick with Nuggets in 5, and it's a bold guess for me, but I might bet on the Nuggets in this one. Cheesy
1175  Bitcoin / Bitcoin Discussion / Re: Is There A Bitcoin Exchange That Pays Most of Fees for You? on: June 08, 2023, 01:14:48 PM
Why would they do that? That's ridiculous if the exchange itself will shoulder some of the fees.

The main reason why exchanges are being created aside from more access towards different coins is they want to gain money. Just imagine, you're the business owner, and you will think about paying transaction fees that happens inside your exchange on a daily basis.

Base on this website, the total number of transaction yesterday is 433,781, and the average transaction fee as of this moment is around $0.50. Let's just put Binance as an example as well. I don't know how many transactions are happening on Binance, but shouldering some of the fees will affect their total revenue on a monthly basis. You can reduce the transaction fees, and there are some websites where you can see the Bitcoin transaction fees on different exchange, but I don't think there's any exchange where they will pay the fees for the user.
1176  Alternate cryptocurrencies / Altcoin Discussion / Re: In-chain Games on Ethereum: Are They Still Relevant in 2023? on: June 08, 2023, 08:02:19 AM
I'm working on an in-chain game on ethereum, but before I spend more time on it, I would like to get some feedback first, so the game is about creating a town in a country, mining resources, building an army, and invading other towns, creating town shares, collecting taxes, sell it on the marketplace vs ETH, and more.
More like Clash of Clans, but in Ethereum blockchain.

~
The question I'm asking is, is it worth building?
Do you play a free game on ethereum by paying only transaction fees knowing that you can sell town shares when you reach a certain level?

When NFT is starting to rise, there are many games that have been created on Ethereum at first, and I think that's also the reason why transaction fees of Ethereum went up at that time. Nowadays, in-chain games aren't that popular anymore, thus it doesn't affect the transaction fees of it.

Is it worth building? Maybe if you make a good marketing on your project, but with how NFT games ended, there's a high chance that your game might end up like what most of the games. Even the most popular NFT game which is Axie Infinity isn't been played by that much people anymore for some reasons, but the main is it's not worth their time anymore. Am I playing games base on Ethereum? No I didn't because most of the NFT games I played in the past either has their own blockchain (like Ronin for Axie Infinity), or they've been built in different blockchain (such as Binance Smart Chain, Polygon etc.).
1177  Economy / Gambling discussion / Re: 2023 NBA Season on: June 08, 2023, 03:13:52 AM
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Ok, so after the firing of their coach, it seems the new owner is making a big chances on the player side as they waived CP3 already and obviously, wanted to clear some space so that they can get a new player. And if they trade him, might be interesting which team and what will be the trading package. Who knows, maybe he can play with Lebron? What's your thoughts?
Matt Ishbia is hungry of winning titles, and aside from Booker, and Durant, nothing is safe from the Suns roster. Even their coach got fired just a few weeks ago.
CP3 with the Lakers? Forget about it. Both of them are too old already to play with each other, and both of them are injury prone as well. Don't add a 3rd injury prone all-star in the Lakers. I'd rather want CP3 to be in a young team like the Thunder, or the Rockets again to guide those young superstars out there. Thunder would be better because they're the youngest team right now.

The Nuggets just won their 4th straight road game this playoffs as they regain the homecourt advantage after winning against the Heat 109-94.

Jokic, and Murray are the first duos in NBA history (regular season, and playoffs) to have a 30 point triple double. This duo used to be bench when they just entered the league, and now they're both leading their team, and now just 2 wins away from making history. Aside from them, let's give credits to Christian Braun who played spectacular in the 3rd quarter, and scoring 15 points off the bench.

On the other hand, Butler and Adebayo scored 28 & 22 points, but they didn't got enough help from other players especially those undrafted players out there. Kind of disappointing if you're a Heat fan to see your team losing in Game 3 after winning in Game 2, but they need to go to the drawing board again, and make some adjustments.

Game 4 will be 2 days from now. Will the Heat bounce back, or the Nuggets will continue their road win streak, and steal one again on the road.
1178  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 08, 2023, 01:04:37 AM
One of the major reasons why bitcoin Enthusiasts hold bitcoin is in anticipation of a price increase that would increase the value of their asset. However, holding your bitcoin requires a patience mixed with strong will. It is the patience to be patient for a long period of time until the price makes a 10%, 20% and so on increase.
It's a win-win situation.
You will learn how to be patient, and being patient can be applied in all aspects of life. At the same time, while learning it, you have the potential to earn more thru just holding Bitcoins. On the other hand though, 10-20% increase only happens when the bull run starts, and in a normal day, that doesn't happen.

Consequently, not everyone one can wait that is why some decide to learn bitcoin trading so that they can make some quick profit that would also increase their asset holding.
When I'm very impatient, I tried trading way back a few years ago. Ending is I lost all of my Bitcoin.

Some other become bitcoin lenders. Yes, they use either a centralized or decentralized platform to lend their bitcoin which would be repaid with interest. What is your honest take on bitcoin lending? Too risky, won't try it? Too risky, will give it a try?
Too risky, and I will not try it at all.
I don't know, but is there any centralized platform that offers P2P lending? I mean there are some DEX'es out there who have lending feature like AAVE, COMPOUND etc.

I tried lending out Bitcoin to users here already, but one loan default made me a decision not to do it anymore. Yes it wasn't either CEX or DEX, but lending in general isn't worth it for me compare to just holding it, and hoping for the bull run to happen again. Another risk is the collateral that the borrower gives. What if the price of the collateral goes down? You can't force the borrower to pay the Bitcoin as well, so you will lose your money.

Well, I guess if anybody here really wants to lend their money then I guess using DEX'es would be the best choice.
1179  Bitcoin / Bitcoin Discussion / Re: I was shocked that my Neighbor also used bitcoin as mode of payment on: June 08, 2023, 12:24:12 AM
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The term "Sari-sari Store" is proof that we are from the same country (PH). Correct me if there are some other countries who are using this term though.
This move of him is good, but it has a bad side as well.

The good thing is that, he's helping towards the adoption of Bitcoin in one way or another... and I guess that's only the good thing of it.

Now the bad side. Since we are talking about sari-sari store, prices of goods that are being sold in that kind of store is small, and if you will add the transaction fees the buyer has to add, overtime it might be a burden for him. Unless the buyer will buy in bulks, then the fees will not be felt at all. Another thing is that, I don't know if it's only me, but he might be more prone to 5$ wrench attacks because more people will know that he's involved into Bitcoin, and cryptocurrency.

TBH, there are more bad things than good things with this move, but it's his decision at the end of the day. I wonder how many customers of him will use Bitcoin to pay those goods. Maybe you can try yourself? Cheesy
1180  Economy / Scam Accusations / Re: Minepi real or fake? on: June 07, 2023, 11:48:36 PM
He told me he this:
"Pi is now valued at around 24$/Pi, and will be trade able on Binance soon ! So even if you only mine 1 a day on your mobile that's over 700$/month for no work. Get mining, and get your family on it !"

"A crypto you mine using your phone. I have been doing it for 4 years, and now have quite an amount. It costs nothing. Just use the link to download the app and click once a day to keep mining. It started as an alternative currency for transactions in an alt network, but they are going full crypto now. There are millions of users..."

These are the words that are considered "deadly" in the crypto world.
Some attractive words that attracts a newbie investor to join the bandwagon. Just imagine you will be having 700$ per month just by doing nothing. Who in the hell gives that amount of money to other people? Take note that it's free?

When I asked how he cashed out the earnings he said "you can cash out once the main net is up. It was planned for 2024 but the coin is doing well so it will be sooner."
~
Many people in the world does not even make this money for a months work!
Mainnet, mainnet, mainnet blah blah blah!!!
The project has been there for years already, and yet they can't release the mainnet. The good thing though for those hoping to cash out immediately is that, the mainnet has launched already, or at least that's what I read on some articles online. Nevertheless, I will not touch this project, nor involve myself into it. I don't think it's real though that you can get that much amount of money for free.

"If it sounds too good to be true, it probably is."

And in this case, it definitely is. The supposed token isn't even listed on CoinGeko. Don't waste your time with the "easy money" schemes.
I don't know, but it's listed on Coingecko as of this moment though I don't know if it's a fake one or the real one, and it's currently listed on Coinmarketcap as well.
https://www.coingecko.com/en/coins/pi-network
https://coinmarketcap.com/currencies/pinetwork/

The famous quote is very famous that I almost hear this in every week, but the reality is they don't care. They are focusing more on the profits that they can make than the anything else.
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