I think some countries are already showing a good acknowledgment towards centralized digital currency and that they are already planning on it. Adoption of CBDC is highly possible since we are now in the modern era where we develop things through technology. However, it will still be hard for other countries to adopt these changes so fast since I believe that majority still prefer fiat and not everyone can access digital currency. But we will probably see countries adopting this digital currency in the next few years.
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We are getting more people to invest in bitcoin and it's gaining more attention nowadays which I can say is a good thing for us. And the fact that he invested 10% of his liquid portfolio means he has a trust in bitcoin that it will do well in the next coming months or years. If this will continue, it can also attract other people but I just hope that these people who are keeping their eye on bitcoin to invest should know how the market works and how to deal with it.
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Using crypto to illegally gamble is not actually new, and we have already seen similar news like this. Crypto is used in unlawful activities that give a bad image to it. China can be strict when it comes to this thing but I don't think that online casinos should be accountable when some Chinese people still choose to gamble on their site when they know it's illegal in their country. They will keep on finding ways to gamble, and it's not the casino's fault if their people choose to violate their law.
Illegal gambling cannot be stopped is it true because there are so many websites where you don't even have to give any identity verification no matter how big you gamble and win. There are certain countries where sports betting is banned and guys from there are comfortable playing on crypto casinos. I don't know why even countries ban gambling when they know people will find ways of doing that, in fact if they legalize gambling they will earn good tax revenue from them which they are not earning by banning gambling. I agree that their government would earn more if they legalize gambling. And AFAIK there's a lot of Chinese who gamble so, they even go outside their country to gamble. What more now that there's a lot of emerging online casinos that don't even require KYC and Chinese gamblers can still find ways to access gambling sites. So what's the point of prohibiting them when they will keep finding ways to gamble if they want to.
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If it's about stocks, then I would go with a business that produces primary necessities because people will keep on buying them because they need them, unlike what they just want. For example that we are now in a pandemic and we face different calamities, people buy canned goods, etc to store in their houses or to donate, so it will always be in demand. We saw how most companies' stocks started to fall because of the pandemic, but companies that produce essential goods get so much order because that's what the government usually gives to the people during calamities. But if it is not just about stocks, real estate is also a good investment.
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Be cautious and don't invest into any projects that are new and only because people say it is a very potential project.
Keep in mind that choosing a project is not a simple decision that you can immediately decide within an hour or a day. It requires a fundamental analysis to determine which project has great potential in the market. You can’t just presume someone’s claim regarding the “high returns investment project”, you can conduct an assessment on your own. We should be vigilant, as some of them are fraudulent and fail to comply with their plan. Nonetheless, Cyberfi is unfamiliar to me, but upon searching it was recently added in coingecko. So, for now, let’s just wait and see its market-efficiency.
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If I understand it correctly, the other two bought a lot of tickets to get a higher chance of winning which costs them also. And it seems they are kinda good at math to be able to come up with those combinations of numbers. But the last one on the list is indeed lucky to win all those 30 tickets in just one day. But compared to the other two, Deborah has the lowest amount won even if she won 30 times.
Still, in the end, they are lucky to win such a huge amount of money.
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Kung ako ang tatanungin, can we trust this project that will be fully manipulated?
Para sakin hindi rin ako nagtitiwala at tila tanging mga tagahanga nya lang siguro ang patuloy na maniniwala sa project na ito. At, wala na rin akong nakikita na mga bagong updates tungkol sa project at ang nakita ko lang ngayon ay ang website ng project. Makikita sa website yung lahat ng information about sa coin at kayo na ang tumungin mga kabayan kung may patutunguhan ba talaga ito. Ito yung link sa website ng project ni xian:
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No one here ruined your life, and why blame it on the forum or crypto just because you don't earn anything? Also, no one is forcing you to stay or leave, if you want to leave or stay, you can do so. I think you should read and stay here in this section more often to understand that this is not just about money. You can start changing your perspective of what this forum is all about if you want to improve. If you are willing, there's a lot of informative threads here for newbies that you can read. You won't improve without learning first.
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14 - plvbob0070
Thank you!
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It's not about the country because every country has a scammer, so instead of avoiding projects with a Nigerian team member, let's just be careful whenever we make investments. It is said in the news that their token is not listed in any exchanges in their country so there's already a doubt, yet people still believed their testimonials when it can be manipulated or faked.
It's now hard to believe with claims like they will give you a monthly salary so this should be a lesson to people there not to easily believe in what they see on the internet, and to always do their research first.
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Using crypto to illegally gamble is not actually new, and we have already seen similar news like this. Crypto is used in unlawful activities that give a bad image to it. China can be strict when it comes to this thing but I don't think that online casinos should be accountable when some Chinese people still choose to gamble on their site when they know it's illegal in their country. They will keep on finding ways to gamble, and it's not the casino's fault if their people choose to violate their law.
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It looks ugly to me. It is connected to one cryptocurrency does not mean that it should be super simple with limited quantity. It is all for hype, I believe.
Nope... It doesn't look ugly to me. It's unique with its physical appearance and the in built feature it comes with. It's just wayyyy tooooo expensive! I'd rather buy and hold Bitcoin with such amount of money. It will definitely be expensive; it is a huge and premium brand. The creator is a prominent watchmaker. Needless to say, its name and usefulness have a great influence on the value of the product. Personally, I won’t spend that much money on a watch. It is good and has great quality, but I can find other products with similar functions at less cost. I find it as a matter of needs and wants, and I choose to be practical. Usually, with such products, you are just paying for its brand name, but it is good to see that they ensure it has great quality.
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As they have used bitcoin as a subject, it seems that they implement the strategy to attract attention from the bitcoin community and increase their sales. However, I don’t think it will improve the adoption as they have limited stocks for the product. Unless those who will buy it are well-known individuals, it could probably help people recognize bitcoin. Is it worth it though? The hoodie costs $70, which seems costly for a hoodie. Regardless, I don’t picture myself buying such products.
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This is a very human tendency. When things are doing well, they want to get in. When things are doing bad, they want out of it. That is the kind of attitude they are showing in their daily lives, even in Bitcoin. Or I mean the kind of attitude of the crowd, me included of course. That is why many of us are unlike the billionaires of this world. The billionaires are taking risks. While the rest are dumping with panic, they are acquiring with ease and cheap price.
We often want assurance. We want to buy while the price is increasing. This is I guess what is hindering us to gain big time.
They are just trying to keep up with the flow of the market, without any idea of the aspects that affects the condition of the market. As long as they see that it is recovering and the price increases, they immediately buy thoughtlessly. They don’t realize the amount they could have saved if they choose to buy when the cost of bitcoin is low. Most of them are in doubt as the price dropped, thinking that it would be a complete waste of funds to invest. However, it contradicts their statements, as bitcoin recovers in several months.
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I think most gamblers are already aware that we lose more than what we win in gambling, yet we continue gambling because some gamblers want to get back what they lost. Like you have said, gambling is not simple because aside from playing, we also need to control our emotions, greed, and to have proper management of our funds. The factors you mentioned is a common strategy for casinos because that's their way to attract and lure gamblers to keep on gambling for them to earn more profit. But it's up to us how are we going to control ourselves from too much temptation.
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It actually depends on our individual taste, where we most likely to enjoy the game. Just like what others said, our mood changes so does our preferences when gambling. Multiplayer gives more excitement when gambling since you can play with other players and chat with them and sometimes I feel like playing with others too. Although I rarely gamble now, most of the time, I still prefer a single player. I feel more comfortable playing alone and it gives me more focus and personally, I'm not good at communicating with others that's why I still prefer single player most of the time.
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It would be a tough choice, considering that there are only two options given as there are other factors that may influence one’s decision process. I personally prefer to hold and consider the condition I am confronting whilst selling my holdings crossed my mind. It is already imprinted in the mind of many people that the longer they hold the higher the profit. Although it is true that there is a great opportunity that can be obtained along with your holdings, it still not yet guaranteed that as time goes on its value probably decreases.
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Is crypto supposed to go against the current financial system or to replace them? Compared to the current financial system, there is a big gap with the adoption of cryptocurrency. The traditional system is still being trusted by the majority of the population and crypto is still way too far from it to become a threat. And for me, there's nothing wrong with that as long as I can use crypto and the current system at the same time. Crypto still needs a lot of time to achieve mass adoption but it doesn't mean it has to replace the traditional system.
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That's one of the challenges that we are facing now that we become more dependent on technology. With this kind of calamity, technology helps us to easily communicate with others, as well as asking for help and it's very crucial when these main resources are down when we need it the most. We already have many alternative sources of energy to use electricity from the grid. Without electricity we can use generators, using solar batteries to charge devices.
Well, sad to say that most of the people affected by the typhoon, or those who badly need means of communication cannot have these alternatives because it costs a lot and most of the victims are the poor ones. The Philippines is a third world country, it may be a good investment to have these alternatives but they can't afford it.
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I think in these cases, it's normal for the authorities to investigate the transactions made by the suspect, and it's not just because it's bitcoin. If they used the bank to make transactions, they will probably investigate as well. But if she directly gave the money to the killer, then there's nothing to investigate I guess.
For that part where people think it's a scam currency, it's a common misconception from people who barely know anything about crypto. Maybe because they often see scam news related to bitcoin that is why they have that kind of thinking when they hear bitcoin. Bitcoin is just a medium for transactions, it's not going to scam or harm you, it's the people who use it to do unlawful activities.
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