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September 22, 2020, 08:59:32 PM *
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1  Economy / Games and rounds / Re: Free 1000$ worth of bitcoins give away with no conditions what soever... on: Today at 12:34:47 PM
One of my favorite platform is the sportsbet.io, even though I am not really good at betting and I commonly lose money on it, I am still into it, I enojoyed it and it has a good user interface and user friendly as well.

 Wallet address: 3Kc5Hksv9tiEb11cdcBADYDtp5WAmbTc7V
Thank you in advance.
2  Economy / Services / Re: Tower.bet Signature and avatar campaign(1 member spot open) on: Today at 05:53:03 AM
Deleted. (Mistakes)
3  Economy / Gambling discussion / Re: Problem Gambling in the wake of covid-19 on: Today at 05:52:03 AM
This pandemic virus makes some other people focused on online gambling, they have free time and one way to kill the boredom is to gamble, it makes them entertained especially when playing with friends and it can make them earn money as well and lose their money most of the time. Losing in gambling would not affect the willingness of an addict in gambling because they are thinking that they should play more in order to turn back the money

I am not that so addicted to gambling so most of the answers to the questions are "NO", actually it will only get positive for those people who are addict to gambling. They cannot control themselves so well while playing because they find gambling as a way of entertainment and a source of money sometimes. Winning the game and earning money makes a person play gambling, it has a good feeling it is also applicable for every aspect of our lives.
4  Economy / Gambling discussion / Re: Greatest Gambling Losers on: Today at 05:01:15 AM
That can be called as gambling addiction, they cannot quit gambling even though they already lost a huge amount of money, the money that has lost for each person mentioned above is not a joke, it is all huge amount of money, even though rich people will suffer if they lost it so quickly. For those people who can control themselves in gambling, they should visit or consult for some professionals especially for the psychiatrist, they can give some good advice for you to stop being addicted to it.

If you lose on gambling, you should know to stop, this is the bad thing for gamblers, whenever they lose the game and lost their money they will still play because of thinking that they may win it and turn back their money but they end up losing again a huge amount of money, they will only stop once they don't have the money to bet or to gamble.
5  Economy / Gambling discussion / Re: TOP FIVE SECRETS OF MAKING IT BIG IN BETTING WORLD on: Today at 04:32:15 AM
Gambling is really a risky way of earning money, in my experience of betting I also lost huge amount of money but even though it always happen it doenst make me stop it because of thinking that I could recover the money that I have lost, well this is my mindset before when I am really addicted in gambling. I always focused on gambling and I did not even do some other priority, like spending time with my friends and family becaus I only want to play and it makes me so entertained especially when I win the game.

Always remember that good handling of money makes you a good gambler, skills and knowdlege can be useful as well especially in some skill-based gambling but handling is really the useful one. You should also know when to stop and continue to play, when you ar aalready ahead then I think that is the time that you may quit playing and save your money.
6  Bitcoin / Bitcoin Discussion / Re: Bitcointalk, as a financial institutes. on: Today at 03:43:31 AM
Bicointalk becomes very popular because it has the purpose of having a discussion about cryptocurrency and blockchain, basically, those people who want to learn more about the crypto world, joined this forum, just like what I did, I am really inspired to one of my friends that I can say a successful one and it is all because of bitcoin or crypto world. He joined this forum way back 2016 and he already learned many things about it. He already has a car, house and lot, and some businesses. I am also hoping that I could learn more things here like good trading, investing, and mining as well.
7  Economy / Services / Re: Tower.bet Signature and avatar campaign(1 member spot open) on: Today at 03:29:57 AM
Bitcointalk Username: Alucard
Profile link: https://bitcointalk.org/index.php?action=profile;u=2805357
Post count: 137
Tower.bet name: Alucard1
Forum rank: Member
BTC Address: 3Kc5Hksv9tiEb11cdcBADYDtp5WAmbTc7V
8  Other / Beginners & Help / Re: Invest for beginners on: Today at 01:20:16 AM
You should also avoid some fake websites, always remind yourself that scammers are always there and they will try their best just to steal money from other people. Always choose to invest in some legit website just like what other members have mentioned. Just know the basics of cryptocurrency first. Always observe the movement of the market it will also help you to earn good profit from investing. Things will go rough from investing, especially if you don't put extra effort and time on it.
9  Alternate cryptocurrencies / Altcoin Discussion / What is Decentralized Finance? on: September 21, 2020, 11:02:35 AM
What Is DEFI (Decentralized Finance) ?
 - It is a development with a target of having another financial system, where you don't need to go to any banks or getting attached physically from other people. DEFI also depends on cryptography, blockchain, and smart contracts. Smart contracts are the main building blocks of DEFI which means that without it there is also no DEFI and most of the DEFI are made from ethereum.  

It makes several entities have a copy of every transaction which means that is not only single, it is a central source. It is good because they can limit the speed and sophistication of the transactions and at the same time offering users less direct control of their money. This thing also stands out from legacy payment methods, wherein there is always a middle man or authority who controlled the transaction and is authorized to stop it and record it in the ledger, which this cryptocurrency all of that is cut out of the picture.
Most of the application under DeFi are built with ethereum, it is easier to use for creating other applications beyond simple transactions.

Difference Between DEFI and CEFI
DEFI:
Quote
1. permissionless
2. no KYC Required
3. open source encouraging free collaboration
4. censorship-resistant
5. cheaper mostly network fees
6. built on the blockchain

CEFI:
Quote
1. permission
2. KYC Required
3. closed source decisions made behind closed doors
4. can be censored
5. expensive intermediaries charging hefty fees
6. built on old foundations

They also have to mention the potential risks associated with DEFI.

1. One of the main risks for DeFi is the bugs from smart contracts and the changes in protocol that cam affect the existing contract. The clients will bring extra insurance to lessen the possible issues.

2. Strictly need general checking how decentralized the DeFi project is as well as the procedure for shutting down, if there are unusual things happen, someone has the admin key to shut down the protocol

3. Resource cost can be also a fundamental problem which may bring about a course of liquidations over numerous DeFi protocols.

4. Network fees and blockage is also considered as a problem.

DeFi FAQ
1. "How do I make money with DeFi?"
Quote
- Using Ethereum-based lending apps, as mentioned above, users can generate ďpassive incomeĒ by loaning out their money and generating interest from the loans.

2. "Is investing in DeFi safe?"
Quote
- No, itís risky. Many believe DeFi is the future of finance and that investing in the disruptive technology early could lead to massive gains.
But, itís difficult for newcomers to separate the good projects from the bad. And, thereís been plenty of bad.

3. "When will DeFi go mainstream?"
Quote
- While more and more people are being drawn to these DeFi applications, itís hard to say where theyíll go. Much of that depends on who finds them useful and why. Many believe various DeFi projects have the potential to become the next Robinhood, drawing in hoards of new users by making financial applications more inclusive and open to those who donít traditionally have access to such platforms.

4. "How will Ethereum 2.0 impact DeFi?"
- Ethereum 2.0 isnít a panacea for all of DeFiís issues but itís a start. Other protocols such as Raiden and TrueBit are also in the works to further tackle Ethereumís scalability issues.

Source links:
https://www.coindesk.com/what-is-defi?amp=1
https://www.google.com/amp/s/www.currencytimes.co.in/what-is-defi-difference-defi-and-cefi/
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin for salary on: September 21, 2020, 09:28:45 AM
I think these things are possible for those countries that consider bitcoin as legal, there are still some countries who don't use any cryptocurrency so for sure they wouldn't be recommended for that thing, one issue for this is also if the countries are good at bitcoin then what if the employee in the company is not using any bitcoin wallet or they don't have any knowledge about cryptocurrency, I think it would be hard for them if this would be the situation.

Your idea is really good especially at this time, but I think the majority will still prefer to be paid through their bank accounts.
11  Bitcoin / Bitcoin Discussion / Re: Can Satoshi Stop bitcoin? on: September 21, 2020, 08:08:03 AM
Even though Satoshi is the one who created the bitcoin, I don't think that he can stop it because there are already many changes happened after he created it, no one can stop it, and for sure it would require big finances, great tram and knowledge to do it. Well, I dont think that Satoshi Nakamoto wouldnt think about stopping bicoin because there are many people who are using and get benefits from it. Why would he choose to delete it if he knows how good it is to many people.
12  Other / Beginners & Help / Re: How you can earn money from bitcointalk.org? on: September 20, 2020, 10:51:09 PM
There are many people who want to join any forum because of earning money and gaining knowledge as well. All of the ways to earn from this forum are all mentioned from the posts but not all of those are applicable for all the beginners of the forum because there are some requirements first before you can apply. Better to rank up first if you want to earn money here and always try to create good quality posts to help other members of the forum.
13  Economy / Gambling discussion / Re: THE MOST PAINFUL DAY IN MY BETTING CAREER on: September 20, 2020, 07:14:56 AM
What a sad story buddy, I feel so sad as well because we cannot turn back again the money that has lost to us in gambling, it is hard to the day that we can come back when we play again and try it again, that is the most common mistakes of every gambler once they lose, they always think that they can turn back the money by playing again but in the end, they lose again another money. We should always be careful about betting a huge amount of money, remember that the way we handle our money while gambling is really important for us.
14  Bitcoin / Bitcoin Discussion / Re: How to make old people understand Bitcoin? on: September 20, 2020, 06:52:06 AM
You may start teaching them the basics of cryptocurrency, such as its definition, how does it works, what can we do with it, etc. Actually, we can teach them the way how e teach other people, even though they are old, they can still understand some things that you may tell them. Just be patient because some of them are forgetful and irritated, I know this thing because I also have my grandfather and grandmother together with our home and I know how they react to something like this. Just make it smooth, don't rush things. If you teach them one lesson for this day then you should remind them again for tomorrow so they wouldn't forget it. Time, patient, and a good approach are all you need to do for teaching old people.
15  Other / Beginners & Help / Re: Help on how to fix on table. on: September 20, 2020, 06:04:37 AM
Hello, you may click the quote button for this comment and try to analyze how the table was formed, you may also use this format for what you want to do, just edit the text for every table.

| Username | Rank | Active |
| 1.Alucard | Member | YES |
| 2.KingsGambet19 | Newbie | YES |

Reminder:
Use this "tr" to add a row.
Use this "td" to add a row.
Always use "/" for closing tags.

16  Other / Beginners & Help / Re: Some important bitcointalk [GUIDE] for beginners. on: September 20, 2020, 02:42:33 AM
Thank you for the good list of threads that may help every beginner of this forum. They will be benefited for every thread you have given, we all know that some members here don't have a habit of using the search engine to search the topics they want to know, this list will be very helpful for them to get those important topics that may help them as amber of this forum. The rules of the forum are the most important thing for all the beginners to read first before anything else.
17  Other / Beginners & Help / Re: Hello from a newbie on: September 19, 2020, 03:24:48 PM
Hello welcome to this forum, may you feel comfortable working here.

You better start reading the rules of the forum that is given by some other members, that is really important for every beginners to read and understand it to avoid making mistakes and getting banned for the worst case that might happen on you.

Just keep on being active here and you will acquire so many knowledge about crypto world. If there is something you want to know then you may use the search engine to get that information.
18  Economy / Gambling discussion / Re: What do think about skill games? on: September 19, 2020, 02:23:07 PM
It's better to play skill-based gambling rather than chance-based gambling because you will not only rely on your luck but rather on your skills and techniques which is really good for you because it will give you the advantage to win the game especially if you are good with that thing, I always prefer to play that kind of game because it has greater chance of winning your game.
19  Economy / Gambling discussion / Re: Inspirational gambling quotes. on: September 19, 2020, 12:17:59 PM
Not all the players are responsible and knows how to manage their money when playing gambling that's why most of them regrets after losing a game. As a player we should play responsibly and we should also limit our playing time in order to avoid addiction co'z if you are already an addict, you cannot control yourself anymore. You will play as long as you have money even if you lose consistently.
Yeah, that's true, there are some people who can't control themselves while gambling, that is why they end up losing so much money. Limiting ourselves is really important while we ate playing, we should not play continuously in a way that some of the important things that we should do are being forgotten because you are only focused on gambling. You should only make it as your entertainment and not your daily life routine.
20  Bitcoin / Bitcoin Discussion / Re: COVID-19 Vaccine Will Cause Bitcoin Crash on: September 19, 2020, 11:13:53 AM
I don't think that the COVID-19 Vaccine will make the bitcoin crash because as what we all know the price of the bitcoin falls up to $3900 before when the pandemic started but it recovers so quick and stays for long weeks with$6-8k and it pumped up to $13000 it all happens while the pandemic is still there, my point here is that even though the vaccine is there and the people will invest in stock it won't still affect the price of the bitcoin, it won't make it low because there are so many people who are investing and trading in bitcoin with all their trust.
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