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1601  Economy / Economics / Re: COVID had widened the gap between world's richest and poorest on: June 04, 2022, 10:49:44 PM
The COVID-19 pandemic has become a disaster for the lower middle class and vice versa as a big big business sector for investors to pour funds into hospitals. Yes, the production of masks and hospital equipment is a big target. The victims are countless but behind the scenes, there are those who celebrate the gains. The world is full of settings controlled by a few wealthy owners which makes it difficult for those of us who can only follow rule after rule.
What we are seeing is in fact nothing new, while it is true that during a crisis value can be destroyed most of the time what we see is a huge value transference from the poor and middle class to the rich class, and there are examples of this in the past, during the Great Depression despite all the suffering that people had to endure all over the world more millionaires were created during that era than at any other previous point in history, so it is not surprising something similar is happening in this era too.
Or shall we say that common cycle of life?  Cheesy

Not on literally but in speaking with financial capacity which you could really see the difference in between lower to higher class.There might be some millionaires or businessmen who got affected
with this pandemic but much sure that the poor ones do suffer the most because in most case whenever any company do losses up revenue then they are trying out to compensate
and who are the ones who would be affected? For sure to those who are in the bottom which is something normal and sad reality at the same time.
1602  Economy / Gambling discussion / Re: taking out a loan for a sports bet on: June 04, 2022, 09:26:10 PM
Depends..

When you are tending to take a loan from a bank then expect;
1. Source of income
2. Assets
3. Basic documentation
4. Co-maker/guarantor
5. Credit evaluation

The said loan amount above isnt something that too small so expect it would be not easy
to comply on what would be potentially ask.
1603  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Dogecoin become the new BTC? on: June 04, 2022, 08:42:50 PM
another addition is that doge is very easy to manipulate by Elon Musk, even more so after Elon Musk bought Twitter. however, with one tweet, the price of bitcoin and doge can be manipulated by it, it's just that Bitcoin has a lot more community than that. other than that, come on, bitcoin and doge have very much different qualities. Coin doge is just a shitcoin controlled by Elon Musk. if there is a vote on this, i think bitcoin will really dominate.

Based on the total supply alone can be predicted Dogecoin will not be able to compete with BTC even 1% did not approach Cheesy
there are still coins that are more feasible than doge in addition, in terms of use of BTC more broadly while doge so far only on the exchange and casino
Very sure even though Elon became the Doge team that would not be able to replace BTC.
It is a memecoin which it would really be staying up that way and one of the factors that would disqualified it which it does have that big supply and i dont actually see its utility which is mostly been used on gambling.

We do even see some meme coins in the market which do follows on the same principle of this one but since this coin is old enough and still kicking then it cant really be denied its potential to last up for more years to come.
Supply alone is a solid indication that this isnt really that something that could surpass bitcoin and just to mind off even those good top ranking altcoins in the market cant even do the same thing.
1604  Economy / Trading Discussion / Re: Few Steps To Avoid Losses In Trading. on: June 04, 2022, 07:35:55 PM
The main thing that I would advise you to devote enough time to is training. In my opinion, this aspect is extremely important and clearly requires preparation and work on the result.

Here, but if we enter any work, our greatest need is to be patient, if we can be patient, it will be seen that here we will succeed in everything, but without patience, you and I will not be able to do any business here, so if we are training here.  Most of you here, if you know how to handle it, the first thing you need to do is to be patient, always keep a cool head, and keep a cool head, and keep testing.  I think there will be a lot of damage
Without us realizing it, patience is really very important and not everyone can do it consistently.
it takes practice and of course need to keep trying,
it seems trivial but to do it is not that easy especially when the market is down you need to be patient and stay calm
When the market is down one have no choice than to wait for  a while till it add value for some profits to be gained. If one sees it difficult to have patience to wait that means the person will always be at loss when the market is bearish. A trader needs to develop self to have the habit of having patience to avoid losses.
One of the most important thing to be done when you are on to this market is that having that good emotional control or discipline.Some might be ignoring this basic stuff but once your emotion is highly affected then

you would definitely able to do things which you arent expecting for it to happen or to be done which might result into losses instead.IF we could just simply hold on and dont tend to check out the market every now

and then there's no way that you could really make out some panic selling decisions but instead you would really be seeing some opportunity on accumulating coins while its still cheap.
1605  Bitcoin / Bitcoin Discussion / Re: Paid the birth fee using bitcoin at the clinic, by accident. on: June 03, 2022, 07:20:57 PM
Congrats @bitzizzix for your kids and hope he can become success on cryptocurrency at the future because first time you paid for your children birth fee using bitcoin. Did you checked before have ideas paying with bitcoin have announcement or some thing picture where your baby birth hospital accepted with bitcoin or not? But good way when have doctor use symbol of bitcoin and you have faster with asking them could use bitcoin for payment or not, once again Congrats @bitzizzix and your baby name very beautiful.
I like it  Grin Grin
For sure there would no sign or symbol but rather these things turns out to be on point or personal which he hadnt expected that the doctor of his wife is accepting something payment like this which i could say its a

good timing or good thing for him yet he could really able to pay up via bitcoin or crypto which is a good call if he was in short of cash he had in pocket.Good thing that the doctor is really willing to accept that kind of
payment. For sure it would really be that become popular for those people who do reside on that place where to know that you could make use of it in terms of payment of the service that it gives.
1606  Economy / Economics / Re: Twitter to pay $150 million for selling users data for Ads on: June 02, 2022, 11:45:22 PM
When we register on any site that requires data such as email, mobile phone, even in exchanges today that most must provide data for KYC will make us always worry if the data we provide is sold, anything for money then can make controversy things, and Of the many cases of hack data in many exchanges and sites like Facebook and Twitter, I never verify KYC.

Looking at Twitter situation is different, they don't request for documentation to KYC, so no one will suspect them of selling users data, they requested for email and phone but in your mind, you will think they are doing that to reduce spam and make sure that those who have registered are valid users but it verified real emails and phone numbers are one of the few the most lucrative business on internet, they have people on dark web who are ready to buy this phone numbers and email base on locations on their IP address.
Every information that you had able to put online will really reflect out or would really be in connection on legit users/persons which could really be used on other means and its not surprising that these platforms

would really be attached or tagged on such issue on selling out personal users data and there's nothing we can do about it yet we had provided them since from the start on using their platform from emails to phone

numbers which same as you said that these these are valuable these days which high tendency or chances for it to be sold in unknown markets.
1607  Economy / Trading Discussion / Re: The market is confusing on: June 02, 2022, 09:43:42 PM
I don't like this kind of market when it's already "already obvious" to everyone that we're breaking through $28k and going lower at $20/18k. Usually at times like this we can make a nice bounce all the way up to $40k and only then go lower.

I mean, for me it's an obvious bear market already but things could change easily, that's why the market is very unpredictable. However, entering a short trade have much higher chance of making profits than going long for a trade. Buying in every dip is a good action also, it ain't that bad to buy at $28,000 then wait for it to hit $40K-$50K again if it's gonna happen this year.

Good idea, but the question is, are you willing to hold and won't panic if the price will dump again?

I know the crypto has dipped already, however, the market is very unpredictable, who knows, there might be more dips coming.
Take the opportunity to buy, don't look back and just hold with confidence, I think that's the smart thing to do.
Looking back is something that cant really be easily resisted on which we would really be that mindful in our entry point and on the time that the price had decline or goes down even more then you would surely regret

that you should have waited but if the price had gone up the you would be saying to yourself that it was a good call on making such step.Market is never been predictable in the first place which means about being

confusing is really attached to it since from the start because if this one talks about easy prediction then all of us would be rich already.
1608  Economy / Gambling discussion / Re: Gambling addiction causing victim to scam his family on: June 02, 2022, 08:39:59 PM

So,its better to stop yourself midway if you are aware that you are on the verge of addiction or something that connects out on possible bad scenarios or outcomes when you do make yourself get addicted
and able to commit out those kind of mistakes or crimes just because you are really that aiming to play even more.

It isn't easy for a player to stop themselves when they are on the verge of addiction unless they have a strong will and some self-discipline.  I think it is better to get have a medical check-up on gambling addiction, this way doctors can prescribe medication that will help them control the urge for gambling.


Cant really be helped if someone does have that addiction doesnt really tend to accept and realize on what are those mistakes that he had done.Medical attention or medication wont really be effective because he would

be still keeps coming back on playing gambling with having those kind of intent which is something that cant easily get rid of with.Being addicted to gambling would really comes severe or becomes worst

and this might involved actions which couldnt we believe that it could really happen even if it do involves its family members.
1609  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto crash (LUNA/UST) on: June 02, 2022, 07:37:18 PM
buying LUNA v2 at this time is a stupid thing imo. do kwon has become a criminal and the LUNA crash case is being closely monitored by the court.
Maybe the court should examine and investigate what actually caused the drastic price drop, even though there was information from the terra team about price damage but that information was not fully reliable before the court confirmed the news.
That is also true and I think it is necessary to prove in court regarding this matter,
because if we only accept on one side, namely the terra side, of course they will defend themselves,
What's clear is that we'll see how it develops
Why would people do still trust up with this team? If we've been seen on what happened on Terra core coin project then i dont see the reason that it would be still worth to trust up this project once again.

People do really love to play with fire even if its already obvious.Now they do have that scheme on creating that 2.0 despite of their first coin crash its price into 0USD or 100% decline

and now they are thriving on having new but still people do engage on it  despite of those trust issues which is totally bullshit i would say.
1610  Economy / Economics / Re: Food crisis coming? What's wrong about it? It could be good on: June 01, 2022, 07:46:43 PM
First world countries won't experience a legitimate crisis. I consider a legitimate food crisis to be famine and starvation. Wealthy countries can hoard food imports or afford to pay a premium price for food exports. They might also limit some of their own food exports to stock up. The poorer countries won't be able to afford the premium price tag on food, and those are the countries that will suffer from extreme famine.

It's unfortunate that in a world where many in the developed world are obese or overweight that people can go without food and starve to death, but these are issues with logistics more than actually having a shortage of food.
Its the sad fact or reality on which these things cant really be felt for those people who are wealthy nor able to reside or live on a first world country which means or basically talks about those who are still developed

or not really good in terms of economic state will surely be having those big effects or something that could be felt.Any crisis not only limited to Food problem would really impose those kind of worrisome for people around.

But its true that our fellow wealthy people or community wont really be bothering up theirselves since they are financially capable on hoarding everything.
1611  Economy / Gambling discussion / Re: Gambling addiction causing victim to scam his family on: June 01, 2022, 02:43:45 PM
people today will not want to change without a big disaster that befell them and their surroundings (family or friends). There have been many cases where gamblers sold family assets just to gamble and lost. This is really worrying because when this disaster happens, people will definitely stay away from that person
It's because they've got their mindset looking only into gambling and they don't think of the setback that choice they choose.

The emotion crumbles as they force what they want to happen even it will be a big risk that will not just include them but also their family.

It's actually worrying when a gambler goes up to that point and he hears none that gives feedback to his actions as he only listens to himself and with no one.

those are already deep in their gambling activities. just like any vice, if a person is already addicted to it, their logic reasoning is already outside the window.  so if you are a gambler and you feel that you are heading to possible addiction, you need to contemplate of what's going on with your life before it is too late to pull back from this addiction.
Self control and discipline would be the key because not all people would really be having a good control towards self and not really minding about the possible situations that they might faced up ahead if they would

tolerate such addiction which we know that this is something that could really mess up your entire life but if you dont really care or just simply ignoring it then accept the consequences later on.

Scamming or affecting people around is something very common for a gambling addict to commit on.




Common effects of people who are already out of control for being a gambler, the kind of bad effects

when addiction surrounds your whole mindsets, stealing, robberies, lending and scamming are part of what people can do.
Gambling addicted person is so desperate to find ways to produce money to continue these vices, they are no longer afraid of any consequence, they just wanted to please the lust inside their minds.

So,its better to stop yourself midway if you are aware that you are on the verge of addiction or something that connects out on possible bad scenarios or outcomes when you do make yourself get addicted

and able to commit out those kind of mistakes or crimes just because you are really that aiming to play even more.It is really just normal for a human to find other sources on where he could possibly get.
Any forms of addiction would really be having that kind of outcome if it goes severe and people do only make learning when everything is already been messed up.
1612  Bitcoin / Bitcoin Discussion / Re: What can we do to speed up Bitcoin mass adoption? on: June 01, 2022, 01:05:03 PM
If the mass adoption means crypto currency taking over the traditional currency system as a means of payment, then that is still a far fetched dream. But we can see that many people, especially youngsters, are interested in crypto currency for both trading and investments. Crypto currency surely has a market of its own and will continue to stay strong whether it becomes universal payment mode or not.
It could never able to replace the traditional currency system that we do have considering that it had been existed for ages or since from the beginning but doesnt mean that crypto wont be that relevant.

Speaking about speeding up mass adoption then just let the process or things do come normally because we do know that each country does have different stance or impressions towards bitcoin or crypto as a whole.

For now the best thing to be done at least is to spread up into some friends or some people about its existence but it depends because there are some who doesnt really care.
1613  Economy / Trading Discussion / Re: trading Forex with Bitcoin deposit/withdraw on: May 31, 2022, 11:37:13 PM
How about FX.com?
https://www.xm.com/xm-introduces-bitcoin-btc-usd-for-trading-58797

XM Introduces Bitcoin / US Dollar (BTCUSD) for Trading


Wondering if these platforms withdrawal fees arent that high?
1614  Economy / Gambling discussion / Re: Gambling addiction causing victim to scam his family on: May 31, 2022, 10:27:53 PM
people today will not want to change without a big disaster that befell them and their surroundings (family or friends). There have been many cases where gamblers sold family assets just to gamble and lost. This is really worrying because when this disaster happens, people will definitely stay away from that person
It's because they've got their mindset looking only into gambling and they don't think of the setback that choice they choose.

The emotion crumbles as they force what they want to happen even it will be a big risk that will not just include them but also their family.

It's actually worrying when a gambler goes up to that point and he hears none that gives feedback to his actions as he only listens to himself and with no one.

those are already deep in their gambling activities. just like any vice, if a person is already addicted to it, their logic reasoning is already outside the window.  so if you are a gambler and you feel that you are heading to possible addiction, you need to contemplate of what's going on with your life before it is too late to pull back from this addiction.
Self control and discipline would be the key because not all people would really be having a good control towards self and not really minding about the possible situations that they might faced up ahead if they would

tolerate such addiction which we know that this is something that could really mess up your entire life but if you dont really care or just simply ignoring it then accept the consequences later on.

Scamming or affecting people around is something very common for a gambling addict to commit on.

1615  Economy / Economics / Re: Is it worth buying a crypto with a value of 0.23? on: May 31, 2022, 07:40:56 PM
It is a currency with a very high appreciation ratio, starting at 0.23. In your opinion, is it worth starting with this type of currency?
You should be at least specific on what 0.23 price or currency you do mean because if we do talk about value of crypto in each one of them then we would really be having lots.
We would really be having that problem to determine and just like what most people been saying on here which we cant give out precise answer.
You dont even tell on what crypto you do tend to buy, thats why you should clarify it out at least.
1616  Economy / Gambling discussion / Re: The digital ID for Gambling on: May 31, 2022, 06:51:02 PM
Apparently Denmark is all Set to Launch the new Digital ID rules for Gambling in the upcoming July. They have already been using some sort of identification but apparently this is new and improved and would apply for all the gamblers willing to submit their ID and use the services. EasyID is now going to be Replaced by MyID. The license holders of online casino would have to now integrate their systems in the manner that the government prefers. People are still waiting for an update but I would like to know what you think about the system of online ID? Integrating it with gambling might be saving some kids going on these sites but it might also be taking all the privacy away. What are your thoughts on this ?
Reference:
https://www.gamblinginsider.com/news/16594/denmark-to-introduce-new-digital-id-rules-in-july

We know that it could really be having two things which is into its pro's and its con's and we need to have that common sense in able to determine it out.  Cheesy
This isnt something different with KYC verification but now they are implementing on having some ID which is good for avoiding kid gamblers or those who are in below age
but of course it would really be sacrificing your identity or information which is something not that surprising but i do still appreciate the initiative.
This will really make crypto gambling to be that relevant.
1617  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin investments have become risky this day. on: May 30, 2022, 11:24:20 PM
completely  wrong mate, because these days is the perfect timing to invest in Altcoins because  look at the market ? it is dumping and this would be the right timing to enter and wait for the increase in the coming days.

I have plenty of plans but I was stocked in bitcoin , ethereum and Ripple , so I may add small amount in at least Solana and Binance for more chances of profiting .
People would normally say that its over whenever they do see a declining market which is really a very common behavior to have and lets get used to it. Crypto investment is always been risky since from day 1

and i dont see for it to be a risk-free kind of thing thats why whenever you do make out some investment decisions then be sure that you are prepared on facing up potential losses and errors.

Even what time of the day or what days of they year then opportunities doesnt really come often thats why you should really make yourself that smart.
1618  Economy / Trading Discussion / Re: The Legendary Forumla of Dip = Opportunity on: May 30, 2022, 10:39:11 PM
There are enough formulas of all kinds, and in general there are not a few means of analysis. But in the end, bitcoin still fell below the forecast and people received losses.
Market is always been like this and yet no matter how good your analysis are but still it would neither be that effective or not due to various reasons and since this market do move on a random way
then there's no way that you could able to determine on which way to go but since we do need to make something to rely or look upon in terms of strategy or other related to it then
we would really be ending up on lots of formulas or ways on how to deal this unpredictable market.Dont try to make yourself get perfect because that would surely create desperation.
1619  Economy / Gambling discussion / Re: PH banned online cockfighting - Worst gambling-related cases recorded! on: May 30, 2022, 09:36:57 PM

The fact that these operators of E-Sabong been have some deep connections are already given as they are continually operating on a daily basis in other platform even though there's a ban implemented. They knew the risk but they not afraid because they are paying high officials in any sort of department to give them protection and feed them information, the money for protection is not that big compared to the money they are getting from the bettors in a daily basis.

Though there are no proven information about that, we all knew that it do exist those protectors are wide and they can feed every possible raid that the government may attempt, the money that surrounds this business are huge enough to bring those operators to continue this business, they can spend money to allure greed government officials and those who are in PNP, high rankings police officials that can monitor the actions that might be done against them.

We don't have to know because that information comes with names of these high ranking officials of any department including the National Police department, all we know that these sort of protections exists and we have seen plenty news about this and note these news are not speculations but it's already proven that there are protectors. Of course the E-Sabong have some of it, though it's not proven yet but we know that there will be someone who protects them with high ranks.
For a corrupted country then it would be possible thats why there are some activities or events which cant really totally get rid off or hadnt able to be caught because there are ones who do protect these fellas

thats why it do continue to operate despite of the bans and prohibitions because there are ones who are sitting on the top who are letting this activities to continue and make benefit from it.

This is why its not surprising that how much they do try to get rid or resolve things up which is impossible but this is only possible into some countries but not all.
1620  Economy / Economics / Re: Standard of living on: May 30, 2022, 08:46:59 PM
The cost of living is increasing because the current growth model of the world is simply not sustainable. The earth is hollowing out. We have already mined deep and flattened the mighty mountains. The sea, sky and earth is polluted. I see no future if we don't mend our ways and go for a more sustainable growth.

Sadly we are not realizing our mistake, but we are expecting a life which is simply not sustainable
it is very difficult to see things like this if it is without self-awareness.
As you said the earth has now been damaged and we as the main actors in the destruction are still not aware of this kind of thing because indeed regret is completely covered with the ambition that exists to get as much natural wealth as possible.

there is no turning back, because indeed here it is not only 1 or two people who act but almost all people do this kind of thing
Standard of living around the world has been affected, people monthly income has reduced, they have been laid off from the jobs.
Many people learned to reduced their entertainments. Especially in third world countries.
So - the best I learnt from all the crisis - is limit your resources to your income, do not spend before you receive the money.
Would be totally dumb if you do spend lots or there's no tommorow kind of behavior if you know that you are on a crisis specially into those past years where pandemic hits very hard on every economy on each country.

It does really affect the way we live not only on the behavior but also into the source of income we do have.Even if we do have a business, it doesnt really indicate that we are safe from that bad situation.

We do normally find out ways for us to sustain no matter on what form as long it could possibly able to make us survive and status of living will really vary.
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