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1141  Bitcoin / Bitcoin Discussion / Re: Reason why businesses should accept Bitcoin payment on: November 04, 2021, 07:09:10 AM
The main reason is that the number of bitcoin users continues to increase, in addition to reaching the global market, accepting bitcoin will facilitate every transaction so that business will increase significantly.
But most businesses are already accepting Bitcoin as payment as it give them double advantage which is profit making asset and at the same time an acceptable payment gateway for doing business.
Nope, it usually depends on what country or particular place you live in because bitcoin doesn't get through as much as we think in certain places. And not every country has business establishments or stores that accepts bitcoin especially here in our place. The only advantages of bitcoin payment here is ordering international markets and dealers like Alibaba and Amazon, which makes us in advantage also not to move frequently our assets in bitcoin form.
But I do hope soon that there will be some establishments here in our place that do accepts payments in bitcoin form.
1142  Economy / Gambling discussion / Re: ESports betting -CS:GO, DOTA 2, LOL, Valorant - Sportsbet.io discussion thread on: November 04, 2021, 05:49:50 AM
Let me guess, you also lived in the South-Eastern part of Asia right @Finestream? If yes, we're the in the same region or even same country. I also used to play Dota1 til Dota2 and Counter-Strike too during my high school to college days with my mates and gamble with our money for a battle of raise to 3 if such bets are too big because it's a 5v5 game. Such days are so good and fun to remember! Now, I'm just only watching it in e-sports or youtube about their annual international tournaments because I have no time anymore due to work commitments.
1143  Economy / Trading Discussion / Re: Trading Strategies changes with time on: November 03, 2021, 05:35:11 AM
It is quite normal practice. It should be understood that the market is dynamic, so the process of changing strategies is quite normal.

Yes, maybe it's quite true that it is normal these days to change but it doesn't mean to change all of it because the market is changing, there still some good old ways of strategy that is very handy and convenient until this very time.
But if you're already out of techniques then you can do your own research in the internet and it's for free, you just have to pick certain strategies that suits your ability or doesn't put you in a difficult situation.
1144  Economy / Gambling discussion / Re: Fake bets on: November 03, 2021, 03:17:06 AM
When greed starts to kick in then this is where problems do occurs because if you do really tolerate such behavior and specially you are dealing with gambling

then you would really be finding this to be a problematic ones when the time comes where issues do really rise up.This is something a really hard thing to resist or avoid on.

Ethical or non-ethical it wouldn't matter because they would really be doing all sorts of things which they do really believe on that they could
able to take advantage.
I agree, even some people can't stop gambling even of they know thta gambling won't do any good at all unless you are super rich where you can waste your money like it is nothing compare to those whp are not and because of that, many have become greedy and face more problems or adding more problems. They may think like that but the results would be different.

They can't stop gambling because they are fed up by the loop created by the casinos and they eventually get addicted either they win or loss, it's the same result. When you win, greed takes over and having the desir to win more and if you lose, you can't get out empty-handed because that money you gambled was maybe your monthly salary and you want to get back that money you lost until you didn't realized that you're in a debt already.

Promotions are other kinds of techniques (that looks to good to be true) are alreay a scam to get that money you brought into their casinos. And it's not very new!
1145  Economy / Trading Discussion / Re: Daytrading vs Holding on: November 02, 2021, 02:08:48 PM
Daytrading is not for everyone especially for beginners or a novice because it requires such commitment like doing a full-time work that everybody can't usually able to do, also it isn't good idea because it's more like gambling than investing and it's quite very addicting.
Yes daytraders usually make huge profits from it than holding it but it can be very costly per transaction.

On the other hand, holding is the crowd favorite and for everybody because it can also give competitive returns with a low to medium risk depending how much you invest. And it doesn't require time because it's a long-term commitment.
1146  Bitcoin / Bitcoin Discussion / Re: Do you pay with crypto??? on: November 02, 2021, 10:39:45 AM
Personally, I've been in this industry for over 5 years now and I don't recall myself using any coin as a medium for any transaction and aside from that, it's very hard to see any stores or shops that accepts bitcoin or any crypto as a mode of payment here in my country.

So, I think it's safe to say that I'm a fiat guy because I never experienced buying some sort of stuff or food using my coins. But it's good for me that I can maintain my asset because I always see it as a sort of investment rather than using it to pay stuffs and as long as I can, I won't touch it to buy any other things except for the returned profits I had from trades.
1147  Economy / Gambling discussion / Re: Going for the Underdog or Not? on: November 02, 2021, 09:20:06 AM

I'm not sure if this had been asked before. This is just an example of some odds that I saw recently Fighter A (1.30) vs Fighter B (3.65). With this obviously, Fighter A is the people's champ and Fighter B is the underdog.  

Regardless of who is bigger and undefeated record, let's say you have no idea who these fighters are because the names can't even be read like Ulshrkubyki vs Ykwehgyfvbh. If you only have $10 left in your sports betting account, would you go for the champ which you can only earn $3, or go for the underdog which if he got lucky can triple your money?

Personally, I will go with the favorite, assuming all circumstances are true, the bettors doesn't know the fighter and obviously you didn't know the records, only the odds.

That's what a smart gambler usually does, for the favorite, maybe the returns are small, but it's worth the risk. Unless you are really a gambler who loves to bet on the underdog in every fight and you are extremely lucky.

It depends, for me, I will certainly take a brief peek of their history, records and recent 2 fights. I won't always go for the crowd favorite and champion because it's a trap the way I usually see it.
So no matter what the odds is, aside from luck, I will certainly go for the underdog if their stats are close enough and underdogs won't be long before they can be called champions. I always prefer probabilty rates rather than betting just because the payout is double or triple. But anyways, that's my opinion and I can't say that I'm always right and win the bets.
1148  Alternate cryptocurrencies / Altcoin Discussion / Re: will shiba inu coin beat bitcoin ? on: November 02, 2021, 06:59:32 AM
I guess all of those shitcoins/memecoins are seeing bitcoin as their number 1 rival in this industry, and yes it's completely understandable for those who invest in Shiba Inu to have their hopes so high but it's also very irrational to say that SHIB can beat bitcoin or even ethereum.
It's still a very long rocky road for SHIB to be able reach the top 5 spot, maybe it will take a decade to reach that desired spot. But who knows, it may take less than expected but I can see potential in SHIB but unfortunately it doesn't belong to my portfolio for now.
1149  Economy / Economics / Re: El Salvador has just bought it’s first 200 coins on: November 02, 2021, 05:49:25 AM
As long as the prices move up, no one is going to complain. The mainstream media channels who were constantly targeting Nayib Bukele in September have suddenly gone mute now. And for the ordinary El Salvadorans, their $30 Bitcoin airdrop have by now grown to $45. Even when the government started the mining farm using volcanic energy, some of the critics targeted Bukele very harshly. They have also gone silent now. Salvadorans are lucky to be the first ones to make Bitcoin as the legal tender. In the coming years, they will reap the rewards from this move.

Ofcourse, there will be always a media who will always put a bad image on every president especially Bukele who have made a huge move and bought 200 BTC in one clean sweep. Even though Bukele has a pure intentions to their country and its countrymen to lift them from poverty and make El Salvador a great country, there will still always a harsh comment about it, always questioning every move their government made, and it's not new in our time.

But it's too soon to say that they'll reap good fruits on this huge move they make, maybe we can know in a few years to come if there will be a positive changes.
1150  Bitcoin / Bitcoin Discussion / Re: The president of El Salvador just bout 420 BTC! on: November 01, 2021, 01:01:08 PM
You can't really say this is a dictator, can you?

They bought 420 BTC, but I can't understand how they're so sure it'll go upwards. It's a whole country in the central America; their behavior seems like a teenager's who just learnt about the magic of Bitcoin in 2011 and bought bunch. I can't say Bitcoin is the least fluctuating asset at the moment and hence, the greatest investment strategy for a country.

Also, why would a dictator want to promote Bitcoin, a currency which is against their polity?

We can't really say that he is a dictator even if he joked once that he's the "World's Coolest Dictator"

Source: https://www.google.com/amp/s/amp.theguardian.com/world/2021/sep/26/naybib-bukele-el-salvador-president-coolest-dictator

It may sound unusual to see a president trusted bitcoin so much and eventually bought 420 BTC using their country's money. Anyways, we can't say such things because we aren't in his shoes and ofcourse being a president, we can say they studied and vote for it before buying huge amounts of btc. And President Bukele is also a successful businessman so it's safe to say that he sees something about bitcoin than us before making such huge move.

But I can't deny that it's so insane to buy 420 BTC and it is so huge to buy it once and choosed to trust their funds in bitcoin.
1151  Economy / Trading Discussion / Re: Is it too late to buy? on: November 01, 2021, 11:26:06 AM
The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.

I'm also struggle with this very problem, ofcourse we don't know how deep is that dip we're waiting for or is it a bad timing to buy now? And I can't see that certain dip we're looking for but what I did is I choose what dip I can afford and then wait when that price comes, until then that is the time for me to buy. It's also the same struggle for "when to sell" because as I said we won't know unless we have that certain amout we project.

And what I learn is it's never too late to buy any coins, you can start portion by portion until you can afford more. Don't wait for that dip because if you buy now then you're already starting to profit rather than waiting for that dip to come and eventually miss the opportunity.
1152  Alternate cryptocurrencies / Altcoin Discussion / Re: advantages in the cryptocurrency industry on: November 01, 2021, 09:04:45 AM
All could be gambling if no knowledge is applied. But investors are the most secured of all options. For trading, crypto has very high risk and volatility index compared to holding and one can lose out on all trading capital at once but holding would only reduce the capital for the investor. But in all knowledge is what distinguishes a gambling from investing

It depends where is our choosen field of expertise is, and yes you're certainly correct investing is more easy, secure and less risks out of all the options mentioned by the OP. Also, I always prefer to invest because it doesn't require more time and constant checking like the trader does.
And for gambling, I prefer to keep myself distant from that option cause I already proved that I'm not lucky in that field.
1153  Bitcoin / Bitcoin Discussion / Re: HODL, HODL, HODL when can one actually sell Bitcoin? on: November 01, 2021, 05:42:20 AM
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?

 How then do we say we have made money from it if we don't sell?

Let me ask you, what is your intention of that certain coin you bought?
You bought it as an investment to make profit, right?

It's all about investing and making profit that's why you and me are here roaming in this crypto industry. In fact, we're lucky to have this alternative to generate and create a passive income to add in our portfolio. The important thing is you have goal, let's say you bought bitcoin at a price of $20k and your goal is to double it, then you should sell it when the price is already $40k. You don't need to hold it forever and don't know when to sell it. My advice is sell regularly while also hodling for long-term investment.
1154  Economy / Economics / Re: Money and wealth as the major religions in world. on: October 31, 2021, 05:37:09 PM
We spend most of our time accumulating when it should be on being content, we should seek contentment and happiness if we seek these two we will have peace of mind and we will not work so hard to accumulate more money which is just to sustain our desires, money cannot buy happiness and happiness comes from being content and this is by having a simple life.

Yes it's true that money can't buy (literal) happiness and happiness starts when living in content. But you see, many people can't understand that for various reasons, and ofcourse especially in Asian country you strive not just for yourself but because of your family also. That's why we mostly spend our time working to put food in our table, pay bills and other needs.
In additional to that, when we live comfortably it also comes spending fancy needs and wants, paying for people who works from us, meaning more bills again. That's why we seek endless money to maintain our position and survive in this harsh world.
1155  Economy / Gambling discussion / Re: Issue of fixed Matches on: October 31, 2021, 01:32:02 PM
It's very much real, you cannot tell the difference between an upset and a fixed game, they will try to make it real because there's a big risk for them if they are caught.
If you're on the expert level of analysis for the sport that you love and are a fan of. You'll be able somehow to spot on which is a true upset and likely a thrown and sold game.
But it's true that there's difficulty in finding which of them are actually thrown because when there are fixed matches, they're likely not to do obvious things that will destroy and spot it by their fans.
Even if you are an expect you can’t know until the start of the match, we can just notice this right after so technically many bettors already placed their bets by that time, and knowing that its a fixed match it can ruin everything. This has been an issue for many boxers and matched, just place a bet that you can afford to lose always.

I still believed that some matches are fixed but the information was only limited in the higher ups and management, only limited people can really know if a certain game will be fixed. Some coaches and referees were bribed but still they can't share that information because of NDA.
But on the bottom, only scammers are present and usually they're the ones who are talkative and know how to play your mind to consider their offer. The issues were already present from the stone age until now, and unless we can't prove it, it's better to stay silent only bet what you can afford to lose.
1156  Alternate cryptocurrencies / Altcoin Discussion / Re: Investment poll on: October 31, 2021, 11:20:04 AM
Dear Members, I am planning to invest $1000 to buy few risky coins with a good possibility to grow. From your perspective, which of the above coins have better potential to grow. Would you split $200 between each of the coins or rather buy 1-2 projects? You may vote for few projects. Thanks



Honestly, those coins you listed OP isn't gonna get you anything and are nearly considered as shitcoins. Let's say you'll profit from those projects/coins you mentioned, still it won't last and can't give you the competitive returns that you wanted.
It's good thing that you have posted your plan in this forum because you could've wasted your $1000. My friendly advice is do some more research, gather facts and informations of which coins and projects should you really invest and can give you promising or competitive returns than the ones you choosed. There are plenty dozens of coins and projects out there that's more feasible.
1157  Bitcoin / Bitcoin Discussion / Re: Banks either adapt or face death on: October 31, 2021, 08:14:12 AM
Banks will stay no matter what either they adopt crypto or not. Don't presume like it will happen as early in the next decade.

As long as everyone doesn't have fully access the internet, and government don't want to accept bitcoin/crypto as legal tender, banks will stay and will still against crypto no matter what.

Indeed, banks are for fiat and crypto is for digital currencies, it can't be mixed because it is a different element and different goal. Banks will stay even if they decide to go against crypto because they are designed in certain way to provide certain financial transactions or needs that the crypro can't give and banks will still function til next decade or more.

And if banks will start to adopt crypto transactions then that's just an added services to the people.
1158  Economy / Economics / Re: Bitcoin to trigger central bank collapse on: October 31, 2021, 05:46:47 AM
It's hard to say that Bitcoin triggered the central bank collapse. In 2008 the financial crisis happened not because of Bitcoin. I mean all the things are going on right now just demonstrate that the debt based economy isn't the best economic system.

The financial crisis that happened in 2008 was the reason why bitcoin was born in 2009, and yes since the bitcoin was created it haven't triggered any economic or financial crisis at all because its value is not that huge and it's not introduced yet into public like these days. Bitcoin was orignally created to gave people more option and as a digital currency rather than just using fiats into payment system, but since bitcoin now is so popular and it is the most trusted crypto and digital currency, it made the central government and banks to shake because of the people continually converting their fiats into crypto due to lack of trust and to avoid inflation.

People wants to save and be comfortable that's why many have choosed the "bitcoin option" rather than placing it in banks in the term of "savings" while in-fact their fiats is slowing deprecated.
1159  Economy / Gambling discussion / Re: [BOXING] Logan Paul vs Mike Tyson on: October 30, 2021, 05:08:29 PM
Paul might kiss the mat for sure, but Tyson's probably going to have to earn that tucking Paul into bed for a well earned nanny-nap.   Grin
Its okay to kiss the mat or canvass as long he  could earn millions of usd then it wouldn't matter that much.He could handle out that shame though.  Cheesy

Everyone would do everything for money and its hell of a lot obvious on who would win on this one but still pushes  through because they do know that they
can benefit out.Well its not a surprise.

Lets just hope that this one would be entertaining or some sort of some clown show.

If Logan will be hit at least just one punch.
This is an exhibition so it must be for money, fans will still be watching even if it is an exhibition. Kissing the canvass will still make Logan money, this is the kind of profit-making scheme the 2 brothers are up to that even in the most critical situation today of the economy, the 2 are making huge income. This year alone Paul made an estimated around $10 million just for the Mayeather fight. His brother is about to fight with Tommy Fury which this year alone will have 3 boxing fights.

To be honest if I were in Logan Paul's shoes, I would probably create more opportunities to be involved in exhibition fights as this guarantees millions of dollars in my pocket. I mean even if I am against the world's most dangerous boxer (during his prime), I would push through this fight regardless of the comments, backlash, or criticisms involved. At the end of the day, business is business. This grants us the privilege to see Tyson in the ring again beating up someone who is considered hated by most.

I literally would do that too without any second thought. Ofcourse you did train so much for yourself to avoid heaving punches or chances of being beaten up. What more in a relaxed exhibition fights where money is like a honey flowing endlessly just to watch fights that aren't frequently see.
The best example for that is Conor McGregor when he fought Floyd Mayweather, which the match was named "The Money Fight" and that match alone was the biggest payout for McGregor and was paid with an of estimated amount of $85 million, without any serious injuries. That business mindset with a proper skills will always give you guaranteed money.
1160  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your top coin to invest in for passive income? on: October 30, 2021, 03:52:26 PM
Passive income is everyone's dream, currently I work in an office 5 days a week and it takes more than 10 hours in total to get a salary of around $600 per month, this is a small value and I find it difficult to save, the presence of crypto is my hope to be able to increase income and every month I force myself to invest around $50 and I usually buy cheap coins because they have the potential to earn big profits.

Same here, I also work from 8am-5pm but we all know that it isn't enough to save for future or emergency funds because the bills and needs are also catching up. Good thing cryptocurrencies is there to help as have a passive income.

I really prioritize bitcoin as my main passive income, even if I don't have much in my portfolio but I still have trust in it knowing that bitcoin has grown so much for the past 10 years since it was introduced by Satoshi Nakamoto. I personally try to invest weekly while also holding it until I am comfortable to diversify it to other altcoins. For now, I'm currently investing into BTC and ETH because as I said, I'm still working on daily basis and doesn't have plenty of time to work full-time in this forum and other means to make profit in crypto.
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