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721  Economy / Economics / Re: Who gain's from War ? on: February 24, 2022, 03:22:44 PM
No one literally no one.
The probelm is, it's not just about war but it's more about defending their sick mentality now and at the end of the day this is proving to be immensely distressing for the people everywhere. There are countries who are suffering inflation and then there are ukranians who are now suffering far more than that. People are stocking up and running away, everything is going in the wrong direction, no one would gain anything from war, what's the point of Killin civilians as well? They armies are using all the funds to attack and not to eradicate the pandemic. It's awful things are getting out of hand.
722  Economy / Economics / Re: Russia - Ukraine | War imminent? on: February 24, 2022, 02:46:52 PM
Possibility of a war?
I live in Ukraine and we did not wake up with alarms today but apparently with explosions. The main airports were destroyed and at the same time the government is busy painting signs where the explosions happened. Market have dropped drastically and the price of Bitcoins have been reduced to like 9% ! The oil prices have surged a lot and so did the prices of golf at the same time. Russia is legalizing bitcoins but it feels like people are talking all their money out. The ATM's are all closed and also there is nowhere to take your money out as well. This is going to make the market situations worse not just for the Russians but for everyone else as well.
723  Economy / Gambling / Re: How To Access Sportsbet.io or any kind of gambling without VPN on: February 23, 2022, 06:41:34 PM
There are many things that can be done but sometimes the sites generally ask for KYC afterwards,we have seen many posts on the forum about that and if they ask you KYC and you won't be able to provide the KYC then I do not think it would be a great idea. At the same time you would loose all your funds.

( Sometimes I tried to access the sites where the VPN is not allowed and it works I know am breaking the rules but while travelling some sites do not provide their services in UK, therefore if KYC is asked then I can still submit my original documents therefore better to be safe than sorry)

Don't do things that are against the laws of that particular site, might end up bad.
724  Bitcoin / Bitcoin Discussion / Re: MEXICAN SENATOR PLANS TO INTRODUCE BILL TO MAKE BITCOIN LEGAL TENDER on: February 23, 2022, 06:07:08 PM
-El Salvador made bitcoins legal tender
-Russians have made plans to introduce bitcoins in the economy
-Mexico takes a step forth and introduces the bill

Now a bill is not a law, which does mean that they can introduce a bill but at the end of the day it does not matter if it becomes a law or not. That decision would be based on the members on the parliament and there can be a lot of disagreements as well.

-Speaking of the positive side we can soon see bitcoins to be more stronger and more valued from many sides of the globe and at the same time, the price might get a bit of a jump as well

- a pretty positive news let's see if the bill gets passed or not.
725  Bitcoin / Bitcoin Discussion / Re: Economic Growth on a Bitcoin Standard on: February 23, 2022, 05:39:37 PM
Why would you peg something like bitcoins against USD. The USD is fiat which is the base of many transactions when you trade as well. Why would a country like the US do that ? They need something that is non volatile and are the same time more reliable, bitcoins overall would not work if the fiat starts pegging them since how would you trade? How would things work out ? The economic growth would not really continue since it would be too volatile and the markets will have heats of inflation and deflation. There are many countries which dependent upon the USD therefore their economy will collapse as well..that would be a big hit to everything.
726  Economy / Gambling discussion / Southampton football club and Sportsbet.io launches an interesting hunt on: February 23, 2022, 04:54:08 PM
I was going through news when I found out this interesting article where the Southampton football club in collaboration with the Sportsbet.io have launched a very interesting treasure hunt which will have quizzes, scanning the QR codes, searching for clues and at the end the chance to win 1 bitcoin. It's an amazing advertising for both of them and at the same time there will be seperate and well adjusted rounds, where the players would have to gain more points every single day.
Source : https://www.gamblinginsider.com/news/15279/southampton-fc-and-sportsbet-launch-competition-to-win-one-bitcoin
I think this is a very interesting and very powerful move, the advertising is going to be gold for both the club and the gambling site! Is anyone going to participate in that ??
727  Bitcoin / Bitcoin Discussion / Re: 'Frozen' Bitcoin Tied to Canadian Protests Lands at Coinbase, Crypto.Com on: February 23, 2022, 04:31:47 PM
Probelm is:
Third party services are also regulated by the government in most places therefore at the end of the day they cannot any claims of Bitcoins being super anonymous because at the end of the day the most it can be is pseudo anonymous. Which might work and might not but they would have to use the mixing services and also at the same time they would have to buy the coins which is best if done from p2p because again using a third party application might not be their best option. If a person comes here asking how to do it I do think the best way is to let them explore the forum themselves and go through the posts. I do think that there might be some people already familiar with the bitcoins.
728  Economy / Economics / Re: Russia gives in and considers accepting bitcoin exchange on: February 23, 2022, 03:55:16 PM
This is just their dark plan to move on with the sanctions that have been imposed on them therefore I do not think that we should be considering them saints for real since this is to meticulously calculated at this time again shows how the government body flocked to the house when they saw things collapsing internationally and the only thing that provided then with peace was bitcoins. I do hope that they do not use it to fund their war since at the end of the day that is catastrophic and might be the beginning of world war 3, which is the last thing that we need in the middle of the ongoing pandemic. No one hopes to live with the tanks and the COVID.
729  Bitcoin / Bitcoin Discussion / Re: El Salvador positions itself as the first Bitcoin city at Expo2020 in Dubai on: February 22, 2022, 06:57:49 PM
Congratulations to them ! Honestly it's really rare to see something like that I did think that I would have to wait for at least 10 years to see what they did. They did not only give way for the green mining, they did not only reduce their carbon footprint at the same time they make it so accessible to everyone in that country as well. This was not done in a day!

There were major banks opposing this, they said they won't give them their investments if they did not halt the project.

The volcanic bonds is entirely a new concept on such a large scale! This is going to be extremely profitable for the country. Waiting to see how it goes for real.
730  Economy / Service Discussion / Re: stake.com- Does not have gambling responsibility on: February 22, 2022, 06:13:07 PM
Every site does have their own set of rules. You cannot call them a scam if their rules are a bit different, as I see you did make your point and at the end of the day they did respond to you.

I think it might be beneficial for them to have better rules and regulations for the future so that they would be able to help out more people and the banning period I think is so that you can take all the money out that's there might be reviewed and the funds automatically transferred to the specific address as given by the person itself.

Addiction is honestly not something that people want to be in the middle of therefore I do think that it's better you contact a professional rather than try and gamble again on other sites.
731  Bitcoin / Bitcoin Discussion / Re: Banning Bitcoin is Like Banning the Internet, Says Russia’s Finance Minister on: February 22, 2022, 05:22:30 PM
I have seen numerous posts from people all based on Russia and bitcoins on the forum lately. Basically they know they cannot ban bitcoins because people always find a way to use it according to their own needs.

- They can't control it
- They have their own needs that they have to put through first, they have to actually secure a position in case the banks collapse admist sanctions
- Cryptocurrencies are the new step in the world's revolution and the IT sector is literally not going too far without them.

Wait till they announce their own digital currency.
732  Economy / Economics / Re: Economics on: February 22, 2022, 04:33:27 PM
- They are pseudo cryptocurrencies, people already know that they would take over some use from fiat by reducing the cost that goes in exchange but that's about it

- Government will try and ban cryptocurrencies as well so that they have investor pooling in their digital currencies

- They might be subjected to limited use since the government might not consider the people who are actually not equipped enough to handle virtual applications

I don't think it will affect cryptocurrencies as long as the government does not come in between the normal functioning of them.
733  Economy / Economics / Re: Measuring crisis effects on: February 22, 2022, 04:05:47 PM
If you look at the overall market price of Russia, it has fallen off quite a bit. At the same time, the price of oil due to limited oil supplies is sky rocketing. We cannot talk about the market recovery at the moment since most of the stocks and cryptocurrencies would be down, there are going to be sanctions that would be imposed in a jiffy that would make things more complicated as well. Considering the recovery I think we are already struggling with the market crash due to the covid therefore it's hard to sum everything up. Therefore market crisis is not just going to affect one place locally but it's going to have a wide global effect as well.
-The price of oil would climb faster than ever
-Stocks related to Russia would fall drastically
-International relations would be jeopardized.
734  Economy / Economics / Re: Proposed Cryptocurrency ban in Russia on: February 22, 2022, 08:51:47 AM
Now their threat to financial stability is long gone isn't it ? Since they are already planning to invade Ukraine therefore they need something to back them up and to have policies in place that would support them in such state. I do think that even if Russia does not plan to ban cryptocurrencies it would not be a good idea for them to use something like bitcoins for starting a world war 3. They want to regulate mining by setting up areas which would be controlled by the government, certain permissable areas. Which I do think is quite a lot happening. Bitcoins is powerful therefore it scares me that a country can actually use it to back up war.
735  Economy / Gambling discussion / Re: How to calculate Gross gaming revenue for online casino on: February 21, 2022, 06:17:27 PM
But we cannot exactly calculate everything since all the players and their individual bets, getting all that information might be a bit challenging since at the end of the day it makes no sense to invade someone's privacy. Plus all these things are calculated by the softwares now and their net profits as well, they are all mostly done by governmental bodies sometimes to make sure that they do not cheat and pay their taxes on time based on the profits that they made. But you can always check the gross profit that they made from the bet you made on your site! Might be interesting for some people.
736  Bitcoin / Bitcoin Discussion / Re: When your freedom is taken, bitcoin and crypto is the solution! on: February 21, 2022, 05:49:02 PM
This is horrible since when you force people to do something that they might not agree on and at the same time at such a sudden notice making everything so horrible since it would be hard for them to earn due to the pandemic people would have no choice to :
1. Shift to a better currency immune to the governmental manipulation
2. They will loose all the trust and respect that they have for the government as well
3. Peaceful protests does come into the right for them to voice their opinions as well.

I don't really have any problems with antivaxers, I do think they are stupid but at the same time being someone who does respect their opinion as well. It's stupid to block their bank accounts and cut them off just like that.

People need to :
1. Switch to bitcoins
2. Get some of their assets in there
3. Choose a better government
737  Economy / Economics / Re: Russian Crypto drafted bill release date shifted, do not be misinformed on: February 21, 2022, 04:54:37 PM
- They have much more things to take care of right now with the war and stuff they are focusing their energy on destruction right now how do you think this would go?

- They are going to use Bitcoins to fund for war and everything since at the end of the day, US and other nations wants to impose sanctions and am not even sure how this would work out, using bitcoins to start a new war ? Eh! Nah!

- Even if they allow mining and all it would be highly localized and at the same time they would not really let the market flourish for real, it would be focused on the government gaining profits.
738  Economy / Gambling discussion / Re: Gambling for fun alone? how true? on: February 21, 2022, 04:21:46 PM
It's not exactly loosing for fun, you know the games we played as a child when we used to go to the fare and such, all these games etc at the end of the day, we paid for it and rarely won, everyone enjoyed it didn't they ?

Basically human mind is wired In such a way that it generally encompasses any logic as long as it's getting adrenaline pumped in through those sources. Now at the end of the day I do think that people who are gambling for fun don't really tend to loose that much and don't do it that often, they enjoy every once in a while but if someone is doing it everyday then it's addiction for sure.
739  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Environmental Menace on: February 21, 2022, 03:47:36 PM
The cars emits a lot pollution as well, did we stop using them and the trucks? No ! Most of the things that we use have some probelms concerned with the environment and we have to understand that the developed nations and other industrial countries are not making it any easier on the environment. We do know that the green mining is just a small portion, But we can hope with projects like El Salvador for more people to take it on. At the same time right now we don't really have a system that can tackle the financial probelms that everyone is facing right now and thus needs bitcoins in every sense, it's a necessity for the moment, plus soon they will stop mining coins and the mining energy would be more concerned with taking transactions back and forth, the small miners will disappear because of all the competition but at the end of the day, the big companies would have to follow green rules and thus make things more sustainable inevitably.
740  Economy / Economics / Re: computer capable of breaking elliptical curve encryption algorithms on: February 21, 2022, 09:35:32 AM
In events like this, wouldn't it be a threat to every single one of the banks? Government websites? Schools? Offices? This is not really a simple rule but at the end of the day the whole of the internet will collapse causing massive chaos. How hard would it be able to access this computer as well? It's not an easy thing to actually have access to things that can cause so much trouble, at the end of the day I do think that they would impose super strict restrictions on these things so that it does not go in wrong hands. But it's technology, it's going to evolve every single second and if you can't keep up with it, then you won't survive. Let's see and wait for such catastrophe.
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