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1761  Economy / Trading Discussion / Re: I don't know if am right or wrong about this. on: May 11, 2023, 09:27:44 PM
You won't know until you try something. Only the result can show the correctness of the choice. There are no other ways.
And that friend of mine might blame him for having a bad result. You know that people nowadays are looking for interesting things but then if they fail, they look for someone who's to blame for their actions for having an unfavorable result.
It's already there @OP and you'll never know how he's going to react to the losses. Let him learn his trades and experiences until he's the one to open up to you that he's going to continue or he's already given up. Don't make yourself accountable for that as you've just shared and never encouraged and convinced him to trade. Whatever the result will be, it's his fault.
1762  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: May 11, 2023, 08:54:48 PM
~~~
I beg to differ about Japan, it's not really banned there. As you can see, there are many Japanese that like to gamble. Just like this video, it shows a life of a Japanese casino worker so that means, that Japan isn't really banning gambling there. There could be some conditions but it's not actually stopped nor banned there.
(https://www.youtube.com/watch?v=3ouVqSaAkLY)
These articles should need to be updated and give more accurate details of what are the countries that do really prohibit gambling. But I've got an idea and most of them are Muslim countries.
Yes, this is why i did mention if this list does include out online or offline betting because some of those countries arent really that totally banning out gambling which its true that the
list or article should be at least updated because it is really that somewhat misleading if you wont really be making some indept research. Just like on what you had mentioned about
those countries are mostly muslim countries then we do know that gambling is really that prohibited.

According to the Quran, Muslims are forbidden to gamble. However, there are casinos in countries where Islam is the predominant religion, and there are numerous other countries throughout the world with casinos that focus their marketing strategies on attracting gamers from Muslim-majority countries.
Source
That's why those Muslim countries are very strict about gambling because it's against their law and they're also known as good followers. They're a perfect example being set if there's a country that's banning any type of gambling, online or offline.
I think what's interesting in Japan is that we don't know that there are also many gamblers in their country knowing that they're respectable and have a culture of being hard working. It's just like a pastime for most of them but I guess that there goes some of them that are also experiencing addiction.
1763  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How do you decide on a buy price target? on: May 11, 2023, 08:29:32 PM
Or do you get buy targets from another source?
I was like this before but it has made me a lot of losses from doing so. It's not an effective strategy for me and it's like going wherever the crowd is going.

Or do you just look at previous levels as the traders always mention, Optimism is getting close to some previous tops at $1.3 for example?
I'm always looking at their charts and looking if they're under some certain level or prices that I'm thinking about them. It's backed up by a bit of research if they're doing well or not for them to have that type of chart.

How do you decide where to take the plunge?  A certain %drop from the top or a %above bottom?
It varies but if you're optimistic with a certain project, DCA.
1764  Bitcoin / Bitcoin Discussion / Re: Investing in Bitcoin in Student Life on: May 11, 2023, 07:54:51 PM
Bitcoin reaching $100k soon is a speculation and don't forget bout that OP. Even if we're all believing that it shall come, from the point of view of someone who's new to the market, you shouldn't expect too much. We've done that in the past and it did break our expectations because it wasn't met. But for me, that's okay because I know that Bitcoin will certainly do better in the near future, and from time to time, we shall see how it's going to break its past ATHs. You being a student and optimistic and invested in bitcoin, keep it up. You'll never know how far investing in bitcoin will bring you even with those little amounts that you've. And as you've said that Bitcoin is illegal there, I hope that you'll do fine.
1765  Alternate cryptocurrencies / Altcoin Discussion / Re: Good governance is a key to crypto growth on: May 11, 2023, 07:21:47 PM
Governance has a great significance in elevating crypto economy. Every thing is made for people if their concerns and suggestions are not being noticed and go unheard than crypto will be doomed but there are still issues with Dex projects that have normal kind of governance that does not ensure security and sustainability . There are a lot of investor out there but there main concern is that their grievance and suggestions go unheard that lead to big losses.  In the middle of all this turmoil we have found a gem in the form of osacar swap that incorporated amazing things in governance. Time locking smart contract has been implemented in the governance feature to ensure that suggestion are being implemented or not along with that there is multi Sig wallet with private keys. Osacar has introduced a new form of governance so one must give it a try and get endless benefits.
Nice try. I thought that this is a good discussion about governance and its actual growth. But then, at mid of reading, there goes this uncommon project that you've mentioned and you even misspelled it. Anyway, if we're going to the actual topic of the role of good governance in the growth of crypto for that specific country or area. It really plays an important part in how that growth must be. Starting from the rules and regulations and its openness for adopting crypto payments and being not so strict with the rules they set especially for the taxation of crypto profits. A government that understands how crypto works is also a big deal.
1766  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 11, 2023, 06:57:53 PM
But if you want to earn $100 from gambling, it will never be easy because you have to beat the casinos where few people can make a lot of money. The casino will be the victor at the end of the day and earn a lot of money.
We're aware of the term. "It's always the house that wins". And that's true, no matter how hard you try to beat the casinos or maintain that amount of aiming each day, you'll never get lucky most of the time.
It's hard to set amounts that you must meet every day because instead of meeting them, you'll meet the opposite which is losing. Thus, if you're gambling every day, don't set high expectations or any amounts, and if you want to earn that amount daily, find a job or side hustle or make a business that can generate that amount safely. With that, you'll be assured that you can make $100 daily but then if you're persistent and you only to do that with casinos then try other sources that you can do with regards to casinos like adding some affiliate marketing.
1767  Alternate cryptocurrencies / Altcoin Discussion / Re: How to accept crypto payments? on: May 11, 2023, 06:13:47 PM
Yes, that's one way of receiving payments if you've got a business and want to accept crypto payments. But this has to be for each coin that you want to receive.
The easiest is to use those payment processors wherein they'll convert those payments easily for your desired currency/cryptocurrency.
If you're using a QR code, it's unlikely that someone will have to send it wrongly to that address since it's going to require the payees to scan the qr code which will come from you.
Description of your QR code is very important for all merchants. Changing and fixing the price list of the product is very easily possible through QR code. Any data exchange in cryptocurrency is very easy to store, and quick exchange through QR codes. We who want to set up a new business. It is very important for them to have a clear understanding of QR-code
That's just a simple thing for the merchants to understand and that's the typical thing and setup that I've seen for those stores that accepts crypto payments.
But if it's just all about bitcoin, they can simply give or message their bitcoin address to their customers upon payment so that they can pay them easily with bitcoin.
It's not going to be a rocket science for them upon acceptance of payments through crypto or by just mainly in bitcoin.
1768  Alternate cryptocurrencies / Altcoin Discussion / Re: How to accept crypto payments? on: May 11, 2023, 12:06:32 PM
to receive or send payments on cryptocurrency I think it's quite easy for us to see the QR code that is printed on each wallet, so we can scan or write existing addresses to make transactions. but what needs to be considered is that we really have to check the correct address so that we don't send it wrong, because once we send it wrong we can't return it, it's different with banks, where there are institutions to clarify
Yes, that's one way of receiving payments if you've got a business and want to accept crypto payments. But this has to be for each coin that you want to receive.
The easiest is to use those payment processors wherein they'll convert those payments easily for your desired currency/cryptocurrency.
If you're using a QR code, it's unlikely that someone will have to send it wrongly to that address since it's going to require the payees to scan the qr code which will come from you.
1769  Local / Pilipinas / Re: Si CZ Na Tagapagtatag Ng Binance Ay Kinasuhan Ng CFTC on: May 11, 2023, 10:40:11 AM
Palaging may nagrereklamo tungkol sa Binance. Pero TOP1 pa rin ang campaign. Marahil iyon ang dahilan kung bakit ang ganitong malapit na pansin ay binabayaran sa Binance.
Gumamit ka lang ba ng google translate?

<snip>
Daming issue kay Binance, totoo na dapat mag ingat pa rin tayo lalo na sa mga may funds doon.
Puwedeng ignore lang ang FUD at tiwala lang sa kanila. Kahit na masyadong malaki ang Binance kapag may mga issue na masyadong mabigat para tanggihan, kailangan nilang ijustify yung parang sa kanila at sagutin lang at patunayan na walang basehan ang accusation sa kanila.
Pero sa totoo lang, hindi ethical yung ginawa ng mga employees nila at dapat umasyon si CZ sa mga taong involved sa kyc issue.
Kaya nga eh, daming issue pero wala namang nagawa laban sa kanila. Parang wala lang nangyari at parang normal lang ang lahat. Kaya ang masasabi ko possible manipulation lang sa market. Isa kasi yan sa paraan para mabuhay yung market eh, kahit sila yung unang makikinabang. Possible rin naman na totoo yung mga paratang kasi sisiguraduhin naman nila na walang mga ebidensya na makikita.
Posibleng may katotohanan ang mga paratang sa kanila kasi nga may mga companies talaga na nagkakaissue sa mga ganyang patakaran lalo na sa bansang kung saan sila naka-base. Pero posible rin naman na ginagawa lang yan para mas lalo pang sirain yung reputasyon na nabubuo na nila. Sa ngayon, mahirap na tibagin yang reputation nila maliban nalang kung maging katulad sila ng FTX.
1770  Local / Others (Pilipinas) / Re: Gcash Down? Unauthorized Transactions on: May 11, 2023, 09:50:40 AM
Hindi ako nakatanggap niyan at baka need mo talaga i-follow up yan. Okay naman na sa akin ang app nila kaya icheck mo sayo. Ang diskarte ng iba kung ayaw pa rin ay i-uninstall tapos reinstall lang ulit para maging ok na yung app.
Mag follow up na kayo ng mga kyc niyo kung ganyan ang text message na nareceive niyo. Tignan niyo lang din yung source kung saan galing ang message kapag ibang message naman natanggap niyo kasi talamak ngayon ang phishing ng mga nagpapanggap na gcash.
Possible na hindi sa Gcash galing tong message, so far wala naman akong nabalitaan na ganitong message. Pero pinakamasaklap na nakikita ko is andami pa rin atang mga pera na hindi pa rin naibabalik ng Gcash.

Madami akong nakikita sa Facebook na nawalan ng 15k, 19k, etc. Na kahit nagreport na sila sa support ng Gcash ay for some reason ay hindi na daw maibabalik ang funds na nawala, which is i think isang malaking pagkasira sa Gcash. Nakakatakot ito if mangyare sa atin biglang mananakaw ang funds mo tapos sisisihin kapag ng Gcash kung bakit nawala ang funds mo.
Yung mga perang nawala, hindi na mababalik yun. Yan ang sad reality para sa mga nawalan ng pera. Kasi one sided lang ang story, hindi sa kinakampihan ko si gcash pero, kung may mga activities tayong nagamit natin ang gcash at na-connect natin ang mga accounts natin tapos nagbigay permission para sa connection na yun. Kahit walang OTP madadale pero nagtransact ako kanina sa gcash at nagbibigay na siya ng OTP gamit ang text message sa account ko kahit na dati wala naman. Bale ito na yung security measure na dinagdag nila para sa lahat ng users siguro.
Sana yung mga nawalan at naging biktima, sabihin nila ang totoo na posibleng galing sa casino at kinonek nila accounts nila freely.
1771  Economy / Economics / Re: Saving is Wasting? on: May 10, 2023, 11:55:27 PM
Saving cannot be said to be wastage. People actually save for investment because bulk money doesn't come especially for salary earners except entrepreneurs who could get some huge sum of money from a deal. Even they too save.
There are people who save because they just want to save and they're afraid of taking any investment. That's different from people that save because they're going to invest their money in something else that they know will grow their money. I wouldn't say that those that are savers just for the sake of saving money are wasting also their time and money. But, it's like having a fund that they can spend whenever they are and that's liquid cash. While those people that save for investments, it might take time until they manage to get that money back for a specific period of time and it's not as liquid as the saved money unless it's on the crypto market where they can sell it as soon as possible when they're in need of money.
1772  Bitcoin / Bitcoin Discussion / Re: with the high transaction fees btc makes me stronger to hold btc. on: May 10, 2023, 11:22:24 PM
i want to hear your opinion,,,
and are you freaking out about the high btc transaction fees...?
Nope.
Why should I be freaking out just because of the fees? I know that it's truly expensive and far from what we've used to see but this isn't going to make me freak out. A sudden fall is more likely to freak out most of us but then, with this situation, it's just making us get used to it and adopt and decide whether we want to transact or not.

but in my opinion if transacting btc it would be better to use a cheap transaction method.
Yes, always choose the cheapest fee. If it's possible to transact with 1 sat/byte before, we might see that happen again when there's no more clogging in the network. But for the meanwhile, we have to add some sats on it and if you've got an urgent transaction needed to happen then just do what's the priority amount is telling you.
1773  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: May 10, 2023, 10:50:08 PM
This is actually situational because there are really places on the world or countries which had been banning all forms of gambling or simply been prohibited.

United Arab Emirates
Brunei
Cambodia
North Korea
Japan
Singapore
....
https://www.lawyer-monthly.com/2018/02/10-countries-where-gambling-is-completely-illegal/

Dont know if this one is on both physical or online betting but for  sure there are countries which both banned  these things. Gambling industry
isnt the only source on where they could be able to extract out that TAX but well its not shocking into those places on where
they do heavily rely on this industry considering on how much money could really be generated into this  matter.
I beg to differ about Japan, it's not really banned there. As you can see, there are many Japanese that like to gamble. Just like this video, it shows a life of a Japanese casino worker so that means, that Japan isn't really banning gambling there. There could be some conditions but it's not actually stopped nor banned there.
(https://www.youtube.com/watch?v=3ouVqSaAkLY)
These articles should need to be updated and give more accurate details of what are the countries that do really prohibit gambling. But I've got an idea and most of them are Muslim countries.
1774  Alternate cryptocurrencies / Speculation (Altcoins) / Re: price of CAKE $50 realistic? on: May 10, 2023, 10:27:30 PM
it was realistic back then but I don't think it's realistic right now, there's just absolutely no reason why these swap platform coin gonna rise, all attention is stolen by meme coin and layer 2 coin, most investment flowing in infrastructure based coin, I don't think these coin like cake will ever reach that high ever again.
Yes, there's this tension in these swap platforms because the market isn't favoring them at all. Well, whenever we go into a bull run, that's when we'll know if the price for cake @ $50 is going to be realistic or not. Because that's where things happen and we'll see how much it'll go up when the bulls back. Right now, we don't see any optimistic moments on it as it's quite low so, the realistic thoughts of many is that it's far from that price and that's why let the market decide whenever we see it up again but maybe that's likely by next year or by 2025.
1775  Alternate cryptocurrencies / Altcoin Discussion / Re: New coin - PEPE on: May 10, 2023, 09:54:59 PM
And just after reaching the peak and ATH of Pepe, it has come now to go down. I am sure that there have been many investors that have made a mistake investing again in this coin.
But I am also sure that there are more that have made profits, huge profits on this one, and never missed the train. While it's also possible that many have been greedy and instead of selling and taking good profits, they've taken decreased profits because of the greed that has been on them.
Don't be like that, whenever you invest on these projects you must be prepared and have a plan on when to get out.
1776  Alternate cryptocurrencies / Altcoin Discussion / Re: Pi coin on: May 10, 2023, 06:55:14 PM
Has always been a joke project. While the meme coins are being taken care of these exchanges and listing them quickly, here goes this project reasoning out that they're still on development of an exchange. They don't really need an exchange because they'll never get there.
It's all promises that will be just vain in the end, sorry for those people that have been hoping will bag such money on this project.
But think of it slowly about the reality of this project that it's going nowhere because it's non existent and the devs have just collected all of your data, thanks to their KYC that's said to be reasonable but no other aim but just to collect all of your ids.
1777  Bitcoin / Bitcoin Discussion / Re: Crypto Awareness: Bitcoin logos on T-Shirts on: May 10, 2023, 06:24:29 PM
That's a good one if the main idea is to raise awareness to the people that are going to see that t-shirt. If that's an affordable price to most then that will be a successful business and aim.
But then, there have been news and reports about $5 wrench attacks and this can be one of the ways for these attackers to determine if someone holds and owns a bitcoin.
That will be easy for them to know their targets. Yes, it's possible that it can happen but I'm not telling it that it shall bring the whole negativity to anyone who's going to wear it but, it's just about the reality that has happened to the others.
True. I think this is very possible for those scammers to easily trace bitcoin hodlers since wearing bitcoin T-shirts only means that you are a believer and a long time investor in bitcoin, and that you be could owning already a lot of bitcoin profits. Though this idea is very good for public awareness, but it will also trigger the safety of those people who are actually making profits from bitcoin. That’s why most bitcoin earners are just hiding their identities so they can avoid crypto scammers.
Yes.
So, it's like having a helpful way of promoting bitcoin to the public but at the same time, you'll be thinking about safety concerns upon wearing it. You choose what matters to you. We can contribute in bitcoin's growth in some other ways if you're concerned with your safety.
But if you're for it as in fashion, you can always wear it anytime you want and just reason out that it's just given to you. I have seen someone wear something like this in the public but no offense, that person was a beggar and that t-shirt was just likely given to him.
1778  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 10, 2023, 05:52:12 PM
Exactly, with the help of the technology, it's not hard to trace where the transactions came from and even you'll try to hide those important information, it will gonna reveal itself since there's a trace from the receiving ends and processors.

You can't hide that fact and it's not a wise thing to do, trying to blame someone with your mistake, you are the one who are in charge with such actions that you made, it's a sad fact but nothing to be blame but those persons itself who made these actions.
They're just arrogant and they have no escape on this one trying to blame their losses to anyone or an imaginary hacker. It's true that with such tracing, they can be found that they're the ones that really gambled with that money.
They have no way to go if that's proven to them because that's really they are. These are not going to change anything even if they keep making excuses such as this and such as that because it will never change the fact that they're the ones who have gambled and they've just losers trying to blame it to others and can't accept such defeats.
There blame game is nothing out of the ordinary, I mean a thief will always have a reason as to why he become a thief, and if he or she does not blame his actions on this parents, a family member or relative, he will blame it on the government, the economy and the bad situation of his or her country..
That's true, these people rely on pointing their mistakes to another one because they have no balls of admitting and taking care of it. There's always the opposite reaction to doing such.

But the most important thing here remains the fact that who ever is to blame will not stop the law from taking its full course and justice served as it is rightly deserved.
They don't realize that. Whether they make reasons or point to others thinking that they'll be the one to catch the punishment, nothing will change. They can't stop what the law says and whatever is the punishment they must render time to pay for their actions.
1779  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 10, 2023, 05:25:26 PM
Exactly, with the help of the technology, it's not hard to trace where the transactions came from and even you'll try to hide those important information, it will gonna reveal itself since there's a trace from the receiving ends and processors.

You can't hide that fact and it's not a wise thing to do, trying to blame someone with your mistake, you are the one who are in charge with such actions that you made, it's a sad fact but nothing to be blame but those persons itself who made these actions.
They're just arrogant and they have no escape on this one trying to blame their losses to anyone or an imaginary hacker. It's true that with such tracing, they can be found that they're the ones that really gambled with that money.
They have no way to go if that's proven to them because that's really they are. These are not going to change anything even if they keep making excuses such as this and such as that because it will never change the fact that they're the ones who have gambled and they've just losers trying to blame it to others and can't accept such defeats.
1780  Alternate cryptocurrencies / Altcoin Discussion / Re: People with quick rich attitude always mess up with alt coins on: May 10, 2023, 04:54:45 PM
They'll learn the lesson eventually if they keep on doing that. Having that mindset and doesn't change it will make them feel that there's something wrong when they've just keep on losing again and again. It's a cycle that's repetitive and they will only realize it when they see that they're no longer progressing with this attitude and strategy.

But greed make people loose all senses I think. If you are still thinking to invest in safemoon now, think twice.
True to that, when someone allows greed to get inside of his head. Well, every project that they will see as some sort of pump and dump, they'll have hard time of avoiding it and instead, they'll be optimistic towards it.
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