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2881  Economy / Economics / Re: Are you ready to spend crypto when market is down on: October 06, 2022, 02:42:12 PM
Foolishness to some but reasonable to others. It is true; you'd only lose in an investment once you chose liquidation of your asset or by spending what you are holding 'coz that would simply mean you sold your asset for a low value. But as we all know, we have different circumstances; there are times we would be forced to prioritize other things such as if you are needing emergency money and such, there would be a tendency for you to let go of your losses or idea of gaining profit from enduring down market. Point here is, no action is wrong as long as you won't regret it afterwards and as long as you have a valid reason you yourself won't question about. That's your money in the first place and only you have the rights to make that 'move'. If you have other resources and you are that determined to your investments, ofcourse it would be better to avoid using your assets especially at this situation we are currently experiencing.
2882  Bitcoin / Bitcoin Discussion / Re: Just Passing Through and saw this on: October 06, 2022, 01:49:35 PM
Despite of the issues we are currently experiencing right now, as evident in this industry, it is indeed amazing to see that adaptation of this technology continues. I wonder if the image was captured recently, 'coz if it is, that would be amazing. In my area, there were small businesses who started accepting ethereum, and Bitcoin, as an alternative mode of payment but unfortunately, little by little, those businesses eventually stopped, probably because they cannot take the loss that much especially now that the prices of raw materials for their business, increases, and the market values of most cryptos are still down (in comparison with their market price last year), which makes it more sad. Hopefully, more people would engage adapting cryptocurrencies to show support for its continuous growth towards future
2883  Alternate cryptocurrencies / Altcoin Discussion / Re: Next meme coin to buy in 2022 on: October 05, 2022, 01:57:14 PM
Not the best season for meme coins, I guess. I mean, ofcourse if you have the resources, trying would be good but if it is limited, try to atleast avoid for now. The market is currently torn between dip and recovery. Big coins are having a hard time to recover which makes sense to think that it would be harder for smller ones. The point is, picking a coin that would give you profit once bullish season starts. At this point huge names in this industry are the ones which are more expected to lead the pump. Usually, non utility tokens only follows the trend. So if the demand in the first place is not stable, I think it would be a risky choice, just at this moment. Wyt?
2884  Bitcoin / Bitcoin Discussion / Re: Bitcoin + MetaMask? on: October 05, 2022, 01:25:44 PM
The idea is good but I have used metamask before for P2E purposes and I had issues with transactions wherein there are times of delays and not to mention high transaction fees. Bitcoin adaptation will be useful, much more if other factors will be also improved. Also, as other users have mentioned, chrome is not as secure as other or traditional exchangers or wallets, so I guess it is also something to consider.
2885  Economy / Economics / Re: Take shelter, a storm is coming in October. on: October 03, 2022, 01:54:45 PM
Economic crises seems to be bottomless at this point, if I would be asked, one factor which affects continuous increase with the things being sold to the market, us simply demand triggered by bigger number of population nowadays. More consumers means less resources, right? So I guess this is valid but feel free to correct me anyway. I've connected it to real world situation because what happens on a daily basis, also affect the prices of cryptos. Patterns on the other hand are not hundred percent reliable, it is just a guide and being prepared for the "possible" downfall, would be really advisable always.
2886  Bitcoin / Bitcoin Discussion / Re: Is Bear Market More Important Than the Bull Market? on: October 03, 2022, 01:20:16 PM
Definitely depends on your perspective as an investor; some are more excited with bearish market while some are looking more on the opposite end. It is quite a matter of choosing your own poison given that there's no assurance of profit eitherway, that will solely depend on your analysis of the market.
How on earth you can thought bear market is important? No one want Bitcoin price always decrease since most people buy Bitcoin to get profit by holding it. Only few groups are want Bitcoin price suffering bear market, it's government, country who ban Bitcoin, groups that say Bitcoin is haram, etc. If Bitcoin price always keep rising everyday, no one will afraid to buy Bitcoin and everyone will thank to Bitcoin since their investment always 100% successful.
I do get your point, but as you've mentioned, some investor are holding and that is on purpose, especially during bearish season. They are willing to wait for that pump to harvest their profit. Most likely, they are 'bigger' investors who can afford seeing a red portfolio.
2887  Bitcoin / Bitcoin Discussion / Re: Gambling Companies and Bitcoin on: September 21, 2022, 03:17:57 PM
Usually countries issue specific bans on the use of bitcoin and generally gambling activities are always overlooked by this rule. And if you look at some of the well-known casino licenses, they prefer to register the company in somewhat crypto-friendly countries even though they basically operate or accept the majority of customers in their own country.
Use of cryptocurrency as a mode of payment is still hard to promote to many countries and allowing gambling activities, indeed, is a different case. Bith are not widely accepted in short, but if we would be looking on a bigger perspective, both of these things could really work. Since gambling in some countries, is prohibited, anonymity because of block chain could be an aid for the gambles to continue their 'hobby'. Gambling on the other hand could boost the use of cryptocurrencies with online transactions. From this picture, it could be an example of a domino effect and direct exchange of benefits from one another.
2888  Economy / Economics / Re: How to save as food inflation jumps more than 11% in a year on: September 21, 2022, 02:23:34 PM
My first priority was to give up fast food consumption and the habit of eating in special places such as restaurants. In addition, I follow the discount days for grocery shopping. Also, I've reintroduced old methods such as canning into my plans. I can't do anything more. What I can do about it is limited because after all, I cannot go hungry. Smiley

We can somehow overcome the energy crisis by making more effort and avoiding a little extravagance, but there is nothing we can do about issues like climate change. The energy crisis should remind us of the issue of climate change and enable us to take action against it now because global crises are creating problems beyond predictable events.
It is quite sad that people have to adjust their budget even with food, which is essential to human beings. This is simply how bad the situation we are or most of the people are experiencing. But to be back to the topic, Avoiding fast food chains on a regular basis would be really helpful in saving, it would be much better to cook at home. But still, if the prices of the raw ingredients are also affected, savings won't be enough to cope up with expenses, counrry leaders should really move to aid the situation for real.
2889  Bitcoin / Bitcoin Discussion / Re: Bitcoin island in the Philippines? on: September 20, 2022, 02:56:58 PM
This is simply a resort which would accept cryptos or Bitcoin to be more specific, a mode of payment. Indeed a great contribution with crypto adaptation but people in PH are mostly unaware of what this blockchain, really is. There's still this image of it being a "fraud" due to instances wherein investors lost huge amount of money from investing into it. Also, there's no assurance yet whether this plan on the article would last for a long period of time because in the same country, there are establishments who once accepted such mode of payment but eventually chose to stop.

Quite unsurprising still, the days for this technology is still young and is still separated with stocks. Businesses who would use such payment method will have a hard time dealing with volatility and maintaining profit for their businesses given how fast market prices moves, especially during bearish market, wherein they will either be forced to just hold, or to 'stop before it get worse' situation. A matter of tolerance with this market's nature.
2890  Alternate cryptocurrencies / Altcoin Discussion / Re: Tamadoge on: September 20, 2022, 02:08:39 PM
Memecoin is a 'meme' coin, no matter how you look at it. If I'm not mistaken, there's still no utility for this one likewise with other cryptos of the same category. Most of the time, coins of such are only good for a short period of time, and once the hype cools down, it will have a hard time to be back on its feet unlike with utility tokens and the others which has specific functions. But to be clear, I am not ignoring the fact that it could really be profitable to invest, what I am trying to say is to take extra caution with betting your money to tokens or investments. Goal is to lessen the risk of losing in an investment.
2891  Bitcoin / Bitcoin Discussion / Re: Well! Bitcoin doesn't have this problem on: September 19, 2022, 02:36:55 PM
BTC is life changing if people can only understand that. There is no need for banks in our system. Decentralized is the key and BTC has that. Also it comes with freedom. I don't know why people still don't get this. They need to learn a lot.
It is not a question whether people don't understand Bitcoin and its life changing ability. Without taking anything away from Bitcoin and what it is, can you confirm that you did not or have not to spend some fiat from your Bank account buying some Bitcoin/Satoshis if you are HODLing BTC? regardless of how we want Bitcoin to be accepted by every sales shop in every location, that is not the case now and so are other sectors of the economy like the Hospital in question which has no option for Bitcoin payment, so we still have to resolve to using fiat/Banks.
This is simply because of its volatile nature. Bitcoin and other cryptos, for sure, became popular due to its tendency to generate profit as an asset which has a too volatile market value. On the other hand, this feature scares those countries who are planning to adapt this industry because there would be risks involved by doing so, since the market prices won't be controlled and is way too unpredictable. FIAT is also another thing; if it is reliability and acceptance, ofcourse it would have an advantage over cryptos which are still on the progress of development.
2892  Economy / Speculation / Re: Does anyone think it will be much harder to buy bitcoin later on down the road? on: September 19, 2022, 01:46:42 PM
I never had any problem buying Bitcoin except for some 'traffic' whenever the market volume is that high, but I don't consider it really a problem because that depends on the wallet you are using. Problem concerning difficulty with buying, I guess, would be with one's opinion of when would be the right time to buy? Some people would desire buying at the 'right' time but definitely there's no such thing right?Another thing is prohibition to some countries. I'm not sure of this one but there was a time wherein countries banned bitcoin and other cryptos because of 'fraud' issues, year 2018I think, please do correct me if I'm wrong.
2893  Alternate cryptocurrencies / Altcoin Discussion / Re: Fan Tokens on: September 18, 2022, 11:12:58 PM
I think fan tokens are a very old and well-known industry. Bull seasons usually shine more unknown niche sectors instead of polishing the sectors that everyone knows. I rely more on web 3.0 projects rather than fan tokens related to the football industry. I shape my investments with this idea. If you have a prediction that the fan tokens will be the star of the bull season, you can try your luck. This is your decision.
In bullish season, most of the tokens' market value increases especially those which are considered "fan tokens". Simply because fans indidicate demand, given that there are people who are a fanatic of these cryptos, the market volume will also increase during this said season, technically. Investing into it would be a good idea especially if there is a continuous positive or upward movement to most of the cryptos' value. Choosing where and when to enter would be the bottomline. But as long as it is a confirmed bullish movement, there's less to worry about.
2894  Alternate cryptocurrencies / Altcoin Discussion / Re: Few crypto thoughts of the day on: September 18, 2022, 01:53:24 PM
1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
4. Crypto keeps looking stronger every year, it's getting more recognised and big players of the world are saying BTC is a better store of value than the dollar for long term, are they right.

If it is possibility in its broadest sense, ofcourse there is a tendency for its market price to go that low especially if there's something or factors which may pull down its market value such as economic crisis or let's say series prohibition with its usage to many countries. But let us hope, given and as you mentioned that more countries are following adaptation, that this thing would be more in the positive path. With your last question, it is quite situational.Fiat for sure would be a more secure storage but being profitable as a currency would be another kind of story for cryptocurrencies.
2895  Alternate cryptocurrencies / Altcoin Discussion / Re: trading strategies how to turn 50$ into 100k$ in a month ? on: September 15, 2022, 02:43:13 PM
First thing is to set aside profit assurance and accept the fact that your 50$ could be gone. It won't always be a winning investment or trade. Second is to research for projects and to know what indicators of a good project or coin to invest your money with. Also, make it a habit to ask but learn how to conclude for yourself. As what most of the people here are saying, it will be hard because the gap is too big. Even long time traders are losing money, so you're bettrr prepared.
2896  Bitcoin / Bitcoin Discussion / Re: Can the blockchain be hacked? Ask again. on: September 15, 2022, 02:07:59 PM
Technically speaking, yes. But I guess "hack" related issues, as far as I can remember, are more often involving user neglignecne, or simply involving human interaction such as, 'accidentally' sharing private keys, or logging to other devices in some instances, and encountering phishing sites. Not trying to sound cliche' but we must really take extra cautions with it, given that it involves our money in the first place. I have also heard some stories wherein 'hackers' managed to access their assets but I doubt they did nothing for those bad people to get access or to reach them, chabces are high that there were some errors, 'coz if there are no such thing, why are whales or big investors are not having problems of this kind then? Practically, they should be more of the target, right?
2897  Alternate cryptocurrencies / Altcoin Discussion / Re: Too good to be true? on: September 13, 2022, 03:58:18 PM
Likewise with ither responses, there are many coins which made millionaires out of no one you just have to find the right one, with luck ofcourse. There are memetokens and Utility tokens such as with play to earn projects which also became a trend especially last year. But as I've mentioned, it is hard to predict given how many cryptos are there in this industry. I have friends who are also doing some NFT Flipping which gives them huge amount of profit. But I guess it would be better for you to learn the basics. Also, just mind the profit and not how much would it be, that is for me, the minimum in investment industry.
2898  Economy / Economics / Re: How lipstick and underwear can predict the economy on: September 13, 2022, 03:28:37 PM
To sum it up, these things which are less important than food could determine the 'class' of an economy of a country  Simply because if people could afford things related to aesthetics and such, ofcourse they could afford daily necessities more unlike with those countries wherein both food, shelter, and clothing are difficult to consume for people because they are simply lacking. A boost on the sales of these, what I like to call, 'secondary needs' or simply things people would still be alive without those, can really reflect to the state of monetary status of a country or area to be more specific.
2899  Economy / Economics / Re: Grow Economy on: September 12, 2022, 03:09:50 PM
Depends on what country are you currently in. If it is a third world country, ut is obvious that it would be tough because corruption is high in those countries ( actually likewise with my country). There are many ways to boost an economy of a country such as boosting tourism, supporting exportation of your own goods, and the likes. Adapting to technology would also be great if your country's economy would be able to do so. But as I said, plans won't make it easy, how a government would react will be crucial. In my country, Industrialization is visioned to make changes, but I guess agricultural sectors should be prioritize because I consider it as my country's asset. Feel free to guess my country haha.
2900  Bitcoin / Bitcoin Discussion / Re: Censorship in Bitcoin online forums on: September 12, 2022, 02:23:26 PM
I recently made a post on Reddit calling out market manipulation using Bitcoin. This post was removed from /r/Bitcoin without notification or reason.

By r/bitcoin or by global reddit spam filter?

I'll be spending a few Satoshi to embed the message in Blockchain as it's been censored on social media.

It's not really effective due to long message and most people don't look for human-readable on Blockchain. You also have to split the message every 80 bytes, unless there's pool which want to include your non-standard transaction.

This is actual utility beyond just recording transactional records.

Some people would argue you're spamming Blockchain though, especially when the message isn't extremely important.
In addition I guess, is the content an individual is 'sharing' to audiences. Anyone could be a fan of someone but there are times motive would be obvious such as with continuously mentioning a certain project with bias and conviction. Well, I do get it, some would hype it up because they have invested into that certain project but, if it would all be your content for a period of time, that would be fishy and won't be surprising to be tagged mistakenly or not, as spam. I do agree with the construction of the statement or a comment if it would sound or look like following a certain format.
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