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4061  Alternate cryptocurrencies / Altcoin Discussion / Re: if you want to invest in crypto... on: August 02, 2020, 04:46:50 PM
Proving that the team developer behind the project to be a real human does not give you any guarantee of the legitimacy of the project itself. What you must check is their identity and background. But still that won't be enough for there might be cases of identity theft and make use of other people's information to fool other people that they are a real person with real identity. Remember, scammers are also a wise man like we people who invest with crypto so basically they won't make a trap that will be obvious.

Investing in crypto does not basically just end on looking at the background of the project you wish to invest. It is also in need to have prior knowledge on how you will do investing. After knowing the legitimacy of the project you wish to invest of course engagement once you have already decided would be the next in line. In yourself, you must know how to identify which project is the best to get investment with and how you will do the investment. Though investment is taking risk since we do not certainly know how the project would end, still it would be best if you are somehow sure of the decision you have made on your investment based on your own analysis.
4062  Alternate cryptocurrencies / Altcoin Discussion / Re: ImToken password forgotten on: August 02, 2020, 03:35:49 PM
It was all due your responsibility to take care of your password at the first place because it is your access to your account since you are the one who have created it so you better know to yourself that you should have take note of your password for no one will know it except your own self. But that was just a common mistake people do because maybe you are just too busy on other things making your mind occupied that makes you forget your password.

You do not have to worry about it if you have your recovery seed or private key with you because it is another way out on how you can access your account. That would be your last resort or option once you have forgotten your password. Wallets and exchanges do always take note of saving the private key or recovery seed for situations like this so you must have it saved on your device or even at a piece of paper.

If you do not have that, then basically you are out into some trouble because you have been to confident and I can say irresponsible for not saving all the necessary things you must saved when you have created your account. Better this serve as a lesson that whenever you make account, always do back up save your password on your device or a piece of paper that you can easily locate. The security of your account depends on those information so you better took good care of those the next time around you will make a new account.
4063  Alternate cryptocurrencies / Altcoin Discussion / Re: Regret always comes late, is there anyone who has experienced something similar? on: August 02, 2020, 02:46:38 PM
Well, we all do have such experiences of late realizations making us to regret on the end. It was just normal to have such because your decision making cannot be just influenced by the price charts or the behavior of the coin your are holding for quite sometime but your decision is sometimes affected by your own gut feeling. We do really experience missing out greater opportunities because of doing early decisions that we thought was right on that time. But the past have already passed. Feeling regretful will no longer save you from what have been done. Better keep up on moving forward and let your experience be your motivation to do well the next time around.

Since the problem that you have faced concerns the way you have not monitored your cryptocurrencies, better do be responsible enough on the next time around most specially if you are holding up into a coin which you think do have a potential to still grow even as time passes by. It is a matter of time management to always look upon those coins you hold. Manage your portfolio very well so you can always keep up on tracking down the development of the coins that you hold to avoid experiencing regrets of missing out opportunities.
4064  Alternate cryptocurrencies / Altcoin Discussion / Re: Waste to crypto? on: August 02, 2020, 01:45:48 PM
That was pretty nice and interesting at the first thought because such project is really in need and be a concern most specially the main problem of the world is pollution that came from waste products. It would be a great idea to combine a solution to resolve waste products and convert it into crypto which is having a natural solution to nature problem and as a return be granted by crypto in relation to modern technology.

But it seems like most of the replies in here concerns the disclosure of all the information since you have already got our attention and interests towards the method you were saying all this time. Better to just spill the information rather than providing it through personal message. If you do really want to have an approach to potential investors and clients then you must open up things they must know so there is no need for a hassle answering too many inquiries with only one aim and that is to know more about the project.
4065  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you agree with the experts? on: August 02, 2020, 01:03:48 PM
Who are the experts that you were saying? It is hard to believe on a mere statement having no reliable source to support such claim because that would just remain a story tell if no proof on which experts have said that there could be no improvement on the prices of cryptocurrencies while this pandemic is still on. The crypto market is not the one who is directly affected by the pandemic because the problem is in relation with fiat for the funding that's why the stock market is the one who have been affected by the crisis.

The last time that it is said cryptocurrencies was affected by the effect of the pandemic is last March when the cases of infection have been reported to have gone through different parts of the world which somehow drag down the prices of cryptocurrencies most specially Bitcoin. But after a couple of days since that happened, the market started to recover on which price of Bitcoin is playing on $7,000 to $9,000+. Days before, we have already seen the price to go up at $11,000+ which is an obvious indication of price improvement. So how come that cryptocurrencies will not undergo improvement at this time of pandemic when it have already did.
4066  Economy / Economics / Re: US economy suffers worst decline as GDP contracts by 32.9% in the second quarter on: August 02, 2020, 11:41:26 AM
That news was already not a surprising one for we all know that all countries are affected by the pandemic which tracked down to have a direct effect on the economic state of the country. We must expect that because of the pandemic, even the richest and biggest countries will suffer just like US that even it have a large land mass, it do also have a big population to be supported by the government. Surely the economic declination have been a result of the couple of months lockdown which brought business establishments to close down for a while to follow the preventive measures just to somehow be able to control the inflation rate of the infected cases that the US have. As of the moment, they still remain on the top that is why it is not a surprise that their economy is suffering right now.

There is no doubt that US can do bounce back after this crisis. It is just in need for the vaccine to be discovered to end this pandemic so that people can get back to work and all businesses and economic related works will start operating to be able for the economy to recover. This might not happen this year for the vaccine is still not available because those that have recently been discovered are still under testing. With the effect of the pandemic into the citizens and the economy of US, for sure it would take time for them to be able to fully recover. But rest assured, they will bounce back from scratch.
4067  Economy / Economics / Re: Philippines will drop as a Country, Economy on its worst! on: August 02, 2020, 08:36:21 AM
The economic status of the Philippines as a country right up to this moment seems to be on a poor performance. Well, what do we expect, almost all countries facing and have strongly affected by the pandemic do also experience the same thing even the rich and big country like US have a struggle on its economic standing because of the effect of this pandemic. So if a big country like US is having a poor economic performance amid with the existence of pandemic, what more can we expect into a small country like Philippines which have an over populated and crowded living mass area. That will totally tolerate the wide spread of virus making it turn to a worse scenario.

There is a faulty on both the government and the people on fighting back against this pandemic so no one must be pin point to claim all the blames. The government at the first phase of this pandemic have been advised to close down the borders not to allow international flights to come in to avoid the entrance of the possible covid-19 carrier but they ignore to make that happen. Also, they implemented community quarantine and lockdowns even without clear plans on how to deal with the loss of job due to temporary closure of business establishments as one of the precautionary measures to prevent the spread of virus. There is a faulty on the response done by the government for it have taken a slow response. Up to the very recent issue that the health department released a report of 38,000+ number of recoveries which involve even asymptomatic and mild symptom patients which can gradually be potential to carry the virus.


On the part of the citizens, they tend to complain more tha to obey. Their attitude of being hard headed and not following the health protocols being implemented turn things to get worst. Obviously, there is no decent understandinf between the government and the people that is why this thing results to a worst scenario which seriously affect the economic state of the Philippines.
4068  Alternate cryptocurrencies / Altcoin Discussion / Re: SIMPLE ADVICE TO ALL NEW TRADERS on: July 31, 2020, 04:01:11 PM
TRADING is not something anyone rush into because it's paying people, its something you sit down, read and understand and also learn by doing. To trade furures, no good trader will tell you to jump into futures trading with a small capital and high leverage ,  to be a good trader you need discipline , the same discipline you apply to a 10$ account is what you should apply to a 10k$ account.

That's why we said that trading is not for everyone, because it really takes a lot of preparation not just financially, but you need to be mentally tough as well. Can you take seeing negative in your account? Are you emotional trading? So you need to have discipline and learn to control your emotions, you shouldn't trade with your heard, but used your brain to make logical decisions.


I agree on the point that when doing trading you must equip yourself not just financially but also mentally as well as physically because all of those are correlated with one another. (1) Financially stable in a sense that when doing trading, you must have your own fund to use and not a borrowed one so that you will not feel any pressure that you must earn on an instant to be able to pay right away the capital you have borrowed to get started. (2) Mentally because trading will challenge the way you think and perceived regarding your trading strategies and how you can be able to cope up on the changes happening in the market that can affect your trades. In mental strengthening, emotional handling comes in because if you have a stable mental perception this is when you can control your emotion not to drive your decisions with impulse because of what you just feel in your emotion. (3) Physically in a sense that upon trading you must also strengthen your physical aspects because there might be times that there will be sleepless nights for you do not want to miss any opportunities on the volatile market that can be favorable on your part.

With regards to not all people are capable on doing trades, actually for me all are capable it just so happen that they still do not know how to do trading but if they will study to learn and understand how it is done, they can still do on trading. It just so happen that we have already know how to trade which makes us capable to trade on which at the first place we also started as newbies. If we have done that to reach this point, then other people starting can do it also. Just do not rush things and make time for learning before engaging.
4069  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still sleeping? on: July 31, 2020, 03:12:50 PM
Yes I do still sleep for that is really important. But for this past few days ever since the prices in the market go up trend, I seriously have sleepless nights for the reason that I am always checking up on my trades because I was really indeed excited to see the results. I guess everyone is feeling the same thing like I do and it is normal because it's been a couple of months since this have happened and I think that was at the start of this year up until the early days of March before the quarantine brought by pandemic have started that somehow affected the prices of cryptocurrencies.

Well such excitement we do feel right now is normal indeed for we are checking up on the latest happenings on the market and as we can see we are having a good drive and the normal reaction is to got really excited to the extent we cannot get to sleep for too long. But of course sleep is in need so I do still somehow manage to control myself and get to sleep despite of excitement for I do know good opportunity is still up there when I wake up but I rest assure I will not miss important happenings and opportunities as well.  
4070  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people are buying when the price is going up and not when it is down on: July 31, 2020, 02:36:55 PM
Mostly those people who buys when there is an up trend on the prices of the coin are for sure newbies or those that are newly engage in this industry. Little do they know that situation in here is somehow a contrary and there can be two types of opportunities on which you must buy while the price is low which is the first opportunity and sell or trade when the price goes up to gain profit which is another opportunity again.

For sure those people who goes with the up trend buying coins do not basically know that they must not get into the flow of buying while the price is rising because better opportunities come from the down trend on which people mostly complain but wise people treat it as opportunity to obtain more coins that are potential to have an increase on the price value.

Maybe those people have a wrong understanding or misconception on how things are being done in here most specially when it is done by a newbie since they are still not familiar on how things work in here. Before deciding to buy, they must know first the basic knowledge they must obtain before engaging into such transactions so that they won't be missing opportunities of gaining rather than losing.
4071  Economy / Economics / Re: Global Migration of Millionaires. Can Bitcoin change this scenario? on: July 31, 2020, 01:29:36 PM
There are lots of reasons why a certain individual decides to migrate into other countries most specially at the case of millionaires, surely they are seeking for better opportunities that can be possible to be seen on other places. Millionaires do have really big mind to seek for business concepts making them go far away to put it into reality.

The existence of Bitcoin to be used up as a passage way to make millionaires feer out of government's control on handling their money could be possible but it cannot assure to lessen the possibility of having migration because not all countries do allow usage and existence of cryptocurrencies in their countries so if ever they would try to decide using crypto like Bitcoin in a country like that, they would still be make use of doing migration to be able to use Bitcoin. We cannot control the migration of millionaires since they have their own reasons why they migrate to other places and that is which commonly concern about seeking better to best opportunities. Bitcoin on the other hand could be a possible way if they were just minding to be freer on using their money but still the idea is not that clear how could it be possible and usage of such cannot be an assurance that migration will not take place anymore. 
4072  Other / Off-topic / Re: Quality War ( Europe vs China and India ) on: July 31, 2020, 12:51:06 PM
I am not really that familiar on any product coming from India so I cannot state anything on the quality of the products it has. But regarding on European and Chinese products I am pretty familiar on those most specially on the products from China since I came from an Asian country so basically, we are on of the countries where their products are being traded and imported. When it comes to European products, what I can say is that they are really good in quality since Western countries are well-known to have good quality products compared to Asian. But the exception is Japan since they own a high technology that is why their products do have high quality as well that can be comparable to Western countries.

The main thing and concept that comes into the mind of people most specially for people who have already tried and owned products from China is that products do always come in low quality. Well that is basically true. But still there are good qualities of products coming from their country. It just so happen that people patronize low cost products coming from China since it is affordable that is why they are getting low quality products as well. What would you expect to get a high quality product with a cheaper price? That is quite impossible at this time because if you want high quality product, then you can have it if the price is right.
4073  Economy / Economics / Re: Cash Is Trash on: July 31, 2020, 12:19:47 PM
It sounds cruel and harsh calling out cash to be a trash and at the same time too insensitive for the reason that many people are still using cash nowadays since for them it is the most convenient valuable type of money they can have to sustain daily life needs coming from work which pays them cash or paper money for a job well done.

Cash is not a trash at all because it is still acceptable by many but if you look at its value, then we can say that cash is far behind gold, bitcoin and stock market as well. Those people who are laughing don’t have any kind of investment and didn’t realize its importance. If you want to be beaten by the inflation then go focus on your cash but if you want more, use gold and cryptocurrency.

I agree. It is not appropriate to call cash a trash for it is still widelt acceptable by many people and the government as well because it is the only type of money in different currencies that are free to be used by many people compared to cryptocurrencies alone. The value might be far behind gold and Bitcoin but still people make used to have it for it is a valuable thing for them. A trash is something that have already no value and that must be disposed already. But cash have value so basically it is not classified as a trash. It is just so insensitive for someone to call cash a trash like he have not used to have it before crypto and digital currencies have arise.
4074  Economy / Economics / Re: Europe’s economy is moving faster than US economy - Covid-19 effect!!! on: July 31, 2020, 05:55:36 AM
I think there is nothing to be thankful about the covid-19 pandemic that brought up to Europe's fast pace on recovering compared to US because seriously we are facing into a serious manner and how fast the economy of a country recover must not serve as a race or comparison for there are certain reasons why US up until now is still struggling to control the inflation rate of covid-19 infected individuals in their country. It just so happen that US have a big bunch of population to be taken care of which leads them to have the most number of cases up until this current time.

Europe's fast recovery was indeed impressive at the first place but this must not serve to be a celebration that at last it have surpassed US economy just because of the existing crisis brought by this pandemic. Maybe it just so happen that Europe have reacted and put up a plan that can effectively control the scenario which makes them possible to recover fast compared to US. Different countries have different tactics and approaches towards resolving the problem but the important thing is that there is an improvement not just on the management of the cases but as well as for the recovery phase of the economy even if it is fast or slow
4075  Economy / Trading Discussion / Re: Binance compared to other Crypto Exchange. on: July 28, 2020, 03:36:55 PM
Binance is dominating the whole market because of their contributions and support all around the world. Here in the Philippines the binance charity is really making a big move to be notice and it's impact to the traders here in our country is really big! Other exchanges are keeping it online however, the Binance itself is connecting to people that's why it keeps growing! Binance is not just a good exchange, it's a good company as a whole  Smiley
4076  Bitcoin / Bitcoin Discussion / Re: If bitcoin doesn't reach $500K in 3 years.... on: July 28, 2020, 03:14:25 PM
Haha, he can't eat his dick now, I think it was just a meme or funny response Cheesy, although he was really hoping for Bitcoin BTC to reach $500k,and we all know John McAfee is an investor and he fully believes in Bitcoin so he will always expect it to be at a high price at all time, and we have all seen how bitcoin turned from $0.20 to $20k  in less than a decade, so anything is possible, I still believe $500k per btc is attainable buh in the future not now.

not a meme because it came from his official twitter account but as i see the check mark next to his name  looks blurry  . so im skeptical if its legit or not. just is investor of btc and so i am but what our only difference is that my expectation are not high as his  . i saw the transfromation of btc  3 years ago but thats not enough to kick my motivation thru the roof   .

Quote
I still believe $500k per btc is attainable buh in the future not now.
like on what year  ? 2040's   ? me too but how old are you now  ? not sure if we can reached that year but we can also inherit our coins to our kids

Yeahh, that is a legit post from him and we all know that he is one of the biggest troll here in the internet when it comes to bitcoin  Grin Honestly, John statement is a shit now, since no one believes him anymore because of a lot of garbage statement he throws on bitcoin.

500k$ is so good to be true but still possible, It will take a lot of time but again, Bitcoin came from nothing and Bitcoin always do the unpredictable  Grin
4077  Other / Meta / Re: Huge donations to bitcointalk on: July 28, 2020, 03:01:32 PM
Forum software?? Mods?? Why should both get paid? Isn't smf free? I haven't heard any other mod to get paid.
If some of the post and thread are getting deleted, some user's are getting ban or nuke that is Moderator's doings. They have a lot of job here and they are keeping the forum clean as possible, LOL. The forum software is the forum itself, so we are enjoying using this forum smoothly, There's no such thing as free on running a website/forum.  Wink
4078  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin replace Gold someday? on: July 28, 2020, 02:45:46 PM
Gold is gold and nothing can replace it's value and I think people will still choose gold in the future since, if you have gold you have a physical asset of it and that never fades and will not lose value! Bitcoin is just a digital currency, good for investment but you have nothing! People are still going to choose something valuable that they can get their hands on  Wink

BTW, Bitcoin goal is not to replace Gold, but to make a new choice for people as their medium of exchange.  Grin
4079  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 28, 2020, 02:36:26 PM

It's low profit, but its passive income, how much money do you expect to make with 0.05 btc investment? And don't compare passive income from this or any other way with trading, trading can eat your money if you don't know how to trade.
Is this a weekly payout? If it is, it's not bad, I will think about investing in their bankroll too.

If there was a legit cloud mining, this amount is enough for someone to receive a decent amount of money weekly but those days are now gone and sadly they all turn to scam. nowadays, the only offer you can see is from those investment methods double your money in a month which clearly a red light because its a scam after all. The only good thing about investing your money on trading is you are the one who control it and if you are lucky to choose the right coin to invest your money with, it could double your capital or more.
No one will give money for thousands of people for free. Cloud mining is pure scam and even the most legit ones used to have high fees for maintenance. And why should any organisation share their profits in the first place?
For gambling sites, investment is intended to grow the house and a part of their profits or losses are shared with investors. It is a strategy for the house to reduce its losses at the price of sharing a part of its profits with others.

I just want to add that, if the house win, it will not divided as a whole because as far as I know when I read the info about Yolodice they are getting the 50% of the total profit based on their proportion and the other 50% will be divided to the investors. So if my profit is 0.0006, it should be 0.0012 without Yolodice fee. That's what I think on why they are opening their bankroll, please correct me if I am wrong  Grin
4080  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: July 28, 2020, 03:17:21 AM
What are your thoughts on this update?  Grin

The real profit on this kind of investment is the BTC which doesn't look good at the moment but fortunately it's the BTC pump that makes your chart look good. This is really the risk of this kind of investment, high risk low reward.

Do you plan to continue this one bro?

I think it's more like low risk, low reward if you are going to see that profit in BTC, the pump and dumps are very little, It's more like BTC vc USD price in this scenario so, yes! I will still continue this  Grin

What are your thoughts on this update?  Grin
Luckily the BTCUSD price got pumped yesterday and today so the losses you have got erased because of the pump if you will base on USD value.

This past few days, the profitability of the gamblers in Yolodice went down very hard and I've seen my profit that I've been waited for around 2 months being wiped out in just a few days showing that anything can happen at any given time. This can happen to anybody too so still risk management is still the best tool.

With that, I'm thinking that your next update will have an additional decision too whether you will continue it or not Cheesy.

I will observe next month's profit and will decide if I am going to continue or not since this month is a hell month for all of Yolodice investors haha. I hope there will be a lot of losers next month LOL, haha  Grin
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