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1  Economy / Economics / Re: Do you miss buying games on Steam by paying with bitcoin? on: July 13, 2021, 05:01:09 PM
In Coins PH, they had a game section where I can buy Steam codes in their Bitcoin wallet. However, I hadn't tried buy anything on Steam directly via Bitcoin before they disabled it. Maybe it's because of the volatility whether going up or down. But they can adopt crypto payments with stablecoins if they don't like price fluctuations when buying in the Steam store.
I first heard about it in 2017; it is fascinating. I do some research about it before cause I might be able to resell it for profit due to cashback and discount. I haven't heard them disabling the promo, but as of now, they offer more variety of game credits. A verified account is still required.
2  Bitcoin / Bitcoin Discussion / Re: What is your Average Bitcoin Buying Price? on: July 13, 2021, 04:30:43 PM
I'm a small investor and usually play with my coins. 2017 was the last year that I was actively buying bitcoin; I have no idea what the technology is; I invest anywhere with no caution; I treat it like a token for an arcade game center. Now, I only earn it by offering services. I almost bought and risk money during the bull run this year, with the idea that it might peak higher. Luckily, I prioritize something else.
3  Economy / Economics / Re: What will you do in 2030? on: July 13, 2021, 04:08:05 PM
It is crazy to look further under the microscope, but I also hope that I already built my secure portfolio since I would be 30.
Hopefully, Crypto opened up more opportunities for many; It would be good to pioneer and be associated with new business/technology.
4  Economy / Economics / Re: Food prices doubled this year on: July 13, 2021, 03:21:00 PM
This happened globally due to the economic downturn caused by the pandemic. Foods also need inventories to be produced, but the supply of raw materials is also getting harder to be made due to scarcity. Now all the connections have to decide to increase their price rather than losing the money. Most of us are suffering; I hope merchants avoid overpricing and be considerate in these trying times.
5  Economy / Economics / Re: A Sudden Price Drop in The Crypto Markets on: July 13, 2021, 03:02:27 PM
Some signals are correct, so we risk investing, but we can't really predict the exact price movement; players and some situations that control or affect the market is unforeseeable. According to some traders' forecasts; the correction might stay longer for months. This is a great time to buy some coins.
6  Bitcoin / Bitcoin Discussion / Re: Why do many mainstream economists always oppose Bitcoin? on: July 13, 2021, 02:24:14 PM
Bitcoin is trying to break the system, the system they utilized to increase the size of their empire. It matters to them cause it might cause a drastic effect, and the outcome doesn't reflect on their view. Blockchain technology has more to prove; if it reached the status of being a household name, we could get more acceptance.
7  Bitcoin / Bitcoin Discussion / Re: Why people are comfortable investing in government controlled investments on: July 13, 2021, 02:02:41 PM
The government has a secure system to give you profit; economic funds circulate with them, so it's no doubt that it is reliable.
Money flows seamlessly through them, probably one of the reasons why corruption is prevailing. We have different government systems, some citizens have no control over the policies, but some can refute the unfair management. There's a wide variety of choices out there, but based on my knowledge and on my place, investing a huge amount is still preferred as it offers more benefits.
8  Economy / Economics / Re: What is better - cryptocurrency trading or investing? on: July 13, 2021, 01:10:36 PM
I have been a day trader but want to know if itís a good idea to hold bitcoin for long, whether it will be more profitable?
You're a day trader, so you probably know the difference between altcoin and bitcoin market movement; based on the market history of bitcoin, there's a huge chance that we will reach a new ATH. The problem comes when bitcoin becomes steady low in the long term. A positive outcome is possible in holding BTC, but it is better to use your time to earn more on the short-term play. You're a trader, so keep buying on the dip to secure a profit.
9  Economy / Economics / Re: Cybersecurity workers shortage in USA on: July 13, 2021, 01:01:59 PM
First of all, you're not going to be hired as a security researcher in any US or EU company without a certification, and there's at least 10 of them, each company having it's own requirements on which certification is necessary, and then the test itself is freaking expensive e.g. Security+ exam costs $340 - this is to take it not just to get the certificate. And this all contributes to people's reluctance to go down that career path because of the huge down payment needed when they haven't even secured a job yet.

And the learning material for the test is even more expensive. On Pluralsight you can pay about $200 and get access to training material for all that for a whole year, better than all the books and material bundles that go around for several hundred $$$, but you still have the issue of paying to take the test itself.
This is right. I've seen cybersecurity workers sharing their journey. It was a long process and would take a lot of time and effort.
Certification is also needed; you have to be knowledgeable about the computer networking processes and programming.
I have a huge interest in this career and took some tests to get a certification, but it's not easy. Modules are too technical, and most of the terms are not easy to identify. A computer science graduate like me can't even process the contents of the books. Professionals with experience would comprehend it easier. This career is for the professionals and skillful. It might also be the reason for the workers' scarcity.
10  Bitcoin / Bitcoin Discussion / Re: Who to Trust, Fiat Banks or BTC? on: July 13, 2021, 06:38:59 AM
Bitcoin could be the future of finance, but might not be in my lifetime. We should use what is accessible by most to say that it is credible. Compared to Bitcoin; Banks are more open and mainstream. Even though Bitcoin has a great utility potential, Banks are still stapled for livelihood benefits.
Answer to the question, there is a huge probability of encountering a problem with banks compared to Bitcoin since we solely manage it.
Bitcoin is much more reliable as long as you know how to operate.
right now there are still many people who believe in fiat compared to bitcoin because in general now fiat transactions are easier in everyday life.
people who believe in bitcoin people who know more about bitcoin and they know bitcoin can be a very valuable asset in the future.
Cant really deny on how fast and instant fiat transactions are and we've been using this since the beginning of time and been trusted by people but of course there would be some con's to it
like heavily centralized and something like that and when Btc exist then this is where people do mind about decentralization which does actually have some benefits if you are really that
mindful about being private or cant be traced up when it comes to your finances but the thing since it isnt regulated or cant be controlled then it would just really remain
as an alternative which its up to someone neither they would be dealing with both things.Its a personal choice.
We all have the same point. Even though bitcoin is getting the hype, Banks are still the choice of the most. Only time will tell when the system was changed and bitcoin becomes more dominant in the finance sector. Bitcoin is *decentralized, and it would be hard to circulate the supply for the working economy. Banks are still the staple cause they can still normally work, even though there's some negative connotation. It is still acceptable.

*my bad
11  Economy / Economics / Re: Will Bitcoin be infinite? on: July 11, 2021, 04:31:47 PM
Bitcoin might reach its peak during our lifetime and will be dead eventually. We all know that supply is limited, so it's not infinite at all.
Let's consider the influence that this technology could provide in developing a new innovative product. The name might stay known longer than its operation.
12  Economy / Economics / Re: Cryptocurrency is the biggest investment opportunity in the future on: July 11, 2021, 03:56:06 PM
I also see the spike of interested investors this year; more people adapt to this technology and experience the benefits.
We've been testing waters ever since the start; I think the potential is huge; this is the time to spread awareness and make reliable information more widespread; This could lead to more development under the crypto technology.
13  Economy / Economics / Re: Bitcoin after the pandemic on: July 11, 2021, 03:05:50 PM
people nowadays tend to use digital currency ? what is it used for? I don't find people using digital currency except for digital assets only. even though today's technological developments are growing rapidly there are still few people who know digital currency.
Digital Currency is used for a wide variety of conveniences, either to avail or to pay for something. It could also be liquidated and be invested.
I think you misunderstood cause cryptos is one kind of Digital Assets the same thing as any Digital Product used to reach people and earn a result.
Bitcoin might not be mainstream, but the cashless transaction is relevant today. I think people use Digital Currency more than before.
14  Economy / Economics / Re: The first rule of investing is saving on: July 11, 2021, 02:27:09 PM
The best way to get huge investments is to increase income streams and avoid lifestyle inflation.
If 50% of my income is enough for me, then 50% would be an investment.
The investment could be many things; it could be for yourself to level up your value.
15  Economy / Economics / Re: At least it was something great on: July 11, 2021, 02:17:13 PM
Being part of this technological era is such a blessing; most of the information is at the tip of our hands.
Bitcoin is one of the most innovative when it comes to financing cause it gives us freedom.
If ever the time comes where Bitcoin no longer exists, the influence will stay forever.
16  Bitcoin / Bitcoin Discussion / Re: Who to Trust, Fiat Banks or BTC? on: July 10, 2021, 02:30:53 PM
Bitcoin could be the future of finance, but might not be in my lifetime. We should use what is accessible by most to say that it is credible. Compared to Bitcoin; Banks are more open and mainstream. Even though Bitcoin has a great utility potential, Banks are still stapled for livelihood benefits.
Answer to the question, there is a huge probability of encountering a problem with banks compared to Bitcoin since we solely manage it.
Bitcoin is much more reliable as long as you know how to operate.
17  Bitcoin / Bitcoin Discussion / Re: Will people who ban Bitcoin in some countries give up Bitcoin? on: July 10, 2021, 01:26:49 PM
There's a quote that said that bad publicity is still publicity, the first thing that comes to my mind every time Bitcoin prohibition is all over the crypto news. We all know that bans are detrimental to the market, but they kind of spread awareness. Regarding giving up the coins, there's a possibility, especially for the newbies. HODLing is still preferred due to the negative profit of bull run investors. Bypassing is also relevant in China; there are ways they could at least make their coins work.
18  Bitcoin / Bitcoin Discussion / Re: Is someone worried about the recent decline of BTC? on: July 10, 2021, 07:59:35 AM
We are still on a bearish trend; many new investors lose half of the value of their investments, there is no doubt that most of them are worried about it. It's better to hold it than sell it for losses. Some forecasts said that the bearish market would stay until the end of the year. This is a great time to buy more for a lower price.
19  Bitcoin / Bitcoin Discussion / Re: Do you pay with Bitcoin whenever you're able to? on: July 09, 2021, 03:49:41 PM
Just being honest, most of my Bitcoins are used for paying most of my bills; online payments are available; I convert it to fiat then use it to pay. It is very convenient. I just had those times I regret when the market became bullish. I already adapted to it and didn't feel bad about it.
20  Bitcoin / Bitcoin Discussion / Re: People still don't know about Bitcoin on: July 09, 2021, 03:33:22 PM
Like some social media platforms, even up to this day, some people have no idea that it exists, considering how popular it is.
Bitcoin is relatively new on the internet; even though online marketplace and cashless transactions are favored, cryptocurrencies are not utilized. Bitcoin seems too complex when you just found out about it, resulting in a lack of acceptance.
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