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121  Economy / Economics / Re: How is the cost of living in your country? on: April 19, 2023, 11:07:09 AM
Inflation is now a deadly disease in almost every part of the world. Every country is now affected by this disease. As a result, the cost of living has increased less and more in all countries. Especially for those countries which are dependent on other countries i.e. dependent on imports, it is having a fatal effect. Moreover, rising fuel prices and high commodity prices in in every sectors are prolonging the recession.

Unfortunately, inflation is a by-product of the social order. I will explain what I mean.
1. I do not take into account those countries where the government is either idiots or total corrupt officials. There inflation is a consequence of their "life activity"
2. I meant ordinary normal countries where there is an acceptable standard of living, and the government seeks to provide everyone with more or less comfortable conditions.
It is the social sphere or external or force majeure factors that always lead to the fact that the state begins to "print money". Otherwise, the lives of most citizens will immediately sink to the bottom. Let me clarify with an example - Pandemic Covid19. The economy "stopped", taxes fell, unemployment is huge. And the state has millions of people who have at least temporarily lost their jobs, their health ... How can we help them? Only money. Directly - by paying some kind of compensation or indirectly - through funds that distribute food, clothes, medications - manufacturers also cannot produce products for free.
At the same time, the government understands that when the economy stops, printing money = INFLATION. Yes, there is inflation without all these circumstances, but it is not so noticeable. And if you notice, talk about "unpleasant inflation" intensified precisely after the global pandemic, which brought huge economic problems to all countries.
And up until now we are still living the side effects of such pandemic. It is not that it cannot be solved, but it is just that it will take time for us to recover since it not only a single country who suffered such fate, there are also things to consider such aa businesses they need to recover. In short all of us are busy rebuilding our own economy, and it is not healthy for the economy to additionally print more money to aid the different sectors in the government. We might be happy that almost everything has resumed to where originally it is, but it's not coz during those times the people that permanently lost their jobs will try to seek new opportunities while adding the fact that the opportunities given are very limited to almost nothing.
122  Economy / Economics / Re: Economic power on: April 19, 2023, 09:50:49 AM
A nation without much economic strength is lacking behind and cannot be recognised in terms of national statistics of states of the world that are doing well it is better if we build our nations economy and not only the political area
A nation which has big economy has advantage of tourists and investors to come over to settle within and operate in there different area in life
So they must of an alternative way to raise their economic reputation to provide more opportunities to their citizens. This is what commonly happens in third world countries, that they need to rely on alliances or follow under someone's wing. Whether the economy like it or not, there are those 3rd world countries who had a rapid rise of population and in order to cater those excessive man power they must seek for opportunities outside the country, this why diplomatic relations in other countries are made and is also needed.
123  Bitcoin / Legal / Re: How to close a crypto exchange easily on: April 19, 2023, 07:42:22 AM
Quote
It is not a formal charge or lawsuit, but it can lead to one. Rest assured, Coinbase products and services continue to operate as usual - today’s news does not require any changes to our current products or services.
Smiley
This is one of the episodes of the big game. Several large exchanges have already left the US market, and Coinbase is doing well, despite warnings from the regulator. This is an American business and they have a lot of problems being solved with the help of lobbying. An important task for Coinbase to remove the Binance exchange from the US market

It could be but the US government is after Coinbase as well right, so I guess even if they are US based, the government are still going after them and could potentially sue them unless they cooperate.

Of course they can used the lobbying method, but who are amongst those congressman who are going to support Coinbase?

Either way Coinbase will have to shell out huge money if case of a lawsuit or asking someone to lobby for them.
I'd rather just give up than spend tons of money over lawsuit on non-ending pressure in which only those on the authority are the ones benefitting. Their government is doing their best to control over the regulations of crypto in their country, I just really hope some other countries won't follow this example. This is already monopoly at its finest.
124  Other / Meta / Re: Request for the moderator position in Greek board on: April 19, 2023, 06:34:29 AM
Does mitzie even has moderator status anymore?
Not quite sure. He did have the mod status in August. He may have quit, maybe some administrator can enlighten us.
Did he announced something before not being active for that long?

Maybe you guys have an urgent matter that needs to be resolved by the moderator or maybe the global moderators can handle those? I know for sure that a lot staff has already noticed this thread and some have already replied maybe it is not that urgent for you to have another mod? No offense it's just what I have noticed.
125  Other / Meta / Re: Merits Tree - Monthly Results on: April 19, 2023, 06:28:27 AM
It's nice seeing this detailed view in which you can see clearly how the merits flow. Kudos for your hardwork, I'd love to give this merit for your effort but sadly I didn't have sMerits right now. When I get one I'll definitely allocate merit here.  Cheesy
126  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: April 19, 2023, 04:42:59 AM
I wonder why casinos use this method to process large withdrawals.

in my opinion the answer is very simple: in the past and even today there are scammers who create casinos with the clear intention of cheating and robbing people, but scammers will evolve and develop sophisticated scam techniques that allow them to rob people legitimately or either the scammers creates a rule in which the person who deposits money in the casino must have 5x wager and with that even if the person is very skilled he will not be able to comply with this requirement which will make all the money that was deposited in the casino remain at the casino because

this is a very evolved form of scam, these damn scammers are always thinking of something evil, they already use TOS as a weapon, they use KYC as a weapon, that's why it's important that when people see that some casino has tough rules like this 5x wager thing, people don't use casinos with this kind of rules, even if the casino offers high bonuses, people should stay away from greed, that's the only way they don't fall for scams of this kind
The 5x wager isn't really a scam per se. I don't agree with it 1 bit, but if people read the ToS they would know what they're getting themselves into. 5x isn't exactly hard to do either, especially if the site has dice, which they do.

Now the KYC and ToS being used as a weapon I can agree with. I think if a site allows you to deposit and you win, you should be paid as long as you didn't cheat to win. I don't consider gambling from an illegal jurisdiction cheating. I think a site should enforce KYC pre deposit or they forfeit the right to use it against a player later so they can get out of paying a player their winnings.
There are even casinos who would require you to level up your VIP level in order to withdraw. This is what usually happens when player don't read the ToS, either they are too lazy or just didn't bother reading for the sake of having fun. I have been into a non-crypto casino that requires me to level up my VIP after winning quite large amount, so I didn't have a choice but to level it up by continuously wagering until I reach the required amount. Besides, in the first place it was my fault for being too excited and just directly cash-in money without even reading all the rules imposed on that site.
127  Economy / Economics / Re: Bans on crypto now looks like a joke on: April 19, 2023, 03:47:01 AM
As per your question, I would have thought that China would embrace crypto more than the US, but the reverse is the case.

However, the data at my disposal still shows that more Yankees are engaging in crypto than Chinese in terms of headcount and percentage of the population.

As of 2022 according to Coinbase, 20% of Yankees (66.38 million people) deal with crypto. While Trple-A puts the Chinese percentage to be 5.5%, which is 31.06 million people.

Regardless of the accurate figure, the fight against crypto is a lost course.
Situation can drastically change over the course of time. If you have been here around 2015 or so, China was the leading country to support the implementation of crypto and legally accepted them as means of payment, but over the past few years, the situation changed, and the tables flipped favoring US.

Last week I have also read a post here on this forum that the miner's situation there in China is like fugitives escaping the grasps of their own country, I don't know how real it is but according to the stats provided above I think this is mostly the case.
128  Economy / Economics / Re: Why do people stay poor? on: April 19, 2023, 02:18:34 AM
Poor is a part of life, don't ever dream of eliminating poverty, if there is a country then distributes $100 million to all its citizens then in a month or less there will be new poverty, this is because poverty is a law of nature to be a counterbalance so that life can run.
My view of being poor is not about how much money you have and what spending you do to spend the money you have, I think you have the view that poverty is formed by something outside of you, but in my opinion poverty is when we do not have the ability to bring in more money and it is within you not from outside.

There are also a kind of poor in which someone is having a hard time on his decision making and poor choices of his career path in life. Being poor doesn't only apply financially, since there are people contented on where they are and are happy spending their lives with only a little bit of money but has abundance of health, food and everything they need. The category of rich and poor is very vast, you can even consider physically, mentally, emotionally or even materiatistically, but one thing for me that I consider being rich is being contented.
129  Bitcoin / Development & Technical Discussion / Re: Bitcoin's system without the help of developers!!!! on: April 18, 2023, 06:51:30 AM
In my opinion it will still function, it's not like they are changing the code from the ground up constantly and they didn't have that much time to do that since it still requires manual testing. If we talk about developing the existing code then there's a possibility that they will invest their time doing that. They already have existing and running codes, all they need to do is to improve the overall system without touching and fully changing the main base. Their main concern is whether what they have updated is running smoothly once applied or not.
130  Local / Pamilihan / Re: [NEWS] GCrypto is now available to selected users on: April 18, 2023, 06:39:08 AM
Ewan kung pwede na talaga gamitin. Nakikita ko naman yung Gcrypto feature at nag-agree na din ako sa terms pero blangko na lang nakikita ko pagkatapos nun.

Nakakatawa lang din na hindi parehong category ng Gstocks ang Gcrypto. Yung isa under Grow, yung isa naman under Enjoy. Parang ginawang fun and leisure na lang ang crypto.
Baka nga bug lang yan sayo o di kaya kinoclose mo ba agad yung app kapag medyo natagalan ka sa loading? Hindi pa naman perfect yang feature na yan kaya siguro sa ibang users ay hindi pa accessible.

Having said that, sa totoo lang hindi ako masyado nasuprised sa move na ito, dahil mukhang magfofocus sila sa mga NFTs and that's the opposite of being serious [no offense sa mga mahilig dito pero personally, I hate it for various reasons]!
Pangit ng galaw nila kung ganyan ang magiging focus nila. Siguro masyado silang kampante na iaasa nalang nila sa partner nila yung tungkol sa mga accepted crypto nila habang magfofocus sila ni globe sa NFTs na huli na.
Tingin ko lang din sa bagong features nila ay hindi pa finalized dahil pansin naman natin na hindi organized ang pagkakalagay, at kung totoo man na baka magfocus sila in terms of NFT di ko lang masure kung mag click pa ito sa karamihan ng pinoy kasi natatandaan nyo pa ba yung nangyari nung kasagsagan ng NFT? andaming mga pinoy na naging biktima sa mga rug pulls. Yung sa proyekto nga nila Michael V. ay wala masyadong tumangkilik dahil bukod medyo nahuli sila sa uso, idagdag pa natin yung negatibong impression ng pinoy sa mga bagong project ng kapwa pinoy talagang magigets natin ang rason ng nakararami, pero still oobserbahan nalang muna natin dahil malay natin diba?
131  Economy / Gambling discussion / Re: Sports betting vs fantasy sports on: April 18, 2023, 06:14:07 AM
@OP
Relating fantasy sports, did you mean simulated sports, or games related gaming platforms (like CS:GO or LoL?)
Because regarding "simulated sports" I think that these are 2 completely kind of gambling type vs real sport bet. If you have enough experience, real sport bet can have a certain degree of prediction and the same could apply with online games as mentioned before.
Simulated sports are randomly without anything "predictable" unless a certain degree of uncertainty.  
If the OP means about fantasy games like DOTA2 or LOL then I guess at the very beginning of the game you will already see who has the upperhand considering both teams need to be more careful in drafting their in-game characters to play, but in most cases specially nowadays that it is quiet challenging enough to predict the outcome since there are not only one or 2 strategies you can play on a game. There is also this thing you consider like power spikes during early, mid, until late game. Unlike sports betting in which you will have to see the line-ups and first people who will play inside the court, their offensive and defensive strategies, and mostly a player's respective stats, but there are also tendencies on a team game that during in the middle of the game their plays become slow or fast paced depending on the situation. So still nothing is guaranteed on the end but everyone can still gamble on it.
132  Economy / Gambling discussion / Re: do you lose on slots? on: April 18, 2023, 05:57:37 AM
6. if you do hit a big win, consider tipping any nearby players who may have been unlucky or busting. This can help spread good karma and keep the atmosphere positive.

Usually not a common tip you can get from a typical gambler or player of slots coz sometimes you or they are too busy minding their own machines that they often forget what time is it, who's looking at you, and greedy enough to win back all their losses. I like this tip, very professional but not economical  Cheesy


7. avoid getting "slot psychosis" where you get stuck on one machine for too long. remember that slots are based on random chance and there is no guaranteed way to win.
    so, take breaks, switch machines and remember to have fun!

One of the few things I've always noticed whether they are playing online slots or physical machine is that they tend to stick on the machine even if it means they keep losing 50 or a hundred times already. I don't know but usually gamblers tend to think that if they endure the lose streak at the end they will flip the table and wait for their luck to manifest. Who knows maybe it's just their own mentality, but I cannot relate to this kind of thinking. If ever I'm playing slots to pass time (from online casino), I usually stop whenever I lose 10 times of spinning or even refresh the page, if possible. In physical casinos I usually stop midway and observe other players for a while and then come back after 30 mins or so.
133  Economy / Trading Discussion / Re: Market is seasonal on: April 18, 2023, 04:23:04 AM
The smart trader is the one who can make gains in the market cycles. No matter how negative the market is, he can make profits. It is true that those profits will be difficult and few, but he can achieve them.
Do not be sad and develop yourself on how to find ways to make profits when the market is bad and everyone believes that there is no way to generate profits and then it will be easy for you to make profits in the normal situation and when the market is high.

So, for a professional trader, the market is not seasonal
Well, I believe that his losses now will set as a foundation for him in the future of his own trading strategies along with constant learning and gaining more experience will make him a seasoned trader. To be honest, I don't really rely on such market cycles and strategies since individually you can get news on the market as long as you will spend time on the web, and I do always keep in my mind that my gains are somebody else's loss and vice versa. In addition to that, it doesn't mean my strategy is effective, it will always be effective to you or anybody and even me in the future.
134  Economy / Speculation / Re: How was your belief formed? on: April 18, 2023, 03:12:16 AM
I am often considered crazy by friends around me who invest in stocks, bonds and real estate, they always laugh at me when we discuss portfolios and investment opportunities. Maybe some of us (on this forum) also have the same fate as always being ridiculed when talking about investing in bitcoin.
Maybe they still lack knowledge about Bitcoin, and don't know how the pattern of cycles is, so they close themselves not to investing in Bitcoin, and on average they say that Bitcoin is an investment based on speculation so that fluctuations occur, but my logic rejects this because stocks and real estate can also be influenced by speculation.
The people who mocked you the most with Bitcoin will respect you again. Just need some time. In every environment there are some people who make negative comments without realizing anything. Many are violent. But keep growing your portfolio regardless of these factors. It doesn't take long time to change the equation with in moments. Take the ridicule behavior positively you get from your friends that would be your savings as well. The most valuable thing ever created on this planet is Bitcoin. We may not appreciate it yet, but there will be a time While possessing a Satoshi would not be possible for many because institutional investors will increase rapidly.

The best way is to ignore those people, just remember that everyone has a different goal, and we invest or work hard for ourselves and our family, not for those friends. We don't need to waste time explaining to anyone, instead, show them what you have achieved by investing in bitcoin. The best way to tell them is to show them your results to see who will laugh at whom. That's how I talk to people who have laughed at me in the past.
Exactly, and it is better to be surrounded with a good quality people and avoid the pessimistic and negative ones who would like to bring you down. There is no need to focus on this category and waste your time and energy on them. If you have a goal, cover your ears and work hard on it until you achieve success, at that time these haters will shut their mouths, that’s how it works. In addition to that, investing in Bitcoin is always fruitful but in long term. By the way, the current price is still low ( under $30k ), that means it is a good opportunity to purchase as much as possible and HODL until it hits ATH again. However, it is pretty difficult to predict an accurate price of Bitcoin in the near future.
If you keep throwing rocks on every dog that barked on your way, you'll just end up wasting time and in worst scenario you will get distracted and cannot focus on your path. This kind of conversation and different perspectives in terms of investment is not relatively new. You guys for sure remembered way back when they said that this kind of technology seems impossible to implement and they didn't believe at first that our technology could develop the way it is right now, and now what? some jobs are already tech related and due to the inclination of our development today relies on technology in some cases, there're speculations and worries that there will be tons of people who will lose their jobs? Some says "go with the flow" but they are not open minded enough to accept new development and would always criticize that their choice is better than anyone.

Surely, when this bear market ends, we will see another flock of people who are going to dive deep into crypto once again, and we no longer have to mind every people who badmouthed bitcoin overall since it is still standing solidly as we speak right now.
135  Other / Meta / Re: Request: New Local Board for Pakistan (Urdu) on: April 18, 2023, 02:21:39 AM
And pointing out again and again to get response from the administration. We are not criticizing but turning their face to us and asking that, they should make some criteria about new local board.
Thing is, forum staff never before shared criteria needed to get local board so I really doubt that they will suddenly start with you, telling you that you need to have xyz posts per month or certain mount of members active and even if there was some criteria, there wouldn't make any sense to share it because it would be possible to abuse it.

Personally, I don't even think that there is some exact criteria and they just do it when they think that time is right and that forum would benefit from having another local board.

I do agree that if the forum staff will tell the exact requirement, post counts, or active members criteria for the local board creation, many participants will start to abuse the system to unnecessarily make extra posts etc to meet the requirements. I guess the forum admin checks if the local thread is naturally growing and if there is a need for the local board, they will create it all of sudden.

Since some waited for years, be ready to do the same.

Well, we shall wait no matter how much time it takes to get the local board. Meanwhile not having a local board, would not demotivate us as we at least have the local thread to have all the fun, activities, and learnings  Smiley



Let's just conclude that you guys need to be patient this time. For sure a lot of admins are already aware of your application, and as what most members here said that there is no exact criteria you need to fill in order to be given their own local board or any application, it is just the same as how we too are having problems in terms of merit cycle specially in our local section, but due to our personal decision that we as members need to step-up to the plate, we decide to generate our own merit cycle.

I also agree that once there was someone who be given favor, for sure there will some others who will follow the steps and request their own applications. I hate to say this but that is mostly the case, and that is also what our staff has on the back of their minds. It is not that they are not willing to give you but they are worried about the corresponding risks if they will give the favor.
136  Economy / Games and rounds / Re: [RAFFLE] Utopia - P2P Ecosystem | Free Bitcoin Raffle Weekly 💎 Round 8 on: April 18, 2023, 01:35:50 AM
Bitcointalk Username: karmamiu
Utopia Public Key: 18A557F40CE0C9050BB20CCB32637893382F85C6881DB3B8A6547DCD13392110
BTC Address: bc1qexulsxaeumzzt4ncaynltagrduuay3tf9vm4uv
Message Deep Link (Chat link): https://utopia.im/d53b4431fd604e2f0261792444797aa4?tid=3813415240605157382
Slot No: 14
137  Other / Meta / Re: This gets me worried, I think the 'Brains' in the forum should look into it on: April 18, 2023, 01:22:33 AM
Some writers want to express themselves comprehensively. They want to write it the way it flows from their mind, which is why their post most times are long. I am also guilty of this offense. I will have to improve my expression in the English language and also consider the length of my post because I will never want to be called a bot.

expressing oneself doesn't really mean writing some bunch of words to convince the reader, there are few words which you could just post that carry heavy meaning at same times summarized all you wanted to say.
When they said of spamming, it doesn't mean writing a very short words that results to spamming, you may write a very long and lengthy words but doesn't carry meaning would still results to spamming.
There are even times in which you can just directly construct the point of your reply using short sentences only as long as your message is clear, concise and it is readable you are already good to go. I am well aware that there are several members here that has very deep choice of words or their vocabularies, and it is not fair if we consider and judge them as bots. As for me personally, the meaning of "constructive post" doesn't mean how many characters you use or words and even grammars, it is how you convey your point of view since this forum isn't created for constructive criticism alone but also to provoke discussion and spread knowledge to one another.
138  Other / Meta / Re: Can a permanently banned account recieve a PM? on: April 17, 2023, 09:04:44 AM
As far as I know they can still receive personal message, but I don't know if it's real since I haven't tried that and I'm not willing to try that hahaha. This is interesting thing to talk abour, i'm somehow curious to what the mods can say about this.
139  Local / Pilipinas / Re: Bitcoin balik 20k$ na ulet. Bear? on: April 17, 2023, 06:55:32 AM
Do you guys think na papalo yung price ng BTC around ~p2m this year? Plano ko talaga to make my first big purchase with my BTCs kaya need ko lahat ng pwedeng information about this.
Kung aabot ang presyo ng P2m, ibig sabihin nabasag nya yung resistance at the same time nakagawa siya ng bagong All Time High ng presyo. Alam naman natin na basta crypto pinag-uusapan, walang impossible. Kayang-kaya talaga abutin ang ganuong presyo.

Pero para sakin, dun sa may all time high, napakadaming mga investors na bumili sa ganuon kataas na presyo noong Nobiyembre 2021 na hindi nila naibenta, sa madaling salita "na-trap". Kapag umabot ang presyo sa halos ganuong kalaking halaga, sigurado maraming magbebentahan. Hindi natin alam kung kakayanin ba ng mga buyers yung sellers dyan.

Habang umaakyat ang presyo ng Btc, madami pang resistance ang kailangan niyang lagpasan, at hindi lahat ng resistance na kanyang mapupuntahan ay mababasag nya kaagad, yung iba ay babalik pababa. Kaya masasabi ko na matatagalan talaga na maabot ang ganun kalaking presyo.

Base naman sa TA ko sa higher time frame, bearish sya. Pero kung titingnan naman natin sa ltf, bullish na. Alam naman natin na mas masusunod yung htf. At ang possible na pupuntahan ng presyo ng market within this year is around $50k bago babagsak ulit.
Pero if you think about it gaya nga ng sabi mo na once cryptp pinag-uusapan ay walang imposible, dahil kung titingnan natin in a short span of time nag expand yung presyo nya to where it is today. Sa totoo lang din isa ako sa na trap nung nakaraang taon dahil nag buy back ako, pero di ko pinanghihinayangan yun hindi lang dahil malaki tiwala ko kay bitcoin kundi andami ng pinagdaanan ng bitcoin at hanggang ngayon nananatili parin itong nakatayo.
140  Local / Pilipinas / Re: Negative Perception sa PH Crypto Start-up project on: April 17, 2023, 03:11:03 AM
Usually iniisip ng mga kapwa pinoy natin lalo na kapag Pinoy rin ang developer ay matik peperahan lang tayo. Naalala ko tuloy before pa magsimula yung proyektong Anotoys na kinabibilangan ng sikat na komedyanteng si Michael V, ganitong ganito rin ang mga comments na nababasa ko sa kanilang social media pages. Nakakalungkot lang din isipin na parang naging ganyan na ang perception ng ibang mga kabayan natin, dahil na rin siguro sa mga nabalitaan nila or naexperience nila sa crypto.


Ps. Hindi ko pinopromote yung site na to, isa lang itong halimbawa. Search at your own risk parin mga kabayan.

Ang dami kasing mga pinoy crypto project turned scam na napromote sa social media.  Marami kasing mga scammer talaga na sanay sa mga Ponzi schemes at Pyramiding and nagsipagtalunan sa cryptocurrency para iexploit ang ipangscam sa mga tao.  Karamihan sa kanila wala naman talagang blockchain involved kung hindi data lang sa website.  Pinopromote nila as ICO then binebenta nila by package either binary system or HYIP then later on tatakbo na ang founder then rinse and repeat.  Since marami sa mga nasa social media ang wala gaanong alam sa crypto ayun nascam talaga sila ng husto at hindi lang once or twice kung hindi paulit-ulit pa.

Then nasabayan pa ng mga nft games na karamihan ay pinopromote ng mga influencers na Pinoy kaya mas lalong naging negatibo ang perception kapag PH crypto start-up ang project.
Dahil din subok ng subok ang mga pinoy kahit walang kasiguraduhan sa pinapasok nila kaya sila ay nabibiktima kadalasan ng mga scammers. Naalala ko tuloy yung issue tungkol sa mine games na phlwin, same concept parin na ginagamit ang mga influencers para ma hype ang project, eh eto namang mga kababayan natin gusto ng easy money kaya ayun sinubukan, tapos mag rereklamo kung sakaling madali sila. Usually din kasi kapag pinoy lack of financial education and awareness, kawawa lang ang mga nabibiktima.
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