It has not tahat much of a benefit. The only benefit I had due to this problem is rest since most of the companies are restricted to operate. This should be a good time to invest and trade but the market situation is becoming more of a problem. The market value of cryptos are having a hard time to recover which makes it difficult to trade. Investing on the other hand is quite crucial because I would probably use the money meant for investment, to suffice my daily needs given that there is a problem with regards to buying the essentials.

I see it more of a burden. Many people are struggling at this moment especially to those countries wherein governments are not that effective to support them at times of such. And with that being said, I cannot enjoy the 'rest' well knowing that there are people who are not comfortable with such situation. Hope it will be solved soon.

13

Maybe it is the urge of that individual to earn profit 'easily'. It is no longer the experience which makes a gambler that much hooked up in gambling, but their hopes of winning big time. Reality check, it is hard to earn money nowadays without working hard. And given that there is a tendency for an individual, perhaps a gambling addict before who have experienced winning, to earn the money one is working for a year, in an instant, that might be the main reason why a gambler would come back in such activity despite of the risk.

I don't know if there are even gambling games which could be safe because it is gambling that we are talking about, risj therefore is present, invalidating a game being safe. But I would say sportsbetting would be the closest to such criteria especially if you are into sports. You only need to choose from teams or athletes that you think would win the game and most of the time, popularity would determine which one would be the best tk invest and gamble. But still, I won't give assurance for a 'win', again, this is a gamble, there is always a chance that you would lose.
In my case, i find it hard to make a 'pattern' in dice. Winning is more uncertain in such kind of games in my opinion, and this could be classified as one of those gambling games which are pure-luck-based. Strategical games would be those of card games, I think.

Altcoin season would more likely occur when the market is back to its feet again but most of the time it is when the market price of Bitcoin is on uptrend. But it doesn't mean always, there are times wherein the market prices of altcoins are on greenmarks while Bitcoin is in red marks. It is just that, parallelism would be mostly observed during the altcoin season.
Indeed true. It is still blurry to have vision of such thing as of the moment due to the recent crash which made it more difficult for the market prices to again recover. But I believe that such thing is still possible once the socioeconomic crisis end, which could be a good start, then recovery and other things would more likely follow.
Trading is not preferred at this moment by many people. Investing on the other hand is. In my case, I do hold various altcoins but most of my holdings are in Bitcoin and I bet many people here, are also doing the same thing since the recovery of Bitcoin is more anticipated by most investors I think.

Depends on your luck, sad to say. There are instances that it would be a good idea to regain your loss but if you won't be lucky enough, the loss would be bigger obviously. So maybe, playinh it 'safe' would be a good idea. But it would depend on your 'feeling', some gamblers do trust that feeling whenever they are playing, it turns out to be a good idea to some and not to others. Bottomline is that, gamble an amount you can afford losing. This should be kept in mind especially if you are highly being affevted by the outcome whenever you gamble. Just enjoy the game and whatever the outcome is, do not have regrets, which would be hard to do if you are really expecting for a win, which could lead to frustrations.

It depends on the cryptocurrency you have invested in. There are times wherein the market prices are low but not all cryptos would be able to go along with the price increase when such thing happen, only those who are 'strong' enough would get through so you better choose the best crypto in order to make profit from buying low selling at high peaks. Also, since the recovery times cannot be predicted, there will be instances wherein profit would be dull, but patience is the only answer with regards to this.
This is the reason why holding is more advisable than investing at this moment. No one knows when will the market increase and no one knows what coins would be profitable to invest when that period come to existence. But investing is not a bad thing still. If you are that eager to take the risk and proper someday, you better choose the best investment at this moment. I would say Bitcoin is pretty a good shot to try, its price is still low, giving opportunity to investors.

The existence of risk is the "thing" that relates both trading and gambling to one another. But it seem to me that the similarity is more sided with gambling more than trading. Trading is like gambling because there is no assurance of profit because the market value is volatile and it would be hard to find a good trade, especially at this moment that the market value of cryptos are low, and no one knows when will uprise occur as well as which coin would go along with the uptrend. Gambling on the other hand is a bit like trading especially on strategical gambling games such as card game, a player would think of the best method in order to come up with the win. But as what I have said, it is risk which connects both gambling and trading to each other forming similarities.

There is this thing called "interaction" between users. Not because an individual created a topic, he would be the one to share knowledge. It is more of 'trading' knowledge because other people who would visit the topic you have started, could add or even correct the errors on your topic. They may oppose or agree with what you are talking about and in such way, gaining knowledge is happening. I have started a topic recently and it started purely due to the curiosity since I saw two sides.

https://bitcointalk.org/index.php?topic=5235077.0

Feel free to have a visit and freely discuss your side. What confuses me is if the virus has a direct relationship with the crash recently. I have decided to go with the side that such relationship exist although I still doubt that there could be other factors behind the crash. I used this as an example because in such way, I have learned about the things that confuses me, which were answered by other users.

It might really be an indirect effect to the market value of cryptos. Actually, it is still blurry for me. There are times wherein I do agree with the hearsays that it is corona virus which mainly affected the market condition at this moment. And by reading other people's opinion, there is really a possibility that the crash recently is due to panic with regards to the problem and not the virus itself. Since establishments are being forced to close at the moment, as well as works of different fields, people might panicked, resulting and making them sell their holdings jn a sudden to prioritize daily needs.

Well before, it was really giving me a hard time to go to sleep probably because of regrets and frustrations on losing. But eversince I set a limit on how much i would gamble everytime I would play, the 'anxiety' at the end of the day is not that 'huge' because the amount I lose is an amount I can afford losing, like an excess money. Also I made it a habit to always expect losing for me to just enjoy the experience from the game itself and not the desire of winning huge money or instanly becoming rich. Expectations do always alter our way of thinking. A domino effect that would affevt our mood and mental condition.

Possible but is hard to find such bounty program. What determines how high the reward is from the bounty projects, I think, is the market price of the product coin. But since the market situation is now pulling down the market value of cryptos, I think it would be hard to find one. Unlike before, way back 2017, wherein the market condition is good. It was the year when a bullrun occured. Most of the projects were profitable because most projects are succeeding that time. When the crash happened, things went to the opposite. Most of the projects are failing desoite of popularity and potentials. So maybe, the way the market behaves would also determine how huge will the profit be.
Maybe, you are referring to amount of token allocation from a bounty project. Actually, if you are not new in this industry, you would know that huge token allocation does not mean the reward will also be high, for example; what if the market value of each token is low? Numbers would be nonsense. I have experienced of such thing, I won't mention the project because this happened years ago. I receive more than 200,000 tokens, but each of the token have a price of approximately $.005 that time. I earned 'profit' but it was not as big as what I have expected to earn from it.

Nakakalungkot na pati ang trahedya ay ginagawang 'negosyo' ng mga tao, marahil ay ganoon na lamang talaga ang impluwensya ng pera sa atin. Sa panahong ganito, dapat ay nagkakaisa at nagtutulungan tayo ngunit nagagawa pa rin ng ibang tao na mangloko at manlamang sa kapuwa.

Sa mga sakunang katulad nito, at kung ikaw ay interesadong tumulong, ang simpleng pakiki-isa ay sapat na, mas mabuti rin na makipagugnayan sa mga opisyal at kawani ng gobyerno kung ninanais na magbigat ng donasyon o tulong, o kaya nama'y direktang ipamigay ang tulong sapagkat laganap rin ang korapsyon. Sang ayon ako na hindi marami ang maloloko ng ganitong klaseng iskema dahil katakataka na ang isang bagay sa panahon ngayon kung walang nakaantabay na kredibilidad, maaaring sa porma ng suporta mula sa mga kilalang personalidad, na magtutulak ng tiwala mula sa ibang tao.

It is really a problem. Not all users in this forum are participating with the sending or giving of merits but we cannot blame those who are not doing so because that is there 'right' to decide whether to give or not. If ever you won't get a merit from creating a topic, do not stop, maybe, other users think that there is an 'absence' of something that would convince to give you a merit from your post or topic created. We should all seek for improvements.

Also, there are merit giveaways sometimes, participating would be a good idea, so do not lose hope.

Bitcoin's market value dropped under $4,000  which was from a market price of  $9,000 on the same week before the crash happened. The digital currency had been trading near the $10,000 level in mid-February. The slide began later in the month alongside global markets reeling from the quickly spreading coronavirus.



At first I did not believe that there is a correlation between the market price of cryptos and the virus itself because the moment it caught the attention of the 'masses' there's nothing much of a movement in the market value of cryptos. But things have changed when the virus was classified as 'Pandemic' by World Health Organization,in March 11, as reported in CBC News. Consequently, the market price of cryptos fell in March 12



China to where this virus started, is showing signs of recovery or having a better condition compared on the previous month. As cited by 'Los Angeles times' , The number of newly diagnosed patients has dropped to around 25 a day, with no cases of community spread reported since Wednesday. As per CNN, on their article last March 19, the situations seem to be over because majority of the people have recovered, having a statistical data of 70,420 people (87%) of the cases have already recovered. While the market price started to increase a little.


Given how these two variables seem to be related, do you think the market will fully recover once the problem with regards to the emergence of Corona Virus is resolved? or there are other factors which may trigger an uprise or keep the market low-still?

 

Merit system is a proof that the quality of this forum have improved, how? I am not sure but as I have observed, topics are multiplying faster than before because users are wanting merit from other users in this forum, everytime a "subject matter" is having potential to be discussed in this forum, topics would immediately rain down, and IN MY OPINION, this makes this forum, more interactive. Also, when it comes to the moderators, they are more active on deleting and moving irrelevant topics, then properly segregating them to their 'proper' places in this forum.

Good thing you have tried to engage to this forum if you are really that interested in cryptocurrencies. To answer your questions, Merits are being sent by other people in this forum if they would like your reply, or the topic you have created, it is more of an interaction between users in this forum, like compliments perhaps, if you did something good. The best thing to do in order to improve the quality of your topic is to be on point and also, to provide credible data to your claim for example or opinion in order for other people to agree with the subject matter. Merit is a bit hard to earn, some users are not participating in a way that they are not sending merits, but we cannot blame them for doing so because that is their decision whether to give or not. If you won't be merited, do not be upset, just continue to inteact within this forum, because there are people here who are 'active' in giving merit to other users. Just enjoy the experience as you learn new things, and other things would follow.

SVD tokens, and more, I cannot name all of those coins but these are from the bounty campaigns I have finisged before. The thing why I am holding such coins is not because I want to, but it is just that I have no choice but to do so. The profit by selling some of it at this moment is not enough to encourage me because it would appear to be a waste of time. Some cannot be sold because they are not even listed on any exchangers, considering those coins as 'dead'. I have other holdings in which I am hoping to earn profit from, in the future, if ever there will be an uprise in the market value of cryptos.
There are even instances wherein Gas money is more expensive than the profit that an individual would get from selling it. Also there are instances wherein there's no market volume so what is more likely to happen is that, those coins will just be 'burried' in our wallets as a souvenir from the effort you've made to earn them.
Indeed true. Long term vision of a project should be a must. From what I have seen to those projects who are now considered to be 'dead' is that, they have stopped updates and developments with regards to their project after their campaign period, which I think also contributed to the outcome of 'dead coins'.

That is more likely to happen. I have friends who often go to casinos on normal days but since there are restrictions as of the moment, they engaged into online gambling to kill time since their works are still suspended due to the threat of the virus. I did not invite them because they are already aware of the existence of online gambling industry but they asked me of which gambling sites would be good to put themselves with.
OP might be referring to people you know, who are into casino gambling, not only to people around you including those who do not gamble. But that is true, gambling could kill time especially at this moment wherein people are restricted to go outside, and are advised to just stay at home.
Indeed true, I think existing online gambling sites before the emergence of the virus, are those who are funtioning at this moment. It would be hard for physical casinos to just engage in online gambling instantly. There would be processes the same with how other online gambling sites were introduced to people.

I think, the way corona virus is negatively affecting the economy of different countries, do reflect on the market prices of cryptos. My basis is that, when this virus arose, there's no effect to the market prices at all, but the moment it became pandemic or simply 'viral' when cases were reported to different countries, things have changed. The market prices of cryptos not only bitcoin, fell in an instant approximately 47% within few days. Many businesses, establishments were forced to stop operating because the aim is to avoid interactions with one another, making it not surprising to know that things as well as online services were also affected.