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101  Economy / Trading Discussion / Re: Breaking Down Different Types of ERC20 Wallets on: February 26, 2020, 02:02:44 AM
The last time I checked, MyEtherWallet also allows you to create a paper wallet for your ERC20 tokens. Depending on how you store your paper wallets and how you print them out, they're very secure and potentially cheaper to acquire compared to a expensive hardware wallet, though you're sacrificing ease-of-use as you typically want to use a paper wallet as few times as possible and it's much easier to transact with a hardware wallet in general. Paper wallets are generally less popular than other forms of crypto storage right now for a multitude of reasons, but they're still a valid secure method of storage with the right precautions.
102  Alternate cryptocurrencies / Altcoin Discussion / Re: Has Blockchain Technology revolution is successful or not? on: February 25, 2020, 10:40:35 PM
I definitely believe that the beginning of some sort of technological evolution has started with Bitcoin and the other cryptocurrencies it's spawned, though it's much too early to say that this revolution is successful yet. Most people have heard of the word 'blockchain' before but don't actively use any services that utilize it, much less use cryptocurrencies at all. Most of the people who directly use crypto use it for trading or investment purposes at the moment, and direct uses for it are still very limited in the physical world.
103  Economy / Gambling discussion / Re: Will you borrow money as your bankroll if you trust your skills in gambling? on: February 25, 2020, 10:29:33 PM
I would personally never take borrowed money and use it on something on gambling or even trading, though especially not with gambling because the odds are mathematically against you on almost any game. You're already at a disadvantage no matter how skilled you are right off the bat, and that's not too comforting if you're trying to make money from money that's not really yours.

Getting a monetary loan of any sort's a pretty tough situation in the first place. There's a lot of ways that a loan can go wrong, and the results can even end strong friendships.
104  Economy / Gambling discussion / Re: How fair is Provably Fair? Do you verify every bet as a gambler? on: February 25, 2020, 10:24:55 PM
Great guide for those who are inexperienced with provably fair systems! I agree that they can be pretty complex to understand and it's a hassle to check every bet to see if it's legit, but someone's gotta do it in order to catch any inconsistencies in casinos as there's always a chance that they could be rigging just a select number of bets, not just with newer sites but more established ones as well. The cross-platform checking was something I wasn't aware existed, because I actually didn't know some sites shared these scripts. Is there anything major to look for that suggests two sites have the same provably fair scripts?
105  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens when everybody buys the bottom ??? on: February 25, 2020, 01:07:07 AM
'Everybody' seemingly buying or selling at any price point, not just the 'bottom', is usually pretty worrying sign, and sometimes one that a strong trend's about to end. There's really no way to know how many people are buying or selling at a particular time and when a coin's at a top or bottom while you're in the present, though. I suppose you could get an (extremely) rough idea of what people are doing in regards to trading the crypto you're looking at through Twitter, Reddit or this forum, but that's still not even close to being big enough of a sample size to be correct.

Seems like a pretty simple thing to do, but it's really not. The markets are extremely unpredictable and you'll never always be right. Patterns are broken all the time despite peoples' expectations and sometimes with peoples' expectations.
106  Economy / Gambling discussion / Re: For those who wears a signature of gamble service campaigns on: February 25, 2020, 01:01:55 AM
I don't do all of my gambling on FJ, but I do spend a notable amount of my crypto gambling on FJ. There's no stipulation in most campaigns that you are required to gamble on the site you're representing, and I bet plenty of people don't gamble at all on the sites that they're wearing campaigns for. It's your choice as to what you want to do with your compensation, and you're already doing the casino whose signature you are wearing a great job just by posting and getting the casino's name out there. It's a very fair relationship already IMO.
107  Economy / Gambling discussion / Re: Have You Started Gambling Because You Want To Be Part Of A Gambling Campaign on: February 25, 2020, 12:59:11 AM
I was gambling (though outside of crypto) before I joined any sort of signature campaign related to gambling on this forum. I can see why it'd be beneficial if you're looking to join a gambling signature campaign and many campaign managers require that their members post in this section to be eligible for payouts, but also realize that gambling's a slippery slope and not fit for everybody, and you don't need to actively gamble to have a chance of joining such campaigns. The end goal of signature campaigns is just spreading the name of an organization around after all, and plenty of people click on gambling signatures even outside of this part of the forums.
108  Economy / Gambling discussion / Re: Do you keep a spreadsheet for you wins and losses for tax purposes? on: February 24, 2020, 01:51:29 AM
I personally don't do so because I don't gamble very large amounts, and the chances of an audit are exceptionally low for most people if you're in the U.S. However, it's probably a good idea to do so and you should be reporting gambling winnings and losses for taxes to be completely safe depending on where you live, of course. I suppose if you were to make a spreadsheet for this purpose, you'd be putting down the dollar value of the Bitcoin or whatever you're gambling at that exact moment and losses at the exact moment of loss.

To be entirely safe, you could always just consult an accountant. Can't hurt.
109  Economy / Exchanges / Re: What do you guys think about Bitfinex? on: February 24, 2020, 01:47:03 AM
I don't like Bitfinex and I don't want anything to do with them, whether it's Tether or just using the exchange. There's been way too many high-profile incidents where Bitfinex user funds and the funds of other people were at risk in the past, and there's really no telling when something else is going to happen to the exchange while it's still active. The other features of the exchange and its number of pairs are pretty standard and customary if not less compared to other major exchanges that you have access to, and to be honest, they don't offer any sort of major advantage over other exchanges at the moment. I mostly agree with the rating in the blog post in the O.P, though I'd probably rate it at just 2 or 2.5 stars; Bitfinex is very average, and its reputation only drags it down.
110  Alternate cryptocurrencies / Altcoin Discussion / Re: US SEC: Initial Exchange Offerings (IEOs) – Investor Alert on: February 20, 2020, 09:57:36 PM
Several of my friends that actively trade cryptocurrencies in the United States still invest in IEOs despite some of the risks associated with this that are addressed pretty well in this SEC alert. There's still plenty of interest in cryptocurrencies as a whole in the U.S despite the tightening regulations that exchanges, traders and investers have to deal with, and even though I support cryptocurrencies and crypto fundraisers like IEOs and ICOs despite the fact that many of them do not succeed, this alert seems pretty fair. A lot of people don't do much investigating and/or research into IEOs and ICOs and crypto investments as a whole, and these alerts can open the eyes of such people, though I imagine they also do turn some people away from investing in crypto.

Thanks for confirming my belief that US citizens are wiling to take the risks associated with IEO/ICO. I always thought that they do, despite the fact that SEC is pretty much tight on them. Perhaps it is one reason that Binance put their US version because they know that US is a big market for everything related dto crypto. I guess non US citizens really needs to be aware that investing on them is really a risk.

No problem! I absolutely agree that Binance likely knows the US market's a good region for potential growth, because even though there are already established exchanges like Coinbase that exist primarily to serve the American markets, the variety of exchanges that Americans have is still pretty limited compared to other regions exactly because of strict regulations. Binance US also doesn't have nearly as many pairs as the main Binance site has, but it's still better than on some existing exchanges.

I also strongly agree that this alert applies to even Non-U.S citizens; the information's relevant to almost anyone looking to invest in IEOs and ICOs in general, and I'll definitely be linking the alert you posted here to people who ask me more about crypto investing and some of the risks associated with it, since I find a lot of people tend to underestimate it greatly.
111  Economy / Gambling discussion / Re: Is gambling a threat or fun? on: February 20, 2020, 09:53:09 PM
I mostly agree with what's been said here about gambling not being much of a threat if you manage it well, but the problem arises when people might become addicted without realizing it until the consequences of their actions start to become obvious. Seeking help can also be a very difficult task for those who are addicted to gambling, because just like with drugs, it can be hard to stop. Overall, I'd say that as long as you're gambling with the expectation that you won't be consistently making money through gambling and losses are expected as well as normal, thus you should only be gambling money you can afford to lose, then that minimizes the chances that you start the path of gambling addiction.
112  Alternate cryptocurrencies / Altcoin Discussion / Re: I have some funds to invest-- How do I make a good decision? on: February 20, 2020, 02:24:30 AM
Assuming you're very new to cryptocurrencies, I would recommend investing a little money into the larger cryptocurrencies like Ethereum and Bitcoin and then diversifying into smaller ones later once you gain more experience. There's a ton of factors you can look for when deciding what crypto to invest in, but for the smaller ones some of the things to think about might be the size of the intended target audience and the viability of the project itself. Many newer projects tend to lack in either of these two and end up failing, but it's also good to realize that there's plenty of scams out there too. You'll learn to find likely scams with experience, as most of them tend to not be very elaborately laid out.
113  Economy / Trading Discussion / Re: What tools are not enough for you to interact with cryptocurrency? on: February 20, 2020, 12:41:28 AM
A tool that's able to compile detailed information on your trades through an API key that can display your overall trading stats and specifics in a chart would be interesting. I used to use a site that did this for Bitmex, and even though it might not be something that you can directly trade with, visual representations of data are much better than simply seeing text, and this combined with a way to take notes like what the member above me noted could be a nice tool to improve your trading skills and identify potential weaknesses.

Some sort of built-in site widget that allows you to quickly scan through other peoples' analysis on TradingView could be interesting as well. I don't browse TradingView's TA community often, but being able to quickly browse and open TA in another window would be convenient.
114  Alternate cryptocurrencies / Altcoin Discussion / Re: US SEC: Initial Exchange Offerings (IEOs) – Investor Alert on: February 20, 2020, 12:33:25 AM
Several of my friends that actively trade cryptocurrencies in the United States still invest in IEOs despite some of the risks associated with this that are addressed pretty well in this SEC alert. There's still plenty of interest in cryptocurrencies as a whole in the U.S despite the tightening regulations that exchanges, traders and investers have to deal with, and even though I support cryptocurrencies and crypto fundraisers like IEOs and ICOs despite the fact that many of them do not succeed, this alert seems pretty fair. A lot of people don't do much investigating and/or research into IEOs and ICOs and crypto investments as a whole, and these alerts can open the eyes of such people, though I imagine they also do turn some people away from investing in crypto.
115  Economy / Gambling discussion / Re: What will be the Faith of Casino business owners? on: February 20, 2020, 12:20:52 AM

You can stop those people who are really fan on trying out new casinos, they might be aware of the risk but it isnt bad to test out because you cant tell sites legitimacy if you wont try
and some of people wont really mind that much.On my case i do let others test out and hear up for some feedbacks before trying to play into that place.Of course having a license to operate does
really matter but imho most of sites now  doesnt have that thing but somewhat they are still being trusted by the community.

There's nothing wrong with testing a site, especially if you're just using a small amount of funds initially, but there's still no telling when a new site that you've found might just run with your fund. The same does apply to an extent with even larger online casinos, but having some sort of track record is much more reassuring than a site with little or no history and/or feedback. It also doesn't help that almost all of the casinos out there offer the same games besides maybe slightly different bonuses and house edges, which is why I mostly stick to the same few major casinos while gaming unless a radically different game is released.
116  Alternate cryptocurrencies / Altcoin Discussion / Re: BLAME THE INVESTOR FOR LOOSING NOT THE CRYPTO ECOSYSTEM on: February 20, 2020, 12:12:28 AM
The problem is that a lot of peoples' first experiences with cryptocurrencies as a whole comes from advertisements of exceptionally high returns in a short period, which is possible but rare, and thus a lot of people with little experience with the internet let alone crypto start investing with very limited knowledge into projects that simply heavily advertise themselves with no real backing product or service. I agree that besides helping newbies to crypto here and elsewhere as much as possible, we're probably not capable of inciting much major change to how people look at crypto investing. Most of these people do end up getting burned and learn an important lesson or seek for help, though, and I find very few people keep doing the same thing expecting a different result.
117  Alternate cryptocurrencies / Altcoin Discussion / Re: Check Liquidity Before you invest on: February 19, 2020, 11:10:34 PM
Also consider the number of different exchanges with active trading pairs for the altcoins that you're looking to invest in. There's always the potential of price manipulation and/or a misrepresented price if the coin you want to invest in is only actively traded on one or two exchanges, and those exchanges might also have policies in place that push the price of the altcoin to where it is, such as the trading fees or the withdrawal fees on the exchange.

Exchanges go offline through hacks or even a simple exit scam very often too, not to mention some exchanges simply lose popularity and thus trading volume over time as well. You should also always remember to keep as much of your funds as possible off-exchange for security purposes.
118  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins with so many pages in one thread on: February 19, 2020, 11:06:46 PM
Although I might consider the activity of an altcoin thread while I pick alts to invest in, I never use it as a large part of my decisionmaking process because many projects actively pay and/or encourage people to post in their thread(s) to keep things active, and the quality of posts also varies from thread to thread, though for the most part this doesn't vary much.

I don't think activity's a particularly valid or invalid way of determining whether or not to invest in alts, if you do choose it in your decisionmaking, make sure you're also looking at other aspects of the project you are interested in.
119  Economy / Trading Discussion / Re: Binance- deposit & future wallet transfer issue. on: February 19, 2020, 10:57:33 PM
Besides hoping that your position isn't going to be liquidated soon, there isn't much you can do considering Binance's system maintenance is going on. It might suck to cut losses, but it's better to take something away rather than nothing, and closing out your position(s) before liquidation is always a good idea, even if your stop is just a few points away. Most exchanges charge some sort of fee on liquidation.

Unfortunately, I doubt they'll be able to do much to expedite your deposit or help you out with your position in this instance. It's still definitely worth a shot though. I highly doubt Binance is intentionally doing this to liquidate their users' positions. Much larger traders also use Binance, and your position is likely just a drop of water in the ocean.
120  Economy / Gambling discussion / Re: Assess your gambling addiction level. on: February 19, 2020, 10:52:30 PM
It usually becomes very apparent even without any sort of 'level' system that you're addicted to gambling if you just take a minute to think about yourself and the past few months of gambling, and the amount of money you've spent on gambling and the effects that has had on your life. If gambling's affecting your life in any negative way, that's already reason enough to consider stopping or finding professional help as the OP said. A lot of people don't fit cleanly in any of these levels or might even be seeing some of the negative sides of gambling being below the first level of this scale.

It also depends how you look at gambling and to what level you consider it to be significantly affecting your life. I'd probably take a step back and reconsider gambling if I start excessively thinking about gambling during work or in my free time, even despite it being in the first level of this scale.
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