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1141  Economy / Economics / Re: Russia's Cryptocurrency Law - Initiation on: February 22, 2020, 11:41:21 AM
When nations or basically governments do not know what to do, this is basically what they do in order to cover the difference and keep people waiting. They create something that will hold people off for a while and in return they will use that time period to advance their laws and find a better way.

You cannot just become a fully legal crypto country overnight, you have to have serious amount of discussions and talks and research etc etc that will take months even years to finally do something which means every government needs some sort of "placeholder" for their nation in order to keep going if they do not want to leave it at a gray area.

You will see, this is a temporary thing in Russia and in at most 2 years we will see something a lot more detailed in place instead of this.

Many countries are still not sure how to move forward with cryptocurrencies. They are aware cryptocurrencies have become reality, a part of our societies and part of technological developement.
On the other side they are also aware of possible negative effects, misuse and therefore regulation is necessary. But which direction to take it's not always clear. This also requests engagement of all relevant stakeholders in all society and that definetely isn't an easy process.
1142  Bitcoin / Bitcoin Discussion / Re: Crypto whales hacked, lost $15M BTC and $30M BCH on: February 22, 2020, 08:38:09 AM
If it's true, then it's a concerning news.
Hackers attacks happen all the time, we know that, however this is a huge amount of Bitcoin and consequences could be larger.
This cass also shows that people don't care enough about security and awarness about security meassures is too low. To keep such amount of coins at just one place is really reckless decision.
1143  Economy / Economics / Re: GOLD and BITCOIN: What is their similarities? on: February 21, 2020, 10:52:33 PM
More gold or more Bitcoin makes you richer! One is a precious metal other is a digital asset. People are comparing Bitcoin and gold for years, but what we have from that? They are different, different production, supply, transactions. What you can do with Bitcoin you can't do with gold and vice versa, you can't do with Bitcoin what you can do with gold. I mean that's obvious, why we still talk about this?

If you ask me Bitcoin and gold have no similarities. Yes, they are bith valuable and yes, they can.improve your financies.
But they are essentialy different, Bitcoin is digital currency and gold is precious metal. They are functioning different in the market, their value is defined different and they have totaly different position in formal financial and economy system. So, what is the point in comparing them, that will lead you nowhere.
1144  Economy / Gambling / Re: lightning-roulette.com on: February 21, 2020, 09:17:32 PM
took me a bit to find that there was no deposit button, that you had to try to play the game with no money in your account before it gave you an invoice to load more. You might want to change that.
One of the great benefits of the Lightning Network is the transaction speed: there's no need to deposit first, as it only takes a few seconds to deposit.

Yeah, I know lightning is just about instant. And it's quick to deposit and play, not debating that point.

But I just felt it was not intuitive.
Just my view....I have no BTC in my account so I am not going to hit the spin button. Usually if you try that it just pops up an error that you need to deposit not with a way to deposit.

-Dave





That is a good and the bad thing at the moment. We all like fast transactions and no need to deposit much in.advance but thus you can easily lose control so.you might put into game more than you've actually planned.
So I still prefere more traditional ways but everyone chooses for himself.
1145  Economy / Trading Discussion / Re: I fail in trading on: February 21, 2020, 07:24:48 PM
Over the last period, when the cryptocurrency market showed a very good upward trend in coin prices, I made a good profit due to my investments not only in the highest rated cryptocurrencies, but also at other times, whose value also changed for the better.  The fact is that I only study daily cryptocurrency trading, but so far, trading brings me a small income, compared to investments.  I have an understanding of the basic Azov for each trader, but apparently there is still very little experience to talk about good results.

That is exactly the feature of good trader, to use every opportunity to make the profit, not to just wait some perfect moment that will never come. Also, it's important to make decision fast and react accordingly.
For that is crucial to be present in the market and to watch it closely.
But many traders don't have enough patience and they don't survive on the market long enough to get experience and knowledge they need. Also, they don't know how to face the loss that comes sooner or later, don't have the back up options and very soon they have the feeling they failed and give up. It's happens quite often.
1146  Economy / Speculation / Re: Bitcoin Halving 2020 prediction! on: February 21, 2020, 02:52:52 PM
As halving approaches I guess we'll have a flood of different predictions and possible disinformations too.
To be honest I don't want to know much about predictions, that only makes confusion.and very often leads users to make wrong or too risky decisions.
I don't expect much from halving. There is a possibility to have some positive effect on price, however I don't expect some huge and long term growth.
1147  Economy / Economics / Re: Corona Virus is a Fake Flag to destroy China! on: February 21, 2020, 10:35:23 AM
This fits into another conspiracy theories. I've heard similar before, that this medical crisis is created by USA to destroy China, also that is created by milijarde and some even go that far they say corona virus is made with intention to destroy Bitcoin, which makes no sense to me.
Usualy I don't bother because of different conspiracy theories and I wouldn't speculate if this was created by purpose or not.
1148  Economy / Economics / Re: Can Blockchain Replace Banks? on: February 20, 2020, 06:33:37 PM
I think we have misunderstanding here. Blockchain is technology and banks are financial institutions, that is not the same.
Blockchain can be implemented in almost any industry and business so the banks can also implement blockchain in their field and as far as I know some of them are exploring the opportunities that gives blockchain for their business. With time I'm sure that many banks will use blockchain and that will definetely contribute to transparency of their business but blockchain will not replace banks, that is different category.
1149  Economy / Gambling / Re: Here are some great promotions for all of you! on: February 20, 2020, 03:04:04 PM
If there is any casino in particular that you are looking to receive promotions for, let us know in this thread and we will reach out to the casino and make it happen!

Are you saying that you guys are the ones pushing those promotions on those casinos on your list?

The casinos on those lists surely have the promotions even you guys will not request for it.

And again, some of the sites listed there are fairly new to my vocabulary and don't have an active community here in the forum.

This offer doesn't look very convincing too me. Maybe they think people will beleive them they can influence casinos to offer special promotions just for them or individualy tailored but I guess they would ask some kind of compensation for that. They definetely expect to get some gain, they are not doing it for free, and they will probably do anything to convince.people that without them they wouldn't be able to get those promotions.
1150  Economy / Speculation / Re: Has anyone tried leveraging hodl positions with bank loans? on: February 20, 2020, 01:34:46 PM
I don't understand what exactly are you trying to say.Can you provide some example?
I wouldn't use a bank loan for leverage trading,because I don't have any collateral to cover that loan.I don't have any valuable real estate to use as a mortgage and I don't have people to guarantee the loan(if it's a consumer loan). The current Bitcoin price isn't that bullish and we might witness some price crash or correction during the next months,so I don't recommend using debt in crypto trading.

I guess he warner to say that takes bank loans to ensure funds for trading.
I don't know where such idea came from but it definetely isn't good. Especialy in the current moment when price is fluctuating and we have corrections.
Even if you diversify your investment portfolio like is suggested there is no guarantee that you will not suffer loss and at the end find yourself in a situation that you have a bank debt.you can't cover or you can cover but with big loss. Very bad idea, don't take loans of any kind for trading, always invest funds that you don't need.
1151  Bitcoin / Bitcoin Discussion / Re: Bitcoin is getting more adopted in my Country on: February 20, 2020, 10:14:32 AM
Here in India, we are waiting for courts judgement against RBI's banking ban, hopefully it comes positive and will pave a way for adoption!

Hopefully you'll get a good news.
But in general I think that in general policies and attitude towards Bitcoin and cryptocurrencies in whole are getting more flexible. Governments are their authorities have soften their view towards Bitcoin, especially those in western hemisphere and I hope that many countries would follow such example.
Bitcoin and cryptocurrencies in general can't be avoided anymore, the question is only how they will be integrated.
1152  Economy / Trading Discussion / Re: Minimizing the risk- How much possible it is? on: February 19, 2020, 10:44:13 PM
There is no way to avoid risk completely but you need to know how much risk is acceptable for you. By making due.dilligence and with learning, collecting as much information as you can and by diversifying your portfolio you can minimize the risk. But we always prepared to losses.
Avoiding risk in trading is impossible due to unsteady value of coins but it can be manage by making undertand all thing about it have strategy ang manually checking of market. Decision making is also helpful to trader because they need to learn when its better to  hold or to trade it especially when the market is dump and dump.

Yes, decision making is another very important capability that some traders don't have. Especialy making decision under pressure and not to turn to panic and making decision fast and deficit. But that is also something that could be learned with time and comes with experience. So someone who doesn't know the market and how it's functioning and how to see a broader picture, who hasn't experienced loss usually doesn't know how to make right decision.
1153  Economy / Speculation / Re: Bitcoin price may hit 27k all time high by summer predicts tom lee on: February 19, 2020, 09:09:20 PM
In the past we never saw the price skyrocketing right after the halvening like Tom Lee suggests here, it usually was taking quite some time, like a year or a year and a half. Even if this time it will be faster, it still unlikely to be that fast - maybe the market will be growing that fast by the end of this year, no in the middle of it.

Exactly, instant price rise would represent kind of exception. But I don't think that is going to happen any way, at least I don't believe that price will jump so high all the way to 27000$.
If the price rise happens to my opinion it will not come instant and it will not be so high. Probaby more moderate and rather on short term than long term.
1154  Economy / Speculation / Re: One satoshi for $1 dollar will occur someday on: February 19, 2020, 05:53:26 PM
I don't think that we would ever see it happens.
I couldn't imagine who would still use it that time how much would it cost to do a transaction.

Of course we will not see that happening. People just have unrealistic dreams and desires. Some still believe that Bitcoin was created with just one purpose and that is to make them rich sooner or later, that is why they imagine such exaggerated values.
It's much better to live in reality and think how to act now and how to use current situation in.the market for the best gain. It's an illusion to imagine that we will all become millionares one day.
1155  Economy / Gambling / Re: Buy sport predictions with a 85% win rate! Tennis & Football on: February 19, 2020, 03:51:40 PM
Checked out your packages and they don't seem very attractive in my opinion. 85% win rate over the long term in sports betting is insane in my opinion which is why your contact would have to prove that he is legit by showing proof of all 8K bets.

Also, it would be much better if he provided several free bets(Minimum 1.5 odds or higher) to prove that his skills are legit which would tempt gamblers to sign up for the packages. Just a couple of suggestions from my side.

Don't say that you actually believed this advertisment. 85% win rate is crazy and although this number attracts player they will soon realize that is not going to happen. This is not going to make you rich so don't waist your time and money. I don't think that someone can actually prove such win rate.
1156  Economy / Economics / Re: Is Bitcoin good for the economy? on: February 19, 2020, 12:16:55 PM
This is hard to answer because Bitcoin isn't formaly part of any economy system in any country.
It's not regulated as such, it's not formaly used by businesses and industry so it's hard to estimate what is the actual effect on economy.
I can say that it can help on an individual level because persons who are involved in Bitcoin trading or any other Bitcoin business can definetely benefit from it.
1157  Economy / Speculation / Re: Need to be more cautious than ever on: February 18, 2020, 09:44:46 PM
Guys, It's time we need to be more cautious and avoid panic sell or massive buy we might see more of these market fluctuations which might be tempting as well as bothering. Please consider a broader picture before making any decision and consult with fellow peers rather than falling for a bull trap or panic sell, lets learn from our mistakes we made in the past.

Fluctuations are quite normal, I think that everyone has learned that so far. Buz I guess there are always some who fall under influence and make reckless decisions. Panic selling happens every time when price starts falling and despite all information about volatility, market and how whole crypto system is functioning but some will never learn or they just can't control their emotions and make decisions with cool head.
1158  Bitcoin / Bitcoin Discussion / Re: Bulgaria's government is top countries of the world for owning the most bitcoin on: February 18, 2020, 06:46:01 PM
Are you certain that this isn't just another fake news? That doesn't sound very convincing to me, inthat fact I'm sure it's disinformation.
Not just for Bulgaria, I don't think that any government is accumulating Bitcoin.
Yes, governments are interested in cryptocurrencies and want to know how they could be maybe integrated into state system but they are not buying it, not with funds from state budget. So, don't believe to.everything you read or hear somwhere.
1159  Economy / Gambling / Re: Issues with sportsbet on: February 18, 2020, 04:54:04 PM
I don't bet on Sportsbet which is why I cannot comment on your experience, but I don't think you will solve your problem by creating a separate thread in the gambling section and writing a wall of text.

You should have tried resolving this problem through their thread itself which would have been more appropriate. If your problem went unsolved, you could have created a scam accusation against them.

Also, why exactly did you continue gambling on their site with such big amounts if you were aware of this problem? You could have pulled out and saved yourself a ton of stress and money by switching to another site.

In general O don't know why people think they will solve their issues and problems here on.forum.
First they should always address to the source of problem and try with all available mechanisms. On.forum you might get some advice and experiences but not the solution too and that is not the right way how to solve it.
And sometimes there isn't a.real problem but with such methods people try to get what are they not entitled to.
1160  Economy / Trading Discussion / Re: What tools are not enough for you to interact with cryptocurrency? on: February 18, 2020, 03:27:38 PM
I completely support new technologies and advantages they give us but sometimes I think that people have become so lazy that they want that different tools and machines do all the work instead of them.
When it come to areas like crypto trading I don't trust tools enough because I don't think they can replace humans in decision making and risk assement.
I'm not against their use but only as a support tool, not something that I would completely rely on.
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