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1221  Bitcoin / Bitcoin Discussion / Re: Strengthening Property Rights of Bitcoin on: July 24, 2020, 08:56:28 AM
Of course for you to be under the protection of the government you will need to be registered with a centralized exchange and that would require you to go through KYC. Cryptocurrency is gradually changing from what it was originally meant to be, and it’s up to us as to whether we are ready to go with those changes or stick to what it used to be before now.

There are some people who are using cryptocurrency and they don’t want to be giving out their information, they prefer to be having the privacy, these are the people that won’t be interested in these kind of things. They will rather make use of decentralized exchanges, and put the risk securing their assets on themselves.
1222  Alternate cryptocurrencies / Altcoin Discussion / Re: Never invest in any cryptocurrencies! on: July 24, 2020, 08:20:58 AM
in traditional money we can also earn by trading our national money thru forex exchanges but the movement of their prices is pretty stable unlike in crypto we can witness a huge increase, that is the opportunity everyone is waiting, you are correct it is not a get rich quick scheme it will not happen in just 1 day it needs time and patience.
Patience is literally the key to everything. Be it the crypto market, stock market or any other business in general, the heights can only be reached by being patient and up to date with information regarding the same. Crypto currency shouldn’t really be treated as digital money, it is more like an asset which can be used for transactions in various forms, invested in and traded. Crypto market is highly volatile which means you can either win big or lose big so tread carefully.

We are promoting crypto as investment rather than its ease of usage. If we discuss how convenient crypto is rather than discussing it as store of value, it may possible that the adoption would increase.
Cryptos currencies must be promoted as technology that can ease up people’s life rather than as an investment scheme. Investing in the same would than depend on the people. If they like the concept, they can invest capital in it. Most of the people out there are into making money and that’s perfectly normal.

But, it’s the duty of every crypto enthusiast to make them understand and learn the underlying technology in the projects or coins they are about to invest in.
1223  Alternate cryptocurrencies / Altcoin Discussion / Re: What the heck is happening to new projects? on: July 23, 2020, 08:32:17 PM
Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?
This has been happening from the very start. You got to be smart in choosing a good bounty campaign project. The number of good campaigns are very few as compared to the fraud and scandalous ones. Also, the ongoing covid-19 situation has dropped the economy of many countries, so it has limited the number of projects that are being launched at the moment.

Many projects are at halt and are waiting for the market to settle down and for the right now. Also, I don’t think its right to defame a project if it doesn’t meet your expectations. A project you call crap today can be a huge deal in few days so never underestimate something. Although I agree with your point that everyone should do their own research before investing their time and money in anything.
1224  Economy / Speculation / Re: Living with parents again could fuel the next Bitcoin bull run. on: July 23, 2020, 07:43:58 PM
The first thing, some countries' people will never think about saving and even they are putting some of their saving into bitcoins, unfortunately they never think about long-term holding. They just work on short-term momentary benefits. Believe or not, such country people are having more literature and well aware of bitcoin and its potential.
There are two types of economy world wide: saving economy and spending economy. Mr. Satoshi it seems they are from "saving economy" based traditions. If bitcoin market has been dominated by real holders and true believer of bitcoins then we probably might have got bitcoins with massive value already. But, unfortunately this space is dominated by traders; they just need some profits today and no bother about tomorrow. So, I agree with you that major portion of bitcoin adopter are from spending economy based traditions.

the gov is printing and fear of that savings being erroded is high. Panic buying incoming
But, you need to consider about the people who lose jobs by this time and slow down of economy of most countries. I mean some people are able to save more money after covid19 outbreak whereas some other people are not getting their regular salary like how they were getting before covid19. Still, I agree with you that panic buying is going to happen on this space as there will be more people having excess money on hand.
1225  Economy / Speculation / Re: Is Bitcoin Looking Bullish now? on: July 23, 2020, 06:08:11 PM
As of now, bitcoin is trading around $9600~ which must be an enough thing to confirm that bitcoin is looking bullish right now. I believe as the news on covid19 vaccine gets intensifying, it seems investors are getting back their confident about good economy conditions everywhere, so we are having bitcoin is trading above $9500 levels which was seeming too hard target some two weeks back. I guess this is time for FOMO to be coming into action.

I guess only FOMO influenced market condition alone seeming like bullish trend for some people's eye but they are wrong in my opinion. Because, bitcoin is into bullish trend since June of 2019. Yes, it is slowly recovering from the bottom after the ATH. Unfortunately it tested the bottom again due to covid19 outbreak. So, bitcoin is already into bullish trend for more than a year but it has not manged to trade near ATH.
1226  Economy / Speculation / Re: Guys avoid panic sell... on: July 23, 2020, 05:32:29 PM
What I do not understand is the fact that in every investment guide book you see that during the worst of the moments the prices go down so you buy stuff cheaper. This is not just crypto, it works in stock markets, it works in gold, it works in basically anything that is an investment, buy a house during the worst moments of pandemic and you will get it 30% cheaper for sure and you can haggle even further down because people would be afraid and market would be horrible.

So, I would say that people should have been smart during the pandemic and all buy instead of sell, because investments will get back, what is it to bitcoin if there is a pandemic? Bitcoin is still bitcoin and nothing changed for it, look at other nations they are printing money and losing value in fiat while bitcoin is still strong. It should have gone up during that period instead of going down.
1227  Economy / Gambling / Re: 🚀 WINZ.IO 🚀 GET FS TO TEST 🎁 UP TO 6 BTC BONUSES 🥇🥈🥉 €1000 SLOTS BATTLE on: July 23, 2020, 04:49:38 PM
The thing about continue to play is the fact that you should not stop, but you should not continue neither and not many people realize that part of the gambling business. If you stop all together and not gamble, sure you would be ahead but are you going to never gamble ever in your life? That is not possible at all or even if it is possible that means you are out totally and you are not part of the gambling world, which is a solution if you want that but I would rather continue gambling.

However if you stay and continue to gamble the way you have that means you might even get not only your profits but your deposit lost as well. So, should you do? You should put the profits in a vault, or just back to your wallet, that way you took out the profits and gamble with the deposit once again.
1228  Economy / Gambling / Re: Stake 3 Out Now!!! 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: July 23, 2020, 04:08:18 PM
I have always suspected they do believe they have good "giveaways/competitions/promotions" but in the end we all know that is not even remotely close. Sure they do have probably the most frequent and high paying "race" or basically known as competition in place, and I do not think anyone but stake can do it this frequently for this high amount.

However that doesn't mean that they have great giveaways as well, I haven't seen a single one in recent memory that made me want to register to their forum, like think about it, they are so low that I would rather not even go register somewhere which would take like 1 minute at max.

I am sorry stake, there is some things you are awesome at and why we are here (such as being the best casino there is) but some things you are not as good as you think you are and probably 10% of what you think you are, do not worry, we still love you this way because it is the most trustworthy and awesome casino in the crypto world, we do not request anything more.
1229  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 23, 2020, 03:38:19 PM


Here is is lads!

Take this multi all the way to the bank!

Congratulations to the Liverpool supporters here.. a massive well done!

regards,

Steve.
Sportsbet.io
LiverpoolAreChamps.io
Glad to see another Steve Multi Magic opportunity! Of course, I've seen them before, but this is the first time I'm taking part and placing the bet. The potential win is very attractive, and I'm sure Steve knows what he's doing. So good luck to the teams, to Steve and to all of those who are betting on the win! The teams in the multi all have good chances of winning in their own games, but, naturally, a combo is not very likely. Let's hope it happens!
The boosted 12.00 looks amazing from 9.44 to 12 is a HUUGE jump if you ask me and totally worths it. Obviously it is a very tough bet to make because even at the low version it is 1 to 9.44 chance to hit that, which shows you how hard it is. Think about it in dice terms and that makes people easier to understand, if you roll a dice with 9.44x chance to hit, how often do you plan on hitting that? Roughly once every 10 times right? Well this is about the same but in sports games instead.

I would still bet because there is a bigger boost that would make things a lot more fun and the house edge looks non-existent (and even maybe helping the customers in this case) so I would take advantage of this bet, but only because there is a boost that makes it a lot more valuable to bet over the original version.
1230  Economy / Economics / Re: Can we agree BTC is not a store of value? on: July 23, 2020, 03:08:14 PM
Nothing in the world is reliable, just as BTC is not reliable.
It can't be called a store of value because it rotates. It's value sometimes upswings and sometimes lowerings. It can't be said that the BTC store could be very worthwhile in the future. Because it is skeptical.
People can think whatever they want but I will still use it as a currency and not any value. People think that they could put in 10 thousand dollars into bitcoin and get roughly 1 bitcoin and change, they could keep it there, if inflation happens their bitcoin will go up and in theory they will not lose any money, sure they are "earning" some but at the same time life gets more expensive so they are keeping their "value" which is the idea of store of value.

I do not see bitcoin like that, I see it as a thing that you can spend and earn, just like dollars, just like euros, I see bitcoin as a currency. I will work, earn some, I will then go out and spend it, that is what bitcoin is for me. So to speak, I agree that it is not a store of value, not because it can't be but because I do not use it that way at all.
1231  Economy / Economics / Re: Interesting perspective of Investors on: July 23, 2020, 02:29:06 PM
Even if the price is going to climb over 10k people will continue to hodl.
This happens because the ATH was nearly 20k so they might be waiting to reach it again in the near future. For a small minority 20k is always a level that it is not satisfying to sell.
That 20,000 still is among people's mind and while it is always a bad thing to chase a particular price for an asset it is good that at least having that number makes you hold for even longer. It's almost like when we gamble and suppose we started from 0.02 BTC and stand at 0.01 then we would never feel the same happiness going to 0.015 than it is to get back up to 0.02 again.

the purpose of them still holding bitcoin to sell is of course about an ATH because whatever the price of bitcoin as long as there is still a lot of support and high market activity then I think bitcoin holders will still be there.
Yeah but being very honest I think till they die as mentioned in OP might be exaggeration because when a dump happens a lot of guys who are right now saying they won't sell off are actually the ones who sell the coins immediately.
1232  Economy / Gambling discussion / Re: Are there any successful and relatively new casinos? on: July 22, 2020, 10:23:56 PM
All of sudden, I could recall stake as it is relatively a new casino and due to its background (sister concern of primedice) could be assessed as highly successful compared to most other crypto gambling houses. I'm not sure all dicing site are in consideration here because in my understanding they are not casino but offering one or few gambling types whereas a casino is known for bunch of gambling services.

That way, I can list wolf.bet and windice are new crypto gambling houses with decent success in recent past. There were few other new gambling houses tried campaign but not continuing which might mean they are not complete successful with their business model.
1233  Economy / Gambling discussion / Re: Record Revenue for Blockchain Gaming Company During Pandemic on: July 22, 2020, 09:17:39 PM
During the lockdown as there is no other way to gamble or bet so online had to picked up the momentum and it has happened that way.

Yes that has contributed in general but I believe the crypto casino industry was always going to bloom soon because the provably fair system only exists in these casinos and almost all the games can be verified which earlier players had to trust the casinos, I mean I gambled a lot on bet365 and there games are cool but I always felt like some slots were rigged. Not accusing them just my own feelings.

More so ever there would be huge amount of increase in the teenage category too who would have started gambling online during this period as a source of entertainment. And if they get addicted it will be a very big thing for the gambling sites.

Yes, the numbers are only going higher with time because someone who once gets into these casinos is not going back to traditional ones and new gamblers are adding every day.
1234  Economy / Trading Discussion / Re: trade & investment is getting harder and harder. on: July 22, 2020, 08:37:10 PM
day trading is the most profitable of all but at the same time it is the most difficult one, the reason for this is that you have no time to take your decisions, you need to be able to execute your strategy on the blink of an eye because if you do not then it is possible the price will move against you to the point that a profitable trade now will be a losing one due to that initial lag.
Yeah, in the case of day trading you just have to improve your strategy. If the strategy you’re using now is not working out for you, then you will have to study other strategies and try to apply them the right ways and make profit.

As for investment, try to analyse the market, or if you can’t do that you can choose to join some groups that will give you the right signals to invest, or you can be reading some helpful analysis articles that will propel you from the lowest position to the top. When you are technically sound then the chances for being a loser will get shrunken.

Obviously all money making things will get tougher out of heavy competitions. When more people join whether into trading or investments, it will get like crowded street where no one could get time to do what they prefer but need to react how others urge to hurry up. It has no differences from what right now crypto trading and investment world are doing.
1235  Economy / Trading Discussion / Re: Twitter Accounts Hacked & Used to Scam People on: July 22, 2020, 06:40:17 PM
I think it is already over, I am not certain if twitter fixed the issue or not but they certainly stopped it for now, of course it may take some time before they can fix it or not (or maybe it is fixed already) but at least I am aware of the fact that nothing like that has happened since that day, they have stopped for the past few days I think.

However what has happened has already happened, dude has already stole as much money as he can, obviously an idiotic method to get money but he did grabbed hundreds of thousands of dollars last I checked, maybe even millions now that I haven't checked in a while. This is why I think even if it is closed, the amount of money that was stolen should be taken from twitter and given to people who paid that money because twitter did played a role in this with their lack of security.
1236  Economy / Economics / Re: How do you estimate resilience of economy in your country? on: July 21, 2020, 06:35:35 PM
We are all aware that economic crisis is coming as a consequence of COVID pandemic and therefore probably will be deeper and harsher that we thought at first.

Do you think that your country has done everything to cope successfuly and rescue economy, support businesses and most vulnerable citizens or not? What do you think which country in the world will fight the economic crisis best?
I can’t speak for other countries, because I don’t know how they are handling their own cases... But China seems to be handling the case better than other country.

At the start they have offered to assist other countries in handling the cases of Covid-19 outbreak, but it is never the same for others. And lots of businesses there were making huge profit when the this Pandemic started, a lot of countries were ordering face masks, tests and a lot of healthcare materials from companies in China and that would have helped to improve their economy. In my country it is not the same, though one thing that makes me happy is that lots of people that got the virus majority of them recovered.
1237  Economy / Economics / Re: Business / private sector is dead on: July 21, 2020, 11:44:26 AM
What if we don't follow the protocol of social distancing, staying at home, and using PPEs, do you think that it can minimize the cases of Covid-19?
You are correct but rather than dying of hunger and starvation I would prefer to take the risk because there are better ways if government implements then both the work and safety can be ensured.

If we don't sacrifice our businesses then this pandemic could lasts longer, also you will have the risk of getting the disease if your businesses be allowed to operate. We just need to cope up with this circumstances just for us to become safe from the virus. I know that businesses are really declining and we should focus on those businesses that will help us survive in this pandemic just like grocery stores, hospitals and stock market.

Yes everyone needs to contribute and actually if we all can just help poor people around us by giving them some money in these tough times like giving advance salaries to your workers would do a whole great for them because the worst situation is for the daily wages worker since they can't go out and work while also don't have the treasure to use in these times.
1238  Economy / Economics / Re: China economy and how they handle Covid-19. on: July 21, 2020, 09:27:31 AM
You see, a country that has focus beginning with the leadership, "the government" can make success easily achieved. What am I trying to say? When the majority of the citizens know that the government is responsible and positively active, they cooperate with them, has large as China's population is majority contributes to the progress of her economy because they have tangible things to show for it and are still supported from early stage. not all this selfish, corrupt, wicked and greedy government who does not care about the citizens and still sees pandemic as an opportunity to steal money, even the donated funds for the hungry.
That is actually on point, because the Chinese government might be bad to India with their border tensions and maybe they have sore relations with US but they are very loyal and honest with their own people and there is a good bond between people and the government which makes decision taking easy for them and easy to implement strategies like lockdown as everyone loves to obey what their government says.

I feel a big reason why they survived the situation is also because they are economically very sound and since they were the first country that suffered they got extra time as compared to others and they already gone through the stages which other countries are now going through.
1239  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 play&invest BTC ETH LTC DOGE on: July 20, 2020, 09:47:12 PM
I am not saying it would put you in zero, I just meant it would be changing the approach. Like for example you can invest for 12 months, you could make 47% profit in one year as an example, well for one minute it is 47% and another minute it is 46% because some whale won. Obviously it is not changing it too much but like I said the moment they play they could change the outlook a bit, is 46% a bad investment? Obviously not, it is an amazing investment return however whale just dropped it 1%.

So, what I was trying to say that do not just look at one picture of what happens, look at the bigger picture, look at what happened after each week. Invest on Monday, and after that check every Sunday for 52 weeks and see the increase with your eyes. Just one picture doesn't really reflect how awesome it can be.
As long as you do invest and not look at it, it is you that matters and nobody else, if people are not sure about what they want to do with their own money, nobody has to convince them. If you want to invest, there are many examples of how you could make more money with investment, that alone is a good enough indicator itself but you are not going to suddenly get to hear someone saying it is bad and a bunch of people will come up and say it is bad and suddenly everything will change, it is usually good and people will tell you that.

If you are not sure and you do not want to move depending on what people say, just because you get some pictures that should not change your idea, that only supports what is already being said anyway, it is not like a new information. Hence, do your own research before you invest and go ahead with it if you are sure.
1240  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: July 20, 2020, 09:02:09 PM
Felt so proud of myself picking Chris Wood to score but then I looked so dumb picking Vardy on the next game only for him to well, not score and lose embarrassingly what the heck is wrong with Leicester after the restart? Is Brendan Rodgers a choker?Smiley
Well, it was a big break and not every team came back like they used to, look around the world there are tons of teams who are not performing well after the break. I mean leaving Leicester aside, Barcelona lost championship when they were ahead before the break, so the break actually didn't helped out plenty of people, it was definitely not something that every team got ready equally and some teams just wasn't ready for it, so at the end of the day I wouldn't give any of them any trouble, they will probably come back next year much better and will be doing a lot better as well.

Hopefully this pandemic thing gets lower and lower so that eventually we could have games where there are fans, without fans some teams might be getting affected more as well like it is a road game instead of home.
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