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1361  Economy / Economics / Re: Bangladesh Government Comparing Gaming with Gambling and Cryptocurrency on: August 19, 2020, 06:02:49 PM
I would say changing countries is not really the solution, making sure that governments realize they could not only take advantage of crypto by taxing people and getting richer as government, but also it would allow people to get money from other nations a lot easier so that they could bring in money to the country and making that country richer is also an important thing.

On one hand you are paying taxes for something legal instead of trying to hide it from government to do something illegal and not pay taxes, so obviously first one makes more sense, and also second one is if you promote it like India did with software and try to get more money from other nations you could bring in dollars to get yourself a lot richer as a nation thanks to all the influx of money coming in.
1362  Economy / Economics / Re: Fixed amount vs. infinite coins on: August 19, 2020, 04:31:08 PM
The thing about being fixed is that bitcoin makes sense, something brand new may not. You could create a coin with just 200k tokens available and nothing more and that doesn't mean that it will be worth a lot of money, maybe one per token could worth a lot of money one day if it gets any attention but when we are talking about making a profit from trading it, that will not change a lot, 20 dollars to 22 dollars is the same amount of increase as 0.20 to 0.22 and that is why I do not get that talk.

Sure when we are talking about bitcoin it does make a lot of sense because bitcoin is the number one crypto and everyone wants it and when there is a limited supply it will make it go a lot higher, so I am not arguing against that, even any coin from top ten, but a brand new one doesn't make sense at all.
1363  Economy / Economics / Re: Why Akon's cryptocity in senegal could work on: August 18, 2020, 10:30:29 PM
Akon's crypto city is a good idea, it’s a really good thing that he’s trying to do and I have seen the advert of the Akoin foundation a few times when I opened my Instagram, and based on how they explained it, the main purpose for them to be working towards creating the Akon city is to kind of be an example to the African leaders on how things can be done.

Well, there is nothing wrong with the plans they have, the only problem is these corrupt African leaders, they never value anything because they are only interested in their pockets and not on making Africa a better place. Africa is truly a Wakanda, because they have lots of resources that can help them to build their countries, there are plenty resources but they are not making proper use of it.
1364  Alternate cryptocurrencies / Altcoin Discussion / Re: Why You Think That Your Coin/Token Will Grow? on: August 18, 2020, 08:28:12 PM
I researched very much in the net. I read numerous comments in the blogs. I saw to much messages in the telegram groups. and discord forums

and I found that most of the people really don't know why they chose their coin/token. just they know their coin is good and the future is belongs to them.

The Question Is: Why You Think That Your Coin/Token Will grow? (based on what?)
There are some good coins/projects that are in the market and people don’t want to invest in them, and that’s because they are scared of new projects. When new projects are launched, people don’t waste time in selling their coins and cashing out their profit, and this has turned to become the normal thing with every project. And what I have come to notice about some people is that they like to follow hypes.

Once they see that a project is getting hyped and the project is growing, they will quickly move into it. If you don’t believe that a coin is going to be successful, then it would be best for you to invest in Bitcoin or Ethereum, because these ones are reliable, and we all know their purpose, Bitcoin for transaction and ETH for smart contracts, and they both seem to be unbeatable in these areas.
1365  Economy / Gambling discussion / Re: Betting website on: August 18, 2020, 07:12:42 PM
It's obviously an attempt to promote the site. The site is not only known as a scam to users, but also known to refuse to pay their affiliates.
They also block withdrawals for selective users when they feel the user has accumulated some significant wins.

There are many threads as you can see they did this in past too HERE

I think threads like these should be locked by moderators and ban these newbies who will just keep growing unless some action is taken against them.

I have never betted on 1xbit and after looking at these fake SEO/Makreting attempts I will never visit them so if you are the owner and you are reading this, bear in mind this is doing more harm for you than good and no matter how smart you act you are, you are getting caught and looking stupid.
1366  Economy / Trading Discussion / Re: 30 sec - 5 sec chart on: August 18, 2020, 06:51:30 AM
I am not seeing any particular reason for going for such an extreme low time frame. I am sure in my usual places, even in 60 seconds, no trade will be happening for sure. It may happen sometimes but definitely not on consistent manner.

You are looking for ANY exchange with such a low time frame based chart feature; honestly I could not get what kind of research, you are into, right now. Probably if you explain your exact needed things then we can help you with alternates and anything which may address your needs.

The only choice you probably have so far is just pay for that pro version of Tradingview if you badly need that time range.

Are you sure that the paid services of tradingview offers charting for less than one minute as well? I checked even forex brokers too not having facilities to set charts below one minute.
1367  Economy / Trading Discussion / Re: What is the best platform for quickly purchasing bitcoin? on: August 17, 2020, 04:46:10 PM
If you are going to purchase the bitcoin with fiat money then p2p is the faster and low expensive way to buy. I prefer localbitcoin whenever I want to buy bitcoin with fiat because where I have trading activity so I can make advertisement for my desired price with current market value but for someone who don't want to complete KYC is is possible to trade upto 1000 euros per year, but with simple ID verification you can increase that into 20K euros.
The problem with platforms like localbitcoins is that you are often asked for ID verification from the buyer/seller himself and while I feel safe to provide my identity to LBC since they are a established and polished platform but I never feel the same confidence giving out my identity to the sellers out there because they can always misuse and misplace my identity and even when they don't do that they can always sell the data they collect during trading and make money off it.

I always feel we should rather go for Binance or exchanges like that because they do allow you to buy bitcoins with credit card and being such a massive company they would never even think of selling your data.
1368  Economy / Speculation / Re: Bitcoin Rise Due to Lower US Dollar? on: August 16, 2020, 09:16:15 PM
Bitcoin increases because lower fiat, you think dollar is the only thing that is getting affected right now? Do not get me wrong I understand the logic that bitcoin is calculated with dollar most commonly so dollar going down should be an important piece of information.

However when we are talking about why people buy bitcoin, most of the time it is to make more fiat, and people who live outside of USA also uses bitcoin for the same reason, which means that you should be a bit more careful about who goes in with what type of money and I feel like the whole world is going into bitcoin because fiat currencies are dropping down in value. Obviously it is not the number one priority here but it is definitely an important part of the puzzle that caused it to go up.
1369  Economy / Speculation / Re: Not many try to buy on Bitfinex, but many try to sell on Bitfinex these days... on: August 16, 2020, 06:45:51 PM
I think instead of money laundering, it is mainly the fact that they are creating fake volumes and that means they could seen like people who are selling, they could handle that if they want to and make it look like mostly buys or mostly sells, that is why I think it is quite important to know how much of bitfinex is legit and how much of it is fake.

I don't know what could be done about all of this but I think the best case right now is believing the CMC because they are trying to do their best to remove all of the fake data, it may take some time before they reach there but I feel like they will eventually reach there at that point we will see their real face. If however money laundering thing is real, they are not just bad but also illegal as well and could go to jail and be over.
1370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are the best coin in 2020? on: August 15, 2020, 07:38:40 PM
With market conditions like now that are trending up, of course it is very easy to find the best coins for investment.
To be sure, the $ 2000 capital is quite large, so it's easier to make a profit. The first choice is of course mandatory
investment in Bitcoin, after that you can choose popular coins like Ethereum and Litecoin for investment. You can also
try investing in DeFi projects which is the hype right now.
well, we agree that bitcoin is the first coin to be the best coin in its development this year, especially if the price can reach the price of $ 15k this year. well, many are expecting that. however, I am currently looking at ethereum's price, if it can get anywhere near $ 700, I think it would be the best coin in my opinion of the year.
A lot of people keep believing that Bitcoin is the best and that shows that it will continue to be the best, no other coin will beat it.
If Ethereum goes to $700, then know that Bitcoin is likely to go to an extent that is similar to that when calculated in percentage.
I know lots of people who are only interested in Bitcoin, they don’t invest in any other cryptocurrency no matter what, they just focus on Bitcoin and that’s what they are updating themselves on, and nothing else. When it comes to use cases, Bitcoin is also topping the market and is widely recognized and used more than any other cryptocurrency.
1371  Economy / Speculation / Re: I start to give out btc free trading price predictions on: August 14, 2020, 07:09:33 PM
It is quite a risky thing to give "free trading price prediction" because you are basically saying that you are willing other people to buy according to your predictions but if they do that and they lose money they could literally sue you. Almost all developed nations in the world have laws about this, if you give investment advice and stand behind your advice saying you want others to follow you, that is a legal binding thing.

Obviously we are on a forum and it would be quite difficult for someone to find you and charge you with anything because it is a difficult enough to even figure out who you are, plus you need to be on the same country as well since one investment in one nation can't affect the other nations laws, however if all of those happens I think that would be very bad for you.
1372  Economy / Trading Discussion / Re: I have Good advice for investors on: August 14, 2020, 02:25:28 PM
If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.
Understanding technical analysis is critical to success in the cryptocurrency trading market. If you don’t know it, you’re just going to be gambling with options in the market. That’s the same thing with trading forex, you cannot trade it if you don’t know how to analyse the market properly and tell the possible outcome.

In fact, learning trading is not easy, there are lots of things attached to it, and you will have to start from the top to down and learn everything, and when you understand everything, I believe that you will be a professional at it. I learnt about cryptocurrency myself, but when it came to trading, it wasn’t something I had to do by myself, I had to connect with people that has been into it before me and worked with them.
1373  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi scams [history] on: August 14, 2020, 09:28:31 AM
The name of the project is kind of funny, Yam token lol. What is the project even all about, because I tried visiting the website and was getting some warning, so I decided to go back. And the name is just like they never put any thought into choosing a name for the project.

People have to be careful about projects like this, you can’t trust these kind of things because mere looking at the few things I have seen about it, I don’t need anyone to tell me that the project is not going to be a good one. The warning I was getting on their website is saying that anyone that wants to engage with contract has to be very careful. You can check their website – yam.finance, I don’t know for you guys, but that’s the warning I am getting. I didn’t bother to go further than that.
1374  Alternate cryptocurrencies / Altcoin Discussion / Re: No ICO, Mining, Exchange, etc. In John McAfee's Freedom Coin, What Use Is It on: August 13, 2020, 08:24:56 PM
Well, I would say that if there is no ICO and there is no mining, that means it is premined and all of it is at the owners hand and they are giving it away.

This makes no sense to me at all, why would anyone want to invest into something that would eventually be just a centralized money that is not fiat and government controlled but just a crypto that is a person controlled? That is the same reason why I have never invested or bought XRP in my entire life, why would I want to do that when there is so many things that could go wrong, Ripple as a company could come in and print a billion of them if they want to, I am not saying they will, but they have that right to do so if they want to, I rather not really be involved with coins that gives people that much power over my money.
1375  Alternate cryptocurrencies / Altcoin Discussion / Re: My Ethereum transaction has been pending for over a month on: August 13, 2020, 06:12:38 PM
I tried to send an Ethereum transaction using https://www.myetherwallet.com/ over 40 days ago. I used a very low fee and seems it was not nearly enough. The transaction is now stuck and says pending. It doesnt look like it will be dropped and I am not sure what to do.

I tried to speed it up by adding more gas through Metamask but every time I do that I get an error in MEW and it fails. I read somewhere that I need to spend the same nonce with more gas for the transaction to be confirmed. I have no idea how to do that. Can someone help?

Has anyone faced similar issues wit stuck Eth transactions that couldnt be spent and how do I solve this? 
What is going on with the fees and why is an ETH transaction more expensive than a Bitcoin transaction?
This has happened to a lot of people, and it keeps happening. If you don’t want to be experiencing problems like this, the best thing you should do is use fees that are enough to get that transaction confirmed. For example if you’re making use of the Blockchain wallet, when sending your ETH, you will see the fees are divided into about four or three types, there is the lower transaction fee, the priority, and the custom fee.

If you use the custom, it is going to let you set a custom fee, but I don’t make use of custom fees, I just use the regular and priority; priority is for when I’m in a hurry to send the money and regular is for when I am not in a hurry. If the fees are too high for you, that’s because the network is kind of too much occupied, you can leave it and try later. One thing with your transaction getting stuck is that you won’t be able to send another transaction since ETH has what is called nonce to help avoid double spending.

As for how you can fix this, you said it’s been fourth days, so if you check MetaMask the – speed up – button might have appeared by now, when you click the speed up button you can resubmit the transaction with higher gas fee for it to be confirmed. But you can also cancel it if that’s not working for you. There is a blog on ETHGasStation.info that explains this, you send 0.00 ETH with same nonce and the 0.00 ETH gets confirmed and the old gets cancelled.
1376  Economy / Economics / Re: Some chinese guy bought most expensive face mask in the world $1.5 million. on: August 13, 2020, 04:45:17 PM
Crazy world we live in :

https://www.youtube.com/watch?v=VCcCSzqyDKQ


I don't get why govs don't  put 99.9% income tax on this f...kers ...?

There is one thing to be rich ...and another thing to be a rich asshole ...  
I would have said that buying a face mask that is worth millions is kind of a dumb thing to do, but then people make their money and it’s none of my business what they choose to be buying with it, it’s all their choice. I have learnt to mind my business I’m cases like this.

I have also seen comments from people saying that he was going to be using the face mask as a store of value, well if that’s case, then there is nothing wrong with it. It’s just like me and my friends , when they see me buying Bitcoin they think that I’m really stupid, and that’s because they think that Bitcoin is worthless. You may be seeing value in something but others won’t see it that same way, until they come to understand it the way you do, which definitely not everyone will understand. So just do your thing and kind your business.
1377  Economy / Economics / Re: Economy restart big Boom and prosperity Coming on: August 13, 2020, 03:55:11 PM
The big economy Boom and Prosperity Coming.
There will be a lot new Capital in world.
Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did.
We will see all Around the World that Kind of economy booming that we never seen Before!!


If you Don't get Rich now you will stay poor all your life!! 
And cryptocurrency boggest bull run will go Wild
It’s good that different sectors in the economy are starting to resume, it’s really going to help people. The rate of unemployment increased in almost every country in the world when the economy was closed, and these people couldn’t afford to feed their family, and it’s not just about that, the government themselves can’t afford to take care of all these people. Now that the economy is opening again, there will now be jobs again as time goes on, and people will start getting employed.

And as for the part of giving out loans to people, do you think that the government will be able to give out loans to every single individual that applies for the loans? There is a set limit of how much they will be bringing out to help pump the economy, and not every Business will be lucky enough to get their hands on that loan to boost their business. And I think the big companies will likely be favored more than the small ones, because they are already big enough and the government will believe that they will be right ones to invest the money in, since they will benefit from it more than the small ones.
1378  Economy / Speculation / Re: BTC Current Bullish & Bearish scenario on: August 13, 2020, 10:19:25 AM
Obviously the minor support levels wouldn't be able to hold out for too long, they would basically be destroyed by any whale that wants to destroy it by themselves, however if we could go up and the price stabilizes there the support would be able to grow bigger and make it harder to drop as well. This doesn't mean it can't be broken, as we all know bitcoin could be $20k or $5k tomorrow, it has that power and the whales can manipulate it that way, however we are not talking about the capabilities of bitcoin but more about what it looks like in the market right now.

So, what it looks like is that we need a stabilization at a higher level before we can say that we are safe, without any stabilization it looks like it could go up but the drop could be there very swiftly as well without a proper support level.
1379  Economy / Speculation / Re: Bitcoin trading soars in Argentina, Brazil as local currencies weaken on: August 13, 2020, 08:09:16 AM
We have seen a lot of countries in the recent years like Venezuela or even Cyprus early when bitcoin started where having bitcoin would mean that you would be richer than rest of the public. Recently we have seen Brazil, Argentina and there is a topic about bitcoin price breaking the ATH levels in Turkey as well because their fiat is losing value as well.

So, I would say that bitcoin is not something you should check out with just dollars, that is for people who spend dollars, you could also be someone who lives in a country that has a fiat aside from dollars and you could totally make a profit with your own fiat, and while keeping your purchasing power around the same or maybe even increase it a bit, everyone else will be losing the value of their money.
1380  Economy / Speculation / Re: Bitcoin will touch the high price in 2020? on: August 12, 2020, 06:48:09 PM
People are forgetting the fact that bitcoin technically doesn't have anything that keeps it low or high, it is only the people who buy and sell that matters and whatever they think is the price will be the price. Which means in a month we could have bitcoin over 50k, or we could not see that at all as well like we haven't seen that price in bitcoin history.

So, it is always possible to see a huge price for bitcoin but just because it is "possible" doesn't mean that it will happen like that and people would be all buying bitcoin like crazy to increase the price without a stop. So, I think the sensible price range right now is 15k-30k levels if bitcoin goes up, but it may not happen as well if people do not agree with me, I have already bought so mine could be just wishful thinking as well Cheesy.
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