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1401  Bitcoin / Bitcoin Discussion / Re: 2020 will be a material year for crypto. What do you think? on: January 02, 2020, 02:11:27 PM
Didn't someone say the same last year?

No, no one can say this last year because this is the halving year and not the last one. This year is the much awaited year because we are going to experience halving in the mid of this year and that will be the start of the another bull run.
It is very amazing how people come up with some theory every year just to give themselves hope that bull run will occur again but when the time they predicted has passed, we shall see another theory postulated by someone on how the BTC will reach 30k before the end if 2020.


Maybe Yes, Maybe Not. That's a good thing in expectation and theories, you predict something out of nothing. So when you expect a price for bitcoin then you have something to plan in this year 2020. Because having a plan and expected price will help you to execute the right things on how yo prevent losses and to gain profits this year. So that bitcoin will become still useful even though it is still not certain to trust bitcoin this year.
1402  Economy / Gambling discussion / Re: Which game is most fair in Online Casino. on: January 01, 2020, 04:02:04 PM
Most of my spendings were on dice. From my experience playing dice I find it to be fair. At times when I loss continuously my mind never accepts that the rolls were fair, but later myself user to get consoled. Whether it is truly fair or not, if we're lucky we'll get a winning even with the unfair games.

In other words you are trying to say that it does not matter where you play whether the game is fair or not, arent you? As what I understand is that the most important thing for you is luck and you dont care about the fairness of the game. I have no ideas why do you think like that, if the game is not fair then how can luck come to you because your luck can be busted by the admin/owner of the site by changing the result of your game?


That's the reality, there's no pattern to follow when it comes to gambling. All of those games are programmed randomly so that everyone will play fairly and for the safety of all players. Your luck is still the one who will dictate your fate in playing online casino. Luck is the essential thing in gambling, that will help you to win more money.
1403  Economy / Trading Discussion / Re: So I created a Trading bot and it's doing 8% a month on: January 01, 2020, 03:15:38 PM
Oh no, I wouldn't dare to deposit $50 to that. I will not take the risk with my own money and will cry at the end. To be honest, trading bots aren't profitable as they are promoting it. The OP stated % profits which I highly doubt.

However, if you want to know some trusted trading bots. Try to read this article as it stated some feedbacks, backgrounds of each best trading bot that have mentioned in the article.
I have nothing against the OP, it is good to see people developing a software especially when it contains something useful for the crypto and traders actually $20 is quite lower compare to others that has a monthly billing. What I am doubtful about is the $50 minimum initial take with bot and the claim that it is gaining 8% a month, most probably that is just a series of good trade for 8% every month so that does not count.


We all know today that trading is tough work even you are trading for a short term or long term it takes a lot of things to consider like always need to be updated in the market price, which coin will good for the trading technique we use and also check if we are earning. Today many people getting tired by this process and find some easy way to make a trade and earn money without doing anything, and this is the trading bot. This machine automatically generates a trade if the price is pumping and holding the coin if it is dumping. This kind of device is beneficial because you can be productive at other things at the same time you are earning. Using a trading bot is risky too because if then programmer manipulates the algorithm of the bot, it can cause a lot of losses and damage to your income. Still, I will prefer to continue learning in trading instead of losing and risking my money.

You talk too much and the shorter explanation of your thought is this, trading bot can help you to earn or lose money because it is risky and nothing is certain when it comes to trusting a trading bot. You just define a trading bot and in the end of your statement you said that you will still choose manual trading. In a trading bot, you are the one who will put what strategies are you going to use and not someone who doesn't own your account. So you're still the one who is accountable of your losses and earnings. 
1404  Economy / Economics / Re: ECB President: There is clearly a demand out there that we have to respond to on: January 01, 2020, 12:32:04 PM
Did they suddenly became a bitcoin country? I wouldn't want these big groups to get into bitcoin, I don't care if market wants it too, market only cares about how much fiat they will make, I want more ideological approach to bitcoin.
Sorry but it is not going to happen, while it is true that bitcoin was born from very strong ideological viewpoints that stage is over, the moment bitcoin was released to the public this became about pragmatism and since we cannot stop governments to release their own stable coins what we need to do is study our reaction to it, and fortunately we do not have to do anything, I know I will never use those coins and many of the forum members will do the same but as cryptocurrencies become more popular and their reason to exist becomes irrelevant to all of those new adopters we will begin to see an increase in the demand of those coins.

No matter how urge you want the bitcoin to become adopted by a certain country, that is still impossible to happen because they still not know how can bitcoin help their economy grow when its price grows again. The idea of the bitcoin is to become a digital currency in transactions, but they're focusing on how they will convert it in fiat because they know fiat is more reliable and useful.
1405  Bitcoin / Bitcoin Discussion / Re: Bitcoin scams and new Bitcoin users on: January 01, 2020, 06:27:10 AM
That's why people should be aware that they need to study the projects before investing, they need to know what they should know in every projects, but many are too greedy and bitcoin been used by scammers, they just might shows some proof that makes the new users intrigue and wanted to join since they show some proof or edited proof. Bitcoinis just used as medium and its hard to eliminate people who only know is to scam others.
many people will trust to someone easily, so they can get scam. when they get it, they will say that bitcoin is scam.
knowing what will you do is important than other. you must be know about what is investment, who people that bring you, and other thing that relate with it. sad if someone say that bitcoin is scam without knowing about bitcoin exactly.

It is partly the fault of the people who were scammed. Everything is provided in the internet. Google knows everything. They could have spent at least an hour over there and realize that what they are getting into is not true. There are already so many stories of victims being posted online. Many people who got victimized by scams claiming they have connection to Bitcoin or cryptocurrency either as a trader or as an investor are those who are just thinking of the promised return without flipping a page.

That's why don't you ever ever trust easily in bitcoin. You should know more first before engaging with cryptocurrency. Having a lot of knowledge and experience is important for you to know the do's and dont's in cryptocurrency.

Scammers are professionals in fooling people and take their money without even being caught by the internet society. They are expert in taking your money instantly and it is because of your cooperation. So in the first place, try not to have a transaction with a people with least personal information.
1406  Economy / Gambling discussion / Re: Lottery In Your Place on: December 31, 2019, 06:32:38 PM
Lottery is the only legal option for gamblers in a wide scale in my country. The lottery mostly consist of goods rather than money and people win cars and TVs and pay a small tax to take the prize. The lottery runs around the year but are more frequent around festival time i.e. during this month.
It's popular too in my country and many really aims a lot to do it. It's also what others aim to be successful and rich. There is a question always that what if you win in lottery what you will do. I do hope to win atleast even once. Since I'm addicted on betting in it when I feel lucky.

Me too, i'm always interested in betting on lotto here in our country. Although the winning percentage is 0.00000000001% I still try to bet and no matter what happens I still have a feeling that I have luck in me. No matter if my money I spent is getting larger over time, I still have an urge to win lotto because lotto's prize is not a joke. The prize can almost give you everything you want, particularly most of your needs and wants in life. That's why many people still place a bet in lottery.
1407  Economy / Trading Discussion / Re: Trading Tips for Traders here on: December 31, 2019, 02:56:37 PM
Before you begin read, I am not an expert nor am I here to turn anyone into professional. So the basic aim is to just add some sense that I was lacking when I started my trading career.

So for traders, all I say is follow these tips https://www.latinpost.com/articles/142690/20191123/tips-for-the-perfect-day-trading-strategy.htm, as I said these are some things that I was missing heavily in early phase of my career, so I hope youngsters can learn from it.
This is just the right advice for beginners in this market, if you want to become a professional trader, you will need more knowledge like that. You need to have a lot of knowledge about the bull and bear markets, analyze the charts and the impact of the news....
But it is a great article anyway and it will help many newcomers to this market

This topic is always in the list, but here's the most important thing, we share all our thoughts to help our fellow traders. No matter if you're professional or beginner but you always need to secure your money. Experience is essential and in order to achieve those experience, you need to practice and apply what you've learned. Maybe you'll learn some of aspects as you trade and trade. No matter if you succeed or fail, the important thing is you learned.
1408  Economy / Economics / Re: New bill would make Facebook’s cryptocurrency a security under the law on: December 31, 2019, 10:27:02 AM
The government have been trying to regulate the bitcoins too , they are gonna add bitcoins in the law which protects the investors against frauds , same they are doing for the libra , I think it is a bad thing to do since slowly by slowly the corruption will soon sweep in the cryptocurrencies too like the normal Fiat money but on the other hand they are not really blocking it but we should understand that this way they would become centralized till an extent and I don't know if that would work or not.
Let's see what happens.

given that they dont block crypto like what you said  , it makes me feel positive  . this is better than compare to they will ban cryptos just because they think they cannot do anything to control it  .

regulating crypto do also provide some benefits to like people are protected from potential crime's related to crypto use and that is of course with the help of  kyc/aml  .  beside's crypto is still a crypto after all these implementations an its still far from a real fiat .

Regulation per se is neither good nor bad. It is neutral. But it will become good if it is done properly. In the same way that it will also turn out bad if it is done wrongly. If crypto is regulated, it is only welcome for as long as it is being regulated within the correct bounds, definition, and classification. If cryptocurrency is being regulated and is defined wrongly, it will turn out detrimental instead of beneficial to the growth of crypto. It does not help.

It should be do CORRECTLY, because if it is not, we're the one who will still suffer in the end. Regulation must be always executed properly to prevent harm to others and for cryptocurrency to continually use and promotes. Cryptocurrency has a lot of advantages to observe because it will surely grow the economy. But first, they just need to make a security out of it.
1409  Economy / Trading Discussion / Re: What trading bots are you using to manage your portfolio? on: December 31, 2019, 08:03:47 AM
Are trading bot good?

Read a lot of negative information regarding these bots. If anyone can provide any links to a article that provides details explanation on these bots and also if you can recommend neome bots.
It can be said to be good and bad both at the same time? It depends on your preference. If your confident on leaving your money and let a series of codes do the job for you, feel free to do so. A lot of people can be said to be control conscious so letting a bot handle their trades seems kinda bad and negative for them, which is imo true. But some bots do their jobs properly, just not all the time. A bot pretty much requires constant tinkering whenever you judge the market to be changing, so in the end, you'd still have to manage it for it to be able to provide. Here's a link if you wanna read about it a bit more.

Yes, it is good but it still need a manual setup for it to function properly. You also need to monitor it because its performance is not that stable because it is a bot. It just help you to trade even without your presence and that's a big help while earning profits. But it still depends on the market if it will succeed or fail. It still needs proper management because it is an automated so you need to still guide on how it deals with the market.
1410  Economy / Economics / Re: Your plan if no significant move on Bitcoin price along with the halving? on: December 30, 2019, 03:47:01 PM
Holding would be the most obvious choice here should the scenario even happen. There's no reason to continue trading nor go against the tide if the ship is clearly sinking without any chances for recovery. By going against the tides, chances are you might just waste everything and sink insteas of just going with the flow and leace things as is.

Then again, this highly depends on who you're asking. A day-trader would surely continue on trading but for the most of us, the answer is just to hold.

Yes, as we can see from the posts in this thread and from the poll, most of us will be holding if nothing changes, or if the price goes a bit up or a bit down. But I have an impression that most of us don't realize what period of time we are talking about. It's not about 2-3 months before/after the halving, but rather about 1 year+ after the event. It's a pretty long period of time during which the price can significantly go up or down for other than the halving reasons. I personally believe that the price will go up significantly during 2020-2021, and not necessarily due to the halving.

Even me, myself, I will choose to still hold on bitcoin no matter what because when the time comes that bitcoin price becomes high again, you are the one who is a winner. So patience is always a way to success. I still trust bitcoin although they say that it will take too long before it becomes the no. 1 coin again.

I don't care about what they say, after 5 years from now. Maybe bitcoin will reach above $10k USD and it is huge enough. Imagine from $6k to $10k up. So that's why I still have faith in Btc.
1411  Bitcoin / Bitcoin Discussion / Re: YouTube admits error over Bitcoin video purge on: December 30, 2019, 11:02:49 AM
https://www.bbc.co.uk/news/technology-50924494

Quote
YouTube has reinstated hundreds of crypto-currency related channels after admitting it had removed them "in error".

A wave of YouTubers received notifications that their videos were in breach of the platform's terms of service earlier this week.

The move appeared to target smaller channels and publishers that focused on Bitcoin and crypto-currency content.

The Google-owned video sharing platform has since apologised for the mistake.

YouTube said in a statement that it had "made the wrong call" and confirmed that any content mistakenly removed would be restored.

"With the massive volume of videos on our site, sometimes we make the wrong call," it said.

"When it's brought to our attention that a video has been removed mistakenly, we act quickly to reinstate it."

It said there had been no changes to its polices, and insisted there would be "no penalty" to any channels that were affected by the incident.

Despite the apologies, I still think bitcoin video enthusiasts should migrate to decentralised video hosting sites like D tube: https://d.tube/
Well on dtube the only way to get paid is with the dtube shitcoins which is no where near as much as on youtube. This is due to a fact that different companies can advertise on family friendly content and that is why youtube became so big over the years. As the nature of dtube is that it is decentralized, the same results are impossible to achieve. Decentralization is not a solution to every problem in the world, remember that.


Companies have their own way on how they will improve their service and I think that they really feel sorry about what happen. But you know, Youtube will really help promote bitcoin by just using those videos. D tube is no match in Youtube when it comes to advertisement.

We all know that Youtube is a very large platform. We should not under estimate the most used multimedia website just because it mistakenly shutdown bitcoin. Decentralized??? That isn't helpful.
1412  Economy / Gambling discussion / Re: [Boxing]: Gervonta Davis vs Yuriorkis Gamboa on: December 29, 2019, 06:51:21 PM
As expected, Davis won the fight via TKO in the twelve round. He drops Gamboa in the 2nd, eighth and the final round. It was a mismatch actually and as I have said, this is just a get busy fight for Davis because as much as everyone loves Gamboa here, lol, he is wayyy past his prime. So I hope that no one was caught around Gamboa's supposedly second win and has a chance to win here. So let's see a Loma vs Davis next.

It was an easy fight for Davis, almost a complete shutdown from the judges scorecard. I thought that Gamboa will survived the full 12 rounds and wouldn't be knock out. Unfortunately, he was caught in the last round and it was a right call from the referee to stop the fight. Of course as 20-to-1 underdog, bettors are going to put some money on Gamboa and take the risk. But it was not a Andy Ruiz performance (first fight) here, he was simply dominated by Davis.

The way Gamboa performed on today's fight, it seems that boxing career is over for him. I always though that there is no easy fight whenever a fighter would climb in the ring but tonight is just different for Davis as the fight seems so easy for him and dominated all the rounds.

I am excited to see a Loma vs Davis match-up soon.

I always like to see Davis dominates his opponent in the ring. He is very relentless when it comes to taking down his match up. Although Gamboa is already old for this sport, he needs to take a rest and retire because of his performance. It seems like Davis played the game and Gamboa is the one being toyed. We're all excited about Loma vs Davis so let's continue to support the both of them in the next fight.
1413  Economy / Trading Discussion / Re: Trade with planning on: December 29, 2019, 07:33:39 AM
I agree that a lot of newbie traders got burned early here because they thought it is a get rich quick scheme. So they just buy or trade without planning and the results are a disaster. But there are smart investors as well, maybe they have the experience before or just used their logical mind to learn first before joining the crypto sphere. So those are the two sets of individuals. And I'm sure those who have lost their money here have learn a valuable lesson and next time they've going to trade will careful planning. It's up to us to choose which path we wanted here.
Newbies are so very greedy where they thought that they can earn big amount of money in just short time. It is not the reality, there are big risks in trading and all of newbies should be aware of that. Newbies should protect first their capital befor they focus to earn big amount of money. Planning is required before we trade, we can win in a trade if we have plan.

Not only beginners but also professional traders are also prone to losses. When we talked about greediness, no one is exempted, all of us are vulnerable and we have nothing to do about it but just to control our own mind and emotions.

Discipline is a must in trading, proper management of money and planning is the best option. Planning is essential for the next step that you will execute in the market.

When we talked about discipline, application is important for you to practice managing your actions and thoughts. In order to have a right planning, technical analysis must be executed in the market for you to know what is the next move you will perform.
1414  Economy / Economics / Re: Is there formula for bitcoin price ? on: December 29, 2019, 06:11:21 AM
I am wondering analysis of bitcoin price/value.
I see some simplified econmics model in Princeton course about bitcoin.
That is Supply = T/P
           Demand = S/D
For price P = TD/S.

Although it is simplied model, while it provides basic thinking about it.

My question is is there other popular model/formula about it ?
There is no effective formula in determining the price of Bitcoin unless the law of supply of demand in which you stated above. Technically, Bitcoin's price don't follow other principle but rather the supply and demand only. Due to this case, we are implementing the technical and fundamental analysis which is subjective though it uses indicators, charts, and news for a certain market such as Bitcoin.

Absolutely, because it just for computation purposes and it has nothing to do with how much price would it be after 5 years. It has nothing to do with price, maybe just a little bit factor for the price but it is still depends on its volatility.

Market is still unpredictable even if you use some of those formulas in computing demand and its price.
1415  Bitcoin / Bitcoin Discussion / Re: Time for YouTube to vanish ... on: December 29, 2019, 04:44:28 AM
YouTube is loosing quickly !!!

Have you seen what goes on with the Crypto Youtube channels?
They getting blocked and deleted by YouTube in masses....


THIS IS THE MOMENT FOR AMP SYNEREO HYPERSPACE  !!!

....we should take that chance to decentralize that space for us!

Loosing on what? it's not that easy for Youtube to just go down, they are owned and operated by the number one company in the internet and there's no real competitor, so I don't know what they are losing, I read a report that it was a mistake, it should be on videos that invite people to invest, you are right that we need a video sharing site like Youtube, but so far no one comes close to compete.

Even though crypto channels are being vanished by youtube, it doesn't mean that Youtube will also be shutdown. It is also a very large site/platform, it is hard for Youtube to go down since many people around the world are still using Youtube in their daily entertainment.

Maybe twitch is not enough to dominate Youtube because it is just for streaming and youtube can also do that.
1416  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin still a people's currency? on: December 28, 2019, 01:44:40 PM
I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

Since 2017,bitcoin is an asset for the rich crypto elite.It used to be the people's currency 5-6 years ago,but not anymore.

It doesn't mean that bitcoin will stay as the people's currency because it is the most used these past few years. Look at bitcoin now, it's volatility is occuring and we have nothing to do about it. Maybe we just need to wait and become a people's currency again.

No matter how long, no matter how hard for the bitcoin, but i'll still believe that bitcoin will be the best crypto 4 to 5 years from now.
1417  Economy / Gambling discussion / Re: Will You Bet Or Gamble Before New Year, Or On The New Year on: December 27, 2019, 02:46:06 PM
I want to know will you gamble before the year-end to try to get the most before the year-end or will you prefer to gamble after the new year to welcome the year, or will you prefer to do both, I'm having second thought betting before the year-end I might end up empty-handed, coming to the new year, and I'm also having second thought gambling in a new year I might end up starting the year with a lost. 
If you're worried for the outcome then its better not to gamble at all unless you're just using your spare money and hoping to grow it but prepared even you lose it.

When we gamble keep in mind the risk of losing your money so dont play if you're thinking of what if.

I will gamble after new year if im in the mood but for now I want to enjoy the holiday season.

I must gamble before the new year because I don't want to start my new year with disappointments or any record that I will receive in the result of my gambling. Much better if I try to play earlier because new year is a new beginning for a new years resolution.

Maybe some of us are gambling addict that they play gambling everyday for the rest of their lives and I'm not that kind of person.

So let's leave them like that and enjoy our own lives. They are still the one will take the consequences of gambling.
1418  Economy / Trading Discussion / Re: Reasons why traders fail in Forex on: December 27, 2019, 10:15:40 AM
Traders fail in Forex because of basic reasons. Any mistakes out of those reasons are outside, and can actually just be blamed for wrong predictions or just plain bad luck. Some of the basic reasons of failure is failing to create a basic goal and a stop loss. A goal so that you know when to stop and create a brand new plan to achieve another brand new goal, which is always important since if you set your goal to be too big, it'll most likely never be achieved, and if you fail to create a point where you would stop and re-plan, then you're basically asking for yourself to lose continuously.

Also forex are just dominant because of the advertisement that promotes it like Youtube and any other apps. But the quality of the forex app is quite good and yet the users don't know the fundamentals of trading.

In result, they get losses and their profits are not growing because of failure and the stop loss.

Forex is a good trading app and it has a lot of features that other trading apps don't have. That's why it is the no. 1 trading app used by the crypto users. Planning is really important in trading for you to know what move will you execute for a successful trading.
1419  Economy / Economics / Re: ASIAN CRYPTO FRIENDLY COUNTRIES on: December 27, 2019, 09:07:03 AM
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393


I think that South Korea should be on the list as well.
They have a lot of blockchain hubs created all around the country. The most important country of all is Japan where they clearly have adopted the blockchain technology by placing crypto ATMs in a lot of spots.

Besides South Korea, Philippines should be listed as well as those 4 that you've stated. Because here in the Philippines, the government doesn't care about how cryptocurrency regulates in this country. They just get taxes or fees in the exchange so that they will still benefit those people who uses crypto.
1420  Bitcoin / Bitcoin Discussion / Re: Crypto and bitcoin is Not good investment new era Next phase on: December 27, 2019, 07:18:14 AM
Therefore, just the same, that investing in bitcoin today is in the first place among investors and traders of the crypto world. There are other aspects that can be considered, but you must be extremely careful in this action.

That's why investing right now is not the best option for that. The stable downward movement of bitcoin is on going and we have nothing to do about it because we're just waiting for it to finish and grow again. But it will surely took so long before we can invest again in crypto.

Those other aspects you said like demand, price, and etc. must be observed also.
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