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1441  Economy / Economics / Re: bitcoin might be over but blockchain will live on: December 21, 2019, 08:08:26 AM
Bitcoin keeps going down and forecasts of a rebound don't fulfill anymore
Cryptocurrencies should be moving beyond from being just value storage. Real functionality is needed.

Blockchain technology is well positioned to be the next level of money evolution
But governments are starting to implement it because they know it can save their ailing printed money

When I first proposed to use cryptocurrencies as support for a financial system based on energy instead of money or gold, some members asked me how it would be instrumented. Thanks to them all.

Here it is. The basis of a plan for a financial system based on blockchain technology and energy, mainly solar, that can show the way it may be operative and workable.

TERAFLOPS AND TERALUMENS
https://drive.google.com/open?id=1QtFCyUQx_PjlbOFK-NOm2kY-oSleeJF9

And just in case, the first document
TERAFLOPS AND TERAWATTS
https://drive.google.com/open?id=0B7JgGimv_JMJaWdYQXdtb1RVZVE

I'd really appreciate a review. Thanks in advance

Why bitcoin is going down so it must be over.  Every year these silly little posts, threads or articles come out.  Bitcoin is not done for.  Look back from the inception where peoe were calling it the end, the honey badger always does the same thing, rebound even stronger than before.
those who talk like that seem to be experiencing a deep decline in assets, so panic and make negative news about bitcoin. I think this is a reasonable cycle, where the market moves to follow the trend that is happening. therefore we must learn to be wise investors, so we can take advantage of the situation


even if something happens with Bitcoin in the future, at least we have to prepare it from now, learning the science of trading might be able to help you still be able to get profits and income, even though bitcoin is dead you can trade on the stock market, hopefully Bitcoin will still be there to us

What do you mean "even though bitcoin is dead".  Bitcoin is more "alive" than it ever has been regardless of price.  Bitcoin has been expanding into more of the population with more companies utilizing it as well as the backbone "blockchain".  Tons of research is going into it more than ever.  Price is meaningless to whether bitcoin is a live or dead.

You must be right because I know a lot of people who still value bitcoin more than any other crypto. But I believe that even when bitcoin becomes old, the blockchain technology will live more.

That's the reason why the blockchain technology was invented, to help us processed our necessities digitally. Bitcoin is not dead, its just that it take a break.
1442  Bitcoin / Bitcoin Discussion / Re: Who holds the most bitcoins? on: December 21, 2019, 05:24:32 AM
Me.  I own the most bitcoins.  Prove me wrong?
Nice joke. It is probably wrong. You will be quite busy to trade your Bitcoin if you have the most. I've checked your post history, your current posts were not in economics or trading discussion, so it means you are not monitoring the market trends. This makes me doubt that you are one of the people holding the most Bitcoin.

However, I think your intention is to make us aware that no one knows who is holding the most Bitcoins. Am I wrong?   Smiley  

Wake up! You're probably out of your mind. How can you earn the most bitcoin? Can you tell us how? So that we can believe in you. You're a joker. You just want to test if we know who have the most bitcoins. Now, we can't tell who has the most.

It is impossible for you to have the most because your post aren't related to the topic about bitcoin. I checked your profile.
1443  Economy / Gambling discussion / Re: Roulette - what to bet on? on: December 20, 2019, 04:26:29 PM
I don't have any good strategies when I play roulette game, I just bet on red or black, starting my first bet as low as possible,  and then I do the 2x or 4x when I lose, but not on every loss.

Your strategies aren't good type because roulette game is far more winning than just betting on the red and the black for winnings. Though many commenters said they bet on red or black and turn winning for them, maybe that's their luck as luck is all about gambling.

That's what greed and ignorant do, they not think wisely before doing something in gambling. Continually doing that will make lose all your money without even realizing it. So you need to control your emotions just like trading.

Good decision making is the key in playing Roulette game, there's no strategies but thinking about how play goes will help you to think more.

Critical thinking skills is also essential for you to execute all the actions you've thinking.
1444  Economy / Economics / Re: Crypto vs stock markets on: December 20, 2019, 11:55:43 AM
The Question:
Wich way is more profit? 
Crypto or stock market? 

What are other ways to get good profits besides crypto?
If me as beginner trader, i will pick on crypto market. I think it is more flexible than stock market. Honestly i am not try stock market yet, but when i try trading in crypto without analysis, it is easy to do buy, sell,hold. But this is only from how to do it, about profitable, i think both can be profitable depends on what people expert in, maybe people's answer will different each other. But for me more profitable is crypto.

Bitcoin is really helpful and more effective when it comes to earning profit. Stock market is also important for now. Most especially, cryptocurrencies are down this past few months and you need to find something more profitable than that.

Be thankful for the stock market for a partial source of income. But when the cryptocurrency came back on its peak, then it will be the best choice to start crypto again.
1445  Bitcoin / Bitcoin Discussion / Re: It’s a curiosity to know on: December 20, 2019, 10:54:17 AM
In 2017, Nearly 50000 users in a day were singing up on Coin base.  In my view, more number of people are now engaged about the blockchain mainstream
than 2017. Curious minds to know “How many people are joining with their exchange now? Is this really increasing or what?

I think let say it is indeed increasing due to the fact that most of the countries are now acknowledge the existence of blockchain technology and even cryptocurrencies. Simply we could say that we are getting into massive adoption. It seems government are now taking back the strict regulations they laid on it. However, we cannot remove the fact that people are just creating a multiple accounts that is very common in this industry I think.

Even most of the countries aren't knowledgeable enough, the number of people knowing the cryptocurrency and blockchsin technology is still increasing. Maybe because the build many accounts just for them to double check their safety.

So when they loss, they still have an account that can be use to recover all the money. That's a good idea, it also helps the blockchain technology to grow more around the world.

1446  Economy / Gambling discussion / Re: Bet365 Restrictions on: December 19, 2019, 04:20:55 PM
Support don't answer clearly the reason of restriction of the account.
For each account I use individual proxy adress. And as I told you I'm buying Bet365 accounts from the different sellers

Just a question, why you buy multiple Bet365 accounts when you can bet using a single account ?
Does Bet365 allow multiple accounts, if not then they may have detected your multiple accounts. Also using different VPN address is not a perfect solution as your browser may still be leaking the data.

It's a risky thing when you use multiple accounts with just changing your VPN address. I guarantee you to not use that. Double check your safety, try to use much safer vpn address or IP address for you not to worry about your accounts.

You're taking a risk that is very harmful for you. Be careful when you do that.
1447  Economy / Trading Discussion / Re: Crypto-currency exchange platforms - any advice? on: December 19, 2019, 03:11:18 PM
Planning to launch an exchange for crypto-currency trading.
Came across these guys - http://www.merkeleon.at/exchange/. Looks nice, but I'll appreciate any advice or credentials.

Thank you in advance.


Frankly speaking, a crypto exchange is a far more complex business that a paid script can control. There are hell lot of crypto exchanges in the market but only a few are good. Majority of them are prone to hacking and they don't have a plan B in case anything goes wrong! Frankly, not everyone can become a Binance like exchange!

So if you are planning to build a crypto exchange based on a paid script that are available in the market for all, please don't execute that idea!

Go ahead with the planning of creating a crypto exchange only if you have a sizable funding behind you and you have a plan B in place if anything goes wrong!

Sometimes, plan B is still not working when you do it so always ready a plan C. Maximum preparation is upto plan C, if that fails then you have nothing to do with it. Planning to have a crypto exchange is not that sudden and easy to build.

It is very complicated as you think, mostly if you're not knowledgeable enough to regulate crypto. These crypto exchanges are uncertain to try because some are good but many are scams.

That's true that they sometimes lack on security so it is prone to some hackers and errors so be careful. Think critically before engaging with crypto.
1448  Economy / Economics / Re: One faithful day that change my life. :) on: December 19, 2019, 11:25:10 AM
Hey man, sorry to hear that, I guess you need to start all over again and I know you can do it. I myself went into a similar situation of yours, but I didn't loss everything in investing or scam, but in gambling. Lost my jobs and for two f**ing years, I struggled, was ridicule by anyone I knew and people I thought that will help turn their backs against me.

In two years I was able to get back, through crypto specially in 2017. There are still daily struggles, the hard grind of life. Just focus and believed in yourself. Best of luck!!!
So you were a gambling addict who lost everything, including your job. You were jobless, yet you had money to invest on crypto currencies  Undecided? I guess you didn't lose everything. I don't know you, so I won't be judging your story.
If your story is true, it is really sad that you were ridiculed by people you knew. They should have helped you instead of judging you badly for the decisions you have taken.

At least he stayed positive even he's down in his life. That's what a strong person must do, he should overcome his own problem without relying on other people.

I'm glad that you still recover from downward movement in life. I hope crypto will help you to achieve your goals in life. Just continue wise use of bitcoin for you to never experience those again.

Bitcoin is really life changing and don't let struggles ruin your life.
1449  Economy / Gambling discussion / Re: Importance of Double Checking while playing Roulette? on: December 18, 2019, 05:45:23 PM
Played Roulette in one of the reputed casino, on consecutive bets value spend was 0.00008192 eth. For the first two bets this was the value and mistakenly for the third consecutive bet unknowingly my fingers have touched the chips based on which value can be increased. This made the further bet amount to 1.00008192 eth, and the bet lost. Further I wasn't able to go for further betting. This ended the day a loss of more than an ethereum. If I've double checked I could've escaped such a massive loss.

But in more modern casinos, you have the so-called "endorsement", that is, when you accidentally or intentionally want to play with a big chip, ask if you want to play with that amount of money.
But all in all you have to be more mean, and don't sit down with the full amount of money you have, put something aside, and play with less money, don't let it happen to you again.

Always bring a small amount of money while gambling, because one of the reason why you gamble is to bring home the bacon. It means you go to casino with a small amount of money, and you'll get out with a big amount of money. That's it.

While in terms of double checking is important in all of aspects. Not only in gambling but also in everything we do.
1450  Economy / Trading Discussion / Re: handling bitcoin volatility on: December 18, 2019, 04:43:36 PM
Everyone who has ever traded for more than a couple of hours have had episodes where their trades are wrecked because of bitcoin volatility reflecting on the whole market.

What tips do you guys have regarding protecting yourself from bitcoin sudden moves?

You should consider using stop loss. It's automated trading feature that will quickly move back your fund to a stablecoin or other pair,  giving you peace of mind and allowing you time to plan your next moves. Altcoins tend to move along with Bitcoin...this is one of the reasons some prefer Bitcoin Stablecoin pair.
Well, it is also a good idea to protect us from the sudden fluctuations of bitcoin when the stop loss tool allows us to handle trading activity even when we are not sitting and reviewing but this treatment is quite passive, sometimes the price at which we stop, that is also the time when prices can recover, so many whales often manipulate it. Therefore, we should also consider setting a stop loss for altcoins that are not too potential, for altcoins that can hold for a long time, Bitcoin's volatility making it deeper is still acceptable

If that's the case, you should still always monitor the graph or chart for you not to surprise yourself when that happens. You know that bitcoin is volatile and yet you use some tools that are not quite certain to handle. That's correct, you should not use stop loss in bitcoins because it is not stable like altcoins. Altcoins can help itself and it can hold for a long span of time.

Bitcoin are not easy to handle but we just need to hope for the better. It will soon recover from its downward movement and let's continue use it for its promotion.

Minding the graphs and technical analysis about the chart will help you to know when you will hold or sell bitcoin. To protect yourself from volatility, be updated about the news and be sensitive to the changes. Always keep in mind that decision making is includes in a positive movement on bitcoin.
1451  Economy / Economics / Re: Future without Middle men big way, but big Question? on: December 18, 2019, 02:55:12 PM
i thought you are refering to escrows because they are also called middle men and they are verry useful when transacting  but what you got here is banks ?  are banks middle men too ? but how  ?  i thought banks are the ones that process money  . uber and mobile apps you mention are also far from the middle men that im refering with  .

 banks wont dissapear at the end  but there are bankers that quit thier  job or got fired but they can still apply for other work  .
I believe that the clerks of the middle hand, and no more, are leaving the banking system as a maximum, because real bankers who know their job and have great knowledge and experience will always remain in this system and work, if not for one then for another bank  , and maybe even creating something of their own.  In any case, the banking system keeps up to date and has learned to use High Technologies for its own benefit, and thus we will not have to put an end to the future of banks.

Middle hand are the one who process our need in the bank, why will you let them loss their job? They are needed in every banks, no matter what kind of bank is that. But nowadays, the banks are just using our Technology to give services to their customers because they want high quality service for them to gave satisfaction to the customers. But let's hope for the future banks to improve their own.
1452  Bitcoin / Bitcoin Discussion / Re: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts? on: December 18, 2019, 02:01:07 PM
Yes, I sell some for holiday expenses. Its really quite a loss sell due to very low price. We really can't avoid to spend this holiday season. But of course I'm not selling it all. Its so hard to loss or not gain at all from selling it in a very low price. Buying christmas gifts are really part of the tradition for the season of giving and gathering with family.

Me, I uses my money from my work so that i'm not selling anything about my crypto. I just use my salary for the expenses because why will I use my btc if I have money in my wallet. Although, expenses are certain during december. I'm thankful because I have my job that gives me money.
1453  Economy / Trading Discussion / Re: 7 Things to Know to Become a Successful Crypto Trader on: December 17, 2019, 10:07:43 AM
7 Things to Know to Become a Successful Crypto Trader


4) Do not loan funds for investing in crypto
Avoid trading in cryptocurrencies with borrowed funds. It is a popular advice in the crypto industry that you invest only what you are prepared to lose. This means taking loans from sharks or banks is not advisable as you are risking your borrowed capital in a volatile market with no guaranteed returns.


A lot of people must read this one and stay focus with it, i not say some newbies, but a lot of people out there that think they are professional after get a profit from trading. Even real trader wouldn't think about to use people's money to make investment in his trading activity because it is full of risk. But sometime i still see people really confident to make people invest money in him and then promise for a profit. A lot of them end with lose all people's money and they forced to refund their investor's money.
That's right, most of those who dare to borrow capital to invest in crypto majority of beginners because they are only tempted by profits without requiring longer experience and deeper observation about investing in crypto.
they know the risks they face but are blinded by greed, and if their expectations are not what they want, it will be their burden because they have to return the capital they borrowed and I totally agree with number 4.

Always use your own money that you will invest in cryptocurrency. Loans can stress you out because what if you loss all your money and then you still have loan to pay. What will you do??? Mental breakdown will become the effect because you don't have enough money to pay the loan.

Always use your own money so that the profit is also all yours. You will not have to pay the loan because the money you invested is the effect of your hardwork.
1454  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: December 17, 2019, 07:59:11 AM
Well if that happen converted to cryptocurrency, Maybe it was new for the other people that have no experience from crypto but it was better way to use it for payment. It happen now some other county for being crypto as a payment, Even do in my country they adopt crypto for payment in stores even in the hospital I just found out accepting bitcoin.
Yes, for people who haven't used to it feels different while the people who have known about it gets the opportunity to use bitcoin and other cryptocurrencies without much difficulty. Probably most of the countries will have their own cryptocurrency which gets used for the transactions within the country while bitcoin serves to be the common asset for cross border transaction. Somehow there will be continued usage of bitcoin making it grow higher.
I don’t think so there is any state where internet is available is unaware of bitcoin or crypto currencies on the whole. Governments will try to launch their own cryptos in order to have control over blockchain technology and collect taxes easily from people. No matter how many cryptos get launched bitcoin is not going to lose its importance at all. It will keep acting as king of cryptos because of its decentralized nature.

Once it regulates a country no matter what knowledge they have, they will still adopt and know bitcoin because of the advertisements and promotion. By that, those people now have access about the digital currency related website and they can seek information about cryptocurrency.
1455  Bitcoin / Bitcoin Discussion / Re: What Do Women Want? More Educational Materials Before Investing in Bitcoin on: December 17, 2019, 07:38:04 AM
I disagree, men and women have different characters, most women fear loss and would rather spend their money on spending rather than investing, let history speak, since long time ago, most stock and forex players have always been men, history of famous forex and stock players in male domination.

Not all women have the same kind of perspective or thinking when it comes to cryptocurrency. It still depends on what are the things they practiced in bitcoin.

Yes, some of the women spend their money to something that isn't reliable for everyday use, but they are the one who also manage the funds in houses when their husbands gave them budget. They use it wisely, some of the women know how to prioritize things using money.
1456  Economy / Trading Discussion / Re: Profitability of Trading Bots on: December 16, 2019, 06:34:35 PM
I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers
Ofcourse! Bot does work if you do know on what youre doing but if not then dont expect for those tool to work well but dont expect or does come to a point that you do rely on it 100% when it comes to profit making.

Good thing that the bot you had set-up does give you profits but remember on what i have said that dont fully get too confident on using it up.Always secure out profits and still have that good fund management.

It still depends in many aspects like what strategies you will set to your trading bot so that while you're not active or busy. Your trading bot will still do what you should do in trading. Bots are made so that if ever you are not active like sleeping, eating, doing office works and etc , your wallet is still working and earning money.
1457  Economy / Economics / Re: Fiat Money is a Bubble on: December 16, 2019, 03:50:00 PM
Fiat money is a bubble but the probability of bursting and bubble bursting rate is very low. Money FIAT is a unit representing the economy of a country. The country's economic sectors and the type of assets it owns are guaranteed for the currency they issue. It could be called that. If the economy develops stably, the political situation is stable and they have good monetary management measures, the bubble market will not break. They may be timeless but regulated. Like some ICO projects that sell airdrops. At first the airdrop will be diluted into the market but then they will rise again.
Crypto currencies are mined or released more fragile because the individuals behind them are a group of people, a startup company. They may cancel the project or they will resell the project to another individual or company. And the FIAT money represents a nation and they seek a way for their country to exist.
Fiat money does represent a country, I think it is impossible to become a global bubble, except if the big bubble occurs only in one country, for example the economic crisis that occurred in Venezuela which resulted in their fiat currency being worthless anymore



Fiat currency reflects on what money they symbolized. It is very important for a country because economic state will see through this measures. Fiat currency bubble is more likely to not to explode or burst and can be handled and control. They are regulated properly without issues related to the management.
1458  Economy / Services / Re: bustadice signature campaign(Full) on: December 16, 2019, 03:30:32 PM
Btctalk name: AniviaBtc
Rank: Full member
Current post count: 558+1
bustadice Name: Willing to update if accepted
Wear appropriate signature: Willing to update if accepted

Willing to accept the member spot, Since the mintdice campaign is ending I want to apply on this campaign sir.
1459  Economy / Trading Discussion / Re: Newbie looking for some strategic advice on: December 15, 2019, 06:35:34 PM
I think even you are newbie trader you have a little knowledge about it and for sure I believe that someday you can choose and discover the strategy that are good for you because it depends sometimes your strategy in your patient. But mostly if the trader are newbie we are recommending for longterm holding because less risk and high return for me base on my experienced than shoterm.

Newbie trader are not that knowledgeable that's why they are called NEWBIE. That's the reason why they are here because they want to improve and develop themselves into a better trader.

We are the one who is responsible to guide them and share our strategies, the do's and dont's in trading.

I suggest for you to become patient always and hold for the mean time because we're all hoping that bitcoin will go back again and go beyond $10,000 in the future. Just hold and be disciplined about your money and the actions that you'll going to execute.
1460  Economy / Economics / Re: New law enables german banks to sell and store cryptocurrencies in 2020 on: December 15, 2019, 05:44:38 PM
I always knew this was gonna happen but i am surprised it is happening so soon. Grin
It depends on the country I guess. Germany has been far ahead of other countries in terms of crypto regulations, and as far as I have read into it, they seem friendly and open enough to allow crypto to gain more ground.

The thing however is that we need more countries like Germany being open to crypto. Everyone is looking at what the USA is doing in terms of regulations, but it seems that they are not as open minded as Germany is unfortunately.

I hope more country should adopt to digital currency as a part of their economy. Not all country's governments are knowledgeable enough to understand how cryptocurrency works. Governments from other countries just get the taxes of cryptocurrencies from exchange and that's very unfair.

Germany is really developing its economy because of the digital money the provide to their citizen.

Many people nowadays are using crypto and they should allow people to freely access their money through adoption of the government.
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