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1461  Economy / Economics / Re: Life is a puzzle ! on: April 21, 2022, 04:15:05 PM
Execution of proper life cycle is something. However, I disagree that everything you mentioned in OP has to be followed. Some of people may not even marry in their life but still go for successful life. Some of them may not even have proper formal education but still be successful based on their other life skills, many of them actually turn into best entrepreneurs in the world.

On an average common person has to go through professional education these  days and have decent job. If such person does not have much of internet in side incomes and is stable on their salary then they should just follow the same. Otherwise go for more options. Whether to marry, have kids, grow families is entirely different story.
1462  Alternate cryptocurrencies / Altcoin Discussion / Re: Some projects are fated to doom? on: April 19, 2022, 02:17:38 PM
That’s definitely not new in the crypto. Since the inception, many projects are working hard but unfortunately they change the minds in between. I could only think of reasons like money greed, internal team issues, not enough publicity. However, I believe it’s the first reason which makes them go crazy about it. I’m stun with many projects such as spacebits, gems, xfc, towerbee, are some of the projects who raised huge sum of money initially and they got published a lot. However, soon after its breakdown investors started pulling out their money and projects ended up in junk yard.
1463  Economy / Trading Discussion / Re: Can newbie become rich with trading on: April 19, 2022, 12:07:26 PM
It’s hard until you say so! I have seen my circle getting permanent in trading for their daily wages. Nothing is impossible, there are tuitions, online free classes, videos blogs for everything these days. If you really want hop in then you just need to be very consistent with learning’s.  Rest of the success will follow.

Everyone is newbie until you grab the knowledge about the topic.
1464  Economy / Economics / Sitaraman pitches global framework to prevent crypto currencies Anti laundering on: April 19, 2022, 10:54:18 AM
The news came in today on e-reader recommended list. The Indian finance minister Sitaraman is on US visit for official meeting of International Monetary Fund and World Bank. These are just every years spring meetings followed by her visit to G20 Summit as well.

She spoke regarding her agenda and one of which is to overcome the issues of money laundering which is being done using crypto currencies. The vision is clear, create Intenrational framework and if it is digital then all the countries has to work together on technical platform itself.

Her tone does not seem to be aggressive but positive in regard with usage of crypto and that’s why she said just to keep track of buyer and sellers, India imposed 30% tax on the same.

Quote
India has pitched for a global framework to regulate crypto currencies identifying their use in money laundering and terror financing as the biggest risks for all countries.

"I think the biggest risk for all countries across the board will be the money laundering aspect and also the aspect of currency being used for financing terror," finance minister Nirmala Sitharaman said at a discussion on “Money at a Crossroad” hosted by the International Monetary Fund (IMF) in Washington DC.

The minister added that no country could handle these alone and they can be only regulated when countries come on board together.

She added that India had introduced a 30% tax on Cryptocurrency to keep a track on who was transacting in these assets.

"How can we keep a trail following these transactions which were happening. After all these were electronic codes eventuallyq. So we wanted to be sure. So through that (30% tax)we will be able to know who's buying and who is selling it," Sitharaman said.

Sitharaman is on an official visit to the US, to attend the spring meetings of the International Monetary Fund and the World Bank.

Sitharaman will also attend the G20 finance ministers’ and central bank governors’ meeting there and will meet World Bank President, David Malpass.

Sitharaman is also scheduled to meet business leaders in San Francisco and will also interact with the faculty and students at Stanford University.
Source: Economic times - Sitaraman US Visit

I am not sure how effective the discussion went or if anyone is even thinking about this, but could be a good pitch ahead in terms of development.


1465  Alternate cryptocurrencies / Altcoin Discussion / Re: Avalanche - $350 million Finance at $5 billion. on: April 19, 2022, 09:28:43 AM
Interesting news coming up from the Avalanche founder Emin Gun Sirer who is professor at Cornell University.
"Professor at cornell unviersity."


It is extremely common for university professors to have connections to banks and big tech corporations. I would expect avalanche's long term roadmap to resemble ethereums on the basis of ETH policy being influenced by its partnerships with microsoft and JP morgan.

Yes, I am also very impressed with "professor" annotation because the number is always growing. There is one deep routed fact here, Universities easily get fundings to research new tech or they can have donations all the time. Its get even easier with PhD students working on the fellowship to help them. The major factors are easily taken care of - "investment & resources"

The high speed low transaction fee market appears to be hotly contested at the moment. Similar to the stablecoin market blowing up after news of tether destroying 500 million coins of its own supply hit.

To be bit the current requirement of lightening speed transactions that is prime factor taken into consideration of roadmap. Tether had to do that dump to recover its over-supply. Since emission is unlimited, they are also in fear of inflation all the time.

Financial markets in 2022 are often plagued with politics and conflicts of interest. My personal preference is independent development by Satoshi Nakamoto over start ups with ties to university professors, big tech and banks.

Possible there are many more uni's are already working on such projects.
1466  Economy / Gambling / Re: 🚀 WINZ.IO 🚀 $50,000 CANDYLAND QUEST 🍭 WELCOME BONUS: 300 FREE SPINS 🎁 on: April 18, 2022, 03:59:46 PM
We have reviewed Winz, finally!  Cool

Check it out: https://www.btcgosu.com/review/winz-io/

I gotta say this is exclusive review about the site. I did not know about your website earlier and it’s pretty awesome work you have done there. The review about winz got around 4.6 rating out 5 and that’s just done correctly. I always knew the site stand out because of one important thing: Their free spins every week. I have not come across any other casino which is giving away so much free spins out right. So definitely that’s particularly eye catchy.
And yes, the Winz VIP club is definitely premium feature of this casino. Good work!
1467  Economy / Trading Discussion / Re: Experience of using a cryptorobot on: April 18, 2022, 12:01:06 PM
That is pretty impressive how bots are really working up their ways with trading. Im not sure how successful these bots are but 25% looks just awesome. You should keep sharing your experience further so that we can know if the bot had lucky chance this month or is it really good in any situation of the market whether it is bull or bearish. Better keep sending the updates in this thread next time you come up with profits. Moreover, its also worth sharing your settings so that fellow members can understand how you playing with the bot with such high score.

If you want the long story short? You won’t make any money off them. They are typically scams.

If they actually worked the developer would just use it himself instead of giving away for free or a small fee. You would be pretty much in competition and he would make less money, so why give away a strategy that works.

You just gotta learn to trade on your own.

Its true but there are many stories out here regarding the profits being made by bots. I don't know if it's entirely false but no one would just buy the bots if they were not working.

Learning yourself is entirely different career I believe.  Smiley
1468  Alternate cryptocurrencies / Altcoin Discussion / Re: Avalanche - $350 million Finance at $5 billion. on: April 18, 2022, 11:29:32 AM
Interesting. I thought if this news is being floated around it means they do have some good fan base. Unfortunate to see that project is not at all famous on the forum which is the almost amongst the first place where we discuss these things.

Its not like they have not raised any sort of money. As the article stated they already had 5-6 million USD in the earlier days of the project. However, I get it, many ICO's already doing this and its not big deal if the marketing is done right.

Hello, Sir!

I like your article and Avalanche is very promising but your following claim is not true:

AVAX which is token for the project is already valued at $21.50 billion.
Yor claim is wrong, AVAX is not a token, it's a coin.
Avalanche is not running on Ethereum platform, it's an own Blockchain. Can you please correct it, Sir?
AVAX is a coin.

Thanks for the heads up however, it was just picked up from the article.

Unlike Ethereum & Solana model, Avalanche is trying to be best by offering higher speeds of transaction and lower fees. 
Lol what? Literally almost every other alternative layer-1 platform(Solana, Terra, Cosmos, Near, BNB chain, etc) are trying to compete by speed and low fees. Only Ethereum and a few others are trying their best to keep the blockchain size small(hence slower and more expensive).

Yes on technical side that is also true. However, the question is why would they claim they are faster than Solana and ETH one? Will it matter if the blockchain size keeps growing bigger because if that benefits us with speed and fees then why worry about it. It's gonna take the virtual space anyways. Hope to know more about it, how it helps.
1469  Bitcoin / Bitcoin Discussion / Re: BTC in the Eye of the Storm, According to Glassnode Co-Founders – Here's why ! on: April 18, 2022, 10:49:35 AM
I think 100 mln 200 mln USD moving here and there out of crypto is really really normal thing. I never got excited with such amounts because these are seriously just hundred to thousand in bitcoins which could be exchanger profiting for their business and taking it out? Or May be institutional share holders selling in bulk. It could be just many more things out of hundred so never judge that Crypto is going down because of a problem. Rather such investors will always take opportunities to rebuy once they get the chance.
1470  Economy / Trading Discussion / Re: Does trading really works? Likely based on guesses on: April 17, 2022, 09:32:51 AM
What do you know, there is increased awareness in the trading learnings. More and more professional courses are coming out in the country these days who will be teaching you how to trade effectively with the help of Technical Analysis. Honestly, more and more individual traders are out there rather than brokers now. The brokerage world is mostly for the bigger players.

Trading does not work on guesses. Im not sure a decade ago, but in the timeline Im pretty sure people are more and more aware of the knowledge based tradings. People are going crazy from leaving job to making the trading as full time work. So not sure if your guess is right.
1471  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH paper wallet code on: April 17, 2022, 08:04:58 AM
Not particularly well-versed in creating a paper wallet in bitcoin, let alone for altcoins, but you can check this thread.
- [Guide] Create an Offline Wallet For Bitcoin and Altcoin Only Use 1 Paper

On a side note, isn't it preferable to use a hardware wallet rather than a paper wallet that's conventional and difficult to use? Or if you don't have the budget, you can just use a custodial wallet.

Same thoughts here. There is literally no to zero craze about the paper wallet unless and until you are too old guy who loves to read stuff on paper and consider it as valid proof. Anyways whenever you have to use it, you will need to access the Internet and you can not just send the paper wallet if you want to pay. I mean, at the time of creation you will have your private keys generated and printed so it would not be viable to send it to others as trust issue would always be nearby.

In addition to this, you can always loose your paper wallet way way easily. So better keep it online, make copies, and have safe cryptoying!
1472  Economy / Trading Discussion / Re: I found telegram chatbox where traders can talk live about trading on: April 17, 2022, 07:03:36 AM
There is chat box you talk live with other traders aand post your crypto projects and ideas to share with others there.
Global people you can make fastest way connections there

World Crypto Network
https://t.me/cryptonetworkofficial

That's called "TrapBox" and it has function called as scamming people with their money. With atomisation comes the greatest risks ever. Telegram is one of the social platform which is highly equipped with the crypto projects. It is one of the prime location where crypto trades, pump dump signals, announcement groups and token groups are made to socialise. The problem is, there are people who love to take an advantage of these things and they lure you into something like we will send you info about this coin signal and that coin signal, in reality they are the one who are holding those coins in their wallets at lowest rate and they just take your help to pump it. So in short, its time to exit that "TrapBox".
1473  Economy / Economics / Re: Russia announced a default on foreign obligations!!! on: April 17, 2022, 06:30:24 AM
No, I understand that now some will sing the mantras "this default is not such a default", "this is not the correct default, only Russia should declare it", "we all believe that it is not such a default". But a fact is a fact - Russia has not been able, and will not be able in the foreseeable future, to fulfill all the conditions for calculating external debts! please tell me - who needs the ruble, if they lent dollars or euros? There is no need to tell "at least a ruble is better than nothing" - there will be no option with "nothing", there will be a forced seizure of assets, there will be a fine, there will be prosecution of assets around the world. And so many more times - this year Russia is waiting for at least 2 huge payments! Smiley

So what happened that the "greatest economy" suddenly ran out of dollars? Smiley

It could drain out easily. The foreign reserves are actually maintained by central national banks and only spent as and when required. I’m pretty sure after the war broke out and businesses went down (MNC’s), they had to sell out most of the asset and on the other hand they might have imposed with restricted transactions. With the time Putin got more sanctions and thus the foreign repository might have been used to recover the unwanted expenses off shores and fund the current war operation. Imagine share market situation within Russia, Ruble devaluing Like hell and foreign reserves depleting. Seems like disaster.
1474  Economy / Gambling / Re: Online casino. What's the reliability of the technology? on: April 17, 2022, 04:22:43 AM
RTP is basically how much amount of money is to be returned to the player after the stake has been placed. For example, if I’m placing 1000 USD in single bet and if the RTP for the particular slot is 97% then ideally I would be returning around 970 USD Back to me. Obviously no casino would have slots with more RTP than 97% because they also have to win and profit.

It’s more or less mathematical system rather than some sort of programming that goes into it. In addition to this site always looks after how much profits and wins been placed sitewide.
1475  Alternate cryptocurrencies / Altcoin Discussion / Re: [DEBATE] Are meme coins ruining cryptocurrencies? on: April 16, 2022, 07:18:35 AM
I think meme coin is just another stream in the crypto space out of hundred. I mean there hundreds of different projects out there and everyone serve different purpose here. I mean some of them are based on financial systems, some are gaming based, some are promoting the arts, some are just to scam, and some are like meme coins and many more. Its like saying are NFT's helping prospering the crypto currency market or whether NFT is ruining the crypto space? You get my point here? Meme are meme's with their specific portfolio such as low value, diluted market, unlimited supply, just there to joke on social network and use their funny pics. The value rises based on pump and dump volume rather than its use case. So it's either flourishing in its own universe or downgrading itself. But as whole crypto remains unhampered with it.
1476  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: April 16, 2022, 06:56:47 AM
I don’t think those complaints mean anything unless they’re backed with proof, because I see many user’s complain but when we’ll ask for proof they’ll rant and then they’ll disappear [...]
Once a casino reaches a certain size and a certain number of users, it is inevitable that some people will complain and try to put the casino in a bad light.
One should also not forget that some players do this intentionally and, for example, deliberately violate rules in order to demand money or something similar afterwards or threaten the casino.

As long as this does not get out of hand and the complaints increase, I have absolutely no concerns about Roobet. I have hardly seen a casino that is so open to the community and does so much for the community.

Roobet is far away from getting any negative marks now. They have already achieved highest trust level in the world of Gambling. This is the gambling site which always and most of the time has its thread up in the gambling section because its in talks all the time. Even if we surf through this thread, most of the time I am reading good discussion such as promotions, high wagerers discussing, new art contest, games and rounds! Its full of fun and joy I think rather than complaints around here. So for me, Roobet has always done far beyond for its client base. Most importantly, they keep spending huge on their users through the promotional offers.
1477  Economy / Economics / Re: Is crypto the final stage in the evolution of money? on: April 16, 2022, 06:19:54 AM
As of know we are from the final stage of evolution. Bitcoin is yet to be accepted fully throughout the world. Most of them started to consider it as way to do criminal activities when we came to understand few FED cases back in the year. Even if you have watched few Netflix series based on criminal genre then they have literally portrayed it in the same manner itself. Like smugglers getting paid in the form of Bitcoin for anonymous transaction.

I had to mention it on top of good stuff that we hear because these kinds activities are also growing negative impression of bitcoin on the Governments. Though decentralised in nature we need Government to give permissions to use if done in main stream adoption. Otherwise we all know how they keep bragging, this is illegal, that is taxable, etc.
1478  Bitcoin / Bitcoin Discussion / Re: Have you, or would you ever use a Bitcoin ATM? on: April 16, 2022, 05:50:33 AM
Excellent reading this thread and how everyone’s experience is completely different from location to location I guess. Because of the members claiming that they can only withdraw up to $100 everyday if you don’t upload your documents and daily limit is 2-4K USD (?).

However Some of them are able to withdraw it irrespective of their documents requirement and limitations everyday. This must be from USA since most of the ATM in US are just easy to use scan your QR and get the stuff!

However, I see no point in scanning documents if bitcoin is decentralised.
1479  Alternate cryptocurrencies / Altcoin Discussion / Avalanche - $350 million Finance at $5 billion. on: April 16, 2022, 03:59:20 AM
Interesting news coming up from the Avalanche founder Emin Gun Sirer who is professor at Cornell University. With the increase in applications of Avalanche after famous poly chain and Solana, the project seek huge amount of finance being valued at $5 billion USD. The demand came in after careful analysis of increasing use case, such as 250 different apps are running on Avalanche. These include decentralised financial streams and Gaming apps.

Unlike Ethereum & Solana model, Avalanche is trying to be best by offering higher speeds of transaction and lower fees. 

AVAX which is token for the project is already valued at $21.50 billion.

This alone tells the story of Avalanche and its excellent roadmap. The fundings seems easy to come by for this project. Avalanche has around 170 employees and already had raise of $6 million when they first started up.

Do you think Avalanche is to get $350 million considering its current development?

Quote
Ava Labs Inc., the lead developer of the Avalanche blockchain, is in the process of raising a new round of funding, according to people familiar with the discussions. Its new valuation would make it one of world’s most highly valued crypto startups.

The company, founded and helmed by Cornell University professor Emin Gun Sirer, is raising $350 million at a $5.25 billion valuation, said one of the people, who spoke on condition of anonymity because the round hasn’t been made public.

Avalanche is attempting to compete with the likes of Ethereum and Solana by offering high speeds and low transaction fees for applications ranging from trading and lending to games. It has been gaining traction with users and developers, who flocked to the Avalanche Summit in Barcelona in March. Almost 250 active apps are running on Avalanche, many of them in decentralized finance or gaming, according to tracker DappRadar. The related AVAX token has a $21.5 billion market cap and its price is up about 19% over the past month, according to CoinMarketCap.com.

Ava Labs is raising money even as crypto markets remain choppy, with Bitcoin well down from its November all-time high amid worries over Fed tightening, inflation and Russia’s invasion of Ukraine.

Last year, Polychain Capital and Three Arrows Capital led a $230 million round in the Avalanche public blockchain ecosystem via a token sale that benefited the Avalanche Foundation. In 2020, Ava Labs raised $12 million for the project through a private token sale led by Bitmain, Galaxy Digital and others.

Founded in 2018, Ava Labs also raised a $6 million round in 2019, from investors including Andreessen Horowitz and Polychain. The company has 170 employees, according to PitchBook.

Representatives for Ava Labs didn’t immediately respond to requests for comment.

Source: Bloomberg News
1480  Economy / Economics / Re: Man spent $150 eating every meal at Six Flags since 2014 to pay off student debt on: April 15, 2022, 06:25:15 PM
That dude was definitely very keen on changing his life into better one. Might be struggled since his childhood because such ideas can only come to those who are seriously needy ones and who has seen worst days in their life. Such people definitely knows the importance of money, time and passion for life. Even though he may have not been struggler then also last part applies to him. Otherwise most of the time if we are earning good salary then we usually become lazy bums and our life circle keeps rotating around the clock. We don’t go and find such life hacks. Good share. Inspiring.
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