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1521  Economy / Economics / Re: Future without Middle men big way, but big Question? on: December 03, 2019, 04:39:10 PM
There is no need to worry much on middlemen or any intermediaries as technological revolution may boost some business and may eradicate some other business. This is how the entire world is working so far. Those people will switch over to new business/employment or go innovating to add new features to their existing system so that may keep their customer-base intact. But, here the most versatile thing will survive as people will choose the convenient one rather than sticking with existing with current system.

Bitcoin is here to provide a trustless payment system. It means you do not need to depend on your government for storing your hard work in terms of money as money will lose its value over the time due to inflation reasons. Bitcoin will ensure that you are not trusting anyone but yourself when you choose to invest your money into bitcoins. This does not mean banks will find its hard time to survive as most people may not trust themselves to adopt bitcoins as bitcoin is known for wildly fluctuating. Until, bitcoin finds stable prices, banks may exist hence middlemen will find some jobs to survive Smiley.
1522  Economy / Economics / Re: Trading on: December 03, 2019, 03:07:34 PM
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
There is no way to be safe in trading, simply because of the negative news that the market may collapse quickly. So my advice to you is to be smart in trading, find out the news that can affect the price of altcoins especially bitcoin. In order to avoid a deeper losses.
That must be the simple reason why I would always suggest to anyone who are all preferring to enter trading to go for Hodl (long term trading) that would benefit them more than short term. Short term trading carries a lot of risk and you might not be okay with losing that money yet. Of course you can lose money in Hodl, but the price can still get back up as well.

Everything here is all about risk in this crypto space, and you should understand that and be ready for it. But, if short term trading is something you would like to get into then you will have to make out time and learn it. It's not something you will learn just in a day.

There are lots of things you have to learn and that includes technical analysis. You have to know how to read the chart perfectly and make the right decision. Being profitable in trading will not be possible from day-1. A trader must need to be competitive against market fluctuations for that continuous learning and practicing in real market is more important. So, adopting easy way of trading like holding would be much better way to crack easy profits over the time.
1523  Bitcoin / Bitcoin Discussion / Re: So, What did you buy with your bitcoins on Black Friday? on: December 03, 2019, 01:04:09 PM
Nah I didn't buy anything using Bitcoin, but I did buy a lot of things online on Amazon on Black Friday, but not with Bitcoin. I don't really buy Bitcoins to use them for buying things online, my main aim of buying BTC is to keep it as a savings or investment. And by the way, I don't like how the using–of–Bitcoin for buying online works; the process it takes and the fact that there are no protections in place if it happens to be a scam or maybe the product isn't what you need and things like that.

Bitcoin = savings account
Fiat = daily spender
Right man, that's the same thing with me – any money I put into Bitcoin is to be saved, so I don't spend them on just anything. I spend and buy whatever I need using fiat only.
1524  Economy / Gambling discussion / Re: What are crypto casinos/dice houses not caring about multiple accounts. on: December 03, 2019, 07:22:32 AM
Also gambling houses should stop the users initially, when they come for withdrawal stating you've got multiple accounts doesn't look to be a fair thing.
It is fair in all sense. They cannot freeze your accounts when their ToS has no mention about multiple accounts or anything about abusing their system (usually bonus/give-away) using more than one account. So, they reserve the rights to lock a suspected account at any time they catch. Houses go freezing out mostly at the time of withdraw due to the obvious reason of their last check point where they lose all the control over a gambler.

In some other perspective, a gambler opens more than one account and may deposit or not but plays for some time and develop some gambling interest and may get eligible to withdraw but house catch them and lock all the accounts. Now, house helped a person to be a new gambler.

If that gambler deposit some money to gambling bankroll with one of their multiple account and plays and lose some portion of it, again houses welcome that until they opt for withdrawing. These are the reasons why all the houses are locking out at the point of withdrawing and until then allows gamblers to enjoy.

Gamblers usually have two accounts only, 1 for betting and the other one as bank account.
As bank account? It is a news to me Cheesy. Probably OP wants to have more number of bank accounts Grin. Are you using any gambling houses as your web-wallet? Are you saving tx fees by doing so?
1525  Economy / Gambling discussion / Re: 2020 NBA Season on: December 02, 2019, 02:50:12 PM
I can't believe how great Raptors have been but I seriously think Clippers will have a bit of trouble on the playoff part. I mean PG13 has always been a very injury prone player and Kawhi is well known for missing out games, now they are back and they are looking like they are decent, don't get me wrong I would give them the biggest title chance with both Kawhi and PG on the floor but right now Lakers are looking like a well oiled machine (even with the Dallas loss) so I feel like maybe we have overreacted on the whole Clippers thing?

Maybe, just maybe Lakers were better all along? I know we gave up hope on Lebron last year because he realized he wouldn't make it to playoffs and gave up but we all are seeing how hard he plays out there now, Lebron playing with a heart is actually very terrifying.
1526  Bitcoin / Bitcoin Discussion / Re: Why Satoshi hides his identity? on: November 30, 2019, 10:21:42 AM
Almost every day a new person comes up with the claim that he/she is the real Satoshi. The real satoshi surely does not want any kind of fame. If he/she/they want fame he could have disclosed his identity earlier. But what could be the possible reason that Satoshi still hides his identity? Does he have a big plan for the future?
I can't really tell why Satoshi Nakamoto is hiding, but I have always thought of the possible reasons that can cause him to remain anonymous and things that always comes to mind are – maybe he's hiding from the wrath of big banks?

Although I have seen some people claim that banks are not worried about cryptocurrency, I don't think that is true. Central banks are run by influential people, and I don't think any of these people would be happy seeing Bitcoin ruin their businesses for them. The next thing is the angry Wall Street, lol. People like Warren Buffet are seriously against the use and investing in Bitcoin, and that's another long story, you can search that up on Google.

Other things that also comes to my mind is that maybe he's someone that likes privacy or he's ...dead? Sad But in the other way round, if there's a risk in being Satoshi Nakamoto, then why are people still claiming to be him? Well, I'm just really confused anytime I think of this.
1527  Economy / Gambling / Re: Stake.com SPORTS BETTING NOW LIVE! 🏀 ⚾ 🏈 🎾 🥊 on: November 29, 2019, 07:41:56 PM
Look at those odds 🤑
Who's going to win the Champions League? ⚽


It is weird to see Liverpool being so well powered engine that goes very well in the premier league but at the same time on champions league Manchester city looks to be a better candidate to win it all. Look at the futures in almost all sportsbooks for premier league (some even closed it lol) and you will see that Liverpool as the highest candidate to win the premier league with the best odds to get it, now in champions league if an opponent was from any other league I would have said its expected and could totally possible but when a team from the same exact premier league becomes bigger chance to win champions league, that sounds a bit weird.

I don't disagree with it btw, I too think city has a bigger chance of champions league versus premier leagues Liverpool.
1528  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: November 29, 2019, 06:16:57 PM
The deal is, when you are a huuuuuge sportsbook, you don't need to provide anything, if you already have a customer base that is huge and doesn't require you to get more customers like the new small ones, you can omit the foul ones, hell you can omit the corners and even "who will get a red card" or whatever. Because even with the cliche good old "who will win" as a pure state and some over/under or handicap and what not, you can already keep the base going.

But, if you are a place that is new and want to get bigger very quickly all around the world that means you may want to add in stuff like fouls and maybe even the coin toss, there was a guy who ran a place that literally had a 1% house edge "who will kick off" type of gambling, he was doing it illegally so it got closed after couple months but dude made money on just "kick off" prediction market.
1529  Economy / Services / Re: [OPEN] blender.io Signature Campaign | Sr./Hero&Legendary Members | on: November 28, 2019, 08:02:18 PM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=555841
Current amount of posts (including this one): 1617
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1530  Economy / Economics / Re: If we can see a country with 'Bitocin standard' monetary system on: November 28, 2019, 06:48:58 PM
Uuhm, I don't think you're right. I like Bitcoin, and I have always thought the same until I realized that Bitcoin is not meant for that purpose. If countries should switch to making use of cryptocurrency I don't think it's going to magically make our economy better, make everyone rich and turn every country into paradise on earth.

As long as we continue with our evil ways and politicians remains the criminals they are, then nothing is changing, we are still going to continue to face the same problems we are facing these days. Is in our hands to decide whether things get better or not, Bitcoin is not a magical spell or whatsoever you think it is that's going to bring solutions to our problems. No matter what you do, there will always be those that don't want things to get better, they are the ones we need to tackle.
1531  Economy / Economics / Re: The Government-Backed Digital Dollar (USD) on: November 28, 2019, 04:53:45 PM
Are you sure about cashless society? Do you think that having a digital version of the currencies we are using today will stop the use of paper money? It's not going to happen like that. You need to do your research properly. Digital money is only going to make transactions easier, we won't be making use of long processes to send money abroad, that's the reason for digital money. When you have a digital money you can then redeem it for the real one in banks.

JP Morgan Chase have already created a prototype cryptocurrency, you should check out their website to know more about it. If that turns out to be a success other Banks will do the same. I believe that as time goes on and we begin to have digital currencies there will be special wallets dedicated to it, other online payment processing companies like PayPal might be part of it in building a wallet that will allow users to receive the crypto version of every currency and then redeem it to their bank.
1532  Economy / Gambling / Re: Betroar.io – Try Bit Brawlers! 💰 UPDATE 11/26: .001 BTC Airdrops Extended! 💰 on: November 28, 2019, 04:10:12 PM
These kind of stuff happens. For example, on dice websites there is an epidemic of "slow withdrawals" just because there were some people who wanted to use the double spend method to make money, they would not lose any money because before the transaction happens they simply send it somewhere else and that would end with them not losing any money, at the of the day if they win they win but never lose.

So, all dice websites forcefully went to manual withdrawal to check every single one of the withdrawals instead of the old automatic ones. Now, that is just the problem of the dice websites, for example freebitcoin is dealing with faucet abusers as well, casinos have a lot of people who try to abuse and destroy and even bankrupt them so its totally understandable.
1533  Economy / Gambling / Re: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ on: November 28, 2019, 03:37:14 PM
My suggestion to attract new players would be hosting a wagering contest with slightly changed rules, eg. a "christmas special". The rules would be as follows:
- Windice picks a number between 0.1 and 3 BTC, eg. "2,214321" keeps it a secret until the end of the contest
- Every player has to wager the amount he or she thinks is closest to the picked number.
- The number picked is revealed at the end of the contest and the Top 10 players who wagered amounts nearest to that number are rewarded

This variation has the advantage that anyone can win, from a small fish to a big whale. Winning the contest doesnt depend on how big your stack is but how lucky you are and how close your bet is to the secretly picked number.
I doubt that this idea will ever become real and it should not be even tested if you ask me. Yet if you want to actually know how we could potentially turn it into a provably fair one, you could pick a block after the contest ends and do it that way with the seed and all? I mean everyone plays from day A to day B and when it is over on Day B we wait and after that on Day C we get a block and a seed and see the result depending on that.

Hence, you can do this weird contest which I still think should not be done could still be done with provably fair method without giving any power to anyone. I am not entirely sure if that is the only method but it is at least one method that could stir up some more attention and get this website back to those 10+ btc days unless they want to just stay still.
1534  Economy / Speculation / Re: Bizarre crash! What cause bitcoin crash?? on: November 27, 2019, 04:04:06 PM
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty  of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?
You can't really tell what is causing the price of Bitcoin to fall. But, mainly it has always been supply and demand. Most people believe that when the price of Bitcoin is low then it means that there is a lesser demand for it than there is to supply - when there is an increased demand for it the price will go up as well. There are lots of people that are trading Bitcoin every day, so anything can happen at anytime, there are times supply can get higher than demand.

There are other factors that can influence the price of Bitcoin - like regulatory changes, a decision that is made by the government. Next is political events and the media. Explaining all these is another long story, would be better for you to do your research on it.
1535  Economy / Speculation / Re: Is the halving a catalyst for a Bitcoin price bubble? on: November 27, 2019, 12:32:21 PM
I'm thinking maybe the decrease that we are seeing right now is due to the halving that is coming. After the halving there will still be another decrease and that's for sure, but the question is when will the bull run be, is it going to be after the halving or before the halving?

I have seen a lot of price predictions by experts, some of them claimed that there will be an increase this year and this year is coming to an end and the price is still down to $7000 plus and still showing signs of decreasing. Halving is still far though, around May 2020, so does that mean there is a chance that bull run will take place before the halving? Maybe the price will go up and after the halving it will go down again. Best thing is just to keep on holding, if you can.
1536  Bitcoin / Bitcoin Discussion / Re: Paypal CEO Is a HODLr, but Only Owns Bitcoin on: November 27, 2019, 10:12:34 AM
Bitcoin is the best cryptocurrency, and right now the only cryptocurrency I am holding is also Bitcoin. I stopped holding cryptocurrencies, I don't see the need for them, I don't gain much from them and sometimes I gain nothing, and I don't even use them for transaction, so I have decided to just stick to bitcoin for now, though after 2017 I was looking into buying Litecoin, not sure about that yet.

But I don't think PayPal will agree to add Bitcoin to their app. That their CEO is investing in it doesn't mean that they are going to add it, they might feel it's not fit for their business. Their CEO is not the only one that makes a decision, it's something the executives discuss and I know for sure that some of them won't be in support of it. Anyway, it doesn't even matter, whether they add it or not, Bitcoin always grow.
1537  Bitcoin / Bitcoin Discussion / Re: Why would one pay $7K for Bitcoin if he/she can get the same thing for $0.001? on: November 27, 2019, 08:28:32 AM
When you have a company and that grows to become a big name in the industry, people would prefer your product more than others even if they are offering something better than what you have. I think people are into buying names and not products lol.

It's just like social media like Facebook: I see a lot of people that complain about Facebook having bad security and selling users information, but these people continue to make use of Facebook despite all those claims, does that mean that there are no other social platforms that are better than Facebook? Well, you can answer that.

So, that's how it is when it comes to cryptocurrency. Yes, I have seen a lot of altcoins that claims to be better than Bitcoin and do what it does better and for half the price you will pay when making use of Bitcoin for transactions. Some of them claim to be faster, while other claims to have better privacy and security. But people don't care about all that, all they know is that Bitcoin has already made a name for itself and it is safe, they don't have any problem using it, any other crypto claiming to offer something better is just wasting time.
1538  Economy / Gambling / Re: MintDice – Bitcoin Casino With Online Slots, Bitcoin Crash & Bitcoin Investment on: November 27, 2019, 07:48:04 AM
Maybe signature campaigns are just "that" and nothing more. It only makes people remember you exist and that is how you stay afloat. When you do signature campaign and get new people that is good but when you stop it that means you are leaking customers, there will be more people going out compared to coming it.

However, when you keep doing signature campaigns that may equal to actually making people comeback as well, they might have left for any reason at all and eventually after gambling in other places as well they might think "maybe I should give it another chance" and comeback. Signature campaigns basically keep making see your name over and over again and when you have like a contest or a promotion etc you could showcase that which would make them comeback even faster.
1539  Economy / Gambling discussion / Re: Do you have control or not? on: November 26, 2019, 11:51:00 AM
Can you consciously and willingly stop gambling at any time?
If you can do the above, you have great control and discipline, of course you are not an addict and you deserve to gamble as much as you want.
Stopping gambling at wish must be a good sign but that does not mean that you can gamble as much as you are able to. I mean there should be some limit even you have full control over your gambling and control on stopping it at wish. When you gamble unlimited, you may start losing your control on yoru gambling activities. That is a dangerous one, you may remain a disciplined gambler only when you gamble limited.

most people, when they reach the intermediate goal, continue to play until they lose everything. Therefore, you need to choose the right time to get out of the game without loss.
How to choose the right time is the million dollar question. If you are able to reach your intermediate target then why not continue until your final-target? A control on stopping is possible for every gambler but they do not know what is happening next so they lose. If I know I will lose all my bankroll on 25th bet then I will stop on 24th Grin.
1540  Bitcoin / Bitcoin Discussion / Re: Bitcoin The Worlds First CryptoCurrency ! What does this mean for Bitcoin now ? on: November 26, 2019, 08:24:11 AM
Sorry, Bitcoin is different from all those things that you have mentioned here.. Being the first cryptocurrency gives Bitcoin more advantage over other cryptocurrencies in the market. If you check, investors are always interested in Bitcoin more than altcoins. A lot of people these days don't even trust altcoins, they only trust Bitcoin because it's the first cryptocurrency. Most altcoins that are created ends up not succeeding at last. And lastly, there are people who will at some point, withdraw their investment from altcoins and invest them in bitcoin.

So, there are lots of advantages to Bitcoin being the first cryptocurrency. It's less likely to die off like other cryptos. And the way I see it, it might not.

When you say Bitcoin is backed by nothing do you understand what that really means? Something that is backed by nothing cannot be reliable nor trusted. Bitcoin is backed by the people, investors, traders, its unique features, online assets etc.
Very soon when institutions starts to invest their money in Bitcoin it will start to grow and will be backed heavily. Though there are people who are against having institutions involved in Bitcoin. For now, it's the people that are backing it.
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