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161  Economy / Economics / Re: Does halving really create deflation? on: November 30, 2019, 05:21:14 AM
Make your salary as an example.
This year you are gaining $100 then next year you are just gaining $50 for every payroll.
You will ask yourself why?
Is our economy getting better or is it just that the prices of necessities is getting cheaper.
It could be the same.

Now, the halving is coming and miners will have problems also with economy. They are paying electric bills in high amounts while the ROI is not being  reached.
Same as your salary. It needs to be proportioned with how much you will receive.
Indeed the halving will decrease the rewards of miners by half but still they are making some huge earnings. Do not consider miners as some common people who cannot afford electricity bills. They are actually the real whales. After one successful mining, a miner gets almost 12 bitcoin at present. Even if we half this amount, 6 bitcoin is not a small amount at all. Miners can also manipulate market.
162  Economy / Economics / Re: BEEN IN THIS GAME FOR 6 YEARS on: November 30, 2019, 05:01:56 AM
have been in cryptocurrency circle for like 4 years now and having so many good and bad side from any factor which I think it makes me realize that trading and investing on cryptocurrency is not such an easy task like everyone think, it requires you to think carefully and manage the strategy really well.
Even though outside the cryptocurrency trading or investing, you should still have to be very careful since there is always a risk involved in investing or trading. Right risk management and also planning well is one of the essential of trading and investing and if your recent investments or trades are not doing well then you should take a break from those things first and try to enhance and learn more things about those field in order to succeed and make more profits.
just learn more things without doing it in real place is not gonna work either. it's just having theory without practice, which makes you not learning anything and become lost when you are facing different situations in real place. learning more stuff is fine but make sure to test your knowledge

You are right, you are just like a student who are just going to school for the sake of diploma, although it is not necessary in real life to have a flying color to become successful but going to school teaches a lot of lesson, and one thing that I learned a lot is to have self discipline, to make yourself prepare for the future, and to value the time as in real life there's a lot of problems that you will encounter it will be up to you how you are going to handle.

Education holds highest value in the life of a person. Without going to school, e wont have been able to even read out words. It is not possible to survive in this time by not educating oneself. Everyone must at least know the basics of reading and writing. Educational institutes not only provide us knowledge but also groom the personality of person and build discipline in him.
saying this wont be wrong wither that education is what makes a human different from animals. We are better than all other creatures on the basis of brain and knowledge. Even among us, those who hold higher amount of wisdom get higher status and appreciation from big crowd. So education is also the basic standard to differentiate a skillful person from unskilled one. Without it, we cant use internet or crypto currencies too.
163  Alternate cryptocurrencies / Altcoin Discussion / Re: What to Expect in the Cryptocurrency Market Forecast by 2020? on: November 28, 2019, 04:48:35 PM
Lets stop looking at the price of bitcoin presently and look at how far bitcoin have come, 2019 is indeed a good year for crypto in terms of adoption rate i meant so what do you expect 2020 to be like? i feel that 2020 will be better is all, halving is there and regulations can kick in, its all good if you ask me, we are moving higher
With every passing day, bitcoin and the whole digital coin market is making progress. More and more people are joining crypto currencies. Soon that day will come when the whole world population will be fully aware of bitcoin and altcoins. 2020 is going to bring good news for all holders, specially the bitcoin ones. Halving will be pumping the value ultimately but before that, dip season is going to sustain.
164  Economy / Trading Discussion / Re: Bitcoin: Long term prediction. on: November 28, 2019, 04:13:20 PM
Hi everyone!

I made this prediction 3 months ago and I shocked for his precision.

I decided share him with people. Maybe you finds some utility.

https://es.tradingview.com/chart/BTCUSD/HbvGBqZG/

You made this prediction but shocked with his precision? Hmmm. Fishy. Are you claiming this without credits?

I looked at the graph. How is it precise? Please do explain it more and maybe we could come to an understanding that it is real or accurate enough.
I do value my bitcoin but I do not go too far into putting it with unbelievable prices.
Yes, some people here may agree with you but not all.
We have to be realistic here. Just because we hit a 20k mark last 2017 doesn't mean we can go way beyond it in making analysis.
You can expect high amount from bitcoin because it is destined to achieve unimaginable targets as it did in the year 2017. it does hurt when your hopes dot get fulfilled but bitcoin has the habit of not disappointing its holders. The halving is also near. After that, the price will surge up. Now the thing with bitcoin predictions is, no one can claim to give hundred percent accurate peak value. Do not listen to anyone and trust your asset.
165  Economy / Gambling discussion / Re: Real reasons to Why do you gamble? on: November 28, 2019, 03:33:39 PM
I gamble only for entertainment when I'm bored, and don't use money from hard work.  but money from trading and even then I use for gambling is only a portion of money.  because of the importance of entertainment when we are bored.
Gambler who play for the sole purpose of fun never come across problems like big loss or debts. Money chasing gamblers mostly put themselves into troubles. With these people, the main problem is no limitation. They don't put any bounds to the amount of money and time. Both are very important assets. Gambling is a game and everyone should do this activity for entertainment only, like you.
166  Economy / Economics / Re: what makes us good investors. on: November 28, 2019, 03:10:08 PM

yeah as you think I trade based on a lot of my emotions back then I lost about $ 1000, I realized and learned a lot more to be able to analyze the market before entering this market, Because in this market it seems that only good traders can make a profit, so I think when you are confident enough to be a good trader, you can spend a lot of money to trade.
this is why makes investor is really hard to master because when your emotion is not doing well then it may affect your performance on trading and could make everything you do become bad, also this is why many expert traders are always taking their time to prepare everything.
This is the whole reason why we are taught discipline and self control. No matter what the situation is, we should train our brain to stay calm. In the trading profession, it is not possible to succeed without developing a cool nature. Every single decision can affect progress in positive or negative way. The significance o this trait increases with bitcoin and altcoin trading as these are volatile assets.
167  Economy / Economics / Re: Where should we focus this year? on: November 28, 2019, 02:50:52 PM
It's a nice picture, many people still don't know much about Blockchain, but that will change. A logical assumption is that we need to focus on education, spreading knowledge. It's something that we are doing all these years, but it's time to push harder. If we focus on that, people will learn about Blockchain, more people will be involved, the prices will grow.
There is no need to learn blockchain because not all of us are going to become blockchain developer. The main focus should be on the products of blockchain that start from crypto currencies  and what benefits are provided by these institutions. Though the understanding of blockchain can give a good idea about the importance and future of its products, but adopting the changing trend is enough.
168  Alternate cryptocurrencies / Altcoin Discussion / Re: The ridiculous projects of this year on: November 27, 2019, 02:54:07 PM
miracle tele, at first it was a good project because the project worth something to the investors and bounty hunters. afterward, it became a joke after seeing their ceo raging on their telegram, it is common for me or even for us to see a scam project(disappear without any news) but it is rare for me to see this funny act from the ceo.
The list of failures and scams is a long one certainly and nothing can be achieved by naming them all here. People will still fall into such traps. The main reason is easy money. Everyone is looking to become rich and want to achieve this without investing any money. Even after knowing the scam rate, still making investments is pathetic. The only way to avoid this is to support the existing coins like bitcoin.
169  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: November 27, 2019, 02:24:17 PM
It is necessary to divide your portfolio into a large number of altcoins and something from it will certainly grow.

That's actually the wrong strategy. You can lose more money by diversifying your investments this way. Read this thread for more details about altcoin diversification and why it's a bad idea: https://bitcointalk.org/index.php?topic=5199926
Diversification is not the way to make profits. People think that buying a lot of coins will bring a lot of money. But the only thing that matters is a potential asset like bitcoin. Only after holding it, holding or trading can bring profits. Accumulating weaklings for years will bring pain. The right approach of becoming rich in digital coin market can never be diversification. At most, two different coins are enough.
170  Economy / Trading Discussion / Re: So traders, how much You lose? on: November 27, 2019, 01:32:46 PM
So Everybody like to talk about winning and profits.... But traders honestly how much You are losing?  Daily weekly Monthly? 


Im sure the Beginners lose coz of FOMO.

You're absolutely right. We've definitely fostered a culture in this community where we only talk about our wins. It would be interesting to see more people talking about their losses. Also give us a chance to learn from each other.
That sounds like a great idea. Sharing loss experience will give everyone an opportunity to learn and grow as it is wise to learn from mistakes of others. It is not possible to never come across failure in career. So no one here is without such stories. Better is to share both experience as the success ones will tell which things to follow and failures guide through not to do stuff.
171  Economy / Gambling discussion / Re: How Much Money You Need To Win To Stop gambling, Is This Possible. on: November 27, 2019, 12:46:41 PM
Can you involve money for you to stop gambling or a gambler can really stop after he promises that if he wins this jackpot he will stop?
This is for the big-time gambler or those who gamble habitually or even those who have the urge to gamble when they have available money.

If I keep on winning the game probably I win not stop playing or gambling because it was a good source of income.
I think i will only stop playing if I don't have any money or bitcoin to bet in the game.
If I win a big amount of money I would probably spend it on a business to get a passive income or probably buy a house and then gamble the other left.

Be careful if you say that gambling can be a good source of income because you will not have a big chance to make money from gambling. You should search for another job so you can use that to make money. If you can stop playing gambling, then you will not have to worry about becoming addicted to gambling because you can control yourself in gambling. Making a business from the money you got in gambling will be a good idea so that you will have a source of income.
Gambling is neither a profession nor any source of income. Still, most of the players develop this belief that they can become rich by this game. It is pure luck and no human on the face of Earth can claim to tame lady luck. The proper way to gamble is by considering it a source of fun instead of income. Instead of depending on money from gambling to start a business, better would be to do any sort of reliable job and become a businessman.
172  Economy / Trading Discussion / Re: Quick Noob Question about Traders on: November 25, 2019, 03:06:49 PM
Its only new for me that two exchange site you mention I did not heard about those site, its only a popular exchange only Ill use if Im going to trade.
I cannot say if that two exchange site is good for us to trade in there or our coins we have are safe if we deposit and do some trade.

But if you think that site is safe so good for you and continue to trade and buy some trusted altcoins if you want to earn more in trading.


Well, it will depend on our own perceptions but on the other hand we need an assurance to be safe enough. If that two trading site is very popular for sure its is definitely a legit but for me is not as popular maybe it's just new in the world of crypto currency community. As being experience as a trader we must aware the trading site that we encounter and able to do such trading process.
In my opinion, he should stick with the already existing exchanges that have been with us for years now. For availing the best features, coinbase, Binance and few others do the job well so what is the point in choosing new ones. If there is something unique about these exchanges, then he should share it with others too. Exchanges that own their customers and provide ways to compensate during compromise must be first choice.
173  Economy / Gambling discussion / Re: Do you have control or not? on: November 25, 2019, 02:42:20 PM
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.
If not, clarify your ways of stopping gambling.
I'm not addicted into gambling so I can stop anytime I want and I can gamble anytime I want.
I can gamble as much as I want but I don't want to because I don't want to spend too much money in an investment that has the highest risk-reward ratio.

For those who don't know when to stop gambling, the best thing to do is to just consult to a doctor or just forget gambling if you can do it. One way too is to think of the consequences that you can face if you don't stop gambling.
If you are a beginner and able to control this activity then count yourself a lucky one. Most of the gamblers have different approach and definitely a different ending. Gambling is fun only as far played with limited amount for a limited time. Playing too much will also make you vulnerable to becoming an addict. Excessive practice of any act grows into our weakness and that should be prevented at any cost.
174  Economy / Economics / Re: Cryptocurrency investments in Airbnb and other large companies on: November 25, 2019, 01:20:51 PM
I'm surprised there's been no option to buy shares with crypto. And that's conventional buying, not some kinky wee kludge. Enough gold places do it. You'd think at least one stock type place would take the plunge.

As for this, you either invest in crypto or invest elsewhere. I don't really see how the two can be combined if your endgame is to increase your crypto. You're going to be tied to dollar movements.

Everything stock related is tightly regulated, so it wouldn't be easy to open a new stock exchange that accepts crypto, or even just offer provide broker services for crypto. Just like the SEC is still suspicious of crypto, all other regulators also view it as too risky to allow it. And maybe there's actually not a lot of demand for it, as people generally threat crypto as an investment rather than money.
Better would be to not mix both types. Both markets hold opposite nature. Stocks are all about regulations whereas crypto currencies are decentralized in nature and regulation are thousand centuries apart. The exchange should be either crypto-only like Binance that offers where traders only trade in tokens and crypto currencies. At present, with no mainstreaming, crypto are best used as investment.
175  Economy / Economics / Re: Can online platforms like Youtube and Facebook really be decentralized? on: November 25, 2019, 12:54:58 PM
If somebody wants to watch free content online, then contributing some bandwidth could be an option.
It could be an option moving forward when some application comes up with a p2p model and bittorrent is trying for a similar model and if they are able to fulfill that then it would be a great success, the original team tried the p2p streaming model but they did not succeed completely and now and different team is working towards the goal, lets see how that goes.

@OP youtube and facebook as a centralized company will be making use of the decentralized network to power their servers and services round the clock but do not expect them to change their financial model .
This will happen soon because what a man can think, he can achieve too and once this happens, things will change for p2p lovers. With Facebook and YouTube, the decentralized world is their opposite. Moreover, they wont implement such a thing for their servers. It has some risk involved certainly. These companies cannot survive without keeping track of every single event that happens in their vicinity.
176  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I think all crypto is scam on: November 24, 2019, 05:57:11 PM
The pure truth is that crypto is a game of scam and many only stick to it just because of the possibility of quick money. The technology we are promoting is transparent and have what it takes to transform the world but human factor of not being able to do the right thing in an atmosphere that doesn't force them to be accountable of their actions is the shortcoming of this industry
Not for a moment denying the fact hat the market is more of scams than trustworthy coins or projects but this does not make the whole digital currencies world a fraud. If ever, this was true, we wont have rich bitcoin holders with us. Scams have become the trend in all spaces of cyber world and only those people fall into such traps who do not give importance to doing own research.
177  Alternate cryptocurrencies / Altcoin Discussion / Re: TRADING A SINGLE TOKEN IN BETWEEN EXCHANGES on: November 24, 2019, 05:42:52 PM
As others have said, this is not a new method.

You are only required here to carefully choose the difference between exchanges, this is not easy and the risk is quite high, prices go down when you process withdrawal and deposit transactions, this is what usually happens.
It would be better to stick with one coin, one exchange and one wallet. Getting involved into to many exchanges wont produce any profits so what is the point of distracting concentration with too many options.  Choose coinbase when starting the journey and then shift to others per requirements.  It is the best exchange at present and offers low fee. Still, if he likes to carry this experiment he can.
178  Economy / Gambling discussion / Re: How Much Money You Need To Win To Stop gambling, Is This Possible. on: November 24, 2019, 05:21:11 PM
~
Gambling is definitely not something which can help you to repay a loan. If someone is stupid to the extent that he/she starts gambling with that goal, I can guarantee that they would not stop until they lose everything, even if they initially won what they needed.
I believe that a gambler that gets too addicted to gambling any circumstances might happen. It still not going to stop until it meets the end or in short, the end wherein you will realize its regrets. Also gambling can't be considered as way to repay loans and debt, it might also be the reason to worsen the deficit, also don't think that even a gambler wins big money will stop playing I guess its mindset will worsen only because he/she will believe that he/she has a lot of money and can't lose that much and eventually without realizing all the money will vanish in instant.

I think it's important to mention that sometimes people win when doing exactly what you described, and namely because of that this problem exists. If people were always losing, gambling wouldn't be around by now. But people should know that there are things you don't gamble with, and an amount of money that is significant for you is one of those things. So, even if you started from a small balance and then won big, stop and think whether you should continue, because maybe now it's an amount that you need for something other than gambling. 
It is not like that a gambler will lose each one of his bet but most of the times, the outcomes will be against him. In the beginning, he might win more but eventually, his defeats are going to overcome his victories. Because the house lures customers when they first start. Once they become a regular guy, house shifts it focus towards getting money from him. Hitting big jackpots must be the sign to go home.
179  Economy / Economics / Re: New bill would make Facebook’s cryptocurrency a security under the law on: November 24, 2019, 05:07:42 PM
As of now,  it's still a proposed bill. If it does get passed into a law, not only it would affect Libra, but also other stablecoins in the market with operating companies under the US Government. I see some points of the initiative of such move from the US Government:

1. It does mean that the government does not want only those volatile currencies without any real asset to back its value up, thinking it's a scam material.

2. It also proves that even the US Government saw the potential of blockchain-powered cryptocurrencies, just like what China did. They're just full of pride and does not want to immediately change stance from their president's explicit disagreement on Bitcoin and other cryptocurrencies.

3. Making this move makes these cryptocurrencies tagged as stablecoins legal under their jurisdiction, and it would be up to the law's final restrictions whether Libra and other stablecoins continue to thrive (if all things go well and midway two parties), or they would just abandon that idea because the passed bill would have too much demands.
In my opinion, the bill will definitely get passed and become part of the law. Governments of advanced countries understand the power of crypto currencies and blockchain very well but due to some insecurities and uncertainties, they have been resisting the usage of digital assets for long now. Also, their support will be with stablecoins that can be controlled but decentralized coins will get massive attention.
180  Economy / Economics / Re: Crypto is changing the personal asset management market on: November 24, 2019, 04:54:40 PM
Do not make banks the safest place on Earth for our assets because its not. Banks do get robbed by criminals and let us just not forget about they cyber ones too. Hackers hacked banks and got huge amounts many a times in the past. Future wont be any different. if we invest in bitcoin, then not only we will save our asset from all kind of robbers but also do beneficial investment simultaneously.

The banks or crypto needs more attention to avoid hackers. The difference we don't have to protect our account fully because that will be the job by the banks. But in the crypto, the responsibility will be in our hands so no matter what, we need to protect our account aka our wallet from the hackers, especially in the exchanges. The exchange itself is like banks in real life which can be hacked too by the hackers. So if you cannot protect your wallet, then that will be dangerous for your asset.
In case of banks, it is not that we don't have to protect our own accounts rather we cannot. Only bank can protect all of its accounts. For this purpose, these have whole department dedicated to information security only. crypto currencies are not owned by any one and holders have their own personal accounts. Exchanges also need to make sure that credentials don't get compromise. But keys are owners responsibility solely.
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