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1661  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 90% chances if a coin is listed in Binance it has a good potential on: August 16, 2021, 10:04:11 PM
There is no denying that getting listed on Binance is not an easy thing for any new project, as it requires a lot of requirements. But we also can't deny that many shitcoins are listed there too
Can you tell me what shitcoins are on the Binance exchange? because I see that all the coins on the Binance exchange always have a very good trading volume compared to the volume on other exchanges.

Actually, there are plenty of coins that are listed in Binance and trading pairs as well.

The list is high and we can check it in https://coinmarketcap.com/exchanges/binance/...

Shitcoins or whatever you call it, I think it depends on our perception, because for me, trading volume is not enough as a basis to exempt a coin from being a shitcoin, and I know not everyone would agree if I will call DOGE a shitcoin.

Just because it doesn't have real usage it is termed to be a shitcoin. Though it doesn't have any usage it has stood strong in the market for years, which isn't possible with shitcoins. With the recent price pumping through the influence of Elon Musk it has turned to be a major discussion.

From my understanding whether it is a shitcoin or potential one, if there is perfect plan for listing on Binance investing on those will be truly good. Because, on listing the market will bounce high and provide atleast 2x profit on capital.
1662  Bitcoin / Bitcoin Discussion / Re: Do you still have thoughts of picking Gold over Bitcoin, read this. on: August 11, 2021, 11:59:28 PM
snip
many people still have no knowledge about investing, on average it happens because they don't want to accept new things.  Bitcoin is much more profitable than gold even though the price is volatile.  gold is an investment for people who have a safe mind and old man, while Bitcoin is a promising investment that many people who have great minds buy.
Bitcoin is much more profitable than gold, but what the common man think is liquidity. I don't say bitcoin doesn't have liquidity, but we haven't got access to provide bitcoin as a collateral on a banking system and get loans. Maybe in the future this can happen as some banks have started to work with cryptocurrency.

Common people always get into the risk free form of savings than risky investments. The market fluctuation has the potential to bring big profit as well as end into loss if we don't play good. This makes them choose gold over bitcoin even when they knew bitcoin has the potential to give big profit than gold.
1663  Economy / Economics / Re: Cryptocurrency: The Future of Finance in a New World Order? on: August 11, 2021, 11:49:04 PM
Cryptocurrency usage is much connected with the monetary system and this makes the blockchain technology loss it's importance. It isn't known to people that blockchain technology can be used on anything to get effective outcome. Myself expect the change to happen in all forms and not only on the financial system.
1664  Economy / Gambling discussion / Re: Olympics 2020/2021 : Discussion & Predictions on: August 11, 2021, 11:35:30 PM
~
He was the only runner to successfully knocked all the water bottles, the others did not encounter any problems. So, I'll take it like an accident. I would give him the benefit of the doubt. Therefore, it is also part of the game. We all have different viewpoints. There are plenty of things to point out, but bringing up those bitter memories spoils the Olympics theme. This post should inspire a lot of respect and admiration for all the athletics with a history of excellent sportsmanship.
Pointing out unsportsmanlike behavior should be pointed out and it will not take away the glory of the Olympics. I have seen the images of the said event and it was a clear bite to have an upper advantage and those athletes should be banned for life from competing in further events. There are instances in the past where athletes got banned for life of unsportsmanlike behavior, so this is nothing new.
Well, true sportsmanship was felt by the entire world on the javelin throw event where the gold medal got shared between Barshim of Qatar with Tamperi of Venezuela. This made the entire world understand true sportsmanship and its value. It made people cry out of it. Same as that what's been done here is entirely opposite and such players needs to be give life time ban which needs to be an warning to rest of the players.
1665  Economy / Economics / Re: Miami will launch its own cryptocurrency and reward users with bitcoin on: August 11, 2021, 11:29:26 PM
I had a conversation with an user who is new to cryptocurrency usage. He made a conversation regarding the creation of native cryptocurrency by different governments around world. I don't know to what level it is true, he mentioned the creation of native cryptocurrency as a way to overcome the taxation issue thats been faced by the governments with the usage of different other cryptocurrencies.
1666  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is this another Ethereum season on: August 11, 2021, 11:19:20 PM
It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market
You know that when these two goes on high.

Both of them are also going up but it's a sign for bitcoin first and then Ethereum goes next. The london hard fork did really a lot on this pump that we're seeing.

The bulls are back but we don't know how low and how long it'll stay.
The bulls are back in the market, but now it doesn't look like a perfect bullish trend. For some reason this growth pattern will continue, because traders keep on scalping to generate profit. This keeps the volume in a stabilized manner than moving downside. With ethereum the London fork has made a big demand on ethereum through its burn. This is now getting reflected on its growth.
1667  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Cardano overthrow Ethereum? on: August 11, 2021, 11:10:57 PM
We're not sure about the future market. Things can change in any direction. It is up to the level of adoption experienced. Right now it is ethereum that has been rocking the market with the upgrades and more potential usage. With cardano we've got similar form of growth, the development of cardano is done precise. Long back itself waiting for a next big update and the update will make big change in its market. I believe it'll give some competence to ethereum.
1668  Economy / Gambling discussion / Re: Will physical casinos accept crypto someday? on: August 11, 2021, 11:05:59 PM
Gambling industry is very big. As more people are getting into the usage of cryptocurrencies, we can see the acceptance of these cryptocurrencies on physical casinos. Whatever we pay we are gonna play with chips that's been bought with cryptocurrency/fiat. With online casinos we play directly whereas with physical casinos chips need to be bought and played. So, we can expect this happen and there might be some physical casinos doing it at present.
1669  Economy / Gambling discussion / Re: Should online gambling companies be responsible for harm related activities? on: August 11, 2021, 11:01:35 PM
Online gambling companies that do not have measures to stop addicts from gambling all of their money should be responsible for anything that happens to them. I think gambling companies should monitor their members deposits and withdrawals and limit them if they think they are in danger of losing more than they can afford.
Every gambling site used to mention gambling is subject to risk and it is their own risk to spend on gambling. Maybe this could make people to linit them in terms of spending. When someone is restricted to spend/deposit he might also move to the next platform. Because, addiction can be controlled only if the user himself is ready.
1670  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: August 11, 2021, 10:47:44 PM
Getting paid in cryptocurrencies is still very new in the market. People who knew well about the potential will go for it. The existence of fiat money can't go unused for any reason. This makes people get used to it, even when we have got more number of development and advancement associated assets for usage.
1671  Economy / Economics / Re: In COVID-19 everyone needs motivation on: August 11, 2021, 12:04:26 PM
My own motivation during this pandemic is only to earn from bitcoin, i have no longer able to go outside to earn money, the situation did not allow me, thats why i decided to totally earn from home. I think i will survive from now until three years next, but if the pandemic not gone soon, will be more people suffer and dont know what to do to earn.
World need big movement together to arise.
This is very important for most people, especially for people who want to survive in their lives because here now the times are difficult in every way and of course encouragement is needed so that you don't always think negatively and always be optimistic about living your life.
some countries have now started life with a new normal but there are still restrictions such as keeping a distance and still wearing masks but that's okay this is certainly a good start and hopefully this continues so that normal life can return and everyone can get back the life that has been taken as a result this pandemic
I don't really mind the restrictions, however, I'm noticing an increase in cases the past few weeks, and it's really concerning. Yesterday, we had approximately 4,200 new cases in Greece, the highest we ever had, with restrictions now being put locally. My main concern now is that if restrictions are being put now, in August, what's going to happen in a few months, during the winter?

I'm really hoping things don't take a turn for the worst, but it looks like we're going to have another lockdown soon.

When the restrictions were taken people start to function in a much normal way thinking that everything is over. They never wear mask and starts to gather as a group. All around the world third wave of covid-19 spread is much expected and measures to overcome the situation are made ready. So, everything is in the hands of common people. We need to take responsibility and follow the precautionary measures strictly. Only then it is possible to stay away from covid-19 even if lockdown is taken back.
1672  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto should have created Litecoin with the Bitcoin name on: August 11, 2021, 01:00:58 AM
What OP has mentioned is true. In terms of transaction speed and low transaction fee with Litecoin. By the time we need to understand what is the reason for Litecoin to reach such a level. It is all because of bitcoin, if it had copied some other shitcoins now this could've never been known to the outer world. Particularly litecoin gained investment just because it is developed over the platform on which bitcoin is developed. So, it isn't fair to make Bitcoin inferior against Litecoin.
1673  Economy / Gambling discussion / Re: Anything like excess gambling on: August 11, 2021, 12:03:54 AM
Some people could bet without even knowing the amount of time and money they have invested in gambling which could look obvious and call for estimation. I gamble a lot and sometimes I don't even know if it's becoming excess not.
When you gamble with no limitation about time and money to use, I will call it an excessive gambling attitude. This clearly indicates that you cannot control yourself, how can you have no limitation there? Even you are a gambling lover or a fanatic gambler, you should know how to control yourself. Be smart and discipline in gambling, guys! It won't be a fun activity anymore if you become an addict and losing everything because of gambling excessively.


Even rich people  does have limitation although it would vary on how a rich person and average one would really differ in terms of betting habit and duration which is understandable but talking about limits then there's
no such thing about unlimited fund.If you are rich but dont have that kind of self control then sooner or later you would really be sleeping on the streets.

We've seen lots of instances on where people get wrecked totally by gambling addiction and this is in the result of engaging too much time and money with it which people should really be aware or else you would really know
the consequences later on.

Excessive things arent just only talking about gambling addiction but also in other forms of addiction as well which should really be controlled properly.
Common people have an understanding that rich people never think anything about the money. They just gamble as they wish, but the reality is different. They have the limitations as mentioned above. If they don't have the limits set, for sure he/she is gonna sleep on the streets. This can be understood by different real life stories. Maybe somewhere lucky to go from street to mansion out of gambling. Those were very rare instances.
1674  Economy / Gambling discussion / Re: Where to seek help if you need; concerned with gambling addiction. on: August 10, 2021, 11:51:29 PM
Indeed. We know that to quit gambling needs big effort from ourselves and build a new habit that does not have any relation with sports and gambling so we can try hard to stay away from gambling. And with help from the specialist and of course, our family, that will not feel too hard as when the family take involve with our problem, they will help us more than the other people. If someone is addicted to gambling and his family sees that, maybe that is a call for his family to help him quickly before he got something worst that they can not imagine. If they can help them, no matter how sweet temptations from gambling, that person can get out from gambling because he will realize that he still has a second chance to have a better life.
True, actually every person has their chance to stop the addiction.
But further, the other difficult thing is also the challenge of maintaining not to gamble again.
Let's say that we have been able to stop gambling for several months, maintaining not to gamble in these months may not be easy. And then, it may be difficult enough for the next months again, some people or advertisements may shake our ways to stop gambling  Grin
That is why it is very important to really ensure ourselves, to strengthen ourselves not to being addicted again.
A matter of state of  mind  and its awareness and self discipline for  someone that could potentially stopped his own addiction not only in gambling but in all sorts of addiction in life that could  be possible experienced.

It is a matter of on how a certain individual would really be that serious on quitting on what he do currently experiencing.If on the  time that  you cant help yourself already  then thats the time you would

really need the help of your loved ones or professional help which would really be needed on your addiction treatment but before you do consider this option then always be mindful on quitting yourself first.
Until and unless our mind isn't prepared to have control over our activities, even on getting medication nothing is gonna change. You've felt the bade about addiction, and now it is your time to have control or quit gambling. As suggested think about each and every loved ones who are ready to support you on all hurdles of life. Move away and make an alternate way to spend your time.
1675  Economy / Economics / Re: Bitcoin doesn't care about Tesla and Amazon on: August 10, 2021, 11:45:28 PM
Of course, it was never the purpose of bitcoin nor the goal to serve giant companies like Amazon or Tesla. The fact that bitcoin is getting moved up and down by the news is due to “investors” getting influenced with that. It’s very obvious thing that investors would believe bitcoin because real companies are utilising it and giving it a firm reason to make viable investment.

Bitcoin, Neither depends on billionaires nor the giant tech firms but honestly speaking both of them are resulting factors into what it is today.
Agreed on the market situation at present. Bitcoin was developed in such a way to serve all levels of people providing the freedom. Now this is getting to be more influential by the tech firm adoption and statements out of billionaires and high profile personalities. Maybe this situation will change, and the present market variation might be the result of market getting maturity.
1676  Bitcoin / Bitcoin Discussion / Re: About the popularity of Bitcoin on: August 10, 2021, 11:39:39 PM
Whenever something is innovated, these people know about it at last. Because, to make things workout it takes time and very few concern about these people whereas majority move on. I appreciate OP for bringing this into discussion. Recently in a news saw about a cooking guide (book) developed for the blind people. They can just understand and do cooking, maybe some application can be incorporated with these wallets to support usage of cryptocurrency.

If we've got paper currency, these people will easily get used to it within few days of usage, because they're very clear in identifying currencies with specific things.
1677  Bitcoin / Bitcoin Discussion / Re: Does Covid-19 affect On Bitcoins on: August 10, 2021, 11:34:49 PM
Does Covid-19 affect Bitcoins?

I think Bitcoins will be still stable and nothing effects in Covid-19 .and the thing we thought about Bitcoins that it is an Volatile and unpredictable are still continues.

Lets look at this from two angles, we have the short term timeframe and that of the long term. Rewind to last February to march that the pandemic still has a huge presence in the economy mostly because it was just becoming a reality as many previously doubted the existence of the virus.

As people began realizing the authenticity of the virus, they began to panic and this affect all market not just that of Bitcoin. Well you could say the cryptocurency market was one of the most affected but all that now doesn't matter since it's also at the top of the charts in assets that had the greatest recovering and gave their investors huge returns on investment.
The market slowly moved to the recovery path, but majority of the users who are into the market knew well about the growth and understood it as the right time to invest. But the job cuts, pandemic sufferings made the people suffer out of the financial crisis which didn't allowed people to invest at the bottom. Further when the market slowly progressed money was flown in by the new participants of the market.
1678  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why shiba inu not come 1$ on: August 10, 2021, 11:07:41 PM
Please explain, why shiba inu not come 1$ ? Total supply?
Yes total circulating supply really matters the most. Token price really depends on the number of the investors and it's circulating supply, because even if the token has a lot of investors or demand and the total supply is big then still the price will not going to rise at all because of the big supply.
Supply is a major factor based on which that decides the price of the coin. We can see this with almost every coin available on coinmarketcap. Those coins that are manipulated reach big value, but if you go check the trading statistics it won't be having good volume. To pump the price some network used to burn specific volumes on different upgrade.
1679  Economy / Economics / Re: Not just money but oil is most important in the World on: August 10, 2021, 11:00:43 PM
The oil being mentioned accrued to money, so you can actually say that oil is money. You can just source your money from other means but in my country oil brings in more money for the government.

Oil is the most important need in life today, there is no activity from agriculture to industry that is free from oil, of course it is natural that oil is more important than money, because without oil money will not be valuable.

what did you mean by "without oil, money will not be valuable"? Money is valuable because it is accepted by everyone as a globally exchange currency. On the other hand, we need oil to run factories and vehicles. We can still survive without oil if we live our lives in our old traditional ways how our forefathers did. oil is important in the digital world but not the most important valuables. You can say batteries are most important because things can run without oil but not without batteries.
On survival oil might not be a need, but for many countries oil reserve is the only source of major income. So oil is an important thing. Countries like UAE and East Asian Countries could've never be in such heights if there is no oil reserve with them. Batteries are the innovation as an alternate to the oil usage on vehicles.
1680  Bitcoin / Bitcoin Discussion / Re: Can BTC exist without Fiat? on: August 10, 2021, 10:34:47 PM
Bitcoin exists without fiat, but it is a big question whether it would've reached to the present level without the pairing of fiat. People aren't aware about bitcoin and it's good. This means we can't expect bitcoin to grow. At the beginning everyone will find it difficult to believe in the bitcoin for different reasons. So, it is quite hard to have it on direct usage. Now people who have used to it are aware of its growth. Then onwards Bitcoin can exist without fiat, but the growth won't be effective.
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