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1721  Bitcoin / Bitcoin Discussion / Re: Another Elon Musk fake giveaway. on: October 03, 2020, 03:53:47 PM
Only one thing if we know again about the airdrop or giveaway from Elon Musk or even the popular name, they are all fake. So watch out, never be a victim again. Sometimes, the newbies are so easy being trapped. So, never be lured by a sizable gift in an easy way. Moreover, it is a very big reward and easy task, It will be so curious and worrying.


First, the amount we're going to pay will be high as compare to the grand prize we're giving them double money and in return, we're gaining nothing.

It happens before by anonymous and I keep thinking about whether this method works and they get bitcoins or not.
I believe many bitcoin users are currently mindful of these sorts of scams. Anyways thanks to informing us I'll let my friends know about it
1722  Economy / Gambling discussion / Re: Anyone know a dice game that is actually fair? on: October 02, 2020, 04:23:14 PM
All of these supposedly statistically fair games seem to rape you when you cash anything out or just when you decide to bet bigger than some micro level.

Curious if anyone has ever beat one without getting crushed the second they take some off the table?

Used to be a hardcore gambler but left a few years back after losing a good chunk of BTCs,
Games I played were mostly Dice and Slots.
Slots were in my favor but Dice gave a bad hit and I lost most of my balance on dice.
1723  Economy / Gambling discussion / Re: Are you a high roller? on: October 02, 2020, 04:20:20 PM
I don't know if you consider betting a few BTC back in 2017  a high roller.
I've left my hardcore gambler sleeve back in past.

What would you name yourself, a regular spinner or a high roller?

I used to spin a lot but I would like to take the title of "Regular spinner" because the amount I used was in penny.
1724  Economy / Economics / Re: Real estate vs. Bitcoin on: October 02, 2020, 04:07:33 PM
The real state takes a lot of time to grow while bitcoin has enough power to increase.
Plus there are many advantages of bitcoins. You can earn more money with the trading, signature campaign, and take participate in projects.
I never recommend real estate investment its a highly risky way to take profit. Bitcoin is volatile while real estate not.
So its better to chose cryptocurrencies like bitcoins and make smart income.
1725  Economy / Speculation / Re: Is it alright to invest with bitcoin at the current market price? on: October 02, 2020, 04:03:41 PM
Investing into bitcoin is not the same as trading bitcoin, you have to first decide which one you want to do before you put any money into crypto. If you want to trade, as in get in at the current price and increase it 10-20% and get out, that means it is trading and if you want to do that you may wait out a bit, or you may even get in right now because it looks like it could go up a lot as well.

However if you want to invest into bitcoin, like put your money in it right now and wait few years at least before you even think about selling, it would be easier for you to actually invest right now because you are at the very start of bitcoins big increase towards institutional investment to become a wall street thing, if you get in right now before that happens you are going to be very lucky.

As long as you don't feel panic and sell out all your investment.
YES, it is right to invest now with the current situation of the market since it's stable and not falling from a month.
The current rate isn't bad its fine as compared to the last year's price.
Be patient and buy it now. I believe you will never regret buying it.
1726  Economy / Economics / Re: Food prices doubled this year on: October 02, 2020, 04:00:31 PM
in a time of a pandemic like now the price of food in my country remains stable, there is no decline in prices, a pandemic is only a sufferer for people under them who cannot go out to earn money. food prices have no effect.

This is the case with most of the countries. Even in my country (which imports more than 90% of the food), the prices have remained stable. The pandemic didn't had any impact at all on the food production. Obviously there were some obstacles in the movement of goods, but that was resolved in quick time. Also, the governments around the world this time made sure that the food availability remains stable.

It's happening worldwide, pretty much every nation confronting it due to COVID-19. Everything becomes more encounters because of low gracefully and profoundly request.
Here's in my nation each food become costly and it is difficult for the helpless people groups to spend their cash on such circumstance.
Every citizen stores the food for the upcoming events.
Due to COVID-19, almost every business is stopped which effected on their supply of foods. Maybe that's the main reason why it happens 
1727  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: October 02, 2020, 03:54:54 PM
Criminals choose fiat currencies because it remains the most private currency at the moment! This is the hardest (almost impossible) to track! Fiat is accepted everywhere!
Although cryptovalues are also a good aid, though they are difficult to exchange for fiat (LOL) and it's not accepted everywhere!

Criminals will start using it once they came to know how it works.
For example here French police arrest terror financing ring that used Bitcoin coupons .
The biggest disadvantage of bitcoins is no one knows where's your money gone?.
If every criminal came to know they'll never use fiat for dealing with drugs or legal things.
The future may be worst and bitcoin can be considered as illegal currency
1728  Economy / Economics / Re: Internet shutdowns by governments are bad for corporate marketing on: October 02, 2020, 03:50:08 PM
The interruption for most countries that are using the service of those corporations that are operating their cable lines under the ocean or what we call the submarine communications cables have gone through an upgrade or repair.

Before the Internet wasn't a necessary part of our lives but now, a repair will affect most connected businesses and individuals and can lose much money by a single interruption.



Internet isn't owned by one government its spreads in every region and controlled by ISPs.
There's no chance for the government to take the internet down since they also use it, All the media is connected with the internet and they spread the government's update and news to the peoples.
The Internet can be down for some moments or seconds but there's no way to take down forever.
Corporations might be affected highly because everything is now associated with the internet
1729  Bitcoin / Bitcoin Discussion / Re: What the future holds for bitcoin on: October 02, 2020, 03:46:56 PM
BTC is gradually gaining its grounds in the financial institute. Most people prefer using bitcoin as a medium of exchange. Before the advent of bitcoin local and foreign currencies were the only means of financial transactions. Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another. From my own opinion its a better way of accumulating wealth and secure a perfect future of cashless policy


The future of bitcoin holder will be bright as long as they believe in the market and do no sell their coins.
Bitcoin's price is stable since July and there are huge chances of increment.
All the cryptocurrencies are volatile but still, some people take the risk and earn money.
The first-ever rule of bitcoin is "patient" as long as you hold your coin you'll take more benefits.
1730  Bitcoin / Bitcoin Discussion / Re: Is bitcoin difficult to understand on: October 02, 2020, 03:43:45 PM
With my experience learning it’s quite obvious that it’s a simple concept to understand if you take time learning about it and not rushing the process. We the community make it look like learning about bitcoin is a very hard thing to do and this discourage new users who would had picked interests in the currency. Sending and receiving bitcoin isn’t difficult but the other areas that are very hard to some extent.

Bitcoin is hard to understand for those who don't take an interest in it.
At first, I thought it would be hard but later I started taking interest in bitcoins.
I learn to use bitcoins from YouTube, Blogs, and some other websites.
You just need 3 steps to understand it. First, open a wallet, Second buy bitcoin, and move your all coin into your wallet, the third holds you bitcoin as long as you can.
The more you hold the coins the chances to take benefit.
1731  Economy / Speculation / Re: Bitcoin over $10,000 for the past 66 days on: October 02, 2020, 03:40:24 PM
This is unpredictable. But you can assume for your own reference, like, if the time comes that the price drop below $10,000 for sure people will sell their coins, while big investors still remain holding theirs, beginners surely panic of the little drop off, but it is normal to feel that way, which is cause of a little by little decreasing of its value. But bitcoin is strong enough to crash down.

I am glad to see the price is stable but we can't say anything since its volatile.
Its been 3 months and the price is still above $10k which can be considered as a good sign of growing bitcoins.
It's giving confidence to a new investor but it doesn't mean they put all their money into it.
Volatile means anything can happen anytime. We all can hope that the price will increase more in the future.
1732  Bitcoin / Bitcoin Discussion / Re: Bitcoin as Company Cash Reserve on: October 02, 2020, 03:37:26 PM
Large companies that start to adopt bitcoin and make Bitcoin as their Main Reserve asset, is certainly a big step. We know Bitcoin is a digital asset with high votality and risk, but the company makes it their main reserve.

Chances are they have already thought of a strategy how they can benefit more from bitcoin. They may have bought bitcoin at the lowest price and then held it until the price went up and made a profit. What is certain is that they already have an expert in the field of digital asset trading who has thought about what strategies are good and profitable, they also realize that Bitcoin will be very risky. They are professionals and they know what to do.

Whenever the company holding a Bitcoin for reserve assets it highly affects bitcoin price.
The company positively takes the market with highly invest. While an ordinary man can not help much for the market.
Bitcoin will be the future of money and a lot of companies gonna make benefit from it.
I've assumed that bitcoin didn't drop so bad its stable. For me its the right time for companies to use bitcoin as an asset.
1733  Bitcoin / Bitcoin Discussion / Re: French police arrest terror financing ring that used Bitcoin coupons on: October 02, 2020, 03:33:44 PM
Bitcoin is a currency.
Any currency can be used for evil means.

Dont terrorists and drug dealers use USD as well?
Bitcoin is just a currency.

You're right but as we all know its illegal use bitcoin in some areas.
There are many advantages of bitcoin but there are some disadvantages too, Bitcoin can be used anonymous worldwide without knowing anyone.
You can not reach that person who receives or send the bitcoins.

That's the reason the police can never approach you. The use of bitcoin can make you more secure from anyone who wants to trace you. They can be caught if they use USD instead of bitcoin
1734  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 🔥🔥🔥🔥🔥[GUNBOT] Trading Bot with 136 exchanges available!!!🔥🔥🔥🔥🔥 on: October 01, 2020, 08:07:54 AM
Can you use Gunbot just by reloading the ETH address with Gunthy coins?

Or do you need to go through the past process of Linking an API key by a reseller and the reseller will tag that API as master API?
1735  Economy / Economics / Re: The 2nd generation of banking is going digital on: October 01, 2020, 03:56:58 AM
I am already using a digital bank as it is. I do not have any office or whatever that I can go to, I don't know what the place for banks is called, just banks probably, mine has zero physical location at all. They have plenty of ATM around the city so I can withdraw or deposit there, but I usually do not need that neither, it is rarely ever needed.

In the end, all I have to do is open up the app on my phone and do whatever I need to do and thats it, there is really nothing more I have to do, it is so simple. I can't believe the traditional banks, they are really a lot worse, the other day I had to deposit money to my wife's account and it took me 15 minutes (without even a queue) to give the teller to put that money in the account, it was really an experiment that made me realize how awesome my digital bank is.

The up-and-coming age of the bank will begin tolerating bitcoin as a payment method.
I do accept they'll include with blockchain innovation to improve their second eras of financial state.
Presently they're attempting to bring digital money down which are pointless for them.
They'll be tired from all the gibberish and toward the end, they will deliver the second era where bitcoin will be acknowledged and utilized in around the world
1736  Economy / Economics / Re: Is it possible to live without banks? on: October 01, 2020, 03:53:37 AM
You can live without going to the bank, and many do it. However, if you look at this issue more broadly, when buying various goods or services for cash, we, in fact, turn to the bank, because we use banknotes issued by the bank.
In the future, banks, stablecoins and cryptocurrencies will all the same be forced to coexist.

Avoiding banks seem to be impossible since we rely on physical cash (banknotes) to perform daily transactions in our daily lives. After all, national currencies are embraced by every country around the world. You just can't solely rely on crypto for everyday purchases since it's not an independent asset class. Crypto relies on Fiat to succeed in the mainstream world. It's no wonder why the latter is used as a unit of account to measure crypto's prices on the market. Remember, you can live without crypto but not without banks.

For complete peace of mind, you can rely on both crypto and banks. This will allow you to take advantage of each sides' benefits for your own financial gain. In crypto, the risk is higher which translates to higher profits over the long term. In traditional banking, the risk is lower which translates to price stability and reliability of your funds. By combining both a crypto and a bank account, you can take control of your financial life. The way I see it, is that crypto will only become an alternative than a replacement to the existing monetary system powered by banks. Which is why, there's no doubt that crypto will live alongside banks for the foreseeable future. Just my opinion Smiley

I don't think we can live without it, since we get our salary and paying bills through banks otherwise there's no way to get money or paying bills.
Its the 21st century and everything become online through your bank just one click and your transaction will be succeeded.
Talk about crypto, well we can't use it on our daily basis.
NO one accepts it as a payment method. There are only a few regions in the world who accept it but it can not be used worldwide.
1737  Economy / Speculation / Re: Bitcoin reach to $100K ? on: October 01, 2020, 03:50:11 AM
The current circumstance of bitcoin is too terrible it's battling to reach $10k to $11k and afterward it begin tumbling down.
It's difficult to reach on such a rate however its certainly feasible since its decentralized and it can go up any occasion.
We need more clients to involve bitcoin in light of the fact that the more we get clients more the graceful increment which profoundly influences bitcoin cost and market.
1738  Economy / Economics / Re: Gold Price Prediction & its impact on cryptocurrencies on: October 01, 2020, 03:47:09 AM
If you’re referring to cryptocurrencies that are backed by gold, I don’t see the difference, because holding a cryptocurrency that is said to be backed by gold is the same as holding gold

I don't agree. In case of cryptocurrencies that are backed up by fiat currency or gold (there are quite a few of them in the market), the money is being held by someone else, and you are only holding a token. This goes against the original idea of cryptocurrency as proposed by Satoshi Nakamoto. By holding these tokens, you are not holding the real gold or fiat. Someone else claim that they are holding these assets for you. And there is nothing that you can so, if they vanish all of a sudden with all the funds.


There's no pressure among gold and bitcoins. Since bitcoin is decentralized and its gracefully is high.
Gold may begin expanding its rate however it can't outperform the bitcoins or any cryptocurrencies.
Anyways I don't think gold can be increment that much even bitcoin can't reach on such rate and we know its decentralized.
1739  Economy / Economics / Re: Anybody here trying to live bankless (using Bitcoin / cryptocurrencies)? on: October 01, 2020, 03:43:21 AM
I recently encourage My cousin and two of my friends who has Online Business to consider using Bitcoin(and some other crypto that is supported by our local wallet)as one option in accepting Payments since the demand in online foods,service and gadgets are really hyping now,since pandemic time and now that Online classes is also coming and good to hear that two of them are now accepting crypto as payment.

but in supermarket?this will take long because of lacking support from the government,though we are open to use and trade crypto on our own risk.

There's a contrast between utilizing a bank and utilization of cryptographic money.
Banks are regularly using for guarding your cash,  paying bills, taxes, and compensation.
You can't survive without banks since you can't cover your bills or get you to pay rates in bitcoins.
In numerous zone, banks are required to purchase properties, vehicles or settling charge and our nation is one of them
1740  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency for Trading on: October 01, 2020, 03:40:05 AM
Lockdown had really opened up a lot of opportunities for many people to delve into cryptos related stuffs,  I believed staying at home had brought about the needed change in how many people viewed cryptocurrencies perhaps digging dip to learn more thus change their perspective or views of some people equating cryptos as scam.
While many had started viewing cryptos as way of earning decent income if properly utilized, by trading it or simply by hodling it for a period of time to make profits no wonder a lot of crypto projects had began to spring up lately e.g DeFis gambling sites e.t.c, I hope the tend continue to linger on for a long time.

I concur with you. There's zero chance of placing your all-cash into stock. I lose heaps of cash by putting resources into stock it can never be considered a pas.
Stocks got smashed much time during the lockdown and loads of individuals lost their cash as well.
The majority of them move to bitcoins exchange and that is the motivation behind why the crypto market get the enormous scope
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