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1761  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETC fork speculation. on: August 27, 2019, 03:14:00 PM
I see that Ethereum Classic and Bitcoin SV has something similar - both want to follow the original idea, but why they are currently on the descent? Maybe coins need to improve in a time and not blindly follow some ideas?
Why are they trying to follow similar idea when they can just simply develop a new concept already and come up with a new innovation, this is part of the laziness I talked about and stealing, because all these forks are just copycat of the original coin and I see it as stealing of idea.  Any guru should be able to think out of the box and then release a project that will be entirely new to people and a project that people will like to use so that it can create high demand.

I am not the type that really sees all forks of any coin really lasting long in the market because people will eventually see their original version as a better one. Why would I use ethereum fork when I can just use the classic itself. Most of these forks are just scam.
1762  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is investing in crypto a good idea? on: August 27, 2019, 01:25:37 PM
You must only invest what you can afford to lose. Don't invest all of your money in one thing. Patience is important in the Crypto world its actually tempting to not sell when you see the price increasing.
It is always very funny to me hearing this advise “investing in what you can afford to lose”, in country where I come from, ordinary $50, you cannot afford to lose it and looking at this money, this is the least I think you can invest in because anything that is lower than that will yield no significant increase, and even the $50, you can only invest it in altcoins that are very cheap and still has the tendency of increasing by 100x.

There is no money that we take out of our pocket into any investment that should not be guarded jealously no matter how little the money is. I only tell people that they should invest money that would not make them run mad when they eventually fall for a scammer or bad project. Investment in crypto is good but we need to invest on ones that we have an assurance of.
1763  Economy / Gambling discussion / Re: Did you ever won a huge amount on gambling? on: August 27, 2019, 11:36:22 AM
11 BTC ($450) = 4,950 USD still a huge amount.
Ohh gosh, that is a really huge amount if at this moment we hold on that amount of Bitcoin that we won on online casino. But the ending of the story it was lost it all because of greediness that not being contented of what you have won. Self-discipline should always be there and learn when to stop to get a better profit.

For me, I did not experience a huge amount of winning but how I wish that someday a piece of better luck will come and win a jackpot even in lottery gambling. A small amount, ain't consider as a huge amount of winning.
I have never won big money but I am satisfied because I never also lose big money.

Those who win big have taken a big risk and only those who are courageous can do this. I prefer my level of playing but maybe when I am very rich and do not know what to do with money I can try playing big to stand a chance of winning big.

Some people think it is impossible to win big because they have never won and if you ask them the highest amount they have played, you will hear one small amount, maybe they think this is lottery where you play with little amount to win jackpot, in gambling the more money spent in betting the greater the chances of winning big.
1764  Economy / Gambling / Re: ♨️🎲 WINDICE.io 🎲 Choose your lucky number 🔰 Progressive Faucet💰 Jackpots 🎁❤ on: August 27, 2019, 10:57:00 AM
It is important to keep innovating and adding new stuff because competition out there is really stiff. We may think there are already established ones that windice has to knock down but remember windice is a rival to biggest ones like primedice only because they have an amazing team that is doing an amazing work yet if they suddenly stop than they could lose a lot, than someone else will be windice of primedice for windice and try to beat windice with their innovations.

Remember satoshidice, that website was sold for 72 million dollar worth of bitcoin at a lower bitcoin price, now that many coins worth probably hundreds of millions of dollars, people who bought it send it to spiral downwards. So, you have to innovate and improve and stay relevant and windice is just too new yet still doing a great work.
1765  Economy / Gambling / Re: BETKING & DEAN NOLAN: Disastrous Reputation! Read This Reddit Post. on: August 27, 2019, 10:23:24 AM
It was never about actually building a feasible straight business, it was done during the peak ICO times and it was just to see if they could make a lot of money with it, they did made a ton of money and they have earned more than they could ever dreamed of and now its time to move on, not like they planned on paying anyone anything, they were planning on just getting the total amount all together at once, you can put that much money into savings account and still live a very large life, running a casino does make you a lot of profit but first you have to work for it and be careful not to get hacked and on top of that you only make a lot of money every day, this way you make years worth of it in one day. Hence, they didn't even set out to create a good business.
1766  Economy / Economics / Re: Is bitcoin volatility here to stay? on: August 27, 2019, 08:17:47 AM
Volatility happens in every single market, look at prices of all stocks and even more stable things like gold, they are moving every single day as well, not as much as bitcoin for sure but they are moving too.

The only difference between bitcoin and other investment stuff like stocks and commodities is that we have no regulations and that is great for us, nobody really can interfere with our operations and that is more important than people realize, that is why we are risking volatility and higher amounts of it in exchange of having no central authority that can take care of bitcoins movements for us. If you want more centralized less volatile thing than you can go buy some gold, it will always have higher amount of worth over years, small increases but still increases and you can still keep your money safe from inflation.
1767  Economy / Economics / Re: Can a Stock Market Crash affect Bitcoin? on: August 27, 2019, 04:06:21 AM
Depends on the level of the crash. We have seen just recently that stock market crashed and than the price of bitcoin went down as well, some say it was related, some say it was coincidence, I am not an expert so I can't say if it was just coincidence or it was just what happens when stock market crashes. On the other hand we have seen previous falls of stock market in USA as well and a lot of countries going bankrupt like Cyprus deal and it affected positively for bitcoin prices.

So, we have examples of stock market going down and bitcoin going up, we have examples of stock market going down and bitcoin going down as well. We can either say its counter-related, we can say its related or we can say two of those have nothing to do with each other at all.
1768  Economy / Economics / Re: WHICH GROUP DO YOU BELONG HERE on: August 27, 2019, 03:28:25 AM
This was probably asked in more sense of "do you think bitcoin will go up or do you believe it will go down" and not really to specify everyone for good forever.

For example, I am a person who thinks bitcoin will go up in the long term but in short term it could do anything, like it could be 15k tomorrow or it could be 8k tomorrow and I wouldn't be surprised by any of it, however in 10 years from now I know it will be higher. That is why I pick the bulls group because I am a person who is long on bitcoin and bull on its price but if you take a look at it on more day trader approach than you will see that many bulls think it could be bear for a while in short term or vice versa with bears people thinking it could go up in short term. Not that there are many long term bears in crypto.
1769  Bitcoin / Bitcoin Discussion / Re: The past, present and future of Bitcoin? on: August 26, 2019, 06:20:21 PM
The past and future of Bitcoin is well known to us because there are records but the future cannot be vividly foreseen although there is much anticipation for good things to happen to crypto in the future due to the increase adoption. What matters most now is the ability for investors to seize the moment and every opportunity to buy more and make profit from the market.
Prior to when we got to the present stage we are now, many people who has been positive about bitcoin had already seen the future and they had believe that such time will come when bitcoin will rise to this present level and we can see their reward for being that optimistic and for waiting patiently for that time.  

we also have many people of our time now, that has been able to put one and two together now and then able to predict what will happen in future as regards bitcoin, I mean the reasonable one which I will also key in to their own side of thinking and I also believe that the future of bitcoin as regards both value and usage is very bright, so we should just expect the best if we can be able to be patient to stay with bitcoin till that time in future.
1770  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoin at a nuclear power station in Ukraine on: August 26, 2019, 05:36:05 PM
I am sure employees of the power plant are also involved. I have a question here are these facilities not in the control of government-run forces and the government? I mean how were these guys able to set up a mining rig there? This is a serious issue and I am sure these guys will go behind bars for a long time.

Such a situation demonstrates how vulnerable are Nuclear power plants are in Ukraine. Any terrorist can get access to them if such kind of security is provided there. 
There is no doubt about that, there would surely be an insider in the plat station that is involve, and if there is a worker in there, he only saw that as an opportunity to use the system to mine and I dint know if I should classify that as stealing or not even though it sounds illegal to everyone.

If he is using the plant to mine, it will simply be only 1 or two machines and I doubt if he would have packed the whole world to come and mine there, at least, it is a way to also reduce the pressure on electricity, if it is possible , then they need to also make it possible for people who can afford to use it to mine to do so if  they can make it legal, but now that the person mind without permission, of course he would surely go behind bar because it was not with permission.
1771  Alternate cryptocurrencies / Altcoin Discussion / Re: Trust the process on: August 26, 2019, 05:16:32 PM
The key to this is to not trust the promise of any project
Instead trust your focus on the project; do u see it as a short term or long term project ?

Do not be impressed by a project; get motivation from the profit you would derive from the project
I know that the reason why we are all putting money into some of these projects is for us to make profit from them, but for any investment we want to put money into, we still have to pick interest in the real use of the project first because that is the only thing that would guarantee if the project will have a future or not.

Let me tell you, everything is not about money, those who invested in the technology that majority of us are enjoying till date, if they had only focused on the profit on it, do you think they would have succeeded in raising money to build any technology that we are using now? The essence of what I am just trying to say is that we need to always be very patient, and watch the growth of a good thing that we believe in.
1772  Alternate cryptocurrencies / Altcoin Discussion / Re: US Congress Requests Moratorium on Facebook’s Libra Stablecoin on: August 26, 2019, 04:24:42 PM
Perhaps we just need to wait for further developments. Moreover, before the release of the Libra coin for a long time. Of course, having access to the data of its users, which is almost a third of the Earth’s population, if Facebook also controls their financial flows, it will turn into a big monster, where most of the information about the Earth’s population will be concentrated in one, moreover, private hands. In my opinion, this is very dangerous.
Yes, and recent events already clearly indicate that Libra coins, most likely, may not be. Most likely their Chinese version is from the government of China.
It would really be a disaster for the US government if Facebook coin flies to be a global coin because it will have a way of disrupting the method they have been suing to protect the dollar and also may expose some of their financial hidden secret to Facebook team since they will be the one to have full control of the whole technology behind the Libra coin and this is why it is of more threat to them.

I think they are gradually killing the release process because I cants seems to get much update on the coin ever since they made their intention known to the public of releasing the Libra coin, I guess they have been oppressed already and we may never hear about the release of the coin again till further notice, maybe the next thing we will just see in letter of apology on media.
1773  Economy / Gambling discussion / Re: How Often Do you Bet on Politics? on: August 26, 2019, 04:02:18 PM
I do not bet often on politics, I majorly follow that of my country, Nigeria and other African Nations. Corruption is prevalent in most of the electioneering processes, and the best bet is rarely the best fit for the position.
I also find it morally wrong to canvass for a certain candidate and bet on another, so I'd sit it out.
If you consider that wrong, then you should not gamble at all also because gambling on its own is an immoral act. There are a lot of religion and beliefs that is against gambling but greed and the love of money has blindfolded players.

How do people keep on playing and losing a game but yet won’t give up, and to imagine they spend money is what baffles me the most. I believe there are so many things the money could be used for. I don’t gamble at all, be it on sport sites or politics, as long as it involves risk and money, then count me out. I prefer to trade or invest in bitcoin than to gamble but to be honest, the corruption that surrounds elections is really high especially in the African rejoin.
1774  Economy / Gambling / Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿ on: August 26, 2019, 02:55:26 PM
20 eos of betting but considering the house edge is %1.5 it comes down to 0.3 on average loss, of course some people may lose more or some people even profit but the average comes down to 0.3 eos total for one bet token. There will be people who got it for cheaper and they will sell it but there will be people who lost more who will keep it so in the end we will have a price that will go down for a while but then keep steadily go up because people who got it cheap will eventually run out but people who lost more will keep hodling their coins until the price hits to a profitable range.

This is more of a long term play for holders, you have to trust that the casino will continue to be great and you have to keep getting your dividends and on top of that have a chance to sell later, so if you hit a profitable mark with your dividends at whatever price you sell will be pure profit.
1775  Economy / Gambling discussion / Re: Humans Gamble since 3000BC, and Governments still try to ban on: August 26, 2019, 02:22:29 PM
As you can see in the list you have brought to us, all of the countries mentioned above are somewhat in a great condition. What I mean is they are rich countries, so furthermore countries that are somehow not stated above and allows gambling in their vicinity: the obvious is that they most likely poor countries and populated. If that's the case then somehow those countries above have maintained law and order in their place and less crimes are done. A good government is trying to stop it's citizens from being destroyed and a bad government will let you gamble all you want and  all that they care is profits from you, not caring on what you may become later on.
Yes, most of the countries he mentioned have very great economy and they most likely do not depend on taxes from gambling to excel. Is a country like united Arab that will be in support of gambling because of the benefit of taxes? These ones understand morals and they protect it at all cost. The few countries in support of this probably intend regulating it to generate money from taxes because there is bloody money in casinos. They make a whole lot of money.

If we really want to be true to ourselves, we would admit that gambling has done more harm in the society more than goo. It may have existed for eternity but that doesn’t change the fact that it has damaged so many lives, caused many to go into depression and has made many go broke.
1776  Economy / Gambling discussion / Re: I don't know how to trust a gambling site nowadays! on: August 26, 2019, 12:35:36 PM
I don't think so. If the gambling site is an old and recommended site, then I don't think that it scam because they are proven to be the good gambling site. But if that site is a new gambling site, then we need to be careful because we don't know if they are good or not. Sometimes, the new gambling website uses a big bonus to attract gamblers but then the member required to deposit some amount before they can get the bonus. We don't want to do that, because the free bonus is a bonus which we can get without having something.

We have so many recommended gambling website which we don't have to do KYC, and that website is not fishy. Perhaps, you need to find by yourself.

As long as you can found recommended gambling website in here, you don't have to worry because the website has already proven to be the good gambling site.
I don’t understand the reason why we all have to write off new sites. I understand that most number of people who have been scammed happened on scam site but don’t you think some of these new sites might be giving out high bonuses as a marketing strategy to getting more players? The reason old trusted sites might not be given this out could be because they already have a high base of players and they believe they would always be chosen over newer sites.

In my opinion, we can also try out some new site but to avoid losing, it’s advisable to play with small money so that it can easily be forgotten if lost.
1777  Bitcoin / Bitcoin Discussion / Re: crypto banned? on: August 25, 2019, 07:36:25 PM
You cannot ban decentralized currencies because there is no central authority that controls them.
Probably those countries that made the pronunciation did not really understand the technology, or people may have advised them and they still went ahead thinking just making pronunciation or signing some sort of document into law will really make any effect on the usage and then scare people away.

They don’t seems to understand that what they are dealing with is far beyond them, and instead of wasting all their precious time debating on how it can be banned, what they should be doing right now is how they can regulate the cryptocurrency so that it can still benefit them in the way it should, and so that it can also not be used for illegal activities that we see some people use it for today. It will really be hard for even Microsoft to be to do anything about it.
1778  Bitcoin / Bitcoin Discussion / Re: Amazon Cloud Outage Causing Major Issues at Some Crypto Exchanges on: August 25, 2019, 05:42:05 PM
If they were able to buy the coin for $1, then who sold it, and on which transaction was it recorded? I am very sure that it is the bot error or a programming error on the exchange that made the record that way and I am sure that it will be corrected and if those people had sold it, I really doubt if it will affect anyone in the market. It would just probably make the market cap to reduce which will not even have any significant effect on the value that much.

That is just my assumption though, because I have never witnessed or experienced such thing before for me to know how it is being resolved, I think that it may likely affect the exchanges’ wallet, but I am sure before they get to remove it, the value would have been adjusted back to the real one.
1779  Bitcoin / Bitcoin Discussion / Re: What If Satoshi Actually Lost His Private Keys on: August 25, 2019, 04:01:16 PM
If Satoshi Actually Lost His Private Keys , then those 980k btc are lost forever or until someone breaks bitcoin encryption.

but i think satoshi is dead already, coz when btc price was rocket high, he could have moved those btc of his and live happy retirement life.,

but  cant tell what his vision is.
If it was easy to break crypto encryption, I am sure that by now, the government  US would have hired the best hand to do so, but unfortunately, it seems like it is some that I a little bit going to be difficult and if there is any chance of it being successful, it would really takes years of research.

If Satoshi has really lost his key, then it is good for the market because the worth of that coin right now is about $10 billion, and you can imagine if such amount is being dumped at once, that would crash the whole system of bitcoin down completely, so better it is missing the way its missing now. There is this guy that is also claiming that it is possible to have it burnt and I am still kind of wondering how this self-acclaimed guru intend achieving that.
1780  Bitcoin / Bitcoin Discussion / Re: What Makes Bitcoin Valuable? on: August 25, 2019, 03:40:00 PM
Since bitcoin is all about investing, store up your assets and make profit. What's it to read and understand about. Understanding bitcoin is very easy as Abc, no much stress
That Is just based on your own understand mate, that is what you chose bitcoin to be to you but bitcoin is much more than just those features that you mentioned, those features are just additional benefits of bitcoin to us when we use it, but the main purpose for which bitcoin was established is juts to basically help us solve the payment challenge that many of us has been experiencing as a result of the cumbersome government policy that is governing our financial institutions.

So, you have to please look deep beyond that, this is one of the reason why bitcoin has not grown more than this, because we are not making it as utility, we just use it for store of value alone, meanwhile, we are meant to be using it as utility so that demand can be coming often.
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