Bitcoin Forum
May 25, 2024, 07:39:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 »
181  Economy / Economics / Re: Countries testing digital assets in 2020 on: December 01, 2019, 02:14:19 PM
These countries are fascinated by blockchain technology that’s why they are taking early move for adoption. I just wonder if they will run it right away publicly or implement it by sector, this is very challenging for their side but lets see what will happen during its early phase.

Well, that is the trend now, going digital. Since blockchain technology is new and emerging, many countries try to have their own crypto assets/currency. This is good since this is also a part of crypto awareness and hope for adoption. We are seeing more implementation of this project in the future for every country as they try to utilize this new technology.
Crypto currencies are one of the products of blockchain technology. There can be others created too. Many companies are planning to improve existing systems with the help of blockchain as this will make systems more secure. Bitcoin has attracted many investors and the number keeps on increasing which drew attention of governments. They wanted to make bitcoin as their currency but it is decentralized so making own national crypto coin is the only left option.
182  Alternate cryptocurrencies / Altcoin Discussion / Re: Long term hodl ! What a joke on: November 30, 2019, 07:05:22 AM
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
If you would recall the effects of long term holding way back for bitcoin, you may see it as a very strategic and beneficial plan. If only the state during those times were the same as to what we have right now, maybe we can still consider long term holding as a smart move. The market has changed a lot and long term hodl is not as effective as it was before. We should be more aware and observant on the changes that is occuring on the market so that we can find a good timing on when to buy and when to sell your coin to make crypto investment as beneficial as possible.
That is true because majority is unable to follow this simple rule. It varies from individual to individual. There are actually only very few people who can make good predictions or their sixth sense works correctly. With crypto currencies, volatility is a big time challenge. To overcome this hurdle, a trader is supposed to have sound knowledge about his asset and stay patient during bad times.
183  Economy / Trading Discussion / Re: Here are the Top 15 Cryptocurrencies according to Coinbase users on: November 30, 2019, 06:38:10 AM
This kind of infographic is really helpful for many types of traders, if we usually trades daily we could see the less hold time because the price will be so agile and it's really fit for daytrade, and for long term trade we could choose coins with longest holding time. They should make this as an engine so the visualization will be dynamic based on the real market
The data is indeed informative and traders can choose the right coin that would be according to their desires after looking at this graph. Bitcoin is the number one coin with respect to popularity on coinbase and market-cap. Most investors get attracted towards it because of its potential. It is amazing to see ripple having same percentage of buying but bitcoin is the best for both long term and short term trading.
184  Economy / Gambling discussion / Re: Gambling with Fiat or Crypto? on: November 30, 2019, 06:16:07 AM
I was always happy to be able to play with crypto in casinos without the KYC/AML check but lately, this is not the case and despite we are playing with cryptocurrencies, casinos still demand verification documents when one tries to withdraw any winnings. So, if you want to play with crypto and verification is not an issue for you then there is a lot of casinos where you can deposit cryptocurrencies and play, but I think that many people will finally choose FIAT casinos if KYC/AML verification will be fully implemented, because it is much easier for many to deposit and withdraw FIAT (still only an estimated 3% of people use crypto). Because of regulations, crypto casinos are loosing a very big advantage they had against FIAT casinos.
Doing verification every time you withdraw is not very comforting but this is done for the security purposes. Playing in crypto currencies has its own pros and cons. Winning a bet is like doubling the amount and investing at the same time. As far as regulations are considered, no decentralized coin plans for that. The percentage of crypto gamblers will be also increasing with time as these coins are the future.
185  Economy / Economics / Re: Millennial generation are screwed! on: November 30, 2019, 05:20:36 AM
This depends on each individual how they use their time for something useful because many people have succeeded at a young age in the current era.
Millennials who are faced with crypto will probably be headed in a positive direction because their life problems are not too large which can lead to interesting ideas for crypto continuity to be better.
I can't find the correlation between having knowledge regarding crypto and having a positive direction as well as having smaller life problems. There's just no real correlation isn't it?
Yes I agree, even though im one of the millenial still I can say that people in this age are more dependent in internet, they are easily believe on what they are about to read without trying to do some research, the bad thing in this, they are the ones who are spreading the news also they can affect other lives too.
I thought that millenials are more well informed regarding internet than their predecessor? Most of the times it's the old people that easily trust any information send to them without even spending time to recheck whether that information is true or not. However if its true, that'd be messed up because millenials supposed to know internet more.
The reason behind your point is pretty simple too. Technology has never evolved to this much extent in the past and internet has never been used as much as it is at present. Millennial generation spends most hours of the day surfing internet. They are more comfortable with machines and computers as compare to their adults. This generation also wears the face of future bitcoiners.
186  Economy / Economics / Re: Where's my free money? on: November 30, 2019, 05:00:44 AM
Before all do you know John McAfee?
Do you know who this person is and you believe what it says.

Such high predictions we should not expect because they will only cause us failure. It is better for us to have a bit of a study on the price of bitcoin and let us not rely on those who claim to be the prophet to predict the price of bitcoin with no basis. Huh
Do not rely on other people, rely on yourself instead. Even though McAfee is a very well known tech guy, we should not still trust him in terms of his prediction because most of the predictions doesn't work since they don't have the enough evidences to prove that their prediction has a high probability. I agree that we should undergo self studying in order to make our own analysis and own prediction so if it goes wrong then we don't have anyone to blame but ourselves.
Many people today are so dependent on the predictions of popular personalities that they think there is enough evidence that their prediction is true and will happen. John McAfee also had a lot of predictions that proved wrong. So next year we will look forward to eating his own dick when his prediction will not reach $ 1,000,000 by end of 2020.
Relying on others for decisions of your life is not wise at all. We should listen to everyone but ultimately commit an act on the basis of our own knowledge and analysis. If a person lacks sufficient amount of knowledge then he can also not differentiate between right and wrong suggestions of others. Following others, blaming others will bring nothing. In digital coin market, dependency is prohibited.
In the field of crypto currencies, knowledge holds a significance importance. Without it, holders mostly end up selling out their coins at low values and later on regret such actions. This happens out of no trust and understanding. Talking to others and listening their perspective is good for increasing the wisdom but before that the fundamentals are supposed to be done by the holder himself.
187  Alternate cryptocurrencies / Altcoin Discussion / Re: what solutions do make to cover Loss on: November 28, 2019, 04:47:45 PM
To cover losses is to trade again for me and be patient to get profits, lest we sell at a low price and not panic when prices go down. Maybe if you have a new strategy that may be tried and do not make the same mistake as buying a coin when the price is above, for me this is always avoided
Perseverance is that trait of a person that will make him successful in any domain of life. It holds true for traders also. The main problem is people mostly give up earlier. Success is just one step ahead but they lose all hopes. Life is about ups and downs. During the harsh times, we should show courage. Failing is part of trading but by increasing knowledge and efforts, times can be changed. Choose bitcoin as it hold good potential and trade with it.
188  Economy / Trading Discussion / Re: WHAT DOES A TRADER NEED? on: November 28, 2019, 04:12:53 PM
Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!

The more the better. Why wouldn't you use help provided on the net if you can. Stuff like Newscrypto that have all in one place for traders are ideal for such situations.

Yes I think this is enough for a good trader that he must have good stuff to get news about trade and Traders must have done good research before starting and he must have knowledge to fight against rise and falling markets.
in my opinion he must have time to trade for long term and I think the most important thing about trading is long term trading and making plan before trading.
When it comes to long term trading, I think the right term for that is investing because when we talk about trading, we are simply buying and holding it for short term and after we saw a progress on the market and gained profit then we will start to unload our bag and move unto the next one. A trader should have a solid technical skill so even there is no source of news, you can still trade well.
Long term trading is indeed somewhat equal to short term investing because long term investments are based on years but no form of trading takes that much time. Daily trade is done on hourly basis and short term trading is some where between few weeks or months. In case of long term trading, a trader might go up to 6 months but that is enough. Choosing the right coin matters the most to make sufficient profits.
189  Economy / Economics / Re: BEEN IN THIS GAME FOR 6 YEARS on: November 28, 2019, 03:09:40 PM
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.
190  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: November 28, 2019, 02:50:21 PM
You have to reduce your tax amount if you want to be rich or only governments will getting richer while the actual individual stays at the same financial level.But how to avoid this is real tax,we can audit the taxes based on income and expenses to reduce the tax amount but if we simply refuse to pay then you are an offender of laws.

Marriage is not mandatory but having sex is the basic need of any animal so we can't avoid this but if you know how to make girls fall for you no need to marry anyone.


i didnt know that its possbile to pay your own tax  . what i thought is that taxes are being charge automatically  ? maybe for small time workers and when we buy goods right ? so how can we reduce these tax if they are automaticaly being charged to us ? mariage was also important not just sex if ever you trully love the person or the girl   . not just these but people also need other stuff's which make thier income lesser and lesser but being rich isnt also important for the most of us  .
Taxes on goods are mandatory but taxes such income taxes or other taxes can be reduced by auditing them in the right way that will be better done if we give them to professionals.More business we have then we can avoid most of the taxes and loan is also an important factor we should understand when it comes to tax avoidance.
Living in a country and availing it services in any form do demand charges or taxes and these are good for the betterment of country. But the major problem is government. With a corrupted system, these taxes are never used to increase facilities for common people. Authorities that are responsible for auditing or reducing income taxes are also involved in corruptions. The best way to get out of this trap is supporting bitcoin, which is truly decentralized.
191  Alternate cryptocurrencies / Altcoin Discussion / Re: The use of stable coins or no? on: November 27, 2019, 02:53:10 PM
I don't trust stable coins...
I think they can turn into scam in every moment. Also, governments may want to kill them...
So I think, stable coins can be used only for short-term holdings.
But I hope, they will be much more reliable in future and we will be able to use them like fiat currency...

I do not totally agree with you because all you have to do is trade with the more reputable stable coins like usdc and usdt andif you are skeptic that one may turn out to be scam, then maybe cryptocurrency is not for you because any of the cryptos can liquidate or even assumed to be scam but that doesn't mean its scam. As for me, I do most of my trades against usdt on exchanges because while I set my price and wait to buy low, stability is important for me
Stable coins are no doubt, better options than many new altcoins that later on prove to be scam. Usdt is trusted and supported by many investors and the coin definitely is not scam. If it was the case ever, we already would have lost it. Moreover, not all the coins are weak or frauds. We can doubt any coin but having such thoughts regarding bitcoin or ethereum makes no sense when they have survived so far.
192  Alternate cryptocurrencies / Altcoin Discussion / Re: Do people still create new ERC20 tokens/projects nowadays? on: November 27, 2019, 02:21:54 PM
Most of these IEOs popping up still has their tokens on the Ethereum blockchain and that includes even new exchanges as well, hell even the old ones still has their tokens in Ethereum Blockchain and many of them would never migrate, all you need to do is just go to the announcement channel and you would notice that atleast 80% of the new projects posted are using the ERC-20 token standard.
That is so correct. Most of the projects are using ethereum blockchain. The reason behind it is pretty simple. People wanted to make money but could not create their own standard or way to use blockchain and utilized the existing one. Ethereum is also the number one altcoin and the team keeps on improving the project so it is a trustworthy starting point for new token makers.
193  Economy / Gambling discussion / Re: 30th South East Asian Games on: November 27, 2019, 01:06:36 PM
https://www.channelnewsasia.com/news/asia/sea-games-philippines-apology-12121398

I think this is a mess up for Philippines as being host in the South East Asian Games. Many visitors and early arriving athletes have express their disappointment over the hospitality of the Host Country. Read the articles and me myself as one of the community of the Philippines has totally dissappointed with what happened. I hope President should take action on this faster than the news arrived cause it's really ashamed for those who arrived early and given not a good treatment.

According to Cayetano, they are just humans and they make mistakes, but they already apologies and I don't think its really a big issue at all.
We are hosting an event so its normal to face some problem, and what I like about the media in the Philippines is they keep to reporting negative news instead of the good ones.

not only according to him but almost people can say it and can understand it  . mistakes do occur at all times especially on the big event like this because people are also excited  .  and about reporting neg news vs the good one ? lol that sucks to the reader or to the one's that see the new's    . i think they should change that atitude because that affects the reputation of one's country  . for the sea game's . goodluck to the participants  , hope all are safe
Everytime I watch the news there's a negative comments about how the host handle this event not just the venue, but also the accomodation and the food. I keep on watching to become updated for the latest happening on the game.

Anyway still hoping for the best and for the safety of the players.
It is highly recommended to not trust the media. They are mostly fake. All the stories shown by them are fabricated. They just want to make ratings at earn some fame. The main problem with journalist is exaggeration. Even is the event happened, it never was that big as shown. For the SEA event, Philippines is putting all of its efforts to make it a success and spectators must appreciate that.
194  Economy / Gambling discussion / Re: How Often Do you Bet on Politics? on: November 27, 2019, 12:45:23 PM
~In my opinion, each vote counts and we should always give importance to our acts. But this is the case where there is no corruption or manipulation of results. In a space of lies, votes of public do not have any importance. whether someone agrees or not, everything is decided before the elections ever take place. If not all, then most of the countries run on this principle. Politics betting is the easiest one.

I'm pretty sure that in most democratic countries elections are fair, and that's why it's not that easy to predict the results. And in the countries that are called "democratic", while, in fact, they are not, opposition has no voice, and citizens are brainwashed to the extent that they willingly give their votes to dictators. There is no need for manipulations even. For such countries politics betting would be easy, but, for obvious reasons, no one is accepting bets for countries like Kazakhstan.
A coin has two sides and every matter of life is like a coin. Democratic countries are believed to give power in the hands of citizens but this holds true for few countries only. In Most countries of this world, governments use different ways to win the elections. There are many manipulation methods. Politics betting is easy to win when someone can see through the plans of major authorities.
195  Economy / Trading Discussion / Re: How long do you hold on a trade. on: November 25, 2019, 03:06:14 PM
trading has been a difficult process for novices and minor traders. it could be tempting most times if you dont understand the market movement and TA. you might loose patience and cancel out a trade you might regret later. i have cancel out many trades that later ended up in huge profits. i have also cancel some successfully. i just curious to know if there is any sure way to this trading were by you hold on a trade.
You can't make perfect profits from crypto trading, it will change for every second so don't consider yourself as loser if you made less profits due to exiting earlier just cherish that you made some profits and continue to make more profitable trades and sum up all the profits to hold something bigger.
If he wants to make make perfect profits, then first he is obliged to learn. To make the most out of crypto coins, all the sold coins should be recovered. When an investor or trader sells his coin, the total amount of his holding decreases. He must get back to that amount after making profits in pumps. From these profits, he should buy the sold amount when a dip appears. Patience is the key to achieve success.
196  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2019/20 on: November 25, 2019, 02:41:52 PM
Both Real Madrid and Barcelona won today and this means Barcelona is at the top with 28 points while Real Madrid comes second with the same number of points. Barcelona is only ahead of Real Madrid by a goal difference of 1  Grin

Atletico Madrid comes 3rd and then Sevilla fourth. Looks like the table is already taking shape.
I can't wait to see that El Clasico this coming month

Nice thoughts... But it's still too early to start thinking that way, the league is far from over . I do think the Spanish League wouldn't just be a walk in the park for neither Real Madrid or Barcelona except they figure out where they're lacking and resolve it. Athletico Madrid would've been better this season to take the top position if they still had greizman in their team. For the El Classico next month, Barcelona looks to be the better of the two this season
Can expect all this from Barcelona. It is an amazing team, always remained on the top or mostly. The most painful thing for Real Madrid fans would be this one inch defeat that is mostly the case. But both teams put a real good shown on the floor. I also hold opinion that Barcelona has more chances to win. Athletico Madrid indeed is suffering loss by losing Griezman. He was the backbone of team.
197  Economy / Economics / Re: what makes us good investors. on: November 25, 2019, 02:20:31 PM
knowing when, where and what you are investing in will help us in our decision-making with our financial aspect.
Some people just investing because of shills and hype.
Actually, majority belongs to this group. They just listen something and start putting efforts to follow the trend without ever trying to understand the whole situation. These are also the ones that make blunders and face losses. Digital coin market is highly volatile and dips can cause chaos among ignorant who end up performing panic sell. For when, dips is the right time. For where, bitcoin is the right choice and for what, as much amount as possible is the answer.
198  Economy / Economics / Re: Would you use FB's Libra? on: November 25, 2019, 01:20:31 PM
With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.

Would the people actually use Libra should it be approved by the congress?

They have a Midas Touch, it seems anything they touch will turn to gold, they have a long plan and preparation for it, so they will not launch something that will look useless in the eyes of the people, we will never see the potential of one project if it's not yet promoted, once it is approved and they have the go signal, they will go full blast in promoting and launching a lot of products for their coin.
Like the games that we play on Facebook will start accepting payments in Libra and all the other money dealings will be actually carried out with the help of Facebook’s very own digital currency. The bill will be passed. The coin is highly centralized and utilizing it does not make sense at all. Anyone who loves his freedom and privacy, will invest in bitcoin or ethereum. But this kind is again a rare one.
199  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: November 25, 2019, 12:54:12 PM
~snip~

This reminds me a lot of Robert Kiyosaki, and one of his tips is that he doesn't pay taxes, he doesn't work 8h, to be rich he needs to know about business.

I think that investment is a way to get rich, but in the long term, market speculation is also a good way, but not overnight, it is patience and market research.

Nowadays, based on the keys they have for training, in some countries since childhood they teach us to prepare to live and obey a system, where the premise is to work for others and settle for a salary, and the failure is punished, but the Failure and daring to take the risks is what few do and when they learn they manage to take the road to get rich.

Now seeing things as they go, if we analyze the market right now, there is an exceptional way to take advantage of the purchase opportunity for Bitcoin, having an investment vision is: Buy and forget about it, wait until it rises to more than $ 20k or operate the market in the direction of the market, you can also take advantage, I think there begin opportunities to work a way to get rich one day.
The only way to become rich is make your own rules because you life story is different. It is impossible to win the race with someone’s else rules when the game is entirely different. All those who became rich had heir own way of thinking and doing things. Pay taxes if you fell like they are not being exploited and government is spending it on citizens. Bitcoin holds a bright future and investing in it is the way to improve finance.
200  Alternate cryptocurrencies / Altcoin Discussion / Re: Liquidity rating makes lotta sense on: November 24, 2019, 05:57:07 PM
This is good development. It makes things easier. It weeds out those who have fake volumes. But still, developers should do proper research. HITBTC is on top of the list but in my opinion, it is not a good place to get listed.
I agree, Fake volume coins/token will get a low rating and devs may consider the volatility of their token/coins. This is a good thing for the traders and the token/coin which currently has high liquidity on the market. I'm sure that the competition for the top 100 slots will become tighter.
This is the fastest way to know which exchanges are the best in this market and greatly reduce the risks when you choose to invest. At the moment, I always follow this ranking and only trust CMC data because it helps a lot with my investment. Now this problem has been solved and should only join some major exchanges like Binance, Okex, Huobi because these are 3 best liquidity exchanges.
It is not only about the exchanges but the coins too. Knowing the fake ones is no more going to be a difficult task. This is the most important thing for investors. Most of them get fooled by scams and lose a lot. Apart from that, the developer team will be able to focus on improving the project. CMC is the most trustworthy place at present which can help with taking right decisions. Binance is the first choice of traders indeed.
Pages: « 1 2 3 4 5 6 7 8 9 [10] 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!