That could be true but I don't think it will happen right now. Simply because it's still not easy for institutional investors to come into crypto. There is no way they will use exchanges that don't offer them the tools they like, and don't seem reliable, in terms of security and internet connection. We cope with the lag we normally face during peak times, and we never keep to much money in exchanges because we know they can be hacked.
Not saying that your suggestion is wrong, and I actually agree with it. But I think that before regulations gets done, and bitcoin ETFs arrive, we will not be seeing institutional investors putting money into bitcoin.
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It actually happened to me once, and it was quit stupid. I usually play poker online, and I won an entry to a tournament that would take place in a land casino. The tournament would be held on summer and the casino was close to the beach. There was still time before the tournament so I decided to check it for a while and have some fun while there. The door man said I could not go in because I was wearing shorts (it wasn't even beach shorts, it was casual shorts). I thought it was stupid but I was ok with it, and left.
I then came back, when it was time to enter the tournament and I decided to take exactly the same clothes. It was the same door man at the entry, but at this time he could not say anything of course, since I had a pass because of the poker tournament. Managed to do decent at the tournament and then I was able to win some at the roulette as well, so it was a good experience overall.
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I never understood why there was so much FUD regarding South Korea, because for me it was quite obvious that they were never really thinking on banning crypto. The same thing goes for Russia and India in my opinion, but let's wait and see. I would like to see how the investigations regarding the possibility of inside trading will end. For me, this was just market manipulation, and I hope people will eventually get it.
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I'm afraid that you will not be able to find what you are looking for in the crypto world. It should be easy to find a site that doesn't need verification, although some rooms reserve the right to ask for verification at any time, but your main problem will be to find a poker room with a lot of players. I would say your best option is nitrogen sports, but they are far from having a lot of players. I tried to play poker with crypto, but I just can't find a good number of tables, because I like to multitable, and the tournaments are not very regular and don't have those many players as well. We might have different criteria though, so go ahead and see if you like nitrogen.
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Yes, those are really good news. The number of unconfirmed transactions decreased substantially during the last days. Some people say that it's because of investors losing their interest on bitcoin but I don't believe that. The bitcoin 24h volume on coinmarketcap didn't have a substantial decrease so people are still engaged with bitcoin. I think that exchanges, that are still accountable for the majority of BTC txs, are finally taking a more responsible approach (probably batching transactions for example), and that helps the network a lot. Things will even get better as soon as coinbase implements segwit on their platform.
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Lately all the projects try to attract best faces onboard for their projects, I started noticing that they are almost the same everywhere. What things are more important for you? Are advisors one of the most significant criteria?
I don't think that are important because I bet that most of the times they don't even care about the project, and just lend their name for profit. I usually take the advisors just as another marketing stun for the project. Also we can't even be sure they are real advisors, and the team might just be using their name to promote their project. If I actually see the advisors being active on the project, either by promoting it or helping in it's development, then I might take them in consideration.
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I actually read a similar version on cointelegraph and I guess it could work. I don't really see why not. Just look at ICOs, they are complete madness right now, so if companies start building IBOs (Initial Bond Offering) you will be able to cut down the middle man (investment banks), and go directly to the investors. Companies will not just get access to a larger number of investors, but will also save a ton of money in fees etc.
This might be the next big thing for ethereum, or other coins that enable smart contracts. Cryto can be everywhere in the finance world, and it's here to stay.
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
Don't take me wrong, but I think this shows how little knowledge you have about bitcoin, and probably even crypto in general. Although bitcoin is mainly used as a financial asset right now, and people just use it to trade like forex markets, the truth is that this is not the main goal of bitcoin, and the reason why it was created. Bitcoin was meant to be used as a form of payment. And not just a form of payment like paypal, or visa, etc. Bitcoin is suppose to become a decentralized currency (you can see it as digital gold, that is easy to use). So in theory, if things go well, true holders don't need to sell bitcoin for fiat, because they will be able to use it as a currency, and "trade it" for goods. Instead of paying with fiat, you should be able to pay with BTC.
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For me exchanges are perfect for trading, so when I think on an exchange I only think on trading possibilities. For instance, I think that if coinbase didn't had Gdax, it would be a terrible exchange. I will start with interface:
- It should have a ladder with the ask and bid orders (just like Gdax). - It should have charts with multiple time frames, and some indicators for you to choose from. - It would be great to calculate the profit/loss of your current position, as the market fluctuates, since it helps you to make decisions, specially when you need to close a trade fast. - Having a button with some default stakes you can use for your trades, and a "current stake" (the last amount used) would be great as well. I like scalping the market, and these are great shortcuts to have. - You should be able to drag your orders from the ladder to different prices as well, or simple cancel them. - You need an option to set up stop losses as well
On top of all these things, we need the basics of course, like a good connection with no lag, and fast price updates.
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Right now I would say you need to cut your access to crypto funds, so you can stop gambling. Create a new wallet, or set a password for you current wallet, and ask for a trusted member of your family to keep it safe. The reason I'm suggesting this, is because it's way to easy to gamble with crypto. On a fiat casino, you can normally ask for exclusion from the site, and since they normally have KYC, you will not be able to play there again for a while. You just can't do that on cryto, so you need to shut off your access in a different way.
After that, you should of course ask for psychological help. Gambling can become an addiction, and it's a lot more difficult to try to treat it without help.
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I currently have no coins deposits on fortune jack but I never had any problems with them so far, so I think it's a bit soon to start any gossips about possible scams. They are probably the biggest crypto casino out there, and with no real issues during all these years, so I guess you could given them some credit and just wait for a while. They are probably just solving some issues like they told you, and those things take time. 24h is not that much so just be patient and give them a couple of days.
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I would definitely go for Ethereum. Nothing against litecoin, and I prefer it to many other coins that want to compete with bitcoin, but it just can't compete with Ether. It's not even made for the same purpose, so if I would have to choose between a coin that aims for goals similar to bitcoin's, and a coin that has a completely different purpose, I would go for that last one. That last option is of course ruled by Ether at this time, so I would say it's a much better option for holding.
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I think you plan sounds great and although I like to day trade, I actually have some long term positions, and I usually try to diversify them as well. I don't think holding a lot of them is good though, because in the end it's still all crypto, so don't forget that you can diversify outside crypto as well.
You should be the one gathering information, since we will all probably say something different to you. I would switch your ripple to stellar, because the point of crypto is usually decentralization, and ripple fails there. Stellar is a better middle term, since it has good partners and it's more decentralized than ripple. It also has more potencial, since it can even try to compete with Ether, since it can work as a platform for ICOs as well, and some are already choosing them over ether.
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So everything is in the title. What can you do when you have been scammed ? what are your possibilities to recover your funds, I mean here in the community, excepting going and report to the police.
It depends on the scam, but normally I would say the chances are quite low. We actually have a really good example on how to try to recover from a scam. I'm talking about bitconnet, since it took huge proportions and a lot of eyes are on that case will be solved. I think it's a good thing they are taking them to court, but I really doubt it will lead to anything. I think that on the majority of other scams, the people behind them are not even identified, so you can't really do anything.
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Hello bill gator, I'm actually trying to do something similar, but with a little twitch, since although I review the posts and threads, I intend to use it more like a personal filter. You can still check it out in case you would like to participate, but I'm not searching for a review on that one ( Thread here). The thread I'm actually submitting for review is ( This one). Although it's actually good to receive merit for what we do, what I really hope with this is that maybe my thread will be more visible, and I think that's important (otherwise I wouldn't be doing it). Thank you. EDIT: Forgot to add this one. I think it could be important since the merit system is quite recent ( Thread here). It's just my opinion, but maybe it could help other users.
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Yes we should all support bitcoin together because I see many people are spreading negativity about btc that is not good anyway. Negativity affects the btc value it cause fear in new traders but those who are doing trading professionally they are calm because they know market moves both side and when market rose aggressively market makes correction too after rise so it's the time to hold rather than sell. But always calculate your risk.
From a traders point of view the market is fine. Volatility is what traders like, and if they are good and have good strategies they can cope with everything that is happening. I would like to fight FUD not from a trader perspective, but from a usability perspective. I want to use bitcoin when it's ready for that, and not just trade it. I really didn't saw Facebook banning adds as bad news. It should actually have a positive effect for the crypto markets. I read your post, and you said it yourself, you don't even click or look to those adds. I usually do the same, but there are plenty of people that actually get themselves lured by the possibility of fast profit, and might click on those adds, and support bad ICOs (just look at bitconnect for example). So by banning these adds, I expect that the number of uniformed investors that comes into the market, that are only driven by FUD or FOMO, will decrease, and that is good for crypto in the long term, as it will get more stable, because people investing in it are more informed. Thank for the article, this is actually great news, and I guess that the markets are already reacting positively on this. I completely agree with him, evolution shouldn't be stopped, and crypto is important for us. We must regulate them of course, specially because uninformed investors act irrationally, and can be easily scammed. Another good news I will add (regarding coinbase finally making implementing segwit as a priority) https://cointelegraph.com/news/coinbase-crypto-exchange-to-roll-out-long-awaited-segwit-upgrade-in-few-weeksI would say things are looking good for crypto future!
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What do you think is more important for a project: to deliver everything in time, even though the quality will be lower; or make reasonable delays but deliver a really nice project that the team is confident in?
That is a tough question. Quality is of course the most important thing in my opinion, but there is no such thing as perfection. So if you keep searching for it, there are chances that you will never end up delivering anything, and the ideas get lost. You need a commitment between those two things and see what your public needs. Keep delivering things that are stable, even though they are not perfect yet, and keep that perfection as a goal for future development.
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I don't know what to say about SC: 1500, XDN: 1500, and ENG: 22. Because I don't know those coins very well, but I would do a thing with the other positions you have. All of them have decent potencial of growth so as soon as this down trend stop, you should be ok, as they will likely recover. From all of your holdings my favorites are BTC and ETH of course, but I've heard some good things about ADA and XLM (I also have some open position of those coins, and I don't intend to sell them).
If you are not good at trading, then don't. Just keep those coins as long term positions. No point in selling when there are good chances that we have already hit the bottom. I would be a little more worried if we crossed the $5k support level down (but even there I would keep my long term position on bitcoin). You must really set a strategy. I believe in BTC so I have a long term position that I will not move no matter what happens, and then I have a trading bankroll that right now is mainly on cash, but I do have some middle term position as well (like the ones I've mentioned about ADA and XLM). Since they are very connected to what happens to BTC, I would considering selling those if BTC crosses the $5k mark.
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A lot of things are happening and those that don't really like bitcoin are taking their turns releasing bad news. This has created and is now maintaining a lot of FUD in the markets, that are filled with retail investors that joined the ride looking for fast profits, just like the .com bubble. Was the internet revolution a lie? Of course not, but there were a lot of scam companies that took advantage of that hype. The same thing is happening now, and we will just see all those weak hands sell their crypto because they are afraid of what is happening and don't quite understand it.
My belief in a decentralized future remains intact, and crypto will play a large role in that new world. Maybe we hit the bottom for this year, maybe we didn't. It doesn't change a thing.
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Thanks for the post and the title correction (it's done). I'm think we have the same views in tether, and yes I agree with you, technically it should be unimportant, but there is the impact of human behavior that will be reflected in the markets. This is the main problem with crypto markets in my opinion. Since they are dominated by retail investors, that most of the times don't analyze their investments as hey should, end up showing irrational behavior because they lack the knowledge to do better.
As for the article you've submitted it's really well written and clearly takes a good picture of what the future might have in store for us, and it looks great, so yes, I will add that link to the "good news", even though it's not a consumed fact (but then again, bitcoin is also in development, so it makes perfect sense).
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