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1801  Other / Beginners & Help / Re: If I want to explain to a 10 years boy.what is blockchain?How should I explain? on: January 31, 2020, 04:16:48 AM
Wow, I experienced this on spot, though not a 10 years old.

I went to a school to attend for my younger sister's meeting. I met her friends and told me that they are doing an explanation of their assignment but she doesn't know what the other one is amd she knows I knew it. I asked and she told it is Blockchain. I am surprised, not because I don't know but because it is being talked about now in a classroom.
1802  Economy / Trading Discussion / Re: Trading for Beginners? on: January 31, 2020, 12:53:45 AM
The most important thing to note as a beginner is: choose the candle stick that more convince to you and so more research into the platform. Never buy low and sell high if you cannot research into the said coins to buy at that particular time. Always watch the market movement before you made a move. Ensure to read TAs well not to get or run at lost as a beginner. You could also follow some good traders on the social medias to get information about any pump and dump coins.

As a beginner they will be confused if they did just this.

They doesn't even know what you are talking about. For me, the best thing a beginner can do before investing and even before trading is read. Gain knowledge since you can't just go into something without having any idea what you are doing and what you will be doing. That is important.
1803  Economy / Trading Discussion / Re: How long do you hold on a trade. on: January 30, 2020, 11:16:04 AM
Trading is not as easy as we imagine, many things are difficult to predict. Indeed there is no way to determine how long we must hold
when trading. Sometimes things like that only someone's experience can determine, because in trading sometimes we do need sharp
instincts in making decisions. So my advice is to avoid losses, multiply the practice. Because that way our flying hours increase and our
experience also increases, then by ourselves we can determine how much we have to hold coins for a long time to make a profit.

Just keep on reading.

It is true that we do not know what will happen with our cryptocurreny investments that is why we should not to stick in one,  but in some of the good cryptocurrencies in the market. Obviously should not invest what you can't lose, manage the risk, that is the most important of them all.
1804  Economy / Trading Discussion / Re: Are you holding Bitcoin? on: January 30, 2020, 10:33:09 AM
I agree that pump time for bitcoin is just in short period and most of the time is sideway. This is the reason that why most of traders still lose when buy bitcoin even in uptrend. The main key is timing, i believe choose the right time to invest is really important, even with altcoins.

Though no one really knows what is the right timing.

With the volatility of Bitcoin and other cryptocurrencies, we don't know what will happen. We may see it pump but we don't know when will it dump, it dump but we can't when will it pump so we usually invest in the middle usually when it pumped but starting to dump or dumping but starting to pump.
1805  Economy / Gambling discussion / Re: Fish arcade on: January 30, 2020, 09:52:15 AM
A lof of players played it here but I don't think they are into gambling.

I see them on game section on malls and a lot of people that played that are friends, usually they invite other people too so they can have fun with a lot of people. It's like 6 people in one table and shouting with each other. It is fun but just like I said, I don't think people will be putting money into it as we grew unto it as a game to have fun.
1806  Economy / Gambling discussion / Re: Biggest winning so far on: January 30, 2020, 08:29:29 AM
Wow, that is a good win brother.

I also thought of winning this big but that will not be happening since I seldomly bet big amounts and I just usually use satoshis that I get from faucets. Congratulations to you OP, and I hope no one will be encouraged by this since we all know there will come a time that it will be like this and most of the time it will never happen.
1807  Economy / Gambling discussion / Re: How often do you gamble? on: January 30, 2020, 07:07:35 AM
I usually gamble.

I play everyday, but not that frequent in a week. I can play 5 days in a week, sometimes I play whole week. I just play at those days not play the whole day. It is just a way to pass time since every time I am at home, I can't usually do things without opening up my PC and browse the internet and well, opening a tab of a gambling site.
1808  Economy / Gambling discussion / Re: Quick Survey: why do you specifically use crypto to gambooool ? on: January 29, 2020, 12:22:28 PM
Because I can avoid using my salary.

I still use my salary to gamble but not that much now since I can use some of my cryptocurrencies in some of the gambling sites I store. Mostly I just get free satoshis from the faucets of that certain site.
1809  Economy / Economics / Re: Countries with banks to buy and sell cryptocurrencies on: January 29, 2020, 08:25:43 AM
Aside from Japan, this is the second country.

I read this just two weeks ago and, despite the hype of it since it might trigger other countries to follow them too, at the end of the article, I read that doing this still pose a threat and I agree. I am not disappointed but I agree. Decentralization is a problem when it comes to this type of legalization. That is why I don't really hate people that is against this, it is the reality. As long as Bitcoin and other cryptocurrencies are decentralized, there is no way that it will never be volatile.
1810  Economy / Economics / Re: Is Bitcoin Over? on: January 26, 2020, 09:31:06 AM
if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better

What is the connection of the world and Bitcoin?

I don't see any strong connection of the world to Bitcoin. It will never unstable the world since the world can still run even if Bitcoin dies. I also think it would never replace gold since Bitcoin is decentralized and so volatile. Think about it, whales controlling the Bitcoin, just imagine what they can do if currencies is backed up by Bitcoin.
1811  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: January 26, 2020, 08:36:13 AM
I don't like centralization.

The main idea of cryptocurrencies is to avoid centralization. If the government will be creating one, I don't like that. It is great that the government is now taking a stance at cryptocurrencies but for them make one? No.
1812  Bitcoin / Bitcoin Discussion / Re: They want your Bticoin. Don't fall for this new scam, it's too real on: January 26, 2020, 06:18:05 AM
I just hope the pattern of scammers never change so people could be used and identify it quickly.

As long as people that we don't know force us to do something like this, think twice. I am not saying that all of the people who offered you like this is a scam, but most of them is. Thank you for sharing though, this guy might not stop and use other names to scam other people, atleast we all know his ploy.
1813  Bitcoin / Bitcoin Discussion / Re: Held a bitcoin seminar today on: January 26, 2020, 05:19:09 AM
Wow! That is amazing.

I wouldn't be able to do that since I would be really nervous. Even though they are my friends, I would be really nervous. The courage to give people some information about it is great, hope a lot of people could also do that. I think in our country that would be hard since we are talking about Bitcoin and they will be looking at it as a scam.
1814  Economy / Trading Discussion / Re: Who bought Bitcoin in late 2017? Still recovering or fully recovered? on: January 26, 2020, 04:35:21 AM
I am still waiting for the price to recover. My bitcoin will see 4 years of hodling and may see another 4 years if the price does not recover this halving. It may seem a mistake to hodl this long but I will see this through.

I can say that it is recovering.

The price of Bitcoin in the past stuck at $5000 to $6000, these days the price are just going back and forth at $7000 to $8000. We can't compare that to the ATH but atleast, we can say that the price of Bitcoin is recovering since it can still go up this month or maybe this year, we don't know.
1815  Economy / Trading Discussion / Re: Trading for Beginners? on: January 26, 2020, 03:43:17 AM
Set up a plan for yourself in advance and try to follow it. This plan should include the path you choose (what kind of trade you can do), how fast you need to go (amount of earnings) and what you have to do to avoid falling into the pits (management of risks and feelings). But, first of all, how prepared are you to set off on this road? If you need to learn a little more, do not ignore it.

More like how much can they lose.

Investing in cryptocurrencies is not that easy. As an investor, you should not always look at how much you can earn but also on how you could lose it and how you could reduce the risk that you are taking. I think you should not always manage your feelings first if you can't even manage your balance well.
1816  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: January 26, 2020, 02:56:07 AM
I still prefer not to talk about my major gambling profits because people will ruin it and easily make you lose it. I like to be cool and just tell a few people that they're so close to me that if they know later, they won't get upset. This is because people around you can have different reactions. For example, if you make a lot of money out of something they might be trying to steal it or change their opinion about you.
When the time I'm still gambling (I stopped already), I prefer not to share it to anybody because I don't want too.

I know that the ones who will share my gains in gambling will beg that I will treat them until all my winnings will go to them. One reason too that I don't want to share it is because I don't like that they will be addicted to gambling although I'm not addicted into it.

Here in our country, usually this is a problem.

People in our country is hospitable but sometimes, it is too much. People are contented to beg to their friends and sometimes mutual friends. I think that is a bad manner if being done frequently but still, they usually do that.
1817  Economy / Gambling discussion / Re: Poll for favourite cryptos used on Gambling. on: January 26, 2020, 01:49:54 AM
Xrp since the transactions are so low.

I could try a lot of gambling sites with it since the transaction fees are low. I would like Bitcoin but I don't want to transact it that much since usually gambling sites has high fees. Instead of using it on the fees, I think it is better to let it on that site and use it in my next bets.
1818  Economy / Gambling discussion / Re: Is the main purpose in gambling, always to make more money? on: January 25, 2020, 12:58:45 PM
The main purpose of gambling is to have fun and let off steam, but sadly, many people dig themselves into debt by trying to use gambling to generate an income.

That would be really bad.

I mean doesn't they even thought about prioritizing more important things than gambling? My family raised me to be a responsible one, he also hates gambling so my family usually hears a lot of lessons about gambling. The purpose of gambling is just to have fun, that should be it.
1819  Economy / Economics / Re: How regulation affects the crypto price on: January 25, 2020, 11:25:16 AM
I think it would not be affected in some sort.

I mean, if a country regulated to never use Bitcoin in their country that means they can just stop accepting Bitcoin but still, a user can access his Bitcoin wallet, transact Bitcoin to his friends or other people, he can still even trade at that point since they can't just block all of the sites where they can trade and sell their Bitcoin. The only problem there is how will they be able to send or convert their Bitcoins into their fiat.
1820  Economy / Economics / Re: Crypto Taxation on: January 25, 2020, 10:25:01 AM
The issue of cryptocurrency and tax has recently become popular. States may want to derive a tax income from this situation. But this is not a simple matter. How will they get the tax as bitcoin? This is a very complicated issue. I don't think it's possible for now.

I don't think we should even think about it but there are countries that already taxed Bitcoin.

This depends though on how they are using Bitcoin. If they are using Bitcoin in a company and they are accepting it as a payment or salary, they would be under the law of income tax and that would obviously be taxed.
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