Ok, as per CZ's tweet they have started testing trading now. So let's see how it goes. I'm pretty sure that prior to going on production, they have implemented much tougher security. They've learned a valuable lesson's from the hack and that is why Binance remains that top exchange because they improved things around their exchanges. Unlike those exchanges that have been hacked before, they usually closed, and didn't refund their customers.
They really need to change their security expert; any security expert that is a guru should be able to think out of box, thinking out of box in the sense that, he should be smart enough to know every loop holes that a hacker can use to break the system down. If they had used a better security expert, it is not now that a hacker should be showing them where the security bridge is for them to start learning on how to fix them. I just hope that this time around, they have no loopholes left for these hackers to take advantage of again, otherwise, if this befalls them second time, they might lose their reputation completely.
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the strategy that I did was very easy, I believe I was not greedy. when I get profits according to my daily value, I stop trading and do it again tomorrow. waiting for the price to go back down, for sale when the price increases.
Best strategy, the sweetest of it all is what you are using, at least, you can still boast of something to keep the day on no matter how little it is, but the only extra thing I just added to mine is to still have a portion of my fund for long-term trading that I don’t touch at all whether the price is fluctuating or not. That one can class me among long term holders that will take big profit in future, while intraday trade still gives me the opportunity to make money on a daily basis by buying low and selling high. Although it is easier for those who can trade to follow this strategy than those who doesn’t know how to trade.
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Why USDT, I thought you want your money to grow, and why BNB, I think investors are still not confident with this coin, due to the recent hack.
I think he want to lose some of his money that is why decided at this level. Perhaps, he just doesn’t really know USDT stands for and what it is also used for, because if he does, I am sure he will not be looking at stable coins for investment out of many great coins he would have invested in. More so, I still don’t even get the gist as to why he is planning to even take out of bitcoin which is the major coin that everyone is looking up to for any reliable investment ever. Anyway, if he is to listen to advice, its better he just leave the coin in bitcoin because I am very hopeful that within the next 2 months, his investment would have already clocked to about $10,000 because as at the time he posed this, I think he seems to have 1 BTC already.
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The duration of how long the casino has been operated and how crowded the casino is, are the first two things that mostly will be my consideration. If the casino has been operating for more than a year and many people still visit it, I think the casino is good enough as our gambling destination.
Sites that have been in operation for years are safer to play on. I also don’t joke with that. That’s the first thing I would put into consideration. Yours is even fair for one year. Mine is minimum of 3years. There are other factors that I put into consideration 1 No casino site must ask me for KYC. It’s a no , because I have seen some site now ask for KYC, I am a gambler and as gamblers everyone should know that we like to keep our life’s private, so it’s annoying when some casino sites now ask for KYC, even more when it’s a crypt site. I don’t play on such sites. 2 I consider the reviews of others before I gamble; I think that is very important because it’s better to learn from the mistakes of other people.
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It is possible but we know in gambling luck isn't always on our side. So what if you loss 1week or more and you have family. You won't eat then, will you take a risk? Not a good idea in any angle. Daily expenses should come from a stable job that gives you a steady income. Not from a thing that depends on luck.
You can’t just assume that it’s impossible because you feel the income coming from gambling is not always stable but you should know that different people to how they plan and how they manage themselves. I know of a family man that lives his life on gambling, no other source of income and he has a kid. I sometimes imagine how he survives with this but I know so well that, that is what he does for a living and he is a professional gambler. From my discussion with that man I realized that not all gambling is a game of luck. There are some that requires skills and professionalism and a lot of work is always put into such to bring about consistent earnings. So anyone that desires to spend a living from gambling might have to go through that process by learning, studying and doing all that is required to keep winning.
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I see myself winning in gambling if my capital has increased for a long-term when calculating my trading profits and lose account. If I am losing in number but my capital is increasing I will see myself as a winner.
That was the happiest moment by the gambler if the saw that they had won by increasing their capital as starter money. For me the definition of winning in gambling when I saw that my capital has been doubled and increase from overall I was wagering. But I think that is not an easy indicator in a way of winning if we can talk about long term profit maybe we've won today but the loss was more than you've won. How can long term profit be the happiest moment for a gambler? well maybe some gamblers but definitely not my kind. I understand that I can be cool to see after a long time of gambling that the capital we started with would have increased and looking back at all we have been through in the game, we get condolence from the overall profit but the truth is if a good estimate is made, as a gambler, you would also discover that during the process of playing, we still made some loses. For me there is nothing like instant cashing out. LET ME SEE WHAT I MADE FROM MY GAME IMMEDIATELY THAT IS WINNING FOR ME. I consider myself a winner in gambling immediately after the end of the game.
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Hy all. How are you.Do you have a long-term plan for cryptocurrency investment? What are your plans, Is it only to gain profits in the future? Or you have hope and other dreams. Thank you very much.
Actually, we have more coins to invest for long term, just choose some good top coins to buy such : BTC, ETH, TRX, XRP, etc. The difficult thing is short term investment. In cryptocurrency, the value is volatile that it often change in short time. Another thing to consider if you want to invest on long term, you can buy masternode or pos coin and gain more overtime by staking it. Short term trade is not also as difficult as we see it, many people usually find it difficult to decide when to enter market and when to exit market, there are so many things that just needs to be done, i.e read the analysis first to decide when to enter and leave greed out by taking any little profit that climbs, there should be no regrets even when one eventually see a higher price. Notwithstanding, it is still a must that every investor must also be a long term trader too by just holding some of the great coins that are in the top 20, which I prefer BNB, IOTA, STELLAR and few more of them.
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Hello,
I have never really used stablecoins so far, my question simple:
Which stablecoin is the real stablecoin and can be trusted? USDT always seemed like an option but they had that issue when the price suddenly dropped down to 0.85, which makes me trust them less.
Is there a stablecoin to which you can put your funds and be sure that you will get back what you put? (I know it cannot be 100% guarantee, but which according to your opinion is the best?)
Well tether would have really been the best bet, as when it comes to leveraging, they serve that purpose right and even changing your other cryptos temporarily to them, but for now, I really don’t know what is going on with tether with these FUD news about them, I guess they have not been so transparent as much as we all thought, since they are being accused of over printing. I don’t really know any other USDT, but you can still check the coinmarket to see which one is still above the other, then you can probably go for that, but always check updated from time to time, as there are so many factors that could contribute to their not being stable.
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Ima be blunt, based on the fact that loads of people are still without exchanging trade pairs because the likes of binance and such have decided to close deposits indefinitely (gcse computer science and business for us teaches how to develop disaster recovery regimes) so the fact that high profit exchanges can't do it is just off.
Most of these exchanges do stuff with customers money too while on there especially if they haven't withdrawn for a long time. Coinbase, poloniex, bitmex and binance I believe will all be susceptible to this, as well as bitfinex who have already proven how great their money management strategies are (I luckily only had a dollar on there at the time of that hack)...
We have lots of big exchanges in the market which Binance is still the best of them, and for the fact that they are being subjected to hacking doesn’t really warrant that we term them bad exchanges, they have their security in place but there is never a system that doesn’t have that little loop holes. It is just unfortunate that Binance loop hole created a very big mess for them which they are trying to strategically clear off to protect their coin from being dumped, which is why they place deposit and withdraw suspension on their user’s account, they just need few more times to handle these security issue and they will open up the platform again.
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The price of bit coins is increasing. The price of the alt coins is decreasing. There was some investment in my alarms. Which is now almost zero in capital. Only 20% of the total investment is left now. In my absence, I am getting very disappointed day after day. I think many people like me are so disappointed. If you really have been following the market in the time past, you will know that this is usually the ways of altcoins, I dint know where we got that ideas from that altcoins must always follow bitcoin and the fact they are not following bitcoin means they are dead. What do we call BTC dominance, it is a time where all investment focus are all on bitcoin, and altcoins gets little or no investment, wherein majority of people that cannot afford to change extra fiat to BTC to enjoy the pump profit Changes their altcoins to bitcoin in the meantime, which they will definitely put back before the altcoins season, so there is a time for the alts too and it’s not now, when the time comes, you will know, even that dead coin of yours will rise.
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I din think PayPal coming into crypto is a good fit. Although it would be huge with their market share they have in their respective market I fear we would be moving towards centralization which is exactly what crypto stands against.
You are right, many of these big companies coming into the crypto space are not really coming to fully established a decentralized system, I am sure they have found a way around it and that is why they are all bold enough now to join cryptocurrency. The only crypto project that I still respect till date which is the most transparent and reliable one is bitcoin, and no matter how much these people all release their own coin, they can still never compete with bitcoin and bitcoin will always find its way into most crypto user’s portfolio due to it reliability. Well, let us see what paypal really have in store for us.
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what will happen to price of ethereum depends on what will happen to bitcoin price, if bitcoin continues this way ethereum can't remain stagnant, the price will soar as well.
I don’t think ethereum has to wait for bitcoin alone to increase in value, they really need to ensure that the reason why they were created is really working, they need more projects to build their platform on them so that there can be many people that will use ethereum in having access to those projects. What we really need more now is the usage of ethereum, and I think that is the only thing that will keep ethereum price high, because as they follow bitcoin alone in its uptrend, it means when bitcoin goes low, they will also follow bitcoin too in its downtrend which is not supposed to be.
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IMHO I would wait a little bit with IEO, only Binance and only for a short period of time.
People can’tcontinue to wait for Binance IEO forever as if there is no good exchange that can also handle IEO project. Most of the IEO projects that Binance has handle gets sold out within a very short term as you acknowledged which makes it difficult for all interested investor to be a part of the project. We need more reputable exchanges to really go into IEO too so that there can be a fair distribution of participation, although in joining IEO from other exchanges, one needs to also be careful and not completely depend on their own recommendation, we still have to do our own little research when joining, so that we don’t end up getting disappointed.
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yes, project that held IEO protected bounty hunter because there would be no word scam there andbounty hunter would not work in vain while supporting the project
but not many IEO projects are carrying out bounty campaigns. there are also projects that have successfully made IEO sales at binance, but now it is still in preparation and has not yet materialized. Do we even have any IEO project that has really produced any campaign for hunters, there is none that I know for now, because the hype some of these big exchanges has been really making the few IEO projects launched gets sold out within few days and I think until projects become too much on exchanges, before they can start considering to involve bounty hunters. By that time, people would have gotten over the hypes and then won’t respond that easily to exchanges again based on hype, so they might need the help of hunters which I believe the interest of the hunters will be well protected then.
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Will the upcoming halving really bring big changes to bitcoin? I remembered when the 2016 halving crossed, it turned out that there was not much effect on crypto prices
This halving of a thing has really been talk of the town and I would like to really see its effect, because I don’t believe in trend that much, for the fact that the last halving had positive effect on the coin doesn’t mean that it will do the same again this time, aside the halving, FOMO also contributed to why the coin also jumped in price the. I will wait for this litecoin halving for me to really believe its effect and also be sure that bitcoin halving will also affect its price, otherwise, we just have to keep hoping and waiting for investors, institutions and many more projects to see reason why lite coin would be useful and take action.
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Hi all --
I just joined bitcointalk to learn from folks about the economics of bitcoin.
Are they any noteworthy discussions on cryptoeconomics?
I will be digging through myself; just thought I'd used the collective brain of the forum to speed up my search!
Thanks! Looking forward to discussing.
-Adam
Welcome Adam, good to have you here and I am sure you will learn a whole lot in this forum, if you really want to learn and acquire solid knowledge about the crypto events generally, I will advise you visit ivory tower section ( https://bitcointalk.org/index.php?board=251.0). That is where you see well meaningful and constructive post and comments that are well educative enough, unlike some other boards where you just see people shilling their coins and going off topic on the subject matter, but there are strict rules there that people adhere to, making them have a very meaningful conversations.
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Russia government is crypto friendly they are forming crypto law in the coming future that doesn't mean they change their country reserve to bitcoin i strongly belive it is false news
It is possible they change it entirely in future when the cryptocurrency system has been fully established and accepted but not at this early stage. One thing I am really certain of is that we have some smart countries that are using bitcoin to increase their reserve, which will be the wisest thing to do now that some government are not yet in the loop. Imagine Russian government using 5 million dollars from their reserve to buy bitcoin when it was $5000, which means that within this short increase, they would have increased their reserve with about 2 million dollars extra without much stress. Do you know what project that will solve in their country?
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I don't think a person who is as skilled as SN would not realize a bubble and imminent market crash --if we assume SN is a person.
Look at all the ICOs with enough fund and team members, yet they fail to deliver the product after all this time. This situation made me realize that SN probably is not a person.
Satoshi only created one project which is bitcoin and any time we mention satoshi and ICO, that is the only project we need to attribute to him which has been a successful ones, we all know that satoshi in his whitepaper did not advise people to use cryptocurrency to raise fund, he only advised of using blockchain technology in solving some challenges of the organization. The project he even created himself was intended for payment purpose only, the reason why he did his own ICo then was just to get support to be able to make the project a successful one, but ever since other companies saw that it was possible to use it to raise fund, they started copying him.So them not delivering project has nothing to do with satoshi, satoshi delivered his and that is what we are still enjoying till date now.
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The US Senate banking committee wrote a letter to facebook questioning about the nature and legality of it's cryptocurrency project code named Libra. https://www.banking.senate.gov/imo/media/doc/5.9.19%20Facebook%20Letter.pdfThey essentially asked whether it would enable users to have privacy and would make it harder for the government to monitor every personal and financial moves of people in the US and around the world. LOL, finally government has fully opened up to why they are skeptical about the adoption of cryptocurrency. This has always been their fear; they don’t want to lose the control they have over the finance of their citizens. Government are really selfish, and for those who has been asking why satoshi is not showing his face, do we now have a clue to why life might be difficult for him if his identity his to be known. Well, I don’t expect Facebook to tell them yes, and at the same time, Mark too will not do anything that will make him have issues with government, that is why I don’t believe that Facebook involvement in cryptocurrency will fully be a decentralized one.
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BTCYesterday,I checked BTC Chart and this was seen, Confirmation checklist detects more confirmation should be done,I haven't brought myself to believe that the bull Run is here. I was still in doubt till I saw this, I know there are more knowledgeable people for Bitcoin and cryptocurrencies in here than any other place in the world, I'm of the opinion that the bull run is here, do you share the same opinion with me? Or do you have a different opinion? What are your reasons? Bring your strong reasons and charts, Let's discuss Oh my God, I shed tears when I saw that the price of bitcoin had increased to about $7300 when I woke up yesterday, although I already have my holding in a portfolio but I still have certain money I have been doing short-term trade with, I thought there was going to be a pull back from the $6900, so I sold, only to wake up and saw it had shoot up to $7300. The Bull run has finally started and anyone still doubting this really need to trace the history of bitcoin to see that it seems to be following the past trends, we might just continue on this journey till we see the ATH, I don’t think there will ever be a retrace again.
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