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201  Economy / Trading Discussion / Re: How to take advantage BTC Pump and Dump in short period? on: November 22, 2019, 03:50:38 PM
Technical analysis might gives an hint but its not possible for anyone to predict the short bumps and dump,so if you see any buy or sell depends on which could gives you some profits,don;t be too greedy you can't sell at the perfect top price.Something is better than nothing.
Technical analysis is not essential to make profits from bitcoin. The most important trait is the knowledge that an investor has regarding this coin and how much trust he puts into its strength. No one can predict the exact values but the upcoming trend is guessable. The best way to learn about bitcoin is by observing it changing value with respect to unit time. Come up with one’s own analysis.

Yes, technical analysis cannot be a benchmark of rising or falling bitcoin prices, I myself analyzed bitcoin directly to the market to see the trading conditions there so in my opinion the technical analysis is only temporary and cannot be revealed right,
Looking at the market right away and whether there are buying in large quantities then this possibility will rise again for bitcoin.
Nothing can be more helpful and useful than doing your own research. With Bitcoin, volatility is so high that making accurate predictions is difficult even for the experts. Instead of following others, the right way to become successful in any domain of life is to make your own way. Good to hear that you do your own analysis by keeping an eye on the market. This is how crypto trading should be done actually.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunters do not need to wait for altcoin season on: November 22, 2019, 01:18:39 PM
Bounty hunting is one of the best way to earn, but this doesn't gives assured earning because one in five projects distribute the tokens for the participants while majority just leave the bounty participants empty handed. Altcoin season hasn't begun, lucky bounty hunters too benefit good by the time of altcoin season. Waiting for altcoin season isn't the fair decision, good is to invest by now as it serves to be the time for large scale investment.
Bounty programs, signature campaign and airdrops used to be an easy way to make some coins without investing any penny. with an increase in popularity of cryptocurrencies, scammers have found a new way to trick common people around. also, The halving is on its way and after that Bitcoin will rise high. Once, this happens potential altcoins will also gain value. So instead of looking for bounties it is recommended to have some Bitcoin or potential altcoins in hands.
203  Alternate cryptocurrencies / Altcoin Discussion / Re: How to prepare for long term HODL on: November 21, 2019, 12:34:34 PM
I agree with the statement that not all altcoins are on long-term detention. because only a few altcoins are good for long-term hold. we must be really smart and careful in analyzing a coin before we plunge into it
in the long term, it is better to choose altcoin with a developer who actually runs, for example, ethereum, xrp, waves, litecoin, xmr, crpt, pundiX, etc.,
we must know whether the project is active or not, if you buy BCH, or Doge for the long term I think you have to think two times  Wink
you are right and if someone does not plan to stay in digital coin market for long, then he should change his approach. Digital currencies benefit only when held for a long duration. People who come and go within short duration s, fail to get rewards from digital assets. In any case, investing in potential coins can only give investor profits. The best is to choose bitcoin but mentioned altcoins are also not a bad choice.
204  Economy / Trading Discussion / Re: Is Trading competition good way to earn money? on: November 21, 2019, 11:53:23 AM
   
First of all, You have to understand that the market is in full of competition, so as a small trader you don't have a chance to make money from your small amount because you have to pay fee whatever your amount it is, So the low volume is not suitable to the trading purpose, you need to focus another thing that the market is controlled by the big holders so staying strong in trading purpose is not an easy task for you, so trading competition is not a good way to make money for me, I usually not go this system, I think Holding and Investment is the coolest way to earn money from this platform.

Since I am not that an expert in trading too, so I stay away from trading competition as I know that there were lots of trading expert our there, instead I just focused on what I can do at the moment and maximizing it, maybe if I will be that expert then I will join trading competition, and it will take few more years before I become expert as I am not that full time in trading.
Every master was a beginner. If you are not too good or don't consider your skills sufficient enough to be part of competitions, then you must give yourself a try and discover the truth practically. To achieve big, you need to think big first. You can try demo accounts for improving your trading skills. Those really lend a hand in progressing. No risks are involved at all but a considerable learning is.
205  Economy / Gambling discussion / Re: Do you use betting tips? on: November 21, 2019, 11:26:12 AM
you have to realize that no one has a crystal ball to know who exactly wins at a soccer game. I am a newcomer to the sports betting world, I have already made many sports bets and the ones I made were more wrong than correct, I used some tips that also went wrong. So I decided to study the market better to understand better because I'm having bad results, and I realized a few things... The first thing I realized was that even the experts have had a lot of losses and because of that they are creating channels on youtube and selling books to have more income because they can't make much money with sports bet. Second thing I realized was that we have to analyze each game very carefully before we make any bets
As far as I know strategies in the world of gambling, whether luck based or not, don’t work. gambling offer no sort of winning with the help of Strategies and plans. Sport bets are totally about your knowledge regarding the opponents and their skill level. That gambler will win the game who has more knowledge of sport. Moreover,  there are times when the outcomes of sports betting are also luck dependent. In that case no one can predict it beforehand.
206  Economy / Economics / Re: Where's my free money? on: November 21, 2019, 10:57:26 AM
I was promised like 250k by McAfee in BTC value.

When's the price gonna skyrocket like the last 8 times? Tell me plz time travelers.

Did he personally talked to you? or you just followed his shills?
everything in crypto is uncertain, you must always do your own research. It's your money so it's your call.

I really don't think McAfee has contacted him in person or knocked anyone’s door to give his predictions regarding bitcoin. That statement was just to give a glimpse of what bitcoin really is capable of. I firmly believe that bitcoin can touch this much amount in future, some day. But like everyone else, the right time cannot be predicted with accuracy. After the coming halving, bitcoin will be near 50k dollars.
I think the only free money here, the other way from mining is that joining in some airdrop, because there is no such thing that you can gain actually a lot of money for free, every person in here is using their own knowledge to earn some money their own different ways, there are people that are good at investing, they are supporting particular project with their own money, there are also earning because of promoting or advertising a particular project, they are actually called bounty hunters. There are also using intelligence in terms of gambling to earn also. There are also traders in here in which they are buying some tokens at a low price and selling it at high price.
I agree with you. Airdrops, signature campaigns or bounty are the ways that can give free tokens and coins to the participant. The problem with this method is scam. More than 80% of the present market is fraud. Under these circumstances, the more appropriate way is to earn coins by offering some service in return of coin. Gambling is not a source of income in any way. It is just a game. The best is to invest in Bitcoin and start trading with it.
207  Economy / Economics / Re: Fiat currency value and Economy debt on: November 21, 2019, 10:28:31 AM
In a world economy where what governs is debt, and part of inflation, it is best to protect yourself with Bitcoin, some give options better known as gold, it is valid, but an economy where it is managed by debt and fraction of inflation the best It is a deflationary economy.
And that is the opposite of what they want, governments cannot tax your wealth directly, they have tried in the past and people have always been strongly opposed to this, so they had to figure out how to tax what you have saved in fiat and they found their solution in inflation, if they print 3% more money then there is a 3% inflation and your money will lose as much purchasing power, they are effectively stealing your wealth and the only way to protect you from this is by not holding fiat and hold something else.
Citizens pay tax on every facility they avail. Every product that they buy includes tax. Every mobile recharge, electricity bills, gas bills, medicines and all that can be imagined has tax on it. So it is impossible to run away from this. It is also not a bad thing as long as the government is not corrupted. Inflation is a separate problem. This can be solved by introducing blockchain technology.
You are right when you say that you cannot avoid paying taxes because everything is taxed by the government but at least when it comes to things that you buy you have a choice, you can choose what car to drive, how much electricity you use and what food to eat, but in the great scheme of things the most damaging tax by far is inflation because it is cumulative and if you don't believe me you just have to see what you could buy with a dollar 30 years ago and what you can buy with it now.
Tax is basically that money which we give to government in exchange of anything we buy. Inflation on the other hand happens when the currency of a country loses its worth. Obviously this will make the products and services more expensive. It also increases the tax. So basically one thing triggers the other. Ultimately everything or economy specially is controlled by the government of a country. We can only escape from this problem by using cryptocurrency that are decentralized in nature.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: We want to build a new mail system on: November 20, 2019, 04:27:05 PM
This idea looks very interesting. However, I do not fully understand what this is for? There is such a project as Telegram, for most people this messenger is enough.
The idea indeed is not a new one but we have different products serving purpose. The core of the recipe remains the same but condiments differ. For instance, we have many search engines and browsers. The main purpose is same, to browse and surf the internet. However, each have unique property or different ration of similar properties. Brave, being the securest and chrome giving the most features. Similarly, the guy may come up with a new cool feature in this project.
209  Alternate cryptocurrencies / Altcoin Discussion / Re: Is True Decentralization a Myth? on: November 20, 2019, 04:08:25 PM
IMO it's not a myth. It's more likely people are not ready for.

Centralization creates volume, liquidity and so on. Not only on exchanges but in any market. That's why you have a middle-man in almost every business who makes centralization and then liquidity. At food markets, at crypto exchanges, at fiat currency exchanges, etc.

Platform evolves and we are witnessing more and more useful DApps. IMO DPapps are the 'true' future and I'm investing every free resources in it.
It varies from coin to coin. Some coins indeed are centralized in nature. Ripple is the most famous one among them. It is in top 10 and has existed for years now. Regardless of his centralized nature, the coin is being used by enterprises. It is fast and transactions are not too expensive wither. Bitcoin, on the other hand, is the number one crypto coin which is truly decentralized. Investors love this feature. Governments hate decentralized stuff.
210  Economy / Trading Discussion / Re: Is there any Impact of AI technology in Trading? on: November 20, 2019, 03:39:42 PM
Basically there are a ton of trading bots that uses similar approaches but the reality is trading is not a 1s and 0s game so they almost always fail.

Yeah, there are times when a bot makes money for you but in general you are left with a ton of loss in the end because bots could make you profit on good days of the market but when it is bad they do end up losing a ton of money as well. So all in all trading is a human thing, no AI can do it better than any human, even the most improved and well designed bot can't trade as well as a human because bots have certain limits where you program to do one thing and that is the only thing they can do whereas humans can see a broader picture and read news and they can prevent something bad happen before it happens.

bots are not effective for active traders, human instinct is more developed in setting targets and even in undesirable conditions. I see that bot2 that is set generally can determine the scale of earnings, but only for altcoin because btc movements are more irregular to fluctuate.
Why do you need a bot if you are an active trader? Bots are for setting goal and targets to trade and so having it while active is a waste of time. I strong disagree claiming that human instinct is more developed, how did you come for this one? Instinct are just guess what could happen in any direction. Bots are more reliable on concluding which will possibly occur next, it has data, charts and databases it relies on so I think bots got this category.


The real concept of AI is to be able to control every condition automatically, and at the moment it is still only a prototype and does not yet exist.
Yes, however there are still limit on the AI's side, thus, this limitation is going to be set by the user not thr AI itself. AI does already exist in contrary of what you claimed, maybe not that solid and accurate but these AIs are already used in trading.
Artificial intelligence is an old concept but still the progress is not anywhere near to perfection. Still we have a lot to do in this field. Machine learning/ artificial intelligence are also not the common topics. It is mostly google that is working on this. The reason behind such slow pace is reverse engineering brain. It can be considered the most difficult job so far. Existing AI in trading is more of a guessing game.
211  Economy / Gambling discussion / Re: Gambling Addiction at its Worst! on: November 20, 2019, 03:16:29 PM

I know it is hard to leave the life that you've been used to, but guys, it is all worth it if you will quit gambling and explore the world, it's much prettier and beneficial to us.


You are 1000% right.

He is damn true. This is world is full of things that need to be explored. If you ask me, human life is very short one to experience and know everything. Still, we should try to taste as many flavors of life as we can. Gambling is just one small portion of what world has for us. It is a game and must be played with this mindset. Majority of the gamblers develop hopes to make money from such an unpredictable activity, which is totally wrong.
212  Economy / Speculation / Re: BTC- When it back to 20k on: November 20, 2019, 02:55:29 PM
ouch a sad story, buy 2 btc at 18k, now at 8.5k you've lose half of your total capital.
That's just a small loss compared to what people loss investing in altcoins, but actually it will not be considered as a long if he will hold until the next bull run will arrive. In terms of chances, BTC has a better chance to recover and that $18,000 is not impossible to achieve with the way the market is moving now, I can sense there will be a big bull run coming soon.
With the current price of bitcoin right now, it is easy for bitcoin to climb up and surpass the recent all time high. With the halving event next year, it is a huge green indicator for investors to buy because the difficulty to get bitcoin for miners will be higher so it will be more in favor for investors since based on law of demand and supply, the price will go up.
There's no negative sign that the price of Bitcoin will be lower to $7k, it's still positive that Bitcoin will go up this upcoming month. We are not just that sure if we will go for $20k price of even higher than $10k, let's see the buying pressure before end of the year as we know that this is a peak season and most of the time , the price is climbing in the season.

IMO the bear might come a bit late this year, hope to see some growths before 2019 passes by, but I don't think that the price will hoist higher than $12k - $14k this year. $20k is a different thing actually, like it was said before, upcoming halving will be the major key in the price increases in 2020, impact of such event is really powerful and there is nothing weird in it. People are going crazy around the prices of BTC this year, but the fact is, that even if the current price won't grow much till the end of december, it's still better than it was last year and also - mind the massive hacks we've witnessed this year.
Christmas can be expected to bring some good profits certainly. Usually, it is the last month of the year where bitcoin produces some good amount of money. Even 12k to 14k is not a bad price. However I expect it to be at least 15k dollars. Bitcoin can really make that. Moreover, the halving is about to come. So with a little more patience, bitcoin holders can experience the best ride of their lives.
213  Economy / Gambling discussion / Re: Gambling sports predictions on: November 19, 2019, 02:06:33 PM
As I understand it, only mathematics works here.

If your chances of winning are 33%, then you will win in one case out of 3.
You must also understand that there is an error in a short distance, which means that you can lose 100 times in a row, but in a long distance, for example, in 100,000 bets, your chances will always be 1/3.

Based on this, you should look at odds and calculate the potential profit at a distance.
By analyzing the figures you mentioned, which indeed are correct, I cant resist myself from saying that it is ridiculous to calculate profits with such chances of winning. Losing 100 times in a row will eventually leave the player with no penny. So there is no way to make bets for 100,000 times. This is a way to low calculation in order to convince oneself for gambling. I would suggest rather to play for fun and not waste time on such calculations.
214  Economy / Gambling discussion / Re: Why are you gambling? on: November 19, 2019, 01:05:19 PM
Honestly, the answer of this changes depending on my mood and what I play and how much money I have.

Sometimes, I play on sportsbooks because it increases the fun I get from soccer matches, I used to watch them and get bored very easily because the results were always boring no matter who won unless something major is going on (like champions league is always fun but is regular season game is still fun?) so I gamble on the game and watch it and get a lot more fun.

If I gamble on dice or something similar then I usually gamble as low as possible and don't spend too much money, I just want to pass some time since I am bored and dice could give me some reason to kill time a bit. And sometimes I gamble on poker because it is the most fun I could get if it goes well and it is not so well if it is not going well, 50%-50% chance of having a great fun or being upset depending on cards I get dealt.
As long as you play gambling for the sole purpose of entertainment, you wont do it on regular basis and strict schedule. Majority of the gamblers do that. The main reason behind this is their different approach. They consider gambling as a good way to make money without doing any real hard work. This belief has no truth in it. People should try to gamble with the same mindset as yours.
215  Economy / Economics / Re: Bitcoin using or need! Vs stable coins on: November 19, 2019, 12:41:10 PM
Bitcoin might not be that successful when it comes to it being a currency. Not many people are accepting it pr for that matter ready to spend it.

But when it comes to being an alternative investment option, agree it or not, bitcoin is performing quite well. Bitcoin has beaten all the traditional form of investment in ROI successfully this year. Isn't that enough a reason for any trader to diversify and invest a part in crypto which is the most reliable crypto in the world.

Stable currency are good enough when it comes to money transfers across the countries. But the main inflow of money in crypto comes for trading purposes and bitcoin is solving that purpose pretty well.
The need of present time is not digital currency but an asset that can help in improving financial health. Bitcoin indeed was created for the sole purpose of being used as a digital medium of exchange. However, it come out to be something better than that. Still, bitcoin is being usd at places as a currency. With mass adoption, it will be able to do what it was created for. This is just a matter of time.
216  Economy / Economics / Re: World debt and currency reset on: November 19, 2019, 12:11:01 PM
A lot of countries have had their debt written off or debt cancelled by the World Bank, just like some companies write off people's debt when it

becomes clear that those people would not be able to pay back the debt. In some instances this come with some sort of asset transfer agreement,

but in most instances this happens with no requirements. Example : https://www.theguardian.com/politics/2005/jun/11/uk.g8  These countries will

then offer some tax incentives for these countries or Banks to operate in those affected countries. (Less import duties etc.) This is how 1st world

countries get there claws into poorer countries, because they get leverage to broker other deals that would favor them in the future.  Angry

Just goes to show how the world is run by bankers more than governments. It's impossible to reset  a country's debts since that's how the people in power take control. I'm just curious as to how ended up with this kind of system and where exactly is the point where this started. Like how did the countries start accumulating debts in the first place.
When they have the solution for this problem, they just need to avail it. The millennial generation has internet. They can find a lot of ways to make money by going online and searching on google. Even after having bitcoin, if these people are still facing economical problems, then it is due to lack of their own knowledge. If they will earn bitcoin, all debts and financial crisis will get resolved.
217  Economy / Economics / Re: The Impact of Change in Prices on Bitcoin's utility as Currency on: November 17, 2019, 03:00:18 PM
The impact of changes in price on bitcoin to be used as a medium of exchange cannot be overemphasized because the volatility for me, is the bane of adoption which is why people who have made genuine contribution to the discussion will want to continue to restrict its use to a store of value where people acquire it with the sole aim of making profit hoping that its value would increase which makes it have a more intrinsic value than the actual and that is going to be stumbling block to massive adoption in the marketplace.

However, it is my hope that this limitation would not be there for long as the penetration is low at the moment, it continues to grow and the growth limits the volatility.
Volatility is the need of present moment. Investors want to make profits first and then utilize the earned money in commerce. The idea of buying with digital currencies is not as much exciting and wanted as the idea to become rich by investing in crypto coins. Still, a big percentage of world population is unaware of bitcoin and altcoins. But this won’t remain the case for long and these assets are already being used as a medium of exchange at some places.
218  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: November 17, 2019, 02:39:48 PM
Investing for the long term is well suited for Top cryptocurrencies with the highest capitalization, because they definitely have a future. Day trading is well suited for both highly capitalized digital assets and fresh projects traded, for example, after IEO. The future of such coins is uncertain, so investing in them for a long term is unreasonably risky.
I agree with your opinion, making a long trade on the coins or tokens from the IEO is feared that the project will not develop which will affect the coin or token.  I think trading for the long term is suitable for coins that have existed for at least the past 5 years or are ranked in the top 50 of the CMC.
IEOs are not meant to present us a way for long term investments. They are just temporary benefits if at all. Most of the times they do not even work. At present, these projects actually are not trusted due to the problem of scam that market is facing. The number of such frauds is also increasing. The most working way is to invest in bitcoin or any top altcoin and then either trade in it or just hold for long.
219  Economy / Gambling discussion / Re: Gambling sports predictions on: November 17, 2019, 01:41:22 PM
Im very confused how to win with high odds in soccer prediction. Because winning with low odds is very basic IMO , i mean it's not specific but mostly low odds always win , the potential is higher unlike with high odds as its 50/50 chance wherein very unpredictable.  Is there any strategy you know except viewing their past game or history?  

In playing soccer most of the time, people think if you are betting on the under, there is a high probability that you will win that particular game, but it was too risky, in playing gambling and especially the sports betting the two chance is 50/50. Still, this is your decision where you will bet. If you know, sports bet like in soccer, and you can use this as an advantage because there is a lot of analysis and data for each player and also their previous statistics, wins, and lose if you want to win all those games, better to improve your knowledge too.
Anyone with a serious interest and craze of soccer can easily make accurate predictions. If the gambler watches all games or most of them, he wont have to look at all the available data to make analysis and come up with the outcome at the last moment. He can do that by just knowing the names of opponent teams. Sports betting is one form of gambling where it is not only about luck.
220  Economy / Economics / Re: Fiat currency value and Economy debt on: November 17, 2019, 01:24:25 PM
In a world economy where what governs is debt, and part of inflation, it is best to protect yourself with Bitcoin, some give options better known as gold, it is valid, but an economy where it is managed by debt and fraction of inflation the best It is a deflationary economy.
And that is the opposite of what they want, governments cannot tax your wealth directly, they have tried in the past and people have always been strongly opposed to this, so they had to figure out how to tax what you have saved in fiat and they found their solution in inflation, if they print 3% more money then there is a 3% inflation and your money will lose as much purchasing power, they are effectively stealing your wealth and the only way to protect you from this is by not holding fiat and hold something else.
Citizens pay tax on every facility they avail. Every product that they buy includes tax. Every mobile recharge, electricity bills, gas bills, medicines and all that can be imagined has tax on it. So it is impossible to run away from this. It is also not a bad thing as long as the government is not corrupted. Inflation is a separate problem. This can be solved by introducing blockchain technology.
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