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201  Economy / Economics / Re: Any ideas of what we lack in crypto world? on: November 18, 2019, 07:29:18 PM
What we are really lacking here is acceptance. If the government will accept cryptocurrency, they will make a move in order to fulfill what's other lacking like knowledge. If only the government will support crypto, they can include it in the curriculum so that students and millennials can learn and adopt cryptocurrency. If more people discover crypto, merchants will adopt to it. Making it an option for payments and such.
The only problem would be, non techy people and rural places. Well, it's not actually a problem since they can still choose not to adopt on it if they are not capable.
That is not really an option, governments are never going to adopt decentralized cryptocurrencies completely because it goes against their goals, and even more importantly it is never going to be included in the curriculum of schools so young people can learn about it, that is just a dream, if we want the market of cryptocurrencies to become more popular then we need to accept the fact that people will have to discover this market by themselves.
Government could still adapt the decentralized cryptocurrencies because they can implement regulation to the different cryptocurrencies that are decentralized so they can have some control out of it and they can make sure that there will be no misuse of cryptocurrency. Some of the government in different countries already have a law for cryptocurrencies.
Very few countries have regulated the use of cryptocurrencies. Even those regulations weren't that perfect and flawless. These laws weren't that effective to track the record of transactions in the form of cryptocurrencies and file tax. If I'm not wrong Israel has added it along with Gold. With cryptocurrency there isn't anything lacking, it is in the early days of growth and can expect things to be perfect over the years.
Governments need to grasp the concept of crypto currencies well before regulating them. Moreover,  bitcoin cannot be regulated or you can put it the other way around, investors do not want that at all. Transactions of decentralized coin are almost impossible to track.  But if governments plan to introduce its very own digital currency for people of their country, they can do whatever they like to with it.
202  Economy / Economics / Re: Does China Control Bitcoin? on: November 18, 2019, 07:24:54 PM
Isn't Bitcoin decentralized and without of control of any country or institution? So, how could then China control Bitcoin and what are actuall indicators to prove that?
For me this is another conspiracy theory and I don't pay much attention to that.
Chinese bitcoiners and chinese miners are influental in community but we can't talk on control.
Yes, it is fully decentralized and not even a powerful country has control over it.
I also don't remember that they lift the ban on bitcoin in their country. They adopt blockchain technology but there is no news update regarding that, it is clear that they don't control it.

Bitcoin has a total supply and of course China does not control all of them, if China has 70% of the total supply of Bitcoin I can say YES,
but if not that won't happen !, I know China has an important role and a big impact for bitcoin because China is a country big after the United States,
if China is able to legalize bitcoin there, the price of Bitcoin I'm sure will go fast like a rocket
I am unable to understand that how come this idea hit your mind but China definitely does not hold seventy percent of bitcoin or provides that much supply to the world. Bitcoin belongs to no one. If China ever had this power in hand, do you really think it would have not been the super power yet. Do not underestimate the importance of bitcoin. It is the key to become future ruler. Bitcoin will gain value anyway.
203  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't complain for too long. on: November 16, 2019, 04:05:16 PM
I never complained about market prices. Complaints only make me lose my confidence and my business intelligence. I think like you. The information you shared is very good.  Cool
Whining and complaining is symbol of two things; lack of courage and lack of knowledge. As long as you have sound knowledge of digital market, you will enjoy all the changes by making profit from each season. Besides, what else can we expect from a market which is known by its volatility. It should be normal for investors of digital coins to see dumps and pumps. The main focus should be on making profits.

204  Alternate cryptocurrencies / Altcoin Discussion / Re: What type of Cryptocurrency is used in the Deep Web for transactions? on: November 16, 2019, 03:58:45 PM
Bitcoin is the most used crypto in deep web for transaction

even there are many better privacy coins, but bitcoin is still the most for this case

IMF tells us about this case

Quote
A recent report by a leading crypto-payment analytic firm, Chainalysis, shows that Bitcoin transactions on the dark web grew from approximately $250 million in 2012 to $872 million in 2018. The firm projected that Bitcoin transactions on the dark web will reach more than $1 billion in 2019.
https://www.imf.org/external/pubs/ft/fandd/2019/09/the-truth-about-the-dark-web-kumar.htm
The dominance of Bitcoin is the reason why it is used widely in dark web. The anonymous altcoins also share the most used places in crypto transactions of Deep Web but the lack of transparency opens a hole in the underground which is main stage for entering another side of online world. The XMR, ZCASH are main payment gateway of the anonymous crypto transactions afaik.
Usage of crypto currencies in the dark web and deep web is free choice of hackers. Why am I just talking about hackers, because only they are smart enough to hide their digital marks efficiently. Bitcoin is the most expensive asset. It is also the best one when it comes to providing anonymity so it naturally becomes the first choice of hidden webs. Staying anonymous is most important for survival at such places.
205  Economy / Gambling discussion / Re: Gambling sports predictions on: November 16, 2019, 12:15:37 PM
I always bet on favourite winning odds before game starts with my knowledge about game and players details, because it will give good odds before game starts and my strategy give me good results as 70 to 80% profits.


Sports gambling depends on the knowledge. If you have good idea of the skill sets that opponents hold, you can easily predict the outcome. This is why people prefer to place bets on sports so that they can make victory certain. The times when outcomes are different than the expected ones are rare. So we can say that the luck factor is not too much involved into these kind of bets. If you really win 70 to 80 percent of times, good for you then.
206  Economy / Gambling discussion / Re: How to restrain yourself at a small loss and not spend money. on: November 16, 2019, 12:07:04 PM
It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
Based on my experienced, i restrain myself just to have a small lost and not spending more money is by limiting and bringing the only amount of money that i need to spend at the casino. By that it could help myself from being greedy and continue to play gambling all night at the casino.
indeed when we are in the game we will be difficult to control emotions and of course, the best way is limit the amount, or bring money that can afford to lose, so we do not spend all the money in one game.

Still, the point here is we are still going to lose all our money even we do this, for example, you have a $100 worth of tokens or fiat if you are playing in a actual casino, everyday you are just using $25 and after you lost it you will stop and try another day, you spent 4 days in gambling and still, luck is not on your side, you lost your $100 in 4 days. What we have to do is, not to gamble what we can afford to lose in a day, instead we have to distant ourselves in gambling once we've lost couple of times already, or we will lose all the money we have in a certain amount of time needed.
That is an example when you play casino, of course, it is difficult to get luck there, while in sports betting games in 4 days I will certainly get luck, because sports betting is still predictable.
Gamblers think that games like roulette, slots and dice are luck based but let me share a little secret with you. If not all then most of the houses are capable of manipulating the outcomes of these games. So nothing is actually pure luck in gambling. House is also an enemy at times. Sports bets are the best ones as no one can really manipulate outcomes. Though there is match fixing but it is different story.
207  Economy / Economics / Re: World economy, what do you think? on: November 15, 2019, 03:11:13 PM
I see the current state of the world economy as only held by America and China, They still dominate the global market today, America is still the king of imports and exports to all countries, while China now exists as a barrier and is ready to take over the power possessed by America. We will see the economic battle between the two countries.

China is the most powerful economy right now and America comes next.
But you should not forget the European Union as it is a vital player for the world economy.
They have a lot of exports especially Germany which is active in the production of expensive goods.

The list of powerful countries is not a small one but China indeed is at the top. It controls almost 80 percent of stock market. Hence a big player in determining the future price of this market. We are also aware of its efforts to control bitcoin but that did not happen. America also supported bitcoin in the beginning but realized that it cant be tamed. Future belongs to that country which will support bitcoin.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: We are only rich on spreadsheets on: November 15, 2019, 11:05:22 AM
I have participated in many campaigns some time ago, some giving satisfying payments and some were pathetic. The value of payments cannot be generalized because some projects still provide high rewards. Indeed, I admit that some projects seemed to use participants to succeed their campaign at a low cost or even free.
It has been a long time since I have come across someone who has given some positive statement regarding campaigns and such type. I don't doubt your words a bit. In the past, these projects brought benefits to participants and were considered a good source to make coins without investing money but things have changed lately due to scams. Now almost, 80 percent of market is scam.

209  Economy / Trading Discussion / Re: Buy now or wait for Bitcoin? on: November 15, 2019, 09:26:29 AM
Well it depends on you and market. Bitcoin is a volatile Cryptocurrency. So its not tell what gone a happen in december or january.
I agree with you to some extent that making accurate predictions about bitcoin is not possible but still when the experts start being positive about upcoming change, the change takes place certainly. The pump of 2017 was predicted weeks ago before it really happened. Though the peaks are unexpected ones, still change gets plotted. Bitcoin is going through a dip at the moment and halving is also on its way, so now is the best time to buy some of it.
210  Economy / Gambling discussion / Re: Gambling Addiction at its Worst! on: November 15, 2019, 09:15:33 AM
I can understand what gambling addiction is and understand what those who go through it can do, so I never doubt stories such as this told by the OP,  I gamble, but I'm still in control of myself when gambling.

I understand gambling addiction because I have a friend in my area who is a gambling addict, he use to good savings before,but the moment he got addicted to gambling, he is always out of money, he goes as far as selling his phone and stealing from his parents, the money he takes to a bet house to play virtual soccer bet and other form of bets. At this point he is always losing more than he gains, could greed be the cause of gambling addiction?

There is no doubt that greed is the main cause of gambling addiction. The question is, how to fight it? I personally don't think that there's something wrong with the people who want to have more money than they have currently. People work hard pursuing this goal, and many of them succeed. But those who are greedy will never stop, even after having more than enough already. I bet that guy from the OP, Marlo Moron, had a pretty good salary, enough for living a happy life. And yet, he thought it wasn't enough for him. Many people have suffered because of his selfish actions, but he was hardly thinking of others. And that's a perfect example of what greed can do to a person.
Greed is always present on each person the only difference is that each one of us do have different level on how to handle out our greed.

If you cant control it then there would be an equal consequences on it.Be contended on what we have in terms of financial aspect. Dont ask for more
and dont ask for easy money because if you do push it too hard and leading you to gamble and believing on making easy money with it which is really
a very common mistake of most people.
There is no denial in that. Humans are greedy by nature and if someone denies this, then he is not human. Controlling the temptation and money love is not like not having them at the first place.
There existence within us is the whole reason why we are taught patience and self control. Losing one’s sense can bring big harms in games like gambling where money is at stake. The best is to play only for fun.
211  Economy / Economics / Re: ‘Bullish for Bitcoin’ — China Scraps Plans to Ban Cryptocurrency Mining on: November 14, 2019, 02:18:23 AM
Again with the sudden change of mind of China.
They have been doing this for weeks now.
First the blockchain news of the President and now this.
It seems like they are now in the middle of researching about how crypto currency will make good changes for their country.
There will be next after this.

Those who fled from their country will never get back. They knew how their country work and this is one proof.
China is really good at keeping itself one of the hot topics in crypto currencies world. Since the beginning, it has been passing statement. At times, it stands with bitcoin and then it just becomes the worst enemy. One thing is clear here. China understands the power of blockchain and wants to be benefited from it. It also understand the importance of digital currencies. After failing to control bitcoin, it needs to come up with a good plan.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: how do you identify a transparent project team? on: November 14, 2019, 01:53:20 AM
This is my own definition of transparent project team
1. They always put investors first
2. They always listen to investors opinions
3. They aren't shady, even if there is fund issue
4. Head office address are legit and they allow visitors, just to show they are real
5. No fake advisors or fake pictures or stolen IDs
good points to apply in analyzing the project, I agree to the project team that listens to complaints from investors, because basically the investor and the project team are a collaboration for the progress of a project, then discussion to solve problems together is highly recommended.
Last three points are the actual play mark. There should not be anything shady or fishy about the project if it is real.  All the addresses and contacts must be valid ones. Though faking oneself is no more a hard task, still the project should be clean from such doubts. Faking IDs etc is easy for social engineers. Every project shows as if the investor holds importance equal to god. Obviously, customers are the key to success.
213  Economy / Trading Discussion / Re: Looks likes ETH is breaking out of BTC pair on: November 14, 2019, 01:47:40 AM
Personally I am big fan of Ethereum blockchain, transactions are much faster than Bitcoin and many wallets support ERC20 tokens. Also we have secure wallets like Metamask for ERC20 tokens. Transactions on BTC blockchain sometimes take 2-3 hours, not sometimes rather most of the times it takes 2-3 hours to complete the transactions whereas on ETH blockchain it takes maximum 30 minutes most of the time and sometimes it gets completed with in 5-10 minutes. It will not be big surprise for me if ETH price competes BTC price after version 2.0 release.
Let us just talk about the main reason or purpose of investors spending their money in digital currencies. Do you really think it is the speed of transactions or compatibility or support. Correct me if I am wrong, it is ‘the profits’ that someone can really make from digital assets. Ethereum is far far behind bitcoin in this regard. For the remaining points, I would suggest doing some research and see how bitcoin fulfills those requirements.

214  Economy / Gambling discussion / Re: Have You Counted Or Estimate All Your Losses And.... on: November 13, 2019, 07:41:39 PM
I'm one of those people who don't count wins and loses in gambling. When I have money I gamble, if I win big its great and I will spend that money on gambling again with higher stakes, or I will buy something if I need anything in that moment. When I lose, I move on and I don't care much about it, I return after some time again and I hope for the better results.
If you start counting then gambling is too serious, and it should't be. Gambling should be entertainment, to have fun while you play, to never risk more then you can handle.
Then you are one of those who can call themselves the smart ones, the realistic ones. Gambling is just a game and should be played with the only intention of having fun and entertainment. I o not support the idea of chasing wins and recovering losses in this game because that is pretty much impossible. The more a player tries to go after money, the more he becomes vulnerable to its addiction.
215  Economy / Economics / Re: If the stocks market will crash again like 2008, what will happen to bitcoin on: November 13, 2019, 06:56:22 PM
It's really hard to tell because it really depends on the situation. Crypto and stock market are somehow correlated to each other. They can be both influenced by the economic condition factor in which if the stock crashes, the economic condition could be dramatically be bearish causing others to pull out their assets such as cryptocurrency investment.

What sort of correlation is there between the two (stock market and cryptocurrency market)? IMO, there is hardly any connection, as both are as different as fire and ice. The only vague co-relation I could think about is that in case the stock market is down, then there can be a slight decline in the interest for cryptocurrency. Because people will be left with less money to spend and therefore Bitcoin purchases can also go down.
I don't think that the interest in bitcoin and other cryptocurrencies will have a slight decline as the stock market crashes. The cryptocurrency market is not influenced by the move of the stock market so the investors in stock market will see that invulnerability of cryptocurrency market and that will trigger their emotion to buy cryptocurrency as their backup investment so they can make profit while the stock market is going down.
The stock market has no direct relation with the digital coin market and obviously after its crash, the investors of stock market will lose faith in it. Declines always lay a bad impact on the investors. More or less, crypto currencies will gain attention from the suffering people. The crash appears to be in favor of digital. Better would be if they invest in bitcoin and altcoins at present as prices will be high in future.
216  Alternate cryptocurrencies / Altcoin Discussion / Re: Coca cola bottlers use Blockchain on: November 13, 2019, 06:53:43 PM
A great example of how Bitcoin can improve many processes in society. It is clearly shown that blockchain can be used not only in cryptocurrencies, but also to optimize business processes. Those companies that are the first to introduce this technology into their business processes will win against competitors.
Blockchain itself is an amazing technology and the tech and giant companies cannot deny this. They want to get most out of this innovation. Coca cola is a brand. Crypto currencies are just the starting point for blockchain to make its way through the systems of the world. We cannot deny the power of potential coins. We must be open to changes and adapt them as quick as we can for our own success.
217  Economy / Gambling discussion / Re: Impact on gambling on: November 10, 2019, 08:11:57 PM
Actually, everything affects the win, and if experience and luck could be combined, then I would have made just such a choice.  But in my opinion, luck is most of all in gambling.  Without a certain level of luck, experienced professionals would not be with those who they are.  Of course, for example, when playing cards, you need to have a very good memory and be very friendly with mathematicians, but there are different situations when nothing happens without luck.
First of all, I do not think there is anything like an experienced professional in the world of gambling because gambling is not a profession and neither it can be learnt by practicing so experience is basically useless. You already know that most of the games gamblers play depend on luck. Poker and sports bets are where a gambler can use his knowledge and experience. Otherwise, they are at mercy of fate.
218  Economy / Economics / Re: Why Bitcoin is not that good as currency? on: November 10, 2019, 08:02:33 PM
There are two major factors that prevent Bitcoin being widely used as a currency. First of all, the transaction fee is not fixed and sometimes it can cost a fortune for the users to make Bitcoin payments (back in 2017 December, the average Bitcoin transaction fee was around $20). When other payment options such as Paypal and Visa charges only a fraction of that, you can't expect a lot many people to use Bitcoin for this purpose. The second factor is the time required to confirm payments. It may take up to 1 hour to confirm Bitcoin payments. For the other modes, it takes less than one minute.
Above these to reasons, volatility is considered. For bitcoin or any other digital asset to serve the purpose of a currency, stability is required. At the moment, bitcoin is looked at as an investment by common people and they intend to improve their financial status with bitcoin. It is just a matter of time before bitcoin becomes a currency. Actually, there are places where bitcoin is used as a medium of exchange.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: WILL Bounty campaigns Ever Keep to their Rules and Regulations on: November 10, 2019, 07:24:58 PM
Can we ever have a bounty campaign that stick to its Rules from the beginning to the end of the campaign. can that ever be possible just like the old days. bounty campaigns of early 2017 use to plead with participates. Ran a bounty of 3 weeks without any additional weeks. maintained a fixed number of token or pay amount without altering the total pay budget. stick to their rules of paying immediately at the stipulated time. Most of these projects are successful and remains top notch.

The truth about New projects these days is none of them are real. all are fake and copy cats. Knows that they have nothing to offer. they are just after the Money. if they are fortunate to raise the money, fine business starts.  but if not;everything scrap to the scratch.  it all depends on the money. money first. once it is realized, they do everything possible to protect the money not the project. from the project CEO to CEO. to the legal team and the rest.
Bounty participants are the LEAST in the list of Payment. before you join that bounty. Make sure you have the free time and won't regret in case target was not met.
No they will never keep to their rules and regulations because this present market can't make them stick to their rules, just get used to it, once a bounty project failed to reach hardcap the teams might decide to reduce bounty rewards
Any change that actually benefits the participant should actually be appreciated and evolution is important for improving. But when the changes are not explained to the bounty hunters, then they have the full right to raise questions. This indeed put them in doubt. The projects should not fail in achieving its goal. Obviously, this is not what good projects do after all. To be honest, bounties are not the same as they used to be in old days.
220  Alternate cryptocurrencies / Altcoin Discussion / Re: Need suggest invest in small amount on: November 10, 2019, 05:52:16 PM
You must have invested fiat to accumulate those coins, only my guess.
My suggestion on investment is for you to buy more of btc and eth by making your portfolio 0.1 btc and 1 eth repectively because that is how you can make good profits when the bull run starts otherwise hold the coins in your wallet and watch it increasing in USD value.

I will not support any IEO or other coin investment at the moment because bitcoin has already built price bubble that might burst positively.
Bitcoin should be the first choice in order to make profits. It is the only coin that has produced millionaire in this world with the least investment and in shortest time. Ethereum comes the next. With ethereum, the amounts earned are not as big as those of bitcoin but it is the most trustworthy altcoin. IEOs are not a working way. They are the trend but still, it would be foolish to have high hopes from them.
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