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You'd have to tell on a case on case basis.
If you're a serious investor, have done extensive research on an individual company, then obviously investing in a single equity would probably yield you better results than investing in an index which could offset any gains that you make from certain stocks with losses in others.
On the other hand, indices have more derivative products offered, and offer more stability, which is why certain pension funds etc. invest in them. Ultimately, depends on your risk profile.
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Do you think its a good idea to have paper Cryptocurrency in circlelation too?
Like we have fiat currency digitally we also can have Fiat Currrency as paper.
I personally think its a good idea to have btc paper Currrency or metal coins too wich Will be accepted any shops!
Second point is that the dEvil is not the paper currency or any Kind of fiat currency the devil is the just the money printing out of thin air and lending this money out.
So nothing wrong with cash cash is not a devil!
What is the point of regressing back to a centralised system that requires trust, when you have blockchain which is supposed to circumvent these problems in the first place? Seems a bit counterintuitive to me, at least. Someone has to be issuing these paper currencies, and despite the ledgers that cryptos operating on being decentralised, there will be a factor of centralisation of power as a result. You'd essentially have to trust that the private key written within the paper can actually access the funds in the address. It's not worth it. Nor should it be done. |
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Hi all, I'm new to Crypto market. Would like to ask will US drop interest rate affect Crypto market in future ? Because I heard some people said that US drop interest rate = create biggest bubble and might explode next year (financial crisis). If this financial crisis happen, will it affect Crypto market ? If yes, will Crypto market rise or drop ... ?
An interest rate drop would open up easier credit, which would in turn flow into capital markets. So a drop in rates would theoretically positively benefit bitcoin's price, all else being equal. One of the main channels of monetary policy transmission is the asset channel, which bitcoin is a class of. However, your suggestion that there is some sort of cause and effect between a rate cut and a financial crisis is unclear/unjustified. I'm not sure if you were misinformed or potentially misled into thinking this, but generally monetary policy is countercyclical, i.e. in response to financial conditions. |
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Before investors are everywhere in crypto currency specially mid 2017 but everything change
Ico's started to boom in the internet, you can choose a lot
of ico that you like, but then started to change , there are ico that are scam, running with investors money in a snap, lending platforms also can be seen, the same happens they suddenly disappear
we have already have a very good market if there are no scammers
they change everything, now investors are so hesitant whenever there is a new coin that are good but they opted out because they think its a scam, I think we should find a way to lessen or better eliminate them for good.
You know why? It's because people started realising what ICOs truly are - absolutely crap. Most of the ICO'd projects have absolutely no intrinsic value, and add no substance to what's already out there in the market. They simply regurgitate what has already been done by other projects, in hopes of raising more money for the founders. In 2017, the markets were less mature and everyone was FOMOing, thus the ICO hype. The hype dying down is absolutely normal. Funding should NOT be that loose. |
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Question: How is the amount of BET that you get calculated if you deposit an altcoin like ETH? Do you even get any BET tokens at all? Is that an EOS specific thing?
I like the fact that the bettor can be the house. I've also seen potentially some guerilla marketing campaigns done by EOSBet on this forum to try to attract more people.
1.5% house edge on dice isn't really that attractive given that major casinos all only have 1%, though.
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Yes another pulled off exit scam. This time a Nigerian cryptocurrency wallet that is said to have stolen $1 million worth of funds. Withdrawals started around April while the CEO blamed the servers being down.
This just goes to identify and support Ciphertrace's AML report as 2019 being the "Year of the Exit Scam" The report claims 3.1 billion dollars were lost in exit scams this year alone.
I swear people don't ever change or listen. There is a reason why bitcoin is decentralised, and is trustless. Yet people still choose to place faith in random entities over the internet that they have no legal recourse to if they do get scammed. Hosted wallets in particular, are one of the favourites for scammers. Ciphertrace's statistics don't even incorporate the full image since it doesn't show the times where funds are held by the third party without the consent of the owner of the funds (potentially citing KYC/AML as the issue). |
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It is prohibited to use these services in their ToS, and so how can I avoid being found selling btc with them? I know about chargebacks and so, but I am interested about how people get banned(and how to escape it) in these platforms, though in case someone makes chargeback against you, administration can learn that you sell btc. Maybe you have a story to tell?
Only things I can think of is telling your buyer not to send additional message with transfer and do as few trades as you can on account, but I need your advice.
If there is a particular significance for your Paypal, then I wouldn't even recommend you using it for transactions related to crypto. There's absolutely no doubt that their ToS is extremely anti-crypto and draconian, but at the end of the day it's up to them to set those standards and enforce them - not us. And if you're using your paypal for your business and can't risk a ban or limit, then just don't use it. But from what I've heard/experienced there are several risk factors: a)size of transaction, keep it small b)sending as F&F often could lead to your account getting flagged, people suggest because of Paypal not earning fees c)keeping a large balance. There is a $1k AUD Limit on the Australian paypal site before you are forced to get verified, not sure about the rest of the world. |
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I would STRONGLY suggest that you think of an alternative form of generating revenue. It seems like you're currently working on it already, but it NEEDs to be done asap.
The links that pop up as a result of pressing "skip" on the landing page is not under your moderation or control, and can be harmful from what I've seen. I got redirected to 2 extremely shady sites that could potentially be threats, both of them 18+ apparently.
Also, perhaps enhance your graphics. The ideation is good but the execution is definitely lacking still.
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I've also had experience with Bitvest in terms of having manual withdrawals. The ticket system does not appear to be responsive - the only way to really capture the attention of admins to process your payments is through contacting a mod in chat, it seems. That said, I really don't like how casinos like this handle it. Especially the "You may continue playing while you wait" is a little predatory. I've long suspected some casinos have intentionally done this sort of stuff to encourage people to gamble (i.e. i've seen some casinos where they ask large winners to wait >2 days+ etc). I think the best way to handle an empty hot wallet is to queue any withdrawal that couldn't be processed (and deduct the amount from the persons balance, so they don't gamble it). And of course, any serious casino should be able to process almost every single withdrawal without delay.
I 100% agree. Especially in the case of Bitvest where you are able to request multiple withdrawals. You don't even need to cancel the previous withdrawal before you can play other games, because your balance technically was never reduced if it's pending manual. It seems like a bit of a dirty trick to play, imo. Ofc intentions can differ but this is what it seems like from the surface. |
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I wonder what will happen to bitcoin and the crypto market if there will be a financial crisis in the world (2008 style)
From one side people will probably look for 'safer' place to put their money in
on the other side, many people see crypto and bitcoin as a risky investment
I would like to hear the community opinions about what might happen to our market in a time of world economic crisis
It depends on the nature of the crisis. If it was to be hyperinflationary, then the answer would be simple - bitcoin, given its decentralised money supply, will hold its value far better than conventional fiat in that period of time. Especially when you consider the increased demand for it as a store of value. If it was to be recessionary, e.g. a popping of a bubble, it could be hard to tell. I suspect that people would initially rush to traditionally accepted safe havens, like T-bills, gold, etc. at a period of time where BTC value may dip slightly. But as time goes on, and investors recognise that bitcoin is really one of the best assets in storing value away from the fiat economy, demand will grow. |
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Are they ahead in terms of overall digital payments? Absolutely. With the widespread adoption of wechat and alipay, there is really no race here - cardless payments are the new norm in China, while it is still very rare in the rest of the world.
But in terms of actual decentralisation and adoption on that front, I doubt that China is that ahead.
It ultimately comes down to the policymakers. China isn't exactly known for supporting decentralised cryptocurrencies, but rather they place emphasis on native FinTech companies and creating their own tokens. Only if you classify these projects as "altcoins" can you say that China is ahead.
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Independent world deflationary money for storing value (bitcoin, litecoin...) in combination with inflationary digital money from central banks valid only limited time to directly spend (buying goods and services) or you can change to deflationary money (store of value).
Why would there be any reason for anyone to hold or use the inflationary money issued by central banks in your hypothetical scenario? The classic economic theory of "good money drives out bad money" can be applied here. Financing collective interests from your hypothetical inflationary money base is just going to make the demand for these funds go to zero. Everyone is going to rush to the decentralised, deflationary alternative, and no one is going to use the inflationary one at all. So no, the whole system is going to implode on itself. I don't think that taxation itself is something that needs to be rid of, but rather unfair, and double taxation, especially in the treatment of cryptos. |
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When it comes to cryptocurrencies, no stone should be left unturned. That applies to both individuals and entire nations alike. Venezuela, a country known for its rather hostile approach to Bitcoin, might be on the brink of openly embracing the world’s leading cryptocurrency. The national central bank is conducting surveys to see if Bitcoin can become part of its foreign reserves.
Venezuela’s Situation is Dire
Most people are all too aware of the problematic financial situation hampering Venezuela for several years now. The country no longer just suffers from regular inflation, but has to contend with hyperinflation every so often. It puts a lot of strain on the economy, and there has not been a viable solution in sight. Contrary to what everyone had expected, Bitcoin might effectively become the saving grace of this country after all.
After attempting to remedy the dire situation for some time, the Venezuelan central bank has seemingly thrown in the towel. More specifically, they are conducting tests to see if cryptocurrencies become part of the nation’s foreign reserves Accessing foreign funds – primarily US Dollars – has been very difficult due to current regulation and sanctions. New solutions need to be found, and the only global form of money on the market today may offer the solution the country so direly needs.
I very much highly doubt that any government will openly embrace a technology whose foundation is based on decentralisation. Let alone the Venezuelan government which has had a track record of economic mismanagement, as well as being a direct competitor to bitcoin essentially with their Petro project (which has gone to crap). What incentive is there for them to "help" the Venezuelan people? Close to none, really. I believe that the most likely outcome is that they will continue to be essentially pushing Petro adoption, more than anything (or perhaps a revaluation of their currency?) which is no different from their current fiat. |
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Not worried.
I've always insisted that the cycles would recur around 4 years at a time following the halving. I still carry that sentiment with me to this day.
Markets were irrational to begin the year in my opinion, overbuying and making quite unsustainable growth in the short run. If we take into account the fact that the peak of bitcoin usually comes around at the year of halving or the year after (following 2013, 2017), then we aren't in that timeframe just yet.
Just sit back and relax. The fundamentals have not changed a bit.
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Even with the depreciation of value, the watch is easily worth 200 alone, but I figured both combined would easily cover the 0.025
You're much better off just pawning the aforementioned items. Physical collateral is often impossible to find an escrow for and with such a low amount of loan involved, it's simply unfeasible in my opinion for any lender to seriously consider your offer. Going with your local pawnshop may honestly even yield you better rates. The interest rates charged on forum is high in comparison due to the added risk of international dealings. If you do have other collateral, let me know. I'd be willing to meet your request as long as it has satisfactory levels of collateral. |
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What's the verdict? Is it to prevent possible connections on the campaign manager accounts? I don't know. But this is still sketchy. It's quite likely that they're still using Dontme as campaign manager, just under a new alt now, in my opinion. It's highly unlikely that the handover to any new campaign would be this smooth and unannounced, and happen within such a short period of time. The owner of the site may well be informed of these series of events and continued to put their trust into Dontme, despite the allegations, since they wouldn't be negatively affected. CryptoMania should be able to answer it (or maybe theymos with the IP log data). But it seems like DontMe has managed their ANN thread, and possibly their communications on this forum. I guess they trusted DontMe.
What bugs me the most is that there's even no warning that they would be changing "managers"/"accounts" in the old thread. This is the last post in the old thread before it was locked. Definitely not a warning message. Just out of the blue. Contacting the site would be ideal. Contacting the site wouldn't yield anything probably since they would probably have vested interest not to tell the truth. Anyhow, I don't really see a problem with participating in the campaign itself (if you are willing to take on the risk of non-payment), or any wrongdoing on the website's behalf per se. It's solely the reputation of Dontme that is at stake here. |
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Oh well, what do you expect from people behind JP Morgan, they made a noise about Bitcoin is 2017 saying nasty things and then manipulating the price in their favor. Now, we see what this company are made of, greedy, manipulators, I'm sure they can pay the fine. But I do hope that their investors would shift their funds to Bitcoin.
JPMorgan is nothing but a group of opportunists. They shifted their stance on bitcoin entirely, from initially being extremely negative and bearish on bitcoin (with Jamie Dimon coming out publicly and condemning bitcoin), and all of a sudden shifting their stance entirely to being bullish on bitcoin long term. The reversal of their opinion is completely arbitrary and unpredictable, and solely based on their own positions, which likely turned from being short on bitcoin to being long. It wouldn't be surprising then that they are indeed manipulating the markets. After all, to meet their investors expectations, this is what they are expected to do, really. I doubt that we can place the blame on a single actor alone though. Manipulation of financial markets is extremely widespread and not just limited to one corporation alone. |
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The winner gets 90% of common bets fund. The commission is taken from all bets, except the winner. You will get 0.0109 BTC.
It's not the brightest idea to have essentially a 10% house edge imposed. There is already a lack of incentive for anyone to seriously consider your site as somewhere to regularly place bets, given the lack of liquidity of your books; and you're fuelling that by taking an absurd cut. Another thing that I would point out is that this sort of game mode has been done before and has been proven to be unpopular. Inactivity + P2P isn't a good mix, in my opinion. A relatively inactive casino in which the player bets against the house could still be successful, since whales are still able to bet against the house. However, an inactive p2p casino virtually never attracts any bets. Maybe add other game modes as well, in which the player is able to vs. the house directly. |
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Don't use online password generators/holders, it's like the same argument of centralization vs decentralization again, where Lastpass is an application that has all of your information, and could randomly go bust one day and start hacking into their customer's accounts (because we all know they can do that). Using another system that is offline, or even going super old school and generating your old password and writing it down on a piece of paper gives you control over everything and is the safest, and is the bet I'd recommend most people to go with.
To be honest, just make your own passwords by mashing the keyboard (eg 087asf*)&G), and then write it down a piece of paper, that's 100 percent the safer bet. I wouldn't say mashing the keyboard and then writing it down is necessarily the best way, given the fact that it's prone to physical theft and flood/fire damage. At that point, if that does happen, then you'd have no chance of recourse. Leaving yourself exposed to having no backups for the sake of "security" simply isn't worth it. It depends on the situation. I wouldn't discount these password managers completely if you are just using them for relatively benign tasks without much at stake, like gaming or stuff like that. If it's sensitive financial information, then you'd probably have to reconsider for sure. |
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This reminds me of another scam in Ice Rock Mining that operated a while back (and pretty sure their token is still listed on CMC and some exchanges).
Mining is not going to be profitable simply because someone decides to split up the profits and tokenise it.
Let alone the fact that these systems that 'utilise natural cooling' are most likely vapourware out of thin air. The theory is great, but the returns they are able to advertise and sometimes even guarantee just makes the whole thing too good to be true
Needless to say, Giracoin is also just another con. Their statistics are obviously faked, and their site design is amateurish and doesn't inspire confidence at all. These region specific coins/projects that target international investors rarely bring any value.
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