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2041  Alternate cryptocurrencies / Altcoin Discussion / Re: When will the dumping end? on: September 26, 2018, 10:25:18 PM
Simple answer, 'Never'. And you wouldn't want to stop dumping of coins because it interferes with the dynamics of the market, plus there will always be some residual dumping its only the large scale ones that are of concern.
2042  Alternate cryptocurrencies / Altcoin Discussion / Re: Won't it be possible to be paid for bounty in cash instead of token on: September 25, 2018, 05:23:27 PM
I'm sure its not unheard of but it is usually more risky because ICOs won't like to give away cash since there's still chances of not succeeding.
2043  Economy / Gambling discussion / Re: You cannot win in gambling on: September 25, 2018, 05:20:35 PM
No, not entirely but you can get a little bit of what you put in. Obviously, that depends on how often and how big you play the game.
2044  Other / Serious discussion / Re: Black Mirror and the "Chinese new social credit system" on: September 24, 2018, 09:03:44 PM
I don't know if you ever have seen the TV show called Black Mirror. If not, please, stop everything you are doing and go directly to Netflix or another platform you like to expend some quality time seeing this both dystopic and prophetic show.

Well, If I remember correctly, it was in the first chapter from the third season when they described on the TV show a social system based on points. In that chapter, a desperate girl was trying to go to a wedding because her "rating" was good enough to be "accepted" on a determinate status of her society. The status is managed towards how do you behave, so the people can "vote for you" (ops, really similar to our very "liking" actual nightmare). The girl tries hard to be highly ranked in order to be able to participate in some social events, as well as having a good job and so.

Ok. This is happening. In China, actually. The Chinese government is about to implement a system called "Social Credit system", designed to be fully operating in the next 2020. As in the Black Mirror chapter, the design is focused on creating a system based on behaviour: the best you behave, the best options do you have in life. As a dystopic nightmare, the Chinese people are going to be their own "social police", by voting their fellow citizens and ranking up or down depending on their own criteria.
You can read more about that in here: https://www.businessinsider.com/china-social-credit-system-punishments-and-rewards-explained-2018-4

So, what do you people think about that?
Are the Black Mirror nightmare ideas becoming truth? Or, on the contrary, being an inspiration instead of a warning?


I've seen the episode and honestly it disturbs me to learn that the Chinese government is in favour of such social obligation, it may well end up like in the movie. I hate the idea completely.
2045  Economy / Gambling discussion / Re: Bitcoin Casino Question on: September 24, 2018, 09:01:09 PM
Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.

If you're referring to just paying the winners you'd need at least 5 BTC in order to catch anyone's attention, especially those who bet big.
2046  Economy / Gambling discussion / Re: Gambling addiction becomes more popular with young people over time on: September 23, 2018, 10:16:52 PM
I have the feeling that  this is becoming more of a trend now with more young people and more time on their hands, they can easily be turned into such societal orders, taking up gambling.
2047  Other / Serious discussion / Re: How would you prepare to share massive wealth? on: September 22, 2018, 10:27:18 PM
I'll start by sharing it with me, myself and my own needs...I joke - its too selfish. Or is it? Though, jokes aside, everyone would first think of themselves, so tick that, then the rest of the world.
2048  Economy / Speculation / Re: Tomorrow is now. on: September 22, 2018, 10:23:10 PM
First you were skeptical about bitcoin, doubted its sustainability, then you watched bitcoin skyrocketed and it's a bit low in price for while now, presently mass adoption is growing like for real with features like bitrefil.com, that buys data, airtime via bitcoin, exchanges are changing bitcoin for fiat..Why not hop in? Sooner than you think it's becoming a legit store of value.

Tell them to hop in...

very good point, why don't people hop in? Many actually, are afraid of the losses they're likely to encounter with their crypto investments and some just can't trust the system or be bothered to understand it.
2049  Other / Serious discussion / Re: 300 EMPLOYEES but worth more than American Airlines, what?! on: September 20, 2018, 08:47:50 PM
This sounds like a trend market bubble and those who are of the same opinion that the cannabis business is going to explode could get a lot of quick profit. My opinion, temporary, but you gotta be where money is.
2050  Economy / Trading Discussion / Re: Is technical analysis vital? on: September 19, 2018, 10:47:23 PM
Of course, market analysis is important but one must be selective and use common sense to filter all the garbage first before getting to the relevant info
2051  Alternate cryptocurrencies / Altcoin Discussion / Re: Samsung To Accept Cryptocurrencies As Payments- Good or Bad? on: September 19, 2018, 10:46:03 PM
In any case this is definitely a good thing because having a big company accepting BTC payments means good publicity for cryptocurrency
2052  Bitcoin / Bitcoin Discussion / Re: Does bitcoin control the market? on: September 18, 2018, 09:34:17 PM
I think it does because it holds most of the market cap and whenever something happens to Bitcoin, specifically going down the rest of the market fee it also.
2053  Economy / Speculation / Re: Today`s bitcoin market is pretty quite slow! on: September 18, 2018, 09:33:01 PM
Yes, the market today is very slowly but at least it shows some form of recovery since yesterday. I do hope this entire recovery process starts speeding up.
2054  Economy / Gambling discussion / Re: You cannot win in gambling on: September 17, 2018, 10:18:44 PM
So true. Gambling is never about winning but luck or chance or a combination of both. So many people waste not only their precious time but huge amounts of money for almost insignificant gambling gains. Gambling is a bad habit.
2055  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why the Ether will drop to $ 60 on: September 17, 2018, 10:16:48 PM
One thing we must do is take all these market predictions with a pinch of salt. Not everything is true, obviously. Anyways, I think if EHH was to drop in price regardless of what this may be it would be due to people selling out, a lot of coin dump.
2056  Economy / Trading Discussion / Re: Difficulties (ups and downs) faced in trading? on: September 16, 2018, 09:04:50 PM
In my opinion, trading is a stressful job. There are so many changes and so many things happening that its hard to keep track and most importantly to decipher what piece of news cause a don or up trend. For now, I think we're in up.
2057  Economy / Gambling discussion / Re: Crime Effect of Gambling - Your thoughts! on: September 15, 2018, 10:32:44 PM
I think its possible to amplify or pick up crime as a result of gambling experience. In particular, more so I think, in relation to old fashion walk in casinos.
2058  Other / Serious discussion / Re: What is school for? on: September 15, 2018, 10:30:07 PM
In my views, school is all about getting closer to the individual excelling level. School is a place to learn and grow, make fiends as well as enemies. School -> education is power.
2059  Alternate cryptocurrencies / Altcoin Discussion / Re: I am most worried now on: September 13, 2018, 10:10:58 PM
Do not care about the price at anytime because the value will be grow more.

If you believe and have faith on crypto then invest on it. If you don't have at least try to hodl the coins you have.
If you do anything in these you will be able to rock in the market for sure.

I don't know anything anymore now with such an unstable and volatile market. No one seems to want to take up Bitcoin as mode of payment and no corporation approves it either. Where's the future of crypto heading?
2060  Economy / Trading Discussion / Re: Be careful with fake exchanges on: September 13, 2018, 10:08:22 PM
There are many scams and untrusted exchanges on the market and in order to avoid getting scammed and losing all of your money only use the trusted exchanges that everyone talks about.
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