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2101  Economy / Trading Discussion / Re: Arbitrage on: August 23, 2018, 10:26:09 PM
there is a lot of disbalance in the market.
Especially I'm interested in lower caps where spreads can be 10-40%
Yes there are disbalances in the crypto market, and if you have analytical skills you can easily spot them. You can even find bots to do that for you. But when you endeavor to take advantage of these price differences, you can face many practical difficulties. For example, you may not be able to quickly withdraw the coins from one exchange to transfer them to the other. Or the withdrawal fees may eat up all your profit margin. Or the wallet status of the exchange may (coincidentally) be in maintenance mode. IMO, before spending any significant sums of money on arbitrage, make sure you have figured out all the practical steps and tiny details.

That there is very good advice. I myself, once experienced some of the unpleasantries you mentioned and its really important one takes all of the little steps into account because these things do matter.
2102  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 reason ICO market problem today on: August 23, 2018, 10:21:59 PM
The ICO market has huge problem today.
this is 4 reason

> Overvaluations
> Scam
> fraud
> Speculation



The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong.

I'm in agreement with on many ICO being scams but then we must pause and ask ourselves why wouldn't there be. And by being armored with that knowledge we can decide on what's the right ICO to go for. Its imperative we do the research.
2103  Bitcoin / Bitcoin Discussion / Re: Poll reveals 2% of American investors own Bitcoin on: August 23, 2018, 10:19:28 PM
To be honest, it is really hard to accept the fact that only 2% of them owns BTC. In my opinion, the number is heavily understated for some reason. Even if the survey result is accurate, there can be a huge rise in number given that the next few hearings on Bitcoin ETF goes in favor of the crypto community. Many big investors are likely to join the market and the number will increase too.


For some reason, I too have the impression that the number is not representative of the true BTC owners because I have the feeling there are a lot more investors than we actually can think of, which is good.
2104  Bitcoin / Bitcoin Discussion / Re: WHAT NEXT FOR BTC on: August 23, 2018, 10:18:06 PM
Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a  Winklevloss ETF which proposed physical trading of BTC.  The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING

That's true, perhaps many people anticipated the same result from ETF but maybe with that knowledge BTC won't crumble like they wish because it seems to be that so far the price if anything has done the contrary.
2105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy ETH or not? on: August 22, 2018, 11:26:56 PM
Given the current price and market trend, I think people who can afford investing ETH is a good choice; with great platform and second best crypto coin its almost impossible to fail buying at such a low.
2106  Economy / Gambling discussion / Re: Is gambling addiction mainly due to loneliness and dissatisfaction? on: August 22, 2018, 11:25:02 PM
I think it very much depends on individuals. However,  it would make sense that some people join for those exact reasons, other reasons altogether or a combination of reasons. What's certain is that its a dangerous addiction.
2107  Other / Serious discussion / Re: What do you think about charity? on: August 22, 2018, 11:22:37 PM
In the simplest way, charity is a noble act, helping people and providing comfort to the less fortunate.
Though, some people do take advantage of this, in particular the rich because as it happens charitable contribution is excluded from tax, and this leaves plenty of room for tax evasion while at the same time you look rather innocent.
2108  Alternate cryptocurrencies / Altcoin Discussion / Re: Pakistan to Urge Towards Cryptocurrency Due to Economic Crisis on: August 22, 2018, 11:18:45 PM
Pakistan is currently facing the political instability and looming its economy. Many Pakistani’s are now considering cryptocurrency in order to reduce the economic inflation.


There government made a huge error in deterring crypto tradings earlier this year. So many nations facing economic crisis similar to Pakistan have turned to cryptocurrencies, and thats fantastic news.

No doubt this is great news, though I wonder what this reflects for the rest of the world, whether it would make it less attractive for the more developed countries to embrace crypto given that most countries with unstable gov. are in favour of it?
2109  Alternate cryptocurrencies / Altcoin Discussion / Re: The Marshall Islands goes crypto on: August 22, 2018, 11:16:24 PM
Great, that's fantastic news which I hope does get implemented. Any country now making this smart decision to include crypto will only benefit from the system.
2110  Bitcoin / Bitcoin Discussion / Re: GOOGLE BANS BITCOIN MINING APPS.ON PLAY STORE on: August 22, 2018, 11:14:30 PM
Googl has always not been friendly of cryptocurrencies in general, latest update is this: Google has placed a ban on mining apps hosted on google play store https://news.bitcoin.com/google-bans-cryptocurrency-mining-apps-from-play-store/?utm_source=Google%20Bans%20Cryptocurrency%20Mining&utm_medium=telegram&utm_campaign=Telegram%20Channel

I am with google on this move.
First of all let us talk about the practicality of using someones mobile phone in mining bitcoin.
As we all know bitcoin mining is getting really hard even for this days most powerful pc's then here comes some mining app thru mobile that will tell you could do it with your phone.
Then along the way theyll ask you for payment in order to further improve the potentials of your mobile miner.
And at the end of the day youll just find out that you were just being scammed.
So much better to put an end to it in order to protect  googles users.

Exactly right. In a way, I understand the deterrent Google is trying to set for miners to not use mobile devices for mining. What's their efficiency anyway? Not that high...and its another way to prevent cyber attacks.
2111  Bitcoin / Bitcoin Discussion / Re: You want the bear market to stop? Here are some things you can do :) on: August 16, 2018, 10:50:20 PM
Will you be able to stop them once they have paper Bitcoin and trade it on the side.  Look at gold and silver.  Once the bankers got you they got you.  Bitcoin should of skyrocketed with the no ETF decision.  They want ETF so we will get it soon.  The market will pump also.   Cheesy

I don't think we will see Bitcoin paper because its too similar to fiat currency, but I agree with you that once ETF approves crypto the market will pump.
2112  Alternate cryptocurrencies / Altcoin Discussion / Re: People say altcoins won't survive on: August 16, 2018, 10:48:04 PM
i can not imagine that all the coins and tokens will all survive. 90% of that wont survive and i think this is realistic. there are just too many coins and tokens.

Yes, there is that point and the fact that there are some altcoins that are actually a lot better than BTC and those aren't very likely to just disappear.
2113  Economy / Trading Discussion / Re: When to get in and get out in Bear/Bull Markets on: August 15, 2018, 10:47:12 PM
Really, this can be as simple or as complex as you make it because its only you that can determine when you made enough losses or profit to either sell or buy.
2114  Other / Serious discussion / Re: Bitcoin ETF, Is it really needed? on: August 15, 2018, 10:44:56 PM
Ohh, my, yeahhh! We do need it and lets hope that ETF does approve crypto because if that happens is almost as when countries are saved from a great recession.
2115  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth is done on: August 14, 2018, 10:33:18 PM
Honestly I could not believe what am seeing
I thought I was looking at another altcoins price
Etheruem have hit the bottom, I was surprised that
Etheruem can drop this much.

Yes, indeed this behavior in coin value is disappointing but looking at the bright side (if it can be possible) is that hopefully this will start going the other way once the market hits the green.
2116  Economy / Trading Discussion / Re: The Bear may be good for us on: August 14, 2018, 10:31:18 PM
I think, like many people on here, that this bear market can benefit some to a certain extend especially those who want to either enter the crypto market space or simply increase their portfolio, but hopefully this trend doesn't continue for much longer.
2117  Economy / Speculation / Re: Why we will see $50k Bitcoin end of year on: August 13, 2018, 09:40:03 PM
I think we will on that next 3-5 years but for now we will be not expecting on that since bullish run of bitcoin will start on November and will hit only $15,000.

I also agree with you. In essence, it would be great to have BTC at such a high mark but in reality I think we're in a little too early stage for that to happen and realistically we can hope to see it somewhere near the 10k hopefully by early next year.
2118  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good timing to buy altcoins? on: August 12, 2018, 08:53:53 PM
definitely a perfect time to get the altcoins! most of them have experienced the worst days of 2018! I should say the same for btc and other head coins!

Like most of the comments on here, hell, yeah. This is a good time to buy in because we already starting to see improvements in the value of BTC.
2119  Economy / Gambling discussion / Re: Statistics about Bitcoin Gambling? on: August 12, 2018, 08:52:24 PM
NLNico's website contains interesting information (total wagered, daily bets, total invested, etc) from different Bitcoin dice sites including alts. I know there's another website that compiles the stats of different Bitcoin gambling sites (not limited to dice) but I can't remember the exact name. I'll edit this if I can find them.

Edit : After a few minutes of searching I have some good news and bad news. Good news is that I found the site it's called TheBitcoinStrip. The bad news is that they took down the casino stats page.

How were they collecting the data and do you think they were accurate ? If I had an online casino, I would not like to share this data in public as it can result in some problems in future.

Most websites I've looked at, particularly dice casinos did have all the stats  information available and I think showing it its a sign of a proper casino.
2120  Economy / Gambling discussion / Re: Does hard work in gambling count? on: August 11, 2018, 08:54:37 AM
In my opinion, hard work in gambling does not exist. I mean fair enough, you can be dedicated player with strategies in place and everything but at the end of the day the games are still based on probabilities and ultimately 'luck'.
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