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221  Economy / Economics / Re: Blockchain in Healthcare on: November 26, 2018, 09:53:12 AM
While there are certainly some benefits, one shouldn't forget about the problems associated with the use of blockchain in the healthcare industry. A good description of the possible problems with this solution are summarized is the following post:

The problem is that a blockchain is a public, immutable, trustless, decentralised ledger. Anything data you include in a block is there to stay.
  • What if the patient changes his mind? There is no way to "erase" his data
  • What if data that is considered harmless at this point in time, becomes something of great intrest/value to for example insurance companies (for example, at this moment in time, you think it might be a good idear to record your pollen alergy into a blockchain, but in 50 years pollen alergies get linked to a specific type of terminal iless and an isurance company decides to double the premiums for everybody having a pollen alergy based on this data
  • I've also heared some companies saying that anonimising the patient's data is the sollution, but what if the key gets leaked? What if one of the hospital's databases gets breached and a hacker is able to link each anonymous key to a real life person?
222  Economy / Economics / Re: why bitcoin price fall down? on: November 25, 2018, 07:39:49 PM
IMO, it has nothing or very little to do with the trade war between US and China. It has probably more to do with failed expectations of another strong uptrend. It also has to do with the recent BCH fork where BTC is a sort of collateral victim.

In times like these it is always good to take a step back and revisit our motivation. Are we here only because we would like to profit from BTC in the next run to the moon? Or we are here because we are excited to be a part of a movement never seen before in human history. A movement that wants to redefine the very notion of money and possibly lay the foundations of a new and more transparent and fair monetary system. Even if bitcoin goes to $1000 or lower, it is still the closest possible match to perfect money that people have invented so far. How great is it to be a part of this? I think, it's pretty awesome.
223  Economy / Trading Discussion / Re: There is no magic in trading on: November 25, 2018, 02:19:12 PM
Trades in most cases end up being a disappointment, regardless of the outcome. If you buy at $100 and the price falls to $70 you are disappointed. If you buy at $100 sell at $120 but the price goes up to $150 you are yet again disappointed. In other words, the nothingness in trading continues for as long as you keep traing.

I sign every word you said. You have pretty much summarized what every trader must go through during his/her trades. I do trade with a very limited sum of crypto, just for fun, but I find the experience emotionally wrecking. Unless maybe if you can distance yourself from the results of your action. Which is easier said than done. I really don't know how the professional traders make it. Or maybe they just give off an impression of ease and success?
224  Economy / Trading Discussion / Re: There is no magic in trading on: November 25, 2018, 01:49:50 PM
Regrettably the field of investing has been tainted by endless shonks who have polluted the thinking of people before they even set foot in the market.
[...]
The central theme of these sorts of sites and it is not limited to cryptos is that you can trade full time with very limited capital. And you can do this because you will never have a losing trade.

Yes, they sort of make you think that you won't be losing trades if you adopt their strategy and join their circle (for a hefty fee). The reality is quite the opposite. No matter the trading system, you will have a lot of losing trades, but if you have a good money management system in place, you will make money consistently. It's not so much about the trading strategy as it is about the money management strategy and discipline in executing it. Not everyone can do that.

For example, beginners in trading (such as I'm) tend to let losing trades run longer than necessary. On the other side, they tend to cut winning trade early without letting them fully develop. This is pure psychology and it is probably the hardest thing to master.

All in all, interesting read. Thanks for sharing.
225  Bitcoin / Development & Technical Discussion / Re: Can anyone explain, technical difference between public and private blockchain? on: November 25, 2018, 11:57:01 AM
Private blockchains aren't useless. You don't need to make something completely public, to decentralize it. If you make it decentralized among a controlled amount of people, it's still decentralized.

You have a good point there. But then, the question still remains: what about trustlessness and immutability in such environments. Can we trust the government employees, or business with vested interests that they will remain impartial while running their blockchain?
226  Alternate cryptocurrencies / Altcoin Discussion / Re: what is the advantages of masternodes ?? on: November 25, 2018, 09:59:21 AM
what is the main advantages of buying the masternodes and ... what can we get if we hold them long !!

The premise is that you can earn passive income by holding/running masternodes (MN). Why? Because a part of the mining reward for each new mined block is shared between the MN holders. However, you may also have recurring expenses (running the node 24/7, etc.).

how to choose a good masternode , how can we know that '' good masternode is this ''...

This is exactly the point. It doesn't always work, and certainly not will any random masternode coin. Example: the coin may go down in value, so you lose money even though you may own more of the coins.

how can we findout that the project is good or scam Huh

A good place to start is https://masternodes.online/ Hint: choose well establish coins with decent price history.
227  Alternate cryptocurrencies / Altcoin Discussion / Re: Is sacrificing privacy important? on: November 24, 2018, 03:02:40 PM
The total tokens shared are approximately 1.5 billion tokens.
I wonder what was the amount of airdropped tokens per participant? If it was as in the case of many other typical airdrops, the participants were effectively selling their private information for a couple of bucks. Not a very clever thing to do.

Unfortunately, there are still many who do not understand that privacy is quite important and must be maintained.
Agreed. I can't say that I will never give up my privacy, but I will say this: it would definitely have to be a substantial reward to do that. Otherwise it's just lame.
228  Economy / Trading Discussion / Re: I regret that i entered trading too late on: November 24, 2018, 11:30:58 AM
No, never.

If you look at the market, any market really, you can find numerous reasons to spend your life regretting. There are so many missed opportunities that you can regret day in day out.

Rather than doing that, train yourself to focus on the next trade only. That way you will never engage yourself into things you cannot change.

It's never too late to educate yourself the proper ways, change your mindset, and start trading. Focus on the positive, avoid the negative.
229  Alternate cryptocurrencies / Mining (Altcoins) / Re: Altcoins mining still profitable? on: November 23, 2018, 08:23:20 PM
I'm afraid that with the current market in downtrend, altcoin mining is not really profitable. Even with cheap electricity, if you use GPU, you can earn very small amounts. The only exception is maybe if you can employ ASICs and mine the alts minable by ASICs. Not all of them are profitable, but with cheap electricity you can find a couple of coins that can bring you some profit. Check your options at https://whattomine.com/asic
230  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP and BTC: Decoupling time is still a pipe dream on: November 23, 2018, 07:24:11 PM
This is a quote from the linked article:

Quote
Once XRP is listed on more exchanges as a base pair and people can buy directly with Fiat, then we will see less of this BTC influence. Rumors about Binance adding of XRP as base currency is another plus for the decoupling narrative.

The first sentence suggests that the decoupling will take place when enough exchanges list XRP as a base pair. Other alts are already in that position (ETH, LTC) but they are still very much coupled with bitcoin. So I don't think this will have a strong effect.

As for the rumors about Binance adding XRP, they seem to be true, but the exchange asked specifically to be convinced (by XRP supporters or otherwise) why they should be listing it. Let's see if they manage to persuade them.
231  Bitcoin / Development & Technical Discussion / Re: Can anyone explain, technical difference between public and private blockchain? on: November 23, 2018, 05:46:50 PM
The structure of the private blockchain can be pretty much the same as the structure of the public blockchain. However, what's different are the access rights: everyone can access a pubic blockchain, but you need special privileges to access a private blockchain.

For example, you can send your transactions to a public blockchain, but you may not be able to do that with a private blockchain. You many not be able to run a node unless given access rights, etc.

So, in a way, a private blockchain is the antithesis of what blockchain technology is trying to achieve in the first place (decentralization).

What's the point then? One may argue that private blockchains are faster as the nodes are centralized and may be run by a firm or organization. But you are trusting and relying on a centralized entity, which defeats the purpose of this technology. So, IMO, private blockchains are totally missing the point.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: Most important things to look for in an ICO? on: November 22, 2018, 04:20:11 PM
Besides the project itself, I'd say that the people behind the ICO matter even more. If you take a closer look, you will see that most of the projects never really take off, or if they do, they do that rather slowly. The nature of the crypto space seems to be that way. Progress is slow and difficult. So, if the people behind the project are capable of attracting media attention, if they are well connected, and if they have good social skills and employ good marketing strategies, the ICO will be successful. At least, it will be successful in the initial stages of the project. That's all you need to cash out in time. Because, let's face it, most of the current ICOs won't make it long term.
233  Economy / Services / Re: AMKA.pro risk free passive income on your BTC/ETH [trading bot with a guarantee] on: November 22, 2018, 12:38:59 PM
In addition to the risk-free guarantee mentioned by pickupcoin, I have difficulties to understand your offer. For example,

1. Registration on Binance - You register on Binance and deposit 5 BTC or 200 ETH on your personal account

Why this amount of BTC or ETH specifically? Can we deposit less?

2. Trading permission - create a an API key for us with trading permission only
3. We connect our trading bot to your account and you passively increase you coins!

These 2 points are how trading bots work in general. But,

4. You share with us half the gained profit as a payment for the service every 15 days

How do you make sure that the interested party pays to you half of the profit? For example, they can give you an API key without a withdrawal option and keep the entire profit for themselves.
234  Economy / Services / Re: I want to list a pow coin on exchanges, any advices? on: October 11, 2018, 07:17:31 PM
One of the first things that has to be done in every single instance, for any exchange is to have the coin listed on at least one data site, such as CoinMarketCap or CoinGecko...

Correct me if I'm wrong, but I think it's the other way around: first you get listed on a couple of exchanges and once you have a decent volume then you can apply for a listing on CoinmarketCap.
235  Economy / Services / Re: I want to list a pow coin on exchanges, any advices? on: October 11, 2018, 03:17:40 PM
I'm not really familiar with listing new coins on exchanges, but I can give you an example I know of:

You can list your coin on https://crypto-bridge.org/ if you pay the following price(s):

Quote
General info:

There is a 1 BTC standard listing fee and a 3 BTC fast-track option.

    Fast-track We aim to get you live within 24hrs from confirmed payment, we will contact you within 12 hrs of request.
    Standard Generally 7-12 days from request to listing, but can vary depending on demand at the time. We will aim to contact you within 7 days of request being lodged.

Source: https://cryptobridge.freshdesk.com/support/solutions/articles/35000061219-how-can-i-request-a-coin-listing-


Please note that I'm not affiliated with cryptobridge in any way, I just happened to stumble upon their coin listing post before.
236  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How Far are we from the bull run on: October 10, 2018, 07:04:17 PM
If you mean recovery at the previous ATH level, that is not really important here. Because, in the long run, that level will surely be surpassed. But, despite the bloodbath, as you put it, the bitcoin price has remained relatively stable for something like 8 weeks. I believe this is a positive sign and a good thing to see. Even if the price jumps to $15K in the next couple of months, it would be interesting to see if this reduced volatility at the new level will be established again. BTW, I think this scenario is not very likely unless there is a serious influx of money from somewhere. But the reduced volatility means bitcoin is behaving more and more like a stable coin, which might be good for larger scale adoption.
237  Economy / Trading Discussion / Re: I fail in trading on: October 10, 2018, 04:11:15 PM
First of all, let me say that probably 90-95 percent of all traders fail. This is especially true at the beginning.

IMO, there are basically 2 reasons why traders fail:

1. not enough knowledge, for example, about technical analysis, how to trade, when to trade, and so on.
2. wrong mental attitude, and other things related to person's character and psychology.

The first thing you can learn more easily. There are so many online courses, videos, and other free material that you can learn all that if you have a strong desire.

The second thing has to do with your character and psychology. I recently started a thread discussing this point you might find useful:

https://bitcointalk.org/index.php?topic=5046029
238  Economy / Trading Discussion / Re: Which website shows realtime crypto coins price? on: October 09, 2018, 04:47:04 PM
Coinmarketcap is the best and most famous, but I would like to add one alternative to Coinmarketcap:

LiveCoinWatch

It tracks in real time (with historical info) more than 1,000 altcoins as well as their volume on more than 100 exchanges. I like the design and especially the ease of use. If you hold a lot of coins, you can have an overview of your entire portfolio on their site.
239  Bitcoin / Hardware wallets / Re: Why hardware personal wallets are almost impossible to hack unlike exchanges? on: October 08, 2018, 11:12:34 AM
But in this specific case, i don't see it as a exchange-related problem. Sure, an exchange was used to monetize a 51% attack, but a hardware wallet wouldn't have protected you either.

You are right of course. I am mentioning this only because the linked article talks about protocol level security:

Quote
All the crypto exchanges have weaknesses in the architecture because they were never designed in cryptocurrency protocols.
240  Economy / Trading Discussion / [Youtube Video] The 10 Minute Talk Every Trader Needs to Hear on: October 08, 2018, 10:46:13 AM
I have no idea whether or not this youtube video has been shared before:

The 10 Minute Talk Every Trader Needs to Hear



but I thought it would be well worth your time. It is a talk from the Traders4ACause 2018 Charity Conference and it deals with the mental attitude of a good trader and the psychology of trading. It is not about cryptocurrency trading in particular, but everything you will hear applies to the crypto space as well. You will hear from the perspective of a trader what it means having a fixed set of rules. Those are the rules that you follow all the time without exception. The speaker argues that 90-95 of traders fail not because of a lack of good trading setup, but because of too many preventable losses or just one big loss. I found this talk very useful. I believe it may help you to:

  • understand how important it is to limit your losses
  • learn from the same mistakes you make over and over again
  • hold yourself accountable for your actions as a trader
  • focus on what you are doing poorly rather than on the next big setup
  • wait on your high probability setups (those with probability of 80-90%) to kick in before making a move
  • forget about trading at any cost just because you think you should be proactive
  • use hard stops, or having a mental idea about where you are gonna exit if your trade doesn't go the way you thought
  • forget about being stubborn with trades that have gone the wrong way but you are still holding to them
  • cut your trade if you are not right immediately
  • learn not to be biased on your research about a coin if the market says otherwise

Here are the rules that the speaker has set for himself:

  • trade the best setups that are profitable at least 80-90 percent of the time
  • for these high probability setups put big money into them
  • never add money to losing trades
  • never say to a losing trade it can go higher
  • take profit on winning trades
  • you don't have to pick the exact top or bottom
  • trade with your free and clear mind
  • don't revenge trade just because you had a big loss last day
  • cut losses
  • cut losses
  • cut losses

I enjoyed this talk and I hope you'll enjoy it too. Please share what you think about this.

So, stick with your rules and cut your losses on time! Happy trading.


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