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2301  Alternate cryptocurrencies / Altcoin Discussion / Re: Virwox is gone on: May 17, 2020, 09:22:15 PM
virwox was one of the first sites where or bought bitcoins, there were many passes and the final high fees (almost 20%) but you could use paypal and for me it was an important thing I hope their problems are only temporary and the site reopens soon...

PayPal has its own fees. Is using them so important to you that you'd be willing to pay 20% exchange fee and then pay again if you decide to do anything with your paypal money? That's crazy.

They closed down because there was no demand and I don't think they'll reopen. There's really not that many people who'll pay premium just to get paypal money when they can get cash from an ATM much cheaper on any other platform.
2302  Bitcoin / Bitcoin Discussion / Re: Small Investors are losing Bitcoin by Investing in Altcoins? on: May 17, 2020, 09:14:41 PM
How many times have I said something like that? A lot that's for sure!

Altcoin can pump by themselves but you have to be ready to sell at that exact moment. The rest of the time they will just move up with Bitcoin and you'll gain nohing but when they dump they go down hard and investors lose more than they would if held Bitcoin.
2303  Economy / Gambling discussion / Re: Las Vegas Mayor Wants to Re-open Casinos. Thoughts? on: May 17, 2020, 07:22:11 PM
Just wow Roll Eyes. I don't know how you able to ignore such thing. Yeah it is true that corona virus is less lethal than the other viruses existed but it's spread rate is no joke.

Common cold also isn't deadly and its spread rate is no joke. Most of us get it once a year.

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That's what it makes more dangerous, hello? It won't become a pandemic for nothing.

It became a pandemic because the government officials overreacted. The bans are already being lifted.
The virus has been spreading in February and is spreading now. It's just not as deadly as they had thought.


There are unbelievably selfish people. If you are young and strong, you are probably not afraid of how lethal covid is even if you are infected. But are you not gonna consider those people around you or those who come in contact with you who are very vulnerable to succumb fatally to the same virus?

Just look at the numbers and you will see we are increasing to millions and millions of infections despite the lockdowns everywhere.

Those who feel vulnerable and feel scared can stay at home. It doesn't mean we all have to.
2304  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency crime in Netherlands. on: May 17, 2020, 07:14:58 PM
People have been doing similar attacks 20 years ago when there was no Bitcoin.

I remember this being done in games and chatrooms where the system would allow someone to register an account with "I" instead of "l" and the names would look the same.
Some services did not show spaces so you could make a name with a single space in the begining or end and use that identity to get some private information.

One way of fighting it is to use password managers. They won't recognize the site and won't give you the loging and password if the link doesn't match 100%.

2305  Economy / Gambling discussion / Re: Gambling hiding, rules ignored. on: May 17, 2020, 06:58:46 PM
So you guys always obey the rules of your government? Is that it?

How come the government banned people from entering casinos but did not shut down casinos and allowed them to operate? If a casino is open you can expect people to go there. The rules should not forbid people from playing but casinos from being open.
2306  Economy / Gambling discussion / Re: Be a professional gambler on your own way. on: May 17, 2020, 06:49:01 PM
We can find one successful person who followed this strategy but there are millions out there who failed while following the same so never try to be a professional gambler at all, enjoy the gambling experience and level everything there when you get out from the site or physical casino then just lead your normal life.

Of course! You can have all the plans and strategies in the world and the best attitude ever and still fail. These do help but don't make you a winner.

OP mentioned superstition. That doesn't help for sure. THe only good thing it can do is give you confidence but confidence is a double edged sword. It can be good or bad depending on the situation. Luck isn't a measurable thing so I won't even talk about it.
2307  Economy / Economics / Re: MENTAL HEALTH ANG WELLBEING on: May 16, 2020, 11:07:53 PM
Instead of worrying about about being killed by the pandemic you should relax and think how many people that you know got sick and died. You'll realize that there's nobody around you who is sick and suffering besides people who were sick and suffering aleady before the outbreak.

The first step to feeling good and confident is realizing the position you are in and seeing the possible ways out of it.

If you woke up and realized you've been burried alive you would gave reasons to panic because the situation would be dire, but as long as there are ways out you're fine and shouldn't worry.
2308  Economy / Gambling discussion / Re: GAMBLING: Skill-based vs. Chance-based on: May 16, 2020, 10:57:35 PM
Most people choose chance based games and the statistics confirm it.
70 or 80% of casino profit are slots that are the purest and most newbie friendly form of chance games.

I'd choose a skill based game because when I gamble I like to focus on it but I know that many people gamble while doing something else like watching TV or even working.
2309  Economy / Speculation / Re: Bitcoin price could reach $ 100,000 by 2025 on: May 16, 2020, 10:27:28 PM
$100K is nothing.

$1 million is on the table, and that's not even accounting for hyperinflation. I agree with Raoul Pal about that, even if we have differing opinions on shorter term price action.

So many people are going to sell the next bubble way too low.

I agree with you. People always think 2x is a big thing and they keep waiting for the ATH to appear once again so they can unload.

I bet most people who came to bitcoin during or after the 2017 bull run is looking at 20 thousand and dreaming what they'll do if it comes once again. The rest will sell at 2x that just like it was in 2017. The price struggled a lot at 2-3000 USD because that was the goal for most sub 1000 buyers. Then everyone and their mothers bought back in.
2310  Alternate cryptocurrencies / Altcoin Discussion / Re: Good or bad plan? on: May 16, 2020, 10:20:32 PM
Bitcoin has largely failed to perform as a so-called safe-haven asset during the coronavirus crisis so far—though is changing already

The bitcoin price fell sharply amid a broader market crash that will go down in history as one of the worst market routs of all time, but outperformed major U.S. indexes for the first quarter.
Its a good to invest with the hope of make profit in the nearest future.

It did not fail. Temporary drops do not affect the average price per year.

It's not a good coin for daily payments because it experiences these flash crashes but that's mainly an effect of little market depth on exchanges. It's still a good safe haven. If you bought coins for 10 thousand dolars before the pandemic you pretty much have the same value now.
2311  Economy / Economics / Re: Get ready for more tax. Save your BTC! on: May 16, 2020, 10:08:48 PM
If you didn't pay taxes, you probably don't know where they come from.

Baseless assumption. Do you always label people like that?

You don't work as a mechanic so you don't know where cars come from.
You don't have a cow so you can't possibly know how milk is made.

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People pay taxes to the state so that the state can function on these taxes, provide people with goods and everything in this spirit.

That's what they want you to believe.
2312  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 16, 2020, 09:40:18 PM
^  F**kin journos making it bigger than it really is could cost us.  I heard another exchange delisted XMR.  They just couldn't handle the pressure from the government cos they can't do anythng.  XMR is so good with privacy and the only choice is to get rid of it than continue dealing with it.

Yes, and it's a big one - Bithumb.

https://cointelegraph.com/news/another-exchange-delists-monero-amidst-ongoing-sex-scandal

It's a real shame that they show the world they don't care about privacy and try to blame the coin for the actions of its users. This is never a good idea to find a scapegoat and call the case closed.
2313  Bitcoin / Bitcoin Discussion / Re: I just think privacy is more important with financials. on: May 15, 2020, 09:56:58 PM
I really don't mind if the world sees what I'm buying but I prefer privacy if given a choice.
Saddly we are getting less of it and will be getting less of it in future.

What's happening to Monero is a good example. It's getting delisted from exchanges left and right because of its privacy. They are afraid it can be used to launder money but I thought KYC was going to prevent that. If they take all your information and still don't allow you to use privacy coins it's a sign of something bad coming in the near future. Possibly the end of cash payments.
2314  Bitcoin / Bitcoin Discussion / Re: Make a piece of Bitcoin art. on: May 15, 2020, 07:00:17 PM
Is it finished? Was it meant to be blurry and a bit transparent? Is there a message there that Bitcoin isn't as solid as a coin or something like that?

I'd like it with a bit more hard black and white depth or in color.
2315  Alternate cryptocurrencies / Altcoin Discussion / Re: 3 Altcoins Set To Explode in 2020 on: May 15, 2020, 06:25:54 PM
I'd be afraid to put my money in a centralized token like BNB. It may be doing well now but it's very risky.

If you have a chance to buy something buy Bitcoin because it's the least risky.

If you already have BTC and want an altcoin get some ETH. There's really no need to risk money by putting it into things like Polis or BNB when you can get a nice safe profit from other coins with less risk.
2316  Alternate cryptocurrencies / Altcoin Discussion / Re: I need your help guys! on: May 15, 2020, 06:04:27 PM
When you see that the site designers can't even write a few correct sentences in English and there's a mistake in every paragraph but at the same time they say they're trading "trillions in currency" you know this currency has to be simbabwean dollars or some other worthless fiat, there's no other way Cheesy

For trillions traded their site really looks bad and is in low resolution so they don't have good hosting. Probably running on some free server. Pure garbage!
2317  Alternate cryptocurrencies / Altcoin Discussion / Re: Good or bad plan? on: May 15, 2020, 05:47:57 PM
Yes, the pandemic posed to be a huge threat to not only the cryptocurrency market but also to the traditional market at large. you can see its effect on oil and some other indices. let's hope the pandemic goes down gradually and the market to have its recovery phase

It's not the pandemic that is a threat but the actions of the governments.

The pandemic did not kill staff of all the restaurants in the EU but the governmentas effectively made them all useless, as good as dead, bu shutting down their businesses.

The coins will gain value as people realize that the pandemic isn't as dangerous as described by the media.
2318  Alternate cryptocurrencies / Altcoin Discussion / Re: Token burning on: May 15, 2020, 05:38:00 PM
“Burning tokens” actually is a old method for making that token or that coin rare . It is cool method knowing the fact if the offer is bigger than the demand we know there will be a pump

It's a pointless act if you ask me. It doesn't matter if something is rare because rarity doen't equal value! Rarity can boost value if there's some utility or beauty somewhere in there but rarity alone will not achieve anything.

Excrements of white tigers are very rare but are they valuable? You can't make a gold ring out of shit just like you can't turn a worthless token into a valuable one by cutting its suppply in half.
2319  Economy / Speculation / Re: What inspired you to buy BTC? on: May 14, 2020, 09:54:42 PM
I bought BTC long time ago and the most important factor at that time was an investment opportunity.
I heard about the previous halving, had some cash at hand, invested in altcoins first and traded them and noticed that bitcoin is much easier to predict. Less volatile but also less speculative.

I liked that and later as my trading was going well, I became a holder.
2320  Economy / Speculation / Re: Let's start travelling to Stars; Moon is no more a target! on: May 14, 2020, 09:21:08 PM
More people predicted a dump after the halving for short term but its surprising that prices started to increasing but this is what I predicted as post halving analysis in the earlier stage so I just holding my coins.Only few days passed after the halving so we can't say this is really shift in the price trend, we have to wait few more days to conclude anything.

I'm also positively supprised by Bitcoin's resilience. I also expected that this dump require more time to recover.

Some well known traders were more bearish with Tone Vays predicting it to be a start of a nother downtrend to 5-6 thousand and we have to remember about those all out bears like Ross Ulbricht who thinks we'll go to new lows this year.

I think we'll see a new ATH but in 2021 or maybe even 2022. If it happens this year I'll be euphoric.

 
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