Bitcoin Forum
June 16, 2024, 02:48:42 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 [121] 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 ... 232 »
2401  Economy / Speculation / Re: PayPal to open up network to cryptocurrencies on: October 29, 2020, 06:53:17 PM
I read an article recently, by launching crypto buying and selling features 350 million Paypal users just got access to crypto, that's really huge. Adoption is on the way as we have needed. More people will show their interest which make more buying possibility and we're already experienced it.
I would be grateful if someone who uses the paypal can confirm what features have they allowed. Like can we withdraw the BTC we bought through paypal to our own address? Or are we only allowed to keep them in the balance on paypal and sell them for USD.

Paypal being the biggest platform for electronic payments must bring a large user base into bitcoins indirectly and when a new feature is launched by such platforms the users on the particular platform buy some coins in excitement.

I haven't been able to understand what all paypal is going to offer about BTC but from what I have heard and seen from people it seems like a great and positive move.
2402  Economy / Speculation / Re: Bitcoin Price has surpassed $12k!!! on: October 29, 2020, 06:06:03 PM
The fact is, even years ago when bitcoin reaches to a point, it leaves a mark there and that mark could be legit technical stuff like resistance points or walls or anything like that staying from back in the day or it could also be a psychological one, where we would basically need to break over in order to actually feel like we are safe position.

$10K was psychological for example, we moved up and under that level for over a year, we did that multiple times since the famous 2017 December, it was something we did so frequently that I made a decent income from buying under $10k and selling over it. However this is neither technical nor psychological, this is more about ammunition, if we could keep this going with more buying power, we will see an easy $15k soon, all depends on the amount buyers have.
2403  Economy / Speculation / Re: How to have a united world (With bitcoins) on: October 29, 2020, 04:43:42 PM
I do not believe that 75% of the people are hungry or starving, I believe we do have a problem where there are nations who spend so much money on food that food companies create excess food "just in case it gets sold" while there are nations that do not have food at all, that stark contrast is obviously bad and I would rather see that go away, no nation in the world should have not enough food, our earth is enough to provide for everyone around the world, it has enough water as well but we need to keep working on it, Africa for example lacks a lot of water but when you drill for water you get it, which means if we spend tens of billions of dollars even more coming from all around the world we could make Africa not need water as well. However the number is definitely not 75% at all.
2404  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you think will become next Ethereum? on: October 29, 2020, 03:45:27 PM
I have no thinking next those coin touch ETH because ETH always best coin with very much popular. If eth 2.0 will completely upgrade then one more step eth growing. So still in my mind there has no candidate a coin can might be cross eth.
Yes, there is no reason why any coin should over take ETH although that said I feel like USDT is growing quite quickly and the market cap is pretty big right now and the 24-hour volume is also good which makes it the only possible competitor to ETH but then it is a stable coin so the value will always remain same and no real opportunity to invest.

There are some good coins like Tron & Ripple but they are not even close to touching ETH anytime soon and I am not sure if they are even going to survive for many years although I like Tron a lot but that's my own estimation and I have been proven again in past.
2405  Alternate cryptocurrencies / Altcoin Discussion / Re: What's the difference between stablecoins? on: October 29, 2020, 12:04:43 PM
on the basic level all stablecoins are same, that is having $1 value. But going into depth some are centralized, some are decentralized and All are run by different companies.

Can you tell me which are decentralized. That would be interesting.  I know of only one.
I would like to examine this or ask a more knowledgeable friend to give me his opinion.
I don't know if he is able to reply so let me take the opportunity and answer you. So basically DAI is one stable-coin that is decentralized and has a very transparent mechanism. Personally I also use tether like many others but honestly speaking I love the mechanism and working way of Dai because it is decentralized and hence it cannot dump the market of its own. I am not saying that tether will suddenly dump their coins and scam but it is better to be safe than sorry and decentralization was made to let people control the pricing.

I still prefer tether because it has monumental cap and the volume is even more impressive but then if moving forward someone asks me the future for stable coins, I would without hesitation vote for Dai.
2406  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: October 29, 2020, 10:37:53 AM
I am sure it was just a backend glitch that calculated wrong from an automatic API system that drew all the data from another place. I do not think that there is a guy behind a desk putting all of the data by hand to each and every user, that is both impossible to do this fast plus it would be a whole team work to do that and not one person job neither, which goes to show my point; it was done via some coding.

It means this challenge gets all the data of goals, cards, clean sheets and everything else from another place, maybe google, maybe some other football related website, and during that period maybe one of lines got messed up? I don't know what could be the cause but it looks like the code between your results and the real results that FJ uses got bugged which caused this.
2407  Economy / Gambling / Re: 🚀 Sportsbet.io - Official betting partner of ARSENAL FC 🚀 on: October 29, 2020, 09:58:14 AM
My losing streak seems it won't stop man and I'm in depression already that I don't know what to do anymore ...placed 8 tickets , lost all 8 of them ...and I think I have around 40 tickets lost in a row so I'm out from betting. Good luck everyone.
There are times when everything goes wrong and you try to chase your losses and it follows up with even bigger and worse losses in a row as well. The best way to stop that would be to stop betting all together like you suggested, it allows you to recollect your thoughts and smarter decisions later on both in gambling and in life as well.

I have lost countless amount of money back in the day (thankfully wasn't much at the time but if I kept that btc I would be retired rich now) and it allowed me to see life in a whole new perspective, you can get out of your own situation and check it like a stranger and make decisions.

However if you ever want to get back, I would suggest that 40 losses in a row indicates you didn't placed bets on almost guaranteed games, maybe try to look for games that are 1.5 odds or under for a while to get back on the winning side. You can't have 8 bets that are under 1.5 odds (almost guaranteed) and lose them all at the same time, most of them will probably win.
2408  Economy / Speculation / Re: PayPal to open up network to cryptocurrencies on: October 28, 2020, 07:18:26 PM
I believe this increase in attention towards bitcoin could be the reason why bitcoin is increasing and at a new high right now, not because paypal added and suddenly paypal already made the price go up, that wasn't the case, the reason why bitcoin went up was because of paypal but not directly, it was people who thought this would make a big change that bought bitcoin because of the "news" that made it go up.

Remember bitcoin only goes up when there is a big buying spree and without that bitcoin can't go up, and paypal itself didn't bought any coins which means other people bought it due to the news and that's it. Which is why I believe all these increases will eventually lead to more and more news like this and more and more increases like this as well.
2409  Economy / Speculation / Re: how many Bitcoin do you need to live comfy in event of hyperinflation? on: October 28, 2020, 06:57:18 PM
Nations are different from each other, I am sure if you had 1 bitcoin there are tons of places in the world where you could live through a huge hyperinflation without any problem, but there are also places where you can't live with 1 bitcoin alone. For example in USA $13k is good enough for few months at best, unless you are some college kid you will run that money out very quickly, but look at places like Nigeria, there $13k dollars would help you live a year or maybe even more and closer to 2 years.

So, having a set amount of money will never be enough, doesn't matter how much unless it is too much that we wouldn't even be talking here, no matter how much money you have, you should also focus on income, without income the money you have will run out eventually.
2410  Economy / Economics / Re: PayPal to allow cryptocurrency buying, selling and shopping on its network on: October 28, 2020, 03:55:35 PM
It's a good news for us who uses cryptocurrency, there is a lot of user of paypal and once they see the payment method of crypto maybe they will use also this and become investors that can help to the community to grow more and to the price too. Paypal is big company and it is a win win situation between bitcoin and paypal because it is a big impact to them also and to us of adding cryptocurrency to the paypal.
A lot of people have been saying that they want Bitcoin to be accepted everywhere around and they want to be able to spend their coins and use it to buy whatever they need, and this is that opportunity, since PayPal is accepted everywhere, now once they are linked with Bitcoin that means that our dreams of being able to spend our cryptos wherever we want has been fulfilled.

The next thing is how they are going integrate Bitcoin to their platform; will it be in a way that’s going to make things easy and acceptable, because if not, a lot of people are still going to reject it.
2411  Economy / Trading Discussion / Re: Why You Should Trade Crypto With Leverage on: October 27, 2020, 10:59:51 AM
I read what you posted on that article and you only present one side of the coin, you only present the good aspects that make margin trading attractive and why many people try to use it on the first pace, why do not we talk about the other side, if you lose 10% in a single trade if you leverage that with 10x then you lose all your capital, and if you use 100x then a 1% loss is enough to wipe out your account.
True and the crypto market is so volatile that 10-15% change is normal within weeks and even days at times specially with altcoins because they are even more volatile than bitcoins. But that said if you do a sensible leverage trading and use 3x or 5x at max then actually chances are less that the value will drop as much as quickly and you can see some funds in balance for sudden changes and you can put some extra money when market drops.

I think you are taking the wrong approach here, the question should be who can trade using leverage and do it without destroying their accounts in days or weeks? And the only ones that can do that are expert traders, newbies should stay away from it until they have showed themselves they can make money consistently on the markets and they have a solid money management strategy.
For sure newbies should not even think of leverage trading and one thing that people miss about leverage trading is that you have to pay some interest, although small, to the lender because you basically borrow money from them and you always feel the heat of paying interest so you make rush trades a lot of time to make things happen and one thing everyone must avoid in leverage trading is rush because it can empty all your balance.
2412  Alternate cryptocurrencies / Altcoin Discussion / Re: Is DeFi really a threat to centralized finance? on: October 26, 2020, 04:15:37 PM
I support the second comment that says DeFi is a supplement to centralized finance. There are no threats, they are there as a support. I don't know how some people expect this to be, but I think it needs to be a balance between the two. I see crypto as other assets, but it's quite different because unlike the others, you can easily transact/send it to anyone because it's digital.

All these assets, crypto, silver, gold, they are all the same, anyone you prefer to hold is your choice. Fiat is the main currency and these ones can either have more value or less than it. That's why we are using fiat to judge the value of all other assets.
2413  Economy / Speculation / Re: Bitcoin over $10,000 for the past 66 days on: October 24, 2020, 07:28:22 PM
Let us not talk about the falling instead lets look for another hype lol.

$10k is indeed in good faith this couple of months but we need more because the situation now is subsiding from the Burn of Covid 19.
so basically purely Pumping is what we need and more off the Election of US is soon to come,surely another movement will near to come.

I'm surprised that the past movement took place long (relatively) before the elections. What caused this? I don't see any fundamental factors at the moment. I see that the hashrate of the bitcoin network is breaking records, but this cannot be the reason, usually it is a consequence of some positive changes.
This might be because of the market recovering slowly from the devastating corona virus situation that was caused for several months and even now it has not cleared but has really slowed down and everything is getting back to normal. Maybe if the virus spread did not happen we might be having 16-17k price right now but the price was suppressed as low as 4k and the hike that was due to be taken place was spent all in filling the hole caused in march.

What I am saying is that the price went to around 4k in March and to lift it up to where it is now was a huge challenge in itself and imagine if the price never dropped we would had a new All-Time high price already. So as the market is recovering we are moving strong towards the next year and financial sheets are getting better for everyone slowly.
2414  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbie thoughts about altcoin investments. on: October 24, 2020, 06:33:42 PM
There are lots of projects coming nowadays, legit and scam projects are always on the go. Too bad newbies got hype most of the time and they didn't tend to do depth research on the project they are investing in. So it's really advisable to warn the newbies about the dos and don'ts in investing in a new project.
Fake articles or I shall maybe call paid articles play a big role in convincing newbies and new investors into trap set by the scam projects because deep inside we all regret not investing when BTC was in it's early days and similar for a lot of altcoins so when we see and get hyped for a new coin we start to feel like we must not miss this chance and a lot of scammers do take advantage of this FOM and make sure to pay some marketing people and get the hype spread all around.

The best way for a newbie or even veteran is by looking how useful the product is being built because the price and the value of the token will be temporary without a solid product being build around.
2415  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: October 24, 2020, 03:26:26 PM
I've seen that some of the gambling sites that offers casino games before are now adding sports betting to their platform. As a fastest growing casino I hope soon I'll be able to see the Roobet offering a sports betting on their platform.
On the contrary I think that some platforms should be casino only because sports betting confuses a lot of things and there are already enough websites that offer sports betting options. I love playing games like crazy time (live game show)on roobet and sometimes at other websites too actually as the same game is being provided on multiple casinos. One request I would have to roobet is to add a small option to view the house edge on each slot because slots are addictive and knowing house edge actually helps deciding which one is better suited for longer plays.

Everything else is perfectly alright and I believe roobet is easily among top 3 casinos currently if we exclude sportsbooks. And some platforms are best with only casino and sports betting is not as popular among crypto gamblers either.
2416  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC PUMP, But Every other Coin Dumping!! on: October 24, 2020, 08:46:01 AM
For last 2days bitcoin is continuing it's uptrend run. It's close to 12000$ now. But why all the alts are going down? Especially the top alt coins which had a good price before the dump.
For example BnB was 31$ when btc was 11300$ and ETH was on 380$ when BTC was 11400+$ . Now BnB at 28.7$ and ETH at 370$. Any reason for the dump?
I don’t know where you’re checking your own prices from, as far as I know the prices of the coins you have mentioned are moving with Bitcoin. I checked these three coins you have mentioned here and they are all on the green and increasing: $12,954, $416, and $31 respectively, and they are all on the green right now, with Bitcoin hitting $13,200 as recent peak price levels.

the shit coin investors leaving for btc, simple as that
Not for the coins he has mentioned , the ones that the op mentioned here are good coins and their prices are not negative as the op has said. Binance coin is one of the best coins to invest in right now.
2417  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: DEX increase volumes, CEX reduce on: October 24, 2020, 07:12:54 AM
It seems that people are starting to realize that the decentralized exchanges are the best for them, so they don’t want to be making use of exchanges that are centralized anymore. Centralized exchanges might be good in some ways, but there are so many advantages to making use of the decentralized exchanges when you become well experienced.

The number one thing being that there is security as they are not relying on third parties, the control is all on the users, which is totally unlike the centralized exchanges. And when you start making use of decentralized exchanges you will notice that the speed for transactions is faster than CEX.
2418  Economy / Economics / Re: Why do people claim cryptocurrencies aren’t an asset? on: October 23, 2020, 10:59:50 PM
Those that said cryptocurrencies is not an asset are those countries that failed to legalized cryptocurrencies in their country because they have no idea on cryptocurrencies. Asset is anything that can give you income after the transaction.
In my country cryptocurrency is well legalized,many people is using cryptocurrencies as an asset for them to do business and  make a good profit from it.

I agree and in general I would argue that most of the people who don't own crypto currencies will say its not an asset. Because they either don't understand it or are afraid of it. All the people who actually own crypto currencies will argue that it's an asset. The legal framework in most countries is being set by fairly old politicians. Where the understanding of the crypto world is limited.
The understanding is limited and because bitcoins are being used in a lot of activities so often people get confused as a currency but it is just an advanced version of the barter system where you give the person something they need for something you need in return. Now because bitcoins can be sold and bought at any approved exchange a lot of confusion surrounds if Bitcoins are true assets or a currency. I believe Bitcoin can be classified as a unique asset that has the liquidity and structure to be used as a payment option as well.

Bitcoins is still new to a lot of investors and in some countries the awareness about crypto currency and how blockchain works is still very limited so often bitcoin is termed as a bubble but people often forget the power of decentralization and how well Bitcoin scales.
2419  Economy / Economics / Re: I tried money making apps! on: October 23, 2020, 09:28:45 PM
The apps i only recognized on the list are coinbase and nexo so i would judge it a legit apps but i don't think it will not give profitable as possible and based on my experienced it really requires time and effort to make real money on these money paying apps. Despite the slow earning on these apps, it's a good start also for newbies in crypto industry wherein i also started my crypto experienced on free money making apps, paid to click, faucets and now currently doing airdrop, bounties and little bit of trading.
From what I could understood all of the mentioned apps were mostly cashback so you are not going to earn money directly instead you are going to make cashback based on how much shopping you do through those apps. I cannot classify apps that are providing cashback as money making apps. Although there are some cool apps mentioned which I have never tried and there was some unique mentions like foap which I have never used but if I can earn by taking pictures it fulfills the passion and also earn money and sounds very innovative.

But to be honest all such apps pay a very small amount and it is not even worth recharging your mobile, if you are a big shopper then maybe some of the mentioned apps can be useful but otherwise I don't think the list is very good.
2420  Alternate cryptocurrencies / Altcoin Discussion / Re: Time that there will be no new altcoin projects anymore on: October 23, 2020, 06:54:11 PM
no I think smart contracts can't stop operating, I mean like ethereum's erc20 platform. every day we have seen that new projects are always popping up endlessly, although some of them turn into dead coins. New developers will never care about the project, they will continue to develop new coins and leave if the previous project doesn't go well.
Yeah, all these projects keep getting some investment from time to time so even the scam projects get an inspiration and the truth is that it costs literally a few hundred bucks to setup a scam project by making a website and copy various whitepapers and combine them into one. Most of the coins are dead because they don't get the required support and some never actually had the intention to build them and all they wanted was investor's money.

Imposible, there are no time no new altcoin project created. Everytime new altcoin project is created and now is not only from Ethereum Smart Contract. There are many other smart contract (Binance Smart Contract and Tron Smart Contract).
That's right and there are so many platforms now to create altcoins so they are not limited to making new tokens based on ETH blockchain. I wonder how all this is gonna stop because there are at least 100-200 new projects being made daily and imagine how many coins we are going to have in coming time, although good thing is scam tokens keep dying so the market get's cleared up eventually.
Pages: « 1 ... 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 [121] 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 ... 232 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!