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2441  Economy / Economics / Re: The money started coming back to the cryptocurrency market on: July 21, 2018, 07:36:41 AM
The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.


Happens every time. Lots of investors getting in and out every day, so the price supposed to be going up and down. I have much interest in Bitcoin and XRP and IOTA, just hoping that these three make it big and increase in both market cap and price rate. Bitcoin has been showing signs of increase. I thank God I invested last week when it was $6k, I now have a profit of about $1k on each BTC. Just that it continues from here and don’t go down.
2442  Economy / Trading Discussion / Re: What you should do when you lose most of money? on: July 20, 2018, 10:05:16 AM
i agree on grate post. thank you for explaining it simple terms.It took a long recovery period for me to able to admit to myself that this happened. Reflecting on the fact that I even let it happen still angers me, but I have to find a way to move on. I am lucky to have a very supportive family.
I know many people who sold cars and houses in 2017 to invest at the end of the year in Bitcoin. To date, their investments are bleeding very badly. But the most important thing is not to sell what you have, but to wait for a real and efficient price.
When you face with any difficult and hard situations then do not hesitate and do not take tension in the market of Bitcoin because you have hundred of easy ways to come back so do not feel sad after loss. Losing money reflects your lack of knowledge so the only solution to avoid mistakes and any other furious situations is to learn about the market of a specific source.
2443  Economy / Trading Discussion / Re: Trust you trading experience and don't panic on: July 20, 2018, 09:32:18 AM
In the title of the topic is very correct advice, because really now in the chat room there is too much panic in people who do not fully understand the ongoing processes, but their panic leads to panic for other, younger market participants, which creates a rather strong negative background for the market in whole. Improve your knowledge and improve your skills, it will be much more useful than trying to find a better scheme in the public domain. Your experience is your future.
Panic situations are irrelevant and it is out of mind if we enter our emotions here and make the market as an emotional place which will make an emotional movie theatre. Trading is a fine and smooth way to make profit and especially the modern trading with crypto coins is more profitable and easy to handle. Never get panic with market situations and just look for your benefit and not at once profit after each buying process.
2444  Economy / Speculation / Re: Did you buy bitcoin in December 2017? on: July 20, 2018, 07:59:39 AM
Thank God I did not. I actually managed to sell some, totally worth it.

I learned a lesson from that bull run: always take some profit periodically when it's going up. No matter how confident you are in the market. Remember that the run will stop at some point, don't make unrealistic hope like Bitcoin going above $100,000 from here. That's just too much hopium.
I did not buy the Bitcoin last year as that was my experiencing year to learn strategies and actions of market price and other factors which fluctuates due to some reasons. Now that was my learning time and now I am making myself for investment to find a specific time to buy a lot of Bitcoins on low price. Experts said that price will go higher than 30k dollar in next upcoming months so this is the time to invest for long term.
2445  Economy / Gambling discussion / Re: gambling in the crypto market on: July 19, 2018, 11:00:43 AM
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
I don't know why you have include the last part of dodging the law. I wouldn't say that get into crypto's because you can avoid paying taxes or avoid any law that you dislike, still be a law abiding citizen if there's no law in your country about crypto's. If your country disables gambling online and with the use of crypto's just follow your country's law but if there's no clear law about it and your country hasn't decided to impose ban or any regulation on it, do your fair judgment.
We are always praising bitcoin and other altcoins for so many reason but if your country has made it illegal then your contribution towards this thing is compromised. Then you must know this isn’t good for you. What if your government or any governmental instituting come to know about this act, they would caught you and make cases over you and put you in jail.
2446  Economy / Gambling discussion / Re: Shyness in gambling on: July 19, 2018, 10:23:43 AM
i think shyness in gambling is when you're a first timer and really don't have the idea of that gambling game you are betting plus there are many people in a group and you think they watch you as you bet.

Such shyness can be considered as nervous that we usually get on the new things that we do/meet. As soon as we can blend in with the community, such feeling will gradually disappear by itself. That happened to me on most occasions.

Some people are shy because they just wanted to hide from everyone they know, they don't want to disappoint others because everyone might think they are a good individual or a good example. A certain invidual might be shy about himself when he is playing gambling because he might have a huge debt and can't pay it.
When they consider this game such shameful that they can’t just play it before those who knew them already, then why to go in there. What is the need to make your money wasted on the thing that is shameful to you? Respect is all what a human being have and what if you’re this self-respect is on stake then why to play such disgraceful game. Don’t get near it dudes.
2447  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good time to buy ETH now? on: July 19, 2018, 09:50:33 AM
I think that it is absolutely possible to say that it's a good time now to do that, especially if you buy it with cash. Market is at the very low point now and in future ETHs price may grow greatly.
For the last week, the price of Gaza showed another maximum of more than $ 3. Of course, this is a very promising indicator for the etherium. I think that in the near future the etherium will take new positions among the crypto currency.
We cannot say and speculate exactly about further fall. We can also have a rise in the values instead. Having said that, I would not wait and will invest right away in ETH. Because this investment will have low cost that an investment made at high price, it will increase my profit margin when the market will be in full swing. The lower the cost of investment, the higher should be the scale of investment given future returns.
2448  Economy / Speculation / Re: Bitcoin at 20 000$ tomorrow? on: July 18, 2018, 08:24:02 AM
It will not be possible. bitcoin will return value 20k, but it takes time to restore confidence from investors. If it's a long-term investment, it's going to be easier, but with many investors seeing the bitcoin value as a whole, they are already hurt by the psychology and the big swings. wait and be patient ... bitcoin will be safe in the long run.
No way, which is why I laugh a lot at those who just feel they will wake up one morning and see bitcoin set at $20k. That is not done anywhere as no market works that way and most especially an established market with a huge volume. Just very few investors who are inexperienced from the start will be hurt by the downward movement of bitcoin as it is, as most smart ones will be taking the advantage of buying the dips anyway.

No doubt the value may go high very soon because the market factors when go in right direction then it will improve the value.
That might happen only in months not tomorrow itself. Bitcoin may hit $100k levels too in coming months but we need to bear what is happening right now with this market and cannot dream about those high levels to happen tomorrow itself.
I predict the value to be higher than 30k dollar value after 8 months and experts say that it will take at least 6 months to hit higher than 30k dollar so I am not an expert but having my own prediction about future value. However almost all the predictions have uncertainty in it and we do not come up with actual price when we reach to the actual future time then the value shows uncertainty with the predictive value.
2449  Economy / Speculation / Re: Bitcoin goes to $5,900.... on: July 18, 2018, 07:51:46 AM
Again Bitcoin going to $5,900. Now it is $6300 after falling from $6,700
Yeah friend, the current price is 6300 dollar for one Bitcoin and not 5900 dollar means that this thread is wrong or it is a prediction that the value would falls at 5900 dollar so this is fine then. Furthermore about the price predictions we can not say anything but I will explain what the expert opinion is right now which is pointing towards price more than 30k dollar in the next 7 months.
2450  Economy / Gambling discussion / Re: Share your dice strategy on: July 18, 2018, 07:21:55 AM
Hey guys!
i need some new strategies
my bank: 0.5
share yours  Grin

Hey man!
True  that 0.5 BTC is not small amount. I'll share you on of the best strategy for your bankroll.
Base bet 50satoshi
4.45X Payout,
85% onloss, and you should stop when you hit green and shange your side than start again.
Best of luck Cheesy Wink
There is no strategy in dice that will last, we are bound to loss because of the house edge, that is the reality, just don't waste your time finding
such strategy that never excess.
This is the actual problem. In this game or related all the games, you are nothing but a source of income for others. Those who involve you and attract you towards these games and let you win for short time and your greed start triggering in you. You start leaving for more and more and then they show the actual game where you are always a loser. You let someone else win from your loss.
2451  Economy / Gambling discussion / Re: What are some unique advantages of online gambling ? on: July 18, 2018, 06:52:13 AM
I will start with one to begin the discussion. If you are putting huge amounts at stake and want to keep identity private, online gamblign comes as a boon.
Online gambling still has a verification that you need to give your information because if not, maybe you will not going to get your price if you win in a game. I guess identity still a requirement online. The advantage of online gambling is just, you can play inside your house without going outside or casinos. You can also get some pieces of advice with your family if you want to hear their side when you bet in a game.
Not all of them as there are some that would not require so much from you to even sign up and that still makes the idea of anonymity intact for the online gambling space.

It depends on what you want and I do not see any reason why anyone would want to settle for a platform that insists on KYC verification all in the name of gambling, when there are other several reputable gambling sites without it. Ease, anonymity, getting paid without any banking stress is all the things that make online gambling advantageous.
There are no advantages of this online gambling. Even I am against this gambling as a whole. Either it is a sensible person who is talking about gambling or one who is just stupid enough to get ready to get in there. I advise all of you not to get near this harmful game. Else things can be gone in wrong directions. Your little disturbance from your path can lead you to a harmful path.
2452  Economy / Economics / Re: The value of bitcoin? on: July 14, 2018, 10:19:51 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.   

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
Not the price of everything is being determined by the amount of labor,  there are things that are being determined by the rate of demand for it and one of such things is Bitcoin. Bitcoin price is not determined by the amount of labor,  it is determined by the rate of demand and supply. When the demand for it gets high  you will start seeing the price going high too and the demand is low, the price goes low.
2453  Economy / Economics / Re: Bitcoin and Future of Economy! on: July 14, 2018, 09:49:56 AM
Now we can see some countries are regulating bitcoin and some government don't like it.Otherwise Bitcoin hasn't a stable price.
So my question is can bitcoin be a main currency of world economy?
What do you mean by being the currency for the world economy? Do you mean being the main currency for a particular country or being a currency that will be used by the world and bringing and end to other currencies? I am not getting your point here, but neither of these two that I mentioned will work. Bitcoin is as it is and will continue to be used for the purpose for which it was made.
2454  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market is GREEN - Do you trust it on: July 13, 2018, 10:54:46 AM
I think growth will be not such prompt as before. But the green tendency will remain after all. As falling can be rigid and dangerous.
The market is not yet green for many cryptos. We have had a drop in the values of the so many cryptos since long. The advent of July has been good so far for Bitcoin and I hope we will have some more rise in the market values as well which will actually activate the whole market and will carry it along. In my opinion, we will see a green market till the start of December if there were no enough exogenous factors to intervene.
2455  Economy / Trading Discussion / Re: What's your favorite exchange? on: July 13, 2018, 10:24:30 AM
Bittrex and Binance are all time favourite exchange because it is more comfortable to use in anywhere and security also improve this platform so we don't worried about in any situation. The main advantage is many consumer also understand the potential of these two exchanges so it will never failed in future.
In my favorite list the most rated and recommended exchanges are included with are on first positions. I love to have Binance and Coinbase with Bittrex because these three are users friendly and have a good impression on users. Exchanges with these names are better for all of us to use it for selling purposes as well which is the final stage of making profit so you try it too.
2456  Economy / Trading Discussion / Re: Has the Crypto currency market stabilized? on: July 13, 2018, 09:52:41 AM
Hello people,

Watched plenty of videos, read lots of articles on this and seems like most experts are in the opinion that the Crypto market has somewhat built stability in the current levels and has more upside potential as opposed to downside.

Is this true?
Stabilized? Not really. This kind of rotates every year. There are times when the price of every cryptocurrency becomes stable, and time comes when it will start rising or falling. So it’s always like going in a circle. Don’t be surprised when it starts to fluctuate again and that will before the end of this year, this is not the first time it has happened so many times.
2457  Economy / Economics / Re: War on cryptocurrency! on: July 12, 2018, 09:43:06 AM
Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
It’s not all governments, just those of them that believes that bitcoin can in one way or the other harm their economy,  so thru just believe that it is best for them to take action. Some of them didn’t ban ICO and Cryptocurrency straight out,  they just ban it temporary and then set up rules and regulations on how their citizens can make use of bitcoin and other cryptocurrencies including investments  on ICOs.
2458  Economy / Economics / Re: Economy going up and up everyday on: July 12, 2018, 08:31:03 AM
Cash is certainly necessary in the whole society, but as you say our money is always devaluating, it is believed that the encrypted currency will soon take over the model, and at least many people know that the money can be kept in the bitcoin.

Economy is not currency. Economy is part of the country growth. So if people will be growth country economy also growth. If need for the other country growth. First check the economy. It wil be give the country growth. So economy will growth in country. Business also improve and other country also invest and start the new business process. People growth is important of the economy growth. So bitcoin will be help to people future growth.

That is true and economy is the consumption of goods and services of all the people living on the different area. Work to achieve the needs and wants and a self growth too. The prgress of economy is the advantages for the countries excellent.
Financially we are going well day by day in the crypto market either using the Bitcoin or other crypto coins. We are making our financial situations better with these valuable coins and similarly countries are also doing the same on large scale with these coins and are making their economies better. In developed countries the Bitcoin is now a using everywhere and this made their economies progressive.
2459  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: July 12, 2018, 07:54:24 AM
Im not a gambling addict but i know some and it didnt make anything good to them. One person i know becomes addict on the game called cock fighting that is a popular gambling here in my country. He works abroad and comes back here once a year and yes, he has plenty of money to gamble with. He really likes to gamble.He even get prison on the country hes working for because of addiction. I dont have any news about him after that.
Truthfully, it has not, except if we want to lie to ourselves. Although, the whole addiction did not just start in a day as so many people just get so greedy at some point and then they just kept looking for things in the spot where they obviously cannot find it.

So many people though gamble for different reasons, but the best way is to see it as fun and see how much you are gambling with as what you are paying for the fun but the chances of winning something from it is possible. If most gamblers can think it that way, I feel things would be a lot better than it is today.
There are many gambling stories related to my neighbors and friends. Recently one of my friends was gambling in a place and the police raid that place and arrest some gamblers on the spot and some ran away. They are now wanted and the police issued a warrant against them. I was thinking that this is the result of gambling. Loss of money and respect as well.  

In countries where gambling isn’t legalized, these people are making double mistakes then. They are playing this game for running their lives, first. And secondly, they are doing a crime and they must hang for it and sentenced to jail. So that this can become a lesson for all others who are even thinking of playing this game illegally. This all is driven by the greed factor to earn money.
2460  Economy / Gambling discussion / Re: What is your Dice gambling strategy? on: July 12, 2018, 07:25:08 AM
My biggest strategy is restricting my losses I will only gamble an amount that I am willing to lose.
I'm more of a martingale dice gambler. Some times it pays off.
Some times it pays off for you but majority says that it isn't working anymore. I like the strategy of restricting your losses as it will be the best method when playing dice. But the question is even you are willing to lose with the certain amount that you will set if you let your guard down, you're done.
Frankly tell no strategies will work in Dice games just for our entertainment we can make some strategies those plans will work sometime but don't think it's a working strategy just because of our luck we will win that's it. So I don't follow others plans and invest only how much I can afford.
If you are looking for some money in this game or even in gambling, then brother you are on have mistake. You have done wrong research and this can lead you to big losses. So better is to turn over it and don’t sue it even as entertainment purposes. Because maximum times, people get addicted even from using it as fun or entertainment purposes. Leave it for your good.
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