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2521  Economy / Gambling discussion / Re: FIBA Basketball World Cup 2019 on: August 25, 2019, 04:45:06 PM
USA does dominate but this year has been talked a lot like they are not bringing their big guns which could be the reason why people think maybe this year is the year they finally lose. Hell they already lost one game so far, they haven't lost in the past decade or so I think before this, I know national teams do not play that much but Coach K coached 78 games and won all of them whereas right now they already lost to Australia in an exhibition game.

So, considering they are not at their 100% power we may actually see an upset but even that is a big IF because this is USA national team we are talking about, even at their worst roster they are miles better than anyone else, this just looks bad compared to all-star team they had in the previous 10-15 years.
2522  Economy / Gambling discussion / Re: Beauty Contest Gambling on: August 25, 2019, 04:02:41 PM
These are completely off for the common people I guess but I had seen many unregulated way of betting on the contenst like these from my locales not on any website and in cryptos but these results were highly manipulated by the ego of biggest companies since we never know how the contests are picked as winner since there is no measure for the beauties externally.
I think common sense will even let us know that this kid of gambling is expected to be manipulated. Beauty contest on its own is always a place of manipulation, where  there are no major criteria to choosing a winners except by connection how much more the gambling. That will definitely be the headquarter of untruthfulness.

Well, I have never seen a gambling place for beauty contest, not even online or offline, I was a bit amazed to have known about this but then I would still not partake if I see one. It even better when it is done in an offline casino house. I really do not understand how the winner would be picked.
2523  Economy / Gambling discussion / Re: I've lost on: August 25, 2019, 03:29:40 PM
If they think that they can fast money from gambling, then that will be a big mistake, and I hope that he will realize that soon. We cannot depend on gambling to make money because gambling was not a way to make money, although some people can do that. Still, we need to know that gambling is a way to entertain, and if we still use gambling as a source to make money, then get prepared for big losses.
I understand perfectly well that you have a point, trying to make a very quick money from gambling is a mistake many gamblers keep on making that they do not realize, but in my personal opinion, this is not the right time or place to say this. Someone is deeply hurt and needs a lot of consolation, let’s agree he has made a mistake which no one is above, but I don’t think it is right to start putting blames or pointing accusing fingers. The best we can do for him now is to encourage him. I am very convinced that the OP would never repeat the mistake again and I believe so many other forum members have also learnt from his mistake.
2524  Economy / Gambling discussion / Re: I don't know how to trust a gambling site nowadays! on: August 25, 2019, 10:59:00 AM
You are a long time member of the forum, if you will just do some research, you will easily find a good site to trust.
All the announcement can be seen in the gambling section and you can also read feed back as well, it only needs a little of your time to know because if you are a gambler, you will surely find ways to ensure you will not be scammed.
Exactly what I think. Even newbies now know how to identify genuine sites. There are a lot of them on the forum and it’s always good to check for them but that bonus is always the bone of contention. Most players know very well that familiar sites are safer to play on but the greed for more is what keeps dragging them to new unknown site and once they lose, they are back to the site to complain and then they generalize all casino sites to be fraudulent not admitting their wrong choices or let me say how greed led them astray.

I also know of very good trustworthy sites that do not ask for KYC on this forum, so that shouldn’t even be a challenge at all.
2525  Bitcoin / Bitcoin Discussion / Re: Will "satoshi" ever login again? on: August 23, 2019, 06:02:58 PM
Everything about satoshi is still kept secretly till date and we may never really know if he has truly lost his private key or not according to the claims that people are making, which I have never really heard of except based on the claim that one of these impersonators made claiming to be satoshi and writing some full story of his live that he has cooked up from months which really never mix up.

I am sure that one day, satoshi will still be able to log in when he is ready to show himself to the world, those who are impersonating him are only giving him more respect and keeping people in suspense, everyone is eager to know who satoshi is till date even the government himself, and the time he comes out, he will b a super start that everyone wants to see, so I believe this is why he wants to still remain silence with his access to his coin and to any platform he has control over before including this forum.
2526  Bitcoin / Bitcoin Discussion / Re: Can a Bank Run Financial Activies on Blockchain Without Crypto Currency ? on: August 23, 2019, 05:23:00 PM
We  all on blockchain is the future and  every all institutions  and every country  is adopting Blockchain ! Today  i wan to  ask if Can a Banking Sector  can run transactions on blockchain without creating their own Crypto Currency? ..
Of course they can, blockchain technology is a package on its own, and it’s much more than just cryptocurrency, cryptocurrency is a product of blockchain, and we have many products that can come out of blockchain technology.

One thing that blockchain can do is to bring about full decentralization of a system, it creates transparency and even our government can use it during electoral processes if they really want to have a transparent election, then it can be used for data security an many more things that blockchain covers which is even beyond my own knowledge, so cryptocurrency is just the currency part of it that Satoshi Nakamoto decided to develop on, so we have much more than that and when you ask blockchain developers, they will really explain it better to you.
2527  Bitcoin / Bitcoin Discussion / Re: Is this how we regulate Bitcoin? on: August 23, 2019, 03:23:38 PM
Since government has refused to come up with a regulation for the crypto currency industry and probably they are deliberately trying to make the system rot because of scammers so that people can gradually get tired of it and loose interest, we have to find a way to make our own regulation.

Everything this guy said really makes a whole lots of sense, but that is if we will get compliance, because when it comes to smart contract, different people are all running their own smart contract now, and not many of them are willing to do their own due diligence like Binance is doing because they claim it is a decentralized system which is why Ethereum may continue to go down if we are not careful, so charity begins at home, let Ethereum starts it first, then others can follow.
2528  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto is by no Means a Japanese on: August 23, 2019, 10:55:03 AM
Is there anyone that has real information satoshi? Even the claims that you are making here is just based on assumption and based on what you believe, you have never met satoshi or any of his relatives for you to really confirm that he is not Japanese. whatever it is that Wikipedia recorded must have been based on some findings if they claim that satoshi is a Japanese, then let’s leave it for those that will believe it, whoever does not believe should leave it then based on his own personal believe, I know that a time will come that the real identity of satoshi will be revealed.

I know that he is not dead as people believe; he is fully alive and once the system is completely adopted, he will surely reveal himself to each and every one of us, there is so many other things to be concerned about other than this argument.
2529  Economy / Speculation / Re: Bitcoin Dominance rising again. What is happening? on: August 23, 2019, 08:51:47 AM
It has seen over 70% recently and that is a lot, its down couple notches because price went down a bit but its still at %68 and that is a whole lot. Do you guys think that will go down because bitcoin price will go down or do you think altcoins will increase?

Both would drop the dominance a lot and I am not sure which one will happen first. I think altcoins increasing seems like not gonna happen anytime soon because for that to happen we need to have a super hype of crypto and that is really not happening for the past 1 year now, they are all falling and falling like crazy and there is no super hype going around neither so we are stuck with the option of bitcoin falling and that is not really nice for our portfolio neither. I hope altcoins going up one will happen but I am afraid other one looks more possible right now.
2530  Economy / Speculation / Re: How do you see cryptocurrency 10 years from now? on: August 23, 2019, 07:53:04 AM
Just like any technology with good prospects,  i see cryptocurrency creating disruptions in all major industries, sectors and systems,  it will be the new wave of the moment with massive adoption from the global world
All I see cryptocurrency creating is a better system for those industries and everyone that applies it to their system, cryptocurrency is not meant to disrupt any system, and this is usually why government are always trying to work against it because they feel that it will disrupt the system of their economy, but as planned and created, bitcoin is only meant to help fix the things that are quite not right in any system that it can fix.

In that 10 years time, I see government would have fully understood cryptocurrency and I can see already they are accepting it when we look at the way that the United states is now trying to regulate everything from exchanges to different platform, they are starting from exchanges first, within that space of 10 years, there would have been a great development.
2531  Economy / Speculation / Re: Is Now the Perfect Time to Buy Bitcoin? on: August 23, 2019, 07:04:28 AM
I got the opinion that you can make money on the growth of bitcoins after launching of one event. I think that the launch of Bitcoin Futures from Bakkt will have a boost for Bitcoin, and maybe it makes sense to buy Bitcoin in September
Not every event that you see will have any effect on the market of cryptocurrency, so don’t expect that news like this must have impact because I still don’t see much of relationship between them, any news that I know will have any effect are such news that usually do make people buy more bitcoin, I mean projects that will cause people to demand for bitcoin, which I don’t see this bakkt project  doing that, but without the bakkt project, there are so many development that is going to happen in future which will cause the price of bitcoin to increase more, and so now could still be the best time for anyone to buy bitcoin, and wait for it to grow in future, I think this price might even be the lowest it will fall back to after the bear market.
2532  Economy / Economics / Re: Advice on how best to protect your capital on: August 23, 2019, 04:31:02 AM
Let's not forget that people should as well be very careful with their wallet,cause the wallet you make use of is another very important. There are wallets that are not safe to make use of these days and making use of them puts you at risk of losing everything.

Your private wallet is where your money rest after traveling the blockchain, exchanges and all that ,at the end it's all about your private wallet and that's where you also store the larger amount you have and you wouldn't like to risk hackers having access to that as well. So, anyone that is making use of digital assets should be very sure that their wallet is really good. There are good wallets like Exodus that puts you in control of your wealth. All you have to do is make sure to be backing up your digital assets and also keeping your keys at a safe place where someone won't have access to it.

And of course you do have good points here. These are things that you will have to bother about when you start investing in projects and like you have said , we all should not be quick to trust any project we see. It is best to be careful about it and do research before deciding whether we should join them or not. Most of the projects you will see these days are just pure scam.

Basically, don't be quick to give them your money if you're not 100% about what you're investing in.
2533  Economy / Trading Discussion / Re: Whales Every time change the market?? on: August 22, 2019, 07:45:01 PM
Whales control the market but is not all the time that they do that . They are like coming once in a while and when they invest and pump the market then they leave. Any other fluctuation of the market price is caused by the people's rate of demand and not the whales, there are times when the market demand is lower than the supply and there are also times that the market demand is high, that's the time you will see the market price increasing heavily.

You're bit right about what you have said though, because the market price of Bitcoin is quite unpredictable. But you still have to learn how to do a market analysis, it can be very helpful at times. There are times you will be able to get close prediction of something that is about to happen.

So you still need to learn it. And it's not just that, you also need to be reading the news at all times and being current. And whenever you come across some important news you need to do proper research to know whether they are saying the truth or not. There are some news that are able to cause a panic and there are also some news that can cause people to start buying and when they start buying the market starts to increase.

You should also follow analysis online, most of them are really helpful, especially those that are coming from experts.
2534  Economy / Gambling discussion / Re: Did you ever won a huge amount on gambling? on: August 22, 2019, 07:08:17 PM
My biggest win was at Bitstarz Casino 3 or 4 years ago.
I deposited 0.2 BTC and won 11BTC.
The BTC price at this time was arround 450$.
I played in the following weeks and months at the same casino and lost all of my winnings. Roll Eyes
I was super excited to read about the amount won until I got to the last line where you mentioned that you lost it again. OMG, that must have really hurt and I can imagine the pain of knowing you once made huge money and then lost it back to the gambling. I think this is where I have issues with all gamblers. How can you be lucky to win big and rather than quitting immediately to get something better to investing in, you decided to try again and ended up losing it all. You are so courageous and brave to be able to overcome this and still strong enough to share your story. I admire the strength in you and hope you are lucky again to win much bigger.

I have never won something big and the highest I ever one was $800 alone  Sad.
2535  Economy / Gambling discussion / Re: The secret of gambling? on: August 22, 2019, 04:35:46 PM
This secret of gambling is "patient" and never gamble with what you can not afford to loose. Anything else is just a theory
Its not a secret its just a life saving strategy for any one who like to gamble,especially when they think they can lead their remaining life with the rewards from gambling alone.

Of course, there are many people who are still relying only on the rewards earned by through gambling. One thing i am not clear, whether they are making profit continuously through gambling, most of the people will lose their money through gambling.
We all want to have the secret/strategy even though we know it would be very hard to get lol. I just hope all gamblers will come into realization of the purpose of gambling someday and then the rate of frustration in gambling will be limited.

In as much as we want money from gambling and also believe it’s possible  to win by strategy, it’s important to face reality. It will be impossible to have a secret and even though such secret comes up, it won’t last long because it can wreck the gambling sites. They make money from our loses, and just imagine all gamblers winning, it means the end of casinos and that will affect even players at the end.
2536  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Airdrop millionaires ( Your success stories ) on: August 22, 2019, 04:08:17 PM
In 2017 before the bullish market run, airdrops use to pay handsome rewards to participants. I remember, one airdrop called ZCash gold rewarded me $1K whereas Lympo gave me $500. Of late, airdrops do not pay this much but rather give out gas fees which may range from $1 to $20 on the average.
Amount that airdrops gives now can really be very annoying, people might not feel it as much as we that has really tested what airdrops was like in 2017, one of my airdrop then paid me $1200 and then when the bull run of altcoins started, it multiplied by x7 and that was where my stupidity started to have believe that was how the coin will continue to grow, until I was first introduced to the first bear of my life that took away virtually all my investment.

Airdrops now are so shitty that it really does not worth my time. If they were still paying often, we could still be joining as much as we can since airdrops are not really that stressful, but you could take like 10 airdrops now, and not get more than one that will pay you that little money and expect you to do something with it.
2537  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason why only few projects became successful on: August 22, 2019, 03:31:22 PM
Many projects that are coming into crypto worlds are been built by teams that have no experience about crypto at all and this is why many projects that appeared to have good ideas failed in the end because they lacked the knowledge to move forward. Most of these projects too are also bringing what already exist in the crypto world instead of bringing something new and these are the reasons why only few projects with dynamics are becoming successful.


I agree that behind a successful project there must be an experienced developer team. New projects that emerge sometimes do not have an advisor or an experienced team in the cryptocurrency world so they cannot handle the complexity that occurs on the blockchain.
Those team might actually be good in the area of the business they are proposing, but many of them lack the blockchain application idea, and you see them hiring blockchain developer that does everything, and once the developer is done, he leave them to their fate, but because of lack of their understanding like the op said, they tend to have a bad management off it.

Before anyone can really think of applying this new technology first, they ought to have thoroughly learn about the blockchain and probably even take a course in it first before thinking of coming up with a system that will be a product of blockchain technology.  I believe the newer projects would be learning now and be correcting the mistakes that made the older ones failed woefully.
2538  Alternate cryptocurrencies / Altcoin Discussion / Re: investing does not have to wait long on: August 22, 2019, 08:53:20 AM
During this period, I generally invest very little in cryptocurrency. It happens in ethereum or tokens I liked. Bitcoin, of course, will still grow in price, but I'm not quite sure about it for the long term. He has now risen very much in capitalization, all in anticipation of his growth. However, he is now able to present another surprise. Although ethereum has now fallen sharply, it seems to me that it would be better to invest in this coin. I hope for the promised improvements in it next year.
Their level of growth in capitalization is still every little compared to where their market cap is heading to, you see gold market cap, they will still pass that in future, these coins you mentioned are the most reliable coin, especially bitcoin, and in future, bitcoin will be more of a digital gold and you will be happy to have made the decision to invest in the coin.

Ethereum on the other hand is still a bit shaky to me, even though it is still the most potential coin for now in the market but I feel they are making some mistakes as regards their blockchain, and if care is not take and they do something about it, they might become less popular, most especially now that Facebook too wants to release their own blockchain service like their also, that would be a very strict competition.
2539  Economy / Speculation / Re: $3B Ponzi Scheme is Dumping BTC by the Hundreds on: August 22, 2019, 07:49:02 AM
it is funny that nobody does a simple calculation to realize how fake these numbers that have been spreading by the news sites are.
here is what they are basically saying: "$3 billion dollar worth of bitcoin was sold and price only went down about 5% and came back up in less than 12 hours". so either bitcoin market grew ridiculously big overnight and we missed it that it could absorb this many coins sold without moving at all or the number was a big lie!
This news is seriously spreading like fire and I even read somewhere where it was categorically stated in there that the amount has been moved completely out of the system, and here we are, I did not see the effect of that massive dumping, even though it was claimed that they were moving it bit by bit.

It is confusing tough because when you see the rate bitcoin dumps sometimes, you will agree that someone somewhere is purposely manipulating the market with big amount of money, look at yesterday or so, the market suddenly plunge from $10600 to $10200 within a second, and how will there be a coordinated dumping if not because it was being dumped at once. The reason why I don’t want to completely believe the news is that there were claims that it has the involvement of china.
2540  Economy / Speculation / Re: Bitcoin faces more decreases on: August 22, 2019, 07:16:58 AM
Bitcoin Dips Below $11,000: Analysts Forecast 30% Drop to CME Futures Gap. I think bitcoin might suffers more decreases before the end of the year and making the 20,000$ year end price not realistic.
 

 How can you sure about the price? Do you have basis? The price of bitcoin is currently steady at $10k. We can see it is slowly gaining strength since it broke the resistance at $10500, there is a sign of bullish trends in the coming days or weeks but it doesn't mean we will not experience some bearish times.
Does anyone have basis for speculation? Technical analysis does not even work here for them to claim they are making their statement based on analysis, they just make some exaggeration and then spill it out to the public as they resin it within them which we should be careful the way we speculate because whatever we say to the world is what some people hold on to.

There is need to fully understand that this is not Forex trading where they have very little volatility that gives them the room to be able to predict using TA, in crypto,the volatility is just too much that we might think this is how it will happen and then someone influential could just wake up the next day to influence the market and then change the whole game entirely, so speculating blindly is not really working or worth it.
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