Bitcoin Forum
August 06, 2024, 08:49:20 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 ... 203 »
2581  Economy / Gambling discussion / Re: Gambling habits that will cost you on: August 18, 2019, 07:49:10 AM
This practice of setting limit is really very nice but I bet it’s not for everyone because at times the money that some players set as limit just the same as running a normal daily bet without limit and at the end it all runs down to zero.

I feel the best is just to be a disciplined player. Limit or no limit, you would always know when to stop a game if you find out the game is not favorable. This has been my method, I never set limit for my games, I didn’t find the act of setting limit cool after I tried it onetime and I exhausted my stakes the very moment my game was just to begin and it didn’t make me happy at all. It’s just better to play your games and control yourself than depending on a set limit…
I do not understand your definition of discipline in this context bro. If you have admitted that setting limit is a great strategy, then definitely I believe everyone could learn regardless how difficult it might seem. This is discipline for me. There are a lot of things I didn’t find cool with gambling when I first started but I realized they were helpful and I was left with no choice than to learn and today, I am glad I did. I believe anyone can achieve whatever they set their hearts at and being disciplined involved doing things you believe was impossible.

In my opinion I would say that having a set limit in gambling is a good habit that cannot be over emphasized and I believe it is for everyone one, there should be no excuses why anyone should be exempted from this if they must succeed in the industry.
2582  Economy / Gambling discussion / Re: Is parlay an effective betting strategy? on: August 18, 2019, 07:14:50 AM
I also think that gambling is good if you treat it for full entertainment only and just forget if you loss and not take it seriously where it will make you come up with an experiment just for the hope of making money because that's too costly since this involves money, and the more you gamble, the more money you need to be able to do it.

at what games you play to feel that gambling can make you entertain ?  card games maybe  ?  because i dont feel to be entertain when i play repetitive games but im only playing them if want to try my luck and to possibly earn some profits   .   if i want to relax and enjoy i only play card game locally with our neighbors  but this still include real money as bets .  when it comes to strategy  ,  i still include it on my games no matter if its for enjoyment or for a seriuos game .
It is very obvious that you are into gambling for money, so regardless the game type I believe you would never be entertained. My realization about gambling is, you must define your intentions before playing, if it’s for money, stay focused and don’t even think of catching fun because you would realize that it never comes. Same as entertainment, those who have a mindset of gambling for fun, always find it very hard to make profit. So, it is important to have a defined purpose. For me, I enjoy games that are familiar and I keep on repeating to be better, this way I do not really need a strategy but experience.
2583  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Not a must to promote every bounty projects on: August 17, 2019, 01:04:29 PM
How'd you know that there are good bounties that do pop out every month? I highly believe that no one would ever know on when those projects will pop-out.
They might come out every other day,week,month, years. No one knows, the only thing here is that you do know how to investigate those projects on clear manner.
Majority are way to lazy on doing their homework that's why they do end up on supporting fraud projects.
No matter the length you could go in researching, good projects does not often come out as you see, when you see rush of icos, they are basically scam projects because it is scam projects that want to quickly enter the market to make money and the exit as quick as possible, some projects even takes months to market survey first and then do their visibility study before they can know that the project they are proposing is right for them and is right for the community.

Don’t get me wrong that I am against people researching, we have to make research but we must have it in mind that we will get mostly bad projects and we could get like one out of ten through our research, at least it would while a way our time a bit while we are waiting for our long term investment to add some profits.
2584  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: IS there any ICO rating websites we can trust. on: August 17, 2019, 12:15:59 PM
Don't trust the ICO ranking entirely. Because they are not the one who determines whether a project is good or not. It is only limited to numbers and benchmarks, the rest is in your hands and you also determine that the project is good with your own analysis.
I do not see any point in relying in them, anyone you should know that those sites are set up to make money and not a free site as they claim, for you to get rated, you have to pay for it secretly which they will never announce, and some of these fees paid are what they use to buy reviews by paying people.

Sometime when I check on those sites, the reason why I just go there is to pick some of the top rated coins according to them, and then go do extra research for me to determine if those projects are really worth it or not, at least, it would be unfair for me to completely condemn those project because they paid for them to be listed, it is still part of their promotions and they have to do everything possible to attract investors to them, so I don’t condemn them but investigate them the more.
2585  Alternate cryptocurrencies / Altcoin Discussion / Re: What if Ethereum replaces Bitcoin someday? on: August 17, 2019, 08:47:13 AM
Please don’t just start with your own funny thinking now, how is it possible for Ethereum to top bitcoin with his dwindling valueevery day, and with all the project launching that Ethereum has given birth to, what has it given birth tosimply lots of scam projects that are affecting the cryptocurrency world today.

One of the reason why the market is nit growing as it ought to have been is because of scammers that has hijacked the ico market and you can see as it has affected virtually all the product of Ethereum that they are almost going off the market, majority of them are heading to zero already, so tell what record of success that Ethereum has had that would make it be more recognized than bitcoin, it is not only Ethereum that run chain services there are other ones that could do more than what you listed here.
2586  Economy / Speculation / Re: Calm down. on: August 17, 2019, 08:15:20 AM
I think the breaking point is how high it goes but more important part is how fast it goes there.

For example, if the price hits 13k and stays there even for a day than of course there will be a correction, however if price moves to 13k in 24 hours (for example lets say tomorrow) and than it goes to 15k next day than 17k the day after that, suddenly we are in a such bull run that nobody wants to sell and everyone wants to wait and see how high it goes and suddenly cashing out becomes not so important or loved.

Hence, I think how high it goes is of course important but how fast it goes there plays a bigger role in peoples mindset about when to buy or when to sell, we should try to wait around and gain more and more usdt first and when we have enough we should all attack at the same time.
2587  Economy / Speculation / Re: Bitcoin to make Hard move up or Break down Hard on: August 16, 2019, 07:43:37 PM
I feel like a hard move up is more possible than break down hard because we have seen the lower prices constantly in the past year and people are done with that, 10 thousand dollars is the level where we bottomed out (maybe a bit lower too but doesn't really matter that much) and as long as it continues to be around this place there is more money gathering right now, the more money people gather right now means there is more chances of going up with all of them purchasing bitcoin around at the same time.

That is what really changes the bitcoin price, sometimes people happen to sell at the same time by luck and that makes it fall, sometimes they happen to buy at the same time and that makes it go high, the sale already happened and the price went as low as 10 thousand from 14, I think its buyers turn this time around.
2588  Economy / Economics / Re: thoughts on companies becoming too powerful? on: August 16, 2019, 05:34:17 PM
I think it depends on how big you get but also what you provide as well. Like for example apple is producing phones and laptops but that helps competition, look at Samsung for now and they are improving as well however its not enough, all other phone companies can't even reach to those levels without getting a huge sums of money to put into R&D help from government or some private investor.

Yet, look at teals and SpaceX, they have actually improved the world a whole lot, they are almost like a monopoly when it comes to electric cars, all other old car companies are trying their best but they never really put something as good as Tesla, plus look at SpaceX dudes literally managed to build rockets that can be reused and made it super cheap for space travel thanks to government loans. So as long as its helpful to humanity its good but if its creating unnecessary competition than its useless.
2589  Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance on: August 16, 2019, 04:54:31 PM
I was thinking about this and totally forgot this topic, since I was talking about it to my friends who didn't cared about it, I may as well write here. If bitcoin can be used properly like a national currency you are basically leveraging yourself against the world and that would usually involve a lot of risks because you are a whole nation instead of a person and dropping from 20k to 3k would have killed an economy if it was nation wide but considering nations like Venezuela is not doing good at all there is really no point not taking that risk.

If price goes up you are using bitcoin that is higher in value than dollar but if it goes down you are already a screwed up country anyway how worse can it get. That is why I feel like maybe Venezuela could use bitcoin (not petro, not eth, just btc) as their national currency and can get away with it.
2590  Economy / Economics / Re: Can Libra Disrupt The Financial/Economic System? on: August 16, 2019, 04:09:10 PM
Regarding privacy, Facebook's reputation has been severely disrupted since the emergence of the Cambridge Analytica scandal, which caused the personal data of millions of Facebook users to leak. therefore, Libra is feared to be a tool for Facebook to peek at users' financial data. each user must feel disturbed if their privacy is known to many people. such as the amount of assets, names, transactions etc.
Facebook is really not going to be that much of importance to people, they are not government to impose their coin on people, so they can only do some market by employing some technocrats that will market the coin to the world, and it is now left for people, to see if there is any benefit in it that they can gain, I mean not in terms of services, but in terms of monetary benefits.

Other than that, Facebook is just going to be a copycat of some of the coins that we have in the market, the only reason why I just want Facebook to be released is because I am sure that many will get to know about crypto generally through the launch of the Facebook coin because there is no way they can make intro without pointing at the kings of crypto, bitcoin and Ethereum.
2591  Economy / Economics / Re: Can a Stock Market Crash affect Bitcoin? on: August 16, 2019, 03:31:33 PM
The stock market has not even crashed, many investors has started turning to cryptocurrency investment already, especially that of bitcoin investment and you see that stick market generally has been declining for a while now which bitcoin has even taken over, so if it crashes, they would just completely abandon the market and simply turn to the mist profitable one right now which is cryptocurrency trade.

Cryptocurrency market trade still benefits any investor more than stock market, whatever amount that is invested in stock market, if you give same to bitcoin market and then time both of them, you will see that the one for bitcoin would yield result faster than that of stock market, and I really see this happening in the near future, crypto market may even be the one that will quickly crashes the stock market when everyone turns to crypto.
2592  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin/Cryptocurrency user friendly? on: August 16, 2019, 01:21:11 PM
Cryptocurrency — be your own bank. Most people are not yet ready for it. Mnemonics, private keys and now dpos systems such as eos which is even more complicated to understand, in terms of keys.

This needs to be bit simpler.
That is why cryptocurrency is an alternative to the traditional bank, if we have people that do not understand it or think it is quite complicated, and then they can just stick with the use of their traditional banks, while those who would understand it can continue to make use of it.

I would not even want it to be so easy for everyone right now, because it would quickly shift the attention of people to crypto, and then make them drop traditional banks suddenly which will still not be good because it would make the government system suddenly become irrelevant, but we need to gradually grow in it till government finds a way out to regulate, then we can talk of simplifying its technology, the system is still this complicated, hacker are hacking into it, not to talk of when it is simpler.
2593  Bitcoin / Bitcoin Discussion / Re: All Hail King Bitcoin: Why BTC Remains #1 on: August 16, 2019, 12:50:59 PM
Bitcoin is not very different from Litecoin. Wait... that is not the right order. "Litecoin is not very different from Bitcoin" sounds better. Bitcoin was invented in 2008 and was first mined in 2009. Litecoin came in to existence three years after that, and there is hardly any difference between these two coins as far as the logic and usage is concerned. But the most important fact to remember here is that Bitcoin was an original innovation, while Litecoin is a copycat. Now tell me why anyone should invest in a copycat while discarding the original?
Which of the halving spike, are you talking about this recently concluded halving or the previous one before this, because I did not see any spike in the price of Litecoin on this recently concluded one, the only tiny surge that I saw was as a result of the increase in price of bitcoin too during that time, which I would call a coincidence, so Litecoin for me never responded to the halving.

I think you are right, people are beginning to reason well too that why would they invest in a copycat of a program when the original one as we know will always be better than the clone, and aside this, altcoins are losing it generally now as many investor would rather have majority of their investment in bitcoin and share little with altcoins, so I don’t see bitcoin dominance becoming over for now.
2594  Economy / Trading Discussion / Re: If you have 2000$ USD. Where you invest? on: August 16, 2019, 12:09:57 PM
I do not know about silver, I don’t know how reliable and profitable its investment could be, but I think the other three you mentioned is quite good. But if I am to redistribute its percentage, I think you should make it like 30% in bitcoin, 20% in gold, 10% in altcoins, and then the remaining 40 should be put into a physical business.

All you have here are digital assets investment and I think there is a need to also make a diversification into a physical business, maybe any small retail business that could still be generating more money for you to keep using to top up your investment because you know that even with these digital assets that you have, the more you have in it is the more that you will get at the end of your goal, so the business would be the one to bring more of this funding.
2595  Bitcoin / Bitcoin Discussion / Re: Has Argentina proven BTC to be a store of value class asset? on: August 16, 2019, 08:33:19 AM
Quote
The example of Argentina seems to confirm that in the case of a global crisis Bitcoin:

although i do believe that in case of a global financial crisis bitcoin can shoot up but i still think we can not make the conclusion based on this small case. things are still unpredictable. we may even see no change in bitcoin whatsoever since so far bitcoin has never been taking that much effect from any other market and has always been moving on its own.
This particular case of Argentina may be a small case to you, but those small cases are what eventually blow to have massive effect on the market of bitcoin, you may have only heard of Argentina right now because someone deemed fit to publish the news, what of other countries that its presently experiencing same but not having it published it.

I have heard of some similar cases too from some countries and how they are all turning to bitcoin as store of value, so it is possible that bitcoin prices starts to gradually shoot up as these type of factors keep coming, the reason why you feel some that has happened are not having effect on the price is because they don’t come together at once, they have each of their different times which makes their effect slow to see.
2596  Bitcoin / Bitcoin Discussion / Re: Coindesk & Cointelegraph give Fake News on: August 16, 2019, 07:33:26 AM
Most media companies are all guilty of this, and some of them are doing this in the name of market is all about speculation, and they juts publish whatever news that they see without strictly verifying it first, it is very important that we personally do not completely rely on one source of news, and we need to be very slow in acting, we should take our time to analyze the news thoroughly and then compare it also before we act on it.

The two companies that you mentioned are still one of the best news provider, the best in the sense that they are still the most popular ones, because are ones that I have seen around too will strictly be doing same if these ones can be doing that too, anyway, just like we do research on ICO, maybe they just want to stress us to start doing so much research on a particular publication first.
2597  Alternate cryptocurrencies / Altcoin Discussion / Re: How to prepare for long term HODL on: August 16, 2019, 07:00:04 AM
There is nothing else to add to those cause you already made a really good point about this. Even for someone that is trading on a short term, I believe they need to have another source of income as well cause the people I see here always makes it seem like one can be into cryptocurrency trading or investment without having any other side job, that’s funny.

You know that cryptocurrency, whether you’re trading it or just HODL, there are risks that are involved and you can lose your money, then what makes you think that you shouldn’t have another income? Unless you have the powers to predict the future of cryptocurrency, which I’m very sure that none of you here has it. So, I like the first point you made, anyone who is investing and trading cryptocurrency should always make sure they have a side income.
2598  Alternate cryptocurrencies / Altcoin Discussion / Re: Betting : A big problem to crypto? on: August 16, 2019, 06:39:26 AM
I once came across an article where it was stated that over 60 percent of most crypto transaction were used for betting. I don't see anything wrong with that. But don't you think it portrays crypto in a bad way?
For those saying that developers needs more time to create useful applications, what else do you want them to create?
Another means for people to spend money or what? Cryptocurrency is used mainly for gambling and that’s how it’s meant to be since it’s not some real money, it’s just a means of transaction that keeps people anonymous and that’s something that gamblers likes a lot, so they will always jump on it and use it for most if their transactions.

There are already lots of gambling sites popping up every single month and claiming to crypto online casinos, and there are also lots of people making use of these sites to gamble and as usual, there are lots of them that are losing their money every seconds, because the house will always have a better edge over the players, which means that the players has less chance of winning. Even those of them that claims to use strategy, that thing never works based on my research. They are just relying on luck and they think strategies are helping them, lol.
2599  Alternate cryptocurrencies / Altcoin Discussion / Re: Illegal activities is giving cryptocurrencies a bad image on: August 16, 2019, 05:17:45 AM
You’re saying the happening. A lot of people now sees Bitcoin as a very bad thing, cause they now believe that it is a currency that is being used by criminals and people who make use of the dark web. Bitcoin is good, just that those bad people are now taking advantage of it and using it to carry out their evil activities on the web without being caught. Lastly was the hackers that hacked Binance and then made use of a coin mixer and the way it is now I don’t think they are going to be caught, cause it seems to be like they are gone for good, making use of a coin mixer makes a coin difficult to trace.

So, this time around I wonder how they are going to be traced. It is stories like this that makes people see Bitcoin as something bad and it causes more hatred for crypto. We really need to find ways to stop such things from happening.
2600  Alternate cryptocurrencies / Altcoin Discussion / Re: How often do you check crypto prices? on: August 16, 2019, 04:47:41 AM
Hey OP, I don’t really see anything that is wrong with checking your portfolio, it’s your money and you don’t want to lose it. If you don’t want to be checking your portfolio at every single time then you should start investing an amount that you don’t mind losing, that way you wouldn’t have to bother too much about it and would be able to have the patience till the price increases.

But as for me, I don’t really mind about it. There are wallets that even give pride alerts these days just like the link wallet and the Coinbase wallet. You can set a price alert so that instead of checking at all times you would only get notification to check up on the price. I think that would be the best thing for you to do instead of always checking up on prices all the time, at least you will be getting the notifications and wouldn’t worry yourself much.
Pages: « 1 ... 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] 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 ... 203 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!