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2681  Economy / Economics / Re: Turkish Central Bank Forbids use of cryptocurrencies as a mean of Exchange. on: April 16, 2021, 12:08:04 PM
That was expected from any central bank. Banking lobby is dead against bitcoin for a good reason- their own existence! Bitcoin has indeed challenged the banks and showd the common man that bank is not needed if you want to control your own money! So it's no wonder that central banks from many countries have issued directives against bitcoin and its usage. Even the central bank in my country have done the same. But did that hurt bitcoin? Not at all!
2682  Economy / Gambling discussion / Re: What are the biggest competitive eSports? Do you ever place eSport bets? on: April 16, 2021, 04:49:48 AM
Hi op, can you please cite a source from where you have gathered this information? Because I wonder how come Counter Strike - Global Offensive is not a part of your list. This game was a hot favorite around the world and even few years back, I used to hear about tournaments with prize money worth millions of dollars. I don't think PUBG and Fortnite can push counter strike completely off the chart! Counter strike is the true pioneer in esports gaming.
2683  Economy / Trading Discussion / Re: Does it still make sense to dollar cost average when the market is crazy bull? on: April 15, 2021, 04:49:45 PM
Hi, normally I'm a fan of dollar cost averaging.  But I'm thinking of not really dollar cost averaging because the market is obviously a very bull market right now for BTC.

What do you think will be the best strategy to enter the bitcoin market today?

Pick the lowest dip I can find say, this week, and invest all my principle. Or, dollar cost average anyway....if so, over what time horizon? Surely not over the next year.  Maybe a week? A month?

I personally believe that the train has almost left the station, which is why I am wondering if it makes no sense to dollar cost average at this time.

If you are not a new investor and already has some bitcoin at your wallet, it's not really the best time for dollar cost averaging. It is purely time for swing trading. Buy at every dip and sell at every high. That way you can make a good amount of money out of this. If you want to do dollar cost averaging, you will end up increasing the average cost of your holding and nothing else. So don't do DCA now, rather trade to make money!
2684  Economy / Trading Discussion / Re: Do I invest in cryptocurrency or coinbase COIN on: April 15, 2021, 02:58:46 PM
Is investing in cryptocurrency is good idea or COIN , please suggest

https://talkoncrypto.com/viewtopic.php?f=6&t=35

Why not both?? If you invest in both then you can get the best of both world, isn't it? If you are a cryptocurrency investor that doesn't mean you can't invest in stock market or to any other asset. Rather it's always wise to have a diversified portfolio so that if any sector gives bad returns, the other sector can balance your money.

Also Coinbase ipo is a historical event for the crypto market. This is the first ever company in crypto market that got listed in a publicly traded stock market. Who wouldn't want to become a part of the history!!
2685  Economy / Exchanges / Re: ARK Investment Fund bought about $246 million worth of Coinbase stock on: April 15, 2021, 01:25:21 PM
If you are an avid stock market investor, then you will understand why some fund management houses have done it. I am sure ARK is not the only one who has purchased Coinbase's stock for their fund portfolio. There will be more and more fund houses jumping for Coinbase's share.

The reason is simple! Coinbase is the first crypto related company whose stock is listed in a publicly traded stock market. They are the pioneer. Just the way Bitcoin remains the king of the crypto market even after having technical flaws and even after having more advanced coins availability. In the similar way, coinbase is the pioneer from the crypto field to join the stock market madness.

Pure business calculation and a wise one!
2686  Economy / Gambling discussion / Re: Eth Berlin Upgrade and Gambling on: April 15, 2021, 11:54:30 AM
I know most of our crypto casinos and sportsbooks support ethereum deposits, but with the upcoming ethereum Berlin upgrade which is most likely to push transaction fees down, are people going to gamble more knowing that most of us are familiar to the coin and expect lower fees from today?

If the gamblers didn't mind playing with ETH during the current high fees situation, it's highly unlikely for them to stop using ETH when the fees is low. Instead, you can expect more players to use ETH for gambling activities. Exactly opposite will happen to what you are thinking. Btw, do they have a timeline for Berlin upgrade?

I have so many token which I want to move to exchange but didn't do it due to high fees.

Update: the Berlin hardfork has gone live today!

https://decrypt.co/66569/berlin-hard-fork-live-promises-reduce-sky-high-ethereum-fees
2687  Alternate cryptocurrencies / Altcoin Discussion / Coinjanitor - does anyone know the current status? on: April 15, 2021, 05:48:31 AM
At the end of the ICO craze, a project called Coinjanitor emerged to unlock the values of dead coins. I liked their proposition as I have million of dead coins worth zero value. I tried to connect with them quite a few times but have never received a reply from them.

Does anyone know the status of this project? Or how to effectively connect with them?

Any leads will be appreciated.
2688  Bitcoin / Bitcoin Discussion / Re: "COIN"- Coinbase IPO- Opens today- Thoughts? on: April 14, 2021, 04:17:39 PM
Well the day has finally come that the largest bitcoin exchange and one of ( if not the ) largest cryptocurrency exchange in the world, goes public.  If you aren't aware, IPO stands for Initial Public Offering.  There's a TON of hype about this IPO, not only in the "crypto space" but just overall.  I have had CNBC ( financial news channel ) on all morning and it's been a huge topic all week.

The estimates right now are that it will open at $340 per share.  So with that said, are you a buyer? Where do you think the price will end up at the close of today? 

Regardless of how you feel about Coinbase ( I personally despise the company ), this is good news for bitcoin and a big reason behind the recent surge.  Should be fun!

That's a historic incident for bitcoin in all true sense! A coin that has started its journey from 2009, can created so much impact in the financial world that a company based around this coin is listed in one of the most notable stock markets. Isn't that awesome!

Coinbase is definitely not a great choice of many. But I would rather see this event as an important milestone in bitcoin's history. The market has also responded in a positive way as you can all see now!
2689  Economy / Speculation / Re: Bitcoin ATH - those responsible. on: April 14, 2021, 02:49:07 PM
Cheesy With profound gratitude and deep appreciation to those who short-sold their Bitcoin for this moment to be realistic, I think you’ll. Believe me, without them this moment shouldn’t have been possible, so, we the long hodlers say thanks, more liquidity still in need from these sellers.

A matket can't survive without these both type of people. So doesn't matter if you are a bull or a bear, you are an integral part of the market. If there's no bull, no one would buy and if there's no bear, no one would sell. So technically the market will be stuck without any one of them. So instead of laughing, learn from their mistakes and prepare for a better future!
2690  Bitcoin / Bitcoin Discussion / Re: Bitcoin illicit transactions are less than 1% on: April 14, 2021, 12:28:13 PM
That's a great news for the bitcoin community. Because whenever any country plans to ban bitcoin the major reasons are mainly two,

1. Money laundering
2. Terrorism financing

So it's great to see such positive reports in favor of bitcoin. There might be some confusion around the legitimacy of such report but it's a net positive at this turbulent time of the market.
2691  Alternate cryptocurrencies / Altcoin Discussion / Re: Honest opinion poll about the potential of NFT on: April 13, 2021, 06:13:05 PM
This is a very specific token and I think that not everyone needs it. I still don't understand its purpose well. Perhaps it would be better to create a stablecoin for this purpose, which will serve a virtual auction of art and antiques. There is very little information about NFT tokens, so it is not surprising that people are now very interested in them, as a result of which this hype arose. After a certain time, all this will settle down, then we'll see how useful this token will be.

There are ample of information available to know about NFTs. You can go through the FAQ section of Opensea which is one of the best NFT marketplaces,

https://opensea.io/faq

Reading this FAQ will clear out a lof of confusion around NFTs and its functionality. 

Hope this helps!
2692  Economy / Gambling discussion / Re: Do you limit your gambling time? on: April 13, 2021, 04:32:28 PM
This is about how do you make sure that you are gambling in full control. There are many people who are easily brought into gambling beyond fun and that is a problem for them and also for the gambling industry, because it is for them that there are limitations in many countries.

Do you actually...
- Have a weekly budget to play and do not ever go over it?
- Not ever get in debt for gambling?
- Have an allocated time for gambling and never exceed it?
- Gamble only socially with friends of relatives?
- Have someone helping you control your gambling?

These are actually good parameters to follow for every gambler, even though someone is not an addicted gambler. I don't have any such things to follow because I usually gamble to relax somethings. I just don't look at gambling as a money making opportunity and for the same reason I don't loose a lot of money. I pull myself out from any games where I keep on loosing money.

Problem gambling is mainly linked with the wish of making money out of gambling whereas online casinos are not really a place to make money!
2693  Local / India / Re: Good News for Indian Crypto Community on: April 13, 2021, 02:45:28 PM
Minister of state for finance Anurag Thakur said the government is very much open when it comes to digital currencies and that all options are being considered with an open mind.

The government is considering all options with an open mind when it comes to cryptocurrencies, and will make sure that the interests of investors are protected, Anurag Thakur, minister of state for finance, has said. The Union minister, however, raised concerns over the high volatility in digital assets.

The government is in the process of formulating a Bill on cryptocurrencies.

I think this is huge news for crypto community in India. This makes it clear that either government will not put blanket ban Or and investors will be given some time frame to liquidate their holdings.

AIMA is trying their best to ensure that government doesn't impose a blanket ban on cryptos in India. The crypto ecosystem in India has grown in size since last few years and imposing a blanket ban would completely destroy the ecosystem. Hopefully the fat brains sitting in high government posts have finally understand the implications.

But again, the current government is very good in distracting the mind of the public. So blindly trusting the government can bring disastrous disappointment.
2694  Bitcoin / Bitcoin Discussion / Re: FBI uses bitcoin mixers from forfeiture processing. on: April 13, 2021, 01:20:33 PM
Lol! It's really wired for an organization like FBI to use cryptocurrency mixing services. Either they are trying to understand how the mixers work to prepare a plan of action against them or they are just trying to make their wallet more secure by covering the trail of money! W

But I don't think any serious outcome will happen and also I see no resolution to believe such articles because the authors often use clickbait articles to increase the number of their visitors.
2695  Economy / Gambling discussion / Re: Which is the most popular game in gambling field ? on: April 13, 2021, 06:27:03 AM
Hey, what's up guys !

I need a simple help to collect some data from you guys. I hope you guys will try to help me atleast a little bit according to you gambling experiences. I need some data about how many games are most played in gambling field? Or which is most popular game?

I know our taste is not the same. But most of has the ideas about the best one. so please post your best gambling game list which you like more to play individually.


Thanks in advance Smiley

This is a question for the casino owners! Only they would be able to present you with a proper statistics on the popular games. Gamblers can post only their own view but can't provide you with a statistical information. We have quite a few casino owners available in this forum. Just go to the ANN threads and find them. Shoot your question through a PM.

Personally for me, I prefer crash games like bustabit. Nowadays it has a lot of clones in the market. But I like playing the crash games because that's what makes me relax. I am also eagerly waiting for some skill based gambling coming to the crypto gambling world.
2696  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency as a form of digital payment for ecommerce on: April 12, 2021, 07:42:37 PM

Many see this as an opportunity, but is anyone really buying anything with it? After all, it is money, and currencies are used to buy items.

That's the burning question! For record, yes people are using cryptocurrencies to buy products are services. Silt route was one of the prime examples which dominated the darknet for quite some time before getting busted. But people were using cryptocurrencies in darknet because they didn't want to leave a money trail. That's a clever step anyone would take.

But if you ask me if people are buying their regular stuffs using cryptos or not! The answer would disappoint you because things are not rosey here as it sounds.

Bitcoin has become the king of investment. So people prefer to keep them in the wallet instead of using them to buy regular stuffs. Because no real world investment would even come close to the bitcoin! That's a fact!
2697  Alternate cryptocurrencies / Altcoin Discussion / Honest opinion poll about the potential of NFT on: April 12, 2021, 05:17:33 PM
Hi all,

Let's do a honest opinion poll about the potential of NFT.

Question - what the future holds for NFT?

In my personal experience, I have received mixed reactions from different type of people on this same question. So I want to know the view of this community.

Vote on!
2698  Bitcoin / Bitcoin Discussion / Re: “Bitcoin is the laughing stock of our firm” on: April 12, 2021, 03:32:28 PM
There are still many people in this world who believe bitcoin is a waste of time and money. But these kind of people were always there and they will remain as it is! The most notable one is probably Mr. Buffet. In reality, he could have multiplied his wealth by few thousand percentage if he had believed in bitcoin.

These are the people that gives us the pleasure of winning against all odds. So they are also essential in this eco system.
2699  Bitcoin / Bitcoin Discussion / Re: Possibility to pay with Bitcoin, Etherium and Ripple by Canadian lending company on: April 11, 2021, 04:42:39 PM
Isn't Canadian Central Bank issued a banking ban on crypto few years back?? Or is it incorrect information? Can anyone confirm?

If there is a banking ban on cryptos in Canada, I am not sure how this company will accept payments in cryptocurrencies! The borrowers should not land into legal troubles later on! That might create more troubles for cryptos in Canada instead of helping in adoption.

If it finally becomes a reality, then it will be great in terms of mass adoption - another strong push!
2700  Economy / Scam Accusations / Re: Elon musk 5000 BTC give away scam ad on: April 11, 2021, 06:57:35 AM
How Youtube allow this shit? I can imagine tons of people fall for this and actually send him Bitcoin.

Send 0.3 BTC and double it and get 0.6 BTC lmao

https://prnt.sc/11955a9

And youtube appove that? are they idiots?


Don't blame youtube here! This advertising is coming from someone's adwords account. It is impossible for Google to filter out such ads unless the users report it to them! Also, just like facebook, Google should implement a manual verification layer before any of their advertisements go live. That would save common people from a lot of hassles. The process is simple - every advertisements should be checked and manually passed by a human. If you are familiar with Facebook advertising platform, you must have noticed that any ads don't go to approval stage directly. It has to pass a manual verification.

Otherwise, there is no way to stop such scammers permanently. They will keep on coming back in different name, look and feel.
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