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2701  Economy / Gambling discussion / Re: Fish arcade on: January 29, 2020, 02:00:02 PM
Checked it on Google. It looks interesting.
 Guess I have played similar game in the past but on a phone-sized children water toy or computer game. The ones I found via Google are quite large. Probably not the exact same stuff I'm referring to.

Agreed, they took a twist on that harpoon game you find in arcades and made it accessible to the general public by using the most ubiquitous platform right now. And the fact that you win cryptocurrencies instead of in game items is kind of new to the general public. I must say this is an interactive way of gaining coins in this industry without the need to cash in too much money.
2702  Economy / Gambling discussion / Re: How often do you gamble? on: January 29, 2020, 08:15:28 AM
Are you gambling everyday?
twice a week?
once in a never again?

if you gamble everyday, can you stop whenever you want or are you fully addicted?

would love to hear more on your habits here on the forum.

By average, probably I gamble around twice a week. Not really into full time gambling. I more into sports betting. But I also limit my bets to matches involving teams I am a little certain to make money from. Never got addicted to gambling.
spots betting is much safer because you will only bet on the games that you are supporting specially the teams you are idolizing .

Yes, sports betting is safer and better because it is not a random gambling game or one that is purely based on luck. But I am also playing blackjack and dice and other luck-based games. I think most of us play dice, right? It is one of the most popular crypto games.
Sports betting is much safer, yeah, but also needs a basis in betting, you can't just bet and bet trying to win every time without any proper basis, what you need on betting is the actual game analysis like for basketball or football, statistics from players also is a must read variable mixed with a little bit of luck.
2703  Economy / Economics / Re: Why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line not conduct ICO? on: January 28, 2020, 05:10:03 PM
What do you think why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line have not yet launched their crypto platform?
But Kik and Telegram did it.
After all, companies can get 2 huge pluses:
1) to collect a large amount of money for ICO
2) add hype to marketing and popularity among users.

share your opinion

I think because they are already popular and they don't need to use some fund for that because they have the sure and they have their own strategy to market their apps. As I see, upcoming project will be on ICO to promote it also to have a potential investor who believe on their project.
This will cause a negative feedback on their end to add up. We all know people don't like no ads on their stuff. And offering cryptocurrency based on their favorite apps will make the user feel like the people behind this is trying to rip them off of money. Aside from that, cryptocurrencies are no get rich schemes, they wouldn't want to take the risk of getting a separate department on their team that will handle the crypto business.
2704  Bitcoin / Bitcoin Discussion / Re: On most altcoins disappearing on: January 28, 2020, 04:32:48 PM
As this topic is essentially about Bitcoin, not altcoins (as the tittle wily but deceivingly suggests), I think it is a correct board to start it in

Many of us are wondering what would happen if crypto vanished altogether (and probably having jitters at such a thought). Well, I'm not that cruel, and only propose to discuss the less evil problem, if a problem at all. That is, will Bitcoin as well as a few selected altcoins (say, a couple or so) benefit from the complete disappearance of the total majority of altcoins from the cryptocurrency arena?

As I'm inclined to think, a few remaining coins would benefit dramatically. My train of thought is as follows. We can  plausibly claim that Bitcoin would be far better off now if not for the huge pile of shitcoins that turned out outright scams at the end of the day. People wouldn't have lost their money in these schemes, and they wouldn't lose it if they invested it in Bitcoin instead. Simple and straightforward logic, right?

In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
Could not agree more. The shitcoins and scams that happened these past 2 years made some people believe that bitcoin is the only trust-worthy coin out there,  along with some other established coins that are basically dependent on bitcoin's existence too. Though if say, altcoins altogether vanish, this could possibly cause a negative feedback on bitcoin as well. More and more people might cash their investments out in fear that they'll lose their money too, some people wouldn't afford bitcoin's price if ever it reaches a really high value and that could cause a stagnation in bitcoin's end too.
2705  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think altcoins will be used for in the future. on: January 28, 2020, 03:43:45 PM
The only place I think altcoins has a future in is gambling, normal gambling but first and foremost e-betting.I can not see how it will take over  from normal currency's in the world of buying or selling any other goods then btc. The main reason I think this is that nobody wants to be that guy that bought two pizzas for 10000 btc 5 years from now, so i cant really see what else it has a real future in. But that is only my opinion, What do you guys think?

you can not compare btc with the altcoins. Btc was first ever currency to came into existence out of thin air that why it will be the last one as well for the investors to trust. on the other hand altcoin which have solid team and project will survive in the long run. projects with zero value or development will be dead
With the current state of the Altcoin industry which is now ridden with scammers which pretty much sucked out all of the investors in that community. On the other hand bitcoin that came out of nowhere with no one really knowing who created it is still going strong even after a bearish 2 year run. People have already banked their trust into bitcoins and other established coins in the market so it's highly improbable that they would die out. In altcoin's case a lot of scams have happened that made investors lose their trust on altcoins altogether.
2706  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: January 28, 2020, 02:05:09 PM
What for creating own cryptocurrency after launching to public without get any investor yet, why not legal and give regulation for bitcoin and altcoin have been listed with exchange market and accepted bitcoin as legal transaction payment for every transaction in their country.
Because they are trying to compete against bitcoin, they wanted to circulate the money locally because money going outside of a country is a lost profit. That is why they are into digital currencies right now. They wanted to create an illusion that since it is digital, it is pretty much like bitcoin, which is untrue. At the end of the day, if your money heavily depends on a fiat coin for survival, it still is centralised.
2707  Alternate cryptocurrencies / Altcoin Discussion / Re: Problem in trust or correction time? on: January 27, 2020, 04:55:31 PM
I agree, there are so many reliable projects but the problem is not only about the reliability. The bearish market conditions don't let the investors to invest more and buy their previous-chosen altcoins. The several external factors affect badly the market rates and preventing this is not easy.
Aside from that the altcoin community is in shambles because of constant scams coming around here and there. People just wouldn't take chances on ICOs anymore because that's where most scams come from. This comes before the fact that the altcoin market is bearish as of the moment and the substandard projects these ICOs offer. Hopefully they will be able to turn the situation around to the better because if not, this might be the death of ICOs altogether.
2708  Economy / Economics / Re: Trading on: January 27, 2020, 04:13:13 PM
Before going and diving deep into trading, first you have to be knowledgeable about the things you are aiming to trade to. Common mistake is the lack of knowledge about the thing you want to trade and it can damage your asset with just a simple mistake. Also, learning about the thing you want to trade never stops because, the changes here in crypto world is constant and you must be always updated about the current trends and learn new tricks in trading.

In addition, one key aspect of being a good trader is your characteristic. Build it through your experience and you would become successful someday in the field.
One thing they should also look after for is the projects the coins they are trading into have. They have to ensure that the projects they have are at least viable and relevant. Most coins die because their projects are really irrelevant. That is one thing you could do to ensure that losses are prevented. And most importantly, do a background check, that way you can avoid being scammed.
2709  Alternate cryptocurrencies / Altcoin Discussion / Re: No good projects from a long time on: January 27, 2020, 03:27:34 PM
After this thread was created, looking at the new project listed on the Altcoin bounty board and Altcoin announcement board, there is still no good project to be seen.  Majority of them are just cash grab and almost have the same concept of the projects before them.  I do not think it is worth investing in this kind of pr
This is gonna be the death of ICOs if this keep on continuing. People want more for the money they are willing to invest on. And the ICOs so far have been short of being substandard. The projects they have when compared to IEOs which is just to have a good program or site where you can exchange some new cryptocurrencies still outshines the projects a lot of ICOs put up.
2710  Bitcoin / Bitcoin Discussion / Re: So this is what 21 million bitcoins look like. on: January 27, 2020, 01:04:35 PM
I started my own coin collection lately although this piece is a paper bill, this looks amazing. As someone who's into bitcoin, I might add this to my collection in the future.

It looks like a real one but it's better if it isn't 21M btc.
This is a good collectible indeed. And at the same time it could also be a nice way to remind and to let people know before entering bitcoin that it is mainly designed to be a currency, not a form of asset. Though most people here are benefitting from bitcoin's profitability, with enough support and development on the technology that supports bitcoin, there's no telling that we might get something like this in the future.
2711  Alternate cryptocurrencies / Altcoin Discussion / Re: Japan reportedly working on a proposal to issue a national digital currency on: January 26, 2020, 05:15:28 PM
lately I often find posts from countries related to cryptocurrency as well as Germany and now Japan which is among the most affected countries especially China
This just goes to show that more and more countries realize the use of cryptocurrencies above anything else. Most of all, we know Japan is doing its best to ensure a stable economy while maintaining a clean environment. That being said, this may be a step to that goal Japan's trying to reach. Digital currency = less waste when creating money and coins. I think this is the start of a globalization.
2712  Economy / Economics / Re: Trade war Influences on cryptocurrency on: January 26, 2020, 04:40:45 PM
Cryto economy is not directly affected by the ongoing trade war between US and China. The conflict between two nations will affect most businesses specially those who are in import and exports industry commodity based products. If it gets worsen we can expect a high prices on basic products and people will suffer.
It can't affect cryptocurrency price direclty, but there are positive and negative effects to this if the trade war between these two countries carry on. For instance, most cryptocurrencies in China are already dead because of the total ban on them, people might still resort to it otherwise because of the decrease in purchasing power of their fiats which can then cause cryptocurrency prices to increase, but their respective governments can also impose strict regulations against it on the other hand that would cause crypto price to drop.
2713  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO legalities in 2020? on: January 26, 2020, 03:52:06 PM
yes maybe that's why some projects that originated in America made their ico in another country, maybe because of the complicated requirements so they moved it.
even as Korea did in other countries, maybe Southeast Asia such as Singapore and others.
This is precisely what most ICOs did. US SEC is fairly strict when it comes to ICOs which could be caused by the fact that most scam projects last 2018-2019 came from ICOs. They ensured that no US citizen gets scammed off and is partly the reason why ICOs have a bad reputation as well as of now. If this carries on I believe this will be the end for ICOs. They have already been hit several times with issues that greatly degraded their reputation to the general public.
2714  Economy / Economics / Re: Ok. Number of Bitcoin transaction increased double. Expect price increasing? on: January 26, 2020, 03:19:26 PM
I wouldn't expect to see an increase right away, but I believe its effect will be felt in the long run.
Increase of transactions simply means increase of users, and that is called "adoption", which everyone is expecting for bitcoin in the long run.

I would say we are at the right patch now, so please be patient.
Increase in transactions doesn't necessarily mean that there had been a mass adoption. Price increase shouldn't be expected just yet, we have to ensure first of all that most, if not all of the transaction carried out were people cashing in, not cashing out. And aside from that this increase in transaction could be caused by the upcoming halving, which if it's the case then we might need to expect a dump after a month or two following the halving.
2715  Bitcoin / Bitcoin Discussion / Re: Bitcoin bank, Necessary? on: January 26, 2020, 02:17:31 PM
You are the bank with bitcoin. You and everyone else that makes up the network and keeps it secure. There is no need for a bank. A bank just means someone else has control of your funds. What would the advantage of a bank be? To stop you from making mistakes? It cannot be undone not even with a bank can undo a transactions come to the address. It's better to use gold as a bank and store of value. That way you won't have to worry about inflation either.
I don't see a big reason as to why people would need to create a bitcoin bank aside from the fact that they might want to pass the blame on to others when time comes and everything went bonkers. Bitcoins are decentralized cryptocurrencies, putting them on na bank defeats the whole purpose of being "decentralised". Aside of that, as you have mentioned, bitcoin promotes a user-based network where it's the users who do the work for themselves, no huge corporation needed. If anything, I see this bitcoin banks as big targets for cryptocurrency theft if ever they will be established.
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2718  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can the price of Altcoin be good by the end of 2020? on: January 25, 2020, 05:19:30 AM
Most people waiting for the 2020 halving right now its hard to know what will happen in the next couple of months but the possibility to increase the price of altcoin are always high. If Bitcoin back to its all time high I'm sure most altcoin will follow its trend.
That is a definite assumption, but I often think that if bitcoin is pumped very high and then falls deeper below current prices, it is likely that altcoin will suffer a worse fate.

many users also want the adoption of altcoin technology with public companies as an alternative to price increases, but there has been no progress to date, their steps have not moved prices significantly.
Most altcoin, especially those who heavily depend on bitcoin's technology follow bitcoin's price trend. That's why a lot of people are really looking forward not only for bitcoin's value to increase in the halving but also some of the most prominent coins in the market. And that being said I believe that if everything goes well this year's gonna be a good year for bitcoin and most altcoins in the market altogether.
2719  Economy / Economics / Re: Crypto Taxation on: January 25, 2020, 04:23:47 AM
Yeah you’re right, the government always wants to take tax from every business and when it’s not working out for them they declare it an illegal asset and try to prevent their citizens from making use of it. That’s why they are trying to take total control over centralized cryptocurrency exchanges by regulating them, since they can’t regulate cryptocurrencies like Bitcoin directly due to its decentralized nature, centralized exchanges now serves as a gateway for them to gain access into the crypto world and accomplish their plans.

I guess for the sake of welfare of our nation, anyone will be preferring taxes but only for availing goods and services and not for the income. This is my personal opinion and everyone must be having their own view on paying taxes for building their country stronger.
Sad to say, it's just how things go most of the time. Even I am a critic of taxing cryptocurrency transactions since after all it defeats the purpose of cryptocurrencies being decentralized in the first place. But if you consider the fact that it'll allow cryptocurrencies to be much more accepted and accredited by your local government almost outweighs the feeling of being taxed. Until we can find a way to ensure cryptocurrency transactions safer and a bit more convenient than what it is now we might need to put up with what the government wants
2720  Economy / Economics / Re: is it possible that the bitcoin was created by governments? on: January 25, 2020, 01:48:00 AM
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

It can be a theory, there are a lot of theory but we know that the government was against by crypto so how can we believe on that theory? Bitcoin was created year 2009 so we can say that there are some explanation because 2009 was not that old.
Its really contradictory if we do think and compare carefully.What the hell on that kind of thinking to say that government is the one who made btc?

They are just burning theirselves to their own yet we know on what are the things that Bitcoin do have.So simply means they arent the ones who created this stuff.
If they do then they wont really be that worried too much because we know that government do likes manipulation and controlling everything.
I think there are need to know the definition of Bitcoin first, what it is and how it works. Why would governments and central authorities would create something of decentralized nature? Why would they create a threat for themselves? Why would they let people get benefit out of something that is against them? The answer to all questions is never, not in any case. Anyone can be the developer of Bitcoin and crypto except government.
Indeed. Everyome could really create their own cryptocurrency, but it is really impossible for the government to create bitcoin because what are the reasons why they created it if they couldn't control it? and why they let people to earn huge profit from it for freen, if they don't need to pay taxes? There are really a lot of questions that we can ask to the government if they are the ones who created bitcoin.
That's the main point, we cannot never say that givernment is the behind the creation of the bitcoin. Satoshi is anti fiat money and that is why he created a cryptocurrency which is bitcoin. We all know that government have control over fiat money so why will they create a currency which they have no control. They cannot also get taxes in using bitcoin as transactions.
The government has never really created bitcoin in the first place because bitcoin is a decentralized that it cannot be controlled by anyone else even the government. Bitcoin was really created named Satoshi Nakamoto who is not one of the government and a person who is not in favor of the government policy and fiat.
Governments wouldn't want a competition, more so create one. The fact that bitcoin directly competes against fiat currency already is a dead giveaway that they aren't the ones who did it. Another would be the fact that it's decentralized, no large corporate entity could hog the profits they could've got with bitcoin. And as we all know, the Government will do anything in it's power to get money. Even with those 2 reasons we can safely assume that it is not the government who created bitcoin in the first place.
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