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281  Economy / Trading Discussion / Re: why do Banks ask for income source for bitcoin sold payment on: March 15, 2019, 07:09:59 PM
This is exactly what we say about a centralized market, it is full of strictly policies, actually they have every right to freeze the account since they are operating under the rules and regulation of their central bank which must have stated certain limit of money an account  can receive in a day without proof and anything above that must come with the proof that the source is genuine and legal.

The mistake he made was to have used one bank to receive the lump sum at once and since this has happened, all he need to do is meet his account manager and explained to the manager in details the source of the income, the manager will be best to advise him on way forward and letter required if there is any.
282  Economy / Trading Discussion / Re: You better invest in Bitcoin now not later and here's why (bullish signs) on: March 15, 2019, 04:27:46 PM
I think you should stop using the word "invest", and state that it is speculation. Investing in crypto is the purchase of domain names and site building, or the starting of crypto projects. Just buying coins is speculation.
In as much as the crypto currency system is tailored towards establishing a decentralized society, one of its major benefit is that  it also serves as invest for now during this adoption stage. Even after it has been fully adopted and become stable, it will always remain an investment and not speculations.

Speculation is just a way of predicting the future of the investment, but does not mean that the system itself depends on speculation. If it’s not an investment, how come I read somewhere whereby 16 years old boy that invested in bitcoin at an early stage made multi millions of dollars, is that a speculation too?
283  Economy / Trading Discussion / Re: How to follow the course? on: March 15, 2019, 03:54:48 PM
A simple tool I use is actually just a RSS newsfeed from one or two sites. So it monitors for fresh news and I only need to read the headlines to see if anything is important. Usually if it is very important,,, it has a tag of "BREAKING" so then I know it is fresh. News and developments are good to read to supplement your trading decisions.


right, a newsfeed could be ok. still, the best option would be reuters news terminals
Newsfeed could be ok as you stated but can still not be compared to told that are fully dedicated to this, newsfeed may not really give you an option to observe a particular coin of your choice other than the one selected to be shown by the site manager except the site in question too special embedded these dedicated tools like block folio into their site, so I don’t think there is anything more an investor or a trader needs to observe the coins other than Block folio, coinmarketcap or tradeview.
284  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: March 15, 2019, 03:17:25 PM
I sent $10 BTC and within an our I got paid in cash through my mobile money account. I am very proud to say I started with FreeBitco.in in November 2015 and had my first free cash from them.
$10 BTC, so how many BTC you bought in total with $10 in 2015.
I guess that because you come into crypto so early, 2 years ealier than me, you should be rich for now.
If you don't got so many failed tradings, you should be rich with your early invesment in 2015 and if you took profits in 2017 or early 2018.
Just because someone started bitcoin early doesn't mean they have to be rich, that is the wrong type of thinking. I have started earlier than many people, when I first started freebitco.in wasn't even a thing if I remember correctly, however I did not kept the money, to the people who first took interest in bitcoin at the very early days we felt like bitcoin supposed to be "money" not investment, so we "earned" and "spend" it instead of buying and selling it.

I have earned god knows how much bitcoins working and I have spent almost all of it, I still do exactly that for the past 3 days and cover my expenses (proud to be my own boss and not go to work everyday) people who think "I wish I bought bitcoin back in 2011" or something miss out on the big fact that if you bought bitcoin at 30 cents there was a HUGE chance you would have sold it at 1 dollar to 100 dollar range instead of waiting for a 20 thousand dollar price.

I have sold bitcoins at 100 dollar levels and I have sold it at 20 thousand dollars, I have been around for both of them and never regret any of it.
285  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 play & invest - BTC, LTC, ETH, DOGE - fast & awesome on: March 15, 2019, 01:26:45 PM
If we are going to get our wishes heard I think eth investment could be one as well. Not that it is certainly as popular as the tournament requests since I see that gets more attention but it is something I would love to see as well.

Not that many place accepts investments any other currency than Bitcoin, so that is already useless since there is plenty of places to invest in Bitcoin anyway, the litecoins and what not are good addition and I am sure people who like litecoin is thrilled with the idea of investing into a casino with litecoin. Yet us folk who like ethereum more than litecoin would love to see the ability to invest our eth into the casino so we do not have to exchange it to any other coin and keep our eth while we make money with it the PoS style.
286  Economy / Trading Discussion / Re: will Bitcoin clock 4k today. on: March 14, 2019, 09:35:35 PM
Last febuary, we saw bitcoin hit pass 4k to 4,200k. it looks like we are enjoying a better days ahead till it slumps back to 3700k. After a very much good news and updates surrounding the cryptosphere the market currently has been green recently. do we see Bitcoin hitting pass 4k today and will the uptrend last for long.
I guess we are due to hit that price, $4K should be the resistance now, after hitting that, we might see more uptrend.
News has been good lately so I don't see a reason why we should not hit that.
Patience is just very important at this stage as we are on a recovery stage, when it's stable, we can expect more.
Patience is the key folk, I see bitcoin stabilizing on this current price for a very long time before considering testing that $4k again because ever since it does some months back and went back to the $3k trend, it has been seriously finding it hard to break that resistance and seems as if the market is already becoming less volatile now.

Hence, we might not see a major breakout of that price anytime soon, all thing being equal, the slogan still remain “market cannot be accurately predicted”, anything can still happen at any time.
287  Economy / Gambling / Re: Stake.com 2 Just Launched! New games, updated design 💎💣🎰🎲♠️ on: March 14, 2019, 08:20:53 PM
Hey I feel if Stake decides to have it’s own coin it’ll be a nice idea, they could study Bitdice model wherein their csno coins gives dividends to the holder and allows them to play with it in Bitdice.
There is no reason to create a new shitcoin to gives dividends, because they can simply use bitcoin. Look at investment model on bustadice or crypto-games.net
It always comes back down to the idea of getting dividends from stake for some reason.

I understand people want to own a piece of the pie and investing into something like stake would be a great deal since you would be making profits you wouldn't see anywhere else but honestly why would they do such a thing. I mean these guys have been around for years now and they have more money than you can imagine so I doubt they need new money at all, they could start a sportsbook and a live casino tomorrow and still have enough money to cover for all of it so they do not need your investment at all.

The only reason why they would even consider something like their own coin would be to make the betting faster, right now when you bet like 1 satoshi its slow so when you do create stake coin you could do that with real fast pace. That is the only viable reason and I don't think it really worth it.
288  Economy / Gambling / Re: ⭐---CRYPTOBETCASINO---⭐ on: March 14, 2019, 07:49:32 PM
I was just checking and one of the good parts is there seems like no KYC required to withdraw plus you can use VPN to login to the website. I know that sounds a bit fishy from our end but the gamblers who are coming from countries that have ISP's working with the government (high censorship countries) it is amazing that we can use VPN and need to provide no information to play here.

Seeing how you have Chinese and also Russian added on the language you probably are aware that bulk of your users would probably be from those countries (even including USA) because unfortunately there is some backwards thinking people at the top of these countries that basically rule over with iron fist making gambling in crypto so much harder for people who live there.
289  Alternate cryptocurrencies / Altcoin Discussion / Re: Lets make song Bitcoin pls go to moon a ringtone to accelerate crypto adoption. on: March 14, 2019, 06:39:44 PM
It will really a good idea to have this set as ringtone by all Bitcoin communities which I believe will further create awareness to those that will be wondering what the song is all about, at least from there, many people will be curious and grab the idea of the whole technology thereby attracting other investors both big and small into the market, these are part of the things that will contribute to the bull run we are expecting an maybe when the bull run comes, I can compose my own song about bull run too.
290  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB is mooning. again on: March 14, 2019, 05:29:35 PM
It is not surprised as binance is in road to become biggest exchange,in just few year they have captured a big stake of market so we can see its coin getting good volume and spike.i think in future bnb will take good position in CMC chart.
They have actually achieve that and they are the world’s largest crypto exchange for now till we have other exchanges that can compete with them which I feel will be quite difficult with speed at which they are engaging in other inventions of theirs such as the Binance chain and launch pad.

I also want to believe and agree with you that it would not take long before they top number three on the list and I foresee their price too growing above Bitcoin cash in possible quicker time. BNB must be a good example how a coin will boom when it will be having at least one real world application. It will surely moon given that binance devs do not want to dump their own beloved coin.
291  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cardano, Cardano, Cardano...why!! on: March 14, 2019, 04:36:44 PM
You got confused and you sold Cardano and bought BNB. Bnb already replace ADA on it's place in the top 10. Bnb coin has also potential and was considered as a 10th most valuable in the market. Also, binance coin's speculations will be doubled according to some analysts at the end of this year.
I am not sure he got confused or regret buying BNB, he saw prospect in the BNB too in BNB more than cardano and that is why he swapped it which was not a bad idea though but the mistake I see in his decision was not to have bought BNB freshly rather than acquiring it through swapping.

At least cardano still belongs to top 10 coins which shows that it is also performing well even if we have not seen major growth in its price but I believe with time, they will also experience growth and I do hope he will not be engulfed with the fear of losing out when the time comes.
292  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will all altcoin return to zero in 2019?Money does not return to btc on: March 14, 2019, 03:44:12 PM
IMO, altcoins are actually at low prices atm. The prices have come down a lot since the last bull run and started to be stable. To be frank, I don’t think altcoin prices will become lower in 2019.
A lot of these altcoins have already bottom and lots of investors are seeing it now as a good entry point which is why the market of altcoins has been looking promising for a while now as against the impression that they are all not doing fine and will zero.
The only altcoins I believe will zero by the end of the year will be the ones with bad projects or lazy team which by now we all ought to have spotted them out from our investment and start focusing on the good ones. So with the hope of bull run this year, a lot of them will rise again.
293  Economy / Speculation / Re: Bitcoin is difficult to rise above the price of $ 4000?? on: March 14, 2019, 03:14:27 PM
its the mining:market dynamics

when its cheaper to buy coin rather than mine it, people buy it. when its cheaper to mine it than buy it people mine it.
when prices get above a certain level and it becomes profitable to sell, people do that.

if a price exceeds this 'value' area and prices spike into speculation, expect it to correct back down into reasonable value area.
the only way to have sustained value increase is to have the costs of obtaining it sustainable. which for multiple years has been the hashrate. which while the whole sell off of s9's to be used on altcoins and the fresh purchases of s15(bing slow) to replace, and a upcoming(but not yet here) s17 range.. has not shown much hashrate rise to sustain and give the market higher bottomline support to encourage sustained growth

Right, at low price it is better to buy rather than mine and when it is cheap to mine than people want to buy. This is radiculas matter that people do opposite what the situation demands. No matter, we need to be more patience at this time.
Patience is the key mate which we also need to learn that from first btc investors, lets even leave the bull run of 2 years ago aside, no matter the decline in the price of BTC today, previous investor that started with bitcoin when it was from ordinary cent to 1 usd can never ever count their losses, why ?

Because, they were patient, we saw what happened to those that never believed in the system and even threw their wallet pass key away out of impatience, they ended up regretting it. It is better we assume too now that we are in the period BTC standardized one day in years to come we will massively count our profit too.
294  Economy / Speculation / Re: ??? DECISION TIME FOR BITCOIN?!?! 4k or 3.5k?!?! ??? on: March 14, 2019, 01:50:27 PM
People should not push too hard to let the bullish trend to come because at the end of the day only the whales can gain a profit from them because they can easily manipulate the market and we can't do anything about it.

I think we have seen the bottom before and we are still here on a stable state of Bitcoin where it stays at this current price for weeks. We may conclude that the resistance is $4k but so far the price is not even touching on that for a week except to the last bull trap last month.
I think if we push too hard for the bullish trend to come, we will still all benefit from it too provided we are already an investor and bought at deep, it is not only beneficial to those that are yet to invest or those that bought at very high price when bitcoin hit the highest bull price some years back and yet to recover. If we experience sudden bullish trend now.

I know the whales will benefit because they already invested at deep and will pull out their fund which we will also do too to our when the time comes after which the price will crash again for us to buy. I don’t mean to be selfish; I am only talking from business angle.
295  Alternate cryptocurrencies / Altcoin Discussion / Re: Looked back - lost! on: March 14, 2019, 01:19:18 PM
And I do not regret anything. I engage in cryptocurrency consciously. I like it, like the idea itself.
The course may be unstable. But the technology itself is developing and, I hope, will soon begin to reveal its potential.
Lucky you mate and thank God you said it that you engaged consciously, would you believe me if I tell you that not everyone who engages in crypto engages consciously, this action is what is leading a lot of people to regret. The Idea of crypto currency is actually not the main regret here but of the bad investment made by them.

Yes, I agree with you that the technology is still new and developing but I do hope that bad investment and bad projects does not kill its potential before its time.
296  Alternate cryptocurrencies / Altcoin Discussion / Re: Came Back After a Year on: March 14, 2019, 12:00:08 PM
Hey, Guys, I am jak3, I came back after 1year. (i barely visited this forum in this 1year) but I remember when I left this forum there was a lot of bitcoin campaigns and a lot of discussion topics. But nowadays people are only talking about altcoins. Can you guys tell me what I am missing till now or what exactly did happen under this 1year? I do have some idea about merits thought. Hope I can get a grip back into the discussions.
There are still campaigns right now but they are now fewer, bounty campaigns are good but not all became succesful and paying members. In my opinion, it is because of the value of the market, it is not like before with high value.
Are you really sure that the scanty campaigns that we have now is really as a result of the market situation or is there any other thing you are keeping from us because to me.

I feel ICOs are already getting lots of discouragement due to the low turnout of investors who are being discouraged by the activities of shitcoin projects that has been raised in the past and also activities of scammers which the low market price too is also a contributing factor too to the low turnout of both ICOs and investors.
297  Alternate cryptocurrencies / Speculation (Altcoins) / Re: This IS The End Of The Bear Market [Inside] on: March 13, 2019, 08:23:42 PM
I agree that we are near the bottom. IMHO now we see consolidation, the main question for me how long will it last and what coins will bounce faster than others?
For now, it will be difficult to know which coin will grow faster than the other because they all have their own different community that are very strong, I just HOLD some of these new coins that has viable projects to see the magic they will perform but the ones I have high hopes on now are the ones that I have seen perform magic for me in the past when bitcoin hit the BULL and started consolidating.

For instance, my kickcoin gave me over 1000% increase in the value I held then, so I am still having so much fate in it to do same again.
298  Alternate cryptocurrencies / Altcoin Discussion / Re: Skam or a way to make money? on: March 13, 2019, 07:45:33 PM
That's the real problem ,millions of people are using crypto out of trillions in the world ,many still don't know what cryptocurrency is but we can't rush things out on them ,sooner or later people will have no choice but to embrace crypto and crypto is not a way to get rich quick ,you have to work to earn profit
I really wish that every soul that comes into the crypto currency industry that view it in your own direction too but not many of us see the crypto currency as a way of getting rich quick forgetting it is a system we have to work for and with to make us have the free financial operation we have all been aspiring for without the interference or monitoring of a third party.

The word decentralization must always ring bell in our heart and always stand as the major key for our support aside the financial benefits it will bring to us in the long run.
299  Economy / Trading Discussion / Re: How to Trade cryptocurrencies comfortably with profit on: March 12, 2019, 09:02:10 PM
Trading cryptocurrencies are really risky, so much volatile. Because there's a lot of shitcoins out there and I believe that fundamental analysis is also good for trading, not all technical, also include the fundamental analysis. We can earn huge profits but the negative side is we can also make huge losses.
But, the chances of making huge loss will also be extremely low provided the trader put all risk management tools in place such as stop loss, not being a greedy trader, ability to get in and out of trade as fast as possible and so many others.

The market is very volatile like you rightly said and if we take advantage of some of the good coins out there fundamentally, we will profit a lot from the crypto market, for me, I personally don’t believe in some of these bad coins making fortune out of them, I might have been hearing this too from so many people but it is not a risk I would want to take trading bad coins.
300  Economy / Trading Discussion / Re: small gains but cant make it big on: March 12, 2019, 08:02:31 PM
In the present market situation, as most investors have been suffering losses, so you have to content with a small gains. If you take risk and invest in some shitcoins then there is possibility that you may earn more.
Which the shitcoin investor might possibly loose more too, rather than looking at massive gains from a coin that will not give peace of mind when trading, isn’t it even better ones trade with some of these top altcoins, at least some of them do experience fluctuation up to 3 times in a day which is more than enough for a trader that is observant to make money from.

Like many of the mates has been saying, it’s better to see the long term investment as the major investment and wait for the bear to leave the market in order to be on a safe side, and when we talk about investors suffering losses, personally for me, except losses from trading, I don’t see any investment as loss provided the coin is a good one, it’s just a little depreciation in the value of what they are holding which will definitely bounce back.
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