if the project fails then the manager will not be responsible for the project, competing against the responsible person is the founder of the project, all the funds from the investors will be returned and if we have joined the prizes we usually are not paid because I often like that.
Why should a manager even be responsible for a failed bounty in the first place ? It is bounty and I do not know what else people would have been expecting. If they do not understand by now that the idea of joining a bounty is to share in both the success and failure of the project, then I wonder what else comes to mind. The only people who get paid at the end are the investors and it is not like they got paid, but they only get back what they have invested in the first place while thinking the project ICO will become successful, but for a bounty hunter to be expecting something after a failed ICO is absurd. |
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Hacking is a big problem so i think if you have Erc wallet and have private ken there is very difficult to hack your wallet but i must say you have very care full about your wallet.As the technology is developing you have to more need to aware about hacking.
Usually, any wallet cannot easily be hacked as long as you take security serious and you make use of added security when it comes to your funds. On its own, wallets, most especially when you have full control of them, is non-hackable, however, this does not mean the hackers cannot make use of some programs, or device some means or whatsoever to have access to your information at the end of the day if you are careless. So, the truth is that if you are very careless with your wallet, you really do not pay attention to details or you just don’t take security seriously, the possibility of getting hacked will always be there. |
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It is not necessary to play fast on trading all you need to do is play smart just like that, because I think playing fast is like a panic seller, selling fast and buying fast but if you want to there are some articles and threads and also videos that will help you a lot like Investopedia.com it is the best site when you want to know about different types and kinds of trading that will help you to build a trading strategy. right, it needs a process to be successful, i think there is a right time to enter and exit market, and it's not easy to do that. therefore we patiently learn and enjoy the process, because later the results will not betray struggle Playing fast on a market is not what I believe anyone should be doing since you really have to be sure before making an attempt on the market to enter a position, otherwise whoever is trying to play fast, are the ones I usually consider as gamblers when it comes to trading the market. Most times, it is always very good to let a market develop and then strategize on your entry, exit either as profit or loss, and then be able to make better decisions with this. The market should always be a step ahead and as long as you are not a whale, what you just need is a good strategy to always make better calls. |
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no need to buy books, i think you should be up on youtube to learn would be better because there are quite a lot of people sharing with clear and in-depth knowledge
No need to buy book s? In case you do not know, YouTube will not give you all you need to know when it comes to trading and trading is generally not what you will have to learn in just a short amount of time, because just like any other profession, you will always need to keep learning and nothing should stop you from trying to get better. Books are very good and I have read some pretty good ones myself, including the one mentioned by the OP. The good thing about digital age is that you can also find reviews on books you can read but never limit your learning to just one perspective as there is so much to learn than just watching YouTube videos on trading. |
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There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
If you invest more money than you can afford to lose in anything not just bitcoin than you are doing a big mistake. You can't also afford to pay for stuff if you do not have money, there has been a spree of "credit card" debts in the world however the world is getting more and more expensive whereas wages are not getting higher and higher which means there are more and more people who spend money they do not have to actually stay alive. Even one big spending they have no control over (surgery, fire, insurance whatever) and they are in big debt. Hence, do not do that same mistake while investing at least. |
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This is the first step for the bank to use Bitcoin in the system. Gradually, Bitcoin will take on more important roles.
Glad to here there's some banks who accept bitcoin and believe in it. Now days bank are totally refused the bitcoin and cryptocurrency due to highly volatile. Not sure this would have been something we would not get to see eventually anyway, as someone rightly said, we are definitely going to see some revolution pertaining money and spending in the long run and that will be the fact that cryptocurrency whether we like it or not, will end up taking the spot light in the financial sphere. In that process, as time goes on, even banks will find a need to want to make use of it and then see the benefit they can derive from it as well, like we are currently seeing German online banks doing same. High volatility is something that will not last forever, as we have seen reduction in volatility to some extent over the years and as adoption keeps increasing, volatility will definitely be subsiding. |
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Is it true that the market usually rises before the end of the year?
If so, why do you think it happens?
I spoke with few people that already said that in the last 5 years the market became really bulish
No, it is not. It happened once and also there was end of years where the price didn't moved at all as well. Back when the price went up to 1400 before the mtgox deals and it dropped to 200ish dollars during late November or so, which means one of the biggest drops came during last months of the year. We have seen one of the biggest drops in bitcoin history during the end of the year and we have seen the biggest increase ever at the end of the year as well, bitcoin can do anything at the end of the year and there is no possibility of considering it will always be the same every single year. |
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These are really just one way of looking at your indicators but they are far from possible. Do you really believe there will be a 90%+ loss in market value inside a year ?
It is not looking likely at all, right now at around $6k+ levels it is stationed very well and the miners are not allowing it to drop any further. Your indicators can show you one thing but you are forgetting the one eternal truth that if people see that they can profit from something they will jump on it and when miners do not allow the price to go down further people will flock and buy even more and the price will not be allowed to fall that far. You can't see that on your indicators.
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it seems like I’m not the only one that is surprised about what has been happening with Ripple. It’s been long since I last checked the list on coinmarketcap and just recently I check it and was surprised when I saw Ripple as the third and BCH has already fallen to the fourth position.
I think Ripple is the best as of now cause it’s really booming, and I will be waiting for when it will beat Ethereum to the second position. As for Bitcoin, Bitcoin remains the number one as always.
Well, is there really anything to be surprised about? It is ripple, the same centralized manipulated coins we all know and when it comes to huge gains, it is there and when it also comes to huge loss, it is the craziest. At some point, it actually over shot to become the second before the correction, with Ethereum falling backward to 3rd. Probably, it would still come back to retain the second position if it goes up further and if Ethereum does not make any serious move. However, it is no doubt that the ripple market is manipulated and I would not count on it staying for so long in that position. |
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I have also heard this back in Summer but there is no such thing that happened. I know that this will happen but they must have seen that it is not the right time to jump. They could have been waiting for the market to be back again. Their arrival is inevitable but not one when it is going to happen. I really can't wait for their money to pour in into exchanges.
Apparently, any big institution will never announce its arrival and would have been accumulating the dips while others are busy trying to wonder where the market is going to next. The thing here is that it is possible to see the market move in an uptrend fashion before the end of the year, but at the same time, nothing is guaranteed yet and the only thing we can do now is to just chill and wait to see how things would eventually turn out at the end of the day. Yes, within this last part of the month is when we tend to see some good greens in the market, but at this stage, all we can certainly do is to hope. |
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XRP circualtion is aproximately 30% of total ammount. Rest of coins are held by the team, so they could afect the rage slightly. In such terms, it is hard to predict future or Ripple, especially, when most of holder have no voice.
Affect it slightly? I do not think so. As long as the team is holding huge part of it, the possibility of manipulations will always be there and for that reason, investing long term in a centralized product for a team which I believe are just there to want to load up their pocket is not the thing. Well, it may be the year of ripple or not, but one thing for me is that even though I trade the short term for profit, I still focus more on trying to sell off as long as I see I have gotten enough. It is ripple that is bound to increase hugely and drop hugely, and as far as I am concerned, that is just some big time pumps and dump market. |
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I must admit that FOMO get under my skin when I started my trading years ago and its really hard to fought it. Some suggest that fight FOMO with FOMO or just stay cool and relax. Perhaps if you are really that long, you will really get a hold and ask yourself if you really wanted to jump it or its just FOMO alert and nothing more. Just take a good walk and I'm sure that your mind and body will be clear and can make the right decisions. I haven't try meditation though.  Most times I believe the FOMO thing for most people is just something that results from the normal human nature to not want to miss an opportunity most especially when there is so much going on and not enabling them to think rightly. However, the ability to be able to not be a part of FOMO is to always have the knowledge to invest and at least in some little way be able to trade the market. Yes, I would not say at some point for every trader during the stage of learning, they would not have ended up trying to join FOMO, but one thing is that as long as you are not able to get in early, it is better not to even get in at all. |
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Binance comes from the word "Binary" + "Finance". One of the negative things people found about this site was that it was operated by a Chinese company operating in Tokyo, Japan. Before they actually operated in China, but because of the recent problems with crypto in Iraq, the company decided to switch operations to a friendly country while running crypto operations.
That simply shows a team that is working to give their best at all cost. Moreover, even while within the Asian region, I would not say they still did not try as much as possible to do their best, before eventually making Malta a ground for their operations and they were welcome with an open heart. That is one thing about the decentralized world, since it is global, you cannot just lay hold on anyone and for that reason, if you tend to disturb the operations, moving to another place where they will benefit and still be able to carry out their operations easily is still always going to suffice, so at the end and in this case, China eventually are the ones losing out. |
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developped countries are the ones that do not export raw materials but imports. non developped countries are the ones that sell raw materials instead of produce a product and sell. developing countries are the ones that just started producing.
Partially right but now a days the companies from the developed countries coming to the developing nations where the raw materials were abundant in nature and also the man power can be much cheaper than the developing nations but later they will take the profits made from the products in the developing countries to their developed country. Don't be so sure they take the money from the developed countries to the developing ones as some people already gave up hope for their country right from the onset and when they realized how life should really be like in developed countries. Yeah, we may have some, but all in all, as long as the economy is good for a developed country, whoever is migrating to such country would always be a part of the growth since one way or the other, they will still have to be rendering value to get paid anyway. The problem with developing countries balls down from the government and as long as we get to see people who will keep siphoning what belongs to the development of a country, there will always be a lag. |
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Because we are all not sure if this predictions will come true in year 2025 or in the future there are two results that may happen to all hodlers of bitcoin who put their money 100% in it, either they will become a millionaire or become a homeless soon lol but I hope OP is correct.
that is the risk when you invest, you dont know what will happen to your investment especially it will run for a couple of years it is good if you will became a millionaire by that year but also you should look the in the moment when you will have nothing to earn from your investment, 5000$ is a huge amount so people must think of it before putting in an investment that there are no assurance of having a positive profit. when we decided to invest $5000 in cryptocurrency, i hope this money is separate from our saving and bank loans.it is really free money that we prepared before to investing decision.and also we had already accept the risk if this amount become $50 if market crash. Normally, anyone who is putting in all that they have all in the name of wanting to become a millionaire by 2025, then, they would be the most dump set of people I have ever seen. Yes, we can say life is all about risk, but we also have to understand that if you want to take risk, it is always better to take risks that are very calculated and you can always bare the outcome if it turns negative, which is the idea of managing a risk. Once you are investing, you know where you stand, the possibilities of seeing two different outcomes, and whichever way, if it is negative, you still can live your life without getting affected or going bankrupt, and if positive, you have a lot to be thankful for with what you are worth. |
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I think it's a double-edged sword where you or the casino, in this case, the bookmaker, is at risk, of losing or winning. If you managed to try it, it's not always bad but having every bet losing? It's a low chance event, but it could happen still. As you said, it's a lesson that everyone should understand and not just try immediately. If someone is planning to do it, try doing a calculated martingale or somewhat modified to your liking, not only directly multiplying by two.
The thing is that at the end long streaks of losses are bound to take you out eventually anyway as you keep trying to chase winning and then losing more just to recover the first. At the end you are more like doubling your chances of losing more every time you use the martingale strategy or any strategy at all when it comes to gambling. I like the fact that the OP also made mention of trading which I believe most people who trade today simply does not even have any strategy to trade at all, and with that they are just gambling, and if the strategy anyone would ever come with when it comes to trading is martingale strategy, they are just going to get ruined eventually, most especially if it is even marginal trading. |
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I always have a mindset that gambling is fun and entertaining, I used to played for profit but now I played for entertained myself, I like to share my point of view about gambling, but I afraid when I introduce gambling to someone who cant control himself or herself then it can become a problem, and I can become the one that make him/her become addicted
So in one my hand I'd like people to enjoy gambling but in one hand I afraid it can turned into disaster and I could the person that cause the person become addicted, so I kind of confused when someone come and asked me to teach or explained thing about gambling, should I teach them or I just ignore them? How can I teach or convince them that gambling is only for fun? Is it a wrong idea to teach or convince them to gamble for fun?
Not necessarily a wrong idea because if your purpose only for inviting them to gamble is to also make profit it is definitely have a point. Yet if you only want them to spend their money and profits to gambling and for them to give you some profit, of course it is a wrong idea. And we must all put in our mind that gambling isn't the key to earn. We must use this in short time only not for long term platform to earn. I would say actually giving people the wrong impression is something bad without letting them understand the risk involved and in that case, you might have yourself to blame in the long run if they tend to make the wrong decision based on what you informed them. Usually, everyone should be able to think on their own feet and know what they want to get involved in, but usually because of greed, they tend to just discard trying to keep in mind the risk but instead focus on the things they should not even be focusing on. Gambling is not even a profit making venture in the first place, so why would anyone want to listen to such if they are not thinking gambling will give them what is hard to find. |
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@rickadone. That is the common attitude in the cryptospace. But in the interest of discourse, how can we be that certain that bitcoin will go back to $20k, or how can we be certain that it will be bullish again? What if bitcoin now is in its fair price and will stay there for the next 50 years?
Well, in our life, nothing is guaranteed, and the thing we can always do is to be optimistic when at least you know there is still more possible room for growth. Take a look at how things have been over the years and the way adoption has been increasing, take a look at the fact that we keep seeing development every now and then and there could still be an opportunity for real life usage, hence, more demand, see the fact that the government can also see a way to want to regulate the space, and that brings more awareness, summing up all these means there is a possibility to see that happen, but you should know even at that, it does not mean we can see what exactly the future holds. |
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As we know due to high inflation economical situation is very unstable !
Now im if the dollar collapsing then how the bitcoin or other coins value will be calculated??
Lets say all the fiat money will be gone and crypto currency will be used how the bitcoin price will be calculatwd??
If the dollar is falling the USDT...virtual currency will be still the base currency for crypto?
If US Dollar drop the value, holder must be convert it to others investment or bitcoin. And if more people converting their USD to bitcoin, demand on bitcoin will increasing and the price will going up too. I am believe it will happen soon if we saw on fundamental analysis, US government debt very high and almost on their ceiling, it will make USD collapse We can even see the economic shift already happening globally. We all know how the US economy that has been dominant slipping down the growth ranking, with less influence daily over the global economy. Now, in the case of bitcoin, we would peradventure see people preferring to use a currency that would actually give them ease, give them access to a better way of doing things with enough freedom and with this thing in place, we will see power shifting gradually from some currencies that has become a global power due to the level of demand for them. Nevertheless, it would be hard to see the government want to give up control anyway. |
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1.3% is a joke, i don't think the value will be higer later on due to inflation. If we compared it to bitcoin then surely you can get better value for your money by putting your money into bitcoin. But why is the rate in your country so small and that's the highest? in my country you can get up to 5% for local currency and about 1% for dollar.
you are right, it is like having a low interest for such a long period, as they say, slowly but surely, but due to its term, there are no assurance that the amount of interest will be the same when it reached its maturity, that is why it is more acceptable to invest in bitcoin, there waiting period is not that long because of the volatility, that is why lot of investors are eyeing on crypto instead of investing in banks, though risky, the returns of investment is shorter than of banks If banks are even offering that huge interest rate, would we really have been complaining and apparently that would have even helped increase the amount of people that tend to save over the years. From my own side, I even get deducted for some bullshit services I did not even ask for rather than being given any interest on my savings and which is one of the reasons I have seen banks as shit holes where you save money, no benefit, nothing is guaranteed as you can even lose your money and then you are being controlled on how you want to spent your own goddamn earned money. Hence, thankful for this decentralized space and God bless Satoshi, whoever he is or they are. |
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