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301  Economy / Speculation / Re: Bitcoin 2020 Halving on: March 14, 2019, 07:54:37 PM
I still wonder how the difficulty will be like, I know it will affect the miners in a bad way and that is why the price should go up but the idea that price should go up because of the difficulty increase isn't really that logical.

I mean think about it if you have 1 difficulty and mine 1 bitcoin when difficulty increases to 2 (I know its not difficulty that is increasing its rewards halving) and mine 0.5 than there is no point of keep mining so people will leave which will make difficulty drop again. So, all in all I feel like when halving happens and miners make less money some of them will leave and when they leave difficulty will drop and when difficulty drops the amount of money you make could stay same or not change at all.

Instead of mining 2 and getting 1 you will mine 1 and get 0.5 which if you double is the same. I think all this comes down to how many miners will leave when halving happens, if not many than yeah price could increase but if many leaves than price could stay same.
302  Economy / Speculation / Re: Bitcoin Price Could Sink to $1,850 Despite Bullish Crypto Momentum on: March 14, 2019, 06:37:53 PM
Oh no Angry I really really don want to experience another steep wild downfall. It is really painful when seeing my savings are melting down. In recent times, this types of topics got reduced in numbers but again seeing one and spreading enough FUDs. Other than support and resistance details, there is no enough things were stated for justifying why it may fall down to $1850. It seems that they want to match up with the price levels happened in January 2015 but in 10fold. After experiencing more than a year of downfall markets, I guess I will still hold tight my bitcoins to face "anything". Still, praying to God, like most other speculation, this too must go "actionless".
303  Economy / Speculation / Re: Why does Binance seem to fluctuate more than Coinbase? on: March 14, 2019, 11:54:57 AM
High volume reasons. First of all coinbase doesn't have foreign money going in there all the time, maybe a small part of it is non-usa but almost all the money in coinbase is basically just Americans buying and selling stuff which is why there isn't much change in coinbase, there isn't enough involvement and hype and volume to actually make a change.

Moreover, if you look at binance yeah there is btc-usdt pair there which allows you to at least hold something that is dollar based (even though not dollar exactly) and it moves more because the volume is high and there is always someone buying and selling with huge numbers there, if you have 500 million dollars (I know its a lot but it had happened before) would you prefer to do it on low volume place and destroy the market or would you trade it on high volume and hope it doesn't affect thanks to the high volume?
304  Economy / Speculation / Re: Bitcoin number of transactions all time high?? BEAR MARKET IS GONE! on: March 14, 2019, 11:21:09 AM
Another important piece of information among all of this is that the transaction fee dropped as well. Now think about it when the transactions were at all time high during December 2017 there were a lot of people spending insane amount of money just to get their money sent.

I have literally seen people send 700 dollars to my account with 33 dollars transaction fee, that was the highest I have seen and that was legit because otherwise it would have taken so long to reach to me. Now in today's world we are almost at the same place yet people spend like 1-2 dollars at most for the same transaction which is amazing considering the high fee was one of the reason why we dropped.

We couldn't sustain the 20 thousand dollar times because people started to pay higher fee's than banks and that is literally against why bitcoin was created, now that we are back on track I think its not the reason why we will go back to 20 thousand dollars but at least its a reason why we will not drop from 20 thousand dollars next time around. Could be a different reason to drop but won't be fee's.
305  Economy / Trading Discussion / Re: why do Banks ask for income source for bitcoin sold payment on: March 13, 2019, 09:17:17 PM
Cross border fiat transactions are always riskier as it may trigger the flags which are related to money laundering. I guess lawyers from Singapore may help you better still I do believe there would be decent number of Singapore people here but not sure about their knowledge on legal issues. Better ask your cousin to contact lawyers in Singapore.
306  Economy / Trading Discussion / Re: 95% OF YOU Will Fail Trading: Learn how to overcome this stat on: March 13, 2019, 06:58:20 PM
99% of traders will fail if they feel lazy to do their own due diligence and when looking for quick profits through day-trading kind of approaches Wink. No surprises on seeing this topic Tongue.

There are well prescribed methods and approaches are available for every markets and when traders are not ready to follow them then they might be getting ready to write their own fate by themselves. Similarly crypto market is known for easy and massive profits in long term. I am sure when traders target long term then there will be more than 95% chances and the remaining 5% is based on your selecting criteria of projects.
307  Economy / Trading Discussion / Re: If you have to buy cryptocurrency for 10.000USD today.... on: March 13, 2019, 05:11:53 PM
IOTA during bull, BTC during bear? I mean IOTA is not a bad one I agree but I never really owned a single one so I would prefer to go with Bitcoin.

Not because IOTA is bad, it is definitely decent and looking at marketcap it is certainly loved by many people but all in all I really don't know much about it. I mean what are they really doing to make a big difference in crypto world, they are basically internet of things so it is helpful for the people but is it really making enough big changes to support the price they are right now?

I would go with bitcoin because I know what it is and I know how much it worth and I know what it can do, I am knowledgeable about it, would rather go with the one I know and used instead of something I am still not really informed well about.
308  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency is too complicated on: March 13, 2019, 03:44:36 PM
I think it is not that difficult, the difficult part of transactions are not the blockchain or the cryptocurrency it is the system we buy and sell bitcoins for. If you have to go to your bank and tell them to send money to coinbase for example or even if you use online banking and need to send money to coinbase that is a whole lot of work that will make sure many people won't even use bitcoin, they will stop at the very first step.

Lets assume they managed to send money to coinbase than wait until coinbase credits them than they will have to buy bitcoin with the dollars they have in their account. Than find someones bitcoin address, go to coinbase say withdraw and than put the wallet address there and withdraw. That is a whole lot of work to just send bitcoin to someone. However, if you just simply make it qr to qr mobile payment type deal than it will be so easy that banks will never look back on their old systems.
309  Alternate cryptocurrencies / Altcoin Discussion / Re: My Experince | Managers Are The Major Reasons Why Bounties Are Mis-Managed on: March 13, 2019, 03:09:02 PM
You said most of the bounties are mismanaged because of the bad managers but aside from the first paragraph all I see is the founders and owners of the ICO's are the actual reasons of why bounties fail and why there are multiple horrible bounties. When the manager doesn't get paid than he can't pay the people he is managing neither. That is why I think the title is a wee bit misleading or we could at least fix it by saying managers are usually a pain in the ass but the owners of the product is the main reason why bounties fail.

I would rather work POST-ICO than pre-ICO as well but all in all post-ICO bounties are usually quite strict and demanding, many people actually even prefer companies over bounties, work for a company that is well established by doing something they are looking for and let the ICO crew deal with whatever they want.
310  Economy / Economics / Re: If you want to be rich..! on: March 13, 2019, 02:37:59 PM
You can't have 4-5 different sources of income, that is stretching the system too thin, if you mean stuff like 5 different stocks that works but if you mean something like stocks plus crypto plus 3 more things than you are really thinking people have enough money to actually invest into 5 different things.

One of the problems of our generation is that we barely have enough money to live as it is. For example I have to keep working tirelessly just to make ends meet and I have barely have enough money to invest into bitcoin which I know will not any different, I need to see bitcoin go to a million dollars to maybe have a chance to buy a house to begin with. So, saving and investing is not an option for many of us let alone invest into 5 different sources of income.
311  Economy / Economics / Re: Bitcoin has no practical use and could be damaging to the economy! on: March 13, 2019, 07:03:39 AM
From the current political scenarios happening right now in India, they are not interested in bringing a conclusion about cryptocurrencies and its regulation due to their upcoming elections. Still, the current government is notifying to their judicial people that they are about to finish up their regulations for the case filed by exchange operators on issue of their federal bank closed banking operations for Indian crypto exchanges last June 2018. It is very clear that their government is taking time by delaying things like forming committee to study cryptos but nothing more.


Hey OP, kindly edit the subject line of this topic. It is clearly misleading. At least add something like "Indian guy/analyst say.." or anything relevant to that. Thanks for understating and for your time.
312  Economy / Economics / Re: Chinese rating cryptocurrency on: March 12, 2019, 05:47:56 PM
Honestly, I do not believe that Chinese see this ranking as legit at all.

If it was really ranked this way in the eyes of chines businessman that invest into crypto than I would say this list has an importance to it and we should care because after all china is a big market anywhere in the world after USA and its important to listen to what Chinese people have to say about crypto but the difference between listening to Chinese and china is big.

If you listen to Chinese people you basically care about the second biggest market in the world but if you listen to china you are just listening an authocratic tryanny that is ruling over peoples lives with an iron fist and caring about not the people but the propaganda of that government. Hence this list has no weight in on Chinese peoples thoughts.
313  Economy / Economics / Re: Study says 79% of cryptocurrency event attendees are men on: March 12, 2019, 05:00:44 PM
There is also the fact that when some place is heavily packed with men its harder for women to enter the space as well. When you have a 20% women population somewhere other women are a bit scared to join in because they are afraid they will be targets for men talk. Not in the sense that cat calling or something don't get me wrong, in the sense that men talk with each other or when they try to talk with women they try to either see them as inferior on the subject or have other reasons to talk, so they are not seen as reputable as men unless they are actually in a position of power.

Go to any tourism related event and you will see plenty of women because its a heavily women oriented sector and women have a voice in there. Why go a place to gain a voice when you can go to a place where you already have a voice.
314  Economy / Gambling discussion / Re: Best Gambling Sites to use Bitcoins on: March 12, 2019, 04:05:09 PM
There is also poker which I understand less people like but its really good. SwC is by far the best poker website in crypto world, it provides both wisdom on poker and also crypto, they are really bringing all their talents to the website.

I think its a bit smaller than all others we have named because it is just a niche game compared to others, there is also plenty of different pokers so maybe texas holdem could be always packed there because its loved by more people whereas some weird named poker would be not so much and would have few people playing not even filling a table but they still have that option which is what really matters.

Also, bustabit is a very known and highly wagered game, people love it and play there all the time and its another different style of game but very trusted.
315  Economy / Gambling / Re: StackGambler -- A new cryptocurrency gambling YouTube channel! on: March 12, 2019, 02:39:51 PM
I gotta say the name is very catchy to begin with, I know that is probably the last thing you would like to hear about your channel since the content is more important but I just wanted to let you know I really liked the name.

After that I have checked the videos and sometimes the videos drag a bit too long, like that 0.03 to 0.3 challenge, it is 20 minutes with absolutely nothing to keep you entertained, I just watched the first few moments and jumped straight to end to watch the end, yeah there are youtube videos at 20 minutes or longer but they do something to keep your attention, this doesn't keep my attention at all so it could be a lot short.

Try to edit the video in a way that it shows the highlights instead of bigger longer videos, I know you gotta be over 10 minutes to get advertisement (which I doubt you can right now anyway) but that means half the 20 minute video so it could still be edited.
316  Economy / Gambling discussion / Re: Will an increase in bitcoin price affect the gambling industry on: March 12, 2019, 01:52:32 PM
In dollar terms ? I don't think so. In bitcoin terms ? Sure. As long as bitcoin price goes up the amount of bitcoin gambled will eventually start to go down, I remember we used to gamble with couple bitcoins on martingale like it was nothing because it really didn't mean nothing but very few people have the money and balls to do such thing now.

Moreover, if you look at the dollar value of how much they win/lose than I doubt it will have a difference, someone betting 50 bucks on a sports game will bet 50 bucks on that game no matter if that is 1 bitcoin or 1 satoshi.

Faucets maybe will be need to changed into a new amount since the price changed but I doubt anything else will be needed to change. Gamblers do not use x amount of bitcoin as their basis, they use dollars for it hence why it shouldn't really matter.
317  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will EOS fly to the moon like BNB soon?! on: March 12, 2019, 12:53:44 PM
EOS has been getting super attention during this bear times, for the past year all I have heard was eos this and eos that and so forth. I don't know if it will go to moon anytime soon but it has made itself a solid place among the top coins for sure and that only means it can go to moon when the whole market is green.

If you think a coin will go to moon all by itself while the market is like this than it should be a rare occasion, it does happen but not that frequently, on the other hand if you think market will go green than eos could go even higher than others all by itself, its hard to go 100% all by yourself while other coins stay same but its easier to go 100% if others went 50%. That is what eos will do I believe, go high when others go high but beat them on the %.
318  Economy / Trading Discussion / Re: What do you think should I buy for 1 year? on: March 12, 2019, 10:06:38 AM
I came to the conclusion that I need to buy something for $1000. This is not an important amount for me, but at the same time, I want to come home and with probability to raise this amount.
This must be a great decision that you have chosen cryptos for your investments and you are good and capable of identifying your excess money. I guess you must invest within bitcoin but at the same time you must need more than one year time to get some good returns. In my speculation, you must wait at least 2 years of time to see 10x growth for your capital. This does not mean that in 1 year time, you will get 5x growth. Please remember bitcoin had achieved $10k to ~$20k in less than 30 days.

I want to hear the opinion of experienced people, it will also be interesting to look at this topic in a year. Who advised what)
In one year of time, I am sure you can see bitcoin above $10k levels. It means you may get 3x return for your capital. I myself want to see how accurate my prediction on bitcoin price levels. Hope, you come back and bump this topic after one year.
319  Economy / Trading Discussion / Re: How to Trade cryptocurrencies comfortably with profit on: March 11, 2019, 05:57:31 PM
Keeping calm while you trade is really hard to implement. I may agree that having a mind set will probably help you reduce panic when your entry isn't the way it supposed to be. But when you do have a patience, you still earn some profit even the situation wasn't that as expected.
When I made up my mind to choose the line of trading and I decided to go for the proper training, my mentor said one thing to me, he said, never you go into trading when you are not mentally and emotionally prepared for it and how can you be mentally and emotional be prepared.

Never see trading as a get rich quick scheme even when it eventually does, never see it as a matter of life and death and never trade with money you cannot afford to lose and lastly, see every failure as an experience to learn more. With this, we can be patient enough when trading till we are able to become a professional trader, then we can invest more into it.
Yes, I believe experience is the key here. You have to trade and trade and trade and trade in order to see which trade was a bad trade and which trade was a good trade and why were the bad one was bad and why was the good one was good. As long as you keep trading there is a potential of losing your money and that is a risk you take but with more reading, more research and more trading you try and find the best way to trade and you get better at it.

You can't just become a good trader in one day, even if you find a way that is actually good, you need to improve yourself and not just the method you are using. Both of them getting to a point where you can trade crypto currencies comfortably with profit only happens with time and you will see your results getting better and better with each passing day.
320  Economy / Speculation / Re: Do you have a prediction? on: March 11, 2019, 04:06:03 PM
Do we really fear the bull will not come anytime soon ? Like I know it may not come tomorrow but is there really anyone doubting which direction we will go from here on out ? There is really just three directions something like crypto market can go, either up or down or stay same. If you look at it, it basically stays the same and it has been like that for a long long time, now there is two options left to move from, when you are staying same the next thing needs to be either going down or up.

I really doubt anyone thinks we will move even further down from here, I think most people, almost all people know that we will go up from here. However the biggest question, the million dollar question is, when will that happen? Will it happen tomorrow or will it happen in 2020? Nobody really knows but if we can find that out we will start seeing bitcoin going really high once again.
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