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301  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 09, 2018, 09:43:50 PM
Jack Wilshere is officially moving to West Ham United. Not a good time to leave Arsenal but its his wish.

Why would Nepoli want Benzema when they have Insigne and Mertens?
I'm thankful for everything he's done, but it's time to go, he is a forward but his numbers have been terrible over the last couple of years.
Morata should have stayed and Benzema should have left, that kid was shadowed by Benzema, and Benzema hardly did anything. Benzema used to be good, I remember, but most of the goals he scores now are mere fluke.

More news: Luis Enrique is the new manager of Spain. Wow looks like I am a little late to declare the news. Sad
302  Economy / Economics / Re: Bitcoin contribution to World' income on: July 08, 2018, 10:56:34 PM
Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.
I am really late into the discussion, and one thing you need to know is: Bitcoin is not considered as a currency anywhere, but an asset. Returns from assets are profits and losses and they are not counted as income. They are counted as capital gains. Which is why bitcoin's taxes are only filed on capital gains and is not part of the Income Tax. So the whole statistic cannot be counted as valid.
303  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 08, 2018, 04:13:52 PM
I just saw that Buffon is officially going to PSG. Why? They already have Areola, don't they? PSG is already OP, and now they want the best goal keeper? Talk throwing money away. It'd be really sad, if PSG win no titles even with the best players.

About ronaldo's issue, he felt like so bad that his Real devalued him from 1 Billion to a 100 Million. He even said that, 'Real doesn't love me anymore". I had a good laugh on that, and why are Juventus fans celebrating about Ronaldo's possibilities of joining Juventus?

PSG are going to sell a bunch of Buffon jerseys and other accessories which will make them a lot of cash. Buffon is old and I wouldn't regard him as the best goal keeper at the moment. I think PSG signed Buffon as a marketing move to attract more fans of the Italian. That's all.
Juventus are doing the same with Ronaldo. He will be their cash cow.
Seems the situation with Rolando at least. Juventus stock price raised from 0.68 to 0.88 Euros,just by spreading the word of the possibility of Ronaldo moving to Juventus. A lot of shit is happening and Ronaldo is just not happy with it. And best part is, real is planning to have a horrible send off party for him. Lol
304  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 07, 2018, 11:42:17 PM
I just saw that Buffon is officially going to PSG. Why? They already have Areola, don't they? PSG is already OP, and now they want the best goal keeper? Talk throwing money away. It'd be really sad, if PSG win no titles even with the best players.

About ronaldo's issue, he felt like so bad that his Real devalued him from 1 Billion to a 100 Million. He even said that, 'Real doesn't love me anymore". I had a good laugh on that, and why are Juventus fans celebrating about Ronaldo's possibilities of joining Juventus?
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306  Economy / Economics / Re: Banking is Dead… Long live Blockchain Banking! on: July 04, 2018, 11:56:39 PM
Banks can not afford increasing expenditure of the old technology anymore they will have to adapt to the change.
Banks have more than enough money than you think and they already have adopted to change and are constantly changing their tech.
A lot of organizations around the world are already experimenting with this technology.
Yeah, not related to banks. They are experimenting for their own business ideas and not to replace banks. Companies need banks.
307  Economy / Economics / Re: CAN WE SAY THE MARKETCAP OF BITCOIN IS FALSE?? on: July 04, 2018, 11:54:35 PM
Am just scared if Whales decide to convert Bitcoin to Fiat. Will Tether keep printing more Tether to circulation?.
If whales do convert bitcoin to fiat, there's nothing to be afraid of. Irrelevant to what you're talking about.

And yes, bitfinex will keep printing more tether, because they are shady as fuck.
308  Bitcoin / Bitcoin Technical Support / Re: Mining capacity v Transaction speed on: July 04, 2018, 11:38:54 PM
If we have this huge pool of miners out there, then why are transaction speeds so slow?  Surely the more miners, the faster it should go.  If not, there is something fundamentally wrong with the algorithm.
Do you know the difficulty of bitcoin mining? More the people mine bitcoin, more becomes the difficulty. And now, segwit and lightning network are helping out transactions to be processed more faster. Read up on that and you'll know how. And satoshi created the algorithm, how dare you question him? Angry Just kidding,but there's nothing wrong with the algorithm. There are updates to that. Example: segwit.
309  Economy / Economics / Re: The influence of hackers on the movement of price is crypto-currency. on: July 04, 2018, 11:24:39 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These cryptо currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?
These hackers aren't stupid. They know what they are up against and they won't sell immediately. And hackers don't affect the price ffs. Demand and supply determine the prices, and a lot of factors affect the price. Hackers can also be investors, who may be involved in influencing the price. Hackers don't immediately sell their crypto off. They first protect their asses.
There aren't so massive hacks as you talk so their affect is very, very minimal. It also depends how they exchange the coins. For example if they stole a lot of bitcoin and exchanged immediately, of course it will have very low affect on price but if this process continues for weeks or months, that's not a big deal. Also concider that some amount of that bitcoin is always saved, who knows what will happen and how will price skyrockets?
You realize that bithumb was hacked recently right?

This is a recent one and it's about Binance exchange that recently sold 1 SYS to 96 bitcoin and thousands of bitcoins has been withdrawn(correct me if I'm wrong on this one) it's on investigation now.
Binance got hacked? I found an article about this and the status is unconfirmed.

Article: https://stocksgazette.com/2018/07/03/binance-potentially-hacked-for-45-million-announces-unplanned-maintenance/
310  Economy / Economics / Re: Security issues relating to Private Keys storage on: July 04, 2018, 11:18:41 PM
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!
Why the fuck would anyone have their private keys in a cloud storage? Might as well deposit a million dollars in an exchange and get your account blocked or even invest in a scam.

Store your private keys and other important stuff in an offline data storage, like a USB drive. That's the easiest way. Have your working antivirus installed in your pc all the time and be careful on which websites you visit and just don't get phished.
311  Bitcoin / Bitcoin Discussion / Re: Kryptowalut and Bitcoin is a financial pyramid? on: July 04, 2018, 10:36:08 PM
I come from Poland. Today on television I saw an advertisement in which they said that kryptowalut and Bitcoin is a financial pyramid. They said that in a moment the bubble would break and investors would be left without capital. It was a advertisement financed by the government and the police. Why is this happening? It is quite depressing.

On the other hand, Bitcoin ATMs appeared in hypermarkets. Strange true? Huh
Do you honestly still believe in advertisements? Look, no matter what media says, you gotta do your own due diligence before believing in anything. And people are still speculating whether or not bitcoin is a buuble, they are even speculating if the world is flat or not. So you'll never get one proper answer, because all you will get is opinions.  Bitcoin is not a financial pyramid, I can tell you that. This is what financial pyramid means:

A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.


There are ATMs in Poland and not in more famous countries? I am so mad now. 
312  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 04, 2018, 10:28:06 PM
Dybala plays behind the forward as some sort of attacking midfielder (or sometimes next to Higuain, but you don't see him often inside the 18-yard box), so I don't think he's going to be replaced by C.Ronaldo in that position. Dybala will stay in Juventus, I think the club is looking to sell Higuain (been reading some rumours about him leaving the club this summer), that's why they want Cr7.
Thank goodness that Dybala is staying. Dybala either plays as a second striker or as a CAM(?). Mostly I see him playing as a traditional forward.

About Ronaldo, even if Juventus is rooting for Ronaldo, he mostly won't go there because of only 100 Million Euros, especially when PSG bought neymar for more than 200 mil. Weren't PSG also rooting for Ronaldo? I could see why Ronaldo wants to move, but Real is the best place for him(and for me, I don't want that sneaky piece of shit in Juventus or in PSG)
313  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: July 03, 2018, 11:56:22 PM
who knows what is true or just a rumors but this is what is currently trending also some spanish tv show called Jugones says that Ronaldo is allowed to leave for with  €100 million from Juve, it's rumored that juve offering him  €30 million a year contract untill 2022 while Real Madrid had quick response over the  €310 million they offered to Neymar with denial and they didn't mention anything about Ronaldo rumors. so i think there is great possibility for him to leave but maybe not for Juve i think they are going to include him with neymar deal with PSG because in my opinion there is no smoke without a fire or it's just Adidas is pulling the shots here as they are planning to sponsor him and bring him up under a new Juventus shirt.
So maybe this is the year we see Ronaldo with another team specially when already sad after Champiosleague final he is thinking about moving.
I heard about those rumors too. I swear if Ronaldo ever goes to Juventus, it would no longer be my fav team, because he would take dybala's spotlight for sure. PSG would be my next favorite team. Is Dybala going to someother team? Haven't checked up on that. But just €100 Million for Ronaldo sounds malicious. Maybe this rumor would end as a rumor and rumor only. A lot has been going about Ronaldo's transfers and the possibilities of him leaving are more.

Just heard that Socratis has been transfered to Arsenal.
314  Bitcoin / Bitcoin Discussion / Re: Do businesses/vendors that accept crypto HODL or SELL? on: July 03, 2018, 11:26:19 PM
What do you think vendors who accept cryptocurrency as payment (for non crypto services - just your everyday coffee shops & retailers) do with the digital assets - HODL VS SELL? Its easy for traders and independent investors to hodl and stay put during the volatile times. But businesses have monthly expenses to upkeep id imagine it is very hard for them to stay operationally stable if their main source of revenue came from a highly volatile asset; 10 cups of coffee are worth 50$; the coffee is paid for in BTC, two days later the same BTC is only worth 30$ and they just lost 20$ on the sale, i could see this being very problematic in the efforts to increase the mainstream adoption of cryptocurrency.
They obviously sell it off. From a business point of view, they should sell it because like it or not, most vendors that accept crypto as a payment just do it to attract people,as a marketing strategy. Hodling is not a business thing,its an investor type of thing. Although it may differ depending upon the type of business. If it is large scale business, they would have a tie up with bitcoin buyers and banks, and whatever payment they receive is immediately cashed out. But if its like a small business like say a grocery shop, and if he really is a crypto-enthusiast, he'd not sell now, but later when the market is bullish. He would be thinking as a grocery shop owner and as an individual investor/trader and will do what would be the best for his business.
315  Economy / Gambling discussion / Re: What are some unique advantages of online gambling ? on: July 03, 2018, 10:56:49 PM
I will start with one to begin the discussion. If you are putting huge amounts at stake and want to keep identity private, online gamblign comes as a boon.
There are crypto and non crypto gambling sites that exist if I am not mistaken. Crypto would be a better option,if one had to chose between normal/traditional online gambling sites and crypto gambling sites. Now comparing overall online gambling to real life gambling, here's what the main difference would be:

People under 18 can gamble online without having to reveal their identity.

If you live in Las Vegas, then gambling in real life would be more fun than gambling online with a bunch of suckers. Tongue

If you live in a dumpster country which is too poor to have a real casino, then you can only gamble online.

The new generation dumbasses would prefer to gamble online than to go to a real casino and gamble. Whereas the old drunk hipsters would go to a real casino and lose their money.

Either way, gambling would make you more of a jackass than making you "rich".
316  Bitcoin / Bitcoin Discussion / Re: Thailand Legalize Crypto currency on: July 03, 2018, 09:20:17 PM
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
They are only legalizing 7 cryptos: bitcoin, ethereum, bitcoin cash, ethereum classic, litecoin, ripple, and stellar. Except for China, US and a few other countries,the majority hasn't passed any laws that is bad towards crypto growth. Governments are just trying to protect their citizens from getting ripped by scammy ICOs. Crypto and tourism are so not related. Please don't make yourself sound more stupid than you actually are.
317  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 02, 2018, 11:39:16 PM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
Less than 1% of the world countries have banned crypto. A lot of countries came up with a solution to the tax problem, they have taxes on capital gains rather than having taxes on crypto itself. Countries may not like crypto, because they don't know much about it. They are blindfolded because of the fucking ICOs that have done nothing but scam. You can't blame the governments here, they are trying to protect their citizens from getting scammed.
318  Economy / Speculation / Re: Bitcoin price going up or down on: July 02, 2018, 11:08:07 PM
Now past 30 to 40 days Bitcoin is moving between $6,400 to $5,900.   Huh

What do you think Bitcoin price will go up or down ??
Dude. You're such a troll.

Nonetheless,I just came to knowledge that the fees have gone up due to floods in china which has caused heavy damage on crypto-mining operations. The BitHumb hack is still being the core excuse for panic selling, and people just don't like the price being low. How will they make free money otherwise? Roll Eyes
319  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a coin with nothing backing it up? Price of it leading forward? on: July 02, 2018, 10:40:12 PM
So you guys think that BTC as one of the crypto which is not backed by anything and also doesn't provide any service or value will increase in it's value?
As a crypto enthusiast, I really want to believe that bitcoin will recover and go back as I also hodl alts whos price is directly correlated to the price of BTC which is a very big disadvantage of crypto in general.
Bitcoin is a coin with nothing backing it up? Price of it leading forward?
The fuck? You really aren't a crypto enthusiast. I bet you don't even know what that means. Bitcoin has the whole market backing it up, if it had no backing up, the price won't even be a dollar. Bitcoin is not backed by insurance or other monetary assets, but there's no need for it to be backed up. You're thinking like a stock market person, you're seeing the worth and other bullshit, but bitcoin is decentralized for a fucking reason, just read it about it man. You brain might just end up working.
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