Can't agree those who say best advice was: Don't invest more than you can't afford. I totally disagree this, if you don't invest more, then your profit will be low and if you invest more than you can't afford to lose, then profit will be dramatic. But at the same time risks rise on this last one but those who don't risk, don't get anything. It acts now like I wrote new advice here, will be curious if someone quote it and say it's great advice.
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OP, it might be a trap, whatever their game is. Why would the bank of China educate the people about Bitcoin? Bitcoin is a takeover, they don't want people in their country using it. Or is the Bank of China HODLING? I bet they don't need hodling but who knows what they do. Btw there is another interestin subject, what will usa do? They don't like when china takes control on something and USA is also product of it. And if we consider the fact that Tramp isn't fan of bitcoin, will they ban it if china improves their control over it or will USA turn into this "war" or call it something different. Btw this is very strange situation, once they wanted to ban bitcoin and now want to make it popular? People and especially in government/banks, don't change their mind so easily and also don't do anything without commercial benefit.
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I don't know developers who will dedicately work for you but maybe you'll find good ones on envato, contact them and try to get them involved in your dice developers team or just make them to built script for you. On another hand, if you want finished scripts, there is one great website for that: overfeat.com <-- Really amazing scripts, also I know at least two website with ANN thread here already use their script.
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Usually, trading is more profitable than holding, but it is the riskiest way too. If you haven't a good experience and knowledge you can easily risk losing big amounts by trading, the profit isn't guaranteed. Holding is also risky, but generally it is safer when you hold the most powerful cryptocurrencies.
Well, if you can trade so well to guess predictions, of course it will provide you with far more profit but holding is a little bit riskier and in most cases more beneficial than trading. There are a lot of people who trade and lose but there are also a lot of people who hold and instead of lose, they win because in overall price of bitcoin rises. In trading you hope to get some profit from daily activities which includes exchanges.
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For me the unforgettable gambling story is the period when I was actively betting in sports, especially on soccer. I was watching every matches, reading analyze of games, also once I decided to create thread here and had very successful results but then stopped because I had no time for betting, when I was betting, I actually had free time. The reason why this moment is unforgettable for me is that at the moment I won 150$ in 0.1$, imagine how great odds I had in overall, nearly 1500, wish I would bet 1$ and higher. Also that day I won 60$ on 0.15$ freebet. That week I wasn't losing.
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Is dental services so cheap in Budapest? Didn't know, btw there are really some countries where people go for that and also for hair transplant because these both service costs a lot in major countries. It's nice they accepted bitcoin, maybe a better payment way for international customers but still it will be interesting to see how much demand will be on that. You know we are happy because of bitcoin integration but sometimes it happens that this integration doesn't come with great results.
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Hello, congrats new Casino and making ANN on this forum. As I see, you accept Bitcoin, Litecoin, Ethereum and Ripple but it's also shown that only bitcoin is available for withdrawal so if I deposit litecoin, what happens? Does it automatically converts in bitcoin and then I'm able to withdraw? I think you have to fix this because to my mind seems very uncomfortable for players who prefer altcoins over bitcoin. On another hand website is nice, wish you luck. Consider signature campaign in future, this helps companies a lot, that's how history of very famous casinos have started.
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Of course very poor argument that bitcoin is the key of money laundering. They want to make bitcoin like a reason of terrorism, money laundering and all kind of illegal things, they act like bitcoins is the reason of everything bad and banks are gifts given from heaven while in reality there are some very known facts how Deutche bank and others laundered billions but they close their eyes on it. And there are even more money laundering facts via banks that we don't know.
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https://twitter.com/i/status/1154006471601991680So the government takes a loan from a bank, tells the bank they are going to pay them back and then some (not sure how that is possible, without getting more of a loan to get more into debt) Then the goverment owes the bank for doing this? As you see, almost every country has loan from each other which is a huge amount of money in overall, so how? Imagine we are 3 person and I have loan from you, then you have loan from person B and person C has loan of me. If we have loan of 50$ from each other, it can be considered as 0 but as we see, countries have really a huge amount of money as loan. So how is that possible? That's why I amn't fully against printing USD by USA, seems there isn't enough money in this world.
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OP the problem is that every strategy fails on long term, imagine you start gambling now with your strategy, gain some profit, then what to do? There are two options: 1. Withdraw money from casino and never return to it back 2. Withdraw money and then continue gambling sometimes. If you choose second one, you'll lose in overall because strategies fail on long term, it's just like that mathematically.
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Nope. It would finally put any doubts to bed but I don't believe it will ever happen. The idea of someone like Satoshi handing over his wee driving licence to sign up to Coinbase is about as likely as Donald Trump organising a photo shoot with him wearing a nappy and playfully wrestling leathermen in mountains of bubbles.
Would be interesting to see such Donald Trump, I'll die in laugh. It will be interesting to know which "satoshi" do you mean guys? There was one person claiming he owns those 1 million bitcoins and will sell them to fall price. But at the same time maybe it will be a good idea to ask troll Mcafee who is satoshi because as he claims, he knows it but he doesn't respond to that person who claims he owns one million bitcoin. Now let's return to reality, coin was created by satoshi, this is the crypto world which he created and the product of what we become.
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OP you aren't the first one who has that idea and to become popular and take your place in retail market, you need millions. It's very easy to buy nice theme on envato and then integrate crypto payment gateway, even kid can to that but there is another, the most important task, how you promote your business to get customers. Also imagine you have millions and did that, take your place among ebay, amazon, aliexpress and etc, you'll have serious issues from governments. Facebook created Libra and it's still under question what will happen around it, maybe Libra fail because seems USA doesn't like that and look at it like a danger for government. To my mind it's better to make something similar of purse.
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OP there is no need to post with texts increased in size. It's good and congrats that you get everything on top. Without fall you can't rise. You did what people advice here, learnt on mistakes. In overall such threads are always welcome, there are a lot of people who fail in trading, such threads really boost positive feelings and let us know what people who fail in trade aren't alone and there is a chance to learn on mistakes, it's like a motivation. Thanks and wish you all the best.
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From where does 42k comes? Why 42k and not 41.9? Oh man. At the moment no one can say that bitcoin can go up to 40K, in near future no one knows what will happen, maybe it will, maybe not because as you see, recently India banned bitcoin mine/use, what if other countries follow that rule? If you say that price will rise because it will be hard to obtain, then you are in mistake, less demand will result in low price, it's not something that people will go on risk for jail but of course VPN exist here to solve that problem if other countries follow to India which will be more likely illogical but who knows, maybe Trump will follow them, his thoughts are insane. On another hand, this is like a gold rule, bitcoin will always surpass once it's all time high, so to my mind higher than 20K is guaranteed, at least I think so.
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To be fair I'm in stuck, don't know if I have to like this or not because bitcoin is great creation, it was amazing at start when it wasn't so popular. It's spelling when only some people know amazing thing but when it gets widely known, usually that get's abused and it's spell starts to disappear. But still it's nice at some point that more and more people start using of bitcoin and more are seeing innovative things. But these regulations, bans (like India did, jail for bitcoin use) ruins every positive feelings.
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I want to mention that trading is not for everyone like politics, business and etc. Some people are family guy and prefer to stick with it and others prefer to be involved in activities as much as possible. Some people prefer to earn normal salary with their work while others prefer to earn as much as possible and conquer world. Not everyone is as ambicious as Trampand not everyone is average guy, you know what I mean. So why I wrote all of this is that trading isn't for everyone and also in trading I profit because you lose. Everyone can't control emotions, doesn't matter you want or not, human produces some hormons when something happens. When you profit you are more happy and when you lose, you are anxious. During profit, your brain rewards you with dopamine and during loss, you feel stress. You have to overcome all of this and try to get independent from your emotions which everyone can't to do.
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According to a recent bill's draft: "India has proposed a jail term of one to ten years for those who mine, hold or sell cryptocurrencies."
I was wondering how someone could say that 'A' is holding 'X' amount of bitcoins in his address 'Y'. What if the person generated the wallet and learned the passphrase leaving behind no physical evidence of the ownership of the address. At that point, it would just be an address with a balance on the blockchain ledger. Or if he just made the backup of private keys on a paper and destroyed it upon inspection (having a backup somewhere else). How is the government going to track down who's holding at what address? That's just stupid.
Similarly, they can't impose a ban on mining as it is just a computer software and blockchain protocol cannot be blocked by the government.
What do you think? Would the govt. be able to catch someone who violates this?
At first I thought your post was based on rumor but oh, what did I see: https://www.coindesk.com/indian-panel-proposes-ban-and-jail-time-for-cryptocurrency-useThey really proposed jail for cryptocurrency use, that's shame. Can't understand what's wrong with it, then ban any VPN/Proxy provider, set jail on them too if you are so afraid but is that a deal? Don't they know that everytime you limit someone to use something, he/she finds another way which will be better and harder for you to detect. Curious to know what will happen in practice.
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If you still need to choose between Bitcoin and ethereum, then in the near future I hope to get a very good profit thanks to ethereum. My assumptions are based on the fact that I compare the price level of the beginning of 2018 today. If you focus on the price of Bitcoin, then ethereum should still be higher than the price you have today, based on the indicators of Bitcoin. Based on this, I believe that maybe by the end of this year I will be able to increase my funds at least three times.
This isn't thread about bitcoin vs ethereum for profit, question is it's better to hold many coins or not. Answer on this question is very individual because there are some people who can handle a lot of problems and there are somes who try their best to avoid them. Everything depends on how vigorous you are and how can you manage your time. If you can't do much work at the same time, better to hold few coins. It's always best option to make 2 successful step than 10 unsuccessful or if you can do 2 successful and also 10 successful, then you know it's better to choose 10 step. I didn't answer it directly but I think my answer is clear.
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Is your goal to create something that pays for it self by harnessing solar power and old outdated equipment and spreading the profit after expenses is paid, via a Lottery type system? I do not get the lottery connection to this project? It would be nice if something like this could be done, where people donate old miners and GPU's to a mining farm, powered with cheap renewable energy and that the proceeds be donated to some cause that pays for projects that helps to increase Bitcoin adoption. <Like Gavin's faucet, back in the day.> <They will obviously have to mine Alt coins> I thought I am the only one who didn't understand what's the connection between this project and word lottery. I think it's lottery because your chance of catching/mining block is very low. On another hand it's a total waste of time and reward won't be much, how much time will you mine that way? Years? For what? Not a wise option op. If you are able to generate solar energy and you use it for a fruitless mining endeavor, you are in fact losing money as you could be using that energy to reduce your electricity bill or selling it to the provider to make some cash.
To sell electricity energy, you have to produce massive energy, enough for 1000 and more people.
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Yeah, recently there are lot of crypto exchange hacks, money steal by using phishing and etc which in overall results in increased crypto crimes but also at the same time there are lot of crypto criminals punished. Some people were got in jail for money laundering, also lately bittrex or bitfinex (can't remember) refunded some stolen money which was found lately. Seems it's not so hard to detect criminals despite the fact that cryptocurrencies offer better anonimity, so in overall it's good because such things negatively affect the image of bitcoin and other cryptocurrencies.
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