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3101  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Altcoins Bounty Hunters are almost alone! on: January 26, 2020, 04:02:29 PM
But look at the altcoin section, no one is here to support you to find a better project, everyone keeps suggesting research yourself, even if your well researched successful project not paying you, still they won't support you! So, from yesterday, I started thinking that Altcoin bounty hunters are very alone! Some guy is working to catch scammers but no one is here to suggest you a better project!

You really blaming others for this!! Why should someone else spend their hours on researching every bounty to save you from getting scammed? It doesn't make any sense. Why not upgrade yourself to such knowledge that you can easily distinguish which bounty campaign looks scam and which ain't. Remember one thing, working smartly yields more than working hardly when it comes to bounty campaigns.
Also, few members try their best to point out scam projects in altcoin section. Try visiting 'Scam accusation' section sometimes and if you see name of any upcoming altcoin project there, just avoid its bounty too.
3102  Economy / Economics / Re: Goverments creating digital currencies - Threat or Opportunity? on: January 26, 2020, 03:36:23 PM
I don't like centralization.

The main idea of cryptocurrencies is to avoid centralization. If the government will be creating one, I don't like that. It is great that the government is now taking a stance at cryptocurrencies but for them make one? No.

Actually you are taking it into wrong sense. Governments creating their own cryptocurrencies is good for crypto market. It shows that the concept of cryptocurrencies is strong and foolproof that even government is ready to adopt it. This will attract more investors towards cryptocurrencies especially bitcoin which is most famous cryptocurrency.

On the other hand, it possesses no harm to existing decentralized cryptocurrencies because working of two coins are completely unrelated. Governments adding any control over their own currencies will have no impact on cryptos like bitcoin.
3103  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2019/20 on: January 26, 2020, 03:17:00 PM
Semedo should start over Roberto. Under Setien, Alba is deployed mainly as a midfielder. This creates extra pressure on back three so Barcelona needs quick feet at Right Back. Semedo is better than Roberto when it comes to speed, also he can move ball more swiftly through right wing and combine with Messi/Fati.

Second problem is in forward line. Griezmann was mostly invisible. Fati's lack of experience was clearly visible. Fati has a potential to be the player for future but certainly not a starter at the moment. Barcelona urgently needs someone who can actually beat the full-backs of opponent and enter in the box. Does that remind about anyone to you? Yes, Dembele! His presence is very much needed in the absence of Suarez,
Very good points and I agree with you. I'm not only sure about Dembele. He is injured again and he will return just after few weeks. Dembele is very talented player, but he is still far away from Suarez level, maybe because of his attitude. I doubt that he would be game-changer today.

Good thing is that Dembele is back into training session. Reports claim that he will get some minutes in Cup clash vs Leganes. I agree that Dembele showed lack of professionalism in past but such behaviour reduced his market value by $30M. I hope he had got back some senses and hope he plays better now because on his best days, he is even better than Mbappe to be honest.

And yes, we can't compare Dembele with Suarez. Dembele is a young winger whereas Suarez is one of the best striker. He can never fulfil his space in team and Barcelona still need someone else in place of Suarez for the striker position. But playing Dembele will surely reduce dependency on Messi. If Dembele could play on right wing and find spaces through defense then Messi can play mainly as attacking midfielder and take shots as false nine in the absence of Suarez. It is not possible with Ansu Fati as he's very weak on right wing and tackled every time he tried to make his way into the box.
3104  Economy / Speculation / Re: Short term bullish run is now over, and it was most likely a failed rally on: January 26, 2020, 01:44:46 PM
Sad but true image.  Cry
Rally has broken and price may decline from here. But I don't agree with your $8.5K mark. It is evident from the chart that break point will be between $7800-8000. As far as price is above $8K, market may move sideways for next few days and may result in new rally if someone inject buy orders into the market.
Some are saying that the increase in the market value of Bitcoin is caused by the tension between US and Iran and the moment it cooled down, the market value of Bitcoin stopped increasing. I would say that it is just coincidence and the market itself is just volatile. The markrt price is now falling, and the bottomline is what would investors do? Will they sell at this point to cut further losses? Or They would stick with the plan of holding? I would say trust onto the process and be patient. Backdrops after an uprise is not new in this industry.

Yes, you are right. The relation between Bitcoin price increase and tension between US and Iran is just coincidental. There is no reason why the issue between these two countries will effect price in any way.

As I was saying, as far as price remain above $8K then we don't have to worry because by reading chart we can see that the psychological barrier for traders is $7850. If price goes below that, traders will start panicking and dump their coins which will cause further fall in value. But market resisted around $8300 which is now having positive impact on price and price is once again up by 1.5% today.
3105  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2019/20 on: January 25, 2020, 06:20:11 PM

3 games so far and FC Lionel Ter Stegen under Quique Setien is playing A LOT worse than Valverde's team  Roll Eyes Well, not that bad, I mean, today they had 78% ball possesion and almost 900 passes!! LOL some are saying that they're still passing the ball on the way to the locker room and the bus hahaha
Well, 3 first games of Setien wasn't good. But I think it's too early to judge him. Having huge ball posession and just passing ball isn't enough. Barca just weren't dangerous enough in attack. With absence of Suarez, we have lack of good forward. It's strange to say such words when we have Messi and Griezmann, but it's reality. And new formation 3-1-4-2 didn't really worked today. I hope that they will get Suarez replacement before end of transfer window.

Semedo should start over Roberto. Under Setien, Alba is deployed mainly as a midfielder. This creates extra pressure on back three so Barcelona needs quick feet at Right Back. Semedo is better than Roberto when it comes to speed, also he can move ball more swiftly through right wing and combine with Messi/Fati.

Second problem is in forward line. Griezmann was mostly invisible. Fati's lack of experience was clearly visible. Fati has a potential to be the player for future but certainly not a starter at the moment. Barcelona urgently needs someone who can actually beat the full-backs of opponent and enter in the box. Does that remind about anyone to you? Yes, Dembele! His presence is very much needed in the absence of Suarez,
3106  Economy / Speculation / Re: Short term bullish run is now over, and it was most likely a failed rally on: January 25, 2020, 05:57:20 PM
Important price next: 8.5k, we go below and we see 7k most likely again.


Sad but true image.  Cry
Rally has broken and price may decline from here. But I don't agree with your $8.5K mark. It is evident from the chart that break point will be between $7800-8000. As far as price is above $8K, market may move sideways for next few days and may result in new rally if someone inject buy orders into the market.
We are actually tanking as of this moment and this is where waiting game begins yet the price had already started to go sideways once again and trying to figure it out on what would comes next?

Im not really fan on precisely following trend lines or indicators specially if theres a pattern on where the trend tends to break.Yes, we can presume but theres only two way either it would rally up
or would dump down.So for now, im preparing my stash for possible accumulation if ever it would crash.

It looks like I was right about the market. The price is moving between the mark of $8300 and $8600. Actually it is good for market to remain in this position for next few days. Stability around $8400 will ensure that another confirmed rally will come before the end of January. Another interesting thing is the sharp decline in the market volume. Daily trade volume for Bitcoin has declining since last week and came down to $20B from $32B. It also indicates that we gonna see trade reversal.
3107  Economy / Gambling discussion / Re: Is there any gambling site that allows betting directly from the wallet? on: January 24, 2020, 01:01:40 PM
Ok guys! I read all of your replies and understood one thing that what I am looking for is not possible via Bitcoin. Some of you misunderstood what I am looking for. I don't want to share my private keys with the site. Rather I am looking for a site where I can make direct bet without first depositing the balance to site and then automatically receive back money if I win the bet.

I found LuckyBit interesting but still unclear how it works, can someone explain if he has played on LuckyBit already?
3108  Economy / Gambling discussion / Re: Is there any gambling site that allows betting directly from the wallet? on: January 21, 2020, 03:58:17 PM

But I think this is not safe if you will use your main wallet, I have doubt that it will lead hack in trusting your private key into the gambling platform. IMO, use a disposable wallet for this.

But how is this different from wallets like Mycelium or Electrum? We import private keys in these type of wallets too. I think as far as gambling site is taking input in front end then it is safe although I am not expert in this matter.


I had heard that before, there is a gambling site that allows users to bet directly from their wallets. You need to import your bitcoin wallet but in most cases, they are decentralized gambling sites. Like poker and sports betting sites. Also, peer-to-peer gambling sites have on this kind of feature. The transactions of bet to be played directly between those players crypto wallet, rather than the house edge will hold the fund.

Actually I want to see any example of the working of such gambling site. I want to see how house charge commission when funds are still hold by the players. It would be amazing concept if any platform is able to achieve this. People no longer have to look for the gambling licence, such sites could automatically be trusted.
3109  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 21, 2020, 03:09:00 PM
I’m looking forward to Chelsea vs Arsenal tonight, should be a really good game. I’m going to watch this game, Aston Villa vs Watford will be good, a real dog fight to stay in the PL.
During the last game, Arsenal dominated the first half of the game whiles Chelsea did the same during the second half. I really don't see anyway that Arsenal are going to win this game. I am betting for Chelsea win and over 2.5 goals in this game.

Arsenal will not dominate the win against Chelsea because their tactics are not so Kut to face Chelsea, we know sometimes the Chelsea game has its ups and downs but for this time I am sure I will win it tonight.
Your bet will be strong enough because for me 2.5gol will be accurate.

One thing that Chelsea lack is a long range shooter. Tammy is still very young, Willian needs to cut into box in order to shoot, no big shooter in mid-field, so after Hazard left, Chelsea has to somehow reach into the box to convert chances into goals. We saw the same in the game vs Newcastle. Chelsea had hundred of chances but failed to convert even single of them. It is very easy to defend against Chelsea by parking the bus.
3110  Economy / Gambling discussion / Is there any gambling site that allows betting directly from the wallet? on: January 21, 2020, 02:49:52 PM
Similar to the concept of DEX or Decentralzied Exchange, is there any gambling site which allows users to import private key and play games directly from their address? Or allows users a wallet on the platform with private keys so that user can withdraw and deposit money into account anytime without the approval of the site representative?

It yes then in which different cryptocurrencies such gambling is offered?
3111  Economy / Economics / Re: Chinese New Year - Crypto Market on: January 21, 2020, 02:29:39 PM
We will see it later. We need to prepare every possibility that can happen in the market. If the price is down, we can buy more bitcoin at a low price, but if the price suddenly increases so high, we can sell the bitcoin at a high price. Everything can happen at the market, no matter if that is one event will occur. But we always hope that in this Chinese New Year will bring changes to bitcoin price and who knows, the price can increase to the high price.
We do still have 4 days left for the said Chinese New year and lets see if those price corrections or sell off would happen on that time.As said by others where this was just like when we are approaching on last month of each year where holidays is on line where people do sell off their coins for the said holidays but we have seen recently that it havent affect the market too much.
These kind of events and sentiments can possibly have or doesnt have any impact but at least we are seeing nor preparing on possible movements and seeing for opportunities.

I don't think such events have any major impact on bitcoin prices. We saw that last month too. No significant up or down happened in the price of bitcoins and other cryptocurrencies during Christmas and holidays. It is only after the starting of this year that prices are surging again. Associating crypto market with festivals is as stupid as associating it with Trump's victory. Both had no impact on prices.
3112  Economy / Economics / Re: USD / Crypto Pairing question on: January 21, 2020, 12:04:58 PM
So lets say this. I have a shitcoin. Lets called it $SHIT.

Now $SHIT is worth 0.00000001 BTC (Or $0.000087USD at time of writing) and there is a 1 BTC buy order for it on all exchanges (Say 3 of them) Total 3BTC in Buy orders total.

Now lets say that all 3 of those exchanges have now added USDT / $SHIT

And someone uses their USDT to buy up 1B of them and lets say it pushes the price of USD from $0.000087 -> 1 Dollar.

That doesn't change the fact that there is only only 3 BTC buy order for it does it?

If the USD Value goes up in value , it doesn't mean that the BTC value rises as well does it?

(My thinking is that there must be a buyer of said asset and a seller of said asset) If no one is buying the BTC pair but only the USDT pair , then how would it have value except in USD value maybe?

Am i correct with my thinking? And if this is the case , why wouldn't everyone just make their own fiat trading pairs and use that to pump their shitcoins to the sky by doing Q.E?


You missed one important point. The exchange also have BTC/USDT pair. It is impossible to manipulate any market with USDT alone because sooner or later, the same will effect BTC/USDT pair too and whole market will be corrected back to normal.

Let say if price of $SHIT rises to $1 from $0.000087, it will either increase the price of BTC in BTC/USDT pair or increase the price of $SHIT in $SHIT/BTC pair or the price of $SHIT/USDT pair will adjust back to $0.000087 after 10-15 trades when every trader will run to arbitrage the difference.
3113  Alternate cryptocurrencies / Altcoin Discussion / Re: Using Crypto at Gas Stations on: January 21, 2020, 11:34:29 AM
It's 2020, yet crypto and Blockchain technology are still in their infancy. The introduction of smart contracts (via the Ethereum blockchain) to the mainstream world, has opened up a plethora of possibilities that were never imagined. Many companies have launched their own tokens via ICOs, IEOs, and even STOs. On the hand, stablecoins have been the hottest trend within the crypto space as they provide the convenience of Fiat with the security of the Blockchain.

Smart Contracts as introduced by Ethereum Blockchain may seemed fascinating in the starting but with time even Ethereum chain has shown lots of vulnerabilities. During the season of high usage of chain, fees peak over $1. When Crypto Kitties launched, ETH network became so slow that transactions took 2 days to process at regular gas and wei.
We need more scalable solution than Ethereum chain to make crypto as medium to pay on Gas Stations.
3114  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto market moves in like a mystery! on: January 21, 2020, 11:00:10 AM
History is evident that crypto market movements are never sustainable. Sooner or later, prices fall. One day it's $19K and some four months later, it's $3K. So it is hard to believe any gain in Bitcoin's price is long-lasting. However, it doesn't mean growth has to be artificial. Market have several traders having different trading strategy. Some likes to keep coins for long, some sell after achieving targets while some even short their coins. Due to mix-results of various traders' motive, Bitcoin (or crypto market on whole) moves arbitrarily and price is not able to sustain for long.

Sustainability after all is not what the market players and makers look for. They need the prices to rise as much as they need the prices to fall. The rising and falling are both good as a matter of fact. The rising is for taking away the gains and the profit made through the days, weeks, months, and years of trading and the falling is a time for refilling the wallets.

Such up and down movements maybe good for traders like us who know the market behaviour of bitcoin but what about other investors? Will they ever dare to invest in bitcoin if bitcoin continue to make circular movement in prices? High volatility is the main reason why most of the renowned investors like Warren Buffet regarded bitcoin as bubble. It won't be considered as serious investment unless its market stabilizes by some degrees.
3115  Economy / Speculation / Re: Short term bullish run is now over, and it was most likely a failed rally on: January 20, 2020, 01:43:20 PM


A picture is worth a thousand words


Now, my advice: look at the price line since October 25 when the price was at 10.4k USD, the trend was never bullish. However it was very possible to make nice money (started several threads to recommend buying at 6.5kish in November and December).

Important price next: 8.5k, we go below and we see 7k most likely again.


Sad but true image.  Cry
Rally has broken and price may decline from here. But I don't agree with your $8.5K mark. It is evident from the chart that break point will be between $7800-8000. As far as price is above $8K, market may move sideways for next few days and may result in new rally if someone inject buy orders into the market.
3116  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto market moves in like a mystery! on: January 20, 2020, 12:57:13 PM
Lately the market is showing some positive gains in BTC and most of top altcoins too, but how long it will sustain? and the most common question was is it an organic gains? or just an artificially driven? for me the market movements was remain a mystery maybe it was an organic gains or just artificially driven.

As far as sustainability is concerned, I cannot tell, although I believe this year is a better year compared to 2020. So far, we are positively rising. Corrections happen of course, just like now. But I think the rise is not done yet. We will have to once again get back to $9,000 or even beyond in the next few days.

A part of it may not be organic but that would be a minor concern in terms of Bitcoin and other top altcoins except perhaps on BSV.

History is evident that crypto market movements are never sustainable. Sooner or later, prices fall. One day it's $19K and some four months later, it's $3K. So it is hard to believe any gain in Bitcoin's price is long-lasting. However, it doesn't mean growth has to be artificial. Market have several traders having different trading strategy. Some likes to keep coins for long, some sell after achieving targets while some even short their coins. Due to mix-results of various traders' motive, Bitcoin (or crypto market on whole) moves arbitrarily and price is not able to sustain for long.
3117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does the ETH/BTC ratio present a trading opportunity ? on: January 20, 2020, 12:09:05 PM
Whatever your views on Ethereum, the fact is that the value of ETH to BTC is still very low ( even compared to historical performance ). Does this present a trading opportunity to perhaps buy more Bitcoin for your dollar ? ( By buying ETH and when the ratio goes up trade it for Bitcoin ? ) - There is some insight on this here : https://youtu.be/hY2m0HtAw7g


The low conversion value of ETH to BTC is the indication that ETH is no longer a promising investment as it was an year or two ago. Due to ICO boom couple of years ago, prices of ETH skyrocketed. But since then it is continuously falling. ICO trend is outdating, people no longer taking risk by investing in new coins, rather they are buying coins already listed on exchange. 
Hence, near future of Ethereum is also looking bleak as compared to Bitcoin. Don't be surprised if ratio falls further in coming months. Better keep your funds in BTC than ETH.
3118  Economy / Economics / Re: At which price will loose Bitcoin the dominance in the Crypto Market? on: January 20, 2020, 11:36:24 AM
For Bitcoin to lose domininance, the price would probably have to drop first. If the price keeps increasing, it’s hard for an altcoin to catch up but it is possible with a coin like Ethereum.

Wrong! When the prices of Bitcoin falls, all other altcoins fall too. The prices of cryptocurrencies are determined by the trust of investors. When the prices of Bitcoins start falling, several holders start selling their bitcoins (weak hands). Such events reduce the overall trust of investors in crypto market. Eventually, other coins fall too. In percentage, bitcoin is still able to maintain its dominance.

So in short, it is wrong to assume that dominance has any correlation with bitcoin's price. Unless any other coin become excessively famous or some kind of flippening happens, bitcoin will continue to maintain its dominance at any price.
3119  Bitcoin / Legal / Re: Okay. Charge tax on bitcoin. Is this fair policy? on: January 20, 2020, 11:10:52 AM
if in my country there is no tax that must be paid when getting results from bitcoin trading.
I think whether it's fair or not depends on which country you live in right now.
what is clear is that the losses we get from trade are not subsidized by the government.

True. Even in my country we need not declare any income earned in cryptocurrencies. Government doesn't recognize cryptocurrency as any material thing, hence, we don't have to pay taxes.
Other countries may have different laws related to taxing bitcoin and it may be fair if citizens of that country are earning substantial amount of money through bitcoins.
3120  Bitcoin / Bitcoin Discussion / Re: What bitcoin ideas do you have? Share it! on: January 20, 2020, 10:53:36 AM
~unquoted text~

You will only search something on internet if you are really fascinated about it. Such interest won't develop automatically. It has to be passed from somewhere and words-of-mouth is best passage to share something new with people. Therefore, it is necessary that we forum members should inspire people around us to use or invest in Bitcoin. We should tell the advantages of using Bitcoins to people and how they can set up wallets or buy bitcoins.
it will really help the development of bitcoin if we promote it from the mouth, but it will be felt more development if there is a mass adoption from the government, but I think it will take a long time. currently practically bitcoin is intended as an investment and trading tool

Bitcoin is still under development phase. Everyday we encounter various issues related to bitcoin like scalability, block size, number of transactions a block can process, block timing, etc. Due to which, bitcoin community reaching new consensus every year to make bitcoin more functional. Lightning network is current solution which have potential to make bitcoin more accessible. But until LT really become famous, we are still stick to current form of bitcoin transaction.

Thus, it is wrong to expect something which is still under-developing mode to be supported by government. We first have to make bitcoin more successful as a community. Once we are able to create a solution which can ensure bitcoin could be used for next 100 years without any problem then government will also join the revolution. After all government wants vote.  Grin
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