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321  Economy / Speculation / Re: Do a lot of western governments like bitcoin and dislike banks? on: March 11, 2019, 08:41:41 AM
As per history, always western leads and rest are following Cheesy.

Due to higher literacy rate and readiness to adopt new things and more importantly modernized thinking, western people and government are marching forward always to new revolutions and this may continue in crypto adoptions too.

For example, when almost all the countries were silent or neural on bitcoins by 2014 after bitcoin peaked above $1000 for the first time, only few European countries opened their stand about cryptos like they declared that they will treat cryptos as asset whereas most eastern countries are not doing anything about cryptos even in 2019.

most economists say that fiat is a scam or a lie as the central banks are selling people a promise we will pay them back.
Yes, it is a lie with the hope of infinite "hand-over" among citizens so that never need to pay back.

fiat came in when it was needed to help solve the issues of carrying heavy gold for big transactions but now we have bitcoin there seems to be no other real use for it once bitcoin gets adopted by the masses.
For the exact same reason on-which fiat replaced gold, now it is time for bitcoin to replace fiat. History repeats itself.
322  Economy / Speculation / Re: 'Bitcoin will run up to $5,000 by May' on: March 10, 2019, 07:06:12 PM
Charts are so silly, you can find a chart that shows bitcoin is going to 100 dollars in 2020 or you can find one that shows bitcoin could be a million dollars by 2020, I am not joking or making it up, you can literally find charts that SUPPORT both of those things (different charts of course). So, when an "expert" tells me that bitcoin is going to 5 thousand dollars in may because of some chart he made up it just makes me giggle.

This is bitcoin mate, OF COURSE it could go to 5 thousand dollars in may, it doesn't mean it WILL but it MAY do that, that is what bitcoin has done for the past decade, it went up and down so when bitcoin goes up its not a surprise to anyone. There are charts that support the idea of 5000 or more in may and there are charts that show under 3 thousand in may and both of them could be true, only time will tell.
323  Alternate cryptocurrencies / Altcoin Discussion / Re: Learn to trust at least someone on: March 10, 2019, 07:49:37 AM
I think none of us really prepare to be dead at any moment. I can die right now and none of my bitcoins can be recovered by anyone I know, not even my wife.

We just do not prepare for anything that abrupt, if I was a 50+ year old with millions of dollars on my account I would definitely try to let someone else know or even at least put it on my will with a lawyer so at least after my death they could get the info from my lawyer and the lawyer would be the only person that would know about it so if anything happened to the bitcoin we would know who did it.

Moreover, when you own like less than one bitcoin and its not a life changing amount that always goes up and down and you are young than you do not consider death as a possibility, maybe if you have a cancer or something but you do not see a car accident type of death (obviously you don't, hence the accident), or a heart attack type deal.
324  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain gaming will rock on: March 10, 2019, 07:06:03 AM
Just imagined how good and addictive it would have been if games like PUBG runs through blockchain and you get paid in real coins when you hunt down enemies, or earn massive coins when you hunt down a wanted terrorists in games? Where is Sony and Microsoft ? Yeah I know ,I'm rushing things out because blockchain is still very young ,in the future the possibility is very HUGE and far from IMPOSSIBLE
Blockchain gaming is sooooo limited. I mean "games" are things we love to play online with no basic database at all, you play fifa, Nba 2k, apex, Pubg and games like that and look at what type of games they are, look at how we play those games. None of them has any place that would make blockchain improve their gameplay.

"Game" is something we play in a flow motion and not something we like to play on web browser that much, maybe congregate type of games would improve thanks to blockchain but it is not a great chance to be honest with you, the only games that will improve via blockchain is the web based text games like Hattrick, Buzzer beater, Tribal wars and whatever, that's it. That is why I do not see future of blockchain gaming getting any bigger, its already bigger than it should be.
325  Economy / Economics / Re: Reason of Next Financial Crisis on: March 09, 2019, 04:34:08 PM
I think the clear choice is the shareholder trouble all companies have. Shareholders want to make more and more money every single year, all companies with shares open to public is forced to bring in more and more profits every single quarter.

It means a company that is not making profit will be getting their stocks and shares sold so the investors go buy the company that made profit instead, which means the company who was already having trouble profiting now also doesn't worth too much as well because of sudden sales on their shares.

Basically, you have to keep on making profits forever if you want to and that is just not sustainable. Things that are financially not sustainable is the reason why we have economic crisis and eventually this shareholder drama will create a big chaos like the 2008 one as well.
326  Economy / Economics / Re: DYOR before joining!!!!!!!!!!!!!! on: March 09, 2019, 04:04:06 PM
Doing your own research should not be excluding other peoples opinions tough. I know there are a ton of shills out there for all kinds of weird small scammy looking coins so of course do not take all peoples opinions on the subject but look at how much positivity is involved in numbers.

If a coin is loved by one guy who writes many great things all around like spamming than it is definitely not a good coin however if there is a whole cult of people writing thousands of messages and reach the topic of that coin into hundreds of pages with love than you can consider it, the content is not that important, the importance is the numbers and if its positive.

Shilling and loving are different stuff, shill promotes it so the price goes up and he sells, loving is loving something for its existence, doesn't matter the price (which of course you would want it to go up but is not inclusive for your love).
327  Economy / Economics / Re: Cryptocurrency Volatility: Creeping Evil or Essence of Crypto on: March 08, 2019, 07:15:54 PM
Volatility has its pros and cons, it all depends on how much volatility we are talking about. First of all lets be honest and say that when bitcoin went from around 900 dollars at 2017 spring to 20 thousand dollars in 2017 december we all loved bitcoin volatility, we were in love with the fact that it could move that quickly that high.

However, as soon as 2018 became a bad bear market that made bitcoin drop from 20 thousand dollars to 3 thousand dollars (to this day we are up 3x-4x from 2017 spring) we started to hate the volatility. If we are talking about from 3.500 dollars to 4200 dollars and back than its fine, that is a small change that could happen all the time and we are fine with it but whenever those big moves either up or down happens we are scared of what could happen and what it means for bitcoin.
328  Economy / Trading Discussion / Re: Are you following your gut instinct in trading? on: March 08, 2019, 02:19:41 PM
Lets not put away gut feeling down right away, I know it is not the best way to trade and many people who trade with gut feelings will most likely get burnt and lose money. However, if you are an experienced trader and have been doing this sort of thing for years (and I mean like professionally, not in the sense that you have other jobs but buy and sell stuff here and there, I mean actually as a business and get a salary for this on some bank) than your gut feeling would be superior to many peoples researches.

I had read a book about Peter Lynch for example and dude has strict rules about buying and selling stocks and he only buys and sell stocks if it fits his own criteria which is great for long term however time to time he had some gut feelings towards some companies (body shop for example if I remember correctly) and it all worked out.
329  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Nauticus Will Continue To Gain Popularity on: March 07, 2019, 06:42:55 PM
For the fact that they raised a lot of funds from conducting ICO doesn't mean they are gaining popularity or they will gain popularity.
A popular exchange don't need a lot of introduction before anyone knows about it, we can see same for exchange like binance, which even newbies who don't know much about crypto still know what binance is but this exchange you mentioned is one that I haven't heard of their operations or even heard of the ICO that was earlier carried out.
330  Alternate cryptocurrencies / Altcoin Discussion / Re: The misunderstandings in KYC (know your customer) on: March 07, 2019, 06:07:13 PM
OP, you made you a good point, but sometimes they don’t it the right way. What makes hunters to complain about KYC is because these campaigns never say it on time, rather they bring it up when it is time to make a withdrawal, and a lot of people don’t like that, they believe they should be informed earlier on. Then it’s no news that there are campaigns that are owned by scammers, you won’t get paid and they also have stolen your info.

I don't have any problems with kyc yet, if I go into any project and I was asked for kyc, depending on the type of project and it's quality will determine if I will submit my documents or not.
That is the same thing with me, never had any problem with KYC, though I have seen lots of people discourage the use of KYC, but I do my research pretty well before choosing any campaign to work on. What matters most is that you don’t waste your time on the wrong campaign, cause some of them you wouldn’t get paid at last. So KYC is not even a problem .
331  Economy / Trading Discussion / Re: Is it possible to double capital in 2 months? on: March 07, 2019, 05:32:07 PM
Yes yes and yes, it is very possible to make double of your capital in trading, though trading is not something you have to rush into because you have to understand the basics of how it works and the tricks one can use to make money in the market, if you are a professional trader you can even make double of your capital in 1 month but if you are not smart enough while trading, you might end up losing all your funds so you better be careful why trading and don't try to rush things.

Moreover, it is not good to set targets like doubling our capital in some certain time period. It will get you emotionally failed as you may turn aggressive while trading because you may start hunting entries which is definitely not at all good for long run with your trading.
332  Economy / Trading Discussion / Re: USDTether wallet on: March 07, 2019, 04:46:23 PM
Most exchanges use USDTether instead of USD and I want to give it a try.

Which wallet do you use to send, receive and store your USDTethers ? or do you keep them on an exchange ?
This is because there is a very big difference between USD and USDT, USD is the united state currency also referred to as fiat while USDT is a cryptocurrency that is pegged to the dollars making it have a stable price instead of $1 unlike other cryptocurrency that don't have a stable price and you can't know what exactly the price would be in the next minute, there are many wallet you can use to store your tether coin but I will recommend you making use of an hardware wallet like trezor or any other hardware wallet that is trusted.
333  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Wallet Security - Help! on: March 07, 2019, 03:38:06 PM
Even if you don't trust yourself to keeping paper wallet, you can hand over this responsibility to your wife.
I know for sure that women are very good at keeping things so that they don't get missing even if you ask for it in the next 10 years.

I would never advise even my worst enemy to leave their coins on exchange because it is viable to hack and since you cannot control your private key personally, the hack would always continue to affect all the users of the platform, you can also make use of hardware wallet, I this k it's the best for you.
334  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ERC20 tokens benefit from Ethereum upswing? on: March 07, 2019, 03:09:07 PM
For the fact that ethereum tokens are created in the ethereum blockchain doesn't mean that when there is a bull run in the price of ethereum that those token will get same bull run, we need to understand that creating a token is just like forking the bitcoin blockchain and creating another coin from it, this will not affect the price of the coin you created in any way even though it is a fork from Bitcoin.

The only difference is that the token is being deployed to the ethereum blockchain. This is why you still have to pay for listing to get your token on exchanges.
335  Economy / Trading Discussion / Re: Trading with small budget on: March 07, 2019, 01:33:38 PM
I think the best course of action for someone with smaller budget than needed would be to find a way to "earn" money instead of just investing. There are plenty of ways to earn money in bitcoin and specially in bitcointalk.

If you look around you can see the faucets, you can see signature campaigns, you can see promotions and bonuses, you can see competitions, you can see bounty hunting. Basically there are a lot of ways you can just use your spare time and effort and make money from bitcoin instead of trying to trade with a low budget.

As soon as you earn enough from those things you can put that into an exchange and start researching the prices of coins and see what their trends are, just to give and example 3500-4200 levels in bitcoin and search for other coins and their trends and trade between those numbers.
336  Economy / Trading Discussion / Re: Do most of You Traders just use a Laptop for trading with??? ? on: March 07, 2019, 01:04:19 PM
I think dell is far superior than mac in any sense of the way, mac is just apple trying to sell some subalright computer with branding for high prices. Mac doesn't have anything better than Dell that would make it so much more expensive. I use an alienware and I am very happy with my laptop honestly and I am hoping to use the same alienware for a long period of time without changing it.

I think it provides me with all I need and it is cheaper than any mac that could be at the same configuration. Having 32 gb ram in a mac is already an extra and it costs almost half of what my alienware costs, and thats only the ram. Laptops however are better for traders than desktops because you can take your laptop wherever you go and not miss out any days between your trading (unless you are a long term investor, in which case even a mobile app would suffice).
337  Economy / Economics / Re: Volkswagen Bets $50 Billion on Electric Future but Tesla Isn’t Sweating on: March 06, 2019, 04:39:25 PM
To begin with Tesla was not founded on the idea that they will make billions of dollars and become a huge car company that would make a lot of rich. The whole reason Tesla was founded was ideological and was based on the fact that we need electric cars to get rid of the old fuel cars and that way we could somehow manage to get rid of the dependency towards oil.

Obviously, there are tons of stuff we depend on oil on but if we somehow just change cars and trucks and so forth that works on electric that would be one way to stop it. They are also working towards (with solarcity) making homes work on renewable energy as well. So Volkswagen putting in 50 billion dollars for electric cars would be welcomed by tesla and not a scary thing, hell tesla would prefer if all car companies put their money towards electric cars instead of fuel.
338  Economy / Economics / Re: France Targets Amazon, Google, Facebook for an Annual $500 Million Tax Boost on: March 06, 2019, 04:04:44 PM
It is as clever as it gets considering these countries make more money than many countries combined, California is basically worlds 5th biggest economy ahead of many many countries just thanks to these tech companies and if France manages to get them to their country somehow (doubtful) they would be getting insane amount of taxes from these companies.

Obviously these companies became this big by not paying too much taxes so assuming they would pay all their taxes to France while they are not even paying in USA would be a dream for France. Its not going to happen, amazon had like 24+ billion dollars in profit alone and instead of paying taxes like a proper business they just found loopholes to not pay for it and gave like 20 million dollars to charity to look good. So to France ; don't hold your breath.
339  Economy / Gambling discussion / Re: Are there any on-chain sportsbetting websites alive? on: March 06, 2019, 03:09:22 PM
I think there are not that many that allows this with KYC so it seems like KYC is the main issue like people said and you can use many places like nitrogen to just gamble without giving any info, you can change the btc address you will withdraw and just keep it mixed forever without having to give any ID at all. Is the issue KYC here or On-chain ?

If on-chain I think onehash seems like the best option because you do not even register to get returns but if its KYC than nitrogen is by far the best place out there, those dudes have been running a legit sportsbook for years and I have not seen a single proper complaint about them (except couple of people who obviously didn't read the ToS on their website) so you can definitely go with them and never look back.
340  Economy / Gambling discussion / Re: How to Protect yourself from Excitement and keep your Winnings Safe on: March 06, 2019, 02:35:40 PM
It all depends on how excited you get, I mean if you are one of those people who go crazy when they win and start to spend the money like it doesn't matter than you are going to lose all of it.

My uncle in law once won about 20 thousand dollars from a roulette game by luck and he started to give us some money to keep on gambling, he bought drinks and he was surrounded by women who of course wanted a share of the pie and he bought all of them drinks and took them to the bar and basically had a fun night, by the end of the day he owed the place 2 thousand dollars on top of the 20 thousand dollars he "won" that he spent on that night.

If you are like that, the best way would be to have someone who you have to listen and keep an eye on you, when you go crazy that person will say "stop" and as long as you listen to them you will stop.
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