|
Everyone over here is saying BNB is a very good coin and now is the perfect time to invest on it, but no one explains why. They all sound like sheep. All they are doing is just repeating what others are saying. They also probably invested on it thinking its a good investment because others told its a "good coin" and now is the perfect time to invest on.
Looks like you did your research and you came to a conclusion based on the "announcement" they are going to make. Then go ahead, invest on it.
|
|
|
|
There are several reasons why the economy of a country can go down. Its a very broad topic. The changes can happen due to change in aggregate demand and supply, wrong monetary policies and so on! The economy of a country also depends on the mentality of its people as well. For example, in my own country, lots people like to store the money as hard cash (not even in bank ) rather than spending it. So, a huge amount of money becomes stored which could be used for productive purposes. Thus despite of diversity, natural resources our country can not flourish economically.
The "mentality" of the people shouldn't be blamed in this case! It is because of the government making bad fiscal policies that might have triggered people to store money as cash outside the bank. Proper policies and incentives taken by the government can encourage people to start investing their money on business and elsewhere. |
|
|
|
I think it's time for bounty hunters to start claiming their right on this forum, I'm talking about bounties that wants hundreds to thousands participants on their spreadsheet but plan to pay bounty hunters 5$ each for their 8month work, this is getting more ridiculous every day, IQ cash bounty is over and with the current price per token you will be lucky to earn 10$ to 20$, if no one is ready to stand by me I will stand for myself, what I want is
Fixed bounty allocation or
Limited bounty participants
We can't keep helping new projects for pennies, we should take actions
Lol. I though the "allocation" and the total number of "participants" were fixed? I am sure they announce how much they will be spending on those bounty program. You join the hunt knowing how much you will be receiving. You receive your promised amount. Now, if the value of the tokens of those shit project falls, there is nothing much you can do. Those new project you are helping for pennies are shit projects that are just leaching away investors money. Try doing something else other than joining a bounty program. |
|
|
|
|
The fifth mistake you mentioned (don't be a follower) is the one that most users make. They join random telegram group and chat rooms where people suggest them to invest on certain coins. They create hype in those group and mislead the traders with small information. Those groups are either managed by shills of fake projects, or some people who try to manipulate dying "shit coins" and convince users to invest on it (make them buy those dying coins). I have even seen groups that asks for payments in order to join those groups and receive trading advises!
|
|
|
|
There are lots of lists that you have entered and for me personally spend it more often in gambling, even I've done it a long time ago or since I first knew bitcoin, this bitcoin gambling is something that makes me even more involved to enter the cryptocurrency market so I consider it something ordinary and not surprised when I read in your article if gambling is included in the topic section on how to spend bitcoin.  And what do you do with your winnings? You should probably try using it as a regular currency. Trust me you will love it! Instead of paying with fiat when you buy something next time from Amazon (if you are looking for a legit site to buy gift cards, try bitrefill or coinsbee. Coinsbee has cheaper rates compared to Bitrefill, but bitrefill has better interface!), try buying a gift card using your crypto currencies. You will really be amazed how fast, smooth and easy it will be to use crypto currencies! |
|
|
|
The popularity of crypto assets throughout the world has attracted the interest of many companies involved in it. One of the new arrivals from London, England is Elquirex. In addition to offering speed in trading, Elquirex has a feature "borrow money" guaranteed crypto assets, including Bitcoin. Crypto asset exchange management companies do have to think extra hard to attract users. If the trading speed feature is common, the "borrow money" feature might be a new custom alias new normal. The matter of borrowing money (Cryptoloans) is referred to as the relative superiority of Elquirex compared to other players. You simply pledge (guarantee) your Bitcoin (BTC) or Ether (ETH), then you can get money and be transferred through Perfect Money (PM) services worth US dollars. Elquirex provides loans to users with a relatively small interest rate. Prospective borrowers do not need to include any additional information, including loan history information elsewhere. Users simply prepare a guarantee of crypto assets, we save, then the user gets the loan in US dollars. As of June 8, 2020, based on the Cryptoloan calculator provided by Elquirex, to borrow US $ 1000, for example, the guaranteed Bitcoin / collateral is 0.171504 BTC (with an exchange rate on June 8, 2020). So to have money you don't need to sell your Bitcoin, just borrow money with a guarantee of Bitcoin and Eth. https://cryptoloan.elquirex.netLooks like a really new service that joined the market recently. I would advice everyone to stay away from it. At least for now. You never know when they will end up scamming peoples coin. Like the other user mentioned (from their ToS), they will be "going through strict" checks, which means they will be holding your coins longer than you expect and can seize it anytime. Though how are they going to benefit themselves? What if the person who took loan, defaulted when he saw the price of his crypto fall? |
|
|
|
Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
Not really. If they have like few cents left in values, then sell them (but I doubt anyone is going to buy those). They will soon come down to like 1 sat each and no one will be buying them. All you can do is make a collection of "shit coins". Hope you learned a lesson from it. Next time make sure you never invest on those unknown tokens with no potential |
|
|
|
Scamadviser isn't the best site to check if a site is scam or not. Look at the reasons they stated! Totally absurd. One of them says "it deals with crypto currency services, so might be of high risk." Clearly is trying to tell that crypto currency isn't safe at all! Even legit sites are marked as unsafe and scam by scamadviser because crypto currencies are involved. |
|
|
|
According your explanation, it's not because of they getting loan to invest in altcoins... Buy they decided to invest when FOMO and not learn what they invest for. Knowledge is the most powerful while you want to start invest, you shouldn't only following the analysts prediction. Not all analysts is expert and know about cryptocurrency. Most of them is only shilling their project/service.
Doesn't matter at what time they are investing, you should never take loans from someone else to make any kind of risky investment. Altcoins are actually a very risky investment. If you are planning to make investment of new altcoins, you are likely to suffer from huge loss. Its best to invest using your own money. Better to invest small amount of your own money rather than risking someone other peoples money. If you can't afford to invest, then don't invest at all. |
|
|
|
People want to get away from the monetary policies of the government simply because of too much manipulations and potential risks on our fiat savings. Which make it simplier to think upon Bitcoin as a new means of securing our assets. BUT What the hell does happen to our beloved crypto exchanges trying to halt prices by suddenly going "offline". Have you heard the Black Thursday (March 12, 2020) when Bitcoin plummeted its price to 3,800, some says if not with Bitmex went offline at that time, the price may goes to 1,000 usd each; imagine you bought bitcoin at that price. Funny is it, because right now as Bitcoin price tries something in this trying times  to go up, Coinbase suddenly went offline maintenance, isn't it odd? Read Me....Coinbase does say that their servers go down because of the sudden spike of the usage. When the price starts to increase suddenly, the network load on Coinbase also starts to increase, which also results in increased latency. Thus, it causes a lot of problem (to their API and stuffs) and the servers it self goes down. They say they are further investigating into it, but never updates us with anything. True, its weird that don't actually work on solving this, as it happens quite frequently. |
|
|
|
This was the case for a long time, for example exchanges refused were closing accounts of customers who made deposits from their crypto gambling accounts. This can be explained by the fact that crypto casinos are unregulated and can be used for money laundering, so coins that come from them might be dirty.
From a practical point of view, there should be ways to "clean" your coins. Maybe it's enough to just move them between your addresses to build up a bit of history after the mixing. Or maybe you can deposit it to some exchange or other service that doesn't care about mixing and then withdraw from them. It all will not work if you will be personally approached and requested to explain the origin of your coins, but it might be enough to avoid triggering the automated chain analysis tools.
Isn't this the exact reason why exchanges implement KYC? I mean, more and more exchanges are asking for user identification. They are doing this in order to keep the user database clean. They are doing so that users don't launder money using their exchange. The KYC process helps them identify those who might be laundering money using their exchange and hand over the information to the law enforcement officers. |
|
|
|
The only government that can manipulate bitcoin is the US government  But I see no reason to believe that they are doing this because there is no need for it. Bitcoin has actually been entered into the legal field - everywhere it requires KYC, exchanges track suspicious transactions, etc. Bitcoin does not represent anything dangerous for the government. Like why do you think the US government can manipulate bitcoin? It is a decentralized network and coin. No one can control it. Stop listening to those stupid conspiracies and educated yourself . Yeah, exchanges implements the KYC function so that their user database remains clean. |
|
|
|
I remember reading an article about it in the morning. The fee was received by probably SparkPool (the name was something like that). To my surprise, they said they have face this kind of event previously and dealt with it. The fee hasn't been distributed among the miners yet. They are currently investing what has happened and how it happened. So looks like they are going to do something about it. |
|
|
|
I feel like the risk is really big for the low profit you are getting. The problem with investing in casinos is the whales who came and take big amounts from them. Today if a whale goes to the casino where you have your investment and walks away with more than 5btc then you will go to negative. It is about time to see that happens. So, be careful and play it smart.
This is not how it works. The casino usually implements some sort of rules so that a single whale cannot come and wipe out the bankroll thus also protecting the users fund. They usually set a maximum bet win limit based on the total percentage of the bankroll. So, one single whale can no way win all the coins in the bankroll. The more they win, the lower, the max win will be. I would never say its a risky investment. Remember in the long run, the house always win, so you will also be making profit in the long run. |
|
|
|
|
The pandemic isn't over. They are just easing down the lock down. The casinos are taking all precaution to make sure distance are maintained, but I doubt they are going to maintained as intended. Though, I do agree its a really bad idea. A single infected person (those asymptomatic virus carriers are more dangerous) can end up infecting tens of others all while playing.
Sadly, there are quite a lot of people here who aren't taking this seriously. When things starts to get even far worse (it is already worse!) and beyond repair, then people will start believing the deadly affects of the virus.
|
|
|
|
To me many new projects are here today just for your money, you invest in them and you make them rich, that's why we keep seeing unqualified people becoming developers, it's always about the money, I wish crypto projects are much harder to built, maybe only few scam projects will exists...... I know how easy it is to built erc20 token and website too, God have mercy on investors, I hope solution comes soon
Lol, you think those scammers actually build a project? And do you really think it is easy to develop such projects? Those scammers don't build anything. You won't even find a working demo platform from them. All they will provide you with is some bullshit ideas. They will use marketing strategies to make those bullshit ideas sound (and those tokens) really awesome to you! Its a good thing that it is easy to set up those projects. Though it is your responsibility to check if the project is legit or fake. |
|
|
|
It is actually a really good news, but the article doesn't mention which coin will be used (or i missed it. Just skimmed through it when it started to talk about the virus). I doubt it is going to be bitcoin. Would be stupid to wait for like 3-5 mins (and more than an hour during heavy load or pay ridiculous fee) in front of the vending machine for just a soda. Highly likely they are going to use some altcoin. |
|
|
|
We have seen this multiple times before... These third party services start by drawing customers into their services, by promising them freedom to use and store their bitcoins as they want and then when they have acquired enough customers, they turn into a Bank or regulated financial institution. We have seen this happening with "Circle" and the latest service …. "Xapo" - ( https://blog.xapo.com/changes-to-our-business-and-service/ ) I guess there are more profit to be made when you are a Bank. Now you can over charge people for transactions and additional services, like the Banks in the Fiat system.  It is sad to see how these companies are exploiting the Crypto currency community with these Trojan tactics and we are just too willing to fall for that. Who will be next? I guess circumstances made them take those steps. Xapo and Circle had a really good user base (probably back in 2015 Xapo was doing crazy promotion and people over here would talk about xapo everyday). They had no other option but to change their policy or else they would have to end up shutting themselves down (probably the legislature is to be blamed?). I don't see any other reason for them to "hurt" their own business! If everything was fine on their end, they wouldn't change a thing. |
|
|
|
|
I prefer playing games that are fast and easy. Those which does not require much of a skill. Skill based gambling games gets me burned out after few sessions.
Games like Dice, Slot, lotto, Roulette and minesweeper kinda falls into this category. Not much of a work, all you have to do is click and hope you get really really lucky!
In case of p2p games, I would prefer playing poker.
|
|
|
|
Dice and Crash are the favorite for many when it comes to online gambling and I am not different.
Dice is fast and Crash is social. I would be much more fascinated if someone somehow be able to combine the good of those two to create something that is fast as well as social. Such format would surely be a hit.
If you want to socialize and gamble at the same time, then you can try casinos that offer live chat while gambling. You will be able to gamble and chat with your friends, share bets and probably create some friendly challenges. I do like the idea of dice and crash at the same time. I mean there can be a game like, people keeps on betting for a certain period, and the user with winning riskiest bet wins everything (the loss from other users). |
|
|
|
|
Show Posts
