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3221  Economy / Economics / Re: Does Bitcoin Need To Scale on: July 25, 2020, 06:25:20 PM
I believe bitcoin is a currency and because of that it should be able to scale to a lot of transactions per day.
If we are having trouble with times and prices of fee's right now, think about what would happen if bitcoin became a regular standard of payment method?

Like let's say you have a debit card but it is purely based on your bitcoin holdings, you go out to a restaurant and eat something and pay with bitcoin, then you go to movies and buy the ticket with bitcoin, and after the movie you go to a cafe to eat a desert and then you go home, all of which was paid with bitcoin which is awesome right? We all want bitcoin to be something like that right?

But, if we can't even handle the current situation how are we going to make it work for the days we could spend like that?
3222  Economy / Economics / Re: What brings economy of a country down. on: July 25, 2020, 03:25:31 PM
I think the worst thing that could happen is lack of manufacturing and selling. Look at all the big nations in the world, all of them sells something to other nations, chain manufactures basically everything and sells it to other nations, USA gives out oil and other stuff and has a ton of big corporations that sells stuff to other nations and make money and German has cars and so forth that they sell to other nations and make a ton of money.

Overall, if you could just sell stuff to other nations you could live and survive, if you do not sell to other nations you will be debt because you will no matter what will end up buying stuff from them so if you buy but not sell that means debt and debt will cause you to drop in value and drop in economical sense. That is why every nation should produce and sell something.
3223  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: July 23, 2020, 08:36:40 PM
For now , it is close to impossible for someone to hit 7/7 and by making it to 4 league like you suggested then they are basically increasing the chance for people to win. This is a free challenge and it bring nothing more than extra traffic to them, all those extra traffic isnt really guaranteed to bring in profit to their site as well

Plus with making it into 4 leagues instead of 1 , that means extra work for them to setup the whole thing in their system. As of now, the majestic 7 is still kinda broken there and some people including me hasnt been able to make some picks. Imagine adding 3 more  Lips sealed
Well, what I was suggesting would drop the reward, it is quite difficult to hit 7/7 as you said, so in this system they are giving gamblers a chance with 4 leagues which is not nice for the casino but they are also dropping the reward to 0.25 so they are actually spreading the loss instead, after all someone eventually could hit 7/7 one day and they would have to pay up 1 bitcoin full, but with my idea it is 0.25 instead.

Obviously there is no clear winner here, gamblers get 4 chances which is good but gets 0.25 instead of 1, casino pays only 0.25 instead of 1 but also has 4 places people might hit, it is not better for anyone not worse for anyone. The other broken parts thing is all about fortunejack, they could just hire a good developer to fix things if they want to, obviously do not want to spend too much manhour on something free I suppose.
3224  Economy / Gambling / Re: 🔥BITSLER > $10,000 DAILY Wagering contest < on: July 23, 2020, 04:11:23 PM
Everyone has different taste. Personally I find slots to be very entertaining, especially when it has a lot of features and different possibilities of in, that's where you get the most fun.
Live blackjack tables are one of the most amazing experiences too (nothing to talk about real life casinos). Play what you enjoy, not everyone likes soccer or basketball, others may prefer american football or etc.

And bitsler did amazing job, tasted their slots and while I was scared by that ox and bear, seems pretty one. Is this slot fully created by bitsler's developers? If yes, then great.
But still, I think it's better to contact slot providers and offer your clients a lot of slots or I guess bitsler seems to be a good in it and can work in this way.
Please don't get me wrong, it is an amazing idea for bitsler, like I said my wife sits in front of the slots and can do it for 8 hours straight with like maybe food and bathroom breaks and just not get bored, I find it mind numbing to do that but she just basically doesn't get up at all. Fortunate for me that she is a lucky one, she usually doesn't make too much profit at all and plays very minimum but also usually doesn't lose that much neither, she plays like for a month without depositing anything at all and maybe even after that as well, so I am the lucky one really Cheesy.

Adding slots is an amazing and incredible idea for bitsler because of people like my wife, there are tons of them out there, it is an easy game, you just click the button and things turn and you win or lose and that's it, simple yet fun for thousands of people all around the world.
3225  Economy / Economics / Re: Korea proposes 20% tax on crypto trading starting 2021 on: July 22, 2020, 10:03:56 PM
It's been a long time coming but it looks like they're finally here. Crypto taxes in South Korea.
Took them long enough. Honestly they don't look that bad. it's better than the capital gains threat that was being thrown around for a while.
20% on gains, minimum threshold is $2k/year, filed under income tax, starting October 2021.

https://thenews.asia/korean-crypto-tax-amendment-sent-for-review/
I see this as both a win and a lose for people. Now there are methods to do this that could make it better, but if the government is taxing bitcoin (or generally crypto trading) that is a way of saying "we see crypto and we agree that you should use it and trade it and we support you" because they are taxing it and when a government taxes something they are making it very legit, you can do whatever you want in crypto world in Korea and you will not face governmental backlash.

This is the good part obviously, the bad part is, if they do not charge it yearly, that means you could make a trade, profit, pay taxes, and when you do another one you lose and you do not pay taxes and now you are in trouble, so it has to be yearly and has a set date beforehand in order for people to prepare themselves for it.
3226  Economy / Economics / Re: How do you estimate resilience of economy in your country? on: July 22, 2020, 09:22:38 PM
I estimate it depending on my bills and my grocery shopping list. If I am paying a lot more this year compared to last year (I am) that means I am getting worse and it makes things a bit harder because our pay is not increasing too much, it is increasing a little, we have to work a lot more and in return we are still paying a lot more anyway so our live quality is dropping.

Instead of working 6 hours and making the same amount of money and paying the same things and having the same life, I am working 8 hours and making a bit more but I am paying a lot more so even though I am working more I am still forced to cut down on some other stuff, I have dropped my quality of life in face of economical challenges couple years in a row now and it makes things harder and harder and it is difficult to enjoy life because of it.
3227  Economy / Trading Discussion / Re: How do you make a trade or investment decision? on: July 22, 2020, 08:04:43 PM
There can be two methods for making investment decisions:
1. Technical analysis based
2. News based

Still, the third one what most people do is, FOMO based which is driven by intuition but in my experience this kind of decision making should be avoided regardless of you are planning for short term or long term. A decision on investment without proper reason (it can be technical or fundamental) might lead to unexpected results at most of the occasions.

Technical analysis based investment decisions are good for short-term investment as well. Because with the help of technical analysis you can find stoploss level as well which will be helping you to prevent big losses in the case of an unexpected market movement.

Based on news is nothing but fundamental analysis which is always focusing on long-term holding-based investments. When you are planning for long-term then you never need to worry about any stoploss levels given that that asset must be having definite future like how bitcoin is having.
3228  Economy / Trading Discussion / Re: Testing crypto trading bots with real investments - check out the results on: July 22, 2020, 06:48:35 PM
The difference between seeing the results here and actually using your own is the fact that you are going to have to individualize all of them. I have used almost all of them (with the exception of quadency) and I can tell you that every single person has different results with them because you put in your personal decisions.

Definitely there are click and go type of situations if you prefer that way but it is really not ideal since you do not know what you are clicking and going, so you check and when you check you may end up not liking some stuff and end up changing some stuff.

So, I would feel like maybe there was some sort of changes I would need to make it more personal and when I do that, suddenly I am different than all of you. Which is why results are something but it is not really that much relevant when we are talking about thousands of different ways to use it.
3229  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 play&invest BTC ETH LTC DOGE on: July 22, 2020, 06:14:28 PM
^That is what I was saying as well, when you have trading fee, you have to consider that when you are trading, so you can be a day trader who is doing all kinds of trades every single day but if you are not doing it properly that means you might lose in the long run due to the trading fee, that is basically what the house edge is.

Trading and Gambling is obviously not the exactly the same thing, of course there are differences and mathematically speaking you could always become a good trader or you could just hold bitcoin for a very long time until you profit but gambling would always result with a loss if you continue for too long however you can't deny that even though there are differences between them, there are also a lot of similarities between them as well that makes them so much resembling each other.
3230  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: July 22, 2020, 05:35:28 PM
^I would say adding other leagues and making this basically all around better would be the number one step. Do not make it 1 bitcoin if you do not want to, for example have 4 leagues and put 0.25 bitcoin to each of them, you would be maximizing the chances of people winning which is obviously not great for the casino but you are also dropping the reward to 0.25 for one winner and we all saw how near impossible it is to know for one league, so I think even though it would be easier when it is 4 leagues it would still not be like a weekly thing, it would still be once a season potentially and that's about it so the reward going down would even help fortunejack. Plus it would help us as well because instead of having one try at 1 bitcoin, we could have 4 tries at 0.25 which sounds better.
3231  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in cryptocurrency but which altcoins is good for long term holding? on: July 22, 2020, 04:57:13 PM
I would say that the best ones right now in my portfolio has been bitcoin, ethereum, cardano, binance, eos and tezos.
These are the ones that I prefer myself and I like it very much as well.

Obviously that doesn't mean that they are the only ones, for example I even have wave as well but I didn't list it, why?

Because I wasn't sure about suggesting it and didn't write there, that means even if I personally myself have coins that I do invest but do not suggest, there are tens of coins that could be suggested and I wouldn't really have anything against them neither, so at the end of the day that is just my list.

I can't guarantee any money at all to people who invest into my list, I personally made good amount of money from them and lost some of that back as well, overall in profit probably.
3232  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin market continues to gain momentum on: July 22, 2020, 04:19:59 PM
These days when I check it looks like the whole market is asleep, it is not like they are going down so I can't complain about it but they are not going up neither, so it is a weird feeling of basically nothing at all, an absolute silence.

If this continues for too long I am pretty sure that people would not see this as a sign of anything, it has happened before and I am sure it will happen again as well but at the same time I feel like there must be some sort of situation where we are talking about a change eventually, like up or down but a change nevertheless, it is really not something I would really wish for anyone to just watch a price for all day so that it could move somewhere in order to make a profit, all those day traders must be going crazy or already quit and looking for something else.
3233  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you believe in Ripple? on: July 22, 2020, 02:16:03 PM
now people haven't seen any potential in it and after it stop growing and that's because of the centralized system. As well I do agree on your banking thing, most of the big banks and financial system has been supporting it by investing in huge. Due to centralized thing many people thought it will not grow as much as it could be grow if it is decentralized. But according to the time many people have been holding it by hoping it will grow in future.
When I am personally hating XRP and its ripple corporation, I'm seeing it will grow regardless of what this community will be doing against them. I'm just talking from the past like what they have done and how they are currently working with their project. They are known for highly manipulating their own coins so that they will keep on luring investors into their coins.

Moreover, I'm seeing lots of partnerships are being signed up with ripple corporation from banking giants across the globe. So, if you are considering XRP as a stock then that will be good to go with it but you should not go for it like how you are doing and expecting with most other decentralized assets.

It is not a thing of believing in to XRP or not, it is all about how we are going to make money. From my experience, you can go with XRP for short-term benefits but you should never think about any plans of holding it for years. Because, being a centralized system will be a candidate to be seized by governments.
3234  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 play&invest BTC ETH LTC DOGE on: July 21, 2020, 09:16:55 PM
I have always said that there is a correlation between gamblers and investors as well, not that many gamblers can see it but many investors can see that. If you are an investor you are actually risking your money, you are saying that you would rather lose that money in investment and would like to see it not happening and instead making money but you are risking it.

What is the difference between that and playing dice? Not really that much to be honest with you. That is why I think investors know that deep inside they are gamblers as well, just not playing on provably fair and instead here you are the one that is getting the house edge as the investor. If you avoid playing and losing that investment, you could make above %10 per year very easily, but people would want more because of the risks involved.
3235  Economy / Gambling / Re: Stake 3 Out Now!!! 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: July 21, 2020, 08:41:45 PM
I doubt that non-provably fair games would make too much issue, I mean they are there and you are free to play them but nobody is forcing you to play them at all. You can still play at the provably fair original stake games if you want to and that is what matters, they are not taking that away from you. Plus, it is more like 10% of the games are provably fair and not 1%, there is about 500 games in total and there is about 20-30 games of stake right? I didn't count but it is not 5 for sure, so it is not 1%.

So, you still get to play provably fair games that you are certain you will not be cheated out on and other people who want to test the new games would end up playing in those ones, this way everyone gets to be happy and playing on the games they would prefer to play.
3236  Economy / Gambling / Re: Bitdouble.io |social gambling game |Prov fair | 0.005 mBit faucet | New PVP game on: July 20, 2020, 10:20:37 PM
Theres no other solution but to follow up on what you had suggested.If they did stop on paying referral earnings then its the best time to move into other gambling sites.
Ive been a moderator of this gambling site and im still surprised that they are still running up to this year which is already 4 years as of this moment and i do agree that
not all the times which a certain gambling site would really have that upward movements when it comes to popularity and profitability.In this case, if someone havent received their
commissions then its a solid indication that theres a problem.
I wouldn't say there is a solid problem that would end this casino or whatever, I am not familiar with them enough to say whats going on inside and whats the problem causing the affiliate network not working properly.

However I could say that there is a problem, not all problems are end level problems, some of them are just problems that are here for a while and will be gone after a while as well, that is why I do not think that we should focus on the problem being so dire that everything will end, we should instead try to communicate with the casino and ask why they are not paying affiliate people.

Look at binance, they didn't stop but they dropped affiliate from 50% to 20% and its still biggest, so there is really no way of telling if bitdouble is having problems that will cause them to completely stop, or if its just a temporary issue.
3237  Economy / Speculation / Re: Are we headed for 250k btc in 12-18 months? on: July 20, 2020, 09:48:41 PM
People have too much anticipation towards what happens with bitcoin price in next year or so, I get that halving happened but I really do not think that we should be this much hyped about it. Sure get happy about it a bit because we had halving and that means half amount of bitcoin we used to which means there will definitely be some increasing and that is definitely something to take into consideration and I do believe that it will go up as well.

But the difference between me and OP for example is that I believe 15-20k is a realistic place that we can reach so that is what I am focusing on, 12-13 is even more realistic and I will sell mine when it reaches there, on the other hand OP considers 250k is possible and that is why he might get more upset even while people are earning.
3238  Economy / Speculation / Re: Do you think the price of Bitcoin can exceed 10 thousand dollars at the present on: July 20, 2020, 08:57:17 PM
I guess that is like around 10% increase, so yeah why not? I mean that is not like too much for bitcoin to move so that looks like quite reasonable expectation if you ask me. I feel like you would not really expect bitcoin to fail 10% increase wouldn't you? The question is not that could it go up 10% it is not that, the real question is, will it go up or go down? Because if it goes down that means obviously it will not be $10k, but if it goes up, that means it will be $10k.

There is no "going up but not reaching $10k" because that is already under daily spread if its not $10k at that point. So, what do you think, will it go up? Will it go down? If you can answer this question, you can answer the $10k question as well, I feel like that is possible, I feel like it will definitely go up.
3239  Economy / Gambling / Re: Bitdouble.io |social gambling game |Prov fair | 0.005 mBit faucet | New PVP game on: July 19, 2020, 05:16:53 PM
There are times some casinos get a lot of attention and increasing numbers and there are times that number goes down significantly, that is just cycle of running a casino in my opinion, you do not always go up, it is not a straight line type of thing. You get some hype, you get low but you get hype again and go down again etc etc keeps going like that for a long time. That is why I believe it is quite important to feel like you are doing your job as well as you can without caring about the customer numbers in order to make sure you will get back on your feet.

However if they are not paying for the affiliates at all, that means the low could be a problem and not a temporary thing, after all people would take their own affiliates to other places that would pay them instead.
3240  Economy / Gambling / Re: Bitcasino.io 💜— ⚡Casino ₿oost ⚡10% extra on your winnings on: July 18, 2020, 08:31:17 PM
Yeah karl, we both know its in the hands of Curacao at this moment, but it would be NICE of YOU to at least send an email requesting an outcome of the case, as i'm sure bitcasino and her licensor go along well <3

Kind regards,
=snip=
I don't get the taunting of the casino, what can you attain from such behavior? Will they eventually forfeit and say that they shall pay you a purse so that you can leave them be? That can't happen could it? I mean what would stop the next chump who wants money to come here and bother people forever until they get paid as well? That is why they are moving this into official hands that are responsible for handling such tasks and you are still here trying to get some noise out of them for no apparent reason that would benefit anyone in the slightest.

Please do behave and try to contact people either from emails or just better yet take it up with the courts like a proper citizen would do and wait for their response, writing here only meddles with their marketing and quite frankly bores me with the same repetitive messages.
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