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3221  Economy / Gambling discussion / Re: Crowded Casinos - Play or not? on: October 19, 2019, 09:44:36 PM
I wouldn't play in such crowd it makes it hard to focus. When you play slots it doesn't matter but most other games require some time to think. Even when you play like a robot and always bet the same amount on the same number a crowded place like that will make you feel overwhelmed.

I'd go to a smaller place or just watch other people play.
3222  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do Investors always turn to reduce or deny bounty hunters their payments on: October 19, 2019, 09:32:38 PM
They do it because it allows devs to get people to work for free. It's a win-win situation for them. If the project fails they will not lose money on bounties. If the project gets to be worth some money they will only lose a percent of the profit.

This is allowed to continue because there's nobody to intervene. Bounty hunters have to stop working for free. Nobody will do it for them.
3223  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is Ripple not dead? on: October 19, 2019, 09:07:10 PM
Ripple is not dead because there are still naive people who believe it will go to the moon. It was losing value with its old CEO so they changed him and it's still losing value under the new one. XRP is shit.

It will have its pumps because the cheaper it is the easier it is to manipulate for fiat whales. Also the Ripple company needs it to be pumped from time to time because pumps mean headlines and publicity.

I pity people who are holding their XRP bags since the last Bitcoin bull market.
3224  Economy / Speculation / Re: What do you guys think about the death cross ? on: October 19, 2019, 08:48:06 PM
There were numerous death cross fakeouts where the price hit a death cross and there was a big red candle following but Bitcoin lost only a couple points and bounced back up. You can look for these fake crosses in the charts.

Yes a death cross usually means a sell pressure but this pressure can be big or small. It can mean bitcoin lowing 2% or 20% depending on the state of the market. Now it looks like we are bullish with the coming halving and shouldn't go lower than 6000 dollars.
3225  Alternate cryptocurrencies / Altcoin Discussion / Re: A million altcoins on: October 19, 2019, 08:27:19 PM
I agree with this 99% of altcoins are useless but there are some projects that utilize something new that could really work and some have features other coins don't.
Privacy coins are one example. Yes there are some issues with Monero but this doesn't make it useless. Nothing is perfect and some of these coins were meant to give something more to the crypto space. Some had failed but their ideas were good just not executed well enough.

Some of those good ideas:
Coins mined in a different way to see what works out best like CPU, HDD, PoS.
Privacy coins
Stable coins
Smart contract coins

3226  Economy / Gambling discussion / Re: How to be profitable in sports betting? on: October 18, 2019, 09:41:21 PM
The easiest way to be profitable is to bet on sure winners. Sometimes there are people who are just too good for their opponents and you can see it like if you bet on Floyd Mayweather in all his 50 professional fights you'd win every time. Believe it or not there are people who bet on him once or twice and then kept habitually betting their profits every time he was fighting. Those people made a lot of money without breaking a sweat.
3227  Bitcoin / Bitcoin Discussion / Re: Bitcoin will Be 1M$ if all countries Ban it on: October 18, 2019, 09:34:21 PM
It's impossible. The whole world can't even agree on what is pedophilia. Muslims are screwing 10 year old girls and it's not pedophilia, but when an 18 year old boy has sex with a 15 year old girl in the USA he can land in jail and have a criminal record. In one country you can smoke weed in another one you cannot. In one country you can drink at 18 and in another at 21.

Do you believe all countries would agree to ban Bitcoin together?
3228  Bitcoin / Bitcoin Discussion / Re: No Capacity to Kill Bitcoin! on: October 18, 2019, 06:05:16 PM
I listened to it all. It's a very nice podcast. I liked their positive attitude you can hear they dig it and are ready to defend it against naysayers.

The only way to kill Bitcoin from the outside would be to cut the flow of fiat but for it to happen all countries would have to cooperate and together ban exchanges. They wouldn't have to do anything about mining and crypto - crypto trading. Without the flow of fresh fiat crypto would be dead. Don't worry it will not happen. When was the last time whole world cooperated? Probably in the movies like Independence day and Pacific Rim Cheesy
3229  Alternate cryptocurrencies / Altcoin Discussion / Re: Poloniex closes his doors for US citizens on: October 18, 2019, 05:53:06 PM
It's going to happen more often. USA is probably the only country in the world that thinks a business located in another country has to obey their laws just because some American citizen used their service. If every country acted like that there would be chaos. Every country in the world would sue a business from another country because it broke their local law.

Businesses are afraid of the bully that the USA is.
3230  Bitcoin / Bitcoin Discussion / Re: What needs to happen in order for bitcoin to replace gold on: October 18, 2019, 05:15:33 PM
Nothing has to happen. It's an ongoing process. Bitcoin has been on a mission to be digital gold from the beginning. Its price closing to the price of gold is a proof that this mission is going good.

I think it will be more used than gold in future. Gold will remain a metal used in jewelry and electronics and bitcoin will be a popular payment system.
3231  Economy / Service Discussion / Re: Inheriting Bitcoin on: October 18, 2019, 04:39:58 PM
People had that idea before and not based on multisig transactions but on dividing the private key or seed phrase into 2 or more parts and giving each important member of your family one part. This way they will not steal from you but if you die they will meet up and combine it all to recover and divide your coins.

With all these options there's a possibility that one person will lose their part or die and they will all get nothing.
3232  Economy / Gambling discussion / Re: If Gambling Doesn't Ever Exist, What Will You Be Doing Right Now? on: October 17, 2019, 10:38:13 PM
Me personally? I'd be sad because I wouldn't be in a campaign promoting a casino Cheesy
I don't know what I'd be doing. Probably browsing this forum anyway just not being paid for it. I'm not sitting and gambling all day so if there was no gambling at all it wouldn't change my life at all. I also don't have and never had an addiction so my life would remain the same but a lot of people would be sad not having the ability to drop off some stress through gambling.
3233  Bitcoin / Bitcoin Discussion / Re: Bitcoin Legality effect on: October 17, 2019, 09:37:15 PM
The success of bitcoin is largely due to it being unregulated. You want it to become regulated thinking that it will increase its value but the history is telling us otherwise.

When New York was forming its bitlicense many bitcoiners were happy because they thought that regulation will pave way for institutional investors but it scared everyone away from NY.

Countries with less laws but no or low taxes like Malta and Estonia are what attracts investors.
3234  Bitcoin / Bitcoin Discussion / Re: 4 bitcoin risks you should know when investing in bitcoin on: October 17, 2019, 09:12:30 PM
Quote
Fraud risks
Because the issuance of cryptocurrencies, ICOs etc. has not been regulated by the government yet, scammers can sell fake bitcoin. For example, in July 2013, the SEC took legal action against a Ponzi program operator related to Bitcoin.

This is some serious bullshit. Nobody can sell you fake bitcoin! There is no fake bitcoin. The only thing they can sell you is a promise of bitcoin or a promise of bitcoin gains if you send them your bitcoins. A ponzi scheme is not selling fake bitcoins! You seriously don't know much about this and repeat some headlines found in the web.
3235  Alternate cryptocurrencies / Altcoin Discussion / Re: Before I Invest With Cryptoqurrency? on: October 17, 2019, 08:09:42 PM
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.

I totally agree with this, investing in new projects at the present time is very risky. It is best to invest in the top 10 strongest coins on Coinmacketcap, this will help us avoid risks and lose money.

That's a very good advice because with top coins you at least don't have to worry about them disappearing. These coins are also more robust and have a lot of supply held by fanatics who will need a lot of persuasion to sell. Even if those coins take a hit because of a ban or a bug they won't lose 90% value overnight. Invest in a shitcoin and you can wake up one day and have nothing. Not even time to react and sell what you have.
3236  Alternate cryptocurrencies / Altcoin Discussion / Re: Earning crypto on games - are you serious? on: October 17, 2019, 07:50:11 PM
I'm still waiting for a game that utilizes one of the existing cryptocurrencies . It would be great to have an rpg game that uses a cryptocurrency instead of gold in the world similar to diablo or wow. I played a few games that were supposed to have cryptocurrencies in them and one allowed you to buy ingame stuff for crypto and the other allowed people to trade items for crypto but almost nobody used that option. People prefered to trade for gold in game.
3237  Alternate cryptocurrencies / Altcoin Discussion / Re: Camouflage bounty manager? on: October 17, 2019, 07:39:11 PM
Such a scenario is easily possible. Talking about the Bounty, it makes sense to participate in the projects of only those managers who take different companies and have been on the market for a long time. If you see a project that is new and provides its own manager, it is possible that this manager will be in a team with the developers, or he himself will be one of them. In addition, this is a bad sign meaning that the project does not have money to pay Bounty to the manager and they save.

No it is not easy. OP said that it's easy to erase red trust and hide your identity to promote fraudulent projects. Please explain this to me. Give me an example of red trusted managers who erased their trust and continue to scam people. You can report them in Scam accusations or Reputation if you know they are known scammers.

It's very easy to damage your account on this forum beyond repair.
3238  Bitcoin / Bitcoin Discussion / Re: Bitcoin and kiddie porn on: October 17, 2019, 07:19:59 PM
What's negative about this news can someone explain?

Child porn was there in the 70s and 80s and the number of pedophiles who are found and brought to justice is increasing thanks to the Internet and people helping to track them down.
When there was no Bitcoin it did not stop them from trading porn for dollars and they are still doing it.
They were caught.
Thanks to this more people will hear about Bitcoin
Those idiots could've chosen a really anonymous cryptocurrency and not Bitcoin.
3239  Economy / Speculation / Re: "Bitcoin: Bearish Mood Strongest Since February" on: October 17, 2019, 07:08:42 PM
I don't understand why people are even reading that guy from coindesk and quoting his predictions is even worse. He's one of those usually wrong analysts.
When we were in the bear market of 2018 he was wrong every time and most of his predictions are it will go up but it can also go down. Cheesy

Consolidations aren't bearish or bullish they just are there. We can't say that we're in a bear mood when we've been making higher lows since the beginning of October.
3240  Economy / Trading Discussion / Re: Smart hodling vs just hodling on: October 16, 2019, 09:37:16 PM
I think the best way to buy bitcoin is by using the standard strategy called "buy low and sell high". The best time to buy bitcoin is when there is a price dip, once you buy the bitcoin at a low price then you need to HODL it for some time and wait for the bitcoin price to get higher and then sell your bitcoins with profits.

And you'll get to the point which all traders face when trying to follow your strategy. Is the dip over or not? Is the pump over or not? Are we already high or are we going higher? Are we already low or are we going lower?

I had that this Spring when I held coins bought at 4000 dollars and the price went to 6. For me it was a very good trade with 50% gain and i thought like we were going to get rejected at that level but we were not and quickly went up another 2000. So I had a chance of 100% profit but took a 50%. So again when is the right high?
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