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3421  Economy / Economics / Re: Will Amazon accept crypto if Bitcoin skyrocket again? on: February 05, 2019, 05:53:58 PM
I doubt he will sell any shares to pay his wife, usually people like that just keep on paying monthly money instead of one big huge money, he will pay a big money all at once at start but not big enough to sell a part of his company. Instead of paying like 20 billion now and done with it, he will be paying probably like a billion now and 50 million forever type of deal.

He will also have lawyers that will try to find a reason to not pay at all costs, that is how rich people divorces happen, they try to find a way to not pay at all. Some do find a reason and some don't but all look for it. However that will not affect amazon at all, not even a bit.

For bitcoin to be accepted all we need is amazon having assurance from government that its fine to accept it. Plus maybe they will have their own blockchain crypto currency? Wouldn't be really that difficult to do if they want to.
3422  Economy / Economics / Re: Do you remember how you feel about during 2008? on: February 05, 2019, 04:44:15 PM
Not that long ago, even early in 90's house prices weren't like this. I remember my dad paying about %10 of his salary to rent and decided to get a house instead and paid about 3 years salary worth of money to buy our house. Think about it, 3 years worth of salary to buy a house, he wasn't some CEO of a big corporation neither, he was just a middle management in a logistics company. Which means he was making money a bit above the regular average and twice the minimum salary.

Look at the minimum salary of today, double it and calculate the 3 years worth of it, can you buy a house with it ? Impossible task, which means it is not going well for any of us, not just the millennial but also the elderly people who do not have as much as their friends have. Some old people saved and that is why they look down on us but not all of them did, hence why everyone should be scared of where we are headed.
3423  Economy / Economics / Re: Oil could lose $9 of it's value. In a week. on: February 05, 2019, 04:04:39 PM
Really? Oil? I mean I get that this is economics and I am fine with talking about anything but aren't we in "bitcoin"talk ? Why the talk about oil. Will it affect anything on bitcoin, what happens to bitcoin if Oil drops 9 dollars in a week, will there be consequences for the miners or something ? Maybe change in energy prices that would affect the costs of miners which could increase the price of bitcoin as well since they will have a higher threshold of selling their mined coins ? I mean if none of these are true why are we really talking about oil ?

If there is any relevance to bitcoin that I am missing I would love to learn about it but if there is not then its just Oil and hopefully some old energy system that we are moving on from thanks to solar and wind and many other ways of making energy.
3424  Economy / Gambling discussion / Re: Which gambling sites offers investment on: February 05, 2019, 03:06:21 PM
No, that is ethos not ethereum. Meaning you need to divide the ethos to 1 million to see how much eth they won.
Hence, they won about 1521 ethereum so far (still amazing btw) and that equals to something like 160 thousand dollars profit.

Not that its low but it has nothing to do with 209 million dollars or anything. If I am wrong or my math is not right they can answer themselves but from the calculations ; one million ethos is equal to 1 ethereum, which means since they have won 1,521,339,485 ethos so far dividing that with one million comes to conclusion that they won about 1521 ethereum so far, that is at least how I calculated, one ethereum is about 107 right now (changes all the time) which if you multiply with 1521 equals to about 161 thousand dollars.
3425  Economy / Services / Re: [OPEN] NanoGames.io Signature Campaign Sr./Hero/Legendary on: February 04, 2019, 06:21:31 AM
BitcoinTalk username: darewaller
Profile Link: https://bitcointalk.org/index.php?action=profile;u=557005
Rank to apply:  Hero Member
Current post count (including this): 1214
nanogames username: darewaller
BTC address: bc1qrs5scdtnuj2cuj5f8hw7kq6khkpvt5quxpu9ga

Have you joined Discord: Yes
3426  Alternate cryptocurrencies / Altcoin Discussion / Re: The Real Solution to Dumping on: February 01, 2019, 08:14:41 AM
Only condition is, your project must remain attractive.
In recent times, devs are working in different manner. They are not focusing on their concepts nor on real life application development but they are focusing only on listing their coin/broken into highly reputed exchange and then keep bumping it to make it attractive enough. This way they are getting continuous investors and traders to pump and dump their coin and then they are making lots of money out of it.

From this kind of devs, how we can expect they are bothering about taking measurements for preventing their coins from getting dumped. I believe this kind of devs just focus on making their coin/token to be attractive and that is not based on concepts and real success of their project but attractive as a trading asset.
But, I believe they cannot sustain for long time without having actual progress with their projects only in short term they may manage making their project attractive but in long run people will never get failed to analyse what are the progress is going on with their project.

I am also looking for high volume coins for short-term trading. In this case I may choose a coin like you have mentioned but for long term holding definitely I will look for fundamentals in those times they cannot make up a project like it is being attractive without having actual developments. Hence, they may get failed over the time.
3427  Economy / Gambling discussion / Re: How to choose a good casino among the many others? on: January 24, 2019, 03:06:13 AM
I believe the best place for anyone is the place they feel at home. Gambling online is an intimate thing and if you are a frequent visitor of a website you get to know people. You know other gamblers there, you know the owners, you know the mods. Basically you create a space where you talk with other people. That is the way I have been selecting places I gamble.

I have been a frequent visitor of primedice for a long time and have been talking with "friends" there for a long time now and before that I had the same with just-dice. I just wish those places also had the capability of pm as well, that way we could send private messages between each other instead of trying to talk on the general chat which sometimes is too fast that you miss messages from people.
Online places are much better when it comes to fairness and table limits and so forth.

I mean in real life you have no idea if the game is fair or not, they have many issues and the house edge is almost always higher, there are rarely ever any games where the house edge could be as low as 1% in real life casinos, which brings out the reality that odds are much better in online casinos compared to real casinos.

Fairness is a thing of the past, in real casinos you can't really tell if a casino is screwing you or not but you know in online casinos there is provably fair that allows you to check how fair a game is.

Table limits are a bit of a problem because no matter how rich or poor you are there is always a table for your limits somewhere in the world for you in real life but you need to "go" there however on online casinos the limits are a bit "limited" but you don't have to go anywhere, you can play from your home which is the advantage.
3428  Economy / Economics / Re: The Decline and Fall of the European Union on: January 22, 2019, 05:54:42 PM
It is not the fall of European union just because monetary system is crumbling. It is also a problem that migration created a trouble among these places, just because one country allows migrants doesn't mean other should and that creates a tension between countries, one country has a lot of debt while the other has a surplus is also a problem as well.

I mean Germany has been seen a bad country just because they are making a profit while others are losing money, that is not German problem that is other countries problem but unfortunately the countries with debt like Greece see Germany has a new reach system or whatever. Hence, it is a political problem as much as a economical problem, if the countries that create these problems were ruled more efficiently and better than there wouldn't be these troubles.

Look at Scandinavian countries, they have almost exactly the same issues as almost all Europe but they are not seen bad, many leftists use them as example, why ? Because, even though they have the same trouble as the other countries, they do not meddle with other countries, they are always going along good with others. Have you ever heard Sweden, Norway or Denmark to ever have a beef with any country ? No.

Do they have zero problems ? Of course not. That means the trouble lies with not countries inside but their actions against each other.
3429  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: January 20, 2019, 06:01:52 PM
Lakers eventually lost to Rockets on overtime but that is fine, this is lakers that is missing Lebron and they still came very close to winning against Rockets who where conference finalists last year with just 1 game away from potential champions.

The last shot of Eric Gordon that went in was the basic explaining of Lakers in recent years. They defended everyone amazingly, they were all over the court, they covered the pass lanes, as soon as Eric Gordon got the ball someone was right on him and everything defensively looked amazing and perfect. Then when he was shooting the person who was like ONE inch in front of him didn't even put his hands up. That is Lakers for you, do everything perfectly but at the last second instead of raising your arms and defending properly just let go of the shooter with a fear of fouling.
3430  Economy / Economics / Re: Long Bitcoin Short Banks. on: January 18, 2019, 06:15:46 PM
Thankfully my country banned such practices.
Banks are already making waaay too much money thanks to giving people less savings interest while giving people higher rate loans and keeping all of those money in the bank instead of actually giving people banknotes which means they are capable of using those "numbers" to invest into companies as well.

Take a look at my countries stock market, all of the public companies are either owned by banks or at least they buy as much as possible even if its just 30% open to public they own like 27% of it and give the rest to regular people to have fun.

It means they literally own all the open to public stock market companies in all of my company anyway. It doesn't make sense to charge couple dollars a month from each person as well. I mean they are making literally billions a year, why try to screw over the little guy. Government finally said that is enough and they cancelled it.

Banks are so ruthless and shady that they are still charging people for it but if you give them a paper saying you will sue them and get more back later on, basically a warning, they give it back to you. If you don't, they charge it and you let it be, than they still earn money.
3431  Economy / Trading Discussion / Re: Trading Tricks For Newbies on: January 15, 2019, 11:48:45 AM
Trading is not very simple for those traders all strategies they know can't work because of the situation in the market it shows that every minute your 1000$ money will loss in just one click if the price dumps.
You do not need any strategy when you will be trading in long term basis. A trading does not need to be technical strategy based but it can be fundamental strategy based too. Yes, for long term based trading, you just need to be sure about the fundamentals of one coin for long term holding. This way you never need to worry on your $1000 or even bigger capital to be dumped. Because even it got dumped, it will recover over the time.

For step 3, I think it is the most difficult thing to do. Since we won’t know how low the price will go to.
This is the reason why I never consider any tricks because most of them are all not at all practically possible one. Even people suggesting them are well aware of that, going for suggesting it by assuming like it will be possible for all the people. But, practically it is not like that.
3432  Economy / Trading Discussion / Re: How to profit from the market, bulls or bears on: January 15, 2019, 07:29:15 AM
The problem is sometimes whales take action suddenly and chances are we also don't know what whales will do later, although it would be better to trade by following a step whales, but I think whales is currently not visible, even what appears in crypto is small fluctuations and there is no pump or a large dump.
Whales might be tired after dragging bitcoins from $6500 to $3500 in less than a week time Grin. But, I am not sure how easier to follow whales even some telegram and skype groups are claiming that they are having access to whale's order-books. I never believe into such a bump and dump groups.

If market is bearish then you can buy many coins at lower rate and once it begins to rise it will be quick and fast growth so you can make more money in less time . On other hand during the bull run if it starts falling then you are struck .
Buying in falling markets and then waiting for long period will enable anyone to crack profits regardless of when bulls may fail or when bear will come to action. Simply plan for long duration then you get avoid getting struck. I agree buying at the end of downfall may give me quick and big profits but you cannot buy at exact bottom also so you cannot be sure about continuation of bulls after you bought.
3433  Economy / Economics / Re: USD will crash before BTC on: January 15, 2019, 06:32:26 AM
Let's see, BTC has crash but recovers, I don't know if USD will recover, so much non transparency with USD.
If you go for studying the past incidents then you will easily find out how easily US government went for bailing out their own currency hence USD may get recovery than anything else. I guess all government will try for that with their all available resources. Here, transparency is not at all a criteria.

I hope by that time it will lead to people putting their money in crypto, so we will have a new generation of money that is more transparent and decentralized.
Obviously most investors will rush for alternate investments and in this modern time, bitcoin will be their first choice unlike traditional investor was doing with gold. Please understand transparency and benefits of decentralization concepts are only for long term adopter but definitely not for institutional investors. They will just look into how much returns they may get and then they go for some other opportunities.
3434  Economy / Economics / Re: why are you sure the bitcoin will be make economic freedom? on: January 14, 2019, 05:46:20 PM
what I have seen in the last few years is almost all of the cryptocurrency controlled by the crypto exchange and some related industries about blockchain, so this what is called freedom (most people only think they can print money easily and quickly) ?
What you mean by to cryptocurrency controlled by crypto exchange ?
I'm not seeing anything like that. Crypto exchanges are just providing a platform for meeting buyer and seller other than that they are not having any control over the cryptocurrencies.

No one could control a decentralized cryptocurrency but it is believed some people are controlling the prices of few cryptocurrencies but there will be no proof on that.

You cannot make easy and quick money with cryptocurrency. You must need all the time and efforts to earn it which is no different from earning fiats.

The actual freedom of cryptocurrency is ensured to by being decentralized. It means there will be no central authority to block or freeze your money. There is no central authority hence no one could make their own decision instantly (unlike most governments are doing). There are set of rules and regulations and it will be followed and changes will be possible after consensus only. Your hard-work will grow over time unlike traditional inflationary fiats. These are very few example of freedom that we could get from cryptocurrencies. For more enlightenment please follow google.
3435  Economy / Economics / Re: What is the point of Bitcoin if we all are getting cucked anyways? on: January 14, 2019, 05:16:59 PM
What is the point of having a limited money supply like bitcoin when a unlimited money supply like fiat(usd,cad,euro,yen) can buy it all? the bankers still win no?
I believe everyone here will be preferring their bitcoins to get bought but for the prices they will be quoting. What is the point of buying all the bitcoins ? They will sell after that for lower prices? I believe no one will sell for losses. Bitcoin will match with its limited supply to those fiats even they all are having unlimited supply. I am not sure that you are right with your point of buying all the bitcoins will make them winner against the seller.

Basically bitcoin will have more value according to demand hence sometimes you might not able to cover even with your unlimited fiat's supply (this must be an extreme scenario and may not be possible in near future).

Moreover bitcoin can have any number of units as electronic payments are known for infinitely divisible.
3436  Economy / Speculation / Re: Is Bitcoin Price Heading to Low $3,000? Traders Expect Short-Term Downtrend on: January 14, 2019, 03:44:40 PM
I doubt it will continue to drop, right now I think it has returned from 3.440 levels and from here on out it will probably go back to 4 thousand dollar levels, not like it will break that and move any further but those levels seem like proper level it can reach after a spike. We are living in a time when price moves high and low between 3.4 and 4 thousand dollars quite frequently and until something major happens the price will stay here. Without a proper reason to move higher or drop lower the price will bounce like a ping pong game.

So, right now we have seen the low once again which means it will ping pong itself upwards towards 4 thousand dollars once again and without a major shocking thing happening it will go back down to these levels again, this will continue forever until something changes.
3437  Economy / Speculation / Re: Predictions if Bitcoin ETFs are approved on: January 14, 2019, 03:10:35 PM
The crypto asset management firm Bitwise has filed an initial registration form for a new Bitcoin ETF proposal with U.S. regulator SEC (Securities and Exchange Commission).

https://coincodex.com/article/2859/bitwise-proposes-new-bitcoin-etf/
I just wonder what changes they have made within themselves so that they will get approved unlike what we have seen in the past. Until now, so many ETF applications were rejected and I do not think what will be the possibility if we keep trying on.

Basically SEC kept rejecting all ETF applicants for the reason of lack of central administration for taking care of investors but that could not be fixed with bitcoins. I do believe only when SEC starts realizing the features of being  decentralized system like everyone should take care of themselves and should not depend on an authority then most probably we may get approval.

I'm not seeing SEC to liberalize their terms in near future but it may happen when there will be new people with modern thoughts governing there.
3438  Economy / Speculation / Re: BTC Mysterious instant drop? on: January 14, 2019, 01:55:43 PM
What caused this? How can the price be so volatile? Who is behind the market for real?
It is too early to know that Grin. Yes, I'm always getting reasons for ups and downs of bitcoin markets from few crypto magazines but only after 3 to 4 days.

I just wonder how market is exactly following whatever things had happened by the times of 2014 and 2015 (up to first 14 days of January). If you remember, bitcoin got its 2014 and 2015's low by mid of January 2015, now also it seems that we are going to have similar market swings. But, from February 2015 onward, bitcoin market remained sideways and also in upward till December 2017. Hoping those best days to happen again now.

I am hoping that bitcoin will not break $3200 forever. It is holding around $3500 right now and it is really a crucial time as this might turn be an actual bottom for next 2 to 3 years. If market start rallying toward $4200 then we can sure about having $6500 before end of this March.
3439  Economy / Speculation / Re: Numerous altcoins and tokens also a reason for bitcoin's downfall ? on: January 14, 2019, 01:20:52 PM
I think the closest reason why bitcoin went down was that people who had a lot of bitcoins before the peak happened gathered their coins while it was really low however had no reason to sell when it was just couple hundred dollars. The ones that sold was easily eaten by the buy walls we had and the price kept going. However, people who bought or get into bitcoin while it was less than 100 dollars had no reason to keep bitcoin when it reached 20 thousand dollars and that harsh big sell dropped the price significantly.

Altcoins that came out during those times were one way of people running away from bitcoin and investing their money into stuff that they believed was the beginning for a great new coin and they would make thousands of dollars from simple investments but that was the breaking point not the starting point.
3440  Alternate cryptocurrencies / Altcoin Discussion / Re: HODL&CALM on: January 13, 2019, 06:04:12 PM
Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
A lot of people already hold but for calm, i think they will more aware with crypto for now especially with this price that keep to down and down again. It is better to do other strategies that we can to get profit back.
What other strategies ? I do not think anything like that available to get profits back other than simply holding for some more months so that market will bounce back to a new ATH. This is time for buying more and if we have old stash of coins then we must continue our holding rather than looking for any new strategy as of now. Being calm is highly recommended now.

there are some things that are delayed for a long time and cryptocurrencies in my opinion will also remain alive for quite a long time.
What is delayed here ? You mean "staying for a long term". Yes, cryptocurrencies will stay with us for ever so that we never need to worry about holding them. Please note, but cryptocurrency I meant only bitcoin kind of highly reputed coins not all the coins. If you hold highly reputed coins then, you can be sure about being calm while holding.
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