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3481  Economy / Economics / Re: How will blockchain affect the taxing system? on: November 30, 2018, 06:00:45 AM
Apparently people can pay their taxes with bitcoin in ohio state now. Don't think that it is a minor thing, if people can start paying their taxes in one state, in only goes faster. Weed has been around for decades and governments have been fighting against it and only recently has started to legalize weed in some states, if ohio started to accept bitcoin as a payment for taxes it means the rest of the country is watching and just like colarado getting a lot of weed money, if ohio gets a lot of taxes from bitcoin it means other states will want to do the same for more money for their pockets. Hence it might look small for now but it means a lot for the future, bitcoin is literally accepted by a government as a payment to them, not only acceptable to use but also supported. This only means amazing things for all of us.
3482  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins with stady growth? on: November 24, 2018, 11:11:42 AM
I have lost so much this past two weeks and it is very stresfull. Have been looking for a more safe and predictable market movements, because I can not afford to loose all my life savings. I have come across Xaurum and they say you can trade your xaur for gold anywhere. And this gold keeps getting bigger over time. I have it in my portfolio for a month now and this last past days it was the only coin I own which was green, +20% today. What is your stable coin of choice with predictable market movement? Been looking to add more of them.
That's called savings account. You go to your bank, give your money to the teller, talk with a representative and say that you want your money to be in a savings account for a set period of time and they will give you some small interest for it. Without having that type of security there is no one else that would give you steady income, certainly not in crypto world.

You are looking to put your money into something and make money constantly, EVERYONE in the world wants that, do you think its easy to achieve? The closest thing you can have is the freebitco.in savings which allows you to put your bitcoins in there and give you 4% yearly interest for it, if the price goes up you have more bitcoins that worths more in the future, if it goes down, that interest worths nothing. For short, there is no short cut to glory in crypto.
3483  Alternate cryptocurrencies / Altcoin Discussion / Re: kill bitcoin cash, or forget this crypto revolution on: November 22, 2018, 10:54:28 AM
kill bitcoin cash, or forget this crypto revolution
One thing I have always learned with this market is to always be patient, and not to ever get emotional over things you cannot change but instead find good ways in which you can be taking advantage of the opportunity every condition brings. The fact that bitcoin cash is in the market now does not really mean much, the fact remains that the crypto market is here to stay, and in the long run, we will sure easily differentiate the real potential coins from the shit ones, when the market gets more matured, based on how they are going to all end in drain, leaving the ones with great product and usability. So for now, relax and buy the dips of those markets you believe in their long term.
3484  Economy / Economics / Re: Institutional Investors Are Using Back Door for Crypto Buys on: November 22, 2018, 09:15:51 AM
I'm on th fence about this. I mean these institutions only care about one thing, and that is profit. The more profit they have, the more they're willing to put money up front. The problem is, i and like minded other would want crypto currency to be stable in the market nit necessarily boost it's price.
Of course! If I may ask, you that you are not even an institution, what do you care about? You think anyone is basically here to lose? Institutions run a business in the financial space, and the sole aim of every business is to make profit, no two ways about that.

However, for the fact that they have upper hand and they know how to always drive the market in their favor, based on this upper hand, they will keep doing that, and driving the weak hands from the market until they all become laggards eventually and only those who will be benefitting from the market would be the real believers, the institutions and those who managed to dodge the bullet of the institutions.
3485  Economy / Economics / Re: The economic function of Bitcoin on: November 18, 2018, 06:46:16 PM
The basic economic function of bitcoins is the ability to be used as a remittance of money without the use of traditional banking system. The other function of it serving as a store of value and investment is not what bitcoin was created by satoshi to be but we made it so.
maybe what you say is true that bitcoin is an economic function that uses the times and of course the development of technology is also practically fast and efficient that is needed, someday in the future it will use digital facilities
The main function of bitcoin is to serve as a payment means which in this case a P2P payment without a third party and where you can be your own banks. We all know as a respect of that, a lot of people will have the freedom to do things without being hindered and the freedom to spend what they have.

Believe me, when it comes to using the banks, they have practically enslaved us over the years, tell us how much we can spend, change policies however they like, rip from us without any apology, have issues when it comes to making international transfers among many others and all these put together is what the crypto space is going to be solving and that is one great economic importance as far as I am concerned.
3486  Economy / Economics / Re: Bank of America will help large financial institutions to store cryptocurrency on: November 18, 2018, 06:16:25 PM
I second the opinion pamlek here! Banks have now realized that cryptos can't be stopped by passing a regulation in favor of the banks. So as a precautionary measure, they have decided to become a part of the ecosystem with controlling interest! Even though this service is not designed for the common mass, but carries a significant risk to cryptos. The power of common people should stay in the hand of common people.
Obviously, it is about time they knew they have lost the power and control gradually, and for what it is worth, now that people are beginning to get their eyes opened, I guess they will feel threatened the more with the crypto space in the long run, and this simply shows how confuse they are, coming up with different means of still managing to stay in the spotlight.

Unfortunately, it won't be that simple, as that would take a non-smart company or big institution to want to give banks the benefit of doubt to keep their cryptocurrency.

Why will I ever want to do that even as a person when I can easily be my own bank or when I am actually my own bank ?As confused as the banks are, it seems they just cannot get their priorities right.
3487  Economy / Gambling discussion / Re: how long you can stay without gambling? on: November 17, 2018, 08:05:47 AM
Some of the gamblers are addicted so much to these casino games so they can't stay without playing even a single day.

I can stop completely without gambling and can control myself.

How about you and how long you can control yourself for not playing these games?
Please
I can stay long  without playing gambling because i am not that addicted to it. I only gamble if i am in the mood or if my friends just invited me to gamble with them or go to the casino, i am not really a gambler i only gamble for fun or for entertainment when i am hanging out with my friends.
Well, if all you are doing is to gamble for fun and you can easily stay away from it, then good for you. At least you were able to find some good ground to stand on before even gambling and you have been able to set your mind into the right reality.

Most times, as long as you know gambling is just basically a game of luck and just a fun thing, the chances of not getting so overwhelmed in looking for profit or something you should not be looking for at least will help you to keep yourself in control, which it is that control that actually matters.
3488  Economy / Gambling discussion / Re: how long you can stay without gambling? on: November 16, 2018, 07:51:30 AM
Do gambling for fun and for profit . i am doing gambling since 2016.
I found its good fun and profit  sometimes its huge loss but that  is part of gambling you can not blame any person or any team.
few becomes scam few are still running . at starting I was addicted but when I was started suffering with loss then I just  started trading.
so earn less and spending  on trading.
But I am still playing in 2 or 3 days . whenever I get time.
I hope the trading you have decided to switch to is something you are not approaching in the form of gambling, because trust me, if that is the case, the same fate actually awaits you. One mistake a lot of people have made is to think trading and gambling are in par, but sure, they are not wrong.

They are in par when you trade without knowledge and strategy and you approach it just the same way you will approach gambling based on luck. Trading is a lot more than that, but it is a lot profitable and more of interesting thing to do than gambling as long as you know what you are doing.
3489  Economy / Economics / Re: Japan Approves Self-Regulation for Cryptocurrency Industry on: November 15, 2018, 07:32:38 AM
Japan’s primary financial regulator has formally granted the cryptocurrency industry with a self-regulatory status by allowing an industry body to police domestic exchanges. With the acquisition of the accreditation, they'll continue to make further efforts to create an industry that people can trust from everyone who uses virtual currency with members exchanges. Do you think we'll see this happening in other countries anytime soon?
Japan has always been a kind to crypto in general. Last year before all the hype happened in crypto there was a news about one card company that would accept you to pay them to fill the card with crypto if you want and would be accepted at over 260 thousand places all over japan.

You wouldn't be technically paying them crypto but the card will turn your crypto into fiat and the stores would be taking fiat whereas you would be spending crypto, which is the best way for adoption right now in crypto world.

In a country that accepts crypto at over 260 thousand stores I think it is not a surprise that regulations are much better than most other countries that tries to over regulate or over tax the crypto companies to squeeze as much money as they can from them making them barely survive.
3490  Economy / Speculation / Re: The pain of holding bitcoin in 2017. on: November 10, 2018, 01:55:42 PM
Most people want to get the benefits of the market without any effort, so what you are proposing makes sense and it will help people to make more money in the market if they learned from their own mistakes but that is something that is not very common, people prefer to keep doing the same thing over and over again and see if they can get different results and as you may guess that doesn't happen.
All that is required is even patience, but of course, there is no way anyone can even have patience without realizing what they are investing in, the potentials or why they should be looking at the long term in the first place, and all these things will most definitely affect their judgment as well as the way they basically think.

Obviously, most people who are pained right now are those who joined FOMO and of course, that was because they never understood the market and they never took their time to, but while some have learned from their mistakes and trying to make some adjustments, some will be whining and feeling painful for no reason at all, as if that would help them in anyway.
3491  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Masternode Coins Are You Looking At? on: November 09, 2018, 12:21:05 PM
I am interested in hearing what others are looking into for the research of masternode coins?
I have just one aim at masternodes, getting a dash masternode one day. Aside from it being very expensive and me not making nearly enough to get one soon the fact that it would be amazing to give constant passive income at those levels would help me out a lot. I know the price changes are either killing the profits or making them futile compared to which direction they are going but it still gives me a great hope for an amazing passive income which is basically all everyone wants.

I just hope I will have enough money to get one Dash masternode and I would probably not have to worry about small money problems, I wouldn't be set for life of course but anything small can be covered with the money I make from the masternode, like daily grocery needs are small enough to be covered with such amount. One day tho, one day I will have it.
3492  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency VS Traditional Financial system on: November 07, 2018, 07:39:12 PM
In your opinon do you think cryptocurrency have to become somewhat like a fiat currency to compete with traditional financial system?

Would like to hear your opinon.
Depending on what you need both have strong suits. I am a person who hates banks and I really try to not have any business with them at all. However, the traditional financial system still has some good deeds in it, for example having a credit card to pay some stuff that you can't afford right now but know you can after a certain time is still a viable option for many people.

Some people use it to pay stuff they can't afford and can't afford later on as well which is the bad side of the traditional system in which cryptocurrencies win because you can only pay with what you have and not what you will have which will be good for second type of people but could be bad for the first type.

I use a credit card even though I hate the banks but I know how much I will be paid and spend it beforehand. Same goes with loans and mortgages which you know you will be capable of paying monthly but can't afford all at once.
3493  Economy / Gambling discussion / Re: Which casino site is the best on: November 07, 2018, 06:05:19 PM
"Casino" wise the best one right now is probably stake. Even if they do not provide the amount of games some of the others provide they are the most known and trusted one we know of until they do something else. It is owned by the same company that owns dice site primedice which is one of the oldest dice websites out there and definitely worth the trust we give it. Stake is just another hand for them to provide us with more options than just dice website.

However, if you mean ANY gambling than there is two, one is the aforementioned primedice which is the king of all dice websites in the crypto site and the other for me is onehash, they are not maybe as big as many other sportsbooks but in my book offering the option to decentralized the odds for people depending on how much is wagered on which side is a better option than using the odds companies gives us.
3494  Economy / Trading Discussion / Re: Hong Kong authorities presented the rules of cryptocurrency business on: November 07, 2018, 12:25:01 PM
regulation or prohibition, in my opinion in this case is the same, it's just that they choose finer words so that news like this does not become a FUD, regulation alone has a considerable FUD impact, especially if they say "ban", because Hong Kong is wrong one place that has a number of investors and high enthusiasm for crypto
well, don't say a ban is a ban and regulation is an introduction to the legal framework of the state. So better regulation than prohibition.
Of course, when it comes to regulation that is actually developed for growth, lenient but straight to the point, then it is going to be a win-win situation for both the government as well as the users of cryptocurrency.

Regulation is a lot better than when we are talking about ban, at least, with regulation, we already know the stance of the government to the idea of the crypto space, and that would basically make more investors to find peace with investing in cryptocurrency without at least, getting the government breathing down their neck, which to me is pretty good for some high level of adoption in the long run.
3495  Alternate cryptocurrencies / Altcoin Discussion / Re: I wonder how many people have heard of TRX, DASH or IOTA? on: November 07, 2018, 09:56:35 AM
DASH and IOTA rank top 10, while TRX ranks top 11 by matket capitalization, but it seems that they are not as famous as the other altcoins. Too weird...
I know these coins, but I have never bought them. My way to get cryptocurrencies is to participate in ICO crowdfunding.
Well, everyone sure do have their own ways in which they at least are a part of the market, but the fact that the OP said he has not heard them or saying they are not as popular as other altcoins, simply would make me to believe he is either a newcomer in the market and like someone said, he should speak for himself, or is probably someone who has not been observant at all.

Dash, IOTA and TRX are like the altcoins you would not mention when you are talking about altcoins in general, and most especially, anyone who said he has never heard of DASH, still have a lot of things to get their head around in this market, I am so sure of that.
3496  Economy / Trading Discussion / Re: Best cryptocurrency to invest in 2018 on: November 07, 2018, 08:10:20 AM
1 ) NEO
2 ) Cardano
3 ) Monero
4 ) Bitcoin
5 ) Ethereum
6 ) Litecoin
7 ) Binance Coin
8 ) EOS

Do you guys agree? whats your top coins for 2018?

Source: https://altpocket.io/article/best-cryptocurrency-to-invest-2018
The coin is now a potential coin, because we know that the popularity of the coin will still continue to be an option for investment in 2018. of these 8 coins may be used as an option for prospective investors.
I wonder why bitcoin will be coming 4th on that list anyway, but in a way, everyone will always have their own opinion and how they see things. It is not a bad list at all, considering that most of the coins listed there have great potentials and they are obviously coins with great potentials even though we cannot actually tell what the future holds for anything at all.

However, when it comes to long term investment, I will rather tend more towards bitcoin and maybe some Ethereum and Cardano. Nonetheless, we are all just playing the card, but have no future what the future is going to be dealing us.
3497  Economy / Trading Discussion / Re: How to increase my holdings/Tokens? on: November 07, 2018, 07:53:55 AM
Selling them is not necessarily bad. Most of the tokens out there are not going anywhere as the teams never manage to deliver what they promised.

Investing in random coins and tokens just for the sake of increasing your holdings without doing any research etc. won't get you anywhere. So if you're selling your tokens to bitcoin for example and then keep hodling, you're actually doing good.
That is just the thing, and for most part of it, it is pretty obvious, the OP may not even have an idea how to do some due diligence before even investing in anything and in that kind of case, there is every likelihood that he does not even have a clue what the ICO price would be considering the fact that he said he could not repurchase them.

Well, he understands his own problem and as long as he is not ready to actually make some changes to the way he approaches thing, when it comes to spending, and not having any plans at all, then, which would always be a problem for him. Better still, he should just learn how to find good projects, participate in them, hold them for as long as he can, and then get real jobs to at least keep sustaining him for the time being.
3498  Economy / Speculation / Re: Fake dump on: November 04, 2018, 12:24:54 PM
This is not a "pump". Pump is when something goes up and goes down insanely. Bitcoin should go to 15 thousand dollars and drop back to 5 thousand dollars in order to call it a "pump".

What happened here is a speculative movement that was manipulated by the whales but certainly not even remotely enough to be called pump. They are only viable when something goes up or down 20% give or take.

Do not create fear in people by calling bitcoin had a pump, bitcoin is too big to have a pump. Even during the best days of it when it went up from 3 thousand to 20 thousand dollars it took almost a full month to reach there, we didn't had that 20 thousand dollars in a single day. However the sudden quick rises and falls in bitcoin price really does create a untrustworthy look for it from the eyes of a traditional investor, I will give you that.
3499  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Strategy on: November 01, 2018, 04:37:23 AM
My strategy is always being inside. The important part in bitcoin world (crypto in general) is to be in all the time, doesn't matter how much bitcoin dropped or looking horrible it is always ready to skyrocket to moon one day.

If you are always in crypto and always hold coins than there is no chance of missing out. There are millions of people around the world who keep saying "I wish I got into bitcoin when it was just couple cents" but they are forgetting that the price is lower than the all time high right now and if they get in today there is a good chance they make double their investment in a year or maybe even sooner.

You may not make hundred times over but you can double your investment, if you look at ethereum and other stuff they are capable of going double even triple their prices and more so it is wiser to be always in than regret not being in.
3500  Economy / Speculation / Re: Bitcoin 2013 vs bitcoin 2017 on: October 31, 2018, 06:22:23 PM
Just because it has happened once doesn't really mean it will happen again. This "history repeats itself" is not true at all, we had so many things happen in history that is absent in today's world (thankfully) and this is one of them. Yes there is a chance that bitcoin will increase in price however it doesn't have to do it at all.

Bitcoin is improving every single year and just like the post says there is more people in bitcoin now than ever and this could make it a quicker return instead of waiting until November of next year. Also the price can't increase at the same rate again because the marketcap would go above the stock exchanges of the USA which is really unlikely for now to achieve in crypto world.

We are big but nothing close to that big. Stock exchanges have been around for decades and we have been here only for 10 years now.
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