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361  Economy / Economics / Re: Crypto Market Stable at $137 Billion as TRON Surges 7%, Still Bear-Biased? on: January 10, 2019, 04:50:01 PM
That is the thing about crypto, we go up or down according to news. In a very normal day prices fluctuate very rarely, and even if they do its usually quite small and doesn't change much about it and can be recovered quite quickly. However, sometimes something big happens either bad or good and price suddenly changes. Craig sells btc, we go down, china bans btc, we go down, eth has hard fork it goes up, bch has a fork it goes up.

Basically I have always told people who try to read charts and so forth to estimate where we are going that they are spending their time for nothing, price of bitcoin and all other cryptos will not move according to a chart, its impossible, it always moves according to the news and moves we see outside of the market. That affects crypto prices more than anything else.
362  Economy / Economics / Re: Will 2019 take us to Moon or Mars? on: January 10, 2019, 03:35:38 PM
I think it will just take us to atmosphere for time being. I doubt it will go up that much, I am sure it will have a much better year than 2018, we have lost about 80% of our value in 2018 and in 2019 we will not have that, even if we close the year at 2k per bitcoin (which I hope never happens) that is technically "better than 2018" by comparison.

Hence, whatever happens this year I am sure it will be better than 2018. For now my guess is 5k+ for the year averages sounds nice, we can go above 6-7 thousand dollars but if we take the yearly averages and it is above 5 thousand dollars I will be happy about it.

Let's wait and see these bakkt and sec things so if they happen and we are still not above 5 thousand dollars than bull will have trouble since even with that price stands still but if the price goes up after that than we will be fine.
363  Economy / Gambling discussion / Re: Gambling is growing at nonstop rates in my country on: January 07, 2019, 06:34:29 PM
For most Rich people, they are just dealing with this activity to have some social life and to have some fun with their colleagues, they are taking some time to chat with friends or relatives while enjoying the games that they are playing, while poor people take this as a game of chances, when lucks permits them it can be an easy earned money making activity, while if they losses they will keep try recovering / winning back and repeat it from time to time.
But from a government's view, they should bother about the consequence of having gambling and they should not have different opinion based on our wealth status. I mean to say it's not okay to have more gambling houses when rich people are not getting suffered and only poor people keep trying with gambling then why should bother about banning gambling. A government should work for all the people. Allowing gambling even they are aware of how people are suffering must be kind of dictator ruling.

A country's gambling industry should be under high level of monitoring and the growth of number of houses should be regulated to have minimum number of houses. But, I'm not sure how many governments are working this way for taking care of their citizen's health and wealth.
364  Economy / Gambling discussion / Re: The danger is the addiction, not the odds on: January 07, 2019, 06:03:33 PM
I know people who are greedy but never gamble, they are greedy but at the same time reasonable.
Greedy people will go for gambling more frequently and due to the reason of sticking with gambling they may get addicted not just due to the reason of being greedy. But, being greedy is the core reason why they are gambling and finally getting addiction.

Something very few people say is that many addicts have a big ego, their addiction come from this, their ego cannot handle the fact that they lost money, so they always end up chasing their losses. You can easily spot them in casinos.
When greedy people are challenging houses for making more profit, those aggressive people are challenging gambling houses for recovering their losses. At the bottom line, if you have emotion failure while gambling and you cannot control yourself then addiction is the result. No one could escape from this. Being ego is also kind of emotion failure. But, it is a new thing being discussed in gambling board hence need more information regarding this before for sharing what exactly it should be.
365  Alternate cryptocurrencies / Altcoin Discussion / Re: Passive income from cryptocurrencies in 2019 on: January 07, 2019, 02:18:17 PM
This subject has been already discussed, with no conclusion obviously.
There are several possibilities to make passive income through cryptocurrencies but you cannot be sure about you will be making reasonable amount for your capital and time taken for your research and analysis. But, I'm sure if you hold your rewards in bitcoin or in any other major coin then you may find it worth for your hard work and time.

Now, after a hard year there need to be more incentives for investors from coin dealers and project managers just to sell tokens. There are ETOs
What is ETO ? I am sorry I am just hearing this for the first time. Let me google it. It seems like an legal thing as per German regulations. Finding this very much useful and interesting. Let me share my view once I conclude my reading and few more researches. I found this : https://cryptonewsmonitor.com/2018/07/14/what-is-an-equity-token-offering-eto/
366  Alternate cryptocurrencies / Altcoin Discussion / Re: How to identify SCAMS? Got in one :( on: January 07, 2019, 01:46:38 PM
A lot of scams happening in the ICO market due to lack of knowledge and desperation to dive into crypto market. Although there are many ways by which you can identify these scams like: Team profiles, whitepaper technicalities and etc. But is there any way to identify when all these things are taken care of?
It is not that easy to identify potential scam ICOs. Because people are smart enough to modify and make up their project to showcase like a legitimate one. That is the reason, most of the time this community is failing to identify the scam ICOs. Only after getting them listed into exchange and heavily dumped, people start realizing about their scam. Because, such a scamming project's coins/toekn will never find recovery and then it will get delisted from exchanges. But, this kind of identification will not be having any significant benefit for the investors as finding a scam is being done here very lately.

Identifying scam projects is too difficult because of two reasons. First one must be, some projects are not intentional scam but unable to manage them properly they are failing and then scamming people by not keeping their words. Another type must be, even a project is good,  when they are not able to convince people to contribute into their ICO, they are failing and then it seems like a scam to people.

Obvious scams can be easily identified when they are not smart enough for hiding them. But, when an experienced gambler is coming up with a project, we may fail to identify them as it is too difficult job for anyone until experience that scam by ourselves.
367  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Advice for Bounty participants on: January 07, 2019, 12:57:27 PM
Learn to have patience as well. Patience is the key to everything amd you can achieve anything if you know how to wait. The market is bloody red and we should all do the best about it. We should make an opportunity in it and not think of it as a hindrance to earn more. There is always light even in pit darkness, the only difference is that our eyes is closed.
I agree. This is the time for relaxing ourselves. Yes, the total crypto market is not doing well hence how we can expect bounties to pay us good rewards. It is good to stay away from crypto trading and also from participating in to campaigns. Because, when ICO operators are not able to collect as per their expectation, how we can enforce them to pay us the big rewards for ever contributions in their campaigns. Let them come stronger in coming days so that we can get our rewards as per our time and efforts.

At the same time we should stop supporting scammy projects. We should do take our time to filter out the right projects when choosing what are the campaigns we are going to engage ourselves. I believe most people are not doing this and that is the reason all kind of projects are able to get as much as participants for their campaigns. When more people are refusing one project when it is not good then it will obviously get failed over the time.
368  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the governments ban all privacy cryptocurrencies ? on: January 07, 2019, 09:13:16 AM
It will not be banned, since it is much more difficult than to create control over the entire market. Therefore, while there are not even the first steps, it is possible not to worry about the ban.
Yes, we do not need to worry about any ban on any type of cryptocurrency. I believe no government will be having a separate stand only for privacy concerned cryptocurrencies. Most probably they will be having only once stand which is applicable for all types of cryptocurrency because any crypto currency could be having anonymous feature with few steps or with setup like bitcoin can be anonymous if you go for mixing services.

Crypto was created indeed for anonymous transactions, so that was not the reason the government then banned crypto.
Please do not spread wrong information about the purpose and why we are having crypto currencies. As far the I have learned, the crypto currencies are not created only for the reason of having anonymous transaction but it is the feature and we may go for it if we like. Cryptocurrencies are here only for the reason of having a decentralized financial system.

Quote
don't hesitate to buy, the bull run will happen soon and the government will never be banned from crypto.
I believe many people are hesitating to buy/invest crypto currencies just for the reason of fearing about government's stand. I too believe no government will go for completely banning even if they do I am sure they could not implement such a ban.
369  Economy / Trading Discussion / Re: could it be the next scenario? on: January 07, 2019, 08:02:20 AM
From what little I have learned from trading is that there are fractals and you can guide one with them, could it be the next scenario? ..... If so, 2019 is for purchase of BTC and Hodl

[im g]http://i63.tinypic.com/a9tmhx.png[/img]
Honestly I do not need any technical analysis for making myself to buy more bitcoins for holding. Yes, I am already in plan to buy bitcoins as much as I'm able to, by adjusting my all other budgets, so that I will be having more bitcoins than actually I have planned. After the yearlong fall-down, anyone could easily predict what will happen with bitcoin markets. Yes, this is the right time to buy more with long term plans. I'm not suggesting to anyone to go for buying more bitcoins right now without planning to hold them for longer period.

Price will literally increase. But maybe the next scenario for the bitcoin will down again. But this year and next coming few years we expect the value become high for the second time and we can earn money for the second time too.
For this reason alone I keep suggesting to everyone to plan for long term. Because, in short-term bitcoin market may come down again but it will not hold in lower levels for long time. So, it will be bouncing back after some time. Buying bitcoin and holding them for years will be more profitable than any other investment plans.
370  Economy / Trading Discussion / Re: How to survive on: January 05, 2019, 08:12:30 PM
If you are still believe you will not stop investing. Despite of the situation of the market right now most of us are hoping that it will increase again. The best thing to do if you have coin that has a good future it might be good if you just hold it and wait for the time that it will increase again. Trading needs more patient to earn more profit.
The current market situation is good for buying more but most of the traders have very less capital left after investing so far in this downfall market. We just need to wait for some more time so that the market will be bouncing back and will be recovering our losses and may get some profits too. I believe active trading will not get the possibility of surviving out of this downfall market. Surviving from market is easier when it is rising but with downfall market it is very difficult.

Even the long-term holder's must be having potential losses right now with their portfolio and surviving out of their crypto investment must be very difficult even for them. I mean to say the current difficult time is not only for active traders but it is hard time even for long term holders. So, how we are approaching the market is not important when the market is not doing good.

Being patience and waiting for market to recover and to  bounce back to a new ATH is more important to ensure our survival along with crypto markets. I never suggest anyone to quit from the current market level. Need to be more patience and must keep holding.
371  Economy / Trading Discussion / Re: How to learn trading? on: January 05, 2019, 07:36:24 PM
In my experience, you want to trade well the first things you should have the knowledge and experience in the crypto market.
Knowledge must be the first thing but only knowledge will not help to trade well. You must learn along with gaining experiences. For that you should have real time trading environment so that your learning will be a practical one. I mean to say just learning from books will not help you to become a good trader but you should loan in real time environment so that you can learn the actual part of trading which is essential for being successful with trading.

Create an account and practice trading in a small amount along with the ability to judge the market and with your heart charm in the crypto market you will succeed.
You can start your trading account for free of cost with many exchanges and you can have demo money for practices. Lots of forex exchanges are providing this facility and they are having most of the crypto pairs as well.
372  Economy / Trading Discussion / Re: I bet it all in bitcoin? on: January 05, 2019, 08:03:09 AM
If you want big profits, you should accept big risk. Both choices can be and unfortunately, it is impossible to know which one will happen. I think it is better to try as you can risk, otherwise you may lose all your money. ''Greed is good, but when the time comes.''
The "big risk" should be based on multiple investments but should not be based on only one investment. I believe anyone will be ready to take big risk so that they can enjoy big profits but that big risk should be the sum of multiple and different investment based. If they invest all their money into only one asset then that must be a different case than what we usually considering as a big risk.

It is like, there are two types of scenarios for calculating our profits based on risk. But, I never recommend anyone to go for only one opportunity when there are multiple easy way of money making is possible by investing with them. We should grab all the opportunity so that we can minimize the risk. How much returns we are expecting is secondary case but how effectively we are eliminating the risk is more important than calculating about how much profit we are going to get.
373  Economy / Economics / Re: When the tide goes out on: January 05, 2019, 07:06:51 AM
Indeed, learning a tidal market is more complicated, but wise decisions must be taken to reduce our losses. The waves are trying to get back up even though many waves hit and see situations that allow it to be thrown away.
It is so complicated and that is the reason I have chosen holding type of trading for myself. When something is difficult to handle we must look for the easy way to achieve the same goal. With respect to crypto trading, holding must be the easiest way to achieve the maximum profits. Time-frame will be different for achieving that goal but when comparing active trader with the long-term holder  if you look into the ratio of profits, I believe only the long-term holder will be the winner at the end.

Changing the trading strategies and then assets like this lot of hassles are being handled by many active trader whereas the long-term believers of bitcoin are simply watching their profits fluctuating. Yes, I'm not talking about those who have invested when the bitcoin prices were trading around $20k but the early investors who had taken their lifetime decision by the year of 2012 to 2016.

Moreover, Warren Buffett still remains a genius with respect to trading, But I am predicting he will turn wrong one day or another just due to bitcoins. Yes old people may not cope up with new technology-based investments. Many people here may not agree with this but this is a bitter truth as old people cannot estimate how a modern investor will be behaving and what they will be looking for.
374  Economy / Economics / Re: PREDICTION IS SOMETIMES LIKE A FALSE PROMISE on: January 03, 2019, 06:34:40 PM
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
This is why I have always suggested people to use stuff like "I think.." or "I guess" and what not before they make any predictions, not only it leaves you out of the burden if someone listen to you but it also drops the rate of people who read that and react accordingly.

Someone with influence over bitcoin followers can go up and say "I am not really sure but I assume it might be going up" or say "Price is definitely going up, no way its not", and one would create some hype but with a care and create just "hope" while the other one is aggressive and would create this urgency in people to buy right away before it goes up. This is not just for people with huge influence of course, it works on everyone but on different scales. That's why always try to be cautious about what you say.
375  Economy / Economics / Re: Facebook Is Developing a Cryptocurrency for WhatsApp Transfers, Sources Say on: January 03, 2019, 07:11:06 AM
I doubt they are making all their money from data mining while we keep not giving them data for the past few years. Facebook "had" data on almost everyone but people are starting to move on from that to other stuff.

On the other hand if facebook is really looking into our chats at whatsapp and our pictures at instagram and builds algorithms to find out stuff about us and sell that to anyone other than marketing agencies that is a big big risk for them. Yeah you can like a facebook page about how I met your mother and suddenly there is an amazon how I met your mother dvd set showing as an advertisement, that is fine, that is expected.

However, if it goes into further detail than that I doubt it can continue forever. That is why Zuck has been summoned to court and that is why he will be either getting jailed for a long time if he did that or he will be free if he didn't. However blockchain would help them a whole lot considering all their job is data, not crypto currency by the way, blockchain.
376  Economy / Gambling discussion / Re: Floyd Mayweather set for New Year's Eve fight in Japan on: January 01, 2019, 04:14:20 PM
Lol Pacmans trolling is pure PR, they will most definitely fight once again, I know since Pacman fight Mayweather fight with Conor who was a UFC fighter and this tenshin dude who he basically just played like a fish but in the end when its all said and done Mayweathers biggest win was against Pacman and it was a controversial decision, as soon as the fight is due everyone will flock to it like crazy and I think more than 50% of the watchers will want Mayweather to lose that fight.

If people do not care who wins or already knows who will win that fight is boring but if people want the previous winner with no losses ever to actually end up losing once before they retire against a semi-decent guy that fight will attract millions of views easily. I think the purse for such fight will be easily 400+ million total, from all views and ads and all that combined they can easily make that much money.
377  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: January 01, 2019, 02:48:47 PM
Westbrook literally played horrible against Mavs as well, like it wasn't a different team and than they played with Mavs later and so forth.

Dude is so inconsistent that he played with Mavs and played horribly and sucked all game and they lost, after that he comes back he plays against Mavs again and this time he goes 32-11-11, like what the hell? Are you westbrook that bricked all his shots or are you the 114th triple double westbrook.

You never really know what you will get with him. However after seeing Durant getting rings with warriors, harden getting MVP and get 400+ points in 10 games and westbrook averaging triple double 2 years in a row, its obvious how much OKC screwed up, these guys were all in on the same team and will always be the biggest "what if" in the NBA history.

Westbrook-Harden-Durant-Ibaka-Adams , that was their starting lineup if they didn't break it up, thats much much much better than anything warriors have right now.
378  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: December 31, 2018, 03:47:04 PM
Rondo wasn't really that much of a big name in this Lakers team to be honest, putting his name with Lebron looks a bit weird.
Yes, he is a mentor and he is one of the smartest players to play in this game but his talents are lacking compared to his mind, if his body would do things his mind is capable of than he would have been the greatest PG or at least in top 5.

On the other hand Lakers already lost to teams like clippers and kings without Lebron and that shows that Lakers still lacks a lot without proper players, young players are still good enough for tanking and probably won't make it to playoffs even if they tried.

Hence. this win against Kings which is arguably one of the worst teams in the league, Kings is improving but nowhere near the level Lakers want to be so if Lakers want to be great they really need to squeeze in that little time Lebron has (probably another 1 or 2 seasons) and get him some help.
379  Economy / Gambling discussion / Re: Gambling strategy, What do you think? on: December 30, 2018, 05:34:37 PM
I'm always wondering why we cannot mix our strategies along with luck factor so that we can make some consistent results. But, unlike strategies that will be no working methodology to find out when our luck will be working and when it will not work.
Seems like you are answering yourself. You cannot control your luck, you agree with this or not ? Or you got chances to get your luck when you want that the most ? If yes, then you may go for mixing your luck with strategies for getting consistent results from gambling. Consistency in gambling is something imaginary. If you understand this then you will never think about that.

Honestly I have tied astrology also for that but nothing worked for me too. If there will be any possibility to know when my luck will be working for me then I would have been a millionaire by this time just with my gambling.
Astrology for predicting luck factor ? You are really sounding very much interesting to me. Why you are this much deliberately trying with gambling ? Did you born with silver spoon ? Or your father is a corrupted politician ? I'm sorry to have like that because only those type of people will keep trying with gambling in every possible way. But I'm sure no one could crack the code of gambling success.
380  Economy / Gambling discussion / Re: Nobody wins in gambling anyway on: December 30, 2018, 04:56:49 PM
There are few experienced gamblers who know how to win and how to react in case of loss. They know how to invest in a single gambling game and what to do with profit and seed money in case of win and how to play safely in case of loss.  
Experience and gambling are two different worlds and you do not believe into myths. I mean to say there is no experienced gamblers are existing. With respect to gambling, each and every gamblers are novice gamblers, No EXCEPTIONS. If growing as an experienced gambler is possible then most of the gambling houses would have been bankrupted by this time. Just note, how many people are gambling here for years if everyone is turning as an experienced gambler then what will happen to gambling houses ?

Those who are new in gambling, don't know any of these skills and they tend to lose more than winning.
That is true. As per I have already stated everyone is new in to gambling at every time and that is the reason we are all losing and rarely we do win in gambling. Still, the winning amount is not bigger than what we are losing so we do chase our losses and then losing again and again.
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