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361  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: June 28, 2018, 08:26:03 AM
I quit gambling long time ago when I was on the verge of becoming an addictive gambler. I used to gamble regularly with my friends and I found it entertaining until it started to affect my studies and social life. Then, I tried to reduced my gambling activities.

Then, I got rid of it completely as I got used to the new routine. It was hard from the beginning, but then you will get used to it because your time is filled up with other various activities
That's good to hear, you overcome your addiction to gambling. I am also like that before, I can't continue my life if I can't play gambling in a day, I always invited my friends, cousins and also siblings to play with me and bet, they also want it too because they are also just like me, when I finally notice that I am losing and just wasting my time every day, every single day of my life is just a waste of time, I am thinking to have another activity to have, then after that I also reduce my gambling games every day, until I totally stop playing with them.  Grin For now, I sometimes play but not that addicted just like before.
I think the people who overcome gambling in this life are blessed with the best because very less people are seen on real life who actually have made a victory against gambling because majority of the people return after facing a very bad defeat from gambling and that defeat doesn’t allows them to stand up for the next shot and compete for their survival.
362  Economy / Gambling discussion / Re: The consequences of gambling on: June 28, 2018, 07:52:50 AM
We knew that already even those player who are sake for the profits only , once we enter into gambling we are already facing the big risk how ever we think positively that we are gonna make it through the risk . Even they hit the jackpot you can't please everybody to where and when to stop playing because they triggered more and lay more and more until one day it lose everything.
First of all, everyone must know that there is nothing like positivity in gambling. When the base of building is made up of evil, how can you even imagine the upper building being built on the virtue? No, likewise, gambling can never be associated with positive vibes because they have made people losers. So don’t just worry about gambling, worry about you and your families and leave gambling.
Yeah you are right. Gambling is bad thing and there is nothing good in a bad thing. Many people ruined their lives cause of gambling. They even lose their businesses and shops and houses apart from money. The consequences are clear. Bad activity has bad results and you cannot say that people can make money from gambling because I have never seen such a person.

Depends on yourself, gambling wont be bad if you are able to control yourself. It ruined people's life because their own fault, if you use it as a part of entertainment then it is not a bad activity but if you use it as a way to earn money then obviously it is very bad activity.
It is also very wrong to say there is no positive thing in gambling, some people who gamble for fun or for entertainment purpose are using gambling to release their stresses of their boring daily activities.

many perceived it is true that it will happen to people who can not stand gambling and usually it happens to people who do make gambling as a job rather than merely filling in leisure or entertaining.
If you think of your family you will never gamble because it is easiest way of losing money. I don’t think how can one lose his hard earn money so easily in gambling. When you get addicted of something you will not be able to leave that thing easily. I have seen that many gamblers ruined their lives in gambling and even the lives of their children.
363  Economy / Trading Discussion / Re: The Best Time To Exit Trading on: June 28, 2018, 07:22:10 AM
People nowadays are stuck in the world of trading that may cause their loss of capital, may cause their eagerness to recover their investment. Ending up sinking the money they have invested. AND Doesn't know how to exit in the game.

Also, FOMO (Fear of Missing Out) is a normal feeling of traders when coins are actually dumped big time.

Here's how. We all know that media plays a big role in the dump value of some coins.


Accdg. To this site

  (contains also tips on trading)

BUY THE RUMOURS. SELL THE NEWS (not literally)
When media talks often about the dump and publish articles, then that is the RIGHT TIME TO EXIT.
News, rumours, speculations could have a big impact and can affect the price of altcoins. They concide the price movements resulting in pump and dump.

Believe me, I did that and it really works. Prevents deficits and prevents loss of investment.


We have a contrast perception. The best thing to do when there are FUD news about the negative side of cryptocurrency. Expect that the price will move down and it will result a great impact to the market. Instead to sell my coins, I prefer to sell half of it and hold the 50% of my investment. Later on, as the price goes to the floor, it is the right time buy back again.
It is up to the satisfaction of a trader as if he is satisfied with trading and has earned a lot of money here and now do not want to trade anymore then he can stop buying currency.

This is the exit time and is up to your well and wish to exit, if you desire for trading then you can continue anytime because there are no restrictions. Once you sell out coins on a high rate then you will get profit and then do not start if you do not want to trade anymore.
364  Economy / Economics / Re: Predictions Markets? on: June 28, 2018, 05:39:32 AM
Building one by yourself is not a guaranty that it will work because prediction is always what it is. They usually lead new comers in the market asray.
I appreciate what you say but if we think about the price predictions of the Bitcoin, it is actually attracting new guys into the market rather than blocking their ways.

I have been following some good experts and what I learn from them is that when it is red market, those who want to invest should go for it and not wait because the red market actually enables the new guys to own crypto at a cost lower than that in green market. Think!
365  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 27, 2018, 07:47:59 AM
86' Argentina 0 2 Croatia

This will become a big news. And I think, based on the match I saw, Argentina deserve to lose. They played poorly this time especially after a blunder from the goalkeeper that caused the first goal to happen.

Edit:
FT Argentina 0 3 Croatia

Oh my God!
We shouldn’t blame Messi like most of the people will do for the loss of whole team because Messi in only one player while the team is made up of eleven players that are playing in the field. If the team losses, it is the mistake of all these eleven players not just because of the single player. However, Messi is the only reason for which the Argentina was able to see the grounds of Russia.
366  Economy / Gambling discussion / Re: gambling in the crypto market on: June 27, 2018, 07:04:19 AM
gambling is not so safe online because of the risks you discussed which are against our security. If you want to stay away or want to get rid of these insecurities then simply follow gambling in casinos or any other place where you can start gambling where there gamblers follow the rules to play on a good manner. Online gambling is very good on rated sites but if you are not sure about it then follow traditional way.
It is not like there is no rules in gambling online as there are still some terms and conditions, but the only thing here is you are all to yourself and you really would not have much rule to break since all you have to do is play and do whatever you feel like.

It is highly impossible to cheat the system anyway and most of the time, with the provably fair, you are still losing anyway. One thing though is that with real casino, I feel there are better chances of winning with some strategies and a lot of luck than in online casinos.
Do you really care about rules and regulations in gambling? You are making double mistake here. One, you are gambling and ruining your life. Second, you are doing this with crypto. These coins are considered as the supreme one in the market right now. People are dying to buy them as they are so helpful for everyone to make money from them. And there is you who are trying to lose them.
367  Economy / Trading Discussion / Re: Trader and drops of water on: June 23, 2018, 06:53:49 AM
Trader and drops of water
When you really enter the crypto market, you can not avoid the trade crypto. So you also need the skills of a trader whether you are a holder or not.
Make profits like drops of water:
- Patience: This is the virtue of a good trader. You must looking for reasons not to enter orders instead of always wanting to make a profit.
- Earn 1-2% profit per transaction. why not? Always set a goal of just a few percent. It's like water droplets, let's imagine the droplets flowing, it will be full.
- You do not have to enter orders every day, every hour. Find the best entry point when all the signals you have overlap. Always avoid to lose before you earn profits.
This is not exactly advice, just the experience I experienced. Thanks for reading
I like the idea of not to trade everyday or every hour, find the best timing as you can so will be able to research better, the process of trading is to know your limitations and how will you find your edge, getting 1-2% is also not an easy way there's some instance that dumped will go deeper and your position will take some time before it will bounce back, so good thing that you also mentioned to have patients since that's the key to win over your emotions.
Altcoin and Litecoin are both favorable for short term trading as we know that if you want to get less profits in short time then it is a short term investment and possible if you trade with Altcoin and Litecoin. This will make fewer profits and collectively after a lot of continuity the resulting total profit will be huge. On the other hand some people do not want to work regularly and they like to trade for long term.
368  Economy / Speculation / Re: What effects the bitcoin price? on: June 23, 2018, 06:23:16 AM
Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value.

1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others.
2.  News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/
3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market.
4. Limited supply of bitcoin not more than 21M tokens, in high demand.
5 Other policy of central bank.

This is few reason why bitcoin alter rapidly.
To be honest, I only know about the banning of bitcoin in some other countries that causes bitcoin prices to fall. About the gamer or player, I never knew that they are one of the factors about the current bitcoin price. These past few days, I heard about the limited supply of bitcoin and I never knew that it really exists. Do you think that there are more factors about the bitcoin price?
A lot of factors are there in the market which control the price of Bitcoin and other currencies, every currency has its own market factors. For Bitcoin the major factor is demand which is the people interest and encouragement. When people encourage the market demand rate will go high and similarly the price of Bitcoin will go high in the air. We should wait for our turns in order to sell out in high market as the current market is low so we can not sell here.
In general the major factor which affects the price of Bitcoin is the demand of people, if the people’s demand increases the value of Bitcoin will also increase and will follow the increase trend. On the other hand it will follow the decrease trend if the people’s demand decreases.

So the market is dependant of its demand and this is the controlling factor, besides this the negative and positive speculations also affect the Bitcoin’s market.
There are so many things that affect the prices of Bitcoin. Market demand is very important in this regard and any rise or fall in the level of market demand changes the price directly.

Besides, the government regulations also discourage the investment in Bitcoin and results the price depreciation. Selling in the red market also contributes to depreciation. But still people are holding their portfolios and hope for the boom.
Many market factors affect the rate of Bitcoin increase or decrease or bring fluctuations due to the change in those factors. The major factor which controls the price of Bitcoin is the demand of people which on increasing and decreasing alters the value of Bitcoin.

The current market has low value this indicates that the demand decreased and price fell down but now demand is increasing and we will see a better value in the future.
369  Economy / Speculation / Re: Why bitcoin is still dropping ? on: June 22, 2018, 06:38:08 AM
I can not answer with certainty what the cause of the price decline until now. I can only guess. bitcoin and other cryptocurrencies are fluctuations. I think the most important factor is media news. Bitcoin has been down for some time now, but hopefully the price will increase again in the future. I think bitcoin prices are declining because there are still many FUD spread by media and financial institutions or government rules that many countries disagree with cryptocurrency. Also the fact that Twitter, Facebook and Google plan to ban crypto related ads, transactions and so on, I think this is one of the reasons why bitcoin prices are falling. But I'm sure prices will rise again and more and more people are going to use blockchain technology. thus surely there will be many people who understand the benefits of bitcoin. so let that time will prove it all to people who do not like cryptocurrency.
The market value of the Bitcoin is not dropping these days but we are observing a little increase. The value dropped few days ago to 6k dollar and then improved a little to 6.2k dollar and right after that 6.5k dollar and now the value has reached to 6.7k dollar after a little decrease. The current market value is 6.7k dollar and is affordable for people to buy easily as it is still a low value.
370  Economy / Speculation / Re: How you know Bitcoin bearish or bullish trend ? on: June 22, 2018, 06:00:23 AM
We have seen many crypto vator/ specialist  use this word bearish or bullish. Actually what is bearish and bullish ? Bearish and Bullish are simply terms used to characterize trends in the currency. If currency price go down that means it's bearish trend. If currency price grow up then it's call bullish trend.
There is some people believe bearish trend and some people believe bullish trend.

So we are clear that simply, if price up it's call bearish trend. If price down it's call bullish.
There is nothing hard to understand.
You may need to have to edit your post as you mixed up the last part. You got it right the first paragraph and I am sure it was a mistake on your part. Bears and the bulls are just some terms formed by traders generally when it comes to the market and there is nothing hard to get there.

The bulls are always after the market going up and the bears if given the chance will want to crash the market as much as possible, and whichever one is operating at any point in term, is considered to take hold of the trend at that particular time.
371  Economy / Economics / Re: Bitcoin and Fiat - this is how I see the future on: June 21, 2018, 06:54:18 AM
At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.

So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.
Bitcoin will stay, and same as fiat, but Bitcoin is not going to replace fiat in anyway😏😏. Fiat is the main currency that we are using and Bitcoin wasn’t made for such purpose, neither were other cryptocurrencies. Bitcoin was just a way to make us stay anonymous and out of the control out of the government especially when making transactions. They have their own purpose of which they were meant for, and you can’t change that.
372  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: June 21, 2018, 06:15:44 AM
Let's say you bought a bitcoin for $1000 in January 2018. <Just an example, not the real price at the time>

So you have to beat inflation and also the performance of other investments to say that your Bitcoin investment was a better investment, than other alternative investments.

Let's say your inflation is 5% and your best return on some other investment is %20 per year, then your Bitcoin price increase will have to be more than %25 to beat the alternative investment.  

Let's say you hoard for 5 years, then you would need a price increase of 125% to beat your alternative investment returns over 5 years.

So we cannot have a price increase of 800% in year 1 and then a price decrease of %400 in year 2 and another price decrease of 200% in year 3 and so on...

Hope you get at what I am saying. Hoarding might be harmful to your profits, if you do not cash out SOME profit on the ATH.  Wink ..... You might end up with a bitcoin worth $100 in year 5.  Roll Eyes
From year to year the price keeps on rising, but that’s due to the rate of demand and supply and increase in the number of investors. There are lots of people who are investing in Bitcoin and their number keeps on increasing, that’s the reason why price keeps on increasing. But I don’t really know if that’s good idea, but anyway that has been the way for many to make profit and you can’t change that.
373  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: June 20, 2018, 06:26:43 AM
The cryptocurrency that I will invest in 2018 is the ethereum altcoins because I see in ethereum coin , the good benefits of ethereum and functions and use of ethereum in different sites and in the market of exchange, It is also a promising altcoin as I believe in it.
For the ones who are there in the world of the crypto currencies since long, this choice of the coin is hardly a big deal as they exactly know the coins which can then help the in making more money. However, it is better to invest in coins like that of bitcoin, ETH, ripple, litecoin and similar other coins as this will then help you in making more money and above all, their market value is also quite low for now.
Besides all the things you have to make sure that are you able enough to enter into this market or just entering with dreams. If you are able enough to survive in this market and can handle the currency you desire for then investment in this market in this current time is more benefited near you. This Bitcoin has all the potential to enrich you in a high market once you invest in a low market.
374  Economy / Economics / Re: Binance about to offer Fiat-Crypto Trading. on: June 20, 2018, 05:56:44 AM
If it forces users for identity verification like poloniex and bittrex, it won't be good and it will lose a lot of users but they will probably require kyc for only those who want to make usd withdrawal.
That is definite, so at the end the choice is going to be yours. However, I am not sure USDT will be permanently flushed out as it would still be in existence and the choice will be left for you to make.

However, the availability of fiat trading will really help when it comes to the fear of leveraging in USDT or the likes, and due to all the news that has been up for a while now with respect to that, I guess at least it would make matters a bit better for the space.
375  Economy / Economics / Re: Is Bitcoin a Bubble? on: June 19, 2018, 12:29:06 PM
Okay, good to hear that. But first of all, since you know that Bitcoin is a bubble, don’t you think is a good idea if you quit? Why are you still here talking about it and disturbing the peace of others that are interested?  I don’t know if Bitcoin is a bubble or not a bubble, I’m not among the insiders, I’m just investor that is looking for a way to make money and take care of his family. I don’t know for you, but if you don’t like Bitcoin and you think that it has not contributed to your life in any good way, then quit from it.
376  Economy / Trading Discussion / Re: Hello traders on: June 19, 2018, 11:40:25 AM
yes maybe because it all has risks, and they dare to take risks, besides because many people who lose in trading, but trading is also very promising. we can get many benefits, quickly when trading. that's why a lot of people enter into trading cryptocurrency.
Very promising and at the same time very risky. However, the risk reduces over time with great knowledge and experience. I remembered even after learning, how it took time for me to use mistakes and experience to learn the more and to finally find and stick to my own strategy that suits me.

Everyone will always have to pass this phase as it is not just about learning as you will learn on how to make some decisions based on how the crypto market is fashioned based on the volatility risk we are talking about here.
377  Economy / Economics / Re: Bitcoin Prices Are Falling Again. The Cause? on: June 16, 2018, 06:52:16 AM
Tether might have insufficient funds to pump the bitcoin price to 19000 USD,but that doesn`t mean that such price manipulation can`t be done.Every price bubble is like a snowball.The price needs a small push in the market demand,in order to get the ball rolling and get new buyers.Then the FOMO beats the FUD and we have a speculation bubble.Is the BTC price manipulated by the crypto whales?Yes,off course it is,but who cares.
We are waiting for another manipulation that will bring the price to a new ATH.
May be you are right because I am living in third world country, I don’t know about that. But it is right that the market has been manipulated and due to which the price is controlled. People in this day think that the falling price is due to huge manipulation. The market of bitcoin is losing its value and people are turning to other sides which are not good for bitcoin.
378  Economy / Economics / Re: Bitcoin plays a vital role in the economy on: June 16, 2018, 06:18:06 AM
Bitcoin opens many doors of new markets, which would affect the economy of a country, the reason why there are some countries who don't like bitcoin because cryptocurrency controlled by no one and because they don't get taxes. But if governments open there eyes and use bitcoin in its positive ways as possible you would be shocked that the third world countries who opens their gates on bitcoin will become one of the best countries we have ever seen.

I totally agree, one of the reason why the government is against crypto is decentralization, there is no way for them to tax it. However, it is true that cryptocurrency can open a lot of opportunities which can even help a country's economy by offering business and job opportunities to it's people.
Bitcoin still need to be promoted around the world. When more and more people invest in bitcoin the use of bitcoin will increase the price will also increase and thus the profit of the people will also increase and on the whole the economy of a country will grow more. Bitcoin has an indirect link with better economy. With bitcoin earnings you can do anything profitable for your future.
379  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: June 15, 2018, 10:44:14 AM
I am for this year you can try investing in EOS coins, because eos has a good platform and also a promising market
All the investors which are present there in the world of the crypto currencies have their own choice of the coins and that it is a good thing to look for the coins which can then help you in having some good earning. the thing is you need to be sure that in this dump situation, you are not making any wrong decision and that you are investing your money in a coin which can then help you in having some profitable earning.
380  Economy / Economics / Re: The Future of Cryptocurrency on: June 15, 2018, 10:12:03 AM
I think the technology of blockchain is amazing. And bitcoin will be more popular in the future.




I don’t think so that there can be any such thing which can stop the crypto currencies to flourish higher in the future and that there is no way that we can deny this fact that the crypto currencies are the real future of this world and that they will surely play a very much significant role in making this world much better place and that the ones who are busy in investing will soon be the richest persons.
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