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3761  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Managers Wearing Bitcoin Signature, Funny Irony on: March 05, 2021, 06:10:25 AM
I dont think Bounty managers should be judged for wearing a certain project's signature provided that project is not a scam.

What a user wears in their signature is their choice - just like the choice of T-shirt that you wear when going out on a party. Would you like it if someone kept telling you that the clothing is "inappropriate" or that someone like them should not wear that?

Bounty managers are not "Altcoin promoters" by any means. They are also members of this forum. The irony is only on the people who find it funny that they wear a signature that they wish to wear, paid or non-paid.
3762  Economy / Trading Discussion / Re: Don't stay on with a wrong trade on: March 05, 2021, 06:03:14 AM
actually traders are in wrong technique sometimes when the coin is slowly pumping they sold their coin with the least percentage and sometimes many traders buy a wrong coin and starting to lose their investment, short trades and cant hodl most of the time common error of trader
The terms "wrong technique" "wrong coin" are subjective.

How a person wants to sell to make profit is their personal choice. I would prefer to sell in fractions as the price keep going up so I can milk out every part of the wave but someone might not be willing to follow that, does not make them wrong.

Coins though, I would say other than bitcoin anything else is a waste of effort and money. Still some altcoin trader might make more profits than bitcoin maximalists. So you cant argue there about their foresight.

It needs to be a mix between hodling and trading actively. Buying at the wrong time is the most common mistake done by many traders.
3763  Economy / Trading Discussion / Re: What to avoid as a beginner in trading Bitcoin? on: March 05, 2021, 05:53:30 AM
That is the issue, on the surface it may seem incredibly easy to simply control your emotions but when the market is crashing or going up a lot it is difficult to control you especially if the market is going against your prediction, because that is precisely when your emotions are tested and unfortunately most people fail to control them, take a decision based on them and then they lose their money, quite honestly I do not know of a way to train to control your emotions other than to have a very clear system and then follow it regardless of what you see happening on the market.
For those traders who seems to be unable to control emotions when the market is being tested, they should stop trading because it is simply not for them. Only those who can remain nonchalant even in a bear market and know where to buy and sell will be able to survive for long in this market.

Most people who do, actually have a a faith in bitcoin and they know even if it goes down, it will go back up soon. They will not panic sell or FOMO.

Beginners often might go into the wrong direction that is why I suggest them not to start with hard cash immediately but go with dummy trading and see how they are able to manage their capital.
3764  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin can x10 for now? on: March 04, 2021, 06:15:57 AM
Wow you are posting a question that you already know nobody can give an answer to.

Ask me, I see a 10x gains on some coin that I never heard of, I would tread with caution. Which pump and dump group might have caused such a price rise, you buy at the wrong time and that group is going to pulverize you with their shitcoin load 7feet deep. This is how whales make money.

Because this sector is unregulated, such trading related manipulation does not lead to prosecution but you have to be careful here. You cannot take the risk of buying a 100$ worth of every coin in the world. Instead the wiser choice is not to think of the gains but buy Bitcoin in amounts that you can afford every month when the price drops.
3765  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 04, 2021, 06:09:11 AM
It is a research paper? - so you have to take it with a grain of salt. Of course the motion is correct if they say that those who panic lose early than those who hold for long to sell at the right time.

I saw a lot of points that have been posted there but having been in trading for quite some time, the majority of the statements in that article seem to promote the idea of "keep going you will earn a lot" - a type of propaganda that such blogs run in order to get their referral commission from signups.

Thing is trading is not for everyone and in case you are a part of the lot that cannot cope with losses, you need to stop trading. This is tough when you are being brainwashed into continuing to trade. Not that I am discouraging people to read such articles on random blogs, but do their own research first and stop listening to opinions.
3766  Economy / Scam Accusations / Re: [SCAM] Linetrick.club - Ponzi scheme on: March 04, 2021, 05:55:05 AM
Accused is posting in the Russian sections and I hope some of the DT users there will be able to recognize it as a ponzi scheme and support the flag.

The website design is pretty good which will be enough to fool a enthusiastic newbie who has entered the market. Also their method of trying to make the system look legitimate by showing the Spreadsheet in which your ID is put in a cell is also a nice bamboozling trick.

Pretty sure if you keep track of this user in telegram, their ID will change soon or end up in a "Deleted Account".

Flag supported from my end.
3767  Economy / Service Discussion / Re: peagamoraes on: March 03, 2021, 07:33:12 AM
Good Morning ! can someone please tell me if the Cryptobitsignals website is trustworthy.
The posts above have clearly said that it is not trustworthy and the reason is because users of this forum have seen more than a thousand versions of the same ponzi scheme websites out there and this one is no exception.

However, in case you are looking for "crypto signals" and so on, let me break your bubble, there is no such thing as a legitimate signal group or so. All of them are pump and dump groups where to owners make money from membership fees and pump their own shitcoins so they can sell and make a profit while their "followers" end up with a shitcoin in their bag which is probably never going up again.

Any random user can make up a site or telegram channel like that. Does not need an ounce of technical analysis.
3768  Economy / Economics / Re: The bond market affects Bitcoin on: March 03, 2021, 07:24:55 AM
This connection could be a result of chance. If there was really a "connection" then we would see evidence for that connection not just once but several times before this event as well.

Now although I am always for buying bitcoin at low prices, I also advice people to buy in on sectors that are different from crypto - so that you have something to rely on in case bitcoin drops by some thousand dollars and this can reduce the impact on your mind that you are going rekt.

I would agree that institutions seem to be buying everything, maybe as a result of the Musk craze but who know when they will start selling and you might not be able to any connection.

"Everything is connected" - Nope, that statement is for conspiracy theorists. Not sane people.
3769  Economy / Scam Accusations / Re: Mining Express Ukraine is a scam? on: March 03, 2021, 07:16:52 AM
It is an MLM - a type of ponzi scheme disguised to look legitimate but is a scam. The method by which this scheme runs is that new investors putting in money - that money goes to pay older investors. The ponzi will survive as long as the new investors coming in are paying but not everyone will - so it is bound to fail one fine day.

- Who is the legitimate owner
Probably they are a group of people whose sole reason of living is scamming other people. It is difficult to get this data without help from cybercrime department because the actual scammers would have likely removed all traces of their identities on the internet.

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- Info about hashpower
If you want to learn about hashpower and it works I suggest you read the wiki on bitcoin mining. In this case though there is no mining happening in real.

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- Where they find liquidity (exchange they use)
Tough to get these data.

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I would be very happy to know more about this, thx guys.
The only thing you need to know is that they are a scam and the link you provided has given hints towards that. There are numerous scams in this sector happening like this and it is nothing new to older members of this forum. Maybe new to you, so you should know this from now on and be careful in future.
3770  Economy / Scam Accusations / Re: FAKE TESLA ICO on: March 02, 2021, 03:30:16 PM
I wonder how much these scammers paid for this domain name. As per estibot it is less than 100$.

Team is obscure at the least. Nothing on their twitter pages about such a ICO. Zach's twitter is locked away as well. Whitepapers seems rushed about some "secure wallet" or so, would not be surprised to see it copy pasted from somewhere else. Roadmap is a generic one. Many of the social media links are also non-functional.

Would not be surprised if this is just another scam because we have seen how scammers operate. They jump on any hype and use it to market a scam.
3771  Economy / Scam Accusations / Re: [SCAM] Hezfund.com - Ponzi scheme on: March 02, 2021, 03:22:45 PM
This is not doubt another of the recycled websites made only to scam users. Like 450% in 3days or 150% in one day - who in the universe can make such profits will be able to bankrupt the entire economy. Such extraordinary claims need evidence and that is defenitely not being shown here.

I hope any newbie reading this thread will use some logic still remaining in their cranium that such websites are scams and whatever BS they feed you, it is a scam and will always end up being a loss for the common person and a profit for the scammers.

Flag supported from my end.
3772  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 60+ Billion Bets | 113+ BTC Jackpot! on: March 02, 2021, 03:17:14 PM
for sure this is an instruction from my friend at that time
he said when it hit high multi we won't get it again if we play on the same client seed  lol  Cheesy
This is a well quoted misconception that gamblers often believe but it is false. The casino does not "remember" your rolls by your client seed or anything. Each roll is independent from another and that is why it is very much possible to hit two 99.99x multipliers right one after another and maybe even another one if you are luck enough.

The key word here is luck and that you cannot predict.

This also leads to the obsessive changing of seeds every few rolls or so - this is a useless exercise that some users do but it has not effect on rolls and neither does it improve the odds. Randomizing a thing that is already random is a waste of time.
3773  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: A forgotten story of bounty hunter on: March 01, 2021, 11:07:46 AM
I HAVE been in a bounty for a project that scammed though so that's a worse story. I actually helped promote a scam, lost money in ICO, and taught myself a valuable lesson about trusting "reputable" people.
Glad to hear that you learnt your lesson with that event. You know the bad thing is that many bounty hunters never learnt and they keep on doing the same mistakes over and over again. They still think that bounties are going to profitable which is possible but a remote and late dream.

ICOs have been shady as anything. They are not legal securities and not considerable anything to a equity share. They are speculative assets and a worse asset class than what bitcoin has been.

Not just bounty hunters but many bounty managers' reputation also have been ruined by scam bounties and red-pilled hunters who act like kids.
3774  Economy / Scam Accusations / Re: Plagiarism whitepaper-BITCOINBLACKCORE.COM on: March 01, 2021, 10:51:10 AM
I remember some more projects that have imitated this words bitcoin/black/core to make up a new altcoin in between the first bitcoin forking event back in 2016-17 and they managed to scam a lot of bamboozled noobs.

What surprised me here is that this user @asus2021e-  has left a positive trust rating. It is a newbie account which never posted again but that is adding to the number of "fake reviews" here.

Plant a flag on this one too, I will surely support it as long as no other reputed member has anything to say for it.
3775  Economy / Scam Accusations / Re: ARNO Token-Plagiarism whitepaper on: March 01, 2021, 10:46:28 AM
User wakes up after a long time and posts an ANN that has copied content. Very likely this account was bought or sold to some scammers group who predate on older accounts and use them to run their scams as a throwaway.

The signs shown here are valid enough for the project to be a scam. OP, start the flag on the account and we can support it, without that mark of shame there will be more users getting scammed. At least the flag will put off some intelligent newbies.

Post the flag here once done, I will surely support it as long as no other valid counter argument is made.
3776  Alternate cryptocurrencies / Altcoin Discussion / Re: Question about new projects on: February 28, 2021, 07:31:27 AM
Yeah tokenizing with new coins or tokens seem bizzarre to the users but it is basically a need now a days to create internal ecosystem and also give control to project owners alongwith financial power where they can liquidate their tokens as and when required for the development or promotion of the project.
The tokenising craze destroyed the altcoin market and you still want more of it?

Tokens are not equity shares and that is where the biggest problem lies. Those who lack the knowledge of basic stock market trading and entered the crypto market with ICO craze got stuck in this never-ending cycle. The token owners may sell away their lots and delist the tokens from exchanges while investors will have nothing to sell on. That is why many developers leave the projects after a few months and development comes to a standstill with the lack of funding for the project to continue.

That is why new projects that started never became anything big.
3777  Economy / Economics / Re: Why lack of Cryptoassets insurance companies..? on: February 28, 2021, 07:26:00 AM
There’s a huge need of capacity within the insurance segment for cryptoassets, agreeing to the world’s to begin with cryptoasset insurance company.
The biggest insurance that can be done in this sector is your own wallet safety and online safety.

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Cryptoasset insurer -snip - accepts there's less than 0.5% of capacity within the worldwide protections showcase to cover the esteem of cryptoassets.
Are you their agent?

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Concurring to -snip- the worldwide protections industry as it were has capacity of almost US$1 billion to safeguarded cryptoassets.Can we say that limited insurance companies enough for huge crypto market?
See in this sector, we have a trust issue that is prominent. You cannot sleep soundly keeping the bitcoin that you own in another person's wallet because you know that someone might spend it and you will have no legal protection or that wallet may get targeted by hackers and coins stolen.

These things are possible in fiat? I am not so sure though. But possible in bitcoin.

That is why we have not seen any such "Insurance" company here and even if there is one, I am rather going to store my coins with myself.
3778  Bitcoin / Bitcoin Discussion / Re: How do I convince people that Bitcoin isn't a financial pyramid? on: February 28, 2021, 07:21:22 AM
You cant argue with a no-coiner or one who does not believe in what the good and bad of crypto can do for the current economy.

From my personal experience, there have been people who are completely disinterested in it, since cryptocurrency is not useful to be spent or used on any merchant's site in their country. This may change with time. The question is not of ponzi as I have seen, but lack of a liquid market to buy sell.

In face in my country there are younger generation people willing to trade after giving KYC if the government allows it.

Again there are older age people who have a generalized mistrust among new things coming into their view. Cant blame them because most lead a lonely life out there and have to keep their own money carefully and are not tech-savvy.

Often if you are trying to explain about bitcoin to people, you cant change their way of thinking unless there is a real time move from their government like "crypto-trading is now legal" or similar.
3779  Economy / Scam Accusations / Re: Scam operations using YouTube comments! on: February 28, 2021, 07:11:28 AM
These are bot accounts created with the sole purpose of drawing newbies to waste their money. You will see a randomly made username which looks like a proper noun and a profile pic but it will be a completely new account there.

Not just YT, but also many forums, social media comments are plagued with them. The moderators of this forum also have a daily routine of cleaning up shit like this on this forum too.

Flag those comments as Inappropriate, nothing else can be done from your side.
3780  Economy / Economics / Re: Are institutions hedging? on: February 28, 2021, 07:05:22 AM
We can't really call it FOMO neither, and I am not saying it is a sustainable increase, it of course is not, but it is not FOMO neither, it is like a weird new situation that doesn't really have a name yet.
That is a FOMO condition mate. In the FOMO people remain confused as to what the next move on the market will be and how the people who created the FOMO is going to profit from it.
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What is going on right now is the fact that it is not FOMO because people are not going in like crazy due to price going up, it is the huge companies going in because they want to diversify their portfolio and crypto is big enough to cover their investments now, back in the day putting 10 billion dollars into bitcoin would be suicide for them whereas doing it right now is not a problem anymore, so what is going on right now is bitcoin opening up to a whole new market of people and that is the reason why it is going up so far. Could it fall like crazy?
It can fall too and checking the current market metrics, price of bitcoin has falled back to <45k $/BTC and this drop is continuing further. Is Musk saying anything about it? No. Because he made the profit when he needed to and now no longer has any other motive. Ask me, I dont trust any celeb promoting anything because they are paid for it, here he is profiting from the people entering the market.

Maybe they do care about the "tech" and all that narrative, but humans in this world know about profit and how to make it.

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Well yeah, if those companies stop buying, and even start selling, that would make it go down like crazy, could it keep going up for a while longer? Sure that could as well if companies keep buying up. I do not know what is going to happen because we never saw anything like this before.
We saw a bull rise in the 2017 ICO craze. Only the magnitude is different. What was fine was that Paypal allowing bitcoin transactions - that made some headlines and drove the price up but then this Tesla guy has to jump in the FOMO and make it crazy.
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