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3781  Alternate cryptocurrencies / Altcoin Discussion / Re: How to create your own cryptocurrency? on: September 02, 2019, 08:50:39 AM
You have tried, but honestly, this type of article, I don't think it is relevant for public consumption because this should be limited to few people and those people are the one that should go about looking for it, but not as you have displayed it on a platter of gold now, there are some intending scammers that has been limited because of their lack of knowledge on how to go about it.

Seeing this article, they have full brief on how to go about it now, and I think it would be a bad thing for the crypto industry if everyone starts going into creating lots of shitcoins, then out of 100,000 coins, you will hardly see 10 that is genuine, because like your second paragraph said, they can make money through it.  me I feel that it is when you have a project to establish that you should go about thinking of this.
3782  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty hunting is past it's glory days on: September 01, 2019, 08:02:37 PM
Project selection has always been the most important thing for bounty hunter. Even at the best of times, there were chances to run into a scam and get nothing. Even now bounty hunters can earn some money
If project selection was actually or has been important to people, then the level o scammed project In the market today ought to have reduced drastically, if hunters had done their due diligent very well before they engage in any project, at least to some extent, investors would have been safe and we would not have been kicked out the way exchanges has kicked investors out through the introduction of their IEO that makes most hunters not to be able to participate in any reliable project again.

Most of the projects that you come across in IEO now are mostly scam projects and to really get a reliable project really takes the grace of GOD, but notwithstanding, we still have some reliable ICO, only if we can do our due diligence like most exchanges that operates IEO does before they present it to the world.
3783  Economy / Trading Discussion / Re: Excited for a Chinese cryptocurrency? on: September 01, 2019, 05:44:13 PM
I have heard this news of china cryptocurrency for a while now and I must confess to you that I am not excited at it at all because I feel that it will have some impacts on the price of bitcoin a little bit. We all know that china is the biggest country that we still have, and if china diverts attention of most of their citizens into that coin, it would really be a success, and china has a way of actually controlling things over there with technology, so they could just ban any site that has to do with other cryptocurrency and chance people would not be able to have access to it.

I think this news will only be interesting to them and not to many other people who are not citizens of china because it would not pay them. The only way I would accept their coin is if they are paring with bitcoin.
3784  Economy / Trading Discussion / Re: which bitcoin trading platform is easy and reliable on: September 01, 2019, 04:54:10 PM
As for me the best trading platform is Monfex. I've been trading there for half an year with 20X leverage and can state that it's reliable and safe platform which is suitable for both newbie and professional traders.

Wow.I also trade there.Usually i trade with BTC and XRP. I like their coin base and low comissions.I prefer to go short.What about you?
What else do you expect from her when you have already gotten answer to it and when @katerina is either monfex, or monfex is katerina lol, so everything to support monfex is what she will tell you. Although I being an external person has actually seen monfex interface even if I have not traded there yet, but my spirit feels a little bit at peace with them, and I think if I am to consider any trading platform other than  the ones that I am using now, they are simply the one that I will consider, at least, I would be trading btc with other coins on them if they have and not that coin you called ripple.

How can I trade a solid coin with artificial volume, no matter the trade, sometimes you will not get it executed because of the fake volume they are displaying everywhere.
3785  Economy / Speculation / Re: Can Bitcoin Price At $9,400 Is A Good Buying Opportunity ?? Buy Bitcoin Now? on: September 01, 2019, 04:07:18 PM
If you are a long term trader, there is absolutely nothing wrong in buying this price because the lowest it can go to now is $9000 which is under probability, but it is certain that very soon, we will be rising up to to $15,000 which we will touch very soon before we witnessed some corrections, but as a shirt term trader, I think we will still touch down a bit more, like I said earlier, this is still under probability, so it might be good for a short term investor to hold on first and buy at a price that is a little bit lower than this.

One of the reason why I don't do short term trading is because of these little uncertainties, and no matter the analysis that you do, it is difficult to really predict the short term movement of a coin, it is best to decide on this price if you are a long term holder.
3786  Economy / Speculation / Re: Did fear cause that sharp dump? on: September 01, 2019, 11:24:29 AM
We all know how Judge ordered Craig Wright to pay $5 billion to Ira Kleiman (where people were fearing of an average of $2 billion dump in BTC if she decides to redeem that USD). Though, CSW is not Satoshi and hence, he's got nothing (at least not what's ordered) to pay Ira Kleiman such a huge amount. I want to ask that whether the fear of being dumped with a lot of BTC helped the trend to move backwards and break down to near $9k?

Source of news: https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/
When the news came out that the judge ordered Craig to pay some certain fine, bitcoin was still growing strong, and the news was already all over the internet, if this dump was as a result of that, then it would have happened long time ago and not now. We still don't know what actually caused the recent dump and we may never know, because we have had lots of dumps in the past that none of us was able to get an explanation to till date and bitcoin still bounced back.

If this news of Craig was going to affect anything, I am sure that it will affect more of bsv and not btc because he has more of his investment in BSV, and it was in the process of making bsv become number one that he started making all those illegal claim that he is Satoshi and now see what he’s got himself into.
3787  Economy / Speculation / Re: Market will be recovery current year 2019? on: September 01, 2019, 10:14:37 AM
Step by step analysis of bitcoin market, this current year 2019 bitcoin will be recovery its price and reputation. I think bitcoin will be highest soon or later in this running year...

This year is indeed a recovery phase. I remembered how long have we waited for the bull run last year to come. Since it is the longest bear we had experience and this year offers positive recoveries to finally reach what we are waiting for, the bull run is around the corner. 20k is coming, just think positively.
Definitely there's still more chance for a bull run to take place this year, we have not ended the 3rd quarter yet, and based on history, the 4th quarter is the year which bitcoin rises and I believe people are still hopeful that to happen.

Losing hope because bitcoin now looks bearish again is bad, that only shows our confidence in bitcoin is not that strong, BTC if we look at the big picture is very profitable this year, an investment that grows more than 100% in a given year, for me, that's a good performing asset.
There is lots of expectation and preparation for the last quarter of the year, and I also think that that last quarter is when some great companies actually intend releasing their project, one of it which I can confidently talk of it bakkt which we expect to have a very big impacts on the value of bitcoin because of the futures product it has. 

I am certain that many people would not be affected about the dump that happened recently, but rather they would see it as an opportunity to buy back at cheaper value and even if the coin had dropped to $8000, people would still have rushed to buy it. The future of bitcoin is very glaring to us, it might be creating some suspense right now, but that would just be on a temporary state, which we will get over it when we start reaping the great benefits in future.
3788  Economy / Gambling discussion / Re: I don't know how to trust a gambling site nowadays! on: September 01, 2019, 08:15:42 AM
I have seen a lot of gamblers that immediately register and start gambling on new sites without even going through the terms like you do and this is foolishness displayed to me. It’s possible that some scam sites are actually not scam as tagged but the ignorance level of players made their money blow into the air.

I am of the opinion that all gamblers should learn to read before betting, read information and read more on detecting the tricks of scam sites. There are still genuine sites out here and they are numerous, definitely more than the scam sites, so I see no reason why gamblers should still fall victim of gambling sites. I might be talking out of ignorance since I have not been scammed, but I believe It’s possible to prevent it.
You are right  we should trust old sites more than new one because in New casino most are just scammers but in old one you will see allot of trust able gamblers who are there since long so before trusting make so much research. Having trust worthy site is not easy that’s why be ready to face everything in gambling about your gaming site
I think all this reasons put together is why I have chosen to stick with the site is started with longtime ago, even though I now find this site very boring because of the outdated games but I just feel it’s better to be on a safer side. Gamblers are more attracted to new site because of the kind of games they to offer. New sites keep on upgrading and this is something old site do not do maybe because they feel, they already have a good number of clients base.

I genuinely don’t blame gamblers that prefer new sites to long existing sites, aside bonuses, they want something convenient and conducive for gambling.
3789  Economy / Gambling discussion / Re: 2019 NBA Season on: August 31, 2019, 04:10:19 PM

If I remember correctly David West, for example, is one of those players who have made so much money that he could have retired 10 years earlier and still would be have been super rich. I mean it is ups and downs kind of deal. Of course, no business brings in as much as playing basketball, you get to be paid 10+ million a year (as much as 40 for high end superstars) and than you get to make tons of money with endorsement deals as well, Gatorade, Nike, many other stuff as well. That is why I think players are not that poor anymore, maybe 10-20 years ago but nowadays they are getting paid insane amount of money and you could totally live with that anywhere in the world, even high end cities like London.

This is the reason, being smart about your investment is important but not spending all you have is more important, you can live with no profits on your investments and just the money you made, let it be on your bank account without gaining a single dollar interest, you would still be fine, all you have to do is not spend too much.
3790  Alternate cryptocurrencies / Altcoin Discussion / Re: Creator and Developer Gone on: August 30, 2019, 04:06:56 PM
Bad project will also get bankrupt, but the good one knows death is possible so they will prepare for this.
Developers are not only consist with only one person, they are a group and every group has different function, so they will have to work based on their function, when one is gone, one member will step up to the position so the business will continue.

That's why choose a project that are already successful if you are afraid of this kind of risk, with successful project, they have great potential and thy are already making the project profitable, so it's hard for them to leave that money compared to those who are not popular yet.
How many of the altcoins are fully working in a decentralized way that the source code will be opened and subject to further development externally, most of the project that we see has restricted their project to internal development alone and there is no room for external development like bitcoin did.

If a developer and creator of most of these altcoins die, first, the team will stop responding because there is no longer going to be team, as they all will gradually part way, and the moment the team start becoming less active, it would definitely send a wrong signal to he investors who will also withdraw their hands of investment in the coin, and then you see the coin  gradually dyeing off the market. Until most of these projects fully embrace decentralization before we can beat our chest for them on continuity.
3791  Economy / Economics / Re: Can a Stock Market Crash affect Bitcoin? on: August 30, 2019, 02:45:57 PM
I think that in the event of a fall in the stock market, a lot of money will be redirected to cryptocurrency. Therefore, the crisis of the crypto market is only at hand.
Institutional investors are well aware that it is cryptocurrency that can help them save money in the event of a severe crisis.

That will happen if people in the stock market are desperate to see the market fallen. They will moves to the crypto market, and they will see a chance to make money again. I think when it's happening in the crypto market, we are going to see another support from the new investor that will help cryptocurrency will grow fast in this year. But I don't think that people who are trying with stock market will come easily to the crypto because some of them do not believe in cryptocurrency.
There is no investor that would deliberately crash the market of what he has invested in and expecting some good return, the stock market do crash, which is usually caused sometime by poor management or state of the economy.

I a situation where stock market crashes, people will only want to pull their money out to put in another functioning system, and since bitcoin or cryptocurrency market is not a new one to them, they will see it as an opportunity for them to just invest in it once and for all provided that the market value then would not scare them away thinking it had already reached peak and if such thing happen, the surely the value f bitcoin will definitely grow. They might not come easily to crypto, but when problem arises won’t they come?
3792  Economy / Economics / Re: China says rejecting physical cash is illegal amid e-payments popularity on: August 30, 2019, 01:27:50 PM
It is rather strange. When many of the countries are moving towards a cashless economy, China seems to be moving in the opposite direction. Actually I am a big supporter of physical cash. No other methods of payment can offer the level of anonymity that banknotes offer. Here in India, mobile payment methods are very popular now, but whenever possible I try to make payments with physical cash. Let's support the right to remain anonymous!!
First and foremost, based on what is said in the article, it was never stated that it has against law not to use physical cash, they only say that it is against law to reject it, it means no matter the electronic payment, when someone has cash as alternative, it would be illegal for the receiver to reject it because the country still recognizes it too, but that does not mean they don’t support e payment, in many countries, they might also have their policy that no one can reject physical cash.

They have their own alipay and them also planning right now to introduce their own cryptocurrency, so what it all that for if they are really going the opposite direction, I don’t really think that they are. For cash, what is anonymous about the use of cash mate. Please explain that better here.
3793  Economy / Economics / Re: US economy - The media says we shouldn't be afraid on: August 30, 2019, 12:53:01 PM
It seems to me that we still need to understand the fact that there are a lot of enemies of the dollar and the United States of America.  And it is not necessary to assume that the US government prints counterfeit dollars or not supported by gross domestic product, because I believe that any enemy can do this by throwing bad money into circulation.  Based on this government we love the way it will protect the dollar, as well as many countries too, because their economy also depends on the dollar.
Aside the enemies that you said do print bad money, there are many of their citizens also that are into bad stuff like cocaine and the rest, they also print bad money and then circulate it within the country which till now, some of them has still not been caught, if US needed to print more money, they would have just done it legally, but they all know the repercussion of over printing of money and how it can damage the economy completely, so they would rather just borrow than to print.

We could see the high debt that the united states is in presently and how they are trying to come out of it, so I could never believe such a thing that the united states would be printing fake money. They are facing the little challenge they have now because of debt that they own and also due to their little bad economy which they will surely come out of it.
3794  Economy / Gambling discussion / Re: Why Choose Lottery Instead Of Anything Else? on: August 30, 2019, 08:32:26 AM
I've never heard of people who play the lottery over anything else, though I guess some people get obsessed with it and gamble with blinders on, being insistent and forgetting about anything else.
I know more gamblers who avoid the lottery because it's all low odds and no real skill.
Most of the people I know who do lotteries just do it with pocket change for a while until they decide on a better game. Even slots are better than a lottery.
I have actually seen a lot of them. There are people who choose lottery over family, career and gambling is definitely the least of them. Those who choose lottery over these things are optimistic about the future of winning and lottery being cheaper makes it quite easier for them to do.

I recently met a man that buys ticket on his way from work. In his words, he’s been doing that for a couple of years and yet never won. His wife is not in support of this but he is still doing that believing a day would come that he will surprise her by winning big. This is a clear example of a man that have chosen lottery over family and career.
3795  Economy / Gambling discussion / Re: Are you guys started to gambling with cryptos or fiat money? on: August 30, 2019, 08:01:41 AM
I prefer to do gambling games always using fiat and I play with friends in card games.
but I also sometimes try to do gambling games using crypto and in my opinion it's a new thing because playing with people I don't know and finally I do it often.
That is great. Same here. I use fiat to gamble and this goes pretty good. Gambling is a risky game and gambling with your coins is more risky. It is important to hold your coins if you are able to make money by HODLING rather than gambling. IN gambling, it is either a win or loss but in hold, the market cycle adds value to your portfolio. I think it is easy to gamble with fiat.
Every gambling type involves risk, nothing makes gambling with fiat safer, what I lost when I was gambling with fiat is almost same as am loosing now using cryptocurrency. I would even say that is better to gamble with cryptocurrency because you will guide your coin jealously. For those of us using BTC to play we know the value and we will do everything to either win or play with less BTCs because of the few of losing.

It wasn’t so bad using fiat like many are saying but it’s just that crypto made gambling very fast and safe. Anonymity is still the biggest and greatest advantage cryptocurrency gambling has over fiat. Imagine people from countries where gambling is prohibited now gambling happily by hiding their VPN. This is a very good thing and it is commendable.
3796  Economy / Gambling discussion / Re: Overall winning - Dice on: August 30, 2019, 07:22:49 AM
Dude, I think it's not healthy anymore. We have small chance of winning in any gambling game including dice. If gambling is not for you, try  other fields like trading. I am losing too in a dice game but I am trying different strategies to atleast gain some profits. Somehow, I am still winning. We shall have different betting style. Gambling is a gambling, we lose but we still wins.
No matter what strategy you are trying you will lose more than you are winning if you have high umber of bets.There are some good and bad experience for me as well in dice but just accept everything because its gambling and we are not working its just the entertainment.
This is one of the most annoying thing in gambling, I hate to know  that the game is only there to entertain players and not a  way to make money meanwhile casino owners present it to us like it is a great way to make money, this is deceit in my own word and I think this has to be corrected, if we needed somewhere to be entertained, there are a lot of places, so many gamblers like me came into gambling with the purpose of making money and that stupid idea of gambling for fun has to be erased.

I have made up my mind to stop gambling for now, considering the huge loses I have made and since its very obvious there is no strategy that helps to avoid this loses, there’s no other way than either to choose loosing or stop playing which is what I have decided to do for now.
3797  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will alts really die once BTC starts climbing unbelievable highs? on: August 29, 2019, 06:39:58 PM
Many altcoins die without raising the price of bitcoin. And if bitcoin grows very much altcoins will cost a penny. Only 1% of all altcoins will survive.
Altcoins that will cost a penny are altcoins that does not have real working product because any altcoin that has real working product are meant to grow along with bitcoin has it is growing. Take a look at the top coin in the market, you can see that as bitcoin increases, they also increase in price also, and has bitcoin decreases, they also follow same part even if they have their own separate technology, but till now, we still cannot explain why they always respond to the price of bitcoin, but because of their real use case is what I believe.

These altcoins within the top 100 are the ones that I truly believe that will grow when the price of bitcoin grows while others are the ones that will cost penny, I means those that are at the least bottom.
3798  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto Market Projection on: August 29, 2019, 05:40:00 PM
I don’t understand your argument and I don’t understand your source of data and what you are trying to insinuate here, are you saying that the market would have dropped so low by 2024 or you made a mistake in the figure, because 1.40 billion is more or less like loosing almost 90% of the current market cap, because presently we have already grown close to $300 billion and it is our desire and hope that the market continues to grow till we reach about 1 trillion dollars or even more than, so why bringing us own again.

Is this news supposed to help us or create FUD? Except maybe you are meant to say 1.4 trillion which I really am of the opinion that the market may even grow beyond that by then.
3799  Alternate cryptocurrencies / Altcoin Discussion / Re: My greatest crypto regret on: August 29, 2019, 04:43:36 PM
When they (friends) are busy with crypto activities, I assume they have wasted their daily time. After I learned with one of them, it turns out I am a person who does not know how to use time.
We actually have some people that are wasting their energy in the cryptocurrency world, so many of them, some are busy creating fud news without thinking of how they can make their own impact or money  from it, but  I can understand also how we have neglected the serious ones when they first invited us to cryptocurrency and I too has been in a situation where I actually told a friend of mine to get a better life than all these Ponzi scheme that they are doing, but little did I have the knowledge that crypto was a currency, but after getting the knowledge of it, I did not hesitate to take action immediately to secure my future by investing in it, and now I am glad that I did so. I might have neglected it when I first got to know about it, but I still did not make decision when it was too late.
3800  Economy / Trading Discussion / Re: Newbie - when to take profit on: August 29, 2019, 01:33:06 PM
I'm really interested in knowing the answer to this as well.  When do you take profit?  How can you tell?
Nobody will be able to tell you when you should take your own profit, if you are to get advice, you will get different answer because we all have our own different goals, expectation and strategy. You are the one trading and you will be the one to personally know which profit will be enough for you after you have put into consideration all the risk that are in the market.

It is believe that every trader must set a goal, you either set that you will take profit when you see 1%, 5%, 10% or any other percentage that you feel deem fit, but it is always advisable that you set percentage that you will be able to take on time and not lose out of greed. One of the easiest way is just for you to make use of the stop loss and take profit tool, set your profit not to be too high so that you don’t always miss that opportunity, it is better you take little and trade many times than to wait for big profit and not make any on time.
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