Bitcoin Forum
June 18, 2024, 05:53:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 [191] 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 ... 304 »
3801  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: July 04, 2019, 05:03:21 PM
Aside from the fact that primedice has been around for over 6 years now and never had any issues with getting a collective hacking. There was a time when they got 2 thousand bitcoin stolen from them (TWO THOUSAND) and they didn't put the burden on any users. So we know as a fact that primedice is trustworthy because we have been with them for years and they have never let anyone down.

So, yeah the personal and individual hacking could be a thing and you should be careful about your money and security of it but when it comes to an issue as a whole website I am pretty sure there are no places like primedice that you can trust (of course stake too). The "trust" to websites is not for personal security, that is all up to you whichever website you decide to you but when it comes to "trust" for collective you are on the right place.
3802  Economy / Economics / Re: What would you want to see on a Crypto Only exchange ? on: July 04, 2019, 04:14:24 PM
I think KYC is not something they really care about at all, they are not asking for it for themselves, they are asking for it for the government. And I am pretty sure they digitalize or do whatever those things and since a bad person wouldn't give their information I am 99% sure what happens is the information they got will be given to some authority and the authority probably has a system that checks bad guys ID and they just scan it probably either automatically or some intern do it and nothing comes up and continue their life, we had the same in hotels where you have to give your ID to check in (common thing) and your ID will be sent to police and they check it and nothing happens. I worked for over 4 years in hotels and somehow no bad person ever stayed in our hotels, maybe its actually true but I feel like they just gave wrong ID and moved on.
3803  Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance on: July 04, 2019, 12:49:48 PM
Why do we really hope bitcoin to save the country that is really at the bottom of the sea, why not use bitcoin as a prevention instead of construction from zero? I mean if you ask me bitcoin should not be something that should save an already destroyed country like Venezuela but it should be something to use so you do not become like Venezuela.

What do you think will happen to all countries in the world? You think the economy will not get worse and worse? Look at how our financial system is leveraged, it is totally unsustainable and we will keep getting those 2008 type of crisis over and over again until the system is actually stopped and changed to something else. A country that is purely bitcoin based would be safe from all of this and would never become like Venezuela at all.
3804  Economy / Trading Discussion / Re: Libra, Facebook’s Cardinal ‘Global Currency’ on: July 04, 2019, 07:58:18 AM
"Libra" word does exist in probably every single country, probably people who are too used to dollars and euros do not remember the old time prices but that "pound" in English is the same thing in many other countries as well, it is a unit of weighting something and same word applies in many countries.

The most known one at our current period is "lira" in turkey, it is literally used as a currency and means exact same thing as Libra and Pound for weighting something, Italy used Lira for many many years until they passed to Euro, same with France using Livre as their currency, Egypt used it as well.

So, Libra is not just English pound but literally Libra itself, it was actually the British that changed the meaning of Lira to Pound for making it English and not vice versa so Libra actually has a very big connection meaning with almost everyone around the world except maybe Asia.
3805  Economy / Trading Discussion / Re: Theoretical reason for the bullish bitcoin now. on: July 04, 2019, 07:11:15 AM
I am not entirely sure if this was an accumulation stage at all. This was probably a cashing out phase where many people who have lost their money during the 20k bull times to 3k bear run and finally getting out, the sad part is most of them won't even get back.

A lot of people went into bitcoin during 12k times, we didn't stay there as much as 6k times but those people are long gone anyway so we are here with the second highest price we stayed for so long and many people are taking advantage of this time to sell and finally be done with bitcoin they have been waiting to get rid of for months (even over a year). Accumulation happens when bitcoin price doesn't get high and just stays the same and people collect bitcoin, that was during the 7.8k times after we dropped from over 9k, this was just cashing out period.
3806  Economy / Economics / Re: What Are NFTs? on: July 03, 2019, 05:41:49 PM
I think in order to make this a reality you have to actually follow with the idea you started out with and not keep innovating to make more profits.

Crypto kitties was something I got in a lot later than some early people did but after I got in I just wanted to have couple of kitties and possibly just breed my way into having almost all of the big genes if I could with as low generation as possible but instead of actually buying them I would breed them myself.

After I started working for that something happened, something that dropped the price of all kitties, crypto kitty firm decided to print out more kitties in some celebration and then for advertisement of a company, than something else.

Crypto kitties were valuable because there is a limited amount of them, but people realized since the company will eventually ran out of selling their kitties, they had to keep making money and thats why there wasn't limited amount of kitties, they would keep on creating new kitties all the time and there will never be a period where new kitty was unavailable, so the limitless amount of kitty caused the prices to plummet. If you can find a way to profit and make it limited then it can be good but if you keep printing new NFT then it will never work.
3807  Economy / Economics / Re: Can not believe 5 years ago you could of bought one whole bitcoin for this much! on: July 03, 2019, 05:09:27 PM
I was in crypto world during 2013 hype times, I think it went from 30 dollars to 250 dollars and went back to 150 dollars but I could be wrong on the prices. I vividly remember seeing bitcoin at 150 dollars, knowing what it was and what I could have done I wouldn't change a thing.

That wasn't a time when I had money and I still would have purchased bitcoin at 150 bucks if I could at that time as well but since I had no money I couldn't do it (I got engaged couple months later and married couple years later so I always had an expense I had to pay and never had any money). So just because you could have bought bitcoin for cheaper doesn't always mean you could have bought it, there are people like me who were willing to buy it but never had the means to actually spend money on bitcoin as well.
3808  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Significant Moves In The Altcoin Market Are Now Overdue on: July 03, 2019, 04:38:13 PM
It was long overdue for bitcoin as well and it happened, we are not getting that "I MADE X10 IN A DAY" times anymore, that is not healthy, we should not get it neither its just pure bad for our market.

However, we are getting that small by small incremental increase type of deals and that is good for us, I think with time we will get there and all altcoins will break back their all time highs ones again, it is possible and we can totally do it but it will take some time, bitcoin is still volatile right now and we are not even sure how high it will get and at what point it will stop, so as long as we are still unsure about bitcoin the altcoins will have trouble since when bitcoin goes up the price of altcoins drop significantly, as soon as it stops to go up then we will have a chance for altcoins to go up as well.
3809  Economy / Gambling / Re: 💰 Hit Or Miss Your Parlays, Win Big BTC On Nitrogen Sports Parlay Jackpot 💰 on: July 03, 2019, 02:45:50 PM
I didn't even know it was possible to bet on hot dog eating contests, are they really that big to make a noise and have a betting as well? I mean who the hell watches them closely enough to actually bet on them? Cheesy.

Well, apparently there must be some people since they now exist. I also wanted to ask have you ever considered adding "where will Kawhi go" type of free agency stuff as well? I mean there is a 90% chance its too late already and that is a risky bet since someone with some insider information could bet before Kawhi actually tells his decision and they could make money but for maybe next year like FA is not even known right now and maybe for next year you can start one from like all the way on September and close it on the last week of FA and that way you can be safer? I really don't know the execution and how it can be done but betting on FA could be super fun.
3810  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: July 02, 2019, 01:24:18 PM
The weird thing is not only you will be getting paid for creating a new topic or just writing under a specific topic to get more satoshi but at the same time you are only eligible to join most of their promotions via their own forum, so you HAVE TO join under their forum to get those promotions plus while joining the promotion you are getting paid for posting there as well.

I am telling you I am one of those people who do not like the idea to go to another forum just to write when I can write here anyway but honestly they are doing everything in their power to make their forum much more appealing. If I wasn't really dead set on being purely bitcointalk type of dude I would have only written in stake and primedice forums alone and try to make money that way, I know it would be hard to make a decent money there but at least they are doing their best to make it happen.
3811  Economy / Trading Discussion / Re: Suggestion for trading platform on: July 02, 2019, 08:52:16 AM
Where you are trading doesn't matter as much as you what you are trading. Exchange is just a middleman that allows you to trade with others on bitcoin or any other coin you want and there are a lot of same coins in similar exchanges. Just to give an example the btc/eth pair exists in almost all big exchanges and the prices are always close to each other as well, which means you can pick any exchange you want but in the end if you are not a good trader you are not going to make any money at all.

I would suggest getting that money out and investing it into something else, I know its too little for stake or any masternode but maybe put it on freebitcoin for yearly 4% interest, aside from that I can't think of any other riskless method and any risk you take may be dangerous for you.
3812  Economy / Trading Discussion / Re: fractional leverage on exchange on: July 01, 2019, 05:47:00 PM
First of all nobody is faking anything in their data, its a market, you literally buy and sell as the customer and they make money from the losing side, they have absolutely no way of winning by faking data because if you lose and someone wins they are getting the trade fee while if you win and someone else lose they get the trading fee, so they don't care if you win or lose, they only care you trade as much as possible so you pay them the trading fee nothing else.

On top of that 0.05 is way too little to make it worth it, they only put in stuff that people want and ask for, if people asked for 0.05 all together they would have added it but people wanted x100 leverage since even with 10 bucks you can make 1000 dollars that way if the market goes the way you want whereas 0.05 would make no sense since its already close to what you would actually make.
3813  Economy / Gambling / Re: OneHash || Mutual Sports Betting & Casino 🎲 || Huge Cricket Promo 🏏 on: July 01, 2019, 06:40:27 AM
It wasn't a bad site in 2015 neither, I have been here far longer than 2015 and I remember early days of onehash as well, people didn't really understand why they bet on onehash for some odds and then when they won they got worse odds because they didn't understand that even after they bet the odds could change if someone bets on the same side as them and drop the odds as well.

So, you can bet on something with x2.0 odds and then you can win but get x1.28 return because a lot of people bet after you and at the early days not many people understood that, including me as well. That could have been the part where people weren't sure about the website but aside from that onehash has been a trustworthy website since the first day they came out and they have never had any problems with anyone.
3814  Alternate cryptocurrencies / Altcoin Discussion / Re: are you sure alt season coming on: June 30, 2019, 06:51:13 AM
I am not 100% sure about alt season will come , as per past trends that happened. but we can not guarantee and crypto market condition. it always fluctuate. i have invested on ziliqa , now very bad performing. its great project even-though

what about your thoughts
I think the main reason why you haven't seen it yet is the fact that bitcoin is still going strong. Since, bitcoin is making people money and helping them get profit people are putting their fiat currency into bitcoin as well as their altcoins to bitcoin as well. Which means as long as bitcoin keeps making people more and more profits than there would be nobody looking at bitcoin neither.

However, at the same time know as a fact that as soon as bitcoin doesn't make anyone that much money and the amount of profits are diminishing then the price of altcoins will start to go up because people love to make money and they just made money from bitcoin so they will not say "this is enough" and move on, they will want to keep making more profits and just spend all of that bitcoin profits into getting some altcoins.
3815  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is XLM so out of flavour? on: June 30, 2019, 06:07:40 AM
It is not just about xlm, almost all altcoins went down, if you checked the market the price of many altcoins went down in bitcoin price and some of them even dropped in dollars so it was common. Plus that 25 dollars per address type of deal in blockchain.com didn't help at all, there was thousands of dollars just flying around for free without a charge and nobody could have given XLM a better reason to fall.

When prices of other things went up people just spent that 25 bucks on their accounts to buy more stuff or do whatever and right now XLM is basically dumped because all those free coins were sold at around the same time period. I am sure all of them will be recovered soon, eventually bitcoin rally will end and XLM will worth more once again but meantime, try to be patient about it for a while.
3816  Economy / Speculation / Re: New High... For Everything. What'll happen next? on: June 28, 2019, 07:16:47 AM
I think the next is the altcoin run. Everyone thinks that since when bitcoin goes up the altcoins go down and believes bitcoin needs to go down to make altcoins go up but that doesn't have to happen at all. Now, when you sell your bitcoin and buy an altcoin yes you take money out of bitcoin but at the same time there is new money coming into bitcoin. So, when nobody buys altcoins the new money coming into bitcoin makes it go up whereas if people starts to buy altcoins the bitcoin price stays about the same with the new money supplementing it while altcoins get higher. So, my assumption is bitcoin will go higher and higher but eventually will stop which means altcoins will start to increase after that. I am not entirely sure if it will happen but I feel like that sounds reasonable.
3817  Economy / Speculation / Re: Bitcoin Monthly Chart Shows Prices Will Jump Higher on: June 28, 2019, 06:44:47 AM
I don't doubt it will go even higher but I am not entirely sure how higher? I mean we are at a really increased number right now and anytime we make a jump we return back down a bit, not back to where the jump started but not at the peak of the jump neither. Like it goes from $12.3 to $13.8 than goes down to $10.8, those types of moves makes it scary for me as well.

I don't know what and where this will end up with but eventually no matter how long it takes or no matter how high we get in the end there needs to be a stop and we really don't know where that is.

Now, finding the bottom and buying from there is the most important thing but I think finding the top and selling there is quite important as well and I do not want to miss it, I don't want to just think its another correction and have a 50%+ loss in my hands.
3818  Economy / Trading Discussion / Re: When will Bitcoin bump into bottom again? on: June 28, 2019, 06:18:53 AM
I think it would be after the halving, I feel like the miners will realize how much they are going to lose and how much they should mine to make how much and then calculate the cost of mining 1 bitcoin and start to sell accordingly, after that calculation and selling from the miners we may not have the same advantage from the buyers as we have right now and the price may start to fall.

Everyone waits incredibly patiently until that halving and we may keep going up until that moment because that is what people believe this increase is for but as soon as we have the halving the miners will be capable of doing their profit vs loss calculation and realize how much the new cost is. Let's hope it will continue to go up even afterwards but that seems like a good starting point for the bear run.
3819  Economy / Trading Discussion / Re: Where to invest my $1300 USD? on: June 28, 2019, 05:39:14 AM
$1300 is not small amount of money and you can consider it either as a bitmex leverage type of deal or you can do it as a altcoin investment deal.

Now, if you pick the bitmex one you may know that leverage makes sure you have to be right because if you are wrong even slightly then you will lose all your money all of a sudden without ever having any return, yet you can also make so much more money than you can normally make because leverage makes sure you earn x100 (or whatever our leverage is) compared to what you would normally earn.

Altcoin on the other hand wouldn't give you that type of earnings because it can go up maybe x3 or x5 at most but that is about it whereas it also has the chance that you won't get to lose all your money, you can lose most of it but not all of it.
3820  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BNB become the king of all coins on: June 28, 2019, 05:00:50 AM
I am not entirely sure if it can pass bitcoin. I mean for me it might as well the second biggest coin behind bitcoin beating xrp and ethereum by a big margin and I would be fine with that, nobody would be mad about it because BNB has a superb utility of the biggest exchange and you would be making a good point to buy as much as possible considering even though the need for a big exchange like binance will exist forever the BNB burning operations makes sure there are less BNB available so all in all BNB could definitely worth more in the future.

However, bitcoin is the original and all others are just variance of it for me and thats why I would never put a coin above bitcoin myself, I would put it on close to it but never above it since I do not really believe anything could be as valuable as the original.
Pages: « 1 ... 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 [191] 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 ... 304 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!