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3861  Economy / Economics / Re: Can a new crypto exchange take a place in the market? on: March 27, 2019, 10:32:56 PM
I think it's like saying following: Can you search engine website take a place in the market? Of course it can enter but can it survive? No, depends on aim to be fair, you can always attract for example 50K people monthly on your website but this will be your maximum, you'll never be considered as an opponent but here is natural monopoly, in crypto world and as you talk abkut crypto exchange, I think there is more likely open monopoly, in this situation everyone can enter too but few are succesful. Ask yourself: Why will people prefer my exchanger over others?
3862  Economy / Gambling discussion / Re: 🔥 Dice Game Profitable Strategies 🔥 on: March 27, 2019, 02:30:12 PM
You can invest in dice games becaude crypto-gamed and yolodice let's you to do this.
But I know you mean different investment, making profit from gambling. During centuries (from 18th century when first form of roulette was devised), no one was smart enough, non math and physics professor, non inteligent was able to beat and make casino bankrupt because usually when game is invented and implemented in casino, thy do to mathematically chanses higher for them. So better to stop trying search of ways to make profit from dice, just gamble for fun or otherwise wish you luck.
3863  Economy / Trading Discussion / Re: what kind of trading will suit for me? on: March 26, 2019, 07:21:55 PM
I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

You stated that if you are getting your desired profits then you'll do with huge capital but please don't be quick because it can affect you a lot negatively. Maybe with luck you did good trades with your small capital and from this, you will build confidence but not be super confident to move on full capital. There is a chance one fall will make you angry and past expetience of good trades push you to trade more and if you don't trade well, on long term you lose a lot of capital. Increase it slowly and slowly, add your trading profits to base capital if you want to move on another level.
3864  Bitcoin / Bitcoin Discussion / Re: ‘Bitcoin Is Not Money’ Because We Cannot Print It – Banks on: March 26, 2019, 01:22:47 PM
I have never read such a silly statement, at least recently. To explain title: Bitcoin isn't money because we don't have control on it, we can't print as much as we won't, we can't inflate it and make money and make you work for covering inflation which will be caused by us.
That's the great thing they don't have enough control on it, money is something that is unique and has ability to be exchanged in things, so bitcoin has this ability, you can buy anything with bitcoin, there are a lot of people/services which accept bitcoin and if it's not considered as money for them, then why the hell do they try to set regulations on it?
3865  Economy / Gambling / Re: Game Protect Legal Case - Curacao License Scam on: March 26, 2019, 12:04:12 PM
Finally, after some years someone tried game-protect but can't say this choise was good one.
@game-protect can you confirm that this user really contacted you and please can you give us more detail information? How much was claimed account, if you ever return it and if yes, then how, what processes were involved, documents and etc.
Wish you luck OP
3866  Bitcoin / Project Development / Re: My idea for a bitcoin job forum on: March 26, 2019, 11:13:04 AM
OP it won't be bad idea but to my mind it's very hard to get good positions in google, especially when other very famous forums exist. You could create something similar of blackhatworld, I think this is what you are looking for.
Also it would be better if you allow signatures, someone will promote his/her service while posting too or hire others to promote his/her service.
Was thinking about warriorforum too but maybe first one is better choise.
3867  Economy / Economics / Re: Bitcoin on WhatsApp Coming on: March 26, 2019, 07:08:13 AM
There isn't any talk about security, I think users must be limited in sending and there must be pin/sms verification on sends over 50$ or something similar.
On another hand they could also work on not any 3rd party wallet but on already integrated wallets, for example I mean samsung which plans to produce smartphones with built in bitcoin wallet. If they want to use Wuabit, I think users must have option to use another, already integrated wallet.
3868  Economy / Economics / Re: Why the global currency cannot be 100% internet based and if we will have one on: March 25, 2019, 10:58:50 PM
Of course there is no need of having usd, euro, gbp and so on, all of them are backed with gold at some point, yeah? So let's make major what's in common and once was a major currency in past. I don't mean to make gold major but one global currency which will be backed by it.
But this won't happen, why? Because a lot of money is made in trading, inflation and so on, for this reason governments have huge benefit and don't care what are pros and cons for people.
3869  Economy / Speculation / Re: what will make bitcoin price to brake its all time high on: March 25, 2019, 09:37:16 PM
I'll explain what I think about it:
Best push of rise is halving to my mind: 1. It really rises price because otherwise mining becomes unprofitable and second - psychological factor, everyone thinks it will rise because of first reason, so overally we got high price but this teases new people and a lot of them invests in bitcoin, so demand on it hugely grows, then overally everyone thinks price will rise and finally we got it.
Tried to explain it shortly and easily.
3870  Economy / Gambling discussion / Re: Play poker to train trading on: March 24, 2019, 10:34:18 PM
Still I don't agree with the statement.
Give me good cards everytime and let's escape with your poker skills, there is no chance. Also when you say you can beat someone in poker, it hugely depends on where you play, online or in real life, on regular table or on very fast one. In real life yeah, you have chanses avoid dependant on luck because you can understand others' emotions but online that's impossible because everyone can sit and go anytime and you don't have time to know their psychology + you can't understand their physical emotion expressions.
Trading isn't skill based too, luck is very important here too, you can't monitor price for 24 hour + using bots can sometimes ruin your profit or lose your chance of far better profit. You also don't know what statements there will be which may affect price, you don't know which exchange will be hacked tomorrow, you don't know which exchange will maybe stop withdrawals, you don'y know if coinmarketcap remove any exchanger from their list, yeah, it still hugely depends on luck.
3871  Bitcoin / Project Development / Re: A Decentralised platform for Translators! on: March 24, 2019, 05:50:53 PM
I think it would be correct: human translation will never be replaced by machine translation (I guess it's just your typo).
Google translater was stated by users above me. Well, to beat google in this situation, you can prioritize small and less knownable countries because in such countries google translator usually sucks and some of then don't even have speech. You can take it as an opportunity to develop in this aspect and push people in such countries to use your app instead of google.
Btw can't understand what does decentralization has to do here.
3872  Economy / Service Discussion / Re: Depositing crypto into BlockFi to earn interest, ok or stupid idea? on: March 24, 2019, 04:40:09 PM
If your deposits are insured, then sure why not? If Japan's able to enforce deposit insurance on licenced exchanges, surely a Gemini-backed entity must be able to do the same, especially if they're soliciting your deposits.

2% annual interest is not worth the risk, as pointed out. If you REALLY wanted to gamble, there is a service here that lets you earn about 4% annually (compounded), crediting you daily, and funds never locked. Hint: They're in Gambling section and are one of the most read and responded to threads. They've not scammed anyone for 4? 5? years but I wouldn't store my precious savings for that kind of interest. A little here and there, sure.
+1 this one. For me the service which offers withdraw anytime is better than that one, in any way deposit is still risk becausr unlike banks you have zero guarantee they won't go scam. But personally I would risk if I plan to hold my bitcoins and get rid of manual trading, but still, price is a little bit easier to predict now to my mind, you would gain that interest with some trade pretty soon.
3873  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: March 24, 2019, 03:10:17 PM
Just look how many high-rank members responded in this thread and you will know if FreeBitco.in is a good and trustworthy faucet.

They are paying me clockwise from 6 years every time I have filled the threshold amount.

My best faucet ever.



I believe this is not yours, it will be the best faucet ever for everyone, where do you see someone got paid with that huge amount plus chance to get lottery and reward point? I believe there is no such generous site that can offer this kind for their players except freebitco.in and you guys muat be lucky enough to have some affiliates. I can only claim faucet and may be gambling it for a while
I think that kind of diversity that made freebitcoin famous. Lets be honest faucet alone is not a huge deal, gambling part is not a big deal all by itself neither, lottery is not a big deal, rewards are not that easy to attain anyway so not big deal, affiliates are dime a dozen in many affiliate networks. However freebitcoin is famous and loved insanely for two reasons, one is they brought all of that together and even pay you to just keep your bitcoin there, that is it just keep it in there.

Also, the second one is they are legit and never harmed or hurt anyone or scammed any people. Which means they are insanely popular because they provide you with a bunch of stuff together and they never back down on their word for it. I just can't really even imagine any other website that can do all of this and still profit so they must be doing something right.
Freebitco because popular because they were first in bitcoin faucet and also for this reason too were highly popular on forums + a lot of people who had first steps in bitcoin, collected their free bitcoins with freebitco.in Also one local bank was promoting freebitco years ago as a website where it's possible to get your first bitcoins for free. Love that great old days, faucet reward wasn't huge thing but I remember my first steps in bitcoin nicely.

I would really like to see proof of the local Bank that encouraged people to use Freebitco.in for free coins. Please drop a screenshot or a URL link to that proof for archive purposes.  Wink

Yes, the early days was great, because it paid a lot more Satoshi back then and it was not just about gambling, but more about Bitcoin adoption. <Things had to change for the site to survive, so we should just accept that>  Sad
At first sorry for late reply.
Here is the link of proof lol: https://bit.ly/2CAn1nr
But I guess this is the language you don't know, can use google web page translator and at least you'll understand story of this article.
This website is owned by local bank which has contracts with Deutsche bank overally and for bitcoin buy/send/exchange they have contract with Bitfury, they have biggest datacenter here.
Sorry for a little offtopic.
3874  Economy / Goods / Re: Selling Nike Jordan Formula 23 Low Trainers White on: March 23, 2019, 11:17:59 PM
Nice, what's the original price of that shoes?

I believe you are selling it lower than the purchase price, right?
I paid £75 in them.
3875  Economy / Economics / Re: The Factors of Demand and supply on: March 23, 2019, 10:10:07 PM
When I was in college we were taught that the price of any commodity is determined by the factors of demand and Supply to a large extent.
In your understanding, do you think that the price of bitcoin is determined by the factors of demand and supply?
This is an economy principal. Without demand there will be no supply.
Yes but also there isn't supply of every demand.
Btw if you want to look bitcoin from basic economy knowledge, it's like bitcoin is factory where high demand = high price but also your price must cover fees of production (mining). If price of production is higher than the actual price of product, you keep producing with loss and hope of future profit or stop producing (miners keep mining with loss or stop mining if it's unpofitable). But also there is another thing, halving. Now imagine this like following: You produce very high quality product but every four year there is regulation set on you which makes you to produce half of current product in every four year. In this situation demand is still same or grows because your quality is great but supply lowers.
Now imagine tx fees, it's like distributors have to take your product but because of demand and price, sometimes fee is low or high.
3876  Economy / Service Discussion / Re: is there any statistic of how much traffic approx signature getting? on: March 23, 2019, 01:02:50 PM
There is no public statistics but you can ask website owners. Usually what they so to know statistics is that they put google analytics code in your website and when starting signature campaign, they put specific link, for example my sig has affiliate link, this way owner can know how much user has come on website from this link (with the help of google analytics) + they can see how much of them have registered from this url.
3877  Economy / Gambling discussion / Re: Playing Gambling Games For Charities on: March 21, 2019, 10:12:21 PM
To be fait it's a little bit hard to say how logical it is when gambling website does a  charity because that money is usually collected from people who are gambling addicts, lose their own money and are becoming unhappy (sometimes yeah, there are some people like this) but also they lose money for nothing, it's just spent money in a very silly way and it's better if money would be taken for poor people and for those who really nees it and money matters for them.
3878  Economy / Speculation / Re: Is Bitcoin Too easy to manipulate? on: March 21, 2019, 09:17:44 PM
Bitcoin has a market cap of 70 billion. This is very low when compared with the stock market or the gold market. There are many groups that can buy the total number of Bitcoin in circulation with a price of $4000. They can easily manipulate the market both sides up or down. Bitcoin 70% supply is stored in a very less number of wallets say 5%. Don't you think Bitcoin can easily manipulate and below $1000 is still possible?
 
Bitcoin can easily be manipulated but can't say that persons can easily change it's price by buying a lot of bitcoins in low or high prices (I mean group buy).
As I see bitcoin's price is easily manipulated when someone says something on it, for example when there was rumor that china was going to ban bitcoin mining and etc something similar.
Btw if bitcoin go under 1000$, then I highly believe it will damage bitcoin's reputation and kill all hope of further rise in everyone.
3879  Alternate cryptocurrencies / Altcoin Discussion / Re: SHIT COINS WILL ALWAYS DISAPPOINT on: March 21, 2019, 02:53:04 PM
Nowdays less and less promising coins are created, personally the last one (really great coin) I have seen was Grin coin but not a good choise for investment because it's like Zcash to my mind (I mean price movement). It started with high price from the very first time (maybe 10$ or something higher, can't remember correctly) and then felt down.
Btw for shitcoins, yobit is great place, people make money with dead coins here lol.
3880  Economy / Gambling discussion / Re: Can I spend the daily expense by playing gambling? on: March 21, 2019, 11:30:30 AM
Is it possible to spend daily expenditure by gambling money?

It is possible depending on the game that you are playing. Usually, I do Esport betting. Esport betting gives me the upper hand since I know the teams well the possibility of losing is quite minimal compared to casino-based gambling.

If you gamble in casino-based gambling well I guess it's not possible because the games there are based on luck.
Congrats if you can make casinos bankrupt but I want to say that it's not possible, have you ever seen any casino was closed because they couldn't handle loss? If it was possible to profit longterm, then there would be no casino. They include a lot of factors to make sure they won't go bankrupt at the end, that's why we they have house edge for example, also take roulette, zero on it is a game changer for casino, slots are modified to profit casino owners. Gambling is to have fun, not profit, that's why it called gambling, there is word game in it, just play and get fun from it, don't look it as a profit source.
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