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41  Economy / Gambling discussion / Re: What you think about support in crypto casinos? on: April 30, 2018, 07:42:31 AM
I wonder what people has to say about support in crypto related casinos? Do you have any experience, are you satisfied? What you think where support is the best, and where is the worst?
Maybe I will add pool later if there is enough comments and suggestions. Please stick to the topic with your comments, lets make nice discussion about this matter.

Most of these casinos are doing a good job when it comes to customer support. Some are active not only on their sites but also here on the forum. Some good examples is FortuneJack. I've seen them handle things efficiently. I also had some dealings with the support of some big services that started to accept cryptocurrencies like bitcoin and they were also very fast with their responses. I think the competition in the business is making them care about their customers.
42  Economy / Economics / Re: bitcoin in developing countries on: April 29, 2018, 11:00:04 PM
at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?

The government wants to take charge over bitcoins and similar assets because it is a global product that is sold easily all over the globe - but unfortunately the government doesn't have a cut unlike those goods that has to get thru ports and bureau of customs. Bitcoins could threaten or help a local economy because it converts fiat to digital currency and throws it overseas without letting your government know. Sending a money from abroad using bitcoin is a perfect example of bitcoins affecting / helping economy.
43  Economy / Gambling discussion / Re: How much have you won/lost on bitcoin gambling ? on: April 28, 2018, 02:08:24 AM
How much have you won/lost on bitcoin gambling ?
and which sites did you play ?

start with me.. summing up all the wins/lose i did together.
and i lost about $1500 on rollin.io

what about you ?

My first ever gambling site is fortuneJack. So far I have not yet lose a huge money from that site. I didn't record my lose or win in gambling as long as I am enjoying the game in gambling and the excitement and thrill that's good enough for me. And I feel better because it relieved my stress after my whole day in work. But i think I have won 60% then the rest 45% is lose, I'm not usually addicted in gambling but when I have a spare time I like playing those games in forutne jack.
44  Economy / Economics / Re: Is bitcoin helpful to the economy? on: April 26, 2018, 09:51:40 PM
I think Bitcoin is helpful to the economy because it helps the people, may they be employed or unemployed. It helps the people to be productive especially on their vacant times or when they are not working. Bitcoin is getting a lot if attention in many countriesnow because it really helps the people.

You are definitely right. Bitcoin really helps the economic status of a country. In our country bitcoin is popular and a lot of people wants to earn it. In my experience, bitcoin help me a lot when I was student until I got my job. Aside from that, bitcoin helps our economy by increasing our dollars reserve by the help of our OFW who's sending money in our country that came from bitcoin. Another thing, we already use bitcoin also a type of payment system.
45  Economy / Economics / Re: Will Bitcoin Experience More Price Volatility in 2018? on: April 26, 2018, 08:46:32 PM
by David Drake

 
In 2017, Bitcoin recorded the most unprecedented gains, making it the most sought after cryptocurrency in the market. As a result, most people are buying Bitcoin for speculative purposes with the hope of cashing on price increases.

 
Having risen to a high of nearly $20,000 in mid December, Bitcoin experienced high volatility towards the end of 2017, raising the question of whether its price could plunge to below $10,000. But as HOQU's Co-Founder and CEO, Alex Shmonov notes, high volatility is nothing new to Bitcoin.

 
"The price of Bitcoin has always been very volatile even on fake news as many people buy this asset for the sake of speculation and profit. The reality is that the entire crypto market can flop by 90% and this will be normal. We saw this with Bitcoin before. But after some time and after the dust has settled, prices will return to new heights, because progress will go further and people will understand that the problems that caused the drop are resolved or almost solved," he says.
 

Even so, certain factors fuel the volatility of Bitcoin, and one such factor is government statements on cryptocurrency regulation. On Thursday 28th of December, 2017, Bitcoin prices plunged by the double digits following the announcement of fresh regulations in the world's third largest cryptocurrency market, South Korea. Going by the trend set by this southern peninsula, there’s no doubt that more price swings in the cryptocurrency market will follow.

 
"The volatility in the price action mirrors the uncertainty in world regulation. Each positive statement from a country or exchange sees a boost in the Bitcoin price, and each proposed clampdown produces a price drop. Changes in regulation is the key price driver for Bitcoin and that won’t change in 2018. I think price volatility will increase this year, this will not be a time for the faint hearted. Reduce your exposure to price volatility by diversifying a little of your portfolio - now," says Linda Leaney, CFO at Globcoin.
 

According to Marcus Vandea, CEO of Playfold, Bitcoin has a highly volatile nature. But even with its price swings, it’ll be hard for its value to drop below the $10,000 mark.

 
"High volatility will always be an intrinsic part of Bitcoin, with 30% shifts that always happened but are now more noticeable because of its high value. It’s difficult to believe that Bitcoin will plunge below $10000, as it is now more popular and desired than ever. But extreme value swings will keep happening and will keep discouraging the light hearted investors," he says.

 
Bitcoin braved the turbulence in 2017, increasing its value from $1000 in January to reach a high of $19,700 in early December, before closing the year at about $14,000.

 




Actually, it is hard to determine its future behavior but if we continue to support the crypto then there is a bigger chance that it will increase its value. As of these moment, we can see that its value is stable and it is slowly keep increasing. This is a sign that it is starting to recover from being down. This year it is expected that it will be 3x higher compared to last year peak value. Also bad publicity about bitcoin by banks also contributes to its Volatility. The Volatility of Bitcoin cannot be determined or ascertain by predictions, but the volatility will allow new investors to be able to access the coin when the price is at the dip,and  investors also to hold and also to have vast knowledge about bitcoin and its Volatility.
46  Bitcoin / Bitcoin Discussion / Re: Investing to Bitcoin is not that easy on: April 26, 2018, 08:02:07 PM
Working with money is not a joke at all. These things must be approached with a cool head, otherwise you might lose your money. First of all, I would advise you to work with people who already have some success in earning cryptocurrency. Over time, you will understand which principle of earning you more suitable. Perhaps, here you will find yourself and you will be tightened with the head, and there and to startups at hand where it is possible to realize well itself.
47  Economy / Trading Discussion / Re: Which knowledge is important for crypto trading? on: April 26, 2018, 07:56:12 PM
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...

For me the important knowledge that you need to gain is to know how trading works. In order for you to earn in trading you must learn how market works and the best coins to buy in order for you to get more profit. For example, coin1 has a lot of volume of traders so therfore this coin1 has a potential to give you a profit. As long as you are a hardworking person you will earn a lot. Or you may try also joining a signature campaign for an extra income.
48  Economy / Trading Discussion / Re: where do you get your predictions? on: April 25, 2018, 10:22:55 PM
hello!

for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?

Well, For me the best way to get a predictions about digital cryptocurrencies is reading some articles online or in this forum. Well, eve you read some predictions for me, sometimes I don't believe in those because I believe that no one can predict the price of digital cryptocurrencies. But it would a big help for us to decide if when are we going to invest in digital cryptocurrencies. But as I stated, sometimes you don't to believe from it because it might lead you into great loss.
49  Economy / Trading Discussion / Re: Teach me how to trade on: April 25, 2018, 10:21:55 PM
Please as a newbie how can I trade , please teach me everything

Well dude, How will you learn if you will rely all the things that you need to learn to us? First, Gather some information on how trading works. It is very important to have a knowledge in trading when you want to enter a trading world. Second, Be wise in every decision you will make because some people out there were regrettable because the decision that they made and last, gather some information about the coin that you think that it will gives you profit.
50  Economy / Economics / Re: The market started looking green today. on: April 24, 2018, 08:57:59 PM
It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history.
The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?




That's absolutely right. I am so happy that some asset of crypto are now recovering but still, we don't need to be happy yet because sometimes it goes down again. But it is not actually bad because some people who almost lose their hope are now being motivated because of this situation. As myself, I still believe that it is just the beginning of recovering of digital cryptocurrency and I hope it will continue until it reach its highest price again.
51  Bitcoin / Bitcoin Discussion / Re: Bitcoin failed as a currency on: April 24, 2018, 08:36:55 PM
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?


I don't see it that bitcoin failed as currency. We all know that some features of currency is a form of investment also. Even in fiat, some people invested in real fiat to get a profit. It just somehow that digital cryptocurrency has a higher chance to make you more profitable than investing in fiat. Actually, some assets of crypto has became successful and some of them now are used as an payment in other country such as out country which is Philippines.
52  Economy / Speculation / Re: is this right time to invest in BITCOIN..? on: April 24, 2018, 08:33:35 PM
The price of Bitcoin growing consistently from 2009 sum of people are very confuse to see the price of BTC that what is the right time to invest.
According to my opinion at this time price of Bitcoin in low position so you can invest.
What you think.
Each everyone of us has a point of view in terms of predicting if when is the right time to buy. The best way to know if when to invest in bitcoin is having a target price. Aside from that reading some articles about bitcoin would be a big help for those people who wants to invest in bitcoin to decide. As my self, I still consider that this is still not the right time to invest in bitcoin because of its stability. I set my own target price in order for me to not get a hard time in deciding if when to buy.
53  Economy / Gambling discussion / Re: Gambler's mindset! on: April 24, 2018, 08:29:52 PM
I have tried to think what goes through my mind when ever I am trying to place a bet. I think something strange do happen to me and that is I always have this thinking that what if I lose, how am I going to feel! I have never want to lose in my mind I want to win always but I think this is impossible. Gamblers here did you always want to win all your bet? If you win all how will the gambling company makes profits?

Well, That's is always a gambler's mindset. If you are still a beginner in gambling, I am pretty sure that you will actually think that. But of course, those people who are veterans also will thinks that way. Actually, I just believe in luck in term of gambling. I have tried playing in gambling which was HI/LOW. I've noticed that since it is a made of technology, even you are good in gambling you cannot predict if you are going to win or not since it was programmed.
54  Economy / Gambling discussion / Re: Gambling: Culture on: April 23, 2018, 10:50:35 PM
Have you ever wonder why even there are a lot of negative things gambling bought, it still doesnt leave us ? Is that so, gambling has been a part of our culture , even you have plenty or not. Rich people often socialize in the form of casino, while the poor are contented on country games with lower bets. I, as a person living on a third world country, witnessed how gambling form our culture. Town celebrations or "fiesta" are not complete without low cost gambling houses called "perya" where you can bet starting from almost $.02 and above. Every corner of the street has some kids playing coin games and even a wake makes its company awake using card games. Weird isnt it? How about in your country?

Well, I think you live in the Philippines since I know what terms you stated and quoted. You know dude, We both know that our country is not that wealthy and a lot of people are suffering in poverty but they still choose to gambling. Gambling can make you addictive you know that, especially in our country. Sometimes people will do bad things in order for them to have money for gambling. You can see a lot in our news. Well, even some gambling games are banned in our country there's still also is allowed and one of that is what you quoted.
55  Economy / Economics / Re: Banks Won't Make You Rich on: April 23, 2018, 02:30:19 PM
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies.  Lips sealed Banks are just for keep your money safe!  Tongue


That's definitely right. I don't also believe that bank can make you rich. For me they are the who's keeping your money safe. As you stated that the interest is very low so there's no possible for us to become rich by putting a lot of money in the bank. Maybe in digital cryptocurrency, there's higher chance that it will make you rich as long as you know how to earn here and how it works. Actually there's a lot of people out there who became rich because of digital cryptocurrency.
56  Economy / Economics / Re: [ASK] How are you going to handle too much debt? on: April 23, 2018, 01:12:25 PM
what would you do if you had so much debt and that your income was not enough to repay your debt installment?
how will you deal with it?
how to solve it?

Well if that happen to a person that would be his/her problem. Well, I will not deal with it because I am not a type of person that who will borrow a money without assurance that I can pay it. In fact, I never borrow a money just to use as an investment in bitcoin. I am not saying that borrowing a money is bad. The bad there is if you don't have money to repay that, then don't borrow. That's just simple.
57  Economy / Economics / Re: Bitcoin as savings, emergency needs possible? on: April 23, 2018, 07:23:06 AM
So far there are many concerns regarding on bitcoin advantage. I have read a lot of it here in our forum. Thus really make sense why should we invest in bitcoin? Well i know that you can add up more when comes to the advantage of investing bitcoin from the other members as well. In fact i get a lot of idea from them from reading and reading from their post. Thus includes bitcoin as a form of savings highlights the best idea on investing bitcoin which could be later use as for emergency needs also. So how it will work? Well i have some extra money from my salary so instead of putting it to my piggy bank i will invest it here in cryptocurrency though  it is not that big yet it could be consider as savings. From time to time as other members done like holding and selling it in the right time will do also. So it will be savings plus profit and that could also be use for emergency needs and easier to get or convert it to money for emergency uses unlike lending money from banks that will cater 2-3days process before you get your money. So this is the best idea i guess. How about you?Could you consider this thoughts?

Yes I consider that thoughts because I have already used bitcoin many when I had an emergency. But that was when bitcoin price was skyrocketing. We all know what was the highest that bitcoin reached in terms of price. That time I just focused only in earning bitcoin and I set a side the altcoins. But now, as we can see that bitcoin is still not recovering so that's why as of now I can't use my bitcoin as my emergency because I want to hold it and wait for the price of it to rise up again.
58  Economy / Economics / Re: Panic selling can contribute to bitcoin price going down? on: April 23, 2018, 12:10:37 AM
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
The way I see it, it is somehow affecting the price of bitcoin when everyone else is doing panic selling. We all know that the reason for panic selling is because the price of the coin you're holding is dumping and in fear of losing a lot of profit we tend to sell our holdings even if we know we can earn more. It is a great factor to consider why the price of the coin is drastically dropping because those who are panic selling are not helping they only make the situation a lot worse. We can convince them by talking to them about they are not the only one holding that coin and even if the price of the coin is dropping the other users chose to support it.
59  Economy / Gambling discussion / Re: Why gambling is portrayed negatively almost everywhere? on: April 22, 2018, 09:28:06 PM
I am not a veteran in this gambling industry so trying to understand what majority of the people thinks about it.

I have seen a lot of threads in this section as well as in other online forums which always protrayes gambling as a negative line of earning money online. I have seen people comparing gambling with alcohol addiction. I have seen people actively trying to discourage others from getting into gambling industry. What's wrong with gambling?

It is just another business and also legal in many countries. People who buys lottery tickets are also gambling only.

 In trading industry, you bet on your speculation and in gambling industry, you bet on your luck. In both trading and gambling, there is a risk of loosing money. So why trading is seen as a good way of making money and exactly opposite for gambling?

I belive it is just a social taboo about gambling and we need to rethink our stand towards gambling. It is just another legal business. What's your view?



Well, it is very an obvious answer. First, When you enter the gambling world and you had fun and you earned money from it, it will be hard for them to avoid it. Sometimes they will borrow money so they can play and sometimes they will sell their properties just for gambling. They often forget their limitations when they got enter this world. We should remember that we need to know our limitations in order for us to not get lose a lot of money.
60  Other / Archival / Re: Help a Beginner to understand... on: April 22, 2018, 01:14:07 PM
Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Bitcoin has big role also why some coins in digital cryptocurrency are falling. The reason there is because some people were dumping their coins or bitcoin because they were panicked. Another one is, some people who are wealthy has a ability to manipulate the price of bitcoin and the other digital cryptocurrency that's why if you notice that the prices of each coins are changing. In order for you to learn, this kind of topic is one way to learn about how digital cryptocurrency works.
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