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41  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: I wonder what you think of this new EOS exchange? on: October 01, 2018, 10:39:32 AM
I wonder what you think of this new EOS exchange? There is no good trend in the future, now the currency vouchers so depressed, I do not know what we think?

https://bitcointalk.org/index.php?topic=4933299.0
With the team bailing out, the general platform being sluggish and the marking tending towards centralization, I would say I really do not care that much about how EOS exchange is like since at the end, they still tend to not be able to do anything right yet at the moment.

Moreover, it is obvious and glaring this is just another scam and it is not in any way related to even the normal EOS project itself and I wonder how stupid the OP must have thought we are to be dishing out this bullshit to us.
42  Alternate cryptocurrencies / Altcoin Discussion / Re: Punishment for ICO scams! on: September 29, 2018, 01:34:02 PM
Most ICO scams use identifiers as well as fake addresses, so it is very difficult to find them to be punished. ICOs are not scam, they must comply with legal regulations in some areas.

at least we can take part in the ICO project which in that country must do a KYC especially for the teams that hold the ICO, to be safer and can guarantee that the ICO is official and has obtained permission from the government
KYC is not necessarily a guarantee that a project will not end up as a scam. Although as it is, KYC for the team or will I say in this case KYT(Know Your Team) is something that the likes of ICOBench has been doing on their platform to verify the team identity and make the investors more confident on at least investing in the project. Scammers on the other hand will never reveal their true identity as that is certain.

It is more like you going against the law and then pronouncing to the whole world your identity, and in that case, it would be like you trying out all means to find yourself locked up. The best thing is for people to try as much as possible to know how to avoid scam themselves.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: What to do with the Unsold Tokens? on: September 29, 2018, 12:39:32 PM
Many developers team keep unsold token and lock it for months or 1 years. Its not good investor because total supply still large and its profitable for developers team because when market start increase, they can dump it and can hurt the price
For a while now, just for the sake of increasing the value of the token in the long run while making it rare and as long as the demand for a crypto asset and its overall demand increases, obviously, the growing volume would help increase the value in the long run if the unsold tokens were burned.

Nonetheless, burning a token does not simply mean or make it a guarantee that the value of the remaining token will increase as that is simply always dictated anyway by supply and demand but for a demanded coin, burnt unsold tokens, would just make the available ones in supply to increase in value quickly.
44  Economy / Speculation / Re: Daily price analysis BTC + ALTCOINS on: September 29, 2018, 09:56:58 AM
if you can analyze bitcoin and altcoin it looks like you can determine what price movements will occur on the coin which means you will be able to determine the right time to buy and sell coins and can make you get a lot of profit.
It is important to study the prices of coins daily where you have investment because you will have to stick with it as long as you are holding. You will decide to sell according to this monitoring of price that will show increase and decrease in price, once you noticed jump in price then it is up to you if the profit satisfies your desire then you can sell it. On the other hand you can wait for some more time in order to get higher outcome.
45  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes you trust a new cryptocurrency? on: September 28, 2018, 12:45:08 PM
once the crypto hit the exchange, it totally legit, you can trust the crypto. how it take it on future, thats another story.
Cryptocurrency hitting an exchange does not make it less of a shit coin at the end. The thing a lot of people do not know is that it only takes some fee to get listed on an exchange and as long as you are able to also build some community around you.

There are so many shit coins in the market at the moment on every single exchange, so in that case, I wonder why you would want to look at the presence on an exchange as the factor you should be considering. What should be more important is the delivery of the team in the long term, and the availability of product as these are the major things that would bring about demand in the long run as well as make the value grow and the growth being sustainable.
46  Economy / Economics / Re: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025 on: September 28, 2018, 12:02:42 PM
Because we are all not sure if this predictions will come true in year 2025 or in the future there are two results that may happen to all hodlers of bitcoin who put their money 100% in it, either they will become a millionaire or become a homeless soon lol but I hope OP is correct.   

that is the risk when you invest, you dont know what will happen to your investment especially it will run for a couple of years it is good if you will became a millionaire by that year but also you should look the in the moment when you will have nothing to earn from your investment, 5000$ is a huge amount so people must think of it before putting in an investment that there are no assurance of having a positive profit.
Well, at the end of it all, it is always going to be a worthy risk to take anyway. Sure, we cannot tell what the future is going to hold and we are all just taking some calculated risk and making sure we still do not get burned if things do not go as planned, but there is always a handwriting on the wall for something with a future and I believe there is a great future for this market.

$5000 can only be a huge amount depending on what you have in your pocket. For so many people who are millionaires already, and have a lot to risk would not really see $5000 as a big deal, but for someone who only have that in his or her savings and decide to go all in, that would be the craziest thing anyone would ever do.
47  Alternate cryptocurrencies / Altcoin Discussion / Re: Strict rules in Bounties, is it needed? on: September 25, 2018, 11:46:52 AM
Ofcourse it is!

Nowadays, I notice most of bounties have strick rules, making bounties more organize and I like that Bounty Manager requesting Proof of Authentication to limit scammer .

It's been one of major mistakes of bounty hunter like me not to read rules and requirements of each bounties ending up not getting stakes so it's very important to read and understand each rules to ensure that we're doing the right thing and not wasting our time and effort.

I hope that all future bounty campaigns will use regulations requiring participants to carry out anti-money laundering processes and proof of post identity
People always tend to want to misbehave without rules and I am sure we have seen a whole lot of them over the years. I have sure seen those who keep using other people account just to increase the amount they have by cheating the system, or are we to talk about those who tend to register multiple accounts at the same time, or one way or the other trying some devilish means to make extra bucks. Without rules, some of these things will be very hard to curb and this is one reason why they are highly needed.
48  Economy / Trading Discussion / Re: Your greatest trading regret? on: September 22, 2018, 09:50:26 AM
I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case. 
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.

I dump my coins before due to a fake news that is the reason why i almost give up in this industry but still i work hard by promoting cryptocurrency and i earn a huge amount of profit.
Usually, my regret has always been with quickly selling a market and then it just gets to go up further. I over time learned from my mistakes and I always allow the market to usually take its cause without having to rush into anything at all.

The market will always be one step ahead, and once you allow it to be a step ahead; you will be better off in the long run when it comes to making decisions based on the market trend which is actually the best way to make decisions.
49  Economy / Trading Discussion / Re: The major reason why suicide traders don’t want to use stop loss – part 2 on: September 22, 2018, 07:33:42 AM
I think I should try to use stop-loss as well, I have never done it before and yes, have seen my capital dwindle. I am not sure what to do and how to go about it but I am going to try to take this advice into account and learn how to use a stop loss. I am learning more about tools and indicators right now and trading only coins that I would want to keep if I were dumped on for a long time, like Pundi x. I also like to do arbitrage trading where possible but the stop loss trigger hasn't become my friend just yet. Maybe it's time to start while we are in a bear market to practice using a stop loss.
If you have been a trader and you have never tried it before, then I wonder how you have been trading effectively, unless of course, you are the type that always looks into being patient and wait for it, or possibly buy more lowly.

Normally, there will always be supports and resistance and all a trader is looking for is a price action within this region and in that case, even if you see something convincing and things eventually go south, you should always know where to be placing your stop loss, which would be below the support so as to be able to buy at a much lower price.
50  Economy / Economics / Re: Bitcoin Deflation and Its' problems on: September 17, 2018, 10:58:31 AM
I like the blogs published by Bitmex. One of the awesome sources to gather knowledge around cryptocurrency.

In this blog they discuss problem and benefits of deflationary economics. https://blog.bitmex.com/bitcoin-economics-part-3/

To quote from this:
Quote
However, even if Bitcoin has solved this economic problem, perhaps it’s naive to think Bitcoin would result in a more prosperous economic system. Bitcoin is a new and unique system, which is likely to cause more economic problems, perhaps unexpected or new ones. After all there is no perfect money. It just may not be correct to apply the traditional economic problems of the past, to this new type of money. Although it may be more difficult, identifying Bitcoin’s potential economic problems may require more analysis and a stronger understanding of the underlying technology.

I agree that it's a new kind of monetary system and it would have it's own problem when it becomes well adapted. but economically speaking do we need this system adding to the complexity already existing financial system.

what really scares most of us is the unknown, in business, every move is feasible, it is true that bitcoin is new and a unique system, that makes it more dangerous for some newbies, the qoute is true and legit in way how it describe bitcoin, but it doesn't make bitcoin less of a machinery to improve the financial status of our economy. this quote is only a sort of an advisory for those interested investors to be cautious in jumping into crypto world.
Apparently, the fear of the unknown has always been one of the major challenges for anything new and most especially when it comes to technology as people cannot really tell what the adoption and the perception of the technology would be like in the long run, and how that is going to end up affecting certain things related to the development of the technology.

People right now tend to focus so much on holding due to the deflationary asset nature of bitcoin and then forgetting what the currency aspect is like. However, it is what it is and only time can really tell how this whole thing will eventually turns out.
51  Economy / Marketplace / Re: which youtubers are still a good credible source in the crypto community? on: September 15, 2018, 11:18:28 AM
I don't usually watch any youtuber or crypto influencer but with the search I did before the only person that's getting a good review from the mass is Andreas Antonopoulos.

Note: I haven't watched any of his videos but those reviews are positive regards to his opinions.
I even wonder why anyone would want to be watching You tubers making the call for them unless they just simply want to learn some strategies. I have never been a fan of this as I have always believed in the idea of doing it yourself right from the onset.

It is a good thing for some traders to share their opinions but the truth remains that the best way to trade a market is to be able to have your own opinion as well and be able to at least make certain decisions over time on your own, which I believe a lot of people are just too lazy to do.
52  Economy / Speculation / Re: What will be the maximum price of bitcoin in your opinion. on: September 15, 2018, 09:48:18 AM
I think Bitcoin will reach 1M+ and some pint. Will probably take a decade or two.
I can imagine what the market capitalization would be like at this point and probably we would have been tapped out by then based on circulating supply, probably, everything has been mined. Now, a decade or two is not something I would really want to say could be the case.

Sure, no one knows what the future brings, but it sounds a lot unrealistic to me. In a decade or two, I would be projecting something close to $500k though which still sounds a bit realistic but the truth is they are just guesses, as what would be will be.
53  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in ICO this time, yes or no? on: September 12, 2018, 12:53:45 PM
As a personal advise, NO. Just observed first and do more research before giving in to some ICO's. Its true that there are good projects, but there are majority of scam projects too. They just lure you to invests and once they gain profit, they abandone the project or no active development at all.
Investing in ICO does not actually have anything to do with season, so it is a question that simply has one answer. Invest in ICOs you trust and discard those you cannot. So, the question should always be, how one can trust if an ICO is good enough or not.

This is where due diligence comes in as you check out the team, the MVP or POC, and other technical details to give you an insight on the project at large. A well informed investor makes good decisions.
54  Economy / Trading Discussion / Re: Daily trading experience on: September 11, 2018, 01:20:42 PM
Initially doing it in the channel with other traders, teaches you a lot, and you'll become more experienced then you can start doing your own trading, but I prefer the feeling to be part of a trading community. It's just e personal preference.
Even if you want to join a channel to trade to get trading tips, it is always important for you to at least try as much as possible to know the important basics before even going ahead to weigh your options with tips.

In that case, you will still be knowledgeable enough to know if you are actually making a very good decision or not and be able to analyze that decision to your favor. You cannot do that without knowledge and following someone's idea point blank will never help you in the long run.
55  Economy / Speculation / Re: Bitcoin 6800 $, in a month $ 10,000, and after two $ 15,000. on: September 11, 2018, 12:50:13 PM
I think bitcoin prices are very difficult to predict. You have to be able to take advantage of the moment of bitcoin price movements to be able to benefit from bitcoin price movements.
The price of bitcoin and any market is not something any one can predict what the future holds for it and those who do that are simply stating what they wish, which could happen if they are lucky, but no smart investor will just want to simply depend on luck.

The market will always show signs it is ready to move up when it is ready, and how far it moves up will only be known when the trend eventually changes. Assuming for the future of a market is almost like trying to say you can see the future.
56  Economy / Economics / Re: Evolution of Money on: September 10, 2018, 09:57:29 AM
Its all about money, money is a necessity for all of us, and the growing age of money is changing, so we need to follow in every development, right?
Yeah! And money has always been changing form right from the onset, from trade by barter, to cowries, to papers, and now digital. Bitcoin or will I say cryptocurrency is the new level of evolution at this stage in time, and of course since it serves as both currency and can also be placed as an asset due to its deflationary features, I do not see why it would not be a huge necessity in the long run. I believe this would be totally taking out paper currency in the long run since even before now, cashless age already begun.
57  Economy / Speculation / Re: Do you regret it not selling at peaked on last jan 2018 ? on: September 10, 2018, 07:57:52 AM
I did not regret all my holding right now because I still believe that bitcoin's value will make a new path again it will be in stable price again or surpassed its huge price to $10k so that hope will insist in my mind until I earn a huge profit from it.
What is regretting even going to change in the first place? Nothing! Regret is only for losers and for what it is worth; this is a space that is evolving every single day with so much development coming up in the long term. If some people simply do not care to know that, then it is their own cup of tea.

I do not regret anything, sure I wish I had been able to learn all that is necessary about trading during that period, but it is never too late and it is a market, there will always be another opportunity in the long run.
58  Economy / Gambling discussion / Re: Is Gambling addiction a disease? on: September 08, 2018, 01:00:28 PM
I am not really a gambler but I heard about people who can't quit it and keep losing lots of money. Do you think the attitude to gambling addiction should be the same as to drug addiction?
Should the government forbid gambling and treat somehow those who are addicted?
Or maybe it should be left up to an adult? I mean, should people decide on their own whether they need to gamble or not.
What do you think?
It could be said that it was a disease, because if someone had fallen into gambling it would be difficult to take it off, and it had a bad effect of losing all the money,
At least it is not much different from drug addicts, too, and if you want to quit, it can only be done with its own and strong intentions
Diseases can easily be removed because you know you need a drug to get rid of it and be able to leave a better life. In this case, you know what you are up against. However, when it comes to gambling, it is even hard for the addict to realize he is lost in himself and into gambling, let alone know he needs help.

Most addicts usually could not just help it and no matter what, this is the reason they tend to keep going back even when they know things are not going right with their mental reasoning and that is more than a disease but a psychological disorder.
59  Economy / Economics / Re: [Discussion] Why Cryptocurrencies and blockchain needs to go mainstream ASAP on: September 06, 2018, 11:42:16 AM
We are living in the world of technologies which some of them are great some of then are broken and need to be improved .

But long story short this will be a true story why we need to fix this and everyone needs to start using it. So whoever is watching Mining Hardware channel videos knows that we are running and Online shop for mining hardware.

So this started to happened from about start of august 2018 , we had business as usual trough mineshop.eu website. Orders coming in and we shipping out the products, but after few days I noticed something strange most of the orders are under similar names going to one city in Sweden and ordering weird items like Antminer D3 which currently isn’t in big demand. Ok I thought maybe someone has some new x11 coin or has some kind of project , I didn’t pay a lot of attention on this. Until I received an email from PayPal which was used to pay for the goods about unauthorized transaction on product which was not shipped yet.


Ok so I called up paypal and asked what its all about , they said don’t worry if you have tracking number that you have shipped item , you are under seller protections. Ok I said that I haven’t shipped the item out yet, what should I do then. He said the easiest would be refund payment to him, which is what we did.

After this I decided to do some more research on these orders and I found similarity on orders , that all of them are ordered by same surname just different names. Ok I though it is very suspicious and went to check DHL Tracking numbers. And what I saw was that these mining rigs was all of them refused delivery and then picked up. So I got in contact with our account manager in DHL and he said that in Sweden they have these parcel motels, when currier can leave parcel and customer can come and pickup his parcel without needing him to show his id or anything.

As expected unauthorized transactions started to come in one by one. So of course I got on to paypal again , and this time their answer was you are not seller protected on these transactions. I said WTF , sorry for my language. Someone just ordered items worth 25 000 euro with stolen credit cards and you want to tell me its my fault . You are the safe payment gateway as you are advertising and you cannot catch people with stolen creditcard details (of course I know it is not possible if its been used first time for scam) . Anyway I still haven’t got any explanation why im not seller protected.

Hope to get this escalated this as soon as possible, as they say they will investigate this for another 80 days or so.

 

So this is the reason why im out there making this post, I want to reach out to you guys as many as possible, so you do not experience this if you are a seller of you using creditcards be careful don’t trust anyone.

And this is the one of the biggest issues we face in these days for digital payment methods , im not talking about cash which also has a lot of fraud and fake. #But today its about digital payments That using blockchain technology we can make them much more secure ( sellers and buyers ) can be protected more. There wont be such thing as stolen creditcard data , you would actually need wallet private keys to stole people money. Which I think its very hard to do, a lot harder then picture data written on people credit cards…ha

 

So please please share this guys with your friends, that there is such problems in current world. If everyone of us was was using blockchain transactions between each other the world would be much better place.

I know this is happening sooner or later, but I want you to be sooner. As there is also a lot of opportunities if you are sooner then later.

So please share this and we will get this to as many people possible.


Quite a crazy experience with PayPal and the buyers. Honestly, it is already getting glaring to so many people why blockchain technology is the future and would really remove all these unreliable third parties from the show most of the time. It might have some of its own disadvantages but in reality and when comparing to the present payment system, this is more like a freedom of payment becoming a reality.

It is a good thing you are sharing this with the community, and I personally gave up on PayPal a long time ago in terms of receiving payment as a seller as I cannot imagine tying down my funds for 80 days in the annoying excuse of not having some seller’s protection thereabout.
60  Economy / Gambling discussion / Re: Criteria of a good gambler on: September 06, 2018, 10:53:34 AM

Most of the gamblers are not succeeded in gambling because they do not play gambling with limit, they play with everything they have, even if they will make a lot of money but still they are not going to stop it for the time, they try to make more and more money from gambling which in last cause a big lost and nothing else.

I agree with you and this is a mistake that we did in gambling games and we should be aware to not make the same mistake. it is better to make a limit in the gambling game so we can avoid getting loss all of our money and we can leave the place with the money insides our pocket. maybe we can try our luck in the other day and who knows we can win the games with easily.
But in general, a good gambler can stop when they want and will have a limit and will never go beyond that limit. This took a lot of my time and money but I managed it in the end. I can play when I want and I can stop when I want, I can gamble for $50 for a whole day and if I set the limit at $50 then I will never gamble $51 not a single chance for that. I will stop and leave my computer before I go and bet another single cent over it.

If you can get that self discipline than you can become a good gambler as well. Keep calm, don't panic, do not get cocky and play it like its a "game" not like your whole will change in a second, it probably won't.
Very few people may have that ability to stop gambling whenever they want, but i have seen a lot of people who do not have any limit and having good control over their emotion, they continue to play gambling tell they lose everything they have.
That is because majority of the gamblers are doing it for profit, they want to be rich instantly without studying carefully their chance of winning.
We should look gambling in a small picture so we understand easily, they would not last until now and very profitable if they are not making money from us.
There is no point for any gambler to even be studying their chances of winning in any game. It is a game of luck and any gambler that does not already know that the chances of winning is far lesser than the chances of losing, then such a gambler is not ready to start facing reality and until he is able to, he might end up being an addict. A good gambler should know right from the onset this is just a game, which you can win or lose big, so be ready to accept the outcome.
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