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41  Economy / Gambling / Re: ✅ Cryptolot.cc ✅ The best most honest lottery game! Contest|Jackpot|Affiliates on: August 28, 2019, 07:25:57 AM
Indeed some of people are avoiding lottery because it's very difficult to get money from it so it's normal if other lottery site failed to get more players however i just quick jumped to the site and currently tickets sold only 4 tickets from 100 tickets total with the price of each ticket 10k satoshi but in my view to sell all of the tickets lately it's very difficult and i highly doubt 100 tickets will be sold out
I tried to play lottery about two months ago and I bought three tickets but all the three tickets end in loses. Actually, it is very difficult to win in gambling and the most important thing to do is to always take any money you put in the lottery as loses.  I prefer dices and games to the lottery because to some extent it seems fair. Most of the sites that claim to have a lottery system that is absolutely fair, are not fair and it is difficult for them to give that huge amount of money out if you eventually win.
42  Economy / Speculation / Re: Dan Pena - Bitcoin will go down to zero !!! on: August 28, 2019, 06:24:23 AM
Hy there guys ! Peace & Love to all of you !!!
I just heard Dan Pena saying that he knows 100% who's behind Bitcoin and that if you would knew you would run and sell !!! That if you knew who was behind Bitcoin you couldnt sleep at nigh !
Opinions !?!

S/COULD/SHOULD be important for the BTC World ?!?
This is a bullish signal? Whenever you started to hear all this high wide speculations you know that one big investors has miss buying bitcoin at the bottom and price is about creating another high. We should sell our bitcoin because it about to go down to zero (0)? Did you think you are talking to children? We are more advanced than you if you don’t know. Bitcoin will not follow what you have said because the past 0 predictions turned to $20,000.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: What is expected to be found by investors in the new IEO? on: August 27, 2019, 04:23:11 PM

It is very difficult to have a coin/token that goes up only, this is not in the world of crypto and I think it impossible but the best investment is IEO and sell immediately after go trading, often the price rises after a short period and then start to collapse.


It is not only in the world of crypto that price fluctuates but in other assets also. If you are trading forex you will find out that  USD/CHF fluctuates too and what create prices of an asset not to be stable is because of trading. Traders like to buy a coin/token in other to sell high and make profits from the different. You should not expect any IEO tokens to be stable because those holding it may like to trade it time to time. If you checked the IEO tokens at binance and latoken you will find out that almost all of them has lost it original values.
44  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LONG XRP/USD Prediction for 2020-2023 on: August 27, 2019, 03:10:12 PM
I have seen your prediction OP and it seems like i doubt if that will come true, have you seen how bad the fundamental of the ripple coin right now? Some accusations have come from the investors and it will be brought to the court.
Another bad news just like XRP was holding the majority of pre-mined coin and it's a lot of coins.
You should see that in the various time scale.
Maybe he/she (mean op) is not looking at the fundamentals side of the future of XRP and he is looking at what has happened in the past. XRP is really having a bad time!  Just imagine of it going down when bitcoin is going up and going down when bitcoin is going down! It means that it has not grow this year and it will keep doing that for a very long term. I did not see any favourable news that may change the current equation and in the next three years XRP may not cross it last year February high of $4.
45  Economy / Trading Discussion / Re: Defending against the accusation of gambling on: August 27, 2019, 12:13:53 PM
I don't know if many of you notice this, but a lot of people who simply don't understand trading or derivatives seem hell bent on taking away our right to trade, just like the current proposed UK ban. They are cheering on the regulators to ban everything. They think any leverage is gambling. How do you feel realizing these people want to take your livelihood away?
Gambling is quite different from trading and I don’t know why people keep promoting the ideas of leverage trading as a gambling. I have been trading for long and I can attest to the fact that trading is worthwhile and we can become professionals in it like other professions. I think we would need to educate the governments and other financial institutions concern how regulatory authority should see trade and gambling in other to stop this unnecessary banning of leverage trade.
46  Alternate cryptocurrencies / Altcoin Discussion / Re: Are You Still looking For New Coins When Bitcoin Dominance Hit 90% on: August 27, 2019, 06:31:53 AM
In this market, everything is cyclical. The hard dominance of bitcoin cannot last long. There will certainly be a period of relaxation of such dominance. In the future, I expect a gradual drop in the level of bitcoin capitalization, since other cryptocurrencies are developing faster than it and this is quite logical and logical. Therefore, it is already worth investing in promising altcoins, even though they are now little known.
At op has saying the truth and I do disagree with this your views. Bitcoin dominants is not going to be temporary. There is a psychological reason for bitcoin dominants to remain with us. Bitcoin represents the type of advance financial system people were looking for and every other coins are just following what bitcoin has done. It is very clear that people prefer having bitcoin than any other coins and some of this coins only become bullish when bitcoin is increasing in pricing . It means there cannot stand on there own.
47  Economy / Gambling discussion / Re: What is the difference between binary option and gambling? on: August 27, 2019, 05:46:09 AM
I think betting/gambling is an umbrella term covering a wide range of predictive games or activities. Binary option trading, sports betting, lottery and so many other things are all categorized under gambling so I don't think you can clearly strike a difference between the two you asked.
I think there is a wide range of different between gambling and binary options and many people that do trade binary options that I know don’t see themselves as a gamblers but traders. Some even referred to themselves as a forex traders or stocks traders! The rate of risk is another areas you should look at. In gambling you cannot have any strategy that will keep putting money in your pockets but binary options market can be a bit predictable and though it is risky but the risk is quite understandable.
48  Bitcoin / Bitcoin Discussion / Re: Anonymity VS tracing transactions. on: August 26, 2019, 04:52:19 PM
When I read Bitcoin white paper in 2015 I am happy for us to have a system that the transactions cannot be traced by tax official who is bend to collect tax and embezzled the same funds without taking care of the social amenities that will help the entire populace and as such I am in favor of anonymous or privacy. We should be able to transact with one another without governments involvement or bank involvement. However, criminal and criminality are hiding under this Anonymous to commit a crime against the populace that it should protect and as such government has to come in to secure people investments in crypto currency.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin (BTC) shows a huge drop. What’s the Reason? on: August 26, 2019, 04:18:04 PM
Bitcoin up and down is very normal and we should not be worried when seeing a drop of 1 to 5% as it is some things that happen often. I am a trader and the up and down of the price is what makes me money. I have been trying to explain this to people and to give this warning to people. If you know that you buy Bitcoin for the purpose of holding then there is no need to be concern about the little fluctuations of pricing and the only strategy you might needs is to buy or sell at the right time but as a trader it is a different thing and if you are a professional in trading you can buy or sell at any time and what puts money in your pocket is your skills, experience, patient, and knowledge.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: bad developers have tarnished ICO! on: August 26, 2019, 08:11:17 AM
that in the past ICO projects performed very well if they used ERC20 tokens or projects built on established platforms. because it has the potential to grow well and reduce risk when compared to creating new technology. but now on the contrary I don't see ICO functioning properly even though it's built on an existing platform like ERC20.
I will not blame the platform because the platform has been built in such a way, but I will blame the developer, Why? because most developers have misused this for crypto schemes to get rich and most project failures are based on the background of developers who do not have extensive knowledge and deliberately tarnish the ICO project's bad image.
Developers especially those that has intention to scam innocent investors bring bad name to bitcoin and other crypto currency including ethereum. Ethereum could have be the best platform because of people building their own tokens on it but people used that to raise money through ico but those projects happen to be scam. I have spend above $10,000 in 2017 and early 2018 through ico and it is one of the reasons why I have avoided ico's investment. I have friends that have also lose big in some projects and ico.
51  Bitcoin / Bitcoin Discussion / Re: The collapse of the system on: August 26, 2019, 07:41:25 AM
Good afternoon,

I would like to gather your opinions on the reaction of the cryptocurrency market in the face of a fall of the traditional financial system.

There are many signs showing that a new crisis is coming, it will be much more powerful than in 2008 and have a bigger impact.

How do you think the cryptocurrency market will react when the system collapses?

Thanks for sharing
The cryptocurrency market will definitely going to provide solutions to the crisis. Bitcoin is discovered to provide an alternative for a time like this and we are not going to have more problems than what we have now. I believe that in some years to come bitcoin will be above $200,000 or $100,000 as far as we keep using it as a store of values like gold and commodities. Investors will diversify their investments to bitcoin from stock market.
52  Economy / Trading Discussion / Re: Do you believe stolen funds should be returned to their owner? on: August 26, 2019, 06:32:31 AM
Over $4 billion has been stolen or laundered in the first six months of 2019! This interview with CipherTrace CEO Dave Jevans is really interesting regarding details of the lost and stolen funds.

I was surprised to see that ransomware and scams are some of the biggest points of money loss over exchange hacks.

Worth while interview to watch and join in the conversation of what should happen to stolen funds. Do you get them returned  or in a decentralized system are they lost forever?

https://blocktv.com/watch/2019-08-22/5d5ea9e847c19-scams-hacks-ransomware-run-amok-in-the-cryptosphere
I will not only agree that stolen funds should be returned but I recommend that it should be returned for the interest of Justice and fairness! Because we are having a decentralized system does not mean we should keep our fellow men in poverty by hacking or scamming them. The decentralized(blockchain) has made it difficult for stolen bitcoin and other coins that are being stolen to be recovered as most of this hackers or scammers do transfer the funds to mixers and from there it became difficult to trance.
53  Alternate cryptocurrencies / Speculation (Altcoins) / Re: China’s Digital Fiat is Not a Crypto ?? on: August 25, 2019, 06:40:03 PM
It's China for God's sake, they already abandoned Bitcoin and chooses a lot of altcoins. They have a hate relationship on Bitcoin since 2017. As regards for their Digital Fiat, obviously it's not crypto and it functions like Libra coin, fully centralise with government back-up. So that alone doesn't fit the definition of crypto in my book. But that is ok, we know where China is coming from, they won't allow their people to have full control and freedom from within that Bitcoin gives. So they have to find a way to satisfy the Chinese people but at the same time, gain back the control. And besides, we haven't seen a "crypto' that is back up by the government succeeded so I guess history will decide.
China staying away from crypto has really helped it developed. I could remember in 2016 when China were influencing the crypto market through attacked by people’s bank of China and when I did not hear much from them in 2017 bitcoin was able to get over $1000 and since then till now it has been in the uptrend. I am happy that we could survive without help from China and if China has decided to have their digits currency that will reduce the power of bitcoin, I don’t think also that it should be a concern to us as for long she has been against it and not today.
54  Economy / Gambling discussion / Re: What is the difference between binary option and gambling? on: August 25, 2019, 06:02:01 AM
You have answered so many questions you are trying to ask by yourself except that you want more contribution and the actually difference. The point is life is all having to do with risk. Whatever
business involves risk, whether physical or online. Therefore, gambling has no indicators while binary, forex, stock etc are involving indicators as guiding principle and they are mainly about the economy, so they are not the same with gambling.
I am not new to both binary options and gambling but just want to find out if what I am having in my mind is actually truth! Remember that binary options entails analysis and since is a bit of forex and stocks trading movements predictions it is not all about luck . You may have a good strategy or knowledge on both fundamentals and technical indicators that may makes you money. In gambling I have not see any such technique and since I have been gambling I completely depends on luck and risk.
55  Economy / Gambling discussion / Re: I don't know how to trust a gambling site nowadays! on: August 24, 2019, 08:44:34 PM
You can't control anything here like gambling site can really turn scam or hack so better to not use that then we have many trusted here

Then i think if they new only here in crypto then don't give your 100% trust to that another thing nowadays we really have many scammer because they can run easy money by that so better if their gambling site provide KYC
The best way not to be scam by fake gambling sites is to focus on those sites we have and trust has been developed on them here. I have been gambling with stake.com and bustadice for more than five months now and I have no any issues with withdrawing my earnings. The unverified gambling sites or those new one are to risky to invest through them and it is good to stay away from them.
56  Economy / Gambling discussion / What is the difference between binary option and gambling? on: August 24, 2019, 06:52:45 PM
I always measure gambling from the level of risk and reward and i do believe that, this is the reason why cryptocurrencies traders, binary option traders, and forex traders are been referred to as gamblers by those that did not know how there work, as it is possible to have your entire accounts wipe out if you take risk with all your funds and at the same time it is also possible to double or triple your funds by just small movement in you favour.
It is almost impossible to come out with profits in binary options and a lot of strategies are out there and I have tried many of them. One thing is very common and that is: the gambling companies keep making money and binary option websites owners are among millionaire in their countries. My question is that,  is binary options part of the gambling industry as it deals with betting?
57  Economy / Trading Discussion / Re: Advantages and Disadvantages of the Cryptocurrency Volatility on: August 24, 2019, 08:26:20 AM
The volatile is an added benefit to bitcoin and I think the major reason why bitcoin became popular in a short time is because of how volatile it is now and people can just buy few units of it and hold for few months and become millionaires in fiat.
I am a day trader and sometimes buying and holding some coins that I expect will grow. I have taken advantage of the volatility of the market to make profits by buying bitcoin low in exchange platform and sell high when it has appreciated.
58  Economy / Economics / Re: WHICH GROUP DO YOU BELONG HERE on: August 24, 2019, 05:51:14 AM
BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.

BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors.
I think bull or bear’s group means what you said and I will advise you change it to traders or investors! Bull are those that are interested of prices’ of assets keeps going up and the bears do complete opposite of what the bull does and they are only interested in the downward movement of price and this two force determines the state of assets(bitcoin) in a particular point in time. If your question is reframe based on the advice above then I will said I am a day trader.
59  Economy / Economics / Re: Trade war Influences on cryptocurrency on: August 23, 2019, 04:49:28 PM
The way I read about this trading war of America and china online and many analysts said " it is a win-win for bitcoin" and some positive news that keep coming into the market I was thinking that by now bitcoin should be above $30,000 by now but price or bitcoin seems not reacting to all those news and events. Maybe in some months to come, we would start to witness changes in things and the trade war will start to impact the market.
60  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Recessions make stores of value pump. Bitcoin dumped and that's alarming on: August 23, 2019, 03:50:25 PM
https://chainbulletin.com/global-recession-indicators-send-the-crypto-market-in-freefall/

How do we explain the fact that news of the upcoming crisis made bitcoin drop unlike other store of value?
Was it some hacker dumping tons like last time?
Or it BTC simply not considered a SoV by the general public.
If it is not, how do we convince them that it is? Do we change our approach?
Bitcoin market is currently very healthy and it is the spirit in us that want things to continuously been good that do make us to start looking for excuse why certain reactions happen in the market. Bitcoin corrections is not dumping and the current global recession has noting to do with bitcoin grow except on a positive level. To me bitcoin has outperformed its age and I could remember in 2016 when bitcoin market capital was below $3billion we see posts like bitcoin will not grow to $10billoin market cap but today bitcoin's marketcap is now above $200,000 in just two years.
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