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4041  Alternate cryptocurrencies / Altcoin Discussion / Re: Dead Coins on: August 30, 2021, 08:58:31 PM
Do you hold any dead coins?

'Dead Coins refer to cryptocurrencies that have been abandoned, used as scam, their website is down, has no nodes, has wallet issues, doesn't have social updates, has low volume or developers have walked away from the project.'

How should we manage dead coins?
Holding dead coins are a fact of crypto world, I can't even name how many of them I have, the biggest hurt is the fact that I had a ton of Clams back in the day and now they worth nearly nothing, it is 5 bucks each but I bought it when bitcoin was tiny and now they worthy nothing compared to what I would have made if I hold it as bitcoin.

In any case I had so much more, the overall would have been so much more, it is really sad to think about all the bad investments I made over the years on stuff that I believed would do better but didn't. However I am quite happy that the bigger stuff like btc and eth made me more money than all the losts combined and then some (advantages of being early bird) and that is why I am quite happy about it, could have been worse overall if I didn't made those investments too. Some coins just die, no reason to dwell on it.
4042  Economy / Economics / Re: Bullish? Bankers Issue ‘Seismic’ Warning: crypto could replace USD in 5 years on: August 30, 2021, 07:45:20 PM
I put a question mark in the title because I don't trust the banks, and I don't know if this is a way of telling the public authorities to put more restrictions on cryptocurrencies. Or I don't know if it is a way of surrendering to the evidence, and in the same way that for many years they ignored Bitocoin and cryptocurrencies, but now they are going to offer custody services, etc., they now recognize that this is unstoppable.
I do not think that bitcoin would ever replace fiat, it is not just not possible, bitcoin is pegged to USD and that is why it can't do that. The reality is that we are already using bitcoin a lot to move money around, someone from USA sending bitcoins to someone in Pakistan for the work they did etc etc is still being done and has been a thing for a long time, but USD is much more than that, USD is not a way to send money away to other nations, it is not just an international money transfer method, do not consider dollars like that, that's paypal that you are thinking about, bitcoin is taking over paypal type of business and all will be gone in the future because of bitcoin but that's it.

Fiat is way too important to give up, especially in a nation, international it may change but within the nation it will always keep its power because of the governments.
4043  Economy / Economics / Re: Cuba the next country to accept cryptocurrencies? on: August 30, 2021, 05:09:53 PM
the news is overflowing in the net at the moment ... cuba is supposed to be the next country after el salvador to accept Bitcoin and other cryptocurrencies as an official legal tender.
I do not get why people are getting so excited about nations "accepting" crypto, as long as they allow it and do not ban it then it is fine for me. Like for example USA did not ban crypto, they put some regulations of course but they didn't ban it, and that is a much much bigger thing then what El Salvador did for example. Don't get me wrong on paper taking bitcoin as legal tender is a bigger thing then letting people use crypto and do not ban it, those are two very different things however USA is so huge that even them letting is a bigger deal than 10 nations like El Salvador accepting bitcoin as legal tender.

This is why I believe that we are in a situation where accepting cryptocurrencies is not a big problem, just let people be and do not ban it and we will be fine, especially for those huge nations, hell china banning miners were even a bigger problem.
4044  Economy / Speculation / Re: BTC approaches resistance on: August 29, 2021, 09:00:21 PM
Bitcoin price has managed to touch the current $50k level. if the trend continues to increase, Bitcoin has a chance to touch a new resistance level near $60,000. I'm sure the price of bitcoin will again reach new ATH later this year especially since the market is very bullish right now.
That shows the strength of the resistance at $50K is very strong, it is also a psychological level, a pullback by the price will break it provided the bullish volatility of the price is sustained, however once the resistance is eventually broken the price will pullback and the resistance turned support will trigger the price to reach $60K based on Price Action provided that their is no price manipulation by the whales which is usually synonymous with price dump, recall the recent blackmail of Bitcoin by Elon Musk consequently which resulted to the last price crashed.
I do not care if it is a problem or not that we can't break 50k just yet and it looks like a resistance for now. The reality is that we do not really have to deal with anything, we do not have to deal with the 50k problem right now, it is a not problem for me at all. You know why? Last time we want to go over 50k, it was so easy and we broke over it so easily and became like 58k very soon afterwards, it wasn't a problem at all, why? Because when you are in an obvious bull run, you end up making a lot of ground and go higher and higher a lot easier than right now.

We are having a bit of problem right now, but that doesn't change the fact that we do not have to have that problem later on in the world neither. So we just need to wait, wait for that moment when we go over 50k like it is nothing and that is how we will make a lot of money.
4045  Alternate cryptocurrencies / Altcoin Discussion / Re: Hoping to see a bitcointalk token sooner on: August 29, 2021, 05:38:31 PM
I didn't expect the forum to create a new altcoin because Bitcoin is a coin created by satoshi.
https://bitcointalk.org/index.php?action=profile;u=3
Seems like you knew I was going to say bitcoin already and that’s why you said that. But I’m still going to say that: having a token for the bitcointalk.org forum will be unnecessary, since this forum was created solely for bitcoin at first, before they later decided to have other subsections that are dedicated to altcoins. So, bitcoin itself is already like the token/coin for this forum, and yes not everyone can afford to buy one bitcoin, but there is no law that says you must buy one bitcoin, you can buy it in fractions, depending on how much you have and still make profit from it.

And I don’t know what services you’re talking about, there are lots of altcoins that are fast for transactions and cheap, that you can use for whatever services you want to use them for (Tron is a good example, and there are many others).
4046  Economy / Speculation / Re: Bitcoin = 100k by December on: August 29, 2021, 05:05:13 PM
Can Bitcoin Still Make 100k by December?  Huh
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can
I can’t tell you that for sure. I have seen some people make mention of this, that bitcoin will reach $100,000 but they don’t really show anything to actually prove it, it’s based off an assumption or should I say speculation, which is a normal thing with the cryptocurrency market. The market has slowed down a bit after reaching around $60,000 mark. It dropped to below $40,000 and luckily it didn’t go further and now we are back up again and as I write this we are getting close to $50,000. We have just few months before December, if it’s going to continue this slow, then I don’t think we are getting to that $100,000 price this year.
4047  Economy / Economics / Re: Bullish? Bankers Issue ‘Seismic’ Warning: crypto could replace USD in 5 years on: August 29, 2021, 04:01:44 PM
One thing's for sure though, they (cryptocurrencies) have shaken the foundation of money as we know it, hence even why bankers are thinking of making the switch into cryptocurrencies. It will take a while before we see crypto being issued on banks, but I think it is the way forward for our society. Also, I don't think this is a sign that bitcoin or any other decentralized crypto will take over, it's just that crypto will just be prevalent in our society and there is a possibility that bank-issued cryptos will arise.
I believe that we are in a situation where it is totally possible to actually have a cryptocurrency world, where a person can live with only crypto without ever living with anything else.

Right now, that is handled by exchanges that have cards as well, it is not a credit card, it is a debit card that you can use with your crypto, so you have 10k+ dollars in your exchange account? You spend 20 bucks on a meal somewhere but have zero dollars on your exchange account? That's fine, it cashes out 20 bucks worth of bitcoin from your account and pays it, that way you are always at 100% crypto without ever going to fiat and can pay for everything with it.

This is why I think the world is getting a lot closer to full-time crypto, and this will hurt fiat a lot, think about everyone trying to sell and get out of fiat world, that will devalue fiat a ton more, and that is good for us because crypto will be worth a ton more as well.
4048  Economy / Economics / Re: Enjoy communism (II): Venezuela to cut 6 zeros from its currency on: August 28, 2021, 08:33:21 PM
I am going to update this thread, so that it is not forgotten, because a parallel thread has appeared wanting to deny the obvious, and saying that hyperinflation in Venezuela has nothing to do with Communism.
The incompetent government in Venezuela is certainly partly to blame. But not exclusively. Venezuela has a long and troubled history due largely to its oil wealth. Communist states are a bad idea, but they don't tend to arise out of nowhere; they are a misguided attempt to fix the failures of the preceding system. I think it's overly simplistic to blame everything on the Red Menace. Reality tends to be coloured more in shades of grey.
That is exactly the part that capitalists always want to ignore. Communist regime in Venezuela lived for so many years, under Chavez they still had problems, not this much and they were handling well enough but it was not this bad, same goes for Cuba these days, Castro managed to make things a little bit more calm there, they might be behind the world in many things like cars, technology and entertainment but they all lived a healthy life with shelter and food for decades (after a huge trouble when revolution happened, it took a while to get there) but when Castro died, so did Cuban dream as well and now it sucks.

However, nobody talks about the fact that the puppets USA installed before these revolutions literally sold the nation, all the oils and everything were sold, given to American companies, and in return they were given trinkets, tiny fractions of what it worths. Which is why neither is good, a proper democracy what these nations need, not an American capitalist puppet, not a communist dictator, a democratic proper nation needs to be built.
4049  Economy / Economics / Re: The reason to hodl bitcoin on: August 28, 2021, 06:08:40 PM
They might have bitcoins at his moment if there belief shifts that bitcoin is good for hodling or in terms of investment but I still believe many doubt up till now knowing bitcoin drop hard last month and that incident can strengthen the beliefs of bitcoin doubters and haters that its not good to have bitcoin since the risk is so high. That's why this asset is not for all since only few of us can handle the volatility and we are lucky that we hold it and have patience for any possibilities that will happen on it since we can see the result that we really earn even if the volatility is so high.
I do believe that every time bitcoin drops there will be some people who go "aha! told you!" and you need to ignore them. Look at the crypto situation right now, we are talking about how much money is being made by so many people, and got made in the past, if you keep on investing and waiting long enough then you are going to make profit from bitcoin and most other major altcoins as well. It is just unfair to compare bitcoin in short term cases when you are talking about long term investment.

If I invested in any time aside from last 2-3 months, I would have made money by now, yes we had a fall now, but if you are a "long" term investor then you are looking at it in years, if I invested last year I would have made money, year before that would be higher, year before that even higher and goes on like that, so every year it made more money, and every year it could make more.
4050  Economy / Economics / Re: Amazon's future plans on: August 28, 2021, 02:19:07 PM
I think people in the Crypto space should not get too excited about this rumor. Amazon will take one of the following options...

1. Accepting Crypto currencies via Payment processors - Simply because the regulatory framework is not in place to accept Bitcoin or any other Crypto token as a "currency" - This is just a clever way to bypass regulations and to say they still deal in Fiat currencies.

2. They will create their own token - If they get regulatory approval to accept Crypto as a currency, then they will create their own token that they can manipulate. (Full KYC Requirements and control over the development and Supply of the tokens)
Both of those options are valid and nice options and I would gladly accept them over the ignoring it completely they are doing right now. I mean think about it, bitcoin is a thing that we all use and like, and it is growing by the day, there are more and more people who like bitcoin and will continue to like bitcoin, how could we say that bitcoin is not going to be awesome in the future? It means that there will be a day when amazon needs to do something about it, and with the blockchain engineer applications they are getting right now, it is obvious that they are working on it.

All of this comes down to the fact that one day they will do something about it, could be accepting bitcoin directly, could be creating their own amazon token, in any case it is definitely a great one and I would love to see it happen, even if it is just an "amazon token" because a 1+ trillion-dollar company starting their own token is still awesome for us.
4051  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: August 27, 2021, 08:16:34 PM
I really hope we can finally see a proper Verstappen-Hamilton battle that lasts the whole race. Mercedes brought an upgrade a couple of races ago, but because of the two crashes, we've not yet seen how their new pace compares with Verstappen in a Red Bull. Fingers crossed they are equally matched and we can see some exciting racing for the rest of the season. If they are equally matched, or close, then the second driver for each team comes into it as a tactical angle. How will the contract uncertainty around Bottas affect his driving? Does he have everything to prove, or is the decision already made?
In any case, Bottas ' career does not end with staying at Mercedes, and Mercedes may well contribute to the further employment of the Finnish driver in another team, if the cooperation within Mercedes is not extended. In any case, Toto Wolff said that the time has come to decide who will be in the team for next year, to meet Valtteri Bottas and George Russell at Spa and talk to them face to face. Therefore, in the very near future, this issue will be clarified and it seems that not the most successful results of Bottas this season make Russell the main contender for a place in the new season and it is unlikely that even the success of Bottas at Spa will greatly prevent this.
Mercedes doesn't seem to be giving it all, which is always what they do on the practice runs, whereas Max still races, of course we all know how many seconds they will gain, ALL cars will gain, it is just practice and nobody wants to give up how fast they could go, but while someone shaves of 1-2 seconds, others may do 3-4 seconds and Lewis is at that level right now, I can see 3+ seconds faster on his fastest lap during the race compared to his fastest on FP1 for example.

This race will be wildly important, either Lewis takes the lead by a big margin thanks to 2 horrible race unluckiness by Max (three if you count Baku but Lewis was off at that one too) or Max finally makes this more fun once again. It is definitely going to be one of the most entertaining races of the season, I just hope nobody crashes, I want the top of the board to finish the races without any bumps on the road.
4052  Alternate cryptocurrencies / Altcoin Discussion / Re: will there be a miracle of bitcoin to shift conventional currencies on: August 27, 2021, 06:34:27 PM
The way I think about Bitcoin is that it sets the precedence for digital currency, which of course, shifts away from conventional currencies.

It may not be BTC itself to act as a currency that the globe can use daily due to its limited supply and not being enough to go around, but something based on blockchain technology might be more likely.

I don't feel qualified to comment on which current alts this might be as I think we don't have the scalability required on any of the existing coins/chains, but definitely this momentum will trickle into a major digital currency adoption.
Looking at how bitcoin is getting higher and higher adoption every single year, I would doubt that it would be something other than bitcoin that takes the digital currency crown and dethrown the fiat currencies, which is why I think it is quite obvious that we would all be using bitcoin in the future for many things. I am not saying that fiat will be gone, I am sure that will be still available, but instead of being fiat pegged to gold a century ago, we will have bitcoin pegged to dollar in the future and we will all use it.

So, it is not going to be that difficult, it is going to be common and we will definitely live to see it as well it is not going to be too distant in the future. I hope that everyone gets to realize this will be the case before it happens, so that we could profit from it before it happens and get rich.
4053  Economy / Economics / Re: Only young and naive guy believe in high risk high return on: August 26, 2021, 03:01:21 PM
There is a wrong assumption being made by the OP. He feels that it is the young people who make mistakes for most part in the cryptocurrency sector. However, I have to say that the reality is very different. Look at various Ponzi schemes which involved cryptocurrency, such as OneCoin and PlusToken. Most of those who lost their money were middle-aged or elderly. I would say that OP should remove the "young" word from the title. Inexperienced users are more likely to make mistakes, and it doesn't matter whether they are young or old.
I agree and that's quite the right interpretation of the current situation. Young people are obviously more energetic and hence more attracted towards flashy investments but that doesn't mean young people are the only ones losing money to such schemes. I am not sure about what age group people lost money in the gigantic PlusToken scam but they were all inexperienced and naive because no Ponzi can pay you forever.

what's the best way to get high returns without taking risk?
The easiest or the least risky way of making the highest amount of money is to recognize your strengths because a dog trying to climb a tree will never succeed no matter how hard he works. A monkey on the other hand would do the same thing without any guidance or experience because that's what suits him and he's good at.
4054  Economy / Gambling / Re: [Table] Withdrawal Fees and Withdrawal Amounts on Crypto Casinos on: August 26, 2021, 05:11:21 AM
you can add new betting website BTC365.com information with stats for Withdrawal Fees and Withdrawal Amounts.
According to them there are no withdrawal fees like for Sportsbet and Fortunejack, and minimum withdrawal amount is 1 mBTC that is something I can confirm.
That's quite amazing. They are impressing me with every passing day actually. First, they clearly said there will be no need for KYC and now they are not charging withdrawal fees just like sportsbet, really cool vibes. I second that they deserve a spot on OP.

It would be really good to see more casinos offering variable withdrawal fees imho - some people don't want instant confirmations and would rather save on fees. It's the player's money so they should be able to decide what they want to do with it.
Really well said. There should be an option for players to choose the priority they need on the withdrawal to confirm. I guess not a lot of gamblers are aware of all the fees system so not all casinos want to put such an option but it will really help small gamblers.
4055  Alternate cryptocurrencies / Speculation (Altcoins) / Re: AND YET ANOTHER FALL; A dip or A dump. on: August 25, 2021, 02:40:37 PM
A few years ago we were talking about the very bright future of cryptocurrencies. We are in those days right now Smiley
The number of people holding it will continue to increase day by day. I do not hesitate to say that we are currently in the bull for altcoins, although it will not be long, we may see the green in the markets for another month or two
And even then this is just the beginning there is still a lot more to come and the best part is that the only thing that people need to do to be part of that growth is to simply hold their coins, they can trade their coins if they want but that is not really necessary since they are talking a risk that most people cannot afford to take, and even more importantly is how little time it took to reach this point, it only took bitcoin a little bit more than a decade to reach it which tell us of the incredible potential that bitcoin still has ahead of it during the next decade.
[/quote]
Patience is a thing that people should not be really worried about. It is literally doing NOTHING, how could people be really worried about doing nothing, it is not even patience really, it is just... not being addicted or something, and yes there are some people who are addicted to crypto and feel like doing something about crypto every day, no idea why but there are some.

It doesn't have to be trading, it doesn't have to be anything, it is just simply doing something in the crypto world, even if it is just tweeting about it. This is why I believe that we should definitely be doing "nothing", that's it. I would literally do nothing all day everyday if given chance, I really miss doing nothing, I used to do nothing for days, nowadays I rarely ever do nothing. Patience is overrated, it is simply just passing of time without you do ever interfering or having any power over it anyway.
4056  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what is ETH and BNB Prediction on: August 25, 2021, 01:42:08 PM
Cardano team is also active with their project. Recently they have updated their network and Cardano will accept smart contracts on their blockchain. This is the reason for ADA to get the price boost. Anyway, ETH and BNB both coins are old. They are popular with their smart contracts platform too. They are not going to loss their popularity. And both of them have the potential to reach at higher price point in the future. But it will take long time to reach that point which has been mentioned by OP.
Cardano team has always been very very involved with their project, they have done that a lot of the time and I believe that they will continue to do that for a long time as well. The problem with it is that all the improvements they did over the years, all the codes they wrote didn't turn out to change anything for them.

Nowadays everyone believes that they are doing something and something special as well, and that is great, many people made a profit, but I am warning people to realize that not much changed for ADA in the past month or so, sure it went up in price but the code is not really that different. Which is why I believe it is definitely going to be a bit weird when people realize that ADA is a highly developed, high tech... nothing. And that will cause the price to plummet just like how XRP did and many others before that.
4057  Alternate cryptocurrencies / Altcoin Discussion / Re: Undervalued Coins on: August 25, 2021, 05:21:17 AM
According to us, seeing the XLM price movement on the chart, it is possible that it will reach a price of 2$, but we must also pay attention to the movement of investors who will enter as well as how many invest in the XLM, so we can imagine that if a lot of investments come in, the XLM price will also rise. in the market
Do you represent a group or something? I am asking because you used the words like "us" and "we" which to me sounds like you are a group or company. If you do represent a group that may be predicts and/or analyzes the coins, would love to know more about it.

I could write down dozens of such "undervalued" coins, but the truth is that these coins are very unlikely to recover. Cryptocurrencies such as XLM went down, because more technologically advanced cryptocurrencies took it's place.
I agree and it's hard to predict the growth of good projects right now because as soon as a good one arrives in the market, there are others who start finding problems in the current project and provide a better version of it.

It's best to just invest in the known coins because the coins sitting on top on CMC will hardly lose their value anytime soon.
4058  Economy / Gambling / Re: Trustdice.win 🎲 | Bitcoin Casino 🎰 | Sports Betting ⚽🏀🏈 on: August 24, 2021, 12:24:42 PM
Referral commissions, faucets. The latter is possible for all compared to the former.
Yeah, you got it! A good way to make some money is to join our Referral Program, which offers up to 60% in Revenue Share: https://trustdice.win/affiliate. In regards to TXT, it can be very profitable, we recommend players to hold it since we pay daily dividends based on the amount they locked.
I don't remember when I last saw a casino offering affiliates such amazing shares from the profits. A 60% from the overall loss must be one of the biggest revenue shares right now in the entire crypto gambling industry.

There are some casinos offering such perks to big affiliates but from what I can see on the link you shared, everyone who refers players earn from 30% up to 60% from their referrals loss.

Just a small question to clear my doubts; Does this 60% comes from the net loss or the wagered made by the player? Like 60% of the house edge on net wagered or the net loss.
4059  Economy / Gambling discussion / Re: UK 20% of the gambling venues are located at the poorest part of the country on: August 24, 2021, 08:41:25 AM
According to a new report that was published 21% of the gambling venues are located at the poorest areas while only 2% are located on the wealthiest parts of the country, this is being used as evidence the poor are being targeted, but this could just be evidence that it is cheaper to rent at those places and the gambling outlets prefer to go there to save on rent, or that maybe those that are the wealthiest prefer to gamble online instead of taking their time to go to one of those places and as such there is no reason to set up shop on their neighborhood.
Here you are talking about 20% which must be not that significant compared to the rest of 80% gambling venues, right? When I first start reading this, 20% at poorest part means what about the percentage of wealthiest people's regions. Does that survey have anything in-between poor and wealthy category? When one category (poor) part is having 20% then it seems to me like a normal thing regardless of what other parts are doing (overall, I feel like there should be some error on this study or this study should be talking about uniform distribution of gambling houses among rich and poor parts of UK but definitely not about targeting poor, it seems).
4060  Economy / Speculation / Re: People are panic buying right now! on: August 24, 2021, 06:53:55 AM
Haha when i created this thread bitcoin was only $45,000 and now it's surpassed $50,000. People are panicking to able buy bitcoin under $50,000 and in the end of year we would see $100,000
It's kind of funny that people panic and pull down the price of coins they hold themselves and now they are being a victim of the price hype and buying something for a higher price than they usually should have bought at. I can't comment if the price is good enough to buy or sell but as an investor, we must not panic once the market crashes slightly because us selling only makes the crash worst.

Since the bull market is going on, there must be panic buying. However, there is no doubt that BTC will set another new record. The market is getting better and better. Panic buying or selling both are prohibited but strategy is yours,how you are applying it.
I hope we see a new ATH and even 100k before the end of this year but the point I am trying to make is that people should have some patience. Either we buy because of the FOMO or we sell because of the panic.
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