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421  Economy / Speculation / Re: $ 5,800 is the lowest threshold for Bitcoin in 2018! on: August 29, 2018, 06:00:23 PM
For now , that can be specified from the bitcoin price chart on Bitfinex available on Bitcoinwisdom. Bitcoin prices have fallen between $ 5,800 and $ 6,500 several times in 2018 but has never lower than 5800$ before it reachs 5800$ last year.
Source: https://blogtienao.com/5-800-usd-la-nguong-ho-tro-quan-trong-nhat-cho-bitcoin-trong-nam-2018/
This is what people are forgetting about bitcoin. They keep talking about how in 2017 bitcoin was $20k and all that and in 2018 we never reached those $20k levels but people are forgetting that bitcoin was $750 back in 2017 at one point (guess February or so?) and than it reached to $20k, in 2018 it never went below $5.8k levels and maybe it didn't reached $20k but the average is still in our favor because we also never went down to $750 dollar levels of 2017 neither.

Only the reason of we didn't hit the ATH doesn't mean that we are in a good price range, look at the price right now, its $7k, that is more than what it was on 2017 for a big margin, the only time it was more than that on 2017 was late November.
422  Economy / Gambling discussion / Re: Win-win bets strategy in roulette on: August 29, 2018, 04:10:11 PM
This strategy might work at the beginning but we all know that sooner or later you will face successive losses. So it won't work in the long run. I really don't know your obsessions about roulette, its a pure luck based game and no amount of strategy will give you profits if you don't control your emotions. I mean you should stop while you are still on the green side.
Using gambling strategy works like nemesis! One way or the other, it would just end up catching up with you.
Gambling entirely is total luck and nothing different which makes me wonder why anyone would so much in their right mind think with some strategy, they can get to start hitting it big from gambling.

Also, it would even be hard for anyone to control their emotions when the reality that is attached to gambling starts kicking in, which is why some get so comfortable relying on strategy until they lose everything. Strategy is just a reason to console ourselves to stick within gambling at right direction but in practical no strategy works for us unlike how they do seem while figuring out in papers.
423  Economy / Gambling / Re: Casino Affiliate Programs on: August 29, 2018, 03:34:48 PM
It is a great idea to collect them all in one place but you should not also forget to add a trust rating. Now I know stake has 20% and that is great but I see other casinos with higher omissions on the earnings however the point stands that if one casino is a lot more shady and the other is more trustworthy than getting 20% from stake is a lot better than getting 50% from some shady looking website.

I know you can't provide with some objective info about how a website is more trustworthy than others because there is no such indicator that shows which one is more trustworthy with facts however you can try to find at least some stuff like operation time and since when they have provided with affiliate and such.
424  Economy / Gambling discussion / Re: Why martingale is PURE SHIT. on: August 28, 2018, 04:07:44 PM
Martingale is proved to not work in the long run. Even when it worked it needed a huge initial bankroll together with no betting limits , and this thing was common in offline casinos until people started to abuse it and that is when betting limits came into play to make Martingale void and a not working strategy.

If you are thinking to apply it to an online casino, it didn't work since the beginning. An online casino is electronically controlled and that means even if you play 100 reds it may come out as 100 blacks. This is something which has less than 0 chance of probability in real life but in real life the bookies made this strategy to void itself.

Even if you say that this strategy only makes you win your initial bet, there were people in different casinos who only kept playing this until the won and they start over to win again. That was the number one reason why offline casinos have put betting limits.
Actually, there is no strategy at all that has proven to work perfectly well in the long run without failing at some point. I have always seen strategies as just a way for you to elongate your game and at least have a way of going about managing the funds you are gambling with rather than being too greedy, losing everything quickly and still end up not having any fun.

Nevertheless, at the end of it all, it still balls down to one single thing, and that is losing. Even those who manage to get lucky and win big usually end up gambling it all away out of greed anyway. This may sound like contradicting myself like how a lucky person will lose all. That is the thing where human blame and makes a mathematical formula shit. We cannot prove a mathematical thing wrong still we cannot use that for making profits hence we need to analyze where is the actual thing which went wrong. One is greed and another thing is practical limitation while gambling.
425  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Speculation - Spectrecoin (XSPEC) on: August 28, 2018, 03:33:00 PM
Spectrecoin has been quietly going about their business lately. The project had its problems early in the year but has since recoverd. Mandicas return and a new team has completely turned this project around. The team has been very active on github lately which is a great sign. Yesterday Spectrecoin hard forked to V.2. They have just released a new website as well as a new roadmap. Exciting times ahead for Spectrecoin.
Don’t forget the white paper as well  Cool
Yes guys, for the last month a lot of positive news from the project.
I think the price increase was waiting for confirmation of the work and now we see the V2 network, white paper and many other things.
Hence, we expect a price increase.
Very positive I must say and the hype has been somehow scary though in a positive way which I believe if the market should end up recovering hugely for altcoins, this may cause this coin to skyrocket hugely. A lot of things have been revamped and that shows some solid prospect for this project. I would definitely be considering this and for a project that had its share of issues and still trying to come back stronger, simply shows some level of enthusiasm to do a great work by the team and that makes it worth investing.

It is actually very interesting after looking at the way the devs have been able to work their way through all the challenges for a while and still come out strong and with the fork, and the way everything has been rebuilt, I guess this would speak well for the value in the long run. I wish it could be listed on a better exchange than where it is currently listed though.
I have already contacted devs for pushing them toward listing into top exchanges because that is the main reason why it is not gathering enough attention from most of altcoin community. I believe devs will decide the good which are leading the coin to more reputation in coming days.
426  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $1800 to invest on alt coins on: August 28, 2018, 12:29:22 PM
1. Waves - fastest and most scalable blockchain in the world. Real business oriented

2. Neblio - ETH with 8 programming languages. 2018 top 10 breakthrough

3. SpectreCoin
Spectrecoin is really beginning to gain some pretty huge momentum when it comes to huge profit potentially.
I might have to read more about this myself. I am always a fan of waves as their platform for tokens and their inbuilt exchange will become a hit one day or other for sure.

Nevertheless, I would say, what is important is to make sure you are making proper research on any coin that is being invested in and seeing if there is an available product for it or not, as this kind of market tends to do well and better in the long run. Waves, has been a good option as well for me, but has been slightly slow in short term growth, but still very much enthusiastic about it.
427  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining or Trading which one is safe? on: August 28, 2018, 11:54:34 AM
it dificult to say, a think it depends of quantityof moneys you use for activity with crypto. when you buy one card for mining or trade with 500$ it is safe for you heath. otherwise when you have several farms or trade with 1000000$.
well, it all depends on personal expertise. For me, Minning is safer, because we only need to pay attention to the tools, and other things that need to be considered. while for trading, the risk may be a little bigger, especially if we don't know how to find information about the coins we will use.
Yes, knowledge is everywhere and available to those who are ready to learn. Mining and trading both requires knowledge but one thing with mining is that you should consider doing it for the long run, as you will be tying down capital anyway which is what makes it different entirely from trading. I do hear mining of some altcoins is profitable but I am not sure how long it will be profitable hence never trying them out.

For trading, you can get into a market, exit at some good profit or stop loss as the case may be and still be able to get your capital back in the long run. Whichever way, it depends on what each person is comfortable with. Trading though comes with a lot of risk, but that does not mean mining does not also come with some risks as well.

Overall, mining and trading are good and income generation ways only for the people who are all set to do them in the prescribed way. Now a days I do see many people are into POS and Masternode setting up but not sure how is their earning and ROI.
428  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Are you still using MEW? on: August 28, 2018, 11:23:03 AM
From various sources, MyEtherWallet (MEW) are not under development and maintenance any more. Even its founders has confirmed that they are switching to develop a new platform called mycrypto and encourage everybody to move there property to there.
But IMO, MEW or mycrypto is just a gateway to access your real wallet in the blockchain, so, both of them are still fine event MEW is not maintained anymore, right?
Maintained or not, the fact that you have full control of your wallet is all that counts and even if the devs peradventure decides to revamp the wallet for additional securities, you can decide to just simply move to using it instead of MEW in that essence.

Nevertheless, you can always access your wallet and some of the tokens as well anytime as long as you have your private key most especially and you are able to secure it. I still use MEW though to transfer tokens and I have never had any problem with it, though I utilize it with Metamask for safety precautions. I am still planning up to use offline version of MEW but my time is not allowing that to set up yet.
429  Economy / Economics / Re: Which form of investment has highest ROI? on: August 28, 2018, 10:44:44 AM
We knows that the crypto currency investment can give us lot of profits even in short time but this is very new there are lot of invesments like real estate,gold,mutual funds silent partner in businesses and lot more but what you think which has highest ROI in short term other than crypto invesments.

My opinion is that real estate can be that one,since my grandfather used to be like buying and selling the lands and made tons of money in his life time but I didn't do that such kind of traditional invetment.
In crypto alone or in general ?
I have always been a firm believer that real estate is one of the best investments out there.
You can buy a empty (or already rented which is better) shop or place of work and just rent it out, you will both earn from the rent and the value of the place will go only upwards since the value of fiat decreases so the value of objects goes up.

Hence, if I could do any sort of investment that is big enough to be considered a real estate investment type of big value, I would definitely select it over any other methods of investment. Banks knows this so they are trying to make a decent return on mortgage interests to at least get a piece of the pie on real estate investments.
430  Economy / Economics / Re: Can a deflationary currency really work? on: August 27, 2018, 04:45:30 PM
What are the incentives to spend your money if it always goes up in value?
Does this not stunt economic growth?
The purpose of bitcoin was not to create a deflationary currency tho. The "value" you put on it via dollar is what you made up on your mind and everyone collectively agrees to a price that is ok with them for bitcoin.

However, it wasn't suppose to be "5 dollars worth of bitcoin for a cup of coffee", it was suppose to be "x amount satoshi for coffee" without the fiat tied to it so we could just remove the fiat from our life and use bitcoin as a means to transaction. There was this matrix post probably everyone knows that neo says to morpheus "will I be able to sell my bitcoins for millions one day ?" and morpheus says "I am saying you won't have to". That was the logic. Making bitcoin a deflationary currency is our addition to it.
431  Economy / Trading Discussion / Re: What are the Best Coins to Buy? on: August 27, 2018, 04:14:18 PM
Most of altcoins are down with this market. So many experts and news say BITCOIN will go up in this year end. I think if Bitcoin goes up, other alternative coins are going up. So is my point true, What are the best coins to buy with this low prices.. Or Isn't this the time for buy coins?
Bnb is at a great place right now. Between having an actual usable place for trading on one of the biggest if not the biggest exchanges in the world with some of them getting burnt by the company time to time and not having any mining as well, bnb really has a special place for me and I believe it will just go on and exist as long as binance exists and definitely make a lot of money to people who keep holding it. Nano is another one I believe to be special. They have perfected the transaction methods and they do instant (by instant I mean really, less than a second type instant) transactions for ZERO fee. So that will have a place as well. Rest is still bitcoin and ethereum because I love them.
432  Economy / Trading Discussion / Re: Can you make money when the market drops? on: August 26, 2018, 04:30:17 PM
The clearest choice everyone has mentioned is the short futures and bitmex like places where you can bet on bitcoin price going down. However I think that may not be the only way to make money on a market drop, certainly it is the easiest way of making money considering you can even leverage the price so basically you are making more than you put up even when bitcoin prices is going down thanks to leverages.

Moreover, you should be careful because the higher the leverage is the lower the margin will be and if you bet bitcoin to go down and it goes up even a bit on a high leverage than your money will be liquidated. So, when you are trading on leveraged margin trading just be careful for the liquidation prices.
433  Economy / Speculation / Re: what's dragging the bitcoin price down? on: August 26, 2018, 03:53:43 PM
What's dragging the bitcoin price down?
How do you think?
I think it is beyond the dragging price thing, I think it is at a level where bitcoin is not kept under-priced and low by someone, I think it has been so long since the last big bull run that the price just got stuck here and instead of someone keeping it low it became more like someone needs to push it upwards.

Hence, instead of looking to blame whales for the price being so low and them keeping the bitcoin price low we should also check out how much transactions happens on exchanges and how little volume got and how the buy and sell is balanced and the price requires people to get in and buy in a rush for bitcoin to go up but no one buys like that anymore so it is kinda our fault instead of others.
434  Economy / Speculation / Re: Why has the Bitcoin cost risen so quick over the most recent 3 weeks? on: August 26, 2018, 02:31:44 PM
Why has the bitcoin cost risen so quick over the most recent three weeks? It's difficult to state without a doubt since bitcoin is so unpredictable. According to you, what is the main reason for the sudden rise in the Bitcoin price?
There was a huge expectation by the crypto community about the ETF approval or rejection. People have been waiting for months now for another rise in the price, it has been 8 months since we got into this bear run and we are still considerably away from the ATH for not just bitcoin but for all the crypto out there, people are waiting for something to change that.

ETF has been that thing where people believe if ETF got accepted than the huge big bull run of crypto will come back and fix all of this bear run and make a profit finally after months of well basically nothing. Hence I think there was so much hype that it kinda indirectly effected bitcoin as well.
435  Economy / Speculation / Re: When to buy Bitcoin. The price of the coin exceeded $ 6500 on: August 26, 2018, 01:56:06 PM

Over the past six days, the Crypto-currency has risen in price by 8%. Today, its rate may decrease, says CoinDesk analyst Omkar Godboul
On Monday, August 20, the average market rate of Bitcoin rose above $ 6500, after which it declined. Now the Crypto currency is trading at $ 6,480, August 14, its price was $ 5,980, over the past six days it has risen 8%. At the same time, the total capitalization of the industry grew by $ 27 billion.

According to the expert CoinDesk Omkara Godboula, in the near future the price of bitcoin should remain above the $ 6320 zone, otherwise the rate will again fall to the level of $ 6000. Then, the Crypto currency may fall to $ 5859 and $ 5755.

On the other hand, if the coin value can rise above $ 6595, it will reach the $ 7000 zone. Bitcoin will begin to recover gradually if it can consolidate above $ 7067. In the near future this is less likely than a negative scenario.
It is still at a very low price compared to what it can achieve as we already saw. Bitcoin has potential to go way beyond $20k and still stay around those prices for a long time, its just a matter of time before another huge bull run happens. The prices of bitcoin was around 900 dollars last year and than went to 20k, there is still a chance that bitcoin goes above $20k and closer to $30k from $6k levels. So i think buying even now is great chance at the dip.

People bought bitcoin when it was $20k thinking bitcoin will be going to $100k or whatever and now they are sad they purchased so high but when you tell people to buy at the dip so they can cash out when bull comes again they are afraid, than they watch the bull run sadly and try to get in too late and hope they can make profit.
436  Economy / Economics / Re: Crypto chip sales plummet on: August 26, 2018, 12:50:56 PM
I agree with the gent that said nvidia is not the only source of gpu mining and this doesn't really change all that much on gpu mining space for the long run but to be honest I think it just shows how deep we are in this prices, even miners who generally mine for future profits (because the prices are usually low when they mine and they wait a bit before they sell) and just cash out their costs and keep the rest to sell at a later date when bitcoin goes up, they obviously are not seeing a bigger future for the short term hence the drop at the sales.

Hence, I think the easiest assumption we can do is at least at the short term we may not see a great spike at the price of the altcoins we all know, not at least trhu miner pushing.
437  Economy / Economics / Re: how to save money? on: August 25, 2018, 05:23:56 PM
My story from being well of (comparatively speaking for my old self) started when bitcoin started to rise last year, I was working with a company and I was making decent money enough to actually live alright but I was also saving bitcoin, I made a lot of profits from the rise of bitcoin and had insane income for a whole year, however I spent every single cent of it to get something nice for myself or have fun or whatever silly thing I was doing, the only thing left from those times is my insanely good laptop. Than bitcoin dropped, I started to live alright once again, however this time I know I have to save some money aside and doing that, I just don't spend money on useless silly stuff that will be gone and just become a memory.
438  Economy / Gambling discussion / Re: Did the use of online gambling increase with crypto moneys? on: August 25, 2018, 04:10:54 PM
We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?
I think so. I mean there are some overlaps for sure, some people who gambled with regular fiat currency also started to move to crypto currency to gamble, that is for sure however I think people like me who never gambled with fiat currency in their life also started to gamble thanks to bitcoin (because of bitcoin? Cheesy ) Hence I think even tho there is an overlap between the two types, the number increased considerably because of people like me.

Not sure the number is too big to actually make a dent in casino business because they are making billions of dollars each year but places like primedice has been around forever and have been making a bank without any brick and mortar place, just a website.
439  Economy / Marketplace / Re: your own factors behind an investment on: August 24, 2018, 06:02:37 PM
of course a good investor will first do its own research (whitepaper, roadmap and etc), besides that what is your biggest motivation?
By reading the subject line of this topic, I assumed you are talking about general investments but after reading the open-post, I come to know you ahve narrowed down your question only about ICOs or altcoins. Why it is so ? I mean you people must understand that the investment opportunities from this crypt-world is truly unlimited but many people think it is only ICO way of investment opportunity.

My own factors for choosing a coin/token to consider them to invest are, availability of major exchanges, daily trading volume, all time high prices and current prices. After the recent downfall of whole crypto markets, I make my research based on these criteria and found few coins and I read/started few topics to get opinion from this community. This is my double confirmation way of choosing a right coin. and I always invest for long term holding hence I choose with more care.
440  Economy / Speculation / Re: Why is Bitcoin Crashing? on: August 24, 2018, 03:50:12 PM
Bitcoin is no longer crashing, the crash happened months ago, what we are seeing right now are corrections, sometimes the price goes up or down but not much of interest is happening right now, the only ones keeping an eye on the market are traders and speculators, everyone should be concentrating instead on trying to get as many bitcoins as possible.
It is not currently getting crashing out but probably OP is asking about why it has fallen from $20,000 to current price levels. First of all we all must understand that the price rally of $10k to $20k which happened in less than 30 days of November 2017, was just a bubble which got burst out in 2018. Just accept the fact of, the realistic value bitcoin may have in 2018 is around $10k. Now tell me bitcoin got crashed out ? No, a pull back from $10k to $6k is very much normal in bitcoin markets as it is always known for heavy volatility.

When $10k is the reasonable price level by the year 2018, we can expect people to book profits which is obviously taking the market to fall down unless otherwise there will be any supporting positive news is happening. Always the down market is heavily driven by FUDs and uncertainty hence new investors will opt to stay away which will lead to deeper falls.

This is the actual things happening in bitcoin markets hence it is not crashing out but still trading at reasonable levels from what momentum it got from the year 2017. Probably levels like $8000 to $9500 (in down market side) or $10500 to $12500 (in up market conditions) must be the right things by August 2018 but we are into $6500 levels which may be considered as crash but actually it is not. It is just a heavy sell-off state due to FUDs and profit-booking by whales.
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