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421  Economy / Economics / Re: harmonization of fiat and crypto on: October 30, 2018, 05:57:24 AM
We shouldn't by any means make fiat look inferior to crypto. Because is a traditional currency that has stood the test of time, though crypto also experiences a similar setback that was seen in fiats. I will rather prefer the harmonization of both in order to improve and stabilize the value of crypto and build a future financial system that would be accepted  by all.

I think it would be far to its possibility because we cannot have a centralized and decentralized currency in one country.And of course the government officials would not permit it to happen because having cryptos would mean transparency of all transactions.Maybe we can say that crypto can be a reserve currency in the future.
If I may ask, who said that is not possible? We are talking about coexistence here which is the possibility that I see in the long run and for the most part of it, the likelihood of the government of most countries, coming up with regulatory policies and then adopting and allowing the usage of cryptocurrency is something that will become a reality eventually as it is already becoming a reality.

I guess you have not heard about Japan or Malta, or more, you think they do not have their own centralized fiat system even while regulating and allowing cryptocurrency? One way or the other, we will basically have the two existing together.
422  Economy / Speculation / Re: Guess when the next bull market will start! on: October 29, 2018, 06:32:14 PM
I think it will be during late November and early December like last year. Now, I am a person who keeps saying just because last year there was an increase during late November early December it doesn't mean there will be one however everything went according to that right now and the price seems like ready to burst upside and make another run at the all time high price  and if that also happens for the other smaller crypto currencies as well there would be nothing in between 2 trillion dollar marketcap of crypto and today.

I think the prices doesn't do same thing every year however this year it was really looking like it was destined to go up like that at the same times, the sad part is if the price goes up like crazy this December too than everyone will sell all they have at the peak and won't get back until summer so they can get in cheap and expect the prices to go up next year too and would lose a lot of money if it doesn't happen which will hurt crypto world.
423  Economy / Speculation / Re: Crypto Market is healthy again! on: October 29, 2018, 05:12:41 PM
Becoming healthy again is the good thing about bitcoin, no matter which direction it is going that is caused by the free market and what people thinks. Do you think you have a big part to play in the value of dollar ? No the big companies makes sure of that and banks and insurance companies and the ones that keep lobbying the politicians or made their way into affecting the price and right now with the bitcoin there is no one that can actually affect bitcoin without putting up money for it.

Yeah, whales can affect the price and manipulate it but they can do it because they have to put up money for it, they can't just go ask satoshi to make bitcoin higher or they can't talk with the bitcoin development team and tell them to increase something that will help them or whatever. No, everyone has to put money where their mouth is and work for the profit.
424  Economy / Services / Re: OneHash Signature Campaign [open] on: October 29, 2018, 08:49:28 AM
I just checked the sheet with explorer :

@cluit might have got paid with another participant @upsidedown75's fund. i.e. cluit got 0.012 BTC and upsidedown75 did not get any payment but as per sheet he deserved 0.006 BTC for last week.

2. I will buy BTC and I will refund the 0.006 BTC. In this case, kindly get me an addy for refunding.
You may need to send 0.006 BTC to upsidedown75 if onehash approves (to solve all the hassles).
425  Economy / Economics / Re: current situation of cryptocurrency for 2018 on: October 27, 2018, 06:34:31 PM
As long as it is not going down I am fine with it. The reason why I believe bitcoin is strong is that we are still on the road to be much better than we used to be with every imaginable stat. From marketcap to price to user interest to more places to use bitcoin and all other kinds of stuff.

We are basically on the road to become one of the top currencies in the world behind dollar, euro, sterling and so forth, bitcoin has a potential to be used by more people than say Australian dollar is used for. This would really create a huge deal for us since we can literally go around the world spending only bitcoin and survive.

The true dream of a bitcoin person should not be that bitcoin could reach to $100k one day, I don't care about the price, the true dream should be and always been that we could potentially live only with bitcoin without needing fiat and honestly it looks like we are getting there sooner rather than later.
426  Economy / Economics / Re: The US dollar is gaining strength on: October 27, 2018, 05:17:10 PM
The only logical reason why US dollar is still have any value is the global usage of it. I mean the USA has not very much with it, of course it still tied to it a lot but the main focus shifted in the past 20-30 years into dollar being a global currency and not "Americas money".

Right now, from tourism to oil sector to anything you can think of even gold is calculated globally on "how much dollar one is" and that created the dollar into a big currency. Now if the world starts to accept Chinese yuan or European euro and so forth in the global trade stuff than the dollar would definitely lose value increasingly which would create a huge financial crisis in the USA and that could have a waving affect towards all their investments in other countries but it would probably be temporary.
427  Economy / Trading Discussion / Re: little note of trading bitcoin on: October 27, 2018, 04:24:01 PM
Last year when Bitcoin all the times high, all altcoin was follow it. And after BTC price overbought and turn in to bearish so all altcoin also down trend . So far mayor altcoin followed price action of Bitcoin, so we can predict when Bitcoin price going up and ATH later , any possibility the price of mayor altcoin also will follow Bitcoin.
Actually when bitcoin started its bull run, all the altcoins took the fall for it as a lot of traders and investors opted into bitcoin and bitcoin really got to gain a huge dominance in the market. It was when the trend was about to change and bitcoin consolidated for a while, that the altcoins picked up and started doing some pretty crazy bull run, before eventually the general market hit the state of a downtrend and here we are now.

Sometimes, it is just about studying the market, making bitcoin as the most indicators in decision making, looking at the price actions on the altcoins as well and all in all, you will be able to make better decisions.
428  Economy / Trading Discussion / Re: Too many exchanges? on: October 27, 2018, 12:42:20 PM
We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?



this can benefit trader by paying lesser transaction fee since new trading exchange usually offer less transaction fee to attract traders but the risk that traders may face is if this exchanges are secure and safe to use. I may suggest to trade only to most reputable crypto exchanges for you investment security.
Well, it depends. When Binance came into play with their transaction fees that really drove a lot of users away from bittrex pretty fast, I thought at least, bittrex will come out with their own incentives for traders that will make things a lot easier.

Still it seems they are so much in their comfort zone, which I still believe no matter what, they would still have considered it several times, but as we keep seeing more coming up with good fees, reputation, security, legitimacy, the likelihood of seeing old exchanges losing users and then trying to brace up to stay on top of their game will most definitely be there, which is why I believe that in anyway, competition is always going to be a good thing for us as the users.
429  Economy / Economics / Re: Recession in the Economy on: October 26, 2018, 10:20:38 AM
In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
Alternative solution is something you will have to find as an individual and it is either you want to be storing value in physical assets until the recession dies down which is what a lot of people normally do in most cases, and now that there is an alternative when it comes to digital assets, it should even make it a whole lot more interesting for a lot of people in the long run. Recession is something that can happen to any economy that cannot stand on its own, so one way or the other, the choice is yours as a citizen to know how to play your card well so you do not get affected.
430  Economy / Trading Discussion / Re: Day trade on: October 26, 2018, 09:45:43 AM
Has anyone found volatility in altcoins? I see the market very still and difficult to find opportunities for quick profits.
Which exchange do you use for this type of trade?
I moved my assets from Bittrex to binance, I didn't see any fun movements there.
binance beats the Bittrex trading volume, I think binance has a good movement for short-term trading or long-term trading.
Binance has been able to get such a huge volume as a result of its fee and since fee is one basic thing most day traders tend to look at, I would say it is one of the reasons why it has made binance the home of day traders.

There are so many coins with huge volatility daily, it is just to look for a coin you can be comfortable with, have a good strategy you can make use of, look out for price action as well as the usage of some indicators and make you decisions based on that. Day trading can be pretty much interesting if you know what you are doing, you just do not want to get caught in its fury when you are ignorant.
431  Economy / Speculation / Re: Q4 prediction for Bitcoin? Time to buy now? on: October 26, 2018, 08:05:02 AM
Bitcoin seems to be stabilizing around $6.5-6.6k. It has been like this for the last 3 months. It doesn't seem to be the same way it has been the past 3 years. Very curious to see what is going to happen in November and December.

Yes and more than a week later still around 6500 usd.. I have heard many of my friends not liking bitcoin because of the volatility. What volatility?  Grin
The same volatility some people are enjoying and hoping as well as wishing it would not even stop at all. That is always the thing, rather than some people to be seeing opportunities in something and learn how they can handle it, they tend to chicken out and stay away which is why we will keep having less rich people than poor people in the world.

It is not a bad time to buy if I am asked considering that a break out upward can be a bit good for anyone who is holding now, and even if we probably get a break downward, it would just be another moment to be buying up.
432  Economy / Speculation / Re: Bitcoin will go up like last year? on: October 26, 2018, 07:32:17 AM
What do you think? Bitcoin will grow like last year until it reaches about $ 20,000? Or fall below $ 10,000?

this kind of dip remind us the dip happened before, meaning the recovery takes a lot of time to rise again just like 2017 ATH, patience is a must. meaning dont just look at the drops and falls of bitcoin everyday, weeks and month. but look for the future profits that bitcoin will rise again just like last year (2017)
As much as I would not want to sound pessimistic, I would say people should not be so keen about waiting for the same experience like we had last year to this year. Sure, we might see some good movement upward as the case may be and the possibility of going back to test the previous ATH if we are lucky, but that is all I would expect the most and not just some bull run as some people are anticipating.

As it is now, all we just have to do is to be at least patient and wait for the moment to come, which hopefully, we will get to experience another good uptrend, but for now, we just have to chill.
433  Economy / Economics / Re: current situation of cryptocurrency for 2018 on: October 26, 2018, 07:02:13 AM
the expectation of growth is ruining bitcoin even more, because thus later those who hoped for it will leave the market

There's some chances that bitcoin can be global in future. The reason is bitcoin is highly volatile and grow more than Gold silver and other cryptocurrencies.
Bitcoin is already global as long as it is not only attributed to a single country alone. In most countries you will travel to now where a lot of people are exposed to the internet, you will most definitely get to hear something about bitcoin and cryptocurrency at large.

2018 has been a good year for accumulation, I believe a long term growth is coming, I am extremely bullish in the long term, I know that adoption will increase in coming years, and as far as I am concerned, those are the major things that actually matters to me the most. Now is an advantage to pick the dropped knife, and that is what I am pretty much going to be doing.
434  Economy / Economics / Re: Philippines starting to accept and adopt cryptocurrency. on: October 26, 2018, 06:27:57 AM
I hope that the other country in Asia will follow the Philippines to accept and adopt cryptocurrency and when this is happening, the cryptocurrency will grow fast in Asia country and it will go for the other country in the world. I think the world is ready to accept cryptocurrency and they cannot deny the existence of the cryptocurrency because cryptocurrency can give many benefits to their people and perhaps, the country will get some benefits too. I cannot wait to see the cryptocurrency accepted in all country Grin
Apart from China and few other countries, I do not think most Asian countries have problem with cryptocurrency. Japan was the main country to lead the forefront with regulation and acceptance, which is something that really went viral in the whole crypto sphere, considering that every other country may start using them as a case study in the long run when it comes to regulatory framework for

cryptocurrencies as well as the benefits they tend to derive from it in the long run. This move by Philippine government is a welcome development I must say, which would really be a great one for the citizens as well as the country itself.
435  Economy / Gambling discussion / Re: Gambling addiction becomes more popular with young people over time on: October 25, 2018, 12:54:09 PM
Because younger people are much exposed to negative things now compared before. Our culture is also different and the source of information can be acquire anywhere using different types of technology. With this, younger people has more advantage and gambling is the one they have learn through this.

It is true that most of today's addicted people are the young ones because we all know that the young ones are the one who are most exposed to todays negative things. Young ones are the one who spend their time playing games, playing outside and worst is playing gambling. They didn't think of the consequences they may take. I believe that parent's must be aware on this to help their children and guide them.
We all very much know that young people are very much addicted to gambling but we should first ask why young people are gambling in the first place, In my country lack of jobs have driven the youth to gambling and even underage kids are even gambling.
New generation is going on very wrong side. There is no brotherhood and humanity in today’s young people. They just need money and for that they want to choose the shortest way and online gambling provides then this opportunity. Mostly students play online games for gambling. Their elders do not know what are they doing in their rooms and this is wrong.
The thing is that most of the new generations now are not actually looking for a way they can work and earn but they are looking for an easy way out in which they can quickly be self-made without having to work hard for it, which is the reason why a lot of them being exposed to gambling at an early age finds it difficult to even know the right mindset to be having and the wrong mindset to be having when it comes to gambling, but they instead get so engrossed, that they let their mentality and the gambling impulses rule them.
436  Economy / Gambling discussion / Re: Do you find Success in Gambling? on: October 25, 2018, 12:21:10 PM
Success in gambling means? making money or getting happiness?

I think gambling is for happiness so whenever I am doing gambling I can feel the adrenaline which can be capable of making me in short term so yes I am getting happiness (success) from gambling.

Good question, there are two type of gamblers. Gamblers who are looking for adrenaline, fun, or entertaiment by spending their money and gamblers who are looking for money only. So success in gambling might be different based on the main purpose why they do gambling.
Of course more than 90% of gamblers are looking for money, only few percent who are looking for fun like you. So I believe the main idea of this thread is about "success in gambling = win much money".
I don’t agree with you. How a person can wins in sports betting all the times. What is your opponent doing? Does he loses every time and let you win every bet? It is not possible because I myself gamble mostly in sports betting. The chances of winning and losing are half. You can win or lose but there is no guarantee that you will win every bet.
As long as you cannot see what the future holds, everything you make in terms of prediction will only be attributed to luck. Even despite the fact that you can do analysis when it comes to sport betting, you are still choosing a winning team when it comes to how you feel before the match and in this case, tables can even turn most of the time, and in such case, you will just have to realize eventually that it is all about the luck and not what you know actually.

Finding success in gambling depends on whether you are looking for huge winning from gambling or whether you just want to have fun. The former is not easy to come by which is the reality and the latter is not actually that easy either unless you are disciplined enough, so at the end, success is dependent on the two variables mentioned.
437  Economy / Trading Discussion / Re: Will bitcoin reach $100,000 in two years? Bitcoin statistics and predictions on: October 25, 2018, 11:45:49 AM
I really hope that, from year to year there will be major changes, hopefully the predictions will not be wrong. Patiently waiting until next year
Are there actually any of us that won't hope for that? The market is something at this stage that we know is growing every year, and I will not be surprised to see it rise hugely in the next couple of years. One thing I have always noticed is that before the halving or after somehow.

We get to see some pretty huge movement to the moon, and since we will be experiencing the next halving in barely 2 years’ time, i would not doubt any possibility of seeing this happening. However, even if it does not, at some point I am sure, we will not even be seeing this point or trying to think there would be a possibility of every testing it again.
438  Economy / Trading Discussion / Re: Crypto Trading or Online betting? 2k Usd budget. on: October 25, 2018, 11:12:32 AM
Newbee here. Please guide me.

Which is more profitable in the long run, Crypto trading or online betting ?

Crypto trading! Buy and hold Smiley

I would go for XRP or XLM but always do your own research and buy what you believe in.
I would go for any of them. Both have enough potential to enhance earning. But if you are newbie, you need to have quick and sharp mind to make things happen.

You can earn in both the businesses which have been attention seekers of course. Since the market is very much prone to fluctuations, you might again need to wait till the recovery of a particular period which can enhance your earning ability. If not, do not get prey to panic decisions that incur you nothing but loss.
As long as you choose high volume coin and good developer, you will eventually be profitable.
The only thing that hinders in achieving your goal is when you panic and sell when the market is dumping, we have to be aware that not all the time
we will see an uptrend, the market has ups and downs, you should know where to position yourself.
Actually, the only thing that hinders you from achieving your goal when it comes to trading is lack of knowledge. There is no difference in online betting and trading when you do not have any trading knowledge and strategy, and it is when you are able to put this knowledge and strategy into good use that we can say there would be a huge difference.

I will not even consider online betting at any point, knowing this is just something that has to do with luck, but when it comes to trading, it is something that you can make a whole lot for yourself if you are able to fill yourself up with enough knowledge to be able to get something good out of it.
439  Economy / Economics / Re: If you had 10000$ on: October 25, 2018, 10:23:46 AM
If you had 10000$ where would you invest it?  I'm hoping for 10x in about 2 years, how would you personally split that money? There are so many altcoins that I dont know which to pick, I remember the top 5 altcoins from years ago and  now they are all gone, so should I only invest in  BTC end ETH or others like NEO, ADA and EOS?

10x in two years is just insane. I think in a normal situation this is just not possible unless to get a coin like Eth in 1$ and it goes to 1000$ in 2 years time  Grin  Such things do not happen again and again. Better first make your target realistic one and then work and plan for it.
It is not actually insane, at least, if you can utilize it for trading purposes as well. Ethereum for the mean time has been down by over 5x from its previous ATH.

The likelihood of still seeing it retesting that point is still there. Coupled with some potential altcoins as well as bitcoin that has been really down as well for a couple of months now and showing chances of possible growth, I will say it is indeed a good time to be putting money in this market for the long term. However, what I will advise is the OP not to be too focused on quick gains and look into the possibility in the long term.
440  Economy / Economics / Re: Binance about to offer Fiat-Crypto Trading. on: October 25, 2018, 09:46:16 AM
I think it will be good for because we have more option to make a profit and with fiat-crypto trading, we can try to get more money. I think I will try it later if I can see that the fiat-crypto trading can give me more chance to make more profit. But I don't want to try before I can research how to get the good price in that pair.
Even for the fact that Binance is one of the top exchanges we have so far, and for the fact that they have the highest volume; it is more or less a chance to be tending towards mainstream adoption when we get to see this become a reality.

I believe it will have some pretty good impact on the cryptocurrency space, give in room for more adoption, make it easy for those who want to get in to do so, and even when it comes to hedging one's fund as a result of the fluctuations in fiat, at least, this would make it easy as well. Binance is really going to be hitting it even bigger on this one.
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