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4481  Economy / Speculation / Re: Bitcoin Price to hit $400k a prediction by an analyst *face palm* on: April 20, 2020, 07:36:08 PM
I get that the author would imagine bitcoin went up before and could still do that yet again however he is not a financial savvy person obviously, doesn't know the difference of 100% increase from 100 dollars to 200 dollars versus 100% increase from 10k to 20k, let alone an increase to 400k which would be financially impossible right now when there is not even that much money available for investing anywhere let alone using it for bitcoin.

Even if all of USA that received 1200 dollars for free would use that to buy bitcoins, that wouldn't be enough to put bitcoin over 400k, we are talking about THAT much money. However an increase is likely, not to 400k obviously but over 10k looks like a big possibility for this year, so I can share the sentiment at least.
4482  Economy / Speculation / Re: Coins Rally After covid what will be%? on: April 20, 2020, 05:21:32 PM
The fact is that the coronavirus pandemic is already very badly affecting the economic condition of each country and markets.  And this is despite the fact that we have not yet reached the peak of the spread of the virus.  Based on this, I think that any situation on the cryptocurrency market can be predicted, but initially you need to understand what extent of the harm the pandemic will cause.
That is the thing about resistances and supports that people are forgetting to use properly. When there is nothing huge, no hype, no major movements going on, it is very very difficult to break those and even if they do it will be short lived and only until a price, which means you are not going to get something huge out of it, yet at least you could make a small profit from it, at the same time if you are ready for the big huge hype increase you could make a big increase.

So, what you can do (using a trading bot would probably help a lot) put up orders for both supports and resistances, for example if it goes beyond resistance, buy it, yet sell it 2% before the next resistance, means you move money from one resistance to another and profit, or support where sell under the support yet buy before the next support, gain more bitcoins that way.
4483  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to make Extra Money From Playing Blockchain Games on: April 20, 2020, 03:37:15 PM
I believe there is no games are available on this crypto space but only gambling. This is the reason I never listen to such topics even they are having any possible good suggestions on blockchain based games.

Basically, there is no revenue generation methods are available when you're simply playing games; this is the reason all the games are slowly turning into gambling because only with the type of business of gambling, they will be getting chances to make some revenue. I hate gambling for obvious reasons. Finally I need to warn people; I am sorry to mention here, anything which will be dealing on games or gambling (you may call whatever) cannot be providing easy chances for making extra money by playing with it. So, act at your responsibilities.
4484  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum going upwards brace yourself, and simply hodl now. on: April 20, 2020, 10:59:56 AM
That increase could be contributed to probably the testnet of 2.0 being live. I was expecting the development to be postponed because of the pandemic and everything coming to a halt for a while however now that I realize it maybe staying at home made them work harder because they were capable of being more focused on the development without really having to deal with anything else.

Of course this is just the testnet and we are going to see a lot of bugs and glitches with it and there will be a lot of troubles that will cause set back, that could even damage the price eventually when it is figured out but that is a long term better thing because with all the wrong things found there, it will lead to original being a lot more stronger adn increase the price even more.
4485  Economy / Gambling discussion / Re: List of Gambling Platforms. on: April 20, 2020, 07:21:26 AM
Honestly I'm having lots of idea for making this kind of list more efficient for the people who are newly entering into crypto gambling industry. Let us wait for how deeper OP will be going into this and based on that let us suggest them to make this topic more useful for this community in all possible ways.
Nothing could stop you from doing so, because even you will be creating a repeated topic for list of gambling houses when you will be adding more other information than what old such topics were missing, then this community will welcome you and your topic as well. So, you do not need to wait from without posting such topics. Go for it right away Smiley.

In service discussion board, people do post same kind of listing topics but with little modifications like 2020 list of campaign managers and also I have seen multiple list of topics for escrow providers. Yes, we love to see your ideas which are enabling to find a new gambling houses in efficient manner.
4486  Economy / Gambling discussion / Re: Crypto Online Gambling Charity Fundraiser for Covid-19 Donation on: April 20, 2020, 06:27:41 AM
Always freebitco.in is an edge higher than others, that is proved once again with their philanthropy. I am not sure how many other crypto gambling houses are working fund rising for current pandemic but most of them are too busy in adding new games or opening doors for investors so that may redeem the maximum lockdown will be released world wide.

I read there is an initiative to support the corporate and other service providers who contributed in terms of financial aids for the fight against covid19 and ignoring all other service providers and merchants. Why not we do the same here? Because, this must be an emergency situation for mankind, and if you cannot be generous right now then when?
4487  Economy / Gambling discussion / Re: Why we are not having more sites like freebitco.in[unique cases of freebitco.in] on: April 20, 2020, 05:38:15 AM
Their statistics are showing like so far they have paid out (or won by users) 208,000+ number of bitcoins which makes me think about like, is this house owned by Mr. Satoshi Nakamotto for the reason for spreading awareness on bitcoins (which is the basic functionality of faucets)?
Probably you have answered yourself. By considering the times of freebitco.in was launched and how they are doing till date, I also doubt wetsuit(the owner of freebitco.in) must be an early bitcoin miner and wants to spread awareness on bitcoin adoption. I mean this site does not need to be exactly from Mr. Satoshi but from others also but there could be some similarity between them, getting my point?

Lots of other rewards like daily interests for the balances and redeemable reward points.
Other houses are doing chat rains/email bonuses and many other sharing with their frequent players. Still, I need to agree freebitco.in is constantly doing such other rewards to each and everyone player (and even to just visitors).
4488  Economy / Gambling discussion / Re: 2020 NBA Season on: April 19, 2020, 04:46:55 PM
I haven't watched Fab Five before, I didn't even know those players were all at the same team neither, from even just the comments I just read about it, they basically changed the recruitment and rule processes in the NCAA world with how they were, I also really really love Webber so I will definitely be watching it for sure.

Plus, the last dance would be awesome as well, that is the last year they were all together and that was one hell of a great team, I know when you look at it at today's perspective and see them playing so slow you might think that game is changed and that team would be destroyed today but if they played a faster pace basketball with that talent, I believe they would be unstoppable, think of Jordan shooting 40+ times a game, that dude would average over 50 points a game.
4489  Economy / Speculation / Re: Is Bitcoin set to RISE into the Halving? on: April 19, 2020, 04:26:38 PM
Rising into halving and rising after halving are different things and I think bitcoin will rise into the halving but may not continue afterwards. Why do I think it will rise into the halving? Because, I see that people have been expecting this halving for the past year and those people have been buying into bitcoin for the whole past year and they are doing so even more right now since it is getting closer, they all think bitcoin price will go up so in their minds "if I think bitcoin will go up after halving, best time to buy is before the halving".

Why I think it will go down after halving? Because, these people all bought their bitcoin before the halving and who is there to buy afterwards? We do not have a reason to buy afterwards and that may cause a drop.
4490  Economy / Speculation / Re: My first experience of Bitcoin halving, I'm excited. on: April 19, 2020, 03:36:34 PM
When we are talking about increases many people forget that the higher you go the harder it gets to go up because every 1% requires a bit more money. So, moving from 1k to 2k is a 100% increase but doesn't require all that much money compared to moving from 9k to 10k because that requires a lot more money to go up (when you buy 1 bitcoin you are spending 9k this way compared to 1k) and that is a bit over 10% increase.

So, the big huge increases are not really all that possible anymore. I am not talking about going to 20k, hell not even 50k, but I am talking about people who are expecting to go to a million dollars are only kidding themselves, there is no way we can ever go to a price like that anytime soon, that is something that could happen over course of decades only.
4491  Alternate cryptocurrencies / Altcoin Discussion / Re: The Doom of the Stablecoin Industry? on: April 18, 2020, 05:22:23 PM
Normally, when we are talking about banks cooperating with governments to ban some crypto, I would 100% be behind crypto, I mean we are all here because we like crypto and how could we say we want governments to ban bitcoin for example, we wouldn't be able to do that and I personally would never want something like that and would be very much against it.

However in this precise scenario maybe the banks and the governments are right? Think about it, these people are creating fake digital currencies and they tell you that it worths 1 dollars each and you believe them, sometimes you can actually withdraw the money for it as well so it looks legit but how about we all try to sell our usdt all together at the same time and see how they bankrupt in a minute, they won't be able to pay them all because they do not have as much dollars to pay you as much as the tether they sold you. Which is why heavy regulations should definitely happen.
4492  Alternate cryptocurrencies / Altcoin Discussion / Re: Trying to keep life savings more secured on: April 18, 2020, 04:54:08 PM
Not that I have anything against coinomi or whatever that wallet is but I think blue is right, I mean we are talking about your life savings and doesn't matter how safe and secure you think a wallet is, it will never be enough, hell I do not trust BANKS with all of my life savings and spread it around, how the hell am I suppose to trust something that is literally one million times smaller (probably even more)?

If you want to have "some" money in some wallet you want to use, you can totally do that, but if you put in all of your money that would be quite wrong. And if you want to research more about the wallet itself, go check out reddit but only google "reddit coinomi" and you will see results that are not based neither, so you will see the truth there eventually.
4493  Economy / Trading Discussion / Re: Which is Best Trading or Freelancing? on: April 18, 2020, 04:24:41 PM
Different skills, different technicals and criteria in order to be consistent in freelancing or in trading. Both are good but you must focus on what is suitable for you, in order for you to find what is good for you; you can test both and find out what is more profitable. I'm a freelancer and also a trader but most of a time I'm a trader. I focus my time on it because it is where I generate huge amount of profit unlike freelancing is just my side hustle.

I think anyone can manage doing both because you know in Trading you dont actually earn on a daily basis and not every you will be able to win a trade. But if you're an expert day trader that's a different story.
My point is, you can manage both by investing in trading while you working at freelancing jobs with continues cash flow.
You could potentially consider trading as something close to freelancing as well if you really think hard enough. I know it is a bit of a stretch and you are not working for someone else usually you are working for yourself but the general term of trader is usually used for the people who do your deals on your behalf at the regular world, just a bit more personal in the crypto world. In wall street for example we have traders who we give money to and they use that to make more money right?

This means these people are freelancers working for commissions and that means they are not really doing it just for themselves. So a coder writes codes and gets paid, a designer designs and gets paid, and a trader trades and gets paid, which means we could potentially consider them as freelancers as well.
4494  Economy / Trading Discussion / Re: Brought Bitcoin in 2017 and sold in 2018 on: April 18, 2020, 03:41:29 PM
I'm sure there will be many unlucky people like you, but this is crypto, has risks. I think there is still hope because in 2020 there is still a long, coin that you hold can be sold and give you profit. I also bought a few coins at the time of the bullrun but I still believe that one day prices will rise again as in 2017.
Yes, the idea that you should own bitcoins because of what it stands for and not for profits is not something that is as quite common as the early days, it has became some sort of commodity that people are using nowadays and that is why I doubt anyone really uses bitcoin for the reason why it was created all that common. Don't get me wrong there are still people who work and earn bitcoin from their work and the same people who spend bitcoin for other stuff they might need with the money they earned as well, so there is no fiat going in between that earning and spending and purely a bitcoin life in their regular life.

But there is just too many things in life that requires fiat to this day, mainly your bills for example which is mostly fiat, and everyone still needs fiat. Which causes everyone to focus on getting more fiat instead of more bitcoin.
4495  Economy / Economics / Re: COVID-19 will pave the way for CBDCs on: April 17, 2020, 07:09:07 PM
Do you guys seriously think that CBDC somehow will become more like stablecoins? I mean there is no way they would turn into stablecoins at all, they will definitely be just the digital form of the fiat currency and that would be the end of it, it will not be some sort of coin or a token or anything that uses blockchain at all, it will definitely be just a fiat thing that is ones and zeroes on some bank and that's it, nothing more.

Literally the same thing as you having money at the bank and using their cards to spend your money, you think your money is there, everyone thinks the same, and more often than not you can actually go and withdraw all of your money, however when it comes down to everyone withdrawing all at the same time bank wouldn't be capable of giving that, which means money is mostly digital there as well.
4496  Economy / Economics / Re: China will rule world as economy king after crisis end? on: April 17, 2020, 06:29:33 PM
China is already the manufacturing part of the world, we are talking about a power that is unprecedented in any part of history before, a country that has a power not due to its military, not due to even its economy, nor due to its political genius. No they are actually one of the if not the strongest nations in the whole world all thanks to population willing to work for cheap while producing goods and since they are too many people when you work over half a billion people for only few dollars that still comes down to a lot of money in the end.

I believe there is still money to be made by the Chinese during and after this period. I don't know if they will be the "King", they are powerful economically but that's about it, what else they could even do? Just continue to be strong economically and that's it.
4497  Economy / Economics / Re: China’s second corona wave can it crush it’s economy? on: April 17, 2020, 05:41:09 PM
We gotta think bigger than this, Chinese economy collapsing would literally kill all the economies all over the world. I know many of you remember couple decades ago when the Chinese manufactured things were the cheap and horrible quality stuff however the world is not like that anymore.

I have a friend who makes board games and sells them and their company works with china, after all of this corona stuff happened there (they were the first so this was few months ago before the world situation happened) they started looking at other places and the best they could find was in Europe that was triple the price of Chinese version and not even as good quality as that. So, if china stops manufacturing, even just for one month, that would literally have deadly results for the world.
4498  Alternate cryptocurrencies / Altcoin Discussion / Re: Market Manipulation Or Not? on: April 16, 2020, 05:36:10 PM
Well, it is both manipulation and also not. That right there looks like a pump and dump or a misclick or maybe a faulty bot, there is just one time huge increase and fall very very quickly but that was it.

So, as you can see it wasn't really purely a manipulation because whoever increased it that much couldn't also profit from it since they couldn't buy from that level and also get rid of it at around those levels neither, would have killed all the momentum it had and would actually cost them money if they did it willingly so there is no way it was manipulation.

However it created some sort of buzz around it so it could have been for news reasons, cheap marketing, it used to be 41 satoshi before that and now its over 300 satoshi, which is really cool increase all by itself.
4499  Alternate cryptocurrencies / Altcoin Discussion / Re: Methods that fraudsters use to scam people on: April 16, 2020, 12:56:51 PM
There are so many methods of people that scam others that we can't really find a way to stop all of it, scammers will find a new way whenever they are faced with a good method that could stop them. Hence we are just forced to teach the regular people how to not get scammed which is actually a lot better method.

Figure out all the ways scammers do their scamming and prepare some sort of document that explains it and how they do it, show to people who are newer and may not know all the methods and you are basically saving one more victim before it happens. Otherwise if we let everyone learn it the hard way, scammers are going to find new gullible people to scam and continue to steal money from people, even if it means their old victims learn it, there will be new ones anyway.
4500  Bitcoin / Bitcoin Discussion / Re: CRYPTO NEWS:FBI Warns COVID-19 Scammers Are Targeting Crypto Holders. on: April 16, 2020, 11:56:23 AM
I was already expecting things like this to start happening , because I know for sure that there are people who will decide to use this opportunity as a means to start reaping others off their hard earned money. These thieves do not have a single human empathy in them, so they are always ready to do whatever they want just to make that money.

It is up to us to be very careful. If you're the type of person that has enough money and you're looking for ways to support others by making donations and whatsoever, it shouldn't be a difficult thing to do. There are already lots of organizations that are well known, you can make donations through them. We have the World Health Organization, Red Cross, Save a Child and UNICEF. They are well known and you can visit their social platforms to get links to their websites.
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