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461  Local / Press & News from India / Re: Reserve Bank VS BTC on: July 04, 2020, 01:23:09 PM
I was reading an article where it states that crypto mobile apps are rising in the country after the SC lifted the ban on crypto. So I guess they would have benefited a lot during this lockdown as many people were locked at home and would have tried this out to make some money. Though their are many challenges ahead after the recent Indian Ministry finance has proposed a ban.
462  Economy / Trading Discussion / Re: Trading is based on probability. on: July 04, 2020, 08:23:44 AM
trading can not be separated from the probability...
each trader makes a decision from deep analysis and then produces a probability, and every decision to sell, buy, or hodl will greatly affect the assets of the trader. many people think trading is not much different from gambling but they don't understand that gambling is a guess that requires luck to win.

Trading cannot be compared to gambling because of many reasons. Though in trading as well we do require luck as well because at times after being buying/selling something and later on some news comes you may miss out by just seconds and that decision can go wrong based on the news which appeared later. But surely trading required lot of knowledge, understating of the market situation, analysis and based on technical and fundamental people would be trading it.

463  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DENT COIN....????? on: July 04, 2020, 08:18:30 AM
Buying a horse could be a worthy thing but buying a dead horse doesn't make sense that is how your decision looks like.Why you want to buy that coin when it is doing pretty bad in the recent days? I don't think that coin can able to recover from that hit and also there is a debate that project team itself dumped their token to make huge profits.



Not really heard about this coin much and surely if this is not looking a good for the future potential it would be better to skip and do makes investment in the good better known coins when the markets dips so that you ensure that during the bull run you end up making money rather than holding some coin which does not rises only and could just end up being dumped.
464  Economy / Gambling / Re: 🃏🎲💃 Ego Casino - Rocking your Gambling experience 💃🎲🃏 on: July 03, 2020, 01:47:04 PM
do you think those bonuses/free spins is more than enough to attract players on your site? why not try sig campaign in the forum? i noticed that not many users here are posting on your thread.

The signature could be a good idea at this point of time considering the lockdown still exists many places or normal routine has not begun and in this space to acquire the more users it would be beneficial to reach to many people at different places and signature could just be one of them an easy spot to grab.
465  Economy / Speculation / Re: Will a BTC bull market begin in July? on: July 03, 2020, 12:10:42 PM
3 days have passed, and there are no signs yet. it looks like we have a moon full of calm. Yeah, this is better than a dump. it's just, I still hope the price increase at the beginning of this month. Well, maybe the price movement will be seen next week.

Nothing is guaranteed as it is highly volatile market and this crypto itself can either rise or false thousands of dollars in the day. We have seen in past how it has risen or fallen in just one single day and can recover quickly as well. But somehow it has continue holding 9k levels then only we can see some rise in coming time.
466  Alternate cryptocurrencies / Altcoin Discussion / Re: The return of ICOs on: July 03, 2020, 08:43:54 AM
Roll Eyes Roll Eyes Not in any project's wildest dream. The days where crypto investors were easily deceived by whitepapers are no more. If any group of people feels they have something better to offer the crypto industry they should build it with their own money to a stage before seeking external help to bring it on a large scale.

People now have become least interested or say not many think about investing in the any of the new projects now though they may show some very good future or so because in past people have experienced or seen how the money had being got wiped off or got scammed by investing in such projects. So now mostly even I preferred to invest once they are on exchange or near about that time.
467  Economy / Economics / Re: Some Strategies to Face the Next Crisis on: July 02, 2020, 04:40:47 PM
One thing I have learnt during this time is that one should have backup ready so that not depending on a single income itself. Something financially, one should be doing various things so that in some way or other you can become financially strong. Also saving is important thing now and cutting the credit cards bills in coming years will be important thing.
468  Alternate cryptocurrencies / Altcoin Discussion / Re: Just because it's called a shitcoin doesn't mean it really is on: July 02, 2020, 02:20:13 PM
yes, people's perspective always leads to shitcoin when new coins (in particular) appear then the expected profit rate of investment does not match expectations. actually it takes a process, especially to increase market cap numbers, so prices can also be pumped up. and that can't happen in a short time.

People have got lured by the percentage profit or say because of the greediness or lack of knowledge had invested in some projects which has yield them heavy losses or say they have lost their money in such coins. Though not everything is a shit coin because some of the coins  have done really well and people who stayed invested have made good amount of money as well.
469  Economy / Gambling discussion / Re: Vietnam bursts an illegal casino who used to handle bets worth $3 billions on: July 01, 2020, 05:57:33 PM
More reason why gamblers must be careful about the platform they gamble, doing a little research will definitely help not to give out your hard earned money to fraudsters. Believe me, many have been victim of this gambling casino before the police bursted them. For any gambling casino to think of ways in which they can extort gamblers means they are not reputable. Good that the police bursted them, probably for them to register the casino.

Of course, this was to happen sooner or later.
However, there are too many white spots in history, such large volumes are very often associated with money laundering from criminal activities, especially from drug trafficking.

Officials are often involved in such matters, even here, I am sure, could not have done without them, in the case of online.
The main question is what will happen to the players ’funds, I don’t think that the government will return the lost deposits back to the players, because the casino was not legal.

Surely there is some conspiracy behind, because it cannot be first go unnoticed where 3$ billion of bets were carried out from  so long. So their is involvement of top people in this case. And then when they were involved so there has to be the reason then it could be for drugs, money laundering, real estate etc. Hope the case reveals all such things if it has happened.
470  Economy / Speculation / Re: Bitcoin performance in first half of 2020 on: July 01, 2020, 10:28:08 AM
Bitcoin performed quite well in first half of 2020 but not like it performed in the end of 2017 or start of 2018. Bitcoin crossed the milestone of 20k$ which was a great achievement. According to market condition the performance seems good.

In the last 20 days or so of June the market has seen the fall though because previously for most of the time it was above 9500$ and was trying to break past 10k and was successful as well twice but could not resist above 10k for long and fall back. After that the price slowly started to dip itself and went below 9k as well but was up again to above 9100$ . Though still holding above 9k is the key and lets see if can cross 10k and end up above 12k or more by year end.
471  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you still hodling that shitcoin? on: July 01, 2020, 08:46:35 AM
some coins that I didn't expect suddenly have a good enough price to sell, that's the reason why I still hold coins that don't even have a price up to now. Well, it wouldn't hurt to keep a coin like that in the wallet we have. however, as long as it doesn't reduce our main assets, I will keep it.

If it is yielding benefit it is good thing. I used to have some coins whose value after holding for some time just went down itself and finally, I decided to sell it. Though I got some price only for it but still better because they never rose from their and even got delisted. So only if the coins do look good for the coming time one should be holding it.
472  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance: $BNB The Future of Exchanges. on: June 30, 2020, 05:15:24 PM
$BNB has done absolutely well since it was launched and besides, there are more use cases for it than most tokens available in the market. The DEX itself is a great advantage and will play major role in the future when decentralized exchanges really get their position.

Indeed, over the years BNB has grown and also captured the lot of market. They’re really had good policy and vision and in doing this how tactically they also bought their coin BNB and today it is also considered as the good coin for investment and on using the BNB coin on their exchange there is some discount as well on the trading fee. It requires strategy and they worked well on this front.
473  Local / India / Re: Bitcoin trading growing in India on: June 30, 2020, 10:30:05 AM
Well overall that's great due to this Pendamic situation Job market in India has been disturbed but on the other hand, Crypto Exchanges like CoinDcx, Wazirx, BitBns, CoinSwitch, BitPolo are hiring more and more people, Overall increase in Volume will lead not only rise in Money Flow but eventually increase the Job Market Situation as well.
Statistics says nearly 30% of Indian population lost their job in covid 19,if we compare that percentage with our population then its 30-40 million people and do you think these exchange can hire enough people to compensate.I guess there won't be more than 1000 jobs were created in these exchanges.

One thing that can happen here is if the country makes it legal then there would be many users who would invest or start trading on their own in crypto. So for the people who are without job or could not find it, they can learn the trading and with small amount can enter in it and quite possible that they can earn some amount out of it alteast to survive and take care of their family. Thus, somehow the job burden will reduce a bit if not major.
Yeah it will be helpful for people to earn but what is stopping them now? If they can earn later then they can earn now as well right?

And people who don't have job meaan they don't even got any money to feed their family so expecting them to make some profit on the most risky trading method doesn't make sense to me.

So amidst confusion if it is going to be ban or not , people want clarity (some of them whom I know) and there are people who does not want to trade or invest till they know if the government is giving the green signal or no.

Regarding Job - I meant considering the pandemic there would be high unemployment and people may have some savings of their previous years of work etc. So in such cases if they want to trade or invest in it. Who know luck may be with them and they do well in trading or the investment done in crypto ad this results in the income every month to those people be it part or full time.
474  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you involved with Crypto? on: June 30, 2020, 08:29:00 AM
Sometime I have good money from crypto, also It gains popularity and  I know a lot of countries accepting it. Have thougts that crypto will have a big future


Money is one of the vital factors for many here but not the only factor that drives people to use crypto. Some of the other is like transferring the money to other across the globe, crypto plays a major role as with less fess and instant transfer saves the time and money for all. Also, for some they trade and it is their full time business as well.
475  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 30, 2020, 07:43:54 AM
Random Thought

West Indies and Pakistan are already setting their camps in England for test series or some limited overs cricket. How about ECB use this opportunity in their favor and come up with the one Triangular T-20 series? Eng vs WI vs Pak .. That would be great initiative.

This is a great thought as it would be really fun as well to watch them playing against each other. T20 would be the real fun watching those WI players smashing the ball out of the park. And also, it would bring back smiles on our faces which we had being missing due to no matches in past 3 months. But can they setup it immediately or some prior permission might be required I guess so.
476  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbies are safer with top altcoins on: June 29, 2020, 01:41:29 PM
Of course, playing it safe is a very appropriate step in investing in the world of cryptocurrency not only for beginners but for people who have long jumped into the world of crypto, it is also better to implement the same thing.

Investing in top altcoins is the key when you must make money in the all the terms like short, long and medium term because you are on a little safer than investing in the new projects or on less known coins. Though for people who have money or can take the risk can do invest in less known coins and have the good future. But for people who cannot take risk then for them it is advised to stay with top coins only.
477  Economy / Speculation / Re: Bitcoin to $150K and Ether to $9K on: June 29, 2020, 09:16:01 AM
I can not imagine it happening next year, if the price of Bitcoin to $ 150k maybe Altcoin really has a price of 1000% from now,
I can not wait  Grin for this come  Grin

It is good to dream and think positively that the price will rise to 150k in next, but what are the factors that will lead to this price rise. Frankly in coming next few years not seeing it rising so much but even if it crosses the first huddle of all time high till next year will be the good thing for now. Even if btc crosses 50k in near term will be the big thing for many people.
478  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance: $BNB The Future of Exchanges. on: June 29, 2020, 06:07:17 AM
Over the years Binance has proved why it is still considered as one of the best exchanges among the users who trade or invest in crypto. They should continue doing this and keep bringing the updates and make the exchange better and keep on adding the best features to their site. Also they should continue upgrading the security features too to maintain the trust of its users.
479  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Way To Make Money From Crypto In 2020? on: June 28, 2020, 04:21:34 PM
For me buying on the dips and staying invested in the best coins and diversifying it is the best bet when you have to make money in the long term. Also, I believe in long term you can make big money and we have seen in past as well that when initially if people who had hold their coins they have become millionaire and knowing and believing in what you do is very important and this will give you the returns as well.
480  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2020, 02:40:10 PM
I can always count on the over 9000 memes. Even when it hits 90,000 people will still have the memes on speed dial.



Just to let you know it had fallen till 8900$ value and after that we have seen the slightly upwards movement in the price and again it can crossed9k levels and at around 9050$ levels. Though the trade here seems could go any which ways and also, we can again see it falling back to below 9k. Though wish that it does not fall too steep and gain momentum from here.
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