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4661  Bitcoin / Bitcoin Discussion / Re: Real purpose of Bitcoin on: November 25, 2020, 01:41:29 AM
When you talk about Bitcoin first thing which most of us thinks either it's a get rich quick scheme or an investment scheme. Did Satoshi Nakamoto created Bitcoin as an investment scheme? No, it was supposed to be a peer to peer payment transaction across borders without involvement expensive money exchangers or regulators but it has been turned into an investment scheme, where are we heading ? Do you think Bitcoin is losing its original purpose of its invention?
It is to think that the real feature isn't realized yet, but somehow in the future? May it wasn't just lied and focus as for currency as the main feature but we saw potentials being considered as an investment where we are actually enjoying is this time and could be still in the future. I can't say also that we Bitcoin losing its original purpose we are started to use it as a currency but the problem is its consistency since not all are opened yet for business transactions that accept Bitcoin.
4662  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be considered the “gold” of crypto investment? on: November 24, 2020, 11:52:55 PM
Factors are;
Assurance
*If you are talking about risk and long-term investment, I have to choose gold as the price will never dump or at less volatile.

Profit
*Even though Bitcoin is totally at risk but I saw this thing profitable and I take such consideration to choose it over Gold.

But I think also that having them both in a long-term goal as an investment is the best idea to take. We need to smart and think for the future not just of today or just for tomorrow and have to take the opportunity that will last longer, not just for a short while.
4663  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO, IEO! Which one do you want to return again? on: November 24, 2020, 11:22:51 PM
IEO is more transparent than ICO.  Top exchange like Binance scrutinize any project looking to launch lauchpad IEO on Binance so investor don't feel afraid to invest in IEO.  ICO is dead, it is rare to have a successful project on ICO this year because ICO has been left behind and now IEO has become the choice of the big whales.
I'm not sure with that because if we say that IEO has that potential and whales are investing in them we are supposed to see the market surging high and have some hypes but there's nothing. But if we are talking about ICO and if we can remember last 2017 where ICO projects investors doubled (and even tripled their money) it was the sign that more people are investing their money unlike what we observe in IEO days.

It may be, one factor that looks different is because people are learning from their bad experience last 2017 and they are much careful now and have knowledge in choosing the project to invest in compared before.
4664  Economy / Gambling discussion / Re: Player protection - stop loss limit on: November 24, 2020, 10:46:08 PM
I do not think that any measures can stop a person if he has lost control over himself. Restricting an account or IP address in an online casino is not a good idea as it's easy to get around. If a person decides to win back his loss, and the protection measures have been introduced against him, he will simply go to another casino and continue to play there.
And they are losing potential player/s and money if these people will transfer to the other.

I don't think that the stop-loss limit could be pushed through, setting to limit is not the concern of the site but that would be the concern of the player. They probably know what they are doing but the problem is that when we are already hooked up by addiction and can't stop our emotions.

Player protection? I really don't think if they are serious about that, IMO.
4665  Economy / Gambling discussion / Re: THE MOST PAINFUL DAY IN MY BETTING CAREER on: November 24, 2020, 10:19:30 PM
We all have that kind of tragic experience and it makes our gambling journey really unforgettable. I think we all have to experience things like that for us to learn and grow in every aspect of life even in gambling. It's good to know that you have moved on and recovered from it. I guess if it's not meant for you then it won't really be for you but it's a good thing that you used it as a motivation to learn and earn better.
experience will indeed be a very important teacher for learning, therefore we all have to be brave to try to do something new so that we have the experience that we have done it and can be used as a very important lesson, so that in the future we can know what to do so that it doesn't happen again. back that mistake.
No matter how you tried to be perfect and even having a lot of ideas and experience but you can't escape such mistakes and possible losses. you can't simply think that you always win in gambling but rather to think that we gonna lose every time. That is the painful reality in here and I shouldn't have to raise complaints about why I lose because we clearly know it before we start gambling 50/50 (win/loss) or 60% losing and 40% winning.
4666  Economy / Gambling discussion / Re: Argentina raises Gambling tax on: November 23, 2020, 11:56:10 PM
The country Argentina has been raises a tax on the gambling? Simply because all of the economy of each country in on the downside because of the pandemic that has been brough to us and that's why, their government think about how they will be able to recover again from the loss that has been brought by the pandemic, and it is giving the casinos or gambling casinos an additional tax for its gamblers. The cons here is that there are gamblers who are not in favor here because you as a gambler, will you be able to accept additional fees or tax whenever you play? Of course not.
Argentina is a third world country. It's quite normal that governments in 3rd world will look for several possibilities to get more incomes during the pademic when their economy can't support such an agressive crisis. The market of "Entertement" could be considered as a victim of this policy. Taxes augmented in everything even illegal stuffs,gambling isn'tan exception Smiley
I understand that Argentina making way to have additional sources just like the other country did but that 5% is really not acceptable for the players. I may think that this could be the reason to stop people from gambling but rather to focus on the solution to the problem we face today.

I hope their actions will be fairly enough for everyone and sees a positive impact on the economy. If this could help for the pandemic then this could essential to increase taxes for a while but I don't agree also that this will be for the lifetime change coz I'm afraid that this will be the reason that some gambling institutions will stop.
4667  Economy / Exchanges / Re: HitBTC.com - Withdraw Disabled, is it scam ? on: November 23, 2020, 11:24:01 PM
It was shown already that HitBTC gives some advice and a way to solve the problem. I see this as a winning solution and that seems possible if we actually talk to them in regards to any problems that we encounter.

This exchange has been so long giving services to the community, they have that reputation already, and I know that they would retain such a thing forever unless if they want to change it and be like those scamming sites. But I see this is not their intent and probably don't have a plan to do it so this issue will be resolve sooner/later.
4668  Economy / Trading Discussion / Re: Trading mistakes on: November 23, 2020, 10:49:13 PM
For me, traders became prone to mistakes because of being greedy.
they are just doing what they want without further analysis, and wanting huge profit instantly in just one click.
but mistakes is just a part of our lives, remember! you will also learn from mistakes once you experienced it.


They are focus on how to make money in a very short period of time. I've found no wrong with that as that is our goal but that also a reason why they fail to achieve their target as they are so aggressive and never notice that they were driven by greediness.

Trading mistakes are very common to everyone, some consider this as an opportunity to grow but some did think that they failed and this kind of mindset says that trading isn't the right place for them. They are actually quitting that easy and no reason to push themselves if they are not willing also to accept failures.
4669  Alternate cryptocurrencies / Speculation (Altcoins) / Re: when is the right time to buy cryptocurrency? on: November 22, 2020, 10:16:48 PM
Talking about the right time to buy and even to sell will definitely it depends on you, on us? If I say that I buy altcoins now because I see this is the best time, that is my discretion and could be different from yours.

We never know when is the right time but I could suggest that, in fact, this is the most practice is to buy when the market is in deep. By simply checking on the coinmarketcap chart, you will know the trend of the market. Of course, by simply tracking on a coin that you have chosen/planned to invest in, you'll be guided accordingly.
4670  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH ideal transaction fee using MEW? on: November 20, 2020, 10:28:48 PM
Code:
Warning! Error encountered during contract execution [Out of gas] 

i tried sending about $50 to someone using the browser extension of MEW on firefox. i pick the fast transaction that the MEW set for users and the gas is about $1.10, but why do i get the error " Warning! Error encountered during contract execution [Out of gas] "?

i tried slow, average and fast all transactions didn't went thru so i want to use the advance option, how much should the ideal fee to put for transaction to go?
Sorry, but it wasn't clear to me.

But this might be the situation that happens to you.
For instance that you just have a $51 total amount in your wallet and you are sending $50 worth of ETH to the other wallet, definitely you get short as you are paying more than $1 for the gas fee.

What I could suggest is to lower the amount that you have to send, $48 with the same gas fees might possibly be okay. If the error still pops up, you may have to use another browser.  I hope this could help.
4671  Bitcoin / Bitcoin Discussion / Re: Not Sure On Whether To Buy Crypto Or Not? on: November 20, 2020, 04:06:27 PM
You're not sure because you are not also 100% confident about investing in crypto then. And that also a reason why many new investors badly lose their money because they don't know what to do.

I suggest you think that multiple times because if you are asking our opinion here, we will encourage you to invest since we already prove it. you can't tell that such a feeling because you didn't make it.

Just come back here again if your decision is already firm. But for now, I have to say to observe first the market behavior and buying today has a big risk and I'm afraid it will make you bad.
4672  Economy / Speculation / Re: Will there be a massive BTC dump? on: November 20, 2020, 03:29:01 PM
A thing that can't be stopped. Dumps come any time just like how pumps shows to us. And looking back on how the market behaves after the hypes, after Bullrun, dumps have to respond to it. However, this will not be the case to worried a lot, of course, we have to prepare ourselves for that possibility.

I always check on the market chart, the trend still good, and continue to maintain the uprising momentum. And I hope there are no FUDs to hear around that could affect the trend and that also a reason for (massive) dumps to start.
4673  Economy / Gambling discussion / Re: Casino workers forced into unpaid leave on: November 20, 2020, 02:56:48 PM
It is going to be a tough situation for the casino owners. And let's remember the fact that not all of the casinos are owned by billionaires like Sheldon Adelson. A number of them are owned by small-scale owners such as various native American reservations. So I don't expect all of these casinos to have enough cash reserves to pay their employees even if they remain closed for an extended period.

Yeah, that is the point. We should also understand their part, they are doing their business and I think they are also thinking that they are sorry about what happened to these workers. Still, I hope they could easily find another job. This time, it is hard to find a job since most of the businesses and stores are closed or have limited customers so usually they manage it on their own.
We are nearly getting back to the normal situation just like before and those jobless individuals will get back to work after a long vacation, after being fired up. I don't think there is a misunderstanding with the situation because if we are also running a business or putting ourselves into them, we might have to make such a decision as well even it was really hard on our part losing people who are working good to the company.
`
4674  Economy / Trading Discussion / Re: What should I study to learn how to trade? on: November 20, 2020, 02:21:35 PM
Before you'll go into trading, you must have to study first about crypto, knows its behavior until you fully understand it. Then, it couldn't be hard for you to understand trading.

Learning about trading could be hard at first but if you think that you can do this, it will never disappoint you and brings you success. All went good if all your learning coming from youtube tutorials or from friends will be applied to real trading. This could be a process and it takes time before we become a full pledge and a successful trader.
4675  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Youengine (YOUC) failed on: November 20, 2020, 01:45:08 PM
What could you expect from a project that just hypes by a known promoter but doesn't have a product? Surely it slips on the ground quickly and less chance to rise back.

John MacAfee had nothing to do with this project and I'm not sure about the participation of this person. They are tagging MacAfee just to catch attention but crypto investors are not blind enough to risk this kind of project knowing that there is no hope for this but just a losing ends.

Good thing OP that you do not become a victim to this. Probably there are a lot of people who get fooled and I know that they are in regrets by now.

source: https://digitalcoinprice.com/coins/youengine
4676  Economy / Gambling / Re: VerveCasino.com - Daily Rakeback, Weekly Lossback - New bitcoin/crypto casino on: November 20, 2020, 01:18:43 AM
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Well, That looks very encouraging for abusers.

Running some contests and promos is a good idea to promote our services and be known to the community but somehow, a thing also that usually been encouraging abusers, multi-accounts to participate.

I hope this giveaway/promo will not be abused as well just like they have done in your previous contest. Just what @Bitinity said, it was your jurisdiction to prevent such activities and take action on them, banning them might be a good idea.
4677  Bitcoin / Bitcoin Discussion / Re: What will happen for Amazon to accept Bitcoin? on: November 19, 2020, 11:48:37 PM
That would be a big change in terms of adoption for bitcoin. I don't know though if they will be considering or plan to accept bitcoin since if you all can remember, Steam accepted bitcoin for some time but stopped accepting it because of the transaction fees and maybe its volatility.
If they saw that PayPal had influenced the market, Amazon might not be doing that instead to push themselves and work on crypto. With growing numbers of crypto users and companies that accepting Bitcoin, it will be their consideration to offer such kind of services. This opportunity that the pandemic brought to us is the way also it helps for known and big companies will adopt the system otherwise, it gives an option as well for the people to choose others where they can maximize their Bitcoin.
4678  Bitcoin / Bitcoin Discussion / Re: Can bitcoin make someone the richest in the world? on: November 19, 2020, 11:25:32 PM
They are rich already before Bitcoin exist. If they will hear about Bitcoin, possibly they will just ignore it because they are also much preferred to Fiat money.
If you are a clueless person, no knowledge about trading, and investment, Bitcoin isn't able to make you rich either. But those who are already engaged in some business, run for many years, might consider Bitcoin as a long-term investment but not a thing also that could make them richer than before. They will still relying on their business than this volatile market.
4679  Economy / Speculation / Re: Congrats to everyone for reaching $20k again. on: November 19, 2020, 10:52:08 PM
I feel to congratulate myself also if that will happen again, the 2nd time around if there is. But until now, even the price able to touch $18k at once, the confidence isn't still at 100% to see Bitcoin rallying at $20k.

The only thing we need is that no whales would try to sell their Bitcoin because we know what will happen next. if we can able to maintain the current momentum the a big possibility that we are able to reach it back or even more. But the problem is that we are not totally in control of them and I am afraid the market it burst as it sometimes happens in the past year.
4680  Economy / Gambling discussion / Re: An Indian boy committed suicide after losing money by Betting in IPL on: November 19, 2020, 10:31:43 PM
Not a new story, but still an alarming scenario. This kid is typically gambling for his life (that's what he had in his mindset) . This is one of the example of extreme gambling addiction. Even if he win and paid that borrowed money, he'd still go back to gambling and will continuously lossing money and still end up killing himself.
The only way to stop that kid from killing himself, is to actually stop him from gambling.
Really really sad news and waste of precious life.

It's not only in India but all countries where gambling is legal there are issues like this, some of them are not broadcast publicly but there really is, if you have a family or a friend who is very much hooked on gambling and he sometimes asks for a loan, better check if he is very deep into gambling because he may end up like this.
Unless if they are opened to you and let his/her family well-informed because it sometimes they hide it and we just get surprised into hearing such a thing. It gonna be the responsibility of the parent to look into their family member's activities and the welfare of everyone. But this kind of scenario just like killing himself, I don't think that this boy is opened to his parents or to his friends. I believe he hiding it until such a time that he can no longer take the pressure and brought top the decision like that.
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