You said the word "risky", so you probably knew the risks associated with it. You invested a huge amount on those alt coins and you did not even bother to keep yourself updated with those coins. So, i guess you are to blame yourself for most of the loss you suffered. Next time if you do invest again, make sure to keep track of it.
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Those are just assumptions. Do you really think USD is going to collapse quite easily? There are other countries that depends on the US fiat currency. Even if that happens, think about the people who knows less or nothing at all about bitcoin. They will be facing some hard time trying to understand its usage. Lets not hope that US dollar collapse as we don't want to see any kind of global crisis.
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By exchanging alt coins for free, I guess you mean free from those "fee" that are taken from you in while exchanging from an exchange or other service. I guess no. Every platform will take a small percentage of fee since they are there for profit and will need revenue to run their platform. But you can try looking for people on the forum and do direct p2p deals with users based on exchange rates.
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I was buying in some coins n wanted to trade or sell my coins but the exchange decided to do maintenance. I felt the exchange was poorly handled. I lost a few hundreds that I couldn't trade. This is a small exchange that was selling a new coin. Entering crypto is surely the wild wild west. It was hotbit.io Everyone was selling while I was holding. Did the exchange decided to cash out on a different exchange? Probably never know what there doing.
There are tons of better well known exchanges and you decided to use hotbit.io? I never even heard of this exchange. And yeah, they were probably trading against their user funds. Sad you had to fall for it. Better be careful next time and use an exchange that is well reputed, since they won't be risking their reputation through such acts.
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Just be careful when joining those groups. You might be scammers lurks around on those telegram groups. And also be careful when following their advice. They might try to rip you off. Those pump and dump groups are not for everyone. Those who are not smart enough to know when to exit suffers the loss. And only those leaders of the group make the profit, while others suffer huge loss.
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Some new launched casino's are legit but most of them now has nothing to do with the community of providing a better service and entertainment. The old ones has built their reputation and signature campaign really contributes to the popularity of these casino's. I've been part of 777coin for more than 2 years going 3 years soon. If it wasn't effective, it will cut its expenses to it.
Even though "some" new casinos are legit, people will hesitate to play over there. The casino should provide something different than the the casino that currently exist in the market. Or else people will be choosing the old ones over the new ones and why wouldn't they? Signature campaign only attracts people using this forum. Limiting your advertisement to the forum only isn't a good idea.
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Hello friend Pls without referring to any particular site can anyone offer a less bias advice as to how they select a very good gambling like what are their features, advantages and disadvantages, how successful has there decision been so far and so on
Reputation matters. Look for casinos that existed for a very long time. New casinos will likely scam you (not saying that all new casinos are scam. There is just a chance of them scamming you since they have no reputation to lose). See how active those administrators are. You will have better user experience (as i have seen in most of the cases) where developers/admins keep direct contact with their users. Select a casino with lower house edge. Look for player base. The more player they have, the better they actually are (or people wouldn't be playing over there). If there is a chat feature, then you will actually enjoy chatting and playing on that casino. Finally, look out for casinos that meets your expectation.
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First of all , this topic should be moved to bitcoin discussion board because we are currently in altcoin sections .
Secondly , bitcoin did not reach the bottom yet because the real bottom price is under 1 usd .
Third. Dont worry because bitcoin is now stabilizing and that is a sign that the price will now recover instead of dropping more evenly .
Fourth . much better if you can or we can purchase more btc 's today so that we can have a chance to participate on the next pump event .
I guess by bottom all he meant is that the dip has reached its lowest point. He is not talking about the actual value over here. And why do you think the $1 USD is the bottom price for bitcoin? Price stabilization was never a definite sign of recovery. We have seen the price being stable between $7,000 - $8,000 but in the end, the price dropped more further. Don't just buy with the expectation of the price being pumped soon, believe me, you will be disappointed.
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If your jurisdiction or the law of your country tells you to pay taxes on your crypto currency gains, then you should. If you hide your gains (that is not report them) and try to avoid taxes, then you are actually breaking the law of the country and you deserve to get punished. How long do you think you will be able to hide yourself and escape from those taxes? You will eventually get caught.
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there are some rumors about facebook and their cryptocurrency but I don't think it will be very popular among the users. may be it will be used for buying ads on the platform.
Why would people even use it to buy advertisement on their platform using their crypto currencies? First of all, if people use it for that purpose only, we can only imagine how low the value would. Secondly, would would they even make that and go through all those troubles? They could rather introduce other kinds of crypto currencies to be accepted as payment. This would do better to the community.
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Manipulation isn't a new thing in crypto currencies. Nor is it a isolated event at South Korea. The prices has been manipulated various times and we were also able to see it clearly. Exchanges also manipulating the trade volume isn't a new thing. This has been happening ever since the beginning. There isn't much we can actually do to be honest. We just need to watch out and understand what is real and what is not.
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I am not much fond of going to physical casino these days when everything can be done online. Casino are growing everywhere at a massive rate and so does the online gambling sites. Since the population of the world is increasing at a rapid rates and very high rate of unemployment, many people comes to gambling to change their fortune.
This makes no logical sense at all. At least think for a while before posting! Ok, the world population is increasing day by day. I also agree that the rate of unemployment is also increasing. But, what does unemployment has to do with gambling? How the hell will they change their fortune by gambling if they do no have money (since they do no have a job) to gamble? The would be utter most stupidity to gamble when you don't even have a source of money.
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I wouldn't say all of them, maybe 10% of ICOs are actual legitimate projects that offer innovative stuff to the crypto sphere, and the rest are nothing but garbage. Good thing that the hype ahs died down and people are way more cautious when investing in ICOs, unlike 2017 where everyone was pouring money at the first ICO they saw.
At least some countries like Japan, South Korea, France, and even USA, have started to (or are planning to) implement regulations on ICOs to protect investors, so hopefully, things will change in the future and scams icos will finally dissapear completely from the market.
10% of them are legitimate? Do we actually need those 10% ICO? Do we even need ICOs? I know those 10% of the ICOs are getting a bad name because of the other 90% scammy ICOs, but there is nothing much we can do. All we can try is to avoid those ICOs. Countries that have started to regulated ICOs and put strict policies over them know the dangers of letting ICOs run free. And yeah, don't expect those scammy ICOs to disappear forever. They will come back in one way or another.
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In the year 2136, after the penultimate BTC halving, the block reward will be 0,00000002 BTC (2 Satoshi). If BTC mining is still profitable, how much could be 1 BTC cost?
I don't know what the price is going to be. But if people are still mining bitcoin in 2136, there is a reason why they would be doing that. The price might be extremely high that even a satoshi is a lot for the people. And thats year 2139, high chances are people have adopted this currency which will bring more value to the coins.
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1-) we need to stop the scammers so that governments and banks take seriously the crypto world
2-) we need to stop manipulating the volumes in the exchange
3-) we need to have serious exchanges, committed to serving their customers well
4-) we need to stop with pump and dump schemes so that governments and banks take seriously the crypto world
5-) we need to stop the shitcoins that increase every day
1. How do we do that? We can't just stop scammers from scamming. All we can do is prevent ourselves from getting scammed by acting smart. 2. This is a decentralized market. There is no way we can stop the manipulation of the volumes of the market. 3. Not sure what you meant by this. We do have good exchanges that servers their customer as needs. (yeah but most of them have shitty customer support) 4. Once again, we can't stop those pump and dump scheme. Remember, this is a free market. No one can stop anyone from doing anything.
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We recently invented this rock, paper and scissor contest in office and bets are hillariously unreal like treating lunch, half of tbe bread, a service, couple of candies, rubber bands and ofcourse money. This is somehow our way to release stress. The person who will reach to five wins and the game starts with a tag.
Good for relieving stress and expressing your enjoyment, this type of gambling works as a social interactions with people who you love to be with, same thing with cards game playing with your friends while you are drinking some beers, it will bring strong bonds though there's no serious attachment with the amount of winnings but the enjoyment is really important with those normal games that you will play. That rock, paper and scissor game is not actually a form of gambling. The people playing that game as "social interaction" has nothing to lose huge to lose. Even if there is a dare involved, as long as huge sum of money is not being placed as a bet, its not the same as real gambling. You won't be getting the same adrenaline rush you would have gotten if money was involved. Those are just "fun" games with some rewards.
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Your post makes no sense. What does bitcoin halving have to do with ICOs? Do you even know what ICO is? And dumping of tokens has no relation with the project. A project will be successful if the developers actually work on it and continues to do so after the ICO. Most of them fail cause they are nothing but to take away investors money.
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Thanks for the link. On this blog, they say that it seems that Cryptopia maybe don't have access to thoses 76K wallets. They are real newbies if they didn't have any backup saved somewhere and written on some papers. And how could they leave their private keys or mnemonics on a server with access to the internet... Pen and papers is still the safest way to backup passwords. I hope the hackers only had access to the Ethereum wallets. I gave you 1 smerit. My last one...
That would be quite irresponsible of them if they do not have backup of those wallets. A pen and paper wouldn't be the best option to safe your sensitive data. You might lose them in accidents too. Forget about the accidents, the amount of work would actually be tedious. There are better ways to store them digitally. Sad to hear exchanges getting hacked and they have nothing to do since they didn't take any precautionary measures.
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The answer is yes if someone with a lot of bitcoins decides to do it they can do it and there would be nothing to stop them.
The problem is who would accept them and can they be stripped of the btc backing them.
Then how will the transactions be recorded? Someone with a lot of bitcoins doing something - doesn't that make the system a bit centralized. I don't think anyone will want that. Again, what will be the use of those physical currency note? That makes the usage somewhat weak. We wanted to transfer the coins from one boundary to another with ease and no third party being involved. Making physical notes will not help in that case. Again, its going to be a bit hassle to identify fakes notes from the real ones.
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The KYC thing will not be stopping scam. It might help reduce it, but will never stop it. No matter how much verification and other stuffs are required, you can't totally stop people from scamming. They will find their way to just rip off people. Regulations might help but having extremely strict regulations might make the system end up being some what centralized. We don't want that to be happening.
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