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4761  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Stress and Happiness on: October 16, 2019, 09:14:35 AM


In my almost four years of getting involved (just an ordinary holder and part-time trader, nothing so great actually), I am so sure that Bitcoin can be a major source of stress especially if you bought them at a higher price and then the price made some slide. Now, I am not saying that it is Bitcoin's fault because stress in the first place depends a lot on our perception and how we are managing it. But definitely, we can categorize as a stressor at some degree.

On the other hand, Bitcoin can also be the source of "happiness" especially when the coin is having a great time jumping upwards. Certainly, there can be euphoria if in 2020 Bitcoin can go higher that its 2017 ATH. Bitcoin is known for extreme volatility and it can go from one side to the other in matter of hours and days.

No wonder that Steve Wozniak the Apple co-founder sold his bitcoin because riding the roller coaster stressed him out.

How do you manage any possible stress coming from Bitcoin's volatility?

Having multiple sources of income would help alot. This also applies to other areas of businesses or investments. Many wealthy business owners have multiple companies. If one company stops being very profitable, they continue using others companies. This helps them cope with the little problem the other company is going through until the company begins to be profitable again.
I think you should have multiple sources of income and you wouldn't worry too much about price again

4762  Alternate cryptocurrencies / Altcoin Discussion / Re: Pieta team is all set to release its cloud-based solar mining contract on: October 16, 2019, 08:00:45 AM
Pieta team is all set to release its cloud-based solar mining contract in the next 3-4 weeks, which will go on sale with a new website which will be launched at the same time. For now, the Pieta token will be the sole mode of payment for buying Pieta mining contracts. Pieta contracts will enable low-cost mining of bitcoins, ETH and Pieta coins. This will the lowest-cost mining system, with no maintenance fee, compared to other existing mining networks. Miners will be able to save up to 50% on their mining cost with our affordable mining contracts.
Contract period will be 2 years, and mining payouts will be daily.

For Pieta token users, a special discount of up to 50% will be given in the contract price. Purchase your Pieta tokens now if you haven’t already.


I guess you should provide strong proofs that the solar panels and other related mining equipments exist. We have seen similar projects on this forum with the owners backing up their claims with good proofs. No proof has been shown so far by you. Or are you hoping to build those with investors funds? I think you should be honest about your real intentions.


4763  Bitcoin / Bitcoin Discussion / Re: Coin Join and obfuscating identity, balances, privacy. Is it advisable? on: October 16, 2019, 06:50:45 AM
Is privacy evil then? If privacy is evil why do we still allow so much secrecy in public sphere? I thought the bitcoins belong to people and they have every right to hide them? Should I not hide what belongs to me?

If privacy has become evil, our laws should make it clear that privacy is pure evil,so that all humans on earth can destroy their  windows, doors, fences and probably begin to walk naked.

But to be fair to the authorities, most public transactions should be available to the law enforcement agencies if they find something suspicious. But things should be done in such a way that the laws that guarantee privacy is not violated.
4764  Economy / Economics / Re: [DEBATE]: Cryptocurrency investment related on India facing threat for ban on: October 15, 2019, 07:11:19 PM
I wonder how such law will be enforced if indeed it is true. Are phones and other internet devices going to be searched? Or will they monitor internet traffic for cryptocurrency transactions? I read months ago that people still use cryptocurrencies in China despite government stance on them. If things can be that difficult for Chinese government to handle, wonder how India will cope with its little internet censorship.
4765  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Dogecoin price rise because of this? Is this coincidence or what? on: October 15, 2019, 04:10:11 PM
Dogenode is probably different from dogecoin. could be a fork, could be an outright scam or it's just impersonating dogecoin. I guess he/she is the same person that owns dogecash. Their stuff doesn't look professional or technical. https://www.beermoneyforum.com/threads/dogenode-cc-reviews-scam-or-legit.30826/
https://bitcointalk.org/index.php?action=profile;u=2665595

Do more research before investing. I would rather not invest atall.
4766  Bitcoin / Bitcoin Discussion / Re: A rise on Bitcoin addresses that holds 1k BTC or more is a bullish sign! on: October 15, 2019, 02:01:09 PM
Hope this is true. and not owned by few people who are trying to "decentralized" their bitcoins".

Millions of people buying 1btc or more is definitely good for the health of Bitcoin.
There has to be lots of people buying that amount of Bitcoin for it to have a reasonable effect on the price of Bitcoin
4767  Other / Off-topic / Re: Vape Thread on: October 15, 2019, 01:04:42 PM
You guys should be more careful with vaping. There was an outbreak of vaping-related lung illnesses few days or weeks ago. The real cause of the illness is not well understood yet.
Google "outbreak of vaping-related lung illnesses" to find out more. I do not vape though. Just want to bring this to your Attention.

Few people die from vaping - the world goes crazy, writes articles, discusses etc.
Millions die each year from smoking cigarettes - everyone is silent.

Yes, some people may have died from vaping. But sh*t happens, maybe they overdosed it. The cause can be anything. These articles just says it's harmful, but have no proof, just predictions. It is easy to blame something that you don't know. It may seem that these articles are financed by tobacco companies to decrease competition..

If the vaping is so harmful, then the little kids should be falling dead like leaves in Autumn.
This trend is the most popular between the kids 8-18 years old.

You need to see this through calmly.
 

Kids really vape where you live?
Doesn't vaping cause addiction or change people's positive personality? Well, I haven't really researched into this, so I wont say much about it.

Guess you should research what peter0425 said about the health implications of vaping.
Moderation is probably the best way to vape.
Red wine for example is good but can be bad when taken in excess.
4768  Other / Off-topic / Re: Flat Earth on: October 15, 2019, 12:13:36 PM
Found a pro flat earth video few days ago and it blew me away. What I saw was too convincing and unbelievable.

I have been fighting off the idea that the earth is a disk and stationary but after watching it I was humble and ashamed of myself.
 It also says the sun revovles around the earth, what? What on earth is going on in our world? Who is right on this matter, the ancients or the modern world? What a strange world we live in lol


Pls watch and be blown away. https://m.youtube.com/watch?v=-Ax_YpQsy88

I do not think the video is 100% true though. I give it 40%
4769  Economy / Trading Discussion / Re: What is the cheapest way to Exchange cryptocurency? on: October 13, 2019, 06:24:33 PM
Depends on the type of exchange you want to trade on. I have been charged very tiny fee trading on a particular exchange but it took a little longer for me to receive the coin. It is a decentralized exchange.

If you prefer centralized exchanges, I would then suggest you convert your  coin to coins with very low transaction fee before exchanging . Guess you should check if that is possible on your current exchange


4770  Economy / Trading Discussion / Re: What indicators do you add in tradingview and how is it used? on: October 13, 2019, 05:18:20 PM

I did read some trading tips from youtube traders, fascinating to see they know how the market will act when oversold and overbought using the RSI but this is just a simple indicator which I'm not even aware if this works to all time frame. i'd like to see some specific sets.

Is anyone care to share about the settings of their moving averages and how this will be use as indicator?


Complex indicators don't work well for me. I just keep it simple. The simple ones tend to give me better results.
Check this out:  https://m.youtube.com/playlist?list=PLovfz5BWiPa34GzoacromtRO-hq1XQSnD
I came across it some months ago. I haven't really verified what the gentleman teaches but they all look interesting.
I try to keep my trades as simple as possible.



4771  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Store of Value or Method of Payment on: October 13, 2019, 03:18:26 PM
I've recently meditated on this thought. We all want businesses to adopt bitcoin as a payment method and people to pay with it, but I think most people are rather avoiding to spend their BTC as they see it more as a store of value that will bring wealth to them over the next years. So they are more likely to keep their BTCs and spend the fiat currency, thus the use of BTC in day-to-day transactions won't probably go up until people actually get their wages in Bitcoin denomination. But in order for companies to enable that so it will be convenient for both the employee and the employer we need to have the infrastructure in place, including regulations and major stores in the cities accepting BTC.

What's your thoughts on this? Do people prefer to spend their BTC or do anything( maybe even taking a loan) to protect them?

I don't see why it can't both store of value and "method of payments". I believe Bitcoin can actually be both today without much problems.
I have witnessed lots of notable non-crypto people in the past accepting Bitcoin on social media and YouTube. All of a sudden they stop talking about it. Whether they still accept it or not I can't tell. I am pretty sure they became secretive due to fear of something. If you could promote Bitcoin alittle bit on those platforms and assure people that no one will harm them for using Bitcoin, i think they will start accepting it again. You can draw such people to this community so that they learn how to use Bitcoin with peace of mind
4772  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people are excited everytime we see a new coin without knowing it first on: October 13, 2019, 02:22:49 PM
Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do

Not everyone has the capability to judge the newly launch project whether it is a good project or a shit project therefore many will fall victim to kind of problems.

If anyone has the capability to check whether the team behind the project are all genuine and competent then we don't have to worry to this kind of issues. But if someone can at least provide a platform in which they will background check the newly launch project starting from it's team,capability of the project to succeed and etc. then we can easily solve this kind of problem.

Exactly. I wish people with the required skills and  knowledge can provide that kind of service. We really need it.
In my opinion, it would be better to have such service rendered from decentralized platforms by randomly selected competent people. This will definitely make things harder for scammers if done correctly. And this people have to be paid.


   



4773  Economy / Economics / Re: Bitcoin and Avocados: Correlated Assets? on: October 13, 2019, 12:27:20 PM
This is an interesting (well, can also be funny and entertaining I guess) piece linking the price movement of Bitcoin and guacamole which has one element present in both: millennials. Let's take a look:

Quote

...Bitcoin had shown some correlation with gold, strengthening the safe haven narrative that has been at the forefront of 2019. But Bitcoin has also shown correlation with another hot commodity adored by millennials: avocados.

Both appear to have dragged along a bottom in early 2019, only to skyrocket in value starting in early April. The price of each asset rose steadily in the second quarter of 2019, but topped out in late June and early July, and has since started to decline back to previous lows. If there really is a true direct correlation to be made, another sharp drop on avocado’s charts suggests that Bitcoin has much further to fall.



You can read more of this here...

In the following weeks, it would be good to revisit this comparison between Bitcoin and avocados if they can really be correlated. For now, do you think there is really a connection or just amazing coincidences?

Interesting one. Unfortunately I can't see the chart very well.
 So, does this mean that many Bitcoin users are avacado lovers or they get too existed/sad when price is going up or down that they begin to consume avacado? It is possible that people attach the pear to their favorite cryptocurrency personalities who promote pear.. . The good times in Crypto remind them of those crypto personalities... making them to go back to consuming avacado. while the bad times make them lose interest in the pear?
4774  Alternate cryptocurrencies / Altcoin Discussion / Re: !!! SO MANY PROJECTS !!! What 's going on ? on: October 13, 2019, 11:12:21 AM
For me, they are only making those new project to scam again.
They want the money of some people especially those beginners.
Especially those new ICO, out of 10 projects , maybe there are only 2 projects are legit. Maybe we can say they are legit but it will slowly disappear and abandon their project. This is normal especially in the world or cryptocurrency.

Not even 2 of 10 projects are legit, in my case none of them are legit for now. I had followed a few projects these months and all of them were a scam. A scam project will always tell us about something good while they have not done it yet, even the latest ICO project that I have been following all this time posted about their activity on some event ended up scammed me.
They were trying to get money but because the demand is significantly low, they are not able to get what they wanted and then create another project to get money from it. The cycle moves like this multiple times.

If you think less about the rewards from ICO or other cryptocurrency crowdfunding mechanisms, you could find few serious projects that are currently busy behind the scene. It'd be pretty hard to find such projects without doing enough research on new projects.
4775  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH blockchain based decentralised exchange on: October 13, 2019, 10:51:25 AM
I was reading a article published by cointelegraph and read that:
Quote
McAfee DEX is set to run in a beta release status as of Oct. 7

McAfee DEX beta: the details
According to the details released so far, McAfee DEX reportedly will entail no Know Your Customer checks, block no jurisdictions and charge a single platform fee of 0.25% for takers. It will not charge maker fees and will also reportedly be open sourced.


Here is the article: https://cointelegraph.com/news/john-mcafees-decentralized-crypto-exchange-launches-in-beta

This means if someone hacks my funds and trades through this exchange whom to I ask?

I have not used much distributed exchanges but this statement was scary. Previous I had the experience where my funds were hacked and this statement opened up my wounds.


How decentralized is the McAfee DEX? I have heard alot about the decentralized exchange but I thought they were just jokes.
I guess most of the problem the exchange seeks to solve will be solved via decentralized means except he is creating a semi-decentralized exchange. It's possible you can recover your funds if the exchange is semi-decentralized or fund recovery is determined by decentralized stakeholders

4776  Economy / Gambling discussion / Re: Poll for Gambling Domain Names! on: October 13, 2019, 10:17:07 AM
What an interesting way to find good domain names. I did I missed that one. Lol
I wonder how effective it is to use the opinions of other to find domain names that have potential to be successful. And It's incredible how much they sell the best domain names

Won't be surprised if the business Op bought up all or most of the domain names he listed at the top of his thread.
4777  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the fair rewards come out from campaign? on: October 13, 2019, 08:07:35 AM
I was planning to join the campaign, i asked one already join more than one, the answer is choked me,
Although the project not bad, he received only $6.8 after worked for 6 weeks is it fair?  Is it normal?
What you think?



The quality of your pay depends on the value of the token you promote. I think they should rather pay in established cryptocurrencies. I strongly believe the exact pay promised to hunters in fiat value in the beginning (whether small or big) should be guaranteed & paid in the end of the promotion.
Well, It is heartbreaking to see hunters work so hard only to be given peanut. The developers are probably doing this because they raised inadequate funds or don't care too much about hunters. It's hard to raise funds these days... i won't be surprised if the latter is one of the main reasons paying adequately is difficult.

You should research into a project before joining. You need to be sure it's not scam or substandard project. Scams and substandard projects hardly raise enough fund thesedays. Solid projects are hard to find but they have higher chances of raising higher funds and paying their hunters
4778  Economy / Trading Discussion / Re: Bittrex closing late Oct? Does anyone know more? See article. on: October 12, 2019, 05:01:26 PM

Excerpt from the article:
Quote
The launch of Bittrex Global is expected to coincide with the closure of Bittrex International (Malta) operations in late October. https://bittrex.zendesk.com/hc/en-us/articles/360034545191-Bittrex-Technology-Platform-to-Power-New-Bittrex-Global-Digital-Asset-Trading-Exchange-

From that we can conclude that they are closing "Bittrex International" in Malta to open another exchange called "Bittrex global".

The news may not be true as someone above said. Someone could have posted that to see the reaction of people. Or it came from a genuine source who wants to gradually break the news
4779  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Price Action in relation to Bitcoin on: October 12, 2019, 02:50:44 PM
You know the drill. When Bitcoin rallies hard, altcoins dump. When Bitcoin dumps, all the rest dumps too. But when Bitcoin is sideways, altcoins rally and some go their own price action.

Everyone in this subsection of Bitcointalk is waiting for altcoin season to come again. Some have already given up.

I will try to post my observations about the market relationship of Ethereum which is the current lead indicator of altcoin market health to Bitcoin's.



That is truly correct mate and that is part of reality we need to accept altcoins are always affected if bitcoin as goes dump in the market cap, sadly if bitcoin are goes up altcoins are too long time to waking up again their value to recovery.  For the ethereum I believe if the bitcoin are goes start to rising into the market I beleive ethereum follow to increase their price, vpbut of course is deoend to the market volumes.

It is because Bitcoin is the most popular cryptocurrency. In fact, many people still don't know other cryptocurrencies exist.

They first only know there is Bitcoin which is magic internet money to them. Second, they know it is a cryptocurrency. And the awareness stops there. So traders will always flock to the safest coin in bad times.

The bolded part is actually what I used to think while reading/hearing about Bitcoin & using it back then as newbie. When i dived in deeper I discovered I was using another cryptocurrency aside Bitcoin and cryptocurrency was much more than that.
So Bitcoin is basically the first cryptocurrency. It will be seen as the only cryptocurrency by non-crypto users who don't know much about cryptocurrency.
4780  Alternate cryptocurrencies / Altcoin Discussion / Re: Most stable asset or currency? on: October 12, 2019, 01:42:03 PM
USD is probably the most stable one. So you can use USDT which is pegged to/backed by USD. Not sure how stable gold is though. I guess you could keep your fund in both fiat currency and gold.

Bitcoin is a better currency in my opinion. If you take your eyes away from the volatility, you will see the usefulness and beauty of Bitcoin.
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