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481  Bitcoin / Bitcoin Discussion / Re: Preparing for a recession... Gold or Bitcoin? on: December 01, 2019, 09:42:53 PM
Gold all the way. Gold is timeless.

It used to be popular but all things come to an end.

Gold is timeless but will it be worth as much 20 years from now as it is now? It's enough for it to lose 20% and you will be in trouble and it can lose 10% in 10 years. Bitcoin could gain 1000% in 10 years.

My choice will always be bitcoin. I don't even own gold. You can buy fake one with tungsten so it's risky and Bitcoin is always genuine.

Bitcoin can't br faked because it's a digital asset, and unlike as what you said gold can be manipulated with any material elements. Some of them were plated and when you wanted it to be legit, that will cost you very expensive. Comparing it with bitcoin, you can purchase with small amounts, but with gold it's only limited due to availability on of the market supply.
When bitcoin increased amazingly, you can even twice or ten folds your holdings once it spikes rapidly.
482  Bitcoin / Bitcoin Discussion / Re: Maybe satoshi is dead on: November 30, 2019, 02:46:23 PM
No one knows,
He could be alive and dead.

It is also possible that he is keeping people informed that he is still alive because we know that he may have a threat to his life or that he may be used by influential people.

Whatever the reason, I can say that he is smart because he created a coin that has the potential to change the global financial trend.

No one lives immortally here in this physical world, and I thanked for this name Satoshi regardless if he's dead or alive right now. For sure nobody know where he have been these days, he'd opened the word of crypto for me for there's an opportunity beyond the reality of physical money unto virtual form which becomes worth of our spending.
If ever this man is not a real person or used anonymously by whales who controlled the world of crypto, I guess one of them who created Satoshi was already dead according to my personal opinion.
483  Economy / Trading Discussion / Re: Bitcoin Dump - The Worst Thing on: November 30, 2019, 02:16:54 PM
i think BTC will stay around 5 - 8k till march, then slowly rise to 17k by the end of 2020

Shitcoin will continue to die

Bitcoin has already shown its bullrun now and this will already reach the price of $8,000. Maybe tomorrow can happen, but in December it will be even more increased. My analysis says December will face a good move in November.

And I think shitcoin will never die but will continue to grow but there will also be dead.

Don't be too excited for this minor pumps mate, we need to be careful on what we see right now with the price movements. This was now becoming so unpredictable, it could bounce back and then suddenly drop so bad. More of us waited a lot of surprises in December, but still much better to be calm and easy while $8000 still stabilizing as preparation for good pumps of the incoming year 2020.
I don't care for shitcoins by now, what I am focused of was with bitcoin to grow consistently sooner.
484  Economy / Gambling discussion / Re: Have you ever done to experiment to determine percentage of winning? on: November 30, 2019, 12:20:54 PM
I think a lot of people have done this to make their strategy, especially in a making of a bot/script. No need paper, we can even link the site to excel or something with API to make everything automatic!

I don't think we can measure the percentage of our winning nor losing, because in gambling you can win and you can lose and that is gambling. Sometimes you will win because of luck and sometimes you will lose because of bad luck. I believe in luck especially when it comes to gambling and I am also buying some lucky charms in order for me to set and good vibes and good luck for me to win in each betting sites. My point is: it is impossible or else very hard to measure the amount or pecentage of a team if they will win or not or if you will win in your bet or not.
You can measure your experimental percentage of winning, of course, why not? For example, the theoretical chance of getting one side of a coin in a coin flip is 50%. But if you do that, let say in a 1000x times, of course, you won't get exactly 50%, but in the long run your result should be closer to 50%. I think this is what OP is asking.

This is good ways on determining the probability of winning, but in my own personal experience I only based on the trend on how it's match will go along the way. Theory was only a reference, it could give you more insight but cannot sustain because you should look on more factors which brings closer wins as well. Op asked us our mindset on this so, that's only be proven by experiences.
485  Economy / Gambling discussion / Re: How much of your money only needed for gambling and others is for family on: November 30, 2019, 06:54:23 AM
Gamble with only the surplus money you have - this is really easy for you to say but not for an addicted gambler. Most gamblers starts gambling with money that they can afford to lose. But, eventually they get addicted and starts gambling with whatever they have. Even if they don't get addicted, once they start losing, they lose their conscience along with their money. They now tries to get back whatever they lost but that ends up being a disaster. That is why I always suggest people who think they might lose control over themselves to not gamble at all even if they have money to waste.

We can't stop them because that what they wanted to do, and to those who've been addicted it won't happen if they don't allow themselves to fall on that situation. Self control can be applied if you're willing to take it personally, but it's not effective if a person isn't willing to adjust. That's making it harder to acquire, once you can't even manage your money for gambling needs.
486  Economy / Trading Discussion / Re: I am not lucky in trading - what am I doing wrong? on: November 29, 2019, 02:13:08 PM
that happens to a lot of people, not just to you. Just continue to practice trading with small amounts. When you average the times that a traders missed the right buy or sell point, I think most of us are more in the negative. Trading will test your patience and sometimes it will seem that you're just out of luck. Good traders set this aside and continue to learn. If you want to be an efficient trader, then you shouldn't  let setbacks dictate your general outlook towards trading. It's a continuous learning process.

Correct and he shouldn't lose hope for those loses since he might gonna come up with an idea on how to trade properly by those experience and the only thing he need to do is to prolong our patience,learn the statistical movements of the market and deprive our fear aswell extend our patience on it since if we master it for sure a lots of income will come unto us.

But also maybe if he don't have enough bankroll for possible losses maybe I suggest it to him to use the site who offered trial phase or maybe just monitor and learn the market flow.

How can we learn to trade with that ways you meant to be? Since the market hasn't able to come up at good value ever since crashes unfortunately dragged down all potential rising coins. Your advise is somehow a good strategy in getting the trial phase, but maybe I'd be doing that when crypto markets starts to recover. Meanwhile, I would try to focus on holding my asset even though it was not yet increasing at good value; at least there's always a chance while seeing cryptocurrency is trying to recover right now.
487  Bitcoin / Bitcoin Discussion / Re: Mass adoption of crypto on: November 29, 2019, 12:48:37 PM

The issue with this world currency is your wallet will be connected to you.  We will talk of the good ole days when you could head over to MEW and get 400 wallet address when ever you wanted.  These wallets will be controlled and your identity will be attached.  This is why KYC is dangerous and setting a horrible president.  All other forms of transaction will be made illegal.  Once this is in place the new power structure will be able to see every transaction and analyse it.  Your taxes can in effect be done for you at this point and there will be no hiding.  It will be the perfect tax trap.  Children can be taxed on gifts.  This can and will get extreme.


And this is the most scary part of your analysis.  Cry.
Most Exchanges now requires KYC for some certain amount of transaction and one day, they will turn all our data to the government and crypto will become centralised. Even a decentralised exchange called IDEX implemented that which shows that this space is starting to require ID verification for most things that we do.

What are going to be scared of? We need not to be worry all about if we're doing legit intentions with their exchange site. KYC just taking our legitimate identity as proof of existence. This prevents any possible scammers to come and trade with us, and become their potential victim. If this will bring good results for everybody, I think mass adoptions will follow because it increases demand and interest from new comers who desires to use crypto for their daily trading.
488  Bitcoin / Bitcoin Discussion / Re: Why Satoshi hides his identity? on: November 29, 2019, 08:50:29 AM
It definitely is very counterproductive. Hence why most of the community almost never takes these claims seriously, and lean more onto some people like Szabo and Finney to be the real Satoshi(as they don't claim to be Satoshi in the first place). It's pretty obvious that these claims made by multiple people only made the Satoshi claim for personal gain one way or another.

The problem here is that people always claim to be the real Satoshi, instead of being productive in the face of cryptocurrency and bitcoin, the most efficient way is to focus on how we could develop cryptocurrency other than proving we are the real Satoshi because it isn't helping at all. If the real Satoshi would consider showing again, then the only reason I could think is for him to fix if the protocol of Bitcoin experiences an exploit. But since it is already strong enough and can withstand challenges, I don't think there's any reason for him to come again.

 
Nobody can claim that they're the legit Satoshi, because it sounded ridiculous revealing a real identity despite that name hid for so many years just to be anonymous. Being Satoshi it doesn't mean a single identity, but a group of businessmen who came up to that code name of Satoshi Nakamoto. This was a hidden identity which cannot be opened to public and any disclosure of true identity cannot be traced because it consists of many people who've been a part of bitcoin's long time business.
489  Economy / Economics / Re: Future without Middle men big way, but big Question? on: November 29, 2019, 02:14:56 AM
Banks will never become decentralised, they are what they are and they will only evolve from time to time by adopting the new technologies. Middlemens will still exist in my opinion but will slowly reduce if major companies begin to turn decentralised.

That's possible when they're adopting to another ventures of a technology, there's another way implementing crypto decentralization. Fiat banks will always be focused on paper money storage, unless they'll be accepting digital currency or crypto deposits from their clients. On that ideas, the decentralized and centralized currency will be more efficient in terms of compatibility. People will have the options, they can choose to have digital or fiat spending needs.
490  Economy / Speculation / Re: Can bitcoin readh 10000usd this year again? on: November 29, 2019, 12:15:21 AM
A chance is there, we've moved to $13k so why doubt if it's possible?

If not, let it happen by next year. The period is shorter today, we have one month remaining for the year to end but there can be a lot of things that might happen within that period.

I would still be glad if that price will be achieved in 2020, and I'll also expect more positive results beforehand. As predictions move along the way, more great ideas came in whether it's an achievable value or not.
Chances is already there, but we need a stable market growth prior things will be put to normal situation just like what previous market in a green days behavior. Long term timeline is needed to come a certain motivations, so we're able to experience another outstanding market bounce.
491  Bitcoin / Legal / Re: Bitcoin Scam on Facebook Uses Identities of Singapore’s Elite to Swindle Users on: November 28, 2019, 12:26:56 PM
To be honest, this cannot be stopped as more and more Bitcoin scam companies are emerging and might use another celebrity's name and image without prior consent.
You will find more ways from scammers to lure people into investing in their shitty projects, there are many projects using fake team members and fake vouching and some are using legit business personalities without their knowledge, i have seen scam accusation and investigators here doing a good job hunting those scammers and contacting the person advertised to know whether they are really related to the project.

I don't think these people involved in a scam project will respond to the ways of contacting them. Investigators will always do their job according to the mindset of affected groups of people who've been their victims. Using the names of Celebrity was a more deceiving strategy coming from these scammers who used a platform stating that a popular celebrity is part of their team, unfortunately, it's was just absolutely lies. Swindlers can't be stopped, and the only to prevent them to intrude you as their potential preys is to avoid having transactions on unknown people. Always scrutinized if someone offers you any type of investment in order to prevent falling to the traps of swindlers.
492  Economy / Speculation / Re: Disturbing on: November 28, 2019, 07:51:09 AM
It already happened so many times and almost like China control bitcoin price. If you see some event in past, maybe Chinese Market usually be lead of another exchanges. I mean athough now the news that comes from China about cryptocurrency or maybe blockchain not really affect to the price, but sometimes people still believe it is very influential because of several events in the past.

Many people only believed what they've seen and hear at internet, and don't look into more developments on some aspects like positive news on bitcoin. We're only too focus with negative sides, that's why we fell with different struggling situation which isn't supposed to be happening. Their decisions always depends on what perspectives, and not from confirmed proof of evidences.
493  Economy / Economics / Re: Does halving really create deflation? on: November 28, 2019, 01:56:37 AM
As such there should not be a problem of deflation with Bitcoin, because the supply is increasing and not decreasing. Deflation can only happen if there is a decline in the total supply. That is theoretically possible, given the large number of lost coins (i.e coins that can't be spent, because no one is having the private key to access them). People are more careful with the private keys, but even now a lot of coins are getting unusable every month, either due to deaths (such as the case of Gerald Cotton) or due to carelessness.

In that case of deaths, of course untouched coins remained non moving because it's still present in the circulation. Good thing for bitcoin's supply that it was still growing because of those reasons. In case there's a secondary owner of that private access, that's the time those coins will be potentially moving and being spent if ever the main owner will be gone. Always keep the access keys secure, and  don't even expose that to anyone whose cannot be trusted.
494  Economy / Gambling discussion / Re: Real reasons to Why do you gamble? on: November 27, 2019, 10:14:34 PM
I am finding money in gambling, i want to win huge money someday and if that time comes i will quit and build a business to make my life stable. And in other view for those people who have more money gabling is a past time or to ease their boredome they are entertained while doing gamblin and money is not an issue.
The main thing I find for myself in gambling is getting pleasure. In the beginning, I even thought that I could win a large amount of money. I don't think so now and I'm just playing, enjoying the game.

Yeah it's a good pleasure if no funds involved with it, but I don't think having no money investments on gambling would be appreciated. However, enjoying it with lucky profit is quite exciting while performing the activity. Many reasons could come if you're choosing gambling as mode of entertainment, but what I believed that people expected their money to be doubled or tripled if they risk for lucky bets.
495  Economy / Gambling discussion / Re: Damaged salary on: November 27, 2019, 12:10:57 PM
Never gamble your whole salary it is not wise enough to do. When you lose everything it feels you are down and cannot move on easily. The decisions to make when at lose do not be desperate instead, plan to move forward and the next time do not gamble if you cannot afford to lose. We know in gambling it’s either you can win or lose, and also luck may come or not in your way.

If you're a responsible person, it wouldn't happen, but when you're not having self-control and yet, you're an irresponsible type of guy; gambling the entire salary is a possible. The most addicted gamblers only worked for money, just for gambling lucky betting without even thinking the value of their salary on how hard to earn by your own sweat. Always prioritize family budgets, and if you can't avoid betting for gambling then have it 10% of your salary as occasional allowance for gambling to minimize it.
496  Economy / Trading Discussion / Re: Problems in Bitcoin on: November 27, 2019, 07:54:32 AM
You will have to understand that this space is highly unregulated, hence you are made to agree when signing up for crypto exchanges that cryptocurrencies are very volatile and the prices are not been controlled or regulated. The market is still at its infancy stage still finding its ground in the mainstream, until then, things will continue the way it's now, there is actually nothing the SEC can do about this.
Decentralized, right? we must understand all the risks when joining cryptocurrency, including the risk of hacking, losses when trading or investing, market manipulation and the influence of certain "groups". If we have to really take into account every decision we make, we must also understand the law and how it works well.

Yes, it is often found in cryptocurrency, manipulation, hacking, losing valuable coins. All that must be prepared with all the risks. Investment and trading in accordance with what we often hear from investors because that's where we have to know how to optimize well. even investing without what we know is high risk.

Risking our money is worth for our investments once you're part of a trusted projects, or a coin that could change your motives in the future. Those things that makes cryptocurrency hard to obtain a good increase, is just a part of its growing process. We need to be more patient on things that frustrates us while watching our asset decline at bigger percentage value. Learn how to control yourself in order to survive.
497  Economy / Trading Discussion / Re: How anonymous is BTC/Can they find my name? on: November 27, 2019, 02:13:23 AM
Hi all

First post here on the forum Smiley

My wife made an account on Binance, made a deposit with her credit card, and then transferred 0.05BTC to a guy. That’s the only thing she have used the account for.
Now I’m going to receive some BTC on my wife’s Binance account, and he is asking for my name, but as told it’s not the same a on the Binance account.

The question is, are there some way that he can see what name the account was made in?

Have a great day
That's impossible unless you give it to him or the Binance itself give it to him. Bitcoin although can be tracked, your information is still anonymous in using it because it's decntralized and the location of sender or receiver can't be traced too. If you don't know that guy, don't give your real information to him because his intention could be negative against you.

Keeping our security as an anonymous to other people will always be a safe ways to handle things over when trading at any exchanges. Sometimes it sounded too shady if somebody required you to give full identication from you when sending crypto amounts. What's important is the address itself, and don't care of any legit identity to be provided to recipients because possible breaching of personal data will tend to happen.
498  Economy / Speculation / Re: How much can bitcoin cost in Future. on: November 26, 2019, 10:34:15 PM
Long term? Definitely it can soar to a price that we really can't imagine it can reach. Probably another all time high along the road, it's just a matter of time. We all know that the price works in a cycle here, so most probably 2023-2024 the year when everything settles down for a new all time high. Do some of you guys thinking that it can get to six digits?
As the supply is limited and the demand might get high in the future then who knows it will be there in such amount as long as bitcoin will be able to survive all the restrictions and banning of different countries and only adoption will happen then any amount will be possible in the future.

In relation to banning and other factors that hinders the increase of bitcoin price, we should be keen towards every situation. This issues behind bars will happen eventually, but I don't think it's a permanent decision because we don't know yet the reality of the scenario. It could be different story on their side, also it can be a stategy of big whales who controls the price or even manipulated it due to personal desires to acquire bitcoin at cheaper price and gain higher profit in future halving.
499  Economy / Speculation / Re: Bizarre crash! What cause bitcoin crash?? on: November 26, 2019, 07:34:05 PM
Its second major crash in 3 days going below $7000. What you guys think what cause bitcoin crash because i think uncertainty  of market makes bitcoin crash. I think many of investors should holding there coins and hoping for the best because bitcoin is a fighter and somehow manage to came back at number 1. What you guys thinking about this?

There's no exact and concrete reasons for this crash, one thing I realize about this with bitcoin was I am thinking that people always referred with predictions. It really contributes with our decisions, because it could somehow create a mindset. Early users can't handle their pressures and will easily get influenced on some news, making their own predictions without conformity on the recent market updates. That's how I view the current market, in contrast with the probable reasons why it crashes badly these few weeks ago.
500  Bitcoin / Bitcoin Discussion / Re: Paypal CEO Is a HODLr, but Only Owns Bitcoin on: November 26, 2019, 01:59:00 PM
Even he is a holder he will for sure not add bitcoin as a way to fund our PayPal accounts as it differs in purpose of being decentralised of crypto and PayPal being connected in banks and centralised platform. However PayPal can be used in many online transactions as many website credited the use of PayPal now a days without debate unlike in BTC now,but will have it's adoption too maybe soon.

No matter how much he is hodling still a great advantage for all of us that one of the CEO is seeking and bought CEO, it means that he have seen the potential growth and return of his investment in Bitcoin, it will be a good way as for sure he will recommend this to his friends, which are also businessmen and the mass adoption will continue to grow more and more.
It is good to hear that even the ceo of paypal is seeing opportunity in bitcoin and it is the reason why he have bitcoins and he keep holding it. There are also big personalities who bought bitcoin like bill gates, he admitted that he bought bitcoins and he claims that it is better than fiat currencies.

Although there's no clear statements that came from Bill Gates himself that he used to hold bitcoins, but the belief of many people strongly conclude that he's a part of the journey that we follow ever since. On paypal's ceo, I believed that he choose bitcoin investment because that involves a huge profit in the future. They foreseen more progress with this type of asset, and these rich guys won't risk their money if they won't be able to gather strong resources prior making a final decision for holding huge amount of bitcoins.
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