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4861  Alternate cryptocurrencies / Altcoin Discussion / Re: How Much Worth of Projects IEO's listing in Exchanges? on: December 25, 2019, 04:57:48 PM
Binance itself was 50 bitcoins as far as I remember, that was of course during the early days of their DEX one, I don't know how much it is today, it ranges from at the top 50 bitcoins and goes as low as free but usually averages around 1 to 10 bitcoins on almost all middle exchanges that are not horrible exchanges but neither binance level of volume neither. If you can spend 50 bitcoins on binance, I would rather see it on 5 other places that are semi-decent instead of just binance.

Reality is, if you are good enough and you can attract enough people to your coin instead of getting attention by being listed, you will be listed without you paying anything anyway, do you think ethereum pays anyone to be listed? or eos? those are all added for free, all coins should aim to be like that.
4862  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Advocate Jeffrey Tucker Praises Ripple's XRP on: December 25, 2019, 04:07:07 PM
I can't fathom to think going as low as "praising XRP", it is not even a real currency, it is just what a company uses for transactions and that's it, in itself it is not a currency that you can use or should have as an investment. Ripple is using XRP just for the funding and transactions of their real company, all the money that team makes, they make it thanks to their blockchain and not because of their currency, all the deals all the contracts were all given for their blockchain not for their currency.

Do you think if Ripple makes millions of dollars in profit, a single of that comes off as dividends to the coin owners? It is not. In order to praise XRP you have to have a ton of it and wish to increase the price in order to sell and get away from it, there is no other logical argument for it.
4863  Economy / Trading Discussion / Re: Quick Noob Question about Traders on: December 25, 2019, 11:03:14 AM
I have 1.8 btc in total from two different trading sites. Its stored there. On somedays the websites work and is fully operational. hustrade.com and waxcoins.com

Does it have to do with server?

I know I might be answerings this question for myself, but it never hurts to ask.
Meehn, seriously, how do you guys even come up with all these dumb websites? Shocked Shocked Times without number it’s being said that as a newbie you should start with sites like Coinbase. Coinbase is a friendly site and everyone knows about their exchange because they have been around for a long time and one of the most secured cryptocurrency exchanges we have.

I don’t even know how you came up with these two waxcoins and hustrade, did you even do a research before buying bitcoins and storing on these sites? Because from what I have seen, Waxcoins exchange is a big scam and they have a very bad rating on TrustPilot. Hustrade is also a scam, I will advise you to look for a way to withdraw your money or you will end up being sorry for yourself. Your choice though.
4864  Economy / Trading Discussion / Re: Do you ever trade at work? on: December 25, 2019, 07:00:46 AM
Do you ever trade at work or trade on your work computer? Any reason why you think this might be a terrible idea?
For you to be trading at your workplace, I guess it depends on the kind of work you do there.
There are jobs that wouldn’t give you an opportunity to be doing another business that doesn’t have anything to do with the company.

Imagine that you’re working an office job in a big company where there are lots of work to do, you wouldn’t be saying things like this. Even if it’s a restaurant that you’re working at as a chef when do you think you will have such a time to be trading cryptocurrency when there are lots of customers trooping in and out of the restaurant? You wouldn’t have such a time and if you try it your employer will get your a$$ fired!

Trading cryptocurrency should be your side job that you do after your day job and that’s when you get home.
4865  Economy / Trading Discussion / Re: Help in Trading on: December 25, 2019, 05:15:41 AM
I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
The way you have explained this just shows that you don’t even know much about trading Angry. Becoming good in cryptocurrency trading takes a lot of work and not just a day work, you will have to practice for quite some good time and also do your research to understand how the market works.

There are reasons why you are not profiting, I am not going to mention overtrading although it can be one of the reasons but let’s start with not managing risks properly. This is common among most traders I know, and explaining this is a whole lot of article. It’s why I said trading is not a day work, it takes time to get perfect. Another reason might be that you’re not preserving your trading capital for good trades. You don’t just jump on any trade you see, if you continue like that you’re most likely to end up with loss.
4866  Economy / Speculation / Re: When is the perfect time to sell BTC? on: December 24, 2019, 06:33:29 PM
Shouldn't sale all depend on what you do with your life? At the end of the day some person can wait until they die and inherit that to their children, some people may hold until they retire and sell it to have a better retirement, some people may save until they buy one thing they have been wanting and some people just buy/sell daily.

Honestly, there is no X price to sell bitcoin that makes sense to every human on earth, that is not possible because we are all different people with different needs and wants and wishes so the price to sell bitcoin for all of us changes. I personally want to have a million dollars, I don't care what the price of bitcoin is but if my bitcoin worth ever comes close to that I will definitely sell, this doesn't work out for everyone for example.
4867  Economy / Speculation / Re: Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst on: December 24, 2019, 05:43:17 PM
"Unlikely" is the right term for this issue, $5k is looking more and more unlikely with time, we haven't been under 6 thousand dollars ever since that uptick in April. I don't know if we will ever see those prices in history of bitcoin again but it is too soon to speak since the prices look to be about the level where it could nose dive and destroy my logic but I just feel just as the same where bitcoin is not going to drop that much.

We are getting to new year now and there will be a lot of people all around the world who gets an extra payment as new year bonus, the names are different everywhere but usually there are a lot of people who get some bonus, if some of those people actually end up buying bitcoin as well, we might actually see bitcoin over $10k solid this time around.
4868  Economy / Speculation / Re: Plustoken owners may be driving down the price of bitcoin - Chainanalysis blog on: December 24, 2019, 04:12:34 PM
If the stories are true and they have manage to get away with 2 billion that would have been a bigger news than just a topic here. We are talking about 2 billion dollars! Just to rephrase that, less money (like under 100 million) stolen in anywhere around the world makes headlines globally, if someone steals 100 million dollars in anywhere around the world, you will hear about it on your national news channels for sure and no way it can be hidden.

We are talking about 2 billion dollars here, 2 BILLION, with a B. However if that was the case, even after that they would have hard time keep mixing it because they would have been either found or even maybe murdered for their money. Now to be able to steal 2 billion + get jailed + still go through mixers is basically impossible.
4869  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: December 24, 2019, 06:21:12 AM
Some withdraws are instant (well like 5 minutes or so to show up on blockchain) however there are some that can take hours. Basically there are a few elements to this and one can be the withdraw amount, another can be a new IP, new withdraw address, 2FA reset, etc.

I've had this happen before when I wanted to make a withdraw to a new BTC address or when I did some security changes such as changing password/2FA. What will happen is you will usually get an email and you need to reply to that email to confirm that it was you who made the withdraw.

Sometimes this email ends up in spam and most people never notice it. Hence the OP to this issue should check their spam/junk folder and see if there was an email from Fortunejack Support. Once you confirm the withdraw you should get it pretty quickly.
It is actually quite good for them to do something so careful when the topic is withdrawals. I know you think you will never be hacked but there are people who are always looking out new victims to steal from and you can always be their next target and will never know about it.

I had millions of mails about third world country people trying to log into my account for example all around crypto casinos, I usually go for the same name everywhere which results with them testing different things in all platforms until they notify me so I change the password to something even more difficult and they usually give up and comeback in couple days once again. So, withdrawals being so secure could cause them to take longer and I know that is not something you would want but it is worth it considering all security involved.
4870  Economy / Gambling / Re: Stake.com SPORTS BETTING NOW LIVE! 🏀 ⚾ 🏈 🎾 🥊 on: December 24, 2019, 05:30:26 AM
Oh! It is nice to know what the max bet would be, there is click right on top of the "estimated pay off" or whatever it is in English, I use it in my own language but it is the thing that shows how much you will make if your bet will be a win. It is not a number by the way, it is a button that says "max bet amount" or something and when you click it your bet suddenly becomes the max you can bet.

Obviously it changes depending on the bet because right now I can bet only 36 ethereums on one single NBA game, which is of course way less compared to 51 bitcoin bet that dude made. Tried adding couple more games and you can wager even less because if you win you are getting a ton more money. So it must be for some special games where everyone bets that you can wager that much money.
4871  Economy / Gambling / Re: Wixiplay.io is rigged | one in ten million session | fake PF on: December 23, 2019, 04:29:21 PM
As long as these guys find a way to recover the current system and fix it to a level where it is fine and not risky, I doubt it would be a problem in the future. If anyone had any troubles with them in the past (after the fix) they could still claim scam accusation and they could still clam whatever but after it is fixed nobody could say anything about it. So, the good decision would be to fix it as soon as possible for the website, if not people are still playing at a risky place with shady provably fair until it is fixed.

I don't agree with the notion that every website has the same system, look at primedice which is over 6 years old, which means technology was there for the past 6 years to build provably fair that is actually provably fair and nobody complained about theirs.
4872  Economy / Gambling / Re: ♨️🎲 WINDICE.io 🎲 0.2 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ on: December 23, 2019, 01:10:42 PM
Congratulations to the winners of the contest!


That was some HUGE betting. The first three combined wagered 40 bitcoins. I think this could be some sort of record for the gambling competitions, don't remember when was the last time I have seen a competition that ended with the top 3 in a combined 40 bitcoins ( I have seen first place with more than 40 bitcoin but usually the second and third is horrible).

Windice knows this competition thing very well, hiddens are getting out of hand here as well and seen too many "hidden" ones in other places as well specially wolf.bet but here at least we can count on the yoloer and rodolman who have been in top three for many times together and rodolman who have managed to win the competition more than anyone else. These are great results. Personally I always lack the courage to try, I don't know if I can be in top 10 or even anywhere before I run out of my bankroll, I just don't trust myself enough.
4873  Economy / Economics / Re: Stock To Flow Model: Modeling Bitcoin's Value with Scarcity on: December 23, 2019, 10:51:39 AM
We should not also forget the fact that even tho there are bitcoins that are mined every single day there is also fact that some are locked for people to use in exchanges that we can never really calculate.

There are probably close to over a million people by now (making up this number, don't have any data) that have money in some exchange that is not used at all and exchanges can't use that money neither since it is owned by other people so all in all it becomes a way where bitcoin is stuck there doing nothing, it is not lost and it is not sent to somewhere wrong and nothing is done badly to them, they are just locked there for future use or even maybe long term holding which means bitcoin is even more scarce than we can imagine. Who knows how many people just put bitcoin into a USB and locked it in a safe?
4874  Economy / Economics / Re: The future of banking industry in blockchain on: December 23, 2019, 09:02:01 AM
Banks are already working in hand with crypto companies as we speak right now.
For example, in my country ripple is working with two banks to help them get their transactions faster and cheaper.

Yes, I don't like ripple but that means banks that are working with ripple are looking into crypto and if they succeed and get better deals thanks to ripple they may also start to hire more blockchain developers themselves and move into in-house system which would be awesome.

Banks will not become blockchain based over night, that could never happen, these are trillion dollar goliaths that are super high end, it will take years before they could even slightly alter anything, even digital banking took over 10 years to reach where it is right now and we still have a long way to go, but as long as it is in the path right now that means we will get there eventually.
4875  Economy / Economics / Re: Crypto vs stock markets on: December 23, 2019, 03:01:57 AM
Looking at the stock market right now I can say that the elections could really hurt the stocks a lot. The top is fighting to keep Donald Trump at bay because the reality is that when "economy grows" under trump term the rich are getting richer and poor are getting poorer but there is nothing that shows how poor are getting poorer and GDP doesn't get reflected since rich are still getting that money so the average goes up but the rich shows how they are getting richer with the stock market going up.

So, the decision is this (even tho it is horrible for the general public) do you think trump will get reelected or not? If he gets reelected I feel stocks are a better investment, if he doesn't get reelected then crypto is better since stocks will probably go down.
4876  Bitcoin / Bitcoin Discussion / Re: Who holds the most bitcoins? on: December 22, 2019, 07:45:58 AM
I have always thought that Satoshi Nakamoto holds the most amount of Bitcoin, but I don't really know if I'm right, but starting from when I was a newbie in 2015, a lot of people have always mentioned him as owning the most Bitcoins around 1.1 million BTC.

The next I know of is the Winklevoss twins (Tyler and Cameron Winklevoss) that are said to have sued Zuckerberg for stealing their idea and creating Facebook. They were said to have gotten $65 million, which you mentioned, in 2013 and invested $11 in bitcoin. I also heard that one Ross Ulbricht who was a key figure in running a dark internet marketplace was busted by the FBI in 2013 and they seized 144,000 BTC from him. So, assuming that never happened, he would be one of those that owns most BTC, so now I'm giving it to the FBI, lol.

We can't really tell who owns the most BTC, but let's just say that Satoshi Nakamoto owns the most of it. Another thing you have to know is that not everyone likes fame, so there might possibly be people that owns a lot but decides to keep it a secret so they wouldn't be in public eyes.

Recently, I read a discussion here about coinbase's wallet but that is the collective amounts of its users. If we are not looking for individuals but organization then I guess coinbase could be the one entity which holds more number of bitcoins.
4877  Bitcoin / Bitcoin Discussion / Re: Is This Why Bitcoin Suddenly Rebounded Yesterday? on: December 22, 2019, 05:38:38 AM
Coin Shares researchers found the average cost of mining a Bitcoin is approximate $6,300. So, the price jumped to $7,300 yesterday. And it’s profitable for the miners Forbes report said. What do you think?
I don't really get this, can you link me to the article? I don't really see how the mining fee has anything to do with Bitcoin price rebound. I have been following up with analysis from top analysts, like Dave that predicted last five months that the price was going to drop to $6000 and his prediction is accurate.

He came back recently and said that there is going to be an increase and that bitcoin will be going for a wild run, though some analysts have said it's not true, but I still believe he's right. He also tried to back his analysis with factors that weekly Gaussian channel indicator is bullish and that crypto bounced off the 0.5 Fibonacci retracement level of $3.2k to $13.8k range, which hints at bottoming price activity.
4878  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: December 22, 2019, 02:24:35 AM
With all these heavy expenses sponsoring many teams all over the world, I think Sportsbet is not yet making a net profit. The company is making a big introduction in the betting world and is not yet done. Too bad the Chinese government is unfriendly to bitcoin. Sponsoring a US team would be cool too. The long term effect with this kind of marketing is big. Probably it can land Sportsbet in the top 10 best bookie.  
We have no idea how much money they are making. They could be in a loss and paying out of pocket right now to get as many people to gamble here as they can and these could be all just a tactic for marketing but remember that sportsbet.io is not a brand new website, they have been around for a while now and this is bitcoin world, there could be people who have lost hundreds of bitcoins in a second here as well because there are many early birds who spent couple thousand to make millions of dollars from bitcoin who do not understand the importance of keeping it and spend it here.

Long story short sportsbet could be in profit, I am not saying they are because I have no idea if they are or they are in loss but you shouldn't be certain about them being in a loss neither, only they can talk about it.
4879  Economy / Gambling / Re: Stake.com SPORTS BETTING NOW LIVE! 🏀 ⚾ 🏈 🎾 🥊 on: December 21, 2019, 07:16:01 PM
Anyone else feel like the challenges are really really hard? I can see a lot of people posting it in forums of course,,, but I have not yet won. Just only come close haha. I am not complaining of course,,, I believe if my computer and internet were faster I would be less frustrated!

Anyway, a lot of giveaways happening everywhere now. Christmas is good for gamblers;)

challenges are called challenges for a reason Smiley
sometimes they are more difficult , but most times they are doable , just need patience and time
of course , this is not charity and they are barely EV+ for you , but usually still are
the idea behind the challenges is both give back to the community and make sure gamblers know the games and get engaged
challenges always had that "it looks too difficult to achieve" look but then there has always been tons of people who claim the prizes at the forums. I mean there must be some people (I can't give a number) that as soon as seeing the challenge they have enough money to dive right into it and try their best OR the best case scenario is that they are using a bot and putting these challenges into the bot and as soon as the bot manages to hit any challenge at all the bot stops and notifies them and they go ahead and claim the reward for it. Otherwise there is no way in hell something so difficult for manually gambling to be claimed this many times by people.

Yeah, there could be few people who gets lucky but 20+ people claiming something very very difficult means they must be using some third party software for it.
4880  Economy / Gambling discussion / Re: 2020 NBA Season on: December 21, 2019, 05:11:20 PM
I loved watching pelicans versus warriors, that game was a lot more entertaining than people realize it is.

I know we love watching the super stars that are making insane moves and we love watching teams that are candidates for championship but in the end pelicans are bunch of kids that got together and been playing for a while and warriors are bunch of almost g-league level talent players with some decent NBA level players thrown in together and the game came out to be amazing.

There was no decent defense I can tell you that and I know some people like defense (I do as well) but there was no need for that much of a great defense, it was obvious that teams wouldn't be making as many shots as some other teams even while not guarded amazingly so it became more of a "lets see who sucks most" type of deal and both teams gave their %110 into the game which made it entertaining.
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