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4881  Bitcoin / Bitcoin Discussion / Re: Beware of fraud crypto analysts! on: April 11, 2020, 07:09:46 AM
they are only good at making speculations and nothing else.
Something that even a layman can do after knowing the meaning of every term and having watched the market for a month or so. Then they go on advertising themselves as some financial advisor. Suddenly this person is so famous because they run a telegram group and gives out free and premium technical advise. Sounds familiar? Its the same scam some people have been pulling off. The worst thing is that they even give out their premium "advise" for free after a while once people have paid for it. Nice way to scam.

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I am not going to be mentioning their names, but they are the ones that will come on Twitter and say that the price of bitcoin will soon reach $500,000 and be deceiving people and when things don't go as they have said, they start whining that bitcoin is fake lol.
There are also the propaganda shills who plague reddit and make r/btc sound like r/conspiracy.
4882  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the new method of "Initial offering" this year? on: April 11, 2020, 07:03:20 AM
Only those who have previously invested in very risky ICO projects invest on such exchanges. There is a category of people who have a very weak mind and therefore they believe in the promise of big earnings and time after time lose their money, while they convince themselves that they are simply not lucky.
They are the ones who buy into these schemes and get scammed off their money or go down an unending spiral of downtrend in the market while holding on to a shitcoin whose owners told their investors to f-- off and go away. Thats how this ICO thing works and has worked till date. People want to take the risk of money money but do not know the consequences or the legal aspects of such sales.

But the trend has reduced to some extent in the recent years and I hope to see a gradual regulation about crypto and its sales along with exchanges who are running IEOs or asking for huge sums of money for listing coins.
4883  Economy / Trading Discussion / Re: One of the Best Weapons in Trading on: April 11, 2020, 07:00:20 AM
Perfect technical analysis, this very useful when you are using a trading bot and you know when to stop-loss by having a right manual set on the trading bot.
Bots have built in stop loss options to be set by the user. But you can always trade without a bot and setting a stop loss, if the platform you are trading on has such an option during placement of the order.

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We all know that the crypto market is very volatile but at least we can create technical analysis like this that maybe possibly gives an accurate result. Predicting is useless if you don't have technical analysis.
Technical analysis does a 50-50 thing to prediction. It does not always predict the market correctly because of several variables being into action and many news and partnerships happening between companies that makes the market move. TA is based on the assumption that market is trading as per an undeviating market psychology, which is not always true. You can buy low and sell high but you wont need TA to tell you that. TA is used more by the day traders.
4884  Local / Marketplace (India) / Re: Recharge for BTC on: April 10, 2020, 02:09:48 PM
Can i recharge any mobile number outside the country using Bitrefill ?
If the carrier is listed on Bitrefill then you should be able to recharge it. But for a more specific answer I suggest asking the Support chat on their site or their Telegram group admins.

Link to telegram group is in the previous message.

They have an account here too you can try PMing them - https://bitcointalk.org/index.php?action=profile;u=389306
4885  Economy / Economics / Re: Cryptocurrency can not replace fiat currency. on: April 10, 2020, 06:43:21 AM
but nobody can exclude Fiat currency because it exists within the market
Crypto also exists within the market, if I am understanding your statement correctly. It is just that crypto has a cult followership and not a bigger market share than fiat.

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you're right that crypto was already fiat
That is a wrong usage of words. Fiat is used to denote the currencies that these world countries have been using as mostly paper bills and includes the digital payments too that are in those currencies. Bitcoin came in 2009 and then it was an alternative method of transaction.

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and employed by people Fiat lost its place after the crypto arrives but now many are fiat currencies.
Wrong statement. Fiat never lost its place but lost a very small part of its market that was taken by crypto. But that small part is almost negligible as per statistics.

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That's why we both need work If crypto may be a fiat currency then we'll be privately owned in two ways.
A decentralized currency cannot be privately owned but a centralized currency is controlled by certain institution(s). That is why the community likes to go for the decentralized coins like BTC over the centralized ones like Ripple.
4886  Economy / Gambling discussion / Re: Any Casino with good Investment Returns? on: April 10, 2020, 06:36:12 AM
I recommended to you instead of investing your money to the gambling websited who have investment platfroms why you should invest and buying more coins to the market because price of the coins dumped so it is one of the good time to have coins and personally when I compared my earnings to the gambling investment to the trading I earn more a lot of being a trader.
In this situation where the markets have tumbled and uncertainty is in the air, the safer mode of investment if you have liquid cash at hand is the passive income method and the only one such method which is a legitimate one and not a scam is the casino bankroll investment. The reason is because of the lockdowns in many countries people are looking for methods to kill time and dont bother spending some money for that. That is why the usage of online streaming services have increased and the use of online gambling sites.

The gamblers who are at home currently will spend on gambling and thus chances of their losses is more. If you bank on the casino right now you have a good chance of making a good profit out of your premium investment - you will understand this if you know about casinos bankroll investment system.
4887  Economy / Trading Discussion / Re: Compliance exchange or decentralized exchange, which one do you prefer? on: April 10, 2020, 06:31:32 AM
There are more and more centralized exchanges, but less and less trust. Which one do you prefer between regulated compliance exchanges and decentralized exchanges?
How about waiting it out till there appears some regulation among crypto exchanges as what should be the average listing fees and the average listing time. We have seen exchanges cheat on ICO project owners, even if the latter are nothing but scams, asking for exorbitant sums of money for listing their coins. They have no chance but to move to a less known more suspicious exchange for allowing trading of their coin.

Decentralized exchanges do avoid this situation but the scams will never decrease. Since the owners of DEXs remain anonymous in most cases they are hard to track down without cybercrime support. Even then recovering the funds is something that nobody is capable of without bruteforcing the private key.

The legal aspects of usage and trading of crypto is what is needed next before anything can be done in this sector.
4888  Alternate cryptocurrencies / Altcoin Discussion / Re: Need help in baunty. on: April 10, 2020, 06:26:08 AM
I understand that, I just have more confidence in bitcointalk companies than in cheap telegram advertising posts.
You are new and thus filled with this false sense of enthusiasm.

Let me tell you that scams are not moderated in this forum and anybody can create a scam ICO and collect the KYC data of thousands of "bounty" hunters of this forum many of whom are legitimate people in the pretext of giving a big reward for those who complete the procedure.

What happens after that is the account who promised this reward goes AWOL leaving no trace of data anywhere and the bounty hunters are left hanging. What essentially happened is an identity theft and their KYC data is now up for sale on dark net markets.

Would it not better for you to not participate in bounties that ask for KYC? Thing is they do this after the bounty tasks are completed, so from the hunters perspective, after doing so much work, they just want the reward - the scammers are looking for this desperation and banks on it. This is how grim the situation is.
4889  Alternate cryptocurrencies / Altcoin Discussion / Re: How to escape loss as an altcoin trader on: April 09, 2020, 06:50:24 AM
Your strategy is perfect. This is what I also do a few times that I have traded. Sell off and then convert to a stablecoin. I like to use Tether as my stablecoin of choice. Also, I can peg whatever token on buy order and allow it to trigger when price get there.
Well no strategy is completely full-proof or perfect. There will be pitfalls but these will be understood clearly when the strategy is being actively used.

So it is always theoretically seeming correct but errors do pop up and so trading will incur some losses on the part of the trader. Using a stablecoin as a central pivotal reference does have its consequences.

The Tether is not completely trusted to be a part of the cryptocurrency ecosystem but I think you can use it to your own advantage. Still the problem is Tether breaking down and getting hacked or stolen is always there.
4890  Economy / Economics / Re: Help of cryptocurrency in globalization. on: April 09, 2020, 05:33:35 AM
Transactions will be uniform through internet access and those money laundering will be minimized already because we are already in charge with our own finances.
Does that not seem too much of an ideal honest people doing honest transactions theme? In other words, it will be not completely that way. Surely blockchain keep the ledge public and money laundering is somewhat prevented, but black market deals are always happening and crypto has been used as a method to avoid taxation and launder money. So it is not ideal and there is nothing currently being done about it. Maybe law enforcement to some extent is working on methods but thats a long story now.

Globally the use of bitcoin is still limited to certain countries. It will take for that to increase in number.
4891  Economy / Trading Discussion / Re: The right mindset needed for all traders on: April 09, 2020, 05:20:39 AM
Discipline is hard to achieve and we should focus on having it especially if want to profitable in the volatile market. Being a discipline trader is all about following his plan where he follows to cut his trade if it achieve the invalidation levels. Being discipline trader can help us to earn profit and avoid major losses.
Nothing is hard to achieve if you have the determination. You can become disciplined on your own rules as long as it works. You dont have to follow some well known "guru" and their preaching to become disciplined. Have your own code while trading and follow that, doing so is the key objective of being disciplined.

But being so will not be something that is fullproof. You will lose money and that is a part of the trading experience. Some days you will see green across the boards and make a lot of profit, other days will not be same. So important thing is you need to be versatile and very flexible about losses and profits.
4892  Economy / Gambling discussion / Re: Reputation at stake will you stop gambling on: April 08, 2020, 07:37:15 AM
I think heres where the anonymous crypto gambling wins everyone. No gambler would stop for what other people think. If they have to pretend that they are not gambling, they would secretly indulge in crypto gambling sites online of which no one would ever know.
The privacy associated with online casinos is what made them popular against the offline, brick and mortar casinos. Then came the cryptocurrency casinos so the only thing that kept your name linked to bank account and using that to deposit money was also erased due to the pseudo-anonymity of bitcoin and altcoins.

But of course you will be known by people gradually if you let your gambling habits get the better of you. Whether one needs to control that or not is their choice but morally on should control if their reputation is being questioned.
4893  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Some basic advice for a newbie please...? on: April 08, 2020, 07:25:15 AM
Im looking for the best app to use to buy/sell on, is it as simple as transfering $ to an app (any advice on which one would be great - im in canada)
Binance and Coinbase are available for now. Look out for newly developed apps too but be careful about depositing there without knowing whom you are sending money to. Scams are common here and there is nobody to seek legal help from it you get scammed. However these two are trusted enough. Now it is not as easy as sending dollar to a digital payment method. I dont know how much you are aware of cryptocurrencies but you need to get yourself verified with a KYC/AML if you want full control over sending and withdrawing money to banks and so. Moreover you might face problems with banks if they are not compliant with crypto. So check with local residents of your country before signing up.

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buying the type of coin i want to invest in then ideally selling when it gets to a level i am hoping it does?
That is a different topic altogether. Bitcoin and altcoin market are very unpredictable. You have learn how to read indicators and then its a roller coaster ride. Simple answer, read the charts, buy low, sell high, hold till you reach a target and dont panic because anxiety is what runs this market.

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Im looking kfor access to the broadest range of coins, lower fees and high security if that helps any in recommendations?
All these are ideal conditions and there is no such app which is ideal. You have to try them out and see which one suits you along with what I wrote above.
4894  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Dogecoin payments using api on: April 08, 2020, 07:20:05 AM
You can use coinpayments API https://www.coinpayments.net/apidoc-intro
Coinpayments charges 12DOGE for On-Chain transfers and 0.5% for Off-Chain.

Another on is BitPay API and the Coinbase API.

There is an ongoing discussion already here, I myself learnt about them from it - https://bitcointalk.org/index.php?topic=5238347.0

I guess this is a new problem with using block.io so these threads are coming up.
4895  Local / Marketplace (India) / Re: Recharge for BTC on: April 07, 2020, 01:35:05 PM
You can use Bitrefill.

https://www.bitrefill.com/india/?hl=en

I had used them about 2-3years back and at that time the only thing you could recharge was prepaid phones. I topped up my carrier using them. You have to just wait for the transaction to be broadcasted, I am not sure about whether it is zero-confirmation deposit there nowadays but even then just wait for the 1confirmation and the payment should come through.

When I tried, it was pretty fast once the first confirmation came in.

If you still have any questions you can ask here - https://t.me/bitrefill
4896  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency vs. Fiat currency. on: April 07, 2020, 06:06:48 AM
Well, that's a huge advantage that crypto doesn't have. in addition, trust in fiat is greater than crypto. moreover, people are more dominant looking for cash, even when they use crypto, they sometimes use it to improve their fiat.
The simple way to understand this is that fiat has been here since years and systems of payment have been developed to become more in a digital landscape just in the recent decade. Of course the acceptance and usage of fiat is much higher. Crypto has its own niche usage and a cult following. Majority of the people who use crypto are in it for the long term value and not transacting on it. Storing crypto for its value is becoming more important for the next generation and the current generation.

The future is unknown but people are optimistic about bitcoin being used more in transacting than just hodling or trading.
4897  Economy / Gambling discussion / Re: Longest Break You Have On Not Gambling on: April 07, 2020, 06:03:27 AM
That is the right place for people who want to search for a peaceful place without an internet connection. Not all people who can do that, especially if they don't connected with the internet, and you are the one who can do that.
Just book a vacation to a well known place and you are all set. Indeed it is important to return to such places at times because a continuous gambling spree does have its bad effects just like too much of anything is always bad. Unwinding is an important aspect of life and lack of it does lead to problems.

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I think that could be one of many methods to learn about controlling ourselves, stay calm because we can feel boring while we stay there.
Soon enough one feels the urge to go back because they are missing their work. That helps fuel the user with a new enthusiasm to do their work even better. Now how much this has effects on gambling is not known to me, but it will be good if you are trying to reduce the habit of gambling.
4898  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin antifragile? on: April 07, 2020, 05:55:57 AM
It comes down to the same discussion of whether bitcoin will be the safe haven of money if the world economies collapse. The answer is No, which might sound like a stab in the heart for the bitcoin users, but the hard truth is to be accepted.

If ever economies do collapse, like DarkDays says, like another depression, people will focus more on buying stuff for feeding their stomach and just surviving the days. The concept of investment comes when the basic necessities of life have been dealt with, not the other way around. So those who even had some bitcoins would sell those for liquid cash to use for buying stuff they need.

Then again, the acceptance of bitcoin is non-uniform if you look into the world maps. So it is out of the question of whether bitcoin is antifragile or not, It is fragile, like any other asset.
4899  Economy / Trading Discussion / Re: Trade and make a profit in a Volatile market on: April 07, 2020, 05:49:55 AM
The Idea of making profits using high Volatility and perpetual swap contracts looks beautiful from the outside but the whole ugly truth is hidden on the inside. People are always getting liquidated or making have losses when they enter wrong positions.
Yeah these topics are just promoting the hidden mindset of the risk takers. Since the market is moving in a downtrend recently, though this morning it has become bullish, brokers are advertising their services in a biased way to make these fools think that they can make more money than just spot trading. I hope you have seen the movie "Wolf Of Wall Street" - you will understand it better then.

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It's not a bed of roses and definitely not for the faint-hearted. Before joining Margin trading, always know that there is also a chance of making great losses in the shortest time possible
In fact brokers or in this case exchanges make majority of their money from margin and leverage. Futures and Options are also profitable for the exchange not the person playing on them. Of course some do profit from it but it is a type of gambling.
4900  Economy / Gambling discussion / Re: Do you keep track of your gambling? how? on: April 06, 2020, 06:40:22 AM
I can see some users suggesting notebooks and excel spreadsheets. But the real truth is something different.

As soon as you run this for a month or so you will realize that you are actually losing more than you are winning in a proper scientific evidence which you have recorded on your own. This will either have two effects:

1. If the player is an addicted gambler, they will deny the evidence/record and throw it away to continue gambling, hiding the fact that they are going broke.
2. If the player is a wise gambler, they will accept the losses and either move on or reduce their habits.
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