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4901  Economy / Trading Discussion / Re: Don't trade what you can't risk loosing on: April 06, 2020, 06:36:59 AM
Especially dangerous for those who are trading on Futures or Perpetual swap markets. Becareful with your funds!
If you are trading futures there is nothing called safe. Futures and Options is a gambling market. It is literally trying your luck on whether the coin is going up or down in future and the stakes are pretty high here. Spot trading volume is much lower than what margin, futures have in volume. This shows that people have the money to put in these but the risk is also high.

Of course one should not trade what they cannot risk to lose, but when the thought of putting in 100$ to make 10k$ you would not stop putting in something from your savings. You have to decide what to do there.
4902  Other / Meta / Re: Bitcointalk signsture on: April 06, 2020, 06:32:43 AM
Thank You for clarification, can you please let us know how we will get merit in this forum.
Let me make it clear for you. Merit will be awarded to your posts if they are having some substantial content and not a generic post which beats around the bush. So expect a very low earning of merits if you are determined to spam the forum and get paid from signature campaigns, though we have had many users who have earned a lot of merits even when wearing a signature.

Dont hope for merits to come, because they are awarded by merit sources who are also humans and have voluntarily entered this post or have received merits from other users. Just post normally and know that there is no hard and fast rule for getting merits.
4903  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When is altcoin season??? on: April 06, 2020, 06:28:16 AM
Altcoin season should come during BTC halving or once coronavirus issue fades guess market will be back then.
Very optimistic though. But the world needs to come out of the crisis first and then get the economic condition stable again. Opinions are divided among what is going to happen with the halving and its effect on prices now that the pandemic has occurred.

The halving will come as it has a fix schedule but the coronavirus might stay longer, God forbid, but I'm just trying to be realistic here as the its been spreading so fast especially in the US which is a major country.
True, the halving does not depend on the pandemic. It will come no matter what. So the expected pump that was supposed to happen before the halving may not happen at all. We might not see altcoin season at all this year anymore because the world economy is going to need time to recover.

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As in BTC halving its expected that the value of bitcoin will rise but it does not mean we will also see an altcoin season, it was never a guarantee.
In fact I am more of the opinion that altcoin season is a gimmick and just a false hope to altcoin holders. Wink
4904  Economy / Gambling discussion / Re: Gambling Business That Survives when a Crisis on: April 05, 2020, 07:08:35 AM
Mainly the sports betting sector of the gambling industry is getting affected. The live dealers and such are still working from offices as seen on Evolution gaming and so but things might change in future. But we can safely assume that the casino games which are working without any human support are going to keep running normally.

The problem will arise when the players play too much, they will be wasting money on gambling such that money for essential items start to decrease. Do not let this time become the bad omen for you. Gamble responsibly and keep in mind that this is a crisis situation where keeping your health and mind intact is more important.
4905  Economy / Economics / Re: Help of cryptocurrency in globalization. on: April 05, 2020, 07:04:35 AM
It is quite difficult to say how much blockchain can actually be useful for globalization.
It might not actually. But things are optimistic if you look into the IT farms and the Banking sector embracing development of blockchain and implementing it for their services. Soon enough the banks will become the pioneer in blockchain tech, unlike what the bitcoin users here think, in other words, the tables will turn in favor of the banks.

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In general, it should, because for the most effective functioning it is necessary to connect projects with each other, create synergy. However, there are a number of problems that are directly related to the types of blockchains, their speed, security and scalability.
These things are present with any new technology or method that is under development. The good thing is that tech companies work on them and try to modify things into working with speed, security and stability. Gradually we will see development and which if for the good.
4906  Alternate cryptocurrencies / Altcoin Discussion / Re: Too good to be real projects on: April 05, 2020, 07:00:42 AM
out there, there are so many projects that have done ICO / IEO that at this time haven't even made any progress. in fact, they continue to make promises and procrastinate by taking advantage of the situation.
They farm the finances in other words and look for a private deal to sell off the failed company to someone who is going to sell it again. It is a business tactic and since the investors have no legal power here the owners are doing stuff at their free will completely disregarding the people who wasted their money these projects.

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however, I'm also careful about things like that. even when a project promises something, and it is not fulfilled at a certain time, I might blacklist the project.
That is useful before investing in the project. How will you know that promises remained unfulfilled if you never invested in them? Of course you could follow their social media channels and get the idea but then if you are a non-investor just watching the project you will lose interest in them, generally speaking.
4907  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Sometimes hunters are to be blame on: April 05, 2020, 06:55:40 AM
Every hunters have the right to promote any project they want, either they will win big or small it's none of my or yours business, if I can recollect very well even a bounty project with small allocation turns out better than 100k bounty allocation
Of course they have the right to do that.

Be at the cost of what? Their time, their reputation - both if not more things are important to them. Using that time they would be able to develop some skills instead of hunting behind worthless tokens. Develop some skills that actually will be paying them a decent earning in future.

Thing is that most bounty hunters are in it for the payment. Very few care for what the project really is and what they are trying to develop in the first place.
4908  Economy / Gambling discussion / Re: Crowded Casinos - Play or not? on: April 04, 2020, 04:59:46 AM
It just give me stress, i would rather play at home for my own convenience.
Thats why the online systems were developed. In order to make people lazy and stay at home. Grin

No offense, just saying that it is a personal opinion of gambling at your home that makes you more addicted than playing once a while in a year at Vegas as part of tourism without the mindset of playing for win but only for fun.

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Try these online casinos that are trusted so that you can keep your funds protected. In this way if I won, I will not attract other people that might ask for giveaways. I heard that some online casinos have certain issues that is why I am very cautios to the websites I will visit.
You can trust the well known names on this forum. Generally speaking every new sites get scrutinized by this community before they play so any scams will be exposed very quickly and there is no end to the number of trusted sites here.
4909  Alternate cryptocurrencies / Altcoin Discussion / Re: How to escape loss as an altcoin trader on: April 04, 2020, 04:51:13 AM
Since you trade mostly in altcoins, as soon as your make your profits, sell them to stable coins or fiats, close that trade chapter.
You need to keep one side of the trade fixed. Maybe USDT can be a reference for that. But I think this is what most people are doing and its nothing new.

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If you are passionate about hodling bitcoin, always convert to usdt or other stable coins and be patient for a fair entry point. Because the market isn't running away
Just one coin to convert to is enough. But this is going to be a bit problematic if you are changing like Altcoin>Bitcoin>USDT. Instead just sell the altcoin for USDT because its price is fixed. Then buy bitcoin when bitcoin's price against USD decreases. This micromanagement is essential to keep track and becoming tired of it will not help.
4910  Economy / Economics / Re: returning to normal on: April 04, 2020, 04:42:29 AM
Every bad time comes to an end. This one will also follow the same route. The bad thing is that the world economy has and will be suffering for the rest of this year to come. I dont think bitcoin will be doing anything good this year and we can expect it to remain bearish for longer period of time.

The third world countries like always will have a devastating effect on their economy and they will take a lot of time to cope up with the situation. The important thing in such times to to learn how to keep a sane mind and not go off the track or take the law in your own hands.
4911  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying low selling high ain't always successful on: April 04, 2020, 04:39:15 AM
It's really easy to say but executing that very desire is harder than you could ever imagine I remember when I venture into this space earlier 2016 my mentor then was always giving signal and then he said buy low and sell high but I always buy low and sell lower lol
Well your so called "Mentor" was a scammer then. No hard feelings but you cannot trust anybody in this sector unless the person is known to you in real life or a close relative. Because there are scammers everywhere crypto being a non regulated asset class.

We have seen so many scammers use signals groups to scam newbies and there is nothing that can be done legally against them. Because they didnt force you to trade, you did so on your free will. It is better to do your own research and make decisions based on that. Getting rich does not happen by someone telling you how to get rich.
4912  Economy / Gambling discussion / Re: Gambling: process vs outcome on: April 03, 2020, 05:18:33 AM
Lottery is one of the games that people are not anymore interested on the process,
Yeah they are buying the tickets in hopes of getting rich quickly. It is what fuels gambling, they want to get rich and they dream of big houses, private jets, villas - so they try their luck. Grin

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I mean the project on how to win it because they likely rely only in their luck since this game is based on luck alone, if your have a winning combination number, you'll win, that's it, and for me, this kind of game is not quite interesting for me as it does not challenge me and due to its very slim chance of winning.
Thats why it is luck. You can win these games and the big jackpot. But how many tickets would you need? You will be spending more than what you actually win in order to turn the luck on your side because the odds are against you.

But nobody wants to look into these finer details of gambling before playing. They are just in it for the outcome or the win/loss.
4913  Economy / Exchanges / Re: Getting listed on Coinbase? on: April 03, 2020, 05:14:46 AM
Okay so its public knowledge that he is backing the project, but I mean like if he lists it on Coinbase he's basically using his company to get a return on his investment right?
Not necessarily. An "Advisor" might not list it there or may list it there. What you can assume is that Coinbase is a partner in this project and might develop something new using that token.

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Like im sure when he decided to announce it he had some plan to exit and get his money back, whether that involves listing it on the exchange that he owns.
Advisors have a lock in period. They will sell their stakes right when it ends and cash out. You will never even know when it happens. But again you can assume it is averaged at 2-3years after launch. Which means the more it gets delayed in being listed the worse price it will get once it get listed because one big whales just sold off. And this sale occurs both privately and publicly affecting the market.

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That is illegal right?
How far is legality and cryptocurrency going together? All these 11years of crypto and ICO scams are under-the-table deals occurring, have you seen any big name being jailed for such acts? Its completely legal here. You are playing with your money here and they are ready to take it.

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Wouldn't it be the same as if I made an investment into a coin while having inside information that it will be listed on binance for example
Again you can safely presume that he is an advisor here. Not just an investor. The big names are put in for their influence and in order to fool people into investing into these projects. Does it help the financing? Yes, apparently, these investors (<read "Fools") tend to forget their suspicions when a big name enters in as another investor. That big name is not actually an investor but an Advisor, like I explained above about lock in period.
4914  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Looking Youtube crypto influencers(good payment) on: April 03, 2020, 05:05:01 AM
This is a wrong place to ask for such services, in my opinion.

What you should do is look into youtube itself and search for crypto-niche users. They are the biggest influencers out there and here you will only find wannabe bounty spammers with a small youtube channel mostly with subscribers who are also bounty hunters thus making it a fake userbase to fool the team owners into paying them for their bounties.

What I mean is that you will find better cash deals which actually gain you a viewership and sales if you contact the real youtubers.
4915  Alternate cryptocurrencies / Altcoin Discussion / Re: How Staking Is The Next Step In Crypto on: April 03, 2020, 05:02:36 AM
Staking is not the next step or the next big thing.

Stop flooding this forum with such bullshittery where you try to prove your point but without any backing to your claim. If someone wants to stake their coin and that coins allows it, allow them do so at their free will, not promoting something that going to be a scam in future.

People here are easily swayed by such attempts where they are promised small passive income methods and they put in large chunks of money. In staking it is similar because you pay a premium amount and get some interest like returns every week or month. But nobody knows when one fine day that site will shut down and premium money will be gone.
4916  Economy / Scam Accusations / Re: [SCAM] Fake Ethereum Distribution/Bounty on: April 02, 2020, 06:33:44 AM
These things never end my friend. I appreciate the fact that you are posting about it but this is not really an accusation against someone on the internet because here people use loads of telegram accounts to set up usernames to fool others and scam them. It is not new for seasoned veterns to identify in the blink of an eye that it is a scam and it is also not new for noobs to fall for this scam.

As long as the "I want free money" mindset lives such scams will flourish and being an idiot never improves. Someone will get scammed and the scammer will have their share of money.

What happens afterwards, they create a new account and find out another victim and the cycle continues. The domain name may be useful to track but even then how would the local authorities track and extort the money? Ends up being a waste of time for the person claiming a loss.

Still I appreciate your work but I like to point out the futility of such efforts.
4917  Economy / Trading Discussion / Re: Trading vs. Investing. on: April 02, 2020, 06:26:52 AM
Correct, trading is just like gambling. It is very risky but if you know how to manage your risk it is also profitable tough.
You just contradicted your first statement. If trading was similar to gambling then there would be no method to make it into a profitable earning method. But it can be done so. Gambling is always going to be a loss for the player because they are fighting against the odds. Trading if done on the right assets and at proper times can end up being profitable.

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For now, while the crypto market suffers the sudden dump, I much prefer to HODL my bitcoin for the long term investment. It is the best time to invest and accumulate more than you can afford. Because you can't earn investing in Bitcoin in a short period of time. It needs to have patiently wait.
You can earn on a bear market too. It is called shorting but it needs practice. Check it out if you havent already. You could also bet on the prices and make money from that if you know where to find such bets.
4918  Economy / Trading Discussion / Re: Brought Bitcoin in 2017 and sold in 2018 on: April 02, 2020, 06:18:22 AM
This is a sad and disappointing experience if I experience it, because in Q4 2017 bitcoin has gone up very high and I don't know the reason you don't sell it and take profit. You missed a big moment. Hopefully the assets you hold now recover soon
The reason of not selling at that time is very simple to understand yet people act like they did not understand. It is because during a bull run the rise makes people blind and they think prices will keep on increasing even after a certain increase has occurred. The important thing is to sell while the bull run is still happening and not get greedy. Kind of like gambling when you need to quit before the red streak starts.

But even then there are still assets to hold and you should hold them till one breaks even at least. More bullish trends will come in future but you have to have patience and a lot of it.
4919  Economy / Gambling discussion / Re: Bitcoin and casinos on: April 02, 2020, 06:14:10 AM
Indeed, as time goes by there are many inventions out there that could benefit all casino platform. Nowadays many gamer are using bitcoin as their medium in every gaming casinos.
The numbers are increasing or not is still not backed without proof. People here say this without providing proof so it is still a speculation. Considering the fact that fiat has a much bigger usage that bitcoin, fiat casinos are the more in number and frequency. Maybe the number of bitcoin casino players are also increasing but that increment is very small. Otherwise we would have seen a big boom which is still absent.

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But there are some countries doesn't not welcome bitcoins as they medium in playing them, I guess because of it's volatile and everyday can change the value of it. Not just like fiat currencies that has a fixed value on it.
Thats is irrelevant in this case. A country where bitcoin is illegal does not come when you are trying to calculate the usage in legal form. Of course off the charts transactions occur but adding those into a statistical data would become tough.
4920  Other / Meta / Re:[April Fools] vaccine created by WO gang! on: April 01, 2020, 07:59:56 AM
You dont even need a vaccine for this. You will stay contagious for 1day only. One day 2 you have been magically cured. You can take my word for it. Wink
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