Bitcoin Forum
May 26, 2024, 08:46:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 [247] 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 »
4921  Alternate cryptocurrencies / Altcoin Discussion / Re: Can any other crypto replace bitcoin? on: July 12, 2018, 12:21:06 AM
There are many cryptocurrencies out there, the fluctuation is wide and big. There’s a need of a coin that uses a process to stabilize its value.

No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.

Do you agree???

I highly doubt it but the chances are still possible. What makes bitcoin the reigning cryptocurrency to date is its market value and usage among most investors and individuals. Since bitcoin is also used as the main currency for transactions under the blockchain technology (which provides unparalleled amount of security and anonymity) people take advantage of these factors for future transactions among peers.

In my opinion there is no currency that can replace bitcoin, because bitcoin has a huge demand around the world, bitcoin is also the most popler coin, so to compete or even replace bitcoin is really difficult and time consuming

Let us be open to all possibilities in the future as it is unknown and bitcoin may be replaced by another cryptocurrency depending on the scale of damage happened to it. If countries would start prohibiting the usage of bitcoin then this may slowly become obsolete. Expect another cryptocurrency to arise from such circumstance that will cater to our goals and need for the future.
4922  Economy / Gambling discussion / Re: The consequences of gambling on: July 11, 2018, 11:59:24 PM
There are dependencies. I mean if you are gambling way over your head and losing all your money that you need yourself than you have a serious problem. For the past years I have made enough money earning my coins instead of buying them and worked hard to be here but in the end even tho I gambled a lot I have never lost more money than I should.

I always put gambling as an entertainment industry and not something I can make money off. I always put money aside to go gamble with it. I had incredible amounts of coins at some points in my life and I could have gambled with it, when I lost I could have deposited more and try to win it back. I never did. If you don't know how to stop, gambling can cause toooo much problem for you.

Consequences of gambling is not that ordinary, based on real life because of gambling he lost his everything his family, love one, daughter, and friends.  He forgot that his family is there that need/seeking time from him.

He just gamble everything he have and the result is, he become poor, worthless and nothing. His business gone, and have a big amount of debt.

All ofour actions has its own consequences it is just base on the person on how you'll gonna handle it.
One thing is for sure, gambling will always have the 50 % chance that it will gonna ruin your life.

50% chance of ruining your life? I doubt so the quantification of such.

All individuals have a choice regardless of what the circumstances may be. Whether they are faced with something that is difficult for them to handle, they have the choice and the decision on what approach they should apply. People who blame it on the circumstances tend to look inward, rather outward from the perspective as instead of doing something about it they tend to blame it onto something.
Gambling, is indeed, destructive and chaotic especially if someone gets attached and addicted but you still have the choice to whether or not get back on your senses and do the right thing for your family (assuming that you have).
4923  Economy / Trading Discussion / Re: Short term vs. Long term investments on: July 11, 2018, 11:41:29 PM
I am bitcoin investor starting at q1 2014 and hold for long term is really worked for me. Short term investment will only work when the market condition at very bullish condition. For market like this we need long term vision and really be very carefull when we want to put our money on some project. But if this year we can comeback to $10k per bitcoin then short term investment will worked too. Long term for me is 4 years and short term is 6 month at least.

I definitely agree. Short term and long term investment into bitcoin will primarily depend on its market status and value depending upon the circumstances of each. They can be both utilized at the same time depending on the nature and time that you acquired/sold your bitcoins since people may yield short term income if its market value suddenly skyrocketed without any given notice.

For long-term, most investors generally are inclined into this perspective since they believe that bitcoins would be the future of cryptocurrency. Although the value might be volatile, they are at least hoping that its market value would reach heights if they use time as an advantage towards this opportunity.
Personally, it would be best if you allocate and diversify your investments depending upon the your need as an individual. If you are not in a rush in any way, then it would be best if you focus into long-term perspective but as a rule of thumb, never sell your investments to a price lower from what you acquired them.
4924  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: July 11, 2018, 05:02:00 PM
I think it's related to the risk vs return. Gold "Investment" is an "investment" with very low risk. I use quotes because gold is more of a hedging tool, not an investment tool. They will be more risk-averse as they get older, this is because they cannot recover from the investment losses like when they were young. While when we were young, we tend to be more risk-taking, because we can work harder to recover our losses.

Just to add, not to generalize older people but they tend to stick to the conventional/traditional way of doing things as they are resistant to change. For example, some old people ignore the use of gadgets and other technology since they find it confusing, whereas what they are currently doing is more technical and difficult from our perspective. Lastly, cryptocurrencies can be considered as an investment alternative which is 'high-risk high reward' and most old people stick to low risk type of investments. Although this may vary relative to each individual, but I based this primarily on experience and data.

i think it  is because they see gold and silver  as a precious things that has great values , so the will like to invest in it more than any other things ,so that they can get something precious like it.they appreciate gold and silver it give's them joy.

cryptocurrency in theory solves many problem that gold solved as well,but has not being tested in crisis like the gold do and come out successfully.

What makes gold and silver distinct from other investment alternatives is that it contains this innate value on them- which is made from precious materials. Unlike stocks, cryptocurrencies, and bank notes (although they are made from paper), the market of gold and silver tends to be less-volatile.
4925  Economy / Gambling discussion / Re: [Boxing] Pacquiao vs Matthysse July 15 2018 on: July 11, 2018, 04:09:15 PM
The Dude is done but i guess he can still sell a fight and make good money from his fame even though he might end up loosing so i think so long as he doesn't see anything wrong in tarnishing his reputation by loosing fights then we should leave him to make his money. It's good business dude!
Even if Senator Manny can still fill arenas, that doesn't mean its not the time to hang up the gloves yet. What Manny's camp should look at is his capacity to fight, can he still fight younger boxers and win. Manny is already a Legend and a future hall of famer. I would rather see him hang up the gloves while he is still on very good shape, than retire because someone knocked him out cold.

I am supporting Pacquiao against Matthysse in the upcoming match on 15 July because pacquiao is in good body language and can defeat any player comes in his way. It is the rules not to have a perception to consider your opponent not a loser of a poor competent and I believe that Mathysse can upset in this game. It is boxing and my choice is Pacquiao in this game, what is yours?

What makes Manny Pacquiao interesting is his play style, which you may find aggressive. His age does not hinder him from performing fights that people want to watch, unlike modern boxing which primarily relies on the scoring system (although I that should be the case but typically it's boring). My only concern is about his endurance, stamina and power since aging inevitably makes someone weak. Not to mention, his reflexes and dodging abilities tend to get slower as time passes by but with his experience, I believe that he will win this fight. Again, win or lose he will make a big bang of a buck.

Personally, even that we consider him as the people's champion, I am worried about his performance as a Senator in the country. People voted him in order to lead (although his qualifications are underwhelming relative to other senators) and fights like these tend to make him absent from most of the plenary sessions in the Senate. Hopefully after this fight, he dedicates most of his time into serving and voicing out the concern of people in our country.
4926  Bitcoin / Bitcoin Discussion / Re: What if Government bans Bitcoins? on: July 11, 2018, 08:47:38 AM
Each country has the prerogative to prohibit or to ban anything that they find threatening to the general public or for safety reasons. Before a country prohibits the utilization of bitcoin, they must provide concrete reasons on doing so in order to get their perspective towards the subject. Assuming that they ban bitcoin, the market value will depend upon the scale of damage the country has to offer into the said cryptocurrency.
For example, if the government of China (which is considered to be one of the largest country for crypto trading and ICOs) announces that they will no longer accept the utilization of bitcoin, expect the market value to drop significantly as their country is considered an integral factor to most ICOs and exchanges.
4927  Bitcoin / Legal / Re: Cryptocurrency Regulations - Philippines on: July 11, 2018, 06:30:30 AM
Philippines is now becoming a cryptofriendly, and this can help to boost their economy.
Despite of scams (Bitcoin Scam: https://bitpinas.com/news/php-900-million-bitcoin-scam-rocked-the-philippines/) happening around the Philippines they are still open for the possibility of adopting this technology, and the good news is Philippines is now granting a Licenses for the 3 crypto exchanges.

Here's the link: https://cointelegraph.com/news/philippine-special-economic-zone-grants-licenses-to-three-crypto-exchanges

I just hope that they will make a good regulations about this, and no politics involved about this thing. Smiley



I read this on the news and in fact, our thesis adviser is the consultant on the Cagayan Economic Zone Authority (CEZA) blockchain and cryptocurrency ecosystem and the first CEZA Financial Technology Solutions and Offshore Virtual Currency Exchange (CEZA FTSOVCE) Principal Licensee. With this being said, the Philippines is starting the current where they are adopting and licensing cryptocurrency ecosystem.
Although it may be beneficial, the exchange is limited to its scope that GMQ will have a back office in Cagayan and this would only involve cryptocurrency to another cryptocurrency.

Link: https://bitpinas.com/news/philippines-ceza-grants-offshore-cryptocurrency-exchange-license-gmq/
4928  Economy / Speculation / Re: What we can expect from bitcoin for the future generation? on: July 11, 2018, 04:19:44 AM
There are a lot of implications when we think about cryptocurrencies dominating the future transaction of payments as the world slowly transcends to this ideal. Cryptocurrencies, in general, are intangible and exist digitally. Bitcoin was the first cryptocurrency that was utilized under the blockchain technology and it provided the anonymity factor into transactions. Slowly, its value became volatile which made it an investment option/alternative for the public.

What most individuals fail to realize is the potential of the blockchain technology since they focus too much in bitcoin, whereas the blockchain is where the real technology begins. It was a revolutionary invention wherein it eliminates the need for intermediaries since all transactions are build from trust. In this technology, network of computers protect each block in order to avoid the tampering of data and information (which people can easily do currently).

Since bitcoin is only a fraction from the blockchain technology, I see it as something that countries would utilize in making an alternative currency for people. Since change is inevitable and we are slowly shifting towards the digital era, I see our conventional fiat currency changing digitally once the other requisites are met and if countries would start adapting and accepting it to their system.

Again, this is the ideal situation in the future and this is what I view from my standpoint.
4929  Economy / Gambling discussion / Re: What currencies do you gamble with? on: July 11, 2018, 03:10:47 AM
Basically 90% of the time it was with BTC.

I don't like gambling with other alts but the other alts that sites accept I usually don't hold.

Back during the transaction spamming where you needed like 500 Sats/byte to get a transaction thru the network I tried coins like Doge and LTC.

Now the transaction were cheap but going back and forth between these coins was annoying.

This is why I really wish some casinos finally started to use Stablecoins like TUSD or USDT. However I asked many admins and due to legal reasons they don't want to get involved with tether.

We both share the same opinions and preferences. I mainly gamble with bitcoin due to the fact that most of my resources are on this currency and I prefer going big than going small. Not to mention, when you gamble with bitcoin the returns are relative to the amount that you gambled with but with its volatile price, I can actually make a small profit from gambling. Although gambling might be risky in general, only gamble with the amount of discipline that you have in order to avoid addiction, which will eventually shift and transcend to a whole new problem.

I usually prefer to gamble with main coins, Bitcoin, Litecoin and Ethereum due to my favorite sites accept them, actually many of them accept these coins. Recently I am also thinking to play with other altcoins.
Why this is important to you? Don’t you see the disadvantages of putting in most fantastic coins in most weird source? Do better for you unless and until you don’t let yourself down. And believe me if you carry on with this investment in this thing, you might be able to ruin your life successfully. Then even your regret wouldn’t be helping in any way. Things are good, don’t make them worsts.
I always play traditional gambling because I like it the most instead of online gambling. Therefore I use my local currency for gambling. I do not gamble a lot and for some time gambling I think cryptocurrency is not sensible. Other reason is the trust. I do not trust online gambling and in online gambling I cannot use my local currency, that’s why I only gamble in real casinos.

There are various websites that offer online gambling and they have been in operation for about years. If you have issues with regards to trust then you might want to check and try other online gambling sites that have a good reputation on it. Online gambling is relatively convenient and easier compared to conventional gambling wherein you need to visit casinos in order to purely entertain or profit yourself.
4930  Economy / Services / Re: [OPEN] 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Sr, Hero, Legendary] on: July 10, 2018, 05:55:40 PM
Bitcoin talk name: qwertyup23
Rank: Sr. Member
Current Post Count: 973
BTC Address: 3BMD1MTeBBm1cJDfYYrMWKxt7YZHtHcwL3
Wear appropriate signature: Yes
Wear avatar: Yes

(Avatar seems to take a while to upload)

I would like to re-apply my application for the next campaign. Thank you very much for the opportunity!
4931  Economy / Trading Discussion / Re: What are the reasons why you must take risk in crypto market? on: July 10, 2018, 05:53:35 PM
You have to take some risk in life to achieve goals, and yes taking risk means also that you will fail sometimes. Failing makes you stronger, learn from it and do it better the next time.
Without failure we would never have accomplished the things we have now and will have in the future. Its part of the evolution of mankind.
So risk is needed but always be in control, so don't risk all your money in this case Wink.

Good luck

Although it revolves around risk, there are methods in order to mitigate the risks involve into investing or trading by studying/observing the market or by keeping updated into current events and news since the market value of most cryptocurrencies are dependent into these factors. Like what you mentioned, people who achieved success risked most of their lives into their dedication towards their passion and goal. But investing/trading without knowing anything might be suicide and the results may be relatively negative in your side if that is the situation.

Do your job as an investor to study the market and know WHEN to invest and to WITHDRAW depending your goal as an investor whether for short or long-term perspective.
4932  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: July 08, 2018, 04:54:31 AM
I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?

Cryptocurrency electronic wallet can be possibly hacked if hackers have the necessary information for them to initiate such method. Like what happened to South Korea, it's largest cryptocurrency exchange was hacked and the value lost worth $42 billion causing the price of bitcoin to decrease significantly. Although the subject might be an exchange than a wallet, I believe that it is relatively easier to hack a wallet than a whole exchange.
But if we are talking about the blockchain technology itself by altering and tampering the information, it is impossible for someone to steal and to copy another bitcoin's key as the blockchain is protected by a network of computers who regularly monitors the transactions.
4933  Economy / Gambling discussion / Re: Life with a Gambler - Solution! on: July 07, 2018, 06:01:00 PM
Ahhh, I'll never forget what I experienced before 4 years ago when I was still living at my grandmother's place. I have an uncle who was well-off before. He used to treat our family with stuff and unexpected surprises, not to mention his lovable and caring attitude. He had this wonderful girlfriend who cherished him for 7 years until the day came that he lost his job. At that time, everything started to fell and his life revolved around vices like drugs, gambling, and other relevant stuff. Our family tried to support and help him despite his downfall but the ultimate decision on whether he would fix himself relies upon him only.

Last July 6, 2013, I almost got killed by my own uncle who tried to stab me using our kitchen knife JUST because I did not let him borrow any of my money to pay off his debts due to gambling. Unfortunately, I did not tell my mom about the whole story as it may aggravate the situation (he was living inside our house and mom's house was beside- we have one lot and land) and I might get myself into trouble as he threatened me. As years passed by, we tried to help him by putting him into REHAB and by providing him with all the necessities and things are getting back to normal. Although slowly, but the current was going through that kind of positive light.

The moral of the story: despite any difficulties and hardships, when people are at their lowest point they judgement becomes clouded and makes them irrational and indecisive of the decisions that they do. Although I am not invalidating and defending him from what he did to me, continuous support from your family and UNDERSTANDING from both ends would result relatively to a positive impact.
4934  Bitcoin / Bitcoin Discussion / Re: How does bitcoin affects your emotional and mental aspect of your life? on: July 07, 2018, 05:15:15 PM
Emotional and mental aspects are commonly interrelated to each other. It commonly deals with our mind and heart. They can't be isolated and one can't remain solitary. In mental viewpoint, it really enable us to think whether it will be great or not. Your understanding will going to test your passionate angle. Bitcoin's impact is interdisciplinary, along these lines what we feel, will be what we think.

Personally, bitcoin has significantly impacted my perspective when it comes to earning alternative money. As a college student who has limited time due to studying, the presence of campaign signatures and the opportunity to invest provide me the potential of earning income while not compromising my time and studies. Not to mention, my college degree (major in business) has helped me into understanding the market more with regards to investment and withdrawal of coins. Lastly, bitcoin has supported not only my personal life but others who I influence as well into investing into the said cryptocurrency.

it has a lot of cause and effect when you were in crypto world . Its really stressful but you have to go with the flow . When i was a beginner its really hard , everytime i get scammed i feel like i don't have a chance to be in this world but i still manage to stand up and learn  new things because in every failure you will learn . Use those experiences to strive more

The best teacher is always experience. You grow and mature more due to our mistakes and we take that as an opportunity to learn and to avoid doing it. Investing, in general, is risky as it involves risking your money into something that has no guarantee of making a profit. Not to mention, cryptocurrencies in general are a type of 'high-risk, high-reward' system. Only risk the amount that you are willing to lose in order to mitigate the damage from incurring due to loss or market failure.
4935  Economy / Gambling discussion / Re: My CS:GO betting journey. Started with $150 on: July 06, 2018, 01:58:19 PM
congratulations for the winning streak you get ,, but can you give some free tips that we can follow that you can put in this thread? because maybe if you provide it and the free predictions work, we may follow the predictions you give and allow for you to sell some of your predictions

Well like any conventional sports/esports gambling, the only tip that I can think of is to be updated into the current rosters, teams and standings of each in order to know who has the highest win percentage and potential out of the rest. Like what OP suggested, it is advisable if you join and collaborate with other enthusiasts as well in discords and other relevant social media sites.
Back then, I tried gambling most of my CSGO skins (which has a value of around ~$60) and I doubled all of my gains and went all out in the best team, which eventually caused my bankruptcy.

Only gamble the money that you are willing to lose- as gambling is all about luck (with sports/esports game based on skill and luck).
4936  Economy / Services / Re: [OPEN] 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Sr, Hero, Legendary] on: July 06, 2018, 05:15:45 AM
Bitcoin talk name: qwertyup23
Rank: Sr. Member
Current Post Count: 973
BTC Address: 3BMD1MTeBBm1cJDfYYrMWKxt7YZHtHcwL3
Wear appropriate signature: Yes
Wear avatar: Yes

(Avatar seems to take a while to upload)
4937  Economy / Economics / Re: The influence of hackers on the movement of price is crypto-currency. on: July 04, 2018, 09:25:33 PM
Very often with the news, we read that hackers kidnap the currency of crypt from private wallets, as well as hacking crypto-exchange exchanges and withdrawing from it a huge amount of crypt money. These cryptо currencies, probably, are sold at a price below the market price. Do you think hackers affect price movement at crypto-exchange stations?

Hackers play an significant role into the price of cryptocurrencies. As we all know, the blockchain technology is an unparalleled piece of security wherein it eliminates the need of an intermediary which makes every transaction safe. Now if in this notion that we see a system that is built for perfection, suddenly was hacked and tampered with despite being monitored by a network of computers, this would notify the public creating an uproar in social media and resulting to a continuous chain wherein it effects the number of investors coming in/out in the market.

Not to mention, when an ICO gets scammed and hacked, this creates this mentality among investors that they will not risk their resources anytime soon due to the weak security given. Hackers can cause havoc into the price of cryptocurrency and may result to a significant decrease on the price.
4938  Bitcoin / Bitcoin Discussion / Re: CHILD PORNOGRAPHY IN BITCOIN on: July 04, 2018, 07:42:35 PM
I am actually amazed on the application of child pornography and how it is linked with bitcoin to be specific. Well if we are talking about the blockchain technology as a whole, its financial legdger may be written in every block which eliminates the need for an intermediary. To be honest, the downside of having a perfect transaction system wherein we rely on trust is the abuse and anonymity factor. Although it may bring benefits, there are also some negative implication when we adopt a widespread of implementation into countries. That is the main reason on why some countries prohibit the utilization of such.
4939  Economy / Gambling discussion / Re: Is Fortune Jack a Scam or are they Legit? on: July 04, 2018, 05:35:59 PM
Anyone get paid by them?

Fortune Jack has one of the pioneers of online gambling as it has been around for years in the industry. Fortunately, I was given the opportunity to participate in their campaign signatures and they frequently release updates about their betting site. The weekly pay that I got was reliable and fast (which further strengthens their stand) and the online customer support were frequent in their messages.
I tried gambling once and I lost (due to my greediness) but I did yield some income along the way. For their validity, you might want to ask and check their website for further information about them as many people here in the forum have tried their gambling site.
4940  Bitcoin / Bitcoin Discussion / Re: Cryptocurrencies Can Never Replace Fiat – Says EU report on: July 04, 2018, 04:58:00 PM
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has come up with a report on cryptocurrency entitled “Virtual currencies and central bank’s monetary policy: challenges ahead”. The finding of reports shows that cryptocurrency will not replace fiat currency, even in the long term. https://bit.ly/2NeLgLr

If we are going to implement the current system of bitcoin and shifting to this kind of payment, the world is relatively immature to handle such technology. Some  underdeveloped and developing countries find it very difficult to implement and advance their technology since their priorities focus on different aspects. Shifting into a digitalized form of currency would render significantly large implications as it would be costly to some.
The world is still in its embryonic stage wherein adapting this kind of system may be beneficial to the rich but chaotic to the poor countries. The economic discrepancies between developed and underdeveloped countries pose as the greatest obstacle in the development of this ideal payment.

I believe that in the future where countries would slowly shift into the digitalized world, currencies would change from the conventional fiat to the digitalized ones (can be bitcoin or can be powered by the blockchain).
Pages: « 1 ... 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 [247] 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!