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4941  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Big money moving in next year, means greater demand for DEX projects? on: November 02, 2019, 06:16:41 PM
I know that privacy coin are the future and not even because of bull run, because they are the ones who truly represent the cryptocurrency market along with bitcoin also because of their decentralized technology.

DEX is actually supposed to be the exchange that we should be using, but I don’t know reason why people have abandoned DEXexchange for centralized exchanges, because looking at what the cryptocurrency really should stand for, I think that we were never meant to even have anything like centralized exchanges other than DEX exchanges, but I think that people are beginning to be opened to DEX exchanges too as they have seen that many of these centralized exchanges do not really have any future plan for us other than to control us like the way banks are controlling us with all these KYC thing.
4942  Alternate cryptocurrencies / Altcoin Discussion / Re: Will China start Altcoin Season on: November 01, 2019, 01:36:09 PM
In my opinion many Chinese are feverishly opening accounts right now to invest
Chinese search engines are reporting the Chinese are searching this topic feverishly!
If these guys start investing in the projects that are on the Chinese list of preferred projects I don’t need to tell you what will happen.
Indirectly now, we are talking of china beginning to support cryptocurrency with full force now and it is a good thing that they have ranked the coin, this will enable their citizens to make the right decision as regards any investment they are doing in cryptocurrency.

The list of coin that they have here on the site is still not very far from the top list coins that are already known, so I am sure they are not being biased about their judgment, the only ranking that I don't so much agree with is bitcoin. I don’t know the criteria that they see in making that list but when it comes to volume, functionality and community strength, I think that Bitcoin is still stronger than all of them and should really be ranked first in place of the EOS that they have right there.
4943  Economy / Gambling / Re: MintDice – Bitcoin Casino With Online Slots, Bitcoin Crash & Bitcoin Investment on: November 01, 2019, 11:31:18 AM
The reality is poker hand dealing will not be able to implement with seeds. In the end there needs to be a deck and there needs to be a shuffle and there needs to be a deal, all of which combined can't be provably fair when it comes to seed and proof which is why poker is not provably fair.

Now, don't get me wrong, dice was not provably fair until it was so there could be some method one day, some developer would find a way to do it and he would implement and they would fix it and make it provably fair but until someone finds that unknown method for now there is no provably fair poker in the whole world.

It is still fine because as long as it is a legit website and the odds are at the relm of reality there is no problem at all, so I can definitely play poker without worrying about it.
4944  Economy / Trading Discussion / Re: How to multiply your bitcoin during consolidations without investing more cash on: November 01, 2019, 10:58:34 AM
So, what do you guys think? Is consolidation over? Are we still facing a bull market?
What makes you think that bitcoin consolidation has even arrived for it to be over, I don't think that we have even smelled the tip of bitcoin consolidation because during the time that bitcoin consolidate is when altcoins enters their season, and if I ask, have you see any slight recovery for altcoins? When bitcoin gets to that stage of consolidation, you will know, and no one will tell you when you see that all altcoins starts to moon in value.

It is this period that many people have been waiting for and that is the time I am waiting for also, I am hoping and praying that bitcoin goes sideways ,m so that we can get our investment out of some of these altcoins that have tied it down for a very long time now, especially some of those top altcoins.
4945  Economy / Trading Discussion / Re: Automated Cryptocurrency Trading for Beginners on: November 01, 2019, 07:59:27 AM
Automation is good for traders that are busy and can not spend most of their time to trade all day. But those traders which use automated trading method should also realize that profit will be reduced since its been traded by a bot, they wont be able to partake in any BTC sudden surge in price.  And in order to be safe traders into automated trading should take out time to also have knowledge about crypto trading no matter how little it is
One of the thing that we are able to control using bot is emotion which one of the greatest enemy of emotion is actually greed, which is why bot is still very much reliable in managing this aspect for people and I think that people may still not lose out in all these surge if they are very smart in thinking about business. Anyone using bot ought to have thought far and out two and two together to actually not miss out of any of the train.

When I was using bot to trade, having out this challenge into consideration, what I did was just to split my fund into 3 parts, one for the bot trading, another for long term investment and the last of it for a moment like this when we will experience suddenly surge, then I pull out, at least this one does not require much staying on system to monitor price, people will definitely announce it.
4946  Economy / Economics / Re: So much for cashless society: cash is gaining in popularity on: October 31, 2019, 08:03:58 PM
   I wholeheartedly agree that the world may not be ready for a cryptocurrency as a store of value. Cash is way easier to handle for the common Joe's of society. The only way that I can see people running to cryptocurrency is for a major institution to introduce it to the public. I Don't like the fact that Libra is centralized but it may be the only hope for the entire world to be educated about crypto. I've always wonder how would I explain the concept of Block-chain and Bitcoin to my grandparents or the younger generation without putting them to sleep.
  Many people won't touch cryptocurrency period unless it has an institutional stamp of approval on it. The people that I do see adopting are the impoverished who have nothing to lose and tech enthusiasts. Libra could be that answer that get peoples feet in the water. Whether they decide to take the plunge is up to them, but at least their feet will be wet.

You really underestimating what can be achieved with Blockchain/Cryptocurrency.
it's very possible to bring millions of people to cryptocurrency in a short time. I believe some know this can be easily done but have some pity for governments. Any great developer who does not care could easily attract millions of people in a short time without breaking the law. 
Sentiment aside mate, it will really not work in this society for us to fully rely on cryptocurrency since they all have to solely deal with internet to operate, because like someone rightly said in one of the post I have seen in the forum, how would the children and the grandpas and grandma cope with the technology when they want to make payment for things, and you know that for a child to even develop to be able to use some of these things, he will get up to 16, while even a 5 years old child will be able to handle fiat.

No matter how technical the older ones was when they were young, there brain will stop carrying the tech when they are old. So we still cannot throw away cash completely like we all assume. It is still needed to be used along with the cryptocurrency.
4947  Economy / Economics / Re: Can you share Bitcoin percentage in your portfolio? on: October 31, 2019, 05:44:34 PM
Currently in my portfolio do not hold too much bitcoin. Although its value is increasing, it is too small for capital as small as mine. I usually use most of my capital to invest in potential but underestimated tokens or coins.
I only keep about 7.93% is bitcoin.
If you are talking of the next 10 years, it has nothing related to the bull run, because we will surely have bull run before that 10 years and which if you leverage your coin in the next bull run which I am seeing it happen in 2020, you will make your money.

If government is going to crack down on bitcoin, they will not be wicked also not to have it announced and form their announcement, you can start taking the necessary step to safe guard your investment which I ever doubt if the government would dare try to crack down on bitcoin when they are also beneficiary of bitcoin and other cryptocurrency proceeds. If you want to leverage, that should not be a problem but I will ask you to please be very careful not to leverage beyond what you are capable of controlling.
4948  Economy / Trading Discussion / Re: Buy now Bitcoin today on: October 31, 2019, 04:44:34 PM
For those who have not bought Bitcoin, at this time it is still not too late to buy Bitcoin, if we look at the graph provided by OP then we still have the opportunity to buy BTC. I am still confident that the price of Bitcoin through ATH this year is $ 13,000, although it has not been reached yet, but before ends this year, it will be reached.
The best opportunity to buy would have actually be that time that bitcoin fell to $7500, but because of too much doubt and uncertainty of people, they did not take advantage of that opportunity while some where listening to some of these unserious people who are calling for bitcoin to drop further to $4000 from that $7500.

Unfortunately, they have seen the surprises of bitcoin, and how bitcoin really do not react to speculation that much, and if care is not taken by them also now, they will still miss out of this presently and not being able to invest in bitcoin when it is now about $9k because the nest line of uptrend that I am also suspecting is for bitcoin to reach $13k, so I would not know if it will be the last increase or not, but very optimistic it will stay at that.
4949  Economy / Gambling / Re: WOLF.BET - Provably fair dice game $1,000 Daily Race7-day streak bonus on: October 30, 2019, 05:49:28 PM
~snip~

Rome wasn't built in a day

They are now adding more features to dice, and that's okay if you ask me. At first, it was slow and crashing after some time with out of memory errors, eating tons of cpu. Now it is fast, rock-solid, and easy on the cycles. If they instead decided to add more games without making just one working, that would only hurt their image as people tend to remember negative things more strongly and in greater detail. Have you not noticed that folks here are no longer complaining about technical issues with dice itself? Now it is more like "why that dude won so much and we don't know what his username is?"
No, I meant some people said "wolf.bet is a dice website" and mine was a respond to that. I never said I want them to build different games in a day, that is not what I was trying to say.

I was just responding to people who said wolf.bet is a dice website right now and they have been for a while so they should keep focusing on the dice game and all that and I was just trying to point out that there are websites with dice in their name that started to make other games so why wouldn't wolf.bet focus on adding another game eventually, it doesn't have to be right now, it doesn't have to be in the next 6 months all I care, hell they don't have to have any other game if they don't want to, HOWEVER if they want to add another game there is nothing that stops them, it is all their decision and I would support it.
4950  Economy / Economics / Re: The U.S. Government Tried To Shut Down Bitcoin on: October 30, 2019, 04:57:20 PM


I would be hoping to see Trump also hurrying to regulations and probably the blockchain adoption as well in US for they will be behind with what China had been doing in the couple of years because there had been so much developments of projects related to blockchain and cryptocurrency. Tradewar is going to be tougher if they are not going to hurry.
I think that US has actually been destined to lose the power, so they should continue to fight cryptocurrency or not open their eye to the positivity of blockchain technology while they allow china to fully utilize this opportunity and if care I not taken, china will actually take over the blockchain technology as they have been building probably a giant system already on blockchain, and we could see how effective china input is on this.

Just a statement of their interest in blockchain is what really made the value of bitcoin to spike few days ago, and we can imagine how much the market will boom if they eventually release their own Blockchain. There is nothing that china can do again to really short down the system of cryptocurrency, I think that it is already too late to do that.
4951  Economy / Economics / Re: Bitcoin freelancing is dead? on: October 30, 2019, 03:14:31 PM
It was theorized that Bitcoin will help alleviate poverty by allowing people to work online without any restrictions, but on practice this just isn't happening. In your opinion, what is the reason for this?
Was that what satoshi really promised in his abstract or what we chose to believe of bitcoin when we got to know about it? And I think some of these misconceptions of bitcoin are caused by the people that actually introduced it to us, but we should have ourselves made findings on all these before we openly broadcast it.

There are so many benefits of bitcoin, and it is left to us to actually explore it and use it to our own benefit which may intend alleviate poverty, but the sole work of bitcoin is to create a peer transaction. Since the market became tight a little, it is been difficult to get bitcoin freelance jobs, but there are still other ways like trading that you can use to still make your daily income from bitcoin if you learn how to really do so.
4952  Bitcoin / Bitcoin Discussion / Re: Bitcoin Richlist on: October 30, 2019, 10:46:30 AM
I have two question-
1. Exchanges are being the giant although BTC holding by them are from customers. Still it's possible that they are trying to be a controller of the crypto community which is very bad I guess.

2. If top 50 people hold 50% of BTC and BTC becomes the global currency, we may face once again the previous era. Being slaver to certain people.

Think at from the point of macro economy. In my opinion, it's something we need to talk.
Like you said, it could be owned by exchanges, but that does not mean that it is the exchanges that own everything, there are still going to be people’s bitcoin on them, and remember that there are many traders using some of these exchanges, which they have to keep the money in the exchange wallet and I believe that this would be part of the reason why we have limited number of people holding majority of the coin.

This could actually be a problem anyway, if the holders of these coins are individuals, it could still cause inflation, but I doubt if individual would actually be the one holding more of those cryptocurrencies, and don’t forget that the only way it can work against us is when government makes it the only currency of the world, otherwise, people would shift attention to altcoins making those bitcoin holder to lose.
4953  Bitcoin / Bitcoin Discussion / Re: 5 Reasons McAfee’s $2 Million Bitcoin Prediction May Not Be So Crazy on: October 29, 2019, 06:05:30 PM
I am surprised that you of all people too could believe in this madness, and look at it yourself, how is it possible for bitcoin to reach such amount next year, what possibility do you see from these factors that you listed here, bitcoin scarcity fine will lead to price surge, but the only thing that can cause bitcoin scarcity is when there are no more miners of the coin which I don’t see that happening at any time.

Secondly if all the coins has been successfully mined, then this issue of scarcity can come in, and There is no institution that will pump such amount of money into the market, not even the combination of 10 institution together, so forget that aspect, and bitcoin halving can only surge the value of bitcoin to at least $50000 and not even $100k.
4954  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: October 29, 2019, 04:45:52 PM
Yeah, when things look like it is calm down I love to play on NBA, the teams have been showing their true colors each passing day and I am loving it, when you are a soccer fan even when there is a international European cup games and champions league and what not during the weekdays and 3 days of league games on weekends etc etc, there is still some quite time all the time, like at least 3 days are mostly empty, sometimes there is no weekday games neither so it becomes super boring.

Hence, in the end I love NBA for those times, I love NBA for all the times but if you love football more than basketball you can focus on the league games during the weekends but focus on NBA during weekdays. It is insanely fun because even the best team in the whole league will end up with 70% win rate, football is not like that, sometimes teams become champions without losing a single game in football but in NBA everyone loses eventually. So, it is really fun to guess when that happens.
4955  Economy / Gambling / Re: 🐺WOLF.BET - Provably fair dice game 🎲 $1,000 Daily Race💰7-day streak bonus🔥 on: October 29, 2019, 01:27:43 PM
"wolf.bet" is not a dice website name? There is literally no dice in their name and there is nothing that states they are just a dice website. I mean all they have right now is the dice game but that doesn't mean that it has to be a dice game forever, it can be anything and we should be fine with it.

If they add more stuff I would be really supportive, I mean more games equals more betting which equals more profit for them, the more profit they have the better they will get and as users we would be gambling on a better place because they have so much more money. It all works out for us, definitely would be beneficial for all of us if wolf.bet had more games and more gamblers and in short more profits. The name being a dice is totally irrelevant, they have no dice in their name but even if they did it wouldn't matter to me.
4956  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: October 29, 2019, 10:49:39 AM
At this point who is the owner of freebitcoin Cheesy. It looks like thequin is doing most of the work and doing almost all the chatting etc etc and I feel like when I need to talk about this place I need to talk with thequin instead of wetsuit, he used to be here a lot of the time talking but I guess after having that much money he just realized hiring someone is a lot easier Cheesy. This I totally agree, I would do the same if I was him.

I never really checked the stats btw, I mean I am sure this place made it is fair share of profits, it has ton of people every single day gambling, yet I feel like the part where it has tons of free stuff also eats on those gambling profits, no doubt there is gambling profits but also those free stuff makes those profits go down a lot I am 99% sure.
4957  Economy / Economics / Re: Bitcoin: "Maybe Is a Partial Store of Value" on: October 28, 2019, 05:46:46 PM
At first btc was considered as store of value and investment option by all but slowly when it grows and more people start adopting btc it became the medium of exchange and transacting business with its help and it was integral part of its growth and it became partial store of value but it is similar to fiat and other currencies in many ways.
I don’t think that bitcoin was even initially deigned to serve mainly as store of value, the main purpose of bitcoin was to serve as payment of process, but it was overtime that people begin to see it as an asset that can increase for them overtime, which they started to accept it as store of value gradually, but this was not supposed to be the main reason why we should use bitcoin.

The main purpose of bitcoin that satoshi created is really this peer to peer payment system, that would give people lots of independence on their financial transaction, but as we take this, it is meant to start having its second benefit as store of value, which I am sure that till bitcoin becomes a little bit stable before we can actually start seeing this reflect in the market.
4958  Economy / Economics / Re: China’s President Xi Urges Accelerated Blockchain Technology Adoption on: October 28, 2019, 03:16:43 PM
Understanding blockchain very well, we will see that it can really transform the government, both politically, economically and structurally because these 3 are all connected, and if any of these three gets it right, then others have also gotten it right.

For china to have reconsidered their stand of blockchain technology which the news was what made the value of bitcoin to spike of recent, they must have seen the very high advantage of blockchain technology along the line, which is why I even think that they were not too quite in making that decision of banning mining of cryptocurrency, although I know that with time, when they are fully ready with their own technology, they might actually be regulating most of these external cryptocurrency activities other than their own.
4959  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When altcoin season? on: October 27, 2019, 11:10:08 AM
And why? Running late on crypto news last few weeks. Any good new coins on markets?
I don’t think you have not missed anything that much within the space of time that you were away, I don't think that there has been anything encouraging about the altcoin now, majority of them are still in bear market and I am not expecting any of them to really come out of the bear market until the altcoin season comes and that might be till next year.

Bitcoin is the only currency that we are still relying on right now to actually recover from the previous dump that it had, and while we were waiting for the recovery, we saw another major dump from $8000 to $7500 which I am of the opinion that this could actually be the last decline we will see for this year ending, maybe from now on, we could be going to $9000 and from there to maybe $12000.
4960  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be used in Money laundering and Terrorism? on: October 27, 2019, 09:14:10 AM
It is possible for cryptocurrency regarding money laundering. especially if many countries who do not understand cryptocurrency can also be a target for corruptors to save their money on crptocurrency that has not been widely known by many parties.
Being possible for bad actors to use cryptocurrency for bad purposes does not mean cryptocurrency must be tagged with bad activities. The ideology behind the creation of cryptocurrency was not to be used for money laundering, drug trafficking, terrorism funding etc. Cryptocurrency was created to revolutionized the payment systems and structure we have in our businesses today.
The statement is tiring, like fiat is even not worse in this. This is the 10th year of celebrating bitcoin existence and uptil now, the rate of laundering through fiat is still the same, and cryptocurrency has only added little to it. This excuses giving by these countries is just a way to discourage people from the use of cryptocurrency when they are fully aware of the consequences it will have on the financial authority that they have on their own citizens, so they will rather prefer to use all these propaganda and force against bitcoin usage just to get people far away from it.

The understanding they lack is that people have proper understanding of the system and discouraging good people from the use of it will not totally stop the application from functioning, all these their statement and action will only encourage the launderer the more to use the system fully for money laundering. Instead of blabbering all these, what I really expect of them is to regulate it.
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