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5081  Bitcoin / Bitcoin Discussion / Re: What are the dangers inside cryptocurrency investing on: September 27, 2019, 03:34:55 PM
Dangers inside crypto investing
People may ask: Should I do invest in the cryptocurrencies by using my life earning and savings? Or should I take a loan out? Since I heard that the returns are so great!”

First off, that is really an extremely horrible idea. Cryptocurrency volatility can kill your pocket and rapidly reduce all your hard-earned investments.

Read : https://paperblockchain.com/what-are-the-dangers-in-cryptocurrency-investing/
When we are going into any business or any business investment, we should always know that there are risks that are always associated to it, and what makes us a very good investor is the ability to recognized the risk and then learn how to deal with it. For us who has been in the investment of cryptocurrency, we should already know by now that the one big risk that is associated to cryptocurrency investment in general in the volatility aside that risk of scam and other ones.

Volatility drains the pocket if we don’t know how to manage it, and one way we can manage it is to identify project that are very good first to invest in or trade with, it is when we trust the project that we will be able to learn and device strategies that we can always use to deal with the volatility of the coin. Bitcoin has a very high volatility, but because of its real use case, it is easy to manage it.
5082  Bitcoin / Bitcoin Discussion / Re: What will happen after cryptocurrency on: September 27, 2019, 03:01:50 PM
It is difficult to say what will happen in the future. While cryptocurrencies are still banned in some countries for now and it's not really popular among people, the importance but the influence of bitcoin is undeniable. The technology is currently very rapidly developing, most likely cryptocurrencies will evolve along with it, even Facebook will create their own cryptocurrency. In my opinion, paper money will continue to be used in the future and will not be replaced while electronic money will be more widely available, trusted by people and used more in the future.
Cryptocurrency naturally is meant to be an alternative as designed by the great satoshi and this is how it will remain even with very high adoption rate. This will be the major two system that will be recognized worldwide. The cryptocurrency will be for those group of people that are educated and the technologically inclined while the fiat will remain that old system of making payment manually by those who would find it very difficult to make use o cryptocurrency for their payments.

Merchants will definitely have two payment options, one will be cash while the other will be Cryptocurrency and it is left for the user to go for the one that is next comfortable for him to her, but then, only bitcoin will be recognized because I don't really see the government supporting any other cryptocurrency other than this one.
5083  Economy / Trading Discussion / Re: Decentralized or Centralized Trading? on: September 27, 2019, 08:15:27 AM
if it was me, I would still choose centralized trading. because there, there are big exchanges like Binance, Huobi, Okex always have stoploss function. That's the function I need most in exchanges, I'm not too concerned about fees, the security of my assets is the best.
Therefore, I never choose to trade in decentralized transactions, it's too complicated and dangerous!
All the decentralized exchange that we are talking, is it still not built by people, and it is what they want that will be programmed there. We had the dex of binance already, the dex did not just come, but binance built it and presented to the public. Whatever feature that you see in centralized may still be seen too on decentralized exchanges, so I would really not want to know the total difference between the two of them.

What I will be more concerned about is the one that can give me volume because without volume, one will just be stagnant on transaction for a very long time. This is the challenge that we mostly have with so many dex exchanges, they tend not to get volume because people prefer to just use centralized exchange alone because of their believe that a dex exchange cannot provide maximum security like cex would.
5084  Economy / Trading Discussion / Re: Which one you buy Bitcoin or Ethereum? on: September 27, 2019, 07:35:47 AM
Yesterday the price of Bitcoin was $9700 and today the price is $8500. Yesterday the price of Ethereum is $200 and today the price is $170. So which coin is prefer to buy?
I will buy the one that has the tendency of rising quick and balancing up first which we must have been used to too to see that it is bitcoin that always take the lead here. The reason why I would just go for Ethereum is just to have the hype of holding at least up to one coin because it is far cheaper, buying 1 bitcoin at $8500 will give me over 20 Ethereum, but it is not about the quantity, but the quality of the coin.

I believe that bitcoin will always grow higher than Ethereum in ratio in future, and I would just prefer to buy the little that I can buy in bitcoin, but if I have a spare money, I could actually but Ethereum also. There is no harm in diversifying, we cannot completely rely on one source of income or Investment and I think it is therefore worth it to just invest in the both of them.
5085  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: September 26, 2019, 04:01:41 PM
By the looks of it stablecoin is not something we would like to put in casino world. There is a huge tricky situation with that, you can call it a "stablecoin" yourself but what if government tries to find a way to call it a regular gambling with fiat currency?

You are just using something that basically means dollars anyway and its not something that would be really considered a different currency all together, its literally fiat but in crypto form so maybe the legal part of it would be difficult as well. Hence I totally understand why people would want to keep usdt and the likes away from crypto casinos. Ripple, sterall, dash, eos all those are just smaller crypto currencies but they are at least crypto, not fiat pegged stable ones so they are alright in legal ways same as bitcoin.
5086  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: September 26, 2019, 03:28:17 PM
People think that if they bet on the smaller team that becomes +ev positive for some reason. That is not always the case, the simple mathematics normally behind all of these sportsbooks (which freebitcoin could be considered to have a part of it on betting) is that when people bet on each side, the total should come down to whoever side wins website gets a cut, so the losers should be paying for the winners, now that doesn't always happen on all bets but when you take the average on a long term for a sportsbooks life that should be the eventual outcome. Hence there is really no +ev in long term, sure there are small once in a while ones but they are not common and they never happen frequently which is why sportsbooks manage to make so much money in the end.
5087  Bitcoin / Bitcoin Discussion / Re: What if SOUTH KOREA SHUTTINGDOWN BTC??? on: September 26, 2019, 02:04:36 PM
What if south Africa is shutting down btc, what if United states is shutting down btc? All these questions are silly to me because how can they all shut down the system when they are not the creator and neither do they have the hands to do so, bitcoin is not a centralized coin and not under the control of anyone, it is an independent coin, a centralized one that no one can ever shut down except if the users decides to stop using it.

South Korea can only have influence over the exchange that are domiciled in their own country, except they want some wars, that is IF they will go beyond their own boundary which may be quite impossible, if they don’t want bitcoin, I am not so sure that we need them that much in the cryptocurrency market, so they should close down their own exchanges while we move on with other exchanges, they will be the one on the losing side.
5088  Bitcoin / Bitcoin Discussion / Re: Why are Bill Gates & Buffet anti-crypto? Heavily invested in the current system on: September 26, 2019, 01:01:10 PM
So Warren Buffet is anti-cryptocurrency because he is the single most invested person in the current system. (One reason I think Justin Sun is an idiot.. Buffet isn't going to change his mind)

But just found it very interesting watching the Bill Gates netflix tutorial and Buffet is saying that they are good friends AND that the bill gates foundation is heavily invested into Berkshire Hathaway since they own roughly half of Buffet's stock in the company...

Funny how most of the anti-cryptocurrency people are heavily invested in the current system if you look closely...
I guess that the two of them have mostly been making their money through means that is possible for cryptocurrency or bitcoin usage to block, the kind of freedom that bitcoin is bringing, it will surely altar some of the things that these guys are selling to make money. Let us look at banks and the gadgets that they use, it is being produced by someone, the computers they use, bill gate makes money from every of its supplies and the Microsoft that they use too.

Bitcoin cutting them off now since most of us will have direct access to our wallet and be able to control it personally is one of the things that will make them never to support bitcoin because it make their sales to reduces, but there is little to which they can do anyway, bitcoin cares more about the oppressed and the system of bitcoin is one that cannot be manipulated.
5089  Bitcoin / Bitcoin Discussion / Re: Can more ATM's increase adoption for Bitcoin? on: September 26, 2019, 05:27:43 AM
[im g]https://i.ibb.co/WBgt52n/bitcoin-atm-vietnam.jpg[/img]

We know consumers love ATM's and the convenience. Would you buy Bitcoin at ATM or nah?   
All those ATM will be useless if we don’t have people to use them, and the way it can get people to use them is through adoption which I don’t think the installation  of this machine will have any big impact on cryptocurrency adoption, the only way that I see it having little effect is just to retain the present adopters, because for any bitcoin ATM to have been installed in a location, it is sending signal already that there is an approval for it and whatever have gotten an approval from authority, surely must have been of interest to them, which this is enough to hold that the government of that particular country or state where bitcoin ATM is being installed is supportive of bitcoin, but when it comes to adoption, I don’t really think that the creation of this machine is enough o create awareness for adoption.
5090  Economy / Gambling / Re: 🐺WOLF.BET - Provably fair dice game 🎲 $1,000 Daily Race💰7-day streak bonus🔥 on: September 25, 2019, 05:52:18 PM
The other part of the deal is that, its an open to public dice game, so if you think someone is cheating the game, you can literally just gamble more and win. So, there is nothing that would make it suspicious since this is literally just gambling and the more you gamble the higher you get on the list.

It was just over 3 bitcoins to become the first so that means if you bet 4 bitcoins then you will win, if you see a competition when you try that is even better because someone is trying to out wager you. If this was something like a lottery where you are not sure if the winner is picked properly there wouldn't be anything you can do about it but right now as the point stands you can literally gamble more than the winner and become the new winner, there is nothing stopping anyone from doing it.
5091  Economy / Gambling / Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿ on: September 25, 2019, 05:03:20 PM
It is not even 44% in this instance, they probably get some dividends. Sure, they might be down but think about it this way, if you buy bitcoin and the price drops, you lost as much as the price drop, if you buy bet token and price drops, you lose price drop minus dividend payment you received.

GP tries to not focus on the dividend part of the deal, his two approach has been "price dropped!!" and "any proof anyone got dividends", both of which are quite silly, price drops in almost all first day of trading, if you look at it from I don't know second or third day then you will see that its not doing that bad plus gets dividends. The "proof of anyone got dividends" is even more silly, the blockchain is literally public, he could check himself but he wants people to show that they own that address and nobody would want to be DOX'd like that just because GP asked for it.
5092  Economy / Economics / Re: My market vision at this time... on: September 25, 2019, 04:15:54 PM
I'm not sure the flippening would actually happen, but people will start speculating about it again for sure.

It's possible too. The ETH supply is growing a lot faster than the BTC supply, so overtaking BTC's market cap is getting easier and easier in terms of price. Market cap is such a dumb metric......
Do you hear what you are saying at all, and do you have your facts? I think you are just basing your judgment here on assumption because I have not seen any much growth in the community of Ethereum, it was of recent that someone even complained that Ethereum fee is getting far higher than bitcoin which is the leverage that they have had over Ethereum, but with the introduction of lighting network, people no longer complain of bitcoin transaction that much again, and everyone still prefers to receive their payment with bitcoin.

Since I have been in this market, all my payments and all my received money has all been through bitcoin, which I have never for once thought of Ethereum because even this bitcoin fee that some people are complaining about it not that much to me, you can never compare the payment of fee in our local bank to that of bitcoin.
5093  Economy / Economics / Re: Which currency will dominate the crypto market? Please vote! on: September 25, 2019, 03:28:35 PM
No Facebook's Libra or that rumoured Chinese cryptocurrency? I bet that if Libra manages to jump through all the regulation hoops that it is currently facing its definately going to take over and dominate!
Funny, I think Facebook Libra might actually scale through because if with all these stumbling block that it has witnessed from America and Europe, the team has still not jettison the idea, then there is something very strong about this project and I hope other altcoins start to lobby now against the Libra coin, because I see the coin market cap changing position of coins soon by next and I think it will be in this order, Bitcoin, Libra, Amazon coin, Binance and maybe other coins will follow.

Are you surprised that Ethereum is not on my list, yes they are not because Facebook is also coming up with similar idea they have, and you know Facebook had so much fans in which virtually all cryptocurrency developers, users, and team are all Facebook member, and I believe that whatever package that Facebook is coming up with will really attract them to use them.
5094  Economy / Gambling / Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿ on: September 24, 2019, 08:22:17 PM
Are you sure you know what on-chain and off-chain means? Most of the huge casinos like primedice/stake/windice/wolf.bet and all the ones you can think of (the very first starting with just-dice) all have been off-chain, on-chain is no longer something that exists and people do not use it, back in the day there was satoshidice which was the first one and that made some noise but at the end of the deal there was really no more on-chain gambling after just-dice started.

On-chain means you send money to blockchain and it comes back as a win with your money or lose and keeps your money, off-chain is the one we send deposits to casinos and we gamble and gamble and gamble but then withdraw, which means there is no waiting for the bets since they are off-chain.
5095  Economy / Gambling / Re: ♨️🎲 WINDICE.io 🎲 0.3 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ on: September 24, 2019, 05:13:24 PM
No matter how much they are paying, the important part is that they are paying, normally you should be getting nothing out of gambling but with this promotion (or contest like they are calling it) you are getting something in return of something you would normally do anyway.

Hence, I think even the 50th place is still a good return of gambling if you do it. Of course, we still don't know how much will be required for it, if the top 50 is something huge and the prizes are worthless compared to how much people wager than it would be a bit silly however if the 50th place is like just 0.1 btc or less than we can totally say it was worth it and makes sense to give it a shot, I will certainly give my best to it, will try to lose as little as possible with high odds just to continue wagering as long as possible.
5096  Alternate cryptocurrencies / Altcoin Discussion / Re: If regulation never comes on: September 24, 2019, 02:44:14 PM
If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?
The only way we can protect our self is just to involve our self with bitcoin investment alone, because without regulation and authority to be in charge of this scam case, scammer will keep flooding the market, but if we still want to be giving it the shut, then we have to really be prepared for the battle, and one of the weapon to use in the battle is strong research, we need to research on the project like it is our life or it is a treasure that we are looking for.

Researching on the project really goes beyond just opening their whitepaper, we have to go some extra length in making sure that the project we are researching on is really what it is said to be, and that it will surely have a promising future and a dedicated team that will never abandoned the project at any time.
5097  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts on Facebook's GlobalCoin on: September 24, 2019, 12:39:47 PM
Facebook Set on 2020 Launch for Libra, Despite Regulators’ Pushback

David Marcus, the head of Calibra at Facebook, has said that a 2020 launch for Libra remains the company’s goal, despite regulators’ intense hostility toward the project.
https://cointelegraph.com/news/facebook-set-on-2020-launch-for-libra-despite-regulators-pushback

[im g]https://images.cointelegraph.com/images/
740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8yOWRjZDM 0ZTE3YWI3ZTdiYjZjNTBmZjEyYmFlOWQxOC5qcGc=.jpg[/img]
For me, I feel that 2020 is still too long for the project to be launched and anything could happen before then, and I also feel that there is enough chance for the governments of the world to gather against the Libra.

If Facebook was serious, they should not have even giving them that breathing space, because one thing that I know is that no matter how rich or how important you are in the society, there is no way that you can fight government and I can see that government of solid nations are already rising against the cryptocurrency of Facebook, and I doubt if Facebook can survive this before the 2020 because the heat will start getting much and now that even the united states is not in support of the Libra coin also, but because the project is coming from their country, they are just watching to see how things will unfold also.
5098  Alternate cryptocurrencies / Altcoin Discussion / Re: China’s Cryptocurrency 'Protects' Legal Currency Yuan on: September 23, 2019, 05:20:48 PM
China's passive digital currency will apparently bear "similarity" with Facebook's own cryptocurrency, and aims to protect China's 'financial independence', according to a senior at China's central bank.
Good for them, I am not sure that we are interested, if they cannot go with our bitcoin and they are fighting it, then they better release their cryptocurrency for their citizens alone which I think that will eventually be the case because if they are releasing similar project as Facebook, and amazon too planning their own with other big companies and all slated for next year, the competition will be too much and there will be so much clash of interest, and this is what will make the whole global coin thing collapse.

There is no way that they can all achieve this global coin dream, bitcoin will still be the most acceptable and most used coin globally because it is independent, unlike the majority of these ones that are fully built on centralization.
5099  Bitcoin / Bitcoin Discussion / Re: Bitcoin price prediction, Crypto Currency Journey Planning. on: September 23, 2019, 10:44:47 AM
Those predictions have good figure I just hope that they will be realized in the future. I do not know surely how do they arrived at those big figures, what kind of basis and resources do they have in order for them to derive those figures. Or those figures could be just a guessing act since they are a group of bullish individuals who dreamed big for bitcoin. I dont really disagree with them but somehow those figures are really far fetch. I do believe that 1 million dollars is too much 2027 and 2037, I guess we will be playing at 100k to 300k dollars.
They have good figures but I am not sure that they are realistic, many of them predicting those extremely high figures are just doing that because they know that is what people wants to hear, so they are just using it to create popularity for themselves.

Bitcoin has very promising future and we do not doubt that now that there is beginning to be a very high adoption from very great companies and very great individual, the dominance of bitcoin is also proving that has we are seeing lots of increase in the dominance of bitcoin, which shows that people are beginning to totally make use of bitcoin more than we think and this will hasten the supply of bitcoin to become limited while the demand will become higher which may lead to some of those predicted prices in future.
5100  Bitcoin / Bitcoin Discussion / Re: Adoption! Finally? on: September 23, 2019, 05:45:58 AM
Once bitcoin gets adoption from these big countries, then the remaining ones is very little, I have seen many big projects that has started using cryptocurrency and some even developing their like the ones you mentioned, and if they were not being supported by the government, they would not have gotten to the stage of boldly making their intention know to the public.

Bitcoin is just starting to grow now and I believe that we will still have many other big projects that we are not hearing of no, also start their own cryptocurrency development. The funny part of the adoption is that even musicians that are popularly known are beginning to create their own crypto too and they are advising it without the fear of government, crypto has really come to stay.
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