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5101  Economy / Economics / Re: The New World Order with Crypto and Blockchain Technology on: August 31, 2019, 02:56:40 PM
It is possible a world government would create a single Ethereum-like private Blockchain with every country owning its token. The tokens could represent national currencies on  a Blockchain.
They will definitely want a single platform/Blockchain for multiple national currencies inform of tokens for easy regulation.
It's a crazy future ahead my friend.
5102  Bitcoin / Bitcoin Discussion / Re: Binance Hackers Bombard Chipmixer to Launder at Least 4,836 BTC on: August 31, 2019, 01:16:45 PM
This is bad for Chipmixer.  If the authority decided to investigate on this and targeted Chipmixer to shutdown regardless of the investigation, they can easily do it since they have a proof in their hand that a mixing service had been used to launder a hacked BTC.  I wonder why Chipmixer did not suspend those transactions.., Did they failed to track that those BTC were hacked?
I don't see how this is really bad for Chipmixer because I believe laundering is part of what tumblers do, except the management will want to act Hollier-Than-Thou now by feigning ignorance. Otherwise it is a legitimate business for the anonymity they provide for clients. Criminals will from time to time get in the mix and patronize such services.

Nice one.
If hiding ones identity with VPN is not considered a crime then this shouldn't be a problem also. I mean, even criminal hide behind VPN or tor to commit crimes, does that make VPN/tor users criminals? Of course not!
Most of us use VPN to protect our identities same way we use mixers.
Imagine a world without VPN, TOR, shelter, privacy or mixers


5103  Economy / Trading Discussion / Re: Is it worth for me in my situation to start btc trading? on: August 31, 2019, 12:25:07 PM
You can not become a good trader without learning or practicing how to trade. I would suggest youtube or ebook trading tutorials.

Trading is quite risky and not a good source of regular income especially for the newbie. And if you can afford to lose that much then fine!

I would choose regular exchange than OTC. There are always lots fair opportunities on regular exchange. Besides,  regular exchange has stablecoins for those who want to avoid too much volatility.

5104  Economy / Trading Discussion / Re: Anyone try social trading for cryptocurrency? on: August 31, 2019, 10:46:44 AM
TradeView is more like a social trading website. It's where lots of traders meet and share trading ideas/strategies. It is quite engaging and advanced.
Wish I could find better ones though. I probably will start compiling list of best social trading sites/apps soon.
Social trading is an idea I liked alot back then even though I never understood it well.
Bookmarked your article for future reference.
5105  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: August 31, 2019, 08:32:27 AM
Gambling itself is a profession but not many people who can live out from gambling because they cannot always win from the games.
The only people who make money from gambling are the owners of the casino, the bookie and the affiliate marketing agents. They are not gambling directly and depending on the income from the house.

Since people cannot control their urge to gamble on and on, they will constantly getting paid for their work without seeing any risk. Although the house makes money continuously, they do lose money when a high roller wins big. But then that money does not stay in the players hands for long because they become greedy and play again only to be busted.

I wonder how often the high rollers win big. I bet this rarely happens otherwise gambling business won't be that profitable. Makes me wonder why many gambling sites have big different winners displayed on their websites on daily basis. Does it mean people win big on daily basis? The daily big wins doesn't make sense.
5106  Economy / Gambling discussion / Re: What happened to SafeDice? on: August 31, 2019, 08:19:22 AM
Did the gambling site close shop recently?

The site Twitter page seems to stop updating around July. https://mobile.twitter.com/safe_dice?lang=en
Not sure if that is their real handle though.

A Scam accusations against the site before they probably stopped operation. https://bitcointalk.org/index.php?topic=5127766.0

People need to be more careful with centralized gambling site. Atleast make sure they are well recognized here and have a good reputation
5107  Alternate cryptocurrencies / Altcoin Discussion / Re: No matter what i'm sticking with Altcoins on: August 30, 2019, 09:47:11 PM
Nothing good in this world comes easily,with zero obstacles?you are only dreaming

Altcoins are facing hard times because what is coming will be better,hard times is shaking weak minded people off so as not to see whats coming,its a mind trick

99% of people will walk away from bounties and altcoin investment,thats why i am staying,i won't  do what 99% of people are doing or will do, call me crazy cos that's what i am

Crypto is craze and to defect a craze you have to get crazy  Grin

Nice one.

But I doubt most people are going to leave yet. I believe some top altcoins will have better blockchains that will attract few more people to crypto/altcoin world. I think one of the biggest challenges of mass adoption is how to attract enough people with little support from governments.  I guess the major altcoins developers will figure this out by then
5108  Alternate cryptocurrencies / Altcoin Discussion / Re: is buying crypto with fiat a good idea? on: August 30, 2019, 08:48:19 PM
Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

70% to exchange from fiat on changelly?  How did you arrive at the number? If this is true that means I will be charged $70 to  transfer $1000?  I don't believe this.
Been a bit long I used the exchange though.
5109  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO and IEO running at same time for same project on: August 30, 2019, 06:22:51 PM
With the introduction of IEO, there is a great reduction in holding ICO  by the projects.
Even though this is the situation, now a days I have observed that some projects are holding ICO as well as IEO same time. They also don't share the exact amount of funds raised
Isn't it confusing for investors? What are your thoughts? Why projects are using both methods?

Well, I guess people need to start avoiding projects that are not transparent. The lack of transparency is of little use to Crypto space... It is even run contrary to the philosophy. What are they hiding the commonwealth or collective projects for?

Quote
I have observed that some projects are holding ICO as well as IEO same time.

The copies are probably clones from scammers or the startups are trying not to put all their eggs in one basket


5110  Economy / Gambling discussion / Re: How Often Do you Bet on Politics? on: August 30, 2019, 05:47:09 PM
I don't know whether bet on politics exist in any of the gambling site though I stand to be corrected by whoever has come across it in the past and have participated in it. If actually such exist then it will the most easiest way to win since it is not that difficult to identify who will win an election and who will lose the election.

It actually exists. I have come across one. I think it is a Blockchain/Ethereum based platform called augur or something. This is their Twitter Handle: https://mobile.twitter.com/AugurProject?p=s
The fiat-based politic gambling probably exists too but I have never come across one myself except the Crypto-based augur. 
5111  Alternate cryptocurrencies / Altcoin Discussion / Re: Why transactions take so much time? on: August 30, 2019, 04:33:53 PM
Is transaction really taking longer recently? That could be a good sign you know. They other time something like this happened, price went up so high. Otherwise, it could be normal congestion due Bitcoin limited network capacity
5112  Other / Off-topic / Re: steemit and issues on voting on: August 30, 2019, 01:53:04 PM
Those who buy and hold lots of steem usually make the most money but it is not the only deciding factors; good contents and the number of friends you have also help.
I do not really like the idea of people with lots of purchased steem getting to decide the important things. It probably what contributed to some of the problems Steemit is experiencing currently. A wealthy anti-steem/anti-crypto could use this to make life difficult for Steemit and the community.


5113  Bitcoin / Bitcoin Discussion / Re: The Uncomfortable Truth on: August 30, 2019, 01:09:44 PM
1. I expect most "use" come from payment processors, not actual merchants. It's a difference. And payment processors can bulk the transactions so you won't see a difference.
2. In the same way you hold waiting for the rise, many others do that. If nobody is spending, why expect better numbers?
3. News papers use big words for useless posts. If you read a bit more around you'll see that reality is never as bad as depicted by news.

Interesting.
Plus payment processors don't know what the bitcoins are used for. The implication of this is that people might be buying and selling amongst themselves in large number without chainalysis even knowing it. It possible that traders contact each other on social media, Telegram, Whatapp, etc to negotiate prices and then send the coins through the payment processors. But the payment processors don't know what the transactions are for.

Well, I guess this is close to the best way to use Bitcoin. But the little problem is that it is done via centralized intermediaries , which are the payment processors, instead of peer-to-peer or with decentralized intermediaries

So, no one actually knows the real number of Marchant transactions. It could be way higher than the figures we are constantly bombarded with.
5114  Bitcoin / Bitcoin Discussion / Re: Anonymity VS tracing transactions. on: August 30, 2019, 10:44:32 AM
Whenever bitcoin transactions anonymity is discussed, there are two groups of people. The first group think of privacy of users and the second group think of those bitcoins have been stolen or have been used for illegal transactions.
We cannot have both anonymity and possibility of returning stolen bitcoin to their real owners.
Which one do you choose if you have to choose only of them?
If you choose the second option, please answer the question below.
Now, what's the difference between bitcoin and fiat?

Quote
If you choose the second option, please answer the question below.
Now, what's the difference between bitcoin and fiat?

Fiat currencies or cash are quite anonymous... probably more anonymous than Bitcoin. The only point when fiat becomes less anonymous is in its virtual or cashless state. So, fiat has always been very anonymous except that it totally controlled by governments.
5115  Alternate cryptocurrencies / Altcoin Discussion / Re: Banking Then VS Banking Now, Banking On A Crypto Future on: August 30, 2019, 10:00:15 AM
Quote
There have been different eras of money. There were times when the amount of certain precious stones you hold was used to determine your spending strength. At other times, commodities were considered money by exchanging them for other commodities. This was the barter system.



The part about commodity is interesting. 
I guess commodity is money then?
So what if I exchange my home for a specific vehicle, will that be considered illegal in a world of KYC?   Bartering is beautiful. It should not be seen as something primitive.  I guess one day we will understand the importance of some of the things we think are primitive. 

What do you mean by "crypto banking" by the way? Doesn't that qualify as reinventing the wheel?
5116  Economy / Gambling / Re: 2dice.io - new design - new impressions! Play for free, test your luck on: August 30, 2019, 09:04:38 AM
OK, I signed up this... got the 1000 SAT. I don't understand how to play it well unfortunately. But I will try to learn later..

It is possible to automate the bets? I mean playing the game automatically without being on the site? The feature would make things more convenient for those who don't have alot of time.

Nice site by the way!
5117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: demands on Ethereum on: August 30, 2019, 06:18:23 AM
Excerpt from the article:
Quote
Ethereum's compliance with Sharia law has been contemplated for some time. Virgil Griffith, an American programmer and head of special products at the Ethereum Foundation, first examined the question in October 2017. Now, a white paper from Oman-based
Amanie Islamic Finance & Shariah Advisor highlights that Ether does indeed adhere to Sharia law, as first
reported on by Decrypt

But how does Ethereum adhere to Sharia law? The cryptocurrency is permissionless as far as I can tell. Different beliefs and ideologies can nest successfully on the Blockchain

Quote
Instead, Ether represents a “utility token” and functions as a currency that powers , Amanie argued. Thus, owning ETH is halal.
It this why it is considered halal?
5118  Economy / Gambling discussion / Re: Biggest sportsbook there is? on: August 29, 2019, 09:32:49 PM
Hey, so im playing op sportsbet.io, but this site doesnt feature all games, and im a vip tip group where they tip with some games this site doesnt feature.
So my question is, which btc sportsbook is the biggest (no kyc) like indonesia second league.
For crypto betting sportsbet.io is good but it's not as big as bet365. Problem is that in bet365 they do not have crypto options. So if you are okay with fiat then go with bet365.

I have heard about 1xbet and they accept crypto but problem with them is that we have seen many scam accusations about them.

Have you checked cloudbet.com yet?

1xbet should indeed be avoided for now. It's probably a legitimate gambling company but spams alot people with advertisements in a very unethical manner. Surprisingly, I have seen the company's ads(or ads from company with similar name) during a government-recognized football matches. I wonder how they did that considering the many scam accusations against them
5119  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the ICO dead? on: August 29, 2019, 06:45:04 PM
Quote
Is there a demand out there for the coins/tokens that companies and startup are churning out every day?
Good question
Most projects unfortunately don't research this important aspect. They care very little about the market size and demand.

I think the market is really saturated... couple with the fact that very few interesting things are being developed.

Investor are becoming more knowledgeable about ICO and are finding it hard to find quality projects to invest in.
I bet if something great comes up, it will get enough funding.
5120  Other / Off-topic / Re: How to empty your mind of unwanted thinking pattern on: August 29, 2019, 06:10:03 PM
It quite possible that the "unwanted thinking pattern" is from immoral spiritbeings while the righteous or moral thoughts are from the spirit of GOD which everyone has in him/her. The one in the middle who decides which voice to obey is probably the human soul.

My religion recommends reading the "words of GOD" regularly, repentance, righteous living, Fasting and prayers.
It works for me.
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