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5121  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin mixers be considered illegal by worldwide governments? on: August 12, 2019, 04:17:09 PM
I have never heard about the privacy coin you mentioned and it does not look popular to me, which I don’t see much about it on the forum except now, I know of Monero and grin, and I feel these are even more popular, but in the event that it becomes popular, government would never allow it except maybe the system is handed over to the government to control since you said that it is a centralized system and has middle man in it, which is not different from the way the traditional fiat method operates.

If it is a system that would jeopardize the operation of the government, Sure they will put an end to it, if they are still fighting the main bitcoin hard, then they would have no problem putting this one you mentioned away like it does not exist.
5122  Economy / Speculation / Re: How do you see cryptocurrency 10 years from now? on: August 12, 2019, 06:31:46 AM
What I am hoping right now is that bitcoin should be getting a more common payment processing system, Libra could be totally like that but we have no idea. For example, I want to have a debit card that would allow me to spend bitcoin anywhere but I would be keeping my money in bitcoin without exchanging, the shop I am purchasing something is getting the fiat currency they want but I am spending only bitcoin.

Right now, very few places are doing that (or there are plenty of prepaid debit cards) however I want this to be a common practice, the more we get this around the people then the more everyone will start to realize bitcoin is not just a thing you buy and try to make a profit from but also a thing where you can earn/spend like a regular currency as well.
5123  Economy / Speculation / Re: Bitcoin Price Could Surpass $15,000 This Week: Max Keiser on: August 12, 2019, 05:57:52 AM
Mainstream media attention that is boring and regular is not the same as mainstream media attention when it was 20k.

I don't know if its the same in every country but for a while in 2017 December peak times there was bitcoin in every news channel in my country, not just newspapers (which all of them gave at least one big headlines about bitcoin during that time) but also news channels talking about bitcoin and having panel of guests who were national experts on finance and some CEO's of crypto related companies here, so basically it was like pure bitcoin era for television and newspapers.

All websites mentioned it as well. That is a lot different than weekly "how is btc doing" type of deal, thats regular now and nobody cares about it, we need that huge mainstream media attention back.
5124  Economy / Speculation / Re: Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward on: August 11, 2019, 07:12:03 PM
I think these small movements are not really "panic", we have seen the real panic when it was 20k and than it dropped like hell. Hence I think this was more like trend correction where the price went up as much as it could and than it dropped because there isn't enough money to make it go even higher. If the price reaches the peak and there isn't enough new money coming into the market than we can see it going down which happened here, its totally different than panic selling, that is usually like 25%+ drop very quickly all together, this wasn't like that.

Trend movements are expected because it went ups and downs between certain amounts the economy can handle and market does that until we do something HUGE like going under 8k or going above 13k and it will continue until that day comes.
5125  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: August 11, 2019, 06:34:06 PM
Animation literally means nothing, I don't understand why would anyone care about it. After all the animation is there to create some sort of excitement factor but the result doesn't change at all, it is literally just a text result normally and what you get animation is just making it maybe a second longer for you to see the result. It is individual thing of course, if you don't like it than you can disable it but it doesn't matter to me enough to actually go out of my way to disable it since its not really that much of an important thing for me.

However, what bothers me test sound not being actually sound enough, I don't know if we can increase the volume but I would love it if it really makes a sound big enough to get attention, I have been saying that for a long time now, a HUGE sound would be awesome, at least as an option.
5126  Economy / Gambling discussion / Re: How I lost 200,000 EURO on Bitcasino.io on: August 11, 2019, 05:00:06 PM
Quote
If a casino was a scammer and they scammed you then they will be known as a scamming website and they will not get any more customers

Always go with the established betting houses for this reason, if you are a new gambler especially you want a bet provider who has something to lose by not keeping you as a customer.  A website that has existed only weeks and might be gone just as fast may not care about a fair game as any complaints can be ignored before the community recognises the games they run are biased.    A very long term site will just not survive in the end because they will lose more customers then the money gained.
Yeah definitely, when you gamble in places like stake, primedice and so forth you are not risking much, they are telling you the house edge already and you will definitely lose all of your money if you are not careful however at least that is already mentioned and informed by the casino to you.

Aside from that these places are making millions of dollars every single year, they have absolutely no reason to scam you, what could they gain from scamming someone, even if it is like 500 bitcoins they still do not need to scam a person because they can make that much money anyway. Hence always pick casinos that wouldn't mind people winning a ton of money because in the end they will profit, if you pick that type of super rich and wealthy casino then you would be fine (except hackers of course).
5127  Economy / Gambling discussion / Re: I've lost on: August 11, 2019, 04:50:15 PM
The feeling is really horrible every day, it's like you won a lottery but the ticket was destroyed, but it's nice for you to post your story here, it's very depressing but at least many will learn and take the lessons coming from your experience, investing in Cryptocurrency is really very risky but investing in gambling is ten times the risk.
Investing in cryptocurrency is not even that risky, the problem is that we do not really understand the market. Those who do, are daily making money. Imagine knowing when the bitcoin price is very down and we purchase and wait till it grows up again, then definitely we would  make profit, but the mistake is buying when its high and then having to wait for a long time for it to balance up. But some gamblers understand the market very well, they know when an increase or decrease is being caused by whales and they know when to hold on, this people make money.

Gambling on the other hand is not even a good place to make investment, Not even by playing or direct investment since there’s possibility of the site crashing someday.
5128  Economy / Gambling discussion / Re: KYC Process (Sportsbook) on: August 11, 2019, 03:14:34 PM
there are a lot of sites that do not ask for KYC, and I want to believe the ones not asking for are more than those that need. I visit some sites that ask for KYC and I leave to go to other sites without any kind of hurtful feelings, it’s their policy and that’s their business, after all I also have a right to choose. Thank God for alternative sites with even better games.

Let’s not make a big deal out of KYC, it’s the least problems in the gambling industry, maybe we should channel our energy to addressing why the odds are in favor of the house. This is the most pressing need at the moment because it is better to fill in KYC and win money than not filling and yet daily losing our monies on casino sites which is really more painful.
I think you are right bro, we are still left with options to choose from since KYC has not been made mandatory on all casino sites but its better we start preparing for when it becomes compulsory because with the look of things, so many sites are already adopting the policy for the safety of their site.

I don’t even consider it an issue, and I am preparing my mind for that time, filing KYC form would not hurt us or even affect our games, so it’s something I could easily do, but for now, since there are still sites that are KYC free, I would rather play on such sites as long as it is reputable and have my kind of games. Again, if we are sure that we are of age to free from all scam rates, then we have nothing to fear. This is just my opinion on this.
5129  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for Bounty. Why do it? on: August 11, 2019, 12:51:03 PM
It is also gives you the risk like what happened with binance. I mean how are we so certain that our KYC is safe? Companies want to be safe and be in the legal side by getting our information for bounty but at the end of the day this is a two way street and we want to be certain as well.

For example, our information on binance got leaked, will binance pay us all for it? Will there be compensation? No. They are just gonna go with "it was a third party that got hacked, not our problem" and move on. It makes no sense to trust these companies with our information when they are not even caring about it, if you care enough than put up a bounty for your KYC and say that if any information gets leaked with the KYC than pay everyone damage money where each person that got their KYC hacked will be given 1000 dollars for it. If you can't do that than I don't trust you enough to give you my info.
5130  Alternate cryptocurrencies / Altcoin Discussion / Re: The Habit of Giving Up Is Just An Escape on: August 11, 2019, 10:51:08 AM
As a rule, those who do not give up in the future are very successful.This applies both to the person personally and to any company as a whole.Many teams that conduct ICO alas do nothing.For us, as investors,it is necessary to invest not only in projects but also in the team.No wonder many investors are very closely studying the team before investing.This is really important.
Those who you see that usually give up and goalless people from the onset and they never believe in themselves, I don’t see reason why anyone with goal setting would ever give up when it does not take anything away from them. If it is whitepaper, they already pay for a onetime fee to get it develop, and if it is for the bitcoin forum, they are not being charged for doing so, so why they give up is what baffles me.

Look at bitcoin of STO, while we have had several project meet their hardcap, they are still yet to meet up and very slow in growth which could be discouraging, but yet they keep pushing, and this are signs of a project that is really in their to establish something that would be useful to the world. For us to really spot these weak people out before participating on anything that has to do with them, we need to further do our research first.
5131  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't Judge a Book By Its Cover on: August 11, 2019, 10:16:58 AM
You are absolutely right. This is the exceptional case. In fact today's projects are more shiny than its original presence. Its really hard to judge the projects based on the presentations they give to us. I think we should focus on idea, team structure and development part of project.
The last part of your statement is actually the key to having a successful investment growth, if we don’t want to loose our money and we want to protect the capital, it is just to ensure that we get the full assurance that the project would be what it says it would be. Though it can be a little bit difficult because we are not spirits to know the intention of the developer, we can only get a clue psychologically when we make some research into their background, then we can know if the developer would be one that will produce a good result or not. 

I think most of the project we have right now, are full of developers that lacks vision and focus and just after money that they can spend and lavish on the material things instead of building their future, if they cannot manage the project in cryptocurrency, they can  never manage any business for the rest of their lives.
5132  Alternate cryptocurrencies / Altcoin Discussion / Re: Erc20 tokens rely entirely on ETH? on: August 09, 2019, 05:27:58 PM
I think it is because they are not really "coins" or at least they are not considered that way and they are just "tokens" which makes a big difference. I mean there are still ones that shine and become big but people are trying to invest into coins lately and there are not that many erc20 tokens that are in top 20 of crypto currency list (as far as I know) which is why they are not getting too much attention. That results with lower volume and that lower volume equals to slowly dying, when there is noone buying the sellers have to drop the price as much as they have to until they buy some more. It means the price will keep going down and down until something is done.

Hence, the difference between "token" and "coin" makes them go down a lot faster than non erc20 ones.
5133  Economy / Gambling discussion / Re: 2019 NBA Season on: August 09, 2019, 04:16:47 PM
Carmelo in Miami would be great, he would actually get some minutes and they would actually not care if he does what he does, they are already tanking and they do not really have any chance at the title so that means Carmelo could play like he always plays and nobody would mind.

Maybe jimmy would because he is a competitor but dude literally moved from a championship level team to Miami this off season so I am not entirely sure if he really wants to win, if he stayed at Sixers there was a good chance he make it to finals this year and he declined that to go play in Miami so I am assuming its just fun for him nowadays so he wouldn't mind Carmelo neither. I really hope someone gives him a contract, this version of Carmelo getting retired because nobody wants him is not something he deserves.
5134  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: August 09, 2019, 03:40:41 PM
I think it will be a boring match, we all know the result, we all know Liverpool is much better team, they also got a ton of money from winning the champions league and we all know they are better thanks to it, its not gonna be even a remotely close game, I would rather watch the highlights of the match tomorrow to be honest with you, I think its just another game to entertain the fans and make some more money with it but lets be honest facing champions league and euro cup champions against each other doesn't really sound that interesting.

I know sometimes the uefa cup winner takes the super cup but that is rare and it kinda shows how much the champions league winners either got worse or didn't care about the game, which makes it another level of boring to me.
5135  Economy / Economics / Re: Putin warns of financial crisis the world ‘has not yet seen’ on: August 09, 2019, 02:28:26 PM
Chinese war with USA right now is not hurting the world like it should, normally what we are not seeing is that china makes a ton of money thanks to USA companies building all their stuff in China and than USA companies make a lot of money thanks to manufacturing for cheap and than selling it globally to make money by putting their profits on top of that.

Now, when the war actually kicks in (not a real war like weapons but economical warfare) we will see more companies building stuff in USA itself to get away from the war and than stuff will be more expensive to build and they will increase the prices to make up for the difference which will have a global cost of it since all of the world will have to start paying more for it. Hence there will be a huge crisis of buying stuff that are super expensive and that is why I think we are getting close to a crisis Putin mentions.
5136  Economy / Economics / Re: Did Satoshi ever mention anything about the taxing of Bitcoin? on: August 09, 2019, 09:21:13 AM
I guess if you are creating something that would replace the fiat currency and even if we consider all nations eventually having their own crypto currency and everyone in the world paying for stuff with their debit cards filled with national crypto and mobile apps and so forth (futuristic looking but it is actually doable right now, just needs adoption) you have to consider taxing.

It means if satoshi was actually hoping for all the fiat currencies in the world getting destroyed and instead whole world eventually starts using crypto that would mean he needs to consider taxing as well, crypto is just changing the shape of currency from fiat to digital whereas it does nothing for taxing, governments still need to tax and still need to rule the world over and without that we can't really hope for governments to make the country better (not like they use it for that but at least there are minor things get done).
5137  Economy / Gambling discussion / Re: 2019 NBA Season on: August 08, 2019, 05:22:34 PM
I don't think salary is an issue here, Melo will take the veteran minimum for sure, he can realize that nobody wants him and he got paid enough already so he is just gonna get paid the minimum he can get and be the 8th man on that team in minutes, will try his hardest to be a locker room camper and he will just try to play another 3-4 seasons.

I still think the best place for Melo to go would be Spurs, they usually have a mid-range game when starting because Derozan and Aldridge both play mid-range and Dejounte is not a lights out shooter neither so the game is not spaced out anyway so they have a strategy for that, if they bring in Melo as a bench for when SF changes (gay would probably be started but Derozan will move there most of the game when white and Murray plays together at guards) he could at least keep that mid range momentum going and who else than Popovich to actually tame a player.
5138  Economy / Speculation / Re: What the Effing Hell is Going On!?!?! on: August 08, 2019, 03:08:52 PM
Are most of you ppl who keep talking about btc price traders?  Or holders?  Because unless you plan to sell soon or trade, shouldn't none of this matters if you don't plan to sell btc?

It matters because we wanted to see how the price will grow in the future. That's why people complains when we have like a dip and then majority gets excited when we have this sort of mini-bull run. At the end of the day, investors are going to check their portfolio and see how it does in terms of fiat value.
Fiat should not be what will matter to you the most, but it should be the amount of bitcoin that you have in your account because that fiat you are talking of may become useless one day and crash beyond recognition. The bubble of money will soon burst and everyone will run to bitcoin then, so it is better you save yourself now by gathering as much as bitcoin that you can gather.

The easiest way to accumulate bitcoin is to always buy at dip, so what should be more of concern to you the opportunity to buy at dip and not the fiat you will get when bitcoin reaches peak. In future, bitcoin will eventually get to the peak that we will get tired of it, because the cost of accumulating it will be quite too high then. I am always happy anytime I see such flash crash because it gives me another chance to buy more.
5139  Economy / Gambling discussion / Re: I've lost on: August 08, 2019, 09:10:29 AM
I've lost big. Over the last two or three years, I've lost 60K in total. It was almost my entire savings.
It started out with a large investment in bitcoin when the price was about 13K.
When the price dropped to below 4K, I lost all hope after waiting forever and gambled it on bitcoin gambling sites trying to triple it up, just to make my money back.
I lost that and a lot more. Never imagined it turning out this way. Especially after the price went back up.
I don't have a lot of close people to turn to nowadays. It's hard to get through each day feeling horrible. Just needed to reach out somewhere.
Sorry if this isn't the place.
$60k, that’s really huge amount of money and I feel your pains. Sorry about the loss bro, I hope you will recover ad learn from your mistakes. There is only lesson from this, no matter how bad Bitcoin falls, the hope of getting back is sure and better than gambling. You thought you could rescue bitcoin loss by gambling but that was a very bad decision. Bitcoin is even in the best position to save gambling in terms of loses.

This is actually a very good place to pour out your feelings and I can assure you are at the right place. We feel your pains and I can only imagine what you are going through but like they say a living dog is better than a dead lion, be grateful that you are still alive and have the ability to share your story, that means open doors and more opportunities will come your ways soon just be careful not to repeat this mistakes again.
5140  Economy / Gambling discussion / Re: KYC Process (Sportsbook) on: August 08, 2019, 06:56:09 AM
Some gambling ask for KYC for their own safety because they want someone to spoil what they have built for years cause crypto scammer and money launder try different means to achieve their goals and it doesn't take them anything to make deposit into a gambling site while they gamble a little and request for withdrawing in an altcoin to make transaction untraceable to them.
Mind you, back in the early 2016 most exchange site, ICOs project owner, etc, don't require KYC but all that changed after theft abuse cryptocurrencies and I don't think we should blame gambling site that implemented KYC either.
Most gambling sites are only hiding under this canopy. What safety?? Is the safety of the site not as important as that of the players, so why ask for passport?? My take remains that this isn’t really necessary and what about the very reputable sites that do not ask for KYC, don they have something to protect as well?

I have my new way of finding out those sites that ask for KYC, either at registration or those that do it at withdrawal and I avoid them as plagues because I also have a reputation to protect and cannot stand risking my personal details to a gambling site. All gamblers are not into money laundering and it is bad to use the actions of some few selected  money launders to affect the privacy of other genuine players.
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