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5161  Economy / Economics / Re: Do you have to make big investment before you can make profit in crypto? on: September 21, 2018, 06:02:55 AM
You sure will need larger investment to make higher profit. The more capital your invest in the crypto market, the more the gain you will be making. Its a direct proportional relationship. But, it is true for the opposite. The larger your investment, the higher your loss will be (assuming you made a loss). So, its a risky situation and totally up to you on how much you would like to invest.
5162  Alternate cryptocurrencies / Altcoin Discussion / Re: Do traders pay income taxes? on: September 21, 2018, 05:49:46 AM
I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?
Depends on the country you are living. In the US, the law varies from state to state, but most of us who are subjected to US tax regarding gains  from trading crypto currencies will have to pay. The Internal Revenue Service (IRS) does not consider crypto currencies as a currency, but property. Exchanging of property with gain are subject to pay taxes. So, you will have to report your gains and file your taxes if you are trading.
5163  Economy / Gambling discussion / Re: You cannot win in gambling on: September 20, 2018, 07:50:32 PM
I just had a really bad day gambling today with Roma losing a ticket for me and their odd was 1.20 and they were playing against the last place of Italian Serie A. I thought a bad day and move on and played another ticket this time I choose Brondby as they were playing at home against a team they had beaten almost always and the odd was 1.35. This was even worse as Brondby lost 2-4 at home to a team quoted from the bookies at 8.5

Now I am not an expert in gambling but this day was a really eye opener for me, you can never win in gambling. Imagine when you can't win in lotto , soccer betting or whatever you call it, you don't have a chance in slots.
Who said you can't win in gambling. You just had a bad luck streak. Games of chances depends on your luck. If you are lucky, you win something. If you are unlucky, you lose something. If you are gambling in an casino, just keep in mind that in the long run, the house wins due to its edge over you. So it is better to stop gambling if you make enough profit and best to avoid chasing losses.
5164  Alternate cryptocurrencies / Altcoin Discussion / Re: Why create more coins. on: September 20, 2018, 07:40:20 PM
Each coins actually have different features and varies from each other in different ways. They also work differently. Coins that are same or clone to other coins are just some shitcoin/scamcoin. Those coins have unusual values and eventually dies soon.
Honestly, there are tons of altcoins, but only the top few coins will survive since most of them serves no purpose. Others will just be less valuable or completely valueless.
5165  Alternate cryptocurrencies / Speculation (Altcoins) / Re: market conditions are destroyed. on: September 20, 2018, 06:26:21 PM
Not sure what you mean't by "market conditions". I am just assuming you are talking about the price of crypto currencies. Just compare the current value with last years price (January 2017, not during the sudden spike during the end of the year). You will see that the price actually went high many fold and is stable most of the time.
People who are holding for short term might have trouble, but in the end only the long term holders are going to be making the most profit out of their investment.
5166  Economy / Gambling discussion / Re: Native languages in casinos on: September 20, 2018, 06:15:32 PM
Hey guys,

How important for you is to have a different languages available in casinos?

I recently noticed that while many sportsbooks have it (but mostly not implemented very well), most of the casinos or Dice websites don't even bother.

Bests!
The sites that have different language options are actually using some automated free tool for translation for which most the sentences are inaccurate or looks weird. They usually use free tool in order to avoid expense of hiring translator. English is my native language, so I guess I am fine with English only. And most of the people online can read at least basic English, so i guess just having English won't be an issue.
5167  Economy / Trading Discussion / Re: Will bitcoin reach $100,000 in two years? Bitcoin statistics and predictions on: September 20, 2018, 06:06:37 PM
How was the values of 2019 and 2020 determined? This is the crypto market. We can not predict accurately what is going to happen based on past event or price rise and fall. The charts might deviate anytime since crypto currencies don't actually need any kind of special reason to change its price. But all we know is that in the long run the price of bitcoin will increase.
5168  Economy / Speculation / Re: What is happening with cryptocurrency ?? on: September 19, 2018, 07:21:32 PM
Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 Lips sealed Lips sealed Huh
Just compare the price with last years price (before the sudden price rise). You will see we are actually quite high in value compared to the price which was back in two years ago. The price went up and then fell down (which we call the correction stage) which is quite natural because the price can not keep on going in the same direction forever. Eventually it will have to rise or fall. Just be patient.
5169  Bitcoin / Bitcoin Discussion / Re: DO PEOPLE STILL HAVE CONFIDENCE IN BITCOIN? on: September 19, 2018, 05:40:52 PM
Of course they do. If people had no confidence on bitcoin, the value would be zero. We still have the value about $6,000 which is higher than what it was two years ago. Keep in mind that the value does not determine the potential of a coin. Even a shitcoin can be pumped up in value but die the very next day. Only the ones that are here for the profit will leave bitcoin, but an actual bitcoin enthusiast will stay forever.
5170  Alternate cryptocurrencies / Speculation (Altcoins) / Re: This is when I bet all into cryptocurrency on: September 18, 2018, 07:07:25 PM
I have been in the market since 2017, the moment of strong burst of cryptocurrency. By 2018, there is a significant setback for cryptocurrency, but that does not stop me from believing in this market. While everyone expects a rebound at the end of the year, I expect again the market will plummet and BTC may return  4000$.

Am i crazy are not? No! Because I look at long-term value, long-term investment rather than just looking at the short term, I have always believed in the rapid growth of the cryptocurrency market in the years to come, so this is the time when I will invest in cryptocurrency. And you? Please tell me about your intent?
Based on what fact have you stated that the price will go down to $4,000? How are you so sure that the market will fall down further. This is the crypto market. The market might follow the trend sometimes and sometimes it might not and show some anomaly. The market is completely unpredictable. If you invest based on random prediction, then i can assure you that you are going to be dissapointed soon enough.
5171  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be Taught in Schools? on: September 18, 2018, 06:48:34 PM
Would be better if they start from high school. At least they should be given knowledge about the basic of the blockchain technology. How it works and how crypto currencies take advantage of it. The in depth study can be done during higher studies. At least the people of future generation will get to know something about it and might get interested which will help to increase adoption.
5172  Alternate cryptocurrencies / Altcoin Discussion / Re: How to you evaluate and select a ICO to investment? on: September 18, 2018, 06:04:15 PM
You got all points right. But do keep in mind that an ICO still might fail. So invest on your own risk. And make sure that everything they post is legitimate. Everything can be faked. Its your responsibility to find out whats fake and whats not. The team/devs are the most important person here. A well known developer/team will never risk their reputation.
5173  Economy / Speculation / Re: Sell car for Bitcoin on: September 17, 2018, 07:19:43 PM
I would say he made a very bad decision about quitting his job.Selling his car for investing on bitcoin is totally fine, but giving up his job and depending on cryptocurrency means automatic financial suicide. Unless he has enough money to throw out, he is going to regret what he did. His job gave him a steady flow of income every month, which he won't be getting by investing on crypto currency.
5174  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why the Ether will drop to $ 60 on: September 17, 2018, 07:12:14 PM
While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
I don't understand you reason for said that the price will fall to $60 if you think that the ethereum has no use then it should go to $0 not to $60.But we can't say we no need new ICOs because still we are in early stage of crypto growth more new coins will pop up.
The price won't drop down to $0. Even with a slightest trade volume, it will have a value. For the price to drop down to $0, each and every person will have to give away the coin for free and no one should be willing to buy it for any kind of price at all. But i don't think that will actually be happening anytime soon. People will still be holding it as a storage value causing it to give eth some sort of worthiness.
5175  Economy / Speculation / Re: Bitcoin again $18000 mark in this year? Definitely may a YES on: September 17, 2018, 07:03:04 PM
You are not giving any strong reasons behind your speculations. Just because the price went above $18,000 last year during december does not mean that the same thing will be repeating this year. Keep in mind that this is crypto market. The prices are unpredictable. No matter if the ETF is approved or some good news form SEC won't guarantee a price rise. We can say that the price may go above $18,000 or below $1,000 within the end of the year.
5176  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy or Not on: September 15, 2018, 10:38:33 AM
Hey guys how are you all? I think not good all because  all cryptos are too low now even ETH too. But now i want to strat trading again. Can i buy coins in this situation or not.
Thanks in Advance
Umm.. you are scared to invest since the price are too low? Duh! That is actually when you should be investing. You invest when the price is low and sell when the price is high. If you are planning to do a long term investment, then the price won't matter. You will still make profit, but can maximize the profit if you invest when the price starts going to its minimum point.
5177  Bitcoin / Bitcoin Discussion / Re: Expectations of experts on Bitcoin on: September 15, 2018, 10:35:11 AM
I don't see any of the points you mentioned going to be affecting the market in the long run. This year might not be the year for crypto currencies. But we have seen the price staying stable for almost few weeks (not considering the short living spikes, since the price goes down to where it was). We can't expect anything much right now unless all walls are broken and the support level rises. Until then keep investing and holding your coins.
5178  Alternate cryptocurrencies / Altcoin Discussion / Re: can cryptocurrency succeed? on: September 15, 2018, 10:19:02 AM
Cryptocurrencies have proven that we Can transact anonymously without a centralized interference.
The Blockchain has proven that data can be stored in a decentralized public ledger against any form of manipulation.
Smart contracts has proven that two or more people can trust a system in which the assigned contract managing it will be fair to all parties...

When speed, simplicity and efficiency is added to all of this I think decentralization and blockchain technology can go far in the real world as regards adoption.

What do you think of the chances of cryptocurrencies to succeed?.
We can say that crypto currencies are in their way to success but cannot reach the peak point due to various kinds of barriers it is facing. Most of the government hates bitcoin and other crypto currencies. They are trying to keep domination over them by imposing various kinds of useless regulation. As a result the development of crypto currencies are being hampered. The potential of crypto currencies are being buried due to reasons  starting from government hatred to spreading of FUDs.
5179  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC in crypto, does it really require? on: September 15, 2018, 10:13:16 AM
The governments are getting strict day by day. The are strongly regulating the crypto currency field. Thus, the project developers are being forced to follow the rules of the government by collecting the "Know Your Customer" forum so that the government can keep track of the investors when needed. It also helps the ICO to prevent investors from abusing anything. Again there are those scammy ICOs who collects your information and ends up selling those information. Just be careful when handing out your sensitive data.
5180  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth the work and waiting? on: September 14, 2018, 08:44:23 PM
Just saying, this platform/forum is not for making money. The forum is here for making discussions and engaging with each other. If you join the forum for just earning money, you will end up contributing nothing and unintentionally spam the forum. So, honestly it does not matter how much you earn. At least you are getting something in your pocket while learning something new everyday from the forum.
Just a tip for you. Don't dump your tokens as soon as they are introduced in an exchange.
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