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5261  Economy / Economics / Re: Can Blockchain Replace Banks? on: July 14, 2019, 08:03:03 AM
I think blockchain can't do that but wallets of bitcoin could potentially steal some customers. Right now, there are places like xapo or coinsbank or whatever else you want to use and with that you can literally get a debit card that is filled with bitcoin or other cryptocurrencies they work with and than you get to spend it wherever you want like a regular debit card and than you still get to keep the rest of it on bitcoin anytime you want.

So, you are basically spending bitcoin on stuff and can be using it wherever you want in the whole world as well, it is giving you that insane freedom over your finance and you do not have to ever use a bank, you can even send money to people from there as well because it is credit card like system and all you have to do is wire them some money.
5262  Economy / Trading Discussion / Re: Is there an functioning Arbitrage bot? on: July 14, 2019, 06:51:06 AM
What you need to know about arbitrage bots is that even if you can find one that is working perfectly that might also mean there are other people who will use it as well and that may make things a lot harder for you. If an arbitrage bot is actually working and sold to people than how can we so sure about another bot is not doing the same thing at the same time covering the difference quicker than you?

Hence, you need to make sure you have a decent amount of capital to start with in case things get sour for a while and your bot is always one step behind the other persons bot and you do not make good enough money, eventually you will make some profits but until than you should always be careful with your capital and not spend more than 10% of it in any trade at all.
5263  Economy / Trading Discussion / Re: Is this the Donald Pump we've been waiting for? on: July 14, 2019, 06:03:23 AM
Donald Trump is a big fool if he thinks people who are interested in bitcoin and crypto would listen to him. To begin with crypto is for people who are against banks and against establishment, this is the president of usa who is basically faking his wealth and acting all establishment himself so why would any crypto person listen to him at all.

There is not a single soul on this earth that would say "well if Donnie says so then I will stop" so it won't affect crypto in any sense. However, if I know donnie well enough then he might come up and say something great about cyrpto the next day as well because he is known to change his opinions quite frequently which is why nobody really cares about what the hell he says since it can change in matter of hours.
5264  Economy / Speculation / Re: Bitcoin price falls why?? on: July 13, 2019, 05:34:56 PM
I think these "corrections" will keep happening for a long time. The reason why they happen so quickly is that they are breaking the stop losses plus puts the panic sellers in danger mode as well. So, all you have to do is manage to sell enough bitcoin to drop the price only a bit and when you drop it that bit (mostly people who have bought bitcoin long time ago and have been waiting to sell it to make a profit finally and get rid of it) then the traders sees that and change their perspective on charts and they decide that its time to sell as well, after that happens then it triggers the stop losses and some people sell as well, so after even that the panic sellers fearing that bitcoin will go down even more sell as well.

All these combined makes a super quickly fall for bitcoin, however the good news is, it also makes going back up quicker as well.
5265  Economy / Speculation / Re: Bitcoin takes aim at $100,000 target on: July 13, 2019, 04:57:21 PM
I understand that 100k has been the goal of many bitcoin people and I feel like its such a target that if we finally reach it one day then we will fall like huge, because everyone aims at it so much that when we hit it then they will sell it, nobody would wait for 110k or 200 or 300, if we reach 100k they have been waiting for it for years so they will just dump all coins they have in their possession.

So, I both want to see 100k but I also do not want to, maybe stay around 50-80 for a long time before we jump over 100k so we could both enjoy the increases a bit before we eventually end up losing most of it back. Hopefully though all these experts that calls for 100k is right and we reach that, the higher the price the more credibility bitcoin gets from non-financial world as well.
5266  Economy / Gambling discussion / Re: 2019 NBA Season on: July 13, 2019, 04:06:29 PM
CP3 seems to be stuck on Thunder for now. They are trying to find a way to get rid of him but it looks like it is not going to happen anytime soon because his contract is so big and he is the president of NBPA so he will not just waive his rights or get bought out so he will have to get traded in order to not count for the cap and that is very difficult.

OKC wants to get as many picks as they can and right now they have 14 first round picks and 4 pick swaps until 2026 plus god knows how many second round picks with it, if they decide to unload Chris Paul somehow then they would have to give up some picks as well and that doesn't really makes sense at all, if they want to rebuild they need picks so if they trade away picks to get rid of cp3 then what is the point of getting so many picks to begin with? I really wonder they will end up doing eventually.
5267  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What are the benefits of a decentralized exchange? on: July 13, 2019, 01:29:01 PM

As the number of crypto tokens increases, so does the need to convert and redeem crypto tokens. About centralized exchange we have knowed a lot, and can anybody tell me something about decentralized exchange? and What are the benefits of a decentralized exchange?
I think the good part is to have more security and less need for trust, the regular exchanges get hacked all the time and their hot wallet getting emptied or the api gets hacked so there are fake pump and dumps to make money with other peoples money as well so in the end there is really no trust in any of the big exchanges, even binance got hacked couple of times both to get their hot wallet emptied (they recovered from it) but also get the apis hacked so one coin would increase like 700% and make money for the hackers (nobody recovered from that).

So, when you have a decentralized exchange those type of things can't happen since there is no central deal that can be hacked, they would have to hack each and every single individual account to make a difference and that is way harder than just hacking one exchange.
5268  Alternate cryptocurrencies / Altcoin Discussion / Re: Trump's statement against cryptocurrency on: July 13, 2019, 12:26:57 PM
How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency? 
Honestly, I doubt anyone cares about Trump at all. He talks about whatever he wants the way he wants and that is not just crypto currency neither, even stock market is not caring about what he does and that is why it doesn't go too low nor too high because they know he might do something crazy that would drop the prices of all stocks or do something weird and increase the stock market prices.

Only the republican Americans and only some part of it as well cares about trump, all the other Americans and rest of the world sees him as someone not to be taken seriously and doesn't even feel like he is the president at all, he is just a puppet for some people around him and does whatever he is told. So couple of tweets about crypto by him means absolutely nothing to us at all.
5269  Economy / Gambling discussion / Re: Need partner to bet with on: July 13, 2019, 09:14:36 AM
Prevention they say is better than cure, it’s better to avoid partnership deals that might lead to any trouble. Escrow cannot be completely trusted and I am glad you have mentioned how some scammers can work with escrow agents to make the deal look quite real and then end up scamming the innocent.

Although I have never done a deal like this but judging from the stories of people that I have read here on the forum, I can say that partnership deals are the most risky deals anyone would want to try, because both partners have never met and everything they share in common is based on trust and many at times, its discovered that one person is not coming in with genuine intentions and this completely ruins the deal.
You are absolutely right. Like I always say, whatever deal that’s not guaranteed to be safe is better to be avoided. Escrow method for me is good. And I think this is the first time am reading that scammers now work with Escrow agent and I must say that this is really appalling but I believe all is under control.

Partnership is good but not in a platform like this where people do not really know themselves. There is possibility that the OP is sure of delivering but the question is , who will trust him enough for this? It would have been better he didn’t suggest it at all because there’s really no way he can get a partner here on the forum except for some newbies that probably didn’t do their research.
5270  Economy / Gambling discussion / Re: What are the features you want most in a sportsbook? on: July 13, 2019, 08:34:40 AM
Basically, in every feature gamblers will demand you, but we feel happy when we see Instant withdrawals. It give us courage to play more and more, but the second ones is trust, and i think most of the gamblers have trusted in your book, that's why a huge members are comments on it.
I think talking about instant withdrawal, the first thing that would come in mind is the reputation of the site because from all experiences I have gathered, only reputable sites offer instant withdrawal. I have never seen a non-reputable site that offers quick withdrawal and no site that gives quick withdrawal ever turns out fake.

For instance I have been using Nitrogen and sincerely I am always glad about how quickly  I get to receive my payments and meanwhile I have friend using other sites that would always complain about the sites challenges in making payment. I advised my friend last year on a site that keeps delaying payment but he didn’t accept it was a fake site because in the end he still gets paid after the delay. But just last month, he has called to inform me that the site has finally shut down.
5271  Economy / Speculation / Re: How much Bitcoin to accumulate now to be financially set after the next boom? on: July 13, 2019, 07:56:19 AM
Depends on the nation as well, I mean if you live in USA than you need more money to be financially set versus if you are in some African small country, I am sure people in Zimbabwe or Venezuela do not need that much bitcoin to be financially set forever, with just like 10 bitcoins they should be able to live forever whereas an American would need something like 500 bitcoins to live forever with it, maybe even more if they live in New York or Los Angeles type of expensive places.

I would personally want to have Dash masternode (or something similar in passive income sense) that would make me enough money with the profits, so if I need 1000 dollars per month then I want dash masternode to give me that much if its 1 node or 2 or 5 doesn't matter to me. That way I can both keep my capital without spending and still don't have to work ever again.
5272  Economy / Speculation / Re: Calm down. on: July 12, 2019, 04:28:08 PM
Look I am bullish on bitcoin as much as the next guy and I do feel like it will go up more than people even imagines but at the same time looking back on history and hoping that it will do the same thing is quite wrong. This is bitcoin, it can go up or it can go down but it doesn't have to do it in the same way that it has happened before, it could do it much differently this time around.

How 2011 increase was different from 2014 and 2014 was different from 2017, this could be different from all others as well. That is why even if you are bullish (or if you are bearish on bitcoin but then why are you here at all) then you should still not look back on the old charts and try to imagine what would happen if the same thing happened here, that is only assumption that might not happen and would ruin your predictions.
5273  Economy / Gambling discussion / Re: Cryptocurrency In The Gambling Industry: All You Need To Know About Bitcoin on: July 12, 2019, 03:56:56 PM
Crypto gambling now become popular since many people are interested to try to use online/crypto gambling. Crypto gambling gives an easy way to place the bets because they don't have to go to the gambling places and they can stay at their home while they can place the bets. Besides that, they can prevent themselves from the robbery that might happen if they walk away with the money to their home. They can feel safe to withdraw the money in their home and they can receive the money without any trouble at all.
You have successfully outlined all the good sides of crypto gambling of which I agree with you completely, but don’t also forget to add that gamblers have become extremely greedy since the invention of cryptocurrency gambling. I am not trying to be on the Negative side, but sincerely, as much as online gambling has made gambling more easily, it has also succeeded in raising gamblers whose gambling motive is completely different from the initial intention of gambling.

In the days of traditional gambling, gambling was more or less for entertainment but these days, especially in this era of crypto gambling, we see more of greedy gamblers who do everything possible to make money from gambling and this has really destroyed so many gamblers.
5274  Economy / Gambling discussion / Re: 2019 NBA Season on: July 12, 2019, 01:06:47 PM
Harden and Westbrook are both primary ball handlers but what you are missing out here is that CP3 was always injured and was getting super old whereas Westbrook only missed a few games in the past 6 years and is an iron man when it comes to conditioning so he will be helpful for the "run" part of d'antonis system.

So, yeah when it comes down to half court then Westbrook will be probably just standing in the corner and not doing much but he will be the fast paced running down the court and always keeping the offense on their toes guy when it comes to the seven seconds or less parts of the playbook. He also has the super advantage of going inside with force and dunking on people, so he could totally just run it down and kick it out to harden for the three as well.

Only worrying part of the deal is that Westbrook has been shooting a lot worse recently, both on free throws and three pointers, if he can recover that then they will be unstoppable.
5275  Economy / Economics / Re: If a pyramid runs forever, is it still a pyramid? on: July 12, 2019, 12:37:51 PM
I have seen plenty of mlm type of ICO as well and nobody talks about that, it was the worst type of coin offering I have seen and nobody really cares about it. You pay a certain amount of money to get that coin from another person and then that person keeps their coin plus gives you their coin, then you sell it to someone else and you keep yours but get your money back and you can sell it to as many people as possible.

It is literally that way that they are getting funded as well as mining that as well. It is the worst thing that happened to crypto currency because we already have the ponzi schemes in the world as of right now and we do not need it to come to crypto as well, we have something good here and we do not want it to get blown off neither, we just want to keep it as it is.
5276  Economy / Economics / Re: Bitcoin available for premium rates in India. Some asking for 30% more. on: July 12, 2019, 12:05:29 PM
I think it will just take time, India will be the country with the most improvements thanks to bitcoin and they will definitely take advantage of it with time.

Think about it, you see Indian workers in all small time workers, upwork places fiver places and many other places like that, cheap coders, cheap designers, cheap everything basically and with bitcoin help they will be able to get more money out of people, yeah they are already getting money thanks to either paypal or find another way or find big jobs but will be able to get cheaper stuff as well and just work from home all day thanks to bitcoin.

They will be literally getting money from other countries, that is very important thing, other countries will be spending money and buying bitcoins to send it to India, then India can be collecting those bitcoins (small users can exchange it to Indian currency right away) and send it to other nations to make money. Its nationally a great idea for them.
5277  Economy / Economics / Re: Surveillance Capitalism, Facebook coin, KYC, crypto on: July 12, 2019, 08:58:19 AM
There is no need for privacy coins, there is no need for surveillance capitalism, there needs to be a middle ground and we have it ; bitcoin. Right now stuff like monero or xspectrecoin and so forth are good at what they are doing but do we really need that much security? Are we sure that its just enough and should be that much? I feel like I would work way too much for security and privacy too much, I think bitcoin is just enough for me.

Obviously, Libra is way too much centralized and its risky to use it because they will be following every single money you spent and just like they use your information to sell ads they will use your spending behavior to also sell it for ads and that is not acceptable neither. So thats why people use bitcoin and say both libra and monero are both too sides radical.
5278  Economy / Economics / Re: How can I start a business that offers crypto services? on: July 12, 2019, 08:27:29 AM
I think getting a loan is easier these days depending on your credit, banks are giving loans left and right because they have too much money and they don't know what to do with it and they know for a fact that law is on their side so at the worst case they will just call the cops and seize whatever you have to pay for the debt.

However, they are charging you a lot of fee for it because interests are going up and the inflation is going up which means the loan interest go up as well and that is why you would have to pay a lot back. That is why getting a loan is easier but keep paying it is the hard part, how do you plan on operating a whole business when some of your revenue goes directly to paying back the loan and not going bigger, that is money that could be spent on the business that is gone and it could even be the decision between keep running it or closing the shop.
5279  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it just me or is the market dominance of BTC dangerously high? on: July 12, 2019, 07:48:06 AM
I think it is getting out of control, I mean at certain point it is understandable that bitcoin should have a high dominance but until how much?

Like we can understand why bitcoin dominance is not 10%, nobody expects that, it can totally be 50% or even maybe 55% but it is as high as 63% right now and that doesn't seem healthy, the more bitcoin dominance stays high the more coins that die as well because if all money goes to bitcoin then the rest will go to the other high ones in top 5 or top 10 but the 150th coin will keep losing its value constantly (150 is example only) so if we want the whole of crytpo world to continue living then we need the dominance to go down but not by bitcoin price going down but others going up, that way we can have healthy dominance once again.
5280  Alternate cryptocurrencies / Altcoin Discussion / Re: Trading Teaches Me New Patience And Experience! on: July 12, 2019, 07:18:37 AM
Yeah, it does teach you patience for sure, it is incredibly nerve wrecking at times and you just have to calm yourself down and do stuff much more wisely.

I remember the early days when I sent just shy of the minimum required amount for deposit and because of that my money wasn't shown in the wallet so I was yelling everyone I found and I was writing bad stuff all over internet about them when in fact it was my failure of reading the rules caused that and they eventually returned it after review, that was about 5 years ago (probably more) and now I do bad trades time to time and still manage to calm myself down and figure out a way to recover that as well from extra steps that helps me restore back to old amount. If you are calm in crypto trading then you have a good shot at profiting.
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