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5321  Economy / Gambling discussion / Re: 2019 NBA Season on: June 30, 2019, 03:14:35 PM
The latest news is that Celtics don't want to resign Kyrie so he is gone but they did it knowing they would have a back up. Kemba Walker got a 160 million offer from Charlotte instead of a 220 million one which I could understand because Hornets are not going anywhere with this team and for the past 15 years they haven't managed to really do anything so its time for them to start tanking and send Kemba away.

Celtics will get Kemba and Kyrie has a possibility of going to Nets because DLO Russel were eyeing to go to wolves as well, so you see that comes in a circle all around, Kemba to Celtics, Kyrie to nets and Dlo to wolves. Kawhi situation is still not over yet but everyone says that Kawhi is waiting to see where KD goes, if it is clippers than Kawhi may join him as well, they could have enough cap space to get them both.
5322  Alternate cryptocurrencies / Altcoin Discussion / Re: LIBRA - Strategy for world domination on: June 30, 2019, 02:08:59 PM
I doubt just because facebook will have Libra it will turn into world domination. This is not some movie where people are fighting to have world domination by evil guy but heroes come in and save the day.

When a rich person does something they do it for only one reason and one reason only and that is to make even more money than they have, nothing else. They want the power and they want to have the ability to be truly free, as in literally kill someone if they have to and get away with it (don't assume its weird, third world country dictators do it all the time).

So, facebook and mark will have libra and more power over more people thanks to it but they don't want world domination, they don't want to control the world, they only want to be not controlled by the world that's all.
5323  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Facebooks LIBRA coin destroy Bitcoin? on: June 30, 2019, 01:19:58 PM
Anyone who thinks libra could even rival bitcoin shows clearly how they didn't even understand why bitcoin is so successful to begin with.

Bitcoin is so great because it has no central organization, it has no controlling party and it is purely incorruptible. Whereas libra is literally facebook coin that will be stable and pegged to fiat currency and will be sold and managed by facebook.

If you mean investment wise libra will be stable so it won't have any chance making you any richer, if you mean technology wise bitcoin had 10 years to improve whereas facebook will be new, if you mean community wise bitcoin has built a strong one for 10 years whereas facebook has its users but not all will use libra and only a small portion will. Basically in every single aspect bitcoin is much better.
5324  Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance on: June 30, 2019, 12:42:32 PM
I think not just bitcoin but crypto could play a role in there. I mean think about it if you have a national crypto like petro that is based on a resource you have in abundance then you can actually make a big difference in your countries problems. Why would a country have inflation?

Well, they usually have too much worthless money and nobody really needs that national currency for anything at all that is why, the moment your countries money becomes so useless that even your own nation doesn't use it it becomes worthless. However if you have a crypto pegged to a national resource you have a lot of like petro that will be needed and used because people will want your oil (or whatever it is) and they will have to buy your petro to actually buy your petrol which will make your currency valuable and wanted again.
5325  Economy / Economics / Re: Countries that economically and bitcoin friendly on: June 30, 2019, 11:49:16 AM
These countries will also be kind of an example, there have been some before and countries which that saw others support crypto get taxes and support and economical positivity from it also replicated the same laws and the numbers grew but the more is merrier and it is harder to get from 1 to 2 countries but easier to go from 50 to 51 so the more countries there are the more countries will start to support as well.

Maybe china will not get supportive all of a sudden that is for sure and maybe Russia will become even more crypto friendly but in the end there are still some places that have neither banning of crypto nor supporting of crypto and we should focus on those countries that may see these ones as example and make changes to their laws to get some advantages as well.
5326  Economy / Economics / Re: What would you want to see on a Crypto Only exchange ? on: June 30, 2019, 09:48:31 AM
I think ID is a personal option, I mean why would I agree with them to keep my ID and information safe when I can just not give it to them? These small stuff that you slowly agree to do with promises becomes bigger than you think, if you just not allow them to do it then they will have no choice to just allow you to do trading without ID since there will be competition offering the same thing.

However, if you allow them to take your ID and enough people do it then in the end there is no way they will stop asking for it, maybe government wants to take it, maybe they are legally oblige to ask for your ID and give that to countries but if I have an option to stay under 2 bitcoins and not give my ID then I will keep doing that forever with multiple exchanges instead of use one and go over 2 bitcoin.
5327  Economy / Economics / Re: Crypto Insurance on: June 30, 2019, 07:47:50 AM
What are your thoughts about having a compulsory insurance when someone wants to do some ICO so that investors are safe and the participants are also safe? So if ever they want to scam people, people are secured.
I think that is not remotely possible because if a person who is creating the ICO no longer wants to work on it than they have the right to do so. Coins are almost always decentralized and if even the creator of that coin doesn't want something yet the people and miners do then people will pick the new fork and the miners will too which means owner will have nothing to say. Did we asked satoshi nakamoto when we moved to segwit and now lightning network? No.

It means when a coin is out its everyone not just the creators thing, if a creator doesn't want to continue working on it then they can decide not to, it belongs to people now and not the owner. The owner offers you a coin and you pay for it but the rest is just up to gods to decide what will happen or won't happen.
5328  Economy / Speculation / Re: Why was $13,800 unsustainable? on: June 30, 2019, 06:55:16 AM
I think as long as sellers do not sell at these prices then buyers do not need to spend that much money neither. We can theoretically speaking can increase the price of bitcoin without spending a single dollar. How? Simply just nobody buys but sellers do not want to sell at these prices so everyone removes their sell orders and then the lowest amount of bitcoin being sold is 20 thousand dollars and people buy there, that way from here to 20 thousand dollars there are no sellers at all and only at 20 thousand dollars there are sellers which would mean bitcoin price all of a sudden becomes 20 thousand dollars. That is just an example and it would never happen but it shows how we can just sustain the price increase by not selling as much as buying a lot as well.
5329  Economy / Speculation / Re: What the Effing Hell is Going On!?!?! on: June 30, 2019, 06:05:40 AM
I think it will be fine, we have dropped to 10.900 at bottom but now we are over 11.8k once again which means as you can see bitcoin is not going to die, its not going down, it went down a bit but afterwards it went up again, which means its not continuing to go down.

If it went down to 10.9k then it went down even more I would be scared too but after it went down it skyrocketed back up so we have nothing to fear. Check out the prices of bitcoin every single day when you wake up, if it looks more than what it was the day before then it is doing fine, every single morning you wake up the price keeps going higher and higher. That is why I wholeheartedly think that bitcoin is just fine, corrections do happen and it should, as long as we do not keep going down we will be fine.
5330  Economy / Speculation / Re: Does Facebooks's Libra cause the growth of bitcoin? on: June 29, 2019, 04:17:01 PM
Libra could have an affect on the late stuff but remember bitcoin started going up before libra started. I personally think that it should be creating this new wave of people interested in bitcoin but only after Libra is a reality and everyone uses it, not right now. Right now, people know that Libra will come out and those people are already crypto currency people because facebook is not making any marketing or advertisement efforts for something they haven't even published yet.

When libra comes out they will advertise it and they will have a huge marketing budget and everyone will start to use it and then maybe move to crypto currencies as well however until it is not even published there is no way it affects bitcoin at all, in couple years sure but now I doubt so.
5331  Economy / Speculation / Re: Where will the price stop ? on: June 29, 2019, 02:59:40 PM
I think the upper movement seems to be more likely right now. Look at the price right now, it had a correction and only dropped thus far which means the support lines are coming right behind us when we are going up, normally if the support lines were weak and they weren't done properly then we could have dropped a lot more yet we didn't which shows clearly that people are still bullish about bitcoin.

If the bear idea or even a slight panic selling happened we could have dropped more but people are not willing to sell their coins for too cheap since they want to make profit. Of course, there will be people who bought bitcoin for high prices during 2018 bear run and they want to get out as quickly as possible but even with that in mind I think this is just a temporary selling to make profits which will eventually stop when they run out.
5332  Economy / Gambling discussion / Re: 2019 NBA Season on: June 29, 2019, 12:49:42 PM
I think for Kawhi its not about Lebron or AD or even Lakers to be honest with you, it could always be clippers, dude is from Los Angeles himself and he always wanted to play in Los Angeles to be with his family and to be close to his hometown because that is the type of guy he is, he always misses his home.

Now, of course this is basketball and a professional sport so he played in Toronto literally the only team that is not even in the same country as Los Angeles and as far as possible but he managed to keep at it and work hard and even won a championship, so he can totally stay in Toronto and that would make sense. But if he comes to Lakers that wouldn't be because of Lebron or AD or anything else, it would be because Lakers is literally his hometown and all of his family is there, he just wants to go back to his home that's it.
5333  Economy / Gambling discussion / Re: Hospital That Treats Bitcoin Gambling Addicts? on: June 29, 2019, 10:53:07 AM
I have heard about hospitals that treats gambling addicts but it is the first time I hear about an hospital that treats bitcoin and crypto addicts.

It is funny because I don't understand what they can possibly do to a bitcoin addict there,a bitcoin addict has no need to be cured.
Kind of awkward really. Why Bitcoin addicts, and why not treat addicted gamblers generally? Are there Bitcoin addicts at all. I think I need to get the name of the hospital and read more on the agenda. I have the feelings that the hospital is one of those that want the public to have bad perception of Bitcoin and make them believe it makes people suffer addiction because frankly speaking, I do not see any need for being sentimental by treating just Bitcoin addicts.

I have always head of gambling addicts but not crypto addict, if there was a need to treat alcoholic addicts, will it be specified the type of alcohol? Gambling is a general class, I don’t see any need for differentiating.
Bitcoin gambling is the main reason the number of addicted gamblers keep on growing every day and becoming too obvious, prior to when cryptocurrency was created, the number of addicted gamblers were not as much as the way it has been now, and since the invention of crypto gambling most of the new generation youth find it as a great way to multiply their coin and as well make quick money.

I come from a country where the unemployment rate is really high and the only way youths can keep themselves occupied and as well make money is by gambling especially when its bitcoin gambling, it might be risky but the great chances of winning plus the advantage they stand to gain if bitcoin increases makes every youth want to become a gambler automatically.
5334  Economy / Gambling discussion / Re: Casino investment - how to calculate ROI? on: June 29, 2019, 08:26:28 AM
There is both a way to calculate it and there is also definitely no way to calculate it at all.

Now, one is having the bankroll and checking how much the bankroll is in total, some places gives this information while others may hide it (usually almost all of them gives it) then you can try to check and find how much is wagered on that website, if you can find the wagered amount you can calculate how much the house edge comes down to, which is usually 1% so find the wagered amount total and then calculate the 1% of it to find what the profit should be like.

After all that you calculate how much bankroll is and how much it earned and you divide it to each other and find how much you invested and calculate how much you should get. Of course, that is just wrong because this is casino and there could be wins and losses out of ordinary in big numbers plus the bankroll could change at any given day too.
5335  Economy / Gambling discussion / Re: A new kind of scam in telegram using gambling site on: June 29, 2019, 07:18:51 AM
Thank you for giving us a fair warning. I also got some message in my telegram, but I just totally ignore them. Being long in the game, and specially when the price of bitcoin is going up, lots of scammers will come up with every ways they think that they can scam people, but not me.

But for those newbies, let this be a lesson, "if it is too good to be true it probably isn't".
That’s true. Everyone wants to get rich from the latest bitcoin uptrend, so many new scammers, I see a lot of them also but being Familiar with stuffs like this I just ignore. No scammer would scam me of my hard earned Bitcoin, not in this very critical time.

Let them that have ears hear. Newbies, if the preposition is looking too good, run as far as you can, its scammers alert. I hope they get the message clear because I believe greed would still not allow them understand this but once the money is gone, they come back blabbing and putting blames on casino sites. I had a friend who lost a very huge amount of money to such similar incident. This is really rampart but avoidable for the wise.
5336  Economy / Economics / Re: How Will FB Coin/JPM Coin Impact the Cryptocurrency Ecosystem? on: June 28, 2019, 12:42:41 PM
I think we may not trust facebook or jpm but there are so mnay people that trust them and facebook will make their own currency market so well everywhere all around the world that eventually even companies will start to pay each other with libra to make things easier instead of bank transactions.

You and I may not trust it, however they have billions of users and that means even if 1% of it uses that currency it will become huge. Hence, I think this will be good and bad, firstly good because they are still doing something banks have been doing for years and it will hurt banks so having Libra on our side against banks will help us, but the bad is they are also trying to steal away people from crypto world too which will hurt us as much as banks and we are not as strong as banks.
5337  Alternate cryptocurrencies / Altcoin Discussion / Re: End of FAKE volume reporting on: June 27, 2019, 04:00:21 PM
I think it was already obvious, you can see a place getting too much attention and their volume is also high so you kind of understand how big they are, you go on forums and reddit and social media and everywhere you look you see binance as the king of all exchanges. Then there are small god knows who uses this type of awful places that nobody talks about and they are getting a ton of volume on the lists, well you tend to not trust them at all. I have personally been involved in many ICO as a team member and my teams have reached out to exchanges to get listed and they were giving away market making bots to us to buy and sell our own coin to make it look like our volume is up which works for them too because while our coin gets more attention their website getting more volume as well.
5338  Economy / Economics / Re: Using credit cards to buy bitcoin in the bull run on: June 27, 2019, 02:53:18 PM
Warren buffet always says "do not spend and invest the leftovers, invest and spend the leftovers", if you want to make legit investments even if you are a poor person that makes the end of the month difficult just try to invest your money into whatever you want (in this case bitcoin) and then spend the rest for living making it even more difficult to live but if you can adjust it and manage it leave it as it is, if you fail and its not possible at worst you will cash out your bitcoins.

So, there is no loss in this scenario, just invest as soon as you get your pay check and try to live, if you fail at worst you are fine but if you spend your money and try to invest whatever is left then you will most likely have nothing left at all. That is what I have been doing for years and it worked perfectly most of the time (sometimes I had to cash out a bit to be honest but that was fine).
5339  Economy / Economics / Re: Any other areas that blockchain can be used? on: June 27, 2019, 01:39:27 PM
The blockchain system could be used very well in sports if you ask me. I know it sounds far fetched but we all know who Messi is or Lebron James is or Nadal is, yet we don't know the small time local people at all.

If you use blockchain to give these people voices too you can have a scouting system in all over the world for any sport you want, there will be difficulties like who will put the data in and how legit it will be but if you have agreements with the sports officials to put them in instead of teams itself then you can find someone from 7th league of English soccer league from all the way in Nigeria or vice versa to find people that are way above their leagues and plays much better than others comparatively. That is why in sports blockchain could make a huge change in scouting and bring all sports into football manager level of scouting as well.
5340  Economy / Gambling discussion / Re: 2019 NBA Season on: June 27, 2019, 12:49:09 PM
I think it is the difference of teams success as well. Last season Harden won the MVP and his team was around the same places as this season, so when you look at it harden and rockets didn't do anything out of ordinary for them, it was expected of harden to lead rockets to top of the west conference.

On the other hand, Giannis made bucks a lot better this season (of course coach bud had a lot to do with it) and then bucks became the first seed in the east. Which means giannis both improved himself but also improved his team as well. That is why Giannis got the MVP, not because he was better than Harden but because he was the most "valuable" player, if we gave the award to the best player ever then KD or Lebron would have got all mvp's in the past decade every single year.
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