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5381  Local / India / Re: Is China still dominating the mining industry on: December 16, 2019, 04:34:06 PM
Much of it might come from Bitmain which actually stands as a monopoly in China.
The government there is allowing companies like Bitmain to proliferate their business. Unlike India where they are trying to curb crypto-related projects. Things may soon change too.

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Don't you guys think that having such a huge dominance is a potential risk to the bitcoin network ?
Not at all. I dont know where you got this idea from, because this is a common FUD point made by nocoiners and altcoin shills to scare bitcoin users.

The mining system is protected because you cannot expect all the miners to unite in order to break the chain. Those who try to break the consensus will be caught. This is something like the balance between yin-yang or good and bad.
5382  Economy / Gambling discussion / Re: Do you use betting tips? on: December 16, 2019, 10:32:51 AM
It's good to look for free tips compared to paid tips. I once try a paid tip for 5$ with a total odds of 8+ parlay bets and it ended badly, my bet lost 1 match. The next day the person I paid didn't respond to the bet since that happened I no longer tried that. He got a profit and I lost.
Its very difficult to understand who is trying to pull the wool over your eyes here. Everyone wants to get rich and this greed blinds your view. If you think buying a tip from a tipstar will give your profit because the outcome is known then you are mistaken. Things are not easy in life and you are getting scammed by your greed.

So if you want to bet, bet with your own tip. Dont listen to what others have to say. Stop depending on someone else and develop your own spreadsheets to keep track and place bets.
5383  Economy / Economics / Re: BTC to GOLD on: December 16, 2019, 10:26:40 AM
It is good idea to buy Gold when you what your money not to fall below its current value.
Lets just say that it is good to keep some of your assets in the traditional markets like gold because they will exist in future and have a lot of advantages than keeping the money in banks.

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Historically, Gold is a precious stone whose value has been stable in growth without the investors losing out.
Gold is precious "metal" not stone.
Value has changed a lot since its starting of use in barter. It fluctuates everyday and is nowhere near stable. Also it does not mean that keeping money in gold will nullify losses.

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So, the idea of buying Gold is an idea of preserving the value of your money for a long period of time while increasing the value.
Cant make out your words here. Are you using a translator to post? Price of gold will increase in future and that makes it popular, if that is what you meant.

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Even now, cryptocurrency have helped us to have digital gold whose growth is equivalent to real Gold.
A wrong statement again. Digital gold is just a nickname that people have given to bitcoin. The real digital gold would a tokenised version of gold backed by real gold. Like a goldETF or what the Xaurum token has done.
5384  Bitcoin / Project Development / Re: Faucet Game payout in what coin? on: December 16, 2019, 10:19:27 AM
Typically you have to start with bitcoin. You might think this to be the best and most logical approach, but soon enough a certain group of people will keep on suggesting you to add altcoins. Due to demand you will end up having to add every other altcoin they ask for. You could go that way or not depending on your own choice.

Personally just add bitcoin payouts for now and see how the project works out. Then you could think about altcoins.
5385  Economy / Reputation / Re: This counts as "SPAM", right? on: December 15, 2019, 10:36:17 AM
I had to quote your post to see it completely.

It can be considered as spam. Just report it wherever your located it and let mods decide.
5386  Economy / Lending / Re: Need loan 0.005 will pay back 0.005 directly on: December 15, 2019, 07:29:47 AM
Need loan 0.005 will pay back 0.005 directly
Oh I get it, you are like a ping-pong service? Someone throws coin at your face an you throw it back at them? Sounds fun. But its not a loan.
5387  Other / Meta / Re: Save your nice merit records, here. on: December 15, 2019, 07:20:49 AM
Here is my addition to the thread. Reached 777 yesterday! Hope that makes me lucky Grin



Good luck to those who are hoping to earn more merits!
5388  Other / Off-topic / Is 777 a lucky number? on: December 15, 2019, 06:43:39 AM
Now that I got your attention, this is NOT a "Gambling Discussion" topic so please dont report it nor ask me to move it. Provided I had requested for a merit discussion section a long time back and it never came into existance :Lets Make a new board/section for "Merit Discussion"

So this morning I logged to find a nice little surprise, my Merit was exactly 777. It was 775 before I received 2 merits yesterday but had not logged in yesterday.

So I decided to open a thread about it to discuss some things on this fine Sunday.
1. Have you all ended up in a merit number that "looks" special?
2. Is the number 777 lucky? Grin

Looking forward to your responses!

5389  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: December 15, 2019, 06:36:50 AM
I will give you some examples here:

1. HR rolls big brags about it, ignoring people telling him to stop betting and then loses it all and comes back to the chat to beg some people for coins. - How does that sound?

2. HR rolls big, does not listen to anybody, cashes out and lives a happy life knowing they made a profit from gambling.

3. Someone gets a big win and then get robbed by a scammer because they were naive.

Overall its better to keep your wins yours only and secret. Cash out as soon as you win big. You dont want anyone begging you in the chatroom or another bet for the house edge to catch up.
5390  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Crypto/Blockchain hype over? on: December 15, 2019, 06:32:58 AM
The price in the cryptocurrency market since 2018 has been declining,
Price has nothing to do directly with the market. Its adoption that one should aim for. Spreading awareness and making people understand why crypto can be an alternative method to transact is important. 

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the number of ICOs and new projects are constantly appearing.
Thats called quantity, not quality. Whether these projects are worth spending money on is a question of quality not quantity. In face 99% of the projects are a failure. So whats the point in having a market where there is a complete flood of shitcoins and only bitcoin to keep for future?

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I also feel Blockchain is not necessary for everything.
This is debatable. Bitcoin was a use of blockchain and since altcoins never develop their own ideas, they follow bitcoin and thus blockchain was used. I am yet to see a non-blockchain altcoin project. Correct me if you know any though.
5391  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 40 Billion Bets | 112+ BTC Jackpot! on: December 15, 2019, 06:28:11 AM
Make sure to join the 45th billion bet challenge because it is a landmark for the site and how they have managed to compete with other sites in this very competitive environment of cryptocurrency casinos.

Every forum user who has at least 10 posts can reply to get a 20k satoshi bonus and if you are the winner of the 45th bet with proper bet amount you will get a handsome reward.

So dont waste time and join asap!
5392  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: 3000+ Cryptocurrency on Coinmarketcap on: December 15, 2019, 06:24:01 AM
Actually the presence of crypto is also full of business competition.
Rarely correct. Its much more competitive when it comes to the IPO and stock markets. Here you just see a bunch of whackjobs trying to get rich. Coinmarketcap is an aggregator of coins not a court to decide which one is better than the other.

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If they are not able to compete well, of course, they lose the sale value.
They lost value when they were unable to prepare proper marketing and development. These things dont come cheap and most projects are scraping for finances anyway so they go for the cheaper routes ending with inability to complete their promises of the project.

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It means zero trading volume. Now it has reached 3000+ cryptocurrencies in circulation. But among them, the active ones have platforms that can be used by the public. Such as platform exchanges, wallets, mining, and platforms that provide smart contract services. So what is the fate of tokens that are only present without offering public services? Of course, they will die on the way.
True, this is why majority of altcoin projects have been nothing but snowballing and trying to keep a veil. They are worthless and one should not waste their precious bitcoins on buying them. Rather buy more bitcoin since the price is low and stock them selling in future.
5393  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Exchanges that offers staking service on: December 15, 2019, 06:20:17 AM
This. Has the stuff that's happened to Upbit and IDAX not taught anyone anything?
Sadly enough, people run for quantity and not quality when it comes to some free money being given out. They take every exchange for granted and think its the best in the world to keep all their coins staked there to generate free income until one day they drop the ball.

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What about Poloniex, where people who held their coins there to lend them out got badly burned?
Dont forget about the exchange called Nexybit where people used to trade mining "scheme"/scam to stake coins and then one day the exchange told its investors to "Fuck off", deleted telegram profiles and sold off to some other unknown company. Sad thing is that nobody has the power to sue them.

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Don't trust exchanges. Use them for quick trades and then withdraw your coins or fiat.
I doubt anybody posting here will read these comments.

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And stake your coins in your own wallet.
Thats again not possible with all coins, or worthy of doing.
5394  Economy / Lending / Re: loan need for month on: December 14, 2019, 07:23:46 AM
Hi i need loan of 1000$ for month i don't have collateral and my rank is not higher is there anyway i can get loan?
You have already asked for a loan here - https://bitcointalk.org/index.php?topic=5208088.0

Members have explained to you why its not possible to get a loan and what alternatives you might want to consider if you are in need of money. Why are you making another thread here? You could have moved that thread here if you wanted more views.
5395  Economy / Economics / Re: The US & China Trade War is Nothing, Worry About Business and Bank Failures on: December 14, 2019, 06:51:24 AM
Oh, I'm not so pessimistic like you.
The pessimism that some users have is momentarily happening. It changes soon. Smiley

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I think the US government knows what to do with the debt of China and other countries. In fact, public debt is available in all countries and it is like a long-term bond. no one will be able to get it back in a while, it takes time to expire. so China cannot scare the US this way. Besides, America is a very rich country, only internal war makes them scared. I think China should give in and give up the idea that it is the most developed country in the world after 10 years. That statement only brought trouble to them.
Very soon both countries will be having an internal truce. The mass media likes to keep the fire burning and so they will post manipulative media articles. I am very sure the multi-national companies working in both countries have made up their minds as to what to do in future and how to resolve trade conflicts. Its about partnerships which if denied leads to wars and if accepted leads to peace.

Everyone wants to be a part of development, dont they? Thats why these things happen. Fact that market moves a bit sideaways during this time is like an indirect effect.
5396  Economy / Gambling discussion / Re: Gambling Addiction at its Worst! on: December 14, 2019, 06:48:01 AM
That's not the main problem, the problem is how can you make easy money in gambling, and the problem with us is that we assume gambling gives easy money where in fact we are the ones who are giving them easy money, its quite the opposite TBH.
And the fact that people hide the truth because they dont want to be judged. Just ask yourself, if someone was an addicted gamblers running through debts, would they want this reality to known to their friends? No. They would want to seem rich and famous. So their friends who are less informed would take it that gambling is worth the time and profitable giving them a false conclusion.

However this does not mean that there are people who only fake the truth. Many realize that gambling in the long term has got very less good effects on your bankroll and health. They preach that to those they care about too.
5397  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: cryptocurrency and forex trading.... on: December 14, 2019, 06:45:13 AM
Cryptocurrency trading is riskier, fluctuating but also more profitable, high risk = high profit.
Both of them are risky. No speculation based marketplace is risk free. If you are doing it then you are taking an inherent risk. Thats the price for the reward.


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If you are new, I suggest you try forex first, especially learning about technical analysis that is suitable for your trading strategy. And then learn to read market trends, learn a fundamental analysis and sentiment analysis.
I would not suggest someone to go for this or that. Depends on what the person prefers and what they are more comfortable with. Someone may have been doing forex for sometime and find trading it easier. Its possible to diversify and learn about another one like crypto but this is tough and practically needs a lot of homework.

Technical is not always the way to go. Its often based on simple assumptions that are going to go 50-50 so forex would need a lot of political news interpretation to determine trades.
5398  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Exchanges that offers staking service on: December 14, 2019, 06:40:59 AM
Staking may sound pretty good but here are some downsides that one should consider before going for it.
1. You have to store your coins on the exchange. If thats not there then it good. But if you have to store coins there then be at risk when hacks happen.
2. They may force KYC on your at any moment and put your funds on lockdown unless you clear them. At the moment your hands are tied and you have no authorities to complain to.
3. Staking rewards are pretty low if you are hoping to find something similar like a good interest rate from bank - then you are mistaken.
4. The staking rewards token will also be dumped making it difficult to reap any profit in the sell orders.
5399  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounties on: December 14, 2019, 06:33:38 AM
Why are you suggesting to stop wasting time on bounty when you are wearing a signature and an avatar by yourself ? Follow your own advice, take them off Smiley
Well the difference here is that those who are taking part in bounties are getting paid in shittokens which are useless. You can see me wearing a signature that pays in bitcoin which is what I suggest to people. Bitcoin paying campaigns are similar but not worthless. Good eyes though, I have been told this previously as well, and this is what I suggest them. Go for bitcoin paying campaigns and boycott bounties.

Its good that you take your time to reply here its helps me clear out some points which may seem contradicting. Appreciate your effort!
5400  Other / Beginners & Help / Re: The reality of Merit on: December 13, 2019, 03:40:20 PM
Everyone puts oil on the oily head.
Sorry that you see this from your perspective but its not so. If it was something like that then the admins would have changed the system, its running for more than a year now I myself reached the self-made senior rank, will soon become self-made Hero and Legendary. I am pretty optimistic about it.

Whether you get merits or not depends a lot on your luck and how much merit sources have at the moment. There have been members who ranked up from newbie to much higher ranks. Check out the meta section and you will find some inspirational threads. Wink
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