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5421  Economy / Gambling discussion / Re: 2019 NBA Season on: June 17, 2019, 02:40:12 PM
Do not forget that when Celtics and nets made a trade for future picks in exchange of old stars the nets actually made a great improvement for one year but then they became very bad whereas Celtics became very good without even tanking because they had picks from nets that would give them good picks anyway. So, this could be the same, AD is a good player but Lebron doesn't have too much time left, he is what now 34-35?

He has maybe 3 more years and then he will retire so if they can't put a decent team together "next year" is not an option anymore. They need to become champions this year or at worst next year, after that their window of opportunity closes. Meanwhile pelicans will have zion + ingram + lonzo + whoever else plus 5 picks from Lakers to build around on top of their picks so they don't even have to tank to get better for the next 5 years.
5422  Economy / Economics / Re: Mining in the cloud vs simply buying bitcoin on: June 17, 2019, 10:16:46 AM
The cloud mining that we used to have is not the same of what we have right now. Currency cloud mining operations are mostly scams and there are very few ones who are legit doing it but they cost so much and the running expenses are so much that you will not make any profit.

Normally back in the day the idea was basically similar to ICO or any crowdfunding, a company would build an equipment for mining and they would need more money to build something even better, so lets say they can make 2 dollars per machine a day, they would rent it out for 1 dollar and get 0.5 for maintenance but would sell it to you for like 3 months or 6 months in advance so you pay upfront which they then use that money to build a machine that would make them 4 dollars not 2, so you rent that in advance whereas old machine becomes worthless before the time runs out and they would use that to build an 8 dollar machine and continue like that.
5423  Economy / Economics / Re: what will happen to bitcoin in india on: June 17, 2019, 09:18:04 AM
I have a friend in India and talked to him about the options and he told me that there are many countries that take Indian residents without a visa or anything, some of them have regulations like you require to go back to your country every 90 days which would be very difficult but some of them have great deals like going back only once a year.

There are of course countries like Somali and what not which he would not consider but there are great places as well which they could potentially leave the country for. I mean think about it if the country you live in doesn't support what you do and the country that welcomes you with open arms and allows you to live there then why would stay in the same country? Would only make sense to leave and go to that good country as an option.
5424  Economy / Economics / Re: Why the global currency cannot be 100% internet based and if we will have one on: June 16, 2019, 05:38:03 PM
There is no way we are not going to have one currency globally. I personally believe it may take years and it may take a lot of power and issues but in the end we all gonna end up with the same money all around the world and the big candidate is dollar or euro.

Look at euro for example, it is the same currency in many nations and all of them use the same currency without any problems at all, of course there are economic issues risen from the same currency thing but I am sure that is worth the loss in its profits. If 20+ nations could use the same currency and switch borders without care and basically live like a whole nation together then why not make it for the whole world ?

Maybe we can do 5 currencies total instead of just one to start with and see how it goes but currency for each nation is silly and will be done very soon.
5425  Alternate cryptocurrencies / Altcoin Discussion / Re: Russia wants to make a Transaction Island Using Cryptocurrency on: June 16, 2019, 10:51:10 AM
This will be something very small and wouldn't make a global affect on the world, they can try and that is always great for crypto since the more attention it gets the higher the price will be but just because Russia will test this out doesn't mean it will become something huge in the end.

We have Malta and panama which support crypto gambling heavily yet its not a global thing yet, why would having a Russian island for the exchange be any different than them?
5426  Alternate cryptocurrencies / Altcoin Discussion / Re: hardware wallets safe? on: June 16, 2019, 09:11:25 AM
I think they are, I mean if you pick the market leading ones they are pretty safe. Like if you get nano ledger s or trezor they are pretty safe but they are of course lacking some small coins as well since they do not support a lot of coins, however if you deal with only the big ones they do support like as much as 20+ coins so you should be fine.

My friend had a ledger nano s he used to have and he lost it for a lot of months but he still had his key phrase with him he found that so he was not even worried, anyone who got his ledger nano couldn't break into his wallet and take his money out so he knew he was still secure. Of course he found it after couple of months in one of his bags Cheesy but it was still showcasing how great security of it was when he wasn't worried about the potential of all his money at someone else's hand.
5427  Economy / Speculation / Re: On short-term traders on: June 16, 2019, 08:13:54 AM
I don't know how you can calculate someone as short term neither, now lets consider the day trader, that person is buying and selling coins probably inside an hour and do that couple of times which means he is definitely a short term trader, lets consider someone buying today and selling next year that means he is a long term trader (or someone who buys and sells when he retires which I plan to be) but what is the number that divides short term and long term? Is there a mid term as well? Like maybe 3-6 months, if its longer than 3 months its mid term but it has to be less than 6 months as well?

I don't really know what short term is but between people who buy and sell in an hour and people who buy and sell in a week are different kinds of people so I am not entirely sure if I can call them the same thing.
5428  Economy / Speculation / Re: Bitcoin about to go really high on: June 16, 2019, 07:32:25 AM
It really did, we are seeing bitcoin increasing once again, it is always a happy day when I see bitcoin going up, I have missed seeing bitcoin at these high prices, it is close to $9.3k now which is the top we have seen in 2019, lets hope in few days we can break the biggest of 2019 price as well.

I am sick and tired of waiting around and I want to cash out finally but I promised myself I won't do that unless I see my profits double and in order to reach that I need to see bitcoin at least above 12 thousand dollars or need to see ethereum above 400 dollars and I am not sure which one is more plausible right now. Whichever happens first I will be withdrawing my savings and would like to finally spend it on some stuff I have kept waiting for months and now they are really becoming urgency because of how much I waited.
5429  Economy / Speculation / Re: A Saving Plan on: June 15, 2019, 03:36:49 PM
My new saving plan involves not just spending less but earning more. We all have jobs that we go to and work and make money which helps us survive and usually covers either barely the living expenses or sometimes it doesn't even cover that but I am lucky that my income covers just about the amount of money I live, sometimes not even that but mostly it covers it.

Now, I am looking into some other stuff like airdrops and bounties and all other methods where you work to earn income from crypto and I will make those income into my savings plan and will not spend them, that way I can just put that extra money aside without withdrawing it at all and instead of spending less (which I can't really do) I would be earning more to put aside some money for the future, usually for emergency stuff.
5430  Economy / Gambling discussion / Re: 2019 NBA Season on: June 15, 2019, 02:29:21 PM
People who say the raptors victory wasn't as deserved as it could be are all idiots, this is basketball and injuries happen specially when something this obvious it was already expected. I can tell you that warriors also could have lost to spurs few years back if Kawhi didn't get injured because of Zaza Pachulia but I can't because they did become champions and nobody remembers the injury but remembers the ring.

20 years from now nobody will say warriors were too injured to win and it was a lop sided game, they will only remember raptors getting the cup for the first time ever and this was the first time in history when a team from outside of USA won the cup, literally the champions are not from USA anymore, for a whole year Canada will be the NBA leader until the next cup.
5431  Economy / Gambling discussion / Re: Justin Bieber VS Tom Cruise - UFC Fight on: June 15, 2019, 01:14:20 PM
Pleaaaaseee make this a reality, I would love to see them fight, I mean I hate justin bieber as much as the next guy but I also hate tom cruise as well, so this fight would be fucking amazing. Anyone could win this but I would love to see them go toe to toe for rounds after rounds bleeding incredibly and all bruised up, after they are so exhausted and tired that they can't even move anymore one of them finishes the job, that would be sweet sweet entertainment for me.

I think the fact that they will be punched in the face itself is amazing, like without context without ufc, just someone punching them in the face is amazing, so to think that they will be in the ring fighting would be x100 times better. I know Tom Cruise is by far the superior fighter here and would probably get it with ease but I hope it will take a long while.
5432  Economy / Speculation / Re: Which way will it go? Which trend will it follow? on: June 15, 2019, 11:54:54 AM
It is obviously going up. The main reason for bitcoin to go up right now is that there are more people who believe bitcoin will go up, its a paradox I know but that is how bitcoin works. The more people think bitcoin will go up the more bitcoin goes up, its all in our heads and the more we buy because of the potential profit, the more we profit as well. It is a weird system and totally unheard of anywhere else in the world but its still our system so I love it.

Normally, in any other economy like the fiat has with banks they do whatever they want, they don't care if something is falling they can still profit from it and they literally bet on stuff that is going down to go up like crazy people and when they are wrong they get payments from governments to fix their own problems.
5433  Economy / Speculation / Re: Where do you think Bitcoin will be by the end of 2019? on: June 15, 2019, 08:40:05 AM
I think it depends on if another rally happens or not. Bitcoin price is fragile right now and it could be affected by anything so we are not really sure about what will happen so anything said on this topic is purely speculations and assumptions. The reality is that if someone with a lot of bitcoin sells their coins then the price will fall but if we collectively start to rally again then we can go up too.

My only hope is that there is a halving coming up next year and the difficulty of mining is going up again so combining those two facts together the miners will not be selling for cheap which could increase the price a lot, since there won't be many sellers at these prices the amount is given to increase. However remember last time we fell, the difficulty dropped as well which is why anything could happen.
5434  Economy / Trading Discussion / Re: Day trading! The good the bad and the ugly on: June 15, 2019, 07:51:34 AM
Who the hell gets addicted to day trading. I personally tried it and I feel like all day traders are crazy people, unless its your full time job and you have to somehow make money to put bread on your table there is absolutely no reason to check all those small numbers and charts for whole day, you should be at least getting a breather once in a while.

I do not like working in an office with my suit on neither and I work at home freelancing but its still a lot better since I have a chance to do my job whenever I want, like it could be morning or evening but I get to choose when I will work, that is why I like it, day traders are not like that, those guys glue their face to the screen and check every single detail of every coin and then do moves according to that, its crazy and turns people into little machines.
5435  Economy / Trading Discussion / Re: Over the Counter (OTC) Cryptocurrency Trading - Explained in Details. on: June 15, 2019, 07:01:53 AM
What is the difference between Dex or P2P and OTC? I am not really familiar with the differences but in my country there are places called exchanges where you give them one currency and they give you another currency, like regular exchange but as a store instead of digital.

There you can give them bitcoin and they will give you any currency they have on their list, or vice versa where they give you bitcoin. So, I doubt that is considered OTC by your standards and called something else but I don't know why, over the counter is where you literally exchange bitcoins without digital exchange and no deposits or withdraws required, you just give one currency and they give another currency without involving a third party. If anyone explains the differences of OTC/P2P/DEX, that would be awesome.
5436  Economy / Trading Discussion / Re: Very frustrating on: June 14, 2019, 05:56:55 PM
It will happen in 25 of July in San Francisco in a place that is not disclosed so far, which means all of what we are saying right now are speculations and thinking that people are wrong to buy at this price is a bit disingenuous to say the least. I mean what happens if the lunch happens and warren buffett comes out of the gate and says he will buy some crypto including tron?

I know its unlikely but even he saying that he talked with Justin and he believes tron is a good project with strong legs and a good potential do you think people will not buy? I think this was right from the people to buy at those prices since after 25th there will be a lot of news reported all around the world about the richest investor in the world talking about a coin as a good thing.
5437  Economy / Exchanges / Re: Time for Binance DEX? on: June 14, 2019, 05:38:32 PM
So they have bnb as their currency and if they turn into dex than they will have to use bnb as the money you would get from the profits of it, like binance would make profit from listing new coins and trading fees etc etc and that profit would go to where exactly? BNB holders?

If that is the case as the biggest BNB holder they would make a lot of money but since their currency is open to public there would be a lot of people buying BNB and holding it trying to take away profits from binance as well.

If they somehow create another coin and only sell %50 or so to the public while claiming the rest as their own for the profits that is still giving way more than they are making right now. As long as a path for them to make as much as they are right now while turning into dex exchange is not available they will not do it.
5438  Economy / Gambling discussion / Re: NBA 2018-2019 betting on: June 14, 2019, 03:46:58 PM
I still can't believe how great the raptors odds were, I mean you are talking about the NBA champions as of right now so I can look back and talk shit about the sportsbooks and I am super happy since I bet on raptors and won so I am not complaining at all, sportsbooks believed warriors will win this incredibly hard and didn't give a decent odd for warriors which made it super useless to bet on warriors since who would want to bet on warriors without Durant for low odds with that much risk and they would be right since raptors already won so we know they were right.

Raptors on the other hand, without Durant warriors looked beatable, put Klay not playing on the last quarter on top of that and they literally had a simple job after that even though it came down to last second. I thank all sportsbooks that give me these good odds for raptors, I know you guys lot a lot of money but I still like you Cheesy.
5439  Economy / Gambling discussion / Re: 2019 NBA Season on: June 14, 2019, 03:14:23 PM
First of all I do not remember who said that "warriors martingale" was a good idea, someone suggested that you can bet on warriors and anytime they lose you can double so you can end up winning more money, those people were wrong Cheesy.

I thankfully didn't do that because I knew that from watching the warriors blazers game it was obvious they lacked Durant. Think about a warriors squad that uses Iggy as their starting small forward at his age with that much pressure and he was super tired as well (which he actually played great on the final game but still not a Durant at all).

Warriors can be amazing with a proper small forward yet again but remember even before Durant they had Harrison Barnes and combining him with Iggy was always good, Iggy alone can't make that much difference. Curry without Klay was the problem too, Klay missed couple games I think and if he played on the last quarter they could have won this game too. Too many injuries to the star players decided the outcome basically.
5440  Economy / Gambling discussion / Re: CWC2019 Prediction Pool - Win x BTC [Additional prize in every round] on: June 13, 2019, 05:24:59 PM
I was thinking they would atleast have 20 overs but nothing.
If time available after rain stops and outfield is good then most probably there would be plenty of chances for reduced overs based matches to find a winner of the day but there are lots of questions being raised against ground staff' plans and capabilities for making ground ready even after rain stops to have short format matches. I read England's practice against rain for protecting outfield is too poor and this is an obvious reason why we are not getting short matches too.

If you ask me, the only option to avoid this is to stage the world cup in countries such as the United Arab Emirates or Australia, where there is hardly any rainfall.  Grin
Must be a better option. But, ICC follows a rotation policy for hosting WC. So, next time it would be South Africa and we cannot have a random host just due to the reasons like unexpected rainfall.
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