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5461  Alternate cryptocurrencies / Altcoin Discussion / Re: The Need to Reconsider Holding altcoins on: December 07, 2019, 06:37:40 AM
BLOCKv is the typical example for a pump-and-dump coin. It went up by 8x in a matter if few days, and then came crashing down to the previous levels. Those who had purchased this coin at peak levels would be at approx. 90% loss now. If a coin goes up, first we need to find out the reasons for the price movement. We need to make sure that it is not due to market manipulation.
5462  Alternate cryptocurrencies / Altcoin Discussion / Re: Staking vs. mining altcoins on: December 07, 2019, 06:20:49 AM
Mining rigs is more expensive, you have to pay for electricity and your rigs can break down at any point in time, the safest option is Proof of Stake coins, costly too but better

Is staking any less expensive? For many of the PoW coins, there is a minimum threshold and therefore you need to invest a big amount initially. And from what I have seen many of such coins have gone down heavily in the market and even with the staking reward, the ROI is negative in most cases. I would say that the current state of the market is not very conductive towards either mining or staking.
5463  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Consider All Altcoins Bad on: December 07, 2019, 06:09:04 AM
Whether you like it or not, somewhere from 95% to 99% of all the altcoins are useless. On top of that, many of these coins are copycats or premined scams. Now let me ask you which group represents the term "altcoin". When you use the term altcoin, whether this 95%-99% comes to your mind, or do you think about the remainder (1% to 5% of the altcoins)?
5464  Alternate cryptocurrencies / Altcoin Discussion / Re: Need suggest invest in small amount on: December 07, 2019, 06:02:10 AM
Investing in IEO, ICO, or STO has a very high risk, I would rather invest in coins that are already popular with prices that are still affordable, such as Ripple.

Rather than looking at the unit price, you should be looking at the market capitalization. Ripple looks as if it is cheaper, because its circulating supply is higher. The price per coin is $0.22, but the market cap is $9.8 billion (44 billion coins in total circulating supply). On the other hand, for Litecoin the unit price is $46 per coin, but the market cap is lower at $2.9 billion.
5465  Alternate cryptocurrencies / Altcoin Discussion / Re: 💩 We are now in the “shitcoin” season? 💩 on: December 07, 2019, 05:56:02 AM
If you don't believe in altcoin, how do you believe in bitcoin?

LOL... What sort of argument is this? You can't justify the existence of shitcoins by bringing in Bitcoin. One can believe in Bitcoin, and at the same time take a stance against the altcoins. On my part, I was never a big fan of the altcoins. I wouldn't say that all the altcoins are shitcoins, but nowadays the vast majority is behaving similar to that.
5466  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 07, 2019, 05:49:07 AM
Rahul & Kohli partnership seal the match for India and what a way to chase down the score of 208 runs and that too with 6 wickets remaining and 8 balls to spare. Shows how well they batted under the pressure of chasing such a huge score.

From the way they batted, it never looked as if they were under pressure.  Grin

But it is definitely humiliating for the West Indies to lose a match, even after scoring such a massive total. They need to think seriously about their bowlers. None of them apart from Cottrell performed well. Perhaps it won't be a very bad idea to recall Sunil Narine and replace either Khary Pierre or Hayden Walsh. Pierre picked up two wickets, but his bowling looked sub-standard.
5467  Alternate cryptocurrencies / Altcoin Discussion / Re: Just earned my first 9$ in Bitcoin Cash, how can I grow it? on: December 07, 2019, 05:31:56 AM
the amount is too little to produce in a short amount of time.
You can try forex if indeed they accept a deposit under 10 $.
You can trade but it will not be profitable because profits are based on percentages, so it will not be profitable with a small value.
or you can try gambling  Tongue

No amount is small. $9 worth of Bitcoin in 2012 is now worth $15,000. So you never know what will happen in the future. I am not expecting what happened in 2012-13 to repeat again and again. But I still have trust in cryptocurrency and I am holding on to most of my coins. Who knows? $9 of today may not grow to $15,000 tomorrow, but there is a real chance that it may become $90 or $900.
5468  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinions about quitting mining on: December 07, 2019, 05:22:03 AM
Tell me if my plan is bad, the first time i entered crypto space i started with mining rig setups but after some time its no more profitable so i stopped mining, now i start joining airdrops and bounties but present market condition is not helping, now i decide to sell my rig and find other business to divert the money to, if bull run ever comes i will still have coins to sell since most of my bounties i hold the ones with use cases, is selling my mining rig a good call?

I would support your decision. Whales are entering the cryptocurrency mining sector in droves and they are pushing out the smaller and medium sized players. Never before the mining sector was this much centralized. Giant sized mega mining farms have made life miserable for the smaller players. You did the right thing by quitting mining and selling your rigs.
5469  Economy / Economics / Re: Does China Control Bitcoin? on: December 07, 2019, 05:11:06 AM
But it is the fact that China currently controls the majority of hashes although it's far from 51% attack it could be a problem later on. However, if China really does harsh law enforcement regarding cryptocurrencies or even banned it with punishment for those who break the law. We could potentially lose a major hashes power However it will then adjust automatically after 2016 blocks and become profitable again for small miners to mine bitcoin. Actually there's nothing really need to worry about as of now and to be clear, China didn't control Bitcoin but a price manipulation with massive capital could still happen.

A 51% attack would leave Bitcoin completely worthless and anyone who has made investments in Bitcoin (including the large-scale miners) would try their best to avoid that. So I don't think that the mining pools would come together and launch a 51% attack, because it will be self-defeating for them. Only the government agencies would try something like that.
5470  Economy / Economics / Re: Fiat Vs Cryptocurrency, which would you choose? on: December 07, 2019, 05:04:59 AM
Depends on the purpose. For being used as a currency, I guess fiat is better. Because since cryptocurrencies such as Bitcoin are protected against inflation, they will be used more for the purpose of investment rather than as a payment method. But the idea of having a single global currency is an interesting one. Perhaps we could create an inflationary cryptocurrency similar to fiat?
5471  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 07, 2019, 04:58:55 AM
Undoubtedly India is one of the possible winner of the upcoming T20 world cup. The fashion they win the matches is a beauty to see. I was thinking a win for WI after having that much run in the scoreboard but I was wrong. Good thing that I was not in gambling mood or could lose money easily. India made this chase so easy that it never felt that it was 200+ runs to chase.

The same was said about India before the ODI world cup as well (CWC 2019), but they even failed to reach the final. Undoubtedly India is one of the strongest T20 teams out there, but IMO, the winner of the 2020 T20 World Cup is going to be either England or Australia. West Indies may reach the semi-finals, but they may find it difficult to find a slot in the final. 
5472  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchanges Tokens on: December 06, 2019, 05:28:33 PM
Binance listed coin exchanges such as KCS, OKB, and even Huobi Tokens namely to add trading volume on their platforms,
it is good and makes Binance able to compete with them

BNB is listed in dozens of exchanges, including some which can be considered as direct competitors. The same can be said about the Huobi Token as well. In the world of cryptocurrency, it is illogical to think about competition. Because all the exchanges are in fierce fight to attract trade volumes, and they can't afford to ignore any of the top coins, even if that means they are allowing the token from the competing exchange.
5473  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 06, 2019, 05:17:17 PM
Pant will never get matured, India should search for is a replacement.

It is surprising that this guy is getting so many chances. Just a few days back, Virat Kohli openly came in support for him. The slot of the wicket keeper has always remained as a contentious one in the Indian squad. A lot of undeserving players got to represent India through this particular slot. I am talking about players such as MSK Prasad (the current national selector), Dinesh Karthik and now Rishabh Pant.
5474  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 06, 2019, 05:08:15 PM
We can't say that WI team is not performing because their salaries are very less, they also need to find the right combination as a team even if they have many individual talents so for that captain is responsible along with the selection committee while selecting squads for tournaments.Someone needs to step up who can find as team not only talents.

I never said their salaries are low. I said that the WICB is unable to pay the same level of money, that the T20 franchises are paying. And this has been the case ever since the first edition of the Indian Premier League (back in 2008). Players such as Andre Russell and Sunil Narine are some of the highest paid cricketers in the world, but we don't see them playing for West Indies very often.
5475  Alternate cryptocurrencies / Altcoin Discussion / Re: Are altcoins going to get the mainstream like 2017? on: December 06, 2019, 05:02:22 PM
Like 2017? Really? Back then a lot of people were investing in various altcoins. But apart from a handful of them, none of the altcoins had any practical use back then. And the situation remains the same even now. Many of these altcoins came up with tall claims during the ICO phase. But none of these plans turned to reality and more than 99% of them still don't have any real use.
5476  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: December 06, 2019, 04:52:06 PM
This was a match that West Indies could have won. But now it looks like India will win by a comfortable margin. Apart from Sheldon Cottrell, all the other bowlers were wayward. The ease at which Virat and Rahul scoring those boundaries really surprised me. Virat was just casually flicking the ball and it was sailing over the boundary ropes. Very humiliating and demoralizing match for the West Indies.
5477  Economy / Gambling discussion / Re: Indian Super League (ISL) Football match updates, predictions and discussions on: December 06, 2019, 04:46:30 PM
^^^ It is not very surprising. Kerala is an exception when compared to the other states, due to the popularity of football in that region (especially in the Northern half of Kerala). However, historically the teams from Kerala have fared very poorly in the national competitions (be it the ISL, or the i-League). The Blasters are now 8th in the points table and I would be surprised if the fans still support them.
5478  Economy / Economics / Re: Hi Excuse me Are currencies a "store of value on: December 06, 2019, 04:40:09 PM
The only fiat currency which can be used as a store of value in my opinion is the Japanese Yen. During the past 3-4 decades, the purchasing power of JPY has remained more or less constant, although more recently it has started to behave more like the other fiat currencies. Apart from the JPY, almost all the other fiat currencies are vulnerable to inflation, and therefore unsuitable for usage as store of value.
5479  Economy / Economics / Re: Would you use FB's Libra? on: December 06, 2019, 04:32:32 PM
To be honest, I won't.

There might be some plans behind it and I know that there will be a lot of people that would still use it, me? I don't think so. Honestly, maybe that is because I would not be earning anything from it the same as other cryptocurrencies. I am used to volatile and decentralized assets so I guess I would stick to that and not to Libra.

You can't compare a stablecoin such as Libra to decentralized cryptocurrencies such as Bitcoin and Ethereum. Stablecoins are purely created for the purpose of making payments and trading. On the other hand, cryptocurrencies such as Bitcoin and Ethereum are more being used as speculative investment assets. Libra is obviously not suitable for making investments.
5480  Economy / Economics / Re: Cryptocurrency Expert Charged With Aiding North Korea on: December 06, 2019, 04:22:03 PM
He should be arrested. I am not talking about that expert intending to convey bad ideas here, because the money laundering and manipulation that takes place in the crypto market is too much and obvious. What I resent here is that this expert supports an inhumane country! The leader is a cruelty to their people when they do not allow the nation and its people to flourish. The government wants a monopoly of a country and I always wish that this dynasty would end quickly so that the Korean people could have a real life. Do you have the same opinion as me?

Let's not mix politics here. I don't have a very good opinion about North Korea. But at the same time, they don't invade third world nations for the oil resources, like what the United States did in Iraq and Libya. They didn't created terrorist organizations such as Al Qaeda and Taliban, in order to fight the Soviet Union. If he violated the sanctions, then he should face the punishment. But don't use that opportunity to push forward the NATO political agenda.
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