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5481  Alternate cryptocurrencies / Altcoin Discussion / Re: Decentralization or Scalability? on: December 26, 2019, 12:01:51 PM
The more the Blockchain scales, the less decentralized it will be. You'll sacrifice one thing over another. It's nearly impossible to meet with both standards at the same time.
You have answer within your statement. Over the time large blocks will be possible along with large number of miners to ensure decentralization.
Mr.Satoshi definitely might have foreseen this so if large blocks will not ensure the backward comparability then lighting network kind of developments will take care the problems of availability along with decentralization.

With my little knowledge, I guess decentralization will never be compromised but enough technologies will be invented to ensure more scalability.
5482  Alternate cryptocurrencies / Altcoin Discussion / Re: List of Coins that will start Staking features in 2020 on: December 25, 2019, 07:00:56 PM
Honestly, these doesn't look like they will change crypto world that much. Ethereum is the only big one with others following and yes ethereum moving to stake will be a huge deal but others won't be that much of a deal. Plus ethereum is not moving to stake during that horrible clogging time they used to have during the boom of dapp era, they are moving now after all is said and done.

If they moved 2 years ago when dapps were created like butterflies all around the world probably more than one a day and clogged it and it was stake, I am pretty sure there will be even worse clogging and more expensive moves.

The whole idea of proof of stake means you don't think you will have bitcoin amount of transactions, bitcoin for example is having hard time even with proof of work right now, if it were to move stake it would be horrible. This year will show us all what proof of stake is capable of, if they can succeed with a lot of transactions then other coins may switch too, if they fail then proof of stake will take a big hit.
5483  Economy / Gambling discussion / Re: Simulation/Machine Learning Effects on Gambling on: December 25, 2019, 05:49:59 PM
Wherever the random mechanism is not involved, you may go for simulating using available past data to predict the future's outcome. Unlike horse racing, most crypto gambling games are based on random number generation and due to this, I guess we may not for making use of simulators. Each day is different in crypto gambling as we could not figure out any relations between results; purely randomized things.

I guess making use of AI either in software tools or in manual will not be breaching any of legal things in my country. Not sure about what is the stand of most other countries on this simulation/AI.
5484  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: December 25, 2019, 03:31:31 PM
Things have been a bit hectic on Arsenal+Manu+Chelsea and now even with Manchester city. Let's be honest here, Guardiola spent about 170 million euro from what we know, dude got Rodri for 70 million, Cancelo for almost 70 and got few other players who were 10 million each, so he spent close to 200 million dollars or 170 something million euros from what we know, now they might be looking decent and they might just end up being the second team in the league this season and maybe they will do something in champions league but when your team spent 200 million dollars and has one of the most "successful" coaches in the world you kinda hope for the best?

Liverpool literally spent 10 million euro all of this season on transfers and they are still amazing, so there is no reason why city shouldn't be as well.
5485  Economy / Gambling / Re: MintDice – Bitcoin Casino With Online Slots, Bitcoin Crash & Bitcoin Investment on: December 25, 2019, 11:07:23 AM
I remember back when I was using websites that had this one common bankroll, I don't remember the name right now but there was one website that wasn't a casino but they were basically a bankroll and there was a lot of casinos backed by that website.

That website literally didn't responded to whatever feedback they got from the customers and even investors and now they are gone and nobody uses them anymore. Some casino owners do not realize how important feedbacks are, if people want something and you don't listen they will end up not caring about your website and move to a place that actually listens to them and slowly you will die.

Even stake which is one of the biggest if not the biggest casino doesn't care about their customers too much so there is always same amount of people there but the newer ones like mintdice keeps growing.
5486  Economy / Gambling / Re: ♨️🎲 WINDICE.io 🎲 0.2 BTC Wagering Contest 🔰 Progressive Faucet💰 Jackpots 🎁❤ on: December 25, 2019, 10:21:54 AM
I don't think you guys realize how fast bets are? I mean you can bet 0.01 on 98% or whatever which means you will win most likely (and you can lose too but the reward is there) which means there is a chance you get gamble 1600 times in less than a minute and still get top with 16 bitcoins, I don't know how early they start but they can start with 5-6 beforehand just in case (rodolman was already at around 5-6 before the last minutes) and that just leaves around 1000 or even less bets in less than last 5 minutes which is quite possible manually but definitely easy to do with the autobetting bot in the website.

Also when a whale has enough money to risk as much as they want and they end up losing, they could chase the loss a lot longer without running out of money than any of us.
5487  Economy / Economics / Re: Are we heading towards Recession? on: December 25, 2019, 03:55:52 AM
many countries still in good condition and could manage to generate positive annual GDP.
You need to remember that most governments are known for manipulating such data so that they may look like in good conditions but when it come for real test of recession, the real situation will come into limelight and ending up suffering of its people. I read some countries are excessively printing money regardless of their actual production nor gold reserves to bail out things so that its economy may look like stable and growing.

We are past due for a recession based on history.
Probably I guess governments and corporate had learned how to prevent recession or at least the tactics of delaying it. As per my country slow down in many sectors has been a regular news and lots of people are losing their jobs as daily event. Still, government officials are saying economy is in good state and layoffs are due to other reasons like inefficiency. I guess we are at recession already but my government is trying to make it up as much as time they are able to, for political reasons.
5488  Economy / Economics / Re: What if crypto vanishes? on: December 24, 2019, 06:42:48 PM
People who join crypto recently wouldn't know about this but there was a period when bitcoin was actually considered possibly dead.

That was the time when it went from 30 dollars to 3 dollars and honestly 3 dollar back in those times meant that bitcoin could have been bought (mostly) by some rich folk which would mean they would have millions of it and they could have crippled the economy and price would never take off since they would have power to sell how many they want to keep it low if they wanted to and we were afraid governments could get together and do something like that.

Thankfully they didn't do it and we are fine right now (even tho there are still too many crypto whales) but it was a serious threat that scared us for a while that was actually possible.
5489  Economy / Economics / Re: Bitcoin becoming a safehaven currency in Argentina on: December 24, 2019, 05:48:27 PM
Bitcoins power to be out of reach from all governments failures is the reason why it was created in the first place. It was basically a back up plan for everyone after 2008 because that was a global crisis that was created by just bunch of guys in suits in a wall street office.

You may think how small they are in the grasp of things, just maybe 1000 people involved with the housing mortgage bubble at most, probably less of them that are worthy like CEO's and CFO's yet those guys literally almost bankrupted all of USA as in the biggest power on the earth economical and military wise and they actually hurt Greece+Spain+Italy type of huge countries as well. Now if bitcoin was around and people invested into bitcoin as much as they did to other stuff in those nations, they would have been safe even with economy going south.
5490  Economy / Trading Discussion / Re: Trading Options is a bit overwhelming for me. Any Suggestions to make it easier? on: December 24, 2019, 04:03:15 PM
Why do you "have to" do trading options? Considering it is not a newbie friendly easy to use method of trading, you could simply ignore it and deal with regular trading until you are certain that you are good with that. Trading options when you are newbie and want to get better is only for gambling and hoping that you will get right that one first time and get out, if you are right then continue using it, that would eventually lead you losing as well.

I for example did leverage just once, got right and got away and never did it again, so I can say I am profitable whenever I did it. I am not saying never to look at trading options but at least get better at regular trading first before you can move out to trading options. You should feel confident and insecure enough to write here.
5491  Economy / Trading Discussion / Re: Binance not accept my citizenship, Alternative? on: December 24, 2019, 03:02:23 PM
Iran should be accepted by Binance tho, I mean I get that you may not work with Coinbase because it is a USA based company and you working with a USA based company would be very difficult however we are talking about Binance which has nothing to do with USA, they don't even accept USA citizens as well if I am not wrong or they were about the not allow them for some reason then decided not to, can't remember which one was it but I know they are not fond of USA neither.

Iran has nothing to do with Malta or Hong Kong or Japan or wherever Binance is located nowadays, they keep changing their places constantly but Iran has nothing to do with any nation but USA as far as I know, Europe is still doing business with Iran without a problem for example, German still has a factory for spare parts of their famous cars just to give a big example.
5492  Economy / Trading Discussion / Re: Profitability of Trading Bots on: December 23, 2019, 11:14:50 AM
I am curious if people have had success with trading bots in cryptocurrency.
I doubt about that. Look into this recent real time experience of one of high rank member of this forum here and more importantly this post. The provider had claimed that there was no single losses to them (up to the date I checked them) but honest reviews are saying complete different stories. Bots are not my way of trading. I use few bots for easing my analysis but I do trade on my own.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
No wonder about its working conditions but the main concern should be about its versatility. I mean is it capable of getting you profits? In consistent manner? Nowadays devs are claiming making use of AI in their bots which may give us positive things but markets are known highly unpredictable by any mathematical formula.

I guess we cannot completely ignore using bots for our trading as devs may bring revolutionary things with their coding but that may give us profits only in short term because when more number of people will be using same bot, again market may become too complex to predict its directions. This could be the reason why bots are not working good in long term.
5493  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: December 23, 2019, 09:04:11 AM
what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
It is actually easier said than done. Look at the movements in crypto in the past 1 year, just check the prices and tell me in a perfect world where you buy every single dip and sell every single peak you wouldn't make money.

Someone who did that would have been super rich right now, doesn't matter where they started off with, if you used that for 10 crypto currencies including bitcoin as well and started with 100 dollars, you would have probably over 10 thousand dollars right now and for someone who can spare only 100 dollars that 10 thousand is huge, if you are richer and can spare more you would make more as well so it works out for everyone. The trouble is not the movements, the trouble is to predict those movements, there are plenty people who buy from the top and watch it go down as well which is the biggest issue.
5494  Alternate cryptocurrencies / Altcoin Discussion / Re: The Staking WAR has begun, who is wining it? on: December 23, 2019, 03:06:57 AM
Staking can't be really that much of a war because stake coins are not really as big as people think they are. Look at all the staking coins and how much they are bringing to the table and what their market cap is versus (even if you leave out bitcoin) all the other proof of mining coins.

Proof of mining coins has won a war that didn't even existed for them, it is clear that people don't care about a coin just because it is staking, sure it is a nice thing if it has staking and wouldn't mind having it but staking is not a reason to buy a coin, not enough all by itself. Binance is making SO MUCH money from the trading fees and withdrawal fees that staking would be a funny silly small income for them that they wouldn't mind losing if they would or win if they do.
5495  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoin regulations and their future implications on: December 22, 2019, 05:58:08 AM
Stablecoins shouldn't be just regulated but also take a close look and should have laws specific to them as well.

Look at what happened with tether for the biggest example, there was no government that looked into it and those dudes opened a bank account in Bahamas, told people there was 1 to 1 ratio, everyone gave them one billion dollars and they gave people 1 billion dollars "worth" of digital currency that was literally depending on the money they got (they even said they had the money themselves AND got money from people so should have been 2 billion in the bank) but then they decided the money will not be backed 1 to 1 and even said money wasn't even money but mostly stocks and investments as well. Now exchanges started delisting them and telling people to withdraw and nobody is getting their money out of tether.
5496  Economy / Speculation / Re: Will Bitcoin price be $20k dollars next year? on: December 22, 2019, 05:22:39 AM
When you look at the start of the year price and end of the year price it tells you a lot of stuff but it doesn't tell you the whole story of it. Look at the peak of this season for example. So, what you should do is get the "average price of the year" which basically talks about what the average price was for the longest days, if it was 13k for 100 days that's important but if it was $13k for 2 days that is not really that important.

For this year, it was around 9 thousand dollars because let's face it we didn't spent too much time around $13k but we did spent a lot of time around 7 thousand and there was a huge 6 month period between 9 and 11 thousand dollars so the average became 9 thousand dollars thanks to last 2 months being heavily under 9 thousand. I say we can "reach" 20 thousand dollars in 2020, it is possible (not saying it WILL happen but possible) but I doubt it will have a 20 thousand average.
5497  Economy / Speculation / Re: BTC Price Selling on: December 22, 2019, 02:29:52 AM
Selling before the holidays is not a made up thing, it is a very very old thing in the stock market world. In wall street everyone knows that the moment you get into a new year is the moment you start from fresh and try to get as many customers as you can that you either previously had or you know other companies had but now free agent. Why do they work that hard start of every year? Because, people sell their stocks and use it for stuff like Christmas, Halloween, thanksgiving and whatever in between which all costs a lot of money to everyone around the world.

There has been couple years where November-December period was bad so people assumed the same thing that hurt stock markets might be hurting bitcoin as well, it is possible, we don't know if that is the problem for sure and we can never know it but it looks like it could be a similar issue.
5498  Economy / Speculation / Re: Two Years Ago, Bitcoin Was Over $19,000 — What Happened? on: December 21, 2019, 07:28:53 PM
It may still happen depending on the mainstream media and what whales will do with it. We can reach to 20 thousand dollars and stay there, we had that type of increase before, remember that 1500 dollars or so all time high we had for a while? We broke that on a regular Tuesday type of deal, we didn't skyrocket beyond it, we slowly and gradually went above it and reached 20 thousand, so 1400 was all time high and we went to 20 thousand instead.

Now could the same happen? Sure why not, it is a possibility but nobody really knows if that is the way bitcoin will go, maybe we will reach to 20 thousand once again and media will talk about how selling right now guarantees profit and whales may start shorting at the same time and all hell could get loose once again, we don't know.
5499  Economy / Economics / Re: The Government-Backed Digital Dollar (USD) on: December 21, 2019, 04:56:59 PM
Maybe they won't make a "government backed" version of it but maybe they will do a wall street backed version of it which would basically be the same thing. I mean the important part is to have a currency that is valuable and spendable everywhere and pegged to usa and trusted that it will never fail right?

Wall street is exactly that, those dudes literally made money out of thin air in the past 30-40 decades and whenever they failed government saved them so if a currency is backed by wall street it is indirectly backed by the government as well for the reason wall street can't be failed. If that happens we could see something quite strong in the crypto world, we have something very tiny for that for example, USDC which is backed by circle which is owned by some wall street company I forgot.
5500  Economy / Economics / Re: Crypto vs stock markets on: December 21, 2019, 03:49:43 PM
Stock markets are both a bit same and also very different from crypto currencies. Stocks are representing a company which crypto is not, crypto is a currency like fiat (dollar, euro and so forth) and not like stocks. Stocks represents a share of a company which makes sure you are part owner of that company, sure there is 100 million stocks and you having 1 of that gives you basically close to zero power but that doesn't mean that you are not part owner of it.

Crypto currencies are still tied to a "team" specially the latest ones but bitcoin is not like the other ones. However, what they have in common is that people really buy low and sell high (or at least they try to) both of them to get financially richer.
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