Words of wisdom for you my friend, never consider any auto-bot dice strategy as best. There is not a single strategy in dice world that could make you any profits at all, the only reason for that is the house edge. As long as there is a house edge there will never be a strategy that could benefit you, best you could hope for is to win as much as you can before the house edge kills your profits.
For example, if you are up 100% from your initial investment I would suggest taking your initial bankroll out as quickly as possible and gambling with the rest, that is the best you can hope for. Otherwise no matter how smart or genius you think an idea is there is no mathematically possible way to beat the house, its impossible. Hence, do not fall for any strategy you see, they all fail eventually.
While I agree with what you have said about strategy, I can't agree with the house edge part here! I think you have made some typing mistake. I believe that casinos with zero house edge is more dangerous than casinos with little house edge. At the end of the day, Casinos are business entities and they will have to make profit to sustain their operations. So casinos with house edge will have the lowest possibility to manipulate the result because they will earn everytime someone plays the game. On the other hand, Casinos with no house edge, will have to depend on the losses their players make. They are envisaged to be more risky than casinos with house edge. I completely agree with the strategy part as there is not working strategy available for dice, and martingale is even riskier. |
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A government needs to run by progressive minded people to be able to fathom the reach and impact of cryptocurrency. Unfortunately India is lacking in this vital aspect no matter who runs the government. Also the monetary policy of India is managed by the Reserve Bank with close conjugation of Finance Ministry. I don't see much hope there either not because of the education but because of the orthodox mentality.
So to conclude, I don't see much hope for cryptos in India in 2019 or even in the years to come. It will remain as marijuana of the Financial world in India. Banned but available everywhere!
Hmmm, u r right, that's the main drawback of democracy in less educated country cz crowd will select the representative who r like them, among them... But I see a little hope cz other parties r much educated than the present one. But still hope is literally tiny. That's because the thinking capability is clouded by populist politics in India and education plays a very crucial role in it. Good educated brings in the capability of thinking and judgement while bad and religious education system creates scholars and gold medalists! The process of destroying free thinking starts from very beginning and runs until 22-25 years of age. I worked very closely with government for 2 years during my tenure with one of the "Big 4" consulting companies and I have seen how a progressive mind is blocked by the political pressures and by the uneducated "Bahubali" politicians using the bureaucrats. The entire bureaucratic structure needs to be changed if we really want to see "PROGRESS". I don't know if you have read this article or not, but I encourage you to read, https://indianexpress.com/article/india/bureaucracy-biggest-obstacle-to-nations-development-pranab-mukherjee-5451834/Thankfully someone within the government understand the fact! |
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Facebook will launch stablecoin for Whatsapp - NO! What whatsapp is suggesting is to start a payments bank very similar to Paytm or Jio Money. No cryptocurrency will be introduced in this entire eco system. They may use blockchain as technology but the money will be very simple INR. I am sure what Cz_Binance is talking is an effect of a Chinese Whisper game. He heard somethings from some source who heard something else from another source. Don't bank on it guys! Know the truth! https://qz.com/india/1307771/whatsapp-is-testing-payments-feature-in-india-with-a-million-users/Thanks, Avikz |
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Dumpster burning will always be there. It was there during 2017 (less in numbers), it was there in 2018 (higher in number) and it will remain as a constant truth in 2019 and the years to come as well. This is due to the mindset of the people who are just investing in bitcoin to get profit. While speculators and investors are an integral part of the crypto ecosystem because they are the volume churners, we also need a class of people who wish to spend bitcoins in their daily life. I am sure we have a lot of like minded people in this community who are willing to spend bitcoins for their daily purchases, but due to the legal blockades in their respective country, they are not able to do so. So if you think that there will be no dumpster burning in 2019, that's not gonna happen! Instead we just need to keep up the ray of hope amidst all these chaos to see a better tomorrow! |
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A government needs to run by progressive minded people to be able to fathom the reach and impact of cryptocurrency. Unfortunately India is lacking in this vital aspect no matter who runs the government. Also the monetary policy of India is managed by the Reserve Bank with close conjugation of Finance Ministry. I don't see much hope there either not because of the education but because of the orthodox mentality.
So to conclude, I don't see much hope for cryptos in India in 2019 or even in the years to come. It will remain as marijuana of the Financial world in India. Banned but available everywhere!
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Good documentation, it really describes our current condition. But apart from all that, bitcoin mining is indeed a big problem especially for electricity. Let's find a way to make electricity for bitcoin not swell.
No it's not! Electricity consumption is not a big problem for bitcoin and mining industry. If you compare it to the electricity consumption of mainstream minting process, bitcoin mining consumes a peanut. Yes it may be a problem for the small miners who solely depend on the government provided electricity at the retail cost. They should look for an alternate source of electricity like solar panel to be installed in their rooftop. Otherwise, if we speak generally, bitcoin mining consumes much less electricity than mainstream government controlled minting operations. |
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Instead of putting a sub forum for exchanges, what if we have to merge all the assets in altcoins and bring back BTC to life. I can see now that BTC is dying and therr must be something that we should do. It is better to give life bitcoin once again so that it can last for more years to cime on its existence.
Merging all asset under altcoin section will create more confusion and people will not find whatever they need, instead they will end up seeing random stuffs in altcoin section. Not a good idea! I just want to say a word of support for this idea.
So many exchanges these days, and more are created. For example there are many new EOS exchanges (tried some of them recently) and more decentralized exchanged are created
So definitely it would be good idea to have such section
Thank you for your kind support. I have faced a lot of issues with some exchanges related to KYC and withdrawal in some of the big exchanges. I still have around $200 worth of Ripple locked up in Poloniex. I couldn't withdraw some ETH from OkEx due to their KYC norms. If we have a dedicated section for crypto exchanges, I would have not faced such issues or have myself prepared well in advance. Information is the key here what I am looking for free flow of information and experiences through a dedicated sub-forum. Bitcointalk is the most active crypto related forum and anything wrong can be informed quickly to the mass. |
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I think Donald Trump has done his job well with a great strategy that no one can understand. Many argue that Trump was mad at the economic war with China and introduced policies that prevented imports. But I think Donald Trump has his own strategy, it seems he is concentrating on developing one of the strongest professions. Until now, I still support Donald Trump's strategies.  Yeh Sure! In this decade we have seen a rise of fascist powers across the world. Started with Xi Jinping in China, followed by Trump is USA and Modi in India - The top three economies of the world is now run by core centralized fascist powers is enough to start the third world war due to pure ego! However, Modi still looks little less aggressive compared to the rest two! It's just that the time is favorable for these three leaders and we are seeing growth in the size of economy. However, below the belt, global debt is also increasing and reached a new 247 Trillion USD mark. That means each and every person on the earth, carries a personal debt of around $80k-$90k. If you see this as an indicator of great economy, may GOD bless you in 2019! https://www.cnbc.com/2018/07/11/global-debt-hits-a-new-record-at-247-trillion.htmlI sincerely hope this helps! |
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Firstly update the subject line of your thread to - Will the legalization of cryptocurrency helps to come out of the global economic crisis? Because I think this is what you mean to say! the rules governing the action of cryptocurrency should be the same for all countries, so that there are no difficulties in using digital coins in the territory of another state. That's never going to happen, mark my word! No country will give up the dominance of their own currency to any decentralized digital coins. Probably some countries like Venezuela or Zimbabwe will be interested in doing that but not others. Each country will have different outlook and that's what we call diversity. Each country will have different regulations to regulate cryptos for good. Legalization of cryptos is imminent but that will come in different shape and form for each country. Reaching a global consensus will not be possible due to some backward thinking governments. I really can't comment whether the legalization of crypto will help in coming out of global economic crisis because the reach of crypto is very little if we are thinking on a global level. Cryptos are just too small in addressing such bigger issues, unless we have some cryptocurrency released by IMF or World Bank. Decentralized cryptos like bitcoin can't scale at that level! |
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An idea came onto my mind, and it consists about a currency that is entirely dedicated onto gambling and also betting, I did not search through the web if there is actually a crypto that has done this. Gambling is a thing that the people love to do, whether if it is in the casino or online, but have you ever thought of a crypto that will serve as your main currency whether if it is in the casino or it is on online, I think this could also be beneficial for the gamblers as well, I wanna know about what you think of my idea, whether if it is a positive or negative opinion, I will still take it.
I am sure I have seen some similar initiatives from some ICO those who are trying to build a cryptocurrency for casinos. However, they were not received well by the mass because we are being spoilt with choice. Today's crypto market is overrun with the number of cryptocurrencies with zero real world utility and I am sure people don't need more here! Existing cryptos are doing splendidly well! |
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Cryptocurrencies are rapidly being adopted across the globe. Even though several countries have enforced laws and regulations to discourage the use of cryptocurrencies, other countries have embraced it as the future of money. Yet, it has not stopped from people to invest and trade in crypto tokens. Netcoins ATMs are offering purchase and trade in the following cryptocurrencies: - Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Bitcoin Cash (BCH)
- EOS
- Stellar (XLM)
As cryptocurrency ATMs gain user support, there is also an increasing number of crypto-based debit cards in the market. In fact, Revolut released their Revolut Metal debit card in U.K last month. This card allows customers to carry out transactions in cryptocurrencies. Furthermore, users are being offered an additional 1 percent cash back in cryptocurrency or fiat money when purchases are conducted outside of Europe. It seems like Netcoins and its facilities are not available in India. So wondering why the thread is posted in local board of India. If Netcoin ever dares to install a crypto ATM in india, the Indian representative of the company will be arrested with immediate effect like what happened to Unocoin owner. |
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that's because, so far, the applicants haven't fit the financial archetype that the U.S. Securities and Exchange Commission (SEC) is looking for.
anyone how can us to improve to get ETF? or crypto valueble is the technology not the coin are giving out..
I don't understand why people hoping for crypto ETF?? What's the utility of it?? Do you all think that ETF will infuse more liquidity into the market and shoot the price higher?? Re think after knowing the facts. Lets look at the facts, 1. Total 9 ETFs were proposed. 2. Only 1 ETF (winklevoss) is physical. 3. Rest 8 ETFs are synthetic Synthetic ETFs are not going to buy physical bitcoins from the market. They are mainly based on CME group's future contracts. Only 1 ETF proposed by Winklevoss, is physical ETF where physical assets will be purchased and taken out of circulation. Looking at these facts, do you think the market will sustain such hype in long run? ETF should be considered as an optional addition to cryptospace, not an integral one! |
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It is entirely based on the timeline you are considering to determine whether it is a bull run or dead cat bounce. Simple enough!
If you are comparing with the late 2017 - dead cat bouncing!
If you are an early starter - Bull run, most certainly!
Hope this helps!
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Good job!
Yeah I think trading is much better than holding , the important thing is the capital , You have started with 1 bitcoin and that's the point , The main capital could decrease the risk of trading if it is much enough , if not you need to look forward to bigger percentages and that could cause more risks , I hope you success in that trading way!
It's not just trading, it's about circulating the coins within the ecosystem. That can be achieved through trading as well as through merchant adoption. HODLers are simply hoarding the coins into their coffers which are not helping anyone. If we want to see growth of crypto, we should be spending instead of hoarding it. The more it circulates within the ecosystem, the more prominent it becomes to create a value for it. So the correct word is not just "Trading", instead it should be "circulating!" |
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Comming from a 3rd world country, many opinions around but not certain. The country gov. doesn't have official statement about crypto. There is a law that you cannot own a bank account abroad and that you can't own stocks outside of the contry. But i think crypto doesn't fit into stocks sector. What are your oppinions?
Crypto is a new asset class and can't really fit as per the current definition of asset classes. So as long as you have ambiguity on the crypto related laws in your country, it's not illegal. It is just unregulated and it doesn't mean it is illegal. So carry on with your crypto related activities unless there is a proper regulatory framework given by your government. Also look for the existing legal definitions of stocks in your country and see if crypto fits that bill. Most probably it won't so you don't need to worry just as now! |
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I really am unable to digest the idea of "non-centralized stablecoin" as mentioned in the article. Stablecoins without a collateral and purely based on the market dynamics can prove disastrous. Even though the idea is simple behind that, but it's based on the market dynamics so it can't be crash proof. If the price increases, smart contract will issue additional coins to increase the supply and bring down the price. If the price decreases, smart contract will issue additional tokens to the existing holders with a "promise to pay" in future. What about the liquidity?? How the smart contract will ensure that it works for the stable coin itself without the intervention of the big hoarders/whales?? Wither I am not able to understand or is there a big gap in conceptualizing the "non-centralized stablecoin"??
Stable coins, to my idea, needs to be centralized and backed up by real-world asset which again needs to be properly audited to maintain the trust factor.
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Picture imperfect: did Xi and Duterte agree to a ‘Blood Compact’ in Manila?
“Filipinos fear that Chinese workers might be stealing jobs from them when Filipinos themselves want jobs. This also violates Philippine labour law, which states that as long as there are qualified Filipinos applying for certain jobs, they should be hired,” Atienza said. “This may lead to an increase in racist sentiments directed against the Chinese that can affect even relations among Filipinos.” China is increasing their Global footprint every single day. Their companies are opening up onshore and offshore branches in various cheaper countries and employing their own people as leader while the respective country people are working as a ground level employee. However, how far they can go? We are seeing Pakistan already trapped into debt of 8 billion USD because of Chinese debt and now they are seeking help from IMF and Saudi to get out of that situation. Even in India, we are seeing high number of Chinese population specially in Mumbai. A lot of Chinese restaurants have opened up in the vicinity to entertain that mass. But they aren't understanding that China is trying to capture a controlling interest in those economies. Even though the salary in enticing, I believe local people should get the chance to be employed at the first place. Philippine should think about it and create a more robust labour law to protect the interest of local people! |
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It looks more like a news aggregator instead of a blogging platform. When you say platform, it gives an idea of a Content Management system like wordpress of blogspot. But it looks like a platform simular to Telegra or Cryptocoinpravda with some added functionalities. Correct me if I am wrong!
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What US is currently doing under Trump will eventually have to roll back post 2019 because these tariff war is not getting anywhere, neither it is helping the domestic producers. It is just ego problem between two biggest economies of the world. US can't compete with China in terms of producing cheaper goods. It may differ in quality but in price points, China will drive the major volume!
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Breaking: Harvard, Stanford, & MIT Have All Invested in Cryptocurrency Funds
At least five more university endowments have invested in cryptocurrency funds, suggesting that the “herd” of institutional investors is finally beginning to place at least a small bet on the nascent asset class. As first reported by The Information, a cadre of major educational institutions including Harvard University, Stanford University, Massachusetts Institute of Technology, Dartmouth College, and the University of North Carolina have each invested in at least one cryptocurrency fund through their respective endowments. Citing an unnamed source familiar with the investments, the publication reported that these five university endowments have invested tens of millions of dollars in these funds, which in turn invest in both physical cryptocurrencies and equity in cryptocurrency companies. CCN previously reported that Yale University, which controls the second-largest university endowment next to Harvard, had allocated a portion of its $29.4 billion in assets into two cryptocurrency funds operated by Andreessen Horowitz (a16z) and Paradigm. Even with these investments, the six universities that are now said to have invested in crypto funds still have very little exposure to this asset class. Nevertheless, the fact that they are engaging with the market at all could help legitimize the space. https://www.ccn.com/breaking-harvard-stanford-mit-have-all-invested-in-cryptocurrency-funds/ University endowments are taxed at 1.4% flat rate in US and they required to disclose their investment in majority of the states apart from Colorado and Michigan. I doubt the legitimacy of the news of CCN here! I would not be surprised if universities have invested in the stocks crypto related companies but I will be really surprised if endowment funds are used in direct crypto investments. Probably a clickbait article! |
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