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561  Bitcoin / Bitcoin Discussion / Re: China implements new strict controls on Cryptocurrency on: November 25, 2019, 12:55:23 PM
China has taken the right step looking at the future! The Chinese government is aware of the risks related to cryptos and decentralization! They are aware that serious financial frauds can be organized using cryptos and hence they want to roll out strict regulations to prevent such misconducts from happening! That makes sense!

However, don't link the current downfall with this announcement! Such news may have affected botcoin's price to a certain extent but not entirely! There are other things that might have played their part as well! Don't forget about upcoming black friday and Christmas!

Sooner or later every government has to do that. In my view cryptocurrency is no way beneficial for governments and centralized financial institutes like banks.
Banks have already started movement againest decentralized cryptocurrency aka BTC.

Yes, bank owners have to purse those legalities and tries to pull down Bitcoin's economy, and they're more like cry babies who lies on government side which I think biased scenario.
Despite of that possibilities, the people still remain strong and decisive with their principles because bitcoin was really a sustainable kind of asset. With issues on illegalities, I think more Chinese people is doing a lot of crimes involving fraud and scams which they usually do using fiat money, and now starting to divert for cryptocurrency bitcoin like scam investments.
562  Economy / Speculation / Re: trump is the cause of drop prices bitcoin on: November 25, 2019, 05:44:07 AM
since the commentaire of trump on twitter before three month prices already starting falling
but should trump make another twitter about bitcoin but this time positive and give prices bullish trend?
is the governoment playing with prices bitcoin?
does trump and givernements love bitcoin or not?

No, and I don't think it will work that way. And besides I don't think trump does even care about crypto currency. Yes, influence plays a great role in terms of this but the thing is trump has lots of opposing followers, and looking upon that I don't think those people are willing to take the risk that crypto currency has to offer. Lastly, few governments are into bitcoin majority are not.

I guess this is the way of the FUD makers just to influence many people without proof, perhaps about Trump's status on crypto there's no strong evidence that he doesn't like cryptocurrency. Some articles spread non believable ideas and insights, most of them is fake news. They thought it could twist the mindsets of many people, but by the time of realization the people will stand on what they strongly believed for Bitcoin. The majority and minority on Government were both equal on their visions, so it only needs proper time to set everything to normal without any conflicting issues.
563  Economy / Gambling discussion / Re: Gamble with a controlled mindset on: November 24, 2019, 03:02:17 PM
[Out author=Colt81 link=topic=5203812.msg53164508#msg53164508 date=1574591510]
Controlling yourself while gambling is hard, especially if you are enjoying the game from your winnings and if you are experiencing a lose streak that you can't get back all of your lost, that is why a lot of gamblers are greedy and ends up getting addicted to it. I think the best way to control yourself while gambling is by limiting the amount of your money to avoid spending a huge amount of profit and to continue to play.
in what way to limit that? especially if the person is a heavy gambling addict, in my opinion the person needs a therapy, so that the person can choose when to stop (limit) so as not to spend all his money when profit or when losing. if not an addict, just a gambler, it might be easy to do that thing because from the beginning have mindset would not play too far (play safe) can limiting the amount of money and avoid spending a lot money.
[/quote]

Is there any therapy services that offers that kind related with gambling addiction? Well, I don't thinks so, and  If I were to advice this certain problems that needs to be resolve seriously, limiting ourselves over gambling cannot be done that easy. Because when a person choosed to stop or limit himself, therapy is useless and will cost you huge amount of money. Every gambler who've already addicted, needs to seek any diversions of activities in many ways, that can be famlily time, events and anything that rehabilitates a person discreetly.
564  Bitcoin / Legal / Re: China’s ‘Silicon Valley’ Identifies 39 Cryptocurrency Companies As Illegal on: November 24, 2019, 01:23:20 PM

It’s just weird for me. Just weird. After being pro-blockchain and removing crypto mining in their banned industries, these filthy companies who are implementing scams and ponzi schemes are taking advantage of the news thinking that the government are fine with them. It would only lead them in continuing their bad assumption on Bitcoin and other cryptocurrencies in the Chinese market. Because of these fraudulent companies using Bitcoin and crypto as “front”, it creates a bad image for the crypto world in China, not blockchain.


Ponzi scams are destroying the good name of Bitcoin and cryptocurrency in general. Well, Chinese are also good at scamming and scammers are good at taking advantage of any opportunity they can find. Maybe these scammers are thinking that since China is now a pro-blockchain country then they can start fooling their own fellowmen using the intricate pyramiding investment schemes appealing to the greed of anyone. On the side of the government, this is adding another layer of the many reasons why authorities are not inclined to allow cryptocurrency to officially enter the Chinese market.

These Chinese scammers really thought that they could go against their government, and as of now they're considered as terrorist on their own country. If you're going to rob your fellow countrymen, you're one of the traitors of your own race. China's idea of being pro-blockchain has to be reviewed in connection with the ongoing issues, before the entire country will allow particular legalities which to be implemented seriously to avoid scammers to target another victims.
565  Bitcoin / Bitcoin Discussion / Re: The Government Could Shutdown Bitcoin? on: November 24, 2019, 12:33:24 PM
As bitcoin is decentralized no government can ban it. Until and unless people stop using it government can't do anything with this.Yes there are pumps and dumps in bitcoin go check bitcoin chart how much it is increased and decrease.



The government body was only specific on their rule of law on a certain country, and with bitcoin's issue, there's no binds between them. Government is only focused on centralized banking system, that's why with bitcoin's independent character; the banning idea only affects for their citizen. But the whole world still remain solid and vocal that cryptocurreny will always be their preferred asset that can sustain for such a long time, which can be more potential than any physical asset like gold.
566  Economy / Gambling discussion / Re: 30th South East Asian Games on: November 24, 2019, 11:33:52 AM
My vote would be bias of course. I would go for the Philippines since I'm from the Philippines. Not only because it's my country, but also because I can see the potentials of the Philippines representatives. Looking at the records and standing, the Philippines has the capability in competing with the other countries. Also, it's an advantage for the Philippines since they'll be hosting the said event, knowing the support of co-fellow Filipinos are stronger... But I know it won't be an easy fight for PH since other Asian countries are good as well.

Let's be fair for all countries who participated this worldwide event, and as I've look at the potential of Philippines compared with other competing countries, I am also sighting their advantages since we're not aware yet on their performances. Let's always count on several possibilities, probably if Philippines couldn't make it towards the top I just predict the second or third place for them.
567  Economy / Economics / Re: The U.S. Government Tried To Shut Down Bitcoin on: November 24, 2019, 09:52:43 AM
I think they do the right thing. they have a voice and their country hates money laundering or tax evasion. As for the crypto market, most businesses formed here are just to avoid tax or money laundering wisely. That's why you see more than 4,000 coins were generated and only a few dozen alts worked well. This is the largest manipulation and money laundering market in the world that any government hates and prohibits businesses from joining. If we run a large country, we would not want our people to evade taxes or launder money in this way. things will get chaotic and the economy will not be stable.

This news constitutes with other fud makers and I think that there's a shady plans for other big whales in connection to the government. No matter who eager they're trying to pull down bitcoin, they couldn't be successful because of the decentralization of bitcoin. It's created to become anonymous, so people preferred to use it independently, and in fact most of the growing businesses in US implemented the system using blockchain technology.
568  Economy / Economics / Re: Which countries have banking friendly to companies that get paid in bitcoin? on: November 23, 2019, 01:27:40 PM
There are lots of country out there accepting crypto currency. Those who are mentioned in some news, making some noise about banning, cracking down and other stuff about crypto are the top countries you need to avoid. Well, those who are remaining silent, and discreet about crypto are something more friendly though not totally, but at least they are open.

Basically that's the actual situation in several asian countries right now, they're not actually retaliating about crypto but open to whatever opportunities in line with it's acceptance for public use. In my country right now, there's no companies or private sectors that implemented crypto on their payroll yet or using crypto as their mode of salary. However, that's used on basic trading on both fiat and crypto trading, also being affiliated on payment services like bills payment, as part of their services menu choices.
569  Economy / Gambling discussion / Re: Do you have control or not? on: November 23, 2019, 08:06:46 AM
Can you consciously and willingly stop gambling at any time?
If you can do the above, you have great control and discipline, of course you are not an addict and you deserve to gamble as much as you want.
If not, clarify your ways of stopping gambling.
i am a discipline person from my younger years,and everything i do must be with limitation and moderation even when i drink alcohol or in gambling things that i do must me beyond my control so Yes i can stand in table everytime i want and i can seat when i also wanted.
It is very difficult to have discipline and stop gambling at the moment of losing, people tend to expect the next lucky time. I lost many times because I couldn't stop gambling.
A heartfelt advice from my experience is that if we are unable to control ourselves the best is to never gamble. I am currently trying to stay away from gambling.
if you do believe in gambling then there is really a hard way to stop,but remember that those who believe in gambling also believe that they can gamble their future.

Indeed, gambling the future is a huge risk for all who kept spending on gambling, and I believed that if a prolonged activities may put you under worst scenario of losing your funds. In order to overcome your gambling needs, it must be controlled seriously by suppressing activities linked to daily basis. If you can't manage it, addiction is always feasible to happen all the time which you can't even control at maximum.
570  Economy / Speculation / Re: Reason for current bloodbath on: November 23, 2019, 07:30:06 AM
Seem all are just manipulation including this news about binance office in Shanghai which is not really true and then there is this China disposing exchanges. Probably just a price manipulation to give another chance for the institutions who had not been investing more on BTC to get into it right now before its too late for them. Cryptocurrency is just too ripe for the picking and with the coming halving, this is got to be the whales message to say get on board!
I agree on your opinion. The volume of BTC in Bakkt during bloodbath always plummeted and this os not a coincidence. Institutional investors are manipulating price  to enter lower in BTC. This BS greedy don't care about crypto but only think for there personal gain. I already halt on trading because there is no strong support near the current price level.

Always stay calm and don't take a serious attachment on current bloodbath, and as long as manipulation always dominates there's no way to handle it over. Greediness will always create more chaos, that's why we need to overcome fears instead of ranting at worst cases. Hopefully all of the speculations regarding the support for bitcoin, could establish a huge potentials in the upcoming year 2020. We should wait for the whales to take over the corrections and help the price bounce higher.
571  Economy / Economics / Re: Crypto is changing the personal asset management market on: November 22, 2019, 12:32:23 PM
It's a good start. The ease of getting into it meant that even the unbanked in developing countries can start saving up. People who can't afford to buy gold or don't have enough money for stocks can just buy crypto, etc.

It's also easier to manage your money. The only time I use banks in relation to crypto is when cashing out and it need not necessarily be done with just banks.



With bitcoin, the people had an opportunity to purchase bitcoin at their own freedom without thinking of having gold as their asset. Managing our money is worthy in most cases, but what's more important is that you knew how to control your outgoing and incoming funds. Developing countries should apply crypto on banking system in order to make their transactions more efficient.
572  Economy / Speculation / Re: Why Bitcoin is dumping? on: November 22, 2019, 11:25:31 AM
One reason people start selling their bitcoin that cause hard falling down, second because on what happen to binance theres many factor that consider this dumping the good thing that I can see in this scenario if you are long term holder and want yo buy bitcoin at lpw price then this is your chance to buy more.

Yes people selling bitcoin is panic does is causing more damage but there are other factors like whales manipulating the market just to fill their coffer with more bitcoin before halving. But this time I am not sure if it's really the whales who have dumped it or some other factor but bitcoin will recover sooner than expected.

I'm not sure if that's the case but somehow it maybe a little cause of the dump these days since for sure many people get affected on the current situation of the market but actually I'm still positive that there is a good outcome will happen on next month or maybe in next year since we should remember that halving still there and possibly it could bring a good impact in the dumping market these days.

For now I will monitor the market to spot the correct timing on when to get in and earn when pump  came  Grin.

Maybe the correct timing was too hard to see when it could come back at good times. Earning while it pumps, is a great experience for everyone but we still need to wait for several times before we reach our aims. Hopefully the perfect one will be not hard as previous days that all of us struggled to face such circumstances while waiting for it.
573  Economy / Trading Discussion / Re: Is Trading competition good way to earn money? on: November 22, 2019, 10:33:55 AM
I think its best to do trading competition for big time traders. Those with large funds. Trading competition for me is for experienced traders only. I think this is so hard and traders involved in that are on its highest level of knowledge. Well, experience is a constant practice. So might as well make your chances and see the result. We can always learn from it but always play within your fund limits.

True, if you are ready to be part of a trading competition and ready to lost how many funds then this is for you even you are an experience or newbie. a lot of gimmick is happening in many exchanges and if you are ignorant in this kind of their method and does not accumulate more info maybe its not for you. but experience is a best way to gather knowledge but we have our own limitations like our funds and time so risk it at limited only, don't hyp all in.

That's only good to do trading when you have enough funds to capitalize for a competition. I won't advice anyone whose interested with this type of promotion, since it was too dangerous for some newbies to fall potential trading manipulations. Not all trading exchanges can be trusted on this certain aspects, because a reputable exchange promise us good returns on our investments. They won't promote a competition while in a bearish market like what's currently happening now, red market occured badly and most price of crypto were all in a downfall trend.
574  Economy / Trading Discussion / Re: Altcoins or Bitcoin? on: November 21, 2019, 03:59:45 PM
I would choose bitcoin over altcoins because it has been proven sustainable and strong currency for so many years. Even the value falls down several times, there's always a huge potential to recover of its own. The momentum is reliable to become a growing asset, and although the behavior is volatile, it was catching the interest of many people who learned the crypto economy. Altcoins sometimes good, but in most cases it will crash potentially at nearly zero value.
575  Bitcoin / Bitcoin Discussion / Re: What can you buy with bitcoin? Apparently, some weird shit. on: November 21, 2019, 11:37:59 AM
Although it may seem like "weird shit" to us, the market is there. When there is a demand, there's supply.

¯\_(ツ)_/¯

True. Weird as heck, but the girl is smart enough to take advantage of some weird crap that some people for some reason are interested in.

Her parents must be so proud.
She must be rich on spending much money on a "weird shit" thing,
you should have read the and understand the thread first before posting,She is the one who sold the Bath water FYI.



Lol. Who even takes these water from tubs? And where? The buyers aren't even sure they get what they paid for haha. It could be from some random hairy guy's shower. You'll see a lot of weird shit especially in the black market. Weirdest I've seen was on social media. A very ugly love doll that's on sale for .2 BTC. Who would spend on that lol
maybe the seller make a live videos bottling those water from the tub thats why they knew it is a legit,yet not enough for me to purchase that shits,and about the "pee" and "chewed gum"?that's a NO NO for me.

Thinking of something worth for that idea of buying non sense shit, I don't think it's valuable enough. Maybe it's a disgusting idea for a normal mentality person, but very rare for some weird buddies who appreciates that kind of crappy thing to be sold using bitcoin as payment. Buy things worth for bitcoin like digital investments for trading, and not for any worthless interests.
576  Economy / Speculation / Re: In 3 sentence or Less- Post your Fundamental Analysis of Bitcoin on: November 20, 2019, 10:09:30 AM
Bitcoin provided me a strong foundation on my financial stability, even though I encountered some glitches of downturns that doesn't stop me trusting it's system and worthiness. Because of the huge potential that it has given to lot of users who've been relying their future to digital currency, it became the most in demand worldwide.
577  Economy / Speculation / Re: Predict Bitcoin! on: November 20, 2019, 05:48:55 AM
As you known,the price of Bitcoin have been reached up 12K$ in June.
And with your experience, could you share the opinion about the price of Bitcoin in November or 2019Y?
I think it is 9K in this month and reach 10K in last month of this year  Grin Grin Grin
I do not know about this, even a price of 9000 at the end of the month seems like a real challenge, the price is barely above 8000 and if we were to receive a negative news in the market then it could break that resistance level and suffer a really severe dip.

If you are holding bitcoin as a long term investment the next months can be really good regardless of what happens, if the price begins to recover then you earn money but if the price begins to go down then this could be the last chance you could get to buy bitcoin at a very good price.

We need a full recovery to achieve bitcoin's profitable value, and as the start of 2020 it wouldn't be a good situation yet because $10k would fluctuate many times before another spikes will happen. The price trend will grow successively if proper momentum will be stable and more exchanges will begin to soar back it's demand, establishing a good potential on their trading volumes.
578  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top Crypto for 2020 on: November 20, 2019, 01:01:58 AM
Bitcoin and Ethereum. Bitcoin obviously doesn't need to be explained. Ethereum I think will do well because of its planned transition to POS, which I believe will drive up the demand because who doesn't like passive income?

Of course, the more people are staking the lower the reward for staking will be, but that's fine with me because it's nearly risk free income.... the only risk left is volatility that might devalue your coins while staking them.

When Bitcoin and Ethereum go up in value they will obviously lift the prices of most other coins too, so the whole crypto space benefits here. I would recommend people to go with the more safer options as stated above.

These currencies has higher capability to withstand a long term investments, so it doesn't need to argue more. Both of them has the potential to compete a good market demand which has driven out more popularity among other coins. This is now the first two top crypto for 2020 and that can't be denied, because of its continuous market walkthrough. Second to that, I also oversee some top coins like bnb, xrp, ltc and trx which I believed will gain sustainable profit in year 2020.
579  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you any new ideas to replace the KYC? on: November 19, 2019, 10:53:22 PM
The crypto market is decentralized, we live here as anonymous and free and we love it! But this KYC process is killing the anonymity of crypto! To invest in a good IEO you need to verify KYC, to do a good bounty project, you will have to go through KYC! But why? You guys are doing nothing with our KYC, then why you keep asking our identity? A selfie by holding my ID card, wtf! Did we ever ask you to verify your KYC when you launch a project/bounty?  Why you are not coming with another option where a freedom crypto member doesn't need to show his face?

Ok, guys, now my question to you, Have you any idea what can be good to replace the KYC method?

So project/developer must have really pissed you off because you sound really angry. I still think that KYC is important to control money laundering and other money related crimes around the world and I also think KYC should not just be for bounty and surrounding hunters only but for project developers/owners as well. Including exchange operators to bring more balance

Kyc should be implemented on both parties and not just the participants in bounty or an ICO. To show legitimate approach to anybody this should be done wisely, to ensure how faithfulness from investors and project developer could work together for the success. This purpose shows transparency and I think this is fair, because since kyc implemented, this has been abused and even though they're complying the requirements that doesn't guarantee safety on their investments.
580  Bitcoin / Bitcoin Discussion / Re: All of you Bitcoin Hodlers are mentally ill - *Must Read! on: November 19, 2019, 01:06:10 PM
Looks like a regular fudder I see on various telegram channels or someone waiting to buy bitcoin at $1000

Best of luck with your attempt

His moves is obviously trying to divert everybody here, unfortunately we're not that moron who easily be monopolize with that kind of dirty tactics. My advice for this buddy, he should play fairly and if he thought we're an idiot holding bitcoins, then so be it if that's what he thought us to be.

We will continue what we've begun to do on top of our decisions, lets live freely and independent with our outlooks in life. What make's a person mentally ill? is the frustrations for not having the opportunity to hold any amount of bitcoins, so they came up spreading FUD just to influence some innocent holders.
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