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5641  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: 3000+ Cryptocurrency on Coinmarketcap on: December 18, 2019, 06:55:02 AM
What i also hate from CMC is they don't delete any token/coin which has been delisted from exchange and just keep showing their stats even though there is no any market. That's make the number of token/coin they have keep increasing
Coinmarketcap is an aggregator of coins and their statistics.

If they would start removing coins because they got delisted then there would no way for investors who bought those coins to keep track of them. A dead coin may get revived which is the dream of main failed investors.

Also removing coins is a radical steps which will bring in a lot of backlash on the site from the communities and this will lead to its downfall. After all sites like CMC and others depend on user views, donations and traffic to keep the site running. There are already some sites attempting to predate on its downfalls. Get my point?
5642  Economy / Economics / Re: BTC to GOLD on: December 18, 2019, 06:52:01 AM
The GOLD can be part of any portfolio.
It can be and it is in majority of the pre-minnenial era.

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In fact, I have seen that it has been incorporated into some wallets such as NEXO and Uphold.
Thats interesting. Are they allowing users to take loans using gold as collateral?

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At a time when the price of Bitcoin falls there are several reactions that lead to finding some way to protect money. Whether acquiring Stablecoins, Altcoins, investing in GOLD everything that allows diversifying the portfolio.
Too much diversification is again discouraged. We can classify these assets as crypto and non-crypto. The stablecoins come under crypto and thus increase the crypto part of the portfolio. I would not recommend that. Keeping the crypto portfolio to the only few coins that are worthy for long term should be the holders goal.

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"The GOLD is money" I can definitely be sure that it is a great alternative to keep the secure money but as we well know Bitcoin falls and when it goes up. It seems we forgot when we lost because of the low price.
Gold is even more volatile. But do people care? No. Because of the long term value of gold and its acceptance anywhere in the world.
5643  Economy / Lending / Re: Giving Out Loans on: December 17, 2019, 12:37:11 PM
If you want to take a loan today contact me on telegram
Then why are you making a thread here to advertise? Make your own lending site and promote that on the internet.

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A collateral is always needed
You are looking to scam people by stealing their collateral. Nobody trusts you like that unless you offer to use an escrow to hold the collateral. Comparing to banks they store collateral in vaults.

Anybody attempting to do business with the OP will be at risk of getting scammed of their collateral.
5644  Other / Beginners & Help / Re: Recommend trading strategies sites on: December 17, 2019, 06:59:03 AM
I would not recommend Youtube here. Because youtube is filled with shills promoting their altcoins and pumping their shitcoins so they can sell. If you want to use Youtube to learn trading you are taking the wrong approach specifically to crypto. There are some methods to workaround this:

1. Make yourself immune to shilling and brainwashing attempts. Listen to them with a grain of salt and be objective when learning.
2. You can also go for stock market tutorials for learning fundamentals and technical analysis. That way you wont get exposed to altcoin shilling.
3. There are books available too but the practical approach of dummy trading is often helpful.
5645  Economy / Economics / Re: BTC to GOLD on: December 17, 2019, 06:21:13 AM
This is a terrible idea, with the bitcoin's price we have now converting it to fiat to buy some gold, I don't think so, same like you buy high and sell low, same stuff.
It would be better to buy gold with fiat at this price dont you think? Save up bitcoin, dont spend it now that the price is low. Its the time to buy bitcoin as well.

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It would not be bad if you are going to do this when the market is in bull run, convert some of your bitcoin then buy some gold to have something that is stable and the price is not going to go down drastically like bitcoin and other cryptocurrency.
Hedging the bitcoin for gold? I would suggest that but not 100% conversion though. You would want to keep some bitcoin in hand and convert the rest to gold for future. Other precious metals are also good to look into if you have time.

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The problem of having a gold is that it could be stolen easily if you are not good at hiding it in your house, you could put it in the bank but not a really good idea after all, for me.
You could get a vault at your bank. I know its one of the downsides of a physical asset being of value, but it is important to keep gold because it is the thing that you would give to your next generation for inheritance apart from fiat money and if it permits, bitcoin.
5646  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty is over? Shut up! on: December 17, 2019, 06:15:47 AM
I don't think the job for the bounty hunter will end. However, this amount is very meager. Because most of these bonus programs now have small rewards and split up, there are too many bonus hunters to join, fake people, cheater, ...
Those problems are there with any other rewarding program. Fact is that many low income country dwellers will flock them to get some coins to feed themselves and not consider these are mere rewards for being enthusiastic about a new project in the making be it a successful one or not. Even this forum is plagued by cheaters who try to defraud a project owner, makes me wonder how much morals they have in real life or they are willing to show their real colors because they are hidden behind a made up name.

the only thing that is over is the highest rate bounty payment .it is impossible to earn what you can earn from bounty before and the harder part now is how you will recognise if bounty is good and which is fake and scam.
They may pay you a high amount of bounty tokens but dont get fooled by that because you also need to consider the average value in dollar or bitcoin for each token. Mostly its not worth it by doing bounties because one fine day they will ask you for KYC and lock down your funds before giving out. These things suck and so I suggest people to move to bitconi paying campaigns than waste time on bounties.
5647  Bitcoin / Project Development / Re: Telegram Bitcoin Escrow Bot on: December 17, 2019, 06:13:48 AM
Even if such a bot is developed, there has to be a human controlling the escrow. You cannot depend on a machine to do everything for you when it comes to securing someone's money. Of course you can make the process smoother but I dont know of any such bot being developed and would not trust it unless someone is trusted enough in this forum is making it. Open source of course.

Its very easy to use an escrow of this forum for trades, fact is many dont approach them for certain reasons and get scammed when they send first. Dont be one of them.
5648  Local / India / Re: Is China still dominating the mining industry on: December 16, 2019, 05:17:25 PM
I must have made myself more clear. When I said potential risk to the bitcoin network I actually meant that the bitcoin fees might get increased whenever China wanted.
A group of miners do not control the network. They mine the coins, but cannot control the network fees because that is dependent on the global miners whose cumulative hashpower determines the difficulty and proportional subsidy of the block mined by them.

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If they control 665 of global hashrate then they can stop all the mining operation whenever they want which will make the network congested and thus the bitcoin transaction fees would be increased. Am I missing something here ?

Say we have three miners A, B and C. Now they are mining at similar hashpower and now A quits. So the proportional prize for B and C will increase. This will incentivize them to remain on the network and not stop mining. Similarly if B quits, C is getting the lions share without having a high difficulty since the total number of miners are now low and the proportional block subsidy is completely his.

Thus the event of one miner or one group of miners leaving the network would mean that the hashpower given by the other miners would fetch them a bigger reward. This was how mining has been incentivized so that people dont leave the mining process.

Though I am not an expert in these things. Maybe @heisenberg_hunter can clear some more points.
5649  Local / India / Re: Is China still dominating the mining industry on: December 16, 2019, 04:34:06 PM
Much of it might come from Bitmain which actually stands as a monopoly in China.
The government there is allowing companies like Bitmain to proliferate their business. Unlike India where they are trying to curb crypto-related projects. Things may soon change too.

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Don't you guys think that having such a huge dominance is a potential risk to the bitcoin network ?
Not at all. I dont know where you got this idea from, because this is a common FUD point made by nocoiners and altcoin shills to scare bitcoin users.

The mining system is protected because you cannot expect all the miners to unite in order to break the chain. Those who try to break the consensus will be caught. This is something like the balance between yin-yang or good and bad.
5650  Economy / Gambling discussion / Re: Do you use betting tips? on: December 16, 2019, 10:32:51 AM
It's good to look for free tips compared to paid tips. I once try a paid tip for 5$ with a total odds of 8+ parlay bets and it ended badly, my bet lost 1 match. The next day the person I paid didn't respond to the bet since that happened I no longer tried that. He got a profit and I lost.
Its very difficult to understand who is trying to pull the wool over your eyes here. Everyone wants to get rich and this greed blinds your view. If you think buying a tip from a tipstar will give your profit because the outcome is known then you are mistaken. Things are not easy in life and you are getting scammed by your greed.

So if you want to bet, bet with your own tip. Dont listen to what others have to say. Stop depending on someone else and develop your own spreadsheets to keep track and place bets.
5651  Economy / Economics / Re: BTC to GOLD on: December 16, 2019, 10:26:40 AM
It is good idea to buy Gold when you what your money not to fall below its current value.
Lets just say that it is good to keep some of your assets in the traditional markets like gold because they will exist in future and have a lot of advantages than keeping the money in banks.

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Historically, Gold is a precious stone whose value has been stable in growth without the investors losing out.
Gold is precious "metal" not stone.
Value has changed a lot since its starting of use in barter. It fluctuates everyday and is nowhere near stable. Also it does not mean that keeping money in gold will nullify losses.

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So, the idea of buying Gold is an idea of preserving the value of your money for a long period of time while increasing the value.
Cant make out your words here. Are you using a translator to post? Price of gold will increase in future and that makes it popular, if that is what you meant.

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Even now, cryptocurrency have helped us to have digital gold whose growth is equivalent to real Gold.
A wrong statement again. Digital gold is just a nickname that people have given to bitcoin. The real digital gold would a tokenised version of gold backed by real gold. Like a goldETF or what the Xaurum token has done.
5652  Bitcoin / Project Development / Re: Faucet Game payout in what coin? on: December 16, 2019, 10:19:27 AM
Typically you have to start with bitcoin. You might think this to be the best and most logical approach, but soon enough a certain group of people will keep on suggesting you to add altcoins. Due to demand you will end up having to add every other altcoin they ask for. You could go that way or not depending on your own choice.

Personally just add bitcoin payouts for now and see how the project works out. Then you could think about altcoins.
5653  Economy / Reputation / Re: This counts as "SPAM", right? on: December 15, 2019, 10:36:17 AM
I had to quote your post to see it completely.

It can be considered as spam. Just report it wherever your located it and let mods decide.
5654  Economy / Lending / Re: Need loan 0.005 will pay back 0.005 directly on: December 15, 2019, 07:29:47 AM
Need loan 0.005 will pay back 0.005 directly
Oh I get it, you are like a ping-pong service? Someone throws coin at your face an you throw it back at them? Sounds fun. But its not a loan.
5655  Other / Meta / Re: Save your nice merit records, here. on: December 15, 2019, 07:20:49 AM
Here is my addition to the thread. Reached 777 yesterday! Hope that makes me lucky Grin



Good luck to those who are hoping to earn more merits!
5656  Other / Off-topic / Is 777 a lucky number? on: December 15, 2019, 06:43:39 AM
Now that I got your attention, this is NOT a "Gambling Discussion" topic so please dont report it nor ask me to move it. Provided I had requested for a merit discussion section a long time back and it never came into existance :Lets Make a new board/section for "Merit Discussion"

So this morning I logged to find a nice little surprise, my Merit was exactly 777. It was 775 before I received 2 merits yesterday but had not logged in yesterday.

So I decided to open a thread about it to discuss some things on this fine Sunday.
1. Have you all ended up in a merit number that "looks" special?
2. Is the number 777 lucky? Grin

Looking forward to your responses!

5657  Economy / Gambling discussion / Re: Is it good to talk about big gains? on: December 15, 2019, 06:36:50 AM
I will give you some examples here:

1. HR rolls big brags about it, ignoring people telling him to stop betting and then loses it all and comes back to the chat to beg some people for coins. - How does that sound?

2. HR rolls big, does not listen to anybody, cashes out and lives a happy life knowing they made a profit from gambling.

3. Someone gets a big win and then get robbed by a scammer because they were naive.

Overall its better to keep your wins yours only and secret. Cash out as soon as you win big. You dont want anyone begging you in the chatroom or another bet for the house edge to catch up.
5658  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Crypto/Blockchain hype over? on: December 15, 2019, 06:32:58 AM
The price in the cryptocurrency market since 2018 has been declining,
Price has nothing to do directly with the market. Its adoption that one should aim for. Spreading awareness and making people understand why crypto can be an alternative method to transact is important. 

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the number of ICOs and new projects are constantly appearing.
Thats called quantity, not quality. Whether these projects are worth spending money on is a question of quality not quantity. In face 99% of the projects are a failure. So whats the point in having a market where there is a complete flood of shitcoins and only bitcoin to keep for future?

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I also feel Blockchain is not necessary for everything.
This is debatable. Bitcoin was a use of blockchain and since altcoins never develop their own ideas, they follow bitcoin and thus blockchain was used. I am yet to see a non-blockchain altcoin project. Correct me if you know any though.
5659  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 40 Billion Bets | 112+ BTC Jackpot! on: December 15, 2019, 06:28:11 AM
Make sure to join the 45th billion bet challenge because it is a landmark for the site and how they have managed to compete with other sites in this very competitive environment of cryptocurrency casinos.

Every forum user who has at least 10 posts can reply to get a 20k satoshi bonus and if you are the winner of the 45th bet with proper bet amount you will get a handsome reward.

So dont waste time and join asap!
5660  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: 3000+ Cryptocurrency on Coinmarketcap on: December 15, 2019, 06:24:01 AM
Actually the presence of crypto is also full of business competition.
Rarely correct. Its much more competitive when it comes to the IPO and stock markets. Here you just see a bunch of whackjobs trying to get rich. Coinmarketcap is an aggregator of coins not a court to decide which one is better than the other.

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If they are not able to compete well, of course, they lose the sale value.
They lost value when they were unable to prepare proper marketing and development. These things dont come cheap and most projects are scraping for finances anyway so they go for the cheaper routes ending with inability to complete their promises of the project.

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It means zero trading volume. Now it has reached 3000+ cryptocurrencies in circulation. But among them, the active ones have platforms that can be used by the public. Such as platform exchanges, wallets, mining, and platforms that provide smart contract services. So what is the fate of tokens that are only present without offering public services? Of course, they will die on the way.
True, this is why majority of altcoin projects have been nothing but snowballing and trying to keep a veil. They are worthless and one should not waste their precious bitcoins on buying them. Rather buy more bitcoin since the price is low and stock them selling in future.
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