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5701  Economy / Economics / Re: Banks against the crypto on: March 14, 2019, 07:57:58 PM
Maybe Bank afraid cryptocurrency because of they are thinking, Cryptocurrency could be alternative of Banks. But I think Banks and cryptocurrency could work together for the economy. Banks also can use blockchain to improve their system. If they do the work together then economic growth could be faster than now.
Banks are definitely afraid of crypto currency because they it affect their profit level and it will expose their flaw but with that aside there's no genuine reason why the banks should see crypto currency as obstacles or barrier because every part of the block chain system is full accountancy system which will ease and improve the productivity of banking system.

I believed this is why IMF Boss advice Central Bank to issue their own national crypto currency.
I think aside the fear of cryptocurrency exposing their flaws and reducing their profit,I don’t see bank ever working with cryptocurrency, I still want to believe some of this banks do not have the proper understanding of cryptocurrency.

Most times they try to liken it to Ponzi scheme because of the returns investors get on their investment which they the bank out of greediness cannot give to their customers; Secondly they see cryptocurrency as a threat. They know that cryptocurrency meets the expectations of everyone and this includes  individuals and organizations so they are afraid this can make cryptocurrency replace them
5702  Economy / Economics / Re: R u consider rich holding crypto during hyper inflation on: March 14, 2019, 07:09:16 PM
I feel bad for the people of Venezuela as well but bitcoin was created to help people in those desperate circumstances, when there is hyperinflation the most valuable commodity is not food or water, it is money itself, if you have a form of money that is not losing its value at an incredible speed you have a huge advantage so anyone with access to dollars, gold or bitcoin can protect the value of their efforts and can exchange their money for a premium as everyone wants the money that person is holding.
I feel very bad for them also. it’s a challenging period for the people Venezuela I must say.

I understand the government monitors every of their transactions in Bolivars that’s their currency and it freezes the acct of those who spend more than $50 and they have to let their banks know how they made the money but it’s not able to monitor Bitcoin, so the few lucky one who own cryptocurrency would convert it to their bolivars and to buy their everyday needs, they use localbitcoins to look for buyers make use of the same bank and the wire transfer goes through immediately.
5703  Economy / Gambling / Re: #1 RATINGS of BITCOIN SPORTSBOOKS : poster book discussion on: March 14, 2019, 05:39:26 PM
I just checked betbtc. There are few things that caught my eye from the first moment I saw it. First of all it takes a while to load the main page, not huge time but like 10-15 seconds at most so do not be worried but after that whatever you click just opens up really fast, no loading time, no page turning, just pure instant result. That fast pace is really good to be honest.

Design seems sleek but too simple, being minimalistic and being too simple are two very different things, if you are going for minimalistic this isn't the way. Odds are not horrible I will give you that. I think with time and more and more people gambling there it will show how the withdrawal times are, if they have a decent withdrawal time on top of all of this I would give them a C+.
5704  Economy / Gambling / Re: BETCOIN.AG - #1 Casino Sportsbook LIVE Dice BTC ETH BCH XRP LTC XMR XRP est 2013 on: March 14, 2019, 10:17:57 AM
It is still not open for me, plus using vpn is still blocked. I just wanted to let you know about it but I don't know if and when you will see this message so when you see it maybe it will be working at which point than you do not have to do something about it Cheesy.

However, I am %99 sure that the VPN issue will continue and I beg of you to open it, my country bans playing or gambling with bitcoin, they do not even accept bitcoin exchanges as legal companies so our exchanges have to list as "product sellers" that sell bitcoin (they don't even sell bitcoin, they are just middleman between two people buying and selling on exchange) so I have to use VPN and you still do not allow that, it would be awesome if you could at least look into it and see what you can do about that.
5705  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: March 13, 2019, 03:18:03 PM
The problem here is that people who yell "scam" is actually not providing proof that is technical what so ever.

If you feel like you are scammed than you need to do more than just "in 2000 bets" type of calculations to prove that fortunejack is a scam, I mean its been said before a million times, 2000 bets is a very very very small sample size when you make these kinds of accusations, there is really no hard concrete proof fortunejack scammed anyone here yet you go around yelling you got scammed.

Do you really think there other people who got scammed by fortunejack too? Well, then find those people and provide proof of them as well, not "technically if these 2000 bets are like this they do it all the time", no I mean "here is the seed here is the result, concrete proof of scam" type of proofs. Otherwise this is just an assumption and nothing else.
5706  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: March 13, 2019, 02:41:42 PM
You made a good point here with good explanation.
However, when it comes to gambling addiction the most common way is you can get yourself banned from the websites so you won't have access and that is about it for common solutions.
I think one of best ways to rehabilitate from gambling addiction is burning all devices, from desktop computers to all kinds of mobile devices.
What happen if they lose control sometimes and revisit gambling sites.
Their gambling addiction rehabilitation will be failed for sure.
What the hell!!?? Burning all desktops and laptops just to not gamble? You gotta be insane if you think that is the first thing you would do in an addiction position. Look if you are so bad in gambling addiction and you need to burn your possession to just stay aware than you need to go see a professional way before you burn anything down. Go see a doctor, get a rehab, stay there for a while if you have to like drug addicts but in the end you will get out of there much better.

I mean it is really screwed up if you think burning your PC is the first thing you should do instead of seeking professional help. Thankfully primedice has multiple ways to stay away if you look for the help. It is a very friendly and helpful website for people who would like to quit playing.
5707  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Still Bullish Says Analyst as Crypto Token Binance Coin (BNB) Surges 15% on: March 13, 2019, 08:50:00 AM
Changpeng Zhao is a genius with the use of profits from the exchange, We could be assured that the Binance Chain won't be having problems of funding for a very long time.  It might dominate the rankings very easily and faster adoptions to take place due to current partnerships that Binance has.
Binance came with a nice strategy and their strategy has been working well for them since inception, the support for Binance by their community is so strong that they might end up topping ethereum with the way the coin is going and for the Binance chain technology system developed by them which many coins or the new ICOs might start making their coins Binance chain base.

I believe that in no time as you said, they will sure top the rankings easily but still can’t top BTC though.
5708  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crash or Rise – Binance Price Prediction 2019 on: March 13, 2019, 07:17:10 AM
Amidst all waves, BNB has actually been a coin performing well checking through their history even though I didn’t get to invest in the coin until few weeks ago after being introduced to their exchange and saw how effective they are and with the way the Binance community are growing stronger.

BNB coin might be the most talked about coin because of its price by the end of the year aside the king of crypto which is BTC and considering the fact that Ethereum might experience decline as a result of people migrating from ECR 20 to BNB chain.
5709  Economy / Gambling discussion / Re: Thoughts on Video game gambling addiction? on: March 12, 2019, 02:56:34 PM
Video games are loaded with aspects of gambling and people of all groups and ages play these games in modern times.  Many games have things like loot boxes that you pay for to random prizes, Runescape has the duel arena where you can gamble gold against one another, and there are many more examples.

People may start off with video games and then eventually move on to higher sums gambling in real casinos.  What are your thoughts on this matter and should anything be done?
Nothing much can be done to put these in check as the video game in question is a project that is not imposed on anyone, in fact most of us playing video games are gradually gambling without knowing it but in real life I don’t gamble much like getting to the stage of addiction.

In fact I have been playing games for the past 10 years and all these features you mention are not new to video games but I didn’t get exposed to gambling till last year when I was looking for other means of making more money, so even if the children are playing games, provided they don’t even have an idea of what gambling is or exposed to the real one, I think video games are still safe for them to play.
Thank you very much for this mate, Absolutely nothing can be done. I personally do not see anything wrong with playing and paying for a game especially when am having fun and at the same time making my little money. I am not in support  of getting kids exposed to this and I believe most times children do not even pick interest in making payment to upgrade for the games as they are likely happy playing without making payment .
5710  Economy / Trading Discussion / Re: stop loss management on: March 12, 2019, 12:51:40 PM
As long as things are not going according to plan which you already had set out before entering the trade, it is better to get out and then look out for another entry. I know a lot of people tend to be a whole lot skeptical when it comes to the use of stop loss, but in the real sense, without it, you are easily going to be screwed.
These exchanges started using Stop-loss because a lot of peoples who are not that aware about trading feels it secure to make their profits come true. Stop loss is usually meant for those who can’t decide whether the coin is going to dump or pump and in such situation peoples prefer setting up stop-loss to instantly sell their coins if the price touches the stop-loss price.

Exchanges have done great introducing stop-loss into them.
5711  Economy / Speculation / Re: Reversal of Bear Market? on: March 12, 2019, 10:22:13 AM
It's too fast to say this bro, because I think bear markets are still a trend. Until the end of 2019, but that is only my prediction, and I hope the bear market will end sooner than I expected.
It is early to talk about the bull trend and there are no clear signs of bulls. After the end of the downtrend, we can surely say something about recovery. Until that point, it is just a reversal that going to test some levels on the charts.
It is not that early to talk about the bull markets now because we have already seen the bearish markets where the prices have already reach the bottom.

Even if we consider the bull trend of mid 2017, it was been followed by bear markets so it is always good to buy as much coins as possible in these bear markets because they lead ahead for bull run. We can already see that bitcoins and etherum have started recovering which is a good sign of profit.
5712  Economy / Trading Discussion / Re: Mistakes need to avoid in day trading on: March 11, 2019, 07:54:01 PM
that's true because a lot of people make mistakes like too panic and too ambitious, because both of these traits are most avoided by traders and they must be removed in our heads
What do you mean by insider’s information mate, could you be make that clear please because I am also opened to learning too ?

But, I think it is best to rely on chart and analysis because if you don’t work with both of them, then you will work with intuition which will allow emotional trading comes in, intuition is not completely okay to use when trading, that is why a lot of people fail in their day trading if they don’t learn to use it along with their emotion which I think is the major tool to use when trading.
5713  Economy / Economics / Re: Crypto Vs Lotto on: March 11, 2019, 01:59:24 PM
Cryptocurrency is more better than lottery. Why? Because cryptocurrency is an investment and you can still wait for the right time to get back your money depending on its price while lottery is not. You will only pay for a one in a million chance to win a large amount of money. And possibilities to win is very low.
It is not even comparable,. For cryptocurrency, you can drop your money, feel so relaxed knowing that it is safe and just keep your fingers crossed for the appropriate time to pull out while in the case of lotto its one is going with the mind of either loosing or getting back.

Lotto is mainly for those who want quick ways to becoming rich and are ready to risk anything. It is actually a very quick way to make money if it works and it is for impatient money hunters.
5714  Economy / Gambling discussion / Re: A quick cancellation can make a profit? on: March 11, 2019, 01:08:12 PM
I don’t advise giving up, a little trial could just be all you need at that moment. You don’t have to retire at all you need push that is the spirit of a good gambler. You just have to tell yourself that one more trial might just be all I need for this. It can really be so frustrating trying and looking like it’s not working but giving up is never an option.

Do it all over, try new methods, check possible ways you got it wrong in the first place and would be amazed at the result. Good luck!
5715  Economy / Economics / Re: Useful investor rule!!! on: March 11, 2019, 10:03:49 AM
I have learnt a lot from this submission.
 The information provided is of immense benefit to me and I believe to a large extent other novice like me.
I am glad you have gained a lot from this discussion, it is indeed a very useful post not just to you alone but everyone who is either already trading or intends to trade but the overall rule not stated on the post is always endeavor to commit whatever resources or many that you will be willing to loose.

Even the big traders and trusted trading sites with all the assurance of paying back to lenders do not take loans from banks and I am sometimes tempted to ask why they don’t do that since they are so sure. So the point is, trade only what you can lose
5716  Alternate cryptocurrencies / Altcoin Discussion / Re: Project Initiators and Team need KYC more than Investors on: March 11, 2019, 09:29:39 AM
It is fair to say that for the trust and tranquility of the investor to the projects it is not enough just the photos of the developers on the site. Organizers are required to provide accurate information about themselves with all the necessary contacts to communicate, otherwise fraud with the ICO will only increase
You are right mate and it has also gotten to the stage now where whitepaper is no longer enough to proof the authenticity of a project, even with white paper with all manner of photos and paid write ups, lots of investors are still being scammed, in as much as I understand that the block chain industry is created for main purpose of decentralization.

I think ICOs should be excluded please and make them go through all manner of necessary legal registrations before they can promote their ICOs and that can only happen if many top countries to stop fighting crypto currency and give it a full back up.
5717  Economy / Trading Discussion / Re: I do make money in my sleep with crypto ! on: March 11, 2019, 06:25:42 AM
You can make money in sleep only when you own any crypto or you run any popular crypto related website, but that also require some updates
If you are the only investor and you have invested in the right place then you earn money while sleeping
Or you can make money by giving others a chance to sleep. There is actually this popular Nap Bar called Pop and Rest in the UK where people go and get fresh by sleeping sound for 18 pounds an hour. This is a lucrative business because you do not need to invest and spend again and again.

A one time cost and there is profit after that. So, you can sleep in your own bed room or you can sleep in a Nap Pod but since people around the world are brand conscious, they go to such places. The quick minded people will target your weak areas to make money.
5718  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: March 10, 2019, 09:32:26 PM
Is there an eta on the new design? I would love to see the affiliate part improved, don't know if there will be more info but as someone who is mainly using the website for bringing affiliates I would love to see that part get a bit more attention, even if it means just a bit more information and a new design.

Also do you have any plans on adding any new games? You are already one of the biggest crypto websites out there and I am sure adding more games with the new design would probably get you more customers and would make it easier for us to get new affiliates by promoting some new games with promotions and such, a new surge of users would help both you and us affiliate networks at the same time, of course given that we would need new banner designs for something like that as well.
5719  Alternate cryptocurrencies / Altcoin Discussion / Re: What would the future of microtransactions look like? on: March 10, 2019, 02:18:01 PM
It's good to see mainstream businesses like Dominoes Pizza, accepting Bitcoin via the Lightning Network. It shows that if the Lightning Network becomes heavily adopted by many other companies and businesses worldwide, then microtransactions will be the norm within the future. With all the latest advancements in technology, micropayments and cryptocurrencies altogether could greatly replace credit cards as we know it. A fee-less and instant system where anyone can tip others without borders is largely practical for microtransactions.

Of course, the process of adoption is relatively slow these days. But as people notice the benefits of the Lightning Network and DAG-based cryptocurrencies, then microtransactions will be a big hit. The crypto economy would largely benefit from microtransactions made by anyone around the world. This expands itself to many uses such as buying a cup of coffee, tipping friends, viewing paid content, social media, and much more.

Nonetheless, with everything on the Blockchain industry improving each day, the future looks bright for microtransactions. Just my opinion Smiley
Yes of course, with this great news of dominos pizza adopting bitcoin lightening network for purchase of pizza it would spark more companies to come into the space and implement same features into their system too. I know it might take a while, but micro transactions will soon be the norm for making payment for transaction since it is faster and cheaper.

Though a lot of persons are still against lightening network saying that it is decentralized and against satoshi initial vision, but I personally see nothing wrong with it, let's just take it as an upgrade.
5720  Economy / Gambling discussion / Re: How to Protect yourself from Excitement and keep your Winnings Safe on: March 10, 2019, 11:23:52 AM
Happy for you mate,
but really, how can you do this:
1) First thing I did I began to constantly repeat the word Stop Game - Withdrawal , and it helps me to stop game when I start win and
make a withdrawal .

No matter how many times I repeat those words it does not work Grin
Sadly, I never stop unless I lose everything and have nothing left in my account balance.
See that is what happens when you do not strictly differentiate between what is good and what is not.
Do not just take these things for granted and rather be mindful of the opportunities you have because they can go like they come.

You can easily lock some of the profits/money you make in gambling and keep on playing the rest of the money. Moreover, you should have a stop limit and a budget limit. These are the things that keep you safe.
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