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5701  Economy / Economics / Re: US stock market's annual return is going to be 3~5% p.a. over the next 10 years on: November 12, 2019, 04:31:49 AM
Uhh give source for this at the very least OP? Also, I highly doubt a possible average of 3-5% could save them from the overwhelming growth of BTC. Plus, even if we did believe them, majority would still choose to hold BTC instead though.

Crypto naturally can. It is developing pretty well and I'd suppose many believe that BTC could reach higher heights than it is now. Just look at the amount of investors it has today. I ain't no professional analyst but ai can see that BTC has a pretty high chance of overwhelming the  general stock market.
5702  Economy / Speculation / Re: Bobby lee predicts Bitcoin price to reach $1 Million in a Decade on: November 11, 2019, 03:18:02 PM
Bro. Predictions are over saturated already. Literally everyone has made their predictions and some may have even coincided with others, but it isn't really that important enough for a majority to take notice of it. People just predict these kind of things so that they could be put in the peoples eye.
Lee feels that the constrained market supply and a fixed number will be the key patron having a noteworthy influence to support up BTC value in 10 years. He guarantees that the BTC cost will be significantly increased in only 10 years. Not at all like gold which can be drawn through mines, the unequivocal number of BTC will make it more rare and significant than gold.

This doesn't really take a genius to know this not gonna lie. Influence and the concept of demand and supply are the things that possibly move the market and the factors that affect its volatility.
5703  Economy / Economics / Re: Would you use FB's Libra? on: November 11, 2019, 01:51:42 PM
At this point just by observing the current news around it? Most probably no. It had a lot of hype but no foundation to push it to the top, or at the very least, stay in an advantageous situation. Because of that, they fell quite flat when a lot of people judged Libra and a lot of news were reported about it.
Still, judging by the fact that they still have time before they release it, I'd suppose i'd leave my final judgement for then and see what they can come up with.
5704  Economy / Gambling discussion / Re: [What IF] Part 5 on: November 11, 2019, 10:40:00 AM
Play with him. As someone who considers gambling as fun and as an entertainment, playing with someone lucky could prove enjoyable. It's like how good players look for other good players as well, instead of looking for those weaker ones. Plus, only those who consider gambling as a way to earn profit would bother finding weaker opponents or unlucky ones.
On the case of gambling though, it's more dependent on luck if you could find a good opponent.
5705  Economy / Gambling discussion / Re: Gambling Addiction at its Worst! on: November 11, 2019, 07:18:48 AM
Well, gambling addiction may have been a factor but I suppose there were still quite a lot of problems with the mans life that resulted in such a situation to occur.

Also, I doubt anyone would do anything over the line IF it wasn't addiction. Addiction could bring the worst out of someone after all. Or rather, well, in this case, money could bring the worst of someone.

5706  Economy / Speculation / Re: Bitcoin $400,000 (?) on: November 11, 2019, 05:42:14 AM
I find it hard to take someone seriously when they write something like this:

Quote
... money is completely useless, other than being a medium of exchange.

A statement like that generally signals that the author takes an extreme position, and is making unsupported claims based on dubious research and data.
It is kind of the truth though. Although labeling it as useless is an overstatement since it being a medium of exchange is already a huge contribution. It does indeed pale in comparison to gold since gold is a hard asset where as fiat is backed by banks which just continue printing fiat money, worsening the economic situation of the globe.

Although his statement of being a Gold mining analysts allows him to truly understand BTC is a bit of an overstatement in my opinion. Not one could truly say that they understand BTC after all.
5707  Other / Beginners & Help / Re: Visual Presentation - Input, Output, Coin Control & Change address on: November 10, 2019, 12:21:06 PM
Additional would probably explain what Coin control and Change address is and what they are used for? I kind of recognize the Input Output Diagram, iirc, I saw it from the original paper of Satoshi from his proposal of Cryptocurrency. Besides, Input and Output logic is already common sense so I suppose no need to explain what they mean, but for the other two, I rather think it is.
Anw, concerning the info explained, It's rather detailed and if the topic is limited here, other than defining the terms, I'd suppose everything was explained well.
5708  Economy / Economics / Re: Gold bubble and Economic situation more what to expect on: November 10, 2019, 11:48:38 AM
Well, gold is considered as something to fall upon whenever a global crisis attacks the economic market. There's different uses for Gold, BTC and Fiat so considering them together might be a bit difficult.
Gold, with its steady value, is a good factor, especially for banks, whenever a global economic crisis occurs, just like what I said earlier. But it isn't really suited for everyday uses, and that's where Fiat comes to.
BTC, on the other hand, is a type of virtual currency, which banks have no hold into so users can have more anonymity when transacting with others. It is relatively new and most of the population hasn't accepted it and maybe don't even know about it, and this makes BTC fall back a bit compared to Fiat. We may see progress in the future, but as of today, those are the roles of each in the market.

Oh and also note, there was never a Gold bubble (as far as I know) since its value has been steady since like forever.
5709  Economy / Speculation / Re: Why is BTC now ~$8,780? Simple... on: November 10, 2019, 07:56:13 AM

So, if this calculation is valid. It means the price after the halving will at least doubled from this current price and it's make sense. So, i'm sure it's the buts time to buy bitcoins because the hashrate will doubled right after the halving held. But it will only happen when the demands is still the same just right now. If people are leaving and no investors are interest with bitcoin the price maybe less.
You're already putting your hand in the supply and demand factors of BTC so why are you still including hashrates in it? You've already stated a possible reason for BTC price dump, demand.
Hashrates have never been (or at least, as far as I know) a factor in judging possible market pumps and dumps. Market price fluctuates and changes because of the supply and demand of BTC, and how willing is the market to accept a certain supply for a certain price.
5710  Economy / Trading Discussion / Re: Have you not relented in viewing your account wallet? on: November 10, 2019, 06:06:57 AM
As a day trader ,checking wallet everyday is a must but in terms of long investment, I'd rather wait for a bullish season or check my wallet out a week before what I think would be the bullish season. It is a good practice to often check the news though, just in case anything happens. But that doesn't mean you should let occasional dumps get the best of you.

It is indeed true, checking your wallet everytime brings out quite a paranoia inside of you. Even in normal occasions, this could occur quite often.
5711  Economy / Trading Discussion / Re: Bitcoin price manipulation are becoming too obvious now. on: November 09, 2019, 03:51:44 PM
Well, it's kind of forcing it to call price manipulation since people do follow it. More like we could call it that they dump/pump coins and let the other traders change the flow themselves by showing some kind of change where traders would be forced to make a move. I do hope for another ATH, but I doubt it could happen by this year. At most, it should probably only happen after 2020. I'd guess we can reach the current ATH by March or April of 2020, but a lot of things could still happen.

Besides, you've also said the price manipulation of whales, so it is rather difficult to predict how BTC could reach another ATH today. But it would surely reach another one in the future though. Also, price manipulation was always there, it's just rather obscure at times and well, they also might have additional techniques for them to use so that they could manipulate the charts and changes.
5712  Economy / Trading Discussion / Re: Trade with USDT or BTC? on: November 09, 2019, 02:05:08 PM
I really doubt you could use USDT to perform trading while thinking of profits. Plus, BTC provides a lot of possible returns since, well, we all know how it has progressed from its starting point up to now. USDT is called a stable coin because it isn't volatile, BTC, on the other hand, is. Which makes it a lot more aligned with your goal, which is to earn a profit, which is through trading.
5713  Economy / Gambling discussion / Re: Need your opinion about actual Crypto Casinos (and how future ones should be) on: November 09, 2019, 08:12:28 AM
Sports bet, Dice and Black Jack and slots. Some of the few games that are quite famous and I personally like them as well. As for currency used, im honestly fine with anything but the lower the transac fees, the better.
As for features, most would prefer customer service and I do as well. Of course, responsive supports are very welcome, plus a way for users to converse to one another could be quite good as well.
No to KYC please.
Referral would be nice, but not really required.
5714  Economy / Gambling discussion / Re: Longest Break You Have On Not Gambling on: November 09, 2019, 05:04:41 AM
It's rather difficult to define it as a break when I actually don't do it regularly. Gambling is more of a hobby, a way of enjoyment and entertainment in my case. I'd consider it as a break if I did Gambling as my way of life or as a main source of income (which I think is rather impossible to do so), but I don't. On the contrary, I actually think of Gambling as a break instead.
5715  Local / Others (Pilipinas) / Re: [Issue]Pagpapasalamat na Post Sa Isang Informative Thread, Spam o hindi? on: November 08, 2019, 01:21:13 PM
I wouldn't go as far as to report it and such, pero napaka filler niya talaga, especially sa mga Informative Thread. Its called an Informative Thread for a reason. Plus, nag cacause to na mabury yung mga informative and helpful answers sa thread na yun, creates more hassle sa mga taong gustong magshare ng information na gusto nila kasi nadadagdagan lang nang nadadagdagan yung posts, nadadagdagany ung babasahin nila since alam nila sa sarili nila na ayaw nila gumawa ng posibleng duplicate post. Plus, if ever, alam mo naman ang attitude ng Ph pagdating sa benefits. I don't talk bad about them, but yung attitude lang nila na doing everything for benefits na nakakasira na sila ng productive conversation, well, at that time, they have to stop.
5716  Economy / Speculation / Re: Aren't we headed towards getting a 10k (or maybe higher) shot again? on: November 08, 2019, 12:48:18 PM
I hate patterns though. But by following recent events I'd rather say that maybe we got a solid pack of evidences to at least considered that the market will go somehow up till 2019 closes. Still unpredicted. In addition if it fails to go up at the time there still 2020 to put our hopes on, and the most awaited event will show up and for sure market would go up, maybe bull run (hope so) will come in notice.
Probably the best thing you could hope for a sure bull run would be the halving by 2020. It's probably the most solid and best bet most crypto users have in assuming that BTC would experience a bull run. Just looking at past examples, every halving has let BTC experience a huge bull run. 2012 halving resulted in BTC reaching 100$, 2016 halving resulted in BTC reaching 6k$. History repeats itself, my dudes.
5717  Economy / Speculation / Re: Aren't we headed towards getting a 10k (or maybe higher) shot again? on: November 08, 2019, 03:41:09 AM
I hope so. And it seems like this time, unlike the unstable 10k a few weeks ago, the price should remain quite steady when it enters the 10k range since the price pretty much have stabilized right now at 9.3k, when the prices pumps up, the market should be able to accept it.

Though id rather wish the bullrun happens by the start of next year though. At the very least, I want BTC to be solid at 9k and up so that if a market crash suddenly happens, it wouldn't fall too far and just go back to 9k
5718  Economy / Speculation / Re: This Is Why Bitcoin Price Could Hit $55,000 Next Year: Crypto Zombie in Trader’s on: November 08, 2019, 02:44:10 AM
Don't watch clickbait channels people and don't watch emotional TA.

Youtube titles be indeed like that most of the time. And please OP, i'd rather watch the hows of trading and market rather than these so called "analysts" of market BTC. Anyone could literally say anything, predict anything. I'd actually avoid anything linked to TA most of the time, except if they actually triggered me to research about it and understand how it would happen. My mind is much more clear that way since a lot of false predictions arent recorded in my brain anymore.

He's all right. Definitely better than some others youtube pumper dumpers. I sometimes like to watch crypto youtubers for pure entertainment and cryptozombie is entertaining. His TA is worth shit but the way he talks about it is funny. He always talks like a permabull and has a lot of positive energy. Don't trust him though because he usually repeats FUD instead of ignoring it.
Hmmm, might give it a try then. Im more inclined to watching how he portrays what he says rather than the content itself.
5719  Economy / Economics / Re: China's Secret Weapon Against USD Is a Gold-Backed Crypto Currency on: November 08, 2019, 12:21:23 AM
China trying to bring out the big guns before the end of the year, if what Max said was true, which I really doubt. I seriously doubt China, with the control freak they are, would accidentally leak news regarding their plans for crypto to other people. Plus, if their ever planning to combat USD, all the more so that they are gonna keep it under wraps.

I believe most of us know how USD is currently getting weaker in terms of purchasing power since banks keep producing fiat, and most banks have started hoarding gold to let their finance restart themselves through its backing. If china ever held that much gold, it'd be almost impossible for other countried to fight them off.
5720  Other / Beginners & Help / Re: The best way to buy and sell bitcoin on: November 07, 2019, 04:10:03 PM
localbitcoin exchange or meet up. Best way to save up transfer fees of exchanges. Though i'd rather you get used to using exchanges so that you could trade with a whole lot more of people plus a larger volume. Plus, its a lot more hassle free since localbitcoin exchanges and meet ups require prior contacts and the like, plus, there may not even be a localbtc exchange in your location. So I'd rather get used to exchanges tbh, their services are quite nice and fees are at an acceptable range. It is disadvantageous to use exchanges when your trading small amounts since the entire volume of yours may be even used to pay the gas fee instead.
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