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5841  Economy / Speculation / Re: Will Bitcoin reach 20k $ in 2021? on: November 28, 2020, 01:40:16 PM
If we can check the current price of bitcoin, the bull back that happened recently are not so strong and if later bitcoin is not able to break the $16600 support, there could be more chances that it will rise further, but we should know that if bitcoin get to $19000, there will possibly be strong support at the price, a support that could drive bitcoin up to all time high. This could still happen this year, but more likely bitcoin will break $20000 next year.
5842  Economy / Gambling discussion / Re: Is live betting better than betting in advance? on: November 28, 2020, 01:34:42 PM
Both live betting and prematch are good, but learning and knowing how to analyze the matches before betting will be good, having single bet while not betting frequently will be good. What can make betting not to be good is addiction, having a single bet at ones be it live match or prematch are both good. But as for me I prefer live matches.
5843  Economy / Gambling discussion / Re: Gambling Gang uses crypto for illegal purposes on: November 28, 2020, 10:13:25 AM
Everything is a conspiracy against their country anyway,so wht makes this issue so different? Besides, cryptocurrency is basically intended for these purposes so it is to no surprise that you will see someone laundering their money. It is what they use the money that they won. Or if they've got the money through legal means. And a Gambling Gang? For reals?
I do not know why the government should ban gambling if not for only self-centered reasons, I do not see this kind of way as laundering money. Also in the so called China, cryptocurrencies are banned but mined the highest cryptocurrencies in the world. And we should also know that fiats are much more used for illegal activities than crypto. Crypto only give the advantage that you use it as payment and have privacy that the governments want to compromise
 
5844  Economy / Trading Discussion / Re: Opening a longterm long position on: November 28, 2020, 07:01:07 AM
I was contemplating using low leverage (1x-10x) but if you say that the interest fees will be too high then I might have to buy spot. I'm interested in hearing the opinion of other people who take on long-term positions.
I will also advice you to go for spot trading. Leverage trading can only be good for day trading now and for experts. We do not know where bitcoin is helping to for now, maybe there would be more price correction or increase will be the price. But spot trading will be good for now.
5845  Bitcoin / Bitcoin Discussion / Re: The dangers of buying bitcoin thru Paypal - real life example on: November 27, 2020, 10:01:58 PM
While using fiats on PayPal, they do ban people, that is why some people still like to use alternatives like Payeer and Skrill. But custodial services should be regarded as nothing more than custodial services, they will only tell someone that he/she has the full control of his coins but just a pure lie. I did not see it surprising that PayPal could do such a thing because it is not new, there will still be many of this that will still happen. And with all these, people still like to make use of such services while they can hold their coins for themselves.
5846  Economy / Speculation / Re: Bitcoin price 17000$ today on: November 27, 2020, 09:53:14 PM
You did not give the rank of $16000 to $19000 while bitcoin will be within that price range possibly. Some analysts are still suggesting downtrend of bitcoin price which could be likely possible but said only to happen if bitcoin can decrease below $16400. If bitcoin still can not and having support at $17000, expect bitcoin not to decrease further but to even likely increase above $18000 or more before the end of this year.
5847  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: November 27, 2020, 08:36:05 PM
It is anonymous as long as no personal details of yours appear in any of the transactions. This means that if you got coins for free from a friend or a member of family, or earned them in a signature campaign, they are anonymous. If you then go to a service that requires KYC and spend them there, they stop being anonymous, but if you exchange them with someone for something (barter) they will remain anonymous.
I can not agree to this, so far the coins can be tracked on blockchain, it is not anonymou. That is why bitcoin transactions are called pseudonymous because it is possible for the transactions to be known but not linked to the owner until it is linked with kyc, that is why bitcoin is called a privacy coin. There are some anonymou coins like monero, zcash and dash which transactions can not be seen on blockchain.
5848  Economy / Gambling discussion / Re: GAMBLING SITE INVESTMENT on: November 27, 2020, 08:08:56 PM
Actually people choose to invest on gambling sites because of the probability, you side with the gambling sites here, when they win you win as well, it does not need an special skills to succeed here, just hope that the site would stay profitable and you'll be profitable also in the long run.
And one thing I like about gambling site is that they are just fortunate, gambling companies makes money while bettors lose but it is fun as people are expected to use the money they can afford to lose. If gambling company worth $100000 today, before next 6 monhs, they would have doubled their income, that is just normal. But we need to be careful not to invest in a wrong hand and think it is a gambling company, also we should make sure we follow legit project rather than scammers with a sort of ponzi.
5849  Bitcoin / Bitcoin Discussion / Re: Reason for calling Bitcoin scam on: November 27, 2020, 04:11:56 PM
A lot of scammers are using bitcoin and crypto to delude other people that's why it is often misinterpreted by others as a scam, where in reality it is not. This has been already a common misconception of people who don't have enough understanding and knowledge about crypto so it's really hard to change that perspective of a lot of people. But even though there's still a lot of people who think that way, it's still good that we are seeing a growth of bitcoin adoption, and this can help to change that vision.
People are just ignorant and not knowing what bitcoin is, but like you said, even with this, people are still getting to know about bitcoin and the adoption is becoming more of a reality than before. People will not consider fiats as scam while fiats are more used for criminal purposes than bitcoin. Anything that has value will surely be used for criminal activities but said that more than 99% of bitcoin transactions are not linked to criminal activities. With time, many people will be able to understand how bitcoin is not a scam.
5850  Economy / Gambling discussion / Re: Gamblers lose more money than win. on: November 27, 2020, 03:28:07 PM
Others would have be on the winning side only if they where able to overcome greed. Sincerely there are alot of gamblers that made some good and bad decisions, some gamblers while winning their games they continue to increase their roles until the game turn against them and whip out their winnings. In my case i don't greed with my gambling winnings, becasue of my understanding of the spirit of gambling.
No one that is greedy and not able to overcome greed can profit from gambling, it has happened to me one point a time when I gained over $500 in just a single day, it was as a result of multiple times I played but it was luck. I thought it will continue like that but otherwise later happened the second day, I lost all the money. I also lost more money the second day, I will say it is good to win and never gamble at that time period.
5851  Economy / Gambling discussion / Re: Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC on: November 27, 2020, 02:52:20 PM
This situation reminds me of a legal loophole to buy bitcoins using a poker site. Perhaps there are very favorable conditions for the purchase of bitcoins, so people can place their deposit on the site, play a few games and request a deposit withdrawal in bitcoins. Didn't you think so?
Did you mean depositing using fiats? That will be also included in some companies gambling sites in which you will be able to purchase bitcoin with fiat but it will only be good for people that are not concerned with privacy. I still like to make use of p2p ways and also noncustodial exchanges for bitcoin purchase. But if you are not privacy concerned, using credit card that the gambling site support is good. But as for me I prefer to deposit into the site directly using bitcoin or altcoin like ethereum and litecoin.
5852  Other / Beginners & Help / Re: Good hot wallet recommendation on: November 26, 2020, 08:17:48 PM
It depends, there are reputed hot wallets, I too will recommend you electrum, electrum has been a good wallet, it is open source. Electrum wallet supports only bitcoin. But you also need to be very careful, you need to protect your wallet as you know no wallet is completely safe if you are making use of the device the wallet is in an inappropriate way like downloading files or clicking on ads that can contain malware, such can result to the wallet being attacked by hackers. Also, you need to download the wallet from the official site which is electrum.org.
5853  Economy / Games and rounds / Re: Betnomi – Top Leagues Predictor – 1 BTC main prize - 2nd edition on: November 25, 2020, 11:53:29 AM
1.  Everton FC vs. Leeds United   - 1
2.  West Bromwich Albion vs. Sheffield United FC - x
3.  Southampton FC vs. Manchester United FC - 2
4.  Chelsea FC vs. Tottenham Hotspur FC - x
5.  Arsenal FC vs. Wolverhampton Wanderers FC - 1
6.  Valencia CF vs. Atletico Madrid - 1
7.  SD Huesca vs. Sevilla FC - 2
8.  Getafe CF vs. Athletic Bilbao - x
9.  Real Sociedad vs. Villarreal CF - x
10. Union Berlin vs. Eintracht Frankfurt - 2
11. FSV Mainz vs. TSG Hoffenheim - x
12. Sassuolo Calcio vs. Inter Milano - 2
13. AC Milan vs. ACF Fiorentina - 1
14. SC Napoli vs. AS Roma - x
15. Olympique Marseille vs. FC Nantes -   1

User name: Oshosondy
5854  Economy / Speculation / Re: Bitcoin will increase 20X in the next 5 years on: November 25, 2020, 09:00:52 AM
Even if bitcoin has not grown to $300000 in the next five years, it is very constant that its price over five years will surpass gold price. People are moving more towards bitcoin investing and trading. With how bitcoin is growing and getting more adoption, I predict bitcoin to worth $1 trillion to $2 trillion in marketcap which can not make the price up to $300000 but over $100000.
5855  Economy / Exchanges / Re: Which bitcoin exchanges are offering leverage? on: November 25, 2020, 07:30:18 AM
I am search for bitcoin exchanges that offers leverage. Which ones do offer leverage?
HitBTC is not really recommended because your account can be freezed and force you to verify your account before able to use your account again but they offer 10x isolated margin trade. While on binance, you can margin trade with cross trade of 3x or isolated margin of 10x. You can also trade future leverage of up to 125x.

Know that leverage trading is very risky.
5856  Economy / Trading Discussion / Re: What's your experience trading cryptos vs trading Stocks/Forex on: November 25, 2020, 07:23:38 AM
1. Is it easy setting up trading accounts in forex and stock exchanges like it is with crypto exchanges?
Yes, it is very easy to set up an account, but kyc is required in stock and forex trading unlike crypto you can have alternative.

2. Do stocks and forex markets experience manipulations like it is with crypto markets at times?
The marketcap in stock and forex are in trillion, the bigger the marketcap the less likely there would be manipulation, with the marketcap in forex and stock, there can not be manipulation. But in stock, I am referring to commodities like gold. There are some stocks that are very volatile. In fiats, you need to read news very well for fundamental analyses as fiats are subjected to manipulations by goverments.

3. Which of the 3(Crypto, Forex or stocks) can a trader easily make profits/loses?
The three are good, it depends on how expert you are. As for me, I prefer crypto but I am more of a swing trader.
5857  Economy / Scam Accusations / Another fake atomic app on google play store on: November 24, 2020, 07:21:52 PM
Just saw this fake app on playstore, claiming to be existing since 2013. This wallet will have nothing to do than to steal peoples private key.



I am very tired of google, nothing yet done in a way they will not list fake apps again. We should be very careful of downloading directly from play store, downloading from the official sites is better.
5858  Bitcoin / Bitcoin Discussion / Re: An example why we should hold bitcoin on: November 24, 2020, 12:16:54 PM
This is truly just an example, but bitcoin is an asset that do appreciate over time, it is too obvious than one example, this example is just one in a million that have gained so much while holding bitcoin, I mean people that have gained much from bitcoin are many. People that were able to hold in the early days of bitcoin existence were able to gain much. And now, if we take good look into bitcoin, there are still many times we can hold and gain, and very possible that bitcoin price will hit all time high and still rise more than today and continue to rise over long time period.
5859  Bitcoin / Bitcoin Discussion / Re: What is the biggest threat to Bitcoin? on: November 24, 2020, 12:10:30 PM
In my opinion it can be only some sudden governments shift in regulations and laws to ban Bitcoin (which I don't really think may happen), otherwise there are basically no obstacles or threats.
Bitcoin is too powerful than government to just ban it, if otherwise, why are the governments getting acquainted with bitcoin but only want to know ways to just make sure people make use of it safely. Just know that even countries that ban bitcoin for now will still legalize bitcoin in the future.

Bitcoin is just a decentralized currency that people are getting to know more daily, and even the people that supoosed to ban it are getting to liking it. I have looked at many reasons why bitcoin should be banned, the only good reason I saw is ignorance, which is not a good reason anyway. Bitcoin is just money and asset which supposed to be legalized all over the world.
5860  Bitcoin / Bitcoin Discussion / Re: Covid effect and Crpto blessing on: November 24, 2020, 07:48:50 AM
You did not apply comma where you supoosed to apply it, you also need to correct the way you placed the full stops and make your writeup more coherent. 

That is just the fact, bitcoin has helped many people and I am included, the recent rise in bitcoin also help me the more. I see bitcoin as a coin of opportunities that can change someone's life for good. I made my earnings in bitcoin and yet I gain more than I can be expecting. Bitcoin is just the decentralized coin that is deflationary in nature which gives more opportunities for people that invested over long term to gain.
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