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5881  Economy / Economics / Re: MEGA.nz Chrome extension caught stealing passwords, cryptocurrency private keys on: September 29, 2018, 12:39:05 PM
That's why I don't trust Google Chrome extensions or plugins too much, especially when I'm dealing with money on a machine that I use. I rarely use Chrome for browsing anymore since it's a memory hog and crashes too often, and sticking with stock Opera with no plugins seemed to be the best move so far. One will never know what nefarious things are these browsers and plugins are doing with your data in the background, so it's better to stay stock and avoid installing plugins as much as you can on a machine that you use for banking and other financial services.

This might sound counter intuitive but does anyone get a feeling MEGA.nz will gain a largely userbase from this incident than any negative affects felt as a result of bad publicity?

I don't think so. This will leave a negative impression on MEGA.nz for a while and users will just shrug it off in time as if nothing happened. No actual hacks were reported but still, trust issues would arise from the community.
I have been hearing about this vulnerability for quite some time and that has really made me to lose interest in making use of Google chrome. Although some have claimed there are some malicious ones anyway but as long as that is happening and those malicious extensions are published on the chrome extension, then, that is a huge problem on its own.

At this stage, I have been a pure user of Opera as well for some months now, but one thing I have always noticed these days is that, data right now on the net, is something that can easily be taken if care is not taken, and if you really want to be out of such, it is only better to keep your safety belts on.
5882  Economy / Speculation / Re: Why do people keep saying bitcoin is disappearing? on: September 29, 2018, 09:56:32 AM
Its a fake news, how many times they said bitcoin is dead but bitcion is still there, they want to drive down bitcoin so that they can buy at low price.
It is always here and is not going anywhere if you are available here you will get it and by following your best knowledge you will handle it finally you will get all the profit for which you were here. Low price availability is convenience for people to get it on low price and generally buying process should be done in low market so that we may not face any kind of extra use of money besides this it is a type of benefit as well.

5883  Alternate cryptocurrencies / Altcoin Discussion / Re: Will it be the year for Ripple? on: September 28, 2018, 12:44:32 PM
Ripple is like a crypto but it's not.  It is a tool that is being used to take your money and give cryptos a bad name in general.

Supporting Ripple is not supporting crypto.  It is supporting the banks.  When facebook, google, or some repressive government releases their own cryptos, supporting those will be no different than supporting Ripple today.

Exactly this kind of association makes Ripple a good speculation tool and may make Ripple the perfect target for a bubble.
And unfortunately that's what many expect: quick money and not really a working, honest cryptocoin.
A bubble is something that is usually expected for a market that is centralized and easily manipulated, so ripple attaining a huge height and then rolling back down will not be surprising to me as far as I am concerned.

Ripple has always been one of the market where we get to see some crazy bullish behavior over the years and at the end of it all, the price is something we have always seen not to end up sustainable in the long run anyway as it hits the peak and then come back down a lot lower than you can imagine, so it is normal not to expect so much from this market as the case may be.
5884  Economy / Economics / Re: what are the causes of the continuous plunge in Bitcoin? on: September 28, 2018, 12:02:14 PM
The crypto market is not a regulated financial market, there is no limit to the decline and rise. The crypto market works 24 hours a day, no specific session hours. Manipulation and FUD are endless. In this case, I am not looking for a specific reason for the fluctuations to be large.
Fluctuations will always be large, as there is absolutely no two ways about that. This is a market that actually have decentralization written all over it, and that makes it easy for the whales to always make the market dance to their tunes every single time, unless of course we start seeing the centralized exchanges being regulated, but at the end of the day, this is where decentralized exchanges come in.

Even though, liquidity wise, centralized exchanges will still always end up having it. Plunge and fluctuation is a normal thing for any market, it is only the level of volatility when it comes to each market that differs but not like it would be like that forever.
5885  Alternate cryptocurrencies / Altcoin Discussion / Re: A good investment option? ICO's pitched on a PRODUCT, not a White Paper on: September 25, 2018, 11:44:56 AM
may have existing products or proves to be indeed made quite confident in investing. but just a real product alone is not enough in the absence of the concept and the elaboration of the product system. so from those other advocates such as whitepaper still need to be used as supporting materials. ICO will be able to provide a nice clear description including the whitepaper as this will help clarify the concept of the ICO.
I usually say this, without a real product, then, there is certainly nothing to invest in. Any serious team would have at least been able to develop a prototype before even launching an ICO and it is this product that would really give an investor the confidence as to whether the project would fly in the long run, have potentials and the team will keep building on it and developing it to the world. Whitepaper is a waste of time to me if the important things are left out first.
5886  Economy / Trading Discussion / Re: Dangerous price area on: September 22, 2018, 09:49:49 AM
You don't have to worry about the price of Bitcoin, although it has now fallen below $6300, but it will rebound soon because the whales won't let Bitcoin fall below $6000.
You just sounded like you are part of the whales and you will know what they will do or not. Nothing is predictable in this market and so far, this is a fight between the bulls and the bears, and at the end, someone definitely will have to win anyway.

For now, we cannot tell how things would be even in the next few seconds, as market can take any path and that would depend on how far it goes and how one can take advantage of the opportunity in whichever way it comes.
5887  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy or Not on: September 22, 2018, 07:32:59 AM
when ethereum is in a downward condition I will still buy it even though later eth will decline again but for next year I am sure I will benefit from it all
That is the basic idea of investment. Long term! As long as you believe in the market you are investing in, focusing on the long term will not be a problem and that is why you will end up seeing buying the dips as an opportunity for the long term.

One thing a lot of people tend not to see because their judgment is clouded by their eagerness to get rich fast and do not even understand a single bit of why they are investing asides profit. Buy the dips as an investor, be patient and see your funds grow in the long run.
5888  Economy / Gambling discussion / Re: What is best practice for gambling?? on: September 17, 2018, 10:57:46 AM
If you're going to gamble, do it for entertainment, not for profit.

It's a fallacy to believe you can actually make money/profit off gambling. The odds are always against you, especially when betting against the house.
The problem with some gamblers is that they believe that gambling can make them rich. Yeah, maybe it will but you need to spend a lot of money.

Some gamblers are gambling just for fun only or stress reliever but some are doing it for profit which is bad.
Maybe if they want to get that from their thick skull, they need to go do research on finding the number of people who could come out openly to say gambling has made them extremely wealthy in a short period of time. I can bet my last satoshi, that just very few would come out to say so and that leaves the larger percentage in losses.

The best practice is to know that you are not up for any get rich system in gambling and if you cannot deal with that and just simply focus on enjoying your game while gambling with what you can afford to lose, then, it is better not to even be gambling at all.
5889  Economy / Marketplace / Re: For god's sake, stop lestening to mainstream Media and wake up people... !! on: September 15, 2018, 11:17:59 AM
It is a good idea to take into account all factors affecting a market, even if some of that news might be influenced or biased or has some agenda - it might lead to some opportunities that might arise that may not otherwise have been there. But yes everything does need to be taken with a grain of salt.
The news has a huge impact on the cryptocurrency market so the mainstream news can completely help the market recover after a long period of decline. Because the market is small compared to its potential, I am very hopeful that there will be new sources of investment that will help boost the market.
News these days are even impacting less on market movement as people now tend to rely on technical details than fundamentals and probably just add up the two together to make a trade.

Mainstream media has always been there just to make money, so it is not surprising when we see them come up with unverified news and we all know that the digital age has even made that easy anyway as any Tom, Dick and Harry these days always end up going into Journalism without any knowledge about the ethics et al.
5890  Economy / Speculation / Re: when will you learn price is not related to news on: September 15, 2018, 09:47:48 AM
Sometimes it does and sometimes it doesn't. Bitcoin has clearly reacted to the first few waves of ETF rejections, Bitcoin has crashed and then recovered after last year's China ban. There are more correlations like that, but also there's a lot more coincidences or simply lack of any price change. So, as a rule of thumb, one can assume that only truly big and relevant to Bitcoin news are important. Generally, it's the news that involve important governments like the US, EU, Korea, Japan, and the news have to be specifically about Bitcoin.
Most times, I feel it does not really. The truth is that some whales may use it as an advantage to drive in people to the market, and instigate some kind of growth, but we have seen it times without number that it is just a way for them to keep making more money and it is certainly not because of the news as the market will still either tend to do its own thing anyway.

Probably, news like ETF approval might drive in money into the market, but I would not be surprised that even with it, we might not even see any serious change immediately.
5891  Economy / Trading Discussion / Re: Crash recoveries are not moons on: September 12, 2018, 12:52:52 PM
think more calmly, when whale tries to push the market to fall, what exactly do they want? of course they want to buy lots of coins they are looking for, the rest they will definitely make the market rise because they also need to sell, that's when we will also sell.

Actually, I prefer to follow the market rules. When I see that the cryptos are down, I continue to hold the altcoins and Bitcoins. When the cryptos are going to the Moon, I sell them.
This is more like you buying when everyone is selling and then selling when everyone is buying. It is a simple trick that works most of the time when it comes to buying the FUD and selling the FOMO. Market will always have a change in trend, no matter what and as much as it goes up, it will definitely get stretched to a point that reversal will be necessary.

If people do not understand this by now, they will keep fuelling themselves with reasons to be getting worried unnecessarily and calling moon even when the market is just trying to go through an upward correction.
5892  Economy / Exchanges / Re: Stop loss feature in Exchanges on: September 11, 2018, 01:20:05 PM
Is this true that in the future asset trading in the market has a stop loss feature, if so, this feature is very useful to avoid large losses when there is a decline in asset prices on the market
People just do not make use of them; this is something that I have always used on bittrex and binance. But for some of this platforms, it works best for those who are into long term trading or using the longer time frame to trade and not for those who are scalpers and using a very low time frame, because you will not get your stop loss executed in that manner.

Although, there are platforms that still offer effective stop loss, such as bitmex and the likes, but at this point, you are not in the lane of normal trading but marginal trading.
5893  Economy / Speculation / Re: Bitcoin drops sharply by about 300$ today! on: September 11, 2018, 12:48:59 PM
So, I thought the bitcoin's volatility attribute was being checked by the SEC and other world financial bodies, if so, why the sharp price fall that just happened in about an hour ago?
It is a very volatile market; hence a sharp drop in price should always be expected and should not be a new thing. The demand for the market is low unless we want to keep lying to ourselves and one thing I am sure of, is that whales are leveraging on the fact that there are so many non-believers of the market with just the only sole aim of getting rich overnight, which gets them scared easily even at dumping at loss. In this vein, they move the market up, people aforementioned, started calling moon; the price could not go further and becomes weak, and then boom! It starts coming back down.
5894  Economy / Gambling discussion / Re: In Gambling, Money is not everything on: September 10, 2018, 10:34:54 AM
What is the prime motto for your gambling.
Many people here are against considering gambling as a earning source. Without money, you will not be able to gamble.
Just for fun type of gamblers, only a demo account or a video game is more than enough.

Please share your ideas on role of money in gambling.

I agree with what you said as I see gambling as an entertainment only and not a source of income. I don't know why other gamblers see gambling as a source of income for them. Maybe they are too lucky that they are winning most of the times or they are just addicted unto it and they can't stop  themselves. For me, gambling is for fun only and yeah demo account or an game in android will make you fun already. You don't need to spend too much if you want to entertain yourself.
for most people who have a lot of money they do gambling not to earn money even though most of the online gambling they play do not use real money but the types of coins at stake have very valuable value, they are just looking for entertainment that can be fun and have a tense sensation when playing inside it.
Yes, it's depend on the person/the gambler. For rich people, money is not the problem in gambling but for not rich people, of course money is everything when it comes into gambling.
I really would not say it is about being rich or being poor as it depends on each person's mindset. Trust me, it is not everyone that is rich that worked for the money and some even got it on a platter of gold which is the reason they may not value it so much and then tend to waste it all away in the hope of making more.

Sure, those who are rich and smart will never see gambling as a means of making money, compared to those that are poor in a larger percentage, but like I said, it still all balls down to the mentality each person brings into the gambling space in the first place.
5895  Economy / Economics / Re: Bitcoin can decrease economic development on: September 10, 2018, 09:56:58 AM
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
That is B.S. No sane person will simply want to put all their eggs into one basket and I am sure most of the people that invested earlier into cryptocurrency and have been able to get rich through that must have been able to find other avenues to invest their money, which apparently could have created more jobs and as far as I am concerned, that is absolutely a development economically.

There will still always be these things in place and it is not like every single person will just concentrate on acquiring bitcoin since it is not like you can end up acquiring it for free.
5896  Economy / Trading Discussion / Re: 11 Mistakes you should never do in crypto trading✌✌ on: September 10, 2018, 07:57:19 AM
I think the first one sgould be never ever jump into trading if you don't have exact money as profit and if you don't know and study the fundamentals such as indicators,  becuause in conclusion all of your effort, time,  money , will be wasted you should have a solid foundation before entering into trading industry.
Studying is always one key factor for every trader. You never ever stop learning and you do all it takes to make sure you know what trading is all about, and you can go about it and own a good strategy before you can even start going ahead.

What a lot of people fail to do is to assume they already know the little things they have learned and then just think that is all that is necessary, but trading is a very big, huge and complex profession which if you do not learn right, you are bound to fail woefully in it.
5897  Economy / Marketplace / Re: How good of a business is the "Crypto Casino" business? on: September 08, 2018, 12:59:38 PM
There is a very high competition in casino business but not so high in crypto casino. But we can proudly say that there are major players which are so competitive that it's very hard to beat them. All you need when you enter in market is Great template, great support and amazing promotions. This last one plays a huge role to attract customers. When others play regularly on top website and then see you offer something exciting and attractive, why not to play on your website? And when I play, as time goes, if I like your website, I won't only play for the sake of promotions but I'll continue playing because I like it, it attracts me and gives me comfort during my gambling.
P.S Don't buy any script, hire devs and keep team.
There is actually a very high competition as well when it comes to the crypto casino space and not just casino business. If you do not have something substantial to bring to the table and at least a platform that can be a bit trusted, then there is nothing for you in the crypto casino business space.

A lot of crypto casino platforms are already doing a great job and trying as much as possible to keep remaining relevant which to me is a top notch.
5898  Economy / Speculation / Re: Will Bitcoin hit a trillion dollar marketcap in the future? on: September 08, 2018, 12:16:36 PM
According to market analysis, the supply of bitcoin will get decrease by 2020 and due to shortage in supply, it is expected that bitcoin will hit more than a trillion dollar market cap.
That's the reason why traders estimate the price of bitcoin will hit $100k in 2021 and i am sure we will see that day
Yeah that might happen, imagine if the number of bitcoin users is not too big right now, but the marketcap has reached hundreds of billions of dollars, of course if everyone in the world that is very likely to adopt bitcoin, of course marketcap will reach trillions of dollars
I can imagine what it would be like when bigger institutions start stepping in and they are beginning to take the piece of the global cake which is what I believe would be the case in the long run, let alone, when we end up hitting the level of mainstream adoption and the real life usage of bitcoin hits some maximal level than what we have now. The thing is that this market sure have the potentials of hitting a trillion dollar market in coming years and that I am hopeful for.
5899  Economy / Economics / Re: Turkey’s economic crisis can trigger the next crypto bull run on: September 06, 2018, 11:41:44 AM
This is why we should always be putting money in the cryptocurrency and we should invest regularly in cryptocurrency because this is the next big thing and if there will be a crisis in the world like a financial crisis again then it will boost the progress of the cryptocurrencies to increase their prices to the highest potential and only the old investors will enjoy the benefits.
Yeah! A time will come when people will start seeing why it is necessary to invest in this space. A lot of the institutions already know the potentials available in this market, but they sure won’t want that much attention until they are able to hold enough of it for the long run.

It is a good thing for those who are seeing the importance of being in this market and not just because of the long term profit, but because it stands a chance to be utilized as a means of storing value which was even brought about in the first place due to the past economic crisis repeating itself.
5900  Economy / Gambling discussion / Re: Benefits of gambling? Yes - it exists! on: September 06, 2018, 10:52:59 AM
One of the biggest positives for myself and gambling are the friendships I've made from it.  Formed a lot of good relationships with great people that I wouldn't have if I wasn't involved in gambling.

It really does help stimulate the economy as well by providing jobs, this is something that the gambling naysayers often forget about.
I agree with you about making friendship, I think it also helps being patient.
Nothing like being patient when it comes to gambling as what is mostly important is to accept your fate of losing even before you start the game and that would make you to gamble what you can afford to lose anyway.

Benefits of gambling to me would be more applicable to the casino owners and not for gamblers except for those who were able to have some heavy luck and smart enough to win a huge amount of money and cart away with it without acting stupid to lose it over again.
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