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5901  Alternate cryptocurrencies / Altcoin Discussion / Re: Is USDT Tether safe? on: October 02, 2019, 05:11:29 PM
Personally, I am rather concerned about FUD around Tether and news telling that USDT is not backed by real US Dollars, so I prefer to use trusted stablecoins like TUSD and PAX.

If you can't trust Tether (USDT), then how is it possible to trust the other stable coins such as Pax and True USD? As far as I know, none of these stable coins have agreed for a third party audit of their USD backup. I am not going to trust a single one among these coins. USDT and PAX are only good for trading. It will be a mistake to hold them as investment.
5902  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 02, 2019, 04:37:59 PM
Would Pakistan win this one or we will see a batting collapse ? Wink
They should be winning however it's Pakistan bud LOL

Well.. they just lost another wicket (that of Babar Azam). Pakistan needs another 116 runs with 8 wickets in hand and more than 20 overs remaining. With any other team, I would have given a 100% chance of winning the match. But since it is Pakistan, I would say that right now they have a 90% chance of winning this match at this point.
5903  Economy / Economics / Re: Can Blockchain Bring change into Africa? on: October 02, 2019, 04:32:28 PM
Blockchain is just a database protocol, how can a database help a continent? You can't lift whole societies with some simple trick, only deep systematic changes can do the job, and those are very hard, which is why some countries stagnate for decades. And going back to blockchain, it isn't even a deep fundamental technology that can change everything, in fact it's incredibly hard to find applications for it, and all those use cases that you read about in news articles actually only exist on paper.

But isn't the main problem of most African countries is that the help they are getting from the West is used by corrupted governments for buying weapons, private jets, luxury vehicles ... anything but food and water for the people in need?  Aren't people in countries rich with cobalt, uranium, diamonds and gold starving because the money from selling those resources go to the wrong hands? Can't blockchain-powered supply chain change this situation for better?

African countries need to tackle the basic issues first. For example, in my opinion the most serious issue facing most of these countries is the uncontrolled growth of population. This results in increased competition for the scarce resources (as we have seen in countries such as Nigeria, where thousands have been killed in clashes between farmers and cattle herders). Only if the population growth is controlled, then other issues such as illiteracy, corruption, and crime can be taken care of.
5904  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 02, 2019, 04:26:36 PM
~snip~
The T20 series is going to be a bit more competitive and it will be interesting to see whether they will stick with similar odds for SL for that series also.
In T20 any team can beat anyone in their day since there are not much to play cricket. I mean cricket is a game just not to hit the balls but to defend it too :-D
20 overs, 11 batsmen and 10 wickets - it's too many to lose LOL

Well.. it is going to be the future of cricket. People no longer have 8-9 hours to watch an ODI match. Also, nowadays most of the revenue for the cricket boards is being generated from various T20 leagues, such as IPL and BBL. Also I don't agree that the importance of bowlers is reduced in T20. Players such as Rashid Khan and Sandeep Lamichhane were discovered from T20 leagues.
5905  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 02, 2019, 03:55:55 PM
I thought of placing a bet, but backed out at the last minute since the risk was too high for me and looks like I made the right call since the Sri Lankan bowlers are getting thrashed by Zaman and Abid at the moment.

Did not expect such a bad bowling performance and it looks like Pakistan might be able to wrap up this up pretty quickly unless the Lankans take a few quick wickets. I wonder who bet on Sri Lanka with such risky odds.

Pakistan is going to win this match, but the odds for Sri Lanka were really good. It was worth taking the risk, as Sri Lanka was given odds ranging from 5.60 to 6.00 by various sites. Anyway, today the Sri Lankan supporters were unlucky and might have lost money betting on their team. The T20 series is going to be a bit more competitive and it will be interesting to see whether they will stick with similar odds for SL for that series also.
5906  Bitcoin / Bitcoin Discussion / Re: How 18-year old boy became Millionare from Bitcoin on: October 02, 2019, 03:49:28 PM
Good for him that he didn't wasted his birthday gift on booze or weed. I can see that he made his first Bitcoin purchase back in 2013. I was unaware of cryptocurrency until 2017, when one of my friends introduced me to Bitcoin. I feel jealous now... However it was a bad decision to sell his coins later that year. He should have held on to them for a longer duration.
5907  Bitcoin / Bitcoin Discussion / Re: Hong Kong Bitcoin Trading Volume Spikes to Highest Levels Ever Recorded on: October 02, 2019, 03:40:46 PM
Interest in Bitcoin seems to be booming in Hong Kong. LocalBitcoins recorded its highest trading volume ever in the city-state this past week.
About $13 million HKD exchanged in the last week.

Article source

Another false flag news. 13 million HKD is the equivalent to $1.66 million. And $1.66 million over a duration of one week (although this is for just one of the platforms) looks extremely minuscule compared to the global Bitcoin trade volumes. I am quite sure that the trade volumes in countries such as Taiwan and South Korea are much higher than this.
5908  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 02, 2019, 03:34:25 PM
Odd for Sri Lanka is tempting @5.60
I am curious to know if anyone has taken the chance to pick Sri Lanka. If anyone did that cashing out early was already making profit LOL
By the way, Sri Lanka still has chance to get something from this match.

Honestly speaking, I was not expecting much from this Sri Lankan ("B") team :-P

Pakistan is cruising quite comfortably to a victory. They are comfortably placed at 91/0 after 14 overs. The required run rate is less than 6 runs per over, and they are going to get to the target quite easily. Sri Lanka can take some positives from this match, but in the end a loss is a loss. They are not doing themselves any good by performing poorly on a continuous basis.
5909  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: October 02, 2019, 03:28:00 PM
Despite of the fact that South Africa's batting side doesn't have that much power, they still can't be taken for granted. They are known to fire back even in some unfavorable conditions and I really hope that tomorrow isn't their day. If rain doesn't interrupts regularly then India can even bat the whole day tomorrow and then look for some good bowling day after tomorrow.

Oh.. common... do you really think that a batting lineup that includes players such as Faf du Plessis, Quinton de Kock and Aiden Markram doesn't have any power? Just wait for one or two days and you will get to know what these batsmen are capable of in a flat pitch like the one they have at Vizag. India might score 500 plus and South Africa is also going to score around that. And the match is going to end in a draw.
5910  Alternate cryptocurrencies / Altcoin Discussion / Re: Good news form North Korea on: October 01, 2019, 03:07:51 PM
North Korea always makes fake news and reports to manipulate their citizens and the whole world. I don't believe this information. North Korea has really strict state regulations and one of them is exactly to limit internet access for their own people. So, it's hard to believe that their president is going to support cryptocurrency and freedom it gives to people.

It is not the North Korean regime that is behind fake news like this. Bitcoin news sites such as Coin Telegraph has a habit of dishing out crazy stories as clickbait, to gain more traffic. This news article is no exception. What makes this different is that this time the OP hasn't even bothered to give any source or URL for his claim. I guess he wanted to have a popular thread against his name, at any cost.
5911  Alternate cryptocurrencies / Altcoin Discussion / Re: Sold my house for buying altcoins need your help on: October 01, 2019, 02:49:09 PM
this is my current investments. do u have any suggestion

20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP



So you are saying that you got just $110,000 after selling your house? I am not going to comment on whether it was a right decision or not, as you have already made the move. And I am happy that you have gone for the established altcoins rather than amassing all those shitcoins which are not traded in more than two or three exchanges. Anyway, all the best!
5912  Alternate cryptocurrencies / Altcoin Discussion / Re: Is BNB the Next Bitcoin? on: September 29, 2019, 08:04:26 AM
i would consider bnb is most stable coin rather than bnb as  next bitcoin in the near future there is no coin compare to bitcoin

You think that BNB is a stable cryptocurrency? Have you checked the BNB charts lately? A few days back, its price had went down by more than 10% in 24 hours. Are you willing to call such a cryptocurrency as a stable coin? I agree that Binance is one of the largest cryptocurrency exchanges out there (in terms of volume and diversity). But at the same time, BNB is just a token and not a full fledged altcoin.
5913  Bitcoin / Press / Re: [2019-09-27] Hyperinflation Forces Venezuelan Central Bank to Explore Bitcoin on: September 29, 2019, 07:53:09 AM
I don't know how Bitcoin is going to help them. Maduro is very well aware of what is causing hyperinflation in his country. If he slows down the printing of banknotes, then the inflation rate will come down. But he is not willing to do that, because he needs to pay the military and the government officials who remain loyal to him. Now what difference Bitcoin is going to make here?
5914  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ? on: September 29, 2019, 07:46:28 AM
Bitcoin and Gold are both great for investment and they have their own purpose. Gold is good for long time investment because the stability and the physical value than Bitcoin. If you are doing a short time investment then I truly suggest that go for Bitcoin especially for its ability to have a higher value on a limited time.

I can't agree with what you had posted. Bitcoin is not very suitable for short-term investment, as we have seen during the past 1-2 years. If you want good returns from Bitcoin, then you must be ready to hold on to the coins for at least three years. After the ATH was achieved in 2017, almost two years have passed and the prices are yet to recover to those levels.
5915  Economy / Gambling discussion / Re: 2019 Rugby World Cup predictions on: September 29, 2019, 07:40:18 AM
Though I am not a Rugby fan nor understand the whole game, I have heard that the hosts of the Rugby Union World Cup Japan are performing excellently in the competition having won all two games against Russia and surprisingly against Ireland as well, am sure there performance will bring a boost for Japanese to become more interested in the sports.

Yes.. it was a real upset. No one expected Ireland (one of the top sides) to go down against Japan. A few months back, Ireland was ranked no.1 and as far as I know, Japan has never managed to find a slot among the top 10. Very difficult to believe that this was the same Ireland side that destroyed Scotland a few days back (27-3). Now Japan is very likely to qualify for the quarter-finals.
5916  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 29, 2019, 07:34:43 AM
Do you guys even watch these matches  Shocked I thought I was a cricket fan who always checked the scores when an international match is played. I have never watched such underdog matches. Are they even worth it to watch? 

I watched the Nepal vs Singapore match, and it was pretty exciting. Nepal is one of the emerging powers and their captain (Paras Khadka) slammed a century that day. And their leg spinner Sandeep Lamichhane is quite popular across the globe, in the T20 format. I don't know much about Vanuatu or Malaysia, and I haven't heard about any of their players.
5917  Alternate cryptocurrencies / Altcoin Discussion / Re: Are ICOs dead? on: September 29, 2019, 06:39:41 AM
it's dead and no one is interested in investing in ICOs in 2019. No other ICO project can fool investors again.

Even after all these scams and failures, there is no concrete mechanism in place to prevent the investors getting cheated again. The ICO basics remain the same. You trust the promoters and pour in all of your hard earned money in to their fancy projects, and hope that they'll hold on to their side of the bargain. And as we have seen earlier, this no longer works.
5918  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the future ?? on: September 29, 2019, 06:32:39 AM
As the OP has put it, the IEOs have gone cold much earlier than expected. I am repeating this once more. Half-baked projects have no future in the cryptocurrency market. What the market needs is a fully developed product which is ready to be used for its intended purposes, and not some fancy idea with hardly any development or viability study done on them.
5919  Alternate cryptocurrencies / Altcoin Discussion / Re: Shitcoins have been around from the start on: September 29, 2019, 06:24:48 AM
I've been around long enough to remember the earliest shitcoins, Solidcoin which was one of the earliest Alts and for a short time LTC's only real competitor Smiley

https://bitcointalk.org/index.php?topic=38453.0


I also cpu mined tenebrix for a while Smiley

https://bitcointalk.org/index.php?topic=45667.0


Needless to say both of them ended up in the crypto graveyard

I was a late entrant to the scene, collecting my first coins around three years back. But the guy who introduced me to the world of cryptocurrency was around since 2012, and he told me that he lost money many times as a result of investing in shitcoins. But I really doubt whether this issue was so widespread during the early days. Now we have dozens of shitcoins being created every day and I don;'t think that we had this high frequency earlier.
5920  Alternate cryptocurrencies / Altcoin Discussion / Re: A quick disturbing question on: September 29, 2019, 06:17:12 AM
Hi fellas i am back again to throw a question at you all, this time i want to know exactly what will happen to coins and tokens that are listed on exchanges with no volume or too low volume after market start recovering, or if altcoins start surging in value, will these exchanges automatically have volumes due to the market surge or they will stay the same Huh?thanks

From what I have seen, once a coin or a token goes to the morgue.. the chances are that it may never recover again. But at the same time, in rare cases I have seen some altcoins rising up like a phoenix. But it takes a lot of market manipulation to conduct a pump and dump cycle on a dead coin. And with depressed market conditions, it is even difficult now.
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