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5921  Economy / Gambling discussion / Re: Superstition in Number 13, What About the Casino? (Lucky Six) on: December 28, 2019, 07:56:50 AM
Well, you already said what could counter your opinion. It's a "Superstition". I'd rather believe in my gut rather than some superstitions, to be honest. It defeats the purpose of logic and science, and it's a very intangible matter much like how luck is. People are free to believe in their superstitions, beliefs, and whatnot, but it doesn't mean that they are actually true, more like it is believed by many to be true because they need a pillar of support for that situation, to make it much more explainable. Like how thunderstorms in the old age were believed to be the anger of the gods when in reality it's just the weather acting up.
5922  Economy / Gambling discussion / Re: Do you feel more lucky than usual when it's New Year's. on: December 28, 2019, 06:45:00 AM
Well, it is luck. It's such an intangible factor in life that what you said might be true, that you really are luck during New Years'. BUT, that is solely limited to you and I really want you to be careful in believing this kind of luck based on occasion thing. It's easy to believe in luck, but really, once a storm hits you because of your belief of this "luck", then you can only pray that you don't lose too much. It's fine to believe in luck, just remember to always stop when you know your ahead, and don't venture in too deep, for you may not find the way back anymore.
5923  Economy / Trading Discussion / Re: How Exactly Does Crypto Arbitrage Trading Work? (guide) on: December 27, 2019, 01:23:34 PM
OP, you should probably provide the disadvantages (current ones) of Arbitrage trading. Yes it is a type of trading, but it is mostly avoided or stopped now because of the difficulty of actually gaining profit from it. Just the fees of each exchange can cause you headaches already, and most of the time, the price differences of exchanges are so small already that it isn't even enough to pay for the fees of the exchanges. Plus, the time it takes for these transactions to occur, cause you'd want to make as much profit as possible, so you'd have to go for the cheapest fees in the transaction right?
5924  Economy / Speculation / Re: Who is fooling around with btc Price? on: December 27, 2019, 12:14:09 PM
Hasn't this question been asked a few times already? Manipulation? From where did you even get that? Do you think just because a lot of traders/investors want BTC to take a bull run, it would? Stop daydreaming. BTC has been like this because of the traders' demand and the current supply in the market, simple.
There was some news/issues regarding the possibility of PlusToken actually causing the market to drop from 10k - 8k, but even if it did happen, the 7k price right now seems agreeable since it's pretty steady progress. Remember that BTC was only around 3k-4k in January, so having it exit 2019 with 7k seems a nice compromise already.
Sides, BTC can move steadily for even a year if the market dictates as such, and your desires, or no one else for that matter, could change it. Desire is simply put, a desire, it has no tangible output that could magically change the market price.
5925  Economy / Trading Discussion / Re: Reasons why traders fail in Forex on: December 27, 2019, 09:02:24 AM
Traders fail in Forex because of basic reasons. Any mistakes out of those reasons are outside, and can actually just be blamed for wrong predictions or just plain bad luck. Some of the basic reasons of failure is failing to create a basic goal and a stop loss. A goal so that you know when to stop and create a brand new plan to achieve another brand new goal, which is always important since if you set your goal to be too big, it'll most likely never be achieved, and if you fail to create a point where you would stop and re-plan, then you're basically asking for yourself to lose continuously.
5926  Economy / Economics / Re: Coming Changes Bitcoin will be backing USA dollars on: December 27, 2019, 05:51:16 AM
With how much debt the US dollar has accumulated? Bruh moment. Also, Gold? Losing its value? I don't think so. Banks have started accumulating gold way before when the last recession happened. They already expect another to happen, and without something to fall back upon, they would just die upon the coming fo the said recession. With how they expect Gold as backup, you'd think it would actually lose its value? The dollar may collapse and all of that, but gold would never.
5927  Economy / Exchanges / Re: WANT TO BUY BTC P2P on: December 26, 2019, 11:49:04 AM
Localbitcoin bro. That, or just look for some other traders in your area and well, trade peer to peer then. At least, you can secure the coins themselves, just, take care of personal security by then though. 
Question though, why the need to get BTC through peer to peer? Iirc, you can still get BTC from CEXs without KYC albeit only small amounts. If your looking for big buys, then peer to peer it is. Or, just ask a friend to buy them for you, though security again is an issue to that.
5928  Economy / Speculation / Re: Ponzi scheme and Bitcoin on: December 26, 2019, 11:03:06 AM
Most have already said it. Ponzi schemes may impact the market in the short run, but the market knows that this impact is an irregularity. An alien factor. The market then proceeds to regulate or stabilize the market slowly, but surely. Ponzi schemes may scam thousands of users and may obtain millions of dollars worth of coins, but in the end, they'd still have to return it to the market, and they don't have an unlimited supply of it. A long term effect only happens if the ponzi scam actually lasts for lets say 10 years or so.
5929  Economy / Economics / Re: Is there formula for bitcoin price ? on: December 26, 2019, 08:11:45 AM
Information is quite lacking when you presented this. Sides, the Price of BTC involves a lot more factors and is quite unpredictable because human interaction could affect it. Plus, BTC price could differ from time to time because of the possible effects of halving.

I also tried deriving P from the given S and D, but the P i got is D/TD. Kindly give out the way you actually got P from S and D, then provide information, then we can talk.
5930  Economy / Speculation / Re: Can Bitcoin Really Hit $1 Million? Demirors Warns Halving May Have Zero Impact on: December 26, 2019, 07:28:05 AM
This is what I have been thinking of the recent days since I have seen a lot of posts regarding the Halving and the creation of multiple countdown timers to it (there’s no exact date yet IIRC). To my thinking, is the effect of having less BTC would significantly impact the circulation, OF COURSE. But people would be willing to buy more of it just because of that? IDTS. The people still dictate the price of the asset, and if people are eager to buy more, then I would love that, but directly impacting the price is somewhat subjective.
Well, doesn't it impacting the amount of BTC circulating already shows that it has an effect? Like it's making the coin, rarer and rarer every halving because it limits its production already. Like how 1990's music cd's are considered unique because they aren't in production anymore, so anyone looking to buy it would pay a higher price for it.

Plus, considering my example, only a few people would want a 1990's cd. But, crypto is aimed for the entire world, no matter the country. There are 7.6 billion of earth as of 2018, and there are only 21 million BTC available to be mined.

I'm not saying it would 100% increase, but it's a possibility because of this. As long as people continue to accept BTC, the scenario I presented has a high chance of happening.
5931  Economy / Economics / Re: A Nobel-winning economist says it’s time to kill the GDP metrics on: December 25, 2019, 12:10:46 PM
Not really the same as an ignorant person but rather, faces the truth of what GDP really is right now and what the world faces right now. He wants to stop the idea of looking at a piece of paper and then judging the entire country by it, but rather wants the idea of looking at the country itself, before judging the entire country. The economy may be growing well, but that's the economy itself only. It doesn't take into account the loss of resources that were done for that growth to be possible and other factors that were actually sacrificed in order to do so.
5932  Local / Pamilihan / Re: Ang mga Benepisyo ng Gambling( offline)... on: December 25, 2019, 11:11:31 AM
See uhm negative connotation lang naman yung naka attach sa gambling. Gambling was never a bad thing, and kahit na anong gawin kong tingin dito, di ko makita kung bakit nilolook down upon siya ng karamihan. Like see, yes, Pera ang gamit dito, and then? Nagiging masama lang ang gambling pag di na controlled, but in a sense, gambling is just like any other game sa mundo. Sa school pa lang kasi, pag nagtuturo ng addiction or whatever, best example nila is drugs, alcohol and gambling like wtf? Also, di lang sa addiction, but may mga nagtatake advantage rin na mga tao sa mga desperado mag gamble. Yng mga loan sharks, approach sa mga gambling addicts, then may kasabwat na makikipag laro para matalo yung nangutang, rinse and repeat. Lalaki nang lalaki lang yung utang, to the point na kailangan na maging utos utosan nung nangutang.

Few benefits of gambling. Gives out a fun atmosphere kapag risk taker ka, gives out money kapag nananalo ka, pretty much has a solid community and the like.
5933  Economy / Trading Discussion / Re: it's so hard trading my day now! on: December 25, 2019, 08:46:53 AM
Learn and study? If you often make mistakes in predictions, those 2 things are your best bet in making a comeback. Everything rests upon the fact that you actually know what the market of the coin your investing upon and you know the conclusions of the many paths it could take.

E.g. you predict it's going to boom in a few months, that's nice and all but you must also predict what if it doesn't? What if it goes to nother turn? Then prepare the steps you think you need to prevent any major loss.
5934  Economy / Speculation / Re: Why Bitcoin prices dropped so low a few days ago؟ on: December 25, 2019, 06:19:07 AM
There isn't really any special reason whatsoever as to why BTC dropped prices. It's just the basic logic of the market, the simple understanding of supply and demand of BTC. The price lowered because some traders suddenly sold their coins for a bit lower than the market price, which continued until the price drop then. But it wouldn't last long because a lot more traders want to sell theirs at a higher price, which brought about the return of the price to 7.5k and above. Then again, the price always wrestles itself between those whom want to sell higher and those whom want to sell lower, and this brings the supply above the demand, which also lowers the price.
5935  Economy / Trading Discussion / Re: Incredible Article About Market Manipulation on: December 24, 2019, 09:50:47 AM
I didn't know a company called moviepass (probably never made it to global audience because of what happened in this article) but the idea of selling subscription for movies doesn't sound as bad as people imagine it could be.

I mean of course moviepass did it the very very wrong way but the reality is that if a cinema just started doing this individually, they could potentially just give people 10 bucks a month pass that would let them come there and watch it free, not a third party company but the cinema theater itself so that they would know how much they could potentially make. You have cost of 10 thousand dollars per month? Just sell 1000 of these passes and anything extra is your profit. I kinda like this idea now, may have to do something with it, don't know what I can do but I like it.
The idea wasn't bad, and that was why moviepass was able to attract quite a bit of investors as well as customers to their subscription plan/idea. That was why when the massive pump and dump occurred, a lot of investors was attracted and a lot of investors were then, well, scammed. Seeing as the fact that it was a Market Manipulation by them, of course, Made them profit but in the end showed that their plan of trying to scam their investors and customers were flawed, which led to today.
5936  Bitcoin / Development & Technical Discussion / Re: MIner Question on: December 24, 2019, 08:45:02 AM
But if BTC is the Global Reserve for all Cryptos , Wouldn't that hinder the entire crypto space? If i took down BTC value and made it plummet to 0 , all the other alt coins would follow , and if this does happen , then everything is worth 0 in fiat and 0 in BTC value because BTC no longer has value correct? If all of the money were to leave the ecosystem , then everything goes to 0 right?

Uhm I mean, why would fiat become worth 0 when Crypo space goes down? Like Fiat is a seperate market system from cryptospace though? Plus, BTC plummeting to zero doesn't necesarily mean that Altcoins would also follow, though the possibility of them following is high, it isn't a 100%. Plus, if what you were to say DOES happen ( in which I case I doubt it is) that everything goes to zero, the world would go back to the bartering system of the old age, where no currency was upheld between trading parties.

Plus, starting from the initial idea, it is plainly a worthless and wasteful endeavor for the part of whoever is gonna lead the attack through using miners. I mean, that is over 51% of the mining network, who would spend an astronomous amount to do that. And if it does happen, the guy or group doesn't even take profit in there since they are pretty much crashing the BTC market.
5937  Economy / Speculation / Re: Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst on: December 24, 2019, 07:25:25 AM
The guy just stating the obvious right now. With how the sideways movement of BTC ongoing plus the continuous resistance of the market towards the 6.6k drops, There's little doubt that it could actually drop to 5k. Sides, he said that it wouldn't drop yet he also doesn't rule out the possibility of a drop to it, Why even bother making a prediction then, when you actually chose both ends of the coin? Jeez. Complete waste of time and completely filled with hype only.
5938  Economy / Speculation / Re: Bitcoin price and Christmas. on: December 24, 2019, 06:47:03 AM
There isn't really any generalized answer for the BTC market every Christmas. Just like what the first comment said, BTC experienced various movements from each Christmas, which doesn't really follow a pattern whatsoever. Saying a dump may happen, well yes, it could be possible, but no clue as to whether it would happen or not. In the end, the market is still the market and would still move as it pleases. Though imho, I doubt it would actually dump suddenly after all the sideways movement we've experienced the weeks prior to Christmas. Could be a sudden dump, but the market would probably enforce a correction there and move up again after a few hours or so.
5939  Economy / Gambling discussion / Re: Purposes to play gambling, except being rich on: December 24, 2019, 05:59:56 AM
Isn't having fun and playing it as a hobby the same? I mean, hobbies are supposed to bring you fun right? Anw, Yea I picked having fun. I mean, It involves money, yes, but if you actually think of it that way then your pretty much ruining the fun in it. Yes, when you win it's exciting and quite satisfying, BUT that's pretty much a side reward so to speak. Kind of like an additional.

Sides, if you enter a casino to earn money, you're actually just saying "Yep, I'm gonna lose everything I have today in here." Kinda feeling. The rage and such are quite tilting, yes I know, but it's part of the fun ya know? Looking back to those things makes me think of the rage itself, which is funny, not the reason why I raged.
5940  Economy / Services / Re: APARTNER FOR A GAME CHANGER BITCOIN MARKET PLACE. on: December 23, 2019, 11:33:45 AM
Probably create a whitepaper for the project? A simple one could do, one that introduces the basics of the project and it's possible returns and losses. Don't forget the possible disadvantages it provides as well as its advantages, plus a somehow similar wanted poster in the last part that states what you actually need. Whether it be a team or a single person, what qualifications are needed and what is the information that you would need from the person/s you would team up with. Plus, I'd suggest a plan where they could at least see proofs about the 10-50% returns you are currently saying, since words are easy to say/type, but isn't that easy to perform at times.
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