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Not to mention that I am long term bull in the crypto market and always believed in the cryptos. However, $60k seems little odd target based on the current scenario. Definitely halving will increase the price if the demand stays robust but not to $60k level.
Bobby Lee is definitely a knowledgeable person but his target is based on his own speculation. I see that the next halving ETA is around 22nd May 2020 and within this time we will see many changes in the legal framework and socio-economic factors around crypto. Some may give boost to the cryptos and some may be negative for them. $60k will only happen if we see majority of the governments are signalling positive towards crypto adoption. If this doesn't happen, I don't see $60k happening either!
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Hello everyone, Today i'd like to share my story.
So in 2017 in sept, I first mined some electroneum coins and they were worth like $200 later, I as a student couldn't afford to buy Bitcoins for trading or holding, So mining did helped me ETN was a good coin, i would mine like 50 a day and it turned 20cents each, I got addicted to crypto and trading but i was scared to trade and lose those 200$ because then i'd have nothing, So from Sept to Nov, i'd just watch graphs and look at coins, Watch videos, try to learn trading and everything and in December i started trading and you guys know what happened at December 2017, But i was prepared so my $200 turned into like $150, still a loss but anyway.
But it went like this and i kept trading and everything, and i was in love with it...... Sadly in my Exams, I failed 3 papers in total 5... Because of Crypto, it takes you away from Real world, So i was disapointed because of it.
Now i trade carelessly without emotions, and i went above $200.. I saw many times and now experience told me its true that trading is 10% skills, 10% luck, 10% patience and 70% emotions....
good luck and enjoy your lives and don't ruin anything.
Edit: I still have high hopes from Crypto and i think this will change my life and i'll be not worrying about Studies later, But like people say "Don't put everything in one Basket" , so always have a backup. Study is my first priority and Bitcoin can be my side struggle and with luck and hard work, i might not have to worry about studies then.
It's not about crypto at all...It's your greed to earn money over studying that failed you in exam. I know you are probably not directly blaming cryptos but I found an essence of negativity in your statement. For me trading is 80% strategy,10% emotion and 10% luck! Buy cheap and sell high is main strategy but there are various ways to execute that. Try to educate yourself in trading and you will understand that emotion means very little in trading. I am a veteran in trading and I have also faced similar kind of downfalls in my life. But when I started educating myself in trading, the picture changed from tip to toe! |
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Trust is needed when there is an exchange in cooperative relationship with the existing of uncertainty and vulnerability*. This situation is valid in Bitcoin exchange.
I am not sure if I have understood it correctly! "uncertainty" is what made crypto market a speculator's heaven but can you please explain about "vulnerability" please? I know the meaning of "vulnerability" but unable to understand the context here! The trust factor is very closely related to the potential profit. A majority of the people is still attached with the crypto market, because they believe that cryptos will reach to Moon one day and they will be millionaires. That's how this group of people "Trusts" crypto. A very small percentage of people are actually interested in technology and that's why they "trust" crypto! But we can't really leave any one of them because both type of believers are the pillars of crypto eco-system! Some trust the money and some trust the technicality! That's it, Simple! |
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Being a hardcore communist country, China simply doesn't want their citizens to have access to anything that can't be controlled by the government. The strict centralization of power still exists in China, big time!
However, after the initial ban on ICO and cryptos few years back, China has gone down to 40th level in the list of crypto rich countries. While before the initial ban, China was on the 2nd position. So it is unlikely to see a major impact on the market but yes, we will see a little impact for few days because a lot of Chinese people will try to sell off their holdings. But I don't see any major reason to worry!
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There are some payment service providers like coinpayments who can facilitate such transfers. However the receiving entity needs to be registered with their bank account. You will make payment in bitcoin using their payment layer and the receiving entity will receive settlement in their bank account.
However, Banks are an integral part of this entire process and can't be ignored.
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As some of you may already know about it, that SEC finally rejected the ETF that was proposed by Proshare Capital Management LLC. The rejected came in today and SEC released the official document confirming the same. SEC document Link: https://www.sec.gov/rules/sro/nysearca/2018/34-83904.pdfNow my point is that, it is actually good for the market. The market was living on a false hope and SEC finally pulled the plug out. No more false hope will certainly help to recover the market. Newbies were excited about the news of ETF without knowing the fact. Let me point out a few for noobs. 1. The proposed ETF was meant for institiutional investors and not for common people like us. 2. The underlying asset for the proposed ETF was CME future contracts. No physical bitcoins were proposed to be purchased resulting zero impact. 3. SEC used your excitement to control the market price of bitcoin to some extent. With every delay announcement, market took a dip because you guys thought this ETF will be a great addition to the market. Wrong! Now the ETF has been rejected by SEC, please don't let your emotion to ruin the market. The less numbers of regulated products around crypto, the better! The decision will help the market survive without intervention of SEC. So rejoice and cheer! SEC is rejected proposals from ProShares, but also at the same time from GraniteShares and Direxion. Before that they rejected Winklevoss ETF also, and all of these proposals have not actually had a real chance. Only ETF that should have some impact on BTC price is from VanEck SolidX Bitcoin Trust, and this ETF is BTC physically-backed, so if big investors buy shares in fund they need to be backed by real BTC. It is true that this is for big players, but if they decide to invest in BTC, market will react with price increase. Many would like that BTC ETF never happens, but there is no way to stop interested parties to continue submiting new proposals. This story is far from over, next "big date" is September 30 - new date for CBOE VanEck SolidX ETF, but probably it will be rejected again and postponed for December or even next year. Right you are! But SEC is going to reject it as well knowing that physical bitcoins will be bought for that ETF. How can SEC let fiat money coming to bitcoin market? That will not serve their purpose of blowing us dry! So they will keep delaying the proposals until they win over the newbie emotions. That's a badass game. Market had reacted to their decisions earlier and there's no sign that it will not react again! One thing we need to understand that, we don't need them, instead they need us! Also all of these proposed ETFs are build for institutional investors and not for common people like us! |
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If and when cryptocurrency finally becomes an official global currency, how do you think it will affect the global economy and the economy of each countries? Will it help improve the economy better than fiat or will it still need help from fiat?
I don't see it is happening anytime soon or within our lifetime. Cryptos need government regulation and clear legal framework to become local currency first. Out of all countries in the world, only Japan and Germany have adopted them to be used as a legal tender. Rest all countries are still going through a dilemma. They have neither absolutely adopted it nor absolutely banned it! So the chances look really grim for bitcoin or any other crypto to become a global tender in our lifetime. Even if it happens in the near future, it will be certainly not bitcoin. It will be something similar to the government regulated digital currency whose values will be guaranteed by some of the big economies. I don't see much future of cryptos here in the global level for global trades because the consortium of governments won't let it happen! |
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I don't know how you are saying that the transaction speed is 2-3 hours now?? That's a long gone past and with the adoption of segwit, it has come down to 5-10 minutes long back. Check your facts before saying this!! https://www.blockchain.com/btc/unconfirmed-transactionsThe above link shows the number of unconfirmed transactions and currently while I type this reply, it is showing 2131 transactions are unconfirmed! That's well within the limit and should not take more that 5-15 minutes to get 3 confirmations from the network. Also the transactions fees are now in cents. I often make transactions valued $300-$400 and pay the fees in cents. |
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As some of you may already know about it, that SEC finally rejected the ETF that was proposed by Proshare Capital Management LLC. The rejected came in today and SEC released the official document confirming the same. SEC document Link: https://www.sec.gov/rules/sro/nysearca/2018/34-83904.pdfNow my point is that, it is actually good for the market. The market was living on a false hope and SEC finally pulled the plug out. No more false hope will certainly help to recover the market. Newbies were excited about the news of ETF without knowing the fact. Let me point out a few for noobs. 1. The proposed ETF was meant for institiutional investors and not for common people like us. 2. The underlying asset for the proposed ETF was CME future contracts. No physical bitcoins were proposed to be purchased resulting zero impact. 3. SEC used your excitement to control the market price of bitcoin to some extent. With every delay announcement, market took a dip because you guys thought this ETF will be a great addition to the market. Wrong! Now the ETF has been rejected by SEC, please don't let your emotion to ruin the market. The less numbers of regulated products around crypto, the better! The decision will help the market survive without intervention of SEC. So rejoice and cheer! |
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Although it seems to you that there are no solutions, I assure you that your answer is within your reach. The answer to the question of what you should do cannot be given to you by your friends, families or even experts, but only by yourself.
What I can tell you is that you can not influence the will of your loved one to solve the problem if he/her ever thinks he has it. The behavior of the loved one can certainly indicate that he/her is a gambling-dependent person. Gambling addiction is sometimes referred to as - "hidden disease" because there are no obvious physical signs or symptoms such as drug dependence or alcohol dependence. Compulsive gamblers usually deny or alleviate the problem, and they do everything that is in their power to hide their problem.
The gambling addiction is the type of impulse control disorders and because of that, the compulsive gamblers cannot control gambling impulse, even when they know how bad and harmful they are. The gambling problem can burden relationships, hinder responsibility at home and at work, and lead to a financial disaster. Although gambling addiction can be cured, every treatment is the key readiness of a person to admit to having a problem and wanting help.
In most cases, the relationship is burdened to such an extent that it also affects the health of the non-gambler in a relationship, and ultimately determines the further course of life that does not go in the desired direction. Blackmailing the loved one to terminate the addiction will not lead to the desired effect, nor the "forced" treatment will. If a loved one is not aware of at the moment that he/her has a problem that needs to be resolved, none of the above solutions will result in improvement.
It is important that you realize what you want and how well you are willing to neglect your own needs, wishes and priorities until your loved one feels he/her has a problem.
I suggest an honest conversation with the loved one, without condemnation and blackmail, which will show you in what way is he/her looking at his/her own problem, and then comes your decision about the further course of the relationship: the willingness to fight with the uncertain end, or the decision to continue your life course in the other direction.
To all of you with the same problem, I wish a lot of luck and courage!
My questions are:
Do you have the same problem at home?
If you have this particular problem are you trying to solve it?
If you have solved it, can you share your "personal fight" flow and outcome here?
Thank you!
You have got good writing skill so keep using it. I just want to add my 2 satoshis here, Please change the thread subject as "Life with a loosing Gambler - Solution!" Because an winning Gambler's family/loved ones usually lives a way better life than anyone here combined! The problem starts with loosing and excessive addiction and it is curable. Look at the below link to know more about possible cures, https://www.gamblingtherapy.org/enHope this helps! |
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Everyone seems to be obsessed with the SEC's approval or rejection of the next phase of the ETF in a couple of days, which will be obviously dennied and my thesis is the market is smart enough to know this and so the rejection is already priced in which means there will be no dump. However, no one seems to be talking about the ETN, which would allow investors immediate access to "BTC shares" without all the bullshit that the ETF needs. https://www.bloomberg.com/news/articles/2018-08-15/lovelorn-u-s-bitcoin-etf-fans-may-find-satisfaction-in-swedenMore info there. Looks like it's already opened? didn't do much market wise. ETNs are not exactly similar to ETFs. In ETN, the notes are traded with a significant amount of premium unlike ETF. For ETF, there is no premium to be paid on the price of the underlying asset. So ETF is more suitable for the small investors like us compared to ETN. Probably that is the reason we are not seeing much excitement about ETN among the community. Also an ETN is usually backed by a physical asset. However, I am not sure in this case. Most probably this ETN is backed by physical bitcoins. That is the reason why we have not seen any impact on the market either. |
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This is what will make the cryptos stronger and driver for growth. Let me allow to present the official link to the news, https://gobbill.com/cointree/https://gobbill.com/afr-cointree/It seems like gobbil is planning to integrate crypto currency payment layer for businesses to accept crypto as a payment and get the settlement in fiat. Even though we already had similar companies acting in the same field. But we need more such service provider to make the world of cryptos more accessible to the common mass. Good luck to this initiative! |
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"It is also a good idea to keep yourself in the lowest tax bracket. For example the tax on $51,800 is 12%. But add $1 and it jumps to 22%!" I am not a trader  I have a 9-6 job. so Tax brackets are set for me (well If I do not loose my job) This is the most ridiculous tax situations I have seen as $1 could change the whole situation. The confusing part of it is the trading of coins which should be under another type of tax maybe VAT and when there is a final disposal to fiat, Capital Gains Tax can be applied. Personally, capital gains tax should not be applied exclusively on crypto because of its nature. For buildings and other properties, its pretty straightforward. You build a house for certain amount till completion, you know your costs. The moment you sell, the value is determined and you know your capital gains which tax will be applied. For crypto, its different and cumbersome as the 1btc you have might have been acquired over time at different rate and now that its being sold, which exact cost will be the cost of purchase. The problem you have stated is actually true! However, the exchanges are providing P&L statement to help you calculate the capital gains. THe only thing you need is your trading history. The more exchanges you will use, the more confusing and complicated it will become. Otherwise, it is pretty straight forward in nature. The P&L statements will have all details like time of buying, buying amount and buying price. Also capital gains tax are not exclusive to cryptos only. It is applicable on mutual fund, properties and equity as well. If you haven't seen any P&L statement, try to see one and you will understand that it is not difficult at all. Just need to know the right things! |
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Likewise! Loved the website design. Looks really great. The rolling game reminds me of wheel99 website though.
To the point that Joel raised about security, do you really need kyc from the players? That will most definitely hinder the growth of the website. If not, update the text please!
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If the user understands what he is doing with the mining app then Google has no right to ban those genuine mining apps completely.
None of those apps are telling the users the truth. And truth was that for the most app there was barely any mining done and the apps were full of ads, that's how the "devs" were earning tons of money and you were just destroying your phone. There was no warning about what 24/h mining would do to your phone and battery, there was no warning you're going to earn 2 cents a year. Those apps were used just to promote shitcoins and tricking newbies. Goodbye and good riddance! I second that opinion. Google play store is actually overburdened with loads of mining apps now and 99.99% of them doesn't do any good. I tried few of them when I started my crypto journey without any luck. It's better to have a clean marketplace instead of these useless apps. |
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Move this thread to the Goods section. Link below, https://bitcointalk.org/index.php?board=51.0Nice initiative! However, the prices seems to be on a higher side for the international customer. Along with the international shipping charges of 19.99 makes it even costlier. Think about it! |
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Is this really happening. I think this will be huge support for existing of bitcoin. Recently,I heard that Samsung started to accept Bitcoin on 3 countries. It is said that customers in Tallinn, Riga, Vilnius, and Kaunas in the countries of Estonia, Latvia, and Lithuania will be able to purchase Samsung smartphones, tablets, laptops, TV sets, and more with cryptocurrency.
You should at least share the links so that we can read and comment about it. Anyways, maybe you are referring to this article: (UPDATED) Samsung Stores in the Baltic States Still Don’t Accept CryptocurrenciesI'm not surprised by the Baltic + Samsung accepting it. Those states are very friendly anything related to cryptos (ICO,blockchain). Yes its a welcoming news and this is just a small step for crypto acceptance. Perhaps this is just a experiment for Samsung and if they see it going a positive way then it might be rolled out to other friendly nations as well. I have also stumbled upto to the same article while googling on the same news. However, pleaser read the entire article. It is a fake news. Samsung rolled out a press release confirming the same. Also the admin of Coppay removed his Medium post after that announcement. It's a confirmed fake news! |
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As per Wikipedia, the definition of a private currency is as below,
"Private currency is a currency issued by a private entity, be it an individual, a commercial business or a nonprofit enterprise. It is often contrasted with fiat currency issued by governments or central banks. In many countries, the issuance of private paper currencies is severely restricted by law."
So as per the legal definition, bitcoin doesn't qualify to be a private currency. Bitcoin or any other crypto currency is mainly a new kind of currency whose legal definition is still not framed correctly. Definitely these are not private currencies by the definition. Private ICOs are more closely related to private currencies by definition where the tokens are issued and controlled by a certain company using a private blockchain.
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being topless and education don't exactly agree with each other! unless you are gay or a non-lesbian woman you would not be able to focus while a half naked female "teacher" is talking about a topic. your focus would be elsewhere all the time  not to mention that this is not some famous pornstar with a lot of followers! this is some random unknown person with a twitter account, it is not going to change anything because the audience is not really that wide. Yes, I kind off thought the same thing! Crypto is not very easy to understand especially for someone who doesn't have any technical expertise. I don't know what kind of video she is working on, but if this video is related to the cryptocurrency technical architecture, a lot of people will be interested in seeing just the two Xooxo's without actually paying attention to the details. I want Ivy Rose to do the same for us which can focus on the general cryptocurrency use and applications. |
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