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5961  Economy / Economics / Re: Bitcoin-Rigging Criminal Probe Focused on Tie to Tether on: November 23, 2018, 06:45:07 PM
I think the problem with tether will not end here. They showed they had money in some bank account couple weeks back and that showed to be a bank that the money launderers and off shore tax evaders type of bank as well. It tells me even though they have confirmed that tether has that much money in their bank (which is a big question mark because who has over a billion dollars in just one bank account on some off shore Caribbean bank without having any money anywhere else) it doesn't mean anything and it doesn't worth anything until they can be confirmed not a shady bank.

I can pay some bank to show people I have billions of dollars in my bank account as well, these types of shady banks will do anything you ask if you give them enough money. I do not doubt tether has money but I am sure not as much.
5962  Economy / Speculation / Re: FRUSTRATED AT THE MARKET. on: November 23, 2018, 11:12:01 AM
Since there are people buying, we are good.
All we can do is to wait and see.
Whales are manipulating the market in a way to push small investors to sell their Bitcoins to them.
Making us frustrated is what they want.
Those who are not even buying now are those who are scared to see the market not being able to recover in the long run and seeing it even drop lower. As long as you cannot see the future in something you want to be investing in, it will always be very hard to know how to be taking advantage of every opportunity that comes your way.

The motivation for anyone now is the opportunity to be buying lower, and if you end up denying yourself to buy more now when the price is low, you will most definitely deny yourself a lot in the future when the market recovers, because by then, it is either you are joining FOMO or you are not even part of the market any longer and by the time you want to be getting in, you will have to end up paying a higher price for it.
5963  Economy / Gambling discussion / Re: The owner of Bet365.com pocketed $1,000,000 every day in 2017 on: November 23, 2018, 10:03:36 AM
Next shocking is children addiction to gambling
Over 55000 children in UK have gambling problems
Sometimes they are using his parents credit cards
Colorful slots and aggressive marketing
That number jumped from 16000 last year
Honestly, the children addiction is basically one huge problem that we are beginning to see now, and it even gets worst with blockchain gambling since of course, KYC is not a thing, and age cannot easily be tagged, since you can decide to remain anonymous with blockchain gambling.

The truth of it all here is that people need to realize that even if they want to gamble, it only take huge luck to win, and since the most people carting away with the sad souls money as mentioned by the OP are the owners of the platforms, the necessity to be rethinking approach to gambling or staying away seems to me as something people should be more concerned about now.
5964  Economy / Trading Discussion / Re: 4 Things Traders Must Do To Be Successful on: November 23, 2018, 08:41:17 AM
Thank you for information.
That is no doubt a good observation about what a trader do to make value should. More important among them is the loss management because it helps sustain the already existing assets.
Exactly but trading is not so easy and one cannot make money all the time by trading. In addition, when the market is down, it should be stopped to stay safe. Though these tips are very nice, yet one needs to take steps by looking at the market.
You should not even be stopping when only the market is down; you should have a particular point in the market that you would want to at least be making sure you have your stop loss active. The same way you are anticipating for the market to move up when it comes to trading is the same way you should be anticipating for the market to go against your plan and be ready for it.

If you are never ready for something, the chances of flopping and letting your emotions play the best part of you will always be there. When you approach the market, just make sure you always have a good plan and stick to it, and then, you will be successful.
5965  Economy / Gambling discussion / Re: Does this sound realistic? on: November 23, 2018, 06:52:44 AM
Rarely people can beat the system else every casino in the world would have being shut down by now as if they do not make money how will they give money on winning it. It is that simple and why people do not understand this that their chances of winning is slim as compared to the house.
The only way to beat the casino is to cheat it. Mathematically it is not possible to run any method to get profit but only short term gains which if not withdrawn quickly would only go back to the cycle of win and loss just to add to the loss. If anybody till date could find a method to beat the casino than the gambling industry would not be alive anymore. But even short term gains are lost easily because people fail to stop after a number of wins.

Those who say they can beat the house of boast about doing so are plain liars.
Agree. The thing with a lot of people is that they do not want to face reality and it seems when they get burned, they simply just want to lead people into the same ditch they fell into and then deceive them into thinking they can make shit load of money from gambling.

At the end of the day, for those who even managed to have won at some point in time, maybe people should go back in time and see how much they must have lost compared to how much they are winning now before judging. Facing reality when it comes to gambling will always be a problem with a lot of people and that is why reasoning with what OP has said, will be a bit hard for them.
5966  Economy / Gambling discussion / Re: Friendly advice/warning about gambling in this market on: November 23, 2018, 06:21:03 AM
This is actually one of the reasons why I’ve completely stopped gambling as of recently, from playing games like dice to betting on eSports matches. I do have some fiat accounts with cash on them, so I’m going to temporarily bet on my fiat accounts while this little battle boils over. I haven’t moved a penny of my coins since the big drop yesterday was messing with the exchange prices sites like Bitrefill were charging for Amazon Giftcards as well; it’s unfortunate that the BCH battle’s affecting BTC in this manner, but I’m sure it’ll be over in a minute.
True, with the current volatility of the market as it is now, the best bet is just to be using fiat.
At least, with your winnings, if you manage to anyway, you can easily buy back into bitcoin eventually until the coasts clear.

Certainly as things are going now, there is a huge possibility we might get to see bitcoin go down the more in the short term towards the end of the month, but all the same, it is the market, and we all know how volatile it can be, which is why I agree as well with the OP, that at this point in time, it is best to even stay clear of gambling with bitcoin.
5967  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about Ether? on: November 22, 2018, 06:48:51 PM
Vitalik Buterin and his colleagues make a high-quality product, in one of the interviews the phrase slipped: "Ethereum is good, but because Vitalik Buterin is involved". What do you think: can Vitaclik be like cryptocurrency Jobs? What if he leaves? What would happen to Ethreum? Or only teamwork is important for a good crypto?
I think ethereum has a big potential in the upcoming years if it keeps up the "corporate use" aspect up. The ethereum blockchain is used by ICO's that wants to spread their tokens, it is used by corporation that does blockchain softwares like certificates and insurances and many other stuff, it is used by gaming companies and all that, now it is used by governements to keep track of identification and what not.

Right now, ethereum is getting lower and lower every day but I still think it has nothing to do with Ethereum, it is a great concept and amazing execution of an idea but right now markets are bleeding so it is low. I feel like anyone who invests heavily into ethereum these days will be incredibly rich in couple of years. There is no reason for ethereum to stay around here, it has too much usage and too much demand to stay at these levels.
5968  Economy / Speculation / Re: BITCOIN reach 15k$ by December 2018!!! on: November 22, 2018, 06:11:14 PM
Everyone says a number, I can give out a number if you want, I think bitcoin will be a billion dollars in 2019 very easily. Does that make sense to you? Do you believe me when I say bitcoin will be one billion dollars in 2019? You don't believe me? Well why would you believe someone else? Don't believe in Tom Lee's of the world, don't believe in that telegram admin that once hit the price fall on the nose once, don't believe in that tradingview "guru" who made a chart that resembles what happens.

Just believe in yourself. If you think the price will do something, react to it, do not wait for confirmation, go with your gut feeling. Because after all what decides on the price is none of those dudes, it is the whale doing something we can never foresee before. Who would have thought miners would sell thousands of bitcoin in a day to fuel their war, no one did, and here we are.
5969  Economy / Speculation / Re: This is A Nasty Situation for Bitcoin on: November 22, 2018, 05:39:55 PM
Do you think there these factors favor short or long on bitcoin? I lost quite some money looking at the recent Bitcoin price. https://cryptoinfowatch.com/bitcoin-price-falls-below-4300-proving-analysts-wrong/
I think we have been here before, maybe not exactly the same situation but we have been at the same spot years ago. When bitcoin goes off to a huge number the price drops happens a lot ruthlessly then you imagine. First of all the difference between the 2014 years and today is that back at those times the price hit 1200 dollars but that wasn't that big compared to what it is now and people didn't know about bitcoin as much as they know now. It took a lot of years to get back to those numbers but that happened because people started to learn more about bitcoin.

These days the situation may look nasty but all we need is some ETF or some big company to get back into this spending billions of dollars just to get bitcoin, doesn't have to be one company, it could be collective, but when you put that much money in bitcoin you will get it bigger again.
5970  Economy / Trading Discussion / Re: higher volume markets having larger price swings? on: November 22, 2018, 02:23:43 PM
Normally it shouldn't be like that because it is easier to move smaller volume coins into bigger swings and it is harder for high volume coins to swing because of the high amount it would require to swing.

The reason why the small volume coins do not get those type of swings is that people are afraid if they get into a small volume coin they would change it to better and price would go up but it would be difficult to get their money out of there when the volume drops back and it would be hard to sell at the base price and would require them to sell it at a loss.

At the same time, the reason why high volume coins swing is that people know there are people who are interested in those coins so when a rich person buys a coin like hundreds of millions of dollar worth they will be capable of selling later on without crippling the market too much.
5971  Economy / Speculation / Re: Whose to blame for this dump? on: November 21, 2018, 07:34:02 AM
How do you figure bitcoin doesn't worth 19 thousand dollars ? Or it worth 4 thousand dollars ? Is there any way to calculate that outcome in your mind ?

Do you have a proper logic that would be easily explainable to everyone why it doesn't worth something and it worth something ? I think there is no logic aside from the market. I believe bitcoin worth what the market says it worth because that is the only thing that keeps any currency high as well.

When there is no need for Turkish Lira in the world and people stopped using it and sell their Turkish Lira for US Dollars because of sanctions and what not, price of Turkish Lira dropped like crazy, which means just like in Bitcoin world when something has a value it shows in the market and when it doesn't you can see it in the market again.

Bitcoins worth 19 thousand dollars when people say it worth 19 thousand dollars and Bitcoin worth 4 thousand dollars when people say it does. There is no other way to calculate its actual value.
5972  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance CEO Calls on Ripple and XRP Supporters to Convince Him that XRP Is the S on: November 20, 2018, 03:27:44 PM
I think it is definitely the best course of action for a CEO to add XRP. You may not believe in the product but as long as it would make you profit that's all you should care. Now I think there are two possibilities here.

Either the Ripple company declined to pay Binance money to be listed on their exchange citing they are already greatly big and their trading fee's would be big enough to add it anyway. Or binance ceo has a fundamental problem with ripple people and xrp coin and he declines adding it for a principal reason for himself.

No matter what for a company that makes money from crypto currency trading and the fee's tied to it I think it would be wise decision to add XRP. That way they can make a lot of profit from the fee's and withdrawals and such, they can still keep on not liking it.
5973  Economy / Trading Discussion / Re: Opinions of People Like Yours on: November 19, 2018, 03:52:36 AM
Learned from my mistake in trading, i was loss alot of money because i did not use stop loss. So we should be use stop loss for every trade that we make, and use exchange that provide this feature. Crypto market is open all the times and we can not look in to the chart every times, so use stop loss and sell limit by the same times will make trading activity more profitable.
Well, that is usually what happens when we tend not to learn as much as we can when it comes to trading and then see it as a profession instead of a way to gamble which is what most people always see it as at first and then hoping that luck will always help them out in a lot of ways. Stop loss is always a very necessary part of a trading plan, which is one of the main reasons why everyone need a plan before even entering a trade, and that plan is based on your strategy on what you are looking out for to make a trade in anticipation of some possible movement. However, it is a market, shit happens and dealing with that shit when it happens is what makes you a good trader.

in my opinion saving a few coins that have good potential is a good decision, because if you only save in one coin, then the risk for loss is too large, whereas if you save in a few coins, if one coin decreases, you can still hope on another coin.
Most times even if you know that the coins you are holding have great potential, you won't have anything much to worry about. The thing about the market most of the time is that they tend to move at the same time. For instance, if we tend to see a bull market for the altcoins, it tends to cut across every single one of them and as long as they have potentials and not just some shit coins, it makes them an easy hold. However, I understand totally, the need for at least investing in different coins, to at least diversify the risk of future possibilities which is always a good thing.
5974  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you earn a cryptocurrency now? on: November 19, 2018, 03:08:04 AM
I recommend the people here to join the bounty campaign since I am joined in one of the campaign, I know that it is profitable and reliable. And the good thing about it is that, you don't need too much time in order to manage posting. Lastly, you will also learn so many things.
Well, joining bounty campaign is not a bad plan, considering the fact that you will have the chance to at least use some of your skills to gain something from the market in the long run, without at least having to put your complete funds into it.

Market is here with great opportunities, for those who wish to want to at least take advantage of those opportunities, so in a way; you really want to be sure that you are in it now and having all the patience it takes to at least gain a lot from the market in the future. Patience is all just it takes in most cases and when you know the potential of what you are holding.
5975  Economy / Gambling discussion / Re: Crime Effect of Gambling - Your thoughts! on: November 15, 2018, 12:30:43 PM
I do not really think it is the gambling directly that makes people go to a life of crime.

I think as you can see from a lot of Hollywood movies as well the trouble is not that someone who loses money in gambling goes and steals some money to repay, it is the people who he gambles with that makes it happen. There are not so good people who help people gamble, there are underground casinos and sportsbooks that are illegally run and the people who own those places have a lot of hired gun that will get the money from you one way or another.

If you get a loan from a bank and you do not pay it back, bank posses your things and sells it of an auction. If you gamble in an underground casino and lose, you will have to pay the debt or they will break your arm or leg or something. So it kinda depends on where you gamble not if you gamble.
5976  Economy / Gambling discussion / Re: Best gambling website to invest into? on: November 15, 2018, 06:19:44 AM
I would say just-dice, they have been over 1% of winning for a long long time now and they have been getting a lot of wagers with good profits, they are still one of the most known ones thanks to owner doog (don't know if he is still the owner) and bringing cash for the investors.

I mean there are still amazing casinos but most of them do not need your investment or ask for it. For example if there was an option to invest into primedice or stake I would totally put all my money there, or onehash which is a great sportsbook website or any big website like those and I would definitely be interested, aside from those the only one I can think of is still just-dice, old enough and trusted enough with good track record for any investor to at least test the waters and see how it goes.
5977  Economy / Speculation / Re: Time to buy! Bearish trend seem over. on: November 14, 2018, 04:02:57 PM
Well, as far as we are below $10000, I have always been seeing it as a very good buy.

For now, we have seen the $6k region held up for a while, the market has been consolidating hugely for the past few days and it simply looks like there is actually a possibility of seeing the bottom already as we may keep going like this for some days before we even manage to see any uptrend at all.

At least for time being, this is a good buy as it is pretty close to the support at $5800 - $6k, and at least, looking at the risk-reward ratio, it seems something worth hitting in now for those who want to go long.
5978  Economy / Trading Discussion / Re: Transfer times and fees? on: November 10, 2018, 11:25:54 AM
I do a ton of trades a day, but I have to transfer cryptoccurency from one exchange to another. Since bitcoin transactions take a lot of time and theres a fee, what do you think I can do? Should I sell the bitcoin on the exchange for a fast currency like NANO and then transfer it to the other exchange and then sell the NANO there to get back the BTC? Do I make any sense? Any answer will help thanks 🙂
With respect to fast transaction, I will say that can be some pretty good move, but at the same time, you will still need to be very careful most especially knowing the level at which the altcoin market could fluctuate rapidly, and in that case, you sure want to be timing when you want to be doing such transactions.

With respect to fee however, that would depend on a lot of things, when it comes to trading fees, withdrawal fees and in that vein, you can compare it with the fee it will take you to transfer bitcoin directly itself. I may not be surprised that the time it might take you to navigate to exchange to Nano, and transfer and do every necessary thing, may end up being the same time, it will take for your bitcoin transaction to directly hit your wallet. Just thinking!
5979  Economy / Speculation / Re: Where is Bitcoin heading towards? on: November 10, 2018, 08:14:40 AM
The truth is no one really knows where it is heading. Yes we know that in the long term future the price will go up, that is the logical explanation, even if can't be proven by any metric by the looks of it everyone agrees 5 years from now bitcoin will worth more than what it is today.

Moreover, what is the end game for bitcoin, what we aim by getting it we don't know. Everyone knows bitcoin can't be couple billion dollars each, that is not remotely realistic, I personally do not believe it will reach 1 million dollar as well. I think 100 thousand dollars is the most realistic estimate, not big enough to be a dream and not low enough to be easy to achieve. However what happens next ?

What if it reaches 100 thousand, than what? What do we do with the cryptos we have and how do we use it. So, the next step after all this price drama should be to focus on getting bitcoin adoption all over the world.
One thing you have to understand is that prices don't just rise, they do so based on their level of adoption and believe me that if a time comes when someone is willing to pay $1 for a satoshi, as long as they realize there is value in doing so, then, it is something that can happen. One thing with this market is the fact that it is deflationary and that is one of the main things that makes it have a nature of it being an asset. The more people keep coming in, the more the usage, the more the value keep rising and when there is just so few supply to go around, what else do you expect. More like just a ripple effect.
5980  Alternate cryptocurrencies / Altcoin Discussion / Re: Are stabletokens going to be the new altcoin hype? on: November 09, 2018, 10:50:42 AM
I don't think so, with all of the things that is going on with tether right now there is no way that people are going to be able to trust stable coins any more. There just is no way that a coin can boast to stay at the same price through out its entire life span and that is a fact. Then add the fact that cryptocurrencies are very volatile and then you have a recipe for disaster
Stable coins are necessary and they are basically there for investors when it comes to their ability to hedge their assets in the case of a bear trend.

Tether lost it a long time ago when a lot of shady things started popping up and the team refused auditing and that is an act that is questionable and worrying which has made a lot of investors to get worried using it. Now, that there are alternatives that solve that problem, I believe it is just a matter of time, we will see USDT losing that spot as a stable coin in the long run.

As long as the investors get what they need when it comes to transparency, then there is no problem. It is not like an investor will be investing in a stable coin for the long term anyway, it is just to hedge for the mean time and in that mean time, at least, I want to be sure I am not in the wrong hands.
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