Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks

Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?

1. Advantages of Bitcoin Investment: Bitcoin Security Factors
 Bitcoin is very difficult to fake by other parties. Besides that, every Bitcoin that exists and every transaction made will be recorded on the Blockchain. This makes it possible to know the amount of Bitcoin and transactions that have been made.

2. Excess Investment of Bitcoin: Can Be Used As Savings
Bitcon is a form of savings as well as investment that has a simple and no hassle system. Bitcoin value has the potential to continue to rise from year to year and can be a very profitable investment tool. However, you still have to be aware of the high risk of Bitcoin. Because, it is not impossible you can suffer losses from investments made.

3. Advantages of Bitcoin Investment: Bitcoin is Easy to Use
The ease of use because of its world-recognized and digital nature. When you want to transfer money, you only need a Bitcoin Wallet or Wallet that you can make easily.
4. Advantages of Bitcoin Investment: Pure Bitcoin Value Based on Market Law
Market law reads, when an item / service experiences an increase in demand, while the supply of goods is fixed, the price of goods will increase. Likewise, when the number of bids is higher than the number of requests, the price will decrease.
5. Advantages of Bitcoin Investment: No Party Can Intervene in Bitcoin
The thing you need to understand next is Bitcoin using a decentralized system. This means that there is no party to regulate it, because all parties can participate in the process.
6. Advantages of Bitcoin Investment: Bitcoin is Easy to Carry Easily and Safely
Because it has no form and is a virtual currency, you can carry whatever amount of Bitcoin you have. In addition, you can still feel safe from a potentially disturbing crime during your trip.

7. Advantages of Bitcoin Investment: All you need to do is enter an email address and right away you can get a Bitcoin account. This convenience allows you to have many Bitcoin accounts with different ownership names.
8. Excess of Bitcoin Investment: Secrets to Maintain
The thing that makes your secrets more awake because when you make a Bitcoin address, you don't need to use your real name or residential address.
In this way you can create a Bitcoin account and keep the account owner confidential.

9. Advantages of Bitcoin Investment: You Can Use to Pay Transactions
The last advantage that you can get when investing in Bitcoin is the ease of making payments for every transaction made. Merchants that provide Bitcoin acceptance services have spread throughout Indonesia and the world. However, you must really ensure that the merchant accepts payments using Bitcoin.

I believe it is!

What do you do to relief trading stress? Do you have any alternatives?

As for me I stopped trading for 3 months and play blockchain games. Now I feel myself better!

After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

So with how much bitcoin and all the altcoins are down, is it even possible for any trader to make any money?  Example let say this.  You buy btc at a very low price due to these dips.  Now you could either keep btc or buy altcoins with it.  Now the market goes down every single day.  First off, does anyone know if btc or any altcoins ever have a day where the prices drop every single hour?  Or is that impossible?


Anyways, with how much all the coins are dropping, is it even possible for any trader to make money on days or weeks like this?  Im thinking its only possible if they make sure they sell it at the right hour and minute etc in order to profit.  But of course if they are down almost all day, how is it even possible for anyone to make any money?  Sure when the market goes back up in a while, and the price gets higher than they bought it at and now they sell, the profit.  However, the same ppl who hold the coins will profit as well.


Because doesn't it seem like there is no skill involved at all it seems?  Because if the market is down for a long time, what percentage of traders are even making any money when the market is down?  Of course if you got a coin at like 10 cents a long time ago and then it went to 5 dollars... and now because of this.. its now down to say 1 dollar, well you are still up money if you sell it now.  But the same ppl who got this coin probably got it at over 3 dollars and lost a huge percentage of its value.


So is it true almost everyone loses money when the market is down?  And almost everyone makes money when the market is up?  Because if btc goes up, the alts follow.  BTC drops, everything follows.  Its like there is zero skill at all almost.   Such that yes when it goes up, some altcoins might go up higher than others.  Also why do certain very good altcoins drop when btc drop if that project is very good etc?  Yes i know you need btc to get that coin and vice versa but its like its either everyone wins or everyone loses.


So right now market is down a lot especially for those who bought not that long ago.  So where is the skill here?  Its basically when to sell and when to buy right?  However, when market is down like this, who is damn making any money?  Because isn't almost everyone losing money?  The only ppl that i could see that likes this huge dip are those that have usd/usdt ready and picking when to buy.  Of course they could have waited till btc was 8k and thought great i buy now or buy alts and each of these already lost a lot already.


Who is making any money now when the market is down?  The ppl who are selling?  Surely not since the price they sell now is much less than before.  Also just curious but does this apply to stocks and forex trading as well?  I know that well stock market goes up, doesn't almost all the stocks all go up it seems?  The same can be said of forex or am i wrong here?  I only know forex is money trading with different currencies etc.  Because when you look at other things like poker or sportsbetting... someone is winning and someone is losing.  Also to anyone that bets sports or knows about sports, you might hear how all the wise guys are losing money.  Wise guys are sophisticated sharp bettors that are much smarter than your average joe.   That average joe most likely bets very square picks... meaning like obvious public teams etc.  However, the thing is the public does win.  And when they do that, sportsbook would lose money.  But usually they get it back and the average joe loses it back betting very public plays and the sophisticated bettors aka sharps win again.  However, i heard of sharps having really bad seasons etc.



So based on that, doesn't it seem like crypto trading is basically everyone wins or everyone loses?  Because in sportsbetting, yes the house does win and they house could also have a losing streak.  But eventually they win back the average joes money.  But if the average joe gets lucky and goes on a huge run whether betting favorites or underdogs or whatnot, its possible for him to win for a long time or lose for a long time.  Also let say you have a few players who are sharp sportsbettors and a few average joes.  Well if the sharp guys are winning, most likely the average joes are losing.  If the sharp guys are losing, average joes are most likely winning.  I say this because they usually play opposite plays most of the time.  But no matter what, someone has to win.  Whether its the sportsbook or the bettor.  Also in sportsbetting, there is something called live betting where its like trading.  Basically you can bet on either side while the game is going on when odds change always etc.  But when you live bet, if one player bets this team while another player bets another team... remember each of these players are betting against the sportsbook, one player will win... the other loses.  Thus that is where the skill comes in.  So does anyone here feel like the market dictating winning or losing is just stupid?  I mean if market is down, who is making any money?  Its like ppl say when there is a bull market, everyone thinks they are a genius.  Well if its a bull market, the only thing you have to think about is okay i will buy btc but should i exchange it for altcoin or not and which one.



Anyone here have thoughts or opinions on this?  I got excited about cryptocurrency and trading and wanted to do it.  But now when i look at it, its basically look at the market.  There doesn't seem to be any skill in it.  Can anyone here correct me with any of my statements especially if i made any especially in sportsbetting?  Thanks.

Is there something I can do with my tokens? I mean buy or trade my BTC’s for something real. Guys, if any of you know any such live/upcoming projects do let me know here thanks!

The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms  a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:

2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+

Do you see something frightening in it?

We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?

In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!

So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.

Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.

What do you think about it?

Just happened across an article from May 2018 about a street artist who is earning crypto from his
Graffiti work by placing a QR code for people to send rewards - great idea! >
http://cryptotimes.org/bitcoin/street-artist-nets-1000-bitcoin-qr-codes-murals/

https://www.pboy-art.com/biographie



This goes to show there are many ways to earn crypto and the lesson is to be creative and think
outside the box. We can all earn crypto legitimately if we put our minds to the task and market
the idea.

Im just throwing it out there but I would love to read a part fiction/part historical novel about the
creation of Bitcon and Satoshi Nakamoto

I am not a veteran in this gambling industry so trying to understand what majority of the people thinks about it.

I have seen a lot of threads in this section as well as in other online forums which always protrayes gambling as a negative line of earning money online. I have seen people comparing gambling with alcohol addiction. I have seen people actively trying to discourage others from getting into gambling industry. What's wrong with gambling?

It is just another business and also legal in many countries. People who buys lottery tickets are also gambling only.

 In trading industry, you bet on your speculation and in gambling industry, you bet on your luck. In both trading and gambling, there is a risk of loosing money. So why trading is seen as a good way of making money and exactly opposite for gambling?

I belive it is just a social taboo about gambling and we need to rethink our stand towards gambling. It is just another legal business. What's your view?

How do you think banks make money, how does a bank make money to pay its employees and business operational?
Does the bank rely solely on interest on loans from banks?

I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.

I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)

Does anyone here know the reason behind people loving precious metals?

We are very curious: Which Altcoin do you prefer/like at the moment? Would you trade your Bitcoins for that Altcoin, and expect to get a higher profit?

For instance, TRON is getting quite popular, so we listed it on IcoCryptex.io. But if there are any other coins you prefer, we would like to hear about it.

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

The ICO ended quite some time ago but if you'd like to invest in the project you can do so at the following exchanges...

https://coinmarketcap.com/currencies/peculium/#markets

GREAT NEWS: NEXT PRODUCT !!! 

The beta version of Singulus will be released on September 03rd 2018, again ahead of roadmap!

More details: https://peculium.io/en/singulus-next-product-peculium-be-launched-ahead-schedule

The only jackpot i have won is the prime dice 77.77 one. I have won them three times, but unfortunately the wins weren't that big, The biggest i won from the jackpot was 0.007 BTC. Have you ever won a jackpot in your life? If so how big was it?


"The biggest jackpot from the list below is won by user " tyz" with amount of 3.7 BTC. "

As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,

The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.

This is why crypto may not have any impact over the global Economy whatsoever.

Any thought reading this?