Bitcoin Forum
November 19, 2024, 08:10:34 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 [32] 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 ... 108 »
621  Economy / Gambling discussion / Re: What p2p games will you play? on: March 04, 2020, 07:58:42 PM
Why not create a game that have a 1 v 1 or a team fight.
A classic MOBA games and bring back some old memories like DOTA 1 where gambler would create a lobby with a certain amount of players that they want and a certain amount of bet.
A game where we would use our own skill and doesn't depend much on luck.
I believe decent.bet offers such opportunities where you can play these games for money and win against other players and I also heard they have implemented some good cheating detectors to avoid any hackers and unfair advantages but I have not used the website myself since I am not someone who is into player games because I rather love to play against the house it's easy and simple while also being fast.

I don't know why anyone would be playing against players and wait for matching when they can always play against the computer. But yes games of skills are where house won't be able to play with you.

The house will only provide you presetted computer program that could play against your game. However, unlike the personal match which you can play lively with a person next to you can be fun compared with bot computer. For me, bot set-up was only a virtual aspect which we can't feel the presence of person to person interaction just like with online mobile games.
622  Economy / Trading Discussion / Re: What tools are not enough for you to interact with cryptocurrency? on: March 04, 2020, 07:27:49 PM
Also, we have the idea of a tool for comparing currencies on exchanges. We want to make a convenient place where all the tools you need are collected in one place. And in the end, we plan to make a convenient and practical toolbox out of just a news aggregator.
It's already existing and being provided by companies such as Blockfolio, Tab Trader. Although you may add features thus you may differ from them, you'll end up being one of their competitors which is difficult for a starting company such as your company.
What tools do you use to interact with cryptocurrency? What functions do you need? What do you advise us to strive for?
Most likely features for trading. There are a lot of features that can be added in trading. If you'll take a look at stock trading tools, there are a lot of elements from them which you can apply in crypto trading.


I am looking for a certain tools that could provide me an assurance that I can manage trading without any hassle. But as far as I can see nowadays, implementing any type of tools won't work until such time market demands will be back on a normal trend. We need to look closely on the factors that could help us establish a strong foundation before trading crypto asset.
623  Economy / Trading Discussion / Re: Random coin picks experiment on: March 03, 2020, 11:04:07 PM
Be careful with your strategy, you seem to be treating trading like you are gambling, betting on low odds with high return.
I know it happened in the past during the bull run where even shit coins pump, but there is no guarantee it will repeat, so better be ready with the result.

Besides, that's how it is here in crypto, big risk = big reward, so good luck.

Cryptocurrency has no definite assurance on which asset that could bring us wealth in the future. Risk is always a part of success, and if we're going to survive on that challenge it's always an amazing to see your holdings reaching a profitable value. Even the smaller ones, has its potential growth as long as community is always active on its development.
624  Economy / Gambling discussion / Re: Leave gambling, if it destroys you. on: March 02, 2020, 11:05:07 PM
Gambling money is the easiest way to become rich and to become poor and most of the time is Poor because you will not win here especially if you are addicted already.
Like if you will win now tommorow not, and you need to find money again to gamble and this will ruined your life because of addiction you can sell your house,  car,  jewelry and many more which will not good because you already destroying your life and don't deny because this is already happen.

That's why gamble responsibly and don't make this as main source of money. Because you will never win here!
It's right no one become rich in gamble if they being addicted into it. Because of greediness they want to win big but they think that they will get all the money in gambling. I experienced that happen to me when I get addicted on gambling all my money got lose until all my jewelry cellphones are being sell because in that gambling. But I learned a lot that no one become rich in gamble. True gambling ruin my life.

It won't ruin lives if a person knows his/her boundaries, in which having self control is the best key factor to obtain good profit. Entertainment is a mindset for a person who used gambling for fund, but it's an income source for some addicted individuals which isn't appropriate to become a habit. Decisions of leaving gambling can be too hard, so it needs to be done slowly but surely.
625  Economy / Gambling discussion / Re: Do you keep a spreadsheet for you wins and losses for tax purposes? on: March 02, 2020, 09:39:00 PM
You can't easily track your wins and loses if you didn't make a spreadsheet for your wins and loses but if you ask me for what purpose then I really don't know what it's purpose and in my opinion it can be used for any purposes like the post above and for taxes like you mentioned. It is very helpful in my opinion.

If possible then better to keep the spreadsheet because not only for tax purpose but also for your profit or loss at the ned of the day could be managed and known . This is very helpful for one to keep a track of their gambling activities and accordingly can plan the future course of action. This should be a good strategy to apply.



same as a trading diary/journal.

keeping track of it is mandatory if you want to study your behavior, learn with it and improve your gains in the future.

If you wanted to improve your status in trading right now, following all steps that will benefit the progress of your growing asset. In crypto holdings, the government is always separated from decentralized spending towards centralized fiat currency. There's no need for detailed information just for tax purposes. Confidentiality must be applied for this certain position.
626  Economy / Gambling / Re: Blockchain lottery? How does it work? on: March 02, 2020, 08:06:32 PM
Just red this from a friend post in FB
Any thoughts?

Btw in ways of a warning there is a new lottery website in town called cryptomillionslottery.com and it is my understand this has to be another major scam.... the owner Sulim Malook owes money to multiple companies in the gaming sphere and was using this con of offering shares in his company for services (which of course were not real). Just be careful and always ask for money upfront if working with these guys! 😘



This info is helpful mate, so that anyone who has no enough information with the ongoing activities of that website. There's no reason for the lottery subscribers to continue their bets, since that blockchain lottery tend to scam people without even noticed for long period of time. In general this man who manage it, only used dummies of fake lottery results and winning chances isn't legit at all.
627  Economy / Trading Discussion / Re: Trading vs. Investing. on: March 02, 2020, 12:51:37 PM
Yes, i also think so that both trading and investing need more knowledge to be successful. I personally saw many investors that invested without knowing vast and fall in deep problem and same as traders. Market is not much volatile to everybody must have to be careful so that they can not feel upset in future.
I think the more correct way of telling this is that trading and investing is a part and parcel of the same thing. This is different from the stock market though. Here you will mostly be investing in altcoins, although they are other methods to invest too which are sadly much less in number few of which being casino bankroll investments. Here one will also trade those invested coins. So it is one after the other and not two separate things.

Of course market volatility is the reason why people trade. There are no reasons to trade a stagnant coin which shows no signs of life. We all know what to buy in and not what not to.

Most trading decisions will fall unto sudden actions which we won't expect to happen, because when we need funds for personal expenses you don't care for any reasons. Being decisive on certain circumstances, will overcome some fears and worries. Though some may think it's wrong, but I do believe as long as we're having comfort on that money; everything will be all worth it.
628  Economy / Speculation / Re: Buy on Friday and Sell on Monday on: February 29, 2020, 11:22:21 PM
Not entirely true... I have been following bitcoin prices for weeks every day and in fact sometimes the reverse happens.
When the drop starts on Friday, expect it to go further down even on Monday so this theory will only get you loses if the trend is bearish
Another i noticed is that there are certain hours throughout the day when there is high volatility and low volatility depending on the trend.

Fluctuations always happened in an unexpected scenario, that's why bearish market will normally occurring on that opportunity. You can't do buy and sell if the market changes isn't capable within your timeframe. Being a trader, it's difficult to plan in accordance to your desire to achieve profit, we really need to manage our asset seriously and focusing on strategic analysis.
629  Economy / Trading Discussion / Re: Trading, gambling and binary options. Which one you prefer? on: February 29, 2020, 10:23:39 PM
If we have to pick one of these, I would say gambling is a lot more fun than the other options. I don't know about binary too much so I can't really say what it is or why I wouldn't pick it, simply I just don't know that one. Between trading and gambling tho is the fact that I am not good at trading neither, I am not capable of doing any decent trading personally so it is basically like gambling for me as well.

However, when I am gambling I do not gamble dice too much and I prefer to gamble with sportsbooks which allows me to at least study and know what I am betting on which allows me to profit a lot more. Otherwise there is really no other difference between trading and gambling if you don't know what you are doing.

That's your way of freedom on spending and nobody can stop us of playing gambling. But with my own opinion, we can't link gambling over trading, because in trading you won't lose both capital and profit. You're still have the option to sell or dump when you see the trading isn't working, but on gambling nothing will be recovered when you already bet for any of those betting games.
Trading is one of the most effective, as long as you're equipped with skills and self motivations.
630  Economy / Speculation / Re: How will the Halving affect the BTC price? on: February 29, 2020, 09:59:47 PM
Well, I am pretty sure there are way more miners going for speculation than you think. That's how it most likely became popular to mine BTC: whoever mined BTC in 2015 when a Bitcoin was worth $170-200 had their mined coins become worth 100x more two years later. Think of how many have invested in BTC when its price was between $10k and $20k hoping another 10-100x increase would follow - I could easily link this to what happens with mining.

The title asks about the way halving affects the price and the post asks how will it affect miners... which one do you want to know? Cheesy

Hopefully both sides will be explained here and based on the ideas that I had, halving effects is really amazing when there's a consistent price increase. Demand will follow for the entire market influence, so we will able to see the price growth progress. Miners will also increase the numbers of transactions as well as profit, because more people starts to trade and blockchain network will be back to its normal activities.
631  Economy / Speculation / Re: BTC Rate Year2020 on: February 29, 2020, 09:16:02 PM
we can all guess about this, but before halving, and the highest price this year, the price of bitcoin reaches $ 10500. Seeing this, I estimate the price of bitcoin to be higher after halving and allow the price of bitcoin to reach $ 13,000 or even higher. I wish the price could be close to $ 20,000, but that is still quite difficult to realize.

That price was indeed so hard to fulfill, and eversince the last fall of bitcoin market along with other crypto; many holders was still hoping to see any progress right now. What's frustrating to see is that price was continuously outraged by the recent problems that affected by global crisis. Typically, most of the reason was due to adoption and most potentially the latest problem of epidemic virus ncov which currently affected finances from several holders.
632  Economy / Trading Discussion / Re: which skills anybody needs to learn to start trading t exch on: February 29, 2020, 12:51:15 PM
trading skills needed about token buy & sale & crypto coin buy & sale?

If you buy a token, you shouldn't deal quickly but scrutinize the platform of where you'll going to be part with a desired crypto project. Nowadays is very hard to trust unto something that we're not really familiar with. Buy and sell of token from an ICO isn't practical idea because it might suddenly crash down due to panic from other holders who has no proper study on their investments.
633  Economy / Trading Discussion / Re: Crypto Charts Are Garbage on: February 29, 2020, 12:20:18 PM
Anyone sick and tired of articles citing charts? I’ve been in stocks for 10 years and I know how to read them. Bitcoin/crypto isn’t candle based.

Perhaps the article authors are going a bad job interpreting those charts.That doesn't mean that the charts are shit,just the article authors(who in most cases aren't experts in technical analysis) usually suck.
You are right that the crypto charts have little to do with the stock charts,but that doesn't make them a useless instrument for market analysis.Can you refer to some low quality chart analysis articles that you don't agree with?

Most of those who give their further details of analysis has been very inconsistent with a certain trend. Some of them were very aggressive on every thoughts which sometimes exaggerating to read. I am pertaining on respective movements of each coin value, and I don't see fair outcome because some analysis was only trying to attract other individuals interest, in which we need to be careful as well.
634  Economy / Economics / Re: Countries and their own cryptocurrency! on: February 29, 2020, 11:20:53 AM
First of all, the knowledge and understanding of every government about bitcoin/ crypto at large is incompatible which is the reason why some government legalized bitcoin while some detest the idea, so there's possibility of some government creating decentralized coin in the future.
Meanwhile, they are not all into crypto to maximize their power or tax things and never forgot IMF boss advise them to have positive impression towards crypto.

In China, there are already proposals to ban all cryptocurrencies after the digital yuan is released. Although this is a private opinion of the official, but in China there have already been such proposals to ban ICO and cryptocurrency turnover. All this will be done to ensure that only one government-controlled digital national currency remains in the country.
This isn't impossible for china to control over their economy, and with their own cryptocurrency their government think that it would protect their country's financial stability. The reasons is very tight for their authority on banning ico and other cryptocurrency promotion because it's a huge threat of their economy. They're focused only with own currency which made them built a stronger foundation.
635  Economy / Speculation / Re: Here is why the market is still bearish (nothing to do with the Corona virus) on: February 29, 2020, 05:40:40 AM



Simple but powerful chart.

Quite straightforward, the resistance at 10.5k was very well known and it is pretty clear this resistance is too strong now. This 10.5k is the price we needed to break to obtain a higher high and reverse the trend. We have been in this downtrend for about 7 months.
We've been rejected at 10.5k several times, that's why the downtrend is still alive and kicking.

Is the corona virus causing this? Absolutely not. Absolutely not. Every day of the year there will be some types of news, but remember the answers are always in the charts.

By the way, the fear index is at 41 right now which not a high level, that's why there should be more blood soon (watch out for 7.5k first).

The truth is: the chart above shows the trend that has been playing out since December 2017. We have a rejection in June 2019 at 14k. And the last bearish engulfing weekly candle (less than a day ago) clearly confirms the trend.


Congrats to those who bought at 6.5k by the way, very nice profit up to 10.5k. Now 2020 will be very bad for the bulls (very good for the bears). You think the halving will have any effect? Dream on my friends...


I am making the prediction here than 2020 December 31th will see a Bitcoin price under 6k.


I would love to dream on like having profits like of 2017, unfortunately it's not that going to happen this time because of several problems that hinders the growth of crypto economy. If that's what you're featuring this coming December 2020, that would be disgusting for all holders and investors.
People nowadays were bombarded with the news and panic made them worried. The price of bitcoin hasn't recovered yet even though corona virus outbreak hasn't yet happening, first quarter of 2019.
636  Economy / Speculation / Re: Another decline of BTC expected on: February 28, 2020, 11:44:16 PM
It goes 2k up and then 1k down.
It is not that bad yet. Maybe you are just shaking right now. Try to absorb reality first.

I have seen so much panic here in this forum and mostly they end up regretting by selling in just a little dump.
I don't but or sell for now. It is like I am just on the waiting line and trying to watch everyone's decision with popcorns on my hand.  Grin
I don't know what people sell because of what, but it looks like the price is only slightly going down and will make a recovery. so far, the price of bitcoin has reached $ 8500, it has even fallen by around $ 1500 to date. I do not think that the price will return to the level of $ 7000, but if the decline continues, it looks like we start halving at prices below $ 10k.

We don't know what will be the outcome of this ongoing trend, and still it has no definite signs on which this declining value falls. As of the moment upon looking with my blockfolio, binance monitoring showed relative response on recovering price. However, that doesn't mean we have to put our confindence on it because the market might crash on some points which we never wanted to see.
I don't know with other exchanges monitoring, but btc's average cost  is now at $8.7k on my current checking.
637  Economy / Trading Discussion / Re: Why not decentralized exchange..? on: February 28, 2020, 09:14:17 PM
In my opinion decentralized is one of the great reason that people love or apriciate bitcoin. I know there is many things too but its not about that or bitcoin. I am not too much experience able person in crypto world but with all my little experience i understand that people want a good project which is decentralized. But my question is then why we don't accept properly decentralized exchange..?

There is many point that people should trade in decentralized exchange. But what is the problem that every time decentralized exchange failed to stand up..? Was it us who don't show much interest about it or it's the outhority who didn't provide to us properly..? Is there any chance that decentralized exchange will stand up..?  

Please share your thoughts.  

What I believed on decentralized exchange, is that they could stand up if there's a strong bonds between coins community and people who supports different contract. My personal experience with one of them like etherdelta was great and I haven't found any problems during that time. What's making it harder now was due to few transactions happening because of low trading volume for each listed crypto, and there's no progress yet on several eth contract tokens.
638  Economy / Trading Discussion / Re: Cryptocurrency trading with flash loans on: February 28, 2020, 08:26:28 PM
Hello,
Can you please give me more information about cryptocurrency trading with flash loans ?
This is a trading where taking a loan, buying coins, selling coins and returning the loan is
embedded in one transaction. I would like to know few web sites where I can do this type
of trading. Do I need to deposit cryptocurrency to take flash loans ?

Flash loan is still a new service, and it encountered some difficulties in it early stage. I wonder why you want to try it now. It's probably available on Ethereum Defi. I am not sure though if the service is still running after the defi flash loan issue.

This kind of service will not able to sustain longer, since it was very prone of scam and fraud customers who wouldn't provide an honest intentions. Cryptocurrency loan together with trading is riskier compared with other types of services, because they're both potential of becoming compromised in the future.
Most probably, this kind won't stay longer in operation, unless every registered customers provide their individual crypto deposits as collateral.
639  Economy / Economics / Re: Crypto mass adoption achievement on: February 28, 2020, 02:10:32 PM
Yes, all those types of projects are crypto projects.

I think mass adoption will happen by itself without any crypto projects that need to work together. Every project in the crypto will promote their project to the public so people will see and know that there is a crypto project that can be their investment in the long term. If one or more project can get their success, people will see that crypto can give the opportunity for them to make money. They will see that crypto is a new type of investment on the internet, which can be their way of making money besides the other investment type.
This has been into lots of hardship for the past two years and yet there's no development at all. Adoption is indeed a huge factor to make a desired project get into success, but reality never meet what has been expected. Making money always depends on the results, so always take every step as a foundation to create the best strategy which is needed to reach your goals without any hindrance.
640  Economy / Economics / Re: agriculture and bitcoin on: February 28, 2020, 11:33:42 AM
Please teach me how could I use a crypto for developing agriculture in my country?
Do you mean cryptocurrency or blockchain? Cryptocurrency is mainly for the purpose of transaction and investment.
So, if you’re referring to cryptocurrency there isn’t really much that can be done about it apart from investment.

You can create an online platform that will let people in your country to be investing on your farms with cryptocurrency and after the period that was set they will get their money back with the percentage profit. Then apart from that, blockchain can be used in few ways in agriculture like tracing how the agricultural products are being distributed to the consumers. There are lots of ways that blockchain can be useful in agriculture, as for cryptocurrency it’s just investments.

With this protocol of agricultural improvement, we're creating a new wave of process that can speed up the transaction of agriculture business. Using cryptocurrency or blockchain technology emerging into physical business, the world exportation of perishable good like agricultural products is more efficient compared with traditional payment system.
This will help eliminate the delays and errors of distribution as well as the online payment transaction is concerned because it gives an accurate traceability on each items sold.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 [32] 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 ... 108 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!