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6301  Alternate cryptocurrencies / Altcoin Discussion / Re: Here’s How Much of Each Major Altcoin Is Owned by Whales on: November 21, 2019, 02:36:38 PM
I respect the journalist effort to put forward a centralization issue and there are shocking results that is even bad as it is without any correction.

Yet, I would like to remind everyone that people could have 100+ different addresses each with equal or uneven number of coins that one guy owns which means we may never know the whales.

Definitely this shows the results of what we know right now and address (which I assume exchanges play a big role) but in the end there could be even more which is scary, this news was to show how much of it was owned, what I am saying is that situation is even worse. I was expecting most of them but really didn't see the ethereum one coming, I thought that was a huge one that people all bought and used for the utility of it and all.
6302  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I think all crypto is scam on: November 21, 2019, 08:14:15 AM
It doesn't make sense to call it "all" tho, some of them are not scam and could totally be used and have utility. I mean simplest answer would be BNB where it is used for trading even if you think bitcoin has no utility (which it does these days but thats fine) so long story short I agree that there are 2000+ coins that makes no sense at all and they just have "you can use this for x purposes" but you also don't have to use it so it becomes futile and useless all of a sudden but in the end there is absolutely no reason to keep blaming the top ones for the failures of the bottom ones.

I have used ethereum for so many stuff in the past 3 years that I forgot it was actually an investment option for a while, I have bunch of memories and fun that I can recall that was all thanks to ethereum.
6303  Alternate cryptocurrencies / Altcoin Discussion / Re: XLM Burn Increased Coin’s Centralization, Argues Charlie Lee on: November 21, 2019, 07:26:33 AM
To be perfectly honest about this subject unless XLM burned down their own currency (the team) that means they actually increased their control for sure.

There are 3 ways of of tokens, one is the team owning it, the other is everyone else, the third is usually not mined or not shared basically staying still waiting to come out and if you burn from that and remove it from the market that means there are less lumens available for people to mine and get and that of course increases the centralization of the team because they will have more of it.

Just because you guys made money from the burn doesn't mean you should support it, and even if you want to support it we all know that in the end you will realize it was a big mistake because teams do turn evil whenever they get richer.
6304  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any mobile games (android/ios) where you can earn crypto while playing? on: November 20, 2019, 05:52:30 PM
Unfortunately, all of the existing ones are horrible in the sense that you will not make a lot of money. There are few that are scams as well you should be careful against them, I heard not so great things about games that allows you to make money but in the end even if it is not a scam it is not really allowing you to make too much money. So, all you gotta do is check which games are legit online and play a few of them and you will realize your time is more valuable to spend then these games where you spend hours everyday and make pennies.

You could literally find online remote jobs that gets you paid a lot better if you are willing to spend hours everyday in front of your pc or mobile and make money, it won't pay you good but will certainly pay better than mobile games.
6305  Economy / Gambling / Re: Bitcasino.io 💜 BTC - ETH - LTC - TRX — Plant your Loyalty points this November on: November 20, 2019, 03:41:50 PM
They have gone down the toilets and have poor management who doesn't understand customers come first. Their promos have been a joke for the past couple of years now.
Well, not every place has to be active all the time and not every place makes the same amount of money the others do. The reality is that when casinos start there are two possibilities, either they are horrible and they die very quickly or they really go into this casino thing all-in themselves and spend as much as they can and even make some debt sometimes to make it happen. So, that second one that works hard to be something actually becomes something big in casino world.

Now, the second one that works hard goes in two different ways as well, either they have a ton of money and keep spending all the time, never stops, even after 10 years they continue to spend money, they just start to make a profit after a while but there are ones (which I assume bitcasino.io falls into) can't spend that much, they work hard and spend a lot for a while but eventually run out of money so they have to stop and try to make a profits.
6306  Economy / Economics / Re: Paypal Drops Pornhub Support, Pornhub Is Now Exploring Cryptocurrency Options on: November 20, 2019, 02:55:32 PM
Honestly just bitcoin would be fine for pornhub if they want to add in crypto currency (I remember they had it, did they remove it?) so there is really no way they could actually not help us get more known. Pornhub is literally the biggest porn website in the whole world and the amount of help they will get from adding crypto is not as big as crypto getting help from pornhub the biggest porn website.

However, there are tons of other methods of payment as well nowadays and people are not really afraid of using their credit cards and what not directly neither so they would probably just go with that, removing paypal from their website won't drop their user numbers that much, at least not that I think, it would affect it a bit but eventually they will grow back and be bigger anyway.

As long as there are humans on earth, there will be people who watch porn, it means porn based business must need a hassle-free payment processors which must be possible only with decentralized things.
6307  Economy / Economics / Re: Asset backed cryptocoins? on: November 20, 2019, 02:18:27 PM
When you have an asset backed crypto currency there is usually centralization involved which is why people dislike it.
I mean it is not really that hard to have a gold backed crypto in theory for example, as long as you have one very trusted company doing it, they could potentially do an ICO and for example they sell 1 ounce of gold for 1 goldcoin or whatever they name it and if you want to buy it you pay whatever the price of 1 ounce of gold is and if you want to sell it you get 1 ounce of gold (or equal dollars) in return and so forth.

Basically all of the mathematics gets stuck at the "what if the company is not a good one" because you can't just trust a company or a person to actually have 1 to 1 backing of those coins in gold and that is why it won't happen (probably).
6308  Economy / Economics / Re: Which countries have banking friendly to companies that get paid in bitcoin? on: November 20, 2019, 12:24:49 PM
USA is the easiest one for sure. Specially Ohio which also gets taxes in crypto form as well so they are literally allowing people to not only do business in crypto but you don't even have to change it to fiat and give it to them, you can make money in crypto and pay crypto taxes which makes things easier.

You can also be a person who lives abroad and somewhere unrelated and you could definitely open a business in Ohio (or even Delaware where its very tiny taxes) so its not a problem at all. I don't know how much you are willing to spend on the procedures of opening a place which would certainly cost a bit but if you can handle the startup cost of it then the rest of it will be super easy for sure. I am just telling this from what I read tho, not my personal experience.
6309  Economy / Economics / Re: World debt and currency reset on: November 19, 2019, 05:58:03 PM
I think the best case scenario would be the the jailing of the huge banks with debts. Now you may think "how can you jail a bank" but the paper work is always there, whoever had their say in getting more and more debt and being in so much risk should be jailed. Do you know how horrible our economic system right now? Even after 2008? Banks are trying to make more and more money while getting it with more and more risks once again like they never learnt anything from 2008.

Well they did learned something, they learned that even when they do horrible stuff they are actually untouchable because government doesn't know what to do and that is why they can lose as much money as possible and if they ever go bankrupt the government will save them. If we jailed all the important figure heads during 2008 that caused it, everyone would have been more careful today.
6310  Economy / Gambling discussion / Re: 2020 NBA Season on: November 19, 2019, 05:23:15 PM
~snip~

The way Giannis Antetokounmpo shoots the ball from the long distance, it looks like its not gonna get in, i mean he is not a natural shooter so even if they keep developing him but its not really good for him, then I think it is just a waste of time.

You can look at the form of his shooting, its awful.

No, it's not gonna be a waste of time. If Giannis will improve his shooting efficiency, he'll become even more of a beast. Big men who can shoot is hard to contest, if you remember Dirk. How much more for Giannis who is an explosive with that height. Shooting form doesn't really matter as long as the player is comfortable with how he shoots the ball. If you remember Shawn Marion, he had a very awful shooting form, but can knock down 3s.
Dude is literally shooting his highest ever shooting attempts from three with 4.3, I know that is not a whole lot compared to "shooters" of the league but that is a lot for Giannis, plus he is also shooting at a below average 32% but at the same time that is literally the highest he had since his first year where he just attempted 1.5 threes per game. So, he does get better, this dude gets better every year easily, not just stats but in game play as well when you watch him whatever shortcomings he has he works on them.

However, I would give the shocking part of NBA so far to Harden who has managed to average 40 ppg since the start of the season. Everyone kept saying how it will be hard for him to mesh with Westbrook and they will have hard time and guys are second seed in west and Harden is averaging 40 ppg so everyone was wrong.
6311  Economy / Gambling / Re: Roobet.com | The Honest Online Casino | Hop In On The Action 🦘 on: November 19, 2019, 04:49:04 PM
This websites goes to show you how much marketing is important in casinos. Many people see casinos that make some money and get famous and everyone thinks maybe they should start a casino as well and they always calculate the cost of building the casino but fail to imagine how much it would be required to spend on marketing.

You can make a website easily, it doesn't take that long for a veteran developer and a designer to build an awesome website, you can spend 10 thousand dollars on building the website and can have a great website, however when we are talking about marketing you can't spend enough ever, whatever number is in your mind double it and you can still spend it, there are endless ways to spend money. You can literally spend millions of dollars and still find some other places to spend for marketing.
6312  Economy / Trading Discussion / Re: Beware! You are not safe if you are using facebook! on: November 19, 2019, 08:25:44 AM
Just recently there was a whole breach in my country as well and they had to pay restitution to cover it up. Now think about it for a second, there are people who have billions of data points of millions of people in my country all because facebook lacks security and what do we get in return?

Nothing, government just punishes facebook with penalty and that money probably goes to crooked politicians in the end anyway so all of our data is stolen and sold to people and we have nothing in return. Facebook, amazon these are all horrible companies that can still continue to do their horrible deeds because they are "technology companies" instead of being real life hand held stuff, if it was a food company they would have been shut down years ago but since it is tech they are let go.
6313  Economy / Trading Discussion / Re: Are you holding Bitcoin? on: November 19, 2019, 06:13:13 AM
Who in the bitcoin world wouldn't hold bitcoin? I mean it is definitely the best currency I have ever seen and anyone who is here just because they want to "make money" is both in the right place and in the very wrong place. Normally, it is the right place because you can get the best currency ever and you will be "making money" in the sense that your bitcoins will always worth more than the dollars because dollar loses its value in inflation but bitcoin will always keep its valuation.

Hence in the end, anyone who doesn't hold bitcoin will be losing money, even if they "profit" if they are not profiting more than the inflation they are basically losing money and remember inflation is ALWAYS faked for it to be low because in real life inflation is MUCH worse than what it is shown to people.
6314  Economy / Trading Discussion / Re: CHART 2016 VS 2019 on: November 18, 2019, 06:09:16 PM
I have always talked about the similarities of the increases before but nobody listens to me. I feel like the 2017 increase in price may actually happen in 2020, sure when 2020 looks similar to 2017 we will know that 2016 will be like 2019 as well because when bitcoin goes up really high it is apparent one year before but we never actually know until it happens because we are afraid. I am not gonna lie I have stashed as much bitcoins as I can in the side, it is above 5k now and I am contributing to it every month because I feel like 2020 will be an amazing year.

So far I even made a small tiny profit because most of my purchases were around 7k levels and I even sold some at 10k levels and bought back so right now I have a profit but I won't sell until late 2020.
6315  Economy / Trading Discussion / Re: Best alternative to Tether? on: November 18, 2019, 05:34:53 PM
Binance USD BUSD
$17.93M
Believe it or not, I still think Binance USD will be the best out of all of them. We are talking about something that Binance is doing and these dudes have been doing everything so amazingly that none of their products have failed so far, that is why I think this one won't end up being horrible neither.

Maybe it won't be the first one and maybe there will be a better one in the end but just because there is one at the top doesn't mean Binance USD will not be used unless Binance decides to stop it themselves. Whatever we end up using in the end as much as possible I just hope it won't be tether, as long as humanity stops using tether and tries to get their money back from them (eventually can't because they don't have enough money) and evidently sue them for it, that's better for me.
6316  Economy / Speculation / Re: Bitcoin Halving Price Prediction $55,000 - $130,000 on: November 18, 2019, 04:03:26 PM
Why do people really make these insane claims without really thinking about what will happen in the next few thousands? Like we are not even at 10 thousand dollars right now and everyone is talking about how the bitcoin price is this and that and so forth and focus on the 6+ month period and more importantly talk about the 50k+ prices and 250k+ prices and all the other weird stuff instead of talking about the prices of when will it be 12k or 15k.

I understand people want to get rich quick and when it reaches 55k to 130k some people will be really rich so everyone wants to talk about that so that people would actually believe it and work for it but the reality is that there are not that many chances of bitcoin not stopping on the way to those prices for a long time, so we should focus on the earlier spikes instead of those insane highs.
6317  Economy / Speculation / Re: Is the halving a catalyst for a Bitcoin price bubble? on: November 18, 2019, 02:21:50 PM
Could it be? Sure. Will it be? We don't know.
The reality is most of the time people knows whats going to happen and shape their positions accordingly way before something happens but when that thing happens depending on what happens things change.

For example, everyone knew about the BAKKT and price changed accordingly way before but when BAKKT happened itself people realized its not as high as they expected so the price fell a lot.

Now, we do have the halving but that doesn't mean what people think will happen gonna happen for sure, maybe people will be disappointed by what happens and they won't buy and the price will fall, maybe exactly what they expect will happen and the price will go up. Without halving happens and people react we will never know what will happen.
6318  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you any new ideas to replace the KYC? on: November 16, 2019, 01:36:45 PM
I think if you want to remove KYC for good you need to have a crypto haven country in the world. Online business models have been working great for Estonia for example, you don't even have to go to Estonia, you just open a business from your own living room, send the needed documents and be done with it, it takes maybe couple of days at most.

Most crypto casinos work with KYC anyway and they should not for example because their licenses are based in curacao, but their HQ could be somewhere else and they ask for KYC for different purposes. Exchanges should not force for any KYC instead of trying to find an alternative. Find a country that doesn't care about the KYC and open a place there and just run it from wherever you want but have your base in that country so you are not forced to ask for KYC.
6319  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the not-so-known ways to generate crypto? on: November 16, 2019, 09:11:59 AM
Everyone talks about blogging, commerce, using referral systems, bounty, campaign signatures, streaming, selling courses, offering their services in gaming, camwhore. But there are other not so known ways to generate/earn cryptos?
Do not have an exceptional view on cryptos, if you have then you might be thinking there is a hidden way. Cryptos are nothing but money and earning cryptos will be possible all the methods we are using for years. I mean to say no special ways required to obtain cryptos. You may earn in big number if you work hard and invest responsibly in huge amount.

One know method for earning millions in cryptos is operating a cryto exchange in friendly manner. But, it requires at least half of the million dollars and up to 20 people to dedicate their all the hours. Simply, there cannot be any less-known method legally but there can be hundreds of illegal ways and I am not ready to discuss on them.

The easiest way to earn in my opinion is by staking pos coins.  That's as close to a source of passive income as you could get. 
Compared to master node coins, I also recommend to go for POS coins for passive income generations. Also, freebitcoin is providing 4% annual interest rate on daily basis. There can be such methods but all are good for passive as most of them are low in earning still good for long term basis.
6320  Alternate cryptocurrencies / Altcoin Discussion / Re: ALTERNATIVES MEANS IN CRYPTOCURRENCY JOBS APART FROM BOUNTIES. on: November 15, 2019, 07:04:00 PM
Well, there is always freelance writing jobs, not that quite common but there are out there. There are of course plenty of developer jobs if you know how to code but there are those jobs in everywhere around the world.

Last but not least, there is crypto.jobs website which you can check and find what you can do, there was a community manager job offer from some big crypto company (I forgot which one, maybe kraken) that was paying 5000 dollars per month for remote work, now of course thats not a HUGE deal in usa, yet even in use 60 thousand dollars is above median income so when you offer that GLOBALLY there was like a 12 thousand applications all around on a website that usually has couple thousand visits per day at most Cheesy. I guess you can check that out.
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