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6341  Bitcoin / Bitcoin Discussion / Re: Stop chasing the "next" bitcoin on: May 19, 2019, 06:11:53 AM
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But we have nay-sayers like in any successful project. People are there to call it bad when and where they can using whatever logic they can think of even if that logic is flawed one. Alt coiners are the one group of people who tend to call bitcoin bad but again forget who their forerunners are and whom they are piggybacking on.

Then we have no-coiners who have been fed with the capitalistic mode of economy. All these things are a part of life and we have to live with the same. Better not to waste time on them but focus on your own trading skills and how to increase your stock.

Stop promoting bitcoin named altcoins please. The original bitcoin is the OG.
6342  Economy / Gambling discussion / Re: The longer you play poker the better you become ? on: May 19, 2019, 06:08:22 AM
It needs much practice to become a strategic player in such a strategic poker game only then you will have strong chances of winning games or at least you can minimize your loss. You can also limit your bets and the strategies which you need to apply in poker will increase your winning chances. My suggestion not to start poker gambling directly but you should practice and practice before starting.
Dude, poker is not everyone's cup of tea. We got professional poker players who make money by doing it like its their only thing in life. The we got fuckbois trying to become rich by shuffling their shiny card. Its not something that everyone can do and not everyone can become a pro at it. It needs skill and dedication which is lacking in majority of wannabes.

If somebody is willing to become a pro in poker then they need to assess their talent. Poker big time winners have talent to outwit opponents and not just strategy.
6343  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not intended to be a stock. Blockchain has nothing to do with price on: May 18, 2019, 02:00:29 PM
You are right bitcoin can never be a fraud and the only value it has is with the individuals in the market and this individuals some time manipulate the market and turn it what ever way they like. The big bag holders inject huge amount into the market to influence the market to they own advantage.
The fraud in bitcoin is the same as fraud in fiat. People use the term in a different way. Before bitcoin was being used, fiat was used to fraud people. The methods remain same but the mode just changes with time. Now people are being fooled by the same method  but a different mode that is bitcoin. Same old scare tactics or phishing tactics to scam people like we always see.

Talking about price manipulation though, we cannot do anything about that since the market is not regulated by anybody. While trading should be done cautiously, still losses are possible and those are market risks - that you agreed to before you started trading.
6344  Economy / Gambling discussion / Re: Gambling.. way to loss on: May 18, 2019, 01:52:58 PM
It hard to get the point you are trying to put forward but if you are talking about insufficient betting information in gambling site's then you may be right not all gaming site make public how much was use to place bet but will always published the winning amount. That is  wrong and need to change.
The casinos do that in order to entice the players and the gamblers love it too. They lose their money while gambling and now they are sad and frustrated because their inner dream of making money went down.

So they get enraged and become defiant and stubborn to win back everything but not look back at the logic. While most gamblers are mentally not stable at this point, because those who are, they stop gambling; most end up rage betting and losing all.

There is no point in calling the publishing of bet amounts as bad or unethical, its a free market here. Nobody to regulate it.
6345  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 18, 2019, 01:47:59 PM
There could be investor like Warren Buffet only in USA in this time in history who has long position on Country's economy for so long time. If he would invest in any other country he didn't get scores like in USA.
If you are pointing towards to American biased method of propagating information then I would agree, but it is also true that majority of big time traders dont reveal themselves. Buffet was no different. He didnt show himself when he was making profit. Instead he sold his public image out when he was done profiting and wanted to make people come into a social following for himself.

Obviously he has his own method of gains through it. Anyway this is less important for bitcoin unless if you feel that Buffet is trading on bitcoin, which is possible.
6346  Economy / Trading Discussion / Re: small gains but cant make it big on: May 18, 2019, 01:44:54 PM
50% weekly for making profit on your funds is very big for me because it also depends on your funds how much you will deposit to trade. Its better to earn even small money than loss for it.
I wonder how much you have actually traded yourself. 50% gains are not common in everyday trading. This can be evident if you checked price charts on any site like coinmarketcap and did your own analysis instead of listening to what others say. Definitely a 30% or more gain is an imminent times to sell and book some profit because the crash or a correction would be coming pretty soon and you never want to be selling at the bottom of it, or miss out the opportunity.

However some people have different methods of trading and thats where differences in opinions arise.
6347  Economy / Trading Discussion / Re: Bull or bull trap on: May 17, 2019, 04:01:04 AM
Its a small correction and the price is still coming back to $8k level, so there’s no need to panic. Don’t sell if this is your emotion, sell if its your target price. I still see a bull trend and not a bull trap anymore, we can have lots of profit if we do wait and hold.
There was a big drop that happened today more than 10% price change in the the prices of all coins. I am guessing this was the the correction that was supposed to happen after this bull trend. It was evident that the market was getting inflated by manipulation means or just something that we are not aware of yet, but a drop was coming.

If the growth was organic then the bulls should push back the bears and recover.
6348  Economy / Economics / Re: Big risk ,big results. on: May 17, 2019, 03:57:02 AM
You are right If you have to take a big risk, you will get a lot of profit. You can take this issue very normally, Bitcoin was worth $6000 a few days ago. But now Bitcoin value exceeds $7900. So if have buy bitcoin with 100btc for per price $6000 then now you can sell and got as big profits.
Its seems easy for you to say so at this point since bitcoin crossed 6k to reach 7k, but it could have gone down as well. Thats the risk associated with crypto and you never know how hard its going to fall. It might seem tempting to  buy at the dropped price since today its a big drop that happened after this bull market, but again you have to careful where to enter.

But even if you do enter at the wrong price there is nothing you can do but hold
6349  Economy / Gambling discussion / Re: What Triggers Gambling Addiction on: May 17, 2019, 03:52:55 AM
] I think most if gamblers wants to earn easy money especially a jackpot, so they always trying to gamble. After that they no longer notice  that they were have already a gambling addiction. The money is always a reason, the why most people are addicted in gambling.
The money is the reason they entered the casino but the greed is what keeps them going and not stopping. Whole groups of addicts are just fed on by their inner hunger of greediness.

They are often those who are willing to defy logic because technically its not possible to beat the house edge if you are continuing to play without stopping after a green streak. But who cares about these logics when drug affected retarded brains start playing a shiny game of slots?
6350  Bitcoin / Bitcoin Discussion / Re: Stop chasing the "next" bitcoin on: May 17, 2019, 03:47:32 AM
I think that the fantasy of people looking for a class of underdog cryptocurrency who made them rich is no more than that a "fantasy" and like you said the best way to avoid get rekt is investing in BTC.
You are right about the fantasy part. Its what every broke newbie trader wants to get in their trial of trading. They dont want to be a professional in trading but just try their hand. So they seek out some guru and they tell the wannabe some cheap shitcoins to buy when the so called advisor dumps their load of shitcoins on the market or even better does an OTC deal with this poor guy.

They tell them that the coin will be huge in future, exactly what that person was willing to hear and so they fall for this trap very easily.
6351  Economy / Economics / Re: What's it like to live on crypto instead of Banks? on: May 16, 2019, 01:06:14 PM
People living with crypto is not possible at this moment, in someway we're dependent on the bank.
We are and we will be till something drastic happens. But note this that even a drastic change wont happen till several years of development. If bitcoin becomes the mode of transactions in future then you can be doubly sure that banks are the first to accept and take up the pro-bitcoin stance. Its highly speculative of what will happen once that becomes the biggest bag of bitcoin.

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Maybe in future this could happen if banks too adopt cryptocurrencies.
You would be too late if you think this in the future. It has already started happening. JP and his crooks are stocking up bitcoin on every dump. You can be sure to see them manipulate the market in future. SO stock up your armory before low prices run out. Grin
6352  Economy / Trading Discussion / Re: Trading for the Inexperienced Traders on: May 16, 2019, 01:03:15 PM
Hey, see that trading is a simple matter.
It is not. Any speculative market is something that needs way more time and determination that what average people of this forum think they need. People here think that they can make money buying some shitcoin and wait till it pumps 100x of its buying price. Thats very rare, like hitting the jackpot.

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Never complicate with various strategies because in the beginning a trader was said to be successful, that is, when the trader was able to sell his coins he was far more expensive than when he bought them.
What is the problem if you dont look into different strategies? It only gives you more ideas on how you can place trades and how you can anlyse the market. Its not always about trading, but also learning how to trade and when not to trade. Not every time is a good time to trade - a false pump happening may attract sellers, but be careful not to fall for such traps.
6353  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not intended to be a stock. Blockchain has nothing to do with price on: May 16, 2019, 12:55:46 PM
Yes it was fundamentally flawed by many people that it was only a scheme of scam ,
Fundamentally called scam by brain dead idiots brainwashed by government propaganda against crypto. They were not even given the time or the proper knowledge to learn about crypto and its usage. Since we as humans tend to call things those are not reachable by us as "bad" - this idea came up and became popular in the internet. What is true was far from it.

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but now look at itself it was totally improved and getting successful and most of the country now was recognizing it for payment method/system and also investing.
In a few countries crypto was made "the" mode of payment but this wasnt the way for bitcoin. Instead they created altcoins for their own country. I do not support this idea because with a altcoin controlling a countries economy a lot of problems can arise.
6354  Economy / Gambling discussion / Re: Did the use of online gambling increase with crypto moneys? on: May 15, 2019, 03:50:52 PM
Although there are no exact stats, I think gambler who already play using fiat has changed their gambling places into online gambling because they can easy to play any games in the online gambling. I think they will like to play in online gambling because they don't have to pass any verification to start to play.
Verification and anonymity is one thing and feasibility of using crypto to deposit is another thing. While there are people who are trying to do shady stuff by offshoring the money through these gambling sites as a temporary wallet, these tainted sources end up being KYCed and they often land up in this forum as "scam accusations".

But every casino has its own terms and conditions for such cases, obviously they will not take any blame from authorities for their players sending in fraudulent funds.
6355  Economy / Trading Discussion / Re: small gains but cant make it big on: May 15, 2019, 03:43:43 PM
I think that not so easily will do plus 30-50 % for a few days. However, with such a situation on the market as it is now, trading promises to be successful. So catch the moment and in any case go to your goal.
30-50% gains in a few days is a huge profit. I am saying this because I havent seen such rises in the market unless some big bullish news sets in and people start to buy into that news. Majority of players tend to look out for such news and buy and this pushes the market up. Bears will bring selling pressure into the market now to make profits. But regular one digit percentage rise and fall is normal.

Still if such rises happen everyday you can understand how high the price will reach gradually and thus is unlikely to happen several times but will happen after a big interval.
6356  Economy / Gambling discussion / Re: Any knows the mathematical formula to winning the lottery? on: May 14, 2019, 03:50:23 PM
The lottery is all about luck, if you win the first price then you will earn life-changing money, but the chance of winning is so small in the lottery that for most people the best they can do is not to buy any lottery tickets.
I agree, you should not buy lottery tickets if you are not willing to accept the loss that they bring. Obviously one person's loss is another person's gain. You cannot hope to win every lottery - in that case what would the casino win? But there are people who actually love to put their money on tickets and they tend to buy them. Its like a hobby for them - they are hoping for that lucky day when they end up buying that lucky ticket.

You need to have unlimited money if all this strategies needs to get worked in your favor . Instead just play and enjoy the game of gambling. But still if any works for your better it is as I have tried and realised that better not to waste money on such things .
Martingale would work theoretically if you have an unlimited bankroll. Fact is that if you had unlimited money - you would not gamble at all. Cheesy
6357  Economy / Economics / Re: Is it a value reserve? on: May 14, 2019, 03:46:55 PM
The volatility makes it hard to consider as a good reserved, unlike gold where most government already recognized its value and even there's certain mobility
Gold is also prone to market volatility and in fact the volatility of gold is much more than bitcoin. Bitcoins volatility is often time dependent - certain trends tend to push up the price like an positive feedback cycle and gold tend to vary between points in a known amplitude. There is a lot of difference between the two and they are not comparable in terms of government reserves.

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it's not that much like how bitcoin did, the sway makes it different as it's give opportunities, maybe after some more years when every government accept this system and recognized it's worth.
You can keep that idea aside. Governments would rarely if ever accept crypto unless they are a failing economy like Venezuela. Rest of the countries dont even care about what happens with crypto unless some big institution in that country comes up with a demand.
6358  Economy / Economics / Re: Why everyone learn from Warren Buffett? on: May 14, 2019, 03:43:32 PM
We can't question people who believe and follow Warren Buffett's philosophy. He's famous and most people idolize him. He is an inspiration but I guess following his footsteps would be hard and we can never achieve the exact achievements that he had if we'll not have the same perseverance as he did.
We still have wall street traders who make up majority of the markets. Crypto is still a very small percentage of all the markets in the world. This is why people who want to trade mostly come from a background of trading stocks and bonds and then precious metals possibly after that they go for crypto. So the good people to learn for would be people like Warren Buffet.

Its not that he is the one who is a god but people tend to idolize someone in order to proceed in life - thats normal.
6359  Bitcoin / Bitcoin Discussion / Re: Will You Advise Newbies To Enter Bitcoin Now? on: May 14, 2019, 03:40:18 PM
The increase in price should not be a reason to start btc trading. Because, thinking that this increment would be continuous, there was plenty of loser. Better yet, begin by understanding what it is, what nature it has.
Beginning of trading should always be with the basics. Here the basics can be knowledge from stock market trading or commodities - at least some idea about how speculative markets works should be there. Complete newbies are going to get scammed easily if they enter crypto. Secondly the rising price is a wrong time to enter. It draws a hype but that is not the proper time to invest in.

Rather the time when prices are going down and remain less active on social media buzz is when you should buy it.
6360  Economy / Gambling discussion / Re: There is always a chance on: May 13, 2019, 02:58:50 PM
If we talk about chance, I am sure that we have so many chances to win in the gambling games. But the problem is we don't know when we can win because to win in the gambling game, we really depend on the luck itself, and I don't think that the luck will always appear in our side. But as the title say, if we are losing this day, we can expect to win in the other days because we have a chance to win.
If you look at this in a way that a gambler is winning a certain bet, what happens to the mindset of that gambler? Do they stop and cashout their money? Or do they become over-confident and rush in to make the next risky bet? 99% times it is the second one. That is the reason why casinos are a flourishing business. Those rest 1% add up to the loss that a casino makes but its pretty small compared to what they earn everyday so its affordable.

Bottom line is that every gambler is responsible with their money. What they do and how they wish to spend it should be their choice. However just one person winning a big bet does not mean anything - that guy got lucky thats all.
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