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6481  Economy / Economics / Re: harmonization of fiat and crypto on: April 07, 2019, 08:24:20 AM
Fiat and crypto will continue to co-exist because they complement each other. The government certainly does not want to lose control in the financial sector but cannot avoid crypto development. Crypto and fiat can collaborate but will not become one, both will remain harmonious and will not kill each other.
I fully agree that crypto and fiat can and probably will in future complement each other. Without fiat I cannot think of anything that can be decided up as a price determinant for crypto. Other than that its only becoming a bagholding scheme for holders and speculation of the price at which they will reach and drooling over that.

In real time how much adoption we are getting and how far merchants are willing to accept bitcoin is still far from anything good. Lets be optimistic about the future and think about new ways to promote crypto among the common folk.
6482  Economy / Gambling discussion / Re: How gambling sites can cheat you on: April 07, 2019, 08:21:24 AM
The feeling of risk is always there everytime you engage in gambling. Aside from the excitement of winning and fear of loosing the game, the fear to be cheated is the most dangerous. That's why we need to be careful in choosing gambling sites. We are sometimes overwhelmed of the possible winning prizes we can get and tend to forget the security we need.
That is why one should always check their reputation on different public forums before putting their money in it. There also comes in the line of casinos who are long standing in the crypto community and have been known to have credited every big win and jackpot yet won. New casinos are coming up everyday but in the excitement of easy money people should do their due diligence. Not having checked this and having lost money after depositing not by gambling but because the site was a scam can be devastating for any player.
6483  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Raising funds for A.I. based trading bots (indevelopment) on: April 06, 2019, 03:16:07 PM
We are a team of five computer scientists and three day traders currently working together to develop professional trading bots for both crypto and forex markets. Our AI project is currently in prototype stage and we are seeking funding from any interest investors.

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As an incentive for investors  to invest in our project. Profits generated from our AI trading bots will be distributed 50/50 between our team and investors in our project.
We are seeking 7,500 ETH to continue development on our project.
If you guys actually develop anything then you wont need funds at all. Kinda misses the point doesnt it? You guys should become millionaires by your super-powerful AI and then you could take over the market cant you? In that case you wont need any funding at all. Grin
About time you kids located the banks in your area. Oh wait you kids dont step out of your mum's basement even once a year.

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This is a very lucrative offer with long-term potential.
No.
6484  Bitcoin / Bitcoin Discussion / Re: I want to buy real estate for bitcoins in the future. on: April 06, 2019, 10:59:25 AM
Here is a link to the list of most cryptocurrency friendly countries in the world https://99bitcoins.com/bitcoin-friendly-countries/, but among them I recommend Malta. Malta is one of the few EU countries which does not impose a property tax. All the best in your relocation plans.
A good suggestion but I would advice others be wary that these rules and regulation regarding tax can change in future and so dont be a person who is not willing to change at all, rather be malleable and make sure to follow taxation rules otherwise you will have to face legal problems. Today Malta may be safe but tomorrow who knows what might happen? Therefore following this line of business is pretty risky and if anybody wants to do the same then they probably would have to pay some bribes to the tax department before doing anything.

Bitcoin money makes sense just how to move to a completely different country to get a real estate and live. For this, there are alternatives that can be used in every country.
What do you mean alternative in every country? Not every country is lenient towards crypto. Are you aware of that?

6485  Economy / Trading Discussion / Re: Day Trading on: April 06, 2019, 10:54:56 AM
Yes, it is, especially if a newbie starts to deal with it. You need to be a very experienced person for day trading. The risk to lose most of your money here is too high. Long-term trading is better.
Do you think anything in life is easy for a newbie? Everything needs experience and trading is no different from that. People who are daily traders have been doing this for years maybe not in crypto but in other markets as well before stepping here. There is no substitute to hard work and doing your own analysis on the market. That was you wont get biased decisions on different coins from paid promoters/shills.

There is always a risk of losing money. Now you have to decide what to do - whether to take the risk or not. Remember that higher the risk more the rewards.
6486  Economy / Economics / Re: Top 10 Reasons Why Bitcoin Is Falling Down on: April 06, 2019, 10:50:49 AM
yes some points really made the Bitcoin falling again and again all the stability will not been considered as the reason so the improvement of cryptocurrency development will be definitely need to avoid this type of problems right now in this situation then only the the next few years will be good for this investment.
I dont understand why people think too much on what the price is at any moment. If you are planning to buy a stack of coins for your bags then its ok but otherwise its just speculating on the price and that is not very fruitful for small to mid-cap traders who are trying to make some quick cash and comprises the majority of this forum's members. We should be more interested in what the adoption and the applications of crypto in problems faced that appear. There are reasons why a price of an asset drops but panicking is not a solution to that.

I think that bitcoin will recover once more people come to crypto and we will see a small grow and that will bring a profit for who buy when the price not was high.
People are coming and people are going. Its all a part of the cycle. It will rise and fall nothing new in that. Wink
6487  Economy / Gambling discussion / Re: Gambling - A Game of Luck or Strategy on: April 06, 2019, 10:45:58 AM
For me, it's 99% luck and 1% strategy you don't need a strategy when you are super lucky, all gambling games are based on luck, not on strategy. A strategy will help you a little bit in a game but being lucky you can win even the chance are 1% and that's how the luck works.
A strategy will only give you a false hope that you are winning the game rather mask the real thing happening that is you are bring greedy for more wins and thus pushing yourself to the point where the red streak starts. There is nothing called strategy in an EV- game where the odds are against the player. Use them in EV+ games and there can make a difference.

Do people really believe that the casino was made by the owners with their hard work and money to be a charity? It is a flourishing business for the owners and not the players only because players tend to push their luck too much.
6488  Economy / Economics / Re: Opinions about the emergence of new Coins on: April 05, 2019, 03:58:57 PM
the development of crypto currencies and other coins of virtual currency depends on the investor itself and in my opinion if many new coins in the crypto currency are interested and investors, of course they will develop
More coins flooding the market does not mean any good thing. There will be competition among the coins about which one can grab a market that is still untouched and being worked by already by a certain team. This can be a healthy competition but majority of the ICO teams dont do anything fruitful or the investors are not willing to wait but want a quick buck out of the deal.

When new coins appear, the more intense competition in the market, the coins that survive are of course those who have a strong and solid team, but they will only attract investors just into it, but do not have a positive influence on the value of Bitcoin.
Not always do they have intensity in their competition. I would rather like to see some working products being developed rather than some promises being made and prices pumped. I prefer to see the long term growth here which I find highly lacking.
6489  Economy / Trading Discussion / Re: Daily trading experience on: April 05, 2019, 03:52:43 PM
1-3% of daily trading profits are not that bad. Discord groups are somewhat helpful but not at all times. If you wish to stand up on your own, learn their basis. What are the technical analysis they are using and how did they come up with that. Learn what they have to become an independent trader.
Let me make it very clear once again. Social media groups which are pumping coins are nothing but pump and dump groups made just to scam those who are willing to make a quick buck. They sell your their entry fee or membership fee and that 100$ gone is the scam done. Next they will make you buy those coins that they are selling and feed you some BS propaganda about that coin going to moon so you buy them. Dont worry they will make you do everything but to become rich. Hence avoid those.

Also you are talking about TA. Who are doing TA dont go for these scammer groups at all.
6490  Economy / Economics / Re: Are You The INTELLIGENT Cryptocurrency Investor? on: April 05, 2019, 03:49:15 PM
Great post and this part of your long post, shows that even really smart people who can understand the market and should have known not to do a re-entry can fail and then have to learn to live with those consequences.
I doubt how much they actually revealed about their money or earnings. Nobody wants to do that because they become targets for robbers and tax evasion problems even if they may not have been having a huge impact in older days. Many times these quotes are just paid up FUD to promote some assets which have zero value in them.

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Knowing when to take profit or cut losses are extremely important when you trade crypto, most altcoins even those in top100 have no real value or purpose, but people still trade them as they have.
People still trade them because they did not find anything to make money on and someone fooled them to buy those shitcoins. Its more like an obligation to trade on them rather than a passion. Cheesy
6491  Economy / Gambling discussion / Re: Perfect Dice experience on: April 05, 2019, 03:46:26 PM
If I had a good experience in the previous game I will definitely choose the same thing in the next time also so I think this will be the comfort zone that we had a good confidence and success in something it will always been came to our self for a long time so I think this will made a person to choose a gambling.
So according to you the importance lies in what you are choosing first and that choice remains in future. But what if some other site is being more generous and giving out more than the one you were using prior to it? Would you then like to change your current gambling site to move to the new one or would you like to stay on the old one? I would say you keep accounts on all of them and use the as and when you feel good for getting the maximum benefit out.

Comfort zone is a good idea, but being practical and economical is also important.
6492  Bitcoin / Bitcoin Discussion / Re: The main reason for the bearish market today on: April 04, 2019, 03:00:53 PM
A lot of changes from the first quarter which some of us thinking that bitcoin will not recovered back again due to the downfall of its price but as you can see from time to time there's still a chance that the market showed us some positive thread and I guess this wont take too long bear market will end up soon.
It seems the bear market has stopped for a few days now and the bulls are pushing it up this week. We crossed 5k and now are going to 6k in my book. Although the first quarter was bearish it does indicate this breakout even if it might be a bulltrap would not be stopped very easily. Today there has been a correcting rally back 4% losses but the gains have been pretty big recently. Not sure about the reason yet but lets hope the bull market will catch up again once the bull complete resting for now.

I have always maintained that the cryptocurrency Market is one which is highly controlled by speculation.
So I'm not surprised that the SEC news  could cause Market downward trend.
It's expected.
Lets get more people resistant against the SEC news. That should be our motive.
6493  Economy / Trading Discussion / Re: small gains but cant make it big on: April 03, 2019, 01:16:46 PM
that is the most unfortunate thing because if a smart trader with small capital can make a big profit. so now we have to be smart in managing small capital to get great results
Thats absurd to think. A person can make a small capital into a huge capital although this would need a lot of luck and they can also lost a large capital easily. This market does not run by your commands. It runs on the demand and supply of coins and the psychology of the traders trading here. If you expect to get monstrous gains in one day then you are mistaken.

But then the amounts you can get in return can be huge here so dont be disheartened by small losses. Try to identify and rectify your mistakes so you dont repeat them and work on your basic knowledge of how the market works. Wink
6494  Economy / Trading Discussion / Re: Is there any reason to day trade anything other than bitcoin? on: April 03, 2019, 01:13:37 PM
When comes to day trade it will need a cute investment and huge profit in quick period of time so it can be given from the Bitcoin only because The Other investment will not be probably a good investment in the day trading option.
What do you mean by "Cute" investment? Grin

I can make out what you mean by huge profit in a quick period of time - but honestly this does not happen in reality much frequently. Trading is not that simple that you just come in make some quick huge cash and get out safely. It has a lot of hurdles and seems like you are not aware of those yet. You concept of dividing money into long term trading and day trading is good but most people perfer to do one of the two although its not uncommon to get both.
6495  Economy / Economics / Re: How much important bitcoin for entrepreneurs? on: April 03, 2019, 01:09:33 PM
i think cryptocurrency is a great revolution for this world. And you're right! cryptomoney makes payment very comfortable, and this for freelancer jobs good way.. This is the best for those doing business on the internet Smiley
There are very few freelancing platforms based on bitcoin payments. We hope to see more as it will be one mode of increasing the usage and adoption of bitcoin. Then again only a niche population will be inclined to these jobs because majority of people who have been working on freelance sites prefer to stay on that site.

Moreover if you are going for some hardcore freelancing you would need to compromise with your identity somewhere for verification. Now a bitcoin user would definitely want to stay anonymous more than anything.
6496  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: April 03, 2019, 01:06:26 PM
Addiction in gambling happens when the user expects big earning in a short time period with small investment.
The addictive potential is the hope that makes us think that we can make big wins. Added on top are the tempting advertisements of jackpots and big wins. We all have an inner child who is devoid of logic and reasoning and it gets stimulated by these things making us play that game more. If anybody who is a gambler would have used their logic properly they would have stopped gambling. Smiley

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This happens with bitcoin, but the same won't be successful everytime. This way I too have spend expecting big return and the end result will be loss. With gambling loss can't be minimized as like we do with trading, with this it is always good to spend wisely.
Trading also has risks involved. Nothing that we see here is devoid of risk. What you need to do is associate yourself with those things that you are comfortable with. Try different types of trading but dont go for binary options because that is again nothing more than gambling.
6497  Bitcoin / Bitcoin Discussion / Re: Bitcoin Revival is On The Way - According to a trader on: April 02, 2019, 03:29:53 PM
Bitcoin does not need to be revived because the crypto market place is highly unstable which affects the value of the cryptocurrency. Only market forces really affect bitcoin and when there is a wide acceptance the better for us
The irony is that bitcoin has already died several times. No wonder this has become a joke now that bitcoin is dead along with an adjective such as "officially, truly" and so on. The fact is that a speculative market price of an asset can rise and fall as per trading going on. Nobody can say that it is dead if it remains at low price for a certain period of time.

People are speculating on the price, buying and selling as they keep on doing it. There will always be ups and downs and today the market is showing 15% gains on bitcoin. How far that will go is again speculation. There will be a drop soon so be prepared for that.
6498  Economy / Gambling discussion / Re: Online Gambling Versus Traditional Gambling on: April 02, 2019, 03:27:07 PM
The difference is on online gambling you don't need to go to the casino or gambling place to gamble, you can gambling with your pc,laptop or even on your phone.

Traditional gambling, you need to go to the place first like casino on macau or las vegas or other gambling place around your place to gamble.
Again its a question of personal choice. Some people just prefer to spend some time with friends and with cash in their hands at young age to spend on drinks and gambling and so on. They would always prefer the brick and mortar casinos of Las Vegas and defenitely not go for the online ones because they are in it for the ambiance and the feel.

Those who were exposed to gambling in the first place tend to remain in that mode for most of the time. Imagine telling a regular casino-goer to play from their computer - you would be getting a "Hell no" response. Not to mention this is also a reason why trolls and kids along with cashgrab beggar always flock the online casinos and not the offline ones. Grin
6499  Economy / Trading Discussion / Re: How to survive on: April 02, 2019, 03:22:42 PM
Hold the altcoins you believe in long term.
Shitcoins giving you "interest" in the long term? Grin Bagholding is good my friend, but dont forget that the koolaid propaganda is another smoke and mirrors to make sure your money does not remain in your pocket. The faster you take back your money by dumping them the better. But who cares really?

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Hold your bitcoins if you are not an experienced trader and make investments into security tokens that are backed by an underlying asset.
Just hold your bitcoins and buy more bitcoins as and when you have money in hands. Those security tokens are just another form of ICO tokens that were initially "non-security" tokens. Just another name to fool you in parting with your money.

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Mining is not profitable atm at least in my region so I'm not doing that anymore.
Current mining situation is not good for indie miners in unfavorable weather conditions and bearish market. But stocking up for future is good.
6500  Economy / Economics / Re: harmonization of fiat and crypto on: April 02, 2019, 03:18:55 PM
Paper money in the future will not be. Each state will have their own crypto money. Which they can control.
I would agree with your first point but not with the second one. Every country making their own crypto currency is nothing different from every country printing their own currency for payments. What would be the difference between some USD and a digital USD if that is being phased in? Literally nothing and the problems with inflation and bribery will continue on a large scale. Bitcoin is something different from this approach of digitalizing money. Its about a system where the consensus does not depend on a central mode by is decentralized. You should go through Satoshi's whitepaper properly.

if the state and government have legalized the crypto currency as the prevailing currency, I think that cooperation or the government adopting the economic system used by crypto currencies is likely that the economy will progress very rapidly
They may or may not. A government adoption also means that the usage of that crypto will now be strictly regulated.
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