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6921  Economy / Trading Discussion / Re: How Does One Trade on Binance from MyEtherWallet? on: January 25, 2018, 04:55:11 PM

Greetings.

If I have my BTC stored in MyEtherWallet, then how do I trade on Binance from this?

Binance always shows your balance of BTC on their exchange, of course, in order to reveal the amount of any other crypto that you are legitimately able to purchase, so how can you do any trading if you have BTC stored in a virtual (or HW) wallet?

Does one have to send a designated amount to binance first?

Thanks very much for any replies.

You seems to be very new in the trading world and i would suggest to first thoroughly learn or watch few videos on how to trade.

BTC is not stored in myetherwallet as the name suggests its an etherium wallet and probably the Number one Ether wallet. You need to transfer the etherium to Binance Ether address and from there you can trade any coin which is listed on binance exchange.

Again i will insist, if you are new in this field start with a low amount and a small exchange like Ccex or cryptopia.
6922  Economy / Gambling / Re: When a Gambler/Player Dies on: January 25, 2018, 04:26:44 PM
I have been thinking of a question but have not got a suitable answer, in case a gambler or player who has big money in his account dies, what happens to his money? If the family eventually get to know he has money in that gambling account, how will they claim it if they dont have a password to the account or email? Does the owner of gambling site have a way of handling that or is it a free money for them to claim? Your response please.
I am referring to gambling sites like: bitsler, primedice, freebitco, cryptogames, etc

Well, even of a gambler dies and has funds in his gambling site, his family still has a chance to recover the funds by giving evidence that the person is no more alive and funds needs to be handed over to the family. (Of course you need a valid proof of person claiming the funds is speaking truth  and has valid proof to be his spouse  Siblings)

This post made me think of a situation of a deceased person who has funds in his desktop wallet and no one has has access to his private key and password. Well in that case the bitcoins are lost forever.

Coming back to OP question again, if on the other hand no one claims the money, the site will eventually get hold of the funds. Maybe they have a policy of account not being used will be fortified and all funds will be credited to the gambling site.
6923  Bitcoin / Legal / Re: How do I avoid tax on crypto on: January 25, 2018, 04:14:34 PM
If I make money on crypto currencies. How do I avoid as much tax as possible?

I’m not familiar with tax laws outside of the United States, but in the US, if you hold your investment for over a year, you will pay long term capital gains rather than short term. This means your taxes will probably be lower if you hold for over a year. Day trading is going to be all short term capital gains and a paperwork headache. I’ve decided to do fewer trades than I did in the past for this reason.


I think every country has tax laws on the certain amount earned by the individuals but the taxable amount and actual amount of taxes varies. People trying to find ways to avoid taxes make government make more strict rules. Whether you earn money from day trading or any other method, the amount which you will withdraw in local fiat will be taxable.



If I make money on crypto currencies. How do I avoid as much tax as possible?

First of all why do we think in negative directions and why we need to save our money by violating the government laws.  Government has made the rules for the benefit of the community and country and we should follow it.
If you make money and your government has certain tax slabs you should pay it , rather than to avoid them.

How good the world would become if everyone pay their taxes honestly but unfortunatly we always look for things which are benefit to ourself and not care about the others.
6924  Bitcoin / Bitcoin Discussion / Re: What is the safe method of transferring bitcoin to cash? on: January 25, 2018, 04:04:34 PM
Is there any secure method to keep or to withdraw the bitcoin to cash? Perhaps any system/programs or pen drive? Please enlighten.

You have asked two things here.

Secure Method to Keep Bitcoins
1- Keep your bitcoin in Hardware Wallet
2- If You use Desktop wallet, keep your private key very secure.
3- Never Keep large amount of bitcoins in online wallet as it is always risky with no control on private key.

Withdraw Bitcoin to Cash
1- Use LocalBitcoins site as it is very much trusted site and has a built in escrow system in it for safe trades.
2- Face to face bitcoin transfer with anyone in your area willing to buy bitcoins although its difficult to find one.
6925  Economy / Gambling discussion / Re: Shyness in gambling on: January 25, 2018, 12:33:53 PM
Have you ever felt that you didn't play just because you were shy? I have felt this in casinos, and I just felt the pressure, but there's no need to be because everyone just minds their own business in gambling. Probably some people even pushed you to start gambling. I just thought about this because when I tried gambling for the first time in casinos, I don't know if it's okay to sit in tables whether the game is blackjack, poker, anything in the casino just so that I just felt shy because I'm a newbie.

Have you felt this way? I don't know if playing online casinos would have that effect also. What do you think?

Well, I don't feel shy to play on online casino, it is becasue i am playing gambling but my family and other people don't know about it, that's why i don't feel shy. But i feel shyness if i will go to any real casino, firstly i think we should need confidence in ourself to start bet face to face in real casino. But i have no experience of it and i don't want to go in real casino, because i have a lot of pressure of my family don't go there, then i have only choice to play on online bitcoin casinos.
6926  Economy / Gambling discussion / Re: Bitcoin casino. Have anyone played them? Are they trustable? on: January 25, 2018, 06:19:42 AM
I have tried 3 different bitcoin casinos and so far none of them is a scam pr ponzi site so I think majority of bitcoin casinos are trustable though they are really some scam that offer higher prizes to encourage players but I think with proper assessment of the site and asking review from some active gamblers you can get to choose those legit one.


Actually majority bitcoin casinos are trustable and their repute are also good, only few casinos are here that they are not dealing in a good way. But in my whole gambling experience i played with very good gambling casinos, becasue firstly i see the history of the casino then i started to play with it. So firstly if anyone review about the gambling casino, then he could judge it is scam or not.   
6927  Economy / Gambling discussion / Re: how long you can stay without gambling? on: January 25, 2018, 05:55:18 AM
Some of the gamblers are addicted so much to these casino games so they can't stay without playing even a single day.

I can stop completely without gambling and can control myself.

How about you and how long you can control yourself for not playing these games?

Exactly, some of the gamblers have been addicted and they can't stay away from gambling, it is a big problem for them. I can't judge they will stay away from it, because they play gambling as a addiction, and for me addiction is like a disease, Addicted gambler can't leave it without any cure and treatment.
But if you ask about me, i am a gambler but not an addicted. I handle gambling like a professional and have full control over my emotions.
6928  Economy / Marketplace / Re: I'm going to buy some bitcoins on: January 21, 2018, 01:28:24 PM
I'll buy some coins, My idea Prices may increase in 2018...Want to know your opinion, I do not think there will be a loss..My previous purchase was something Their prices are much lower now

Now the price is much lower. Buying bitcoin is always good for long term.
Hold it for long term is more suggested if you start holding bitcoin

Exactly, it is a good time to buy bitcoin for buyers. Since December bitcoin has low price and always buy coin in a low price then it give us profit. That's why i agree on it if he buy bitcoin in this time then it is good for gain profit in future, becasue i am confirmed that after 2 or 3 months bitcoin would be grow and that will be a time to gain profit from bitcoin.
6929  Economy / Marketplace / Re: How to sell my house? on: January 19, 2018, 10:35:47 AM
I decided to try selling my house for bitcoin or some other cryptos..I am located in Italy. What's the best and secure way to do this? Thank you all!!

Firstly i will advice you, don't sell your house, use your other way to buy the bitcoin or other crypto. In my view, house is more valuable thing than bitcoin, house is family place and bitcoin is different thing. But it is you choice whatever you do with your things.
6930  Economy / Marketplace / Re: Earn 5000 satoshis per day on: January 19, 2018, 10:30:40 AM
I can't imagine that you are talking about only 5000 satoshi and in this forum. You know least rank could earn more than it in this forum, So better to join the signature campaigns and earn from it. In my view, As you said it is total time wasting and it is only suitable for newbie, otherwise i am not agree with you. 
6931  Economy / Marketplace / Re: bitcoin price from 20$ down to 13$. What do you think about this decline? on: January 19, 2018, 10:23:57 AM
It is happened becasue in December of 2017 people were celebrating Christmas and happy new year, that's why people convert bitcoin into their currency and i think so it was a reason for bitcoin price down. Otherwise now bitcoin has turn to going to up and in March i hope so bitcoin definitely come up and it will give us good price. 
6932  Bitcoin / Bitcoin Discussion / Re: Indonesia bans Bitcoin on: January 19, 2018, 10:00:55 AM
I still dont get how countries can straight up ban bitcoin lol. I mean all it requires is the fucking internet. All these governments are just scared shitless about people cashing out and hurting the national treasury maybe

I also have no correct information about it , but recently when South Korea announced to ban the bitcoin in his country, but also recently South Korea announced they are not doing it, but this incident effect on bitcoin price and bitcoin price was suddenly down, but again bitcoin is going to up. So let see it is true news or not about Indonesia bans bitcoin.
6933  Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house on: January 19, 2018, 09:30:46 AM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

You are taking very big risk to sell your house, I am surprised to see you. I suggest you don' t do it, you are already businessman then you could earn more money to use little capital. So use your extra saving in bitcoin and don't sell your house, House is one and only precious thing and we can't make own house everyday but we could manage our expenses, manage our expenses and buy bitcoin slowly slowly.  
6934  Bitcoin / Bitcoin Discussion / Re: What to do with the people who don't like Bitcoin? on: January 19, 2018, 09:13:38 AM
I think the main reason why there are people who don't like Bitcoin is because of lack of knowledge about it. Best way to do is to explain it to them in order for them to know the process. We all know that it is not easy to work or do the job if you don't have any idea about it right?

Yeah, it is the first reason that majority of the people have no correct information about bitcoin and that's why they confused with bitcoin. But i see mostly bankers dislike the bitcoin because bitcoin can disappear the bank in future and i have a experience that i argue with banker about bitcoin discussion and in the end, he also hates me.
6935  Economy / Gambling discussion / Re: Why do we need to gamble? on: January 19, 2018, 08:52:22 AM
life is a gamble..if you will not gamble you will not or you cannot reach your goal of succes just like in business if you will not gamble your money your money just sit in your pocket with out earning a profit ..

Well, life is like a gamble, but it is not realistic thing that if we are not gambler then we can't successful in life. No way, it is not reality, gambling is not a part of life, if we don't play it then our life has no effect. Even if you are not gambler then you could safe your money in your pocket.
But only one thing we miss that we can't get entertainment and excitement without playing gambling. 
6936  Economy / Gambling discussion / Re: Bitcoin casino. Have anyone played them? Are they trustable? on: January 19, 2018, 08:38:36 AM
Hi.

I often play online casinos, but it is pain always to use bank for money deposits and withdraws.


I started to research casino sites and found some articles about bitcoin casinos (for example - http://cryptland.com/best-bitcoin-casinos),
so I have a question - can I trust any of these casinos and does they really pay out Bitcoins. It would be much easier to deposit, withdraw Bitcoins for me.

If anybody has experience with Bitcoin casinos, please let me know.

Thanks

Yeah, of course you could trust on online bitcoin gambling sites. Especially FortuneJack is best and trustable gambling site, you should test it and i rely on it you will satisfied with FortuneJack. Also in this forum you will see a lot of gambling sites and i have played in different sites and these all are good. Hope so you will try and play with bitcoin on online gambling sites.
6937  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: January 19, 2018, 08:31:46 AM
I only use analysis when I play poker and majong, I have to analyze what are my opponents cards and be very careful with my moves. Analysis is a very big help when gambling but its not assurance that you will win no matter how good you analyze.

Very essential to analysis especially playing during poker games. You need to have a analysis and play with the mind and experience to win this games. Its never easy because other person is also an expert and beating the dealer is also not easy.

Analysis is also essential in sports betting, not only in poker, These type of games, we much need to use our analysis without it we couldn't continue our game and couldn't win in it. Actually in sports betting and poker in both games we should use our mind and we use analysis behalf of our experience then we could beat the other person, we couldn't left the game on only luck.
6938  Economy / Gambling discussion / Re: return as soon as possible and win back your losses . on: January 19, 2018, 05:01:15 AM
We all can lose in gambling  and lose our money but shall we stop or try to win back what we lost ?
You need to understand that once you bet that money that money does not belong to you but the casino, so trying to recover your losses is a  huge mistake that only those that have a mistaken way of thinking about gambling have, you lost that money get over it and move on.

Agreed, It is a huge mistake to play again for only recovering the lose. In gambling it is bad habit and in this wise, i never see anyone have recovered his loss, may be only one gambler out of 100, he has successfully recovered his lose. But mostly in these causes to recovering the losses, gamblers feel frustration and not get enjoyment from gambling. So better play gambling out of this frustration.     
6939  Economy / Gambling discussion / Re: Will you still continue? on: January 19, 2018, 04:49:51 AM
Well,In case of it, if i have little money then sure i will stop playing. But i have spend many years in gambling and still i am happy with it, even most of the time i have big lost in gambling. But i continue it the reason i have enough money and i could afford it, that's why i am not worried. But still i never take big risk, that's why gambling not disturbing me. But i suggest you if you have little money then you should stop.
6940  Economy / Gambling discussion / Re: What do you feel when win in gambling? on: January 18, 2018, 05:10:12 AM
Surprice and will be happy when won in gambling. of course
when you get a profit or won. you know that it is a good time to stop playing and enjoy your real life. 

Winning is very expensive thing, i also feel surprise when i win and my winning show me that i am lucky man, that's why i love to win in gambling. Although i agree with you that whenever we win on the spot we should stop playing and enjoy the winning moment. I see mostly gamblers can't feel enjoyment becasue they start to again play and in the end they have loss their winning money and in the end they still feel sad and empty hand. 
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