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721  Economy / Gambling discussion / Re: Will you still continue? on: March 06, 2018, 05:09:18 PM
I think that should be a lesson for you. Gambling brings no good and you should not let yourself lose everything you have before leaving.
As an advice, stop as soon as possible and try saving your money or invest it in a small business. Though your profits will be slow and not that big, at least you can actually record everything, you can have a sure profits in time and I guess a good business will be for long-term.
The only reason why a lot of people lose so much in gambling is because they always end up expecting too much and that is where there problem starts from.

They see gambling as a form of getting rich overnight gradually with the little they have started with and when they keep losing, they keep funding to keep seeing if they can still have a chance to gain more without any form of control whatsoever. Everyone should always have limit and restriction to what they can gamble and that is the only way to always stay safe.
722  Alternate cryptocurrencies / Altcoin Discussion / Re: Charlie Lee is moving from Litecoin to NANO on: March 06, 2018, 03:01:52 PM
Very exciting times for the NANO community, the Litecoin community is not happy to say the least lol
Really exciting times, now I can see why NANO has been having a pretty good time since the break out. I am actually must have been one lucky chap to have held some of it in binance. It is a good project and I have been hearing so much about it recently. It is good Charlie Lee really showed his respect for the coin as well as support, and I really would not have thought of that considering how the market has been placing NANO and LTC comparison.
723  Alternate cryptocurrencies / Altcoin Discussion / Re: Is MEW Safe to use now? on: March 06, 2018, 02:28:43 PM
I also still trust and use MEW. The main thing is to keep the private key safe, and each time you look at the address string of the wallet that you use, because scammers are everywhere.
Yeah, as long as the private keys are safe, then the OP should discard any worries. MEW has even always been safe for those who are using ledgers to make transactions since you do not have anything to do with your private key on the site, and I am sure if there is anything wrong with MEW itself, by now, someone would have raised a flag. I have done some transactions recently, and I had no problem.
724  Alternate cryptocurrencies / Altcoin Discussion / Re: How would we know which cryptocurrency would be Scam? on: March 03, 2018, 01:35:04 PM
To be honest i actually check all of those you mentioned above but unfortunately i have Still been scammed on the past. that is why i can say that it is really hard to find out if a coin or crypto is a scam. but i now learned my lesson , that is why i didnt invest immediately to an unknown coin even if the specs is good or the supply is low. i now only focus to bitcoin and etherium because im confident that my invested capital wont be wasted.
There is no way you must have checked all of that and you will still be scammed. I have been an ICO investor for a while now and the only time I ever got scammed was the day I decided to drop my principles and just because I fancy the product, and then after the ICO, one thing led to the other and the team bailed out on the project after it got listed on exchange.

There is no way you will confirm if a team is solid, with a lot of past achievement and still get scammed by such team (LinkedIn is always there to know that, but run away if the account is new). I do proper digging on the team, after a little knowledge of the project before even going into the detailed part of the project.
725  Economy / Marketplace / Re: I've made 600k in Crypto - When to call it quits on: March 03, 2018, 12:55:21 PM
Use it to trade, though it is a little risk but try it.
If he really wants to do that, it would be better to use just part of it. That is a lot already and buying some sold out coins that stands to be a good project at the dip and selling them when there is a bull rally or FOMO rush on the coin to catch some profit, is always the best time to always drop them and look for the next target before coming back to that one once it finds a bottom. 600k though is a good amount of money and the OP can decide to set up any business offline which may not even have anything to do with crypto.

Obviously, not everyone would have been able to stand to say they have made so much like that after some couple of years. It is addictive, crypto, success, and so on as you will always want to make more as much as possible, so calling it quit, is one thing I doubt if anyone will ever do. For that kind of money for someone like me, I am just starting as I have not even reached any stage.
726  Economy / Economics / Re: You missed all the trains, not just bitcoin on: March 03, 2018, 12:23:58 PM
welp. i still believe in a few more trains coming in the next few years Smiley Ark and RLC maybe?
Oh yeah, the trains are never done, they always keep coming around to pick those who missed the first journey. We cannot always board the train at the same time, so we only just have to wait for our own time. Every market that the OP thought was missed has one way or the other been able to find a way to come back down to find a bottom even though not as huge as the first one, but that is a sign that there is more room for those joining now.

There are always opportunities in crypto but also in real worlds. But it's easier to say that you miss the train that to have the courage to invest in something you believe (but with the risk of losing a lot)
Controversially now a days there are no big differences on where are getting opportunities. As per known fact, always high risky thing will be highly rewarding and crypto world is still in its early stage, no one can be sure there will be another train yet to come exclusively for them.
727  Economy / Economics / Re: Banks admit they fear BTC on: March 03, 2018, 11:19:43 AM
Bitcoin's Double Spend Problem allows Bitcoin to be sent directly from one person to another without using any third party like banks. This game changing Bitcoin makes banks fear that they could not exist. In this scenario banks are slowly, indirectly and purposely adopting themselves to crypto currency, example of that is Ripple.

Banks are trying to force the governments to ban Bitcoin in their jurisdiction because of the fear that they cannot steal money from people by way of charges and fees. But they can do that interim and Bitcoin will survive after all negative huddle.

Bitcoin is a transformation of paper currency to digital or crypto. Denying such a potential is equal to denying the reality of globalization.

Well said. Banks not only fear about Bitcoin, banks are trying to stop the growth and potential of Bitcoin by spreading negative news all over the world and creating a wrong opinion among people. Bitcoin will never ever slow down or stop because of the negative hype created by banks.
Well, they can keep trying. Is it not obvious already they cannot win this fight? Gone are those days when some banks would be busy uttering nonsense and then thinking a lot of people would fall for their trash. Let's face it, this is the digital age and evolution is here, they should better live with it and move on. They should really be scared and I am not surprised anyway. I would be, if I am part of the banking system.

A time will come when they will be begging for us who are smart enough to come save in the bank. It is a good thing knowing that the cryptocurrency space is developing a lot, and the fact that the system is being regulated gives the bank more to fear knowing that this has come to stay, which is why I have always said there is more advantage to regulation of the cryptocurrency space than the disadvantage.
728  Other / Meta / Re: Limited Sendable Merit is the problem. on: March 03, 2018, 08:39:03 AM
The problem in this merit system is the merit count that you can send to others is very limited ( specially when you have a low rank account when the time merit system invented ). What if Sir theymos update this kind of merit system, atleast adding 1 merit everyday (sendable merit). Like my rank, I sent my merit to someone worth it, that's why I don't have smerit even I see a quality post while browsing here in bitcointalk.org.

What do you think?
I understand you consider your lack of smerit a problem for yourself, but for the forum as a whole, it's actually a good thing; the merit system is working as intended. Sendable merit is intentionally scarce; it if was awarded to everyone, spammers would also have it, so they would be able to merit each other's garbage posts and we would be back where we started.

Maybe you can view your lack of smerit as an incentive to write really good posts so that you'll earn merit going forward? You can also apply to become a merit source (https://bitcointalk.org/index.php?topic=2818350.msg28856522#msg28856522), although that requires that you're a 'somewhat established member'.
Thanks for giving me some link to know about the merit system, this is helpful to me. Just want to create a little idea to those who has hard time to get the smerit. Good luck to us folks, maybe the next day is better than this one. Challenge accepted.
Good you have been able to realize the reason why the merit system was created and why everyone has their share of smerit they can give out. If that is not done, the same way ranking up due to activity alone was abused with a lot of alt accounts dropping shit posts to level up, which is the same way the merit system will be abused. Anyone who wants to give out smerit, should just manage the little ones available to them.

Basically if sendable merits is not like that, then it would definitely be abused by a lot of people in the long run. So, it is best to leave the send able merit the way it is, while those who are a high trusted member have a load of it to share around. Even with the little send able merit, some are already abusing it by raising their alts, let alone, when it is giving out too much. As long as you are a low rank member, you may just need to worry about ranking up rather than dishing out merit.
729  Economy / Speculation / Re: Samsung Galaxy S9 will be able to clear the Crypto currency. on: March 02, 2018, 06:33:32 PM
Mining cryptocurrencies in smartphones can be done since years, but it has never been really developped, mostly because of devices prices and low performances. I've been always worried about this kind of mining, because mining on a mobile device can be dangerous with the lithium battery which is stressed by heat and abusive plugging time.
We all know what happens to a defective lithium battery : burning or explosion.

I wouldn't try if I would like to keep my device alive a long time
I would not even think about it or try it as well, considering the amount I bought it. These are expensive gadgets and if I want to mine, there are miners specifically made for that, so trying to get the life of my phone screwed up because it gives me the chance to mine, then that is crazy. Unless of course after some years, some who have enough to throw away by taking the risk can come to give their own testimonies, then I MAY consider that.

It is good if they are trying to integrate mining ability into the mobile space, and Samsung has really been doing pretty good trying to stay on top of their game in the smartphone industry. However, like some have said, this would be the biggest mistake anyone would ever make trying to use their phone to mine, and no matter how strong it may be, if that is your sole purpose for buying the phone, then that is not wise spending at all.
730  Economy / Speculation / Re: Experts: Investing in Bitcoin now? on: March 02, 2018, 05:44:17 PM
I think that it would be a great move. The price is going to rise, so the sooner you will buy Bitcoins, the better it will be. Furthermore, if it's long term investment, you win.
It is a really great move. In fact, if I buy now, I would just go to sleep, wake up in few months’ time and come back to check my holdings. One sure way to always buy bitcoin is to target the dips and that is where the main gain is anyway. Every long term investor will always win and the OP can consider what the price was at this time last year and what we have as the dip now, probably that should ring some bell.

You should be happy if you are investing now as this is more like the best time anyone can ever think of investing anyway. It is always a smart move when you buy at dips, and you can consider how smart or lucky you are when you want to compare yourself to those who buy at the top and end up selling at the bottom. One way to always stay ahead of your game is never to fall for FOMOs, and now that you have found yourself in this position of buying at the bottom, then count yourself very lucky.
731  Economy / Marketplace / Re: China calling for a wider ban on Crypto currency trading ? on: March 02, 2018, 04:52:01 PM
Nah, China won’t ban it but you never know with the kind of people they are.
No matter the kind of people they are, banning is something they should already know by now can never be effective, considering the level at which the cryptocurrency market has grown over the years. Apparently, they will notice how the whole nation ends up turning deaf ears to them and they will as well be forced to just regulate it or keep their mouth shut forever. One of it must definitely happen in the long run.

The market has always been independent of most of these things, but some people always let their emotions drive them into letting it have an effect on the market. I would not blame anyone though, since traders are the market makers and they will always expect the market to react to news. However, China does not have any hold on the crypto space, and any news that comes out of there is always full of shit.
732  Economy / Marketplace / Re: Bitcoin Trading! on: March 02, 2018, 01:33:02 PM
Bitcoin trading is good…. And based on what you need to start trading  as a professional, I believe what you need most is the skills. Experience just shows how long you have been doing the trading and skills shows whether you  are talented or not. So I believe having skill first is the bm
As long as it even comes to the aspect of trading, skills is one thing that one cannot do without, as it is extremely important. No one was born as a talented trader, we all had to learn, build experience and get better at it over time and that is what makes a professional trader. I always believe anyone who is ready to learn will always end up fine when it comes to trading in general.

Trading is really a very good thing to always look forward to when it comes to earning pretty good amount of money. If you are ready to learn and you can catch very fast without rushing and being smart, then trading will always be in one's favor. One thing is that bitcoin trading is a little bit complex, but if you can try as much as possible to get used to not allowing your emotions rule you and you can do some risk management, then you will always be fine.
733  Economy / Trading Discussion / Re: Bitconnect Ponzi scheme... on: March 02, 2018, 12:45:31 PM
I think almost investors in ponzi know that it's scam right at the start but they still fell into this trap cause they're too lazy to work for money that why these kind of passive income seem very attractive for them. Beside  after invested in this kind of investment, they often have to pray everyday for it to make it live longer. LOL. I never wasting my money by investing in ponzi.
Is there even anywhere on this forum that bitconnect was discussed and most members of the community did not raise a red flag. However, the thing is, no matter how much you raise a red flag, those who have color blindness will always see green and fall for the go ahead trap, when all indications of something being a ponzi or scam has been shown. Those who have color blindness are those who are just too stubborn or looking for quick bucks.
734  Economy / Trading Discussion / Re: Received an email Bittrex, Inc. Terms of Service on: March 02, 2018, 11:31:27 AM
I heard something about this the other day, somebody was claiming that you would need Bittrex tokens in order to continue trading on the website. As far as I can tell, there isn't such a clause but could somebody confirm or deny this? I don't want to get booted for a silly addition of terms.
There is nothing like that and wherever you heard that from, the person obviously must have dreamt about it. No exchange can force you to hold their trading just because you want to trade, and moreover, it has nothing to do with withdrawal even if that happens at all which does not sound reasonable. Worst case scenario, you move out of the exchange but all that I believe is someone who is just looking for recognition while displaying their high level of ignorance.
735  Economy / Trading Discussion / Re: Addiction? on: March 01, 2018, 06:24:03 PM
I can definitely relate with what you are going through. I think it's perfectly normal that you are preoccupied in your mind with trading thought. As you trade and become experienced, your expectations will be factual, real and stabilized! Just keep trading. If there is any good addiction, trading it is!
I like that! Simple, realistic and straightforward. Usually for traders, there is no point monitoring the charts every minute once you know what you are looking for and waiting to see in the trade. Over time, as the experience and the confidence keeps building up, you get more relaxed when trading and know that in the long run, you will always have the time to enter the market and make the best of the fluctuations.

I am sure every trader feels different. You know sometimes, you may always end up having some pretty fast moves and then you keep wondering how you missed it. I hate that feelings and this is the reason why I have always been watchful when it comes to the market. It is not addiction, it is just being careful not to miss it, but you do not have to make it like every single minute, after all, this is why there are alarms to notify of any movement in the market.
736  Economy / Economics / Re: Is it digital gold? on: March 01, 2018, 04:57:10 PM
Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.

Bitcoin is very similar in many ways to gold. The limited nature of its supply being the most common, this allows them both to in theory function as a store of value. Bitcoin has little intrinsic value as it is not tangible but it has many other benefits in that it's easily transferable at low costs and so is more suited to use as a means of payment.
Highly similar, but since we are referring to digital gold, that sounds reasonable. However, with the fact that it has even outperformed gold in so many ways even makes it more of an interesting digital asset to hold. Except for ornaments and designs, gold can only serve the purpose of it being more a controlled asset to me anyway but with bitcoin, things are even better and being a process of payment which we cannot easily do with gold makes it awesome.

Bitcoin is even more exciting considering that is by far limited in supply. If we are to look at the fact that bitcoin has some huge value due to the solutions it has given and for the fact that you can easily hold your thing without having to worry, with also the fact that it is easily accessible, then that makes it more fantastic than even gold, but if we are to look in the literal sense of it being an asset, then we can equate it to a digital gold.
737  Economy / Economics / Re: Are you thinking about the future? on: March 01, 2018, 03:48:16 PM
Have you ever thought about buying bitcoin for your children as a future investment?
Thats a nice idea. But I join bitcoin so that I can save money for our future and also for the future of my children. Because I know as years pass by all tuition fees will get high. Education is the best gift I can give to my children thats why I dedicate myself and do my best in whatever I do.
All tuition have already increased and most especially when it has to do with some of the top universities one can ever think about and I can imagine how crazier it would get. Most of us have grown to the stage where all we need to do is to make sure we have a good life which at the end is transferable to our kids. Who wants to bring their children to a world where they will have to suffer? Absolutely no one, which is the reason we just have to keep trying our best to make that a reality for them.

Being in the cryptocurrency space itself is really an investment and most times, one can just get to believe that what we are all doing now is to help our kids get the best life in the future. Obviously, no matter what we end up accruing now, we cannot take it to the grave, so in the long run, after giving our kids the best in health, education and life in general, we pass it on. So, we are directly planning for their future.
738  Economy / Economics / Re: What will happen to the banks if people uses cryptocurrencies more than fiat? on: March 01, 2018, 03:18:17 PM
Banks will still be able to survive as citizens will still need a proper and safe place to deposit their fiat cash, but banks might need to reduce their staff strength overall as more customers will transfer money to each other using crypto-currencies instead of going through bank due to the high fees charged by the bank.
In the real sense, yes! Because we cannot expect the whole fiat system to just be wiped out completely and I am sure some people and some set of citizens will always have a need for it.

Even though, in the sense where we have more cryptocurrency users and apparently, for a place where there are lots of learned, it is possible, then we should believe this to be the case where banks will really just have to find some services to render in the cryptocurrency ecosystem as that would drain them completely. Let’s not forget though that the government will want to make sure salaries are pain in fiat.
739  Economy / Gambling discussion / Re: What is your Dice gambling strategy? on: March 01, 2018, 11:15:30 AM
I only play dice and Roulette games and I have owned accounts in couple of sites. After being active a couple of years, my understanding is that even a 1% profit setting holds no guarantee for any player and the longer a player pushes a particular strategy, the more likely the system catches up with the next move. My suggestion is to always set out with a bunch of tested and working strategies and then to always have them randomized.
I am not even sure of any strategy that anyone wants to play that the system will never catch or that has not been fashioned for the system to detect anyway as that is how I have always seen it. However we want to randomize strategies and no matter the game we play, as long as the system has picked you to suffer a huge loss, there is nothing any strategy can do about it. I am talking from experience.

5% a day isn't so bad at all, it's a good strategy if you are gambling everyday and whole day long. But to consider 5% as enough profit you need to have big bankroll so that you can see to it that 5% would be enough for you. You need to have at least 0.05 BTC to have a good return with 5% everyday.
I would rather consider trading and getting those 5% a day which is very possible if you know what you are doing than gambling and expecting 5% a day. Do not get me wrong, I am not against gambling but I am against expecting too much from gambling. 5% as far as I am concerned is too much to even expect. You will be lucky if you even get up to that and if you do not end up getting those 5% losses over and over again.
740  Economy / Gambling discussion / Re: Martingale for win, my own experience on: March 01, 2018, 10:28:47 AM
congratulations you had a good run on your betting that's not going to be all the time in my opinion. If you have experienced the negative part you wouldn't stink of trying it again or probably if you could manage to lose more money then that's okay it's probably that the player is going to take.
No need congratulating him yet. Let him come back in few days’ time and tell us the result of his experience with martingale, and that is when you should congratulate him. If it is not next week, then it should be next month. One way or the other, they all just zap in front of your eyes before you even know it. I am sure those who have had the experiences like me have testified to that already.

Most times with online gambling, it is more or else the system just doing its thing, making you feel so relaxed at some point and then you see yourself hitting those reds in a long period of time. Martingale has been very popular, but however it is, I would rather stick to sport betting than use any martingale strategy for online gambling. I learned the hard way anyway, so anyone is ready to join me on that path.
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