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7361  Bitcoin / Bitcoin Discussion / Re: I am a loser. My only question now is, how do I tell my wife on: December 09, 2018, 03:36:40 AM
I mortgaged my house to buy $300,000 of ETH at 800.   I dod not tell her.   This house was paid off in full.  Now I cant make the mortgage payments with my job.  I cant even sell the ETH easily because I live in NH.   Should i keep holding?   Tired of making excuses about wherr all the money is going.   I guess I'm what you call a loser.   Thanks everyone.

OK.. You need to stand up and face the challenges courageously. Let bygones be bygones. You can't reverse what you have done. And there is no point in running away. Just be a man and tell everything to your wife.
7362  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 09, 2018, 03:31:00 AM
India were 151/3 on 3rd day taking 166 runs lead if the weather is good then If india bats well and take lead of 300+ will be a very good target to defend and win it. As rain was their so i think their should be some spin in the pitch which will be crucial first quarter match if India wont lose wickets then it will be very good.

The lead has reached 322 runs, and there is no sign of rain.. But at the same time, India were sailing through at 303/6, and then suddenly they slumped to 303/9. Lyon has taken 6 wickets till now.
7363  Economy / Gambling discussion / Re: Floyd Mayweather set for New Year's Eve fight in Japan on: December 09, 2018, 03:29:01 AM
Any fight outside Vegas is going to be OK. I have made a decision not to watch any of the fights in Vegas, as the scoring is a disgrace (a perfect example is Gennady Golovkin vs. Canelo Álvarez)
7364  Economy / Trading Discussion / Re: Can I still get wealthy through Bitcoin? on: December 08, 2018, 07:14:22 AM
I can't guarantee you anything, but there is a good chance that after the next block reward halving (due in 2020), there will be a major boost in the exchange rates. So if you want to get wealthy, take the risk and hold on to your coins until then.
7365  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: December 08, 2018, 07:10:52 AM
I first invested in crypto almost one and half years back. I invested my one month salary and the purchase price was around $900 per coin. I sold some of the coins when the prices were around $12,000 per coin.
7366  Economy / Economics / Re: You cannot eat your cake and have it on: December 08, 2018, 07:08:25 AM
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.

The problem is that people will listen to these posts only when the value goes down. And in most cases, it may be too late by then. What needs to be done is to limit the loss by selling the coins at the right time.
7367  Economy / Economics / Re: Will people come back to gold on: December 08, 2018, 07:06:37 AM
I don't see a bright future for gold. In two of the major markets (India and China), the demand for gold has been going down continuously for the past 6-7 years. And the future trends are also negative.
7368  Economy / Economics / Re: ETF rejected on: December 06, 2018, 05:23:22 PM
Never stop trying. At some point, the SEC will be forced to approve one of the ETF applications. As far as I know, they are running out of excuses. The Bitcoin trade within the United States is by and large regulated now.
7369  Alternate cryptocurrencies / Altcoin Discussion / Re: The first risk-free ICO with money back guarantee on: December 06, 2018, 04:59:06 PM
An investment MUST come with some measure of risk. If you guys are saying that the risk is reduced is a different ball gain, but risk-free is out of it. IMO, it just a marketing strategy.

I agree 100%. Even if you invest in so called zero-risk assets (United States treasury bonds, gold bullion coins.etc), there is a certain amount of risk involved in the process. This ICO is not any different.
7370  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will replace ETH! on: December 06, 2018, 04:37:39 PM
I have been hearing all these tall claims about Cardano for the last 12 months or so. But ADA seems to have lost the momentum. It has lost almost 98% of the value and the trade volumes are disappearing.
7371  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: December 02, 2018, 12:12:56 PM
This is ridiculous. The number of Bitcoin ATMs can't be taken as a measurement of the popularity of Bitcoin in a certain country. For example, Bitcoin ATMs are banned in countries such as India and China. That doesn't mean that there are no users in these nations.
7372  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: December 02, 2018, 12:11:48 PM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?

Satoshi didn't invented Bitcoin to remove socio-economic evils from this world. His aim was to create a currency which is outside the control of the central banks. Poverty eradication was not his aim.
7373  Alternate cryptocurrencies / Altcoin Discussion / Re: Best competitors to Ethereum? on: December 01, 2018, 07:20:46 AM
Cardano, EOS and NEO can become the best competitors to Ethereum now, if Ethereum keeps losing value, do not show good movements, i think that Cardano, EOS and NEO can overtake Ethereum oneday in the future.

If you check the charts, then you will find that the coins that you have listed have crashed even more than ETH. Cardano has lost more than 98% of its value from the peak price. That's why I think that Stellar Lumens has the capability to offer competition to ETH. It hasn't fallen that much.
7374  Alternate cryptocurrencies / Altcoin Discussion / Re: How does a cryptocurrency gain followers? on: December 01, 2018, 07:17:32 AM
In other words, what makes you decide to follow a project?

There are a lot of options available such as airdrops, bounty campaigns.etc. I myself was a part of the Deep Onion airdrop and I received around $10,000 worth of coins in a period of around 4 months. But after the airdrops were completed, the prices crashed by more than 95%.
7375  Economy / Gambling discussion / Re: Cricket match prediction discussions on: December 01, 2018, 07:15:37 AM
2nd Test between Bangla vs WI have started and Bangladesh won the toss and elected to bat. AT the end of days play they are in a strong position with 259/5. If they can reach anywhere 375+ will be a good score as they would be able to get WI out within 300 or less runs and will have have some lead in first inning to put pressure back on WI.

Right now they are at 428/8. Remember that Bangladesh had won the first test by 64 runs. This is the second test and as of now it looks like WI may not be able to win it. It may be either a victory for the BAN or a draw. That means that the test series is won by Bangladesh.
7376  Economy / Gambling discussion / Re: UFC Fight Night 141: Blaydes vs Ngannou 2 Prediction and Info Thread on: December 01, 2018, 07:13:10 AM
Keep in mind that they are fighters not entertainers. Their main focus or goal is to win and not to please the crowd. If they knocked out the other fighter then they get the job done. Even if I am on their shoes, why wait until the 3rd round to knock my opponent down if I can do it now. just 1 lucky punch from anyone can change the entire story of this fight so why take chances just to entertain the crowd. It's UFC not WWE.

They may be fighters but the entertainment factor is forced upon them by the UFC management. Remember UFC 229? There was a lot of action outside the cage, as Dana White played a lot of dirty tricks to keep the fight in the media headlines. Everything staged.
7377  Bitcoin / Bitcoin Discussion / Re: Its Bitcoin a good way to save money for our kids? on: November 29, 2018, 07:13:25 PM
If you are planning for an investment which lasts 15 or 20 years, then you should go for a stable asset, right? Treasury bonds or bullion may be suitable for that purpose. A volatile asset such as Bitcoin is ill suited for this.
7378  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become the reserve currency of the world? on: November 29, 2018, 07:11:49 PM
There is only one reserve currency in the world and that is gold. This has been the case for the past hundreds (or even thousands) of years. A relatively new entrant like Bitcoin has no chance in breaking this monopoly.
7379  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 29, 2018, 07:10:09 PM
Everyone here going ballistic over Yasir Shah's performance. I am not taking anything away from his performance. But the problem for Pakistan is that their spinners perform poorly while playing in non-Asian grounds.
7380  Economy / Gambling discussion / Re: UFC Fight Night 141: Blaydes vs Ngannou 2 Prediction and Info Thread on: November 29, 2018, 07:06:41 PM
After Ngannou's latest performance, Dana White was extremely pissed off at how both guys basically didn't throw a single punch for the duration of the fight. It must have been the most boring fight ever. Very disappointing to see Ngannou basically on shock that night, unable to get anything done.

Win draw or lose, if Ngannou isn't able to put on a good show tonight and delivers another snorefest, I think Dana White is going to fire him and give up on him being a HW prospect.

Well.. I wouldn't say that it was boring, but at the same time I would not say that it was the best UFC match that I ever watched. Francis Ngannou deserved the victory... but he didn't looked like he is 100% fit.
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