It's a bold move, but at the same time a bit desperate too, launching a national cryptocurrency via an ICO. According to their law page, SOV is non-redeemable, 2.4 million tokens would be initially distributed to the citizens, 6 million to international investors, another 6 million to National /healthcare/climate fund, paying off debts and 50% to an Israel startup, Neema, the brain behind SOV, understandable, with RMI having a mobile penetration rate of 30% and internet with 19% it would cost a lot of money to build an infrastructure around SOV. As far as decentralization, you have a government issued cryptocurrency with a startup having 50% shares, questionable. For obvious reasons, no anonymity and as far as manipulation: SOV is the first fiat currency with anti-money laundering and anti-terrorism properties built in. All transactions on the SOV blockchain are identifiable, but not public.
To send SOV from a wallet, a user must first have an identity token provided by a pre-selected, reputable Know-Your-Customer (KYC) company. This way money always flows between identified accounts.
Once someone converts the coin to fiat money, there will be a face recognition process. This process does not exist at the initial offering stage, as is customary in ICOs. The technique will be using face detection technology to make sure that it is the right person who draws the money.
With a population of around 70,000, it does seem like a good environment to experiment with a national cryptocurrency. Ecuador tried to experiment with their own digital/electronic currency, failed. Let's see if RMI succeeds. https://www.sov.globalhttps://www.budde.com.au/Research/Marshall-Islands-Telecoms-Mobile-and-Broadband-Statistics-and-AnalysesSo what would be the entire supply of such digital currency? 2.4 million tokens would be initially distributed to the citizens which you have stated they do have 70,000 population i dont think it would really be sufficient. The thing i do like i on the allocated 6 million to National /healthcare/climate fund but another 6 million to international investors would really turn out to be skeptical for me. |
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Everyone made a mistake, and I guess your not alone. I did also buy at ATH last january, but hey, market is slowly recovering and I think it will pass ATH if this one will continue. Do not lose hope and do shortings so that you will accumulate more coins each day.
Unless you did not sell the cryptocurrency that you have already bought, there is no any mistakes. Just wait for the times when the coins in your wallet will gain. Right, its not considered to be a mistake as long you are still holding those coins that you had bought on the peak. These kind of circumstances cant really be avoided because its always been part of the nature of coin prices not to be predictable where as a trader or investors pointing it out would really be always a challenge. The issue or thing on here to be worried about is on your emotion on how long would you last to cope up with the stress on seeing your portfolio on negative or deep reds? |
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Ok so Game 2 ended with another win from Golden State Warriors at 122 and Cavs at 103. No need for an over time today. On Game 3 I am guessing that Cavs will be again the one with the lower odds because of the winning streak of GSW but I think playing in the home court of Cavs will give them (Cavs) a better advantage. Why do I have a feeling that a repeat of GSW blowing a 3-1 lead again that happened in the 2016 finals?
GSW won again in Game 2. They dominated the whole game and didn't give the Cavs the chance to lead by many points. Curry made a record too for most 3 pt made in Finals history with 9. Now Game 3 will be at QLA. The Cavs are in the same situation as they are in the ECF against the Celtics. This is a must win game for the Cavs because if they lose here, there is a huge chance that it is over and GSW will win in 5 games. The Cavs will be more dominate because its their home court but lets see on Wednesday how they will play against this Warriors team. Solid Warriors  . That is what I was about to same. Remember they are down 0-2 against the Boston Celtics and they are all relax and even laughing during the post game interview.So we know how capable they are. Also the 1-3 deficit couple of years was still fresh in our memory so I don't count out Cavaliers though. So lets see how Cavaliers will response this time. I know that its a different team and a powerhouse Golden State, but they have shown in Game 1 that they can pull a upset. And it looks like the debacle of the first game was over because they look really focus. However, Golden State was really too much on time and they gave Lebron a hard time. We can see the same situation while they are facing up Celtics and having the same scenario when it regards to the scores and now they are on Cavs HC then they might able to pull it up once again.Theres still hope for cav fans but same as you said this would be an another challenge because celtics and Warriors is really on different tier when it comes to players if they cant still move on on what happened on game 1 they would really derailed into their concentration on pulling out that game 3. |
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At first i was just thinking that it is normal because there are many investors and some of them had sold their bitcoin due to their needs or whatsoever reason they sell their bitcoin though the price for now is not that good for selling. Yet, It has been almost 2 weeks when i saw bitcoin market price moves up and down and i think there must be a big whale doing day trade. What can you say about the falling and rising of bitcoin market price lately?
Well we all know that whales are very powerful, we even speculate that they can move and shake the market with their huge sell ro bull order so its really possible that they are also doing some day trading but I doubt that they are doing though in huge volumes. Whales have shit loads of bitcoin, so for them to day trade is easy, however, maybe in a hundred of bitcoins a day is good to them to make easy money though so I assume that they are not doing it in thousand but perhaps around 50-100 BTC only. Whales is whales and they do really have the capability on shaking up the entire market but when we do talk about which coin they would target of they can easily pump it out specially on altcoins with low volume but since we are talking about day trade about bitcoin then they are really influencing it but the question is about we wont even know on how they do move, active trading is profitable for them yet they do have the capacity since they do have the large funds to move on which is normal for a whale. They do earn big time and lose big time depending on how they do move. |
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The other members of the Cleveland Cavaliers must play! LeBlanc James has scored 50 points. What else can you ask him to do? Those role players need to play in the open three-point Cleveland Cavaliers to win!
Refuel the Cleveland Cavaliers, refueling LeBlanc James!
They are playing as usual but the problem is they are not contributing too much in offense and they are poor in defense too. The Cavs are one of the worst team in defense. They must improve especially the offensive and defensive things in order to win in this series. Love contributed too but not that much and the other players didn't. I can't forget how JR Smith dribble the ball on the half court and saying "I thought we are ahead" after the buzzer sounds.  Some sense should have been knocked into that dude at the end of the game. Even if you were ahead in the game, that doesn’t mean that you should not be scoring as well what kind of mentality is that. Among in this list the recent one would really be historical. Dumbest things made by Smith if you arent awared: https://ftw.usatoday.com/2018/06/jr-smith-7-biggest-blunders-dumb-moments-nba-finals |
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Good luck to that project,but "Eat BCH" sounds like a horrible name for a charity project. They could change it to something more unique.Anyway,the best form of charity would be to teach a poor man phishing,instead of giving him fish.  Yes, I agree. The name sounds scary to me. "Eat BCH", some people will take it in a literal sense. They should not even have mentioned BCH. If you want to feed people, why are you promoting BCH. I am not against feeding poor people, and I really salute their work. On the other hand, this is what people should do. They should help people using the cryptocurrency and as well as showing it to people who do not know it yet. Good luck! Im having the same thoughts or the thing turns out to be an advertisement rather than on the the charity works that have been done.Im not also against it but let the people recognize on whose the one feeding it up those poor people.No need to pronounce or be proud yet any coins specially bitcoin can do such thing too without even the need on making a news. I have Roger Ver and the the site on where the article was posted.  |
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Now BTC is under $8K, do you have any opinions about this issue?
Why bother asking if the price of bitcoin didn't go higher than $8,000 and if it's under $8,000 now then it only means many loves to sell. We think BTC will go uptrend to reach over $10K but it can be now.
Everyone else are positive about bitcoin though we can see it on a bad mood right now. Keep the optimism remain because we may not tell when the good days will come. I do believe that it will. I even expected that it will have a market value of 10000$ lately, but those expectations are shattered because is market value fell. But still, I beleive that it will reach a market price of 8000$ before this year end since its market price is now recovering. There's still enough time for Bitcoin to make it happen. And hoping that things will now go infavor with Bitcoin. That expectation was very low but I can't blame you for thinking that it will happen as the market has been dropping lately. Have you seen the market today? the price moved up so quick and I don't think that the whales will allow us to see it for a longer time. $7,500 is the highest for this day and no wonder if we eventually see bitcoin price goes up again to $8,000 and the next will be the ATH's. Yes, the price is really the highest today is $ 7500. Still, I think that in June the price will reach 10,000. It's just necessary at the moment! For a long time the price has not risen above 9500! Reaching out 10k on this month of june would really be hard to believe yet we can base on current btc price movement its even hard to reach or break out that 8k price how much more on reaching 10k but well anything can happen on next day or month.No one really knows on when whales would decide up to have a bull run but rest assured we can see the potential of bitcoin to rise up its price on future months or years to come.We shouldnt wonder why we are still on this low range on its price. |
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If you wanna play smart, you can invest somewhere and then play with your daily profit, so if you loose, next day you can tray to win. For example, you can play Dice, and if you do not win today, you can win tomorrow. Or even better, you can play on weekends, so your balance can be even larger. And when you win, just withdraw your profit. This is a smart plan. But what do you do when your site investment is actually decreasing day after day when the players are getting lucky? Even though an investment in a site bankroll is usually +EV (=has a positive expectation), you can still have a long losing streak as an investor. If I recall it correctly, the total profit of the dice site Bustadice was negative for nearly 5 months, because a few whales won big and it took a long time until the investors recovered their losses. This should be take into consideration.I do know whats on the mind of OP even though he lose up money on the site on where he do invest but still he do think that he might end up on gaining profits without even thinking other players as well even the house do always end up on winning in the end but not on all times and as you said there would be always a tendency that house have -EV for a particular month which would lead up negative on both sides on your part. |
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A lot of job seeking platforms offer vacancies for writers, you can try to apply for appropriate job postings and get hired. Freelancer, Upwork are rather reliable, but you need to gain some reputacy to be noticed among competitors. You can also send your CV/resume to a writing service like https://bid4papers.com/write-my-essay.html , this type of companies is very popular today and they always need writers ready to work immediately (the salaries can differ depending on a company). If.you really good at writing then you can create a topic on the service section which includes all your skills stated and previous experience if you have and desired amount for the project.And also you can try it on bounties which have translation campaign if your language have appropriate for translation then you can earn some tokens too.
For the sake of reminding people on here. Have you considered on the date on when op posted this thread? This is necroposting and its 2 years already and theres no need to be bumped out. @topic writing skills do really have space on this cryptocurrency market which most of them can be found out on services or bounties section just on this forum. Not mentioning other websites because i do prefer on this place due to salary or payrate compared to other people which is far way more better. |
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I am not yet sure if TA actually works with crypto currencies.
I haven't had any success with pure TA so far. However fundamentals and news seems to do better job at predicting the price of a crypto.
Or Am I doing it wrong? I tried a simple RSI strategy to trade and it didn't workout well.
Should I even bother with technical analysis when it comes to cryptos?
Technical analysis doesnt work anytime with crypto trading which we do all know that this is very an unpreditable market prices can change from time to time at least we expected but i do still see lots of people do make rely on their technical analysis but together with fundamentals. You are not being forced to believe that its working but just stick on the things where you are profitable.If you found out that fundamentals is better then better just rely on it. |
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This is donating for charity or simply crowdfunding,not investing. I don't believe anything anywhere in crypto can ever be considered investing. It's all degrees of speculation. As far as I can tell your only hope with an ICO is selling your token for more than you paid for it to someone else who intends to do the same. There's no other type of return and never will be. That don't smell sustainable to me. Even i do love crypto i can really say that those ICO projects wont really be sustainable for longer runs i dont even think on how investors would make profits for a period of time which we do all know profits would come to those who invested also and the cycle continues without minding too much on the project development or whatsover thats why i dont even see the idea why there are still projects do almost launch their sale on everyday basis.Its too much i guess and its not really necessary. |
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What is your site about? Is this a faucet site? I saw you said that we can earn up to 10,000 satoshi per day which is pretty good amount for current time. For the fast game, you said that it is limited, you should really put X amount to make sure that your balance is enough to cover it. Your games is pretty unique I believe but is there any limit on how is the max bet? I saw you should really put enough balance to cover every single game that you have. Would you mind give the exact balance?
Actually, it's only has a faucet possibility in order to try out the site. If your current balance is under 10 Satoshi - the faucet become available. you can play certain games (crash, slot, double, x50) using free satoshi you get from the faucet. https://btcoon.com/#game/classic - the minimum bet is 10 000 Satoshi / max bet is limited by the max number of items ( chips ) - 15, 1kk Satoshi each = 15kk Satoshi https://btcoon.com/#game/fast - 3 players per game at one time, Bet amount: min 10 000 satoshi/ max 600 000 Satoshi https://btcoon.com/#game/crash - Min: 1 Satoshi // Max: 6 000 000 Satoshi https://btcoon.com/#game/slot - Min: 1 Satoshi https://btcoon.com/#game/double - Min: 1 Satoshi // Max: 6 000 000 Satoshi https://btcoon.com/#game/x50 - - Min: 1 Satoshi // Max: 6 000 000 Satoshi How much is the faucet amount? For all people here to be cleared. It is misleading because it has been said above you can earn up 10k satoshi daily thru faucet but this do simply means you will need to be lucky in able to hit that. 1 satoshi bet is appealing but i have seen only small players are recently playing right now. It's not related to luck at all. A player takes 100-300 satoshi every 15 minutes, but the faucet is available when you have 10 or below satoshi on balance. So the Player has a chance ( small, but still ) to multiply his earning equal to the minimum sum of the withdrawal without BTC deposit. Yeah, I will agree (somehow) about the misleading info: ~10k satoshi turnover through the faucet, per user, daily.  Thanks for the clarification! 100-300 satoshi faucet is common nowadays and trial money is just really for the purpose on trying out the game. 10k satoshi turnover or max for a faucet is just too small. Why have such restriction? The website looks fancy and so does your ASCII art on this thread.However, a lot of titles on your website are misleading like Join the game now and win: s46,100
That's not true.Joining the game doesn't guarantee that he will win that amount so might as well rephrase that line to include 'probability' in between. Giving out assurance to gamblers isnt really appealing or do give boost up on potential players of the site but rather giving out negative impressions. Gambling matters on luck and assurance doesnt exist. |
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What is your site about? Is this a faucet site? I saw you said that we can earn up to 10,000 satoshi per day which is pretty good amount for current time. For the fast game, you said that it is limited, you should really put X amount to make sure that your balance is enough to cover it. Your games is pretty unique I believe but is there any limit on how is the max bet? I saw you should really put enough balance to cover every single game that you have. Would you mind give the exact balance?
Actually, it's only has a faucet possibility in order to try out the site. If your current balance is under 10 Satoshi - the faucet become available. you can play certain games (crash, slot, double, x50) using free satoshi you get from the faucet. https://btcoon.com/#game/classic - the minimum bet is 10 000 Satoshi / max bet is limited by the max number of items ( chips ) - 15, 1kk Satoshi each = 15kk Satoshi https://btcoon.com/#game/fast - 3 players per game at one time, Bet amount: min 10 000 satoshi/ max 600 000 Satoshi https://btcoon.com/#game/crash - Min: 1 Satoshi // Max: 6 000 000 Satoshi https://btcoon.com/#game/slot - Min: 1 Satoshi https://btcoon.com/#game/double - Min: 1 Satoshi // Max: 6 000 000 Satoshi https://btcoon.com/#game/x50 - - Min: 1 Satoshi // Max: 6 000 000 Satoshi How much is the faucet amount? For all people here to be cleared. It is misleading because it has been said above you can earn up 10k satoshi daily thru faucet but this do simply means you will need to be lucky in able to hit that. 1 satoshi bet is appealing but i have seen only small players are recently playing right now. |
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In UK, some hospitals are set up for the rehabilitation of crypto addicted. But I really don't know that if it an addiction. My thought is NO. People want to earn and crypto industry is something like that where close observation is very crucial. And I think this feature cannot tagged anyone crypto addicted. This kind of initiative can make the traders feel low. And I do not support this initiative.
What do you think about this??
Care to share on the link if there are any news regarding about those hospitals for crypto addicted? Seems like this is just a pure troll to me and i dont even think that this would happen. We might have some addiction towards it but it wont really come to a point on where you would really need to be rehabilitated? This is a big joke for me. |
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Half time break.
Cleveland is doing a good job at first half even with the homecourt advantage of GSW which is really loud.
Lebron must be really in good shape now getting a lot of good shots. He is almost perfect on the floor before 2nd quarter.
But again their lead was tied by the furious 3 pointers of GSW.
Steph Curry ending the 1st half with a BANG! to get the tie game.
What a sad ending. I feel like the Cavs and Lebron was being robbed tonight. That overturned call late in the game cost them the so much and a couple of uncalled fouls against the Cavs during the first 3 quarters. Plus Jr. Smith's stupid move. Even how hard he do tried out to carry the game but still those circumstances do really affect too much and in late game dont know on the thing being done by Jr. Smith seems like he doesnt even know on what hes doing. Its quite obvious that there are uncalled fouls but well this is referees job not ours for cavs fan out there, you lose big time on bets |
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There was some issue with the server and I was admitted in a hospital for Typhoid for weeks. The site will be back online soon.
Oh sad to hear such situation happen to you! Good luck on taking the site online once again and dont forget your medication because wealth would be nothing if your body is already affected.  Probably he needs to work with a group of people/friends to manage the site so once one of the team is getting sick or other thing then the other team's members still able to manage the site. Managing a gambling site alone is not so effective, especially if the site has a target to get xx wagered amount. You do really have the point and i cant even think off that running a business with just my own bare hands to manage specially gambling site handling would really be complex since all fields should really be focused on like support, bankroll or finance handling, maintenance and other related matters which if you are all alone then it cant really be done properly which will really destroy up your entire business because gamblers wont really look into it. |
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Is Tether a good investment
what do you expect from tether? do you think tether will rise 10 times even 100 times? look at the graph from the tether, see its price movements so far. He might expect that this is similar on most coins in the market as of now and having $1 is affordable and he can buy lots of it and wait for a pump. If you do try to look on the chart you would see on your very own eyes on its movement and you would tell yourself that you are talking non-sense and do post this kind of topic. |
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Hi guys,
Was analyzing the price movement of BTC and by the looks of it seemingly having a triple bottom at a price of around 7000 and other indicators also seemingly support this text book theory.
I am still very much early into my Technical Analysis and from the theory I have read, seemingly a triple bottom occurs in a long downtrend and a sign of a bullish reversal. I honestly dont have any experience dealing with this kind of situation so was just wondering if anyone can give me a approximation of the probability of this taking place? If so what kind of run up can we expect?
Hope I am clear in what I want to ask.
Thank you
You can give it a try to make a buy order! Technical analysis on Bitcoin price momentum might be a worthy shot, it might not be a guaranteed or precise yet volatility would always be the enemy on here but you can have those basis to be used of on doing trading. Usually double bottom would already give out a signal of reversal,but what happened? it didnt go up but rather forming a tripple bottom instead we can really make our presumptions that this would be already a good entry but you should take action with a level of certain risk. |
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There was some issue with the server and I was admitted in a hospital for Typhoid for weeks. The site will be back online soon.
Oh sad to hear such situation happen to you! Good luck on taking the site online once again and dont forget your medication because wealth would be nothing if your body is already affected. |
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I like how there is a mentality shift in how the regulars are looking at Bitcoin. It's slowly growing out from a criminal tool to something that people will potentially park billions of dollars in, all to prevent that capital from vaporizing in a worst case scenario. I strongly hope to see Coinbase's coin backed fund will become publicly available before the end of this year. The real impact on this market won't come from products such as futures and options, but coin backed funds that will swallow the majority of the circulating coins within a few years. The demand is huge and the availability of circulating Bitcoins low, which can only mean that we'll be up for a massive boost before the block halving.
Halving event is still long way to go but we do have the same hopes and now im seeing some light that we are really heading on the right path and with limited supply and huge demand we can really expect some boost up but for now i do feel the hesitance for those traditional investors to fully transition into crypto due to regulation and other legality matters. I do see on upcoming years bitcoins price movement will be on gradual and slow movement just like other traditional currencies and stocks but we cant still be sure yet crypto would always be volatile. |
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