I recently heard a story about Gambling addicts from a worker who works as a manager on the floor. They are the ones who check and manages tables, and they are the one to approve different kinds of transactions there.
Anyways, it's about a person who is an addict who isn't going anywhere. He said that in his shift, let's say it's the morning shift, he saw the person there, playing. Nothing out of the ordinary, but when my friend says he is going out of his shift, he is still there, the player, so, at that time, it's quite okay because it's just almost 8 hours. When he came back the next day, that same guy with the same clothes is still there.
Just a reminder that there are people who really need help, but not interested in helping themselves.
For someone who is not ready to help himself, there is nothing that can be done to help that individual as every efforts would only end up being short-lived and temporary only for him to go back there again. The solution for a start is the identification by the person concerned that there is a problem after which other methods can then be applied depending on the driving force for such people. For some, it could be because they are less busy and have enough time in their hands that was why they engaged in the activities. The solution to them that will work is to give them enough job to take their time or have less time to invest in gambling. To others, it could be grief while to others it could be looking for acceptance. |
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After the announcement that US members could add their PayPal account to Coinbase and withdraw the dollar balance to the famous processor, now European members can also do it with no fees!
Despite my will of never get back to PayPal, I accept that it still is a very used processor and easy to work with for many countries.
Have you tried to use this integration to withdraw from Coinbase to PayPal?
Just reading about this news and I must say its a great leap to everyone and more kudos to Coinbase. Irrespective of how a lot of people might want to castigate them, they are really breaking barriers for crypto. If there is any risky way to exchange crypto, its through PayPal that it's mostly discouraged due to it's reversal nature. Aside that, PayPal terms are always anti crypto to block any account used for trading with any traces of crypto. But with this, its just only going to get better. |
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Just want to ask if anyone hear anything about this, I will post the same on other forums so I get it to many people as possible.
Someone told me that one of the largest companies in US is going crypto, it will start accepting crypto currencies in their local and online stores, and they will go further by integrating it in their electronic payment.
This all going to happen late in 2019, they will start by loosen up their eco system as it currently very tight.
He said a lot of things but I didn’t care much as I don’t know what was his source.
Few days ago, Apple announces that other manufacturers TV will support Air Play which is big as Apple never allow that on third party devices.
This reminded me of what he said, and made me think that he knows what he talking about, further more I assume now the company should be Apple.
So I f Apple start accepting crypto on their Apple Pay, it will going to have huge impact on the crypto market the prices should sky rocketing, everyone will follow Apple and probably do the same.
I have few crypto and based on the above If many confirms that they hear the same, I will buy more and hold selling them until end of 2019.
Accepting crypto by a particular company does not automatically translate to increase in the value of open source crypto that we all have access to and for the fact that Apple is accepting and other companies following that path still does not amount to that and the reason is simple. What they would do is to create their own kind of crypto that can be purchased with fiat and used solely on their platform just like all of the gift cards we see or the AliPay. It then means that other companies coming in would also want to be independent. The influence on open source crypto would only be marginal because of individuals who will be understanding that there is a new market in other to cash in on it. |
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I don't see the need for calling them out because no matter the review they get, so far it cannot be proved that they have violated the regulations of their establishment and disclosing information to illegal bodies for exploitation then their business will continue to progress. Exchange sites would patronise them so far they can prove their worth to them and they don't necessarily have to work in the dark because they really don't deal with end users directly as their actions are between the exchange sites that hire them whom they would direct their report to.
Again, giving information to law enforcement agencies would only be wrong if its done without due process or meant for victimisation purposes other than that, there is nothing wrong. If you are not comfortable giving your information, just don't visit their site.
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What are the core team members and advisers you're looking at when judging on ICO? Does a reputable legal adviser change an overall picture? How can you check on their reputation?
There is no doubt the presence of a reputable lawyer in the team wouldn't give some required boost but at the same time that is not the determining factor because most of the lawyers would only be working for their billiables and the moment they can get someone to pay for their hourlies, every other thing becomes secondary. Another reason is because majority of the lawyers are loyal to their client and not the general public in addition to the fact that they can only make recommendations and even attach some level of disclaimers to it to absolve them of any liabilities in the case of litigation. |
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would you open a loan to buy the dip? and when it dips again you would open up another loan to buy the dip. and lets say repeat the process. probably no one is doing this. because being in debt is a bad thing. just depends on far u would invest into bitcoin or even crypto currency. sad it has to dip in the first place.
I am trying to figure out any reasonable reasons as to why such investment decision can be made but none whatsoever is coming to justify such decision because it clearly negate every investment principle known to man and it goes beyond someone having high appetite for risk but sheer stupidity heading towards addiction about someone who really need help concerning his choice of actions. The statistics and the moral parameters just to justify this line of action. |
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I noticed Strange thing Some or most of the exchanges (require KYC to withdraw) - This is no problem
But Allow users to Deposit Even if they are not Complete KYC (in exchange require KYC) - Here the problem
after that exchange do not allow withdraw Their money !!
why this ?!
Why they allow them to deposit before Complete KYC
They say we follow the law Does the law recommend doing so? Something weird!
Often exchanges hide KYC paragraph (in Privacy Policy or Usage Policy) Or users do not know Only when They want withdraw!!
what I think from like this exchanges They want Attract Volume Without regard to the interest of users
I hope the post on the right place if not Please Tell me right place
Sorry if the translation Incorrect !
That is one issue I have with exchange services because it means they are not dong business with the utmost sincerity. It should be expressly stated that when you deposit, you wont be able to withdraw without meet these certain conditions and anyone who still go ahead would have been aware of what he is entering into but not with the deceit we are having now. The reason is not far fetched though because even in corporate world especially the banks, they would encourage one to open accounts and deposit only to come with series of conditions needed before withdrawal can be allowed. |
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Friends all we know bitcoin is transaction is not allowed in india. only few indian companies are available that also require KYC. I dont want my details to get exposed. i have some doubt in purchasing bitcoins. I have listed my doubts below please clarify it.
1. If someone buys bitcoin from blockchain in another country,for example (US blockchain user). And if they send bitcoin to my wallet address(Indian block chain user). Can I able to receive bitcoin or not
2.If I receive the bitcoin from that user. can I able to send it to other wallet id such as zebpay or coinbase or localbitcoins etc..
Please clarify these doubts as soon as possible.
Thanx in advance
In addition to what others have said, you need to identify that you are not the only person in India still engaged in crypto currency despite the fear you have exhibited and they are carrying out their activities without issues. You only need to identify then trade. I have seen people trade via WhatsApp platform or telegram and the payment is done via transfer to bank accounts without any traces of crypto in the transaction. You really need to understand how the bitcoin transaction works then you figure out ways to do your business. |
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The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.
Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
If that is the way you see things, then who are we to change you way of thought? You made some valid point that majority are moved by how much they can gain in the market which is a motivating factor but at the same time, others have come to achieve other objective in the process of that which includes but not limited to having wide knowledge of things, ability to apply such to their personal endeavors, meeting new people spread across the world etc. |
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One of the reasons behind the cryptocurrecny projects is to convince investors into storing their tokens for the future. long term investments. thereby holding the tokens and avoid trading. currently, trading platforms are engaging into trading competitions apparently to promote their platform and also the tokens as well. Are their no effects of these to the community and the project developers?
The entire market is built in such a way to cater for everybody's need depending on which goal you set to achieve. If everybody decides to hold, it then means there won't be a market and the price would not be determined. When this don't happen, exchange sites would not even exist or survive because its from the trading activities that they are able to cover their own cost of operation. While its not totally good for the market to be entire about trading, its about finding a balance where every party will carve a niche and everyone would be happy about it. |
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As the famous Warren Buffett once ironically observed, you only find out who is swimming naked when the tide goes out. Now that the tide is gone, it's time to check what's left and pick it up
Many trading folks, me included, like quoting him, whether spot on or completely beside the point. But the talking crowd doesn't really care about the real insights and nuggets of wisdom this man shares, other than what is right at the surface. And there's always more to his words and sayings than the majority sees. In this post I'm going to show you what it means in practice and how to make use of it
In this particular case, for example, the market crash has shown which coins are going to kick the bucket and which have good chances to survive. But these are extreme cases, while there's a lot of space in between as well as room for action and improvement. Basically, falling prices let you clearly see what assets are performing better and which are not worth your time. Bear market is kind of an eye-opener for you and reality check for your investment decisions
And this is the whole thing. Bear market allows you not only to see where your investments are going but also lets you easily unwind them by selling poorly performing coins (if we talk about cryptos) and then proceed to buy more resilient coins at half the price as the market goes downhill. That's what most people overlook in bear markets and so fail to take advantage of. In a nutshell, it is a perfect time to change sails or even the ship itself, tide or no tide
That word you quoted by Warren is mostly applicable to all endeavors of life without specifically mentioning crypto currency. This period of time admittedly is a trying time for the entire market which makes a lot of people stay away from the market at this point, only people who have the real conviction are still playing their part here. Even on the forum, a lot of people have stopped visiting because of the dull nature of activities but the year is just starting which brings so much hope and opportunity to reset which everyone should be ready to take advantage of. |
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The feds raising rates in q4. It should effect Bitcoin. As people need to prep for standard of living than investing. If feds didn't raise rates would Bitcoin have gone higher? First the credit cards company blocks Bitcoin buying. Then the feds raises rates. Effecting the economy in such a way people are not investing. Bitcoin will find a way to increase. It just takes time. I think the data shows fed want to raise rate partly because of Bitcoin. Maybe or maybe not.
I don't think the decision by the feds and its effect on the economy is targeted against bitcoin or crypto currency in general because the economy is much more bigger than that with several factors to be considered even most importantly the people who have not heard anything about bitcoin. Since time immemorial feds have been raising and reducing interest rates as they deem it fit in achieving set objectives. The way out is for individual to see every period to actions as an opportunity rather than focusing on the forces against the crypto world. |
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I still don't get it while people complain about gambling when in the right place, you know what you are getting into. Its only when it is proven that the gambling site is not fully transparent in its activities then its not a fair win for the other party. Other than that, its a game that both sides hope to win. The same people who would complain that they are losing might be part of the bank-rollers of the site if they are not winning or getting return on their investment on the site. The point is, if you are not ready to lose and e comfortable with it, don't move any where close to gambling.
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Cryptocurrency intelligence firm reported that CipherTrace’s Q3, 2018, cryptocurrency thefts had already reached $927 million.
Previously CipherTrace second-quarter report said, the company identified that there were more thefts during the first half of 2018 compared to the entire year of 2017 alone. Some $731 million worth of cryptocurrency was stolen from exchanges with some of the most notable hacks including that of Japanese exchange Coincheck at $530 million, and BitGrail that lost some $195 million dollars’ worth of tokens.
As of the Q3 report, the number now stands at $927 million lost in cyber attacks and CipherTrace predicts that this trend will continue. By the end of the year, they say, thefts will add up to well over $1 billion.
You will have done more justice by including the source of this information for the benefit of anyone who wants to surf further and have a more elaborate information on the subject matter. The issue of theft is not something new in the crypto industry and I am surprised is even kept at that which is due to the general low ebb in the entire market and also not including the little known exchange site that have suffered similar fate in the hands of hackers. Like I always maintained, until there is a situation where the administrators of this exchange sites are made to pay for their ineptitude, we will still continue to see more of this. |
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Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
I would say it depends on the way we are looking at it and divergent views would surely arise in controversial topics like this. For me, I don't believe in any crypto banks because for one it negates the entire reason for crypto that takes the safety of funds away from conglomerates and return it to the hands of individuals which means the moment we start to advocate for crypto banks we are returning power to those we try to take it away from in the first place. Again those current service providers that have acted like quassi banks have been found wanting in keeping the funds entrusted in their care safe which then transfer liabilities to the owner of such funds. |
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I am waiting for the country to go bankrupt, but I dunno how long it will take. What do you think is the best way to speed it up?
I believe many expert will use debt as a gauge to measure the apocalypse.
I think everyone taking a loan will contribute to the debt, but it doesn't make the country bankrupt, it's the people who take the loan will go bankrupt first. I don't think it is the best way to do, so what else can we do?
And what exactly would be your gain should the country go bankrupt? Do you even know the amount of lives that would be on the line should a country go bankrupt and in this case, not only the American population would be affected but the entire world will suffer for it. Starting from the third world countries that relies on aid from the country to even fight basic diseases or the myriads of people who have citizen in the states and they were able to better their economy because of capital inflow or the amount of weapons that they have made available for countries to combat both within and outside enemies couple with the control and checks they have constituted against countries that won't mind running others over. |
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If this report is anything to go by, its something disappointing and ts going to continually reduce the trust in the market because if something as simple as trade volume can be manipulated to give certain impression, I wonder what else could have been mis-represented. This is further point to the direction that lawlessness abounds in the market because the moment there is a body ensuring that they file their returns and pay taxes based on the volume of transactions reported, they would be more careful than this rather than the current anomaly being paraded by majority of all of them.
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Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time. Maybe, we can only estimate the value of assets for the next few days like weather experts.
Its not about ''Like''. The real thing is that ''It is''. Every prediction is by default an expression of opinion that does not hold any water. Anyone who relies on such to make investment decision is largely due so at his own risk. The year 2018 has done justice to that by nullifying every form of predictions that a lot of people have made whether on the forum, in new media or various website. As we start the new year, I believe everyone would start working based on reality and not some man sit behind Twitter to tell the future of crypto prices. Or else, same thing that happen last year is bound to repeat itself. |
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I haven't seen any report of any technical committee set up to look at crypto currency as a whole without suggesting the same thing. The reason is simple, because its still an untapped area which the so called experts have not seen before so in other not to be on the sideline in terms of technical developments, they just suggest regulation but the real issue is how they intend to go about it which I am sure won't augur well for most crypto enthusiasts as the first thing is control that they would focus attention on rather than penetration.
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This is a proactive one from government regulators that needs to be encouraged. I have seen projects that cannot moving anything claiming to have partnership with giant and reputable businesses across the globe which is obviously some exaggeration. Another is seeing them claiming to be in various reputable magazines across the world in which if the link is followed, its merely a sham. But because they have been blinded with the steam its going to gather, they don't care and this is what should await such enterprises.
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