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7601  Economy / Gambling discussion / Re: Simple way to earn Bitcoins through Gambling and Casino games. on: December 28, 2018, 03:51:21 PM
Even investing into house edge and bankroll of a casino seems dangerous these days, there has been a lot of talks of casinos scamming their investors for bigger profits as well. There was some casino ICO's as well that didn't turn out like people wanted so they are upset over the lost coins too. I mean when you look at being house edge (house always wins) looking dangerous you need to be really crazy to consider betting to make money.

If the people with house edge on their side is still getting scammed over what makes one person think they could make money AGAINST the house edge. It is just a way of spending money to have great time and if you know what you are doing or at least enjoy gambling to a point you can spend money on it than go ahead do it, I have been gambling on crypto for over 5 years and my first ever bet was on satoshidice when you had to wait for the block but I still know I am not going to make money I just do it for fun.
7602  Economy / Gambling discussion / Re: Problem: Lost today $2000 on PrimeDice on: December 28, 2018, 02:14:19 PM
I don't understand what people are thinking while gambling. I mean of course you would lose your money gambling, that is what casinos are for. They are not there so they could give away free money to everyone, do you really think people start a new casino so they could share their wealth with you, do you really think that is how casinos work ? They are there to make money and the most legal way of getting free money from people.

They literally tell you that they will take your money, there is a house edge on every single game and they make profits on that house edge all the time and everyone knows about this but yet again everyone gambles knowing about the house edge but somehow some people think "not me, I am lucky" or something and go against the house edge thinking they can beat it. Math will never be wrong and you will always lose. House always wins, don't forget about that.
7603  Economy / Speculation / Re: FRUSTRATED AT THE MARKET. on: December 28, 2018, 08:57:45 AM
Large investors will feel the impact of falling prices but they cover up when they benefit from price increases of up to hundreds of%, this is crypto not gold and fiat all risks must be borne by either loss or profit.
Loss will be the loss regardless of you are a large investor or small investor. Getting frustrated at the market is normal thing but we should have proper plan so that those frustrations will not impact in to future decision-making capabilities. Yes, we need to have fresh mindset all the time so that we can recover our losses by planning up perfect future investments.

I have invested only with bitcoin and I have been into buying at every dips rather than worrying on my losses. Because, I know bitcoin will bounce back at any time so that I will be having more profits comparatively before the market started to fall down. Simply saying I am just enjoying what I am doing regardless of how this market is doing. I learned these from my previous mistakes. From that, I limited my investments only with bitcoin so I have eliminated my frustrations.
7604  Economy / Speculation / Re: As 2018 winds down, what is your opinion about bitcoin for 2019? on: December 28, 2018, 07:50:40 AM
I want just to go with the flow and don't expect too much. Continous accumulation and filling my stash as usual. There are some positive events that people is looking forward that will boost somehow the movement of bitcoin price next year. Im not really into this kind of expectation as it will just lead into disappointment.
But, you are just missing the core purpose of why we are having speculation and predictions. Experts are making speculation just to warn us for not missing another opportunity. For example, if you will be notified about $100k for bitcoins, then probably you will go for buying more by adjusting your other spending. When there will be no positiveness in your expectation, then you may have more chances to missing out big things. Please note that I am stating all these for bitcoin kind of proven potential based things.

Other than self benefits, just sharing opinion about bitcoin in this community will be helping many people here to make their investment decisions easily. Bitcoin is always having big values in long run hence there will be less possibility of errors when we will be predicting its future positively.

In my opinion, bitcoin is going to have another year of 2015. A recovery phase.
7605  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the reason of ETH bull run? on: December 28, 2018, 02:31:10 AM
I think it is just a small correction from the bottom price of ETH.
And the other altcoins price are increasing as well, so ETH price only follow the market movements.
This is not a bull run until we see the price is rapidly increasing in a short time.
Yes, most times altcoins are just following bitcoin's movement which is due to traders manipulation and it doe not need to be a reason based. We cannot look for reasons for price movements of any crypto as rising and falling of an asset may happen when a whale is deciding to do whatever they want. Now a days, one particular altcoin does not need to have any specific reason for its movement but when any one coin will be having a reason and making its own movement, all other coins are just following it.

I think its just 1 day game. We have to wait for ETH2.0 and its success news. Then ETF. Then only we will see good run in ETH.
Yes right now, ETH is trading around 0.032 BTC after losing 2.7% from its yesterday's high. It means it is no more into bull run. It was into bull when bitcoin was. Hence. I believe ethereum is not having any its won reason for having bull but just following bitcoin's directions.
7606  Alternate cryptocurrencies / Altcoin Discussion / Re: Will PoS completely replace PoW in the future? on: December 27, 2018, 07:18:34 PM
POS leads to partial centralization of the system. Since not many users can afford to buy a large amount of cryptocurrency to participate in mining. Therefore, those coins that want decentralization will use POW or hybrid Protocol. Especially now that renewable energy sources are developing very strongly.
You mean POW will be possible for comparatively cheaper ? Who can afford to buy ASIC equipment to compete against industry level miners ? I don't think POS is leading to centralization. If it is true then this problem is also applicable with POW consensus. If centralization is possible in POS then I guess 51% attack kind of other attacks also might be possible.

I am not sure that the chances of 51% attack is completely eliminated in POS. I checked with few developers but unfortunately they are also not aware of in this things. I guess POS was not developed for the reason of eliminating the 51% attack but it was derived for providing easy and alternative way of mining for anyone who is the holder of that coin.

I am always very much concern about green environment. This reason is more than enough for me to support POS. But a POS system should be generic for all level of participant like there should not be any minimum requirement for staking. I believe with few improvement, POS may take over POW. Moreover, POS is good for devs' view as sudden and unexpected dumps will not happen frequently as most people will opt for holding to get easy mining rewards.
7607  Alternate cryptocurrencies / Altcoin Discussion / Re: What can we do for shit coins in our wallet? on: December 27, 2018, 06:15:05 PM
we do not have any other big options other than simply continue holding them. I have lot's of coins and token which are obtained from various bounties,campaigns and airdrops but most of them are valuing nothing. Honestly I have a forgot them some long time back itself as moving them into an exchange also a big loss for me. I guess this is not a problem just for me but I believe most of the people from this community is also experiencing such a problem.
Just think about the time and energy, you spent for collecting those coins and unlike you many people would have spent their hard earned money for buying those shitcoins. I mean to say this is really unfortunate that this community is not taking any guidelines or protection measurement for getting rid of those scam attempts. Yes in my view, all these shitcoins are directly or indirectly an attempt to scam us. We must need to react against them just for maintaining a balance in this community.

Just hoping for the better things to happen in coming days when the crypto market will be finding its good days. Other than this, I believe nothing we can do right now with those coins. We may go for donating them but I believe no one will be accepting those valueless coin. Because, this is not a vintage thing to donate when we are not finding them not useful to us.
You must be coming up with a good resolution for your useless coins. In that case, please let me know. Just kidding. Jokes apart, I like to suggest you to keep on holding them because no one will know when at least one or two of your holding may get pumped and you will recover some reward for your time and energy. Keep holding them.
7608  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why StableCoin like Tether fall below $1? on: December 27, 2018, 03:59:50 PM
Can anyone explain why tether falls below $1 dollar?
Also, most STC are centralized and dollarized, isn't that going back to reliance on fiat. Finally, since they're not blockchained, how do exchanges connect to their system, API?
Sometimes there is a bigger sale than the buyers are capable of covering and those times stablecoins go under 1 dollars each but thanks to arbitrage and knowing that price is stick to one dollars each and at least tokens worth that much people buy from those cheap amounts and cover that difference pretty quickly, anything slightly less or more like 98 cents or whatever is there because people really don't care about that much difference and also the exchange fee's wouldn't cover that difference so you would be losing money if you try to close that gap.

Also stablecoins are mostly useless worthless stuff that you don't really need, you could use the actual fiat instead and that is why its never getting too much attention from traders and sometimes suddenly drops when someone sells like 500 million USDT (like it happened couple months ago) and that causes it to go as low as 95 cents and even less.
7609  Economy / Economics / Re: McAfee Says Crypto Mining Malware Increased 4,000% in 2018 on: December 27, 2018, 02:07:29 PM
It is one of the easiest ways to make money if you are smart and your victims are not smart at all. I mean you do not "hack" anything on their computer, you don't steal anything, you don't basically get anything from them aside from their GPU or CPU. Of course that causes their computers to be incredibly slow and get old much quicker and even sometimes breaks their computers which are the bad sides of this thing but in the end when there are hackers who are out to get your credit card information, this seems a lot less damaging to people.

You just put some mining malware and let it work and make money from it. If you could achieve thousands of computers all at once than you can make thousands of dollars without mining a single bit yourself. It is really genius if you ask me.
7610  Economy / Economics / Re: welcome bulls , Bye bears on: December 27, 2018, 12:19:36 PM
This year I didn't get that much profits only thing I did was holding my investments , I hope all my patience will pay off next year and there will be bull market and I make more profits  Grin  

many investors are in same hope only ?? I would like to know what you guys think about next year,
I hope same like you because there are some coins that I hold for almost 7 months and I don't let go of it because I'm waiting for the market to recover again, and now even though the market is still fluctuating and giving correction but at least now the positive trend is starting.
7 month of holding is not a big thing when comparing some people are holding for years. I am holding dogecoins from 2014 and still looking for better prices to sell off. But always it is testing up to 110 satoshi then coming down. Look at Mr. satoshi, he is holding his coins from 2009.

When bitcoin prices were bouncing back from $3200 to $4100, I also was thinking like bears are leaving off the crypto space but now again market is experiencing downfall up to $$3700 and most of all major altcoins also falling down. I guess, we are yet to welcome bulls as bears are still persisting within this market.
7611  Economy / Economics / Re: The markets are rigged on: December 27, 2018, 08:12:14 AM
But, we are still having a balanced system like balanced economical situations where if you hard work you will find your needed things. Governments are ready to give free money and all facilities to corporate and banks whereas they will not give free money to their citizen. Because, that will make them lazy which will be leading to collapse of entire economy.

For example, corporate are getting lots of benefits from government to set up a business, and then they will be providing job opportunity to common people based on that business. It is like they are giving opportunity for the people to prove their hard-working capabilities, those who are all finding chances to prove themselves with their hard work, getting their rewards. In this we cannot blame the government for giving all benefits for setting up that job opportunity.

Governments or banks may print money without having proper reserve for that. But, they should not distribute that money freely to their citizen. They may use that money for providing job opportunities for their citizen. This is the basic rule to keep the system intact. When all the people in a country will be getting all their needs without any big efforts then their economic system will collapse. This has been proved right with many countries'scenarios like they are simply printing money still they are able to manage it accordingly.

Markets and our economic systems are probably rigged but we cannot do anything about that because it needs to be like this otherwise it will lead to imbalances of systems.
7612  Economy / Economics / Re: When traditional markets fall, alternative markets fall harder on: December 26, 2018, 06:49:54 PM
Are we really sure about this ? I mean stocks fell as hard as they have in over 10 years but we see crypto market at the same time which has been quite steady even increased recently. Of course in 2018, there was a huge drop in price but most of it was at the time when stock markets were stable and not falling, if we are only taking the part where stock markets started dropping than since that day to this day stock markets clearly fell a lot harder than stocks.

This tells us clearly that when stocks fall it doesn't affect crypto at all, not in a good way nor not in a bad way. Just becomes irrelevant after a point. Also consider the fact that bitcoin and crypto has become quite global and not just some american investment type so nasdaq could drop or not but it doesn't change anything in the world of crypto since it is more global.
7613  Economy / Trading Discussion / Re: Predicting a bull/bear run on: December 26, 2018, 01:45:14 PM
A bull run is being initiated by the market manipulators, and manipulation is designed to be unnoticed in any possible way. So, prediction remains the level of how you knew the risks from the very beginning you learned to trade. I dont know, but what you have suggested is very difficult to invistigate. I'd rather depend on the TA's as it helps me alot on following todays up and down trends
Why a bull run cannot happen by its own without those market manipulators doing so ? I mean when there are positive news, then everyone will start buying then that must be a start of a bull run. Here we do not need any market manipulators to be working unnoticed. I guess you have misunderstood how the market is working and how a bull trend and beer trend are not happening   time to time.

Bull/bear run just indications of news and events happening around that systems. We do not need any whales for those bull or bear run to be happening. But, manipulators are just part of every market and we cannot do anything about them. Still, they will lose their power over the time when more people will be participating in to that market. It means we do not need to worry about manipulators as they will be having limited power over the course of time.
7614  Economy / Trading Discussion / Re: Holding coins on: December 26, 2018, 01:15:43 PM
hold, hold and hold is not the best way, but it is the safest and most people do when they have difficulty guessing market price movements.
to prevent losses, there is only one method, "HOLD"
What you are trying to say ? Are you are agreeing with holding or not ? When most people are preferring to hold then it should be a better way to make easy profits rather than struggling with guessing the market price movements. Holding not just preventing losses but it will give you enormous profits over the time as cryptos are known for fetching you big profits in long-term like years of holding.

Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
You need to enlighten yourself before going for holding your coins. Yes, exchanges are here not for providing you a wallet services. You need to identify what are the things are existing for what purposes before making use of them. Otherwise, you will get struck at some point of time. Learn things before start using them.

it is better to choose a hardware wallet and keep your passphrase on a piece of paper and put it on a vault.
Unlike some 2 to 3 years back, now hardware wallets are becoming more famous as it is providing good security along with easy cold storage option. When you unplug your wallet, you are just entering into cold storage that is the big advantage of hardware wallets.
7615  Economy / Trading Discussion / Re: This will help to improve your trading on: December 26, 2018, 12:36:50 PM
Good strategy but holding altcoins for me is not profitable anymore Because all altcoins already drop on their price to its hard to predict if the will go up or down.
Predicting your future must be depending on what kind of altcoins you're holding right now. If you have invested into only highly reputed coins then you do not need to worry about the current downfall nor the entire cryptomarket's fluctuations. You may simply continue to holding your altcoins. If you are holding some shitcoins then no one could help you. It is time to add up more reputed coins into your portfolio from this dumped market as you can easily predict the bright future for those coins.

emotions greed and panic is always bad for trading we have read many rules in books and we did experience those in real trading but this takes time to improve our emotions  
Emotions are always enemies for our trading plans. No books will help you to tackle your emotions while trading but only your experience may help you. That is why pro traders always emphasizing about mock-trading. Through experience we can handle our emotions effectively so that we will not take decisions due to emotional failures.
7616  Economy / Speculation / Re: Bitcoin Bottomed out ? TA analysis. on: December 25, 2018, 04:59:44 PM
Bitcoin seems like on a bull trajectory even during it going down. When there was a bear market the price went down but it went down much quicker. Right now when we hit 4200 dollars it dropped to 3800 or so even higher, last time it went down from 4200 it went down all the way to 3400 even less. Which tells me it is really difficult to sell right now and even when a lot of people sell they are not overpowering the buy orders.

Hence, I think bitcoin will be fine in 2019, this is a good example of why 2019 will be a year of bull, maybe we will not hit 20 thousand dollars at all, maybe for another couple years we will not see those type of prices, however we will certainly go between 4-10 thousand dollars for this year, sometimes it will go up and sometimes it will have these small falls but in the end it will certainly be higher than what it is today.
7617  Economy / Speculation / Re: no 1 reason why the bulls are starting real soon!!! on: December 25, 2018, 03:56:43 PM
The stock market crashing is the number 1 sign of a crypto bull run, it's coming!!! also, stocks is pumped through fiat money. In times like this, people will look for gold, silver and even crypto!

and look at the short altcoins boom, and also because people are running away from stocks right now!! this is a good sign that the sec will approve the ETF and bakkt will be launched, to drive BTC to a massive ATH.

Think about it guys, why would they launch ETF and bakkt in a bear market? why SEC keeps delaying etf when they can just reject it straightaway? they know it will have no effect on the price when the market is still bearish and no 1 is buying btc, now with this stock market crash will be perfect time for them to launch!! expect btc to go to the moon!!

i dont think btc will even shoot past 20k in a bear market even with an ETF if sec was to approve it back then. The market has to be bullish first!
it's no coincidence that this stock market crash lines up perfectly with the last deadline for ETF, it's a heavily manipulated market!
Stock markets do not really have a correlation with bitcoin if you ask me but I could be wrong of course, I am not an expert on this. My logic was if someone is losing money on stock markets because its falling do you really think they would rather invest their money on something that went 80% lower on the year ? I mean if they think bitcoin went down so its time to go back up don't you think they would feel the same on stocks as well ?

Stocks are down anyway so if they put their money on stocks they could profit while its recovering so they do not need to put their money on bitcoin and hope it will go back up. Of course I could be wrong, there could be people who would rather put their money in crypto currencies because they believe in the future long term profits instead of the short term gains.
7618  Economy / Speculation / Re: Bitcoin Maintains Bullish Bias, Eyeing $4,500 as Upside Target on: December 25, 2018, 03:03:56 PM
$4500 is really a great number to achieve right now for all of us. Reason for that is when bitcoin reaches to 4200 or so levels than it still has a way to go down under 4 thousand dollars and when it goes down under 4 thousand dollars it really means bear continues and prices keep falling even more, it creates a psychological pessimistic approach by all of us.

Moreover, if we could go above 4500 dollars it means even when it falls a bit it doesn't go under 4 thousand dollars which is great news and creates an emotion like it won't go below anymore and we are on a bull run. The price is resisting on not going any higher than 4200 for now but as soon as we break those prices I believe we will have nothing in front of us stopping what we are doing. The price could potentially break the 5 thousand barrier if it could reach 4500, of course it would have to go back down a bit to 4200 or so first but than go higher to 5 thousand.
7619  Bitcoin / Bitcoin Discussion / Re: What is the main problem with the crypto market at the moment? on: December 25, 2018, 01:01:48 PM
To my opinion at the moment the biggest problem at the crypto market is lack of new investors. On the other hand there is a problem with existing investors who often have too big expectations and are to greedy for unreal profit.
I guess bitcoin must be doing now also its magic of attracting new investors but selling pressure from whales and other bitcoiners seem bigger than new investors. It means we need more new investors or few billionaires need to start adopting bitcoins to overcome those selling pressures.

Also, after a huge progress of Bitcoin and other cryptocurrencies and increasing number of users it looks now like this process started to slow down and we are still far away from mass afoption. Cryptocurrencies still have a long way to go.
Mass adoption may not start at one particular day. It is a long and continuous progress and I guess it has already started some years back itself. One of the main problem of bitcoin and bitcoiners must be, lack of merchants accepting bitcoins for our life's daily needs. I guess that problem will find its solution when more people start using bitcoins as a currency rather than using bitcoins as an investment assets.
7620  Economy / Economics / Re: Is it good to recruit other person to join Blockchain technology? on: December 25, 2018, 08:03:17 AM
If you’re going to introduce anyone to cryptocurrency, please you better let them know that it is not a place where you get free or quick money. Nothing is free here and nothing is quick, it takes time and you will need to have patience. That’s why you see a lot of newbies here talking about bull run when they haven’t stayed up to a year. Just make them understand that it takes patience, and it’s also risk, you can lose or win.
But the cryptocurrencies are known for heaven-like for making easy money. This is the core reason why many people has started adopting cryptos. I agree there will not be any possibility of making quick money like anywhere else but we can make easy money if we are able to hold cryptos. It has proven many times in the past. People are getting attracted when they are seeing ATH of of a coin, and usually all the coins are giving them an opportunity to enter to that coin for lesser than ATH. It may happen even after they will be adopting it, but most people are not ready to accept this bitter fact.

I think majority of people here are very selfish ,. Believe it or not. They are hiding and choose not to tell to the other person especially to their neighbors what is cryptocurrency all about.
I am well aware of this. I have spend lots of hours with my friends on convincing them to adopt cryptos by explaining them the benefits of having blockchain technology and a decentralized financial system. I believe I have made more than 10 people to adopt cryptos especially bitcoins but not sure they all keep investing with it like I have emphasized them to do so to ensure a big wealth for their future.
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