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7781  Economy / Trading Discussion / Re: Best exchange for Day/Short term trading on: November 18, 2018, 07:52:48 AM
I think short term trading requires volume and liquidity so I think IDEX will not be equal to Binance. I trade in Binance and hunt cheap altcoin on IDEX.
Yes, if you really want to be day trading or doing short term trading, I believe volume is something you really want to be taking advantage of as well as liquidity and that is one of the reasons why it is always important to take advantage of liquidity in most cases when it comes to trading the market.

A lot of people coming newly into the market tend not to do a proper research on the exchange they want to be trading on, and just pick any exchange without questions and then blame the market for whatever comes out of it. At least, if you do not know an exchange to pick, just make use of the reputable ones, binance, bittrex, bitfinex, and other well-known and well used exchanges.
7782  Economy / Gambling discussion / Re: Betting with me 😀 on: November 17, 2018, 07:10:31 AM
Should I trust something like this? I mean there are many scams right now and I don't want to engage is such. What I want to see is if there are actual people doing betting with you and an actual count of winnings for the said contest that you posted.
It is not about trust, it is all about betting and the OP giving his own tips, and it is not like he is some god that will see the future of what will exactly happen, but he is also simply taking a chance on a team winning over the other which in this case, at least he has been able to make 3 right predictions so far but that does not guarantee anything in the future.

Rather than all these, you must understand it is just gambling and if you cannot have the mind that there is possibility of losing, it is better not to gamble at all.

He is only asking you to join him with his bet if you care, while he gives some tips on his bet, so in that way, I do not see that as any problem, and the choice is all yours.
7783  Economy / Gambling discussion / Re: Do you gamble or think it's a waste of money and time? on: November 16, 2018, 03:31:30 PM
Seeing how the odds are pretty often against you in gambling as the gambling services are for making money out of you and not the reverse, do you still decide to gamble? If so, why?
I do gamble but I also think it is waste of money.

I mean I am pretty sure I can find something much better to do with my money, if you combine even the most sane bets I have done in my entire life they probably come to couple thousand dollars, I have spent that money as entertainment, saw it as "going to movies" and all that, however it is still a good chunk of money that is never coming back, I have of course lost a lot more but at the time bitcoin was low, if we take the price for today's bitcoin then I have lost over 20 thousand dollars but I do not see it that way, I calculate it at the price when I lost it which makes me feel better. If I have put that into any other coin, anything at all, I would have over a hundred thousand dollars right now.

I just see it as a waste of money but I like doing it, I like gambling and I like wasting money for it. It is just too entertaining. Don't be worried though, I have known that gambling will not make me rich a looong time ago, I just play for the entertainment value.
7784  Economy / Trading Discussion / Re: Story of crypto market on: November 15, 2018, 03:10:48 PM
Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.
I've lost money in crypto just because I made a mistake. I bought a coin at a higher price and in panic saw the price drop by 10% I sold it, and immediately in some time the pump price was more than 70%. it made a disappointment and regret when he saw the crypto market situation.
Well, it is one thing to make a mistake and realize you made a mistake and it is another thing to make a mistake and still blaming the market for your mistakes while doing the same thing over and over again, expecting different results. Still, it is good that you realized you have made a mistake along with all your hopes are never lost and most especially for a market that is growing every single day. With trading the markets, if you do not have a strategy, situations like this will always play out.

Trading is not about panicking, it is about having a strategy and executing it, and sure there are some times, when the market will tend to deceive which is in the case of a bull or bear trap sometimes, but as time goes on, you will surely always know the best way to handle that.
7785  Economy / Trading Discussion / Re: Trading as an entertainment thing on: November 15, 2018, 12:50:29 PM
There are a lot of companies calling me at least every 2 days to ask me if i am into trading and if not why not and why i don't and so on..
Is there any kind of entertainment if doing online investments or trading?
Enlighten me!
The fact is that trading is one job that can provide many benefits for all of us. Trading is a sure thing because trading science can be learned. It's different from playing gambling and also investing in an ICO project. I think Trading is much better and gives us many opportunities to make a profit.
True, but that benefit it can provide is dependent on your own level of knowledge and like you said, it is a science or a profession that requires you to learn and then be able to make good decisions. The unfortunate part to it all is that so many people do not usually see it as that, and instead, they are always busy looking at trading as a gamble, as they have no knowledge, strategy and all they are just after is basic luck.

If you think in a profession, luck and experience is what will only get you to be better, I am sure a lot of patients would have been dying today in the hands of doctors, or buildings collapsing because of some quack engineer who thought he could learn from just experience alone. There is a reason why there is always learning phase before you start gathering experience, but a lot of people by being in a haste tend to want to skip that part.
7786  Economy / Economics / Re: Bitcoin’s Affect on US Banks Money Laundering on: November 15, 2018, 12:20:17 PM
Banks have been laundering money for the longest time, what fox and others are saying about money laundering in crypto is that they can't really catch you do that if you are smart enough about it. Which means, even if you are the biggest bank in the world, when you launder money people can find you, IRS can find you and you will have to pay a fine for that. However, if you are doing it on crypto and use a privacy coin like xmr or whatever than you will not be caught and you will be easily laundering money.

The trouble here is not that crypto will be used for money laundering, of course it will be used for money laundering, of course it will be used for drug money, of course it will be used to hire hitman to kill someone, all bad things will be done. However does people think what humans used before crypto came out, before 2008 ? What were they using and currently using as well ?

Well, they used fiat to do all of that and currently still using fiat as well, crypto currency is just one more currency that gives that option, nothing extraordinary there.
7787  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will it fall? on: November 15, 2018, 07:09:06 AM
In my opinion when stock market crash, there are will be possibility the investor and trader will move their money in to Bitcoin and gold. So this is will make impact to crypto market. I just checked the market cap of Apple (the biggest stocks by marketcap) was decreased and the investor has possibility will  move the money in to Bitcoin and others coins so crypto market has potential will bullish again.
That is usually what happens most of the time. Investors tend to look for a market that is more like a safe spot at the moment for an easy buy in for store of value when they have taken profit from one market. The stock market is overbought and due already for huge correction and the crypto market is oversold and due for huge reversal of trend, so in a way, let's just hope that investors will definitely see the space as the next spot for them as the case may be when it comes to the movement of the crypto market to the upper side. Something we will just have to be patient and wait for.

everyone is expecting that something might happen in the market for these last remaining days before the end of 2018. So, in my opinion it wont fall as to stock market reaction...
Markets is always a ripple effect as long as everything is based on investors in general and where they feel is the next target for them to make some profit. We all know while the stock market has been moving up since the beginning of the year, the crypto market has just been getting pushed down and to me, I see it more like transfer of wealth from one market to the other. Now that it seems that the crypto market is tapped out, let's see if any possible correction in the stock market will have a positive effect on the crypto market.
7788  Economy / Economics / Re: AA Union Capital Investment Foundation - Malta Blockchain Summit - Highlights on: November 15, 2018, 06:34:23 AM
First of all these are not people all live in Malta, I mean some of them might be, some of them might have some business to deal there but these people are not usually from Malta directly. It means they came together all for business obviously, nothing happening there would have been really weird, they were there to network and find right partners for their business and they all got together.

Think of it as transformer or something, when its one piece it has no value but when all come together they are stronger, sometimes 1+1 does not equal to 2 in business world.

Plus, Malta has been one of those countries which is relaxed on regulations and definitely supportive of online business models and shown that in online casino world and of course once again very helpful towards online crypto companies as well, and that leads to becoming a favorite of startups recently.
7789  Economy / Economics / Re: ADVANTAGES OF INVESTMENT USING BITCOIN on: November 14, 2018, 05:30:39 PM
I know there are great advantages to it and most people invest in Bitcoin to get these advantages and bitcoin is quite secure. But it is not profitable for us in the short term. I think the new altcoins will often be good altcoins to help us have more profit.
Yes, if we do not see the advantage, we will not be investing in it in the first place and some of us would not have even held for this long. The reason why they said you should always put your money where your mouth is is by investing in what you believe in and to know whether you believe in bitcoin or not, you have to understand the future potential. Without this, mistakes are always going to come, and this is the reason why you see a lot of people panicking for no reason, because they never understood what they were investing in, let alone, believe in its long term potentials.

Well, Bitcoin, like any other investments Carry risks. You can have your pulse on the trend of the market and still lose. I know that crypto currency is fairly new and every one is on Hype about investing in it but it is not that easy. It's so volatile now more than ever so i suggest you to be careful and really keep your ear to the ground to win big.
Yeah, when it comes to any investment at all, the risk is something you always have to consider so you can know how to manage it. That is one part a lot of people tend to skip and you cannot manage what you do not know obviously. The advantage is enormous, from being a currency to an asset but basically, the risk is centered more on the volatility and for the fact that it is a new space. What is important is to just be smart, know what you should be getting yourself involved in within the space, and know how to always handle yourself to your benefit.
7790  Economy / Economics / Re: Young people will drive Bitcoin adoption more than the older generation. on: November 14, 2018, 01:19:09 PM
That's not surprising ? I mean it is exactly the same with any new technology, how long did it took older generation to come to terms with iphones and using whatsapp and so forth, it was a bit longer than youth. How long did it take for the old generation to come to facebook, it wasn't really that quick but right now all youth is using instagram instead while old people are still attached to their facebooks.

Basically anytime there is a new tech coming up the first line of stop is usually silicon valley and than it gets to the youth of the world and than it goes to older people, that is precisely the route it takes all the time. Without any assumptions because there are still old people who are following trends, this was expected from bitcoin as well, in 5-10 years those old people will be into bitcoin as well just like they were with facebook.
7791  Alternate cryptocurrencies / Altcoin Discussion / Re: How altcoins change your life? on: November 14, 2018, 12:28:52 PM
Really altcoins are going to be the coins that is going to make a lot of us rich, most of us already missed the chance that bitcoin offered and now with altcoins we have that chance again to be able to make money from it. Altcoins have been the coins that has given me the most hope so far showing us that there is a lot of hope for the cryptocurrency market in the long run
Well, if you think so, but one thing I have always known is that most altcoins do not have a real life product and what they are basically just good for is pump and dump and in that scenario you really do not want to be holding them for too long. Yes, for those ones with real life products, they still have some pretty good chance of doing pretty great in the long run, but for the shit ones, you really just want to be careful. For what it is worth, if you are a trader, I am pretty sure you will definitely know better anyway and you can take advantage of the long term fluctuations.

The way altcoins have changed my life is via trading which has helped me to at least increase my stash in bitcoin for the long term and has also given me the chance to at least have some long term hold of some altcoins with prospects as well for the long run. Altcoins have been crazily volatile over the years, and I am sure we all know that, and as it is, for those who understand how to trade trends, they will be able to relate with the idea of making use of altcoins to at least make some pretty good bucks over time from the market fluctuations.
7792  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin has no demand but the Alts Do! on: November 14, 2018, 11:51:42 AM
I think you are wrong for this evaluation, there is no way that the altcoins have more demand than bitcoin, bitcoin alone has more demand than all of the altcoins put together, that is why bitcoin is of a much higher value than all of the other coins put together. The altcoins have demand but there is more for bitcoin and we need more demand of bitcoin if we want another bull market
Probably he does not even have a clue when it comes to the dominance of bitcoin in the market, which I believe this is a dominance we will get to see more of it in coming days as most altcoins eventually get to take a bow eventually.

This is a market and one thing I have always known is that markets are always seasonal and we know that in most cases now, bitcoin is mostly the market maker when it comes to all the crypto market put together, so even if altcoins are pumping now, it is always for one reason, the whales using it to increase their bitcoin stash which is one of the reasons why their value is never sustainable, and I believe in the long term, time will tell everyone that bitcoin will remain dominant.
7793  Alternate cryptocurrencies / Altcoin Discussion / Re: Is keeping your hands out from the current market situation saves your profit? on: November 14, 2018, 11:20:18 AM
Right now, the current market situation is very frustrating. Most of the coins especially the good ones are turning red. Almost all of the coins and tokens are still bleeding hard. Is it safe not to do trades, and investment as of this moment to ensure that no possible loss coming?
I am sure a lot of people may actually be finding what is going on a little bit frustrating, but the truth is what is there to be frustrated about? You will be more frustrated in the long run when you sell out of panic and you see the market you are in grow bigger in value in the long run and that is when you would wish you really did not get to worry about the present and even take advantage of it.

If you are keeping your hands from the market, you want to have a strategy to doing that which in this case, you are more like a long term trader, and you simply do not want to be doing that without knowledge or trying to do it in loss. It is always a season, but you should be selling when everyone is getting greedy and buying when everyone is selling.
7794  Economy / Gambling discussion / Re: A banking app helped me beat my addiction on: November 14, 2018, 09:49:53 AM
Not everyone has that willpower to stop by them self and due to which we have cure therapy etc so that they can bring such addicted people out of it else and anything related to it be an app, online based some learning or techniques which will help people to have self control is extremely important.
Most times, people who have not been in some high level of addiction will not understand what it means to lose control and the willpower not to gamble. A lot of people know they are addicted but actually what makes them addicted is their inability to control that urge any longer and which is one of the reasons why an app like this is actually a way anyone who have the zeal to want to change can make use of to at least, gain that control back in the long run. It will never be easy at first, but it is a thing of the mind, and as long as you start facing reality and comparing moments just like the guy in the OP, you sure will be able to speak to your own self.

I think they have something that will help them to know the limitations for playing gambling, and the best is they can control how much money they want to use for the gambling game.
Control is something that we have to realize that an addicted gambler has lost already and for most people who know that already, how to gain that control back is something that they are eagerly looking for. I have seen a lot of gamblers try to visit shrinks, support groups and a lot of therapies just to be able to get out of it. As long as you are able to find something to control you when you cannot control yourself then it will always be of help until you are able to finally gain that control back, and this app of course sound like something that can be very helpful.
7795  Economy / Gambling discussion / Re: GAMCARE is part of the problem, it's not a solution! on: November 14, 2018, 08:21:31 AM
They are not doing that to actually make gamblers stop gambling, what kind of business would say go away we don't want customers. They are doing it for PR sake and telling people to stop but actually continue. They don't care about GAMCARE or any other way to stop them, any casino would prefer their customers lose all they have on their website, hell they wouldn't mind you selling your house and betting the money there all day.

We can't really expect anything less tho can we, I mean it is the casino, they are making money thanks to others losing, they would want you to lose, that is how it works. Now GAMCARE may not be enough, they might suck at what they do but even than it wouldn't really matter considering they are just a folly to make you think casinos even care a slight bit about you.
7796  Economy / Gambling discussion / Re: Is Block Chain going to be the only option for the Gaming industry ? on: November 13, 2018, 03:58:52 PM
All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?
Gambling and gaming are very different words. For gambling I doubt blockchain will be the only option because there are games that can't be provably fair, poker games for example can't be provably fair, most games that are human vs human can't be provably fair, which means blockchain brings nothing to the table any regular software could bring and that is why blockchain won't be the only option in gambling, it may get wider attention all around the world, there is still a piece of market share it can cover but it still won't be really big deal.

Gaming is a totally different word, that is for games and games have nothing to do with gambling, yeah in casino we call them "games" but gaming industry is totally different and has nothing to do with blockchain, blockchain games are getting bigger recently but that has nothing to do with gambling discussions.
7797  Alternate cryptocurrencies / Altcoin Discussion / Re: Yumerium and bounty hunters - Looks like a SCAM on: November 13, 2018, 01:02:45 PM
-snip-
Well, it depends on the reason why the participant's payment was reduced in the first place and that does not necessarily make them a scam. Unless it was not mentioned at first, but these days in most bounties, I am sure a lot of people who read rules often would have come across the aspect where the team always mentions that they have the right to make changes to payment in the long run based on the number of participants. So, if you were not comfortable with that you should not have joined, the problem is that a lot of you usually don't read rules.

Nonetheless, it is nothing new today that most of the projects we get to see today are being organized by fraudsters, which is why you should always try as much as possible to do your due diligence first.
7798  Alternate cryptocurrencies / Altcoin Discussion / Re: Woman Arrested for $450,000 Crypto Heist on: November 13, 2018, 12:21:36 PM
That's good news, thieves can be caught too, even though it's very difficult to catch hackers. We must be more careful in maintaining our account. Use a second password like Google Authenticator. This can be a lesson for bitcoiners.
I was actually surprised the person was caught and this simply shows this person is probably just learning and was not able to cover her tracks well which I know a lot of hackers are always fond of doing. Nonetheless, it is a good thing this lady was caught and hopefully will end up facing justice. Still, this does not change the fact that people need to always take security seriously, like their life depends on it actually. At this day and age, it is always absurd to see people still making use of abc123 as their password, and that makes me wonder, the world some people are still living in.

When the man checked his account after re-gaining access, he found that his cryptocurrency account was also compromised, leaving almost zero balance in the account.
At this stage, people really need to take security extremely seriously when it comes to cryptocurrency activities, knowing for a fact that there are so many people who are trying to reap where they never sowed and they are ready to wipe it all out. It is even a good thing that the culprit was found and arrested, and in this case, this must have been a learner. Sometimes for most hackers, you will really not even be able to get a chance at all to know who is behind the curtain, let alone get your money back or get the culprit arrested.
7799  Economy / Trading Discussion / Re: What are your experiences with Cryptopia (exchange)? on: November 13, 2018, 10:37:30 AM
have you ever used this exchange and if yes, would you recommend it?
Looking forward to see some of your replies!
I have used them only once and I do not claim to be expert on cryptopia at all because I am not but honestly considering all other exchanges in the market I think they are fine. They are not great or maybe not even good but they are fine.

I do not think they are scammers (never can be too sure about this) but they are definitely not great at what they do. They do not have much incentives to use their websites so people that are using exchanges like binance or bittrex do not really look at cryptopia and say maybe I should switch. I for example used poloniex for years and barely started to move to bittrex when binance came out and moved to binance quickly.

Cryptopia do not have that extra features or marketing to make you feel like doing that switch to them.
7800  Economy / Speculation / Re: How news influence the market. on: November 13, 2018, 06:39:41 AM
There is not much news about the crypto currencies spreading in these days because the market looks stable for too long in crypto market terms so the investors are just settled with the current situation of the market,only there will be changes if the bull run begins or else the market will stay at these level in the coming year also in my opinion.
There really won't be much news based on the fact that this market is purely manipulated in a way and the whales or larger players simply just want to drive the market the way they please, and at least we have seen some of these factors get to play out for a while now.

As far as I am concerned, news does not really have much influence on the market, and we always just want to keep looking for a reason for the market movement in most ways. This is a market which i even feel sometimes that it is driven by bots, and basically based on how the whales want the market to dance in their favor and nothing else, regardless of what the news is bringing.
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