South Korea has been in favor of crypto for a long time. Not only that they cut the 30% from blockchain taxes and all that but also even having a crypto tax and law to begin with is amazing. There are still third world countries and over a hundred of them that do not posses any laws strictly about crypto.

There should be crypto laws all over the world because we are using it and we are not going away anytime soon. If there is a money to be made from this than countries with no crypto law should start to consider making one otherwise they are basically losing money from it. I have been making money from crypto for over two years now and I have not paid a single tax.

Not because I am trying to hide it or even not pay it but because my government doesn't see crypto as money and acts like its play money hence I can't pay taxes even if I want to.

He is just trolling people at this point. I mean not like he trust the things he says, he knows what he says will not happen, not only the million dollar projection but everything else, look at his non-crypto stuff, all of them are extreme stuff, this guy is just a big troll who is getting paid to be a troll. Even his own company doesn't want to be a part of his deal and the only thing he has connected with his company at this point is his name and his shares (that is unless he sold them).

He is just basically trolling people here and there and has fun doing it , hell even gets paid sometimes to shill some bad coins as well. What better way to live for someone like him, he gets the attention all the trolls try to get because of his one good job and name and that's it.

I think it is the amount of time to amount of money you spent on gambling. If you are spending less than 1 dollar an hour of gambling then you are kind of winning. Not winning in the money sense but if you spend time on something for an hour and spend less than 1 dollar on the hour that is really worth it.

For example, I try to calculate how much money I have spent on gambling and how many days I have gambled (its hard to calculate the hours every time, sometimes I forget to check the clock) and so far I spent about 3.5 dollars per day of gambling in the past 6 months, that to me is easy.

By the way this is not every single day, not like I have spent 3.5 dollars every day on gambling, this is 3.5 dollars on each "gambling day" which is probably like 100 days at max. So if you can drop the price low enough to make it less than 1 dollar per hour, the entertainment value is enough to say you are winning.

There are two types of trading are available: day trading (scalping in forex)  and positional trading (long-term trading in crypto).
It means you can approach trading either in gambling way or you may trade like a professional. It is up to you.

There are many similarities and at the same time there are big differences between gambling and trading. How we are approaching these is the big decider here. You should make sure what you're doing and why you are doing and that is being called trading and you can do anything at any time by just listening to your emotions is a way of gambling.

I believe we can go for trading in gambling way (then results also might be similar to gambling) and at the same time if we approach gambling in more determined way, still there will be less possibility for obtaining the desired results in gambling. This must be a another difference between trading and gambling.

Governments (and even our creator or God) are always careful on making us active and hard working. This is a balanced world and it should be working how it is already being. I am not against communism nor socialism but I support; work hard for food.

If everyone is able to mint gold in their bedroom then why an Uber driver will pick you up by 12 AM mid night in an airport or why should I be writing here by scratching my lazy-poor mind ? We are all working hard for a balanced world. Your money is not meant for holding. It is designed to spend on everyday's needs. Governments want a cyclic movements involving working hard and get rewarding. Hard workers are able to get money and save money. Your savings may buy you some deflationary things like properties/bullion and in modern era bitcoin. Only these things will gain value over time and it does not mean lazy people are making easy money. They got brain to invest into them and finding reward for holding them. Still, a balanced system.

Imagine, if your government prints money and gives all the people in your city each $1000/$2000 which is enough for a luxury life for a month and they promise for same money for every month. Will you get your milk pocket delivered on your door step there after ? Your street corner super market will be shut down as its owner plans for a long vacation.

Someone or something is needed to make all of us to run after something so that everyone in this world will be busy (for not disturbing others ) hence the system will remain intact. Government is taking care of that "needed thing". They got power hence they are influencing in making this world to be balanced, it is being done through printing money as of now.

I think that's why we have wars to begin with. When a place is too chaotic and can't be recovered quickly they are basically calling it a reset button. Usa goes into places like iraq and so forth, get all of the money from Saddams vault and gets it back to oil companies and whatever as well. Which means USA makes their economy alive again.

Why did the USA had a crisis in 2008? Because the economy was prospering thanks to the war, people getting more money from another country, spending it, getting oil as well, making stuff cheaper, and life was amazing, as soon as that money dried up they started to get into a crisis. The way countries make money is either normal warfare or economical warfare and try to come out on top, thats why debts are unimportant because if the day comes that debt is too much, they will get someone else to pay it for them anyway.

It won't work. I mean bitcoin is great and all but Russia will not be capable of spending 10 billion dollars in bitcoin for anything of value, what are they going to do book hotels on Expedia and get the money back to their country ? The problem is not what money they use, it is the sanctions that do not allow them to do shady stuff and as long as they want to use money on shady stuff bitcoin is as close to as possible but at the time of cashing out it will still create a problem.

The day USA decides to freeze all assets of certain dangerous Russian people even tough whoever decided to freeze the assets will have their life on the line for such a thing it will also stop Russia to do shady stuff like they did with NRA. They literally got into an important NRA level position and gave money to shady politicians, this should always be held accountable and bitcoin won't help them on that.

You can look at the charts and use either the past low volumes or you can use the past bottoms and no matter what you use in the end none of it will matter in bitcoin since it will only react to big things and not the charts. You think bitcoin dropped from 20 thousand to 4 thousand dollars because of some chart indicator showing it should ?

Look at all the people 2 months ago that said bitcoin was bound to go up from 6.5 thousand dollars, every chart I saw here was telling me how it should be going up really soon. Then what happened ? Bitcoin cash war happened and the price is now at 4 thousand even lower prices. Hence, it can go up or it go lower but in the end whatever happens it will happen not because charts but because something big happened, either going down because some bad news or going up because some good news but in the end it will move according to them.

Eventually, right now there are not that many people that want to buy bitcoin that overshadows the sellers. Last year for example price went up to 20 thousand dollars not because bitcoin got more valuable but because there was too many new people who wanted to buy bitcoin and there wasn't that many sellers that can cover it so the price went higher and higher. That was the reason why bitcoin reached 20 thousand dollars.

Same could happen at any given time, if people want to buy bitcoin too much and there are billions of dollars ready to buy bitcoin whereas there are maybe a billion at most that is ready to sell eventually people will start to offer more for each bitcoin increasing the price. That is how the economy of bitcoin works, scarcity is always a thing in the play, only can be felt during bull runs tough.

Instead of making us all understand the way their exchange work why do not they just hire a proper UX artist and make the website actually easy to use? I mean I can use bittrex, poloniex, binance and bitmex pretty well and know where is what and pretty much memorized all the things I need but that is because I used it for a long time, every time I started any of them I had to try to figure out where is what and so forth, to this day I have to use the affiliate advertisement thingy to go to my affiliates because I don't know where the button is for it.

I mean just hire a damn good UX person and make it proper instead of putting the burden of figuring it out on the customer. How hard and expensive could that be? It should be quite easy to do since all functionality will be same, just the looks of it will change, even a small javascript/css change could make them so much better.

We should preach the bulls markets, we just should not preach the so called "experts" since literally noone can see the future and this is a unregulated space where anything could happen at any time.

For example, no so called expert could have imagined craig selling 38 thousand bitcoins all at once which means there are still a ton of stuff people can't see and can happen at anytime, maybe there are people with much more than 38 thousand bitcoins out there and just as we thought we are going up they will sell it all at once and the price will drop significantly yet again. Hence, experts that say bull is coming is not something we should neither care nor preach, they are phony people who are trying to get their names heard. BUT we should preach bull markets and hope that it will come soon.

Right now, we are in a pickle. We don't know if crypto currencies will have a bull run or not, we are at a level where either we are going to go really high or we are going to be here for a while. That is why it is not a really good idea to invest into projects right now and just keep your money at high level coins. Why? Because, if you invest into a good project more than likely you are not going to get great returns until a bull comes and at that time you can make money with any coin anyway.

Nevertheless, if you somehow manage to invest into a scam project you will lose all the coins you invested. So, for little amount of profit chance you are risking everything. However if you invest into stuff like bitcoin, ethereum, litecoin and so forth there is really no risk since nobody can just close shop and leave since they are decentralized.

"Best" is a subjective term, if you want marketcap get your coin listed at binance and you are done. Any coin that is listed on binance will get some eye brows raised at first. You will have a proper volume and even trading bots will keep it high until a point. It means if that is what you are looking for you can't get any worse than Binance, just pay them the huge sum of money and recoup that eventually when your coin value increases a lot.

However, if you are looking to get your name heard than instead of spending all that money into one place (which still works) you can instead share it with 20+ other exchanges and divide the money into those places and instead of having your coin listed at one huge exchange you will be listed at 20+ smaller exchanges and everyone will know you. Its just about what you want out of getting listed.

The problem with Americans is that they think the whole worlds problems are on them as well. I mean when something good happens the old people try to take advantage of it but the so called modern new young leftist people think that when USA does something bad they affect the whole world and think that they owe the world an apology. I am sorry but economical problems have been something for centuries and even before USA was a country.

The empires that raised from nothing and than crumbled out of existence all had gone out because of the economical problems created by sustaining by war and when war was over they had no income to sustain the system they built. USA just having that problem like any other big empire while all of the world still turns around the sun like nothing happened because when a problem happens in X country that doesn't have to be on USA all the time, sometimes you do go to places like Iraq and create problems of course but aside from that any problems in some small country is not because USA did something wrong with some law.

It has been a long waiting game for all of us. Ethereum postponed their hard fork if I am not wrong, we are still waiting on SEC, we are still waiting on Bakkt. I mean 2019 is just 17 days old however we have been waiting for something to happen for the past 17 days with NOTHING moving at all. I mean I understand 17 days is nothing in a 365 day year and we should be seeing something proper in the next 1 month or so but I was expecting the price to get up in the anticipation of the upcoming news.

Usually when something this big happens the price doesn't go up or down after the deal goes through, it usually happens BEFORE the deal happens which means since SEC and Bakkt is so close there should have been some sort of increase by now because it is getting closer and people would be getting ready for it.

You think they posses wealth at all ? I mean you think a Venezuelan who is having trouble finding food is going to just put their "wealth" into bitcoin somehow ? This is a whole country that lost weight because of how poor they are, do you really think all they care about is money at this moment ? I mean think about it, even if you had all the money in the world, the country itself is running out of food constantly, whenever they manage to gather enough money together they try to get food from other countries and than it ends very quickly and they are hungry yet again.

People died of starvation there every single day since this problem started. You think those people should just put their money into bitcoin? What money, what wealth ? We are talking about people who die of starvation, there is no wealth there at all.

Bubble is not something you can actually call right away when something falls off.
With that logic apple was in a bubble and that bubble burst. Can we call what apple or amazon did a bubble ?
I don't think so, we all know apple and amazon will continue to grow and grow and eventually be double and even triple of their value right now.

Hence, just because something drops down a bit from its peak doesn't mean it will never pass the peak again, if you believe apple has a chance to grow bigger than its peak one day, why don't you trust the same would happen to bitcoin ? Maybe this drop is not bitcoin related and the market caused a chaos among investors which affected bitcoin first and stocks later on ? I doubt we can call this a bubble, it is a correction which we will recover from one day.

Even making x10 on the long run is impossible on gambling, you will end up losing all your money after a while. So, trying to turn 100 dollars into 10000 dollars is basically mathematically almost impossible. It is still possible considering you can spend 100 dollars couple times to restart the project (which means you spend more than 100 dollars but not at one time) and if you are lucky you can hit couple decent runs that will help you get started at first and if you can get that first good runs than couple bad runs won't ruin your profits and you will continue to have a bit of luck and you can reach there.

It is seriously impossible to beat the odds that many times over and over again but if one is so inclined to test it eventually they can hit it after certain amount of tries.

Basically online casinos dropped the costs of gambling so low that big casinos can't afford to give you the old times good entertainment anymore without making a loss. Las Vegas still holds as the biggest place but even there you have to go to the big scenes and spend a lot of money to have fun, otherwise the small places are still bad because they can't really make a profit unless you lose a lot of money and people still prefer online places anyway.

That is why casinos are not as good as they used to be because they are cutting the losses. 20-30 years ago those places even the small ones called upon a celeb to be there even if it was  C-List celeb. Right now, they are run by old cleaning ladies and old security guards and college students. When costs are dropping online, establishments had to find a way to cut their costs as well which took away from entertainment value.

The number one thing to consider is how big the coin is.

I know some people prefer to invest into stuff that is small so they can make bigger profit when it gets high but when you invest into something looking at the price you are bound to be sad.

I have seen people investing into reddcoin or doge or stuff like that because the price is "low" in satoshi and easier to go higher however they forgot to check the marketcap and the marketcap usually shows why the price is low since the number of coins is insanely high.

There are people investing into stuff like swisscoin because its "just one satoshi, with 2 satoshi I can make double my investment" whereas coin just gets destroyed and you can lose that 1 satoshi as well. I mean what you should do instead is to divide your investments into multiple coins like bitcoin-ethereum-ripple-dash and so forth to make sure you won't lose all of your investment.