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821  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ADA a good investment? on: May 06, 2019, 02:51:59 PM
ADA is a good for long term investment, Cardano is a good project and they are officially registered, with a marketcap of more than $ 1.7 billion certainly makes me no doubt about Cardano's future.
As mentioned cardano is truly good for long term investing, Another important thing about cardano, it is affordable for all level of people as it is low priced. From my understanding even in the long term if it reaches the ath that's been reached earlier it'll be a big profiting for all the holders of cardano. Growth too is confirmed as there is continued update and development is going on without any interruptions.
822  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be considered a Religion? on: May 06, 2019, 01:53:53 PM
When Satoshi put forth the innovation he was clear that there is no discrimination in its usage. Every level of people needs to use it, and the same is being made possible throughout. If bitcoin is considered a religion there will be some discrepancies and with that people will stop using bitcoin. Upon the same it should never be relative to any religion or should be considered a religion.
823  Economy / Gambling discussion / Re: What Triggers Gambling Addiction on: May 06, 2019, 01:05:44 PM
Gambling addiction happens mostly with users who have a fixed mind of getting or earning big through gambling. This keeps the user actively try to earn more and more through gambling even when he's losing. Other than this gambling addiction happens when an user finds a person next to him earning big through gambling in a short time period.
824  Economy / Speculation / Re: Another uptrend has shaped up trying to break $5600 again on: May 06, 2019, 09:37:39 AM
We are stuck for more than a year and maybe this year will be a great days for crypto. It is too positive to look that Bitcoin keeps on moving little by little and surpassing $5600 will be a step to finally takes bull run. We are too excited to witness it again and I really miss those days(2017). Do I believe that it won't happen again but at least we saw our market recovers after all.
The market reached high above $5800 soon after surpassing $5800. After reaching high the price of bitcoin have fallen low and now once again taking momentum reaching close to $5700. Maybe this time the growth will continue reaching $6000 which will take the market grow further towards a new ATH.
825  Economy / Speculation / Re: Will bitcoin remain above $4000 this time around? on: May 05, 2019, 11:59:54 PM
Since December last year that bitcoin fall below $4000 it has make several move of crossing above $4000 and it always get dumped after few days. I think a strong resistance has been created a little above $4000  and that is why we have not see a good recovery after this bear market.  As at this moment bitcoin is trading around $4,052 across most of the popular exchange and my question is will bitcoin get below $4000 again or it is on the part to break the resistance level that has been pushing it backward?
Nope we will not remain above 4000 because we will go above and will stay mpre than 5000$ and hopefully will go more and more like what we have in 2017 when we crash down the highest record of all times

This will be the start of the new beginning of bullmarket
Its been a month and we never goes back to $4k level after hitting the level of $5200. The price of bitcoin are more stable now and its the start to go up high. We can break all the resistance, we can go as far as we can and bitcoin will make that thing possible. We have a good speculation with bitcoin, so expect better prices this year.
Until $4200 there was predictions stating that the price could fall back to $3800 and reach a low bottom to $3000, if not it'll cross $4500. To the predictions everything happened in a positive way and the price crossed $4500, further the gradual growth continues and now it has made the price reach close to $6000 which is predicted to be the barrier for a forward marching to reach $10000.
826  Bitcoin / Bitcoin Discussion / Re: Indian Govt thinks Bitcoin is a ponzi scheme on: May 05, 2019, 11:37:37 PM
During 2017-18, the Indian Income Tax department sent notices to hundreds of thousands of individuals, who were suspected of dealing in crypto-currency. Here in India, the bureaucracy and red tape is so prevalent, that the recipients had to spend a good amount of money out of their pocket to hire CAs and send the reply. Almost every crypto exchange based in India was forced to shut down the operations.

Is that still the case? How many exchanges do you have left there?

All the Indian exchanges are closed. A few of the users have registered on exchanges such as Bitfinex and Bitstamp, but most of them are using P2P trading sites such as localbitcoins. But the government is cracking down on the P2P sites as well, by tracing the bank transactions. The risk is always there, in case you want to convert your coins to cash.

So basically there's no legal way for you to en-cash your bitcoins when needed? That sucks a lot. I never knew they already made it illegal, thought they were just restricting it.

I'm assuming the only safe way is to meet up and exchange cash in small amounts in person. Oh wait, don't you also have limits on how much cash you can have at home?  Angry
To my knowledge the restrictions were made in such a way that bitcoin cannot be used for products or in exchange for services. This way it hasn't limited the exchange for fiat. Long back itself the government have come up with a team to research whether bitcoin needs to be regulated or need to be banned. It might have warned people don't fall to ponzi in the name of bitcoin.
827  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC or ETH, what good to own now?? on: May 05, 2019, 02:31:17 PM
Both were good investment assets for long term until there is perfect bull run with bitcoin. Around a month back there is a large scale price pumping with Litecoin compared to ethereum. Further ethereum grew along with bitcoin and now there isn't much of growth with both. Both has got some special occasions to provide a big change in price. With ethereum there is a massive update and with Litecoin halving is scheduled for this year.
828  Economy / Gambling discussion / Re: Is bitcoin gambling really accepted in China ? on: May 05, 2019, 02:04:21 PM
It might be illegal for them, that must be one of the reasons why there are illegal-online gambling operators that are operating in our country which is owned by Chinese people. Our country is not that strict in gambling, that is why there are a lot of gamblers here.
I think its not fully illegal but if there's a law about this then you must stop playing if you're in China.
In the past days they are trying to destroy cryptocurrency and I think they are still on the resistance level to accept cryptocurrency. I can also play online anytime i want, and I really love my country for being supportive like this.
Now it is 2019, we've crossed three years from the day the thread has got created to know about the stand of China on gambling with bitcoin. In this three years time lot many changes could've taken place with bitcoin and the gambling in China. I believe there is gambling house with bitcoin acceptance and those were operational under high risk as China doesn't allow bitcoin fearing its loss in the money value of Chinese Yuan.
829  Other / Off-topic / Re: Telegram users on: May 05, 2019, 01:29:51 PM
That's truly helpful and I would like to share one of the experiences of my friend on telegram. He planned to sign up on Binance for his trading needs. He completed the step by step process and it requested for KYC and for some reason it didn't got verified. He simply searched Binance support on telegram and found a support profile with Binance logo. He began his conversation and he helped with step by step process and after some time mentioned that the wallet need to be funded with $1000 worth btc to make the identity get confirmed. He just ignored, further he keeps on texting whether the deposit is made. We need to be very careful, scammers can attack as through whatever way possible.
830  Bitcoin / Bitcoin Discussion / Re: Do you still bother to engage non Bitcoiners? on: May 04, 2019, 11:20:00 PM
I never bother until someone who himself gets interested and request me to give some explanation. For them I used to show our forum as well used to give the basic idea of what is cryptocurrency and the consequences faced in these days along with the need for such a evolution. Further is their responsibility to learn, make investment, trades or whatever upon their own risk.
831  Economy / Gambling discussion / Re: betcoin.ag review ( Sports book section) on: May 03, 2019, 11:11:39 PM
Myself as an user of betcoin.ag hasn't encountered any issues. For sports betting I prefer betcoin.ag and cloudbet over most other gambling sites available. With casino you could find lot of different games in betcoin.ag which is not that common with other gambling sites. In my view it is the one that accepted bitcoin along with most top coins into gambling years back when most others accept only bitcoin.
832  Economy / Economics / Re: Big risk ,big results. on: May 03, 2019, 10:19:16 PM
Doing everything and doing anything with maximum will certainly get maximum results too, getting maximum results will not have a low risk, because something you want to get is greater than usual, it will require skills and high confidence to do it. Not many people are willing to sacrifice more than they can, because most people will only make capital according to their abilities and of course that is a distant difference when compared to people who have higher skills and confidence.
Initial thing that needs to be required is the hard analysis about the market, further is the investment. Because I've come across people who have huge funds to invest, but without the proper learning they just invest without any research. At times luck gets them the winning profit. With this even if it is small investment big profiting is possible when proper analysis is made and invested at the right time.
833  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this really better than Bitcoin? on: May 03, 2019, 09:52:54 PM
There are more copycats of bitcoin, we need to learn and gain knowledge to segregate the good projects from the entire list. In seeing the thread I remember a project similar to this named fox btc, one of my friend who hasn't known anything about bitcoin invested around $2000 and informed me to invest, I ignored and now my friend realized as the investment has gone worthless of less than $50 and unable to sell as it hasn't got listed to any of the leading exchanges.
834  Alternate cryptocurrencies / Altcoin Discussion / Re: is advertising for ICOs unethical? on: May 03, 2019, 09:32:23 PM
If they really used so much money on advertising is unetchical and also if the project fail is a problem and the team should always think for long time and not put a lot of money on advertising, they should create something new which can make a project be successfull.
Promotion is a must to which there must be mutual development. There are projects that focus completely on promotion without a product and gains a good investment, and finally when launched it goes worth nothing leaving back a loss to all the investors. One such project that I participated and supported is the earth token which had a big hype and finally when listed the price went from $0.05 to $0.00015, no use of holding it anymore.
835  Bitcoin / Bitcoin Discussion / Re: Can you buy National Lottery tickets with Bitcoin in your country? on: May 03, 2019, 08:56:32 PM
In my state it is not possible to buy lottery tickets, it is completely banned. People travel to the next state to buy lottery tickets and their government has been supporting it and the funds were used directly for the welfare of the common people, yet they haven't got advanced big to sell lottery tickets for bitcoin. This might happen in the future as they've have provided access in buying lottery online as well.
836  Economy / Gambling discussion / Re: Regulating bodies on: May 03, 2019, 08:34:37 PM
As the Market is decentralized we can't expect things to be regulated. Everything done with a gambling website is just on trust, as the cryptocurrency user community keeps widening there is good competence within gambling websites providing better support and trusted services. This is how the gambling websites gain reputation and functions flawless.
837  Economy / Economics / Re: Don't stress too much due to the bear market on: May 03, 2019, 08:12:12 PM
The prevailing market condition seems to be the starting point for the growth. The price has increased big crossing $5800 today which is the continuation of the growth that got interrupted few days ago making the price fall and move around the $5200. There is nothing to stress as the bull market is in its early stage to make a big change in the market.
838  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be considered a Religion? on: May 03, 2019, 07:11:59 PM
Religion is far beyond what we experience with cryptocurrency. When compared to a religious existence bitcoin is nothing big, the technology that makes the market strong at any instance doesn't have anything to do with religion. There are people who stay away from bitcoin as they're unknown about the technology whether it is halal or not. I nsucb thinking one should not relate bitcoin to religion forever.
839  Bitcoin / Bitcoin Discussion / Re: Stop chasing the "next" bitcoin on: May 03, 2019, 05:47:30 PM
When something gains importance, we can more things with a name similar to the original getting into existence. Here very few among that has shown good growth which are forked from the main chain. Same time there are lot of scams with similar names. We need to be clear and should make people understand if you find someone next to us is gonna get into some traps.
840  Economy / Gambling discussion / Re: How safe is Bitcoin gambling on: May 03, 2019, 05:22:20 PM
Gambling with bitcoin is truly the best when compared to the fiat based gambling. People feel unsecure with some gambling websites and this is all because of the issues that has been faced in the past and based on the reviews. To be on the safer side one can use the gambling websites that has gained good reputation, apart from this if the user is much into choosing the best then he can create an account on each and every gambling website and experiment and make use of the one that gives the convenience in all aspects.
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