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921  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: June 19, 2018, 08:33:25 PM
If I have the bigger capital , I will invest in ethereum altcoin, because it is now very popular altcoin next to bitcoin , and aside it has a lower value than bitcoin , so we can afford to invest, and ethereum altcoin is now mostly used to buy some new launched token in the trading sites, and ethereum will be my altcoin to invest this 2018.


I think you have QLC AND MTH both will launch the mainnet at the end of this month and they are priced very well nowadays. Why am I talking about this coin only? Because only those I'm interested in, there may be more important coins / tokens but I do not currently follow so, can not really talk about.
There are lots of coins to look for, of course everyone will have different opinions and maybe everything is right in the end. You have an EOS that according to many people will be booming, but honestly I think it's losing HYPE from maintnet and we will not see big pumps at least for now.

This is good that you have cleared it before making any disturbance that you aren’t following them. It is okay, perfect if that is so. But let me add something here, choosing of coin, this is the best step and the most important one as well to take the way in your favor or against it. If this step is taken with much consideration and concern, you better be getting some handsome results.
922  Economy / Trading Discussion / Re: The best time to take profit in Trading on: June 19, 2018, 08:22:41 PM
The best time to take profit, It is when you achieve the amount of profit you set. And you should also look at the current market indicators. Then make a decision to buy or sell.

In such scenario, there are two options for you. You want to go for any one of them. Firstly, you may be restricted with some profit margin while trading. So whenever you reach that margin, no matter how market is moving up, you just sell for a definite amount of profit. The second one is, you try your luck and keep on waiting for the price to reach possible highest altitude and then sell.
923  Economy / Trading Discussion / Re: There is no such thing safe trading on: June 19, 2018, 08:18:34 PM
if ever anyone would say enter into this trade and you have 0% chance to lose than it is a suspicious trade and be very careful as the topic itself says there is always a risk no matter what before you enter into the market.
many users compare the roof with gambling, because there are a lot of risks to lose their money. In any case, you need to clearly know or study the prospects of those projects whose coins you will buy.
Actually this isn’t like gambling, not in at any cost. This is much sensible and respectable way of earning money while gambling is just a source of wasting that money. You are dependent on your luck in gambling and no skill is even helping to you. While here in trading, you are skillful, you would be making good results and vice versa. So there isn’t any equilibrium in these two.
924  Economy / Gambling discussion / Re: How gambling can effect the economy of a country [Part 3 - Australia] on: June 17, 2018, 09:15:10 PM
Would it be possible to also add the negative effects of gambling? I mean I'm sure that there's a healthcare cost for treating gambling addicts?
Maybe there are other negative aspects that have a certain impact on the economy?
Yes, gambling has negative and positive affects on the living and the economy of a country. as discussed here the advantages of gambling which are very true about the gambling and its benefits but we should also look into the disadvantages so that we decide about its existence and legality. In many countries gambling is illegal and the only reason is its bad habits and disadvantages but legal in many other countries due to its advantages if affected people are ready to pay the price.
925  Economy / Speculation / Re: BTC WILL GO UNDER 1K$ on: June 15, 2018, 08:47:57 PM
yeah, everyone is free to think about bitcoin, but I do not feel that it will happen just because of the current decline. I feel that the $ 1k price is a very cheap price for bitcoin at the moment. we'll see, I'm so sure the price of bitcoin will actually increase.
We should not discuss irrelevantly and should not give importance to irrelevant statements. I mean that always think positive and hope for good as we know about the market of Bitcoin and have seen it recovered many times. So always be optimistic as we know that the current market is not favorable for sellers but we know one thing more as it is favorable for buyers so get benefited with this market.
926  Economy / Economics / Re: Bitcoin Prices Are Falling Again. The Cause? on: June 15, 2018, 07:34:31 PM
Quote
Bitcoin fell 2% early on Wednesday, dropping as low as $6,385. Other than one brief period in early February, when the cryptocurrency dipped below $6,000, today marks the lowest point for Bitcoin in 2018.

The latest Bitcoin crash appears to be a reaction to the release of a new study by University of Texas-Austin researchers indicating that Bitcoin prices were manipulated last year—when Bitcoin soared from $800 to nearly $20,000.

The New York Times report on the study explained that a “concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year.”


The research, conducted by University of Texas finance professor John M. Griffin and graduate student Amin Shams, presents evidence that another cryptocurrency called Tether was used to purchase Bitcoin after market downturns, thereby propping up Bitcoin prices.

“Tether seems to be used both to stabilize and manipulate Bitcoin prices,” the researchers say in the study.

Tether was created by a crypto exchange called Bitfinex, whose executives strongly denies the claims. “Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation. Tether issuances cannot be used to prop up the price of Bitcoin or any other coin/token on Bitfinex,” Bitfinex CEO J.L. van der Velde said in a message sent to Business Insider.

The University of Texas researchers tracked millions of cryptocurrency transactions last year, and say that the “patterns cannot be explained by investor demand proxies” and instead seemed to arise through the strategic use of Tether.

What’s more, this scenario brings with it the possibility of huge profits for Tether creators, the study states: “If Bitcoin prices increase, then the founders can cash out the acquired Bitcoins into dollars, likely at a slower pace and on an opaque channel that has less price impact than their initial buying behavior. If the Tether issuers wish to legitimize Tether and avoid scrutiny, they can convert some of their cryptocurrencies to U.S. dollars and retrospectively provide dollar reserves for Tether.”

After skyrocketing in value in 2017, Bitcoin and other cryptocurrencies have collapsed through much of this year. Bitcoin fell 40% during the course of one week at the end of January, and cryptos like Ethereum, Ripple, and Litecoin dropped more than 25% in a single day. The cryptocurrency crash is still happening today. Litecoin, for one, decreased to a new low for 2018 on Wednesday, hitting $97—a dip of nearly 75% off the all-time high of $379 in December.

Much like the sharp increases of 2017, the steep declines for cryptocurrencies over the past few months are hard to fully explain. Most observers chalk them up to a combination of countries cracking down on crypto exchanges and investors either seeking to cash out their profits or eat their losses. Or more people could be accepting the premise of critics like billionaire investor Warren Buffett and Nobel-winning economist Robert Shiller, who basically say that Bitcoin is a scam, or at least a bubble that’s bound to pop.

Hackers and the possibility of price manipulation seem to also be concerns for crypto investors. After a South Korean crypto exchange said it was hacked last week, Bitcoin tumbled 10%. In addition to the new University of Texas report on Bitcoin price manipulation, U.S. investigators are looking into whether several cryptocurrency exchanges have been manipulating prices, the Wall Street Journal reported last week.

In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.”

http://time.com/money/5310924/bitcoin-price-manipulation-tether/

I haven't yet read the study which claims a link between tether and bitcoin. My initial impressions are its a BS claim. Tether lacks the market cap to significantly affect bitcoin's price. The amount of purchasing volume necessary to manipulate the price of bitcoin up near $20k is far in excess of bitfinex or tether's net worth. If the price of bitcoin was manipulated there are far better ways of explaining it. Crypto exchanges which lack trade commissions are probably a better explanation for market manipulation as it could allow traders to buy and sell to themselves on multiple accounts on an exchange without incurring significant losses.

The last line of this article seems to contradict itself:

Quote
In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.”

This is what comes to mind, reading the last part.



The idea of a crypto market being "enslaved" under surveillance and monitoring, in order to achieve "freedom" could be a form of "freedom is slavery" political posturing.

If the context is correct.
Look at the general factor as we say demand people are responsible for the alteration of price. We further know that the demand of people depends upon speculation. Like the developed countries speculate the market and now we will be having a good market is the upcoming days. The negative perception of people is the main problem, once they understand that how benefited Bitcoin is then the will must be investing in the market and price will rise up again.
927  Economy / Gambling discussion / Re: Frustrations: Losing Streak on: June 15, 2018, 07:24:07 PM
one form that must be passed for the gamblers to win here the test and the trial that must be passed if we fail the stress will hit us because the gamble is full of emotional ties.
Absolutely right but first a gambler should judge himself if he is going well then it is okay to continue gambling. On the other hand if a gambler is not comfortable so he should stop it because it may lead towards loss. The first priority is to master your self in a game and then start gambling after which you will know how to make instant money and the probability will be yours.
928  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: June 15, 2018, 07:15:31 PM
I just read one article that's about math can help you win at roulette game then i want ask with you all, did you believe math can affect to gambling games? i'm not expert in math so i don't know


this is the article that i readed.
http://theconversation.com/can-maths-help-you-win-at-roulette-69440
I think the only formula that may help in gambling is probability for roulette games, but i still believe math cannot affect to gambling games even you used probability because probability is all predicting the chances. I believe it is all about luck, so if you wanted to win you need to have good luck.
You are right about it but you know that probability also involves maths rules and steps going on are of maths. This is more relevant about this statement that only one thing which can help you in gambling is probability and because there is equal chances of winning and losing so you will need to know about the others turns and then you will decide the probable action to take place.


That probability which we use in math is very much different from the probability of gambling. Thinking of this probability and relating math with gambling doesn’t make any sense to me. Math doesn’t plays any role in the winning or losing of the person in gambling because the only thing that matters is luck. Poker is the only game where your probability can be helpful.
You are right about the exceptions and the specific games in which probability is helpful like poker and I appointed exactly the same what I mean to say. Probability and mathematics is useful in some games. In basic maths we study counting numbers and addition, subtraction and other rules, so let me tell you these rules and taking place in the teen pati game and other card games so maths is useful. Tell me, can you give 4 cards to one person and 6 cards to another person in one game? No. because you have to distribute equally and hence maths is involved.
929  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 15, 2018, 07:08:18 PM
Everybody was thinking that Russia would have it difficult this WK and even this match, but the home advantage plays a big role. 5-0 is a score I didn't expect, but it gives a signal to the rest.

A high score of 5-0 prove in fact that there is 0 home advantage and there is 0% of luck.
The Saudi team is weak and the Russian played well, besides Putin was there so no jokes (just kidding) and the big idiot Saudi crown prince was also there so in his face  Grin

This match was expected but 5-0 really I was not expected, thought Saudi will give good fight but it became one side game. Russia played an extraordinary game today the crowd was enjoyed a lot great start from Russia. Congratulations Russia.
Yeah, it was a wonderful and unexpected match as we saw the two powers collided today which resulted with 5-0 match result. This was the first match of FIFA world cup 2018 and we saw all the spirit and thirst of people broadcasting on sports channel. The two teams played well but Russia did extraordinary performance and won the game by 5-0 which is a great achievement. Hope we watch tough matches next, tomorrow is Spain vs Portugal and I am supporting Portugal.
930  Economy / Trading Discussion / Re: Trading or not? on: June 14, 2018, 11:32:58 PM
do not trade if you do not have the required knowledge, because the risk of losing in this case is very high. If you have a good knowledge of trading then you can try it, it is considered as one of the most profitable ways for an experienced person
well you are right. trading takes a great deal of consideration, because every step you take there will be a considerable risk there. so, searching for information in advance is the right thing. for the experience, you can get it while doing it, and I feel that this time is a very good time to trade.
The current status of the market encourages people to buy as the market rate of Bitcoin is low which is 6.4k dollar. Current price improved a little from the yesterday’s price but still it is low and is below 10k dollar. So it is very clear that market value of Bitcoin is less than 10k dollar so this is a good time to buy and should not wait more. This decision can change our future profit into maximum profit.
931  Economy / Gambling discussion / Re: The way to win in gambling on: June 14, 2018, 11:23:39 PM
Depends on the game.

Some games are pure chance like the lottery. No amount of positive thinking will change the outcome.

Other games are like poker where your positive thinking can influence how well you perform and how well you do at the game of chance.


I don’t see such games in gambling in which one can easily win just like a lottery without putting efforts for it. If you can list out some of these games, please let me know so that I can also earn some real money from that because every time when I go to gamble, I lose some of my money because I play the games which require some hard work.
932  Economy / Economics / Re: Economy going up and up everyday on: June 14, 2018, 11:07:02 PM
I have never believed the government's reports on inflation and the state of the economy. They always say that the economy is growing but people live worse. So long can not continue and therefore periodically there are financial crises. I don't see any signs of recovery in the world economy. All countries are now waging a trade war. Do you think this is because the economy is doing well?

Economy is not government growth. It people growth. People growth us country economy growth. But some people don't know the economy process and people will be thing this economy is currency. But economy is not currency. It part of the country people growth. Bitcoin is help people future growth. So if people will be growth. Country will be growth. Economy will be growth in country other country will be increase and star the new business.
A country’s economy depends upon the GDP rate and most of the countries are working hard to increase the GDP rate. However some countries made wise decisions and adopted the valua ble currency Bitcoin and using it for exchanges and import export and in public places which boosted up their economies. These countries are improving with the passage of time and this is due to the use of valuable cryptocurrencies.
933  Economy / Trading Discussion / Re: Big gains come with big losses on: June 14, 2018, 10:57:24 PM
Yeah Me too. I experienced that too. I gained so much but it the end I have loss a lot. Maybe you cannot blink of an eye and make watch to market.
Well, it means that you are learning from your mistakes and making those failure as a ground for you to be enlightened, I myself don't let my big losses in life as failure but as a foundation for me to become braver and can handle and face things and challenges in the future.
It is just depends upon your thinking ability, if you are thinking rightly then you will never follow this perception. If you are making wrong decisions then you follow this perception, though it is an old perception too. It is true for those who are working without knowledge and face with loss and then slowly their minds start working and learn from their mistakes but we know that the modern world is very fast and this perception is not relevant here.
934  Economy / Economics / Re: Economy in your country on: June 14, 2018, 10:53:55 PM
An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.

Economy in my country is pretty bad, im here in china and still my country is fighting for cryptocurrency legalization in the country but ico's are still acceptable and everyone can invest, the only problem is that there is no market to sell my coins.
The GDP rate of my country increased 4.71 percent from the previous year and this is due to the hard work of my country and government. This is a very good achievement and the country is improving but still the country has not reached even in competition with developed countries and it needs more work. Since the currency is not so valuable so I think further improvement is possible if we use a valuable currency.
935  Economy / Speculation / Re: Bitcoint to $1,800 USD by end of 2018 on: June 13, 2018, 08:44:18 PM
Nope that will never happen. Bitcoin will not go down lower than 10.000$

Bitcoin will go below $6,000 for the second time now. Heading towards $2,000
It is impossible for bitcoin to go below 6000USD and then you talk about 2000USD. Bitcoin is a well developed currency and we can’t match any other currency with this because it is far better from all of them. The demand of bitcoin is rising day by day so I think this will greatly increase its price rather than decreasing it. I think the future of bitcoin is bright and its price will increase in future, not to be decreases.
936  Economy / Speculation / Re: Is the Bitcoin market going to collapse? on: June 13, 2018, 08:35:41 PM
My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.

In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.

So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.

Too fast to mention the bitcoin market is about to collapse, bitcoin is very strong and it is unlikely that bitcoin will collapse quickly. It's just negative thinking that is too panicky with the situation.
In reality no one know about the future of bitcoin but still people keep talking, either good or bad but they talk about it and I think these are just negative thoughts of some people about bitcoin that its price is going to decrease now. This roomer not a new one, from the very first day some people were saying that the price of bitcoin will decrease with time but it didn’t and I think the same thing will occur in the future. 
937  Economy / Speculation / Re: Bitcoin $21,000 in year 2030 on: June 13, 2018, 08:15:19 PM
"Bitcoin has now gone 173 days without a new high.  Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run.

Bitcoin fell from $7500 to $6700 today. If bitcoin goes to $21,000 (new high price) it will be in year 2030 only
If the price of bitcoin increases or decreases, it is just normal it doesn’t mean that it will decide its future so if it decreased today, then it may increase by tomorrow, we cannot say anything about it all the statements about its future price and market are just guessed by the people, no one has a solid prove about it so it’s better that not to be involved in it and think negative.
938  Economy / Speculation / Re: Expect price to go up or price down? on: June 13, 2018, 08:07:50 PM
I always expect a price increase, but at this time there is a feeling that the price will drop a little
With the passage of time bitcoin will regain its price and will increase instead of decreasing. We can’t say anything about it because its price increases and is then decreased within seconds. I still think that its price will increase than the present with the passage of time. Bitcoin is a well developed currency in all the digital currencies and I think anytime its price can jump to high.
939  Economy / Speculation / Re: BTC WILL Go 5K . on: June 13, 2018, 07:55:30 PM
many people predict bitcoin prices will go down, and yeah even it could be under $5k if you have a lot of money better hold and buy when low prices, but if you don't have a lot of money. sell now and wait for the price down to buy it, it's also a good choice. like a lot of people said that this year it is difficult to increase, as you can see many people predict price increases in 2019 and 2020.
my choice to hold some of it, and all in when prices really fall under 5k.
I think presently it is not possible for bitcoin to decrease its price too much. Still people say many things about it some people say its price will in increase in the future while some think that it is going to decrease in the near time but in reality no one knows about it and it is very hard to say something about its future because its price is variable and it varies within seconds.
940  Economy / Gambling discussion / Re: Do supported payment options affect your choice of an online casino ? on: June 12, 2018, 09:02:37 PM
It is a factor to consider in choosing an online casino. Think of it like going to a real casino and they only accept one currency and no cards accepted. I don't think that casino will stand a chance to the other casino's nearby that offers more options to pay and play. Same with online casinos, more options is better than sticking to just 1 or 2. Even in online stores, offering numerous payment option is an advantage. You can't assume that everyone is holding the same coin or currency.
I think yes the payment support matters because one must be sure and should satisfy himself before going into any online or offline casino. Moreover the type of a currency and casino also matters, one should always go for a well known online casino because millions of scams are also found worldwide so one must go to a good casino and also should select a good type of currency for a fair profit in gambling.
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