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I guess that the issue they have is with cryptocurrency and not trading generally, if you look at FOREX trading, even government do participate in it and has lots of companies set up to also trade on behalf of government with government money, but looking at cryptocurrency, they are yet to still understand the technology of cryptocurrency, and we cannot rush them into knowing about this new system, with time, it will gradually creep into their operations too and they will learn to accept it.
We already have some countries that are already friendly with cryptocurrency, and they have no issue trading it, so long it brings development to their economy financially, what I thought UK would do is to bring best hand that will understand how to trade cryptocurrency, so they don’t lose their money to best hands in other countries if that has been their fear.
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I had a few friends who did this and found success from it. I believe they used Amex but also be super cautious. The rules may have changed since 2017
Any other info on what they did? Any numbers? More info? It would be interesting to have a current list of credit cards that allow this in the USA. When a person buys Bitcoin with a credit card do any risky purchase alerts go to the credit company? I usually would not buy into the idea of using credit card for cryptocurrency as it would still leave the system of cryptocurrency opened to being monitored by banks and government. All credit cards companies are licensed government agents, except few that are privately run, and if those credit card company accept the use of cryptocurrency through their system, it means they must have signed an agreement with the government first that the user data’s and transaction over crypto will be known, and this will enable the government slam tax on such person. Credit cards too will have their percentage fee that they charge for their services and this might be much too for cryptocurrency, just like was PayPal is quite high. |
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I notice that some coins that are already in the market are doing bounty campaign again like Credits, Veil Eterbase and among others, do you think it's important for a coins/tokens that are already listed to run a bounty campaign from time to time even if they are already listed in exchanges.
If they are doing so to raise fresh money like pre-ico, then it is purely a scam, but If they are not doing so to raise fresh money like PRE- ICO, then it is very wise of them , because this is the one of the ways they can constantly remind users/investors out there about their existence, they have to do lots of things to attract more people into their platform so as to continue growing in their community, and so that their value can also continue to grow in order to favor existing customers already and their market. Moreover, this shows that the altcoins season is gradually getting extremely near, because this is the time you see more of these projects coming into the market to start creating awareness for their project again, for investors to be able to invest in them during the altcoins season. |
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There has been a moral discussion going on at reddit about the Marcus Morris situation. Spurs offered him 20 million dollars 2 year contract (10 million each year) and he said he will sign with the spurs, everything was basically done and even on roster updates it showed Morris on spurs as well, just like how all deals are done before the signature (teams even have a verbal deal before FA opens as we all know obviously) but then knicks offered Morris 1 year 15 million dollars and now Morris says he wants to play there instead.
Now, at one point people say teams do this kind of stuff all the time, remember when Derozan was sent for Kawhi after he was told he is franchise player and won't be traded or IT was traded after he played his heart out for Celtics even after his sister died, so why not a player should do it as well. At the other side it is normal for a player to want out but during the FA stage he made them waive of Bertans because he said he would come but then decided not to so now Bertans is gone for nothing, he could sign with another team but then he shouldn't say he will sign with spurs to begin with. What do you guys think?
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i appreciate all the suggestions and advises. I have moved on and learnt my lesson and i discovered it was one of those scam sites.
I always knew it was a scam site even though it was not mentioned on the post. It good that you have learnt but please subsequently, I advise you do a proper check on a site before gambling. There are too many casino sites out there to defraud young and aspiring gamblers and the way to avoid being scammed is to read about a site before gambling I personally don’t play on new site because I found out the problem is more with new sites, better to play on existing sites at least one can be sure they wont crash anytime soon and the reputation can easily be measured, because for old sites, they still value their reputation and wouldn’t want to tarnish it. Scam sites do not only exist to defraud new gamblers but as many that are unable to resist greed, be it old or new. There have always been scam sites and it didn’t just start today but careful and meticulous gamblers like me just have a way of avoiding their tactics. I understand that new ones are coming up by the day but they all have the same strategy or very similar strategies so it makes it easier to identify them. I think the best like you also mentioned is to identify learn to identify scam sites and one way to do that is by reviews and also to avoid sites with any history of fraud. Like what I do, Is to avoid sites with too many freebies, this doesn’t make all sites that do this fake but I just feel most site that do that are more concerned about gamblers coming to lose the money back on their site. This is just my perfection. If you know other ways to detect gambling site please do well to share because from my little experience this guys have really step up their games and made it more difficult to differentiate them from genuine site. My experience with scam sites is one of the reasons I have stopped gambling for a while now because am tired of wasting money on gambling site. I also do not see anything wrong with freebies, this is what I even like most and I put it as a consideration in choosing a site, it doesn’t make the site scam, there are just so many sites that give freebies and still real, its just so unfortunate that there are too many strange sites with the intention of taking money from gamblers. Frankly speaking, when it comes to reputation I think gambling sites have completely lost it. I don’t even think it’s a concern to them at all because if it was, measure would have been put in place to correct some flaws in online gambling that has made gambler trust them. I just feel all the casino sites care about is how to rob players of their money. There is no difference between them all, and I can say that all online gambling sites are all the same. The only difference is that some are persistent defrauders, and what I mean by this is that some have been and will continue to be in the business, and some of you call this ones familiar sites while some are temporal. These are the ones that disappears after meeting up to the targeted audience they wish to defraud. Beware people, run away from gambling and its activities. |
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Bitcoin Cash market cap is 4% of bitcoins, it has nowhere close the hash-rate/security, half its nodes are on amazon web services, and half the transaction volume is coming from a single address. I could go on. The community also scams people into believing its bitcoin. This crap needs to be delisted across all exchanges.
I don't see how Bitcoin cash is deceiving people to thinking it's the main Bitcoin. The main Bitcoin we all know will always be Bitcoin and nothing else. Any other name that has something attached to it is not the Bitcoin we know and that will be fake. If they are really Bitcoin, then it wouldn't have the cash attached to it. Bitcoin Cash remains what it is. I even see some of the losers that has invested in the shit coin bragging all over the internet that they are doing the right thing. Well, no matter how bad something is, there will always be those with screwed minds, supporting it. |
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I know people in this subection are probably going to be against this sort of rhetoric, though I know that most people here are avid gamblers. Which is fine, though there is a problem that arises when you gamble all the time -- you're not going to be making any money, and all you're doing is losing.
Wouldn't you much rather invest in the bankroll of a gambling website, so you'd be able to make some money off of people like you?
I do understand that there is risk in giving other people access to your BTC (or whatever coin you choose) though that same risk is present when you gamble and put coins on the platform.
Okay here is the reason that some people are not going to consider bank roll. You invest in bank roll and you make a percentage based on how much you invested. Most of the people you see gamble with just little money and they keep trying their luck to win. If they are going to need to invest in bank roll that means that they are going to need a bigger amount to be able to make big profit and they are not even sure to whether the bank roll they are investing is legit. But whatever… it's all about risk. That's definitely true you're not going to triple your bankroll investment overnight but the risk isn't the same, I think it comes down to diversifying your moves. We could invest even in the small money, but we cannot expect to get a lot of return from the investment. But still, we could get a nice profit if we have the patience to see the investment will grow bigger. But that will not always guarantee for us to see the amount of the investment will go to bigger because there will be a time for the investment to reduces, especially if the house loses some money. Anything investment is meant for patient people and a good investor understands that the return is always very small but with patience it grows big and meaningful over the years, I think is just better to commit an amount of money that doesn’t really have effect on our financial base and forget it for a while. The good thing about investment is that it would always come back in bigger fold. But for those who do not have patience, there is an option of learning all the skill and strategies in playing, so it’s important to learn so as to be getting constant money, I know of people who make their daily living from gambling but at the altar of sacrifices, nothing comes easy. |
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Just imagine there are whales or high roller do you think they would use a site that would giveaway their real information?
Just imagine a site that would use your real name when you are chatting and when other players view your profile it would show your personal details such as your name and other stuff .
Do you think that they would continue to use knowing that some people would target them in real life?
Anonymity in gambling is what we are looking for and for that reason we are avoiding a gambling site with a KYC to know that our personal data isn't required and we could play safely.
Honestly bro, it makes no sense at all to me and this is the very reason why I avoid KYC as plague, what differentiates it from traditional gambling. For me, I would never play games on KYC site while I risk my information been exposed to a third party. I have one policy never to fill a KYC on any gambling site, because I always had fear and especially the fact that those sites cannot be trusted, it stands a chance of being hacked and it will be very risky. Well I understand there are so many people who see nothing wrong with KYC, different people to what they belief and their choices, so its always individual differences. |
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Okay this seems quite interesting, although I'm seeing it late so I don't know if it's still active or not. But the way I'm seeing it, they are not even sure about paying up, since you will have to wait till the platform starts to grow and also starts making profit and that's when they will start paying the money that you're being owed. But whatever, it's still cool since its free money and if you trade perfectly, that means you're going to make a lot of money if the platform succeeds and starts growing as they planned.
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We've seen it throught the years. You can go and find all the posts, I don't need to do the homework myself for you, I already did. The truth is, you will ALAWYS find a bunch of people predicting bottoms that never arrive, ideal entry points to go all in that never happen. Those people are the ones that become demented nocoiners which begin FUDding Bitcoin pretty much forever, because they are extremely irate at the fact that they missed the boat because they gambled way too much hoping for a price that was way to low, so the market started going up, they assume it's another "suckers rally" or "dead cat bounce", until eventually it goes full FOMO and they feel suicidal, but it's even worse when the bubble bursts and bottoms above what they were expecting to get in at, so it's a never ending fractal cycle of people becoming salty at the fact that they didn't buy and they have too much of an ego to just get in and deal with it. https://i.ibb.co/0ZqzLk5/123124123312.pngFamous eternally mad nocoiners such as Peter Schift, Nourini, Mark T Williams, Krugman... you name them. So the moral of the story is, buy low, but not too low, you may die waiting. Yes you’re right man,. I keep telling people to buy whatever they know they can afford and not feel really bad if they happen to lose it. So if you think that today’s market price is cheap for you, then buy it and wait. You can still cut out later if you think it’s still going to drop and you don’t want to lose much, and get back once things becomes a bit stable. |
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There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious. We could put together a list of predictions from people who are somehow important players in the crypto space. Bobby Lee has a cool point (let's hope;):  If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019. And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023. Something like that?🙂 https://twitter.com/bobbyclee/status/1071100283638280194I’ve seen someone predict just the same thing that the price will bottom out at $2,500, then after that there will be another bull run. A lot of people are also saying the next coming bull is going to be a heavy one this time around. I’m starting to believe this because has been stable at $3400 since this month, it might drop on January to $2500 before the bull run. |
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If anyone wants to do some major investments into bitcoin or crypto I think this is the best time to do so. I do not think bitcoin will get down too much after this, maybe it can go down a bit but only just a bit, afterward it has a big rally coming up for it. After the SEC deals and Nasdaq thing and Bakkt starting (all keep getting delayed constantly) the price will finally have a reason to go up, when it goes up there is a huge ceiling for it and the price will definitely move higher a lot quicker. I know people have been saying the same thing for the past 6+ months but this time it is really hard for the price to go down unless something major happens, the amount of money required to sell in order to keep the price low is getting higher and higher the lower price goes. So it is easier to drop bitcoin from 20k to 19k but harder to drop it from 3k to 2k. Eventually the sell orders will run out and we will start going up.
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Pretend that all the fiat money in the world is gone and the whole world is only using Bitcoin. Ignore scalability issues for this scenario.
I'm sure most of you know that most money is actually created by banks through fractional reserve lending. Our economy is stimulated by people constantly taking out loans to make purchases. But with bitcoin you can't loan money that doesn't exist. Maybe we would have to change our consumerism as a society and prices would drop. Being able to borrow money easily makes everything rise in price. What are your thoughts?
Its hard for bitcoin to be world currency because bitcoin is decentralized. I think bitcoin can be an alternative payment or currency. Every country have different economic strenght and its hard to measure economic if using bitcoin Not as easy as we imagine, bitcoin has a nature that is not easy to stabilize and will continue to change and this is difficult to accept, even the government has not been able to allow bitcoin to fly freely. The existence of bitcoin is acceptable but if the transaction has not been obtained a permit. It would be a good step forward if we could just adjust banks to crypto currencies and just put them in our bank account, current system is already as high tech as it gets because banks are dealing with billions even trillions of dollars so their technology is more advanced than many of other business. If we can just put that type of information in our bank accounts as well and just buy/sell in our banks system instead of trusting a third party exchange that would create an INSANE amount of increase. Think about it, right now bitcoin worths so much compared to couple years ago, if banks all over the world decide to say "from now on we are your crypto exchange" and put up bitcoin/ethereum to begin with, that would create SO MUCH volume for all of us, even people who do not think about getting bitcoin could be persuaded to have a bit aside. |
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Recently, a lot of ICOs are getting hit by people dumping tokens below ICO price. Some attribute the cause to bounty hunters while others blame it on excess pre-sale bonus. Who do you think is responsible and how can this be prevented?
There is no way you can stop that. IF people are free to buy tokens, then they are also free to sell it whenever they want to, and you can’t stop them. Investors usually expect a coin to keep growing so that they will make profit,and when an altcoin is not growing as they expected, they will all start to dump the coin. That’s why most people don’t like buying these tokens. |
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2019 knocking the door. I have to prepare my investment plan for 2019.
I want to invest in some altcoin. First choice is Ethereum then Eos, Neo,
Ethereum classic (ETC). I think these coins have good potential for investment. Any kind of suggestions?
It will be best for you to invest your money in the top coins, cause the new coins in the market will always disappoint you at last. I don’t know about ETH, but it’s not moving the way I expect it to, but you can still invest in it, cause this has happened once when the price of ETH dropped very low and a lot of people thought it was over but at last it picked up. Bitcoin, Neo, ripple and stellar. |
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Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market. Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.
The truth is as long as you have money that you’re holding in your wallet before the price fell, you’re going to lose that money. What some people do is to sell before the price fall and then buy back and start to do things like trading to earn money. Some continue with signature campaign and the rest of them to make money while the price is down. |
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Hello guys,
I am french and i wanna try to learn trading in English language (to get skills in english and trading ahah)
Do you have a recommandation for a good book ?
I wanna try to find a good youtuber to, who is explain how to detect signal. In crypto or in nasdaq.
And maybe if its exist, a website with exercise?
Thanks guys
I would say that it’s bets for you to learn with both. Read books and also watch the videos on YouTube. YouTube is more practical and you will see them do it live and it will help you to understand better, but it’s best to combine the both of them, there are things you might find in the books but you will get to find out that Youtubers haven’t done that yet. |
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Friends, the price of ETH continues to fall, what is waiting for the coin? Will its capitalization fall? Will ethereum lose third place?
Although my personal opinion is that since it’s certainly a top coin, we don’t have to talk about sunset in the new year, they promise us to increase its potential with the help of code improvements, not so long ago Buterin even became a professor, what do you think about Ether?
And how do you think the whales have lowered the price and filled their hooks to them to pack it next year? Or is this theory a mistake?
I’m just seeing that this morning, don’t know why it keeps on falling everyday. Was even thinking after it got to $100 it would go from there, instead everything is just negative, even after losing the second place to Ripple. And come to think of it, ETH wasn’t the only crypto that it price dropped today, even bitpcin dropped down to $3,300. |
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