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961  Economy / Economics / Re: Biggest threats to the price of Bitcoin. on: November 09, 2020, 12:24:35 PM
Hi,

As everybody keeps pointing out that Bitcoin is a risky investment, I'm trying to get a better understanding of the greatest risks to my coin.

I must admit that sun flares and quantum computers were not what I was expecting to find when I googled this but alas...

https://medium.com/coinmonks/the-5-biggest-threats-for-bitcoin-that-have-the-potential-to-destroy-it-9b3845ebcd1d

https://decrypt.co/29625/the-biggest-threats-to-bitcoin-in-2020

To be fair, I think these sources are talking about things that would all but wipe out Bitcoin rather than just reducing the price.

I was wondering what you guys think is the most likely instances that would cause the price of bitcoin would sink back below say the $5,000 or the $10,000 mark?




There's going to be a huge crash if suddenly Satoshi Nakamoto's wallet is open and the owner dumps all the coins inside the wallet, this is one of the things that scared investors because 1 Million Bitcoin is so huge that traders cannot keep up, we have seen the effect of pandemic and it's not a long term effect, and Bitcoin has recovered only Nakamoto and a group of whales can make the market crash.
962  Economy / Gambling discussion / Re: Gambled against Biden - funniest instance on: November 09, 2020, 10:57:41 AM
Nah, perhaps this is just politics, maybe he was really a pro Trump and that's why he blurted this statement in public. Nothing to take serious though, maybe he meant different and didn't gamble that involved money. But since Joe Biden has won already, and just like any other state heads, he is oblige to accept the fact that he will be working on a new US sitting President and there could be changes in the policies and trade relationships.

I did not bet on this US Election, but if ever I was, for sure I'm going to lose because I'm going to bet on Trump winning the re-election.  Grin

Politicians and statemen should not take this issue seriously after the election,  politicians should make peace with each other, Biden seems to be a very nice guy he will understand the situation and his administration will try to convince doubters that his administration is better than the Trump administration, I hope the United States and Hungary will work closely for the betterment of their citizen.
963  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum remains the king of altcoins on: November 09, 2020, 02:06:21 AM
We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.
They have the rights to be where they are standing, they are the one that started it all and community respect the original just like Bitcoin started the Cryptocurrency revolution, Ethereum started the smart contract token creation thing and it fave the way for big and small companies and even individual to create their own token, but unfortunately for them, they will have a hard time taking over Bitcoin.
964  Economy / Gambling discussion / Re: Did anyone try to "gamble" with ponzi scheme crypto scam services? on: November 08, 2020, 10:42:32 PM
I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?


Only tried it once and I realized that it should not be supported because many investors are going to lose money than those who are going to make a profit, maybe 2 of the investors who made a profit here 20 are going to lose their money, it's worse than gambling because they are not transparent, they are fooling their people with their so-called plan and they targeted people's dream of making money online, this is scam presented in a nice way.
965  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Tron (TRX) Ever Reach $5? on: November 08, 2020, 12:03:30 AM
While I acknowledge that anything is possible, specifcally in the world of cryptocurrency.  TRX reaching, or surpassing $5.00 in value has been on my thoughts recently...

I have read predictions from most Trx adopters saying by December 2020, trx could be $5.00 in value. How they arrived at that, I do not know.

Can Forum users have a say on this?


I'm a Tron supporter as much as I want it to reach that price it could not be possible not in 2020 before thinking of the price we should look deeper into the potential of Tron, any price increase is attached to updates coming from the project, and we must first think of Tron reaching $1 before thinking of something like $5, it's a stage by stage development of the project and price.
966  Economy / Gambling discussion / Re: Are there any truly safe bets in sports betting? on: November 07, 2020, 11:42:45 PM
There are safe bets, but not something that will give you a profit, the one that will give you profits is the one that has the higher odds, some people are winning this, it's pure gambling betting on the opposite but that's gambling you have to take some risks to get a higher payout, there's no excitement if you are betting on the obvious.
967  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I need help on: November 07, 2020, 10:51:10 PM
If this is offering any service and your payment method is bitcoin then you can create an announcement in the Service Announcements, if it's not paying in bitcoin rather paying in altcoin then you can create the same announcement thread in the Service Announcements (Altcoins) section.

There are many other scopes but I think you will be able to get specific information if you tell a bit about your site.

Besides posting on these sections getting a copper membership so you can post your websites/links to your signature space will be a big help to boost your traffic, I hope it's not a Ponzi scheme, MLM thing we hate this kind of thing, and you will likely get tagged if you promote this kind of programs.
968  Economy / Speculation / Re: All time high is just around the corner are you selling all on: November 07, 2020, 05:31:03 PM


I am also thinking in withdrawing some of my savings in my bank accounts and transfer it to top 5 currencies while waiting for the peak of the bull season so I can gain some profit to my savings once we will reach the new peak of the market again. It is kinda shame to throw this kind of chances.

But if you are going to do that be sure that you already made up your mind that whatever happens, you are going to accept it, remember the market is highly volatile, and if you proceed and you believe that if ever you lose you will accept the results then go proceed the most important here is you do not regret whatever decision you made, the market is full of traps so you should know better.
969  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Youengine (YOUC) failed on: November 07, 2020, 04:49:42 PM
The price of Youengine starts to fall when they started to give the bounty rewards so for me the bounty hunters earn from the project.
And we can't say that it is the end of it maybe they could recover from the huge price drop.

The team should implement a buyback, the price is so cheap now compared to its sales price I wonder why this project is not attracting whales, the current price of the token has a huge potential for profit, I hope the development team is dedicated to the development of their platform so those who are holding and buying their coin will make huge profit in the future.
970  Alternate cryptocurrencies / Altcoin Discussion / Re: Uniswap has made it easier for scammers? on: November 07, 2020, 04:23:24 PM
You just have to deal with the outcome I guess, dex is supposed to be better than cex as a decentralize exchange which means anyone can do as they can unlike centralized exchange, since there is more freedom in dex there is hardly anyone can do but just apply caution when interacting with this platform.

I'm beginning to like Decentralized exchange, it's easy no need to login details like password 2 Factor Authentication, and there are no issues about withdrawal not coming and doing KYC, maybe we will see in the future where Dexes will rule the exchange, only users should take a precaution when dealing on DEX everything is in your hands, and in how you handle your keys. 
971  Economy / Gambling discussion / Re: Philippines Allows Land-Based Casinos to Accept Bets Online on: November 07, 2020, 03:56:54 PM
I think the main reason the Philippines government has done this is to harvest more taxes.If they get taxes for every bet that is made,like an X percent of the amount of each bet,this is a great move for them.I doubt any government does such thing without second meanings and only to make its citizens happy.
Well, actually that is the main thing why they allowed casinos to operate which is to generate tax from them. According to what I have read, 5% of franchise tax and 50% of the total gambling winnings, will be going to the national government.

Which I think is huge as tax.
It's really huge and for a country that is struggling with its budget they need to find a way to make it operational and this is one way to do it, they also allowed lotto outlet to open to generate more revenues, and since we are in a pandemic and people are looking for anything that can ease or find a way to make money and the government knows it, so lotto is one of the ways that the government opened to generate funds.
972  Economy / Speculation / Re: BTC Targets for 2020 on: November 07, 2020, 01:17:22 AM
Well we have seen Bitcoin nearly touch $16k last night, with that in mind what do you think is in stock for Bitcoin for the remainder of 2020? Do you think we will see it break past $20k?

I'm not expecting great things to happen like another all time high this year, I consider this year a good momentum or preparation for the next all time high, so many things have happened this year and 2021 is the right time to bear the fruit of 2020.
Although the possibility that Bitcoin can hit an all time high this year, because of the strong buying support.
973  Economy / Service Discussion / Re: A Word of Advice about Paypal & Crypto on: November 07, 2020, 12:51:30 AM
I like the news that it's bringing to the community, they contributed to why the price is moving up, but when it comes to trading and storing my coins I don't think I'm going to use their service, although not available yet to my country, I'm still strictly enforcing the not key not your coin philosophy in Cryptocurrency, it's for my safety.
974  Economy / Scam Accusations / Re: Miners.eu SCAM Website Review on: November 06, 2020, 04:05:17 PM
Hello guys,
I want to share with you this scam website, which claims to sell ASIC miners. I ordered 3 Antminers Z11 back in late July. Made the banktransfer within the required time period and my order still hasn't been shipped. They stopped replying to my mesages now and don't pick up the phone. I am 100% sure they will not send anything at all. They even deleted my account so now I can't even see my order.
Just wanted to let you know about them, so you don't fall in the same trap as me. Stay away from them!

You should post all your proof because your thread is being refuted as untrue

@moreminers, raywood, and chrismines.

We are well known that you guys are a competitor of ours and want to damage our reputation by posting fake reviews.

Whoever reads this message, please open the profiles of the 3 reviewers, and you will see that all profiles have been opened recently and consecutively within few days.

My advice is to you guys, work hard on your business and get the same results as us, there is no point to being jealous.

We have also made a report to the Bitcointalk team, if necessary we will also file a lawsuit against you guys if you have been brave to post the above fake reviews via a public IP address.

Kind regards,

Miners Europe Team

Glad that you dropped here to challenge the accusations, if they are not going to show anything then we can consider this accusations as baseless , you don't have to go to the extend of filing a law suits because it will be hard to locate them in the first place, it's enough that you challenge their accusations, the burden is on them.
975  Economy / Services / Re: we know how hard is to be newbie and struggle to earn money online solution is h on: November 06, 2020, 02:36:16 PM
I'm 100% sure that you are not going to get anyone even newbie here to promote your projects and if there's some newbie who fall for your invitation and promote what you're offering, he'll likely get a flag and a red trust for helping guys like you who is planning to scam people.
976  Economy / Speculation / Re: Are we headed to a new all time high now that momentum is very high on: November 06, 2020, 12:47:38 PM

so if history is any indication, we should see the new ATH (similar to 2017) by mid 2021.

with the way bitcoin is being adopted these days by different countries, different corporation giants and institutional investors,... it may even happen sooner than we'd expect.

I like it early 2021 but if you see an indication that it could happen mid 2021 I'm still ok with it, we have things laid out, overcome pandemic check. adoption check, halving check what could go possibly go wrong not to reach another all time high, people should stop waiting and start buying, I know momentum do not last but if there is a dip, hopefully, believers will strengthen the buying support.
977  Economy / Speculation / Are we headed to a new all time high now that momentum is very high on: November 05, 2020, 03:54:36 PM
I keep looking on the chart and checking while posting I got up from my computer to entertain a visitor and when I come back here it is Bitcoin
at $14,941.07 It looks like we have a good momentum this early before end of November Bitcoin could be trading at $ $16k

Do you think we are going to have a repeat and the first quarter of 2021 will be where Bitcoin will have another all time high

978  Economy / Gambling discussion / Re: TOP 10 Lottery Winner Losers on: November 05, 2020, 12:51:28 PM
The hardest thing is when a lot of your friends and acquaintances, know that you hit a jackpot because suddenly you become their hero and their best friend that they want to spend their time with you, you are plunged to nighly party and friends saying all the best things about you in return for a loan that they badly needed.
The best thing to do when you hit the jackpot is to live life in moderation and educate yourself on what to do with the money, everything is all about how you treat money, and how you want to be treated.
979  Other / Beginners & Help / Re: Scammers are using the name of Airdrop to take the wallet's private key. on: November 04, 2020, 05:29:46 PM


The private key of your wallet is a very secret thing not to share it with anyone. It is very important to know well about those things before investing in anything. You don't have to provide a private key to get the official airdrop, the main purpose of those who say to provide your private key is to gain access to your wallet. So be smart yourself and fu** the scammers.

There is no valid explanation by any developers that you should give them your private key, you do not know Cryptocurrency and decentralization if you do not know this.
There are two guides and mantra that every investors should know, and that is not your key not your coins and only invest what you can afford to lose, these are the two things that people should make a mantra.
980  Economy / Services / Re: ⬛Brainboss Management Service [Signature, Bounty]⬛ on: November 04, 2020, 03:44:19 PM
Hi I haven't drop by here to say thank you for handling the Bitvest campaign so well, and thanks for the opportunity I hope we can have you and I can stay here for more years on Bitvest and may you have more campaigns to manage.
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