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9981  Economy / Gambling discussion / Re: How gambling can effect the economy of a country [Part 3 - Australia] on: June 20, 2018, 05:00:55 AM
I really had no idea gambling made up so much of taxation in this continent, thank you for the read. I wonder if 7.7% of gambling tax is worth legalization, though, when you also see that tax money has gone towards gambling rehabilitation and development in poorer areas where addiction is also a problem. It would seem to me the 7% would become even less (but I do not know since I don't have the stats). As Hydrogen says, there is also a social and cultural impact, which could be important to research even as they have economic values.
9982  Economy / Speculation / Re: When to buy more? wait till 6000 or 5500? on: June 19, 2018, 12:56:58 PM
Now I know it's too soon to think the bull is finally here, but after a week of poor price, I can see Bitcoin now picking up some momentum to head upwards. Will it breach $7k? I think a big yes is almost on my mind. Will it stay there? I'm 50/50. I think the temptation to take quick 10% gains from this week for people who bought in at $6100 will be to great.

In other words, buy now if you haven't already, before 7k is taken.
9983  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Decentralized Exchange VS Centralized Exchange. on: June 19, 2018, 10:54:32 AM
There is only one benefit with centralized as far as I'm concerned and that is liquidity. This is simply the only reason everyone used Polo, Bittrex, Bitfinex, and now moving to Binance and Huobi and all the new centralized ones. But as soon as we can find a decentralized exchange that beats these guys in liquidity, we're all going to move there.

Security: trustless.
Fees: lower.
Manipulation: less risk.

What other excuse do we need?
9984  Alternate cryptocurrencies / Altcoin Discussion / Re: Whats your biggest mistake up to now on: June 19, 2018, 06:27:24 AM
My biggest mistake is that i sell my token rewards in very low price after i received it in my wallet. I did sell it instantly because it has a price in the market but after few months when i look at the market i saw the current price of that token of mine and now it was very expensive i cant believe in that moment because i dont know anything about that token that i get from airdrops.

Why is this a mistake? You got an airdrop and you sold it for something. That sounds like a profit to me. Profits are never mistakes. I will say however that you made the error of participating in airdrops and selling off tokens - the big reason behind why there is such a saturated market of tokens with almost no value other than speculating prices. If you keep doing this, you'll help bring crypto down to its knees.
9985  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 18, 2018, 12:34:18 PM
I don't know why but I'm not getting any excitement from the games as before in World Cup. Everything seems to make me a bit down now. The theme song. The teams. The players. Even the world cup babes aren't getting me excited Wink

Maybe it's just the group stage beginning. Maybe I'm getting older.

Maybe I just need to bet big on a group stage game.

P.S. come join FIFA and bitcointalk's group pool: https://bitcointalk.org/index.php?topic=4130568.0

I'm doing badly there.
9986  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: is bountyhive safe for doing bounties ? on: June 18, 2018, 11:47:17 AM
Bountyhive discussions have formed a lot of thread topics over the past several months. Like all bounty managers, they have had their fair share of scams, but few of them really can be attributed to the ability or the reputation of the platform itself. Just like bitcointalk, you can't hold them responsible for scams operating under their platform.

I see a few mods now holding bountyhive signatures, so if you ask me, there's no better approval rating.
9987  Economy / Gambling discussion / Re: Frustrations: Losing Streak on: June 18, 2018, 08:22:39 AM
I think what a lot of newbies don't realize is how quickly streaks can come, especially when those who only played fiat before come to crypto gambling. I remember I could spend hours at a online casino and still spend only $30 dollars in total (or lose, whatever haha). Every hand, every roll, took time. Maybe minutes per outcome.

Then I discovered crypto (dice is the culprit) and you had sites that let you bet 10 times/rolls in one click. You have autobet that lets you leave your PC running and claim thousands of rolls in an hour... then for sure you'll see streaks all the time.

15x on double streaks? every hour. Easy.
9988  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 18, 2018, 06:18:44 AM
Today has not been a good day for the favourites. First Germany was defeated by Mexico. This was surprising, because Germany, unlike other teams, do not usually take long to hit their stride.
The next big surprise was Brazil being held to a draw by Switzerland. Brazil did lead 1-0 at half time, but it didn't take long for Switzerland to equalize. Brazil just couldn't find an opening after that.

Switzerland last 22 international games stats 16 wins 5 drawn 1 lost.Not so big surprise even with few injured players

Why Gundogan didn't play for Germany

Paper favorites are just  paper favorites but one of them will win Mundial

What, really? If I had paid attention to that stats I might not have bet on such a high scoring Germany game. I thought Germany -1.5 to win was a pretty safe bet, and I thought Brazil -2 was also safe. When the Coutinho goal went it, I thought it was all going so well. I think we have to salute the Swiss players, they had far fewer shots, and the man of the match for me was the keeper. Esp near the end.
9989  Alternate cryptocurrencies / Altcoin Discussion / Re: Market corrections are good on: June 18, 2018, 05:48:56 AM
Corrections aren't good or bad for the market, they are just a natural order of things. For them not to happen is not natural. Sort of like when people say "getting sick is good for you, it builds your immunity". But getting sick is natural.

What I will say though, is that the market "correcting" is probably better to just stay like this for a long time. This is stabilization in my view. The longer it stays at this levels or even lower, the better for long term health.
9990  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tether manipulation did not let this market grow organically! on: June 17, 2018, 06:00:07 PM
FACT.
You can not base any ALTs future value based on the past. The past was manipulated!

FACT: You cannot base any market performance future based on its past. This is true for every single market, fiat, crypto, stocks, commodities, anything. Manipulated or not, patterns are there for the people who believe in strategy and hope, and in crypto, people actually believe they can game the system.

Fact: If you truly believe people could game the system, they already are, and they're not coming into this forum or any online place to tell others. They're doing it and moving the market to their desired direction.

In essence, if you believe manipulation exists, then you also understand that there's nothing you can do about it.
9991  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How long does the market fall like this? on: June 17, 2018, 05:27:36 PM
Causes: whale manipulation, speculation, futures contract expiring, bad news coverage. May last a little longer but don't worry, it will likely recover like it has with every other downtrend.

Then again, all these reasons have been given after the fact. I think it's time most people realize here that Bitcoin can and will move in any direction it chooses, regardless of what developments are going on behind the scene. I do personally believe price is being manipulated by exchanges, and then we just fill in the blacks on why. Trust me, when the bulls return (yes, when), we'll be surrounded by the same FUD but headlines will ignore them.
9992  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Neo, Why is it still falling? on: June 17, 2018, 01:06:53 PM
There are a lot of ICOs involved in Neo, but why is it still dropping?

It's not about NEO dear, the price of BTC along with all altcoin is on decline and NEO is just another altcoin. Price of NEO is very attractive, it went to 150 US dollars high in Jan this year and is now at 38. Maybe a good time to accumulate this gem.

I don't hold any NEO but now that you put it like this, I got to agree that it sounds absolutely like a good buy, for purely speculative purposes that is. I thought ETH at $500 and BTC at $6500 and Litecoin at $95 were super value but $38 from $150 is even more incredible. Then again, are we really going to believe NEO will climb back up to ATH levels? All the same, hard to ignore this type of floor price.
9993  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH back to the price ~ $ 300 on: June 17, 2018, 09:49:13 AM
Not sure the SEC news had any impact, I did notice that price jumped about 10% as soon as CNBC published the decision, but then prices went right back down to below $500 again. I suppose the problem is that ICOs will still mainly be judged as securities, and 90% of them currently are ERC20 tokens sitting on Ethereum, so that probably dampened the positivity surrounding ETH. Wait for Casper and sharding to properly kick in, I guess.
9994  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin (LTC): Can it reach $200.00 by the end of the year? on: June 16, 2018, 03:25:43 PM
I think $200 is small when the bull market returns. I am not just sure if altcoins will be given time to recover big time especially that we are approaching second half of 2018 which is bitcoin's recovery time.

If the bull comes back the way everyone is hoping for, then yeah, $300 will even be the "small" value it can hope for, since every huge bull tends to run over old ATH prices. As a Litecoin holder, I will hold Charlie Lee to his promise of staying with the development until it reaches at least old ATH, so I have little concern. Of course, I'm not foolish enough to think Lee won't abandon LTC when he wants to, but I'm also confident of Bitcoin at least reaching the old ATH in time to come. And when that happens, good old Litecoin will be one of the first to benefit.
9995  Alternate cryptocurrencies / Speculation (Altcoins) / Re: A library of valuable crypto articles on: June 16, 2018, 02:37:42 PM
The problem about libraries like these is that they get less and less useful the bigger they get. What you could do to be really helpful is to curate further these articles, trimming away what is less useful and keeping them even shorter and tighter. Or dividing them into categories for basic, advanced and further learning.

I especially think you should trim away opinion pieces like "why this could be good news" or market analysis like "this could be that or go this way up or down" because newcomers can get even more confused. Crypto is already very confusing!

Just my opinion. I think these initiatives are great but they get so saturated.
9996  Alternate cryptocurrencies / Altcoin Discussion / Re: Everyone talks about the fall of the market. Is it so? on: June 16, 2018, 01:00:02 PM
If we look at the graph, it looks like last year's abnormal year-end rise. Unfortunately, not a few of us are buying at a price that is close, or even right at its peak. So for the old investor, maybe this is a common fluctuation, but for the second group, maybe the current situation is hell. But I believe the market is coming back, even before they are fully aware.

Everything looks like everything when it comes to charts, today and the past few months also look like the pre-ATH charts of years gone buy. Not sure if anyone buying near the 20k mark are left holding (except those of us who anyway buy as we can whenever we can).

I think a lot of so-called old hands are also begining to fear. I see people supposedly experienced now asking around if the market is shaky. Guess this scenario truly separates the wannabes.
9997  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 16, 2018, 08:18:18 AM
A fatal blow to Morocco Unfortunately, the difference in quality and the European experience has not turned into a some success. Iran has played on what it has known since the qualifiers, defends and then awaits their rivals to make fauls in the first half we have seen morroco trying to get that goal in but they were not able to do that so i think now it will be sealed for this group it's now clear that Spain and Portugal will advance i had some hopes for morroco to put up some fight for the elimination phase after impressing in the qualifiers now all hopes are lost. Now it will be a matter of who will top the group.

Morocco played a lot of attacking moves in the opening minutes and gained majority possession but as you can see from the stats, Iran wasn't exactly playing defensive football either, just typical stay back, hit on the counter and they made just as many attempt as Morocco did, just with equally bad finishing, lucky own goal, some say but you make your luck. Morocco can still win this, if they play Portugal to their strengths, and hope for a draw on Spain. Iran might be the lucky 2nd though.
9998  Alternate cryptocurrencies / Speculation (Altcoins) / Re: "We asked people what is the biggest problem in the crypto market" on: June 15, 2018, 08:54:46 PM
Price manipulation? That's really strange, 68% answered? Very suspicious to me. Maybe what we should be concerned about in crypto statistics is manipulation of statistics like in this one. Ask users of cryptocurrencies and they will be concerned about use. Ask bitcointalk users and of course they think about volatility and manipulation.

Seek out things scientifically. Tell us your sample size, tell us your methodology. This is what, poll? And you expect to base stablecoin on this?
9999  Alternate cryptocurrencies / Altcoin Discussion / Re: Spreading Wealth to poor areas through bounties. on: June 15, 2018, 06:08:53 PM
There were a lot of discussions about all the bounty participants in this forum from third world countries, and it is very good to see that most of the owners/mods insist that this is good, I can remember reading that. It is just what Bitcoin was meant to do, to help spread the wealth more equally, to provide more opportunities. Even $5 bounties are like a boon in some countries and even I know how much I can earn from signature campaigns is worth a lot of money back home.

But yes, with that, must come education. People must realize that they must also give back to the technology that benefited them. It really saddens me to see so many people from my part of the world just spam and shill with no knowledge, and I hope this Afghan initiative moves further, not just to teach how to earn bounties, but also to help them make good contributions to crypto. To me, even teaching them to use crypto (spend it too!) is helping adoption.
10000  Alternate cryptocurrencies / Altcoin Discussion / Re: End of Net Neutrality... Best Crypto response on: June 15, 2018, 04:11:40 PM
You're probably right... but then Net Neutrality was already culled a long time ago in the US, and I didn't see these coins gaining any use. That's the painful truth about altcoins, isn't it? Even with the need, even with the obvious real use cases, people still aren't using them for their intended purposes, just speculative trading on the exchanges. And what if Net Neutrality is repealed? Will these coins lose value?
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