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1  Other / Politics & Society / Re: Is the Moon Hollow? on: July 14, 2019, 09:34:17 AM
It is like a giant celestial Pinąta. You've got to build a massive proton baseball bat to hit it and see what goodies come out  Grin
2  Economy / Gambling / Re: Betting Forum on: July 06, 2019, 03:41:53 PM
If you want to genuinely help bettors, educate them about how to measure the accuracy of tipsters and their claims to profitability.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ART] Maecenas: First ever fine artwork to be auctioned on the blockchain! on: July 06, 2019, 03:27:25 PM
Anyone know if Maecenas are likely to be listed on any exchange beyond HitBTC and Idex? Volume has dropped off a cliff over the last 3 months.
https://coinmarketcap.com/currencies/maecenas/historical-data/?start=20180723&end=20181023



Bittrex listed ART at the end of March, adding much needed liquidity though the spread is still huge as is volatility.
https://twitter.com/bittrexintl/status/1111320203525267457
4  Other / Beginners & Help / Re: Books to help you learn about bitcoin. on: May 10, 2019, 08:46:34 PM
Hearing a lot of good things about 'The Bitcoin Standard - The Decentralized Alternative to Central Banking' by Saifedean Ammous. Anyone read that and recommend it?
5  Economy / Games and rounds / Re: 🌟 Cloudbet’s 5th Birthday Crypto Meme Contest - Free Entry - 0.75 BTC Pool! 🌟 on: October 30, 2018, 02:22:18 PM
Worst N00b mistakes

Checking the BTC price every 5 minutes on coinmarketcap.com....not good for the soul.

6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ART] Maecenas: First ever fine artwork to be auctioned on the blockchain! on: October 23, 2018, 07:00:59 PM
Anyone know if Maecenas are likely to be listed on any exchange beyond HitBTC and Idex? Volume has dropped off a cliff over the last 3 months.
https://coinmarketcap.com/currencies/maecenas/historical-data/?start=20180723&end=20181023

7  Economy / Games and rounds / Re: ⚽🏆 Cloudbet's Super 6 Soccer Predictor Competition - Free Entry - Win BTC! 🏆⚽ on: October 23, 2018, 06:48:04 PM
Leicester City vs West Ham United 1:2
Southampton FC vs Newcastle United 1:2
Barcelona vs Real Madrid 3:1
Hannover vs Augsburg 2:2
Torino vs Fiorentina 1:0
Genoa vs Udinese 0:0
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Too Many Coins Defeating The Idea Behind Cryptocurrencies!? on: September 18, 2018, 10:01:13 PM
The huge number of altcoins with no real world application don't invalidate the small number that do. The very nature of open source software means that all actors (the good, the bad and the ugly) can and will get involved, I just hope that is doesn't become a tragedy of the commons.

Crypto is very new, but greed is timeless.
9  Economy / Economics / Re: Lehman Weekend: The Biggest Bankruptcy in American History on: September 16, 2018, 09:38:21 AM
It was like 10 years when Lehman Brothers collapsed followed by a global and economic disaster. But we have to thank that this event has happened otherwise Satoshi wouldn't created Bitcoin in the first place. It was the catalyst for him to invent a P2P currency without any intermediary (usually banks), and to operate without any government's intervention, thus decentralization.

Personally though, I was affected by this event, was laid out after September 2008 and was out of job for about a month. I was caught by surprised because there's some assurance that we wouldn't be affected, but damn we are totally wrong.

How about you guys, you directly affected by it? Do you think that if Lehman was saved by US government, Satoshi wouldn't push to create bitcoin? Or it is inevitable? The man himself will release it with or without the financial meltdown in 2008?

Luckily I wasn't adversely impacted financially in any explicit way. The biggest impact was on my interest in macro-economics. Anyone with a curious nature surely had to ask how it was that the architects of the biggest economic meltdown of our generation would be bailed out and average tax-payer pick up the tab. Some huge lessons there, not just about banking but about power and behavioural psychology (rational economic theory has gone out the window).
 
I don't think those lessons haven't been learned though which is why I am bullish about cryptocurrency as it can provide the paradigm shift we so badly need.

If you want a suggestion on when the next crisis will come, read this today. Have to laugh that one of the contributors is called Gary Shilling. https://www.zerohedge.com/news/2018-09-14/next-financial-collapse-according-4-who-called-last-one
10  Economy / Economics / Re: If the stocks market will crash again like 2008, what will happen to bitcoin on: September 13, 2018, 09:24:45 PM
Bitcoin can't be considered as a good alternative for investments, huge investors don't like huge risks, 1% movement is a lot for them and it happens daily on bitcoin. It can even decrease by 10% or rise the same in one day. Also there are a lot of plans to recover from market crashes but just imagine why will stock holders invest money in bitcoin? It's a question of doubt but I highly believe that won't happen.
Btw if they would invest in bitcoin in 2008 year, it would be a huge success for them.
It's not as bad as you think it is. Investors can and likely will go by allocating 1-5% of their portfolio to Bitcoin in order to hedge risks of the traditional market. It's the best way to move forward, especially in today's world.

The stock market is boiling around all time high levels with insane valuation ratios. Historically, the traditional market doesn't keep going up endlessly. It cycles through various phases and the next one is the correction.

It probably will result in a bear market lasting a year or two at the very least. The stock market is really a ticking time bomb as we speak, and it's waiting for the first institutions to unload billions worth of stocks triggering a domino effect.

I think this is the most sensible response so far. Investors are driven by one thing - Yield. Right now the Dow Jones is like a slot machine that just keeps paying out and investors will keep pumping in money while that yield is there. One thing is for sure though, that run will end and investors will stop playing that game and look elsewhere for yield. If interest rates don't rise - they were near zero after the 2008 crash - they may turn to crypto to make money. I don't think bitcoin is a natural hedge to the stock market though and rather than look to a crash as a catalyst to price rise I would rather sees its value increase because it has utility and people are spending it instead of fiat.
11  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 104th JUST BECAUSE I AM STILL IN A GOOD MOOD BITCOIN COIN on: September 13, 2018, 08:59:07 PM
2 -

Not clear on the entry system but grateful nonetheless.
May the coin be with you!!!


What do you mean?Just pick a number not taken on the list in the OP and you are in.

You are in with 2.  Cheesy

I have brought great shame on my family [hangs head].
Thanks.
12  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 104th JUST BECAUSE I AM STILL IN A GOOD MOOD BITCOIN COIN on: September 13, 2018, 02:15:02 PM
2 -

Not clear on the entry system but grateful nonetheless.
May the coin be with you!!!
13  Other / Beginners & Help / Re: Books to help you learn about bitcoin. on: September 11, 2018, 08:20:38 PM
I have read "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond" (Chris Burniske and Jack Tatar). It is an engaging read but the key is in the title, it focuses on how to assess cryptoassets for investment. As such it does go into a lot of detail about trading theory and risk appetite so don't read it as an intro to crypto.

I can recommend 'Bitcoin: the future of money' by Dominic Frisby an English comedian/financial journalist. It is a few years old now but does a good job of explaining what money is, how fractional banking is problematic and what crypto offers. It does become a 'who dunnit' as he tries to figure out who Satoshi is, which is kind of redundant. https://www.amazon.co.uk/Bitcoin-Future-Money-Dominic-Frisby/dp/1783520779

Jim Rickards has written some good books about the inherent problems of modern economic models. Though not about crypto - and he is a declared gold bug - they certainly provide plenty of ideas about what might precipitate the next economic crisis and therefore open the door for a new paradigm. He has a huge axe to grind but the content is interesting.
'Currency Wars' 'The Death of Money' 'The Road to Ruin'

I recently dowloaded a free PDF of 'Debt the first 5,000 years' David Graeber. This has achieved cult status among crypto enthusiasts. It is by no means an easy read - and I am only part way through - but if you want a deep-dive into mankind's relationship with debt from a monetary, psychological and theological perspective this will be right up your street.
14  Economy / Speculation / Re: Bitcoin dips again? on: March 15, 2018, 11:53:46 AM
Remember that you can make money on the way down as well as the way up. Sell as the price falls...buy back the same level of holding and pocket the difference as profit.  Smiley
The difficulty is of course avoiding the bottom. Not investment advice....just showing that falling price isn't always bad news.
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