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521  Economy / Gambling discussion / Re: Horse racing game on: March 22, 2018, 11:24:17 PM
There will always be some illegal form of betting in any kind of gambling. This is present not only in horse race betting but also in other games and even sports games like boxing matches. This is usually done underground and in Las Vegas, there is said to be a mafia group who dictates the winner. As much as horse races and casinos are entertaining, illegal activity is being practice under the waters. Beneath the colorful lights of a casino, there are dirty secrets beneath it. Casinos are also said to be a way for druglords or criminal syndicates to launder their money.
522  Economy / Economics / Re: Earnings without risks for beginners on: March 22, 2018, 05:38:06 PM
If you wan't to earn here at crypto world without a risk,  better join bounty campaigns and airdrops for you to play safe and earn. 
Even in bounty campaigns and airdrops also have risk because you are giving your time and effort and when the time comes that they did not hit then you don't also have token, or you just wasted your time, we are surrounded by risk here we should just have enough knowledge and guts to win this battle.
Exactly, no matter how safe you think something is the truth is there is always risk, so what we should be looking for is a way to earn or coins while incurring in the least amount of risk, bounty campaigns  are a good example but the profits you can get with them are very low, this is why many people prefer to invest directly their own money in an altcoin, but obviously this multiplies the risk many times over, but the good thing is that the higher the risks the higher the rewards.
Well, the only risk you will be having in bounty campaigns and airdrops is the risk of your time and effort being wasted if for example, the token that is awarded to you after completing a bounty campaign did not go well of the price is not what you expected, and worst is, it did not become successful. To prevent this, beginners should always do their own research about the background of the project before joining.

For airdrops, I guess there is no risk or worries about efforts or time being wasted because it does not really require you to give a huge part from your side.

There's actually some risk in participating in airdrops. Since that there are some airdrops which require you to first disclose some of your personal information, there is a risk of this being used against you. This may be used as means for identity theft or other scams or schemes. Some airdrops may be ponzi schemes in disguise. There are some which require wallets which contains a certain amount of bitcoin or ethereum and this may be used for future schemes.
523  Bitcoin / Press / Re: [2018-03-21]The Night $1 Million in Crypto Began Raining From the Sky on: March 22, 2018, 04:36:28 PM
That's one literal way of replicating an 'airdrop'. It must have been an exciting even which made use of balloons and fireworks. It's an attractive way of bringing attention towards cryptocurrency also it would engage more users. It's amazing how advanced technology is which allows the physical distribution of digital money through a creative way. This is truly an excellent marketing strategy ployed by Mainframe. Of course, there's no free lunch and the free money wasn't given away for no reason at all. This would be at the advantage as well of Mainframe.
524  Bitcoin / Legal / Re: Matthew 7:12 - Whatever they do to you, you shall also do to them on: March 22, 2018, 03:50:52 PM
The bitcoin community is not ready to fight. Each person cares only about their profits. We have no coordination. Bankers and governments are working according to a clearly established plan. They work as a team. By their actions, they destroy bitcoin and we can not oppose them. If you do not take anything to avoid the use of Fiat, we have no chance of winning.

Even though there's no solid coordination, no bitcoin user would let the banks and government win. The banks and government are still under the mercy of their consumers and without them they won't have any power. There's still a chance of winning -- boycott may be a way. Judging by the level of support which bitcoin has, it would be enough to stand against the financial institutions. Maybe we can't fight fire with fire but instead fight in different ways such as conquering business and finance sectors.
525  Economy / Economics / Re: Charity Accepting Bitcoins? on: March 21, 2018, 03:22:12 PM
If there is a charity accepting bitcoins do you prefer to give some of yours Huh

Me: I will if there is, but for now I don't have yet. Wink


If there are charities accepting bitcoin, I would not prefer to give them bitcoin but rather I would like to give them fiat instead. Since crypto dealings can be done online, Those charity institutions asking donations online via bitcoin might just be posing to be a charitable institution but they might not be. I'll rather make sure that what I am donating to a charity will really help some people, and not to be used to help someone taking advantage of anonymity to get money from others.
Same with me too.I would love too donating for some charity works but not in the form of bitcoin,but rather in fiat instead.I think it would be easy for them to use fiat than using bitcoins which is very volatile.I'll make sure that whatever i give will still cater to the basic needs of the charity people.It's just a way also of my thanksgiving so i'm giving some of my blessings too to those who are in need.

It’s sometimes even better to donate in kind because charity foundations get to use them. We may donate old clothes, toys or other used items which we no longer need or are no longer of use which would be of better use to charities. It’s a win-win situation because we also get to declutter. BTC may be a complicated matter because of its volatility and the foundation may not adopt crypto so easily. Fiat would be more useful as well because they would be able to develop their foundation even more. Crypto is not as liquid and they may have a hard time turning it into fiat.
526  Bitcoin / Press / Re: [2018-03-20] Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’ on: March 21, 2018, 03:09:31 PM
Interesting article would merit, if i could  Grin

I find it hard to believe that 80% of these vendors have no idea how to cash out, they were intelligent and ambitious and tech-driven enough to earn this money and they cant find a way to get it out? Does not seem legit.

I believe that it is slow regards the vast amounts that they have but it can be done.

They are probably just trying to be cautious because the authorities are on the look out for any suspicious activities - and cashing out huge amounts of money is very suspicious or alarming. The name of bitcoin is tainted with the dirty bussiness of the dark web. Even with the many ways to cash out anonymously, it’s still very dangerous because the authorities may still be on the lookout for darkweb users and they surely have tons of btc to cash out now that the price has gone up.
527  Economy / Speculation / Re: Are charts useful for long term investors? on: March 20, 2018, 11:57:22 PM
In fact throughout my experience as a trader, I have been quite reluctant to the idea that the charts provided by the technical analysis may be of some usefulness when making decisions regarding our long-term investments.

Anyone with a basic knowledge of markets knows that historical data are irrelevant in times of economic crisis, and this is especially true in a market as new as the cryptocurrencies one, so our caution should always prevail when it comes to make our investment decisions,not trusting too much in those supposed "gurus" that prevail in social networks nowadays.

Yes, there are many other factors which may affect your long term investment which charts would not account for. Anything may happen which cannot be seen in the charts such as an unforeseen financial crash or crisis.

For a long term investor, the charts may not do so much but instead perhaps would show the bitcoin price behaves over the past years. Some long term investors get cold feet when the price drops to about 30-40% but if they were to judge the charts, they would be able to see that it is the price of trend of btc. But when it comes to making long term investment decisions, the charts don't have that much contribution.
528  Economy / Trading Discussion / Re: DO NOT invest credit money on: March 19, 2018, 11:58:42 PM
General rule of thumb: never get a loan for something you're not sure of. This applies not only to crypto investments, but to other liabilities as well. Some people are confident that they will be able to pay their credit in the future without considering any unforeseen circumstances. This is why cars, laptops or houses that are on loan are lost because of delinquent payers.

If there's no assurance that you are able to pay, then don't let yourself drown in debt. It's good that you have learned your lesson and shared it to others. A lot are still too greedy and go through extreme extents because they hope to gain profit. Not a lot first measure the risks and consider what they would do if the market goes down or when they don't realize any profit or even a return of investment.
529  Economy / Trading Discussion / Re: Is the risk necessary to make a big profit? on: March 19, 2018, 04:31:21 PM
In trading, yes. The saying "High risk, high rewards" definitely applies here. If you have a larger capital, you will have higher returns and profit. Of course, this is different from blindlessly risking without giving any thought. It does not necessarily follow that when you recklessly invest, you would ultimately gain huge profit from it. If you were to place a larger amount of money to risk on something which may or may not be profitable, then you would gain more from it as compared to investing with a smaller capital. Ergo risking larger would yield to larger gains but having higher 'risks' does not lead to higher profit.
530  Bitcoin / Press / Re: [2018-03-18] Report: Twitter Prepares Ban on Crypto Ads on: March 19, 2018, 04:23:06 PM
I expected youtube to follow suit in this as well. With the ban of facebook and google, this is not a surprising move for twitter. Although it will be hard for the ICOs to reach as many people as they can because of these bans, this is also good for the majority of people who are easily swayed by the advertisements that you can have too good to be true returns in a short amount of time. There are exceptions to it as well so I think as long as the ICOs would be able to fulfill those requirements then they are good to go. Otherwise, their only way to promote their campaigns is through bounty campaigns.

It's quite likely. These social media platforms having following suit of the crypto ad ban and it won't be a surprise if Youtube follows soon after. I've noticed some ads of ICOs in the past while I have been using Youtube. I'm not so sure whether ICOs are able to increase their promotion through the youtube ads because it can't be said that the youtube viewers are crypto users or have knowledge on ICOs or crypto. They should probably concentrate on a more suitable audience and as of now, bounty campaigns should be their best bet.
531  Economy / Service Discussion / Re: What Problems do new investors face when researching cryptocurrencies? on: March 19, 2018, 04:06:02 PM
I thinks its having one source where investors may research about cryptocurrencies. It's a struggle having to go through several sites, reviews and comments about one coin just to verify and find out whether one is a scam. Although that it really is the job of the investor to diligently research first, it would be convenient if there was one place for them to go that is reliable. There's a chance that a review is tainted with bias because it was paid by the developers or that a site has yet to cover a new coin. Credible information is yet needed for investors.
532  Bitcoin / Legal / Re: Signature Campaigns taxes on: March 19, 2018, 03:58:14 PM
For taxes to apply to signature campaigns, it may fall under the category of income tax. If you were to declare that you have been gaining income through signature campaigns, you would then have to pay a portion of it (depending on what is prescribed by your country's laws). This would however depend on the amount of your earnings which is somewhat complicated because in fiat, the rate would constantly change - unless your country tax crypto earnings or holdings. The proof that you have been earning from signature campaigns would be the transaction records on the blockchain however the matter of licenses or registration of the business or service is another matter. If it were up to me, simply don't declare your bitcoin earnings. You won't be evading taxes if in your country, crypto or btc earnings is not taxable unless you would constantly exchange them to fiat.
533  Economy / Speculation / Re: Bitcoin miners are now losing money on: March 19, 2018, 03:44:26 PM
Given the fact that these are only estimates, I'm sure they're over-generalizing. They must have used average values for computation, meaning those with dirt cheap electricity, etc. can still profit. There are many different variables to consider. Saying all of them are losing money is simply a lie. It would be more accurate to say that mining difficulty is rising while Bitcoin value is dropping, so it's getting harder to turn profits. No one would read such an article with a boring headline like that though.

But yeah, if it stops being profitable for some, they could simply take a break and go in again once difficulty scales back. This is nothing to worry about.

The article my have only been pertaining to the minority of miners who can no longer cover for the costs of mining. It takes up too much electricity now and without the right equipment, you won't profit that much from mining. Miners would still mine even when it's not profitable now because in the past when btc price was very low, there were still miners who continued to do so. Now that the btc price is considerably higher, miners would probably just store their holdings for a while but they will still continue to mine for sure.
534  Alternate cryptocurrencies / Altcoin Discussion / Re: How much have you lost during this bloodbath? on: March 19, 2018, 02:55:33 PM
It's unfortunate of you to have to put up your house for rent and move back to your parents. I hope that you recover some of your loss. If holding is not cutting out for you, then you could probably try to short trade if you have any extra capital. By short trading, you may realize some profits faster then when you hold your token. Of course, this is also very risky and there's a great chance for you to lose more of your money if you are not careful of your trades. I suggest that you find other ways to recover your loss while you hold your token so that it won't be much of a burden. Many may have been affected as well by this bloodbath such as you have but not so greatly because their investments only took part a portion of their wealth.
535  Economy / Gambling discussion / Re: Gambling: Culture on: March 18, 2018, 04:16:26 PM
It's quite possibly so. Casinos are simply the fruits of these traditions. It may have initially started from small parlor games. Even if gambling is harmful, it has allowed others to have some recreation and socialization. Even those who are not so well off still set aside some of their income to gamble because they experience joy in playing and it's emotionally and socially healthy for them. I believe that casinos still exist despite their negative notions because it's still a source of entertainment for many and a money making business.
536  Bitcoin / Press / Re: [2018-03-16] So Long ICOs: The Free Token Giveaway Craze Is Here on: March 18, 2018, 03:14:34 AM
Also, the giveaway is more like a promotional giveaway. I am sure there's a trap set here as projects in the cryptospace are always motivated by profit.

Airdrops are mostly made for promotional purposes. This is because airdrops attract a lot of attention and makes a token popular. I've had my fair share of airdrops and not all has went well. Most of the airdrops these days require more information such as an email address or proof of identification which poses a risk for the bounty hunters. Once the developers have made their profits, the tokens don't actually grow in value anymore.

Also, I do reckon that not one of them are solving real world problems like most of the other projects.

It's quite true that a number of the ICOs have marvelous roadmaps but in reality, they don't always push through. Some just suddenly disappear after making profits after their token sale. Others don't even make it to the exchanges. There are phony ICOs made just so that some people may profit.

537  Bitcoin / Press / Re: [2018-03-13] Scammers Impersonating Tax Officers in Australia are Demanding BTC on: March 15, 2018, 11:32:29 PM
It's becoming a joke the lengths these people go too

I agree. I mean up to what extent are scammers willing to go to just to fool people for their sole gain? Scammers can really be creative and mischievous. Situations like this just goes to show that they can be whoever they want and gain the credibility they need at an instant just to extort Bitcoin from people. This is why people should be extra careful and vigilant with transacting with other people, may it involve ones bitcoin or other things that has great value. The only thing that can protect us from people like this is if we raise our awareness towards act like this. Before you engage with others, make sure they have sincere intentions and are not scammers.

Scammers may get desperate enough to the point wherein they would go to extreme extents just so that they could get what they want. It may be seem funny that people get victimized of the crazy schemes they come up with but it's the sad reality. These scammers are very resourceful and are able to come up with absurd ways to fool people. They are skillful enough to make it seem like they are legitimate people with a front. It's hard to combat this but we must be cautious all the time. There are many telltale red flags we could look out for so that we may avoid these.
538  Economy / Trading Discussion / Re: Basic information to know the potential of a coin on: March 14, 2018, 01:11:51 AM
I am new here and I do really want to learn more about cryptocurrency. With my humble request, could you give any tips and helpful sites for my question? Your comments is a big help to fill my eagerness. Thank you.
Well you must read more about the cryptos currencies news from cointelegraph , coindesk , newsbtc altcoinstoday , and any other related with cryptos coins news include bitcointalk. That's important things to be known by you to getting more information about it, the other source of information about the data of cryptocurrencies you can check on here https://coinmarketcap.com/ it is good website to know more about the data especially capitalization of marketcap.

I'd like to add https://coincheckup.com/ it's a crypto research platform and a website similar to coinmarketcap.com but has mor in-depth discussion and information. It has a coin screener category which filters the various coins based on fundamental and technical criteria. If you plan to start on trading, this tool would really help you. It has various categories which allows you to see the coins based on smart contracts, real world assets, privacy and many more.

We can give you numerous tips and helpful sites but it would be up to you to utilize this information. I wish you good luck on your quest of learning more about cryptocurrency.
Thank for your source of information on the website, it helps for me and i think for every people too, and i have found another website of digital coins too to find more about the data, it is like coinmarketcap and coincheckup.com too, it is https://www.livecoinwatch.com/
I don't know which are the best but there are no wrong if we have many source of information about the digital coins.

Since there are many sources of information on digital coins, you could have a comparison of the data found in the several websites so that you can avoid any biases. By doing so, you would also be able to verify the information. Also, it would be best to determine which site would be suitable for you based on your needs or areas of interest. One source of information or site may offer information which one does not, and having vast sources would help fill out the gaps.
539  Economy / Services / Re: Docademic - Evolving Healthcare Signature Campaign. 30 Slots. Upto 0.04btc on: March 13, 2018, 11:42:38 PM
Username: orions.belt19
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1024712
Rank: full member
Current post count: 650
BTC address: 3Bf62ofFiXGh5Z1BkPiEzFcZ8D7XELNU6L
540  Economy / Services / Re: Decent Signature Campaign(FULL) on: March 12, 2018, 05:34:14 PM
Sir Yahoo, I have sent you a PM. I hope you read it before you start checking posts for the second round.

Thank you.
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