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2581  Economy / Economics / Re: Why bitcoin will appreciate forever on: February 26, 2020, 04:44:37 AM
Just check back today, after almost 7 years after my initial simulation, most of the theory and prediction still holds

The biggest uncertainty might come from the possibility that another coin might replace BTC as the main crypto. Currently Ethereum with its growth in defi might turn the table.

However, ehtereum does not have a limited supply, and its supply might get exponential increase in future, so the prediction might not work, and just because of this, eth is difficult to overtake BTC as long term investment candidate. It is possible that long term investement prediction of BTC still holds, but ETH become the new star because its full stack of financial magics



The bitcoin before is just created because they want to make all the things digital and they did not expect that many people make a lot of investment and support this coin. Time by time the number of people increasing to make a lot of contribution to this coin and on the year of 2017, the price of the bitcoin shows it's largest market profit and there are a lot of people getting curious about what does the bitcoin can do more. By that people still support the use of bitcoin because they want to earn more. After the bitcoin give a profitable value it comes down again because of the law of supply and demand and also the halving is coming so they wait for the highest peak of the market again. As an investor, it is better if we always grab the opportunity to make more earnings.
2582  Economy / Economics / Re: Is Malaysia crypto friendly on: February 26, 2020, 03:28:43 AM
I think Malaysia has a chance at accepting crypto. Like any other country in Southeast Asia. At the moment, I haven't seen any news about this. But I think that Malaysia could become a country where crypto will be used everywhere (but this will require the approval of the authorities)
I have not heard about Malaysia and it's government but i do think this would be a crypto friendly just like some other countries. I don't see any problem if crypto would be soon to introduce in Malaysia as long as the government authorities will not ban the use of crypto and would be very willing to open their minds about the latest innovation and how this crypto works not just as a good investment but also as a good currency.

Cryptocurrency today is one of the best transactions today. Malaysia too is one of the fastest-growing countries and it is good to know that they are now accepting the use of crypto but still, they do not have any business today that will use the crypto because they need to have a lot of monitoring plans to make sure there is a secured and faster transaction but today there are only a few people use crypto on this country but does not use for their transaction because they are not fully verified about the whole process. Still, there are people and businessman uses the crypto for making an investment because they see the potential of the bitcoin to make more earning and use to their businesses.
2583  Economy / Exchanges / Re: Bitcoin ATM's fees and their price rates ? on: February 24, 2020, 07:13:08 AM
hi. I am from Bangladesh wanna buy some bitcoin but here the price is too high.I wanna but BTC at a cheap rate.
my cousin lived in Canada.
I wanna that my cousin buys some BTC from bitcoin ATMs.
can anyone tell me what is the fees for buying 100$ bitcoin.?
and what is their own price for bitcoin?
I searched a lot for fees and rates but couldn't find any good results.

Buying Bitcoin at a fee that's lower than 7% is almost impossible.It's doesn't matter if you are buying from localbitcoins,paxful or an ATM.The only advantage of ATMs is that you are not required by the seller to provide ID verification.The high fees for buying BTC+the ID verifications are two big issues that are stopping millions to people to enter the world of cryptocurrencies.Good luck with finding affordable BTC buying rates,but I highly doubt that you will have success finding such sellers.

Today there are a lot of people today are requesting about the cryptocurrency that support by the banks and some of the country today are granted that supports the cryptocurrency to make a withdrawal. Still, there is some problems because they do not know the transaction fee of the payment atm support crypto. Still, we are looking forward it does not have too much fee unlike the fiat because we all know it is profitable than the fiat. Even it is adopted by the other still we are hoping to will accept by the other country too because there are a lot of privacy and terms to be accepted by the country to make sure the security of the users.
2584  Economy / Economics / Re: Using of Blockchain in Election on: February 24, 2020, 05:19:17 AM
I can see the potential of blockchain if it is to be used for election. The main feature of blockchain is its decentralization and publicity of records wherein people can see the full results of election without relying to any third parties or people who can be manipulated using the old voting system. My only concern is that, what if manipulation comes to the people who will vote? We all know that politicians or someone who wants power will always do their best no matter what it takes just to gain that power. Well we can't really do something about that, no matter how good a system is, it will still be the greedy one who will win in the end. Sad but true.

Blockchain is one of the fastest transactions today and many people are using the cryptocurrency and we all know that the market price of the crypto today and many people would like to include in the world of crypto. Also, it is a good chance that bitcoin or crypto is use for the campaigns for election because there is a lot of earning with the use of it but also it benefits only to the people who are know how to use of crypto but still if we use of it this can be used to manipulate the votes because it is a big market value and it can change a lot of votes and decision. Still, we are looking for good use of blockchain for the elections.
2585  Economy / Economics / Re: Cryptocurrency usage will boost economy or make it worst ? on: February 24, 2020, 03:11:13 AM
Nobody can avoid taxes even though they have used cryptocurrency does not mean they will avoid taxes, if that's the case then of course the use of crypto will make it worse. If cryptocurrency is used by them then it will not happen easily, at least there will be a regulation that will be applied and back again, the use of cryptocurrency is not something that you can use to avoid taxes because after all, payment of tax is important for the country's development and issues regarding corrupt country or not, that is a problem in every country.

Cryptocurrency is the one of the popular transaction today and with the use of different coins. Crypto are consist of different coin like bitcoin, bitcoin cash, ripple and ethereum. But of the most popular coin, today is the bitcoin because it gives a good market profit to the community of crypto. Now many people would like to use now the cryptocurrency as their payment to the transaction because it is more easier to transfer funds and also it has a less transaction fee why do they want to apply this to the community but still it must need to have a lot of paper transactions to be legalized the use of crypto because a country must need the security of the users but still there is a chance it will use as payment method because it already applied by the other country.
2586  Economy / Gambling discussion / Re: Have anyone tried to stop gamblers from losing while they keep on wagering. on: February 23, 2020, 08:56:06 PM
You did a great job responding to an "addicted" gambler but unfortunately, his mind is stronger than your words that is why he faced what he must face and it is losing all of his money.

Sometimes, you just need to leave behind an addicted gambler because there are times that instead of letting them stop they will confront you and say bad things. I didn't tried this in real life because I didn't saw anybody who is gambling in my community but I know the feeling of a person trying to stop a gambler for losing more money but the problem is they want to recover their losses so it would be beneficial for you as a helper to just let him do what he wants. It isn't your money though so let him use his money.
The desire to stop gambling must come from within the person otherwise even if you help him and he stops for the time being once you are not around he will begin to gamble again, I have tried to stop some people to keep gambling their money away and as you may guess they did not respond very favourably to it, they told me it was their money and that I had no right to meddle in their lives, and they were right, so I had no option but to watch them self-destruct and I could do nothing to stop them.

One of the most influential is gambling many people want to play gambling because they seek fun and most of them satisfied they are desired to play a lot of games like dice, poker and more. I'm in a field of sports betting because it is easier to analyze the information and data came from the Internet and many more sources that we can gather and concluded which team will win the game. But not only me I have a lot of friends that gamble too in sports and many more games even they wages a lot of money I cannot stop them because I trust them too that they will win they wage of they lose I still support them and encourage to continue if they want or else take a break so they can easily recover and think about first also to avoid having a wrong decision in playing.
2587  Economy / Gambling discussion / Re: Assess your gambling addiction level. on: February 23, 2020, 03:36:26 PM
but these emotions are in no way connected with a sense of passion since the mathematics of the game is simple and understandable.
Just in case of Monopoly  Cheesy Not simple with all game  Roll Eyes If you have ever played poker or the similar game, you will find that calculating the probability of cards appearing is very difficult, the rules are easy to understand but it is impossible to predict what will appear in the future  Roll Eyes I often mention luck when I play this game  Cheesy Do you think it's easy to calculate?

Gambling is one of the most exciting game of all time for me because most of the time I'm facing the other players that is now stable and prepare in the world of gambling and some of them always made a mistake, and it is better if we grab the opportunity to beat them and take a lot of profit gambling is not just of fun it is all about how you will conquer the game and earn a lot of profit also this game is full of mind games one of the keys to success is to make a lot of knowledge and experience by this you can now get a lot of information to the possible situation you encountered and hard to make a decision. Even it is difficult still sometimes luck can give you a good idea in every situation you don't know what you need to do.
2588  Economy / Gambling discussion / Re: Online gambling or Casino gambling? on: February 23, 2020, 01:17:25 PM
Not everyone can afford going into the casino but most of us here can afford to play in any crypto gambling sites we like.
It's not like a fiat casinos where the minimum is high, in here we can gambling if we have like 10 usd so this will attract gamblers to play.
What crypto gambling sites are aiming now is the volume of gamblers and they are actually getting it.

AFAIR, I have played over 10 online gambling sites in the crypto space.

Gambling is one of the most favorite things if we want to find some fun. It is better if we compare the two aspects first. In a gambling casino, you need to find out and go to your favorite place that you will interact with the people you don't know and play with them also, and you need to convert your money into tokens so you can play to their games. Also, there are a lot of games that give you a lot of excitement and be wise to choose those games so you can make it easier to earn more. Also, in playing in a gambling casino, you can see the emotions of the player and the banker; if you are knowledgeable enough about how to read some emotions by their faces, it is good because this is an advantage to you. Next, we have online gambling; this game is like you go into the gambling casino, but the difference is you are in the lobby and waiting for the other players to play with your favorite game. You can also play very comfortable in any place without any pressure came from the audience too, and also you can play anywhere you want because it is more efficient you can play with your device. For me, I will prefer an online casino; it is less hassle.
2589  Economy / Speculation / Re: The bitcoin halving to increase cryptocurrencies prices. on: February 23, 2020, 08:43:27 AM
With the halving event getting closer, I read some posts about increasing number of bitcoin related searches on google and the increasing number of scam crypto giveaways on different platforms. They're not conclusive but they somehow tells us that there's an increasing interest and/or that something big is coming (i.e. btc price pump to new ATH).




~ I am just new here. I have deleted it. I will try all my possible best to write quality posts. And, I know now to not beg for merit. Thank you for telling me.
We have another fake newbie I guess.

But, hope the post is useful and interesting?
Read pooya87's reponse to your wrong notion of btc supply and demand.

The number of bitcoin users today is increasing because we see the potential of the market value of it to make more profit by just having investment and trading. Now we are facing the market price of the bitcoin increasing again because of the halving will happen soon. What is halving first? Halving is cutting into half the supply of the bitcoin this process always happen every time, and this is one of the reasons why the market price of the bitcoin increase and now many people wants to earn more bitcoin because of the event on it the successful season of the bitcoin soon are coming. There is some prediction of the exact date of the halving, and many people are saying it will start on May 14. Some of them are saying it starts on May 18 still it will happen soon, and we have different strategies to identify the market price of the coin and also we have various techniques on how can we got a lot of market profit. Even there is a halving coming we need to have a lot of information about what is the right time it happens because we cannot just take a lot of information without any verification always make sure the authenticity of a news.
2590  Bitcoin / Bitcoin Discussion / Re: How to Increase Bitcoin adoption on: February 23, 2020, 07:04:57 AM
~snip~

That is really the idea, that is to try to impose the bitcoin logo and the information about it, because basically if they could always see bitcoin, they will soon be curious about it and why it is used by the people. This curiosity is what will drive bitcoin to be adopted by many, even though I myself believe that bitcoin isn't the most appropriate crypto to be used in daily basis. Because for me, it's more focused in being a store of value, and investment and not something we could use to pay because of huge transaction fee.

We all know today the bitcoin becomes popular every time and it is good if we are trying to get a lot of people that help into the world of cryptocurrency because today most of the people now are using crypto because they know we can get a lot of profit for just simple investment. Most of us want to make some improvements to how it works. Making a lot of content into the world that is related into the bitcoin is efficient because many people now are requesting a payment method with the use of crypto or bitcoin. After all, it is faster and also does not deduct too much to their money because there is no transaction fee the payment is only one is to one. Also, to gain a lot of users to improve the community first, the country must accept the use of crypto, too, so the people will know that there is a coin, payment, or transaction with the use of it.
2591  Bitcoin / Bitcoin Discussion / Re: A game that educates people about Bitcoin on: February 23, 2020, 04:02:30 AM
The target player is not an engineer or an economist, but a person on the street that still believes fiat is good and that we are fine with money controlled by the state.
When you decide to create a game, so the target surely the game lovers and a few people that may be interested in it. This is not a bad idea but I assume it won't involve significant numbers of people. Moreover, not all gamers always try a new game, some of them just play with their favorite games and stuck on them. So, how to handle this fact?

That was a good idea too that making a game is an excellent influence on the people, but still, it depends on the target audience. Sometimes when we are creating a game we should need to have a good quality of the game that educate other people or the user and next is to have beta testing to your target users so you can get a lot of information and data what do you need to do to manage your game. Also, it is better if we are aiming to the people who want to learn about the world of cryptocurrency or the bitcoin because some of the users don't mind if that is crypto because they will think it is just a standard coin or gold that need to be wasting in the game.  But we don't know that your game is the next future generation that promotes the crypto and you will get a lot of sponsors. If you want to have good feedback too, it is better if you consult a game developer also.
2592  Bitcoin / Bitcoin Discussion / Re: How I Crypto on: February 22, 2020, 03:37:29 PM
Cryptocurrency has been more than a financial wealth for me because as a software developer, I work as a freelancer and most of my clients pays me with cryptocurrencies. The fast payment and confirmation is one thing I love about bitcoin unlike the traditional paypal or western union transfer which takes days to confirm. Now I am learning blockchain development and looking at implementing a small project that helps my community in the future.

One of the fastest-growing today is the payment of crytocurrency, but we need to talk about what cryptocurrency is. It is a digital money the same into the fiat currency that is converted into digital currency, so most of the transactions happening with this is through online nowadays many people now are trying to make more investments and earning with this also we can transfer some funds with the help of crypto because it is faster and less transaction fee many people caught their attention with this and use it. Now many people use this as a payment to the employee, but some of them are freelancers because cryptocurrency is volatile; if the market price goes up there is a chance you will get a profit with that payment.
2593  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin The Best Safe-haven In The Wake of Financial Crisis? on: February 22, 2020, 12:55:09 PM
Bitcoins is not the safe heaven in any case .
I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress .
It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.

Today we all know that the cryptocurrency is one of the most popular currency today and many people would like to join into the world of crypto because they see the possible earnings we can get on this. Even the cryptocurrency is encrypted and decentralized we cannot deny that there is a possibility that it is getting hacked even the technology is getting more stronger and secures still the people that are knowledgeable into the world of technology too are improving. Some of them are making some study and learning how they can break the rules.
Still, many people want to make investments on it, but we all know that the crypto is risky too because the market price is very volatile and you cannot complain if you lose your money because it is decentralized. We are looking forward to earning, and one of the keys to success is the knowledge always look and aim for the goal to make earning if you think it is enough just rest and if you are still confident you may go and pursue your profit.
2594  Bitcoin / Bitcoin Discussion / Re: Why we have slow steps about convincing governments to accept bitcoin? on: February 22, 2020, 12:00:44 PM
I was wondering why Binance wasn't responding to AMLD5 requirements. There's the answer -- they aren't operating from the EU at all.

I must admit that I am also quite surprised that the truth they have presented to us over the years is actually a very well packed lie. Binance never actually had headquarters on Malta, but it was "spiritual headquarters." by Ted Lin, Binance’s Chief Growth Officer, whatever that means.

I’m not sure it’s a positive business practice, but why would anyone hide his headquarters for years, and why they refuses to say it today? I wouldn't be surprised if their headquarters are actually in China, considering that they announced their return there and cooperation with the Chinese government in launching that new China cryptocurrency.

It seems that after Malta is got a new government, things started to change to the detriment of the liberalization proclaimed by Malta as a crypto paradise. This is no surprise to anyone, Malta is an EU member state and has received more warnings that it cannot put things contrary to EU law/s.

Cryptocurrency is one of the fastest-growing transaction for over the world, and we want to make some adaptation into the environment in the world. Today some people would like to make some investment with the use of crypto, and that was a piece of good news because there are now many people who appreciate the use of crypto. We all know that this kind of process makes a more straightforward transaction and also secured it is lessen having too much queue management still we want this and made a payment to our country. However, there is a problem; yet there are few countries that do not wish to accept the use of crypto, and their officials restrict some of those. Still, there is a lot of processes before a system will allow into a particular country because they need to check the security, ability, reliability and stability to make sure there are no future errors. Hoping they will now accept the use of it and see the potential to make more money and also make a smoother transac
2595  Bitcoin / Bitcoin Discussion / Re: 2020 the year of Bitcoin technology getting accepted by governments on: February 22, 2020, 09:47:01 AM
2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!



Yea, no doubt that blockchain going to popular day by day because of its transparency and highly security. So when any government try to utilized it in his government body must be focused its variations that how many way connected blockchain and here cryptocurrency is one of them. So we the crypto lovers can be happy to see the blockchain technology.

Today there are a lot of people stating that year of 2020 is the most profitable year after the bitcoin started in 2017 because some of us understand the market graph of the crypto especially the bitcoin we are getting more information from the previous years how does it work still, for now, we do need to take a lot of information because all of the information came from the analysis and data came from the internet and base in our experience are just still not reliable who all know that the market price of the cryptocurrency especially the bitcoin is volatile even we have a good data and information of the people declined the bull run of the market there is a chance it will lose and becomes not informative. But there is a chance that the price of the bitcoin will increase after the halving because this applies the law of supply and demand that the quantity of the coin goes down and starting the market value goes up rapidly.
2596  Bitcoin / Bitcoin Discussion / Re: Sending Bitcoin through SMS/Text Messaging? on: February 22, 2020, 05:55:54 AM
It would have been a great and helpful idea but looking at the nature and design of bitcoin i don't think this is possible. How would the transaction even be sent to the network for miners to work on? There are so many questions that would come off with regard to this use case and i don't think most of them can be answered.

If your intention is to make transaction faster then people should learn how to save wallet address the very first time they use them in transactions so that in subsequent cases he/she would not have to copy the address all over again. i have heard cases where a copied address can be changed by hackers and if care is not taken you will end up sending the money to the wrong person.

That was a great idea that makes process of sending bitcoin through sms/text message, but I think it is not possible because if we are talking about cryptocurrency it is talking about online process and all of the transactions are connected into each other like we have known it is blockchain that every purchase is collected and we called those as a block and chain because it is connected. In sms, it is an offline method of sending through other services with the use of frequency to receive into other party. If we are trying to connect those kinds of action, it is not suitable, but we can use the SMS to make a message like sending of address into other parties to make it secured.
2597  Bitcoin / Bitcoin Discussion / Re: bitcoin boom or burst ? how to analyzed? on: February 22, 2020, 04:52:53 AM
at that time  still unsure whether bitcoin will boom or bust, how to analyzed the market from a different perspective ??

Actually i did not get any true indicator still now form 2016 that we easily realize the market. In year 2017 we saw many comments, analysis, indicators but nothing was actual and no actual news we got. So i think we have to keep our eyes into market and environment so that we can understand the market position.

I'm not an expert in analyzing every detail of the market price of the bitcoin, but I did some study and explained how the graph presentation works. Also by the use of the internet today we can now get a lot of information with the help of the search engines and even by the content of the other people it helps me a lot to make more research, ideas, studies, and also information what do I need to do and how to read the market price of the bitcoin. Before, the price of the bitcoin is fall back for over 8k dollars and now goes up for over 9.6k dollars and rises again for over 10.4k dollars that were huge. Many people got investment still because they see the potential of bitcoin to give a lot of profit. But now the price of the coin goes down again for 9.6k and becomes stable this is just only within two months there are a lot of changes within those phases, and now it is stable again like on the previous year, and this is a sign of good profit because the halving is coming within May or March that the source of the bitcoin will be limited, and the price of it will goes higher again. Those are the possible hint to identify if the bitcoin will boom or burst.
2598  Bitcoin / Bitcoin Discussion / Re: Sending Bitcoin safely through snail mail? on: February 21, 2020, 03:50:05 PM
Seems you really want the wallet sent to person?
Well, I honestly wouldn't send lots of coin like that. Some will probably know what the wallet is(unless disgused), steal it or try to crack it. I probably will send empty wallet first and then send the person the keys via the internet in encrypted form. Then send a message to the owner on how to decrypt key and store it in the wallet.
This might be a good strategy. OP can apply this to send the cold storage over a regular mail. First only try to send the wallet without any coins inside and then you can later refill the wallet with desired number of coins. But, truly speaking there is not actual need to take this risk. Bitcoins can be sent to any individual in any corner of the world in just few clicks so why try these riskier means of sending bitcoins?

OP can even send bitcoins to his friend and then ask them to transfer those bitcoins into a cold storage. This would make it much safer and reliable rather than mailing the entire cold storage knowing the risk that our coins might even be lost in the journey.

One of the best and secured transaction is used with the traditional way because we all know that today with the use of technology there are still many people would like to do something wrong to the other people and want to take advantage to them, and most of them are using their knowledge and skills in computer-related so they can make quickly stealing of information of the transaction easily. One of the previous transaction of sending information before is the snail mail even it takes a long time before the sender sends into the other party and get a reply again. Also, no one can steal the information unless they get the mail for the exchange that was a good strategy too still it is just only to the both party.
2599  Bitcoin / Bitcoin Discussion / Re: Curious About Bitcoin. on: February 21, 2020, 02:48:29 PM
These search numbers indicate us about the usage of bitcoins. A mass amount of population is holding bitcoins and hence it is common to see these high number of searches on google. A lot of people might come to know about bitcoins from google as google is the home for each and every information available on the world wide web.

Google is a educative platform which can even teach us how to earn bitcoins. I just hope that many more people come across bitcoins no matter from which platform they come to know about those but the mass promotion is something which is required in order to boost the sale and utility of bitcoins.

One of the growing earning today is with the use of cryptocurrency most of the people today would like to join into the world of crypto, and most of us are using the internet to make transactions to the other people who would like to earn too just like most of them and us are using the search engine Google because now most of the data and information today are coming from the Internet and by the use of the google search engine they are quickly filtering out the information used by the people. By that can now get an idea of how does the bitcoin works and other coins and also by the information and knowledge of the other people we can make any conclusion and use those ideas and apply into our own.
2600  Bitcoin / Bitcoin Discussion / Re: A question about withdrawing BTC on: February 21, 2020, 10:56:39 AM
Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, article on changelly.
If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat?

An ATM isn't anonymous, unless its in a place where you can use it while disguised/masked. Regardless of the ATM requiring you KYC or not (which can only make things worse) the fact that is a physical thing means it can have surveillance (and should, since vandals love breaking the things apart).

Some people find them convenient, i find them cumbersome (and horribly expensive). Your best chance for "anonymity" is online, perhaps even mining, but that option is rapidly disappearing.

Using ATM in withdrawing bitcoin is a good choice for conveniency, but then, as what he had said above, the anonymity will not really apply to it. Using ATMs requires information verification and authentication, and we all know it is because of the safety for everyone who will withdraw.

As many people are using bitcoin nowadays, there's a high chance that we will all need to verify our identities online to have a secure transaction.

One of the good adaptation today is with the use of crypto currency it is they are now supporting the use of crypto currency because for now only few people accept the use of crypto because they are afraid with the security of their users and people who would like to use it. By that innovation many people want to have a faster and efficient atm that supports the crypto but now only few country accepts it but still you can do that if your country are supporting of atm crypto but if it does not it is better if you convert your crypto into fiat even it has a transaction fee for converting still some of us really need money or withdraw our funds to use our earnings. Hopefully other countries appreciate the use of it and also see the potential of the crypto to gain a lot of earning.
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