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1101  Bitcoin / Bitcoin Discussion / Re: whats happend to india and the world on: May 08, 2019, 11:29:36 PM
We will see what happens next, it is just like this moment when Bitcoin was starting soar last ATH. There were many FUD etc to rollback the price and add the hacking of Binance. It seems unreal and not trustworthy at all just to depend on a single source , we should be resourceful and research as many viable information as we could. After all I see some good news about crypto currencies lately, me and my colleagues are also taking measurements on how to increase our crpyto assets. India is just a small part of the world even if they totally banned crypto currencies there, there would always a country that would take its place.
1102  Alternate cryptocurrencies / Altcoin Discussion / Re: Income from crypto trading. on: May 08, 2019, 08:35:34 PM
Stay focus at everything in your portfolio and never mind the FUDs that are seen on the daily news, it is a strategy, you just better hodl your coins and continue on your daily life. If you are not an expert trader at all then don't bother making profits with the current market trend as it will just give you loses. There is really no need for you to suffer intimidating results, let your self be free and relax, time will give you profits not your expertise in crypto, this is somehow I believe.
1103  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Traditional Payment Processors on: May 08, 2019, 01:55:46 PM
Anything can be possible, with the right amount of support from the government and financial institution, we can change what we are currently utilizing. It is never been this good in terms of payments, anyone could be shopping online, without even bank accounts, anyone even kids with enough amount of knowledge. They manage their own money with a single move, isn't that easy? It is clearly stating that Blockchain can manage to revolutionize traditional payments and boost economy growth, with such speed of transactions and minimal downtime we can do what we want to our money anytime anywhere with full control.
1104  Economy / Economics / Re: Putin warns of financial crisis the world ‘has not yet seen’ on: May 08, 2019, 04:51:54 AM
Bitcoin was created in the wake of the 2008 financial crisis... so does that mean that people will flock to cryptocurrency if there's another one?

It seems that is the case tat is gonna happen if the economy collapses but not all of the money goes to crypto I guess, there is also other traditional investments. Putin was saying that current rules just won't won't anymore and it has to be broke but he did not say we should be making crypto as a solution at all. When that time happens, I guess the normal people would be more affected, they should be opening their eyes by now or else it will be to late for them.
1105  Economy / Speculation / Re: Is Bitcoin on its way to $20,000? on: May 07, 2019, 03:41:57 PM
$20,000?

Probably around 6-12 months are the halving (which is 12 months from now). I’d say we’ll reach a new ATH between late 2020 & mid 2021.

It’s going to be like a rocket from there though, expect to potentially see $100,000 per coin by 2022.

I am hoping the halving as we speak will drastically increase Bitcoins' price. If that is the case then we still have time to buy portion of BTC to accumulate a more than enough to be satisfied. I will be contented for sure if the price goes 100k usd, if beyond that then it would seem we will be millionaires in a short span of time with little to invest right now.
1106  Economy / Gambling discussion / Re: Gambling Addiction Stories and Possible Solutions on: May 07, 2019, 08:57:23 AM
Thank  God we haven't been able to reach to that point, we still eat and sleep at the right time, we change our clothes on a daily basis and we are at our own selves. That man you are talking is beyond comparable to us. I believe that anything that extreme are bad to us, that guy should get help soon as there is a hard time going back if someones get insane in gambling. I know the world has been cruel to us, but it doesn't mean that only gambling and alcohol could ease the but, yes in a short manner of time but we should look onto further solutions, a long run solution that is available and harmless to us.
1107  Economy / Economics / Re: What's it like to live on crypto instead of Banks? on: May 07, 2019, 07:36:49 AM
Well the only things I couldn't do for now using crypto is that I am planning to have a car loan and the only thing I can give as a collateral is the monthly salary. Who could've give me such loan for now but nonetheless the banks themselves. No car company is still accepting Bitcoin here in the country and I feel sorry for that. For now I am enjoying Bitcoin as online tool of paying, I shop online and in an instant and that is what I am most fond of, no interest unlike credit cards and other middleman payments, direct to the supplier and the item is directly delivered to me.
1108  Bitcoin / Bitcoin Discussion / Re: Saudi officials assert that the fabrication of the bitcoin is illegal on: May 07, 2019, 06:22:03 AM
They are literally just wanting to make their own currency and shut down the competition as early as now. This is one of the highest level of hypocrisy: banning something that oneself will use anyway but with just their own rules, produce, and regulations. I don't blame them though if they don't want competition and they want their economy to prosper, but outright banning something that falls under the same category as the one you are planning to launch is somewhat confusing for the masses.

It is clear that they want to avoid future problems regarding uncontrollable issues such as digital currencies. It is well noted that digital currencies are decentralized, as much as possible the power of Royal Family shall remain intact. They will just replace it with a decentralized one, I don't see any problems with governments that wants to enhance it's economy on transaction speeds using blockchain. I don't want to see people rallying across the nation wanting to legalize that is not possible. In any case, people that go against the Royal government of Saudi will be judge accordingly, they are strict and people won't just be doing stupid stuffs like that and get beheaded.
1109  Economy / Gambling discussion / Re: Will you buy lottery online in bitcoin payment? on: May 07, 2019, 05:33:34 AM
Even in the slightest chance I would, but for now my feelings towards lottery is unknown. I don't felt it way back 2000's when I keep on betting but even just once I never had the chance to win. It is unlucky for me to participate anymore and I moved on. Here in our place lottery is very famous and I think if people will know how to utilize bitcoin payments I think they would'n even bothering falling in long lines just to bet in the lottery.
1110  Economy / Trading Discussion / Re: Please be careful with traders who.... on: May 07, 2019, 03:51:42 AM
If there are legit traders that wants to teach, they will be either your close friends or your families. Fake traders are rampant on using the original ones and thus make a living out of it. Sometimes they are groups of people who are paid to shill certain alts, in short ponzi scheme. Me and my colleagues have a private group and we barely talk to each other due to loads of schedules being busy on daily work, also including trading in crypto currencies. So the chance of a professional trader who wants to teach will definitely steal from you.
1111  Economy / Gambling discussion / Re: There is always a chance on: May 06, 2019, 09:12:29 PM
I can't have faith in that, since I knew what is lottery and how much I could win with the slightest of chances that we could've got. I somehow believed that it is hoax, someones manipulating the numbers and if somebody wins, I think it is one of their own doings just to reset the counter and let people think that the last big jackpot was won by somebody unknown. Well this is just a hunch though, I had bought severals times and never had the chance to win even a single time, I am talking about consolation prizes not the jackpot.
1112  Economy / Economics / Re: Crypto Scams are a global issue on: May 06, 2019, 12:56:27 PM
As of now it is still untouched and left alone, but it the near future we there will be too much to bear, maybe the governments of each countries will be holding more attention and may a group of cyber security teams will be created just to investigate crytpo scams alone. I believe that time is the time where crypto will mostly be legalize and used as a main currency for each countries.
1113  Economy / Economics / Re: New recession is around the corner on: May 06, 2019, 07:30:24 AM
Well in any case the world economy collapse at a massive pace I will still be ready. I have traditional asses such as lands, and these lands have full grown crops that are edible. If money won't have any value or food will be scarce, I still have backed-up plans and you should also too. I am just stating possible scenes out here, either you start your own farms or buy foods that are expensive in the future. We gotta be practical at all times. In any case I still hold my crypto currencies and continue life as it is.
1114  Bitcoin / Bitcoin Discussion / Re: WHAT HAVE WE DONE TO PROMOTE BITCOIN MASS ADOPTION? on: May 06, 2019, 04:55:00 AM
We be hardly getting new users if we only teach them or preach to them what is bitcoin etc. We need the word "show", yes, show the people how this technology can change speed of transactions, lessen the fees of transferring money to one another, make them feel more secure and so many ideas of how their daily lives can be easy the way it supposed to. Surely there are people who knows what is bitcoin but do not know how to utilize and sometimes don't trust the product, we must change these these perceptions and show it to them what it really is and can be.
1115  Economy / Gambling discussion / Re: Happy accidents on: May 06, 2019, 03:19:31 AM
What are your gambling accidents that ended up did good to you instead of bad, mine was setting up a reverse martingale instead of the normal martingale with starting bet of 50k satoshi, it ended me winning 0.0035, i immediately ended it when i realize what was happenin

I accidentally bet my whole bonus and won. I did not knew it was my bonus that I was playing with the dice and then suddenly it became double. I
immediately stop and had big breaths when I knew it was my bonus. Good thing it was all win, I was blindly playing.
1116  Bitcoin / Bitcoin Discussion / Re: Bitcoins labelled a gambling device on: May 05, 2019, 09:08:10 PM
He is not totally wrong when he said that. This is an investments and it could also fail. There is no assurance at all and we should not think that it would always go as what we have predicted. We don't know the unseen here and anytime the value of our investments can go to zero and that is a total lost so we are just making a hunch here. Two outcomes are only available, win or lose.
1117  Economy / Trading Discussion / Re: What approach/methods will you use during the next BTC Bull Run? on: May 05, 2019, 12:52:39 PM
I am wondering what I will do during the next bull run.

Here is one idea:

Buy $XXX amount of Bitcoin every increase of $1,000 and HODL until a certain limit.

Or

Buy $XXX amount of Bitcoin every increase of $1,000 and then Sell for profit.

What about you? Cheesy

The people will mostly feel the effects of their profit from that suggestion would be the ones who trades with high volumes. What about the small traders like me? So we keep every second counts and we take even the slightest profits. So I'd rather just buy and hold and wait for it until I see multiplied profits. I am a blind buyer and never sells at the moment you could say I am a strong holder.
1118  Bitcoin / Bitcoin Discussion / Re: 3 arrested in Bangladesh for merely trading Bitcoin on: May 05, 2019, 12:34:36 PM
I thought they were innocent traders, OP should change the subject. This could be a misunderstanding and therefor lead to FUD, with new users of crypto currencies now, they would be easily confused in the subject alone. Unless click the link and read the article carefully. They were not just "mere traders of Bitcoin" but they did something that is not right and against the laws.
1119  Economy / Gambling discussion / Re: What do you think about the gambling site's having a promotion? on: May 04, 2019, 12:47:08 PM
My thoughts about this is that gives a fair deal. It is very helpful mostly to players who've lost, even though a little bit of incentives it should still be a chance of gaining back what we have lost on the site. Giving us another opportunity to play again without entering more money at state of lose, I am sure many gamblers does stay with sites that offers this unless there are new ones that offers better than the other.
1120  Alternate cryptocurrencies / Altcoin Discussion / Re: HOW TO KNOW THE IDENTITY OF ALL ICO SCAMMERS on: May 04, 2019, 07:59:10 AM
I woke up this morning and just wondering how i can be of assistance in this race of making the ICO clean, because ICO is not what is bad, the scam being done is what is making ICO bad.

So let us pick it from this point, a scammer draft a whitepaper to get people's attention, innocent investors pays money to the scammers through Ethereum address, the scammer gets the transfer into his own wallet, he then transfers it to another wallet on a local exchange that will convert it to FIAT and transfer it to the scammer's traditional account.

What if we trace it from here, at least the account was transferred to a wallet, Local exchanges should be able to scan through their database to see the bank the scammer transferred the money to when he requested for withdrawal, at least investors knows the address they transferred the money to, which can be disclosed to exchanges to use for further research.

To make my point clearer, let me use an example, MR JOHH has ETH in is abc123 wallet, i asked MR JOHN to transfer money to my account from his address, the token from MR JOHN abc123 wallet landed in my wallet address abc700, and then i transferred it to the wallet address of my local exchange abc800 which is LUNO to chnage to FIAT and transfer to my account, LUNO should be able to trace my details to my bank since they have my KYC done already and since the receiving bank too has the details. i.e abc123 to abc700 to abc800 to scammer bank, bank to be contacted throug legal means to disclose the scammer information for authority to use.




You need proofs first to sue someone, and that whats the banks needs for them to give the personal informations of the owner of the bank. There are lots of things to do and crypto scam investigations are way harder than normal money laundering scams and frauds. If the banks are being played, then it could mean that any information you wish to acquire from them are certainly not possible.
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