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1781  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: June 24, 2020, 03:35:12 PM

No need to start a war because we are about to be wiped out by the virus. But if there will be a war soon, China would be among it. There is just too much dislike when they are on top. The infantries are just imposing strictly to maintain their guard on borders, they can't just leave bottle of vodkas on borders like what other countries did.

the situation while still in the pandemic corona was irrelevant when playing war issues let alone border confrontation. because no benefit will be obtained if it happens, but it will destroy both sides. covid pandemic has not been able to subside and may end up which has taken a lot of thought and funds spent, if coupled with war it will add to the ongoing economic difficulties. but obviously they will think about this situation and will not start first, because the impact is clearly not good both economically and foreign policy.
In the 1920 in World War 1 there was also a pandemic going on and if I remember correctly then the cause of deaths for most of the people wasn't war, it was the pandemic that struck the world population harder than the world war which was going on. This time also there is a pandemic going on and if the war breaks out then also the more lives of people will be taken by corona virus rather than the war itself. But now countries have started to think before taking steps and there is also UN to stop the conflict between countries, but if a war break out then we can also see use of Nuclear Weapons as means of mass destruction for sure.
1782  Economy / Speculation / Re: Now BTC Price will drop or up? on: June 24, 2020, 02:54:46 PM
it is very difficult to predict in the current situation, the price of bitcoin is still stable,
it may go down at $ 9,000 then go back up to $ 9500, let's see

well thanks for your excellent predictions. its already touched 9500 level. so next we could see retest around 9800 level. if that not break it might pull back in previous zone.

let's see if this happen or not
This level is actually pretty important in deciding the fate of bitcoin price as a small dump will lead to a bigger dump now as it will confirm that a bearish market is started but a small pump will take the price higher and will again test for a bearish market, so I am watching the price carefully here without taking any risks in trading at the current moment. Although if you are trading then you should use stop losses right now for precautions against a trend reversal.
1783  Alternate cryptocurrencies / Altcoin Discussion / Re: Enough of repetitive projects and old ideas on: June 24, 2020, 02:25:40 PM
you are right. The crypto space is very crowded right now with projects that are similar to each other. It means that blockchain technology is getting more mainstream. But it doesn't mean that each project would be just a copy of another. I really admire developer who can still think of unique projects despite the saturated market.
There are many similar projects in crypto space what really matters which team is developing those projects, if that team is having a good past with previous projects or are doing good with their current projects then it is good for the project. The team really matters if two projects are having same features as the implementation is gonna be completely different in both the cases and the better team will definitely get better results as compared to the other team which are in it just for making money.
1784  Economy / Trading Discussion / Re: What you don't know about Technical Analysis on: June 23, 2020, 04:07:14 PM
Most of the time we do technical analysis without understanding and when we analyze something we make a decision without knowing the facts behind it or without understanding it very well. Many times we know that despite the fact that Technical Analysis plays a very important role in trading, we trade with passion, maybe there is a lack of skills.
There is always trend hidden in another trend and many a times we mistake it for something else or we are unable to find that hidden trend which makes trading unpredictable and that is what I mostly miss in technical analysis, but mostly that microtrend doesn't have much impact on the outcome and when it does have its impact then I loose money and I am working on it day by day to improve my abilities and also my profits that I make from trading cryptocurrencies.
1785  Economy / Economics / Re: Which is better, staking or investing? on: June 23, 2020, 03:30:56 PM
The open blockchain platform Harmony has announced that it will start supporting staking from now, in an effort to create a blockchain-based infrastructure.
source: https://www.harmony.one/
Of course, as I know, there are many exchanges that support staking.
I want to fully understand what is staking and what are the best coins and platforms that we can do staking and give good profits?

My most important question: Which is better, staking or investing?
If you hold the majority of staking power of a coin then I say staking is better or maybe if you want to hold that altcoin for long terms then staking can give you some extra return. But I always prefer investing in IEO or for a short period of time as it yields higher returns than any other method. But these days it has become tough to find a good project even with this many number of IEO rating websites as these websites have most probably started giving fake ratings to those who pay them nicely.
1786  Economy / Trading Discussion / Re: Tips for good trading on: June 23, 2020, 03:07:02 PM
These are indeed nice tips to guide everyone through a profitable trading adventure, however it is far harder than it seems because onces you are trading, alot of things have to come in play because even the slightest factors you didn't foresee can affect the price of a coin leading either dump or price increase but most of the times, it often leads to dump and this is the fact that everyone needs to understand perfectly before trading
Before trading should have a comfortable mind and not to think about other things, I usually read or watch some entertainment articles before trading because it makes me feel comfortable. When I start trading, I always choose the price to buy and sell at a good price. Of course, it's not always so easy because the crypto market is very volatile.
I never get any coin on what price I was hoping to buy, its always some up or down in price when i am trading.
What I always do is make some charts and study the trend and make that on those charts and then I speculate what is the next move of the market and make my strategy according to that and also browse some tweets by analysts that I follow on twitter, sometimes I am proven wrong but in the long run I have made decent amount of profits from trading.
1787  Economy / Trading Discussion / Re: Where to go with all my BTC profits? on: June 23, 2020, 02:13:32 PM
Hi guys, i wonder i some of you know about some debit cards that i can load and use without my government know abou the account?

Recently i made a lot of profits with AdRoi.me, the profits are increasing and now i am at the point that i could even live from that but if i send it to my bank, the tax hammer will hit me, i know there are a lot of things i can pay with bitcoin directly, but i can not pay my food with it.

What about crypto.com, are the silent about their clients?
Actually you can save yourself from taxes by exchanging your bitcoins in person to a buyer and by this you will bypass the exchanges and their fees also. The only problem in this is building trust, at first none of you will trust each other but after a few trades, trust will build up and then you can relax without paying any taxes on your earnings, but I wouldn't advise you so, you should always pay your taxes just like a responsible citizen would do as taxes make country grow stronger.
1788  Bitcoin / Bitcoin Discussion / Re: John Cantrell revealed how he successfully hacked bitcoin wallet on: June 22, 2020, 06:52:43 AM
How many Bitcoin wallets have been hacked already? Just one or two? I don't know what is the intention of this because ain't that convincing to me, to be honest. I don't know also if John Cantrell is telling a lie but certainly what he does is telling everyone that having these 12 words seeds isn't enough. Should we need to double it and make it 24 words seeds so there is no chance to hacked? That sounds interesting and this person is actually beyond his knowledge telling and such having this hacking skill is also beyond excellent.
Someone could hire him by now... Cheesy


There are more than one or two bitcoin wallets hacked already, its just some of the hackers publicly share their findings and others are black hat ones who always are hacking but not sharing their trophies. Everyone used to make brainwallets back in the starting days of bitcoin, but there was also a flaw in that method and was also easily crackable by a technically sound person, a researcher in DEFCON made a seminar about brain wallets and how he could have easily stolen more than 100 bitcoins pretty easily but he didn't and after some time those wallets were emptied by someone, it can be the owner of those wallets or can be the work of a hacker, no one knows the whole truth.
1789  Alternate cryptocurrencies / Altcoin Discussion / Re: Why lots of people got scam easily on: June 22, 2020, 05:53:05 AM
Its because of greed. Some of us are not thinking and the only concern is to earn money quick. So even the profit is too good to be true or the project seems unrealistic they will buy that offer hoping they will gain huge from it. Hence they will end up getting scam and realize their mistakes after losing their hard earned money. Newbies are not the only one victimize by this because even those who've been here for long but greedy to earn are sometimes ending up with scam projects.
You're right, greedy people sometimes can't control their will to get more. investment without planning and analysis sometimes makes us blind to projects that only look good because of collaboration with other large platforms.
And this collaboration with big players also don't guarantee a good profit if you invest in those projects. Also trusting a website just because there are big names written on it and is having a good interface makes us vulnerable to getting scammed, the initiative of exchanges starting IEO's is actually making the crypto world a little scam free as the ICO were amongst the biggest scams in the history, a lot of good looking ICO turned out to be rogue and now this trend has changed, those projects which are legit are always looking towards gettign listed on an exchange for the IEO and not opting for an ICO.
1790  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: AIR DROPS ! wasting time or not? on: June 22, 2020, 04:42:10 AM
I like airdrops from old projects, they are more reliable that's if they are legit, always confirm from the project telegram group first before making your first move, secondly trading Airdrops are two steps better than non trading airdrops
Me too, I just like the airdrops of the old projects listed at the exchanges. Certainly we will receive money from these projects and its price will also be much more stable. Also I am participating in the contest of exchanges, which is also a way for us to get money in this market without participating in airdrops and bounty.
It is difficult for you to find the airdrop of old projects, their projects have been developing in this market for a long time so they don't need to make airdrops to promote it. And if there is such an airdrop, I believe its budget will be very low
Yobit holds a huge number of airdrops for all the listed coins on the exchange but as you said the amount is always pretty low. actually there is nothing to loose by participating in those airdrops as they are already listed so you can sell your tokens and Yobit is also not asking for some fees or any other thing. I don't like those airdrops which asks for the user to send some transaction fees to the ethereum address as chances of getting scammed are pretty high and also there isn't any assurance that you will make some money on your invested time and money that you spent.
1791  Economy / Trading Discussion / Re: When the US stock market goes down Bitcoin goes down on: June 20, 2020, 03:34:27 PM
Today, the US stock future goes down near 900 points then the bitcoin prices goes down too.  It happened the same in March 2020 when the US stock market goes down then Bitcoin goes down $4500.  Any one knows the psychology or the mood of the trader?  Thanks.
This trend is just a recent trend and previously the reverse used to happen a lot of times. When the stock market used to fall there was always an increase in price of bitcoin and when the Chinese stock market used to fall some points then the bitcoin also used to loose its value but now this trend is changed. The same happened when the lockdowns were being announced around the world and Corona virus was declared as a pandemic but the recent fall didn't had any reason behind it.
1792  Economy / Economics / Re: What brings economy of a country down. on: June 18, 2020, 05:26:04 AM
I think the reason for the country's economy going down is the government's unawareness Everything interferes in the hands of political leaders in which case the leaders manage everything as they wish. In addition, if inflation occurs in a country and resources are not used properly the country's economy continues to decline If the government itself takes the right steps it is possible to reduce these to some extent The government is responsible for this.
Actually the market tensions also play a major role in determining the Countries economy to  certain extent. Take the example of India vs China border tension going on now, there will be a lot of spending if both the countries go to war and then the government would have to pump more money by printing more of it thus inflation will also be there and then there won't be much business due to the increasing number of COVID cases, thus bringing the economy down even more.
1793  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Mobile Gaming on: June 18, 2020, 04:35:33 AM
As mobile gaming become start to become popular in the world of gaming.
I have this thought on my mind;

Can we relate Bitcoin with Mobile Gaming?

Just like Bitcoin; banks can be a traditional and Bitcoin becomes much easier and comfortable to use.

In mobile gaming; PC Desktop games/console games, etc can be traditional while games on mobile are the new trend where you can play comfortably anywhere with just your mobile phone.

Does it ring a bell?
It's kinda the use of Bitcoin is much comfortable since we just need a Bitcoin wallet and internet connection to make the transaction.
And in gaming: we just need a mobile phone where it is easy to access anytime and anywhere and play since you just need your mobile phone, no need to bring your console/PC desktop every time just to play.
Mobile gaming market is pretty big market and now a days even there are Esports tournaments of games like pubg mobile, call of duty mobile, free fire, etc. But I have never seen any popular mobile game that accepts bitcoins as a payment option for purchasing their in-game currency. I guess it is because of the fact that they always want their profits to be steady and that's why they aren't experimenting with their in-game transactions, so they only accept card payments, bank transfers and PayPal.
1794  Bitcoin / Bitcoin Discussion / Re: United Nation Expert admit Digital Currencies Could Replace Bank Accounts on: June 17, 2020, 02:17:13 PM
Good for them to early admit the truth with cryptocurrency and fiats because the world is patiently waiting for a global adoption of the said digital currency. Though believe me, the government won't allow us enjoy the full benefit of cryptocurrency because they will surely come with tough regulations policy to custodians of cryptocurrency. Also, we should be waiting for a compulsory know your customers for everything we do with cryptocurrency.
The article talks about digital currencies, which I think aren't cryptocurrencies, they are talking about the government owned digital currencies which will be used in the future and can replace fiat and banks. The government won't allow cryptocurrencies to rule the world as they are pretty volatile and can cause serious trouble for the investors that don't know the risks and moreover government will also heavily tax those who owns crypto to discourage the holding and use of cryptocurrencies.
1795  Economy / Speculation / Re: BTC big Movement.... &.....ALT.......... on: June 16, 2020, 12:49:29 PM
What also I am looking forward for that $10,000 is being a bull trap for Bitcoin now.
Volume is decreasing but we still can't stay above $10,000 or above for even just a week. With these dumps and multiple rejections to $10,000, I  am started to think that we will see $7,000 first before $10,000 again.

Bitcoin can go to any lower price than now. The market is bleeding once again. There is hope for us to buy the coin at a low price, so use your time to buy. But wait, I hope that the price will not down to $7k because that will be too deep to go down, and we will pass every lower price later. Besides that, I hope people can stay calm to see the price falling so they can analyze to have a good time to buy more bitcoin.
I'm sure and definitely the price of Bitcoin won't touch $ 7000 this year,
because we in the range Bullish! so hold your Bitcoin and buy Altcoin, I'm sure altcoin season is also getting closer

Well, you can feel sure about that, but we know that bitcoin can go to any price, even to the lower price. We still see a low price for bitcoin, but now, bitcoin price try to increase the price, and it still going up for more than $9,500,  and the red candle has changed to the green candle so that we might see another bullish trend this week. Meanwhile, the altcoin follows bitcoin so far, and some of the altcoins can try to increase too. Yes, the altcoin season will come soon.
Chances of bitcoin going up are less, I personally am betting on the price of bitcoin to fall which seems more accurate currently as bitcoin was loosing its grip from $10.2k and is also falling from $9500, so the next target is $8700 and if we touch it then the chances of a bull run will also be pretty less.
Altcoins always rise in value in terms of USDT and also in relative terms with bitcoin as well when a bull cycle is completed in bitcoin, but we won't be able to see the altcoin pumping cycle if the price of bitcoin won't go up.
1796  Economy / Speculation / Re: For real? on: June 16, 2020, 12:09:50 PM
The Analyst predicts that the next bull run will send bitcoin to $150k and Either to $9k and other solid altcoins will make bigger movements as well.

Quote
In a tweet on Thursday, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.


Source: https://cointelegraph.com/news/analyst-predicts-next-bull-run-will-send-bitcoin-to-150k-and-ether-to-9k

If this is really true, it's really good to invest now and wait for the next bull run, it would be more worthy if we invest more compared before. The prediction is a really big amount of money and it would give more profit if things would happen according to the predictions.
There isn't any solid proof attached to this prediction and even a child can predict the price of cryptocurrency in the future will be far greater than what it is today. Those predictions which are having historic values and their relations with each other seem to be more reliable and believable than this kind of prediction. I personally think that bitcoin will reach $40k approx in the next bull cycle and other altcoins will gain more as compared to bitcoin.
1797  Bitcoin / Bitcoin Discussion / Re: seems like bitcoin is too slow to progress on: June 16, 2020, 07:05:18 AM
That is because bitcoin was created too early.  Grin

What updates are you looking for?
It was almost made in perfection. The actual problem is the usage and not updates.
If merchants will just try to think out of the box with their payment option then you will see it everyday in stores just like VISA and Mastercard posted in their booths.

It's just a manner of time.
Today a lot of people actually know about bitcoin and that accepting it isn't a big hustle in it. But they are afraid of the volatility associated with bitcoin and also the transaction time involved. Most shop owners always double check the amount you paid to them if you pay them on PayPal. But this isn't the same with bitcoins, the funds actually take a lot of time to arrive. I guess shop owners can start accepting payments in other cryptocurrencies like ethereum because of less confirmation time and when the problem with bitcoin transactions is solved then they can also add bitcoins too.
1798  Bitcoin / Bitcoin Discussion / Re: One mistake and l have lost all bitcoin on: June 16, 2020, 06:26:42 AM
No matter where you invest, you have to think about it. Once you have invested, it is time to come back. There could be a lot of damage in that time. To invest in the crypto market, you must first verify the authenticity of the token or coin. It is not wise to invest in nonsense tokens. I don't think so many boats should be put together. I would like to invest in Bitcoin with confidence and trust.

The first thing to know is that for all investments that have very risks, it is just a matter of how to mitigate those risks properly with a accurate analysis so that there is no huge loss. in a situation like now it is not advisable to invest in new altcoin, although it may be very tempting, it is better to stay on the top altcoin that already exists in the market. I am more inclined to you the best for investment of course on bitcoin, does not mean that altcoin is not good, ethereum, BNB, XRP, NEO are also very good.

These tokens are already on top now so very less chances of making good profit and it is always better to find the tokens that are about to rise in value as they can give you immense profit if you are lucky enough to find them.
Also for the OP, as you have lost big time in following other's advice, you should never follow what others say blindly and should always do your own research as what athers suggest have worked out for them, maybe it won't work out for you my man.
1799  Bitcoin / Bitcoin Discussion / Re: New Body Of Control? on: June 15, 2020, 03:52:53 PM
If we were to go to a 100% bitcoin currency system. The banks and governments would loose control of whole financial system. The present governments would loose control.

Therefore a new system would be needed to run each country. What do you think would be the new body of control?
How could this work?
What type of system would be put in place on this.?
I don't think the people can control themselves as too many minds and ideas of where things can go in a direction. Therefore you still need a council or kingdom of control.

your thoughts.
If the world currency goes decentralized then the governments will try to centralize the decentralized currencies. If bitcoin will become the ruling currency of the world then governments will try to have as much mining power than other countries. More mining power would mean more control of the network and more number of votes in the future forks, if any. But as the government needs control to run a country so they won't allow the banking system to be decentralized as banks are the backbone of an economy and they won't let go of it that easily.
1800  Economy / Economics / Re: Why is bitcoin worth so much ? on: June 15, 2020, 03:18:02 PM
Why is bitcoin worth so much ?

Bitcoin price $9,442.51 coinmarketcap
Ethereum   $236.39    coinmarketcap


1.Btc transaction fees are high
2.Btc takes like 10 minutes - 1 hour to confirm
3.It has no smart contracts support
4.No tokens support
Etc etc ...

Where does the value of bitcoin come from ? I don't understand the logic behind the valuation ...
The value comes because of the fact that Bitcoin is the genesis of all the cryptocurrencies and also that ethereum is having an unlimited supply but bitcoin supply is limited to 21 million coins which will be mined by the end of 2140, so limited supply and high demand of bitcoin which ultimately makes its price higher than the most of other cryptocurrencies. Bitcoin is more of store of value rather than a currency to most of the people, they are saving their bitcoins and using altcoins like ethereum for transactions and paying for goods.
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