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761  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 25, 2018, 11:12:06 AM
Today Game of The  Day Germany-Sweden

Not easy for germany Sweden will lock door to his net
To be or not to be i wish Mexico to win against S Korea and qualify
There is no easy wins on current Mundial finally we have  more goals  
You are right, it is impossible to say that this one team will win because game has upsets as well. We have seen few days ago that Croatia beat Argentine which was an upset for the audience and for the football team of argentine.

Now Germany and Sweden are also tough teams and Germany can see upset again against Sweden but it is a game changes in the last minute.
762  Economy / Speculation / Re: Need money... on: June 25, 2018, 10:32:44 AM
I am going very bad phase.I need my money for my personal reasons.So can I withdraw my some of my investment.

Everything in the market is going red and red day by day. Everything has already reduced more than 100 % .So there is any chance to increase in the market within 15 days.
I can wait only for 15 days.
Should I wait for 15 days or withdraw instantly.
It is your choice to make, however, you may want to change your topic as that would give the wrong impression to mods that you are begging and that is against the rule of the forum. If you feel you are in dire need of the money and there is no other source you can get it from, you have no choice than to just get out some of what you have to fix that.

Unfortunately for you the market is in a huge bear trend, but it is what it is. Most people are not good in making profits in down trend markets. If you have skills then you may win within that also. But as of now, staying away from active trading is highly recommended.
Market of the Bitcoin is suffering from a down fall these days and this market value made many investors in loss because they had invested in a market where the value was more than the current market therefore they are upset. However the current market is a golden opportunity for people due to the low price of about 6.1k dollar people can collect a lot of coins.
763  Economy / Economics / Re: The value of bitcoin? on: June 25, 2018, 10:03:04 AM
Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation.   The price of gold is determined by the cost in human labor to mine it.  It can then be exchanged for another commodity which takes an equal amount of labor to create it.

Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me.   I can then buy and sell based on what I determine as value at any time.  

I’m not a currency speculator but I also believe the US dollar is being killed.   I don’t like having much of a cash position but would rather be fully invested.   At this time what I see is a highly inflated value of the S&P 500.  Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.

After many years I have developed a feel or intuition to tell me when prices are out of line.   When it comes to bitcoin I am at a loss.   I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue.   I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent.  It seem that it should be relatively close in value to the cost incurred by the bitcoin miners.   How do I find out what the current cost is to mine bitcoins.  It cost to mine a well know number kind of like the PE for a stork or index?

I have started to buy small amounts which I plan to hold but I really don’t like the volatility.  It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value.  I doubt I would hold if bitcoin went over 5000.  It seems to be moving a bit too fast.
LOL, I don’t know what you’re talking about, all I know is that the price of Bitcoin is $6k as of now. So anyone telling me that Bitcoin has no value must be very crazy. Unless you mean at the start and that was a decade ago.

And I can remember that the price of Bitcoin then as of when it was new was around $0. Cents Or so and later got to $1.7. From there it got to $250 around 2014 or so. Now it is worth thousands of dollars and this is the worth as of now. Everything has its worth, and as time goes by, the worth either increases or decreases.
764  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: June 25, 2018, 09:34:13 AM
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
I am not in the favor of paying tax over your Bitcoins because it is a currency and we all should keep in mind that it is not an asset and decentralized in nature while the government is considering it as asset and it is very clear that this does not belong to government. So they have no right to implement taxes over it and we should oppose it because it is just like to sleep in sunny day.
765  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will reach $ 15000 in this year. on: June 23, 2018, 11:51:34 AM
Having negative news on my whole day my hope is weakened too. It was still a heavy fall today.
There is a concept that says that you will not loose even a penny if you do not sell your portfolio. Rather hold it when the market is red. Of course you will loose if you panic sell.

Besides, there are many people who had invested in the crypto and went through the same depression phases but in the end they reaped some really good money. This makes me think of those who sell during the red market. Depriving themselves of the bounties the crypto gives when it is boom.
766  Alternate cryptocurrencies / Altcoin Discussion / Re: Keep these things in mind when you are into crypto world on: June 23, 2018, 11:16:15 AM
Hello everyone,

I am in crypto world from August 2017 and learn a lot and still have to learn a lot.

Let me share few things with you which are very important.

How to find weather ICO is scam or not

There are few things which we can check to avoid scams.

1. Do check their whitepaper , if you don't have any technical knowledge then you can take help from google to comes to know about project reviews because there are many website who review about ICO's
2. Do check their Team members, try to find their social accounts and do some background about them and their past experience.
3. Check out their Roadmap, check out discussion of projects on bitcointalk,reddit,telegram and other social channels.
4. Check their partnership details. Try to contact their partners to confirm it.

As once you select that you want to participate in ICO, then what you have to keep in mind.
1. No one from team member will contact you personally through telegram or other channels to contribute to you. Only ways of contribution are either through their website or that is mentioned on their website.
2. There are many fake admin profiles on telegram , they will personally message you and will give you contribution address to send ETH/BTC or whatever. Don't listen to them and ban them immediately.
3. Only trust official websites, Admin and team member.
4. you will get email from hackers , don't open them.
5. use 2fa and other securities to your accounts on exchanges.

Recently i get email from fake cryptopia exchange team that someone is trying to access my account. I click on that link and found that it was almost similar to real cryptopia link. So avoid these types of email.

If you have any question or need any help, leave your post below. I will try my best to help all of you.

Thank you and all the best.
It’s always good for everyone to be careful, whether cryptocurrency or not, you just have to be careful with the way you do business with people you meet online and have never seen them in real life and know where they live.

There are lots of scam ICOs out there and you have to be more smart to discover they are scam. Some of them folds due to lack of funds, you also need to avoid those too. There are lots of things to check, but the op has already made a list of them all, so no need to go for it.
767  Economy / Economics / Re: Reason we pay taxes and why we should on: June 23, 2018, 10:45:37 AM
If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
Dude, let me ask you, do. You work for the government? Are you one of the tax enforcement agencies? Lol, cause you sound like one of them. Even without paying your tax, the government can still afford to do all that if they are doing the right thing. You don’t have to pay your tax for the government to be able to do all that you have mentioned.

They can pay workers without your tax, they can maintain parks without your tax and do a lot more than that, if they are going to do the right. The problem we have is that most of these politicians are criminals and all they are good at is embezzling money.
768  Alternate cryptocurrencies / Altcoin Discussion / Re: Successful ICO Experiences on: June 23, 2018, 10:17:38 AM
I see many people asking for opinions about ICO investments, if they are good, profitable or not and I see many people replying it can be good or not, you must have knowledge to choose a legit ICO, to find out who are the developers...

But I would like to hear successful stories about people who invested in ICOs and made profit. Please, tell what ICOs you invested and how much profit you made, if you liked it and if you still look for this kind of investment.

Never did i experienced investing in an ICO but so far all my parcipated ICO’s  are pretty successful although there are some that has been too late in distributing the tokens who took me awhile and waiting and another waiting for the token to be listed in a big exchange. Like i have one token in my ethereum wallet that been there still for 3 months already because the team are still working to have more investors i think before putting it on an exchange.
I started investing in ICO as well as participating in some of their bounties last year and I must say with my selective pattern and how I have tried my best to always screen out any ICO that I want to join, I have had 100% success stories.

Even despite the fact that this year has been rough in a way and no much story to tell, I still believe in the coins and tokens that I am holding and I so much know no matter what, it would still be a success story eventually as I have that much faith in them.
769  Economy / Trading Discussion / Re: Quit cryptocurrency trading its not for you! on: June 21, 2018, 11:33:16 AM
To an extent I think you are right and I agree with your point that a lot of people believe cryptocurrency is a quick and easy way to turn money you already have into a massive amount. However, I dont think that it is right for a person to tell another person where the do and dont belong. If they want to invest and sell quickly, let them and let them learn the hard way. Cryptocurrency does require research and keeping up with, but experience is going to also really help a person grow.
That mentality was exactly what made people to join FOMO, some even did go to the extent of borrowing to be able to enter into the market and now suffering huge loss and unable to pay the loan.

It is absurd to think that the market is a get rich quick scheme when indeed it is not, and it is because of this they get to panic easily when things start beginning to go unexpectedly in the market, and in such state, making decision without applying emotion for those in this category is impossible.
770  Economy / Gambling discussion / Re: Online Gambling Versus Traditional Gambling on: June 21, 2018, 09:03:39 AM
traditional gambling can be more reliable because it can face to face with other players, so the risk of fraud is very small. but the shortcomings are a matter of security, because no one would agree with gambling, and it would be reported if someone caught a gamble. online gambling is more secure, because playing at home alone, no one will know, and also can shorten the time and place. but the risk of fraud like money is not paid too big.
Traditional gambling even makes the idea of luck come into play most of the time even though we have heard of occasions where there may be some machine tampering for some type of games.

Nevertheless, the truth is that there is no way you won't even feel more relaxed doing your thing and basing it on luck without manipulations compared to online gambling where you have to rely on provably fair being indeed fair. The thing that online gambling brings that makes it unique is just the anonymity and quick level of transaction.
771  Economy / Gambling discussion / Re: What currencies do you gamble with? on: June 21, 2018, 08:18:24 AM
I prefer not to gamble with Bitcoin because I'd rather hodl it Smiley
That's wants on my mind too but I can't stop myself for doing so. As long as you're not going to gamble with your entire holdings.

I prefer to gamble with bitcoin and ethereum only for now. Higher bets for ethereum and fewer bets with bitcoin.

both of you is right, I prefer to hold bitcoin and ethereum and the other expensive coins because it's worth for me and I think we can use another coin for just playing gambling. it is better to use dogecoin or reddcoin as the bet coins because this two coin is really cheap and we can buy a lot of amount in the exchanges so we can send it into the gambling site.
I think online gambling is just waste of time. I prefer traditional gambling because if you want to enjoy then go to a casino and have fun with your friends. If I gamble online I will never use bitcoin for gambling because bitcoin is a business and I will never put my business in gambling bet. Always pay from your credit card and not from your bitcoin wallet.
Obviously, it will be an absurd thing to even start comparing online gambling in terms of fun with traditional gambling which is one of the reasons why I always ask myself that those who say they gamble for fun online really do get to have the fun when they are just in front of their systems.

Not to divert though, one of the perks of online gambling, at least, for most of them is to be able to gamble with different coins as long as it is available on the platform. At least I am very conversant with cryptogames and freebitcoin which also have freedoge as well.
772  Economy / Gambling discussion / Re: WON 2000+ LTC on Fortunejack - is Fj broke ? on: June 20, 2018, 06:49:05 PM
If you have solid proofs, like pictures or conversations with you and fj support open a topic in the scam accusation. There you will get more responses than here. However I see you just started this topic today, wait until tomorrow and if you don't withdraw your money it is in your right to open up a scam accusation against them.

I was hoping to get their attention first before further actions are taken. This is extremely unprofessional on their part.
This not the first time this kind of B.S is going to be happening with FJ. I have had this before and I guess because of my time, I was not even able to take it up until I ended up being able to get all my funds and vamoosed out of that punk ass place. It is absurd because I see no reason why I will deposit a huge amount of fund into the platform; win certain amount and it now become so hard to give me my fund. It even got to the point that I was wishing I even got my funds and they kept their winnings to themselves, but no way, as they would just keep coming with flimsy excuse. Why not come up with those excuse in the first place before depositing?
773  Economy / Gambling discussion / Re: how long you can stay without gambling? on: June 20, 2018, 06:14:29 PM
Obviously, there is no way that at a point in time, every gambler will not know that their gambling activity is getting out of hand. However, most of the time, there is just usually that thing that speaks to you like, just one more time and you can relax and that is how it all starts and you see yourself fully in it and trying hard to stop.

It is good if you can control it right from the start than it taking over you and finding a way to let yourself out of that bondage in the long run as that is the hard thing about it.
The craziest part of it all is that some actually will know when it is getting out of hand but the problem is that they just would not want to admit it is actually getting out of hand and try to use several means to console themselves or deny the state of mind that they are in.

It is one crazy impulse to always come out of which I believe that anyone who is actually finding problem staying without gambling should start asking questions on where things are already beginning to go wrong.
774  Economy / Speculation / Re: Sell now and save some little of your money. on: June 20, 2018, 05:02:43 PM
I will advise us to still hold our bitcoin as it seen bitcoin will soon recover. Selling at a time of downfall in pricing is a very Wrong decision because you are to buy now that bitcoin is very cheap.  I will advise you to buy and hold as this is going to affect bitcoin positively.  When you sell you are part of those contributing to bitcoin dump.
For anyone who has been holding all these while, I really will advise that as well. There is no point selling now as the possibility of the market falling way lower than this is not even there yet, but it would really not be a good thing to sell now and then see the market moving upward and not knowing what to do.

I am basically saying this because of those who do not have any technical analysis knowledge and this is the reason we always say better to invest what you can afford to lose, hold on to it and look forward to the future.
775  Economy / Speculation / Re: Is there an only reason for the current market? on: June 20, 2018, 04:03:05 PM
I’ve been thinking about it and I don’t find an only reason for what’s happening.

The main reason for the drop in December, 2013, and the following bear market was the Mt. Gox scandal but for the current one there seem to be different reasons.

I’m sure one of them was the too heavy bull market last year. This brought many people to the crypto market, attracted by a get-rich-quick thought, and when the market turned down, they were the first to sell.

What do you think? Is there just one or many? Which ones?
Well, the MtGox in a way still had a part to play in this one so it seems like the ghost of MtGox is simply still haunting us. There is no doubt this was not warranted. The market was manipulated to the upper side last year ending, and it is obvious we had a huge FOMO and a market that just kept rushing upward nonstop without anything driving it but speculation, so this is more like a ripple effect in that case and it was expected all along.
776  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: June 20, 2018, 02:34:38 PM
If anyone think his or her wallet can not be hacked let him expose his private key,but be warned never to try that,even though i have not personally experienced it people around me have, technology which has its good and bad side has made it possible for wallets to be hacked.
Exposure of private key is more like willingly and stupidly giving out full access to your accounts, but I would not call that hacking anyway since the hacker never had to go through some vigorous process in getting that. However, for some who may have a PC that is insecure with some information such as private key stored on it, the possibility of the PC getting crawled into and seeing everything needed to see as well as the private key is there which is why it is always important to be very careful where certain information are stored.
777  Economy / Economics / Re: What i believe will come on: June 20, 2018, 01:26:42 PM
But how will homeless people collect money though? What about using small amounts of cash to buy say a hotdog from a vendor?
One of the reasons why I believe banks will never go into extinction. As long as there is still fiat and people who due to limitation of making use of the internet still exists, banks will always exist.

Yeah, a time may come when there would or may be huge reduction in customer's population due to migration to cryptocurrency as the case may be and that would usher in some competition for the banks, but is that not what we actually want in the first place? We should be begged to save in the bank, and not the other way round.
778  Economy / Economics / Re: Which cryptocurrency should I invest in, in 2018? Why? on: June 19, 2018, 06:49:41 PM
As the practice of the first 5 months shows it is necessary to pay attention to the projects and protocols. Projects in these areas show the best results.
A whole lot as no one will want to end up bag holding coins that will not eventually favor them in the long run or bag holding coins that will forever remain in their wallet with no development and no one ready to even buy them. When looking for great results, it is always good to look for way too much undervalued projects that have hit the solid bottom.

For instance, PAY has not done so much, but from fundamentals, it is an easy hold, as I believe there would be some move upward.
779  Economy / Trading Discussion / Re: Two important strategies in crypto trading on: June 19, 2018, 05:40:50 PM
I recommend doing both, because why not? It'll reduce the risk.
In hodling, choose the right coin, do some serious detailed research
- purpose of the coin
- background of the team
- liquidity
- target market

In day trading, master technical analysis
It does not even have to be daytrading as long term trading most of the time when you have enough to do so can also help you to increase your profit.

One thing is that it at least eliminates all the noises in between and you have to do is to hold on to the market you believe in during an uptrend and when it is about switching or when you feel it has reached the point of no going further, then you sell. It is as simple as that. Holding though is something you really do not care about what is going on in the market at any point in time.
780  Economy / Trading Discussion / Re: How to get rid of emotions when trading on: June 19, 2018, 05:05:07 PM
Emotions is being right there always, we cannot skip it or disregard but we are humans and more powerful on this. You don't need to turn your intentions into other matters because it will not going to solve your problem with emotions when you are in trading instead adjust it slowly as you can.
We may not be able to skip it at first, but it is something that you just have to displace at some point when it comes to trading. They will not help in anyway as your knowledge and skills are the only thing you should need at all when it comes to trading.
I once emotional and it is normal, but as time goes on when you have practiced what you have learned over the years and find strategies, you will notice that emotion disappears on its own as you start making decisions like a pro.
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