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April 11, 2021, 04:38:39 PM *
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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can anybody explain why XRP is pumping? on: Today at 03:53:18 PM
I don't know what's your problem with XRP op? does this coin has no rights to increase the price while almost every coins is Pumping now?

And besides if you don't remember that Ripple(XRP) used to be the rank 3rd currency before the case was filed meaning by chances if there is one who must Bump now that is XRP.
I think there is a logic behind not expecting XRP to go up, I had that for nearly 6 years or so now and I understand the current reasons as well. If you like XRP that is your own personal choice, nobody can say anything to you and you should do what you want, ignore what others say if you want to, you have that right. However others have the same right to hate and not support XRP as well, just like how you have the right to like it, it goes both ways.

I personally never liked XRP because of Ripple and how centralized the coin was, it is not a current reason, it has nothing to do with SEC and nothing to do with the investigation, truth be told I wouldn't expect a coin which is owned mostly be a company and mainly by two owners of that company to be investigated by SEC and still go up neither, but if it does good for it, I never liked it far before any of that happened. I have the right to hate it for being centralized around two people, just like how you have a right to like it as well.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If BNB will reach $500, what's next? on: Today at 10:00:21 AM
BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.

What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
Why do people keep thinking that there is really a method we could actually make a profit and then we have to stop? What is this questioning about why it should stop or should it stop. Did we say that "if bnb reaches 50, what's next?" no we didn't do that, did we do "if 100, what then?" no we didn't, not when it was 200, not when it is 300, and not when it reached 400, and now I am not going to do that 500.

My only goal is higher, doesn't matter what the price is, if it can go to any price at higher level that means it could go even higher. If it can go to 1000 dollars, why not 1100, what makes it 1000 but not 1100? There is nothing, which means if we can go to 500 that means we will go to 700 too, and that means we can go to 1000 too, and it means we can go to 2000 as well. There is no reason and there is no way it will stop and that is why I will keep holding.
3  Economy / Services / Re: [OPEN] Arcona.Space | Augmented Reality Ecosystem | Signature Campaign ~ Sr. + on: April 10, 2021, 01:30:51 AM
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4  Economy / Services / Re: [OPEN] | Signature Campaign | Full Members+ ~ Earn up to $80/Week! on: March 27, 2021, 03:57:04 AM
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5  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: March 20, 2021, 02:53:06 AM
Implementing the blockchain technology for the data storage can prevent the data loss in future incidents but it should not be given out of the company because the details may contain sensitive data which any gambler never wants to share with anyone. So if FJ managed to keep the nodes by themselves then it would be a great adoption for sure.
Considering in the blockchain world you do not give the data itself but more like give bits and pieces of the data, I do not think that any one computer would have the whole data and that is why it is unlikely that there would be a hack.

Certainly node would work as well and that node should be earning money instead of losing money for data for that company, but I do not know why would anyone buy that coin in that case, in the long run I still think that p2p systems for storage will become more common, losing every single data you have with just one fire doesn't make any sense in 2021, we should be doing a lot better than that and figure out a way to spread the data with safety to whole world in order to make it safe. I know there are companies that does this, but I just do not know how easy or difficult it is, hopefully it gets easier and more common in the future.
6  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: March 16, 2021, 02:52:23 PM
This period showed us that data could be stored on p2p systems and would be a lot more secure, since it is bits and pieces I do not think that it would be stolen neither but of course more detailed work needs to be done to see how viable it is. Look what happened with datacenter here, there are games that lost every single data they have, we are lucky that fortunejack wasn't gone but we couldn't even blame them if it was lost, Rust literally lost all the information regarding players, everyone has to start over again, or that was at least what I read about the situation.

If we could put blockchain technology into place, and if companies pay these storage places money that they would normally pay, that money could be used to pay people to keep information on their computers. Think about it like there is Storagecoin and companies buy that storage coin and pay people for storing their data. Similar stuff exists but companies still do not use it, there must be a way to make that more viable and used.
7  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: February 20, 2021, 05:41:11 AM
Hard to find a market for platinum and street value isn't really known in my country but gold and silver are some of the big ones in my country. I think that this is an opportunity to buy gold now that its bull run is over the prices is slumping back, the prices will definitely go up someday and I think that anyone who passes the opportunity to buy one now is a fool.
It is not hard to find considering there are two ways to go for it, one is you do not buy platinum like directly at the streets, you go to exchanges and find an exchange that allows you to own platinum on paper, of course you will not physically own it, you will just have it on some computer screen.

Most nations have that kind of asset exchanges here and there, banks do have that too, just look for places that does it, and when the price increases you can sell it on the same exchange as well.

Secondly you could actually go and buy some, which would be not a smart move if you ask me, there is no need to hold it, none of us actually hold bitcoin in our hands neither, so it is really a bad move but you CAN do it if you want to. However after all that said and done, I do prefer gold as well, gold is something you can use anywhere in the whole world and has a good value and very easy to cash out.
8  Economy / Speculation / Re: Who pays for these companies? What is the resistance point of Bitcoin? on: February 13, 2021, 07:17:39 PM
I believe these are huge companies who do not need the money that quickly, and that is the point of their situation, if they do not need the money right away, they can buy and hold and wait for it to increase as well. By logic everyone knows that bitcoin should go up in the long term, maybe it will crash to 10k tomorrow and for 5 years it will never go beyond 50k, but even in that doomsday scenario (which I think won't happen) that still says that after 5 years you are going to profit. Look at people who bought at 20k during 2017 peak, that is about 3 years before today and right now those people made 2.5x return from it.

How many people have made 2.5x return in 3 years? Many people even lost money during the same period, I think if you look at even the smartest investors in the world, people like Warren Buffett made like 10-20% returns a year, so making 2.5x is amazing.
9  Economy / Economics / Re: Mastercard Bitcoin Global Adoption? on: February 13, 2021, 06:24:25 PM
It seems Mastercard does not want to be late to integrating their system to blockchain. As their competitor did, Mastercard wants to be a bridge for their customer to buy crypto or use crypto as the other payment systems. Yes, it can attract many merchants and businesses to be curious about that and try to use it for their business.

MasterCard itself has many members who use for their payment systems, and if half of their members can use crypto or bitcoin or altcoins or stable coins, that will give fresh air to crypto and the mass adoption will happen and reach more people.
Half is a very optimistic approach, nobody really does anything to please the half of their customer base because if there is anything that is even remotely close to 10% they would already do it, nothing would wait as high as half of the customers because it will be already done by that point.

I believe even 1% of all mastercard deals to be done via crypto, and not really have a certain on-chain change but more about off-chain change, so mastercard who holds all the crypto, and just change the ownership of that crypto on paper but not on chain right away, could turn crypto into something that could be used all around the world, for very cheap and you will not be charged a lot of money until you decide to withdraw your crypto, and this would remove all the "bitcoin and ethereum has high transaction fee and very slow" problem as well which is a great news.
10  Economy / Economics / Re: Economist predicts demise of global central banks on: February 13, 2021, 05:33:13 PM

"You will own nothing and you will be happy."

This is what they are planning for your future.

But somebody out there will own something. Why not that person is me but them? Fuck that.

This is against the human nature. Nobody is going to be happy in a world like that. The good news is they are going to get what is coming for them.

We go full Slavery in 2030. Think well about your options to prevent this from happening.
I do not think that we will go "full slavery" because we are already sort of in that slavery situation as we are right now. Sure I understand that slavery is a very serious thing and we are way beyond that now compared to what people had back in the day, we are talking about killing your slave if you want to and have no problems at all from law, or you could buy and sell slaves if you want to, whip them beat them or even if you go back 2000 years ago (maybe sooner too) you could make them fight to each other to the death and have fun with it.

I know that we are not in that situation anymore, we are much much much better than that right now, but could you say that there is zero slavery right now in the world? How about all the people who needs to work in order to not starve to death? They are forced to work for a boss in order to stay alive, how about sweatshops that take advantage of these people and only give them food and that's it? And in return get 16 hours of work from them? Slavery is very much alive, just changed its shape.
11  Economy / Trading Discussion / Re: When you did first trade was you trained? Any jokes happen to you? on: February 13, 2021, 04:34:14 PM
I wasn't trained at all, but I was training at the time, so it wasn't really fully unaware of everything, but it wasn't fully trained yet neither, it was still in process. I had someone who thought me about indicators and what they mean, and told me to check for certain things, I did checked for those things and did my first trades that way, which allowed me to be not completely blind to what is going on in the market as well.

My first trades weren't that bad, it wasn't really huge profitable ones, and some of them became bags while some of them became good profits. However my first ever trade was very very funny, I didn't know anything at first and that person showed me couple things, and I reverse the things I learned, so when something should go down I thought it would go up and bought it and told him and he said I got it reverse, that thing dropped right away Cheesy. So, I knew what I was using but took it 180 degrees reverse instead.
12  Economy / Trading Discussion / Re: How much would you say one could realistically make a month trading? on: February 13, 2021, 03:09:28 PM
If doing it full time, starting from let's say $10,000 to play with, and btc being in between the same volatility now and how it was about a year ago when it was at around 6k..what could you net a month, realistically?
You can get like two to five percent daily and going by that you will be having not less than thirty percent by the end of the month. But, you will have to know how to and also make use of the right tool, like the stop loss tool, which can be very helpful if you are to use it the right way.

Itís not just about getting tools to make use of, you also need to understand how those tools works because if you donít understand how the tools works youíre not going to be able to use the right way and make profit. The stop loss tool has to be set the right way, you have to make sure that the loss youíre encountering is not more than the profit youíre going for ,because when the loss is too much more than the profit, you will be gaining nothing. Although I have seen people who claim they are really good that they donít have to make use of these tools. But thatís left for them, they should decide for themselves.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which projects do you guys hold, and why? on: February 12, 2021, 07:58:35 PM
I got into BDO today, I think it is a great project by the looks of it. I think it gives about 3% or so daily, or slightly under it with all the costs and all. That is not bad but of course you have to take sbdo price into consideration because you could make 2% daily but price could fall, so you have to be careful.

Plus, there is no compound yet, and that means if you keep making bdo profit and sell it to buy sbdo that means if the price of sbdo drops a lot, you are going to lose a lot of dollar value whereas you keep gaining money in sbdo, hence I think that is a risky situation and you should be careful. I like it because in the long term it looks very very profitable, only risk involved is the sbdo price going down a lot, and as long as that doesn't happen I am going to be quite good.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: what gives tokens printed from thin air any long term sustainable value? on: February 12, 2021, 06:04:07 PM
I have seen even stable coins worth 1.1+ dollars, they are pegged to 1 dollars and that is what they are worth but they were worth 1.1+ dollars, hell in some algorithm stable currencies we have seen even 20+ dollars which is crazy, paying 20+ times more than what they are worth, all because it was profitable for them to buy, not because they thought it would go up, but because they liked the stake reward it was giving.

So long story short, there is always a worth for something as long as people decide that it worths something. Biggest example is, you said Avax in your example, avax is now worth 50 dollars, which is the proof that we are in a situation where people saw that it was printed, and still willing to pay 50 bucks for each of them. That should tell you something, it is really a huge amount of money and people just find it valuable, it all depends on who will pay how much for it.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: USDT | TUSD | BUSD | USDC - What are the differences? on: February 12, 2021, 05:14:13 PM
Technically speaking they are all the same things, the only difference between them are the power of the companies behind them and that's it, nothing different. I do think that one of the weakest ones in that became the biggest one because of the first mover advantage but they are definitely one of the least trustworthy ones.

USDT is backed by the Tether company and the biggest one right now, I do not trust them at all, I don't know about TUSD and never heard of it before, BUSD is binance backed and binance is a huge billions of dollars in revenue company so I do trust them the most for sure, and USDC is circle I think? Not sure if it is the case that means it has a bit of wall street backing (via circle partnership) which gives a bit of credibility but they will do whatever suits them the most. So long story short, best one is definitely BUSD if you ask me.
16  Economy / Speculation / Re: When Bitcoin is going cross $50k? on: February 12, 2021, 03:15:33 PM

The $40k level has been crossed at lightning speed and we are facing a $50k resistance. However, the market seems to have slowed down.
Actually you must edit the thread because it is 48,800$ is the last mark of Bitcoin meaning we are only 1,200$ away from the breaking of that 50,000 in which you mentioned.
Let's not say "it always goes up" but end it with "it always go up in the long term", I have been around crypto long enough to know that there are great periods like the one we are having right now, and everyone feels invincible and they make decision based on these kinds of situations and they think they are going to keep making a profit forever, but the reality is that there isn't anything that is forever in the crypto world, you do not profit forever, you do not lose forever neither, it is probably 50%-50% in the end.

However the long term trajectory is always higher, you earn 10%, lose 4%, you earn 20% and lose 8% and it goes like that constantly, of course bigger numbers as well. This is why I think bitcoin will be 50k, and even 500k one day, that is my end goal, if it ever reaches 500k I would say that it peaked at the top and can't go any higher, but until it is 500k I think it will always go up.
17  Economy / Speculation / Re: Anybody remembers tesla was selling model S with BTC at 2014 on: February 11, 2021, 05:21:34 PM
I feel like tesla accepting it will have a much much bigger impact on bitcoin price then the people who accepted for selling their tesla for bitcoin. Obviously we all know that it wasn't tesla that accepted bitcoin, it was just dealerships that accepted it, if you wanted to you could take bitcoin or even if you want to take monopoly money too if you want, that is not really widely important, but tesla accepting bitcoin is a huge news and should be seen as a bigger deal than made in the media.

If Tesla starts accepting bitcoin as payment, and people are willing to pay for it, tesla will probably not sell it that quickly, they will probably keep it as cash reserves and use the fiat for expenses, that is going to change a lot in the crypto world, it would allow them to gather so much of the old coins and hold it which will in return increase the price.
18  Economy / Economics / Re: Miami Mayor Will Allow Employee salaries in Bitcoin on: February 11, 2021, 04:39:06 PM
If I am also one of the employees of a company or government that will make a change in the way I get paid, I will also choose to just receive my salary in Bitcoin payment since I already know about crypto / Bitcoin and I know its trend.  But maybe those who don't know yet will think twice, but of course, they will still be given a choice of what they will still prefer between fiat and crypto.  And at least those who do not know will have an idea, and since those with them are already accepting and using Bitcoin, they will also imitate until they are all the same as receiving Bitcoin.  And of course, neighboring areas will also know this and those who know will expand and expand.  But those who disagree with the imposition of the crypto tax may worry because I know this is one of the fears that the government will do.
Honestly even as a person who has been around for 8 years in the crypto industry, I wouldn't get 100% of my salary in crypto, that would be way too risky and I never suggest that for anyone. Remember we always say that you should only risk money you can afford to lose, and salary is not something people can afford to lose, what happens if bitcoin goes 50% down in a month? Your salary will become 50% less as well and many people can't live with that and would have economical problems.

I invest money I can afford to lose, if all of my investment suddenly becomes zero dollars I would still be fine about it, and nothing in my life would change, I would be upset that they are gone emotionally but financially nothing would change. So if anyone considers this option, I would say maybe get 10% in crypto and 90% in fiat so that you can spend the fiat to live and keep the 10% as an investment.
19  Economy / Economics / Re: Bitcoin & Tesla: What Everybody Missed in Elon Musk's Announcement on: February 11, 2021, 03:38:04 PM
I would love to imagine how the people who bought a Tesla with bitcoin are regretting their decisions, I mean if we are talking about a 3 digit bitcoin price back then and that means that a lot of bitcoin was used to buy those sweet Tesla, if I guess the transaction might have been a third-party dealer. Elon is a businessman after all, he wants to have some hedge for the chances that fiat will collapse following the mismanagement of a lot of government during the pandemic, hopefully no collapse will ever happen because that means that more people are going to suffer.
We also had people who bought two large pizzas for 10k bitcoins as well. That 10k bitcoin now worths half a billion dollars, that is no joke, someone who held that 10k instead of buying two pizzas would be in the forbes richest people list, not at the top but he would be somewhere in the top 2000 levels I think, that is really not something anyone can move away from.

Dude talked about having even more bitcoins and spending that too and having a bit more that he kept etc etc but having half a billion dollars versus eating two large pizzas is the real deal here, tesla at least is tesla, when you eat a pizza it is gone, next day you go to toilet and it is gone, tesla at least is a tangible thing, sure a bad investment nevertheless, no doubt about that, but you can show your tesla for decades. So I can't imagine what people like that thinking about right now.
20  Economy / Economics / Re: Economist predicts demise of global central banks on: February 10, 2021, 05:39:43 PM
I believe that central banks will probably stay alive forever, they are the places that keeps nations afloat however I do think that the importance of them will fall, they will not be this powerful forever, I think they are going to lose their worth after a while. This means somehow fiat needs to lose its value and importance and that is definitely something crypto could be helpful about.

If the whole world turns into using crypto which is something that is doable but very difficult considering how we need to still fix our own shit first (transaction being slow and very expensive type of stuff) we are talking about a potential for us. Which means if we could turn into a hybrid crypto/fiat world that would drop the power of central banks for sure. They will never go away, they will not even be the underdogs versus crypto, but crypto could at least take a bigger market pie then what it has right now.
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