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3341  Economy / Economics / Re: Report: More Than 50% of the Worlds Banks May Be Too Weak To Survive A Recession on: October 25, 2019, 02:10:43 PM
That is a scary stat, I mean I knew that there were a lot of banks that couldn't handle it when the time comes but I didn't know it was as high as 50%. If we get even 2 or 3 huge banks like JP Morgan level then we are going to have a world financial collapse once again. It is just not feasible enough.

Yeah, it is impossible to keep the world from going to a recession, finance is something that goes up and down but at the end of the day if the recession kills this many bank then we are looking at a unstoppable level of disaster that is unavoidable by any standard whatever we do about it. That is why having your money in bitcoin instead of bank could save you, at least if the world finance collapses you would have bitcoin that would gain value over fiat when that happens.
3342  Economy / Economics / Re: The 2nd generation of banking is going digital on: October 25, 2019, 01:25:02 PM
Banks are already going digital, one of the biggest reasons why they are capable of leveraging the money they have in their banks for example, they get 1 dollars and use the same dollar as collateral for hundreds of loans.

In short, we are in a system where digital is getting out of hand so much that, we may actually need blockchain to make things better in the digital part of things, regular banking was old school and mostly not good in many reasons but they were at least doing it right until 70's or so, after that it became so corrupted that banks realized they had all the money in the world in their safes and started to blackmail and corrupt their way into becoming even richer and turning peoples money into their own money with methods they could come up with.
3343  Economy / Economics / Re: Global economic and trade crisis on: October 25, 2019, 08:42:38 AM
We can certainly avoid economical crisis, there is really no way this can sustain forever and all we have to do is stop the method we are trying to run the economy of this world and change it for better, but nooooooooo politicians will never go for that. We just have to realize that we can't live in a world where everyone is not rich but there are products made all over the world for the rich while the poor are trying to live a basic standard of living.

We can't have a billionaire class, that is waaaaay too much, people think that if we take all of the billionaires money anything above 1 billion then we can only cover a certain things and not everything, yet if we do that we can literally change the world in a better way for the future, 150-200 billion dollars to health and education of the world would equal to countless better people for the future which is what we need, or at least what our children will need.
3344  Alternate cryptocurrencies / Altcoin Discussion / Re: Will You Support Or Have You Supported A Coin That Makes A Comeback on: October 24, 2019, 02:39:56 PM
We have thousands of coins in the market right now, and thousands of them are dead coins do you have a coin that you've supported than turn dead and making a comeback, and will you support a coin that you've invested and become a dead coin and making a comeback.
mine was Xtrabyte it becomes a deadcoin, but adopted by a new developer and it becomes profitable.
I have supported one that "tried" to make a comeback. It didn't worked out as you can understand from the "" parts because we have tried everything we can come up with but the volume and interest was so low that eventually it got all delisted and so we decided not to follow up on it anymore, I mean at one point the owner was literally burning the funds he received in order to keep it listed and have a fake volume but it wasn't enough so we just gave up.

Now it is listed on couple of horrible Chinese exchanges with almost zero volume but that really doesn't mean its on an "exchange" because nobody trades there so all you can do is go sell it for insanely cheaper than what it used to be and get out, I did exactly that. Just went there and sold all my coins to market price and made 20% of my money back and then gave up.
3345  Economy / Speculation / Re: What you expect about next move of bitcoin? on: October 24, 2019, 07:27:45 AM
Well, looking at how much it dropped these days I would say the next stop would be up. I don't mean really up, like $10k+ or something, I just mean $8.2 or something because that is literally what bitcoin has been doing for a long long time.

You guys ever realized that bitcoin sometimes goes up and sometimes it goes down but 99% of the time it is around the same prices? Like yeah sure sometimes it is $20k and sometimes it is $3k but usually it goes up and down between the same price most of the time. So, I think we are right in those times, the price is going down but the price will go up again to $8.5k maybe at most and then stay there for a while and then go back down so forth until the cycle is broken and something even bigger happens, until then we are stuck here as always.
3346  Economy / Speculation / Re: What is happening with Bitcoin? on: October 24, 2019, 06:36:35 AM
I know we are really bothered with these falls and we want to see it go up, I know I want to see it go up, it is hurting my economy right now whenever it falls and unless it goes back up to at least $8k+ in the next week I will be devastated financially.

However, that shouldn't affect our long term look at bitcoin, I can feel the pain of losing money and being in debt and what not for another month or two but in the end I know that eventually bitcoin will go up and I will make me money as well, I just have to save up as much as I can and if I can have enough bitcoins right at the correct moment then I can profit as much as I have lost as well. It is really sad to cash out bitcoin when it is low but it feels amazing to cash out when after it skyrockets.
3347  Economy / Gambling / Re: Check our NEW 🔥 Vegascasino.io 🔥 with hot deposit & reload bonuses 😎 on: October 23, 2019, 05:57:38 PM
Seriously, how is this legal? They have people with money in their website and they have a one week notice to withdraw and they will keep all what is left when that week is over. Isn't this some sort of stealing? If I was a person who had any money left in there and had the means to sue them I would and would help other people who had money left in them to sue them together so we can bring them down even further.

I can understand that someone who is not rich at all wanted to open a casino and become rich and they failed, these are not evil corporations most of the time, but if you are giving people one weeks notice then I am sorry but you are literally stealing money.

You could just postpone it for a whole year, stop operations but keep the withdraw open for another year, after that it would be understandable, if not just send people their money back to exact same address if you have to, at least that is "doing something" rather than literally keeping the money.
3348  Alternate cryptocurrencies / Altcoin Discussion / Re: (Yes or NO) The 2020s belong to DEXs on: October 23, 2019, 04:52:48 PM
DEX unfortunately doesn't make as much profit as the centralized ones which means they do not have the means to fight the centralized ones which is why they don't get super recognized and get bigger. Dex is by far the better option for many people and I would prefer to use it as well but looking at how horrible they are usually done I am afraid even I won't be using them for a little more while.

Maybe one day a much better version will come up and they will make money (since they are usually working on token system and could still profit) but until then there is really no DEX that could rival the goliaths that is centralized ones. Who could really fight against Binance for example, those guys are making millions every month, no DEX could profit that much.
3349  Alternate cryptocurrencies / Altcoin Discussion / Re: My Selection of coins, your thoughts? on: October 23, 2019, 04:01:05 PM
Well, I don't know half of those coins to be honest so I am not sure how worthy my advice would be to you.

However, the main suggestion I could give you would be to keep those small coins number to a minimum, the more you have options the better but never big amounts, so sure buy 100 small ones and get into ICO's etc etc but in the end do not put more than 10-50 bucks into them no matter how rich you are because most of them will fail and you are only making the creators rich, you could be a millionaire and still wouldn't suggest more than 50 bucks to anyone.

Increase the amount you are putting into bitcoin no matter how much you have right now, the more bitcoins the better because in the end all other coins go up and down but bitcoin will be the one that always stays at the top.
3350  Economy / Economics / Re: Credit organizations and privacy policy on: October 23, 2019, 02:45:09 PM
$50k is HUGE for me, I only saw that much amount of money in my dreams, hell these days my dreams are getting $1k so I can pay of my credit card debt and live at least a survivable life.

However, it is also expected that companies will make money however they can, it is not just about you, you are part of a list. They just find everyone that is worthy of advertisement and they just send it to everyone they can, which results with of course you being on the list of some credit organization. They are not sending "all" users of course, that would be futile attempt but they are still sending information (or at least mails if nothing else) of people who constantly trade first and foremost because even if you traded $50k once and then never traded that would be useless, they need people who constantly trade.
3351  Economy / Economics / Re: Fiat Money Losing Worth, Bitcoin and Gold Getting Important on: October 23, 2019, 01:56:47 PM
Fiat money didn't started losing value recently, it has always been part of an inflation, there are people selling houses for millions of dollars that they bought for 1000 dollars. Seriously only 50-60 years ago houses were 1000 dollars and that wasn't a small number back then, it was about 1 million dollars of today, and those people or their children after those people die is selling those houses for millions.

Inflation has been a reality way before bitcoin was created. Fiat will only get more and more worthless. Do you know what changed? There is a bigger wealth gap now, there are 3 people in all of USA richer than the bottom 50% combined, no matter how you can excuse this, it is not right, back in 1950 the richest 3 person would combine for less than 10% bottom people, as you can see the difference that is a thing we MUST bring back.
3352  Economy / Economics / Re: Private Coins from banks and governments on: October 22, 2019, 05:32:55 PM
There are pros and cons of course but the pros are overweighting on the cons. If they do a "private" coin like literally private to them then at least we could say that governments have their own currency and blockchain which would make it possible for people to track, maybe not directly but at least know what goes in and out. Think about the taxes, wouldn't you like to pay your taxes via anything with blockchain so you can see where your money ends up?

I mean we all know that the amount of taxes we pay do not get %100 used, most of it goes to waste and not being used for us like it is suppose to, governments make money from taxes so they can pay it back to public but they end up with super cars and houses and then that project taxes suppose to go is given to some company to be made since government somehow doesn't have any money left. That is why blockchain would be awesome in governmental movements.
3353  Economy / Trading Discussion / Re: Binance vs Coinbase Pro | Which one is better? on: October 22, 2019, 04:30:01 PM
Isn't this more about what you want? I mean the person who uses coinbase pro must be from America as far as I know for the ease of use, sure you can be from somewhere else but it won't be similarly easy. Plus moving even fiat is easy when you are dealing with bitcoin, just withdraw bitcoin to your local vendors account and get fiat instead. Still, if you want to do btc-usd or one of those main pairs I guess coinbase is not really that bad, could be used.

However, personally I would pick Binance all the time, it is better in every aspect imaginable and I would say they are better at even fiat trading thanks to having USDT pairs as well. Thats my opinion of course, I never used Coinbase so it could be biased but having Binance and not needing anything else also speaks for itself.
3354  Economy / Trading Discussion / Re: How much is an Bitcoin option trader's salary? Is an affiliate more profitable? on: October 22, 2019, 03:19:39 PM
Salary? Let me tell you something, if a bitcoin option trader is good at what he does he doesn't need a salary, he can make all the money for himself without needing to earn a salary. Is there people in the world who gets paid for this? Sure, there is but would you trust a trader that gets a salary or would you prefer a trader that is so successful that he basically makes his own money without a need for a salary?

If you are not entirely sure about trading and feel like you are not good enough to make profit yourself then I would suggest the affiliate way a lot more, at least there you will not risk money, sure you may spend some and not make it back right away but at least it is a good long term investment. With trading you HAVE TO BE good at what you do.
3355  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: October 22, 2019, 08:42:40 AM
Lol, do not kid yourselves with that map, Trump and republicans having that much red in all of nation is a dream republicans and their media is trying to sell to you and you guys eat it like the gullible naive you are. This is the official latest one out there ; https://www.270towin.com/presidential_map_new/maps/jm0dX.png
And yes that doesn't show that everywhere is democrat or it doesn't show it is all republican neither but that is the reality, the country is torn in half and that is how it should be, there are two parties that go into the race (unfortunately, imo there should be AT LEAST 5 candidates with a good chance or 5 parties lets say) so having a close to 50%-50% is expected and should be what happens, if one candidate gets 70%+ it doesn't matter which party that candidate is from that sounds bad.

Looking at ALL polls there is a huge chance Trump will lose, yet he has overcome polls before so that is not realistic anymore, Trump and whoever he faces against will be a good race, doesn't matter who he races against, there will be a close race, hell even the last time Clinton got most of the votes but lost on electoral, so even if Trump wins which I see as a little chance since he turned out to be a crazy person, it won't be like that map for sure, it would be more close to 50%-50% race in votes.
3356  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: October 22, 2019, 08:11:46 AM
Slots usually have a higher house edge than any other casino games and it's the same in a real physical casino.

When you went to a casino for the very first time? What game did you gamble with? Most likely it was slots. The house edge is high however most people don't know that. Actually in most casinos there is an information page and it lists the house edge for various games and for slots it's the highest, however nobody actually reads this.

I think the reason why they are so successful is because it's very easy to play. Most people never gamble and never played cards or rolled a dice. With slots you don't really need to do anything after inserting your money, just pull the handle and if money starts pouring out of the bottom, you've won. If it doesn't then you lost.
House edge is really important when gambling I know that but after a point I realized it doesn't really matter to me if it is 1% or 3% because in the end I will lose it no matter what the odds are, sure the better the odds the better chance of me getting a good big win and leave with money instead of losing but 99% of the time I just have fun and leave so there is really no point on dwelling over 1% or 3% to me.

I have been playing on a place with 5% and still had a lot of fun. So, in the end if slots are fun and entertaining (they so are by the way) then I don't care about a tiny uptick on the slots ones. However, if the stake team wants to drop that down, they could add a jackpot which would give everyone a chance to win a big jackpot once every 100 years that would make it all worthwhile and drop the rate of house edge on slots.
3357  Economy / Economics / Re: Central Bank: If The Entire System Collapses, Gold Will Be Needed To Start Over on: October 21, 2019, 04:57:42 PM
Well, bitcoin will be needed to start over as well.

I doubt "entire system collapse" will be a reality, economy is bigger than just numbers, it is also power and the world of rich and powerful people will not let the system collapse because that would mean they are gone as well, if wall street for example collapses then every single stock or company that was part of wall street will be bankrupted as well.

You know why USA printed 800 billion dollars out of thin air in 2008 when their whole deficit was couple trillion dollars? Because if wall street banks collapsed right there, then there would be THOUSANDS of companies going bankrupt in a single day with MILLIONS of jobless people out in the streets having nowhere to go or having any money to spend. USA would turn into Venezuela very quickly.
3358  Economy / Economics / Re: Bitcoin: "Maybe Is a Partial Store of Value" on: October 21, 2019, 02:13:06 PM
Store value is really not that important when you think of what other things could be done with bitcoin. We are talking about a currency here not gold, gold is not something you can just go to a shop and use, bitcoin is like that. So, we are talking about the ease of transaction of a banknote changing hands (and digitally at that so even a lot easier), the purchasing power saver like a gold, the ease of spending like debit card and it is all in one.

Yes, you can call it a store of value as well which bitcoin does have and I do agree it is a good part of it but saying it is JUST a store of value currency is just not looking at the awesomeness it has created so far in bitcoin world which I can't really handle, people have been underrating bitcoin for years and I am sick of it.
3359  Economy / Service Discussion / Re: Yobit launches DDOS attacks against sites exposing it on: October 21, 2019, 07:39:07 AM
Hey OP,
How you got that report which was sent to Cloudflare support team; I guess that support ticket is supposed not to be unrevealed to anyone else as it must be a private communication. Are you working for cloudflare? If so, leaking out your business confidential things may cost your job itself. I just wonder what is the reliability of this information.

Who is affected by by whom and what is the influence of those ddos attack with respect to this crypto community. I mean it is just a business stunt between a business and its victim (given that all the info in the OP is true) and a community is not having anything to do with that.

I suspect you are the owner of those 3 domains and when that is true you are just posting here to make your fight against yobit familiar to this community. If so, all those ddos attck related things could be just a imaginary things, created just to grab attention of this community. Because, yobit may not waste their resources against 3 unknown domains as they must be aware of what would be a final result (just because of ddos attract a business enemy will not vanish permanently). They are already working for a new business hence there could be very little possibility for this entire thing to be true.
3360  Economy / Services / Re: Become an author and start earn on: October 21, 2019, 04:51:58 AM
Content writer will get 100% banner ad earning from his own posts. we don't want any revenue from it. Collect the payment from your publishers and enjoy it.
Is this the only income stream for writing articles for your site? I am well aware that pay for writers cannot be same but it would be too good if you add approximate earning opportunities for every level of writers in OP; also that must be helpful for any people here to decide faster.

Your payment structure seems like revenue sharing kind of mechanism rather than fixed pay per article. You have added many payment related things in other posts but it is highly recommended to sum up all of them into the first post so that any new visitor may not miss out all important things even with a quick glance.
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