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3641  Economy / Speculation / Re: Bitcoin Is Likely to Hit $100,000 by End of 2021 Says Anthony Pompliano on: July 08, 2019, 05:26:57 PM
I would like to point out that there have been people laughing at Tom Lee for saying bitcoin will be 15k in 2019 and we have crossed 13.8k once, so it is quite possible to reach 15k now and we look so close and nobody doubts we will pass that before 2020. Back when the price was 3.4 to 4.2k and Tom Lee went up and said it will be 15k and he believes it, everyone was like "thats more than x3 increase, get real" and nobody believed him but he turned out to be pretty right (even though we are not at exactly 15k, we are close).

So, to think that bitcoin will never reach 100k is just pure moronic, of course it will reach 100k, we may not know if it will be by the end of 2021 but it will definitely be close to it, who can argue that bitcoin CAN'T reach 100k by that time, I mean you could say its inprobable but you can't say its impossible.
3642  Economy / Speculation / Re: Where will the price stop ? on: July 08, 2019, 04:50:58 PM
Depends on what happens before during and after the halving. If halving happens to be a big deal then there would be increases before it and during the halving and afterwards which will make bitcoin go really high and reach to above 20k+ easily which would make all of us profits, no matter where you bought from you would be in profit when we break the all time high, thats the correct math, only the sellers will lose money on profit.

However, if halving is not as big of a deal as we imagine and price doesn't react to it then we may see a fall because there are tons of people who bought with the anticipation of big movements during the halving period and they will sell all their coin if those big movements doesn't happen in which case they would have to just focus on getting their cash out asap.
3643  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC Vs Altcoins on: July 08, 2019, 03:34:23 PM
Do you think that currently altcoins are not showing bullish trends as BTC do?
But i think the strongest altcoin is LTC. Its price jumped from about $30 to about four times.
Which altcoin do you favor if any?
I think they will but first people need to be sick of making money from bitcoin and assume they won't make any bitcoin at all. I mean if people are still making profit from bitcoin going up and they do not have a reason to sell it then people will not come back to altcoins at all.

The moment when bitcoin reaches its peak and we are certain that there are a lot of new money coming into bitcoin then we will have a lot of increase in other coins as well, people will look at altcoins and get some of those in order to make x5 or x10 because they can't do that with bitcoin anymore, there will be new people coming it which will keep bitcoin high but the old ones already made enough from bitcoin so they will move on to altcoins instead. It has happened before and I am sure same will happen again.
3644  Alternate cryptocurrencies / Altcoin Discussion / Re: Be aware of shlling on: July 08, 2019, 01:10:18 PM
I do not mind really good advertisements, like some coins do actually spend thousands on marketing budget and they make great designs and logos and infographics etc etc and they actually show you how much they are into their own coins so their shilling is actually not shilling but becomes like marketing so I kind of like them, it really shows that they are willing to work hard for their coin and they are actually doing it, which means they will definitely be worth a look.

However, there ones like that open a topic with "will x coin be the next btc" and write a line and leave, I hate those people not because they did low effort job but they literally take your time, I know my time is not that precious since I am not like a very important person or a doctor on surgery but in the end I just spent like 20 seconds on something so useless that I get disappointed.
3645  Alternate cryptocurrencies / Altcoin Discussion / Re: wait for the crowds to turn up? on: July 07, 2019, 03:33:16 PM
That is one of the worst analogies I have ever seen in my over 5 years of crypto life.

Crypto currencies and strawberries have nothing common in "selling", nobody is selling bitcoin like its a product, they are exchanging bitcoin, those "buys" and "sells" you see on exchanges are usually "buy bitcoin for x dollar" or "sell bitcoin for x altcoin" and so forth which means they are exchanging, they still have it and exchange back.

The most crucial and simple example here is that when you sell strawberries and have dollars, you do not buy strawberries back from that person, people are not walking around selling strawberries to each other but millions do exchange bitcoin to each other every single second. Mixing an investment with a product and thinking selling both of them are same thing is moronic.
3646  Economy / Economics / Re: The problem bitcoin solves on: July 07, 2019, 02:53:58 PM
I think that feeling of "freedom" from all the banks is the most important one. Ever since I know myself I hated banks, I try to never work with them but it is very difficult to achieve. I once even got a bitcoin debit card but there was some problems so I never managed to use it, I still have the card but unfortunately I can't use it.

Anyway for people like me to have the freedom to do whatever they want with the money they have without banks getting in the way is the most important part, I know banks are doing legal stuff but they are doing it in a manner that they are basically showing off their power.

For example, let's say you are overdue 50 dollars, not a big amount but still that is a debt to bank and are they right about calling you and asking you to pay? Sure, that is their job and they have to do it, they have all the rights to do it, but when you call someone 6 times to pay 50 bucks to the banks and call his family for it then it becomes something very fishy and immoral even though they have all the right to do it.
3647  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: July 07, 2019, 12:13:22 PM
Calm down guys, you do not have to go into this philosophical discussion about what faucets bring to the table and how important they are etc etc. I am sure it is just a glitch and they are working on it and soon they will fix it. If they came out and said that they are no longer giving away faucets than I would have understand but symphonized even said maybe its a temporary thing and asked you to send a ticket.

I checked myself and I got ethereum faucet so it doesn't seem to be working the same for everyone but I couldn't get bitcoin neither so I assume some of it is more global. Lets wait and give them some time to breath and work on it and I am sure they will be capable of fixing it very soon. Who knows maybe we came in just as their faucet hot wallet got emptied and they will just refill and finish the job.
3648  Alternate cryptocurrencies / Altcoin Discussion / Re: I am very Pro Dogecoin – Says Ethereum Co-founder, Vitalik Buterin on: July 06, 2019, 04:36:37 PM
Vitalik is a troll himself, he very well knows that dogecoin is not a serious coin and should never be in anyone's portfolio to make any profits, it is definitely used for some other stuff if you want to, there are many places that accepts dogecoin as a payment too but when it comes to buying some for investment purposes and holding it in your portfolio for years will not make that much of a difference and even might hurt your chances. That is why I honestly think that Vitalik is not serious about this at all, he is very pro-dogecoin as much as I am in the sense that it is not a bad coin for usability but it is definitely not a coin I would buy thousands of dollars worth.

If I had to I would divide that money into top 5 cryptos instead of putting any into dogecoin.
3649  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it just me or is the market dominance of BTC dangerously high? on: July 06, 2019, 03:45:58 PM
It is not dangerously high, its not actually even a bad thing, I mean bitcoin could have the 90%+ of market all of its own, as long as the market is still stable there is no problem.

At best case that would make all other coins go up as well to match the dominance and make it at least 50% bitcoin and 50% others but at worst it will keep going up, not like bitcoin going down would be caused by market dominance since nobody cares about it when its going up so it would be for some other reason but in the end even if bitcoin goes down that would make the dominance go down as well. That is why market dominance of bitcoin does mean that bitcoin went up without all other coins going up but aside from that it means nothing and creates no sort of danger to us at all and we can just ignore it.
3650  Economy / Speculation / Re: What will the Bitcoin price be in 2020? on: July 05, 2019, 05:47:19 PM
100k seems a lot, I mean I am not saying its impossible, this is bitcoin we are talking about, if someone tells me bitcoin will be 1000 in 2020 I would believe them, if they say it will be 100k I would believe that too, that is the type of coin we are dealing with here guys, that is what bitcoin is, if you are believing that it can be both 1k or 100k than you should totally not believe anyone that says it will be x amount in 2020 because nobody really knows.

However, of course looking at the previous 3-4 months we can say that at the very least it may not be like the 2018 times, at those times it has dropped from 20k to 3k which is a big fall, right now even at 11k that won't happen (probably) because that would make it go even further down than 3k (since starting point is not 20k but 10k) so it is totally plausible but improbable.
3651  Economy / Speculation / Re: This Is Your Last Chance to Buy the Dip Before Bitcoin Pierces $20,000 on: July 05, 2019, 04:47:40 PM
The only thing that is optimistic about is the word "pierces" because that suggest it will be a lot higher and I believe that to be true. Not because of any charts, not because of any indicators, no I believe it because I think bitcoin has always pierced over the previous all time high like it was nothing.

Remember the time when bitcoins all time high 1400? Well when it was going above it the price didn't just went over it with barely trying, it went over it like it was nothing and kept going up. I believe same will happen now as well, it will go above 20 thousand dollars slowly but surely without a skyrocketing like its not a big deal and eventually when we reach a high enough level it will skyrocket to its limits once again. It has happened before and there is no reason why it should not happen again.
3652  Economy / Gambling / Re: New stunning crypto gambling project on: July 05, 2019, 04:15:15 PM
If it is free and nobody pays for a lottery ticket, how can you guarantee a win? I mean what are you going to do just do advertisements all over the website and make a profit from that and give the winner the advertisement profits? That is literally faucet websites with extra steps, only the winner gets the faucet amount and not others so its already done in a much better way where everyone gets money instead of just one person.

Nothing that starts with "free money" is actually going to get attention from anyone around here, you have to really know your audience and we have met with plenty of scammers and shady people that we have not really trust anyone that comes out of the gate with the word free and you shouldn't have done it neither. Maybe make people do chores like "click this for 2 tickets" "fill out this survey for 5 tickets" and all that, at least would have made more sense.
3653  Economy / Gambling / Re: Nitrodice.com | Bitcoins Dice Site + Dogecoins Giveaway on: July 05, 2019, 02:56:48 PM
I guess maybe the problem wasn't understood? Darkstar (who is an expert casino user by the way, he has been around crypto casinos for years) tries to tell you that just because you haven't had that many issues with withdrawals just yet doesn't mean you are not running a shady business, there is a limit of how much a person can win in many casinos, for example primedice allows you to win at most 30 bitcoins and nothing more, you can't win 31 bitcoins or more in primedice, the reason being is that they set aside a bankroll for the casino and only allow a small portion of it to be won with just one bet.

Darkstar is trying to tell you that what you set aside is not small portion of the max winnable amount, its just too much of it, and thats why you either have to have a smaller max win or have a bigger bankroll. Simple as that.
3654  Economy / Economics / Re: The economic function of Bitcoin on: July 05, 2019, 09:02:02 AM
You do not need bitcoin to be stable to actually buy or sell stuff, I mean the buyer and seller agrees on a price that is purely bitcoin worth or they peg it to dollar like most do and then both sides takes the risks and rewards.

Pizza example comes in handy in these situations, someone sold 2 boxes of pizza for 10 thousand bitcoins and both of those people agreed that it was in fact a good deal at the time, the person that got 2 boxes of pizza and paid 10k bitcoins for it must be feeling bad right now but at the time he thought he was doing something easy and he was right, he just sent 10k bitcoin with a single click and got 2 boxes of pizza which is amazing. So long story short you can't look at bitcoin at what price it will be, you have to look at it how much it is, if you see it only as an investment deal then you can never spend it ever.
3655  Economy / Economics / Re: Are Initial Offerings Overpriced? on: July 05, 2019, 08:14:11 AM
I guess I kind of understand why they are overpriced as well, after all the owner sees a concept and has a dream for the coin and they are building what they believe the next bitcoin maybe or at least something huge but sometimes people do not agree with them. You can trust a coin to be better than even bitcoin itself and should worth more in marketcap than bitcoin because you believe you are building something amazing but than if people do not care about it then there is not much the price can do.

So the price is first given by the owner who believes they are building something amazing but then the price is upto the people who actually use it and give it is worth so if they do not see the vision of the owner (which they mostly don't) then the price goes down of course.
3656  Alternate cryptocurrencies / Altcoin Discussion / Re: High Volatility in Cryptocurrency Market on: July 05, 2019, 06:24:16 AM
I still can't believe people think that the comeback was caused by facebook and libra. First of all facebook has been known to look into cryptocurrency world far longer than this increase, they have been looking into it for over a year right now, the earliest article I can find about facebook and crypto currency is based on 2018 march, so we know they liked the idea.

The closes we have is June 18th when they decided it will be libra and made it open to public. So, why would anyone think a bitcoin that got increased since April has been affected at all by facebook I would never know. I mean even if the price were to be affected by facebook, the times do not match, nothing happened in April about facebook and libra that would make bitcoin go up, there has been rumors for over a year and it became reality in June 18th, what does it have to do with bitcoin going up in April?
3657  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: July 04, 2019, 05:03:21 PM
Aside from the fact that primedice has been around for over 6 years now and never had any issues with getting a collective hacking. There was a time when they got 2 thousand bitcoin stolen from them (TWO THOUSAND) and they didn't put the burden on any users. So we know as a fact that primedice is trustworthy because we have been with them for years and they have never let anyone down.

So, yeah the personal and individual hacking could be a thing and you should be careful about your money and security of it but when it comes to an issue as a whole website I am pretty sure there are no places like primedice that you can trust (of course stake too). The "trust" to websites is not for personal security, that is all up to you whichever website you decide to you but when it comes to "trust" for collective you are on the right place.
3658  Economy / Economics / Re: What would you want to see on a Crypto Only exchange ? on: July 04, 2019, 04:14:24 PM
I think KYC is not something they really care about at all, they are not asking for it for themselves, they are asking for it for the government. And I am pretty sure they digitalize or do whatever those things and since a bad person wouldn't give their information I am 99% sure what happens is the information they got will be given to some authority and the authority probably has a system that checks bad guys ID and they just scan it probably either automatically or some intern do it and nothing comes up and continue their life, we had the same in hotels where you have to give your ID to check in (common thing) and your ID will be sent to police and they check it and nothing happens. I worked for over 4 years in hotels and somehow no bad person ever stayed in our hotels, maybe its actually true but I feel like they just gave wrong ID and moved on.
3659  Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance on: July 04, 2019, 12:49:48 PM
Why do we really hope bitcoin to save the country that is really at the bottom of the sea, why not use bitcoin as a prevention instead of construction from zero? I mean if you ask me bitcoin should not be something that should save an already destroyed country like Venezuela but it should be something to use so you do not become like Venezuela.

What do you think will happen to all countries in the world? You think the economy will not get worse and worse? Look at how our financial system is leveraged, it is totally unsustainable and we will keep getting those 2008 type of crisis over and over again until the system is actually stopped and changed to something else. A country that is purely bitcoin based would be safe from all of this and would never become like Venezuela at all.
3660  Economy / Trading Discussion / Re: Libra, Facebook’s Cardinal ‘Global Currency’ on: July 04, 2019, 07:58:18 AM
"Libra" word does exist in probably every single country, probably people who are too used to dollars and euros do not remember the old time prices but that "pound" in English is the same thing in many other countries as well, it is a unit of weighting something and same word applies in many countries.

The most known one at our current period is "lira" in turkey, it is literally used as a currency and means exact same thing as Libra and Pound for weighting something, Italy used Lira for many many years until they passed to Euro, same with France using Livre as their currency, Egypt used it as well.

So, Libra is not just English pound but literally Libra itself, it was actually the British that changed the meaning of Lira to Pound for making it English and not vice versa so Libra actually has a very big connection meaning with almost everyone around the world except maybe Asia.
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