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4921  Alternate cryptocurrencies / Altcoin Discussion / Re: do you think its good if whole world will have ICO regulations? on: October 06, 2017, 04:01:30 PM
do you think its good if whole world will have ICO regulations?
do we want that?
why?
and what can be a solution for that?
It is best if you look at the positive side instead. I have never really liked regulation cause that is how most government has always been controlling everything. However, at this stage and the way some projects are using the ICO medium to scam, do we really have any choice ?

If they are not properly monitored, it is obvious things will get out of hand eventually and even put a negative tag on the crypto community.

All these are just as a result of lazy investors who don't do adequate diligence before just opting into a project and ends up getting scammed in the long run, only if everyone can be smart and be wise to know if a project could be a scam or not, some projects will not even make it past the pre-ico stage.
4922  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO's future on: October 06, 2017, 03:30:19 PM
Ico already has a good place in the world of cryptocurrency. They just need to grow better and stay better to stay. Because ico is a smart way of investing and already a lot of successful people from ico. But I think ico need strict rules so that no ico scam is harmful
In as much as it has increased the level of scam, we cannot deny the fact that it has also raised some huge projects and as well helped so many investors. However, and as it is, it is most definitely going to be regulated. Good for those who are the early adopters, I believe a time will come that starting ICO will be a challenge for most projects and even the present ones will still always be monitored.

The truth is some of these coins in the market will end up in the drain, no doubt while the thriving ones will be struggling to stay relevant. Just like the OP said, it will end up being like application store, actually, it is already.
4923  Economy / Gambling discussion / Re: The hapiness of a green profit on: October 06, 2017, 03:00:26 PM
Unfortunately my accounts are red, all of my accounts are losing money, that is why I always said to gamble with the amount that you can afford to lose and never look for any profit in gambling, because you won't win when you gamble for a long term, the only green I feel was only when I created a new account and I play it for a day, after a week it will turn to red, but still like and enjoy the gambling process
Most times even when playing on green for so long, it is always better to have a set limit of loss for yourself. For example, just like trading, there is a stop loss button. So, apply it whenever gambling.

The truth as you have mentioned is that you can never always win and sometimes the system will just be set out for that day to use you as the escape goat and it is just good to set a stop bet to a reasonable certain amount you can afford to lose rather than ending up  losing all.
4924  Economy / Gambling discussion / Re: Slots Strategies? on: October 06, 2017, 02:14:31 PM
Yes, its very entertaining to play slots and its very addicting to begin with. But I don't know any strategy that will make you win. It's just based on pure luck. And if you push the button at the right time, the reel will produce the result in your favor. But its very risky as it is based on random and luck. So their is no strategy for that. Just pray to the gambling Gods that you gonna hit a jackpot once you push that button.
Honestly, I do not see anything entertaining about slot and I have never loved it for once. It is pure luck and there is no strategy you can use to at least minimize your risk of losing all the time.

For example, at least I can play a small amount on dice and use the martingale strategy to keep doubling up until a green shows up for me and I start from the scratch again. Roll slot 50 times and you may still loose. Grin ... How is that fun? In as much as I gamble to have fun, it does not mean I should find something that will at least still give me a chance of winning.
4925  Alternate cryptocurrencies / Mining (Altcoins) / Re: Which coin(s) do you like To mine? on: October 06, 2017, 08:45:32 AM
Mining has grown more and more popular, the competition has also increased. Which coin(s) do you guys mine now? Which miners do you prefer?
It has always been Bitcoin but now with the new D3 ASIC from bitmain, I am beginning to consider mining Dash seriously if I get my hand on the next batch.

Purely, we are all mining so we can see some profit quickly, apparently that is the reason we invest anyway, so, from my calculations, if the D3 can give me my ROI back in a monthly, all things being equal, I wonder why I would not want to like that best.
4926  Economy / Marketplace / Re: Beware of "Antminer reseller" on Facebook. on: October 05, 2017, 04:55:40 PM
Outrageous prices, more than double Alibaba's insane prices. D3  for $3200 is just an example. Bought 3 from an Alibaba seller for $1800. I wish Bitmain would track down these price gouging scumbags and prevent them from buying.
Don't get me wrong as I do not agree with such prices, however, I believe anyone can set any price they wish to set on anything they wish to sell and that does not make them scumbags. It is only proper for whoever wish to buy such item, to make proper research on them first before even buying from anyone in the first place. As long as they are not scamming anyone and someone deemed it fit to purchase from them without considering the price... Moreover, Bitmain does not stop anyone from selling at reseller's price the last time I checked.
4927  Economy / Exchanges / Re: Yobit Exchange and the Case of Inactive Wallet Address on: October 05, 2017, 03:27:33 PM
Wallet inactive or wallet on maintenance as always been an issue of concern to majority of investors trading at yobit for months without any update as regard their money.

However, as it stand, do you think the investors have any hope of getting back their money as dev are calling their coins on yobit fake or they should look elsewhere for their trading activities and believe God will replenish their loss?
Wallet being inactive or on maintenance is not just on yobit. I have experienced it so many times on bittrex before. However, on bittrex, this does not stop one from continuing with the normal trading activities since you can still exchange. The only thing you cannot do at that moment is not to be able to withdraw what you have with that particular wallet until maintenance is over.
4928  Alternate cryptocurrencies / Mining (Altcoins) / Re: What tools will I add to my laptop to mine bitcoin? on: October 05, 2017, 11:04:41 AM
With all this discussion I found that mining is not a profitable job. Too much you are investing on hardware like laptop or desktop and investing time and power for it and getting only12$ to 30$ per month. This is not  a profitable system.

Yes, agree with you. Just after analysing all the information before - it became clear for me that mining via GPU or CPU - and cooling systems as well will not guarantee that everything will work perfectly, and that it will give you a great profit. But buying some special equipment - it is also not so cheap, and first you have to offset the cost of all the the equipment and after that only some profit will be yours. And taking into account the fact that you will get 30$ the max per day.... Wow... This is somehow quite sad....
I feel you mate! Mining is more like having a far and planting some crops, then waiting for a while before you can even get your capital back. It is capital intensive and if you are going in for it for the future, you can still set up a simple ASIC and just do your little thing hoping for the best in value over time.

I believe with the presence of the D3, a whole lot of mining gadgets will start springing up which should make mining eventually easy, fun and cool to invest in.
4929  Economy / Economics / Re: WHAT HAPPENS WHEN YOU HAVE A NASTY DIVORCE AND A FAT BTC WALLET? on: October 05, 2017, 09:53:52 AM
If it is known that you have bitcoin and it is raised then would need to share it, if she doesn't know then why should you.

Honesty is a good thing right? I guess it depends on the nature of the divorce.
No matter the nature, divorce is a divorce and whatever could have amounted to it in the first place isn't something soothing or good. Apparently, we should not even talk about honesty in this case.

The thing is if she knows about it, why would I not declare it since I know it will be wrong not declaring the whole assets in the first place and if she does not, why will I want to disclose it? So she can take my days of sweat and risk to give to another man? No!
4930  Economy / Marketplace / Re: Projects you should start, we need! on: October 05, 2017, 08:20:55 AM
Completely agree with ccowl...

As for me.
I'm an investor on a p2p bitcoin lending site (btcpop.co), and we get a TON of scammers over there. Sometimes we find their usernames here as scammers (lucky), or vice versa.

I would love to create a database for scammers, and maybe this will be a project that I can end up undertaking... Either way, someone *definitely* should. It would be a great asset.

And badbitcoin is good, but they do websites. We need to find, and destroy the credibility of the people behind these websites, and scams. Be they people who took a 5 dollar (in bitcoin, obviously) loan and ran, or people on here selling fake services and such. We need to stand together.

Anything peer to peer requires a community that doesn't put up with garbage. Someone needs to take out the trash.  Angry
I have heard so much about lending services and I still have no idea how people go into this since it sounds to me as the most risky investment someone can ever do online.

Lending to someone you have no idea where they are from, who they are and no collateral at all. Correct me if I am wrong since I have never even bothered trying one out but it seems like crap to me cause no matter what some people are just there to get all you have and run away with it without a little bit of conscience and I see lending services as the greatest opportunity for them.
4931  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why Ethereum around 300 while Bitcoin had recovered to 4400 on: October 05, 2017, 06:38:48 AM
I have noticing that Ethereum is stagnant between 290 - 300 . While Bitcoin had sureged 500 upwards in last 10 days.

I do not see any momentum evenethough there are so many tokens are using ethereum tokens  ERC20 platform for their ICO and listing.


Cause bitcoin is: more popular, has more uses, more people use it, is longer on the market and is generally more common.
Ethereum is also very popular altcoin but the main difference comes in the total supply of both coins. Eth is in tremendous amount while bitcoin is available in a scarce amount. Also, it cannot be denied that it has biggest community in the crypto coins world. Due to these two factors, its price is just shooting up at an amazing speed while eth can make slow progress even with a huge demand.
4932  Economy / Economics / Re: How to Win at Bitcoin and other cryptos on: October 04, 2017, 06:58:04 PM
hmmm. Nice one! They are very great points and it can really work out, although some of them depends on the individual in question, but that does not mean a little tweak cannot be done as this can just serve as a guideline.

I like the number one most especially... Having the mindset that blockchain tech will change the world and will be the most sought after of all assets. If everyone can have this mindset, then it will be very hard to see weak hands that panics at the slightest cough of U.S or China.
4933  Economy / Economics / Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter on: October 04, 2017, 03:32:03 PM
Bitcoin has always had a very good support and the support is growing daily. Some of those who are part of this trend today and have realized what the whole FUD was all about will be looking for chances like this to buy more tomorrow when the price dips a little, knowing how good it is for them than panicking. Like you said, the recovery so far has been stunning and I am sure things will get better with time.
4934  Economy / Trading Discussion / Re: Which is best to use for charting against alt's - BTC or USD ? on: October 04, 2017, 02:08:58 PM
I see some good patterns with alts against BTC but are not so good against USD. Also vice versa.

What to use ?
It totally depends on how you want to trade and which currency you are trading with. Obviously, you won't be looking at BTC-ETH chart when you want to trade ETH-USD.
So, the choice is yours on the style of trading you want to stick with. If you can make easy and quality decisions on BTC-ALTS, why not and if you prefer the system of ALT-USD, then good too.
4935  Economy / Speculation / Re: Bitcoin can hit 5000$ before november?? on: October 04, 2017, 03:50:40 AM
China ban ico  and also try to ban bitcoin.As a result bitcoin dumping and price 3000$ below.Now bitcoin again hit 4000$+ now .Bitcoin can 5000$ before november? I want to hold my bitcoin  plz give me your predict?
Yes, bitcoin faced a huge dump back days but again bitcoin is above $4000 and it will now move fast here after. Perhaps bitcoin will again go down by $100-$200 and then it will reach $5000$ at the end of this month perhaps  giving a great head start for all big investors to invest their coins again into bitcoins. Bitcoin will surely cherish more and will give us more and more profit through it. Bitcoin will also take some coins with its increasing price. Many coins like DOGE will increase their rate due to the bitcoin price rise.
4936  Economy / Economics / Re: china will no longer able to control bitcoin market??? on: October 03, 2017, 05:58:37 PM
The assurances we had in the past about China not being able to control the market might as well be an oversight because I think the little downward thread we are experiencing at the moment could have been as a result of the ban announcement on cryptos in China. So we see anything is just possible to happen. Though not control but a little of influence. My thought.
It is funny this discussion ensued in March and by September, China tried to stamp the discussion. It must have really been an oversight, however, China is just another country and even though they have the highest mining rigs and it seems they once had the highest trade market, this does not mean they can keep manipulating the system for long.

The truth is that it is hard to predict any possible outcome in any situation, but it seems over time, people will get a grip of themselves and bother less about china's FUDs.
4937  Economy / Economics / Re: The fluctuation in pricing.. on: October 03, 2017, 03:27:09 PM
is creating a wall that makes it harder for BTCto be a universal economic currency. Stores may take 1BTC for a product and in the AM that 1BTC could be valued at .08BTC. Obviously theres a ton of positives to this happening I think more than negatives. I for one hope it does though because USD is getting old Smiley
The same way the value can drop is the same way the value can increase. As much as we know the volatility is high, it does not mean it cannot be used. Later on, it will always amount to something.

You sell stuff at a higher value, tomorrow, the value comes down and you sell stuff again, the increase in value eventually will still make you earn even more after a while. However, there are some platforms for merchants like bitpay that can easily convert the merchant's currency straight to fiat.
4938  Economy / Trading Discussion / Re: Bitcoin/Altcoins trading on: October 03, 2017, 08:26:32 AM
To those of you that just hold coins, does it bother you a lot if price goes down if you have no plans to sell soon?
Probably since I have been in the game for a while, I do not see this as a problem. It is a market, it is normal and it is prone to FUDs, but instead, I see it as a time to even make some profit than panicking.

Over time, you will get more confident in making such decisions knowing what the whole blockchain technology really is and why the community will thrive with effort to make it work. Moreover, not all coins can fit into this category I mentioned above and I don't even bother holding them unless I get them free though. Grin
4939  Economy / Trading Discussion / Re: 10 dollars into a million on: October 03, 2017, 07:55:00 AM
There is only one way to make 10 dollars into a million,  that is trading altcoin whuch really has high risk. If you do not have a knowledge you will be such as gambling.
How do you even want to trade with $10 considering the fees on exchange and all. It is very impossible and cannot work. You will just end up losing that little amount in a very short period.

Now, you also mentioned gambling, tell me even if you are playing martingale strategy on dice, how you want to keep up with very long streaks without getting burnt. Mate! This is reality, it is not possible. Better just find someone who will sell you bitcoin worth that amount and leave it in your wallet for probably 100 years when 1 satoshi is equal to maybe $100.
4940  Economy / Trading Discussion / Re: Day Trading on: October 03, 2017, 06:48:19 AM
I agree with the previous posters, crypto is just too volatile and unpredictable right now, even seasoned traders get burned. You're better off picking a couple solid coins and hold. 
If you know what you are doing, getting burnt in crypto trading is very little. In fact the volatility is even the main reason it can be fun. You are right with your last statement though with picking up a few solid coins most especially for those who do not have the trading spirit in them.

It is not for everyone, so sometimes, it is just the passion or drive that makes some people want to learn and have a huge experience. However, the profit can be extremely motivating.
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