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801  Economy / Gambling discussion / Re: gambling ends on: November 04, 2018, 07:39:07 AM
no, especially for countries that have already given official permission to gambling sites, the state is unlikely to close it because they get a large tax from the gambling site.

Yes, I agree with you. With allowing gambling in the country, the government can have a big revenue from gambling places especially if many popular gambling sites will attract more people to play the games. The governments will permit every new gambling places, but of course, they need to obey the rule, so the owner of the gambling place doesn't have any problem in the future.
Only government gets benefits on the gambling tax that honestly it is a big tax compared to a normal business tax.
However, there are many illegal gambling sites out there that don't have any permission to run their business but still, they could run because everything in online gambling can be run without a license and get the advantage without paying tax.
Not just the government that gets the benefit in a gambling legalized area, the casinos always get to have the huge benefit as well, and it is from the tax the casino pays for these huge benefits that the government will always end up capitalizing on.

Online gambling like you said, actually have in a way made a lot of things easy, but in a way, at least, you will have to be running a server, most especially when you have a big set up, so one way or the other, even as a reputable online gambling platform, you will need to adhere to the regulations of the place where you are set up. Just thinking though, as possibly there could be a way in which a lot of online gambling platform owners could discard this part?
802  Economy / Gambling discussion / Re: What cryptocurrency would you engage to gamble in? on: November 04, 2018, 05:23:51 AM
I wonder if there will be a casino where you can change your coins to other coins, kinda like inside exchange. I am not too sure how withdrawal would work with but if one casino had like 10+ coins under it and whatever you deposited you can exchange it to another coin to gamble on the casino and than if you win you can withdraw whatever you want can make a casino become a really wanted casino with high wagered amount pretty quickly.

Even if people use it for withdrawals and deposits like a wallet I think the casino can take advantage of that by just making the costs for it insanely cheap as low as it gets and just hope that whoever uses their website like a wallet can simply invest into the casino as bankroll or at least gamble and lose it. That would be a genius marketing move.
803  Economy / Speculation / Re: Guess when the next bull market will start! on: November 03, 2018, 10:40:51 AM
Well i respect your speculations as we must respect each of us,but for me until the bottom is not reached the bear will remain with us.so stop fooling around about the bear is gone,because in just a few weaks it coming back again and again for almost whole year now

for me i think the bottom is already reached because the value of all the cryptos especially bitcoins are now stabilizing for a long time , that is why i strongly believed that the bear will now be gone and it will slowly being replaced by the bull market  .  other factor that will help the bear trend to go away is that we are now on the fourth quarter of the year and many people said that fourth quarter is the comeback or recovery of all the cryptos due to the fact that many people will have a bigger budget as they already recieved thier bonus for the whole year of 2017 .
There is no need thinking, and even though we have managed to imprint higher lows for a while now, that still does not mean we are sure yet how the market will take its direction until we actually see the direction pretty clear. For now, we just have to wait and see how things will turn out.

Also, anticipating when there would be the next bull run is something no one can actually give bus basically, since the next halving which is 2020 is the target of most people when it comes to huge increase in price, i would rather just lean on that, but not like fixate my mind on it completely as trend to me is always the best friend anyone can have in the market, not speculation.
804  Economy / Speculation / Re: Is bitcoin worthy to buy ? right now? on: November 03, 2018, 09:37:46 AM
buying when it low or at peak price will always worth it but only long-term investors will be favourable for that not the market opportunists and any market opportunists or long term investors that buy are still on the good but I particularly like buying through the weekend.
Right now the price of bitcoin is low and for those who basically understand perfectly well that, when a price is low and pretty far away from the previous ATH is when you really want to be accumulating bit by bit. I am sure we would not need a soothsayer to tell anyone that downtrends and fluctuations like this are normal stuffs that are usually bound to happen in a market, but those who take advantage of it, are usually the ones that get the best in the long run.

For instance, considering what happened in 2013 - 2015, and how some would have chickened out, may be people should start comparing the price back then, to what some are considering low now and see how things have turned out for the smart ones. I do not even need to go far back as 2010 or lower.
805  Economy / Speculation / Re: Is "speculation leaving the market"? What does low BTC volatility really mean? on: November 03, 2018, 08:27:22 AM
The market volume data gathered from exchanges is misleading as we cannot ever know what's going on behind the curtain (that's OTC trading). I wonder how volatility % would be if we knew all the trading going out outside of our reach.

I don't doubt for a second OTC volume has only been going up in the past few years. I know there were some recent news of a 144k buy which then was supposedly debunked, however this doesn't mean huge buy orders aren't happening OTC, and all of that data we cannot track so the analysis is always incomplete.

Eventually OTC will dry and whales will be forced to enter exchanges, but until then we just can guess.
As far as I am concerned, what is going on in the market or on exchanges is just what I see as a strategy to keep holding the price to some level so as to achieve the accumulation phase, which we all know that the amount most institutions will be purchasing to get in is not something they will basically be doing on any exchange as that could have a huge effect on it.

Basically, most exchanges put together will not even be able to hold up the volume, so in a way, I believe like you said, they will basically be accumulating the OTC way and keep acquiring as much as they can, while suppressing the price for as long as they can. The funds are there to do all this effectively and it has been their game, so they basically know how to do it well.
806  Economy / Speculation / Re: Will Bitcoin hit a trillion dollar marketcap in the future? on: November 03, 2018, 07:09:36 AM
Why not nothing is impossible to a trillion market cap because crypto market will be increase more in the future and I think that time there's a many cryptocians will be invest and do great profits.
For a market that is growing every day, at this stage, I really would not doubt anything actually. We all know quite alright that no one would have thought that bitcoin is actually going to be in this current market cap pretty soon and we all saw how it moved pretty huge last year, so there is actually nothing that is impossible as far as this market is concerned. For what it is worth, the market is growing and we will get to see more adoption in the long run, coupled with some good level of usage and when we put all these together, it all amounts to one thing, which is growth in value, and as the value increase, and the circulating supply increases, so will the market cap increase as well.
807  Economy / Speculation / Re: Will bitcoin stay relatively stable and become a stablecoin? on: November 03, 2018, 06:39:09 AM
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
Not a chance at all. Bitcoin has always kept its volatile expect, it just not constant and all the time. Even during the 2017 year when price was at lowest 700 dollars it was 20 thousand dollars at most the price was semi-stable except the bull times. There are times the price just gets really high or low but all the rest of the time price is always stable and stands its price for a long time.

I do not believe this stagnant market will continue forever, it will definitely change, maybe when the price hits something really high and the marketcap just hits to a new high that can't pass than it will stay there for a while however until than the price will keep on fluctuating. Maybe it won't happen 7/24 but it will always be around the corner, none of us will be shocked if the price doubles in a month, that is the curse and beauty of bitcoin.
808  Economy / Trading Discussion / Re: Journey from gambling to trading on: November 03, 2018, 05:56:53 AM
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     
Most times, people who always approach trading as gambling always get to learn the hard way in the end, just that as some people get frustrated and chicken out looking for other ventures where they can make money easily, some will realize their mistakes and know that this is a world where you need to learn first before you can be able to get anything tangible out of nothing.

Trading is a ball game that requires a lot of understand of the market, what you are doing and require you to at least learn some strategy and until you are able to do that, you will basically just find out that you have so much mistakes to make in the long run and so much to lose as well unless you take the bold step to learn and practice first.
809  Economy / Trading Discussion / Re: Exchange listing strategy on: November 01, 2018, 07:46:57 AM
I believe no one can push the team to get listed on a big exchange, that's their major decisions not investor. Big exchanges mean, investor can trade with big volume and reach higher profit but they forget, not only them can play. Big or small it doesn't matter, as long have demand new coins will exist.
Yes, we always know it is the team decision to make most of the time, but for a team that is really ready to work and get their product exposed to a lot of people for demand to increase, I am sure they will sure be ready to make it available on bigger exchanges, otherwise, what would be the essence of raising so much money during ICO if the sole aim was not to get the product pretty well developed. One thing is that when you are listing your coin or token to shitty exchanges, it just mess things up over time, as you get lower trading volume and you really will not get pretty exposed.

yes, I personally agree with you. listed on a large exchange when the first listing is bad. because it will have no effect when listing on other exchanges. prices will grow when the project is truly alive. but when a team makes a start for listing on a small market, it will make a big leap when planning a listing on a large market. the best strategy is like that. and will be the highlight when the project grows and updates.
Well, in a way, it all depends, but sometimes, I feel it is always good to let your product get pretty much exposed at a smaller scale and let it develop pretty well before even considering the larger scale. It is not a bad idea to get your product available to more investors anyway in the long run. I have noticed these days that sometimes, listing on bigger exchanges in the short term, always result to huge dump, in which at the end of the day, I see it as bigger investors using that as an opportunity to drive out weak hands, but all the same, it has pretty much to do with the team at the end.
810  Economy / Trading Discussion / Re: Fundamental issues that will create bull run again! on: November 01, 2018, 07:14:13 AM
I don't know how you see this good news but I have been analyzing it since yesterday and I think we should pay attention to it.  Institutional investors are going to come into cryptocurrencies market with full force in some days and weeks to come.  To hold your bitcoin and others altcoins at this current uncertainty time is the right thing to do and if you have risked capital I will said it is wise to buy more. The news and its analysis is here http://cryptocoinjunky.com/why-the-worlds-largest-brokerage-made-the-decision-to-fully-integrate-crypto-after-1-year/. The pattern has been set and bitcoin may not go down beyond the current level.  Please note this is a personal views and not advice for you to make investments decision.
There is no way people want to get into bitcoin world with ETF's and so forth and still keep the price at these levels.

If the big wall street companies and Korean markets and all that wants to get in than the price will get higher no matter what and for people like us that deals with the small amounts it will create an amazing market and opportunity as well. Do not think just the price also consider the jobs created in crypto market.

Right now, go out and see which companies are looking for "remote" works, there are plenty of them, considering we are still small in crypto company levels there will be a time when companies are looking for "crypto experts" which in reality basically people who has been around for couple years and just use them as workers in some sort of community manager type works. There will be plenty of works to go around which creates a crypto world for all of us.
811  Alternate cryptocurrencies / Altcoin Discussion / Re: Thailand’s SEC Warns Investors Against Unregistered ICO Investment Risk on: October 31, 2018, 07:05:06 PM
Do people really need a warning at that height in order to not invest into risky ICO scams ? I mean I understand when we write here and say that "be careful about investing into that ICO they look like a scam" we are just helping each other out but this is a government based SEC of a nation warning people not to invest into unregistered ICO investments.

What is next the ministry of health will tell you to wipe after toilet ? Will they warn you not to cut yourself while using a knife ? I mean if people are idiots enough to fall for coins that are obviously scam and not registered (I mean come on that is the bare minimum, even scam ICO's register nowadays) than let them lose their money, they deserve to. A fool and his money soon parted is a quote that has been around for years.
812  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it better to exchange your altcoins for dollars or btc? on: October 31, 2018, 06:25:59 PM
I believe that those of us involved in the field of cryptocurrencies should feel compelled to act in accordance with our ideals and therefore, we should prioritize the accumulation of bitcoins before the accumulation of dollars.

We must always keep in mind that one of the reasons that led to the emergence of cryptocurrencies is the search for alternatives to fiat money, therefore there would be no reason for us to exchange our valuable cryptos for centralized money.
Do you think bitcoin will go down ? Then putting your money into dollars is the better idea. Do you think bitcoin will go up ? Then putting your money into bitcoin is a better idea.

It is up to you to decide if putting your money into dollar or bitcoin is a better idea depending on what you believe bitcoin will do.

I put my money into bitcoin because I believe after all these months of stagnant prices there will be a time when bitcoin goes up really high and make me money. Recently it dropped a bit more meaning I think bitcoin is ready to skyrocket soon. If that happens than I will be in good hands and have more money, if I am wrong and the price drops even further than I will be screwed and my money will shrink even further than it already did. It is a bet on the price of bitcoin, you bet whichever side you think will win.
813  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Effects of Market Conditions on: October 31, 2018, 02:46:29 PM
Don't worry regarding market condition and Bitcoin is not like a spinning wheel because it's so stable in unstable market if you observing or following current market BTC dominance percentage.
Well this is how things are and had been. We had falls all along the journey so far. One of the biggest fall back in 2013 was very hard for the investors because back then the demand for the coin was not that much high so it kind of hurt the market immensely. Eventually things recover as a result of the dynamic nature of the market which is very important for the market correction. So yes this down market has an adverse impact on the invested money but it will be reversed once we have green streaks.
The funny thing most of the time is that it usually hurts when the market is in a downtrend and a lot of people even panic and bail out during this period with an assumption that there is actually nothing anymore for the market, but do you know what hurts the more ?

Coming back few years’ time and see that even by picking the lows right now, you have still ended up missing a huge chance panicking for no reason and not believing in the long term potential of what you hold. That is what I see people who are so much concentrating on the market condition at the moment and rather than taking advantage of it for the long term, they are just busy panicking for no reason.
814  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think abot ico new projects? on: October 31, 2018, 01:43:37 PM
The creators of the ICO must be interested in providing investors with the most favorable conditions for cooperation. And if it happens then I will definitely invest a large sum. You also need a set of documents that confirm that the project is functioning normall
Those who want to invest in ICOs themselves must be interested in selecting a good ICO and shoving out the bad ones into wherever they belong. Most of the ICO projects that keep popping up do not even have any product at all, and all the teams are just after is to enrich them-selves as the case may be, which is one thing I really do not expect that anyone at all should be investing in any ICO without at least doing some due diligence. The space has been raided with a lot of scam ICOs and the unfortunate part to it all is that a lot of investors have a part to play with it as a result of their own gullible nature.

I agree, every day appears a lot of ICOs and a large part of them are scams because people understood that ICO can bring a lot of money to its team, while they are not going to do something after tokensale. So investors and bounty hunters should be very carefully in choosing a project
Maybe if people start seeing the need to at least try as much as possible to frustrate those who are trying to scam by at least doing due diligence, by now, I believe scammers would have diminished to a very huge extent in this space by now but the thing is that most people who want to invest in this space themselves are just too lazy to always know the right thing to do most of the time, based on the fact that they do not have the knowledge to at least be able to identify a scam, know the steps to take and as well, know how to go about things generally.
815  Economy / Speculation / Re: What's your plan for the next bull-bear cycle? on: October 31, 2018, 01:04:58 PM
Well my plan is to do what I do everyday in crypto holding,buying and selling it depends in the situation but I much love to make a good profit. Hopefully in a next bear-bull cycle we see a less volatile in the market and much more people will be wise for their holdings.
i love volatility thats how i get easy money dong margin trading putong long or short positions, but the downside of it is that its not healthy for the market though, and we are seeing it now this past few weeks the price of bitcoin going sideways  until the etf will be decided then. there a lot of incertainty right now.
Ups and downs are there every single day whenever you talk about bitcoin. There are people who think bitcoin old jump very soon so if that is really going to happen or if it has more solid chances, then get your plan ready peeps. We shouldn’t leave this stone turned out uselessly. Keep things ready for this bull run. Enough of being ruined and waiting in bear run.
I am sure most people who already know what the future holds, are already fueling up at the moment, so in that case, I am sure some smart people are doing the right thing. It is how you see the future of something that will matter in the way you get to approach it, which in most cases, this has to do with your mindset and your belief that the future is bright for what you are holding. Bull run may not even come this year, but one thing I am pretty sure of is that at some point later on, it will definitely come around, which is why as some are panicking, some are seeing this moment as an opportunity for the long term.
816  Economy / Speculation / Re: Bitcoin prices are currently fluctuating very low! This is a strange thing. on: October 31, 2018, 09:57:12 AM
Bitcoin prices are higher than ever and it is growing with each year and becoming more stable. As you're new you think of this as low because you do know have prior knowledge to the market and how it has come to this point. With each year most of the people who've been a part of the crypto market are already aware that this is rather normal and what would improve the situation of the market even further is the inevitable bull in the market. With time we all expect to see great results.
Well, that is basically the thing a lot of people are not getting, and probably I guess a lot of people should just go to the chart, and set the time frame to a month and actually see that we have always been in an uptrend for a very long time, one thing most people in this space cannot get to wrap their heads around.

The fluctuation we are seeing now is something that is normal when waiting for a breakout, which usually brings about some low volume in the space; I guess people should wait for the break out and see what happens afterwards. I do not even know why people will be seeing low fluctuation as something abnormal in the first place, when this is a market.
817  Economy / Trading Discussion / Re: Will bitcoin reach $100,000 in two years? Bitcoin statistics and predictions on: October 31, 2018, 09:25:04 AM
I believe this is your dream but that's fine. Dream can create hope and hope will make people try with their best skill to reach the target. Don't forget about stop loss because this is the limit you should not break. Market not same with mathematics but fundamental also take part, just try your strategy and good luck.
Apart from it being a dream, since no one can see the future anyway, there is still a good chance we get to see that become a reality based on certain development over time. I would not say $100k by 2020 cannot happen if we actually want to use the market movement so far to judge which one thing is over time I believe will keep increasing until we reach the level of mainstream level of adoption eventually.

Looking at the increase over the years, I would not doubt any possibility at the moment and for the fact that we will get to have another halving in 2020, we sure know what that has always caused in the market for the past ones.
818  Economy / Trading Discussion / Re: Too many exchanges? on: October 30, 2018, 02:16:51 PM
In the long run, I believe it is this competition that will lead to lesser fees and we will keep seeing a lot of exchanges coming up with different ideas and features that will even make things a lot interesting for traders and investors to utilize their platform.

More like trying as much as possible to attract your competitor's users. Normally for an industry to grow competition is a very good driving factor and I believe as we keep seeing more exchanges in the long run, and not just exchanges but reputable one, with great fees and features, it will only keep making more sense for we the users.

Competitions in a lot of businesses brings about innovation as a lot of them will keep trying to stay on top of their games, and in such cases, the consumers are always the ones that will enjoy it as much as the exchanges are enjoying it as well. A time will come when it will come like a rain and most exchanges will be looking out for incentives for their users just as we are already seeing in some exchanges even now and most especially the new ones, and for what it is worth, I believe that is something good for the community at large, for investors, for the exchange space and for the crypto space as well. In some perspective, too many exchanges will ensure the decentralization slowly, I believe that would be the right situation for entire crypto space. Yes, too many centralized exchanges will lead to freedom like decentralized environment just due to heavy competitions.
819  Economy / Economics / Re: Is the US Dollar Too Volatile? on: October 30, 2018, 10:14:12 AM
The short-term is unlikely, the dollar is still strong now, this is caused by Trump, but this is not completely good, when the dollar releases side effects, the world will fall into a financial crisis.

But still, it is strange to talk about dollar volatility now. It is the best world currency (I mean fiat, sure). All the people wish to have USD as this money is strong. Volatility is the feature of the crypto.
Best currency in terms of they have been the power house and USD is the most used currency in the world ?
I would not tag it as the best just because of that, considering that USD has been losing its value and purchasing power over the years but really as a layman, it may be hard to understand that, but where you are not getting the gist is that, more money being printed, leading to inflation and so many other bullshits is one of the reasons that some common man get to suffer it at the end, but since it is a common man, he probably will not understand that the fiat space sucks.

Happy now to have an alternative, this is the main thing over the years, which have always been giving me great hope of the idea of freedom from the fiat world.
820  Economy / Economics / Re: Stocks Just Suffered Their Worst Loss in Months on: October 30, 2018, 09:12:25 AM
Actually that is true. Crypto currency may surfered a drop this year but if you step back 5 years, you'll see that we are actually doing great. I guess it is just perspective. Now with the stock market, i think it is more like political moves learders makes and the people actually suffer from it. When will these big headed people learn to just be humble and think of their people not their pride.
Right from the onset and not just five years, this market has been doing very great, except that some people do not get to put their focus on the long term and all they care about is just the short term. The market has been in an uptrend long term and it is still in an uptrend, it is only left for us as individuals to realize that the only way to be able to stay invested in this space for the long term and reap the long term benefits is just by being patient.

Stock is presently suffering its worst moment as well since the market hit some level of huge buying and all I see now is institutions and retail traders cashing out which always lead to a correction. People should get used to that and know that this is something that can always happen to every market.
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