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1701  Alternate cryptocurrencies / Altcoin Discussion / Re: We need more decentralized stablecoins on: November 11, 2020, 03:49:38 PM
We will definitely need to have more decentralized stable coins in the future because when global adoption happens and making it as a replacement to fiat then the demand will be sky-high.

Around the globe, every individual will soon be needing these coins, and bitcoin and other existing decentralized stable coin may not suffice the need of everyone, for we all know that bitcoin has a limitation on the number of coins that can be mined. Centralized stablecoin has no difference with fiat that is subject or being controlled by a financial institution which is far different from the main idea of decentralized currency.
1702  Economy / Speculation / Re: Biden's winning effect on the crypto market. on: November 11, 2020, 03:34:13 PM
The increase and sudden decrease in the bitcoin's price have something to do with the election. During the campaign period when Americans are in doubt they need to find ways to secure their assets for the meantime and people know that bitcoin is a safe haven that is why the demand back then is really high but after the announcement investors started to make turns and pulled out investments again.

Paypal and Binance may have also impacted these changes on the bitcoin's price since Paypal already adopted bitcoin in their service more people are now getting aware of it and that is why the increase in demand has started while with Binance announcing that they will be blocking US residence in their service so most it has an effect on the dump in bitcoin's price.
1703  Other / Beginners & Help / Re: Learning from what MicroStrategy CEO Explains about Bitcoin on: November 11, 2020, 03:18:12 PM
It is true that gold may somehow have a lesser value in the future because of its abundance while bitcoin has limited numbers to be mined.

Due to pandemic where people starting to be digital and prefers online transaction and technology can suffice this demand through bitcoins framework then global adoption will come in the least expected date, with this the law of supply and demand will have a huge impact on the bitcoin's value.

However, reality bites because it remains uncertain when and how it will become a reality.
1704  Economy / Gambling discussion / Re: How long until we can bet with bitcoin in real life casinos? on: November 11, 2020, 03:04:59 PM
Using bitcoin to bet in physical casinos may come first prior to global adoption, and because of this pandemic, it may be sooner than what we are expecting due to the positive approach of people to bitcoin and other cryptocurrencies.

AFAIK there is still no casino that accepts bitcoins as a form of bet as of this moment but rests assured in the future it can be used as a wager since physical casinos have the system or technology that can be used for conversion and it may speed up the process for a player in placing their bets. Asking for the exact date when it will be, no one can provide it since we are still in the process of adoption.
1705  Economy / Gambling discussion / Re: TOP 10 LUCKIEST LOTTERY WINNERS on: November 11, 2020, 02:52:46 PM
Of all, I think Kenneth Stokes is unbelievably lucky since the ticket that was given to him was lost and he was able to buy another one with the same combination and no one was able to find the first ticket he had lost and that made him won the full amount.

Though all of them are a lucky and good thing that they were able to manage their winnings that if I am fortunate enough like these folks to win million dollars then I will definitely follow their path compare to the list of winners that OP posted first on the other trend, winners who became losers in the end.
1706  Bitcoin / Bitcoin Discussion / Re: Twitter didn’t completely disable posting bitcoin addresses on: November 09, 2020, 10:25:49 PM
Well, I don't know this news from Twitter, just now I have read the OP post and the article that they prohibit the user to post a tweet that Bitcoin address. I guess this good to avoid the possible scam on Twitter just like what happened a few months ago when a massive of high profile accounts were scammed and stole bitcoin just because of the greedy thing.

Those accounts that have been a victim by the scammers, I guess users now they already know right at this moment that there is a possible scam on the.
1707  Bitcoin / Bitcoin Discussion / Re: lets imagine world without fiat currency on: November 09, 2020, 10:11:17 PM
Transactions without fiat may occur in the future considering that now everything is digital, it is likely that in the future transactions will use digital currency.
Many are wishing and hoping that someday we can use cashless transactions around the globe but I don't think it  would be possible most especially because there are people who can't afford to buy gadgets most especially those who came from an average type of state.
I don't which generation that will happen that all people were using cashless payment. But remember that not only crypto capable of cashless payment, there is also electronic cash which is you can use your debit/credit card. I guess it will take time before that will happen.

Traditional money was there how many years ago and most commonly people used it. I don't know eliminating fiat will happen soon since all people don't have personal guests. So, a whole world without fiat is useless.
1708  Economy / Trading Discussion / Re: Software That Copy Trades on: November 09, 2020, 09:59:17 PM
Etoro have high fee and require KYC. Not better option for someone who want to trade CFD & Forex with crypto.  Embarrassed
I won't even recommend this because I read somewhere else that they had different issues in solving the withdrawals.

If you don't have yet enough skills in trading, please don't be in a hurry. Do research all information related to trading strategies before you will start. I don't know how profitable copy trading is but it seems that is still risky at all. Why not choose manual trading instead of seeking copy trading.

As far as I know, the latest exchange announced that they had using bot API for trading.
1709  Economy / Gambling / Re: 🏆 Betnomi.com - Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: November 09, 2020, 09:45:25 PM
everyone makes that too difficult and too complex. it is much easier to just wait what customers say about their experience on this site. let people deposit and cash out some money and we'll see if they ask for additional documents or not.
I guess they don't have even fund to deposit on the betnomi site and now they are worried and keep asking about the KYC. Because they aren't reading the OP post. KYC implementation is for the jackpot prize and any big cash-out related will I guess about withdrawal.

But as what I have heard last to them, they will fix this issue since we are here in the crypto world, and being anonymous is very good.
1710  Economy / Gambling discussion / Re: PRIZE OF FIGHTING Boxing’s biggest contracts revealed on: November 09, 2020, 09:37:18 PM
~snip~
About on investment then its none of our business yet you would able to see on what assets they do had and kind of lifestyle.
Exactly and I agree, that's none of our business to know where their assets invested or where that big money goes.

Most of them for sure invest in a business that something we don't know or even preparing themselves for possible happen.
We just remain speculating but I appreciated them that they can able to manage their selves.

The Boxing industry is a great revenue for economic growth.
1711  Economy / Gambling discussion / Re: Gambled against Biden - funniest instance on: November 09, 2020, 09:21:54 PM
Don't be mad if you lose in gambling, even not on the election or even in the basketball team that you had picked. Don't tell me you were mad because they lose. The same story in the article, the guy there knows that there's nothing to be changed if he will get mad at Biden.

However, that's a good attitude of what gambler had, you should not get mad to any and stop blaming others. You should know who to accept losses and move on.

I didn't bet on a betting site but I won that I picked Biden than Trump, I know Biden will win because he isn't arrogant.
1712  Economy / Gambling discussion / Re: Did anyone try to "gamble" with ponzi scheme crypto scam services? on: November 09, 2020, 08:58:38 PM
By participating in ponzi schemes you can harm not only yourself, but also other people. Some people can't understand the danger of such projects. They may see that other people are involved in a project and will feel that it is safe to participate. However, this is not the case.
Please, if you know that a project is a ponzi scheme, do not participate, even if you think you can earn money and leave before it falls apart.
Exactly and I personally experience this.

Much better if you will avoid it while it's earlier. The problem is just when you are very eager to gain an affiliate program and contacting people to join. It will also make them massive losses just at one glance.

For me, you can stay away from the people that very naive upon accepting his fund.
1713  Economy / Gambling discussion / Re: Casino workers forced into unpaid leave on: November 09, 2020, 08:47:51 PM
That's the reality when it comes to a company, you cant hire a bunch of employees working on your company while the revenue is quite short, your company won't survive in that way. Forcing to resign with have benefits like retirements fee or separation fees well I guess employees will start a new job without worrying a week allowance since they got something from the company.

But forced to leave and nothing have got, that is very worst, I guess they need to go to the department of labor that can help to them
1714  Economy / Gambling discussion / Re: KYC on gambling casinos on: November 09, 2020, 08:37:49 PM
Some of the Gambling casinos I've seen are requiring its user to conduct a KYC (not mandatory but they said there's a chance or something) however my concern is that the gambling casino is not licensed are you going to trust this or not? Imagine winning a big jackpot and they asked for you to conduct KYC but they are not licensed.
I guess the KYC thing is those gamblers who will withdraw a big amount that they should undergo with the KYC. However, if KYC isn't a big deal for you that isn't a matter at all. But if you will speak about gambling that doesn't have licensed, well, I don't trust too that gambling site.

A gambling casino should operate legally and should have an evaluator, licensed casinos were always evaluated by the licensing company. If they had something bad, it's risky to their business. So, I guess, the licensed casino was a good decision upon picking a good exchange.
1715  Economy / Gambling discussion / Re: Did anyone try to "gamble" with ponzi scheme crypto scam services? on: November 09, 2020, 08:55:22 AM
I think I do not need to explain what I mean by ponzi crypto scam. Every week I see at least ten new ponzi scheme scams.

They often offer something like 100% interest per 24h (or something similar). They commonly run for quite a few weeks (or months sometimes) before "they go scam" publicly. The obvious idea how to exploit them is to invest something small at the first day, withdraw it as fast as possible and repeat just with the interests from the previous bet (and of course take some money away from every successful round).

Has anyone tried that? Have you been successful? Is this kind of gambling popular/common. Has it name?

This is too risky but if you will be desperate to having profit in a quicker way, just try to join if the Ponzi scheme was running a few days ago. But at least you know the risk that you have joined that possible your money will I guess wipe out sooner or later.

I have known a lot of gambling sites like this but I never join, because I don't want to risk my money and will regret it someday. It's better to invest in reputable gambling sites that offer investment in bankroll because they are surely giving ROI to the investors. Dont be too greedy, small profit but surely repayment will be recommended at me.
1716  Economy / Gambling / Re: Duelbits.com |Instant BTC & ETH withdrawals | Live Games & Slots! |Rakeback |VIP on: November 09, 2020, 08:15:24 AM
why withdraw fees are  still high  "12 dollars"??  Shocked   fees are super low now since days 
hope you fix this soon
As of this moment, it's $11.54 and I think that is right, the team will need I guess to update the withdrawal fee calculator, and since based on the Bitcoin network status, https://jochen-hoenicke.de/queue/#0,24h. Bitcoin mempool wasn't busy.

I think you need to wait for @duelbits for this concern and they will fix this soon. Just enjoy betting and forget for a while the withdrawal if you don't mind.
1717  Bitcoin / Bitcoin Discussion / Re: Top Reasons You Should Know More Before Buying Bitcoin (BTC) on: November 08, 2020, 11:51:28 PM
I guess it would be better to educate people as well on the grey areas of bitcoin, the community, and the people who are abusing it for their
illegal activities.  People should know why people are trying to abuse the cryptocurrency.  Also, the expectation must be set especially with the volatility of the market.

And one last thing, it would be better for them to know that bitcoin is not a form of investment. It's just a store of value. Risk is always there.
1718  Economy / Speculation / Re: Bitcoin is doing Pump & Dump before the US Election results are finalized on: November 08, 2020, 09:59:44 PM
Jut says, congrats to Biden a new administration of leadership.

Just nope my friend. Been here for a long time. That's not how the game runs here. You have to know that Bitcoin doesn't rely upon with the U.S and will never be.

The election has really had an effect, yes. But it would only be fractional. You guys don't need to overthink that way. The only thing that will affect bitcoin is the extinction of humanity. So don't you worry. The moment is already there, we just need to support it.
1719  Economy / Trading Discussion / Re: What technical indicators do you use and why on: November 07, 2020, 10:27:32 PM
Well, this is not to be redundant. But to add the number of votes for the best technical indicators you have to use for your trading.
Relative Strength Index -- For you to check the overbought and oversold. This is very important to consider when you are trading. Fibonacci retracements to make sure that you'll not stick with your countries trading decisions. These two are very important for your trading decisions, but yes, sometimes when you're there trading, you will actually forget to use these tools. But good luck on your journey!!
From all of the stated indicators on this post, one thing is to have. The Fibonacci Retracements are a must to consider for your technical indicator. RSI and recommended but I don't personally utilize it often. But sometimes it helps me to make my decisions. I know that it's important to determine bought and sold in market sentiments but I find it really hard to do my decision-making by knowing it.
1720  Economy / Trading Discussion / Re: Trading hours on: November 07, 2020, 10:14:45 PM
Use your Fibonacci retracements technical tool for you to know which regions are doing tradings at that time and to identify when would be the best to trade your stuff.

If you're trading cryptocurrency, you have to consider that it is being accessed globally. So timeframes are different and trading hours vary.
I think that's it for me and good luck with your trading!
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