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1  Economy / Gambling / Re: LamboForBitcoin.com *Win A Lamborghini Huracan With The Ultimate BTC Draw* on: May 12, 2019, 01:52:53 PM
^^ Yeah, but those are all assumptions. We can say its even calculated prediction but none of it is reality. Do we have enough proof to call this thing a scam? No not right now. Whatever we say about them right now is our assumption. Yes, in crypto world there have been a ton of "hacks" and a trillion of scams so everyone is being super cautious about who they give their money to.

Of course, people will call everyone a scam until they are proven otherwise. In real world there is a thing called "innocent until proven guilty" but in crypto we do not have that chance because there have been a lot of scams and I "think" these guys are just another one of those scams. However the %100 decision will be made tomorrow, if they fail to prove they actually gave away the lambo then we will know for certain they are scams.
2  Economy / Gambling / Re: LamboForBitcoin.com *Win A Lamborghini Huracan With The Ultimate BTC Draw* on: May 12, 2019, 08:01:12 AM
We believe this is a scam and we do not believe the fact that dude managed to sell that many tickets so of course there is a big cry out for this place and people keep writing here how horrible they are. But the draw will happen this Monday, so I do not think its fair to call them scammers already even before the draw happens. Lets wait out until Monday happens and after the draw if we feel like the game was not fair and they are scammers then it would be the time to actually call them scammers and leave negative trust to them.

How could we actually say they are scammers without them ever scamming anyone, just the thought and possibility of them being a scammer is not enough evidence, we need to actually see them scam people before we can call them scammers.
3  Economy / Gambling / Re: BLOCKCHAIN. The Future of Online Casinos? ✅ on: May 12, 2019, 06:19:22 AM
Weird how a review websites topic turned into a place where people discuss the topic they were talking about. I mean I am not against it since this is a forum and anyone can write whatever they want anywhere (while facing consequences of it if there is any) so its freedom of speech that we write here about blockchain.

On the plus side, website probably doesn't dislike this issue since they are literally getting their topic at the top all the time because of people who literally thought this was a question for them. They must be getting more and more visitors thanks to people who write here. Personally if I have to answer the question at the topic name, I would say yes. Blockchain makes sure the online casinos are not rigged and that is a huge solution to questions people have about online casinos.
4  Economy / Speculation / Re: Bitcoin is going up again. on: May 11, 2019, 05:35:53 PM
This one is the big run.

Everyone waited for this to happen in all of 2018 but not only we have managed to keep going down all throughout the 2018 we also managed to see the all time low for that year move to this year as well. However, now we are once again above that bitcoin cash war, it was around 6.5 thousand dollars back in early November which everyone thought was the bottom and we wouldn't go any further down but Craig Wright sold thousands of coins which made bitcoin go even lower, now we are above the price before Craig sold his coins.

That means we are going to see it go back even further high with the resistance becoming less and less and the price going up becomes easier than ever. All we have to do is not take our profits and run but keep buying more to earn more.
5  Economy / Speculation / Re: Bitcoin on the way to $10,000 on: May 11, 2019, 02:21:16 PM
I used to think that 10 thousand dollars was a big benchmark and it wouldn't happen too quickly but the way we have been going up recently first to break 4200 and reaching above 5 thousand dollars and then breaking that 5600-5800 barriers and reaching all the way above 6.5 thousand dollars, it feels like its quite possible to reach 10 thousand dollars.

All bitcoin needs to do now is continue growing in size (number of people) and we will get there with all the new money coming in seeing bitcoin as a profitable investment once again. There is literally one thing that could stop bitcoin from reaching 10 thousand dollars from now on and that is short futures. As long as rich people see this as a chance and buy a lot of short futures and sell all their crypto to drop the price of bitcoin and profit from it, there is no other way bitcoin would go down.
6  Economy / Speculation / Re: How far bitcoin will it go this time and why? on: May 11, 2019, 11:43:42 AM
The reasonable number would be around 5 to 10 trillion dollars in market cap, those are the highest numbers in most of the worlds biggest stock markets cap so it would make sense if the crypto currency matches the stock market one day. I am not saying it will go there soon or it will ever reach there or even will not pass that, anything could happen in crypto world and I wouldn't be shocked.

Nevertheless, those numbers are reasonable and not supernatural, they could be achieved and nobody will say it deserves to be higher or lower since it is at what it suppose to be. Which means one bitcoin should worth around 250 thousand dollars to 500 thousand dollars, will it happen this time? I don't think so but its not a race so we should be reaching there one day or another.
7  Economy / Speculation / Re: Quickly accumulate Bitcoin before the market breaks down 6K$ in the second 2019 on: May 11, 2019, 08:48:03 AM
I have been doing that all 2018, I had to cash out some of my bitcoin because of some family urgency stuff and at one point I was so poor because of those things that I literally didn't know how I would eat dinner but with careful calculations I have managed to make some savings and right now I am doing much better, I both have bitcoin saved up on the corner and keep earning more and more bitcoins while not spending all the ones I have already so it means I am going to have more bitcoins the longer I keep working but at the side I also get other altcoins and airdrops and ICO's and all that which worth really not that much right now but I believe they will be one day which will make me super rich (hopefully). So I definitely agree with this post and believe bitcoin will be not only over 6 thousand dollars but will be over 10 thousand one day.
8  Economy / Trading Discussion / Re: Do we really know how to trade? on: May 11, 2019, 08:12:09 AM
I personally think that I don't. I trade here and there and not that much so I could be considered a "mid-term investor" instead of trader but if we consider them about the same then I can clearly say that I don't know when to buy. Most of the time whenever I buy something same thing happens, it goes down a bit, it stays there for a long time, then it goes up a lot.

So yeah, I do profit from my trades almost all the time which means "I know how to trade" but considering I could have bought lower since it dropped after I bought I have technically lost on my profit which is why I think I don't know how to trade. If it comes to day trading and buying/selling with small movements then I am not good at all, I can't know any coin going any direction in that much short span of time.
9  Economy / Exchanges / Re: What people prefer Now- A Centralized or Decentralized Exchange on: May 11, 2019, 07:08:16 AM
I think it depends on the exchange, if you do not trust the current centralized exchanges then it is not weird if you select a decentralized one, they are newcomers and they are not superb yet but they are still improving themselves so one day there will be a huge amazing big decentralized exchange that rivals most of the centralized ones.

Nonetheless, as you can see from the examples of recent days when a trusted exchange gets hacked they find a solution to fix it, even if its as big as 7 thousand bitcoins. That is why I think it is not important if an exchange is centralized or not but its important if you trust them or not, I trust a centralized exchange that is binance and I will continue using it however that doesn't mean you should too. Search for yourself and you will see which one you prefer by just using them a few times.
10  Economy / Economics / Re: Regulation of Cryptocurrency Around the World on: May 10, 2019, 09:13:15 PM
This shows more information about the laws than I know of my own country. That means either of two things, either I do not know my own countries law (which I doubt) or it doesn't have full information on some of the countries. What you have to understand is that there are case by case countries even with the biggest countries on that list, including USA.

Sometimes depending on what you do with crypto its totally legal, you think if you give out bitcoins into a charity someone would say where did you find it? No. However, lets assume you bought drugs with bitcoin, not only you will be jailed for that drug dealing case, but that bitcoin transaction will be seen illegal as well, so in one case you sending bitcoin is fine in other case you sending bitcoin is illegal. That is what I mean by case by case, it depends on what you do with bitcoin that decides on what type of consequences you will face. Most of the countries on that list is doing the same, its still a gray area in almost any country.
11  Economy / Economics / Re: The BIS has attributed the volatility of bitcoin to the lack of a central bank on: May 10, 2019, 08:40:01 PM
WHAT A SHOCK! Of course the volatility is based on the lack of central bank. We are fine with the volatility and increases and decreases of bitcoin because there is no power that controls bitcoin for us and we (literally "we" as in all people) control the market ourselves. There is no way we need to keep going up for shareholders, there is no way we keep doing something illegal to profit ourselves as a whole, there is no collective shady business going on to get ourselves rich while saying screw everyone else. Central banks do all kinds of dirty stuff and when they keep the economy at bay they are doing it for themselves not for us. This is exactly the reason why we love bitcoin and we are fine with the causality of volatility when it comes to going up and down frequently.
12  Economy / Economics / Re: become rich by bitcoin. on: May 09, 2019, 05:24:15 PM
I do not think it is a illegal to become rich by bitcoin, just like any investment you risk your money investing into something and if you become rich thanks to it then you deserve it. Yes this is exactly the type of people we fight in fiat currency where if people invest in the right things they make money with money instead of producing something and creating money from money has been the root of evil but with bitcoin the difference is you are investing into money itself and not with money, that is the difference with stock markets.

You can see bitcoin as the product itself and buy something that is low valued and then sell it when it gets higher value from the people instead of actually profiting from the company you bought stocks from. If you see them as the same thing then you can consider it as a fraud too but I see them as totally different things.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any particular time to invest in crypto coins? on: May 09, 2019, 10:21:09 AM

Often times, people ask questions as to which best time to invest in altcoins or crypto coins. And I keep wondering if there is always a speculated time to invest in those coins. Early this year, I invested on one cryptocurrency. I was blamed seriously for investing on that particular coin at that particular time. This coin dumped till it almost disappeared from my wallet. I blamed myself continuously and I keep asking myself this question; is there any particular time to invest in these crypto coins? Please feel free to contribute your own opinion.
I think "gradually" is the real time to invest into crypto. You can invest today and price may go up and then that is great but then it may go down later on, you can invest right now and it may go down as well. However, if you invest first of each month (time could change) then you are investing both at highs and lows at the same time.

I have been putting aside bitcoin for over 2 years now and I have seen the highs and I have seen lows so I did "lost" some money which I managed to bring to break even levels thanks to lows as well and now I am profiting each time bitcoin goes up. Instead of putting all your money in once you should definitely separate it and put it on different months.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance was hacked=> Everyone should be wary of your wallet and trade on Binance on: May 09, 2019, 09:39:59 AM
As long as they are online all wallets have a chance to get hacked, so if you are going to choose an online wallet the safest I know would be blockchain.com because I haven't heard them lose any money from any hacking at all but maybe they did that I didn't hear about or maybe they will one day in the future.

Basically, use an offline wallet that would have no connection to any central location if you want super safe wallet. There are trezor and ledger nano s and so forth that basically makes sure you are securing yourself without no central data location. Otherwise all of them are still dangerous and including the biggest places there is no place that would be safe for you.
15  Economy / Gambling discussion / Re: Which gambling sites offers investment on: May 09, 2019, 08:09:05 AM
I think the safest option compared to trading and all that is the fact that as long as there is no hacking involved you are bound to make money. If you are considering bitcoin as a whole for investment and decide not to invest into bitcoin then yeah you can invest into something "safer" yourself.

So, the "safe" here is not for the people who are holding fiat and considering what to invest into, the "safe" here is the people who have bitcoin and don't know what to do. If you have bitcoin at your hand and you are going to invest into something eventually its safer than trading because in trading you may lose money if you buy high and sell low but in casinos you invest and you keep making profits after profits which increases your bitcoin holding in the long run.
16  Economy / Gambling discussion / Re: The Best and Fairest Online Gambling Site on: May 09, 2019, 07:16:08 AM
Do not listen to people that shill what they love by just stating theirs is the best one, check out what the public says about a casino.

Look at stake for example, do you hear them claiming they are the best casino ANYWHERE? They have never done anything like that. They are literally claimed as the best casino by the people because they are literally doing best they can to give everyone a fair and trusted gaming experience. They provide people in need money as well with their weekly charities, they do promotions almost daily and they are never proven wrong in any complaint ever in their history. Do not pick casinos that claim they are best, pick casinos that people claim the best, that way you can at least follow the thousands that have been saying the same thing.
17  Economy / Gambling / Re: Casino Faucet on: May 09, 2019, 06:31:14 AM
The faucets which are available in casino sites cannot be claimed if you have balance in your account. I mean you have a account with zero balance and you claim a faucet, now you cannot claim another faucet until you lose all the balance while playing gambling so the point that under developed countries gamblers keep on grinding the faucet is not right.

Not all casinos applies that rule, at least there are some casinos that lets users to claim the faucet although the account balance is not zero. One example of the site is crypto-games.net, I tried it several times while my balance is still few satoshi, but I still can claim the faucet. I live in third world country but I do not even interested to use faucet for profit as I know it is wasting time, even if I do it then get a good luck then I can be considered as faucet abuser which may result in account getting blocked/banned.
I do not think you will be considered as a faucet abuser right away, the only way you can be a faucet abuser is if you do it constantly and get money all the time meaning you are making the casino lose money without ever depositing anything. Even people who bet big and win big at least risked something but a faucet abuser needs to risk nothing and they can get away with a small amount of win to their wallet.

If you manage to do that only once I doubt they will consider you an abuser (depends on case by case and casino by casino) so you are free to do that all the time until they catch on to you but know that the first one will probably be alright. I still would suggest betting a bit more, there are places online where you can get like 5-10 bucks if you work for them and you can deposit that to the casino.
18  Economy / Speculation / Re: Will transaction fees get in the way of the bull run? on: May 08, 2019, 08:16:27 PM
We have already seen transactions as high as those high peak days, we have seen the second biggest day in bitcoin transaction history, nothing happened at all. Which means people are already buying bitcoin like crazy and they are sending/receiving bitcoin like crazy without any problems at all.

Sometimes it changes the time period which makes transactions take a bit longer than usual but the fee doesn't change at all. Thanks to developments in stuff like segwit and then lightning network the transactions are now cheaper and they are even faster as well which makes it super easy to do all of this. So no, even if bitcoin goes to a million dollars each (lol I wish) there won't be a problem because we do not have a static blockchain, we have a dynamic blockchain that runs equally no matter how small or big it gets.
19  Economy / Speculation / Re: When will we see another Bitcoin 4 week boom such as in 2017? on: May 08, 2019, 05:33:32 PM
I think getting people on the road and helping them join is more important than going that quickly. If you go to 20 thousand dollars tomorrow then many people will miss out on the increases and they will probably just watch us sell bitcoin for a lot of money while they themselves not get anything in return.

Nonetheless, if you do it slowly and go to 20 thousand dollars in 5 months instead of one month then there will be more people that join us on the road and profit from it. The more people there is that join us the less chance we will drop to lower prices once again. When there is only a few people that hold bitcoin on profits they will sell and we will drop quickly because it takes only a few to destroy the whole market. However if there are thousands of people profiting from it then only a few selling wouldn't hurt the market.
20  Economy / Speculation / Re: Bitcoin Could Hit The $6,000 Benchmark Soon on: May 08, 2019, 08:37:45 AM
We are not that far away from 6 thousand dollars so this is not really a news worthy thing. Of course we will hit 6 thousand dollars soon, the market clearly shows that the bulls are back and we have been trying to test over 6 thousand dollars for a week now (even two weeks if you consider last weeks rally too) and we have been making the support line higher and higher which means after we test to break the 6 thousand dollars we do not go back down too much, we go back down a bit which makes it easier to test 6 thousand once again and we repeat that constantly.

Eventually we will be right at 6 thousand dollars testing to break it and it will break since there is no way it can stand for too long. What happens afterwards will be the important part, if it goes back down then that is an issue but if not then we are looking really good for even higher prices.
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