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621  Economy / Gambling discussion / Re: Do you find Success in Gambling? on: August 10, 2018, 12:23:54 PM
After a long time something good is here to read. Yeah, gambling isn’t suitable. Why are we against it, rather I must question it like this. Why some of us are against it and why others are advising to adopt this game? I think we know the destruction that gambling made in lives of our brothers. They are totally ruthless and become miserable in their living styles.
Most times, it is always like that. When you are concentrating on winning, you get emotional and even when you are losing, you keep losing so much more that controlling yourself will be something hard to do and that also comes with winning as you will want to keep pushing your luck further until you are back to base.

For those who may see it as fun anyway, there is a way they can at least see anything they win as pure luck and be able to know when to call it a stop. Luck is the main thing that can absolutely make gambling come out successful for anyone and that is if the person does not end up taking the luck for granted.

Most people have this mentality of huge winning when it comes to gambling and when some of them eventually end up getting that huge winning, they flop, push their luck more and they lose everything which sets the emotion running and them making more mistakes.
622  Economy / Marketplace / Re: Trading, ICO, Lending, Bounty. Which one should I do ? on: August 10, 2018, 09:08:18 AM
For me, bounty is the best on those four options above. Why?,simply because you don't need a capital or a money to spend off. So it means that you don't have anything to lose except your effort and time. Well, even if you are trap in a scam bounty campaign or encounter a fraud one, you still lose your time but your knowledge is still continue to grow by joining different kind of project. Just adding a good sense as a bounty hunter!
That’s true, bounty is the best option and just because he’s a newbie I don’t think he should try to go for those other ones especially lending and gambling. He can go for trading, that also shouldn’t be right now cause you have to go through some series of training to know how trading works. It is not easy as most people sees it. Just like when I was starting I always thought that crypto trading was going to be an easy thing,but it wasn’t and I failed many times and I had to go back and learn it and that took me sometime. Well, it’s all about patience.

Don’t even try to lend with bitcoin, many people don’t know anything about how it works and I don’t think you might be able to get those money back. If you’re going to start lending bitcoin just bear in mind that you are already just giving out free money to people and mostly scammers who will never pay you back. If anyone needs money let them go to banks and get loans for themselves. You can do other things that you have mentioned but don’t even try to go for lending.
623  Economy / Marketplace / Re: A tool to avoid scammers on: August 10, 2018, 08:01:40 AM
Just found a new tool that I wanted to share with you all. If i knew who to watch and listen to from the beginning I wouldn't have lost so much money.... so here's to helping out the newbies.
Whatever tool it’s going to be, I don’t think it’s something you should be relying on. It will be much better for you if you take the responsibility on yourself and start fishing those scams all by yourself. But if you just relax with hopes that an ordinary YouTube channel will solve your problems then you’re probably finished cause there are lots of scammers and this channel your talking about can’t fish them all out. You don’t need to rely on it, just learn how to fish them out yourself.

?
Why just question mark? In case you didn’t understand, what the op was actually trying to say was that there is a YouTube channel that points out scammers and can serve as a tool for knowing which sites are scams. But from the experience I’ve had so far, you can’t use just an ordinary channel on YouTube to know which site is a scam or whatever, it is best for you to be making research and by the way who has the time to sit and watch YouTubers talk about sites that are scam or not.
624  Economy / Gambling discussion / Re: Is gambling addiction mainly due to loneliness and dissatisfaction? on: August 10, 2018, 06:53:49 AM
When you are in trouble it is really to hard to find people around you who care, when it comes to problems usually people turn away from you, cause of its much easier, no matter about what kinfld of addiction the point is, gambling or drugs.
Yes, when we are having our loved ones near then the chances of getting into gambling or drugs will be less. Only when we do not get enough soothing from them or when we expect more but getting less then we may go for another soothing one which may be gambling or drugs. Loneliness are enough dangers to kill a person by causing psychological disorders. Instead of bearing the pains of loneliness, many people choose the other available options like gambling or drugs.

We can't compare addiction of gambling to drugs that's like comparing oranges to apples.
But I do believe the dangers due to consequences of gambling addictions is much worst than drugs. Gambling addiction may lead to complete destroy of a person regardless of his family or social standing and status. Basically gambling addictions are vulnerable to a person only when he is continuously engaging with gambling. It means when a person is not good with their relationships then he may get into gambling to spend his leisure times.
625  Economy / Gambling discussion / Re: Really! Where is the fun at? on: August 10, 2018, 03:07:49 AM
Big different is there in watching movie and playing gambling, in gambling every time you have expectation of making money from gambling which make it more attracted and having good fun there.
You may have big differences in acquiring entertainment between watching movies and gambling but I do not. Yes, the satisfaction of watching a good movie is similar to what I finish off with online dicing along with spending more time in setting up variable in the automated environment. It must differ gambler to gambler but I refer the satisfaction we are enjoying at the end of the day. No big differences and also, I am not claiming that one will replace another.

I think most of the people are there to play gambling again and again because for every time they have hope a one day they will become succeeded to make a big money from gambling.
This is the hidden truth why you are not ready to accept similarity between gambling and movies. You cannot find any chances of returns for your money spending with watching-movies whereas gambling provide such a chance (even it is becoming possible only for very few gamblers). All these reveal that you people are still expecting only big money from gambling and  not ready to accept the real meaning of why gambling is with us.
626  Economy / Trading Discussion / Re: Which is the best time period in a day for Crypto trading??? on: August 09, 2018, 06:09:01 PM
Which is the best time period in a day for Crypto trading, where more traders participate in trading??
If you divide trading hours into Asian-Europe-American time zones, so far I have notified downfalls have happened in Asian and European timing whereas most bumping have happened in American timings. This is as per my observation in last 4 to 5 years and there might have many exception also have happened at many occasions.

If you want to go long into bitcoins, you must watch markets very closely during American time zones. Many start ups and market giants which are based on cryptos are originating from USA and UK hence watching crypto news along with your trading will help you a lot.

in fourth quarter many people have money and some of them looking for the right coin to invest their money. In that time many coin will increase because many people invest their money on crypto .
Fourth quarter is a time period ? Okay... in some sense, it is also denoting so. Will you wait for fourth quarter for your day trading ? Hmmm sounds funny to me. Still why not ? Doing holding in rest of quarters and only in fourth quarter doing day trading ? Very much news to me Shocked.
627  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should buy and hold NEO? on: August 09, 2018, 04:40:05 PM
The NEO network is the one that is filtering better the bad ICOs and the scams. Only serious business get into it and that patient strategy is for sure going to pay.
Yeah, and for the fact that it is already being used for some projects already with more to come, it sure do stand a great chance of increasing in value hugely in the long run. The thing now is that no one can actually tell exactly how things are going to be happening for any coin or token in particular and in general, but one thing we can sure do now is to be sure what we are holding is worth it and NEO is definitely one coin that is worth holding.

OP already must have his lot of reasons why you should be investing into NEO for the long term and you are still asking us again if you should. I guess it is either you are not even sure of the potential the project holds or offer, or you just simply feel like opening a topic to ask a question. You already said it, NEO is a good project and there is no doubt about that and a good project is worth buying the dips a whole lot of the time but that final decision is based on you anyway.
628  Economy / Trading Discussion / Re: Crash recoveries are not moons on: August 09, 2018, 04:09:11 PM
It's irritating to see people saying that after a 20% crash (which happened a week ago or so), that 1 or 2% daily recoveries is a good sign for the market. It's not.
The investors who have seen regular crashes from past months little growths are very good for them and they ate seeing it as sign of growth or recovery of their losses.Yes the growth of 1-2% is not high comparatively to 20-30% of downfall but if this pace continues then soon we will be in profits.So lets be hopeful for the prices to the moon soon.
We may expect hitting moon by end of this year but I want bitcoin prices to trade at least above $10k levels within this month itself. When bitcoin prices reaching some decent marks then it will start attracting new investors which is the only thing we all need right now. How many crashes, we experience, I do not care. I care only how quickly bitcoin recovers because that alone will make bitcoin further strong by enabling new people adopting bitcoins.

Still, it does seem like positivity is back in the peoples minds. That is literally more important than any other news that comes up. If people are hopeful the price follows in the end one way or another. If people are pessimistic and hopeless than the price goes down as well. People seems to think that this is the bottom and it will not go down any lower that would be significant (might drop couple hundred bucks but not that important). This means people will start buying more because they believe we are in the dip now.
629  Economy / Gambling discussion / Re: Does hard work in gambling count? on: August 09, 2018, 12:37:19 PM
Bill Gates says he hires lazy people because they will always find the best way to do the least work and so find the most efficient process.  Compare that to this question and maybe the hard work is in not doing the simplest thing which is to bet always but to resist temptation and save yourself the loss sometimes.  The hard work is in when knowing to do less ?  Cheesy
But gambling does not require hard work because I have seen some gamblers spending long hours in innovating new strategies but they never found a method to crack profits, yes all their hard works ended in vain. Then it means least work will crack profits from gambling again a big no is the final answer. What will help then ? probably a smart work. Still your smart wok must capable of maximizing your chances of being luck. Possible ? Not yet proven.

For luck basis game you don't need any effort, and the game results randomly as you said.
Random results are obvious from gambling always hence targeting something with hard work is complete meaningless. No gamblers is ready to understand this fundamental of gambling that is the reason we are having such a topic of hard work for finding success in gambling.
630  Economy / Gambling discussion / Re: Sometimes enough is enough on: August 09, 2018, 09:29:34 AM
it is better to do this so we can leave the games and we can prevent to become an addicting person in gambling. besides that, we can get the winning money and if we want to make another winning, then we can come back on other days.
Realizing the process of how becoming addicted to gambling may enforce the rule of "enough is enough". But, gambling never let you to free minded to realize that fact. It is a rush of blind emotions which will make your knowledge and experience to zero and you will get into gambling like a noob and will get addicted more quicker than you could imagine. Yes, when we are not limiting the dangers of gambling are faster than anything.

it is not good if we decide to continue the games because we don't know what will happen later and we don't know if we still have a luck to win another round. so I agree when we say that enough is enough and we can get out of the place.
Getting out of gambling by deviating our interests will become a possible when only your mind not following your emotions. But, gambling will boost your emotions to suppress your mind and the final result is obvious as we have seen why most knowledgeable people also becoming addicted gambling in more quicker time. "Enough" should be a first priority for all gamblers so that they will able to control themselves all the times.
631  Economy / Gambling discussion / Re: Benefits of gambling? Yes - it exists! on: August 08, 2018, 05:05:58 PM
for someone who is indeed actually and truthfully gambling for fun which sometimes I wonder where the fun comes into play most especially for online gambling, we may actually say they may get the some of the benefits mentioned by the OP even though most of the benefits actually go to the casinos and the government anyway.
Well, I hope you get the best from the dice you roll and at the same time know that nothing is guaranteed and most of the time, losing is even more guaranteed no matter how you think you are smart enough to tweak the mechanism, because the house edge are absolutely not stupid as far as I am concerned. It is gambling, and nothing else, and attaching a lot to it and expecting the best from it is what has made a lot of people turned to addicts as they could no longer control the emotions anymore.

Gamblers are bound to lose money every time, and careless gamblers are bound to lose even more, which makes the whole idea of benefit sucks anyway since you can get those benefits from somewhere else without having to gamble.
But the idea of being relaxed without at least having to one way or the other think about the money you are losing is only something you can achieve in a traditional casino since you will have people to gist with, you can at least do other fun stuffs and so on, but that does not still mean that the benefit that is there mostly is far lower than the disadvantages that is available when it comes to gambling and that also depends a lot on each individual as well.
632  Economy / Gambling discussion / Re: Sometimes enough is enough on: August 08, 2018, 03:46:03 PM
If I have accomplish my winning goal, it is enough for me. Don't need to risk anymore, if you have given a luck to win then it is enough, don't be a greedy it will make you lose all your money
That is great if you have won such amazingly and now you consider it important to make a full stop at some point. But believe me if you counter this law and implement it in other sensible ways of earning, you could even do better. Your life can be saved, and you may be living such drastic life. Why to be still on line that can define you win or loss at single movement.
When a gambler is successful in achieving his dream goals how we can expect them to stop their gambling activities ? I guess when you are successful with your gambling then there will be no need to stop. Yes, stopping is important only for the gamblers who are deliberately seeking their winning strategies. In other sense, it means your goals do not need to be materialistic, you may seek anything from gambling which could be sometimes a feel of satisfaction like watching a fifa world cup final.

Enough is emphasized to the people who are all not finding what they seek from the gambling. When you are good at anything then you may continue with them without any secondary thoughts. But, good in the sense you must spend for your gambling with limits, again this term limit includes here, affordable level of spending.

Spending unlimited and declaring themselves as a successful gambler is not making any sense. When everything with control and finding some good feel out of gambling not need any stop points. It may sound too complicated with many exceptions and inclusion of condition then gambling for free and only in limited hours is highly recommended way of gambling.
633  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: August 08, 2018, 01:57:55 PM
Countries in Africa will probably need bitcoin to help them improve their economies. There should be a common currency for these countries, bitcoin is very appropriate, but their government needs to cooperate with developed countries to change the economy.
And that is even possible to make happen by introducing Bitcoin in the continent. The ratio of people living below the poverty line is very high and this lead majority of them into crime and many illegal activities and many  of them end up in jails or in worst health and mental condition so it is a dire moment for introducing Bitcoin into such low income people who might be able to use it for their welfare and to improve their living standards.
I think that is happening lately with crypto getting bigger. I mean tobacco companies pay politicians to help them out on health issues, whereas weed is even less harmful than cigarettes we see that everyone smokes cigarettes but weed is legal in only some places. We see internet companies getting paid in billions from tax money and fail to deliver their promises but they use that type of money into politicians. We see many companies lobbying.

Well, crypto is getting bigger and we may soon see that wall street people who bet on crypto and hope for it to go up will soon lobby politicians to keep it legal and tax it cheaply so they can make money off it. Bitcoin is a proven way of supporting for the countries that have failed with traditional economic practices. Hence, we may see many countries to adopt bitcoin in coming days due to this reasons.
634  Economy / Trading Discussion / Re: What should I learn to be a professional trader? on: August 08, 2018, 12:49:06 PM
There is absolutely no way anyone can get to do better in trading than trying as much as possible to learn every form of TA that can help them combine analysis to form a good strategy to be able to make good decisions in making calls in the market.
One thing however, is that after learning, it is not always good to just assume that everything is alright, and it is always necessary to face the market with just little of what one can afford and use that to gain some good experience.
People are suggesting many tips here for becoming a professional trader but in my experience what makes us as a professional trader is, how we prepare ourselves to withstand the hard time like down markets and how we manage stop loss levels and unexpected losses.

Actually, down-trend is always a period when you get to see huge movement in the market most of the time and from the look of things, I want to assume this is the same case we may end up having this year as well anyway. Also, around this time is also a very good one to monitor the altcoin market anyway since they also tend to do great and with that, you can still make some pretty good one on some of them before the end of the year when autumn ends.

Other than these, market fluctuation is giving everyone a new chance to pick on those markets they have always been eyeing and what amuses me is that same people who complained about the market too expensive instead of buying the dips still get a lot worried and always end up not getting to be a part of it eventually and that makes me wonder if they are really ready to even invest at all.
635  Economy / Trading Discussion / Re: Holding BTC vs Day trading or short term trading. on: August 08, 2018, 10:21:36 AM
As I see it, the newbie cannot deal with the day trading as in 95% he will make a mistake and lose the money. Here, the beginner should better hold.
At this stage, it actually depends on how long one wants to hold as for the past few months and the behavior of the market generally, we all know that is simply a hard thing to hold on to any market for long now and most especially altcoins. No one is sure how the market is going to be like in the long run, probably altcoins will be able to do their own thing without getting a hit from bitcoin, but as it is now, they get beaten hugely and one of the reasons why long term trade makes a lot of sense.

all of those are profitable depend on how you handle it.  Holdinh btc is profitable if it rise and you aqymuire it at a very low price.  Short term trading or daybtrading is also effective way on how to gain more but with a higher risk than long term.
Holding is actually something that is good for those who may not have choice than to hold anyway. Normally, it is either you are holding or you are trading as an investor and the reason a lot of people hold anyway is because they may not have the time or the knowledge to trade. However, when it comes to the idea of playing with the highs and lows in the market with that huge volatility, Holding for me is out of it, and better to trade them and increase your position in the long term.
636  Economy / Economics / Re: Is wallet security important to use? on: August 08, 2018, 08:36:28 AM
do not rely too much on computer or smart phone. we can record passwords or private key into a book or print out. manual way can still reliable even though the modern era. or use personal encryption to protect data theft so that stolen data can not be opened on other devices.
It is that feeling of relaxation about how their account may be impenetrable or some form of lackadaisical attitude that makes some investors to fall victim in the hands of hackers. Hackers are here for business and if they can, they would be wiping the whole money into their pocket worldwide. Give them a chance and they will never slack, so I wonder why anyone would want to willingly and openly leave their wallet vulnerable for hackers to get into.

Discarding security and going coinless which for someone who is holding some huge worth amount, the last thing they would ever want to be considering at all is not even having a very tight security. That is like a call that no one in their right mind would want to take.

Security is very paramount in this space and anyone who decides to want to do without it is actually trying to play with fire as far as I am concerned.
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638  Economy / Economics / Re: Money Is Political, Not Technical on: August 07, 2018, 04:41:23 AM
Forgery was considered a big problem in ancient times. Forgers were given horrific punishments, including chopping off of limbs, to ensure that people don't try to attempt it. Bitcoin has solved this problem, but now the state realizes that their monopoly is under threat. Forgers seem to represent a smaller threat than Bitcoin.
That is the reason in a way, the application of blockchain technology will become rampant as days go by, with so many governments already trying to see how it can be applied and integrated into the system for a better approach to things, and how it can help and assist each sector. Yes, we know this is going to be more decentralized anyway, but also it would skyrocket the usage of the blockchain technology and will also give chance to the decentralized world to get exposure as well.

Quote
Bitcoin has solved this problem, but now the state realizes that their monopoly is under threat. Forgers seem to represent a smaller threat than Bitcoin.
Bitcoin was introduced to reconstruct the entire industry in a way it must work. Yes, democracy and republic were not working so fat and the momentary systems were controlled by central banks without considering the welfare of common people but only industrialist. A true democracy must work in decentralized way even in daily momentary system too.
639  Economy / Speculation / Re: Bitcoin Future....? on: August 06, 2018, 06:29:02 AM
In my opinion, a current progress in the technology will definitely make it one of its kind in future an of course the technology has a great future and it is clearly visible from the fact that more and more countries have started accepting the technology and it is spreading.
I think it all depends on the worlds economy as well, when something big happens bitcoin gets a bigger applause from the people and if everything on economy is going great than the dollar worth more which results in bitcoin dropping in price. When the economy is good and people can make money from anything like stocks markets forex or even real estate from low real estate interest rates and so forth it means people will not look at bitcoin. However when EVERYTHING is falling and people are losing money and governments intervene and everything looks like its about the hit the fan than you can trust that bitcoin will be the one going up, which means more and more people investing on it.

since it is generally accepted as a medium of exchange, in future when almost every country and every shop in the market will accept Bitcoin, it will become an international currency and it is said that it can pose a big threat to USD as well.
I recently read an article about how much value bitcoin needs to replace USD. That value is less than million level hence it will be possible for bitcoin to dominate USD. That price level was calculated based on what prices will provide bitcoin more attraction from people and merchants. Hence, it seems it is possible and I believe that will decide the further fate of bitcoins.
640  Economy / Speculation / Re: Bitcoin slips below $8,000 as investors step away from risk on: August 05, 2018, 08:29:28 AM
Bitcoin value now are below 8000 dollars and after 1 weeks experiencing 8k dollars above they already down again.
But better if you if the investor will invest again to the bitcoin because this month it will become 10k dollars more.
Right now trading below $7000 levels, I am afraid of seeing again $6000 levels. I read yesterday, some newyork exchange is to list one day settling bitcoin derivatives. But, they will start from this November. I guess after ETF failed to get approved, this listing may restore faith among investors.

My opinion regarding the withdrawal of shares by investors is common in the world of investment and understandable, but what must be considered is why investors have moved to the cause, whether it is true because of the issue or indeed they move shares to other more profitable fields, my opinion will remain waiting for crypto to get recognition by the government in the countries of the world, hopefully useful and successful for all of us
Honestly this is not really a bitcoin issue. For now the tech startups and the investments made by the venture capitalist and bubble of new silicon valley companies are going like how the ICO thing worked for us. Every venture capitalist in silicon valley throws money at tech startups hoping they will be the next big unicorn however it is not that easy to reach those levels.

As soon as some of the venture capitalists get nothing in return and lose money from the horrible understanding of how tech startups works they will stop investing into those kind of tech people and start investing into more established companies to actually get a better return because known is always better. The risk is getting higher and rewards are getting scarce.
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