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2161  Bitcoin / Bitcoin Discussion / Re: Is Leverage / Futures Trading permissible in religion ? on: January 29, 2021, 07:27:07 PM
Anything and everything happening with our life can be associated with religion. It is our mind, and the way we look at the issues. We can't state whether it is halal or not, because different set of people have difference of opinion on the same thing.
2162  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: January 29, 2021, 06:55:51 PM
Man when you get married you'll get a partner who cares you and stays supportive to you in rache and everything. This will help you achieve more in life and makes living more comfortable.

I agree with the statement, don't pay taxes. The governments weren't providing anything necessary for the people. The tax money is being used for their personal wellness. So, I always stand on don't pay taxes.

Banks are primary transaction support system. Right now it is quite hard to say no to the banks. Maybe in the future scenario can change as people are getting much into cryptocurrency usage.
2163  Alternate cryptocurrencies / Altcoin Discussion / Re: I introduced cryptocurrency to my friends by using DOGECOIN on: January 29, 2021, 05:10:05 PM
I wonder why do you think dogecoin a good idea in introduction

Came back here to actually check and reply to some posts that are actually convincing and shed light to those who actually wants to know why.

I honestly think Dogecoin is a good start, everyone loves that 'doge meme' that trended way back on the year 2012, 9 years later, people are still using it as a meme and it has upgraded, just like Dogecoin, it's not only a meme and in the future, Dogecoin looks to be a lot promising than the other alts and has the potential to surpass them, so I think not only for the memes and for me to lure my friends onto cryptocurrency, I did it because I know Dogecoin has that potential to surpass other alts, or even Bitcoin, but that's a wild guess, and speaking of Dogecoin, there's a sudden pump to it, let's see if this continues.
You're awesome man. None could've made a clear picture of dogecoin. You made it and has benefitted out of it. When there were more other cryptocurrencies, you've prioritised dogecoin. This can be mentioned as a random pick, a lucky pick as well as by choice of knowing the market. Hope the growth continues yielding bigger profit to you and your friends whom you taught about cryptocurrencies.
2164  Bitcoin / Bitcoin Discussion / Re: Bitcoin legit or not on: January 28, 2021, 11:01:36 PM
If bitcoin isn't legitimate now this could've gone out of usage and completely the growth might've been found zero. Here the scenario is different, it has got innovated, and from the very first day its usage and market keep on increasing. If someone is thinking of its legitimacy and staying away from bitcoin, then it is true that they're missing opportunities.
2165  Bitcoin / Bitcoin Discussion / Re: How do you use bitcoin? on: January 28, 2021, 06:07:08 PM
Using of bitcoin has turned to be much user friendly through different services and applications developed to fulfill specific things. I personally prefer to convert Bitcoin to cash and use it. We can make it possible through our forum services section, currency exchange and through sites that are dedicatedly functioning for this purpose.
2166  Economy / Speculation / Re: Can you really 'Sell High and Buy Low' in this 2020 BITCOIN Bull Run? on: January 28, 2021, 05:46:17 PM
Sell high and buy low is possible, but this will be profiting mostly the users with high volume of crypto holdings. The goodness of cryptocurrencies is the volatility. This happens regularly, so buying low and sell high is possible. Here we need to set a small difference between the buying and selling. This helps in consecutive completion of orders and grab an average profit. With small scale trading we can't practice or give a try.
2167  Alternate cryptocurrencies / Altcoin Discussion / Re: What old coins are you still holding? on: January 27, 2021, 10:27:42 PM
It isn't that old, I've got a thousand Tron in my wallet. This is valued very low at present, and my plan is to sell once the price of Tron reaches $10. As of now there is no indication of growth. If it goes zero also, it isn't gonna affect my portfolio. This makes me keep hold without big mind fear of crash.
2168  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can we expect a dip, slump or pop soon? on: January 25, 2021, 11:54:32 PM
The marketcap yesterday went close to $1 trillion. Now it has dropped low around $955 billion. The market fluctuation continues to take place within specific limits. This doesn't let us to conclude what form of growth is gonna happen. It can cause dip or growth, everything depends on the Whales watching the market. Their sudden entry could cause a downward market through panic selling or accumulation to growth after some time period.
2169  Economy / Economics / Re: Is there subject to study Cryptocurrency ? on: January 25, 2021, 08:34:59 PM
If you're good with math, then one can easily understand about cryptocurrencies and cryptographic algorithm. One cannot easily understand it. One of my friend is good with math, and looking upon cryptographic algorithm he tried to teach me good. Fortunately I wasn't able to learn. We've got more professional courses for blockchain and cryptocurrency. Recently saw a course for future BlockChain technology. Here it was a 12 month course and the fee is about €5000
2170  Economy / Economics / Re: Are Cryptocurrencies Really Money? on: January 25, 2021, 08:18:24 PM
Central banks digital currencies are money. No doubt on it, because a digital currency is just the digital representation of the traditional fiat. Cryptocurrency is something different and is all about the blockchain technology. This technology evolution and adoption into banking sector have changed a lot, but the real blockchain technology survives.
2171  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin at risk of regulation? on: January 25, 2021, 07:21:50 PM
Regulated usage will make majority of the people know about bitcoin. When regulated the government also gets benefitted out of it. In reality it is really a hard task to regulate the usage of cryptocurrencies.

Under regulated usage bitcoin will loss its importance, that is pseudonymous. When something needs to be regulated, government needs everyone to get interconnected and fulfill KYC norms. This will affect the decentralisation and the freedom of banking which is the core of bitcoin over traditional fiat.
2172  Bitcoin / Bitcoin Discussion / Re: Bitcoin advertising by celebrities. on: January 24, 2021, 11:59:38 PM
Celebrities involvement keeps growing with time. More number of celebrities have invested on bitcoin and different cryptocurrencies without disclosing it to the community. In recent days some popular sports persons have started to get their pay in terms of bitcoin. Following this we can see the involvement of more sportsmen into bitcoin.

We the users also need to be careful with these kind of advertising, because celebrities are used as a platform to popularize things. As a result paying good to the celebrities scam projects will also be promoted. These celebrities doesn't have any idea regarding it, but they endorse the product/service. So, users should not follow them without analysing the true value and use of the project.
2173  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: January 24, 2021, 11:50:09 PM
No one can assure you with the market changes of bitcoin. By the next hour the market can start falling downward, or it can have a steep forward move. Based on different changes happening relative to the market there'll be variation in the growth.

It is always good to make self decision when it comes to selling/holding of bitcoin. If you sell today getting suggestion from someone, and if growth happens once after the sell it'll cause some form of anger against the person suggested for a sell. Here the mistake isn't with the person who suggest it, but mind won't accept it.
2174  Economy / Speculation / Re: What's reason for pumping btc price? on: January 24, 2021, 11:29:25 PM
The short answer for your question is demand. The more people looking for bitcoin, the more it's price will be jacked up. Normally supply is also going to be included in this which it is actually, but in a very weird way. You see, bitcoins are discovered, and whomever discovers it takes up a portion of the 21 million supply that will never be increased. Now miners here and there, made it harder for newbies to mine themselves, so they will buy instead, soon after, people opted to just buy because it is much easier and more convenient to buy $500 worth of bitcoin than to purchase a $2500 computer meant only for mining.
Exactly and that is how investors make the price of bitcoin becomes expensive, due to the demand will increase it means the supply will decrease because bitcoin has a limited supply which the more people will hold it the more it will become expensive. There are too many institutions as of now that adopting bitcoin, individual or a group has potentially made bitcoin grow in the market.

So analytically speaking, because of the investors the price grown up and bitcoin was very lucky because there are too many big names company saw the potential of bitcoin.
The increasing demand pushes the price. The initial price pumping had taken place as a result of institutional funds getting into the market. Now the same has made more common people get interested towards bitcoin. Parallel to the growth of bitcoin there is more growth happening with ethereum. So, this looks like a growth period for altcoins. Soon ethereum will mark its new ath value.
2175  Economy / Economics / Re: Miami mayor considers investing in bitcoin with public funds on: January 24, 2021, 01:48:47 AM
This is a big step forward by a government to make direct investment on bitcoin. Years back itself similar move is taken by Bulgarian Government. Bulgaria Big On Bitcoin As Reserves Could Exceed Its Gold Stash. It has got Bitcoin in higher volume than the volume of gold. As every country prefer gold as backing reserve, Bulgaria have prioritised Bitcoin as the reserve holding. Maybe we can expect more countries getting used to direct bitcoin investment.
2176  Bitcoin / Bitcoin Discussion / Re: What do you think is the biggest disadvantage of bitcoin? on: January 24, 2021, 01:04:24 AM
It is already known, the transaction fee with bitcoin is quite high and it keeps rising when the price bounces high or there is high volatility in the market. With large volume transactions the fee doesn't seem to be big. Maybe someday the same scenario will prevail with low volume transactions, because only through that it is possible to have bitcoin into real life usage.

Bitcoin is an alternate to the traditional fiat, and it is created to fulfill things that aren't possible with traditional fiat. Nothing in the world is perfect, the perfection is upon the way we use it based on the need.
2177  Economy / Services / Re: [Open] DeFi For You Signature Campaign || Full member+ payout in btc. on: January 21, 2021, 12:43:24 PM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=26401
Current amount of posts (including this one): 4170
Amount of EARNED merit in the last 120 days: 2
bech32 BTC Address for Payouts: bc1q25mn390g28frayntu4wduew23g862mne2u7cey
2178  Economy / Gambling discussion / Re: Are you a high roller? on: January 09, 2021, 05:32:52 PM
gambling using large capital will only allow us to lose all assets immediately, whereas if using small capital there is still the potential for profit, so control the patience we have and don't be influenced to use big bets.
That's not true if you have a large capital it doesn't mean that your chances of losing it all in a short amount of time is significantly higher. The same thing can happen to those who gamble with small deposits it all comes down on how they would manage the risk for each bet and the control they have whenever they experience consecutive wins and losses.

I agree. Your probability of losing or winning does not depend on how much you bet. It does not have any connection at all. It does not mean you have a higher probability of winning simply because you are betting small. In the same case that it also does not mean you have a lower probability of winning simply because you are betting big. That does not sound logical to me.

What is probably logical is that you will have a bigger chance to recover your losses if you are betting small because that means your funds are not easily drained than when you are betting large amounts. You can still play on for a much longer time if you are betting in small amounts.

It really doesn't matter on how much money you throw since the main thing there is how you can handle the pressure upon playing since winning and losing is so stressful and the pressure we get upon losing is huge since the feeling to chase is their to recover also in winning the urge to win more happens that's why many lose after the end of the day since many can't control theirselves upon playing.

If you find both winning and losing in gambling so stressful and full of pressure then you better quit gambling altogether. It sounds that gambling, at least in your experience, is more of a burden than something which is supposed to ease it. Gambling is a form of entertainment to serve as something which gives you fun and probably an outlet to release negative emotions or clear your mind of certain petty problems.
When an user is found completely stressed, then it is the time to take a break or quit. Gambling is all about fun and entertainment. Particularly these kind of people need to spend on gambling accompanying any of his close friends, because these people easily take negative decisions when the expectation isn't fulfilled through gambling.
2179  Economy / Economics / Re: Will Crypto live forever or die? on: January 09, 2021, 03:45:56 PM
Cryptocurrencies won't die for any reason. At present, world is much connected to technology. The same is in demand on financial sector. The same is getting fulfilled through cryptocurrency. Cryptocurrency usage slowly increasing with time. When the entire volume gets mined the limited supply will keep up the market strong. We've got large number of cryptocurrencies with different usage, and everything gets tied to bitcoin in some form.
2180  Economy / Gambling discussion / Re: Betting History - 2020 on: January 09, 2021, 01:46:47 PM
Agreed on your statement. Beyond certain point if we're into the winning streak we'll have little control on our betting. If we're experiencing loss, automatically our control gets lost. To overcome the same isn't possible, because very few have the mind and control to take a break. Myself used to deposit further to recover the lost funds.

My casino stats are no better than yours, although I don't lose as much money. I still have not learned how to fully control my emotions at the gaming table, but I stick to several rules, one of which is not allowing me to deposit more than $100. If I lose I don't go back to the casino for a few days to allow my emotions to subside.
Good of you. Every gamblers won't be have the same mental strength to overcome the losses. People out of emotion go deposit as much to recover the losses. Limiting yourself on the deposit is good way, because even if emotion outbreaks we'll endup losing specific amount.
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