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101  Economy / Speculation / Re: Financial collapse means Bitcoin boom? on: October 07, 2017, 07:07:35 PM
Bitcoin is being treated as a safe haven investment by many investors, because bitcoin is not being control by any countries government and banks, and thus the commonly financial news which are negative in reports does not affect bitcoin values much, so I would say whenever the stocks market crashes, you could always see a huge rise in price on crypto-currencies markets.
I don't think that it will lead to bitcoin boom, but it will be beneficial for all the cryptocurrencies in general. As bitcoin is the best investment so far we have seen and it is graded as the best investment because it isn't under the control of any country so there would not be any kind of manipulation in its price,also the countries are afraid of it because of the same fact. Also there are many people interested in bitcoin who live in countries with lots of corruption and which are in a financial crisis like Argentina and Greece and coming of people from those countries means bitcoin boom.
102  Bitcoin / Bitcoin Discussion / Re: Advantages of paying with Bitcoin on: October 07, 2017, 05:01:24 PM
The advantage of paying with bitcoin is to only that person who have bitcoins and have no other way of converting those into cash, rest i don't feel that there is any advantage of paying with bitcoin. There are many disadvantages of paying with bitcoin which are more advantages. Like you need to wait for quiet some time for getting the transaction confirmed and also that the rate fluctuations and the transaction fees that you have to bear. Till the lightening network is implemented I don't think that there would be any benefit of paying with bitcoins.
103  Economy / Gambling discussion / Re: Slots Strategies? on: October 07, 2017, 04:21:39 PM
I have played slots before and sometimes its really infuriating and other times a lot of addicting fun. But There doesnt seem much more to it than spinning the reels or pressing one button. Does anyone know of any slot strategies people use? Is there such a thing as a professional slotter haha. OR is it really the most heavily dependent on luck gambling game ?

It's purely based on luck and no strategy can help you in winning in slots, ya they are a lot of fun to play and also addicting, but after long continued playing they have become quiet boring for me, now I play dice and blackjack only as slots provide very low returns in very long time and in most of the real world casinos they are rigged and are a granted way to lose your money and also most of the people use them because they don't require any skill set to win, all you have to do is press a button. And the casinos also make most of their money from slot machines that's why the slot machines are put near the entrance of the casino.
104  Economy / Gambling discussion / Re: Why trading is better than gambling? on: October 07, 2017, 01:51:25 PM
Trading is much better than gambling ad the first reason is that in gambling you are dependent on the house for the outcome of the game and they can be dishonest with the results. The second reason for this is that in gambling you either win or you can go broke and also the return is also high if you take a higher risk, but in trading you can simply study the coin you want to buy and if you buy at the right time then the return that it will provide is pretty amazing. The only better advantage of gambling I like is that just a single game can change your life but in trading you gotta have to get constant profits regularly.
105  Economy / Services / Re: BitMixCoin Signature & Avatar Campaign on: October 03, 2017, 04:38:40 AM
Payments have been sent to those who qualified
Thanks, recieved the payment. You are the best manager and always pay on time.
106  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: why myetherwallet? on: October 02, 2017, 05:13:06 PM
Hi,
I am new to this and have a fundamental question: Why do ICOs ask us to send ETH using myetherwallet?
Why can't I send them directly from kraken.com?
Thanks in advance

They ask you to send ETH using myetherwallet is because they have to send the tokens back to the address from which they recieved the ethers, that's why they say that don't send ether from an exchange and also in case of a conflict or confusion you would not be able to provide enough evidence to support your claim, also don't forget that myetherwallet wallet is one of the best wallet provider for ethereum. And it is always nice to be in control of your funds as the exchanges can be hacked due to a security breach.
107  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: October 02, 2017, 02:48:06 PM
No, I don't place all of my funds in bitcoin, I try to make a balance between my investments, every time I have at least one investment that I can liquidate in case of a rainy day and rest I am saving for future. Mostly I invest my funds in real estate, a portion in stocks of of them majority are blue chip stocks and rest are penny stocks or small cap stocks as they are the ones that can give the most return in pretty less time. And rest I have invested in a few cryptocurrencies like bitcoin, Monero, waves and lisk, in the recent months the performance of lisk haven't been up to the mark.
108  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO VS IPO on: October 02, 2017, 02:03:26 PM
ICO are the concept of crypto currency world and IPO are of the stock market. The main difference between these 2 is that in an ICO anyone can take part and he can contribute any amount of money to the project, but in an IPO only so called accredited investors can take part and I don't admire it much as it causes manipulation by those taking part in the IPO. But these days the projects in cryptocurrency world are also becoming more like IPO, take Jibrel for an example they are having minimum cap per person set at $5k but that's too much for most of the people, I think they should decrease the minimum cap per person.
109  Economy / Economics / Re: Do you use a Bitcoin debit card? on: October 02, 2017, 01:39:44 PM
I thought of using a bitcoin debit card in past but it's fees were staggering high at that time because the debit card was the new trend back then and it's per transaction fees, withdrawal fees and monthly maintainance fees were quiet high, so I left the idea of using debit card and got verified my poloniex account and then started withdrawing from that account to my bank account, this costs me kuch less in fees as compared to the other alternative, i.e. Debit card. But today I got interested again in bitcoin debit cards by reading this topic, so maybe I can think of it once again if the fees would have been reduced now.
110  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: October 02, 2017, 10:43:41 AM
I store my bitcoins in a number of places which I usually visit in the period of a week at least, like I really like to gamble so I have made accounts on various gambling sites. Also I have a fully verified account on poloniex where I usually trade bitcoins for either litecoin or Monero, or other potential game changing coins so I also store my bitcoins there, and for regular spending I have a blockchain wallet setup and for saving for future I have an electrum wallet.
111  Other / Off-topic / Re: What are some disadvantages of BTC? on: October 02, 2017, 10:11:06 AM
One of those many disadvantages of bitcoin and the thing I hate the most is that when you send bitcoin from your wallet to another wallet or vice versa. And the wallet address is wrong, then you can't retrieve your money. The worst service bitcoin can offer for me is that transactions are irreversible. And I think there is no solution for this.
Yes this has happened to me a few times too. It was one time when I was sending the funds from one address to my exchange and accidently sent the funds to the person with whom I had a deal previous day, then I messaged him to tell that I accidently sent him the funds but he didn't came online after that incident. So sometimes the transaction irreversibility is also pain in the ass but this is at least better than the PayPal scams where the other person can scam you pretty easily by fooling the PayPal support team.
112  Economy / Gambling discussion / Re: What did you buy for money won? on: October 02, 2017, 08:57:16 AM
I have won huge amounts only a few times in my life, and the one I am currently having memory of is the one I won on bustabit, it was quiet fun and also tense too. I play with different strategies and at that particular time I was using fibonacci sequence, so I was big in start and suddenly I was in losing streaks of under 2x so I kept on doubling the initial amount and I was draining my bankroll for chasing a single win and then I reached at my last bet possible of 1btc and then I won that game at 3x so that made me 1 btc rich. Then I brought an iPhone and a ps4 with the money won and rest I kept in my savings wallet.
113  Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA and STRATIS ? on: October 02, 2017, 07:58:57 AM
In terms of price, currently IOTA is still on its highs and STRATIS just gone full retracement, check your charts and do your fib retrace. Based on this STRAT right now is more attractive. Personally, I'm leary on IOTA's max supply as it is way to big. If you were to diversify. I'd say add more STRATIS than IOTA. Maybe 70% STRATIS 30% IOTA.
I actually like your idea that at this time buying stratis will be much profitable than buying IOTA as stratis is in a dump and dump are the best time in which there is a lot of money to be made. IOTA in the other hand is overvalued as there is currently no usage of iota in the Real world, it will only be beneficial when everyone is connected to internet if things devicesand also in pump phase so buying it at this time is very risky because the price cannot be kept that high for a long time, but if any major announcement come then the price can become stable at this range.
114  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top 5 Altcoins Under $10 You Need to Buy. on: October 02, 2017, 07:11:06 AM
For coins above 1$ you need lots of capital to buy in.
In my opinion small raises in a coin are more likely to happen than the other way around.
I know, that the math is the same here, so this'll only be my opinion.
But see for yourself.
You invest 500$ in a coin that costs 0,01$.
Calculating...
So you get 50000 coins.
The price goes up to 0,50$
Calculating...
You now have 25000$

Or

You invest 500 in a coin with the price of 5$
Calculating...
You now have 100 coins
The price goes up to 250$
Calculating...
You now have 25000 too.

In the end it's all about instinct.
Now take an example of bitcoin and ethereum, bitcoin is at $4.3k and for it to get at 10x, i.e. To 43k$ is very difficult and seems nearly impossible but if you see the case of 10x increase in value of ethereum it has to go from 300$ to 3k$ which is easy as compared to the case of growth of bitcoin where it must gain $40k. So i always go for the coins which are cheap and have good potential to grow and buy them in bulk and store them, like penny stocks where you can get rich very quickly with just one great decision.
115  Economy / Speculation / Re: 1 millon for a Bitcoin is this fiction or reality? on: October 01, 2017, 06:19:10 PM
People says 1 BTC will be cost 1 Million do you believe in that?
You are estimating a much less price from what I have read in an article, according to you at the price of 1 million dollars for 1 bitcoin the price of 1 satoshi will be 0.1$ but I recently read a news article in which it was written that for the price of 1 satoshi to become 1$ bitcoin price should be $10 million and thus we an aim for that only on case when masses are investing their money in bitcoin only. And i dont think that this is going to happen too soon as right now the early adapters are also not fully confident in holding bitcoin due the spreading FUD.
116  Economy / Gambling discussion / Re: can gambling give you lessons in life? on: October 01, 2017, 06:05:24 PM
Yes, gambling have taught me quiet a few lessons in my life the biggest lesson that it taught me is about money management, it is the first thing I believe that a gambler should learn as if not learnt then he will surely learn it by loosing all of his money a few times, and the same happened to me too but only once. The second thing I learnt by gambling is taking risks and risk management that how to minimize the damage caused if we take a risk and loose by our decision,. The final thing gambling taught me is that luck can last anytime, you can be a bitcoin up and if luck runs out then you can be struck in losing streaks in the next minute.
117  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: October 01, 2017, 05:30:45 PM
I would neither spend the bitcoins nor save them, I would trade them in case of huge market swings. This would be the next strategy for me to increase the amount of bitcoins that I own. Whatever profit I make from trading, I will trade it for cash and will use it for my daily needs. Lending seems also a good way to increase my bitcoin holdings but there are a few risks and disadvantages involved in it, the first problem in it is that I would have to pay a handsome transaction fee for sending to the borrower that will be unaccounted for thus small lending trades would not be possible and in large trades there is a high risk involved which I can't bear.
118  Economy / Economics / Re: Manipulation by exchanges should be more stable on: October 01, 2017, 05:18:36 PM
Zebpay is a bitcoin exchange and a regulated company. If it is a regulated it means that company is paying the government a good amount of tax. The payment of that tax will be shouldered by their clients thru high fees. So it is not the Zebpay it is the government tax that causes the big difference in high rate.
No they are not manipulating the market just for paying taxes to the government and its not the government due to which there is quiet a huge spread between buy and sell prices on the exchange. If it were only for the taxes then the turnover of zebpay would not have been 15 million in dollars in the year 2016, it would have been pretty less. I think that the owners are greedy and are just ripping off their customers, but also the customers don't have much choices as the other Indian exchanges don't offer such high rates of conversion in selling or are somewhat shady that's why they stick to zebpay only.
119  Economy / Trading Discussion / Re: Better investement right now, bitcoins or Altcoins. on: October 01, 2017, 02:24:35 PM
Right now altcoins seems good investment while the bitcoin price is stable and not changing, but there are new winners and loosers daily in the Altcoin market, also there is an easy chance of getting 2x to 20x in Altcoin market in short term, but in bitcoin the price would reach to the same multiple in a few years or maybe it can take a decade or so. The only problem with Altcoin market is that whenever there is a bullish market in bitcoin, at that time the Altcoin market takes a huge dip and become bearish, but at the time of stable bitcoin price, the Altcoin market outperforms bitcoin market.
120  Bitcoin / Bitcoin Discussion / Re: where is the anonimity? on: September 30, 2017, 04:59:19 PM


   I was looking at the blockchain.info site, and I noticed that there is a lot of information that can be found out about transactions. Including IP addresses to and from and everything else. Where does the anonimity come in if their is any?
The IP address you are saying is the relay IP address of the node from which the transaction was broadcasted and is not the IP address of the person who have sent the transaction. And the said location is also of the particular bitcoin node and not the user. Bitcoin is not truly anonymous as the addresses can be linked with each other and also their available balance and from which address it came, so on this fact you can say that bitcoin is not truly anonymous. But there is also a benefit of using bitcoin and this transparency of transactions as anyone can verify the transaction so it is quiet handy in case of trades.
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