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261  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 play&invest, now with .ONION address on: June 15, 2020, 12:47:05 PM
Was searching for an answer and this seems to be the latest update.
Hey just one question, how come you don't have investments in ETH?

I see you can invest btc, ltc and DOGE, but not ETH? Any plan on introducing ETH soon?

Ethan said that ETH investing probably will open soon.
https://bitcointalk.org/index.php?topic=1674772.msg54309523#msg54309523

In investing stats/investor/ETH I find stats about ethereum (same stats available for BTC LTC and Doge). So is this a testing phase before the official launch? And is there an estimated date for that? @ethan_nx, thanks  Smiley

can't wait launch of eth investments it will give good returns
What would be the real trick with the ETH investments which I think others do not have (and not even eth has right now) is the fact that it is trying to move to staking. So let's say you open ETH investment as well, and ETH has created 2.0 and now it is not proof of work but its proof of stake. What does the website do? The logical thing would be to let you stake on the website, they will have it obviously on their storage and they will stake it for you and give you the money minus some fee for doing all the work right?

Well, on top of that you would be also asking them to use that money as bankroll too, if it is bankroll that means money comes in and out all the time, how do you deal with all those changes while also staking? It is really not an easy task to juggle with.
262  Economy / Speculation / Re: For real? on: June 14, 2020, 08:38:54 PM
Yeah, we have talked about this, those numbers are not bull run numbers, those are yeeaaaaars later type of numbers. For example in 2050 we could be 150k, or maybe in 2070 who knows Cheesy. All thanks to one pack of gum becoming 78 bucks or whatever. But at the same time we are talking about this year, we are talking about the next bull run and in the next bull run there is no way we could ever really hope for a 150k run towards higher levels.

Definitely, we could go above 10k, sure we could even reach 15k, hell who knows if we are lucky maybe we could even hit 20k once again, however we are not moving anything even remotely close to 150k, let me make it even clearer, we are not even going to be 50k. There are just some people who make these predictions to get attention and that's it.
263  Economy / Speculation / Re: TA indicates a sharp drop soon on: June 14, 2020, 06:10:50 PM
I would say this is just a quick chart that is for daily and if the drop would have happened it would have happened already. The price point of $9k to $9.5k is very strict and doesn't look like it will be moving anytime soon neither, I believe this is a very good period for bitcoin to break out. Look at the weak resistance as well, there is really no true wall in front of it neither, bitcoin could destroy everything in its path all the way to above $13k before it can face any challenge neither.

However all of these are analysis with regards to what we can see, this is bitcoin world and there are tons of stuff we can't see that is going on as well. That is why I believe we should focus on what could be going on that we can't see before we start discussing what will happen according to what we know.
264  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Binance beat Ethereum on: June 13, 2020, 07:39:26 PM
We will just have to wait and see but I think if there is a chance of any coin to ever beat Ethereum it is definitely binance. It is not XRP because they are scammers who print millions of XRP whenever they want to and sell it on the market and make millions of dollars in profit, keep the company going with that profit, sign deals with people, buy companies with that money and all of it is thanks to them selling it to you without them spending a single cent on it.

It is not BCH or BSV or any other fork, because they are fake and only out there doing it for their own profit and nothing else. The only one is BNB because it can actually be used for something, which gets a bigger options nowadays but let's be honest the biggest thing it is used is trading fees from people.
265  Alternate cryptocurrencies / Altcoin Discussion / Re: Will stablecoins be the future of cryptocurrency? on: June 13, 2020, 06:24:15 PM
Stablecoins do have a future in the cryptocurrency world and as you can see every single day that USDT number is going higher and higher, I remember it being just one billion or maybe even less and now it is above over 9 billion dollars, it was under 6 billion just at the start of 2020 if I am not wrong.

So, I think they are getting a bigger and bigger portion of the pie. However people are here mainly to make money, and you can't make money from buying USDT and holding it, that will always worth 1 dollars and never change. Which means people will buy usdt and it may even be ranked number one eventually, yet nobody will actually consider it number one since the only thing we need USDT for is bitcoin itself, without bitcoin USDT worths zero to us.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbies take my advice on: June 13, 2020, 03:40:39 PM
Also you should never take a loan for the investment purposes as there are high chances even in a safe investment of sinking and then you will be left with a huge debt to pay and most probably you will default on your loan if you have no other source of income.
Yes, getting loan for trading purposes has some meaning at least compared to loan for investments. Because most loans are coming up with interests and when your investment cannot be a limited time bounded, how you will repay the loan? It means that interest will go beyond the profits you may get from the investment.

Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head.
I agree crypto investment is high risky one but there are multiple methods are available to eliminate the risk part of crypto trading. When we are choosing the crypto coins very carefully then we can easily remove the risks of crypto investments. Compared to crypto trading, crypto investment is coming up with less risk. So, newbies should focus on investing only on highly reputed coins like bitcoins and those investments should be with longer duration based plans.
267  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the best features in a mobile crypto wallet? on: June 12, 2020, 07:27:07 PM
I understand that hardware wallets are the best and most secure crypto wallet out there if I am speaking correctly. However, mobile wallets are mostly used due to ease of access, free to use, portability, and some personal reasons. With a bunch of mobile wallets out there, choosing a good one is fast becoming a herculean task. In your opinion, what are the top 3 features one should be looking out for in every multi-currency mobile wallet?
If you’re looking for a multi coin wallet you may like to check out Trust Crypto Wallet, it’s like the best I have ever seen and I like its interface that is simple without much clustering like other wallets would do, just like Coinomi and the other ones; Trust Crypto Wallet is better than them. I don’t make use of it on a steady because before I got to know about it I’m already making use of BitPay and Blockchain on my mobile device and they are all good.

Of course I have seen people that claim they are good, there will always be a complaint in everything. Just use whatever you think is good for you and nothing more. I like Blockchain for the fact that when I’m making transaction I can select what fees I want to pay, whether priority, regular or custom fee.
268  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Store of Value on: June 12, 2020, 06:46:56 PM
Is it really a store of value? Huh The way I see it, it all depends on whether you’re going long term or short term. For a short term I wouldn’t call it a store for value, you’re just investing and trying make some profit from the fluctuating price of BTC. And when I say long term, I mean at least two years. If you check the price of Bitcoin, every year or two, it will appreciate to a level that is more than what it was before.

You’re only going to have some problem if you buy during a bull run when the price is already at its peak. Then you might be waiting for a long time before you recover the loss. Moreover, a store of value asset should remain with least possible fluctuations so that people will not lose their networth over the time; I agree bitcoin is bullish on long term but how it will help short term investors.
269  Bitcoin / Bitcoin Discussion / Re: New Covid wave vs Bitcoin on: June 12, 2020, 06:14:02 PM
So it would seem there is another Coronavirus wave on the way, at least in some countries.

Last time the pandemic struck, we saw Bitcoin price plunging hard.

Will the same thing happen again, can we expect the new lows?
What are your thoughts?
The same thing repeating itself? Lol that’s something that we cannot tell. It’s just like it happened the first time, none of us was able to predict that the price will be falling when the pandemic started. Some people here even said that the pandemic would be good for Bitcoin and they started to make some crazy predictions and how BTC will reach $1 million, but at the end BTC still dropped to a low of $3,800.

So, we are not sure about this second wave of Coronavirus. If it gets down, there are still lots of chances for further slow progress of economy everywhere which cannot be good for anyone but I am sure when stocks are not doing good, gold will perform well then why not bitcoins. The current pandemic will definitely get positive impact for bitcoin ecosystem by bring more investors into board.
270  Economy / Trading Discussion / Re: How do you make a trade or investment decision? on: June 12, 2020, 11:09:24 AM
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
Sometimes I make my decision based on the things that are occurring around the cryptocurrency market/community. It’s just like early February and mid March when the pandemic had serious effect on the crypto. A lot of people were scared that they will lose and some said cryptocurrency is not a good investment at that. But as for me I saw it as an opportunity to buy more coins and store it in my wallet as an investment. I know for sure those that called it a bad asset during those times will be regretting now why they didn’t.

If you are ready to make decisions on news then you should go for technical way like chart pattern recognizition which will definitely guide to take timely decisions including preparing for stop losses. Combining both technical analysis along with news and events will get you more effective decisions for your trading and investments.
271  Economy / Trading Discussion / Re: Those that hate risks! on: June 11, 2020, 03:45:15 PM
^Investment and trading are two different things, if you hate risking you could still buy and sell but just put a bigger period in between them. Think of it this way, there is Person A that has 1000 dollars and he goes in to bitmex and buys long futures with x100 leverage with it, he could be super rich in an hour or lose all of his money in an hour as well, he likes risks and he just goes all-in on his investment.

There is Person B, he has 1000 dollars too, he buys bitcoin and stores it in his hardware account and puts that hardware into his storage at home, sometimes a small hiding spot sometimes a vault whatever your richness is, and just forgets about it like he bought a gold bar and never checks how much it is. Now, these two people both bought 1000 dollar worth of bitcoin but they couldn't be any further apart in ideology.
272  Economy / Economics / Re: Bitcoin vs. Gold: which has been more of a safe-haven asset in 2020? on: June 09, 2020, 09:16:16 PM
In 2020 we could just take a look at the year to date prices and see which one is doing better. Gold has around 10% to 12% increase from the start of the year and bitcoin had around 34% or so increase year to date. Which means bitcoin was 3 times as more profitable compared to gold and that could be the answer of this. Do not get me wrong I am not claiming bitcoin is better than gold nor claim anything other than just bitcoin having 34% profit while gold having 11% this year.

The question says 2020 and this is so far in 2020 and that's it. So, statistics and data proves that if you were a bitcoin holder, you made more profits than someone who had gold at the start of the year. I say that is a pretty good reason why talks about gold versus bitcoin should stop already.
273  Economy / Economics / Re: How can the corona virus end Faster and economy reopen on: June 09, 2020, 08:43:10 PM
Corona virus once there is treatment or a vaccine for it. If not, then countries have to put strict regulations forward in order to ensure that the precautionary measures set by WHO be adhered to. With this, the daily recorded cases will subside. Companies and travel can then resume to boost the economy.
Yes, The quickest way I can think of right now would be to just get as many precautions as you can and just let people do whatever you want. Will this cause a lot of people to die? Sure it will, and most of them will be upsetting because it will be people who have no other choice but to go outside. I heard some noble prize winner cum economic analyst said that if the total world stops working for 14 days that will script the end of covid19 more easily.

However when you allow people to get sick or die, you are also dropping the amount of people who could get it as well. That is literally what governments are trying to achieve unfortunately, one more dead means one less covid case, that is how they see it Sad
274  Economy / Economics / Re: If Recession Kicks In, How Will Bitcoin Perform? on: June 09, 2020, 07:57:34 PM
I guess I am just being curious here. Bitcoin was born after the 2008 recession in which many Bitcoin loyalists have argued that Bitcoin was born to cushion the effect of a possible future recession. What are your prediction and analysis concerning the digital asset if for any reason we witness just another deep recession in 2020? Will Bitcoin go down with the global market?
If a recession kicks in, Bitcoin might be affected and the price might reduce to a low. Some people are already saying that since after the last Halving which took place in May, the cost for mining has increased and that might be making Bitcoin vulnerable to a deep correction. Imagine when there is a recession and some miners don't have money to keep up with the mining process due to the recession, they might actually and that will affect the price of Bitcoin.

There are already some that are dropping or dropped out. Though one thing I always believe is that if Bitcoin falls, it will always go buying dips as long as I have some money left after covering my life's expenses. Keep buying at dips is the strong strategy I do follow for years and I am profitable with that.
275  Economy / Economics / Re: Is it possible to live without banks? on: June 09, 2020, 06:37:54 PM
It's definitely possible to live without banks if there were widely accepted, agreed-upon methods of exchanging value.
Yes, it is possible to live without banks, but that wouldn't be the case for everybody. It might work for some but wouldn't work for others. It all goes down to what you're into, if you're just someone that's doing a local business that you're running by yourself and you know that people are paying with cash, then you can decide to stay without bank and accept cash and store at home, which might be risky for you because anything happen.

Depending on your business you can decide to be accepting cryptocurrency as payment too, if your customers are willing to pay with it, and you decide what to do with the coins you get. But one thing for sure is that you will run into some difficulties when it comes to selling those coins.
276  Economy / Gambling discussion / Re: Biggest BTC Lotteries? on: June 09, 2020, 06:00:29 PM
I hate lotteries because I do get free tickets for lotteries in freebitco.in but I never got chances to win anything. Instead of spending on something which is purely based on luck factor, I will simply go with watching some thriller movies to spend my times entertaining. I know lotteries are not for playing but to make profits but when there is only 0.001% chances for achieving what we need then why should we try it? It would be much better to stay away from lotteries.

Even OP has the experience of already winning a lotteries, I like to suggest them not to go for lotteries again and again as their luck may not favor them again for their entire rest of life. But, if they keep trying then they might need to spend more than what they got the prize money.
277  Economy / Gambling discussion / Re: US Presidential Election 2020 on: June 09, 2020, 09:16:22 AM
The big difference between pollsters and bookies is that bookies are talking from money perspective, who people would put money into for a bet, I would say they would do it even bigger for Hillary back in 2016 (didn't check odds back those days) because it was looked much better, risking your money and who you are voting are different, you may like Trump but think Biden will win and bet on Biden but vote for Trump. That is why you could see some differences between those two results.

Polls are naturally not trustworthy because you ask at most 10-20 thousand people (usually a lot less) and hope to guess what 120+ million would vote.
278  Economy / Gambling discussion / Re: A day to celebrate and pay tribute to casinos? on: June 09, 2020, 07:48:55 AM
I think there should be a day to celebrate and pay thanks to casinos who give us so much benefits and in return they handle so much criticism and society's curses, peoples cursed etc. But all they do is provide us thrill, entertainment, sometimes profit too. And they make money like any other business should. But we become angry on them as if they forced us to play. Nothing feels worse to me than to see an honest business getting cursed. Hope we can give them some empathy when they care much about us!
Subjective.
All the casinos are not same.
All casino owners are not running only for profit motto.
They are just running business so it is individual gambler's responsibility not get ruined their life by gambling.

When they are real businessman and when they are running a casino for their benefits then I guess there should be no need of celebrating them for providing us all the thrills and excitements of gambling. It is just a business. We pay and they reward. That's all.

If a gambling house is forcing us to continue our gambling or working in a manner which leads to severe gambling addictions then those gambling owners should be punished legally and just curing them will not be enough. But, again it is individual gambler's responsibility to stay safer among gambling.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto regulations still have a chance? on: June 09, 2020, 06:47:28 AM
Many people belief that the only solution crypto space needed is regulations, what will this solve? The biggest crypto problem is scammers, how can regulations cure this disease? Because regulations can only work on centralized exchanges and projects, what do you think? Drop your thoughts and let's hear you out?
Government regulation on cryptocurrencies may give benefits in short-term but in long-term we can expect lots of other big problems just because of government's interference. A decentralized system should remain the decentralized on all the times so that we can avoid all possible problems. Getting rid of scammers does not need to be regulated because there are other possible solutions are available for filtering scammers and to stay safer with crypto related activities.

When people are taking action against scammers like avoiding them by doing enough due diligence before investing then scammers make quit from crypto space. Yes, this kind of things will be possible over the time until then we must need to get practice to stay safer around scammers.
280  Alternate cryptocurrencies / Altcoin Discussion / Re: Ninety nine percent of new projects are money grabbers on: June 08, 2020, 05:32:32 PM
The solution is not investing in unknown projects managed by unknown developers, save your money and only invest in coins that have proven their worth in the market, the market is not new coin friendly anymore we are moving in a new direction where developers cannot scam people easily, by just creating a new coin.
I understand that you have added a "not" by mistake. When we ignore weak projects by set of pre-determined rules then I guess scam devs will not find room to enjoy their stay into this markets. Once we start ignoring, we must focus on only bitcoins or along with bitcoins as a primary investment opportunity, we may also invest with few other highly reputed altcoins. This will definitely lead to scammers get suffered.

Probably it is too late to spread awareness on how to ignore unknown projects. Because, this crypto space is not getting regular investors like how it was doing some 2 years back. ICO scams made lots of investors to look for some other opportunities. But, when we start having a clean environment here then we can be sure about more investors to arrive here to get reputed coins to moon.
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