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601  Economy / Gambling discussion / Re: gambling in the crypto market on: July 25, 2018, 09:39:12 AM
"Winning" is not the right approach in gambling at all. If you are betting to make money thats bad, winning is a lot more important in a sense that not in money but just getting more greens than reds. Thats why I either play with %50 or higher chance of winning on dice. I rather see myself win 100 times before losing once and still not be profiting because of the odds. Thats what you should focus on instead of making money. Same goes with crypto trading as well.
602  Economy / Economics / Re: How much money are in the World? on: July 25, 2018, 08:34:59 AM
Around 75 trillion dollars. Which is really small if you consider that the crypto space that started out 10 years ago already has 277 billion dollars market cap with a bear market. I mean we can reach to 1 trillion with one decent bull run.

This is ALL MONEY IN THE WORLD we are talking about and its only 75 trillion. Of course if you take stuff like stock markets and so forth that is "money" but is actually not spendable that number goes really high but all cash money in the world is less than what I imagined it would be.
603  Economy / Economics / Re: Why the price of bitcoin rapidly going down on: July 24, 2018, 10:19:04 AM
There can be many reasons for that, you can never know for sure what causes bitcoin price to go down or up, we can only assume some facts and events that take place, and tried to tied them with the price movements.
That is right but the value is not going down right now because if you look at the values in the market, we have had rise in the price since the advent of July. This might happen to continue in future as well and as we step from July to august.

Stability is the most desired aspect the investors quest for and the sign of stability is actually the signal to further investment which might bring further price appreciation.
604  Economy / Economics / Re: Factors that affects the value of bitcoin... on: July 24, 2018, 09:48:19 AM
The first factor that affects the value of bitcoin is the Animal spirits. Economists have long had a notion that psychological factors affect investor decisions. This is called “animal spirits” and refers to investors making decisions based on the behaviour of other market participants and their own intuitions, rather than hard analysis.Analysis of the price of Bitcoin shows that positive media coverage is one of the main factors driving the price. Then the Political risk around national currencies can also affect the price of Bitcoin as people use it to hedge against price movements in a particular currency, or they need to quickly move large amounts of value out a country or currency. Next is the Regulatory moves , Regulators around the world have had to catch up to the rise of Bitcoin. They must decide, for instance, how it will be treated by the tax system, or whether and what regulation applies to its use. Finally is the Bitcoin’s governance,although Bitcoin is a decentralised currency, some decisions about how it will work or evolve need to be made from time to time. These also have an impact on the price.The software used to verify Bitcoin transactions is created by developers and is run by miners (the global network people who verify Bitcoin transactions).
Bitcoin’s price alters with buying rate of people as well as selling rate of people which is called demand rate. Increase and decrease in demand rate has direct affect on the price as we know about the current market where the demand rate sometimes increases and sometimes decreases but with little fluctuations which is the result of our actions as we sell directly after observing any little increase in price.
605  Economy / Gambling discussion / Re: Download Free bitcoin Scripts for Gambling Sites on: July 24, 2018, 09:18:54 AM
If you are going to start a new gambling site with the scripts and I must add FREE scripts you find online, be very careful. Casino business is not something to be taken lightly and if you feel like you want a shot at this and only have budget to use free scripts you are putting yourself and your customers money at risk trusting people. It could be legit, it may not be legit, you will never know for sure.
606  Economy / Gambling discussion / Re: What do you feel when win in gambling? on: July 24, 2018, 08:02:19 AM
It is estatic if I ever win a huge pot or something but if I am gambling like I always do at %50 chance on dice than it means I win almost every other hand. Hence it is not that much a thing to be happy about. However when I bet on sportsbetting websites and I do parlay (to make couple of games stick together instead of individually) and win, that makes me super happy not just because I won money but also because I knew what I was doing while betting.
607  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: July 23, 2018, 08:31:18 AM
There is no better time to invest than now,  the bullish run is just by the corner. More so, there are lot of alt coins that would give good returns when the bull market eventually returns
Exactly and it does not matter how much you invest in Bitcoin. You will get the same amount of profit is a single coin as compared to a man having hundred coins. Bitcoin has this great feature that it allows you to invest any amount and enables you to earn good in the market.

Besides, one can buy even a fraction of Bitcoin as well. The profit depends on the number of Bitcoin. So if you are interested to invest, better go for it right now for we might have a prosperous future in Bitcoin.
608  Economy / Trading Discussion / Re: Daily trading or Holding Cryptocurrency for long time on: July 23, 2018, 07:57:26 AM
if you have a chance to trade a good coin in the market and earn some of it thru trading also, then it is better to do it while you will hold some of your earnings in trading but when the market is red it is better to hold.
Well I think if you are a good market observer, you would not trade day because the market is not very much good and the trading can never be perfect so the chances of earning money is not normally good in the down market.

However since we have a slow rise in the values of Bitcoin, we might be moving towards the economic perfection soon and this is the time you should hold your portfolio because selling or trading right now might not earn you as much as you might if you trade in boom.
609  Economy / Gambling discussion / Re: Sportsbetting on: July 23, 2018, 07:27:51 AM
Frankly, sportsbetting is hard. We can do analysis on a game whether a team will win or not but the bookie for sure has the more experienced people behind it to make the odds is a bit harder for us to pick.
Bookies always have an advantage thats why they are making the plays. Again many matches are fixed like anything and you cant win those matches simply by taking into account the past game analysis and prediction.

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As I see in my real life, there are many people lose their money in sportsbetting just like in any other type of gambling.
It is just another game of chance. Nobody said that gambling on sports is not going to be the same as the dice with 50-50 chance. It is EV+ surely but there is always the risk of loss.
Sports betting are widely used throughout the world. Most of the gamblers bet on different games even in streets and the bet price is very small because most of the betters are not professionals. Two people bet on a match and one wins at the end and that’s all. This thing has increased the level of sports betting which is not good for new generations.
Either it is cricket or football, there are bookies who are continuously gambling and betting over them. They have made it source of income for them, black money that is illegal to do. But still, since long and long times, we are hearing such stories and recently a Pakistani cricketer have allegedly criminate someone and things are getting under inquiry now. May this gets fine and solved?
610  Economy / Gambling discussion / Re: What currencies do you gamble with? on: July 23, 2018, 06:57:36 AM
Most of the time i only play with faucets but i also tried using bitcoin. I only got 2 kinds of coins in my wallet and i only preferred bitcoin since most of the gambling sites that i’ve visited was only allowed bitcoins to bet on the games and majority of my holdings are bitcoin also.

The majority of the gamblers are using bitcoin as the cryptocurrency whenever they play gambling, the reason ia that they could make more profits using Bitcoin because it have a very huge price compare to the other altcoins. Also because Bitcoin is the main money in the gamblig sites in the cryptocurrency world.
You are right mate, most people using bitcoin currency in gambling and I must prefer too in using bitcoin when I gambled.
That was people mostly have bitcoin because it is the fastest way to have or purchase or even here in the forum we mostly have bitcoin in joining the signature campaign as a reward.
Bookiepro also is using bitcoin in world cup betting, the major use in gambling and betting is bitcoin no doubt.
I usually gamble with regular money because I think that cryptocurrency is not for gambling. Cryptocurrency is only for gaining more and more money and if you gamble with cryptocurrency you will lose your income source in gambling and money as well. I like traditional gambling and for that I use only regular money and only extra money.
This is my point. Right at target, bitcoin isn’t for gambling. Why to waste such useful thing and resource on this harmful game. And the most interesting thing about gambling is, you already know there are big chances and full chances for you to lose this time as well, but still you are such greedy now that you aren’t seeing the circumstances and consequent of this loss for your life.
611  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: July 21, 2018, 08:12:36 AM
Nearly one billion dollars has entered bitcoin today according to cryptonic news item.This week has seen btc doing very well and all are excited.I know most people have individual plans for a moment like this,let's hear yours.
Are you just saying this because of the price that went from $6,400 to about $7,400? That’s no reason for you to start jumping up and down, cause the price can fall I at anytime. We don’t know yet when is the next bull run, I’m sure it will come but I’m not sure when it will be.

I’m thinking maybe by the end of they year just like it did last year🤔. Price went up to $7,400, dropped to $7.3 yesterday and has gotten to $7.4 again. Let’s just hope that it continues.
612  Economy / Marketplace / Re: Encouraging People to Stay on: July 21, 2018, 07:42:15 AM
Bitcoin is stable for months, what to do?.These are the questions roaming on every topic on this forum so im  helping you decide whether you want to sell it or buy something. Well, im promoting buying so here's why.

You probably have some coins bought when the price is still high, and you want to sell it because you are afraid that it may go deeper and you lose more. These is called the panic sellers which triggers When the value of the coins they are trading or holding pump down. What will happen? You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.

But what if, instead of declaring you lose, you hold your coins until it goes back because we both know that this drop is just temporary and when the value get tired of being low, it will soar high again. Its a winwin situation for us financially and emotionally. Yes , it is depressing until it still low but we know we are not lose until we sell it. More money, lesser stress.

We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.
Well, whenever the price goes up you will still have to sell it, cause you’re not leaving your money in Bitcoin forever. Your main purpose for investing in Bitcoin is to invest and make profit, apart from that I don’t see any other reason why you will be investing in Bitcoin unless you plan to use it as a way of sending and receiving money. But it is always good to have patience though and withdraw at the right time.
613  Economy / Speculation / Re: Opportunity to Invest in Bitcoin !!! on: July 19, 2018, 09:46:39 AM
When opportunity knocks on you catch the price to invest. Make sure invest on what we can afford only. In bitcoin we do not know yet if the price may dipper since it is volatile. But once it is lower rate invest on what we can.
Fair enough and since the number of Bitcoin that can be owned is fixed and we have only a total of 21million Bitcoin, we can expect the prices to rise high in future.

Having said that, it is the right time to enter the technology and invest in Bitcoin because no matter how high the price is today, the market price will surely be high in future because of the limited supply and huge demand so you have incentive to invest anytime you want and now is the best time to invest.
614  Economy / Trading Discussion / Re: Have we hit the bottom? I think so. on: July 19, 2018, 08:19:22 AM
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If you look at the way the market is going I think we have already hit the bottom price. The price of Bitcoin has been stable through out this month. Even this year has not been able to go above the $10k mark.

So anyone that invests their money now is investing at the right time, cause I’m sure that the price wouldn’t go below the $6k, any move it takes from this mark will be to go upwards. I hope it gets to $15k before the end of this year, at least.
615  Economy / Trading Discussion / Re: Stop dreaming about the perfect trade on: July 19, 2018, 07:44:33 AM
Many traders are obsessed with the perfect trade, perfect technical indicators. Trading is the field of non-existent "perfect" words. You can have a very detailed plan, but finally be surprised by a crazy market situation, like a cold water droplets in the face.

Instead of trying to reach the perfect trade, change yourself to the market. Average predicted of you about market, average with another trader ( why not? ). You should accept fewer profit but you will lose less. You should sell sooner and buy later than your prediction. follow the market, because the market will not follow you.
Lolzzzz what is perfect trade? Some people seems to misunderstood everything about trading. Perfect trading doesn’t mean that you will never lose money. Perfect trading is when your profit made is greater than loss, it is a technique that will help you recover most of your loss and make bigger profit, but it doesn’t mean that you will never lose, nope there are times you lose. When it comes to trading, it is normal that you will always win and lose, you just have to make sure that you make more winnings
616  Economy / Speculation / Re: Bitcoin expectation end of 2018 on: July 19, 2018, 07:05:31 AM
A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018  A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
Man I don’t really believe this story, you must be joking. How can someone be betting a million dollar just because of something they are not even sure of. But if you’re telling the truth, then whoever did that must be very crazy.

How can you be betting on what you’re not sure, and even bet up to a million dollar in it. We not even sure yet how this year is going to end up, the price has been stuck between the rate of six and ten thousand. And you know that anything can happen, price can even drop down to $2000.
617  Economy / Economics / Re: Wise thing to do with your savings. on: July 18, 2018, 08:25:19 AM
The wise thing  to do with your savings ,if you have this money, make it into half , the first one half of your savings keep it in bank for future use, and the other half engage it with investments like bitcoin or crypto investments , because it is altready proven by everyone who join this investment that their financial status are getter better through this bitcion investment, if it goes well then you can invest you other half in the bank for add investment to bitcoin.
Saved money is enough to buy something which is using commonly but we can think productively too which is a better choice if we want to do something with which we may make some money.

In this modern technological world the best and easy way to make some money is to enter into the crypto market. Bitcoin and other coins are best for investment but the only thing which leads you towards success is your knowledge about your source.
618  Economy / Economics / Re: bitcoin in developing countries on: July 18, 2018, 07:52:59 AM
i saw in the news it's time to develope our country by using the bitcoin. i came in my mind why government and banks banned bitcoin so i cannot understand why people banned it. they know the truth of bitcoin i think they scared to have not income people will change the bank account by using there gadgets.

yes that is the reason why banks and governments are scared of cryptos becauase they think people will become obsesed with it and people will maybe stop using the fiat which can lead for thier business to become less demand .  but they shouldnt have ban cryptos in the first place because cryptos are indeed verry helpful and can really make  a country to become more succesful .

though there were already succesful countries just before bitcoin and other cryptos came out . they are succesful because they have a great leaders and i dont think cryptos cant possibly help a country if it has a poor leader .
How the Bitcoin is created a d what is the procedure and from which source it is coming, are all the questions Zimbabwean government is asking after getting these answers they will think to recognize the Bitcoin and will need a proper system to run it in country.

Many other countries are also in negotiations with countries where there is a proper system for the Bitcoin so that they also adopt that system to make future source for making economies better.
619  Economy / Speculation / Re: When to buy more? wait till 6000 or 5500? on: July 18, 2018, 07:24:28 AM
to buy more you can buy when the price is $ 5500 and I suggest you to open a buy order at that price because I'm sure there will be more waves when the bitcoin price will fall again, just wait for it to happen.
It will profit more if we start buying in lowest price as the Bitcoin was available on its lowest rate few days ago in this year so that was the perfect time to buy a lot of Bitcoins because that would charge you less. Now those who have bought the Bitcoins with a good collection are in benefit and profit as the current market price rose up from that lowest price which is the point for getting profit if they sell right now.
620  Economy / Speculation / Re: How Bitcoin will end 2018 ? on: July 18, 2018, 06:54:18 AM
For Philip Nunn's prediction to come true, BTC must start an amazing bull run in July by gaining 50% up in value each month till the end of the year. That is probably not going to happen but we could see a price in the 10.000$ range.
By the end of this year I think that the Bitcoin would have achieved the highest possible place as it is improving with the passage of time averagely.

Furthermore experts say that in the next 8 months the Bitcoin will have crossed 30k dollar price and this also explains that it is going to break its previous highest record. It will be very interesting if we make a better collection of coins now which will payoff accordingly in high market.
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