Bitcoin Forum
May 06, 2024, 03:36:44 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 [50] 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 ... 269 »
981  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Adopt New coins ? on: August 02, 2019, 10:56:01 AM
Most people don't realize that Bitcoin is #1. Why aren't they aware? because they don't have bitcoin from the start, they only focus on coins that they think are quite good from bitcoin but see if the coins they think will be there if bitcoin isn't the first.

Bitcoin is 10 years old and new coins have emerged for the past 10 years. But look, is there a coin that is integrated with bitcoin, even though the coin is considered better than bitcoin. Well the answer is no, because bitcoin will remain the first and the nature of each coin is unique
982  Economy / Gambling discussion / Re: Is bitcoin gambling really accepted in China ? on: August 02, 2019, 07:47:30 AM
As far as I know China not allow online gambling although I don't have source news. Since bitcoin isn't traceable if don't know who own the address perhaps China people's would use VPN. And I believe most of legit crypto-currency gambling doesn't ask for KYC. So China player can get benefits of it.

I don't think gambling is totally banned in China. Lottery especially, is kind of legal in parts of the country https://en.m.wikipedia.org/wiki/Gambling_in_China
Lottery is still gambling I guess.
Maybe gambling is tightly controlled over there or something.

Maybe China has not banned gambling, but bitcoin gambling is something new, and the gambling itself connected to the internet, so perhaps there is a regulated or something like that. But even if bitcoin gambling is banned in China, I guess people will use VPN to visit on the gambling website, and they can play gambling. Besides that, I think people in China will search the gambling website, which doesn't ask for KYC to prevent the government from investigating their account.

China has actually officially banned gambling for its citizens and anyone involved in gambling will deal with the law. For the lottery itself, it may still be legalized because the Chinese government does not consider lotteries as a form of gambling such as mahjong, poker, etc. Well this is a different perspective about the lottery between us and the Chinese government.

But the Chinese government still prohibits all gambling activities, especially online gambling such as poker, casinos etc. For more details, please refer to some laws on gambling in China: http://www.china.org.cn/china/LegislationsForm2001-2010/2011-02/11/content_21899017.htm

From what I read China legalizes gambling, sports betting and similar casinos but with the condition that it is not online gambling and poker,
983  Economy / Economics / Re: What is the current tax status of crypto-currency in the USA? on: August 02, 2019, 05:43:20 AM
The main thing is that the tax inspectorate does not have any evidence that you actually own a cryptocurrency or have income from a cryptocurrency market.  Otherwise, no conversations will help and you will have to answer for unrecorded income.

Maybe they don't have that proof if you don't trade it in exchange. Just look at the Binance US exchange that is used exclusively for US citizens because Binance cannot combine global and US users, because the US has strict regulations on exchanges.

Well not only at binance but bittrex, KuCoin and other exchanges must have the same rules for US citizens. Where they have to do the KYC to report their taxes, not only that, many platforms do not accept US citizens because US regulations are quite strict with the crypto platform.
984  Economy / Trading Discussion / Re: My trading diary - How I made money from the USDT hearing on: August 02, 2019, 04:39:36 AM
Op seems like traditional stock investor that is why he/she go for low percentage of profits in crypto currency as well but something looks like guaranteed.

But if you ask me I wouldn't do this for only 17% of return per annum since we can make that profits if we do the trading with volatile coins in couple of days but risky though.

Yeah right, the OP strategy that was shared was good and safe enough, but only a few returns were obtained, such a strategy is only for people who have more than $10,000 capital to get a high profit from the 17% return.

I also agree with you, if we do not have such a large capital, it is better to trade with what is capable in high or medium volatile markets. Of course it must be with careful analysis.
985  Economy / Gambling discussion / Re: What are the best gambling games originally from Asia? on: August 02, 2019, 01:37:54 AM
Perhaps the most famous are only keno and mahjong, because most of the players are in China. Well, even though the Chinese government has strictly forbidden its people to gamble, they have various ways to avoid the government's rules.

Btw, my country is also one of the Asian countries, well here the famous gambling game is Cockfighting and for online gambling it might be poker. It is undeniable that we have been in era 4.0, where gambling has been considered a business by people, especially online gambling.
986  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BITCOIN run out in 2140? on: August 01, 2019, 02:30:16 PM
I forgot the article that says about this.
but I remember that, reportedly Satoshi Nakamoto intentionally created a limited amount of bitcoin inventory. This is done to prevent inflation. From long-term predictions, BITCOIN has at least until the year 2140, all of which can be mined. If the number of Bitcoin continues to decrease, the price can soar in the future. how do you think about this, is it true that BITCOIN will run out in 2140?

I do not know this clearly about this issue because this news is confusing without clarity and there are various arguments that differ. But recently I read about the rest of the bitcoin blocks that can be mined at https://en.bitcoin.it/wiki/Controlled_supply.

Some say bitcoin can be mined for 136 years until the supply of bitcoin runs out and that means 2140, if we calculate it mathematically it will produce the answer above. Now per block of bitcoin is worth 12.5, which means that when hardfork in 2020 will be 6.25 and you can count onwards until the supply runs out.
987  Economy / Economics / Re: Advice on how best to protect your capital on: August 01, 2019, 01:51:50 PM
A pretty good suggestion for a beginner, despite all the scams that occurred last year, I think this year will be a good year for investors. But keep in mind that scammers will always find ways to scamming us.

Very well said advice. The biggest and best advice is about being diligent, and also being cautious about any new investments. We've seen how scammy and shady things could get a year or 2 back when the scene was littered with scam ICO projects. If you are unable to research these projects effectively and are still unsure about new investments into these projects, just say no. You should be going into investments with not a single ounce of doubt, and if you can't do that, I'd recommend you to avoid investing in that industry or investing altogether.

The best portfolio is one that is diverse. Not just in crypto, one should also have traditional investments outside of crypto so it covers all of their bases.

Most of them are doubtful but due to something like being supported by a well-known vendor or whatever, they have changed their minds. I strongly agree with you, not to invest if there are still doubts, even if it's a little, it's better to invest with confidence. The problem is that not everyone is able to be patient waiting for a good project, they prefer to invest quickly and profit quickly but ultimately sad.
988  Economy / Gambling discussion / Re: Which is better Government run Lottery or private run Lottery on: August 01, 2019, 01:19:51 PM
None. Both Government run lottery or private lottery will be filled with corruptions in one way or the other. That is the huge problem of centralization. Single authority means giving power to a single person who can manipulate anything according to his own will. That is why decentralized lottery would be the best thing. Everything will be publicly available and the lotteries will also be fair. No corruption or manipulations!
I'm assuming that we are living in the same countries because we see the same with the governments.

I'm not against our government but even government-run lotteries can be filled with corruptions too unless they will be transparent enough and share every information to the public then maybe. A private-run lottery is surely filled with corruptions. Decentralized lotteries with the power of blockchain is I think the best way to prevent corruptions in lotteries.

Well right, when government-run lotteries are corrupt, it is certain that privately managed lotteries will have far more corruption. Transparency is very precise with problems like this, but I think the lottery manager will not provide information to the public.

Lottery Blockchain can indeed be a solution here, I support this kind of lottery where everyone can transparently the lottery results without corruption and everything is stored without manipulation in the blockchain. The problem is that there are still a few who accept it, but for those who don't want to be victims of corruption, they will definitely choose this.
989  Economy / Trading Discussion / Re: Bitcoin Year to year price levels chart on: August 01, 2019, 11:43:17 AM
Btw according to this chart, 2017 and 2019 year seems pretty similar and logically it may follow those steps, seems really very close to 2017 year's price movements. So since bitcoin went from 600$ to 20K in 2017 year, which is roughly 33x rise, then remember 2019's lowest price - it was 3K, so if we follow steps of 2017, we will get 100K price by the end of 2019 year or in the begining of 2020 year. But I amn't so optimistic at the moment. I think we will be in stuck for a while.

In my opinion, that 2017 bullrun was only caused by hype where many people didnt even know about bitcoin and cryptocurrencies before the hype. And after that in 2018 bear market, many people have learned their lessons from looking at cryptomarket as a place to get quick money.

So, i think most of people already know about bitcoin / cryptocurrency and because of that, the hype that happened in the end of 2017 before will be more difficult to happen again.
And now bitcoin will be more likely to have stable growth.

I think 2017 is not the last year for the hype because there are still millions of people who don't know cryptocurrency at all. There is still plenty of time for crypto to continue to grow, and even though everyone knows about bitcoin I don't think that will reduce its value. Surely the price will be higher than now in the next few years.

And more crypto will be present which is certainly better than crypto now. Seeing the many developments in the blockchain proves that blockchain and crypto will become new digital futures.
990  Economy / Gambling discussion / Re: Poker Career on: August 01, 2019, 10:58:05 AM
I don't really want you to be negative in life but I guess being a professional at poker isn't an easy thing in my opinion, And there is no easy way in getting to the top, Even if you had the skill and determination in you there are plenty of a lot of poker player that is very professional in the field so that will be very difficult in my opinion, And even if you have a very great skill in poker I don't think that this is a normal career and I think it is actually easy getting a fine job that would let you get profit to secure a great business, but you can sure pursue being a poker player but I guess just in moderation and don't make it a career.
You said you do not want to be negative but yet you are already sounding negative with the comment you gave, There’s no dream that is too big to achieve and the fact that there are already existing players does not stop new professionals from emerging. The sky is wide enough for everyone to fly and anyone can become whatever they desire to be. They might only need to have a teachable heart and be ready to learn.

My only advice for the OP is not to quit he’s job. If he is determined to be a PRO then he can mix it with he’s job, just that he would have to make a huge time sacrifice for this. But I believe in the end, it will be worth it.

Well, bro. Sometimes a person cannot equate what he cannot achieve with the abilities of others. Maybe he can't reach it and thinks the OP is only dreaming, but here disagrees with him because the ability and luck for everyone is different.

It could be that the OP really did become a Pro poker player. Because this is a personal experience for me, where the effort will not betray the results.
991  Economy / Trading Discussion / Re: Trading competitions on: August 01, 2019, 10:35:17 AM
So far I have never participated in a trade competition anywhere, but I really like watching live trading competitions, it's very exciting. Where the competition was only attended by the popes, only if I had a lot of money, I would certainly take part in the competition.
992  Economy / Gambling discussion / Re: Thoughts on Video game gambling addiction? on: August 01, 2019, 09:58:18 AM
I myself started in playing video games when I was young. I am fascinated with graphics and happy when I hit the highest score and get the reward. as I grow up, games evolve and curiosity with new games that pays high reward is getting into me then I got introduced to online gambling. I do'nt say that there is no turning back for those who are hooked on online games. There is, its just a matter of discipline.
Since we are already facing new technologies nowadays, it can be observed that even young ones are already hooked to this. The most popular right now is Mobile Legend. But having connected this to real gambling casinos, i dont agree that all video gamers are also gamblers too. After all, it all matters from self-discipline.

Indeed we cannot say that all video games are gambling. Video games are actually created not for gambling purposes but as games / entertainment. Because now the digital era, all gambling has also become modern and gambling has entered the video game. Now this is what we should limit, because we know that children are now accustomed to video games, and gambling is not allowed to children.
993  Economy / Gambling / Re: 🐺WOLF.BET - Provably fair dice game 🎲 Free faucet🚰 7-day streak bonus 🔥 on: July 31, 2019, 02:49:33 PM
Wolf.bet has a "Max" button in UI, but why it doesn't have minimum button?

After a streak of losses, I click MAX, wishing to win maximum, because I expect next roll to be victorious. But after a huge win, I usually decrease my bet. I had to click numerous times to get the bet amount to be low, instead of just clicking one button.

Maybe Wolf should add "MIN" that button?

well, I agree with you, Wolfbet doesn't add the MIN button, maybe it's one of their strategies so gamblers bet on all their money Cheesy. But for the design and others I like it very much and it's very minimalist.
994  Economy / Economics / Re: Can Libra Disrupt The Financial/Economic System? on: July 31, 2019, 11:13:26 AM
~snip

But I am wondering...is Libra really that potent that it can disrupt the currency financial system or are these people just imagining things which will never happen anyway? Are we ascribing power and influence on Mark Zuckerberg that can turn out to be a dud later?

I think Libra is really strong against the global economy, if seen from the US government's criticism of this coin. If Libra can pass all regulatory challenges to become a new currency then I have no doubt that Libra is capable of having a huge global economic impact.

Even in my opinion, the US is more afraid of this Libra Currency than decentralized currencies because as we know that Facebook has a very large dominance in economic aspects, well this is the reason. Not only that, the US finance minister also mentioned Libra as a national threat.
995  Economy / Trading Discussion / Re: Can anyone tell regarding this Trading Chart? on: July 31, 2019, 10:01:30 AM
From the EMA line you created, it shows both EMA lines cross on the previous 4 candles which means around 7 hours ago if you used tf 2h. So I think it will continue to go down now and see if the current candle shows a doji or not, if it is formed a doji there will be a reversal. But I just saw a chart at ORS/BTC OKEx, it shows a sideways trend, so please wait until a breakout occurs.



According to the chart based on my review, the volume was ranging from 0.856BTC and the number of seller is much ahead rather than buyers, so it will continue to go down its price. Therefore, better for you to sell it now then find the other coins that listed on top in the market mate before its too late.

I think you misinformed, the OP asked about Origin Sport (ORS) and then you informed the ORS Group volume info. Based on the CMC ORS Group has a volume of about you mentioned (0.87BTC now) but the ORS Sport asked by the OP has a volume of 1,534BTC now. Well I don't think you are careful.
ORS Sport: https://coinmarketcap.com/currencies/origin-sport/
ORS Group: https://coinmarketcap.com/currencies/ors-group/
996  Economy / Speculation / Re: Bitcoin Bull Run ‘Hasn’t Started’ on: July 31, 2019, 07:59:13 AM
People think differently, some says it started already, some says we are still in the bear market.
At the end of the day, we have to decide on our own and believe what we think is happening with the market.

Personally, I think the market is bullish but bull run hasn't started yet, why? because we are still stuck below $10,000 and price didn't continues its run.

Actually we are on a bullish market and it has started since bitcoin has increased significantly last month. It's just that the bitcoin situation is now in a period of correction, well because we know the market will not always move upward, there are times when the condition will be saturated as it is now. Now let's wait for the next market move, I still think it will go up again because the red market has gone.
997  Bitcoin / Bitcoin Discussion / Re: How to Identify Cryptocurrency Scams on: July 31, 2019, 06:57:55 AM
It is not easy to identify cryptocurrency scams, and I think no one will know if finally, one program or project will scam the people. We cannot detect them until they reach some phase, and they open their identity by running away from their responsibilities. When we see that, then they are scam people, and we cannot do anything because they are leaving us with their promises. But they will come back again in the future with the new idea to scam people and once again, we will be hard to know them in the beginning.

Indeed, it is not easy to identify scams in crypto, but the way shared by OP is effective enough for us to avoid scammers. Although we do not fully know what is behind the new project, at least we can consider more deeply to join after analyzing the project.

Until now, I think I have difficulty in identifying cryptocurrency scams because of all of the projects almost similar between each other, and I don't know which of them that is a scam. That makes me careful to decide to invest in their projects, but fortunately, I don't invest much money with them so I can save my money. I don't think that other people can identify them too because it still hard to find those scammers.

The point is don't invest if after you analyze it you are in doubt, but invest if after you analyze you are still confident about the project. That is the point that I always hold and consider, so far I have always invested in projects with high trust, projects that I doubt are few, I will not invest. Well you have to be firm about your beliefs.
998  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO is much effective than ICO nowadays. on: July 31, 2019, 05:53:13 AM
It is too early to come to a conclusion that IEO's are much effective than ICOs.  IEO has been in action for just some few months now comparing to ICO which had been in operation for years now, you can't stand on just these few months to rate the progress.  IEO has a long way to go before we can somehow say that its quiet effective than ICO...
You're right, it's too early to say that the IEO is better. It's just that the IEO is better at attracting market interest by giving confidence that the token or coin is ready to be traded on the exchange. The availability of tokens or coins that are ready in the market will make investors more interested, even though it is not a guarantee that the price will soar, investors must still be careful and conduct an in-depth analysis of the project from the token or coin.

I don't think it's too early to say the IEO is better than the ICO, because for now it's no longer the ICO era. Well, I mean everything has its own time. Moreover ICO is now being littered with scammers and has reduced investor interest. The effectiveness of ICO or IEO cannot be judged by the length of time they exist, but is judged by its development. And now I see the development of the IEO is far better than ICO, this proves that Investors are more interested in the IEO.
999  Economy / Trading Discussion / Re: Traders who never bother to learn how to trade on: July 30, 2019, 04:27:20 PM
First, a beginner only sees ss from a number of pro traders then they are interested in trading. Well, of course they think trading is easy, just buying at a low price and selling at a high price, but in fact the opposite, they don't learn but hope to profit from the start.

The mind of a beginner is of course only profit and profit, they don't care about learning. They consider it difficult and useless because many say the market is unpredictable, but they are not aware that learning is not a technical matter, but all about trade.

Bothering to learn the trade may not be enough neither, I mean I totally agree that this new traders that are not even studying how things work and just do their trades based off on their "gut feeling" are full idiots but at the same time just because you studied trading and even read couple of books about it and all online materials and you think you know what you are doing and start trading its still not going to be that great.

Experience plays a big role in this and even after studying like hell you need to do some trades for a while to gain some experience and then when you traded bunch of times and you will be able to see the market a lot more clearly and then you will be able to start trading a lot better because you both have studied and gained experience as well.

Well right, learning in theory is not enough to become a pro trader, pro traders must have had very good experience for years. Even a friend once told me "You will be a pro trader when you can determine the direction of the market in the graph with the naked eye". I am aware that experience plays an important role in everything we learn.
1000  Bitcoin / Bitcoin Discussion / Re: Why I love the speculators in Bitcoin. on: July 30, 2019, 03:29:06 PM
In some cases, speculators can negatively influence the development of certain projects, since these people have the opportunity to create a stir around the coin, despite its prospects, to attract more buyers, and then provoke a collapse and another price increase, which, given a certain alternation of such opportunities,  opportunities to get rid of even bad coins at a high price.

I don't think that is the work of speculators.  Those are shillers IMO.  Speculators are those who are buying with an expectation of a profit one day.  So basically these people are hoarders at one point and dumpers at another point.  Regardless, this is just a normal phenomena in trading (uptrend and downtrend).    Anyway, I do like speculators too since they give a positive vibes on the market.

But not really, sometimes speculators really lead us to FOMO currents which only cause losses. There are many types of speculators, there are speculators who speculate only for their own interests to influence the market and there are also speculators who share their own analysis. I myself prefer speculators who have basic facts about what they speculate and don't talk nonsense to bring people to the FOMO stream.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 [50] 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 ... 269 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!