because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha haahaa
Even the price of bitcoin goes down there are still rich people because they not only hold bitcoin they also hold different cryptocurrencies. What do you mean bankrupt? it will totally become bankrupt if the price of bitcoin will go down to zero and as you can see the price of bitcoin is now slowly recovering so expect in the next few years all their losses will regain. Lastly, just wait and you can see how bitcoin will really go to the moon again and after that many people will become rich. First of all, bitcoin is not going down and it does not plan to vanish ever. Secondly, the world of crypto currencies depend on bitcoin. All the altcoins have made to this day due to bitcoin. They literally have no chances of surviving without the king. Bitcoin is the backbone of digital market, the first digital coin which laid foundation of crypto coins. Bitcoin is they key to become rich. |
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Like everyone else's point of view I hate listening to a podcast and analyzing it, I'd rather read an article. In terms of risk, risk is everywhere in your life. Going to the street or staying at home is also a risk.
If you want to be rich or win when investing in cryptocurrencies, you must take risks and manage it well. Because the greater the risk, the higher the profit, it all depends on yourself.
I think wherever you are and whatever you do you will have risks while the risk depends on how courage you face the risks that exist, if you can face all kinds of risks and can think calmly then there are many benefits that you can get, whereas in the world of cryptocurrency the risk is more high because cryptocurrency price movements no one can predict it. The thing is that the crypto market works on basic principles like supply and demand, fear and greed etc. So this is the sole reason why the market shows sudden movements in very small intervals of time. This implies that one day you can be a winner and other day you can also loose half of your savings in Crypto. Indeed. So before you start to adopt cryptocurrency, you should be ready for it's risk because this risk will definitely pull you down that you always feel anxious or worried when the market goes down that makes you to sell it and have losses. But always remember that this risks could lead you to success, so you better continue to trade and invest in crypto to earn huge profit and get rich. I am not aware of any risks that are involved in crypto currencies. If a person will invest in the right coin, then the chances of any risk gets eliminated. Risk is involved when something is totally new. it’s been years now since blockchain and crypto currencies were created. For newcomers, they can invest in bitcoin and then ethereum blindly. There is zero threat involved in these two coins for sure. |
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as we know that in 2017 many ICO were successful (at least reached softcap) and of course the market cap was also very high at the time, so it proves that many people are interested to investing in cryptocurrency, but now where do these investors go? because now the market cap is down and many ICO or IEO are failing (not reaching softcap), are investors no longer interested to investing in cryptocurrency? if yes, where are they investing now? or is there a more profitable investment than investing in cryptocurrency for now?
When ICO reached hard cap and IEO sold out just few minute after selling open, many investor become rich person. now after many ICOs have failed with lower price with listed on exchange and IEO get with lower price too we are really scare for investing on ICO and IEO again, now many investor not invest with ICO and IEO again after failed with lower price. That is so true. IEOs and ICOs have really disappointed the investors. There are only few people who got any benefits, otherwise mostly faced loss. In the case of IEOs, presale stage investors were depressed when the prices decreased once that season was over. So investing during that time must be avoided. Anyway, IEOs are the new thing and bounty hunters must not lose hope this early. |
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Sorry to hear that, mate but every projects might need some adjustments sometimes. You never know what's going through inside the project itself. Could be having some conflicts sometimes and they need to resolve it by those adjustments. Supposedly that they aren't getting enough fund from the investors, they have the rights to change the rules or flow of the project but not fully terminate the project without any little compensation for the works done.
There is nothing bad with making few adjustments for the betterment of program itself and the investors. But these changes do leave the participants in doubt and o be very honest, the start of every bubble is this, a few adjustments in the name of improvements. In order to stay safe, it is required to do some homework. Even after that, no big investments should be risked anyway. |
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We can't define cryptocurrency only as a gambling tool. Our own definition depends on how we use it but generally, it functions as a mode of payment and investment. Gambling is different from investing and trading though there are also similarities due to its volatility. Cryptocurrency is multifunctional and if there will be a massive adoption, we couldn't only use it in gambling but for lots of purposes as well.
Crypto currencies are being used by gamblers in online gambling games but calling them gambling tool is not very nice. With these, gamblers can not only play but earn assets that are good investments too. But like you have said, crypto currencies major role is of an investment that is used by traders for trading and others usually hold them for a long duration of time. Gambling is just a business where digital coins can be spend. |
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Some users donate big after big wins. I remember samiest in duckdice donating a lot to a school in the Philippines.
Donating money for the betterment of society is virtue. Gambling money is not dirty money as many people think. Moreover, helping others is not related t income source but the desire of heart to be of some use to others, to make lives of needy easy. People who do such acts deserve respect and we all must try to be like them. After all this is humanity. Gamblers who donate are better than gamblers who play on and eventually lose. It isnt really necessary for you to gamble first before you can make a donation.We can do it directly without the need to engage with gambling.We can simply get a portion of our salary and donate to those who are in need.If a certain individual do have the good heart on helping other people then he wont mind on where those funds came from even if its on gambling then it doesnt matter where the most important thing here is that he do able to help out people who are in need. Helping other is a good thing to do and if a gambler is doing with its gambled money, it does not really matter. He is benefiting the society and its people. He is far better than those who earn via business but do not donate even a single penny. The beauty lies in his heart that desires to help others. Judging the actions of people on the basis of their income source, not intentions, is not encouraged. |
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We all need to remember that banks and the bankers are the middlemen. And similar to all other domains, it is the middlemen who benefits the most. The advantage with Bitcoin is that it removes the middlemen. With Bitcoin, we no longer need banks to store our wealth. And when the middlemen are removed, it is the direct user who benefits. We should ask ourselves why we need these banks. A large part of the federal debt originates from various bank bailouts (the one that happened during 2008-09 is not the only one) and the average salary in the banking profession is much higher than most of the other professions. They live off our hard earned money and this should not be allowed to continue.
Though there are still things that we can’t effectively do in cryptocurrencies like loaning a huge amount which what most of the business do especially those who just started. We can loan though in crypto but it is hard to trust someone that you can’t physically see nor you don’t have any documents to sign into. I guess it is still better to loan in banks than in cryptocurrencies. Other than that, I would choose crypto over banks if I think it is more beneficial than the latter. This is cool to loan someone a good amount of crypto coins and a proof of humanity but there is no need to be a bank in your own. Why would you lend anyone big amounts in the form of digital currencies. you can help others by introducing crypto currencies and the ways to get them. Crypto currencies are our potential investments and they eradicate the problem of taking loan at the first place. |
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In addition to opinions from others, exchanges must be involved, most especially the big ones in the market.
If there are no exchanges to list and trade your stable coins, then, it is a pure shit coin and no one will ever recognise you have a coin, let alone a stable coin.
Lots of the projects claiming they created stable coins, if you study carefully well, are not listed on reputable exchange(s).
This is not necessary for stablecoin to have, a real stablecoin must have a value and the value comes from treasury or reserve. Ideally, a stablecoin should have pegged every coin in circulation with assets, to maintain the price or the value of the coin. And the exchange is an external factor for stablecoin in gaining popularity and utility of coin. As long as their is an asset or commodities that will be backed by, it can be consider as stablecoins like how China plans to create their own coin since it will only disbursed based on market condition that will still safeguard their peoples investment. Actually I don't really acquire stable coins since it seems no use for me in trading it or I'll plan to hold long, I will go to coins that can grow in value as time passes by and stablecoins is not applicable on it. That is really wise of you. This concept of stablecoins at present makes no sense to me. We have fiat and paper money that is already playing role of stability. We expect rather want digital coins to be volatile ones. So that investing in them will make us rich after some time. Volatility is one of the reasons why bitcoin is cherished by us. Moreover, stablecoins will also take away control form us. |
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Until now, there has never been a stable coin that can reduce the dominance of bitcoin. Libra is just a centralized digital coin that has a different target market than bitcoin. Even for a very long time.
it looks like you must learn again about what was the real purpose of stable coin. The creator of stable coin is seeing an opportunity to provide a coin with stable value to give more advantages to the traders to secure their money and this has no relationship for the stable coin to steal the domination that has already created by bitcoin. Stable coin will never bring down the bitcoin dominance and it has another purpose. But there is dark side of everything. Just because this was the reason that was told by the creator of stable coin does not mean it was the real intention too. Honestly, there is not a single digital currency that has not tried to take place of bitcoin. What makes you think that Libra is different. It can never ever dominate bitcoin whether it want or not. Secondly, our money is far secure with bitcoin. |
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All the talks this week are all about China launching its own coin, they can easily do that because China's main man Xi Jinping is the one who wants China to create one, while Facebook's Libra coin is having a hard time to convince the Congress to let them launch Libra Coin,
It's different between the two coins, one will launch easily while the other is having a hard time with the regulator
On a positive note, I think China's plan will be considered of those who are opposing Facebook plans to launch their coin but of course, it
will be highly regulated compared to China's coin who will be under the supervision of China's Central bank.
What's your thought on this?
It is not about the name who wants to produce it. Mark Zuckerberg and facebook has its reputation around the world though they have a huge name what they are fighting against is the government who has the absolute authority with it. What they differ is that the China government is somehow open with this plus they all been regulated I supposed which on the other hand facebook Libra is having a hard time with that. If it was all about the name probably facebook would make it through Despite of all that I'm pretty sure that China themselves want a more centralized version of blockchain. Even Xi Jinping himself say to specifically accelerates the use of blockchain and not the cryptos. It's the same as those company that did research to implement blockchain system into theirs threfore it won't bring that much change to the crypto market anyway and I do agree with you. Facebook is a private company while China is a country and it has the authority to create the regulation or change it to whatever they want really different if you compare to Facebook where they will be facing a dead end if the government doesn't approve. The main issue that china has with bitcoin and other such kinds is decentralized nature of them. This is the whole reason why China is trying to push away supporters of bitcoin by playing cheap tricks from time to time. Now bitcoin has no central authority, which means no one can control it, not even China. Due to this, it cannot control the digital market, which is future, either. This is the whole game. Blockchain is powerful tool, it cannot ignore that either. |
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I choose investment give me return more than 120% from my money, I got profit about 20% from my investment and waiting more than three months to receive my profit, after joining bitcoin and altcoin investing I can earn profit with short time and can return profit without one day, if lucky I can get double profit in one week depend with bitcoin increase price.
Good for you if you found out that kind of investment, as per me, I am fine with investment which gives return of 3-10% for a short period of time, as most of the time I don't hold long term (except Bitcoin) , I usually invest at short term. Being a good investor is not that too greedy, know what he is doing, has knowledge with the project that he is investing at, know how to check the teams' background, have a lot of patience, and know how to handle his fund well. The longer you are going to hold, the greater will be your amount of profits earned by selling bitcoin. Just do not sell it during the dip and do not sell it on the purpose of never buying it again. I would also recommend you to try short term trading with some of your bitcoin instead of doing it with altcoins. The benefits here are greater than produced by altcoins. You understand the important factors very well. |
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My bad... I own just very little of bitcoin, just around 7%. I wish to add more fraction to it because next year is going to shoot really high (my thought). The remaining is much of shit coins that have been on the portfolio for who knows when.
That is actually really low and you should increase it. You yourself know that which means the plan is on the way to make more bitcoin. But do not feel bad because there are still many examples who have no bitcoin at all. You are far better than those too who hold goo amount of it but still cant trust its potential. Basically you are equipped with tools that are essential for long term success. |
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I think being cashless in this world does not happen, and it will remain in our imagination and will never be fulfilled.
There are many reasons why this is unlikely to happen, One of which is the government that will not allow crypto. Because they need to be in control of Crypto before it can be accepted by their government.
None of us did even imagine that one day digital currencies would be invented and here we are, enjoying improving our financial status by investing in bitcoin and good altcoins. The future belongs to crypto currencies. It is fate of our money and also best for coming time. With the advancing technology, all domains of life will revolutionize. Governments are going to launch their own crypto coins and legalize the existing ones. |
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Well, that is the sad reality of ICO projects of this era. Only few are worth the time and effort. IEO is the one on trend right now and according to a lot of people, it is less risky. You should try that one.
Right, I also really believe in IEO that is trending right now, because there are so many projects that use sales through IEO successfully, so it doesn't hurt if we all try to join projects that use IEO for token sales. It will not hurt you until you experience to lose from it. We all know that IEO is the new trend but it doesn't mean every trend you need to follow. You should be aware about the risk the result for long term is the same as in any other project with ICO,STO,IEO they are all just want investment. Risk is involved in IEO too. You are damn correct about this. These all are not very different from each other. The main motive behind these projects is mainly attract investors and convince them to spend their money in respective projects. I don't find them beneficial in any way. My honest suggestion would be to not get involved into such suspicious things or at least do a lot of research before making any move. |
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Is it true that we must monitor markets at all times? I don't think it's necessary all the time. we can also use many features that are already available. Cute Lose Alarm. for me it is enough when I want daily trading. and indeed for a time we never knew how long I would be able to Take Profit but as a side job in fact I could trade and also my main job.time management here is also important
I think if you really want to make money trading crypto you have to always keep on eye on the charts. Simple because these are such volatile (and often manipulated) markets. There can be 2 days of low volume trading with barely any price movement. And then all of a sudden some big player comes in and makes the whole market pump or dump 10% within 5 minutes. If you were not looking at the charts (or even asleep) during such a moment the losses could be catastrophic. This is also why stop-losses are so important in crypto. Keeping eye on the charts constantly is for those people who trade on daily basis. It is not important for a short or long term trader to go through such hardships because dips don't end within a day. Day trading is only beneficial when done with bitcoin because it has the most volatility. Hence, provides the chance to sell and buy on daily basis and still earning some good profits. Market does not get affected by a single player. |
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I don't bet on the final result of the game rather bet in between, like for soccer, who will score the first goal, how many goals will be there before half time etc. It just makes it a bit easier.
Different gamblers are having different types of approach and honestly like your way of betting. I read some gamblers are sharing like they are able to predict the winner of final easily whereas some others like you experts in predicting everyday match events. Anyway, where we are the master is more important and also making use of our knowledge like you, will definitely land us into profits zone. Yes, this is the way, we can make sports betting profitable. The hardness of predicting the final winner differs sport to sport. This may be the reason you are easily predicting the in-between events in your favorite sport. It is easy to come up with accurate predictions if someone had good knowledge about the opponents involved in a game. Sports betting is not random. It is not only about luck here but the skills too. Due to this, the factor of randomness gets eliminated. There are very rare cases when a weak opponent gets victory. Otherwise, it belongs to those who put efforts and work hard. |
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"WagersWallet.com", my vote, because it's quiet general. It could be used for sports betting, dice, poker or any other games. What is your project by the way?
That is a nice choice. I personally liked dicewheel more. This domain has name of gambling games and it shows the random nature of gambling too. It is not possible for a player to predict the outcome of a spinning wheel or a dice roll. Almost all the gamblers have played dice in their lives too. Above all, I found this name easy to member. Such sort of things are attractive for customers. However, your domain indicates involvement of cryptos, so it is cool in its own way. |
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I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
If I win big , I guess I would remember my losses as the past losses only got me to where I am. They made me strategize my game, Play safe, minimize losses and always set a budget. That's a theory I like which is derived from the butterfly effect lol. So, if I win much, it means it was a reaction to what I lost in past. I wanted to recover and now I won so much. That way the greediness can be suppressed as every win will be seen as a victory and not as recovery. Lol. It's only the feeling of beating the game that makes it special. If you've lost more than you've earned, then it's not worth it. Even if you say it will make you better in strategizing your next bets, it won't matter. What's worse is if you suddenly felt confident about your next wagers, and then start going on a losing streak again. I agree on the losing more than winning part as I have felt it myself. No matter how hard I try to justify to be happy for the win, it just psychologically chases me that I'm still at loss. I guess there's no relief from that because human mind itself is built in that way that greed never stops and regrets of losing neither goes away ever. I agree with you. This is the whole reason why controlling oneself is said a difficult thing to accomplish. Mastering oneself is the most difficult task of the world. Never letting your emotions take control of your actions is just easy in saying, reality is totally opposite. However, if you will learn something out of your losses, then this pain can decrease for sure. You already don't look like an addict. |
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I think the price of bitcoin at the exchange has nothing to do with Peter Schiff, because I feel he is only one of the people who are predicting the ups and downs of prices and all who do that I feel can be inaccurate and just guessing, bitcoin will never be predictions will have price movements where it depends on demand from the exchange place.
many people have guessed bitcoin and predict the price but many have missed it, in the telegram there are some BOT about bitcoin transaction information, we can see it there, if there are transactions with a lot of bitcoin we can predict whether the market will decline or not, that I think it's very helpful, I don't know if whales really sells all bitcoin, but we can see transactions so don't worry, we just follow the flow No one is that stupid, especially whales. These are the people who like to be called as the owner of world’s most precious things. Bitcoin is now above all of other assets. It is impossible that whales will leave bitcoin. They never did. If any of them would commit such stupid act, he will be losing his present position. Such acts cannot hurt bitcoin for sure. If one whale leaves, other will takes it place. |
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Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.
Of course fiat money is a bubble and it is bound to burst as well. We cannot just fullfil recent experienced to future. We cannot as well assure that the government have the potential to maintain the economic resources while producing loads of money and besides it will run dry in the end as the payments, funds and transactions has to be made digitally. After the invention of bitcoin and altcoins, fiat is destined to die in the future. We are living in a world where technology is making progress by leaps and bounds. Upcoming generations are more interested in performing all sorts of tasks with digital tools. Digital currencies are the future of money and bitcoin will remain the king of them all. Governments will introduce their own crypto coins. This is absolutely not a given. Crypto currencies still have many many challenges to overcome before they can challenge fiat currencies. Crypto is still in its infancy and is still very much an experiment. The biggest problem that has yet to be solved IMO is scaling. At this moment there is no blockchain that can handle even 1/10th the transactions that VISA is doing. The technology just isn't there yet. And there is no certainty that it will ever get there. Maybe cryptocurrencies are at its core just flawed and outright can not be scaled up due to some limitation. If that is the case than it will never replace fiat currencies. Then there is also the government. Governments will do everything in their power to stop their own currency from losing dominance, if they lose their money they lose their power, which is the last thing they want. If crypto currencies have been able to overcome the challenges of past then they can beat any sort of hurdle placed in their way. With bitcoin as their leader, crypto currencies really do not need to worry about anything. Blockchain is still too young but the idea is amazing and VISA cannot give us the same security. All the governments will turn towards crypto currencies once China will launch its digital coin. |
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