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61
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Bitcoin / Bitcoin Discussion / Re: Profit for one investor means loss to the other one?
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on: February 09, 2018, 08:13:39 AM
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Whether it is true or not that in markets like Bitcoin (crypto) ; one person gains only when the other losses some thing. Suppose one person bought one Bitcoin for $5000 in January 2017 and sells in June 2017 for suppose $10000 he gains $5000 by selling. Now the purchaser in June 2017 @ $10000 sells it for $6000 in January 2018 and as a result he losses $4000. So it is clear from the example that the profit of seller in June which was $5000 includes the loss suffered by the person who bought it in June 2017 and sold in January 2018.
If there are some other reasons for this profit / loss factor, I request other members to please share their knowledge with the platform because my opinion may be on the basis of partial truth and there may be other factors responsible too.
I dont agree with you are this is partially right, what if the another user who bought in june 2017 @ $10000 sells it for $17000 in December 2017 itself that means he is also in profit. Who is greedy will only mostly make loss but who takes profit in short will always be in gain. So your theory wont work for almost everyone only for greedy traders it suits it. |
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62
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Economy / Economics / Re: what benefits you've got from bitcoin in 2017
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on: February 09, 2018, 06:58:22 AM
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In bitcoin 2017 it changed my financial position as i was able to spend my family expenses apart from that i was also able to make savings. 80% of my debt was cleared and it also gave me more ways of earnings through bitcoin in this forum. Hope that 2018 will also bring a good prospect in all bitcoiners life.
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64
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Economy / Economics / Re: Bitcoin is useless
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on: January 23, 2018, 04:38:16 PM
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
Well what you are saying is well known by everyone but even then when everyone is earning nice income then how can they stay away from it. |
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65
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Economy / Speculation / Re: Is it the end...?
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on: January 20, 2018, 04:08:47 PM
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2018, IMO, will be the year of non-minables vs minables.
Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.
Do you agree with this assessment?
My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?
(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.
(2) DASH has been knocked down by those said coins^ and trampled over by TRX.
(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?
What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.
New coins come and go but which have serious projects and the developers are serious about their project will only survive. About XRP assassinate the king BTC, which i think highly impossible but in life anything can happen. |
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66
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [vSLICE] ★A Profit Sharing Token for vDice★ [ProfitContainer is Deployed]
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on: January 18, 2018, 03:53:14 PM
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JANUARY DEVELOPMENT UPDATE 2018 We hope everyone enjoyed the New Year’s break. In the January Development Update 2018 we outline the details for the remainder for January. The plan is to deal with house-keeping and bring outstanding development matters to a close. Contract Deployments The ETH price increased significantly over the course of 2018. As a result the minimum bet for vDice has, in dollar terms, become quite large. It is worth remembering that vDice processes all bets directly on-chain. So bet processing, in dollar terms, has increased. With bet processing on-chain, vDice was never meant to capture the micro-transaction part of the market. Decentralization comes with cost and overhead. In exchange there is the benefit of censorship resistance. Regardless, we will be responding to demand and deploying new contracts with lower minimum bet, to allow for lower value betting. These contracts will be deployed this month, and will exist on the network in addition to the existing contracts with higher minimum bet. https://blog.vdice.io/january-development-update-2018-2/Do you guys please tell me when you plan to add a token to large exchanges  we are really waiting for this! This is a dividend token and most of the top exchanges will not add this.They need to check with kucoin exchange if they do list dividend tokens and get in the voting system and ask all supporters to be part of the voting for VSL to be listed over there. I agree. let's do that! let the team begin this process I dont think that it will make much difference until they dont lower the betting value , their wont be more gamblers to gamble here. |
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67
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Economy / Trading Discussion / Re: Binance
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on: January 18, 2018, 03:33:18 PM
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I'm used to trading in Etherdelta, and now I'm trying in Finance. It's really different there and I'm really lost how to do it there. Others seem to enjoy trading it there more, And one thing I want to know is that if the trading fee there is cheaper than ED?
Actually Etherdelta is hard to do trading as it is very confusing, and the security of this exchange is very low , just recently they got attack and lost so many coins. Binance exchange is easy to use |
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68
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Economy / Speculation / Re: Will the bitcoin price recover?
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on: January 17, 2018, 03:57:16 PM
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Early 2018 bitcoin prices slumped. When will the bitcoin price recover? How is your prediction?
This always happens when ever their is some rumors the market reacts and then the selling pressure starts and weak hands are last one to sell in low and when the price bottom out and rise back they cry. |
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70
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: January 13, 2018, 07:22:41 AM
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2nd test b/w South Africa vs India, this is an important match for India to save this series. If they lose this game, i think it will affect on there test ranking. Let 's see they will bounce back or they will repeat the history.
3rd ODI b/w NZ vs Pakistan, This is also an important game for Pakistan if they lose this game they are going to lose series too. NZ is leading this series by 2-0.
After losing the first game against South Africa, India's captain is taking some steps and changing the playing XI tomorrow. Also maybe the opener can get changed by some other. The 2nd test is the deciding test either way, to win or to survive the test series. Previous test was too one sided, as a cricket lover didn't enjoyed it, expecting some thrill in the 2nd one. NZ vs Pakistan, mostly NZ is going to win and claim the ODI series. I am not underestimating Pakistan but as per there previous and recent games, I feel they are lacking some good performance and thus making them an easy prey for New Zealand. Personally I have a soft corner or follower mindset for New Zealand, so I would love to see them win   South Africa winning record is very good on this ground so it will be tough for India to win the match and even they have dropped Pandya who played good batting in first test and picked Rahane hope that he play well and support in winning the 2nd test for India. |
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72
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Alternate cryptocurrencies / Marketplace (Altcoins) / Re: | Selling Binance Accounts |
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on: January 10, 2018, 12:16:07 PM
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Lol!! You would any one want to buy Binance account from you!! I know they have stopped new registration but there are many other exchanges where people can open the accounts. Latest, i heard is Binance registration is reopened!!
They re-open registration only for a short time on some days. Now back the exchange have closed the new registration so i think selling the account is not a bad |
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75
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: January 06, 2018, 01:24:36 PM
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IND vs SA : India managed to bowled out SA before 300 runs and it could be considered as a good performance. Good fight given by the AB Devillieres, Duplesis, D'cock and Maharaj; which helped SA to score descent runs in the 1st innings. Bhuvneshwar Kumar was very impressive, full credit should be given to the indian bowlers. Now it will be a real test for the indian batsman, facing dale steyn is not a joke.
SA at least managed to score 286 runs with the help of ABD, FDP and Kock but now I doubt that India can reach this score. They also lost 3 early wickets just for 25 runs. SA bowlers look very dangerous to compare Indian bowlers. I think this match will end very soon it will not go the 5th day of the match . In spite of the 3 early wickets, I think India still hold a slight edge. If they can manage to navigate the first session tomorrow without losing any wickets, then the pitch will become easier to bat on. The Indian bowlers will be disappointed that their efforts are being neutralized by the South African bowlers taking wickets as well. The current pair is the last hope as if they both get settled then they can score high and give India a good score to defend it. If Rohit Sharma and Pujara gets out then India will be in a big trouble, they have to show some patience and they should leave the difficult deliveries instead of getting caught behind. Dale Steyn is in superb form, it will be interesting to see how indian batsman tackle this difficult session. It doesn't look good for India. Both Rohit Sharma and Pujara are now out, and the score is 81/5. You cannot expect Ashwin and the other tail-enders to last too long against Steyn and Co. The Indian batsmen have surrendered the advantage that the bowlers got them on day 1. Now India 131 for 7 wickets. I was expected Indian batsman will not play so good and these fast tracks but today's performance is even worse than what I was expected. Only Pandya scored 50+ runs and rest all others got out cheaply. SA will win this match easily and mostly they can win this series as well also. Yup that's what I feel too , SA will win this match for sure and most probably series too . Hardik is still playing well and he might go on to score a century but it won't be enough according to me. SA might post 400 as target and Indians will fail to chase it down. Nothing can be told about it what if India bowlers bowl well and restrict South Africa with less then 200 runs and chase it. Anything can happen. I think pitch will start to change from 3rd day and batting will be easy, If this pair make India score above 300+ that will be very good boost for indian players. Their are more batting and bowling have to come in second innings. |
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78
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Economy / Gambling discussion / Re: Cricket match prediction discussions
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on: January 05, 2018, 10:19:17 PM
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IND vs SA : India managed to bowled out SA before 300 runs and it could be considered as a good performance. Good fight given by the AB Devillieres, Duplesis, D'cock and Maharaj; which helped SA to score descent runs in the 1st innings. Bhuvneshwar Kumar was very impressive, full credit should be given to the indian bowlers. Now it will be a real test for the indian batsman, facing dale steyn is not a joke.
SA at least managed to score 286 runs with the help of ABD, FDP and Kock but now I doubt that India can reach this score. They also lost 3 early wickets just for 25 runs. SA bowlers look very dangerous to compare Indian bowlers. I think this match will end very soon it will not go the 5th day of the match . In spite of the 3 early wickets, I think India still hold a slight edge. If they can manage to navigate the first session tomorrow without losing any wickets, then the pitch will become easier to bat on. The Indian bowlers will be disappointed that their efforts are being neutralized by the South African bowlers taking wickets as well. The current pair is the last hope as if they both get settled then they can score high and give India a good score to defend it. |
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80
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Economy / Exchanges / Re: Cryptopia turning into a scam?
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on: January 03, 2018, 02:39:37 PM
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I agree with OP as last month in mid i have sold some old altcoin which gave me good price and then i gave withdrawal request and when they are sending the confirmation email in that the link to confirm the withdrawal is not highlighting and support is not responsive. It was my smartness that i found it through mouse cursor difference and confirmed my transaction. I was using this exchange for more then 2 yrs but now i am not feeling safe to use this exchange for any transaction.
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