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1621  Alternate cryptocurrencies / Altcoin Discussion / Re: Am I wrong or right? on: June 09, 2020, 03:38:56 PM
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
You're true about that. The fact that the value gets centralized into the bitcoin and the story will be different if altcoins can stand with its legs without any intervention from the bitcoin but it looks like this thing will never happen unless altcoin can create a mechanism to secure its value from the intervention of bitcoin.
Any coin can create its own value just by having some real world application and continuous user for it. It means that any coin can stand on its own legs if it is having continuous buyers. I believe this is not right to call bitcoin is intervening on values of other coins. We are just using bitcoin to estimate the value of other coins which means bitcoin is being used as a reference value and nothing more. As we all know, bitcoin is being valued in terms of USD which doesn't mean that USD in intervening.

If some devs are capable of creating highly potential coin and if it keeps attracting continuous investor than it will have huge value greater than bitcoin as well. But, that doesn't mean it will have value on its own, even it will be having value higher than bitcoin, still it will need bitcoins for reference to estimate its value.
1622  Economy / Speculation / Re: BTC next Movement......... on: June 09, 2020, 01:39:01 PM
Bitcoin prices are over staying around $9700 regions for longer duration than any other levels which makes to think about "uncertainty" of what is going to happen next. Usually sustaining prices are clear indication of bull markets but this time it looks like bulls are unable to hold above $10k levels which must be the indication for short term pull back.

Probably bulls need more power which means they may start their rally again from $9000 level afresh. I am not seeing any further fall down will be imminent because psychologically traders already got ready to have bitcoin prices above $10k but due to pandemic triggered slow economy could be a reason for not to be trading above $10k levels right now hence 10% down could be meaning full and anything else more than that will not sustain.
1623  Economy / Speculation / Re: Bitcoin Price Will Drop - Sell Your Bitcoins - Part II - Get 180% Profit on: June 09, 2020, 10:31:06 AM
Separating newbie accounts from other accounts is really a big must for bitcointalk. I get it you make money from the ads that your forum gets but simply just ask people to write 10 posts first (not topic, just posts or replies) and make them stay hidden until accepted, and that way bitcointalk would have a writers test that would allow only the people who talk in coherent sentences to be here.

The idea is not absurd, of course bitcoin could go down, or it could go up, or it could stay around same, there is 33% chance for each of them. Even bitcoin may fall down, it will quickly bounce back to $10k region how it has done multiple times in last 12 to 15 months. So, I am not having any plan to sell now and to buy back because I do not want to miss the rally if bitcoin rises toward $12k from here.
1624  Economy / Speculation / Re: Buy every dip! on: June 09, 2020, 08:14:08 AM
what I did did buy when prices hit bottom, but there is no guarantee that prices continue to rise,
but it doesn't matter if you hold coins from big projects like XRP and ETH, your capital can return and even get a profit. HODL!
You must continue your holding and that doesn't mean that you may skip buying at dips Grin. If you are equipped with excess money for investment purposes then always be awaken to catch all possible lower prices. For this, you should not go all-at-once. When you buy for only 10% of available capital then you may get 10 different prices through out the year. Which means you might have got some bitcoins below $4k as well, for example.

At the same time, there are too many people who think that when they sell bitcoin the price is going up somehow and when they buy it it always goes down. Well, there is a reason for that, the market doesn't move depending on you, you move depending on the market and if you do buy at the very bottom, that is your own fault. Why buy out of nowhere on a regular day? Why would you want to spend any money on something that has premium price on it? You should wait until it crashes and anytime you buy before a huge crash, is a wrong time to buy.
1625  Bitcoin / Bitcoin Discussion / Re: The average cost of sending a Bitcoin transaction is now just a little over $1. on: June 09, 2020, 05:40:01 AM
I came across some interesting data today from Bitinfocharts that suggests transactions on average cost $1.083. Having a low transaction fee is arguably an important factor to the growing adoption of Bitcoin and it's great to see that the transaction fee has lowered especially after the somewhat high fees after the halvening. I personally still have friends and family that are unaware of the low transaction fees for Bitcoin and are still using platforms that charge much higher than Bitcoin's fee so it's always good to remind those unaware of Bitcoin's transaction fee.
You're right about that, I noticed it when I was sending money to someone using my Blockchain wallet on Saturday. The fees are now low compared to what we had before, around last two weeks and immediately after the Halving. I guess the network is free now, because the fees tends to increase when the network is congested and also after the Halving or when the price increases to a very high.

But I am really happy that things has got better to where it's meant to be. If we can be able to make a lot of people understand how this works, when it happens next time they wouldn't be discouraged. In the past also tx fees had spiked but over the time it got back to normal so I never do get panic on higher fees whenever it does happen.
1626  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency fraud and scams on: June 08, 2020, 09:50:51 PM
This is something that's being talked about everywhere, there are lots of articles that talk about this. Anyone who does research before proceeding to do anything would hardly for these scammers. Just like me, before I do anything I don't fail to do my research.

I search on Google and read lots of articles and learn anything that I'm supposed to learn about it. As of now, most of the times when I see scam projects I don't need anyone to tell me that they are scammers. I can easily tell when it's a scam, it's become a normal thing now. No matter how much they try to cover up, there is always one or two things that are unrealistic and show them off as a scam. An original will always be original.
1627  Economy / Speculation / Re: BTC Breaking historic resistance on: June 08, 2020, 09:20:31 PM
When there is a lower than usual volume or more correctly when we have low liquidity, that means its easier to manipulate bitcoin. The reason is, there is less money in the market, which means if you are super rich and can sell 500 million dollars worth of bitcoin (or buy) you could change the market a lot more, however when there is a lot of volume or liquidity your 500 million just gets lost in all of those.

So, right now the situation is quite scary no matter what because price could go up or down very very quickly without anyone having to do anything at all, you could just see bitcoin dropping 40% in a day and it wouldn't be impossible since it looks like it is quite possible if you are an early bird investor with tens of thousands of bitcoins at your wallet that you can sell right away.
1628  Economy / Speculation / Re: Will Bitcoin exceed 20k this year like in 2017? on: June 08, 2020, 08:47:45 PM
We dont know that yet but there is a possibility that bitcoin can touch or even higher than 20k usd before the end of this year or after as we can see there is a very good support in 9k and with in just a small period of time bitcoin touches 10k and lets hope bitcoin can touch 15k and up soon.
The more time passes the more it looks like the price will not pass $20k. I mean we are still in June and there is another 6 months to live so we can't really say it will happen or it will not happen. Do not forget that in 2017 the price was around $3k-$8k ranges from summer to December, but it started to go up a lot in December and by the end of it we had $20k bitcoin price, which means all it took was a month before bitcoin can became $20k.

However that was a huge hype that changed the shape of bitcoin world forever, could we have another hype like that? Sure we can, is it likely? Its not likely at all. On a regular market without anything extraordinary bitcoin will probably max out at around $15k and not go above that, but bitcoin is always extraordinary so I can't say anything just yet.
1629  Economy / Speculation / Re: Question about Speculation on: June 08, 2020, 08:16:16 PM
There is really no way of understanding which movements are speculation and which movements are regular crypto movements. You could have some whale buying/selling to change the price like crazy and that would obviously hurt the market but there is no way to stop it, or maybe it was just bunch of people all doing the same thing and when they do it others join them and market changes organically, which doesn't hurt the economy because its actually what people want.

Neither of those could be somehow separable from each other, maybe the only method would be seeing whale_alert telling us there is a big movement going on but that's about it, if you can't see it there and you can't find who did what, exchanges do not give you the option to see if that $10k bitcoin purchase was collective or just one guy.
1630  Economy / Gambling discussion / Re: "NEW NORMAL" Betting on: June 08, 2020, 02:55:00 PM
If you're a fan of sports betting this is quite frustrating to wait because of the lockdown. Vaccine is not yet discovered and there's no specific timeframe when it can be made so there's no assurance how long we're going to wait to say that we're finally virus free.

Its boring to stay at home but if you really want to gamble there are other games online than can be an alternative while you're waiting for the sports games to resume their activities.
I guess we are going to have sportsbetting like before because most sports events are going to happen in empty venues. Yes, almost all sports authorities are planning to host sports without allowing speculators (they do call this as "behind closed doors"). So, we may start betting on sports events like before very soon.

It will be disappointing only for the people who are frequently visiting stadiums for enjoying the games and all for the gamblers, this kind of behind the closed door games will not be giving the any differences to bet with them. So, we can expect no more boring days. I'm too really excited to get back into sportsbetting because that is the only type of gambling I am so far profitable in my long gambling activities.
1631  Economy / Gambling / Re: bustabit – The original crash game on: June 08, 2020, 02:04:40 PM
I keep forgetting all the mobile gamblers out there. I mean I have personally gambled on my PC ever since I started gambling, never even tried to gamble on mobile because of 2 main reasons. One is I have fat fingers (well I am generally fat Cheesy) and my phone is small so it is not really easy to gamble or even play mobile games on it neither.

The other reason is that I am afraid of clicking something wrong and losing all my money, I don't know why but I feel like it is easier to make mistakes on mobile than computers, on computers I can check and recheck constantly on a huge 17.3 inch screen, it is easier to look at and fix something like that. I don't know maybe I am super wrong about it, maybe others are having so much fun that I am missing out, it is just a personal preference thing.
1632  Economy / Gambling / Re: Blackjack.fun-Most trusted & coolest looking provably fair blackjack in Market on: June 07, 2020, 09:00:35 PM
Does this mean things are looking out good for you guys? I know it is not easy to run a casino let alone one that has only one game in it, so it must be very difficult to accept the fact that things may move slower than you want them to but we have seen the improvement of blackjack.fun from the first beta release test money gambling to what it is today with 0.3 bitcoins wagered per hand which is very high (almost 3k per hand). From play money to 3 thousand per hand is a HUGE improvement, that tells me there has been a ton of people who got unlucky on your website Cheesy. Or maybe you have come to a funding somehow and that is why you increased, I wouldn't know since it is a behind the scenes deal, but I really hope the reason is people starting to gamble a lot here and you guys getting big wagering numbers.
1633  Economy / Gambling discussion / Re: House Edge -- Is It Really Required? on: June 07, 2020, 08:30:41 PM
I am not sure how house edge is working on most other games but in dicing it is too visible and from that I also had thoughts like why houses may go for zero house edge.

Because, for example with 0.5% housed edge they reserve additional 0.5% of rolling number numbers after the actual 50% of numbers for the X2 payout. If there are 1000 possible numbers to be rolled then they reserve 50 extra numbers after allocated 500 numbers. In summary house gets 550 consecutive numbers (like 1 to 550) and a gambler gets consecutive 450 (like 551 to 1000) numbers to decide who is going to win.

If you notice, very very rarely rolling number appears between 551 to 550 and all other times either house or gambler wins based on what number appears. If houses decide to give up those 50 numbers, I believe there cannot be any big differences given that gamblers continue their martingale and losing all the bankroll in the end.
1634  Economy / Gambling discussion / Re: 2020 NBA Season on: June 07, 2020, 05:46:52 PM
Spurs has made playoff 20+ seasons in a row, there is really no other franchise that is as good as them at longevity, they are also 5 time winners in that 20 year period as well. So, I do like them and I trust their capabilities as well but right now it is just too late. If it was regular season and there was some more games left maybe they could have but unfortunately there isn't that much game left and all of them are against high level teams so it is not going to be possible for them I believe.

It is okay though, they are still young, from Murray to White to Walker they have great youngsters, Jakob has been playing very well too, so they actually have a great young core that could get better with time, so they can miss the playoffs as long as they keep on improving with the team they have.
1635  Economy / Trading Discussion / Re: Trading mistakes i do on: June 07, 2020, 04:17:27 AM
it is normal to make mistakes because you are a first timer, but be sure by the next time you will not mistaken again or you know how to limit your losses, failure makes us more smarter and have more experienced in everything that we are doing.
Not repeating again and again differentiate smart traders from naive traders. Mistakes are common but doing them should not be a common practice. Only when we are conscious enough to avoid the mistakes, we can move forward to reach targets. Mistakes are in uncountable numbers hence not learning from our own mistakes will save our capital. Fortunately we are having lots of portals where traders regularly sharing their experience and if we try to make use of them then we can easily become smarter trader.

Traders do not need to be trading for longer duration to gain such knowledge and experience but just by making use of others experience and suggestions also could become pro like traders for doing less number of mistakes.
1636  Economy / Trading Discussion / Re: Coinmarket.NINJA - A website to find interesting cryptocurrencies on: June 06, 2020, 08:14:03 PM
we do not want to compete with coinmarketcap, a link to CMC seems convenient for users to get further information.
It means that you are focusing only on a new kind of ranking/listing and all others are left to coinmarketcap. Interesting!
Are you a sister concern of coinmarketcap? Because, basically you are driving traffic to coinmarketcap by somehow different ordering of coins.

I do see coinmarketcap is already working on adding more user friendly features to make it more universally versatile for all kind of crypto related references. Moreover, in my opinion it is Wikipedia kind of resourceful services. So, you must work on enhancing your site which should include listing new coins which are not available on coinmarketcap as well.

What are your way to generate income for running this services? If you keep people to go out of your website, how you are going to generate an income stream out of it? I guess you must have your own detailed page for each coin and token.
1637  Economy / Trading Discussion / Re: THINGS THAT CAN'T BE TAUGHT IN TRADING on: June 06, 2020, 07:35:41 PM
So I realized there are so many things that can't be taught in trading.

One major thing I know can't be taught is the psychological aspect of trading.

No matter the number of videos you watch on this, you need to learn your psychology by Yourself! This is just a fact!

What other things can't be taught in trading?
I don't think it has to be taught, it's up to you to train yourself to be able to do that. And that's very important for anyone to learn, it's really going to be helpful. If you're able to train your senses and not let things get to you so much, it's going to help you to remain sane in some cases when you're going through difficult situations. That's something I'm trying hard to learn, it's not easy, but I'm getting close to the level I want.

In trading, anytime I lose money I usually worry too much. But I'm doing my best to get over it. This happens so many times, even things I see on social media affects me a lot, there's no need going into details. But by training myself, I believe I'm starting to help myself out. If you can't do it yourself, then you need someone to help you do it.
1638  Alternate cryptocurrencies / Altcoin Discussion / Re: 9 Crypto Tax Haven Countries on: June 06, 2020, 06:06:23 PM
This list could be bigger than what we can anticipate. Because recently I have come across a topic which is talking about the recent changes in laws which are about impacting crypto currencies in numerous counties. Surprisingly many countries have gone for studying crypto currencies and by understanding the true potential, they have relaxed some of the restrictions which were put on cryptocurrencies earlier.

Not paying tax for crypto activities must be a less-significant factor in my opinion. Because, we first need lots of countries to allow and support crypto related business which will definitely lead our journey to moon. When crypto prove its applications then most countries will follow those heavenly counties for sure.
1639  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop blaming bounty hunters on: June 06, 2020, 05:08:41 PM
The crypto space has experienced so many bullies, and it has been mostly attributed to bounty hunters. Whenever there is a dump; people raise fingers, and attack hunters as the cause of the dumps.

But when you consider most recently hybrix token; the investors got their dividends, and they boldly dumped the token from 3.5$ to 0.5$.
This reinforce claims that no matter how much bounty hunters earn; it is not enough to close down the trade market of crypto coins.
I am on your way. Yes, bounty hunters are not at all the reason for dump because it's a free market anyone can do whatever they want. If the devs are too concerned about the dumps happening after bounty rewards are distributed then they should never go for bounty program. Yes, that is the only way they can avoid dumps when they are not having good project to withstand any kind of dumps.

Like many people have already mentioned, a highly potential project will not bother about dumps happening in the markets time to time because good projects will be having continuous supporters/investors who will give it pumping when there are dips to enter. When devs are not developing a good project which is not attracting investors continuously, they are simply going for blaming bounty hunters for the downfall of market prices of their coin/token.
1640  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto regulations still have a chance? on: June 05, 2020, 04:52:33 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?
Regulations and decentralization are different things that people mistake with each other. Regulations means "you can't buy 100 bitcoins anonymously, if you do that will be illegal" which is fine, decentralized means "government can't bring 1 million bitcoin and give it to companies" those are totally different things. Regulations are a way to control what you do with money, decentralization is about controlling the money itself and not what you do with it.

So, regulations could be helpful, I personally do not care if government checks what I do with my coins, they can trace me and see that I usually buy regular stuff like food and clothes and so forth and pay my bills and credit cards with it. If you are doing anything you want to hide from the government, there are coins like monero for it.
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