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101  Economy / Trading Discussion / Re: Coin Index Certificate (like Nasdaq, S&P 500) on: November 19, 2021, 01:02:51 PM
I don't think that exists currently. And even if it exists, I'm pretty sure that's a bad idea. While a lot of people here on Bitcointalk are bitcoin-only people, I'm pretty sure even the biggest altcoin investors would tell you that this is a really really bad idea. Just so much crap even in the top 20 alone.

Not yet, but I've seen a few DeFi early-stage projects that were building with this concept in mind.

Despite some people being against this, there are a few who can't or don't have the time to take the trading or HODL-ing in their own hands, and even the new crypto adopters will be eager on this option. The way I see it, before we know it we'll something like this become mainstream because it fills a market gap.
102  Alternate cryptocurrencies / Altcoin Discussion / Re: What Is The Fastest Blockchain? on: November 19, 2021, 11:19:36 AM
Friends, I would like to know what is the fastest blockchain at the moment. I heard about the Tectum blockchain but there is very little information about them. Please kindly share your opinion.

Thanks.
It depends on who you ask, right? There are many blockchains that are fast, and much faster than Ethereum. These include Solana, Avalanche, BSC, and Velas. I'm only mentioning the ones I tried and had because I had good experience with them I don't see why others shouldn't use them.

Tectum blockchain? lmo didn't even hear of it Grin either way why go out of your way to try new and unproven, untested ones? Stick with the ones that are already safe and have been used for some time.
103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it the end of crypto? on: November 18, 2021, 07:36:42 PM
ALL Crypto is crashing. What happened to crypto? Is it the end of crypto?
All crypto is in read because the King - Bitcoin is not doing so well. Don't panic, though. This is part of the normal cycle and while no body knows how long this can last or might happen, history showed us that the patient ones always benefit from HODL.

Now, I hope not many people get into the panic sell mode because it is but a phase. Remember, what goes up must come down, and the patterns are cyclical. This is must happen in order to see more growth, so be calm & patient!
104  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ Biggest wagering contest...600.000$ ⭐ SOLANA added! ⭐ on: November 18, 2021, 06:53:20 PM
And, The Dice Challenge is ON

To enter the challenge is simple. Hit 2 consecutive bets placed with x50 & then claim your payout as your reward.

Once you hit the required streak, post your username and your BetID's on this thread in the following format:
Username: Your CryptoGames Username
BetID 1: <BetID>
BetID 2: <BetID>

There are 3 days left, but still can't leave that total prize pool: 0.01225 BTC to chance  Smiley

105  Economy / Trading Discussion / Re: Trading is not meant 4everybody on: November 18, 2021, 04:26:51 PM
Trading is for those who:
1. Have at least basic knowledge of crypto and trading itself
2. Those who are able to take risks
3. Have been aware of risks so that we can manage and control ourself to minimize the risks.
4. Not only focus in profits but also process
5. Trading involves many thing, especially management of funds and also emotion.
Never be greedy and stress because of trading. Calm down
Yes, the above are good points but I feel it omits the part where new traders join and learn to become traders.

While the points above are relevant, anybody with the drive and ability to learn and take the time to trade and experience the good and bad that comes with it can succeed.

Trading is for sure not for amateurs because it can end up costly and in disappointment.
106  Economy / Economics / Re: Introducing a state-issued cryptocurrency on: November 18, 2021, 08:28:21 AM
Union Finance Ministry has take a decision on a state-issued cryptocurrency soon but ban all private cryptocurrencies. The VHP leader had sought a ban on all cryptocurrencies alleging its usage to fund terrorism, drugs and other 'anti national activities'. As all private cryptocurrencies are still not considered as legal tender or coin in India, but the govt may introduce an official digital currency in India.
I see the irony right there, in between these lines 'all cryptocurrencies alleging its usage to fund terrorism, drugs and other 'anti national activities' and 'govt may introduce an official digital currency in India'.

What frustrates me is that every person reasoning why they are anti-crypto uses the 'weapon terms' it fuels terrorism, drugs and other illegal activities - and I'm like, these things exist with fiat and will exist with everything else that is of value, it is not a cryptocurrency born issue, no the issue always existed and will continue to exist!
107  Economy / Trading Discussion / Re: New trading channel no targets no waiting instant results on: November 17, 2021, 11:00:26 PM
Actually, I never trust anyone giving only a telegram group link and most of the scammers use that app.
So there is no guaranteed that your signal will work because most of any telegram groups are giving you false signals they just make a signal for their own benefits.
I'm under the same impression myself. However, I'm aware that there's a small chance the signal group is legit it is just that I can't be bothered to take the risk of even trying it.


It may be bad practice but it is the norm!!!

There are just too many scam groups around, and they're getting cleverer so for anyone out there like OP who think signal groups are the way - it isn't. You need to think smarter and harder to bring people over because most people won't bother.
108  Economy / Trading Discussion / Re: Losses in trading are nothing but Business expenses on: November 17, 2021, 09:34:21 PM
Many Newbie, see lost as an excuse of quiting trading, they always think about quitting trading whenever they lost. They don't understand that losing is part of trading. Losing in trading is one thing you can't basically avoid.
Exactly my terms mate. Losing is inherent to trading full stop. Any losses from trading are obviously down to the trader and the platforms used. Platform fees are often low but when you do hundreds of trades per day these fees can add up.

In a way, it is true that losses in trading are a business expense as long as those losses enables you to learn and improve your trading strategies/skills. Obviously, it doesn't apply to the early traders that just get the basics wrong but it is something for those that learn and stick at trading.
109  Economy / Gambling discussion / Re: Corruption In Gambling?? News and real stats (uk) on: November 17, 2021, 06:38:52 PM
people are being greedy about the money, that's why they take this opportunity to get those sport betting freebies.
There will always be a bunch of people happy to take on anything that is free - makes sense, right?

Gambling comes with its sets of opportunities. Some people are in for the thrill, some to feed their addiction, others to manipulate the laws. It is what democracy & freedom allows, though best to have a choice than live in a place where everything is dictated and suppressed.
110  Economy / Gambling / Re: Multidice.io | The multi-currency dice game | 35+ cryptos on: November 17, 2021, 06:32:21 PM
I think that if you want to position yourself as a primary competitor for multicoin dicing, you do need to accept far more coins.

At the very least you should look at accepting 50+ if not the top 100 coins.
50+ coins? Mate, that's a wild request. I was under the impression that building the games was more important that supporting every coin there is.

Don't get me wrong having flexibility in the tokens to play with is of course important but this can usually be done with ~10 tokens or so.

The real challenge is getting & developing those addictive games, and high incentives to play them
111  Economy / Trading Discussion / Re: What if Covid 19 broke the 4 year market cycle? on: November 17, 2021, 03:38:09 PM
Just spitballing this idea:

Current basis for btc 4 year cycles is based on the fact that we are assuming movements / time frames with repeat themselves or at least rhyme with the past movements, in stages of exponential highs, correction, accumulation, and continuation. And while those happen, there's no rule that it needs to happen with a similar pace.

I know we are assuming that btc cycle lenght is based on Bitcoin technical FA (halvenings) and that real world events would not affecting the cycle lenght. But Covid 19 just halted nearly everything in this planet for a very long time, so why wouldn't it affect all market cycles with it? Bitcoin wouldn't live in the vacuum when it comes to market conditions.
I get that this is just an idea, but I'd like to ask you if you saw an effect of the COVID19 on the crypto markets?

From where I stand, unlike financial institutions or businesses that rely on fiat as their economy outside of the crypto space, the cryptocurrency models have not suffered much at the economic crises at the hands of the pandemic. In fact, I saw it getting stronger where investors where pouring in their money into digital assets because the real assets where not as tangible anymore.

Anyway, would love to see other people's thoughts on this.
112  Bitcoin / Bitcoin Discussion / Re: Bitcoin is more real than money in the Bank on: November 16, 2021, 11:09:17 PM
Of course Bitcoin is more real than your money in the bank, fiat money stored in the bank does not provide any profit to the owner because the money actually belongs to the bank and is controlled by the bank, if we want to withdraw all our money then the bank will make it difficult for you not to withdraw. Basically the bank has no paper money and little gold reserves there are only controlled digital numbers. Unlike Bitcoin which has a blockchain that cannot be created or forged, it is limited in number and its value continues to increase every year.
Money per se is not supposed to provide any profit to the owner, money is supposed to be used to acquire consumer goods, capital goods, services. In short, it should be used in exchanges that may later turn to be profitable for the people making these exchanges.
Bitcoin goes that extra mile because unlike fiat it acts as both a value preservation assets as well as a expendable currency with daily economic utilisation. Fiat is just a mean for buying consumer goods, it is not great for saving.

Banks offer paper money with unlimited supply, at least Bitcoin has a limited supply that is transparent and encrypted so its circulating supply never comes as a surprise. For these reasons, which are very economically vital Bitcoin is better than the fiat banks can provide.
113  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH OR BSC on: November 16, 2021, 09:59:08 PM
Now the choice is obvious, the lowest cost of transfer of money, promising projects using it. Ether is now too expensive for investment work with him, although many people expect to continue his explosive growth after the commission of Protocol 2.0.
I think it depends on what exactly you're looking for. In terms of speed and cost, bSC is by far the best option.

Ethereum of course is good because it is everywhere so you're not limited on its usage but gets short when it comes down to interacting with any ETH smart contract. Most DeFi is still largely ETH based, something BSC and other network is trying to improve on.

So whether you go for BSC or ETH, it is simply a circumstantial choice, there are ups and downs with each - nothing is yet perfect (we're getting there, slowly).
114  Economy / Trading Discussion / Re: How do I not lose money in trading cryptocurrency? on: November 16, 2021, 06:52:40 PM
No one can be 100% sure about cryptocurrency movement, which project will give you better profit and which one will not? However, there are some projects that have the ability to live and have the power to survive. I can talk about BNB, SOL, Matic etc. These are the trustworthy project. Even if you make loss of these particular project, I also can be sure that i will get good profit. So invest in places where your risk is much lower.
With all of the above in consideration, the main thing to remember is that there will be time when as a trader you'll encounter losses. There are also times when you could have made more profit but of course these two scenarios are down to the markets involves and strategies used.

However, one thing for sure is that as a trader you always run that risk of loss!
115  Bitcoin / Bitcoin Discussion / Re: are crypto owners naturally paranoid? on: November 16, 2021, 04:48:06 PM
It seems to me that it would be safer (and more convenient) to keep your crypto on an exchange (coinbase, blockfi etc) than cold wallet. Wouldn't the odds be greater that you mess up your cold storage than a large exchange being hacked or whatever (even if they are hacked, that wouldn't necessarily mean you would lose any coins, whereas if you are hacked that's a different story). I ordered a ledger nano X but it seems that the exchanges are still the way to go based on probabilities. What are your thoughts?
Exchanges = risk of hacks, it is out of our control.
Cold storage = risk of losing funds, it it in your control.

The way I see it, cold storage is the better alternative if you can trust yourself enough to safe-keep your own key phrase much like the safe-keeping of your log in details to your exchange. It is no brainer - really  Smiley

116  Economy / Gambling / Re: Friends.Casino - Industry leading vip program and social network! on: November 15, 2021, 11:17:48 PM


As for your other question, KYC is not required for playing and registering, however it is a MUST if you withdraw funds. If you attempt to withdraw without being verified, you will be notified about it.                              
So KYC is mandatory. You can't say it's not, don't you think people are just depositing and play without any withdrawals?
Just say KYC is needed in order for the player to play and withdraw the account balance.
Pretty good website though, I see it improved.

This practice for KYC being mandatory when withdrawing is the norm in this space. There aren't too many casinos who don't verify their customers on withdrawals even if it is all accumulated from faucets.

What I'd be surprised to see is ask for KYC to play. Some casinos ask that but there are plenty that don't. So, there's more choice here but not on the above topic.
117  Alternate cryptocurrencies / Altcoin Discussion / Re: How you deal with your emotions after losing a lot of money on rug pulls? on: November 15, 2021, 09:04:45 PM
honestly it is very upset and downed my mentally but nothing i can do if facing this situation because this is the main risk to joining at crypto world especially if we play at meme coins because rug pulls currently were dominates from those coins but regretting cannot give my money back so make it as valuable experience to avoid that situations repeatable

Not much of a dealing with. It is upsetting and devastating but one has to have the willpower to move forward.

It can only be a hard lesson learnt. There is certainly no point losing your sanity over something like this. You can make more money but you can't recover from a dark state of mind, or the worst case scenario...
118  Bitcoin / Bitcoin Discussion / Re: When Religion and Finance [Bitcoin] Overlap and Clash on: November 15, 2021, 08:26:03 PM
The overlapping of religion, especially of Islam, and finance is actually murky.
Agreed, there are too many convolutions. Because of this, it will be difficult for Islamic countries to look at cryptocurrency in the same way as they perceive fiat, especially when the term 'cryptocurrency' can be associated with wrongdoing (that's of course not to say that this is not the case for fiat) is just that crypto is often vandalised as the 'bad economy', with fiat that has been used for thousands of years being preferred.

Quote
Pertaining to cryptocurrency and its emerging characteristics and features, there are contentious issues such as lending, staking, volatility, HODLing, and so on.
These actually extend to any financial activity other than work itself, and even then the term 'work' is still left to be widely interpreted...
In the end, it seems to me to be down to the individual to choose what they feel is appropriate for them
119  Bitcoin / Bitcoin Discussion / Re: We need a movie about Bitcoin on: November 15, 2021, 05:44:07 PM
I think this is the best time to do a movie on this it could be a short play on the economic and political struggle Bitcoin has experienced in the few months. Maybe starting from it's origination that's where it all began then advancing to the success it achieved stating the various level it reached and it's all time high(ATH) then the recent challenges facing Bitcoin and possibly the future prediction for Bitcoin. I guess it would be a wonder play if professional actors and actresses take part in this
A move is inevitable! There are already a few documentaries about Bitcoin and so many podcasts etc.

From a movie point of view what would be crucial is the storyline.

How is the director going to portray Bitcoin? If one movies is made, another is banned to happen and there might a mix of the two ends. Either way, the light in which the story will be told will play a major role - we'll just have to wait and see what that storyline is going to be
120  Economy / Trading Discussion / Re: cryptocurrency trading is safe than forex trading on: November 15, 2021, 03:07:10 PM
Yeah in the bull market everyone is going to take advantage of it, in both spot forex and crypto markets prices keep climbing so chances are high traders will complain about the poor market performance. The bigger the trend is the chances of making quick gains goes higher. The forex market is low volatile compared to crypto pairs btw.
I don't think crypto trading can be considered safer than forex trending for a couple of reasons.

First, the volatile nature of the markets means that one wrong move can lead to chaos.

Second, forex trading can be advantageous during a bear market. So to me it feels like the two are a pick and choose option, and can even work together to unlock the most opportunity across all trading fields.
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