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341
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Economy / Economics / Re: What language should I learn next?
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on: August 20, 2018, 06:20:42 AM
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I prefer Chinese language than Japanese. Why? because when it comes to this field or I could say in "Investing" Chinese is one of the big player. As my perspective base on the demand of it. There are many people here want to learn this language because majority of our successful establishment owned by Chinese. By the way my country is Philippines.
It is important to first realize the countries that are in power and developed. Like you have said, learning Chinese can be very helpful. All those countries which are far ahead in technology and economy should be the target as these can brighten one’s future. I would suggest Japanese because Kanji script is part of Chinese too and a person can learn two languages at a time. |
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342
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Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful?
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on: August 20, 2018, 05:47:50 AM
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This and other questions are part of a questionnaire that we, a research team from the University Institute of Lisbon (ISCTE-IUL) are doing. It seeks to understand the drivers' usage of cryptocurrencies by the end user such as you and me. Considering 10 different dimensions, from perceived usefulness to privacy to profitability, among others. It takes on average 3 minutes to answer.
Here is the link for the questionnaire: https://www.surveymonkey.com/r/cryptocurrencies_usage More details if you want to know more about it:For this, it was created a questionnaire with Likert type scale questions. These dimensions will then be used to construct a model, based on the traditional Technology Acceptance Model (TAM) developed in 1989, and some others developed afterwards, but with more adapted to the cryptocurrencies ecosystem. Then it will be done some data analysis and compilation of results. This questionnaire has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addresses in this questionnaire, such as decentralisation/government influence, that may be addressed in the future. After analysing and publishing the thesis and papers I will post on this forum with infographics and the most important conclusions of the study. There are no open questions, but you can post here or message me about this. Thank you for your time! Best Regards, The University Institute of Lisbon research team I use cryptocurrencies in my everyday living. Having it would be a better way to transact faster and easier. It is where I pay my bills and where I buy electronic load. Crypto plays a vital role in my daily necessities which makes things more convenient for me. I would love to have it all the time to get have a hussle free living. We need people like you brother. Most of us have made this world of bitcoin only as earning source. People don’t use it as it is made for being used a payment method throughout the world. People don’t use it for business purposes and to fast the communication and transaction world. Rather it is being considered as source of income and people are earning from it. |
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343
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Economy / Economics / Re: Simply predict the future of bitcoin
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on: August 20, 2018, 05:11:46 AM
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The future of bitcoin is positive: bitcoin value is down from time to time. It's a common situation in a market in a business. However, bitcoin is the nucleus in cryptocurrency. Everyone investing in bitcoin has a really good future.
Yeah this is just a normal scenario with bitcoin. People are just panic selling right now and they are losing their money themselves. This is actually a game plan played by whales. They start a disturbance in market, this trigger panic in traders and hence this chain continues on and on. We have to keep our minds strong and believe in bitcoin that it will last for long time from now. |
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344
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Economy / Trading Discussion / Re: Thoughts on Straight HODL vs Trading
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on: August 17, 2018, 05:53:18 AM
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Always applying the same strategies is bad for efficiency. The same strategies are not always applied. Sometimes you need to go for a strategy change and that change increases this gain and efficiency. This situation saves you from entering the loss and the situation I'm talking about is viable for nowadays, the market is so unstable for right now, therefore I suggest you do hodl for now.
I have seen this comment many times now and I think that depending on any bot is not a good decision for a trader. It is good to have computers doing task as these speed up our work but trading needs not to be done in a hurry. Besides, nothing on Earth can really compete human brain. Bots do not have intuitions and IQ like we have. This is another form of digitalization, but I think human brain made computers, computers didn’t make human brain. We are always more active and accurate than these computes. Although they are much helpful to human race but still we must do something on our own that is the only way for becoming successful. They are programmed and can’t go outside that boundary. |
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345
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Economy / Trading Discussion / Re: Which is profitable coin?
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on: August 17, 2018, 05:17:40 AM
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if you research about the coin you would get a lot of profitable coin at once.the price of those coins are also low now because of the bitcoin price. So its good moments to made investment that profitable coin. I invested a lot of my asset in Strat,Waves,Steem,Ltc and Decent.
On causal basis, just consider a person who is interested to build a shop of gold and ornaments. Now what he must do? To think about how to make that shop or to research about what are types of gold, the market, the customization and different stuff related to gold. Likewise, here in gambling, everyone needs to graps most of knowledge about coin they are going to invest in. |
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346
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Economy / Gambling discussion / Re: Life with a Gambler - Solution!
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on: August 15, 2018, 06:13:39 AM
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I don't think gambling should be called a addiction it's not something bad or horrible as it's always is portrayed. Not all our alike, not even our fingers are the same size, each one finds a different passion which keeps him sane so I would call it a passion, i believe each person is sane enough to decide for himself, and so I feel each one can make his own choice without being subject to humiliation.
Only people who do not have a future will consider gambling as an interesting thing. The fact that gambling is a bad thing and has no benefits. As people who want a much better future, we must try to leave the gambling game in the fastest possible time. Indeed, for me, gambling is a worse way to earn a profit and to have fun as well because how will you suppose to be entertained if you are frustrated from losing isn't? And how you can say that is one of the ways to have income if you are always loosing? There's a low chance for you to win in this way, and if you won then I can say that you were lucky enough. But don't get used to it because every time you play the more you come to your worst scenario. Gambling is really not a good way to earn money because no matter how many times you would win you will end up losing. It depends to the person if he/she enjoys gambling because there are still people who don't get frustrated in losing in gambling because they are already rich. No matter the situation, you should never consider gambling as a good way to earn. Probably people tried gambling because they never know where to start. I'm talking about people who have not yet understand how to earn bitcoin etc. Probably the rich are the ones who really enjoy it but sadly, they are the ones who easily get addicted. Don't you think so too? This is a delimit that we don’t want to leave this gambling thing. Most of the times when people think they must earn money and need some good earning source, instead of joining bitcoin world, they mostly prefer gambling. Why this is so? Because they are greedy. Their greed took over all their mind capabilities and assign it to go for such easy earning money source. |
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347
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Economy / Economics / Re: Musk is doing the right thing.
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on: August 14, 2018, 07:14:11 AM
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I agree entirely with Elon Musk taking Tesla private for the reason futures trading gets blocked. I wish there was some way to ban bitcoin futures trading.
According the the wikipedia it seems clear that the tulip bubble was killed by the Dutch start of tulip futures trading. Heck the tulip bubble might have been created for that purpose, busting it.
The wikipedia says that the Japanese then took the futures idea and used it to provide a guaranteed rice income to the Samurai. The Samurai had an annual rice payment that sometime suffered from poor harvests and the elite Samurai were then protected.
Futures trading seem to steadily pump wealth out of whatever it subjects. If bitcoin futures trading guarantees a btc income then the pumping out of wealth since bitcoin futures start is explained while the rest of us see a guaranteed downward slope. And the fantastic blurbs about how it can reach astounding heights are bogus to keep us from bailing and keep holdrs put.
What would the stock market be like without futures trading? No betting against? They'd have to struggle to find which will be the best above others. Betting against what they can manipulate would not be an option. When the whole stock market drops they'd see no profit in it.
I see the downward slope of bitcoin value is again steadily down as it mostly has been since 12/17/2017. But there are up jumps! Still, the wealth is getting pumped out or put back in at a lower rate for many more btc. The transfer of wealth to the futures traders.
Meeehn… what is even a future trading? Do you mean the regular trading we are doing every day or what? 🤔I don’t know for sure but whatever the so called Musk was doing was for his own gains or a way for him to boost his company’s business and help things move smoothly. I’m okay with what I’m doing I can’t go for it though… |
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348
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Economy / Economics / Re: Will crypto solve socioeconomic problems?
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on: August 14, 2018, 05:47:07 AM
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The crypt can solve many problems right now, but no one wants to connect it to the system.
It takes time. Everything that has good effect in its roots have long times. The systems we have right now in different regions of world, they all came into existence after long hard times. Things don’t just bubble out in such short time rather this always be a long and time taking. For bitcoin, we have to make a pipeline that will transform our lives into a life amalgamated with bitcoin. |
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349
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Economy / Economics / Re: Taxes and regulations
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on: August 14, 2018, 05:05:09 AM
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Honestly as what my opinion all about that in terms of online income which is bitcoin the taxes is not necessary because it can minimize the people to joined.Unlike regulation that it is important that many people followed the rules to make the system stronger.
I think we should start making it stronger slowly and gradually. There are people who favors bitcoin and its regulations and there are some other groups too who opposes this with much aggression. So better is we would let this matter to be solved by governments. Although we couldn’t just hope better from our politicians to think positive about us but still, let’s hope. |
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350
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Economy / Trading Discussion / Re: Learning Crypto trading as a beginner
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on: August 13, 2018, 06:29:30 AM
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It's true that trading crypto is easier than forex stocks, bitcoin can be done anytime without holiday time like forex that follows the working day, and bitcoin can be done with small capital without fear of losing spare money like margin forex.
I highly prefer trading in the market more than investing into forex stocks because you can earn more profit in this way due to the cryptocurrencies market volatility. Learn the basic skills to stay and survive in the crypto market as those crypto rules and skills will make you a best trader so do not stop to learn more even perfect traders can face with future complications so they have also not to stop learning more. Now traders know that buying coins on low price will benefit them for which they hold after buying it for they are to touch their profits. |
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351
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Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin?
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on: August 13, 2018, 05:54:18 AM
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Of course that depends on our ability. With important notice that we also have to calculate the possibility of loss. I suggest you consider carefully, because investing in Bitcoin must take a high risk, you can suffer heavy losses if the decision is wrong.
Now if you invest in this current market you will get benefit of it in terms of getting coins in more quantity due to the low price you will get more coins. There are no assurances about the future price that can fall again like we noticed that the price is constantly shifting between 8.5k dollar and 6k dollar. The wise strategy is to invest in order to get more coins and to hold for future benefit. |
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352
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Other / Archival / Re: Do i need a license if i want to create a crypto gambling site?
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on: August 11, 2018, 06:31:17 AM
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If you are "targeting" Denmark players, you register a company in Malta and run the site from there. Check what all the danish casino sites are doing. A bunch register company in Malta to pay 15% tax on revenue instead of 45% in Denmark. They still pay tax on Denmark players with the Danish license but not taxed on other countries players at the Denmark tax rate. Every "legal" online casino in Denmark has a license with Spillemyndigheden though. You may not be allowed to get a license with just crypto if you want to be a Danish casino, lots of rich companies avoid that license cost and Denmark - it is high license cost. The "dodgy" way is to get the curacao, Khanawakee or Antigua license and run casino from there. Can target any country but the people behind the casino have to hide basically because those countries regulators will want to know who is offering illegal gambling in their country. The "legal" way requires a lawyer in every legislated jurisdiction to make sure you are complying with the license requirements there. That can add up with Italy, Spain, France, UK, Belgium, Germany all having different regulatory requirements and licensing rules/costs. Then there are the US "state" licensing laws.... It is a rabbit hole once you start offering online gambling, this is why we are currently in a "fight" with an ICO that knows nothing of legislation worldwide here https://bitcointalk.org/index.php?topic=4691540.msg43725038#msg43725038thank you so much for the input. yea my plan would be to gather funds thru an ICO but i want to have all my facts down before i even start that. if i do anything in the crypto scene i dont want to be a scamquitter like so many have been before . Oh you want to ICO huh? Shameless plug, we hate the scamquitters, glad you don't want to be one... https://www.cryptogamblingsites.com/crypto-news/the-ico-scam-blueprint/i don't want to tarnish my name in the crypto scene. i would never just take peoples money and say "sorry dident work my money now" Edit: what i mean by that is. if you get known as the shady guy or scammer in the crypto space you will never find any reputable work in the space. and i would really want to avoid that. I think I found a sensible comment after a long time. Really this is what I want to say. Why we prepare a pool of stupid people who lose their money and this all happening according to plan. Why we take their money and tell them to try it again as good options are there too. I can never be a profitable person by making other lost and investing on their money to become successful, no. |
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353
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Economy / Gambling discussion / Re: Win on Horse Racing
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on: August 11, 2018, 05:59:33 AM
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In my opinion, the odds of winning on horse racing is possibly quite low because one has to have a substantial knowledge about the game, horse and rider altogether.
Horse racing is a very difficult sport to predict, not only you have two different actors, in the form of the horse and the rider, but you need to take into consideration the weather, the conditions of the track, the position from which each horse starts the race, their previous results, the distance and even more difficult factors like where the horses are in terms of their peak performances, and at the end you need to process all of that information and put it in regular odds to try to determine if you are being offered a good deal in terms of odds by the casino, and you need to do all of that only to have a decent chance to win. Prediction of anything is not easy, for that you have to have good experience, hard work and to study a lot. I think that horse racing is difficult to predict not impossible. Of course it is not easy but if you work on it very well, you can make correct predictions. Horse racing isn’t much harmful as other games like dice and poker and many more. But there are risks too. Now don’t just say here risks are always around you. I agree with it as well, but we must be dealing with risks that leads us to better ending. Not like gambling where we know it very well to be a loser in coming few hours. Better to choose a good way of risks. |
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354
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Economy / Trading Discussion / Re: Big gains come with big losses
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on: August 08, 2018, 06:20:44 AM
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the world of commerce is always like that, if you want success the road is definitely not easy there is always a loss in every process. that is the law of defense
The risk in the investment cannot be avoided but it can no doubt be reduced by investing in the right asset and managing risk. Having said that, you will not face big loss and can make big money but that further depends on your production scale and involvement of technology if you are dealing in the traditional market and on your business plans and your term of investment if you are dealing in crypto market. So it is not necessary to loose big to earn big. |
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355
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Economy / Trading Discussion / Re: Right time to buy a lot of bitcoin.
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on: August 08, 2018, 05:48:19 AM
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Now is the time to buy the best altcoin, in my opinion should buy ETh now, because the ETH price is going down and we should focus on the holdings will be better
That is also a profitable investment because ETH has gotten great potential and it might rise high in future so investment right now will pay off in future. But Bitcoin investment is much more profitable than that of ETH right now because we have rising price in Bitcoin market as well as a stable price. Momentary fluctuations are for the time being and should not discourage the investment in Bitcoin or any other crypto currency. |
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356
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Economy / Speculation / Re: Bitcoin Up and Down Movement
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on: August 07, 2018, 05:18:20 AM
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If it goes up directly without ever dropping than we will miss chances to buy bitcoin cheap. Being at 5.8k levels means we had chance to get bitcoin when it was cheap. However people keep saying "I wish I bought bitcoin back when it was cheaper" and yet not buy it when it is 5.8k and be scared. If you want to buy bitcoin when its cheap, buy it. If you are scared that it is going down and will die slowly when it is 5.8k than you probably wouldn't buy back than as well.
This is right and it is okay if there is up and down movement in the market price of Bitcoin. The market has a dynamic nature and it has inbuilt ability to move back to equilibrium as well. Besides, the rise in the demand for Bitcoin just because of the recent price appreciation and price stability is more than good and the inflow of money determine the status of a coin in the market which in other words is the number of investors willing to invest in crypto. So the ups and downs in the price does not really matter. What matters is the price stability and we have had a stable price since a month. |
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357
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Economy / Speculation / Re: My prediction
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on: August 07, 2018, 04:45:27 AM
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the price of bitcoin has dropped to the price of $ 7200, most likely the price of bitcoin will drop below $ 7000. I hope there will be no more bad news so the price of bitcoin can rise again.
I normally see an element of appreciation in the value of Bitcoin after a fall and right now the phase of recovery has also started so I do not think we will have a fall below $7000 or to $7000 either. The market forces decide the appreciation in the value of any asset in the market. I am of the view that Bitcoin will cross the $10000 value in the month of August and this might accelerate the pace of Bitcoin growth as well as that of economy. |
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358
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Economy / Trading Discussion / Re: Be calm when the market falls
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on: August 06, 2018, 05:56:12 AM
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The ability to put it all together will come as a result of knowledge you have about the cryptocurrency market and your level of experience in trading and investing in cryptocurrency. It is not easy to be calm in the face of depletion of your funds!
Exactly but what else you can do besides holding your coins and waiting for them to grow again in value. This is something you have to do to reduce the possibilities of loosing money in the market. Knowledge implies when you are making a decision to invest in a particular coin and there you have to think about the prospect of future return and risk as well. Experience helps you out when you are actually thinking whether to sell or hold in the course of recovering market. |
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359
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Economy / Trading Discussion / Re: Will you trade Bitcoin to buy Altcoins?
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on: August 06, 2018, 05:21:58 AM
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I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.
It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
In my opinion i'd say you stick to Bitcoins.. its the most popular in the market now and i believe its tendency to grow more than any other coin is very high.. Altcoins may be volatile and risky to engage in A real businessman will always decide on the basis of the profit one can earn by investing in a particular asset. So if the probability of earning profit in altcoin is more than that in Bitcoin, I will use Bitcoin as money and will buy altcoin. But if it were not the case, I would certainly prefer to hold Bitcoin because of so many reasons. It is better to hold Bitcoin than to earn the money that is far less than what you can earn by trading Bitcoin at some point in future. |
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360
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Economy / Economics / Re: Different between Cryptocurrency and Banking sectors
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on: August 04, 2018, 06:14:41 AM
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cryptocurrency is digital assets stored with hardware wallets we can expect in the coming future cryptocurrency markets will be the main form of money transactions same like banking sectors
That is right about the expected future of crypto. We would have a system, decentralized, and could be use across the world in almost all the countries. Besides, it might change the banking sector to a huge extent and would affect the whole economy for the Solow growth model endorses the role of technological innovation in the growth of economy when all the factors of production are fully employed. |
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