Its quite frightening how the government has the ability to spy on anyone. They pretty much have unlimited power since they are tied in with internet providers and companies like Facebook, Google, Apple. I think the entire Facebook hearing was just a public facade, anything you post on the internet gets stored in a database and is never deleted.
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Right now I think bitcoin is the opposite of a bubble, it is very undervalued in terms of what it will bring to the global financial system. As it stands right now, the total marketcap of crypto is only 210 billion, that is extremely small in terms of global monetary supply. If bitcoin just manages to capture 10 percent of the monetary system the eventual marketcap will be in the trillions.
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I'll apply for the hero/legendary spot, take a look at my posting history to see if I'm qualified. Ill provide my information if I'm accepted.
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You should use a hardware wallet when using myetherwallet if you want to be 100 % safe. If you are using myetherwallet by entering your private key make sure to double check you are on the right website! The URL should be verified and make sure the domain is exactly the same. Once you have the right website make sure to bookmark it so you don't end up on a phishing site in the future.
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The same goes for anything, some people enjoy something while others hate it. A lot of people in America think football is boring because of the low scoring games that often end up as a draw. We all have different interests and that includes gambling. A lot of people like to dismiss gambling as a bad habit before even trying it. As long as you have a good time it's worth it even if you lose.
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People don't have to understand BTC to be able to use it. How many people really know how their phone works, how the internet works, or the engineering of their own car. Anyways, I think bitcoin is really easy to use for a first timer, I had no problems showing my family members how to make bitcoin transactions.
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Probably, they are going to sell gold from the reserves at a good price and buy crypto instead? ))
Why would they need to do that when they can print currency? Cant print gold. People often forget that new gold is being mined everyday. The annual inflation rate of new gold found is only around 1-2 % but we shouldn't pretend that gold is deflationary. I believe America got off the gold standard when they realized they couldn't manipulate the economy unless they were detached from the gold standard. Now they can type digital numbers into their computers at will and create as much currency as they wish. The current economy runs off debt and without it everything would collapse.
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I can stop whenever I want but I'm not influenced by other people. I try to enjoy my life and do what I want and don't care how others judge me. We only have one life to live so might as well enjoy it while were still alive. Sometimes I'll go long periods without gambling if I'm really busy working on other projects and sometimes I'll gamble everyday if I have nothing else going on.
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There is a limited supply so I only would want to own a small amount 5-10. It would be more fair if everyone was able to own a small amount of bitcoin instead of it being concentrated in the hands of a few whales. It's funny how many bitcoins were lost due to carelessness, back in the days when no one really thought bitcoin would amount to any serious value.
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I'm a newbie and have been into crypto for a couple of months now. I must say the advice from other members about not checking trades too often is very good. One can become obsessed with it, and I think the thrill of the "win" can be quite addictive. Similarly that depressed feeling when the world is "red" can be deflating as well. There must be a "happy" medium, if one is to maintain a balanced life.
That is true only if you are an ordinary hodler. But if you are a trader you don't worry if whether the market is going up or down, you are making money on every and each move of the crypto. That's the beauty of trading. But on the other side there are not so many successful traders who can accurately predict the moves of the market. Personally I try to diversify between trading and hodling)) Most people can't successfully day trade, its basically gambling and should be treated as such. I know some people can do it but they have large funds and usually have insider information. Crypto and technology in general can be very addicting. I always make sure to set 1-2 days out from my week to go outside and enjoy nature. On those off days I try to limit my computer usage and give my mind a break. Crypto world can be both depressing and exciting at the same time.
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That's the beauty of smart contracts. You don't have to trust another party, you simply have to trust the code. These type of contracts have a lot of use if you want to bet against another person instead of a casino. I don't have any experience with these type of contract bets, I've only used traditional bitcoin gambling casinos but I like to keep up to date on anything new in the crypto world.
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Lol, I consider bounty hunters as one of those with weak hands. As a bounty hunter myself, I know a lot of us are weak, though I consider my self as the opposite. Bounty hunters are the main reasons why price drops as soon as a coin hit the exchanges.
The project was already going to fall , you can't blame the bounty hunters for crashing the price when they usually only get 1-2% of the total supply. The coin was a failure from that start if that much volume can make the price plummet. Bounty hunters seem to have the weakest hands from what I've seen, they are usually impatient and don't have the long term vision needed to be a successful investor.
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Never put your eggs in one basket. Spread your portfolio in bitcoin, stocks, and real estate. If you find the next hot market for real estate it can make you a fortune. If you bought real estate in London or Dubai 20 years ago you would have made a very large return on your initial investment.
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Well this is the nature of capitalism, owners make money off the backs of hourly employees. I'm in favor of more socialism and less unregulated capitalism. Companies make the laws by lobbying and get whatever they want.
The wealth inequality is very alarming and it will most likely lead to a revolution someday when poor people can barely afford to survive and CEOs are buying their 5th yacht.
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Most interesting altcoin so far for me has been ethereum. Ethereum has practically taken over the smart contract space and ICO investment has been hosted more than 90% of the time on ethereum platform!
It will be interesting to see what happens when Ethereum goes proof of stake. It Looks like the development team is working hard on casper and sharding, should only be a matter of time before the update gets rolled out. The price will see a very nice rise once this occurs. I'm going long on eth at the current price.
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There may be a few strategies that give you a slight advantage but it mostly comes down to luck. Everything in this world comes down to luck : Where you were born, who your parents are, good health, and gambling.
However I would make an exception with Sports betting and Poker. These require skill and knowledge if you want to be successful.
Games such as roulette, dice, blackjack, craps, slots, etc all come down to luck and there really isn't anything you can do to boost the odds.
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Definitely agree, there's nothing such as risk free investment, bitcoin could go down in months still theres hope when it isnt any ordinary sunset industry. Suffered more than 50% lose but I guess thats how a bad exit affect, nevertheless I would definitely continue investing in cryptocurrency
There is no investment that is 100 % safe. -The stock market could crash -Housing market could collapse again -You could put your money in bonds, but what if the government goes defunct -buy gold, but what about security and it may get stolen
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