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June 22, 2021, 10:43:40 PM *
News: Latest Bitcoin Core release: 0.21.1 [Torrent]
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1  Bitcoin / Bitcoin Discussion / Re: Mind-Country-Bitcoin. on: Today at 02:50:13 PM
Idk, we canít ignore Elon ever again because of his activities market can make mega moves.
Iím afraid/excited in the current diluted market he may come in hot and move it in some direction. Hopefully this direction has to be upwards.

I think Chinese can only be beaten by Elon in the current market considering no other billionaire has time to tweet about market and move it.

The mind is bending because of both but one could be saviour and other could be destructive in the current scenario.
2  Economy / Trading Discussion / Re: Excessive stimulus and devaluation of dollar gave bitcoin and gold their appeal on: Today at 02:18:51 PM
Though Iím one of the guy who always believe in hodling still Iím worried a lot right now after seeing such huge market crash.

The news like above is something I want to hear and read right now to keep myself away from the sell button. Honestly I have invested heavily when the prices were up by 10-30% of the current prices. (Whole portfolio on an average).

So if it drops below then I would be little more worried now.
3  Economy / Economics / Re: Xi Jinping Beats Crypto, Bitcoin Mine Closes on: Today at 05:16:43 AM
This guy is getting used to bullying people who are engaged in this industry this is really unfair considering how these people are only doing their best to earn money without stepping on anyone nor doing anything bad like scamming other people. If china decide to continuously allow such behavior from a leader, there will be nothing in good in store for this country and their people in the future. China eill get left behind and quite far at that.

Yeah man they are like devil's of the era. Don't know why but starting from the covid outbreak to booming the medical equipment industry and now closing the bitcoin operations all connections are linking to the China itself and they are real villain here. There is only one output and they want to become more trillion dollar industry and want to overcome the industrial era throughout the globe.

I dont think that they will be left behind as you stated, because it's other way round. We need china market more than anything right now. This is all artificially created need by them.
4  Economy / Trading Discussion / Re: Trading futures without knowledge of chart patterns, is gambling not trading on: June 20, 2021, 05:45:38 PM
Futures and options is way way different than just trading or gambling. It faith is entirely based on the how the project is performing. In real world when we go for the futures then you have to study entire business of that company and learn itís near future indicators.

With lack of information things can turn out badly. They do have bigger commissions but the risk involved is top of the line.
5  Bitcoin / Bitcoin Discussion / Re: What happens if the internet goes down? on: June 20, 2021, 11:55:00 AM
Yeah apart from understanding how the internet is downside of bitcoin we could have another possibility in this scenario. I know happening of this will take lot of development but it could be a minor upgrade to the current tech. Assume that we have day to day wallets and we are able to scan the QR codeís or paste the wallet address of other peeps. The application should scan the address, we will enter the amount and send it to the opposite party by means of NFC, Bluetooth connection or Airdrop for that matter.

Receiving wallet will consider this as received and amount will be deducted from our wallet. This all acts will be stored on the phone in offline manner in a packet of data (may be a offline seed).

Once we get analogue signal or may be Internet it will be synched and whole chain will be corrected with the new nodes?

Sounds to me very poor idea but I think analogue signals still be operational. Because it has got nothing to do with internet. (Analogue= Cell tower, radio signals and may be satellites for oversea transaction).
6  Economy / Gambling / Re: | Crypto's Most Rewarding Casino 👑 on: June 20, 2021, 08:27:29 AM
Just noticed, there are now live challenge on X-Roulette (not sure it's from Rollbit or from players)

Real Crazy Challenge if you ask me LOL. Most of the current active challenges has nice prize but the min bet is also big. I have to say that those challenges does not worth the risk especially the challenges created by user "Razer". I believe that only whales who will be able to get the challenges but I do not even think that whales will play to hunt the prize of the challenges.

No way I am gonna try this.  Grin
At the time of reading only I went through my imagination hat and looked into the future what it would be when I create a challenge and somebody really hits that shit and drain all my balance. Lolz.
Moreover, even if I play this game straight for 24 hours then also I would not hit that high multiplier because I know my luck. It's worst when such challenges are up. Already lost much in the multiplier competition in the games and rounds.
May be winner of those contest should try this one. They will be rich for sure.  Cheesy
7  Economy / Services / Re: | Meme Competition ~ Create a Crypto themed Meme and win $$$ weekly! on: June 19, 2021, 05:35:49 PM

Rollbit Username: so98nn

A) Every Crypto Investor

B) High School Crypto Fever Tongue

C) Elon is Typing . . .  Cheesy

D) Crypto Crash survival

E) Bitcoin - The Sassy!

F) Crypto Hodlers

G) Crypto Lovers

H) ATH buying mistake

I) Happiness

J) DOGE Investors right now Tongue
8  Economy / Gambling / Re: | Crypto's Most Rewarding Casino 👑 on: June 19, 2021, 01:30:01 PM
The tension from these trading games is the same as trading on the exchange because it uses real money.
I've tried several times but it really doesn't work as expected, I amazed with players who are able to generate ROI up to thousands of percent from trading games.

Exactly. People are putting the multiplier on the red side (nearby x1000) and still winning. It's almost impossible to win at x1000 because the Bust price is too close to the current price.

Just for fun I tried it 6-7 times but always lost it. It was funny to even try because we always get busted at it.  Tongue

May be those who gonna try it out should start with green zone only.
9  Economy / Gambling / Re: | Crypto's Most Rewarding Casino 👑 on: June 19, 2021, 12:46:58 PM
I am loving my journey on the rollbit so far.
I love the X-roulette game of Rollbit and it's because I have been lucky enough to get good winnings from this game. A big thank you to Rollbit team for making such an amazing game.

I kinda like the Trading game too but it has to be played with complete strategies and alertness. The Bust Price matters a lot. No matter how up or down the prices might be going but there could be a matter of seconds when your ticker can touch down the bust price and then revert to other destination.

It's both scary and exciting to watch it and obviously play it.
10  Economy / Trading Discussion / Re: Behind these major sports, there must be some unstoppable force. on: June 19, 2021, 08:30:46 AM
yep , i am on it , i just stay away after big correction until now , just tethered everything to usdt, lately i just heard news about someone on bitfinex shorted btc with almost 1 billion, i wonder if it come true.

Dam are you serious right now? Correction of 1 billion dollar can put us all the way down to 3-4K USD less the current price. Crypto is really getting scary right now. I mean all the money that goes into drainage right now is ours!!

Iím already trading around -10-15% of my original portfolio. I tried to buy more as the correction happened in the hope that we will have up surge soon. However it seems we gonna have to wait for another 6 months before some good news can come up in trading world.
11  Economy / Economics / Re: Bulgaria Government Shocked To Discover It Owns $3 Billion In Bitcoin on: June 19, 2021, 05:03:03 AM
I think government from single country won't be able to shut down the bitcoin throughout the globe. All they could do is shut the operations within their country itself. Bulgarian Govt. is stupid if they really seize the bitcoins and do nothing about it. They can literally put that money into their own banks and have contribution in the country. Well surely that's a money laundering but they should understand that holding that much bitcoin in the cold wallet will help the bitcoin community to move faster since it's locked up supply and inaccessible to the public or rest of the investors.
So 3 billion less is 3 billion purging for the BTC community. Idk, demand and supply guys, that's helpful. We should take a movement to thank Bulgarian government for holding these coins and not selling them. Hope you understand where I am going with this.  Cheesy
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin and CO2 emissions (Should we care?) on: June 18, 2021, 08:55:08 AM
Ideally there is no need to have war over this topic in the media, social platforms or forums because if we start comparing the list then we will know how every stuff affects the carbon emission and also affects the ozone layer and thereof leading to the green house effect.

I mean since the Industrial Revolution happened there is huge spike in use of transportation whether it is ground or air or ocean every engine is responsible for the CO2 emissions. Well nobody said anything about it?

If we start then we may need to shut down the F1 racing for that matter, or may be stop cutting down the trees for making house, furnitures and what not?

Come on, this is taught in the schools man.

And suddenly they call it after effect of Bitcoin Mining. What pity mercy on the earth.  Roll Eyes
13  Economy / Service Announcements / Re: Cryptocurrency trading at Forex on: June 17, 2021, 06:48:11 PM
You did mention advantages and then I was looking for the disadvantages of the same. However it seems you only love forex trading with cryptocurrency. Well, I have little bad experience with such platforms unfortunately and would love to share in short. The thing is, forex trading will allow you to make quick trades from 15 seconds call/put to futures and options method and by using the crypto pairs itself or based on the crypto TA. However, due to high volatility there is lot of chances that you will end up loosing money. It's terribly difficult to predict this market for the short trades and one can end up loosing all the balance like me!! Obviously market exists, people will come and invest in it all the time. So do it but be responsible and know when to stop.
14  Bitcoin / Bitcoin Discussion / Re: Honest questions on how inflation/fed/interest all plays into Bitcoin? on: June 17, 2021, 12:05:51 PM
Itís about the time when we will see more and more people coming into bitcoin and putting their money into it making it solid hedge fund ahead. Idk, but itís more safe investment than any other hedge investment out there. It will always return its value no matter what because of its ever increasing demand and obviously reducing supply.

May be people wonít realise this just now but after 8-12 years when it will have 2 more cycles of halving.  Smiley
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run? on: June 17, 2021, 04:02:50 AM
The guy is either confused all by himself or may be he is just pretending to be one. The thing is, his tweets are not powerful these days and this observation is based on the recent tweets regarding bitcoin acceptance. With couple of thousand rise in bitcoin price means nothing to the market.
Elon's tweet should have made the market go up by as much as 30-40% market value.

But, now a days; it's just dust and nothing else. See it to yourself and then you will realise people dont follow him much. He broke the trust already.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Polkadot [DOT] is a bad investment because it has unlimited inflation! on: June 16, 2021, 01:40:22 PM
Ethereum also has unlimited inflation for now.
10% per year is not critical, given that more than 300 projects are already being tested in this ecosystem.
Inflation can be reduced if the community decides to lower the staking reward.
Endless inflation didnít prevent even Dogecoin from making X100 Smiley

That is good point. That is how crypto space can surprise you. Who knew DOGE would have market cap of multi-billions though it has unlimited supply. On the other hand the project of POLKADOT does states that it would 10% max if the staking limit reaches to 50%. This must have been set to balance out the whole ecosystem. Otherwise anyone staking beyond that could control the market IDK (?).

True about ETH as zasad@ suggested up here. If the coin has utility, then it will work out the math automatically.
17  Economy / Trading Discussion / Re: - - BITCOIN - Smooth Trader :-)) - - on: June 16, 2021, 12:39:33 PM
Careful analysis always lead your path towards astounding trading.
However my experience is not that amazing or may be I need to learn more basics of TA. I have always ended up in over buying a stock at wrong time. I mean either the entry would have been at higher price or may be I sold too early even though my candle reading stated itís time to sell. Lolz.

Obviously my analysis could have been wrong or may be itís the higher volatility of market which is not making it right all the time.

Blind trades are horrible so anyone new here must learn basics first. Otherwise just buy at low rates and hodl them until years to come.  Grin
18  Economy / Economics / Re: Money and happiness. on: June 16, 2021, 12:01:18 PM
If you guys asks a poor man what he seeks then he would say daily food, wanna fly like rich, have five star hotel buffet or may be spend vacations over beach side.

If you ask the same question to rich person, he would say same thing same life and most importantly he would say he want to expand his businesses and money!!

If you want all these things, Iím sure we need money.  Wink
So itís self assessment really what we want and whatís the definition of money.
19  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be the biggest bubble economy in history? on: June 16, 2021, 09:59:48 AM
Moreover, bitcoin simply has not achieved it's true value yet. So many corrections are already happening which means bitcoin is still in search of it's own valuation. Let me guess, this is never happening? The four yearly bitcoin halving, miners rewards updating each time, global acceptance in the future, bitcoin listings on the share market, so many factors are there which defines what will happen with the bitcoin.

I don't think bubble economy applies to the Bitcoin asset. It's volatile, uncontrolled, the money keeps coming inward and outward all the time. There is no fix asset valuation in this case, so may be bubble economy won't even apply to it.
20  Bitcoin / Bitcoin Discussion / Re: With El Salvador and now Tanzania adopting Bitcoin 'as a currency' - how is this on: June 16, 2021, 07:33:44 AM
Yes, they are using Lightning. Here's a short clip of Peter McCormack(who shouldn't be anyone new to you if you listen to podcasts), paying for a coffee using Lightning:

I liked this one. It was so smooth. They are surely using the lightening network since it was so instant after he scanned the QR code. Im not sure why this is not in the news like Elon Musk's tweet stories??

Is it because he is just not that famous or not a billionaire? Because common people transactions like this are very inspiring. On the other hand if we look after Elon's strategies, then he is just mentioning his plans in the Tweets, but no actions on the same.

But this Peter guy, yeah, that's how you publicise the real commodity.
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