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2381  Economy / Economics / Re: Reality Check on Crypto on: October 24, 2021, 07:49:27 AM
The reality is that bitcoin first appeared on the earth a decade and few more years ago on the earth. It's planning might have started way before that so that the inventor was busy coding the blockchain and it's logics. Ideally it started, and it never looked back to this date. The reality is that, there is more than trillions of dollars which are being spend on the blockchain and the enormous volume is driving the price of bitcoin to the new goal.

Now, what bunch of peeps think about the bitcoin does not matter here. If invisible reader is here to gain more knowledge about it, then read the above para twice and empty your bank into crypto before its too late.

The reality tells me, bitcoin is now way sophisticated asset than it was a year ago and it would far more lucid a year after this. So don't argue, because we would be just wasting the time and nothing else.
2382  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme Post sold for $28000 !!! on: October 24, 2021, 07:16:02 AM
Thats crazy. I still remember how I was making dozens of memes everyday to submit it into the Hhampuz contest which was hosted by Rollbit casino. Dam, why I am not that lucky enough to get my meme picked up and got reposted by Elon.  Tongue
Seriously, over all I also posted many of them over the twitter. It's unbelievable how someone's luck can change suddenly over the digital platform. I mean who would believe news like this? I mean I am afraid if I tell this to my parents they would definitely say, "how the hell you are wastage then". ROFL.

Awesome, she must be very happy with that deal. Now that meme will keep rotating here and there with even more royalty as it gets listed for 70 WETH.
2383  Bitcoin / Bitcoin Discussion / Re: Advice: 1 BTC on: October 23, 2021, 01:42:29 PM
You can do whatever you like with your bitcoin, I do not think anyone need to advice you what you should do with your money, you can hold it, spend it, use it to buy stock or anything that can increase on value if you like, but never convert your coin to fiat and hold it in bank, that is the most foolish thing someone can do because fiat do depreciate.

But this will be my advice if you want advice, if you are not using the bitcoin, then hold it and buy more, it will worth more value if compared to fiat in the future.

Exactly just hold it. In the current times when bitcoin is about to get adopted even in the real market, and already in process of ETF approval application its great idea to hold this coin and groom it for future profits. Gosh, if I had 1 BTC then I would have sold it at the current ATH and would again bought more once the price has moved down the road. Keep repeating this until you double the bitcoin.  Tongue

I would not even advice you to sell your coins for the altcoins and not even in stablecoins because that would similar to selling it to the fiat currency.
In the current timing you at least have assurance of high resistance of bitcoin to the market. Future is way bright, dont sell it. Grow it!
2384  Economy / Trading Discussion / Re: Where to spend spare change of 16 USD in BTC? on: October 23, 2021, 12:29:55 PM
Probably grab a gift card or something from Bitrefill? $16 is quite low especially knowing that you're going to need to pay for transaction fees. I'd probably just use that money to try and play with lightning wallets.

Can buy $16 worth of LTC or RVN. Pretty cheap coins. You can easily get the RVN and transfer it to any wallet or exchanger with minimal fees. I got the change problem many times. The thing is whenever I am trying to transfer my earnings from the mycelium to exchanger they will have some weird amount of btc always left behind in the wallet. So after doing research, just started sending the bitcoin only when I had larger amount in the wallet. This way you are not left with any significant amount in the wallet.

Also you mentioned you need to do this frequently so you can just send it in batches for lower fees and wont have any trouble of change. Also better switch altcoins if they are ok with it. Far cheaper and can send lower amounts easily.
2385  Economy / Economics / Re: Do you think narcos may actually be on the 10 richest? on: October 22, 2021, 03:05:47 PM
Only if illegal money is to be calculated then sure the should end up in the top 10 list. However, this also makes me think there are arms and weapons dealers, gold smugglers, money launderer who could be actually having great amount of money and assets with them.

So this comparison actually looks vague with some facts like above. I think there is no point in comparing illegal income sources with the one in the OP list. The later is genuine with products and services being run for the benefit of good human use.

By that fact, his not even on the list.
2386  Economy / Trading Discussion / Re: Do You Use Technical Analysis? on: October 22, 2021, 01:31:12 PM
Do you use technical analysis when you trade bitcoin?
If yes, what are the best strategies? Bitcoin is so volatile now.

TA is mandatory these days considering how bitcoin is working. Actually bitcoin is volatile that is the reason you should be using TA and Fundamental analysis in the first place. You will be able to judge the sure path of trade once you master in the same.

Honestly I never got the chance to do so. I am solely working with my friends to understand the bitcoins next move. Those who are expert in the field (mostly they do share market) but I take their help to predict the bitcoin movement. They use amazing theorems available in the TA methods which helps detect the bitcoin movement.

Since I’m not the direct user of the TA, but with what I saw can be done with TA you must learn if you gonna be full time trader.
2387  Alternate cryptocurrencies / Altcoin Discussion / Re: How reasonable is the long-term investment in Altcoins? on: October 21, 2021, 03:14:07 PM
Except bitcoin and ethereum I think rest of the crypto is hanging sword which can fall and cut through your neck anytime. Seriously, they have very short time span but there are many exceptions too. The alts which stood sturdy in all the bullish and bearish era are the true to be held for long period of time. However, there is but in that too. Since most of the alts are ran by smaller to mid scale team of devs, you can’t imagine when things will turn upside down. It’s hurtful, many of them after earning handsome money turn themselves into scam projects. The greed eats it all. Off course, there are always exceptions and many of them are since long period of time. Still don’t forget to question every alts.
2388  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 21, 2021, 10:51:40 AM
USER 6922573 Has Won a Lambo With 473 Tickets!

Hearty congratulations to this user who won Lambo. What a great win considering the number of ticket they had. Must be the luckiest person who entered with just 473 tickets. I am wondering what he is going to choose from the prize, lambo or cash?
I bet on cash I guess.    Grin

The winner of the lambo was a bitcointalk user, Kryptoverdienst. They weren't really active aside from a single post. He won with a somewhat small number of tickets.



[…]
That is a straw man argument. Nobody is asking them to give away 3k points per spin. It is the drastic reduction in probability, how it affects premium users, and how it was introduced without notice that people have a problem with.

I am also premium user and it was WOF which attracted me to buy FUN tokens.
The thing is we already know how free roll reward is also reduced automatically whenever there bull run in the market. Because as the Moto of free bitcoin states, “…….win $200 hourly” which means it’s always 200 bucks no matter what.

I agree they reduced the probability of win but has also increased the chances for Lottery and Lambo tickets. Some way other we Will have to accept few changes now and then.

Moreover being premium also gives you APY 25%, let’s not forget about that too.

Hopefully they will see our comments and make a good decision in near future.
2389  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 21, 2021, 06:05:51 AM
Just now realised that RP being reduced drastically on the WOF.

Hm, I think its not in our hands and also let us not forget the rate of bitcoin is also increased a lot. This could be one of the reason for reduced rewards. Obviously they have to run the business smoothly and for that they will keep the balance at optimum. Freebitcoin cant just giveaway 3000 RP = Satoshi's for every user at every spin.

They are just playing it safe. I think I welcome the decision which they have made. It is also helpful for us because this assures freebitcoin will last longer in the business.
2390  Economy / Economics / Re: A tale of the two parasites on: October 21, 2021, 05:36:39 AM
Really, the rich parasite only creates for himself, he will never do anything to anyone that does not bring him any advantage. I feel very sorry for these people and the way of life they live, it must be surrounded by illusions and lies, because in the end we all go to the same place.

Thats too harsh. We dont have any conclusive proof for everyone. There are bold rich peeps who keep giving to society's welfare and yet we are arguing on the rich peeps and their poor giveaways.

Only few of them like Ratan Tata, Ambani, Steve, Elon, Bill & Gates, Adar Poonawalla (Serum India) are constantly giving out money, food, medicinal supplies, shelter and every daily needs. They alone constitute to more than trillions of dollars giving away every year to the needy.

In the recent estimates Tata group alone give away their 66% wealth to the needy through various trusts.

I don't understand why are making the comparison of them with the parasites?

They earn it, they dont steal it. On top of that they are giving away huge part of them.

There are many wealthy peeps who are greedy and dont give away, it does not mean all the riches should be stamped as parasite. That's very poor economical ethics you are imploding on.

I mean tomorrow I might be running a business and funding some charities, so it would be hurtful to see myself getting called rich parasite. That suck.

2391  Economy / Trading Discussion / Re: Before getting into trading on: October 20, 2021, 04:52:03 PM
Considering the mega threads being made on the topic how peeps lost their lifetime savings in blink of an eye and seeking for trading help, I think you do need a lesson before you can jump in. There is no way you can have it as income source if you dont adopt plenty skills about it. Getting into trading might look as simple as buying at low and selling at high, booking the profits and done! Well, things are worst when you actually start trading. You get to see big troubles along the way because trading is huge ocean and endless tricks and tips are happening all the time. You need to understand the market in perfect way to work with it. It moves and behaves based on fundamentals and technical aspects all the time. You need to be updated with the commodity which you investing in, need to study it carefully to make good fortune.

Take the lessons before you start anything serious.
2392  Economy / Trading Discussion / Re: What is the best set up for take profit level and precentage? on: October 20, 2021, 03:47:58 PM
This kinda trading looks like new game of gambling your own money on your own game. I mean each step needs to be achieved with higher percentage of profits which seems very tough. Imagine once you earn level one % then you have to go for double the next time which means you will stake your principle amount plus profits earned. You will be risking all the assets each time.
Moreover, it’s very tough to trade like that since the crypto market is way to volatile. It can give you 10% profit in level 1, however it can take more than 30-40% assets from you in next level. Putting you way down the line. Risky bet. Must think before playing like this.
2393  Economy / Economics / Re: Will circular economy work ? on: October 20, 2021, 02:51:29 PM
I am not sure in what world I am? Isnt all these things are already happening? We do recycle, refurbish and do follow all the re-usable practices all the time since tech has gone far. I mean whether it simple waste or is it a iphone everything is reused these days. More and more economist and environmentalist are active as compared to the previous decade or so. They are very careful about the nature also. In the process most of the things are getting reused wherever possible.

Whether this is out of economical living or out of natures pride, things are as stated in the OP only. They are being re-invented for the newer usage. I think this is going on since long now and we might actually seeing the circular economy itself?
2394  Bitcoin / Bitcoin Discussion / Re: ***BREAKING *** Bitcoin ETF is approved on: October 20, 2021, 02:18:45 PM
Finally, after a long time of repeating and waiting SEC finally approved.

Wait what? The SEC haven't approved lol. It literally says in the paper: "have been approved by the Exchange for listing and registration upon official notice of issuance."

It just says that they had the go signal from Nasdaq for listing, but they'll still be waiting for the decision from the SEC.

True that. However looking at the involvement of huge number of investors after this news broke out, SEC might wanna think twice before they say no to the  approval. The SEC will see enormous communication after this because any listing company would want to showcase the instrument performance and as far as I read after ETF news bitcoin got a billion dollar trade volume in just 20 minutes of period. Also the drive continues for it. I assume this is the missing train guys who would be in que to buy further. Not sure how far this will go but with the sturdy news like this, bitcoin has got whole new milestone ahead. I imagine many billionaires and millionaires would start supporting bitcoin henceforth because they seeing a whole new era for it. Sooner or later SEC will jump in so that they can regularize it and keep an eye on who invests with the intention of laundering. lolz.
2395  Economy / Economics / Re: Steam bans blockchain games on: October 19, 2021, 05:44:51 AM
OH darn! I see it as news; Good for steamer bad for the crypto community. It’s really simple steam being the privileged gaming platform could attract thousands to millions gamers and push them little bit to buy crypto and pay for the in game purchases. Also the live hosts can get paid in similar manner and make some moves in crypto coins which are being used.

If they have already started to cut loose the blockchain then surely this will have little bit impact on those who wished they had it over steam.

Just like there is part of peeps who did not like steam-blockchain collaboration there is another part of peeps who were enjoying it pretty much.
2396  Economy / Economics / Re: The Economic Gap has Exceeded the Tolerance Limit on: October 19, 2021, 04:45:34 AM
This is a complicated case study tbh.
First thing all the rich peeps in the world, they are not earning money out of thin air. They have multiple incomes sources with factories, industries and services running 24*7 to earn the money.

When you say they have XYZ income which they should distribute to fulfil the hunger of needy then note that they are already feeding millions of families who work for them. We call it as Job, salaried personnel etc.

Why not count that one?
They are already doing more than enough by paying millions of dollars in tax form. They need to contribute to charities, infra developments, and many other projects layout by government or made by themselves.

It’s completely true that there is one part of the world which is very poor but that’s due to local government failing to make it better world Or may be being the corrupted one.

So the fact is why the richest should take overburden if they are already having one in place !
2397  Bitcoin / Bitcoin Discussion / Re: Doctor Doom Nouriel Roubini now NOT anti-Bitcoin on: October 18, 2021, 02:55:43 PM
I am curious what makes him change his mind to believe in bitcoin now. Is that because bitcoin shows power by lift the price from a lower price to a high price and he just realizes that? Where did he found his belief in bitcoin?

I think that will happen to many people out there who do not believe in bitcoin, especially after seeing how bitcoin performs. I hope that many more will believe in bitcoin and will become bitcoiner soon.

May be he turned his thousands into millions in short span of time. Lolz. I mean what could be the reason for such high class economist? The good faith comes in when your statements get wrong over and over again. The only way he started believing the bitcoin would have been through years of study getting wrong each time bitcoin valued more. To get the value something needs to be invested, traded and exchanged for things. In case of bitcoin no one believed in its utility use. However, Bitcoin is as good as Fiat since it’s been used for legal tenders to illegal criminal activities and what not. That’s why it’s getting valued every year.
This is the point where every economist should start thinking out of the box, just like the creator did a decade and couple of years ago.
2398  Economy / Trading Discussion / Re: Trading Cryptocurrency for 1 Week! on: October 17, 2021, 03:11:06 PM
Honestly, the one who gets excited with short success are the one who loose most of the asset in their trading career. Trading is such worst well where you can not reach the bottom of it! It's big deep black hole too, where you can get sucked in and have nothing!

I am not saying that its just hard one but understand the trading world. Peeps has lost their millions in blink of an eye. You must be very strategic, with plans and goals to become successful trader in the crypto world. There are times when we need to stand very very firm when the market is crashing our portfolios and still we need to recover the principle + profit amounts through that. That needs dedication and tremendous TA.

Get plenty of lessons before you say it success! It's just for your own good and future prospects.
2399  Economy / Economics / Re: Elon musk now the richest man in earth on: October 17, 2021, 10:18:58 AM
Elon will have more billions in the coming years and the nearest one is by 2022 first quarter. He will definitely get funded and invested by many after he moves close to the SpaceX launch for the first manned mission. The project is set to be completed by first quarter so just few months left when you will see his money driving crazy. Elon is man of multiple income sources with almost all of them are reasonable good projects. He is one of the standee whose got whole private space research company which at its best. With NASA's collaboration they are actually at perfect place and time. Elon will surely hold his position for very very long time.
2400  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 17, 2021, 05:50:00 AM
I did 99 spins today and this was my result.

https://ibb.co/kDHWJ9v

Oh man, I was so curious to see the results of 99 spins altogether! Well it seems you have got every bit of different stuff i. e. btc, lottery, RP's. Hm, it would have been amazing if you would got RP or at least hit a single jackpot.
I am just waiting for the day when someone will post here they have won the Rolex reward or Amazon card. I just wish that I be the first one to do so. Lolz. The chances of happening that seem really odd to me! Everyone get 4k's RP and BTC's however the jackpot, man its tough!

Seems betting bitcoin price on October is most to close with 6 days left. Range $60,001 - $65,000 is most favorite betting with 5.46 Outcomes odds. but we have to not forget to bet range $57,501 - $60,000 also, Outcomes odds for that range are still high with 8.22. what is your choice?

Yeah, dam excited about this contest. Since bitcoin is making huge surges these days it's ambiguous if by the time clock tick 00:00 we will be above 60,001 or below it. Even a dollar's difference could end up in entirely different result. I think its also good if we play in strategic way and bet on both with max amount on the slot which has higher chances of winning.
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