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Showing 20 of 75 results by Domicbora
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Topic
Board Economics
Re: Block Chain eliminates regulators
by
Domicbora
on 03/12/2018, 12:29:29 UTC
I always wonder what might be the reason of centralised authorities not accepting the power of Decentralization and then found the reason,if so decentralization becomes the only means for the transactions then most of the regulators and authorities might be jobless and so they are putting maximum to let down this technology by creating a hype that all the crypto currencies are scam and you can making nothing out of them investing,so we Crypto enthusiasts need to put our maximum efforts to empower decentralization .
Bitcoin is already taxed and almost everyone in USA pays taxes for the profits they made from the bitcoin trades (I mean some people don't but there has always been tax evaders). Hence decentralized means nothing when it comes to regulators. Regulations for usage is not based on decentralized ideas, regulations are about how they can regulate the way you use it and how you should pay taxes and how you can't do illegal stuff with it and so forth. Decentralized means they can't touch bitcoin, they can't touch bitcoin itself not the bitcoin you own, they can take your bitcoin just fine but can't make bitcoin 210 million instead of 21 million, can't make the blockchain 1 gb per block, can't make transactions come to a halt. Basically decentralized is not a way to run from regulations but a thing to keep it untouched by any one person with power.
Post
Topic
Board Speculation (Altcoins)
Re: Nothing to do with BCH/SV LMAO
by
Domicbora
on 01/12/2018, 08:13:35 UTC
Cracksmoker, this whole market is heading under 100b, and this new shitcoin sv is heading to dust.
I even wonder why people are tending to give this shit coins some recognition. They really do not even deserve that in the first place. They are shit coins, and that is all they will ever be, no matter the war they want to impose now as a lot of people are trying to call it, there is a limit to what few single punks can do when it comes to the globally accepted one. How far they want to push bitcoin down by dumping, to push up their own market, so let's see how that ends up going for them. As far as I am concerned, they will never stop being a shit coin, and it is only just a matter of time.
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Topic
Board Marketplace
Re: Paid Signals Leak - FREE
by
Domicbora
on 16/11/2018, 07:09:04 UTC
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Post
Topic
Board Trading Discussion
Re: Why did the price of Bitcoin suddenly spike up (October 15, 2018)?
by
Domicbora
on 22/10/2018, 10:28:18 UTC
The spike recently caused most investors to be positive with the market. They felt that this is it, the bull market is coming. But, the spike was just a sign of something big is about to happen and saying that bitcoin is not dying. I think, bull run about to happen early next year.
It is because bitcoin is still the top crypto in the market and most people believe that only bitcoin can give them huge profits in the near future. Other coins will take long time to rise high and give good profit. It is better to buy bitcoin instead of any other coin and wait for long. The current situation of the market will change soon due to huge investment and the price will as you say spike up.
Post
Topic
Board Marketplace
Re: WHY INVESTORS (INVESTORS) SHOULD ATTEMPT TO ETH AT THIS TIME?
by
Domicbora
on 20/10/2018, 08:07:54 UTC
I think this might be because the cryptocurrency price at the exchange price is very cheap and this is the time to enter and can buy as much cryptocurrency as you can, many investors come in when the moment of price falls like this, be careful with the risk that you have when investing in cryptocurrency.
ETH is the leading Altcoin in the market and investors now investing in it because the price is low and you can buy more coins for less investment. The future is shining and some people even say that it may be comparable to bitcoin in the future. I don’t think it will ever happen but it is a fact that ETH is growing again and investors will make good money from it.
Post
Topic
Board Speculation
Re: What is the main reason for Bitcoin Price down? Will it stay for a long time?
by
Domicbora
on 18/10/2018, 08:42:34 UTC
Follow me on the rules of development for any product or item as well as Bitcoin. There are 3 elements that are. Growth and development and degradation so is Bitcoin too. It will return to the state of development. The $ 50,000 price tag that many people mention can happen when Bitcoin breaks its own record.
Definitely bitcoin will break its own records but how and when. People are tired of waiting for so long. Now about 8 months passed that bitcoin price didn’t improve a little bit and many of us are impatient and cannot for more. Now it should be go up and people should trust it the most and put their money in it. Otherwise it will lose its current position in the crypto market.
Post
Topic
Board Gambling discussion
Re: Taking a break from gambling
by
Domicbora
on 17/10/2018, 11:29:55 UTC
Lately I felt that I've been gambling a bit too much, it evolved into a weekly event where I would spend a little bit more money than I had originally planned for.
I've decided to take a break from gambling for a while, it's been 3 weeks since my last bet.

Just wanted to make this post in case someone else has any problems with this, spending more than intended, I mean.
You just kinda get into the habit without noticing at first, but you should really take immediate action when you do.

For me it was just a couple of hundred euros overspending, maybe for a month or so.
Taking a break was pretty easy, just replaced the gambling with a bit more gaming and writing articles.

Having a bit of extra cash now as well, always comes in handy Smiley

Definitely share your experiences with this, if you have any.

If you need help to quit gambling:
https://www.helpguide.org/articles/addictions/gambling-addiction-and-problem-gambling.htm

As of now I am not yet stopped gambling even for a day. But I see to it that I will never spend too much of what I intend to bet. what we need to do in order to avoid bug losses is to control our betting and don't get too hooked up in gambling.
Regular gamblers quit gambling when they have no more money and if are gambling addicted then they will do something illegal to get some money for their gambling. This is not good overall and that’s why gambling is assumed bad thing in the whole world. Time pass gamblers can quit gambling easily because they do not gamble for making money.
Post
Topic
Board Gambling discussion
Re: How to deal with multiple accounts and abusing faucet?
by
Domicbora
on 16/10/2018, 13:42:05 UTC
Not so long ago, we simplify registration process at our site leaving only the username field...
As a consequence, we are faced with a problem of creating multiple accounts by the same user and abusing faucet (faucet at our site - 0.007 mBTC and only request every 3 hours when balance is zero).
Guys, what solutions do you recommend?  Huh
Thank you!

I am sure that there is a way to prevent someone to do that thing especially if you are admin of the site. You will not have any problem to detect people who are trying to creating multiple accounts and abusing faucet. You can make some limitations for every user especially for people who are coming from the same IP, you can reduce the rewards of the faucet, or if someone caught abusing the faucet, then you can ban his IP. I am sure that you will find a good way to make sure your site secure from the abuse.
I think you are still making people punished for what the abusers are doing. Yes people who do not invest at all and do not deposit to it usually are not the type of people you want however back in the day when I first started gambling couple years ago I loved the faucets because there was a real chance that I grind that to withdrawal amount without depositing any single cent to it, that hooked me to the game, of course I have never managed to do that but whenever I lost I got closer to depositing and eventually deposited one day and ever since than I deposit and play with real money. Faucets was the one that got me hooked, if it was play money back in that day maybe I wouldn't be a gambler today.
Post
Topic
Board Marketplace
Re: What kind of growth would last? Quick growth or slow and steady growth?
by
Domicbora
on 14/10/2018, 07:45:14 UTC
We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
Quick growth is not guaranteed like the previous one. We have quick growth experience already, therefore I think that slow and steady growth is good and will last forever. When the price increases with the passage of time and according to the market cap it will never dump in the future, but if there is unnatural growth it will definitely collapsed suddenly.
From that bump it is clear that quick growth Is not good for bitcoin. We need slow and steady growth with consistency and which never drop again. If the price grows continuously the investors will rise in number and everyone will be confident and relaxed while putting his money in bitcoin. But with regular corrections nobody will take risk in bitcoin investment.
Post
Topic
Board Economics
Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price?
by
Domicbora
on 11/10/2018, 12:05:54 UTC
So many crypto currencies are coming UP . They are much cheaper  than Bitcoin for now. It is so hard to decide  which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?

Its true that many altcoin have a cheap price. But we should not buying altcoin based on the price, we should buying altcoin based the potential in the future, based on the project or developers team.
If you want to buy cheaper coin in place of bitcoin, then I will suggest you to buy Ripple, because Ripple is one of the fast growing coin in the world. The price is also below $1 and you can make huge profits in the near future. The market cap of Ripple is growing very fast because it is trustable and reliable crypto. Many people are investing in Ripple for its unique features.
Post
Topic
Board Trading Discussion
Re: Is there a required amount before you start trading?
by
Domicbora
on 10/10/2018, 12:32:15 UTC
Well, there is no required amount. In my opinion best way is to start with the amount of you are willing to lose.
That is not enough, your capital needs to be big enough so you're not wasting your time when you are trading, I say this because a lot of people have a capital so small that they need to make very big trades compared to the size of their holdings they have and it doesn't matter how good you are, if you do this you are going to lose your money very fast.
I think there is no required amount but, we need to start trading in a verry few amounts of capital. Because from the word new we are maybe on the learning stage and we need to learn .ore things or strategy on it. So I suggest that of we want to trade we need to start in a very small amount to avoid lossing.
As I said that is not enough, people forget that trading has a lot of costs involved, you need to pay a small commission to the exchange, you need to pay for transaction fees, it is unlikely that you are going to buy at the optimal point that you were looking for so you are going to lose some money there as well, and when you add all of those costs you will realize that you need a certain amount of money to become profitable, the amount is not really that big but it exists.
I think that is no required amount for starting trade in cryptocurrency. You can start from small investment. Start from small investment and look the results. If you find this market good for making money then you should invest more money in it, otherwise you can quit trading and just hold your coins for long time. Trading is more profitable than holding but also very risky.
Post
Topic
Board Gambling discussion
Re: Is Gambling addiction a disease?
by
Domicbora
on 10/10/2018, 11:22:00 UTC
i've always found it very strange that things like alcohol, drug and gambling addiction are described as diseases.

it seems much more like a psychological condition to me. to cure it your need your behavior patterns restructured which is not something an operation or drug is likely to solve.

on top of that addiction implies a physical need whereas gambling is a craving or compulsion. an alcoholic or heroin addict may suffer severe physical consequences if they don't get what they're addicted to. it's not quite the same for a gambler but no doubt they're gonna be sad.
In my opinion gambling addiction is not a disease because a disease can be traded in hospital but addiction cannot be traded anywhere. An addicted person can leave ambling but not forever. After some time he will start again and this thing distinguishes addiction from disease. Yea we can call gambling as physiological disease and can be treated only by best friends and family members.
Post
Topic
Board Speculation
Re: Current BTC price below 8K
by
Domicbora
on 06/10/2018, 11:58:23 UTC
Why bitcoin price keeps going down these days? Is it just the ETF rejection of Vinklevoss twins?
I think the market for this year is not good enough to rise the price of bitcoin to as high as $10k before the year end as those investors are selling their coins for short profits and no sign of good news that can ignite the market to a bullish.

Till now it has being a falling market in this year and we do expect some good movement to happen in this last quarter. If you consider last year as well it was almost same like this year and the rise happened was in last quarter. If we can see some 50% growth as well from the current levels we should see 10k easily in this year .

Well, welcome to 2018! The year of the bears. The bulls had their own swell time last year, so I guess we just have to allow bears to also have theirs and maybe next year, we experience some level of equilibrium which should bring about some long period of consolidation and may be by 2020 we can start seeing another huge growth. ETF does not have anything to do with all these, the market is in a downtrend corrective state after the last year greed and manipulations, and i guess people should live with that.
Post
Topic
Board Exchanges
Re: Trading Platform
by
Domicbora
on 03/10/2018, 10:49:01 UTC
If you are new to crypto trading, and looking for a platform to trade, here are some platforms I use.
Share with all of you Cheesy


1. Binance (Strongly recommended)
2. Bitfinex (Stable, not many coins available)
3. Bithumb (ps:security issue happened, consider well)
4. Upbit (Korea exchanges)

Welcome to other suggestion Wink

*******Additional information************
Recommended by FlamingFingers : Bittrex - 2 years exp. and No issue ever

I just came across a comment saying that we shouldn’t have different exchangers and that everyone should be trading only on one exchanger. Well, that’s not going to be possible, everyone is entitled to making their own choice. We can’t have only one exchanger, there supposed to be different exchangers and they are not going to be offering same services like the other just like the op stated that Bitfinex doesn’t have much coins available, but there will be something good about them, a way that they are beating others. So it’s left for you to choose what you like.
Post
Topic
Board Speculation
Re: Bitcoin (BTC) down $200
by
Domicbora
on 27/09/2018, 10:45:14 UTC
Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price
We should understand that this market move in cycle and you have to understand this in other not to take wrong decision during investing.  Now is the time to buy and those that have buying mindset will make money in years to come.  Bitcoin may likely still going down but you should see it as the time to buy.
Those who are smart enough will always know when to be getting in and what they should not even bother themselves so much looking forward to as such price at $200 is something that is not something I believe anyone should be looking forward to at this point in time.

Firstly, the $6k region has been holding pretty much probably based on several speculations about the mining costs, and also even if we get to see a huge price downward, I see no way we would go that low when there is a lot of support below us and there is always one thing they call a balance in the long run.
Post
Topic
Board Trading Discussion
Re: how often do you check BTC price and how to cope with stress?
by
Domicbora
on 26/09/2018, 13:09:56 UTC
how often do you check BTC price and how to cope with stress associated with this?  I am checking it every few hours and it drives me crazy and makes me anxious. Is there anybody in a similar situation and how do you cope with this?

PS: I was trying to do this once a month, but I think, I missed the beginning of the bear market in January this year because of this.  

Thanks,
Mike
Don't check it from time to time because it will make you stressful and it will intend to frustration. Just stick on your altcoin trades and take opportunity when bitcoin is down.
There is no need to check the bitcoin price again and again. It is right that it is painful to see dip in the price. I always the price just once in a day because I think it is enough. When the day starts I see the price and that’s the end. I have no time to check the price again and again. Why I should increase my headache? It is tension to check the price after every 30 minutes.
Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
Domicbora
on 26/09/2018, 12:19:01 UTC
the value of bitcoin are settle down because most people needs the cash on hand or paper money to exchange for thier financial needs.
I think so because the price is not increasing for long time. It has been stuck for several months. There is no growth in the price. Therefore I think that the market these days is not good for bitcoin and investors are losing their money. It means that it is on the way down. There are no green signals in the crypto market for long time. it is natural that I think like this.
Post
Topic
Board Speculation
Re: will the price of the bitcoin will reach so high that no one can buy it ?
by
Domicbora
on 25/09/2018, 12:09:24 UTC
of course bitcoin will reach the highest price in the future, and we can still buy bitcoin even the price of bitcoin is million dollar worth, just buy in a small amount you know.
May be because anything is possible in cryptocurrency world. According to the previous year predictions many people were sure that the price of bitcoin will be more than $50k. This prediction became false but it became true then how many people would be able to buy bitcoin? I think no one because of the too high price. Too high price is not good for new investors.
I am very sure at some point in the past, a whole lot of people would have imagined if people would still buy when the price reaches $10000, when the price was still less than a dollar back then.

The same question is being asked now and all I can say is that nothing will change from what is happening now with people buying to what will happen then when people will still be buying the little they can buy. High price is not a halting factor for someone who is ready to buy into a market.
Post
Topic
Board Marketplace
Re: Bitcoin global regulation
by
Domicbora
on 25/09/2018, 09:20:02 UTC
For the foreseeable future, I am sure that more and more countries will legalize the use of bitcoin in their countries. Want it or not they have to accept it because of the development of technology that must include bitcoin in it.

It will eventually when they realize that some countries are making best use of the bitcoin and technology and it is helping their economy as well. This will put pressure on other countries as even they want to grow and make their people more employable and this is a the good field where more jobs can be created.


 I.agree with this. There will be no.further growrh of cryptocurrencies and their implementation in economy and society in general without regulation, that is something that is necessary.
More and more countries are realising that fact and they are aware that cryptocurrencies can't be avoided anymore so it's better to put them in some legal framework that everybody can have use of it.
Global regulation is inevitable, it's just the question of time framework when it will happen.
Cryptocurrency is the new era currency and the coming generation will use only cryptocurrency as we use our local currency today. Some people still do not believe in cryptocurrency and say it is a scam and the investors will lose their money, but besides the fact is that they do no know the importance of cryptocurrency. Later or sooner they would realize its importance.
Post
Topic
Board Trading Discussion
Re: How has your experience been with Binance?
by
Domicbora
on 24/09/2018, 06:27:34 UTC
Binance continues to increase its influence on the crypto market.

What is it working for you?
Any complaints?

I have been trading with binance and I have never have problems with them except the time that I have problems with google authentication.  Binance is one of the Best exchange platforms and I think there are reliable and volume there are very high.
Lots of people are using Binance and till date they have no complaints about anything relating to transaction. Binance is one of the leading crypto exchanges in the world and due to its high performance and easiness more and more people indulge with this exchange. No compromise on the quality of their services made them the best exchange in the world.