I suppose it depends on what they have done with their profits, after all to remain in business, selling a significant portion of their bitcoin is a must, however it is entirely possible some casino owners may have sold all their bitcoin, and if this is the case I do not think they are that excited about the growth in the price, since most likely they are lamenting not keeping that bitcoin, just as we are seeing many people do so in social media right now.

Unfortunately in countries in which corruption is high this is impossible, because as soon as the regulation is passed, it is not up to those same people to supervise it is implemented appropriately, so it is very easy for corrupt business owners to bribe the police officers so they look the other way as they break the law, however making illegal those operations is not the way to go either, as in that case criminals will be in charge of those operations and they will not pay any taxes to the government.

Pues realmente no es una opinión tan impopular en el foro, después de todo el foro también tiene una buena cantidad de usuarios que prefieren sumar los satoshis que pueden, acumularlos por un largo tiempo y disfrutar las ganancias producidas por la subida en el precio de bitcoin.

Algo que también parece ser la norma entre aquellos que obtienen el éxito financiero a largo plazo, dado que en los estudios realizados a esta población, se encuentra que la mayoría son inversionistas y no traders, y de hecho el numero de traders con altos niveles de riqueza en este grupo es bastante bajo, y la razón de esto es que se acostumbran tanto al proceso de compra y venta, que a pesar de que saben que obtuvieron sus activos a buen precio, apenas obtienen una pequeña ganancia deciden vender, en lugar de hacer holding y dejar que el mercado haga lo suyo.

It is incredible how fast things are moving, I still remember the days bitcoin struggled to reach 1k and now it finally reached 100 times that price, and now there is a very real possibility it could reach 1 million during the next decade, if not sooner, as I agree with you that at this point, it is very likely this price could be reached taking into account the positive circumstances surrounding bitcoin at the moment, and I wonder, if many years later this will be one of those threads that will be read by other people like us in the future, and they will be incredulous to read that bitcoin at some point was worth less than a million dollars per coin.

Yes, exchanges do care about the source of your funds, and if you are flagged as a high risk customer they could block your account and ask you to tell them the source of those funds and to prove its origins, and if you cannot do it then you are never going to recover your coins, so be very careful when dealing with exchanges, as sometimes even if you have done nothing wrong, you could be forced to go through this process and it can take you quite a while to get your coins back.

There is not an easy answer to that as you do not really explain to us your specific circumstances, XRP has not surpassed its previous ATH in 7 years, so if I were one of the people that invested so many years ago, I would be happy to get whatever I could and move on from XRP, however if you are an investor that just invested recently, then I think it would be better for you to wait a little bit more and see how things evolve, since it is possible the growth of XRP could continue and you could increase your profits this way.

You are just daydreaming, I understand that you want to make it big and this is the idea that came to your mind, but this is not really a plan that you could put in action now or even a decade in the future, concentrate on the now and the ways you can use at the moment to generate a positive cash flow, since no one is going to be interested in joining you on this journey, when they are the ones that will take the risk of putting their capital forward, while you are just organizing the whole thing.

There is no point to listen to those people as they do not know what they are talking about, if you take a look at the history of money, you will see the first currencies were called commodity money, which means that people at the time simply began to use a popular commodity as a currency in order to facilitate trade, then there is nothing wrong with bitcoin being a great asset, and if anything this should just make its case for becoming a widely used for of money all over the world even stronger.

Many years back there were casinos that did that but I think most of them disappeared already, however the problem with what you are suggesting is that even if casinos tried to sell this as a gambling game, the reality is that you will be trading the price of bitcoin and their assets, and once regulatory bodies set their sights on those casinos, they will be accused of violating the law as they do not have the license to offer those services, so if Rollbit is doing this, I would not be surprised if we heard they are having problems in a few months down the line.

That is not really reasonable, if a gambler finds that most casinos ban their location as eligible to play there or gambling is illegal on the country in which they live, the best thing to do is simply to not gamble, this is because it is simply not worth it to get into all kind of trouble over something that should be a simple hobby, besides I do not see the point, as even if you happened to win passing KYC policies while playing from a VPN and using forged documents means that most likely your account will be flagged as suspicious and you will need overcome more stringent standards.

It should be obvious that manipulating a coin with a low market cap is easier since you need less money to do it, and that is exactly what pump and dump groups do, so there is ample evidence of this being the case, however even big markets can be manipulated but only for a short time frame, whales often take advantage of an event that took place, and then they amplify it through their actions, this way they do not have to use that much money to manipulate the markets and get better results this way.

No one likes the idea of being left behind, so if the US is going to create such a reserve then other countries cannot really afford to not try to do the same, if not and they wait until this is a reality then they will have no chance to accumulate a significant amount of bitcoin, as not only the US wants to do this but private businesses as well, and if this were to happen then it is almost impossible to predict how high the price of bitcoin could go, so we need to also make an effort to accumulate all the bitcoin that we can right now.

Those people are addicted obviously, and the worst part is that they are reinforcing their behavior as all of those people are doing the same thing, so they feel safe in the numbers thinking there are many people like them out there, so this makes it even harder for those people to overcome their addiction as they do not even think they have a problem, which may means that they may never recover or that at least when they try to do it, they would have lost most of their money anyway.

Si aún no tienes tu estrategia para lidiar con los mercados, te sugeriría que empieces por ahí, después de todo la creación de un trading bot no es nada mas que un esfuerzo de optimización, y como menciona uno de los documentos del lenguaje Perl acerca de la optimización: “la mejor optimización es tener código funcional.” O en este caso lo mejor es simplemente tener una estrategia que funcione.

Ahora bien, hay algunas decisiones de diseño que deben tomarse, como por ejemplo, ¿el script que quieres crear recordará eventos que sucedieron antes o usaras una llamada API para todo lo que quieras saber? El seudocódigo descrito arriba es para un script tonto que no recuerda nada y necesita obtener toda la información que necesita cada vez que es llamado, algo no muy práctico y que lo haría más propenso a errores.

¿Te podrías preguntar porque es esto? Porque las llamadas API fallan algunas veces, y aunque como lidiar con errores es algo en lo que no se piensa demasiado cuando se trata de un script casero, dado que siempre se puede cerrar el script e iniciar de nuevo, cuando el script maneja cantidades importantes de dinero en tu nombre esto se convierte en algo indispensable.

Generalmente hay dos clases principales de error, uno en que la llamada se realice pero no obtienes lo que quieres y en lugar recibes un mensaje de error, y uno en que la llamada no se realizó, talvez porque no tenías internet en el momento justo en que produjiste esa llamada, y necesitas formas de lidiar con esto, lo cual puede ser algo tan sencillo como producir una llamada segundos después del fallo, ¿pero qué hacer si el script falla varias veces seguidas? En ese caso talvez tu script podría enviarte un email o mensaje y además configurases tu teléfono para darle prioridad y que una alarma sonase incluso cuando estas dormido, pero claro, esto no te protege de los errores producidos por la falta de internet.

Otra opción mas avanzada sería algo que en la industria de la aviación se conoce como apretones de mano o handshakes, en el cual un satelite manda un mensaje a un avión preguntando si aun esta en el aire, y cuando esto no es así se sabe que ha ocurrido algo con el avión, así que podrías crear una pieza de código adicional que corra en tu teléfono que intente contactarse con tu bot para saber si está en línea funcionando correctamente, y en el momento en que no obtenga respuesta entonces sabes que hay algún error que debe corregirse, la ventaja de esto es que incluso si la computadora en la cual esta corriendo tu bot se queda sin internet, podrías saber que hay alguna clase de error y lidiar con ello.

Así que como vez el mundillo de los bots es bastante complejo una vez que te sumerges en él.

Without a doubt we are within our rights to choose which institution to share our personal details, it is just that this is becoming harder and harder to avoid for those that still want to retain their privacy, which is understandable as this market is no longer the small market that it was so many years ago, and governments want to keep track of everyone that makes use of bitcoin and other cryptocurrencies so they can tax them and obtain a cut out of them.

If you take a look at the probabilities very soon you will realize there is no such thing, we believe we are in a hot streak because we are only looking at the short term results that we are experimenting, but given enough time we are bound to experience instances in which the results are favorable to us, but there is nothing to be amazed as that is simply the way probabilities work, and on average we will still win or lose at the same rate as everyone else.

Exchanges live out of those fees, so no matter what you do you will have to deal with them and there are various ways to do so, one of them is simply to reduce the number of trades that you make, the second is to increase the capital used on each trade so it is easier for you to offset those fees, now it seems you are realizing one of the most important truths of trading, minimizing the fees you have to pay is critical, as if you do not then even if you had a good strategy you will lose money, and by the way, you still forget the highest fees you are supposed to pay, which is the taxation the government charges you, so things are even worse than what you think.

To add to this, it is wise to remember that the peak of Tyson did not last long, so even if he is considered to be one of the best heavyweight boxers which ever lived, he was only able to maintain that level for a few years, unlike with what we saw with fighters like George Foreman, which is the oldest person to win the heavyweight championship of the world, so if Foreman had staged a comeback when he was Tyson's age, I would be more willing to believe he had what was necessary to fight professionally and get some wins.

Tan solo una pequeña acotación, esto es cierto pero depende de las circunstancias, me explico, supongamos que una estrategia fuese como un traje, si lo ajustas al punto de te quede a la perfección, entonces cualquier cambio en tu peso o incluso cambios en la cantidad de masa o grasa muscular conllevaran a que el traje ya no te quede a la medida y tengas que ajustarlo, esto se le conoce como overfitting o sobreajuste, y es una de las razones principales por las cuales una estrategia que pareciera ser capaz de producir grandes resultados falla, dado que los parámetros de la estrategia están tan optimizados hacia los movimientos anteriores del mercado, que cuando se pone en practica, falla debido a que el mercado nunca se mueve exactamente como lo hizo en el pasado.

Por lo tanto, siguiendo con nuestra analogía, es mucho mejor que nuestra estrategia sea como un traje que nos queda bien incluso si subimos o perdemos un poco de peso, dado que, incluso si hay circunstancias en las cuales nuestra estrategia sería más efectiva, aun podría producir ganancias en esas condiciones sin necesidad de ajustarla.


Hasta donde sé, las casas de cambio ya parecen ofrecer herramientas para la creación de bots con el uso de bloques de instrucciones, similares a lo que vemos en algunas herramientas de videojuegos que permiten su creación sin la necesidad de escribir una solo línea de código, lo cual es bastante practico porque te evitaría tener que aprender a programar y concentrarse en la creación del bot.

Sin embargo si te interesa tomar el camino largo o no tienes otra opción, te describo lo que hice, el bot fue probado con la API de CMC y no en un casa de cambio, sin embargo era funcional y fue probado exhaustivamente, algunos lenguajes populares para esto son Java y Python, pero yo use Perl, la razón de esto es simple, cuando haces una llamada API, lo haces porque esperas recibir algo a cambio, por ejemplo el precio actual de bitcoin, sin embargo el formato en que esto ocurre probablemente no sea lo mas apropiado para tus fines, y aunque la mayoría de los lenguajes de programación tienen formas de lidiar con ellos, Perl es sin duda el más poderoso.

Ahora bien, aunque la complejidad del problema es alta, el proyecto en seudocódigo podría verse algo parecido a esto:

Procedimiento Main.
   Llama a Procedimiento Lectura a intervalos de tiempo regulares, ejemplo un minuto.

Procedimiento Lectura.
   Mientras la Llamada API no tenga éxito entonces:
      Llamada API, obtener precios de activos y posiciones abiertas al momento.
      ¿La llamada se realizó con éxito? Si es así: llama a Procedimiento Estrategia.
      Si no es así: guarda en un log el error, pausa, cuenta las veces que ocurrió este error.

Procedimiento Estrategia.
   ¿Tengo posiciones abiertas? Si es así:
      ¿Debo cerrarla? Si es así: Llama Procedimiento Cierra Posición.
   ¿Debería abrir una nueva posición? Si es así: Llama Procedimiento Abre Posición.

Procedimiento Cierra Posición.
   Llamada API, cierra la posición en cuestión.

Llama Procedimiento Abre Posición.
   Llamada API, abre la posición en cuestión.

That would be without a doubt a problem, since now that online commerce has taken off, it is more difficult to market your business as not only you are competing against the businesses around your locality, but you are competing against businesses around the world, so making your business known takes a lot longer than it used to, making me think you are correct in your assessment and this would mean that this is not really the best moment to start a business.