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Showing 20 of 3,841 results by wuvdoll
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Board Altcoin Discussion
Re: Investing in anonymous cryptocurrencies
by
wuvdoll
on 03/06/2019, 17:00:28 UTC
Began to invest in inexpensive anonymous cryptocurrency: deeponion. I try to buy it while the price is quite low. But the question arises whether she will rise in price as a monero? Or maybe it is worth looking at other anonymous cryptocurrencies? Now the demand for anonymous cryptocurrency is growing, but why only for monero? I want to hear the opinion of every investor.
I used to do it as well, I invested into something called xspectre if I am not wrong, it has been a while since I took a look at it and I personally can tell you it doesn't really have that much difference from any other coin in terms of how it goes up and down. The one I invested was going down when the whole market went down and was going up when the whole market went up so the fact that it was a privacy coin had nothing to do with the coins price.

Of course, there is more chances to develop the coin because the more privacy oriented it becomes the more attention it can get from people looking for privacy and ever since I stopped checking out the coin they built even more stuff but after all of that the reality is that the coin itself wasn't that different from any other coin for a regular investor.
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Topic
Board Altcoin Discussion
Re: What particular project works on the totality of the blockchain ecosystem?
by
wuvdoll
on 03/06/2019, 15:13:49 UTC
I think the ones you mentioned plus NEO as well, I have zero NEO in my portfolio and I have never bought a single neo in my entire life so I can honestly testify that I am not shilling it. I am a hardcore ethereum person and I will continue to do so until I find something better.

However, keeping that in mind, I still think neo is doing a very good job rivaling ethereum in some aspects and a worthy rival, it is highly undervalued right now and there is a good potential to make profits because when NEO takes of as another ICO potential coin and makes their own ICO's known as much as ethereum then they will be worth a lot more thanks to their successful ICO's.

I also like dash a bit because they do have that great staking option but the masternode worth a lot more than I can afford so I can't really have any right now.
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Topic
Board Altcoin Discussion
Re: Which is better ICO, STO Or IEO ?
by
wuvdoll
on 03/06/2019, 11:22:34 UTC
What do you think, IEO better than ICO or STO or they are just the same with only difference in system?
I think project is a lot more important than how it is done. If you find a good project and it is run by someone very known in the world of crypto or even someone that is just a good business person and have a staff of great developers and marketers and designers etc etc then that project could be ICO or STO or IEO and it will still be good regardless of how they do the offering.

However, if there is a coin that is offering in any way or shape and sucks, the owners are idiots, the staff are very small in numbers and not great then it doesn't matter what type of offering it is. So in the long term a coin has only one offering option yet it will continue to exist years after that stage which means the offering is really unimportant in the grand scheme of things.
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Topic
Board Economics
Re: Facebook plans to launch 'GlobalCoin' currency in 2020
by
wuvdoll
on 03/06/2019, 10:10:53 UTC
They are just promoting the idea right now not the product. There is no detail about globalcoin at all, hell even the name could be changed eventually, however there is just one thing for certain, facebook is starting a crypto currency of their own. That information is legit and it will happen unless they cancel it, I mean that is still possible but aside from that they will definitely have a crypto currency.

How it will be used, what it will be used for, how many supply total, what the starting price will be all haven't been decided yet, as we get more information about it we will be able to give more opinions and healthier opinions however as long as we do not have any details all we say will be just assumptions. I hate facebook and how they run the company so I will say bad things but we still need to wait and see.
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Board Economics
Re: What is the real value of bitcoin and cryptocurrency
by
wuvdoll
on 03/06/2019, 09:20:29 UTC
I think we can calculate it depending on the marketcap plus the orders, I mean if the price is around 9 thousand dollars right now and there are more buyers than sellers it means it will go higher so 9 thousand and more is a good value to give. I don't really know how to calculate somethings value unless I am given the cost of that, like if you want to give value to something like a phone what do you do?

You calculate all the materials and their costs, you calculate manufacturing and you calculate shipping, those are about the all things that is required and you make a ton of phones so you divide all costs to phones and you get one phones value, whatever the company puts on top of it is their branding and profits nothing else. Does bitcoin have something like that? Maybe miners could tell us what bitcoin worth? I am not entirely sure.
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Topic
Board Economics
Re: Crypto to trigger a global bank run?
by
wuvdoll
on 03/06/2019, 08:16:10 UTC
Banks have their purposes. I know we here all hate banks and want to talk about how it is horrible that banks make money without producing anything and so forth but in the end banks do have their purposes as well. For example interests for people who have money is alright, because in the end not everyone would want to invest their money into a business or a real estate so they just collect interest.

Also, the loans for people who need it, it shouldn't be given to people who look like they can't pay but nowadays they are giving it to everyone and if they pay then it is okay if they can't bank just seizes their stuff, bank gets their moneys worth no matter what. So there are few other stuff as well like making the cash turn into debit card and so forth but they are abused, normally a bank could be something very decent.
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Topic
Board Altcoin Discussion
Re: what happens if Bitcoin dies
by
wuvdoll
on 02/06/2019, 07:04:02 UTC
I know many people think bitcoin won't die and I think the same but if we are going to have a discussion about bitcoin dying that is still valid, its just a discussion, you do not have to say "bitcoin won't die", if bitcoin won't die then we do not need to discuss this at all but if you want to discuss this then you have to assume it will, even if you don't believe it just assume for just this instance.

I think it depends on how it dies, if it dies because some other crypto became better which I doubt will happen but if that happens then the market will not react that much, instead of bitcoin some other coin will be number one so its fine. However if it is dying like the whole crypto market is dying and everything is going to zero then we are screwed that is horrible.
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Board Altcoin Discussion
Re: Should invest in projects that participate in BinanceChain ecosystem?
by
wuvdoll
on 01/06/2019, 15:16:41 UTC
At the present time, the projects participating in BinanceChain are very well priced. For example, PHX (after joining BinanceChain changed its name to PHB) increased nearly 80% of the value in just 2 days. Next will be BCPT, GTO and ARN. Should we invest?
It is not a must, I mean not all coins that participate in binancechain ecosystem will be great, of course there will be great ones but that doesn't mean all of them will be. I think there will be good ones and there will be bad ones but looking at what would happen if you invested money into all of them I think you may profit from it.

The idea is the same with ICO during 2017 peak times, like you put in 100 dollars (money can change according to how much you have) and some of them will drop as low as 90 dollars which means losing 90% and that is bad but in the end if you have just one coin that x10 in 10 tries you will still be in profit. In my honest opinion it was harder to keep up with all coins and checking them out individually then just investing, its a lot of work and I think doesn't really worth it.
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Topic
Board Speculation (Altcoins)
Re: Is BNB the ETH of 2017?
by
wuvdoll
on 01/06/2019, 14:27:49 UTC
I hope not, eth got low after a while and we have not seen eth recover as much as we want it to recover ever since, it went as low as 80 dollars if I am not wrong and is way above that now but we want it to be above 1000 dollars at least which its not even close.

If bnb going to have the year eth will have I am really hoping it will not go down afterwards, I do not want to see bnb going above 100 dollar eventually only to go back down as little as less than 10 dollars, it is counterproductive, it makes some people lose money and not even try to buy bnb ever again, some eth investors are just looking to get out and not invest ever again, that feeling is something we can't afford with all coins we have, not bnb not any coin else. That is why I think it is highly important that we protect bnb from falling more importantly than help it go higher.
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Board Speculation
Re: The Next Bull Run
by
wuvdoll
on 01/06/2019, 06:36:28 UTC
We are IN the next big bull run, we have seen over 9 thousand dollars and I just hope that we will see it again, it wasn't that easy at that high so we had to drop and regroup but remember we tried to break 4200 multiple times before we actually beat it and that was a lot worse because there was a lot of sellers around those prices now we have a higher chance because we are at price where we can actually beat the 9 thousand dollar levels much more easily since there are not as much sellers out there.

Yeah, the price and the amount is still heavy because its 9 thousand dollars instead of 4.2 thousand dollars but its less number of people selling with less orders which is the important part.
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Board Speculation
Re: Long term advance notice!
by
wuvdoll
on 31/05/2019, 17:41:31 UTC
Why are you guys so surprised that there are people who believe in Craig and his idea of BSV? I mean after all there are people who VOTE for dictators in this world, there are people who also murder and steal and rape so we can establish that there are both bad people on this earth and also gullible idiot people on this earth.

If that is clear enough well Craig has a leadership mentality, dude literally tries to grab as much attention as he can and in return some news websites and his twitter makes sure he gets that attention. Then he uses it to attract people to his idiotic idea and persona and the gullible are just idiot so they believe it and the bad people are just in it to make sure they profit from it as well. That is the whole ordeal and doesn't matter how much it increases in price it will never be accepted by the public.
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Board Economics
Re: Crypto to trigger a global bank run?
by
wuvdoll
on 31/05/2019, 14:06:38 UTC
Blockchain right now is helping rich more than it helps the poor. If you calculate the prices, when you want to send 1 dollar to someone it is highly impossible via bitcoin, maybe some altcoins could help you better but in the end how would that person go about spending it or cashing it out, so basically its impossible to send 1 dollar from one person to another using crypto and having cash in the end.

However, when you want to send 20 million dollars, blockchain is the best method there is, and that would help the rich people a lot, the amount is very little and cashing out is quite easy at that amount. So, as you see if rich people realize bitcoin is the real deal and they would be even richer if they used crypto instead of banks then wealthy money will go towards crypto instead of banks which will rapidly make crypto the standard instead of niche.
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Board Economics
Re: bitcoin transactions costs in the future
by
wuvdoll
on 31/05/2019, 06:00:43 UTC
Even with clean energy the amount of work put into creating that energy will be still a lot. Nuclear is another topic which we do not like to talk but honestly it is such a power that just one plant could give you enough energy to cover most of the underdeveloped world, I do not remember where I read it but if we had like 200 nuclear plants all over the world then we could have enough energy to cover all energy need ever.

We can move to clean afterwards but nuclear is technically "clean" energy as long as nothing bad happens. The only reason why it is not like is the risk of leakage and something like Chernobyl to happen. With just one nuclear plant we can literally cover ALL bitcoin mining operation electricity requirements and then some (a lot more) which is why if we want free bitcoin transactions we should totally focus on nuclear plants.
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Board Speculation
Re: Bitcoin is very likely going to break $9000 in the next few days.
by
wuvdoll
on 29/05/2019, 17:34:28 UTC
OP was quite right, he said it will happen in the next few days and we are almost there, in some exchanges it already happened too (the general pricing was at peak 8700 or so as far as I could see). That means this dude knows what he is talking about with the prices but for anyone that thought bitcoin would go up it meant anything close to 9 thousand dollars as well.

We were at around 8 thousand dollars and if you believed it would go down then you were plainly wrong and we went up but for people who believed we would go up where would you go from 8 thousand to up? It would have to be 9 thousand dollars so this was basically a topic about how "bitcoin would go up in next few days" since 9 thousand dollars was a given option, you can directly go above that without stopping at 9 thousand a bit.
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Board Economics
Re: Facebook plans to launch 'GlobalCoin' currency in 2020
by
wuvdoll
on 29/05/2019, 06:45:25 UTC
We still have a lot of time before it all starts, I don't know how big facebook will get in the future, I don't know if its another google or amazon and what not, they do have the control of facebook/whatsapp/instagram right now but so far that feels like it is just some stuff that are unrivaled on their stuff and as soon as another competitor comes up they will be lost.

Facebook is no longer making THAT much money from facebook, its still something and its still big but its not on the momentum it used to be, however they made up from it on whatsapp and instagram purchase easily. If another chat application and a big huge social media app comes up then facebook may go south. In which case global coin will as well. Isn't it too risky to just invest into something that may in the future drop a lot in value?
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Board Economics
Re: On stablecoins
by
wuvdoll
on 29/05/2019, 03:24:35 UTC
Even if it was 1 to 1 backed by the corporations that claims they are backed by real fiat (which some even came clear about not being 1 to 1 backed anymore so I don't know why they are worth like that) its still not the same with bitcoin. There is always risk of printing more, there is always risk of centralized issues of withdrawing money from the market, and the biggest threat of all there is always an issue of "lol gotcha" of the corporation that reeped the benefits of it and than leave as an exit scam.

Why would anyone prefer stablecoins over bitcoin I don't know, if you want to use regular fiat just use fiat anyway, there is no one stopping you to use dollars for example, that is what many people do, if you want to use bitcoin than use bitcoin but if you use tether for example that is neither as safe as bitcoin nor as accepted as dollars so whats the point.
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Board Economics
Re: Belarus has launched a regulated bitcoin exchange
by
wuvdoll
on 29/05/2019, 02:44:54 UTC
This is exactly what the other countries should look at as an example. After all you have to actually make it legal and governmental to see how the tax works out and who buys and sells how much and when and see their profits and losses and how they should pay taxes on how much and so forth. If you do this like Belarus is planning (or currently doing) then you get yourself a crypto currency craze in a country that literally is watched over by the government and used for their advantage.

If a country just flat out bans crypto currency do you think it will stop all trades? No. It will just slow it down but people will find a way to get it anyway, so this way you are taking advantage of that popularity and you are using that to raise gains of the government via a new tax channel.
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Topic
Board Economics
Re: What is the real value of bitcoin and cryptocurrency
by
wuvdoll
on 28/05/2019, 17:41:32 UTC
We can have a simple calculation on the support lines, for example if bitcoin drops to 1 dollar everyone would say they would get it right? Well the thing is if bitcoin dropped from 8 thousand to 1 dollar then nobody would buy it, there must be a reason for it to drop that much, hence there is actually no real value to bitcoin, if it was even 1 dollar people would still be acting around the same way they act on 8 thousand.

Some people would buy it, some people would panic and sell it and there would be about the same issues we talk as right now. That is why it is clear to me that bitcoin could be 1 dollar each or 1 million each and it would still have no real value, it is 8 thousand dollars right now each and that is its value right now, tomorrow who knows what the value will be.
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Board Gambling discussion
Re: HAVE YOU EVER MET ANY SUCCESSFUL GAMBLER
by
wuvdoll
on 28/05/2019, 17:03:08 UTC
My mother in law goes to casinos almost every year, she just has a group of friends and because they are a bunch of people it is cheaper for them to get a flight booking plus hotel booking and since they gamble there it costs them very small for all of the regular vacation stuff.

She goes there, sits on the slots all day and "gambles" all day with about 200 bucks and usually wins money or has break even. This doesn't mean she is a successful gambler but the woman literally managed to have one week vacation every year for the past 20 years for almost no money at all to a place that has super entertaining stuff from gambling to famous people singing to great food and even free drinks on the house which I consider as a win.

If you want super successful people they are already famous and you saw them on your google search, all the small ones are the ones like my mother in law.
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Topic
Board Gambling discussion
Re: Why not just gamble with fiat?
by
wuvdoll
on 28/05/2019, 12:23:37 UTC
I feel like it is much more work, I don't know. Not for legal reasons anymore because I had the chance to play sports betting with fiat and still declined it, I can go to somewhere close with casino (illegal where I live but legal not far from me) and could play any game I want in a casino but all are definitely a lot more challenges. Since its illegal where I live I can't play online neither so that is out of the question. What does it leave me with? Well crypto gambling.

I can totally play sports betting where I live with fiat too don't get me wrong but it just doesn't feel like its as far as bitcoin ones, the odds are better and the results are quicker and the games are more fair (and the sportsbooks are more fair) so it just makes things easier to play with crypto.