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101  Economy / Gambling discussion / Re: Gambling with bonuses only on: May 23, 2019, 09:06:41 AM
They allow you to play using your bonuses but even if you have a run of winning, you will still have to make a deposit before they allow you to withdraw your earnings, some scam gambling sites are doing that, they will give you a bonus, let you win but before you withdraw you will have to deposit a huge amount of money, after it's bye bye, they will ban you and accused you of cheating.

Thats why you have to use trusted ones, even if they ask you for deposit afterwards, simply ignore it and move on. You always have to read the rules of the bonuses before participating, in the OP i have the good ones so far.
102  Economy / Gambling discussion / Re: Which factors influence your decision of choosing an online crypto casino? on: May 23, 2019, 09:03:48 AM
I think security its the most important feature. There are so many scams out there that if you want to bet a big amount only a few casinos seem legit enough to do so. Personally i use primedice and stake.
103  Economy / Gambling discussion / Re: How did today bullish trend affect gambling! on: May 23, 2019, 09:00:39 AM
My friend also has a casino and the volume is significantly higher, some days he said even x5 or x10 higher than before, also a lot more whales are betting, told me.
104  Bitcoin / Bitcoin Discussion / Re: Bitcoin HAS intrinsic value. Easy explanation. on: May 23, 2019, 08:25:20 AM
I also used to think like that, but capital in this market always shifts to the next best option. People have proven to not care about one coin going bust. 51% attacks on coins have also proven that it won't automatically translate into a shift from POW to POS because people believe it's no longer safe. Heck, 51% attacks don't even result in price dumps anymore, lol.

Most participants in this market are nothing like the OG's we had back in the days. If one thing isn't doing well, or isn't pumping, they hop over to the next coin.

For shitty coins no, for ethereum, however, considering how many tokens depend on it, if it were to die, all of them would die too, no? It's also a huge cryptocurrency, unlike the others, I'm fairly sure if Ethereum were to collapse for whatever reason, people would exit the market, at least the pros would.

it would definitely cause a massive shakeup in the ICO and collectible sectors as companies scramble to relaunch their projects on another blockchain.

i don't see it happening, though. ethereum is very, very firmly entrenched between projects and security tokens being built on top of it and liquid trading pairs on exchanges, etc. if any existential protocol failure happens, i believe the community will quickly align on a fix and the market will quickly recover. the same would happen for bitcoin too.

Well it is possible, not likely but still possible, critical vulnerabilities can still be found. My point is that it has no intrinsic value because when it dies, if it dies, there is nothing left, the price can drop to 0, the price of gold will never drop to 0
105  Bitcoin / Bitcoin Discussion / Re: Why do we need so many cryptocurrency exchanges? on: May 23, 2019, 08:22:10 AM
I noticed some exchanges have region restrictions now like what bitfinex did back at the end of 2017 with not allowing any customers from united states to have an account with them.
Also bitmex http://www.bitcointradingsites.net/bitmex-usa
Bittrex had to open a separate entity operating out of malta because of these restrictions associated with us customer base. https://bitcoinist.com/bittrex-segregates-us-traders-with-launch-of-international-exchange

USA costumers will usually use Coinbase because it's fully regulated there. A lot of big players use Bitmex which is kind of surprising, considering how shitty it is, every time there is a big move happening their system crashes, you can't place orders and have to click 100 times to make it work.
The thing with bitmex is all those people using it are only using it to gain leverage so to cash in on bitcoin when it rises or falls. It is not an exchange but a tool for those who are into trading on shorts and longs.
I dont use them so I couldnt tell you how lucrative this could be.

So? My point is that there are really big fish on bitmex, people there have millions of dollars. I mean you cant even withdraw at all times, only once per day
106  Bitcoin / Bitcoin Discussion / Re: Why do we need so many cryptocurrency exchanges? on: May 21, 2019, 07:19:37 PM
I noticed some exchanges have region restrictions now like what bitfinex did back at the end of 2017 with not allowing any customers from united states to have an account with them.
Also bitmex http://www.bitcointradingsites.net/bitmex-usa
Bittrex had to open a separate entity operating out of malta because of these restrictions associated with us customer base. https://bitcoinist.com/bittrex-segregates-us-traders-with-launch-of-international-exchange

USA costumers will usually use Coinbase because it's fully regulated there. A lot of big players use Bitmex which is kind of surprising, considering how shitty it is, every time there is a big move happening their system crashes, you can't place orders and have to click 100 times to make it work.
107  Bitcoin / Bitcoin Discussion / Re: Bitcoin HAS intrinsic value. Easy explanation. on: May 21, 2019, 07:04:43 PM
No it wouldn't, if ETH disappears people would quickly exit the crypto market because of the uncertainty created by it. It would mean any crypto can disappear at any time and no one would want to use them anymore, that's not intrinsic value at all.

I also used to think like that, but capital in this market always shifts to the next best option. People have proven to not care about one coin going bust. 51% attacks on coins have also proven that it won't automatically translate into a shift from POW to POS because people believe it's no longer safe. Heck, 51% attacks don't even result in price dumps anymore, lol.

Most participants in this market are nothing like the OG's we had back in the days. If one thing isn't doing well, or isn't pumping, they hop over to the next coin.

For shitty coins no, for ethereum, however, considering how many tokens depend on it, if it were to die, all of them would die too, no? It's also a huge cryptocurrency, unlike the others, I'm fairly sure if Ethereum were to collapse for whatever reason, people would exit the market, at least the pros would.
108  Bitcoin / Bitcoin Discussion / Re: Why do we need so many cryptocurrency exchanges? on: May 16, 2019, 11:55:46 AM
We do even some friends think we are.its not important about the sector, the biggest problem is monopol corps.if there are no rivals, there will be no improvements, price balance or owners satisfaction.
Among the exchanges on CMC and it is worth competing! Why create thousands of new ones? Answer the truth, how much you really do not just use, but know the stock exchanges? I can list about 15. All! I will not explore all the exchanges listed on CMC just to save on commission.

There are a ton of stock exchanges, what are you talking about? There are 60 major stock exchanges in the world but there are a ton more with less volume. The crypto market is too fresh so it needs new exchanges that have more regulations or other legal requirements that might be needed in the future.
109  Economy / Gambling discussion / Re: How did today bullish trend affect gambling! on: May 16, 2019, 11:20:53 AM
I have been investing into crypto-games and the recent bull run certainly affected my gains, a lot more people are gambling and therefore the chances of me winning, since I'm investing, are not really higher but faster, the more people play the faster it gets to the house edge.
110  Bitcoin / Bitcoin Discussion / Re: Bitcoin Winter: Can We Prevent it From Happening Again? on: May 16, 2019, 11:04:44 AM
There is a lot more volume behind crypto now compared to 2017, that will help tremendously, we still haven't experienced the crazy moves that happened in 2017 yet, this bull run is far more sustainable than the last but there is no question that something similar will eventually happen again. When we break 20k and real FOMO starts to settle in, another massive crash will eventually occur, then again it's part of the market, looking at monthly/yearly charts you can see bitcoin being in an uptrend even with the huge crashes.
111  Bitcoin / Bitcoin Discussion / Re: Bitcoin HAS intrinsic value. Easy explanation. on: May 16, 2019, 11:01:30 AM
By definition it doesn't. What you said about Ethereum is true, however, Ethereum could stop existing at any point or have some weird vulnerability, etc etc and would stop existing and disappear forever, hence no intrinsic value. Gold cannot ever go down to 0$ because someone somewhere will always be buying it, even if it's just at 1$ and it's not only because it has various uses in real life but also because it's a physical object and will exist almost forever.
If ETH disappears as you stated, some other cryptocurrency will take its place. Just like gold, someone will always buy crypto no matter what due to which it will always have intrinsic value.

BTC being a completely digital currency does not imply in any way that it does not have any intrinsic value whatsoever.

No it wouldn't, if ETH disappears people would quickly exit the crypto market because of the uncertainty created by it. It would mean any crypto can disappear at any time and no one would want to use them anymore, that's not intrinsic value at all.
112  Bitcoin / Bitcoin Discussion / Re: I will eat John McAfee's dick if BTC doesn't trade above $100K by end of 2019. on: May 15, 2019, 04:37:25 PM
Feel free to submit recipes. I'm leaning towards John McAfee's Dick Under Glass.

It does seem totally possible to be honest. The 24h volume is insane and a lot of cool shit is going to happen this year, either way it's a win/win, in fact, it would be better for bitcoin to go to 99.9k so you can benefit from the price and also eat Mcafee's dick.
113  Bitcoin / Bitcoin Discussion / Re: Bitcoin HAS intrinsic value. Easy explanation. on: May 15, 2019, 04:33:55 PM
By definition it doesn't. What you said about Ethereum is true, however, Ethereum could stop existing at any point or have some weird vulnerability, etc etc and would stop existing and disappear forever, hence no intrinsic value. Gold cannot ever go down to 0$ because someone somewhere will always be buying it, even if it's just at 1$ and it's not only because it has various uses in real life but also because it's a physical object and will exist almost forever.
114  Bitcoin / Bitcoin Discussion / Re: Why do we need so many cryptocurrency exchanges? on: May 15, 2019, 04:30:12 PM
That's how it works, ultimately the ones who are serious about it will try to offers something better, whether it's regulations, better fees, faster platform, more detailed charts, more trading options, margin trading, etc etc. We do in fact need more cryptocurrency exchanges, hopefully decentralized ones as well.
I think all these features (except margin trading) are available on any exchange.I also give an advantage to decentralized exchanges,but in addition to + they have negative sides.

What do you mean? How can all exchanges have better fees and faster platforms lol? I don't think you even read what I said. Exchanges just like everything else compete with each other. I don't care if there are 1 million exchanges, people will still pick the best ones so in order for exchanges to work they have to offer something new or better. Decentralized exchanges still have a lot to improve.

Decentralized exchanges are for future state glows. But even they have their differences. As said, there may be a million exchanges but only the best ones will be used.

Decentralized exchanges are great for exchanging but you can't trade on them, they are too slow, too clunky and they offer 0 customer support in the way that if you fuck up something, they will not help you, they can't. I can't imagine someone who wants to trade with 10m $ using a decentralized exchange where 1 click can make you lose hundreds of thousands of dollars, it's simply never going to happen. When decentralized exchanges are as fast as normal ones, a lot more people will use them.
115  Economy / Gambling discussion / Re: How important are VIP ranks and rewards to you? on: May 14, 2019, 09:06:12 PM
I only play using bonuses so rewards are fairly important to me, I have a thread here with sites that offer bonuses to gamble ''for free''. I know there are a ton of them in crypto. VIP ranks are fairly useless, increasing your chances slightly or not it's meaningless in the long term since you are losing anyways.
116  Economy / Gambling discussion / Re: Gambling with bonuses only on: May 14, 2019, 09:02:43 PM
With regards to bonuses, the bitcoin casino I used to play which is Vegascasino has a lot of it. For example in playing Slot games, it does have free spin features which can be triggered in various ways, it also has extra wilds, multiplier and respins. Vegas casino has a lot of games to play in and every game has great bonuses hence you will not feel bored at all. This bitcoin casino has also fascinating features like Mobile Friendly, No country restrictions, Live Chat, Email support 24/7, Low deposit options, Fast withdrawals, and SSL encryption.
I actually play in this bitcoin casino and it is pretty amazing because it offers various of gaming games, aside from that it is very generous on providing free bonuses for their players. Well i'm not interested about it before but then I have realized that it was a good opportunity for me and why not try other things like playing gaming games during spare time right? Before trying Vegas Casino i've search some information and details about it, it turns out good because it has a lot of positive feedbacks and reviews which makes me think that it has a good reputation. It was suggested by my friend and i'm glad to encounter it because i'm having fun playing different gaming games like poker, slots, roulette and blackjack. I recommend it also to some of my friends but i'm not forcing them about trying it, well I just want to share the great experience that happened to me while i'm playing on this bitcoin casino. I feel so good whenever I play, but unlike other people I can control myself that's why i'm not getting addicted on something like this.

Sounds good, if anyone else has tried Vegas Casino and can give an opinion, I might add it to the OP. This thread is exactly for that, if you are addicted at least this way you can play without risking your own money and maybe even win big if you are lucky, which you need to be in any case if you are planning to win money gambling.
117  Bitcoin / Bitcoin Discussion / Re: Why do we need so many cryptocurrency exchanges? on: May 14, 2019, 08:13:21 PM
That's how it works, ultimately the ones who are serious about it will try to offers something better, whether it's regulations, better fees, faster platform, more detailed charts, more trading options, margin trading, etc etc. We do in fact need more cryptocurrency exchanges, hopefully decentralized ones as well.
I think all these features (except margin trading) are available on any exchange.I also give an advantage to decentralized exchanges,but in addition to + they have negative sides.

What do you mean? How can all exchanges have better fees and faster platforms lol? I don't think you even read what I said. Exchanges just like everything else compete with each other. I don't care if there are 1 million exchanges, people will still pick the best ones so in order for exchanges to work they have to offer something new or better. Decentralized exchanges still have a lot to improve.
118  Bitcoin / Bitcoin Discussion / Re: Crypto Whales May Be Behind The Current Bitcoin Surge on: May 14, 2019, 08:10:54 PM
Why should it not simply be related to the geopolitics, the American tensions with Asia? Other financial markets do the same as BTC. And it often does. Someone mentioned a rumor about a foreign country. Well, why not, to avoid using the dollar? Then, why the country didn't buy EUR, GBP, or any other? What would be interesting to know is what this country is.

Or nothing at all, people and bots are trading every day no matter what the global politic/economic situation is, sometimes crashes and dumps happen for no real reason just like bullish moves can happen for no real reason other than people buying, coincidences, technical analysis indicators, etc.
119  Bitcoin / Bitcoin Discussion / Re: Crypto Whales May Be Behind The Current Bitcoin Surge on: May 13, 2019, 09:14:59 PM
Global trade wars, stock market overvalued, sanction regimes everywhere. Whales have nothing to do with it. The flight to bitcoin is completely logical.

Well, if you think an asset that has 20-30% gains or losses in one day is something completely logical to invest in as a large investor to secure your money you are illogical. It's a great investment for normal investors, traders, etc but not for super large investors who want some sort of security and a low volatility.
120  Bitcoin / Bitcoin Discussion / Re: Why do we need so many cryptocurrency exchanges? on: May 13, 2019, 09:06:58 PM
How many brokers for classic assets are out there? Thousands, why? Well, just like everything else, why are there a ton of different websites to buy the same things? To sell the same things? etc etc. That's how it works, ultimately the ones who are serious about it will try to offers something better, whether it's regulations, better fees, faster platform, more detailed charts, more trading options, margin trading, etc etc. We do in fact need more cryptocurrency exchanges, hopefully decentralized ones as well.
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