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11361  Economy / Gambling discussion / Re: BitcoinNews.com's English Premier League Football Pool Discussion Thread on: December 24, 2019, 06:34:27 PM
Thought I'd be top of the table with my Watford pick, seeing everyone say they got so few points. But my 7.5 wasn't too shabby after all, except it's about half of the yellow capper this week! Didn't realise ManU wouldn't be able to score. Also didn't realise Leicester would play so badly, etc etc.

Palace is costing me a lot of points AND money... this is a strange case for me of a team playing so well (I watch them a bit somehow these weeks) and yet not getting much for it.

What do you think... Watford starting a great escape? I'm betting on them again!
11362  Bitcoin / Bitcoin Discussion / Re: Bitcoin payment processor - technical advice needed on: December 24, 2019, 05:11:00 PM
Great question asked before and I don't think it actually exists, to be honest. There are standalone solutions (specific crypto and specific Point of Sale or POS platforms) that allow you to receive everything in THEIR crypto while people still swipe their cards and pay fiat. But that's still as someone points out, getting trapped within the VISA/MC/credit card system.

It is still much simpler to have a normal fiat account (since people will still as you say, want to pay in fiat), and then you just set your account to periodically exchange your balance into Bitcoin.

I would look at things like crypto.com (formerly Monaco) and then look at their competitors. It's still not ideal I would say as it's again another layer but that's as good as it gets now if you insist on converting all fiat to crypto when you get paid.

Why the hassle though? Why not get better rates and better management simply by making regular manual BTC purchases with fiat?
11363  Economy / Gambling / Re: ⭐ Crypto-Games.net ⭐ 5 Years Old! ⭐ Faucet ⭐ Wagering contest ⭐ Investments ⭐ on: December 24, 2019, 03:54:26 PM
Hey guys, just stopping by to say thanks for the unexpected Christmas gift. Keep forgetting how generous you guys can be sometimes, the longer I stay the better the prizes. Meanwhile, no-speed-limit bets during this festive season definitely one more reason to stay online till the new year. Merry holidays, guys.

On to the moon, and beyond!
11364  Economy / Economics / Re: The ballast on: December 24, 2019, 02:39:25 PM
Come on guys, I'm not that old, but it was gold was a ballast, time of the gold standard. Today, the most obvious and easy way to identify is the correlation between state fiscal capacity and the value of money. When the state's fiscal capacity is changed, I know the very subjective characteristics to determine this ability, but it is not a completely free thing. When we look more closely, we see that the less fragmented a society is and the more united it becomes in its ideal lathes, the less uncertainty about its currency and consequently the stronger it is.
this Bitcoin does not have and never will, I am sorry.
The ballast aways be necessário, they apperent unnecessary is a illusion.

Probably something lost in translation but I totally get that opinion that Bitcoin does not have one cohesive society (probably true now) but we won't have enough data or time to find out if it never will.

Gold has certainly outlived modern economists too (in the 1970s they predicted the dominance of fiat would eradicate gold's value in a decade, and it has only become stronger). I don't see why Bitcoin won't go on to prove the economists wrong today.

Remember, rational models no longer work.
11365  Economy / Speculation / Re: Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst on: December 24, 2019, 12:48:41 PM
Got some really interesting bets on some peer markets right now actually. Some guy willing to pay up 100x on Bitcoin going to 5k before 1 January. That's really "only" a 30% loss and we've definitely seen much worse happen much quicker, but yeah, hard to see BTC going less than 6k or more than 9k in the remaining week of the year.

Still hoping for fireworks but probably best just set some orders if you're trading and then enjoy the holidays.
11366  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 24, 2019, 11:44:17 AM
Actually, that list still doesn't have my username in it, so I've messaged the support team about it. They seem to have a problem understanding though. First guy said I've to win all 15 to win it. Second guy says they have to email me back about it. But if it's already settled, might be an issue with paying out I guess, huh?

I'm definitely putting in my 4th week. 8,8, then 10. Maybe I play long enough and I get 15 right eh?
11367  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: December 23, 2019, 06:11:48 PM
Hey guys, back from just one of the many Liverpool highlights of my year! Sportsbet have been more than awesome. They flew me out to watch the CWC finals in Doha. When it became clear the flights were bad timings, they extended my stay so it was a relaxing and comfortable visit. Some random pics, no face pics sorry =D



Anyway, great stay, they treat you like royalty, great dinner with the bosses, great match (sorry SB you had to stay and watch the awards haha), and awesome times all around. These guys went big on meeting us out there and keeping us company. There are very few in the crypto gaming business who would have gone out of their way like these crazy guys did. It was a bloody good time, and they're gamers and sports people just like us punters. This isn't just a business for them, clearly, they're passionate about crypto and gaming it's infectious.

A great advertisement for crypto and sports betting, if there ever was one.

Thanks again Steve and SB! Big hearts.

P.S. Now I really got to book a flight to UK to celebrate that other elusive trophy... right guys? Shall we all descend on LFC Bitcoin?Wink

11368  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 23, 2019, 02:12:02 PM
Actually that list is seldom updated with my username (sojourner). I remember in Week 1 it hadn't even shown the guys with 10 and 11 until manually updated. Pretty sure someone has had 11 or 12 of there are 3 10s! At least Four even, including myself.

A few not so unpredictable upsets if we're being honest. I think any week we don't have many draws is where I'll do well haha.
11369  Economy / Speculation / Re: Q4 -Quarter 4 speculation thread, where will 2019 end, join the LIST on: December 23, 2019, 01:08:20 PM
Dragon, Christmas is approaching and I've been a very good boy. Maybe Santa ticks it up several rackets, enters top gear and burns the nitro.

Still very dull end of the year, so am hoping for a lot of fireworks in the final week. The way things been going, can't help but smell something round the 2020 corner. Pure psychology, something got to give.
11370  Economy / Speculation / Re: Two Years Ago, Bitcoin Was Over $19,000 — What Happened? on: December 23, 2019, 04:56:04 AM
The beginning of the end was the sentiment in repeated parabolic cycles of the past, though in the last one I witnessed, was strange that long time holders (supposedly) had said that this time the end was starting.

I never figured out why these guys left. Why they thought the real end had started. After seeing themselves several times how the cycles go. Perhaps the 2017 really was the first time the developed world truly saw and heard about bitcoin and that was that.
11371  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 23, 2019, 03:53:48 AM
I knew Real would flop again but if I had them to lose would have lost my pick anyway. 10 correct guesses, my nest performance so far, though got to say I really should have gone with City and Leganes. The bookies had them as favourites and I ignored the numbers.

Was a rather normal round though so am sure someone will have won 11 or 12... Let us see.
11372  Economy / Trading Discussion / Re: Psychological Mistake of the Beginners Traders on: December 23, 2019, 01:20:44 AM
I kinda have the same feeling that having mentor would just either give you bad practice for years or just literally do nothing with your skills because probably they're just gonna want you or at least expect you to imitate what they do.
My friend introduced me cryptos but that's the end of the line of our communication that is crypto-related.

I don't think trading is sustainable at all. BUT I will say that the mentorship sector isn't as bad as it's made out to be. Sure, there are charlatans out there, but these are guys selling signals and strategies. But genuine trading schools, I think they're all right. I actually think if more traders actually picked up some of these lessons, and learnt basic fundamentals and took a bit of coaching from experienced traders, they'd learn how to trade a little bit better without emotion -- the timeless killer of amateur traders.
11373  Economy / Gambling discussion / Re: Sportsbet.io Betting discussion thread rev on: December 22, 2019, 08:22:31 PM
Sup guys! Can't really login well to my accounts from my current location but I fly back tomorrow and maaaaybe I can check my own results at night. To be honest, can't remember what I picked. 1st round I did half underdogs but failed on the draws so did 8/15. Second round I went mostly favourites and failed on the underdogs and ALSO did 8/15. Looks like I may not even end this round on 8 (I selected a few favourites, and almost no draws). The draws are always the killers, it seems!

Well done so far Pamoldar, @Eden 70% bankroll gone, since when? Haha. At least you're having fun, right? Should meet up all of us some day!

Edit. Just checked and I got 9/13 so far. My best performance thanks to quite a few underdog bets (again against Juve), but the last 2 bets are on the favourites (I think?), Napoli and Real. Is 11/15 enough to win? I bet others got it right too.
11374  Economy / Speculation / Re: Day Trading for a Living? on: December 22, 2019, 07:17:28 PM
The advantage is you can earn faster but the disadvantage is you can have a losses for a week or month because day trading is very hard. even you have that knowledge in crypto it is not enough. especially this days that the market is not good enough to take day trading. I wouldn't recommend it if my friend want to try day trading. 

You don't earn faster, you simply have a higher frequency of trades. Day trading actually looks to just use what hopefully is a positive strategy with a slight edge, but to use frequency to turn that small edge into significant +EV. so a tiny 0.1% profit done 100 times becomes 10%. Like you said, though, as the majority of traders lose money, you'll actually only accelerate your losses with daily trading.

And actually this condition? It's good for day trading. You want volatility and the ability to take advantage of panic to keep short selling.

It's purely for automated trading strats now. If you're still manually day trading, you're wasting your time IMO.
11375  Bitcoin / Press / Re: [2019-12-17] Bitcoin’s failing price could be caused by $2B Chinese Ponzi scheme on: December 22, 2019, 06:13:17 PM
Has anyone collated info on shitcoin halvings for those coins that have it? Does it have any type of notable effect?

I assume demand and volume swings that much more violently than BTC that those factors overwhelm it.

i've only looked into LTC. the last two times, it had major pumps---against both BTC and USD---leading into the halving. from may-july 2015 and january-april 2019 it strongly outperformed BTC and the rest of the altcoin market.

i think that says something about the halving effect. LTC is one of the most liquid altcoins though. low cap coins may not behave the same way.

If I recall, this was also a coinciding event for Segwit adoption. I believe a lot of people still feel LTC takes some credit for being a guinea pig for potential Bitcoin upgrades, and the successes it had with Segwit, atomic swaps, lightning, coinciding with halving and then with people claiming credit for the upgrades Bitcoin eventually took up after it, all contributed to those pumps.

Personally, even with Bitcoin, halving immediate or short-term impact's already almost negligible... everything is priced in gradually already.
11376  Bitcoin / Bitcoin Discussion / Re: Would it be realistic for the world to run on cryptocurrencies? on: December 22, 2019, 05:19:21 PM
Correct, if the government will give permission and adopt crypto system then it will be able to allow the entire nations to use crypto same  like with how normal fiat and other digital money was been used. It's about how things will be handled by the rules of each countries, the jurisdictions will be the deciding factors.

The number of people in this space who actually think this is shocking. Not surprising to me anymore but shocking nevertheless.

I am using bitcoin and any number of people I transact with do the same. Tell you what, we don't need or want permission. We'll be happy if the state allows it and facilitates, but we're okay either way and we don't need their greenlight.

The day we're all looking for permission is the day we've lost the plot.
11377  Economy / Exchanges / Re: Poloniex revives unverified accounts on: December 22, 2019, 12:51:19 PM
The vpn limits generally mean you can't use a non-premium/paid service but hear that paid ones update IPs often enough. Seychelles fast becoming the known unknown now isn't it?

But soon AMLD5 would anyway ease things off actually for eu based crypto exchanges. Era of no kyc will soon be over but when you can still do it at places like bitpanda licensed in Austria, not sure why people would return to Poloniex, given all their past user transgressions.
11378  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: December 22, 2019, 10:50:18 AM
Good game, very competitive but LFC deserved to win. Only negative was the referee, I thought he was a joke.
Any way, LFC did what LFC do - Always find a way

Amen, mate. Full credit to Flamengo, they didn't make it easy and they were as brave as promised by their coach Jesus. I think in the end, Klopp's stamp on the team won out. Clearly, the Reds were fitter, more patient and we basically played to the same tempo and commitment in extra time, while the Brazilians cramped, were tired, and had their heads slightly down as if preparing for penalties.

The Mane foul not foul was ridiculous too, that was incredible to not have gone our way.

Still. Big game, great spirit, and great way to end that wait for that trophy!

Will share a few more pics, and updates when i get back!
11379  Bitcoin / Bitcoin Discussion / Re: Is This Why Bitcoin Suddenly Rebounded Yesterday? on: December 22, 2019, 09:57:38 AM
I've never really bought into the estimates. I think they're getting better, for sure, but there are still a lot of shortfalls in the calculations. And miners will keep mum about it too, since it benefits them to let people think they're mining at such high cost.

I mean, all the models assume miners immediately sell what they generate. I don't think that's the case at all. Miners speculate quite a bit too, and they hold, batten down the hatches in these times, and flood the OTC markets at better prices or during spikes. I'm pretty sure that's how it happens.
11380  Economy / Gambling discussion / Re: BitcoinNews.com's English Premier League Football Pool Discussion Thread on: December 22, 2019, 09:26:35 AM

They should maybe even think about playing some of the tournaments out of season, especially if clashes like this are going to keep happening. It's pretty boring when the seasons over for months and professional footballers are not school kids who should have months off (and especially the amount of money they earn), but I agree playing three games a week or two in quick succession is too much. I've always thought they should do some sort of club world cup where all the best teams from all around the world play. Do it in the summer every four years or something in between the EUROs and World Cups when nothing is on. I'm surprised they haven't tried to do this already really because it would be like a mix between the World Cup and Champions league and would be huge in terms of revenue.
I doubt that such World Cup for clubs would be interesting because level of football in other continents is much lower. There is only very few clubs in South America and Asia who can give some competition for top European clubs.
And season is already very long. Footballers are getting millions for their work, but they're humans only. When there is Euro or World Cup, they have just month for recovery until new season. And it's not enough. Just remember how good Modric was in World Cup and how he played almost half season for Real Madrid then. And we can find many similar examples.

I think the problem will always be Europe, at least that's the opinion of Asian federations, and even South American. The winter and summer breaks seem to be non-negotiable and almost part of the European football culture, whereas for everyone else, the calendar year is how the season starts. Schools in the global south start in January, so does football, so does basically everything else. We have a 2019 season, but Europe has a 2019/20 season, school and everything starts in July/August in Summer I always found that strange too.

So if the Federations found a way to sync their calendars, it would work out. And definitely a big club world cup proper tournament every 2 years even would be super, but then the international qualifiers and the other continental cups would suffer because their players would be playing club football. I don't know the solution either, but there definitely has to be a better way.

I will say though, that club competitions like these ARE important, otherwise the hegemony in Europe continues and we get shittier and shittier football in our regions in the south.

But back to EPL. I'm going to try and catch the Hornets game to see if they can improve on their showing against Liverpool and beat United. 5/1 isn't too bad for a home game right?

Also, why the hell do Newcastle keep winning and Palace keep losing? Didn't watch that game but every time I see either play, Palace surely has better football.
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