It's the same thing. By resetting it yourself you're basically setting a max bet limit for yourself. Eventually you'll lose because you'll hit your limit without the wins that you expect.


You've heard the asnwer so many times but you refuse to accept it: "random".

Both ETH and LTC are lagging BTC in 2019.

https://coinlib.io/compare/2019-01-01/BTC/ETH/LTC

I would appreciate if you could read before posting in this thread. I don't want this to become spam thread.

I had already explained many times why I created this thread and it's not frustration. Many users already said "some coins will go down some coins will go up". Please read more than just the first post and take part in the discussion. Thanks.

Do you mean trading pairs like ETH/BTC? I don't think that defines correlation. It's about the fact that cryptocurrencies in general belong in the same very narrow industry. Like all oil stocks go up and down in lockstep because some crown prince said something regardless if those stocks are traded against USD or EUR, cryptocurrencies also move mostly the same direction when something happens that affects the crypto industry.

By market cap (~$200 billion) this industry is similar in size to S&P airlines sector for example, and about 5% the size of banking, to give you a sense of scale, even tho stock market caps don't compare directly to crypto often fake market caps. This shows both that there is lot of space for growth and that being so tiny it can be affected by any little thing and there is not much room for diversification inside it.

No, it's not diversification if the assets are not diverse. Correlation is a major factor in stock portfolio management so your analogy just confirms that it should be considered when investing in crypto as well. Low correlation can reduce risk, high correlation can increase risk.

I think it's the other way round, BTC wins out in the long term while some alts may or may not make gains in the short term.

There might be reasons for people to hold alts. Maybe they believe in the project and want to support it even at a loss. Maybe they need it to conduct business. But I think it's crazy to hold alts hoping for alt season that may never come and even if it comes it will not be the way most bag holders imagine it.

Youre not the first one to come up with a variation of martingale that you think beats the house. But even if you had unlimited funds you still can't do it. You will always lose because of house edge and max bet size. You should create a simulation and test your strategy on millions of random crashes.

Except you can't know which are weak and which are top. BNB didn't even exist a couple of years ago and it's tied to a success of one exchange, which can change in a moment. Remember Mt Gox, Cryptsy? Even Poloniex isn't doing so great. All of these use to be top exchanges at some point.

Even ETH has its problems and can flop. It's already 80% off ATH. It's not scaling well etc.

There is only one coin that's most likely to stay at the top whether the market goes up or down and that's BTC.

Check the top 10 coins in 2015 and let me know how many are still in the top 10. And would you have guessed back in 2015 which ones were to stay?

5 years from now BTC will still be #1. Other coins come and go.

Don't think about it, just post like you normally would post. You can never guess which posts will earn merit and which won't. I think if you try too hard other users can see that it's a forced insincere post so your chances to get merit become lower.

Ok, so it's a referral program, not an affiliate program, I used the incorrect lingo. The point still stands. You need to find suckers to fill your pools. And if you have enough suckers you don't need anyone to share your profits with, it doesn't make any sense. You could make a few "free" bets and make as much "free" money as you want.

There is something you're not telling us.

It's risk free for you but not risk free for the other members of the syndicate, who need to supply 90% of the stake. It's not really that different for other affiliate schemes - bring some suckers in, we'll kick some money back to you.

Easiest choice ever. Buy the top 1 in market cap. Advantages:

• Huge liquidity and many ways to exchange with fiat.
• Many use cases if you want to spend it directly.
• Solid network - lots of mining power securing it.
• Name recognition, public acceptance etc far beyond any other coins.

I would probably think he's cheating, so no I wouldn't join him and most definitely I wouldn't be playing against him. The other thing is that people who win a lot often end up losing a lot so I wouldn't want to get involved in that.

The point I'm trying to make is that it's impossible to guess which altcoins are going to be the "some" that are good. And it's quite possible that none of the currently existing coins will go to the moon. There might be some new coin at some point that will repeat ETH rise for example. You simply don't know. Holding altcoin bags is like gambling. If you wouldn't go to a casino and gamble $100 at a roulette table then you shouldn't be holding $100 worth of altcoins. If you can afford to gamble $20 then maybe you can buy $20 worth of your favorite altcoin but honestly that sounds like a very boring way to gamble. I prefer a casino.

Shouldn't those threads be moved to the Games and rounds board? Just asking, I'm don't know enough about the rules for these boards. Or about cricket either 

What's the name of the site?

This service that you're offering should be in IBG board or in services. It doesn't have anything to do with cryptocurrency gambling, you're just asking for money from other people. You're saying the site doesn't even support crypto.

Yes! I mean no! No, not a good advice, yes to your post. Diversifying among shitcoins is like diversifying among penny stocks. Worthless, useless, extremely risky with very limited upside. Unless you hit something like ETH was in 2016 you're not going to overcome the losses from the 99% garbage coins in your diversified portfolio. And even ETH is like 90% off ATH currently. And the next breakout coin is not going to be like ETH, so gambling on imitations like EOS is also not going to work. Even being technologically innovative is not a guarantee that it will be a good investment.

I've been agitating for selling altcoins but most users (even when you ignore signature spammers) still think that holding a shitcoin that lost 90%+ is better than selling because it might still recover. With that kind of logic unfortunately there is no hope to educate them.

The user with a -39 rating talking about scams is hilarious.


So what's the probability of that, 10000x10000 (1 in a 100 million), am I right?  

By the way the description is not very clear, it looks like these numbers mean bet size but it doesn't say so:


Change to to something like "If you bet over $40 you're eligible to win 100% of the jackpot", you want to be very specific about rules.

You would get 10% which is better than zero, isn't it?


Those two events (BTC thriving or falling) don't have the same probability so it's unfair to present it as some sort of equivalency. And if BTC falls then alts most likely will fall too. Stick with the leader.