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1381  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Bitcoin Lightning Network ⭐ on: November 20, 2020, 12:53:46 PM
What I often find useful, specially when looking at new casinos is to check their reputation. This is something newbies are encouraged to do before depositing their money onto dodgy casinos.

I was just going through some reviews and I came across the review on this casino.





So, I thought it might be useful for new people to see the pros and cons of this casino, and what it offers, as well as what other people think about it.
For the full review click here.


1382  Economy / Gambling discussion / Re: 🎄 Top Christmas Casino Bonuses You Don’t Want to Miss Out On 🎄 on: November 19, 2020, 05:13:26 PM
Can you really say that casinos' bonuses are more generous during these festive times than their normal promos and bonuses? Maybe they're not that different...

A good casino would run promos and bonuses for new and current players throughout the year, but I suppose if a casino wasn't to promote Christmas challenges and content overall, people might not like that as much and might start avoiding those places.

Anyway, I also feel that just because casinos and places generally have Christmas related promos that doesn't necessarily mean they provide better value for money than they would otherwise.
1383  Bitcoin / Bitcoin Discussion / Re: BTC market cap hits ATH on: November 19, 2020, 01:20:27 PM
A growth in the market cap is exactly what we need to see, as a higher market cap means that new money is being pumped into the market rather than more BTC being unlocked.

This is the type of stimulus which will help it reach the highs everyone is excited about.
1384  Economy / Trading Discussion / Re: who actually moves the price of bitcoin? on: November 19, 2020, 10:29:16 AM
The better question to ask is what moves the price of BTC?

The response is simple: supply and demand. And the players in the filed such as whales, institutions, investors etc are contributing to tipping the market of demand and supply, and what seems to be happening now is that demand is much higher. This could be to these players speculating that BTC will go up in value. This in turn creates a positive loop whereby more and more people now become interested in buying for fear of not losing out, reinforcing the cycle.
1385  Alternate cryptocurrencies / Altcoin Discussion / Re: Deflationary Tokens on: November 18, 2020, 11:34:47 PM
Please kindly share the name of the token, many deflationary tokens I knew are almost dead now due to lack of use case, investors are now smarter to avoid projects that have no real life use cases because in a very short time they will become worthless

A great example is $BNB, a solid project with a great number of supporters. Investing in deflationary tokens can benefit long term investors. Given that all fundamentals in the company's business remains constant, the token price will go up overtime due to regular token burns. Not looking at much the volatility, and looking at the historical data, $BNB has reached all time highs after every token burn.

I feel that binance is one of the few exceptions of the deflationary token system working rather than the norm here . Too many projects are trying to lure in ok investors with the deflationary token mechanics without any base fundamentals.
Burning a token without any fundamentals is burning something which never existed.

Token burning without a fundamental is exactly the issue here. Because this in reality doesn't shorten the supply the expected value driven by a round of token burning would not bring a long-term inflationary token price. If anything this will only be temporarily.

It seems to me that most project nowadays add this feature just to keep up with the trend and reap the short-term benefits this might bring, but not really projecting the real value a true token burn can entail, and this means that some investors lose big time, not to mention the deteriorated trust in the crypto system the project was built on.
1386  Economy / Gambling discussion / Re: Gamblers lose more money than win. on: November 18, 2020, 10:07:12 PM
Not all gamblers faced the situation like loosing all the time. If you are clearly deal the gambling on betting and ideal games, you may win more than loosing funds. Sometimes you may get attracted slot roll or lucky spin kind of games, mostly these games users are finding loss more than other way gamblers.

Gambling is closely related to luck, so it is likely that people who are indeed lucky at gambling will have a chance to win rather than lose money.

In theory I could agree with that but in reality only a handful of people are that lucky to be winning strikes in a row, the fact is that the losses far out weigh the winnings. But this is the nature of gambling. I also find that when you feel lucky you go in big and when that ends in a loss because you feel lucky you keep betting forming this perpetual cycle. Of course, this is more the norm for people with an unrealistic idea of the world, themselves and gambling.

This is why is best to have a prepared exit strategy and be prepared to walk away as soon as you reached your pre-set spending limit. Sure that takes dedication but habit is the power of success.
1387  Economy / Gambling / Re: BITRUN - PREDICT THE PRICE OF BITCOIN AND WIN BITCOIN on: November 18, 2020, 08:51:53 PM
I don't really see the point of betting on the value of the bitcoin. Then you can even better just keep the bitcoin yourself if you think it will become worth a lot.

To me this type of game is more difficult and challenging to win. While it is exhilarating to find out within 1 min if you were right or not from my point of view a better approach for me would be predicting its direction.

One other thing that surprised me was that I didn't find any info about where the BTC/USDT value is taken from? Making this clear will help people to better extrapolate.
1388  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin always remain an investment vehicle? on: November 18, 2020, 05:22:45 PM
Or will it one day be truthfully utilized for day-to-day life like paying for meals?

I think it is safe to assume that at least for the next 5 years or so BTC will mainly be a market for investment. This is because in my opinion even if BTC continues with the uptrend we are seeing now, people and institutions will see BTC as too risky and volatile to set a business as their mainstream finance pipe, but I do think that in a few years time the picture will look very different. In the sense that I do expect digital currency to be playing a much larger part in everyday purchases. And it may or may not be BTC, but the path for cryptocurrency is visible!
1389  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a world power? on: November 18, 2020, 09:28:02 AM
I will say you are right, but let us know that bitcoin is valuable than to be used only one person to referred to its progress, without Biden, bitcoin has been growing, it is supported by people because it is decentralized and deflationary currency. This means that even without Biden, bitcoin will still grow the more because more people will support it and be using it.

I agree. Although there are a few out there who can't recognise BTC as a digital currency and a few who do, at the end of the day what's important is adoption by the majority.
Even if public facing personas like Biden recognise the power BTC entails, the major role is still about the rest of the world responding in a positive manner.

Given the current state of the BTC it look likely that more people will join the BTC market just like they did in 2017, and that would contribute greatly to increasing BTC's marketcap which is what's needed to see the abundant growth everybody expects/talks about.
1390  Economy / Trading Discussion / Re: Small assets, trade or invest? Good decision? on: November 17, 2020, 11:17:28 PM
Trading and investing - both are two different methods of making money and both are meant for different types of people. Traders are risk-takers while investors are most likely stays away from risk. So your decision depends on you and your outlook towards risk. There's no right and wrong decision involved. It's all about choosing a method which suits you better.

Agreed. Trading vs investing can both make you profit if you know how to utilize the strategies to your best interest.

Nonetheless, either of the methods present their own risks and a fair amount of research needs to be done before hand but you'd need to do that anyway irrespective of which way you decide to make a return, crypto or not.

I'd be more interested to hear more about investment options that either you or other people are doing i.e. yield farming, staking, liquidity mining? It would be great to see your thoughts.
1391  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Yield Farming + Dividend Sharing Be The Next Trend For DeFi? on: November 17, 2020, 09:32:30 PM
Given that most DeFi projects are now haunted by low APY and high price volatility, I have been wondering if there is any new approach to resolve this problem in the existing yield farming model.
So, minutes ago, I came across a DiFi project called Dividednz Finance which self claims to be the first DeFi protocol that offers both Yield Farming + Dividend Sharing. In a nutshell, it shares its revenue with its token holders which makes sure that every token farm on the platform is backed by real assets.
I am stunned by this idea and think it would lead the next DeFi trend. Here is their whitepaper and TG. DYOR.
https://dividendzfinance.medium.com/dividendz-finance-wp-96dc63190cfa
https://t.me/DividendzFinance

If this indeed is what the project provides, then I think this is still a pretext to form the so called 'community' which in turn because they'd have a stake into the mess they'd likely assist with the project.

In other words, this is just another way to utilize token holders to artificially inflate their token price as people would buy them just to get a share of the revenue. It is just another spin of yield farming, and staking.

Not a project with real vision, value or long-term potential - but a short term 'get rich type scam'.  That's so far my opinion about it, but if other would like to challenge it - let's see it!
1392  Economy / Trading Discussion / Re: What do you really need in your trading? on: November 17, 2020, 06:29:05 PM
I think in order to succeed in trading you don't need signal groups or any tutor to 'guide' you through your investments.

What you need is knowledge of the market, different strategies, information on what others are doing how are other investors acting etc - all of this is information. And in line with this you also need a network of people you trust and can share information about opportunities as well as dangers.

Thus, the two most important things that go beyond trading are:
  • Information/knowledge
  • Trusted network
1393  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ 0.8% House Edge on Dice ⭐ Bitcoin Lightning Network ⭐ on: November 17, 2020, 04:07:38 PM
Quick update one the latest JackPot winnings across the different games - though so far most of these jackpots are related to dice.

Potentially an interesting observation across the platform?

1394  Economy / Speculation / Re: Bitcoin $318K by December 2021 on: November 17, 2020, 11:25:35 AM
...let people address about how bitcoin will get to $500 million marketcap first before approaching $1 trillion and then to $2 trillion marketcap.

I agree, despite BTC going super strong right now there is one thing to have it go up a few millions and another multiplying to trillion in the space of just 1 year. The problem with this speculation as I see it is no so much around the marketcap value it could reach, I think BTC can reach trillions in marketcap, but the question is about WHEN. It is always the element of time that dictates when the profitability comes, rather than the value on its own.
1395  Economy / Trading Discussion / Re: Extreme greed on the market on: November 16, 2020, 10:18:34 PM
I usually can't predic the price in such vulnerable market. It is very tough though. If yoi consider your holdings you will se some changes. Yes Btc is high now and getting increased. But see the altcoins. It is getting dumping now. So price analysis is now hard to predict. So it is no matter which indicator you used.

I don't think the whole altcoin market is down now also you really can't predict the price of the market since it's volatile those indicators and charts are just your guide to what could be the outcome and there's a lot of outcome that can happen and you should make a strategy on how are you going to handle the outcome.

only selected altcoins can determine the bullish momentum in the current situation,
such as Defi altcoins and of course Ethereum, we know that this is a difficult season for altcoins,
but we don't give up, just keep holding your altcoins.

I come to realize once again that every time there's a sway of the market in a different direction sentiment among newbie investors changes dramatically.

You have people who pour lots of money into shit alts and then worry that their investment isn't doing well because they ignored the signs of a bull BTC market.

The only thing you an do is learn not liquidate, and next time look for better opportunities and get to look at the market for over a few days as for sure you'll start seeing the trend/pattern the market is heading into.

Speculation isn't good if it comes from the back of a 'gut feeling' but from a more elaborate analysis of the market. As any speculation warrants at least some evidence.
1396  Economy / Service Announcements / Re: Crypto Exchange on: November 16, 2020, 08:29:37 PM
If you are wanting to venture into new exchanges here is one where you can buy and exchange not only Bitcoin but Ethereum, Litecoin, Tap and Huobi Tokens all at the click of a button - let me know what you think: https://www.tap.global/

I fail to see transparency about this project, and we all know that in the world of crypto where transactions aren't tied to any particular identity having transparency is key. On that point this project from my point of view failed. There are enough platforms like these which promise a sweeter deal but at the end of the day the legitimacy of it is lacking.

Also, what's the point of having a BANK (as what you shared on here is not a regular exchange but more of a bank) which can deal with crypto but without an ounce of decentralization and a complete local authority? It just doesn't go with crypto or modern exchanges!
1397  Economy / Gambling / Re: Betnomi Poker Series $1000 prize pool minimum on: November 16, 2020, 06:31:34 PM
I purposely lowered the time bank for everyone. Some of you guys take 2 hours to make a decision when you usually know what you're gonna do right away. ~

I did miss playing couple of hands because of the short time bank, but overall I'd prefer it like it is now, I mean, short. The game feels more alive this way.



As a fan of the style which involves patience and cautiousness, rather than aggressiveness and recklessness, I was deeply impressed by your yesterday's performance: so many check-folds, and the win in the end! Great job!
This is clearly a strategic move, and one that makes a lot of sense.

If you have a crap hand there's no point in raising or bluffing your way through as that will most definitely cause you to lose.

However, when you get a strong hand there's nothing stopping you, you can start applying your well learnt strategies to convince others to raise you as much as comfortable and then make for a clean win!

This is a strategy of cards not other way round, and patience is by far one of the most important factors.
1398  Bitcoin / Bitcoin Discussion / Re: HODL ₿itcoin for Life, not for Lifetime. on: November 16, 2020, 05:01:28 PM
It is advisable to hold but sell if you must, as simple as that.

In my opinion, the consensus is that of a HODLing position. If you can hold and hold for as long as you can, unless life throws you down. With so many indicators around we have seen that year on year BTC has provided nothing but an upwards trend.

Take this and apply it to a market visible in the next 5 years and that investment if you managed to HODL would have made you more than any other "passive investment" could ever make you.

It really is that simple.
1399  Economy / Exchanges / Re: Will PayPal be a new crypto-exchange? on: November 16, 2020, 11:48:18 AM
Since PayPal just announced that crypto trading and payment services went live in the US, do you think PayPal may turn into a big competitor to existing cryptoexchages? They can also launch a crypto-currency trading desk as well, why not.

I don't see PayPal serious enough about the cryptocurrency market to turn into some sort of centralised exchange. The reason for this is that in my opinion Paypal added the ability of its customers to buy/sell crypto only as a "face" and to ensure that if crypto does end up handicapping the finance industry (which I think at some point in the future is inevitable) they will have a stand in it and won't be missing out.

Even if they were to adopt something like that in the future it won't make it any different from a centralised exchange like eToro, and definitely not close enough to DEX.
1400  Alternate cryptocurrencies / Altcoin Discussion / Re: Lebanon to launch digital currency in face of economic and financial turmoil on: November 15, 2020, 08:44:02 PM
"state-run digital currency" - that's all I needed to see.  Cheesy

A state-run digital currency is like electronic cash in our bank accounts. Nothing different. Cryptocurrencies on the other hand are decentralized by nature. At least that's what they represent in my mind.
They should adopt and encourage Bitcoin utilization, not create a virtual currency just because people are holding money in ther houses. It's a petty.

I agree. Anything run by the central government even if it is digital does not mean decentralization, and I agree that it is no different from a bank.

The fact that there are talks about a digital currency is irrelevant to the world of crypto which is based on anonymous identity and decentralization.
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