Nothing will shut anyone up, since you said you saw everything in this market what is the query you will be getting all the time. - Will the price reach the all time high valuation
- When we will see Bullish reversal
- Can we expect a rally now
You also forgot - When would the price starts to grow
- Is this a good time to buy
And the undying connection between the price of crypto to something that is in trend just like corona virus and the market crash. |
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Rich people usually can afford stuff like that. When you have 20-50 million to put on bitmex and try to profit from it, you will have a bigger chance of a success compared to a person who puts up 20-50 dollars in total. The amount of money that is required to move the whole market up or down is a lot but when you have that type of money you can wager on bitcoin to go up and actually take it up yourself as well all leading up to you making a lot more money.
All in all being a whale helps you trade even in bitcoin world and it has always been a great deal in stock markets, look at Warren Buffet, whatever that dude buys goes up because he is both famous and rich enough to buy a ton of it to make it go up just from buying.
Yes but keep in mind that the whales that make these 20-50 million dollar bids/asks they always have a risk incase some other whale takes that trade for them. There were times in the past when some whale was spoofing and he got caught on the other side of the market when some other whale just as large just took his bid or offer because he wanted to take profit. Then what does he do? Warren Buffet might be rich but the stock doesn't go up just because he buys it. Most of the stocks he hold he held for many many years and even if he was a buyer he wouldn't be doing a market buy. He just holds many of his positions due to dividends and because the stock value will result in more money than keeping cash in a savings account. I don't think Warren Buffet is someone who pumps and dumps stocks. This is why I like Bitcoin or crypto the price couldn't easily be manipulated. It takes some huge amount to create a movement and if their plan didn't work then it would be a huge loss for the whales. They could create some FUD and FOMO by moving their crypto but if people wouldn't care about it or ignore it then nothing would happen. We are the one who is creating this price pump and dump every one is contributing to it so don't blame the whales or other things. |
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It isn't just ETH every crypto is volatilebthe price of each crypto could go wild any moment,
It only depends on the market situation and of course the traders.
The volatility of crypto is what most of us are using to gain profit and that is also the reason why other business wouldn't accept it in terms of payment.
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What I am really into these days are those altcoins that are not on their all-time-low areas. The most interesting are those altcoins that are new and started during or after the last bull season 2017-2018.
Chainlink or Unibright is really kicking right now, especially they are something related in dApps of Ethereum.
I lose track of those alt-coin that had been successful in their ICO and have a good team. I just focus on the big ones that is on the top list, I wonder how many successful ICO's back in 2017 that are still kicking right now. |
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I also wants to conduct a seminar at our house but the problem is only few people around us are interested in crypto,
So instead of having seminar I just spend some time with them one by one and having a conversation about crypto and all the things they want to know about it.
I also told them that they should never invest in some online investment that promise them a great profit in just a short time.
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If this is the level of gambling addiction the I guess the highes that I have been was 5.
But now I am only at level 1 I don't gamble much now I just want to open a new gambling site or new gambling games.
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Ok you are gambling just for fun, your friends and neighbors knows that and a friend invited you to his party to be one of the candidates as a councilor and campaign will start in 6 months, now, of course, you need to have a good reputation, will you stop gambling just to have a good image this coming campaign and how will you defend yourself if accused as a gambler.
It is obvious that they have faith in you that is why they decided to put you up into a candidate for councilor. I wouldn't stop gambling and I would clarify that I only gamble occasionally to have fun with my friends and it wouldn't affect my work as their councilor. |
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Bounty payment matters and bounty is already dying,
So I suggest that for the future bounties they should make some payment that the hunter could already use or trade.
For example their bounty allocation should also be split into half of their project crypto and half into BTC,ETH or USDT,
In order to secure the reward of their participants and there should be an escrow for every bounty.
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Nobody can guarantee us the bull market will be kicking in if Coronavirus never happened.
Remember when Bitcoin halving happened in 2016? did the bull market start that year?
No, the bull started a year later after a long period of accumulation.
So I believe the downside or the upside of the crypto market has nothing to do with it. It might affect it but not by a big margin.
Also do not forget, not all of us are using cryptocurrency.
This is true and we shouldn't blame the virus for the market crash. We couldn't be so sure that the market would be in a bull run right now if the corona virus didn't happen. And I don't really believe that the virus have anythig to do with the price drop that we had experience. |
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Cryptocurrency could replace Fiat but it would take so much time.
And about the volatility of the price there is already some stable crypto that could be used like USDT so it only depends on the adaptation.
BTC price volatilitiy is still a problem for most of the people to use it.
And using crypto is much more easier than it looks people just need to take some time to know it.
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Another addition to the gambling industry and it look's
I also registered on the site and received my registration bonus.
It seems like a good site and it gives out credit every transaction that we make I just hope that this wouldn't run out or have any issue in the future.
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There is no 100% win rate when it comes to gambling.
There service seem's like an investment program and only used the sports betting to cover it up.
The only way you could secure a winning spot on a sports game is when a team would surely throw away the game.
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There are tons of people winning in lottery and they are considered to become Rich because of gambling right?so we don't need to name them because that is very confidential yet true .
so the reality there are already many people that turns richer in gambling,not unless you are pointing to specific gambling games that people risk betting before winning big?
Yes gambling has been around for ages so there are already so many people who have become rich by it. There are so many people who won in lottery, There are some who won in tournaments like poker. And let's not forget those who make money by becoming the owner of a gambling site or a local casino? Those who own's the house are making a huge profit because of the gamblers. Just imagine how much they are earning monthly or yearly. |
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Not sure why were talking about passwords and accounts here. If you hold bitcoin or certain cryptocurrencies, do NOT store them through exchanges. Non-custodial wallets people, non-custodial wallets. Nacho keys, nacho bitcoin(or crypto in general).
I agree, Protect your crypto means protect your wallet. As a crypto owner we should be aware that not all of the wallets are safe specially the web wallets. The best way to protect our crypto is by storing it on hardware wallet or paper wallet and make sure that your passphrase is secured too. |
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I don't think that there would be a negative effect on Bitcoin if porn sites starts to accept it as a payment option.
For me I think it would just help Bitcoin specially if the big porn sites starts to accept it and use it.
The only negative side would be when the governments force to stop them or if some users are uploading something illegal and they would get paid with crypto.
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Great website and I like the game and also about the accout we just need to save the url to open up the same account right?
I just hope that you wouldn't set up a minimum withdrawal so that if a gambler doesn't have 1000 bits left and already wants to cash it out they wouldn't need to gamble or deposit anymore.
Yes you just require to save the URL and you can access your account from any device anywhere. As for minimum withdrawal limit, we will surely consider your feedback. I also suggest to have a lower minimum withdrawal and also hope that your livechat would soon be available, I also suggest to have some features like sending bits or tips to other players and some profile statistic to show other players our bets history and profit. |
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Earning money is real hard and it's a no-brainer. So basically what I do is I write down in a diary of my daily income along side with what I have sacrificed for earning that amount.
Yesterday night after finishing my own assignment, I worked as a freelancer from 12am to 2 am to complete an assignment based on electrical engineering to earn $20.
I wrote down in my diary - earnt $20 - sacrificed 2 hours of sleep, 2 hours of not watching netflix and put in mental effort when mentally I was exhausted.
Now when I would have the urge to gamble with that $20, I would just see the diary and would realize I am not just gambling with $20 but gambling with that sacrifice of time and effort which I'll never get back. And it has worked for me to a certain level.
What's your opinion on this......
Good idea but I don't think it would work on everyone. Just like recording all of your gambling bets. If they truely value their earning they would stay away from any vices not just on gambling, But other would make some excuse like it is their only way to relax and enjoy their tine after their hard work. |
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Actually I had experienced this to some guys but they never wanted to accept the facts and wants to continue as old school gamblers forever.  I didn't take too much efforts on convincing them because they might never hit a jackpot in online gambling just same as in the casinos but they will portray that gambling sites are cheating the users so let them to choose on their own. Same reason why I don't want to explain it to the old school gamblers, I don't know if they could win and I don't want to be blame for their future addictions or lost. I also think that they wouldn't like it or they aren't open to try out new things. |
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For me I would only suggest to think positively and don't let the negativity gets you,
It is more fun that way we should just relax and don't stress ourself nothing would change if you stress out yourself because of it.
It is much more better that way win or lose you wouldn't feel so bad at all.
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