But what I meant by wiping out an old player was the MoneyPot example I was talking about. They had a lotto game that people kept winning huge Bitcoin jackpots by only playing with a few satoshi. It was practically unlikely but statistically possible -- and it wiped out what was once the crypto gambling industry's biggest bitcoin bankroll.
There was a lot more wrong with moneypot than just the lottery part. As soon as they were bought by the other team (which I respect them all) it was obvious it wasn't going anywhere decent. There was multiple wrong stuff, plus couple of hacking as well (well not technically hacking, some people figured out how to trick the system and got away with a lot of money). Plus, when you allow casinos to use you as a bankroll, even though it is awesome in the idea stage, there is also a lot more ends that you need to secure and they couldn't do it. Also, they were amazing as management when it came to talking with both investors and casino owners but when it came to acting they were a bit too late on everything. They are still around if I am not wrong, just not as powerful as they once were. |
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If that winner didn't respond or claim the prize, can it be split among us here?  I don't think so, The prize must be there whenever the user log into his account I doubt he will collect it, dude probably hasn't even logged in a long time as well if he is as old as that and hasn't even used free roll and only got one ticket all week from just one affiliate rolling only once. Like all of that combined tells me that this dude is basically just a guy who is no longer on the website anymore. TheQuin could probably be the only person who has access to something like that, he can probably check and say when was the last time he visited the website and if he is still active time to time. If he is a guy who visits like once a month or so, or maybe even once every few months, that is still cool, he will eventually come in and see that he won and be super happy. However if he hasn't visited in months that means there is a chance that money will stay there forever, at least he will earn some interest . |
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I am also not putting any money on any sports betting but sadly I lost some good amount in Dice and now feeling frustrated because I am never been good in this so from yesterday I am on Self Quarantine for any casino game for some long time until I have sports betting started because this is good for me.
Dice is not a skill-based casino game so for sports bettor, it may neer fit whereas blackjack and poker could be a combination of skill and luck so if you are too bored and looking for an alternative to dice then card games are for you to try. Can you give any good link for learning these games as right now I have some good time may be this help me for doing some good in these skilled games I personally never in these games but now thinking to give try waiting for your response about this. If you want to learn about card games do not forget that they are luck based as well, surely you can still learn it and be better at it because there is some skill involved, however it is literally at the between zone of dice games and sportsbooks. Dice games are zero skill, you WILL lose no matter what, it is designed that way, sportsbooks give you bad odds for obvious games but at least you know the teams (at least you should) and you gamble accordingly so even if not pure skill it is quite heft skill, poker on the other hand is right in the middle, it is pvp so there is no house edge but you still need a good chunk of luck, you can have 4 Queens in your hand but the other person might be holding four aces, you will never know that, so luck is still required. |
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#ProofOfAuth Join Campaign: Signature Rank: Sr. Member Merit: 253 Current amount of Posts (Including this one): 457 BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=665321BitcoinTalk Username: Emitdama Telegram Username: @Emitdama CoinSaga Username: Emitdama Bitcoin address: 1LY7iqu29og6ubbVmW7eL1zXEBog4UcHpr |
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NO!. Actually doing trade as a human makes me feel am in charge and some sort of inexperience bots with programs for execution. As human taking the right decision on trade make me feel that: am doing the right thing no matter the end result from the trade and so far, I have been enjoining doing my trade without any assistance from any artificial intelligent machine. Being in charge give me the full confidence that am not wrong but on focus.
But, the bots are not doing trades by themselves right? You will be the one operating them and the bot usually only places order for you to avoid human errors. Although above being said, I also believe in manual trading because it gives me a feeling like I am learning with each trade and I can hold at times when I know a certain coin will rise soon while the bot would just make orders as the market swings so yes manual trading is very good but then big traders always use bots to make sure they can execute maximum trades per day and making sure they use their intelligence to the best effect and not just place orders manually all day. |
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Imagine that you happen to invest at a cheap rate and then all of a sudden the price levels up to 10x the rate that you bought at, isn't that a profit for you? Yes it is. Bitcoin was created as a volatile coin, and when there is an increase in the demand, the price keeps leveling up to match the demand and the early birds starts benefiting from it, but that doesn't mean that it is still not decentralized.
Bitcoin is still decentralized, because there is nobody, organization, government or whatsoever that controls it. If you are too afraid to use it, you can make use of stable Coins like USD PAX and the rest of them.
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Don't know about 1xbet but 1 casino I know who has horrible rollover is bitcasino.io because they have the biggest bonus but actually the worst ones in true essence because they block your deposit and ask abnormal wagers that too on slots which for me I believe is the worst form of gambling ever made.
I would suggest anyone if they claim bonus at bitcasino better be prepared to loose all their money.
yes on the positive side their sister-site sportsbet.io is pretty nice so far, they have fast withdrawals.
No such big bonuses but small ones which they actually give and have no rollover required usually.
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to be honest, I am among the beginners in trading but I do not mind how much my loss even though it might indeed make me disappointed, I make my losses as an experience to be better and try to be able to return my losses back and always think by looking ahead
Good point of view. As a seasoned trader I would suggest you that every time you loose you must make a note of it, for example when I was new I noticed a pattern that I was doing a simple mistake again and again and once I rectified it, my loss was reduced if not zeroed. I was making a simple mistake of buying altcoins which was not my cup of tea. I mean I am excellent at bitcoin price trading and reading real-time charts and everything but I was naive at spotting what are the best altcoins that I should invest in and once I realized my mistake I just stopped trading in alts. What I mean to say is, loss is fine as long as you do not make a common or same mistake every time. |
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The fact that altcoins like ETH, BCH and others are slowly gaining more use has made me thinking. If somebody were to HODL one currency, what could it be?
A 100% altcoin portfolio? Or a 100% bitcoin portfolio?
Or do you support holding multiple crypto coin holding?
it would be nice if you are a Holder, you hold both Bitcoin and Altcoin because that way you will get a double benefit from what you hold if both have gone up. but have to be patient when the price starts to fall or you buy more to hold. I see it as a simple maths Bitcoins - Best for price trading and holding because there will never be a time when you wake up and see BTC being reduced to half the price when you went to bed so it's good for hold because the price goes bonkers when it rises but does not go down too much. Altcoins - Best for high risk traders who don't mind loosing all the investment but are looking for HIGH PROFITS in short period of time. If you wish to earn more in less amount of time, then go for altcoins while if you are a serious trader who looks solid but small profits BTC if your best bet. |
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I remember the advice of Peter Lynch - "In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten." In fact, even if they are the best experts, they still have a time of loss. But the common nature of our people is to like to talk about victories.
And when we are in starting times of trading I will say even 5 times out of 10 will be a good number. The best traders in the market do not exactly hide their losses but they are least bothered by the profits and losses initially, they are more focused on whether they made a right or wrong decision because at the end of the day you might win a bet on 10% but that does not means it was a good bet, similarly your trades must value at least. Trading and gambling have a lot of similarities and an offensive gambler would never be a successful trader and someone who does arbitrage gambling will always be more wise and chances are he will be more successful in trading too. |
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It is fascinating that we same people are optimistic of bitcoins reaching $50k and $100k and then we are worried if even bitcoins falls a few hundred dollars for a couple of weeks. Sometimes I feel like how good and faithful the early investors must be because they just invested and there was no visible sign of pump either.
If we are actual investors and believe in bitcoins then these small obstacles should not bother us, yeah we are all upset when price falls but there must not be a dejected feeling being upset is a normal trend on price drop of any asset you buy but there must be a trust and faith in what you invested and if you don't then sell your assets now.
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I haven't used to it, but I've come across users reporting about withdrawal issues. By the time they were asked to go through the terms and conditions. Finally the gambling website support representative gives a conclusion you've got multiple accounts that's the reason for the withdrawal issue. Most of the time this issues go unsolved, maybe for experimental purpose one can have different number of accounts but it finally leads to some issues.
Also gambling houses should stop the users initially, when they come for withdrawal stating you've got multiple accounts doesn't look to be a fair thing.
As long as gamblers are allowed to make accounts within 2 minutes these type of accounts will be created and deployed for either faucet abuse or anything else but if the house actually want to stop such users then it's pretty easy because they can ban the ISP and just block all the accounts being made by that and ask for verification (not id but at least mobile verification) so that users can be caught. It's the responsibility of the house to make the users feel insecure when creating multiple accounts and have a element of fear that they will be caught and if caught the deposit will also be under scrutiny. |
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That is called as the average yearly price and actually bitcoins has always gone up with each progressing year, no matter what apart from a few hiccups. But that said, for traders who trade on price frequently the market is bearish because the price has been going down since sometime now.
For holders and traders with big appetite and capital the market still is pretty good because everyone knows how the price changes once it enters in the Chinese new year around 25th January and hence they do not need to worry much. The people who suffer most in these small bearish periods are the ones who have low capital.
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Its a long time to predict bitcoin price .There will be many thing happen in near future to the world .But the way the price is rising from the past years it quietly predictable that it could go this level in the next five years .We just need to buy and full our bag in low price so that we can be profitable.
Yes, that’s true and I think an investor should not have any concern with it but they only should buy as much as can today then make a plan and hold their coins for the long term. It’s certainly about crypto to see the huge price but as always said we will have to show patience and wait until we get our target. In 5 years the price of bitcoin will be high enough to give us a profit of 100k dollars and from recent, I can imagine 100k dollars in 4 or 5 years. The dilemma for investors if bitcoin once reach 100k would be whether or not they should sell because it can further jump to 1000k or any extraordinary number. I have a friend of mine who was sort of an early investor and saved big number of bitcoins and when bitcoin was around 17k he got tempted to sell but did not because he thought price will go beyond 25k so that's a cycle and dilemma for investors if they should sell or not and when they should sell. The friend of mine now feel regretted but whenever I get a chance to talk to him, I tell him that everything happens for a reason and soon he might be selling his coins for over 50k each. |
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I gamble for fun and will always maintain that way, I don't treat gambling as an investment, it's too risky if you invest you expect a return, and once your expectation did not happen, you will likely add more to get back what you invested, and I don't like that to happen, so I just treat it as a form of entertainment.
Gambling will not be become or same like investment no matter how lomg and how you treated it. Gambling and investment are 2 different things. In gambling you don't invest anything, if you win, it's your luck, if you lose, it's your luck too. I agree with you, but since I too gamble a few times in the week I can tell you that when you are gambling (specially dice) you just feel like lost because results/rolls are happening in the blink of an eye and I am a very controlled gambler in general but even when I am winning, I make mistakes like making a bigger bet in between. Similarly, when I am losing say I lost 0.0004 BTC then I start feeling like I can make a 0.004 BTC bet on 90% win chance and easily gain back my initial loss of 0.0004 BTC There is no real reason why I do gamble but it must be said, once I start I feel lost at times. |
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I rarely meet people who are short term/day traders and are in profit. I normally don't do short term or day trading and I suggest everyone here to learn HODL. Just do some research and see how much gain BTC has given to those who HODL, if you figure it out you won't go back to trading. I leave it you to find in this year alone how much gain BTC has given to its HODLers.
Very true, it's very hard to generate profits in daily or hourly trades because the bitcoin market is volatile and you need to be very lucky if you are trading with price and looking to sell and buy within hours. I have done that and it's almost like gambling when you try to make profit making trades within hours and even days. The best way I personally felt when trading and still feel is that you buy at any price on the current market and just wait and wait until it goes up, I can promise that no one literally no-one can confirm when price will go up or down. So just sit tight and have patience once it goes above what you buy then just sell it don't get greedy.It takes 10-12 days to gain some profit but works well. |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
Many people always prediction bitcoin price raise up above $50k but now how bitcoin price still down where is their prediction come true, why many people trust with shit information giving by some one without get recommendation for bitcoin have higher price, why always make sense with bitcoin said become higher price. We should not expect some predictions to make sense because bitcoin is a very volatile coin and because of its volatility makes it very difficult to be able to predict the coin accurately and moreover, what many analyst are using to drive the market price for now is speculation, and without speculation, we might not have seen the value of bitcoin where it is now, although it would still be very useful because of its real use case, but presently lack adoption to rely on its real use case to drive the value to a high peak. We will see some of these crazy predictions, but as someone who understand the market too, we should be careful not to follow those prediction blindly because if we do, we may end up falling victim of fomo which is one bad thing for investment. |
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Since there are hundreds or even thousands of Cryptocurrencies out there around the world, I am rather interested in what are the processes of creating a new cryptocurrency. I’m interested in things like how do people decide when to make new cryptocurrencies, what are the logistics in making the new coins and how do they promote their new coins to the public or certain groups of people in order to facilitate its usage.
First you should know that it's not all the coins that you see in the market that will end up being successful, some of them will turn out to be a failure and that's why you see a lot of dead coins that have been abandoned by the devs. There are many dead projects than the ones that are still up and running and lots of coins keeps dying off everyday. Some people that creates coins have no purpose for it, they just create a coin for a fake a purpose and before you know it they will abandon everything to fail. Some are also scammers that will formulate a plan to draw investors and then make away with their money. Every coin is created for a project, and t is either legit or fake, and among the legit ones, some still don't make it due to some problems, like lack of funds. |
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