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1501  Economy / Economics / Re: PEOPLE DURING THE PANDEMIC. on: February 05, 2022, 08:46:08 AM
It's hard to rely on cryptos for that, unless you're pretty good at it, what is left for NFTs. Most crypto and NFT traders have a different occupation and trade those on the side, as far as I know.
There go the full-time crypto traders as well as crypto earners. There are many ways of doing that but if you're not familiar with those, you have to learn from them and don't leave your job yet.

If you know the risk of being full time in crypto, you're living on day to day volatility of it and as a trader, you're already at risk and that's a separate risk that you'll be taking.
What you are missing is that not everyone who makes money from crypto is someone who trades, there are people who "works" and earns crypto as well. People who have crypto salaries and those people do not really risk by trading or anything, they are not risking anything, they do regular work, some of them do developer job, some do design, some do something else.

Basically, it is all about you doing whatever you normally would in a regular job and instead of fiat you get crypto. These people still have troubles as well, like for example if the price goes down too much then they would be earning less, or if they signed a contract based on a crypto amount payment and then started working, they can't back out and it would cost them a lot. All in all there would be some sort of problems when you are a crypto worker, and it is different from traders.
1502  Alternate cryptocurrencies / Altcoin Discussion / Re: Just saying on: February 04, 2022, 09:26:04 PM
In the future maybe 2025 the next big thing in crypto won't be what we've make lots of money from like the metaverse, Play2earn NFTS, they will be around but won't be the main focus, it might be web3.0 and other that's not even been acknowledged yet, just saying this because some people are already planning to pack many meme coins and other for the future your expectations might not come true
Ten years back if you were being told about the things you’re seeing now you would have doubted over half of them But today it’s all happening and that’s just it. That is the same thing that we are seeing now, you don’t know what the future holds and you don’t know what  idea is waiting to be unveiled next and when it comes, it would become the next trend and nobody would be talking about the ones we have now.

Metaverse is the new trend, but there was a time something else was trending in the market and it wasn’t metaverse and a lot of people were rushing. After metaverse might have trended for quite some time, something else can still come up.
1503  Economy / Gambling discussion / Re: [BOXING] Logan Paul vs Mike Tyson on: February 04, 2022, 08:39:14 PM
at the moment he says that he has no interest in doing this fight. That supposedly financial reasons killed all fun and he lost interest. If it's an emotional decision, then it might be worth waiting for his mood to change again  Grin I think that the fight can still take place, there are too many people interested in doing it and I think they can convince Tyson to change his mind.
Money does matter, I do not think that money would actually be a loss of interest for him, if you give someone millions then you could change their mood very easily. I feel like Mike wasn't offered enough money for something this silly. His fight against Roy Jones JR made sense a bit because it was 2 older fighters doing it one last time, and that was fun.

It wasn't some exhibition by some youtuber who wanted to do something that is "just for fun". In that case you have to offer Tyson a lot more money, there is no honour in that fight and it is just for the views. Roy Jones one at least made sense in a respectful way where the fight wasn't as good as they used to be but at least between to old fighters and not some cringy youtuber kid who decided to go on a boxing career after he did a horrible thing. Sure Logan "could be" more mature now, but he still doesn't deserve respect in a boxing arena from Mike freaking Tyson.
1504  Economy / Speculation / Re: Evaluate your Bitcoin for next year on: February 04, 2022, 06:14:16 PM
It's now 2022 and it's been more than a month now but until now there is no sign of a price reversal for bitcoin. Of course our hope this year is to see bitcoin able to set a new ATH record again, but it seems difficult to happen considering the price of bitcoin is still difficult to return to last year's ATH price level. but I'm sure the bull market will happen again like last year where bitcoin performed well to be able to create 2x ATH.
Thing is, when bitcoin is going up like this, I do not think that it means something normal. Reversal or not, it is definitely a change in pace and momentum which means that something bigger is about to happen. I do not know if it will be up or down but I know that it is definitely not something regular. When something regular is not going on in the market then I try to stay away from it as much as I can.

I already made my bet, already bought bitcoin for this month as well, lower than the current price thankfully, so I am in profit for the month of February so far, but even more in profit over all if you look at since I started. I am fine about the situation but I can't guarantee it will go like this, only thing I know right now is that it will go up a lot or it will go down a lot.
1505  Economy / Speculation / Re: Good time to buy? on: February 04, 2022, 06:39:22 AM
very hard to say this is the right time or not. It depends on you, what strategy you use in investing. If you are investing in the long term it might be a good time, and expect Btc to start rising until you get the profit you want.

If you use a short-term strategy in investing. I think the current price of btc doesn't really matter to you. What is very influential in terms of short-term investing is the right analysis. You can get a little profit. And what I think is most needed is experience in seeing the market.
What type of investment you are making is definitely a good reason for people to have different results. I mean just because I should buy at this price doesn't mean you should buy at this price neither, they change from one to another. So, this means we are talking about different approaches as well as being in different positions. For example, if you have all of your money in cash and you did not invested in anything so far, then you should use some of your money to buy some bitcoins right now.

If you already bought a lot of bitcoins but do not have anything else and just some cash then you should get some good altcoins (like eth or something not bad memecoins), if you have all of them and have no cash left then you could not get anything more. Basically it depends on your situation and your strategy so everyone has different answers to this question.
1506  Economy / Economics / Re: Can Government Really Ban Crypto? on: February 03, 2022, 09:18:37 PM
I agree with some of the things you mentioned where someone caught using crypto would be considered a crime if it was committed in a country that has passed a total no-go law like China. It's true that P2P won't prevent transactions even in restricted countries, but the tougher penalties violators might face would increase the effectiveness of the rules for the better.

The government has the right to prohibit, so it will be different in each country. Some countries do not prohibit crypto to be traded or as an investment asset but some other countries completely ban and even ban all mining, trading or other activities.
I would guess that if you are really that much in trouble and worried, you could handle it with someone outside of your nation? You could even handle it from someone here? I mean if you trust the person here, or use some escrow to do it, then they could send you the money and you could withdraw it and then they could do whatever they want, even if they do a chargeback then it is fine.

If you want to, you could do gift cards as well, most of them would be hard to cash out, but there are some cash cards as well, or debit cards as well with money filled in them that you could spend. All in all, it is a very bad situation but it is not end of your crypto life if your nation bans crypto.

You could still continue, lose a bit of money to percentage while using, and still go on without too much problem or anyone stopping you. I did that back in the day and it was fine, not great, not like right now, a bit of useless work required but still not stopped.
1507  Economy / Gambling discussion / Re: Tennis League All Thread on: February 03, 2022, 08:29:54 PM
Players like Nadal or Federer or Djokovic have some inborn talents in them which gives them a headstart in their career, you know.

But other players like Medvedev or Zverev don't have that, they have to get better over time by practicing a lot.
Yes, Nadal and Federer were far better than Medvedev at his age but I think that it has something a bit related to god-gift which gave them the headstart they needed to come to a legendary position they are in right now.
I do not believe this, I do not really believe that players are born with talents. Obviously your body matters, like in basketball you can't be some 170cm tall 100kg person who could be a great basketball player, same goes with tennis, your lateral movement matters and some of that is from your birth, but it is not really THAT much difference. What matters is how much you practice and how great of a practice you are getting.

If you get the greatest coach whose ever lived, enough money to survive you and your family for 20 years until you are professionally making a ton, and you could spend 15 hours a day training (breaks included of course) then you will be like Nadal too. Obviously hard work doesn't mean everything, it is required, you have to work harder than everyone else, but money and early education until you are ready matters a lot as well.
1508  Economy / Gambling discussion / Re: [LIST]Countries Where Gambling Is Illegal on: February 03, 2022, 06:49:34 PM
The funny thing about this is that gambling is only illegal if the state doesn't own it, I mean a desolate North Korea still has casinos because they know how big of a money maker it is so they make sure that they're taking a big piece of that gambling pie. UAE if I recall has lotteries so this just goes to show that it's only illegal for certain number of people and the ruling class will decide if it's applicable to them or not.
Same with bitcoin being illegal because a government cannot own it but they can still get some benefits with it if they accept it same goes with gambling where they can file a tax on those gambling casinos. Are the countries on the list dont want to make money anymore? But, I think I understand because countries on the list rich already except maybe to Cambodia.

I have seen videos on Cambodia before were their living is very simple. Were people work on are farms and fishing areas but I wonder why they do not allow gambling when gambling can improve their country, same with other more poorer countries where most gambling companies are allowed.
1509  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: February 02, 2022, 08:48:46 PM
Barcelona looks quite serious in the rest of the end of this season by bringing in several new strikers including Aubameyang on loan from Arsenal. Aubameyang's debut seemed a bit difficult because he faced Atletico Madrid, a tough opponent. Even though Atletico are without new signings in the January transfer window, I don't think it will be easy to beat Atletico. Luiz Suarez who performed quite well with his country Uruguay became Atletico Madrid's mainstay to win three points at Camp Nou.
When you said "he faced Athletico Madrid", I thought the game played already and I was confused, he WILL face ATM, we still do not know how the game will go. We do not even know if he will be playing as a starter to be honest maybe he will be in the bench for the first few games and only come out of bench as a sub for late game period?

After all, everyone gets tired and when you sub your striker out and get a fresh leg new one, the new striker could run a lot better and defence will be tired, so the other team would have to either sub their defence and get a new one and lose hope for scoring, or they will sub in their own striker as well and hope that their defence can hang on until their new striker scores. That is how football is a lot like chess, and I believe Xavi could beat anyone in this chess game which is why they are doing this well.
1510  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: February 02, 2022, 08:30:14 PM
It's really difficult if the main developer or administrator is out of action and only the representative or part of the team can address the issue, and the issue than can only be addressed are those they can control but they have no control over the hot wallet and campaign and other important issues, now that Lighlord is active again things will be different he will have to delegate tasks to the team and he will have to escrow funds if he wants the campaign to continue that's what he promised back then.
That is why I hope that we do not have only people who are staff and can't do much in the future again. Lightlord is doing something better to get this done, he is also focusing more on his other projects as well so he might be actually coming back with a bang and he could be doing a lot better in the future.

However, in any case, I feel like maybe there could be some sort of situation where we could see him absent again and staff is not enough for it anymore. In any case, it is at least better to see it going nice for now and the time being, we could still complain in the future if anything goes wrong but right now things are looking nice at least.
1511  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: February 01, 2022, 07:28:05 PM
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Once again we are seeing the luck part being involved in this situation. People are acting as if this part is not really that important and the odds matter a lot whenever it comes down to their dice gaming (or hi/lo in this case) like how improbable should not happen, but we keep seeing it happening in the lottery.

Some guy with 53 tickets, which is literally 53 satoshi if you wanted to buy that much, ended up winning 0.005, whereas someone with 1.2+ million tickets ended up below that person. This is the proof that we should not be really expecting this situation to be common, but it is also not rare neither, it is quite understandable to see stuff like this.
1512  Alternate cryptocurrencies / Altcoin Discussion / Re: To the Moon: Shitcoins are Ponzi Schemes on: February 01, 2022, 06:10:30 PM
That attitude comes to the minds of newbies who see crypto as a very wet ground these days, and just like your attitude if newbies know it they will be very wise too.
However, at first, startups emerge as investors who feel disadvantaged and indifferent to rejoining a project that is indeed a good one but is still considered a ponzi scheme.
it's about attitude and trauma. and should without being deterred to be smarter in understanding the project being developed with all the advantages.
I do not think that all new projects are seen as shitcoins. At one point SOL was a new coin, Avax was a new coin, ADA is very old but even that was new at one point, even ETH was a "new" coin at one time. If we look at only the "new" new ones, Axie could be considered new, dot and matic doesn't seem too old or at least I heard about them recently, shiba is as new as it gets and yes it is a shitcoin if you ask me but it has seen high levels.

So, we are talking about many projects being new and then reaching to close to top 10 or even be in top 10. Which shows that we do not really consider all new projects as shitcoins. Only the shit ones are called shitcoins because they are shitty.
1513  Economy / Economics / Re: What If? on: January 31, 2022, 06:59:41 PM
In my opinion this is possible, but not very likely. It would mean the escalation of the currency war and be bad for international trade. It would likely mean negative impacts on all the big economies. You are right that many countries are against the dominate position of the US Dollar and would like to change that. The problem is that all the countries would need to agree on a new currency to settle all the international trade. Both China and Russia would probably only agree if their own currency becomes the new world currency to be used. As for the smaller countries like Iran, they would probably ask for some monetary benefits to be part in the new system. The US Dollar is losing power every year, but to completely replace it it seems to early. Maybe an independent crypto currency could be the solution and a compromise for all countries.
We have seen Europe getting together and building euro, and they are all using that right now so we could say that it is not impossible. If places like China and Russia get together and create a new currency, even if just those two, I am sure that they will convince some other nations as well, not a lot, not as powerful as USA or Europe, but at least it would be a good start. Just imagine only Russia and China using the same currency, that alone is scary though for Europe and definitely for the USA.

This is why it would be wiser move from them but they are too nationalistic to do something like that, both will want their own currency to be accepted by the other nation.
1514  Economy / Gambling / Re: Stake.com - Most Popular Crypto Casino & Sportsbook - Watford & UFC Partner ⚽ 🥊 on: January 31, 2022, 05:34:04 PM
What you said has already occurred to us just waiting for the time to come it's just that stake do it slowly, not force it directly like Binance did
But it's not a big problem for us options available continue or out there will always be new casinos coming to this industry and we can choose which casino is more convenient
Right now we are just enjoying it haven't made a choice yet because it hasn't been fully implemented yet.
The fact that you could withdraw if you do not want to is the key part here. Like for example if you want to gamble somewhere else, they will force you to do KYC or they won't allow you to get your money back. They will act like you have scammed them somehow and then keep your money and say that if you want your money back then you would have to do KYC otherwise you accept being guilty.

In that scenario either you have to let them have your money and be scammed, or you have to give your KYC which I am not even sure if they will use for good, someone who blackmails people like that could end up also not doing something decent with your KYC as well, like sell it on black market. Stake is not like that, they do not ask for your KYC at all when you first start, and in case if there is something wrong they allow you to take away your money without a problem if you do not want to.
1515  Economy / Trading Discussion / Re: Don't be wiser than the market on: January 31, 2022, 05:01:56 PM
Following the 📉📈 has been the best advice and has been the most secure way of making it big in trading a principle that will bring about a smooth profit reality but most times we predict where we want the market to go. Been too sure could cost you alot, remember trend change and no market direction lasts for ever.

Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.
That’s for sure but some would never learn. The greed is everyone but you have to learn to control it. There are lots of people who lack control over their feelings and behaviour towards the outcome of the market.

Some people just feel greed and even at the wrong time when they know that their strategy wouldn’t work in the market condition, they still tend to give themselves hope that it is going to work out for them, while the best option at the moment would be for them to quit. Due to this mentality, they have, they end up deceiving themselves and losing their money.
1516  Economy / Gambling discussion / Re: What are the most important features of an online crypto casino? on: January 31, 2022, 02:50:19 PM
Accepting altcoins and free withdrawal I think are also not important but it's a good feature that will make users stick to the casino. Sportsbet has free withdrawal which I think made some of the sports bettors are staying on them.
Accepting wide range of altcoins might be a problem for casinos as number of new coins and tokens are very huge. For example, we did not hear about what is solona some 10 month back but now many gamblers are requesting it in most casinos and similarly lots of casinos started accepting BCH but that coin is almost dying these days hence they need to go for delisting procedure for this coin.

Honestly I am not looking for "free withdraw" to choose my bookie to bet on sports but the better odds. Not sure how many gamblers are following similar criteria but depositing and withdrawing is not happening for me very frequently hence I am not bothering fees associated with these.
1517  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: January 31, 2022, 12:49:52 PM
I also agree that PSL really needs a little more marketing. Because the marketing right now is nowhere near IPL marketing. Well, if we are being honest IPL marketing is absolutely out of this world and always keeps the cricket fans interested. Maybe, the other League should follow the same tactics and in that way, they might make a little more revenue.
IPL seems like a different beast in this regard due to its followerbase. I am not sure that ICC is scheduling their calendar for any other league except IPL. Due to the massive revenues being generated by IPL, its promotions and marketing also high in intense. I am not saying that any other league that will equal or beat IPL in terms of revenue or followerbase but India's population must be the core reason for all these and any cricket playing nation wants to compete or host a league like IPL then they should first focus on having massive followers then only they could think about anything like IPL.

I guess if three or more cricket paying countries plan for a combined league with selected teams from their own T20 league then I guess that might be more interesting and might become a big one like IPL.
1518  Economy / Trading Discussion / Re: Comparison of Bitcoin price fluctuations with other coins. on: January 30, 2022, 06:30:32 PM
I think bitcoin price fluctuations have a deep relationship with other coin price fluctuations, what do you think about this?
Yes, they all have a relationship with Bitcoin’s price fluctuation, coins like Ethereum, Litecoin and a lot of them relates with the price of Bitcoin. That’s why you would see almost all the alternative cryptocurrencies you would find in the market going down when Bitcoin is going down and also when bitcoin starts to be bullish, they start being bullish.

It’s called price correlation and the level at which a coin correlates with Bitcoin varies, there are some of them that correlates 100% with Bitcoin, such as Wrapped Bitcoin, it has hundred percent correlation and always maintains the same price with Bitcoin. There are also coins that don’t have much or no correlation at all.
1519  Economy / Trading Discussion / Re: Best strategy for crypto trading on: January 30, 2022, 05:46:32 PM
I don't think there's a precise or accurate strategy but I believe in consistent wins from a trader. A professional trader does not stick with one strategy and uses a lot of strategy to make profit and the accuracy is not based on the strategy he use but the wins he has in the trades so there's no best strategy and no accurate strategy.
I agree that a trader should not stick to just one strategy because it will be very risky for sure,
a trader needs to see the conditions first before determining the strategy,
But what is clear is that every trader has his own way
It is like when we say diversify your portfolio so that when one does not play well, we can expect something better on the other. The risks can also depend not only on the strategy that you are using but also to the capital that you put in or to the frequency of your trades. We can share the strategy that works for us to the op but he must understand that it might not automatically work on him. It is still best if we are the ones that will figure out if what strategy fits us the most.

@OP that was totally normal because you are still learning but I suggest do not use real funds first when your practicing. We have platforms that offers demo trading.
1520  Economy / Gambling / Re: Stake.com - Most Popular Crypto Casino & Sportsbook - Watford & UFC Partner ⚽ 🥊 on: January 30, 2022, 05:15:28 PM
It is understandable that the rule is changed due to the huge traffic in the chat room, but will it be increased it again and again in the future is the number of players is increased significantly? If the it is increased based on the number of players, the minimum wager requirement to chat might reach over $1,000. Maybe Stake need to consider to create a special room (lets say Newbie/newcomer room) for those who have not wagered the minimum requirement to be eligible to chat. This room will give those players a place to talk to other even if they have not meet the minimum wager. The room can be with less feature, just a room to talk.
Yes it might be applied in the future the definite stake must provide convenience for new users they cannot rely on customer support because the more days of customer support are also getting slower we also understand  the number of users who continue to grow every day are the main factors so there must be a fair solution.
Stake was always a known and liked casino, however it became so much more known and used in 2021, and teaching staff to work is not an easy task. Even if you hire 1000 new staff (which would be stupid, why would you?), then it takes a while before you could actually teach them how to do the work, and that is why people end up with not really knowing what to do when they grow this big and stake had the same problem.

After all, it is not about just spending enough money and getting new people, the pace of growing userbase is faster than the learning curve for a staff, which makes it slower. While the website grows every single day, staff could be interviewed, pick a good candidate, get them and teach them and let them be working alone and sometimes not even be a good one, all of which takes a long time. This is why it could be slower at times and we should be understanding.
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