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1581  Economy / Gambling discussion / Re: Why casinos want you to stay long in their area on: June 23, 2019, 04:34:52 PM
A friend who plays a lot in the casino told, I do not go to offline only on online casinos,
Do you know that Casino manager and staff want s you to stay for an indefinite period of time
and they are doing this for you to stay ..

They are giving a lot of perks like free food drinks and energy drink, they do not have windows in the casino or even clock so you will not be aware of the time and if it is night or day they will loan you so you can keep up playing, this is the reason why some people take days before they go out of Casinos, they have everything there.

They just don't want you to walk away with any money. The longer you play more accurate would be the house winning. It's just mathematics. The more you play the more you lose. No need to worry about the free food and drinks the cost for free foods and drinks would be paid by you.

Exactly, casinos owners are always for the maximum profits and the longer you play in casinos the closer you will get to the house edge so that means the longer you play the bigger chance of you losing so in the end you will go home empty handed but the casino owners become more wealthy. The freebies like drinks or free food are just to entice people to enter the casino and then rip you off without you realizing it.
1582  Economy / Gambling discussion / Re: Does convince people to enjoy gambling is a wrong idea? on: June 23, 2019, 04:03:07 PM
Convincing people to enjoy gambling isn't wrong but the problem is, when the one you convinced can't control himself then that is wrong.

I think convincing isn't a bad idea but choose the people who you want to convince because if they become addicted into it, there is a chance that you will be the one to blame because of convincing him.

Very well said, convincing people is not a good idea but if they get addicted then that would be a different story, it is important that if you convince them to enjoy gambling you also have to inform them about the possibilities of being addicted and the consequences of in case they become addicted for them to know in advance and if incase they will still become addicted despite the warnings then it’s not your fault anymore, what’s important is you have informed him all the possibilities if they gamble.
1583  Bitcoin / Bitcoin Discussion / Re: Attack on Bitcoin on: June 23, 2019, 02:17:15 PM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

This is not possible, why would they do that now if they have a chance to do in the past, and I just think it's impossible to attack bitcoin as its been here for years and no compromise has happen. In fact as it continues to operate the same system it is, it makes more people trust it, that attack is very big and would destroy the future of bitcoin, I just don't see it happening, bitcoin is a digital gold and we would not reach this big if there's a big vulnerability on the network.

Exactly, if they really wanted bitcoin to be destroyed then they should have attacked bitcoin when it just started because if they will try to attack bitcoin now then it would be very difficult to destroy knowing that a lot has been vouching for bitcoin now.
1584  Economy / Economics / Re: Bitcoin is following the same path of 2017 on: June 23, 2019, 11:28:11 AM
I cant see the similarity of bitcoin price during the earlier 2017 with the path of earlier 2019. I can even say both are completely different. Would you mind to post the images of the comparison that makes you think that recent path is mimicking the 2017 path? Maybe I'm one of those who believe that bitcoin has not pattern which follows the past pattern. So I do not think that it will hit its ATH again in December this year, but of course I'm hoping for that too.
Why all of you are looking on the literal term that OP gave in this thread. He just said they are similar but not really in the graph. He wanted to emphasize that both 2017 and 2019 follows the same trend. Imagine, if they are same even in their candlestick, it is so suspicious. Buyers and sellers from 2017 and now are variants. We cannot define their exact graph but they are both directly proportionate.

Right, it's impossible that the trend from 2017 and 2019 will be exactly the same because if it does look very similar then it must have been manipulated. OP is saying that both 2019 and 2019 are showing the bull trend and there's a big chance that speculations of the bull run will happen before the year ends.
1585  Economy / Economics / Re: hackers becoming smarter than exchanges? on: June 23, 2019, 03:07:14 AM
They are being called hackers for a reason, they can bypass the security no matter how tight and secure the system is as they can try many ways to bypass and fulfill their jobs to be done. If they were not smart, then they wouldn't get call as hackers.

Also for those whose saying that exchanges need to improve their security. It's not easy to do and it takes time to do it.

Exactly, hacking is like a profession to them that they put a lot of effort to look for loop holes for them to take advantage, they are indeed the smartest because they are able to bypass any security so exchanges should revisit their security measures and tighten it to avoid this types of problems.
1586  Economy / Trading Discussion / Re: It’s very easy to trade Bitcoin on: June 22, 2019, 05:36:44 PM
Honestly in my case I find it very hard for me at first, I monitor the market try to analyze and watch videos, read articles and when I think I already have the knowledge then I enter trading but then I lost, then I watched another videos and try to change may strategy but then lost to the point I wanted to quit, good thing I encountered my mentor who helped me fully understand how to trade correctly and now it’s easy for me to trade though we can’t win always but the losses where minimized.

Indeed, trading can be very difficult at first because you have no background yet about the movement of the market but the more you trade or the longer you are exposed to the market you can understand it better. Mistakes are inevitable so don’t lose hope right away instead use those mistakes as your motivation to become a good trader. Patience is also a must in trading because studying the market may take time so you just have to learn it little by little.
1587  Economy / Trading Discussion / Re: How do you manage your profits in trading? on: June 22, 2019, 05:10:58 PM
Well I use my profits to buy more coins on it’s lowest price possible to increase my assets and hold them until the price will rise up again and some part of my profits I used them to invest on other altcoins such as ETH but majority of my profit is to buy more bitcoins because it has brighter future than other coins.
1588  Economy / Trading Discussion / Re: Margin trading victims and how to avoid losses on: June 22, 2019, 03:28:22 PM
This is so sad, leverage is good because it may result to huge profits but 100x leverage is too much for me, I didn’t think someone can really do 100x leverage. Based on what I noticed, no one has ever done 100x leverage, 50:1 is the maximum that I know and it is very seldom to have traders go with 50x because it is very risky because if you don’t make the right decision then you will lose 50x as well. But this one is something, he is so brave to go with 100x but sad to say it didn’t pay off, it only cost his life. Therefore, if you want to take advantage of margin trading don’t go overboard and think it over in over because entering and be ready for the consequences.

Indeed, greed can really go too far, in his hope to get huge profits from trading it cost more than what money can’t afford which is his life. I guess as traders we have to think carefully on our actions and don’t let our emotions or greed take over, this incident should serve as an eye opener to all of us. Well it is true that margin trading can double your money but the higher the leverage the higher the risk so don’t jump right to it. Think before you make a decision and weigh all the possibilities to avoid major problems.
1589  Alternate cryptocurrencies / Altcoin Discussion / Re: Libra vs. Bitcoin - What's the Dif? on: June 22, 2019, 11:50:58 AM
Libra and Bitcoin are two different things and are very different in so many ways, as mentioned above bitcoin is decentralized and no can controls it and it is  can't be affected by inflation and it's value are not determine with any currency(fiat) value, Libra on the other hand is centralized because the Libra Association has control over Libra and it can be affected by inflation and it's value can be affected by the current currency(fiat) value like USD.
1590  Economy / Trading Discussion / Re: Traders, what are your views in 2019. on: June 22, 2019, 11:25:18 AM
As a trader, my views on this year 2019 about the price of Bitcoin is very unpredictable due to its volatility were We don't know when will goes up and down its price value. But I think before end of this year Bitcoin will reach at least 20k$ each, this to good to be true and realistic to be happen as well.

Yes, we don't know exactly how long it is going to take for the Bitcoin to reach $20k but today the price of Bitcoin is very close to $11k. According to your prediction by the end of the year, we are going to see some bullish trend which will surely help all other altcoins to increase their prices.

Exactly, the price went up to $10,900 in a span of like a days from $8000 so I would say it is not impossible that the price will reach $20,000 by the end of the year as per predictions, but we still can't tell because as we all know bitcoin may drop rapidly due to some factors. I just hope it will not drop very low like what happened in the past.
1591  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook coin is not a threat for Bitcoin on: June 22, 2019, 11:03:41 AM
Nobody thinks Facebook Libra will be a treat to btc because they are not in the same league, the only thing i see about libra is that there are lots of media attention to it unlike other alts, Ofcours fb itself is well known social media platform used by millions all over the world and that makes Libra have an edge over others.

Exactly, bitcoin is far better that Facebook Libra, the only reason it is making a fuss because it is a coin from Facebook and as we all know that Facebook has a lot of user's thus they can use Facebook to let people know they are launching a coin. Well, I don't think Libra will have an edge because not all Facebook user's are into stale coin, it may get interest from Facebook users but I don't think it will be able to beat bitcoin.
1592  Economy / Speculation / Re: Bitcoin Price Breaks $10K Barrier – Where is all the Pump Coming From? on: June 22, 2019, 07:29:50 AM
On June 21 2019, Bitcoin price reached a new peak, hitting $10,646 and firmly beating daily returns of almost all major cryptocurrencies. For the first time in 15 months

Bitcoin’s price surged above $10,000 on major cryptocurrency exchanges. The bitcoin price broke the $10K barrier at 7:35 pm Eastern Time.

I want to invest in bitcoin, it is too late?

Where do you think Bitcoin is heading next? 

I don't think it's late already, seeing the price reached $10,000 there is still a possibility it will continue until $15,000k so if you want to invest today is still a good time to invest because we don't know maybe in a matter of few months it will reach $20,000 so you can still get profits. I'm positive bitcoin will continue it's upward trend.
1593  Economy / Trading Discussion / Re: Price Increase Market is good again. on: June 22, 2019, 02:00:46 AM
The price of bitcoin just hit $10,000 today so I guess we can see a lot of exchanges right now since it’s going on a bullish trend. The holders must be very happy now that it reached $10,000 and I believe that it will continue to increase though there is also a possibility that it will drop but considering that bitcoin’s price is high right now then a lot will invest on it thus we may see an effect on the price.
1594  Economy / Trading Discussion / Re: Is this the ideal time to buy Bitcoin? What do you think? on: June 22, 2019, 01:40:27 AM
Hello, I´m new in this Forum, but I´m studying and investing in BTC a few months.Now, the price of btc is 8,655 and I have doubts if I buy or wait. what would you do in this situation? Is it better to buy or wait?

BTC Smiley Huh



You should have bought some when it’s at that price because bitcoin now is at $10k so that means you should small profits by now and also there’s a possibility that it will continue to rise until $15k, but if you haven’t bought any bitcoins then its not too late yet because we are still waiting for the bull run, you can still catch up.
1595  Economy / Gambling discussion / Re: Gambler was being robbed on: June 22, 2019, 01:24:40 AM
Foreigners like this one are the most likely target of these criminals especially if they are not aware of the situation of the country. That is why security personnels are getting popular these days as they always need to be protected from these criminals. But what the hell? Why did they even know what taxi to robbed at? This just sounds to me that even the the one driving the taxi is involve, this cannot be just a coincidence as they obviously know who the target was and when and where they will rob him.

That's right, foreigners are the usual victims of these types of crimes so they should be more careful when in casinos. I think someone must have tipped the robbers about the korean national that is why they know what taxi to rob, good thing he was not killed by robbers.
The lapses is not to blame in single part only because both side has mistakes,

The foreigner must not be stay alone specially when chances that he is in gambling places in which he can win like this,he must be accompanied by others or he can put the money in banks for safekeeping(or in crypto if he already knew crypto investing lol)

And the security also,since the winner is from their casino they should have offered more safeties for the man to learn

Good point, both have their share of mistakes could be that the korean national brought the big cash carelessly which caught the attention of the robbers and the security personnel didn’t offer to go an extra mile to ensure the korean’s safety since they know that he is the jackpot winner. I think the korean national is overwhelmed with the winning that he forgot to think of possible robbery, he could just put it in his bank account rather than bringing the cash.
1596  Economy / Gambling discussion / Re: Any knows the mathematical formula to winning the lottery? on: June 22, 2019, 01:04:15 AM
There's no exact formula in gambling. It's just either you're lucky at that time or not. Same like our life there is no formula to quick success. But not like gambling where it's just based on luck. With hardwork you can be successful. It's sad that many people chase to become successful fast and wants easy money resulting for them to be addicted on gambling until they lost everything in the end.

There's no exact formula in gambling and can't be. The entire nature of the lottery is a probability based. Every round a new, knowing previous rounds results does not help. Maximum you can get from mathematics - is to calculate you chances to win, that's it

Exactly, you can calculate the chances of winning in lottery but the lucky numbers, its very impossible to predict - no matter what mathematical equation that you will use it will not guarantee that the answers are the lucky numbers. Lottery for me is just luck and no method can help in ensuring you win.
1597  Economy / Gambling discussion / Re: Do you have any strategic way in playing poker? on: June 22, 2019, 12:45:11 AM
I think my strategy also depends on how my opponents move, it changes from time to time. When another player is too aggressive and I know I have a good hand, I usually just call. Or I just check when no one is raising.

I agree, it is not the same every time because when you play sometimes the strategy you are using may not work so you have to change it a little bit, also I think it is a common mindset for card players that if they have good card in hand they will really call or increase the bet and if they have bad cards they will fold, this considering that you are fast enough to make decisions.
1598  Economy / Trading Discussion / Re: Risks to consider before trading? on: June 21, 2019, 03:31:47 PM
The worst thing that can happen to you is your emotions. Everyone is saying that emotions can only interfere with your trading. Therefore, this is the most important thing to learn, you need to make decisions with a sober mind.

Exactly, in trading you have a peaceful mind to make right decisions because if your not on your good mind tendency is that you will only make mistakes, and mistakes can be very bad in trading because you might lose everything. Emotions can be very hard to control, it may take a lot of practice but it’s an important factor that will determine your success in gambling.
1599  Economy / Speculation / Re: $10,000 is around the corner on: June 21, 2019, 01:49:55 PM
Everything is clear to me, a single day of pump is good but also scary. It can still go down but hopefully not, we are hoping for the price of $10k maybe before the end of 2nd quarter is the sign for 5 digits level. I’m happy but not celebrating yet because I want to hold more and earn more.

I agree, we can't let our guard down knowing that it can drop any minute or any day now hopefully not, I hope it will continue to increase until it will reach $10k or even $15k.  It is indeed something to be happy about but there's also the fear that it will drop anytime.
1600  Economy / Trading Discussion / Re: Keep proper distance but not losing passion on: June 21, 2019, 01:30:11 PM
Traders should use what works for them.  I don't make my trading complicated. I keep it as simple as possible. Learning trading from complicated trading methods don't work very well for me.

I agree on this because not all strategy or method that a successful gambler use may work on the other gambler, in my opinion, it is more difficult to follow what others are doing it is better to make a strategy own your own because it has higher chances of positive results.
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