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1661  Economy / Gambling discussion / Re: Does bitcoin dump have any impact on gamblers ? on: June 22, 2022, 10:08:48 AM
Most gamblers usually use their own money in fiat to gamble and if they manage to win some amounts, they convert it immediately so they will have funds to gamble again for the next day. These bitcoin dumps won't be a concern for them as the value will still be the same if they always convert it immediately. If you're a gambler and a trader or investor, then you should have separate funds on those activities.
It would automatically converts on the current market price which we know that majority of gamblers doesn't care on what's the value on the time that they do make deposit.
Ex. 100 USD = 0.001 or 0.005 btc value then it won't be an issue.

They do know the advantages that on a declining market they could possibly earn more coins since the value is less but that's if they are minding about investment but if not then it won't an issue imho.
1662  Alternate cryptocurrencies / Altcoin Discussion / Re: Should newbies Invest in new Projects on: June 22, 2022, 08:05:14 AM
Quote
Should newbies Invest in new Projects

- Investing to a new projects is a matter of choice. Now if you want to have a passive income here in the crypto space,
  I think staking altcoins/coins is one of the good way. Then doing trade(Short-term or long term) also a good one too.
 
- Now regarding about your topic here, there are a lot of games that has been arise here but the majority of them
  didn't last long in the end. But of course, if you want to invest in the new coin, always do your own research first.
All talks about risk taking because it's our money then it's our right on what we should gonna do but it's not bad to hear out others idea about investing on new projects.Actually it's not really that easy to choose considering on how many thousands of coins or projects in the market which newly launched then it's really hard to make up some decision.

Newbies or not, still the same odds or chance on getting the right project it would really vary on someone's analysis and decision towards things and own insight on particular manner.
1663  Economy / Trading Discussion / Re: Which exchange has less hassles in terms of multiple verifications? on: June 21, 2022, 10:18:50 PM
Hi,

I was wondering which of the exchanges has less hassle once you have KYC and not very strict policies?
What do you suggest?

Thanks
Don't have experience on other platforms about verification pace yet Binance is just enough considering on the time of verification which is almost not an hour as far as I remember and I had sent out my driver's license and able to use up features which I do need and I wasn't been asked for further things but just like others been saying that centralized platforms could anytime alter out their terms so it's not 100% assurance on whatever you do like on a certain platform.If you do want to test out for several places then you could do but thats if you could really afford on exposing your identity or documents on such platforms
but if you do really come after  for a sweet spot then hearing out peoples advises and recommendations of this thread will really be that idea for you to follow on.
1664  Economy / Gambling discussion / Re: Minor Protection From Gambling on: June 21, 2022, 07:21:39 PM
You will never be able to stop underage gambling, because the real problem is "bad parenting". You can implement all the KYC requirements and other systems to try and prevent it, but the "bad parents" will create loopholes for their kids to gamble.

So, how do you change "bad parenting" in a society? Well, you make the "parents" accountable for their kids behavior and what they allow their kids to do. (Let them pay huge fines, when you catch them doing something illegal)  Wink
 
How you do consider bad parenting? You can't really tell that someone parents are bad just because they had some child which is a gambler.Yes, monitoring is crucial but there are instances which can't really be avoided or can be seen from time to time and due to the era we do have on which accessibility is really a matter of few clicks which does simply means that you can't perfectly see all the activities where your child is involving that's why aside from monitoring then it is better to make them also aware and realize ok what is gambling all about and it's cons.
1665  Economy / Economics / Re: Is it possible that all cryptocurrency will become regulated? on: June 20, 2022, 11:58:03 PM
That's what the governments want to be able to regulate all the cryptocurrency while if you are familiar with the base of the cryptocurrency you can understand that there is no way for them to take control over it completely and regulate everything, however, I believe they do not have and will neven have enough power to do such thing anytime soon. Currently, all they can do is mostly control the exchanges between fiat and cryptocurrencies because they can track the bank accounts and understand if the account is related to cryptocurrencies or not. On the other hand, some cryptocurrencies are made to be anonymous, and being regulated is against their rule.
They have been doing their best on stopping crypto since from the start because anything that can't be controlled or be taxed is really against their interest which it isn't surprising that they would really be having that kind of impression and steps against overall crypto market.Regulation can't be possible of we do talk technically but they could possibly make out involvement via regulating platforms that involves crypto.
There's no way that they could extent out even if they wanted too thats why one of their ways is to make out some false news or information via those bias media which could really affect the way
others think or impression towards crypto and this is one of their main plans because they cant just easily control so they would really be doing this way instead.
1666  Economy / Gambling discussion / Re: The Most Expensive Thing Bought with Winnings from the Casino or Sport Bet on: June 20, 2022, 10:57:50 PM

What is the most expensive thing you've bought with your winnings from a casino or sports bet that you've never used or used only a few times or even maybe regretted buying?
Didn't win much in gambling on buying something expensive but answering the topic then I do usually purchase online goods and not physical ones though it's cheap because most of the time I do really consider on saving up rather than on spending those coins specially if I do profit in gambling and the amounts been used on gambling also do came from profits itself but I'm not really spending it all.
It would really be that ideal if those coins would be save for the future but there are instances which you cant really avoid on not to make out some spending specially if you dont have
some fiat left on your pocket or simply say into those times where immediate purchase is needed and ive been into this kind of situation.
1667  Alternate cryptocurrencies / Altcoin Discussion / Re: Will LUNA's downfall scare away investors from the crypto market? on: June 20, 2022, 10:35:42 PM
Anything related to bad news or catastrophic consequences surely affect the whole industry. After Luna crash investors didn't liquidate the investment position that caused recent market decline. The main problem is trust on newly launched projects and investors don't want to risk on new coins instead of making similar ROI on top cryptocurrencies. Anyways, Luna was expensive lesson for us and we should remember the risks before trading confidently based on previous trading experience.

but people can easily forget. how many crashes and dumped that we've seen in this market? countless times. so for me, the luna scenario will be one of those failed stories but it won't stop for people to invest in this market.
now, they can reduce their losses if they will have better metrics of choosing a valuable project. much better if the platform has working use case already, with many clients on board.
For those who had been affected badly on certain projects and causes for them to have financial problems then it's pretty sure that they wouldn't be going back on investing since they do have that bad experience but it's true that people do easily forgets and tend to invest once again whenever they do see again some opportunity which they do seem that they could really make money or profit in short time which is something not surprising.Luna incident is just one of the hundreds of scams that happened into this market and people never ever learn.
1668  Economy / Trading Discussion / Re: How crypto giant Binance became a hub for hackers fraudsters & drug traffickers on: June 20, 2022, 08:52:19 PM
It seems like someone has a big hate on binance on why they are trying to discredit it lately. This negative news towards binance isn't alone but there's also one that I read last time though it's more on bnb but still we all know that binance owns that coin. While this news here looks normal because binance is the biggest and the most known exchange.

It is easy to trade big amounts here, no wonder why it is being preferred by the criminals that stoles bigger amounts but being the biggest should also mean that they are much stricter and their security is more stronger than most of the crypto exchangers so how come those criminals can get in and out of this exchange easily? Hhmm that's the big question there.

As they have compulsory KYC in binance at all levels of traders,
maybe these individuals who are into illegal activities are using some kind of emissaries.
You know, people with good records and all. They can use a lot of people that are willing to submit KYC in the platform.
So for me, they can go around this KYC requirement because some may not really be using their own info.
But rather, asking different people to do their trading. And they can distribute it so it won't give an alarm.
This is why, it is good that binance is already asking KYC for all users, maybe, to protect also the platform and to comply the government regulations.
Won't be giving out guarantees because there are some of my friends using up binance p2p and been scammed but still there's no way for some recovery or something like that which is sad but this do proves out irreversible transaction that's why they do put up some warnings and cautions from time to time.
Anything that has some sort of benefits and something useful for hackers and scammers then it's not surprising that they would really be taking advantage.
1669  Economy / Gambling discussion / Re: Bonus Abuse: Who is to Blame? on: June 15, 2022, 10:48:10 PM
Abusers will abuse, that's what they are looking for in casino old and new, they would look for exploits for profit, the casino should not take the blame in fact they are the one who is going to lose here because they are the one giving the bonus while the abusers are making a profit by exploiting these bonuses, but for Casinos own good they should upgrade their security to avoid exploits so they can shutdown these abusers and exloiters.
There are people who would really be taking advantage if ever they do find a hole for them to get in and abuse any bonuses or promotions thats why on the time a casino/platform would run something like this

then they should really be that mindful about possible exploits or abuse that could happen which means that they would need to check things up first before announcing so that
it would really go smooth and dont have any hiccups or problems that might experienced ahead because it would surely cost you if ever you would really be
that confident that everything is fine but its not actually.
1670  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hodlers are actively buying bitcoin these days on: June 15, 2022, 08:02:00 PM
the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.

source of the pic is reddit
They are the ones who do see for this situation for the best time or opportunity for them to accumulate more which they dont able to do so when bitcoins price hits up above 30-60k or simply they are putting their

buy orders into these levels which is indeed worth the wait.Even myself do have the money would definitely do the thing on where accumulating as much as you could but we know that
we do have limited sources and funds which its understandable that it would really be just few but at least we had made out the right thing.

Risk taking isnt something for everybody since there are still people who are still in doubt about bitcoin potential.
1671  Economy / Trading Discussion / Re: The market is confusing on: June 15, 2022, 06:47:06 PM
The market itself is a rather complicated process. I often see those who are confident in their analyzes, although it is worth understanding that it is extremely difficult to predict the market.
Market is never been predictable in the first place which does simply means that you would need to have lots of considerations to mind off on where you do need to apply on at least having a good reading
towards the market despite of being totally random or speculative.

Market is indeed confusing but doesnt mean that it is impossible to deal with  and this is where people really differ since we do have different approach and actions to be made along the way.
We cant just sit down and relax whenever we do invest or trade.It does need ample time and effort to have at least a good grasp in the market.
1672  Economy / Gambling discussion / Re: NBA Finals 2022 - Warriors vs Celtics. on: June 15, 2022, 05:39:52 PM
it sure looks that this series will be over after next match, Warriors are playing better, and first lose was just a glitch, that is now forgotten

Celtics will be under pressure tomorrow, and that could give them headache, they were one break up, lost that advantage, and experience is not on their side

Curry will be a decision maker, that we all agree, as he was in fourth match, when the sentiment changed, and Warriors progressed

I'm afraid that wasn't a glitch because the reason why the Celtics have won in Game 1 because they are more consistent that time as the Warriors didn't expected that they would chase them in the 4th quarter. If that was just a glitch then how come they still won in Game 3, right? That would be underestimating mate, I'm a Warriors fan but there's no denying about the capabilities of Celtics.
There's no such thing about being a glitch on winning 2 games against Warriors which does signifies that they are indeed able to match up these experienced players on Finals on against with but honestly we've seen

that they fall short and we can really see the difference on some aspect or different angle which they cant able to match up with Warriors even though its early to say for closing the game in 6
yet there's still chance for them to tie and push it to 7.

Lets see if they would really be making out some adjustments.
1673  Economy / Economics / Re: Should we embrace a cashless policy?? on: June 14, 2022, 10:43:26 PM
Cashless is always better. It feels light to spender. It feels simple to both parties and it feel safer and easier to regulatory bodies.
We've been on an era on where credit/debit cards had already been existing which means that we've been dealing on it but we know that not all does have the privileged on owning one thats why there's always a

division in between those card users and fiat or paper money which is something  that cant really be removed easily because not all would be preferring this kind of  system.

Would still takes time if everything would be implemented to be digital or having no fiat money yet adjustments would be made but this wont really be that simple or easy to be implemented.
1674  Economy / Gambling discussion / Re: NBA Finals 2022 - Warriors vs Celtics. on: June 14, 2022, 09:26:14 PM
Warriors won the game last night without Curry having a monster game. 0/9 on shooting 3 pointers and only 16 points. Now they lead 3-2 and will likely close out the series in game 6. Boston played well through 4 games but they just don't have what it takes.
To those haters who do say that Curry is the one who do carry out the game then the recent game was showing off that each members do their roles despite of that bad night of Curry.

They do know about ball rotation and defense and making out points or simply compensate on whats lacking and thats the thing i do like with Warriors.
Im not that rooting for Game 6 close up but rather it would be interesting if this one would push through game 7 on where everything could really be thrilling
and exciting.
1675  Alternate cryptocurrencies / Altcoin Discussion / Re: The Hunt for new NFT project on: June 14, 2022, 08:37:15 PM
I am looking for new NFT project that has very good utility Do you have any project in mind that can be as good as APE NFT in future? What new NFT project you are presently into? Bored Ape Yacht NFT and other are just way too overpriced.

I am following one p2e game, it is called reptile chronicles. They have really good arts and novels, I was impressed. Also, they are making a lore-based game and this option gives to the project be successful for a long time.
You are just hyping that reptile chronicles just like on previous replies or comments from other users on recent pages of this thread. P2E is indeed that have chance but even with the best ones are now experiencing some

big problems where its value dropped on 99% which i  do particular talks about Axie Inifinity NFT game which supposedly free to earn but look at on the current condition?

This is the main thing on why i cant really just trust up something new trend into the market.It would only last for sometime and not would really be totally for long term.
1676  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: June 13, 2022, 11:09:14 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Even we are already too far off but we know that there's always the probability yet we've been seen the price is always been unpredictable and we wont know if we would really be going that low or going into those

early years price point but even myself not really that convinced that we would see these numbers again but hey im still open minded about probabilities yet this had been always
the case or scenario that we do commonly see into the market where price could shoot or drop without even knowing or being too aware.

This is why I came here again to see what people are thinking now, that we are hitting this $23k level.
So yes, everything is possible to happen but we also need to assess the probability of the scenario.
There's a possibility that bitcoin will drop to $8k but what do you think is the probability that it will happen?
For me, the likelihood of hitting the $8k level again is very low. I am not even thinking that we can go below $20k.
This month is quite interesting one. One should decide what to do right now, because it can easily go up or down again.
Probability is indeed low because if ever bitcoins price hits up that low then there's something happening in the market but if there's none then chances or always be in line about recovery is something inevitable.I had
been doing cost averaging yet i had bought some coins when it hits 27k and now the price dip down further then i had bought on 22k price.If this one would hit up 20k then its a sweet spot but once the support
of 20k would be broken then expect for the worst and what comes even more worst if the community would be panicking out then the situation would even become more devastating but at the same time it would really be an opportunity for you to get in.
1677  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 13, 2022, 10:22:55 PM
what if one of your family (Father, Mother, Brother-Sister, or Wife) or relative (Uncle, Auntie) is addicted to gambling or becomes addicted? What do you do? Here is my answer as follows,

- Don't feel guilty

- Never ever blame yourself for their Addiction

Now, I'd like to know your additional perception of this discussion; let us share our knowledge
to grow more here, your opinion, advice, or suggestion is much appreciated.
Why is it hard to win in gambling? Well, because that is how it works. The system is designed mainly for the advantage of the gambling owners and if they set it in the opposite direction where the bettor has a high chance to win against them then they will not last a long time as there are lots of bettors but there is only one owner.

Now that we know this fact, let us not assume that we can win at all times in gambling but instead we can play gambling to get entertained and to relieve our stress from a whole day of working. When you enjoy effectively enjoy and feel good, that is what makes you a winner or that is the true definition of being a winner here in gambling.
With just sticking on the basic principle if there would be lots of winners then gambling industry wont really be that big because it does signifies that there are lots of losers than winners thats why whenever you do

tend to engage yourself on gambling then consider those money or funds to be lost completely thats why only use on the amount which you can afford to lose.Dont hope nor anticipate that you would make profits

with gambling, winning is just a bonus if you are lucky enough but most of the time on where people do really lost up in the end of the day.
1678  Bitcoin / Bitcoin Discussion / Re: What exactly do we call this feeling of ‘to hold to zero’ or ‘sell at loss’? on: June 13, 2022, 09:20:07 PM
i call it DISCOUNT
great time to buy more
Discount indeed but majority of people do see the other way around on where they do instead panic loss rather than on buying and whenever bitcoin reach some new ATH you could normally hear off those

words of regret that they should have bought on 23k price or lower.The lowest or bottom price isnt determined yet and we do continue on going down.
Im waiting for some right time to get in but honestly getting in with these prices are cheap already and not something a very bad idea to make.
1679  Economy / Gambling discussion / Re: Do You Think Its One Too Many on: June 13, 2022, 08:23:05 PM
I will not mention any particular gambling casinos, but what are your thought if the casino or casinos with good feedback from the community, but with one unresolved scam accusation but from all angles, the accusation is legit with all the screenshots, transaction hash email conversation are provided by the complainant lets say he is not allowed to withdraw his earnings amounting to $100k but from all angles the accusation is valid, don't you think with thousand good feedback, its enough for the casino to lose his reputation with one legit accusation.

Well it really depends just like with any other business whom you entrust your money to. If you go to your local butcher's business and order 2 pounds of meat and he gives you 1 pound, is he going to be trusted by you in the future? If he does this to all his customers then obviously he is a scammer but if it happened only the once then perhaps it was just a mistake.

Same goes with online gambling casinos. If they have been years in business with no accusations then I might start doubting the legitimacy of the 1 scam accusation. Unless I was provided with hard evidence.
Once it had been proven out or does have that solid or legit evidence then as an owner then you should really gonna prepare yourself because that 1 issue or scam accusation would might result into a disaster.

Just like on what been said that you should not be not confident because even how reputable or known you are but once issues do raise up and its been proven then that would really create that bad impression

which will cause or damage your business so never ever consider on missing out with those issues and try to get rid as much as you could.
1680  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoin will go 10x this year? on: June 13, 2022, 06:42:43 PM
Hi everyone, it's already 2022, and I would like to know your opinion, which alicoin will grow by x10 or even more this year?

Personally, I bet on ecosystem projects that have a lot of fundamentals and are underestimated. I think that projects like NEAR and Cosmos will be able to do x10 in 2022, how about you?

Well for now it is really hard to predict the market is bloody and all i can see is red it means bear season is coming and we all know that during bear season most of the altcoins will also suffer from the effect of the btc bear season and most of its price surely drop, so i think there is no altcoin that will pump 10× this year maybe in the next bull season we will see a lot of altcoins pump up to 10×.
Bloody as hell and this is something not really shocking or new into this market and just like with the basics or casual thing then when bitcoin drops then expect that the rest would do the same, even there are s ome

coins in the market whom do able to pump or increase despite of bear market but it wont really be that long lasting and would still go with the same trend.So on times like these then its hard to know or tell on

about possible 10x gain for this year but knowing about these conditions are the best times for you to buy cheap or simply trying out to take advantage with the current market condition.
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