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1801  Other / Archival / Re: Bitcoins historical corrections on: September 06, 2022, 11:03:51 AM
Well if we are going to look at it's historical corrections then for sure we will have a grasp how big the next bull run is. Prior to the halving in 2020, we have the pandemic scare in March that really plummeted bitcoin to it's lowest low, but then again following the halving in May, we slowly get back and then we eventually reach as high as $69k. So now historically the lowest low is $17,500 and maybe next year we will see the price continue to decline. So this bear market is a period of accumulation for all of us.

I's still not convinced that 17,500$ is alread the lowest price on this current cycle since the current price is still close to it while it's been more than 2 months since that occur which means Bitcoin is still not totally recovered. We witness already how the price easily rejected at 25,000$ price level which is an indication that the recent price recovery is just a price relief. I believe Bitcoin should hit the old strong resistance such as 15K or 10K before we can see a strong bullish movement.
1802  Bitcoin / Bitcoin Discussion / Re: Having losses? Or people are not going the right way on: September 05, 2022, 03:07:10 PM

It's about being lucky with that kind of altcoin that we're investing especially if we are participating in a presale campaign. Even private sales campaign won't guarantee you an edge because there are chances that it will go even lower than its price. And worse, most of the private sales has a vesting period.

Yes I agree with you about the "diamond in the dirt" thing regarding altcoins. Been there done that.
Do necessary research and set parameters in every coin we buy even it is presale or already in the market. We can search now if what the project is all about, how it was market and who is the team behind it. We know it is risky to get involved in new coins or altcoins and safer to invest in bitcoin but if we are capable of risking some of our investment in altcoins provided we do research and see that project potential then be it. I have earn some worthy amount before in some altcoins from presale just don't hold it too long, as long as I’m able to gain profit from it I already sold it.
1803  Bitcoin / Bitcoin Discussion / Re: What are people doing except holding Bitcoin? on: September 05, 2022, 01:08:24 PM
Gambling and Futures trading is what Bitcoin millionaires usually do with there earned fortune. I knew a lot of whale gamblers that get there money by just being an early holders of Bitcoin. Same with the futures trading as they are posting there experience on social media. This rich people already do the basic such as buying things the day Bitcoin starts to boom it’s price. I believe most of the Bitcoin millionaires is already doing things that will make there holdings grow more such as gambling and trading aside from there separated Bitcoin dedicated for holding.
1804  Economy / Speculation / Re: Will Bitcoin do $19k again before a bull market? on: September 05, 2022, 12:30:50 PM
There is price fluctuation making some positive price movement, but the real change of market trend isn't experienced. This time the bull market is predicted to take place after a long time period. So there is more chances of price moving same as that we encounter now. The price of bitcoin will drop much before making a bullish move.

Bullish move is not an indicator for a downward movement of price in contrary to your final remark with your statement. I believe it’s just typo so I will comment base on your opinion thoughts.

Price fluctuations in short term is common on bearish market because there’s day traders that usually doing scalp trade on this such market condition to have a profit. This instances is a sign that there’s still a chance for a reversal once this price fluctuations will be supported by a huge volume and good news. I still believe that market will change trend this year once there’s a good news comes on crypto that will provide long term benefits.
1805  Economy / Gambling / Re: Livecasino.io - 🔥 up to 20% cashback 🔥 up to 20% rakeback 🚨 on: September 04, 2022, 04:04:07 PM
Where that will get you scary is the link of the email because when you mistakenly click on the email if theirs a virus that looks like microchips in the link it's obvious that they have stolen your information, because sometimes those kinds of emails always attached to something else, and that's why some people don't link to ignore some of mail Link given to them in any where surrounding their system
That's not how phishing site work, as long as you're only got redirected to fake site you will be fine. It's will be different if you're downloading a virus, even you've deleted the file the virus is still on your phone and it need a virus cleaning to wipe it. The best thing is you're need to separate your email for business, personal, exchange and casino. It's risky to use personal emails for all sites since some of them have sold their data to someone in order to get more money.

This is true, You are safe when you just click links and visit it but scammer nowadays are improving there ways on phishing users account. They are impersonating legit casino promotion to send it on emails that leaks online. You can still a victim of this if you are using different email while this scammer happened to impersonate the casino that you actually subscribed. Typically user don’t check carefully the sender if they knew that they are subscribed to this casino.
1806  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is Solana still among the top 10 coins in market cap? on: September 04, 2022, 03:06:32 PM
Solana is backed by many huge VC and they are connected too on many prominent project like FTX, Serum, Raydium and many more that can easily for them to sustain each other since they are the huge holders on there respective token. Simply think that if Solana is not profitable business while other connected project like FTX is still doing fine, there token value is not affected that much by FUD since there top holders is still holding on and doing fine. This is the advantage on Blockchain project that has a self sustaining ecosystem that is not too dependent on Bitcoin market.
1807  Alternate cryptocurrencies / Altcoin Discussion / Re: Help me choose on: September 04, 2022, 11:31:05 AM
Between Skale Network, Satoshi Island or Lido Dao which one do you think will be better investment in this bear market.

Atleast provide reference link to all the project that you provide because all of them is not a major altcoins so most people here is not aware about the description of these 3 tokens. But base on the name itself I would suggest that go for the Skale Network since it’s a blockchain project and has a lot of potential for growth with just a proper dapp ecosystem. Avoid on p2e games like Satoshi Island because it’s hype is already over.

I’m not a fan of DAO but this kind of idea is still good since the token purpose is for governance. Leave the P2E games on the choices. But it’s much better to choose top altcoins since most of them is currently down due to market condition.
1808  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Just went short on LUNC on: September 03, 2022, 04:07:02 PM
We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg

LUNC becomes weak since the day the big attack happened on the Terra UST tokens. Shorting a almost dead project is absurd while there’s a lot of project out there that already hanging by a thread like Celsius that obviously on the process of bankruptcy yet there are still users willing to purchase it just because most of its supply is locked on Celsius dapps. This token is like a ticking time bomb that only waits for the official announcement of the team about completely shutting down.

I already learned my lesson on investing Luna before for not shorting it while everyone is already in doubt but shorting it now will just give you small profit percentage since it’s down a lot on its normal price.
1809  Bitcoin / Bitcoin Discussion / Re: Prince Filip of Serbia encourages the inclusion of Bitcoin education in schools. on: September 03, 2022, 02:32:17 PM
Literally, the best way to get things done properly for Bitcoin's adoption is by introducing Bitcoin education into the school curriculum, at least starting from the secondary school level and into the higher institution, because people cannot adopt what they don't understand, It's only when people get Proper information about the stuff that's when we are going to see more mass adoption as never before, Therefore with this step, it will definitely help younger generation learn and starting to understand how Bitcoin works perfectly and the water flows down hills.
This will also lessen the doubt of people on how bitcoin operates. Many thinks it still a scam and some were just lucky being able to get profit from it. If it will be teach in schools students will have more ideas and probably they can use as sideline in having profit or atleast if they plan to invest early. It’s a good thing that high profile people appreciates what bitcoin can do. Even no enough knowledge in bitcoin can earn if they study hard so what more if it will be taught by knowledgeable professors to make their bitcoin/crypto journey less riskier and more worth it.
1810  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: September 03, 2022, 12:27:31 PM
The issue is about Freeman being left out when Stake.com was established.  Freeman claimed that he was "discouraged" during their discussion before Stake.com was created.  I think Freeman's greed consume his thought in believing that he has the right on joining to become part owner of Stake.com.  Though the company lawyer has a counter statement regarding this issue.
Cases like this are always very difficult to prove, if the information in the article shared is correct Freeman is suing the owners of stake because they did not let him be part of it, but just because they were partners in a business already this does not mean he is entitled to become part of yet another project with them, Freeman also argues that he helped to design several features of stake, but how is that possible? He was given the chance of being part of the project but since he need to relocate he refuse to do it.

We will need to see if Freeman can produce good evidence to support his case, but so far his statements do not seem to bring too much strength to his case if you ask me.

The problem was he only resurfaced now when Stakes already made a reputation and generates huge revenue on crypto market. He is silent before when Stakes started and he just file this lawsuit on a successful Stake. This lawsuit is indeed mission impossible and probably he just want to make some noise to hurt Stakes about his accusation. He should do this lawsuit the moment the 2 founder of Stake start to operate the casino since day 1 but he just ignore it then do this when everything is already settled.

1811  Other / Beginners & Help / Re: Awareness of scam on social media will help reduce scam on: September 03, 2022, 07:19:10 AM
Newbies will continue to fall for scam it I don’t think it can be completely eradicated, all those newbies joining cryptocurrency are looking for easy and fast money that’s why they easily get scammed, scammers are doing research and getting new methods to scam so matter how you warn the newbies they won’t believe, that’s why I think scam can’t be easily be eradicated. Social media is a place where most of those scam happen and why you don’t trust anything you see there.

Yeah, it’s very hard eliminate those gullible newbie because they know exactly the risk of what they are doing but sometimes they still want to invest there money for a chance of quick profit. Scammer knew this that’s why they keep doing this different scheme as there business on crypto. It’s nearly impossible to educate all newbies for awareness but it’s not bad to educate them as much as possible.
1812  Economy / Reputation / Re: Is this allowed? on: September 03, 2022, 05:49:27 AM
I think you miss the word “try” because the campaign manager is not requiring participants to post on the ANN thread but just reminding them about the possible post engagement on the Casino ANN thread that paying them. I usually post on the casino ANN thread that I’m currently employed for signature campaign to show support and help to give good result for the campaign for a possible long term job.

Posting discussion is different on shilling which the mods care about on creating that rules.
1813  Economy / Gambling discussion / Re: Crypto Casino Stake.com sued for $400 million on: September 02, 2022, 01:13:32 PM
I'd love to hear more of this, I hope there would be an update soon with the case.

it's kind of weird that Chris Freeman's stake in the casino was reduced from 20% to 14% while Ed Craven and Bijan Tehrani stake in the casino did not(I assumed it wasn't reduced because it was never mentioned in the article that their stake was affected)? I wish they'd give more information since I think this one is still lacking.

I doubt that more info will be available in the public since the company reputation is at stake on this lawsuit. Releasing public information might just worsen the situation since they are operating a services while the issue is internal conflict. This need to be settled and let freeman speak to clarify what’s going when the smoke is already clear. Freeman has no role on Stake company and the reason for this issue. Ed and Bij cut him off and now he wants to paid.
1814  Economy / Gambling discussion / Re: Boxing: Dmitry Bivol vs Zurdo Ramirez on: September 02, 2022, 09:57:17 AM
This is an interesting match because they have different fighting stance which means there might be a lot of instance that they will throw punches at the same side. This 2 undisputed boxer is no doubt a beast but Ramirez will a clear advantage if we can base on the statistics especially the experience and height. The only that makes Bivol the favorite is because his recent success to give a upset defeat to Canelo. I will take that extra odds for Ramirez since they have almost close stats and the match is highly a decision fight  which the Veteran Ramirez has an advantage.
1815  Economy / Gambling discussion / Re: Crypto Casino Stake.com sued for $400 million on: September 02, 2022, 07:49:00 AM
$400 million in punitive damage? That's insane! I believe it's a good time to withdraw your funds from Stake asap because you never know the outcome of the lawsuit. This is not the first time we have seen such ownership dispute in crypto world but the amount this time is insane. So just to make your funds safe, move to a different casino for the time being.

Clearly the guy wants a settlement lower that amount because Stake will never pay him that huge amount just for the punitive damage. This lawsuit will cause a lot on both party and I’m sure that Stake know how to damage control on this kind of situation especially using there company bylaws to save them from this kind of charges.

I understand that Stake might be a high risk as this moment but the money he is asking is too good to be true. I think a settlement for a lower amount is appropriate on this kind of lawsuit that clearly just want to share a piece of cake on Stake success.
1816  Economy / Gambling / Re: I need advice from experienced users of this forum on: September 01, 2022, 01:17:44 PM
You are trying to revive a dead horse with this one Roger....

Can you go into more detail on why they rejected your KYC verification? I think a lot of these sites use this as a backdoor to get out of tricky situations when they have to pay out money to their customers.

They might have seen something wrong with your initial verification, but they left it unresolved... until you claimed. Then suddenly things like this become a huge issue for them ..... and they have an excuse not to pay.  Angry

Agree to this. Casino nowadays is using KYC to have an excuse to not pay players since most of the crypto players don’t want to compromised there KYC over there casino and they are using the delaying tactic to delay the KYC result or reject the submitted documents once player complied until the user lost there patience on submitting the documents and forget about there balance.
1817  Bitcoin / Bitcoin Discussion / Re: Having losses? Or people are not going the right way on: September 01, 2022, 11:40:29 AM
Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions

which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.
I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.

It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?

Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.
1818  Economy / Scam Accusations / Re: Cloudbet - Asked for verification and blocked account. on: August 30, 2022, 05:29:10 PM
Quote
Please rest assured that we will be in touch with you as soon as once they get back to us.

although it make take days, that seem reassuring. we are in the different time already that even with just a small amount, the casinos are mandating KYC from users. its happening not just to cloudbet, the not so popular casinos are doing it also.

i think they should be telling us the minimum amount where they won't be asking KYC.

I think there’s no minimum amount nowadays to required KYC because I saw some user ask to undergo KYC with just small amount in the balance by just winning more than x3 of his deposit. I think casino is now fully utilizing there ToS in regards of application of KYC to all its user little by little. I think this is due to the regulators that pressuring them to mandatory KYC all its users for the sake of protecting there business interest. We can’t do anything about this but to comply or choose other casino that still not asking KYC.
1819  Bitcoin / Bitcoin Discussion / Re: Bitcoin market only surviving picture taken 11 years ago today! on: August 30, 2022, 04:14:06 PM
48 Bitcoins for 10 bucks a piece.  Lips sealed

It’s really amazing if we view it with the current price of Bitcoin in mind but what if Bitcoin price do manage to increase to million dollars a piece or more. The future generation will gonna be amazed on our discussion right now that we still manage to see Bitcoin on the current just like we wish to be on the era of Bitcoin which OP posted. I’m those who early sold and never came back is not browsing anymore news related to Bitcoin because it’s killing them just to know the current price of Bitcoin.  Cheesy
1820  Economy / Gambling discussion / Re: Slots and Crash Game version Football. on: August 30, 2022, 03:22:09 PM
I think casinos just want it to be more lively and engaging as well as being catchy considering the trend in the space. It's still a crash game after all but kudos to those talented dev artists that made these amazing UIs, they make gambling really more fun. Maybe next time we see some anime characters in a crash game. Who knows?
I think the developer wanted to give a different touch to the gambling game so that it could attract more gamblers to play it longer. It could be that later if similar games can attract more gamblers, developers will make games using various anime characters or maybe Marvel heroes Grin

Well, this is just a different way for a casino to attract gamblers to spend their time gambling. And maybe this will become a trend in the future.

This is actually catchy and would be a good strategy to attract more players. We can't deny the fact that there are players who focus more on graphics and animation because they find it attractive and entertaining at the same time. The evolution of simple sports is emerging more each day and I guess it's simply because the competition for casino sites is getting higher as well.

Graphics is not the most priority but it surely deserves a credit on attracting players. Players still prioritized what games they want to play because a sportsbook type guy will surely don't to play crash game if he didn't like it even though the theme is based on the game that he likes. People is gambling because of the gambling and not what they are watching. Visual effect just add entertainment but it can't change the guy preferrence completely with just the design.
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