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1901  Economy / Trading Discussion / Re: What is going on ? In crypto ? on: April 13, 2022, 08:25:40 PM
The way everybody understood is this
I buy coin and check everyday it goes up but now it dont move and bull traps.
So wich coins grow everyday ? There is no such a coins?
And why nobody dont create the growth coin that will have large suplly but the supply will getting smaller by the time and coin never fall just going up so everyday i wake up and earn money thats what we need in crypto so passive income everyday and coin is growing and growing.

Try to look at on ETH which does make out some burning with that recent London hard fork.
https://www.coindesk.com/tech/2021/09/15/more-than-1b-in-eth-has-been-burned-since-ethereums-london-hard-fork/

But doesnt mean that this would in result into higher value but no doubt that ETH do still place itself on second highest ranking on overall marketcap.
When you do step your foot into crypto then expect that bull/bear traps, shill/fuds would really be that common. So better get used to it.
1902  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the sign of bull market start on: April 13, 2022, 07:42:33 PM
What is the sign of bull market start
There's no way that we could able to determine on a start of a bull run because there is a high chance that it is really just a

1. Casual pump or increase in price after a correction
2. Bull trap made out by those whales or institution.
3. Etc.

You could only determine when its already bull run where everything is already rising up on a high percentage manner but knowing it earlier
is the most impossible to be done.
1903  Economy / Gambling / Re: Watching Our Kids From Something That Could Dangerous To Them on: April 13, 2022, 05:52:53 PM
Even though I don't have a child but one thing I know is that it is much better ti educate the children about the disadvantages of playing games that a children shouldn't play. My nephew played GTA San Andreas and now my nephew caught what the main character and other characters said when somethinghhappen to them like shit, f*ck and motherf*cker. For gambling, it is better to tell the children why playing gambling games is not good for children and even for an adult.
Children or kids are really that susceptible with those kind of things and considering that they do easily adapt on what things that they do encounter then its no surprise that they would really be
applying it to theirselves which it is true that it would really be good if we train or do make them realize on early phase that gambling isnt good and its possible effects.
Well, it might not be giving out 100% assurance for them on not to play or dealing with other things since we arent there most of the time but at least we have taught them about the right stuff
and more likely they would really be putting it up into their minds and make out some wise decision.
1904  Economy / Speculation / Re: What make people panic sell? on: April 12, 2022, 11:57:30 PM
Right. someone who has been in the world of crypto trading for a long time and believes in the fundamentals of bitcoin, when the bitcoin price drops they take advantage of the moment according to their risk profile. even the moment of a bitcoin price correction can be considered as a discount to enter the market and buy bitcoin at a lower price.
those who already have faith in Bitcoin, have the attitude of buying in a bear market and selling in a bull market. while beginners who have just entered the crypto market will definitely buy when it's bullish because of FOMO and sell when it's a bear market. profit in bitcoin when trading is not difficult as long as you understand the rules = don't sell when bear market come.
Right. I agree with you that in the bitcoin trading system we can get the maximum profit possible while minimizing the risk as long as we understand the rules. For experienced investors, the fact that prices go up or down can actually still be profitable as long as they choose the right strategy, even when the market is red, they can still make a profit.
I don't quite agree with you, an investor doesn't make money when the market is red, but loses like all other investors. The best he can do to minimise his losses is to buy more assets at lower prices in order to sell them at a higher price in the future. In a red market, traders who bet on the downside know how to make money. Because of such traders, we often see spikes on the chart which indicate that someone is trying to knock traders out of position.
DCA on what you mean but to think that not all would really be having that finances on making such step and others that do affect such decision is that you would really hesitating because you are afraid.
Panic sell is something that a very common scenario to happen because of these unpredictable prices movement which is one of the main biggest factor on why we do commit
these kind of mistakes but as the time you do make out some experience then you wont really be able to panic just the same when you are still a newbie.
1905  Bitcoin / Bitcoin Discussion / Re: Binance donates $10 million to support Ukraine on: April 12, 2022, 10:57:36 PM
I really appreciate the Binance CEO's decision on humanitarian aid to help the crisis the Ukrainian people are currently experiencing, it is a hopeful aid for any country going through a financial crisis especially regarding humanity, but of course it is possible that some observers think that this could affect competition between the CEO of Binance and CEO of Ethereum.

I don't expect this donation to be considered war aid by the Ukrainian government, it's humanitarian aid so Russia won't think Binance is funding the war. After all, crypto has become something meaningful here and we should be proud of function.
Some do even make out some criticism that this move was just a marketing or some boost up for the companies exposure or popularity which is totally bullshit but somewhat there are some points
with those presumptions but if we do look up on the history about charitable acts made by Binance then we could really say that this is something not in related with those kind of behind the curtain
intents which some people do really mind off.These kind of humanitarian kind of steps are really appreciable and commendable considering on the amount that they've been giving out
which is on that generous side.
1906  Economy / Gambling / Re: Another New Rule On Gambling Adverts Ban Celebrities and Sports Stars on: April 12, 2022, 10:43:30 PM
It looks like the streaming of fake casino games will end.
Casinos created fake accounts for streamers who played at the casino and won huge amounts of money. Of course, these were fake winnings, but the viewer did not know this. Thought it was a real win. Unfortunately, most of them were kids who, seeing how easy it was to win money, most often deposited their parents money and lose everything immediately. Fortunately, it will end now.

if people will continue to report those fake streamers, YT and other streaming services will take down those videos. because if no one is reporting, definitely, there will always be something like this in circulation. but don't get too confident that they will be out of the market, because for sure, there will always be a new casino willing to pay an influencer to advertise their site showing fake winnings and all.
but on the note about ban on known personalities, or sports athletes, i have to agree with this. because some of these personalities have young followers. and they will see them as examples they want to imitate with.
They should really get rid of that first before banning out celebs who are promoting or with have partnerships with gambling companies because it  would really be totally useless if they would still let
those things running or exposed yet considering that we are on a high tech era which basically means that kids or youth could still make able to see these things where gambling videos or streams are
almost everywhere so its not totally the solution for this problem but if they do really strictly impose such laws then companies would be having no choice but to deal with it.

But they can totally get rid of this casino since some part of the country are earning benefits thru tax so taking them down will also cost them a lot of money lost as income to their country that's why they just do this to minimize the damage what possibly can bring by those huge promotions made by celebrities. Also for sure they will take an action towards streamers since if they ban celebrities they will also do the same with those influencers who promote casinos.
If they would make out an overall ban then that would surely be making out some effect when it comes to tax revenue do to that effect on the decision that they do had made but if they do have
other various sources which they could rely on then they would surely stick on standing on the  decision.Protecting against gambling addiction kind of motive is somewhat really that commendable
since the government is really showing up some care into its citizens but only a few would definitely be doing this stuff and the rest would be minding about tax.
1907  Economy / Service Discussion / Re: This exchange/trading platform seems like a scam, thoughts? on: April 12, 2022, 09:45:06 PM
Hello folks,

This came from a dating app in USA where a girl claims to be doing very well trading crypto using a "P2P" platform with "time nodes" and she sent me this URL to download an app for my phone to trade USDT/BTC etc. using her "strategies". I am pretty sure it is a scam but the girl seems pretty normal otherwise and has pics with her family and friends that seem real.

site address is xhexs.vip/download and then it redirects to another site. When you install the app, you get a legit looking trading platform that asks you to verify identity using govt issued photo ID and then you can add funds to it for trading.
If your intent is totally on making out trades then it would really be just common sense on sticking on known or top or reputable trading platforms rather than on something that had been suggested by
a beautiful girl and making out some claims that she's doing pretty well with it because its a 100% scammer type of claims and the site redirect is totally a scam platform which
do only hooks you up on making out some deposit and on the time you do make deposit then there's no way you could get those funds so be careful.
1908  Economy / Trading Discussion / Re: Bear vs Bull : The Beauty Of Cryptocurrency on: April 12, 2022, 08:59:33 PM
It is good when the market can be more or less predicted. This is another good option. But it's hard to predict right now.
Its never been easy to predict because once you had stepped your foot into this market then be prepared on battling about unpredictable price and this is what make things hard but also the main
recipe on why we do make profits in a short span of time.If you do know on how to go with the flow then you are really on that advantage but of course this state isnt something that someone could
easily able to attain because experience would be the key and the thing which you do really need for you to sustain into this market.Just dont hurry and make yourself do able to learn along the
way and you would find it out.
1909  Economy / Gambling / Re: Another New Rule On Gambling Adverts Ban Celebrities and Sports Stars on: April 11, 2022, 11:36:06 PM
It looks like the streaming of fake casino games will end.
Casinos created fake accounts for streamers who played at the casino and won huge amounts of money. Of course, these were fake winnings, but the viewer did not know this. Thought it was a real win. Unfortunately, most of them were kids who, seeing how easy it was to win money, most often deposited their parents money and lose everything immediately. Fortunately, it will end now.

if people will continue to report those fake streamers, YT and other streaming services will take down those videos. because if no one is reporting, definitely, there will always be something like this in circulation. but don't get too confident that they will be out of the market, because for sure, there will always be a new casino willing to pay an influencer to advertise their site showing fake winnings and all.
but on the note about ban on known personalities, or sports athletes, i have to agree with this. because some of these personalities have young followers. and they will see them as examples they want to imitate with.
They should really get rid of that first before banning out celebs who are promoting or with have partnerships with gambling companies because it  would really be totally useless if they would still let
those things running or exposed yet considering that we are on a high tech era which basically means that kids or youth could still make able to see these things where gambling videos or streams are
almost everywhere so its not totally the solution for this problem but if they do really strictly impose such laws then companies would be having no choice but to deal with it.
1910  Economy / Speculation / Re: A Little Surprised! on: April 11, 2022, 10:07:32 PM
The fall was mainly caused by the high level of sell pressure. It means that there were ton of people or basically ton of money being sold on the market price for a long time and not giving buyers any chance to match that. This is a bit shady this time around, there are periods when it looks shady and not just what market believes.

If I believed that the market didn't had any trust that price would go up and that is why they sold which caused it to go down, I would understand it, but I feel like there could be some manipulation right now as well. This fall didn't looked like others, it looked a bit more fake and I am not sure if it will stay like this for too long.
We should really think and believe that there would really be selling levels on where whales and retail traders or simply investors would consider on selling out which is something a very normal.
Not really that very new or rare that people do usually freaks out whenever they do see these kind of declines which is something too common into this market.
You got surprised? This basically shows that you arent really that old enough to have some experience on this market on how things move on this space.
1911  Economy / Gambling discussion / Re: High Rollers on: April 11, 2022, 09:17:10 PM
Wow,it is fascinating to see people who gamble like 20 Bitcoins on a single bet which is like 860.000 dollars and this amount I know for sure if I work for another 30 years with the salary I am getting I will never make it.It is also sad when you see people that waste such a big amount of money at a single bet while most of us are scared when we bet like for like 1-10 dollars for a spin in the casino slot games.
This is all about the holding of the gamblers. If we were big bag holders, then we might also be doing such kind of big wagers. As you've said, truly it is big amount for a common man who works atleast 8hrs everyday. Even for a $1 bet my hands used to shiver, because we fear of losing. Three consecutive loses and further whether he won or not isn't known.
Who knows, maybe he doesn't even work to earn that much. He can be one if early bag holders who have bought BTC less than $1. Probably what he lost is not even 1% of overall gambling bankroll since he can be medium bookie hedging bets of customers. Just my 2 cents.
A bit common sense that these kind of betting from a particular player then the main things that we would have in mind is that neither this guy had mined lots of bitcoin on those early times or able
to invest and accumulate as much as he could because no one would really be making out these big bets if he do only a few coins because it would really be just a waste of money if he do
spend most of it on gambling site and high rollers is really something that really amaze you to look at but at the same time you would be having that regret on the time they lost.
1912  Bitcoin / Bitcoin Discussion / Re: Is the society matured enough to handle privacy? on: April 11, 2022, 08:13:47 PM
I get what you're trying to say, there are always people who tend to misuse opportunities like this. But so far the government has been able to capture those who were using cryptocurrency for illicit activities. Just like they busted the dark Web as of recently.

So, cryptocurrency can't really cover up people who are using it for the wrong purpose. in one way or the other the government will always be able to find out who those behind such activities are and capture them. And things might change in the future with the new rules that CEX would be forced to work with, and there wouldn’t be as much privacy.
You arent seeing the bigger picture or bigger view because into those people who got caught are just peanuts into those people who do make out some illicit activities in the shadows which until now they
still havent been caught yet nor even discovered due to anonymity of this market then we are much sure that there are people who do really play in the shadows.We cant really just able to see
them or being too obvious but sure they were there. Speaking of privacy then it could really be used into other aspects which does have its pros and cons and that would really
vary on someones own intent on things.
1913  Economy / Trading Discussion / Re: Bear market every team will pump their own coin on: April 11, 2022, 06:59:29 PM
A few altcoins always do not follow the Bitcoin trend. So it's normal behavior that a few altcoins always will pump even during dump season. Sometimes projects manipulate the price or there would be upcoming events as well that pump the price. But always we can't make money from there because we don't know which coin will be the pump. I just follow some coins and take advantage during bear season.
Totally random and this is where some people do really strive to get in but of course manipulation is really very that common thats why we do really miss out anytime those kind of increases specially
when bitcoins price is dumping or decreasing.Its not something new but rather a typical behavior or movement as always but if you could able to dive or choose then thats an easy profits for you.
Bear market or bitcoins correction price doesnt always mean that all things would be dumping down and its true that its not always that in correlation in price together with
Bitcoin.
1914  Bitcoin / Bitcoin Discussion / Re: UFC fighters will get their bonus pay by Bitcoin on: April 08, 2022, 04:28:42 PM
They need someone to really teach the athletes to learn the benefits of BTC or just give them the option to receive stabecoin instead. Otherwise the athletes will blame crypto.com if the value of the BTC goes down. Having the stablecoin, they will still have the chance to trade it to BTC when they change their minds. I believe the crypto.com will pay them thru the crypto.com app, right?
This method or way does really tend to promote or have some exposure about Bitcoin and not stablecoins.If they would able to recieve bitcoin as a form of bonus then they wont really be complaining
about it because on the time that they would win it then it would be automatically be converted on the time on what the price of bitcoin would be which means that this wont be an issue.
Crypto.com is really that something aggressive when it comes to exposure of its company and together with Bitcoin which is something a really good initiative for the company for fastening up
global adoption and recognition/exposure.They might not have able to pull off that FIFA sponsorship but they are looking for other ways just like having involvement on UFC.
1915  Alternate cryptocurrencies / Altcoin Discussion / Re: Danger awaits Metaverse coins on: April 07, 2022, 11:33:48 PM
Come to think of it, there is no metaverse project that's completed yet, they are all hanging on to their BETA self, if the bear market comes hard this time around I think metaverse coins will dip so much that the hype won't be no more until a project finally have a complete metaverse tech in action.
Everything would really vary on projects progress and development which is the main key on where a project could really actually show its potential and might result into further or deeper support from the market but of course it wont really be always ending up on a success because somewhat it do really need up some mix of marketing or exposure because the community would really be the
one to decide whether they would pour out support for this one or would really be on other projects.It would really vary or depend.
1916  Economy / Economics / Re: Thailand ban using crypto for payments on: April 07, 2022, 10:26:50 PM
I don't like this development but I suppose each country have their own take on crypto. I'm assuming it only affects paying directly with BTC and that Thais can still use their money in exchanges to pay for stuff, provided they're converted to bhat first.

I believe Thailand will launch their own CBDC, the Thai government obviously doesn't want their citizens to have absolute freedom to transact. But at the same time I believe the Thai government wants to HODL Bitcoin as part of their FOREX/commodity reserves? Why are the allowing Bitcoin as an investment?

That's an interesting take on this. Still won't prevent Thais from buying up bitcoins but does somewhat make it harder for them to spend it. I'm assuming it's to buy a bit of time while they develop their own CBDC.

If the government are allowing their crypto users to use crypto exchange, then, it won't be a problem spending their crypto. Because they can always convert their crypto to their baht, like use p2p in binance and convert their crypto to THB, it is available by the way. So for me, even if their government is banning crypto for payments, they can still use their crypto by converting it to their local fiat first. Anyway, a lot of us are still doing this because we can only find very few merchants accepting directly in crypto payments.
Even here on my country this is always be the case on where you could freely make out some conversions from crypto to fiat since there are only few merchants who do accept crypto which you might not
able to spend your coins directly or in convenient way which means you do need to convert it out first before you could able to do so but its not really that surprising though because not all government
globally would really be ending up on having the same views and decisions towards crypto.Some might consider it and some would totally ban or prohibit it.So its nice for  those places
who do stood positive into its existence yet they would able to get that kind of benefit.
1917  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: April 07, 2022, 09:22:00 PM
Their forum representative seems to go around in circles spouting the same message but there is a complete lack of evidence on their part.
They keep pointing to the same stuff again and again to try and justify themselves even though no legit member of this forum trusts them.

They probably did return some of the funds linked to certain victims, but they only constitute the minority while the majority still have issues which implies that they scammed way more funds than the amount that they returned.
Im bit aware of those times about Yobit signature participants does have the risk on getting banned or some of them had been on that particular state.Hopefully it would really be applied into 1xbit
signature participants as well but we know that if Theymos would really be imposing such banned then it would really be making another issue about this forum decentralization aspect
which would really be putting some question thats why there are some cautions about scams which arent moderated thats why we should be careful.Its just a shame or it do sucks
that we cant do anything something about 1xbit.
1918  Economy / Speculation / Re: Need more more to invest on crypto. on: April 07, 2022, 07:13:28 PM
On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
If you expect bigger profits in Bitcoin, then the main thing you have to fulfill is capital. But if the capital owned is small, then the return will also be small, this is why not everyone can invest in bitcoin, because the price of one bitcoin is crazy for now, so it's better to confirm bitcoin in incremental purchases, so you can make small purchases, then make short term trading
If you do target 1 whole bitcoin then having incremental purchase or gradual ones would really make things possible but of course it would really be depending into your buying capacity since not all would really be on the same situation or status when it comes to financial capacity which means neither you could able to reach out such target or not on a specific period of time and thats the reality
when it comes to crypto or bitcoin investment.Some do opt on making out trades with the capital that they do have even though it would be small but if it would be done correctly then
they do really have indeed chance on making it more bigger but it wont be simple as it sounds.
1919  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: April 06, 2022, 11:43:02 PM

I don't think there is any way 1xbit can salvage their reputation. It is way beyond salvation now.

Of course they can. All they need to do is work with the community and address all accusations that have accumulated against them, show evidence if the players violated their terms of service, and stop further scamming... But we already know that will never happen.


1xbit has no interest maybe to increase their reputation. Because no change has been seen in their activities so far. The amount of money they are spending on marketing to get more new players shows that their purpose is not to run the business honestly. Because it is more important to solve the unresolved issues of the community than to spend that money on marketing on a large scale.
They should have done that instead but we are seeing the opposite thing on where they are avoiding to resolve out such issues and remain to do operations and ignore those complaints but instead
putting up some budget or allocation for marketing instead on minding on clearing up their name.Honestly basing up on what we do observed that this company had soo much hate and criticisms
but since scams arent moderate on this forum thats why as members who do keep on reminding people on this forum to stay away with this one if they do like for themselves to be out of issues
or possible headaches.
1920  Economy / Trading Discussion / Re: What and where? on: April 06, 2022, 10:49:17 PM
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here.
The OP never mentioned anything about learning how to read the charts and I think it is very important that we let him know that he is meant to do that. Unless he has already done it earlier but if he hasn’t then it is important that he get to learn about it because it is really going to help him in day trading of cryptocurrency.

I do not really see the possibility of being able to trade cryptocurrency if you don’t have any clue about technical analysis and other important things that you are meant to know. So, he should invest his time into doing all that so that he would be perfect before he starts trading.
Trading the markets without knowing anything about TA is a terrible idea, I could understand if an investor did something like this as instead they look at the fundamentals of the asset they want to buy, and if they like what they are seeing they can just buy the asset and hold it for the long term, but if you are to trade any market then a deep knowledge about TA is necessary, otherwise how are you going to know when it is a good moment to sell or to buy without it?
Having no knowledge about technical analysis is something like that you are in a war without having any guns to use which would simply denotes that you are making yourself get killed just like here on this market if you came here unprepared then you would be finding yourself in big trouble or simply blowing up your capital in almost instant or shortest time as possible thats why its important that
you do at least know on how to learn and make use of these indicators on which you do at least aware on what you should gonna do and not just make out some random and gut feeling kind of
decision making.
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