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1961  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Student Coin Speculation/Discussion Thread on: June 23, 2021, 09:37:15 PM
More and more projects like student coins have cheated bounty hunters with the lure of big prizes but in the end, they don't want to pay the bounty hunters, not the slightest this is just a big scam to get free advertising for marketing their project as my bounty hunter I am also disappointed because I have always been a victim of unclear payments, this makes me warier of participating in unclear bounties that are not in accordance with the initial agreement, it is very detrimental to many projects that do not pay properly such as Degocoin which has been successful but does not fully pay the bounty hunters.
we have to start to be wary of projects like studentcoin, they don't realize that by them not paying they are destroying their own reputation and it is very detrimental to themselves. we are just waiting for the right time for the collapse of studentcoin because I believe many investors are disappointed with student coin and they will leave it

We already know what has already happened to this project, its chart is going down as we can see.
https://coinmarketcap.com/currencies/student-coin/

There's no room for a scam project to grow in the crypto space, maybe not everyone is aware but eventually, they'll know about the reputation of the project and will dump it. We also don't know if there are real people keeping the volume of the project, or it's just them alone to make it look good because as of now the trading volume is still high.
1962  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP is pumping now. on: June 23, 2021, 09:21:15 PM

Yes it is most of the altcoins are also getting the red days.
If you believe we are under correction, we will not be surprised by what is happening.

We will look at the next thing to happen with the market if this is already the sign for another pump to come.
There's no big sign that it will happen, we've seen several times that bitcoin has pumped but it' just all a bull trap and here we are now, again stuck in a price below $40k.
1963  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Dogecoin overpriced? on: June 23, 2021, 02:13:01 PM
I think it's overvalued because apart from Elon Musk's Fomo and community appeal, Doge Coin doesn't have any outstanding real-world applications other than the previous Dice games or HYIP websites.
If the online businesses will adopt DOGE, then the demand for DOGE will increase, that's what you called an adoption. Just like bitcoin, it's only used as a payment system, the same thing could be done with DOGE, unfortunately, its supply is not fixed, so it's not attractive to investors, I mean smart investors.
1964  Alternate cryptocurrencies / Altcoin Discussion / Re: Red crypto market today on: June 23, 2021, 01:19:45 PM
I sincerely don't know what could have led to this extent of reduction in the general prices of cryptocurrency in the market. I understand that the market is volatile and there is a huge possibility for market correction after the bull run. I'm still positive about the industry and personally believe that this phase would pass very soon.

You don't have to worry about how low the price will dump, worry if you will not take the opportunity to buy the dip since it does not happen all the time. Of course, since bitcoin and the entire crypto has good potential, as the demand increase, the price will eventually rise again in the long run.

Just look at the trends and its price history, it dumps due to correction but once it recovers, it breaks its new ATH when in a  bull run period.

It's period because although it's quite short but it will last for months.
1965  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will ETH Hit $6K this week? on: June 23, 2021, 12:37:33 PM
Yes.

The price is still up and good from the past ATH that it had in 2018. Although its huge difference from this recent ATH makes people think that the current price is low.

Well, that's how mostly deal with it.

I think people who have been in the crypto space for a while by now should know that if your coin can hold from 50% of ATH (which is about where ETH is now) then it is actually a good sign already. I think sellers hurt the market now but this is only short term,,, and unfortunately people are not willing to wait the time out. Or maybe it is fortunate,,, for us:)

The correction would always hurt the market if we have unrealistic expectations. It's hard to expect that the price will just continue to move uptrend because it's not the normal of crypto, the norm is it's very volatile, which means we will see a pump and dump scenario anytime. Investors will not worry if they do understand how the market behaves, they'll always find an opportunity, whether to buy or sell.
1966  Economy / Speculation / Re: About time it crashed on: June 22, 2021, 09:32:02 PM

You are wrong on your prediction here buddy, but I think you are right with bitcoin going down to $20k as the trend suggests that we are already in a bear market. When bitcoin struggles, that's where altcoins will also start to bleed, no more craze if bitcoin is bearish as the whole market will be affected.

BTC's dominance rate increase to 45%, it will slowly go up, which means the party is really over.

And seeing the market now it's red https://coinmarketcap.com/

Market's gotta take a breather after the express bull run. Make sure to DCA whenever you can Wink

I'm sure I'm doing that, that's the way to minimize the risk. My concern only is the current market situation, it could dive further and will create panic, so as a result, we might see a lower price than the current, good thing bitcoin is still holding at $30kish, but for sure it will not hold longer.

Gotta be ready for the long bear market too and prepare to accumulate.
1967  Alternate cryptocurrencies / Altcoin Discussion / Re: High discount in presale on: June 22, 2021, 09:19:19 PM
Just do your research. It is possible to earn money even on scam coins, but obviously very very risky.
For now it's better to stay away from any coin that has a big risk, because in a market condition that is being corrected very deeply, the potential for loss is greater than profit, so it is worth leaving the unlucky coin to stay safe from losses.

Until the bitcoin price starts its bull run, refrain from investing in new projects. Yesterday, the TGE of the PolyPad project was held, and as a result, investors who bought coins at an early stage with a discount received -50% of the purchase price. Accordingly, those who bought coins on the public round received an even greater loss.
That proves that high discount during presale does not guarantee a profit to the early investors, if they succeed, they'll get more reward, if the project failed they'll take bigger loses, that's just normal in the game, it's a high-risk, high-reward kind of game.
1968  Economy / Speculation / Re: About time it crashed on: June 21, 2021, 09:19:22 PM

Honestly, i see btc back in the $20K region before the end of the month.

You are wrong on your prediction here buddy, but I think you are right with bitcoin going down to $20k as the trend suggests that we are already in a bear market. When bitcoin struggles, that's where altcoins will also start to bleed, no more craze if bitcoin is bearish as the whole market will be affected.

BTC's dominance rate increase to 45%, it will slowly go up, which means the party is really over.

And seeing the market now it's red https://coinmarketcap.com/
1969  Economy / Economics / Re: Covid-19 effect on your country's economy!!! on: June 21, 2021, 09:07:24 PM
I'm feeling the effects it's having on my life very well, all businesses have been down for almost a year now, and I still haven't seen the positive things that can change everything. But anyway, I still feel very fortunate to live in a country with a very high sense of disease prevention.
- Right now, Covid is steadily increasing more than the value of bitcoin every day, I don't feel too much safety around densely populated areas when contacting or stepping out of the house, sometimes there is not too much mood for business when customers keep canceling contracts, cooperative companies begin to dissolve. Being positive in business is no longer in my mind, society is the first thing that needs positive things, they create assets, without them, business would not be better
the same i feel like you. It's never comfortable being outside with a lot of people. Covid has spread everywhere, even more tragically, there are still many people who don't believe it and don't adhere to health protocols properly. Especially in my country, small communities are greatly affected. If the government has the right solution , I think the small traders who require them to keep working will be compliant if this solution is right for their survival . Unfortunately so far they have been forced to stay outside because the government solution does not exist for them.
Get vaccinated and your family so you'll be able to roam outside without thinking about the danger to your health. The solution of the government is the vaccine, if you are not going to take it, then you'll continue to be part of the problem. In small countries, the release of vaccines is not that fast compared to the big countries, but at least there's a vaccine, slowly but surely, everyone can have theirs.
1970  Economy / Gambling discussion / Re: Why the martingale system sucks! (doubling down on losses) on: June 18, 2021, 09:44:53 PM
I would like to know from gamblers what they do instead of doubling the bet on loss, since martingale is so horrible. If you don't raise your bet after a loss, you are never going to make any profit from gambling. That is my perception on this matter. For this reason people use martingale, because they want to have a chance to make profit at least on short run.

If there were better ways to gamble, would martingale be so popular?

Doubling your bet to recover your losses sometimes works, but it should not be a martingale strategy as you'll not gonna stop betting if until you win or you lose your entire bankroll. Doubling your bet is best applied in games like sports betting, you can see the situation, especially in big games, so you'll never gonna have a long losing streak.

The formula here is simple, don't bet blindly but applied the right bankroll management, doubling your bet, don't use the complete martingale strategy.
1971  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 18, 2021, 09:20:09 PM
I like the Jazz being the favorite because bookmakers still believe they'll win since Leonard is out, it makes the bettors kinda think a lot but the answer is quite simple, the Clippers will win because they've done it 3 times in a row already with and without Leonard. It could be a trap for the Jazz backers, but I would not guarantee the Clippers will win, we never know.

Jazz are only the favourite due Kawhi absence, and that's understandable, I'm going with @Stadus tonight on the Clippers ML, although I fancy the chances of we get another game 7 for this series, or even for both fixtures playing tonight as I also think 76ers will even scores on the series against Hawks tonight.

I'll be putting a little on as parlay too on 76ers to win and Over 222.5 points + Clippers ML and Over 219.5 points

I guess I will tail on that pick man, both overs will hit, then we will be seeing great games in a doubleheader tonight. Clippers should get this, or else they'll lose in game 7. The sixers also are always in control when they are facing the Hawks but they melt in the 2nd half, hopefully, it will not happen again.

I'm getting a combined odds of 11.40. It's already good for me. Good luck @Harkorede, thanks for the tip.
1972  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in Axie Infinity on: June 18, 2021, 08:47:22 PM
It's very popular, some of my friends are making money by just playing the game, but I don't really dig dipper but I'm interested to buy and hold, maybe in the future it will rise then I will make a good amount of profit. I've no time playing or whatsoever, so holding just really fits me.

is this the token that we should buy (https://coinmarketcap.com/currencies/small-love-potion/)?
If the token was listed on Binance, it could have a chance to rise in the future because Binance has huge traders who would like to buy and sell those token. So maybe buying and hold will be good for the investment, especially if you do not have much time to play the game. The token itself already increase and get a pump, but now, the price seems back to the low price because the price is at $0.1291. If the price can back to $0.1-$0.11, maybe I will consider buying the token just for collection and hold it for the long term.

There's no if anymore because the token was already listed in Binance, I don't know when but it was already trading with good volume when I hear about this craze. As of now, it has an overall trading volume of $14,036,000, and here's the market in Binance.

https://www.binance.com/en/trade/SLP_USDT?type=spot
https://www.binance.com/en/trade/SLP_ETH?type=spot
https://www.binance.com/en/trade/SLP_BUSD?type=spot
1973  Alternate cryptocurrencies / Altcoin Discussion / Re: Red crypto market today on: June 18, 2021, 08:30:36 PM
This dip was happened because of two reasons that has happened that time, the first one is when China restricts bitcoin in their area, which brings too much dip in the bitcoin, the second reason was the tweet of Elon Musk again when he was tweeted about Tesla which is not going to accept bitcoin anymore for such sh*tty reasons.
There was a new tweet of him that Tesla is going to accept bitcoin again if miners will use clean energy.
https://cointelegraph.com/news/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments-again

unfortunately, that doesn't change the mind of the people riding the hype again as they know that Elon was just playing with them.

With his manipulation technique, there's no reason to trust his words.
1974  Economy / Gambling / Re: Betking.io is back. What do you guys think? on: June 18, 2021, 02:11:17 PM
They can come back but can they still attract investors with their bad reputation?

If they can solve their past problem, then maybe, but it's wise if we will just wait until they fully compensate everything before using the site.
There's a lot of options nowadays, why gamble on a site with a bad reputation and that has come back to start solving the old problems.

Can we consider this the same case with 1xbit's reputation?(not on the ICO part as 1xbit don't have any)
1975  Economy / Gambling discussion / Re: 2021 NBA Season on: June 18, 2021, 01:35:12 PM

Durant over 30+ that's a sure thing.
Harden over 30+ points, hopefully.

Durant might drop 30+ points but I doubt Harden can.

This is the last game of the series, they need to give the ball to their best player, and at this stage, it's Kevin Durant who is their best play.

If we still remember what happened in game 5, the ball was given to Durant most of the time and let him make plays to score or find an open man, and that was very effective as they were able to come back and win that game.
1976  Alternate cryptocurrencies / Altcoin Discussion / Re: How about the future of the market? on: June 18, 2021, 12:16:34 PM
NTF just a hype in the history of cryptocurrency,the problem right now is that there's not enough money in the cryptocurrency market and it's slowly draining away. If there is no another hype to attract people come in then it's likely to bearish season lasting for several years from now.

If NFT is still here by next year, then we can say it's not just hype.
The good thing with crypto is there's a lot of platforms that will be introduced and some create some real hype.

And it's a good thing because it means that developers are really working to develop their projects in the space.
The overall result is positive for the crypto market.
1977  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in Axie Infinity on: June 18, 2021, 11:49:11 AM
It's very popular, some of my friends are making money by just playing the game, but I don't really dig dipper but I'm interested to buy and hold, maybe in the future it will rise then I will make a good amount of profit. I've no time playing or whatsoever, so holding just really fits me.

is this the token that we should buy (https://coinmarketcap.com/currencies/small-love-potion/)?
1978  Economy / Gambling discussion / Re: 2021 NBA Season on: June 18, 2021, 11:19:45 AM
Kevin Durant has done what he could but, the bucks are on a mission to take the series to game 5, harden scoring is no where to be found in-game 6, i think he is still inured, this is what I'm talking about that if you want to slow Giannis you have to stop Middleton and tucker, but the person that is notable in this game is Lopez, he finally uses he's length if you will see who have the height advantage in this series its the bucks so they should take advantage of it.

I disagree with that, Harden is more effective in game 6 compared to game 5.

In game 6, he scored 16 points from 5-9 shooting. The missing piece was actually Jeff Green who only managed to score 5 points after a stellar performance in game 5 which he scored 27 points and a good 3 point shooting percentage.
1979  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If Musk doesn't tweet Dogecoin, can it still soar? on: June 17, 2021, 09:36:33 PM
But not many people want to talk about profits first, because everyone only thinks about profits for themselves first, then for others, and even then if there are any, because most of them don't exist.
And just as Elon Musk's style. He wants to take profit first before anyone else and that's how he's making his tweets worth for him for Dogecoin. But after that you see, there's not that much tweet coming from him anymore.
And as a result, Dogecoin isn't soaring anymore because it just also follows bitcoin as it goes through a correction.
Actually, there's still a tweet happening, however, people are wiser now and Elon's tweeting power is not as effective as before. He could announce good news but if he doesn't create hype anymore, that's still useless. He has a like McAfee who had been playing the market before this year's bull run that we witnessed.
1980  Bitcoin / Bitcoin Discussion / Re: Is someone worried about the recent decline of BTC? on: June 17, 2021, 09:15:36 PM

However, I believe that all these dips are also healthy for the market, investors have the opportunity to add more or enter if you are a new investor. 

It's been proven healthy, we've seen this kind of dips many times and even worst from this, but look what happens next, we still see a bull run and those who panic during the dip are still coming back. Sometimes they lose investing in bitcoin because they are weak, they easily panic due to lack of knowledge, but hopefully, they'll learn from their experience so they'll not easily panic and we need that to keep the market stable.
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