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1961  Alternate cryptocurrencies / Altcoin Discussion / Re: When will people finally abandon Tron? on: August 08, 2022, 03:29:28 PM
I personally think Tron is a good coin because of the low fees required to make the transactions.
I have many times bought Tron to transfer my holdings from one place to another.
Tron has saved me a good amount in fees when compared to other coins.
1962  Bitcoin / Bitcoin Discussion / Re: How Whales Store Their BTC on: August 07, 2022, 03:54:16 PM
Considering that hardware wallets and air gap machines are the most secure wallets I think most of these whales would store their coins in these machines.
May be they are diversifying by storing their coins in different machines and storing them at different locations.
Nobody would announce their stored coins publicly anyway. So we can just speculate it.
1963  Bitcoin / Bitcoin Discussion / Re: Are Early Adopters rich? on: August 07, 2022, 03:50:46 PM
Isn't it quite simple that the ones who are still holding have become rich and the ones who sold early lost the opportunity.
At the same time, who are the early adopters really ? May be we are the early adopters too if bitcoin price crosses $1 million per coin in future.
So if we hold throughout then may be the people from future will call us the early adopters as well.
Strong hands will survive.
1964  Economy / Gambling discussion / Re: An alternative to gambling with money. on: August 07, 2022, 02:52:29 PM
This is not a good idea in my own opinion, it is better to abstain from gambling if you looking for a way to take a break, or minimize loses but to some point gambling with fake money does not help the gamblers in any way.
In theory this is something that it could work, the issue is that the reality many times differ with what we can expect out of our theories, gambling with play money may seem like a good alternative as you are not spending money when you gamble and it may seem that over the long term you will reduce the amount of money you use to gamble, however most of the time things happen tin the opposite order, people begin to gamble with play money and then after some time they decide to use real money for their bets, so while using play money instead of regular money may seem like a good idea it is nowhere near as practical as it may seem.

Gambling with real money provides a thrill which gambling with fake money cannot provide.
While the motive behind this idea is really good it simply can't workout because of the mere fact that people gamble with real money to have that adrenaline rush which fake money cannot give them.
1965  Economy / Gambling discussion / Re: Gambling winnings tax in the USA on: August 07, 2022, 02:44:33 PM
so recently I saw a news circling around the internet regarding someone from the US winning the lottery jackpot worth $1.28Billion, but then several days later, I saw this article. apparently the winner of the Lotto jackpot will only get $433.7M after the total amount of winnings is taxed. it's ridiculous how the government got more money from the lotto jackpot than the actual winner. I know that $433.7 million is still a lot of money but it is still disheartening how $800 million was taken away due to tax.

https://www.forbes.com/sites/robertwood/2022/07/30/winning-128-billion-lottery-ticket--gets-4337-million-after-tax/?sh=5582ea32028d


Even I saw this news on the internet a few days back and I was awe struck when I read that the government will be getting more than half of the lottery amount as tax.
Although $433 million is not a small amount and should still be good after tax deducted but it feels like this is not fair.
Why is the government taxing so much, it's almost around 67% in tax which sounds ridiculous to me.
1966  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: August 07, 2022, 02:40:41 PM
I got email that 360 days lock of FUN tokens just ended. My 7000 tokens turned into 8726. I don't really know what conclusion from it to draw. Through these 360 days I barely followed what's going on with FUN and development of it. So, I don't really knowwhat I should do now. It would be interesting to hear thoughts from other people who had locked their tokens.

Wow, that looks good. Even I had received a mail few days back saying that my locked FUN tokens for 360 days will mature next month.
I had locked 2500 FUN tokens which would give me 3116 FUN tokens back by next month.
It feels good to get extra returns on your investment. Although FUN token has gone down in price we can still hold it until it rises back.
1967  Alternate cryptocurrencies / Altcoin Discussion / Re: POLYGON’S MATIC or Solana on: August 06, 2022, 10:07:28 AM
I would say that both of these coins are pretty good and we should invest in both of them proportionately.
Currently I am holding more of SOL and less of MATIC but over time I am planning to increase my bag of MATIC.
It has shown some nice gains and is a worthy competitor and can turn out to be multibagger.
1968  Economy / Gambling discussion / Re: [Discussion] Should Gambling be Banned? on: August 06, 2022, 10:00:58 AM
The thing is that even if gambling is banned in any country there will still be people hosting gambling activities.
So in a way, gambling cannot be banned completely so why not just regulate it in a way that people are restricted from gambling too much.
1969  Economy / Gambling discussion / Re: Running household expenses with gambling on: August 06, 2022, 09:56:33 AM
Is it possible that we can run our household expenses with gambling ?

I am asking for those people who don't have any skill or job ?


Whatever the circumstances may be but I can guarantee that gambling cannot run a household and it can't be done for a living.
Income from gambling is unsustainable and temporary. On top of that if it is done by someone who doesn't have any skill or job then it would be very tough for him to survive.
Anyone can do serving as a waiter at restaurants which doesn't require any major skills.
But still it is considered as a decent job than a person who is not having any job.
So why not do a stable job to run a household rather than utilizing the money on gambling.
1970  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) TVL Spiked More Than $10 Billion in July on: August 05, 2022, 02:51:41 PM
It seems like that those TVL was coming from people who believe if there will be another fork coin to come soon. As i seen from some sources if there was possibility for the new ethereum will come in the next fork which was around mid of september. It seems like those people were doing preparation for such event. I can't even deny that if i have some ethereum as well but using it in the ethereum decentralized application is too risky for now with so many dapps being hacked and stolen by hacker.
Some ETH miners are unhappy that the mining of this coin will soon stop and declare that they will fork so that mining can continue. However, this market already has Ethereum Classic (ETC), which continues to use the PoW algorithm and mining. Therefore, creating another similar fork would be redundant. We look forward to September 19, when the ethereum mainnet merge is scheduled, to look at the results of the biennial update. That is why, apparently, the price of this coin has been growing in the last month. I hope that this trend will continue in the future.

You are probably right because even ETC has seen some significant gains in the past few weeks.
May be there are people who want to switch over to ETC or may be there are people who want to continue with the fork since it will give them additional coins on the other chain.
1971  Local / India / Re: Choosing Better Crypto Projects! Here's Few Tweeks i use! on: August 05, 2022, 02:31:08 PM
There are two points in this post that I do not agree with you. The good old days are ICO already over and all goods projects get funded by Private Investors nowadays. It is very hard to find any good project. The best place to determine the kind of projects that are coming up can be checked on the Bounty Board.

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Use Cases

I only look for projects that have use cases in the cryptocurrency ecosystem. I have seen many real word projects either dying out or being unable to sustain for the long term.

That's a good idea actually. We don't know how good coins with real world use cases might perform but we can actually get a really good insight for the coins with crypto ecosystem usecase. For instance using DOT for cross chain interoperability is quite a unique idea.

Quote
Quote
Non Repeated

There are several successful projects which are nothing but an upgraded version of an existing project. They have been very successful. It all depends on how effective a project is and whether is it able to solve the pain area.

Again, that's very true. Even I have noticed projects which are a better version of existing projects.
They performed really well when compared to previous projects. We just have to find out how the project is making the same thing better.
1972  Local / India / Re: High time to educate Indian investors | Meetup | Research on: August 05, 2022, 02:17:10 PM
There should be some motive or agenda behind the conference. It can't just be a conference to learn how to make transactions.
Any can find that information within a few clicks. Youtube has so many videos already.
But the idea of a conference is good but something more should be added to it.
For instance, an idea, on how bitcoin can be used to collect donations for a natural disaster occured.
Using a multi sig wallet to hold the funds with one of the top reputable and trusted people for the disaster relief fund.
Just an example, it can be anything else but should be more than just learning how to make transactions.
1973  Economy / Gambling discussion / Re: Will you stop gamble if your girl friend insists ? on: August 04, 2022, 01:07:09 PM
Dont you think it really depends on how much you gamble already. If your gambling addiction is high then may be your girl is right.
You should probably listen to her for good but if you gamble within your limits then there's no harm in it.
You can try to make her understand and even then if she wants you to quit then quit.
Relations should be the priority over gambling.
1974  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: August 04, 2022, 01:00:09 PM
Most of the times these so called streamers are being paid by respective casinos to promote their casino.
It's their joint effort to show that the streamer is making massive profits while in reality most of us lose money.
It's a strategy being used by many companies and works out well. As a user we have to be aware and only gamble within our budget.
Yeah, streamers playing on casino accounts and might have a fixed game to show users watching the stream know what happened when they win, the thrill behind it. Full of manipulate so I have a very bad view of any casino being advertised by streamers.
I don't even think so. It's not that streamers promoting the casino will always be a bad thing but yeah seeing how easy those scammers got max win will make people feel curious about what if they will get that max win. Maxwin was not an easy thing to be achieved and it's pure depend on our luck. I think that in this case it's not casino's fault. It's people's choice whether they wanna try that or not.

You are saying that you are okay if the casino is trying to fake it out by hiring a streamer for their promotion and advertisement.
Casinos are basically cheating the users since what they promote doesn't really happen when we gamble at their site.
1975  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: August 03, 2022, 02:25:36 PM
Most of the times these so called streamers are being paid by respective casinos to promote their casino.
It's their joint effort to show that the streamer is making massive profits while in reality most of us lose money.
It's a strategy being used by many companies and works out well. As a user we have to be aware and only gamble within our budget.
1976  Economy / Gambling / Re: Alert: Bc Game scams! (banned for no reason) on: August 03, 2022, 02:18:26 PM
Uh, what if not? Yeah, it can be true, but having a respond from bc.game that there's nothing they can do where they have everything the reason to tell the user what term was violated. Well, as long as OP never posted the chat logs then people will just speculate.
That's it, no one can tell. If you're on the casino's feet you'll do that kind of assessment, but likely on their side they just want to prevent cheating on their own platform. I don't think the chat logs would make any difference if the damage has already been done.

In such cases, its the user that is at fault since bc.game is a reputed site and won't do such acts without any valid reason.
Besides that since OP hasn't provided much info after he posted this thread it gives an edge to the casino.
May be OP cant back up his claims hence became inactive.
1977  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 🚀 GiveMeTron 🚀 🎁 Don't Forget The Affliate Wager Earnings When Gambling 🎁⚡ on: August 03, 2022, 02:13:27 PM
The site looks very basic and is not at all intuitive. It should be more specific and have more info in it.
As a user we can't understand much by visiting the site. I think OP should accumulate all the info provided in this thread and attach it to the site.
1978  Economy / Trading Discussion / Re: Do real traders care about bear & bull market? on: August 03, 2022, 02:03:23 PM
They say that a trader can make money in a bull market as well as in a bear market if he executes his trades right.
So from that perspective it doesn't really matter if the market is going bullish or bearish because the right ones will make their profits anyway.
The thing is that the bull market is not only a time traders do trading , both the bull market and the bear market are meant for traders to make trade, during the bearish market their are no much profit and the market can be difficult for some people, but some experience trader with good trading skill can still scale through in the bear market.
because indeed when the bear market comes we will still see the assets that make the pump. we often see some assets bounce off during a dump. like making a small pump before finally repairing it again.

especially with futures trading. I think all traders can still benefit from any conditions. What is clear is that we must be aware of the risks.

I have heard from many people and witnessed this fact myself that bear markets give bigger profits in short selling.
This is because the candles are big and volatility is high. So the returns get bigger during a crash.
But as we all know, it's not for everyone to make money in highly volatile market conditions.
1979  Alternate cryptocurrencies / Altcoin Discussion / Re: You won't find this on Google yet on: August 03, 2022, 02:00:45 PM
Well I just did a search and so many results are showing up from as far as Feb 2022  Grin
1. https://coinmarketcap.com/earn/videos/only1-initial-nft-offering
2. https://www.hk-lawyer.org/content/blockchain-101-what-initial-nft-offering-%E2%80%9Cino%E2%80%9D-%C2%A0
3. https://gamefiboost.com/what-is-initial-nft-offering-ino/

What makes me wonder is that since NFTs are technically Tokens, why don't they just simply call them Initial Token Offerings? It's just another form of rebranding to fool gullible investors.

Right on point. I think people should search the history before diving into the crypto world.
Talking about the so called initial NFT offering people shouldn't forget how the ICO era ended.
Lots of shit projects emerged in the ICO era only to have a tragic ending.
The same will happen with INO as well. They might start good but there are lots of shit projects already.
Most of the INO projects will fail abruptly.

that's not surprising, the essence of all these trends is the same, the fact that they've just been renamed and nothing new or different, "old wine in a new bottle"

everything is a temporary trend in the market and it will go bad quickly so be the first or you should stay away from them all,

 as everything will fail in the end.

Shouldn't be more like "new wine in old bottle" since older the wine the better it tastes.
But anyway, point being that all these ICO, ITO, IEO, INO etc... are all same shit different trend.
I have pretty much missed all of them and never became early to invest in it.
But I am happy not to lose money in these so called offerings.
1980  Economy / Trading Discussion / Re: How diversified are you with your investment, crypto aside? on: August 01, 2022, 02:39:41 PM
I'm a young professional, starting working a year ago, and so far I've been placing 20% of my monthly salary into crypto (only crypto).

I understand that it's risky, and would like to save in other ways too. But then whenever I start deciding ...

- savings account offers 0.65% APR, meaning I'd be saving liquidity but also Losing due to inflation.

- traditional markets have less fluctuation but are risky anyway, so may as well stick to BTC and ETH no?

- can't think of any other investment type that yields more than 10% py. Enough to cover inflation.

Any suggestions that could help change my mind?
 Or are all you deep into crypto only, like myself ?

Thanks!

Crypto is just so tempting that our mind makes us invest in crypto whenever we think of an investment.
I have put most of my investment in crypto but also some I have tried to diversify by putting some amount into stocks.
Last year I made a little investment in land just so that I can diversify more and I think gold and bonds are some lucrative investments too.
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