Most of the people buy bitcoins in USD value and play with them, there are a website Duelbits where you deposit the btc and it gets converted into USD value right after the deposit but I don't see other casinos doing the same, Well, for old people it might be a big inconvenient but there's always an option to use an altcoin if you're used betting 0.01 BTC/bet in 2016.
Actually, more and more casinos are offering that USD conversion and it really helps. At times when I am betting on stake, I feel like I am only making a bet of 10k satoshi but when the balance is converted to USD, I quickly realize that it is 4-5 bucks which is a pretty decent bet size. I guess in the coming time every casino will offer the USD conversion to help players know how much they are betting. I won't mind a feature that allows us to convert our deposited coins in USD and then play. Once we are done gambling we can then cashout our coins by converting them back to crypto. I guess sportsbet allow such feature as you can convert to fiat and play but need to convert back into cryptocurrency before you withdraw it. |
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People will not complain if taxes are used the right way, besides, this tax is not a tax for necessities, so it's alright to increase the tax as we have an option to gamble or not. Like a lottery, the revenue is used for government projects and we play the lottery although the chance is very slim (close to nothing), so it should not be a burden for us gamblers.
But, you need to realize that gamblers will most likely lose money to gambling more often than they win and if you are going to impose a high tax on their winning amounts, are you also going to reimburse them when they lose? I don't think any government policy does it. There is already a house edge player has to overcome to win and then the governments are adding extra pressure by imposing more tax so it would be better to ban gambling outright. This kind of torture doesn't set the tone right. How about charge the casinos some massive amounts of tax? Because they make lot of money and they also have the edge against gamblers in all games so easier for them to pay than pressuring the gambler. |
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Ethereum has been in the bull run, above $2k already so it already proven itself that it can sustained its growth. And with the next hard fork, for sure the price could still pick up and go to at least $3k in my opinion. And we all know that Ethereum has a good effect, a domino one to the rest of the altcoins market. So it might not just be Ethereum, but maybe we will see a good jump in the price of the top 10 altcoin in the next coming days.
Above 2k is not really all that great right now, we are talking about something that reached 4k+ at some point and that is why I honestly think that we should not be considering 2k+ as something like it is doing great. Plus even bitcoin increased and everything else increased as well, which is why this increase in ethereum is not really that much of a big deal. This has nothing to do with the future of course, we could have a big increase in the ethereum world and have like a 5k+ type of deal in the future, very near future, who knows? Or maybe we won't have any of that, just because we are at 2k+ has nothing to do with the current situation I can tell you that much but I can't tell you the future those are two very different things and that is why we should not be getting too much excited with any direction, since we have no idea what will happen just based on what happened. |
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Each player is independent. Those who are qualified should be given the freedom to play in all the leagues as they wish.
Each cricket board is different. If a player look for maintaining smooth relationship then must obey all their regulations of a board. BCCI usually is not allowing its current players (except women batters) to participant in any other leagues and this time, they are extending their enforcement to international players as well for political reasons. We cannot blame such a decision because political things decide everything everywhere. I am in favor of distancing sports from politics.
Basically sports must lead to good relationships but having military actions and sports events at a time is definitely not making sense. |
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How much of your reserves are kept in Bitcoin and in USD/Euro? Do casinos trade with their coins when a serious rise or crash happens?
In my understanding people who are well aware of the potential of crypto or at least bitcoin, must be running most of the crypto gambling houses. They might have started their business without realizing the power of bitcoin and its benefits while holding long term but over the time when they watch what do happens with the value of bitcoins along with each halving, they might started understanding its true potential. What I am trying to say is, most probably all crypto gambling houses must be enjoying the profitable run of cryptos so far and might be trading to catch the waves of crypto markets and some other casinos must be simply holding like how a typical long term bitcoin holder is doing. Simply, they are enjoying ~100x profits compared to what they made in 2016 as most crypto gambling houses are always treating 1 BTC = 1 BTC regardless of its USD value. |
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If you don't give up, in 10 years you'll achieve your dreams... but focus on the process, learn the right informations from those who have the results that you want.
Don't trust those who will sell you the dream "Get Rich Quick", too many bullshit scams in this industry.
I myself also strongly believe into achieving goals in crypto trading in slow and steady manner. Because, we must need time to grasp how market is moving and how we can safely enter and exit to make decent profits. In my understanding, we do not need one big profit but many small profits to sustain in this market hence having depth technical skills will help any trader to hit their dreams. speaking about the end result, it's also not clear whether we can achieve our dreams or not, but at least we tried.
This is what exactly OP is trying to convey here. We must keep trying within our affordable limit and by enhancing our TA-FA skills which will definitely lead to fulfill our dreams in long run. |
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I don't think its worth the effort you will be putting to take $1-$3 profit. Sure, it might stack up to some good amount if you keep on doing it, but don't you think it would be better utilization of your time if you do something more productive that will be giving you better profit? As long as you are not selling when you haven't reached your profit goal, everything is fine! Keep holding. In the long run it will pay off.
It is not going to even stack up that much, it is such a low amount that we are talking about basically nothing at that point, who could even make a profit with $1? I mean maybe with $3 but even that is too little, think about all the fees you will have, that means you are going to lose most of that money away anyway, which doesn't make sense. I rather make a big investment and long term so that I could make bigger profits. This may end up working if you have very very limited funds and you have a lot of time, like maybe some high school kid may try this, at worst they will lose few bucks but that's about it, nobody else should even attempt this. Either put it on long term, or aim for higher profit, otherwise you are spending your time for nothing. Go study something that could make you profit and you will make more money in the long run. |
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The challenges of parenting have always been challenging, but the widespread adoption of smartphones and the rise of social media have added to the difficulty. How much screen time should parents allow their kids? And how long before it interferes with children's normal development? And what is normal in today's world anyway? I recently read an article by Pew Research Center stating that two-thirds of parents in the U.S. say parenting is harder today than it was 20 years ago, with many citing technologies, like social media or smartphones, as a reason. As parents, however, I believe that should not be an excuse. It is our duty to stay up to date on our kids' activities, and we should actively participate in their interests. Well, my parents never really cared about my computer hours, I just spent all of my life in front of a computer and now I am working in front of a computer thanks to that, I also gambled when I was way too little, shouldn't have done that, but I at least learned about it, everything I learned about in life was my parents saying "go ahead and give it a try" basically, whenever it hurt me I realized it myself, and whenever I loved it then they started to consider if it is a good thing or not, and allowed me to pursue my dreams. Yeah, I am a bit older than Z generation that is true, but I am only one decade older than them and I have been having the best time of my life since their age all because I learned life by experiencing it and having my parents back me up with whatever I decide, if I failed I know that I could always trust them with help, not just money (although of course parents do pay for their kids) because I usually did free stuff on computer, maybe buying the computer? that could count but also psychologically always being there was the main thing. |
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I thought ETC transaction fee is still expensive, if we are looking for the cheapest, then we should go with the high volume coins that are widely accepted in different exchanges, and I'm particularly talking about XRP, the next option is TRC20 (USDT), this is also widely used now as the fee is very minimal.
By the way, if we look at the transaction fee of bitcoin now, it's still cheap, so it's not a problem and a good time to gamble.
I don't know if you mean eth? But eth fee is not that high anymore and if you are using it on a casino that has wallet connection, it makes things a lot easier as well, just under 2$ to move money around, I get that it is not that cheap compared to fiat, and that is what we should be aiming at fixing, but at the end of the day fiat world makes so much profit from money moving around that we do not have the numbers to drop it, we need to improve the tech to be able to handle these kinds of stuff, what happens if we reach 1 trillion dollars volume in crypto? We all will be screwed, hell even tron will be expensive at that point and without that fixed I would say that gambling with eth or btc is strictly crazy, you should not do it and anyone that does it really has no idea how much money they are spending with it. I personally only gamble with bnb or doge (even though I never invest into doge) because they are simpler, maybe eth time to time. |
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The biggest shame here is that people are making out this as some sort of failure for the leftists. I am a leftist myself and I have never supported what Cuba was doing, I never liked China and I actually hate them a lot, same goes for Russia. These are not "left" these are dictators, look at Putin, look at Chinese dictator, look at Cuba these were all basically places where rulers had the total control over everyone else.
For me that is fascism, because if people are not freely speaking the truth and can't complain about the rulers then I do not see how everyone is equal, isn't that what left should mean? Making everyone closer to each other? If a guy at the top is not even getting a complaint then how is it equal?
I have always said that social democracy where regulations make sure people do not die from lack of funds to buy insulin like what is going on in USA but also people elect those who will become president is the way, democracy can never be removed, doesn't matter left or right the moment you take away democracy you are becoming a horrible nation and as a leftist any place that doesn't have democracy is a bad place if you ask me and Cuba has been a bad place for decades.
While I agree with you on principal that this is a dictatorship, left could have dictatorship as well as right, we have seen right dictatorship with Hitler, and we are seeing left dictatorship with China for the past many decades as well. So dictatorship is not just a left or right thing, it is both of them and they can both have it. The difference comes clearer when we talk about a bit less radical than that, France and Sweden are left, UK and USA are right for example, neither of them are radical enough to have dictatorship, you have democracy in all four nations where people elect their president and that is why it matters so much that we do live a left world, I do like leftists ideas, but it should be around like Europe and not Latin America. |
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Unfortunately when large holdings are used as a tool, then it is out of the original desire of the birth of Bitcoin. Is there anything missing from it all? where large holdings should be restricted, but I don't know how Bitcoin holdings can be limited. Because so far as long as you have a lot of money you can buy Bitcoin with any amount and become the whales of manipulating the price at will.
To be honest, at this point I no longer see the true definition of the decentralized function.
Well original bitcoin was created not to block major companies to do this, it was created so that major companies wouldn't have an unfair advantage, and they do not have it here. Think about it this way, if a company makes a bad investment, would they be bailed out and continue like nothing happened in crypto or in fiat world? Obviously in fiat world. Sure Tesla or Amazon or any other major company could invest or even manipulate bitcoin, that's fine, but if they do a mistake satoshi will not suddenly come out of shadows and give them some free bitcoins so that they could get richer and wealthier, that is literally what is happening in the fiat world, companies that have 1+ billion dollars in profits getting help. Amazon literally got TWICE richer, reached to 1.6+ TRILLION dollar marketcap, and still got 10 billion dollars free money for their space thingy, like they needed 10 billion, it is nothing to them, but it is free money so they took it anyway. There is nothing like that in crypto and that is why it was created. |
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I have always done the same thing, usually have about 50 bucks earned from signature and keep gambling at that place, even though I gambled in almost every place you have heard of in the crypto world, and probably hundreds in most of them, thousands in few of them I still try to only gamble at the place I carry the signature for that moment, which can change, tomorrow I may end up having another signature who knows, but until that moment I rather gamble only on the signature place.
The exception only happens if it is one sided place, like when it is just a casino then I do gamble at a sportsbook and a poker place, if it is just sportsbook then I gamble at a different casino and poker place, so it means that unless a place has all three I may end up gambling a bit in different places. However, it is almost always from the signature campaign and my budget depends on how much I made.
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I know many people bet on boxing matches and I recently saw a post on an "slapping tournament". I was thinking that professional boxing is kind of questionable as a sport discipline and even more so as a gambling event. It is known that many boxers sustain long term effects of repeated micro-trauma and even some have been know to die in the ring. For all boxing fans and for others that may have a view on this, how is this being considered a fully legal activity being supported? And how is betting of people hitting each other being considered as legal and ethical in today´s world?
I don't want to sound philosophical but the truth is that we are living in a world where we modify rules according to our own desire and force them on others. I will tell you why I am saying it. People eat nonveg and have no problems with it because it satisfies their taste but the same people will take a stand against animal cruelty. This is just one example, I will tell you more. People have no problems with watching sports like boxing/wrestling/slapping/etc because it entertains them but the same people will act differently if they see a fight breaking out in the neighborhood. Why? Because it doesn't entertain them and in fact cause them tension. The list can go on and on but we cannot deny that double standards exist and ethics are put aside. |
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Anyone got lucky yet with the double and triple wins on world and Olympic records broken? Have quite a crazy streak of missing out on the new records...
Also haven't hit tennis or soccer specials either. Trying to pick put underdogs and hoping they get an early goal or a 4 game lead on one set but has not happened yet;)
Can't believe no one has shared any wins yet!
Actually, I was wondering the same. I think not many people are betting on the Olympics this year maybe that is the reason. I made some badminton bets and suffered losses after which I haven't made many bets on Olympic games. I also made some bets on tennis on the Naomi Osaka vs Golubic and somehow every time I was betting on Osaka to break she could not and every time I made bet on Golubic to hold, she was losing her serve. Eventually Osaka won which was quite easy to predict but the odds were too low to take the risk. I would love to see some bets where people got double and triple winnings for Olympic bets. Personally, I have the best time with UFC and NBA 14+ promotions apart from those, I hardly win anything (from promotions). |
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On this day, we experienced a 14% price increase and then fell to 37,000. At first, an anonymous source inside Amazon told CityAM, a London business newspaper, that Amazon planned to accept Bitcoin payments by the end of 2021. She stated that Bitcoin is the first step for Amazon to realize its cryptocurrency ambitions. Although the news spread quickly under the media or professionals, Amazon did not immediately issue a statement denying the rumors. What is happening now after this is that Amazon has denied the City AM rumors. I opened the market and saw that it was already falling. In the matter of Musk and Amazon, investors in our market pay too much attention to them and expect them to make a difference.
There could be some people paying to get those news out so that the price would go up. One news comes to around 1 thousand to 10 thousand dollars in big crypto related news websites, which means that we are talking about a news cycle that could cost someone as much as 100k and it will be out there and everyone will know about it. This is why I honestly think that we should not be considering this as a big option, we should be considering it as just manipulation by some whale who spent at maximum 100k, maybe even less, to get this news heard all around the world. It doesn't matter if the news is real or not, only thing that matters is the fact that the price already went up from it, and that means that anyone could increase the price, only thing they need to do is spend money on it. You can give me 100k today, and I can increase ANY coin minimum of 20% right now, not by buying it, but by making news about it. |
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Bitcoin is now rising, and it has jumped by 3k in less than 10 minutes. Although everyone is happy but also worried, is it going to fall again?
My friend asked if I can continue to buy it? But I see a lot of people commenting that giant whales are now controlling the market. I told my friends not to enter the market for now, but my friends seem to have misunderstood me.
Do you think that this kind of market should be forbidden to enter or continue to buy?
I suggest not to panic selling。
Specially after reaching this 40k levels, I do not think that it would be wise to invest into something that already increased so much. I would assume that 30k could have been a decent place to start, at least the friend would have a profit already and if he wants to get out he could have, and if he doesn't want to get out they could just wait for it to go higher and higher and even if it falls for a while they would be still in profit which is why they would be able to wait for it to keep going up in the future without being in negative. However now that we are higher now, I do not think that it makes sense to make a profit based on what I am seeing now, there is a chance we could drop from here, not too much, not under 30k again for a while, but I do not see it going over 40k+ too much, not a 45k price or something anytime soon, I believe that won't happen. |
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Refusing to take profit has really ruined some traders, most times jumping into a trade isn't t the most important, our greed blinds us from seeing that a trade has made profit and that we should leave the trade, instead we keep chasing more profits. Just like holding a gold and keep picking stones. As a good trader we are supposed to trade with target and when our target hit we exit trade, to be a successful trader greed shouldn't be part of us.
This actually reminds me of the crash game we play at crypto casinos. It's all about greed management and actually one can learn greed control by playing that game even if for fun and with play money or negligible amounts. The rocket starts and you decide when you want to cash out because too early means you missed a big chance of multiplying the bet and too late means you got too greedy and lost everything. The same can be applied here in crypto trading, you wait for the profits for too long and might end up regretting while at the same time you don't want to exit the market too quickly because everything was setup right for you. At least in trading you can partially cash your profits and setup stop loss so take advantage of those things. |
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That brings me down to my question, what is the best way to apply the stop loss features that will guarantee zero loss, and which exchange has the best and easy-to-use live trading features.
There is nothing that can guarantee to avoid your losses. You must understand that before you read or think anything else. Now coming to the stop-loss feature, it only is meant to help cut your losses and avoid emotional holding of shit coins. If something is dropping you better sell-off and leave rather than catching or holding the falling knife. You can just read stop-loss twice and you will realize it is only meant to stop the bleeding (loss) and cannot guarantee profits or cut down losses completely. |
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Usually I don't dwell with futures trading, became due to lack of knowledge about it. You need to learn everything from scratch when using futures, and most people I've known it's more like gambling in a casino.
Partly, I agree that there's a manipulation which is present with this system so I preferred to use spot trading instead of this system. It can't be manipulated since price was based on entire average btc price followed by different exchanges.
It can be manipulated, I mean the spot trading, it can be manipulated at some point. How can it be manipulated? We have seen it many times, price drops? Say to the whole world Amazon will accept bitcoin and watch it skyrocket, you have long futures opened right before so you can profit from it like crazy? All the better! It has been manipulated a million times before and it will continue to be manipulated for a long time, hell Elon keep tweeting about doge is a pure manipulation, go do that about any stock and you will be penalized about it, Elon already did, he talked about his own stock back in the day on twitter and he got a huge punishment, and personal as well not for his company, he had to pay it from his own pocket (although he owns his companies as well so he can withdraw money if he wants to I am sure). So basically manipulation in spot market happens all the time. |
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What we need.. is someone reputable in the industry that can audit casinos independently to see if they are profitably fair.
You don't need an independent party to perform audits for provably fair because as a gambler you can verify your own bets quite easily and there are many provably fair tools online which will verify the result if you just enter the seeds which are revealed by the casino once you change the seed pairs. A lot of butt hurt gamblers that lost money, will lodge complaints with this so-called ombudsman and the complaints will pile up and it will take months to resolve some of these issues. Who will fund a gambling ombudsman to handle these complaints and will their jurisdiction cross country borders?
I am of the same opinion on this matter. It is much better to play at sites you have known and tested and that should usually be enough and from my personal experience, leaving apart a few selective scams most of them are quite good. I haven't been scammed by a casino yet so maybe I don't know the full story though. |
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