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2321  Economy / Trading Discussion / Re: Who is selling? on: June 13, 2021, 07:22:27 PM
Who is selling? First those with weak hands and always panic when the market suddenly dump. Second are those who already gained profit and want to cash out their money and convert it into fiat money. Everyone are selling but depends on the situation and reasons why the sell. Supply and demands always present in the market, if there will be no seller definitely there's no buyer.
It's beyond supply and demand right now. There is no reason why suddenly the demand was half of the supply (considering BTC dropped by almost 50%) while a few months back the demand was 5x of the supply (considering we lifted from 10k to 50k and more) I believe that after the shitty tweet from Elon Musk that Tesla no longer accepts bitcoins, most of the large scale investors lost their faith because we as a community hold small amounts but those like Michael Saylor and others have invested humongous amounts and

they have to be mindful of the market news and Elon is a massive source they must rely on. Once big investors start selling, there is a certain domino effect and everyone starts selling and the market keeps on dumping.
2322  Economy / Trading Discussion / Re: Trading is Easy dont be afraid just on: June 13, 2021, 06:51:25 PM
Just the statistic that 95% of traders always lose, is something to be afraid of already, because that 5% anyone could think that they obey only the whales, and they may be right about it.
I don't think those stats are true because surely more than 5% of traders are profiting from trading otherwise exchanges would have been closed if everyone was losing money and they would stop trading eventually. Trading isn't something like gambling either so I don't think people would be addicted to trading like they are to gambling.

Trading isn't for everyone, that is right and I agree with that. There are people who learn skills for years and still fail when it comes to real-trading because anyone can profit from demo-trading accounts because they don't involve real money. When it comes to real money trading, a lot of people despite learning for years various indicators and skills still fail, while some are naturally good at trading, just need a few months and they will end most trades in profit.
2323  Alternate cryptocurrencies / Altcoin Discussion / Re: The cryptocurrency market is nearing the end of a bullish market? on: June 13, 2021, 05:58:30 PM
Bulls and bears are part of crypto and will always be, although it always feels awful whenever we are approaching bear market because your investment will drop alot, i.e if you are holding any assets when the bear arrives, but on the other hand, it gives an opportunity for new investors to buy and also for old investors to buy at low price, bear market has its good side and bad side, only smart people knows how to take advantage of it.
I believe without going down there is no going up, without going up there is no going down. In order for bitcoin to survive it has to go any direction, let's assume we start with up, it needs to drop eventually from that up because people eventually need to sell, if you are not selling it, and nobody is selling it, there is no sellers at all, then who buys it? And how could you say you have a profit?

After all if you do not sell it is fake profit, you can't use it, it is useless, you basically lost all of your investment never to see it again if you NEVER sell, still a long term holder is good, but never sell is not option, so when people start to sell, it will drop and that's normal. On the other side, if it goes up, and nobody buys, that means it will keep going down more and more until someone buys, and that will crash the price so much that if nobody buys then it is zero, so it needs to go up eventually.
2324  Alternate cryptocurrencies / Altcoin Discussion / Re: busd or USDT safe on: June 12, 2021, 08:19:23 PM
BUsd related to Binance. So some sure about it. If anything happened  Binance can be point out. If USDT happended what can we do?
Busd is too centerized than USDT but both of them are suck are it is better to avoid using them for large volumes.
USDT has many problems and there are some articles that talk about them lending some of those coins to make an income from them. I also don't think it's really pegged (there is a dollar in their bank account for every digital dollar produced)
BUSD is too centralized and tied to that platform.
Use DAI.
Too centralized? I mean do not get me wrong I agree that BUSD is as  centralized as it gets and it is under one company's control and there is nothing you can do about it if they say that they are not giving it back and all BUSD belongs to Binance, which is the reason why nobody should use it, I still do and I am in the wrong there and I should not use it but it is very centralized and risky.

However you think USDT is different? How could you think that? USDT is literally a product of a company called "tether", that company literally has 50+ billion dollars from your and my pocket and they do not even back it up, there is only 4% in cash, all others are in stocks, assets and cash like stuff but only 4% is in cash, think about the trouble there. USDT is the most centralized currency ever created, it is under one CEO's rule and that is it, even BUSD is better because Binance has a lot to lose with their company, Tether only has USDT and nothing else so they could scam people very easily.
2325  Economy / Gambling discussion / Re: YOUR FAVORITE GAMBLING? on: June 12, 2021, 03:40:17 PM
I don't like gambling, because math tells me I lose mathematically if I play for an infinite time

see roulette, if you guess a number you win 36 times what you wagered
but the numbers on the board are 37! so math keeps me from gambling
I bet on football matches, but just for fun
Yeah mathematically we know gambling is going to bring more losses than wins but I gamble for fun and don't mind losing some coins and sometimes I am lucky enough to win some.

Sports betting is fun because it goes on for a long time, I mean a soccer match will keep you entertained for 90 minutes with a single bet while a dice game will reveal the result within a second. This is the reason sports betting is more fun, I bet on MMA, tennis, and other sports too and it is really fun when you watch a game and have money on it.

I don't play casino games much but I do like the provably fair games for the only reason that they are fair and although carrying a house edge, chances are we can win as compared to slots with no provably fair system in place.
2326  Economy / Gambling discussion / Re: Which casinos have IP blocks in place for restricted countries? on: June 12, 2021, 05:50:21 AM
I've tried to login into ROOBET.COM using the Singapore and USA server, it looks like it doesn't work as well it says "Sorry, Robert isn't available in your region Due to our gaming license, we cannot accept players from your jurisdiction". I didn't know what is the problem or maybe it is in the VPN that is using the United Kingdom seems to work...
The United States and Singapore are on the list of restricted countries on Roobet. So is United Kingdom, so you shouldn't be able to log in from a UK IP address either. I experienced similar things when I tested Roobet. I wasn't able to log in to the site with a US IP, but I had no problems logging in with a German and Dutch IP. The IP blocks don't seem to work properly in all countries for some reason.   
Good spot and I think stake doesn't accept members from Singapore either because a few days back I was using VPN and I think it got connected to Singapore and then I was unable to even claim my reloads. In case anyone here wonders why I am using VPN to access stake, that is because their owner himself approved of using VPN.

There are people in the chat who often complain they cannot play certain slots because of country restrictions so a lot of games, specifically slots, are restricted to some users based on their country.

Although your intent is good, I don't think most casinos would IP ban players from a specific country because players might be using VPN and some players are affiliate only so if the site bans IP, they won't be able to even claim their commissions.
2327  Economy / Gambling / Re: 🎲BetFury.io|⚡️Free BTC+BNB|⚡️$3.5mln Staking pool|⚡️BFG listing party on: June 11, 2021, 08:21:44 PM
I don't think that the activity will drop on the site because of the listing. Why would people stop mining, as the more they mine, the more dividend they receive.
Even if you buy some coins on the exchange for the dividend, a lot of players will also gamble with these dividends.
I don't think that either, people are playing on gambling site for fun and to win big times, I don't believe the majority of players are playing because of mining BFG alone, they will keep on playing, there is a lot of jackpot to be won and, on the drop rate of players playing, we'll have to see that, the developers keep checking the data and create new rules to make it sustainable in a long haul.

BTW do we have a specific date on the listing, BSW already has Certik audit certification the time is ripe now.
You would think so but there was another website (I do not name it and sound like shilling), and that place had a ton of people gambling there, literally millions of dollars were gambled within the first few months and then when they got listed on binance dex, everything stopped and the amount gambled became so little that you would have to spend 20 thousand dollars to earn 100 bucks per week. That is why I think there is a problem about the fact that when the dividend gets lower and lower because people can earn their BFG by just buying it instead of spending time on it, or risk more money for it, then people just prefer that way and that is why I think there is a risk for betfury as well.

I am not saying that the same thing will happen here, I am just saying that we are may end up with the same problem in the end and there is no guarantee.
2328  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you fall for the current dip and sell off on: June 11, 2021, 06:20:16 PM
Falling for the current price drop had a big impact on my portfolio but at times like this I don't sell everything, I'm not person who easily believes in FUD, I'm selling only because of some needs
That's the right attitude and good to see people believing despite so much FUD being created around cryptos on social media. Almost everyone is talking about the wastage of energy caused by crypto and it baffles me to see so many guys suddenly talking about it because crypto exists for a decade and more so why suddenly all this talk about wastage of energy when we are actually moving towards PoS in general.

Dealing with crypto the most important attitude and aspect that you must possess is being calm and patient every time that you see a dip because its normal to see a retracement and correction in the market so always keep in mind that don't panic sell when there is dip but instead accumulate more to get more profit once the market pumps and recovers again.
Another thing we must remember is that panic sell does nothing but creates a bigger dip than it was initially. If everyone panics and starts selling the market will break and that's what the rich guys who are planning this bear run want. Have some confidence guys and hold tight, good days are coming soon.
2329  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Meme Coin Will Survive Long on: June 11, 2021, 09:59:10 AM
Dogecoin has passed the test of time. It's a decentralized mineable currency with a real community. It's the only meme coin that comes in mind when you talk about surviving. There were some coins that surged in popularity last month but most of them are just mined out of the air and are distributed the way the person that founded the coin wanted. These coins would cease to exist once the large holders sell.
I don't know, did it? I mean for years it was idle and didn't do anything at all. And when it got back up, it did it because the richest person in the world pumped it up constantly and tweeted about it non-stop which created a type of community, and even wallstreetbets guys moved some of their GME profits to Doge as well, so it was a good hype.

However does that mean it is still a good coin? I mean it is not decentralized because over quarter of all coins are in few hands, it is not mineable for most people because major miner companies have the monopoly over it and unless you spend over a million you will not profit anything decent at all, and the "real" community was nowhere just 6 months ago, it was just a memecoin for jokes for years and now for the past few months there is some attention. I do not know, it doesn't look legit at all.
2330  Economy / Gambling / Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊 on: June 10, 2021, 08:06:05 PM
My guess is they made this a week ago . My friend who is platinum 1 but got it before me and he has a host actually got a new host for no reason.
If they had announced it lets say a month or at least 1-2 week ahead that would have given players the chance to still level up in time. I know I would have.

Oh and by the way, the mempool is now empty for the past 10 days and they still charge 0.0002 btc for withdrawals without even considering to change it. My last 2 withdrawals in the past days have been sent with 0.0001 or less sat/b fees but still I paid 0.0002.
That makes my last 10 withdrawals having paid more than they actually sent it with. Congratulations stake.
Even when I win something I still lose a bit back by overpaying.
Stake is by far the best gambling website when it comes to fairness, and they are one of the best about not putting the trouble to customers, if there is anything wrong they will use all of their power to make you happy again, and they have a great design and they have selection of games so you can gamble in any of them, basically they are by far the best casino out there.

But, when it comes to giving everything to wealthy gamblers and nothing to smaller gamblers you can be certain that they will take away few bucks that the poor gambler has and give it to a whale who doesn't need it. They are like the banks that charge overdraft and so forth to poor people who do not have money and give it to people who have a lot of money. It is just the way they do business, they prefer the whales to play here and fish to go play somewhere else.
2331  Economy / Economics / Re: Trump regrets not banning twitter as he hails Nigerian government for doing so on: June 10, 2021, 07:03:46 PM
I believe that Trump's ban by Twitter last year after instigating the violent invasion of the U.S. Capitol may be a contributing reason for such speech.
As far as I know twitter has a rule system, they have certain rules that you have to apply otherwise they ban you, same goes for every user and not just some users. If you see a person who is doing something against the rules, report them, with enough reporting of a certain person you can get them banned as well, there is really nothing shocking about that because every single website is ruled the same, certain rules and everyone has to abide and if one doesn't then they get banned.

Trump was an idiot who rallied people to occupy the capitol which is still not passing from senate and thankfully FBI is at least jailing some people and that is very good outcome, after that it was very normal for him to get banned, if I collected bunch of people that resulted with them occupying the capital, then I would be at least banned from twitter, probably would be jailed forever as well.
2332  Economy / Economics / Re: Do you think Elon is manipulating the market? on: June 10, 2021, 04:00:20 PM
I think he knows that and that's why he always do some sort of promotion for some crypto for better or for worse so in a way, he pretty much manipulates the market where he wants it to be.
He seemed to be able to do everything and one of them manipulated the market,
with that a lot of people hate Elon Musk,
I don't know what the real goal is but seeing this it seems like he's doing everything to make a profit for himself
This dude is a very different person than any other person I have seen. Dude only cares about attention personally, business wise he cares about profit only that is true but personally he cares about attention, that is why he is doing stuff like electric cars and spaceships whatever as a business as well, sure it is mainly profit but spacex basically took out government loans after government loans and sure they paid it back and so forth but nobody else would get THAT much money, and they are given contracts constantly as well.

Long story short this dude wanted to be talked and that is what he did, now he is talked all day every day, without missing an hour. That is why he will keep doing this, he will keep talking about crypto like there is no tomorrow because he knows he will get attention.
2333  Economy / Gambling discussion / Re: luckygames and its administrator Mark on: June 09, 2021, 05:16:34 PM
I understand that you are just sharing your experience but no need to create a separate thread about appreciation since the site was now closed and reviews like this is now unnecessary. Good for you that you have a good run on that site.

However, if ever they will come again live, the damage is already there so expect that even how good your experience is on that site, it won't have the same view by the others. The only way they can goes back again live without any issues is, if they will rebrand their name but the problem today is, new sites are having a hard time to promote their sites so I guess they won't return.
That is what makes the review even more special because if the site was running I would have thought that he is trying to get some players and advertising the casino but since the casino is closed and there are no plans of re-opening as mentioned by ryzaadit, I think it makes the review even more special because the player is speaking his real experience and I don't see a problem with it.

There are countless threads for scam accusations against casinos and daily some players try and tarnish the reputation of some known casinos and if one guy comes and appreciates a closed casino, I think it brings more positivity, which is much needed.

The fact they allowed players to withdraw their funds showed that the casino didn't had malicious intents just failed to operate properly.
2334  Economy / Gambling discussion / Re: What online betting company you know gave you a b'day present? on: June 09, 2021, 04:25:42 PM
It is really rare for gambling platforms to give presents on the birthday of their users. This is a win-win situation for both sides because the user would be more loyal to that platform and will generate profit for them in the long run. I don't know if other popular gambling platforms do this now besides from Stake and 1xbet. It could mean a lot to their users if they win a huge amount from that gift.
These are small events when you gift something to your player, he will never forget. I agree that both the player and the house wins in such situations because the player feels more connected to the casino and the house didn't had to spend too much to retain the player who might have otherwise left. There will always be players who will make multi-accounts to claim those bonuses only but that exists in all forms of advertisement, you cannot get a 100% conversion rate in any promotion.

Not just birthday but I have learnt from stake that a small weekly and monthly bonus keeps the player coming back to the casino again and again. Also, 50% of the players will end up losing their bonus to the casino itself so not a huge loss for the casino.
2335  Economy / Trading Discussion / Re: Signals in crypto on: June 09, 2021, 10:09:59 AM
Only by learning the history of market, we can decide which side the crypto market will going. Bearish and bullish always changing with some periode. Lets look in to history of crypto since 2016, when the previous of bull market started.
If you invest in a good project then there is no need to worry about the bear and bull runs because a good token will always carry value in the long term. I always feel I missed out on BNB coin while it was cheap because it was meant to grow and it did. No matter how many bear and bull runs came in between but a valuable asset will always only increase in value with time.

For technical analysis it is better learn by yourself. When see title i think OP ask for good trading signal, but if OP want to do that, it is better to avoid it because although joined premium group, no guarantee people will always get profit in it.
There is no guaranteed success neither with self-analysis nor with experts and paid signals. There are some good signal groups that might help you understand the market as a newbie but with time you need to learn it yourself.
2336  Economy / Trading Discussion / Re: Crypto trading vs Forex trading on: June 07, 2021, 03:09:05 PM
Anything can be profitable if you know "how to do it"! People are making money in million ways, some more some less, as always!
High volatility is good for day traders! Who finds some patterns can make money every day! Of course, this is one of those things that are easier to be said than done! Where are chances for high profit there is also a risk from losing what you have, one doesn't go without the other!

So what is more profitable?! I guess trying both and learning both will bring you closer to the answer to what is more profitable for you and your set of skills!
Yeah, but I would say that since Forex exists for much longer than Bitcoin does, there are more chances of earning in crypto trading than in forex trading. Anything that's relatively new to the others has higher chances of earning as compared to a saturated market.

If you have massive capital, I would suggest going with forex because the profits are low but stable once you learn it.

If you have a small capital and able to take risks then crypto is all about it, take risks and they might make you a millionaire overnight or you might lose everything you had.

As most people said, neither of them is right or wrong and everything depends on the kind of capital you have and the risk you are capable of taking.
2337  Economy / Trading Discussion / Re: Bitcoins Issues. on: June 07, 2021, 08:08:37 AM
Oh nice! Thank you for the awesome topic because we really needed to know that Bitcoin is really volatile and there's risk, before this post, we never knew that Bitcoin trading is actually risky due to its volatility nature Smiley you so beautifully explained how Bitcoin can suddenly go up and down due to many reasons and I appreciate it.
I can sense the sarcasm Grin.

Lots of so-called pro traders lost hefty amounts during these crash times and this is why so many topics about Elon Musk and so many topics about trading recently.

People for some reason consider volatility as a negative but it is the volatile nature of Bitcoin that keeps it so exciting as an investment prospect. You just need to learn the ability to use the volatility to your advantage and you will love these bear and bull runs. One thing I would always suggest is to stay away from leverage or futures trading because these rich guys will swing the market according to their needs and liquidate small traders.
2338  Economy / Gambling discussion / Re: What online betting company you know gave you a b'day present? on: June 07, 2021, 06:04:47 AM
This is the second year in a row that I'm receiving money in my 1xBet balance as a birthday present. Last year it was around 10$, I managed to turn it to 60$ and lost it all at once. This year I got around 20$, tripled it, and withdrew lol. The funny part is I did not make any deposit since November last year. Kinda nice of them, don't you think? Does a bookmaker you play on do something sort of this apart from free slot spins that you can redeem your winnings (play x game and double your winning in case you win or play z game and get back 50% of your bet in case you lose) only by playing your own money later?
I don't know if any crypto casino offers birthday bonuses because I am part of many and I can't remember any of them offering any kind of bonuses. One reason might be because everyone wants to be anonymous in these crypto casinos and hence casinos would never know if it is actually your birthday or it's a fake date. I mean one can make an account and set their birthday date for the next day and get free gifts. So unless crypto casinos start KYC strongly, I don't think they can offer much.

That said, I do get a small bonus every year from stake at the date I joined there. I get a cake next to my name in the chat and I can ask my VIP manager for a bonus and they arrange it on that day. Obviously, it's not my b'day but it is rather the day I joined the site.
2339  Economy / Gambling discussion / Re: Prayer and gambling. on: June 06, 2021, 07:42:43 PM
Big questions - Do spiritual beings get involved or influence gambling results in the favour of those who pray to them?
I don't think such practices influence the result of a game or bring more luck but I don't see a problem either. There are people with different beliefs and just because I feel that prayers don't matter doesn't mean they are wrong or I am right. I don't think these players are going to change anything, it only shows that gamblers are so desperate for the win.

There are times when I have big bets on sports and I am myself closing my eyes and praying but I know that doesn't mean much so it's just instincts more than anything and being nervous and curious are always the product of gambling. It also depends on what culture we come from and what belief system we have. I am sure almost everyone of us must have remembered our Gods at least once in some situation.
2340  Economy / Speculation / Re: Bitcoin can't break out anymore. it's done. on: June 06, 2021, 06:02:04 PM
Who is Elon? is this a Bitcoin Biggest holder? then if not I'm sure this is another BS post that only wants to bring Negative issue in the community .

Are you a friend of this one?

https://bitcointalk.org/index.php?topic=5331791.0

Because it seems like you are both a lover of the same topic  Grin

You can't make the bitcoin price fall badly with this strategy mate that's one thing for sure.
Unfortunately there are waaaay too many people like that who believe that bitcoin can't be anything all by itself and all these increases were thanks to almighty Elon, I am not even joking there are people believe such things and we can't get rid of them unfortunately. Who knows why they are thinking that way, I mean this is basically just thinking you do not worth anything and only thing that worths is this rich dude who can control everything, that is sad to believe, I mean think about not giving yourself any credit at all.

This is why Elon has god complex, because there are people who literally worship him and give him this much credit for everything in life, I would be very afraid of doing something like this for anyone, I would not give anyone this much credit for something this huge because then they would really lose control and maybe believe in it themselves which Elon really does.
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