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2401  Economy / Economics / Re: Why is it always about price? on: May 03, 2022, 07:16:19 PM
The fantastic price of bitcoin at this time of course will always be talked about by people, many people regret not buying bitcoin when the price is $ 1 even when the beginning of 2010 many people gave bitcoins for free up to hundreds of bitcoins, it is natural that nowadays people say that bitcoin is something very profitable for long term investment.
indeed bitcoin is increasingly famous because its price continues to rise. at the beginning of 2010 it was only $1 and when measured by current prices of course we can retire early from real work, but the question is whether we can afford to hold it until now, I think it's difficult to do that, even in 2017 it may have shaken our psychology . Many people here have one goal, namely profit. Therefore, it is not surprising that many commented on the price
Previously I think many people did not think that the price of Bitcoin could skyrocket to this extent,
after the Bitcoin price experienced an upward trend, it seems that after that many people really considered it,
currently cryptocurrencies are constantly evolving and it will continue to do so
And that was on the time on where bitcoins price did really make out some significant price rise or increase on hitting up $20k ATH which it did really get more attention wordlwide.

Even though we are minding about into its utility but cant really be ignored when it comes into its price potential which we had been eyeing on where it could possibly go.

Majority of us is really been hooked up into its price volatility since we do really know that it could really reach up on particular points and in disregard into its actual utility.
2402  Economy / Gambling / Re: Would you support a collective boycott of all Russian gambling platforms? on: May 02, 2022, 11:44:33 PM
The OP started the thread 28.02.2022. Today is 02.05.2022. Can someone say the results of "collective boycott"? Russia lost? Israel stopped bombing Syria and Palestine? Saudi Arabia removed their forces from Yemen? US removed their forces from Syria, France from Africa?
This is one of the most hypocritical thread here. What percent of posters can find Ukraine on the map? No one said nothing for last 20 years of wars, why are you crying now?

This thread is about Russian casinos. I understand that you do not support this boycott and you have the right to do so. I believe that if I can peacefully do something that can shorten this war, i.e. reduce the financing of war by reducing financing of the Russian government's budget from taxes from Russian casinos, I will be glad to do it.
This is what the thread is talking all about on which they are boycotting to cut of the lines but considering that there are various sectors or industries on which Russia could really get other
sources of revenue which could really be able to fund up the war.Yes, gambling industry is big but i would say that this wont be enough on stopping this current crisis.

For boycotting support then it would be falling or ending up on someones personal choice because some are really that supportive and some doesnt really care at all.

We do just all hope for this war to be over considering that lots of innocent lives had been lost.
2403  Economy / Trading Discussion / Re: Trading Emotions on: May 02, 2022, 11:09:10 PM
I think that's not how this game works. It was not like a money doubler scheme but anyone can donate on the address and once they reach a certain amount it will then be send randomly to another bitcoin address. The ones that receives it is going to be lucky because they just got free money but that is if the address is valid and it's actively owned by someone else.

I am only afraid that what if they sent the amount to a dead address or to a non-existing address? The money will be gone then but before that, this game should only be done by the trusted people so that we are sure that they won't pocket the money for their own good.
I don't know if you have been following but in case you haven't just google about "private key scam"

Observe the transactions in the address published by OP. As soon as someone sends in a transaction to the address, an out going transaction is created that very moment, which means the address is being watched by people or bots and so many of them it's private key.

How is that a game?
A game on the sense that they would be trying out their best on looking on a particular address but this one would really be beaten up by bots on which we know that whenever there's a sending transactions and on the time that it do credit out on that address it would just automatically make out some withdrawal and for those who had been keep eyeing on the said address would just
simply able to be left behind bested by a bot as always thats why its bullshit on stressing out yourself on looking to have a chance on getting some funds from this address.
2404  Economy / Gambling discussion / Re: Inoue vs Donaire II discussion on: May 02, 2022, 10:44:42 PM
He has to make a decision before this fight, regardless of the outcome, it's good that he will retire so he can enjoy his retirement. We know that when a boxer is not getting any younger, he will be prone to injury, and Inoue is at his prime, a heavy puncher, I hope Donaire will have a good movement so he will not be hurt badly in case he will again lose in this fight.
Sad to see boxer retire their gloves but its good that we are able to witness their goodness in the ring and provide as a good entertainment as well. Most probably Donaire is not thinking about retirement right now which I think is good because he still need to focus on his up coming match and need to be more prepared as well to avoid any big injuries considering his age, there’s a chance that he may ended up his career on a bad situation which I hope not to happen to him. Inoue is still young compare to Donaire, but again age doesn’t rule the game here and everything is really possible to happen.
He wont be retiring as soon he could still able to fight or he do still have passion on fighting other boxers because its not really enough reason for someone to stop because of age or well it might be

on personal reason on why they do really make out such decisions but its still way too early for Donaire i would say yet he could still able to dance in the canvass showing off his greatness.

If he do wins on this upcoming fight then i do really see that there would really be a trilogy that would happen on this one.
2405  Other / Archival / Re: Why has bitcoin adoption failed in El Salvador? on: May 02, 2022, 04:38:55 PM
Maybe the Main reason is that the government mainly are the one who wants bitcoin  but they are lacked of encouragement to people instead they put it directly that people don't understand and just put it in their Mouth.
this is the reason also why there are arguments happens in that matter un tp now.

Truth. This is what happens when a government forces its own interests above the public interests which is wrong in so many levels because as leaders that have been appointed by the people, they should do their job and serve the people well and put the public interests first on top of anything else. What's worse is that the decision is pretty half-assed and they didn't have lots of back up plans that would support their decisions in adopting bitcoin as a legal tender if anything goes wrong. Having lots of countries that are pro or neutral about bitcoin not doing anything yet is already a big enough hint that this matter should not be taken lightly and should be thought about thoroughly. I just hope that El Salvador manages to turn things around not just for the sake of bitcoin's reputation but for the sake of their people as well.
You do got some point somehow which i do bet that citizens of El Salvador wasnt never been aware for it to be coming considering on how short the time did their President did make out such acceptance

or making it as a legal tender.We cant really say that it had totally failed since its been not a year before this decision happened which means that there should be still some specific time on where
they would tend to embrace it.
Of course you couldnt expect for it to end up on positive or make out some conclusion basing on short period of time.
2406  Other / Beginners & Help / Re: Mistake I made till now investing on crypto projects. on: May 01, 2022, 10:05:16 PM
~
It would vary on different circumstances such as;

Low cap/Low ranking coins = Possible able to get 2x-100x or more
Huge cap/Established coins  = Getting 2x in price is hard but when it comes to assurance in terms of potential then there's no doubt to this.

Mistakes are inevitable due to unpredictable movement of the market but with due experience, we could able to handle up the situation somehow.
There is a calculated risk you need to take when you are investing in low market cap low ranking coins and if the project is having a good team and the project is having some utility then you have the potential to rally multiple folds but you need to follow the project development and make sure the team is transparent, if not sell off without think twice.
Checking everything or making yourself that updated isnt something that could be done by someone from time to time on which they do really ending up on picking without any doing any in depth research

and thats why it do commonly in results of losing money or investment because of that kind of behavior.Its a matter of personal choice whether they would go with low caps but i couldnt
blame them on why they are really that tempted on diving into this one even though the risk is high.So its a matter of choice for some and majority do make out decisions basing
on hype or hunch.
2407  Economy / Gambling discussion / Re: Inoue vs Donaire II discussion on: May 01, 2022, 08:20:06 PM

Or maybe his decision defends the outcome of the fight, just like MP, when he won against Thurman, he still look for a bigger fight, trying to push his limit, but when he lose, he decided to retire, so maybe that's the same scenario we will be seeing after this fight if Donaire wins.

Why retire if he can make good money continuing to fight? Likewise, it will be depends on the outcome and the decision

of his camp, who knows he will win and push this to trilogy, that's something interesting for the fans, and for sure the organization and

the gambling industry will embrace that possibility with a wide open arms. They can make more money from those fans who wanted to

see if who between Inoue and Donaire will be the top fighter from this division.
Everything wont end up in talks of money but knowing Donaire he would come after for the glory and ever if Donaire would win this rematch then high possibility that this one would go for Trilogy

and its true that boxing is business which they could really sip out as much as they could but actually this goes for honor specially knowing on what kind of boxer Inoue and Donaire is.

Its true that as long they could fight then age issue wont really be that much of a hindrance and stopping will be mostly on personal type of choice and not basing on what
team is dictating.
2408  Economy / Trading Discussion / Re: Traders Stop Being Greedy. on: May 01, 2022, 06:28:45 PM
One of the reasons why traders loose money everyday in their trading is 'greed'. A trader will hear about a particular coins he wouldn't even do research or proper findings to know the future of the coins which he wants to trade his money on but rather the greed in the trader will push him to use all he has with the aim of making 4 or 5 times of his trading capital.
Traders are big risk takers so everyone should know what he or she is trading on so that when you loose which is normal, you will learn more.
No trader is perfect but mastering coins you trade on can help you, remember trading is like a gamble you either gain or loose.
Do not trade with everything you have,your egg can not be save in one basket, I have lost but I have gained more in trading with the help of research and mentorship programs.

Indeed, your words sound like the truth for every trader. The fact that many traders want to make a lot of money quickly and very often leads them to lose their funds. Yes, this is primarily a greed for quick profits, and therefore they ignore many rules. And the truth is simple, in order to be successful in trading, you need time to choose an asset for trading and study its potential. Ignoring this often results in a loss of both time and money, which ultimately turns many away from cryptocurrency trading.
If you cant control yourself or simply with your greed then you would really be ending up on lots of mistakes on dealing into this market.Whether you do make yourself wrekt or not
you would really still able to make some learning despite of those conditions.

Greed is never been a good behavior specially on trading and just like on what rest been saying that it would really the main reason on why you would really be
messing your trade.

Dont hurry and try to learn all things that you do encounter along the way.Dont hurry yourself on making profits because its a bad idea.
2409  Economy / Gambling discussion / Re: Hard earned money - Busted in seconds on: April 30, 2022, 11:42:51 PM
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad

Why would you even gamble your hard earned money at the first place lol  Cheesy If you don't want such disappointment and feeling lost, better not use your hard earned money on risky games, but rather just use some money that you might got as a bonus or those that came onto you easily. Even if you win or return your money that time, it will still be a lose for you as you will get addicted to the satisfaction of gambling and how fun it was to risk a precious thing and win. Better get a grip of a fine mindset before entering gambling again dude.
First question that should be answered because if you do really mind off about that hard earned money then you wont really be spending it like a maniac on playing gambling and you would cry or regret later on

and bang off your head into the wall just because of this mistake.If you dont like to lose then you shouldnt have played gambling in the first place which its the reality of gambling

on where you would really be having less chance on ending up to be profitable.Dont aim for more because greed would fucked you up in the end.
2410  Bitcoin / Bitcoin Discussion / Re: Are Your Kids Aware Of Bitcoin? Teach Them. on: April 30, 2022, 10:06:19 PM
In my opinion, up-to-date economic information should be given in schools from an early age. As children grow up, they can draw an economic life plan accordingly. This applies not only to bitcoin, but to the entire field of economics.
I think the economic aspect of it is being done already in every school I must say but I believe that Bitcoin and the technology behind it are important at a certain level or stage in our children's education because really it should be considered as a financial wonder because, how many time have they "the Government" try to bring it down? it's still here and getting even bigger by adoption and something like this should be studied all around.
Dont expect nor anticipate for it to be teach in schools considering that we do live on each country with having different jurisdiction or treatment towards crypto which you cant really able to rely with these

kind of things in speaking for your children to learn up crypto or Bitcoin itself.So it would be a good initiative on letting them know at least with the basics but of course you should consider out on the
right or proper timing on where your kids could able to understand on what you are talking about because it would really be just useless if you do tell them too early.
2411  Economy / Gambling / Re: Do you prefer lots of promotions over better RTP? on: April 30, 2022, 09:40:47 PM

Usually, we do not find both RTP and promotions in most of gambling casinos. There are some gambling casino's which focus only on RTP while for others promotions are more important to attract gamblers. I think RTP is more important because with promotions only, gamblers may play once or twice at your site but they will not return back if the RTP is not good and most of their money is lost in gambling.
That's an important stance though. But my question is would the senior player prefer promotions as well. On the other hand - if they have mind set straight for what they want to bet and how they are going to play. Would they be availing the promotion or would they playing on their own bet?

If i were to answer such question then i do prefer on making bets from my own deposit and wont be tending to touch up any promotions and bonuses because it do really sucks everytime you would really

be needing to hit up threshold or requirement for you to make out complete withdrawal of overall funds or simply you do need to wager which do really sucks when you are actively making
out some withdrawals anytime you do win.Its a hassle thing for me thats why im not really that interested but i dont know on some on why they are really interested on this one.
2412  Other / Beginners & Help / Re: Mistake I made till now investing on crypto projects. on: April 30, 2022, 07:41:08 PM
They produce drastically and the amount of circulation is so huge that the tokens price has drop, it is just like fiat and it inflates the small community of investors.

Token with huge supply or circulation are not fast to rise this is what I can notice with that and investing in such is taking your patience to work. I think I made such mistake sometimes ago but now I have been experienced to know it will not rise above some limit and to be ready dumping it when it will touch in such level. Hodling a coin with low utility is also a mistake.
It would vary on different circumstances such as;

Low cap/Low ranking coins = Possible able to get 2x-100x or more
Huge cap/Established coins  = Getting 2x in price is hard but when it comes to assurance in terms of potential then there's no doubt to this.

Mistakes are inevitable due to unpredictable movement of the market but with due experience, we could able to handle up the situation somehow.
2413  Economy / Gambling / Re: How do you advertise your casino? on: April 30, 2022, 06:31:58 PM

The tendency in many business is as you have described. It only pays if you reach a very large critical mass and you still need to get growing because at any  moment competition may ramp-up their investment and catch up with your clients. They key here is to make this viral in so much as possible, that is, to use your clients to get new people joining - that allows cheap exponential growth.
Advertising and marketing is a different domain while gambling and money dealing is a different thing.
Those who are in finance are well aware marketing is not their cup of tea. So better have a professional who can take care of it. Hiring a marketing manager and guiding them a bit would be a great help.

If he is going to promote it here in the forum I think it is just a waste of resources to hire a marketing manager where he can ask a reputable manager to handle the promotion he can do here in the forum or are you referring to the manager here are the marketing manager? If you are referring to the managers here I think that's a good idea since they are more expert and more experience in marketing here.

Marketing manager could be the bounty manager in the forum, as long as the member is reputable as has already run lots of successful projects in the past, I think it's good to hire that kind of manager. Advertising or marketing is always a big part of the business, a casino owner has to spend but expect a good return because they hire a reputable manager.
As it should be on which they should consider out on having some exposure into this forum considering that it has the most or biggest traffic in terms of crypto which it would be understandable

that you would really be considering on having some marketing on this place.As a business owner then you would really be taking priorities but you should really bare  that on mind that

even hiring the most reputable manager doesnt really mean that it would be a success of your project or platform because we know that there are several factors which are really needed
overall for you to consider also.
2414  Economy / Trading Discussion / Re: Traders Stop Being Greedy. on: April 29, 2022, 10:57:47 PM
The fact is that we all trying our best to make sure making out a living will be easier for us which led me and you to engage in trading mostly we in the cryptospace, is moreorless of trial by error methods so whenever a new coin is bought is either we counted it to be at the ++ leading to being greed without adequate research and this mostly happens whenever such project announces to list in a reputable exchange or trading platform like Binance or any one else but without looking at the risk aspect of it.
We have to be mindful and keep pushing wisely
Unfortunately, too many people to that, it should be focusing a bit more on our own explanation for emotional responses to trading and less about trading itself. Trading is not an easy task, but we certainly make it super harder when we let our emotions take over and lead us while trading. This is why there are so many trading bots, you think they are there because they would trade better than a person?

A regular person configures it like any other trader should trade. The difference is that a trading bot wouldn't feel emotions, can't feel it, and it would just simply do what it should given by the commands and nothing more. A human could make mistakes based on emotions.
People should be realizing earlier as they should or could because you could really save up yourself into further trouble if you do make yourself that been aware initially.We know that mistakes could really

give out that kind of learning which it isnt really that bad either but we could really avoid it as much as we could and realize things that trading isnt something simple that you could engage and make profit on.Greed is always been a main culprit or problem on what ever investment or dealing with money you are into because this would in result into unrealistic kind of targets and beliefs.
2415  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: April 29, 2022, 09:41:53 PM

I do agree that NFT is a business decision, but at the same time we make some business decisions fo rthem, such as if they keep on putting up NFT collections back to back to back and keep doing that instead of focusing on casino part, we could leave and go to another casino. While trying to make money based on NFT, they will lose their casino and the nFT worths nothing without the casino. Doesn't mean that its bad right now, its doing alright, but they need to find that perfect balance where people who are here for the casino leave because it turns to an NFT place and nothing more, they need to keep us gamblers happy at all times as well.
They will surely know the effect of having more NFTs that’s why they are limiting its supply and just chill because this is only part of their marketing strategy and you can see, the gambling are still rewarding on their site and they remain committed to provide quality project. Let’s not over react here and just see this NFT adoption as a great innovation done by Rollbit, but if you think it will compromise the site, you have the option to stay or switch to another site, that’s your choice and Rollbit can’t do anything about that.
You would really expect that there would really be criticisms as always because you cant really please anybody on what idea does Rollbit come up with and since we are on a trend where NFT's are the thing
that people been dealing off and as a business then its normal that they would really be looking upon into it.

It is just that majority of players or the community ending up on having good or positive impression and reaction towards this implementation.Doesnt matter if they do make money even
more because this is just where businesses do really make their best and its none of our concern.
2416  Economy / Speculation / Re: Bitcoin Breaks Past The $40,000 Barrier Again? on: April 29, 2022, 08:14:57 PM
The last few weeks have seen bitcoin fall after trying to break resistance around 43k. But so far nothing bad has happened. We are still at the support level. Even if the price goes down to 37k, I don't think it will be for long. I think this is a very good time to buy. If they give an opportunity to buy even cheaper it will be even better.
There were no news or events which are on negative for it to be a reason on such decline but its not something new because its always been like this on which its behavior is totally unpredictable and cant

be known and yes, we've been playing around with this support line for several months as of this moment on where its price do really play in between these levels which would really be giving
you hindrance whether you would be buying or waiting for more price drop but we do have strong support on 37k which we dont see that it would break out soon.
Lets wait and see if there would be some significant price action in next days to come.
2417  Economy / Gambling / Re: BK8 - Biggest and Most Trusted Brand. Asia's #1 Crypto online casino BTC & USDT on: April 29, 2022, 07:20:47 PM
as far I know only Indonesia Bank, maybe if many people from specific countries have joined, does not rule out the possibility of adding more Bank from other countries. so it could bring more players from other countries.
As far as I remember there are also option to deposit with Malaysian local bank as well as the other local banks as long as the country is listed such as Vietnam and Singapore. BK8 is focused in Asian countries especially South East Asian, so the availability to deposit with local bank is not only for Indonesian players. In other words, once a player created an account and choose a specific fiat money as the main balance (except usd), then there will be a way to deposit with the local bank account as per selected fiat currency.
Maybe they have done an update and add more banks? Because, bk8 has been around in forum for a long time now and they still continue their signature campaigns and other than this forum I also see them being advertised anywhere (in the web, in the app, etc) they probably gained lots users for doing that.

If our local banks is not yet on the list, we can ask them directly to add it, and who knows maybe they will consider our request in the future? But in the meantime, we can still be able to deposit and play by using cryptocurrencies as they also support it. The advantage of using a crypto is that anyone in the world can use it with less restrictions. They are better than banks.
Why would minding about making use of banking system or traditional means if we could able to play using up crypto since this is a crypto marketplace after all which we could really make use without

 the need of touching up traditional payments.They've been here for a while and i do believe that this is a fiat casino which had integrated crypto or crypto had integrated fiat payments.

It doesnt matter though but its good that they had acquired or do make out such option for people to make which is something good.
2418  Economy / Economics / Re: The first rule of investing is saving on: April 28, 2022, 11:47:58 PM
You did well in this thread.  "The first rule of investment is saving"

I made the mistake two years ago and I used all my savings for investment, the investment went wrong and I returned to square zero.
I cannot make such mistakes again. I must first save and see that I have huge savings and then I can decide to use a little percentage of my savings for investment. And then, I cannot invest in something I know nothing about. That is my greatest rule of investment.

Investment is not always profitable so in addition to needing backup savings, we should only invest with idle money cannot borrow to invest. The savings must always be larger than the investment so that we can easily respond in time when there are wrong investments. Saving is not only good for investment but also good for everyday things, in life sometimes we need to deal with unexpected work, so saving is essential.
Savings does have different roles;

1. Used in investment
2. Back funds for emergencies
3. Planning for future asset purchases

We should really be obliging ourselves on having savings so that you would really be able
to have some chances on buying back or involvement if you do see opportunities.
2419  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: April 28, 2022, 10:41:14 PM
Consider the fact that you need to spend millions of dollars for sponsorships, millions of dollars on promotions and marketing, plus having a low house edge would mean that you would need a huge chunk of the customer's money in order to continue existing. If you offer low house edge and spend that kind of money but nobody comes? Then you can't make that money back and would be losing and soon bankrupted.

Thats the point and to make money out of this new rakeback system is to have higher wagered amount per day by players and Rollbit is trying to achieve that number. Aside from the gambling business, there is also NFT Marketplace which Rollbit took 5% fee from each transaction so there is a whole lot aspect for Rollbit to milk make money out of those new players ( or existing players with higher wagered volume )
Milk? Cheesy Thats quite a little bit harsh but well as a business then its normal to have this primary motive.If you are really that too sensitive on how business works and how these platforms

applying current trend for more revenue then its out of our business and lets deal to it.They are really just too smart and wise on making use of NFT's to make even more.

Although the rewards and benefits arent really that bad either as we can see on how these things gains up too much attention and recognition.
2420  Economy / Trading Discussion / Re: Traders paradise on: April 28, 2022, 09:40:48 PM

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Then I was supposed to think that you got the idea why your friend never show his rough experience. he wanted for you as well to experience it before having sweet results. Now you have to understand that trading is not an easy job nor you could think there is an easy money in there, it perhaps you may experience diffuclties first before you get what you want.
Neither it was intentional or not because there are friends who do really love to make their friends do able to realize things and able to cherish victory or success come from into their hard work
which you could really say that you could eventually able to tell and appreciate on what your friend had done on the time that you are able to have a good grasp on trading.
Some people are showy when it comes into their intent and some doesnt really love to show that they are really keeping an eye on you in speaking with progress and success.
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