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2421  Economy / Gambling / Re: Sportsbet.io - Customer just placed a $1,000,000 USDT bet on England!! on: July 07, 2021, 08:58:10 PM
It really wasn't as easy as everyone made it out to be. Yes Italy still won, but first of all if you played a game with draw and said Italy you all lost, and at the same time everyone was saying Spain wasn't good enough anymore and they barely lost in the penalties, so they did all they could and that is a good thing.

However one thing is for sure, we are talking about something that is very very close and the finals will be the same way as well, do not put any team clearly ahead of any other team, this tournament is poster child for that, Switzerland literally beat France, that should have told us that there are no more favorites in any game anymore. It was a fun game to watch as a fan, I wagered on Italy to win total (incl. overtime and penalties) and that allowed me to make some profit, and hopefully we will get England to win as well, that would make me break even and even profit a bit finally.
2422  Economy / Trading Discussion / Re: best indicator hunt ? on: July 03, 2021, 07:25:50 PM
Other than going for an indicator I would rather advice you build on your own trading psychology so has to have a good trading plan because indicators alone can make your trades poor and unprofitable. It's wiser you build on your self as such if you apply indicators to your chat they will serve as confirmation signals and not as leading signals because most indicators follow the market moves and can't predict the next move of a moving trade.
Indicators are what make you a good trader in the long term if you know how to use them but you are right you have to work on yourself as well. So, I would say that combine those two things together and you got yourself a good deal. Learn about both the trading world and how indicators work and how everything works, when you become very good at that then you can start to actually work on yourself and what type of trader you think you are.

After you got both of them down and learn them very well, you can start to combine those things and use what type of trader you are into the indicators you know and create something good. Not all indicators work for all people, some of them are good for certain people and some of them are bad for them, it is all depending on what type of person you are. This way everyone can create their own unique experience.
2423  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: July 03, 2021, 06:05:54 PM
I think the Ramos one was a known thing for a while inside, and they just didn't want to pay that much money for a veteran player who is out of the door anyway because of his age, but I doubt that Varane thing was something they planned, certainly not with Ramos leaving at the same season, they would have kept Ramos one more season if they knew that Varane would leave, however dude just wanted to get out.

I still think that it is Real Madrid and they have a ton of money and they could end up using that money to get defenders, they already got one and they are looking for another.

Instead of making a big spending and get another superstar like they always do each season, for example instead of getting Mbappe or something like that, they could just instead split that money and buy two amazing defenders all they have to do is convince those players to come join them.
2424  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: July 03, 2021, 05:29:31 PM
Officially: Nuno Santo is the new manager for Tottenham, after negotiating with all the available and related managers in the world.
For me, he is the right coach in the right place because of the club's ambitions and tools and the ability of this man to develop them and raise the ceiling of expectations.
Logically the goal is one of the first four places.
He can he achieve what his predecessors failed to do.
Welcome Nuno Esprito Santo!!!!
Sell Harry Kane and build a new team,am dure he will ture this side around, we'll want to see English players as well in your squad not only Portuguese players.
Lol, i am seeing a more competitive side next Season in the premier League.
It has been a news for a few days now I think. Spurs is getting Wolves manager shows that Spurs is not after a championship or a high level at all they are just going to fight for a place in European league at the very best, or hope for the last champions league spot but all of it will be very difficult. Why? Because there is City, which I think could still win the league yet again, there is Liverpool which will be better I hope because they used to be so great but had a bad stretch last season, there is United who bought Sancho to add to last year's amazing team that finished second, and then there is Chelsea that won the champions league last year.

So when you have those 4, that leaves the 5th position open. I am not saying that Spurs will be able to get that neither because we have few other teams fighting for that spot as well but that is the best I think they could do.
2425  Economy / Economics / Re: Founders of South African Bitcoin exchange disappear after $3.6 billion 'hack' on: July 03, 2021, 02:01:49 PM
I don't think that these two will ever return to South Africa. The advantage with UK is that it never deports criminals, if they can prove that their life is in danger if deported. In the past, foreign pedophiles and rapists have managed to overturn their deportations, by arguing that they may face physical harm if sent back. And for the financial criminals, it is even easier. London is being regarded as the hub of white collar criminals. The government in UK doesn't care if your funds are stolen from somewhere. As long as you are rich, and is able to spend that money in the UK, you are welcome there.
I doubt that it is about being deported or even physical harm, it is obvious that these people are now rich and UK wants to take a piece of that money. Think about it, wouldn't you want two people with over 3 billion dollars in their pockets to come to your nation, live there, spend there, when they spend their money others in your nation earn money, and they pay taxes as well so basically all around as long as they live there that 3+ billion dollars will slowly go into UK economy.

So I think it is not about white collar crime, it is not about deportation, it is not about keeping someone safe from physical harm, UK doesn't care about any of that, they only care about money that they could make from these two. I still can't believe they managed to steal this much money, it is a shock to me that they were even capable of doing something this large so easily.
2426  Economy / Speculation / Re: Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K on: July 03, 2021, 07:46:59 AM
Honestly let bitcoin price do whatever it wants because being too overly excited about the price will not help you in any way. We are talking about something that is going to end up not being moved just because we want to (well it could if we had billions of dollars to spend on it) so there is no need to worry about it. Go on and do whatever you want, you think it will go up? Then buy more and wait for it to go up, surely it does look like it could go up from here if we keep repeating the same thing we did for the past two months.

If you think it will go on and crash? Then just don't buy it and if you have any then sell your coins as well. There is nothing wrong with making a mistake in trading, you learn by making mistakes and the more mistakes you make the more you learn and you become a better trader eventually thanks to all the mistakes you did previously.
2427  Economy / Gambling / Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊 on: July 02, 2021, 09:48:29 PM
You are the first person to worry about the house making money or not  Cheesy

Stake is doing well and it's worth the investment to keep our players happy and be the most competitive option around. There will likely be even more million dollar races or bigger!
Lol, I am sure I am not the first one Cheesy. I just worded it differently than others. If you ask people "do you want stake to earn a lot of money from gamblers losing their bets?" they would all say no, because we all want to make profit that's for sure. However if you ask people "do you care if stake goes bankrupt and closes its doors?" then they would say that they do care and they hope stake would continue forever.

Well, that money is not coming down from heaven, you have to make money from us losing money, hence why I do care if you are making money or not because I do not want you to bankrupt and close the doors. Just make your money from other people and not me Cheesy All jokes aside if you have all those streams, all those sponsorships, and now all these millions of dollars given away, and still do make a profit then it must mean that you guys are doing awesome for sure.
2428  Economy / Economics / Re: Founders of South African Bitcoin exchange disappear after $3.6 billion 'hack' on: July 02, 2021, 08:20:15 PM
Latest news here:
https://www.news.com.au/finance/money/investing/africrypt-cajee-brother-denies-stealing-475b-in-bitcoin/news-story/ba8fe269dd7bd18cb5336b99d02424cd

The investors of Africrypt are saying that a total of $3.6 billion are missing. But the brothers are claiming that they were managing only around $200 million worth of funds (I need to find out who these "investors" are, who trusted a 21-year old and a 17-year old with so much money). The promoters claim that among their customers there are some very powerful people - politicians, businessmen and celebrities. Some of these customers have apparently made the death threat, according to the Cajee brothers. The brothers claim that they are "planning" to return to South Africa.
Unfortunately people didn't check who the owners are, it has been said before that people do not look at the owners of the exchanges they use, it is a shame but it is also the reality. I do wonder how this will unfold, 200 million dollars is not a small amount of money, hell even 5 million dollars is not a small amount of money but 3.5 billion dollars is a staggering amount of money and I do wonder what is going to happen.

If they were 100% innocent and had absolutely nothing wrong then why did they ran away to UK? That is the correct question to ask, if they had so much money just stolen and everything else is fine and they can come back and make the business continue without a problem then they should have done that to begin with. The only reason they went to UK is basically to hide their money there and that's it, now they can come back and claim that they are hacked just like everyone else and they are victims as well.
2429  Economy / Economics / Re: George Soros and Bezos have paid almost zero taxes on: July 02, 2021, 07:40:04 PM
The so called "tax raises" for the wealthy doesn't affect these billionaires and it will impact only those in the upper middle class bracket. That is the reason why Republicans oppose these sort of crazy tax increases by the Democrats. If the billionaires need to be taxed properly, then the loopholes need to be eliminated. And the Democrats are in favor of more exemptions, so that billionaires such as Gates and Bezos can evade (avoid) taxes. Under the new tax plan from Biden, people like Bill Gates and Bezos will continue to pay almost nothing in taxes. On the other hand, the tax burden will double or triple, for those in the upper middle class bracket.
It does not impact those who are in upper middle class, it only impacts the very wealthy, and if you really think that republicans are against it all because it doesn't impact the billionaires then you haven't paid attention to who donates to republicans and how republicans vote. Just to give a very very simple example, when trump gave people 1200 dollars to help with stimulus package all the democrats voted for it and people got it right away, when Biden did it all the republicans said it is bad for the economy.

If the republicans care about poverty so much, the minimum wage offer was 15 bucks, which is not even enough yet it was still declined by republicans. Same republicans went ahead with 2+ trillion dollar tax break to very wealthy companies that declined 15 bucks minimum wage. This WILL impact the billionaires believe it or not, republicans saying it won't is a big lie, let's do it and you will see how much it will impact, but nooo republicans can't do anything that will upset their donations.
2430  Alternate cryptocurrencies / Altcoin Discussion / Re: What if Elon musk launches his own coin? on: July 02, 2021, 06:48:49 PM
Why would they buy something created by Elon Musk? What would this coin provide that other coins no longer provide? It is impossible that it guarantees valuations without price fluctuations and at the same usefulness to people worldwide. The fact that he is a DOGE advocate against the BTC, would create an inappropriate atmosphere with the BTC community that is not small. It really wouldn't make sense for him to create his own coin and he probably already thought about it, how would he handle his deals in real life afterwards? If he guarantees that the coin could be used in his deals, there might be a buyer, but even so, it's very risky.
Are you serious? I mean this guy tweets about something and it changes the price all by himself. He may or may not have the same power anymore because his influence over crypto world is getting lower and lower but that doesn't change the fact that he can still tweet about it as the most influential and wealthy person in the crypto world. He talked about doge and look what he turned it into.

Doge was about $0.005 when he first started talking about it, it broke over 0.70 at the peak eventually, someone who can make a coin that high could definitely create his coin and people will buy it for sure. Hell he joked about "marscoin" once and apparently there was one and that coin skyrocket like hell, a coin that had 100-200 dollars volume daily had 200k+ dollars volume in a day just because he tweeted about a potential of a mars coin in the future not even THAT coin.
2431  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you guys think about NFTs? on: July 02, 2021, 06:31:09 PM
NFTS in my opinion is a profitable business model for developers but for traders it will not be able to provide much profit because not all platforms can accept payments using NFTS, NFTS is more used for collection so it doesn't have a high demand so I think be careful when you want put your money in such a platform model.
Some NFT project have a strong demand in the market and right now NFT games are doing great in the market and you can actually trade them because it's value is also volatile and moving as well. For me NFTs are on a better position now especially the games not because I do play on some NFT platform but simply because their technology introduces new things here, and that's where the hype is right now.
That "game" thing really turned NFT into something much bigger. Back in the day it was just some pictures being sold and even then it worth a lot of money and nobody really made any sense in that. There was one NFT that went for nearly 70 million dollars if I am not wrong. I can guarantee you that if that guy wanted to sell it right now, he can't get half of that amount these days, don't care whose paintings it was and why it was that much but I know it won't worth that much these days.

However games made sense, because in the gaming world you could make NFT and then you could turn around and do something much bigger with it, play with it, win with it, earn with it basically you can use your NFT for something in return of buying it. This way on contrary to what it was just few months ago when you just bought pictures, nowadays you buy some utility with it.
2432  Economy / Speculation / Re: Germany is about to allow legally the funds to invest in crypto, from July 1st on: July 02, 2021, 02:54:08 PM
They have been pro-bitcoin since 2017, you can see the number of cities that accepts crypto or at least have a bitcoin ATM:

https://www.statista.com/statistics/1224741/firms-with-crypto-payment-solution-germany-city/

Yeah, it didn't put a dent on the price though, on the contrary the price dip in the last 48 hours. For sure maybe not everyone hear this news. So it might take time to digest this news and let investors read between the line. The price is still cheap, maybe it's a good time to buy bitcoin right now and hold and wait for other good news to come before the end of the year.
It is not easy to be a fully supportive of crypto when you have a currency that is getting less and less valuable and a nation that has worse and worse economy. However Germany has none of those, they have a currency that is doing better, and they have a nation with probably the best finances in all of the world, they gave zero deficits ffs (before pandemic) that is enough.

So long story short Germany is not afraid of bitcoin because they know that it wasn't created to hurt nations and governments like theirs, it was created against nations like USA where rich get richer thanks to politicians and poor get poorer because of the same government, with crypto there is a good amount of freedom given to the citizens to fight against the wall streets of the world so that equality could be reached a bit more easily. Germany is already good in that regard, they do not need to fear crypto at all.
2433  Economy / Speculation / Re: The Next 10 years of Bitcoin? on: July 02, 2021, 12:24:47 PM
What can we expect from the NEXT 10 years of Bitcoin? speculation in price? Will Bitcoin survive ?
Bitcoin survived for more than 10 years as of now hence I will not suspect about the survival of next 10 years.
Next 10 years for bitcoins might be more interesting than what we had experienced in last 5 to 7 years. I remember there were topics on this forum like "what will you do if bitcoin got stuck at current levels forever" (when bitcoin was trading below $500 levels) but I guess we may not see such topic anymore. But, we will see topics like "will bitcoin test $500k/$800k this month?"

More countries will follow El Salvador in next few years and more number of celebrities might start talking about their success stories on how their enjoying big profits due to bitcoin.

In my speculation, I guess by 2030 bitcoin might have set ATH above $10M levels as I am expecting one million to be tested by the times of 2025 itself.
2434  Economy / Speculation / Re: How come BTC is still so cheap? on: July 02, 2021, 07:25:20 AM
This is the only thing I don't understand right now. It is extremely cheap. The potential is huge, El Salvador goes all in BTC and people still don't have the eyes to see it. More countries will soon join in, people will regret it later for not buying but it's their choice. It's still so cheap and this is not normal!
It is NORMAL for most of us to miss when available and then regretting later on. I am the one had missed bitcoins to grab for less than $30 (not $30k) by the early times of bitcoins; due to lack of awareness about the future of bitcoin, I remained as a fool and then regretting right now almost every day.

I have been watching many people were sharing stories like me and some people were praying for big collapse of bitcoin market so that they will enter at cheaper price levels yet in big volume. They are somehow right but definitely not up to their dreamy levels. Yeah, bitcoin is known for getting us second chances always still we can get only 70% or 80% cheaper and not 200% cheaper.
2435  Economy / Gambling / Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊 on: July 01, 2021, 08:59:00 PM
^^Did this million dollar thing actually made you guys profit or something? Cheesy I mean it is a million dollars, it is a ton of money, I do not remember any place to give away a million dollars before and now we are talking about the same thing once again which will make it two million dollars in few months. That is really an awesome thing and I really did not see it coming at all.

I do believe that it is definitely a great thing but I am worried that it is not going to help stake in the long run, I know a gambler worrying about the finances of a casino doesn't really make sense to many people because we should all be wanting to profit here by gambling and earning which means stake losing, that is the "goal" of gamblers, BUT at the same time I want to see stake be around forever and with millions of dollars given to gamblers could mean something bad for stake if they do not earn enough.
2436  Economy / Gambling discussion / Re: Big companies finally had enough of the excessive tax on: July 01, 2021, 08:15:55 PM
Unsustainable and unreasonable but according to them "ill timed", their whole sponsorships will be effected. This high taxation will also cause gamblers sore.

During pandemic the gambling is a huge income source for them and the government alike. Therefore I do believe that either they should have done it slowly or done it after the pandemic.

They are now asking the government to reconsider it.
It is a tale as old as history itself. If you have a nation that is very bad in financial situation then you have to do something as government to make it go better. These taxes are not there to help politicians, it is there to help the people back, if you keep paying taxes but nothing is improving then why are you paying a tax to begin with?

Most nations in the developed worlds gets taxes and makes their corporate buddies richer with it, in others taxes goes to pockets of the politicians, there is rarely ever a good nation where taxes actually work.

I know it is boring to say this but looking at north European nations you see that they are doing good, why? Because, they are inherently better than rest of the world? Of course not, they are boring same old nation equal to everyone else, only reason why they are doing good is high taxes exists but goes back to population and not in the pockets of someone else. Do that and big companies should be paying even MORE taxes, as long as those taxes actually do help people.
2437  Alternate cryptocurrencies / Altcoin Discussion / Re: What would the ideal cryptocurrency ecosystem be like? on: July 01, 2021, 07:11:36 PM
We know, that nowadays many blockchain platforms with their respective coins are competing to be number one in the cryptocurrency space.
There are people who agree with Ethereum and there are also those who agree with Binance as one of the best as a place to create smart contracts (for example).

Apart from these two platforms and parameters, do you all agree if someone leads an ecosystem related to the world of blockchain and cryptocurrencies?
I feel like we should not have just one thing that is full of everything perfect. I understand that ETH has an ecosystem, I can see Binance having their own, even tron has their own system as well and they are all fine. We should not look to have just one single thing that is better than everything else in every category, that is not really a good thing because it is eliminating competition.

We should have ecosystems where X is good and ecosystems where Y is good and that way we would have best in different places, and they will fight for your business and they will try to get investors by improving constantly, it is a non-stop thing, you improve one part and then you improve the next without stop. However the most important part of any ecosystem is to have many projects, if there is no interest towards it, it will become like tron where the ecosystem is not used at all, but if there is interest then it becomes like eth and bnb.
2438  Alternate cryptocurrencies / Altcoin Discussion / Re: What happen if US ban cryptocurrencies? on: July 01, 2021, 06:39:46 PM
Do you guys think one day USA may ban cryptocurrencies? If yes what would happen? I think it's not totally impossible and that would be a global crash on prices.
Why would they? I mean I understand this is just a hypothetical question so there is no wrong answer, you could say it will ruin bitcoin or you could say it will increase bitcoin, well in fact it will just simply ruin bitcoin because every ban hurts bitcoin, look at what happened after china. However the question in itself is wrong, why would they ban it?

Right now, USA is making a killing on crypto profit taxes and they are allowing people to accept crypto as payment and that allows people to make profit from people who live in other nations, so crypto is getting bigger and bigger meaning giving USA more and more power. They even made Coinbase a legal company years years ago but also got its IPO recently which means regular people could actually own a piece of coinbase if they want to, would USA government allow something like that if they were thinking about banning crypto? No way they would ever do that.
2439  Economy / Economics / Re: When everybody tell you take take risk with money on: July 01, 2021, 05:58:03 PM
confidence is necessary but also do not be too confident without considering the advice of others, but also the decision must be out of our own hands. Many people do not have self-confidence, and are only result-oriented, without knowing the process that people are running. On the other hand, many people feel great and are overconfident, so they don't see news or other people's opinions. and finally lose money and regret
That is the hard part to balance that very well. There is this fine line between those two and when you have that you become a great trader but if you fail that then you become a very bad trader. If you are too confident and arrogant then you are going to end up losing money by making bad decisions trusting yourself way too much with every move you make, that is a bad thing and you should not have that much confidence in yourself and should question every move.

However if you do not have any confidence at all then you will fail to make moves, you will think about making moves but since you have no confidence in yourself either you will make zero trades out of fear, or you will follow others because you do not trust yourself. This is why you should not trust yourself completely but not fear what you may do neither, you should find that balance between them.
2440  Economy / Economics / Re: African regulators warn cryptocurrencies may not be legitimate on: July 01, 2021, 05:08:20 PM
Its not really the worst thing as there are so many worst thing than that but I can't blame the government to warn about cryptocurrencies  since there are so many MLM scams happen in their country and those scammers target the poor guys who want to earn money and just using the word cryptocurrency  just to make people believe that they  are in cool business. Maybe this is just a warning and they will not totally ban crypto since in  other hand for sure they can see the opportunity can possibly give to their citizens.
If you have people in your nation that understands crypto very well then the government should be taking some of them as advisors so that they could help their governments understand what crypto is all about.

If the government thinks that it is some sort of MLM type of deal then they do not know what crypto is and they are making a decision based on something they are not even sure about. That is the reason why nations like Nigeria cannot take the 100% benefit of crypto when they would be the ones that could make the most profit out of it as well.

Think about it, if someone explained to Nigerian government that people could use crypto to earn money from other nations, work for crypto cheaper than other nations, earn a ton of money, help the poverty ridden nation to grow bigger, and all those people paying taxes to help the nation as well, this is beneficial for the whole freaking nation. But government do not see that unfortunately.
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