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2481  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC on: August 30, 2021, 07:14:00 PM
I've checked your post history and this is the second complaint on 1XBIT the first one was the failure of 1XBIT to close your account, so you continue playing even if you knew that the site is not trustworthy, still rattle me why continue playing and depositing when you have a complaint already and you know the reputation of 1XBIT, is there no other gambling site that meets your preferences.

The allegation is incredulous this is something new and also like to see how 1XBIT can defend this kind of allegation.
How about instead of victim shaming the dude to keep on gambling here, why don't we face the real problem which is 1xbit is not helping him at all with his problem. That seems like the biggest problem here because 1xbit should not be trusted with gambling there as long as they keep doing this sort of thing. Look at their trust rating at this point, they are getting to a dangerous place of being obvious scam and getting banned from here all together, and here you are talking about the guy who got scammed like he did something wrong.

I hope that he gets his money back but I do not see it happening at all. At the end of the day 1xbit is a very risky place to gamble and whoever does it, knowingly or not, should not be victim shamed but helped. We need to create topics about all the problems and how they are not getting solved at all to warn every new gambler.
2482  Economy / Economics / Re: The Role of Government in Crypto on: August 29, 2021, 09:06:46 PM
the primary role of government is to provide a regulatory framework in an economy, Government sole responsibility is to provide a guideline on how thing are to be done within their jurisdictions.

this is not different with cryptocurrency although cryptocurrency is created with high anonymous the truth remains that cryptocurrency co-exist with other factors in the economy such as the bank and the traditional currencies, for crypto to become a full flesh currency it need to under go government regulation because that is the only way cryptocurrency will be considered a legal currency.
I would say that it is really not that easy to make sure that you end up with making as much profit as you hope in crypto by considering what the governments of the world will do. If you are a miner, you mine bitcoins and you keep doing that as long as you can, until the very last day that you are allowed (or profitable) because that is what you do, it is what you make money from and you should continue to do that for a long time.

If you believe that china will ban it (already did) then no Chinese miner would have made that money, they would all be going around thinking it will be somehow banned and then they would have not made that much profit until it was banned. Were there some that lost money because they just invested and it got banned right after? Sure there could have been, but there were also huge companies that made billions from this as well.
2483  Economy / Economics / Re: Cryptocurrency and entertainment. on: August 29, 2021, 08:05:58 PM
What do you think is the biggest news cryptocurrency needs that will increase its popularity?
I disagree with that. Yes you need the news to be relevant, but it’d good that you avoid bad news as much as possible. I know a lot of celebrities this day that bad news has ruined their career and they are now nowhere to be found, nobody talks about them any longer, not even the news, and it looks like they have fallen into a dark pit where they will never return.

Bitcoin is still “young” and the least thing we need now is the news saying bad about Bitcoin, it’s not good. The reason why you’re still seeing bitcoin is because there are lots of good news to cover up for every single bad news that drops. Whenever they say anything bad about Bitcoin, there will always be something good that will happen to prove them wrong. If it has been just bad news, then believe me, by now we might not be talking about Bitcoin any longer. So it’s good to always try and avoid bad news, even if you have seen people who were able to stay relevant with it, the case might not be the same for you.
2484  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 29, 2021, 07:24:11 PM
^^I do not get why KYC is supported by the people, I get casinos why the people? I mean what do you get in return from this? How does it help you out in the long term? Casinos do this because they are both required by law in most cases and that is understandable, but also they want to do it to prevent scammers and hackers to steal money from people, and even in a better situation if you do end up stealing money from other people somewhere else, like let's say in an exchange or defi or whatever then you can't just put your money on roobet and withdraw it because there is KYC and you will be asked to provide your information as a hacker and you can't. However these all benefit the casino, regular people like me who are not hackers or anything should not be forced to give our KYC, I can promise you that even on small amounts roobet asks for KYC, and that just doesn't make sense.
2485  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [TEZOS] Is Tezos a low cap gem? on: August 28, 2021, 06:25:23 PM
Tezos [TEZOS] was recommended by some experts and is now a partner of Red Bull and McLaren Mercedes Formel 1.
Experts say, Tezos can be huge.
Right now, it has a very low market cap.
What price do you beleive can [TEZOS] do? It is currently at 2,94 Dollar and a Market Cap rank of only place 40.
It has increased wonderfully and I do like it, however we should realize that it is so far away from the 8+ dollars it once was, and there is a long way to go there. I assume that it could break that in the very long term if we have another bull, it is like 2x to go and many altcoins can easily do that given enough hype, but an old coin getting a brand new hype is usually not a common thing, which is why I do not think that it could do that anytime soon.

Definitely maybe on the next bull run instead of this one it could reach those levels, even without hype having two bull runs increase your price will give you a huge return but that means it will take a few years for it to get there. I would say that the best case would be to look for other coins that could eventually give a return that makes sense in the short term instead of looking at coins like Tezos.
2486  Economy / Trading Discussion / Re: Future vs Spot Trading on: August 28, 2021, 01:19:19 PM
Some people do really think off that they can deal with Futures/Leverage trades easily? They do consider it out if they do fail in Spot? They'll surely realize later on when they do burned out
theirselves in Futures.

People wont believe until they would truly experience it by their own hands.So let them be if they wont really be listening out on peoples advice on here that Futures is more riskier than with Spot.

It would be more worth if they do master out first on doing spot trading before considering on going to futures which at least do really give out some chance for you to make some profits.
Even spot trading is not something you should do if you are not very smart about it, I personally try to stay away from it as much as I can, try to avoid it as long as I can because it makes no sense to trade without having the courage and the data to back you up, so if I know what I am doing on certain trades I do it, but I do not chase trades, I just put my data requirements there, and if anything hits then I trade and that's it.

When spot trading is this hard, and not everyone makes money, then what is the point of someone actually going for futures trading, there are already so little amount of people that make profit consistently on spot trading, and only a handful of ones in them make money consistently on futures trading. I am not saying making a profit, I am saying consistently making profit because everyone could make a profit once in a while.
2487  Economy / Trading Discussion / Re: What is stop loss and how it works on: August 28, 2021, 09:45:48 AM
A stop-loss order is an order placed with a broker to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed to limit an investor's loss on a security position. For example, setting a stop-loss order for 10% below the price at which you bought the stock will limit your loss to 10%.
I respect that you took the time to explain it but I don't know why people cannot google such simple things because creating a thread just to learn stop-loss is really tiring. If something unique is asked, I can understand that Google may not have enough information about that topic but stop-loss is a very basic aspect of trading.

I saw most of the trader that are using stop loss, and it is a good step, or even we can say as a good habit to use stop loss while trading, It helps traders a lot because it only only make your loss at a stage corresponding to zero but it also give you a step for further more trading, That you didn't thing that it can also happen.
It was hard to understand what you were trying to say but after reading the comment 3-4 times, I have an idea what you mean. Actually stop-loss saves you from potential zero but it always takes away chances of recovery. I am not against stop-loss but facts are facts.
2488  Economy / Gambling discussion / Re: Online sexy casinos on: August 27, 2021, 07:43:51 PM
Think about it this way, when you build a new casino what is the most important thing an owner needs to do? Get as many people to gamble in his casino as possible. What is a better marketing strategy than "come here, you get to gamble and see boobies as well!!" it is literally the most genius way of doing marketing ever. You don't even have to have a casino with live nude women neither, just do a regular casino with just videos, gifs, pictures of women and you will still get a great marketing out of it as well.

This is why I believe that people should not be really shocked to learn that people are willing to start nsfw casinos. Of course downside is that people play it hidden from everyone else, you do not end up gambling at a sexy casino on the bus, you can do slots with fruits easily without getting worried but not nude women, that would be illegal in most cases as well.
2489  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people buying NFT on: August 27, 2021, 05:49:38 PM
I just wonder why people buying NFT artworks like cryptopunks. I am not against NFT and I love it. I actually own some NFT games accounts like CB, Axie, Dpets because I am earning from it.. But for NFT artworks can you tell me what is the benefits. And why some of the people buying it?
I think people are buying such NFT artworks for the same purpose that they will buy it in real life. I also used to wonder why people would pay for actual artworks and with time I started to understand why. Some of them are being bought as a collection and people will use them to form a collection library, as time goes on these people may decide to sell these collections and make money from it as well, the worth will keep increasing.

So, NFT imitates the same thing, they are buying them as a collection and they might decide to sell them later, whatever their choice may be. And also I think that you can also profit from NFT artworks you buy when people download and share any artwork you own.
2490  Alternate cryptocurrencies / Speculation (Altcoins) / Re: About NFT on: August 26, 2021, 05:51:35 PM
I was checking all the "play to earn" games today, not actually playing them but actually checking what kind of games they are, and I have to say that I am impressed. These are the type of things that could sustain over long period of time if there are other people playing coming in constantly. Think about it, we are talking about people who are just playing a game and making money from it, and yes you have to spend a bit of money to start playing for almost all of them, but at the end of the day if you could make money then spending a bit at first doesn't seem too bad for many people.

I have checked axie as it was the most popular one, but I have checked others as well and they all look great, especially the ones based on enjin because they were 3d rpg games like lost relics and you could make some serious money with them. One guy made about $600 in 10 hours because he was a very high level guy and got lucky with some gold eggs. How could you not love that idea?
It is literally all about hype and demand, nothing more. The moment axie infinity people start caring about making more money there, the moment they realize they just want to cash out, the price of everything there will fall and it will not make people too much money.

Right now it costs so much to breed a new one, but same was true for cryptokitties back in the day, it was highly expensive to breed a new one and that is why all of them were expensive, sometime in the future, people start to not buy too many axies, the demand for it goes down, people do not want to pay 200-300 just for one of them, this causes all the axies on market not to be sold, and then people start to drop their prices to sell, and when that drops the cost drops with it because people will not buy SLP for a lot of money and then make a loss when they sell, all in all everything falls, and the market starts to suck. That is just one game, this will happen to the whole market one day, maybe tomorrow, maybe in 3 years, who knows?
2491  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: August 26, 2021, 08:19:43 AM
0-0 definitely possible in every week, and when you have 7 games, it's almost a guarantee. Take away own goals, which sometimes can win a match, and it becomes even more possible.

So we look to early and end season where energy levels are high (to score) or low (to make mistakes).
I believe it is definitely going to be a long season and there will definitely be a lot of 0-0 that's true, BUT the reason why I said this was the fact that someone won from the very first week, and that caused a lot of people to believe that it is quite simple. Not only the fact that 7/7 is hard, like even if there were goals in every match, you need to know 7 of the scorers in all those 7 matches and that is as incredibly difficult as it gets.

However, on top of that we are talking about all those games where there are zero zero results and own goals as well like you said, so that means that we have double the trouble, not only 7 scorers, but also the fact that some weeks are cancelled already is the biggest trouble. In any case, it is free entry, so even if it goes like that, who cares what is going on and just enjoy it, not like we will ever lose money here.
2492  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: August 25, 2021, 05:27:22 PM
PSG is paying so much for Messi and all other players, that could be one of the reasons. Mbappe is not getting that much in offers, if you offer Mbappe 50 million a year, or 70 million a year, I do not think that there is any chance that he would ever leave, but if you offer him 20-30 then he is going to refuse it because he could get that from anywhere else in the world.

This is why I believe that we should be looking into why PSG not offering that much money, did Mbappe refused a 70 million a year offer from PSG? No he didn't, which means that the ball is still on PSG court and I think they could convince him. PSG is not selling him, if you are not selling him for 150-160 then you are not going to sell him for anything, not like Real could offer 500 or something, the max they would do is 200 and these teams are wealthy as hell and they do not need extra 40-50 million, they could make that easily with sale of one more player they are not even playing.
2493  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: August 25, 2021, 04:43:42 PM
Personally, I have always enjoyed Raja's commentary and views on Cricket which is why I feel that PCB did the right thing appointing him as their chief. This could help the Pakistan team move in the right direction in my opinion.

Some stupid people are opposing his appointment due to his support for Indian Cricket. These people are clearly focusing on his political side and neglecting his experience in Cricket over the years.
I have mixed feelings about this. Look he has been a great commentator no doubt but he wasn't that great of a player and he had spats in past with Mohammas Yousuf which shows he can lose his mind too because if you see the entire drama around these two, it's clear that Ramiz was at fault.

I have always been an advocate of assigning good players as chairman and coaches because someone who has played the sport with passion will usually never put a foot wrong as a chairman.

I hope he does well and doesn't let his personal problems come in the way of the players.
2494  Economy / Speculation / Re: No BTC Holding is risky on: August 25, 2021, 07:19:37 AM
The main advantage of long-term investing in cryptocurrency investments is maximizing profits, and minimizing losses. So, HODL is a wise strategy to apply when investors feel FOMO, FUD, and various other potentially detrimental emotions.
The term "cryptocurrency investments" is tricky because while I agree that the price and worth of bitcoins will only increase in the future, I am not so sure about other cryptos including Ethereum because there are better alternatives coming out daily and there are those transaction fees and congestion problem on the Ethereum network. Every coin has some issues like XRP had problems with SEC and not sure if any progress was made to solve them.

I guess BTC holdings are going to get you positive results no matter what but the same can't be said for every other cryptocurrency. If anyone is looking to invest in the future value of crypto, please go for Bitcoin.
2495  Economy / Speculation / Re: People are panic buying right now! on: August 25, 2021, 06:28:56 AM
Where exactly do you see the high pace you are talking about? It just turned decently positive. That is what I would call it when you consider it from crypto's history and what pace we have seen before. There were days where the whole market jumped over 25% and that is what I call high pace. For individual coins it was much harder sometimes, they did several double ups in a day.
Yeah, but you must also factor in the fact that with the market cap getting bigger each day, it is not possible to see the same growth rate now as we are probably used to seeing from past years.

I give you a small example to explain.

If the market cap is $1000 for a coin, it only takes a $1000 "need" in the market to double the price. If the market cap is $10,000 the same need of $1000 will only help the price by 10%.

I hope this makes sense, I am not sure if the example is accurate but it should suffice to explain my point.
2496  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 24, 2021, 07:25:01 PM
I see these factors;

-seasonal change
-crypto hodling decisions
-sudden KYC change
-People had looked another better place to play

Hard to tell but business does really have these kind of days where they dont really get much off traffic or huge amount of bets.
So it isnt that surprising.
You can add another factor to the list.

- competitors doing better

I love roobet but there are so many casinos now days offering so many races and promotions that players are quite split among all the casinos and obviously everyone gets an email from all the casinos and the player opts to play under the most favorable conditions.

Identity verification has also contributed a lot but I don't think "crypto holding decisions" have anything to do with the decrease in wagers. Not sure why every gambling site is focussing so much on verification. Is that something with the license providers or what?
2497  Economy / Trading Discussion / Re: Mobile phone vs. laptop vs. tab...what's your preferred device for day trading? on: August 24, 2021, 06:29:21 PM
I've been doing this trade since 2015. however, I tend to use PC because it gives a wide view, and ease of features on pc than mobile or tab version. however, I sometimes use my smartphone to control whether the price movement is in line with what I speculated, or whether the price is falling. I sometimes use my smartphone when I am outside the house. well, but I'm more inclined to use a PC because it's more convenient for me.
I have almost a similar style in terms of trading. I use my desktop and software installed on it to trade all day but if I need to cash some profits or look out how some trades are going, I open the exchange application on my mobile and check it quickly. Sometimes I need to make payments and I directly send from the exchange, although it costs a few extra bucks.

I think mobile phone would be a best choice for all the users who are investing in day trading, but its up to you.
But, the problem I often feel trading on mobile is that the application often times gets frozen and I end up clicking the screen to no avail which later results in some unwanted clicks. For example, you click the screen 5 times but it performs the action after 20 seconds, it just messes up things for me.
2498  Economy / Trading Discussion / Re: At what Age will you introduce your child to trading on: August 24, 2021, 05:58:09 AM
if she really has the interest,  she better start learning first how to use wallets of cryptocurrencies like btc and eth connected to app. And how to keep it safer, not sure what age will she show interest. 16 probably.
Teaching your kids about trading also helps them understand the value of money. This is the reason you will see someone who comes from a poor background will always have the mindset of working hard while someone who was born with a silver spoon will never have the working mentality and will spend money recklessly.

As parent, we should have known how mature our children are so we can decide when is the right time to introduce/teach them more about trading.
I agree but there is no harm in suggesting to them some options you know from your own experience are good enough. You must help them explore the options and let them pick the ones they are interested in.
2499  Economy / Trading Discussion / Re: The reason why investors often lose money on: August 23, 2021, 06:00:05 PM
I would highlight one of them that the investors should prevent greed, whenever there is greed in trading there will be more chances of getting loss. So, the investors should take profit, whether it is small or big. But is should be profit which needs patience too. Then only they will be safe from getting into more loss.
no one guarantees safety in investing everything can happen but by not being greedy to take large profits or quickly being patient and some information that reduces the risk of experiencing losses, and from whatever it is patience is the most important thing in investing to take profits .
There is a common misconception that we must NOT be greedy. I don't really agree with this concept completely, especially in the crypto market. Look I am not saying we should lose all the money to our greed but there are coins that go 100x regularly and if you aren't greedy enough to reap the rewards, you will probably cash them at 2-5x at best.

It might be a good idea to sell some coins at 2x then some more at 5x and so on until you have reaped the maximum possible value. It may drop at a certain point after reaching 5-10x but at least you are still in profit and you gave yourself the best chance of making the highest profits too.
2500  Economy / Gambling / Re: 🔥Sportbook and Casino: BITSLER > $10,000 DAILY Wagering contest < on: August 23, 2021, 04:54:26 PM
I have noticed bitsler not working for sportsbook which I have checked from https://www.bitsler.com/en/sports/cricket/live it shows something wrong and then I have noticed there was no update of run/wicket or anything on the matches of cricket.
Edit:
Now it is working fine as I have checked and informed by mike.
You know almost all the crypto sportsbooks have the same odds provider. yes, I am not even kidding right now. Stake, Bitsler, Sportsbet(io) and others have the same odds provider which means if you had issues with betting on bitsler, you won't be most likely able to place the bets on another sportsbook either.

I am a huge e-sports fan and make a lot of bets. Recently I have noticed that none of the three sportsbooks I mentioned above including bitsler are not offering odds all LNG matches. For those who are unaware, LNG is a professional league of legends team that participates in LPL tournament held in China. I wandered across all the sites but none of the crypto sportsbook were offering odds for LNG matches. Not sure why.
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