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2541  Economy / Economics / Re: Biggest winner during COVID? on: July 15, 2020, 05:06:51 PM
It is clear that the medical industry are profiting most during this time of crisis, their line of industry is booming now. Later in the next few months or maybe a year there could be a company that will monopolize the vaccine once it is invented.

While some companies shutdown a lot also will emerge that took advantage of the situation.
The best part for doctors is no one bargains them while in all the other sectors there is bargaining involved at some point for sure. The way the medical sector has bloomed is actually unbelievable and actually they are getting stronger in terms of new researches as so many researches are being done now days that they find new facts and medicines every day.

But speaking frankly the medicine industry needed to be grown and the more they grown the more safe we feel so I see no problem if they are taking benefit from the pandemic situation but they must also understand that they charge only what's reasonable from their patients because I was reading some news that hospitals are charging pretty hefty for medication of corona and almost anything right now because the demand is high and the supply of hospitals is low.
2542  Bitcoin / Bitcoin Discussion / Re: Crypto Now Legal In India? on: July 15, 2020, 10:08:17 AM
I'm so confused about India's idea about how they deal with the cryptocurrency, if they will legalize it or not.

I don't think they ever would because there are already a massive number of tax evaders and if you allow crypto payments to be legal then there will be a terrible situation as no one would keep their money in bank rather just keep in bitcoins and evade taxes.

Just like other countries, their decision towards cryptocurrency should be finalize so that it don't make any confusion or dismay to the people who are hoping for it to become legalized. Maybe their country is not that prepared regarding the proper regulation of cryptocurrencies into their economy. Probably, they lack of knowledge and experience in allowing it to regulate in the market that's why their decision is not that secured.

The reason why there has been so much confusion and ambiguity around bitcoins in India is because the lack of knowledge by the government whether it is in their interest and how it works and the possible problems if they are legalized. The government never had the proper committee who would review and take a solid decision.

Quote
They lack of affirmation whether they will allow people to use cryptocurrency or not.
From what I have understood so far they have allowed transactions to be made in crypto but they do not consider bitcoins as a legal tender.

2543  Economy / Economics / Re: Is the US economy suddenly recovering? on: July 15, 2020, 06:12:44 AM
I think so because i believe US economy is not easy to collapse even the caused of this pandemic. US is a rich country with smart leader knows how their country fight against any situation and problem. Maybe China think that this pandemic will cause a lot of damage to US and will become the way for the economy to collapse but they are wrong.
I agree with your entire statement apart from the part that they have a "smart" leader because a smart leader would not have done what Trump did recently and calling out China in their face is a bold but poor decision as he was also trolled for calling corona-virus as Chinese-virus.

I certainly do agree that US being the most advanced and technology based nation they have the most advance technologies and certainly have a better plan than most Asian countries.

I don't think the charts shown are too great but at least they are on the right path to recovery and however small a recovery is, it still matters a lot because there is at least no going down from here.
2544  Economy / Trading Discussion / Re: trade & investment is getting harder and harder. on: July 14, 2020, 10:11:57 PM
Trade and investment like what you do because if you continue to trade then at least you can realize where the mistakes are to be corrected and also, in trading you don't always have to chase for big profits because obviously it will be difficult to obtain and also, how long your investment has been carried out because for medium-term investments it is of course difficult for you to get good returns because even greater sacrifices must be made like long-term investments.
Also the problem with investment is that you block your money for long periods and even after that only bitcoins seems to hold it's value while most of the other altcoins are just going to become non existent in the coming time apart from a few valuable ones.

I think investing has always been the harder option because one can trade and generate better profits and regular profits while investment is not easy at least for someone like me who is low on capital and high on skills so I always think like I can make better profits by trading and while investment is good but you still need something that gives you daily profits to live your life, which for me I think is trading and a little bit of freelancing tasks here and there.
2545  Economy / Trading Discussion / Re: Do you use a trading Bot? on: July 14, 2020, 09:46:49 PM
If you want to operate a trading bot, first you have to have a deep idea about trading then there are many benefits to operating a trading bot, You should use trading bots only when you can form a clear idea about trading. Trading bots only work in your absence as in my opinion it is not right to rely entirely on trading bots to open or close trades. You can use it in a few cases if you want.
Yes, making use of trading bots after gaining sufficient knowledge on trading really makes sense but I guess for that you must know all the coding and strategy part of bot; I guess most bots are not open source based. Hence, you cannot assume how a bot will react for a market condition and it may vary from your technical analysis levels.

I tried few bots for my forex trading and then I stopped as they are not good to make consistent profits. In crypto trading I never tried bots as these days I rarely find time to checking market oscillation and from that deriving trading signals. I guess, probably I am in a situation to go for bots as your suggestion, it seems like that Cool.
2546  Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading? on: July 14, 2020, 08:02:22 PM
I think most of these mistakes can be avoided if you take your time to learn from other people’s experience. Come to think of it, no matter the experience you have in trading cryptocurrency, someone else must have had that same experience, so it’s really important that you take your time and learn from those people that have been here before you and with their experience you can learn and avoid those mistakes they have made.

You don’t have to wait until you make the same mistake before you take correction. If you fail to correct yourself from not repeating same mistakes again and again then you may not be a suitable person to continue in trading. This is something like a bitter fact but we need to realize this and must move on so that we could save our capital from future losses.
2547  Economy / Gambling / Re: Bitcasino.io 💜— Red Tiger tournament 🐯= Get your share of 200 mBTC on: July 14, 2020, 11:26:01 AM
LAngel's winnings weren't legitimate and there was no settlement made.

Cheers,
Karl
Bitcasino.io
I guess it is definitely not something that is easy to make when you are a huge casino business. There will always be people trying to steal from you because let's face it that is one of the best methods of hacking, a casino. They have a tons of hot wallet cash that could be stolen, there are many currencies, and they have so many things going on in them that one of them could have a bug.

So, a casino is a bliss for a hacker. Hell even idiots could try their luck to hope not get caught with double spending, you do not have to be wise to do double spending, it is quite easy and there are helpers online for that, and if you lose, you lose nothing and if you win you just hope they do not catch you doing it. So all in all I would say that bitcasino handled this amazingly, 100% perfectly, great job guys.
2548  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 14, 2020, 10:23:29 AM
In retrospect, I'm annoyed that I've no betted even more money...

Just like with this bet:

Or this one:

I wasn't doing all that well Cheesy. I said Lando once again because I believe that kid will do better eventually. Well he did finished 5th and not a bad position, obviously thanks to the damaged wing ahead of him. F1 coming back is a very cool thing to do, I mean I am glad that the betting for racing is a thing because I do love watching the races and it takes such a long time as well and all those small details here makes so much more difference as well.

Betting part of freebitcoin is probably the newest thing here yet somehow it managed to get as much attention as other stuff did as well. Glad that freebitcoin listens to feedback and actually implements stuff that would help them get more customers and more wagering, they only had regular dice afaik and with this it became so much larger.
2549  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 12, 2020, 05:51:03 PM
Watford beating Newcastle was a bit unexpected. Not saying they can't because we lose to everyone and go out beat Liverpool 3-0 but you would expect that to be a rare thing. Looking at Watford they are playing higher level teams a bit better, if they played like that against west-ham they would have guaranteed staying by now.

3 games left in total with 6 point difference, I could easily say that if Bournemouth loses to Leicester city, the league is over for the bottom teams, Watford stays, bournemouth+aston villa+Norwich all goes down and there is no more issues. However, if Bournemouth somehow manages to pull an upset as well, it is going to be quite difficult for rest of those 3 games, just one loss versus win left to close the difference and that could still happen.
2550  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 11, 2020, 07:48:41 PM
Efialtis kudos on a great win, wonder what was the odds with that 2-0 game in it and how much you would have won with that if there was one more goal there.

To be honest in most of fifa games the score is over 2.5 so it is wise to gamble like that, obviously (from that one game in there as well) not all of them ends that way but the ones I played usually ends with 5 or more goals (I suck at it) and even the games I watch usually ends with a lot of goals so it is actually a quite good idea for betting that I never really considered, and to be honest I didn't even know there was over/under for fifa games neither. I will make this a mental note and when I am going to play on the next time I am going to check for fifa games and if there is a good amount I will do over 2.5 as well.
2551  Alternate cryptocurrencies / Speculation (Altcoins) / Re: TikTok PUMPS Dogecoin Cryptocurrency | ÐOGE going to $1?!!! on: July 11, 2020, 03:13:08 PM
Lol quite a funny story. I have seen this story before now, of some Tiktok users that are trying to pump Dogecoin so that they can all get rich. I can’t remember the name of the guy that was said to have started this, but I know for sure that the main purpose of this is to pump the price of Dogecoin and after they have done that and the price has reached a high rate, they will all dump it. That’s the truth.

These guys are just trying to use people and make money. Once they have made the money, they will dump it and more people will continue to dump it and those that came in late will lose. Unless the price will continue growing.
2552  Economy / Gambling discussion / Re: 1.1 BTC in 35 Days on Sportsbet.io on: July 08, 2020, 09:50:06 PM
Even though you have already acknowledged your success, the big part of it's luck, but I am amazed by the profit you make.
Luck is certainly needed at any point in gambling but the point is that he reads the game pretty nicely and making so many bets and winning so much means he knows something better than most people and it is worth knowing his views.

As a fan of sports betting, I have never made as much profit as you, the possibility of the research you are doing helps you
in making decisions. Maybe it's also because your love for sports makes your intuition even sharper in sports betting.
Actually if you ask me, leave your emotions aside when you are making sports bet because once you make emotional bets like if your country's team is playing you would more likely bet on them so that is something sports betting guys need to understand that while you love certain players and teams but when taking a betting decision make sure it comes out from head not heart.
2553  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: July 08, 2020, 09:16:17 PM
400 million wagered
5% house edge = 20 million "revenue"
So we can only know their estimated/theoretical revenue for a 5% edge, not profits.

it's a shitty formula by the way.
I do not have anything to go against the numbers because they can do marketing as much as they want yet I wouldn't really feel comfortable with playing at a 5% house edge place. Now there is one other place that I play and has 5% house edge but what they give away is something more lucrative for me than what this place offers, they are not even remotely close to each other neither.

I would say this is actually one of the best number ratio I have seen with 2 dollars per bet average; that is a LOT compared to other places with few cents since people like playing with few satoshis only.
2554  Economy / Gambling / Re: ♨️🎲 WINDICE.io 🎲 Contests 🏆 TvT 🔰 Progressive Faucet💰 Jackpots 🎁❤ on: July 08, 2020, 08:43:00 PM
Congratulations for achieving another mile stone!

You just took 13-14 day for another 10 million bets, I think at this point we have to realize that windice is not and going better, and I am pretty sure they are not even making as much profit as they used to neither unless there are some huge whales gambling and losing as well. I would say when you are a casino that gets so much attention and liked by so many people, it is hard to actually not get them to play. I would say a bigger and better marketing effort would put them back in to "less than 10 days per 10 million bet" mark, there was periods where it was like 1.5 million bet per day, and it is not that old neither.

So, I would say, just get together as team (I would suggest zoom over real face to face during this pandemic) and talk about what you guys can do for a bigger marketing campaign.
2555  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 08, 2020, 03:42:41 PM
Aston Villa will be playing Manchester United and I believe United found a new youth well that helps them play much better after this break, I feel like they are definitely going to lose and Watford will have a big advantage. Of course there is 4 more games and easiest game for Watford is behind them, from now on everything will be worse.

However with 4 point difference (if Aston villa loses like I expect) that really means Villa would have to put up a great performance after this week and I do not see that happening anytime soon. So, with today's game and United beating Villa, we might see Watford basically staying in the league. I was quite scared because I wanted Watford to win against West Ham and right now that would have been guaranteeing spot for them if they did that.
2556  Economy / Economics / Re: Growing number of institutionnal investors on: July 08, 2020, 02:09:11 PM
I’m expecting better changes in the price of bitcoin. I just don’t know why the price has been finding it difficult to get pass the current rate at which it is now ($9,400). It’s been quite long that it’s been at this rate. I have been seeing the media saying that there institutional investors getting interested and investing in bitcoin. Seriously, there should be better changes in the price by now, it should start going up more than this level we have been at. Through out last month of June this was what I kept looking out for and still never happened and we are in a new month, hoping it’s going to be different.

Institutional investors are known for creating FOMO in crypto market if they are really growing in big number in crypto space then we can expect a strong bull rally incoming weeks. It is going to be midway of July but we are still unable to pass the biggest psychological resistance level of $10,000.
2557  Economy / Economics / Re: world war 3 is coming ...do to coronavirus / economy ... on: July 08, 2020, 12:40:22 PM
War is not something to be joked around with, it’s a very bad thing. If you ask those that have lived in a country where there is war, they will tell you that.

I think at the stage w are at now, countries should always try to avoid war at all cost and look for better ways to settle their issues instead of engaging each other in a war that will end up destroying the lives of innocent people, at the end it’s only the leaders and the rich that will survive it and the poor innocent people will pay the price. So, it’s not a good thing, covid19 is already a war and we should unite and fight against it, than fight ourselves.
2558  Alternate cryptocurrencies / Altcoin Discussion / Re: Back then and Now, lesson learnt on: July 08, 2020, 10:51:07 AM
That’s something I never stressed myself about. I know a lot of people that were wasting their time mining new coins because they thought that these coins will blow up in a short time and they will make profit from it. But it never happened, all those coins just became useless after everything hard work and dedication they have put into it. So, all those things are mostly waste of time, I just prefer to buy coins and hold instead of mining. There are some coins that will tell users to download mobile app and be mining. I don’t have the time for them.

I read mining could be possible when we try in industry level. This is not just true only for the case of BTC mining but everywhere due to big competitions, if we seek good profits then we must need to mine in big levels. With respect to my country and legal things, I guess I may not run any mining company by paying big electricity charges.
2559  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people still fall victim to obvious scam? on: July 07, 2020, 09:33:46 PM
I think all that news about how people "got very rich very quickly because bitcoin became 20k" back in the day made people think that bitcoin and crypto in general is something they can get super rich very quickly. Unfortunately this is not a get rich quick scheme Cheesy.

This is actually a currency and in general altcoins you invest into rarely can go up into high levels and make you a money, plus almost always it takes time. Sure there was a period where investors made a ton of money, but that isn't something viable today, that is something that happened back in the day and no longer available to us. That is why people still come in thinking they could get rich, but realize to late that they can't do that anymore and that is why they leave with scammers who promise them a lot of money.
2560  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: July 07, 2020, 08:48:49 PM
You say that the wagered amounts have actually been close to 9 BTC and given this the hype of contests is on the lookout but perhaps they're waiting to see how high it can actually go without having to pay any of it back Huh I'm not saying this is exactly what this sounds like, only postulating the different scenarios.
Basing of those numbers if they would just really have some competitions out here then those numbers wont really be just like that.Imagine that they have no currently any contest
or competition but still the leaderboard is showing off some good amount of wager for a week which does signify that this site is doing pretty well. for now they have just decide
not to make one and we dont know whats the reason why.
It doesn't have to be a competition that gives % of it back, they never really do that in any other casino neither, they usually just do fixed amounts and looking at how much there is in the current version where no money exchange hands, I would say it would still be profitable for them. I couldn't possibly know why they are not doing it, you have to ask the team to answer that and that means they might say the truth or they might lie, we couldn't know that neither.

So at the end of the day, I would say the best thing to do right now is actually wait for them to make it a reality or just hope for nothing at all.
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