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2561  Economy / Speculation / Re: Small dip in BTC price after Trump stimulus tweet on: October 14, 2020, 06:05:11 PM
Funny thing is, dude doesn't want the stimulus check until the election is over but he wants to elect the new SCOTUS so that the court would be packed. Dude probably doesn't even care about it, considering in either 1 month or in 4 years dude would be out and since he is a known huge narsisistic person he doesn't care about if scotus is filled with conservative judges or liberal judges, that is not something he cares about, he doesn't see the world republican vs democrat like many politicians do, he sees it me vs them and the moment his job is done dude would probably be fine with filled liberal scotus seats as long as he is not bothered.

And stimulus check? Not giving it to people right now is basically a way of saying "Biden won't, but I will if you elect me, otherwise you are screwed" and nothing else, dude is a major idiot, Biden would do it in a heartbeat with ton more money to people who need it.
2562  Economy / Speculation / Re: The Big Short movie, BTC edition? on: October 14, 2020, 05:29:39 PM
Why shouldn't bitcoin be strong after those news? I realize that you may think some of them are related to bitcoin itself so the price should be affected but I do not see it that way at all. Think about it there are three things that are "major" in the crypto news cycles and none of them directly impacts the price right away, maybe the idea got hurt (which it didn't) but the price itself had nothing at all.

Think about it this way, bitmex ceo got jailed, and that had nothing to do with people buying or selling bitcoin at all, it is owner of a company in crypto and that's it, derivatives banned (which is great) which still doesn't stop people from buying or selling, or Johm Mcafee got jailed, which is a great news and still no buying and selling affected, NONE of these affects the price directly.
2563  Economy / Speculation / Re: Bitcoin price fundamentals in ‘moon mode’ as BTC held on exchanges drops on: October 14, 2020, 04:26:05 PM
If there is less money in the exchanges that means there is less money being sold, simple as that. You could still buy bitcoin because there is money in there in fiat form and people still want to buy, but the more bitcoin is taken out of exchanges the more bitcoin scarcity happens which makes the demand high but the supply very low.

It is simple mathematics that when people take their money out of the exchange market they tend to make the bitcoin price go up. This is evident in the recent increases as well, as soon as people started to remove their bitcoins from the exchanges, the price of bitcoin started to go up because let's be honest there was correlation between those two things, the more people withdrew the more the price increased recently after this news.
2564  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 14, 2020, 03:50:43 PM
As far as I see, freebitco is going to establish as a casino and move from faucet industry into this last one, so... I don't know why you judge this situation only from one experience that includes Doge coin and I think freedoge.co.in is a different project and some people don't even know this website. As you see, almost every crypto casino offers altcoins. And personally I can say that there was high demand on it in one famous crypto casino. I think you should do more market research and then make a decision cause only judging from one experience isn't fair, especially if we consider the fact that freebitco had different concept and dogecoin wasn't added on main website, instead it was a dedicated one.
I think the reason why freedoge wasn't working because it was a whole separate website and not just addition to the current website. I know it may sounds like a boring and long experience to just try it and test it, but I feel like if freebitco.in wants to add more coins, first of all it would need to add that on that website and not create a new website for it.

If you want to add litecoin for example, do not make freeliteco.in , just make freebitco.in have litecoin in it. The downfall to this is the fact that you would spend months and months for this, would require countless lines of codes, amazing design changes and in the end maybe that won't work neither, maybe it would be a bad idea, maybe nobody would care about it, but at the end of the day if you could actually make it work, that would be better than another website.
2565  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Lamborghini Giveaway! 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: October 13, 2020, 08:22:01 PM
By the way guys NBA is finally finished and as expected Lakers win it and I will miss that awesome promo for a long time now.

NBA isn't done for too long, because of the pandemic the games ended very late anyway, it is almost half of October right now, in just less than 2 months (or maybe just 3 months) we will be back again. The talks were about a potential Christmas return, but Adam Silver mentioned an early January return could be in play as well, plus the off-season is still going on, like draft will happen and trades will happen and free agency will happen so all in all I would say NBA will be back before we realize it was gone.

I know it is rarely ever anywhere, but if stake wants to keep NBA gamblers at bay, they could add "who will be number one pick" type of bets, and maybe check who is free agent this year and see who the big names are and ask "where will X go this year" type of bets as well until new season starts.
2566  Economy / Economics / Re: Cryptocurrency Adoption: A Breakthrough? on: October 13, 2020, 06:45:57 PM
Unfortunately people will never accept something is wrong just because someone else said it was wrong, even if WHO comes out and says that cash doesn't transmit coronavirus, people will still ignore it. This provides us with two approach that you yourself can make a decision based on that.

One is the people who will blindly defend that crypto is better in these times because cash is infected (wrong) and that is why they think crypto will go up, and if you want to believe those people you could buy bitcoin a lot and hold it because the price should go up, second type is the same people who are doing the same thing but you could also consider that these people being wrong could also lead bitcoin going purely on misinformation, so you could actually decide if you want to bet on misinformation having any power or not.
2567  Economy / Trading Discussion / Re: Voted best trading platform on: October 13, 2020, 04:36:23 PM
Having multiple exchange accounts is not a bad idea but it is also not easy as well, if you are going to do that you might as well spare some more money and get one trading bot as well. Not all trading bots are there to make you trade and profit and earn you some money, they work on that as much as they can but there are also trading bots that you can use to make all moves all at once in multiple accounts in any exchange they have.

So, you say you want to buy bitcoin at $10k and put buy order there and in all exchanges you use, and that will end up with bot buying in all exchanges when it reaches $10k. It is obviously not something that we can do easily by hand so using a bot would help out a lot. While you are there get ledger nano or trezor type of safe wallets as well just in case.
2568  Economy / Trading Discussion / Re: My speculation regarding Bitcoin will hit... on: October 13, 2020, 03:51:50 PM
Well, there are lots of people who still uncomfortable investing to this currency due to lack of knowledge and understanding, every people who gained knowledge always go and take the blow in trying to take the advantages. Supplies and demands plus the whales artificial market manipulations, things that you have to acknowledge while you are around this market.
We can't really blame them, we are in it so we know how bitcoin is bought and sold, how we can turn fiat into crypto and vice versa, we are aware of all of these and have been for a long time. But there are tons of people out there who are still having hard time using a smart phone, let alone be capable of buying bitcoin and store it properly.

So, it makes sense that bitcoin would never be something that is a "standard" in the payment options, obviously we could get a lot more famous than what we are right now, nobody can deny the fact that bitcoin could increase to 10x or even 100x adoption in the world compared to today, but I assume until all the old people we have right now leaves us, we are not going to suddenly change but that could make it change a bit but that is decades from now.
2569  Economy / Gambling discussion / Re: 2020 NBA Season on: October 12, 2020, 06:51:51 PM
I made big money than I expected! I wagered on lakers last game as well and when I lost I decided to put almost all my money into lakers for this game, basically I wagered money I couldn't even afford to wager because if I lost it, that would be very dangerous for me since only money I would have left with would be barely enough for survival money until at the start of the year. But, I trusted lebron and AD to pull the plug this game, I knew they wouldn't allow a 7th game situation.

I am soooo glad, I had both outright Lakers and I also wagered a lot on the game, now I am much much better financial thanks to both. For some reason my outright still hasn't paid out, but the game itself has paid out and I can't believe I was right, I am going craaaaazyyy right now, it was such a scary thing to do but around 2nd quarter I knew I did the right thing and got so excited I couldn't wait for the game to end see that money in my account!
2570  Economy / Gambling / Re: 🚀 Sportsbet.io - Official betting partner of ARSENAL FC 🚀 on: October 12, 2020, 06:08:12 PM
Honestly I feel like Nadal on Roland Garros is probably the most dominating performance in any sports ever. I am not sure if there are any bigger domination in any other sports that is known as much as Roland Garros, sure there could be some local sports in some parts of the world where one guy dominates, but this is a global stage with people all around the world participating and also tens of millions of people watching and this dude is 100-2 on all of them.

It is nothing like I have seen before, dude barely ever loses a set let alone be able to lose a match. Nadal is just a whole another level of player, sure Djokovic is a great dude and being in the finals is obviously a big deal in any sports, Federer also has this amazing longevity that he plays awesome, but Nadal is something else man.
2571  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi Bubble Burst? on: October 12, 2020, 03:57:47 PM
It is not unforeseen at all it is actually quite right on the money as well, it is literally what happens right away. You think things like uniswap, chain, avax or whatever the hell new pop one is (is polkadot one?) all got so hyped because they are good? Look at IOTA and how it became so big that on the PEAK ATH periods of crypto in 2017 December when everything was so big that total market cap was 1 trillion dollars, that coin was in top 10 and was tens of billions of dollars. Look at it now, it is nothing.

As you might imagine, as soon as a new hype hits a big all time high level and reaches the peak point, it doesn't slowly go away, it can't go slowly away, there are billions of dollars involved so obviously people just get out as soon as they feel like they might lose, this is why it goes down very quickly when it's done.
2572  Alternate cryptocurrencies / Altcoin Discussion / Re: CFTC Charges BitMEX on: October 12, 2020, 02:56:41 PM
There are financial crimes and there are financial crimes, when you pay your due to USA government you are not going to get affected by it that much, it is going to be something like "hey don't forget our pay in this" and that's it, all those big bankers have lobby companies working for them to pay the bribes to politicians to make them legit, Bitmex probably doesn't have that, that is the difference. You may think that bankers do not go to jail but these are not bankers, these are people who went against bankers so it is highly possible that they could actually get crushed in the court room.

I say do not be worried about them, they deserved what they got, if they do something illegal they should be going to jail just like everyone else, just because some bankers don't doesn't mean these guys shouldn't neither, if anything those bankers should too.
2573  Economy / Speculation / Re: history loves repeating itself. the only question is when! on: October 12, 2020, 01:52:34 PM
Waiting for the bitcoin to move up and cross this 12000$ and if it can successfully do it and gets stable above it then we may see a good rise in the price. But the major thing is that will it move upwards form 12k levels or like last time will it drop back again as it did not get much support above that price range.
Unfortunately it could be anytime at any moment, last month you could have said it could be any moment now as well and technically speaking you wouldn't be wrong neither to say that at that moment because it "could" have been at any moment, but looking at today we are still saying it could be any moment now and it is still nowhere like that.

So in the end, I would say the best way to approach crypto would be to realize that you are not going to change anything yourself but the price can move anywhere very quickly when you look at it, technically speaking price could be $20k right now, just everyone all together declining to sell bitcoin under $20k ever again, and BAM you got yourself $20k+ price, technically it is possible but in practice that doesn't happen obviously. So, be ready for anything but realize you can't change it.
2574  Economy / Speculation / Re: BTC - What next? on: October 11, 2020, 07:15:42 PM
Excuse me mate but When did Bitcoin skyrocket again?yesterday?when the price break 11,000$ again?
Sorry if my sarcasm wasn't understood, I can understand how it could be misunderstood because I didn't use "skyrocketed" with "", obviously it didn't "skyrocketed" it just went up I was just mocking people who were trying to make it look like just because we went over $11k once again, they were all talking about how we are going to suddenly go to moon and be over $20k and so forth all those crazy people you have seen here a million times.

Basically what I was trying to say is that, we need to wait before we react, sure if it goes above $12k in a week and $13k after that very soon, I can agree that bitcoin big bull run might be coming, but until we see anything else, this small change doesn't really matter to me as much as people assume it should be impacting the market.
2575  Economy / Gambling / Re: bustabit – The original crash game on: October 11, 2020, 06:33:32 PM
No, what I saw here is a wager of 100 million bits and 1million bits is 1 bitcoin which mean he gamble with 100 bitcoins and won 125 bitcoins but i never anticipated a greedy gambler like this thats would play the crash game at a go with 1,137,460 million dollars and

Thats on a single bet but if you check his profile, you could see that he has wagered 2600 coins. On some other sites, Some people would actually want to gamble as high as possible but there is always some limitation such as max profit/max bet placed in their system therefore we dont see that often
That is the thing about betting huuuuge amounts, you could probably make it back a lot easier than other people to a point and it stops. For example, if you wager 100 btc and end up getting 2 btc, that is fine and totally doable, but you can't just lose that 100 btc and go back and gamble another 100 btc on 2x to get it back, and what if you lose that too? Now you are down 200 btc and you need to wager even more.

So, I would say that risking THAT much money doesn't make too much sense, gamble with money you can afford to lose makes sense when it is low, when you are super wealthy and you can afford to lose hundreds of bitcoins, you are trying to break the limit bustabit would allow you to gamble, hitting that max earn level would make it a lot worse for you and you should try to avoid it.
2576  Economy / Trading Discussion / Re: Trading in the pandemic on: October 11, 2020, 03:40:52 PM
If you are affected by the pandemic and your economy is not as well as it used to be, doing riskier investments like crypto doesn't make any sense, you should be able to make less changes and you should be able to keep the money you have in order to save your future, who would want to invest into something you could lose all your money to when you could potentially invest into something that is more liquid and could be smaller changes.

Let's assume there is a person who lost his job during pandemic, he has no more income but he has 100k, instead of investing all that to bitcoin, invest it into some saving accounts with decent return and it will not make you rich and you will spend that money eventually because you have no income but at least you will guarantee that money stays that way.
2577  Economy / Trading Discussion / Re: DEX : How to survive token price on launching on: October 11, 2020, 03:10:40 PM
Most of these places take your money at a certain value, I am not saying they should keep it at that value but if something goes %90+ down that means the team just took your money and left without doing anything else.

Normally if you gathered so much funds you should be able to actually end up with keeping the price above certain level, why would anyone end up with that much drop when they could use the funds they gathered from you to get the tokens they sold back? They could sell their token at 1 dollar each and when it drops to 0.5 cents they could buy it back and that way they would both have funds and also their tokens back. When people realize it is not going any further down they will keep buying higher and higher because they will not be able to sell any lower.
2578  Economy / Trading Discussion / Re: CryptoStar - Mining-Company (undervalued) on: October 10, 2020, 07:00:33 PM
The problem with this is the fact that we moved away from the stock market world to make a change in our lives and started to trade bitcoin instead, so why should we reverse that action and buy a stock just because it is a crypto mining company? I can invest that money to mine myself as well we are all aware of that right? Instead of buying their stocks and hope that it makes me some return, I could simply buy a rig and start mining and not only make a profit on that I might end up selling the rig to a higher price as well later since they are so out of stock constantly.

So, I feel like the best way to go about this would be not really investing into a company owned by others and help them gather more resources to buy more and instead just buy it ourselves, easier and also more trustworthy since you should be trusting yourself more than you trust someone else.
2579  Economy / Speculation / Re: BTC - What next? on: October 10, 2020, 06:03:52 PM
Once again bitcoin price skyrockets and at the end of the day this didn't changed much in the market, people assumed that if one small thing happens there will be a big major move depending on it. Like let's say bitcoin moves from 10.5k to over 10.8k and suddenly we are closer to 20k because of it somehow, but that is not how this works at all.

However I understand the logic, people think that if you see a big trend that trend should be doing awesome tricks and moves yet in reality that is not the fact. Let's see what happens next, I say that bitcoin will not make any big moves after this as well, just because it is at 11.3k doesn't mean that it should be going above 12k, I just assume it will be around 11k and 12k and it will not move any below or above those ranges for a while.
2580  Economy / Speculation / Re: history loves repeating itself. the only question is when! on: October 10, 2020, 04:57:13 PM
The difference between breaking over 200 dollars or so levels and the difference between breaking over $11k is the fact that we have reached over $20k instead of never reaching above $11k.

We had trouble going over 200 before and I remember those days myself since I was here, going above 200 was something very difficult but at the end it was something hard but managed to do it in the end and finally became higher, that is not what is going on with $11k, we have went over $11k multiple times, hell we were over it just few months ago at most (probably not even 2 months) so at the end of the day there is a big difference. So, we in the end have a different things and even though the idea is the same the results won't be the same, we went over $11k and that is about it we won't suddenly go super higher neither.
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