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2581  Economy / Exchanges / Re: Manipulation in Binance Futures Trading on: July 27, 2021, 01:04:49 PM
this is must be like a glitch from binance . these kinds are used to liquidate traders, have seen scenarios like this from bitmex where traders were also liquidated with this kind of wickshunting. this might seem like a copy strategy from bitmex, who knows.
It's brutal manipulation but I have one more explanation for this. Look, I am not an expert at trading so please correct me if I am wrong.

This is what might have happened.

Just a small trade was somehow executed at 48k which set the highest marker @48k but because it was just a single trade and the market didn't stay there for much longer, orders were not filled. I believe there are many orders and maybe some were triggered some not.

But again, this is just my theory and the trade should have triggered normally.
2582  Bitcoin / Bitcoin Discussion / Re: I'm now all in BTC. All eggs in one basket! on: July 27, 2021, 10:18:52 AM
I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.

I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.

I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.
It’s not really bad, I have also been doing it for sometime, though it is not something I do all the time. Sometimes I might decide to buy other coins like Ethereum and any other good altcoins I may find. But, majority of my investment would usually go into Bitcoin before going into any other altcoins in the market.

So, it is up to you to decide that for yourself. Investing in lots of different cryptocurrencies might be good since it’s good to diversify your asset, even at that you still have to know that bitcoin is at the top and most of the time it’s always going to top many other cryptocurrencies you will find in the market.
2583  Economy / Gambling / Re: Primedice.com | 8 Years of Dicing | 90 Billion Bets | 113 BTC Jackpot! on: July 27, 2021, 06:31:56 AM
@Stunna, Why Primedice is neglected by it's owner? You guys only focusing on Stake. We haven't seen any special events at PD except the birthday celebration since last two years. Moreover, PD shows wrong information about daily race. Everyday the race gets delayed by 2-4 hours. So, it's not a 24 hours race as it says. This issue continuously happening since last few months but no solution yet. It rarely starts at correct time.

Live support can't provide much information about the delays. They always says ‘it will start soon’. How hard it is to fix the issue?
I love PD as much as the owners probably but I have to agree with you, the focus has shifted from PD to stake and quite visibly. That said, I still get monthly bonuses and all the perks as we used to get earlier and we need to understand that stake is the future for them moving forward because there are 1000x more games on stake than PD which only has dice and is dedicated to it.

I don't mind the shift in focus too much but it must be bad for players who wagered high on PD because now they cannot suddenly join stake and become the same VIP level there. I hope there was a way to move your vip level from PD to stake since both sites have the same owner/team.
2584  Economy / Economics / Re: New Jersey Pension Invested $7M in Bitcoin Mining on: July 27, 2021, 02:21:14 AM
This seems to be the first time this cryptocurrency allocation has been made by the organization in New Jersey. Other government pension funds, especially in California, have been considering investing in shares of bitcoin mining companies in recent months.
That’s quite some risk that they are taking there, although I think the risk they have taken here is a less risk since they didn’t go straight to invest in Bitcoin, rather they invested in a bitcoin mining company, so there is more chances that they will make profit from their investment that they have made. Bitcoin mining is not really like when you’re investing directly into bitcoin, it’s completely when there is a huge money involved in it, there are more chances of making profit from mining of bitcoin.

So, I wouldn’t really say that they are taking much of risk. And I believe that a company that is as huge as that wouldn’t take a non-calculated risk, they will always make sure that they are moving rightfully.
2585  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Cryptocurrency has best future? on: July 25, 2021, 06:51:17 PM
Digital money is more independent and does not depend on standard regulations, nowadays many people are starting to like digital money to invest, the more advanced technology is, the more digital money is used.

Not to mention that currently digital money already has a large selection of 5,000 cryptocurrencies to invest in, meaning that more choices are given to people who want to invest in the crypto world.

Regarding investment strategy is another thing that needs to be learned, investing properly is not an investment that does not have knowledge about investment, but if the choices given are many, the opportunity to learn good investment is actually wide open.

There is no job without risk, the higher the level of risk the higher the rate of profit, so the law of economics?

But it would be nice when we intend to invest, we need to prepare several things, strategies, analyzes and minimize the level of loss as small as possible, this needs a mature concept and really observant in deciding every decision taken. Otherwise our investment is not capable of delivering or yielding anything in the future, it is just a waste of time.
I do not think that 5000 selections would be a good idea to have while investing into bitcoin. If you are investing into anything outside of the top 500, you are investing into something small, and outside of first top 2000 that means you are investing into something so small that even you yourself with just tiny investment could own a big portion of the whole thing.

I once calculated a coin that was outside of top 3000, it was something 3240 or something and I could have bought 51% of all the coins for just 14k, so I would basically be the majority owner of the whole project by just spending 14k, I know 14k may sound too big for some people, certainly is big for me but I do not want to invest into something that could be bought by something so small, hell the volume of top 1000 coins are bigger than 14k let alone being able to buy the most of it.
2586  Economy / Trading Discussion / Re: Trading is not a Game . on: July 25, 2021, 05:44:10 PM
A lot of people have this wrong idea about cryptocurrency markets where they go in thinking that they will be able to make huge profits from it in a short amount of time, so they invest money and not time and they are blinded by their greed and they end up making mistakes and taking the wrong actions and as you said they start blaming others or the market or the method for their mistakes, where they should be investing in knowledge and educating themselves before going and losing their money.
Social media is responsible to a large extent for such mentality. No one can deny that cryptocurrencies trading has the highest potential among all the online investments but that doesn't mean it is easy at all. It only underlines the volatility associated with cryptocurrency trading and although high potential projects exist, there are others who aim to just brutally scam the investors. Since this is a decentralized market, you can't even file a complaint against a scam either.

It is not totally a game or just an easy money platform to earn money because you need a lot of knowledge when it comes to this you need time patience and lots of knowledge to those who expert in trading. Some newbie enter in trading by not knowing all the fundamentals and secrets of how or what is the best way to earn to this kind of investment and after they lost or their investment gone they will say its all fake but thats not the truth.
Yeah once someone ends up falling for a shit coin or a scam, they will just outright blame the cryptocurrencies instead of acknowledging that they made a mistake and every market has good and bad projects.
2587  Economy / Trading Discussion / Re: what is point of Tehnical analysis? on: July 25, 2021, 03:49:21 PM
I´m right on this point, no technical analysis is capable of predicting events that are fundamental, they are only invalidated when they occur, the idea of having a good Technical Analysis is that it approximates what is previously thought, that is, to make an analysis It is essential even in the short term so that you have time to react to any sudden change in the market or if it goes against the movement.

All good technical analysis should give us an idea of how the movement can come out if the ideal conditions for it are met, otherwise it can be invalidated, in fact I have been learning a lot from technical analysis reading many articles by alts, and there are some analysts who agree in their analysis, which can give a higher index of confidence.
Unfortunately, that is only correct when the ideal conditions are met and how many times we have seen not so ideal conditions in crypto world? When have you seen something go up nearly 16x in a year or so (which bitcoin did from 4k on march of 2020 to 64k in may of 2021) so it is just something that is totally underestimated value of how unexpected bitcoin can be.

I personally believe that doing very very short-term trading with TA, such as day trading and buy/sell within an hour of each other could work, if you buy and at most sell in less than an hour then you will be able to use that TA very well and the chance of you not facing anything unexpected grows rapidly. However, if we are talking about a bit longer, even if 24 hours the chance of facing something unexpected grows, in a week? It becomes more possible than not possible, in a month? It becomes inevitable.
2588  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Will Government's Stablecoin be listed on Exchanges? on: July 23, 2021, 06:32:19 PM
I wanted to ask if exchanges like Binance will include CBDC stalecoins in their market and what will happen to the prices?
Do you think the government will print more of these CBDC coins and buy all the BTC?
And will you as a trader use the CBDC coin?
Maybe they will, but it all depends on what this is CBDC is all about and how it’s going to work, that’s what will determine whether it will be tradable on exchanges when the time comes. I have not seen a CBDC and I don’t fully understand, all I just know is that they are stablecoins that are owned by the government, apart from that I don’t know how they function and all that. And moreover there hasn’t been much countries that owns CBDC, most of them that tried failed, only China seems to be successful, but let’s see how far they will go with that.
2589  Economy / Economics / Re: Covid lessons learned know when to finish on: July 22, 2021, 08:39:42 PM
Many people who sold their assets before covid was right about.

Good example are all kind of business with debt and own rent money to landlords.
Conclusion: dont Stay on something too long know When to finish and Move on!

Lesson learned dont stay too relaxed cash out and Move on!
Yeah sure, we should all know when to finish. But Covid bringing down the price doesn’t mean that you’re only sell your assets, the decrease in price of assets provides another opportunity. I sold a huge part of my assets when the Covid started and the market started falling. I sold some of my holdings and took a break, but later I started to view the market differently.

I started to see the crash that was caused by the Covid as an opportunity ; as we are being told, you should buy low and sell high. So I started to see it as an opportunity, since the market is down it would be a good time to buy and hold till the market is up. And that’s what I did. So when the market starts going down, it is not only a time to sell, it should as well be a time to prepare for another buy.
2590  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- now at: 21/22 Qualifying Prelims on: July 21, 2021, 10:20:35 PM
Seriously difficult to bet on these before the group stage games because most of the time the teams that match up are generally playing in a very favorite heavy games, like teams get between 1.15 to 1.4 games and others get like 6 to even 15 odds to win.

So playing on such games makes it difficult, if I risk it and play on the underdog there is a 99% chance that I will lose, and if I pick the favorites the winning amount is so small that it usually doesn't matter, I usually gamble like 10 bucks to these type of games and why would I care about a 2 dollar win? That just doesn't make sense to me, I am so used to making 1.6+ odds most of the time, even as high as 4 sometimes but usually stick with 1.6 to 2.2 games so this low odds doesn't sound exciting. I will probably keep on gambling at group stage and forget about all of these games.
2591  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people still use ETH? on: July 21, 2021, 07:47:00 PM
I am using Binance Smart Chain and Polygon and I am totally satisfied with them. I also refused Ethereum because of fees. Moreover, these alternative blockchains are developing rapidly. A lot of people, especially newbies, get tempted by cheap commissions and come. This way liquidity is growing. Moreover, a lot of new defi-projects appear there every day, so I see development.
It's all about user preference. There are people who still make transactions with Bitcoins despite knowing that if they take a few minutes and convert their bitcoins into other altcoins, they can save a lot of transaction fees but they just don't care and prefer Bitcoins over these altcoins anyway.

Ethereum was excellent when it first came but now because so many projects are built on the platform, it has become crowded and there are better blockchains in the crypto space now for developers to build their projects and the best ones will always deploy their own blockchain. I must mention here that Solana is another decent blockchain to keep an eye on.
2592  Alternate cryptocurrencies / Altcoin Discussion / Re: Why altcoins are rampant in the market on: July 21, 2021, 07:10:38 PM
Investors have a sound plan.
When they see bitcoin is going through a significant setback/change, then they take a real step by joining an altcoin. because the current ETH type of coin continues to struggle to outperform bitcoin.
The solid top market cap coins will always struggle to outperform each other and that's because they have a monumental market cap which makes it harder for the value to rise too much unless there are some new updates or developments happening in the project.

That is why a lot of traders and investors look towards new coins because there are lots of hidden gems and if you can find and invest in them early, you can make an unbelievable amount of money. The problem though, as we all know, is that a lot of scams and deceptive tokens do exist in the market in cohesion so it's near impossible to find the right ones.
2593  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: July 20, 2021, 06:14:58 PM
I understand why Hamilton got the penalty. Rule books can't cover every eventuality and circumstance; it's always a best-fit approach. But it was Max who was the reckless idiot who caused the crash. You should never try to force someone off the track like that, particularly at a high speed corner. Hopefully Max will learn a lesson and start driving more sensibly... but of course he never learns.
Yeah Hamilton got a 10 second penalty, which means even the FIA stewards already decided that Hamilton was wrong, so there is absolutely no reason why we are still talking about who is at fault here because it is already decided, Hamilton was wrong and he got 10 second penalty, it wasn't a HUGE mistake, it was a small enough that it was just 10 seconds.

So, what I really think is the simple fact that Hamilton did a small mistake but when you are racing 200+ km an hour wheel to wheel then even a small mistake ends up with 51g worth of crash could be result. This is simply just a very bad situation for anyone involved, but Hamilton got the way. I do agree that it was definitely disrespectful and distasteful for him to be so much cheering when there was a guy in hospital because of him...
2594  Economy / Economics / Re: Will Bitcoin be infinite? on: July 20, 2021, 11:52:40 AM
This is why I always argue in favor of limiting the number of threads the noobs can post in this forum. Look at the title and the post. It creates a lot of confusion and is very vague. I still don't understand what the OP mean by "infinite". Is it related to the supply, or with regards to the survival of Bitcoin? In both cases, he is wrong. Bitcoin supply is not infinite. Even someone with basic understanding of Bitcoin knows that. Do we need a separate thread to discuss it? And regarding the survival of Bitcoin, like any other technological innovation, at some point of time in the future, Bitcoin also will be replaced by a better technology.
There is "sort" of a message per second type of thing, they are not allowed to send messages as quickly as we are, but that is not the issue, they should be able to start messaging as soon as they get here, BUT they should be also moderated. Let's be honest there are very few place in all of online world where moderators go check each thing and then decide to ban some people.

Usually there is a "report" section where if a noob is being a noob then you report them, and that is when they get banned or get their message deleted, I got 21 messages like that got deleted, and that is how it's done. Are they fast? Our moderators are not "that" fast, but it is fast enough, you can be sure that whatever you report will be either deleted or let go inside of 24 hours and that is good enough, in twitter it took me 1 week to get something deleted (it was literal death, should have been gone in minutes). So, I believe there is a good method in place, people just don't use it.
2595  Economy / Economics / Re: What's going on in China lately on: July 20, 2021, 09:35:21 AM
Anyone shopping from China lately? I think CoV19 is slowly showing up in China again, I ordered for some GPU from China and I got message that I might not get my orders fully delivered to me because of ongoing covid shit in China again, here is a screenshot



Even there are news concerning this on Google too
Well, I have also seen a news like that that there is another outbreak in China. But I am not sure how true that is. It’s been quite a long time that I saw that, and here you are with the same news. Don’t you think that it is best that you totally avoid buying anything from there for now? In a country where there is such outbreak, you’re likely to find those viruses on containers that are being sent out to other countries. So you just have to be very careful, and even if you do buy anything from there , you have to be really careful with it.Know you can be safe by avoiding that area for now.
2596  Economy / Trading Discussion / Re: If you aren't reading you shouldn't be trading on: July 19, 2021, 06:56:18 PM
Giving 8 hours for self-realization is a very wise idea actually and something I might consider giving myself because, during all these rush times in life, I feel we have forgotten how to reflect on ourselves and we might know what's going around the globe but we don't know what we are going through.

In trading too just like you and OP said, mastering the art is only possible if you give time and learn about things instead of just focusing on making money. It's often said that once you follow your dreams without actually thinking of making money with them, the money will follow you. Consider Elon for example, the guy wasn't fazed by the fact that he is now the richest guy in the world because he never worked for money, it's just a bi-product of his actions chasing his dreams.
I used to go to a psychologist 10 years ago, it was for about 2 years. The best advice I got from her was to reflect on myself and how I feel at least once a week, just sit down, doesn't matter how long it takes but simply just talk to yourself, talk about how you are feeling talk about the first thing that comes to your mind, just imagine you are sitting in front of you and chat with yourself, you will realize how great it will feel eventually and ever since then I do that.

This is same level of advice, spend 8 hours every week to improve yourself, this could be about trading but if you do not want to do it for trading, then study history, or read a book, or do whatever that will improve you, it is really good advice. So far I have unintentionally done this since I can remember, not because I knew this advice but because I love to learn new things, so I spend sundays on learning new things, each week is a new topic and I really love it.
2597  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: July 19, 2021, 06:16:47 PM
Oliver Grioud already "worths" 4 million and he is 34 years old, you do not make a "loss" from a player who played for god knows how many games, he played maybe 100 games or so in chelsea? That is basically all you paid for, anything more than that is just greed because he is 34 years old, why would you want so much money for someone who is at that age?

It was obvious that even that 1 million was just a show and not really cared, a team such as Chelsea who are willing to pay 150 million for Haaland right now, usually do not cares about 1 million. That is why I honestly believe that there is a good chance we just saw a player getting fired and sent to another team. Milan will not be able to get too much of a benefit from him neither, dude hasn't been as good as he used to be for the whole season and I doubt that he will become a good one this season.
2598  Economy / Trading Discussion / Re: Litigation with Binance - jurisdiction, regulators on: July 19, 2021, 05:35:12 PM
If you are talking about binance exchange, then they have an office in a hung Kong and as a centralized cryptocurrency exchange under the legislation, it can be sued to court by anybody or users who use the exchange if thoroughly you have evidence to back your case.
I don’t think anyone really knows where their headquarters is, because I have seen people say that they are based in Malta as well, apart from those saying that they are in Hong Kong. And one thing I noticed is that Binance don’t give out information about that, it’s been a secret. Maybe if the op or whoever wants to sue them, they can start with any of those and start the case.

But I am yet to understand what the problem is with op and why he’s calling Binance a scam exchange, because that’s the exchange I have been using for years now without having any issues at all. Same thing with Coinbase, and I have seen people say that Coinbase is a scam exchange too. The last time Binance got hacked the users were not affected and the exchange took the loss. So it might be good if op takes time and explain what he’s going through and whether he has tried contacting support from Binance.
2599  Economy / Gambling discussion / Re: Taxes on gambling send the right message? on: July 19, 2021, 08:18:32 AM
It is a form of discouraging people from launching a gambling site and for people to stop gambling because of the high cost of setting up and playing in casinos is indeed a false morality you still cannot stop people from gambling, rich people will ignore the cost but those average joes who want to play will have to find ways to sustain their cost of playing in the casinos, they are not punishing the rich players but the average players, who will bear the high cost of playing.
You are right on the sense that taxes can be used in this way, low or no taxes to encourage something and high taxes to discourage certain behaviors, I have no doubt that many politicians see it this way which is why things like alcohol and gambling have such high taxes, but even then I have no doubts there are many politicians that do not really care and are using this as nothing more but a justification to keep raising taxes to those industries.
It's a double-edged sword and that too in 2 ways.

The government might have put more taxes in place to just juice out money but it might actually help some people as they won't gamble too much considering the high taxes in place.

The gambler might find illegal ways of gambling because people are smart enough to know that BTC exists and crypto casinos are literally one click away from them. If only they put sound taxes on gambling, people may not search and gamble on illegal platforms.
2600  Economy / Gambling discussion / Re: Million dollar win on $15 parlay whoa on: July 18, 2021, 08:08:11 PM
Hiding the identity of the winner is a must if you win such a huge amount like this. Its hard to expose his/her identity because we'll never know what can happen. Aside from robbery, people might invade the place where he/she live and will ask for a portion of his winnings as give away. Nevertheless that parlay win is really amazing with $15 as your total risk price, its hard to win but he made it possible, one lucky person indeed.
Asking money from the winner is something quite belligerent at crypto casinos. There are whales who most of the time won't even come in the chat because people behave weird watching big players and will tag the user every minute in the hope of rain/tips. Even players in the wager races prefer remaining anonymous because they will get lots of attention.

So, you are right, if someone wins a huge amount of money their identity must be kept confidential and safe. At times I even believe that if someone wins a big amount at a crypto casino and the people working in the casino get to know about it, they might start blackmailing him via different means since the staff has the player's KYC details. This is one reason I hate KYCs at crypto casinos.
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