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261  Economy / Economics / Re: JPM Coin, the JP Morgan coin on: February 17, 2019, 07:54:00 PM
They are not investing into "crypto CURRENCY" market, they are investing into blockchain market, don't mix the two. JPM Coin will not be something that is tradeable for any of us, it is kinda like ripple but on a bigger scale (or smaller depending on what you mean) which helps a huge company like JP Morgan to move their money around faster and quicker.

They are already moving money digitally, they are not like moving money with trucks and keep them in a big safe like in cartoons or in games, they just say place A has 100 and place B has 50 and when place A sends 25 they both have 75 with absolutely no actual money changing hands just moving place to place on computer screens that's all. They want to do this much better with blockchain technology but do not mistake they are sudden supportive of crypto currency as well.
262  Economy / Trading Discussion / Re: Are traders born or made? on: February 17, 2019, 07:24:15 PM
For me in this kind of market  traders is made which because of the power of crypto currency that can change ppl life.   Not born in my opinion 'cause since this crypto currency is not yet popular mostly are investor and advertising which trader doesn't exist on that time .
Even if you are not the chosen one, you can be a made trader by spending time in the field. In addition, you can become an expert in trading in just six months by giving time to the important aspects. So I think there is no difference between a trader born or made. What matters the most is the value that is generated as a result of the trading.

Practically, I believe these two types of traders are always existing in this space. Because, it will not be possible to have some extra perceptional knowledge for all the people but it is a knowledge by birth. This way, some people may born with extra sense on catching anything sharply and obviously anyone can turn into professional trader for sure by learning and practicing.
263  Economy / Trading Discussion / Re: Day Trading on: February 17, 2019, 05:55:48 PM
95% of all Day Traders fail because of lack of knowledge and timing. Day Trading is very difficult to apply in cryptocurrency trading. Why? Because cryptocurrency markets are unpredictable. It really needs more reviews and research before buying certain coin or token. I always advice new traders to spend their time to get to know the concept and the purpose of the projects or to DYOR (Do Your Own Research). Sometimes the reason why you buy certain coin or token because of hype or FOMO ( fear of missing out ) wherein you see your friends in social media enjoying what they hold. FOMO always happen anywhere in social media because it uses as a marketing strategy to manipulate the markets. Therefore, before diving into cryptotrading, always make sure to DYOR!
So, what is your question ? I mean what you have stated has been repeated in this board for more than hundred times and I am not seeing that you started this topic for finding yourself successful in trading like you may go for it or not. In short, your post is not qualifying as a OPEN-POST.

If you are here to enlighten this community then there are plenty of discussions on day trading :
(I just got them in first 5 pages of this board itself. Not using google. It means there are many active discussions on day trading)

Mistakes need to avoid in day trading
with market conditions like this, are there any tips for continuing day trading?
Please advise me which coins best for the day trading
The advantage of day trader
264  Economy / Trading Discussion / Re: TREND is our Friend on: February 17, 2019, 04:54:28 PM
Yeah, that is what I have been saying for months now. If you follow the price of bitcoin you will see that when it goes up it goes up to a certain point and when it goes down it goes down to a certain point. Think of it like in blocks and when it breaks one block it goes all the way to the next block. That is why when you have both sell orders and buy orders and stop loss all set for you, you will realize that you would be doing automatic trading based on the trends of bitcoin prices.

For example, if bitcoin price breaks above 3750 I know it will probably break closer to 4000 as well, that is why I would definitely buy. However, lets assume it breaks down the 3700 level it will probably go under 3500 as well, hence I would sell. That type of trend trading really helps me out a lot.
265  Economy / Gambling discussion / Re: Four reasons that cryptocurrencies will revolutionize the online casino industry on: February 17, 2019, 03:57:40 PM
Every reason is pretty valid but trust isn't guaranteed unless the site you are gambling on is proovably fair. On other sites you can easily get scammed, you can't get scammed with cash really. But it is faster and much more fluent than fiat, which is a huge plus and anonimity is very important. I like cryptocurrency gambling far more than fiat and I think most people who are involved in crypto agree.
Provably fair is to show their honesty. It is being used to attract more gamblers like if gamblers want to ensure that they are gambling in fair environment then they may go for the gambling houses which are offering provably fair feature. Hence, it has nothing to do with cryptocurrency. It means provably fair is STILL POSSIBLE even with FIAT BASED GAMBLING TOO.

I guess there would be few more reasons also must be existing like gambling industry is enjoying more than these four advantages after adopting cryptocurrencies. One of them must be large number of userbase. Yes, before cryptos, I never opted for gambling.
266  Economy / Gambling discussion / Re: Floyd Mayweather Vs Mystery Boxer on: February 17, 2019, 02:28:39 PM
I really do not see how this is any good for the sport or for the upcoming hopeful Pacman fight. If he is making this much from these small fights he may not even try to go for a fight with Pacman or at least will have such a huge upperhand that he will probably say he wants most of the cut from the Pacman fight which in return will make Pacman decline the fight.

I mean these fights last only couple minutes and we have seen from that kickboxer dude that Mayweather is just miles miles away from him and the talent level is just not even close. Dude straight up humiliated that fighter and if he keeps on doing that for whole year I doubt he will have any entertainment value left in him. He is probably milking his last dimes from the sport and I hope he fights with Pacman as well but after that he better have good investments because dude is getting super old super quickly and will eventually be too old to fight.
267  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: February 17, 2019, 12:49:39 PM
If we can make that type of requests or feedbacks on the website can I please point out that there is still no "buy all tickets you can afford" type deal ? I mean its not a major problem and definitely is not an urgent one for sure but it would be so awesome if we had that.

Just one button and when we click it we can buy all the tickets we can afford. Right now we calculate how much tickets we can buy and do the math with a calculator like "total coins divide by ticket price equals x, okay buy x amount" but that could cut short with just one button that allows us like to go all in or whatever its called in lottery lingo.

Definitely not a major request though, just something I have always spent time on and felt unnecessary and would be making it easier but could wait if its not important right now.
268  Economy / Gambling discussion / Re: Unforgettable Gambling Stories... on: February 16, 2019, 04:47:16 PM
I remember my first carnival too. It was crowded and loud. All people wanted to bet and all the money were mixed. All it takes is honesty. And theres this girl who always get the winning bet even though its not the place she bets. The older man get angry and said that she saw the girl stole twice. If the girl steel again for the third time, he will punch her face. Ha ! Ridiculous people. This is what fun means though.

Sometimes I think some of this gambling centers stage the wininngs, with fake gamblers like the attractive ladies...this is just my thinking, I have never witnessed or heard one before.    Who knows, maybe the winnings and screaming are just to attract more gamblers to the centers.
Yes, there can  be different tricks which the casino owners or managers may be playing to attract more and more gambler to their casinos, but it think that they cannot continue it for a long long time because after some time the gamblers will know about their tricks and then they may never like to visit such casinos and play gambling there. I think it is better to remain fair while running a casino and should facilitate the gambler so that they should come again and again there and enjoy gambling there.
269  Economy / Gambling discussion / Re: Gambling - Eating your Brain and Money on: February 16, 2019, 02:17:45 PM
Gambling could be really dangerous under the wrong hands. There are little kids losing tons of money everyday illegally gambling acting as if they are adults. There are adults who go into this so much that they take out bank loans to bet again and again with the hopes of finally hitting that big win and paying their debts back.

I really do not think gambling is for every person. There are people like me who do not exceed the amount they tailored for their fun, me personally I tried betting on 100 dollars on each deposit and it was too much, I tried 10 dollars and it wasn't enough, now I do about 25-50 depending on the game and it is seriously fun and I always stop whenever my money ends. That Is the hard part for many many people, stopping when you run out of money to gamble.
270  Economy / Gambling / Re: SwC Poker RELAUNCH ♣️ BITCOIN POKER 3.0 ♣️ BIG BTC🏆 ♣ Win✅ Mac✅ Android✅ HTML5✅ on: February 16, 2019, 01:36:46 PM
I think it means like a hand that's winning after 4 flops gets to lose after the 5th card. Like lets say one person has 2 AA's in his hand and on the floor there is another A so he is more likely to win but the fifth flop (river?) is a J and there was a J on the floor already and other person holds two J's in his hand already so most probably the A was getting the pot but on the fifth one J won the pot.

Unlikely scenarios always gets views and should be a number one priority on streaming as well. When someone has a less than 10% chance to win the pot but then suddenly that unlikely card comes on the flop and he wins could be a twitch bounty, I don't know how you would word that properly because I don't know the lingo that well but it could be really entertaining to watch.
271  Economy / Gambling / Re: BSpin.io | Bitcoin Casino | Instant deposits | Slots, Games and Lottery on: February 16, 2019, 09:56:47 AM
It is probably not because of ill manners or troubles but I think its because of bad English. I don't know where the developers are from but it seems like they know how to develop a casino very well, it looks well developed and features are great but when you look at the design and the English level used it looks like not so good.

So, I can't guarantee they are legit of course but it looks like many of the troubles might come from not understanding English very well. Otherwise I do not think any sane casino would not put a rule like "can't withdraw before playing" type deal since it would really hurt any casino no matter how well established it is and this is not even that established yet. That is why I think the main problem can't be just ill mannered TOS since it would kill the casino right away.
272  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | ETH & LTC Accepted! 👽 on: February 15, 2019, 11:02:13 AM
Yeah, who could even judge a team that managed to build one of the biggest (most probably) dice games out there and managed to make it into millions of dollars (probably hundreds of millions of dollars) in profit for them and also went on to build a casino that had decent amount of games (could be more) with ease and no issues at the same time.

This team behind primedice and stake is really the greatest gambling development team out there, they could build a brick and mortar regular Las Vegas casino and still find a way to get that bigger and bigger as well. I think the next stop could be just build a bustabit type game because gamblers in crypto like that and it doesn't look really hard to implement to stake.com if they could do that maybe they will also start talking about poker and sportsbook as well. If anyone can corner the gambling market in crypto world its this team.
273  Economy / Gambling / Re: Jackmate is back on FortuneJack! on: February 15, 2019, 10:04:55 AM
Awww I am too late to this. I don't think it would make any sense to start after all of this. I am not that good anyway but it could have been a nice try to at least see how I would fair of against other people. Three bitcoins is a lot of money to begin with and winning a prize pool at that size would be super awesome.

I would like to point out to fortunejack that when we try to go to your website in some countries its banned (gambling is illegal) and we need to use VPN but when we use VPN your link doesn't send it to the right place and it is just 404 on us. I was capable of going to winwinwin from the website itself which made it easier to navigate at least. You guys might want to take a look at that problem, people who use VPN and Adblock at the same time usually have small issues there.
274  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: February 10, 2019, 12:50:21 PM
This is exactly what I am hoping for. Since my affiliates get the freerolls and gamble and all that, I always get some tickets no matter what every week. Not that I hope to win this much money and get the first place but even the last place gets a good chunk considering its free money. Basically, freebitco.in is like a dream come true business for me but on a very very small scale Cheesy I have affiliates, they work for me instead and I get both free money, free rewards, free bonus, free interest rate and free lottery tickets. 414 looks like something I do every week as well so who knows maybe one day I will get there as well.
275  Economy / Gambling discussion / Re: What are the inconveniences you experience with crypto related gamble projects. on: February 10, 2019, 09:44:53 AM
I think that many companies have quite a big rollover requirement for bonuses. That makes it quite hard to make any money with the bonuses they pay out. Finding one that doesn't have the usual big rollover requirement has been hard for me.  
But, even with high wagering limits like 40x, some gamblers are able tomanage successfully toward cashing out. So, I am not thinking it will be possible for houses to reduce the rollover requirements. If they go for anything similar to that, that might be very much similar to suicidal. Instead of providing bonuses with easy wagering conditions, they may go for raining out cash prices directly Grin.

Gambling is still a business for houses hence we cannot ask any improvements which may impacting to their core business levels.
276  Economy / Gambling discussion / Re: Bitcoin Casino with Instant Deposit and Quick withdraw on: February 10, 2019, 04:10:47 AM
Nitrogen has the same thing as far as I know where you can just send money to them and they will send money back to you. You can appoint a withdrawal address as well if you want since you basically have an account there but they do not have to keep your coins and just whatever you sent them they will send you back the winnings (well more like keep them in my case since I lose all the time lol Cheesy ).

That system seems to be the most quick one in crypto casinos, even back in the day satoshidice was like that and was pretty quick (loved the quickness back in those days) but unfortunately that system is both more expensive because of the costs and also takes more effort to just rebet it each time. I would rather keep it in the casino than do a back and forth constantly.
277  Economy / Economics / Re: The cycle is unique but structured on: February 09, 2019, 07:58:18 PM
In contrast to other investment commodities whose price movements are mostly affected only by market activities, bitcoin has a unique but structured cycle, at the beginning of each year there is a very drastic price decline but recovering even skyrocketing at the end of the year, as illustrated in the following article.

https://u.today/bitcoin-price-prediction-for-2019-will-btc-price-get-back-to-20000
Have been around in the last 2 years? I mean price has increased at the end of a year and decreased at the other end of the year as well. It doesn't have to go up or down at any given day. Just looking at the past 2 years (not even that long) you can see that bitcoin went up at the end of one year but went down at the end of another year, went up on early one year and went down early on another year.

The prices of bitcoin NEVER does something over and over again like its a system or something we always do, if that was the case we would see people make a lot of profit every year just following the dates of when price goes up and when price goes down. This is really a not well researched article that talks about a potential of what it could be and not what it has been in the past decade.
278  Economy / Economics / Re: The Power of Crypto Compounding with Proof-of-Stake on: February 09, 2019, 07:21:49 PM
Hey guy's what do you think about this article: https://medium.com/@PosBakerz/the-power-of-crypto-compounding-with-proof-of-stake-ce82b04317ca



Don't you worry that PoS will overtake PoW?
I doubt PoS will overtake PoW as in making it vanish but if you mean taking control of a bigger marketshare it is still impossible because of bitcoin. Bitcoin will probably always stay as a PoW coin because it would require too many things to go perfectly for it to work and as we all know from what happened in segwit times it actually can go all bad instead of all perfect.

Hence, we can see a clear trend of all altcoins to switch to PoS soon but we won't see bitcoin going that way. Also lets not forget the fact that even tough PoW requires more work and energy and capital to be able to mine it is still by far the fastest and easiest transaction system, PoS is a slower and smaller version of it which means the huge coins we have can't afford to do it easily.
279  Economy / Gambling discussion / Re: A cryptocurrency entirely dedicated to GAMBLING? on: February 09, 2019, 06:33:43 PM
The possibility of making your opinion will not be very easy because this type of gambling will not be useful for the development of Crypto market so the single dedicated cryptocurrency for gambling not be a good idea for the development of gambling and also the Crypto field.
No, it may be useful for crypto field as it may bring some more gamblers to this space by proving them the convenient of adopting a cryptocurrency for the purpose of gambling. But, a dedicated cryoto must need to prove its existence in terms of what new innovation it has brought to this space like what new feature it will be having whereas other cryptos are lagging in same area. I guess any crypto may have any feature on its own or by having third party support/implementations.

I guess in near future we are going to have many gambling focused crypto coins regardless of they are having new features or not. Because, there are enough gamblers cum investors are here to support them Cool.
280  Economy / Gambling discussion / Re: Understand addiction! on: February 09, 2019, 05:49:54 AM
Addiction isn't something that can be pulled out easily, even how hard you do try if you are not sensible or serious on quitting then you would still end up on playing once again.
Quitting addiction may be possible once we realize how we got into addictions so that when we change up our life-style then there will be a possibilities to get rid off it. First we need to study what caused and what were the reasons to become addicted to gambling. Without analyzing ourselves, we may not able to conquer addictions as its a psychological player hence we need to fight against ourselves to pull it out.

if you have any intention to gamble again don't spend too much time that is the thing can save your from addicted to anything.
Yes, how frequent and how long sticking with things decide the chances for getting addicted. Not spending too much time also is alone not enough as going for gambling on daily basis but for short period of time also may cause addictions over the time. A better approach may differ person to person but having control to stop or even quit may help to prevent addictions better.
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