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2641  Alternate cryptocurrencies / Altcoin Discussion / Re: Money flowing out of BTC into Altcoins on: May 09, 2021, 08:36:08 PM
After the altcoins catch up, it could be time for BTC again yet we are now seeing BTC pulled down. If both BTC and altcoins shoot to the moon later, we really cond see more users losing the chance for the ticket to ride.

Although we are seeing many altcoins had also experience bullrun, some are left stuck without moving. Investors today are getting wise not to buy just any coin all because they are old coins.
I mean there is nothing wrong with bitcoin having the same dominance at 75k+ price for example. If all other coins go up with it, then bitcoin could go up, altcoins would go up, and the dominance would stay the same right? I do not know if that would be possible, it would mean that there is a ton of money in the crypto world at that moment, too much money, too much stablecoins, all of which goes into all of the market and that would be like billions of dollars very easily.

So I am not sure if it is possible, I am not sure if it is easy, all I know is it is not going to be something that we can see right now, maybe if there is a huge news coming out from somewhere we could see that but that's about it. Long story short its possible, but I feel like if bitcoin goes up, fiat price of alts will stay the same or even go up a bit while bitcoin price of them will go down.
2642  Alternate cryptocurrencies / Speculation (Altcoins) / Will Ada and Doge test 10k satoshi mark this year? on: May 09, 2021, 05:50:00 PM
Dogecoin is trading around 950 saotshi after falling from ATH of 1280 satoshi levels.

Cardano at the same time trading around 3100 satoshi after few weeks of stagnant movements around 2500 to 2700 satoshi levels.

But, I am seeing dogecoin got better chances to test 10k satoshi levels this year compared to any other coin which is trading below 5000 satoshi levels right now. Yeah, this is obviously because of having those billionaires on board.

(I am seeing most speculations here are in USD values but I do see most of us are preferring BTC trading pairs for trading altcoins; then why not have speculations in terms of BTC values?).
2643  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: May 09, 2021, 02:46:42 PM
Cricinfo picked a dream team of IPL 2021 based on so far concluded matches:



On quick view, I found something interesting:
1. MI and DC managed to have 3 players whereas SRH,RCB and RR are having one player each.
2. CSK is with 2 players and there is no surprising on seeing Jadeja here.
3. KXIP and KKR are the teams not up to the mark of making a cut into this eleven

I would have picked KL Rahul in the place of Shikar Dawan or Prithvi Shaw. Also, Kohli is for skipper.
What are your choices?
2644  Economy / Gambling / Re: 🚀 Sportsbet.io - Welcome back to the Premier League- Watford FC!! 🚀 on: May 08, 2021, 08:56:46 PM
What gave you that idea? Bayern Munich won Champions League in 2000-2001 and the last year (given this year is definitely English) and between those years 4 English teams won Champions league, 3 Bayern between the first the last and one in the middle so 3 German, 3 Italian, and a staggering NINE 9 times Spanish teams.

I am not saying Spanish teams are the best teams and La Liga has a big gap between them and the second place, I am not saying Premier League neither, I just believe its teams. Put Barcelona in Premier league and they would be just as good, put City in La Liga and they will be just as good, there is no denying that a good team is a good team in any league, and it is not the leagues that matter.

However if the point is "let's put all Premier league and all La liga teams in one huge league and let's see which nation will have a top heavy one" then that will change year by year, yet remember premier league gives a ton of money to everyone while La Liga prefers to pay top 2 more, so that is why I think it is not leagues, it is the teams that matter the most.
I think it is more about league as a whole being better and not team by team basis in that talk. Sure champions league could be won by some other teams, it all depends on finances and other stuff, but when you pit Premier League against any other league as a whole, it is usually not close. Think about it this way, let's say from now on every team that gets relegated in the top 5 European leagues play in another league their own, sort of reverse champions league and you will see that most of the time English teams will win that, why? Because premier league is so good that championship is literally the best second division and probably better than almost all top leagues except maybe 10, they are that good.

When you look at the "best" team you may not see a premier league but if you look at top 50 teams you will see it is mostly premier league teams and they are the most common ones. So, yeah you are both right and wrong, when it comes to team by team it may not be English teams, but when you look at it as a whole I would say premier league as a whole takes the cake.
2645  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: May 08, 2021, 07:03:22 PM
The only person who managed to go under 1.18 was Verstappen so I think he looks like the fastest in the practice runs, Bottas seemed very well and I believe the talks about how "Hamilton needs a better partner" is finally getting to him and he is racing very aggressively, he is literally racing on the cutting edge, one mistake and he is done and out of the race type of risky racing but that allows you to have a faster speed as long as you do not make any mistakes.

I believe the first 3 will stay as Bottas-Hamilton-Verstappen today, with top 5 probably having Lando Norris as well dude is amazing so far this season and I believe he can keep it up. However this is just qualifier, if those top cars do not end up at the bottom for some penalty or crash, that means they are going to be at the top but the race is still undecided and pole position is meaningless.
2646  Economy / Speculation / Re: How fast do you think will Bitcoin reach $100k? on: May 08, 2021, 05:18:19 PM
I think there are many factors that drive bitcoin prices to both increase and decrease in the market, so it is very difficult for us to predict when exactly the price of bitcoin will be hit $ 100K, because it could be next month, next year and maybe even 10 years from now
Yeah, OP created this topic when bitcoin was rapidly increasing but after the middle of April month, we are facing corrections and stagnant market conditions which might think you uncertain about reaching $100k but this topic is all about how quicker on reaching $100. This topic must be a classic example for how suddenly things will change in bitcoin world.

I am not having any doubt for bitcoin to reach $100k this year. Moreover I am believing to have around $300k within this year. Because, lots of statistics and technical are projecting prices toward $300k by December 2021. So, $100k may happen at anytime soon.
2647  Economy / Speculation / Re: Are you guys happy if bitcoin will dropped to $10k? Why? on: May 08, 2021, 12:57:16 PM
I truly wouldn’t, but it will surely be another golden opportunity to buy the dip and HODL again. Hahaha. I’m sure every news will start to say that Bitcoin, priced at $10,000 during a “bear market”, “is dead”. That will be laughable to think, and stupid.
I wouldn't as well. Ignore those news coverage and what social media will be shouting if such bear market will be happening, but we cannot ignore the impact of losing big investors and adopters. Even bitcoin is known for losing its value up to 70% after the end of each cycle, getting back to $10k from current market is something different for me for some reasons.

I mean I do not want any disturbance happening for the known 4 years cycle of bitcoin markets. If that cycle happens as it is then we will have more confident investors which must be more important regardless of having another 70% downfall from final ATH.
2648  Economy / Trading Discussion / Re: HOW MANY PEOPLE % DOES REALLY SUCCEED ON CRYPTOCURRENCY on: May 08, 2021, 11:52:13 AM
does anyone have any statistics % or information about how many people either succeed or fail (lose their money) doing trading in cryptocurrencies, also the people who are working on their own coin project( not a scam project)?
How it will be possible?

Do you have any statistics of how many people are doing in stock markets in your region/office/school/street?

Cryptocurrency market is a global one and this forum is having only some percentage of people from that. So, we cannot have any kind of statistics regarding how many people are trading successfully in cryptocurrency markets.

Just think about it, there are hundreds of different exchanges and no one could control all of them and also same people definitely trading on more than one exchange. Then, how it will be possible to get such a statistics about success or failure of traders in cryptocurrency trading.
2649  Economy / Trading Discussion / What's the mechanism behind pumping? Profiting in both BTC & altcoin possible? on: May 07, 2021, 09:09:11 PM
Let me narrow down this discussion with respect to Elon Musk and dogecoin for easy understanding purposes.

Dogecoin was trading around 30 satoshi few months back and we assume Elon Musk started his pumping with ~100 BTC.

Basically my question is, did they book profits for the dogecoins they bought under 50 satoshi when they were pumping above 100 satoshi? Or simply hoarding all the dogecoins into stash for profit booking all at once?

If they gather all buying means they they will surely run out of BTCs to keep buying after some point of time.

At the same time, if they keep booking profits time to time then they can take dogecoins to any level like even one dogecoin may value 0.1BTC also (because they do have 100 or more BTC in reserve to keep pumping).

Even I am into trading for years, I could not imagine how manipulation of such coin will work.

Any idea on what behind the screens going on?
2650  Economy / Trading Discussion / Re: Investing Urge or Trading Surge on: May 07, 2021, 06:59:16 PM
I am personally exploring both stocks and crypto and right now I am more into crypto.
Investing more and trading with a short amount for now.
Stocks is something I have never tried. Good to know, these days people are investing into both stocks and cryptos as a time; because people will choose higher ROI based only; in that way crypto must be the choice for many people nowadays.

I have seen and read about people selling their houses all in an effort to have enough money to buy crypto
Yeah, I am also coming across many such news. Honestly I am not getting surprised on seeing them. Moreover in my view, they are in right direction to buy back 2 or 5 houses after some years of holding cryptos.
2651  Economy / Gambling discussion / Re: BTC price VS gambling on: May 07, 2021, 06:08:19 PM
I would normally advise people to use dogecoin but seeing it outperforming every other crypto lately I start to regret my view on it. Apparently the coin everybody was laughing at made the most buck for the holders since the last year.
I do see that dogecoin's up surge is due to bitcoin's nature of slowly becoming a pure digital asset rather than being a payment system. I guess that you do not need to be regretting. Dogecoin must be the best option to gamble with. Fee for transacting in dogecoins is still 1 doge which is approximately 1100 satoshi must be cheaper these days.

I foresee like bitcoin will value in millions hence people will afraid to spend it which will make all other altcoins to replace bitcoins in gambling industry completely. People will rarely spend bitcoins which might not include gambling as well.
2652  Economy / Gambling discussion / Re: 2021 NBA Season on: May 06, 2021, 08:45:01 PM
Remember Cavs? Dude managed to get Tristian Thompson, Della, JR freacking Smith, Kevin Love all get paid way way way more than what they are worth, and that made him loved by his teammates as well. He is doing that same here, Kuzma is not a great player everyone knows this, but he is also not a terrible player neither and people saw something in him.
Yeah, I read Kuzma also had a dinner with Kobe to talk about basketball, Kobe didn't do that with Ingram, nor D'lo, nor Randle, but he did that with Kuzma as well.

He may not be a great player, but he is definitely a good role player at the very least, and points are not the only things, there are other stats and there are other things not even stats show that could be good, Kuzma is definitely a good role player thanks to all those tangibles.
2653  Economy / Economics / Re: Andreessen Horowitz plans $1 bln cryptocurrency VC fund on: May 06, 2021, 05:43:34 PM
Yes, we are yet to see the highest price yet, the price of bitcoin has shown resilience at the current price rate, and it’s still showing signs that it will move up again. I wasn’t expecting it hold on this much longer, I was thinking that by now the price have crashed to a lower rate as it did before, but it seems that’s not the case as it keeps on hanging this high price for a long time. And now there is this news about a giant institution planning to raise billions of dollars and invest them in Bitcoin.

This shows that there are many other institutions that will be looking for funds to invest in Bitcoin, but since they have not come out publicly to say it, people wouldn’t know that. And this is a trend that will keep growing in years to come.
2654  Alternate cryptocurrencies / Altcoin Discussion / Re: What goes up must come down on: May 03, 2021, 06:00:02 PM
There is more demands on crypto right now than ever so even any dips happens there will always be some who are ready to grab the opportunity, I'm not saying it's a goodbye to bear market I'm just saying that this bull market will last for a long period of time, I won't be surprised if market keeps growing till 2022
What you're saying is absolutely right but only applicable for bitcoin market and definitely not for any of altcoins market. And that is the reason OP is emphasizing about grabbing peak price levels whenever available. I'm not having any different opinion from that because we must keep booking profits in altcoins but we can continue holding all of bitcoin investments.

Even bull run will continue till 2022, we cannot be sure about most of the altcoins as not all altcoins are increasing at the same time, for example, top ranked TRX is still struggling without having any new ATH. So, booking profits time to time will be a good thing to have for any investor.
2655  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoin would you Buy now and Why? on: May 03, 2021, 05:12:42 PM
ETH is also doing very well at this point because it has reached a new ATH at its unit price so that it currently exceeds $ 3K for one unit, so in general ETH is also very good as an investment option in the long term.
If we are going to invest into etehreum right now, then probably you might be catching the topmost price as there are very less possibilities for etehreum to grow further from this current price levels. Because, ethereum is currently having huge competition in the crypto markets and its huge and senseless transaction fees is enforcing lots of projects to leave off it and to adopt many other new dapps platforms; BSC must be one of them.

So, it may not be the right time for getting into etehreum even with the long duration based plans. I'm not the etehreum hater but I'm just talking about the real points according to the current situations.
2656  Economy / Gambling discussion / Re: Feel Pressed Something while Gambling on: May 03, 2021, 03:09:35 PM
Feeling pressed in gambling might be a first step toward addiction. People who start feeling their responsibility might take necessary steps there after but ignorant gamblers simply continue and becomes addicted.
You are right. I have seen many gamblers were sharing like they were continuously getting big frustrations out of different gambling scenario which slowly made them aggressive in many things and they were continuously thinking about how to beat houses to make big profits. After few months, I noticed they had become gambling addicted and not into their basic responsibilities on both social and personal life.

In another way he's probably pressured to win since he's gambling with his lunch money.
When a gambler is risking beyond their affordable limit then that must be the consequences which they deserve to face.
2657  Economy / Gambling discussion / Re: Do you limit your gambling time? on: May 03, 2021, 08:21:59 AM
In general, to some extent, I envy those who can afford to "break away" from the real world and spend time as they want
I am sure at some point you may turn as an example and people will start envy against you if you are ready to put efforts. I'm not seeing limiting your gambling is that much big task. I agree it is difficult for anyone in the beginning but when you are having strong willpower, it will slowly become a practice. Nothing will possible until you show interest. Honestly I am envy on you as you are having 2 jobs; somehow it is my dream still I am not yet achieved that.

Every person does need some time to relax and doesnt stress out yourself too much because it wont really be giving a good effect for you in long time.
That is reasonable. Anything beyond excess is good for nothing. Whether gambling is for entertainment or for money making, still we must have limit.
2658  Economy / Gambling / Re: 🚀 Sportsbet.io - Welcome back to the Premier League- Watford FC!! 🚀 on: May 02, 2021, 08:43:15 PM
So um... I blew my entire Sportsbet bankroll on tomorrow's ManU/LFC match (Shocked), not by placing it all on one pick (I would never do that after my last experience), but with some amount of BTC on ManU win or draw, a similar amount on Under 2.5 AT, some more on ManU scoring first, a smaller amount on LFC under 1.5 goals, a lottery bet on 2-1 and correct score and another on no goals at all including no offsides/VAR interference.

Don't worry I will deposit more if everything goes to hell, but I strongly doubt it will.
I do not see why anyone would spend all of their money on just one game (albet different bets) but I can say that those bets do look yummy. I mean I still wouldn't do that, I just wagered 5% of my bankroll on United winning and that's it, nothing more. However if I were given a choice what to play if it was my whole bankroll it would be this game and it would be those bets for sure. They all look very good and I believe it will definitely create a good result in the end, you will most probably not lose everything you have, a few of those bets look to be quite possible.

If you will win more than you wagered or not is still yet to be seen, but I still think that betting all on one game was a crazy move that may end up paying well in the end if you win, so you took a chance, and if that is not amount you depend on, at the very least you will lose money you do not need.
2659  Economy / Trading Discussion / Re: HOW IMPORTANT IS STOP LOSS on: May 02, 2021, 08:18:13 PM
We do not need stoploss for bitcoin spot trading when overall bitcoin trend is bullish.
If you're trading any other coin against bitcoin, then probably you need stoploss even in spot trading.
Yes, long term holders of bitcoin are holding (literally long term trading) without stop loss. But, at the same time. I guess they must be having trailing stop loss in mind like if you have bought bitcoins for $50k levels and you might have stoploss levels around $51k levels in mind still you will not bother anything when bitcoin is trading above $55k levels. But, if bitcoin prices are coming down to $52k levels then you will start thinking about exiting with least profits.

I am just explaining how stoploss can be used even in spot and long term trading. But, I must agree that bitcoin spot trading definitely not requiring any stoploss to exit as you can hold bitcoins for years.
2660  Economy / Trading Discussion / Re: Is Scalping even viable in Cryptocurrencies? on: May 02, 2021, 07:47:16 PM
Scalping is good if you know well how to manage it properly dude, but if not, I suggest you not to implement it in your trading activity, due to for sure you will end up only for loosing your assets. Meaning, it could be bad or good depending in your skills or knowledge. Therefore, scalping is viable for the experts only.
I don't think anything there in scalping strategy to manage properly because it is kind of quick buying and selling and cannot make use of any strategy due to lack of time to take proper decisions. In my opinion, scalping is nothing but blind way of trading. Moreover it can be compared with the way of gambling.

Yeah, scalping is just a way of gambling to test your luck factor. If your trying for 100 times, and if you are able to hit profits for at least 50 times then I guess you can end up your day in profits with scalping strategy given that you are paying least to no fees to exchange/broker (I heard some exchanges are offering huge discounts when you show good monthly volume).
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