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2861  Bitcoin / Bitcoin Discussion / Re: Rich people causes cryptocurrency ban on: February 27, 2021, 03:23:34 PM
Rich people always want to make more money to stay edge above the ordinary middle class and they have the necessary finance to dump in an investment that will yield significant profits, and most corrupted rich one have found crypto as a means to launder money without trace.
They are opportunist people and they use their money power in order to take advantage of others but this is not the reason why some rich countries will ban crypto. Will, I agree that most of these rich people have illegalities, they might use crypto as well to evade taxes but the government not so mean with them coz for somehow they still pay taxes base on their local assets but these middle and low-class family, they are mostly in the blame.
I really don't know why but this is how money works. There is corruption and bribery happens.
2862  Economy / Speculation / Re: Wait for the dump on: February 27, 2021, 02:28:29 PM
Every trader usually waiting for it, everyone believes that it is a good sign to invest or buy more once bitcoin and altcoins are dumping. Once the price is dumping, I also used to buy more and hodl it until the season of bull run comes, that's why it is good to have a target price to sell, to earn more profits.

Count me on to those who are waiting for a price correction but i didn't waited for a bitcoin to dump like what have been happened way back 2017. Every trader were literally waiting for a price correction especially those who are aiming to buy bitcoin. And i guess the bitcoin's market value of $45000 if a trader could afford were not bad to consider as a good timing to buy. However, to those who are still waiting for a lower price correction than it i guess it may take time to wait or maybe it shouldn't happen anyway.
But I guess, they are wasting their time waiting for the price to bounce back low coz that chance is so slim, and besides, we even see the market demand still high. Thus, if they are willing to invest in Bitcoin, they never have to wait for it. I don't know if they are taking the opportunity when the price drops to below $40k last month, coz if they are, they are not in regrets putting their money at risk.
2863  Alternate cryptocurrencies / Altcoin Discussion / Re: Better than before on: February 27, 2021, 02:06:51 PM
I also think that you can't compare this bullrun right now with the one from 2017. Back in the day even absolut shitcoins went crazy high for a few days before the long and heavy dump happened that lasted for a long time.
Now the growth seems to be much more organic and healthy at least to me. The consolidation phase that we are in now for a few days also seems to be not too heavy and only caused a small dump in prices and seems to be quite stable right now.
But as always: no one knows what happens.
The market is so healthy to compare before. Last 2017 did only a short bullish season and while it responded with a long bearish season, but what we got today is very different. More people are already embracing crypto, they finally see it's important now and this will help to sustain the market uptrend. We are really surprised how the network keep rallying despite the negative news we've heard, but this never stops people who are having faith in Bitcoin as they will continue to support this.
2864  Economy / Gambling discussion / Re: [Boxing] Tyson Fury vs. Anthony Joshua on: February 27, 2021, 01:34:27 PM
Fury is claiming that he is planning to fight twice this year just to be active and that is a problem with all the fighters as the pandemic is messing with their careers as well.
The team management of Tyson Fury has to find opponents that he could compete and try to sell the PPV. The fight against Anthony Joshua is a spectacle and it is a once in a life time event to have this kind of big fights and during the meantime these fighters needs to be active and i do not think there will be mandatory defense during pandemic and hence they can choose anyone they want just to be active and entertain his fans.
This is the biggest fight of his career and he is also favorites to win the fight, so good for him.
Promoters are offering both $100 million each just for this fight, there's no better than this and it's once in a lifetime opportunity for both fighters.
2865  Alternate cryptocurrencies / Altcoin Discussion / Re: alt season over or about to start ? on: February 27, 2021, 01:10:15 PM
I saw the opposite, the altcoin season is just starting, how do you know if the altcoin season will end?
The reason I say the altcoin season has just started is because of the bitcoin dominance chart, if based on the 2017 chart, the bitcoin dominance chart should drop below 40 before the altcoin season ends, if it hits 40, there is a chance that the altcoin season will end soon.

What do you mean by 40? is it 40%?...

If bitcoin dominance will drop, and the market is still bullish, that means people are investing more on altcoins, which I think would happen easily.
Now, bitcoin is the main investment in the market, altcoins are only bullish because of bitcoin, that's what I learn base on what I witnessed in the past bull run and the bear market.
2866  Economy / Gambling discussion / Re: 2021 NBA Season on: February 27, 2021, 12:34:35 PM
76ers need to really pick up the pace and error is not an option for them right now while the Brooklyn Nets are stealing their number 1 spot.

76ers play good defence. Season is still long. For me so far they are my favourite Eastern team. Nets are missing two key players, but luckily All star break is close.

Nets will likely stay at the number 1 spot, they are so consistent while 76ers have some problem sometimes that resulted a loss. Although the ranking now favors the nets but I think in the playoffs it will be a different story, I'll also back the 76ers to win against the Nets if ever they'll play in the ECF.
2867  Economy / Gambling discussion / Re: The History Of Crypto Gambling on: February 26, 2021, 10:57:14 PM
You forgot about satoshidice . As i remember, this was the oldest dice gambling crypto platform, which was launched in 2013 (or even earlier, lol). Earlier than many of other casinos, like Sportsbet you've mentioned in your OP topic.

Oh yeah, here it is
Quote
SatoshiDice was launched on April 18, 2012.

The first one dice crypto site.

what we can conclude here, is that gambling industry is the first ones to adopt the usage of cryptocurrencies. and look at where we are now, still new casinos are being launched everyday. we have seen that one major use case of crypto is in the gambling industry. and one of the industries that was not affected by the pandemic. instead of slowing down, this has grown a lot in the previous months. i guess, this industry is the one that benefited from this pandemic crisis because even some of the fiat-based casinos are now accepting crypto to adopt the current trend.
I’m probably sure that some other project also started adopting Bitcoin at that time like exchanges, and other for of services aside from gambling.

IMO, the crypto gambling industry still has a lot of room for new gamblers, that crowded word never happen because the adoption continues and we have to remember that crypto is still on the early stage as evidence but its very high price volatility.


Quote
Anyway, winning such amount of money in gambling today is very impossible to happen, its also good to know how crypto gambling started, and now we’re almost see crowded gambling site.
It maybe possible for whales though.. but chance is probably like 1% as trusting the site with a huge bet is already putting your money at big risk and I don't know if there are gambling sites that has 11k of bitcoin in their wallet.
2868  Alternate cryptocurrencies / Altcoin Discussion / Re: Shall I HODL DOGE? on: February 26, 2021, 10:35:50 PM
No to me. Doge does not have a future as a project. A project that has only recently become famous for Musk's tweets. After a while, it will turn out to be a bad project. However, you have to make this decision yourself.
I agree with the Musk's Tweet that made this coin pump but not agree that this is totally a bad coin. Musk back doge, so it's nice to at least put a little investment on it, for me not to hold but to just take profit on short term and if I would have to buy, not at the moment, I'll wait until the market turns bearish as definitely it will make Doge to slowly get back to below 0.01 usd.
2869  Alternate cryptocurrencies / Altcoin Discussion / Re: It's become hard to understand altcoin movements. on: February 26, 2021, 09:53:26 PM
I don't see it difficult when it's happening that when bitcoin dump, altcoins dump.

It means alcoins follow's bitcoins trend, you just need to follow the trend also that happens 99% of the time.
The volatility is still there, altcoins is even high volatile than bitcoin and some altcoins are already seen with huge increase already.
2870  Alternate cryptocurrencies / Altcoin Discussion / Re: No year of altcoins coming. All the big money is pouring into bitcoin. on: February 26, 2021, 09:34:34 PM
~
I never believed that there's year of the altcoins actually since mostly it just follows the pattern that BTC does. Well from my observation lately in CMC site for all the coins though some are independently increasing by themselves, but still.
It's like when Bitcoin dumps/crashes, it goes worse for altcoins since it is pretty much panic selling for some investors.

It's not independent if they just follow the movement of bitcoin, maybe there are some coins that still pump despite bitcoin is dumping but in general, the altcoins market always follow with bitcoins movement, just like what we are seeing to the same CMC, bitcoin is down and so as most of the altcoins.

as we can see in https://coinmarketcap.com/... majority of the altcoins are down.
2871  Alternate cryptocurrencies / Altcoin Discussion / Re: alt season over or about to start ? on: February 25, 2021, 02:31:52 PM
I personally believe that alt season over. but some people are saying that the season is yet to arrive. what are your opinions?

I think the season has already started but haven't finished yet. This is a short term correction which you have seen in past few days and most the coins will gain momentum after this correction and will attain a new ATH. So if you have some funds in reserve then I suggest you to invest now and get some profit in few days.
When we saw some declines which is just a simple market correction we then badly think about it and mostly inventing negative speculation. I felt sorry for them because that was not the real thing to happen.
Seeing on the market resistance, we are still high, and we are still in the bullish season.

We don't need to live full of negatives when seeing market corrections. But instead, consider this as a huge opportunity to buy coins at a lower price. Whales did this before, they manipulate to dump the market and then having the benefits also when they hype the market. 
2872  Economy / Speculation / Re: Don’t Panic II on: February 24, 2021, 01:53:38 PM
It's true that panicking when the Bitcoin price falls, it will only hurt us. Many people get scared when the Bitcoin price drops below the $ 50k price,
even though as we see the price of Bitcoin is now back to the price of $ 50k again. This proves that Bitcoin is indeed very well performing, seeing
the strength of Bitcoin resistance price at $ 50k. It's a good thing if finally the $ 50k resistance breaks through, because surely the Bitcoin price
will soon rise even higher. It could even hit a new ATH at $ 60k in the next pump.

Well, I don't think it really hurt us but I supposed to think about an opportunity to buy at a cheaper price since these panic sellers will dump their Bitcoin in desperation. They don't think about the losses anymore because what is in their mind is to sell it no matter what it takes. That badly it takes and they will just realize later when the price rises again that they are wrong.

But even we have this scenario has often happened, many we're still not learning this and they keep doing it again and again until the next drops.
2873  Bitcoin / Bitcoin Discussion / Re: Binance Downtimes during Panic Trading will cause the next Crypto Market Crash on: February 24, 2021, 01:35:19 PM
this downtime dosent happen for long and binance usually handle it very well. i dont think a small crash will be what will crash the whole market or make everything tank for so long especially in a upward trend. these are times when people are looking to buy cheaper or lower so there are many orders to pick it up and only panick sellers will lose.
Binance will have the back-up solution with this and the fact that this is not the first handling such downtime, they can solve it faster.

And for us who trusted Binance, we shouldn't have to worry about this anyway. But I doubt how emotional traders and investors responded to the sudden change or/ they are of the selling now. I don't wonder this thing happens because that is the reality, panic sellers will always be in a panic when seeing any market correction.
2874  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: February 23, 2021, 10:32:14 PM
Good news for Heruela too because he is still given a chance to play, it was published before that Phoenix hasn't sign him yet, I guess he was sign and later traded as well.

I do hope that's the case with Heruela but the last time i've heard about him is Phoenix did not offer him a contract and they can trade him because of "rights" issue, the same with Manuel.

Now, it's Alaska's turn if ever they want the service of Brian Heruela or not but there is a big possibility that they will sigh him because of how he performed last PBA bubble.

Heruela does fit with the system of Alaska, his defense is great and he can also produce points, I don't understand why TNT give him up to other team when TNT was lacking in terms of defense, I hope he'll get sign this player is so underrated.
2875  Economy / Gambling discussion / Re: 2021 NBA Season on: February 23, 2021, 10:11:31 PM
Kuzma and LBJ were missing their shots in the 4th quarter which lead them to lose this game and they could get the win since they force overtime. Those free throws in the 4th quarter were really crucial for both teams but they missed it and lead them for OT. Finally, the Wizards took control of the game and managed to win this one.

That's their 5th winning streak and they're doing good so far.


Lakers do really look bad when AD isnt really on the court.We arent saying that they are bad but those gameplays do really sucks.They really missed out lots of crucial shots
which can possibly for them to win up the game.

They do need to adjust but well, everybody could really have a bad night but losing in a row isnt really appealing to look at for Lakers.If they would continue
like this then they would really be on that verge dropping to even low rank.

If Davis was there, he can always take the last shot as I remember he did during the playoffs and Lakers gets a win, I think that was a 3 point shot from him. That's the good thing with Davis as he can also shoot the 3 point, not only a threat inside but on the outside as well.
2876  Bitcoin / Bitcoin Discussion / Re: Someone bought BTC at $6K yesterday and the exchange wants them back on: February 22, 2021, 10:46:10 PM
Their return demand is just a hope that this person will return the said amount but I think they are expecting to return it neither and probably they know already their errors. Unless, if the said person thinks about guilty(which is not) and returns it back to them.

But, If I am in that position, I let them catch me if they can. I have nothing to worried about since it was their fault(exchanger). And they can't force me to turn it back.
2877  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest on: February 22, 2021, 11:48:51 AM
Wanting to invest a few bucks and see some potential returns in the future?
Take a snapshot of the top-10 coins (leave bitcoin aside): when these coins go down 5% buy them and when they go up 10% sell them. If you are able to do some bot script to do that for you via APIs then you are all set.
It's indeed risky but you might get fortunate enough.
The top 10 coins are already in the hype now, maybe we should also consider the top 11-20 altcoins since they are also promising and yet still at a cheap price. If the will follow the footsteps of the top coins, we can surely make huge gains as well.

Or we have to look at potential Defi projects, actually, they are plenty of them but we need to study them first before investing, the same thing we do on the top altcoins because not all of them will have the rising trend as mostly we expected once the market in on the Bullish season.
2878  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What happened to https://etherdelta.com/ on: February 21, 2021, 10:13:09 PM
There's always a problem in the market, sadly, Etherdelta being the first popular DEX was not able to keep up the development so they got left behind, we already have uniswap now and that's what people are using so let's leave that site as I'm sure just like IDEX, people are not using it anymore.
2879  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: February 21, 2021, 09:49:56 PM
What do you guys think, Retire or play on? Magnolia expects Pingris decision by next month

For me, I think Pingris should retire, he already created a good name in the PBA, time to rest now and give the young guns and opportunity to make theirs. Even if he will play, he will still be injury prone, and he is not getting any younger, so I'm saying he should retire.

With the Beast around, i think Magnolia will be good even without Ping but it would nice to see him mentor Abueva and remind/advise him on what to do in order to win a championship ring. There is a news that the Beast is going wild again so maybe Pingris could tame him if needed.

To avoid injury, he could play limited and quality minutes for the Hotshots.

His future in the PBA is on him as he can play whenever he wants as he always has a place in SMC teams, let's not forget that he is Bossing's son-in-law lol.

Calvin has to avoid being stupid in the court again, 2nd suspension could possibly end his career, not good because he will be missed by the fans and it will affect him financially. Now that he was given a max contract, he should act professional and all he does is jut for the interest of the team.
Calvin has proved over and over again that he can compete even with big import but his approach to players should be changed, he is not playing on the street its professional basketball and those actions can't take him far in basketball, I know he wants to show his heart in sports but, if he keeps doing it he will end playing in streets forever, PBA eyes looking for him to commit a mistake and it will be the end of it, he should learn to control his emotions, with lots of people looking at his back like a bulls-eye one mistake is all they need to drop him, so stay calm, in the court just keep playing without hurting or doing stupid inside and outside the court hoping a great future for him.
He needs a good adviser to tell him the consequences once he break the league's rules again.

I believe his job is very important to him so if he will realized the consequences he might cool down and stay professional which only focus is to do his job and continue earning for himself and for his family. The sayings is true that regret comes at last, but in his situation, he already made mistakes in the past, suffer the worst penalty, so I guess learning from it is a must.
2880  Economy / Gambling discussion / Re: 2021 NBA Season on: February 20, 2021, 09:47:58 PM
Portland Trail Blazers now is the team with the longest win streak, what do you think about the game today against the Washington Wizards, will the streak continue or Westbrook and Beal will put an end to it? Although Washington Wizards has been struggling but they won their last 3 games, this should be an exciting game, I'm sure most of us would bet on the Blazers here.
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