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3241  Economy / Speculation / Re: BTC is over $54,000, hold or sell? on: March 11, 2021, 08:55:33 AM
I already sold some of my bitcoin at $55k Grin

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.
It is not really a wise move to sell bitcoin when it is on the rise, it is still going higher and I think if you keep waiting for bitcoin to crash, you may end up being the upset party there because it may never crash, or at least not crash under the price you sell. I believe we are going to have a great increase and that will end up with us seeing 60k+ soon and even maybe 70k as well, if you sold right now, that means you sold way too early.

That doesn't mean that nobody should sell, there are two very valid reasons to sell bitcoin, one of them is needing money, sometimes in life we need money for something serious, not like getting a car or something, I mean serious stuff, like health or debt, and the second reason is to retire, if you think you have enough money you can sell and retire and have all the fun you want until you die because now you are retired. Aside from those two reasons, no reason could be given to sell bitcoin that makes sense.
3242  Economy / Speculation / Re: I think it's time to go Short on Bitcoin on: March 11, 2021, 06:03:12 AM
I'm actually shorting bitcoin on futures trading, But after hitting the support lines I'm going long for a short period of time because it's just bouncing back on big supports. I'm not that good in TA but I am expecting it to go lower if bitcoin goes down below 43k. Those who short bitcoin from the 56-58k range in futures trading surely gained a pretty good profit from the current price of bitcoin.
Yeah, but imagine shorting bitcoins when the price was pumping from 15k to 25k then people might have done short selling but the price kept rising so I am not a huge fan of short selling unless its some shit coin that is bound to drop at a particular time. For example doge coin is being pumped quite hilariously but everyone knows it will come down in near future maybe a little late but it has to come down once Elon Musk stops shilling for it.

Shorting doge coin is a good idea in my opinion and even bitcoin but the problem is that when you short sell a coin as good as bitcoin, it can back fire if market continues to grow.

Shorting Bitcoin near a support at $44K could be disastrous traders who shorted at $58K must have taken profit now waiting for a long position, although some analyst predicted March as a bear month based on the previous year price action the price might prove those analyst wrong going by the price surge this morning its up for every trader to decide the appropriate zones to long personally I think the price will be bullish this month.
I never trust these analysts because where were these guys when bitcoin was dropping in early 2020? They all seemed to find a reason to support the bull or bear market instead of actually analyzing and giving their verdict.
3243  Alternate cryptocurrencies / Altcoin Discussion / Re: Fees are sky high on: March 11, 2021, 04:50:13 AM
I really don't know how going to fix this, if eip 1559 will help ETH or if there is a situation with bitcoin that will be fixed but this really keeps people from buying. Think about how many people will decide not to invest if the entry point is paying 40 dollars as a fee for getting in, and think of how many more people would join if the fee for getting in was 70 cents?

I mean they are obviously different and I would say that it slows down our increase as well, which is why I do not believe that we should be getting these fee's any higher, but I do not know how we will get it lower neither.

You know the reason why its high right? Miners do not "charge" people a lot, it is the people that pay a lot, if people decided not to pay we could drop it right away today in an hour make it small, but people pay more to get theirs go faster and that causes it to basically go up more than we can assume because they compete with other rich people to pay more to get their transaction done and poor people left in the between get the trouble.
3244  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: March 10, 2021, 08:21:06 PM
13th will be a better day, we will have Wolfsburg versus Schalke which I think should be an easy Wolfsburg win, but not like Bundesliga is ever certain, it is going to be a weird week because games look easy but even the worst teams sometimes have a tie with the best teams, but Wolfsburg seems like an easy choice since Schalke has been horrible.

Bayern versus Bremen looks as easy as well, Bayern is always a team you gamble on, they may have few losses but they normally win their games and this is no different, Freiburg should beat Mainz as well, not because Freiburg is any good but Mainz has been horrible this year, just like Schalke game basically, and lastly Dortmund versus Hertha Berlin as well, Dortmund is by far the better team and they are proving that and fighting really well against all teams, I think these games should be played but I know they are all risky.
3245  Economy / Gambling discussion / Re: When is the right time to gamble on football. on: March 10, 2021, 07:57:34 PM
I guess only summers are not a good time to play most of the time, even that was good time to play last year because of covid the remainder of games were played during summer, but normally summers are a bit worse, there are world cups and euro cups and so forth but that's short and not many, aside from that during summer there are not that many games, it starts back up during later stages of August and you can start gambling if you want but I stay away because it is early games, I let teams get in form a bit before I start gambling.

Long story short there is like 8 months or so you can gamble non-stop if you want, and you can still gamble at least another 1 month as well optionally. I do not know anything else, aside from those playable periods, every single time is good to play, it is really fun to play when the league is getting to the last days and if the winner is not decided yet.
3246  Economy / Gambling / Re: Chips.gg |🎰 New UI | New Currency BNB on: March 10, 2021, 07:20:53 PM
This type of event draws the attention of many players, it can be seen as free money, but if what it brings is much more traffic, if there are players who take advantage of the opportunities, I am sure that this strategy makes them join more, in the end It is not money given away, who invests in advertising in the forum, I have seen how well they do on their platforms.

Small promotions keep players on the lookout, and this is already a profit for the casinos, having a constantly growing community is an advantage over others.
The idea is that you give free money now and get their money later. By logic if there are people who are not gambling in chips.gg but see this and come in and try to get this free money, they may or may not get it, but in the end if they stay, even if some of them stays, that means they could actually make a profit with this from the people who keep gambling after this is over.

Most of the competitions, marketing, promotions, bonuses and such all have the same goal, spend a bit money right now on them and get more money back later from people, otherwise it would be like donation and this place is not a charity so that is why they always aim at making a profit. However there is competitors to think about as well, so even if you lose a bit of money, you do it because other places do it as well so you need to offer something as well to keep your gamblers too.
3247  Economy / Gambling / Re: 🚀 Sportsbet.io - Official betting partner of ARSENAL FC 🚀 on: March 10, 2021, 05:56:52 PM
What a dramatic and exciting match! Though I lose the bet but I enjoy the match a lot. Juventus Played just unbelievable. But unfortunately, they have become crashed out. Juventus will now focus entirely on Serie A. As a result, Serie A will be more competitive.

^^Yeah really. Juventus were sloppy at start but slowly slowly they paced up. It was the Fiorentina wonder boy Chiesa (on loan at Juve) who scored two crucial goals to push the match to Extra Time. Porto were also a bit lucky with two frame shots and one close chance from Chiesa. Everyone thought it was going penalties until that freekick goal in ET by Porto made it all hard for Juve. It was almost like putting nail on the coffin.

Ey @LFC_Bitcoin. Liverpool game today... What do you think?
I really think that Juventus didn't expected Porto to play this well, they were too cocky to start and they assumed that last game was an unlucky situation and they will be winning this game easily and that is why they didn't start that well.

Moreover, I have to say Juventus played amazing on the extra time as well, but they were too tired, both teams were of course, but Juventus really worked super hard to win at the extra time but they were just unlucky, I wasn't really watching the game that much, I checked it here and there, it was open on one tab and I was looking at that and then move to reddit, youtube or whatever and so forth and checked back for most of the game, after 80th+ or so minute I realized what type of game it was and I really hoped for penalties as well but that didn't happen. I really can't believe how awesome the game was in general, it really had everything in it.
3248  Economy / Trading Discussion / Re: Never catch a falling knive on: March 10, 2021, 04:51:18 PM
It was always obvious that people who think that bitcoin is crashing a lot and sold their coins would support others to sell as well, that has always been the case in crypto, if someone is losing money on it, they wanted others to lose on it as well. Practically that is not the case here, we have made a decent return from it but the reality is that just because we made a good return now doesn't mean that they have learned their lesson, just watch and see how people will panic sell and tell people to sell or at least not buy when the price is going low once again, and watch them regret not buying when it increases a lot.

If you didn't listen to OP and bought bitcoin when he told you not to do that, you would have been in profit right now, over 10% profit at that, so do not care anyone who says anything bad about bitcoin, always buy it as much as you can because in the end you will profit.
3249  Economy / Trading Discussion / Re: Trading without experience and knowledge on: March 10, 2021, 08:13:03 AM
Of course you can trade without experience and knowledge. It's simply either BUY or SELL. But if you want to achieve consistency profit in trading, that will take many years of experience and knowledge. Furthermore, it depends what sort of strategy you want to use to approach the market.

If you prefer more aggressive style of trading, then go for technical analysis and look for speculative or naked trading (Most newbie starts from here).

If you prefer more conservative style of trading and risk diversification, then go for hedging strategy which needs more math approach. You have to familiarize yourself with Delta, Gamma, Volatility etc., how to manage your daily position and profit mainly derive from market volatility.
Honestly you are sort of wrong. You "can" trade without experience and knowledge but that is not people are asking or discussing here, they are not really profiting if they trade without any experience or knowledge so what you are saying that "if they have access to a computer and an internet, and if they can read and write, that means they are capable of starting an account and trading", do you really think that could be the thing we are discussion here? The "ability to operate a computer"? Could that possibly be the situation?

Trading without experience and knowledge is something that will lose you money, you will not profit unless you are very lucky and that is why I think people are looking to profit from crypto by learning how to trade first. I believe it is going to be a tough situation if we lack everything and still trade just because we "can".
3250  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: March 10, 2021, 06:26:42 AM
Younger generation are more towards privacy over the convenience for sure because even successful old people doesn't get the after effects of giving KYC so they always choose to play with fiat but still this is just my opinion and talking generally so having a poll related to this may give better insights.
Younger generations are more aware of why our data is getting collected and what can be done with it, that is the difference. Old people do care about "privacy" as in writing on their facebook walls "I do not allow facebook to use my data ....." stuff but writing on their facebook wall means nothing at all, they do not realize that, then they keep writing and sharing like crazy.

Younger generation on the other hand share stuff on instagram and so forth, share their tiktok videos, but the reality is that they are aware of whats being stolen and what it is used for, we all remember that Cambridge Analytica situation and we know how social media could turn to be a political weapon, you can convince enough of your followers to be mad on social media and they will all both support everyone of your party members no matter what they do and be against other party no matter what they do, that social media weapon could be very dangerous and that's what younger generation is trying to refrain from.
3251  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 suspended on 1st Mar 2021 please withdraw before 15th Mar on: March 09, 2021, 07:20:04 PM
Adding more games is not as difficult as one might imagine, I have worked for a casino before (non-developer position) and I have seen how developers work as well, they do work behind the scenes a lot but when everything is said and done and the games are released, there is very minimum work to be done from the developer side, sure it creates more gamblers and more issues for support (that I had to deal with) but developer side doesn't release a game until they are 99% sure there is no problem, there is always a 1% chance of something wrong because there are idiots who try to gamble from a 1999 computer for hobby or whatever that we can't find replica and test so they may find some issues, but once it is released rest is easy.

Hence, if you are a dice website, adding more games would take maybe 6 months to develop but then rest is easy. However managing a casino is hard, could be just dice or could be 20 games, it is hard all the same.
3252  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: March 09, 2021, 06:48:42 PM
Today's games are obvious to me but this season has been so weird that I may actually end up being wrong. I wagered on Juventus a bit, and I wagered on Dortmund a lot, they have lost to Bayern barely recently and I feel like they will want to get revenge of that today. Dortmund could actually handle a small loss as long as they score a lot, but Juventus has to win, not like Juve will end up not really losing here because they lost the last game and they have to play fairly strongly this game to move above.

Normally these bets look like a "no-brainer" bets but this season has been such a weird year that anything could happen, I would be a bit surprised but wouldn't find a 3-0 loss for Juve as unexpected because at this moment I expect anything to happen, literally anything to happen, that is why I think this is going to be a very difficult day.
3253  Economy / Speculation / Re: Bitcoin 2021 top and end of year predictions on: March 09, 2021, 06:25:42 PM
Most people are waiting for that 100k to be reached, it looks like it will be a bit of a challenge but we are getting there, I know we are still 2x away from it or so and I know that people are not sure about what is going to happen, but I feel like if we are all trying to reach to 100k that means that price must be a bit realistic. We are not saying 500k, we are not saying 200k, and in fact it could have been a bit less rounded, like have some sort of situation where its 88k or something, or 90k or 110k, no we all say 100k.

This is why I feel like we are going to break that number, sure it will not be simple but it will definitely happen and that is why I am going to work hard to get as much bitcoin as I can since doubling my current investments would be awesome for me, it would really be very helpful, not that I would be rich but who could say no do doubling your profits?
3254  Economy / Speculation / Re: Bitcoin balance on exchanges reached a 2-year low on: March 09, 2021, 05:07:40 PM
More people are moving them BTC for exchange to Cold storage and with difficulty accessing many platforms when Bitcoin breaks ATH and the institutional demand increases, the price will rise easily after 58,330.57 point.



https://studio.glassnode.com/metrics?a=BTC&m=distribution.BalanceExchanges
I believe one of the biggest reasons for this is the fact that there are tons of companies that bought bitcoin, in tens of billions of dollars levels combined, and those people do not keep their money in exchanges, they put it on somewhere safe and that is why I think there is less money on exchanges.

Certainly it is still us regular folks who trade and decide on the price, if those bitcoins are out of the market we could drop the price very quickly, or increase it very quickly, just with the small amount we have left, but the reality is that if we drop it too much they will just buy more and increase the price all over again hence it wouldn't make sense for us.

This is why I think it is quite important that we just keep buying more and more in order to profit because the more we sell, the more they will end up buying and getting out of the market leaving us with very little amount to buy.
3255  Economy / Gambling / Re: ⭐ BTCGOSU ⭐ Your Trusted Guide to the Best Bitcoin Casinos ⭐ on: March 09, 2021, 04:12:15 PM
thank you so sooooooooo much for all the kind words, the constructive feedback, for the support - thank you! Smiley
You deserve all the praise and I can honestly tell you that players were starving for a review site that doesn't list paid sites but actually review them and provides some exclusive bonus which you have done quite nicely by partnering with a lot of sites like bc.game and wolf.bet and others.

I wish there were some kind of articles added to the site though where we can engage, leave our reply, and something like that. Keep up the good work though.

Other than that - we are busy working on the site, improving content, adding new content, doing SEO, etc. etc.
I also like how you maintain the telegram group but hope more members join so we can have better and more discussions throughout the day. I visited the group and although I had nothing much to say but I liked the kind of discussions that were going on.

I noticed there is an increasing number of competitors for BTCGOSU. No one is able to reproduce what you put in place but the race is gonna be harder and harder as you are forced to keep innovating your site and offer always greater promos and events.
Well done efialtis, you created a new standard in this environment.
Because, he doesn't take money from casinos which gives him the freedom to actually review the casinos on a neutral basis. I agree that new standards have been set and it shows even if someone works genuinely they can still earn while having a fair environment for players.
3256  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: March 09, 2021, 01:22:33 PM
Honestly I don't get understand what you are standing for. I thought you wanted to implement KYCs on online casinos, but here you are opposing the idea of yours. Casinos has their way figuring suspicious acts on their site, and I'm sure they also are against money laundering. Nonetheless, I don't prefer to undergo KYCs on any online platform such as exchanges and casinos.
I would say that KYC should be a must for exchanges but not for casinos, casino is not something legal in many nations so if we want to gamble on these websites we hide our information and if we are asked KYC that means we can't offer it, since if we do that it would mean that we are accepting doing something illegal.

There are people who live in nations that are not against any of this, but that's just a limited number of nations, there are so many places that doesn't allow online crypto gambling and even online fiat gambling, which is why I believe there needs to be some sort of situation where KYC is totally got rid of, wherever that casino needs to be open, they should be open there and let everyone gamble however they want without KYC, find another method of suspicious acts to be resolved because this method is putting me in danger with my law enforcement, even if I did everything right for the casino.
3257  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance as the third largest coin on: March 09, 2021, 09:47:00 AM
Lol Grin I know for sure that deep down in his mind he’s going to want their BNB coin to overtake Bitcoin, but he said what he said because he doesn’t want to say that they are working towards BNB overtaking Bitcoin and then the public will start looking forward to when the BNB coin will overtake Bitcoin.

You know that when the public has their eyes and at the end it never worked, it’s going to be a problem for them because a lot of people are going to start talking about it and even bashing them for it. So he’s just keeping it safe by saying they just want the growth and nothing more.
3258  Economy / Gambling discussion / Re: 2021 NBA Season on: March 08, 2021, 08:46:05 PM
Curry won and he is Curry so people really expected that but let's not act like Conley had no chance neither, dude basically lost via just one basket from Curry. Also all-star game was that weird system from last year again, I get that people are trying to change things, Adam Silver is trying to find a method that would make it more fun, "points to reach" or whatever to make it more entertaining, but as we can see from last night it doesn't really make it "that" much more entertaining.

I just want the same 12 minute 4 quarters with pure west versus east, why do we have to have this weird things? In the end I didn't enjoy the skills challenge, I didn't enjoy dunk at all, dunk was the worst one in many years, and all-star game was boring aside from few highlights, only thing that was enjoyable was three point shot contest, I have to say that was a good one.
3259  Economy / Gambling / Re: 🚀 Richprize.com 🚀 - VIP | Play with BTC | Free Spins | Cashback & Final Bonus on: March 08, 2021, 08:28:22 PM
Welcome to the bitcoin forum, the gambling industry is now rapidly advancing and there are more and more users with a lot of interest.
Yes but the problem is that most of the casinos don't operate for too long, I hope richprize exists for years to follow. They have 885 games which feels unreal for a new casino so good to see and I will be testing the casino later in the day maybe.

As I was exploring the website I saw they also have sports betting which is really amazing as there are so many casinos in the crypto space but the number of sportsbooks are still less.

Just wanted to tell the OP that the button at the left top corner on the website (google play) is not working or maybe the app is under development.
3260  Alternate cryptocurrencies / Altcoin Discussion / Re: TRC 20 is secure as ERC 20 ? on: March 08, 2021, 07:34:49 PM
I want to transfer USDT from one address to another. ERC20 detucts a lot of fee but TRC 20 on tron network, the transaction is free of cost.
I want to know if TRC 20 blockchain is safe to use and we can store our USDT there for long term ?
I think you can safely do that and while Tron blockchain isn't as famous as Ethereum so it doesn't bring the same trust as Ethereum blockchain but it should be good because Tron itself has a good market cap and I personally have used it countless times, never had any issues myself.

Yes, currently TRON Blockchain is an alternative to sending USDT between wallets or exchanges, because gas fees on the ethereum network are very expensive, so far tron blockchain there are no any problems, even the TRON network is faster and cheaper.
Exactly, in fact when I am trading at Binance, I deposit the USDT by Tron only and once its into my balance on Binance, I have no fear of anything wrong happening because it has been confirmed and hence into my balance.

I would really hope more and more sites accept USDT on tron blockchain because like I sometimes play at bitsler, they accept USDT but only on the ethereum blockchain, I hope they realize and shift soon.
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