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3461  Economy / Gambling / Re: 🐺WOLF.BET - Advanced Dice Game 🎲 Sportsbook 🏟️ Slots 🎰 on: November 12, 2021, 12:22:19 PM
The use of USDT is a way of seeing your bets that they are on the right track, but nevertheless, it should be noted that sometimes when you bet on ejm with an altcoin only the brain concentrates on making the altcoin, to times the value in USD at the time of the game we do not take it into account, but in multiplying the altcoin more, although it is not bad to use usdt, I think it is taking away a bit of the emotion totally, well this seen from the point of view of Since the games Wolfbet offers are very good, and you have to take full advantage of them, it is only to have a balance willing to lose so that there are no regrets and if you lose it does not matter because you have enjoyed it, this is how I play here, in I apply the slots.
I do love to see it on dollar, but I hate to bet on dollar. I know that sounds like an oxymoron but the reality is that if I get to see "btc: 0.01 , dollar value : xxx dollars" that would be perfect and that is what I like all the time and should be available in every place.

I mean not just because I like to gamble with crypto but because I like to hold it as well. It is a much better feeling to hold it and gamble with it. Sure I could turn it into USDT or similar one, gamble and if I win then turn it back to crypto again but that is not what I like to do, I like to keep it there and it is much less work as well. Hopefully I will see the dollar valuation and make a decision based on that, I rather not lose too much.
3462  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: November 10, 2021, 09:43:37 PM
Thats true, license is one indication that you're in the right casino however we know its not only the basis.
What exactly do you mean by the "right" casino here? The license of a casino does not protect you in any way from someone recreating Roobet, for example, and wanting to scam you. Even if they did, it would be very easy to forge the license in such a case. The existence of a license should therefore never be relied upon when you want to check whether you are on a fake site or not.
Unfortunately too many people think that if a place is legit enough to get a license then they are taking this seriously. The idea of license is the good enough part, not the license itself, meaning if you got a license then you are a good enough place that has enough money to get it and that means that you are at least better than most of those horrible starting right now.

Creating a casino would take me about 15 minutes, the development process of a casino is the easiest thing ever, hell most of them is already ready and sold on the market and you could buy the code for a casino and just change it small enough that it would be yours and you could make a profit from it as well. Only thing that keeps me away from doing something like that is the fact that it requires money to get the license, get bankroll so people can gamble and also requires capital for marketing as well.
3463  Alternate cryptocurrencies / Altcoin Discussion / Re: PooCoin vs CoinMarketCap on: November 10, 2021, 05:38:01 PM
Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?


I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?
? It has only been a few times that I heard or saw the name PooCoin on the Internet, coinmarketcap.com is the most popular platform that everyone knows and makes use of mostly. And it is more recognized in the cryptocurrency community than every other platform that you are going to talk about. Most of the exchanges rely on coinmarketcap.com, and not just exchanges including news websites and so many others: they all rely on Coinmarketcap to get information on the cryptocurrency market. So far they have been given accurate information on top crypto currencies.

As for shitcoins I can’t tell you whether coinmarketcap.com is giving any clear information on those because I am not the type that is interested in investing my money in shitcoins, I prefer to go for legit investments that would be worth my money on the Long run. From my experience, Coinmarketcap.com is good.
3464  Economy / Economics / Re: Simple reason why crypto is preferred over fiats on: November 10, 2021, 10:48:28 AM
Mine wasn't really fiat, it was because of banks and government. I am not sure if I would be into crypto this early in time if I lived in USA for example, but I got into crypto very early during 2012-2013 because of my government and banks. When your fiat becomes something worthless then you start to look for alternatives and crypto was a great thing for me during that time. It allowed me to take my money away from banks and put it in my wallet basically, and allowed me to take money out of my fiat and put it in something else.

This is how I got into crypto. If I lived in USA, then dollar could have been fine and government is fine there as well, not great but better than mine, and I would be able to store it in some fund and let it grow.
3465  Economy / Speculation / Re: [Poll] If this happens, is it time to sell your Bitcoin? on: November 09, 2021, 10:09:12 PM
Quote
Yes, the stock to flow model is done.   - 4 (11.8%)
Yes no matter what. Always sell in December every 4 years.   - 6 (17.6%)
No, Bitcoin will keep rising. It’s different this time.   - 16 (47.1%)
No, I will never sell my Bitcoin.   - 8 (23.5%)
Total Voters: 34

The votes says it all , we are going to keep Holding as we have now seeing the increasing market again and again.
if there is something bad coming at least we are into great profit already considering that our holding is mostly multiplied by 2 now.

though i may sell before the end of year yet I am still undecided if will sell or not.
That voting result shows more than what people think. That shows hope for the future and many people do not understand the ramifications of what hope could do. If you are hopeful and you think that things will be great then you could honestly do as well as you could imagine because crypto world is only going up because we are hopeful and buy. Without people buying we can't go up, it is required for people to buy in order to go up and if we are all hopeful about the future price then we are going to keep on buying.

What people do not realize about the current price is that, someone bought at 68k, if nobody bought at that price then we wouldn't be there, which means someone said "even at 68k it is still good because the future is even higher" and that is how we got here. I hope that this continues no matter how high the price becomes because it is something we definitely need.
3466  Economy / Economics / Re: PayPal cryptocurrency trading volume beyond expectations on: November 09, 2021, 06:08:20 PM
PayPal has announced a partnership with Amazon, in which Amazon customers will be able to pay for purchases through the Venmo payment service. The opportunity will appear to users from the United States in 2022, the new feature will be available on the website and in the Amazon mobile app.
https://newsroom.paypal-corp.com/2021-11-08-PayPal-and-Amazon-to-Enable-Customers-to-Pay-with-Venmo-at-Checkout
Would this mean that we could use Paypal to buy stuff with bitcoin on amazon? If that is the case then we could say that there is technically a method that we could use on amazon but if that is not the case then I do not know why it is even here. I get that it is not something that we would all love to see constantly, it is something that I would stay away as much as possible if I could because I hate paypal, but if they really offer a bitcoin purchase on amazon option then I may reconsider using paypal.

The reason why I dislike them is the fact that they support scammers, you may sell something, and it would be really what you sell and then person could do a chargeback and you would be in debt let alone not earn anything plus you are now gone one item that you sent as well.

So because of Paypal, a scammer may cause me money+item together and because of that reason I stopped using them long time ago. However this amazon with crypto thing could make me go back, not as seller but as a buyer.
3467  Alternate cryptocurrencies / Altcoin Discussion / Re: What project can replicate Solana's success? on: November 09, 2021, 08:09:20 AM
There are lots of crypto currency in the market that are quite similar to Solana and I believe that as time goes on the values will increase. The ones you have mentioned here have been around for quite some time and they can also be a good choice if you want. I know that a lot of people like to invest in new projects so that as the project continues to grow, they will make bigger profits, but it wouldn’t be bad to consider the old ones that have been around for quite some time and still have a strong community that keeps pushing them upwards.

So, since you said you need a coin that will reach the top three, any of those that you mentioned can possibly reach that number three position in the future. Even if they don’t, they’re still going to fetch you a good profit.
3468  Alternate cryptocurrencies / Altcoin Discussion / Re: How to find these coins? on: November 09, 2021, 05:23:35 AM
I am afraid that you will never able to find and invest into such kind coins because pumping of such coins are happening completely in random manner. I am sure many potential coins are not getting pumped but just the copy-paste craps for getting higher value for no reason.

Because, whales are working in this way. They will choose random coins and they will start pumping it. If you want to cover all such coins then probably you must need to invest into at least 2000 coins and tokens out of available 3000 coins and tokens.
Unfortunately this is true. There are too many wealthy people who end up doing something that would only benefit them and nobody else. You may think "but we care about only our profit as well" but the reality is that when we invest, we want the project to succeed in order for us to get rich, we can't get rich with just 10% increase for example, we need it to do 10x in order to get rich and that means project needs to be super successful.

This is the difference between us and whales, if a whale can find something that they could pump for 50% and still have enough liquidity to get out, then they will do that and not care about the future of the project, after they got their profit, the project could die and they won't care about it. This is why there is a big difference between us and the whales, the only thing they care about is their money and not crypto world.
3469  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Binance Coin (BNB) reach $1K? on: November 08, 2021, 10:27:20 PM
If you focus on a price point then you will not be happy about what is going on. Do not focus on exact prices but focus on if it is going up or down, or if it is going up as good as everything else when there is a market up. For example if everything else is going up on average 20% while bnb goes up 10% that is not a good go up, that is losing to inflation basically whereas if everything goes up 10% while bnb goes up 20% that is a great increase. All of these small details that combine together to create something amazing.

You should always be focusing on something that would be beneficial for you and you should always try to make a profit based on which direction and not which price. What the price is only important at the very last moment when you are withdrawing, if you are still holding then do not look at the price but only look at the direction alone.
3470  Economy / Trading Discussion / Re: Traders always learn to leave when the ovation is loudest on: November 08, 2021, 04:06:33 PM
I would say that the analogy really works but the fact that people can't leave if they want the ovation to continue. So, let's assume price was 30k right? We had that only a few months ago, and then recently it peaked at 67k right? Well, what happens if people start to leave at 40k? What happens if they leave at 50k? Or even 60k? We do not get a new ATH if that happens.

I get that we still dropped after ATH but we reached a new one and that is what matters. This is why I believe that we should not be leaving when it is the loudest, we should be leaving when we see others leaving. Like right now, if people leave, I understand that because we are not going up anymore, but do not leave when it is still going up.
3471  Alternate cryptocurrencies / Altcoin Discussion / Re: Regulations for crypto currencies on: November 06, 2021, 06:18:32 PM
What I personally think is, if true, many countries start implementing regulations for crypto currency, will this change the nature of crypto, namely decentralization to not being fully decentralized?
The regulation of cryptocurrencies will be possible without affecting the basic natures of cryptocurrencies. Yeah, I am sure there will be possible regulations in a way without affecting the decentralized nature of cryptocurrencies. We cannot expect the same way how government is regulating corporate and other organisation but they must need to take different stand against the cryptocurrencies so that it will serve its real purposes to the people.

There will be no point of regulating cryptocurrencies by removing its all basic characteristics instead of doing like that then government can go for their own digital currency because after removing out all the basic characteristics of cryptocurrencies it will remain like fiats but in digital form.
3472  Economy / Trading Discussion / Re: Making profit with a bubble on: November 06, 2021, 04:09:56 PM
The only thing we could do to make profits is to follow the trend, you don't want to do the opposite because for sure, you're gonna lose your money.
Following the trend will definitely ensure less risks compared going for shorting. Basically Bitcoin is designed to have huge value over the time hence if you are trying to go shorting you then you may get trapped in between.

For example, the current bull trend is expected to last for more months than the previous such bull runs. So, going for shorting by end of this year definitely will lead to get trapped in between if this current bull run will continue in 2022 also. Only if your technical suggesting to go for shorting then you may go for it otherwise just trading along with the trend will help to make profits in bitcoin trading.

I never prefer going for shorting because I am a long term holder even some of my friends are already into derivative trading and they are doing well as per they claim and I am also happier with my long term method of trading.
3473  Bitcoin / Bitcoin Discussion / Re: Risk in Crypto Assets Portfolio on: November 06, 2021, 02:38:22 PM
Can we point out the risks that one faces in investing crypto assets based on these:

1. As a retail investor

2. As an asset manager (hedge fund business)

3. As a trader.
Both retail investors and traders may not need to hold bitcoin so that they will never need to bother about the fluctuations of bitcoin markets but if the asset manager is about holding bitcoin for long period of time then they should plan of for more than four years of holding so that they could beat the fluctuations of bitcoins as bitcoin is known for growing up at least 10x in every four years.

By long term holding, we can eliminate the risk factors involved in bitcoin investment please note that only when you are holding bitcoin for months to years then you will get affected by its fluctuations at the same time if you are planning for holding for 4 to 8 years then you can get more chances to come out in profit by beating all the risks.
3474  Bitcoin / Bitcoin Discussion / Re: How I Missed Out of a 10 Year Bitcoin Investment Plan on: November 06, 2021, 02:08:51 PM
Instead of regretting about what was missed out, I believe that we are still having many more opportunities if we plan up for next 10 years. In next 10 years bitcoin definitely will value more than 10 million dollars (this year's speculation is $100k and in ext 4 years it will be 1 million and in 8 years 10 millions dollars). So, planning up from today onward definitely will help anyone.

Even if you are not able to invest any big money right now you can plan up investing on every month so that you can make some decent profit in next 10 years.

I believe most people might have understood the potential of bitcoin right now but the problem with most of the investors is, they are getting excited when they are seeing 2x or 5x profits and then go profit booking or when bitcoin market is falling down for some 25% to 50% then they get panic and then exiting.

You need to trust on the potential of bitcoin for next 10 years so that you can enjoy similar profits.
3475  Economy / Speculation / Re: When new ATH? When moon? on: November 06, 2021, 01:32:50 PM
we will see another new ATH once bitcoin can break out of this steady state, but no one knows when this stable price will end and bitcoin will continue its positive trend.
I am seeing that bitcoin market is not trading stable but it is continuously failing to break the short term highs but creating lower lows which might lead to breaking down toward $58k levels against our speculation of testing $70k levels. This must be definitely a complete strange situation in November month of a bullish year.

Will not speculate about 6 digits but if this came then provably bitcoin will be hype on mainstream medias.
What I am seeing on mainstream media is, bitcoin is already a hot topic there but hype is still in its making. Any special reason why you are not speculating about reaching 6 digits of price level? I am just expecting it to be happening within this month if not then we have another month in this year for that to happen; these 2 months of time is more than enough for bitcoin to get into that kind of magical levels.
3476  Economy / Speculation / Re: JP Morgan: bitcoin could hit $146,000 on: November 06, 2021, 06:18:50 AM
$146k is somewhere in the middle as per my old speculation for this current bull run. Still, I welcome this because they are also optimistic about getting into FOMO rather than getting into bearish trend from where we are right now.

Projections toward $150k seems like using Fibonacci analysis but I am still feeling like this may not be a final ATH of current cycle as per what we do see through "history" analysis. Probably $150k might be the starting point of FOMO as bitcoin might get into $100k to $120k in slow and steady manner and then will intensify its pace after getting into $150k levels; this way I am also confident about getting into $400k levels.

Overall, this kind of speculation from a reputed institution house is more important for this community and for all the investors all over the world as we just need this kind of positive thing to continue our holding which is more important to reach any kind of speculation in real market.
3477  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it a good list for a short or medium term investment? on: November 05, 2021, 10:16:46 PM
I do not understand how people end up with these type of lists. Like for example if you check the top 5 coin on my list, it is btc-eth-bnb-ltc-uni right now, with cake being a close sixth. These are all coins and tokens that we all know of, they are already high, they keep going high and they are utility ones that you can use in so many places as well, well all except LTC I suppose, but that is a very old one.

I guess that it is a clear indication that people are after high risk high reward stuff that will make them a lot of profit. Sure it is possible that these type of lists do make people a lot more money, but it is also quite possible that it is not really profitable at all, they could end up at zero or nearby as well. Why risk so much for higher reward when you know that you will have a reward anyway with minimal risk in other places?
3478  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Popular Cryptocurrencies Of 2021 on: November 05, 2021, 08:01:01 PM
In this year many cryptocurrency Will get bright future but the Bitcoin is the one of the best coin in 2021 and this coin is very popular in all the coins and this is the one if the best coin who survive very fast and they will get better Position.
Like as usual, bitcoin is most popular cryptocurrency of this year as well. But, I am sure most people here never accept this and going for shit coins which is the reason they are regretting later on. When people are looking for popular currency for their investment purposes then they will definitely end up finding bitcoins from this forum or from google search still they are looking for some other coin because they want quick profits as they are not ready even for till this year end.

Such an increase that really changed a life if you have good amount from its early stage.
You have said all the required things. If we are investing into such type of coins only in early stage then make massive profits but for the case of bitcoin it is not like that even we can invest right now and if you are ready to hold for long then we can make huge profits for sure.
3479  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful with the hype on: November 05, 2021, 06:59:37 PM
It's true, the hype phenomenon in the crypto world is currently happening, such as the example of shit coins that are growing very much.. Almost every day there are new tokens created in crypto.. But if it's just hype, it will be very risk to investors
This must be another consequence of all the bull run in this crypto space and individual investors cannot do anything about that because being selective after strong due diligence while investing is falling within the category of our basic responsibility. So, smart trader never bother about such type of hypes but they will focus only on their research to find out a highly potential coin to invest with.

At the same time I am always worrying about the newbie investors because they are highly vulnerable to fall into such a trap. Most of the time devs are targeting on newbie investors because they are the only viable investors for them to easily convince to invest into shit coins.

When investors are following diversification principle very strongly then they will get chances to escape from hyped coins because they might be investing only very little money and not all their money into one single coin.
3480  Alternate cryptocurrencies / Altcoin Discussion / Re: I think Ethereum is more dynamic than bitcoin on: November 05, 2021, 01:21:59 PM
The most important reason for Ethereum's success is that Ethereum's smart contract adopts Turing complete technology, which makes the function of smart contract very powerful, and gives birth to popular application innovations such as ICO, defi, NFT, gamefi, etc.I think bitcoin has not changed and may not need to change.
This is the reason bitcoin is a currency whereas ethereum is not. Ethereum may not remain powerful when another platform with advanced features will be developed. No one could argue there would no chances for new technology to be invented to replace ethereum as litecoin was the leader in altcoin space and it was replaced by ethereum by providing new applications through smart contracts.

ICOs were in practice before etehreum was introduced to this crypto space and I would have to say ICO scams were happening in big numbers only after ethereum's smart contract as before ethereum, people needed a full coin development to go for ICO scams but after the introduction of smart contracts scammer were able to plan up anything in over time and made announcement topic here in the morning. In my opinion, ethereum ruined altcoin industry when comparing the good projects against scammy ones.
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