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361  Economy / Gambling discussion / Re: Why are you gambling? on: November 18, 2019, 12:41:52 AM
I mostly gamble for entertainment, though I'd also love to win a large amount of money. You're statistically very unlikely to win lots of money through gambling, and house edge and fees on many games makes it unlikely you'll win over the long run with gambling, which is why I don't place a large amount of my money on gambling, but it's a great fun if you handle it properly and you realize the risks and don't spend more than you can afford to lose. I probably spend a few hundred weekly on gambling, though this amount fluctuates depending on how much I've determined I can reasonably spend after factoring in daily expenses.

I play both in real-life casinos and in online casinos, though I tend to use online casinos more because they're more convenient for me, and I don't go out to play with friends extremely often.
362  Economy / Trading Discussion / Re: Are you holding Bitcoin? on: November 18, 2019, 12:34:20 AM
Yes, and I'm still holding a large amount of the coins I accumulated around 2016 and early 2017, which makes my average price of entry much lower than the price we're currently at. I also trade a certain percentage of my holdings regularly, though I typically risk a very small amount of that money per trade. I've made many times more holding Bitcoin than I likely ever will trading it, and I'm fine with that.

The majority of people are also not profitable at all whilst trading. That's statistically the reality of trading, and that makes holding an extremely easy and still profitable thing to do if you can afford it. The golden rule is always to never invest more than you can afford to lose, no matter what the circumstances may be. Nobody knows where Bitcoin's going, though we can make guesses based on certain factors.
363  Economy / Gambling discussion / Re: Gambling with Fiat or Crypto? on: November 18, 2019, 12:31:26 AM
Eh, I'd rather gamble with crypto online because I don't initially have to submit any verification to gamble, and I've never had any issues with winning large amounts such that sites start asking me for verification, but then again I also look into what sites do this every now and then and I also don't gamble terribly high amounts of money. Doesn't make any sense at the moment to gamble with crypto in a physical casino IMO though, because it's just way easier to pay with almost anything else in that instance, no matter how fast transactions or confirmations might be.
364  Other / Beginners & Help / Re: [Guide] How to know if your email address was part of any data breach. on: November 14, 2019, 11:27:37 PM
Another site that I've used to see if any of my emails or passwords have been leaked is Spycloud (click for direct link) which also happens to show the password(s) attached to your email when possible; if you get a long string for the password, it's likely because the password's been hashed and isn't immediately decipherable. The site also doesn't seem to have access to nearly as many databases as HIBP, though, and it's possible you might end up on a spam list from using the service even though they suggest it won't.

You should still be changing your passwords regularly and especially if you know it's been part of a data breach regardless of whether or not it's been hashed or encrypted anyways though, and so I still mainly use HIBP as a result.
365  Alternate cryptocurrencies / Altcoin Discussion / Re: Which one makes sense on: November 14, 2019, 10:24:38 PM
I would say before fundraising starts, though you'll likely experience success too while running a campaign during fundraising. The entire point of bounty campaigns is to make noise on the forums about a particular project, and if you're only running a bounty campaign a short time before whatever token or coin you're marketing starts up, you won't get as many sales. The same goes for starting a bounty campaign during fundraising, though if you run a campaign through to the end of fundraising, you might get people FOMOing near the end as things are closing up. Campaign participants might not be as happy if you start a campaign before a solid price for the token is revealed or before true fundraising, but it makes sense from a manager's point of view.
366  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Bifun Real Or Fake? on: November 14, 2019, 10:11:08 PM
Seems like the domain's been registered since about 2017 according to a whois lookup I just performed, and the site's paying out an extremely low amount of money so I imagine this isn't 100% a scam, though if your goal's just to earn crypto, this isn't the most efficient way to do so unless you also find the games here to be fun. Just a glorified faucet as you said, and you're making basically nothing from using the site. Not a big fan of this system; there's way more productive things to do to earn online.

Pretty funny to me that the coinpedia review of the site lists a negative being advertisements even though the site likely depends on ads and the offerwalls to make money; adblock should take care of this if you care about the site enough.
367  Economy / Trading Discussion / Re: Be careful with margin trading. (story) on: November 14, 2019, 10:04:53 PM
It's especially important that you set market stops especially if you're trading using leverage or margin as well. I've had many instances on sites like Bitmex and elsewhere when prices were moving strongly in one direction and blew past my limit stops, and even though there's potential slippage when you're using market stops and you're also paying more than with a limit stop, it's still worth it IMO.

It's also generally not a good idea to follow signals word-for-word 100% of the time (because everyone's wrong occasionally), and you should always be considering the risk to reward of whatever signals or trades you're taking. Many people typically risk 3% of their total trading balance per trade, and depending on your stops you can adjust your positions using leverage optimally. If your stop is close to your entry, you're able to use a larger position while risking the same amount of money as a smaller position that's got a stop farther away.
368  Economy / Trading Discussion / Re: Why Newbie Traders Lose money? | Risk Management Basics on: November 14, 2019, 09:01:21 PM
If you're especially new to trading, you don't necessarily need to set profit targets for yourself to reach at first either. I found that I got extremely stressed and performed worse when I started out trading and trying to hit my own personal targets, even when those targets were low, and most people extremely new to trading crash and burn a few times at first as well. You should still be adhering to your risk management plan whether or not you've got a profit target, though.

Also realize that you should not be basing your stops only with the R/R ratio. The market does not care about where your stops are, so use technical analysis whenever possible first before worrying about whatever R/R target you want. You'll be stopped out less this way. I also don't believe in having a certain minimum R/R per trade; this varies from situation to situation and there's times when the R/R of one trade's lower than another, and that's just fine.
369  Economy / Gambling discussion / Re: [POLL] Gathering Ideas for New Site on: November 14, 2019, 08:52:46 PM
Not exactly something new, but at least trying to answer tickets and having a relatively fast response system's also important for your site. Almost all casinos end up having at least some problems, which is inevitable because not everything's perfect, and by having a support system that's responsive, you'll be avoiding negative feedback towards your site and potential scam reports around here.

I enjoy crash a lot so I responded to your form accordingly, though I do also think that it's been played out maybe too much and there's not much more to improve on with crash because there's really just not much you can tweak about the game to make it more interesting. I've seen some other sites do different animations than with the many Bustabit clones out there, but that's not enough to make me switch over to a new site IMO.

I'd also suggest you add some option of investing into the site's bankroll. Fewer and fewer sites are offering investing, and even though some people find this to be a bit too risky to be worth it, I still like to have the option to invest, potentially with leverage as well.
370  Economy / Gambling discussion / Re: How Much Money You Need To Win To Stop gambling, Is This Possible. on: November 13, 2019, 11:38:29 PM
I realistically won't ever stop gambling, though I'll consider gambling less if I do ever happen to win some sort of major jackpot, though this is extremely unlikely for me personally because I'm not a fan of buying lottery tickets or jackpot-style gambing; I typically play crash with a small bet and I also bet a medium amount of money on esports gambling, though I never put very much on underdogs and even if I do win an underdog bet, it's usually not a lot. I've always found it a fun activity to do, and unless something comes up that makes me lose my interest in gambling, I'll keep gambling for a while.

Most people won't stop even after winning a major jackpot partially because of greed, and I expect greed would affect me at least a little bit if I ever happened to win as well, though I won't think too much about it 'till it happens, if it ever does.
371  Alternate cryptocurrencies / Altcoin Discussion / Re: What type of Cryptocurrency is used in the Deep Web for transactions? on: November 13, 2019, 10:42:15 PM
If you're just talking about the marketplaces, Monero and Bitcoin are two of the more popular ones I've observed being used over the years surprisingly, and even though by logic it makes more sense to use Monero for its generally better security and anonymity, most places primarily accept Bitcoin and then other alts like Monero and Litecoin when possible, especially recently. Bitcoin still being so popular on these sites is probably at least a minor part of why mixers are still as popular as they currently are too, though there's also a large number of people who use mixers that just want to stay at least semi-anonymous.
372  Economy / Gambling discussion / Re: Have You Counted Or Estimate All Your Losses And.... on: November 13, 2019, 10:36:19 PM
I've never tallied up all my total losses in crypto-based gambling because it'd take away too long because I use a number of sites with different games, but if I had to guess, my total losses would likely be in the thousands at the minimum. I'd likely have spent that money on other things like in-game accessories for games like CS:GO or on other entertainment-related expenses where I'd never get my initial investment back either way, though, and for the amount of fun I've had over the years with crypto gambling, I'd definitely say it's been worth it. Sometimes you pay a price for enjoyment.
373  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt-coins with practical use on: November 13, 2019, 09:54:22 PM
I've found Litecoin to be relatively practical for payments in the past few years that I've been using it. I keep it as part of my portfolio that I utilize when Bitcoin transaction fees become unusually high such as in late 2017 to early 2018, and it's accepted in plenty of places due to the coin being popular in the past, even more than some other coins like Ethereum in my experience. Definitely not the cheapest or fastest coin to use, but it does the job just fine. Litecoin also has a Lightning Network and it was implemented earlier than Bitcoin's, though I've found very few places accept Litecoin LN payments just like with BTC's.
374  Economy / Gambling discussion / Re: Longest Break You Have On Not Gambling on: November 13, 2019, 09:42:12 PM
Probably a couple of weeks when I've been on vacation over the years. While I do enjoy gambling a lot and I tend to gamble every week normally after work, I typically just gamble because I don't have much better to do and I'd much rather be doing something else than gamble if I'm given the opportunity. There's also been times where I've stopped gambling because of somewhat large losses, though those losses have been reasonable and I wasn't ever risking money I needed for vital daily expenses.
375  Economy / Gambling discussion / Re: Need your opinion about actual Crypto Casinos (and how future ones should be) on: November 13, 2019, 12:49:41 AM
1. My favorite games are crash, dice, and roulette in that order. Crash has been out for a while and there's not much that can be done to change the game up, but I've never gotten tired of it.
2. Bitcoin. I also have a few other altcoins for use when transactions become expensive with Bitcoin for reasons such as an unusually clogged mempool and/or when block times are unusually long, though.
3. I mostly withdraw Bitcoin as well. I don't use other alts very much, and my goal's always been to stack up more BTC so I always withdraw in Bitcoin no matter how transaction times are. I can wait.
4. Investing and a chatbox. Investments on sites have always been fun to do, and some places also offer leverage which switches things up a bit and allows you to take a bit more risk on your investment. Chatboxes are interesting for all sorts of discussion, and I've discussed plenty of things in online chatboxes on casinos and elsewhere as well.
5. I'm strongly against KYC for crypto-based gambling. The main advantage of gambling online with crypto is the anonymity it offers and the fact that you don't need to submit personal documents in order to gamble; if I need to submit KYC for a site I'd rather just gamble with fiat elsewhere.
6. I don't care about referral systems much because I never take advantage of them. I've tried unsuccessfully to try attracting people to my reflinks, and it's just never worked out for me. It might for people with some sort of following on social media or with sites such as blogs, though.

As for house edge, it does absolutely have an effect on whether or not I gamble on a site, though to an extent if a game's unique and also interesting to me I'll use whatever site offers that particular game unless the edge is unreasonably high. For a game like dice where there's not much variation between sites, I prefer to seek out the site with the lowest house edge that is also reputable.
376  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is going on here? Take a look at this pair! Looks sketchy on: November 13, 2019, 12:33:32 AM
Could be some sort of bot run by the exchange or some entity related to the exchange to generate fake volume on site as well, though this particular exchange seems to have been around since late 2017 and that makes it a bit more reputable in my eyes, though there's almost no discussion on these forums or on many other popular areas of crypto-trading related discussion. Not saying it's not legit, but I would suggest against putting an excessive amount of money on the site.

A ton of larger and more reputable sites also allow for the trading of Tezos, like GDAX, OKEx and Kraken in addition to Binance. Plenty of better options out there.
It seems you're right it generates a fake volume because the exchange already has a bad reputation here on the forum and some reported it in the scam accusation.

Look at this below
- Exchange Big.One scam. False trading volumes. Fake tournaments. Theft of prizes

I saw some airdrop and bounty for this exchange here and the bad thing is it's not well-known exchange but they are gaining rank on Coingecko and CMC.


Yep, seems like the exchange is rated at #24 on CoinGecko for their list of top volume exchanges and #30 for adjusted and #35 for reported volumes respectively on CMC, but I'm not too surprised considering I know CMC had BitMax as the top exchange on their site for a few weeks or even months a while back, though I believe the root cause of the high volumes on the site was partially related to transaction mining or something of the sort. Interestingly enough, CMC also reports BigONE as being pretty high up on their new list of exchanges by liquidity, though I suspect much of that's also faked.
377  Economy / Trading Discussion / Re: Quick Noob Question about Traders on: November 12, 2019, 11:44:35 PM
Dunno if you made an error in your post, but Waxcoins.com doesn't even seem to be an exchange at the moment- it's a jackpot-style gambling site at the time I'm visiting it (Nov 11 2019), and I don't think the site's ever supported trading.

As for Hustrade, seems like the site's a scam. The only thing I can find searching the term is an old Reddit post with no information leading to another now-deleted Reddit post about the site, and it's pretty suspicious that a trading site's been down for so long without any sort of update too. Try taking your coins out of the site if it comes back.
378  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is going on here? Take a look at this pair! Looks sketchy on: November 12, 2019, 11:09:13 PM
Could be some sort of bot run by the exchange or some entity related to the exchange to generate fake volume on site as well, though this particular exchange seems to have been around since late 2017 and that makes it a bit more reputable in my eyes, though there's almost no discussion on these forums or on many other popular areas of crypto-trading related discussion. Not saying it's not legit, but I would suggest against putting an excessive amount of money on the site.

A ton of larger and more reputable sites also allow for the trading of Tezos, like GDAX, OKEx and Kraken in addition to Binance. Plenty of better options out there.
379  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunters do not need to wait for altcoin season on: November 12, 2019, 11:02:46 PM
Also depends how long you're willing to wait for another 'alt season' to come around- there's no guarantee that Bitcoin's going to start rising in the future, even though it does look like it given the halving's just around the corner and Bitcoin tends to start going up a while after halvings and alts tend to follow. I do agree that it's generally a good time to accumulate altcoins though, and if your primary method of doing so is through bounty campaigns, go for it.
380  Economy / Trading Discussion / Re: Trading Bitcoin: Chess Masters vs. Surfers on: November 12, 2019, 10:39:21 PM
Most remotely successful traders I know don't rely a ton on their instincts and let their analysis, trading and risk management plans to make decisions, and IMO it's especially important for beginners that they follow rules closely until they gain more experience because emotions are usually the main thing that causes people to lose money. There's been a lot of times in the past and especially recently that my gut's been telling me to close out a position early or cut losses extremely early, but my analysis and plan has said otherwise and saved me. It's definitely up to your style at the end of the day, but most people will find following a plan to be the best way to go about trading.
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