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3641  Economy / Gambling / Re: BITDICE.me - Crypto Casino 🎰 Now Accepting EOS | Roll Hunt | Bonuses on: January 27, 2020, 11:08:06 AM
People should learn to see the difference between casino and the coin, that is the whole point here. Just because they have the same owners, everyone thinks that they have to be tied in the sense that there is connection between website to coin that somehow if one fails the other fails as well.

I will try to ignore GP as much as possible but just to even help him understand the situation, investors do complain, even here if you read the last 5 pages you will see that there are plenty of investors who complain about the Coin issue, however nobody can deny the fact that casino part is provably fair and legit and never scammed anyone ever.

Maybe owners of this beautiful and legit casino tried to do an ICO and failed, maybe they are too slow, maybe they will be good, we don't know what will happen with the coin but as you can see there are plenty of people who complain and simply put all people can do is wait for website development to finish, if you can't wait for it... well not like you can do anything about it, so best case is waiting.
3642  Economy / Gambling / Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting on: January 25, 2020, 05:10:54 PM
Ah damn I forgot to play on majestic this week, I was going to but totally forgot it, lets see what would have happened this week if I played, I had that strict strategy I found here about "the top scorer of the team that is favorites to win" mentality, sure sometimes I pick players who are injured or red carded Cheesy lol, however it has made 3/7 2 weeks in a row, if I played this week I would have played the same way, I think that will literally get at least a 5/7 this season for sure, I will keep on doing that until the year ends and maybe find another strategy next year if I find something that suits me better.

In any case see you guys all on Monday and I hope to hear you all made at least 5/7, possibly more. If anyone else uses my strategy as well, let me know how it goes before I have to check it myself.
3643  Economy / Trading Discussion / Re: What kind of crypto trading do you recommend with $50 investment? on: January 25, 2020, 08:02:28 AM
The amount you have is not the problem, you can trade with that $50 and grow it gradually to a huge amount. My only problem is that it seems that you’re still new and have not tried day trading before and with this you might end up losing this money in the process trying to understand how day trading works.

Wished you had extra money like $500 and you’re using $50 to give it a try, that way you will have $450 left and if you do lose part of the $50, by that time you must have learnt how it works and then start trading to recover your losses. Unless you’re going to do serious training before you start trading. I will advise you make use of these demo accounts to see how it works first.
3644  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: January 22, 2020, 03:26:14 PM
Yeah we have great 4 games today, I wagered on all of them and hope to have a good result today, probably will take myself out to dinner if I get all 4 of them right (I didn't do parlay this time because I was scared since the last time).

Liverpool can definitely beat wolves but honestly Liverpool can win against anyone, even if it was city they were playing I would say Liverpool, united against burnley looks promising, they have been decent recently, Leicester will certainly comeback and beat west ham after what happened with Southampton, only thing I am worried about is Spurs because they got a tie last week with watford, mourinho haven't been able to turn things around just yet, they are still clear favorites tho so I bet on Spurs anyway. Lets see if we can get all 4 right this time.
3645  Economy / Speculation / Re: Backbone analogy for BTC current & future price movements on: January 21, 2020, 05:50:01 PM
What you have been missing out is that "hard hold" people are not selling their coins, so they are not deciding on the price neither.

I don't agree. They are impacting the price. I'll give you an example: if a market where composed of 4 people & each of them had 1 apple. Lets suppose 3 of them are hodlers (value apples at double the current price) Then if someone wants to buy 1 apple, the price would not change. Because one of the sellers is running out of cash and wants to sell fast (values apple at the market price). So the price doesn't vary, but if the buyer wants another apple, then he will have to offer much more to get it and so the price would increase dramatically. The same happens with the bottoms. People are not willing to sell at the current price, so the only way to buy is start offering more until soft hodlers start selling.
I understand why you think like that but there isn't 4 people on the market, it does change a lot when the number of people involved changes. Plus, the holders are silent so we don't know what they think the price is.

In this scenario there are 100 apple sellers, 20 of them do not talk about selling and they just want to keep it on their trees or storage, the other 80 decides to sell, one sells and price goes down, the other buys and price goes back up, then 20 of them sells and price plummets, another 10 buys and it went up a bit, and many many movements like this while the silent 20 is basically doing nothing.

There is never a "not selling impacts the price as well" as much as people actually selling and buying. You are right that it has an impact but not like people who actually sell or buy.
3646  Economy / Gambling discussion / Re: 2020 NBA Season on: January 19, 2020, 04:00:31 PM
Rockets will not continue like this, they are a good team and usually play better but this was just a bad game for everyone who wasn't Harden or WB, I am sure the role players will play better in the playoffs. However, Lakers are on a different story right now, they are actually having fun and entertaining crowds, that hasn't happened since 2000 or so when Shaq entertained the crowd as well, even on 2008-2010 run Lakers were good but they weren't "entertaining" or happy to play, it was Kobe obviously who was fierce and that is good basketball to watch but I haven't seen a Lakers team so happy to play together since Magic times probably.

I honestly think that they became the best contenders in the league as soon as they became a team that has fun together as well as being so talented.
3647  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: January 19, 2020, 02:36:12 PM
Just because we were able to make money in these last 2 weeks do not forget the hard times we have been through.

Looking here in the past few days people have been talking about how its not that hard to make money from the crypto world and how in 2019 we had a great bull run as well (even bigger than current one) and we could have made money, that is not the reality for people who also bought in during the bull run and lost money, so do not consider yourself lucky just yet.

Whoever buys at the top will always be doomed to lose money, whoever buys from the bottom will make money, those two different people will never understand each other at all. Of course, we are in a good situation right now, hopefully it will continue like this and we will break the 20k eventually but when we do, do not forget the old days where many people lost money.
3648  Bitcoin / Bitcoin Discussion / Re: What is the fate of Scammers if bitcoin later becomes a traceable Currency. on: January 19, 2020, 02:00:32 PM
Even right now Bitcoin can be traced and it has been done a lot of times. I have even seen someone that traced his scammer Bitcoin to Binance, though I don’t know if he later got his money back or whatever happened because I didn’t follow up with his story. You can trace a coin but the thing is that you won’t know the identity of the person, I guess only if it lands on an exchange.

Crypto scammers has been caught a lot of times. That’s why a lot of them are now making use of crypto mixers so that they can’t be traced, just like the Binance hackers. Scammers are stubborn, even if Bitcoin becomes traceable they will still trying their luck lol.
3649  Bitcoin / Bitcoin Discussion / Re: The use of Bitcoin on: January 19, 2020, 10:58:22 AM
Sometimes I see Bitcoin just as an idea that was created to show the world how far we can go with transaction, and soon governments will start to adopt this method of cryptocurrency to create their own extra currency that will be used in place of the current system.

Although that doesn’t mean that there will be an end to Bitcoin, even if all other cryptocurrencies should die off, I believe that Bitcoin will continue to grow. There are already countries that are creating their cryptocurrencies which will be issued out by the banks, I don’t know how this is going to work out but I really hope to see them soon. Back to the topic and my answer for the real use case of bitcoin would be multiple things and not just a payment processor.
3650  Economy / Speculation / Re: Backbone analogy for BTC current & future price movements on: January 19, 2020, 10:20:35 AM
What you have been missing out is that "hard hold" people are not selling their coins, so they are not deciding on the price neither.

So, let's say the market is filled with people who wouldn't mind selling for 1000 dollars right? Now why would they sell at 1000 when price is almost 9000 and that is correct but from $9k to $1k if everyone started selling and didn't mind selling as well, the person who is "hard hold" will not have any say in it until they actually went up and buy.

So, the bottom is not actually people who decline to sell, it is people who are willing to buy at lower levels, it is not about who will "not sell" at $3k but more about who will "buy as much as they can afford at $3k" levels, that makes it a bottom. People who do not sell only helps the price not go down in the sense that if they sold the price would go down, it doesn't "stop" price going down but it also doesn't causes it neither. Add that and you will be right with all the rest.
3651  Economy / Speculation / Re: OMG, BitCoin is spiking !!! What is causing this ??? on: January 18, 2020, 05:05:59 PM
With the news of war dying down and nothing major going on, I feel like this bull had nothing to do with the mainstream news, I mean looking at it now it is at a healthy level even tho nothing is going on in the world right now.

I wouldn't be shocked if we get to learn that there was absolutely nothing related for the spike and it was just a due time increase that people started to buy at the same time triggering even more and more and more people buying, that sounds as reasonable as all the other theories put forward. Of course, there has to be some sort of logical explanation why people said "enough" in the past 10 days instead of any time previously or in the future, but what happened has happened and questioning why will not change the price in the end.
3652  Economy / Economics / Re: Is there formula for bitcoin price ? on: January 18, 2020, 04:21:16 PM
Unfortunately there is not. Normally when you are buying a stock you can check the details of the company by looking at their accounting and their finances will tell you how much it worths, you can figure out what a company is worth in marketcap and you can divide that to number of stocks and find out how much one stock worths, with that method you could either see it being undervalued or overvalued and make your investments in that regard.

However in crypto world nothing like that happens, one of the legit criticisms of bitcoin is that, the value is made up and is not backed by anything and normally is worthless but people give it a value. That might be true but same goes for basically everything, so bitcoin has no formulation, theoretically it could become 1 dollars or 1 million dollars and both are mathematically possible things.
3653  Economy / Economics / Re: Global Wave of Debt Is Largest, Fastest in 50 Years on: January 18, 2020, 02:16:29 PM
Countries going back to gold backing is not something they can do anymore, they have abondened it so long ago that not many countries are at a level where they can get that much gold. They have printed money out of thin air for too long, think about what the USA government would have to do if that was tech case, they would have to get trillions of dollars worth of gold and that is not an easy task to achieve, there are few nations like china and Germany that can do something like that because they don't have huge deficits like the other nations.

Backing with bitcoin would be very difficult as well because the reality is price of bitcoin is volatile and unregulated and decentralized, meaning you can never have certain amount of bitcoin, it could go down or up and change your calculations
3654  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency will not replace fiat currency on: January 18, 2020, 06:42:14 AM
Who here really thinks that fiat currency will be destroyed and will never be used ever again? I mean that doesn't make sense at all, fiat currency is what the economical world around us is built around, I am not talking about the cash banknotes in your hand, I mean fiat in general, all those bank accounts all those stocks all those forex everything has fiat in them.

If one day humanity gets better and better and we reach to a point where we are doing interplanetary exchanges between goods, I am sure that it will be fiat that we pay those things in, maybe dollars or maybe something new but it will still be fiat. There is no reason why people should leave fiat aside and use crypto, both of those things can coexist together just like they are now, nothing has to change for it to go bigger in the future.
3655  Alternate cryptocurrencies / Altcoin Discussion / Re: China Government Cryptocurrency on: January 18, 2020, 06:05:52 AM
I am not entirely sure how they will do it tho, not in the developer sense of the word because they have amazing developers there, they literally keep attacking the whole world and manage to hack many places so I doubt they have any lack of developers. No what I mean is, crypto takes power away from the powerful and shares it with everyone, it is truly democratic and that is why it would be very weird for a country like China who actually ends up killing anyone who opposes the current regime, I doubt they can ever be truly democratic as long as CCP is there and that means having a stablecoin would be very difficult for them.

Will they actually check what people are doing with that money? Will they put trackers on every movement? I mean how can they hope to stay a dictatorship AND have stablecoins at the same time?
3656  Economy / Trading Discussion / Re: Newbie looking for some strategic advice on: January 17, 2020, 10:44:42 AM
You said you already have some good coins that you know are likely to increase in price if you should invest in them for long term, in about six months to one year, so I would suggest that you start with long term trading. There has been a lot of speculation that Bitcoin price will increase after the halving.

People are saying this because after the last two halving there was increase, so they are believing that same thing is likely to repeat itself and I have seen some people do some serious technical analysis to prove this. And another reason you should start with long term is because it’s easier than the other ones you have mentioned.
3657  Economy / Trading Discussion / Re: Stop Loss, A life saver or a evil? on: January 17, 2020, 09:57:12 AM
Most things, if not all, has two sides (advantage and disadvantage).
If you’re making use of stop loss in trading and you’re not there to continue it after the trade has been stopped due to going the wrong direction, then you’re likely to miss out if things should get to a better line and start moving up.

But whatever, we should still call it a life saver because it’s not every time that the price of asset would go down and rebound, most times when it starts crashing it just continues to fall to a lower price till you lose everything. Stop loss is mean to save you from such situation where you are likely to lose everything.
3658  Economy / Trading Discussion / Re: WHICH CRYPTO MOBILE APPS DO YOU USE? on: January 17, 2020, 08:29:06 AM
Hey traders! I'm curious which apps do you use and why?
Is it safer to trade via pc/mobile/no difference?
Thank you
There’s really not much difference, if there is any difference maybe I just have not noticed it. I make use of several apps on my smartphone and since I’m not the type of person that likes carrying my laptop around, my smartphone has always been a better option. Most times when I’m going out I keep laptop and I spend a lot of hours outside and come back late night, not enough time to trade by then. So with my smartphone when I’m out I can check the prices and also trade if I want to.

My phone is fast, there is nothing like being slow or some sort of problems. I make use of Coinbase and I get price notifications a lot of times and sometimes I set custom notifications and it works. I also make use of the Waves decentralized exchange mobile app. Using your computer is good because you get a wider view I guess.
3659  Bitcoin / Bitcoin Discussion / Re: Opinion on "bitcoin, XRP and crypto in general are scams" on: January 17, 2020, 06:51:20 AM
Sit back, relax, and enjoy the game while it lasts.

At the end of the day, what they call scams will become the leading currencies.

That is unstoppable.
These kind of threads might actually be demotivating for the community and especially for all those who have newly started investing into the cryptocurrency markets. Peoples have an greedy nature and if they do not find any profits in any of the commodity than they might consider it as a scam.

Peoples have made excess money by investing into the cryptocurrency markets but yet the number of peoples who have been ended up themselves in looses are greater so those peoples might not consider investing into the cryptocurrency markets profitable for themselves. I have seen a number of peoples who are not much related to the cryptocurrency markets but yet they do consider those markets as scam.
3660  Economy / Marketplace / Re: Ideas Needed for Easy and Passive Monthly Income * REWARD * on: January 17, 2020, 05:36:42 AM
Looking for ideas..
You can individually hunt for such countries where you could get free education and medical support but why are you willing to shift in those countries if you could make a passive source of income from your residential place?

There are a number of platforms which might offer you a stable source of income and if you want to take least efforts in making some source of income than I might suggest you to start copy-trading offered by platforms like eToro or something similar where you could just invest a specific amount of money and can watch you capital grow as long as the trader you are copying is actively trading and earning some profits for you.
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