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3641  Alternate cryptocurrencies / Altcoin Discussion / Re: AUDIO massive pump after surprise Binance support on: October 30, 2020, 09:43:07 AM
~snip
yea because it's binance  Cheesy. I believe that Binance itself has a strong enough influence to pump coins. of course there must be some marketing they are doing, apart from that maybe in my opinion we have missed the opportunity because the pump that happened was high enough to reach a phase where it would go down, but who knows what happened next right
That's literally what I just said. That's what you get when you are too late, no more opportunity. I think you are just stating the obvious. A pump wouldn't be considered a pump if it wasn't high. I'm not sure if it stabilized, but I'm not interested in buying it anyway. It's hard to be part of the coins that pump. It's luck, or you have information. Shocked
3642  Economy / Trading Discussion / Re: $100 USD vs $10,000 USD Trading Capital on: October 30, 2020, 05:05:42 AM
I hear some people that doing trades and complaining about their trading capital.
I don't know why they would complain, but it's always better to have a larger trading capital when it comes to the value of profits.

So, does trading capital really matter at all?
Are there any disadvantages to having a low capital the higher one?
You could have the advantage when having a higher one compared to low capital.

You could have both of them run simultaneously, but only the capital is the difference. The amount of percentage that you gain would be the same, but you would have different amounts per trade, in terms of profit.

Let's say if you had a 25% profit trade.
$100 +25% (of the invested amount, let's say you went all-in, $100). The capital with profit would be $125
$10000 +25% (of the invested amount, let's say you went all-in, $10000). The capital with profit would be $12500

That's just proportional to the amount of what you invested in that certain trade. Which is like you concluded in your post.

My point is, having a higher trading capital will make you a good trader or successful trader?
In terms of capital, you wouldn't be considered a good or successful trader. It's always about the results that you get, no matter the capital. One advantage that you would have with a higher capital is that you can trade more than a lower one. Depending on your strategy, you could DCA (dollar-cost averaging) more than a lower capital. That's basically it.
3643  Economy / Trading Discussion / Re: Different level of risk in crypto currency trading on: October 29, 2020, 05:42:34 PM
There are things to consider before you get to trading. Below are the most important parts.
  • Know your risk - how much capital are you going to invest. Never invest rent money etc.
  • Know your Market - is its derivatives? Is it a spot market? Futures? Etc. Then learn what you can do with it.
  • Form a trading plan - never head on to battle without a strategy. The same goes for trading.
  • Be emotionally ready - losses are inevitable, never hold on too much and have risk management

I think you need to be aware of what market you are playing to determine if you will take the extra precautions or not. It depends on you. There is a lot of resources that you could read so you could improve. Take charge of your knowledge.
3644  Alternate cryptocurrencies / Altcoin Discussion / Re: AUDIO massive pump after surprise Binance support on: October 29, 2020, 03:13:24 PM
I guess I missed the ”beat” on this one, lol. Because it's AUDIO. Cheesy

Being part of the number #1 exchange for sure would create a lot of fuss and hype with announcements. Remember that they almost cater to everyone in the world, and if they recommend it, a lot of people will buy that just because of that support.

We won't know the real reason why they would be supporting it, but it has received a lot of hype and BTC.
3645  Economy / Services / Re: Roobet.com | Art Contest "Digital Art" - $1575 up for grabs! Ends October 31st on: October 29, 2020, 06:08:31 AM
Happy Halloween to Everyone!

"Mr. Scare-K-Roo"




Roobet Username: Crwth

3646  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: October 28, 2020, 02:41:45 PM
I wouldn't think that it would be more challenging; it's just that you are risking a hell of a lot more money; when you convert your BTC, it's going to be mentally challenging to gamble the same way. Imagine back then when BTC is still in its early days. Most of the gamblers that lost $100 ago then should be worth millions. It's always about value, IMO.

Profits would still vary on how much you are willing to risk so it would definitely change with the fluctuation of price.
3647  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Curio hit 5$ in near future? on: October 28, 2020, 02:40:06 AM
~snip
Absolutely, CurioInvest is very unique platform. They mainly worked with unparalleled car collectors. It’s being developed by experienced teams undoubtedly and promotion was too good. But they can't make it enough attractive for investors even shady exchange kill this project.
I'm quite confused about what you said. You just said the promotion was "too good" and then not make it attractive enough? You're contradicting yourself  Shocked. Additionally, I wouldn't say very unique but possibly one of the most elite type of project. Only a small percentage of the people in the world can get that amount of money and invest in luxury cars. Maybe if the owners collectively buy this token, and then, it would rise in price.
3648  Economy / Gambling discussion / Re: In-play or pre-match staking on: October 28, 2020, 02:11:22 AM
I did noticed predicting football is not easy, that is why betting company can not go bankrupted, people always stake and either gain or lose, but most people do lose.
As long as there are differences in beliefs and opinions with who can win and who the stronger team is, there would be two opposite gamblers that would be willing to bet against something. That's why a gambling company is profitable. Additionally, with the house edge, it's an advantage.

I will like you people to let us discuss about pre-match type of staking or in-play staking in football, which one did you prefer? Which one is more risky?
I feel more emotional with in-play staking, so I prefer pre-match. It would depend on the odds that I would have. I think it's riskier with in-play because you are more closely watching the match and it would hurt more. Lol.
3649  Bitcoin / Bitcoin Discussion / Re: Monthly Automatic Payment using Bitcoin? on: October 27, 2020, 02:47:14 PM
Maybe if you have a custodial wallet that supports automatic recurring payments, perhaps you could set it up there. Most of the banks have that kind of feature; perhaps there are custodial wallets in your area that could do that as well.

To be safe, I suggest a to-do list app or a reminder every time you need to pay that designation and make sure you have control of your funds.
3650  Economy / Speculation / Re: Analysis of recent Bitcoin fluctuations on: October 27, 2020, 01:16:02 PM
That’s the closest event that we know of and Possibly prepare for. I’m not sure what The candidates have anything with Bitcoin, but that's when I think it will affect the price of Bitcoin. For now, we can just enjoy that it's currently in the $13000 range. Hopefully there’s Another breakout.
3651  Bitcoin / Bitcoin Discussion / Re: What happens to my bitcoin if I die today? on: October 27, 2020, 07:59:58 AM
If you didn't give the key phrases for the wallet, it wouldn't be accessed anymore. It would be part of the void in BTC, lol Shocked. It's just easier to leave an instruction or reference to how they would retrieve your BTC. It's best to have it like that and make the instructions secure enough, so no one has access to it other than your children. Those recovery phrases would be the key for them to accessing it. If it's unexpected, maybe there's an unencrypted wallet software used by the person who died, and someone can get access to it. That would really depend on you.
3652  Economy / Economics / Re: First Bitcoin Mixer Penalized by FinCEN for Violating Anti-Money Laundering Laws on: October 27, 2020, 07:45:03 AM
The biggest concern now is the collection of personal details with regards to who uses their service. That could definitely affect the current mixers running unless they have their own personal identities safe away from any law. I'm not sure how he would get out of this one, though.

It can be compared to gambling, like the licenses of the famous online companies are based and legalized in another country. Since it's online, there is still access. That's what could happen to mixers.
3653  Economy / Trading Discussion / Re: Price of Bitcoin, gold and the unemployment rates in the USA. on: October 27, 2020, 05:33:25 AM
Checking your data, I see that upon January 2020, it had a similar shape with BTC and Gold. Highlighted even more on your 2020 graph. They probably have the same shape because the investors of BTC and Gold have their assets withdrew, and the response of people with the pandemic is the same, hence the same shape. Now that the economy is currently recovering, hence people are investing in the assets again.

If you look at it in the microscale, it's hard to determine the effect of unemployment because there's no significant changes with the BTC and Gold prices on the peak of the unemployment rates.

Is it possible to check as well the unemployment of country's that have the major users of crypto? Since the price of BTC is determined globally and not just one place, I think it could add to your analysis of this.



There are delayed (lag) effects on the pandemic and the unemployment rates. When the unemployment rates skyrocketted, bitcoin already rallied in V-shape. The announcement of the pandemic was made by WHO on 12 March 2020.
Those possible lag effects are the decision made by different companies to layoff their employees. It might have been a hard time for them for sure, but that's the reality of what happened during the pandemic.
3654  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: October 27, 2020, 04:01:37 AM
The first reason why it's not allowed to bring a lot of cash is to restrict money laundering. That is also a reason that there is no bigger denomination of bills within different countries. This depends on the value of the country's currency as well. You answered this already. I'm just making another point about what they are doing to prevent it.

You cannot fully impact your country of origin's economy unless you have the majority of it. It's not going to be beneficial for the country and exchange your current money, too, unless you have big stacks again. The same goes for any other kind of asset. If you are talking about small amounts, it isn't imperative. It's not the main reason it's being banned, but it could be a part of it. The majority is still that those countries that do not influence Bitcoin don't like the idea to have their citizens using this non-taxable thing if not declared.

I'm not sure how Bitcoin could destroy the economy with your reasons, but what I can see is that it's improving the financial aspect when Bitcoin was born. It influenced cashless transactions all over the world with a click and made it easier. It's the start of a great improvement.
3655  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I don't know what to put in title on: October 26, 2020, 01:35:03 PM
I think you should learn that you shouldn’t be Frustrated with what happened because you didn’t even hold that 10 ETH, And you only lost 0.2. It’s a disappointing event, but you just cannot predict the future, and that’s ok. So don’t be so sad and push forward.

P.S. i have thought of a possible title for this topic “Lesson Learned will improve today” something along those lines.
3656  Bitcoin / Bitcoin Discussion / Re: Regulation possible? Regulation Inevitable? on: October 26, 2020, 06:42:18 AM
If there are more people involved, it would even be more inevitable. I know it's not the ideal position for Bitcoin, but I think it's necessary to protect everyone from unwanted scamming. That's probably their main concern.

If you are concerned with that, make sure you don't re-use addresses. With that, you could be more private with your transaction, etc.
3657  Alternate cryptocurrencies / Altcoin Discussion / Re: Most popular altcoins on Bitcointalk. Kind of. Probably not really. on: October 26, 2020, 05:22:10 AM
As for CMC - I wouldn't expect it to match Bitcointalk. My goal was to find out what is popular here regardless of what other rankings are, but I don't think I succeeded with that. For example I would have expected XMR being more popular, perhaps ETH too.
I realized something isn't that going to be the most viewed? If it's terms of popularity=views and not the most post count?

Or maybe it's fair the way it is. Bitcointalk is dominated by spammers. Most spammy altcoins win here.
If the metric for popularity is the number of posts, definitely most spammy thread wins. They win the crown of "Most Shilled Altcoin in Bitcointalk"
3658  Alternate cryptocurrencies / Altcoin Discussion / Re: Most popular altcoins on Bitcointalk. Kind of. Probably not really. on: October 26, 2020, 04:55:56 AM
What I got in this thread is that, no matter how many posts you have, popular your coin is in Bitcointalk, it doesn't correlate to how well you will be ranked in the official rankings when it comes to value. Dash is #31 based on CMC.

Maybe you could add the thread creation date as another parameter? Maybe how effective and efficient their thread is? Does the Creation date matter to be at the top?
3659  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple considering moving to UK on: October 25, 2020, 01:55:00 PM
Definitely, no difference between the Ripple Investors and HODLers, because it's just a place of operation unless the head of operations starts dumping *ahem*. I know that the UK is more open to cryptocurrency businesses because I have seen different companies establish and incorporate their business there.  I think it's an advantage for them to be there. If they have a person who is spearheading there, it's even easier. Let's see how it will turn out.
3660  Economy / Gambling discussion / Re: SURE BETS with Bitcoin on: October 25, 2020, 07:34:57 AM
Is this the one you are talking about?

https://en.surebet.com/surebets

It seems that they have an algorithm in which they could collect all the possible data and calculate the stuff that you might need. It's going on the filters area. With whatever you might want to check, they could easily tell you what matches that suits your filter. I see at a glance these parameters can be filtered:
  • Event time
  • EV
  • Odds
  • Your Bookmakers
  • Sports
  • Possible outcomes

I think it would make your bets have an advantage by checking the probability using the site. But the full feature has a payment plan, though. I don't know if it's profitable or if someone is actually earning with it.
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