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August 08, 2024, 08:37:42 AM *
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41  Economy / Gambling discussion / Re: Summer Olympics 2024 on: July 29, 2024, 05:22:53 AM
Japan soccer team is the best. No Over 23s like everyone else. That is frigging impressive!!

Also Meh, I don't like woke nonsense, but I equally don't like antiwoke ranting. People can do what they like, if it's nice for me I look if it's not nice for me, I don't look.

We have 99% of time girls flashing tits and booty at us, if 1% of the time some guy flashing his d*ck at the TV, I can care no less.

I heard she got banged up today or something Huh

You mean she got pregnant? During Olympics? Smiley
42  Economy / Gambling discussion / Re: ⭐⚽⭐ Sportsbet's Bitcointalk Sports Fanatics League (BSFL) – 10000$ rewards ⭐⚽⭐ on: July 29, 2024, 04:02:18 AM
Woohoo! I rarely log in so early usually I wait until my lunch shift is tarted before taking my time but I was waiting loooong time for this one, I have to do something extra extra this season to stay up, can't bear the shame of triple relegation lol

By the way Cro2: Can I request if I left anything empty? I got so excited when I reached the end I clicked Submit but forgot to check if I entered every question Tongue
43  Economy / Trading Discussion / Re: Some little advice of Bitcoin and cryptocurrency on: July 28, 2024, 09:37:19 AM
When it comes to crypto, it’s no doubt that there is no diversification needed as long as you focused more on bitcoin and accumulate more through DCAing regularly. However, if you wish to invest out of crypto so you can secure more profits in the future, that could also be a very wise option. Diversifying your investments does not only mean limiting in crypto, but you can also start dealing with non-crypto potential investments

That's my whole discussion since the beginning Smiley I think it's usually other way around however. Crypto (Bitcoin actually) is the diversification of investors who naturally first had non-crypto investments.

Maybe Gen Z are the first ones who first invest in Bitcoin, then traditional, but I don't think there are many. Most Gen Z start with Robinhood stocks.

As far as cryptocurrency is concerned, Bitcoin is the only asset that you can invest in and go to sleep with your two eyes closed.

Only if the sleep is multi years though Smiley Daily sleeping and checking is a nightmare for firstimers Wink
44  Economy / Gambling discussion / Re: ⭐⚽⭐ Sportsbet's Bitcointalk Sports Fanatics League (BSFL) – 10000$ rewards ⭐⚽⭐ on: July 28, 2024, 07:55:26 AM
@mv1986 GL on the first round!!

@Slissy and @Trofo sidebetting, who wants 0.5 mbtc similar to that? Above me win, below me lose.
This must be free money😁 Are you still accepting? If I lose, you win 1 mbtc and if you lose, then i win 0.5 mbtc! good deal for you😁 I have faith in my team 😁

Lol Slissy, free money? I'm a big relegator but I have faith in myself this season to keep high, and to possibly sell my position in new season if it happens.

You are on!

Update: 0.5mbtc for Slissy (if I win 1 mbtc) and 0.5mbtc for Trofo (whoever finishes higher wins). I'm loving this opportunity thank you Slissy lol
45  Economy / Games and rounds / Re: 🚀 Sportsbet.io ⚽ Olympic Football ⚽ Round 1 - Matchday 3 ⚽ 30 July on: July 28, 2024, 04:25:49 AM
20 goals
46  Economy / Economics / Re: Bitcoin's volatility doesn't make it a bad store of value. on: July 28, 2024, 04:25:42 AM
Most people completely ignore the fact that Bitcoin is such a young market. Any young market is going to be super volatitle, and for a long time, in period of minutes, hours, days, weeks.
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This is what in my mind as well, people judge nascent, not matured asset by volatility, of course they'd find out that the price fluctuates a lot but over the course of the year and as the FDV grows it will be more stable.

the same people will probably say a blue chip stock is a good store of value meanwhile at these blue chip stock early stages it's also full of price volatility as well, the price swing as wide as BTC in its early days.

And that goes to show just what kind of people we have in mainstream trading. Not proper traders but amateur gamblers, who see one asset the same as others, and whining about volatility. We all remember before 2000s blue chip tech stocks that exist today had crazy crazy volatility. But that's expected. And even today, it's possible for Microsoft to lose 21% in a day, which happened last week.

BTC is ONLY 14 years old around there (based on first market). If it's not volatile, it would be highly strange Smiley
47  Economy / Gambling discussion / Re: ⭐⚽⭐ Sportsbet's Bitcointalk Sports Fanatics League (BSFL) – 10000$ rewards ⭐⚽⭐ on: July 27, 2024, 11:41:46 AM
My club selling price is 5 mbtc, but I need to speak about different terms.

If you are selling I want to buy it for 5 mbtc right away. It sounds nice to invest in BSFL with the money came from fantasy last year.

I would sell for this price yes but I wanted 50% of any profits for first 3 years:P It's the cheapest pricetag among everybody, but that is also my extra term I want.

Anyway thou that for Season 6 now as I read all the responses. But it seems everyone agrees so lets see again next season @Spack17
48  Economy / Trading Discussion / Re: Seeking Feedback on a New DEX that you don't get Rekt on: July 27, 2024, 05:12:53 AM
Better still is to give tools to players that tell them exactly what price the token they're buying will liquidate their positions, with the amounts they have.

Then the tool also shows percentage drop of that.

And then finally, it gives them total times that percentage drop has happened for that coin.

This gives traders a real picture of the ACTUAL RISK they are taking. No DEX or CEX does this.
49  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 27, 2024, 04:27:27 AM
^ I think the guy is just pointing out that supposedly, if we lock tokens, they all go into their cold wallet. These can't be placed on exchanges until their lock period is over.

I don't know how it works in reality, but I think the system checks whoever locks amounts every so and so period, and then that amount is simply held in cold wallet.

Where else should they go is what he's wondering, I don't care honestly they haven't been open about it for many years.
50  Economy / Gambling / Re: 🚀-Sportsbet.io-🚀 Official Partner of Newcastle United Football Club on: July 27, 2024, 03:40:11 AM
Damn, a forum member actually got called out. 9.1% is actually a big percentage though, considering most lotteries, so you did well! I didn't even have a big number of tickets so I can't complain if I didn't win anything, good for you Smiley

Poor @Igebotz and @el che though because @Hhampuz gave them false hopes lol.

This tournament in London sounds interesting, it's poker right? Same one as the recent one?
51  Economy / Gambling / Re: bookmaker refusing to do KYC in advance - fortune jack btw- on: July 26, 2024, 03:16:50 AM
Asking for KYC in advance is a weird practice, is the first time I see a user trying it. But I feel like every casino should let their users to KYC their accounts before making a deposito, that way the user will build trust.

Maybe other casino let you do it, you should try with the most popular casinos.

It's not a weird practice at all. All online casinos that use license actually ask it in advance these days. Crypto casinos operate differently I guess and that's why I use them, because the traditional ones actually don't let me gamble.

I think the license jurisdiction is what makes it different hence why I only gamble crypto now.

So OP needs to understand, crypto casinos actually prefer not to KYC you unless they really have to. It costs them money and they don't need to do it for most customers. That said, if you can kyc easily, you shouldn't need to worry.
52  Economy / Economics / Re: Bitcoin's volatility doesn't make it a bad store of value. on: July 26, 2024, 02:17:30 AM
Most people completely ignore the fact that Bitcoin is such a young market. Any young market is going to be super volatitle, and for a long time, in period of minutes, hours, days, weeks.

The older the market, the less volatile, but if you pull the time duration out, actually all assets are volatile. Including gold!

Just look at gold price for past 20 years, and tell me that's not volatile?

So we need the perspective of market age, and timeframe.

Store of value over days and weeks is not a good timeframe. Store of value every few years? Yes.

And now ask the same for altcoins and you understand why they are totally shit.
53  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: July 26, 2024, 01:09:06 AM
Nice of everyone to agree about my post (by further posting about anything other than actual gambling on BV lol).

Come on guys, where are yours? If anyone sees me in chat, and PMs me when I'm online gambling, I'm giving you a small tip (using the chat). Lv3 and above only tho don't want all those damn bot players PMing me.
54  Economy / Gambling discussion / Re: ⭐⚽⭐ Sportsbet's Bitcointalk Sports Fanatics League (BSFL) – 10000$ rewards ⭐⚽⭐ on: July 25, 2024, 11:20:12 AM
My club selling price is 5 mbtc, but I need to speak about different terms.

Why? I always relegate division 1, but I always promote back, so I feel like I'm actually a pure Championship player. I accept this label Tongue

Ok, you are on. Can I count on reminding me we have this bet if I forget it? I know I will remember Slissy one since he is constantly rubbing my nose in it in BSFL chat. And I know I will return the favor this season if I am able to.

OK yes can count on me, because I will win it Tongue

Can we add it into spreadsheet for new season also? In case I lose and forget it lol
55  Economy / Economics / Re: Opinions on diversification on: July 25, 2024, 11:02:11 AM
Wow. I think I have never been quoted so many times on a single post. 13 times in just less than a day, and it's not even such a controversial topic. I am glad to see many others agree diversification is pointless, if not even completely wrong. I personally think it's irresponsible to advice people to do it. Bitcoin is the diversification. Spreading it into alts is gambling. I'm not changing my mind, been here too long to see differently Smiley

Wish new posters would actually go up and read old comments or at least on page 1.
56  Economy / Gambling discussion / Re: 🏁🏎️ Sportsbet.io🏁 FORMULA 1 2024 Season🏁🏎️Prediction Pool Discussion Thread on: July 25, 2024, 08:06:46 AM
As you are the captain of this pool, can you tell me how many top palyers are winning rewards in the end of season?

The prize pool nil_krokodil quoted above is completely correct. I should have actually added it to the OP. I'm going to edit the OP tonight to help everyone see it clearly.  Smiley  I really liked this prize distribution very much and I guess that it was darxiaomi's idea to make it like this. I would like to thank him once again for that. If I don't make it to much higher places later on, I would like to get that 2 mbtc as a consolation prize at least.  Tongue

Yes, please let me see clearly how much I'm NOT going to win lol.

I personally like less prize spots, bigger prizes, but I know majority of people want something to play for, and myself I understand the feeling of giving up when it's too far from top 3, so yes maybe top 5 or more is the way to proceed with all such pools.

I can't believe am throwing money away every f1 lol
57  Economy / Games and rounds / Re: 🚀 Sportsbet.io ⚽ Olympic Football ⚽ Round 1 - Matchday 2 ⚽ 27 July on: July 25, 2024, 08:01:58 AM
20 goals
58  Economy / Games and rounds / Re: 🚀 Sportsbet.io 🏎️🇧🇪 Belgian Grand Prix 🇧🇪🏎️ Prediction Contest on: July 25, 2024, 08:01:42 AM
1. Yes
2. Yes
3. Yes
4. Yes
5. Yes
6. Yes
7. Albon
8. Zhou Guanyu
59  Bitcoin / Bitcoin Discussion / Re: Rumor: Trump could declare a Bitcoin strategic reserve on: July 24, 2024, 03:24:03 PM
Germany made a very foolish decision selling billions worth of Bitcoin. Cool

As I did say much further above or in different post, kinda like @Lucius said. This was just normal procedure. They weren't hodling or gambling like Microstrategy does with Bitcoin, they were simply selling (liquidating) because it's seized funds. If it was gold, they would do the same, or USD, same.

This was money they suddenly had, I think they were very happy and we should be happy it's all sold and BTC is above 65k! Smiley
60  Economy / Trading Discussion / Re: Some little advice of Bitcoin and cryptocurrency on: July 24, 2024, 11:07:17 AM
Do NOT diversify your crypto investments. Only Bitcoin should be considered for investment. Even if you "diversify" it should only be to hold coins you use a lot (ETH for gas on Dapps, for example).
Diversification is not always advised, but the idea behind it is not bad, provided you do it properly and do not overdo it. If anyone must diversify, I always say to make sure that you have more than 85–90% of your investment in bitcoin.

It is a bad idea. Bitcoin always proves to be the best in gains, and sustainability. I insist diversification means buying Bitcoin in addition to funds, stocks. etc.

Diversifying crypto into others... is going against history of price and utility of all altcoins, which show they have no ability to grow over Bitcoin.

100x or 1000x altcoins what? That's not investment, that's gambling/speculation Wink
The difference between investment and gambling is not so significant; the difference is mostly on the timeline for potential profit, for which gambling promises a quicker return or loss.

No man. Investments are based on sound background. Good market potential. Good future userbase. Good prospects of growth and technological development etc.

Buying altcoins have no basis on any of those. People only buy them completely on low cap potential to explode, and community interest, and listing interest, etc. That's gambling and speculation Smiley altcoins don't even bother with whitepaper now. Or new tech. Just ripped coding.
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