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4001  Economy / Gambling / Re: Chips.gg |🎰 New Slots Weekly |🎰 New Provider NetEnt on: November 10, 2020, 10:00:16 AM
^It is actually an amazing feeling when you find a new casino that you can trust and enjoy so much, I understand about people who got hooked so easily and so quickly. I mean after all we love to gamble anyway if we are here, most of us are here because we are gamblers anyway, but right now there is a limited amount of trusted places in crypto world, normally you do not trust crypto companies because they could "get hacked" or "ceo died with keys" and whatever which constantly happens and suddenly you do not have your money anymore at all.

However with chips it wasn't like that, we saw it like something out of respectable companies from day one, don't know what made them so trustworthy all of a sudden but me and as I can see from others on this topic all trusted it out of nowhere and the feeling of finding an entertaining and enjoyable new casino is like no other.
4002  Economy / Gambling / Re: bustabit – The original crash game on: November 09, 2020, 08:55:38 PM
Back to WangTang... WOW.
Looking at those bets that GamblingSiteFinder posted... What was the guy thinking?

Its "funny" to see when Whales lose, they just delete the account...
Is it self protection to stop them from depositing/losing more? Or are they ashamed of having that hug red graph?
He was up as much as 600+ one point and he ended up with about 300 in loss as well, we could say 1000 lost to round it up (more like about 940 from what I saw last). That is around 15 million dollars lost in gambling. Now I know you are going to say he was rich and all, I know you are going to say he has a lot more of that and he could afford to lose and so forth which I am fine with, yes he may actually have a lot more money aside and this wasn't maybe 10% of his money, he could be a total whale with hundreds of millions of dollars worth of money aside richer than many people we consider rich.

However lets be real, 15+ million dollars lost on gambling would be something upsetting even for Jeff Bezos, who worths 200+ billion dollars, even he wouldn't be calm after losing 15+ mil on gambling, that is just way to big. So, no wonder on seeing him, deleting his account.
4003  Alternate cryptocurrencies / Altcoin Discussion / Re: Uniswap has made it easier for scammers? on: November 09, 2020, 05:07:32 PM
I do not think that just because there is a tool to be used by scammers, that tool would be the guilty one. If you are going to get scammed, you are going to get scammed one way or another, it is not going to matter if uniswap exists or not because if you are the type of person who would believe in a scammer you will get scammed eventually. However if we stop all these improvements in the tech world or any part of the world because those things are making scammers job easy, we are not going to get any type of improvement.

People call others on the phone and scam them and get their money, you think phones are guilty and making it easier for scammers? I mean they do, but does that mean phones are bad? I think uniswap is amazing and I believe scammers finding it easier doesn't change that fact.
4004  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 is launched on: November 09, 2020, 04:29:08 PM
I believe we are going to hit that 524k before it is too long. I know it may not be as quick as 1st of December, maybe it will take 6 more months, maybe we will be ready during summer but I think this is something that will happen one way or another and we will see it. Obviously people do not want to get involved right now, this is brand new and it is not even ready and you are paying for something that you will not be getting advantage of for maybe months, so people are scared and they are not getting involved.

However eventually with more and more money coming in, no matter how long it takes, it will definitely get done. Hopefully it gets done by 1st of December though, I would love to see the change, I know it probably won't but it would be awesome if it could.
4005  Economy / Trading Discussion / Re: Trading losses on: November 07, 2020, 09:55:00 PM
People are exactly right, bitcoin is destined to go up in the long run and not every day, tomorrow it could fall but I know in 10 years it will be higher, which creates a problem with traders who lose money because they trade constantly. Would I do something like that daily?

I am not sure, but do I understand those people? Definitely. If you buy and hold you are going to make a profit for example if you bought at the start of just this year, you would have made over double of your profit, which shows you how great it is to buy and sell.

But, how about if you sold at 7k, rebought at 4k, sold at 12k when it hit there, rebought at 10k and sold now over 15k? I know you can't always be right like that but if you did that you would have made insane amount of money, even quadruple your investment. They try to do this, they fail most of the time but this is their goal.
4006  Economy / Trading Discussion / Re: Different level of risk in crypto currency trading on: November 07, 2020, 04:31:32 PM
I have to go through a difficult way to understand the different levels of risk in crypto trading. I lost quite a bit when I tried margin trading,
It is best to avoid using margin trading for traders who do not have good trading skills and experience. If you won't suffer the loss that
I've experienced, only focused on spot trading, which has a lower risk than margin trading.
If you consider bitcoin only trading along with long-term holding possibilities then there will be no risk at all compared to margin trading. I agree there cannot be any trading with no risk, but bitcoin trading with long-term plans might be eliminating all your risks as bitcoin market is always heading toward big prices in long-term which makes it possible. When traders are risking within calculated risk limit then the chances for enjoying successful run will be higher even in this crypto space regardless of its high volatile nature.

Accept the losses and look for new opportunities but you must take your more time on finding new opportunities then there will be a lot of chances for you to get back your lost capital. Definitely it will take more time but there are lot of chances for it. Never give up and always look for new opportunities Smiley.
4007  Economy / Exchanges / Re: Best Rates on: November 07, 2020, 03:37:35 PM
I know this will depend on where you are, but where do you get the best rate for buying and selling bitcoin?

I take it pure peer to peer would be the best.
Even I am already into peer to peer trading for years,  I'm not checking that I am getting best rates because I'm simply going for the best available rate from the order books. Basically I am not a trader still I am actively buying bitcoins for long-term purposes hence I never check for best rates in markets but simply going with available one.

you could always set your own buy/sell offer and wait.
If time factor is not a criteria here then definitely anyone could get the best of best rate for sure Grin.
In my opinion, p2p trading is not for active traders. It is only for the people who are buying and selling once in week kind of timeframe.
4008  Economy / Exchanges / Re: Best DEX for trading? on: November 07, 2020, 02:57:03 PM
I make use of DEX, but I don’t make use of VPN, the ones I have tried are really frustrating or maybe I have not seen the better ones, and who even needs them when I have nothing to hide? VPN might be good, but it all depends to the level you want to keep your privacy, that’s what will tell whether you are going to be needing them or not.
Decentralized exchanges I have used: I make use of Bisq, but the number of coins you can exchange is limited.

Another one I make use of, which I started using when I discovered Exodus wallet, is Shapshift, and there are lots of coins you can exchange there, seems to be unlimited. Uniswap is still new and it’s trending because of DeFi, so I haven’t tried it yet.
4009  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can IDENA price touch $1 ? on: November 06, 2020, 07:29:00 PM
Price is not changing that much but the real trouble is volume is not changing all that much neither. As long as idena doesn't have enough volume to be supported in places like binance, it will not reach to 1 dollar levels, probably not even 0.5 levels neither because it has very low volume and the moment the price increases people start to sell and get out.

I realize that 0.25 wasn't really something sustainable because the more idena that is printed the more reason why it could go down, we need some sort of volume and trading in order to make it look good, otherwise it is not going to change anything at all. Maybe if we could find increasing the volume without decrease the validation rewards, that could solve all of this but that is not looking good for now, with this low volume it could barely stay at 0.1, maybe could even drop.
4010  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 commission on LTC investments is at 35% till 31. Dec on: November 06, 2020, 07:12:08 PM
Just invest what we can afford to lose, don't invest too big and hoping you can surely get profit from your investment. This is also an investment, you won't get so huge profit in short time, it takes time for your investment growing along with the site's profit. You need patience too if your investment goes down (don't ever try to recover your "losses" by gamble your investment)
I agree I think some people think if they invest they would have gain profit 100% not knowing that it is like a gambling wherein it's 50-50 either you will lost or won. Also I think this bankroll investment do work in long run and not for a short term investment.
Yeah, people are also forgetting that when there is a big crash with the investments because someone won, you could get in right after that when everything is cheaper and make a bigger profit from the recovery process as well, so gamblers making a profit is not always a bad thing for the gambler neither.

For example let's say there is 120 million doge, it drops to 100 million because someone won, you get in right at that moment, same guy loses his 20 million earning an hour later, what happened? You won so much more money than you could other way around with the timing of your investment. Obviously this is not going to be something common as you might imagine but it is definitely possible to do. Which is why I believe even the fall of an investment has a silver lining hidden somewhere within.
4011  Economy / Speculation / Re: Are we headed to a new all time high now that momentum is very high on: November 06, 2020, 06:12:24 PM
Definitely going towards a new all time high, there is no way that bitcoin will stop right now at this price and never go back up, this can't be the high that we reached never to be seen for years to come, we are definitely getting closer.

I can't say if we are going to break over $20k in a week or in a month or in a year but I know that we are on the right track and we are going to break that $20k eventually, and we are getting closer so it means we just need a bit more push and we will be there.

Right now price is around at $15.5k which means we just need $4k more in increases to break the all time high price, which is only 25% increase. Considering we already had like a 50%+ increase in a month or month and a half, we could easily say that 25% could happen in the next month as well.
4012  Economy / Speculation / Re: Bitcoin price to reach $17k? on: November 06, 2020, 08:59:06 AM
By the looks of it, trying to see bitcoin reaching 17k lacks a lot of vision. We have moved from 9-10k levels and even lower during the pandemic period (which we are still in but I am talking about spring time) where price bottomed as much as 5-6k and now we are almost at 16k right now, and you wonder if it could reach 17k? Why not wonder if it could be 20k+ and break new all time high? Why not wonder about 30k and do a double?

Those are things that could actually make a big bang noise all over the world when that happens, 17k is just 1.5k or so away from where we are right now and is like a 10% increase in bitcoin which to be honest is not a big deal. Bitcoin can do 10% increase in its dream, it could happen while you are sleeping and wouldn't really be a huge news when you wake up, 17k is as possible as it gets.
4013  Economy / Economics / Re: Is COVID-19 an excuse for governments & central banks to print money? on: November 06, 2020, 08:10:05 AM
I guess printing money at its core is created needed due to shareholder greed. Normally companies have just one goal, to make as much profit as possible and if you are profiting you are expected to profit even more in the future, if you profited 1 billion in 2020, you need more than 1 billion profit in 2021 so that you can cover the inflation difference as well. Which means by logic all these companies needs to gather as much profit and money as possible, where does this money come from? If we assume nobody prints any new money, shouldn't that be impossible?

Without new money you can't have more money, hence why central banks keep printing money to keep this system going. We need a system that rewards not losing money and maybe not focus on growing profits but just keeping profits, that seems like only logical option.
4014  Economy / Economics / Re: This is why bitcoin HAS to go up on: November 06, 2020, 06:24:34 AM
Lol where you said it doesn't depend on supply and demand afterall Grin what you explained there is still the same supply and demand that is causing the Bitcoin to keep increasing in price.

The price will be momentum for now, and people will have FOMO for sure since the time it took to move into $15,000 from $12000 was a short period unlike before, they are rushing it now, so we are likely to see more of the fast movement up on the chart, especially now that December is coming.

I am not sure about hitting another ATH price, but we are close to a very big thing from here. From all these, we can be sure about 2021 would be another more exciting year for this crypto space, let's wait and wait whet time unfolds on this regard.
4015  Economy / Economics / Re: What are they hiding from us? on: November 06, 2020, 05:15:20 AM
The data that you could definitely go look for would be the minimum salary and car prices and house prices and school prices. If you look at food prices they are somehow better, they grew lesser than the inflation so right now buying a gallon of milk today is cheaper than buying a gallong of milk 50 years ago, maybe not in price but it is definitely better versus inflation.

However if you look at someone who worked a minimum salary regular mcdonalds work, look at a house 50 years ago and today, look at a brand new car price and today, and look at how much college cost 50 years ago and today, you can see the differences in these things that basically doesn't even come close to inflation rates that was given. Drop these into understandable levels, just these three (house+car+school) and you get yourself a better world. Healthcare was always expensive, that needs something else, I wouldn't know what but something else.
4016  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB Holders - What do you do with your BNB? on: November 05, 2020, 08:59:06 PM
Do you guys all buy it because you think it will have a great future? I mean sure we are talking about "holders" but isn't the question a bit weird with first half and then the second half? If you are a bnb "holder" that means you are holding your bnb for a future profit, that is literally what a holder is, if you are asking "what do you do with your bnb" that means you have to do something with it and if you are doing something with it that means you can't hold it but can only use it or trade it.

This is the reason why I am not sure who this question goes to, if you are asking about the holders they are holding but if you asking to people who use it, we use it. I personally buy BNB time to time in order to cover my trading fee's, it is helpful that it is cheaper to use bnb if I want to.
4017  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason Why $ETH sudden jump on: November 05, 2020, 08:20:11 PM
I think it is not about "getting close" or anything like that, people who got excited about this news (including me) didn't get excited because we think 2.0 will be tomorrow, we know that it could take a long time, it could be as much as 2022 before it happens which means we are going to have to wait a loooong time before 2.0 is a reality and we know that.

What made everyone involved so excited was not the time period and getting closer deal, it was the fact that it is worked on and reached to a new level, that means we are done with major parts of the upgrade and that excites us, obviously we are going to wait awhile but that doesn't change the fact that we are now one step closer and that means something to us. Every single improvement matters right now in something that we have waited for years, even a slight light on it would make us feel at more ease at this point.
4018  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - US Election Madness 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: November 05, 2020, 06:36:50 PM
^The funny part about what Trump was trying to do ; he tried to stop Michigan count because "voter fraud!!" but he wanted Arizona and Nevada to be keep counted. If everything ends like this, he loses, if there is continuation, he loses, there is no scenario where he can win anymore.

Plus, no matter how many times you count the ballots again and again, you are not closing that gap, which means either he wins with the late arrival ballots becoming in favor of him in one state, or he loses, there is no path to victory on the finished states. In any case, the real trouble begins when everything is settled and Trump goes to supreme court, dude literally appointed his own puppets there and even if it is something illegal thing to do, when supreme courts deems it legal, they could do anything that would help them win.
4019  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: November 05, 2020, 04:28:58 PM
We obviously have to wait until the result is finalised before we can pay it out. Otherwise, if the result was overturned we would have to pay out twice.
If I remember correctly, 2000 elections were decided officially in like ... December? So, it can take a whole lot of while before it could be decided, I would say people who wagered on this election should be patient because even if we do know the unofficial results give or take and even if it takes a while for just the unofficial ones are decided (looking at you Nevada) we will probably not get an official one anytime soon.

Since the results will "most probably" be like 270-268 and very close, there will be a lot of recounts, lawsuits and many other things thrown by the Trump team, and there is a big possibility that nothing will change in the end and still will lead to same results but until the courts take the case and makes a decision it will be at least another month of waiting for the official results.
4020  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do not trade Alts with BTC these days, You will just lose on: November 05, 2020, 08:02:44 AM
As BTC hitting its ATH, the prices of alts are dumping even if it is BNB or any other coin whichever was stable in the last months.
This is not something new, we are experiencing for the first time; if you have enough experienced then this must be the right time to go for shorting altcoins against BTC; but unfortunately most exchanges are not supporting that kind of trading still you need to do it on your own like you may sell your altcoins stash and then need to buy back at lower price levels.

I believe when bitcoin goes on a bull trend, altcoins will follow so trading with altcoins can still be profitable but yes make sure you have Bitcoin on your holdings.
Yeah, it will take time for altcoins to follow bitcoin's trend but immediately when bitcoin is entering into bull mode, usually altcoins face downfall to maintain equivalent USD value. Yes, if you have enough BTCs then you may buy altcoins at its every support levels.

I'd say now would be a pretty smart time to be buying those good ones, i.e., while their price is relatively low.
This needs intensive analysis so that you can easily multiply your BTCs in comparatively more quicker time. I do buy reputed altcoins at every resistance levels of bitcoins; one simple trick I do follow to maximize my BTC holding.
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