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4201  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 05, 2020, 01:49:56 PM
The truth is that the sportsbook also get things wrong almost as often as they do get it right, Chelsea won against Man City just a few day before that and they were offered at an even great value, what would you say about that ? Of course the sportsbook probably do get a lot of informations about these games and it's used to determine the odds, but it necessarily doesn't mean it will always affect the result positively.

If you look at logically it is probably always in the odds providers best interest that the underdogs win, then providing odds that would almost certainly decide the winner of any fixture is directly in contradiction to that interest.
Well, I didn't mean like sportsbooks are always right, there are times when even 10.00+ odds actually hit and happened. Do you guys remember the time Leicester became champions? It was like 5500+ odds and some dude actually won it as well and made a ton of news about how he was tried to accept earlier bet so that he would take less but win for sure instead of waiting for the last game.

So, yes the sportsbooks do end up paying through the nose sometimes when unexpected happens, however what I meant was, the team that has the highest points by a big margin, the team that became champions when there was like 100 games left, and the team that might break the most points collected record after actually becoming 4th most collected points just year, had 3.7+ odds which you have to agree looks weird on paper. That's all I wanted to say.
4202  Economy / Trading Discussion / Re: A good book to learn how to trade. on: July 05, 2020, 08:12:24 AM
I think books on learning something like trading doesn't feel like it requires a book these days. Just like design or coding, trading is no longer on books, sure there are books about it and a million of them but trading is something that changes very fast and there are a million stuff online for free that you can learn from.

I am not saying do not read books in general or books are useless or anything, you should still read books for fun and to educate yourself and become a better human. However not for trading, I would say go online and check out what you can learn from online courses and they will actually teach you better than what you can learn from books. Plus when studying online you can ask questions, you can't ask questions to books which is why they are subpar when you are trying to learn something.
4203  Economy / Trading Discussion / Re: Cryptocurrency Day Trading: How to Get Started & How to Win on: July 04, 2020, 07:47:05 PM
I personally think that everyone's path is different, everyone's mindset is different. Some people came in too early, made just enough money and left, some people made even more money, some people got in a lot later, and made just enough money or maybe they all lost money. There is a million type of people and there is a million ways to get into bitcoin, not all of them are the same and this is why I think that "how to" stuff in bitcoin world are not that reasonable.

I would rather deal with my own version of success and create a path for that individually that suits me the best, that way I do not have to follow anyone else and can do it however I please and how I like. Of course, this doesn't mean I can't take lessons from others experiences, but I could use it to shape my own version.
4204  Economy / Economics / Re: Can we rely on Bitcoin and cryptocurrency? on: July 04, 2020, 05:28:00 PM
At the end of the day there is a big potential on bitcoin that can reach to those levels, I do not really think that it should be that big of a deal right now and I agree that it will take some time to reach there, but we have a huge potential. Hopefully we will get to a higher level in few years and we will become mainstream in 10-15 years.

By 2030 I would like to see bitcoin everywhere and people getting salaries in bitcoin and also people who spend bitcoin only without ever having any fiat in their pockets. So, we should be patient, we should wait, we should collect and accumulate as much bitcoin as we can and consider 2030 1st of January as the moment we will sell, if you say you will wait almost 10 years, suddenly small changes in price doesn't really matter because you have years you can wait.
4205  Economy / Economics / Re: China economy and how they handle Covid-19. on: July 04, 2020, 03:59:14 PM
They are a huge industrial nation, they do not care about air and pollution too much as we all know and that helps them to basically be production place for the whole worlds items. This is basically why I believe that even with covid going around they could find stuff to produce.

For example, they either gave away or sold hundreds of thousands of test kits, which means they kept people in the market for buying something with china, they basically kept people in talks with them instead of looking for another place. All of this basically resulted with China going back to how things were when all of this is over, a friend of mine who ships stuff to here from china actually said his ship is on the way and coming to Jersey in early August, which means they are actually doing quite fine.
4206  Economy / Economics / Re: 2010 one Lebanese lira = 0.67 BTC today 1 lira = 1 Satoshi on: July 03, 2020, 08:25:49 PM
Yeah, this comparison is not fair at all, it is really just way of saying that Lebanese lira is actually doing that different from others, I personally think that they are doing about the same as the other places. Sure they are going down, sure they are lower in value and sure there is inflation going on but that doesn't mean that Lebanese lira is the only one, it might be or might not be the worst I don't know all the currencies, but just because its bad doesn't mean others are doing better, which is why I think its quite important to know that that currency wasn't doing that bad at all, it was basically the norm.

Obviously currencies losing value is a very bad thing, it leads to a ton of problems, but just because all of it did, doesn't mean one doing the same could mean something different.
4207  Economy / Speculation / Re: Bitcoin is bullish longterm on: July 03, 2020, 06:18:40 PM
They could be the ones that are losing money but they are also the ones that are making money as well. You can never know how a trader makes his money, sometimes they are profiting sometimes they are losing, the same trader could have the different results in a month. There are traders who are good at what they do and there are traders who are bad at what they do, which means you will see both of those type of people in the world as well.

So, when you look at it we are talking about good traders making more profit but sometimes lose a little and bad traders who lose usually but make profit time to time. All of these happens every single day thousands of people all around the world. So, long term is not the only way to make money from bitcoin world.
4208  Economy / Speculation / Re: What will governments do next to manipulate Bitcoin? on: July 03, 2020, 05:41:26 PM
Do you think they could have a branch on government to do something about crypto or is it like too small to care? I mean they have bunch of branches for everything, having one for crypto could be different and with all the tax they could get from tracking every single person and asking for tax could mean that it would be a government branch that actually profits as well and not cost money. If they do something like that, it could both manipulate bitcoin but also it could help you out as well.

So, would you prefer something that allows governments to manipulate bitcoin but can't control it (decentralized currency after all) but that would help you too, or would you want government to be out of it all together even if that means it would hurt you? I am not entirely sure but the reason why bitcoin was created was a bit of resistance towards current system so I would say latter would be better.
Well, the only method I can think of to actually make any sort of manipulation that they could even make a profit from is actually that doesn't require moves with money to manipulate, sure they need money for the profit part but the manipulation doesn't require any money at all.

If you are a big nation, just tell the world that you are considering banning bitcoin all together, and even have a public announcement that you want to meet other big world leaders on potentially banning or at least limiting very much with full government knowledge (like KYC but harsher) to even own bitcoins, that will drop the price a lot. Buy as many bitcoins as you can as government when the price is that low and continue to be harsh.

After a while when you have enough, tell everyone you changed your minds and you will allow bitcoiners to exist and also will support them, that will increase the price a lot. You can sell after this stage.
4209  Economy / Speculation / Re: Will a BTC bull market begin in July? on: July 03, 2020, 04:15:11 PM
3 days is nothing in the bitcoin world and also a lot of time in the bitcoin world at the same time. What I mean by this is that bitcoin price could go up a lot in three days, it could go up like a million times but at the same time it could not move at all for months, this is why I think it is crucial to know that bitcoin not moving for 3 days is not a big deal not because it can't go up in three days (it can go up a lot) but it can also stay the same for a lot longer period, this is the part where people are mistaking.

Wait a bit more, July is just starting out and it will continue for another 27 days and unless you are talking about some major stagnant record breaking situation, it will definitely move eventually, either up or down but it will definitely move to some direction.
4210  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 03, 2020, 03:57:04 PM
Honestly when sportsbooks gave Liverpool such a low chance to win and the odd was so high, I was a bit confused, after all I thought this is the team that lost only once (to watford!) and why would they lose now? Sure they have a "chance" to lose like in any game but it was over 3.5+ for Liverpool to win the game, it looked like it is nowhere near that impossible for them to win that game and the odd looked weird.

Now that I look at the result, maybe sportsbooks know this thing more than we do Cheesy. They actually allowed Liverpool to be that high so that people would find it lucrative and wager on it and they knew that City would be the better team on the pitch. The game ended 4-0, wasn't even close to being competitive and from the first half it was already decided, kudos to all odd providers.
4211  Economy / Gambling / Re: 🚀 Sportsbet.io - Get a Price ₿oost on every sport, every day! 🤑🤑🤑 on: July 02, 2020, 08:02:01 PM
Even if I never finished in a paid position for Steves poker, it was still a lot of fun.   Congratulations to all those who made some money!
As long as you finish at the payment levels there is really not much else you could do with it, you got something, that is better than you can ask from anywhere else. Do not forget that it is the fun that matters, it is free and it is just entertainment and as long as you are having fun that is winning in my book.

Hopefully this poker thing continues forever, sportsbet really nailed it and has managed to make it pretty known. I personally never really did anything of worth and honestly even though I try to hang it in there I just can't keep myself from going short early on, hopefully will do better later. Sportsbook becoming the most liked poker place is one of the weirdest things I heard in my life but crypto is a place where I have seen plenty of weird things before.
4212  Economy / Gambling / Re: 🎲EarnBet.io - $50 FREE Bitcoin Sign Up Bonus Right Now! 🎲Provably Fair 🎲BTC ₿ on: July 02, 2020, 06:51:04 PM
I would say "$50 BTC Welcome Bonus" because people don't get the bonus for depositing alone. It's depositing and playing x amount. But by saying "$50 BTC Welcome Bonus" its more general thus covers the bonus in its totally more. From there its up to the player to read the requirements for it.

All in all, you guys are doing a great job! Remembering where you came from (just a single Dice game) to what it is now. Smiley Keep it up. I hope the staking feature is released soon. Should give me a lot more dividends I assume Grin

This kind of bonuses are standard thing in fiat casino industry. We are avoiding them in crypto industry as much as possible but it is moving in that direction.
You know what sucks about it? They came in here a month ago, A MONTH AGO and said what should they change the topic name to, they said maybe putting the right thing would be better and realized what would be better, and they even sent a post about it. Look at it a month later, they are still keeping the same topic name and they are still saying "50 dollar free bitcoin sign up bonus" like it is free to take whenever you want when in fact it is nowhere near and definitely wrongful marketing.

I hope they will realize one day that tricking people into coming into the casino is no way of making a long term business, it may get few people who fall for it, but it won't help them in the long term. I don't know who is the marketing guy for this website but he has dropped the ball insane amount of times.
4213  Alternate cryptocurrencies / Altcoin Discussion / Re: How is the future of projects with gold-based tokens? on: July 02, 2020, 04:39:17 PM
I keep saying that I do not even trust dollar backed ones and they are as easy as sending money to your bank account, it takes maybe a day or so to send it at worst, let's say 7 days at the very latest, but at the end of the day how could they even think about doing similar on gold?

We are talking about sending gold from nation to nation which has a ton of legal things tied to it and when you are doing something as valuable as transporting gold from one place to another it is a very risky thing and costs a ton of money to send. So, at the end of the day there is no way that gold could be backing up a coin, you can try it but at the end you are going to fail it and not going to have a success with it ever with all those potential problems that could rise from the legal and shipping problems
4214  Alternate cryptocurrencies / Altcoin Discussion / Re: Just because it's called a shitcoin doesn't mean it really is on: July 02, 2020, 02:55:30 PM
many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
I have not heard about apollo currency but electroneum cannot be a shitcoin. But, anything about hex must be too earlier as hex focus on locking your coins for 180 or for similatr time frame and also you must need to spend some money on paying for ethereum's gas while claiming your free  hex coins for your BTC balances. If this topic is all about hex then I want to opt out.

Hex may not be a shitcoin and at the same time, does not have any superior innovation for claiming and saving for long term holding.
In my view, it is just another bitcoin fork with mandatory holding period in the name of staking and the worst part is paying for ethereum gas which must be complete new on BTC forks regarding.

A project is usually called a shitcoin when it has almost no prospects either for future growth, or even a slight recovery.
That must be the right definition of shitcoins. I just entered into this topic by assuming OP is talking about shitcoins in general but he is trying to promote hex, a BTC fork on ETH smart contract with enforced holding periods.
4215  Alternate cryptocurrencies / Altcoin Discussion / Re: How reliable is crypto payment? on: July 02, 2020, 08:45:20 AM
I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?
To make use of cryptocurrencies for the purpose of just another payment processor, you never need to worry about its fluctuations; fluctuation should be the concern of long-term holders. Still, if you're going to make use of only highly reputed altcoins then you never need to worry about its price volatility because in long run all those highly reputed altcoins will get you higher value but random/new coins are a real danger for your profit level if you opt them for providing extra options for payments for your clients.

Stablecoins also will fluctuate according to price of bitcoin/USD hence it cannot be the right option for accepting payments. Moreover stablecoins are here for the purpose of eliminating the need of fiats and its known hassles while transacting through banks. If you hold, both altcoins and stablecoins will not get you big differences.
4216  Economy / Economics / Re: Is the US economy suddenly recovering? on: June 30, 2020, 07:15:19 PM
It is not "suddenly recovering", it is just getting back outside which means there will be return obviously. Nobody could compare an economical situation where people stay at home for months to a situation where people are finally going outside.

Even though economy still sucks and even though there are still 13% unemployed numbers, even though many small business went out of business, and even though there are tons of other horrible stuff, the statistics will show an improvement only due to the fact that people are back outside and spending money again. This is why I think it is quite important to know the difference between "unrealistically horrible" to " very bad", when you see an improvement from one to another it may look like recovery but it is in fact not a recovery but an obvious change.
4217  Economy / Economics / Re: Gold Price Prediction & its impact on cryptocurrencies on: June 30, 2020, 06:39:47 PM
The logic is this; there are stablecoins that are connected to dollars, and there are stable currencies that connected to stuff that is connected to dollars which is a long way of doing it. One example is stable currencies connected to gold, gold is usually connected to dollars.

Now, you can use USDT type of currency which would be directly dollars, or you can find coins that are calculated exactly the same way but for gold. It means your currency value increase over time like gold would increase. However bitcoin is more profitable because many people here think that bitcoin will go up higher than gold would and will be more profitable. Of course, there is no proof of this but there is no proof of anything going up or dow, it is a prediction, just like in all financial predictions.
4218  Economy / Trading Discussion / Re: How to Overcome and Handle Your Mistakes in Trading? on: June 30, 2020, 05:43:52 PM
Learning from mistakes is definitely the best way, I agree with that. There are tons of quotes about mistakes and failures, you need to just keep failing until you succeed. The best one I like is "you only have to succeed on the last time you try", it is a beautiful saying that means you can fail as much as you want but as long as you succeed on the very last try that means you ended up being successful and that is quite important and the only thing that matters.

I personally failed many times, lost money many times, profited many times as well and in the end of all those mistakes and success I found which one is caused by what and that allowed me to eliminate the ways I used that caused me to lose money and keep the ones that allowed me to make more profits and continue repeating that.
4219  Economy / Trading Discussion / Re: Tagz exchange already surrendering on: June 30, 2020, 04:28:53 PM
The trouble with 30 days is that, they are closing down, they are not doing well right now, the whole reason why they are closing down is the fact that they can't continue which means even 30 days is more money lost to them, right now they are not going to even make any profit for 30 days and lose constantly and that means they are willing to bleed money for something like this.

This is why I think the short period makes sense. After that, you will probably still be able to provide proof of ownership and so forth with an email address and talk with them there and you can still withdraw money.

It won't be this easy, it will take longer time, but as long as you can email them and you can prove them that you had money on your account, they will still continue to help you probably. This is one of the best ways I have seen a place shut down compared to all the others who just took off.
4220  Economy / Trading Discussion / Re: How to earn at arbitrage on: June 30, 2020, 12:45:10 PM
If you are too noob to know how to make a profit from arbitrage, maybe you should take it slowly first because it could cause you to lose a lot of money if you do not do a lot of checking and right calculations. If you make just a smidge of a mistake on your calculations you will end up losing money instead of profiting. But, the right way suppose to be finding difference in prices in two different places and taking advantage of that difference.

The clearest way to actually do this is to have money on two different nations local exchanges that means you can take into account of the fiat exchange rates and could make a good amount of money from those as well, change fiat to fiat, change btc to fiat and you could make a decent amount of profit. That is all I can think of and other people could give bigger examples.
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