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I am considering this for real but the only thing I am not entirely sure about is casinos surviving for a very long time. I think bustabit could be one of the oldest that is both accepting investment and also has been around for a long time, but most of the investment casino places haven't been around for that long, plus I have seen moneypot going down and saw how people lost money there, so I can't really trust any place and invest.
Otherwise in my mind investing into a casino is set, that is a good decision and I will do that, if you are on the side of house edge that means you are going to profit and if a place is crowded and popular that means there will be a ton of gambling and ton of losses, but I am just not sure which one I could pick for 5-10 year investment and still be there when I come back.
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I was in the market few years ago when bitcoin almost reached $20k. I wasn't acting then (hodling for few years already) and I think a lot about when I should act next.
I wonder what other people who hodl bitcoin for few years plan to do.
Do you have a price in mind than when bitcoin will reach it, only then you plan to sell?
For me it usually depends on the situation. It is just like the last time we reached an ATH price, I did sell just a part of my coins, but when I noticed that the market kept dropping too much I decided to sell my coins and wait for it drop to a low price and after it did I still invested back my money. So, it all depends. If the price should go up again I’m going to be selling some of my coins for sure and then, if it shows signs that it will be crashing, I will sell the remaining ones and wait for it to decrease to the least price to buy back. |
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Well, it is moving from its bottom and recovering once again closer to $11.6k levels, that could mean that people are once again bullish on bitcoin or if that is not it I don't know why it is going up. In the end there is a bit of hope inside of bitcoin and it could definitely go above $12k and stay there. It did peaked above $12k for a while but that short couple hour thing is not enough we do need it to be at least over a week of $12k+ so that we could be actually taken advantage of that situation.
Hopefully in a month or so, or before 2020 ends up we could see that happening, a full on week of $12k+ would be really great for my personal profit actually and I am sure it would be for a lot of people as well, I would probably exit there and get in lower if it falls.
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Yeah, I got in at around $6.5k as well and that is what I was thinking like the best idea at the time, we are not idiots anymore, there could be people who are selling for totally different reasons specially the companies who are doing these type of bitcoin trading could get out as much as they can since they want to get out of that and get into something like stock market purchases which would help them a lot more.
However at the same time the people, I mean individuals who are interested in something like this knows that they could just buy at those low prices and could make a ton of profit. Back in the day people were not smart about that and whenever the price was low they were selling since they didn't know if this was the "end of bitcoin" or whatever and now they know it is not.
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You have to also keep in mind that when you are using trading bots the market plays a big role, so if you pick one trading bot at a time when everything is going down and people are not making any profit and review it and see how it did, you will be disappointed because it was the wrong time to test that bot, but when you are testing a bot during a period when everything went up and people made a lot of profits, you are making it look better than it is.
So overall I would say that if you want to test bots, do not test them at different times, always have bots working at the same time on different accounts to see which one is doing better than the others at the same period of time. That would be a lot more fair to bots you test during bear markets versus the bots you test during bull markets.
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This is good news for Bitcoin but this is not 100% accurate, bears still can takeover. And that percantage may manipulated by such an exchanges.
As what I remember before when we dump around below $5,000, the percentage of long is still high before but the price of Bitcoin continue to dump, so if you are do trading, don't totally really rely on this kind of platform.
The date provided by the exchanges is accurate and probably not manipulated but I wouldn’t place too much reliance on that as crypto market is highly volatile and the whales might enter anytime to interfere with all the data and predictions being made. The market can be highly manipulated so nothing can be said for sure. As expected shorts started dominating after the price hits 12k$ and then one might expect the correction to bring down the price to $10k$ before the longs dominate again and we begin to see steady growth in the total market cap and trading volume. |
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The very first thing I tell people to learn is the support levels and resistance levels and why you should ignore them most of the time.
Definitely they look like they are very important in grand scheme of things and when we are moving slowly they look important because prices move up and down according to those levels.
However do not forget that bitcoin moved from $9k to $3.6k in 5 hours in march 15th because of covid depression.
Do you know how many support levels there are between $9k to $3.6k and how much bitcoins required to sell before it reaches those levels?
I can tell you that it s a lot, it is insanely a lot, BILLIONS of dollars. That is why do not worry about support and resistance levels like they could stop something but also do not disregard them neither because they are what makes bitcoin move during calm days like today for example.
Indeed. No reliance can be placed on support and resistance levels as the demand can increase or decrease by greater percentages rendering those walls useless. Moreover, as the market is highly volatile, unstable and manipulated by whales and higher entities, support and resistance walls get taken down in an instance. When the market shows organic movement free from hype and other manipulation, having knowledge about these levels could prove very helpful in day trading or even when you are investing for long term. They play vital roles in forming the chart and technical analysis and prediction the movement pattern. |
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The way ethan has it set up is that it dynamically averages the costs of the most recent few blocks to ensure that the transactions will process in something like like the next 3 blocks (i don't know the algorithm he uses exactly). This significantly reduces the risk of causing a backlog of transaction trying to move off the wallet.
I believe dynamic system for fee's are always better because there are tons of places that charges a ton of money no matter what and they are basically screwing everyone over because they calculate from the biggest prices in order to never lose money and that is why I believe there is this weird thing about making profit off withdrawals for a casino is somehow "fine" but when they lose money it is a "big deal" suddenly. That is why what Ethan is doing is fine, he is at least making sure that he doesn't lose money but we do not lose money neither, that way everyone is fine. Yet there is still a bit more wiggle room, people may want to pay more so they can get it on the next block if it is possible or they might be fine to wait 10 hours for it, giving them that option would be cool as well. |
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But isn't it quite similar to the discussion about creating an app for freebitco.in ? That will cost money, but will also increase activity and exposure.
Not really. The app would be to get exposure to new users, people who wouldn't otherwise have found or come to the site. I do not agree that app would be for new people, app could definitely be used by the older users as well. For example I do use the website version and also I do check from my phone as well on the browser too and it is decent right now (which is why I think there is no need for app) but if there was app I would switch to that. Now that doesn't mean you need an app, you do not "need" one, but if there was one available, it would be used as well by the older users like me. It is not a thing you "must" have, its a thing that "would be good to have" thing and that is why I do not see any priority in that, I would assume that the current system works wonders anyway, and disturbing something that works perfectly as it is doesn't really sound like a solid idea if you ask me. |
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From what I can observe, the site's pretty good at rewarding the right kind of people (bigger wagerers and higher level people)...........
Do not forget about multi payout too bro  Couple days ago I see someone hit big payout (like 165000x on dice) that huge multiplay I ever see on dice. This is the first time i have seen such a big profit. By playing with only 48 satoshi, he has managed to gain 0.07 BTC. That's hard to believe but it is a reality. People truly says that gambling can change fortunes.  Small bet big return but so huge risk, hope he hit it on the right time. Otherwise, the winning amount he got is still less than what he lost while hunting it. I remember someone from other site tried to hunt 100k payout but he failed to hit it after more than 250k bets. Gambling is pure luck, hunting for such huge payout needs huge luck. Congrats to him for hitting the big payout. Did he mentioned somewhere that after how many attempts he was able to win this amount. This will be interesting to note as then we can see exactly how much profit he gained. This is not possible that he did few attempts and got this lucky win. I think he must be in profit 100% guaranteed. Normally when you see something like 200x or whatever you do question if the dude played more than 200 times to win that, it is quite possible that they could still be in loss after winning because you can play 200 times very quickly and it is quite possible to lose all of them when you go 200x odds. However, this dude won 165,000,000x and I doubt he played that much. We wouldn't know how many times he played but if he played one bet per second that would be 1909 DAYS until he plays 165 million bets, so I am pretty sure that wasn't the situation here, dude probably made at least 10x what he invested and more like 100000x what he invested, this one is unquestionably a profit to me, I wouldn't believe if he said he lost money while trying this. |
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That is the great thing about bitcoin, we could have the worst type of period in all of humanity and it would still go up, money itself also goes down so there is really no reason for people to move their bitcoins to fiat, why would they? Fiat would lose value anyway. Think about Venezuela for a second, if you owned bitcoin during their horrible period when everything was getting super expensive, having fiat wouldn't really help you would it? I mean with bitcoin you could get dollars instead and with that dollar you could either buy anything you want if you could find it, or just order anything you want from outside, or just get out of the country for a while until everything got better. Simply put, on bad days bitcoin is still a great option since everything else is even worse. |
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The price actually goes up in a way but it has been stopped for a while, that means we are back to bull mode. Normally a regular increase that we do not call (not all increases in prices are bulls) stops after one move, like let's say it goes from 9k to 11k and stops that is not a bull, that is an increase, but if it goes from 9k to 9.5k one day, next day 9.5k to 10.3k and nex.. continues like that constantly, that is a bull run. That is why I believe right now we are living in the perfect example of a bull run and I believe we are going to go up even beyond the ATH very soon.
I still wouldn't buy from here, why would I risk it when the price went up when I could have bought when its cheap, but that doesn't mean I believe it will go down, that is just a principle I have in trading world.
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It can as well be different in the opposite way. There's more people but also more holders who bought Bitcoin in the longest bear market in history.
I hold my coins and I'm bullish but let's not forget that if all those people who bought for sub 10 thousand think of 20 -25 thousand as their target we may never go very far.
The big bubble that used to be 5-10x can this time be only 1 -1,5x and this will make it dramatically different. The next bubble in 5 or more years can only be 0.5x and so on. It still won't be bad because imagine going 0.5x from 40 thousand dollars. That would still leave us at 60 which is a great price. I wouldn't wait for 100 or 200 thousand dollar bitcoin though.
You’re making a point here, that’s why everything basically all about demand and supply. Like you have said if these people have a target of $25,000 and $20,000, that means that once we approach that level and many starts to sell their coins in the market, we are definitely going to start falling back to a low price. Although I don’t think that’s going to happen, because I’m convinced that majority of the people here are looking forward to a price that is more than that. I really can’t wait to see the price go really high, more than what we are seeing now. |
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I can't believe Juventus actually managed to finish the league with 83 points, like they ended with a loss to udinese, cagliari and roma in 4 weeks, only won against sampdoria which was ultimately the one they needed but we are talking about just 1 point difference instead of 8-9 points that could have been honestly. And before those games they had tied with sassuolo and atalanta and lost to milan as well.
This return has been horrible for them all together, if they continue like this I think they will be destroyed in champions league, there is no way this team could beat anyone there. If Inter won against Fiorentina we were talking about something totally different for once and it would be super awesome to finally see someone else beat Juventus to title and it was so close as well.
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How would you do that guys? do you consistently bet on parlay with big odds?
I do bet but not often. I am not the kind of person that place a big bet on anything. I am afraid of losing but seeing people on the list with corresponding amount of winning is quite surprising for me. I can't believe that it is possible to earn that kind of amount through betting only. Maybe they win often than lose. I.also don't bet big amounts, that is not for me. No matter how good odds might look I don't take big risks. It's possible to make big money with betting, there are also some examples that I know but for that you need to play big and also lose big. It's not possible to win all the time and at the end the question is how ratio between won and lost actually looks like. That's correct and when I visit stake I usually see chat and there are people winning like 0.1 bitcoin from 0.001 btc bet on slots or sports and I feel like why not try my luck but then I have to think logically that there are more than 50k members on there and winning such bets are hardly 4-5 members per day approximately which means chances of me winning such bets are 1/1000 and hence not worth chasing such odds. I have seen people winning 100-200 odds live in front of my screen so I cannot even say these are just fake and made to lure the players into gambling with high odds. The best chance you ever have of hitting high multipliers is actually on sports bet parlays. |
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Exchange wallets & online wallets are not safe. There is always a risk when you keep your funds at there.You should use a hardware wallet. It's the best way to keep your funds safe.
indeed, only the money that you use for trading you can keep on the exchange. I have already lost some money on the exchange several times due to hacker attacks and now I do not keep money on the exchange That is so true but there is a scarcity of a proper wallet where we can store various altcoins and it is not a viable option to download all the wallets for each altcoin separately and this is the reason why so many people keep their altcoins in the exchange. To such people I can recommend exodus actually which is a good wallet and I don't know their team or how trusted they are but they have somewhat combined a good looking wallet with in built exchange and also gives you the private key so in case you lose your coins you can enter the word phrase and recover your wallet anywhere. Keeping your money in exchanges is a dangerous option unless they give you the private key or control over your coins. I would appreciate if someone can recommend a wallet where we can store most of the altcoins and yet is safe. Exodus is good like I said but still feels like an exchange just little safer. |
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if your project is too complex for a layman to understand whatever you want to do then personally i wont invest into it. real world interractions should be easily seen and felt. many projects are enticing people with big grammer on paper but not achievable in real life. investors needs to be wise.
Actually that can't decide the fate of the coin. I have seen complex whitepapers doing great but I have also seen them doing bad. Simple whitepapers and easy to understand road-maps can be good but only if they are actually implemented and are as simple as depicted by them. Flux was one coin I often loved their whitepaper and I always thought they will do great because they were anticipating a gaming platform where streamers can earn, developers can earn and almost everyone was taking some benefit. But that project never came into life despite them promising a lot and even their website and idea looked cool. So, you can't decide too much by looking at simplicity or complexity of a whitepaper of a project. |
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It is vacation in most of the countries. Maybe for that purpose the campaign length might have been shortened for the immediate launch of the new dice game. FortuneJack already have good trust, so it'll easily reach more number of gamblers in a short time.
Exactly, this was also comes up in my mind. It's a hanging question why the campaign only take 4 days and why not 1 week. Signature campaign is really effective marketing as what you can see, there is company like FJ who willing to publish and rund campaign even a short period of time. With a huge number of participants, I think it is enough to spread and promoted the site even though it takes only 4 days in campaign. In fact, Fortunejack.com has been existed for a long time and I know that gamblers had known its name already. But much better if the company will run the campaign for a long period of time to drive a better result. FortuneJack had already the most attractive campaign ran for many years but it has been closed recently. Now they come up with small campaigns which last for few days to one/two weeks. They are one of the best site and the marketing managers know better on how should the campaign run now. Even if their recent campaign last for 4 days only but yet it is still the highest paying campaign. That is the thing about signature campaigns that most people are not realizing and that is the problem. When you are running a signature campaign as a new website that started just recently, you are going to get some players to your website but it may not financially be worth it, however at the same time that is not the point of signature campaigns at all, it could be used that way to start the customer acquiring a bit, but it is not like that. What signature campaign does is the fact that if you are already established company like fortunejack you are mostly doing more like reminding yourself to people, it is more PR and that's it. You are already known, you just lets say make a promotion or a competition or whatever and you just get that heard, that way you are already known and they like you, and you get that promotion heard. |
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First of all, live blackjacks are played with 8 decks and there is cutting card put in the middle and more likely you only play with 4 deck. Once shoe is unready, this 4 deck is shuffled with another 4 deck that wasn't used in game. There is possibility that shuffle quality won't be high and it may end up like it may be possible for players to count cards but in this case scanner counts all cards and shows the shuffle quality of each shoe. If it's lower than, for example 80-90% or something like this, then whole game is cancelled and letter goes to casino department / players from live blackjack supplier. Also, not only that, every player is monitored and if it seems like someone wins and wins a lot, then a lot of things are checked by risk analyst that includes shuffle quality, dealer's live performance and so on.
Also want to add that once a day, all cards are changed on all table for further security and for overall game performance (old cards are bad in this case).
You can do whatever security you want, but if the player wants to cheat, he will try to cheat, it will be casinos job to catch the way you explained, but its their responsibility so the ball is on their court, if the casino misses, the player will basically cheat the system, if the casino catches, then player is caught and can't do it anymore. I am not saying the system doesn't work, I am just saying that its a risk, you have to be on your toes as casino and if you are not careful and if you do not do your due diligence with the player well, you may get some cheater out of your hands and he could withdraw until you figure it out. Hence what I am saying is, obviously most cheaters will be caught, but 100% catch rate is a very difficult thing to handle. |
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It was a good night for Lakers but it is really not an indicator for both teams and could still go both ways when it comes to playoff time. To defend Lakers we could easily say that it is a regular season game and it was their first game and I am sure they will get better, plus they were getting used to with some of the new players like Dion and also Lebron had not a good game which is rare and I believe he will be much better when he plays next time.
On top of that Clippers were missing some big guys, Noah was a great player back in the day and he is still decent but he was lacking a lot early on, and PG13, Kawhi combo played very well but had some scoring help missing so they had some trouble. Plus Bev would have a defensive help as well. So, both teams are lacking a lot from their peak right now.
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