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4881  Economy / Gambling discussion / Re: Gamblers are betting on Trotting and Marbles due to Coronavirus on: April 24, 2020, 06:38:05 AM
They will always find a way how to satisfy their inner desires in gambling.
Yes and it will be through something that is not conventionally known like this one.

The casinos have to do something to keep the players incoming too. They have to run their business and so we see this current rise in number of email bonuses, social media promotions and homemade games to bet on which can run indoors.

I am sure some friendly betting games occuring in social gatherings have reduced but it does not take long to combine a digital payment system and an IM chat with making bets with friends and this can be an alternative to gambling at local casinos.
4882  Bitcoin / Bitcoin Discussion / Re: How to improve the usability of bitcoin? on: April 24, 2020, 06:33:13 AM
We all know that Bitcoin is a  high risk investment and those who are ready to venture I to the market should be more careful on how they trade or invest in the technology.
I dont think there are any blockchain tech companies to invest in. Buying bitcoin does not mean supporting the tech behind bitcoin, you might have understood something here. Blockchain is the technology running bitcoin and is being developed by many tech companies but no single company is having monopoly over it. Care to elaborate what you tried to say?

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Bitcoin, was created different from what your are suggesting and going by the payment method, using the Bitcoin for payment is easy to use for those who understand the technology.
So you mean you need to teach the merchant about blockchain and how bitcoin works first? Maybe tak it slow and let them learn on their own. It is tough to understand every mechanism but in simpler terms one can explain it to them. Tough one needs to be careful here because trying to explain how bitcoin works bring out some questions which no-coiners ask like "Its too volatile, its a ponzi" "Is this hackers money" etc - which you will also have to clarify and that is a tough job. Wink

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Any investment done in Bitcoin should be an investment that's on a long-term and not short-term.
Depends on the trader's goals.
4883  Economy / Trading Discussion / Re: Don't trade what you can't risk loosing on: April 24, 2020, 06:27:53 AM
I agree that in trading use capital that we can afford to lose.
Its like a necessary evil. You cannot stop the habit of putting in your money in something that dropped a lot because you know it is going to go up and this is your chance which if you miss you are less likely to see again in future. Imagine having the ability to buy bitcoin at 3digit prices at this time everyone would start buying it.

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Because trading is not as easy as we imagine, the risk is very high.
Whatever in this world that gives high rewards has high risks. It is a sort of balance.

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Sometimes the market can change drastically and this can make us lose money. Indeed, by trading we can make profit up to with 1000x, but that is not easy to achieve. Good analytical skills are needed, so first improve our analytical skills.By increasing practice.
1000x profits a rare though. Even with bitcoin maybe if someone bought at 1$ then it would be true. But how many do you think did so? Most them were happy with 50x or 100x gains and possible sold off majority of their stock bought at such low price.
4884  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the new method of "Initial offering" this year? on: April 24, 2020, 06:23:36 AM
In so hard days we wont see much of new initial offerings i guess
Nope, there is no end to scams and so there is not end to scam IEOs. Very few of them are legit and if you really want to take part in a startup then you would be better off investing in the IPOs than some unregulated shitcoin. Bitcoin is a different thing altogether and thus is not comparable. But these shitcoins have done nothign but snowballed for money and then ran off one fine in day in the pretext of bear markets and private funding.

In reality they scammed investors who have nowhere to complain to and thus became silent after a few years accepting their losses. But soon newbie investors who are ready to lose money will be loosing their money in this IEO craze. Though the frequency has reduced nowadays.
4885  Economy / Gambling discussion / Re: Reputation at stake will you stop gambling on: April 23, 2020, 06:36:12 AM
for me being a gambler is not a bad reputation and should not be for anyone else if it is not an addiction, indeed I am proud to be a decent player...
You sure you would like it when your friends start mocking you during a group chat or discussion that ""Eh, that guy is making loads gambling on horses and poker, you heard?" You may like that publicity and some people are able to humor it out but honestly when you are in a decent company you would not want these things to be heard or known of, specially if you have a family and children and have an ambition in life to reach something good.

Of course you are free to use your money in any way you want, it is your money after all. But humans have a bad habit of judging people based on what they are doing. It is not a wrong thing to do but you have to deal with it.
4886  Economy / Trading Discussion / Re: Trade and make a profit in a Volatile market on: April 23, 2020, 06:33:26 AM
Even with a lack of stability in the cryptocurrency market, certain professionals have a good income from cryptocurrency trading.
Certainly but less swings mean less difference in buy and sell prices if bought at the current lows and sold at current highs making the average profit less per flip. I wont say its a good income but it is a somewhat trade off due to the current situation and also that spot trading is like this, with less risk.

That is why margin trading has been a buzzword recently and so many threads came up in this section of the forum regarding margin trading and how it works. But I feel being safer means you know your modes of playing. You have to know that margin is a risky thing. You are gambling on price predictions and not using an asset to exchange to another asset.
4887  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market stability is not ascertain.We might fall again on: April 23, 2020, 06:27:53 AM
To survive they don't need a lot of money to do it, but when they are making money playing with the market with their power to manipulate, then I guess it's favorable to them.
They can wait it out, I am sure the whales activity has reduced considering the first world countries being heavy hit by the pandemic and most of the whales comes from those countries. But I dont think this will have any effect on whales in the long run because you have to accept that they are big players, they have contingency plans and they know the markets and its ups and downs.

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Bitcoin has not fully recovered yet but then again we are not seeing a total dump like stocks, so I guess crypto versus stocks now, crypto is more stable.
Crypto has been more or less stable after the dump post-pump of 2017. Now the only thing being promoted like crazy is margin trading on the 2-5% daily trading swings. Well whatever suits the trader though, I am nobody to judge.
4888  Alternate cryptocurrencies / Altcoin Discussion / Re: What exactly does a good project needs. on: April 23, 2020, 06:24:22 AM
A team with good mindset and team that understands what Cryptocurrency is and also have team growth in mind and investors funds in Mind.
Follow that road and you will get scammed. A project leader only is a puppet in reality. The control lies in the hands of the investors if they have voting rights making it all a redundant shitshow if the price goes down and they decide to rebel. The team comes secondary to the project's inherent ability to create a market if not marketing on an already open market. It is rarely seen that they are creating something that garners a market on its own and that is the reason of failure of all these projects setting aside the vaporware projects which are complete pump and dumps.

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With a working products, investors will look for you.
Surely, but how many actually develop anything working?
4889  Economy / Scam Accusations / Re: [BEWARE] Cashaa fake Rewards on: April 22, 2020, 12:14:49 PM
Cashaa is NOT giving out any such rewards.

You should be careful of what you see on the internet. Do not trust any account to be giving out free money. It is always a scam or a disguised scam in order to rip off the people who are greedy. This is not new and happening just with Cashaa, several other such fake giveaway schemes have happened. Blame the bad moderation systems of the social media for it.

If you want more info you can talk to the cashaa team on their telegram.
https://t.me/cashaanews
https://t.me/CashaaLtd

However please remove the link in the OP because some idiot newbie will click on it and get scammed even after reading this.
4890  Economy / Gambling discussion / Re: What is the safest crypto online games to start if you are a Newbie? on: April 22, 2020, 07:20:30 AM
For me it is card games, I am very familiar with card games especially with poker.
Familiarity with a game and chance of winning the game is not always same if the odds are stacked against you. Gambling is not something like playing tennis where you can practice your game and hone it. Gambling is a game of luck/chance and so even in Poker which is an EV+ game can be very devastating for a winner due to that luck factor. None of the games in gambling is completely off luck, it would not be a gambling game then.

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But it all depends on every gambler since the criteria for choosing the safest online gambling is what game you are comfortable with and familiar with.
You will be comfortable to bet on a game you are familiar with. But this does not mean you will win everytime or that it is a safe game to play. Reward comes with the risk. If you dont take the risk you dont get a profit.
4891  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When is altcoin season??? on: April 22, 2020, 07:15:39 AM
This question has been asked by the alt enthusiasts again and again in last 2 or more years of downtrend and i have to say that it is so so disappointing to keep holding the alts that are only going down and everytime we start hoping that they will go up from now on but they dip again and even lower,
Sadly that how it has been with those who have tried to enter into altcoins only ended up losing more money than what they thought they would lose. Comparatively bitcoin trading has been more profitable but you see many people entered the crypto trading scene with altcoins in first mind and not knowing that the person who is telling them buy an altcoin is a bagholding shill looking to sell their own coins. This unhealthy promotional system happens all the time but in crypto it is even more.

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i hope the season will be here soon but due to what has happened due to corona i think market will take some time to recover now.
I think it will take several years now. It is better for altcoin enthusiasts now to use some spare cash if they have any to buy bitcoin at low price.
4892  Economy / Trading Discussion / Re: Margin trading. Where to start? on: April 22, 2020, 07:12:32 AM
Before you start margin trading, you need to understand the spot market.
But I dont think that it is how people who go rekt start off. Tongue
It happens to them like they are scrolling FaceAche and InstaHater (Grin) and then see this ad which tells them about getting 100x returns using bitcoin. Now this broke guy has heard of bitcoin and thinks this is my chance. So they click the link and sign up without even knowing that its called margin trading and basically a gambling, not spot trading.

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And only when you yourself can correctly determine the direction of the market, you can try to take the minimum leverage. The most important thing is not to use the maximum leverage that reaches X100.
Of course for beginners 2x is enough. Even with that they are going to lose a lot of money before they can make any. So the trader needs to have enough cash at hand to tide over this time and also to keep liquidation of positions at bay.
4893  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: So many new cryptocurrency exchange now, Are they safe to trade? on: April 22, 2020, 07:06:45 AM
It is warning for the potential hack events and investors should avoid storing the cryptocurrencies on the online exchanges. The Mtgox case was the invaluable lesson, the Binance can be the second similar case. There is no "safe" in online world, unfortunately.
Binance is one of the biggest out there so they will likely be a target of hackers since the most popular ones attract to most attacks. But they are knowing about this from beforehand so likely they have some countermeasures in place. Of course if it is a insider job and the exchange decides to scam its users then there are people who can be sought after like the owner of Binance but still the ability to get back any amount on liquidation is grim. Because crypto is not regulated like that, in fact is completely unregulated still that all a common user can do.

It is say that dont store your coins on exchanges but what about those people who have buy or sell orders that have been at at certain points which are less likely to hit in the next few months?
4894  Economy / Gambling discussion / Re: Do some gamblers actually win? on: April 21, 2020, 06:30:41 AM
In my opinion, no one could win consistently yes even with skill based gambling. Because, for consistent winning you must have high level of discipline which may not be possible with an entertainment because there are plenty of chances for you to slip down somewhere when you are too excited about your entertainments.
No, to have a consistent winning you are right that it is almost impossible but the reason is wrong. The correct reason is that luck is also involved in a skill based game and that luck factor is enough to turn the tide of the game against your favor. So in the end it all seems like a dice roll does it not?

Actually sports betting and poker are games loved by many players so they bet on them and put in a lot of money there. They either do analysis on sports, learn poker and try to compete. They do win but not always. Every responsible gambler knows that and so they keep a limited amount to be spent on gambling only.
4895  Alternate cryptocurrencies / Altcoin Discussion / Re: I want to know whether it is right to join bounties? on: April 21, 2020, 06:24:42 AM
Hello friends, I want to know whether it is right to join bounties?
You are in a forum. Are you here to just make money in the form of worthless shitcoins or want to learn something about bitcoin, discuss about it and in doing so build a good posting quality which can help you earn something that is decent?

If you want to go for the first option then by all means start spamming in the bounty section though it has lost its prior glory days now. But if you are in the second one then you have work hard on getting to know this forum first.

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I have seen many threads where people say that your account should be kept clean.
Clean in the sense that you remain honest and do not try to cheat a rewarding system by using unfair means. What are those unfair means?<just ask your conscience, which if you lack will not help you here.

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Does the bounty task (Reporting) spoil posting history?
If you are making an account in this forum with the sole desire to spam bounty report then it is looked down upon. However you will not be punished for that.

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Actually, I want to rank up my account and do some earning, Is it possible both can be done?
Yes and it will take time to develop good posting habits first.
4896  Economy / Exchanges / Re: Userfriendly Exchange in Cryto industry on: April 21, 2020, 06:17:44 AM
Just like others have said this will be your own perception and subjectivity as to what exchange is user-friendly. There is nothing called "best" here because every exchange has its pros and cons. You have to decide which one is best for you measuring the good and bad based on your trading habit and pattern.

If you like quick deposits and no hassles in withdraw then you have to search a lot of exchanges and try them before being able to settle onto one. Withdraw fees might seem like a big thing but the bigger problem is what support system they apply.

And stop that Binance shilling in the OP. They have their bad sides too, like asking for huge listing fees and getting called out for that and then giving them to charities to cover their bum.
4897  Economy / Gambling discussion / Re: Biggest winning so far on: April 20, 2020, 06:16:02 AM
That was normal, even before during the ancient time there was always greedy people.
Thats why gambling games have persisted and flourished through centuries. It is human nature to gamble and try their luck and stopping them from doing so only has a bad effect. Governments learnt how to monetize this and thus a nice symbiosis has happened.

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You are right, the more time you spent in gambling the more chances of losing you have.
This is correct though. Dont put up an example of professional gamblers though. They are no longer gambling but only promoting casinos to get paid. The have become the house now.

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It is good if you have content of what winning you had and come back when you are ready again to gamble.
Thats right. Being wise about your wins and not playing anymore is a correct choice. But few people can stop the urge to play again because the greed is strong inside them.

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My biggest winning so far in gambling when I was accidentally won in betting site because of having wrong placing of my bet. I was so happy at that time.
I have heard such incidents before but most of them were losses, glad to hear that you had a win.
4898  Alternate cryptocurrencies / Altcoin Discussion / Re: How to escape loss as an altcoin trader on: April 20, 2020, 06:11:39 AM
I've tried before in my day trading to convert it to USDT and it seems like a good strategy to extract your profit from your capital anyway.
For day trading whatever coin you are using will likely be converted and reconverted at short intervals so there what you are holding as intermediary becomes less important. Of course if you get so lucky that one fine day you are trading and that coin gets frozen on exchanges for investigation. Roll Eyes

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I did not trust Tether also before because it seems like way too immediate to have a stable coin backed by USD like we all know that is regulated and regulation isn't going so well in cryptocurrency sometimes.
Nobody does I am sure. But what else could you use? For sites like Binance you can use BNB but again BNB is also a disguised ponzi scheme whose price gets pump and stays there but for how long is not known to anybody. Exchange tokens function in the same way. They are not safe so use them with caution.
4899  Economy / Trading Discussion / Re: One of the Best Weapons in Trading on: April 20, 2020, 06:07:28 AM
I agree to this sentiment thats why i do seldom make use of lots of TA's or indicators when it comes to predicting price
Though I would suggest you to learn about indicators more often. They are useful but not everytime. Something like a gut feeling at times and sometimes completely opposite. Knowledge on how to use them will not go in vain though.

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but somewhat i do simply make use of support and resistance lines and dont make or use much other than that.
For the general hodlers that is enough IMO. You buy low and sell high. But most dont even buy low, they end up buying high and get stuck. Then they are trying desperately to get out of the market so things like waiting on technicals, getting scammed by fake telegram signal groups keep happening. Tongue

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SL are good to minimize loss but i do see this is more relevant when dealing with traditional markets but for crypto? I would rather choose to hang on a thread for longer rather than considering on selling up on a loss.
Holding the coins for a better price is a right decision. But this becomes difficult for those who dont have a strong belief on bitcoin and fear what will happen to it in future.
4900  Economy / Gambling discussion / Re: Why we are not having more sites like freebitco.in[unique cases of freebitco.in] on: April 19, 2020, 05:54:51 AM
The situation with bitcoin has changed with time though.

Freebitco.in was developed in a time when faucets were worth visiting and they have retained their userbase by not just being a faucet but by adding in more functionality like: the dice game and good amount of referral commission, sharing of earned commission - which I have not seen on any other site, correct me if I am wrong.

Then you have the lucky rolls on the faucet of high numbers to get a good payout, one in which I have been lucky to win the 200$ prize once. The reward point system that helps to keep the traffic coming in every hour.

Then when you see Google Adsense stopped their support for faucet sites they moved on which better stuff that other faucet sites could not cope with and eventually other sites had to shut down. I believe this was a tough time for them but they recovered from it properly and started a sports betting section and a mining passive income section.

Now they are giving out lambos! Grin
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