Comparisons always happen. Because the human mind is prone to taking it for granted the explanation that seems obvious but is an assumption only. Now indie projects should not be thought to be similar to altcoin projects because although the concept of altcoin project behind gaming scenes is niche but it is lacking that indie concept of development. Moreover indie projects are never meant to be mainstream while altcoin projects have wanted it but failed to do so.

To some extent yes. But the factor that made them sell off at loss is also to be thought of. If these projects had actually developed something useful in the first place then this situation would not have happened.

Online casinos have flourished during this time. Although there is a human aspect of online casinos too like support staff, development team and live dealers, those casinos are still functioning with a reduced staff roster like other private organisations. Modes of entertainment are low for the addicted gamblers and so they will seek out these options and thus it is a good time to poach of new players who are playing at fiat casinos or land based casinos.

However the money crunch will soon come in. People will start to run out of money to play with and since offices are closed and salaries are being cut, it would better to keep a higher degree of control on gambling.

Which is obviously going to take a huge time. But once the US starts making bitcoin as legal the other countries will follow suit because they have to stay put with US. Anyway lets not go into the politics of the situation because currently the economic slowdown affected every country and bitcoin legality issues is the least important to them.

There is also the problem with acceptance of bitcoin and its usage for common people, suspicion of being a ponzi which are false. But I guess if it is ever made a legal mode of payment then this barrier might get lifted from the people's mindset and then we might see Cab-hailing services taking bitcoin as payment.

But honestly speaking. I prefer to walk if the place is close or use the public transport, it saves money (almost 10times) and it is good for health.

Wrong. They are never identifiable if they are promises. How can you differentiate between a promise that is fake or true when the project itself shows you how its make the money? In face the money making method is a scam as well but peopl fail to understand in the first place. That is why the teams never make anything good out of them. All these projects have failed because they dont have anything develop on. If the fake promises were identifiable then no noob would even put their money in the project.

A big con would never make itself look suspicious. Use common sense, if you are thief, would you show everyone your methods if you want to steal something?

I wish everyone in crypto would be like that but we tend to have more of those who like to depend on other and follow that "copy him and I get rich" attitude. I believe they got this from copying answers and passing school  and with this mentality they copy influencer quotes which are more or less questionable.

Free knowledge is available everywhere on the internet. The problem is that the social medias currently have become breeding grounds for these self-proclaimed influencers who promote stuff to get paid and make it seem like that thing is too good while in reality they dont even care about the thing but only in the money. Some people are literally running their lives like this.

Truth is, legal scams have existed like this since a long time. But people never learn.

Its more like martingale and a losing method in my opinion. Blindly placing bets on every game you can see is nothing but betting a game on 50-50 chance of win. The question remains, whats the difference from this and dice games?

Sports betting needs analysis and determination to analyse every game to be able to make decisions. Not playing rock paper scissors with the betting options and then placing a bet. There is luck involved but still the point of having an EV+ game is that you apply your skills and make money from them.

Maybe OP profited from placing those bets, I am not following them but there needs to be a reasoning behind placing the bet too.

Well I hope you have chalked out a plan for how many miners you are going to install and how to maintain them and cooling costs. In general mining is a pretty difficult ROI game in this market. You dont want to end up with a bunch of heavy machinery and nowhere to make money without having a huge negative balance. I hope you know what you are doing, but if you need advice, you can talk about it in this forum's "Mining" section.

Go for a hardware wallet and not a web wallet. Web wallets dont give you full control over private keys. Even if they secure it well, it is questionable and you cannot completely trust them. We have had hacks of many exchanges several times and people have lost money due to them.

The idea behind the crypto scene is that one needs to be in control of their private keys to be in control of their coins. You should never reveal your private keys to wallet to anyone, whoever has it has control of spending the coins.

Also the internet search engines are made in such a way that if you look for bad points regarding a hardware wallet, you will only get the bad reviews and not a single website is going to give you a objective opinion about them. However they are most secure that you can unless you are tech savvy enough to keep an wallet in a ArchLinux distro airgapped from the internet.

I think is this one of the side effects of having to sign up on more than one exchange just because you hold a specific coin that got listed there and nowhere else. First thing first, for those who have collected altcoin bounties and airdrops in the past, its better to just forget about those coins but of course if they pump then it is a good point to exit them now instead of cluttering your ETH wallet like OP did.

But I guess sometimes we need to be careful about the type of order that we place. Maybe keeping your own double check or triple check policy before placing the trade will minimize chances of similar mistakes in the future. Exchanges where you are familiar with the UI less chances of mistakes happening there.

Only brings in a bunch of spammers who dont care about the project and there for only dumping the coins on the bear market. A public or private sale is the first way to go, of course a private funding is often first to generate an initial backing before going public.

AKA altcoin shill masters? They have lost credibility among the knowledgeable community of the crypto ecosystem. Although these "shitfluencers" are still popular among the newbie crew who dont have the slightest idea of how the market works. Still they only function as advisors when it comes to the token economics. They will sell at a period known only between the owners and the advisors and the bagholders will suffer when they are holding those coins for years but the advisors sell before them. That has happened and led to the demise of majority of coins.

More chances that your friend would already know about some well established fiat casino and would not be willing to budge from it and go for bitcoin casinos. So it will end up in that bitcoiner vs nocoiner debate once again and invariably you will end up spoiling your friendship.

I dont think you should suggest gambling to a friend to kill time. People have the habit of judging everyone and so your friend might take you as a lower standard than you because you gamble - this might seem cruel but it is the truth with many people. You dont want to put yourself in a bad name just because of your gambling so it is better to keep it to yourself.

You can have general mentality of not investing into altcoins because all of them are good for a short term profits but not long term, still there will be people who are taking that chance with startups on IPOs and get fooled by IEOs here which are named to imitate but failed to deliver. If you want to keep your coins safe, buying bitcoin is what I suggest people.

Even top altcoins are not give market performers. The only coin you need to make a good profit from is bitcoin - this has been proven so may times seeing the bear-bull cycles and watching the bitcoin and altcoin markets separately.

For a good capital, putting >90% into bitcoin for the amount allotted to cryptocurrencies is a very wise decision.

This might be true for risk takers but not everyone is a risk taker and that is not bad. One person might have money in store to cover up their losses for a long time but some people may not be that prepared with the market.

Now whether holding long term to sell or day trading to buy and sell are two different things and in my opinion both are important. How much you put in the market is less important than how many way you put into the market.

This is different from diversification - which is a wrong thing in this market, because altcoins are shit.

Sure just quote a rising segment of a coin and use that as a method to rope in more people to a shitcoin. Market prices are not indicative of development. Just because some whale decided to buy a coin and raise its prices slowly or immediately does not indicate anything good is happening to the coin.

It will be a wrong time to enter when the price has already risen. The time to buy if you wished to would be at the drop when people were selling and not when it is rising. However if you are confident about ETH then do so without any holding back. However previous charts of ETH seem to be useful in this part saying that it has been really bearish in the last 3years.

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.

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?

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.

Depends on the trader's goals.

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.

Whatever in this world that gives high rewards has high risks. It is a sort of balance.

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.

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.

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.

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.

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.

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.