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5541  Economy / Exchanges / Re: Different between Binance and Binance Dex. on: September 11, 2019, 07:44:11 AM

#Update 1:
1. Is it possible that one day Binance DEX beat the main Binance exchange...? (Just Curious  Cheesy Cheesy)

No, because it's own by the same company, their only difference is the current popular one is a centralized exchange and Binance DEX is a decentralized exchange. According to the CEO of Binance, he once said IIRC that decentralized exchange is the future of exchange, so if Binance DEX will overtake Binance in terms of popularity, then it will still give benefits to the owner of the exchange which I said the same company.
5542  Economy / Trading Discussion / Re: Do whales got burnt in the market. on: September 11, 2019, 07:24:42 AM
Whales also make a mistake, so obviously they get burn also.
They are traders although they have a big amount of capital but they aren't perfect that they will make good decision all the time.

The fact that the market is so unpredictable, there is no way a person even a whale will make easy money.
As whales, they have the power to move this market due to their big holdings, but it's not guaranteed that if they move, they could benefit in the end.
5543  Economy / Speculation / Re: Analyst: Bitcoin below $ 10,000 is a gift! on: September 11, 2019, 06:57:23 AM
Agree with this, and I think a lot of investors are agreeing that below that range is a gift because at $10,000 bitcoin is so stable.
I've seen some dump lately below $10,000 but we are back again, we almost hit $11,000 this month but we failed to break the resistance but good thing is that we are still at $10,00 now.

Back then when BTC was still at sub $3K, $10K was already an impossible dream for some people, but here we are now, if we cannot make a new ATH this year, we should be happy with the progress of BTC in terms of recovery.
5544  Economy / Gambling discussion / Re: Gambling Money is Dirty Money on: September 11, 2019, 06:12:18 AM
Yes i agree that money from gambling is dirty but for me in my opinion it depends. wherein if it's illegal on our country then we can call it a dirty money. But if it's not ,probably it will be a clean money that we earned from it.  Because i believe not all money on gambling are dirty and it always depends if it's prohibited and illegal in our country.
For me, it doesn't matter when it's coming as long as I earn money from gambling, which until now I don't have the success in doing it yet.
Earning money in gambling is hard because most of us are losers, that's why some are just discouraging us that gambling is a dirty money so we will not play anymore.

The operators in gambling will always be a winner in the end and they are into a profitable industry, so if you will ask them if they are earning dirty money, they won't mind it because it's still the same money with the same value, as long as we are safe in what we are doing, lets just enjoy the money we earn, whether it's coming from gambling or other unusual method of earning money.
5545  Economy / Trading Discussion / Re: Crypto Bull Run!!! on: September 10, 2019, 11:04:54 PM
Where not on the stage yet of crypto bull run, and I think even Bitcoin is not moving bull run just like what happened last 2017.
Because halving for me is not happening yet so far. So day trade is the most often being used by the day trades in every exchange site
platform .

Halving will happen next year, 248 days from now to be exact, we can also check the countdown here https://www.bitcoinblockhalf.com/.
If people believe that halving will help bitcoin's price to increase, we should expected a bull run next year if it will not happen in the last quarter of this year.

Just be patient, I know people wants to see a bull run as it's a good chance for them to see altcoins rise in value as well, but we cannot dictate the market, we just don't have the power to move it, let the whales do what they usually do, and when most of them unite in moving the price, then we might see a bul run and a FOMO created.
5546  Alternate cryptocurrencies / Altcoin Discussion / Re: New investors are too impatience on: September 10, 2019, 10:53:04 PM
So many projects nowadays are scams, more than 80% I would say. People give up their money to these scammers, end up being scammed and dumped hard. Most of these projects not even end up making even the listing. Just be patient and it will pay off eventually.
Be patient or be smart? If we are holding a shit coins and we know it's already a scam, patient would not anymore help because most likely the coins will not rise anymore as it will be dead in the long run.

If we make mistakes choosing a wrong investment, what we need to do is just from our mistakes and movement.
Hence, it's necessary to know how to diversify our funds so if we make mistake we still have other investment that we can rely and expect it will make us profitable, we should not go all in in one project only especially if we lack knowledge and experience.
5547  Economy / Gambling discussion / Re: Gambling Money is Dirty Money on: September 10, 2019, 11:05:46 AM
The term 'dirty money' is usually reserved for money that has been earned or transferred illegally, such as through gang-activity, drug trafficking, extortion etc. Unless gambling is illegal in your country (and it is in some countries), then money earned or lost in gambling cannot be considered 'dirty money.'
Completely agree, gambling cannot be a dirty money if it's accepted in your country.
I know there are religion who prohibits their followers from gambling, maybe we will also consider that but then everyone has different judgement on gambling, if it's based on the definition by law, gambling should be considered illegal first to consider what we earn is a dirty money.

There are countries which ban gambling, especially from muslim countries as it's against in their religion, but in some countries where christians, and other religions are dominant in numbers, gambling is accepted I think.
5548  Bitcoin / Bitcoin Discussion / Re: Will bitcoin get banned worldwide? on: September 10, 2019, 10:46:29 AM
Bitcoin, the crypto currency, has become huge in popularity over the recent years.

One of the main features i like about bitcoins is its transactions are anonymous. But that makes me wonder if a time will come when it will be banned worlwide. It has started in many countries.
It is not very difficult to ban Bitcoin worldwide, this is impossible, even many countries prove that Bitcoin does not affect traditional finance.
Banning bitcoin worldwide is possible if the government unite in that decision.

They are the government, they have the rights to regulate and even ban bitcoin, however, banning does not mean it will stop the system, bitcoin will still remain and there will still be a lot of transactions in the market since no one can stop the miners from doing their thing, therefore, the government should see this, they can ban bitcoin but they cannot stop it.
5549  Economy / Trading Discussion / Re: Best crypto currency ever to trade in ? on: September 10, 2019, 10:39:58 AM
I want your suggestions about which crypto currency is best for trade with respect to maximum profit ratio and minimal loss.
What necessary in trading is the high liquidity and the volatility, with that, I suggest trading only in bitcoin as this one is safer and easy to predict compared to the altcoins market. Bitcoin is already a high risk asset but altcoins are higher since bitcoin is dictating the market now with a dominant rate of 70%.

However, in the long run, you could adjust your strategy as there are a lot of coins in the market that you might be interested trading with.
Sometimes altcoins are profitable but most of the time, it's bitcoin since it's the most stable coin in the market.
5550  Alternate cryptocurrencies / Altcoin Discussion / Re: Bonuses are only to deceive people on: September 10, 2019, 04:50:23 AM
If the project is a scam, all they offer are all deceiving, but in general, bonuses are offered to attract more investors, it should not be viewed as a deceiving offer, if you don't like what they offer to you, just simply disregard them and look for other projects to invest.

With a big and growing competition in the market, it's expected that projects will be more aggressive in giving good offers just to attract investors, it might look desperate but that's their strategy and there are still some people who believes in them and seeds the bonus as an opportunity.
5551  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will BNB reach $50 This Year? on: September 10, 2019, 03:47:29 AM
I think it will be difficult for BNB ti touch $50 in this year, because current market price moving up and down quickly. My opinion $35 - $40 is the best price for BNB if that reached .

$40 is reachable especially that BNB is the MVP this year and with the improvements every now and then and considering the value of btc and if btc will be unstoppable for sure bnb and others will follow and can even reach $50.

BNB's high this year is usd 38.90 according to https://coinmarketcap.com/currencies/binance-coin/.
$40 is very conservative while $50 is very reachable this year, BNB sats value does not need to move and we will see a new ATH this year when BTC will reach at least $15,000 this year which is also doable since we've reached $13,000 already.

Just one big run or big pump and we shall see BNB to be hype again,when it break its current high, it will continue to rise and might reach over $50.
But then again, there are just all predictions, it could be the opposite that we might witness but we aren't hoping for that.
5552  Economy / Gambling discussion / Re: FIBA Basketball World Cup 2019 on: September 10, 2019, 02:48:26 AM
sportsbook.ag:

Thanks for introducing me to this new sportsbook, I was surprise they still have the line to which team will win in the FIBA.
According to the line shown in https://www.sportsbook.ag/sbk/sportsbook4/fiba-2019-betting/odds-to-win.sbk, It's still the USA who is the favorite to win the competition.

I screenshot the odds for you guys,



Anyone here have the balls of taking the Czech Republic for x101?
5553  Alternate cryptocurrencies / Altcoin Discussion / Re: No good projects from a long time on: September 09, 2019, 11:24:20 PM
I think this is very much related to a saturated market making it less profitable for the development of new token prices. Many projects promise to make a variety of products that are very useful, but with difficulties in developing prices, investors have not yet ventured out of their safety zones.
Really up to the investors but smart investors who like to play safe all the time and would always choose bitcoin because of how people trust it over altcoins. It's not safe to put our money in altcoins when bitcoin dominance is still 70%, it will make them panic easily since altcoins is more volatile with that rate and the trend is not attractive at all if we look the one year trend of altcoins.
5554  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Will be much better on: September 09, 2019, 11:07:42 PM
Crypto will be much better if we care more about developments and less about price. Crypto will be better if team members are more sincere in ensuring the project aim is met, and not just getting funds from token sale after which they do nothing.  We need working systems, more products that can be used in real life and not just hyped projects with no relevance. Let's hope things get better in future, there is a long way to go.
Expect that the market will improve and mature in the future, obviously, what we are seeing now is more on hype because even those projects that I believe are good but are not hype in the market might fail if the current standards of the market now will be followed.

I think we have to judge it based on how investors sees it, at this stage of the market, a lot of investors who are not matured yet, most of them think of instant return than the potential of the project in the future, that's why the market moves on how they react and that is why whales can easily play their game.
5555  Alternate cryptocurrencies / Altcoin Discussion / Re: Sleeping giant altcoins on: September 09, 2019, 12:44:56 PM
I am going for Huobitoken and BNB. I think its best to go with exchange tokens.

That's a safe choice with the way the crowd funding is being done now, especially BNB where they have more success in terms of IEO compared to other exchange but it's good to grab Huobitoken as well since it's not as expensive as BNB yet.

If these 2 exchanges will compete, one might go down and the other might go up, and their value will be affected.
Good thing with Huobitoken is that it's currently cheap and if it will have more success than Binance, we can expect that Huobitoken will value at 20 usd too.
5556  Economy / Gambling / Re: 🚀 Sportsbet.io - Main Club Partner of Watford FC ⚽ Fun. 🏀 Fast. 🎾 Fair. 🏆 on: September 09, 2019, 12:05:17 PM
Can we exchange crypto currencies in Sportsbet? Like switching from Ethereum to Bitcoin? I cannot find it on the website but maybe I am wrong. Because some gambling sites like Crypto-Games have their own exchange too. Thanks.  Grin
I think they don't have that feature yet, I am constantly using the site but I have not seen any announcement about this one.
It would be cool if they will add this kind of feature but for me, I'm already satisfied that they also accept altcoins and the best thing they offer if the fast and free withdrawal of your coins.
Indeed, so far they have not added this feature, but if you think about crypto-games they accept lots of altcoins, so don't be surprised if they have that feature. Unlike Sportbet which only has 4 cryptocurrencies and 4 fiat money.
Also, I believe sportsbet market more on their sportsbetting platform as they carry that brand which is obvious by the name itself.
If they see this necessary, they will add this feature, but most of the sportsbook I played with has no feature like this, so I'm not expecting they will add it soon.
5557  Alternate cryptocurrencies / Altcoin Discussion / Re: My greatest crypto regret on: September 09, 2019, 09:19:53 AM
My greatest regret was selling my 2btc on the 10th of april 2011.... i felt it was not a viable investment as at that time and was glad i could sell it. Which i have the wand to turn back the hands of time i would have kept it and cherish it. Now i hodl for long time and sell only accrued interest pr returns
I already heard a lot of such stories when people sold their BTC or altcoins and thought that the project could not develop. the most important thing is that you are still in this market and continue to earn money
Sometimes things like that happen due to the change of market situation, normally, most of the investors are starting to invest when the market is good because they believe that the progress will continue and they'll be able to have their ROI in short term period, but that expectation is only brought by lack of knowledge in the market because if they will study the history of the market, they will know that there are some big ups and downs in that happens in times when people aren't expecting it, that is why this market is labeled as an unpredictable market, hence the risk is high.
5558  Alternate cryptocurrencies / Altcoin Discussion / Re: No good projects from a long time on: September 09, 2019, 08:30:16 AM
The major inventions have already been made. New ICOs are only trying to improve on the existing foundation - which is good because it will keep developers of older projects on their toes.

Competition is always good in any market situation.

Which new ICOs you are talking about? I like to know because it seems like no matter what they do, it's still hard for them to sell their tokens.
The new trend now is IEO, maybe you are referring to this one, am I right?

When it comes to judging the project, it's on the eye of the investors, not because the project did rise its value, it's already considered a good project, that's a bad judgement because we also need to be aware about the hype in the market, what's important here is the long term effect and the continues growth and not the pump and dump scheme only.
5559  Economy / Gambling discussion / Re: Gambling destitute on: September 09, 2019, 08:00:37 AM
But you can't do gambling without games. Am I right? So basically gambling exists because there are games to stake our money with.

Maybe what he meant was playing games but without betting any money.

But I agree that the reason why there are gamblers, that there are money bets is because there are games to bet on. Though not all of the bets happening are games, it is just the popular one.
I think this is not all about the money that you can bet, all valuable stuff can place to bet on not only money. The fact people think that gambling is a source of income that's why they keep coming. Gambling really makes a person destitute if he cannot control his emotions because as we all know gambling is addictive. You should always think that gambling is only for fun and not a substitute to be a source of income. Be responsible if you are in gambling and gamble moderately is adviseable.
It's too ambitious to think that gambling could be a source of income, a lot of us gamblers wants to experience this but most of us does not have the skills to earn money in gambling consistently.

Compared to trading, I think we have more chance to make money in trading because gambling is not really built for us to make money, but it was built for us to enjoy why we are spending money for operators to be profitable, that's how simple it is, we don't need to think complicated about this thing.
5560  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 09, 2019, 05:59:14 AM
For me it's foolish to keep losing money everyday, then win an amount that is lesser and be joyous, you could have as well saved up all the money you've wasted and it would have yielded an increase for you Shocked.
Indeed. But some people wont realize it especially if they are happy to gamble their money for the hope to win like in lottery. I know someone who regularly gamble in lottery even the chances of winning is one in a million.

Its common to be happy (and forgot the past losses) if you win regardless of how much amount it is.

Winning in lottery is a life changing event, for sure a gambler would forget all his loses because we are talking of million or millions here.
However, let's be realistic, we know the chance of winning in lottery is very slim which is close to nothing, but we still hope we can win one day.

When a gambler continues to spend for lottery ticket, I don't think it would hurt his pocket a lot because the amount that is spend is just a small amount, unless he is crazy to spend for many tickets thinking it will improve his chances of winning.
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