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5961  Economy / Gambling discussion / Re: BTC price VS gambling on: February 25, 2021, 12:21:58 AM
~snip~
That is precisely why I feel like I am making big bets, the price of dogecoin is so low that I can bet a lot of doge and still make a very small bet, this makes me feel as if I am making these huge bets when in fact when I look at the amount in terms of dollars or bitcoin I am making very small bets, however that is the impression that I get if that is not the case with you that is fine, however dogecoin is critical for gamblers right now as the fees are still too high in bitcoin and for the most part if you make bets with a small amount of capital it is likely a great deal of that money will disappear in fees if we used bitcoin.

Dogecoin price is not too high, even if it was getting pump before, so we can still use Dogecoin to gamble. I can accept if I lose hundreds of Dogecoin because the value is still not too high, using bitcoin, ethereum, and litecoin. We can play for longer than we can use Dogecoin to bet, but we know that it is not recommended to play too long in gambling games. I am trying to prevent using bitcoin since the price starts to increase because I think that will impact the fees, and I don't want to send my bitcoin to gamble. At least, I can sell my bitcoin at the exchanges and make a big profit a few days ago when the price is at a high peak.
5962  Economy / Speculation / Re: Correction is coming on: February 24, 2021, 06:46:29 AM
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

I wonder from where you find the correction will get 50% of the downwards. Can you share the information?

I think we are free to sell our coins, in any condition, because people will decide when they can sell their coins. But now, I think some of us still hold the coins and do not sell their coins, but buying more amount at a low price. I am sure we have our plan with our coins, so when the price is still up and down, we can know what we need to do. The correction will always happen to the crypto market. The thing that we need to do is what we should do if we see that it happen.
5963  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience is the Key on: February 24, 2021, 05:48:21 AM
I think not only patience but also luck is the key to success. Because a lot can happen in cryptocurrency in a period of 4-5 years. You must choose the right coin to hold. Otherwise you may lose all your coins.

Both patience and luck can work perfectly, especially if the market can rise again after it was down a few days ago. After you can sell your coins at a high peak, you can wait for a while and see if the price can get down or drops too deep, so you will get the best time to buy back and hold your coin. The altcoin will drop after reaching the high price following the bitcoin price. So if that time comes, you will get the best time to buy back altcoin besides buying bitcoin. Our patience will give a reward, especially for people waiting for a long time to sell their coins.
5964  Economy / Speculation / Re: Bloody Crypto market. on: February 24, 2021, 04:53:07 AM
While others are panicking i am busy snipping how low it can be  Grin .

I am happy to see you can take benefits from the downtrend hahaha Grin

When the bitcoin price can back to the high price, you will see your portfolio amount will be bigger, and if you sell bitcoin at the next high price, you will see your bigger profit so that you can repurchase back bitcoin the next time. I am following what you did yesterday, and although I can't buy back bitcoin at the lowest price, I am happy that I can buy bitcoin at $47k-$48k because I spread my order buy a various lower price. And now, I see my money value grows following bitcoin price increases.
5965  Economy / Gambling discussion / Re: BTC price VS gambling on: February 24, 2021, 03:49:20 AM
As the price of BTC rises the fees rise as well. Using alternative coins as a means for gambling will be beneficial, especially altcoins with lower fees. It will be difficult to sustain gambling if you will keep on using BTC or even ETH due to the pricey transaction fees. The best option I use is XRP it costs way lesser to transfer and is faster.
It really depends on the different players' attitudes because there are many high rollers who do not care about the price even if it is going through the roof. For regular small gamblers who want to bet and gamble low amounts the only way to go is to look for alternatives. Personally speaking I would never use XRP to gamble but I see you like it.

XRP can be one of many altcoins which gamblers can use to reduce the high fees. But still, not many websites accepting XRP as a bet, but the sites will add another coin that is not too expensive as XRP. With bitcoin price is up and down, I think many small gamblers prefer to hold their bitcoin and not use it to play gambling as they want to profit from trading. Perhaps, we will see a gambling site transform into better things following bitcoin price increases, and if bitcoin price is reduced, I think a gambler will still hold their bitcoin. At this time and after this, the gambling site will be different than the last year and 2 years ago.
5966  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: February 24, 2021, 02:52:48 AM
There's actually a lot of poker hubs on Australia. Although I expected US to be somewhere on top of this list or Hongkong perhaps. As someone who has interest in sports betting, I find it very easy to slip into the world of online gambling.

You win some, and the aspect of learning cryptos just makes it more fun for me. If we can categorized data like this but based on Bitcoin gamblers, that would be nice.

It is right. When it comes to online gambling, the statistic can not be a guide because people from many countries can visit any gambling site, especially if their country doesn't block access to visit on all websites. Even if people get the block to visit the gambling website, they can easily continue to visit and playing gambling using VPN, so that will not be a problem. If online gambling is included on that list, the data needs to research more to find validity. Still, I guess the data will not be valid since many people, including teenagers, can play gambling following the adult around them.
5967  Economy / Gambling discussion / Re: When is the right time to gamble on football. on: February 24, 2021, 01:54:53 AM
If you want to know when the right time to gamble, you must know that if you know almost everything about the league, the teams, and the players, perhaps, that is the right time to gamble as you can have a chance to win. You can gamble on football when your favorite team plays and against the other team, but as I say, you need to have information about the teams that will play to win the game. If you think you are a newbie in sports betting, you don't have to use a bigger amount, but you can try with little money. You must know that you need to accept the risk of losing in the gambling game.
5968  Economy / Trading Discussion / Re: Never Be in a hurry on: February 24, 2021, 12:51:22 AM
That is what we need to before doing something, so we can make sure that we are ready for anything that can happen to the market. If you can analyze, it will help you know the current situations, and if the price is at a low price, you can buy it more after analysis. But doing a hurry in buy or sell will not be good because it can move to any price after you buy or sell. I agree that we can buy or sell for some small amount to see where the price will go, so we can know how to anticipate the losses if the price is down. But if you think the price will go down after the price reach the high price, you can sell it before you miss that chance,
5969  Economy / Speculation / Re: One of the best times to buy would be probably be around now. on: February 23, 2021, 02:20:07 PM
You can say that now is the best time to buy bitcoin, but I hope you can analyze why you should buy it now because the price can get down for more. If you can find something from your analysis and make sure that the price will bounce to a high price, you can buy it now. But if you think that the price will go down, you can wait for a while and set your target price to buy at a lower price, so when the price is down, your order buys price will automatically be filled. This time, the market was unpredictable because bitcoin is down, and we don't know when the price will be back to the high price. So you need to be careful to decide.
5970  Economy / Speculation / Re: Bloody Crypto market. on: February 23, 2021, 01:12:07 PM
People still panic to see bitcoin prices going down, which makes the price still going down without us knowing when the price can increase again. But for a long time, the bitcoin price will increase, and I consider this time a correction for the price, and we have the best time to buy bitcoin again. If you want to watch the price move, that will be okay, but I guess you can miss the chance to sell it at a high price, especially if the price can back to the high price as soon as possible. Before you do anything, you should analyze and make sure you know what you want to do.
5971  Economy / Gambling discussion / Re: Crypto Gambling Weekly on: February 23, 2021, 12:11:45 PM
~snip~
The problem with playing unverified in a gambling website is that the gambling website can use it to their advantage by locking the user out of their account if they were to ever win something big, it is a pretty prevalent issue right now. I don't think that it will be easy for a gambling addict to manage their money, they are the worst kind of people that will have money land on their hands. I was once told of a murder of someone who was a gambling addict who owed so much money that there is no way that that person could pay it. Hopefully, not only gambling will make cryptocurrency popular but also bitcoin as it is.

It can be avoided by playing gambling at the recommended, trusty, and have a reputation gambling site to prevent that thing. As long as a gambler can know about that, they will be okay and will not get any problem. That will be the problem for a gambling addict to solve their issues as they must know that playing gambling can make them addicted. They should not become addicted and always take care of themselves by managing their money. The cryptocurrency gives a chance to make a gambling business grow, especially for a crypto gambling site.
5972  Economy / Gambling discussion / Re: My Football Gambling System: A Betting Experiment on: February 23, 2021, 10:21:42 AM
~snip~
I agree that it is a good system but I have a hard time going on OP's side about the experiment, I find it lucky which doesn't sit well with me because I have gambled back then not relying on luck but skills so I hope you can understand why I don't like the experiment even though it resulted to something good especially the Sochaux one, that one is a risky bet. I hope that it was the case with OP knowing that he is going to win because the stats seem random at glance. Maybe if other users were to do this experiment on different football league or different sport then I might be able to believe that the system will work.

That is normal because luck will only come to the right person, making many people can't win on many rounds. The result will vary for every people who use the same strategy. Perhaps, some people can win while others will lose as we don't know where the luck will come. If luck comes, people can win by using many strategies and not just the strategy from @OP. But the system is hard to work for many people as they still need luck to win the match. Perhaps, people need to experiment to see what strategy they can win, so they will know that every gambler's strategy will not be the same.
5973  Economy / Gambling discussion / Re: BTC price VS gambling on: February 23, 2021, 09:20:16 AM
Op, like last time, our answer will be the same and that is 'Yes', we still gamble with btc but decreased the size of the bets because we cannot afford to lose $530 per bet while placing 0.01 btc bets any more. The size of our bets have significantly dropped and we may stop gambling with btc if it shows continuous peaks and makes a new high above $100k because 1k sats will become $1 at that time.

We don't have to use bitcoin to gamble because we have altcoins that can serve us to avoid the high fees. Yes, we drop the amount of using bitcoin because bitcoin is now at a high peak, even if the price is below $50k, but soon, the price will increase again. So we decide to use bitcoin or moving to altcoin because that is what we need to do if we want to play gambling with crypto. We don't have to confuse using bitcoin or altcoins because we should think twice about using crypto to gamble. If we just want to feel the fun thing, we can use altcoin. Otherwise, we don't have to gamble for a while.
5974  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk Another Twitte for DOGE COIN on: February 22, 2021, 11:15:34 AM
No one will know. It could fly again to 200 sats or not fly and stay at a price now. Many people already profit from dogecoin at the last high price, and many people lose their money because they buy dogecoin at a high price. But many of us want to see dogecoin increase higher and back to more than 200 sat's. Everything can happen to dogecoin, but if you're going to buy back dogecoin, you need to analyze more to find if dogecoin is good enough to make a profit or you should search for the other coins. We will see it later.
5975  Economy / Speculation / Re: A guy celebrating Bitcoin reaching $100 on: February 22, 2021, 09:17:34 AM
I am sure he was very happy to see bitcoin reaching $100 because, at that time, it needs to wait for some time to see bitcoin price can increase. I am sure that is almost the same as when we see bitcoin price can break $19k, $30k, $40k, and $50k. We will be happier when bitcoin can reach $100k or even $1M someday because that means we will make a lot of money. But I wonder if that guy still has some bitcoin that he kept from a long time ago because if he still had that bitcoin, I am sure he will have a big smile on his face. After all, he is making a big profit.
5976  Economy / Speculation / Re: next Bitcoin price correction WHEN? on: February 22, 2021, 06:50:51 AM
~snip~

No one really knows especially the hype is so high and the presence of big institution are still there plus we add the current alt season happening this year so I think the correction will hardly enter by this year. But we can still enjoy the moment and can possibly get a good position if we buy today since there are instance that the price of bitcoin pull back so its best to have a good insight and buy it before it pump again since every movement is a good opportunity to gain.

I think this day the correction comes because the price is down at the $55k level. But we do not know when the correction will stop, and the price can bounce up to the high price. It is normal to see the correction after the price reaches a high peak, but we are getting a good chance to buy back bitcoin after selling some at a high price. We never know what will happen after this, and if you think that this time is the best time to buy bitcoin again, you can place your order buy before the price start to increase.
5977  Economy / Gambling discussion / Re: BTC price VS gambling on: February 22, 2021, 05:46:21 AM
~snip~
Right now that seems like the only viable option, dogecoin and other coins have very cheap fees and confirmation times that can help us to keep gambling while this bull run is happening, also one of the things that I like about dogecoin is that its value is so low that I get the impression that I am making big bets when in fact I am betting very little money, the only issue is that as we know not all casinos accept dogecoin so this can become a problem for those that gamble in casinos that do not offer this payment option.

When we use Dogecoin, we will not feel that we use too big money, as the Dogecoin price is not too high compared to the other coins. Compare to Tron, Eos, or XRP, I prefer to use Dogecoin like you, and that is good if we know many gambling sites which have Dogecoin as the option to gamble. We can prevent the high fees and long time confirmations by using Dogecoin.  And with the increases in the cryptocurrency price and popularity, we should be wise to select the coin for gamble because I don't think that we want to lose much money.
5978  Economy / Services / Re: [CFNP] YOLOdice.com Signature Campaign on: February 22, 2021, 04:52:22 AM
4 years is not a short time, and Yolodice becomes one of the gambling sites with a good reputation. I am proud to become one of this family.
Thank you, Ethan. I know you will come back again with a fresh idea.
Thank you, Moglie, for being a good manager for us.
Thank you to all of you guys who being part of this big family.
5979  Economy / Gambling discussion / Re: My Football Gambling System: A Betting Experiment on: February 22, 2021, 04:38:53 AM
Kudos Pmalek! It was so amusing to read your OP and the main specs of your experiment, which it looks to have been quite profitable too. I think I had similar ideas in the past but as for many things in my life I lack consistency  Grin
Now in my spare time I'll check to see if some teams like the one youìve picked can be found and start something similar. After all, we are talking $3 to start with.
It might be profitable for OP, I read the stats and I agree it is quiet good of a system, the only problem that I see is the increase in betting increment each time the team loses a match which could be dangerous for any inexperienced bettors. I have to say that it is a good experiment but nothing beats the analysis of a team before betting on or against them.

I think an inexperienced gambler doesn't have to follow what the @OP did, especially if they don't know much about the team. It is good to experiment like @OP did, and I think we can make our experiment that will be different from the @OP.

Perhaps, @OP has the confidence to win in the next match, so he increases the bet amount. I think he already calculates everything so that he can decide like that. I am sure @OP has experience in that, and he can think much before decide, and he knows how to manage the risk.
5980  Economy / Gambling discussion / Re: Crypto Gambling Weekly on: February 22, 2021, 03:38:38 AM
Thats how crypto been widely used. As bitcoin and other altcoins has been made not only for crypto payments, blockchain purposes but also can be used for gambling/gaming purposes.

Also, crypto gambling websites tend to reach some players even on their homes by betting on sports, playing some casino slots and other games thru crypto coins. This innovative offers frictionless gaming for players. Not only that but it can also promotes great use and purpose for cryptocurrency.
More people want privacy when they are gambling so they use cryptocurrency to gamble because there is no money trail that is going to affect their personal life if they are trying to hide their gambling addiction or habits. The way I see it, gambling reaches the people at home through advertisements from the sports that have been sponsored by this gambling websites.

Besides want privacy, people want to use different currencies besides using fiat money. They can still use fiat for something in their real life while using crypto to gamble. If they can manage how they use their money, they will not have a problem with using fiat and crypto for their life. But the privacy will be one thing that they concern about because by using crypto, they don't have to verify their account to just playing gambling. The Crypto gambling business will grow because of the use of crypto, making cryptocurrency popular.
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