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601  Economy / Economics / Re: My life plan for wealth and btc good idea on: February 14, 2024, 02:09:21 PM
No one has an insider information here OP and it's most likely that if there's someone that's got an insider trading,
True, no idea what objective the OP actually has for but people giving out such info will never actually have that information, they may just be attempting to scam a newbie.

Accurately predicting the price of bitcoin if possible then such people would have already become millionaires and trading would be too easy for them, almost like using a cheat code to beat the game. In other words, its not possible in reality.

Dont be of the mindset of paying someone to get rich yourself, you will be paying, not getting anything in return and learn trading yourself and then you will realize your mistake here.
602  Economy / Trading Discussion / Re: Trading psychology and TA on: February 13, 2024, 02:00:27 PM
Its the mindset - being a person who does not sell when the market is falling and does not buy when the market is rising is important. The majority of people who enter crypto are with a get-rich-quick mindset, because of which they will follow this mistaken line of trading.

If your mindset is not like that you will be able to make profits be it short or long term, provided you keep yourself limited to bitcoin. I cant talk about altcoins, they are not my cup of tea.

TA is going to show you the trend, but do not depend on TA fully, the market has a bad habit of reversing itself before you know it.
603  Economy / Economics / Re: Pay discrimination on: February 13, 2024, 01:50:45 PM
Jobs that are easier to obtain get paid less due to the fact that almost anyone can do them. Too much competition is bad for job pay.

The market regulates itself. At least that is how I see it.
This is something that everyone does to realize or they realize but they dont accept it. Easier to get jobs are plenty, gig workers are in huge number does not mean that their job pays huge as per the amount of physical labor they have to undergo or mental pressure they have to sustain and the lack of job security.

That person who worked their youth off earning a degree and is now using it to apply their skills and get paid, deserves it too and hence the pay discrimination will always be present.

Hence people should not be lazy and work hard to find their passion and pursue it to be able to reach a job that is keeping their satisfied and paid.
604  Economy / Gambling discussion / Re: Do you have a habit of tracking your gambling progress? on: February 13, 2024, 01:42:56 PM
Do you have a habit of tracking your gambling progress?
No because I rarely gamble nowadays but invest in casino bankroll, which in another form can be accepted as a mode of gambling too because I am being the house and I am exposing my invested money to the high rollers chance of winning form. I havent been tracking them but they are currently giving my profits.

My previous investment on cryptogames yielded 50% over a year. My current investments are running in positives, though I will not declare the exact numbers.

For gambling addicts, these type of things are what they are allergic to. Grin
605  Economy / Gambling / Re: Blackjack.fun on: February 13, 2024, 01:37:44 PM
Has there already been accusations/cases started against BlackJack.Fun, saying that they refuse to send withdrawals to their users' wallets? That would not be good for their reputation, and that especially becomes worse if they're true.

I was a part of their campaign too for many months, and they built a very good community for their service. BUT because of their generosity, there were nefarious individuals who took advantage of them. "Diggy's Hole" was absolutely abused, probably sometimes without lotion. Hahaha.
They do have a representative account on the forum and they replied to this thread too. I am yet to see a "legitimate" scam accusation against them, the ones being masqueraded with are lacking substantiation, even if the accusers say so.

If that was the case their account would have been painted with red and flagged. The ones still in doubt should dig carefully and do the math before misinterpreting facts.

It would have been better for the site to stand their ground and not pay a single compensation to such blackmailers, in my opinion and accuse the reputation of the same with evidence of the harassment. Sick people need professional treatment, not appeasement and in this forum, negative trust.
606  Local / India / Re: CoinDCX CEO expects crypto tax to be reduced after 2024 election. on: February 12, 2024, 04:39:21 PM
About the statement from the co-founder of the Indian exchange what do you think?
He is making a bold claim, but I will believe that once I see the budget. A 30 to 10% drop in taxation would mean a lot at least in the current scenario of 30% and a drop in the TDS would be a bonus indeed. But again, I would believe it when I see it and not before that. Just hold your horses till the budget get declared.

Looking at these above facts, the chance are very slim for cryptos to become legal in India. But yes, it's a speculation as you have mentioned.
A lot of people are against it but the people of India want this to happen. We should continue to hold and stack up our coins every month so that we will be at the advantage when the day finally arrives.
607  Economy / Economics / Re: The world's logic favours income makers, not the savers on: February 12, 2024, 04:31:52 PM
It's true, sometimes I personally feel very sick of paying taxes, but there is no progress obtained from taxpayers, who knows where the tax funds are allocated, good government and tax-abiding citizens in the country there will be no serious poverty
Tax are supposed to be used in a development of the country among other things that the government pays for. Unfortunately in many states of this world, the money is used to do things that the political parties controlling the government at that stage find useful for their future elections and own greed.

However you dont have any option to not pay the tax. If you try to evade through crypto you will eventually get caught, no point sulking over taxation. It is like a necessary evil at this stage.

Saving money has its importance too, even though the OP seems against it. Emergency funds and savings make a difference in the long term even if inflation is going on. Risky assets have their own place and each of theses are to be kept separately.
608  Economy / Gambling discussion / Re: Taking a break in gambling on: February 12, 2024, 04:25:53 PM
Breaks are important in gambling. For those who are traversing the fine line between addiction and playing for fun, breaks are the one thing that keeps them on the fun side and not cross over.

Casinos are built in such a way that the players keep playing on it, with the VIP systems, bonus/rakeback and so on. The player has to realize this and control their habit otherwise they get addicted. If they take a break they understand that there is a huge life outside the casino and they are missing out on such things.

A bad streak can be broken by taking a break. This is often tough to understand but accepting the defeat is often safer in gambling than running behind it.
609  Economy / Gambling discussion / Re: How often do you win? on: February 12, 2024, 04:21:19 PM
Here it is better to ask not how often you win, but how often you stay in plus or minus. It is possible to play rarely, but win good sums of money. Unfortunately, I can't call myself a very lucky player, but I don't go into a big minus either.  Of course, I have to find a better strategy
You can win often, but does wins translate to profit? Suppose you are running a 1.1x on a dice game, you will get many wins numerically, but your  net profit will be low. Eventually the red will hit and drown you back to red and then the cycle continues, putting you at a lower level with each red.

The fact here is that the more you try to win from a casino, the more you will lose because in the long run the casino will outperform your game. So it is better to play for the fun and spend the money on it before leaving. Dont lose track of time in casinos, you will lose a lot more than you expect.
610  Bitcoin / Project Development / Re: I'm looking for someone who will help me with my project acechange.io on: February 12, 2024, 03:45:04 PM
You should get a signature campaign running for your exchange. It will be the preferred way to get word of mouth out about it and hence gather users and traffic. This will bring in p2p traders for sure and it will be a promotion for your site.

We already have sites like Bestchange running their campaigns on this forum too own their own.

For that contact any of the campaign managers on this forum, here is the old list Overview of Bitcointalk Signature Anti-Spam Campaign Managers Contact any of them, but do check their respective threads first.
611  Local / India / Re: A New crypto futures Exchange is in line - Pi42 on: February 11, 2024, 10:02:57 AM
What is the use of such tactics to hide VDA tax using a loophole in the law?
Selling point maybe? Kinda cheeky, but it works I guess.

Quote
The government would come up with an update on the current law and then what will happen to the users. There was a time when such tactics were used to manipulate the stock market. The government at that time was helpless as the technology was primitive and India was struggling economically and we all know what happened later on who were in jail and who were not.
You can see how Deltin operates its casino, it ridiculous what loophole they are using. For readers, who are unaware, land-based gambling is unethical in India, so Deltin built its casino on a cruise ship and put in their middle of the water so that they can use the loophole and allows gambling. It a nice place to visit in Goa, I might when I get time.

Its similar here, they are businessmen and they are taking advantage of the situation. In other words, it is how they show a middle finger to the government's idiotic policies.

Quote
Already there are many issues that the crypto community is facing in India and the future option does not look so bright for the future.
I would not be pessimistic about it because as the superpowers continue to adopt crypto, India will be forced to do so too.
612  Economy / Trading Discussion / Re: What are the best indicators for following trend in cryptotrading? on: February 11, 2024, 09:54:22 AM
I'm developing my strategy for trend trading and I'm trying to figure out what are the best indicators to catch a trend. Currently now I'm using MFI, but I doubt that it is suitable for cryptocurrency trading, so i will appreciate it if you give me a hint. Thank you in advance!
I would not say that a single indicator is best to catch the trend, use RSI, MACD and the others too but dont depend on them too much, see the charts and how they have been performing over the days and use that to make the prediction. Remember that no indictor is 100% correct and each is applicable in a different context.

Every other day you might find a new thread in this section saying that they found this indictor as perfect or today they found this as perfect. It only shows that there is nothing called a perfect or best indicator. Roll Eyes

613  Economy / Gambling / Re: How Crypto casino market themselves? on: February 11, 2024, 09:43:56 AM
In here the most effective ways that casinos market themselves is via the signature campaign or ads that were available before the administrator put an end to it some time ago, and also at some point we have seen alot of other platforms that casino make their promotions and for that, we have not only one channel of promotion for casinos but whichever ways, just make sure you are gambling on a reputable casino regardless of how you learned about them or their methods of marketing.
More traffic comes in through banners ads on data aggregator websites like coinmarketcap, coingecko, gambling review websites which are paid to promote them. Then you have these MLM/HYIP sites which are also browsed by those seeking high risk investments as gambling can be seen as one too. Many are actually going through with the referrals because word of mouth is a good advertising too. Local communities are engaging in the site and more signups come in from these.

Signature campaigns are one part and indeed any of the users come to this forum too but the high rollers operate from the shadows, rarely come to forums and all.
614  Economy / Scam Accusations / Re: :o:o:o Terracasino.io scam or not :'(:'(:'( web3cryptocasino on: February 11, 2024, 09:36:47 AM
In the tg chat, the admin offers to log in to the wallet on a third-party resource, allegedly this is necessary to verify the crypto wallet. They ask you to enter a SEED phrase. I don't know what to do about it  Cry
You are most likely being scammed.

Seed phrase would mean the wallet's seed phrase, which is should NEVER share with anyone, because doing so gives that person access to your coins in that wallet and they can spend it at their own will.

I am not surprised this happened to you on telegram, scammers are often posing there in different names and personas to fool users and steal their money. Possibly they are not even part of the casino you are talking about.

Can you give us some details as to what happened step by step?

Also do not share any personal info with anybody or God forbid, your seed phrase.

EDIT: I read your edited OP again, it seems you are a victim of the old skool method of where you are shown big numbers on a site and when you ask for withdrawal you are asked to pay for that deposit. It is an entire scam because you actually have not won anything there and the numbers are fake. Whatever you pay them to allow your withdraw is going to their pockets, they will never let your withdraw anything.

Please move on to another legit casino.
615  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: February 11, 2024, 09:31:33 AM
The BTC price has looked so bullish in the last few days, and it seems that the $50k level can be easily broken soon. So I also think that the range of $50k to $55k, as well as the range of $55k to $60k, looks tempting to place a bet even though there is still quite a lot of time before the end of the month.
Hehe, I hope the sexy number of 69k USD get broken soon and we will be holding on a new record all time high then. However its a long path to that from 50k and 50k USD itself needs to be touched.

What I saw from the charts, 48k USD was a resistance point where immediate drop happened and hence there are selling order at that level and it will be difficult to cross that. Even if it does cross, which it seems have done this morning, 50k USD will undoubtedly have its own selling pressure and every 5-multiple after that.

Hence making a prediction of breaking 50k does bring in some turned eyebrows.
616  Economy / Gambling / Re: ✨ JacksClub.io ✨ Daily Contest with Amazing Prices | VIP Rewards | Free Faucet on: February 11, 2024, 09:24:44 AM
Round 8 of price prediction game was very close and was absolutely ridiculous to see the number of 43k USD predictions, I am hoping Round 9 sees more differences in predicted prices and thankfully I get to win again. Grin

The more we see the rise in price the more people will mistake in getting a close prediction in, fingers crosses as to what happens on this one.

Thanks to the owners for keeping this a regular event on this forum. However I would like to point out that a swarm of newbie members are coming in too, which may mean that the abuse is happening by some users. Recommend giving a "Member" rank minimum requisite on these contests.
617  Economy / Games and rounds / Re: 🃏JacksClub: ROUND 9 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀 on: February 10, 2024, 10:37:25 AM
JacksClub Username: TheUltraElite
Prediction: $43,241
618  Local / India / Re: CoinDCX CEO expects crypto tax to be reduced after 2024 election. on: February 10, 2024, 10:28:35 AM
We can only speculate here.

But putting in some logical facts together, since the government has blanket banned the crypto exchange URLs via the ISPs, a bigger ban is going to be official some time soon, my guess would be through the next budget.

Bad days come before good, we can just hold on through the storm.
619  Economy / Trading Discussion / Re: BTC or Love on Valentine's day. What's your pick? on: February 10, 2024, 10:25:52 AM
Its like one of those threads - celebrate Christmas or trade bitcoin. Roll Eyes

Spending time with friends and family is important for your own health and theirs too. Valentines does not mean it has to be your significant other if you dont have one, your family members are a good alternative too, it is the spirit that matters not the material.

In the meantime you could still balance out bitcoin trading - spot works fine if placing a trade in the morning and checking it back when the exchange notifies you - come on, you live in a smartphone world, not email.

The whole thing is about balance and giving time to everything.
620  Bitcoin / Bitcoin Discussion / Re: A Personal Computer Mined How Many Bitcoin Per Day In 2009? 100? 250? 1700? on: February 10, 2024, 10:18:18 AM
We just made sure we had a copy of our wallet.dat on a memory stick or external Hdd.
I have hundreds of them, all worthless now!
Have heard of these stories from newly joined accounts every few weeks on this forum. Someone looking for help to unlock their wallet.dat file while others scamming someone trying to "sell" their loaded wallet.dat file.

Since I started learning about bitcoin back in 2015-16 when the price was in three digits I never got to see any of that action. But reading the calculations posted on this thread, I now realize why some of the OG gamblers on Primedice and other old casinos have thousands of bitcoin gambled on their accounts and the owners made the best money out of them.
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