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6301  Bitcoin / Bitcoin Discussion / Re: the power of HOLD and believe on: December 29, 2020, 03:47:29 AM
as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.

I don't know if someone really holds their BTC from that year because the vies in the market that year is not so pleasing to look at. Most of the holders are from the 2019 when the price was lost and after that, they continue to grow until today. Most likely the price will continue to rise until next year because most of the issue of bitcoin has been cleared already and right now, in my opinion, no issues can stop it to surge its price even more than $25,000.

Some of them are from 2017-2018 when the bitcoin price starts to rise. They attract to bitcoin and invest their money because in that year, many news telling people to invest in bitcoin before explodes. Besides that, the ICO and IEO were booming at that year, so that can attract more people to come and invest in crypto. Perhaps, some people still hold their bitcoin which they bought that year, and they already sold it this year. Yes, they are making a lot of money by selling their bitcoin now, but some people still hold their bitcoin because they want to make a bigger profit later.
6302  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: December 29, 2020, 02:40:02 AM
Australia's population is very limited compared to US and their per capita income is much better than any country in this world, so gambling those huge amounts in USD is not a big deal for Australians as they spend money so wisely, their wins pay off too.
I really don't think it is a wise idea to gamble but I can say to this is that these people can really afford to lose their money. They use this to please their life without minding it if they lose or win, they got already what they wanted and that to make themselves enjoyed what they do. I think that was more important than being crazy chasing our losses to get back but in the end, we are making more losses to come than winning more.

But still, that is not recommended to losing money without thinking how much money we will lose, even if they have a big amount of income, it still has a chance to make them addicted to gambling. If they can get what they want on gambling, it is better to stop and not continue playing gambling using more money because that can make them desperate when they still lose the money. Chasing our losses will not be recommended too because that will be difficult to do, and the chance to lose more money will wide open.
6303  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: December 29, 2020, 12:37:29 AM
Haven't meet one, but i have lot of friends who loves to gamble but turned out to have a miserable life in the end. What my perspective if you're living through gambling, i think everyday is living at the edge for you. That path maybe full of hardships and loss, i can't imagine how one can feed their family through that lifestyle.
I'm of the same mind as you. As long as it's gambling as a hobby, fine. If you can give yourself a cap to gamble, but in the meantime you've already stabilized your life through another business, then it's more than doable. But if it's just supporting yourself on that alone, like you said, I have a hard time seeing a family there.


If you treat gambling as a hobby, sooner or later, you can become addicted to gambling because we know if someone has a hobby, he will prioritize his hobby as the primary thing. He will not think about the other thing. But if you can use gambling as something to enjoy your free time, and you always control yourself, you don't have to worry become addicted to gambling. It is better to use another business to make money, especially if the money is for your family. But the best thing is you need to stay away from gambling for a while.
6304  Economy / Speculation / Re: Can you really 'Sell High and Buy Low' in this 2020 BITCOIN Bull Run? on: December 28, 2020, 07:33:46 AM
I am not really can buy low and sell high in this bull run. But I am trying to buy bitcoin when the price is down, so I divide my order buy into some parts and place it on the market. If the price moves down quickly, I will cancel the order buy and wait for a while, although my first order buy is filled, I still have some money to be placed on the next lower price. By using that, I think I can buy bitcoin in many ranges of price, and some of them will be at a lower price, and after that, I only need to wait for the price to pull back to the high price. But that strategy will not always work because the price can rise back after it is down, so watching the market when the price moves will be better.
6305  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are the predictions for Altecoin? on: December 28, 2020, 06:29:03 AM
Let say the bitcoin price can hit $35k-$40k, then the altcoin can increase double or triple in the next altcoin season. Ethereum can be $2k or more, Litecoin can be $1k or more, BCH can be $1k, ADA can be $10-$50, XMR can be $500-$1k, TRX can be $5-$10. But that is only a prediction which I don't know if that will happens or it will needs longer to happens. As long as the altcoin price lists you mention can increase more than the last high price in the previous altcoin season, I will be glad to sell my altcoin at that price.

Perhaps, the altcoin section will give surprise us as we have already seen what happens to bitcoin so far. So what we need to do is just prepare for that moment by having many altcoins which we think could be the potential to increase later.
6306  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think that planned pump and dump is ethically acceptable? on: December 28, 2020, 05:31:15 AM
We can say it is unethical for the pump and dump. But when you see the price jump high, I guess many people will try to join at that moment and sell their coins because they want to make a big profit. I feel comfortable with anything to happen to the market, whether there are a pump and dump happens because I realize that pump and dump will always happen in the market. If the pump and dump are not happening to the market, we will not see growth in the crypto market, and probably, the situation will be stagnant for a long time. People who can use the pump and dump moment will try to use that moment for their own benefit.
6307  Economy / Gambling discussion / Re: Lost in USD value on: December 28, 2020, 04:37:21 AM
We should accept that such situations make our altcoin dropped, and we can't do anything to anticipate because that will be related to the current crypto market situations. Perhaps, we can hold that altcoin until the price can back increase, but we don't know when it will rise again. That happened to many altcoins, and not just for XRP because the market will always move whenever bitcoin moves. The price of the altcoin will be back to the high price, and you should not worry about that. And holding will be the best thing that you can do instead to convert it into bitcoin or another altcoin.
6308  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: December 28, 2020, 03:44:10 AM
I'm sure there are professional gamblers out there and I'm also sure, with the big wins that sometimes get it will be enough for him to pay for his daily living needs or maybe for the next few months, at the same time will be used again for betting. So, I feel that pro gamblers are gamblers who have big bankrolls so they don't worry too much about losing, because in the end they will definitely be able to handle it with their experience and strategy.

maybe there are such gamblers but very few and casinos/bookmakers are trying to get rid of them - they don't want to have losses and prefer gamblers who lose money (and most people eventually lose their money).

The casino can get rid of them, and even if they can't do that, the casino can get another money from the other gamblers because those gamblers will spend so much money in the casino. It is a small chance for the casino to lose the money, and when they lose that money, they will get it back from the other gamblers. But I believe that there are professional gamblers who can make money from the casino for their living. Those gamblers have experience and skills to manage their money and for their living.
6309  Economy / Gambling discussion / Re: Do you rely on the odds when placing bets? on: December 28, 2020, 02:51:44 AM
~snip~

No problem! I understand your point in this case, and many players act this way - they have favorite teams and they follow them. Even taking into account the fact that at a distance they still lose to bookmakers, they get a lot of positive emotions in return, and this game is worth the effort and money.

They think that if they lose, they are not alone because many others will also get the same experience. That is positive emotion for me, and I don't regret if I lose, as long as the losing money will not too big. It is difficult to against the bookmakers, and I realize that, and I don't try too hard to win, just like a water flow.

While that is true at the same time it is not as if they are infallible, one of the things that will never chance and that allow good sport bettors to have an edge is the fact that casinos have to adjust their books in their attempts to try to earn the same amount of money from both sides of the bets, this means that a match that could otherwise be perfectly matched in terms of odds needs to be changed and that is when a smart gambler can take full advantage of the odds.

But the bookmakers have a better position than us, so that can make them have a big chance to win. If the bookmakers lose in one game, they will get another winning on the other game, and that happens many times. In the end, if the gamblers don't know how to manage their money, he will only lose it to the bookmakers and the bookmakers will take all of the gambler's money.
6310  Economy / Speculation / Re: I doubt Bitcoin will dip below 20k again on: December 27, 2020, 05:45:37 AM
Everything can happen to bitcoin price. Perhaps, after it reached the highest price temporarily, the price will adjust to the lower price, and we might see the price will get a flash dump to happen in the market. But perhaps, the flash dump will not happen too often and too long because the price will be back to the last current price. If you see the bitcoin price get drop too deep, you can buy more bitcoin if you want as you will not see that thing happens too often in the future. But right now, we can see more opportunity for bitcoin price to break $27k-$30k soon.
6311  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it the same? on: December 27, 2020, 04:46:35 AM
Another thing is how can you tell if it has a potential  or doesn't  have any?
actually it's simple, legit projects always have active developers and also have developments every month, not only that the team also communicates with the community.
Every day or every week as an investor you must monitor every progress, this is very important, so that when the project becomes suspicious you can take steps to anticipate and get out of the project and look for other better projects.

In the beginning, the developers and the team can be very active to communicate with all people in the community, and they still give progress on their project. But in the next few months, one by one of the team and even the developer disappears, and people losing contact with them. The bounty manager will be busy handling and convince the participants and the investors that the project still running. We can see that sooner or later, all of them leave the project without saying anything to people, and they run away with the investor's money. The bounty manager can't do anything because that is not in his control.
6312  Economy / Speculation / Re: How is bitcoin worth buying now at these prices? on: December 27, 2020, 03:47:28 AM
That is what you need if you want to double your money. But for people who don't chase that big profit, they will prefer to take any profit as they can, and they will do it over and over again. It needs too long to wait until you see the price can double the price you bought, so only some people will wait for a while and not doing anything.

If the bitcoin price is $100k, that will be a big profit for us, especially if we bought bitcoin at $20k. But I prefer to buy bitcoin than stock because the stock will need more time to analyze, although bitcoin needs to analyze too.
6313  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: LONG COIN based on blockchain honest LOTTERY on: December 27, 2020, 02:53:47 AM
There are no representatives in LONG! You can become representatives yourself! LONG like Bitcoin! The smartest have already got into the car. there is still room. Do your business on LONG what you want. This is a free project. Now the adventurous people have more coins than the developers of the coin ..... The window of opportunities in the coin is open to everyone ... No one owes anything to anyone - everyone decides whether he needs this project or not .. and what to do in this project

Yes, people will decide to participate in the games or they will visit the website only. If there is a promotion on the games, and people can find something unique from the game, perhaps, people will curious and will spend their time to find out by visiting and read the info from the website.

I suppose it's much better if you can participate without the need of depositing funds first. Casinos also have some lotteries so lotteries have a hard time to survive in the long run since there are other trends that a person enjoy gambling any time they want anywhere they want as long as it is mobile friendly.

People who like lotteries will search for other places or websites. Usually, the ticket will not too expensive to buy, so that can attract people to buy a lot of amount of tickets because I see the reward is big, and that can tempt people to buy with some amount of money.

Perhaps, it is just the beginning of the project, and there is a lot of things that must be done, especially if the developer wants to grow the project. So good luck with the OP promoting the project,
6314  Economy / Gambling discussion / Re: Do you rely on the odds when placing bets? on: December 27, 2020, 01:39:14 AM
~snip~

I do not understand how you reason. You do analysis, do research, etc. The same is done by a professional team with immeasurably large resources - it is obvious that you cannot compete with them and their results will be better. It's unavoidable. In addition, bookmakers have insides that simple betters certainly do not have.

I am sorry if you don't understand it. I collect the data, choose the team or person, and place the bet. But I admitted that the professional team or gambler will have large resources, so they can have more valid info than what I can get. Yes, I know that I can't compete with them because my sources are limit to them, but at least, I can gamble for what I want while I enjoy the game that I can watch on tv or from the internet. The important thing is we can enjoy betting on the team that we want with different methods for analysis.
6315  Bitcoin / Bitcoin Discussion / Re: Bitcoin Massadoption - Is it ready? on: December 26, 2020, 06:44:37 AM
Bitcoin is ready for mass adoption and becomes mainstream, but it will not happen fast because people still need to convince themselves about the benefits of bitcoin to them. Perhaps, if they can learn more details about how to use bitcoin, and how they can take the chance to make money, they will start the race of buying more bitcoin before the price increase. But many of them are not yet open their mind to accept bitcoin's existence, and they still think much if it is better to use bitcoin or need more time to consider. But who knows, when the bitcoin price jump high more than $50k, people will see how they can profit from bitcoin.
6316  Economy / Trading Discussion / Re: Btc and alts on: December 26, 2020, 05:47:06 AM
I am confused among these, cauze people says
 
1. Btc pump then alts dump
2. Alts pump then btc dump
3. Both btc and alts follow each other 

But we can see that only the 3rd scenario is happening right now i.e alts are following btc.
What's about the 1st and 2nd.
(Actually I am a newbie in trading)
I think it is time we support bitcoin fully and let it go completely parabolic because it will eventually help all the market in com8ng months as all the alts especially the established ones will follow btc that will cause intense pumps in their prices as well.
This time, bitcoin keeps on surging seeing the market very bullish and if this will continue, we can see potential altcoins increasing their prices too due to the bullish impact from bitcoin. Especially uf bitcoin will be totally mainstream, we can expect more altcoins to surge their prices in the market.
 

It needs time to see bitcoin become mainstream, but bitcoin is on the way to reach more people out there, especially the institution that introduces bitcoin in many ways. The altcoin still waiting for bitcoin movements, and if bitcoin price can moves to the high price more than $30k, that will be the sign for the altcoins to start the rally, and in that time, the altcoin season will come. But before that can happen, we can enjoy this moment by buying and sell bitcoin and altcoin, and we should try to make a profit to increase our bitcoin amount.
6317  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Year 2021 XRP Price 1 Dollar on: December 26, 2020, 04:55:46 AM
I saw that the price of XRP has increased so much. Can XRP be 1 Dollar in 2021?  Huh

With the drops of XRP yesterday, it needs more supports from many people and institutions to help XRP prices to increase. But it could happen in the next year as we don't know what will happens in the future. XRP price now is at $0.3, and it needs more time to increase to $0.5. We could only wait for XRP to rise again, and if that happens, perhaps, the price can break by $1 in the next year. The crypto market now become more unpredictable, and it seems, it is not easy to analyze the coins, not just for XRP.
6318  Economy / Speculation / Re: BTC $24k another new all time high on: December 26, 2020, 04:06:29 AM
I wrote this post yesterday itself and today I was suprised to see Bitcoin breaking 24k and galloping fast towards 25k. I now think that before this year ends Bitcoin might go beyond 25k. This is why no one knows what next will happend to Bitcoin it is completely unpredictable.

It already breaks $25k, and it still trying to increase that price again. Perhaps, at the end of this year, war psychology happens to the market, which can lead many traders to panic with the up and down of the price. If you can use the moment to buy and sell bitcoin, I am sure you will have a chance to profit. Perhaps, you can try to make a scalping trade now because the price is moving good in the market, so you will have a chance to profit. But don't be greedy to chase bigger profit if the situations are not supported because that can make you miss the chance to sell bitcoin.
6319  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: December 26, 2020, 03:00:46 AM
Would also be interesting to know the top 10 countries where people would gamble with bitcoins. only quite difficult to figure out. if gambling were regulated in america, you would see much larger numbers there.

I am not sure if we can get valid data about the biggest 10 countries that gamble the most, especially in this pandemic, because people need to think about their lives first before they can use their money to gamble. The data will always change from time to time, and even if there is a poll or questionnaire about people who gamble in one country, that can't be the sign to have valid data. With online gambling become popular in many countries, it attracts people to use crypto to gamble. Perhaps, that makes them feel better to bet without telling their identity to the site.
6320  Economy / Gambling discussion / Re: Do you rely on the odds when placing bets? on: December 26, 2020, 02:23:32 AM
~snip~

I totally agree with you, that collect valid data about the match plays an important role in deciding which team we will choose for placing bets.
But most gamblers are lazy to do this and prefer choose their favorite team to place bets or rely on the odds. This is known by bookmarkers,
therefore many bookmarkers have finally managed to get money from gamblers.

They do that to support their favorite team, and perhaps, they will not choose the other team, even if their favorite team is not too strong than the opponent team. Perhaps, they don't have much time to search for the other teams or select their favorite teams because they still believe and confident that their favorite team can win. But if they can collect valid data, that can be their consideration to choose the strong team to place a bet. But that will be up to them to search the other team or use their favorite team to bet.
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