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6441  Alternate cryptocurrencies / Altcoin Discussion / Re: The main factors pushing the ICO market down on: June 16, 2019, 04:16:11 PM
1. Revaluation of the current project cost in the ICO phase
2. Inflationary factor, a large percentage of tokens not participating in the distribution
3. The project and the Team do not have significant incentives for development, money is received — you can relax.

People invest in ico because they think they will buy cheap coin and the ico team will work on the project team to make the coin valuable.
But when an ICO is made to only collect money from the people and forget about the project afterwards people will lose interest in the ico. Unfortunately this is being done by more than 90% of the ico and that's the biggest reason of ico market being down.
6442  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook’s Global Coin Is A Threat to Bitcoin Cash, BCH Down 3.7% on: June 16, 2019, 04:00:20 PM
  • BCH down 3.7 percent
  • Facebook’s Global coin will disrupt public chains like Bitcoin cash

Because of Facebook’s broad base and active users exceeding 2 billion, the Global coin is an existential threat to Bitcoin Cash. Currently, BCH is consolidating against the USD, down 3.7 percent.

Many many trader say Facebook's global coin is a threat for Bitcoin cash

What do you think?


I do not think that facebook coin will be a threat to any coin. Yes, there will be a big hype as facebook is a biggest social media but it will hard to know how will the facebook coin be of any use to the facebook users. I do not see any use case of facebook coin and therefore it may not be successful in the long term.
6443  Economy / Marketplace / Re: $1 Billion Dollar’s Worth of Cryptocurrency Stolen in 2018 on: June 16, 2019, 03:27:57 PM
I think cryptocurrency does not yet have specific legislation to protect assets of consumer . People mainly exchange through community trust and support. We should still be careful with our assets.

Since crypto currency is not legalized, there is no insurance of crypto assets. No one takes the responsibility of the crypto assets and any loss is the lose of the individual. If crypto is ever regularized , only then we may see that our loses may be covered. There will be lot less scams exits of exchanges because exchange will only operate if they will provide some sort of assurance that in case of any hack they will compensate their users.
6444  Economy / Speculation / Re: Bitcoin dashing towards $10k or more on: June 16, 2019, 12:13:12 PM
https://btcgrinders.com/blog/Bitcoin-Trading-Analysis

Our experts currently suggest going long on Bitcoin which currently sits at approximately $9200. A good price point to exit would be $10,000. If you want to get a bit adventurous, you may even set your exit point at $10,500 or $11,000......

Everyone knows that bitcoin will take a correction once it reach the 10,000$. This is best point where we can do short on bitcoin in case we are trading at bitmex. People will sell at/around 10K because they will take profit.
6445  Economy / Speculation / Re: June 2019 - Bitcoin hits 10K, where next on: June 16, 2019, 11:57:17 AM
As of today Bitcoin gained sharply in price reaching two years high crossing the barrier of $10 K. What price do you think Bitcoin would achieve in this bull run? Would it be over 20K or below?

Bitcoin did not touch 10K yet on any exchange. It might touch 10K in few days from now but i do not think it can sustain above 10K for long. Bitcoin has a strong resistance near 10K and it may be badly rejected as soon as we reach near 10K. But nothing is certain now. I will suggest to convert your bitcoins into usd near 9900$ and later buy back them cheap near 8800$.
6446  Economy / Gambling discussion / Re: HAVE YOU EVER MET ANY SUCCESSFUL GAMBLER on: June 16, 2019, 11:32:16 AM
I have never found a successful gambler so far, all I know is that being a gambler does not guarantee success and if you only get a little victory, it might happen but it won't make you successful.
most gamblers will eventually lose everything if they continue to play it and are only obsessed with the desire to be successful.
That is how the gambling designed as,if someone found doing gambling for long term the chances of having lot of saving in their account is less.

So what can be the success from gambling,money or fun?
Maybe main purpose of a lot of people is money. That is why success in gambling maybe people will said if that person be really rich because of gambling. But for others, make fun of gambling and play without pressure is something that they want to achieve too.

Yes, we still saw the people reason for playing gambling is because of money. They want to win the money from gambling by playing so many games, but some of them do not realize that winning the games in gambling is not easy and they need to spend much money, and they must have the luck to win.

Its hard to make money from gambling and therefore it is hard to find the successful gamblers. But if we try to find out the successful gambling casino they are plenty of them.
Its a bitter truth that most of the gamblers are at a loss and only a few have tasted the overall profit from their portfolio.
6447  Economy / Gambling discussion / Re: Looking for fair & trusted site? on: June 16, 2019, 06:33:17 AM
I'm suggesting some gambling sites which hopefully benefit everyone. Those who are looking for safer and trustworthy sites are hoping to benefit from this post. All these sites are popular and probably the Fair Sites. Hopefully, my recommended sites will be working for those who are looking for good and popular sites.

Bet365    :-  https://www.bet365.com/
Stake      :-  https://stake.com/
Betway    :-  https://betway.com/
Primedice :- https://primedice.com
Cloudbet  :- https://www.cloudbet.com/en/

Thank You
Hmmm it seems like what I've been seeing about sportsbet.io is true since you didn't mention them on your list. I have been seeing some people that complained that sportsbet.io never paid them their huge winnings, instead they will block (I only saw a few people that said this). But a lot of review sites I see when I research on Google always mention Sportsbet as one of the best betting sites. Most of them even put them as the number one, while CloudBet is then placed at number two position.

I would suggest you to stay away from sportsbet because they have some issues. Although they do pay you but they hold your amount in case of larger wins and this makes them a bit fishy. This has been told by few players who actually play at sportsbet.  You can use clouldbet or onehash for sports betting.
6448  Economy / Gambling discussion / Re: Dont be dumb gamblers on: June 16, 2019, 06:18:36 AM
This story from OP sounds stranges, he doesn't even know the name of the gambling site. I would like you always do some research on a site before I was sending them any money.
When some one want only money into his pocket, he was lazy to research first
~~
In gambling it can happen too if you go and play in the first casino you find online without doing research first or seeing reviews and feedbacks about the casino.

Thanks for your clarification, i think the first thing for any gambler to do before embarking on gambling should be do a research on the casino before gamble or in the same vain check their feedback for clarification either to gamble with them or not to. Haven't seen much greediness among gamblers except from the amateur ones which cannot be said that, gamblers are dumb.

I'm afraid to admit that most of the gamblers are really dumb. Having told them so many time of not to be greedy and never play with emotions and do not go all in, they never listen. They do all these mistakes and then when they make a big loss they start crying and say bad things about the gambling. They do not realize that most of the loses in gambling are due to our greediness and mistakes.
6449  Economy / Gambling discussion / Re: Want to quit? Here's how on: June 16, 2019, 05:52:23 AM
actually the hardest challenge when going to change a bad activity is to fight the ego and lust for yourself because of addiction or being a sign addict someone can not hold back his lust.
Yes this is not as easy as said. The conflict between what your mind thinks and what your heart wants to have is full of ambiguity and you are always the victim of uncertainties. In gambling, it is important to have certain boundaries and limits and only then there could be some way to get out of the game full of lust. One should think about trading rather than getting into gambling.
IMO, in trading you are not in total control of our money as trades are controlled by whales while in gambling, it is you that have the key but it is also very important though that you should put limit in everything that we do. Everything in excess i think is dangerous, applicable also to gambling so be discipline when you gamble.

How can you say that in trading everything is control of whales and not us ? Trading is far safer than gambling.
You invest in gambling and the very next second you can lose all of your money.  In trading even if you are at loss, holding the coins can make you recover the loss. Also if you are professional trader you will never be in a loss.
6450  Economy / Gambling discussion / Re: Did anyone try to beat the household? on: June 16, 2019, 05:39:04 AM
Household means?

I really do not understand the question of him. Is he saying that beating the hodl fund on investing towards gambling or something other than that. Could some one explain it what it is?

OP meant to ask is there is a way we can beat the house ?  Household is not any term and i think it is used in place of a houseedge. Smiley

Normally we see that gambling casino claims that they have only 1% house edge but that is enough for them to make the earning and make us loss.
The trick behind this is the logic. For example you play a game with 0.1 btc. In case of win you have get 2% ,5% , 10$% profit but in case of loss, you will lose the whole 0.1 btc. This is why we cannot win in gambling in the longer term.
6451  Economy / Gambling discussion / Re: Is blockchain gambling business beneficial? on: June 15, 2019, 06:28:07 AM
The benefit of blockchain is people don't have to use their money to play gambling, that is for sure. They can hide their identity while they are playing gambling, and they can feel safe to play gambling without anyone knows. I am sure that in the future, there will be many other platforms that will support the gambling games, and we will going to see the gambling business will grow fast in the future.
That's one of those thing that people wanted to support this industry using blockchain system to hide their identity while enjoying the gambling industry,in the near future more and more gamblers will see this advantage and begin also to support this types of system.

Yes, that is why I see many of my friends are like to gamble using the cryptocurrency because they can hide their identity from anyone. They only need to use the email address and the wallet to join, and they can start gamble with easy. I guess the gambling business will grow fast in the next years because the gamblers itself will have a new way to cover their identity.
  If you are speaking from an investor’s point of view, it is full of huge returns and you could have a great user base if you are the one to offer some great services and in other words, win the trust of the users like Binance did. If you are talking from gambling point of view, you could make money in this area by staying under the mask and enjoying from the comfort of your bed.

Blockchain technology can benefit every field of life including the gambling industry. Since the technology is relatively new, those who can start a real decentralized blockchain gambling platform, it will be a real success for them.
6452  Economy / Gambling discussion / Re: Is anonymous betting a desired feature? on: June 15, 2019, 06:18:29 AM
Onehash does have this kind of feature but it's just an option for the bettors. If you want to register, it's okay but if you don't want to, you have an option to deposit anonymously and you will be given a certain bitcoin address to receive your winning. And after that, the deposit address will be given to you so that's how you bet without any registration. You are not enforcing your gamblers to use it but you are making their lives easier by providing an option.



Even if you make an account on onehash, your identity will not be disclosed. Making as account is always better because in case of any issue/ dispute you have at least an account to take up the matter with support.
The only way the identity can be disclosed is by doing the KYC. Making account will never have any impact.
6453  Economy / Gambling discussion / Re: GAMBLING AND CHARITY on: June 14, 2019, 05:47:31 PM
As a gambler I do always lose money in betting but it does not regret me because I might be able to win sometimes and that enjoy me during my free time. I have already chosen a good platform that has suited my desire like having a greater chance on winning and does not have any problems when it comes to funds deposit and funds withdrawal.

Now, I have done something that I never did before and that is by donating money to charity. Whenever I win I am not going to give some percentage of money to the charity in the hopes that I can help those individuals who are in need. I have already seen the effect and that was very heart melting knowing that many are thanking for the donations.

So, I encourage everyone especially gamblers with huge profit to share or to donate those who are in need. Besides, I get the feeling that I am bless in betting if I will share profit.

What do you think guys? Do you think that the charity had made me fortunate to win in gambling?

Giving money in charity is always good. As you help the people, god is with you and he will help you. Also the feeling of charity cannot be expressed in words.
Still winning is gambling cannot be related to charity. You should do charity to help the mankind, irrespective of you wining or losing in gambling.
6454  Economy / Gambling discussion / Re: From Janitor to Millionaire on: June 14, 2019, 04:38:11 PM
He really did make a headline here in the Philippines, if you convert it to pesos that's over 350 million, he can now retire and enjoy his life since he is now on his 50, he can plan a better life for his children and grandchildren I think he is a good guy, he will definitely going to take care of that winnings.

But in the interview he said they will continue ro work this person is so humble and kind congrats for winning in lottery draw you made it now your daily life change. Always remember dont give up for every problem you will encounter just be a good person make a hardwork and God will suprise you one day.
How do we just conclude he is humble because he promised working as a janitor, I listened to the news and the first thing that crossed my mind was, there is every probability that the janitor has no plans for the money and rather than wasting it, he would prefer to save it somewhere for his kids then continue with his work.

I think this is one of the disadvantages of gambling. It does not give winners or gamblers the opportunity to plan because they always don’t expect to win, you can’t compare it to investment where we already know what to do with money even before it comes, because we are expecting it already.
Depends on the mindset of such earner either if he do gain those money from gambling or pure hardwork or investment.If they do have that kind of sensible mindset
then priorities would be the main thing in mind because you dont know the hopes or plans of certain bettor when hes betting on lottery.Either he do want to buy all of his wants or just for the sole purpose on giving his family a decent life.

If anyone is thinking about becoming a Millionaire from Janitor (by investing his life saving in gambling), then it is sure not possible in most cases. Gambling is a risk and i do not think everyone is in a position to take such a big risk. You can earn slow or earn hard in other fields but the fear of losing all is too much in gambling.
6455  Bitcoin / Bitcoin Discussion / Re: Bitcoin ,Gold and the global market collapse on: June 09, 2019, 04:35:18 PM
Gold is traditionally considered to be the safe haven by many investors and fund managers especially on times of trouble. When there is that pervading sense of gloom, they are looking for something stable, valuable and reliable thus gold easily comes into the picture. However, there is that digital mirror of gold and we call it bitcoin. Bitcoin is likewise valuable albeit it can be volatile but for someone looking for an opportunity for a greater returns this is the best choice. Thus, if things are turning out to be worse in the global economic scene as the result of the ongoing trade war between superpowers China and USA, many can hop into both the real gold and the digital gold.

Many people will invest in bitcoin instead of gold, in the upcoming global market collapse.
Bitcoin value may go beyond our expectations (exceed expectations) if this happens.
6456  Economy / Speculation / Re: bitcoin has reached 8000$, then what? on: June 09, 2019, 04:03:05 PM
I think for now we are waiting for the price of $ 8000, and when the price reaches that, it will be a good thing. after that, we need to support this price development so that it can be stable, or become higher. of course that would be good news to see prices like that again.

Bitcoin price was around 8000$ but now it is dropped a bit , maybe due to weekend. Bitcoin is mostly shaky on weekends. I am anticipating bitcoin to reach 9000$ by the end of June 2019.
6457  Economy / Trading Discussion / Re: My luck is very bad for crypto trading 😞 on: June 09, 2019, 03:47:54 PM
Profit is a profit. You can't magically sell your coin at the top of the market. Just receive your profit, and take a lesson on your trade. And I don't think that profit isn't good profit, maybe you just biased by how high the coin goes instead focusing on your trade gain.
I agree with your opinion. When we don't have trading experience, we can only accept profits or losses and learn about previous mistakes.
You should even think not to have any experience with the first mistakes because you have the experience of all the other traders who have slept many times in the crypto trade but learn how they stand up. Once you have learnt all the technicalities and strategies then you will have very good time here. Why good time is important because you are here for the purpose to make massive profit.

Trading is profitable if you have experience and knowledge. Luck does not play much part in trading. So if you are focusing on luck will give you profit in trading, then you are wrong. In order to come a successful trader you need to focus on learning and learn from your mistakes.
6458  Economy / Trading Discussion / Re: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month on: June 09, 2019, 02:30:46 PM
Hey. I'm Mark. Shortly about myself: quit my major job to earn my way by trading and it exceeded my expectations. What I got from it that everything is possible, guys.

Here will be the deals I make, some of the stuff to continue the learning curve and anything I found interesting to share with you.
Disclaimer: None of this is financial advice, do your own research, share and earn.

[ 12 years in trading, 4 years in crypto trading ]

Here's one of them:


Each deal is a piece of art


You must be one of those lucky guys who is happy on his decision of quitting the day job and enter in crypto currency completely. What i would like to know that how much did you invested which gave you 12 BTC in the last month ?
6459  Economy / Trading Discussion / Re: Very frustrating on: June 09, 2019, 02:13:52 PM
It is better to not frustrating after we read some news because the news is not always true and some people will use the news to take benefits and sometimes, they give the wrong statement. If we can get another news and compare with the news we got before, we might get new information that will help us to analyze if the news is true or not so we can make a decision related to the current situations. It's better to stay calm from anything that we see at the market or in many websites because that will be needed if we want to get the real situations.

As most of the traders know, "Buy the Rumor, sell the news" . It is the whales who manipulate the market with the news (Real or Fake both).  We can use the news in our favor by acting on it. If we can understand the whales mindset, we can also perform the same moves and earn good amount of money from trading.
6460  Economy / Trading Discussion / Re: Anticipating a spike on: June 09, 2019, 02:06:00 PM
Bitcoin is currently at about $8,500. I just placed sell orders at: $11,000, $13,000, and $16,000.

For some reason, I am waiting for a super-long upper shadow. Any thoughts? Any probability?

This is not how trading should be done. I think you are a new in trading.
Bitcoin has big resistances at 9000 and 10,000 and it will not be that it will cross all these resistances at once. A better approach is to use trailing stop loss so that you do not miss out on profits.
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