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961  Economy / Trading Discussion / Re: Trading assistant platforms like 3commas or cryptohopper ,... on: August 12, 2023, 08:52:39 PM
Hi everybody, hope you doing well. it's a while that i have known crypto trading assistant platforms like 3commas, cryptohopper,... please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks

Last year or 2021/2022 was full of drama and sad episode between exchanges and all this trading enhancers. There were leakage in the backend of Binance and 3commas that lead to many people to lose funds. Lots of people were complaining that their funds were missing which made Binance to stop offering API integration to this trading platforms. It was a like a partnership for Binance to drive more traders from other platforms to their trading exchanges but it doesn't worth it after that leakages. You can read about the API leak that happened last year that lead to loss of millions by 3commas...read more

I'm not trying to discourage you from using these platforms, I'm only preinforming you about the dangers of API while using other platforms because the result is not good anytime you leak your API to another platform. Instead of using this, I think Binance has improved on their trading chart view, make use of their exchange instead of another third party.
962  Economy / Trading Discussion / Re: Do you have any methods to do it? on: August 12, 2023, 08:31:54 PM
I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

Anyone who give you advice that day trading is an easy task, I kid you that they are making joke on you because they are leading you astray to a point of no return. This is very easy during the bull run, it's very easy to earn more than $50 to $100 depending on the size of your trades and the type of coin you are trading, bull market is the type of market you can pull anything and goes your way without much in technical analysis but in time like this of the bear market, you will have more to lose with this type of thinking, there is probability of losing everything with out making a dollar at the end of every 24 hours you have in the mind.

Here is what I will gift you for free, don't project the amount you will make in trades, the focus should be based on to only profit and try possible best to avoid loss, if you do this, you will make more than that amount with proper risk management and good coin, some days you will make a lot, some you may make little and sometimes, nothing at all and when you combine them on monthly and divide the profit by 30 days, you will make roughly that amount, provided that you are very good at trading.
963  Economy / Gambling discussion / Re: Peer pressure as a substantial gambling catalyst. on: August 11, 2023, 08:20:09 PM
I think this can be easily researched and proven through looking at male groups at high schools. For example my first sports betting experience was under 18 (probably 16?) when we were discussing football matches with friends. Couple of them said they will create new coupon to make money, I asked and went with them so - story starts. It was funny experience to hang out at betting spot with friends talking about matches and making bets. If I didn't have peer doing it I wouldn't go to that betting place.

I don't get initiative sense when people do things, not that I aren't smart or poor sense of belonging but I have this minding things and doing things at the right time especially when I see caution from the beginning. When I see 18+ on adverts, I make sure I  didn't do it until I reached that age and even when I reached there, despite seeing how guys open tabs on their chrome when I try to use their mobile phones, I don't ask them but with time, I tried the physical betting shop and that was how I began the betting journey, it was curiosity that led me to play and I think I lost but with time and luck, I made some money too but I think I'm at that level that I play confidently with reduced losses without any peer pressure.
964  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 11, 2023, 06:55:53 PM
It is very reasonable if Maguire is under tremendous pressure because he was bought at a very expensive price by Man United so the expectations are definitely high. He has passed 4 seasons but instead of making a meaningful contribution, he often made blunders that made Man United lose. If he chooses to stay at Man United, the pressure he will face will be even greater, therefore moving to West Ham is a good choice for his career.
It is clear that Manchester United's expectations are very large for Maguire, apart from being brought in at a high price, Manchester United has put their trust in him as team captain. Maguire was unable to repay the trust placed in him, he often made jokes in the Manchester United defense area when he was entrusted with playing. The pressure on Maguire was well worth the money Manchester United paid when it came to signing him, but he failed to make the cut despite being a big signing. He was one of Manchester United's failed purchases, selling him would be much better for him than continuing to survive under the management of Ten Hag who did not include his name in this season's plans.

At times like this, emotions are the least things we should shoulder. Maguire has been comical over the last two seasons, the more he represent Manchester United, the confused he becomes and been a captain, there is no way Erik will want to bench Maguire, it's doesn't make sense to bench a captain, they need him in every match and Erik Ten not removing the tag from him was the best thing because people will think he was judgemental because of Maguire performance, he let the season end and remove him which is very professional I my opinion, he has done waht any Manager would have done from beginning but he let it slide.

Maguire should brace up and accept the challenge of new chapter in West Ham, it was his undisputed performance that brought him Manchester United with good bid. If he do well in West Ham, more demands will follow suit wherever he is but if failed to redeem his performance in West Ham, he should go and rest or consider another profession.
965  Economy / Gambling discussion / Re: [ADVICE]Boy Wins $46k from Sports Bet but Can't Tell Strict Religious Parents... on: August 11, 2023, 03:09:54 PM
It is probably much better for him to say what he did and the result of it to his parents rather than running from it because sooner or later, they will know, and it will end the same where his parents will be very disappointed to him because they can't imagine that their boy will do something like that even if they already said numerous or maybe hundreds of times that gambling and other vices is prohibited, regardless of the religion, it's the parents choice because that is their right to keep their boy away from harm.

The situation is already there, there's no turning back from that because the boy already made a choice in the first place. Either way, his parents deserve to know.

They are even lucky to raise a good child that inform them of his source of income, if it had been a boy raise on the normal street, they will beg to see the child come home talk more discussing about his source of income, even when he had money at such a young age, he is ready to take the parent along. Typical child that is not love at home would probably be spending the money on brothel and going extravagant lifestyle and if it happens that there is a wrong adult among his life, then that's the beginning of wrong footsteps of adulting, the parent are very lucky to have a smart child.

As long as the boy is above 18, I believe he is at the age where he can make good decisions about life and nobody has the right to question his judgement but he his limited to advice, the money is legally spendable, he should reinvest the money and focus on his education, he will thank his stars for making it at early stage later in the future.
966  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 11, 2023, 01:44:13 PM
Bayern Munich has a top striker for next season's champions league and now they are a threat again for other teams after last season was not so convincing because there was no good finisher in front of the opponent's goal. Thomas Tuchel is very sure that the presence of Harry Kane will make Bayern Munich more mature and he can apply the strategy he wants. On the other hand, Harry Kane is certainly very happy because he can return to appear in Europe's highest competition and if he stays at Spurs he will lose his chance to play. Is it possible that Bayern Munich will surprise all the teams and advance to the Champions League final? we have to wait what happens next. Smiley

After all the speculations in this board, I think Harry Kane will have a rest with all the Real Madrid and Bayern Munich competition transfer, I knew it was the final call when Romano made announcement that the Medical are now book, there is no room for turning back, its a done deal and Bayern will have time to face the real challenge, I hope that Kane is going to be a blessing to them to win the Champions League but I bet they wouln't have it easily, Arsenal will be there to compete them, I wish Arsenal win though.

Tottenham has been a failure to many players, Kane has been in the club all his entire life, raise them to many group and finals but they always failed to bring something home, with all the experience he had in Premier League and the Champions League, no any that was lifted, zero effort and time wasted but atleast he has made name in the club, they will never forget him, it will take another great player to break what his has done for the club.
967  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 11, 2023, 01:28:57 PM
Liverpool has reach an agreement with Brighton to gets Moises Caicedo and they have to spend 110 millions to gets this player and previously Moises Caicedo often linked to Chelsea and even Moises Caicedo has personal agreement with them but apparently Liverpool were successfully to hijack him because Chelsea only dare to bid 100 millions and suddently Liverpool has came with 110 millions and this offers make Brighton agree to release him to Liverpool and this price currently broke the record as the most expensive midfielder in the Premier league after Enzo Fernandez and reported Caicedo will do medical check soon however i never thought this transfer will be happened because previously Liverpool were working on to Romeo Latvia transfer
it looks like Liverpool were in a hurry with the transfer this time the offer from Chelsea made Liverpool have to increase their offer because Brighton will only sell the club with the highest bid, and this is too high in my opinion, the most benefiting from this player transfer is Brighton and this club together with West Ham is a club that has made big profits in the transfer market this season, and for some reason, I think many players are overvalued so that it will put a lot of pressure on these players if they don't live up to expectations, And Caicedo will become the player with the most expensive transfer fee this season beating Gvardiol who went to Manchester City from Leipzig Bundesliga.
With Liverpool's focus on buying midfielders in the current transfer market, proving that they will indeed bring in 3 or even 4 midfielders because Klopp saw that it was their weakness last season that made Liverpool fail to be in the top four last season.

I feel stupid that Liverpool and Chelsea are fighting for a player that has a single goal in his last 37 appearance, lets have small shame except perhaps this transfer is now personal between Chelsea and Liverpool. Caicedo is a coward, he is just repeating back step of Mbape between PSG and Real Madrid, and there is nothing special about this guy, maybe not to everypne but I can proudly say for me, he does'nt derserve to be worth $120 million, it is going to be fun at the end of the season if Liverpool or Chelsea didn't win the Premier League.

How can Caicedo be worth more than Declan Rice? Think about it, there is something that s wrong with this transfer and perhaps a review is needed for accepting Liverpool terms and booking for medicals only to change mind that it he already had a personal terms with Chelsea since May, that's red flag and who knows if Brighton is the one pumping the ideas into his head to raise the bar so they can make money since they haven't won something tangible in century.
968  Economy / Gambling discussion / Re: The fight between Mark Zuckerberg and Elon Musk. Who you betting on? on: August 10, 2023, 09:54:28 PM
I still think this is not happening because of Dana's response. If he had been talking to both of these billionaires and still are unsure of the dates then its the billionaires is the one playing Dana.

Do we really want Mark Zuckerberg and Elon Musk to fight in a cage ? This type of fight does not suit them. They are not wrestlers or boxers.

However, both of them are giants when it comes to technology and we can see the war between them in terms of technology creation, adoption and innovation  Let them be fighters in the technology field and this may help not only them but helpful for the whole mankind. Smiley

I read somewhere that Elon want to air the fight in his X companies and any revenue generated from the fight will make sure it is distributed to the less privilege. Is this some kind of test Elon is trying to do or just another random tweets to go viral of his company. I feel like Elon is just putting a false narrative to gain attention and Mark is also doing the same by playing with the public emotions, they don't have any much in mind else by one the day for the fight would have been announced for the public and perhaps by now we will be talking about who will win round 1 and round 2.

Think about it, is it really lonely at the top that Mark Zuckerberg and Elon Musk are feeling, why not higher a fighter to represent them, that's the least a person under their profile will want to do and sit down and enjoy their fight. They could even make it an arrange fight in first and second round and I still believe they will have more audience and people will believe them more than putting their self in that position of fighting against each other.
969  Economy / Gambling discussion / Re: Have you ever felt remorse after gambling? on: August 10, 2023, 09:44:30 PM
Demo accounts are useful because they allow beginners to experiment without putting their own money at risk. You are right, though, that they do have some restrictions. Since there is no risk of losing money in a practice mode, you wont feel the same range of emotions that you would with a real money account.

However, just like in the real world, the information you glean from YouTube videos has its limits. You need to know yourself, how you deal with success and failure, and how you perform under pressure in order to succeed at trading and gambling.

Yes, blunders are inevitable; the important thing is to learn and improve from them. Instead of viewing them as obstacles to be avoided at all costs, we should view them as learning experiences. Keep playing, buddy, but always remember to control your betting.

Demo accounts was most important one in both in trading and in gambling.Demo account doesn't need any investing of money and help the people to learn more from it.The people with more knowledge will do use of the demo account,but the people with less knowledge will use the money without demo account.So the money they are almost risking at the initial stage.


Demo trading isn't just like Demo gambling, the trading companies do have places to offer demo for learning trading but gambling companies don't have time for such. If you want to learn gambling, they will make you gamble with real money rather than allowed to play a demo, they don't have for such kind of resources but you may have some kind of special offers but no demo gambling, I have not even heard of it before because .I.can't imagine how the gambling companies will lose if the allow such kind of options.

Last week, I mistakenly wager my total balance when I'm supposed to bet 1/4th of the balance, I had almost a heart attack when I found out because of that mistake and it cost me lot of sleep, didn't enjoyed the night because of using the total balance instead of tiny amount the balance. I lost everything because the game didn't  amen home, it was indeed a big lesson learned.
970  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 10, 2023, 08:19:46 PM
-snip-

They will have to defend the Premier League, the odds are in their favor.
He should start and find it difficult to score tommorow night because this is Burnley no matter how strong you are they always look very hard to break and score. During the days of Sean Dyche before he was sacked they are know for how stubborn and offensive tacklers they have. Erling Haaland might not sckre tomorrow night still.
Haaland is a striker who is difficult for defenders to stop, but it is not impossible to prevent him from scoring if the Burnley defenders are able to mark him closely. After all, Haaland also doesn't have to always score goals because Pep Guardiola can also make some mission adjustments for Haaland so that other players have good space to score goals. Manchester City is a team that is difficult to prevent from scoring because every player has the ability to score goals, so Burnley's players shouldn't all be focused around Haaland.

I don't think there's any point in stopping Haaland if Burnley can't control the movement of other Manchester City players. Manchester City are the favorites in that game so Burnley may come under some tough pressure from the start.

I never knew Haaland can't show effort when tackle by good defenders until the day they had their final match against Inter, Bastoni and Acerbi held him well and he wish those guys never start the match because he was frustrated. A similar type of defenders is what other clubs need to get rid of Haaland and they will be having on their palm without much effort regardless of that his tallness advantage.

There has been a shuffle of players in the Premier League, it is early to predict what the future hold for Haaland but all the same, we will experience some great records from new players who were just transfered to the English Premier League, Haaland may not have last season privilege again.
971  Other / Off-topic / Re: Keeping your gambling habit a secret. on: August 10, 2023, 08:06:52 PM
It's probably a similar situation to people who invest in cryptocurrencies. They don't want to talk about their involvement because it's a difficult topic that pushes you to take a stance and divides people into those who appreciate it and those who don't. I see a lot of similarities with this and gambling because if you tell a gambler that you're doing it, or someone who used to gamble a lot, they'll start talking with you about the things you played, where you did it and discussing all the details, but if you approach someone who thinks it's an addiction, or worse, a sin, you'll get into an argument with them.

Cryptocurrency investment is a lil different from gambling habit secret. Investors are very secretive not because they are keeping it secret but they are trying to respect their life and privacy. You can't invest thousands and millions of dollars into a business and make it publicly. All eyes will be on you especially if you are a minor or person without a security guard, you can get kidnap one day if you are from my place because there are people that will never keep things to them even if you tell them not share your info to the public, you can't trust people you know right.

People keep gambling secret because they want to keep profile on a low and also, they don't want to be identity as an irresponsible person. There are some places you go to, you can never let them know that you gamble, like in some churches in my country, if they find out that you gamble, the wouldn't take you serious again and may even be a public figure when they want to search for bad leaders. There are more reasons why anyone can hide gambling as a secret but privacy is one of the reasons gamblers keep it as secret.
972  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 10, 2023, 07:46:14 PM
The rumours were on for Kane to join Bayern Munich for 3 seasons and more. I think he wont be happy that he is leaving the club without a trophy but with Bayern Munich he will be able to win a title for sure. Bayern Munich with Kane completed the team,but Tottenham will be really weak.

At some stage he will retire or leave on a free contract and Spurs will get £0 for him. It might make sense for them to sell now and try to get 2 or 3 players who won’t be as good as him individually but as a collective could make the team better.

I think for Kane, he is too good to end his career without winning a trophy. Now is the time for him to move imo.
Seeing what Tottenham are doing by continuing to try to get a big deal actually for now it is more than enough and as you say with this condition then obviously they benefit because the sale of Kane can be a good capital to bring some players as a coating.
Even if losing Kane will also provide a gap especially for the attack which may have problems but of course regeneration is important and they already know this consequence.
Currently, Gift Orban's name is predicted to be the ideal replacement for Kane and it is possible that with 30 million Gift Orban can be brought from Gent.

Saying Tottenham want to sell Kane because they fear he will retire and the club wouldn't make anything is funny and not making any sense. He is just 30 and Ronaldo that is 38 is there in Saudi Arabia kicking some assess and has qualified his team to teh Arab finals, Kane is only unfortunate to be at the wrong club as he had take them on his shoulder all the time and no trophy to show for his efforts, nothing special about been in Tottenham and going to a better club is the best thing.

Tottenham on the other hand see that he has broken of the highest goal scorer of the club record already, almost wanted to win the Golden Booth for last Premier League season but Haaland passed him by few goal difference, Tottenham is trying to feast on that by selling him to any potential buyers but it's left for Kane if he is interested in those clubs that want to buy him.
973  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 09, 2023, 11:14:18 PM
Bad start to the season even though Nkunku is one of talented player who can be relied upon at Chelsea but unfortunately he has to rest until appointed time.
Although some people say this will not be a big problem for Chelsea and they still have reserve player, but performance is not as good as Nkunku, but what if this has happened, Mauricio Pochettino must work hard to find ways to improve this situation.[/left]

Worry not, a single player absence cannot do all the damage to the club, I'm not satisfied with the early injuries though. The main show is yet to begin but see all the lackluster performance they are having in pre matches that are worth nothing, it is early for Nkuku that is expected to start the season to go into injury but if it wouldn't be a long vacation of injury, they can rely on Mudryk pending when he comes back. Pochettino cannot afford to waste another money on players when they already brought Nkuku to Chelsea to have a good season for the club. I sometimes feel bad for this guys but they don't feel the same for the owner. Undecided

In 3 days time, Chelsea and Liverpool will be having their first EPL match, Liverpool has improved a lot in the pre-season matches they play and likewise Chelsea also but their last two matches in the first and second leg were draw, will that happen this time again? All fingers cross this time as they first have their match in Stanford bridge.
974  Economy / Gambling discussion / Re: Importance of Gambling to the society on: August 09, 2023, 10:54:58 PM
This board has a lot of topic that comprises with the negativity about gambling addiction. Let’s change it for now to support the casino we are promoting here.

Gambling is important to the society because it provides huge taxes that government use on hospitals, infrastructure and other projects to help its citizens. Monacco country is popular with their casino but they don't allow its citizen to play. This shows how important gambling in their country because they still allowed to operate it even though they don't want citizens to be involved.

In our country, Our lottery use the proceeds to donate on the health center that provides free health service to our citizens.

Even if gambling commonly view as negative by commoner. Many didn't notice how big is the contribution of gambling to the society.


Reference for this topic: https://harbert.auburn.edu/binaries/documents/center-for-ethical-organizational-cultures/debate_issues/gambling.pdf


What is the benefits of gambling to your society?

Gambling impact the society in different ways, the good side I have seen apart from the taxes government get to improve their IGR, they help the society to battle special needs. For example, I have seen and not just told that some gambling companies go to foster care to support them witn food supplies and funds to help those children in need, they also support people who are HIV positive and also provide special care for cancer patients, they do all this without any support from the government, and sometimes also collaborate with government to improve waste management in the cities.

I don't have the statistics of the money these gambling companies make in my country but from what I read somewhere back, they make money than the money they loss to players, the government knows that the people lose to them and that's why they make this inclusion of it to the companies deals. I have seen them give flask with the company logo and name on it distributed to the public, they maybe doing people favour but are also doing indirect marketing, they also distribute items during special Muslim Ramadan Kareem period with foods stuffs and beverages but all depends on the company, there are some that don't give a damn about giving back to the society.
975  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 09, 2023, 10:38:10 PM
Kepa is a good shot stopper especially when it's a closed range shot but he's not good at stopping shots from outside the penalty box which is one of his big problem and I don't think he can work on that since he doesn't have the height to stop balls placed at the corners of the goalpost. He is a good keeper and does have his moment and i believe that's why Thomas tuchel wants him. He's also a good penalty goal keeper as he saves penalty regularly. He might suit the Bayern Munich team more than he suits Chelsea so we can never know unless he plays for them. I think he should move over there because at the premier league, his flaws are already known and players can always used that against him to score.


The problem in analyzing Chelsea players is that it's even difficult because Graham Potter destroy everything, the players didn't have a wonderful moment. They conceded goals that it became a norm that one can't even predict what these guys were capable of doing. Kepa has a lot of potential been a young player that have devoted his career to Chelsea, it was the same goal keeper Tuchel used to make the Champions League winners for Chelsea and all of sudden everything start to failed for Chelsea when they changed the managers. I think the defenders weren't doing their job perfectly then but if they will be making more money from him than letting the contract expired, if it will give Pochettino good sales to Bayern, it's up to them, he has done his time perfectly for Chelsea.


Quote
Todd Boehly is in loved with signing youngster as he is more invested in building for the future so if this is another youngster on the radar of Pochettino, he's as good as been called a Chelsea player because Todd Boehly won't hesitate to sign him. Todd has trusted the decision of the scouting players to Pochettino and signing them because in the past it would had been Todd Boehly pushing for signing of players and not the coach but things are different now which means Todd Boehly learnt from the diaster he did the last time he took charge of the transfer window.

We all see what happens to the players they brought to Chelsea after the World Cup, the PR was great thinking that Chelsea would perfect their game and come back to form but all turned out to waste of investment that weren't put to good use, Enzo Fernandez, Joao Felix, Mudryk and others, about $400m were wasted in vain without showing anything for the club. I hope this time they turn this around before at the very end of the season else Todd Boehly will have no choice than to auction this blue club.
976  Economy / Trading Discussion / Re: Which Crypto exchange is the best for intermediaries Traders and Invesotors. on: August 06, 2023, 04:47:12 PM
When it comes to crypto exchanges, finding the best fit for intermediaries like us is crucial.  Does anyone have any go-to exchanges that have served you well? I've heard some chatter about a few options, but personal experiences and insights are gold.

Would love to hear your thoughts!

I will be honest with you on this one, Binance offers one of the best services for newbie person, intermediaries and professionals but there is a comma to this, Binance have good features and are very update with new features but when something is too good to be true, there is always open back door which can cause a catastropic damage to you later or even earlier than you may expect. Binance exchange is a centralized exchange, using it means you have submit your privacy to them because you will have to be verify before you can even be allow to make a deposit, and in addition, you don't own the keys to your funds.

If you are looking for alternatives to avoid the above problems, try a P2P exchanges but they are not designed like Binance and the rest, they don't request for KYC, you can trade on the exchange without revealing your identity or even hide your IP adress from such exchanges and nobody will question you for that but Binance and the rest may even lock your account for changing an address or even the device you use to access their exchange.
977  Economy / Economics / Re: Helpful mineral resources on: August 06, 2023, 04:29:04 PM
I couldn't agree more. Same goes for my country. Despite being rich of these resources we often export them to be used by other countries for their product and then will be imported back here and be sold with a high rate. Once you asked why it is expensive they will tell you that it is because of the rare products used to make it, then you'll realized the said products is locally found and there are a lot of them. Typical import and export system.

Having a mineral resources doesn't guarantee that you will have the capacity to refined them to the finish products but a country who has smart politicians will not depends on exportation forever, they are supposed to sell for a particular time, generate the revenue and to improve the country and increase their target reserves so that with time, they will build one of the company to refine the natural resources for exportation and make the same money they are giving out to import this products. However, when corruption becomes the first thing politicians value the most, the country continue to borrow even with the available natural resources they have in aboundant, it crazy and pitiful to see a country suffer high rate of poverty even when they are swimming inside wealth of God gifts.
978  Economy / Exchanges / Re: Huobi - the new trouble spot of the crypto world ? on: August 06, 2023, 04:13:19 PM
The waves of problems on Binance have not subsided, as it started with Huobi ...

Unexpected news:
-Huobi top executives and TRON developers arrested in China.
-Binance has started a massive sell-off of USDT.
-USDT has been in a mild deprivation for a week now.
-Huobi's balance dropped from $700 to $90 million in a month. -The Merkle Huobi tree (a balance sheet publication introduced after the FTX crash) hasn't been updated in a month.
Steaking USDT with a 4.29% yield is the main source of the problem.

What is the essence of steaking

You buy stUSDT notes with your USDT. Justin Sun is supposed to buy US bonds with them, but as analyst Adam Cochran writes, he doesn't. Instead, investors' USDTs are deposited in the addresses of the exchange and Justin Sun's personal wallets.

He spends them to support his other projects. And in a moment, if everyone wants to withdraw their USDT, Huobi simply won't have the money to process the withdrawal.

This is also the case with ETH. Sun has turned them into stETH. Users think there are 141,000 ETH on the balance in Huobi, but no.

New cryptocrisis or just 1 less exchange on the market ?

Its becoming scarier even more with the way things are turning out on USDT and I don't know why USDT decided to give one man monopoly to play with a stable coin that is having lots of critism. At times, I get scared of how Justin Sun deposits into Binance make the news all the time, there are lot of many other institutions that makes big deposit to Binance without making a single news but Sun is always ahead and that is even bad of crypto, one man cannot control those millions, maybe its high time we take precaution with stable coins, another Do kwon might be on the pipeline.

Crytpo has been between few people and I don't find it interesting because if you remove Binance, Kraken, Coinbase, Okex from cryptocurrency, only few will be left and by this, money is only ciirculating between this circus people, but when losses happen, it affect everyone because they don't have their coins under their study, it is the exchanges that control half of the money we have in crypto, we need to cut this tie.
979  Economy / Economics / Re: Im owner of wealth club and here is my forecast about global economy on: August 06, 2023, 03:14:01 PM
Im Wealth Club 777 owner and here is forecast for econoy
The many years back UK banks LIBOR scandal and SWAP deals to Europe Banks and many other indicators can tell us only one thing that euro is about decouple from much more from other Western world fiat currencies.

Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.

Thanks and enjoy the Reading Smiley


Where is your indicators, can we see the pictorial view or how it work with this your confidence because written a 5 piece of line to say that something will happen in meaningless, anyone can open account that and created a thread that Trump will rule America next election or say the US dollar will be strong against Euro and other currency of the world. In case you are right about your forecast, if Euro get weak, it wouldn't only affect the currency alone, it will affect every other currency inclusive of dollar. The last time Euro weaken, so many things were drastically affected as well during Covid-19 time.

Euro is one of the strongest currencies in the world and even if it falls a little bit, I don't think it will become that cheap compared to most currencies in the world. Maybe it can be a great deal for americans and british people with their dollars and pound sterlings, but for the rest of the world it won't make difference anyway, as Euro will still be stronger than their local currencies. I believe the worst western european economy is, it never compares to how bad the situation is at Latin American, Africa, Eastern Europe and Asia.

Reason why Euro is not affected the way in which Dollar is because Euro is not controll by the decisions of the government, it is govern by the policy of European banks with free floating policy and that is why government fiscal and monetary policy don't affect it, unlike the US dollars that is fully supervised by the decision of FED and are puppets to the united state politicians. In addition, can we deal with the main topic without dragging other continents, they have there problem they are dealing with I believe, its the Europeans we are talking about.
980  Alternate cryptocurrencies / Altcoin Discussion / Re: Discussion about ETH on: August 06, 2023, 01:49:28 PM
Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss

ETherereum community will continue to hide under the radar of gas fees, they have dodge that question multiple times because of it sensitivity because they know that Ethereum chain can't scale without rewritting the code from beginning and doing that is just like abandoning the chain and starting a new one entirely, we have seen countless hardfork of in the past and there is no improvement and that makes me think that Ethereum cannot be scale without the interaction of sidechains as the layer 2 and this is why Ethereum has remain the same in development except for DEFI but seems to be more interesting on other chains.

Many people will claim that Ethereum chain is more secure but I think that was when it was still in proof of work, you can't tell me that Ethereum is secure when it is now centrealized more than ever, if one of the biggest validator should exit and commmit fraud, it will affect Ethereum price by 50% but they are all blind with the believe of commitment of previous people who held into proof of work. Because a dog is mad and silent doesn't mean it cannot bite the owner one day.

Lastly, asking for suggestion of alternative coins to ETH is like asking for a financial advice, that will lead you astray and the chance of making something great from there will be difficult. I will advice you do your own research like the way you mount up good effort in finding Ethereum chain, you will do well in other layers that are undervalue in the market, you can get a coingecko app on your own phone and see for the list of coins in the market.
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