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3481  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: September 19, 2019, 03:58:55 PM
I remember getting burnt badly a few years back on Primedice when I would take very high odds of winning bets just to get a higher wagered BTC so I could up my rank. I would do something such as 98% or so and I would bet like 1 BTC for the first 10 rolls or so and wait for a loss. And when I got a loss then I was safe for the next 98 rolls, or so I thought.

Basically it was going well and my rank was going up and what happened was that on 98%, I think I had 2 losses within 10 rolls of each other and it was an bad loss. Even with the wins, I was still down maybe 0.65 BTC or so. But at least I got my higher rank. Keep in mind this was when BTC was like $200 a coin. Now I would never risk that much.

So it seems very easy with these wagering contests because you think you can easily just make bets with low risk however eventually there will be that one roll which will be a loss. Similiar to martingaling.
I did the same thing with primedice as well, I literally spent about 2.2 bitcoins just to increase my status (back then you had levels and not VIP status, you could literally get 10k satoshi faucets if you were high level). After the last loss that I had I realized it doesn't worth it and that 10k was not something they just give to me so that I can spend, I had to win more of that to withdraw as well so spending 2+ bitcoin on that chance didn't really worth it. There was a lot of crying involved but I came out of it as a better person.

Now, I only gamble with amount I can lose, consider it like gaming or entertainment whatever cost and just carry on my day like that wasn't a loss but a money well spent for enjoyment. I sometimes give myself breaks as well so I don't get too addicted and see if I can go like a month without gambling.
3482  Economy / Gambling discussion / Re: How many gambling sites are you playing and do you use the same strategy on: September 19, 2019, 02:32:18 PM
How many gambling sites are you playing and do you use the same strategy? I'm playing on at least 4 sites now and uses a different variation on the martingale and some guessing method and I found out that I have good success implementing a method on one gambling site that is not effective on other gambling sites, how about you?
I rotate constantly. I mean I never play in the same place for longer than a month most of the time, I just have the same sportsbook that I have been gambling for a long time and even that has been seeing some challenges lately.

I do comeback to a place where I gambled before and gamble there for couple more days but at the end of the day I hate playing on the same place over and over again, it is always nice to go play in different places and if I do not like a place I remove that from my list, I go for newer places after they are known for like at least couple months and then go back to old school known places once again however we have like 7-8 good places that has existed for years now so I can play one week at a place and never have to play there for another 2-3 months.
3483  Economy / Speculation / Re: We are about to hit 8K and below...soon (see charts) on: September 19, 2019, 01:09:01 PM
The altcoin increase kinda shows that bitcoin is actually ready to go up once again, in order for bitcoin to go up more we needed to break the domination a bit, now going down to $8k would mean domination would have been lower but we didn't go that route and then the altcoin prices moved up which broke down the domination a bit, now we can increase the bitcoin price all the way to 70% domination once again without a trouble.

It is really a roll of dice and sometimes you are right and sometimes you are wrong so there is no reason to feel sad about not knowing what bitcoin will do, its something that no one can predict before hand, of course there will be times where you get it right and there are times where you get it wrong but at the end of the day we are all humans and we make mistakes so its all cool.
3484  Economy / Speculation / Re: Day Trading for a Living? on: September 19, 2019, 11:05:26 AM
You really do not need an excel sheet anymore, you can literally download your trades from the exchange itself, that is excel too but at least you don't have to keep track of it, they are giving it away for free, you can get your previous trades and that way you can actually make a system where you can see what you did wrong and what you did right etc etc.

I always support people checking their trading history, there is literally all info you can ask for, what price you bought, how many you bought, how much fee you paid, then how many you sold, at what price you sold, how much fee you paid etc etc. That way you can make your calculations, there was a guy who turned binance trade history into some sort of graphical thing on excel and that really helped me a lot when I first started.
3485  Economy / Economics / Re: The future of banking industry in blockchain on: September 19, 2019, 08:55:44 AM
It could definitely have positives but it could also have negatives as well. Lets say you do not have any bank accounts from now on, you just have that banks blockchains address, like bitcoin wallet address but for that banks blockchain itself. Now, if you have that then anyone who gets a hold of that banks blockchain to check (like a blockchain explorer) then they can literally check everyone's account and how much they have. Would they be able to hack it and get your money? We don't know, maybe it could be possible or maybe it won't be.

However, even the idea of someone checking everyone's accounts whenever they want sounds horrible, that is why I highly suggest banks to figure out a different method, not just go with blockchain directly but find a combined method.
3486  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Create a perfect decentralized stable coin $USGD on: September 19, 2019, 08:17:21 AM
I agree there is a need of decentralized stablecoin after hearing lots of complaints about manipulation with tether (for example). I guess most stablecoins which are currently on markets are not having proper reserves nor periodic audits. We are just believing into someone else for those stablecoins' worth and they may manipulate them at any level on their wish Bitcoin or any other coin's value is being decided by markets whereas these stablecoins are having infinite supply yet no change in their value. It means it is a cancer to the crypto's decentralization environment. We must need a purely decentralized stable coin.

I read someone else pre-announced a kind of decentralized stablecoin which will be purely based on this community like they promised initial airdrop to all forum members based on merits/rank. But, I am not sure what had happened to that project after that.

Having proper reserve for a stablecoin is a big problem for every stablecoin whereas that proposed stablecoin found a solution to that (if I remember correctly). Like, being a DECENTRALIZED stablecoin it does not require a sufficient reserve or all the BTC in our wallet will be assumed like a reserve hence all the coins will be distributed to bitcoin community as airdrop. I could not remember exactly but I had agreed with their proposal at that time. Let me post their link if I am able to find that pre-ANN now.
3487  Economy / Economics / Re: Bitcoin Is Still bad? JPMorgan Chase Traders Accused Of Market Manipulation on: September 18, 2019, 03:25:33 PM
There is no doubt that the world of finance is filled with these people, hell don't look at just them, look at us in crypto world, we have a lot of scammers and manipulators and basically just bad shady people here as well. Didn't we had a lot of "sorry we got hacked" and closed places here on our own?

We totally did and that is why we literally had to lose a lot of money and give up all of our money in multiple exchanges and even some "cloud" miners as well. That is why when it comes to money you should know that people will do whatever it takes to have more, you can have 1 thousand dollars and will want another thousand, you may have 1 billion dollars and for sure you will want another billion with it. There is no way to stop peoples greed to want more and more money.
3488  Economy / Economics / Re: At which price will loose Bitcoin the dominance in the Crypto Market? on: September 18, 2019, 02:51:31 PM
If you mean some other currency will have the dominance over bitcoin, that will never happen. We are talking about a currency (bitcoin) that literally held 70% of ALL market and than rest of ALL coins combined together made just 30% of it. So, as you can see there is literally no way that just one currency can beat bitcoin dominance all by itself. However, if you mean when will bitcoin go under 50% than it must be easy, not too easy of course like anything worth doing but its still easier than one currency beating bitcoin in dominance.

I would highly expect to see bitcoin to drop under 50% though, altcoins have been in a bear slumber for a long time and that has cost people a lot of money and we have been waiting for an altcoin run for so long, we had a short quick burst recently but we hope for a lot more.
3489  Economy / Economics / Re: Trading on: September 18, 2019, 11:33:03 AM
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
It depends on what type of trading you're referring to. If you can be able to study charts and predict the possible outcome of the market, then you will be able to trade with less risk (because the risk will always be there). There is no strategy that will 100% eliminate risks. You just have to know how you should manage risks. The simplest strategy that most people use is HODL. That way you won't have to do much work like those that are into day trading and leveraging. HODL requires proper research and having patience. Some people claim their instincts helps them in making a decision when they are using this particular strategy.

In trading you might earn and lose there is always a risks and understand the situation before buying or selling a crypto.
That's why risk management is very important. Some people don't know how to manage risks and that's why they keep on losing. Using stop loss in trading is really important. You can make use of this tool on any platform to cut short your loss.
3490  Economy / Economics / Re: Will Blockchain trigger a massive boost in our economy? on: September 18, 2019, 10:07:21 AM
It will probably not trigger anything, it will have a massive boost to our economy but be sure that the rich and wealthy will definitely use that extra for themselves and make themselves richer and not gonna share it with you guys, so when you look at the GDP it will be higher but the gap between rich and poor will be bigger too so nobody will benefit anything from this.

Blockchain was built so that not rich people could built their own financial system where everyone is equal, we have done that with bitcoin and all other currencies, rich people could at most get more bitcoins and manipulate the price but they can't ever change anything, if bitcoin goes to 1 dollars tomorrow they will lose money like all of us, not get bailed out by the government.
3491  Economy / Services / Re: Coinbase Dai $14 on: September 18, 2019, 08:22:17 AM
You got stuck at the lesson 4 : Generate Dai with Maker? (Because, I am seeing that step alone paying the exact amount you have mentioned in subject-line). Or while verifying your documents to clear KYC? You have not mentioned about your country. Coinbase mostly provides offer for US residents (and for other countries too but in very much limited numbers).

I like to suggest to double confirm that Dai offer is available in your region too. Meanwhile you may earn up to $100 from coinbase with their other promotions on eos and xmr (yet given that you must be from USA Grin).

3492  Economy / Services / Re: Apps that pay real money on: September 18, 2019, 07:30:18 AM
Does anyone use or know any app on Google play store that pays real money or something like that.
If you are having no regular job and having lots of free time then you may check and try crypto faucets. Please note: whatever you earn in USD or in your fiat may not grow over the time. All the people who have suggested here so far considering your energy and time with respect to current worth of your rewards. But, saving cryptos for longer time may bring you big differences. Still, faucets are not good for full time job as you cannot make a living out of it. But, you may have 2 to 5 good faucets and make use of them as side work along with a major job like being a freelancing coder+signature participation in this forum (for example).

If you have time to do something fruitful, get a job and work hard to earn money.
People from developing and under developed countries are having more free time but less opportunities to work hard. I am sure if they pick up any software coding kind of skill then definitely they might find a path to work hard. But, most people are looking for "easy money" in the name of "free money".
3493  Economy / Speculation / Re: Why Bitcoin will Hit $100,000 in or Before 2022 on: September 18, 2019, 06:02:34 AM
We should be going that direction soon, I mean it all depends on the may halving, if we spend the next year getting bigger and bigger than we will get closer to it, if we see the actual rise and the price gets bigger than we will probably be fine and reach $100k soon, however if we do not get up in the next 1 year than we will not be going to $100k for sure.

So, what happens in 2022 is kinda depending on what will happen in 2020, bitcoin prices affect each other like that, what happens today affects tomorrow as well. Let's watch how bitcoin will be affected during the halving period, not just that time but before it and beyond it as well, like maybe 6 months before and 6 months after it, that is why I honestly wait 2020 and gonna decide after that. I half think that $100k is possible after the halving itself before 2022 in 2020.
3494  Economy / Speculation / Re: Did fear cause that sharp dump? on: September 17, 2019, 07:31:39 PM
How it feels bad when we all are in fear and everyone gets in panic. Basically, it will give a huge impact on the market price and obviously it dragging down the price deeply. I'd think this is all controllable and I know we don't want to see the market going down.

The future of crypto is likely depending on us. We would like to see bull run but somehow some of us are holding it up because of their fear and doubts. They only make their self as a hindrance of their success instead, we keep positive and never let been controlled by our emotions.
I have always said, fear doesn't "cause" the drop, there is a drop and because of that drop people get afraid and panic sell and then price continues to drop. So what we have in our hands is that yes fear does cause price to fall but only after it already starts to drop, which means it doesn't "cause" the drop but it just encourages further drop.

Nobody really understands what fear does or what panic sell is, I see bitcoin price sometimes go down and everyone calls out panic sellers, well yeah some people saw price go down and got scared and sold their coins but what happened that made the price go down and made them scared about it, we should focus on those early reasons not the later furthering of the issue. For some reason those first causes always get away with it and all the blame stays on panic sellers.
3495  Economy / Gambling discussion / Re: 2019 NBA Season on: September 17, 2019, 05:21:10 PM
Admit it, if Thompson was not injured last NBA finals, they have a good chance to win even without Durant..
Wanted to rephrase this. Not only Durant and Thompson were injured. I think most of their team are injured at that time. And that's what makes them lost the finals. I forgot who said this but this was the phrase (non-verbatim) "Probably the reason why the warriors didn't win this season is because of injury." Well, some of you might say that they even can't beat Toronto in regular season but Warriors are pretty much tough during playoffs.
I doubt they will risk by putting Thompson in playoffs, dude had a serious injury and one of the best defenders in the league, in order to keep his lateral movement going he has to recover really well and I doubt they will have a big chance to win the ring this year so there is no reason to force Klay to come back and play for just 10 games or whatever he can play.

He won't be ready and just out of a new injury with no game shape at all, of course he would be better than any other person they will play but its a risk that is unnecessary if you ask me. Can they do it? Sure. Should they do it? I don't think so. Klay should relax until next season and come back fresh and get his speed up slowly at the start of the season and get better until the end of the season to make a difference in playoffs.
3496  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: September 17, 2019, 04:42:23 PM
Do not sleep on Ajax, those dudes went so far ahead in champions league last year and they are playing Lille so I assume they will destroy them too, I would play either halves for them as well because they will probably score an early goal and then keep on attacking, Dutch football has always been focused on more attacks than defense so its a quite possible option to play 2.5 over as well.

Rest I agree with Harkorede, Liverpool will win, Barcelona will definitely will, Dortmund looks like a good team but we are talking about Barcelona here, yeah they had a big upset last year and lost 4-0 and got eliminated but even that was to eventual champions so its fine by me. Inter and Chelsea will be easy games and looking at their odds its not even that much of a shock.
3497  Economy / Speculation / Re: What year will Bitcoin reach $250,000? on: September 17, 2019, 03:57:15 PM
I'm with Tim Draper on this one. He said $250,000 per BTC will happen in 2022. He was hedging his bets weeks ago by saying it could be around December 2022. And now just recently he said he believes $250,000 is actually a conservative estimate.
Tim draper also predicted in 2014, that Bitcoin would hit $10,000 in 2017, as we know now, he was correct.

Hopefully he is correct again.
This time he may not be correct, just because he was right once doesn't mean he will be right at all his guess.

2022 is just too soon man, $250k is really high number and people are not realizing that a 10% increase in $10k to $11k is not same as $200k going to $220k, we are talking about billions of dollars of money going straight from someones bank account to some exchanges to purchase bitcoin, that is not gonna happen that easily, surely when we become more global and all rich all around the world start to buy bitcoin like crazy we may end up seeing something like that but do you really think that in 3 years there will be billionaires all around to world trying to get more bitcoins? Or MILLIONS of people putting up hundreds of dollars everyday?

I doubt that is gonna happen in 3 years, it will probably take longer.
3498  Economy / Speculation / Re: [2019-09-12] Bobby Lee Suddenly Makes $200,000 BTC Price Prediction on: September 17, 2019, 03:12:49 PM
It is like saying bitcoin will be $11k one day, yeah "one day" it will be $11k, probably very soon as well, it is easy to say bitcoin will be $200k one day, its another to say it will be $200k in 6 months, there is a big difference. I personally feel like $200k is a long long long way down the road, it probably won't happen anytime soon, that is why I am not full in crypto, most of my stash in crypto but I still keep some in fiat investments because they feel safer, I know I won't make much money from them, however I feel like its a good way to dilute your investments into many stuff, if you don't than you end up with one bad move and your all-in becomes all-bag instead of profits.

$200K shouldn't be the goal, $50k should be the more realistic goal and $20k should be the short term goal.
3499  Economy / Speculation / Re: Close to BIG Breakout. Will it be $7K or $13K? on: September 17, 2019, 08:36:00 AM
no one can guess the price movements of cryptocurrency, if your analysis is correct then it is just luck, indeed everyone is free to determine the bitcoin price movement but you should know that bitcoin price movements depend on demand, the higher the demand, the bitcoin price can be expensive , even a few more months will happen halving bitcoin that can make prices rise so rapidly.
When you see the price going up from $3k to $10k then you may want to either get in because you think it will go up even more or you may want to not get in because it already made a lot of profits for many people and has been idle for months which means the train has already left the station.

There is really no point of insisting on the fact that bitcoin  "will be higher" when people who bought from $20k still hasn't made any profits since it started to drop, yes maybe in 5 years we will laugh at these prices but expecting someone to wait 5 years for a profit is not a good idea, people should see some sort of life in bitcoin before they can actually go all in, without seeing any profits they will see it as a sinkhole that will eat up your investments.
3500  Economy / Trading Discussion / Re: Experience in Arbitrage trading? on: September 17, 2019, 05:12:46 AM
Well, the best case of doing arbitrage trading is having two bank accounts in two different countries.

Usually that involves a lot of money to send and receive from those countries but if you could manage to do it then you could make a lot of money with it. For example, let's say you have money in an USA bank and you have one in German bank, that means if you send money from USA bank to coin base, buy bitcoin on coinbase, send it to German exchange, buy Euro with it and send it to your German bank and then send it back to your american bank you can have profits.

Now, all of this costs a ton of money along the way so you both have to have a lot of money to do it plus you need to make sure there is that much difference, that is why people that have money in third world countries do it and not EU vs USA like I gave example of.
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