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4021  Economy / Gambling / Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿ on: March 23, 2019, 04:20:07 PM
You can agree with us both because what they answered has nothing to do with what I said. I said the amount of money required to pay a single bill with the BET token income is above millions of dollars, so I am not denying the fact that they are doing marketing and they are promoting or they are working hard or the website is not great and all that but I am just trying to say that the investment feature is not really as good as it gets, They just managed to make themselves richer with this method but they are making us pay millions of dollars just to even make a bit of money from it.

If they are working hard they should definitely be paid and I agree that but they are paid WAAAAY too much for what they are doing, maybe their share of the BET token should be half of what it is and than we can talk about it.
4022  Economy / Speculation / Re: New Report Warns 87 Percent of Cryptocurrency Exchange Volume Is Potentially Sus on: March 22, 2019, 07:46:00 PM
I wouldn't be shocked, volume is what attract customers in exchanges. If binance suddenly dropped to one million dollars volume a day, would you continue using it? If they were always like that would you start using them ? I think volume is the most important thing in exchanges to attract customers, the first thing any trader looks at any exchange is the volume.

Also, another topic the volume basically decides on what a company makes on profit, so if a company has like a volume bot that is making their volume look bigger and bigger that means it also looks like they make more and more money, which really helps out in many cases like for example on coinbase for them to get funded by investors and open more places so they could get bigger and eventually don't even need the volume bot one day.
We actually caused this ourselves, when one of the criteria we normally advise people to use in selecting an exchange is the volume and I really don’t blame them for using that, it doesn’t make them fake, it happens too in normal online business, whereby an ecommerce business on instagram or Facebook buys lots of followers to make them look big already because people don’t want to really associate with the ones with low followers. That is why we have lots of qualified exchanges out there that are not practicing this but not so popular, I don’t have problem with the manipulating the volume provided they are carrying out their legal assignments.
4023  Economy / Speculation / Re: Bitcoin at $9,000 by the end of the year on: March 22, 2019, 07:07:23 PM
From the price falling low reaching around $3000 the price of bitcoin has recovered reaching close to $4100 by now. Maybe the growth of bitcoin can go away from the prediction, but with the present market growth pattern I expect the price will reach at least $10000 if the similar growth pattrern continues till the end of the year.
Realistic figure we have there, lots of prediction needs to go away and all we need now is good news such as the one of visa adopting crypto, Samsung, Facebook and many other available. With all these sort of news flying round the internet this year, we can be sure to gain attention of more investors that will come in to spike up the prices of Bitcoin and other good coins available out there.

But, I think with this new trend I am seeing with Bitcoin price, we might be on $4,000/ $5000 for the next 3 months, and then from there, we will see the new direction.
4024  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you hate the most about your current exchange? on: March 22, 2019, 06:35:05 PM
There are two thing I don't like with my exchanges.
One, the huge fee to trade coins. I don't know why exchanges charge huge fee to trade coins. Sometimes I see fees is more than what we want to buy or sell. it's very difficult in this situation and really have to think if it's really worth buying or selling?
By reducing the fees, exchanges can attract more users and thus their revenue.
Second thing I don't like is to have enough pairs to trade or even availability of few coins which someone wants to buy or sell.
Also security is also one of the concerns which is very much important at this moment.
Well, in this regard, if your exchange fails to join the trend by reducing their trading fee, I will advise you go on other exchange that can offer you these feature you are looking for, it is because of this exorbitant trading fee that many people believe that Binance trader makes more money than other traders which is quite true, because of their very low trading fee.

High fee charged can really be killing sometimes, especially when you intend trading with a low money and then you realize that he fee charged would have even taking almost half of it away and you have to struggle to meet up with the amount charged before you can start talking about profit, so mate, try Binance.
4025  Alternate cryptocurrencies / Altcoin Discussion / Re: Listing kills a coin? on: March 22, 2019, 06:05:28 PM
many coin or token created with same project with before. Its create a tight competition and bring market more attractive. Beside competition on the project, sometimes investor have big discount when privale sale and investor want to take quick profits by selling under ICO price. Many factor why the price drop when first listing on exchanger and i think its depend on the community
These competition is what I really don’t like, must they even create coin, is there no way they can successfully carry out a  project building on already existing coin like Bitcoin because I feel the reason why the market is still volatile and refusing to come out of bear market is because of the too many coins being created now and dragging same investors we have within the market, this is making other coins that ought to have experienced high growth get stuck in one place.

I know that the market is big for everyone but how many investors are in the system, you can only display your project to an investor within the system which will give them too many options to select from.
4026  Alternate cryptocurrencies / Altcoin Discussion / Re: Alts Dropping Gives YOU Opportunities on: March 22, 2019, 04:46:38 PM
They gives us opportunity to buy and buy more alts when they are continuosly dropping. But the thing is, some ICO coins are not that easily recovered and has a less demand, making their price hardly to pump up. But overall, that's the main reason why we are here. To look and watch for the coins to drop and then we invest.
You see, this way of seeing any cryptocurrency is main reason why the system is not growing and you see a lot of projects dying, let us be sincere to ourselves, when that project was created, was the coin created for investment purpose ? It was created as a means of paying for whatever product the project is coming up with and the benefit might come along the line but that investment was not the aim.

Many projects we see today dying is because the users only saw it as investment and that is why it is very easy for them to dump the coin once they had made the little profit they want from it, while the remaining holdlers are just wasting their time, unless the coin comes back to its original use, it might never grow again.
4027  Alternate cryptocurrencies / Altcoin Discussion / Re: What are the requirements to have a successful ICO launch for project? on: March 22, 2019, 04:01:55 PM
if possible, the token is released as soon as possible to the market exchange or even before ico has been released. it was intended that traders and investors would not hesitate to buy and invest in ico. the more you give funds, the more successful ico will be.
Hey mate, I don’t understand the aspect of token being given before ICO has be release, because I think token can only be given upon completion of an ICO since it is the money they are raising that part of it needs to be converted and given as token, while they also need part of the money to be listed on exchange after ICO. Hardly do we find projects that already have money to use to carry out these activities before ICO except few.

Most ICO starts the ICO with zero funding, so it will be very difficult to give what you don’t have. The best like you said initially is just for them not to delay after the ICO to enter an exchange.
4028  Economy / Gambling / Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿ on: March 22, 2019, 02:44:27 PM
I do not doubt their legitimacy, they do look totally legit and why wouldn't they be, look at how the casino runs and how much the BET holders make and how much the team owns in BET and see if they need any scamy or shady stuff to make money. That is how I sometimes test out the new places, eosbet is not "new" but it is quite new compared to many others and yeah of course we will need to trust them at some point and in order to trust I always check out how "realistic" their approach is.

These dudes basically created a "self-run" casino all by itself and I am 100% sure they are not scamming anyone because they took a bunch of BET for free and told people to bet millions of dollars just to have enough BET to cover a simple utility bill expense, looking at how hard it is and how they already gave themselves free money forever, I see no reason for them to scam anymore, they are already swimming in cash and making others spend tons to reach their own levels, I do not think they even need to scam anyone with this method.
4029  Economy / Gambling discussion / Re: Play poker to train trading on: March 22, 2019, 10:02:23 AM
I dont think there are very similar, its maybe true to be able to win in either gambling or trading you need to calculate the possibility, but in gambling there are no indicators that could increase your winning chance, in trading we got a lot of support factors and chart, psychology and news also could become the extra point to increase the winning chance
This is indeed the fact that both of them have no relationship, nevertheless, poker can also be a strategy game and I want to believe that strategy is what they both have in common, poker is not like every other gambling game that is a game of luck.

Even if we can still see  LUCK too plays out in poker but if you have a good strategy, you can be sure of winning which trading too has its own strategy and when traded well, the chances of making it in trading is quite high, when you don’t apply strategy to trading, that is when it becomes like gambling.
4030  Economy / Gambling / Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge on: March 21, 2019, 03:39:38 PM
-snip-

Wow! Such good feedback!:) We still have a lot of work on SocialBet. This is our first step and these kinds of words are motivating us very much:) Thank's
I mean don't get your hopes up that quickly. The game looks great, it is super entertaining and I would definitely play it when the game starts but that doesn't mean it will succeed right away. We are in crypto casino world where it is insanely hard to find people to deposit their money to your website but considering this is a game where people play vs other people they should have less trust issues.

You still have a loooooong way to finish the product and do a proper marketing and it will take both a lot of your time and a lot of your money so be patient but when it is said and done if you do a good job with it the concept is definitely amazing. You have at least one customer with me that is for sure, but its because I am always around and checking new games, you need to do marketing a lot bigger and wider when you officially start.
4031  Economy / Speculation / Re: Is there a future for BTC anymore? on: March 21, 2019, 11:08:28 AM
Majority of people are judging the progress of bitcoin by the pump of few years ago which is quite wrong because I feel they lack the understanding of the whole cryptocurrency thing, price is a very wrong approaching to seeing the progress of the currency but it should be based on stability, it is high time bitcoin stabilizes and give way for its usage.

Now a days, bitcoin is being treated as a store value and it is being adopted in our daily life, it will gradually play its role of replacement for fiats and at the same time will benefit people through its store of value too. This way bitcoin got definite future and we never need to doubt on that. Still, we must give it enough time to groom on its own pace of developments.
When it comes to bitcoin, I think there is no uncertainty and doubt the issue of fear and uncertainty has actually played its negative role on the adoption of cryptocurrency generally but for bitcoin, I think it is no longer the issue of FUD, after what happened during the last bull run, people are just waiting to see when the price finally get to bottom for them to start accumulating more coins.

Once there is an assurance that the bottom has been reached and people start gathering more coins, we will start seeing very much growth in bitcoin price, the pump might not be a sudden one like before  but it will keep taking step towards it no matter how slow it may be till it reaches.
4032  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency Market Capitalization on: March 21, 2019, 10:25:28 AM
yes, after what happened in the crypto market in the previous year, of course this is now a challenge for me personally, how to earn income in a market situation that has not improved and there is only one way to switch to temporary trading while waiting for the market to recover.
You have not made a wrong choice with your decision which some believes is the best for now, though it still has a way of affecting the growth of market too, because activities of traders most times are the ones causing the volatility we are experiencing here and there by buying and selling often in the market, and what will really make us see a tangible increase and stability in price is when we use it as store for value, we have to keep holding it which you have been doing I believe.

Total crypto marketcap had come down to near $100  billion in December 2018 and now it is near $141 billion.
That is due to the increase in circulating supply. This is the reason, I mostly do not consider marketcap as a valid criteria for evaluating the future of a coin. It may not produce accurate information due to various manipulations.
4033  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Celar binance launchpad IEO on: March 21, 2019, 08:52:13 AM
I believe in binance launch pad tokens as like i have tried to invest 500 USD on cler but was waiting in queue for quiet long time. How many of face the same issue and not successful?
If you acquired the token how to make that possible. Could you please explain it.
Most token sold on IEO platforms are experiencing massive turnout, lots of pending investors because of the great believe in the investment security IEO comes with which makes a lot of IEO projects get so many pending investors in which the token becomes sold out immediately, some of those delays are also as a result of clogged system because of the number of users coming on the platform to invest, you might not succeed in getting the token before it gets sold out because the number of pending investors outweighs the supply limit, so just have to hold on the queue hoping that the system will pick yours or looks for another project.
4034  Alternate cryptocurrencies / Altcoin Discussion / Re: Stay Calm, IEOs aren't a threat on: March 21, 2019, 05:05:08 AM
I don't have the right data but I guess it's 2 out 10 ICO there are still many projects that go for the usual ICO where they hired bounty hunters to do their marketing, but if the scamming continues we will have a big reverse, which means the number of IEO will be greater than ICO.
You are right saying we will have a big reverse which the reverse is already happening except we bounty hunters to do little from our own end to flush out these scammers which I believe that in our own little way we can do to and how can we help, we should not rush in joining a campaign and helping them promote these scam and shitcoins which will in turn backfire for us too by wasting our time.

We need to thoroughly study the project just like an investor would, check the teams out, make our findings about them, reject the ones we are not satisfied with and so on, we could also create a group for bounty hunter to discuss about projects and make recommendations.
4035  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum vs BitcoinCash Which will win? on: March 20, 2019, 07:33:00 PM
Ethereum is the second largest cryptocurrency according to coinmarketcap. Ethereum has a marketcap of $14.6 billion. Ethereum is used in most of the ico to raise funds and most of the tokens are ERC-20 based on ether network.

Bitcoin Cash (BCHABC) referred many times as the real bitcoin, stands at the sixth position on coinmarketcap. BCHABC has not as many uses as Ethereum have but used and accepted in many payment systems.

What do you think who will win in the long term?
 Ethereum or Bitcoin Cash (BCHABC)?
BCH can never stand as real bitcoin in as much as it is just a fork of the main BTC, ETHEREUM will also retain its position as the second largest crypto and will never give it out without a fight which they will always win due to their strong community and the team behind the project, we can see their relentless effort through the upgrade that was done recently which improved the use of the coin and gained more attention from people.

Bitcoin-cash is just hiding behind the main or actual bitcoin and very soon will become dumped.
4036  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: March 20, 2019, 04:45:37 PM
Would you? I mean if I was operating a business like this myself I wouldn't give any info about myself neither, there are people who are quite strong on their tracing abilities online and I am personally not that much of a tech guy so I would be doxxed by someone eventually anyway but I wouldn't give it myself.

I think wetsuit already started to bring himself a bit further away from all those daily things anyway and runs it like a business properly, thequin which we all love is a great hire by wetsuit, dude is beast here and always responses and always reacts to everything so we are lucky (to be honest thequins PR is better than wetsuits Cheesy lol) but with wetsuit doing all of this we can see how he is distancing from one on one connections and we can clearly assume thats a sign of how he will never dox himself.
4037  Economy / Gambling / Re: SwC Poker RELAUNCH ♣️ BITCOIN POKER 3.0 ♣️ BIG BTC🏆 ♣ Win✅ Mac✅ Android✅ HTML5✅ on: March 20, 2019, 02:52:39 PM
SwC putting up something like that is purely because they are decent people and not because they are "forced" to do that, if SwC never put anything like that you still couldn't have a legal action against them for not putting it up there. This is something "decent company caring about the customer" not something "in order to stay open you need to put this up or you will be closed" or something.

The level of imagination these casino haters are beyond me, you have to be proper ignorant to think that casino have to care about your addiction, they should not, if they do that is great for them shows how great humans they are but if I ever owned a casino I would try to talk with the addict to sell his house to bet big on red for a chance to make it back and if he loses I would be happy and if he wins I would tell him to try again he is on a roll until he loses, aaaaaalll because its my freaking job to get money from you as the casino owner not babysit your needs. Thankfully SwC is run by people who are much more decent than me Grin.
4038  Economy / Gambling / Re: SocialBet.io :: Anti-Casino :: 0% Rake & House Edge on: March 20, 2019, 12:15:11 PM
I have been playing it since yesterday and I had the most fun I ever had from basically any game ever, it is definitely lacking a lot of customers and if you could increase the user number it could turn out to be a great game.

There was one other problem, the old bets I made are not listed properly, like which one is which and what not you need to find a way to fix that "my tickets" part and make it include more info, I don't have any idea which one is the 1 day one which one is 1 hour and so forth when I look at it and which one that won money was from which one.

It is all complicated there in short and its already gone, I am looking at it today and can't see anything. So, if you fix that and if you find a way to get more people into your website than you will be a great game. That 0% rake thingy added on the topic is a smart idea.
4039  Economy / Economics / Re: The Factors of Demand and supply on: March 20, 2019, 10:58:21 AM
I do not believe 100% that prices in cryptosphere are driven by the factors of demand and supply.
It's more of speculation..news .
It's news that drives Prices.
It could be downward or upwards depending whether the news is positive or negative.
The major determinant of crypto currency price is the law of demand and supply mate, news are just factors that facilitate demand and supply. The news you talked about is what makes people consider either cashing out or not, when people make this decision, if demand and supply does not play out, everything will become static.

Even if the president of the united states comes out today to say he is in full support of crypto, that news alone will not make the price go up if there is no demand, but it will rather facilitate demand which in turn affects the price of the coin.
4040  Economy / Economics / Re: Bull VS Bear Markets, How Do You Tell The Difference!? on: March 20, 2019, 09:59:06 AM
sometimes people are afraid to buy in bearish, because it is feared there will be further bearishness. precisely in my opinion, when in a bearish area, we must learn to look for long positions, so that profits are easier to obtain

Also when buying in bearish market is riskier for other because they want to earn by buying and selling simply trading and they end up to loosing their value and sometimes their money wont be able to circulate to earn more value.
I don’t think anyone should see a bearish market as being risky, the problem with many people that are into the system is because they only speculate prices and don’t take advantage of the technical and fundamental analysis available to us to be able to decide time to buy when the market has bottom and cannot go further bearish but rather looking toward bullish trend.

If price of a coin rose to about 1000 usd from 200 usd, the moment it start depreciating gradually below that price already makes it bearish, so the best time to buy is not the bearish market itself but to wait and study when the coin has finally bottom and cannot go lower.
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