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1341  Economy / Trading Discussion / Re: EXECUTION of crypto arbitrage? on: December 07, 2020, 10:26:00 PM
Happy to see the interest by traders in institutional finance organizations. Regarding the arbitrage opportunities, the system is not the same as in the spot forex market, there are negative sides of using algo on fast crypto markets. Think it like trading the news 2 minutes before the event time and you should avoid trading during the rush hours. The slippage, delay, illiquidity, wash trading will be there and the flash market movements will combine together on the bad trading day.
1342  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH high gas fee on: December 07, 2020, 09:59:07 PM
Maybe the full implementation of ETH 2.0 and the alternative transfer by different projects will speed up the process. I also don't like to pay a $6 fee for ERC-20 token transactions but it is what it is. IDEX and similar tokens traded exchanges can ask the average GAS fee per token transaction which is higher than $6 but waiting for less network activity can decrease the total paid fee. The high GAS fee is something for the small transactions because both whales and small traders are not able to pay over $3 for the small ETH transaction. Maybe this policy will change one day in favor of the small traders, at least I hope so.
1343  Economy / Gambling discussion / Re: Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term? on: December 07, 2020, 09:24:53 PM
You should read first the TOS of any gambling site that you are planning to use and check whether you will be having an issue in the long run if in case you will be winning some huge amount of money. If the casino owners can see that your account is not behaving correctly then they will surely restrict or freeze your account as they conduct an investigation whether you are doing some shady actions or not that is against in their terms.

But if you are not planning to win using a shady techniques then you should not worry as long as your account is clean and the casino owners cannot find some issues in your account that they can use against you.

TOS is a good source for blaming gamblers for any correct gambling activity which can look suspicious according to whatever section of the TOS. There is no guarantee any bookie will not block or restrict the account in case of a huge win and the same practice is applied by the majority of gambling websites. I agree if the user wins huge money by betting on the fourth league of third world countries and it is obviously "shady". The withdrawal conditions will be strict on this type of gambling accounts and the management will monitor the account activity for a long time until they catch something.
1344  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy 5 coins and wait till each of them grows 10%, then sell on: December 07, 2020, 08:12:33 PM
This is not a strategy and a very simplified version of buying low or selling high. The idea is always to sell at a higher price and the previous prices can't be available for trading for a long time. I don't think it is a smart trading strategy waiting years for making a 10% profit, at least impatient investors will not wait more than 3 months. In the worst case, the altcoins purchased for a long term HODL will disappear before the altcoin season. There is no need to risk the hard-earned trading capital for such risky strategies because it can blow up the trading account faster than we planned, unfortunately.
1345  Economy / Gambling discussion / Re: Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term? on: December 06, 2020, 10:58:35 PM
Betfair, Matchbet, Asianodds and Pinnacle are the bookies winners are welcome in all cases. If you are a bonus hunter stay away from the lucrative bonus offers on the first deposit and you are good to go. If you bet against the bookie and the majority of your bets are in profit the restrictions will be applied to your betting account. AFAIK, Pinnacle is the best betting platform for juicy odds and Betfair is my second suggestion depending on the jurisdiction. My choice is always Pinnacle because the perfect sports betting website doesn't exist especially after a few years Wink
1346  Alternate cryptocurrencies / Altcoin Discussion / Re: Can new crypto beat Eth in the market? on: December 06, 2020, 10:37:54 PM
Maybe the marketcap of new coin will surpass the total marketcap of ETH in the future but it will temporary like in XRP case. The XRP project has taken over the second place of coinmarketcap list for a week but later called to 3rd place. The valuation is not transparent but the real value can be measured with real use case which is very high for ETH compared to XRP. For beating the top altcoins, the new altcoin should have a specification which the investors can't find on alternative cryptocurrencies. Otherwise, it is a waste of time to make the analysis as it has happened in the PolkaDOT altcoin case. No one has expected a huge pump right after the exchange listing on the Binance but it happens sometiems.
1347  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Email address exposure in spreadsheet on: December 05, 2020, 10:59:00 PM
For privacy reasons, some columns have to be hidden by bounty managers but it is not possible to hide the identity of bounty participants in long term bounty hunting. There are many possibilities for each bounty campaign but I have respect for bounty managers who did their best in order to protect the forum users. Scam projects can send bomb email for the public email addresses, the best option is to use a temporary email address for each bounty campaign, IMO.
1348  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Loaded on XRP at $0.19. Time to cash in on: December 05, 2020, 10:28:16 PM
26% profit, not bad but low for the bull market. From my understanding, you just made a risky decision by selling the funds belongs to the client. This time you are lucky but the next time you can be fired in case of suspicious activity on trading accounts of investors. I still need more info to calculate the risks you accepted before getting in the trade because you have to accept the fact which is about to give back the fund of investors in the loss. The another question is if you have enough money to recover the loss why you risk other people's money? Can't you see the risks if the market goes against your open trade? Being underwater is not good in all cases, in my experience.
1349  Alternate cryptocurrencies / Altcoin Discussion / Re: Mobile wallet is more important on: December 05, 2020, 10:03:16 PM
The mobile wallet is more convenient for newbies but it doesn't offer something special for average users. Everything the traders can do with mobile wallets can be done through the web wallets and the security of desktop or web wallets are better compared to risks injected malware on rooted smartphones. Mobile wallets are good as hot wallets because the malware will not able to steal more than 1 BTC in case of getting hacked. My advice is to avoid downloading third-party applications from external sources because the malware can be inside the installation package of cracked Android apps.
1350  Economy / Trading Discussion / Re: TA gods, need your advice on: December 05, 2020, 09:43:37 PM
Human error or manual error may happen due to the price action driven by market participants. The cashout may happen due to the new year and the price can renounce around $15k but this is all speculation. There are lots of statistical variations on charts and the price formations can lead to temporary correction, not dump. The dump can cause a domino effect on the market but I am not sure the traders will handle the loss in case of a big dump. The variations will let us calculate the possibilities but at the end of the day, possibilities don't make money for us. That is why betting on each trade can turn to a profit instead of cracking head over the technical analysis for countless hours.
1351  Economy / Gambling / Re: 1XBIT.COM ᐉ Bet online ᐉ BTC Betting ᐉ Online betting odds on: December 05, 2020, 09:20:25 PM
I know multi account is against the TOS of a certain site, but what would happen if we make a new account because we lose access to our first account?
The intention is not to cheat the site, it's just that I love to gamble, I loss access to the old account so I created a new one.


I'd say when they mentioned in their terms of service that having multiple accounts is against rules, then even if your main account got a problem and you can not access it you should contact support and try to solve the issue that way, and if you did just that and your problem was not solved then why would you trust them again and create another account and deposit anything there anyways?

Can they use it as a reason to scam us though our intention is clean?

No, they can not, but if you act against their TOS they have the right to apply their rules as mentioned on their website.

Anyway this website is clearly scam and they probably waiting to get more money out of their users to fully exit scam one day.

If you break a site's terms and conditions, they have the rights to block your account.

What I've only discovered so far at 1xbit is that they never explain.

They just say the terms and conditions have been violated.

If that is really the case, then they should also explain. Not giving an explanation only makes them suspicious in my view.
Not the first nor the last case.
There are other mirror websites of 1xbet and the management avoids answering the questions about the possible connections. The bad reputation of the 1xbet is the reason why many gamblers look for better gambling websites but the same group of people waits on the next website to scam them again. Askgamblers and other popular gambling review websites banned all linked casinos to 1xbet affiliates,AFAIK.
1352  Economy / Trading Discussion / Re: Dump tactics - where to protect your crypot's when during dump? on: December 04, 2020, 10:59:23 PM
As suggested, trade your Bitcoins for stable altcoins and never try to chase the losses in the market in case of being on the wrong side of the trend. You can use sell stop orders if the market drops suddenly with the given price range, the best tool for protecting the trades from sudden market behaviors. You can use buy/sell limit orders to buy/sell higher the market rate. If the market rate is lower than the rate you wanna sell, use the sell limit order but be careful not to mislead the orders with stop sell orders. There is four types of limit/stop orders and each of the trading order serves for different purposes. For any question, you can ask here or directly from me on pm.
1353  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is going to be the next gem on: December 04, 2020, 10:46:11 PM
It is time to look for the new gem altcoins, BTC is kinda expensive for poor gem hunters. The price will touch $30000 sooner or later before 2022 but it is too late for latecomers to invest in the BTC. I suggest investing in the low marketcap altcoins.  The gem altcoins are not easily foundable, so better be careful not to get catched by HYPE which is the biggest enemy of every gem hunter. Many investors will try to sell their "analysis" for convincing you to buy more gem altcoins which are bagged before telling about this altcoin to you. They will try to dump on your limit orders in order to steal from you after convincing you to buy the gem altcoins.
1354  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Pain of bounty hunters on: December 03, 2020, 10:39:30 PM
I always tell people to keep trying and check the group because some awards unfortunately close without anyone's knowledge. The reward is full of uncertainty, so it's best to keep doing it because sometimes some campaigns can make really big wins.
about that, usually KYC at the end of the campaign, people often lose the opportunity to claim tokens.
On the one hand it is different from 2017 where many ICO projects were successful, there were no deductions in prize allocation, participants were paid in real terms, etc., but we realize that being a bounty hunter is not easy, we must always be ready. with all the consequences and risks. but I personally don't give up and continue to actively participate in the Bounty program. who knows luck will come our way.
KYC is mandatory for regulated projects due to the latest updates on GDPR in the EU zone, there is no reason to blame the team for this. The bounty hunters have to be lucky for bypassing the KTC unless the otherwise was agreed on terms-conditions before the first day of the bounty campaign. The useless tokens don't care about our privacy, so sending personal documents is very dangerous. There is shady deep web businesses underground and we never have seen this kind of trades on normal internet. If you check the deep web, there are thousands of sold KYC database hacked by hackers and the majority of these documents are stolen by investors or bounty hunters, unfortunately.
1355  Economy / Gambling discussion / Re: What do you think about this service ? on: November 30, 2020, 09:31:27 PM
Stopped reading the message after the "guaranteed fixed matches" phrase, there is no room for scammers to suck the blood of victims thanks to the increasing proportion of educated gamblers. The scammers can use a simple HTML editor or F12 page edition function of Chromium type browsers in order to edit the page. Let alone getting the inside information about the fixed match, trying to sell this info can be the reason for the ban after the first strike.
1356  Economy / Gambling discussion / Re: Stake or nitrogen my point of view on: November 29, 2020, 10:25:14 PM
Nitrogen has scam report in the scam section plus their comparison to other gambling sites makes them inferior when they used to be the top online gambling site, the Nitrogen team should discuss this and talk about making the site great again, if Stake is beating them and many gamblers are leaving soon many new gambling site will beat them too.
I have used both bookies and none of the mentioned gambling websites are able to cover my needs as a professional service. The Stake has the lowest odds and the house edge per bet is higher compared to the alternative betting websites. Scam accusations are solved by the Stake team but the same is not true for Nitrogen, AFAIK. Maybe this is the main reason why the popularity of Pinnacle increases every year among high rollers.
1357  Economy / Trading Discussion / Re: what is your unforgettable experience in trading? on: November 28, 2020, 07:48:57 PM
Years ago, I have made a mad decision with trading the high volatility on a margin trading account that has more than 1:2000 leverage. The total time during entry/exit from trades was less than 5 minutes and I have made a $2000 profit on the first minute of trade and whipsaw has caused a $9000 loss on the third minutes. The crazy volatility was caused by the unexpected news and I didn't use limit or stop orders. The margin trading has such side effects and if you check the Bitmex liquidation bot, you can find many crazy margin traders with million-dollar balances and they love to throw away the trades in millions.
1358  Economy / Gambling / Re: Duelbits.com |Instant BTC & ETH withdraws | Live Games & Slots! |Rakeback | VIP| on: November 23, 2020, 10:41:48 PM
Congratulations, if my calculation is correct the total multiplier is 17.68. I have bought the bonus feature for 600 coins once in this game because the loss series was too long before hitting big results on the demo version of DOA2. The excellent result anyway, did you choose the third bonus feature which is more volatile?  I always choose the third and the most volatile one but the wild symbols don't appear on reels before the fourth spin Smiley
1359  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: November 23, 2020, 10:06:41 PM
I just screenshot the rocket of crash game, I am not sure how many kinds of the rocket. have you pick favorite rocket where you get a big oneprofit? which one?



My Favorite rocket is number 10.
Interesting to know the design of the rocket changes after hitting a bigger multiplier. I also prefer numbers after 7 Smiley
Although my luck is not good in the crash due to the loss of bankroll after 600 multipliers less than 80x. After that day, I gave up chasing losses in a crash game.
1360  Economy / Trading Discussion / Re: who actually moves the price of bitcoin? on: November 23, 2020, 08:11:35 PM
We can point to a person who did this, not the whales but all of us who are involved in the crypto space.

We are a part of these changes, people never dump their Bitcoin, companies are accumulating more, and whales are in the support. The market price moves high as we all make such inflation. But the question is, how these people keep on holding? It for sure someday one of them will dump their Bitcoin and that it starts people to sell then (panic selling).

I hope I can no longer hear FUD's this time as this is usually the cause of dumps and panic selling.
Big guys buy/sell the BTC in batches and small traders just contribute to the demand/supply. One day the buy order turns out to be a sell limit order or vice versa. The HODL is not always an option and the traders in financial organizations are smart enough not to sell early before the real market trend. This is the key answer to your question, IMO. The sell and buy stop-limit orders can be a life savers of the traders in volatile crypto markets if applied correctly but not all crypto traders have the same level of deep market experience.
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