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1201  Economy / Gambling discussion / Re: Curacao license scam on: April 21, 2021, 10:19:54 AM
~snip~
They are scam or not? Can we play safe  and withdrawal our winnings or not?

What do you think about?
I guess there are safe since they are regulated.
Curacao License isn’t a scam, it’s just that it is the easiest place you can get your license done by simply passing papers and paying fees. This has been tackled since day one. Having a Curacao License doesn’t tell that a gambling platform is a scam as well. It still depends on the operator if they would want to scam.

But honestly, the gambling sites that have shrunk out of nowhere and scammed people were the platforms on which they lack knowledge in the gambling process and they lose, they had no choice but to shut down as they can't meet the operation expenses already.
1202  Other / Politics & Society / Re: Who’s more powerful? The players, Fans or Clubs on: April 21, 2021, 09:59:44 AM
For me, players are the most powerful among the three, why? It is very simple. Clubs can't be established or built if they don’t have the players who would commit themselves to become the best which will become entertaining to the fans due to their great results.

Fans will never be there and become amazed and support the players if players are lame and mediocre. Being a great play takes a lot of effort, money, sweat, tears, rejections, and blood. And those sacrifices have to be recognized and recognized. But the three groups are very much important to keep the sport running. One of them being missed, the league will shut down for sure. That’s for sure I guess.
1203  Economy / Trading Discussion / Re: UNREALIZED PROFIT IS NOT YET YOUR OWN on: April 19, 2021, 08:58:25 PM
I guess, 99% of the people will experience selling loss because of their stupid decisions influences by impulsiveness, greed, and FOMO. But I also think that we don’t need to warn them as they already knew it. They just had to try. They just had to experience it by themselves to learn and grow.

In fact, if they really want to pursue their career in trading and become successful, they will definitely learn from their experience and still keep going. If not, then I guess trading is not for them. They had to back to their day job instead. Trading is a simple way of business. You had to be emotionally strong to become successful. And that takes a lot of experience and lessons to be learned.
1204  Economy / Economics / Re: The total value of the crypto currency market is near $2 trillion on: April 19, 2021, 08:39:53 PM
Market cap is never the metric you have to consider if you’re looking for the valuation of an asset.
Market capitalization is way different than the real valuation of the entire cryptocurrency ecosystem.

Before when Cryptocurrency’s market capitalization was only around $1m, we tried to do our best to see that real valuation of the market. However, it was very hard back then. But we were able to come up with an established result that the valuation of the cryptocurrency (possibly) was only 20% of $1m which is $200,000.00. And still, we were happy with the result as we all know that Bitcoin almost came from nothing. 

But this was before more than thousands of cryptocurrencies or altcoin became involved so I find it hard to apply the same principle. But if we did, the possible valuation of the entire market is now at blinking $40Billion and this is enough to be considered as a success.
1205  Other / Off-topic / Re: European Super League on: April 19, 2021, 07:57:35 PM
Is this it? I don’t really find it the football leagues that I respect and admire just as before. It’s already different and it seems like the standard is becoming lower and lower. Besides this, this is becoming overwhelming to the fans. Having a lot of leagues is really overwhelming and honestly, we might be done.

Keeping Europa League and FIFA is more than enough to keep the sports running well and the fans stay happy, entertained, and amazed. So I would suggest for them to pause their plan about this super league stuff. It’s too obvious to be done.
1206  Economy / Speculation / Re: Bitcoin is falling down. Is it the end for it? on: April 18, 2021, 08:56:09 PM
Because there's no unlimited growth of bitcoin price, after a bull trend there should always be a correction on the price. This was already done by bitcoin price so many times, there's a resistance, and there a correction. Expectedly that there's a huge drop because we recently achieved the price ATH and it will I guess refueling again and it back to pump the price possible by next month.

There's nothing to worry about here if you really know how the bitcoin price will move, and this correction now is very normal and it doesn't mean the rally was ended. Just keep holding and never do panic at all time.
1207  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: April 17, 2021, 11:56:12 AM
ETH and the bsc are altcoins that both have very good prospects, even though ETH is above the BSC but the reality in today's market is that many crypto traders have switched to the bsc because of the fees are very low compared to the etherem, I am a sure if the etherem does not solve this matter the BSC will take over the crypto transactions as whole,
Both altcoins but ethereum will still be considered as a king of all altcoins that next behind of bitcoin.
But the problem of this ethereum for now that makes people get hurt their ass is the terrible gas fee, but it doesn't mean people are now losing interest in ethereum, in fact, many of them treat ethereum like bitcoin as a storing of value that someday ethereum will almost the same value of bitcoin.

I guess, for now, the most trending is BSC because most traders are preferred with the lowest fee.
1208  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Doegecoin As a Joke? on: April 17, 2021, 11:51:22 AM
Dogecoin is literally come from a joke cryptocurrency, it's an internet doge meme and it is originally from a Shiba Inu dog talking in Comic Sans font.
And this coin becomes popular when everyone talking about the meme of a dog that becomes viral in memes and even in comics font.

There are too many gambling sites that accept dogecoin and it becomes promising when also Elon Musk tweeted this recently.
And now, from being fun meme becomes you rich.
1209  Economy / Gambling discussion / Re: What are the biggest competitive eSports? Do you ever place eSport bets? on: April 17, 2021, 10:43:13 AM
There are two eSports games that we’ve been eyeing. But for now, I’d like to share how much money I have spent placing bets in League of Legends.

I was 19 when I started to place bets in the sportsbook. The problem is, I was very impulsive and also biased. I only place bets in the teams where I have my emotions devoted. Like if I am inspired by the team, I would go and trust them. But most of the time it doesn’t really work.

I became broke because of it. But then I realized that you can actually place bets on a team with the highest potential to win. And that’s the time that I have committed myself to study their abilities.

Going back, we are currently eyeing Wildfrift and Valorant to be the next Esports with highly competitive gaming/match. Those are the best to include in a sportsbook.
1210  Economy / Gambling discussion / Re: UFC Fight Night & Main Event: Sportsbet.io Predictions & discussion on: April 17, 2021, 10:12:07 AM
I just wanted to share that we have a community that fans of UFC. And since last week, they have been talking about these three championship matches. The majority of the member are supporters of Usman Kamaru and they don’t really see the chance of Masvidal winning and take over the title.

People will always tell, this guy is on a different level. He is a true warrior and that’s because of his hard work on how he built himself to become the fighter he is now.
1211  Economy / Gambling discussion / Re: An obvious rigging of Sports. on: April 17, 2021, 09:58:36 AM
Very obvious that they try to manipulate the result of the game. They will I guess be great players but they aren’t really that good at faking or manipulating. It is very obvious when you watch the youtube video, you can see how these stupid players think that they can manipulate the result of the game that way. Like what the hell was that?

We had to accept that sometimes, manipulation is actually happening especially since money is involved in sports because of sportsbooks and p2p high-end bets. But executing it this way is a ruin.
1212  Economy / Gambling discussion / Re: What is the best Sport to bet on ? on: April 16, 2021, 08:44:30 PM
This could depend on which country you live in, if in your country the most popular is football, it could be the best sports game for you is related to football and you don't have an interest in basketball. If you were to place a bet on sports games just choose those kinds of games that you already know because I guess you also knew their weakness and possibly the injured p[layer from the team.

E-sports now has been most gamblers want to bet since physical games were suspended due to the pandemic and everything was made on E-sports. I guess you may also consider that.
1213  Economy / Economics / Re: Bitcoin are playing with the big boys and cleaning their energy footprint on: April 16, 2021, 08:19:11 PM
My goodness!
Never imagined that this will happen. A public exchange within a public exchange? That is like unlimited funds, unlimited financial instruments for coin base. Never though Coinbase can pull it up like this. I hope this will proceed to the next level which is being consistent and having a promising stock value per share.

I was eyeing for Coinbase since their early days but I really never expected for them to be listed in a very much reputable public stock exchange! That was very impossible back then. I will be waiting for their Initial Public Offering soon and anyone here has strategies they could share?
1214  Bitcoin / Bitcoin Discussion / Re: Bitcoin is private and decentralized, ok but what if someone dies? on: April 15, 2021, 04:42:38 PM
If that happens, or if someone died with possession of bitcoin, it is just luck if he was able to leave his private keys (mostly hard drives) so he can pass his wealth to his family. Unfortunately, I never heard of companies with services with these types of concerns. Haven’t seen any insurance company that is focused on cryptocurrency. Also, a trustee firm where we can file our last will so just in case we die, our family could claim our wealth.

I'm actually hoping that someone will establish the said service. It’s just that right now, it’s not yet very much feasible. Let’s just wait for bitcoin to be massively accepted then we will see these services being offered.
1215  Economy / Gambling discussion / Re: Ibrahimovic under FIFA and UEFA investigation on: April 15, 2021, 04:04:07 PM
I really feel bad about Zlatan. He is a good player indeed but being a good player isn’t enough. He is I guess to be one of the greatest players in Football but never in business and legalities. I don’t know why he didn’t just choose the usual path the players are taking. Owning stocks from different companies in a different name. In this way, it’s not just he can hide his name to secure his career, he can also reduce his taxes.
 
Well I guess, if in case he has been suspended he has enough funds to up his career. Like he can shift from being a player to owning a team and him being the coach. That would be a win-win for him if in case!
However, he is too young to be suspended or not being able to play. If found guilty, I guess he doesn’t have a choice.
1216  Economy / Gambling discussion / Re: [Boxing] Ryan Garcia vs Javier Fortuna WBC interim lightweight Title on: April 15, 2021, 03:34:54 PM
To honest and dont offend those Garcia supporters but I don’t really like Ryan Garcia, he’s too young but his ego is too much for his age. He’s been spending his time training and making vlogs but every time I watch, I cringe. You can always feel how arrogant this guy is.

On the other hand, I’m not that familiar with Javier Fortuna. Never watched even a single of his match. But he looks capable of winning.

But technically, Ryan Garcia’s fighting style is actually good. So I would place my side with him for now. It’s just that, him showing off is attracting bad luck to his career. But we will see.
1217  Economy / Gambling discussion / Re: Do I need to pay Tax on my Crypto Gambling Winnings? A guide on: April 15, 2021, 03:05:18 PM
It is only fair that you pay a portion of tax of your gambling winnings as tax, be it crypto or fiat. Although I can tell that most of us in here are fond of gambling in crypto because it's convenient, and not a lot of countries imposed regulations so practically you don't have to pay for taxes at all. Although of course as crypto is becoming more and more accepted by the planet, this will change in the future. So expect that in the future, gambling winnings may receive deduction for taxation and alike.
Paying tax came from the amount that you have win in gambling i guess will be a responsible if the gambling establishments or gambling firm where you have win was accredited or being legally operated by the permit of the government but there are are some gambling establishments which are not properly coordinated with the government. So, omce you have win in these type of gambling firm then paying tax after you win wasn't required.
Exactly and yes do pay tax.
And based on the calibrated tax code globally, cryptocurrency holders must pay asset taxes. There is a designated code for cryptocurrency. Every transaction has to be tracked and also secured to avoid any penalties and possible lawsuits from tax evasions.

But you do not need to worry, because you’re only gonna be taxed with your gains or profits, not anytime you transact with cryptocurrencies. So if I were you, I would simply comply and enjoy my winnings, give a chunk to the government because that is what they are.
1218  Economy / Economics / Re: Do you believe history repeat itself? Economic wise. on: April 14, 2021, 12:04:47 PM
High inflation driving everybody insane. The guy who is running out of money to keep up with the expenditure are pushing themselve to gambling their cash on everything possible, stock market, crypto, commodity. The cycle can be seen in years of the past. It’s not a untold story.
Food price is surely soaring. Some items in the online store soaring in price too, can’t you ignore it wouldn’t impact your daily routine, the inflation drag everybody down into the rabbit hole, no one can escape this chaos.
It isn't untold not because we did not focus on it. But it was untold because it was common. Impulsive people tend to find shortcuts alternative to keep or win. That’s why they try to risk it when it is not logical anymore.

These people are impulsive and don’t want to suffer. Well in fact all of the success requires a great amount of work, these people just don’t want to give a damn. And as a result, they go down more than they could have if they stayed on their grounds.

I guess we have the power to avoid the same experience if we learn how to be patient and focused. These are the things to make things run consistently. No hacks, no easy ways. This is the sacrifice we had to take in order to win.
1219  Economy / Economics / Re: Can the government hijack Bitcoin? on: April 14, 2021, 11:43:45 AM
I don’t think Hijack is the best term to use for this. I guess the best term is to take over.
And if that’s the case, the answer is yes. Governments can take over or remove the effect of bitcoin as long as they find a very good reason to do so. But still, that depends if they can benefit from it or not.

There was a theory that the people who founded Bitcoin has an agenda to remove currency as a medium of exchange. It said that they find currency as stupid and manipulative that’s why they had to do something about it.

In the theory, it says that once Bitcoin has been accepted by the world, it will have vanished. Resulting in worldwide recession and an alternative medium of exchange.
1220  Economy / Gambling discussion / Re: BTC price VS gambling on: April 14, 2021, 10:35:29 AM
That's why on these days, most casinos should add up some altcoin option for their users to have a choice which altcoin that has a cheap fee to be deposited.
Exactly.
It is more convenient and wise to convert Bitcoin to coins before moving it to gambling platforms. And most of my bitcoins I had to use are being converted to altcoins since the fees are very much expensive. It is a pain in the ass (sorry for the language).

Withdrawals and deposits are a luxury in Bitcoin right now. And I don’t think people consider it as an option for now.

Welcome to the alt season! Honestly, I’m currently enjoying altcoins in the market. Specially XRP. Anytime I had to satisfy my cravings in gambling. I have my altcoins ready to be moved out to the Gambling Platforms. And there you go, fees waved.
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