Bitcoin Forum
May 07, 2024, 07:12:19 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 »
821  Economy / Trading Discussion / Re: Bitcoin's Resilience: Returns to $26K Support Amidst Market Volatility on: September 02, 2023, 08:21:59 PM
During the past week, BTCitcoin witnessed a substantial decrease Sad in its market value, raising concerns among individual investors who may have suffered losses due to the significant market volatility. The price of Bitcoin exhibited fluctuations within a range of approximately 2,700 points, with its highest point for the week hitting $28,176 and its lowest reaching $25,451, eventually stabilizing within a precarious range.

The market is really scary right now to trade, it's full of more of fundamentals and speculations than technical because right now, only the minded traders are opening trade, you can't make money trading spot, it's all loss on losses, nothing solid to make but the futures and perpetual traders are making something out of it. For instance, Gray scale won the case against SEC and the market pump early than we thought and about $1T liquidation happen to short traders and when the ETF got delayed, we had another leg down with losses and win win for longer and shorter.

If you look deeply into the market, traders or moneymakers don't have what they can leverage in the market and that's why they exploring ETF to determine the market and the damage it's causing is affecting people who don't want these big players in crypto in the first place.

Quote
This decline in the value of Bitcoin, intensified by the loss of critical moving averages and the breach of the $27,000 threshold, can be attributed to adverse market sentiment and delays in the approval process for spot Bitcoin Exchange-Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC).

Furthermore, on-chain data reveals an increase in the number of transactions occurring on the BTCitcoin Network, rising from 415,000 to 430,000. While this surge in activity has not had a substantial impact on Bitcoin's price, it has elicited concerns among investors due to the heightened activity amid the ongoing market downturn.

All these data doesn't matter, Bitcoin hash rate can continue to climb higher, but it doesn't change about what people feel about that particular time, even if Elon decide to bring back Bitcoin payment into SpaceX, it will not get attention like the way he had back then when everyone loves him, all this may change in the future or as we progress gradually.
822  Economy / Trading Discussion / Re: Do you expect better, but then impulsively jump into things due to FOMO? on: September 02, 2023, 07:58:44 PM
Hey all, I am new here: I've been reading a lot, and not posting much at first. You have a great place to learn at BCT. When trading crypto do you expect better, from yourself, but then impulsively jump into things due to FOMO? Has anyone reading this ever found a cure? How do you permanently change and naturally be patient? Thanks all.

Technically, trading with aim planned is the best and following that is the best practice because when things fall out of place, it's the same technicalities that will help you out but when you don't have a plan in trading, this is where problems start to  grow. When a trader set a trade after mapping out the trend using the trend line and studying the candle stick and then deviated from such plan, it can lead to what they don't expect. However, this is limited sometimes as plan of trade do change, like when the fundamentals change all of sudden especially when you don't expect it.

That been said but I haven't say the main points. Crypto is move by emotions rather than skills and that's what drive the price of coins; have you asked yourself why meme coins pump madly without anything valuable to show about this coins and tokens, they are hype products and the only thing you need with this coins is to hold instead of trading them, you will gain less when you trade them. This is why you sometimes see people abandoned trading when these give you profits you don't expect, imagine expecting a 10% increase and then you wake up at night only to see 200%, that's insane profits to make you change mind in your initial plan.

Bull run is another aspect that can change ones mind, literally coins pump more during this time with hype, this are one of the things that can make you abandoned trading and turn to full time holder because in trading, profits can be choppy but holding a coin is not stressful and you don't check for of your stop loss is triggered or not.
823  Economy / Trading Discussion / Re: My experience as a beginner trader on: September 01, 2023, 06:33:45 PM
There are no experience mate Grin you lose  as a beginner to become a stronger trader  Smiley so for everyone out there thinking of QUITTING QUITTING is not the option here just keep learning  till you  can say "Gone are those days " Grin

Even the strong trader experience loss many times in their trading life journey, but the beginning of the journey is attributed to losses more. The word Quit isn't something to embrace, only the fear soul quit but there are some situations that you have to quit and change plans, if you don't quit, you will only be adding to the already damage on the ground, that's why stop loss exist, use it very well.

Trading is really difficult, that I wouldn't lie to anyone and I will not sugar coat it but with the right strategy and using paper trading, it helps reduce the exposure of losses. The advantage of using paper trading is that while learning to trade, you are doing it in real time according to how the crypto market is moving unlike demo trading that's doesn't do that, they gives you high hope that you are an expert and then when you try the real life trading, it bounce back on you with heavy loss, paper trading isn't like that, it helps you understand the market in real life, the only thing you don't loss is the money because it's virtual and very helpful for beginners.
824  Economy / Gambling discussion / Re: Importance of Gambling to the society on: September 01, 2023, 06:00:15 PM
In general, gambling is not important for society because basically it will have a negative impact and harm yourself and other people around you, but on the contrary, if a country legalizes gambling, it will actually benefit that country, because of the possible taxes that bookies have to pay to the government.
However, it is different if the gambler is said to be a professional gambler, it is very likely that he always gets lucky or wins and loses a little.

Dont forget that once gambling is legalized in a country, there will be many casinos which means that there will be many new job vacancies to apply. Dont you think it is a benefif for the society?
For me gambling legalization will not only give benefits to the government, but also to the people around to be worker in the casinos.
Some people can even open small business close to the casinos , lets say money changer so foreigner can change their money in the money changer before entering the local casinos.

I think casino are mostly dominated by Asian and other parts of American, maybe because they have this physical casino everywhere and they don't have to deal with insecurities and the revenue generated increase the GDP of those countries but here in Africa, people don't play casino games too much, reason is that they don't know how to play this games and you don't want to bet with something you don't understand. Instead, they prefer sport betting, an average gambler can spend half of his day in any of this physical betting shop just to keep himself from been idle.

Gambling has help the society especially the areas where there have been low employment, they use it as a source of income, try some luck and get the money to take care of the needs and put food on the table. One thing with this group of people that practice gambling for taking care of needs is that once they have started, it's a point of no return. To believe that they love gambling as source of wealth, there are some of them that have used gambling to build houses.

However, the government has made it mandatory for license gambling companies to show prove of their revenues in % of what they have earn and loss. You will be surprised that these betting companies triple their revenue in every quarter, this shows that overall gamblers losses money, only few of them end the quarter with profits, the rest are just doing try and error with nothing to show.
825  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 01, 2023, 12:35:31 PM
It was quite a surprise to see West Ham United coping so well in the English Premier League this season without Declan Rice. After a draw at their first opening game against Bournemouth, they manage to win both matches against Chelsea and Brighton to gain a total of 7 points out of 3 matches played. I think Luton Town should be an easy opponent for West Ham United to handle and I guess it would be another 3 points in the bag for them at the final whistle.

Now with the players they have also signed they will not get regulated if they maintain balance both in the Premier League and Europa League.
The newly promoted Championship clubs are tougher than the clubs.present they will want to impress after a long time visiting the Premier League. Against Chelsea Westham got me by surprised as they ended up winning that game.
Tonight they will get the better of the game against Luton Town it's a good time to gather all these points not when everything finally gets tough.

Luton Town are just pupet that qualified from Championship that made there away to Premier league after many attempts, they will be used to gain 3 points by the big guys, Chelsea has used them to get there 3 points to save their self from the humiliation of defeat syndrome to come to 10th place, West Ham being in good place will use them to gain their point as well. What I find amusing about West ham is the way Moyes improved his attack and midfield. He noticed that Declan departure was going to be a hole in their formation and he added Alvarez to it's defending Midfield and expand attacking Midfielders by Ward prowse and since then, they have become more stronger and play without fear.

West Ham keeping up early in the Premier League is the best thing, if they gather points as early as possible, it will be great and advantage to keep the same energy in Europa, even if they are times comes for difficulty in the Europa leagues, the Premier League will be easy going for them to keep the dream of making the Champions League next season without any doubt.
826  Economy / Gambling discussion / Re: Behaviours of gamblers you dislike. on: September 01, 2023, 12:04:27 PM
What is the one behaviour you noticed in a gambler and  you dislike it? You don't need to have a reason for disliking it but you just do.

As for me I dislike when gamblers complain of their losses, meanwhile you hear them complain when they are getting winnings.

What about you, what do you dislike ?

Gamblers behaviors are subjective and relative to individuals, the way Gambler X will react to winning and lost is going to be different from the way gambler Y will behave because it's inherent of our anxiety. There are people that don't even show anything at all, when they win something big, they will remain silent and when they win something nice for the day, they also remain quiet, that's how they react in every game they play and it's natural to be like that.

A gambler can win a game with big amount that is worth life changing opportunity but will celebrate it with friends, they will not loud it or make it public, what they do is withdraw their money and continue gambling over again. However, any time you they lose a stake or lose in a game, that moment, they become disappointed but will move on the next one.

Another scenario, a gambler may win a good amount of money, they will blow it up that instant without any plan of the next thing, but once they lose a game, thats when you see the blaming the platform or the game been flawed and if it's a player fault, they blame the player for not helping them accomplish their expectations, very ironical that in winning times, they don't exhibit this behaviors.
827  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 01, 2023, 10:08:28 AM
Al Ittihad continue to increase the amount they are offering to Liverpool. But there is still not a positive answer by Liverpool. They just want to keep him for the season. But next summer they might change their mind on this topic. Because Salah will have one year left on his contract and they might not convince Salah for another extension maybe.
Ittihad refuses to give up in getting salah. I do really support this club to get salah as soon as possible. Salah can still go there as there are still enough time for him to decide it.
Salah has been in liverpool since a few years ago. Salah may not feel confidence anymore in extending his contract in liverpool. He must think about his life. He can enjoy his life with what already achieved by him. It's not really bad to play in SPL.

You should checked this conference, I'm also suprised that Klopp denounced Ittihad offered. He just said there has not been any offer from any club, that means nothing serious is going between Salah's agent and Saudi Arabia or maybe Salah has reject the offer and doesn't want to make it public or Liverpool and Salah already had a close door agreement to remain in the club.

Ceferin has debunk connection of Saudi Arabia Pro league joining the Champions League, with this development I wonder if more players will be willing to go to Saudi Arabia. Leaving Europe means they are done got good and their future to play in each of this leagues will not be a thing to see again.
Salah is going to stay in Liverpool for another two years considering his age before going to Saudi Arabia, that's if the offer will come like that again when he is ready.

Quote
Therefore after this season we can really see him signing for a Saudi Arabia team. It would be really sensible for Liverpool to sell him like that while they can make a lot of money from his transfer fee. Saudi Arabia teams are already eager to splurge on these stars.
Ittihad wants to buy Salah from Liverpool, but Liverpool doesn't want to sell him. Ittihad is now trying to convince Salah to ask Liverpool to sell him quickly. Ittiahd is still trying so hard in bringing him to the SPL.
We will see what's gonna be the result of this transfer drama. Will salah stand with his decision to stay in liverpool?
The transfer season will be closed soon and liverpool has no time to buy the new player to replace him.

Klopp has some things going under his sleeve, it will be a wasted effort if he doesn't signed any player now. However, seeing that they don't have any business in the Champions League this season, he might want to wait and observe how his boys are going to perform in the Premier League and then make some changes by January transfer period.
828  Economy / Gambling discussion / Re: Has your Responsible Gambling had any of these Effects on You? on: August 31, 2023, 07:35:56 PM
This is not a case of being addicted to gambling. There are people who are actually in control of their gambling habits or addiction. For instance, they do not gamble beyond their budget; they commit an hour or two to gambling per week or twice per week and strictly adhere to it, among all other things. We have heard and read stories here and out there about how gambling ruins lives, careers, relationships, throws people into debt and more. But my question is, could this be happening to everybody? Has your responsible gambling habit had any positive effects on your relationships with your spouse, kids, parents, and others? Has it improved your finances and helped you stay out of debt? Has it improved your mental health and well being in anyway? Has it been able to help you meet an urgent need? Let's discuss.

I'm not sure if you use this banking apps like Opay and Palmpay, that's the app I used in funding sport bets especially Opay, they have lightening payment.That's the best place I put my gambling funds, I don't combine it with my main account because I know myself that I will go beyond my budget if I live everything on the app, this is how I am able to control way of gambling and it's has always help me responsibly without been in debt.

I don't have number a particular number of time to bet but I do have a budget, once I cross that amount for that day(Saturday, Sundays and sometimes Monday), I don't bet again, this has help me and I don't get addicted to gambling no matter the outcome. I sometimes take break when I win something good for that week to cool off because I have noticed that when I win and I don't take break, the joy of the win makes me take wrong decisions in my next bets and usually, all lead to losses.

Concerning relationship, I'm single and I don't stay with anyone, my decisions, my calls and my girlfriend don't have time about gambling. She doesn't even like sports no casino games, and I don't bet in her presence, so she hardly notice any gambling activity around me.
829  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 31, 2023, 06:14:40 PM
I am obviously not happy aboit this draw due to some certain things. I am a fan of England teams and I have been having a great affection for Newcastle but I am just surprised to see a deadly fixture for them.
PSG
Dortmund
AC Millan
Newcastle
This is not a good draw for a club that first appeared in the Champions League recently. This means that Newcastle might not qualify from the group stage of this year's Champions league. Just sad

Looking at the group stages from A to H, there is no better place to fit Newcastle other than group B, I'm more than happy Seeing Arsenal among minority teams like Sevilla, PSV and Lens. The only treat to Arsenal is Sevilla and I think it was done on purpose because over the years, it has always been difficult for Arsenal to beat Sevilla but this time could be a better chance to the last fight they had on emirates cup, Arsenal will definitely live the group stage with or without any worries, these teams are not going to do any damage.

Looking more on F, I don't know lol what Fifa was thinking but I am certain that PSG will live the group stage, I'm not sure about Milan but it's going to be a tight schedule between Newcastle and Dortmund, the struggle is going to be extra because those two want the Champions League than any other teams in that group stage.

It would have been better if they do a little combination of some big teams vs big teams but with this draft, minor clubs will find it difficult to make it to knockout stage especially team in group A and group C, Napoli Real Madrid is not staying behind in that group stage, they are going to knockout stage either by force or by luck.
830  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 31, 2023, 05:35:07 PM
Easy, they're Manchester City, Arsenal, Liverpool and Manchester United.

Chelsea will not able to finish in the top four because Nkunku suffer long term injury and there are many players are currently injured too. I think it's already a big achievement if Chelsea can finish in 7th position because they're not that good.

West Ham, Newcastle, and Tottenham might look convincing, but they're not able to maintain their good performance for long term.

Its very early to use only round 3 match to predict where the teams and who will finish in the top of the league and I'm not sure why you did  not included Tottenham Spur from your top 4, they hare ahead of Mahdester united by 1 point and currently sit on number 3 in the standing, the goals they have conceded in 3 of their matches is twice less than what Manchester United has conceded but you think 3 matches shows you the vision of top 4 standing, i don't agree with your call my friend.

Nkunku is not the only player why Chelsea will not make the top 4, a single player will not have so much effect to draw them back, the only problem of Chelsea is that they are yet to blend together, more than half of that squad are all new to the club, they are good or even if the result is not good now, they will do better with time. If Chelsea doesn't make the top 4, West Ham or Tottenham will make it because the two teams sold the face of the club(Kane and Rice) but their early matches shows confidence.

After a thrilling week, Liverpool will be Aston Villa this week. What they achieved against Newcastle should be more motivation for them in this match. Aston Villa is not an easy opponent for them to beat. They can win 2 wins and one defeat, and the defeat they achieved against Newcastle and they lost with a landslide score.
If we talk about logic, then Liverpool should be able to beat ASton Villa too because they can beat Newcastle. But football does not always prioritize logic, here there are things that we might not have expected before.

Van dijk will be absent from that match which makes them more vulnerable, he is one the best defenders that other club fear the most and will not be playing in this match. However, even if they have been having good winning streak, they lost to Newcastle that Liverpool beat in there last match, this could also be an advantage to boost confidence for Liverpool to trash them in the match, this is an easy win to get 3 points if Liverpool use it very well.
831  Economy / Gambling discussion / Re: Will the transfers to the Saudi league become a problem for European football? on: August 31, 2023, 05:13:28 PM
Money is everything for these players; this is not the historical era of football, when players played for their passion of the game; alternatively, it is the contemporary era, where players play for the enormous payments they receive. This summer, the Saudi Pro League is bringing in substantial and famous big names. It's more like shifting your concentration from the impending league to the realm of popularity league. They emerged into the enormous space of European football when they first signed Cristiano Ronaldo, an established player in Europe; this maneuver was advantageous for them because his presence created additional opportunities for bringing in good European players with minimal efforts to date.

There are other players that value dignity over money and that was what Messi did when he was offered a whooping deal of $500m per season to come to Saudi Arabia, 2 years deal could go to $1B but man turn down the deal, today he would have been the highest paid player in the word, even Ronaldo didn't have that high value, Mbape didn't come close, they knew how valuable Messi and used money to attract him but he humbly refuse but instead went to Inter Miami, the worst team in MLS with $150M for 2 and half years with a share from the club, aside from been the greatest player, he also won people's heart for been humble.

The players that are going there shouldn't be blame, who see money and ignore it for the passion you have, I just think that Saudi Arabia are over stretching deals in other to capture the players but there is nothing wrong in players decisions though, Ronaldinho, Ronaldo, and Drogba era were ballistic but the pays weren't great like that but yet they played, won Balon D'or and World cup but players like Mbape had fame when they are little and have enjoyed the privilege of European clubs, now that Saudia Arabia has step up their game, I don't see it as bad idea for players to earn money, passion and money goes together.

In addition, inflation has affected all price of items, players are not excluded, the amount players were been sold last season are different from now, if they don't increase these payments, the interest will not come from the players and Saudi knows that having this money on the table is the only way they can push the agenda of bringing those players to Saudi Arabia.
832  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 31, 2023, 04:56:37 PM
After watching Cucurella's performance against Wimbledon yesterday, Manchester United are cooling their interest in the player, despite having submitted a loan proposal. They are now turning their attention to Sergio Reguilon, especially as Marcos Alonso is unwilling to leave Spain.

Do Manchester United have any choice? Chelsea already sealed the deal of getting him in the squad, I don't think Pochettino will entertain any loan deal to give out what they fought to have from Brighton, Manchester United want a contract that could be terminate January but Chelsea don't want that, Cucurella performance in Chelsea against Wimbledon was more than average, he is worth more than what Manchester United is bringing to the table. It's better Manchester go for Sergio Regulion, the defender loan deal in Tottenham has expired, if the club is not willing to put him back to the team, pushing the loan deal will be accepted without rejection considering the name of the club and the merit he is going to have it accepted.

I don't know why Manchester united is yet to process Maguire deal, West ham was piss off with their non cooperation and process Rice money to other players. The more I look into Hary Maguire in Old Trafford, the more I think it's turning to political force because why keep a man that is not generating nothing but attention from people, it's better they loan him out instead benching and doing nothing.

At the moment João Félix is only dreaming of playing for Barcelona, which he ones said that they've been his drean club and he'll really want to play for the club, but the problem with Barcelona is the financial crisis and currently holding the club if not xavi would really love to have him in the club he'll make a good addiction to the squad depth and easily get into the starting 11 making a good replacement for Dembelé.
 But i believe if they don't end up getting him today, then he'll likely move to the Epl before the window ends tonight, probably return back to Chelsea where he was loaned last season, he performed well in the team despite their poor form and now they have a better coach in think it would be lovely to watch him play under Pochettino who's a better coach with more experience than the previous ones after Tuchel.

This is like what you want doesn't want you at the moment, Barcelona is having issues with finances but deep down, if they want to signed Joao Felix, it's will take them few days to that, the club is not interested in the player and even if they are, Atletico Madrid might not be ready to let go of the loan deal cash flow they are having from the player and the fact that his Chelsea transfer wasn't a successful one will reduce his value in the market transfer.
833  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 30, 2023, 10:12:39 PM
You know Nkunku is out until November after a serious injury. He will miss nearly the whole first half of the season. In the meantime Chelsea have been using Nicolas Jackson in his place. However there is still no other striker who can be relied on in the substitutes now. Because of that Chelsea are still rumoured to have the possibility to sign another striker.

This depends on the kind of formation Pochettino used for the match, when Chelsea had their R3 match against Luton town, he used only 2 Midfielders with formation of 3421 and Nicolas Jackson played as a striker but today in the EFL, he didn't start but was later substitute as midfielder. But Chelsea need a constant good striker they can depend to play the role of striker without having to switch up players there is no need, because they will be playing try and error and at the end, nothing serious will come out for the team.

Quote
The most recent rumour is Ivan Toney. However what are they planning to do with him now? If you don't know he has got a suspension from playing professional football for 8 months. Because he was detected to be making illegal bets. He will barely be able to be back by mid January and he will need to gain match fitness for a while as well. There is no meaning in Chelsea's signing him now.

I'm not sure too why this move or it could be that it may just be a mere speculations from people without real thing going underneath, Tony is also fined $62k which to me, I think it doesn't make so much sence after been sentenced for matches till next year. Chelsea might have more options than what was been discussed online as we saw them buy Cole Palmer from Manchester City without making noise.
834  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 30, 2023, 09:44:09 PM
It is very risky for Liverpool to lose Mohamed Salah because he is not like his former team-mates like Firminho or Mane and Mohamed Salah is still in his best form so his contribution is still very much needed for Liverpool. Even if Mohamed Salah leaves for a Saudi league team, it will only prevent Liverpool from achieving their initial target of being able to compete in the top 4 again. Mohamed Salah's role is more important than any other player at the club and Jurgen Kloop must be able to persuade him to stay at least until this season before Jurgen Kloop finds a suitable replacement for him.
Seeing how Sadio Mané's absence from the club has been felt by the Liverpool team so far, and if we talk about Mohamed Salah's departure from Liverpool, I do think it will greatly affect the entire Liverpool team's performance because it is almost like the team was built or structured around Mo. Salah since his arrival at Anfield. But the management of Liverpool should ensure that they make a good replacement for him before letting him go; hence they may experience another setback this season.

I had to go through Liverpool portfolio to see their all time scorers and I was surprised that Salah didn't make it among top 3, he is currently around top 5. That was because of low effort he had last season and they will not be making it to the Champions League, many of that goals where Mane contributions, so you see how important Mane was t Liverpool, it wasn't to the club only but also to the players. If he is around till today, it will only take a season to achieve 4th place I believe because everything fell apart when he left but Klopp is acting as if he wasn't important.

If Salah were to live the club today, they will feel that pressure not only from the people but other teams will see them as weak vessels and will play offensive matches against them which successful rate will be high on Liverpool. Salah is built differently and I can testify to this that if he have the time Kane did in Tottenham like that in Liverpool, he will become faves of Liverpool with good honor.

Which player are they going to bring to Liverpool right now that is going to liberate them and take them to Champions League, they are already making good points but not as great like Manchester City are doing, the win look more like luck and not everyday luck comes by around.
835  Economy / Gambling discussion / Re: Constant wins in the casino for several days, then constant losses. Noticed?! on: August 30, 2023, 09:16:00 PM
Playing for many years, I observe a certain series of wins and losses. It looks like it every time! Also in casino chats, a lot of people talk about it.

Most of the time the casino takes the money. But when the winning session comes, on this day many slots give you a solid win, it is impossible to lose. This successful session can last several days.
As soon as this ends, absolutely all slots begin to take money.

How do you win and lose?

I haven't noticed or I haven't been lucky to have constant win of the casinos but here is the catch, casino are basically win or lose, you can't win all the time and you can't lose all the time as well if you play your cards well, what I will say about this constant win is perhaps because I don't play it consistent to noticed it but I think it's should be a glitch, casino wouldn't let you win consistently, if they do, they might think one is using some kind of special software to cheat and your account might be block. For the loss, I think they are trying to recover their losses from the game you have won.

I have seen cases of reported user with similar behavior, ones the casino found out that you have this on your bet history, you may likely face some problems in the future and they may think you win but the funny thing about this is that, when u lose, they wouldn't complain, they feel that's the perfect system and that's how it should work, you play and win small amount and lose everything later.
836  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: August 30, 2023, 08:49:09 PM
Gambling sites should be the last option when it comes to saving money online. I would even prefer to keep my money in a local bank that is regulated by the Central Bank of my country. This is because local banks are regulated by the central banks and customers can receive back their deposit if they have any problem. But these casinos are registered in countries that are far from me and I might not be able to sue them if they infringe my rights.

Many casinos tend to change their terms or services regularly and this can affect you if you want to withdraw your funds. They might start asking for more complicated KYC which might be dangerous to expose. I don't think you should ever trust a centralized firm with your funds. The best decision is to keep little funds that you can afford to lose. Casino accounts are not designed to save funds but to keep projected bets. If you want to save money, the best option will always be to keep Bitcoin in a decentralized wallet.

Central Banks protect the commercial banks like liquidity locking and making sure that other banks have part of their reserves under them so that when bankruptcy should happen, it will be easy to have back up for customers, this is what casinos don't have, they don't have centralized or decentralized body that protect th customers from future uncertainty, that's why casino isn't a better place to live your money, some of them aren't even license with some countries and when the company fold up, the government will not be able to help you recover anything because they didn't even have their company register.

Many customers also don't try to read those terms and agreement in there website, and when calamity befall any casino, they cry for justice but meanwhile, they are the ones who failed to read the terms and conditions of the casino, I will never support the idea of saving money in Casino or banks, withdraw them in crypto and move them to external wallet where you can see and protect them.
837  Economy / Economics / Re: It's good that financial instutions Understood that they need to use crypto on: August 27, 2023, 12:58:41 PM
Yes paypal use crypto but instead of eth many users was expecting the TRON blockchain its faster cheaper and more used.
Eth transactions still too expensive i hope they start use TRON soon

It's not about the fast transaction speed and effective cost, they considered 100% security over anything other elements of the chain. Tron is very fast in transaction and less expensive in terms of transaction fee but the security guard in Ethereum beat any altcoins that we have. Even Tether had more stable coins on Ethereum chain than other chains despite having lower fees. What they did was to only deployed only a fraction of USDT into other chains just to carry them along and also make usdt popular in other place in other to reduce domination of other stablecoins.

I think for now, PayPal will remain on Ethereum chain but with more demands from their customers, they will support other chains like the Arbitrum, Solana, Binance smart chain and other fast layer 1 and 2 blockhains that we have available.
838  Economy / Economics / Re: India just bought 1 million barrels of oil using rupees instead of USD on: August 27, 2023, 12:18:36 PM
The USD will not lose sleep over this, it's not a big deal. I saw this headline about 2 weeks ago, more so, the amount we are talking about is very small, and the terms and agreements that are attached to it are very much hidden. It's not the first time countries have had a bilateral agreement, however, one party pushes it for desperate reasons, and this desperation often, in turn, causes them to cheat themselves during negotiation.

We should also note that such like this is still a test of an outcome, it could work for them or not, and it's not the first time countries have tried such. It's a way to strengthen currency relevance between states, and economic and bilateral relationships between them as well.

Nonetheless, it has nothing to do with the USD dollar recognition or dominance whatsoever and the USD index will not even feel that anything happened. It has rather been strengthened since July, even amidst the transaction.

Over dependency kills faster than we think, we can't be like this forever and this might started like revolution of de-dollarization, if other countries follow the same, it will have more more effect on USD as countries will only strengthen their own currency instead of USD. It's all about how good the relationships have been, this will continue if the bonds are becoming weak everyday.

However, this would have been more better if they are the one that sold the barrel and it was deal on Rupees, it will means the country currency will appreciate and other companies that are working in India will have no choice but to do the same, they will source for rupees and indirectly gives more value in the country. Though, that's if the citizens are not over dependent on USD to import goods in the country.
839  Alternate cryptocurrencies / Altcoin Discussion / Re: Privacy coins on: August 27, 2023, 12:00:09 PM
What do you believe to be the best privacy coins (excluding Monero) ?

P.S: I'm not asking for financial advise and I'm not looking for the next 100x, it's about the level of reliability and safety those coins can offer.


The founder of Monero sat down and think for a minute before that architecture of privacy was formulated and till today, there is no any coin that is proven to be so privacy like Monero with ticker name XMR, perhaps there is one around the market that weren't aware for now but there is none for now. If you are want privacy so much and your country don't go against using it, I will advise you to go got XMR for good and maximum privacy.

If you are searching for a privacy coin that will 100x, I will be surprised if you see anyone because many countries are restricting transaction of privacy coins, they fear that people are going too deeply and for the fact that hidden things contribute to criminalities, they don't want their people to invest in such coin. So, I don't think there is any privacy coin that will give you such return, they don't have hype like other coins in the market.

Why not try some other good tokens instead of privacy coins since you are investing to resale them in the future and not any use case. We have other coins that can give you more than what privacy coins will give you when it comes to ROI than the use case.
840  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you gained anything after the end of bull run? on: August 26, 2023, 08:41:32 PM
Last bull run was 2021 and after that, altcoins price dumped a lot. In 2022, we noticed a little pump and in this year 2023, altcoins pumped a lot, if compare altcoins price chart after end of bull run.           So have you able to gained anything after the end of last bull run? Or last bull run makes you dumped and you are still trying to regain what you have lost?

If there is anything meaningful that I have learn from the last bull run, I will say it's meme coins, runaway from coins that have no product or use case because it will be about speculations and speculations, nothing to build it for, I would rather have an erc shit coin than stay married meme coins. Meme coins were man made disaster that made many people made money but almost everyone who were interested lost money in them because the investors don't see them without buying whether they are good or not, it's all a the profit.

Another thing I learned from the last bull run is believing them, any project that did not build it's during bear market is not a good project. The building should be around before the bull run and have things running by the dev but people will just sit down and arrange one or two and create something silly with and expect people to invest and when the market becomes tough, they exit the market and some even runaway with the raise capital.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!