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June 14, 2021, 10:14:21 AM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Best place for staking or yield farming on: Today at 05:43:38 AM
By far the best place is pancakeswap, its seriously built for exactly this reason. I have never seen any place as great as pancakeswap for something like this. Sure uniswap and sushi and many others were there but pancakeswap is by far the best place, it is really an amazing place

I believe there is a good reason why people keep buying cake as well, normally I think you do not have to buy cake to participate, for example you could just do bnb-busd and get cake and sell it and that could be your profit, if you believe that bnb price will go up, and if you live in a nation where dollar is strong, you will make a profit just by holding them, but this way you are also profiting from holding them as well, its marvelous and incredible. Plus cake could go up which it does as well and that way you will make a great profit that way too it is really a perfect place.
2  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 12, 2021, 08:07:25 AM
If you choose to play all your premium spins at once it doesn't show you the wheel. It is just a chart with all the prizes except the Amazon GC, iPhone, and Rolex. Although the odds are extremely low, I've also wondered why those top prizes are not included. It should be possible to win them because it is provably fair but how would I know if I did win one of those prizes?
The odds being higher would have mean that freebitcoin would have to give people rolex everyday all day. Think about it this way, you could get as much as ... 16 right? Well that means we are talking about 16 spins for each person with about over a thousand people, that is over 16 thousand rolls per day at max, and probably less because there hasn't been enough time but there will be a moment when tens of thousands of wheels will happen PER DAY, that is why it is low odds because in other case freebitco.in would have to give hundreds of rolex's per day and that just doesn't make sense financially.

This is why there is a low odd so that they would have a few at worst case for them (unless people all get lucky on same day) and that makes sense since it is a whole new thing and a few rolex would not bankrupt here, but hundreds of them per day certainly would hurt a ton.
3  Economy / Gambling / Re: Roobet.com | Cryptoís Fastest Growing Casino on: June 12, 2021, 07:21:31 AM
During my time in the Bustadice campaign I got to know (and love Wink ) the "Slow Withdraw" at Bustadice. Instead of an instant withdraw, you could choose a withdraw that could last up to 24 hours. Bustadice collected all withdrawals and transferred them in one batch, which made the fees much cheaper (5-10x cheaper).

Maybe such a system would also make sense at Roobet, as a user you only have the problem of having to wait a little longer for your valuable coins.
If they can wait for long enough to cover the fees issue than it would be much easy.But most players who want to withdraw their profits usually pays high fees to confirm the transactions which automatically increases the current fees and all have to make that fees in order to confirm their transaction.But yes it is good idea if the casino clears all the transactions in one batch to different address making fees relatively low and solving the fees problem for small olayeriad well.But nobody want to wait because it can take longer than 24 hours also and we need to have patience for that which many lacks.
Having some sort of dynamic fee is also a very good thing when we are talking about a profit for the gamblers as well, but because sometimes it is higher people do complain about it. If roobet made it a set fix price then you would have to pay that even when mempool is open and empty, which means roobet would profit from you paying that much and when it is very expensive you would profit while casino makes a loss just from people withdrawing which is like why would a business do that? So at the end of the day when it is dynamic it is better because that allows the price to change based on mempool and sometimes you get high and sometimes you get low and that way you continue to gamble without worrying that you would lose a certain amount just to withdraw.

I personally still prefer dynamic because I know that I am not getting screwed on the withdrawal fee's that way.
4  Economy / Economics / Re: Why is bitcoin (crypto) worth anything at all?? on: June 12, 2021, 04:30:27 AM
The weird thing is, we could say this for all currencies in it is reality. Sure we are not saying it because there are federal banks and governments provide some sort of "promise" that it worths something, but really do they? I mean think about it, at the end of the day dollar is something USA government tells us to use and that's it, that is the only thing that makes sense for people to use it, if everyone got together and said that "we no longer believe dollar has any value" we could do that, it would become zero over night, we are not doing that just because one government promises us, that's it.

This is why I believe bitcoin has a value and will always have a value because people say so, there is nobody that promises a value to it, we put that value in bitcoin and we promise each other and we see the value change every day constantly as well.
5  Economy / Economics / Re: Trump regrets not banning twitter as he hails Nigerian government for doing so on: June 11, 2021, 08:38:22 PM
I am not entirely sure if Trump really cares about losing the election as much as he cares about being banned from twitter. Honestly twitter was a place where he could do whatever he wants and say whatever he wants and gets a ton of love from people, or even hate but he was always in the news and he was always getting attention and as a narcissistic person it was always known that he loves to get fans or haters but at least some attention.

Being president was a ton of work and he may not like that, dude had so much responsibility during his presidential years, I personally would love to be a president but I know that I would also would love to get rid of being president as soon as I became one, he probably feels the same way, like a weight is lifted off his back. However twitter was something else, he could do that while in the toilet, it wasn't work, he said whatever he wants and got love, so I think he might be more upset about twitter ban then presidential loss.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your favorite NFT? on: June 11, 2021, 08:12:50 PM
I still believe that my favorite is yet to come. NFT right now is useless, people buy them and hold them with the hopes of selling for more later. Now there are NFT projects with a use case, where you can either increase your profit, or you can fight them or whatever but in the end we are talking about something that is not profitable to keep doing, people rather profit by buying and holding and selling it later on. Most NFT's became less valuable than the gas fee which is the biggest problem those projects have.

One day there will be a project with NFT where you use it and everyone will go crazh over it, when the community wants to USE your NFT then you really hit the jackpot and in that case the token price will go super high because if you can use it then you won't sell it and that will make the price go up a ton in the end. I know it will happen, it just needs some more time for someone very talented to do that.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Too blind to see on: June 11, 2021, 06:49:42 PM
Well, we do not know if you are wrong or not. Nobody knows what is going to happen because if we did we would be acting accordingly. I always say this when people talk about the future price potential "if you KNOW what can happen, sell everything you have including your clothes, have ZERO possession and sell them all and long/short bitcoin with 100x leverage and you can be richer than you ever dreamed of and will never have to work again", why do people do not do that? Because nobody really knows what bitcoin will do.

Maybe you are right, maybe price will go down even more, maybe we will not recover, or maybe we will not do that bad, maybe we will go back up to over 40k and stay there, I really do not know what will happen because I just do not have any idea at all on what is going to happen. Act as if you know, get ready as if you have no idea.
8  Economy / Gambling / Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊 on: June 11, 2021, 06:22:43 PM
Just what I meant, every stupid unnecessary casino game gets announced, but important VIP stuff doesn't.

Great way to treat your customers!
I wouldn't be so harsh towards them because new games are important as well, they are not unnecessary games they are actually something very valuable to any casino because the more games you have for people to gamble means the more reasons to gamble in a place and that is why I think they should announce these things and add more and more games (and hopefully more sports as well for the book).

However I do agree about the VIP stuff, the lackluster PR stake has became a kind of a big deal in the recent months, I have talked about how they are focusing on whales multiple times but people ignored and the more we ignore the more they will focus on whales and forget about us, hell even the low level VIP is getting screwed these days. Basically they should announce games but they should not change anything for VIP neither, so I agree with half of your statement and disagree with other half.
9  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: June 11, 2021, 05:14:53 PM
As far as I read in the media, it was not only the club that was asking for a lot of money, but also Haaland and his agent.
In talks with Barcelona and Real, his agent allegedly demanded a very high annual salary for Haaland, a higher salary than what Messi or Ronaldo receive.
Haaland is a very good player but also a very young player, and I am afraid that all these stories about big money could harm his playing career.
He would not be the first failed great football hope.
We currently have a major financial crisis in football due to the coronavirus and probably only PSG, Manchester City or Chelsea can meet the high financial requirements of this player.
Greed is always a double-edged sword.
I guess if you think about it Messi and Ronaldo "were" the greatest football players ever lived, but do they really deserve the same money right now? They are getting paid for money they used to worth, they are getting money their names worth and not what they bring to the pitch anymore. I believe Haaland deserves to be paid more than anyone in the world right now not because he is at that level right now, but you are getting a player that would be probably the best scorer for another 10 years and that worths a ton of money to spend to keep him there.

I would give him 40 million a year for 10 years type of deal and I wouldn't be even doubting about it. Once again not because I believe he should be paid the most money now, but because you are getting that player and you need to be early in there or some other team will get him in a few seasons.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: What are some long term projects for holding? on: June 11, 2021, 04:10:45 PM
I agree with ETH, DOT, MATIC ones I am not sure about the others, I am not saying they are bad or anything I just do not know about them so I can't make a comment so they could be awesome or they could be horrible and I wouldn't know about it. However I would add UNI, CAKE, BNB to them as well.

So, if you have btc, eth, bnb, dot, matic, cake, uni all together in your portfolio that would actually make out to be a great portfolio in the long term if you ask me. I am not even joking that could very well make 10x in few years easily. Of course I do not like to talk in certainty because people end up making these decisions based on what they read online and I would advise you not to make investment based on what I say, I am just a regular guy and I try to make as much profit as anyone else but I do not have magical powers that can see the future.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Is shilling effective in the crypto community? on: June 11, 2021, 12:50:08 PM
Sort of? I mean that is how you get to become a big coin but "how" you do it matters a ton. There are shillers who come in here and write about a coin and leave and that is not the way to do it, there is nothing you can gain from that and people can see through that very easily and won't invest.

However I have seen projects that have a "shill" team and they just go around twitter, facebook, even instagram and bitcointalk and reddit and basically all other social media places and try to talk about that token every day and everywhere, which works because if you can get the name out there constantly and people can't avoid you, that means eventually your coin will get more and more people. So how you do it matters a ton, there are bad shillers who hurt the project more than it helps it, and there are shillers who help the project and make it go viral.
12  Economy / Trading Discussion / Re: Should I get a loan? on: June 11, 2021, 11:40:38 AM
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
Why not? If you're getting loan from your family members them you will be absolutely right to go for it because you are getting loan with free of all problems of usual traditional banks having. If I am having such kinds of opportunities then definitely I will go for availing them by considering right now the kind of opportunity from bitcoin markets. Yeah, bitcoin prices may get doubled at any time soon from its current market prices.

Usually I'm completely against on going for loan for trading purposes but when you are having plans for holding up to next five years and you're going to invest only with the bitcoins then there will be nothing wrong on going for loans from your family members.
13  Economy / Trading Discussion / Re: Bitcoins Issues. on: June 11, 2021, 08:28:38 AM
with continuous analysis and experience gained, you can find out the nature of bitcoin, make no mistake if you want to be safe by holding on for a certain time bitcoin can be sure to experience a hefty profit
That is the benefit of persisting into one thing Cheesy because experience is the key for success everywhere. Bitcoin got few basic characteristics (which cannot be found in any other assets/stocks), when we start making use of them then we can easily make profits; still here we have 2 methods to gain easy profits: long term holding and active trading, those who are unable to realize the nature of bitcoin. it is highly recommended to go for long term holding to enjoy easy profits rather than complaining about issues of bitcoin.

Being trader we must smart and confidence to trade without any doubt.
But fortunately trading alone the only way to make money in bitcoin ecosystem. You need to be smart to explore other methods if trading is not going in your favor. Long term holding is the alternative I am making use of, to survive as trading is not my cup of coffee.
14  Economy / Economics / Re: Covid-19 Virus Research Criminal Found - Anthony Fauci on: June 10, 2021, 08:08:51 PM
These things are quite funny when you realize that nobody would take them seriously and nothing comes out of them. I mean sure they are bothering people and maybe even hurting some people when they are successful but realizing how big this is, these type of claims are just mocked and nobody cares about them.

This is why at the end of the day if you are not sure about if OP is right or wrong, then you are on the wrong side already. Dude literally says one wrong thing every sentence, he is THAT much wrong, and when you think about it, dude is not really making sense neither in most of them, he just says something just to say it, just to get it out there, so that he can feel more relax. Crazy people will always be around, as long as they are not given a platform there is no problem.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: How do I know if an altcoin is a scam? on: June 10, 2021, 04:03:44 PM
It is honestly not that simple not to get scammed. Because there are tons of projects that make it as great as it can be, like I have seen tokens that would make profit if the owner kept it up, they were great and then they pulled the rug and took the money instead.

However there are few methods you can check, like on defi you can see if the ownership is renounced and if there is a timelock and if there is fee change if there is migration basically many things. That is one of the ways you could check and see if they are real or not, and it is a simple deal to check that, doesn't mean you won't be scammed but at least you know certain things and would be scammed less. Regular coins are another deal, check premined and other stuff but you all know what you need to do, I just hate it when team gives itself too much power, that is the most important part.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Which BSC project is best for 2021? on: June 09, 2021, 08:18:41 PM
As always my favorite is Cake, those guys are doing something that can't be really put aside without taking a good look at it. I mean go ahead and invest into other things if you want to risk it to get more returns, because cake will not give you 100x profit anytime soon (maybe if you buy now and sell 5 years later? who knows) however it is definitely a great project that will profit you in the long run and it is a trustworthy project and there is money to be made there so why not pick it?

I personally like it way too much and that is why I invest into it, there wasn't anything wrong with the system so that is why I kept using it and I made a decent profit from it. BSC is filled with rug pulled tokens so there is no need to go search for something that I know I will fail finding, the thing we are looking for is basically "next cake", why not invest into the original instead.
17  Economy / Economics / Re: Permanent residence in El Salvador for crypto entrepreneurs on: June 09, 2021, 07:43:50 PM
This whole deal with El Salvador is getting bigger than I expected, I mean I like the situation don't get me wrong but I also believe that the news is a good news but people are trying to show it as great news, there is a big difference. At the end of the day we need to still wait and see what it will be, remember Venezuela having petro coin? They wanted to save their economy that way as well but what happened? They ended up with a ton of problem anyway.

This is why we need to see what is going to happen with this and depending on the results this could be amazing news but if it is like Venezuela deal then this will be not important at all. I still believe one nation caring so much for crypto is great but who will care when it is El Salvador? Give me Canada or something and people will actually think about moving their operations there as well.
18  Economy / Trading Discussion / Re: Let's say you have a large amount of BTC and you on: June 09, 2021, 06:03:11 PM
The best way to not get tracked is P2P, if you ever came into some huge amount of btc, and I mean like 10000 bitcoins, that is still pretty valid on P2P but you have to take it slow, don't do it over night with just one person, do it with thousands of different people over course of many days, many months, even maybe few years, that way you will not get caught.

However know that what you are doing will be illegal, not reporting how much you have to your government will be a punishment, usually a ton of taxes and even tax evasion crime so you will have to pay almost all of that back, I would rather suggest you do it in a legit way. Plus, if you do P2P there is a risk of being scammed, when you do it via a proper exchange you know you will get what you are owed without getting scammed. That is why I would advice not to go with that route and pick the legit one.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Airdrops and Bounties worth the work? on: June 09, 2021, 12:50:26 PM
Around November or so I decided to have a business revolving around airdrops and bounties, I wanted to be "the" place for crypto working, you never know how much it will pay out but I wanted to have a group and a website that would basically be showing people who pays where and how, that way you would be working and earning, these bounties do not really stop and they do pay, sometimes what they pay turns out to be less than the fee network charges so it is useless work, but sometimes they do pay well, airdrops are the same, nowadays they are getting lesser but it is there, and even giveaways are important part because if you apply to ALL there is a good chance you may win at least one.

However what I realized is that even though you could make some money working purely this every day, the amount of work you put is not compensated at all, you earn like 50 bucks per month by working nearly 2-3 hours a day, so I stopped. I do it myself, but do not see a point in making that into a business at all.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 09, 2021, 09:50:31 AM
I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.

Is there no independence in the cryptocurrency world?
Well, it is a bit of a different situation and the answer is not that simple. The "price" is not really correlated exactly, but the emotions are, which means if bitcoin is going down that means there is a reason for bitcoin going down, the simplest reason is the fact that people are selling their bitcoins and that is why it is going down but what is the exact reason for people to sell? If you find that reason you will see that usually that same reason would apply to altcoins as well.

Now they are not one to one tied and usually when one goes down more, the other goes down less, because whatever that reason is usually impacts one more while impacts the other less. You can see bitcoin going down 10% but bnb going down 50%, or reverse bitcoin going down 50% while bnb going down 10%, that is exactly because of that reason. Long story short we are not going to see anything change differently, one goes up and other goes down because the emotions are usually the same for the market.
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