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1  Economy / Gambling discussion / Re: Memory lane (best match you gambled on) on: April 02, 2020, 08:40:07 PM
I don't remember every single CS:GO match I've ever gambled on, but one that was a big upset and was a massive win for me was NiP vs Vega Squadron at the first ELEAGUE Major main qualifier in 2016. Vega Squadron ended up winning almost 16-2 again NiP, and HLTV even shows you the scale of this upset (click for match link). NiP was considered one of the top teams in the world at the time, and Vega was still on the come up at the time. I didn't bet an extremely large amount on Vega, but it was funny and surreal at the same time that NiP was choking so hard.
2  Economy / Gambling discussion / Re: E-gambling on: April 02, 2020, 08:19:58 PM
With the way things are going and how these stable gambling sites are making huge profits, we will have hundreds of e-gambling sites in the next five years now that Cryptocurrency is on the adoption process, it's only a matter of time before the industry will shift to online gambling and the profit from the online gambling industry will be higher than gambling casinos.

We already have hundreds of online gambling sites that accept crypto. The problem is regulations limit where they operate, and I suspect lot of people are still unwilling to use cryptocurrency due to volatility, especially with Bitcoin recently. I could definitely see a continuing shift towards online gambling, but not necessarily with cryptocurrency involved, though I'm sure online gambling sites primarily focused on crypto will still keep growing.
3  Economy / Trading Discussion / Re: Simple trading advise for newbe that should follow on: April 02, 2020, 08:11:25 PM
Another day another newbie trader advice we do have here.  Smiley



Everything should really be learnt but that wont happen overnight which means the more you trade the more experience you would gain.
Lets say you are fully aware that you shouldnt enter on the market randomly but when you are totally noob and the time you are on the middle
of the trade, pretty sure that you dont even know on what you gonna do.

Learn everything and mistakes are inevitable but these are stepping stones for you to be a better trader.

Something else I would advise for newer traders is to start off trading smaller amounts of cryptocurrencies at first because you'll certainly face difficulties and mistakes at first. As stomachgrowls noted already, you'll learn things over time and you'll also learn with more specific reading on techniques and indicators and even risk management.

Most people statistically do not become successful traders, and trading definitely isn't for everyone. That doesn't mean you shouldn't take a shot if you're interested, though.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Toilet Paper Token in Yobit on: April 02, 2020, 02:12:51 AM
Seems like YoBit participating in an April Fool's joke to me. If you go to the original Tweet that YoBit sent out about the token, you'll arrive at the TPT token page from CoinMarketcap that seems to be pretty much fully satirical (link here). I hope people aren't seriously trading this coin because I seriously doubt it'll have any other developments past today, but I wouldn't be surprised if YoBit keeps it up.
5  Economy / Gambling discussion / Re: What are you doing now? on: April 01, 2020, 10:56:04 PM
I'm finding other ways to earn money and expanding my business however much I can during these times. I was betting on esports matches like I usually did and I still played a few of the games like dice and roulette that are available on almost any casino, but I've started saving more money recently even though I do have a relatively large emergency fund in case I happen to lose my job.

On a less gambling-related point, though, I've started playing video games a lot more recently. This could potentially help me out in my analysis of esports matches and all, but I'm mostly doing it to take my mind off what's happening in the real world recently.
6  Economy / Trading Discussion / Re: Trading on DEX's - What's your experience? on: April 01, 2020, 09:35:18 PM
I used to use DEXes like the Waves DEX and Etherdelta back when I was bounty hunting and trading altcoins actively and some coins were only listed on either Etherdelta or other smaller decentralized exchanges, but I also encountered low liquidity and thin books on most of the ones I did use back then, and I suspect those issues still remain on decentralized exchanges since I don't see much discussion on them at all anywhere.

I suspect DEX usage will probably become more commonplace as governments tighten regulations on cryptocurrencies and potentially start issuing more strict KYC requirements to exchanges, but they'll probably remain low-key for now.
7  Economy / Gambling discussion / Re: Longest Break You Have On Not Gambling on: April 01, 2020, 09:27:24 PM
I actually haven't been gambling as of recently either. I usually do play on online casinos, but there's been so many things going on that I just don't have much time to gamble much if at all right now. It's strange because I usually gamble to take my mind off things, but it just hasn't been working for me recently and I'd rather be as productive as possible during times like these.

This might also turn out to be the longest time that I've stopped gambling if coronavirus keeps spreading as expected. I typically don't gamble during vacations and times like that, but this has the possibility to last longer.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto changes. on: April 01, 2020, 01:37:56 AM
While it's true that whales can have an impact on the price of Bitcoin and other altcoins, I don't think they're the primary cause of the recent drops in price for most cryptocurrencies because I believe you're greatly underestimating the power that the public has on the price of cryptocurrencies especially when panicking ensues and people want to get out. This sort of dump can be a great time for whales and almost anyone to begin accumulating coins, though, which I do agree with.

Whales do have some control, but they're just one small piece of the puzzle.
9  Economy / Gambling discussion / Re: Gambling Business That Survives when a Crisis on: April 01, 2020, 01:33:48 AM
Esports tournaments actually do get cancelled due to real-life events, especially when it comes to major tournaments which are common with games like DOTA 2 and CS:GO. There are also exclusively online tournaments, but they're usually reserved for smaller events and lower-tier matchups and it's generally ideal that higher-tier teams play in person.

On the CS:GO side of things, the anticheat programs employed in third party services outside of Valve's own system are actually extremely sophisticated and manage to filter out almost all cheaters, but there are indeed incidents where external devices are used to cheat and such, but those incidents are generally very isolated.
10  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance may acquire the Coinmarketcap by 400 Million USD! on: March 31, 2020, 09:55:32 PM
This was quite surprising to me; never did I even have the thought that Binance would go after something like CoinMarketCap. Even though CoinMarketCap's a relatively simplistic site at the end of the day, it's still a great deal for Binance as I'm sure they'll find a way to attach the Binance name to the site after acquisition one way or another. The name of the site alone is massively popular as stated in the OP, and the site's operations may even change for the better if Binance does acquire CMC.
11  Economy / Gambling discussion / Re: What will the gambling addicts do now that the casinos have closed? on: March 31, 2020, 09:50:12 PM
I suspect most people that are truly addicts will just pursue online gambling now that the physical casinos are closed, though it's also true that the online gambling experience is very different from that of physical casinos, and not everyone enjoys online gambling. This sort of shock hopefully might also be enough to snap people out of their current mentalities and realize what they've been doing recently for those suffering from the negatives of gambling.

Some online tournaments for games like CS:GO are still going on last time I checked, and there's always the possibility that some of these people start looking into esports gambling.
12  Economy / Trading Discussion / Re: What do you think about Arbitrage trading... on: March 31, 2020, 08:43:02 PM
There's nothing wrong with it. If you're able to make a profit from it, then congratulations. You should be doing research into whatever new methods of trading you're interested in trying anyways, and that should be enough to help you step past the misinformation that's present almost everywhere on the web. If anything or anyone is promising you extremely easy money, then it's very likely to be a scam or there are string attached as said in the OP.

Short-term trading can also be just as profitable as mid- or long-term trading, but most beginners typically don't do well with extremely short-term trading strategies because there's way more factors in play and more opportunities for even small mistakes to grow into big ones if you're not careful.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Innovation is key, but good community is more important. on: March 30, 2020, 09:52:44 PM
You need both an active and passionate community for anything in the crypto space to succeed. The main development team of a crypto project should also ideally have some sort of communication with the community whether it's updates or questions and announcements to ensure things are moving in the right direction.

There's definitely no one or few defined ways for a project to succeed, though. Everything in the crypto space has its own strengths and faults, though there are improvements to be made everywhere. Nothing's truly perfect.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: What to do with my crypto assets? on: March 30, 2020, 09:42:44 PM
If there's no way you can possibly withdraw all of your assets to some fiat currency like USD, then I suppose USDT would be an okay alternative; Tether's got a pretty rocky history and I don't like it personally, but it's held up so far and people still seem to trust in it. The coin also hasn't fluctuated too significantly from its target price of $1 to date yet (though it has on a few occasions), though there's no telling if it'll stay like this.

If you're already nervous about the markets, it's not a good idea to stack on even more risk for a reward that you might not even see, which is why I'd eliminate option 3 from your decisionmaking. The other two are completely up to you.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: What will crypto space look like? on: March 30, 2020, 09:37:07 PM
I also agree things probably wouldn't change much. I see and have seen people invest in newer coins, especially around 2017, but there's much less of those people than the majority that just trades the few large-cap coins like Bitcoin and Ethereum. I still think it'd be horrible if there were only 20 coins being traded, though, because the Top X coins change all the time, for better and for worse, and innovations come with these newer coins. Just take a look at the screenshots on Coinmarketcap from years back.
16  Economy / Gambling discussion / Re: What is the safest crypto online games to start if you are a Newbie? on: March 30, 2020, 09:31:00 PM
I wouldn't say there's a game that's necessarily 'safer' than another since there's the chance of addiction or strong losses with every game, and everyone has different strengths and preferences when it comes to games. If you're a newbie, try playing all the games offered on a site that has a faucet or some free-play system to find what you like the most and start from there.

Some sites do have higher and lower house edges than others, but the degree to which this varies is not very great for the most part.
17  Economy / Gambling discussion / Re: Bitcointalk has been blocked in Russia because of Gambling advertisement on: March 26, 2020, 08:19:59 PM
The Russians have always acted compulsively when it comes to cryptocurrency. Remember the times when they aren't sure whether to allow bitcoin or not, but discusses the possibility of their own CryptoRuble? I remember. They do this because bitcoin gives financial freedom to those who wields it, and can act in their own volition, buy whatever they wanted without being monitored by the government 24/7. As for the case of gambling advertisement and the forum blacklist, I'm pretty sure or Russian friends would always find a way to access this site and continue doing what they're doing as if nothing happened.

I'm not surprised that they will go to the extreme to the point that they will ban the only hub wherein bitcoin is prominent. It is really a given, IMO.

That's what I thought; I don't hear much about cryptocurrencies from Russia very often, but I do know a few people in the country that do use BTC. The other major Russian crypto-related piece of news I remember was BTC-e being seized by the US authorities, though that was back in 2016 and it was just one incident.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: 90% Of Project Bounties Are Scams on: March 26, 2020, 08:11:59 PM
I agree that it'd be a great thing for everyone if the campaign managers looked more thoroughly into the campaigns they're managing (most of the more popular one we see on the forum do), but unfortunately there's so many people out there willing to manage campaigns right now that even the scammiest campaigns are likely to find someone who's able to do the basics of a manager.

As for whether or not these will continue to pop up, I don't think we'll ever see the creation of scam bounty campaigns stop until it's unprofitable to do so. It's been happening even before 2018, and though it can be tough, you'll be able to figure out which ones are likely scams and which ones aren't in time if you're new.
19  Economy / Gambling discussion / Re: Does good side of gambling overcomes its negative side? on: March 26, 2020, 03:59:04 PM

5. It can be a source of income.


No, no, no, no. There may be a very, very small slice of the population that gambles that manages to eke out a living somehow through gambling, but for the regular Joe, gambling is not a source of income and you should not be thinking about it for your own safety. If you treat gambling as a potential source of income, it becomes much easier to gamble away money you actually need for necessities and you might start digging yourself into a hole you can't get out of that way.

As for whether the positives outweigh the negatives, it really varies by each person. Some people just shouldn't gamble for a number of reasons, and that's perfectly fine.
20  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: AIR DROPS ! wasting time or not? on: March 26, 2020, 03:55:39 PM
Airdrops aren't always waste of time, it depends on how good you are with them, the easiest way if detecting a good Airdrops is to watch the rating on top Airdrops platforms like airdropalert or airdropbob, if it's rated 5 starts it's probably because it's listed on coinmarketcap and it's trading

The presence of a coin in the coinmarketcap rating does not mean that it is good. Here it is important that it is in the TOP 100, and not in last place. But if you have certain skills for working with airdrops, you should continue to participate in them.

Even being in the top 100 of coins ranked by market cap or whatever metric you choose on Coinmarketcap is not a guarantee that a project is 'good', however you consider that. There's no one right way to determine if an airdrop's worth your time, but just looking at whether or not something's trading should not be the only criteria you use.

There's also a sort of limit to how 'good' you can be at picking airdrops to participate in. It's easy to filter out the lowest-quality ones, but success is never guaranteed for any platform, which is where luck comes in.
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