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1141  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Lamborghini Giveaway! 🚀 🎰 🏀 ⚾ 🏈 �� 🥊 🎲 on: November 11, 2020, 07:04:56 PM
I think the meaning behind this is that they would expect Biden to not challenge the result similar to what Trump is doing now.

That's exactly the problem then, isn't it? Stake is willing to pay out a Biden bet despite a dispute from Trump, but perhaps wouldn't pay out a Trump bet if there was a dispute from Biden per that interpretation.
I doubt that you will face any problem at all aside from the fact that your provider will pay you in February (from your own account ) while you are paying right now, that is the only thing that you are going to miss out, few months of not getting paid for something you should be getting paid for and that's it.

We have seen tens of cases Trump campaign has already getting rejected, they have ZERO proof that anything could go own their way, people keep claiming "let's wait for the courts!" but the reality is, courts are not even accepting his plea, so at the end of the day we do not even have to wait for Trump to win any court case because those cases are not even being heard let alone get a decision in the end. So, Biden win is 100% guaranteed at this point, only thing stake loses right now would be not getting paid for few months.
1142  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Biden Early Payout! 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: November 10, 2020, 06:23:21 PM
Great way to handle this bets around the US elections, showing once more why Stake is one of the best crypto casino's!

That's a nice accumulator win! I tried in the past to create multiples with low odds, but I always failed  Smiley.
Parlays are hard to hit and it feels brutally painful when you miss a parlay by 1 or 2 bets and that is what often happens with me.

I agree that the stake's stand towards election result is really good but to be fair they should just settle trump as lost and biden as win because clearly even google shows that biden has got it so I don't know why they are taking the risk in case trump wins from court or something like that happens.

Good luck for trump bettors but really don't have your expectations too high because as sweet as it sound to have trump do the impossible by proving there was a voter fraud but really I don't think there is a realistic chance at all here.
1143  Economy / Trading Discussion / Re: Trading without setting stop loss (Risky or Not)? on: November 10, 2020, 03:25:42 PM
for me stoplos is a function to help traders reduce the risk of loss, I personally always use it in every trade because I can't keep track of the development of my asset prices, I also have a busy life out there that I can't possibly leave, if you don't need it then it is a natural thing because maybe you are a person who has a lot of time monitoring price developments, so not everyone needs it but some people really need it
Actually there is a simple thing to determine whether you need a stop loss or not. If you are trading many assets at the same time and such that you lose the count of the tokens and you are unable to track which token is moving in which direction then stop-loss is not just important but necessity at that point.

While if you are just trading a few coins or single coin then you are always in touch of the current price and you don't need to use stop-loss function because sometimes although the market is down you know a chance is there to have better values in coming weeks or months so you can avoid selling at loss and wait for sometime while if you use stop-loss the asset will be automatically sold at a particular value giving you no chance to recover.
1144  Economy / Trading Discussion / Re: What do you really need in your trading? on: November 10, 2020, 02:47:37 PM
even if you claim that trading alone affects emotions, then it is a waste of time. I think you better not have to trade.
How come that it is a waste of time when you are affected by your trades? We should not stop trading just because we are affected by our emotions. Psychological attacks always happen around trading world. You can't escape from getting stressful because no matter how you are numb, you always look for the funds you have. If trading does not affect by emotions, there are no lessons we will get from it. Besides, using emotions sometimes will help us to prevent the future loss.
And those emotions are important sometimes because if you become a robot with no emotions and hence no learning you will quickly lose your bankroll. It is emotions that enable us to execute some trades at loss to avoid further loss and saves us from falling into a disastrous situation. I hold many altcoins and some in past become dust but when their price started to drop I actually was emotional or wise enough to sell them and although at loss I still saved much more than I would have if I was not emotional and stuck with those shitcoins.

I think one thing we all need in crypto market is sharpness and awareness because the market is volatile and you have to keep an eye on the news around the market and if you are able to do that effectively you will do good trades more than bad ones.
1145  Economy / Exchanges / Re: What is the best cryptocurrency exchange for beginners on: November 10, 2020, 11:55:57 AM
Pick something that's reliable, trusted enough (relative to how much you are investing), and provides the basic analytical tools you want in one place. You can of course use additional tools to help you make better informed decisions, but when you are just starting, it helps to keep things simple and in one place.
Also the thing to make sure is that the exchange you are using is legal in your country because there are times when during registration they will accept you but later create problems so better to check that too.

Platform for beginners or pro traders it always is same mostly because there are some advanced features but you are not bound to use them when you are new into trading so as long as the exchange is trusted, has low fees on transactions and more importantly trading then it is a good choice and if you are trying features like leverage trading then also check for that, a perfect choice might be Binance but I don't want to recommend any exchange given how frequently exchanges are turning into scams.
1146  Alternate cryptocurrencies / Altcoin Discussion / Re: If you are new to crypto this is for you on: November 10, 2020, 10:55:10 AM
I believe that newbies in crypto can be victims of scammers, most of them are hyip or investing in hyip so For newbies be careful when participating even in investing in projects because you will be convinced to those who say they have a big percentage or a big discount on buying coins in the presale so be alert and before you join them you should have a lot of research about their project only two possible destinations your investor this is the loss or win you can be fooled and you can go bankrupt if you plan to invest in altcoins you can look at the coinmarket to choose the top coins there that you can invest your money in altcoins.
HYIP are quite different from these ICO scams but the logic is same so yeah kind of agree with that. The worst part of altcoin investment is that you are into a dangerous territory where you will either lose everything or you might end up earning more than you ever thought. It sounds almost like gambling and lottery where you can get rich quick or you might lose everything you put in it.

With bitcoins investment you know if the price goes down you can wait and it would regain the value in sometime but altcoin because most of the coins turn into absolute zero value you have to ensure that the wait is not your ultimate enemy because at times people wait and end up not even getting 1 satoshi value out of it.
1147  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam? on: November 10, 2020, 10:24:32 AM
The scammer will take advantage of any circumstances to scammed people, and they are not stupid. They know what is tren and will find a way how to take advantage of it. So don't be surprised if ICO, IEO, Defi can be scam. Actually so easy to avoid it, don't join in any new project, but for people who greedy and don't have good knowledge it's so hard to follow that easy step
not all new project was scam, there are alot good project that recetly released. take a look at polkadot , we could call it as new project but its community growing fastly and its price could maintain in market. we just need to avoid project that have hyped but it have no usecase at all and also anon team , if we find this kind project its purely pump and dumped coins.
Very true and polkadot is actually one of the brightest project out there although what holds in the future we never know. People often criticize the ICOs but we need to understand like good and bad people exist similarly both kind of projects exist in ICO, IEO and now DeFi. If you are smart and invest in the good project you will profit while if you make the wrong choice you will lose and lash out at the market which is not the right way to learn.

You should understand that not every project will give returns and even some good projects might stop or close out due to lack of interest that doesn't mean the market is scam and everyone is just fake, it only means you made mistakes spotting the right coin for investment.
1148  Economy / Economics / Re: Waiters/Waitresses/bellboys etc just lost their jobs on: November 09, 2020, 09:12:41 PM
Robots are cool, but I wouldn’t feel comfortable in a room filled with food-serving bots. So for me, this is not a cool idea. I know there are some robot freaks who likes robots and wouldn’t mind, but a restaurant that’s buying robots to serve food to customers is definitely chasing most of his customers away, it’s not everyone that’s going to like that.

Moreover I have seen most of them so called robots, they do have weird designs and gives me a feeling of The Terminator. And lastly I would like to add that the idea of having these robots replace human beings at their place of work doesn’t seem good to me, to be sincere.
1149  Economy / Economics / Re: The pandemic did push the world towards a more digital age. on: November 09, 2020, 05:13:02 PM
I don't think so. World is developing day by day and already being digitalized in many countries. Pandemic can be considered as one more step in this way but not more than that. Because people already using the technology which they used before the pandemic. Nothing changed in this period and just people can't go out for work.
In fact the pandemic pushed us back 10years because the industries and everything will take at least 5-10 years to come back to normal because even when the virus spread is stopped it won't be magic to fix everything because the economic structures are broken and everyone struggled be it developed countries or be it growing ones.

I know more cashless transactions are happening but the truth is they are forced rather than adopted so once the pandemic ends and everyone is back to normality there will again be dominant number of fiat transactions and cashless economy will be left behind again.
1150  Bitcoin / Bitcoin Discussion / Re: State-Issued Digital Currencies - Why do you need to sell all your bitcoin on: November 07, 2020, 09:16:10 PM
Instead of you rushing to go write an article on the said topic and ending up misinforming some people who don’t know much, I would say that it is best that you edit this your post here and put a summary to explain what kind of thing you heard about state backed digital currencies and what makes you think that Bitcoin isn’t worth it, so that the people here can have a look at it and teach you better, or if you’re right, then we will all agree that you’re right.

I don’t know what about state backed digital currency that’s making you lose hope in bitcoin. These two are different.
1151  Bitcoin / Bitcoin Discussion / Re: What do you think is the biggest disadvantage of bitcoin? on: November 07, 2020, 04:46:11 PM
Well, there are few things that’s comes to my mind when they talk about the disadvantages of bitcoin and the first one is the kind of damages or ills that can be caused to our environment as a result of mining of Bitcoin.

Some people have said that this is not true and that Bitcoin mining cannot have any bad effects on the environment, this seems to be a debate as for now, so I can’t come to a conclusion that it is true or false. The next one is the black market activities, yup we all are aware that so many of them from the dark web now prefers Bitcoin and it’s giving Bitcoin a bad reputation which I don’t like.
1152  Economy / Gambling / Re: 🐺WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game🎲 2.000 Bets/s⚡ on: November 07, 2020, 03:27:31 PM
When you make a "freely put any fee you want" type of situation that could be a problem, some person who is not focused or just having a bad day (or whatever else reason) could just put in the amount he wants to withdraw into the field he should put the fee and vice versa, in that case someone who wants to withdraw 1 bitcoin and pay 0.001 fee so it can be quick, could instead get 0.001 withdraw for a 1 bitcoin fee.

Not that it is common but we have seen this type of thing happen before in bitcoin world, there are unfortunately people who lost hundreds of bitcoins this way and there is no way to reverse it back. Which is why I highly suggest a wallet like three option deal where you have slow, medium and fast where you can choice and the amount will be decided based on the situation of the fee situation at that moment.
1153  Economy / Economics / Re: What are they hiding from us? on: November 07, 2020, 02:51:57 PM
Which inflation are you talking about here, the US dollar? I don’t live in the US so I can’t 100% tell for them if there has been any inflation, but with all these things that have happened is possible that there is. The lockdown caused inflation in my country and right now the inflation is not stopping.

People were complaining after the lockdown that things have gotten worse and with time we decided to get over everything that has happened, and recently the price of goods started increasing again and I don’t know what’s causing this one, whether it’s because of the holidays that coming or what?
1154  Economy / Economics / Re: Bitcoin Treasuries on: November 07, 2020, 01:17:36 PM
Square is becoming one of the biggest and easiest place to buy bitcoin and I feel like paypal will get there very soon as well. By the fourth quarter ends (with new year starting) we are going to see both square keep breaking their records but on top of that we are going to see some huge numbers from paypal as well.

I am not going to lie I have always found buying bitcoin as something very simple, I just send deposit from my bank account to my exchange and buy bitcoins with it, quite simple method that I never really found hard, however from the looks of square and paypal and how awesome they are doing and how much they changed our world, I could say that buying bitcoin wasn't something this simple for millions of people out there and these companies adding bitcoin purchase option opened bitcoin up to a lot more new people.
1155  Economy / Economics / Re: Debt and Crypto? on: November 07, 2020, 11:48:47 AM
Crypto is not a banking system, it is not compared to what you can do with credit cards or loans or anything like that, you do not get mortgage to buy a house from "dollar", that is the thing you use to buy and not place where you get the loan. Crypto is equal to dollars in this example, or if you want gold, because we call it digital gold for its limited nature, and you do not care about debt of your dollar and how you will pay it back to anything related to dollar itself, you do it towards banks that gave you that loan.

It means, if one day we move towards a lot more crypto world, you could always have banks that issue crypto loans. Why do we not have proper crypto loans right now? Because there is no regulations about it, the moment governments allow banks to issue crypto loans where if you do not pay back you will have a seize of your assets, we could always have that, just like dollars.
1156  Economy / Speculation / Re: sold mine at 14100 dammitttt on: November 07, 2020, 10:48:39 AM
There is a big amount of people who will sell at the top and there will always be a new top, as long as you sell your coins it will always be too early one day and sometimes the results are quicker than you imagine so it could be not so great for you.

Of course, at $15.5k right now, you should be upset that you sold and didn't wait for few more days to see the price increase this much, and I can understand that, but if you sold at $15.5k today and the price becomes $16k tomorrow? What is then? What if you hold until $20k but the price reaches to $25k a year later? What is then?

So as you can see, it is always too early to sell bitcoin. Sometimes you just have to get out, if it is purely for profit I would say holding until you die is the answer, if it is for a need for money, you should get out and spend it on your need without caring about the price.
1157  Economy / Speculation / Re: Is it a good time to buy Bitcoin ? on: November 07, 2020, 09:44:57 AM
I'm a type of trader who usually do a trend following so for me it is good to buy bitcoins whenever its trend is currently uptrend because there is a high chance that its price will become more expensive because the market in uptrend is full of greed where a lot of institutions, individuals and organization are getting bitcoins as much as they can. I'm a type of people who usually avoid buying at downtrend because the price are continuing to decrease because the emotion of market is fear where a lot of investors and institutions wants cash than investments. Right now the price of the bitcoin is currently trending and I can say that it is a parabolic move because look at the price of the bitcoin where it have momentum in these past days and there are consecutives green candle which considered as good movement and we should expect that the price can increase more.
Trend chasing could also lead you to be a bit too late if you are not careful so you should be threading carefully when you are chasing trends. For example, if you are chasing right now, it means you could be too late to get in, maybe you won't be too late to get in, maybe this is a perfect time to buy bitcoin because in the next 6 months we are going to see the price do a 2x until it reaches peak?

We do not know any of this so I would say that you should be careful about what you are doing next. When bitcoin is in a bull run it is always easier to see it doing great and getting involved or at least wanting to get involved but the real place where you should buy should always be when people are worried about the price, because that is when it is low and that is when you can get it cheap.
1158  Economy / Gambling discussion / Re: Why most of us are losing money in sports betting? on: November 07, 2020, 08:53:52 AM
I tried martingale strategy in sports betting so that I could recover my losses but even I am good in predicting few of sports, I am not finding myself profitable after 10 to 15 attempts. Unfortunately I have forgot to make up my strategy to compete against odds. Yes, finally I have concluded that martingale strategy is not good for sports betting because odds are playing a big role in the final outcome where losses are happening at all our base-bet if my prediction goes wrong.

For example, if my base bet is 0.001BTC and if I lose then my lose will be 0.001BTC and for the next game I need to go for 0.002BTC and if my prediction goes right then I will get 0.0024 BTC for the odds of 1.2 but my total spending so far was 0.003BTC which means martingale is not working exactly in sportsbetting as odds are there as another factor.
1159  Economy / Gambling discussion / Re: An Indian boy committed suicide after losing money by Betting in IPL on: November 06, 2020, 04:52:43 PM
If there could have any guidelines on not getting too much serious about gambling from the betting-platform itself then that might have saved one life by this time. I mean most gambling houses are not focusing on educating their players about the dangers of gambling addiction and this is the reason some innocent gamblers are going up to the extreme levels like risking their life itself.

Anyone can argue that is not the responsibility of gambling houses but I feel gambling houses should be enforced to that mandatory so that gamblers will start realizing what they're actually doing. Only when there should be some initiative against gambling addictions, the chances of making gamblers aware of dangers of gambling addiction will be possible.
1160  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Negative House Edge Crypto Casino on: November 06, 2020, 03:04:20 PM
The offer is too good to be true for a negative house edge to maintain a profit. How do you plan to create a profit when the games at your casino are in favor of the players. That is opposite what a businessman should do, thinking about favoring the interest of their customers. The business model that you are proposing will be unsavory to your investors, and in my opinion, it will not work unless you do some questionable underhanded tactics. If you say that you will put negative house edge and then putting it back to a positive house edge, then as a gambler, I would just wait it out. If that exploit is done by a lot of the players, it will break the business within months.
Completely agree on that and while the use and spread of tokens might carry the casino for some time but really it would not survive in the long term and lose everything to players eventually.

One way I think people can negate the house edge is by taking part in promotions and giveaways. For example, if you are a sports bettor you can check offers from sportsbet.io and stake.com as they offer some really cool promotions like UFC double pay (stake) and free bets on various events (sportsbet) so taking these offers you can negate the house edge to a considerable number. Negative house edge is just plain stupidity to even think about.
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