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1301  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ Biggest wagering contest...100k$ ⭐ Bitcoin Lightning Network ⭐ on: December 14, 2020, 07:00:53 PM
Check out these Royal Flushes and the hands these players got (https://crypto.games/videopoker/bitcoin).

Poker is one great game and seeing these hands definitely leaves an impression on you. If you want to try your luck then this is a good place to start.

1302  Alternate cryptocurrencies / Altcoin Discussion / Re: WHICH COIN IS THE NEXT ETHEREUM ? on: December 14, 2020, 03:18:23 PM
Hmm, I think your question is a little vague. The better question would have been if there's any other coin that might be able to match ETH 2.0.

I think the next best coin to ETH is of course ETH 2.0, but if you were to speak in absolute terms I'd then tend to say maybe Polkadot. The reason for this is because I think Dot has the potential but keeping all things the same, I still don't think DOT will be able to compete with ETH 2.0
1303  Bitcoin / Bitcoin Discussion / Re: Bitcoin will eat Gold’s market share, according to JPMorgan on: December 14, 2020, 12:30:01 PM
Growing mainstream acceptance of Bitcoin (BTC) as a reserve asset is having a direct impact on gold, setting the stage for a major shift in institutional allocation between the two assets, according to analysts at JPMorgan Chase. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2020/12/14/bitcoin-will-eat-golds-market-share-according-to-jpmorgan/
I 'm little surprised to see this. With more adoption of crypto people are starting to see that there are better alternatives out there than gold to lock up their assets for a long period of time, or even instead of shares. Each to their own!

I know for a fact that this is only touching the tip of the iceberg and cryptocurrency will pose major problems not only for gold but entire banking and finance industry - not that that can be surprising anymore!
1304  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 play&invest BTC ETH LTC DOGE on: December 13, 2020, 11:44:49 PM
We have already talked about the simple fact that house edge is house edge and there is no way we could change that, you could have as many accounts or do as many cheeky stuff as you want and in the end we all lose money because of house edge. That house edge manages to make it mathematically impossible for all of us to lose money when we gamble long enough, if we keep constantly grinding and grinding, we will end up with losing a lot of money and that is the end of the story, no other way available.

However if you really want to gamble and win, the only method would be short bursts, like go in there, gamble all, win and leave. If you leave while you are ahead and not gamble again, you may actually end up profiting but that is the only way you could profit.
Well, with multiple accounts and against house edge results could be profit or loss, and if it is loss that is bad but if it is profit you get something, here you get something even if you lose which is great.

However how would you plan on trying to stop people from gambling with very very low odds of losing, like 90%+ chance, even as far as 99% if it is there (don't remember what the max was) and betting very small amounts and just leave it to automatic. That should probably give them a huge wagering amount without really losing too much money neither, it is still the same amount of money lost in the end, you will lose it all in the end, but it also allows them to wager more money before they end up losing it all.

What's good on having multiple accounts when you can have all that money betting in one account? You won't really have an advantage at all when you are betting with multiple accounts I don't see some kind of chance increasing in your way with you doing that. If where you are gambling is they have a edge then it will be guaranteed that house edge will be experienced by all of the accounts you are using.

Absolutely. Having multiple accounts don't exempt you from the house edge and as much as it increases the odds of winnings it equally increases the chances of losses. It goes the same magnitude both ways. So depending on how you view it, you may think that multiple accounts are giving you an advantage in the game which for sure it can but it also increases the risks.
1305  Bitcoin / Bitcoin Discussion / Re: BTC next target 😉 on: December 13, 2020, 09:34:00 PM
Bitcoin have gain a lot of publicity this year. Big institutions and company are coming in and recognizing Bitcoin. People are also coming to know more about how Bitcoin can potentially change the world system. For sure, 2021 is going to be a big one since bitcoin have gain a lot of credibility enough for everyone to buy and sell bitcoin.
I agree, the hype around BTC has been one never seen before. This will for sure attract people of all kinds and institutions too will start thinking about how to best step into this new world of finance they'll be forced to face soon.

However, this is actually all positive as with more awareness comes more competition and history already showed that competition  not only is good for driving prices down but it also encourages innovation.
1306  Economy / Trading Discussion / Re: There is no certainty in trading on: December 13, 2020, 08:21:46 PM
I believe there is no certainty in anything worth investing in. This is why those who do invest are at large rewarded for the risk they take.
In trading is no different and while probabilities are always at play one can move these probabilities in their favour.

However, one thing I like about trading in crypto is that unlike stocks and share the market volatility allows you to make a profit t(if you buy/sell at the right time) almost always.
1307  Bitcoin / Bitcoin Discussion / Re: Does bitcoin solve more problems than it creates? on: December 13, 2020, 03:58:14 PM
Problems with btc:
1. wild, unstable exchange rate
2. difficulty to obtain and use (for most people)
3. getting coins hacked or lost by sending to wrong address
4. fraud/theft at exchanges (if it happened at Gox it could happen anywhere)
5. it enables criminals to get paid online
6. there are already plenty of ways to send money online a lot easier, it doesnt really do anything new
7. absolutely no buyer protection
8. scam companies/scammers
feel free to add to this list ^^

good things:
1. cheap way to send money
2. only 21 mil ever in circulation

So why should more people start using btc?  It seems the cons outweigh the pros.

If you don't like bitcoin, don't use it.

That's right. If you think BTC is not for you then walk away. Simple as that.

On the other hand, I must say that most of the cons as initially listed aren't in fact cons at all. For most of them there are ways to control who for instance has your private key (this should be yours and your alone) you can also not send your funds to the wrong address  Grin
Most of these are things that are very simple to solve.

There's nothing wrong with BTC but the people using it. Amen.
1308  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top 5 best coin or token? on: December 11, 2020, 11:38:14 PM
Trading is as about the coin as much as it is about the strategies used and the person's ability to make clear out decisions and sometimes in good time. To be good in trading yo must also consider the platform used as well as coin liquidity pool. So it would be an underestimation of the matter to simply try to trade based solely on the coin name. The factors highlighted make all the difference.

As per coins themselves, it all depends on the type of trader you want to be and strategy you want to implement but I'd go with a range of coins. Some in the low market cap range and some right at the top. As for the ones at the top I was thinking more like DOT and ADA, while for the low market cap ones more like Skale, or even JUST. Of course, these are only suggestions and you should do your own due diligence before buying into any of these.
1309  Economy / Gambling / Re: ⭐ Crypto.Games ⭐ Biggest wagering contest...100k$ ⭐ Bitcoin Lightning Network ⭐ on: December 11, 2020, 08:24:32 PM
Perhaps this comes at no surprise to many that the favourite coin used in gambling , at least in this casino is by far BTC which represents a whopping 60.4% of all the bets with ETH coming second at 2x less than the bets in BTC. Interesting stats huh....

To see this live or look at the proportion of games played on this platform click here.

1310  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin FAILED? on: December 11, 2020, 03:46:54 PM
How has it failed??? What sort of question is this? Do you expect BTC to just keep going up without any market correction, because if you think you can buy BTC to only see your money going up without no risk of losing then you're in the wrong market, and it is no market of this kind.

Pls don't spread this sort of false, incorrect opinion with no substantial wight to it whatsoever.

BTC is the inventions of the 21th century equivalent to the 20th century invention of the Internet!
1311  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Polkadot going to Kill Ethereum? on: December 10, 2020, 06:50:04 PM
Polkadot has its own efficiencies and while many projects stemmed from it, many of which acted as validating Polkadto's value to the community which was expressed in the token price and market dominance I still think ETH2.0 is something more valuable. While it is true that ETH2.0 is in the making, because it is the earliest blockchain I think people will likely side with it over something that's relatively new like Polkadot. Similar to how BTC Cash hasn't taken over BTC, with BTC being the 'Gold standard' of crypto, ETH is the standard of blockchain.
1312  Bitcoin / Bitcoin Discussion / Re: Is it a good idea to use Bitcoin as collateral for cash loans? on: December 10, 2020, 05:30:39 PM
Fidelity recently announced that it is allowing btc to be used as collateral for its cash loans.

https://www.coindesk.com/fidelity-digital-to-accept-bitcoin-collateral-on-cash-loans-for-institutions
Would you though consider giving your BTC to them for cash loan knowing that your details and how much in BTC you have will become available? For myself, I think not. It is not wroth giving your BTC as collateral in exchange for an agreed rate as I do not know how that information can be used. At the same time it which option you choose does depend on your idea of data protection.
1313  Bitcoin / Bitcoin Discussion / Re: Spend or HODL Bitcoin during COVID-19? on: December 10, 2020, 10:44:53 AM
In my opinion, if you have already invested in bitcoin earlier, then you have already made good money, and at the moment if you look at the situation on the markets in general, that is, there is a good growth prospect, and COVID-19, on the contrary, made it possible for bitcoin to grow even more and for the fact that large companies invest in digital assets since they are not tied to anything and my opinion if you have bitcoin then do not sell it now, but rather hold
If you have invested in Bitcoin in the early days or when the price is still very cheap then using it for something important is not a problem because one of the reasons about investment is to get a lot of money or assets, if we need it then it is not wrong to use the profit from our investment, meaning we can already enjoy the results of our investment. Choosing to spend or holding it is not a problem and also very much depends on the purpose of each person who owns Bitcoin.
I agree. The purpose of BTC is to help ease the financial hardships at times like this, and it is a personal choice if one's best option is to HODL or sell BTC. And it is true that if an early adopter faces this question, the answer might be easy since the price of sale will definitely reflect a good profit. The opposite might not be so clear (i.e. for a person not having invested in BTC during its early days) so a more thorough investigation by that person is required to reach a decision - at least that's what I think  Wink
1314  Economy / Gambling / Re: CSGO500.com $17000 Christmas Raffle 🎄 $62500 Scavenger Hunt 🔥 Wheel & Casino on: December 09, 2020, 11:03:51 PM
CSGO500 are running some  CRAZY Shocked promos and challenges. I have seen many people sign up only because everyone is so hyped about this new casino, and tbh they are rightly so. In addition to all of this, their site and UI is spot on and very inviting with lots of cool things to occupy yourself. Well done, team!
1315  Alternate cryptocurrencies / Altcoin Discussion / Re: Some till don't understand crypto and bitcoin on: December 09, 2020, 10:30:36 PM
We can't force others to understand what truly is bitcoin. I think some doesn't understand its volatility of value in bitcoin. Just lack of education and knowledge that's why others don't understand crypto its useful and how this can benefits to people.
Majority of people don't truly understand the value of BTC and the effect it will have on their finance in the future. I believe this is true negligence on their part. The lack of knowledge will put them at a massive disadvantage and I'm afraid that even when they realise it they'd think it is too late and still won't bother learning. It is sad but in today's society unfortunately it's the truth.
1316  Economy / Gambling / Re: 🐺WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game🎲 2.000 Bets/s⚡ on: December 09, 2020, 08:54:58 PM
Does anyone know when Wolf.bet will organize a signature campaign again? I think it would be nice to participate there.

They did campaign for a while. Not really why they stopped then. Perhaps they will organize a campaign again before the end of the year.


Perhaps they need to check the logistics to see if it is worth re-running another one. If they go for another relaunch I'd think it will probably be in the next year. Still for more details best to pm Zwei directly. You could also look for other ones to join if you need some extra money for Christmas  Wink
1317  Economy / Trading Discussion / Re: Trading is based on probability. on: December 09, 2020, 07:52:11 PM
If you are talking about a normal stock trader I could somehow agree with your opinion but I think that being a daily trader in cryptocurrencies is complete different because the volatility is high

I somewhat agree. In my opinion trading is not so much based on probability like gambling is but more about reading and predicting what the market will do. Unlike gambling where you can't really tell from the outcome of previous games, there is so much you can determine from looking at progression graphs.

Because of the amount of data available to help you strategies a decision for me trading doesn't so much resolve on probabilities but understanding and predicting.
1318  Bitcoin / Bitcoin Discussion / Re: PayPals Bitcoin is a scam on: December 09, 2020, 05:11:58 PM
Too far to say that paypal is a scam with bitcoin in it, because we all know the legality used by paypal.

There is often a crucial distinction between "legality" and "morality".  Just because it's legal, doesn't mean we have to find it acceptable.
That's right. Just because we do not agree with how PayPal is dealing with and portraying BTC doesn't mean they're doing it illegally.

Quote
I'm still of the opinion that any custodial service dealing with IOUs and not operating full-reserve is effectively a scam.  Most people just don't realise it yet.  This applies to any exchanges or webwallets operating fractional reserve, not just PayPal.

I wouldn't go so far as saying that any IOUs not operating of full-reserves are scams, I get that it is far from ideal but surely there would have been some audits in place to ensure that whatever they estimate (even if it is not held in reserve) is something that the business plan can cover. It is true though that some projects take advantage of the system which is why fully-backed up assets operations are being favoured over the alternative.

That said, no I do not in any way approve of how PayPal is dealing with BTC, it still keeps all the people who use it in a blindspot.
1319  Alternate cryptocurrencies / Altcoin Discussion / Re: WHICH COIN IS THE NEXT ETHEREUM ? on: December 09, 2020, 12:06:22 PM
Guys which coin do you think will be the next ethereum ?
On a lighter note, Eth 2.0 will be the next ethereum Cheesy. On a serious note, I have always said that ethereum will retain its position and value no matter how good blockchain network comes forward to compete with it simply because market is with ethereum and to replace it from the market is not a thing that can happen in near future.

I agree with you that ETH 2.0 is the new ETH. Serenity launching (or The Beacon Chain) hasn't had a major positive influence on the price yet (still early days until people catch on Cheesy), if at all, but I think the next phase of ETH 2.0 which is Shard Chain due to be released in 2021 will make a major impact as transactions speeds will increases by 1M  Shocked
1320  Economy / Speculation / Re: Bitcoin Price From 0$ on: December 08, 2020, 11:16:06 PM
As we've already found out, $50,000 is definitely not going to happen this year. But maybe next year something will change.

I'm reluctant to agree that 50,000 isn't in sight for 2021. There can't be this level of certainty, though it is true that given how everything dumped right now with BTC at low 18,000 this may sound unlikely but you can't say impossible.

I say this as many things can happen... Maybe this is the end to the bull run we've enjoyed so much or maybe this is preparation for the better wave to come - who knows  Embarrassed
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