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41
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Economy / Trading Discussion / Re: Would you like to trading with meme coins??
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on: December 08, 2021, 02:23:00 PM
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That's the risk of a hyped coin, anytime soon it will drop without any sign of when it will be or when the exact time frame.
Not like with the coin that has real investors because of its use. Meme coins are very risky to trade if you are doing this make sure that you have applied the cut loss (stop-loss) when the price goes down.
For sure meme coins are notorious for traders, their quick pumps & dumps make this very unattractive, especially since there is no utility behind the coin. Having said this, I have seen a few people trading them but this was only because they got in early and thus they were somewhat protected from a pump&dump cycle. Needless to say that these was a trade of only a few hours never more than a day. So, in a way, some people do take their chances with meme coins but it is not a standard in trading (and quite understandably so I think) |
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42
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Bitcoin / Bitcoin Discussion / Re: No..Craig Wright Was NOT Named Bitcoin's Creator
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on: December 07, 2021, 09:57:49 PM
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People still read this news articles? In this day and age, we don't see any journalists that delivers the truth if it doesn't further their own agenda so I don't know why people still read this articles, this is a bait title so you can be intrigued and click their article and read it, it is intended to be misleading.
Well, news outlets are all about headlines. It is their bread and butter!!! It is all about grabbing attention, getting people to read these ridiculous articles even if they're often biased, misleading and not representative. Seems to me that if you've been around long enough you understand that what media says is not exactly true, and this is no different (though, I wish more people were using their heads and not believe everything they read)... In this case, of course Craig hasn't proved a thing and never will. We all know just how simple proving ownership of Bitcoin is and yet this had never been done. |
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43
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Economy / Gambling discussion / Re: Jake Paul vs Tyron Woodley 2 - December 18
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on: December 07, 2021, 09:13:27 PM
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I've read an article that Jake Paul offers another 500 grand If Woodley can knock him out.
The dude really knows how to sell a fight lol.
After being in a few, he got the gist of it. He's always been that confident and to be fair to this day he delivered, so there must be something more than luck. As for my prediction this time with Woodley, Tyron is a tough one and this may be the end of Jake but we'll see. I do think to this end, he previously only fought people with less of a maintained body but Tryon seems to be another matter altogether. We'll see but I fear this may be the time when the tables turn on Jake. Any takers on this? |
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44
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Bitcoin / Bitcoin Discussion / Re: People say its ok to lose in crypto and btc but here is important message to all
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on: December 07, 2021, 08:11:40 PM
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But people who created bitcoin and crypto.
You should know one thing:
We dont need to be in crypto if too many problems like hacking ...or usdt frozes..wich never happened at least with me or friends.
Also they want to start the sec and goverment with DEX exchangers....
Also kyc...regulations
If too much heache start coming out of crypto then solution is simple:
We dont need crypto then we can leave crypto if we dont get profit but only pointless problems.
I can and many people can leave crypto anytime its not a problem.
So sec fed and goverment and banks wall street and all the people who created crypto for us.
Please stop f ...around !! Or you lose people.
I dont have to be in this im here until it works until no $$$ of crypto but it will only takes my $$$ then crypto is not needed.
We lose money here when whales pump or dump markets when u try to short it goes up when u try to long it goes down....thats all ready too much stress for traders so if the wall street and govement start making bs we can just leave the crypto.
And if we leave crypto whos gona feed those grayscale and micheal saylors ??
So here what i say dont kill the cow take just milk im fine with that wall street milking me .... but if you going to kill cow with all those pointless KYC rules tax rules regulations .... and stealing from COWS by saying...ouu your USDT just got frozen...lol then what you guys do at the wall street?
So the point is there so much all ready bs around the world lets not bring and not justify the bs things.
The second thing if goverment...start f around here too much then wall street who owns goverment and everything will start asking questions ...like hey goverment ??why do you try to kill our casino here =?
If those problems what i said will continue to exist then crypto industry will die soon.
We stay in this only if more f..around dont come in crypto.
Who is this "we"? You seem seriously anti-crypto but only out of your own greed. Must agree with the above because despite the volatility certain strong coins are still worth holding, and being an early supporter of these coins will certainly protect you against these relative fluctuations because you'll be well in profit. One of the main reasons people tend to lose is because they're new comers with the wrong ideals - and that is that in crypto money just come to you! Of course this is not correct, as it does require a lot of DD, patience and time, all of which greed does not align with. So bottom line is if you're greedy you're playing with fire! You speak about things like regulators taking action yet don't understand that the average user here has zero control over that. Such a poorly thought out idea all round.
To be frank and truthful about the regulation statement @Fortify is right, regulatory measures is something none of us individuals on here can control. While this is the case, in the large scheme of things there has been really not that much regulation - you can still decide where to trade, you can still decide to KYC or not, it's all about being knowledgeable about the space. In the end, regulatory measures do need to be put in place because only then we can achieve that wider integration to the real world, that bridge to traditional fiat service providers, and so far we've all but taken baby steps... |
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45
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Economy / Trading Discussion / Re: Weekend Trading, how do you feel about it?
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on: December 07, 2021, 06:41:25 PM
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Cryptocurrency trading is open 24 hours non-stop and non-stop unless there is a disruption that causes trading to stop.
Trading at weekends is not something most full time traders do. Simple because they too need a break and weekends are best for that because friends and family outside crypto will also have the time. The main bonus of crypto is that indeed the markets are open 24/7 and many can trade non-stop, some are but I see a lot of people which unless something massive is happening in the markets they're happy to take some time off to recharge. Weekends can sometimes feel a little slow also |
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46
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Alternate cryptocurrencies / Altcoin Discussion / Re: What should i buy?
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on: December 07, 2021, 03:16:39 PM
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We all know that market is collapsed and reviving again and i don't want to miss this opportunity which coin or coins should i buy?
With this type of question you'll surely get a lot of biased answers, so pls make sure you DYOR. As for what you can invest in, it depends on your strategy if you'll be going in for the short-term or the long-term. Short-term is harder to pick the projects but some great altcoins so far that. have been resilient to the market down have been Luna and Avalanche. Metaverse and game tokens are obviously pretty hot, so if you can find a good one that works for you like Genopets, GuildFi then go for it. Long-term is where the guessing is easier because you'll be looking at coins with a real history, coins like ETH and BTC have never disappointed |
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47
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Economy / Gambling / Re: 💥🔥Fairspin.io🔥💥 | Blockchain Casino to Play🤩 & Earn🤑
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on: December 06, 2021, 11:47:48 PM
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Hey folks! Thanks for your interest and lots of questions here! Let's start with the question re TFS token. So when are we planning to list the TFS token? - soon. Now the TFS sale is getting closer to its end. The next step is listing. You still can join the Play to Earn or Hold to Earn program on easy terms. It is better to read all the details on our blog As I promised before we will share the WP as soon as it is ready. We are finalizing it now. For those who had some interest in the TFS Token! The Whitelist for @TFSinfoToken is live on @TruePNL🚀🚀🚀 https://launchpad.truepnl.com/whitelist_project/15💥 WL open until December 13, 2021! So do not miss it! Mate the link your posting supposedly for the TFS token whitelist is wrong - it takes you to another token truepnl which has already been launched  Not sure if this is a mistake or deliberate... If indeed there is a TFS sale before rushing into it I urge people to think about the TFS utility? Is there really a need for a token when the casino managed without one? Or is it for the sake of it? |
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48
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Bitcoin / Bitcoin Discussion / Re: What happens to my Bitcoin when I die?
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on: December 06, 2021, 11:43:10 PM
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If I die (let's be honest, that will probably happen), would my wife or family get my coins? What if they don't know my passwords/private key?
Then let them know while you are still alive. Recently, I saw an interesting project preposition for exactly this scenario. The project's idea was to create a certified testimonial in the format of an NFT so much like your will in the form of an NFT. The concept extended beyond crypto assets to real world assets but my concern was around the KYC issue and the idea that if people wanted to pass on their crypto assets they'll need to provide their private keys - the solution wasn't very clear to me but it included encryption and notaries etc While this idea remained as just an idea (to me), if the two concerns of identity and private seed sharing are somewhat solved, essentially we'll be looking at a least a few million dollar project value preposition idea. That will solve these inevitable questions. What are your thoughts on this, would you trust third parties with your seed before the encryption process? Will you feel confident to provide your KYC? |
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49
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Alternate cryptocurrencies / Altcoin Discussion / Re: Staking usdt off exchanges
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on: December 06, 2021, 08:19:23 PM
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I'm looking for a way to stake stable coins like USDT or USDC off any cex exchanges, I know binance exchange allows staking usdt on its exchange but I don't want to stake mine on exchange but straight from a wallet that has private key instead, anyone familiar with any?
No not possible but you could add liquidity to curve and other places though this is not exactly staking and the pegging is not the most accurate. Meaning that depending on which way the pool reduces you could end up losing (as well as earning) something quite different from staking whew you just earn tokens on top of your original ones. I don't recommend using any before DYOR, especially since pool liquidity can be a little tricky to wrap your head around |
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50
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Economy / Gambling / Re: 🚀Bitgame.com|🔥LUT Lightpaper is Launched|⚡️Crypto Betting + Weekly Divs|⚽️🎮
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on: December 06, 2021, 05:12:48 PM
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The campaign is over and OP is not updating the thread or even bumping it, I hope the promotion helped the casino to increase their members and profit, I don't see this token becoming the next BFG, they should create their token in BSC chain to avoid the huge fees, withdrawal and trading of LUT token if ever in decentralized exchange will incur huge fees.
With the fees being so high, I think every team should reconsider deploying their contracts on much scalable solutions like BSC As to the future of the LUT token, it may be fair to say that when the market is exposed to this much turbulence the future value of new tokens can be damaged. Considering the reduced engagement with the community the likelihood of the token success isn't that high, but maybe there's still time for a turnaround of events... We'll see but the team does need to step it up |
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51
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Bitcoin / Bitcoin Discussion / Re: Reasons why I prefer Bitcoin over any other assets and dips don't panic me....
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on: December 06, 2021, 02:44:36 PM
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However, regardless of how promising bitcoin is and how high its value can get, we should also consider the risks involved and how bitcoin as a currency cannot survive alone without alternative currencies (fiat). And storing all your funds in bitcoin is not feasible as it is not universally accepted and transactions are not instant.
That's very unfortunate but true. Btc still need fiat i.e. usd for measuring its value. We still say 1 btc is 50k usd. Btc is very much popular in its community but its adoption at mass level is still very slow. Gold is old and matured market as compared to crypto or any other trading market, thats why it has more investment. Crypto is progressing but its a long journey. Totally agree. Bitcoin is having a massive impact and creating a huge ripple in the financial filed but we still rely on fiat for this growth. Because of this we can't yet truly decouple Bitcoin from fiat but the way things are going, at least gold is no longer the go-to commodity and asset to hedge against inflation - Bitcoin is! While the journey in terms of wider adoption barely begun, it may be safe to say just like the tile of this post, that holding for the long-term might be the best passive investment one can possibly make. So in a market like today, we may think of acquiring BTC at a discount  |
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52
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Alternate cryptocurrencies / Altcoin Discussion / Re: We need this fast stablecoins debit card.
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on: December 05, 2021, 11:15:13 PM
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Well, what's the point of having credit cards if there are no physical shops to shop at?
While there are several online stores where stables as well as crypto can be used as payment for goods and services, there's still is a long away until stable credit cards will actually have any utility - until then there's no point in having one.
The crypto markets are way too volatile, and unless there will be an intermediary, there will be no much of use of credit cards in the way of stables because no places will be able to entertain that system.
Alas, I feel confident that with time, greater integrations between the crypto and the outside/fiat world will enable for a smoother transition between the two finance systems. We only need to be patient, and watch the crypto grow to bridge the two parallels
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53
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Bitcoin / Bitcoin Discussion / Re: Bitcoin - Is HODL the only strategy?
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on: December 05, 2021, 06:49:50 PM
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The difference between Bitcoin relative to the other cryptos is yet more apparent from the context of long-term value extraction by way of a yield. Unlike, alts where DeFi plays a major role in the utility of tokens for financial benefits, staking and what not...
Having said that, the long term holding of Bitcoin should in itself be a rather nice reward. However, while there are no staking per se there are place where you can earn passively on your Bitcoin holdings. Several exchanges provide this ie. Binance as well as institutions that deal with digital assets i.e. Nexo
So there are options it is a matter of choosing your risk level
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54
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Economy / Gambling discussion / Re: [BOXING] Logan Paul vs Mike Tyson
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on: December 03, 2021, 10:43:01 PM
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To be honest, by the time the fight happens, Mike Tyson will be around 55 years old. Although he was an absolute beast in his prime, he's still just a shadow of what he was. Even at the end of his professional career, when he was in his late 30s, he was getting beaten by men he would have KO'd in 1 round. I think Logan Paul has a slight chance if his defense is on point. Let Mike Tyson get tired and try to KO him, and then turn the tables in the later rounds to win on points or potentially KO Tyson in the later rounds. That said, that would require some serious defense from Paul, I doubt he would be able to take Tyson's attacks for several rounds until he gasses.
Overall, I'd say LOgan Paul has around a 25% chance of success if this is his gameplan. He certainly wont win a firefight with Iron Mike that's for sure, idgaf how old or slow he is now.
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55
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Bitcoin / Bitcoin Discussion / Re: Crypto Community is Lit
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on: December 03, 2021, 06:32:39 PM
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His statement here: "“Believe me, the people who are creating cryptocurrencies are not thinking about the customer, they are thinking about themselves [...] I want to make my money by selling people things that are good for them, not things that are bad for them.”
purports a genuine concern for the customer's interest that is supposedly absent in most of crypto. I don't think this can be disagreed to. Most crypto is indeed about making money at the expense of your buyers. This doesn't mean that people aren't genuinely trying to make useful products. I agree that the above is not entirely inaccurate. There are many people who use crypto as a way to scam others, with a token without an utility and relies much on community support - sure you can't deny that. But there are also so many good projects out there that are a real breakthrough all the way from finance (i.e. Orion Money, Anchor etc) to NFTs which are still maturing into something of real value. While there are concerns about the feasibility of most of these new coins popping out from anywhere, there are also though on the minority part that truly bring power, utility and transparency to the user in way never thought before. |
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56
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Economy / Trading Discussion / Re: What did you learn about crypto trading?
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on: December 03, 2021, 06:06:11 PM
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To probably not do it? Kidding aside, it has made me realize the value of money and the fact that trading kills you of your wallet quite fast. I've learned how to manage my losses and how to allocate my budget for my assets as well as how to manage them properly (I hope I am doing this properly). Pretty much learned all the hard facts about trading and about losing money. I've long left trading and just started hodling since, after almost a year of trading, I already realized it wasn't for me.
I'm certain that the few points covered here resonates with most traders. Of course, taking losses and dealing with them is part of the journey, but what keeps us going is the fact that you can find these little patterns or points that to you look clear as day that it is time to buy/sell - the joy of having that knowledge is amazing, not to mention the reward/s that comes with it. Overall, learning points have also been not holding for too long, waiting for certain news and conduct DD as hell, plus spending a great amount of time just researching the markets - all that takes SO much effort but as often it turns out that these efforts are rewarded. |
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57
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Alternate cryptocurrencies / Altcoin Discussion / Re: By holding stablecoins, you earn a steady 5% per day
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on: December 02, 2021, 11:57:32 PM
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That's not 5% per day.
That's too good to be true if there are platforms that offer that for real. They're per annum.
I was about to say the same thing. Very few platforms calculate their APY per day, unless they have a calculator but usually this is per annum, and still 5% per annum for stablecoins is still decent. Much more decent than what Binance offers but in the end it's all about risk tolerance. You can get higher/lower APY for your money, it all depends on how much risk you want to take for that yearly interest. If you look at Tranchess Protocol or other DeFi protocols the APYs are much more attractive than what an exchange like Gate or Coinbase can offer. In the end, it is up to the individual and doing what feels safe for them. In a way, we are fortunate to even have this choice  |
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58
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Economy / Gambling / Re: Dice statisctics & launching new casino
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on: December 02, 2021, 09:41:59 PM
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Hello guys!
My partners and I are about to launch our own casino, and any of your advises would be extremely useful for us.
Being right in a starting position we care the most about a conversion, and have some doubts about whether our targets are achievable or not.
For instanse, we've analyzed a statistics (i.e. from dicesites.com) for the last year and found that some of the indicators reached their highs and started to decrease significantly since September 2020.
Actually the situation is quite similar for several casinos, so we afraid that it can be a result of a common market condition. For instance, daily bets fell sharply both for bastadice and yolodice, and the last one closed altogether.
So what are real figures in this sphere? How many people play in which casino? What's the average amount of a bet, how many bets does an average player make?
We are looking for people who are really qualified and experienced with launching and/or operating casino. Even though we are limited in our budgets, still we are pretty sure that clear understanding of the real situation and qualitative consulting are the keys for our success, so should you decide to help us - we are happy to reward your time spent for us, in so many different ways.
BR
Let me start with you should hire someone who's native language is English so they can proofread anything you're going to post. Lot's of sites noticed decreases in betting due to an increase in btc price. I had a few conversations and came to the conclusion users we starting to trade more vs gamble. With btc now on the decline, users may start to gamble a bit more. Well, there's that - the sentiment change in line with market changes, you can't do much about that. But I think what's more important is to think about how you can be different, and who your clients will be. This may be part of that research but still before doing/building anything you should have a clear idea of what makes you unique above all the other casinos. Otherwise, you'll just be another failed casino... |
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59
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Economy / Trading Discussion / Re: What do you think about staking?
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on: December 02, 2021, 06:40:16 PM
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I know that platform but don't visit it most of the time. Staking is good if you're too passive and see the profit from it as reasonable. But if I'll be staking, I won't be staking there.
I view staking with the same eyes. Staking is a good option for people holding certain coins for the long-term, and of course it depends on the APY you get. As much as I enjoy staking, I do try to limit myself to the very big exchanges/platforms as (in my view) they'll at least have more power if things are to go south. The short term vision + staking is one that can work out very well, especially if you're allowed to unstake at any time without any penalties. Either way for those with some risk appetite it can be a nice way for passive earning. |
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60
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Economy / Invites & Accounts / Re: Stake : Selling Platinium V account
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on: December 02, 2021, 04:57:07 PM
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Be careful on buying accounts like this everyone, as what I know selling Stake account is not allowed on their website if you were caught buying accounts or an accounts was change hands I think there is a high possibility that your account will be banned and the funds will be confiscated.
It is a risky move indeed. Why even post on here about this, surely OP would have predicted the eyebrows raised? Sounds scammy, stay away unless you want to run in trouble down the line losing access to your account/funds and be banned. EVEN if this is all legit, why would anyone be willing to take the risk? Beats me... |
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