Hello guys, as an attempt to protect new or old users on this forum , I think its mandatory for gambling sites to show proof of money they are holding in reserves . Unless casinos converts all deposits to a stablecoin , excluding UST hahahah , from year to date most of them should be running on a loss as most utilized crypto coins are down by atleast 65% and that includes Bitcoin .
There will be more and more accusations created to existing and also new casinos.
Goodluck,Be safe and smart out there!!
Many old and trusted casinos already have the option that shows the max bet when we try to bet a huge amount. This determines that the casino won’t go bankrupt when people bet high. So yes if you are playing in a good and reputed casino, then definitely they gonna warn you before you suck their balance. I don’t know about these newly launched casinos. But yes old casinos like Stake and Bitsler they do have these options to see the max bet you can make. Hope this clears your worries OP. Exactly, and to add, a casino like stake, from my own personal assumptions can never go bankrupt, (or let me put it in a better way, because I know that in this space, anything is possible) it will be very difficult for a casino like stake.com to go bankrupt due to a user winning a huge amount. This is because the casino itself is already very big and one of the most reputable out there, and also the measures they have put in place will ensure that a user winning will never cause them to go bankrupt, if a casino like stake ever goes bankrupt, then know that it's not due to user's winnings, but some other problems internally or externally. So if anyone fears that the casino might not be able to pay their winning if they won big, then just avoid smaller casinos and stick with the big reputable ones. As long as you're playing with reputable and big casinos with high trust rates, you shouldn't fear that they will experience bankruptcy during the crash. I'm sure that they already know how to deal with every market situation so it isn't a big challenge for them anymore. The possibility of bankruptcy is bigger with small-time casinos with not much experience dealing with the bearish season. Come to mind off that there are lots who had able to withstand those previous crypto winter which they are fully aware on how this market behaves which it would really be just normal that they would really be just continuing on operation since they do know that in every crash, there would be recovery and change of trend.As an owner then you are really that been prepared because this market is volatile in the first place.You are fully aware that you couldnt really have that fixed revenue if we do talk about fiat value because it would really be always moving on. |
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I got your points straight. You were trying to say that the higher your trading capital, the higher your chances of making more profit and with more profit, one would have the patience to watch the market and be certain when best to strike a trade.
I totally agree with you on this regardless of your science of the human brain because Iearnt this theory of increasing the trading capital to maximize profits myself and I can attest to it
The points raised by OP are definitely reasonable but it is easier said than done. Remember, if you trading with a huge capital on the market, the slightest increase/decrease on the price could mean a gain/loss of hundreds of thousands on your part. If there is one thing that I learned in trading, it is that you should never become too greedy on your portfolio. The longer you hold the profit, the more chances of you gaining a loss due to the volatility of BTC. Maybe another point that should be raised is that trading requires patience and knowledge on the market. While it definitely has the potential of earning thousands of dollars in a short amount of time, you should never be complacent every time you trade. Just bare in mind that you shouldnt really put up some stop loss if you dont like on getting liquidated as you could really still be having that negative profit which you could still potentially able to break even once the market do make out some recovery or having that change of trend.Dont really be that impatient one who do really make out decisions basing up on your recent emotional burst of feelings. Always be wary of your actions and stick out into your analysis.Make out some adjustments if needed and the last is that dont make yourself greedy. |
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A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. He also asked everyone to be patient. It means that the future of BTCL is very bright and its price will increase. We are all waiting for this winter to end and the market to return to its previous form. InshaAllah the price of BTC and digital currency will return to the previous room thanks
Bitcoin future isn't associated with what Elon musk thinks, his influence is on dogecoin and other altcoins but not with Bitcoin, therefore he should keep his opinion to those projects that he has influence over. Bitcoin has a four year cycle that it'll stick to as it has done in the past years. We just have to be patient enough to wait for the bull market to return and enjoy the profits that comes with it. No market goes down forever and neither will the cryptocurency market. Elon musk has tired severally to manipulate the Bitcoin market but he find that hard to accomplish as Bitcoin has more mature investors than altcoins. Altcoins has lots of emotion attached to the project which make it vwey manipulatable but with Bitcoin, it's different and neither Elon musk or any other influencee can manipulate the market with just tweets But we cant really ignore that possibilities that he could still make out some good drive or positive sentiment towards Bitcoin on the time that he would make out those kind of words. Some might already had been able to get used to his words and just simply ignore out which we know that he had some bad reputation when it comes to manipulative acts that he had done in the past. Everyone does have the freedom on talking on what he do thinks about bitcoins price in the future.It is really just it turns out that it is a bit significant since he's a popular personality but in overall which his words cant really give out assurance that it would really be happening in the future.This is why its never been that solid for you to rely on what others been saying when it comes to your investment decisions. |
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But regardless, it was really good to see Manny and DK being chosen as his first exhibition opponent. So that's already a big money coming for him and maybe DK will still continue to fight in exhibition matches in the future, at least to earn some good money for him.
This will make him popular because he is fighting the only 8th time division world champion. Winning the fight is not necessary, but at least he just have to give his best to make it an entertaining one, it's just an exhibition game but it needs to be a clean fight where we will see a clear winner. That's right apart from this the exhibition fight is for charity purposes. I am a Pacman fan and I miss seeing him box again, for me seeing Pacman back in the ring is entertainment in itself. After Pacman retires, Pacman fans will surely miss seeing him in the ring and in action again. And I think for DK this fight will definitely boost his popularity on social media. And what's more, this is a very rare opportunity for DK to fight one of the Pacman boxing legends. I'm interested and can't wait to see how Pacman and DK will provide entertainment during this match. Or how they would be simply dancing inside the ring?  Exhibition matches are really that intended to bring up some entertainment into boxing fans and its true that this one would really be a good opportunity for Yoo on boosting up his popularity which it would really be a win situation for him not inside the ring but getting or hooking up people to know about him. Im not even hearing up his name until Pacquiao did really decide to have some exhibition match against him. Im not really that having doubts on whose gonna win.Just wondering on how long he would be lasting out? |
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This is due to what happened right? I think there's no need for exchangers to show their proof of reserve to their users. What I'm thinking is agreement between exchangers and users that one's negligence has a counterpart;if it is the fault of exchanger, it should pay the losses of the user but if it is user's negligence with regards to his profit loss, exchangers has nothing to do with it. Quite one sided on impression right? but users doesn't need to pay the exchangers unless they would complain of something and if it is proven user negligence, that would be the time they should pay the exchangers. In this case there would be more sense of responsibility with each assets. In terms of land based banks, there's an agreement that no matter what, they should pay atleast half of the users' asset if they'd be on bankruptcy; this is the idea I am trying to point out.
For sure it is really pertaining on the current issues or situations that we are in when it comes to exchange platform issues and disasters where people been asking out about proof of reserves. Actually we cant really be able to determine even if they do tend to do so.Why? monitoring transactions with those wallet addresses cant really assure about incoming or outgoing big transactions which it is really hard to point out if its just a simple whale withdrawal or someone whose been part of the team is doing such thing. There's no way on tracing it out.Somewhat having this kind of proof does really give out that kind of transparency which would give out some confidence. |
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Anyone out there have words of encouragement regarding the future of crypto? Anything the future holds to look forward to?
See this as an encouragement, as along as this forum exist, and there is a strong community behind cryptocurrency particularly bitcoins, crypto will keep surviving. Whatever dissapointment that you are facing with cryptocurrency, console yourself with the knowledge that you are not in the only person in this situation and although some people have quit cryptocurrency, some other persons have stuck around and are going nowhere. Lots had get stuck Lots had lost their money Lots are holding negative Lots are losing their confidence and trust in the market Its true that you arent the only one who do experience this.Lots had been on the same situation which its better to make yourself that aware that in every bear market, there's always a bull one afterwards.No one knows on when it would be happening but its sure that its up there. |
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Ecuador - 2
Qatar - 0
I guess that tells us that the rumors of bribing were just meant to discredit the host and event unless they suddenly start scoring 3 goals in 10 to 15 minutes. It's really hard to think any country would allow themselves to be tainted on the most prestigious tournament in the world.
their scores do not really prove anything. As I said before a proper investigation should be done because despite Qatar losing in the opening match there is still a chance that the players of Ecuador were tried to be bribed and are telling the truth and if found that they are telling the truth appropriate actions should be done. but if they are found to be lying they should be found accountable for possible damages that were done because of the rumor. The score indicates they're not throwin away a game. It's the World Cup and not some unknown league or competition. They cannot throw a game that easily and not be suspected. Each participating country knows and understands the severity of the punishment for match fixing or bribing so it makes no sense for Qatar to make such offer and face a huge penalty after spending so much for hosting the event. Qatar bribed the the 8 players and lost the match - who is spreading all these rumors? There are so many controversies and there are so much going on in the stadium will be the biggest memory of the world cup for sure It would really be raising lots of questions on whats the motive on spreading out these rumors? Some are saying that it didnt really happen because it was been bust up which they didnt really let it for it to happen. It would be the biggest issue on where on attached on WC.We dont actually know on whats the origin of this rumor which is really that something a very bad thing if it did really happen. Comparing both teams then you could say which one is strong and which one is not.It would really be raising eyebrows if Qatar did able to beat up Ecuador. |
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Experts have got different prediction about the market. If the FTX issue haven't come, we could've seen different market situation. For now slow and steady growth could happen. As most users mentioned, we can't predict the bottom price of bitcoin. It is good to move with the market and make use of the opportunity than getting greed to invest at the low bottom. Possibly such thought could end-up missing opportunity to invest at the right time.
We WOULD have seen a different market situation that is without any doubt. No experts or speculators looking at the charts could have predicted this dip because of a exchange. This is why I do not believe in the charts or the cycles that some people talk about because you always have these problems that pop up. If we do not have these bad news every couple of months Bitcoin would probably go on a big bull run but it seems we always have problems which go on the news and causes panic among investors. Experts on the sense that they do know on how to draw up technical indicators and able to read up on what do indicates but no one could really know if it would be that precise or not. This is why we do call it a very speculative market on which there's no way on identifying which one is bottom and this is why we do really keep on speculating on where it would be dropping the lowest price as possible. When we do talk about bottom then its a never ending or endless kind of question once you do get deal with this market.This isnt something that you could really guess or precisely predict on where it would be heading. |
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I feel very uncomfortable now, my income is reduced, my life is getting more and more stressful, it is hard to be happy, the coins in my wallet are also falling, I have closed my physical store, and I don't know when the economy will get better.
This is pathetic and downcasting to hear but you are not the only one in this and that is one thing you have to know. The world is getting more difficult to live in as poverty is causing frustration and depression all over the place. People are taking their lives by themselves and that is the effect when someone can't survive this hard times. As for cryptocurrency and your hodlings, I hope you know that there have been prediction for more bear for bitcoin and if that happens, you know the situation of your coins will be more affected. You could either peg them with usdt. When you are on a situation where you are really that down neither on your physical business and your online assets neither of the markets including crypto then this is where emotional handling would take place. Yes, its never been easy to deal up when emotions gets already involved this is why you should really be that mindful on what are the things that you should gonna do instead of panicking and freaking out. Sustainability is what we do really mind off, this is why on the time that you are making money then its always been ideal on making yourself to invest into other things or simply finding other sources of income so that you would really be making yourself that prepared. |
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fortunately I was cured of my gambling addiction when I was young. remembering the past, before I almost got fired from the school for using school money for gambling and selling my mother's necklace gold for gambling, that was my worst period
Gambling is addictive, so if you feel you have a tendency to become a gambling addict, you should immediately consult a psychiatrist so that it doesn't get worse
Doesnt need for you to have some psychiatrist directly considering these things arent cheap since you could eventually solve addiction on your own but there are people who do really fail up on doing so. This is why it do really ends up on a disaster since they dont really have any choice at all, if they are fully aware that they are already doing things which isnt supposedly to be done. Addiction could really mess up someones life which it would really be devastating if things becomes even more worst overtime.Playing gambling isnt really bad but everything should really be on moderation so that you wont be finding yourself to be that addicted. |
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^Same question on that dude above, on how long you've been gone on this space? We could really say about potential of Bitcoin but its true that we've been able to go back into those 2020 prices.Good for you op that you had able to sell out on those good price point and leave out the market for some time.Just as the suggestion that it is the best time to fill your bags again. Just to highlight some major news for this year. https://www.analyticsinsight.net/top-10-remarkable-crypto-exchange-hacks-in-2022-so-far/Not might that complete and including that current FTX issue.Then it do really sums up. |
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All the people saying hold it will go to 100k next year are the same people that said it would hit 500k when it was at 60 everyone thinks there a expert when in reality no one knows what's really going to happen its a gamble. Always invest those which you can afford to lose.
I think we have to start being realistic and don't have high expectations so as not to be disappointed, the crypto market is really unpredictable and even if we have done some analysis and research it is not a guarantee either, we'll see what happens next Precisely, don't make that kind of expectation if you are not willing to wait for much longer time frame, we all know that there's still a lot of time that we will see the market to its bull season and we will see new ATH but without that kind of mindsets, you will be shaken by every situation that may happen along the way, better to be realistic and start planning your investment either with short ride or make this as your retirement assets. All will be depend on how you will do your research and how will you support any project that you choose for your investment. If you dont have the patience - then dont expect for bull run or recovery If you dont have that trust - then dont hold for long term Plans could really be different to each other since we do have different targets or goals in life then decisions will really vary. Some had already anticipated that this 2022 would be good but it turns out that it is really not that on what we are expecting. Well, market is truly unpredictable and there's no way that you could really be able to know on whats ahead. |
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Is it possible to stick with free spins on online casinos and still be able to make some good reward?
I am looking into the free side of things, no risk at all with free spins but the question is has anyone ever make something out of free spins before? Something reasonable at?
The last time I earned something free from gambling websites was when BTC has very low value and many faucets still run, that's couple of years back.
Which gambling site will allow you to do free spin forever? The only site which comes to my mind is freebitco, but that only offer unlimited faucets and not free spins. Most of the sites will want that you deposit and wager if you want to withdraw any amount you won through freespins. I think free spins can be used to test the site but if you are a regular gambler, free spins will not meet your gambling needs. This do really shows up that some people do really make out some similar impression or definition in between faucet and freespins. lol Gambling sites arent charities which does give out unlimited spins or whatsoever.If they do then expect that they would really be setting out huge wager requirement which we know that majority of players would really be fucked up easily and the worst where they would really be making deposits because they are on rage on whats happening with their losses with those spins. This is what casino do really likes this is why you should really be aware at least on what you are doing. |
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I don't mind daily volatility but I do prefer and want it to be stable in price from hour to hour, that's for sure. So that when I'm playing in a casino or paying for something, I know the value of the BTC is going to be the same and meet either my wager requirement or my payment requirement.
Usually paying with processors is ok as they fix a price for like 5 minutes to make your payment.
But 1 Bitcoin deposited anywhere has always been the same 1 Bitcoin, only If you are talking about it's price value which always have a slight difference at that particular moment. However, in this scenario, the best solution to this will be to increase your transaction fee, because the higher your transaction fee, the faster your transaction stands to get confirmed on the blockchain, so as the avoid always getting less deposit as before. 1 Bitcoin is still 1 bitcoin only for long term investors but for traders I don't think so, people will always look at the value of USD. Or people who use bitcoin as payment method will also always get annoyed when bitcoin price fluctuates and that's also why I don't like to use bitcoin as payment method. Honestly, I like the volatility of bitcoin if it becomes stable maybe more investors will leave bitcoin and me too. We are here to make a profit, when there is no profit people will leave. Cant really ignore that people would really be that minding about fiat value even we do say that 1btc=1btc but cant really just that ignore out that we do really got interested on making money. This is why people do prefer on moving prices because we cant really deny that volatility could really make out some money and on the time that we would be seeing its stabilized price then this is where people do lost up interest and would find out another things which is volatile because we cant really deny that we are really that interested into something which we can make money and into something that we wont then it is really something that turns off. |
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While I would agree that now there are plenty of metrics pointing to now being the time to buy, it’s important to remember that things can always be different going forward. That being said, I think now is a great time to be dollar cost averaging your way into crypto with small weekly buys. Keep it up for a couple of years and you’ll most likely be well rewarded when the market turns back upward.
Well said! Not all things happened in the past would eventually be happening in the future.We might be seeing similar behavior or patter but doesnt mean that it would be 100% be happening in the future. This is why people should really be realizing about the certain risk when you do make yourself so sure about those ATH movements which its never been a guarantee. Always set or take precautions when it comes to your trading decisions specially on buying entries.Dont make that all in kind of behavior or always having that risk management always intact. |
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Do you agree that we cannot stop gambling because it completed all our emotions and do you have other feelings when you gamble.
Funny thing is our emotions and not logic is responsible for most of our gambling behaviours and addictions. It plays a huge role. To be able to control our gambling, we need to understand the other factors involved. In my estimation, I believe that experienced gamblers do not have a depressive feelings when they lose because for them "you win some and you lose some". When you do already have the good control of your emotion then it would be getting in line with your mindset which you could able to control on what actions you should make. On the time that you had sufficient experience and awareness on how gambling should be handled on then you wont really be making yourself get that addicted to it too much. Speaking about emotion then we do really have lots of mixed emotion on the time we do gamble not only that thrill and anger but also happiness and joy specially when we do win up certain bets.This is where some people been looking for is on that they do really been entertained. |
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Or you might choose to relax your mind and look for work again after a while.
Do you have better advice for work?
"choosing to relax your mind and look for work again after a while" is only for those who are single and without any responsibilities or for those who have savings that could sustain them for at least six months. The times we live in now is not one where one should be without a job or a source of income. Doing so is dangerous - depression and suicidal ideation would quickly kick especially when you can no longer afford the basic necessities of life. This is true but if you are a family man or does have responsibility on raising up your family then you cant really be making yourself to be relaxed but rather you would be finding jobs as possible as you can. You cant really be making yourself relaxed on situations like this, unless if you do have business and other passive income which could really sustain the needs of your family on day to day living. But if not then there's no way that you would really be making yourself to be having that kind of mindset.This is why always set out back up plans because not all things remains or being permanent which risk could really be always there thats why it would really be just right on having this kind of preparation. |
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My worst crypto experience is to trading on Future Trade..
If the number of unprofitable trades exceeds profitable ones, then it is obvious that you are misjudging the market situation by opening positions in the wrong direction. In addition, you also need to set the stop loss value correctly so that your losses are not so large. This is where learning and realization do comes in.I did really make out the same mistakes and then later on which i do try out some reversal on how i do make my trades. It did really make out some significant changes if we do talk about profitable trades but still not that precise on what we called sustainable thing but making profit is something more better. It do matter on how you do deal up with the price volatility and of course with other factors like setting out prices on when to get out and when to get in. Short or Long decisions might be just only two option but choosing one would be the most hardest thing to be done. |
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~
If you trust your bet and you know there are bigger chances for it to win, then trust your own instinct. But never expect from it too much as gambling is still a game of chance and luck. However, if you want to lessen the risk of losing, then do cashout when you are already in good profits. After all, even small amount is still considered a profit. When you do make yourself get involved with gambling then you should really make yourself prepared to gamble literally.Its a matter of choice honestly and since its your money that had been used or bet up then it is really on your total control whether you would really be cashing out or would really be waiting until the end of the game to know the overall outcome.There are only two various situations that could happen whether it would be a win or loss.This is why making yourself that prepared into those condition and if you could bare up that influx of emotion then its up to you whether you do ensure profits on mid way or would go push through all the way. |
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Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.
We really don't know what will happen next, after FTX there are many fearing investors and traders who panic and create more downfall. Just like you said, hopefully nothing more will take place after that week and we will be able to see some good news back to recreate good market bounce, as of now, there are still chances that another fuds will show and weak holders will be shaken. People should really avoid that kind of mindset about thinking that this bearish news and negative ones are really that over.This market could really be having that endless possibilities when it come to news whether it would really be that negative or positive.No one really knows on what would happen in the future next this is why it would really be that right that we should make ourselves prepared on whats upcoming because we dont really know on how this market behaves.Lots of factors and things that could really affect out behavior or the price movement which we should really be that thinking on how to deal up with things. No one knows and that the only thing that clears when you participate in this kind of business, buying now, won't assure you that you will see good bounce and you will be compensated. Downfall is still possible as the market activities continue to rely on how investors and traders will interact, either they will take the opportunities to buy and hold, which can help the market to regain the support. Or, they can sell out and help the bear to make more damages in terms of price. This should really be bare out on someones mind considering that everything could really happen which there are even instances on which you cant really be able to avoid out that on the time you had bought in then the price had suddenly dumps down and on the time that had sold then the price shoots up even more which it do really leave out that kind of frustration deep inside which it isnt really that something that can be avoided and this is why its important that you do make yourself that prepared most of the time. Downfall could really happen anytime and you should really bare it up into your mind so that you wont really get shocked. |
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