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1  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: March 04, 2023, 04:25:12 AM

As a coach, Erik Ten Hag has done a great job so far and his performance as a coach is impressive. Compared to other similar coaches, he was able to make a big impact on the team very fast after he joined the team. While many people expected Manchester United to perform even worse after Ronaldo left, Erik Ten Hag performed better than fans expected.

Then many people believed that Ronaldo is the one that can make Manchester united perform better, that is why some people were worried when Ten Hag was not using Ronaldo frequently. But to be honest Ten Hag has really work well for Manchester United,  I never expected he can be able to transform the team just in a season. Ten Hag is able to achieve a lot from his team in this short while as a coach of the team, I believe the team will do well in the Europa league.

Ronaldo turned into a roadblock for the development of the entire Manchester United team or even the whole club. The way he behaved wasn't the way Manchester United would like to be represented.

It is good how it is now. Manchester United is an awesome club again and Ronaldo can appreciate the sun in Saudi Arabia. Let him collect another record in that league.
2  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: March 04, 2023, 04:22:34 AM
Biden returns to making policy to send weapons to Taiwan, I read this news yesterday, I don't know why Biden directly load a confrontation to China?, why did Biden ignite world war 3?.

So If you guy like war which make the bitcoin price down or rise to Biden's electability, it's not something good.

It makes zero sense to provoke China now, especially at a point when the Russo-Ukrainian war has polarized the globe. And this time, the US administration is solely to blame. There was no provocation from China. It was the US which started all this drama by sending Nancy Pelosi to Taiwan. China is in a situation similar to Russia. Gradually they are being surrounded by American bases in RoK, Taiwan, Japan and the Philippines. And when they tried to establish a naval base in the Solomon Islands, the Americans went ballistic and sabotaged that plan by threatening the Solomon Islands regime.

I don't know whether Trump would have done any better. But his term (2017-2020) was devoid of American involvement to major global conflicts. Biden came to power in 2021 and all the drama started once again.


Just a short question: how does sending Nancy Pelosi to democratic Taiwan represent a provocation? Where do we democracies end up when dictatorships can tell us where to go and where not?

You know what the wonderful picture you posted shows? That the state you are talking about obviously has elections. Democratic elections. Let's see how many faces there will be on the pictures from China and Russia for a time span of 30 or 40 years. The US citizens can vote. Taiwan citizens can vote.

Do you really think that Pelosi should have stayed home so Xi Jinping doesn't get a headache?   
3  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: March 04, 2023, 04:12:22 AM
and if there are gamblers who consider gambling to get income or money multipliers, it is a sign that the gambler will lose more money and always odds small opportunities that look certain but are not certain.

Well said.
We should put our emotions aside when gambling, because emotions make us lose more in gambling than any other gesture. The guy fell under his emotions to place a bet on 1.01x odds thinking that he could go all in and make just 1% more to manage money for some luxury he could be wanting, which made him gamble his entire bankroll and in the end, he is left with nothing. Now no luxury nothing, but all he's got is his failure. This is not a lesson but a stupidity committed by that gambler which no one should do in their life if they want to be a sober gambler. Going all in on such small odds is very dangerous and can cost you your entire life savings.

Aren't you making assumptions about something OP doesn't provide even a tiny bit of information about? Where do you know what the emotional state of this guy was? Perhaps the guy is saying that then night was the best in his life? Nobody knows what he was feeling and who he is and nothing do we know.
Maybe he won the biggest lottery ever before and had a fun night out and appreciated the feeling that losing 1.4 million USD can't derail his life? That must be amazing to have such a feeling. I wouldn't do that too often though Tongue
4  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: February 22, 2023, 01:58:19 PM
~snip~

I can imagine how a billionaire just wanted to show off being out with friends or so. They might have been talking trash and one guy just said hey let's have some fun, anyone believing that I am going to bet this amount on that outcome? Sure he never expected to lose it, but the thrill is still there for anyone seeing it and secretly hoping that this unlikely event turns into reality. It is not about the few thousand dollars I think. The guy who bet that amount just wanted to show he has the balls to do it. We don't know what the set up was like, whether they are filthy rich, had been drunk or on drugs and just pushed each other to this absurd bet. If it was a billionaire, I am sure he still slept well. 1.4 million dollars is a lot to Elon Musk, but he can keep his smile burning through 200 billion dollars because the share prices fell, I think he could even afford some fun with friends and lose 1.4 million with a chance of less than one in a hundred.
It's interesting that we presume billionaires can't lose that much money. I can only imagine the exhilaration of the gamble. Who would take such a huge risk? Was it a power play or a risk worth taking?

One wonders what drives such a person. Did they have too much money to spend or were they playing a game? Maybe they wanted to win big! It's logical that such a massive stake fascinates others.

Billionaires have human feelings and desires. Losing $1.4 million dollars affects Elon Musk. I hope the individual who placed the bet could do so without any negative consequences and sleep well, knowing they took a risk few others would. But who in their right mind would risk such an amount on an unlikely event?

With all due respect, but losing 1.4 million doesn't affect Elon Musk. I agree that maybe he wouldn't make such a gamble, like playing for fun, in the first place. But losing 1.4 million is definitely not going to affect him at this stage in his life. This guy is making so much fun of the whole world, gambling with Dogecoin, pumping it with tweets, naming his own dog after some crypto if I remember this correctly, etc. He is a gambler and a hard worker at the same time.

Just look at how Musk is making fun of everything, building flame throwers in order to fight the incoming zombie apocalypse. Or this "burnt hair" perfume. I know he is doing limited editions, but still he is investing resources in terms of money, human resources, production capacities etc.
5  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: February 22, 2023, 01:44:52 PM
That is going to help Democrat party seal the future for them as well. We are going to see the whole nation who are against this new Republican party at the Democrat party, not like they were so awesome before, but right now the in fighting of that party made it even worse.
There is also the one where he fell from the bike as well. He is old, he is definitely very old, there is no doubt about that. However, at this point Republicans are a bit more in trouble than democrats about it, why? Because imagine a country that voted for a guy that was too old to do the job, instead of picking their candidate who was on a reelection campaign.

Trump had 4 years of presidency, and yet he couldn't get reelected against a guy who can't even finish a sentence. This is why it's quite important to realize that Republicans are responsible for finding a candidate that could actually get the votes to win, otherwise they are going to lose again.

Just from a strategic point of view I think you hit the nail on the head. Trump is polarizing the people and polarizing often means that half of the crowd loves you and the other half hates you. That is essentially the goal of being a polarizing character. The advantage is that you have hardcore advocates guaranteed. When you are a handsome guy you might not be heard enough and just drown in the noise that others make.

In this case it is true what you say, the Republicans shouldn't want a candidate who polarizes. They would be better off with a candidate who is more handsome like Biden, but more energetic and enthusiastic. That could take votes away from the Democrats.

Something I am not sure about yet is if Biden is going to try it again. I think it is a tough call and this is not because I think he is a bad president, but age will come into play especially for him (and already is), and we are not talking about another year of presidency, but five years. I would even say it would be undeserving if he had to cancel his presidency in the middle of his term.

Hard to say, but despite his age I think he is doing a good job. He is shaky in his voice, and shaky with his body, sometimes shaky in his mind, but his political content and strategy isn't. That's just my opinion.
6  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: February 22, 2023, 01:37:25 PM
Salzburg is probably going to focus mostly on their defense and keep a clean sheet for as long as possible. They have a good squad with a balanced game between offense and defense, but they also that they won't be dominating Roma in a home game. Roma is in quite good shape right now and they have a decent home game statistic so far. Salzburg can wait for their chances while driving Roma to desperation. It's very tough to say who will qualify for the next round. My guess still is that Roma will turn it around.
I don't think Roma would turn it around, Salzburg are a very good team and they played a good first leg, Roma are an inconsistent team, they find it hard to win games in a row, before the first leg many fans thought that Roma were going to win easily, but their inconsistency affected them in the first leg and they lost. The only good thing for Roma is that they are going to play the second leg in their home, so their fans are going to be very loud and behind them, i feel the game will go to extra time and possibly penalties, and if it gets to that, any team can win; but i don't believe that Roma would turn the game around and win during the 90 mins.

These days they are an inconsistent team? No, they are doing quite well and Salzburg didn't win with 3 or more goals, it is just 1 goal that Roma has to score in order to equalize as a first step. Salzburg will be given a hard time in Rome. This is a match between two equal teams and in the first leg Salzburg had its home advantage and now in the second leg it is Roma's turn.
7  Economy / Gambling discussion / Re: Why Do Gamblers Do This? on: February 22, 2023, 01:32:53 PM
In this forum and other forums where gambling is one of the topics of discussion, one of the recurrent topics is people who write about how their gambling addiction has ruined their lives. We usually encounter topics like "Gambling ruined my life,"  "I lost all my life savings to gambling,"  "I gambled away my entire salary," etc. Then they go on to tell a sad tale. It makes me wonder: why do gamblers tend to wait until they have suffered a catastrophic loss or a string of losses before quitting or seeking help?

Because they did not realize it earlier that gambling can lead them into something really bad or maybe because they are frustrated after so many tries but keep on losing then trying to recover it hardly that lead them into bigger lost. Imho, it is about our own mindset about how to deal with gambling and how to deal with all possible effects.
^ In addition to these various reasons.
The illusion of control: Many gamblers believe they can control the outcome of their bets or games of chance, even when the odds are against them.
Chasing losses: When gamblers suffer a loss, they may feel a sense of urgency to keep gambling in order to recoup their losses.
Denial: Gamblers may not want to admit to themselves or others that they have a problem with gambling.
Financial pressure: Gamblers may continue to gamble even when they know they have a problem because they are under financial pressure.
Problem gambling is a complex issue that can be influenced by a variety of factors. It is important for individuals who struggle with gambling to seek help as soon as possible, in order to minimize the negative consequences of their behavior in my own opinion.

These are all important aspects and there comes one thing to my mind that reinforces all of those problems you mentioned: a second addiction like alcohol. This is very simple and proven, especially when you visit casinos in the United States and Vegas. Most of the people who lose big are drunk as hell and even if you play a private round of poker with friends, you can probably tell that the style someone plays differs with the level of alcohol someone consumes. But when you are in real trouble and you lost money you couldn't afford to lose and you are drunk, that is the worst combination for someone who can't control himself even in a sober state very well.
8  Economy / Gambling discussion / Re: Why Do Gamblers Do This? on: February 21, 2023, 11:50:36 AM
In this forum and other forums where gambling is one of the topics of discussion, one of the recurrent topics is people who write about how their gambling addiction has ruined their lives. We usually encounter topics like "Gambling ruined my life,"  "I lost all my life savings to gambling,"  "I gambled away my entire salary," etc. Then they go on to tell a sad tale. It makes me wonder: why do gamblers tend to wait until they have suffered a catastrophic loss or a string of losses before quitting or seeking help?

I think an addiction is an addiction. Science shows and doctors say that the biochemical activity in the brain is the same for someone who drinks as for someone who is addicted to gambling. Now why does an alcoholic not stop drinking before life is ruined? Because they can't. For gamblers that is the same and often times it is the damage caused that can turn into a wake up call and actually help you get away from what makes you unhappy. It can also lead into an evil downward spiral and actually destroy your entire life.

That's why it's even a good thing when you learn your lesson as a 20 year old gambling away your 2,000 USD savings and you think you ruined your life but you didn't because you can make a comeback.

If you are a father of two and have a wife and you gamble away your house, your savings, then lose your wife and she takes with her the kids. Well, then you did pretty much ruin your entire life.

This is not to say that gambling at a young age is good because it is a timely lesson. But if you fall for an addiction and get out of it again and learn from it, it's better when it happens when you are young I guess.
9  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: February 21, 2023, 11:45:02 AM
Barcelona did well yesterday they score two goals even if cadiz made it hard for barcelona for over the first half
They have a chance against United if they are ready
Man United also won well yesterday I don't know still Barcelona will have a good chance to qualify
The two teams are still equally good lately and it will still be very difficult to determine which team opportunities will meet the requirements to advance to the next round. Because this time Barcelona will be the guest team at Old Trafford and in the second leg of course the enthusiasm and motivation of Manchester United to win at home is also very large so that the match will still be fierce like the first leg and can even be more exciting than the first leg.
Also so far in the premier league Manchester United when playing at home is very strong, Barcelona might struggle at there. Yes the second leg will sure be more exciting, considering that the Europa League trophy is very important for both of them at this time. By the way, I expected that in the second leg Juventus will win with a big score against Nantes, because in my opinion Nantes is not such a tough team. Previously, I was very disappointed that Juventus could only draw in the first leg.

Juventus drew in the first leg in Nantes. This can be considered a European success for them. The second leg will be in France and if Nantes can defend well, they can score from the counter and knock out Juventus. Manchester United can win Barcelona with the advantage of the match they will play at home. Barcelona should be able to stop Marcus Rashford in the next match. The biggest threat for now is Rashford.

The overall situation between Nantes and Juventus Turin is interesting because Juventus Turin has to score. I am sure that they want to avoid any game where extra time or even a penalty shootout happens. At the same time I think that Nantes would be fine with both outcomes because they know that Juventus Turin players have to be more nervous than them as Nantes was the big underdog here.
10  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: February 20, 2023, 10:00:02 PM
...
My take is - Trump is able to attract sizable number of votes (and at the same time lose almost an equal number of votes), but in the long term he is detrimental to the long term prospects of the Republican Party. He only cares about himself and will go against the party if he doesn't get what he need. This guy has transformed the GOP from a center-right political party to one at the fringe of the political spectrum.

Trump's base does not care about the future of the Republican party, as far as they are concerned, it is a battle between them and the hidden forces who want Trump out the game, and there are actually people within the GOP who are very unpopular among the average Republican voter, aka Mike Pence.

in spite of Trump being what he is, there is still a chance he becomes president again if not indicted this year, that means there will be much people who may bet on his victory if his Democrat rival proves themselves to be "weak" against him.
That is going to help Democrat party seal the future for them as well. We are going to see the whole nation who are against this new Republican party at the Democrat party, not like they were so awesome before, but right now the in fighting of that party made it even worse.

That will cause a lot of rumpus with the voters, there will be republicans fighting republicans which will only help Democrats. Fine by me actually, rather see DP there instead of RP but at the end of the day this will only cause even more trouble in the future for the whole nation, it is not going to go away anytime soon, it is going to be an issue everyone in the whole nation will have to fix, even if not today, eventually one day.

Ever since the Brexit really happened and ever since Trump won the elections in 2016, I think nothing is impossible anymore. I mean I would expect people to have learnt something from the last elections, how people raided the Capitol with five people dying when Trump publicly called for a riot. Who wants that? And yet Trump has his followers. Last time I thought it was more about entertainment, but now everybody should know that Trump isn't entertaining, the guy is evil. In 2020 the voter turnout was roughly 8% higher than in 2016, which is probably a sign for a good number of people to have woken up back then as they understood the consequences of not casting a vote. One question now is whether those who voted for the democrats last time now also take it seriously that casting no vote brings RP back into the game.
11  Economy / Gambling / Re: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! on: February 20, 2023, 09:47:34 PM
The story sounds hard to believe but with the level of wastage and high wagering that gamblers get involved in it is possible wagergwr such an amount because 1.4 million dollars is considered to be a small amount to some whale gamblers.
I don't think 1.4 million dollars will be considered small by any whale anywhere, except the person is stupid and does not know the value of money.
Even 1.4 million dollars is a big money to Elon musk, like I've said before, it is clearly evident that the gambler who wagered this amount was not expecting to loss it, he probably felt he found a good game to make a good profit of $11,000 from and went all in since he believe it was a sure win for him, but unfortunately, things didn't go as he planned, which resulted to him losing this money to the casino, really a big loss and each time I come across this thread, I hope in my heart that who ever this gambler is, is still doing OK right now.

I can imagine how a billionaire just wanted to show off being out with friends or so. They might have been talking trash and one guy just said hey let's have some fun, anyone believing that I am going to bet this amount on that outcome? Sure he never expected to lose it, but the thrill is still there for anyone seeing it and secretly hoping that this unlikely event turns into reality. It is not about the few thousand dollars I think. The guy who bet that amount just wanted to show he has the balls to do it. We don't know what the set up was like, whether they are filthy rich, had been drunk or on drugs and just pushed each other to this absurd bet. If it was a billionaire, I am sure he still slept well. 1.4 million dollars is a lot to Elon Musk, but he can keep his smile burning through 200 billion dollars because the share prices fell, I think he could even afford some fun with friends and lose 1.4 million with a chance of less than one in a hundred.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Will "De-Fi" beat Banks sometime in the future? on: August 23, 2021, 10:56:49 PM
Decentralized Finance ("De-Fi") is a new trend which has been gaining steam ever since the first smart contract platform (Ethereum) came into existence 6 years ago. Right now, it's possible to borrow, lend, and even trade crypto assets without the need for a middleman. The introduction of stablecoins brought us the stability of Fiat along with the convenience of crypto. People can have money in Fiat, without the need for a bank account and still earn interest by holding it. This brings complete financial freedom to the world (something that was never thought possible before the inception of Bitcoin and Ethereum).

Of course, not everything is reds and roses. "De-Fi" has its limitations since it's fairly new in the mainstream world. Blockchain is still unable to scale to millions or even billions of people worldwide, so the experience will not be the same as with Banks. Fortunately, scaling solutions are on the works with the hopes of putting an end to such issues. If all goes well, "De-Fi" might beat banks in the future. Everything will depend on mainstream adoption for this to succeed in the long run.

What do you think? Will "De-Fi" beat banks in the long term? Or is it still too early to tell? Do banks consider "De-Fi" as a threat to their existence? Your input will be greatly appreciated. Thanks in advance. Smiley

What do you consider as "beat"?

Maybe DeFi takes aways significant market shares from the traditional banking sector, but will DeFi make banking completely disappear? I severely doubt that. Not that I think there will still be grandmas and grandpas who need a bank in 70 years from now, but they are an industry that could theoretically be very agile. We are not talking about a single company here, but about the most powerful sector in the world. They might change the meaning of the word banking themselves, whatever their solution maybe if they feel threatened enough by crypto. The best they can do for now is to incorporate crypto and all the developments that are coming. I don't understand why they don't have crypto ATMs because they have all the KYC anyway? It would be awesome if you could just use your card, buy some Bitcoin and get a QR code printed out or an email that is encrypted or whatever. They have so many possibilities. Even if they took a cut like 1%, I am sure many would use it if they need it instantly.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Only good coins survive the dip on: August 23, 2021, 10:52:30 PM
I absolutely agree with you. First of all, you need to rely on the technological map of the project, on its long-term perspective. After all, if the project is really applicable in the crypto space, then your investments are much less likely to be lost. We can take as an example several projects that can now change the idea of the Ethereum network (problems with transactions, their cost, speed and low scalability). Solana, Near Protocol, Matic. Their charts clearly show that they had moments of falling in the bear market, but users and investors did not let these projects get lost among altcoin garbage. All because these projects carry the right technological solutions
That's right but the real challenge is to find such coins before they are explored by everyone else. Once a coin is explored by everyone or has a mammoth ICO, it really becomes a dead ass coin, just like EOS.

You can buy Ethereum during the dip, maybe BNB and even ADA but you cannot afford to buy meme coins during a dip in the market.

Altcoins trading isn't as simple as it might look to an outsider because there are scam coins, projects good but lack interest and then there are those who have potential, a good team but still can't get things going.

Just as I read your post I realized how I forgot about EOS. It is a rank 30 coin now. Didn't they collect an amount something like $4 billion?

As OP said the good coins survive the dip but that does by no means mean that the dip also is a real hit! Wink In the truest sense, alt coins suffer hard during dips no matter how good they performed and how good they actually are. Ethereum went so far down during the last major crash it went even under $100 again. But yes OP is right Ethereum survived and is doing awesome these days at least in terms of its price.
14  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why the hate on binance exchange on: August 23, 2021, 10:47:57 PM
But I think that Binance is hated for their recent changes in politics and all that "attack" from government and financial institutions.
Previously for a regular trader, trading limit of 2BTC/daily without passing KYC was more than enough. Now, after they reduced that to 0.06 BTC, start to force passing KYC or bribe (this week they give $500 voucher if a freshly registered users passes KYC). Also all that restrictions to use Binance in particular countries and Binance doing nothing against it. This all looks like they try hard to keep user funds on exchange, while risking their reputation. And we all know how such things might end. You have funds on exchange, and exchange is locked for unknow period.

Binance is hated by competitors because they feel like Binance had it easy and just escaped jurisdictions every time regulators started chasing them. Binance is hated by pure users because their CEO keeps talking about decentralization and ethics when he is the most centralized crypto business out there.

$500 vouchers for KYC? That's part of why they're hated. But you know, others did that too.

I wish I had not verified my account yet so I can enjoy that voucher amount, lol.

Actually, Binance got a lot of promotion and they are taking care of their reputation that's why they are way ahead against their competitor.
When they purchase CMC with a huge amount, we thought it was a crazy move but it turns out it really help them to grow more as they can use that advertisement to make the exchange more popular.

look at the disparity of the trading volume compared to other exchanges.

https://coinmarketcap.com/rankings/exchanges/

You can tell they are dominating the market.



That's actually a cool idea by Binance but I just read the article they posted about it and I am not sure whether the offer is even so attractive? You get the $500 in a savings account and can let it earn interest for a 7 day period, then the principle is cancelled and you can keep the interest. Anyone has a clue about numbers here? Are calculations even possible?
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there a new blockchain that will compete with Ethereum? on: August 23, 2021, 10:46:17 PM
There might always be an ambitious team trying to compete with Ethereum  and the fact that crypto technology is usually open source takes away the edge other tech companies have. A company like Microsoft was so hard to copy because the code was closed source. With a car company it becomes easier because you could buy the car and dissemble it. When you take Tesla as an example it already becomes harder as these cars are run a lot based on different softwares that work inter connectedly. In Ethereum you look at the code and you can think about it and play around with it. What you can't copy from Ethereum is the ecosystem around it though. You need to start from scratch when it comes to convincing people that you have the better product and even that is no guarantee because you may not reach critical mass, and without that your network is dysfunctional.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: August 23, 2021, 10:37:42 PM
To date, Eth is ranked 2nd Based on Market Capitalization (CMC and Coinecko [+G])
So, in my opinion, Ethereum's popularity is still in good shape.
This proves that most crypto users still trust Eth and it is ridiculous to expect a low gas fee when the expected price of Ethereum is only grow

yes, but in reality not everyone is pointing at one point, especially regarding the issue of transaction fees on the expensive ethereum network. but it's only natural as long as ethereum can hold its current price or even hit its new ATH again. for BSC this is also a high potential project, if someone can't trade because transaction fees are expensive, then BSC can be an alternative for that.

Agree, BSC is an alternative for someone who can't trade due to expensive transaction fees
but wouldn't be a better choice than Ethereum because Ethereum is the best smart contract platform

Btw. Thanks for the +G


In which regard would you say Ethereum is the best smart contract platform? Can it do more things than BSC, i.e. are the smart contracts better or the range of potential functionalities of the contracts? I thought that in terms of smart contract technology Binance and Ethereum are quite similar. They differ in the degree of decentralization a lot, but what about the rest? If you know something feel free to explain.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: 95% of cryptocurrencies are fraudulent on: August 23, 2021, 10:29:40 PM
This is actually true, 95% of crypto coins are fraudulent. And the main reason for this is the lack of regulations in the crypto market. That is, anybody with good knowldege of blockchain and smart contract development could just code or develop any crypto coin with the aim of scamming people. Regulation is really needed in the crypto market.

Maybe there is a bit of confusion between fraudulence and just bad quality. I guess that there are many people who start a coin or small teams but the coins are just shitty. In total though I agree with you guys that certainly 95% are bad or fraudulent. It is very rare and very seldom that you find a raw diamond which is worth investing but still doesn't look like it. That is when there is the biggest opportunities these days. That doesn't however mean that I recommend focusing on these unknown coins. I recommend to focus on the strong coins where we already know what they have to offer.
If you value your time and your money, focusing with strong projects will allow you to lessen the chance

of wasting both your money and time, not as quick profits as many always dream to achieve but more safer

for your investment, small but continuously working in progress, it's good for long term investment and

it can generate decent passive income.


How could I say you are wrong? You are of course right, but the problem is that you just don't always know for sure whether it is a good one or a bad one. Let's be honest though, that is the same in the stock market. Only a few got rich with Amazon, most of us didn't because we simply couldn't believe the book seller Bezos had in mind. So you either have some trouble with the team sometimes, or with the concept. If it's both I would skip immediately, if it is only one there is doubt coming up inside me but I still tend to give a project a chance from time to time.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Analysts announce the start of altcoin season on: August 23, 2021, 10:27:10 PM
I don't know who is The Moon but the general market trend is up atm, so waiting for another bull market can be reasonable. After few months, probably market will boom and BTC will touch the $100k price. I suggest checking the analyses by pro traders, better to be careful than sorry.

Just make a simple approach and things will be easier, there's no need to check on experts analysis, by experience alone, we would already know if the market is bullish or not, and IMO, we are currently in the bullish state where altcoins and bitcoin are bullish recently.

Bitcoin's movement in one month is very positive.

From July 25, ($34k) to August 24 ($50k)

Yes but what we also have to consider is that when an alt coin gains 30% in a week or even a month that is huge these days. Take whatever coin you want, let's take BNB or Litecoin for the sake, they have such a gigantic market cap already that we are already in a bull state when others doubt it and are still expecting too much. I hear that often in the discussion topics.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience is important on: August 22, 2021, 09:53:21 PM
There are so many impatience people that missed important details sometimes, and lose the chance to make bigger profit because they didn’t analyze the market in the first place.
please be patient.Valuable coins need time to grow.
I am not mean that all altcoins are worth to wait.Just wait selectively.
One thing we must to remember that our goal is to make profit,so Patience should be based on your target price.


We are all coming from different positions. It is not always fair to say that someone didn't have the patience and could have made bigger profits. That somehow implies that others are right all the time. I believe on average most of the people are equally often right or wrong, whereas wrong isn't really that wrong if you made some profit but you could have made a little more profit. The better way to think about it is just to be ok with what you got sometimes.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH and BSC on: August 22, 2021, 09:40:07 PM
One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?

in my opinion bsc will not be like binance dex and bsc will continue to be used by crypto users in the future even though eth transaction fees have recovered. unless bsc transaction fees are higher than eth then a lot of people will switch to eth because everyone will look for the lowest transaction fees.

ETH transaction fees have recovered? I know where we are coming from, but Ethereum fees are what a 100 times higher than those of Binance? Binance Smart Chain is gaining so much traction because it doesn't exclude smaller users. Because of that they have more liquidity on the BSC chain and more potential traders. Pancakeswap works perfectly fine and is cheap and literally all new projects are launched on that chain.
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