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1801  Economy / Trading Discussion / Re: Scalping, my best trading strategy on: September 16, 2022, 11:57:41 AM

scalping is a great strategy if you've done these many times over as you need experience and skills to survive on this strategy. as you said, the possibility of losing all your profits is always there by one single mistake. so it would take time to get a hold of those tricks not to lose much in this trading strategy. but if you got it right, scalping is indeed a good one to earn profits without considering what season (bull or bear) we have right now.

Scalping is the most dangerous strategy for me because crypto is too volatile and has a lot of price swing which will surely hit your stop loss at some point of your trading. You will need multiple trading per day when you are scalping which means you have lot of error in every position that you make. I still preferred a long term trading rather than this kind of short trade because it involves a high risk which you can avoid by just simply holding.
1802  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: September 16, 2022, 10:30:52 AM
With the way T1 are drafting, I also think it'll go 2-0 but i'm surprised that the bookies are liking T1 a lot even though their new roster only played a few series so far. I'll only go for their moneyline since I can't be bothered to wait for the live lines.  Tongue



Well, their past performances (only a few games lol) showed how dominating they are in this SEA qualifiers. They already proven how strong their lineup is and how they can come back from a deficit. Right now, T1 is in a tight spot against Talon. They became overly aggressive in the early-mid game that gave a lot of opportunity for Slark to gain some space for farming. But even with a very precarious situation and a slight deficit, T1 is still hitting a lot of punches against Talon. A very nice dota match to watch during lunch break Cheesy

UPDATE: Talon got the vision, but T1 got the guts. A must watch game 1.

Watching T1 losing to Talon is satisfying. Kuku venomancer on game 2 has no effect on the game and didn’t do properly his job to punish faceless void on early game. There itemization too seems like they have miscommunication because Topson and Kuku both build earn on early which will be use on other necessary item if they do communicate. I expect this will happened on T1 since they are showing this even on other opponents. They just lucky that there previous opponent is not that good compared to Talon. I’m still expecting for this 2 team for rematch on the finals and I hope Kuku will step up his game.
1803  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [POLL] After the merge the price of Ethereum will go? on: September 15, 2022, 02:16:57 PM
or will people buy up all they can to enjoy the higher staking %?  

The merger is an upgrade for Ethereum to improve its current status, hence it is expected that it will have a positive effect on the current price of Ethereum. An improved status for Ethereum network will mean that more person will develop and have more trust in it, this is good and can affect buying behavior positively.


Completely not true. Even there’s an improvement on Ethereum blockchain doesn’t mean that the price will follow on positive side because we are still in the bear market and the reason why Ethereum just make a noise is because of this merge that is now over. I think crypto market is now ready to continue to the original trend before it will bullish again. I don’t see any major reason that will make traders panic buy Ethereum because the global economy especially the US is still in not good condition. Maybe in the future this good effect of Merger will pay off but not with bearish market.
1804  Economy / Gambling / Re: Bitcasino.io 🖤 MASSIVE Giveaway on Telegram - A trip to London! 🛫 on: September 15, 2022, 12:19:59 PM
Good luck. You will see many more offers from Bitcasino.io when you stay tuned here.

Bitcasino.io often give offers to their members, including those two contests, so you can participate in all and I hope you can win some prize from Bitcasino.io.

It seems the bitcoin price is still up and down, making us confused. So this time will not be easy for the contestants to give their predictions so it will be exciting to see what price will come at the end of the contest.
Thank you! Yes, the price is going up and down really fast right now and it’s very hard to predict the right price. In my first predictions, I’ve already been very low. I take time for my second prediction and give it only shortly before the end. Fortunately, we still have until september 24.  Smiley

What I particularly like is that there are three winners each. It increases the chance of winning. I also wish all other participants good luck.  Smiley

It’s useless to decide for a prediction when the crypto market has an upcoming major event that will cause mixed emotion to the traders. Ethereum merge effect in the market is not determined which is why predicting the market using TA is very hard to. Let’s wait for a couple of days for the market to settled and decide the prediction base on the outcome of the upcoming merge that will happened 3 hrs from now.

Ethereum merge both affects Bitcoin and Ethereum price which Bitcasino both have contest. This event makes more harder this month contest.
1805  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | BEST ODDS ON KSI 2 FIGHTS 1 NIGHT | VIP | on: September 12, 2022, 04:11:38 PM
<snip>

I think most of us wants free money and the only reason why we keep risking money on the casino is to get the casino benefits through there giveaways or loyalty program. <snip>

I disagree with this one. Though this could be one reason for some players to continue playing (or we should rather say, the pick those casino that has good benefits through different bonuses.
Regardless of this, I am certain that most players does not play just to get these kind of bonuses. They play to win and have some fun. About the cash drop, I don't think that it is fast to be claimed.

Those loyalty bonus, giveaways and other promotion will never exist if most of the don’t want it to begin with. Only blind gamblers doesn’t care about bonus because this is the way to get a bit of an advantage on casino house edge. Most whales are spending huge money on wagering just to level up there loyalty rewards and get much better bonus. Visit chat box and other gambling related and see for yourself that most users are interested on this kind of free money. Gamblers is not dumb to just gamble and ignore bonuses just to have fun. We are gambling to win so it’s normal to rely on this kind of bonuses to get back part of what we are losing.

Bouns and free money is loved by everyone and I don't think there is anyone who refuses to take free giveaways and promotions. The loyalty bonus is only for those who wager a lot, and it is kind of a thank you gesture by the gambling site to offer something in free as they are loyal to the site and playing regularly.

Gamblers usually get excited on getting some free money, don't they? After all they are the ones who faces a lot of losses too Wink

Yep, Bonuses is meant for recovering some loses or for extra income in exchange for the wagers made by the users in the casino. This is the wat of the casino to return part of there profit to the players so that they will be encouraged to play more in the long run.

We all know thatthe chance of losing in the casino is much higher than winning because of the house edge. No one wants to continuously lose while casino don't want too for players to win too often. This is the reason why bonus was introduced to give extra bonus to the players.
1806  Economy / Gambling / Re: Blackjack.fun | 0.28% House edge | Live tables | Baccarat |Slots| InstantWithraw on: September 12, 2022, 03:18:26 PM
free spins are an interesting incentive, but probably, since I'm not a fan of slots... I don't appreciate this giveaway so much and as active BJ player I was more happy to get higher payment for hour contest.

the signature for those who were part of it was an excellent incentive to bet the amounts earned directly on their site (ok I made a few deposits later, but if I had not had this incentive I do not think I would have used their site Roll Eyes )
Maybe that's how you feel when you get free spins from the casino. But other people might benefit from those free spins as I see some can make a big profit from those free spins. They keep trying to get their free spins and follow the promos from casinos because some casinos offer gamblers to deposit a certain amount of money and they will get free spins without any additional fees. But you can also get something from the casino if you are an active BJ player because a trusted casino always offers its customers special.

They can’t get huge profit out of that free spin but user can accumulate unlimited amount coming from free spin reward even without risking any money on betting in the casino. I think those users that don’t have much bankroll on the casino is the one who benefits the most on this event. I saw many users in the chat that just keep accumulating spin through chatting per hour without doing any bet while they are winning little amount. I think they already accumulate enough if they are just saving all those rewards and never bet it. In my case, I spend all my free spin profit the moment I claim it. Cheesy
1807  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | BEST ODDS ON KSI 2 FIGHTS 1 NIGHT | VIP | on: September 12, 2022, 02:39:34 PM
<snip>

I think most of us wants free money and the only reason why we keep risking money on the casino is to get the casino benefits through there giveaways or loyalty program. <snip>

I disagree with this one. Though this could be one reason for some players to continue playing (or we should rather say, the pick those casino that has good benefits through different bonuses.
Regardless of this, I am certain that most players does not play just to get these kind of bonuses. They play to win and have some fun. About the cash drop, I don't think that it is fast to be claimed.

Those loyalty bonus, giveaways and other promotion will never exist if most of the don’t want it to begin with. Only blind gamblers doesn’t care about bonus because this is the way to get a bit of an advantage on casino house edge. Most whales are spending huge money on wagering just to level up there loyalty rewards and get much better bonus. Visit chat box and other gambling related and see for yourself that most users are interested on this kind of free money. Gamblers is not dumb to just gamble and ignore bonuses just to have fun. We are gambling to win so it’s normal to rely on this kind of bonuses to get back part of what we are losing.
1808  Economy / Speculation / Re: All Eyes On Bitcoin’s Monthly Close on: September 12, 2022, 01:45:37 PM
Yes, the market price is moving gradually for people to believe that the price of Bitcoin will hit higher in this month of September. The price of Bitcoin just moved to $21k in the market, showed that the price will definitely reach $40k before the end of September for those that bought with huge amount of money to get prepare to receive suitable profits from their investments soon. I guess, the price of Bitcoin will reach $40k or 45k in this month of September because there are some signs in the market right now that prove that people will experience massive profits from their long term investments before the end of this month.
I don't think that there will be an increase in September even though now it has started to improve to reach $22K, but if we look at the past 2 months there has only been an increase to $24K+ and there is no ability to increase according to what you predict will be achieved. $40K.
it must be remembered that since the beginning of the year it continued to decline and had time to return to the same price as at the beginning of the year, two months later at the price of $47K+ and after that it continued to decline until now. so I'm not sure that bitcoin will increase soon in September, but it will increase not now maybe early next year to be able to reach your prediction.
about profits, it is clear that anyone who can hold on longer will be able to get very high profits in time.

In this market nothing is certain, does not confirm anything, especially the bitcoin price. September every year is supposed to be the month that doesn't have too many good things for bitcoin and the beginning of the month so far we also see a drop in bitcoin.

40k is the price everyone wants to see now or the end of the year, but in my opinion that goal is very difficult. This September we will have many more events that are expected to adversely affect the bitcoin price. September 16 will be the Mt.Gox bitcoin release event and the September 21 Fed meeting is expected to raise interest rates by 0.75%. I'm not sure how much it will affect, but these 2 events will affect bitcoin, so don't expect a bull market too soon.

Does that September 16 is the confirmed release date of the Mt. Gox funds distribution? I don’t see any official statement coming from Mt Gox officiall and all the article about this topic is just speculation. I remember that Mt Gox team member release an official tweet claiming that most of the Mt. Gox news are just hoax because there’s still no official plan since last August.

Inflation rate in US currently under control base on the last month result. I think this month result will be the game changer for Bitcoin for a possible reversal if the Fed meeting result to more positive news.
1809  Economy / Trading Discussion / Re: Why Binance giving more Apr in fixable staking (saving) than locked staking? on: September 12, 2022, 01:04:58 PM
Flexible staking is one that I can withdraw whenever I want, and locked staking is one that is locked for a certain period of time to earn interest.(USDT,BUSD)
Now my question is, is there any risk in flexible staking?  
Flexible staking is also a benefit for us, then why are they giving more APR on it?

I think you didn’t notice that Binance Flexible Staking has tier based system which only allows certain amount of money in able to benefits on high APY. I post the example below for BUSD Tier Rate.

Tier 1:  0-2000BUSD ; 8% Apy
Tier 2: 2000-20000BUSD ; 0.8% Apy

The greater your capital means you will have less APR on flexible staking while lock staking doesn’t have this kind of limitation. Flexible taking is good if you are using only small capital that is not greater on the first Tier to enjoy the highest APY.
This is the same with the Binance Saving system, APR on flexible staking at 20% for BUSD/USDT only at below $200. From $200-2000, it was 10% APR. Any more than that, 0.3% APR.
I think it was a way for Binance to attract smaller fund accounts. Or people didn't have a Binance account yet to encourage them to open up an account there and make less than $2000 deposit for 10% APR. Sort of Binance wants both whales, big fish, and small fish too. Tho, with the APR at less than 0.8% APR for staking and 0.3% for saving in stablecoins, the bank interest rate is much more attractive than Binance. Maybe they don't want to flex on the bank's turf, yet.

They are doing this to attract retail users to deposit on flexible saving and later on attract them on lock savings APR when they have the capital greater than Tier 1. Actually those 8% APY for 2000$ Max deposit is very small which is the reason for Binance to use it as bait to be interested on lock savings and enjoy higher APY for no maximum amount of deposit.


I agree that Binance don’t want to compete on giving a high a APY on flexible savings because many whales will abused it and might result for too much rewards given to users.
1810  Economy / Trading Discussion / Re: Crypto day trader groups on: September 12, 2022, 12:18:50 PM
A trading signal will not help him to much. if he have not any basic knowledge about trading or if he/she haven’t  any basic knowledge how to analyses the the token chart. If he is not aware of these he will not be able to distinguish between genuine and fake signals and this will certainly put him in a grave danger and at some point he will lose his investment by following wrong signals.
And this is the paradox with signals, someone that doesn't really know enough about the markets is not going to be capable of distinguishing when the signal they were given is good or not, and as such the signal is completely useless to them, but someone that actually knows enough about the markets to make this distinction also has enough knowledge to make their own analysis about what's happening in the market and create their own signals, making the use of those groups completely useless for them
When one can do market analysis then surely one gets an idea about the up and downs of the market.  And when he receives a signal from a trading group, he is able to analyze it himself and feel how profitable the signal is. So I think a trader needs to have basic knowledge of market analysis regardless of which group to take signals from . otherwise he will never get better profit

IMHO you are talking about mediocre trading signal base on the tone of your discussion because the real signal was meant as guide for completely noob traders for there trading moves. It includes explanation of both technical analysis and fundamental analysis. I knew that there are a lot of signal group that using the term signal on providing bullshit trading call but that is not the real purpose of signal.

Traders should really have a basic knowledge before they even start trading and trading signal is guide on what coin should be bought since it’s very hard to browse all the coins and look all the chart for buy signal.
1811  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: September 12, 2022, 11:44:11 AM
Bullshit  Grin.you must be completely illiterate to write this crap about curacao


Are commenting about my post about Curacao License description? Maybe you are relying data on speculation rather than the facts behind the authenticity of Curacao License. This license will not be widely used by trusted crypto casino if this is bullshit. Please read there license ToS to know what’s there service scope rather than heresy info..
1812  Economy / Trading Discussion / Re: Why Binance giving more Apr in fixable staking (saving) than locked staking? on: September 11, 2022, 05:22:08 PM
Flexible staking is one that I can withdraw whenever I want, and locked staking is one that is locked for a certain period of time to earn interest.(USDT,BUSD)
Now my question is, is there any risk in flexible staking?  
Flexible staking is also a benefit for us, then why are they giving more APR on it?

I think you didn’t notice that Binance Flexible Staking has tier based system which only allows certain amount of money in able to benefits on high APY. I post the example below for BUSD Tier Rate.

Tier 1:  0-2000BUSD ; 8% Apy
Tier 2: 2000-20000BUSD ; 0.8% Apy

The greater your capital means you will have less APR on flexible staking while lock staking doesn’t have this kind of limitation. Flexible taking is good if you are using only small capital that is not greater on the first Tier to enjoy the highest APY.
1813  Economy / Gambling / Re: Drake vs Stake part 2 on: September 11, 2022, 04:44:46 PM
Did you enjoy or watch the stream?

Full Stream: https://youtu.be/7V8az7UdyY0

It's entertaining to watch but I wasn't able to finish watching. I've watched some streamed videos of Drake and he always provides entertaining gameplays by betting huge amounts. If it's for partnership purposes, I don't still see anything wrong with it. He makes money while entertaining his viewers at the same time. Stake is also a reputable gambling site so having a partnership with it is still beneficial to Drake.

Like what I previously mentioned, the fact that Stake can offer a percentage of their ownership or $$$ to Drake means that the gambling website is superbly profitable on their end. They could actually ask other artists/celebrities to partner with their gambling website in order to boost their reputation further and attract more people in the process.

As someone who has not attempted to gamble online, maybe this is the time to at least try gambling websites due to their prominence in the forum nowadays.
Stunna had clarified about those doubts of partnership but its been said that Drake do spend out his own money..
Quote
Do you consider this to be "obviously fake" just because the amounts are big? Drake deposited his own funds last stream and has been an avid stake player even before our partnership came to be.
Source: https://bitcointalk.org/index.php?topic=2072589.msg60551656#msg60551656

So this do shows that even if they do have that partnership but Drake isnt really playing with money provided since he had lots or doesnt really need at all
but much sure about % that Stake is paying on him.

This explains why Stake support was clueless about giveaway winners of Drake steam, the support team said it was held by Drake team who will distribute giveaway funds. Btw, only users from Brazil and Canada were winners($50k), IIRC.
Yep, It was clearly stated by Drake during his livestream that he is doing the giveaway by himself to all users that watching his stream that leaves on Brazil and Canada. All the winners is just thanking Drake for choosing them and not directly towards Stake which a clear aign that Drake is giving away money from his own pocket. He has a lot of viewers on his livestream which means he can easily recover those money from viewers support to his stream aside from the Stake payment for his partnership.

Drake is known as natural gambler and playing with huge amount. Having this kind of partnership is just extra money for him since he was gambling with or without promotion.
1814  Economy / Gambling discussion / Re: Jake Paul VS Anderson Silva October 29th on: September 11, 2022, 03:46:46 PM
Quote
Well, he really has to pick his opponent because, in every fight, he's always the main character. It's his show so he's the one to choose his challenger.
I think there will come a time where he would really face someone that will test his real capability. He might always be picking his opponent but I'm sure that there will still be someone who will show off his real stamina in the ring. The spotlight shouldn't be focused on him all the time.

Well he will obviously cherry pick his opponent because his record is what makes his shit show matches interesting to the public. He is choosing not on prime fighter to match against him that already invested too much time on training. He is strong even though he is not a professional fighter compared to those pro player that he is picking that obviously not in the proper shape to the boxing fight.

I will be amazed by him if he will just go to professional and experience the real fight because there’s still money in it if he is really not afraid on real clash.
1815  Economy / Games and rounds / Re: Bitcasino.io 💜 — Bitcoin Predictor September 🍂 Take a free guess & win 5 mBTC! on: September 11, 2022, 03:39:11 PM
16503€
1816  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: September 11, 2022, 03:13:42 PM

I think Cloudbet are licensed anyway, you can see it at the bottom of their homepage. I think they're licensed in Curacao? This probably means that they need to follow the requirements of the regulator which means including KYC in their process.

I would always choose a casino that performs KYC anyway, it means they don't cheat their players 

I don't know too much about curacao licensing, but i do know that a lot of popular casinos are licensed there.

One of the many things I ask myself:

in my country for any casino to have a license it needs to be located in my country, of course all people from my country can play at any casino in the world, but my point is this: how is a license issued in curacao for an anonymous casino that is located somewhere hidden can be in any way useful? I see a lot of people worrying about leave, but to this day I don't understand what the point of leave is? what use is the license?

in my case when a casino sponsors football or something in the real world, this casino is already reliable because the casino owner is no longer anonymous because as he sponsored things X, Y, Z in the real world he had to reveal his identity, he had to make a commitment, so he won't risk stealing people's money and running away. Of course, there are other points such as reputation gained over the years, but this licensing issue, I honestly don't see how this will help a casino to become reliable

Curacao gambling license is oldest license provider globally for iGaming business. There license was acknowledged by most of the country that doesn’t have strict gambling restriction that’s why only list all the countries that accepts there license and leave certain country such as US and UK on the list they are not allowed to imposed there gambling license since these countries has there gambling license sector.

Curacao license satisfy most of the criteria of countries that don’t have there own iGaming license provider that’s why it was the most common license for crypto casino because you can operate on multiple countries with just this license.

Complete review of Curacao License: https://nuxgame.com/blog/legal-hub/curacao-gaming-license-complete-review
1817  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: September 11, 2022, 02:23:19 PM

Nothing against Ginebra and I agree that Brownlee really bring boost to this team, that's why they keep having him from time to time. But if SMB will play the same hypes that they've shown last all-Filipino cup, I can say that they still have the upper hand, they've got two imports as the other team needs to take care of Fajardo while the real import will make the damages in terms of offensive productions.

Import plays a very important role on tournament that have import because Filipino players is no match against import on 1 on 1 and also they have most of the FGA attempt. Team that usually win the championship on tournament with import are those with a very effective import like Ginebra which Brownlee is always reliable and consistent on finishing the tournament to victory unlike other import that usually choke on the Finals.

I believe Brownlee is still the despite he is not that explosive during regular games since he is always showing a very dominant performance in and out when Ginebra needed him the most.
1818  Economy / Gambling discussion / Re: The Rise of Mobile Gambling Is Leaving People Ruined and Unable to Quit on: September 11, 2022, 01:59:43 PM
Getting access to the internet is as easily and we could never think and both children and adolescents are always eager to search for whatsoever they like on the net without anyone knowledge or control. Mobile games are becoming more popular and we the current trend that we are, since we don't need to send fiat again to casinos in order to make bets but using crypto looks somehow easy without any traces.

Children will have to go to bet and play any mobile games they like and with this, addiction is becoming likely faster than what we think which can eat up our time and ways we respond to things.
Those underage still have no capability to control their emotion, that's why they easily get addict in something they usually do, if they are already exposed in gambling then that is something that their parents needs to address or else, their whole life will become more miserable. Mobile gambling is very comfortable and very accessible, I see this as a good advantage if you can't go outside and play in casinos, but again if you are playing too much and spending too much time on the screen, you might also ended up addicted. Control yourself as early as possible, don't let those addiction takes you from real world, be responsible on your gambling activities.

This is true. I have a niece that use his parent credit card to purchase in game items on the game he was addicted. His parents didn’t notice it until the credit card bill arrive with 1000$ on it. Luckily they manage to refund the credit money and just ban my niece account. I believe there are worst scenario like this that involves mobile gaming addiction especially on minors. It’s very hard to moderate there mobile phone activity because it’s very handy.

I think setting a parent control on the underage person is the best way to moderate them without attacking too much there privacy.
1819  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | BEST ODDS ON KSI 2 FIGHTS 1 NIGHT | VIP | on: September 11, 2022, 01:16:14 PM

Of course there's no one who don't like free money right? It's a good promotion, but at the same time it isn't really good because there's a possibility someone has a purpose to gamble when they got free money due to inactive and they will repeat it. I wouldn't call it's abuse, but it's not a gambler since they only wait for free money, a real gambler will play the free money and start to deposit to keep gamble, because the purpose of the promotion is to make the old gamblers stick with duelbits again.

It is up to the person itself if he wants to do a deposit to keep playing; the bookies will always do what they need to do, to have a maximum activity on the site. Personally, I have the feeling that the amount of good promotions has lowered quite a bit (no more risk free bets, no double winnings, ...). Hopefully with the WK soccer in a couple of months, this will all come back  Smiley.

It is undeniable that some users have such behavior they are just waiting for free money no one can force users to follow what the marketing team wants
And some definitely use it to gamble and even make new deposits and here the marketing team will check their player data and then compare it with other users
If the result is (+) then don't be surprised this promotion will continue until the final result is (-).

I think most of us wants free money and the only reason why we keep risking money on the casino is to get the casino benefits through there giveaways or loyalty program. Duelbits cash drop is one of the best proof to conclude this theory because it was always being claim out fast despite only few users react on the Duelbits twitter post. Some user don’t care on helping the casino promotion by clicking react button and just copy paste the code to claim the reward.

Personally I preferred playing safe by just wager only on casino that has a better benefits to reward players that wager on there casino.
1820  Economy / Scam Accusations / Re: Stake.com got recked by me on: September 11, 2022, 12:25:27 PM
How can they accuse you of money laundering? Does stake has information on people who are suspected of money laundering coming from the authority? If I'm not mistaken, we have the AMLC who issues information, so what is their basis? By the way, can you share some messages from stake about your accusation?

Probably Stake use the irregular activity on his account such as too frequent deposit and withdrawal by just doing a minimal wager in the casino. User that launder money usually has something shady on the account transaction history which normal players doesn’t do. I think even though he is not really done the offense but since he shows the criteria of the casino for that offense is the reason on why his account get banned.
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