SamReomo
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October 16, 2023, 05:55:45 PM |
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Binary is more or less gambling so for such i wont be surprised to see the feature being implemented on Bc.game or any other casinos coming up with the development, sometime it hjusta a line between gambling and trading and the two can co-exist without any form of a problem and is a good addition to the catalogue of exchange.
I agree with you, binary options trading isn't trading at all but a type of gambling. No one is smart enough in trading to get perfect ups and downs and in binary options trading we have to guess instead of having any strategy. In fact most of the Binary options brokers are known for their shady ways that allow them to manipulate the reds and greens in order to ruin traders trades and they are known for such shady manipulations. I hope that something like that may not happen with the similar games that bc.game offers but it's similar in nature then best of luck to get ruined. I will once again say that such kind of trading has nothing to do with the trading that we do and it's just another pure version of gambling thing that bc.game added on their system.
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dothebeats
Legendary
Offline
Activity: 3766
Merit: 1354
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October 16, 2023, 05:59:38 PM |
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It's not a trading feature per se, but rather a predicting game wherein you guess whether the price will go up or go down in the next X seconds. It's still more like dice wherein the chances are 50/50, and if you know the market well, you will have the edge as you can make informed predictions rather than trusting blindly to your instincts or to your gut feeling. It's a nice game, but players should understand that this is not a trading feature in itself and you can't trade your coins in it.
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cafter (OP)
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October 16, 2023, 06:03:11 PM |
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What do you think of this game?
That ain't really trading! More like some mashup of gambling and taking wild guesses on where prices are headed in the near future. For sure it can be fun, but luck's got more to do with it than any real trading strategy. And getting an edge over the casino? Ha! Theyre the house for a reason - odds are stacked in their favor. So yeah, gonna say that's a nope! This is not any trading strategy i talked about, we use trading strategies for real trading which involve data analysis. here we need to bet where the price will be going in next 10sec. Here my simple view was that we have a little more chances of winning because that char move like this /\/\/\/\/\/\/\/\/\/, so we can mostly predict the right move for next 10sec, I know there are the house for a reason but maybe they are trying this trading feature for testing it, so we can take it's advantage if casinos don't have enough data.
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letteredhub
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October 16, 2023, 06:08:30 PM |
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Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
A quick reminder to nobody specific; you can never have or be given an edge over the house. Don't get it twisted it has always been about the house over us. https://twitter.com/rollbitcom/status/1713919556568113503?s=48&t=F5IdUjmynVsWUR2SppNwyAThis is still gambling albeit that it has somewhat trading features if am to play I will maintain a gambling mindset towards it because that's what it is and nothing like doing trading about it. I'll consider this development in gambling as an amusement trading experience a more fascinating way to keep the fun going.
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so98nn
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October 16, 2023, 06:30:13 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
I also played it for the first time on Rollbit. They were super new on the forum when I joined the casino just to try it out. It was the only game that attracted me since other games like slots, in House crash, and others were already my favourite from other platforms. The trade prediction game is fun but it’s risky in terms of probability of winning. A small error of margin can lose you money but if played with accuracy then you can earn many folds. I don’t think I’m playing it again since I got too lethargic about it. When I play slots for example there are many things happening at the same time. The slots moving, lines getting created, symbols getting arranged and there is always excitement about the jackpot and free spins. So changed my attention quickly from trading game. It’s more or less below arcade category.
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cafter (OP)
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October 16, 2023, 06:41:36 PM |
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I've considered trading a way of gambling for quite some time now, especially when we talk about futures or intra-day trading, so I think that the target already exists as users in the exchanges. On the other hand, taking into account that the current users of crypto casinos are already familiar with cryptos (obvious) and many of them also like trading, I think that this hybrid can be successful, so chances are that we see this kind of games soon in other betting platforms too. This game is very intesresting to play and more addictive then crash game we see on every casino, if this game was liked by many players, then surely these game will be seen on more casinos, but this type of heavy games make casinos slow and lag sometimes, I recently visited rollbit the website was taking minutes to load properly. This is called binary options and some people regard it as trading, but we traders consider it as binary option which is more related to gambling. It is different from the options on crypto trading platforms. Also it is more like trading tradional currencies on 1000x leverage, but currencies are safe because they fluctuate very small points, but in crypto it is far riskier then currency trading and that also with 1000x leverage. enough leverage to wipe you out in a fraction of a second. but the game is fun to play
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BitcoinPanther
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October 16, 2023, 06:53:23 PM |
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It is convenient to have a trading feature if the casino does not merge the deposit in different coins. Instead of using external exchanges in converting coins, it is a breeze that we don't need to withdraw the transaction and pay a withdrawal fee just to convert our coins into different coins. So I look at this feature as a positive one that can attract users to use the platform. Aside from that, this kind of casino-exchange enable gamblers to take advantage of the volatility of the coins and give an option for the gambler to take profit from trading.
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edmundduke
Legendary
Offline
Activity: 1624
Merit: 1007
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October 16, 2023, 07:06:52 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
It can be pretty fun change for just regular gambling. Depending on the timeframe it also has an element of skill in it so its not complete gambling. I think Binance has something like that aswell, they have a leaderbpard for it and tournaments aswell. Its pretty difficult to win a lot with it BUT the skill part makes a difference there, ive seen people with 70+ wins in a row
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Gozie51
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October 16, 2023, 07:10:10 PM |
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when I put the option up and put in a few minutes, I saw the price rising but when the minutes were almost up the price dropped a lot and as a result I lost, so I put in another 5$ and lost, again I put in another 5$ and I lost, I was losing like that for a few weeks and until I told myself it was time to stop doing it, I wouldn't be able to win anything. and that was my experience with binary options
But I think what you did was trading and which is obviously risky that you can lose every money you have trading with. I think this is more like predicting and betting, not real trading. Like if you have analyse the direction of the price, you place a bet on it depending on the time. This will not be like binary that you need to credit your account like a bankroll and trade from it. You can bet minimally as you can afford to lose just like the usual betting.
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livingfree
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October 16, 2023, 07:24:48 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
Options and leverage are actually gambling. And choose whichever is the fun type that you're enjoying of this game. There could be unpredictable moments that you might hit it and you'll be proud of yourself because you just predicted it right and bet on it. But it's also the quickest way to lose what you've got, so you just gotta choose and enjoy if you're into this. It's like a crash game that you'll never know when the pump will stop and when a dump will come.
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cabron
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October 16, 2023, 07:41:17 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
Options and leverage are actually gambling. And choose whichever is the fun type that you're enjoying of this game. There could be unpredictable moments that you might hit it and you'll be proud of yourself because you just predicted it right and bet on it. But it's also the quickest way to lose what you've got, so you just gotta choose and enjoy if you're into this. It's like a crash game that you'll never know when the pump will stop and when a dump will come. With binary options, you only make about 80% profit for every bet but with leverage trading, you can make a ton of profit as long as you exit your position while the market goes in your direction. While I like playing the binary option, I wouldn't want to play on another casino. What I'm looking for is a platform made only for binary options just like the IQ Option. This however is not just for crypto thats why it needs KYC as well.
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Ruttoshi
Sr. Member
Offline
Activity: 504
Merit: 403
Baba God Noni
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October 16, 2023, 08:44:24 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
This is the same thing like sportsbet and any game that we give predictions on. In this one, it is the price of bitcoin that we use to gamble to win or lose. It is similar to trading as both of them are very risky and it is 50-50 chance of winning like every other gambling game. Like other posters said, it is called binary trading. This is because it is hard to predict which direction the market will go. It will be very profitable during the bullish market because the price of bitcoin will go in one direction which is up.
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BenCodie
Legendary
Offline
Activity: 1694
Merit: 1048
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October 16, 2023, 09:06:46 PM |
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Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
A quick reminder to nobody specific; you can never have or be given an edge over the house. Don't get it twisted it has always been about the house over us. https://twitter.com/rollbitcom/status/1713919556568113503?s=48&t=F5IdUjmynVsWUR2SppNwyAThis is still gambling albeit that it has somewhat trading features if am to play I will maintain a gambling mindset towards it because that's what it is and nothing like doing trading about it. I'll consider this development in gambling as an amusement trading experience a more fascinating way to keep the fun going. Nothing but eye candy to attract people to the game. I don't believe for a second that this is just some average user and not someone who is in some way incentivized or paid by the casino to bet, or to promote, or both. Binary is more or less gambling so for such i wont be surprised to see the feature being implemented on Bc.game or any other casinos coming up with the development, sometime it hjusta a line between gambling and trading and the two can co-exist without any form of a problem and is a good addition to the catalogue of exchange.
I agree with you, binary options trading isn't trading at all but a type of gambling. No one is smart enough in trading to get perfect ups and downs and in binary options trading we have to guess instead of having any strategy. In fact most of the Binary options brokers are known for their shady ways that allow them to manipulate the reds and greens in order to ruin traders trades and they are known for such shady manipulations. I hope that something like that may not happen with the similar games that bc.game offers but it's similar in nature then best of luck to get ruined. I will once again say that such kind of trading has nothing to do with the trading that we do and it's just another pure version of gambling thing that bc.game added on their system. There's no reason why we should think that BC.game, Rollbit or any other casino is legitimately offering binary options. At the end of the day, the downside risk is huge and the upside potential is very easy for them to achieve. Sure, they might some winners slip through to balance the odds, but overall I can pretty much guarantee that the way it would work would be well and truly against yhenplayers, and is most probably manipulated in some way.
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rhomelmabini
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October 16, 2023, 09:52:17 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
Never tried it but I think it's still gambling for me and not actually trading, probably just the part that it has charts but it ain't literally trading if I may asked. I don't think this will give you advantage at all unless you're really good at it, in the end it's still gambling and there's no guarantee you'll win at every turn.
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Aanuoluwatofunmi
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October 16, 2023, 09:53:35 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
There may seems to be more advanced system of introducing trading in gambling but we may not really call that as trading because you're dealing with that on a casino, which is automatically on the basis of gambling and has the same features of gambling and not trading, now we can gamble on any ground, use anything to stake and place bet on that as long as that thing will catch our attention, make us win or loose and also deserve the risk of putting our money into it for betting, this doesn't still guarantee us having edge in winning over the house while gambling.
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Broadanbig
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October 16, 2023, 10:20:20 PM |
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This should be the first time I am hearing of such here that casinos are beginning inculcate trading into gambling. I think this is a good idea and innovation in the casino as a whole to start seeing this gamble trading features. Ideas of this nature keeps the trend going and gradually other casinos would follow up in adopting it and it becomes a normal in the industry. I think Credit should be given to the sole originator of this idea as he or she has brought a good strategy to being relevant in the casino industry. I would not be surprise it could be a gamblers idea to do this and see how it works and here it is as two casinos already adopt it and making it reality.
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Ever-young
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October 16, 2023, 10:32:05 PM |
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Nothing but eye candy to attract people to the game. I don't believe for a second that this is just some average user and not someone who is in some way incentivized or paid by the casino to bet, or to promote, or both.
According to the source and some speculation online many actually believe that the bet might have likely be made by Cointelegraph which was among those that spread the fake news of SEC officially approving bitcoin ETF, if that’s true then the reason for the fake news is clear as that might have been done to manipulate this market in other for price to go up and there bet could be won as expected. That might not entirely be it, but if the casino is not joking with those image then there might be some real players pulling that shit up.
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qwertyup23
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October 16, 2023, 10:34:06 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
I think this is a good introduction in innovating a gambling website. Given that lots of people trade nowadays, it is no surprise that gambling websites have integrated a trading feature where people can gamble and trade at the same time. I just hope that the trading feature that these gambling websites integrate would be convenient and easy to operate in order to fully maximize this potential. Though this may be the case, I do think that this kind of feature would still be gambling per se just guised as a trading feature. It may look like a person is trading but in its essence, it is still within the scope of gambling.
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BitDane
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October 16, 2023, 10:46:56 PM |
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Binary is more or less gambling so for such i wont be surprised to see the feature being implemented on Bc.game or any other casinos coming up with the development, sometime it hjusta a line between gambling and trading and the two can co-exist without any form of a problem and is a good addition to the catalogue of exchange.
I agree with you, binary options trading isn't trading at all but a type of gambling. No one is smart enough in trading to get perfect ups and downs and in binary options trading we have to guess instead of having any strategy. In fact most of the Binary options brokers are known for their shady ways that allow them to manipulate the reds and greens in order to ruin traders trades and they are known for such shady manipulations. I wonder where does Ojima-ojo get this binary options idea??? I think @OP is talking about trading feature that is implemented on the gambling casino site. Binary option is different from a trading feature and it is given that Binary option is a gambling itself. I hope that something like that may not happen with the similar games that bc.game offers but it's similar in nature then best of luck to get ruined. I will once again say that such kind of trading has nothing to do with the trading that we do and it's just another pure version of gambling thing that bc.game added on their system.
I do not mind if a casinoe implement a binary option, we can just avoid it if we don't like the game but having a trading feature implement in a casino is a good thing. We can easily convert our different coins and tokens in a single cryptocurrency.
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Wexnident
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October 16, 2023, 10:56:26 PM |
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Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time. This is became my favorite game. What do you think of this game? Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
Oooh, so you're not trading, you're guessing how much a coin increases/decreases and you get profit based on the multipliers calculated from that huh, kind of interesting. It replaces the idea of volatility with a simple bet instead and from what I understood, it should have far fewer losses in comparison to trading directly since the bet is a flat amount itself. It's definitely interesting, one that might get gamblers to be interested in crypto but I'm curious as to how these casinos pick what coins they use for these types of things. I think it depends on how the "wins" actually work? I'd say the casinos set up the bust price to be calculated by a trading algorithm they have, possibly a bit lower/higher on the ones that they set up so that there's larger chances of you being bust than you hitting. Unless there's something different that I read (more like assumed) wrongly though.
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