Moon.com-Binary Into Leverage Gambling

[ashmodeus]

About 2 weeks ago,Moon.com officially launch. It seems people haven't recognized that site since the launch it self is no ads or some, its just appear form nowhere. About moon.com its a online platform that blends market tracking(crypto or stock),binary options,and high-leverage prediction wagering. With max lev up to 1000x , why i am intrested not because its a trading into gambling but people who created it. According to multiply data i've read on , Easygo Entertainment-the Melbourne-based tech put Moon.com as a newest product alongside Stake and Kick, so i am preety sure Stake CEO's Ed Craven and Bijan Tehrani is people who creating this site, despite there still no official statement about it, but, well as u can see after u regist, its almost same like stake user menu feature's such as VIP,rakeback,Weekly or Monthly, the diffrence is only u and the house. what u must considering about binary options is about who created the price , itsn't ? well, on moon The prices do not come from Moon, which is the strongest fairness point on the site. They are aggregated from DXFeed, Pyth Network and SEDA Protocol, and SEDA has publicly confirmed the relationship.
About perspective of profit, well, i'll put some data from fairgambling.com for calculation.

Bitcoin rises 0.1% and you are up $100 gross; Moon takes at least $10 in performance fee and you already paid $1 to open, so you net about $89. Bitcoin falls 0.1% instead, the bet busts, and you are out $101. Two moves of identical size, before the spread and any holding fee. That asymmetry is Moon's business model.

Rakeback returns 3.5% of fees paid to accounts that arrive via a partnered affiliate or reach Bronze VIP. Moon calls it "passive earning." It is a partial refund of the fees, not of the spread, which is the larger and unpublished cost.

So,how u think ? it this a good business expansion or become a bust,since majority people think binary option its very unfair gambling mode.

[Upgrade00]

They just popped up but seem to brave raised $300 million already. I checked the website but did not see any confirmation on that or their roadmap before they got launched publicly.

I am not a fan of binary options, too heavily dependent on luck with the one or the other answers. The website is well positioned to make lots of money with losses and the house edge they are taking on wins as performance fees.

Those looking for high risk, high rewards stakes will be af home on a service like this.

[stadus]

They just popped up but seem to brave raised $300 million already.

This is quite shady because there is no confirmation about the amount they supposedly raised. We can only see the $300 million claim from social media posts, probably from some influencers, but not from their official announcement.

They already have this news here:
https://www.accessnewswire.com/newsroom/en/blockchain-and-cryptocurrency/moon.com-launches-24%2F7-leveraged-up-or-down-betting-with-losses-cappe-1213878

If they really raised that much, I think it should have been mentioned there because that is a big achievement and it could help build more confidence from users and investors.

[ashmodeus]

Well , i guess u guys miss-understanding about what moon i called , this is not Coin offering or something with a roadmap, i mean listen , this is a multi billions dollar company behind the scene, stake and kick. I mean what the reason they need investors to open new company instead using profit from other company they have for starting, and if needed they will put it on product offering , despite i hear some news which says eddie has buying moon.com instead creating it, eventhough no official statement like i say before.

[rohang]

They just popped up but seem to brave raised $300 million already. I checked the website but did not see any confirmation on that or their roadmap before they got launched publicly.

I am not a fan of binary options, too heavily dependent on luck with the one or the other answers. The website is well positioned to make lots of money with losses and the house edge they are taking on wins as performance fees.

Those looking for high risk, high rewards stakes will be af home on a service like this.

Not sure about how much they raised or if they even need to

But its confirm that this is owned by eddie, founder of stake. So they shouldnt need to raise capital unless its open for partnerships

[Perfectbaby]

Well, I don't know if you are some how connected to this site or you are being hired to post them here on the forum, if you are a representative it would be nice you make a proper presentation about them and post with someone valuable information that needs to be known by the community as I don't see any reason to talk about them here why they are not running any promotions here, and this could likely affect most people who could want to try out the site and if there is any issues or problems they wouldn't be that easily attended to due to they aren't running any promotions.

[o48o]

I wonder how much they paid for the url and how long they have been sitting on that deciding what to do with it.

Also isn't this just trading? I am pretty sure that playing with ridiculously leveraged bet on exchange is trading even if we are not changing the currency. And if it's not for some reason, i don't really get what more i could get from this then from actual leveraged trading. Not that i ever would trade or even play with 1k leverage no matter what the asset is .

I however get how something like this could be an easy and gamified entry for leverage trading.

[Upgrade00]

I wonder how much they paid for the url and how long they have been sitting on that deciding what to do with it.

It must have been a mini fortune to get id they did not already have it. When I was typing it out to search I tried thinking if I knew of any website that used the same url but none came to mind.

Also isn't this just trading? I am pretty sure that playing with ridiculously leveraged bet on exchange is trading even if we are not changing the currency. And if it's not for some reason, i don't really get what more i could get from this then from actual leveraged trading. Not that i ever would trade or even play with 1k leverage no matter what the asset is .

The only difference I think I understand that makes this closer to gambling is that you're speculating more on the very short term price action which makes analysis almost unhelpful.

[notocactus]

From the story about this account, information found by community about this casino, and the posting style of this account, I have very high doubt about a possibility that this account was hacked and sold. I also think the person currently behind this account is from a farm that was reported months ago from Nigeria.

Before any further evidence found, let's be careful with this casino and your money as one shady thing is a red flag, but multiple red flags make it like a very strong warning about something big is hidden.

Red flags mean something and take care of your fund, keep it safely first, don't take risk first.

[Ojima-ojo]

Well , i guess u guys miss-understanding about what moon i called , this is not Coin offering or something with a roadmap, i mean listen , this is a multi billions dollar company behind the scene, stake and kick. I mean what the reason they need investors to open new company instead using profit from other company they have for starting, and if needed they will put it on product offering , despite i hear some news which says eddie has buying moon.com instead creating it, eventhough no official statement like i say before.

Whether or not this moon is core own by stake and kicks, the main question will be wetther this platform will receive the support of people enough to build liqudities before the start having reputations problems, this make is very hard and narrowed for the long term success of the company, since most people have the believe that binary options in leverage wagering as an unfair system that it mechanics will keep favoring the house.


From the read we can see that there is fairness of input, but then we can't use that to treat the fairness of output, so in the end the customer will always have one or two to border about in the long term.

[UserU]

I wonder how much they paid for the url and how long they have been sitting on that deciding what to do with it.

Also isn't this just trading? I am pretty sure that playing with ridiculously leveraged bet on exchange is trading even if we are not changing the currency. And if it's not for some reason, i don't really get what more i could get from this then from actual leveraged trading. Not that i ever would trade or even play with 1k leverage no matter what the asset is .

I however get how something like this could be an easy and gamified entry for leverage trading.

If you've been to WSB, this is just another Tuesday :p

[o48o]

I wonder how much they paid for the url and how long they have been sitting on that deciding what to do with it.

It must have been a mini fortune to get id they did not already have it. When I was typing it out to search I tried thinking if I knew of any website that used the same url but none came to mind.

Also isn't this just trading? I am pretty sure that playing with ridiculously leveraged bet on exchange is trading even if we are not changing the currency. And if it's not for some reason, i don't really get what more i could get from this then from actual leveraged trading. Not that i ever would trade or even play with 1k leverage no matter what the asset is .

The only difference I think I understand that makes this closer to gambling is that you're speculating more on the very short term price action which makes analysis almost unhelpful.

"Almost" unhelpful? There's no analysist or indicators that could predict 0.1% movements from that noise, especially in crypto. And when someone accidentally makes a right bet, it couldn't be proven to be about skill.

You can be in the middle of huge crash or bull run and still get liquidated with 500x - 1000x leverage, because when you look at smaller timeframes everything turns to noise.

High leveraged trading is indistinguishable from gambling in that sense that there's no skill that plays a role here. Even in normal trading skills are matter of debate, but this is just pure guesswork.

[Upgrade00]

"Almost" unhelpful? There's no analysist or indicators that could predict 0.1% movements from that noise, especially in crypto. And when someone accidentally makes a right bet, it couldn't be proven to be about skill.

I left the caveat in cause I have rarely engaged in active trading, I don't know what current analyses are being used. I also did not look deep into the moon website, to know if it was only possible to bet on a 0.1% movement either way. If that's the only option, yes it doesn't matter what you do or how much you know, it's all down to luck.
They are basically a predictions market but it's just yoh against the house.

[Hispo]

I wonder how much they paid for the url and how long they have been sitting on that deciding what to do with it.

It must have been a mini fortune to get id they did not already have it. When I was typing it out to search I tried thinking if I knew of any website that used the same url but none came to mind.

Also isn't this just trading? I am pretty sure that playing with ridiculously leveraged bet on exchange is trading even if we are not changing the currency. And if it's not for some reason, i don't really get what more i could get from this then from actual leveraged trading. Not that i ever would trade or even play with 1k leverage no matter what the asset is .

The only difference I think I understand that makes this closer to gambling is that you're speculating more on the very short term price action which makes analysis almost unhelpful.

I don't think there is actually meaningful analisys one could come up with in order to get some profits off this in the long term, not at least in a reliable way.
This is very far away from trading and completely within the realm of gambling, in my opinion.

If there are traders who believe they could use their knowledge and take advantage of these extremely high leverage positions, then they would soon find out how volatility can wipe out their positions of they happen to be slightly wrong.

Ironically, it makes more sense for a trader to stick to future markets on webpages like Binance, where they at least have more room for risk management.

[Jannn]

Shitttttttttttttttttttttttt man need to jump on this project ASAP !!!!!!!!!!!!!

But fuck man this idiots not allowed on my country man 
This fucking garbage country piece of shit that i'm living !

So will have to pay someone to make an account and verify it for me so i can trade there 
Oh boy........

[Jannn]

faggot moderator son of a bitch deleting posts
mind your onw business asshole

[Zwei]

So,how u think ? it this a good business expansion or become a bust,since majority people think binary option its very unfair gambling mode.

they are going be printing money from the retards who can't do math and fall for whatever marketing they gonna come up with.

Before any further evidence found, let's be careful with this casino and your money as one shady thing is a red flag, but multiple red flags make it like a very strong warning about something big is hidden.

Red flags mean something and take care of your fund, keep it safely first, don't take risk first.

i don't know about OP, but moon.com is legit as far as i know, here is an article about it that goes into more details: https://www.fairgambling.com/guides/moon-com-review. OP actually plagiarized most of his post from it  

@ashmodeus you better edit your post and add the source before your account is nuked for plagiarism. tick tock tick tock...

faggot moderator son of a bitch deleting posts
mind your onw business asshole

how about you go read the fucking forum rules and stop spamming before calling mods names for doing their job.

[ColdLava40]

If they really raised that much, I think it should have been mentioned there because that is a big achievement and it could help build more confidence from users and investors.

If it's really owned by then owner of stake, then why raise capital from investors? Still trying to read on some articles that explains more on it but they do look like authentic platform.

There are few directory to read from but it is  really something big for them to have raised such amount in a short spam of launch, it shows that they will have a good road ahead.

But looking at how they make profits, with $10 from your wins for performance fee, I don't think it will be consistent for bigger bets.

[Hispo]

If they really raised that much, I think it should have been mentioned there because that is a big achievement and it could help build more confidence from users and investors.

If it's really owned by then owner of stake, then why raise capital from investors? Still trying to read on some articles that explains more on it but they do look like authentic platform.

There are few directory to read from but it is  really something big for them to have raised such amount in a short spam of launch, it shows that they will have a good road ahead.

But looking at how they make profits, with $10 from your wins for performance fee, I don't think it will be consistent for bigger bets.

Perhaps the administrators of Stake want this project to be rather independent of their main casino, so they decided to raise capital separately for it, instead of funding the whole thing with Stake money.

It may be a smart move. There are obviously millions of people interested in gambling with incredibly high leverage, and the current state of the futures market is a proof of it.

Also, it catches my attention how they managed to secure such an attractive and short domain for this service, moon(.)com was not cheap to acquire, I am sure about it...