Betting on the price falling | Bitcointalksearch.org

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: Maestro75 on August 17, 2019, 01:15:04 PM

Quote from: TheBusstop on August 09, 2019, 04:56:04 PM

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

I hate to admit that I do not like the way bitcoin dominance has rose in the past few months. This will not allow the general market grow. I think it is almost 70% at this time. I hope it goes down so we can see new projects and ICOs rise to full potentials. This huge bitcoin dominance is dragging cryptocurrency down.

I bet, this situation will last for a long time, probably up to 2020. The crypto society is waiting for 2 major events - Bitcoin halving and Ethereum 2.0 launch. Therefore, people are very cautious now to invest in altcoins as they cannot guess what will happen to tokens in less than a year when these global (in the crypto world) changes happen.
Suppose, BTC will be dominant for all this time.

TheBusstop

jr. member

Activity: 280

Merit: 5

no need to do that. nobody is right about the price actions. even professionals make mistake in price prediction. it turns out that the day the trader pros give a bullish signals, expect a bear market and when they tell you that the market is bearish, expect a bull market. don't waste your gambling on prices. make your choice, if it works good. if it fails, move on.

Lanatsa

hero member

Activity: 2968

Merit: 687

For pure Leverage go with Bitmex.com

For one time betting or some sort of gambling then go for: Betinance.com

For brokers : IQoption or Tradersway.

guoyu78

hero member

Activity: 1190

Merit: 541

Quote from: Maestro75 on August 17, 2019, 01:15:04 PM

Quote from: TheBusstop on August 09, 2019, 04:56:04 PM

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

I hate to admit that I do not like the way bitcoin dominance has rose in the past few months. This will not allow the general market grow. I think it is almost 70% at this time. I hope it goes down so we can see new projects and ICOs rise to full potentials. This huge bitcoin dominance is dragging cryptocurrency down.

There is nothing there not to like, what is happening to bitcoin today is as a result of the effort that satoshi has out into the project and how hard he has worked on it before leaving the market. These altcoins that you are crying over, how many of them are really working to expectation, none that much except the top working ones, most altcoins only come to take money from people and they don’t deliver on their promises, so don’t blame bitcoin that has delivered on his promises and has a working product that is speaking for it.

If bitcoin will dominate from now till 100 years, I support it please, if altcoins are serious, let their project developers put the effort that satoshi too put and let them stop dulling.

Maestro75

sr. member

Activity: 1960

Merit: 329

Quote from: TheBusstop on August 09, 2019, 04:56:04 PM

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

I hate to admit that I do not like the way bitcoin dominance has rose in the past few months. This will not allow the general market grow. I think it is almost 70% at this time. I hope it goes down so we can see new projects and ICOs rise to full potentials. This huge bitcoin dominance is dragging cryptocurrency down.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: silversurfer1958 on August 15, 2019, 11:37:59 PM

Quote from: Bitman17 on October 30, 2017, 04:23:31 AM

Is there any way of betting on a price fall? I can't find any derivatives for that.

It is called margin trading and currently there are many traders doing it at Binance, Bitmax, Bitmex, ...
You should also participate in it to have more liquidity. I suggest you join Binance's margin trading.

Be careful because you need to have skills to do leverage trading and I think that will be complicated than the normal trading in the exchanges. You need to know when to buy and sell the bitcoin because the price will always move up and down. And if you don't know where the price moves, then that will be difficult for you to make a profit. I think you can start with binance because that exchange will look easy to understand to start trading. You need to make yourself familiar with the normal trading until you can improve your skill so when you start leverage trading, you won't be confused.

mescalito

full member

Activity: 351

Merit: 101

Quote from: SquallLeonhart on August 16, 2019, 11:34:05 PM

I know there is a ton of methods to do this and everyone talked about how it can be done but nobody mentioned how dangerous it is. Bitcoin is an anti-inflation currency which means it will go up with time all the time, of course it drops a lot of times but that doesn't matter since the long term it is against the valuation of dollars.

We all know people could have bought houses for 100 dollars maybe 100 years ago and nowadays we know it costs a million dollars, that is of course over the span of 100 years but if you look at 10 years ago and today you will see inflation affects as well, hence why bitcoin will always go up in each decade. So, if you do this in the long run there is a chance you end up losing money, maybe in short term you may profit but not constantly.

You're right, that's why only long term longs are the only viable way to make money.

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

I know there is a ton of methods to do this and everyone talked about how it can be done but nobody mentioned how dangerous it is. Bitcoin is an anti-inflation currency which means it will go up with time all the time, of course it drops a lot of times but that doesn't matter since the long term it is against the valuation of dollars.

We all know people could have bought houses for 100 dollars maybe 100 years ago and nowadays we know it costs a million dollars, that is of course over the span of 100 years but if you look at 10 years ago and today you will see inflation affects as well, hence why bitcoin will always go up in each decade. So, if you do this in the long run there is a chance you end up losing money, maybe in short term you may profit but not constantly.

silversurfer1958

full member

Activity: 474

Merit: 111

Quote from: Bitman17 on October 30, 2017, 04:23:31 AM

Is there any way of betting on a price fall? I can't find any derivatives for that.

It is called margin trading and currently there are many traders doing it at Binance, Bitmax, Bitmex, ...
You should also participate in it to have more liquidity. I suggest you join Binance's margin trading.

Nellayar

full member

Activity: 868

Merit: 185

Roobet supporter and player!

Quote from: ?? on ??

Quote from: Bitman17 on October 30, 2017, 04:23:31 AM

Is there any way of betting on a price fall? I can't find any derivatives for that.

I bet on trading when price fall because l can have still profit in trading even the price is very low. Its just too hard work because you monitor the price at all times to have profit. Its good akso if your a giid speculator in it.

It is good for you and for all of us to get profit by trading in falling price in crypto. When the price falls we can buy and store for long term trading. We can bet confidently because we know if today the price is low it will be high tomorrow we only will have keep patience and hold until it recovers once again

We can't take profits if the prices is falling. Imagine, if you bought bitcoin in 13K dollar value and sell it in 9k dollars. That is really a suidice trade for you. You can have the bottom pick. I suggest that when the market is bloody, pause a littile while then try to trade again when you see that the market is stable at the bottom. Buy the dips then sell the highs. That is the logic of the market.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

There is this site before called secondstrade where you can place your bet on the direction of the price of Bitcoin, if its going down or up after 5 mins. This site is also well known on this forum because of its signature campaign but there's a lot complaints of non payment after winning. Site is now closed anyway. There are Binary trading sites out there like iqoption.

playboy654

member

Activity: 546

Merit: 32

I saw price prediction game from Mic for every quarter so if there is someone want to bet you can watch his thread and bet on the right time.Not sure currently any open time to bet.

katerina5643

newbie

Activity: 56

Merit: 0

Quote from: darewaller on August 11, 2019, 07:52:26 AM

Quote from: ?? on ??

The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.

It is much more insane to bet on price fall really on a market that everyone, even newbies knows that is very volatile, and anything could happen to the price of the cryptocurrency at any time, if even gamblers can bet on ant and animals, is there anything that they cannot gamble on and with?Well, I would not be against that fully because we know that anything betting is all about gambling and those who would be participating in that would strictly be a gambler and will surely enjoy doing so.

Trading is really the king of making money in this cryptocurrency and if one can get the right strategy to trading, no one will be looking at all these silly gambling games provided they trade on the best trading sites like Binance and the trading site that you mentioned also.

I try to consider all the small things. I've seen analysis provided by Monfex. They say that it's a low chance that in short term BTC will break above 12 00$ and atm we can observe downward Trend. But over time crack to 12 400$. If you go short they suggest to sell at 11 600$,stop-loss at 12 000$ and take profit at 10 800$.

darewaller

hero member

Activity: 2926

Merit: 640

Quote from: ?? on ??

The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.

It is much more insane to bet on price fall really on a market that everyone, even newbies knows that is very volatile, and anything could happen to the price of the cryptocurrency at any time, if even gamblers can bet on ant and animals, is there anything that they cannot gamble on and with?Well, I would not be against that fully because we know that anything betting is all about gambling and those who would be participating in that would strictly be a gambler and will surely enjoy doing so.

Trading is really the king of making money in this cryptocurrency and if one can get the right strategy to trading, no one will be looking at all these silly gambling games provided they trade on the best trading sites like Binance and the trading site that you mentioned also.

Spaffin

full member

Activity: 1316

Merit: 108

Is it possible to bet on a drop or a rise in prices in the cryptocurrency market? For some reason I thought that this was impossible, although I also did not see any derivatives for this. In my opinion, it is not better to take part in trading yourself if there is any confidence in certain indicators of projects in the cryptocurrency market and get even more profit than from rates. Indeed, if we take for example bets on the results of a sports game, then bookmakers make them because they cannot become winners of the prize pool.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: mescalito on August 10, 2019, 01:53:47 AM

Quote from: TheBusstop on August 09, 2019, 04:56:04 PM

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

IMHO the long term dominance will be around 75%. However I think it can drop to 50 in the coming years during the next bubble.

You are talking about the possibility but I will be one of the investors that are not happy with the current dominant rate of BTC.
As it keeps increasing it's making the altcoins market bad and that is not good for the entire crypto market as even if we are proud to say we are investing in bitcoin but deep inside we also know we are investing with altcoins and as an investor, we all want to be profitable with majority of our holdings.

Crypto Denada

newbie

Activity: 22

Merit: 0

bitmex, or btc futures

mescalito

full member

Activity: 351

Merit: 101

Quote from: TheBusstop on August 09, 2019, 04:56:04 PM

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

IMHO the long term dominance will be around 75%. However I think it can drop to 50 in the coming years during the next bubble.

TheBusstop

jr. member

Activity: 280

Merit: 5

i can bet that bitcoin might create over 80% dominance in this crypto market. so far the bitcoin dominance is getting out of hand and altcoins are failing rapidly. this might affect the current market condition and it is not a situation for cryptocurrency. there should be balance to avoid a total loss in the altcoin market. people might tends to sell off.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: mescalito on August 09, 2019, 03:13:51 PM

Quote from: ?? on ??

Quote from: cryptoalfs76 on November 14, 2017, 09:10:29 AM

Quote from: Bitman17 on October 30, 2017, 04:23:31 AM

Is there any way of betting on a price fall? I can't find any derivatives for that.

Betting to someone if the price fail is so madness,because we know that the value of crypto currencies is volatile and unpredictable so in order to avoid this,we.must focus in trading process not in betting to someone because it is trading investment and not a gambling investmemt.

Completely agree with you. The best way to make a profit is trading, not gambling. You can go short and make a profit. You can do it on Monfex. I've been trading there for half an year and can state that it's quite a reliable and convenient platform that will suit both newbie and pro trader.

The best way to profit at least for me are long term bets. One can do that in fiat on Kraken with up to 5:1 leverage or directly in BTC https://www.deribit.com/reg-5220.8508?q=home, where you can use options and swaps (including perpetual) that allow up to 100:1 leverage.

Kraken is also a good option but I doubt that most people will likely go with Bitmex.

Topic: Betting on the price falling (Read 18181 times)