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Topic: 🚀MOONBET.IO Community-Owned Crypto Casino 💸 $100 USDT Deposit Bonus - page 6. (Read 5657 times)

legendary
Activity: 3010
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I’m not taking side between you too but I will just explain what I understand on his explanation. I believe he is pertaining to the risk involved similarities of both trading and gambling. He used the word like to describe how this too topic are related to each other by means of risk which I agree.

Lol, trading and gambling have a different level of risk.  Trading can have or use calculated risk management which mitigates risk or lessen it while in gambling you can't apply that.


But Trading can’t be consider as gambling because they have different goal and type of activity, Trading is an investment while gambling is a game that involves money. They just have same denominator which is the risk involved. Don’t argue on things that you know that will not gonna end.  Cheesy

You can also put money as an investment in gambling which is called a bankroll.  So it is not 100% true that investment is only for trading.  And the risk involved in the two is far too different to say that they are in the same denominator.  1/2  and 1/3 have denominators but as you can see they are not the same, well, you can call them fractions but they are different.  The same as Trading and Gambling.

Why are you discussing this irrelevant topic in the Moonbet thread?



It looks like the price of MBET has been pushed up by about 27%+.  Any reason for this?  The web3 site is still down though, so I don't understand why the price is going up.
hero member
Activity: 2716
Merit: 698
Dimon69
He is not totally wrong in his statement. From the perceptive he is coming from, he is right. Investing in bitcoin is equivalent to playing in casino. Bitcoin is like gambling and that is why you are advised to invest only what you can afford to lose. It doesn't matter how fast you lose in casi or how slow you lose in bitcoin. The important thing is that you cam lose everything in both casino and bitcoin. In the way, you can win big in casino and also you can win big in bitcoin. They are just similar and are all gambling. So, his statement is not totally out of point.
Lol man! Are you ok,dude? then why do you say trading equivalent to gambling? I don't think you know the definition of gambling or the definition of bitcoin trading. In what ways do you think Bitcoin Invest is a gamble? Yes it is true that volatility with the price of bitcoin but have you ever seen that all that you have invested is gone in an instant? In case of gambling, you will lose the entire amount of money that you have invest or you will get much more money than that. I don't understand the similarity of investing in Bitcoin here. I think you have a lot to know or learn. And I think those who are currently holding bitcoin will never face a loss.

I’m not taking side between you too but I will just explain what I understand on his explanation. I believe he is pertaining to the risk involved similarities of both trading and gambling. He used the word like to describe how this too topic are related to each other by means of risk which I agree. But Trading can’t be consider as gambling because they have different goal and type of activity, Trading is an investment while gambling is a game that involves money. They just have same denominator which is the risk involved. Don’t argue on things that you know that will not gonna end.  Cheesy
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
He is not totally wrong in his statement. From the perceptive he is coming from, he is right. Investing in bitcoin is equivalent to playing in casino. Bitcoin is like gambling and that is why you are advised to invest only what you can afford to lose. It doesn't matter how fast you lose in casi or how slow you lose in bitcoin. The important thing is that you cam lose everything in both casino and bitcoin. In the way, you can win big in casino and also you can win big in bitcoin. They are just similar and are all gambling. So, his statement is not totally out of point.
Lol man! Are you ok,dude? then why do you say trading equivalent to gambling? I don't think you know the definition of gambling or the definition of bitcoin trading. In what ways do you think Bitcoin Invest is a gamble? Yes it is true that volatility with the price of bitcoin but have you ever seen that all that you have invested is gone in an instant? In case of gambling, you will lose the entire amount of money that you have invest or you will get much more money than that. I don't understand the similarity of investing in Bitcoin here. I think you have a lot to know or learn. And I think those who are currently holding bitcoin will never face a loss.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS

bitcoin and casino games are different things. I'll give you a practical example:

I highly agree with you.  Bitcoin is a cryptocurrency, Casino game is a game  Grin.  Investment in Bitcoin can be controlled by risk managment factor while you can't do that in betting in Casino games but there is bankroll management.

1 - take 100$ and bet in a casino today, you can choose any casino game, I guarantee you that in 1 week you will lose all your money

If the player is you I bet that $100 bankroll  will be x2 or x3 bigger, of course the possibility to lose is also there.

2 - take 100$ buy bitcoin, I guarantee you that in a week you won't lose all your money, and you won't lose even 1% if you don't sell

I agree,  there might be changes in its paper value but if you buy a $100 bitcoin which is 0.0049 BTC, (that 0.0049 BTC will still be 0.0049 BTC after a week or more).  The valuation may differ though depending on the price of BTC in the market.


any gamble is not profitable in the long run, this is proven, you can hardly beat the casino, gamble should only be seen as fun, they make people lose money, of course I gamble every day and that's why I am saying this

Yeah if we continue to gamble series of red streaks will hit us depleting our bankroll fund.  But I think people can have gambling as a way of earning money but they should only play the skill-based gambling games and avoid the luck based games.  In short they can try to be a professional gambler if they want  Grin.



@OP when are you planning to relaunch the web3 version of you Casino, it seems the announced date will be postponed less than 3 hours before the 7 of July ends.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.
I can see from my own idea that bitcoin and the casino game is somehow similar in terms of price going up and price going down that is falling and The rising the only difference is that bitcoin price is determined by marketers why I should know kind of game is that determined by gamblers so you are not sure of casino because is all about lock why Bitcoin is rotational which role can equally reserve what you have true conversion of bitcoin to a stable coin so the different can be seen has same but not really the same

bitcoin and casino games are different things. I'll give you a practical example:

1 - take 100$ and bet in a casino today, you can choose any casino game, I guarantee you that in 1 week you will lose all your money

2 - take 100$ buy bitcoin, I guarantee you that in a week you won't lose all your money, and you won't lose even 1% if you don't sell

any gamble is not profitable in the long run, this is proven, you can hardly beat the casino, gamble should only be seen as fun, they make people lose money, of course I gamble every day and that's why I am saying this
sr. member
Activity: 1330
Merit: 289
Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.
I can see from my own idea that bitcoin and the casino game is somehow similar in terms of price going up and price going down that is falling and The rising the only difference is that bitcoin price is determined by marketers why I should know kind of game is that determined by gamblers so you are not sure of casino because is all about lock why Bitcoin is rotational which role can equally reserve what you have true conversion of bitcoin to a stable coin so the different can be seen has same but not really the same
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
If a token is launched in this bear market, it is more likely to go down. If it is thought positively it proves that it is controlled by a strong team due to launch new token in the negative environment. If they do not have backup they will never bring new tokens in this market. However, if they can do their campaign properly, it can also be a potential project. As far as I know, they are trying to do that.
I would also say the same thing. And also I think they have this capability cause when I was in moonbet R1,R2 signature campaign I saw the trade volume of 24h is turning into 500-2.5k or above . But today it's volume over 141k . Great job done by Moonbet team ✅. I would say congrats to moonbeet. And I hope they could handle this brear market and wanna see their more potential step . Wink

I hope the trading volume continues to pick up.  The trading volume was almost dead a few days back and I was surprised how the volume goes up today.  Btw, I was also part of their sig campaign.  I am thinking if it is possible for the price of Moonbet to surge despite the bear market when they launched their Web3 Casino?  The increase of trading volume looks like a positive sign to me.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.
I agree with you.
I don't think that "investing" in Bitcoin or "playing" in a casino is the exact same thing.
One is an investment with high risk and high potential. One is a game done for fun, which could have a high potential but has a very high risk.
There is a difference between playing and ivnesting in an asset with high volatility.
You interpret his comment the other way around. Bitcoin investment is low risk and with good return in long turn while playing in casino is very high risk since you can lose your money in a glimpse of an eye with just a wrong bet. Losing in gambling is much worse than investing on high volatility asset because you can still recover when you just hold and accept paper loss while you loss permanently your money in gambling. That’s the big difference of the two.
I think he was referring on the first commentor because the second commentor talks differently. Bitcoin is high volatile so don't say that it was low risk although you can lower down your risk if you will invest smaller amounts but don't expect that you can get a good return however the returns are a lot better if you long term hodl it. Casino games are risky in a way that it depends on luck.

We can lose money quickly if we play recklessly but if you will learn how to budget your bets, you can last longer. If you play for profit then you will feel miserable once you lose in gambling but if you will play for fun then losses are completely normal to you.
hero member
Activity: 1092
Merit: 747
If you are not so sure about Moonbet then don't do anything either playing or investing through MBET tokens, this is just my personal view on moobet I'm not defending, I only hold MBET tokens a little at the moment and I'm willing to take the risk
because I know and I am ready to accept the risk even if I lose my money

Yeah.. you actually have a point her, because I think this should be the mindset of anyone investing in any of these coins now, because one thing I have personally observed is that most of these projects come up with a very good plan but as time goes up, you see the project turning the other way round, which is highly discouraging if you had put all your hopes in it, investing all your funds. That's why it's always good to invest in shitcoins only an amount you can afford to lose, so that it doesn't bother you if the unexpected happens.
sr. member
Activity: 1274
Merit: 457
Vave.com - Crypto Casino
If a token is launched in this bear market, it is more likely to go down. If it is thought positively it proves that it is controlled by a strong team due to launch new token in the negative environment. If they do not have backup they will never bring new tokens in this market. However, if they can do their campaign properly, it can also be a potential project. As far as I know, they are trying to do that.
I would also say the same thing. And also I think they have this capability cause when I was in moonbet R1,R2 signature campaign I saw the trade volume of 24h is turning into 500-2.5k or above . But today it's volume over 141k . Great job done by Moonbet team ✅. I would say congrats to moonbeet. And I hope they could handle this brear market and wanna see their more potential step . Wink
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
50% of the holding is too high. I think the remaining 50% for development & marketing as well as an operation must be cut down to (Max) 30%.
Also, it's a good option that the Holders will also be able to participate in votes to decide the direction of the project which is indeed a more attractive option.
Being licensed by Curacao Gaming Control Board is also a positive aspect of this site. But in my opinion, you must review the holding %.

Are you sure about your percentage figure suggestions? Marketing is the most crucial part for the success of a Casino due to competition. They are just using 50% of the funds that will gather on ICO for there overall marketing is a good strategy since they already develop the casino. Maintenance and other expenses can be covered by the future profit which will be highly dependent on there marketing strategy. Saving money from marketing is a big mistake from a business.

This casino has not been launched yet but hopefully it will be launched soon but it is expected that they will get better from it after the launch of Note but here it seems that it is not going to be very good.
Already about a year passed from the beginning of these announcement thread but not yet they have launced so it seems something suspicious. They might not be successful. Yet hope they will launch the project and they will take care to those who has invested on this project.

Don’t expect much abou this project, They seems have trouble on the funds since the last time I check them, There token trading volume is less than 100$ while there telegram community is almost dead at that time. But now there token is completely untracked status on coinmarketcap which means there trading volume is very low and close to no activity at all. This project start weak even before and its noticeable that they are having a hard time to continue due to there slow progress.
let's just wait for them, I think they will lose if they have to leave the gambling site they made and some progress it's just that it doesn't look good at the moment, maybe they are looking for investors so they can develop more, it's a shame if they have to fail because of their token status already registered on the exchange and they already have the product and have launched

Here what exists is a great speculation about the possible data that Moonbet could handle, although marketing is a very essential point (I consider it to be so) since I am one of the people who think that the money spent on marketing to a casino that pays for itself over time, it is a fundamental factor, not only marketing that is something radical, which can include a signature campaign and marketing on social networks, it would be ideal if and only if the site has the monetary strength to do it, otherwise I think that starting with small contests through twitter is a good option, maybe that way you will get more customers, traffic, which is what your casino needs most.
hero member
Activity: 2128
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Leading Crypto Sports Betting & Casino Platform
Isn't the casino planning to go online several hours from now?  I have been watching the Moonbet market for about two to three months now, it looks like the upcoming event doesn't even have an impact on the market.  Hopefully, the price pick up when the Casino relaunches.  It was really a wrong timing when they decided to shut down the casino after the signature campaign here in the forum.

For the their token, I really think that this is not the right time to push any new token to the market. The wave of the bear might not have ended, and it could extinct a new coin by a twinkle of an eye.
If a token is launched in this bear market, it is more likely to go down. If it is thought positively it proves that it is controlled by a strong team due to launch new token in the negative environment. If they do not have backup they will never bring new tokens in this market. However, if they can do their campaign properly, it can also be a potential project. As far as I know, they are trying to do that.
sr. member
Activity: 994
Merit: 441
Moonbet Sports Betting Casino Site Welcome to the Bitcoin Forum. You will continue to work in this forum with honesty. Of course, I have found proof that you are working honestly.I have worked on your project in the signature camp and you have paid honestly.We have visited your website. By visiting I have seen many beautiful websites.Develop your project more and create more bonuses and jackpots.
hero member
Activity: 3010
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Isn't the casino planning to go online several hours from now?  I have been watching the Moonbet market for about two to three months now, it looks like the upcoming event doesn't even have an impact on the market.  Hopefully, the price pick up when the Casino relaunches.  It was really a wrong timing when they decided to shut down the casino after the signature campaign here in the forum.
Oh, has moonbet been un the forum before now and already launched signature campaign? That's interesting to know and if they shutdown after a signature campaign, it was a wrong timing. That's what I always say that a company should be prepared in functionality and in finance before launching a signature campaign in the forum. Meanwhile as they are returning, they are likely to relaunch another campaign.

For the their token, I really think that this is not the right time to push any new token to the market. The wave of the bear might not have ended, and it could extinct a new coin by a twinkle of an eye.
Everything should really be on the right timing and its true about token launch into this bear market is never been not that ideal but of course it would really be introduced once they would make some

comeback in the market.Speaking about marketing and exposure then allocation of funds should really be that sufficient or really that enough rather than on falling short.

It might be that simple aspect but it does really give out that big effect in the long run which as a business then it wont really be appealing for it to happen.
rby
hero member
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Brotherhood is love
Isn't the casino planning to go online several hours from now?  I have been watching the Moonbet market for about two to three months now, it looks like the upcoming event doesn't even have an impact on the market.  Hopefully, the price pick up when the Casino relaunches.  It was really a wrong timing when they decided to shut down the casino after the signature campaign here in the forum.
Oh, has moonbet been un the forum before now and already launched signature campaign? That's interesting to know and if they shutdown after a signature campaign, it was a wrong timing. That's what I always say that a company should be prepared in functionality and in finance before launching a signature campaign in the forum. Meanwhile as they are returning, they are likely to relaunch another campaign.

For the their token, I really think that this is not the right time to push any new token to the market. The wave of the bear might not have ended, and it could extinct a new coin by a twinkle of an eye.
legendary
Activity: 2954
Merit: 1153
Isn't the casino planning to go online several hours from now?  I have been watching the Moonbet market for about two to three months now, it looks like the upcoming event doesn't even have an impact on the market.  Hopefully, the price pick up when the Casino relaunches.  It was really a wrong timing when they decided to shut down the casino after the signature campaign here in the forum.



Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.

Is that worth answering LOL,  joannsabki's post isn't even related to the thread.
hero member
Activity: 924
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Leo is resting.
Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.
You can help him by letting him know that bitcoin is not a game and can not be compared to a casino.  Bitcoin is in no way similar to a casino game because in a casino game people gamble with their funds to either catch fun or multiply their funds but bitcoin investment is a future asset that is controlled by blockchain technology. Bitcoin is a digital asset while the casino is an online gambling game that has nothing to do with digital assets or investments.

Investing everything one has in a casino means throwing your money into the trash because you may never have a positive output but when you invest in bitcoin you are going to be rest assured that you will not lose your funds so long as the market keeps going up even though we are experiencing a bear market now, the bull run will come soon.
newbie
Activity: 56
Merit: 0
Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.

I agree with you.
I don't think that "investing" in Bitcoin or "playing" in a casino is the exact same thing.
One is an investment with high risk and high potential. One is a game done for fun, which could have a high potential but has a very high risk.
There is a difference between playing and ivnesting in an asset with high volatility.

You interpret his comment the other way around. Bitcoin investment is low risk and with good return in long turn while playing in casino is very high risk since you can lose your money in a glimpse of an eye with just a wrong bet. Losing in gambling is much worse than investing on high volatility asset because you can still recover when you just hold and accept paper loss while you loss permanently your money in gambling. That’s the big difference of the two.


IYeah I was meaning to say the same thing.
copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
Investing in bitcoin is equivalent to playing in a casino and investing everything you got.
I am thinking what should I say to you against your comment. You have no idea about bitcoin or any stock market. On casino you can lost your fund within a second. But from the history of bitcoin it is known to everyone that how the price of bitcoin go down and again go up. See the beginning price of bitcoin and the price of bitcoin now.
newbie
Activity: 56
Merit: 0
And...there is no slippage....because the token is not on any dex. If you see it on a dex is just a small liquidity added by a random guy. But we are talking of maybe a couple hundred dollars... the token is available only on BITMART and BITFOREX. Those are the only places supported by the project.


They should start fixing there listing in both coingecko and coinmarketcap because the token is already untracked on both important price aggregator to check info about the Moonbet token. Coingecko only shows Bitforex as listed exchange while coinmarketcap completely untracked all the exchange listing. I hope they should fixed this in preparation for there big update next month since there target relaunch is just a few weeks from now. Most of user here purchased on Pancakeswap because Bitmart and Bitforex is a CEX and user here preferred DEX.

The team confirmed that the tracking on CG and CMC will be fixed in the next days. The've already got in contact with Bitmart to solve this issue.
Regarding the fact that some people bought on PancakeSwap....that's a bad choice. Because the project has no loquidity on PCS. Just on Bitmart and Bitforex.
If you buy 100 dollars on PCS the transaction would have an impact of maybe 70% on the liquidity.... so it's quite clear that the project doesn't support the DEX.
Clearly those who bought on PCS invested just few dollars on the token. If you are really interested to invest in the project the only choice is Bitmart.

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