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10021  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: November 13, 2016, 03:49:48 PM
You should invest a certain portion of your earnings into bitcoin which will be your capital. Investing everything into bitcoin is suicidal. The prices can fall and you can end up with huge losses. Going all-in is never a good option, rather seems to be a desperation. Its better to invest portions into in and then reap profits from them.
10022  Economy / Gambling discussion / Re: Who can tell that when our luck come to us? on: November 13, 2016, 09:11:31 AM
I can tell you that luck never does, because there is no such thing. It is all pure mathematical probability with us giving some prefferences and taking one thing into consideration more than other. It is due to our mythological (partly) way of thinking.

No dude, luck is there but it doesn't support everyone all the time. It comes and goes, but we don't know when.
But when it comes and we know that it's with us and we do the right part at the right time, we will win at any cost.

Luck has the bad habit of slipping past our hands when we need it the most Grin and shows up all of a sudden as well. If you think rolling a low probability roll is luck then you may consider it comparable to mathematical probability however in casino gambling, its hardly the fact since it is your greed that makes you roll and lose, sometimes getting lucky and rolling a big win. Grin
10023  Economy / Gambling discussion / Re: MY gambling strategy to limit loss and make btc on: November 13, 2016, 09:07:46 AM
Any method or strategy is bound to fail in real life. Why? because the maths is based on some assumptions that are rarely true in real life.

In general if you find any strategy useful, dont overdo it. Use it to make some wins (and loss) and then cash out while still on a green streak. If you keep on betting you are bound to lose. In other words, dont get greedy and depend on the method fully while your common sense and responsibilities are overlooked.
10024  Economy / Gambling / Re: Investing in btc casinos on: November 13, 2016, 09:01:49 AM
The house edge in casinos makes the winning chances lower by X%. This helps the casino to in theory, gain profit over the long run. However, investments in casinos has various risks. Whales make suddenly wipe a huge percentage of the bankroll and decrease your investment significantly. If the investments increases afterwards, your share of profit becomes lesser and it is harder for you to recover. If a hack were to happen, it would be hard for the casino to compensate for your loss.

A big whale can wipe away a lot of the bankroll but that same whale can lose a lot as well. In general the greed of people along with other emotions are exploited by the casinos. If that same gambler keeps on gambling while still in that situation of winning big then they will surely lose at some point. It is worth the risk in my opinion and even if does not, nothing in this world comes good if you dont risk it.

As far as a a casino getting hacked, its not in our hands to stop that from happening. Still people should do research before investing.
10025  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 13, 2016, 08:58:22 AM
Anything that allows you to win money easy way you will try even just one time, the human does like challenge and rewards, and if you mix them you will get the result, the potencial earnings anyone can get at gambling make us believe we will win those someday.

People want money for free, its as simple as greed. Everyone wants free money even if that is by rolling a few dice or spinning slots. Most of them dont even understand that they are losing more than what they win. Also the tempting advertisements and the hope to lead a more happy and rich life attract potential gamblers and get them addicted to it.
10026  Economy / Trading Discussion / Re: Best Investments on: November 13, 2016, 08:56:21 AM
Best investments are bitcoin itself since the price will rise in future even more. Other than that you can try altcoin mining and altcoin trading. You can also try investing in a casino bankroll if you are not a panicky investor. Also trading is a good method but then you must have the nerve to not panic when prices fall and take wrong decisions.
10027  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 12, 2016, 08:48:24 PM
Do not ever expect a government body to help bitcoin or in that sense any crypto currency in near future. Bitcoin is hurting the banks and the black marketers a lot and they are the ones trying to spread FUD about it as well.

Trump belongs to this category as well and any other government official of any country. Their talks of supporting bitcoin and blockchain based technology are simply "Vote Collecting" techniques.
10028  Economy / Gambling / Re: Primedice | Most Popular & Trusted | Huge Community | Free BTC on: November 12, 2016, 08:43:39 PM
After months and months of Mod suggestions and bugs being reported, and have most of them completely ignored by the Admins and Devs, along with 0 communication from Stunna, as well as a mute issue I've been complaining about for months and have mentioned to the Admins more than a dozen times with thorough explanations, I decided I'm leaving PD for good.


As much as I used to love this place, it's been in a steadily heavy decline for me in the last 6+ months, and I've finally had enough.  I shouldn't have to put up with such unprofessional behavior and observer most of the Mods' suggestions and bug reports ignored, especially when none of us ever get compensated for it.  I know I'm not the only Mod who feels this way.

Goodbye everyone, and good luck with your future endeavors.

~Randall


Randall, personally I have missed you alot, please why not have a rethink and try and leverage with them so they can at least see reasons with your observations. I really need you back Bro. Juniorokogun

I think this is a personal decision and it would not be justified to try to drag him back from something which he has left even after consulting, debating and thinking a lot. Randall has been a good Mod and a good person as well.

His decision is well justified and I would stand by his decision as well. Good luck to you too Randall on your future endeavors as well. Smiley
10029  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 12, 2016, 06:18:30 PM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I agree with your point. I am from a third world country and currently studying. Hence in my free time, bitcoin earnings help me to accumulate some coins as a passive source of income. As long as I dont waste time on this forum my main work (studies) is not affected much. Though from a poor background I can afford a laptop and internet and hence bitcoin collecting does help me get a side-earning.
10030  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: November 12, 2016, 06:11:28 PM
I'm usually spend 10% of my main salary as teacher for investment.
For first time, I was doubt investing on bitcoin but once I've experience it myself the power of bitcoin  ( when it reach $ 1000 / btc ) I'm decide to keep constant investing and hold as much as possible

This is a good idea of making a fixed provision to bitcoin investments every month or so. In the future bitcoin will be accepted by more people and the price will constantly increase. As a result holding bitcoin and investing more in it is a good way of actually getting a good return.
10031  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: November 12, 2016, 06:07:58 PM
I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

Price matters most in trades and exchanges. People prefer to sell at a higher price than buy which is obviously at a lower price. The price is the main attraction for the traders who trade on the market everyday.

However bitcoin shops and stores prefer the more stable price and people prefer to buy bitcoin at lower price as well.
10032  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: November 12, 2016, 06:03:23 PM
this time I really believe that it's possible. Well, I have friends who make it come true. who knows what tricks he used, but he said that he really profitable in the long term, but it happened in just one day. Well, the money he earned was not much, but it was very highly praised

Well if he/she really used some tricks to get advantage then its actually illegal and he can be accused of cheating later on. But then again if they were honest and it was an honest winning then I would congratulate your friend on their win and luck.

However in the long run it is advisable not to gamble since they can fall prey of their greed and lose all.
10033  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: November 10, 2016, 11:40:23 AM
Well, a great time to be a trader, is when you are ready and have mengnal cryptocurrency world. if you already know about it, and have sufficient capital to play trading, then try to play, because I feel that you are ready to enter the world of trading

I think people should not play with their money. Rather they should learn proper methods to trade and then get a taste of the different trading websites available. Then plan on  how to divide the capital and then start trading.
10034  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: November 09, 2016, 07:54:04 PM
Thanks for the win!



Nice one there my friend. Keep up the claims and one day you may just win the 200$ prize just like I did. This is why this faucet is one of the best, its well paying and with many rewards and a good referral commission as well.

Keep claiming and keep winning!
10035  Economy / Gambling discussion / Re: Who can tell that when our luck come to us? on: November 08, 2016, 03:53:17 PM
Only you can tell when your luck has come back to you and no other can.

When you get some big wins and think that you are having a lot of luck today, think again. Luck has the bad habit of slipping past your fingers and turn the tables. You may just end up as a beggar if you keep betting thinking luck to be on your side.

I dont believe in fortune tellers and plamists and soothsayers. They are all just money-hunters who try to manipulate your mind to extract money from dumb people.
10036  Economy / Micro Earnings / Re: FaucetBOX.com Discussion on: November 07, 2016, 02:59:55 PM
Oh guys, you cant be serous! Dont you remember how many times faucetbox was accused od stealing coins, not paying out and supporting bots? Just read some posts on the internet. They also lost AdSense. Are you really surprised they closing down after all these?

I suggest you do some research before you post in this forum and accuse a trusted owner and website about being scam. I have been using faucetbox for a long time now and they never stole my coins.

FYI Adsense itself is a scammer and you can never trust what Google and other companies are doing nowadays. Everyone knows that and I am sure you do as well.

In this era of bitcoin rising prices I can understand it is tough for them to cope up with costs and maintainance - that does not mean that they are scammers.
10037  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: November 07, 2016, 02:52:48 PM
Actually, I recommend betting on sports. If you are really educated in a certain sport, you can bet and the odds might be slightly in your favour. It's really hard, however, to make a profit on dice gambling where it's mostly about luck.
Most of the gamblers here said that sports betting is more profitable, but I doubt if they can really make a profit. I guess they just like sports betting because it's fun to play and you can analyze games. Maybe until we become professionals we will still lose in the long run.

Not only that but in many cases the games are fixed. Unless you have contact with a bookie, you cant make money there as well by only analyzing the games. Sure shot games may end up as losses simply because it was fixed. This is deliberately done by the bookmakers to make money.
10038  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: November 07, 2016, 08:56:50 AM
First of all there is no easy way of making profit from gambling.

If you talk about casino games - if you keep on betting you will lose in the long run once the house edge catches up to you and make you go bust.
If you ask about sportbetting - they require your skills and knowledge. You need to maintain your own logs and notes on your teams and then only with proper analysis of past records you can think of making some money.
10039  Economy / Gambling discussion / Re: Is gambling made for kids???? on: November 07, 2016, 08:51:34 AM
No. The kids are under 18 and clearly the current laws state that children should not gamble under 18... Gambling is quite addictive and i don't think it would do them any good if you make them go play at a slot machine at such a young age Roll Eyes
No one MAKES THEM PLAY at a casino brother. Its that when they visit their regular sites like facebook they come across many advertisement where they also see ads of gambling and other things. And once they visit the site they find earning money too easy since they just have to predict right, while its the world's most impossible task.

Most of them I have encountered are just in hopes of making some quick cash and hence try their luck at gambling. No one can force them to gamble, its their decision to gamble or not. Thus they end up rolling dice or booking horses when they should be doing they homework.
10040  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: November 07, 2016, 08:46:51 AM
Its indeed very hard to let people believe in the bitcoin

Open yourself a shop, and show, how it work, positively.

For a local business, you will find 1 from 100.000 costumers that will pay in bitcoin.

Online things can be more easy but local is almost impossible.
First tr to promote the concept of bitcoin in your local area to everyone and make sure that now they will adopt bitcoin easily without any hurdle so when you will then start a local business and people will start using your service then other local businesses will also use bitcoin for themselves.

It is not going to be an easy job to promote the concept of bitcoin especially in your local town. Because most of the people there doesn't even know what bitcoin is, if there are maybe not even going to reach 1% of the total population to your local town. Hmm, but maybe if you will conduct some seminars for the business owners and tries to educate them with bitcoin without something you are asking for them in return, then maybe they will encouraged to use and adopt bitcoin.

It will take a lot of time and aggressive advertising and crowdsale to get that 1% to at least 30% of population who accept and use bitcoin. In countries where people have never heard of bitcoin, it is extremely difficult to make them understand and accept the integrity and security of the coin let alone try transacting on it.

I dont think any company or team will be willing to invest in such an advertisement because they may not just ROI that amount and end up as laughing stock on the stage with people screaming "scam/ponzi" at them.
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