No its not and pretty sure it wont going to be a sin
That is the truth, because we cannot blame gambling for our lose as we know already how risky gambling is. We need to understand that we are being advise to play for fun so we do not have the right to call gambling as wrong after every lose. Let's be fair. |
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Usually, i play dice game and sport betting, But i got my biggest loss in dice game, and the amount is 0.8btc, but in sport betting if i do big bet than i have earned from it, that's why i never feel that sport betting is not lose able for me, But in sports betting i have lost near about 3 to 4 bitcoin, but it is doesn't matter for me, because as i told, i have earned from sport betting more than my loses.
Wow, That's kinda big lose dude. I hope you enjoy somehow. Me, I would not put that big amount of lose in dice because it looks boring to me, it's the greed that drives us and too reliant on luck. With that amount, I will be enjoying playing in sports betting. |
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Honestly guys, I am still not convince with this type of method being use in gambling, I have tried it many times in sports betting but to no avail I do not have a progressive result. Right now, the most possible way to win is just to have more wins than loses and using flat betting.
We just need to have a decent bankroll.
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I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc  Why is it so addictive? I know why gambling so addicting, I think because we always have hope of winning big in short time.. If we lose it makes us want to get back what we lost.. when greed hits you that is what will definitely happen because you are trying to make big money with just a short period of time you will end up losing, this attitude will constantly gives loss not profit you need to be patient and to be in a limitation and should never go back quickly after a loss because I guess you are less likely to retrieve all money you have loss. greedy always be the thing that makes you fail reaching goal , not only in gambling only. but on every thing! in gambling when you gamble relax for fun purpose only , i believe people wouldn't get addicted. besides greedy , your brain always attracted to something that can push your adrenaline. Maybe the big question we have to understand first is why are we greedy? We are being greedy because we want to achieve something bigger than what we have as we are not contented in our life now, but we are wrong to make gambling as our way to achieve it. |
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As most of you are probably aware Betking will be divesting all bankroll investors on Dec 1, so we will need to put the investment into another site.
Any recommendations?
Are there any casinos worthy of investing? You may be looking for trouble if you invest into some unreliable stuff and it scams in the end. On the flipside, though, without Betking on board, the total profits may start declining, and you might lose interest yourself. Therefore, maybe it is better to wind up now, when you already got handsome returns? Haha no way! This will go on for a year with the original 5 Bitcoins we allocated for the experiment! Zero or Hero! I admire your dedication mate, you are making a great job for sharing your experiment in here. And by the way, why would anyone stop investing if he is making handsome returns on it, investing in gambling sites are one of the profitable. |
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Yes i do used auto bet, because if i am not using auto bet it will be boring to keep on clicking the button, when i used autobet the most important is to pay attention to your bankroll, although i used auto bet to play but i always keep my eyes on the game so i can know when to stop my bet, because i know that if i keep on using autobet i will be lose no matter what strategy i used, so i need to make it stop at one point to make profit
i was a big fan of dice game few years ago , but not for nowadays. i have a very bad experience gamble on dice , used autobet with bankroll 200mbtc at primedice i set a low base bet with martingale in there. guess how long i can survive play dice with that autobet setting? less than 20minutes , since that time i hate to play a dice game. Sad to hear about your loss man regarding on playing on dice sites.We really cant rely to much on some strategies that we do know in the past on which most gamblers say about that like martingale and others stuffs because they wont work after all. 0.2 btc is already big bankroll but still it would wipe out if you suffer long losing streaks even on the lowest bet amount. Losing can happen in gambling because it's full of risk, I think it's not only this guy who experience big loses. I myself were able to experience big loses in the past and I can say I cannot afford what I lose. The problem with me that time is I chase so much, until I was broke for the day. |
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Hard to find odds for Golden State Warriors and Los Angeles Clippers on all betting sites not offering AH and under/over points there, so I wait till market will up there for betting, ML for those team are pretty low there and I think it will be risky to place bet on that such a low odds.
Clippers look good, real good. GS is still trying to fit all the pieces together and spread the floor time. I don't think they will all start clicking like last year until mid to late season. I think the Warriors have already figured out how to win games, they have not lose anymore and in the past games they played really well. I can say clippers are improving since they have a good bench this season and Blake is healthy. |
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Just follow your instict and you will be fine  And by the its a gamble we really dont know what will happen after we bet so just allow your assessment to win inside your mind and wait for the result if we are lucky enough for sure its gonna win. Nothing is needed but to wait and see just always remember to enjoy so win or lose you will find happiness with your game. Our instinct are wrong most of the time especially in sports betting, when we see the line we grab it easily because we feel that our favorite team is going to win in the game. Without knowing that bookmakers knows how a typical gambler reacts so they will set the line to be deceiving and make it easy for us to choose the bet but in the end we know our bets had lose. I don't believe in my instinct too, sometimes I do trust it when I test it. Just like in dice games, when I think if the roll is going to be 51> Then I will bet on it, but most of the time I fail with it so I just trust my own analyzing and don't lean on my instinct anymore. Maybe I will just use this for YOLOing. But that is not the smart way though. Me too i don't trust also my instinct because most of the time I fail with my instinct, sometimes I just won when I am not expecting it because once you expect more, the more you will hurt in the result. As they say, expect the unexpected. neither do i, i'd rather to playing gambling with no feeling at all and just playing the games. because if i use my instinct then i will become too greedy when i see the opportunity for me its coming and its just make me loss in money. i have in this situation in the past, and i don't want this is happen in future. In short, just play for fun and that is it - never ever play for profit because most likely you will only be disappointed to the outcome due to the house edge advantage of casinos.. That's recommended to minimize our loses, we already know that losing is not new to us and it could happen to us anytime since we are in gambling. One must understand that it's to risky to aim money as we are gambling trying to be one of the successful in a game where only the success rate is low. |
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That is just too impossible except if you cheat. You will always lose and the house will always win. That is why it is provably fair. Just to make it sound inviting to gamblers.
Right you are it is impossible to win without losing in gambling because the site owner will not let it happen. And also because winning and losing in gambling normal because it was a game. Unless you cheat, you can win without losing. I agree gambling is just a game and winning and losing are just part of it but how we can say winning continuously without losses must be a cheat. In a game, winning continuously is also possible we cannot call that as a cheat. Moreover, a reputed gambling site owners will definitely will allow that to happen. Cheating is possible but we do not have that opportunity in gambling, gambling operators are smarter than once that's why they are profitable in their operation and we are losing money. That's the reality that we cannot reverse, so we play on their game and just enjoy. |
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Yes you can use small amount to gamble maybe you can try your luck to win over the house. Example of if you have 0.001bitcoin - 0.001bitcoin for you to bet on in a dice site, make a strategy before rolling the dice. Or maybe another suggestion from me buy a potential alt coin has worth of 5k-10 satoshi then sell it when the price spikes. But it takes time to hold the coins then sell for a good price for you to receive at least small profit from your investment by holding.
Using small amount of money in gambling will give your more enjoyment as you will not be addicted easily since your chances of losing is only for small amount of money where I think you can afford to lose. That if you are gambling for fun, but if you are aiming for money, better have a decent amount to play. |
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During the 2013/2014 rise to nearly $1,400/coin, how many bitcoins did you have?
And do you regret not selling if you didn't?
Unfortunately, I became a bitcoin user in this early 2016 so I'm too late for that . There are times when I'm thinking What-ifs situation regarding bitcoin like what if I discovered bitcoin when the price is still low stuffs . I guess nothing will come out in that so I wil just keep as many bitcoin as possible cause I know that after a long years its price will be too greater than now. It's not too late if you believe that the future of bitcoin is great, there's no giving up my friend. We will still see another good increase in the future so you should be ready for it and start to invest now. |
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I think right now you are right that people are using bitcoin as an investment mostly right now but I think that is because the price has not stabilized yet. At some point, I think more people will use it as a method of payment or a way to send money.
Bitcoin prices are more volatile and no one knows what happens to it in the longer run. So I prefer to invest in property for long term profits than keeping cash in hand. And only some portion of my saving I will invest in bitcoins take the advantage of these high volatile prices. I will not keep more than 5% of my savings in bitcoins. But in my country investing into bitcoins is more profitable than investing into properties. Also for liquidity, bitcoins are investment are better when compared to properties. I never bother about the volatility of bitcoins because I always believe bitcoin will have huge price levels in future. So, I keep more savings into bitcoin only less than 10% goes to gold and other investments. Since when? How do you confirm your information? So, meaning to say the people in your countries knows about bitcoin, I mean most of them in the business sector.. I think you have to convince me with your information to believe.. |
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Bitcoin was created for us, to help the humanity and the world to save expenses on the transaction fee and to make a certain transaction faster. IMO, it's just a currency not need to be legalize, and with bitcoin there is freedom we can use our bitcoin without government intervention.
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yeah i heard that many people are saying that bitcoin is dead but i think they have do not knowledge about bitcoin because keep saying that bitcoin is dead if they know about bitcoin that bitcoin is stronger currency profitable then i am sure they will also support the bitcoin .
Cause most of them are only trolls/ bitcoin hater. That's why we should not pay attention to those people cause most of them are attention seekers, the more attention you will give to them, the more they will think its fun. i agree with you that hater want to fall bitcoin through spreading bad news about bitcoin they want to drop bitcoin because they invest their money in other crypto currency but its impossible to dead bitcoin . I think what haters goal to make bitcoin die while they do not get any benefits? I think this was done by the users themselves, causing panic bitcoin, and bitcoin they could buy at a low price Yes! Absolutely! They are just making people panic for their own sake! Are these people promoting another cryptocurrency?a developer of another coins and for them to be on top they are making some false news about bitcoins. Come to think of it! How can bitcoins die if its price are getting too high? Grown up people! Don't create some false and misleading issue on bitcoins! People are not idiot to believe that bitcoins are dead! Those people who will be fooled by these fake speculations and news about bitcoins are those people who are less educated in bitcoins and doesn't have some update on what bitcoin really is now. But for those people who are already in bitcoin for a long time already, they will not easily believed these type of fake speculations. They need to be fully educated about bitcoin and not just say bitcoin is dead without any basis, it's hard to accept that there are people who knows bitcoin but openly said it's dead when the value is very progressive now. This people are blind of the reality. |
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Yeah, there are people who are living the way they want and they are spending what they cannot afford for their lifestyle.
They always to be what's on the trend but as they spend their money, they are not managing it well. That's why I can say that I'm a good manager of my money.
I don't imitate them with their lifestyle and I just spend my money on the things that I need.
Then you can call these people as dumb, in the end they will just borrow money and will be in debt of the rest of their lives due to lack of self discipline. It is with their lifestyle, I am sure that for a long time they've been doing that, I even see officemates who can't save because their salary is gone after signing the payroll or their ATM are already a collateral in an unpaid lending company. I believe that those who manage their money are from families who teach it to them during their young age, or those people who suffer poverty and get out of it and learn from their experience.Or maybe they are just people who have enough IQ to not follow those dumb social media trends? People are just so afraid that they will be late with the trends that they end up spending so much money. It should be a common sense that you shouldn't buy those things because those will just not be the trend for a long time. Following the trend would mean that you have to buy a set of expensive clothes every month because the trend changes so often. Actually, these type of people never actually had the money to follow the trend because most of the rich people that I know are focused on their expertise, they don't allot a time to follow the trend because they know that it's not worth it. You have the best point so far, these social climbers want to have the lifestyle of the rich when in reality they cannot afford it. They wanted to have a good looks physically but mentally they are obsolete, even the richest person are still living a very simple life and they are more focus on their future than things that will just change sooner or later. |
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I'm sure several other altcoins play a major role in support of a decentralized currency, but I'm in favor of Bitcoin. A decentralized currency should be de-monopolised and free from any Government control, however, it's not always possible as Governments of certain nations can regulate and control as well as ask Personal KYC information of users to tax Bitcoin purchases and sales as Income tax.
Bitcoin has privacy if learned to use without linking your personal details to the purchases you've made. Make purchases to an official address for delivery. Also, keep in mind that decentralization is only good as long as people don't come up with an agenda to make it available to only a particular group and hold control in that group.
As long as you are not purchasing for illegal activities you have no liability with the government, it's decentralize since it's the nature of bitcoin and we could expect more companies to accept bitcoin in the future. The tax angle is just fine as though we are anonymous the company that legitimately operates will have to pay taxes. |
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LOL! I knew a lot of people who have been doing that just to get money immediately. That is happening in real life and just to be exact in depressed areas where people doesn't have enough for living. So because they were desperate for money, they are promising their lender that they will pay on time plus interest rates but that promise is already out of use for me. Personally, I experienced that, I lived in a place before which is hovered by poverty. Most of the time the people do is to lend money,whether they are capable or not on paying, The thing is, it is for survival, if they got money, that's good, if they don't then no meal. Honestly speaking, if someone like those people asks you to give them money, it's hard to refuse, even if you know that they are not capable of paying. I understand that they are just doing it for survival, we are not different mate. Because even I did that before, but upon thinking to the lenders position. I have an experience that I became the lender and person who is asking me money is a new friend of mine and she desperately needs money for paying her electric bills. So I lent her $30 and I have hard time for collecting the payment its take a long time before she pays and she only paid $20. Well, I just leave it to her if she will pay me that remaining $10. Because I'm working hard for each penny that I am getting in my pocket. If in my case a woman will borrow money from me and she tells me she is in desperate situation then I could easily lend here because I am really generous with girls. Maybe I cannot be a businessman operating a lending as I do not collect loans from girls especially if I like here. |
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You are right mate about investing to online casinos but I just would like to point it out that there is really no guarantee at all that you will always make money from investing because there are many other factors that you will gonna lose it as well like casino runs away your money or some lucky sharks winning max allin bet.. unless you invest regularly then all good..
Yeah, it is still possible to happen. There are always risk involved. Just like a sudden closure of the gambling site, possible government regulations or the owner have stopped operation and run the money. Same with trading also. There are full of uncertainty.But you can have a guide like in investing "Invest only the money you can afford to lose". If you are interested in investment the invest at least decent amount. Because if you invest big amount, the profit will be less, so in that time if you invest small amount I think it will not work out. Check this thread https://bitcointalk.org/index.php?topic=1585408.0 you will get some idea about investing. Exactly, i think anyone want to invest in gambling sites, so should choose one of them, because we all are gambler, good or bad, it doesn't matter, But should invest in gambling sites, First of all, i really trust on every gambling campaigns, these all are great and i believe if we invest in it, than definitely, they give us good profit, and don't need to afraid of risk. Gambling is one and only bigger field of risk, but we play gambling, so why not we should try to invest in gambling sites? Generally investing in gambling sites are profitable but you need to ensure you are putting your money in a legitimate site, that's the only way you can make profit because with new sites though they have a good investment program but trust matters so put your money to those who have their reputation already. |
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i have tried martingale strategy and yes thats strategy i can make 0.00002108 btc from faucet to 0.009 btc
but yes because i am greedy with thats strategy too i am getting lose
i am lose all my money so there is no strategy to win all about lucky i guess
Although you do not really lose your money coming from your own pocket but since you are too greedy you just lose your time and effort in gambling. Honestly, I have tried faucets but it's clearly just a waste of time, you have to ensure that you will have your own money in order for you to make it serious. |
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i think there are some cases with a clear evidence. also people want to jail or were prosecuted that were using bitcoin. bitcoin itself might be small but you can expect a high percentage of illegal activities among bitcoin users.
Most of those who were jailed, got the jail terms not for bitcoin usage, but for helping people to buy drugs using BTC or for abetting money laundering. However, in rare cases, BItcoin users faced prosecution just for using Bitcoin. A well known example is that of Burt Wagner. His funds and laptops were seized, and although in the end he was acquitted, he lost all his life savings. More details can be found in this thread: https://bitcointalk.org/index.php?topic=934268.0 true and i would like to point out that the question op ask here is: is bitcoin used for illegal activities and not if using bitcoin is an illegal activity. so the rare cases where you got in trouble just using bitcoin are the ones to worry, but i am fine with the other ones. Well, I'll answer that for you, it is certainly use for illegal activities but not mainly for illegal activities. I still believe that the major portion in the circulation are use for legitimate activities like trading and our money making activity. |
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