How sad the so many people believe it is about luck. Come on, there is not really such a thing as luck. It is just something you create to explain why you lose. Winning is obviously about nothing more than mathematical probability and the problem of losing is connected to attemts to overcome this probability and win.
Really there is no such thing as luck? And then every time you gamble you are wishing that you will be lucky so that you can win some good amount as you gamble? For me, I do believe that it is because of luck every time you are receiving unexpected winnings, then you just need to be thankful that you are winning or what you called 'lucky' by that time that can't be calculated by scientific and mathematical probabilities. Gambling is really based on pure luck. However, professional gamblers built many systems to at least mitigate the losses and have some winning sessions. It involves a number of system in place and experienced. They bet on a pre-planned bets meaning: they bet according to plan no matter what ans stop according to plan no matter what - no emotions involved. I beg to disagree, it's not really base on luck but base on skills. If you have the skills you will know what game that will give you a good chance of winning and you cannot make it in a dice games where there's a house advantage. You can gamble for fun and for profit but most of us gamble for profit so we need skills on that. |
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According to the data from the beginning of this year there are now over 10 million bitcoin wallets. I would rather assume that 1 bitcoiner might be using 2 or more wallets.
For example online wallet for quick access and fast transactions and full validation software wallet as main wallet.
With bitcoin wallets being free and easy to create, it is illogical to think that multiple users are sharing control over one wallet.
But we cannot rely on the number of created wallets for to find the number of bitcoin users as no one know that how much wallets a person have there are chances that a person will have more than 2 or 3 wallets and there is also chances that a person will have only one wallet so it is not a relying way to find it. Yeah. We can't really tell the accurate number of people using bitcoins by just looking on the number of bitcoins wallets. For a reason that a certain person might be using multiple wallets and we cannot tell whether how many wallets that same person do actually have. So, I agree that we can't count the actual number of bitcoin users by just relying on the number of bitcoin wallets being created. There is no devices that can calculate the exact number of people using bitcoin because a lot of users having multiple bitcoin wallet and on that you will be incorrect if you will be base on the bitcoin wallet of each users. Exactly, therefore what we can do now is just to make the right estimate and I have a good estimate of the total number of users and I believe based on what I see and read on the recent news of bitcoin, we are growing in numbers and that is consistently happening which makes the price rise as well. |
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Women have the equal right to do what they want to do, having said that they can also gamble for the sake of entertainment. I believe they can gamble as much as they want as they have the right to be happy also. yes, I do believe girls gamble as I have seen it already.
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It all depends on the technological advancement of the new digital currency and if bitcoin's blockchain has too many problems and becomes to cumbersome and slow. Many factors will determine this in the future but for now I believe Bitcoin will dominate for the next 15/20 years but that's just my 2 bit lol.
I believe a good technology coin can be done by any good developers, however with bitcoin it has already gain the trust of the people and it has been proven that we can make money with bitcoin, so those who are holding their bitcoins will not sell their shares to continue making money, unless there's some flaws you can find with bitcoin. |
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suggested that we set a limit on the money that may be at stake. So if we've passed the limit of money that may be at stake, we should stop first because maybe it was not our day.
we can prepare music to accompany us during play. So we'll be more relaxed when playing.
Learn to control yourself and know your limitations when you do gambling. I like the music part mate, yeah most of the time it would help you feel relaxed. This will set your emotions / temper subside when we gamble. It is very effective mate when you are going to gamble plus with the music all around the place. That will make you feel relaxed and that will help you to control your emotion, so when you are startling to rage for sure it will be stopped because you are hearing some kinda good music and relaxation for it. Temper will lead you to fall down if you don't control it. Yes maybe the music will also make us feel relaxed when gambling so they can control our emotions. It is very difficult to remain calm especially when it was less great, would definitely want to feel angry. Maybe if someone gamble just for the fun of it could minimize the emotions that occur so the game more fun. The most important thing to me in gambling is self-control, whether in emotion or in the betting. Because if we can control ourselves will surely be able controlled the game very well. Music might be helpful to you but for sure not for everyone, you will really chase your bets when you cannot manage your emotion as it's just normal for a certain gambler to get back his loses once down big. It's win or go home, a game for the gambler if we aim money. |
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Yes obviously criminal are using bitcoin more then real money transaction because it's anonymous and keeps their private information hidden. That make their mind to use bitcoin for illegal transaction. This had to be solved because if bitcoin is used for illegal activities then government could ban it earlier then they are supposed to be banned.
And it is in favor of them because there is no need for their real identity to be included for each illegal transactions that they are going through. I don't think that is fair enough that the government will ban bitcoin because of being abused and used by the criminals. How about dollars and other local currencies for they are also used for illegal transactions. Definitely, that is why bitcoin is so popular now in illegal activities because we can transact without a limit, and with bitcoin we cannot be trace if we are transacting in illegal activities as we are living in an anonymous world. Even in this forum, we do not know personally and this gives us a complete freedom and privacy. |
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If you want the least amount of risk with potentially 20% gain, I'd go with bitcoins. or maybe some Ripples
Investing that dollars in bitcoin is much better and not 20% but he will earn a large amount of profit if he do not spend them early and hold them for longer time at least for 1 year. I think the bitcoin is a good investment for the long time. That has been proved in the past 6 years. You are right in the last 6 years we can noticed that bitcoin has passed its journey so strongly and is not becoming more stronger and will be a very good currency for the future so if someone will want to trust on bitcoin for longer time then he will be very happy in the future. Good thing if you can hold longer because there's a benefit in holding your bitcoins. Take notice that the price has increase more than a 100% for this year, and that is already a great development so far which is something we should consider that the future of bitcoin is great and so as with our investment. well just make sure to maximize your profits making yourself busy chasing how to grow your btc while holding it as your investment if you can take some time to read inside the forum you will find more ways just some example would be alt trading knowing what would be the possibility of an alt projet and put part of your btc investment inside it will make you some good profits too. Exactly, you can find relevant information here in the this forum which you can use with your investment. Also, you have to study carefully by verifying the suggestions of the people here and not just follow it blindly, remember it's your money is at risk and not them. |
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Well that and investors of the site tend to earn the most.
how can you invest in a gambling site .will they be offering shares if you are willing to invest .how to make sure that your investment will be safe with the company i am investing in since these are all online companies . I dont think gambling will make you rich .it is known to break families rather than making them rich You just go to their website, create an account and find investment section in their platform. You then deposit bitcoins to the designated bitcoin address just for your investment or get it from your existing casino bankroll. It is really easy and fast to invest to these online casinos. Just be very vigilant though and only invest to reputable casinos online. Yeah seems pretty normal these days to see investment based sites. With moneypot being the hub for casino app you see more investment based sites. But in my opinion id go to a place that controls their own funds there is a few of them. I invested in different gambling sites and they are profitable actually, but the problem with me is I do not have the decent amount of money to put. I know the interest or the profit of our investment is not that big so it's best to invest a bigger amount for a decent profit. |
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Use Localbitcoins. They are probably the best seller and buyer escrow out there and allows almost free listings. Lots of potential buyers on the platform, and you can even make a buck or two by offering competitive rates.
You are right, you will be safe selling in locabitcoin as long as you will exercise proper caution in your transaction. Just do buy one time with big amount as you can do it with small amount with several transaction, my suggestion is for you to minimize the risk. |
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Well, we cant say the fall will never happen again. If we observe, this year i saw a big drop. From $800 a piece to $525+. Thats a big drop. Anyway, im used to this since the day the bitcoin started it was $100 a piece. For me its a normal. Its very hard to predict what will happen to bitcoin in the future.
yes, anything can possibly happen. It can fall up to $300 Dollar just like before or can raise up to $1,000 dollar or more. All depends on market demands ans speculation or news.Better to just observed first whats happening and decide whether to sell or hold your coins. Any thing can happen but I believe if any crush coming its can happen after Christmas because I never have any history its going down near This occasion I am not worry about this right now just buying some more in next few days because this current rate is good its can touch 800 USD in coming days Yeah anything can happen but I am not even thinking that there is a big crash that will happen. And I think this is just happening to the exchange sites that are holding a lot of bitcoins but for bitcoin alone there is no crash to come. People who says about this big crash are just putting fear to us, it is better to say that big cash coming.  Big crash has already happened in the past, so probably it will not happen again. As long we hold on to the price of bitcoin now and we will continue to support it, there would be no problem at all. Just consider that we are just in the developing stage and every adoption matters. Sometime around the end comes. But to say that Bitcoin or the dollar will collapse soon - very soon. There are no prerequisites for this. Let us be sure that after the elections Bitcoin is very stable and it will not crash soon I guess, we have to believe that the future of bitcoin is good as it can bring us profit too. In fact, to prove my belief in the future of bitcoin, I do put my money in bitcoin and hoping that for long term investment I can make money. |
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For conservative investors, holding bitcoin is really the best way to invest to bitcoin. Gambling is just way to risky to do
One way or another investing your bitcoin in a gambling site is kinda like gambling as well. Although you are getting profit constantly in long term however you may be suffering from huge win as well or the other risk is when your bitcoin is taken away by malicious operator, although a site is trusted it doesnt guarantee you 100% that the operator will stay as it is It's gambling I agree but it's good to have the advantage in investing compared to gambling alone since when you invest you play with the house and definitely you will make a good profit. You can be confident that in the long run you will still win despite how lucky your bettors are. |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I am Not really sure, may be goverment will pay genious in computer to block bitcoin. But if there is ginna be various vpn we can still use bitcoin. I think more users will get angry to bitcoin management if bitcoin will get banned in the country which is more users live there, and the trust of other users in different country will get lost the bitcoin will die for sure. hope we will not face the same situation, as the users of bitcoin are increasing regularly which is making bitcoin more stronger and therefore it is not possible that bitcoin can be banned. I hope so because bitcoin is so valuable to me. We cannot see what the future will bring but I am so confident will remain strong and will not be ban in the future. If ever bitcoin will be ban, for sure we will not exist in this community again so let us not hope for that to happen. |
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I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader. For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser. The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run. There is a saying that I get to heard and read in trading industry that in every trade you make, you either win or learn. That is the most positive way to look at trading. If you lose, don't take it too personal and just find what you have learned out of that trade and never make that same mistake again in your next trade. That is the very positive way of thinking to avoid regrets. Well, the good thing is you will not lose much if you are really monitoring what you invested in. If you could see the flow and the losing side is there you could withdraw to avoid getting to zero. Always learn from your mistakes as nobody starts as perfect already, when you are a newbie you need to read a lot of books which can be seen in the internet, information is free nowadays so you have no excuse not to do your job. It's good to trade when you are confident as most of the time you are right. |
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I think that you need to look into something that doesn't carry as much risk as trading to be honest. Trading altcoins can be really dangerous and the risks often outweigh the rewards. Perhaps try something risk free like arbitrage betting?
I am not sure if arbitrage betting is a risk free. In everything, there will always be risk. We encounter risk everyday n our lives. Even when we drive going to our destinations, there is a risk for accidents and other untoward incidents. It would be a matter of personal resolution to equip your self with the required amount of knowledge and skills to mitigate risk and you will be good to go.. You can do your research and I tell you in advance that it's risk free. However, the journey is not that easy for everyone to make money in arbitrage trading because you have to monitor the price of every exchange sites if possible and just take advantage of the price movement if you can. |
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If you have discipline in gambling then it would be really profitable in the long term. But if you don't have discipline you'll just lose in the long term and that would not be good because you are already addicted in gambling. Only those who have discipline in gambling gets a profit.
what disipline you mean? are we must set a goal/target before we gamble and stop immediately when we reached that? or we must stop when we're lossing some of our money (not being greedy)? I think that's can't make sure too we'll always getting profit (remember house edge) Maybe he mean that thing but actually in real situation there's still no gaurantee that we can still earn if we beholf that mindset since it was still a game of chances, actually house edge is the main killer for the gamblers and it will kill the luck of the people if they started to win on those, so as my experience if we are on the gambling scene even if we do some scientific mindset of gambling still the chances for us to win is still on 50/50. Yeah, what discipline? It can't make you get long term profits. be profitable or loss are depends on how you play, what kind of game you choose, and your luck. Statistically, more people loss than who gets profits, but I know friend here who earn long term profits by doing sports betting. The game you choose should be something that you have a great chance of winning. Gambling can only be profitable if you play in gambling where the house edge is not present, with a house edge there is no exceptions as we are subject to losing in the long run. |
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Seriously, what would be the point if you are rich and you gamble. You can own a casino when you're rich. You don't need to gamble anymore and take a risk which carries a negative expected value. You would take a risk that has a positive expected value, which is why casino owners are somewhat richer than gamblers.
The answer to that mate is that they are entertained when they gamble - basic. Because this is the reason why casinos are being built in the first place. Rich people are entertained when they gamble using money that they can easily get back in their business and the like. That is the reason why they gamble and don't care owning casinos. The main reason why casino is here is because they want to make profit and they will just give us the entertainment that we are looking. Therefore, we should understand that gambling is only good for entertainment if you want to get the real value of your money, betting for money is hard because our chances is low. |
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I believe that stability comes hand in hand with the amount of trust people would put into a currency. The more it is trusted, the more people will use it. Because in the minds of ordinary consumers, stability is what matters most.
Of course that is the way to achieve price stability, for sure we will reach into that level in the future.. The price of bitcoin now is not yet stable and it has gain the interest of the investors an traders and now is the right time to invest because in the future it will be stable. |
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Bitcoin can help poor countries, because it helps actually their people to get some income online easily. I know many friends from poor countries making a living from earning Bitcoin online ,and it's can increase a new job for poor country ,that job can do by following campaign.
That is not the main reason I guess, only few are making income online because in poor countries only few know about bitcoin and we are talking here in general on how to help the poor countries and helping a little portion of their people is not an act of helping the whole country. |
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Did not now the Christmas season produces more trading volume. Gotta be prepared for this year!
You always learn something new here. Thanks.
How can you ensure that during Christmas there's more volume of bitcoins? I do think the other way, because some might not trade but probably will cash out their money especially when the price is good right now and when this will continue by the end of the year. |
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Hello:). To do trading, you must first create a wallet account, address. Once you have created wallet already, cash in the amount you want to put in. Look for some trading site, create an account on it. After that, generate a wallet address on that particular account, then paste its code to your wallet and enter the amount you want.
okay thanks for the advice, it is very simple to sign up to trade bitcoin. but after the listing and succeed, I had to do the first step in doing trade bitcoin the first time in what way? because I am just a beginner, do not know the best way to trade bitcoin.  Everyone of us starts from being newbie in trading and as a newbie it cannot be avoided to make mistakes while we are trading so we need to fully understand the basics in trading and its risk to make the right trading plan. |
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