Can you please elaborate what kinda illegal activities?
By the way BTC will never be banned. People loving BTC a lot. Its totally same as normal currency. So, it depends on people how shall they use the currency. We cant stop individually using BTC IN ILLEGAL ACTIVITIES.
No one can stop because bitcoin gives us freedom and more the way we use will determine if it is illegal or not but with bitcoin it can be use for different purpose both legal and illegal, that cannot be ban for sure as more people are getting the benefits of using bitcoin in legitimate transaction. |
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for last night, i only earn small amount at least in about 0.001btc by trading VIA, i expected to earn much but unfortunately i have to go to someplace so i can not continue trading. i lost my chance to earn more profit.
In my own view you did not loose anything because the place you attended is also for a purpose and that purpose might have helped you to either earn money or solve one problem or the other. Its not a loss at all. A profit is a profit regardless of what the amount is, if you can consistently make profit with trading even with small amount, I think it is good to go with another level and if you can provide a better capital then it would be better, just put in mind that you need to take bigger risk in order to make bigger amount of money. |
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It is very hard to control your temper but as soon as you do, you'll be able to have fun while gambling. So if you want to have fun and be entertained, you have to try your best to control yourself. If you don't, you can even destroy your life.
Well definitely it takes a lot of experience before we can control our temper and that means we need to spend before we learn. I believe one can do that and we are the only one who knows about it because we are gambling, it is just advisable to start with small amount of money when you gamble so you will not lose a considerable amount of money while learning. |
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As u can see many country's banks are adopting bitcoins in their transactions and I really feel banks will go down some day with just an app and websites.
Which is almost there already..
We cannot expect that each and every bank from different countries will start accepting bitcoins in future as Governments of certain countries will surely oppose bitcoins and won't support them as it can be a threat to their financial system and in that case banks will always keep on operating. I do not know if all banks will accept bitcoin in the end, but in my country the bank does not want to cooperate with bitcoin for several reasons. Perhaps the bank already has its own system that will be developed and accepted by many people. I think between the bank and the bitcoin very different so it can not work together, and bitcoin could not make disappear the bank because the bank has good strength. At this point in time, bitcoin is a good alternative for fiat money when in terms of financial transactions online and even other stuff like online gaming, trading altcoins, investing, and the like. Hence, it will not make banks disappears because it serves as a good alternative for people that want to use bitcoin. Well, obviously we need bank to transact or buy and sell bitcoins, that means bitcoin is not independent yet. As a user of bitcoin, I have a lot of good experience with it because it can give me benefits online to earn money but at the end of the day, it still goes down to bank when I cash out. |
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I think bitcoin can never help to the poor country while it can help to the poor people pf the world . because a man will use his mind to earn money with particular stretgy while the people pf whole country will not do the same , many of them will try to gamble and will loss their money .
The government has a big rule to make this bitcoin help the poor countries because they are one who will educate the poor people and when they accept this they would know the real benefits of using bitcoin. They will also get the benefits we are getting if they will be open minded for change. |
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Fiat can't be worthless, else the valuation that you will be getting for your bitcoins will be counted as worthless too...
If dollar crashes and the price is $10000, then just imagine whether your coins will actually be worth the price shown??? Won't they be counted devaluated with the devaluation in fiat???
Even if dollar crashes and the price of bitcoin is $10000 then you can still exchange them to other currencies and then use them, but even if the price of bitcoin reaches 50k it would still not be able to make fiat worthless and it will always be converted to fiat at the end. That's it, the value of bitcoin primarily rely on the world economics and we are using fiat as a way to measure the value of what we are holding. We should not think that it will replace fiat as that is far from happening or can be called as impossible to happen. |
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Definitely worth it for me because now the bitcoin's value is continuously rising and earning btc is very enjoying. It gives me extra income in my job so i have my own money to spend from earning btc. My whole salary is for my family and btc is for myself.
It is obviously worth for all those who are earning it in their free times and earning some extra income beside their day jobs, or for the ones who are not having any jobs and still earning money from bitcoin just like me, so it is the only hope for me for a better financial state as a student. We have our own satisfaction and we can make money from the slowest to the biggest amount of money depends on our capacity here. I think we are all here because we believe bitcoin is worth for us, and I believe bitcoin is money therefore it is obvious since we love money. |
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I just want to share one tip with you guys. Do NOT drink and gamble, ever. Especially at the live casinos, where drinking and gambling is common sight.
Alcohol will dull your sensed, slow your train of thought and make you sloppy and greedy. You will regret playing and drinking later.
You want to have drinking night out? Sure. But don't gamble.
ITs just commonsense though that we should not gamble if we are drunk because we re not on our mind and all of our decision are not correct maybe it afected by alcohol thats why we easily got lost because of that. You would surely regret later on when you realise that you dont have already money on your pocket. Unless if we only gamble to entertain our self. The risk of losing all your amounts are at most so if you just want to have fun all the way only bring the amount that you can afford to lose. Still best advice is not to do it for your own sake lol It's nice to gamble when we are drunk because it can be more entertaining if we are only using the amount of money for gambling purposes.. Especially if you are doing that in a physical casino, it could be more fun that good experience. When you are drunk for sure you have girls too.  |
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Even though I have not been through it, I believe it's not easy. But I think there are solutions... you have to look for a hobby or anything else that can redirect your focus to something more productive.
That's actually easy to say for us, but for a certain gambler they do not have the right mindset to quit gambling as early as possible since they are focus on gambling and winning only, they will only realize the moment they got broke. |
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Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?
It depends on the person on what they prefer and how they want to earn others go for gambling because it only takes a few clicks to make profit while on trading you need to be patient before you rake some profit. You could start trading your bitcoin to other coins on yobit. I tried trading when one of my friend always telling me about some coin but I didn't make any profit in my experience. Well, if you will ask me, my opinion is that there are more gamblers than serious traders. In gambling we can win more than 100% of our bankroll in a very faster way and we cannot do that in trading, and that is why more people are complaining about losing in gambling rather than in trading. |
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We are all greedy people, thats why we are humans. We just want to be lazy and make money by auto-generation. No one wants to work hard like our ancestors did in order to earn money.
It is this greed which kills us in gambling. You need to know when to stop otherwise you will end up losing all.
That greediness will kill us in the end as we will never be satisfied despite of the fact that we have achieve major success already. We should have a definite goal especially in gambling where the game is very risky and we can be dictated by our emotion until we solely play based on luck. |
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A good way to make money? Yes..
There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.
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the fastest way to grow btc is gambling but it is not for everyone
I agree it's not for everyone because gambling just a luck based games.It can't give you profit all the time.For this many people avoid gambling and do trading because trading is skills based and can give you good profit if you have proper skills and experience. Well, gambling is for everyone and we have the right to enjoy but to make it as a money making machine, I guess that is a hard job to do. It is only for the gambling sites that will make money in gambling as that is their business, we have to play their games but now way we will grow the money. Maybe we can but only when we invest in gambling sites. |
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There is nothing preventing you from making a decent profit from even 10 thousand satoshis on an exchange like yobit where coins can swing up to 10,000% a day. So yeah, minimum amount is pretty much the minimum trade.
The figures you are talking as our chances seems so unrealistic,no one can win that because we are even having a hard time to double our money even we trade for the whole day, I guess you only have that if you are really but that is not consistent.. |
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You always need to be aware of how much money you need to put on the side because of bills and things that you will need to pay, you also need to save a percentage of what you are earning.
If you manage to do only this and you are managing your money good enough.
Exactly, you must set on the things that you are going to use your money for. And I would say that just buy the things that are necessary and you really need. Don't buy the things that you just want to have it because you want it but buy the things that you really need so that you are going to manage your money properly. really not easy to stick on the rules , first of all you need to be discipline. without discipline anything that you have planned before will just useless. once you have this discipline then you are good to go to managing money by yourself. another option you may could use a third party to manage your money such as your wife maybe? a women have a better instinct about managing money. I may disagree with woman who are good in managing money. Not all. Sometimes they are the reason why you could not save your money because of their wants. . Anyways, yes it took a lot of discipline if you want to have a better management in your money. not all , bot mostly. so nothing wrong with my words isn't it? also there is a lot of kind women you can't judge all of them is same of course. but all what i feel now that my wife doing very well in managing family funds. so why not to give a shot? if you didn't confiden't on yourself , there is no harm. Well there's nothing wrong on managing money when it comes to gender. Because people are different.. it's just their way of thinking or perspective on how they will manage their money. Like me, I used self control when it comes to money and always have a long term goal so I can properly spend and manage my money wisely. I also self-manage their money. I save some for investment. It is necessary. Some are converted into Bitcoin. Just as there is a goal, then it is easier to manage money. What you did was right, putting your investment in bitcoin is the best thing to do for now, and since we are still considered to be in the early phase we can see more improvement and that makes it profitable for us to invest in bitcoin, it is a risky investment but so rewarding. Putting up your money into bitcoin is somehow a great investment but we should not risk all of our money just put the amount that you could afford to lose in the long run because bitcoin investments doesnt guarantee us anytime to secure profits because price are too unpredictable to consider. Managing money would be easy as long you have a budget plan or list to see your expenses throughtout the month and if you see theres too much expense on a certain thing you could always cut out. Well, managing your money could involve a lot of things because you do not only manage your expenses but your investment as well. Though we only have a small amount of money right now but we have a chance to grow that if we can minimize our expenses so we will be able to invest with bitcoin. |
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Gambling is fun because it gives you that thrill and you feel adrenaline rush all over your body Cheesy It feels different when you are betting for money. Different feel, different kind of excitement.
Moreover, people find everything fun when it involves money. That's why gambling is fun.
Well, most casino games are in fact very boring when you take the money out of the picture and some of them cannot even been played right unless you play with money like poker. Well i cant really find any gambling games that can't be played without money. It's not gambling anymore and i don't think people will support gambling that much if there's no monetary reward Don't find one because that is not called gambling anymore. Everything requires money when we gamble as that is the reward we need to take to make us more satisfied with our gambling venture, the more you lose the more you rage but with big amount as your winning you will feel like you are the luckiest person in this world and that makes you proud of your self in gambling for one moment. |
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Well there is no difference to gamble any gender are allowed.. and they are just looking for fun like other girls are playing and gamble in casino.. they are just few here in my country but when i was asking them they are just halving fun.. this is the main reason they say..
Visiting physical casino must be totally different experience from online gambling. Girls must love physical casinos as they might find it fun filled, but interestingly you need not to gamble by risking your own money to have fun in casino, just watching other gamblers itself will be entertaining you. But, online gambling needs total different approach, that may be a reason girls do not involve within it actively compared to men. Well yeah not as much, but girls still do both online and physical gambling. It really is just about preferences not gender. Most girls find other things more interesting but some are really into gambling. Girls have more fun in gambling in physical because they are just gambling for fun and they got to meet with there friends, most likely they are just playing for fun rather than the money as they are not so clever enough to win. From what I witness, girls play card games. |
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Bitcoin can't be banned totally.
Why? Because it is legal. Many countries are using it and they also earn by investing to it.
If there is a chance to bitcoin to be banned, I think it is just for some country and not in worldwide.
Most of us needs bitcoin.
First of all this statement is false. as many countries such as Thailand, Ecuador, and Russia declared Bitcoin as illegal, unregulated currency. Also other countries don't allow the buy and sell of Bitcoin in their country. Your bitcoin right now currently haw no laws for providing arrest or criminal liability but if something big arises from that expect to have a new law for it. IIRC Russia is actually warming up to the idea of Bitcoin and they don't think of it completely as some form of illegal foreign currency to be burned along with whatever else they don't like. Some of the government officials are speculated to have some Bitcoin holdings as well, as because of that they might all have a slight conflict of interest. Using bitcoin gives us freedom and how can the government would think about banning bitcoins when people are patronizing it, that is a complete violation of our human rights I guess as people created the government, it was our votes that put them there so they should respect the voice of majority, only corrupt government will ban bitcoin. |
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Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
May be if everyone use bitcoin to their make ends meet, there happens income increases so there will be equitable distribution of income for the country's prosperity In poor countries, people don't even have what to eat. How would they be able to ever use Bitcoin? They need Internet, electricity, a smartphone and basic computing knowledge to be able to use Bitcoin, and they don't even have a bread to eat in a day. How would we possibly help them?! Yes but bitcoin can't be hit with an inflation like their fiat currency, so some of those people have access to the internet and can help out other people to spread the amounts of bitcoin to all so they can use it overtime and trade bitcoin for their local currency or smthn like that. Definitely that is why it is a good investment if you will just have an open mind, I know it is a bit risky but with the big possible reward you can calculate the risk and trust your money with bitcoin. As a currency on the other hand, it gives us freedom and poor countries will be help for remittance side. |
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I think one day in the future anything can be possible and certainly it is possible that bitcoin and blockchain technology can take over banking one day wince its simply better but the thing is the banks will fight as hard and as dirty as they can torevent that from happening and keep their precious profits.
I don't think so that anything will be possible in future. Because there much be some sort of exclusion of the technology. Even though this is going to give convenience to the people as with bitcoin they don't have to go to banks. But bank is one of the needed body agency or establishment by a country to manage the wealth of the people. The banking system is very seriously considering the threat posed by cryptocurrency and therefore most of the countries and their financial institutions are learning to adopt many stages of work with bitcoin and blockchain. I don't think so that banks will disappear, because many big businessmen invest their money with them, although bitcoins plays a big part of online aspects like trading it doesn't mean it will take advantage compare to banks. Many people starts to learn bitcoin using particularly online transaction but online banking are now competing in modern lifestyle, so in conclusion bank and bitcoin ahs its own capability to show both of them were on track of economy. Banks makes the money and the money that we use in buying bitcoin is created by banks so it's like saying that you will replace or you can make your creator disappear, we need to know where to stand as we are just a small community and though we are progressive but the number of users we have are just limited. |
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