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1081  Economy / Trading Discussion / Re: I quit trading on: November 07, 2016, 08:19:04 AM
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.

hmmn. It is really risk free? Sounds interesting. If it is really, it takes some skills and great amount of knowledge how to perform this. It is like driving a car, if you are the kind of defensive and responsible driver, the risk of getting an accident is very slim. Hmm.. interesting. will check it in my free time  betting arbitrage

As far as I can tell, arbitrage betting is still prone to a number of risks (provided we are talking about sports betting and arbitrage thereof). First of all, it is a systemic risk (i.e. risk which is not associated with any one individual) of a bookmaker going bust, getting hacked or just running away with the money. If these things happen all the time with Bitcoin exchanges and casinos, why do you think it will be different with sports bookmakers? Besides that, there are also smaller risks, for example, many, if not all, bookmakers have a clause in their terms and conditions according to which they can cancel the bet at any time if they think they made an error in their odds. In the case of arbitrage betting that outright leaves your other bet totally uncovered...

What is bad, there is basically nothing that you can do to avoid such risks
That is already irrelevant to the topic, arbitrage betting in sports does not pose any risk on winning as long as you can fine a good line to do your arbitrage betting. We are not talking here of the possibility of getting hack.
1082  Economy / Trading Discussion / Re: how to start trading with a very small amount on: November 07, 2016, 08:14:23 AM
Join a site like Poloniex that has a low minimum trade (about 10,000 satoshi). Then use some faucets to get your starting money. Then experiment, only risking 10,000 satoshi at a time (it's like risking 1 cent). Once after you are confident that you know what you are doing, should you trade with larger amounts. It's no big deal if a trade goes wrong and you lose the equivalent of 1 cent - but it hurts if it is several hundred dollars. So make your mistakes with small amounts.
poloniex is one of the best place to trade betcoin and eth or bitcoin and litecoin. A newbie should find out the support and resistance level in any of the currency pairs he what to trade.

The reason why poloniex is a good platform to trade is because they have the volume and the numbers of altcoins ready for trading. There is also a trollbox where you can ask questions to moderators - I suggest to only use this for support and not hear anything what others are saying because the are just trolling around Wink
Exactly, and they are trusted as they have good coins listed only. The more the volume the better as the price will really fluctuates, always remember that in trading, volume is what makes a coins to stay alive for a longer period of time. And when you trade go with the trusted one, and in addition you might as well wanna try yobit.
1083  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: November 07, 2016, 08:10:19 AM
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.
Good for you dude, you are wiser than the others, investment is you only way to make money in gambling because when you play you have a lesser chances of winning. In investing, it's a serious business since you take part of the investment of the gambling sites and you are entitled for profit as well.
1084  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: November 07, 2016, 08:06:31 AM
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.

But owning a casino is good decision instead of losing money there, I personally would like to run a casino if I were rich there than it will be nice to entertain himself with this way, but entertainment is only purpose behind gambling and that is main reason.  
Rich does not call it as they are losing their money in gambling, if you are rich that would mean you have a business already and not all rich has the interest of running a casino, they have more legitimate business which they are using their skills.

Rich gamble for fun and not for profit.
1085  Economy / Gambling discussion / Re: how much time you have spent gambling? on: November 07, 2016, 08:03:45 AM
Never know how long i have spent time for gambling it depends if i on win position of course i will play for long time but if i lose in a few bet maybe will stop or sometimes i make another deposit to get back my lose.

This is the reason there are so many new gambling houses are coming to make profits. Because first people start gambling for fun if they win, then continue until they lose back all their winnings including their money. But if they lose in the beginning then they will try again to recover back their losses. So at the end, they lose more and more and slowly addict to these games. Never gamble to recover back your losses or to earn money in gambling.
Well, we can gamble for fun and most likely we will still lose and if all the gamblers are gambling for fun, most likely the gambling sites are still making money. What is needed is we must understand the risk associated in gambling so it's going to be a win-win situation, they are happy and we are also happy.
1086  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: November 07, 2016, 07:59:27 AM
Do your research! if its a sports bet then use their statistics to determine what team is on advantage rather than just picking randomly without doing some searching. Most sports always have a site to access so you can see their rankings and eventually who's the most dominating the game. 

I do agree on what you mentioned to research before choosing the winning team. But you should know that still, we need some luck to win our bets in sports as well because a nowadays lot of matches been fixed and you can't guess any winning team just based on their past performance. So it is always good to go with smaller bets to avoid bit losses in sports betting.
When you are doing the right research you will not be able to wait for your luck anymore because your skills will convince you that you will be able to win the game. What we need is to have a consistent win or your win must be more than your loses and you cannot do that with luck alone.
1087  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 07, 2016, 07:31:30 AM
Los Angeles Lakers vs Phoenix Suns I found very good odds for moneyline @1.649 for Los Angeles Lakers this time. I preferably took these instead of going for total points option which typically it taken as alternative of it. I consider this match an easy victory for Los Angeles Lakers being at home with some huge margin of points.
Lakers have won last two very difficult game against Atlanta and GSW and i dont think that they will have enough  strength to win next game against Suns, i dont advice you to pick this game, Lakers is very unstable now and no one knows what will happens

anyway, good luck to you
Lakers aren't making the playoffs. But at least now we are starting to see an idea of what this team is about.

There's the beginnings of an identity and it looks pretty good. These guys are so damn young still.
You cannot tell that, by the way they play you can tell that they have a good chemistry and since they are young and healthy this season, probably they can beat good teams. They have been playing pretty awesome at the start of the season and beating the warriors is already a big accomplishment.

They did it last season and they did again this time.
1088  Economy / Speculation / Re: bitcoin may likely touch 728.68 before second week of November. on: November 05, 2016, 07:05:18 AM
anyone with some updates on the current price. It seems very expensive. I expect a drop in price very soon
The market currently trending within $700 and $745. I expect a breakouts by next week which will give new direction to the market.
The price is dropping for now but it looks like it's stable a big, but due time will come the price will start to rise again and probably it will happen this year before the end of the year. It's November already and seems the price does not continue to rise but do not lose hope guys and do not do panic selling.
1089  Economy / Trading Discussion / Re: how to start trading with a very small amount on: November 05, 2016, 06:57:27 AM
with a very small amount at least 0.001-0.005 you can start trading but consider it as a practice for you to improve your analytics and understand the movements inside trading and do some research and you need to analyze the every altcoin especially the coin you wanted to buy you need to learn and understand those candlesticks as well because most of time traders are focusing on movements of candlesticks .


But altcoin are not that much profitable to earn good profit. However its good for the newbies and the person who needs start with the small fund. Sites like Yobit, coinbase and all providing very small amount of bitcoin trading. This may good for low fund investors. Just utilize that.
Altcoins is actually profitable because the price fluctuates hard, when you are a day trader it's good for you. But altcoins is not good if you are planning to hold and consider it as your long term investment because most of them does not have a longer life in terms of support.
1090  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: November 05, 2016, 06:23:24 AM
Is it just me, or does the exclusion of some entries from the table invalidates the statistics? It might make sense to recalculate the income earned from the beginning without the excluded entries, but, on the flip side, retrospectively removing failed sites doesn't add to the credibility and reliability of the whole attempt at assessing the profitability of investing in dice sites.
As far as I understand it is not exactly real scientific experiment where you continue with it no matter how bad are the results.
The money are real here and it is rather logical to cease contracts that are not profitable anymore and will instead generate losses.
The answer here is why would you still prolong the agony when you are losing already, it will just eat your capital. There more site to invest which will give you profit so give a room for them.
1091  Economy / Economics / Re: Is gold better than Bitcoin? on: November 05, 2016, 06:20:56 AM
gold is gold and gold will always have big value!

That's a fact in gold and we can't argue about it. And if we are going to check the market cap for gold compare with bitcoin, they are really far away from each other. And gold has been proven to be a good investment from the earlier times until today. But for me, we are in new trend and technology where crypto currency rocks.
Yeah, therefore it's hard to have gold but we cannot afford it... So if you want to invest, you should invest on something you can afford and with bitcoin we can invest even with a little amount of money and we have a high chance to grow our investment in the future.
1092  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: November 05, 2016, 06:15:19 AM
They are saying that bitcoin is dead because they are not using bitcoin at all and if they are going to use it as currency then they can cosidered as trader and they will not saying bitcoin is not really dead this currency is awesome for me and i can really say that i live with bitcoin since im a jobless person.

Some chance that they don't use bitcoin is fact, but most of them just failed when they are still using bitcoin. Just like those trollers here in the forum that keep on saying that bitcoin is dead and it is a scam. But in reality, they are just bringing out the emotion they got from bitcoin for failing from their investments or maybe in gambling.
That goes to the sayings that you cannot please everyone, even how good bitcoin is there's always its detractors and you cannot expect anything good from them about bitcoin but it's all up to us if we believe in their senseless claim that bitcoin is dead.
1093  Economy / Services / Re: ▌▌▌ SpectroCoin: BITCOIN wallet ❄SocialMedia Campaign❄ ▌▌▌ ( Earn upto 0.034 Ƀ ) on: November 05, 2016, 06:11:28 AM
Good rates and a lot of choices to choose from.. I think I am gonna join the avatar campaign.
1094  Economy / Economics / Re: Invest your bitcoins. on: November 05, 2016, 06:05:58 AM
Things are not looking very bright for investors right now but stil Bitcoin needs moving to keep growing. This is probably just temporary so the situation will improve, we need a little bit patience.
What exactly do you mean? Bitcoin is in a high price right now so investors are all happy about it. We're all hoping that the price increase would continue and reach 1000$ before this year ends. Those people that invested this year's summer has almost doubled their money already. We were around 430-450$ back then and now we're about to approach the 800$ range. Too late for those latecomers to invest now.
I am one of the happy investors because of the price recently, it has increased now to $700 and that is a big blessing already as an investor. With holding your bitcoins, there's really a lot of benefits as you will not be panicking when the price drops as you focus is in the long run.
Yeah bitcoin reached its price to 700$ with very easily and bitcoin really very soon recover its price again and i hope now more people will be buy more bitcoin for the future because bitcoin will be more increasing its price and i am sure bitcoin will be reach its price to 1000$ at the end of this year .
I think if this situation continues like this. where panic buying continues to occur because many people think that bitcoin prices will continue to rise, then the price will definitely continue to rise gradually. very lucky for someone who already buy bitcoin at $ 600 some time ago. I think it's not too late to buy bitcoin today
I do believe that bitcoin still being a great option to invest and collect the results at 2020, where its expected bitcoin achieve atleast the 1000 dollars once again, that would mean around 40% profit, something you cant get soo easy as with bitcoin. Invest now might be a good solution, some people had bought bitcoins at 300 dollars and they can sell some coins with an amazing result-300% and the best thing is that bitcoin isnt any hyip or ponzi sheme, but is allowing massive earnings.
That's correct and if you can manage to hold them for long term then this is the best time to invest in bitcoins as price will certainly go higher in future allowing us to make huge profits, some may find current price to invest but it will surely benefit you in long term even if you buy with current price.
I am sure we can manage to hold our bitcoins if we intend to do so, we are the one who are controlling our actions and we should know what is the right thing to do with our bitcoins, never sell it now as the price is bound to increase in the future. Just hold tight and believe.
1095  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: November 05, 2016, 06:01:46 AM
Price stability is exactly what some people and businesses are waiting for, up until the last week or so that's just what we had.
But for sure the huge price fluctuations we seen in the past was a big draw card, it was just cool to watch.

Bitcoin may become a little more boring for some with a stable price but it will kick a lot more exciting businesses off i think.
That might happen in the future when massive adoption are already achieve but for now it's the game for the traders and investors. When people are coming in to adopt and will continue, that is when the price will become stable and it will be a successful coin use as currency only.
1096  Economy / Trading Discussion / Re: Safest way to sell bitcoins? on: November 05, 2016, 05:58:19 AM
The method I use to sell Bitcoins is using a local exchange from my country. I just send my BTCs there, sell to them and they send the money to my bank account. Surely they are a legit and trusted business. You should look if there is any of this kind of exchange on your country, so you can make the transactions really easily and fast.
It's good to sell in a licensed company rather that a specific person, I know they charge a bit but what matters here is the safe transaction. If you are selling big amount of btc then better be safe than sorry, sell in local exchange like i do.
1097  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 05, 2016, 05:51:48 AM
Bitcoin has gained global popularity due to its nature of transactions. It is very easy to transact with bitcoin and there are no elaborate procedures involved. It can also not be traced easily that is why many people prefer using it. This feature has made it to be liked by many people thus its likelihood of becoming a global currency is high.

Though it is liked and used by some percent of people in almost most of the countries in the world but still there is a long way for it to go for becoming a complete global currency, as there are still not a lot of people using or knowing about bitcoin if we see the population of the world and the users database of bitcoin we would know that we are still so far from that place.
well if theres a smoke theres always fire behind so when people from that place start using btc they should introduce it to much bigger audience that way we are also helping the chain to continue to grow up the more we invited to join btc investment the more value it will gives to this currency and for sure it can be globally in this coming new era.
It's just a matter of time of what we need, bitcoin is already popular but only to us, let us just hope in the future bitcoin will continue to progress so more people will learn to use it and it would be good for the overall economy.

I can promote bitcoin to my family but I know they do not have the interest like I do.
1098  Economy / Gambling discussion / Re: What keeps you coming back??? on: November 05, 2016, 05:38:22 AM
the reason is only one greedy or want to recover our losses
and to get more and more money its human nature
whereas thats reason often bring us to lose and lose again

Every time we want to win in every field of life because this is human nature. But money has a lot attraction for any person than it's normal action after losing huge amount on any gambling casino. We think on that day we were unlucky that is why we lost but now we can recover it there so this could be reason which keep us playing.
That's it, we want to be competitive in this world so what we want is winning as it gives us fulfillment in life. When in gambling we keep coming back because we love the game and we want to make money and to avenge our loses. We will never gonna quit in gambling because it's a challenging game.
We can be competitive in other ways but definitely not in gambling, you cannot be competitive here when the odds does not favor you or you do not have the advantage, better start your own business and compete with the old ones but definitely not in gambling.
1099  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: November 05, 2016, 05:29:10 AM
I think the best time to become a trader is right now, don't waste your time and the best way for making profit is by practice on real life although there are high risk on trading. And of course with small amount of capital and find the ways of trading that give profit consistently.
Anytime you can become a trader as long as you are ready, and since we are here in the crypto world and there's a lot of assets we can trade here, I guess we should learn how to do it successfully to maximize our income and take advantage on the early stage and the time we are here.
1100  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: November 05, 2016, 05:26:08 AM
I get some money from gambling games. I play on the sidelines during idle time. playing gambling takes courage because I could lose all the money I had when I was not focused.
For me, we don't need to get focused in gambling, because for me, most of the time, gambling is more on luck so why we need to make focused in it. If I were be going to be lucky in gambling and make rich, I will not going to use it again in gambling, instead I will make it grow and make my own business.
If you are talking casino gambling like dice, slots etc then yes it is all about luck but there are quite a few people who make a living off sports betting and can sometimes get rich.
I would always be too worried about rigged games when betting on sports, you hear about it so much and unless your in on it your kind of getting scammed.
I will stick with a little roulette and slots once a month, it's just an hour of fun a month for me, not a way to get rich.
I do not see any gambler being rich playing dice or slots, I think we have no chance to be millionaire in that game due to limits and we cannot have our luck all the time, the only chance for us to be rich is when we have a decent bankroll and we win in gambling most of the time.
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