It is good to get money but that feeling that you are right there and getting something and feeling lucky and adrenaline is the main thing that get gamblers back all the time. Beating the house and belief that we are the one, the chosen one is the very addictionable feeling.
It is not practically possible to beat the house. There is a reason why the investors flock to invest in reputable casinos - the house edge is there and the odds are against the players. The players are going to get addicted and even when they win big amounts they will fall for their greed and come back to play again and then lose the money. The investors know this and so one should not think of beating the casino rather extract some money and leave early. it's always about money i guess when it comes to gambling , didn't stake money and expect money on certain games would just mean nothing. a simple game like guessing numbers on dice or predicting score on sports become more thrilling when there's money expected by you as a player. without all of them i think any kind game would be just boring. |
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If you check their FAQ, they say not to keep large amounts there and to use some other wallet. It s great for every day use but for full time storage, use something else.
that's true and considering exodus wallet aren't in bitcoin.org wallet list , i wouldn't recommend it. for a small transaction it's always worth to try , and of course never be a good idea to store your large amount of bitcoin in a third party wallet provider. sure safer you use your own wallet , i mean a wallet that allow you to hold the private key alone. I have downloaded the latest version of Exodus wallet. I tried to play with it and I can't find the options to have your own set of private keys. Meaning you don't have total control of that wallet. I will used this wallet just, but not for storing used amount of bitcoin but just to see how the conversion of bitcoin-ETH will be. And I think it will only give you 2 btc address if I'm not mistaken. So no option to create multiple address to give for every transaction who want to make. And I don't know if you can control the fee's as well. I have to double check. Which means, it is still good to use elctrum wallet than this one. Because in electrum wallet, your bitcoin is very safe to storage it in there for it has password, private and phrase key word before you can open it and withdraw your bitcoin balance.
Electrum is the best wallet for me so far. You can have multiple receiver address which is good if you have multiple transaction across for easy tracking. Of course you have total control of the seeds and the private key plus you can set up the fees for yourself because it support dynamic fees. they are a new wallet , launched within 2 years and getting popular recently. my concern only on how they aren't in the bitcoin.org wallet recommend list , the other things like private key that didn't held by the third party for me are a plus value , sounds like promising enough. just not yet recommended especially when you are talking about huge amount. |
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I think the best option you have when you win money is to invest it in bitcoin. It's almost the most secure invest you can do because bitcoin is the most successful project at the moment.
Yes the profit from gambling must be invested on other kinds of Investment except on gambling, it will makes our bitcoins be more increasing the good investing for now is put the funds on the ICOs projects, but must becareful to choose the ICOs because many fake ICOs that will takes money investors without gives any profit in the future. keep gaining your bitcoin wouldn't have never ending. and in the long run it's doesn't gives you any guarantee to always have get profit , i can make a vouch that an investment without passion and patience would never work . it's should be done patiently in the long run , cryptocurrency are full of good things as long as you know what you are doing. In my opinion, there would never be a guarantee that you can earn a profit or something that would make yourself rich in a short amount of time unless you are a jackpot winner or something, it's very easy to know what to do when you have already the capital but never use it in gambling, in my opinion, I don't know it depends also on the type of person or something. you need more than just a capital , it's useless you know when you have large capital already but don't have any good and reasonable plan . i mean you might could easily say would like to put the winning money to invest, but then everything went wrong with your investment instead profitable you just go down in heavy loss. end of words an investment without good analysis skills would be just same as you gamble again, there's no difference right? with that kind condition. |
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I don't think that there should be a reason for you to keep away from investing in Bitcoin. If you are afraid of the risks, you should not invest in the first place because every investment has a risk. There isno investment that has no risk and with guaranteed returns. Those risk are manageable as long as you understand what you are investing to. Conducting your own research and studies will help you.
too naive to say there's no risk in an investment. just simply thinking about this : the supply of bitcoin limited , fixed and when the supply almost empty and a lot of people looking for bitcoin what would happened then ? guess what? the value would get higher and higher no doubt, so even then 'if' the fee remain high , the future of bitcoin still as bright as before. |
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The gambler that can always be winning in every gambling games is just on movies, i don't see on real life  There probably are a very few people who have a very consistent win ratio. Hard to find one in the flesh but there are people like that. I read something on facebook about a man banned from entering casinos on a certain state because he kept on winning. i remember one of forum member here named ethan (if i'm not wrong) have an extreme luck. he have managed to earn hundreds of ethereum worth thousands dollar up to thousands ethereum wotrh millions dollar. i have seen everytime he put a bet on sports he always won it no matter what just like a god of gamblers that never suffering lost. |
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No i never won any jackpot, I seldom play any slot games and I also never got any jackpot from any dice site, I had played so long but never got lucky with jackpot, and it is so difficult to get the jackpot
in a game like dice there's a jackpot too , but yeah the biggest jackpot ever exist are slots machine as the odds/house edge so high makes people rare to win it as the result it's getting much and much more. and then once someone could claim it they would completely rich immediately no wonder. the jackpot are not something that could be expected so just keep moving on. |
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As the price is going up people get more and more interested in Bitcoin and that is normal. But many of them expect too much too soon, like to get rich or to make money only from Bitcoin no matter that they don't have enough knowledge and experience. And then at the end many get disappointed. Investing in Bitcoin and having job related to Bitcoin should be taken seriously, not just as another"easy money".
the media usually makes people curious with its exaggerate news, a general news about bitcoin won't make them interested but once a media especially popular media make bitcoin as their headline it's always leading into a lot of interest and curiousity. and since the situation after bitcoin for make bitcoin price even more stronger almost everyone who know you are in bitcoin world would be gladly to hear more about bitcoin. |
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It depends, if you use bitcoin only for buying products and services then using bitcoin to gamble is a great option, but if you are an investor that is looking to improve his profits then the best thing you can do is too no longer use your bitcoin to gamble.
the point of this topic actually discussing about how high the value bitcoin , how the volatile price effecting your winning value . current and the future value , as when you have 1 bitcoin worth $1,000 make it double to 2 bitcoin but the price gets dropped half which means $500 per 1 bitcoin so your 2 bitcoin now have $1,000 value. it's feel like useless and wasting time indeed when the drops happened. just luckily the price recently keep increasing. |
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You know your lucky when you get lucky. The problem comes when you push your luck and get greedy and lose and put it down to bad luck, it wasn't bad luck it was greed. Number one tip for luck is to take chances. Buy that random lottery ticket when in shop just to buy milk it could be your lucky day.
yeah i agree , people sometimes didn't think about how your lucky day determined on how you react and handle things. i mean a calm and wise people wouldn't rushed to gamble , would always feel grateful no matter what happened no matter what the result and it's leading to the lucky day as mostly you would have good result with good attitude and vice versa . |
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Not a bad idea altcoins process your deposits faster amd nowadays all these vdice and ethereum gambling sites are trying to make gambling more anonymous by using it's same contract feature and allowing people to gamble with even making a account. Altcoins gambling has a bright future
ethereum still has a little bit delayed , you must try dogecoin with extremely low transaction fee but fastest confirmation. i have tried it many times deposit on several casinos and within a minute it gets confirmed , mostly within 5 or 10 minutes . far better than bitcoin that has a lot of problem especially on its network where thousands unconfirmed transaction stucked for days or even weeks! |
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It will eventually die when nobody invest in bitcoin like any artist when nobody support her or him, they are already useless. Bitcoin will consider useless without any investors.
This is the only way that bitcoin will be dead meat. But since then I doubt it that bitcoin will be dying very soon. There's a lot of new coins that are coming out and keeps on saying that they are better than bitcoin and will take over the place. But no one did ever win. bitcoin could move up so fast and skyrocketing , then why not it's get drop so deep until even completely disappeared? satoshi itself have said about this i guess. the future of bitcoin are in our own hands. if you still need it to use for whatever reason then bitcoin wouldn't die as long as there's an interest even from a small groups. for now i can only see the growth of bitcoin getting faster and faster. so there's nothing to worry. |
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I think the best option you have when you win money is to invest it in bitcoin. It's almost the most secure invest you can do because bitcoin is the most successful project at the moment.
Yes the profit from gambling must be invested on other kinds of Investment except on gambling, it will makes our bitcoins be more increasing the good investing for now is put the funds on the ICOs projects, but must becareful to choose the ICOs because many fake ICOs that will takes money investors without gives any profit in the future. keep gaining your bitcoin wouldn't have never ending. and in the long run it's doesn't gives you any guarantee to always have get profit , i can make a vouch that an investment without passion and patience would never work . it's should be done patiently in the long run , cryptocurrency are full of good things as long as you know what you are doing. |
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Seems very difficult to rely on gambling to make a profit much less for long term. Because in gambling, emotions play a huge role.
yeah we mostly used our emotions rather than common sense , cool head and reasonable options. gambling always leading people to make mistakes and ended up with bad things , noone could completely handle it smoothly . and make gambling profitable in the long run itself are not something that easy to realized , it's insanely difficult. Correct, most people lose control of their actions when they are having fun and sometimes do something that they will not do under normal circumstances that is why it does not matter if you have a plan for the nigh,t once you start to get your fun, it is very difficult to resist the temptation of gambling. i wouldn't deny that there's a chance even just a little, to realize profitable gamble based on my personal experience are a tough goal . no matter how large your bankroll and how good you are having skills in gambling in the long run it's required an extreme discipline. when you have set a target for example $100 a day then stop it once you have reached it. |
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From what I see, Bitcoin price rise more than fall. I love the Bitcoin technology and the decentralised culture and hence I am holding on Bitcoin. I trust that Bitcoin price will rise further.
For sure, prices are going to rise further an even maximum chances are there that bitcoins will touch 4k dollars before the end of this year. Bitcoins have a great technology. As you have mentioned, masses are attracted by its decentralized and anonymity. Yep! Bitcoins have the credit of pumping more than dumping as compared to other coins. We all should hold onto these coins to have safe future. everyone seems so optimist bitcoin price heading 4,000. it's indeed something that you can expect but don't forget also about how the situation could turn around instead rising , the price get dropped deeper and deeper , that's the worst nightmare if you didn't anticipate a crazy downprice. who knows right? |
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I have a target profit when gambling. And yes, x2 profit for me is incredible. Because I have never gained 100% profit from gambling in one day. I just achieved what i could risk.
Targeting 100% profits must be a too greedy way of gambling which must be leading to big losses like losing all your bankroll too in matter of hours. I assume you will never go realizing your targets as gambling is too dangerous one for the gamblers who are having greedy targets. not greedy i guess , 2 multiplier are normal . it's considered greedy when you do it over and over again. which means it could turn 1,000% or more target instead 100%. it's better to leave the game after you have got money enough like 100$ to $200. the greedy one wouldn't stop until they see their pocket are empty. |
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Do you gamble at land based casinos?
No, in my country, gambling or casino is not legalized yet so that I can't go to casino, I will be arrested. Furthermore, there is no casino in the place I am living, so that if I want to go to a casino to play, I can't.  Well if it's like that in your area then you can't really do anything but settle for online casinos. Sometimes it's not whether you prefer online or real casinos but you have to abide by laws and restrictions. Fortunately for me, i grew up being able to experience going to a real casino and i can tell you, the experience is very different from doing it online yeah only in few places physical casinos allowed to operate under government regulation, the rest of it just fully ban any kind gambling activity. it's a next level experience when you come to a real casino , the atmosphere are too good to be missed. everything placed there are so excited. girls, drinks, foods and the game itself are so exclusive. |
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I think we will be somewhere around $4000 at the end of the year, depending what news comes from India.
but i think we will cross 50000 dollar at the end of the year. Besause now a day every one invest money in bitcoin and bitcoin is the extra source of income thats why every one demand for bitcoin and bitcoin price will increase very soon. it's not something impossible to reach that line actually considering the current price and trends show it all. but let's be more realistic, the demands won't increasing that much as there's still a problem in bitcoin network especially after the fork. i would say that $4,000 seems reasonable to wait instead $5,000 or more. price doesn't really matter honestly , i prefer to see a lot of people use it in daily basis. |
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so do you think when you can control your emotion won't make you ended up with loss ? it's still addictive by the way , gambling would always make you want to play again and again , that's the nature of gambling , makes people hooked with its huge multiplier but actually you have a very little chance to make it happened. becareful.
If you can control your emotions, you may end up not losing as much compared to when you let your emotions take the reins when you gamble. Gambling is something that you can easily loae.yourself in. You won't know how much you've spent or how long you've been playing if you're already too hooked. Put in lacknof self control and you're primed for a miserable financial pattern yeah losing control are a common thing in gambling , people have got used to it. and don't care anymore about how much they have lost , they only care about how much money they could possibly earn . it's insane to keep doing that mistakes repeatedly but you know that's not what you want , your brain keep telling you to do that. |
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I think we don't need any experience for gambling, we need experience in managing the money while gambling. Many people will feel that we need experience for gambling. I have been gambling for more than a year but I don't find any experience required to gamble.
but to me i think experience really matter even in gambling. experiece is too much important all field of life.even in gambling where we mostly depend on our luck. i think those people who have some experience and gambling skill so they can show good result in gambling and specially in sports gambling. it might help you in several cases , but not always. honestly depends on how you can maximizing that experience and apply it to any activity you have and in this case are about gambling. we can see that a lot of professional gambler survive to earn money steady through gambling and i guess it's because of they learn from their own experience and successfully make it happen, but as i said , it's not always. don't expect too much. Experience helps in so far as bankroll management, sessions creation, no emotions involve betting, and the like. But at the end of the day, we should be well aware and keep reminding ourselves that the casinos has house edge advantage against us. yeah basically it's helpful for non-technical. overall experience doesn't really matter , but for those people who think experience in gambling are an important think i guess those people are a little bit addicted and obsessed . just take it easy , gambling would never makes you profitable in the long run , treat it like your other hobby like playing golf etc. Put it like this, in everything, experience definitely makes anything better for anyone. Sports, work, interacting with other people, gambling. In-game, there will be decisions that you will make while gambling that will be influenced by all the experiences you've had. Those would be better decisions influenced by previous results. that's true but you can still gamble without experience right? i'm not saying it's doesn't matter but i prefer to say it's not important thing/not a key to gamble nor to win in gambling. people are just make it exaggerated. it might influence a little bit but not that much , just a non-technical help . sometimes it could be fully useless too. |
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That will depend on the game, in games that are completely luck based then I’m not going to make any kind of analysis but when it comes to games that also require skill like sports betting I will take the time to think about the situation and see how can I improve my odds of wining.
When you want to win money then you do need some extra effort.That is why people do alot of thing such as analysis and many other because they hope they can win more. I was like that as well until I decided to play for fun but in the end Im not really a fan of a game that has no instant result I'm pretty much the opposite. Instant results usually end up in me getting bored quite quickly. I prefer games that require skill and practice/effort, and most of those that do do not offer instant results. yeah an instant results gives you a temporary winning only , as you would always gamble rushed and feel never satisfy on what you have got. while skill based games would require to think hard and carefully on placing bets, an analysis usually involve here. even for some people it would useless when you apply it in any kind of games i don't care about that as long as i believe on it and didn't harm other people. |
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