Ofcourse risky. Will you satisfy if btc goes up till 10k usd? How long do u think it ll take? Which one is better? Climbing from 1k usd to 10k usd in 5 years or climbing from 10 usd to 100 usd in 3 months? Check main altcoins dash xmr eth etc. they seems better with similar risk factor. Isnt it?
How come bitcoin investment is risky? If you are saying this because of the fluctuations of bitcoins price, then you are wrong. Bitcoins fluctuation price is just normal, what is not normal is if you are going to sell your bitcoins just because you are afraid that its price will continue to fall down, which is not, panic selling is not a must. What we have to do is relax and be patient until its price goes up in the moon again. And there are more risk in Trading to be honest than investing your money into bitcoin, why? because you can't predict if this Altcoins that you are going to buy will last for a year, or will its price will goes up again, and so on, unlike in bitcoin, you are sure that in no time, its price will go up after its temporary dump. |
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Bitcoin gives freedom to people from traditional banking system where they keep on paying heavy transaction costs and even the interest paid by banks is too low and inflation will eat away all that money but if you have bitcoins in your wallet then the same amount of coins can give you higher amount of money in future when the price of bitcoin will start increasing so instead of saving money in banks its always good to save money in bitcoins.
Yup, that's one of the things that make the most of those who know the bitcoin use it. Because the currency is not the usual bitcoin or currencies that are used only to be Exchange in business transactions. So, even though right now it's still very little bitcoin users, but if in the future the bitcoin will definitely many who use it and give an advantage to those who keep it from now Yeah bitcoin is still very new currency to many people and either they have not heard about it or they don't know how to make best use of it but they will start using it once bitcoin will be publicly accepted which will draw attention of many people towards it. We are not sure about that, about people are going to use bitcoin when the Government accepted it? I don't think so, because not all of the people living here in this world could understand such thing, I mean the technologies, especially this bitcoin. Not all of the people experienced how it feels to go to school, because of financial problems, that is why they have decided to work in their early age, for them to survive this world, that is why, it would be hard for them to adjust and use this bitcoin, I am sure their excuses would be " Why would I use that complicated thing if I could use fiat?" something like this. Maybe it is possible for them to turn themselves in doing bitcoin, if there will be an easy way to earn this coin in the future and not something like this which requires a laptop, or a smartphone so you could post in this forum, join signature campaign to earn bitcoin per week or per month, do trading, and so on. |
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Edgeless casino offers such games with 0% house edge, they are running an ICO, it is invested with Ethereum tokens. For more information, you can read it here: https://bitcointalk.org/index.php?topic=1718384.0Do you like 0% house edge games? I think yes, it is most possible to profit money and pure luck and strategy game, no more pressure from houses any more. Every gamblers are looking for this kind of Casinos, and yes, I like Casinos with lower House Edge especially with the 0% house edge, meaning there is a higher chance that you could win every bet that you are going to make compare to those Gambling sites which have higher percentage of house edge. But still, I am not suggesting anyone that we should try this gambling site because it is still a gambling site, and we all know that will going to happen in our bitcoin if we are going to use it in gambling. I am just saying that this is a good gambling site because of their house edge, and not the good way to earn bitcoin. |
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I earn a very little from the faucets. Those small amount was used for the transaction fee and for the small betting. With bitcoin right now we can do all sort of things that's possible with fiat.
nowdays with bitcoin price go to the moon,and you guy still earn from faucet??its ridicolous..and little bit wird. but i apreciate your effort,its un giving up. you better learn to join signature campaign. What is the problem with earning small amount in faucets? and just like you said the value is sky rocketing even a small amount in faucet can actually help in earning big and besides doing faucets and combining it with signature, mining or other stuff that lets you earn in bitcoin you can probably do it all at the same time, if there are no small amount there would not be larger once it will always start with 1 satoshi! I think it varies on the person himself. If he thinks that consuming a large amount of time and earning a small amount is fine then there is no problem. I myself also believed that bitcoins price will get so much higher than now and that is exactly the reason why we gotta earn and save as many as possible. Multi- tasking is nice but some people like me who doesn\t have that much time because I'm a student, I only focused on the things that have a decent pay, Making my time worth it. That is the point, if you are spending too much time and you are just earning small amount of bitcoin, don't you think its worth it? it is a NO for me, because why are you going to spend your time on earning small amount of bitcoin if you could earn enough bitcoin and you are just going to spend some of your time, and not like in faucet. For example is the Signature Campaign, you could earn bitcoin here bigger than you could earn in a FAUCET even you do Faucet for a month, still, the earnings in Signature Campaign is bigger. So, why bother earning a little if you could earn bigger. |
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pls guys i need to know why this fee very high and when i make it low can't send and i have 11$ only have to send 0.7$ WTF i need some help pls  It's not that it is not sending when you only pay low transaction fee, it is just taking it's time since you have choose the economical fee instead of normal fee. So, all you do is you have to wait because it is a batch that is going to be processed including your transaction, and there's nothing to worry about it. |
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We all know the Monetary System and how it works. And in this modern era, we often use fiat money and digital money and since the beginning of the fiat money, debt co-exist with it. The debt ceiling is constantly rising because of the number written in our bank books, on a piece of paper that states we have money.
Now BTC comes and a new type of money emerges. And because of the possible growth of the BTC's value can BTC really bring a country on its knees?
I am not an economist but this seems to be identical to the case of the emergence of fiat money.
I think it is impossible since we are the one who controls bitcoin or fiat. We are the one who is using it and without us, there will be no bitcoin nor fiat in this world. Yeah, some people worship money and all what they are thinking about is money, but it doesn't apply in all of us, still, most of the people are not committed like this on fiat, because this is insane, it should be Money work for us and not We work for money. |
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I've been trying to play on a casino for the past few days but every casino I found requires documents when I try to withdraw.
Is literally every casino like that or are there any legit ones that actually payout and respect the anonymity of bitcoin?
Can someone link me to one please?
I want one that has some live dealers software
Thanks.
I have never heard of this one before, that a casino is asking for users document in order to make withdrawal, because all of the gambling site that I knew never ask for something like this ever. Try this gambling sites OP, they are legit and they are not asking stuffs like this. www.bitsler.comwww.yolodice.comwww.primedice.comThis are the gambling sites where I play most of the time and I assure you that they will not ask any documents when you are going to make your withdrawal. |
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For how much time do you usually let your money invested in a casino before finish or renew it?
Mostly a month, depends on their profit percentage, but mostly, yes, a month. I'm not always investing on a gambling sites ever since when I got scammed for the very first time, so, I am staying always on the safe side, always checking the gambling site where I have invested my money if its still there working, because some of them are running off with all the bitcoin that all their investors invested to them. That is why, it is better if you are going to check it everyday, and if you know that you have already make enough profit, better withdraw it all just to be safe. |
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I havent tried it. If you want just try and see. Its only sign up right? Nothing is there to download. So no problem. If there is something to download , then be carefull. Or if they ask you to pay fees or something like that , just leave it. If they ask for some payment then it may be a scam. Mostly All these types of websites are scams.
Correct, if you are not sure that a certain site is a scam or not, try to register on that site using your dummy information just to test it legitimacy, because who knows it might be a Phising site, so if you are going to use your legit information, like for example your email that you have used in making a bitcoin wallet, then all of your information about your bitcoin wallet will be leak to them, and the worst thing that can happen is that, they are going to steal your bitcoin without being notice. So, it is better to examine first before we try it, asking first will help, since there is no fee for asking, it is free. |
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Bitcoins price is always fluctuating, even though the SEC didn't approve that bitcoin ETF causing its price to decrease again, but right now, it is on its way on increasing again. So, investing your money in bitcoin is not a bad idea after all, because you are going to make profits here in the long run, though, my suggestion is not invest all of your one month labor for it because you are going to need fiat in your daily expenses. Just half of it will do, or 3/4 of it, just not the whole salary that you are going to get in one month, because it is hard to invest it all while you don't have anything left in you to buy foods and stuffs that you need in order to feed yourself, or your own family if you have one. |
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Why is someone get addicted to gambling once he gamble ?
Because the individual gambler allowed the addiction to be input to their behavior of playing gamble. Until it became their habit, then as time goes by they've became addicted in the games inside the gambling sites. That's what will happen when greed come in. Trying to win more even if you already had enough. Addiction is something that cannot be stopped specially when you are also on the losing side. Trying to win back everything that is lost even if just thinking of getting back the capital without win. That is where it will start to where you will lose more. Been there, doing it at Yobit with their dice to which I thought I am on the winning side and truly lucky but after all of that I lost everything. Its about greed when greed got you and believe me it will get you everytime, then addiction will began to take a hold off you. And the greed factor ramped right up and that your every win should be more than your previous win but when you lost you want to get it all back and more likely that your biggest lost were all result of attempts to win more which didn't happened. Sometimes it is also about ego. You can't let the casino beat you, you should be one winning here, not them, you have to him thus, you start to chase all your losses but ended up losing it all anyways. Greed is one thing that makes a lot of gamblers become addicted, greed and ego are the main cause that people keep on gambling to achieve more winning or to replace the lost, before you start to gambling you need to have a strong heart to release the money, you need to think that you are gamble to lose, so act like the winning is as a bonus And for those people who hate to lose, that is why they get addicted to gambling. They are not going to stop until they achieve their mindset, that they are going to win all back the money that they have lost, for their efforts not to end up nothing, though, most of the time, they failed, and even lose more money than they are expecting. In the end, the worst case scenario that could happen to them is that they will end with an empty wallet, full of debts, and so on, and I know that gambling addiction is not that easy to quit, that is why, before we take that path of gambling, we must have self-control in order to not be addicted, and could easily manage the money that we are going to spend on gambling on a day, and not just going to spend until the last bitcoin that we have in our wallet. |
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You can learn how to play poker properly and make profits.
true but not easy. you can't learn professional poker and become good at it overnight. it takes a lot of time and practice. and i say that time is best spent in a better way to learn a better and more useful talent so you can make some real money from it not just risk. So true, not all gamblers are that genius to make that kind of gambling activity a profitable one. As you say, you can learn poker overnight, but you can't be a progessional player that easy, unless you have a hidden skill or talent within you, that maybe can make your gambling activity profitable. But even if you are a professional gambler, it still depends on your luck and everyone do experienced losing in a game. Indeed, poker games requires knowledge and skills, for you to win this game in a gambling site, and if you are just going to recklessly gamble your money without any knowledge about a certain game, then it is like a suicide. It is like you are wasting your time and bitcoin in this, in order to make profits on gambling, you need experience and of course money. And there is a lot more consequences that you are going to face in order to become a professional on the gambling world, you are going to lose a lot of money before you start to win it all back one by one, and if you are not dedicated on a certain goal in your life, then basically it is useless to risk things, because in the end, you will have nothing, but an empty wallet. |
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Trading is better than gambling because in trading there is assurance that you can have something in return when you give something or when you pay something, and the value of what you trade is usually the same value that you will get in return. For example you trade with bitcoin, if you pay the bitcoin which cost $1500, ofcourse they will give you a bitcoin that is worth the amount that you've paid. While in gambling sometimes even if you are already betting too much money or bitcoin, there is no assurance that you can win the same amount or there is possibility that you may loose. But if you want an easy money you can do gambling but there is no assurance. You can win or you can loose.
In trading, you buy something with intention to sell it later, because you expect that the price will rise, but there's no guarantee that this will happen, the price could easily go down, as many people also make their moves. I believe that trading can be even less profitable than some gambling, because dice sites have their house edge at around 1%, while newbie traders can easily lose a significant portion of their capital with blind trades. There's no easy way to make money, everything requires time and effort to develop skills needed to start making money. In short, gambling is all about losing and winning, but mostly, it is all about losing, while in Trading, it is all about waiting for the right time to sell and buy Altcoins so you could have profit in the long run, and the you can't get the earnings like in trading if you are just going to gamble all of your money, though, there is only small chance of you winning the jackpot in gambling, and it is really difficult to take the risk, because you might lose more than the amount that you could win. |
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For how much time do you usually let your money invested in a casino before finish or renew it?
It depends if my capital investment to them already made a profit, in that case, I am going to withdraw all of my profit and going to let my capital to continuously use as an investment, but, it is just on my opinion, mostly, everyone who invested their money on a gambling site are withdrawing all the balance that they do have in a certain gambling side because they want to be in the safe side as always, and it is not a bad idea after all. |
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hi guys
you realize that lately rampant gambling using a means of payment with bitcoin and alt coin?
or you just enjoy it?
in my mind often arise some questions
whether it is true that bitcoin was created simply as a means of payment for gambling alone?
or bitcoin created to play forex?
have you ever thought the same as I?
you seriously need to learn more about bitcoin first. i suggest starting to learn by reading the bitcoin whitepaper. bitcoin was created to be a peer to peer currency like any other money but without the centralization. the fact that you only saw the gambling part of it means your world is small, look around and see other usages too. also about trading i have to say you are half correct on that part. bitcoin is mostly used for trading and profiting these days. I agreed. Bitcoin can be use in many different ways, not just in gambling, and using bitcoin in gambling is not really a good idea. Most of the bitcoin users are just focusing on earning and saving bitcoin because they know that they could earn profit in the long run by saving and holding it, and sell it or convert it when the right time comes. Also, using bitcoin in every stuffs that we want to buy is not really worth it, it just mean we are throwing away the profits that we can get to it if we are going to hold it rather than to use it always. If we can buy something using fiat, then, there is no need for us to spend our bitcoin on buying stuffs if is not really necessary. |
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The more we play in gambling actually is the more we also learn in every losses we faced in the gambling world. But majority of the player even they know what they what there doing still ignoring was always being implemented so the result in the lots of losses in money because of being greedy in the games.
Losing and winning is normal on gambling, so whether you lose or not, it is important to have self-discipline and self-control, what for? Obviously, for us not to be addicted on it and not to lose so much money that we can not afford to lose, though, a time might come where we are going to take all the risk just to win it all back what we have lost, and it happens all the time. But, if you are going to think first the circumstances that you are going to have if you are just going to gamble all the money that you have without hesitating, then you might end up broke or worst, that is why gambling is not recommended on earning money, or making our money doubled. |
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I'm not a fan of gambling by itself, but instead as a way of studying and learning about other things. For instance, I'm sure that if elderly people kept playing card games, it would help keep their minds alert. Studying poker involves studying human nature and probabilities. There are other aspects like studying risk in gambling, which is like studying risk in investing.
Does anyone have any examples of how gambling is like investing?
Gambling is gambling and Investment is investment, It doesn't mean you deposit on your bankroll its called investment, of course not! You deposit because you are ready to lose in the games, while in investing your thinking for a long term profit not a short term earnings. i agree with this, its different and we should know this although both is related between each other. but in my mind, gambling is something that we do with money involve and its not like investing which investing is we put our money into the house and we expecting to get profit with them. Money is involve in this two, gambling and Investing. The only difference is that in gambling, we invest our money to know if we are going to win or not, while in Investing, we invest our money because we know that we are going to have profit from it in time. Though, in gambling and Investment, there are risks that we need to consider. In gambling, only risk here is that either we lose or not, while in Investing, either we are going to be scammed of not. |
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freebitcoins.org paid me for a couple surveys. As long as you don't give them any real information about yourself, you should be fine. I believe it's a known fact that their referral system doesn't work or pay out though, so don't expect to get any bitcoins for people you refer.
There are many sites that give out free btc's and many mobile apps as well. Earning free bitcoins in mobile apps are just a waste of time because that is not helping you and it just wasting your time and making you think that you are earning pretty well from their site or application, In fact faucets or those sites that are giving opportunity to earn free bitcoins are just people who want to make money by just viewing the ads on their site. Also most of the application that says that you could earn bitcoin are just scams, and it is true that you are just going to waste your time on doing that, and earning bitcoin through FAUCETS is not that good also because the earnings there is pretty low compare the earnings here in the Signature Campaign, and if you are going to transfer your bitcoin from a certain FAUCET to your bitcoin wallet, the transaction fee is so big and the only earning that will be sent on your bitcoin wallet is not that big. So, instead of earning "FREE" bitcoins, I'd rather earn bitcoin which is not free, but bigger than what I can earn on a FAUCET, because that is going to be worth of my time. |
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Is because the name "Bitcoin" is the best name for a crypto-currency.
No other name will be as good.
I don't think so , if the name is the base there are some good names on cryptocurrency ,Like Zcash ,Doge coin, Cashout . I think the formost reason why bitcoin remains number 1 because it is the original or the same as the first Digital currency that exist then next is the other cryptocurrency. True, the reason bitcoin will always be #1 because it is the main crypto. Johnny Dilley even once commented in an interview that most altcoin is fraudulence, and he also thought that the Bitcoin developer could not threatened by this altcoin. Moreover altcoin is part from bitcoin system that was developed, so I think it is impossible if altcoin could be better than bitcoin. So I believe bitcoin will always be #1. I think there is a sense on what he is saying. Bitcoin as a name made it popular in the cryptoworld. For instance when I share about Bitcoin some of my friends think of it as some kind of web money which is correct, however if I mention Ethereum they think of it as some kind of mineral in the periodic table. Bitcoin is the pioneer when it comes to the crypto world. You right every person who knows crypto or digital currency is certainly the most they know is bitcoin. I think it's natural because crypto created and developed first is bitcoin. So maybe I do not think it's because of the name, but because of the existence of bitcoin as the main crypto, it is the reason bitcoin always be #1. Perhaps you are right there is a sense of what he is saying, maybe he can explained in more detail. The thing is, Altcoins exist because of bitcoin. The idea of making Altcoins is to be the rival of bitcoin, since bitcoin is the one who got the spotlight first. Bitcoin is not that popular way back on its first year in the world of cryptocurrency, but days passed by, until now, bitcoin is the most popular coins amongst all the coins here in the cryptocurrency world, why? because of its solidity, valuability, and its advantages. Though unlike the other coins here in the internet, that will just vanished in thin air because no one is using it, bitcoin stands on its feet all along its existence, and its awesome because of its greatness, and I wish that bitcoins success will be continuous for us all. |
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