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It is because the cycle redundantly happens every year, there will always be a pump after how many months of being dump. This is how the crypto world works and i feel sorry to those weak hands who doesn’t much patience on the day to party. Being impatient in this forum will lead them to regret their decisions soon. So i suggest to add more patience and hodl guys because the surprise will come after year 2018 ends.
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I guess because people are still curious about bitcoins and wanted to explore how far can bitcoin benefited to us. And it is true that gold can give us profits aswell but the thing is we cannot use it by portion. Like we just need a little bit anount of cash just for emergency purposes only. And also in doing transactions like paying our bills without the hassle of going outside our home just to pay our bills.
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Risk is our choice. Anything in this world is a risk, it all depends on us how to handle things properly. At the time everything is manageable even in a relationships. To avoid risk then we should be careful in our decision making. Like in crypto world, there are thousands of coins to chose from and it is up to us if we are going to buy the cheapest coins but not 100% sure if we can gain profits from it or not. Or simply buy the expensive one but already trusted by many with a guarantee than can give us profits in a long run.
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Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Governments don’t understand Bitcoin and want to control it. It is true that Bitcoin and other cryptocurrencies will be disruptive to banking as we know it. This makes them want to hold Bitcoin back. Governments also want to make sure they get their taxes from us as well. Absolutely true mate. Government will not banned or make bitcoin illegal as long as they can collect taxes from it. Mostly the reason behind the illegality of bitcoin declared by the government is because they are having a hard time to trace every bitcoin transactions and to how they can collect taxes from the holders not unless the holders itself converted their bitcoins into fiat. But as long as it remains cryptocurrency in the wallet it is decentralised and controlled by the owners itself only. |
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Hi guys , I am a begginner in the crypto world , after a long study of the market , rules and regulations research. I am ready to start inversting . First stop that catched my interest is orbis https://orbistransfer.com . Because it has paypal and card purchase . No kyc and country restrictions so I can buy it from US. $500 dollars allocated . Any other promising icos ? What do you recomend. Investing in an ICO is a great way to earn a profit, but not a way to make a profit quickly. Also, if you choose a bad ICO, the price of the crypto will not be high. sometimes lower than the ICO price. Absolutely true mate. It is hard to identify now on what ICO is the best to choose from. Even a big ICOs and a reputative managers can deceived you. I knew it well because i have been there and done that. That is the reason why i stopped investing in an ICO. Though i am still active in the forum and participated in a signature campaigns and bounties. As of the moment, i stick on buying bitcoin and ethereum. It is much safer than to invest in an ICO. |
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Some of the gamblers are addicted so much to these casino games so they can't stay without playing even a single day.
I can stop completely without gambling and can control myself.
How about you and how long you can control yourself for not playing these games?
I can say that i can live without gambling. Gambling for me is plainly just for fun not like those who are addicted to it because their intentions to play is earn from it, because of greediness which is actually not the concept why gambling was created. Even at home we used to play card games with my friends but then i realized that it is just a waste of time. |
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Hi guys!
We all know that gambling is not only a fun but also potential danger. So are you limiting yourself somehow when gambling? DO you use casino's instruments to prevent you spending more money?
Or do you just limit yourself by setting a certain amount of money to spend? Or you don't limit yourself at all?
Thanks for sharing!
Cheers,
Yours OshiHugo, Oshi.io CM
Yes i do. I always set limitations in gambling. In fact before i go to a casino i make that that all the bills has been paid already, our groceries are done and ofcourse i spare money should be left at home. And i also set time management in playing and since i always went to a casino together with my wife. We only stayed 4 hours minimun and 6 hours maximum. Win or lose is not an issue because we always follows our time management to avoid rgument with my other half. |
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Actually there a lots of countries who welcomed the idea of crypto especially bitcoins. I am from Philippines and i know that there are lots of filipinos who adapted bitcoins without any doubt. In fact, there are lots of filipinos also who got scammed by a scammer here sad to say that. And as i have heard we also got a bitcoin ATM though it was located in just 1 city yet. Hopefully our government will legalized bitcoin in public so that more establishments like foodchain will accept bitcoin transactions as payments.
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Actually both bank investment and bitcoin investment are risky. Although in bitcoin is all depend on how you handle your holdings. But if you are into long term investment then there is no risk at all and just huge profits in the end. While in the bank, i can say that it is too risky no matter how careful you are it is because there are lots of banks in our country that declared bankruptcy and with that all their investors even the middle class people who deposited their money in the bank as their saving, lose it all.
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Absolutely true. There many an issue and FUD that will cause the price of the coins to drop but it can easily be recovered if the demands will continue but due to those weak hands who sold their holdings because they got scared that the market will continue to fall then they make it worst. And that is what happen for the past few months. How can the block market recover that fast as what we all wanted to be if the demands will continue to lessen. Please people in this forum, stay calm and relax. Let us work together to save cryptos.
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Today evening, I was spending some free time by surfing various websites. Suddenly a website caught my attention which talks about the benefits of gambling. I was surprised because negative thoughts about gambling is so common, but positive thoughts are rare to find. So I went ahead and read the entire article. The article actually talks about the positive sides of gambling which I believe everyone should know and it made a lot of sense to me! The article lists 7 points as the benefits of gambling:1. Gambling Stimulates Local Economies 2. Gambling Is a Form of Entertainment 3. Gambling Can Take Place in a Safe Environment 4. You Could Win 5. Gambling Contributes to Government Budgets 6. Gambling Creates New Forms of Revenue 7. Gambling is a Form of Game Play The article is actually a tight slap on the popular belief that "gambling is harmful to the society". So I encourage everyone on this forum to read the article and understand it, especially the non-gamblers! Gambling is not a fools-heaven, it's just another business and an opportunity to the gamblers! Hope this article would clear your mind! Article Link: https://www.benefitsof.org/what-are-the-benefits-of-gambling/At some point it is true. And all the top 7 list on how gambling can benefits in general was absolutely true. Actually in my country, if you are poor and one on your family member is sick and badly need for medication, you can ask help from what we called PAGCOR (Philippines Amusement and Gaming Corporation) is a government owned and controlled corporation. Which open to help those who are proven that in need. Its just that many misunderstood the concepts of gambling and that is why many people think that gambling cause negative impact to people. |
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Hi guys! It's often discussed here that you can't make any money from gambling, but in general it's just not true. House edge is usually quite low so the most of the money go back to players. Of course some one wins more than he bet, some one wins less and loses in the end. It's all about luck. I am sure that the most of you was lucky at least once and made some nice money. So my question goes here: How did you spend this money? Did you buy some presents for your close ones? Did you buy something for you? Did you invested it, saved it or even put back into gambling (and then made even more or lost it?)? Share your stories  ) Cheers, OshiHugo As i had experienced, quick money always followed by gone quickly. It is not the same with the money we earned from a hardworking job. Mostly, if i won in a casino, the first thing i did is to go home and asked for my family to get dressed and have some special dinner outside. Then call my close friends and invite them to have some drinks on my treat. And ofcourse i give some to my parents and also with my wife’s parent. Usually that is the routine everytime i won. But not the same thing with my salary ofcourse. |
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Hello Crypto Currency Experts,
Suppose you make 200k USD proft, but your country does not allow you to withdraw money from crypto exchange to bank.
So you have only option to take "permanent residence/citizenship" of another country, which is crypto-currency and immigration friendly.
Why would you suffer being away with your friends, loveones and your beloved hometown because of cryptocurrency? I believe that in the near future, cryptocurrency will be recognize around the globe and be use as a normal currency like paying goods and establishment that will accept bitcoin as payment for the goods. We are in the millennial world and people nowadays always preferred to use technologies for faster transactions and bitcoin are one of those. |
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Everything has its own risk. And yes cryptocurrency is quite risky but it depends on how we handle our investment since we arr the one who will decide on when to let go of our investments. That is why i am into long term investment. What is i did is to buy bitcoin in dip everytime i got spare money and just freeze it on my wallet. And i will just wait for the right time to sell it.
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I believe it is for now though there are some transactions now that can be made using bitcoin but it is still limited that is why i cannot still consider bitcoin as currency. People maybe hard to adapt a volatile currency and many establishment are still hesitant to accept bitcoin as payments. Hopefully there will be changes in coming months or even years. The value will be more stable not like this past few years.
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Why is it strange for you? Friends, couples and even friends like to play together at casinos. I have seen on the movies people going together to Las Vegas casinos to play. It seems very normal for me, it's like people who go to amusement parks, clubs together to have fun.
Absolutely right mate. I don’t think there is something wrong for a couple to gamble together. Me and my wife do gamble together occassionally. It is like our date night, the only time we’ve got without our kids because usually when we out always be together with oir children like watching movies or going to a shopping malls or having out of town and since we do not do clubbings anymore, so our date night alone goes to a casino and played at the same table. I guess it is unsual but what is important is we had fun. |
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You don't get to be specifics here dude. All gamblers really know the consequences of being addicted to gambling. But why they are still getting into it despite the negative effects of it? Simply because they want to enjoy and earn lots of money in the quickest time possible. And no amount of explanation will swayed their mentality.
Yes i guess it is really hard for those who are addicted to gambling to understand the negative outcome of being addicted to it. They didn’t even listen to all advices. I knew it because i know someone who are so hooked in gmbling and no matter how hard we tried to let him see what he have done into his life and to his family still he always finds way and sneak out just to go to a casino to gamble. |
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Day by day we are getting news like , this country reject bitcoin that country accept Bitcoin. Technically it stands a contrast perspective with the Central Bank and the economy of the country. But as I love BITCOIN , I pray Every single country will accept BITCOIN one day. No Liabilities or debt with BITCOIN:Bitcoin is a conveyor machine, meaning that there are no liabilities or debts associated with it. You can't get loan from it , or you can't get profit through interest. If you hold it, it’s yours. And as such, there can be no run on a “bitcoin bank.” It's Independent. Bitcoin is considered as Fiat Currency :Of course you can assume, holding bitcoin superior in many ways to holding fiat currency in a deposit account. Here Fiat currency are those which can not be backed by commodities . It has all the benefits without the risk of capital controls. Because of this, the growth of bitcoin is sucking value out of national currencies. The higher capital will rise the higher value it will get. The Capital is really HUGEI think there is now more than $70B worth of bitcoin sitting in bitcoin wallets.One thing to consider here , the asset is not under any management. So we can call it AUP (Asset Under Management ) , but we can call it Assets Under Protection (AUP). And here is where the risk to traditional banking resides. What does a world look like when a simple bitcoin wallet is indirectly protecting as much money as big giant companies , organizations like Bank of America or Fargo etc. Wallet Becomes BankAt that point that wallet becomes a bank, Haha , a newer form of bank with decentralized function, with different rules, operations, and monetization policy. The Last Reason- PEOPLES LOVE BITCOINThe real reason that banks should worry about People loves BITCOIN. People always love easy process, better stability and full control. All things are available in this case. Bitcoin actually threatens the bedrock policy and business model of Banks. That's why Banks are attacking Bitcoin.
I am trying to write good article and trying to research more to build good article. Really dreaming to get first MERIT. Thanks you guys. (Forgive me for any mistake)  All the listed reasons are enough for the banks to be alarmed about bitcoin because it is absolutely true. Can we imagine how scared they are that one day they will wake up without investors left? Ofcourse will choose to have their savings in their own wallet and not being controlled by anyone else but itself only. Keeping our investment on our own and just waiting for the huge profits to come compared to the banks that only gives a little bit of interest whatever how big amount we deposited from them. |
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I will always go for what i think is quite stable already. So, it means that i would rather chose ethereum other than any altcoins though majority of my holdings are into bitcoin. Ethereum as i can see is a promising coin in the future. Even if it is expensive already but there is an assurance that i can gain profits in a long run and i bet all of us here are after with what coins can we benefited soon. Although the final decision is in your hands since it is your money.
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Forgive me but I fail to see how this promotes the mass adoption of cryptocurrencies.
What Zeex does, if I understand it correctly, is help you convert your coins into a gift card,
which you can then use to buy coffee. It's more or less the same as converting your coins into fiat money
in order to buy coffee. If Starbucks really wanted to help promoting crypto, it could accept direct payments in crypto.
Earlier this years one of the Starbucks' CEOs said that he didn't believe in Bitcoin.
That's enough of a hint to me as to what their position is.
Very well said mate. It is not the bitcoin itself that are accepted because if it so then we don’t need to use gift card just to buy a cup of coffee or a frappes from starbucks. Same as paying bills, in my country we have this local wallet that we can use to pay bills but we still need to convert our bitcoins into cash before we can make a transactions. I guess its hard yet to adapt a currency that are volatile and that in the near future many establishments like shops, restaurants and etc that will accepts cryptocurrencies itself as payments. |
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