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1201  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: July 18, 2017, 03:19:00 AM
Simple, because they think the price will increase. I hold a small amount because I think the demand in the future will increase along with the price. So I have put it in a safe cold wallet for me to access in the future when it has become more mainstream.
basic economics principle says like that , the more demand then something could be more valueable. and considering the supply of bitcoin itself are fixed on number of 21 million. i think we can say it safe to put a little bit faith in bitcoin and take a risk on the coming event about the 1 august fork.
1202  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: July 17, 2017, 10:11:13 AM
My plans still are to invest on bitcoin until I achieve the target goal amount I am aiming for, probably after 5 years I will venture into businesses outside the cryptoworld and maybe put up a small store for daily earnings in my own currency and get my capital from the money I'm saving for the future. We still don't know what our future will bring especially in the cryptoworld but I have high hopes it'll double up or even quadruple the value after a couple of years from now.
did you even bothered with the current biggest accident that probably happened in the next couple weeks about bitcoin could have two version? a lot of peolple have make their own speculation that bitcoin existence with its split accident wouldn't as great as right now, wouldn't as strong as right now. the value itself could get corrected massively and noone know when it would get recovered. but yeah at least keep putting your dream in bitcoin, there's no harm to do that.
1203  Economy / Trading Discussion / Re: Altcoins are all down, so how do traders make their earnings? on: July 17, 2017, 10:04:10 AM
It has been a rough month for traders, not all the time the coin going down there are few times the coin going up a little, even though it is only a while, but it is not a good time to trade, it is better to hold your coin, and it seems like it's getting worse hopefully after the August the price can be bounce back and stable
it could be a boomerang too , it might gives you a lot of benefit. the price recently keep dropping but for those people who knows already and have played long time enough in crypto trading would know the right time to cutloss and buyback later to get a lot of profit more than when the market in stable situation.
1204  Economy / Speculation / Re: Buy before aug 1 or after? on: July 17, 2017, 09:54:10 AM
I think the price is more likely to drop considerably after the split because people will panic even more due to the uncertainty and I could see it falling quite drastically so I'd wait until then. It might be better waiting until a day or two before if you're going to buy pre-split though because I think even more will start to worry and panic leading up to it. Alternatively, you could hedge your bets and split it 50/50 for before and after or wait to see how the market reacts post-split.

price still up now.
price still up now.
price still up now.

up
up
up

I just bought 2000$
I am waiting btc go to 5000$ next month


do not wait until 1 Aug.

lol. I wouldn't hold your breath for 5k next month, but if you've got a strong hand and can hold it long-term then that's more likely.
in my personal point of view , the split wouldn't happened. even though a lot of people have been discussed about how the probability of bitcoin split. considering a lot of factors , i think most bitcoin stakeholder wouldn't let this split happened in the end. and we hope so right? to buy it now while cheaps aren't a bad decision at all for me.
1205  Economy / Gambling discussion / Re: In Gambling, Money is not everything on: July 17, 2017, 09:43:22 AM
it will depend on once perspective, if you think that's why you play then it's maybe your reason
No, it doesn't depend of perspective or what I think, people are gambling for money.
Quote
it will depend on our experience and needs
What does this even mean? Are you counting characters for signature?
Quote
some rich people finds it only for fun but others were not
Rich people are gambling for money too. It is stupid to believe they are not.
Most of the rich people are not even gambling.
Why?
Because they actually have zero excitement while betting.
Think about it like that, if someone has 100 million dollars, and he bets 100$, he got the same excitement as a regular guy who has 10K$ bets 1 cent.
Is it going to excite you?
I don't think so.

that was a nice representation , a good logic you have. everyone would think that it's makes sense that the one who place a huge money to bet considered as a little piece only for the other who recognized as a 'high roller' a 'rich people' . but i don't think so , a rich people usually have a unusual hobby , a strange thing that they loved include this one about gambling, that's what i think.
1206  Economy / Gambling discussion / Re: Has gambling affected your life in a good way? on: July 17, 2017, 09:33:17 AM
Gambling has been a part of me for at least a year now, but recently I don't gamble anymore, thinking that I cannot probably make any more money because you know that gambling has a significant risk involved and I can't afford that. It's fun to see how much you could try to earn in order to make it significant in your life. Having a part of gambling in my life, it just made me happy especially when I'm winning.
lol you could realize about that fact since first day you come decide to gamble. but yeah sometimes you need experiencing it by yourself directly to know how it feels , just take it as a precious lesson , and don't do it again in the future , just change your mindset and get your strong principle on handling every problem you might would face later when you decide to keep playing but with other purpose.
1207  Economy / Gambling discussion / Re: Play with your profit or not? on: July 17, 2017, 08:51:36 AM
a pro gambler would have a high level discipline , a good bankroll management skill and would keep stick on the rules. they have experienced a lot of things and learned from it. that's why they could always handle in almost every situation they faced. pretty different with those people who just gamble for weeks, months only , they would keep playing with their profit and when they lost it they would go allin with the whole amount they have .

There will be only 1 rule to follow if someone wants to gamble, only play with the amount that you can afford. So eventhough you lose everything when you play then it wont really create a burden for you, in the end everyone play to get some money therefore just quit when you are getting profit already
sounds like so simple and yeah i agree with you that whenever you can gamble responsibly to stake only on what you can afford to lose then you are good to go no matter for fun or gamble for profit. but the hardest part are on how you can handle your heated emotion right after your losing bet. that's actually the only 1 problem you should take care of.
1208  Economy / Gambling discussion / Re: Are you a problem gambler? on: July 17, 2017, 08:18:38 AM
I think gambling worst option to try earning in bitcoin. We can choose gambling as worst option to earn bitcoins. If you have problem in this just be away then gamblers may loose all the money then gambling site owners high profit and implement new business in bitcoin itself.
One should never consider gambling as a form of earning money/bitcoin. Not even as the worst options. There are many other "worst" options which is far better than gambling with better outcome. You should gamble just for fun!
that's actually the basic thing to do to avoid you have a lot of problem caused by gambling. but well people really couldn't care even a little bit about this. they prefer to just keep going no matter what , and as for the result in the end nothing good happened not even you get back your capital . far from completely profitable.
1209  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: July 17, 2017, 08:04:12 AM
i use to set a limit what balance do i stop but i always lose all after almost reaching it , i usually try to not deposit all at once because i know i might lose all of them at once , im also trying not to gamble because i dont want to gamble again trying to avoid as much as possible
That is very good, if you are in winning streak then you will probably win but if the luck and streak is bad then setting a o limit ca be disastrous. I even set a limit like 0.01BTC on each game, no matter what is the confidence i always play with this amount, and i also donot bet more than 0.05BTC a day in sportsbook.
for some people who have got addicted already it might would be so useless setting up any limitation in the game , as you would just ignore it . greedy beat every single effort you make. but at least you want to give it a try? then be by guess , it might work for you but as a friendly reminder you shouldn't gamble too much for money when you realize you are vulnerable to get addicted on anything make you happy.
1210  Economy / Gambling discussion / Re: Trading vs Gambling on: July 16, 2017, 04:08:20 PM
Gambling is just for the few people who are born to be gamblers. And not all of us will have a decent life with gambling. We need to understand on what will can be the possible result of gambling if we are not going to choose the right way of earning. Trading is there and easy to learn.
Born to be gamblers  Grin no-one is born to be gamblers apart from few off springs of casino owners and few rich gamblers.

Trading is not easy to learn, it require years of practice and you have to loss so much to learn from mistakes.
Well, before trading on live stock market/exchanges, you can practice trading on a demo/simulator site with real data. even with practice/testing there's still chances of losing, but it should prepare you to take minimal loss.

It is a good idea since Trading is not easy, learning on demos is a good thing but it would be more exciting if you are really implementing what you will learn on demos. Trading could be like gambling if you are not going to be serious about this, you could lose too much money or capital on Trading if you're going to be a naive person which is always insisting what you want even though it is not correct.

So before we enter some places in this Crypto World, we must consider first the facts and the risk that we must know to avoid this capital lost.
trading have similar risk to gamble when you have no knowledge doing it. trading would be more profitable when you have become an expert , i just think those people who still learning to trade would have same risk compared to those people who just get started to gamble , both have similar risk and worth it.
If you do not know how to trade I would say that your chances of losing money are even greater than when you are gambling in gambling your odds are fixed, there is nothing you can do to change them, but in trading your odds fluctuate due to different factors.
lol you must be throw that words without even thinking. as simply as like this , when you trading how much your chance to lost the whole amount invested would lost? i think you might could lost 20% , 50% or 80% maybe but there is a little amount left at least. compared to trading where the whole staked amount would guaranteed to get doubled or lost it all! makes sense? of course it is!  Cheesy
1211  Economy / Speculation / Re: Will Bitcoin die soon? on: July 16, 2017, 03:45:58 PM
Now with this recent beating Bitcoin has been taking since the recent weeks many holders of the coin may think the end is here for it. From over $2800 to $1870 within three weeks isn't any consolation for anyone not to panic. However, I still think Bitcoin will survive this year. As for next year, I really can't say.
i think every year there would always a moment to have a doubt on bitcoin , but people forgot how cheerful they are when see the bitcoin price skyrocketed from $600 to $3,000 in a couple of weeks only. they just care about how their value get dropped more than 30%! i would keep support bitcoin no matter what would happened later after the fork in 1st august. bitcoin are still promising and the biggest thing ever on the internet!
1212  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: July 16, 2017, 03:31:51 PM
hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin

There is nothing wrong with gambling as long as you're doing it responsibly. If you're gambling away your savings or worse, somebody else's money, it can have damaging consequences for you and the people around you. Which is why it can be bad.
For me, gambling is wrong even it beneficial to our life. Gambling is illegal in the public places because of being open and minor become interested on what they see in the adult. I think the reason why it is banned because if we become addicted we can't control ourselves to control those emotions that result bad in the end. And also if the teeneger influence this, they let the studying and become interested in the world of gambling.

In the government's perspective, gambling is not wrong for as long as it is regulated. But in religion, gambling is morally wrong due to the nature of it. I disagree with you saying that gambling is beneficial to our lives. I've known many people who exhausted almost all of their resources just to recover their losses. At the end, they either go broke or commit suicide. Like the latest gambling incident here in the Philippines, that is one significant example of a gambling addict who lost everything and at the end he committed suicide while killing others also.
which government? for those people who live in a gambling friendly country it might true , but there is a country where gambling completely banned. so it's situational , it could be completely wrong or vice versa. but let's take a bigger picture about how gambling influence a lot of people lives, aand the answer are it has a bad impact and it's should recognized as a wrong thing in general, that's my opinion.
1213  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 16, 2017, 03:14:46 PM
Those people who consider the earnings of money as their pleasure the. They may be disappointed from this field in some cases while people who consider the fun of playing games in gambling will get the pleasure if they spend only that amount of money which they can afford for entertainment

Some people like me are looking for pleasure and some people are looking for money, we cant know what other's intention when they play because there are alot of people. Alot of people are gambling everyday and they have different thing that will make them keep on coming back everytime they decide to stop
you can simply look at the public data stated that how most people ended up with a lot of problem instead make them entertained. it's more than enough as a proof that those people aren't gamble for having fun mostly . they are completely come to gamble with an intention to make money. it's a strong evidence and also i believe you aware about that right/
1214  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: July 16, 2017, 02:51:40 PM
i just want to say '' when you know to stop , when you know to cashout your profit '' this is the reall gambler for me Wink
trust me gambling its all about your mentality and 100% luck.

I wouldn't say that gambling is only about luck, there are some strategy involved in it.  Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.
i think there are some other formats of gambling where we are not only depending on our luck but we also use our experience and analysis. for example in sports gambling we have advantage to use our experience and analysis.
and again people not realized yet about how the odds in sportsbetting always against you , there is alittle chance only to make a steady income through gambling no matter it's sportsbetting or whatever. people should wake up from a delusional expectation , gambling are the worst way to make profit even you are skillful and full of experience.
1215  Economy / Gambling discussion / Re: Is betting a good choice for a newbie? on: July 16, 2017, 10:05:23 AM
Why not there will surely be a sport that you will watch and overtime some people have the ability to guess who the winner will be easily, if you know any sport  start betting with less amount in starting and if you are able to win slowly increase the betting amount you will surely start making profit. Never go all in in any match even if you are 100% sure keep the maximum amount 50% of your funds

I agree, it is incredibly easy to guess outcome of sport match where you favourite team plays, as you usually know a lot about team you like and plenty about opponents of it.

So yes, it is good choice for newbie, but only if you bet on sports that you know a lot about. For example i don't watch tennis and know nothing about it, it is really hard for me to win tennis bet.
are you sure ? if you do the math about how odds the bookies given to you and calculate it for the long term , how much your chance to make it profitable in the end of the season? i doubt it's really give you a profit even a little , bookies are the master of making odds , they create a lines that basically would earn them money and make you lost no matter what.
1216  Economy / Gambling discussion / Re: Does experience matter in gambling? on: July 16, 2017, 09:48:52 AM
yeah that's why i didn't deny about it , as i can see it by myself that a lot of people around here have been success start their career on gambling through poker . i don't know really if there is the longest career ever in the poker game world but i do believe it's the most promising game among any other games. and it's indeed required experience and skills.

If people want to win then they need to have some skill to help them win. We cant control our luck but we can be much more advance then the other player through skills and experience, that is going to help us to win and someday perhaps it could be useful when we play but it is useless for me that only play for fun
no that's not what the point of my argument , i don't fully agree about skills are everything to win certain game. but in this case as we are talking about poker where skills and experience are the key in this game , i believe like 70% skills+experience and the rest are other factor like a luck etc. at least you have put an effort when you want to make a long run profit ( even though the fact there is a small chance only for you to make it happen ).
1217  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: July 16, 2017, 09:34:43 AM
Gambling is illegal in my country and not many in my country knows that you can easily gamble with bitcoins so if I get caught while gambling or if police catches me gambling and if people around me comes to know that I am into gambling then it will be shame on my part as it will spoil my image in society and if not then everything is fine.
yeah basically it's depends on what kind situation in a place where do you live, since your place have recognized gambling as a restricted thing then no wonder people around you would act feel like you are exiled, it's just like you get caught stealing or something like that right? of course you would feel embarassing . pretty different when you live in a place where gambling run legally as a promising business , there's nothing to be ashamed of.
1218  Economy / Gambling discussion / Re: Why is gambling so addicting? on: July 16, 2017, 09:25:29 AM
After sometime I have learned to accept loss without so much regret. The fun now is with the events, promotions and in dice games, hunting big payout rolls and boasting it on chat.

Even mere chatting is addictive especially to a site full of keyboard warriors. Cheesy

It is always fun to gamble that is why I keep doing it. I dont know how theothers are going to enjoy it but everytime I win it is fun for me. Imagine that someday I can get alot of money by trying my luck with a small amount? that is going to be very great day for me however I know that it probably wont happen to me because I have bad luck
i never think that there is always fun and entertainment in gambling, i think we can only feel fun and enjoyment in gambling if we are making money there. bub if there is no money in gambling and if we are losing money there the i think we feel gambling as one of the most boring activity of the world.

you're right there bro. gambling is only fun if we're producing a lot of money by winning a big prize in a low capital. gambling is meant to get all your money because no one can beat the house. so if you lose today an tomorrow you win it's like a cycle so we're only donating our money in gambling . but even if its a waste of money i still believe in luck that's why im playing gambling . btw i only play gambling with my friends after work. poker is the one and the other gambling i played the most was sports betting.
yes that is right is right I think that only rich people may be using bitcoin for fund and entertainment otherwise there may not be a single person who Is ready to play gambling for fun and entertainment.
addicting for those people who recognize gambling as a source of income , they would force themselves to win no matter what , that's why in a lot of cases those people would always ended up with a huge loss after a little amount winning. as in the long run gambling wouldn't profitable at all. it's hard to recognize gambling as an entertainment yeah it might work for those people who didn't care anymore about making money as they have a lot of money to spend.
1219  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: July 16, 2017, 09:10:43 AM
More bitcoin worth more bitcoin casinos will win,also everybody who advertise casinos and it have good high rollers will earn even more money when btc price is goin up what is really good effect of bitcoin growing.
Usually more bitcoin casino's getting more money as many gambler into it. Since bitcoin is becoming expensive to use in gambling it is good if you set a money management on the expenses on the btc you gamble with. Because bitcoin now is expensive, and this is the effect of bitcoin growing as many people uses bitcoin.
You are right. Yesterday I was gambling like fun and lost 0.05 btc around and I thought well, that happens and then I realize ah man I have lost 150 bucks almost and that's humongous. I mean bitcoin gets higher we all know but it is hard to realize and we just gamble too much sometimes without actually wanting to gamble that much.
sometimes it's really so cheap gambling use bitcoin as a currency , but when you convert it to fiat yeah you would surpised that you have spend a lot of money. the volatile actually could make you have an additional advantage and also gives you a huge loss at same time. well it would always come with the risk , so it's always worth i guess to gamble using bitcoin rather than any other currency.
1220  Economy / Gambling discussion / Re: How can gambling help you with your life? on: July 15, 2017, 05:51:23 AM
For me it somehow it relieves stress. I don't really take gambling seriously, I just do it for fun or thrill. It's stressing if

you would take it seriously. And, also it's scary if you're talking about big money. So, just moderate whatever you do when

gambling, so that you'll enjoy it.

since centuries ago gambling addressed for those people who looking for a different way to having fun. but of course it wouldn't so thrilling when you didn't wager anything there as part of the game. the problem in gambling nowadays are it's been no longer about fun anymore , greedy company create a mindset for you to make money through gambling , you can see it in the ads casino banner like encourage us to make profit from it.
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