Yeah, but the problem is when you are on a losing you think it will end 2-3 bets from now, and you are betting and betting, getiing more and more reds.

Apart from demand from China its halving coming in several months when the price will be around $500 IMO and stabilizes there.

EDIT: And the price has dropped because of this I think:

http://www.coindesk.com/bidder-turnout-low-silk-road-bitcoin-auction/

Does anyone know how do they calculate quality of posts? I don't think that they just count symbols, right? But how then?

Wow! thanks for the link!

I'm wondering how many Litecoins the guy has himself. No answers from him yet though.

I also can't understand why are the guys like him not doing AMA here, on bitcointalk?

Gambling is no way from the things which are wrecking my life. On the contrary, I have fun with it even though I don't have any profit. If you gamble with small amounts it's fun even if you lose. But never try to recover your losses because doing so you might lose a lot.

Even here on this forum there are many women, not as many as men of course, but they are here and everyone can see it. So the to OP's question is YES. )

I'm not going to use the service in the near future, but in general replies like below might convince me to use the service.

Firstly, this will not happen in the near future. But even it will happen Bitcoin still will be a better option regarding fees.

If you want to transfer $200 with WESTERN UNION the minimal fee (3 business days) would be $8.00

As far as I understand, he was only suggested for the nomination (how many others were also suggested? idk). And truth to be told, it is not officially a Nobel Prize actually. IMO he deserves much more than that.

You can read more here:

http://coinyoo.com/2015/11/09/bitcoin-inventor-satoshi-nakamoto-nominated-for-nobel-prize-in-economics/

I sincerely wish you luck with your solo mining!

Since there are not so much topics and updates in the Mining section, your updates will be highly anticipated. Please do them. And GL again!

Since some of the sport events are arranged, no analyzations or qualitative opinions will help you to predict the result of a game in those cases. So IMO sports betting is not better than any other.

I agree with this. Although I think Bitcoin will never be lower than $340 and it may look like you should invest everything you have at that price, I can't guarantee it 100% (and no one can). So you should be very careful with your investing.

Well, but do you think that Bitcoin has no more advantages compared to Litecoin except that it was created first?

Do you think that there are no valid reasons for Bitcoin to cost much more than Litecoin?

You are on the good path, mate! Congratulations!

4 BTC, wow! I have only 0.5 so far. I'd suggest you to keep it up!

And you are right btw that you are not going to gamble your coins away.

I don't think so. Mt. Gox was the biggest  bitcoin currency exchange market at the time and was very trusted place. What happened to it was highly unexpected and customers lost their money because they were unable to withdraw them months before the collapse was officially reported.

As long as customers can withdraw their money from those exchanges, they are no Mt. Gox.

This is very interesting, to me at least. Could you please provide some links to such blogs, because, believe me or not, I've never heard of them before.

I can't say I'm gambling for a living, I'm very far from that. The maximum amount I won from gambling in one day was around $20, so, obviously, with my luck at least, you can't live from gambling.

But I can't say I'm living for gambling either, because I find real life much more interesting than gambling. I do gamble for fun sometimes and I enjoy it, but am I living for it? ... No.

That really depends on where you want ot buy a house IMO. If you were going to buy it in Monaco, then I'd say, YES, yes, definitely do it. But if you are going to buy it in some place where prices on real estate might drop in the future, I'd stick to renting and hold my Bitcoins because the price of BTC will not drop in the future, no doubt about it.

Here's my experince with martingale. If I have say 0.02 (or 2M sats) in balance and if I'm playing simple 50% win chance, I start with 1k sats and if I lose I double the bet. In most cases you will have not more than 7-8 reds with that winning chance, so when you bet 128k or 256k you win at last recovering all your losses and having +1k (your initial bet). With that strategy you can easily go from 2M to 3M most of the time, BUT when you have 13 or 14 reds in a row (which happened to me several times) you'll lose everything. And the thing is you never know when those 13 or 14 reds in a row will happen, you can have them when you just begun betting.

In short: martingale is a road to hell. )

No, you are not. I know how it feels too, I mean losing all your balance, not everything of course. I find it a bit odd, but yes this is a good feeling sometimes. When you have nothing then you have nothing to lose, and yes you sleep like a baby. I understand you completely.