What if POKEMON GO let people sell the pokemons they caught for fraction of Bitcoins? Imagine this:(user loyalty reward program)A person caught a Pokemon and sell them for 0.0003526 BTC People who collects Pokemon can buy or sell them on the online marketplace. People from all over the world would have exotic rare pokemons for sell on the marketplace. Original Post:https://steemit.com/pokemon/@cryptocurrency1/what-if-pokemon-go-let-people-sell-the-pokemons-they-caught-for-fraction-of-bitcoins---------------------------------- I'm sure other augmented reality video games companies are jumping on board to develop 'earn while you play' video game loyalty reward system. inb4 a news will be posted about how controversial that is and there will be adults who managed to phishing kids and sold their pokemons and transfer the bitcoin into his address. I don't think a social game like Pokemon go need to have Bitcoin integrated, it doesn't go very well and can lead to many disaster. even if there is no bitcoin involved as long as there are selling and trading going on or anything that has to do with money inside these games, some kind of scam is bound to happen and there is no avoiding that so your argument has no traction here.
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If i had to choose, i would choose gambling for fun and Investments for profit.
But it is not always for profit, sometimes you lose also. Though investing is also like gambling both have risk, but in investing you have some input parameters to study and analyse. In investment, i think you can calculate or minimize your losses. that is where you are wrong. investing is not at all like gambling. they don't even have anything in common apart from the fact that you can use the "word" risk for both of them but the risks is not even the same. the risk of gambling is an unpredictable high risk and risk of investment is predictable and it can be very low if you find a good investment. and in investments you can almost always pull your money out if you feel like you are losing money but in gambling you either lose all or win something.
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I honestly don't believe anyone actually uses any of these alt coins. Covals main focus is instead of hype to get real usage and admittedly that usage is zero so far. So seriously is anyone actually using any of these platforms. I highly doubt it which means the whole thing is bullshit speculation and likely to crash.
i am glad to see others are also realizing this fact about altcoins. i was just reading another topic in this board about 10,000 altcoins and buying pizza with it! and it is the same story, nobody is really interested or capable of using altcoins. i bet that less than 1% of a particular altcoin users actually own the wallet of that altcoin, they just buy and keep on the exchange until they dump it.
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Chasing always your losses is really a bad move because you will definitely lose even more money.As you said take it as a payment on your enjoyment on playing gambling and winning some money is just a bonus out of it. Thats the best thing we should treat gambling after all. Regarding on betting styles, it depends on what type of gambler you are, some may bet big amounts some may bet on small amounts.
Correct , just give up if you were suffered to lose and re-think it before to playing again (such as preparation and your mood). For me , it doesn't matter to choose low bet or high bet as long as i enjoy my game play and before I want to play it . I've set my bankroll to gamble purpose so if I lose with my bet I won't regret it. i think high bet and low bet really matter in gambling, if you are going for high bet there must be some pressure on you while playing gambling, but if you are betting a low amount then you can play freely, having no tension, i personally play gambling with low bet, as it protect me from a high risk of losing money. you should be extremely careful when you play with smaller amounts though. because as you said when you are playing with high amounts there is some stress on you so you keep your eyes open at all times. but with small amounts you may fall for a false sense of security and keep on making small bets and keep on losing and don't mind. but the accumulated amount of loss may empty your pocket much faster than if you made high amounts.
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my money NEEDS TO be in cash because of where i live and also because of people around me. none of them know what bitcoin is, so if i hold all my money in bitcoin i would be left without money to even pay the cab bitcoin so far is my investment, and despite me preferring it to be more than just my investment but it is not possible. plus even if it were possible the block size is not letting it happen.
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Of course it will. All the altcoins are some fancy toys that can serve some purpose, that's true, but none has the importance Bitcoin has.
it is obvious that the current existing altcoins are mostly for pump and dump reasons and there is so little interest in any of them but you can't say nothing new will come along in 10 years changing the way we think about cryptocurreneis just the same way there there were no bitcoin 10 years ago.
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something that is rarely talked about in topics like this asking about the "best" trading site is that there is always some pros and cons with any service that you use and all our choices that exist today (and you can see others suggesting and i am also using) are bad services but we have to choose the least bad one.
and the reason why i say they are bad is because they are all susceptible to becoming a scam just like a dozen before them who ripped us off and ran away like cryptsy or mtgox.
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I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.
It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before). You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.
Again,depends on the type of bets that decides how quickly you lose and not your strategies. every strategy has its own pros and cons and when it comes down to gambling everything depends on the luck and if you get lucky to win or not and lose. Fibonacci strategy is no different either, and it is so much harder to implement than other easier strategies like martingale because you have to calculate your total loss every round and make a bigger bet to cover all the accumulated loss. the good part of it is that you can play with a smaller bankroll. Fibonacci is worse than Martingale. You never get profit, it's just a way to lose your money slowly. Much time ago I tried this and after 2 minutes I saw that it won't work. On losses sequences you never recover all the satoshis lost with Fibonacci, you always miss some satoshis. Both strategies, Fibonacci and Martingale, don't work on long term, but Martingale can be more profitable on short term. I have one word to say, don't blame it to the method, blame it to ourselves. We are the one making bets, so it's up to us if we can win or not. every strategy needs to be tested first before using it with real money and Fibonacci strategy is no different. I have never heard about it before this but since it seems like an interesting strategy from what i have read so far, i am most certainly going to do some research about this method and then do some calculations and report back with the results. it is good to have some change in my strategies when it comes to dice games.
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I play on dice with very limited budget 500k sastoshi on 9900X multiplier on base bet 10k satoshi, I know that is really hard to hit the higher multiplier but I am doing this with my extra funds and playing there just for fun, I don this manually maximum 50 rolls there just once in a week.
9900x is the achievement which could not able I get currently even i have been trying this several times at primedice and i wasn't hit those numbers untill now but my friend could able to do so with faucet amount at primedice and it took more than 1000x roll to get that i am surprised about why people even try this method in gambling dice. and so far in the poll results the 9900x is the leading number for multipliers used. i also have tried this for more than 1000x and had no chance of winning. and what people usually forget in this type of gambling is that you shouldn't just look at the amount won in one out of 1000 bets but instead you should see how much you have lost in those previous 999 bets you made leading to that one win. and the total is always bigger.
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I really don't understand why nobody understands the pure definition of house edge.
Basically with 1% house edge, say you are betting 50/50 to dice over 50. You would only win the result is 51-100, if its 0-50, you would lose, so there is a 1% higher chance against you.
If you bet dice under 50, then you only win if 0-49, if its 50-100 you wil lose. Again because of the 1% house edge.
Its a small house edge but the more bets you take the more its against you.
House edge is how gambling sites and casinos earn which pays for their operations and other necessary expenses. Having 0% house edge will mean that the house (or the casino or investors) are gambling against their patrons which might result in them losing. Unlike if they have that 1% house edge, statistics will dictate that the house will win no matter what in an infinite number of plays. So if you did find a gambling site without house edge, then you should be suspicious about them. well not exactly. casinos are earning money from people who lose on their site not from house edge and gamblers are knows to lose a lot and when it comes to chance based games they tend to lose a lot more. house edge only gives "edge" to the house to guarantee the house's win and even if they have 0% house edge they are still going to make profit and there have been new dice sites that did this in their early days and still made profit.
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That's all... Claim Economic Nobel prize for Satoshi Nakamoto
if anyone deserves a Nobel prize Satoshi Nakamoto is the one for it. but they usually give these things away to people who had a great influence on their field and although bitcoin and blockchain technology is good and everyone is interested in it from investors to buy bitcoin and bankers to adapt it for their altcoins; but it is not yet that big to deserve a Nobel prize in my opinion.
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This drop in hash rate may be due to miners jumping to Zcash / Zclassic or even to XMR. I still think ETH can gain in price if they are able to fix the bugs in the code and come up with an explosive DApp. This is going to take some time, but I feel ETH has made lot of progress in the area of creating the next DApp than any other project there is. I wouldn't mind to go long with ETH and BTC. i wouldn't want to jump to any conclusions but miners are only looking for profit and when they see a price drop in ETH they start to look for substitutes as fast as possible because running your mining equipment is always expensive and you have to try and make the best out of it. and this also proves my theory on ETH dropping more in price.
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Ups and down is the nature of bitcoin, you can see that some time the price of bitcoin increase while other time it fell down to some limit in recent days we can see that the price of bitcoin raise to 750USD while after some time it come down aging to 730 USD actually it depends on demand of the people when demand increase price also increase.
that is correct but changes that are small, as small as $20 in your example are not really changes that you can call Ups and Downs! because these are the normal change in any other thing that is being traded like Gold, Stocks,... when changes grow bigger then you have to start analyzing it by looking at supply and demand, and i don't think OP is talking about this.
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Put your money in a trusted casinos, there's a reason why they are still existing profitably now and they are benefiting on the house edge. If you will lose to whales then you are not doing a great job protecting your bankroll, you are the operator of the casino and you control the rules, so you have to use your advantage.
WHAT are you talking about? we as users can only invest in casinos and become a partner in the profit and loss, nothing else. how can a user become the casino operator by investing in it? or how can you protect your money when investing in a casino from whales?
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Do you play dice manually, using autobet or third party bot?
I always play dice with bot, and i think it is impossible to play it without an automatic betting feature. but i have only been using the site's bot not a third party, i love to try one though. If you play using built in autobet what features options you consider most important?
the first thing is the speed of the auto bet which should be as high as possible and a speed that i can not feel is boring. and also if it has some way of saving the strategies and easily switch between them that would have been very good.
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moneypot pays really a little now, but might be good option still
most safe i know of so far
They are not the only one who are paying low to their investors, almost all of them and it depends to their profit and amount of your investment. So if you invested that really big bitcoin to them, then expect acceptable return from them. But if you are just investing your spare bitcoins. Then don't expect too much, too good to be true. Those legit sites are being good and true to their investors. Earnings from these investments are very slow but keeping some of our coins on these reputed sites will give good returns over the time. I have invested around 10% of my coins in these gambling bankrolls but so far not so bad, overall in profits. Indeed its because you cant get your ROI in just months I guess it will last for years but the most important to that your investments are safe. But I didn't try yet to invest in any casinos. You can't compare these casino investment with ROI because here you will earn interest on your product over the time and also you can withdraw your money at time. Only if you invest in programs where you initial investment is not coming back then need to worry about ROI. ROI means Return Of Investment, which is when you get the amount you put in out with profit not withdrawal. in terms of investing in casino bankroll or any other business with product or not there is the same thing going on, you put in an initial amount and you have to think about how long does it take to reach the enough amount that you can say i have already gotten what i had invested.
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come to think of it, i have not been really spending bitcoin lately. i have turned from someone who is interested in spending bitcoin into someone who is only holding bitcoin in the cold storage!
my spending have only been buying a VPN and some game stuff so far...
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it doesn't take much to make this speculation you know this coin has been the craziest so far with the 7 BTC price that i can see on the charts and the price has been falling like crazy ever since. and there is no end to it many said it will stop on 0.2 and then it continued down and still does and it will until completely dead. and surely the other part is also obvious, there is always a couple of these coins each year that come in with a bang and die.
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Hey! Good day to you! I would like to ask you about what gambling games are you good at so that i will know or other people will know how many user play that gambling game and would recommend me to play some of your games so that i won't be scanned in any website games so that i you can recommend me something fun and wild in gambling games. it is really hard for me to say. i have played a lot of dice games and i still do sometimes but you can't say you are really good at a dice games since there is not much to it apart from clicking a button and watching the screed for a red streak! but also recently i have been trying to expand my horizons and learn more games mostly poker and sports betting and although i have started recently i am getting better at them.
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The longer you are gambling the more chances you lose everything that's right, but not always. If a person can do gambling safe way, in other words for fun only and thinking they can make money with it, then they can gamble as long as they want and they won't be regretting doing so, ever.
True but even if you have more chance to lose but you can afford what you lose you will have a continuing entertainment in gambling and that's matters most of every gambler as they were able to get the value of their money. Lose in the long term in gambling can be avoided in my opinion. If someone can know when he has to stop to gamble for sure he would be able to maintain wins so that he can avoid defeat in the long term. Gambling for fun is also very good but also to be with self-control, to be able keep wins and do not become addicted. that is important but also it is important to choose your games and strategies that go with them wisely. which means you should be starting to choose games that are more skill based rather than pure luck games and then try to learn the skills that are useful in those games in order to win, because everything comes at a cost and to win the cost is hard work.
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