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13601  Economy / Gambling discussion / Re: When gambling makes you cry. on: September 28, 2016, 05:33:18 AM
As long as you play for fun and not to obtain profits then gabling should not make you cry, bet only what you can afford to lose and you will be fine at the end.

It is hard to believe if you are just going to gamble for fun because people who are gambling tend to make gambling as a source of profit too and we can't remove that in their minds. And when every time we are going to lose as we gamble then that is going to make us cry. Losing in gambling is much more heart break than having break up with your girl friend.
13602  Other / Off-topic / Re: Do you actively spend your bitcoins? on: September 28, 2016, 05:28:26 AM
I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all.
I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat

Well, if your choice is just to spend your bitcoin or convert it to fiat you are doing a great job for helping the economy of bitcoin because you are part of the good numbers of people who help on the circulation of bitcoin, but I thing I can tell you is that you will not benefit when the price will increase because you do not invest.

He can still benefit from it if he will buy back. The thing is you need to wait for the larger investors to make a big fluctuation. If it is just you who will convert it then it will not be much of a movement. There is still time to buy and I dont think it will be moving so fast with this large price.

For me today is the right time to buy bitcoins and just hold it but if you are thinking about the price fluctuation then somewhat that is going to effect the  price of bitcoin. Then don't do anything with your bitcoins but if you really need to spend that actively then you don't have choice but to use it because if you are just always depending on bitcoins in able to survive then you need it.
13603  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: September 28, 2016, 05:16:00 AM
Twenty years from now, if the bitcoin continues with a good growth rate, I believe that 120 bitcoins would be enough in the place where I live.

I think that is going to be enough if the price of bitcoin is going to reach $1,000 so if you are going to have 120 bitcoins then total you are going to have $120,000 and I guess that is already enough for your retirement because you can start to have your own business with it. Because if you are just going to spend that without returns then you are going to fall into poverty.
13604  Economy / Economics / Re: How to teach kids about Bitcoin? on: September 28, 2016, 05:11:49 AM
I am having hard time to think about if kids do really need to learn what is bitcoin or we adults must teach them either.

Because I am thinking that teaching them new things are good so that they are going to have broad knowledge in everything. But if they are going to think about earning.

Then that is going to be a different thing now because if a kid eagerly to work at young age that is going to effect his childhood.

Playing with a faucet doesn't affect his childhood at all. There are even games for smartphones and tablets that you can install for them to play and earn Bitcoin while doing so. Not much, but just tell them that they can buy sweets or something with the earned cash and I'm sure they will instantly go play. It's fun for kids to play games, and why wouldn't they play a game while earning money too?

Yeah you can teach kids to earn at the same time earning and as far as I know there are some android app games that allows you to earn some satoshi's as reward if you are going to play their game. So I guess it is going to be a good way to introduce bitcoin to your kids by having fun just go to the extent that you are going to teach him to gamble.
13605  Economy / Economics / Re: Invest your bitcoins. on: September 28, 2016, 05:10:28 AM
At the moment i find bitcointalk a good source to find good bitcoin related investment projects. Be it ICO's or regular altcoins, there is enough to choose between.
So much I have to buy new bitcoins every month to keep up with these projects.

Investing in ICO's are going to be a good way to invest your bitcoins and not just with those ICO's because if you think and researched that the developers of that alt coin for sure you are going to invest more on that project if you think that the coin is going to pump in the future or else you are going to stick with trading.
13606  Economy / Gambling discussion / Re: To Gamble or To Invest? on: September 28, 2016, 04:47:36 AM
I've done pretty good investing in startups but that takes quite a bit of research.  For every startup or crowdfund that does well there are 1000's that tank....I've done pretty well playing poker too but for every winner there are losers.  Investing IS gambling and one needs to build a solid skill set before diving in to either of those ventures too deeply.  Do what you're best at and don't rely on anecdotal evidence to make those decisions. They both require specific skill sets and they both have a real element of risk.
I am seeing that investing in a gambling site does not require too much skills to be successful, apparently gambling sites are profitable so there is nothing to worry on that, maybe we will just hard to pay attention on the reputation of a certain site so we will not be scam.

I agree it is just like a matter of you are going to be a stock holder but letting the gambling site borrow your money in able to add to their funds so that they are going to keep on operating. So if you want to gamble and invest at the same time then this is going to be a good choice to you that you are going to make your hobby as your investment.
13607  Economy / Gambling discussion / Re: Do Girls also gamble? on: September 28, 2016, 04:40:23 AM
I think yes, because there is no rule that says that gambling is only made for men. Only children who are not allowed to gamble.

Well most of the things that men can do are not anymore harder for women. They can do what we can do now and in gambling that is a check that girls do gamble more. And base on my experience, they are more risk taker than us because my auntie who is a true gambler is just feeling nothing when she loses $50,000 in casino's.
13608  Economy / Gambling discussion / Re: Quit Gambling. on: September 28, 2016, 04:28:24 AM
Stopping with gambling is not so hard if you are doing it on a good way you have to trust yourself and stay focused.
You have to keep repeating the steps to stop, over and over.

Quitting gambling is not just easy that you say that it is not hard maybe because you are not an addicted one. I've been through with it and upon being an addicted gambler I really wanted to stop by myself. But it is not really easy at first if you don't have the will power you are not really going to make it but if you really can't ask someone to help you to give you advice.
13609  Economy / Gambling discussion / Re: Controlling your temper in gambling on: September 28, 2016, 04:19:03 AM
keep calm and listen pleasant music
If i lose money in gambling, my temper will increase high. So at that time to control my temper, i prefer calmness. I will stay away from people and other digital eqipments. Sometimes music also irritates us. Actually, I like music, but when I am in temper mood, i don't like anything. I like to stay alone in the calm place. It may in my home or garden or beach.
the same for me, then i want to win the money back, it is the main reason i dont play a lot of it to be honest

That is a good way to control your temper especially when you are on losing streak what you need to do is be calm and try to listen to some relaxing musics. I guess instrumental music are the ones that is going to make you relax and when you feel that you are now calm and relaxed then that is the right time to go gambling again.
13610  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: September 28, 2016, 04:09:52 AM
There is no real smart way to gamble and I think that gambling never can be done smart because its something that is based on luck.
Without luck you will win almost nothing...
If there is no smart way in gambling then I guess we will not enjoy gambling anytime, winning is not only the purpose in gambling but the entertainment, now, if you will be entertain in gambling so I think there is no smarter than that.

Agree or not most of the people who gambles are aiming to have good profit and winnings as they gamble. Because if I am going to say that I just gamble for entertainment and I don't have enough money anymore then I am going to say a lie. Because the fact and the reality about it is that we are aiming to have both of it, not just one.
13611  Economy / Gambling discussion / Re: The House always wins. on: September 28, 2016, 03:43:55 AM
don't challenge the house because you can not win. the house is make rule, and always win on every games, better you challange other player and maybe you can get win with easy.
Yeah that is the advantage of gambling casino they are putting some house edge.. you will never win even you skilled thats why its always base in your luck.. so if you really want to defeat the house it takes a long time before you can defeat them..

don't take to long time to eat all of your money before you can defeat the house and it would not good for you, as your money will be empty so fast. better to challenge other player, who knows you have the good luck and can win the games.
well it depends on how much risks you will take, if you play with small money and dont risk too much then you will definitely not lose all your money fast, besides that i am pretty sure that house always wins in a really long run no matter what, if you want to beat the house then you should just gamble for a short period of time and get out until you are in profit and never gamble there
Agree with you Nimbulan. This is my point of view. In general (I mean all the players and not a specific person), I do agree that the house always wins in the long run. A specific person can win several times on a site. So let's say that this person is very lucky for a day or several days. Even that person is winning, other people are losing, that's for sure. It's even possible that their losses are greater than that specific person's winnings. So still, the house always wins.

the thing that you should always remember is that people who gamble are usually gambling for a long run. so they all fall under the category of losing and the house can beat everybody because of this simple fact. so even those specific persons who win in a day or several days even, they will continue gambling and end up losing.
Yeah, that's the sad truth. A gambler, especially those who are winning won't stop gambling. They might think that luck is on their side and of course due to that greed they end up losing. That's what happens usually on gamblers and I think self control and putting limits to ourselves can help us avoid losing so much money. Remember that Luck come and go, it's not with you always.


Yes it is making them more fierce to keep on gambling because they are thinking to be lucky on that day. But when their luckiness expired for sure they are going to be confident that they have a lot of funds for keep on gambling but as they are going to keep on losing they are not going to notice that they are losing it and the house is winning again.
13612  Economy / Gambling discussion / Re: Why is it Sports Betting is better than other type of gambling? on: September 28, 2016, 03:38:09 AM
In sports betting, knowledge is a must. so if you know who is the better or stronger team there is a possibility that you can win unlike in other gambling games.
well yeah if you want to make some good money i think you have to get a lot of knowledge before doing any bets
of course you need to have vast amounts of knowledge if you are doing some sports betting and it is easy to lose

That is given in every game that you are going to gamble because you won't gamble if you don't have ammo in your brain about the way you are going to gamble. But for me people tend to be more exciting because of gambling as they gamble and it is a human nature that we are sports lover. We all love different type of sports so it is applicable in gambling.
13613  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: September 28, 2016, 03:29:03 AM
The only thing that I can think of is by just go out and looking for a other hobby that is going to help you for sure if you manage to find the right one for you.
If that does not help then you will have to get some help from a professional.

I guess that is the primary concern that OP is facing right now. It is very easy to say that you have to go out and find another hobby but the problem there is how he is going do to it because in reality it really isn't that easy.
His facing some problem with gambling as the OP said but if he wants really to quit gambling for good then he shouldn't in gambling anymore find some hobby that he can do or repair their house plant some vegetable at your back of the house then chilx.


But the thing there is how possible it is. Especially if OP is being hook up by gambling too much as advice i think if the problem is really fatal OP should take first a good advice from the professionals
In that matter when the addiction is really serious, it is better to be bankrupt so he can realize that what he is doing is not right.
you are right, because you would be just losing money over and over again in my opinion if you are addicted


Sometimes we need to think to consider the person who are involved for being an addicted gambler. Maybe they have problems or the reality that being gambler and its addiction is their problem. I think they just need proper counselling and some advice that is going to enlighten them so that they are going to help themselves to totally quit gambling.
13614  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: September 28, 2016, 03:21:24 AM
of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

Well in any type of investment that is going to be pure gambling because you are going to risk your money or bitcoin with it. But I guess it is going to be more possible that you are going to earn if you are going to choose trading because you are not just going to base your profit there with income but with proper knowledge and background.
13615  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: September 28, 2016, 03:16:51 AM
My main target on gambling is always getting profit, because i gamble with my own money and losing money it's not fun, that's why i never gamble for fun, only for profits.

Many are saying that they are just gambling to have fun but I guess they are just hiding the main reason why they are gambling. I'm sure that most of the people are gambling to have them both, entertainment and profit. So when they failed to get good profit they are just keep on telling the people that they are just doing it for fun.
13616  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: September 27, 2016, 12:42:20 AM
i like using both...bitcoin is better

I agree bitcoin is better than paypal. And I have some feeling that paypal is going to adopt bitcoin. SO that clearly says that bitcoin is better than paypal. Because if paypal is better than bitcoin, then the developers of bitcoin are the ones who are going to ask paypal to adopt their service. But it tends that paypal is begging for bitcoins adoption.
13617  Economy / Gambling discussion / Re: Quit Gambling. on: September 27, 2016, 12:39:49 AM
Hello guys I am addicted to gambling.How can I quit this?
simply make your interest in anything that is helpful to earn money in btc you can do trading in btc . in this way yiur mind will.remain in busy schedule of earning not in gambling ways .
Its good but if you have btc you will always be tempt to play again, i suggest to stay away in using computer or gadgets then do the things that can make you busy like find a job or go to a vacation. you can also seek for professional help to give you advices on how to do it properly.
thats true, it is the main reason why i dont do too much gambling in order not to get too addicted to it

If you are going to always play gambling that is going to be the result of it. You are going to be addicted and you can't help but to keep on gambling. So it is better if you are going to manage to control your fund as you gamble and to completely quit gambling you must really willing to quit it. Because if you are not you are not going to help yourself.
13618  Economy / Gambling discussion / Re: Why is it Sports Betting is better than other type of gambling? on: September 27, 2016, 12:35:55 AM
Actually it is not. I used to think it is, but its better for smaller odds. Once you make bets on games at 2 multiplier, the odds are actually much less than 50%, they are more like 30% giving the sportbooks a big house edge. This is also the reason that some of the biggest gambling companies in the world are sportbookies and not other gambling establishments .
thats true, it has a massive house edge and i think it makes it really hard to make some decent profit

It is a matter of business so if we are thinking that sports betting that it is better than other types of gambling. We can't blame the people that thinking that way. Because somehow, I am also thinking that sports betting is better than dice because there is the thrill and you know the bets that you are going to put your bitcoins on it.
13619  Economy / Speculation / Re: Keep or sell? on: September 27, 2016, 12:33:40 AM
for now and next week, i think better to hold bitcoin rather than to sell it, because now the rate of bitcoin is still going down for this week and we don't know until when the rate will be up again.

It is better if we are going to keep our bitcoins and the price is still not yet acceptable for me and I am thinking that it is going to become higher if we are just going to hold it a little longer. And even with the alt coins you just need to wait for the price to increase and if the price gets satisfies you then that is the right time to sell.
13620  Economy / Speculation / Re: 1 BTC = 100.000 to 1 million is a possibility in 2035 on: September 27, 2016, 12:28:11 AM
I do not know what to expect from this year but I think that 2035 is way too far too predict right now and I also do not think it will happen.
The number is just way too high its not possible in my eyes..

Well we don't even know if we are still going to be alive by that year. But I would say 1 million dollar valued bitcoin is not going to happen that time. Unless the demand of bitcoin is going to be higher and it is going to be the primary currency of the whole Earth. But still I don't think that it is going to reach $1 million.
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