Just as important, IMO, is "merchant acceptance" of Bitcoin.  BTC truly needs more goods & services providers who will take BTC as payment.  Some already do, but not nearly enough.

If Bitcoin price keeps going up, that will attract attention of BTC buyers, and with luck more merchants will then opt to accept it.

Do you play dice manually, using autobet or third party bot?
If you play using built in autobet what features options you consider most important?

As it stands, the Indian market is nothing more than peanuts. But that doesn't mean it will always stay like this.

India is a huge country where there is a tremendous amount of growth that Bitcoin can experience if authorities don't jump in to ruin things for people.

What is being seen as a not important market right now, can turn into one of the main countries at some point in the future. 1.2 billion citizens isn't something you can easily ignore.

Hello There,

India bans top currency notes such as Rs.500/- and Rs.1,000/- to prevent black money. Now there are only three notes in circulation Rs.10, Rs.20 and Rs.50

http://www.thehindu.com/news/national/live-narendra-modis-address-to-nation/article9320548.ece

Google for more news links.

Yes, There are some preventive measures taken to deal with the situation but still it is one of the masterstrokes by India prime minister Narendra Modi against black money.

How do you see this action and what kind of impact this will create on the bitcoin in India?


P-S : Adding some news headline since this move, worth reading

1) No cash, no plastic: India's demonetised economy rushes towards cryptocurrency.

2) India’s rupee restrictions are boosting demand for bitcoin.

3) Digital Currency the ‘New Normal’, says Indian Finance Minister After Cash Curb.

4)  Why Bitcoin Will Succeed in India in Just Two Years.

5)  India Encourages ‘Mission Mode’ Digital Currency Adoption.


Best
Dudeperfect

I prepared a bot with my own strategy.   I run it continuously. it gives me around 5MB per day with 2mb initial balance.   it is enough for me.  

Buy bitcoin >> yes.

Go all in >> no.

There are many valid reasons for us to buy bitcoins but none of them are valid enough to make us go all in. Just diversify your savings in different investments and you will be fine. Never invest more than you can afford to lose. That goes for every investment you're making.

That's actually a good thing. If you don't protect yourself, people would take advantage of you. You have to adopt the environment. Otherwise, you'll get scammed every time you try to have a transaction with someone. This way, we have to educate ourselves which is a really good thing imo. It makes you have the instinct of not trusting someone too much in the bitcoin world and in real life as well. It makes you smarter when having transactions.

I can't really understand why Bitcoin fluctates fast, even it will goes up or down. Is it because there are too many miners nowadays? or the supply and demand of services through Bitcoins. The only thing that I understand is it has a really great value compare to Fiat money.

I was wondering if you make bets on sports that you have no experience in?

lets say you have never watched boxing, or soccer even, would you still consider betting on these matches?
how will you do it then? random or will you use a tipster service?

I was thinking about getting into sports betting but the games are countless and i don't know which one to choose and i don't know anything about majority of sports.

The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment.

But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy.

As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets.

What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments. 

Yes really bitcoin has strong future and has good potential that every one make good money in future, Investment into bitcoin is a very good idea because daily bitcoin lovers are increasing because the value of bitcoin is keep increasing, many new investors are investing into bitcoin for future returns.

Hey! Friends Good day i have some question in mind i would like to ask you about "how can bitcoin help you with your daily life" and "how will you earn in a week or month" and "how can will you spend bitcoin" because i have a bitcoin in my bitcoin wallet then i am very confused because i don't know how to use the bitcoin so i saved up bitcoin until i'm richer so i can pay someone who will teach me to do stuff with bitcoin in my wallet and i would like to know how you can spend bitcoin in need of furniture and foods. Please

short answer: NO.

anything is possible with bitcoin price. if nothing drastic changes with bitcoin which means if we continue on the adoption this way price will continue to go up.

but we can never predict incidents like bitfinex hack or something similar. and these things can change the price a lot but temporary

Well this is how one starts down the road into gambling and once they go down that path it is very difficult to come back from that if gone to far.
This is what I believe anyways.

you are describing panic selling yourself!

when such thing happens usually weak hands (newbies) start selling as soon as they see price going down then it starts a chain of events which leads to more sells.

but the effect depends on the cause of the panic sell and it is usually small and at worst case scenario it is only $50 reduction of price.

I have 2 opinions about this statement mate that there are will be a advantage until disadvantage.
First, if you really make shops in the big cities even until can make a super market that adopt and accept bitcoin, that's what the most of the bitcoin's user want. They will be more easy to use their bitcoin in reality without browse in online to seek goods and without should exchang their bitcoin in to fiat before can use that money.
Second, if the price of goods always fluctuating because it priced in bitcoin, how the shops will print the label price of each goods. Is the shops should provide a digital label price for each goods ? 😂 So in my opinion this is must be twice thinking by someone.

Lmao don't use autobet's when your away from keyboard some of autobets when it running for long run it will automatically bet all your bitcoins once your increase percent when loosing i think you lose straight and your bet based increase it very high that's the reason why all of your bitcoins are lose.

Yeah, you're right. Bitcoin couldn't possibly double again its current value by the end of next year, now could it?  

And the "lowest point" now would be what, exactly?  The lowest point was when it was launched, was it not?

_{(mumbles to self: this board is full of fkn idiots, idiots I tellz ya!)}

The poker game fully depends on your skills, if you are a pro in this game, you can make a huge profit. There are some gamblers they will only play Poker game because they want to be thorough in this game. This is the most profitable game in Gambling. Apart for this sports betting is the another method. This is my fav method in gambling.

You don't need to pay any tax for the government when dealing with bitcoins as it is not considered real money,only when you convert the bitcoins to real fiat then you may pay taxes.

If you by taxes you meant to fees,then yes,you need to pay a small fee for the miners for each transaction you make.