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1461  Economy / Gambling discussion / Re: Investing in Bitcoin Casinos are really worth it? on: March 24, 2017, 09:05:13 AM
It depends on your deposit when you deposit good money then you will get 5% of it its like if you don't want to gambling your money you're about to join the gambling it self and then let your money grow in a month its really worth even you get small money when it back. it just like while you are waiting for the price to increase you had bitcoin to sell.

Most of the people that are earning good amount with casino's are the ones that invested bigger amount, estimating higher than 1 BTC is the recommended amount of invested. And it can grow 5% for the 6 months and chances of not growing is still there. It depends on how big the bankroll is and how many investors are there too.

It also depends if the casino has a really good player base and there are a lot of high rollers. I tried investing in bitvest, they have a high roller there and I caught him on a bad streak. So my money almost doubled as I set my investment to the max risk they have which got me x5 of what my investment is.
1462  Economy / Gambling discussion / Re: ANY STRATEGY TO WIN IN GAMBLING? on: March 24, 2017, 09:00:40 AM
I don't think that any strategy can help you in winning in gambling as almost all games are based on luck and only luck can make you win in gambling and if you are hoping that any strategy will help you then you are completely wrong as it will never happen.
but to me i think your strategy your planning your experience and your gambling skill help you in sports gambling. otherwise in all other formats of gambling we totally depend on our luck.

In sports gambling and poker games or skill based games similar to poker skill, experience and strategy will have an effect. But generally most games will not be influenced by anything but luck. Though in skill based games, you still need luck, like when playing poker, you have to get lucky to draw some good cards.
1463  Economy / Gambling discussion / Re: Did gambling get you into Bitcoin or did Bitcoin get you into gambling? on: March 24, 2017, 08:56:51 AM
There are several stages in the history of my gambling. I've done gambling  before I know bitcoin. Because of some reason, I have to quit gambling. I am able to stay away from gambling for more than 3 years and I do gamble again just after I know bitcoin.

Uhh, that means you first learn gambling and you learned how to use bitcoin next. That means bitcoin did not influence you to gamble in anything since you already know how to. Generally what the thread wants to know is that did you get into gambling because you saw ads in this forum or elsewhere when you were using bitcoins.
1464  Economy / Gambling discussion / Re: Is Bitcoin the future of online gambling? on: March 24, 2017, 08:43:30 AM
I think it is! Even some of the largest online sports books are recognizing the potential of bitcoins. Gamblings sites like 5dimes, bet365, betonline and heritagesports are all accepting bitcoins now. Before they were fiat online bookies. That is how much bitcoins has influences the online gambling scene.

I dont really recall that they allow bitcoin deposit however they probably might not unless some day in the future, SEC approves bitcoin ETF. It will also take some time after it is being approved to be added to those sites . Unless gambler show a good amount of interest on those then it probably wont be added

Kindly check their websites man! They completely offer bitcoin as a way to deposit into your account. For sure you just commented away just for the hell of it and did not even check. Why do you need approval from SEC to use bitcoins as a deposit method? You don't need it, btw. ETF is just a move to have bitcoins placed in the US stock exchange!

I checked 5dimes and bet365 does indeed have bitcoins as a way to deposit and play in their sports books. I guess erwin did not check this out. I don't think there is a regulation that disallows gambling sites to accept bitcoins as their way of playing. I agree, ETF does not affect gambling sites at all.
1465  Economy / Gambling / Re: ★ New 50k bits weekly giveaway on FastBets.io ★ on: March 24, 2017, 08:33:48 AM
I have tried to deposit and this notice got my attention.
Quote
Min deposit is 1500 bits (0.0015 bitcoin). Your one-time deposit address is valid for two hours.

What will happen if i send bitcoin after 2 hours? That will get deposited to my account? or i have to create support ticket to get those bitcoin in my account.  Roll Eyes


I didn't know they had that rule, I usually send 0.005 on any gambling platform so I didn't care if they had a minimum deposit. Though, from experience from other places that have minimum deposit, usually if you do deposit lower than that amount, your deposit will be somewhat forfeited and you will not see the balance on your account. Let's see what fastbet has to say about it.
1466  Economy / Gambling discussion / Re: How to Win using martingale system? on: March 24, 2017, 08:29:05 AM
Just stay away from the Martingale system and all of its variants.  It is too risky and online gambling sites practice bankroll management programs that limit its function.  The Martingale system is better suited for very large bankrolls, but gambling sites incorporate schemes, such as the Kelly criteria, that limit the size of bets in proportion to their bankroll....  

Yeah martingale is nothing and will give you just frustration. Because most of the people that are happy with this strategy are just happy on their early day of using it. But most of the time when it comes to gambling everything seems to be fading. That's why don't always rely with this type of strategy as everyone is saying.

Tried it too many times before and never did I take home any part of my initial deposit. All I got was stress, depression, and regret whenever I try a martin gale strategy on any gambling site. Heck, I even tried it on low house edge casinos. Nothing really happened, I just lost everything every single time.
1467  Economy / Gambling discussion / Re: Learn How To Bet Like a Pro on: March 24, 2017, 08:24:09 AM
Never seen this site before but have heard about tipster platform like this exist. I will browse it to find out actually it is worth to pay for all this paid tipster or not.
I don't think such a paid learning is required for the gambling needs. Little by little the real time involvement into gambling is the best way to profit through gambling. Because in a short one can easily realize the best out of gambling and can move accordingly to earn profit.

I agree, there is no need for this kind of educational program. You just have to study it yourself, though maybe what OP can do is highlight what will be learned. Maybe some newbies in gambling could really be helped by this program. Best is to offer a free course to everyone so we can see the quality of the materials.
1468  Economy / Gambling discussion / Re: Are dice sites reliable? on: March 24, 2017, 08:20:01 AM
Dice sites are reliable, you can find some of them here in the forum. You can figure out by yourself the site if you know how to check it. The provably fair is clearly indicated before you play, so if you bet supposed to be you already understand it.

Yes, many dice sites are reliable. For example, bitsler even though it is not a very old site but within a short period, it has gained many people trust in this forum and growing very faster. Players need to do verify sites before depositing money and this forum has a lot of information on all gambling sites to verify.

Bitsler is indeed nice, since they give out a good amount of faucet money when you use their faucets. You could also check out fortune jack. They also don't have any issues about scams or bad reputation. Overall, both are good dice sites, but fortune jack offers more variety. If you ask me if I'd play on both site, then I would say yes.
1469  Economy / Gambling discussion / Re: Need bustabit advice on: March 24, 2017, 08:11:26 AM
lol....

i never lose in gambling overall..some times lose but not more thrn 10k bit, the only key you can beat the house is " you have to wacth about 50 round and then make decision, there is correlation between one and another bust..

dont use bot, read the correlation between bust...

i can teach you when i have a time..

i always wd after i triple my initial deposit, so far i got 600k bit

my nick : keziakusayang

In case someone wanna check your stats on bustabit https://www.bustabit.com/user/keziakusayang Your profit is 578k bits, not 600k bits
Based on your stats, i can say your style in betting is always rely on big multiplier/crash (more than 7x), and you are assuming if you will get that after you lost from some bets. Read the correlation between bust doesn't make any sense, your predicts were true only because you're lucky.

Maybe he loss the 22k bits before you check his stats. There is time interval on your post and him that sufficient for him to play again. But i agree that there is no correlation on each bust even though he watch thousand of round. Bustabit is just a pure random result, So observing correlation on each bust is useless. He is just very lucky on predicting

I agree, this is still gambling. There might be a pattern here, but it is so complex that no human can really predict how it will happen. Or even if you have a way to compute the chances of you winning, there is no computer powerful enough to solve how you win every game in an online gambling site. He just was luck, or he just snipped the part he wants to show us.
1470  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: March 24, 2017, 08:07:52 AM
It really depends on whether you love to gamble or invest. It is totally up to you if you pick either of them. But I think they can still go hand in hand. Where you entertain yourself in gambling and earn from investing. Though you can't earn from gambling, believe me we all tried it and non has succeeded.
1471  Economy / Gambling discussion / Re: Arbitrage with bitcoins on: March 23, 2017, 04:58:24 PM
There have been people who have attempted this. I would like to warn you that arbitrage is actually frowned upon by most bookmakers and you will likely get banned doing it. Since you will be betting in broken amounts (like 0.013431231) every time you bet, they will get a hint you are using an arbitrage method and lock your account for sure. Unless the sports books allow it, don't just hastely do it.

I agree, I've seen a service here on the forum before offering arbitrage betting. They have some sort of system where they tell you when to bet, where to bet and how much to bet. They mainly used powerbet.io. Then the problems arose. Powerbet.io blocked their accounts for arbitrage betting, not only the account of the service provider but as well as their customers. So you gotta be careful with this.
1472  Economy / Gambling / Re: https://1bitprofit.com on: March 23, 2017, 04:48:43 PM
It is a hide the operator site and FAQ is in Russian language!
Not only FAQ is Russian - their chat is the same, it is set by default to Russian language.
It is like the site is targeted for Russian audience, there is nothing inherently wrong with this.
Russian community can play on 1bitprofit.com and English speaking folks will chose bustabit.
But the fact that this site is like Russian cloned copy of bustabit is bothering me. I will always chose original.


Great, another russian scam site. I wonder why most scams are coming from russia? Most of the hyips I check are based off russian, why is that? This is looking to be another rip off site trying to make people use it and then when the time comes they will just close everything and run off with the money people put into the site.
1473  Economy / Gambling / Re: Divest & Withdraw? on: March 23, 2017, 04:44:54 PM
Recommended read : https://bitcoinmagazine.com/articles/beginners-guide-surviving-coin-split/

I hope this split does not happen. But in case it does, we have to make sure we don't lose anything.
Control your own private keys.




https://coin.dance/blocks

61% Bitcoin Core; 28% support Segwit
38% BU

For reliable node data: http://nodecounter.com/#all_nodes

Im looking at the pie char from the website and I'm seeing 81% support for core and only 10% for Bitcoin Unlimited. This is based from nodecounter.com. Oh btw, why is this thread discussing more about bitcoin news and not really about gambling? Why not move this to bitcoin discussion board?
1474  Economy / Gambling discussion / Re: What Is Your Worst Moment in Gambling? on: March 23, 2017, 04:37:07 PM
The worst moment in gambling i've done is when i already won bitcoin almost i made 1 bitcoin in busta bit and then i didn't withdraw it i tried to bet it all to make another 1 bitcoin but it bust at 0.00x i blame my self i just already made a good profit but im not contented that's why i lost it i've learned my mistake once you already have it don't make it lose.

Welcome to the club man! I also lost big amounts from gambling using a martingale method on sports books, gained about 2 bitcoins and in the end lost the winnings and my money too. That time, I was in the red and I lost money I should have not been gambling with. Well, lesson learned for me too.
1475  Economy / Gambling discussion / Re: What would you do with your winnings? on: March 23, 2017, 04:27:25 PM
A guy recently won the equivalent of $450,000 recently in soccer betting so it shows bets makes one rich. Know if i had this money i can buy about 5 tipper trucks for construction works its quite profitable in Ghana and with the earnings i am sure to buy a new tipper truck every year. ts a lucrative venture and with it i can even start the real estate business i have always wanted to do.

If you get lucky of course. Gambling with that kind of winning is totally like betting on lotto. The chances of you winning it will be less than a fraction of a percent. Getting it would be a miracle. If I had that kind of money, I'll totally invest it in an offline business, probably a taxi company would be nice.
1476  Economy / Scam Accusations / Re: --SCAM ALERT- Powerbet.io on: March 23, 2017, 04:12:23 PM
Maybe you should create a scam accusation in the proper board. This is not the proper place to put this. But it is also good to leave this one here and just open another on the scam accusation board. This thread could warn other players about the site, but you have to ultimately prove the facts of your case though.

Edit: Great! You moved it. Now, try to follow the how to write a proper scam accusation by reading the stickies. Smiley
1477  Bitcoin / Bitcoin Discussion / Re: Why Satoshi... ? on: March 23, 2017, 03:56:35 PM
Why Satoshi doesn't express his opinion about BU, segwit, hard forks and other crucial things like these?

I think it would be very important to hear his voice and to know what he thinks about it, because those crucial things could even lead to a Bitcoin implosion.

But if he doesn't express his opinion maybe he just don't care about Bitcoin anymore or maybe he's already dead, as many people believe...

Satoshi already said he didn't want his software forked:

A second version would be a massive development and maintenance hassle for me.  It's hard enough maintaining backward compatibility while upgrading the network without a second version locking things in.  If the second version screwed up, the user experience would reflect badly on both, although it would at least reinforce to users the importance of staying with the official version.  If someone was getting ready to fork a second version, I would have to air a lot of disclaimers about the risks of using a minority version.  This is a design where the majority version wins if there's any disagreement, and that can be pretty ugly for the minority version and I'd rather not go into it, and I don't have to as long as there's only one version.

I know, most developers don't like their software forked, but I have real technical reasons in this case.

The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.  Because of that, I wanted to design it to support every possible transaction type I could think of.  The problem was, each thing required special support code and data fields whether it was used or not, and only covered one special case at a time.  It would have been an explosion of special cases.  The solution was script, which generalizes the problem so transacting parties can describe their transaction as a predicate that the node network evaluates.  The nodes only need to understand the transaction to the extent of evaluating whether the sender's conditions are met.

The script is actually a predicate.  It's just an equation that evaluates to true or false.  Predicate is a long and unfamiliar word so I called it script.

The receiver of a payment does a template match on the script.  Currently, receivers only accept two templates: direct payment and bitcoin address.  Future versions can add templates for more transaction types and nodes running that version or higher will be able to receive them.  All versions of nodes in the network can verify and process any new transactions into blocks, even though they may not know how to read them.

The design supports a tremendous variety of possible transaction types that I designed years ago.  Escrow transactions, bonded contracts, third party arbitration, multi-party signature, etc.  If Bitcoin catches on in a big way, these are things we'll want to explore in the future, but they all had to be designed at the beginning to make sure they would be possible later.

I don't believe a second, compatible implementation of Bitcoin will ever be a good idea.  So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network.
  The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.

BU = menace to the network. So yeah there you have it.

This is your answer right here! Satoshi really did oppose this idea long before it was realized like how it is today. However, I really feel that maybe satoshi will have a different opinion now compared to what he had before when he posted all these. At the time he expressed his opinion it was a very different time back then compared to today. In those times bitcoin transactions didn't come as many as today and the size of the transactions weren't the same as well. Also, fees were quite different too.
1478  Economy / Digital goods / Re: [NEW] UNLIMITED .EDU METHOD [WORKING: FREE AMAZON Unidays, AWS, Adobe, More!] on: March 23, 2017, 03:47:17 PM
Hi Op,

Can you offer a vouch copy of this method? Will it also include a method on how to get AWS credits and other free stuff from edu email?

I promise to leave an honest vouch review if you do give me one. Thanks op!
1479  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: March 23, 2017, 03:33:18 PM
Dangerous type of stuff.
Bitcoins aren't that dangerous but dealing with other peoples money is something that you shouldn't want to do unless you have experience or you have the money to backup whatever it is that you'll lose.
Bitcoins were built so that nobody could runaway with the money when banks collapse, when someone talks about making a Bitcoin bank -they might just be planning on running away with the money once they have enough people on board.

Unless the bank is something legit in the real world. Like having it registered and declared who owns it. A bitcoin bank will still beneficial to everyone as this could give rise to people having more services that can be useful to every user. For example, if there would be a bitcoin bank that will have ATMs all over the place that we can use to withdraw our money in fiat, or something like that.
1480  Economy / Economics / Re: How can we make more money? on: March 23, 2017, 03:11:04 PM
Well I think to be a succeed in trading you should always be calm and don't let your emotions get in your way,
And remember what they say don't put all your egg's in just one basket.
And also trading takes time and effort so you should really study it and also the best way for me to learn is by experience.
Indeed, trading is a sensitive work and requires a lot of patience and researching, and if you don’t play it right and jump without knowledge you will just lose all your money, the trading market is full of marge players who are waiting for newbies to come in and throw their money away by trading aimlessly, so learn practice and put money on what you know best.

Trading is not for everybody, you really have to think about it before you even think about starting trading. If you are prepared to lose a few dollars at first then go for it. But if you need every penny of your money, try to study it first. But I would say that starting to trade and accept your first losses as a learning curve is a good way to go about it.
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