Bitcoin is a great loophole or alternative now for those who invested in other stocks before, since all the major stock prices are falling with like 5-10% percent.
Thats why the price of BTC is rising
I don't get it before, why this situation affected bitcoin price and now pumped to $732 which is good. Yeah, I've seen stock prices are falling during the election and value of US currency take a tumble, on the other hand bitcoin just rise again. |
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I am not really a gambler but I heard about people who can't quit it and keep losing lots of money. Do you think the attitude to gambling addiction should be the same as to drug addiction?
Should the government forbid gambling and treat somehow those who are addicted?
Or maybe it should be left up to an adult? I mean, should people decide on their own whether they need to gamble or not.
What do you think?
Gambling addicted could consider as a disease that corrupt your mind and ruin your life, but it difference with drug addiction that damage brain and harder to cured rather than gambling addiction which you could stop anytime with good intended. There are some of government that banned gambling but it could access through online on the other hand there are country that legalize gambling, so no matter where you live, it's your choice whether to try gambling or not but remember the consequence of being addicted, don't try it in the first place. |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I don't think so. In fact, I really think that teenagers or children can understand Bitcoin much better than older generation. They are born in digital age, with Internet and they are very open for the new technologies, ideas and projects. Also, they learn much faster than elderly people and I really don't think they will need much explanation about Bitcoin. As soon as they see benefits of Bitcoin, they will adapt it. I don't worry about this point at all. Agree, but it depend on their IQ and learning capability as we know in their age what matter is to play and not really thinking about money. I think explain all of bitcoin world to teenagers easier than telling children due to their maturity of thought and be ready to answer plenty of questions about bitcoin to them. I will start to explain about money, currencies and how bitcoin include into it. |
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Bitcoin in my country is legal for some product like electricity, phone bill but for other products is prohibited. However, many people use bitcoin for transaction that is not public because it is difficult to trace. In indonesia the legal currency is Rupiah. Using bitcoin for such products is not ilegal but for others I have never tried.
I guess it is not illegal in your country for anything but it is just not accepted for buying those stuff as there are not much places accepting bitcoin in asian countries though there are a lot in european countries. And i feel no country would ban bitcoin if they come to know about its potential and its use. Until now, I never find Government passed a law to made bitcoin illegal in their country. There are some regulations about using and tax for bitcoin user but in several country and bitcoin consider as legal thing. In my country states that bitcoin and other virtual currency are not currency or legal payment instrument but we can convert it into fiat money, right? I will still use bitcoin even if it made illegal by gov, but the main problem how to convert it if local exchanger had closed, maybe using another currency to convert my bitcoin. |
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There are different opinions about it. Some people think this is a dangerous scheme that can crash any moment and I'm just losing my time here, another people think it's a good and revolutionary way to do transactions and pay for services, products. At this moment I just want to proof to the first kind of people that BTCs is a legit currency and way to live.
Definitely, people has various opinions about bitcoin. Some people think it's not dependable and some think it's illegal. Others just disregard the idea about bitcoins and others are still being confused. But there are some who become interested about it and begin to do google searches about it's credibility and usefulness to daily living. Proofs of it's practicality could be a thing to promote bitcoin to many people. I am also facing different opinion from the people around me but when I start to explain to them in detail then they understand it but they find it hard to adopt it and use it for their uses but those people who spend more time on internet easily adopt this coin for their needs. Everyone has a different point of view and diverse responses, most people just think of bitcoin as common thing that exist in internet and you can't trust it which always fluctuate, but there are some of my friends that appreciate it as positive thing and could be a good way to be an additional income. |
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The main idea to gambling of course for profits even tough I do enjoy process that required knowledge, skills and luck, it's fun.
We can't avoid losses in gambling so just bet what I can afford to lose and set some amount just for gambling and when it gone, I quit.
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Always matter we are here to earn money if the price of bitcoin is increasing we are happy and specially for those who have more invest money in terms of bitcoin. Even those users who do not have investment and only earners of bitcoin the price are matters.
Well, two things are important in this case, the first number of bitcoin we have and the second is the price of existing bitcoin. people are always looking for bitcoin in very much, and then detained him, so that when prices go up they could sell bitcoin. well, so in this case the price of bitcoin be one of the factors for the development of bitcoin I agree, those two things that most important about getting profits from bitcoin. Specially for who had invested their money in bitcoin, it is a good movement in this year when you bought btc at $500s and recent price just reach $740 and still continue increasing. Price is the first thing that matter for us. |
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Btctalk Name : CyberKuro
Rank : Full Member
Current post count : 186
Btc address : 1HX9gz1aE8uqjuxpMTvxWvqk9ybyhH1Hvq
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You need money for that, except that security is one of the biggest problems. I don't think I'm smart enough for this, some better hacker would stole all I have, and what other people have.
This is not for everyone, people will lose more money in trying then profit from this business.
I will not try ever to run exchange site, or any site. Even if I do I will hire people to do things there.
Local bitcoin exchange business seems pretty good to do but some reasons we need to consider, the main considerations are the capital and security. I think this requires a lot of money and the ability to secure, promote, and gain the trust of the people. but for the beginning you can start from the scratch where some people already did it, without site and just using facebook. |
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I want to know why people always pushing sports betting as a type of gambling that can give the punters the best chance to win? I need your opinion on the subject and hope you guys can share your informative comments here.
I think there are some reasons why people said sports betting is better than other types of gambling: - enjoy to analyze ability of the teams/person in match - easier to learning how to be pro from beginner - it's so fun, interesting and exciting to watch the match and thrill of waiting the result - you can make bets that have a mathematical advantage, you need more accurate assessment of the probability - and not just depends pure on your luck, but your intelligence what matter. |
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I want to know which is the best option for gambling:- 1) Dice games 2) Blackjack 3) Roulette 4) Slots..... I have tried Dice games but I am not Satisfied with it. I want to know your opinions which is the best gambling option From the above list?  ? Personally, I like blackjack to choose when I'm gambling because the chance pretty high to win depend on your skill too, not only a little chance by your luck that required to play dice, roulette or slots. There are several gambling sites here that offer good blackjack tournament and several options about it that could makes you satisfied. |
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Have you seen this recent bitcoin price? after stuck for few days in $680-685, finally go through $690 even there is decline to coming. After all, I think it could be break $700 in the near future and maybe last for 1-7 days. Just hope there are no problem with some exchanger get hacked anymore.  |
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Now bitcoin amazingly rise up very fast and it is really good for us, Because last few months bitcoin price stable, and thank God bitcoin move on. Now it seem that in the end of October, may be bitcoin cross $700, if bitcoin continuously grow up. So it is a good chance to increase your profit. I was thinking that few months ago, some members predict that in the end of this years bitcoin would be reached at $700 to $800, So i think they are right.
There's still November and December. If it continue to increase the value, we might reach 900$ to 1000$ range. Anyway, it's too early to celebrate. Even if we don't reach our goal in the price of bitcoin this year, there's still some other time when bitcoin will have a major pump. Nothing to do but wait for it. I think 1k value for this year is impossible to reach. I feel that the price will touch in 700 value this coming month's and thinking also to see the price will touch in 800 value.. this is more possible to happen than 900 value above. But if we are lucky to hit that price i think only for those who are holding for a long time because if the price will touch in 700 value soon i will sell my bitcoins.. I don't know for sure why the price could rise up so fast in few days, one day I saw it $650 and then next day turn into $670-680. The increasing price makes us very excited and want to sell coin if it reaches a certain point and avoid losses due to price declines. I will hold my coins until the time I need it, even for years. I considered it as my savings and long term investment, because if I convert it into cash right now, who knows when the money will run out in my hands. |
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Yes, its definitely profitable. Bitcoin price has once again started to raise and it is soon expected to cross $700. Investing in Bitcoin is secure as it works in block chain system.Its much profitable when compared to investment in gold
Yeah, investing in bitcoin now and expecting for $700 in this year or in 2017 probably right. Recently day bitcoin price around 680-685 and if you planned to convert your savings and then it will worth about $15 each if it reach $700, not bad at all. |
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Well some people will always spend money, if a big proportion of people don't use it, its price will increase until it reaches an equilibrium point.
The price then will increase and that is when the people are going to sell there Bitcoin because then they can make the most money. People need to spend there Bitcoin so that is goes around and keep thins running. I agree, if somehow no one spend bitcoin for a while I think the price will increase instead of go down, because the demands of bitcoin are highly increase in the market. High demands and few supply will pumps the value of bitcoin for sure, simply economy rules. |
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I think it depends on which country you stay and what the most needed things or services there. I don't think open gambling site is a good idea though, exchange to fiat money is better than that if just a few in your place. Next, we talk about how much capital you have that maybe you can start a merchant about selling anything you can/want to that people needed, electronic and gadgets has good potential and accepted bitcoin payment of course. |
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One of the major reason is due to the house edge your chances become lesser. Better to stop the dice game and see if any sports interest you so that you can win easily if you think you have the right skills in sports.
Exactly don't expect profit in Dice game. This game is just made for time pass, this not required any skill to play this game. You just roll and wait if you have luck you will win. So you really want to make money gambling means try in skill games like Poker or sports betting. Here your strategies will work and the winning chances also high to compare Dice game. I have accepted the reality already, I have made profit in dice but that was only once and I know that winning in dice is not easy but when you are lucky you can also win some, but the problem is it is just a temporary thing. We will be beaten by the house edge in the long run. Dice is a kind of game that depend on luck and chance, you must be luck if win it. There is an algorithm which arrange it and guarantee victory for the house, it had been the way it is and always be for sure. If you win at dice game, take it and left, don't expect for another winnings because in the long term you will lose it. |
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The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow? State why you prefer your option.  I prefer my money in bitcoin for now as we know the price keep rise since last month. However, we need both of it cash and bitcoin, we can't just spend in bitcoin because not many choices to do so regarding none of stores accept it except a few online stores. I like it in bitcoin, consider it as long term investment and savings. You could be an extravagant if all of your money in cash instead some of them as investment or savings. |
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Type 1, "I cant wait for the price of Bitcoin to rise so I can buy a new Lamborghini with my Bitcoin."
Type 2, "I cant wait for the price of Bitcoin to rise so I can sell my bitcoin and buy a new Lamborghini."
(Just want to clarify that the car isn't important in these two statements, but rather the Spend VS Sell)
I don't have a lot of choices to spend my bitcoin regarding to a few of online stores accepted bitcoin and none in real world accept it for now. I prefer to wait for the price of bitcoin to rise so I can sell my bitcoin and spend it as fiat money. |
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No. But it can become the world's history. If something good will happen that every people will know about it and somehow use it then it can create a worldwide mark. But we dont know if that can happen.
yeah I agree with you that might someday bitcoin will die and may be replaced by a currency or other crypto but maybe cryptocurrency may also be dead, no one will know the reason, but I'm sure bitcoin will not last forever dude. everything has its time, and if those days are finished of course, it will die I am not agree with you, just think by your logic, People interested with altcoin becouse they was know about bitcoin first. also they still thrust to altcoin becouse they know that there is the first of crypto currency is still life and usefull. just think if bitcoin is die, people who know this news will begin to not thrust with any cryptocurrency. Don't you Understant that bitcoin is like father of all of altcoin. I realy Sure that bitcoin is not just being a history but it will uses forever. becouse we are always keep moving forward and bitcoin is the future. Yeah, bitcoin is like foundation of cryptocurrencies world which has good development since it has been made by Mr. Satoshi. We don't really know about it's future for sure, but I think it could last fo a long time and compete with anothers altcoin. |
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