I totally agree, as time goes on the whole world is going toward becoming more and more digital, I mean look at us now we are using virtual reality and using digital money to buy food on the internet, and I think that in the future bitcoin is going to become the main used currency because everything will become digital, and the paper money with disappear.

This is the point, I believe into that the paper money will not find its survival against bitcoin ecosystem. Definitely in future people will choose a decentralized system over the centralized one.

You have a job and you are going to leave it and you think you won't have a moment when you might need bitcoins/money desperately ?

This sentence does seems to like contradict itself. I have been earning very huge since a long time mate thanks to bitcoins and my job but there are times when i become so desperate for money like last week I was driving back to my house and someone just messaged me like 100 messages in like 2 mins not wrongly since I owe him ( he worked for me ) and that moment I felt like my god please give me access to my wallet or get me some bitcoins.

What makes me a fan of bitcoin gambling is the classic dice game because its very very easy and because it can be verified I am sure that I am not cheated though I never verified my bets but since all do so I am also safe.

With bet365 you play hi-low game and you may win/loss and always in dilemma if they cheated since its not provably fair and hence we have to TRUST the bookmaker which is not in the case with bitcoins gambling, everything can be verified.

I agree, many people say that if we stop spending bitcoin the price will eventually go up and they can make profit saving bitcoin for a really long time, but everyone does that the bitcoin will die, the demand is going to go up and so is the price and people will get greedy and wait a bit more until no one becomes interested in it.

In some sense, pausing entire bitcoin system will not give any benefits to bitcoin community as well as for system itself. So, not spending also might be giving same results in long run.

Don’t try this, I know that this method used to work a long time ago but not anymore, many casinos have discovered this and they have implemented a system that counters it, I have tried multiple time and in multiple online casinos and each time you lose and double that they make you lose on purpose, if this was a thing all casinos would be losing and we all would be rich.

Yes, it is happening with both automated dicing and manual dicing. I just wonder how one gambling site is coded to detect whether we are playing for shorter time or longer time. Anyway martingale never worked for me too.

I believe experience is the key thing to do such thing like trading and gambling but trading is much more suitable and easy for me instead of gambling.

I can invest a huge amount at trading but I never takes such risk in gambling. if you are a newbie or bitcoin is new for you than don’t just in willing to earn take such risk start with a small amount and spent some time there first.

Yes, with the current status of the price it is really hard to make any profit with trading, as bitcoin prices are continuously rising, I guess the holders are making more money than traders who are looking for fluctuations for making  use swing trading techniques.

I am not having any secondary thoughts about continuation of rally of bitcoin prices. Because if this time ETF will not get approved, sooner or later some other people will bring it into reality for sure. So only fluctuations will happen around 11th march but bitcoin prices surely will keep increasing.

These happens every moment mate as you can see the preev prices and refresh the page every moment and you will see change in price every moment even though if it is a little bit.

What I mean to say is that you can open buy/sell trades at a lower/higher price respectively and make slight but regular profits, but yeah I sort of agree with you because sometimes the change in price happens bidirectionally (in beginning days, if you are not still clear, it would be better testing this strategy in papers. After that you can try in actual market.).

Not only that, but you forgot the fact that bitcoin is not controlled by the government that means that the price won’t change how they want it to be and the price is pretty unstable, so making people paying taxes with bitcoin which is the government’s way of making money is ting the whole economy of the country by a thin thread to the bitcoin’s future.

Taxes and bitcoins are completely two different systems. Still, providing people to give more options to pay taxes including bitcoin payment system would be a great idea imho.

In any business risk is everything you have to take risk if you have to succeed and willing to do something bigger in life so, if we say about bitcoin the price is good know and it will increase further so, wait for the right time and until then  earn them as much as you can  and I think its price keeps on increasing and will gave you a cake at the end of this year.

Everybody is eyeing on bitcoin ETF. I am also very much sure it will get approved and then we are going to see bitcoin prices testing $2000 price levels. It is going to be just a start for 2017, and within this year we are going to see five digit price levels for bitcoins.

But I do not see any big influences of these skill for profit making with gambling as beyond these only luck will decide our results.

When luck is the prime deciding factor, I believe there would be no big differences between winner and losers of gambling. Because we are relying on hidden factor for a good result and hence it will not impact on personalities nor habits. I feel time to time winner and losers will come and go.

When a winner turns a loser and loser turns winner, how we can expect different characteristics from them ?

I look for player vs player gambling site with huge number of user base. When we are having more gamblers around then there would be more chances to make money in player vs player environment. I believe player vs player games will come obvious fair system hence it would be beneficial for gamblers and not just for gambling houses.

Because gamblers want instant result. That is the reason we do not have many player vs player games and gambling sites. But I believe when we are having more gamblers we can get relatively quick results.

It will not be a big thing when you are coming across a mistake for the first time but it will become me a very big issues when you are keep on repeating same mistake. When you are capable of learning out of your mistakes, you will never repeat the same mistake as well you will avoid similar kind of situations too.

Most of the mistakes will be leading to financial losses and very rarely some mistakes end up in loss of time or energy. But when you are considering time is money then it is again a finaicial loss only.

Yes when bitcoin is recommended for future, it automatically becomes as a collectible thing. A collectible not necessarily in physical format, yes it can be in digital format too. Why are showing interest for some collectible, if we hold them we can have some prestigious status or in future we can sell it for huge prices.

I do see all the characteristics of collectibles fit for bitcoins. Who knows, owning one full bitcoin may become an impossible task in 2025 (like it would cost some millions). Saving bitcoins now itself as collectible would get us some good status too.

This might be due to we are having same name for unit and for the system. Bitcoin is the only name for the unit we are transacting and the whole system we are into.

I agree there are a lot of earning opportunities coming only due to the introduction of bitcoin ecosystem and before bitcoins, we are not finding these many opportunities with fiats. Cloud mining/faucets/signature campaign are few example for it.

No fiats nor gold is is giving good ROI and bitcoin staying as the leader in the investment industry. This must be the biggest reason, people are preferring bitcoin over fiat. I guess this will continue for centuries because bitcoin prices are speculated to grow rapidly due to its potentials.

Moreover one reference resource will not capable of all the types of scamming attempts nor newly turned / newly launched scams are really hard to be referenced. Only by having self knowledge people will get chances to find out and avoid scams. So, there would be no general guidelines could be possible for finding out a scam.

But, being individual we can have some definitions to identify scams. Like many people mentioned here, anything out of normal in terms of money generation or in simple words just equivalent to fake promises must be subject to consider as scam.

This idea will not work for all the altcoins. Actually many traders think the under valued coins will get their appreciations when bitcoin finds huge value like some penny stocks work. But I have not seen any of them bouncing back.

Starting trading with low capital this types of under value altcoins are not at all recommended. They are highly vulnerable to get delisted from the exchanges at any time. We can start trading with bitcoin comfortably with low capital itself but we need to be ready to accept low profits. That is the key here. If you aim for big profits then you might need big capital which is not recommended in the beginning days of trading.

I disagree that due to only popularity bitcoin is more suitable as compared to PayPal. In one way PayPal may be more secure and it follow some terms and conditions and has limited people to transfer and gamble money here and there, which may be good in some sense.

But on the other hand, bitcoin is not limiting you and the people who are earning good using bit coin have no issues while getting their money out. So, I prefer using bit coin instead of PayPal for people who don’t want any restrictions on their money and for people who wants some security can use PayPal.

Well in my opinion you only lose if you do not have a big target. People invest a small percentage of their amount just to see if their gamble works or not and luckily at that time it works. They find that this is there chance to play big and invest everything and lose at the end.

Trading or gambling with your bit coins is not piece of cake. You should have a good mind set with patients to be profitable here.

Not really because there is a easy way known as trading with the odds providers like when team A is favorite you bet on team B while when the opposite happens you back team A and hence giving no loss.

It is known as arbitrage betting and though it has little risks usually it gives you profit in long term and this is only possible with sports betting since that is one type of gambling that changes odds while the event goes on, in dice that cannot happen obviously.