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1701  Bitcoin / Bitcoin Discussion / Re: If omitted bitcoin? on: February 12, 2017, 01:18:57 PM
Eliminate Bitcoin, I think this is a not an easy task, even very difficult. Bitcoin is a product of modern technology, blockchain, it is a kind of digital electronic money, no need to go through an intermediary financial institution, no one managed or controlled. Bitcoin decentralized nature, it has a different activity than the typical currency without a central bank to manage and it is only based on the network of Internet. To completely remove Bitcoin really need a lot of resources and I believe that this is impossible. Bitcoin may be banned in some countries, its price may be unstable, but Bitcoin can not be removed completely, I believe it.
Probably one person may stay away from using bitcoins but that also now a days will not be possible as he might get attracted toward bitcoin is he is working online. Maybe for the people who are not having internet connection, I guess it would be possible to omit bitcoins.
But literally it will not be omitting as they are living in different world as in most of the country a life without internet maybe similar to living in a den.
1702  Bitcoin / Bitcoin Discussion / Re: Can we have a bitcoin day? on: February 12, 2017, 08:34:19 AM
yes I also like a bitcoin day in the whole year but as we do not know that who is satoshi so I think this community have to decide that which day is the best day for to be the bitcoin day.
Yeah and the day can be as little as in forum that day each member gets a surprise gift like getting a bitcoin band, buttons stickers, etc.

And while it can be as big as Valentine's day where each of us gives some bitcoins to our loved ones or something like that.
Not sure about the exact way but I am really curious for this to happen.
1703  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: February 11, 2017, 09:26:11 PM
Well that it what makes 95% of the casinos and gambling sites to be super rich and always stay in profit no matter how high a person wins his bet.
There would be no surprises when there are lot of people here sharing their tailor made reasons why they are simply continuing their gambling even they are losing all the times. Then how we cannot expect the gambling sides will not become richer. Gamblers find some reasons to stick within gambling and gambling sites make use of it.
1704  Economy / Gambling discussion / Re: New casino vs old and trusted one on: February 11, 2017, 06:54:55 PM
We know many quite old and trusted casinos like Primedice, Safedice, Crypto-games etc. And yet I see there are many new casinos appearing like Bonanza or BtcDragon. Do new ones have a chance of becoming popular nowadays? And what can bring populatiry to a new casino? I think new casinos attract investors, because there is a low bankroll there which strengthens such casinos. What else can help? Do you think a signature campaign makes big difference, for example?
I love always experiencing new look and feel. But I never add more bankroll with new gambling sites until they prove themselves on this forum and shows their dedications through customer support. Usually new gambling sites are giving away good amount of faucets which is good for automated dicing and testing my strategies.

Overall I prefer playing both new and old sites, still I trust only old and established sites.
1705  Economy / Gambling discussion / Re: Strategy and Lost in GAMBLE on: February 11, 2017, 02:17:17 PM
My Strategy is to never change the bet size  whatever may be the result of it. I will change only if I have doubled my money or if I have lost half of my money.  If I doubled my money, I'd increase my bet size by50% of the current one and if I have lost 50% of my bankroll the I reduce my betsize by 50%. Works really well for me.

I think this is the safe play to good to implement in gambling strategy, if you considering your money in your balance.

But it's not applicable in such games like dice, the safe way to play in that game is to put the win chance not less than 60 I think.
Bro he is saying that he reduces his bet size by 50% and I think you misunderstood by thinking that he bets on 50% .. while both are way different. Anyways yeah I have seen a few times that people betting on 60-66% win chance in general get initial profits for sure.

My own strategy is bogus actually, in this I keep betting on any odds and small amounts and as soon as I get like 3-4 losses I make a big bet and if loose I reset and same for win.
1706  Economy / Speculation / Re: How I Learned to Stop Worrying and Love FUD on: February 11, 2017, 10:02:38 AM
Each time there is a FUD around here and generally whenever it is time for dips it is the best opportunity that anyone can hope for.
you are either a long term hodler who can buy in these dips and enjoy the continuous upward movement (the green arrow) or you can be a short term trader who sells on top and buys back in the dips with even more money at hand having accumulated more bitcoin in the end.



Well it never hurts to take profits when btc pops, and yes, you can always buy back, and pocket the difference.

I think BTC will trade in a range for a while.
This buy back idea had trapped me once and after that I was never ready to react for any FUD nor any negative news. I will just hold and watch the prices (only for some needs I sell bitcoins and I have never sold for trading). There will be no guarantee that bitcoin will get struck below $1200 nor above $700. But being a long term holder I am not worrying any of these.
1707  Economy / Speculation / Re: Charts: How an ETF Approval Could Impact Bitcoin's Price on: February 11, 2017, 09:13:25 AM
the amount it is predicting price will rise because of possible ETF approval is too small in my opinion. at this point the approval can potentially be one of those big good news that creates a huge hype and then leads to a  rally.
It maybe completely dependent on how much investments etf is going to attract. But those figures will be possible only after the approval of etf. But usually market will react based on the potential of one news/event. Hence etf may bring unlimited investments into bitcoins so I guess we cannot speculate the future prices that much accurate.
1708  Economy / Speculation / Re: Bitcoin will surge to $25,000 on: February 11, 2017, 08:01:01 AM
I remember I have read similar articles back in late 2013 when bitcoin prices were testing $1000 levels for the very first time.

I am a believer of bitcoin prices and always speculating about million dollar prices for bitcoins, hence no surprises for me on seeing this article still thank you for sharing the link for another supportive article for my speculations.
1709  Bitcoin / Bitcoin Discussion / Re: Love Fast BTC today! on: February 11, 2017, 07:16:27 AM
Maybe you paid the right price for the transaction to be done faster or you didn't have a choice. Try to make it lower and you will feel the slowness of sending it again. There is no proof yet that the transactions are getting faster but I do hope it will also. It gets frustating sometimes even with slow amounts.
Beyond the right fee (as we still need 40k satoshi as low priority fee still 2 days back we needed 100k), the unconfirmed total transactions got reduced from mammoth 60k transactions to under 10k as of now.

When low number of bitcoins remain unconfirmed, the reasonable right  (low priority) fee included transactions will get fast confirmations and it is happening right now.
1710  Bitcoin / Bitcoin Discussion / Re: actual number of people using Bitcoin? on: February 10, 2017, 08:07:01 PM
Actually there is no correct answer of your question. And its almost impossible to find the correct number of bitcoin user. But from different researches on Internet I think the will be not less than few hundreds. This is my personal thought. The number is increasing day by day.
I think you have to search about it a few hundred as it is a very low in numbers. I think there are huge amount of people who are using it right now and users are keep on increasing. So it would be really impossible to figure out the actual count when it will keep ticking. Only we may assume for some approximate totals.
1711  Bitcoin / Bitcoin Discussion / Re: Can we have a bitcoin day? on: February 10, 2017, 06:58:45 PM
That can happen on the near future if bitcoin continues to gain support. Even we say their is a lot of people using bitcoin it still not enough for any government of even UN to declare a bitcoin day. For the mean time and a good start is a group of user declare a day for a bitcoin then make a hash tag for it to spread to the world.
I think the main power is the people's power and the way more and more people are coming toward it soon it will became an universal currency as now it is the most used currency of internet.
I think in few years people will be declaring themselves a bitcoin day and going to celebrate and observe every year. Anything will be possible when people unit.
1712  Economy / Gambling discussion / Re: Gambling and Supertition on: February 10, 2017, 04:30:58 PM
I am not a religious or a superstitious person and i do not bother all these things,so i do not care about all these things and i have not being to a real life casino and even if you are really into superstition that doesn't change your luck and if you are meant to bust you will be busting no matter how careful you are. Tongue
But what's the problem in being a little superstitious and believing more in ourselves than just siting ideally and making bets knowing that I will loose, I will loose and actually end up loosing. Its better to believe something that to become dejected and giving up.

We all know we are gonna die some day yet we trust God, why ? Because these superstitious things give us hope and required attitude to live.
1713  Economy / Gambling discussion / Re: Do small investments make sense? on: February 09, 2017, 06:51:05 PM
The big fat price is usually that one when you invest a small amount but get incredibly lucky, I have seen people win jackpots after spending like 5 dollars and I have seen people lose 4 figures in gambling and they get nothing back. luck is everything in this life, we must be lucky or we will suffer, and the only way to get lucky is to try.

Yes, luck is that matter most in gambling than the amount invested. Higher investment of bitcoin amount is good in trading that can yield you better profits, but there is no grantee with gambling. Higher amounts invested in gambling give you no grantee that you will win big.
Gambling and investment as casinos bankroll are two different ways to make profits, and I don't think OP talking about gambling as he mentioned invest bitcoin on casino. When you depends on Luck to win the battlefield, the house always get advantage in the end and share profit to their investors which doesn't make sense if you get small portion from small amount of investment.
Yeah and I am curious if any such sites that offer multi player gambling options take investments because in rare cases user might win against house but when the battle is going between two players and the house is untouched plus gets a profit on each game then its totally safe to invest.

But that been said I personally don't know any such site. And investing in new sites is rather more risky than gambling.
1714  Economy / Gambling discussion / Re: Dice game strategy? on: February 09, 2017, 05:42:13 PM
Maybe good strategy would be to make your own dice site and profit from greedy gamblers like this guys.Just Kidding aside. This is a very good concept as the house always wins. I might be trying this someday even if you make a dice site depending on how big your bankroll is it might be something that makes you broke.
That is a totally different story and scenario and mate take my advice seriously, making a gambling site is not easy as it looks you will need to hire these at least : a lawyer, a coder who can make sure there are no bugs and security issues and then a team who can always check and maintain site.

Things look easy when others do it, when we do it own it is nearly impossible.
1715  Economy / Gambling discussion / Re: If today was your last day, would you gamble everything? on: February 08, 2017, 10:53:05 AM
So, I heard the song from Nickelback titled "if today was your last day?"

I thought if today was my last day, would I gamble everything since I wouldn't have any use for this money when I die.

My answer was no at the time. Because I was thinking about my family, especially my kid. What would he eat tomorrow, if I lose everything? Then again, what if I win from just one yolo bet? Like bet every penny I have in one bet. What if I win that and give my kid twice what I could give.

What do you guys think?
If I Know that Today is My Last Day then I will Prefer to spent that time with my family and my friends that give the money I retained for future to my Family so that they can enjoy their life in future and it will help them to secure their future........
But I will not do gambling that day because gambling is not a way of making money its just a game based on your luck and probability....
Yes, why would you waste your time putting your money that you may or may not win that you won’t be able to spend it on anything, unless you use it for your funeral, you are better off spending your time with friends and family and loved ones, I would give all my money to charity so that they make a memorial for me.
1716  Economy / Gambling discussion / Re: How to control emotion when you are on crucial part of gambling? on: February 08, 2017, 10:11:33 AM
Hello, i have some problem when i play dice game and i'm on betting higher amount to cover my losses, this is always the part where i'm always feel excited and nervous whenever i click roll. My heart is always beating fast and always resulting to out of control to my betting. I just want to know on how you manage on betting without feeling nervous.
Basically this does not happen when you have a goal in mind and once reached you have enough firm mind to stop gambling right away.

Yes, I also feel very nervous when I have made like 10 times what I deposited initially because then I have the positive energy around me since winning 10 times but the fear of loosing all the money I made is 100 times bigger than that and often force make to make some unwanted bets.
1717  Economy / Trading Discussion / Re: Is it still worth it to trade? on: February 08, 2017, 08:23:03 AM
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
There are still someone who can manage to get profit in every short term of period in trading yes some of them are too greedy on wealth but sometimes they loosing coins too not everyone winning on trading trading is still profitable where you can make profit in short term but you need to analyze things before involve into this one you need to spend time to time in trading and you need a group to know what coins will be going up or down.
Yes, people who are experienced still can make profit out of trading, and they do make a lot because some of them invest a lot, but as for the new users it is hard to say that it is profitable even if they do earn sometimes they lose it because they don’t have the experience and more importantly ignoring to learn like many others.
1718  Economy / Trading Discussion / Re: How do you manage ur emotions? on: February 08, 2017, 07:22:42 AM
very difficult, the most difficult job of the world.
Just like gambling, trading is a hard job emotionally that is, because it involves a lot of risks and a lot of patience, and also a lot of money, because with trading for example you don’t expect to win every time, you are going have to lose, so as said above make sure to trade with a small amount that you are willing to give don’t be greedy.
1719  Economy / Trading Discussion / Re: How do I grow my btc? on: February 08, 2017, 06:37:24 AM
i will recommend trading  which is a little bit safe way of making bitcoin.
Trading is not a safe way to grow bitcoin, it is like any other way of earning bitcoin has its own risks and require you some experience to start, the best way for me to grow bitcoin is just to save them until the price gets higher and then sell it and rebuy it when the price drops down, that way you can ensure a safe way to double your bitcoin.
1720  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: February 07, 2017, 10:08:27 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
I think there are some people who are living in trading but trading is not easy to do its risky one if you are planning to start living in trading you should start in small amount and study how the movement of the bitcoin and altcoins you should monitor its movement and test = learn = achieving this cycle can be happen until you be success in trading..  this is not the same risk in gambling if you are wise in buying altcoin you have a low risk if the price will not increase you can be still sell them or if the price is gradually increase you can be still sell it.  unlike in gambling if you bet and lose you can not recover your few loses..
Agreed, trading is the kind of work that requires guts and patience and also money, it has risks but if you are a good experienced trader you won’t have a problem and you know when to trade, so the best thing as a new trader is to trade with low amount and develop your own strategy and make research before going in.
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