Bitcoin Forum
July 07, 2024, 03:11:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 [89] 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 ... 175 »
1761  Economy / Gambling discussion / Re: Dice game strategy? on: July 03, 2017, 05:09:31 AM
I've became interested in playing dice games with my BTC but every time I play I lose. Is there something that I'm doing wrong, or dice games are supposed to be like that? (sorry I'm new to this) Isn't there a guide or tutorial where I could get started playing these games? I don't know how this really works. Any help would be greatly appreciated. Thanks  Wink

So far, I like dicecoin.io  Cheesy

I've played dice games and tried different betting strategies like martingale and some variations. Martingale seems to work for a while but the more you play the more likely you will have a long sting of losses. And the bets are so small that it takes forever to make any profit then you have a big loss and lose all the profits. The bottom line is that there is no betting strategy that will increase your odds.

There's no such thing as a strategies when you play like this type of game in gambling it's still depend on how lucky you are. These offered strategies will somehow lure you just to stay and play the game but in the end you will still lose. Better try to play a different type of game which will give more chance for you to win like sports betting.

Sportsbetting is a good way to gamble - that is if you really know the team, players, and coaching staff of both teams you are betting against. In short, we should know the sports well so that we can make better and informed decisions.
1762  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: July 03, 2017, 05:07:17 AM
Gambling indicates either we loose or gains either ways there is risk involved but human nature will depend on the situation whether he win or loose. Here many people are saying that we are gambling for fun and profit but most of them are very serious about gambling in making money.

And that is the truth.
They just say at the start that it will be for trial only or maybe just to try their luck for that day.
But the truth is it could go deeper and they might be serious to win it.
That is how gambling could be. It is addicting at the expense of not stopping until you get the best win.

Of course, everyone will play gambling to win. But there is a difference in b/w fun gamblers and profit players. Fun players will not play more time, and they know when to stop there play. They will not lose hard work money. But those who play for profit they don't have this much patience they only concentrate on profit. If they do not make any profit they will play until there bankroll empty.

They always want to win because that's what everyone wants, don't you agree? For me personally, I don't like to gamble now because I have lost so much and I think I cannot get what I lost back anymore. It's not just money that is concerned, it's the mentally that you have if you continuously play. I suggest having strategies so you would know what you would do when a certain point comes in the games.
Yeah and if we lost there is no such fun thing. And if you really want to just have fun I would suggest that go to the arcade not in gambling because in gambling we can lose money immediately for no such reason. You just waste your golden time, effort and money.
That's a brilliant and smart idea you should go to arcade for fun, but when a gambler finds his comfort through betting games; I guess that arcade games will not satisfy his/her passion of fun. Even if he losses a lot of his money from playing bets for gambling, the fun is still a part after all failures that has been happening and also it's an additional happiness during the time of lucky winnings. So in a practical ways of understanding on our freedom of expressing thoughts, I can really say that you don't waste money if there is such; but if none that's a very serious matter that needs to be corrected.
But if we just want to have fun then we can consider going to an arcade than to gamble. But if you really wanted to gamble because you think arcade can never put the fun in you, you can gamble because some people loves to risk and gambling can only give the feeling that they wanted to felt.

Well, if you find it more fun playing on arcade than gambling, then play on arcade and have no problem. There are really people though that have more fun with gambling using money that they can afford to lose.
1763  Economy / Trading Discussion / Re: How do you manage ur emotions? on: July 03, 2017, 05:05:04 AM
Greetings!

While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
I always have a profit/ loss limitation, everytime my profit/ loss hit the limitation, I will sell immediately to cover my balance. By that way, I can make sure that my balance is still having enough money for trading.

That is a good advice to make a sell position immediately right after you buy some altcoins - this way, everything seems to happen automatically. It is more better to logout after doing that and just relogin few hours or  1 day after.
1764  Economy / Trading Discussion / Re: how to start trading with a very small amount on: July 03, 2017, 04:58:26 AM
Very small amount is under 0.01 BTC? I think when starting to trading, min need can earning good profit everyday is 0.01 BTC or minimum is 0.005 BTC (not recommend). After, you can learn some skill scapling and surf when altcoin have wave, remember don't try trade with altcoin have price >0.0005 BTC, under this price can help you easy to take profit and can x2 soon, find an altcoin have volume under 100 BTC/day important too, as LBC, PINK, GAME ...

Good point. Crisp, simple, direct, and make a lot of sense. We can easily double our money if we can timely purchase altcoins that are on its very low price and make an open sell right away 2 times that amount. You just let no emotions when doing these because stress cant be replaced with just .01 earnings though Smiley
1765  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: July 03, 2017, 04:55:12 AM
Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.

These "some people" are the bitcoin users themselves. Personally, if I can get paid with bitcoins, I would accept it wholeheartedly. Just the price increase of bitcoin is enough reason for us to use bitcoin and hold it. You're making money by just being in the game. You don't have to trade or anything, you simply have to hold.

I believe there is no misuse of something. If you buy a gun and you killed your own father using it, did you misuse the gun if the inventor of the gun made it for the purpose of hunting deers and pigs? People are going to use bitcoin for whichever way they want and we can never change that. If bitcoin is being accepted for drug activities, porn, and any other shady activities, I believe bitcoin is just doing its purpose. To be used as a currency anonymously.

Wow, total sense and I could not agree more with you mate. This is really a good view of using bitcoin and its implications. I am now accumulating bitcoin in the side of my main income source and all of the bitcoin accumulated is being saved for years.
1766  Economy / Trading Discussion / Re: Trading is unpredictable job. on: July 03, 2017, 04:52:12 AM
Trading is unpredictable, but one can predict to some extent if he has been observing the same for a longer time period. The close predicting ability increases based on the experience or years of active participation into the trading market of cryptocurrencies. Without that only fortune give users the Profiting.
I do not think that trading is unpredictable job. I think it is depending on your experience, If you have good skill in trading then you can predict about the price of bitcoin as other experience people do it. for example in preset time people are expecting that the price can go more high, although the segwet issue is on heed but still most of the predictor are convinced about that the price of bitcoin will more high, that he is claiming on his experience and for most the time their prediction proved as correct.

I have received an email last month that the potential price of bitcoin will go as far as $10,000 a piece in 10 years from now. That is hell of a money. I am actually just saving all of my signature campaign earnings for years and will not touch them - I initially plan to use it to pay for my car loan but I am able to secure other source for that though.
1767  Economy / Gambling discussion / Re: Why is gambling so addicting? on: July 03, 2017, 04:45:45 AM
I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc Sad

Why is it so addictive?
The number one reason is because of greediness. Of course as a gambler, you don't want to end the game when you lose. You always aim to quit gambling once you have won. However, if you didn't meet your expectation, addiiction could trigger which is not good as a player.
I agree, because once you start to play gambling and at the beginning you already aim for the prize but you lose the game, you will have a trigger to play again because you really want to win, sometimes that will be the start of losing money because we have no assurance in winning in gambling.

Yes its true that one cannot assure you that you will win a big prize. You may try a hundred times and gain a negative profit but some other lucky dude can just win the jackpot in their first bet. It all depends on luck and that luck is hard to foresee - in fact it is impossible to foresee. Hence one must not play EV- games too much where the odds are against them.

I agree with you mate that the game of luck is really hard to win most especially in gambling because the odds are really against you multiple times. If it involves lots of money, then it is not wise to do so but if you are only using a portion of your money that you can afford to lose then that is perfectly fine.
So, when we play gambling we need to limit ourselves T the beginning, we should know our limit so that if we already lose what we can afford, we already know if we needs to stop the game.

for the full time gambler the only thing can stop us from gambling is when we run out cash and we broke
so be a part time gambler so you can stop when you feel you need to stop lol

Part time gambler? LOL you guys are being so serious about it. Gambling should be a casual entity not something you do every day once a while with say 10bucks in hand and let it roll. It will be just another method to waste that money unless you are very rich and have a huge fortune to waste on.

One needs to control gambling and that control totally depends on that person themselves. If they consider even 1buck as too much to gamble with because they are poor, well that their decision.

Everything can be worthless if you wanted to control gambling but your attitude doesn't want to. That gambling passion can is like a cancer disease that is spreading out in your entire system particularly with your mental capability of handling every situation. Losses in a long run forces you to bet again for another good and bad gambling games and an addicted gambler doesn't care if he loss again or he win, all he wanted is just play and play until funds will be spent. Addiction can be into moderation if a player will be motivated with self control and have a responsible manners of managing funds and most important is time management of every activities he had.

Bottom line is, when we just play for fun and entertainment and not regularly, we are all good with gambling. The only problem with gambling starts when you are already chasing previous loses and those loses are money that you can't afford to lose and the chain of losing and addiction happens.
1768  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: July 03, 2017, 04:42:08 AM
Plus one of the fundamental ingredients of the state economics-taxation, depends on banks and the banking system. This alone would be more than enough of a reason for bitcoins to never be able to overtake banks without inherent value.

Correct. When the government and a country is still functioning well, there is no reason that bitcoin can replace banks because banks are already an institution and has been established with the government. When the country is in chaos, no order, and anarchy, maybe that is the time that bitcoin can overtake banks - but really, what is it for when that happens?
1769  Economy / Trading Discussion / Re: how to start trading with a very small amount on: July 03, 2017, 04:39:59 AM
Hmmm being a newbie in a little bit of what can be call a short-term bear market, is a bad idea, specially with no heavy capital. The reason for this is that, small amounts will give you small profits to you, but relative to them, they will be huge. for example, if you got in a pump with lets say, 10 dollars, you would double your money to 20. You would say, meh, 10 to 20 is nothing, but what about people that got it 10,000? then you doubled to 20,000. What about 100,000? So a double increase in value is always relative to the market, not to you. That's why you might not be please with doubling 20, but that already, was a big move in the market which others are enjoying by investing big capital initially.

Make real sense. I am not really have big bankroll at the moment and have been trading for awhile conservatively. And yes, you got a point maybe I need to start investing more because what I noticed is that I have more winning trades than losing one. Might as well invest big so I will gain more than my usual earnings.

Well there's nothing wrong truly upon putting some small money in trades since not all of us can afford to have some big capital and it matters on how we gonna deal with our capital there since even if we have small amount of money but still we can make it increase for more if our decision on which coin we are going to buy with is those coins who have potential to be good upon trading.

The good thing really with trading cryptocurrencies is that, when you are able to buy some coins and you are not selling it yet, you are not really and are not actually losing yet if the price go down. The moment you gain or less is the time you sell that coin.
1770  Economy / Economics / Re: Bitcoin or gold? on: July 03, 2017, 04:38:07 AM
It depends on what you need, gold is the best store of value that we have at the moment, bitcoin on the other hand is the better investment, if you are already happy with your wealth then buy gold, if you want to multiply your investment then the best option is bitcoin.

You are correct that there is really a potential of doubling our money with bitcoin and that is good advice to do if you really want to go for short and fast gain - but this not mean that there is no risk being involved here, we are not certain where the price of bitcoin will head to. That is why, we shall diversify our investment so that we have fall back in the event something bad will happen.
1771  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 03, 2017, 04:32:51 AM
What keeps me coming back is the never ending crazy chatters in the community. I have made friends there that are very good people even outside the cryptoworld. And of course the possibility to double my money or even more.

Casinos and trading platforms that have chatrooms are really doing a great job in making their cients stick like glue with chatrooms and just the ability of players to connect with fellow players. Sad that in poloniex, trollbox is no longer in place due to number of traders already on the site.
1772  Economy / Gambling discussion / Re: Trading vs Gambling on: July 03, 2017, 04:29:17 AM
I think trading is much better than gambling because if you invest your money to trade have a sure profit and BTC is the best to trade now because it cost of million.When you hold it and sell it on the right time.While in gambling you dont have the assurance to have a stable profit if just in a small time gambling.

Don't forget that in trading, there's no sure profit, if you are expecting to have sure profit then you should be working with a boss. But in trading, everything is at risk, no sureness that after buying bitcoin or altcoin it will bring you profit after a day or a week. But the risk in trading is a risk that is worth to take rather than gambling.

precisely, actual trading and gambling have in common, but these two things are very different when viewed from all angles. And to be able to get something out of profits in gambling and trading as well, the main thing we must have is self control and experience. The second thing is very dangerous, if we can't have it. Because only with both those things will show up a lot of ideas and creativity that can provide some strategies and benefits for ourselves.
 

They have similarity in terms of risk and possible chance of doubling your money. But they have a lot of differences but if you want to get real profit just better to stay away in gambling or you can gamble but don't do it too often and always have time to check the market for trading. This is a reality situation that is happening.

For me, trading is less riskier than gambling. BUT, there is a big but, you need to learn a good deal of trading skills in order to minimize risks. When you are skillful and no the trading game both fundamental, technical, pumping, and the like, you are good to go.
1773  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: July 03, 2017, 04:25:27 AM
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Your expectations are simply too high, if you are lucky  you could earn that in a day, but since the odds are not on your side the most likely outcome is that you lose more money than you earn, by generations gambling has seemed like a way to earn some money with ease, but the truth is, that earning money in gambling is one of the most difficult things to do.
yes that is right, in gambling luck is one of the most important factor. our winning and losing depend on our luck if we are  not lucky ever after a good experience we cannot make money, but if we have good luck then our lack of experience and skill in gambling on one can stop us from winning the best. so experience is not as much important in gambling as important is our luck.
It is definitely based on your approach and I believe those professional gamblers are more concern in developing their skills that just simply relying on their luck. Even me who's not a professional yet does not fully believe that only luck is what we need in order to win in gambling because if we will try our best and find a good strategy to win, we could have a win in a consistent manner but not for games which are based on luck.

With games that are purely based on luck, there is little to no strategy that we can use. However, we can do bankroll management and session management with games that are based on luck. But these are really hard to do that is why we just play for fun and entertainment.
1774  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: July 03, 2017, 04:23:02 AM
From my personal experience, gambling brings more losses and can not be viewed as a permanent source of income. Only a few can win, but not everyone can do something useful with this money.
Yes it's not a good source of income. Gambling for me is just for fun and entertainment because if you win perhaps you have a good luck but in the long run you will end up losing more money and once you lose a lot of money then it is going to wrong.

I believe one should keep gambling to a mode of entertainment and not a mode of earning. There are more losses associated with gambling where the odds are against you. One might think that they can keep up a green streak but honestly luck does not hold out for long and you never know when you run out of luck. It can only lead to a big loss if you are not careful and get addicted to it.
the problem are people always get lured into a gambling fantasy where some people get lucky to have a huge winning easily and forgot about how the risk they could lost a lot of money more than you have staked, that makes non sense right?

that is why mostly gambling are considered as a wrong action.

Gambling is not actually bad if it is done in moderation. But yes, I understand that most of the time, you get addicted to it and loses control over your want to gamble. I was once guilty of it. That is the reason that I finally decide to stop gambling reguarly and just focus on trading and do some sportsbetting sometimes.
1775  Economy / Gambling discussion / Re: How to quit Gambling for good? on: July 03, 2017, 04:15:06 AM
How does one Put down Gambling for good?

I think it depends on how addicted you are. If you're not very addicted, it does not matter that much.

But if you're truly addicted, you should seek help from professional therapists. It takes determination and perseverance to quit something you're addicted in. It also requires motivation. Imagine the amount of money you would save by not gambling.

Actually it is really hard even if you aren't addicted that much. I loved gambling (and still do) but there were time when i couldn't afford losing in gambling so i had to stop for a while, and it was really hard. I didn't get post gambking depression and i didn't lose everything,but i still thinked about gambling really often.

There are some different degrees of gambling addiction. There are some gamblers which can stop playing if they make real strenght without the help of any therapist, there are others who are addicted but at some point they find how fools they are for wasting too much money for nothing and they suddenly stop and there are the worse kind of gambler, those who never stops even with therapeutic help, they can stop for a while, but then they have a relapse and start gambling again.

The bottom line is gambling addiction is not that easy to quit, even when we want to stop on doing gambling, we just can't. They are not thinking about the money that they are losing in gambling, what matters to them is that they want to win in gambling that is why they are keep on trying everyday, still, most of them are ended up on nothing, ended up being broke because of this gambling addiction.

Addiction is really bad whether it is gambling, drug, alcohol, substance, and the like, you will tend to lose control of that habit especially if you get easily exposed from doing it at anytime you want it to. Best thing that we can do if we are already get hooked and addicted is to find some alternative thing to do momentarily so you will have a slow and smooth transition.
1776  Economy / Economics / Re: Bitcoin or gold? on: July 03, 2017, 04:12:45 AM
I would pick bitcoin, and I know that I am gambling over it. But I have high expectation that bitcoin will keep on growing. I have a vision that I will be richer thanks to bitcoin.
no doubt it will be a right choice bitcoin is much better than gold. Bitcoin has high market price and still it’s going more and more up but gold is not that secure in price and investment there will be 50% chance for profit but in bitcoin you will earn no doubt , the price increase every day . 
We can easily say that bitcoin is much better than gold because we see the great progress of bitcoin and lots of people are getting rich because of bitcoin. But in security of your investment i would go to gold because you have a physical thing to hold.

That is right, gold seems more secure compared to bitcoin. But we can not discount the fact that there is big money to make with bitcoins and for me, it is more wiser to invest to both bitcoin and gold. The latter is for long term while the former is for short term gains.
1777  Economy / Trading Discussion / Re: how to start trading with a very small amount on: July 03, 2017, 04:11:00 AM
Hmmm being a newbie in a little bit of what can be call a short-term bear market, is a bad idea, specially with no heavy capital. The reason for this is that, small amounts will give you small profits to you, but relative to them, they will be huge. for example, if you got in a pump with lets say, 10 dollars, you would double your money to 20. You would say, meh, 10 to 20 is nothing, but what about people that got it 10,000? then you doubled to 20,000. What about 100,000? So a double increase in value is always relative to the market, not to you. That's why you might not be please with doubling 20, but that already, was a big move in the market which others are enjoying by investing big capital initially.

Make real sense. I am not really have big bankroll at the moment and have been trading for awhile conservatively. And yes, you got a point maybe I need to start investing more because what I noticed is that I have more winning trades than losing one. Might as well invest big so I will gain more than my usual earnings.
1778  Economy / Trading Discussion / Re: I quit trading on: July 03, 2017, 04:08:35 AM
Grin U better than me...
Deposit 25 bit
Now 12 bit  Embarrassed
Can you say me the reason make you have a huge loss?  I also lost 80% of my fortune today and very sad with this loss, I know me not have more experience and trading as gambling is reason take me have big loss Cry

I'm not good in trading but I can say is experiences and skills are needed when you trade. Many things will happen when you're lacking these two. Many won't stop trading until their fortune are all gone but the damage has been done, you quitting when it's too late. So if you feel that things aren't going no where, stop before you lose all. Better divert your attention into something that you love to do. I know you'll be better there and trading is therefore not for you.

No matter how experienced and skillful you are with trading, there is really no guarantee that you are going to win all of the time in your trading. There will always be a winning and losing trades that you take. Now, the problem arises when you are not skillful and experienced enough, you are missing that edge towards winning more than losing.
1779  Economy / Trading Discussion / Re: How do you manage ur emotions? on: July 03, 2017, 04:06:22 AM
I manage my emotions by not looking at my portfolio every time the market is on blood bath. Instead of thinking about losing I divert my attention by reading news or trading books.
that is good, but some time even it become difficult to divert your attention from a serious matter and therefor it become difficult for us to have full control our emotions. although for most of the time i become succeeded to control my emotions but still some time my emotion become more stronger and i lose them, specially in gambling games when i start earning money there.
According to Games emotions are using as a greed. Suppose you are playing gambling games you are getting win by win.At that you are not picking idea and take control on emotion because at that time all the things are depended on heart and greed therefore you lost control all your emotions. So thats why that is happened.
in term of gambling it may be a good definition but in other term emotion can be use for different purposes, for example if you become emotional for your family for you children and for your dear ones then it doe not mean that you have any greed there. you have good feeling for them that cannot control  because the are increasing from time to time, these are special feeling for your love ones.

Emotion is part of us as human beings and there is really nothing wrong with it. It is just that, when it comes to gambling, when you are carried away by your emotions - whether it be negative or positive emotions, you will tend to lose because you are not being rational that in any given moment, you will be lose due to house edge advantage of the casino you are playing with.
1780  Economy / Trading Discussion / Re: how to start trading with a very small amount on: July 03, 2017, 12:37:49 AM
I also want to know how to trade but have little investment money to start with, everyday I am learning new things here in this forum.
You can learn many things by reading in this forum. You have a good idea and good way to make your self aware to the trading world. By reading many article probably you can be a good trader.

Well first you have to experience how to apply the things you learn about here. If you're trading with a small amount, you probably would have to go all in on a single alt coin for starters. Sometimes, this initial trade would pave the way to how you look at trading. This will boost your confidence if you make a successful trade or demoralize you if you lose your small capital.

Trading with small capital with cryptocurrency trading is a very good start to your full-time trading journey. This is the ideal thing to do compared to playing with a very big capital to start. Aside from this, you should also check some shark manipulations and capitalize from it at your gaining advantage.
Pages: « 1 ... 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 [89] 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 ... 175 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!