risk on its own can not be motivating enough to make people come back so i think in general the factor that you are looking for is not the risk, but the result of taking that risk which is so different.

it means gamblers come back and take a range of risks from small risks to huge risks because of the reward that kind of action brings to you. for example when you play a game with low odds of winning and you put down a decent amount of money you are in fact taking a very big risk but because of this odds you can have a big reward in case you win and that is why people are motivated to come back.

correct me if i am wrong but 1 confirmation is more than enough to make sure there is no double spend especially for small transactions like in a coffee shop.
because after your tx is included in a block (1 confirmation) in order to double spend it you have to have a lot of hash power to make that block orphan.

in my opinion that is a worthless article that is trying so hard to show that ethereum is a good coin and useful in real life. and mostly focuses on the hard fork as a good thing indirectly which really isn't

besides banks and a lot of other big financial groups have been working on their own blockchain based on bitcoin for a very long time, and it has nothing to do with eth and what it has brought to us.

both of these ways can both be good and bad, and you can make profit or even lose money with both of them.

so that is why i think you should try both with small amounts or on something like a dummy account and do some trial and error and see if you can make it work, and then choose the one that you feel like you are better at.

besides there is no reason to choose only one. you can do both as many investors do. they get in altcoin market when bitcoin is at stable stage with little fluctuation and they liquidate all their altcoins as soon as they see bitcoin moving (actually this is one of the reasons why altcoin prices go down when BTC price goes to the moon)

i have done this kind of betting in dice but only with the faucet payment. and with bets as small as 10-100 satoshi so i can have a couple of bets in before i run out of money and have to wait for the faucet to let me claim again.

and also i don't like extremely high payouts because the chance on those are so low (something line 0.001 or lower) so i usually choose a more reliable chance like 1%-0.1% so i have a somewhat better chance in winning.

yes absolutely.
there is no argument that gambling is all luck and sometimes in some games a little bit of skill and strategy.
but no matter what game you are playing or what strategy you are using, in gambling it will all come down to one thing: Luck.

because there are times that you think you have everything figured out and you may thing your strategy is awesome but then you get unlucky and lose all your money.
or the opposite way is also true, you think you can't get anywhere and you make a ridiculous bet like betting 0.01 on 999x and you suddenly win a lot of money because you got lucky.

all the users here can only speculate about your questions and give you some guesses at best which can even be so far off from the reality.

the only way of knowing this is either you have your own gambling site and analyze your site's stats or by asking a gambling site to give you some anonymous stats from their players over time so you can do some analysis of your own, but i don't think they will release this information if you don't have a good reason for it because it can be considered as an invasion of their user's privacy.

i haven't yet been successful to reach the 1 whole bitcoin mark and i have been trying to earn buy and invest but between spending bitcoin, gambling bitcoin and investing it in altcoins because i have it in my hot wallet i have not yet reached this goal yet.

your question is the way of asking the same question that has been getting asked for as long as bitcoin exists (2008-2009). everybody wants to know if it is possible to find a private key of another person and the answer to that is not in a million years.

i like all of them, and i don't just play one. each game is good on its own and i play them in different situations. but mainly i play 3 games the most: Dice, Poker and sports betting.

dice games are good when i am bored and alone so i want to play a quick game without much of a thinking.
poker is best when i have a friend with me and we want to play some card games.
and finally sports betting is a way to make some profit in my opinion because you can predict the games better than anything else.

well, gambling is risky and many of us (me included) need to learn this the hard way. but you can make profit if you cash out after a win and not get greedy.

but for growing bitcoin the best way that i like is investing in trading. you can do it with even smaller amounts than 0.01BTC and still learn things about trading and make profit, then invest more.

that is true but users need some place to spend their coins, and that place is nowhere to be found in many cases! for example you can't find anywhere (offline) to spend your bitcoin in my country and in other countries there are so few places that do accept bitcoin.

so i think it is better to say, we should start requesting businesses to add bitcoin payment. for example gamers requested valve to add bitcoin payment and they finally did after a long time. so i would expect the same thing in any other business out there.

i hope someday the government starts really accepting bitcoin as a legit currency and accepts is as it is. so far all i have seen from officials, they all talk about how great "blockchain" is and never even mention "bitcoin" they all want to use the technology and make their own thing and make it centralized!

care yo explain why you think in next five years rising to $6500 is not possible?

p.s. this actually reminds me of 6 years ago when people made topics exactly like this saying bitcoin will never rise to $10 and now look where we are!

actually i believe that if you want to get rich you have to manage your money more wisely and not just throw in bigger bets.

we all know that bigger bets means a bigger reward on your win but you also have to consider the fact that when you make a bigger bet and lose that bet, you have lost a bigger amount.

so that is why i said manage your money, make bets based on the amount you have put in your bankroll so that in case of a lose you can win it back with what you have left.

maybe you should stop using a faucet as a dice gambling site and instead start using a legit dice site with better options.
besides reading your comments realize you are not really using their faucet and you actually have invested your own coins so i wonder why did you do it in the first place?!

if you are only interested in investing and taking some money out as profit then there are many other options in real world that can do that for you, or if you don't want to go so far then just take a look at some altcoins, they can give a lot bigger return to your investment.

but bitcoin is so much more than just a return on your investment. there really are a lot of benefits in using bitcoin as a currency. and that is one of the biggest reasons that is contributing to bitcoin's growth.

you are ignoring the fact that bitcoin is not just an investment. it is understandable though, because it is mostly used as an investment when in fact bitcoin is also a currency.

actually one of the bitcoin's main purposes in the beginning was to work as a "p2p cash" so the stability in price is going to help that part of bitcoin a lot and make people and merchants want to use it more.

i suggest you read the "Cloudmining 101" topic to gain some in depth knowledge about how these cloudmining sites work and how you can spot them for what they really are.
here is the link: https://bitcointalk.org/index.php?topic=878387.0

you can ask about any new cloudmining site that is not in the list and others will help you find out more about them.

i honestly can not see what the fun is in that?!!

first of all those coins that you claim at yobit are absolutely worthless because they pay you 0.00000001 of those coins that are worth 0.00000001BTC themselves so you get a 1e-16 worth of bitcoin and make bets with that much.

second; you are gambling at a site that doesn't even have a provably fair system so you can never know if your dice rolls was really loss or did they make you lose.

third; they don't even have any other multiplier to change the chance of winning and make things interesting and worst of all there is no auto bet so you have to slowly click and wait to see if you have won or lost!