In sports betting you need to have deep knowledge regarding sports in which you are going to put your money. And as sports can have lots of unpredictable results, even sport experts can't predict result exactly most of the time.
However in sports betting your result depend upon the team in which you are betting on rather than solely in luck like in gambling.
If you can't stop yourself and keep playing with bigger size when you won, you will end up losing all what you have made really fast.
By summarized, if you are capable of consistently making profits out of sports betting then you may assume your gambling as a high risk investment. Because, to consider anything as the investment we must look at the possible returns. If gambling in sports betting gives you consistent returns then there will be no harm in considering it as your high risk investments. |
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As per my understanding, a cashless society will finally find bitcoin more useful. Because for me, currently bitcoin is the best to payment processor compared to any e-currency systems, similarly after using any government suggested payment systems people will land on bitcoin adoption.
Moreover cashless society will not be possible for any country until achieving hundred percent awareness and importance of fighting against black economy and corruptions.
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Only reason to use a 'Bitcoin Bank' is for the security of your funds, there will always be people who need or want this.
I actually think the risk of losing your bitcoin will be even greater when you save your bitcoin into bitcoin bank. because they are a third party of course they could be scam anytime, it's better to use the wallet Well it isnt necessary a scam, bitcoin banks are more secured than sites hosting web wallets. Bitcoin banks also operates like the online web wallets but the difference is bitcoin banks when hacking occurs will refund our bitcoins. Web wallet hosts when they are hacked, they will just declare that they are hacked but not will not refund your lost coins. Bitcoin banks is much better than fiat virtual currency banks. With bitcoin banks bitcoin is still decentralized, the banks are just a storage of bitcoins, they will also earn from interest coming from loans. But even though bitcoin is deposited in the banks, the banks still has no control over bitcoin in general. You can save bitcoin in your wallet for safe keeping, but it is not good to just save it, think about it when you have spare money in the bank what is the best thing to do to make it grow, invest it, so in my opinion I think that you should never think of storing bitcoin in banks even if they do accept it because it kills its value. Still I agree for the services like bitcoin debit card, we need a third party services yet it never needs to be our traditional central banks. |
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regardless of whether they could make a profit or not use gambling, but bitcoin can be used for anything, including things that are illegal, and that makes bitcoin specials and have high demand
i agree with your statement regarding with illegal activity since there's a lots of people around the world who intend to hide their illegal transaction bitcoin is helping them and they also helping bitcoin to hype its value so their are chain reaction in every aspect and i love enjoying the hype that's why i also did some bitcoin investment and keep it then wait for a good selling value. Currently people are using bitcoin as an optional currency, as some people use it for gambling only, while other use it for trading alt coins, some people use it for price increase (as investment). But we are hopeful that in future bitcoin will be use as fiat currency for buying and shopping even in our local shops like supporting ourselves for day today life. What else reasons we need to buy bitcoins now ? |
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Yes its possible but keep in mind to do it on a secure way and you can trust the person you are paying for the bitcoins is 100% trusted.
You should do it at a person who already did some sort of trading with this because that its more trust worthy.
Also look at the reviews from someone, look at the forums, search for him/her to gain more info about him, make sure to do it on this forum!
Yes while the other party actually needs to trust the sender of paypal but yeah I have seen cases where some people ask them to send paypal first and never send btc then. While you can charge the funds back but whats the fun in risking your money even for a second. I guess family or friends payment would be fine and then none can claim it back. |
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Trading can still be hard even when the value is going up because you still have to figure out when to sell and when to buy. If you sell now at $1000 for example and take a profit, you want to buy back in but only if the price drops, but it could keep going up to $1500 and you can never buy back in.
Yup, that's the big problem right now with bitcoin trading. The value is constantly going up, it's really risky to sell off any of your bitcoins. With a little bit bad luck, you can end up with a loss in current trading of bitcoin.  Bad luck makes the traders to think gain and conclude the unpredictability of trading more stronger. People do fail in their analysis and making accurate predictions and then blame the nature of trading as complete unpredictable. I guess with proper learning we can over this hurdle. As per current situations we can easily speculate the levels of price movements still unpredictability nature remains same as our fear of loss always support it. |
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Without a huge capital and the ability to chose the right coin it is also impossible to get 1K btc from it.
I guess either one (if you have) will get you one million dollars (one million dollars = 1000 bitcoins at the rate of $1000). For a common trader, I believe achieving this will not be possible because I just have some $200 capital for my trading purposes and in average I just make $20 to $50 per week. This pace I might need some ~55 years to achieve that goal. In other words, I can simply say that will be possible only if Satoshi gives me some free coins from his hoarding. |
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Gambling with goal or without goal always ending with get busted in long term because the house know how to survive against any kind of strategy. So give up right now if you want to live tension free.
Yes, the ball is their court and we are just speculators to watch how quickly our money get vanished there. Controlling ourselves while gambling may help us just to delay those vanishing hours. But certainly it will not help to recover or multiply our bankroll. It is just an one way traffic. Still we may enjoy and time pass with great pleasures. I am able to control myself while gambling like gambling only with free giveaways. So, mostly I live tension free. |
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I just wish there were more places to do it at (that are legit anyway). I am wondering though, in your opinion, what would you consider a decent payout per day/month?
Personally I have not tried any investment opportunity with any gambling sites, but heard that many people are enjoying its profitability. We need to note gambling site's investments are only possible when gamblers are facing losses at same time gambling sites will face losses when gamblers make profits. For me, daily some $20 would be the decent payout summing up to $600 per month only in the case of passive income through my investments. If it needs my active participation, then I will expect more than this. |
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I play a lot here, do you have plan to add sportsbook? If you are bigger and bigger, I hope you should add it.
Everyone will prefer development hence bitdice also will be adding more types of different gambling to cover and serve all gamblers. Yes, you can expect adding up sportsbook to happen in near future to make bitdice as a versatile gambling house. I like to hear owners opinion on this... |
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My strategy is to buy bitcoin in a low price as much as i can and sell them at a very high price. When u get use to it u can earn lots of money if u have a Skrill, Nettler, Webmoney or a visa account with USD in it i can recommend u IQ option i use that website/app to trade. It is very simple u can search online to get more information about IQ option.
Pretty common and yet very profitable method. But I guess the sort of trading OP is talking is like selling bitcoins at higher price to those who need them and buying bitcoins for cheap from those who want to buy it. Its quite a awesome business since it does not require much capital til you have both type of customers : buyers and sellers. But you cannot make big money this way if you have small bankroll. You suppose bought 2 bitcoins in around august when the price was 50$ and no sold at 1000$ then still you doubled your money and its pretty awesome too but is 500$ enough for 3 months waiting ? I guess along with holding we should also invest them somewhere. |
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I guess our campaign sheets will have direct bitcoin based calculations rather than just in number or in USD value. I just see this is a pre-step from this software giant to embrace cryptocurrency giant for adding up again the bitcoin payment option in their online stores. You can find more from the microsoft's roadmap on excel development here : http://fasttrack.microsoft.com/roadmap#I-62159 |
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you should perform the division for investment. you invest in bitcoin with trading. and partly you use to open a business in the real world. I think it was the right choice. because you have 2 choices when one of them fails.
Its good to invest btc at profitable sites like in ccex trading because high profits awaits you there and all you need is the skills and always see to it that you may gain proper understanding so that you may avoid losing your invested btc like of altcoin tradings. Seek proper advice from expert mentors before investing altcoins so that your journey in trading will be more fruitful and if profit will do in return there will be fruitful bitcoins to harvest. I don't think BTC-e accepts investment in any form, yeah we can buy bitcoins with dollars or euros there by depositing with perfectmoney, etc but that's not called investing with bitcoins it is more of investing in bitcoins. I think apart from alt coins not much options are there though to invest bitcoins. |
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no single coin in my wallet right now because i usually cashing out my btc when i need it and almost never hold btc so far. I hope for next year i can save some percent of my btc and hold them for long time.
But I think this is the worst time to sell bitcoins because you might not be able to buy bitcoins at this price or cheaper price in coming time or even the whole next year. Anyways since it is your need then its fine and good luck mate. Hope the price gets low for sometime in this year so that you guys can buy back them cheaper. |
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Yes bitcoins will be used by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I hope that bitcoin will be more advanced and well known by many people. but for bitcoin can be used by everyone in the world is impossible. for now, the government is very anti to the bitcoin Not only government is anti, many peoples are as well anti and in fear with Bitcoin. Some are less interested to know more or get indulge. But I believe by 2022 the view towards Bitcoin will change of many peoples. But yes it will be not quite possible to be accepted or used by everyone. of course there are some people who do not like bitcoin, how could competitors like bitcoin, while they get damages I agree with you, that would be very difficult even impossible to bitcoin user can have users everyone Most people are maneuver mass. If media says Bitcoin is bad, evil, they won't use it. But if everyone starts using it, they immediately start liking Bitcoin and using it. Real big amounts of people will start using Bitcoin only when media and famous sites, brands start promoting BTC. Until there I believe the community will continue small. But I don't worry with it a lot, the Crypto-Currencies are going very well and that is what matters. Even if many people start using bitcoin more and more governments will still use fiat, and we cannot give up using fiat because that is how people use money and receive and pay their bills with and trying to change that is really hard, people are not ready of bitcoin yet because it has been not implemented into our everyday lives yet and that is going to take at least ten more years. |
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Since bitcoin is an internet currency that can be turn into a actual money. And Bitcoin too is known on Government but still government can't observe bitcoin that good. So I'm thinking if Bitcoin has tax??
Edit:
Now I know that bitcoin doesn't have tax but Transaction does..
Where do these Tax go?Government? And what kind of tax is it??
if you talking about tax in the country it goes in the goverment to develop the country but in bitcoin the tax is the transaction fee and it goes to miner The best thing about bitcoin is that it has nearly no taxes and if there is one they are so small so we don’t even notice it, and I believe if at some point people start using bitcoin in real life transaction and make a lot of money with it governments will start imposing taxes on those who earn a lot from it, because you can’t earn $10000 and not pay anything. |
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There is no press coverage, because the volatility is currently over the top...
People also can't explain the sudden price change.
Media only cares about covering things that people actually are interested about, people are not interested to know about bitcoin, at least the majority of it, and media will rather covering some stupid things that will get them more views rather than covering something that only 1% of the people will watch. I too agree compared to 2013 rally, now medias are less covering bitcoin's current rally. Google news search also indicates this. |
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i don't think that we can help them, they have to decide on their own
We can help them, we just need to explain to them on how bitcoin can be good to their business and how it can boost their sales. Especially if their business is an online business, their transactions can be on instant and while bitcoins is in their wallet. The chance of getting higher profit as the price increase is happening, it can give them another opportunity. Interestingly I have convinced my local shopkeeper to start accepting bitcoin payments, but unfortunately he is not finding many bitcoin payments and no significant improvements in sales. This may be due to lack of bitcoin adoption in my area and also even some people are adopting bitcoin still they are not ready to spend bitcoins right now. |
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Trading =/= Investing
In my country, there are some brokers who are accepting capitals from other people for their trading purpose. They will just give some fixed profits on monthly basis regardless of how much they will be making from those capital. Profit or loss the need to pay some fixed returns every month. I guess, this way trading is also becoming investing. |
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I have a wish to buy bitcoin, but when the price fail to 500$ this summer I kinda lost my trust in bitcoin and didn't buy a one. Of course now I regret of it.
That is why not always right to buy bitcoin always much better to wait for few months and relay the movement of the price from last year because there is similarity from the movement before.. if you by bitcoins right now better to hold it for a long time if you buy right now and wait for the price will increase again so that you can not be lose.. It happens, when it is going down and lies around $600 we always think that the price will get down while now its $1000 around and now we wonder about our decision. I have made a commitment to myself that this time if bitcoin goes to a price like $600-$700 then I will buy some enormous amount of bitcoins for sure. |
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