Gambling is designed for the casino to win, otherwise which businessman will own a business casino where his risk to lose will be higher than to win? The part of gambling is to understand and accept that word winning is only in your mind. In reality you will struggle to win over the house, think about it.
We also have to think about the probabilities in every business that involves many people, in this case the house has some percentage consideration for profit sharing to 30% of its users within 24 hours, if you tell me to think, I will think that I'm included in side of 30% winner. This is much better than ponzi who will eat you 100% Although I wouldn't encourage anyone to gamble for profit, I agree that if compared with investing in a ponzi gambling is a better choice. Yes, you will lose most likely with gambling, but knowing that beforehand makes you to not deposit more than you can afford to lose. Investing in ponzi people expect good profits and thinking that the risk is minimal they invest a lot and thus lose a lot. |
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I would like to re-enroll
Post count: 638
Bitcoin address: 1F2pdAU5ozqadh1Qwro4cCHp47AEnrWFZJ
Tor address: TLjPnTb4BHjBakgNBR2v3FHJ2dGTD6r4NS
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Why is someone get addicted to gambling once he gamble ?
I think this happens only when one wins at first. When one starts his gambling experience with losing he'll hardly get addicted to it. If you don't want to be addicted to gambling don't think of it as a source of income. Because gambler, always dreaming and assume he will win alot on his current game. So his mind is obsessed with gambling. When he loses, he will try to find funds to gamble again.They'll do this only if they've had a winning experience in the past. Otherwise no one in their right mind would try to find funds to gamble again. If you see that you always lose from a game why play that game again? |
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Here's my video, hope you'll enjoy it  https://youtu.be/3HuTmk_iWzMBitcoin address: 1F2pdAU5ozqadh1Qwro4cCHp47AEnrWFZJ Tor address: TLjPnTb4BHjBakgNBR2v3FHJ2dGTD6r4NS HAHAH, nice!! Armory at 80% syncing currently But for this I'll send you from my personal funds Awesome work!! Sent! Also, for this legit footage, you have received 10 TOR  EDIT: Ohh shit, gotta pay the bonus too Sent Thank you very much!!!!! All the payments received. Now I have 10 TOR in my wallet! I LOVE TORCOIN!!!!!!! |
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As one of the best part or advantage of this cryptocurrency is we can transfer the money from one place to another place within a minute or in some seconds.
My question is, as bitcoin has highly volatile nature, after sending the money to my friend if it suddenly goes down then its a big problem in this case my does not get the money that he needed, and I have to send bitcoin again.
how to save yourself with this kind of situation.
I wish transactions would take minutes, but it is far away from reality, especially lately. I see two solutions here. The first one is that you can pay a huge transaction fee, so your money will be transfered very quickly. Another way, you can find some alternative cryptocurrency, which is stable at the moment and use it to transfer the money, but in this case, the other person would have to create the wallet for it. It might seem a bit complicated, but in return, you wouldn't have to spend extra money and wait too long. |
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Is it true, Altcoins price can be manipulate?
I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world.
If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
I think the fact that altcoins can be manipulated makes them even more interesting, and it is very profitable for traders. You must be careful about pump traps, though, but if you have a lot of free time you can spend it monitoring the price every minute and sell all of your alts at a perfect time, increasing greatly your primary investment and you can never accomplish something like that with bitcoins. |
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Here's my video, hope you'll enjoy it https://youtu.be/3HuTmk_iWzMBitcoin address: 1F2pdAU5ozqadh1Qwro4cCHp47AEnrWFZJ Tor address: TLjPnTb4BHjBakgNBR2v3FHJ2dGTD6r4NS |
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Well paper money will continue to live despit the rise of the digital currency since not all are computer-literate nor companies pay in Bitcpin due to the fluctuating price or its unstableness.
Paper money slowly will be eroded and reduced its use by technological advances. Central bank will replace it into another form, which the community needs in financial activities is a tool or something that's easy to use in transacting. Agree with your opinion. Paper money will be lost in future and replaced with 'money' which's more practical and easy to use anywhere. Bitcoin has all advantages over paper money. If you are talking about far future then I agree, but I'm pretty sure that during our lifetime paper money will not be entirely replaced by cryptos. We are still too far from the point when all the people in the world can have an internet access, and without that they can't use cryptos. |
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Why is someone get addicted to gambling once he gamble ?
I think this happens only when one wins at first. When one starts his gambling experience with losing he'll hardly get addicted to it. If you don't want to be addicted to gambling don't think of it as a source of income. |
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I'm not sure if this has ever been implemented yet, but can you imagine a way of paying with Bitcoin by just using your own body? It would be more of like a microchip implanted into your left or right hand that would contain both your public and private keys to send and receive Bitcoins. So in case you want to send or receive some BTC, you would just pass your hand over at a scanner and it would perform the desired operation. This is would make it a very convenient and easy way to transact, and carry your Bitcoins with you anytime, anywhere. However, the only thing to be considered would be the security of your private key from within your implant, to protect your funds from theft. Nevertheless, I want to know your opinion about this, since it would be pretty cool to have such a system to help spread mass adoption of the cryptocurrency. I don't see any necessity in it, nowadays people are carrying their phones wherever they go and there is no problem with making transactions using them. And by the way, such a microchip might be rather expensive, so it would be protected from destruction inside your body by enzymes or free radicals and still be able to recieve and send data through your skin layer. |
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There are a lot of altcoins and I am really curious why people buy them. Is there any worth of altcoin? Why not using only bitcoin? What's the future of altcoins?
Because altcoins might be a good investment too, some of them are rising in price very steeply, but as well as dropping, so you have to be careful with that. Another advantage over bitcoins is that there are more useful ways for storing some of alts, and, of course, less transaction fees, which is particularly true for now. |
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I will prefer to diversify my investments and will choose both of them as both are good investments for the long term and if bitcoin fails in future then also I can expect some profits from gold as gold will always give good returns in long term.
I don't think it's guaranteed that gold will give good returns in the long term. You will not lose a big part of your investment with gold that's for sure, but imo the value of gold is a bit overestimated nowadays. Yes, it will never drop to zero, but it could drop 20% or even more in the future. |
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as I know experience is important in some gambling games such as poker, but how about the other games like dice game or roulette, do you gain any advantage from your experience, can you used your experience to win the game? or maybe because of your experience you know whether to bet low or high in dice game
So Does Experience matter to you?
In a dice game even a total newbie can win without any experience whatsoever. But experience is a good thing nevertheless, because being a newbie you might think you can earn some money with dice game or roulette in the long run and an experienced gambler knows that this is impossible. |
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I wouldn't suggest anyone to sell any Bitcoins right now since the price of Bitcoin is going up. Since I like to watch the Altcoins go up in value when the price of Bitcoin goes up, there is a large chance that people could make more Bitcoins from participating in the price uptrend.
The only thing that I don't like about people panic selling is that they usually complain when the price of Bitcoin gets really expensive and they can't purchase Bitcoin cheaply.
We can't know for sure whether it's going up or down from any given point. That's why many bitcoin holders are selling now because they think it's the highest price possible. I personally disagree with them because I think with widwer adoption bitcoin will rise much more in the future. |
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My biggest win when I gambled and gambled for free is a 0.01 Bitcoin and it was really luck. They ran a chance game that I managed to hit and it was fun because as I was about to quit? I hit it hard. Awesome.
This is close to my situation. My biggest win was around 400k satoshis when I bet 40 sats with 0.01% winning chance on a dice site. Although I gamble it away the same day, it was a great feeling when I won it. |
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So, imo, bitcoin is in a in tip-top shape, there's nothing to worry about.
I've been reading this kind of quotes since when bitcoin dominance was around 90%. So, my question for you is: at what % will you start to worry? Never. Altcoins (with the exception of ETH and Ripple) are thinly traded which means that $1 spent on them goes a lot further to increase their market cap than it does with Bitcoin. The market cap is meaningless because it's not actually to do with traded coins. Even dropping well under 50% would be meaningless because that would just be diversity of cryptocurrencies. None of them would be bigger than Bitcoin and even if they were they wouldn't have to be competitors. I'd only care if the Bitcoin price dropped below ~$100 (extremely unlikely). Very little else would matter. Iranus has provided a perfect answer, in my opinion. Why should we worry at all? In any case, unless bitcoin drops to zero, we'll have a healthy diversity of cryptocurrencies. |
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That would make sense if Bitcoin price surged to a million dollars per coin
Since Bitcoin is likely to be even more deflationary than any other currency out there. What fiat currency do you know that has grown in value a few times within a year? There is no such currency since the growth of that scale would be devastating to any economy. In this manner, the whole effort may be aimed at substituting the Japanese Yen with Bitcoin in the savings of people so that greater amounts of local currency entered circulation (which would be good for inflation)
But why? In my opinion it doesn't matter how much 1 bitcoin costs. What does matter is that people take their money out of a closet and start buying it. That's what's good for the economy. I'm a biology student, not an economist, so please explain if I get something wrong. You get everything right, in general What you don't get is that to make this policy of "people taking their money out of a closet and buying Bitcoin with it" even remotely successful, literally millions of people will have to buy bitcoins, and that would produce an exponential demand with Bitcoin prices hitting astronomical figures. In other words, there are not so many bitcoins as there should be people wanting to buy them if the Japanese government were really going to implement something along these lines and hoped to achieve a noticeable result at that Thanks for the explanation. Indeed you've noticed what I can't understand so far. Even now I think that a limited number of bitcoins can't be a problem because that only would lead to the increasing of bitcoin price. Why is it bad for the economy if the price of one satoshi was $1? But I have a feeling that I can't get it because I'm not aware of some mysteries of the economyEven self-proclaimed gurus of economics here can't grasp that But the answer is pretty simple though. If we assume that fiat dies and Bitcoin takes over, the constant appreciation would be devastating to the economy. I've even created a thread where I explained everything in pesky details, and no guru or otherwise ventured to challenge that explanation. In short, the reason is that the profit margins of producers (if we calculate them in bitcoins) change non-linearly in respect to change in Bitcoin appreciation rates. In other words, they would decline faster than Bitcoin might appreciate. To add injury to insult, they may and will in fact turn negative at some level of appreciation, i.e. profits will become losses (when the proceeds stop covering expenses), and thus the producers will have to shut down their businesses altogether and fire their stuff. How can that be good? On the other hand, if Bitcoin continues to remain outside the economy, then its price will be mostly irrelevant I've read it three times, but it's really hard to grasp. What I understood is that if fiat dies it would be bad for all of us and that in that case we wouldn't be able to enjoy even an enormous price of bitcoin whatever high it was. What's the purpose of money appreciation if you are unemployed? Indeed, it will never come to that (I mean Bitcoin taking over fiat), but if we imagined that, than constant appreciation would make production a losing deal because producers would be better off overall if they fired their stuff and kept their bitcoins rather than invested them into their production. In other words, they would get more profits via mere Bitcoin appreciation, and without doing anything at that. Right now idly sitting on money is a losing game since inflation is constantly eating away its value Thanks for taking time to elaborate and clarify. Now, first time in my life, I understand it. Inflation stimulates production and, hence, employment. The situation when money is constantly rising in value encourages people to do nothing and that's definitely a bad thing for the economy. |
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LBRY has risen 54% compared to USD and over 45% compared to bitcoin in the last 24 hours. I don't think it's so easy to pump it, as some people say, since its market cap is over $11 million now. I think it's a serious project because I for one wouldn't risk millions of USD to pump a potentially dead coin. Since LBRY was almost $2 last summer I think it can go to that level again in the future.
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Well, Ethereum and some other cryptos are rising faster than bitcoin lately, that's true, but stil bitcoin Market Cap is over 27 billion USD and also still Bitcoin dominance is huge, 53% of all cryptos combined. So, imo, bitcoin is in a in tip-top shape, there's nothing to worry about.
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When I downloaded my Torcoin Wallet yesterday the price of Torcoin was $0.66 according to coinmarketcap.com, and it's $1.22 now. Wow, just in one day! I hope the price will rise even more in the future. At least I'm not going to sell my Torcoins right away after receiving them because I think the coin has a great potential. hahahaha... http://coinmarketcap.com/currencies/torcoin/ here is the price of TorCoin it is exactly $0.002427 oh wait another guy with an advert in his footer. nnnnice one:P What about this then? https://coinmarketcap.com/currencies/torcoin-tor/EDIT: It looks vega4 decided to delete his post for some reasons.  |
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