Yeah holding bitcoin and selling it for $1k per piece will be a great decision because you can earn a lot of money without using your own money because you got the 10 btc in a giveaway(if he is serious on giving bitcoin). I think he should not have to sell all of his coins, as the price will increase the whole year and the better decision will be that, he only sell the profit from there, so he will get a continuous profit. if you have bought bitcoin lower than $300 then it is a good profit to sell at least a part of bitcoin to get some profit but only if you need the money. otherwise keeping it for the long time is better for making real profit. Yeah if you are able to make profits at current price then nothing wrong in selling some of your coins and hold the rest for halving, as we may sell all time high at halving. i say this because i did that myself, i sold some above $700+ and enjoyed the $520 profit that i got from my investment and spent some money and then bought back at the bottom again.
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we need bitcoin in large numbers. at least for one year with reference to the current rates, then we need to live a decent 5 bitcoin. and we need 100 bitcoin to rest for 20 years. an uphill battle to get 100 bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yeah, you can set the bottom at $600 and be sure that price will never fall under it in the future (it may go below 600 in short term but not after a year and so on) so you can calculate how much you need based on that for lowest price.
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I was wondering what others think, will 1 BTC ever have a value of 50k+? Within the future like in 50-200 years from now.
no never. and even if it can reach in the time frame that you said, i don't care because i will be dead and long gone in 200 years and maybe bitcoin is dead in 200 years also. so who cares ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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it's a shame to see a Hero Member not knowing how bitcoin works and without a clue about how private keys are generated. in that case 16th address on the list is MY ADDRESS so you better sell all your bitcoin.
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Yeah holding bitcoin and selling it for $1k per piece will be a great decision because you can earn a lot of money without using your own money because you got the 10 btc in a giveaway(if he is serious on giving bitcoin). I think he should not have to sell all of his coins, as the price will increase the whole year and the better decision will be that, he only sell the profit from there, so he will get a continuous profit. if you have bought bitcoin lower than $300 then it is a good profit to sell at least a part of bitcoin to get some profit but only if you need the money. otherwise keeping it for the long time is better for making real profit.
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i don't get it why people here are caught up in the anonymity of bitcoin and they are concerned about their anonymity! we have all been using other crappy services like paypal which had zero anonymity and was invading all kinds of our personal privacy and nobody cared. but since bitcoin is somewhat anonymous everybody is talking about it....
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I think there is a site to verified and make your own certification of business to be legal with licenced if you starting a gambling site. But someone are can install their business without licence or certification.. and some country are restricted they are not allowing gambling..
Most of the sites right now, I would say like 90% are running without license. You do not really need a license unless you decide to go big and seek local users involvement. You might get sue if you choose wrong path. it depends on the country that you live in. in some places you may encounter a lot of troubles if you run such an online business without a license. and you may even end up paying a lot of money in fines.
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Same with you, i want a live dealer casino and we can control the quality of the video and also have many options like tipping the dealer but the most one is i want Live betting on sports with many options.
That's a great idea! Such a site would definitely draw the attension of many gamblers. And I agree that there should be an option to control the quality of the video. i don't think creating something like that is even possible or profitable for the casino itself. one of the reasons why you create an online business is that you don't have a physical place to create an offline casino so you do it online, and if you can have a dealer and a place for the you create an offline casino easier.
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gambling is not Investment but it is playing, if you wanna make Investment you can try trading or mining another busineses.
Yup, indeed gambling is not the place to invest. because in the gambling could not be determined whether we profit or win (not sure), but for sure in the 99% of people are gambling gambling will surely experience a defeat, because they were too greedy. gambling is extremely dangerous and it is very risky. So be careful if you want to do gambling. if you try and read the first post of OP or at least read some of the other comments you realize that he is not talking about investing in "gambling" but instead investing in "gambling sites" or "casinos" which is a good way of investing because of what you said here, when gamblers lose the house is winning which means you share it too.
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the best way of making your income steady in bitcoin is that if you either have a good business of your own where you earn your money through hat or you should have multiple ways of income so that if one of them were slow one day the other earnings cover it up.
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i would have been so much better if you could have bought bitcoin yesterday instead of creating topics so you could be ahead a hundred dollars.
but it is still not late because of Brexit it seems like we are experiencing another big rise soon for bitcoin.
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Brexit gives us a signal that there is something wrong with Europe. So euro will go down and people will be trying to keep value of their money by putting it in something else: metals, other fiat and so on. Something will definetely go to bitcoin. Besides GPD went down, so also Britans themselves will be buying bitcoin now. It's simple. In the long term, I believe, other countries will also express their interest to leave Euro zone and these times will affect even more on BTC price.
i totally agree with this as we are already witnessing the effects on bitcoin price as of today. but also i want to add that all these news have also a secondary effect which is hype and people wanting to buy in order to not miss out which will also increase the price more.
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i would like to think of 550$ ish as a new bottom of the current changes and to answer your question i would do as i always do, i buy at the bottom just like i bought yesterday at this price and i am enjoying myself today.
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this is a great news for bitcoin and those users who are using coinbase to trade bitcoin.
that would be so much better if they also add the option for money deposits through paypal also, because there is a lack of trusted service to use for buying bitcoin with paypal.
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Bitcoin price is in the good trend again. So, it is better to hold it untill the halving day and look what will happen. Hopefuly the price will rise up very high so we can start to sell it. And if a lot people sold bitcoin at the same period surely the price will down again. Thats the best time to buy it again and hold it again till the price going up.
yeah bitcoin is right back on the track and price seems to be in a very good state right now. but also you shouldn't forget that not everything is about bitcoin price! it is about bitcoin itself as a technology and as a currency, it is also growing in those aspects which is good. so only an idiot will ignore all these things and calls bitcoin dead ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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i always prefer to make smaller bets with a decent chance of winning, not a very high chance like 98% and not so low chance like 1%. always being in the middle like in 50% is best for me. and i have been doing it always like this and i am happy with the result that i have gotten with this strategy so far.
Betting with low amounts and high odds sometimes works, but most of the time it is too risky to do since the chances of winning of the underdog team is lower compared to the other one. Before you create these kind of picks, you should know beforehand who will perform well. i think it is the same. i mean it doesn't matter if you play with small amount and high odds or you play with big amounts and low odds. they are both bad ways that lead to losing faster than going the normal medium amount with medium odds. and you will end up emptying your bankroll so much faster.
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For me the only safe method is to gamble what you can afford to lose and know your limit and when you have to stop,I think the biggest drawback of any gamble is to stop when they are losing much more if they are winning ,so it's always how and when to stop even if you are winning or losing a game..
true, indeed self control should be used in gambling, because without being able to control myself 100% we will lose all the money we have. Having already ascertained greed will enter our lives. Wise in gambling I think that is easy to say but hard to do. Once you are in that moment of winning you cannot control it. It is like feeling the heat or telling yourself you are lucky until you found out there is no more to gamble. only the beginning of it is hard thing to do. but after you start doing it, it becomes easier. after a while you can't even think about it and it becomes a part of you and you do it by nature.
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Guys what is google adsense ?
it is an advertising network belonging to google company. you can give them your ads and pay them to advertise it for you or you can sign up with them if you have a website or a blog to place those ads the other have given them on your website and get paid for showing them. search for it on google for more details.
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I think it is better to not play in casinos or dice games, it has realy -EV on the end. try Poker and sports betting, if you are good at that two, you can build a nice profit there.
yeah but betting on sports needs a lot of information and knowledge beforehand or you can't make any profit progress at all. also poker needs skills, and that is something that not many people possess so it is back to square one and playing at casinos and playing games like dice that don't need any of those above.
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I noticed that the price of Bitcoin change much like all altcoins. But the price of other traditional currencies like the euro, for example, are stable and do not change much. It is the government that control their prices?
bitcoin price change is not at all like altcoins. you should take a look at coinmarketcap and see the percentages on the price change and do some calculations the changes in bitcoin is never that big considering the price. but in altcoins they can easily rise 200% and there are some that have risen 1000% in less than a week.
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