For some reasons Localbitcoins never provide good rates where I live. The price for BTC right now for example is almost 10% lower than the real price if you want to sell. So I use smaller local exchanges which provide better rates and work smoothly almost always. Once your transaction has 3 confirmations you get local currency on your Credit Card in a matter of minutes.

I think it would be worthwhile to draw a line between gambling addiction which makes one constanly losing their money making close relatives unhappy and the "addiction" to the entertaining side of the process. The latter isn't so bad in my opinion unless it doesn't lead to the real addiction. I'd suggest that guy to cut the time he's spending on gambling though.

Depends on the profit. If you being a wise guy deposited only $2 just to have fun with gambling and after doubling your bankroll your profit is $2 and you can easily afford losing $4, then why not? But if you hit a jackpot which probably can happen once in a life time then gambling with the money is just stupid in my opinion.

Actually even small altcoins need much more than $1k for a pump and it is not so easy to convince hundreds of people to invest $10 in an unknown coin because most people even with a bit of trading experience know that the chances of making profit are very small. You have to react in minutes if the dumping has started otherwise you will lose your money most likely.

It's a good sign they start to think how to tax investment in Bitcoin, but that definitely won't be easy to do. I have a vague notion of how taxation works but as far as I know the scheme to tax everyone properly wasn't yet invented. Many rich people, even without resort to Bitcoin, constantly avoid taxation and only a few of them are getting caught.

Why having both is better? I think everyone should decide for themselves what is better, either gold or Bitcoin, and invest in that one thing. For example if you know that Bitcoin is better why invest in gold? Yes it's more risky to invest in one thing but on the other hand you'll have greater profit in case you were right.

IMO people heavily overestimate gold and in the future the price of it will be falling. It will never be zero though because gold is a precious metal, but, like I said, heavily overestimated.

Easier said than done because in reality even if you stop gambling completely for one week or for one month you return to it sooner or later. So I think it's better to learn how to manage your greed because it's our greed is what turning an entertaining game into a catastrophe.

Do not expect to have fast and easy money which some people calim gambling can bring because exactly this way of thinking leads to gambling addiction.

As it was already mentioned above the design of the site is amazing. Right now there are only YOC and YOG against BTC and USD but hopefully other coins will be added.

Right now the Yocoin's Market Cap is just $2,282,202 according to https://coinmarketcap.com/assets/yocoin/ , but it were over $6M already twice in history, in July 2016 and in January 2017 so quite possibly it will reach that level again.

I know what you are talking about. This is a known strategy which must work as many gamblers think and I myself also was part of them. What are the odds of losing two times in a row playing with 92% winning chance? Yes, we all know that the outcome of the previvous bet has no impact on the outcome of the consecutive one, but still it seems the chances of two reds in a row are extremely small. So after losing we increase our base bet 10 times and, in most cases, we recover the previvous loss. But the thing is that it is possible to lose two, three or even four times in a row playing with 92% winning chance. And when this happens we lose it all.

I would like to join this Campaign.

Btctalk name: just_Alice
Rank:    Sr. Member
Current post count: 524
BTC Address:    1F2pdAU5ozqadh1Qwro4cCHp47AEnrWFZJ

Thank you.

I don't think you were too late to make good profits with your investment. It's true that early investors earn the most in case a crypto turns out to be a good one, but they also risk more than others do. For example right now, instead of investing in Bitcoin you can invest in a new crypto and you'll be the early investor, but no one can guarantee that the crypto you invested in won't turn into nothing in the next few months.

If I were losing $8 every day it would be too much for me, but if someone can afford it it's great and I'm glad for him. I like your idea to apply gambling experience to real life in case it's positive, in case you turn small amount in a big one, but if the opposite happens? What if one just loses and loses evey time he starts to gamble? Then I think it's better to stop and it's better to not draw conclusions from the experience. Because in my opinion it is easier to win in real life than in gambling.

As far as I understand he's not proposing a reward for writing reviews, but he wants someone to hire him for the job. So if you think 3mbtc is a cheap price you can hire him or propose to your friends to hire him. I also think that around $3 for a good-quality review is not that big money for gambling site owners.

They have 2000 users so far, but I think exchanges ilke Bitsquare, decentralized, easy to use, designed not for constant speculating but for those who just want sell/buy altcoins once per day, are the future. They did not spend much effort on promotion and haven't translated their app to to other languages, as they say themselves, and I think that's why they are comparatively not known.

That's right and I suggest this approach to gambling to everybody:

1. Never deposit more than you can afford to lose;
2. Avoid going all in at least at the beginning of your game.

But if you are tired of gambling already you can go all in and then stop whatever the outcome.

They should teach that in schools, like 2X2=4, IMO, then we'd have less unhappy people around. Trying to turn gambling in a profitable activity is like trying to make 2X2=5. And the reason why people ignore this fact is their greed which they can't control. Well, they pay the price for it.

This happens only when I go all in and when the amount is significant to me, like over 200k satoshis. Normally I try to avoid going all in so the feeling you described I experience rarely.

I'm wondering where they will move their huge profits after alt bubbles burst? If they will decide to buy BTC with it, which is entirely possible, then Bitcoin will skyrocket and those who are buying now at under $1,000 will make good profits.  

Exactly. The Collider is being used to demonstrate the true strength of Bitcoin’s security as they say and IMO they have achieved their goal. Hackers can't afford such collider in the first place and now it was shown that even if they can they would gain nothing.

I have no reasons to hide myself so at first I was accessing the site with GoogleChrome using this address https://penguinsyuo2gtvz.onion.to/. But then I downloaded the TOR browser just for fun I now play on the site using TOR.

@piloder, It looks like you are using the site too. So what's your statistics there?