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201  Economy / Gambling discussion / Re: Gambling problem on: June 21, 2016, 06:00:32 AM
I see there is so many people trying hard to stop gambling their money because they've losing so much
If you not ready to lose your money, then don't even try to gamble!

Its easy to say that but its a mental illness its so much deeper than that.

Agreed with you, its really difficult for the people to get out of the gambling if they are addicted towards the gambling. They try to stay away from the gambling but because of the greediness they can't stop their self from playing the game; as you said earlier due to the mental illness.
202  Economy / Gambling discussion / Re: What is your gambling strategy on: June 20, 2016, 05:37:23 AM
I always play on sports gambling, so the strategy I just have the knowledge about the team.

but if in a game, my strategy usually always make a parlay, with safe odds 2-5 and odds high-risk 10-30.
for odds 2-5 I could choose a team with an average odds @1.2-2 and bet around 0.01-0.1BTC. and for odds high-risk average betting 0.001-0.01.

Thats a very good strategy. I also enjoy sports betting as there is minimum risk and maximum chances of making the money. If you have good knowledge about sports and if you can predict the result then as per me sports betting is the best option.
203  Economy / Economics / Re: When do you buy Bitcoin ? on: June 20, 2016, 05:10:36 AM
I was buying till last week but to be honest I cannot afford to buy with the current price as price is too high for me, so If I want to buy then I will wait for the price drop.
It is really not the best time to buy bitcoins, because the price is really high, it is already $761. But I guess the price will not drop until the halving comes.
The price will go down maybe after the halving or it won't we really can't tell.
I agree that now the situation is not clear with the price and could see a correction in the near future.

Agreed with with you, I also think that there will be correction in the price of the bitcoins in future. So it will be the best time to buy the bitcoins; at the moment the price is very high and its not advisable to buy the bitcoins at higher price.
204  Other / Archival / Re: Do you use bitcoin as currency or investment? on: June 19, 2016, 09:36:05 AM
I hold the bitcoin as an investment. That is for the long term investment. I also use the bitcoin as a currency to buy things.


Yes, at the moment its the best investment. If you have some bitcoins then its better to save them as the price of the bitcoins is rising day by day. On other hand Bitcoins is also very popular as currency, for me its good for the long term investment.
205  Bitcoin / Bitcoin Discussion / Re: How to teach someone about Bitcoin on: June 19, 2016, 09:33:03 AM
This content creates a new hope and inspiration with in me, thanks for sharing article like this  Cheesy
most people give advice to make a video and upload it on youtube or articles in the website. everything was very influential on adoption.
I believe bitcoin could have users continues to grow

Agreed with you. I think there are many videos available on the youtube about the bitcoins which explains everything about this cryptocurrency. Bitcointalk is the best website to learn everything about the bitcoins, ask them to create a account here and to spend some time to learn the things about bitcoins. All the required information  related to bitcoins is available on this website.
206  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is the best future currency? on: June 19, 2016, 09:29:01 AM
this is one of the rarest currency that work without a bank ! Wink
It's actually the best currency Wink


Yes, there is no bank involved in the Bitcoins. Bitcoins is using innovative technology which is suitable for the modern world, its easy to use, simple to understand and quite amazing with its own features. There many limitations while using our traditional fiat currency but bitcoins have made it easier.
207  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: June 19, 2016, 09:20:03 AM
I believe bitcoins will make banks disappear, but it will take a long time as the centralized system won't give in so easily. Decentralized system is the future, but centralized system wont' give up without a fight.


I don't think that Banks will be disappear as they have build the trust among the people, people are looking at bank to keep their money safe and for making big amount transactions. Bitcoin doesn't have that reputation, it will be popular and be important part of the global currency but it will never replace banks.
208  Other / Off-topic / Re: Earning a living with bitcoin? on: June 19, 2016, 09:16:19 AM
I used to live off altcoin trading way back, but quit after the market got sucked dry, now its back, and so am I!

It is possible for some time to live with the income generated from bitcoins .But its not possible all the time because there will be a time when the income will be reduced or there will be no income; so it will be very difficult. Its better to consider the income from bitcoins as extra income and make sure that there is also another way of fixed income for your living.
209  Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear? on: June 19, 2016, 09:09:55 AM
Don't be crazy... as long as there are miners to maintain the network Bitcoin will always be here.

That is right. In the mean time, the bitcoin will evolve in the future. It will become better and better and adopt new technologies.

Yeah your right and bitcoin is well established now with many people are continue staking and globaly people are using it, thats why we should not worry for bitcoin dissappearance it will live as long as where here so we can see more bitcoin adoption and success in the near future.

Agreed with you, its nearly impossible to imagine that bitcoins can be disappear. If you look at the current rise in the value of the the bitcoins then its climbing up day by day and now the price is quite stable. I think it will improve more in the coming months and years.
210  Other / Off-topic / Re: what you like best in Bitcoin ? on: June 19, 2016, 09:01:50 AM
For me  the convenience of buying or selling online with these without having that much transaction fees sometimes  it free  so  it a good idea for online business

Yes, this one is also advantage of the bitcoins. Apart from this we can also handle our money when we want without leaving our home. There is no need to depend on banks or there is no need to follow any lengthy procedure to complete the transaction. Using bitcoins is very easy and simple which is best thing about the bitcoins.
211  Other / Off-topic / Re: What is the Future of Bitcoin ? on: June 19, 2016, 08:49:42 AM
The increase on price of bitcoin right now will make the future of bitcoin become bright and great. Because many people will use bitcoin soon and in the end, all people will using bitcoin.

We cannot expect that everyone will start using bitcoin in future, but adoption level will go higher for sure which will take price of bitcoin very high.

Well, i think the rise in adoption level of bitcoin would surely bring a positive change in its user database as well, because as with the time the more places will start accepting bitcoin the more people will get to know about it, and the ones who get to know about it and its benefits would surely start using it in no time.

Agreed with you. At the moment bitcoin is doing really good, there has been significant rise the value of the bitcoins and prices are quite stable at the moment which is a very good sign. More and more people have started using bitcoins; we can say that bitcoins have a really bright future ahead.
212  Economy / Economics / Re: Bitcoin or gold? on: June 19, 2016, 08:46:54 AM
I would definitely prefer bitcoin instead of gold because it is so easy to use. For gold, you have to trust that somebody is giving you the right weight of gold, right purity, and all sorts of things like that.

With bitcoin, every unit is the same. You can transfer it without hassles virtually.

With the current rise in the price of btc, everyone will prefer Bitcoins over the gold. But still gold has the reputation and trust from the years so people prefer gold. Bitcoins will take some more time to gain the trust and to became popular; I think its has been already started if you look at the current value of the Bitcoins.
213  Economy / Speculation / Re: bitcoin continuous rising? on: June 19, 2016, 08:29:08 AM
At this rate, the BTC price will hit $850.
yeah it's possible. but now the price has stabilized at around $ 750 ~. is it time to buy or sell it? it seems like we should hold off on the grounds halving not yet occurred. because it may be halving could bring the price of bitcoin be $ 850 or more. I would prefer to hold for now

i think bitcoin rise will continue to rise till the halving. if you are planing to sale your coins you can wait till halving and sell at the right time. I wonder if everyone will sell at halving what effects will it have on the bitcoins ?


Surely it will continue untill july but for todays price its kinda stable for 750$ per bitcoin but thats totally ok since it slowly rising day by day maybe next week we cam see big pumps knowing halving event is yet nearly to be happen speculator will be more happy for the price pump for that month and surely with that all will be benifited for this said event in bitcoin history.

Yes, right now its stable but i think it will jump again and by the start of the August It might touch $900 if there is no major fall to the current value of the bitcoins. There is a huge boost and everyone is happy whoever holds the bitcoins. Smiley
214  Economy / Gambling discussion / Re: Gambling can be profitable in the long run! It is possible! on: June 19, 2016, 08:21:21 AM
I've been in the gambling industry (working) for 25 years, and prior to that grew up with a dad who sold gambling machines for a living, so I have plenty of experience. Whilst of course there are variants in the short term, over a period of time, the house will retain it's edge in various obvious, and not so obvious ways.

It's a fascinating subject and one that is a complex mix of mathematics, human emotions, Phycology and much more. Without getting into the vast complexities of how gambling venues/games/sites etc go about exactly retaining an edge, the simplest way to look at it is that the longer you play, the more probability, edge and maths work in the houses favor. 

If you toss a coin five times, you may get 5 heads or 5 tails, toss it 100 and you will get more or less 50/50.





that is the power of probability. In the short run, a lot of people manage to win a few times and start to believe that they are able to constantly gain profit from gambling. So they will end up keep visiting the casino to gamble. However, they will all end up losing cause the power of probability will ensure that they are unable to profit in the long run.


Agreed with you, someone has to be very lucky to won big money but its not possible all time. One can win huge amount but later on if he continues with the gambling then in the long run he will loose more money than what he has won in the past.
215  Economy / Gambling discussion / Re: How do you know when to stop? on: June 19, 2016, 08:16:09 AM
Yes I set a weekly limit on how much I am willing to bet. I know I can never lose more that that because I stick to that rule. And some weeks I get lucky and make a little money.

Thats good. If you know that how much you can afford to lose then its easy to take the decision to make exit from the game. So its always better to set the limit for yourself before playing.
216  Economy / Gambling discussion / Re: How legal is to create betting/gambling site? on: June 19, 2016, 08:11:54 AM
If you have long term serious plan to run an online gambling site you should use proper channel.Which means proper channel is you should get license which is not very costly it will provide you legal safety in case of some unexpected situation.Same time you will be able to promote and expand your gambling business.It is illegal to run such business without license.

You are right and also check with the local government whether its allowed (legal) or not. Many times it does happen that after launching the websites they get banned from the government authorities. So its better to check the information, have some research and then only go for it.
217  Economy / Gambling discussion / Re: Cricket match prediction discussions on: June 19, 2016, 08:06:42 AM
Zimbabwe succeed to take revenge into first T20i against experienced Indian side, into last India lost this match even it was looking India will win this match till last but Neville Madziva bowled so amazing there and made this possible for Zimbabwe to win this match and get start with confidence into this T20 series.


Apart from the Dhoni, enire Indian team is also inexperienced. But it was a brilliant performance from Zimbabwe with the bat and death bowling at the end. It was a last over which made the difference, full credit goes to Zimbabwe as they kept their nerves and restricted Dhoni from smashing the winning shot.
218  Economy / Gambling discussion / Re: If you want to become Rich you need to Put Higher bets on: June 19, 2016, 08:00:25 AM
There is no doubt higher bet amount mean higher return if we are lucky but we must keep in mind that thing always gamble with that amount what we can afford to lose, higher bet amount demand a very large bankroll to maintain it there so never play with all in strategy with that way we can get busted.

Agreed with you. Higher bets are required if you wish to win big amounts but at the same time there are chances to loose the more money and you have to suffer with the losses.
219  Economy / Gambling discussion / Re: Cricket match prediction discussions on: June 19, 2016, 06:50:36 AM
Dhoni again comes to crease, and India loses yet again, while Dhoni remains not out..... 1 month of t20 World Cup with top nations, 2 months of IPL, yet India loses to Zimbabwe... Can't defend 8 runs in last over...
Is Dhoni a match winner anymore?

I have no doubt in Dhoni's abilities but no one can give 100% every time after all he is also human but India's overall record have many strange matches like this if they want do achieve target its not big problem for them but they fail to do this its really strange for me also
Dhoni will always remain as one of the best captains India has ever had . Upsets will be there , No team can always win all the time . I still believe in Dhoni , India won easily , Infact very easily in ODI . With such young and unexperienced team Dhoni managed to win all 3 easily , why dint anyone spoke about that ? It was a bad for Indian Cricket team nothing else . I am sure they will win the next match .
In none of the 3 matches dhoni made any contribution...and this is not for first time..since last one year see dhoni record in international matches..this will tell you all the story

I think Dhoni still have the capacity to smash 20 runs in the last over but if you look at his current numbers then we can say that he is totally out of form. His batting failed in recent IPL and the bad form continues. Dhoni's appproach for taking the game till the last ball didn't worked this time, He really needs to work on his batting.
220  Economy / Gambling discussion / Re: How much can u lose with gambling? on: June 19, 2016, 06:44:19 AM
Well you could lose everything. House car, family everything. Hopefully noone here hs suffered such lose because its very sad.

Correct Smiley You could could loose whatever you have in long run if you continue with the gambling. Its totally depends upon you, if control yourself then there could be limited loss and if you are addicted and you dont have control on yourself then you can loose everything.
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