IMO bitcoin definetly is the future of gambling. It allows for fast deposits and withdrawals, low fees and anonymity. I think the only problem currently is the problem with transparency. Even with provably fair systems casinos are rigging rolls and cheating their customers (though the majority of dices are honest). I'm hoping the new Edgeless casino will solve this problem, and make blockchain widely used in casino business to make everything much more transparent.
I have never heard abount this Edgeless casino before and when I googled it all the info about it was new, mostly from 2017. I'm wondering how do they plan to survive without any house edge? They have a good looking site and it looks like they are opening in several days. Well, we'll see what it is then.
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It's funny that just yesterday I was rewatching The Social Network (2010) where a big part of the film is about Winklevoss twins. Looks like the twins are smart guys. They have not only invented Facebook in a way, but they also are trying to help Bitcoin big time (not forgetting about themselves of course). I personally wish good luck to the guys. Quote from the article: ... experts speculated that the price of Bitcoin would double if the Winklevoss ETF was approved ...
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In 2022, you mean in 5 years? Well, not by everyone, but I think most people from the rich countries will be using it. And also people from the poor countries will be keeping their savings in BTC since their local currencies will be much more unstable than BTC.
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Any investment makes sense as long as you are getting at least some profits from it. You can make many of small investments and if all of them bring you something you can be rich in a long term.
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You can't in generally decide if a site is legit or scam unless someone invests in it. But yeah there are still some sites which advertise in the forum and they have scammed many of it's users by not sending their winnings. The best way to be safe is invest mostly in a site which sends payment instantly to you that is the only way or check how old the site is or their reviews.
I think investment in a site and depositing on a site to gamble with the money are two different things. I agree with what you've said about how to pick up a site where to gamble but what generally called investment is when you are not gambling but when you are investing to have a share of their profits. The best way to know whether a site is legit is reading reviews about this site on bitcointalk or any other trusted forum (I personally know only this one).
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the amount is not predictable sometimes i only want deposit small amount if i have more money i will deposit more and i am ready to lose it certainly usually small amount for me is 0.01 bitcoin and highest amount i can lose is only 0.1 bitcoin
From my point of view you can afford losing pretty big amounts. Can't say same about myself. I have only managed to earn 0.15 yet, so the biggest amount I can afford to lose is 0.001 and even losing that amount hurts big time.
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The most popular investment for your bitcoin is to use them on trading. Grab the chance to buy a coins at a cheaper price and wait for them til they get rise.
The thing is they will not necessarily rise. Many new altcoins start big and only fall after that. You should really know what you are doing if you want to be in trading businees. I was never lucky with it although I haven't lost much fortunately.
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There are many dice sites. Are these sites reliable? So is it really the end of the bets based on luck? Or is it programmed to win the dice site?
Probably there are sites like you said, but all the famous sites are Provably Fair. Personally I know two legit dice sites: the famous PrimeDice and a new site in the Deep Web, penguinsyuo2gtvz.onion. You can check them out but never try to make big profits with gambling. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bitcoin should come down to $200 again so i can buy it and let it go to the moon ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) haha, only in your dreams my dear. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think if it will ever be around $1,000 again that would be the right time to buy. But I doubt it will ever be below $1,200 to say the truth. Actually if someone wants to buy Bitcoin high price doesn't matter since you can always buy 0.05 for example.
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Sorry is this is the wrong place to ask about this, but I haven't managed to find a more suitable one.
How much I have to wager to be able to chat on PD?
I created a new account and although I wagered there over 0.0005 I still can't chat.
Hello. As far as I can remember, there is a timeperiod in which you have to meet from the time you created your account. Also, this is their main thread, and Micro never failed to answer inquiries regarding the site. https://bitcointalk.org/index.php?topic=208986.0Thank you very much for your reply! Yes, I think it was time-dependent or wager-dependent, because now, after wagering over 0.003 BTC and being a member since March, 1st, 2017 I can chat. Anyway thanks again for your intention to help!
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Hey Guys, what would be your opinion if there would been Bitcoin shops in big cities like London, Berlin or Paris (also smaller cities). So you could go inside the shop and buy or sell Bitcoin for a good price. I think it would be an good (and an advantage) idea because more people would use Bitcoin so the price would rise up and the people who are owning Bitcoins at the moment would have more money in Bitcoins. Best regards, Patrick ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think it would be a great idea. So you wouldn't have to seek for the most profitable ways to exchange it. And yes, the price certainly would rise. I think very soon it will be like that, as long as more and more people are getting to know about btc and only becoming convinced that it is very useful.
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So as of this moment, I'm only earning bitcoin through a signature campaign here on bitcointalk forum.
How are you earning bitcoin?
Same, signature campaign. And I think it is a great opportunity, considering that you can stay at home, spend some time on studying about btc and stuff, which is quite useful, discuss it and even recieve money for that! You can also try gambling, but in my opinion it is impossible to earn this amount of money that way, you would be already lucky if you don't lose all of it.
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Who in the world controls the bitcoin? I don't understand where it appeared and how it began to be one of the official currencies? Who controls the course of Bitcoin?
I guess it's the investors, who control the course. Users, in fact. Including you, if you personally buy and sell btcs. But it is important to understand, that your control over Bitcoin is proportional to how much you own.
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BTC price will be around 800 - 1200 USD this year, high price means that BTC mining is more profitable. So it is also the right time to sale some spare BTC.
What is "spare BTC"? I think there is no such thing. All the fractions of BTC we have are not spare for us. We love then and we cherish them. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No one wants to sell them unless we are in a desperate need of fiat money.
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What do you think that will happen once the real Satoshi reveals himself (and proves that he created Bitcoin)? Will Bitcoin ever be the same? Will governments try to pursue Satoshi and put him in jail? This will be something interesting to know, once it happens (if it ever does) sometime in the future. Please feel free to share your thoughts here. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think there is no reason for any government to put him in jail in the first place. Also I don't think if Satoshi reveals himself it will affect the price of Bitcoin in any way directly. But indirectly it might affect the price if there will be a lot of news about him around and thus more people will know about Bitcoin and more people will start using it. Then the price of BTC will rise.
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Sorry is this is the wrong place to ask about this, but I haven't managed to find a more suitable one.
How much I have to wager to be able to chat on PD?
I created a new account and although I wagered there over 0.0005 I still can't chat.
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Today I was playing on PenguinDice again. And again I was lucky. I won two times on multiplier x16.830. Guys I'm telling you this is a great feeling when you bet on 3 and the result is 3. Going to play more there. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1uTEW9L.png&t=663&c=0be6hoNRJlV3rA)
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I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time
We won't see the end of fiat during our lifetime, I'm sure. And like you I also respect my national currency, but I hope Bitcoin will be more used and accepted where I live. Right now only a few know about its existence. By "only a few" I mean less than 5% of the whole population. Sometimes I think it's even less than 1%.
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Anyone that wants to obtain profits form gambling should stop immediately and consider what are you doing, especially in a game like dice where there is no way to beat the house, stop and think if after that you decide you want to keep gambling to get some fun that is ok, but don't gamble to get profits since that is impossible.
I think you are wrong , we don't always lose against house for sure and I agree that gambling for fun is better but I wouldn't say it's impossible to get profit and if you see around many people did make could profits but they couldn't control themselves and they ended up spending up all the initial investment and profits on gambling. the only thing you can expect in a game such as dice is a sure losing. no matter how much effort you put in this game , the result will always about a losses , dice is a place for losers. you should to know that to gamble in the long run is a real bad idea , my neighbour have lost 10 btc play this game, nowonder if everyone experience it too. I agree but isn't that the case for the gambling in general? You can win or lose in dice depending on your luck, but same goes for any game in gambling. Even in poker you lose when luck isn't on your side. So I don't think dice is in any aspect worse than any other game.
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Don't think so. I told my customers to sell at 245k. And this was a good move.
You probably meant 0.0245 and not 0.00245(which is 245k). Well, idk, even that wasn't a very good move because Dash is over 0.03 now. It's interesting to see how Dash is rising last days. I'm wondering what are the reasons for that?
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