One does not go without the other.

I mean, if you want to create an efficient money, spreading and beeing widely used, then you must allow people to "play with", at least a bit.

Currently, money does not only serve as value index. It is also a tool to make profitable bets. It can jeopardize the currency in itself but you can't go against it.

The huge difference between bitcoin and other currencies is that you have a real tracking possible for the first, preventing big players to create their own rules.

Hey,

Consider your wage. You may receive it monthly in dollars, euros, yens or whatever other currency. You are going to spend a part of it on your rent, food, clothes, and so on. But you may not spend all of it. Either because you want to buy a car, go in holidays or just make some savings for your old days.

For the government, the purpose you use your money for is completely uninteresting. If you save 100% of your wage, you still have to pay taxes on it.

Well, when you sell bitcoin for fiat currency, what governmental institutions see is that you have earned money. And such money is subjected to taxes, whatever its purpose! 

Ahahahahah
Ok I like the idea xD

But the real problem is that most of the time you can't bet against a special bet. Sure if you get no luck it's good to know what you bet and not doing that. But if you bet that team A loses, and I bet team B loses, the game might be a draw and we both lose

Hi,

There is actually a huge difference. When there is a bubble bursting n the real world, it concerns physical assets: houses, firms (dotcom bubble), raw materials or even tulips. All these things share a common characteristic: they only exist in a limited quantity. We are living in a finished world. We can pursue the dream of continuous growth, but it is just an illusion. The planet has limited resources and at some point, it is impossible to produce more. Once every inch of soil is covered by a house, you can no longer build houses. The only thing you can do is destroy former houses to build new ones.

And when you do that, you must first decrease the value of such good, so that destroying it is not too costly.

However, all this is not true for bitcoin. The value of bitcoin is increasing because of its very characteristics of creation. We need electricity to produce bitcoin but should we produce less power, then the process would be longer. Not anihilated.

Maybe, we will see a bitcoin bubble burstng. But it will have nothing to do with how the money has been designed, rather because of large, greedy institutions, following only their own rules!

What you say is true..

And it is also actually sad because things are bouncing back. Banks are entitled to make whatever investment they wish and housing prices are not bind (wheter up or down).

But I guess that you think the same about the bitcoin, right? The difference here is that there are technical and computational limits that cannot be ignored by people, even though they are rich, influencial, powerful or the 3 at a time. I do not say that bitcoin can make everybody rich, but I sincerely think that it is the safest place for bet and trading that we currently have.

Hi,

It is very hard to make gambling profitable. Is it better to gamble low amounts but very often or shall you bet buckets once in a while?

I think, this is either related to having luck or being willing to learn and play as professional. This is not by chance if there are more and more people trying to "turn pro" at poker.

Hi,

To be honest poker is a more profitable game. Because in poker games, luck is not so important. What is important is your strategy. You can learn how to play poker, you can learn from your mistakes. It is not you against a machine but you against another player. So you can actually improve your game.

However, for bitcoin, I admit I prefer gambling through dice websites. First, because it takes less time and then.. The house-edge is very low so either you gamble with much money or many times, you can have a very high return. You can really win huge amounts of money. In poker, you need luck, strategy, reflexion..

In dice, you just need to try! 

Bitcoin has no current impact.

I mean, of course there are many people buyng, trading and playing with bitcoin but come on. For the moment it has no significant impact.
Proof is that in most countries, bitcoin and its community is simply ignored by the government.

I do not say that bitcoin has no future and will never change society, I affirm that changes are slow. Please, stop believing that bitcoin is a huge change, completely disrupting society. For the moment at least!  

Hi,

Bitcoin gambling is successful because it is easy, fast and leaves no tracks (regarding who bets, of course operations are tracked).

Why is it so successful? I guess it is also because a large part of bitcoin community has this mind spirit of "trying to make the most of it". Most people start investing in bitcoin not because they believe in it but because they see an opportunity of profitability. Then, they stay for the potential of societal change carried by the crypto-currencies.

Bitcoin users are deeply players!

Hi,

Crypto-currencies are definitely a huge challenge for economists and economic theories.

In most theories, the basis is about "pure and perfect" market and competition. This cannot be true for bitcoin! Plus, the bitcoin can be created only in limited quantity. So people/governments and so on can no longer play with it, creating or destroying bills and coins, in order to make its value change.

Business schools are, sadly enough, far from questonning these issues for the moment but it would truly be an interesting matter!

Hi,

My opinion is that bitcoin may help Greece but the issue is deeper. This country has a structural problem with its economy!

Bitcoin is not a fairy, creating wealth and ending up problems. Bitcoin may be part of the solution but it cannot be enough in itself.

Bitcoin is not a miracle creation, it is a technical improvement!

Ok so you want an advice on how to get better?

First thing first get rid of that welcome page. Wtf is that shit you get? This is bitcoin, this isn't fiat world.
You don't welcome clients by asking them to login or register.
They just don't like it...
Tons of website manage to keep privacy and the first thing you ask is for people to subscribe?
Please...

Lol you're asking that for 5mBTC? Well congratz but that's barely 40$, I don't think you should ask so much for that. Just go to any casino you find a bit... Fancy and play here. There is no reason to put special research especially as with 5mBTC you won't be able at all to use the promotions and bonuses that are linked to a certain deposit amount.

So just click on my sig, bet the 5 mBTC in an all in *100 and if you win then you can ask the quesiton again

Casino investments are in themselves quite good. Of course whales could come in a get lucky but overall you KNOW mathematically that you're supposed to win. And there are very few investment opportunities that can provide something like that.

But the problem is that it's not your casino. So it's not your game. It's not your bankroll and... Technically it's not you money.
So casino investment is good but you have to TRUST the site and the person behind to just not leave with your money in their pocket.

Yup it can, by keeping you away from it 

You got only 2 types of games: against the house or against other players
Against the house there is no need for maths or anything because you're just going to lose. Maths are just going to tell you exactly how much and how fast that's all.
Against the players here it can be useful. But the biggest part is about yourself and not letting  you tilt cause you can be as good as you want when you start to tilt you lose.

Ok so what you people more or les say is... BTC is not better than Monero in any way it's just more famous?

Isn't that a bit sad? I thought I misunderstood something or that I missed something important...
That means that when you give people the choice they just choose the most famous coin and not in any way the best?
That's just... Sad.
I hope there is another reason for that otherwise... Well I'll go all in in Monero for a start and I'll bit very upset about btc ^^

Hi,

My answer may be quite surprising but I would say: don’t be greedy. You can make profit with bitcoin, but as in poker, it is better to take your time and make “sure” movements.

Maybe, at some point, you will thing “I should have bought right before” or “I should have sold after”, but you can ensure steady profits through the forecast of long-term trend. Nothing can be assured but if you bet small and steady, I think it is your best chance to increase your profits!

Otherwise, casinos and other gambling websites can be interesting (their margin is generally around 1%) so you really have a chance to duplicate your btc!

Hey people.

So I'm quite an old bitcoiner. I'm not going to say that btc is dead or whatever.
BTC first strength is its fame, the fact is that everyone know about btc cause it's king and first crypto ever.

But I have a question: is there anything that objectively makes BTC better than Monero?

After checking I don't see any cons to Monero:
-Better privacy
-ASIC resistant
-Automatic scalability

I don't see any cons. I get why BTC price > Monero price  simply because BTC has more fame, but I don't see any real technical reason why it's the case.

Am I missing anything?

Hi,

Maybe the initial developpers can appear as the "face" of bitcoin in order to spread the idea to the vast majority of people.
But nobody will "represent" the bitcoin in itself, ever.

Anyway, bitcoin is rather an idea, a concept, than a concrete thing!

For all governments, the question of legalizing bitcoin is harsh...

Because indeed, it is used for money laundring and for the moment "bitcoin" is quite related with "darkweb" and "illegal matters" for the public opinion, mass medias and.. well, governments.

For the moment, all the governments are more or less chosing either to ignore bitcoin or to make it illegal. It is easier for them, as they are perfectly aware that there are many operations out of their control, yet happening on their territory, allowed by new technologies (not only btc).

At some point, they will no longer be able to ignore it or simply ban it (due to, you know, international operations, vpn and impossible control). Russia will do as the others. Except that, if the Russian community is large enough, they may be able to make it happen soon...