If you can resist the temptation and withdraw your profit [or half of your balance, regardless of it being profit or deposit] then it's a better way IMO, the issue is that if you lose the remaining balance the odds of the player re-depositing the profit is quite high..
That is where almost 99% of the people who use gambling to make money usually lose, because if they win they don’t call it and satisfy with amount that they won they just keep going form more they are too greedy until they end up addicted to it and they start losing and they keep going in until they are left with nothing. |
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I choose casinos that members of this forum say it's good. I search on threads here on this section and in the another gambling section to see the best casinos of the month, the most reputable, casinos with faucets, giveaways, promotions.
The best hints about casinos are here, doing this I believe I'm pretty safe gambling without be scammed.
True, if you are going to start gambling it is better to check the gambling threads before in order to develop a good idea and look for reviews about where to gamble, but intend to only put my money on older bitcoin sites like Directbet the new ones tend to be just a scam, and I think you should stick to that as well. |
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Ethically, I guess it's wrong if you are using money that should be used for something else, house expenses, children's university education and if it's more than a hobby, Other than that I guess it's about your own beliefs and opinions.
You are right, but the good thing is I do not use my own money nowadays and I use the free bitcoins or satoshi that the casino gives. It is just my past time i think, though i am also hoping that i could win. Though the amount that I am gambling is a small amount, i am aiming to make it double, but i can control myself. And i think gambling is really wrong if you are not being responsible to what you are doing and losing. if you are very new in gambling and you are playing gambling using free satoshi. then it will make you addicted and after losing such free amount of money you will start playing gambling with your own money. so in gambling it is very must important to have control over your emotions. mean you must have full control over your emotions and they you can say that you are playing gambling in better way. If you are using faucets to gamble, I wouldn’t consider it wrong it is only wrong if you use your own money, but still gambling is wrong because it is not something that you worked for, if you get money from working you feel good about yourself and it feels more satisfying than winning a round of dice or sports. Still, it is a feel of definition for self satisfaction and obviously will differ among gamblers and that is the reason many gamblers are not still considering gambling as wrong. |
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For me, i play gambling because of sports betting, but no doubt dice is also popular game of gambling, and people definitely like dice, even i think everyone who play gambling he like dice. But also everyone have specific game where we want to use our skills and experience, so i think in this way sports is best.
Yeah the thing is with gambling there are types that require you some skill and analysis others just depend entirely on luck like dice, but like gambling in sports and especially live games for me lowers the chance of putting it all on luck, but it is more fun and feels more satisfying than the other ones. |
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I agree cryto will be future money, but it will take a long time before you can be rich with crypto, we need more user to boost the popularity and we need more transaction using crypto to boost the price, so we still need a lot of time to get rich with crypto
But I do not expect such a long delay for bitcoin prices to reach some levels so that I may turn a millionaire with respect to the amount of bitcoins I am saving right now. It is always being believed that the growth of bitcoin is happening in exponential rate. Hence we can expect huge price levels in real soon. I agree mass adoption alone will bring those magic prices still good prices always help to have rapid adoptions from new people. I guess both will happen simultaneously. |
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It’s a game of trust. The currency note in your pocket has some definite value of $1 or 100 INR etc because the concerned government has agreed to pay you that respective amount so you trust that the instrument possesses the some value and thus everyone other. Bitcoin is not different, people around the world have faith in bitcoin and thus they believe that bitcoin has a certain value of $1,000 and this mutual trust is known as value.
The value of bitcoin probably depends on trust, because if the community stops trusting bitcoin, it would become like other currencies who does not have trust among people. The only thing that makes bitcoin the best and different from others is the trust coming from the people around the world, the belief of people that bitcoin will always be of great value. The best thing is.. you don't have to trust anyone or anything.. you just have to trust Math.. And since math can be proven its a bullet proof concept. Its a currency backed up with Math and Calculation Power. Not always that it is always backed up with math, I mean if something goes up in the market and the price falls off really low. I mean math won’t fail you for the most part but there are things that we can’t predict and there are factors that we cannot intervene with when it comes to changing the price. There are lot of other factors which are usually assumed being beyond our control. |
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Gold has exist for hundred years even thousands
So it gives people feel secure guaranteed they will not lost the whole money in one night
While bitcoin still makes people insecure , they think bitcoin can disappear within a hour!
That's why so far people still choose gold over bitcoin.
It is a sure thing, bitcoin is still a new thing and people are still not familiar with it, and like any other new thing it need some time to shine and people start using it more often, gold is still a more stable than bitcoin since it is an international medium of exchange that has been used for thousands of years, but bitcoin is not needing that much time to become so. |
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The price for bitcoin is making circles and today it's growing again after some fast fall two days ago. I think it can be predictable that in some time it will drop again and you can start to prepare your money to buy some coins when the price will fall down again.
Yes range bound is being witnessed still these sustaining prices may bridge to another big rally. Many bitcoiners are still believing $1000 levels as a big resistance (in their terms it is "big targets") that is the reason we got struck into a range bound. But we can expect this circular movement to break at any time with a support some news, so obviously it is time to buy back more. |
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Bear in mind guys, that Lamoureux didn't specify when bitcoin will reach that $25k. He never said it will be this years, next or in 5 years.
All he said is that bitcoin will eventually cross that $25 threshold someday - and he might be right here, as I think the same.
The problem is it may not be in near future at all, but instead after next halving in 2020 or even later. So yes, he is technically right with his prediction.
No one is going to predict a market which is going to happen after 100 or 200 years. We need to be confident that bitcoin may hit $25k levels in near future maybe around next halving or well before too. Simply I mean to say, we need to analyze the supporting factors for those prices to happen rather than time line. |
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I can only see this price in dreams, on real life (on next 3-5 years) i saw it very difficult. Or dollar had a crash on its value, or Bitcoin is used by central banks as store of value (like now they have gold). I don't see it impossible (on next 2 or 3 halvings).
You have missed one very big factor, mass adoption. Other than dollar crash or central banks approval, this must be more influencing factor to support bitcoin prices to reach to any level even in millions. Actually it is already happening and bitcoin is getting ready to start flying then we do not need 3 or 5 years to see bitcoin prices reaching 25k USD levels. |
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No, I do not feel shameful, I even at the inverse feel a bit proud of this, in the sense that I am quite talented and manage to get some little profits.
During my gambling days, I also feel lucky, and most of the time I am winning, that is why I am not ashamed to tell it to my wife... But later on I lose one time and I realized that I shouldn't have proudly told it to my wife that I am winning in gambling, as she is always expecting a win from me since that time... Then I quit...  Actually it is obvious that we show off when we win and ashamed when we loose but in true manner we should feel happy or ashamed based on the true fact that " is gambling allowed in our religion ? " Because if gambling is not allowed in your religion then even if you make million dollars per day then its quite useless and should feel shameful. Though none of us follow the religion truly so what to say. |
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Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?
My experience with gambling gave me a lesson that you can't beat the house edge. You can win against the house but only for a short time like what others said because if you keep trying and trying you'll lose in the end. You are sounding like "in long run, every gambler will be facing losses only". It must be true as one day other when our luck is not favoring, we will face loses. It does not mean we never beat the house edge, but in long run or in consolidated results house alone wins more than what we profit. There will be no meaning on winning one or two times out of hundred attempts. |
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its helpful and fun if we can win like you but i think this strategy will not work for the other gambler except they have their luck like you. it seem you've got big luck while you were playing gambling so you can cash out 0.2 btc. it is hard to get much of money like you show in your video, but i think if the strategy can be used for every gambler then it will be good for us. do you play another games after you cash out the money and use the same strategy like in the video? what is the result?
I did the same thing on YOLOdice and went bust. Can see it here: https://www.youtube.com/watch?v=xq9NUITM4WgI didn't knew that site till this moment (yolodice ) but actually its nothing to do about the fairness of the site because loosing and winning are two faces of coins and I have lost a lot of times at rollin also which does not at all means that they have a rigged system. And friend please stay away from taking such risks as I see from video seriously lucky man. |
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Old gambling sites more have an experience regarding fixing the problem/bug and making a promotion. Yet new casino has a potential to be a trustworthy one like Bitsler did. When new sites coming up currently, and have any similarity I'm going to old sites.
i agree mate since old casino's already have more security and doesn't want to make their business in a such risk like ruined their name in terms of miscalculations or problem with giving rewards and payments especially when it came to huge winnings unlike new comers that we are wondering whether they can really provide honest support. But that been said you cannot expect the admin to be active when talking of trusted and old sites for example stunna. I have seen people crying for weeks before getting their ticket responded. But anyways the best part is they know that justice will be served even if late. While new sites admin is mostly online and also give rewards, etc. Example : bitsler and kingdice |
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Even veterans trade a small amount if the situation calld for it thats why you can't determine if the trader is a veteran or a beginner based on the amount they risk.
You must be right. Capital amounts that we are going to invest will not decide our experience. Maybe some people are still thinking like they can trade 100 bitcoins after they gain some experience with trading. But only with experience that they will come to know about the facts of real risk and how secure it would be if staying with small capital all the times. |
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bitcointalk forum is really the world largest popular forum about bitcoin and here is a lot of knowledge about to learn bitcoin trading and when i was new in bitcoin trading i also learn much more things about trading through this forum.
But I believe here we are just discussing about the related aspects of trading and not what is exactly required for fruitful trading. I may be wrong still there are lot of differences from actual educational materials and a discussions on those materials. Still, anything good for supporting a better trading must get its deserved appreciations. |
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I always assume there are some insight people (most probably dev team) who are manipulating those altcoin prices still I never think about joining them but I always think about not touching them for my trading purposes.
I'm always very careful while selecting my altcoin pairs to avoid problems from this type of any possible group. Thinking about to stick only with bitcoins because bitcoin alone shows recovery.
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In investing, whether you like or not, you can lose or you can earn money. Just like your fear, we must all face our fear, we must fight it. We all know that fear sometimes lead us to lose some of the chances. Like in trading, sometime, we must gamble our money to earn.
Sorry, I dissagree with you. I think the right trader is not do their job such as gambling. Lose money in trading is normal we have to know when we have to stop lose. Trading could be the best source of bitcoin but it still have risk. While I agree that we should consider losses as a learning event but I agree somewhat with op because see if we worry about losses then sometimes we can make rush decisions like when I was new in bitcoins and I bought some bitcoins then the price went a little down and I got terrified and sold all while had I just waited a little and never thought about loss I would have been quite rich right now. |
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i would like to know what do you think of this news media
I am following few crypto news sites regularly and I have activated their pop up alert options on my chrome browser. But when I do see any sudden fluctuation only where I do check for latest update is google search and almost every crypto site covers almost all prime events so just following one or two will be enough imho. |
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Credit cards are just a type of loans and banks provides that only to well-known and trusted customers whereas lending business will be successful only with proper collateral. If you think you can combine all these with bitcoin debit card service then you may start working on this.
I guess there will be no need of combining these two industries. Because we are already able to get bitcoin loans and there are many bitcoin debit card providers. So, get loan and load your debit card. That's all. @OP: Bitcoin credit card will not be an easily business as it sounds similar to bitcoin debit card services. We need to deal with lot of scammers for running a bitcoin based credit card services. |
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