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2161  Economy / Gambling discussion / Re: What keeps you coming back??? on: February 23, 2017, 10:00:22 PM
Many people comes back for the urge of getting back what they had lost. And also for having that sensation of winning that anyone can be addicted to, also the fun of gambling. I did came back to gambling when I am so naive not knowing what I will lose in the end. I want to get back what I had lost and it is really fun in the first. But it did not last. I lost my money and did not even think of what doing next.

Base on my experience, there are two reasons why we keep on coming back from gambling and the first one is what you have said for the hope of recovering the losses. And the other one is you just simply missed the game on how your hands is very itchy to gamble because you used to it and you can't able to move on if you won't gamble for a day.

Well it is also based on my experience and that really is what I felt. I came back do it for that 3 purposes. It is fun winning and you will really craved for more. Especially winning a big one. I also missed the fun gambling and it is related to winning. You win big, you enjoy it better. And after that gamble, the fun that you have. You really want to go back and remake that sensation and you really don't realize that you are losing all your money.
Actually the main reason for most of us to come back in gambling is fun and that makes gambling really fun despite of the fact that we are losing. If we feel we are not making money then we can simply stop but what happen is we cannot resist the temptation to gamble and we really want to entertain ourselves when games are available, it's becoming part of our daily routine already but I am still proud of myself as I can live even without gambling.

...and when it is no longer fun anymore, that is the right and high time to stop. There is really no point in pushing yourself t play anymore if you don't have fun and is already uncomfortable with the amount you are losing already.
2162  Economy / Gambling discussion / Re: MY gambling strategy to limit loss and make btc on: February 23, 2017, 09:58:46 PM
My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

 Firstly 0.01 is not sure to give you .001 always and you don't cease to gamble once you get 0.001. You are sure to gamble on any place other. If you are able to self control yourself really good for you.

Thats right. I cant stop myslef if i won .001. I will bet and bet until i cant win bigger than that. But what happens next is the important thing. If i lose maybe half or quarte of that, i will stop. It is easy to stop yourself if you have control and experience. Try to really control yourself especially to gambling.

I agree with you mate that is easy to stop when you already have control of your emotions. But to most people, it is really easier said than done - because when they are on the situation where they are on a winning streak, they tend to be greedy and is tempt not to stop.
2163  Economy / Gambling discussion / Re: Is Bitcoin the future of online gambling? on: February 23, 2017, 09:53:03 PM
Yes I think it is the future of online gambling because its easy fast and also very reliable I think it will be accepted more and more.

That is true mate, it is the future of online gambling - it is indeed the most advisable and the most convenient way to deposit for your bankroll and not to mention its anonymity.
2164  Economy / Gambling discussion / Re: Trading vs Gambling on: February 23, 2017, 09:48:49 PM
Trading is way more better than gambling. Maybe they both have some risks but the risk in Trading is not that big like the risk in gambling. Winning and earning big in gambling is just once in a blue moon or just based on your luck, but most of the time, you lose a big amount of money before winning it back while in trading the risk that you are going to face is being Scam, but the earnings here in Trading is great if you do have legit buyers.
i think if you are expert and skillful then you will never get a high risk and if you have a knowledge about gambling and trading then i am sure you will never face to high risks because there is a lot of people involve in gambling and they are earning profit with stable position.

For expert traders, I believe from time to time, they are also getting high risk trade once they have fully calculated the risk and equipped with knowledge of where the market is going.
2165  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: February 23, 2017, 09:44:32 PM
At the beginning I played for profit,but I realised is very hard to make profit.Now,I play only for fun.

Kodus to you my friend! It is good that you have learned it fairly early and applied the lessons you gained. Gambling mst be played for fun and entertainment and not for profit - unless you want to become a professional gambler, which by the way, is not an easy job to do.
2166  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: February 23, 2017, 09:41:26 PM
Need to be lucky to have profit in long term. Few gamblers can have this profit, most gamblers will lose money, it's inevitable. The casino needs to make profit and if players don't lose money they won't earn money.
For me it's not a good idea to try making this profit, there is a very low chance to become one of the few rich gamblers and I don't want to lose much money trying this.

i agree with this and only the casino and few gamblers will make profitable in long term unless that person have big luck in the gambling games but its not possible to have luck in every time we've gamble. i think we can not expecting to get profit in the long term and only playing gambling for short term.
yes i also agree that gambling can be  profitable but for those people who know the tricks of gambling those people who have good experience and skill of gambling and those who are also lucky enough.
It's my goal but it's really hard to achieve it, I think if we were gambler for many years and you did not see even a little improvement you will realize that gambling is not really for you to give income but rather you can think of just doing it for fun.

Gambling can be profitable for those who have passion in doing it and focus their time to improve whatever method they experiment but for some of us who cannot even control ourself it's impossible.

I could not agree more with you mate. Gambling is really profitable specially for professional gamblers who have invested their time and money in learning some professional skills in gambling.
2167  Economy / Gambling / Re: BETTING SITES TO AVOID on: February 23, 2017, 09:35:38 PM
satoshidice.com suddenly turned out as an investor scam with over $500,000 defrauded + account balances magically disappeared in the height of some 100s Bitcoins: SatoshiDice Investor Scam

Please people - be conscious and aware that there are really scam sites out there. Please don't invest hastily. Before you are even going to invest, know the level of risk that you are going to take and ask yourself that you are ok with it if things go wrong.
2168  Economy / Gambling discussion / Re: How to quit Gambling for good? on: February 23, 2017, 09:33:02 PM
How does one Put down Gambling for good?
try to make yourself busy with other things that would keep you distracted,
So that you could stay away from gambling or stay with your family and friends.

Earnest intention to quit is the most important thing when we wanted to leave gambling. Doing other stuffs and keep busy on it will help us to gain our intention.
It is not likely a way to quit gambling for good because when you are free or do not have anything to do, you will certainly think about gambling again. The best way here is to attend some classes which teach us how to control our body and mind. It is very effective because with the knowledge you obtain from this class, you will develop yourself in many ways. Therefore, you will know the exact way to quit gambling

Right.. I guess the right question to ask then is this: how to quit the addiction of gambling and not the gambling itself. Because gambling is a good source of fun and entertainment and a good reliever of stress from a hard days of work - well, if played moderately and with the bankroll that we can afford to lose.
2169  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: February 23, 2017, 09:27:09 PM

There's no easiest way to make profit from gambling unless you are the casino's owner.

Even casino owners are having difficult time to make profit in the first place. Because they need to promote their site and they need to build their trust. But that is going to be worth it when everything was setup already. And yes they will be the ones who are going to have the easiest way of earning in gambling by simply monitoring and managing their site.
Correct, there is a lot of competition in the online gambling world now and its not easy to build trust to bring in new players.

And they need to do a lot of advertising, events and other giveaways to make their site known. The investment that they are allocating in able to get good future profit is really tough, we just can say that they are the ones who are easy to make profit from simply being the owner. But in reality, they went through different hardships.
- Making money is never easy, every job has certain difficulties. We should not consider subjective problem
- Online gambling also have difficulties. Owners also have different risks

Is gambling really a job..? I do not think so.

Owning a casino, yes, includes some risks like someone finding an exploit and stealing all your money like it happened to PrimeDice or someone being very very lucky and winning your whole bankroll. It's usually profitable but it doesn't always go 100% perfect..

I don't also think that gambling is a job unless you are going to be employed with an online or physical casino and you are working there. And I agree that there is an easy way to make money because it always get's each day. Those people who are making an easy way to profit are pro's and there are also some that are earning an easy money not with gambling but letting themselves involved into illegal things.

Well, if you are heading to becoming a professional gambler, then that is the time that gambling will be somewhat a job for you because you are giving all your focus and time to gambling.
2170  Economy / Gambling discussion / Re: To Gamble or To Invest? on: February 23, 2017, 09:24:33 PM
I am going to do both, to me, the trading and gambling is almost the same, there are opportunities to win and lose. for a percentage of gambling is 70% and 30% for trading.

I guess you need to change the percentage upon doing trading and gambling. Because putting more percentage in gambling is going to make you lose a lot while in trading you only have smaller chance of returning big profit. But its up to you, I'm just saying that if I were you, I'm going to make it 70% for trading and remaining in gambling or you can do a 50-50.

Trading is almost the same with gambling. There is some fee in trading and the owner is guaranteed to get profit from it however it is still much better to just invest in a site because you are guaranteed to get profit, it require quite a long time however pretty sure that this is a much better option then the other two option
The focus now if one is planning to invest in casinos bankroll is to save money, he need to raise a good amount of capital to put as investment. To minimize the risk, it is important not to focus with one site only, diversification must be done and that is necessary.

The gambling industry is very profitable in general, but we do not have the control on the minds of the operators or gambling site owners, so let's diversify.

correct! we should diversify by investing to various number of reputable online casinos that accept investors in their bankrolls. Putting all our eggs in one site is very risky because we don't have any fallback in case something undesirable happened to the particular online casino.
Diversifying is a good suggestion but that is also suggestible to invest only in best casino like which have a longer history of positive trust while he have to remain away from new casino as no one know about the future of these new casino.

Diversifying to invest or gamble to not credible online casinos has really no point of doing - you are not diversifying to minimize risk on this but you are indeed maximizing your ris of losing all of your bankroll.
2171  Economy / Trading Discussion / Re: I quit trading on: February 23, 2017, 09:22:03 PM
That is because you are a day trader but if you are just going to buy and just hold, that is still trading and you don't need to put so much effort with your trades. In that way, you will no say anymore that trading is so tiring. You can still get profit even you are not going to monitor your trades all the time, you just need to wait for the price increase.
This is a nice suggestion, but for now i'll stick with my strategy as a day trader. Maybe i'll do it later if i can't trade daily anymore.

If you say so, I can't stop you with what you love to do. Good luck to your career as a day trader. You are free to do it anytime, that is just my suggestion and wants to help who are willing to adopt other type of strategy when it comes to trading for those people like you.
Yes, sticking with trading or quitting it must be done solely based on our decisions. This decision also must be taken based on the experiences we are learning from trading. When a trader is capable of booking more profits he will never think about quitting similarly switch trading type also must be done after some analysis.

Yeah when you are already earning good amount with trading for sure the word 'quit' is not going to come to your mind anymore. Because that is giving you benefits so why there's a need to quit for it. And also if you are going to quit, that will be one of the regrets in your life when you see the price of bitcoin is on top in the future.

I guess the primary reason why people quit - not just on trading, but in all other profession is that, it is not for them. No matter how hard they try, it just won't work for them. If it works for them, they might not happy and find things which makes them happy.
2172  Economy / Gambling discussion / Re: do you like slot games ? on: February 23, 2017, 09:19:57 PM
I dont like it because it is hard to win in that particular game. Much I like is playing the bomb box like satoshimines. It is good to pla in that particular game because it is easy to win in that game. You just clicking the box and avoid the bomb and thats it you win or you lost in the game. So try satoshimines it is very easy to play.

yeah it's true, you don't have 50% chance like with dice, to have all the slot with the same element you need a higher luck, the probabiblity to hit all the 3 slot is 1/64

that is true but also the amount you win is different too. in dice the amount you want to win is simple set by the multiplier and can literary be anything you like.

and also lets not forget about how slow playing slot games are, you always have to wait for the animation to end. but in dice you just click roll and see the result right away.
It's fast so we can easily determine the outcome of the game, if we are lucky that is good so we do not need to waste more time before we can enjoy our winnings. There's a reason why dice is very popular now, people love instant result and the provably fair does the thing to convince us to trust the game and be hopeful that we can win based on our luck.

The problem I see in slot games is that, it is really base purely on luck, period. We cannot really employ any strategies to at least mitigate loses and gain some profits in gambling. I rather prefer the latter in my humble opinion.
2173  Economy / Gambling discussion / Re: Gambling addiction. on: February 23, 2017, 09:17:41 PM
Why is someone get addicted to gambling once he gamble ?

Perhaps,  they may have heard to some of their friend in gambling you will become rich, that's the thing comes in their mind which leads them to become greed in the money, but unknowingly their interest was already there for them to become addicted in the games while doing gamble in the gambling sites.

Nope that is not the reason why they are addicted.  That is the reason why they are attracted to gambling but being attracted and addicted are two different thing.  Addicted to gambling are caused by the the hormone produced in the brain, that makes the person rely on the substance to alter their mood.

The reason they are attracted to it is probably the prime reason why they become addicted to gambling. Unless they are able to control their emotions when gambling, then everything is really fine.
2174  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: February 23, 2017, 09:16:09 PM
When ga!bling get serious it becomes a compulsion and that is when it can become a sickness as many people fail to control their compuwions and give in and gamble till they broke or get themselves into trouble le through addiction and chasing those losses doesnt help and makes it worse and more difficult to get over.

When you can no longer control your emotions and you are losing big already and even used your personal and family savings, then that is the time that you will gong to mess with not only your own life but the future of your family as well. Just gamble for fun and play safe at all times - do not be carried away by winning streak.
2175  Economy / Gambling discussion / Re: Dice game strategy? on: February 23, 2017, 09:13:38 PM
That's right, there is no way to play a dice game with the odds being 50/50. The house make a profit by getting a "fee" in addition to their 49% of the winnings. Sometimes we get lucky but most people lose money. I have had long winning streaks but then the next day I will have a long losing streak and lose everything I gained the previous day.

Even though the odds are against us, I still like playing dice games. I like that we have a chance to win even though we may still lose. The key is to not let it get out of hand. I don't bet with more than I can afford to lose.
That is the basic rule you have to follow if you want to last, gambling is not easy as we think that we can get money and consider this as a source of our income. We have to think that the best way is the safest way, and that is to play it for fun only. Since there is no strategy that would work in the long run, you will never get success if you stick with your intention to be profitable.

By doing gamble in the gambling sites, we need to be careful anyhow, because if become careless no wonder in the end we might lose more of it. And nothing difference even I transfer in other gambling site where to play with because every house edge are most preferred to protect the market, just Important is if you play dice whatever amount you bet if loose double your bet in the next round until you win, then back on the basic bet amount you started.

In short, we should always remember and bear in our minds that gambling is design for the casino owners to win because that is their business and you cannot stay long in the business if you are not earning any profit at all.
2176  Other / Off-topic / Re: Save you Bitcoin for your (grand) child / children? on: February 23, 2017, 09:11:29 PM
No doubts. It could be a good idea to set aside a small amount for grandchildren.
I hope that the development of humanity will step into the future for as many fast that the grandchildren or great-grandchildren will not need anything. While agree that bitcoin savings in the future will give a very huge profits for our descendants.

Well its debatable if bitcoin will rise or fall in near or far future. But it wont hurt to save some for future. But how much is better question. Because if you save small sum for grand children maybe it will be too small amount, I dont think that bitcoin will rise that much so that you can for few bitcoin become rich in future.
Thus still profitable to keep bitcoin until a certain time, namely for the high prices, but already there to be seen, who would get the coin. The main thing that prospects were good.

I believe that Bitcoin will be much more expensive in the future. and it's a good idea to take care of their grandchildren and keep them some Bitcoins.
but so far I have no way to do it. I do not have grandchildren yet

It is same with me, i mean i don't have grandchildren yet. But i do think that it is good idea to leave some bitcoin for future. I know bitcoin is too unstable now, but who knows what will happen in future. Maybe it will worth small fortune or maybe it will die in about 5 years or so. It is too unpredictable for now, but i will save some even if it goes to waste.

Correct. As we have all witnessed it, the rise of bitcoin from couple of years ago is very high. This is somewhat very promising and I just don't know how far or high will still going to reach. Saving for the future is good but to be honest, there is really no big guarantee.
2177  Economy / Gambling discussion / Re: What is your gambling strategy on: February 23, 2017, 09:09:23 PM
Small betting amounts is preferred as I cannot afford or borrow through lending services after losing a big amount in a single shot. Several incidents I've felt that if I've placed a big amount I could have won big, but everyone doesn't get the possible coolness to risk big.
Of course, by saying small amount that means it will not affect us so much every time we lose and close definition is, it is just a little portion of our income. It's better to bet small amount as that will represent you are only doing gambling for fun and will not make you rage when you lose. Losing is already a big part of our experience in gambling but what makes us still doing it is we have to be more matured and accept it easily.

That is really true. But in reality, it is also more fun and entertaining to gamble with big amount of bankroll - but this is really risky though, better gamble only a portion of your money that you can really afford to lose.
2178  Economy / Trading Discussion / Re: Trading is unpredictable job. on: February 23, 2017, 09:07:47 PM
The fantastic bitcoin performance is not really a gamble anymore, it has shown that all the people that just hold keep making gains. It's funny how the people that got their funds locked in the chinese exchanges have made more money by being forced to hold due the PBOC regulations. The moral of the story is: hold.
But holding bitcoins is being classified as investment hence it is not facing the difficulty of unpredictable nature of markets. Unpredictable is a challenge only for traders not for investors, that must be the reason for performances, you have mentioned. But in contradicting strategy, to overcome the unpredictable markets, the only easy weapon must be holding for long haul.

Even holding helps to get rid of the challenges of price fluctuations, it will not be a preferable strategy for many traders as most traders are not preferring passive trading.

Active trading for a highly fluctuating market finds extra edge when we learn strategies to tackle unpredictable market movements.

Totally agree with this. There are traders that really want action and not just passively trading slow with no excitement and execution of trading skills and strategies. Trading is somewhat a personal validation of acquired trading skills and knowledge with the market - hence a source of self worth and pride as well.
2179  Economy / Gambling discussion / Re: Why is gambling so addicting? on: February 23, 2017, 09:04:36 PM
Major causes of gambling addiction is:
- Many people have trouble in life and they see gambling as a way to get out of a difficulty
- A lack of entertainment area suiting with their interests, so many people have to gamble
- Gambling is a way to escape the problem (alone, lonely, bored, ...)
- Many people think that gamble will have a lot of money
- No job, unemployment
- Feel get money from gambling is easier than go to work
- Lack of love and care from the family
- Difficult to integrate in the society

Pretty much false, the major cause is still your own fault for not stopping when you have the chance. Everyone has the chance to stop however only a few actually stop when they feel enough while the rest will keep on going until they lose, point is that we control everything that happened in our life if we make the right decision

Stopping when you are having a winning streak is very hard, to be honest. This is so true with new gamblers but to professional gamblers, they know when to hold and when to run, as what the song is saying..
2180  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: February 23, 2017, 09:03:01 PM
Gambling should be used as a form of entertainment and recreational activity when you are away from work.

Some people are gambling when sitting in the office, trust me on that. Smiley

It gets to be wrong when you are laundering money through a casino which can get you into trouble or jail most likely.

Not only because of that gambling can be wrong. Actually you've mentioned a rare case. Mostly gambling is wrong when someone becomes addicted to it and loses money or time or both to to this activity.
Yes, people do gambling in office, but they will not play in work time. When they get free time, they will play some games in gambling. I am also in this category. But I will not play in front of my colleagues. When I am alone in my cabin, i will play. And very rarely I will open gambling site in office. And the gambling is not wrong, but addicting to gambling is wrong. 

Agree with you mate. Gambling is definitely not wrong when you are just playing with it for fun and entertainment. When you are already playing almost everytime and addiction kicks in, that is the time that gambling is really a no good hobby.
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