Actually it's totally different,
even though its name was Cryptocurrency,we can not compare it to actual money aka Fiat.
if we want it to be considered as a 'real currency' we should have a physical form.
right now the best word to describe it is 'Electronic Payment' not 'Electronic Money'.
'Electronic payment' was a tool for people to help them send their money across the world,
it's just a tool and will never replace the real 'money' itself.
Definitely the two was so much different to each other,when we say electronic money or much defined as money store it is used making transactions by the helped of the internet and it won't demand bank account settlement while physical money from the word physical it can be touch and feel it. Mostly cash used by everybody for buying and paying their bills as we all knew that not all people using the digital or electronic money. |
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I said wait for it is the proper or the best that I can do now for my bitcoin and altcoins, I am here to earn big profit not to be a weak investor so that I will loss and regrets in the end. I don't depend my needs in here so I don't have to hurry and sell it. The one who waits or HODL are the one can have a succesful life in crypto.
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I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Even how much i want not to peek in my bitcoin wallet I still have the guts to do so , I am little disappointed when it continue to drop but the least I can do now or most probably for everybody is to hold and wait. |
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Hi,
I'm from Poland and in my country it's illegall. Could you tell me how it looks in your countries? What's with taxes?
In my country Casino is legal it is like a big gambling house,most of the players in there are rich or known people that is why when you are inside in casino it is not allowed to take pictures for the privacy of the players playing in there. |
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there is still much confusion about the definition of gambling, including me. Especially about the difference between Betting and Gambling, despite the fact that I think Betting and Gambling it is the same thing. So here I want to know "What is the most correct definition for gambling?"
For me the two has the same meaning it engage both money. Gambling and Betting are hoping for luck also both are risky ,because in the game you cannot assure your self if you will win. Either the two can make a person's life a mess for most of the time they will be addicted to it. |
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My plan for this year is to keep on holding to my bitcoin and altcoin. I also want to look fo another funds so I can invest some btc and altcoins which can give me a potential to get big profit. I am also planning to try in trading if I can have big funds for it.
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I love bitcoin because its the crypto currency and its the king of the crypto.
It hasa lot of use cases.
I can exchange it to any other crypto.
Why do you love Bitcoin?
Why are you interested?
I love bitcoin for it given me a good benefits especially to people who can't able to look for a job, just like me I am a stay at home mom and wanted to earn extra income . I am so thankful that I learned bitcoin for it fullfil half of my dreams like to get a job aside from being a mom and to earn extra money. |
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As far as I observe bitcoin is still unstable there were times it rise and go down quickly but as of now bitcoin really fall down,some investors grab this an opportunity to buy coins for their additional investment
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It is normal to felt bad when we saw bitcoin keeps on going down but it will be more worst if we sell our coin, this things happened in crypto is too normal no need to get panic in this situation for everything will be okay soon,just keep on hodl.
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Lucky me that i don't experience any worst moment in gambling. I seldom to gamble since i don't want to get addicted to it i know some of my friends who has now a problem how they can go out in gambling they are having trouble with their family, got broke and i don't want to be like them . I learned from others mistakes.
My worst moment in gambling was when I had bet all my money that I have earned as my last payment before getting fired from my job. It was probably two years back and I had been playing the dice game but at that time due to financial pressure and my unstable condition I had to face a loss whereupon I thought that it would help me to double my money as I was in great need at that time. That's a bad move mate gambling can't help you solving your problem in money it would make your problem worst but it's been done I just hope you learned from what you had experienced. |
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While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
Yes you are right, this is the reason why most of the professional traders are really rich because they knew the correct strategy, so just keep on holding your coins whenever there's a huge dump of coins in the market in order to avoid of losing much more profit. I agree too,we should not get panic and always put into our minds that bitcoin will rise again. Patience should always be there for us to get big benefit in bitcoin. |
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I have been away from the forum for a very long time now, and now I am seeing lots of different features, like the merit, fmerit, karma, virtue etc. What are these all for, can someone please explain to me, or give me a link where these are all explained. Thanks.
When I saw that features under my name I immediately asked my friends what is all about ,some told me it's a new system for the members to rank up and some don't have any idea and then just yesterday my friends pm me it's APRIL FOOLS. |
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This was the discussion topic we were having last night, a bunch of gambling friends and one of them an expecting dad. There were counter arguments that his child also would turn out a gambler like he is.
The arguments were that it is his in his gene and that'll pass on to his child, since every one in his family was a gambler.
The counter argument was that the child would make a logical decision and genes won't play any part in this.
Which brought us to another important question what if turns out a gambler would they both play together. Would he be comfortable?
Amid this he walked out and texted me he didn't wish to gamble anymore, so wanted your views on this.
Yes,to be a parent is also one of an aspect or reason to a person to change for better but I can say it is 100% sure because in my country since gambling was not that illegal and it is everywhere there are still plenty of people who are already a parent but still they stay as a gambler and some hoping to get profit from gambling which is very wrong. |
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It's never too late engaging bitcoin there are still lots of people who just started here and still get some profit and I think if you are planning to invest it is much better to start now while the market is still in dip so you can buy btc in a lesser price and sell it in a higher value.What is important to be in crypto is you have a long patience to wait and don't be a panic seller so you can meet the profit you want.
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i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???
Hi!mate just relax and have a long patience in holding your bitcoin,true it might give us a heartache watching btc keeps on falling down but as long as you don't sell it you still don't lose try not to keep on checking the price at this time and just don't be panic seller,time will come btc will recover and it will give you more profit soon. |
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Bitcoin does not provide income. You may profit from your speculation, but it is not income.
Furthermore, gains are not guaranteed or even consistent. For example, people that bought in December at $19k are going to have to wait a long time just to break even.
Precisely bitcoin may an additional to your income or profit but relying all the daily needs on it won't be enough especially when you have your own family. Bitcoin is not stable so when the price is in dip we need to hold it longer so we can be sure to have a larger profit and in that case if people depend on bitcoin the family will be very pitty .It is much better to have a stable job aside from being in crypto.Never think or treat bitcoin as the main source of income. |
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A lot of people wonder what is the criteria of a good gambler, here are some of my thought about good gambler
a good gambler never chase profit
Profit might be the first reason why people gamble, but a good gambler never attached to the profit, the most important thing in gambling is excitement and fun experience, having profit is just the bonus
a good gambler able to control himself / herself
Self controlling is very important in gambling, without a clear mind there will be a lot of mistakes in betting and even causing reckless betting and losing all of the money in split second
a good gambler know when to stop
Setting a limit is very important in gambling, setting a lost limit will prevent you to over spend your money and setting a win limit is also important because in the long run the house got a bigger chance to win due to the house edge
a good gambler never cause any problem to the surrounding
A good gambler know that the chances of losing money in gambling is huge, so a gambler should never used daily needs money or borrowing money to gamble, and a gambler should never think of robbery or stealing to gamble
a good gambler can accept lost
When losing a good gambler won't blame the surrounding, cursing or accusing the casino as fraud places, losing is the half part of gambling, if you can't accept lost then dont start to gamble
a good gambler should able to manage the time
A good gambler know how to split the time for family, for friends and for gambling, a good gambler never neglected family or friend just because of gambling
We must encourage people to become a good gambler, so people won't always have a bad judgement about gambler
Well said mate everything you've said was so helpful for a people who just started or planning to gamble, they will have guidelines to follow so they can control their selves to be addicted in gambling and losing. |
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Rich people do gamble for it also their ways to feel relax and enjoy their selves. Most people who gamble in casinos are really rich which are millionaires they are not there for chasing profits but to spend their time to have fun not like ordinary people who go there hoping to get jackpot and sometimes ended their day losing what they had.
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I never heard someone quit their life when they quit in gambling for me that would be a great choice to quit and to have a new beggining in life.
Maybe people commit suicide not just because of gambling maybe that person had so much problem and nobody helped them . The support of the family should be there to give advice and so that person in trouble won't think to kill their selves.
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