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2201  Economy / Gambling discussion / Re: In gambling, Money is more important than knowledge and luck on: August 07, 2016, 06:37:03 PM
I would like to say that knowledge is power. So in having that knowledge wouldn't it be the only thing that you need to out do the casinos at their own game?
Sure luck can play a role in you winning or losing but you can not rely on that all the time.
I try not to put money on a pedestal because as my great grand father told me once "Without your health money is nothing to you in this world." There is always ways to make some money but without your health (mental health not just your body he was talking about as well.) you don't have the resource to be able to do that.
I agree with you as knowledge can help you a lot while placing a bet and not only in casino games or sports, sometimes it helps you in other games too like dice. There are some people who are experts in permutations and combinations who always are able to guess the next number and it helps them a lot. Luck is not in one's hand and money needs to be managed well.
2202  Other / Off-topic / Re: What can i do with 3 Bitcoin? on: August 07, 2016, 04:55:27 PM
instead of trading there is no option to covert 3btc into 4 btc .
but as an alternative option you can invest your btc in trustee casino site . i hope this will be helpful for you .
you can also do some gambling then, in this way i think you would be able to earn some bitcoins over time if you are lucky enough, though be careful about it
That's one bad suggestion. If you are 'lucky enough'?
Just how much do you think is the winning chance for that? It's never really worth the risk to try and go all out with gambling unless you actually have a high chance of winning.
In my opinion investing other than your own business are all high risk involved. Do not throw out your money by believing other peoples.
2203  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: August 07, 2016, 02:42:58 PM
of course bitcoin is used for illegal stuff, we cannot do anything about so i dont worry about it
I think we will not know the purpose of transactions of everyone in bitcoin. although the transaction id they can see but we will not know what they do with the transaction. so I think bitcoin is great to be used as payment for illegal goods. and I do not know if many people are using bitcoin to buy drugs and so on
It seems to be that some people use bitcoin for illegal thing like drugs but the same thing happens with other currencies and even with gold too. And to be honest, dollars is on top for most being used illegally it’s not a big deal, and I think the government should focus on those illegal activities not on what currencies being used for them.
2204  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: August 07, 2016, 08:29:29 AM
lots of people are going to use banks ! why because lots of people are don't know or they don't have knowledge about bitcoin thats some people are not interested to use bitcoin wallet , if they were and they know where they can invest their money to grow as easy as 5% of the money they want to grow then they probably use bitcoin wallet because people had a different idea's
i think now a large number of people are getting aware about bitcoin wallet they know about the benefits of bitcoin wallet that bitcoin wallet fees is very much lower and they can use bitcoin as investment and they can be get a big profit from bitcoin wallet .


But don't you think that bitcoin wallet is little bit risky i mean your money would be theft or you would be scammed by someone Isn't it ?? And whom you claim if your money is theft..? Both have their own importance, banks are also good to save your money they also give you profit..

Well both of them have risk at all when it comes to the hackers nothing is impossible to them if they have really the acts of robbing money of the people. But with bank our money have guarantee if something happened to their security and it turns out that it is their fault then we are assured for the money we deposited to them.
It’s true that it’s more safe and the possibility that you would lose all your money in the bank is pretty low but in the other hand, bitcoin is quite convenient and fast when it comes to international business, which you can hardly do with your local currency in your hometown bank.

However, nothing is 100% guaranteed for both bank and bitcoin , and if there is someone who wants to take all the money you have like hackers, robbers, ect then your chance to get it back will be almost impossible.
2205  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: August 06, 2016, 09:12:22 PM
But few days ago the price of bitcoin keeps flactuating. But i think it will go up pretty soon. But im surprise that the price of bitcoin keeps falling and i dont know why! I do expect a lot because of the halving but my expectation wasnt reach by the bitcoin halving Sad

Just go with the current flow and don't mind the worst case scenario. Price fluctuation that happens in bitcoin is a normal event. If you are just going to regret because your expectations didn't meet, it will just wrecked you.

Bitcoin price always fluctuates since the beginning so no reason to have a buttheart unless you didn't get out in the position when there is a sudden decrease.
Fluctuations are normal since the price of bitcoin is highly volatile. We can already see that we're back on track on getting back up. I strongly feel a hack on an exchange definitely will not affect the journey of bitcoin to make 2016 as a year of bitcoin. Bitcoin will bounce higher to mark this year in history.
2206  Other / Off-topic / Re: What can i do with 3 Bitcoin? on: August 06, 2016, 08:02:54 PM
A friend of my want to give me 3BTC and he want me to pay him back 4BTC in 2month 7days but he asked me what will i do with it, how can i turn 3 bitcoin to 4 in 2 month 7days, what is the best investment that can give me good ROI in that short period


So please i ask for your advice
For you, it is better not to borrow. As long as you do not learn to earn on their own and with their investments, the duty to invest is contraindicated
Exactly. I am not too sure about OP is having to really pay back 4 BTC for borrowing 3 BTC. Maybe he's just trying to find out a fast way of earning money and if there is indeed such a way, it would be highly saturated by this time. But slow and guaranteed ways are always available to all of us.
2207  Economy / Gambling discussion / Re: Everyone looses in the long run on: August 05, 2016, 03:20:41 PM
~
In simple terms, there are two types of gamblers the responsible and the irresponsible gambler. Regardless of our financial status, even if we are rich, we are subject to a big risk and an irresponsible rich gambler has so much to lose so they should not try gambling at all.

I couldn't agree more. Everyone can be irresponsible sometimes so if you have a lot of money it's better to not gamble at all. It's a very stupid idea that you can double your money with gambling and you should at least try to do it. Trust me you will lose and you will never recover your loss, so you better don't start.
I never really thought about gambling as something that you can often get profit out of. It is only something like fun and games with money involved. Winning is pretty much like an extra entertainment to me after all the fun I had while playing. And of course, I only play with the amount that I can bear to lose.
2208  Bitcoin / Bitcoin Discussion / Re: Bitfinex - lost 65m (£49m) in HACK on: August 03, 2016, 07:04:48 PM
The funny thing is that some newbie is trying to give out 1000BTC and is supposedly the Bitfinex hacker.

You can see more of it at https://bitcointalk.org/index.php?topic=1574127.0, but he actually holds all of those funds.

The only question is if he is actually the hacker or not. The sad part is that even reputable users are posting on there trying to get the reward, but hopefully it ends up in good hands.
2209  Other / Off-topic / Re: Do you still believe in bitcoin on: August 03, 2016, 02:10:09 PM
Bitcoin is the best. There is no way that i am going to stop believing in it. I will continue with the crypto currency for a long time and hopefully it will pay off and hopefully the bitcoin prices won't crash but will increase.
The value of bitcoin is slipping right now, and will be continuously doing so until maybe the a little less than the $500 line.
However, that doesn't mean the end of bitcoin. In fact, it's an opportunity for new comers to join in the race and for most traders to get quite a lot of profits.
2210  Economy / Gambling discussion / Re: Favorite game (gambling) on: August 03, 2016, 10:36:36 AM
My favorite game is poker because it is so funny and it give so many freeroll tournaments and ot isnt so risky like in other gambling sites which are provabl unfair so poker is my favorite game what o have ever see.

I am not sure what is funny about poker, but for me it is the main game when it comes to gambling.
In a way it is the only real gambling game because you have a chance of winning against other players instead of the house.
You are spot on poker, I also play it more than often than most and the only reason I play it is for income. I mean I do not remember a day when I played poker just for fun or even for small profit, only play it for profits. So for me also this has no fun, for me best is dice.
2211  Economy / Gambling discussion / Re: Would you be happy repeatedly flipping a coin with an opponent to gamble? on: August 02, 2016, 12:52:14 PM
Ask yourself this:
Would you be happy repeatedly flipping a coin with an opponent to gamble?
That is exactly 50/50
Would that be better or worse than what you do now?




this although is better odds unless your the one booking the bets is way to boring for me. Part of the reason I gamble is for the excitement of
watching the game
Maybe this can be made less boring by introducing some fun games like you play with opponent and just have to win at least 1 time within 4 bets and hence you get 1.25 odds, while opponent gets 4.00 odds, I mean this would be less boring rather than start hating it.
2212  Economy / Gambling discussion / Re: Is this true? beginners in gambling are the luckiest? on: August 02, 2016, 09:29:17 AM
Not all beginners are as lucky as your friend, my first try on gambling few years ago was so bad because I lost around $250 on poker game. So it is not true that beginners in gambling are the luckiest.
Luck is something that may come anytime, no matter whether you have just started or not.
Actually if gambling was controlled by a particular team or use then they can do what OP means, I mean they make you win and once you addicted with winning and hence gambling, they start making you loose. But here things are verifiable and can not be scripted.
2213  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: August 01, 2016, 08:33:18 PM
Yes, it should be considered as sickness. It has been proven now that gambling is more addictive and has same if not more negative effect on persons lives which are facing this sickness. It is silent killer which doesn't let its victim to know that he has fallen into this. Every gambler think he can quit whenever will want but time proves him wrong.
Other than addictions, the frustrating moments of gambling are making myself too to think gambling as a sickness. It is really paining when my bankroll is getting decreasing while I am gambling, the feel of frustration makes many psychological disorders too. So definitely, the losing moments of gambling is the root cause for considering gambling as a sickness.
Yes, when gambling affects your emotions it might lead to any psychological disorder. You should have light heart while entered into gambling. I mean to say you need to treat both winning and losing moments same. You should never get excited on seeing your bankroll got multipled, then you can have cool mindset even on seeing your bankroll got wiped out.
2214  Economy / Gambling discussion / Re: Is this true? beginners in gambling are the luckiest? on: August 01, 2016, 06:48:24 PM
Hi, friends my first told me that he was a first timer in gambling and he won 2 times in a row and i was amaze because he's only a beginner and won easily  Huh Huh beginners luck is true or not?
This can be said for sports betting logically and never can be said for dice and other provably fair gambling sites. Sometimes what happens in sports gambling is that when we are new and have a fresh mind, we make better decisions and when we are addicted, we are just rushing for recovering lost money.
2215  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: July 31, 2016, 09:17:04 PM
Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.
to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos  Smiley
Well, such a large pricedrop would destroy the userbase of bitcoin, and the chances of it never coming back once at the 1$ marker at that point would be pretty big; it would be largely overbought. The chances of that happening in the next few years is slim anyways, so keep that in the back of your head.
Do no let things like this bother you too much, but just remember there's always that risk.
2216  Other / Off-topic / Re: How kids can "earn" Bitcoin ? on: July 31, 2016, 05:57:16 PM
Games usually attract everyone, especially the kids. Many sources pay you money for playing games. The bitcointalk forum is a trustworthy place where we are paid btc for what we play.  Children gain much knowledge on games. Thinking power increases. They are made aware of a new thing at their small age. When we look at us, we just started with btc at this stage. This is really a good advantage for them right.

Yeah it is very true, but let the kids do the gambling is action that is not very good and their parents surely does not have a good thinking in addressing gambling. Indeed they can have fun of the game is done, but the impact caused sanagtlah harmful to their future
Teaching gambling to a kid can be a considered double edged sword. In a way, he can learn that gambling is a bad idea right at the early age so he wouldn't be losing so much to learn this lesson. In another way, if he keeps of winning, he may develop a gambling addiction that can pose a threat to him in the future.
2217  Bitcoin / Bitcoin Discussion / Re: People hate Bitcoins? on: July 31, 2016, 06:40:01 AM
I don't think people hate bitcoins, because they are many people on this forum using bitcoin and not hate about bitcoins and me, myself, not hate bitcoins and fine with it.
But I think you can not predict it is only sourced from this forum my friend, because we know this forum is a bitcoin forum. And of course the majority of its members are users and lovers of bitcoin. You need to take the survey through different things, such as asking in a neutral forum Smiley
But the only ones who hate bitcoins are those who have lost profit and probably been scammed or lost their wallet or related issues. When bitcoin affects your life in a negative way like you bought bitcoins at the rate of $1000 by end of 2013, you might have faced some losses, then you might be with the negative mindset.
2218  Economy / Economics / Re: Government & Bitcoin on: July 30, 2016, 08:27:23 PM
technology is challenging government everyday, we are at 2016 and this is already so cool we have 90% of our work done on technology and this is exactly what those old man had ever dreamed of. we are not only using the technology but also developing it our self so the more you know the more powerful you will be



Bitcoin was created for there is no inverention from third side in this situation is goverment and bank so i think goverment just adopted bitcoins technology and make  their own, i imagine there is no fiat anymore and money has converted to cryptocurency and each country have their own.
If banks/government are adopting bitcoin is then the purpose of having bitcoin will fade away somewhat. Yes, what is the benefit again using a crypto currency which is controlled by your government. For a situation like you imagined, each and every citizen must have Internet access to replace all the fiat into crypto currency which is not possible still in many countries.
2219  Economy / Gambling discussion / Re: Everyone looses in the long run on: July 30, 2016, 07:19:21 PM
everyone does lose in the long run, which is why most big gambling winning stories are someone striking it big in a couple of gambles. you never see like "man becomes millionaire after 5 years of gambling". I treat it as a hobby myself and gamble a little bit every month so if i lose i dont really mind.
This is also a good reason to become a casino owner as every gambler looses in the long run and the casino owners rake in the profits.
I never really gamble huge amounts since I only play in casino to have fun and always expects to lose. If I do win, I just play them again since it's not really a high amount worth keeping.
2220  Economy / Gambling discussion / Re: Why Gambling is Fun? on: July 30, 2016, 04:21:42 PM
it is all in the risk + money that you can make from it. and both of them gives you the joy (fun) that you have heard others talk about.

the risk that you take alone is satisfying for a lot of people if they are thrill seekers and the money or profit that you make from gambling is joyful for everybody.
I agree many people are loving taking the risk for their entertainment cause. When you are looking for different type of entertainments to have some funny things in your life, then definitely you might find gambling as so entertaining. But how long you will be offered to spend for gambling is the thing that will decide your future with gambling.
You are right, when you are mainly seeking different type of entertainments, then you might love gambling for the reason of either fun or frustration. Because both are possible with gambling for any gambler as no one is guarantee for getting only fun with a gambling all the time. But some people find frustration also good for their emotions.
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