I think Friedrich Nietzsche said it best — 'And those who were seen dancing were thought to be insane by those who could not hear the
music.'
We are dancing on the music of a ground breaking technology, also called : The Internet of Money and the rest of the Fiat slaves are not
hearing the music. Can we blame them for not dancing?
We should make them hear the music, and the only way to do this, will be to increase the volume. The volume on the exchanges and the
volume of merchants and the volume of Bitcoin ATM's and the volume of information on public social media.
-= Increase the volume, so that we can all dance together =-
I cannot agree more with what you have posted and the guy who said that statement. The problem though here is that who would and why would promote bitcoins ? Because see it's a decentralized currency and hence no one is gonna spend their own money for the benefit of all. The only way I see this being solved is by raising crowdfunding. |
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Well, of course, that's if you apply profitable strategies that actually work. Of course, there would be tests in order to prove that your strategies can actually work.
There are no 'strategy' and if there is really a 'strategy' that works then It doesnt really need to be tested, all it need is a simple knowledge to know wether it is EV- or EV+. If it is EV- then you wont really need to play anymore as you might not make any profit at all in the long run . This is the only 'strategy' that works in the long term No mate, you cannot tell if that strategy is working or not unless you test it, strategy is part of our game plan and in order to know how effective it is, we have to employ it but that would not mean we are automatically a winner. Even though we succeed at first, you can expect that the next time you do it, it may not bring the same result. Strategy should be improve because reality in gambling is, not strategy that would last forever. I understand what you are saying but actually I agree with erwin because you see any strategy you apply is within the odds and chances allowed by the site and in doing so means that you would play against a edge which means a loss at the end or at least expected loss. Basically strategies don't need to be tried ownself since you can use certain tools and know if long term would be profitable or not. And experimenting everything on ourself would make the life feel short, so we have to learn from what others do. |
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At the same time when you are choosing your investment with highly reliable opportunity, then you will get a regular returns for the money you invest in a passive way.
Yes investments will bring you opportunities to earn in passive way still it would be too hard to find out realible investment opportunities. Because from cloud mining to gambling sites, there are a lot of scams are happening and we need to be very much careful when choosing them. After few bitter experience with my investment attempts, I have decided to stay away from any type of investment and here gambling is the best option for me. |
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gambling is a game that is to be played by people who are willing to take risks. Gambling is a game of risk and the game against fate. Because we are risking the money we have in a game that the money grow. At risk because it is very difficult to win and if you lose we instead turn to lose money. The game against fate because fate be the biggest factor to win the game. We were lucky we won.
I feel full of controversy with game versus risk. Basically I'm not ready to accept a game with risk. What would be the meaning having a game where there will be no possibility of making income. Risk should be associated with income generations and the game should be meant for entertainments. Mixing up these two definitely will be leading into improper approaches about gambling, we should avoid it completely. |
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Even you are using martingale it can't be assure that you can gain it daily too.
Martingale never worked for any online gamblers so far. So, expecting consistent profits by using martingale is completely meaningless especially with online gambling industry. Martingale may work with real time gambling but we cannot have real time gambling on regular basis that is the reason people are coming into online gambling but unfortunately no strategy works here for consistent daily profits. |
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In this kind of game, I already met some people that got lucky but failed to control their self and ended with bad result.
In a controversy, I have seen people who are not good in neither strategies nor in self control, still they managed to make profits just with the reason of being lucky. When luck is with you, I believe no other things are not at all important for getting you profits in gambling. Still being lucky all the times will not be possible and in long run those lucky people also will be finding no differences in dice gambling. |
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Cricket is the best sports available with most of the gambling websites accepting bitcoin. It gives the easy methods of prediction regarding the game.
Cricket maybe your favourite sports that is the reason you are finding predicting them easy. Almost all the sports are available with all famous sports betting platforms. We just need to be accurate about our predictions so that we can make profits and it is completely regardless on which gambling site you are betting. |
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In the end everything is just going to be legalized
No. Bitcoin system and bitcoin based business could be an exception here as they never need any government approval nor their restrictions will not significantly impact. That is the reason we do call bitcoin is the future of industries where anonymous really matters. Gambling must be one of them as people just want to have some entertainment by being anonymous. |
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I think oniy gamblers with huge bankroll can make it because they can play in a long run.
This must be just a myth. We cannot be sure that huge bankroll can help one gambler to make profits. If it is true, I believe every gambler will be coming with huge bankrolls the level they could. Similarly there is no guarantee we will be having good results in gambling in long run because losses may occur at any time even in the beginning days or after we become professional gamblers. |
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look at this site, makes me want to play again, but I guess I'll gather some bitcoin first before actually started. Well, I did not like to bet in small amounts.
This site really has an excellent design, and I think a lot of people interested.
If you want to test out vDice then exactly do you need bitcoin for? vDice is exclusively Ethereum platform implemented as Ethereum Smart Contract. AFAIK You play with Ehtereum only, so no bitcoin can be used. But ethereum can be bought with bitcoins my friend and hence he meant that we should have a nice bankroll before we start gambling there. Just anyone starting to gamble there, please remember that you should not withdraw funds from an exchange directly to their address, in short must have the access to the private keys of the address that sent the payment. |
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You need to get verified, which raises the withdrawal limit to $25000
When OP is concerning about submitting documents due to his privacy/ security reasons, he can have multiple accounts (different email IDs are enough) with same exchange or we can trade on multiple exchanges to have high withdraw limit. But why do illegal activities when we are not doing anything wrong ? I mean suppose you open 10+ accounts to get higher limits and you withdraw to a particular address from them all then poloniex will easily catch you and hang up your earnings ultimately asking for proofs and sometimes they just don't even ask for proofs since you CHEATED as per them and their rules. |
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I am just curious if you guys are into casino referrals and how much you make with it  Sad to say I don't have or doesn't experience to have a referral in any one of them either on casino or on just a casual gambling site coz I don't have an time to invite someone just to play the site and also I don't play too much that's why I don't have any referrals.  I heard from someone that referrals can really give a hike to your earnings if you do this very sincerely. I mean you just keep promoting your referral link like here in your signature, like in the banners on various forums. You can even message big wagerers on competitors site though this way is known as more aggressive and quite wrong way of promotion. |
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There are many dice sites. Are these sites reliable?
So is it really the end of the bets based on luck? Or is it programmed to win the dice site?
Probably there are sites like you said, but all the famous sites are Provably Fair. Personally I know two legit dice sites: the famous PrimeDice and a new site in the Deep Web, penguinsyuo2gtvz.onion. You can check them out but never try to make big profits with gambling.  Only casinos can be rigged with games like slots because there we cannot verify the bets and are completely dependent on the luck. I have faced situations where I felt like the casino was rigged, one such example is directbet's casino games where you never win no matter, while the sportsbook is a dream site and I always play there when talking about sports. |
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From an economic point of view, supply and demand.Yeah demand and supply of bitcoins are only thing to change the bitcoin price in the chart.
That is true but if such is the case then the price goes up a bit slowly and not just in a shoot. I think recently some country has allowed bitcoins or something big has happened unless there is no real news I see why the price is such high. That being said I think its still not at it is best value, coming 2 months are gonna be crucial and the price might kiss sky high values. |
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I think at this point isn't interesting anymore to operate a new casino. There are many casinos already and it already supply the current amount Bitcoin gamblers. It will just worth if you come with something new that no one have, an original inedited casino.
When more people start using Bitcoins, maybe this idea could be good again, but now it's too risk and probably you can lose money trying to be a part of a saturated market.
Actually a complete sportbook based on bitcoins may be the best option right now since you see directbet offers the support and coverage but fails in odds which is covered by nitrogensports but low coverage and less active admin then comes cloudbet whose everything is fine but the support is terrible and the withdrawals have always been in question. |
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Just imagine how many banks heavily logged in the lives of people. Who will not do any action without the bank. Salary, utilities payments and other financial matters, everything happens through the bank.
yes that is correct that we are not using banks only for depositing and withdrawal of money banks also give us so many other services and that is the reason that we cannot stop using banks, even if the number of bitcoin users increase, but it can only be possible when bitcoin can also provide us such facilities. The banks are the important for fiat and no one can able to replace them but nothing is impossible and we can only predict about the future. If bitcoin makes such law like a bank and it will become so, popular to accept everywhere and in every country than I think it may happen but fait money has its own importance and I think non of the cryptocurrency have enough power to replace fait money and bank as well. |
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It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice
I think that's not a criteria on why bitcoin would replace dollar. Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the control of the government, probably a centralized one. Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs. At the current moment bitcoin is a weak currency, but things change dramatically in this world. You never know what happens any second. People are getting famous just by posting a single picture or video these days on social media. So, we should not deny the fact that It may possible in future like 10 years from now. Bitcoins may make an impact in the market and people believe and start working on converting dollars to this currency. |
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Are there any good and reliable retail stores that accept bitcoin? Your recommendations?
Certainly that depends on the fees you have paid and the size of the transaction in KB as those are the two factors that decide the satoshi per byte and hence the confirmation time. I have been using xapo and fortunately they pays the fees on their own and the fees they pay is quite high like 200 kb/byte and hence I get confirmation in like 1-2 blocks. |
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Investment is completely based on company whereas saving is completely based on us. Because we have to save our money to make a peaceful living in future. We have to take risks in life but only when we have enough money with us.
So what's your recommendation? But both are good, investing and saving. Both of it are useful. You just need to choose which one is perfect for a certain situation. Usually saving is easier since the money is in your hands and you are in control of it, the bad thing about it is that you may spend it any time you want. That is the advantage of investing, you are not in the position to spend your money, unless you withdraw your investment and save it in your wallet. One way to know if which one to be done first is by assesing your self, "can you live without holding that money?" If the answer is yes, then invest it, if NO, then save it. We must always have some money in hand even if we don't need it right now since emergencies could happen and if your money is invested for the long term you may be unable to access your funds when you need them the most. No, you can withdraw money anytime nowadays from banks and your money is secured in the banks. But making profit of your money just by investing it is a good idea, if you invest your money in banks. Banks do provide such pay offs now that you get some percent of profit when you have your money in that bank. Your money is also saved with proper security in banks. |
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Is making a bitcoin exchange a profitable business? Has anyone have any experience?
Before altcoin industry got boomed, if you have got idea for running an exchange that must be a very right time for a profitable business model. Still you can make a profitable exchange but you need to dedicate your full day on this forum so that you can catch new altcoins to get listed in your exchange. When you are actively providing support, you can find your exchange becomes famous and profitable. |
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