The only alternative for margingale is to do reverse martingale. Only double your bet when you win, when you lose you go back to your original bet.
That's not the only alternative. There are many more betting systems out there that claim to be profitable, although we all know that in the long run the house always wins, no matter what your strategy is. For me the best strategy is just to follow your gut instinct. That way you have fun and there's no pain when losing. |
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the fun in gambling is losing money...  but if you win thats better:) Not really... In my opinion(and I'm sure that many more will agree with me too), losing is never fun. And since you will always lose in the long run, gambling should not be fun at all to a rational person, but rather interestingly, it is fun to most people. I guess it's the thrill that makes you feel happy. The thrill of losing, most of the times. But the potential of winning also makes it addictive and fun. |
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I really haven't profited much from investing in altcoins. My picks are terrible, and I seriously just gamble it away most of the times. That's why I only invest in things that I believe will be profitable.
Most altcoins are pump and dumps schemes as well, for the owner's own profit. Always be on the lookout for those.
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I think this is a good idea, however as KnightDK said there are many restrictions imposed on by the bitcointalk forum that doesn't allow you to do exactly what you want. Also, the storage of so many login credentials at one single place could prove to be disastrous.
But having said that, account renting is a very good idea. Also make sure that the renter deposits some money to compensate for any losses incurred with the account(bans, negative trusts, etc.)
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Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
Bitcoin will develop further, that is for sure. Otherwise, why exactly are people investing in it? They are investing in bitcoin because they believe in the future of bitcoin, and its ability to serve as a currency. I believe personally in bitcoin's future too. I think we are going for the long run  |
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Is it safe to keep all of my assets in Bitcoins? And how Department for Combating Economic Crimes, can affect my account? What permissions they need , to freeze all my money ?
As long as you keep your coins secure in a cold storage wallet, you're pretty much guaranteed to retain those coins forever. Bitcoins won't rot, they won't suddenly disappear from your wallet, nor can a person freeze your money. So the department can never freeze your funds, but it is possible for them to somehow interrogate you out of your private key. |
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In my opinion, bitcoin is already becoming a major currency that can be actually used. People are actually using bitcoin over traditional payment methods, such as cash and paypal. Steam started accepting bitcoins just a few weeks/months back so I do actively spend my bitcoins on steam items  |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
10 years? That sounds pretty interesting because it's actually long term. I am a profits and long term guy. So I consider both aspects instead of just focusing on one aspect of it and ignoring the other. For longevity both bitcoin and gold are very good, although gold has more past performance. And bitcoin is way more profitable IMO. So I'd split it 10:90, gold:bitcoin. |
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If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick? Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you... http://www.youtube.com/watch?v=m6GiC8dqN9AWe just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why. If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why??? I believe that I will choose bitcoin, simply because there is more room for bitcoin to grow, than gold. Bitcoin is an innovation, while gold, it's just an element. Although both are a good store of value, bitcoin just seems more portable for me. The worst thing anyone could do to their finances is I guess hold onto the worthless fiat currencies. |
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The economy is always destined to crash whenever it happens. The fiat currency system will not be sustainable however the government chooses to arrange it and hide its flaws.
That's why bitcoin is such a good alternative to fiat currencies. It's undisturbed by the central banks and therefore safe to rely on. I believe that any banking system that is based on having a central entity that controls everything is going to collapse sooner or later.
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Date Close Change
2016-06-03 $570.47 6.01%
2016-06-02 $538.15 0.32%
2016-06-01 $536.42 0.87%
2016-05-31 $531.80 -0.15%
2016-05-30 $532.59 1.62%
2016-05-29 $524.08 -0.26%
2016-05-28 $525.43 10.98%
2016-05-27 $473.47 4.33%
It is rising continuously
Yeah definitely, just as I thought, the bitcoin price is going crazy right now Which is a good thing, it's the push that bitcoin needed after that big crash down to $200. We have experienced such a large wave of bullishness this season, we're already up nearly $180 Again, halving does wonders to the bitcoin economy. And it's not even the halving yet!!! Watch out for more price increases  |
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Seriously no one can predict exactly what bitcoin is heading at, however I do know that the general trend is up. Speculation is after all speculation, it's like gambling. No one can predict the outcome, nor is there an absolute truth.
I think a price of $1000+ is realistic for a timespan of 2 years. But if you say that it's going to 10k tomorrow, obviously that's unrealistic.
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Today I played and went from 6600bits to 13500 before losing them all I should have drawn. Yeah, one of the things with bustabit is that it actually gives you a chance of controlling your own fate, even after placing a bet. You might feel insecure halfway through the bet and walk away with a nice profit, instead of busting it all. The bonuses are also very attractive, because that involves some guessing as well. I haven't got a positive result on bustabit, but the site's concept is great. |
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...Is that what's happening right now? The classic age-old investing advice? Everyone's buying like crazy on the "rumour" in preparation for a big dump on the news? It would have to be a pretty big dump to counter-act the sudden mining supply halving, but whatever, sentiment can be pretty strong in either direction.  Well, buy the rumour, sell the news. That's a great advice to have. Although I think halving is a different scenario because it's not a rumour, nor will it ever be news. It's a fact and it will remain fact after the halving. The halving will have an effect on the supply and demands of bitcoin. And that's why it's going to drive the price up. |
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Wow, nice thread. I really like the idea of keeping track how much progress we still have to make till we get to that magical $10 billion market cap. I'm sure it's going to be very soon @Ognasty love the idea. The comparison should be interesting. |
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Holy crap, so many people are making wins and claiming that Primedice is the best. I want in! Can anyone make me a PD account? . I'm in Australia; PD locked me out. I can offer you one PD account for free. PM me if you are interested. And yeah, buying a VPN isn't that cost effective for just one PD account. However, you may need a VPN at first to find your deposit address to deposit. Only terms: You sign up under my affiliate link, and I keep all the affiliate earnings from your total BTC wager. |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
I think the best way to go about it is just to hold that coin until the price rises, because bitcoin is a good store of value to say the least. If you want, you can sell it at a high price. But for me, I'd rather hold it indefinitely. You can expect around the gambling volume times the house edge, although you probably will get charged the commission on your profits. |
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Hi! i'm a bitcoin newbie here How can I earn Bitcoins fast and free?? thanks for the help You can earn bitcoins through several ways. However, I don't think any of them can be classified as free. Nor can they be classified as fast at the same time. They all require lots of your time which is also an asset, or they just pay way too less. Browsing through faucets, signature campaigns, doing tasks, offering services, doing offers, they are all free. Although they take up a lot of your time, for little reward. |
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I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.
Localbitcoins is extremely easy to use. There is literally no risk since there's a escrow system enabled automatically every time you make a trade, and the admins on the sites are generally supportive if you have to open a dispute. Another good site to do P2P trades is paxful. They are a similar site to Localbitcoins, but the release times are generally faster. |
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We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
Definitely bitcoin is worth a lot to me. It has intrinsic value, just like gold or silver, because it can serve a role of a stable monetary system that actually retains value over time, instead of losing value over time(fiat). I believe that bitcoin is going to skyrocket in price in the future. So that's why I'm buying in a lot now. |
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