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2341  Economy / Gambling discussion / Re: Everyone looses in the long run on: July 31, 2016, 12:16:51 PM
That's true, there is a chance that you will lose everything that you have if you keep on gambling, specially if you can't accept the truth if you fail in gambling, you will always chase your losses and start to act weirdly and betting desperately aiming at your goal to win what was gone..
yeah you can't chase your lose because if you try to chase it the more you greedy to bet high because you want to win that easily if you can't accept your lose just be calmed thats it everything happens for a reason im not againts who play gamble because people who enjoying winning make them happy but not all the time you just need to control your self  Cheesy Grin
Chasing will always be a disaster in your part, never do that if you don't want to be bankrupt easily. I have tried that method and I have regret that many times. I believe if we can control our emotions in gambling we will not do chasing at any given time during gambling.
2342  Economy / Economics / Re: I'm not gonna sell any coin. on: July 31, 2016, 10:11:17 AM
I think it's good to hold some bitcoin rather than spending or trading it all. The value could keep going up and holding some as an investment may prove to be profitable.

That is exactly what i feel, if i had some bitcoins then i would have divided them into two parts, one for trading and one for holding, because you can earn profit from the amount you are trading with and add it to the amount you are holding, so in that way you will be doing the both things.
Yeah! that is called diversification, a person will do that to minimize the risk. Trading will take care of your daily income if you are doing good in day trading and your investment will take care of your future if the price will have a substantial increase overtime.
2343  Economy / Speculation / Re: bitcoin continuous rising? on: July 31, 2016, 10:06:06 AM
Bitcoin has been rising up this past few weeks and continue to rise, what do you think?
will bitcoin continue to rise at the end of the month or it will have a sudden drop?
No one knows what will happen to bitcoin for this year but most of us here want the price to go up more,but I don't know how it will happen we just wait and see what is going to happen soon I'll hold my coin now .

The price will definitely go up further in the near future. Most of the bitcoin investors won't sell their bitcoins at a price of 650-700$. It is just more attractive to hold them.

I believe the price will be trading between $640 to 680 in the next few weeks, then it will rise to $720.
Nice guess and thank you for being positive on the price of bitcoins, people who have invested during and before the halving is now having doubts in their mind if the price will really rise because it has already increase a substantial amount this year alone.
2344  Economy / Gambling discussion / Re: Putting money in lottery is gambling too? on: July 31, 2016, 10:02:58 AM
lottery is gambling and already with very low possibility to win  Grin

freebitcoin lottery have a really big number of partecipant, you can see the number of % win you have, and with 1000 ticket i remember is under 0,001%

Yeah most lotteries are a good way to lose your money. If you are smart you try to invest your money.
And no lotteries are not an investment...
They would not allow an investment because they are sure that will take the money of the betters and they don't want to share their income. I don't understand why some people are really trying their luck in lottery when the chances are very low to win. Better play it in fair game like dice with 50% chances of winning.
2345  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 31, 2016, 09:52:44 AM
If you go full time on Bitcoin then your life will be put in risk and that is because you never know what will happen with the Bitcoin and that is the problem of the currency.
It will be much better if you have just a daily job and see Bitcoin as a bonus or something.
We need to risk in order to achieve our goal to become rich, being employed is good but you  cannot inherit your job to your children because you do not own the business as you are a mere employee only, maybe we should re-evaluate our goal in life, I am pretty sure you  will find a better opportunity in getting full time with bitcoin.
but in present time a person is supporting his family from his job how can he take the risk to leave the job for bitcoin. there is no doubt about this that bitcoin can give a good income to  a person but still it is not guaranteed, because it is also possible that you will lose your whole investment in bitcoin, some time the price remain stable and there is no up and down in the price of bitcoin may be for months then what will you do for your income if you have no chance to do trade in bitcoin, therefore i can suggest you not to leave your permanent job for bitcoin but give full time after your job to bitcoin hope you will easily manage both your job and bitcoin.
Of course you will not do that if you think quitting your job will endanger you income and you will not be able to support fully the needs of your family. What I am trying to imply is that when we are working we need to have a savings so that we see an opportunity (bitcoin) we can easily grab them and when something bad happens at least we have our savings.
2346  Economy / Services / Re: Find me a new name for everything and get 0.00337096 BTC (2.20$ish) on: July 31, 2016, 09:34:14 AM
A lot of suggestions here, does anyone already win the name guessing game here?

OP, you should have a deadline or specific date of ending in this guessing game. And please PM me if I won.
2347  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: July 31, 2016, 09:30:42 AM
sheesh what a mess ... this is ripe for some major league scamming now, watch out for dodgy exchange shennanigans.

That could be right. Maybe some exchanges will be attacked by the replay attack or 51% attack on the ETC.
I lost my trust on ETH because of the hacking and now another coin which is ETC, not gonna touch this coin again though it has a great price now as it is very risky and I don't want to risk my money with a non stable coin.
2348  Economy / Economics / Re: What is your best investment strategy? on: July 31, 2016, 09:27:14 AM
The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment.

But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy.

As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets.

What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.  Smiley

my investment strategy is to never invest in anything else than bitcoins, i have been investing into bitcoins last months and  i could have like 20$ profit if i would sell that bitcoin now

That is a good startegy. Bitcoins made such a huge profit this year. I would still not sell them though. Bitcoins will rise further. And 20$ profit is not a lot yet.
If you want to make a good profit you have to do trading and 20$ profit for holding bitcoins is not really worth your time. I don't know in your because we have different satisfaction in life but for me I find it very small, if you are serious on your investment maybe you should add up a bit.
2349  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 31, 2016, 09:09:27 AM
If you go full time on Bitcoin then your life will be put in risk and that is because you never know what will happen with the Bitcoin and that is the problem of the currency.
It will be much better if you have just a daily job and see Bitcoin as a bonus or something.
We need to risk in order to achieve our goal to become rich, being employed is good but you  cannot inherit your job to your children because you do not own the business as you are a mere employee only, maybe we should re-evaluate our goal in life, I am pretty sure you  will find a better opportunity in getting full time with bitcoin.
2350  Economy / Gambling discussion / Re: Putting money in lottery is gambling too? on: July 30, 2016, 08:18:50 AM
Absolutely! That is gambling because you need to risk money to make money, although what you are putting is just a small amount to win big money but you are risking it to lose. If you think that you can win in lottery just like others then I would say it is very hard to do it, just put only a little amount for your entertainment.
2351  Economy / Gambling discussion / Re: Losing investment on Gambling sites on: July 30, 2016, 08:12:50 AM

Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Investing in Gambling sites and online casinos makes a lot of profit,

But If you do invest into a fake one,
then all your money or btc will loss, that is the only possibility I see that makes investing in a gambling site a little bit dangerous in losing money.

But If you do know some site which is a legit one, try to invest into it, but don't expect a lot of earnings at first since all profits are based on interest.


I agree, there are lots of legit gambling sites where you can invest your money that offers you a decent profit in the long run. Just avoid those who are fake.  There are lots of proof that investing in gambling house will not make your investment to waste.  Gambling house might lose sometime but they can recover  easily and most of the time with extra winning.
Don't forget you can also lose your investment on legit gambling sites due to variance, if a player suddenly wins big.
This can be avoided if the site in question has set the maximum win amount to something that it can handle.
But that is very rare mate, gambling sites wins all the time and they win in the long run, if one person is too lucky his winnings is just temporary and to safeguard your investment you should put and invest your money in a site that has a good pot money.
It may be rare however it still happens.
Just take a look at moneypot, a user won around 50 BTC just in this last week.
I lost a huge chunk of my investment Sad
Well, anything could happen but if you will not put additional investment you will not get bank your loses on the percentage of your investment. That does not happen all the time so you have a good chance to win back your investment if you will add up another one.
2352  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: July 30, 2016, 08:08:46 AM
Very precisely, all the gambling that is there is the hidden theft revolution. They utilize a game that we want and the system made of them can steal bitcoin (defeat) this is legal gambling and should minimize or avoid in of our life if can't control themselves or control themselves

I wouldn't quite go as far as to call it "stealing" - when properly regulated gambling is limited to people who can adequately understand the consequences of their actions and make an informed decision(ie, not underaged kids).  As such it's not stealing if a person is supposed to be fully liable for their actions - otherwise I can call food companies advertising their products as "stealing," even though as an adult you're supposed to be able to understand what you're getting into. But I agree that sometimes gambling sites are a little manipulative in their advertising and design - real life casinos are much the same(wondered why you'll never see a clock or a window in a casino?).
That is the norm in gambling and even in sports betting games are sometimes rigged to serve the interest of the sports book, in gambling there is no fair it is just a matter of putting your money in the right side, it is a game of mind and not the game of heart or emotion if you are into making profit.
2353  Economy / Gambling / Re: Good sportsbook for mma? on: July 30, 2016, 07:59:33 AM
Mate I would suggest that you play in nitrogensports.eu, they have a good odds for MMA. Not only that they have the best layout for your betting experience and the customer support is really good to come with the fast deposits/withdrawals of your BTC.
2354  Economy / Economics / Re: Bitcoin can not replace fiat on: July 30, 2016, 07:56:14 AM
For now, yes bitcoin can't replace the fiat. But, maybe someday on the next 20-50 years bitcoin can replace the fiat because we always upgrade ourlife into digital era.
in my opinion you might be right about it, i think we just need to wait for some time in order for people to use bitcoins more and make bitcoins replace banks and fiat
Even if we will reach 100 years from now, it is not possible that bitcoin can replace fiat, as long as each country have their own government, fiat will always be the medium of exchange for all the citizens in a specific country.
2355  Economy / Gambling discussion / Re: Gambling problem on: July 30, 2016, 07:53:16 AM
Those who have gambling problem  I do not think this will ever changed its for the most just a period that they are gambling. So I think a gambling problem is not bad because its just for a little while.

Nah...Gambling problem could affect your life, not only during the time that you were gambling, actually the effect of gambling was much felt after you are done.. If you fail, for sure, you will be hot headed and would probably nag on the people around you, and if you win, for sure, you will be talking about it the whole time with your family and friends, which sometimes sounds annoying to them..
No question about that, gambling addiction is your problem and when you have that you do not possess the right skills and knowledge to do the right decision making, having that problem is like a disease because it will ruin you as a person and will basically lose your money in the end.
2356  Economy / Speculation / Re: Time to sell? Or to buy? on: July 30, 2016, 07:49:33 AM
The price of bitcoin is stable right now and i think both sell and buy are good for now, because i'm sure the price of bitcoin will not change until next month.
i think that selling is definitely not the right thing to do because people still really like bitcoins so they will push the price up, i think it is time to be buying coins
yeah selling at this time can be regrettable as seeing the growth of bitcoin now a days as many investors and new users are coming after halving, and obviously it will be good if you can buy more bitcoins. but not just to hold them, use them, so we can make transactions which is good for the market !   
nope i think you will not regret. halving the price of the last few days have not shown a significant effect on the price of bitcoin. even when the price is still up and down stably. I sold some time ago when the price touched $ 470 and I bought more at $ 440. yeah it is a good short-term profits. you can try it
Our target should be the long term profit as it is more bigger than the short term, however you need to have a good amount of money to invest in it make sure your money is not intended for other important things so you can hold longer.
2357  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: July 30, 2016, 07:46:43 AM
I think any excuse to gamble. gambling or house will not be thinking about why you and win you just because you have a different reason when gambling. even if you play to have fun. if you lose the glittering gambling game. of course gambling will hurt you. I think the smart rich people will not seek pleasure in gambling
I dont think a smart rich person want to get money in gambling, since he is smart and rich, which it means he has great job in his life that can give him much money. I think the reason he goes to casino is just because he wants to spend his time and test his luck.
You have a point, rich people that have a stable job/business will not go to the casino unless he invited his friends to join them and play in gambling places, well some also of the rich people can become greediness because once you are rich you don't really want to lose money instead use their money also in business and another business and another. But once they go to their friends and go to casino places they will not notice that they can lose also money too.
Well I guess that's the advantage of being a rich person, you won't notice how much money you have lost in casino, and you dont need to worry since you still have much in your bank account, and you could get more from your business lol. But still, a smart person always considers every step he will take, include in gambling.

There's a lot of rich people who gamble....They're just smart enough not to make it a habit.  If they let it become a habit, then they probably wouldn't be rich anymore.  Gambling is form of entertainment for the rich....they have fun going to the shows, visiting clubs, and hanging out with hookers in sweets.  It's much fun.

Actually the rich people gambling only for fun and they don't care if they lose their money on gambling. If i were rich i also do gambling too, because i have much money.
You are right much of the rich people gamble only for entertainment and they don't care for the lose they make with their money, but I have saw some people who joined gamble for fun and entertainment and in that way they lose all of their wealth and face the life of poverty.
I think almost all rich people are just gamble to have fun not to make a profit.. because they know that gambling can wreck your life or it can lose all you had in your life..
Not realy rick people gamble for fun. There still much do habbits for make fun. Still same come to gamble still for looking money too, not wasting money.
You will only say that you are wasting your money if you do not get the entertainment in gambling, if you want to entertain your self in gambling then you should treat your loses as your expenses to pay the amount of happiness your felt.
2358  Economy / Exchanges / Re: Get a creditcard without a bank - funded with Bitcoin on: July 30, 2016, 06:19:21 AM
I would try this one, how much do we need to fund with our account in coinsbank and how much is the credit limit of our credit card. Base on your experience can you tell us some important information that could help.
2359  Economy / Services / Re: Find me a new name for everything and get 0.00337096 BTC (2.20$ish) on: July 30, 2016, 06:16:56 AM
Can we have a lot of suggestions of name or just one name, I really want to help you of whatever you are making and I hope that would be a success, with that being said I would let you use my name "JUMPER".
2360  Economy / Gambling discussion / Re: Everyone looses in the long run on: July 30, 2016, 06:14:26 AM
Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.


I believe it too, before you are going to gamble make sure the amount you are going to gamble is you afford to lose. And make sure that it is not going to hurt your feelings whenever you are going to lose. But it is really necessary that in the end all of the gamblers are just losin easily.
That should be the practice if you are only having fun, but for professionals it is a different setting because they gamble more to win more and they are the persons who mostly make the right decision and in the long run will make money. They are the exemption to the rule.
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