Just make sure that the site is provably fair, and it has a good reputation, before you gamble. You should be alright after that. There are lots of scams around though, so don't deposit what you cannot lose.

And yeah, the house edge means that the casino will always win in the long run. Although you can win in the short run.

I would hold it in cold storage safely for an indefinite period of time because I believe that bitcoin is a good store of value, just as precious metals are right now. Bitcoin can serve a role as the "virtual gold".

Earning 21 bitcoins right now shouldn't be that hard. It's pretty simple actually if you have a job. Just save on your expenses and you should get there within 1 year.

I don't think there are enough opportunities in the bitcoin world to make it work. Also there is no job security nor income security that you can get from working for a bitcoin startup. While currently a day job covers majority of that.

There are also already a ton of competition within bitcoin. So no, I would not consider right now to go for a bitcoin job.

Definitely sir. By 2030, bitcoin prices will not even matter anymore. The currency will be so inflated that no one will use it anymore, and everyone will switch to the infinitely better alternative - bitcoin.

1 Satoshi for a million dollars is also possible, but if that happens, there is seriously no point for measuring anything in fiat currency.

I prefer poloniex and yobit because they are completely anonymous. There is also Bittrex and perhaps C-cex, which all adds some variety to the altcoin market. I think there are probably most coins at c-cex and yobit.

However if you're talking about exchanging fiat for BTC, localbitcoins because it's also anonymous and has an escrow system. The traders usually release funds very quickly as well.

I'm not a customer of Mt Gox myself, which is very fortunate of me. I only use Localbitcoins to buy my bitcoins, and occasionally some other major exchanges. But I never used Mt Gox.

I feel sorry for all who have lost their savings at Mt Gox. It's really a tragedy to bitcoin. And so is cryptsy. The lesson learned is that never keep your coins for a long period of time on an exchange.

I suggest you keep that 12 BTC safe somewhere. Put it in a hardware storage wallet, or a paper wallet. Physical coins even. Anywhere that you feel like your coins are safe and you can soundly sleep at night. I believe investing in bitcoin itself is the best investment you can make.

If you don't control the private key, you don't control the coins. That's a lesson I've learned.

Definitely. Bitcoins are a good store of value in my opinion and we should save bitcoins for the future, instead of being narrow minded and selling it when it rises by just $10. That's literally nothing to profit from.

Only sell when you really need the quick cash, or there is something that will return more than bitcoins will give you.

I think bitcoin has not reached its maximum potential yet. We are a long way off that. I don't even think that we are close to the maximum potential of bitcoin. Bitcoin can be used for so many purposes... We haven't explored them all yet.

I'm buying bitcoins for the future price rises. I think bitcoin is going to rise for years to come.

I disagree with this agreement because I believe that a bitcoin's value should be a lot more than the current level, and way more than $10,000 a coin, even. And that is before inflation USD.

While fiat currencies do depreciate over time, and bitcoin will retain its value, i just believe that bitcoin is extremely undervalued still.

Well, if you don't control the private key, you don't own the coins. It's simple as that.

Coinbase has a pretty good reputation as an online wallet, but anything can happen to a company. Like cryptsy, they can close down and pull off a runner any time. Because you don't have access to your private key, you lose all your bitcoins. I suggest you use a cold storage facility to store large amounts of coins instead.

Definitely. I accidentally bet around 0.03 BTC on 5% all in, when I was actually supposed to type 95% instead. Somehow, the roll hit, and I profited like 0.5+ BTC from that bet. That was awesome.

But seriously, most of the time you lose instead of win. That's why the casinos are winning so much instead of you.

Definitely. Getting simple, quick cash is very an alluring aspect of gambling. Gambling does wonders to your brain... The thrill of gambling is just amazing. You are literally on the edge of your seat, your butt is all clenched up...

And you press roll, and you lose. Gambling is addicting because it's thrilling and stressful. But at the same time, you have the potential to get quick cash.

I prefer to use blockchain.info because it's a trusted wallet that has been around for years. It is probably one of the earliest online wallets I've used as well, from memory.
It is pretty simple to use, especially with signing messages, importing and exporting.

You also get access to your own private keys, which is always good. Others like coinbase doesn't offer that option.

I think greed is one of the biggest killers in gambling. I usually have the feeling that I'm extra lucky today, so I go all in and I lose, when I really shouldn't be doing that and I can't afford to lose.

I think I'm pretty greedy, and I should definitely fix that attitude.

Well, getting a whole bitcoin is actually pretty easy in my opinion. As long as you can be patient and have lots of time to invest into getting the bitcoin, you should definitely get it.

One lesson I have learned - never gamble what you can't afford to lose. Rage betting has been a problem with me.

Not really. Fiat currencies loses value over time and that's really really bad in my opinion. I'm sure you wouldn't be happy if you wake up one day and all there's left is 50% of your original wealth.

While bitcoin is exactly the opposite. It retains value over time. So no, you would actually get more from bitcoin than you would from fiat currencies.

Yeah, definitely. I think we're going on a ride right now. Bitcoin prices are going wild, and I expect this to continue in the very long term future. The price cannot stay cheap forever.

I bought a lot in at $400 and now I'm already in the green. But I think I can at least expect double in the next few months

It's definitely exploding, because bitcoin is so simple to use wherever you are in the world. Bitcoin has many advantages over conventional fiat casinos, and a big one is the lack of government control.

The process of joining an online casino with fiat currency is very difficult, but with bitcoin, it's simple.

I believe that bitcoin has a very long future in front of it, so I personally would like to hold as much bitcoins as possible from right now. Holding bitcoins in my opinion is one of the best and most efficient ways of earning value, as bitcoin not only retains value over time, it also probably gives you a decent profit as it increases in its value.

Investing is simply too risky for me. I have never been a fan for risk. Especially with bitcoin, where there are so many ponzi schemes and scams out there. Simply not secure enough for me to be able to safely invest.