You may already have too many bitcoin in your wallet.  So you confused in issuing bitcoin for what. ha ha I personally really can not like you, I honestly do not have a lot of bitcoin in my wallet. so I can not afford to buy the goods from my bitcoin for now. In my personal life bitcoins have helped a lot, not directly but actually indirectly. I was living a simple life where I had no fun, being in a country where gambling is banned and no casinos at all, bitcoins have opened doors for gambling through easy online sites and much much fast transactions, really loving it man. |
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When years pass countries will start creating their own digital currency based upon the blockchain technology. When countries have their own currencies it cannot be used universally similar to bitcoin. On this base bitcoin will be moving on the rising side and won't fall of these generation of new coins.
Yes, there will not be any point on having a country specific crypto currency instead of bitcoins. It will not solve the need of having an universal payment system across borders. Even after having country specific crypto currencies, people/countries might need an universal payment system like what we are having right now as USD or gold (a medium of exchange). It means what is the need to have two crypto currencies when only one will solve all the requirements, that one will be bitcoin payment system for sure. |
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Cash still is much more convenient to use in everyday life than Bitcoin.
I don't think so. For me carrying physical cash is not only risky, but also inconvenient. On the other hand, I can make Bitcoin payments from my mobile phone in a matter of few seconds. It is convenient, and risk-free. What if you don't have an internet access or you are having trouble with your mobile phone signal and you are not carrying a money in your pocket isn't it inconvenient ? . Despite the risk of carrying a money whether it is a big or an average amount , we still need cash as we also need it for some expenses . We all know that bitcoin is also a currency but most establishments or businesses are not yet available for bitcoin transaction in a certain country therefore we are not able to use it , meaning to say having more bitcoin than cash is not always convenient and cash is more needed . I'm an addicted bank card user myself (debit cards, of course), though I still have to carry a few bills in my pocket just for the case when something goes wrong at the cashier's. And sometimes it does go wrong there for various reasons and not necessarily due to the lack of Internet access. Other than that, fiat in its cash form has little application for me. You should also keep in mind that with a Bitcoin payment card you can do pretty much the same that you would do with a typical bank card. Though the former seems to be a little more expensive that the latter so far... Until competition fixes that eventually Cash always comes handy when you are traveling or when you need money urgently as I've had trouble using debit cards at times and I couldn't withdraw using ATM cards due to a problem with my card. Bitcoin debit card is not little expensive but quite expensive. I was trying to order a XAPO card and the prices are so high (fee to order, annual fee, transaction fee). I agree that internet access is a big pain while traveling and hence cash is preferred. |
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Dont go just looking here. There is much to be seen outside and a lot is happening. Many people are still leaning on paper money and thats it. No more option or whatever it is, either a Us dollar or a Euro.
99.99% of the people are still using paper money, and the situation will remain the same for the next several decades. 10% to 20% may be using cards, but these people also use paper money as well for their daily needs. Right now, the battle is between paper money and plastic money, and not between paper money and digital money. The number is decreasing day by day and in my country, we have 10-15% people using mainly digital money like online wallets, online banking and debit/credit cards. People who don't know anything about the internet have to rely on paper money but it's always secure to carry paper money in addition to plastic money. There is no such battle currently as many shops don't even use these machines as a payment mode. They are considering it which is a good thing. |
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I've been unlucky enough to win as much as 20 rolls in a row from my first time sometimes. If you're unlucky, there's absolutely nothing you can do about it. Just try to play for fun and not for profit. 30 losses in a row are easier to achieve than it might look.
You meant loss I guess, anyways yeah its true. I have my personal streak of 16 on fortunejack dice game, since their seeds changes every bet I make automatically I feel much better betting there. But, since they got red trust I have stopped gambling since then. You might not get 30 losses in a row in whole gambling career man, that's really unlikely but can happen though. |
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Are you talking about small number of bets or bets with small amount per bet? I will say number of bets doesn't matter as long as you bet on high odd games you can win more than you could win with several bets of low odds. But betting on high odds is very risky than low odds bet.
Actually making more bets means we are facing much more possibility of loosing because loosing amount is directly proportional to our wager amount and hence if we make too many little bets too much then even if we win half and loose half we would be in loss. In fact in sports house edge is around 10-15% so lesser much better. |
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What's this all about I have many friends who deals 24 hours with bitcoin but none of them had heard about this. Well anyone explain me who is paying and why they are paying $900. Is there any logical game behind this .
Yeah, this all seems kinda strange to me too. I don't know why anyone would need or want to pay more than market rate for bitcoin except for purposes of staying extremely anonymous or something. Don't know if that even would make sense. If this is true, those arbitrage opportunities aren't going to last long. Smart traders will plug up all the holes--they always do. Actually they have black money which they neither can deposit to bank and neither they can use it since its banned so they are buying bitcoins with their cash because bitcoins can be sold later once the issue in India settles. I guess still people should not pay 900$ though lol being the market value 750$ |
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If we believe into luck is due to God's touch, then there will be no possibility of successful trade without that.
At the same time simply believing in to God will not help anyone. But, having both will give us assured profit from trading but having luck all the time is not possible and it is not within our control.
The beauty of luck is it is completely beyond our control, that is the reason people are worshiping it. At the same time, skill is fully within our control still people are not giving full respect to it. In my opinion, skill is alone more than enough to have better luck. We do not just need luck to have opportunities, we can create opportunities with our skill. I believe I can be luck if I am having right skills. |
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My strategy for trading bitcoin is buy when there is a good correction and when it hits the bottom. And sell when it starts ti rally again.
You mean you will wait infinitely to have market corrections or you will be trading regularly with the daily fluctuations? Because to have bottom you need to wait long time, but every day market give some correction as per pivot point analysis, is that enough for you to trade? For Alt Coins I would suggest getting into a pump group and trade with bitcoin that you don't mind throwing away because Alt Coin trading is damn risky. You can buy into some if you don't mind waiting for couple of months.
Alt coins are not that much risky when you are going with some stable and reputed altcoins. But getting into insider group is not possible all the traders, but must be a good idea to have better results with altcoins trading. |
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Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea.
So, i would like to find out the percentage of user who agreed with this idea.
Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think?
p.s. we don't talk about bitcoin debit card.
If someday bitcoin having a bitcoin bank i think this ain't gonna happen . First reason why is bitcoin is not really stable price so it means when you are going to save your bitcoin in bank like what we use to bitcoin wallet then there are chance that we can still earn bitcoin or not? And how many percentage of fee's they rip when we are withdrawing our bitcoin. But in my understanding and predictions, banks may start buying and selling bitcoin business for their survival. People will be using their traditional bank for loading their bank cards, I mean to say we do not have any specialised services for bitcoin debit cards, those words will be done by our national banks itself. Will this not possible ? Will it have any limitation due to bitcoin's price fluctuations ? |
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Although, they could make it illegal, it would be nearly impossible to track people who continue to use Bitcoin and governments probably wouldn't be bothered to track who is using Bitcoin. They would have more things to care about. I would continue to use it anyway.
Yes its hard but if you are under investigations I think its a big problem for you. Once they know your bitcooin wallet, they can trace your transaction, money that comes in or out of your wallet. Though its hard to implicate you, but other data can pinpoint you. Almost every bitcoiner is having the habit of using different bitcoin address for different purposes also for every new transaction it is highly suggested to have new bitcoin address. If we are following these practices to protect our anonymity then there will be only very less chances to be traced out. The scenarios you have mentioned are not possible for a common bitcoiner with above practices. |
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Hey guys i want to know what is your aim while gambling do you take it as way to get fun and excitement? Or your aiming to get more money and have a living for this thing?
Having aim in gambling is good but we can't assure that . we can do it because in gambling there are change of 50% of winning and loosing somtimes we just lost our money in gambling setting goal in gambling is good too the fun and excitement and the last thing is intense when we are winning we are trying to bet more. But it seems it is completely meaningless to have an aim in gambling, the 50% chances are completely not believable as 99% I'm sure I'm not going to make anything out of my gambling and till today I'm doing like that only. Maybe aiming for entertainment might get 100% success rate with gambling. Every gambler will not have any second option other than accepting it only for entertainment. |
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forex is very risky to trading the fluctuation of money is high everyday
I think that is too hard to get money on forex if we don't have a good analysis on the market
The highly risky markets are always good for making huge amount of money only if you are enough skilled to handle its fluctuations. OP is asking about how good Forex is for making money, the simple answer must be Forex is good for making money for anyone if he is ready to take same amount of risk. Compared to bitcoin trading, forex trading is not recommended to new traders. In bitcoin trading you will always have the option of holding for future prices which is not possible in forex trading. |
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The fact that there is an explanation for each event that takes place in the market makes trading a better and saver thing, especially because understanding such events is possible to make better decisions. Another factor that will increase the investor's chances is to improve trading skills and the understanding of market fundamentals.
Like you said, trading skills could be developed over experience whereas gambling will not allow us to use our skills so there is no skill development over time for gambling. As long as there are progress with our experience, we could slowly take control on what we are doing. That is the reason, investing and particularly trading will be good over gambling. |
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I am gambling to earn money, and then while gambling, I eventually enjoy the game. I don't like wasting my time. I want to always have a reason to do something. For example, I gamble not to purely have fun. My main aim is to earn money. If I want to have fun, I will do other things instead that doesn't cost me money like playing online games on my computer.
In my experience it is highly impossible to enjoy gambling when you are aiming for making money. Because these two (fun and profits) are two highly different extreme which are not possible for a single gambler. If you aim enjoying your gambling moments, you make get profits sometimes but the vice versa is not true again in my experience. |
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If anybody interested what is trading i made Crypto-demo account connected to my main account with proportional copied trades. Just for interest and can answer question also. Welcome ))
Will it work from any meta trader platform or I need to download from that particular forex dealer ? Is there any risk involved having a meta trader with your log-on details like we have seen many people were simple hacked through skype conversations. I suspect any vulnerability similar to that anything. Any expert confirms the reliability of this services will be more helpful for many aspiring traders here. |
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I think that both Twitter other social media as well as signature campaigns can be good marketing tool.
The best way is to use them all, because by doing so you will target different groups of users.
This is the point, I need to agree with. A promotion must be very much intensive so that it will cover all type of people so that they could get decent amount of customers from our promotions. I do see many gambling owners are constantly running youtube/blog campaigns too along with above campaigns. So, having a very big budget initially must be inevitable for promotions for any business. |
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The price drops is a common problem that always happen to bitcoin and any other currency.
That's up to them who panic or not and sell their coin, it doesn't really matter, we just need to calm down and wait until the price get back to the right path into $1000, hold on.
Thats not good because for sure it will flushed our investment if we make some panic when seeing the price is falling big investors are taking advantage waiting for this they know how btc works and have good profits in return. Yes, those who are getting panic and quitting their bitcoin holding are simply falling into the traps of high volume traders who are generating false dumps time to time. The hedge traders and intraday traders are usually planning for quick profits and they do trigger any short term trend in market movements. Those who are not having strong technical analysis will get panic and fall into traps and losing their opportunities and obviously profits. |
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The past days pumping of price seems to be due to the true nature of gradual rise and fall. Now fall in price has started, which might stabilize after few weeks fluctuations. The next pumping is expected soon as we are getting closer to the year end. The year end pumping in price might be a steep increase.
Bitcoin is currently trading above 200 days moving averages which may convergence toward upper resistance levels around $820 prices before make any possible down movements. Technically bitcoin prices seem very strong and as you mentioned it is slowly moving as per usual market fluctuations. If the positive environment for bitcoin will continue among new us president, then we can soon see prices hitting $1000 price levels. |
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I think chinese government is already half controlled by bitcoin elites. (They definitely have power)
So there won't be harsh limits, or tries. Don't even think about bans.
That must be true, China is usually known for planning with long term goals, hopefully they might be having very clear plans about bitcoin and its associated things. They are usually supporting their people to earn by any means, so they will not loose the opportunity in the name of bitcoin and its mining process. A government with huge man power and other resources will not limit their people's opportunities for no reasons. |
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