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2461  Economy / Gambling discussion / Re: Help about Gambling? on: December 29, 2016, 08:26:20 PM
The only gambling where your skill plays a significant role to help you win the game is either sports betting like soccer or texas holdem poker. This texas holdem poker in fact is 90% based on your skill and 10% based on luck.

Dice,slots, blackjack are game of chances where they are pre programed to make you lose money in the long run.

You should quit luck games and try skill ones, if even in skill games you are bad, then quit gambling.
Correct if you are weak in knowledge base game better stay away from this gambling or you can afford your loss play slot games just for fun. The slot games only give you entertainment and these games are not profitable. Only the skill games like sports betting and other card games are profitable. If you ask me, i will suggest you play sports betting.
Although it is a fact that in sports betting you can use your skill and experience but still I will like to stay that we still depend on luck, if you are lucky your skill and your experience even your knowledge will useful for your. But having all these but your luck is not with you they all these factors are useless for you.
2462  Economy / Gambling discussion / Re: Does the location affect when we gamble? on: December 29, 2016, 08:19:18 PM
If in the meaning to gamble at home or in some special place - I prefer home location where I can chill and serve myself during the game as I wish. Playing in some public place is kinda stressful to me and I never could win anything.

That's bad for you, sometimes I prefer to gamble at home and sometimes I prefer to gamble in a real casino. Maybe the location sometimes affects your luck but not the whole gambling itself. If you are comfortable gambling alone at home, then that's better because you can gamble peacefully and you are far away from the noise of a real casino.
Although I like to play gambling in combination with friends but still when I play in a new place mean when we visit a new casino and start playing gambling I really feel the difference and for most time I lost  bets in new casino. So, I can say that the location really affect when we play gambling.
2463  Economy / Gambling discussion / Re: Worst mistake in gambling on: December 29, 2016, 08:10:32 PM
For me the worst mistake in gambling was to win 0.4 btc and then straight up gambling the whole amount instantly and thereby loosing them all in a heartbeat. P.S - Greediness will always ruin you in the end.
Yes if you take time to read here, the mistakes of most of the gamblers were just due to the fact of they were failing to control their emotions while gambling. Very rarely people miss the opportunities by making silly mistakes. All the above the mistakes are most common in gambling due to misfortune like overconfident with your luck factor.
Yes, controlling emotion is one of the most important factor in gambling you need to set a strategy for your gambling and if you follow that strategy then you can control your emotion up to some level. As I my self set a level to play gambling and when I reach to that level I stop playing gambling any more either I am winning a good balance but not try to play any more.
2464  Bitcoin / Bitcoin Discussion / Re: Welcome to Bitcoin. The reason it is successful is because it is not the old way on: December 29, 2016, 07:38:57 PM
We can all agree that the bitcoin has become a really popular thing among the internet users since it is a really secure and easy way to use money on the internet , instead of using credit card which contains all of your personal data which are easy to hack.

Since it is a rising thing bitcoin has made a huge impact in the investment industry and as the price keeps rising every day which makes it a very profitable thing.
2465  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: December 29, 2016, 06:29:32 PM
Good time to dig this old beauty out. Stay calm though gentlemen, we've all made significant money HODLING over the past few years but let's wait until we obliterate the ATH. I'm talking multiple thousands of dollars per bitcoin before we get too excited.

We need strong hands, do not sell everything yet.
We can never know if that will be the case a few years later, we cannot hold the bitcoin that much, the price of the bitcoin now the best opportunity that we have , if we hold any longer the price might go down and it will take another 10 years for it to get back the way it is now, but this is from my own personal vision.
2466  Economy / Gambling discussion / Re: How can gambling help you with your life? on: December 28, 2016, 08:58:00 PM
Gambling obviously makes my life colorful. It is a type of entertainment which I enjoy most and my parents accept me to involve in this industry. I had gambled for 1 years before I heard about Bitcoin. Now, I can easily gamble because I only use Bitcoin to play Cheesy

It's good that your love ones accept that you gamble. Most people don't accept their love ones gambling as this is a threat to their financial situations. Gambling is indeed fun, but keep it that way. Don't make it rule your world. But it is good to know that there are people that turns to gambling for entertainment and have enough self control not to get addicted or bankrupt.
Yeah even my family was in a shock and I faced a sudden hate from them. But then somehow I was able to explain them that gambling is just a side activity that I do along with online job. Its like when you do your job you often listen to songs, so actually gambling can be good too.
2467  Economy / Gambling / Re: DirectBet – LIVE Sportsbook & Racebook. Now Accepting Ether ! on: December 28, 2016, 08:41:56 PM
Thank DirectDice for the free bets! Instant 50 mbtc Cheesy
This is my free bet Cheesy

https://www.directbet.eu/BetStatus.cshtml?BetID=1AWE48FzQ7UxbfTLjsS2voQAkSRVJevTbu
Yeah a pretty awesome giveaway but like they said there is no need to post the bet ids in the thread since it would just bring a spam flood.

Anyways I guess direct bet is the only sportsbook that offers such awesome promotions to their contributors. Guess more than 1000 people would claim this giveaway since this thread is a healthy one.
2468  Economy / Trading Discussion / Re: Mistakes in trading that lead to loss of money on: December 28, 2016, 08:23:47 PM
One of my mistakes before as a newbie as far I can remember is listening to suggestions on troll box. I bought the coins suggested not knowing that is already dumping. I lost more than 90% of the value of the coin. After waiting for several weeks for the price to increased,nothing happens. I sold the coins on big losses. It is a lesson I can not forget in trading.
It happens, but the best way is to hear from all but do what your mind says.

I cannot imagine buying a coin only because it was suggested by others while the chart of the coin was a total disaster. I always do check the chart and the dev and supporting team behind the coin before investing anything into an altcoin.
2469  Economy / Trading Discussion / Re: The best traders in the world – what they have in common on: December 28, 2016, 08:13:53 PM
One thing I noticed to these successful traders is that they have a steady stream of income.  Meaning, they are only trading what they can afford to lose making them ventures more risky environment while removing the risk along the way.  Win or lose, they are able to continue with their life because of the finances coming outside the trading platform.  This situation, without worries of getting bankrupt when they lose the trade,  make them think brilliantly and see aspects in different point of view. Thus a result of being best trader in the world.
That is logical and wise when you are putting all your money for trading you have to have some steady income. To be able to live normal life and make some extra money with trading.
Yeah and usually from what I have seen in my personal life is that the traders or say investors make wise decisions and do not take risks.

What I mean to say is that trader does not mean a person who risks his money, professional trader is the one who buys something because he calculates with his experience and analysis that what he is buying would give him profit in future, like recently in India people bought paytm shares because they knew people gonna get cashless.
2470  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: December 28, 2016, 07:58:56 PM
I do have both, though I am not using paypal because I am comfortable with the way bitcoin transact the money, user friendly hassle free and low transaction fees. Although a lot of users now transact with people but since I already met bitcoin I never used paypal anymore since I am happy with the outcome of bitcoin.
But I have even no paypal account I never used paypal in my life time and I think the reason is the same that I never feel the need to use paypal, as bitcoin is nicely completing my all requirement and I am really feeling good while using bitcoin. Therefore I think I never feel the need to use any other currency or forum.
2471  Economy / Economics / Re: Big Crash coming on: December 28, 2016, 07:40:06 PM
Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.

The bitcoin price will skyrocket to over $10,000. However  bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.

The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.

 May all of your economic crises be as bad as they were in 2016.

I'm calling it early: Prediction Fail
Personally I think most of the bitcoin holders are waiting for the price to go over 1000$  so they start selling , and I think at that point many will sell that the price will go down quickly considering how many people are going to provide bitcoin to the market and that will have a huge impact on the bitcoin community at least that’s what I think.
2472  Bitcoin / Bitcoin Discussion / Re: is it possible to hack your bitcoin from your wallet? on: December 28, 2016, 07:20:59 PM
Almost all web wallets have a 2FA which can provide a lot of safety when it comes to potential hacks ,for me the best wallet is Xapo , it has a very strong security , it has a password and a PIN code and a SMS verification in case your wallets gets logged on from another IP, so the chances of your getting hacked is very small.
2473  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: December 28, 2016, 07:15:42 PM
I am sure that people not involved in Bitcoin find fiat payment services far more interesting and safe to complete payments than is the case with Bitcoin.

Mainly because of the fact that their purchases get insured against theft, damage, or whatever other inconvenience that they may face.

Bitcoin can't offer that level of security to people that are used to these security features. That's why they will prefer to keep using fiat instead of something else.
I am sure you understand that people prefer fiat over bitcoin , first because that are used to using it every day and everywhere and trying to change the way they live is difficult and plus bitcoin was created by the internet and for the internet , so it does not exist in a physical form so if there is no electricity there is no internet and there is no bitcoin.
2474  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: December 28, 2016, 06:09:30 PM
I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .
We cant assure that bitcoin will last forever.
Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years.
can you mention a single country where bitcoin is banned, i do not think that bitcoin is banned anywhere in the world, to me most of the countries have not given any statement about bitcoin, and hope that in future most of the countries are going to turn bitcoin as legal currency.
It is true that the word is still not ready for crypto currency yet and there are people who are not even aware that bitcoin exists, but we can’t deny the fact that our word is moving toward relaying on internet and electronic devices and credit cards more and more and that is where the future of the word is headed to and that is why bitcoin will be the perfect solution for it.
2475  Bitcoin / Bitcoin Discussion / Re: The danger of the cyptocurrencies on: December 28, 2016, 05:47:22 PM
There is no danger in cryptocurrency, just some people or better to say governments are spreading irrational fear of it because they are afraid for their financial or maybe even political system. Cryptocurrencies offer progress and there is no harm in it. If everyone accepts their advantages it could be better for us all.
We can’t deny that crypto-currencies are used for some bad things, and are used by the wrong hands which gives them a bad reputation, some of the worthy currencies like bitcoin are being used by hackers and drug dealers for illegal actions , because bitcoin gives you total anonymity since it does not ask you for your id so a 10 year old kid could use it. And that what makes it dangerous.
2476  Economy / Gambling discussion / Re: Gambling problem on: December 28, 2016, 05:04:45 PM
As a smart person, we can always tell if such activity is good for us or not, we have to be futuristic also and it is the only way we can realize what will happen in the future if we continue doing things that are not bringing good benefit to us. Bear in mind that gambling is a very risky game, and in fact it has ruin the lives of the many also, therefore we have to be responsible enough if we do not want to have the same faith as them.
If you think that gambling can ruin the life of people then why are you promoting a gambling site, a casino, wearing their signature.

I think we should be realistic, I think gambling cannot ruin the life of any one, it is our own fault to become so greedy and never think about the result of such greediness I think we need to change our strategy about gambling and then we can really enjoy gambling without such a big lost.
2477  Economy / Gambling discussion / Re: gambling trading or giveaway? on: December 28, 2016, 10:10:17 AM
if I prefer to trade
and how about you?

i think most of us who know how to trade and also had a good experience with trading would always prefer trading but also at the same time the 3 things you are comparing with each other are not so much related. which means i can choose all 3 not only one of them because nothing is forcing me to choose one only.
Yes, but choosing all 3 means it is like I ask you whats your favorite colour and you say all 7 from the VIBGYOR basically that is senseless. I think the best among all these is gambling because without any tension or worries you just make some risks and either you win or you loose.
2478  Economy / Gambling discussion / Re: Can trading be considered as gambling?? on: December 28, 2016, 10:04:42 AM
Trading and gambling have similarities,they both attempt to create a capital gain over a short period of time. They also more risky and their outcomes are unpredictable. Also both the gambler and the trader must decide how much they want to risk.
Yeah .. I think arbitrage betting is a classic example of trading, where we bet on a non favorite team and later on the favorite team and basically we trade odds in that. Trading also is similar as we buy and sell things in trading too.
While people who just bet because they "feel" they would win will always give loss in gambling and also in trading.
2479  Economy / Gambling discussion / Re: I bet you have never lost more than this !!! on: December 27, 2016, 09:48:33 PM
Bet big,win big.
That's how it works.He lost a big amount,but also won a big amount so yea hahah  Grin
My max bet was $500 on Serena Williams with low as fuck odds,and won  Wink Would never do that again for sure.
You say that "you wouldn't do that/this again" the fact is you will do it again lol, the gambling addiction is so strong. i myself had said that a 100 times and couldn't really do it lol.
Haha yeah that's the addiction and the power of gambling.
I have made tons of commitments to myself like I would never play on dice games again when I lost some big amount but the problem is I always visit dice sites and loose more and more. And hey I am sure the guy who lost such big amounts like 50 bitcoins and more must have made commitments too but lets see Cheesy
2480  Economy / Gambling discussion / Re: Is there a good modified martingale strategy? on: December 27, 2016, 09:43:21 PM
I have been trying out the martingale strategy for dice but was wondering if anyone has a good modified martingale strategy or any other ideas to try.
There is modified martiangle but i don't think that can help you to win if you're wondering how its work then you need to figure it out by your own make your own strategies by doing random bets and analyzing the gambling it self. But if i were you don't use martiangle

Yup...everyday people try to modify this martingale system to minimize their lost but I am not sure if one of them already found the best one. For me, if we keep using this system for a longer time, we will end in a very bad result(lost much and cant cover it due to limited balance or max profit feature).
You are right because the more you wager the more you are exposed to the house edge and hence more would be the loss, at least that's what maths says. So I also prefer some less bets like if I have 0.1 bankroll then I bet on 75% 0.005 and if loss I make 4x , basically what I mean to say is don't start with dust bets else you would always end up loosing.
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