Yes you are actually right because avoiding losses means you would win less too and apparently gamble less too.

I was addicted some moths back to gambling and I am still addicted and from my experience quite easily I can tell you that quitting gambling is almost impossible, more because when you leave gambling for a few days then its even more addicting, its like you dont eat food for 5 days then on 6th day you will eat more than usual.

I think sometimes young blood can lead to hurried and hence horrible decisions like they hear the hype about a particular coins and get excited but later they give loss because of that hurried decision. Therefore I personally suggest anyone to try trading once you have settled in your life or at least are 18 years of age, if not 25 at least.

Quite simple and nice but do you sell the bitcoins when they reach a value like 900$ or so ?
I never sell at these moments rather I prefer to sell bitcoins when the price starts dropping from the maximum value because usually the price either goes up and up or goes down and down only.

My problem with the bitcoin world is that I can’t use my hard earned bitcoin freely, there are few places that I can use my bitcoin on the internet and no places in my country to use it , I don’t even think that people know what bitcoin is I don’t know why they don’t embrace the fact that bitcoin is a great thing.

My advice for you is to switch to another wallet because apparently the guy that used it to send that 0.01 btc will come back for more ,and there is no way you can retrieve them so your best option is to send your money to another wallet like Xapo they have a system that send you a code via SMS that you have to enter whenever you need to send money.

There may be lots of strategies will be available but if you're looking for a good one then you may end up disappointed only.

If you ask me, martingale is a very good strategy and if you are doing it in player vs player games in real life, definitely you will get chances to make profits. But, I do not know how gambling sites are managing for such long losing streak to throw us away.

Xapo is a good one plus they send bitcoins by mixing, I mean the receiver never knows who sent the coins actually. Moreover they manage fees themselves somehow which is quite awesome for me. I use directbet casino as hot wallet for now but I used xapo a lot in past (recent past ) and it was quite awesome too.

possible. That is the reason people are viewing adopting bitcoin may kill collecting taxes and the governments. How many people will come forward themselves to pay taxes when they are using bitcoin. I doubt only very few people. So, in my opinion governments are going to face very big challenges in upcoming days.

Bitcoin must be an appropriate medium of exchange to be used worldwide as one single currency. Because with no central power to put unnecessary regulations but facilitating people with all needed thing as per the modern requirement of digitalisation yes everything comes under bitcoin ecosystem.

People are voting 'no' just because of significant differences between sports betting and other gambling : application of knowledge.

It is proven that sports betting is based on knowledge and can be profitable if you are experienced there. But other gambling are not so, even in my experience.

Yeah for some odd reason people have started to call gambling as a investment which to me is totally irrelevant because gambling is like a hobby and do you ever call going to picnic as a investment ?

well if you don't then there is no reason to call gambling as a investment. Yes, you can win with gambling but that's temporary and actually a part of loosing money.

Primedice is fastest when you bet the biggest. Because if you are betting with like 0.000001 btc base bet then its quite slow, I am sorry to say that primedice but its true. I think most of the moneypot sites are quick in processing small bets, while for bigger bets I prefer primedice and crypto-dice

In fact bitcoin is not created to replace dollar or any other currency,  I think we should not even think about it, as we are  not here to devalue any other currency, we just want to make bitcoin popular but not through devaluing any other currency, it is fact that bitcoin is still not so much popular but I am hopeful that the popularity of bitcoin Is increasing continuously.

Yeah you are right but the government has no tools to find out who is doing what business online and hence they cannot really tax someone and the big sellers would themselves pay tax on huge sales.
I think using bitcoins can never be taxed but obviously converting bitcoin to fiat in huge quantities can be taxed.

Hi , I wanted to ask if the promotion is still going . Also how do you calculate the house edge if it is between 0 and 1? I mean I always wanted to see a bitcoin casino website that people could play and wager to get the house edge lower , that way the higher your wager amount goes the lower your house edge gets. There are places where the wager improves your faucet but for whales (which I am not) my solution would mean a lot more.

After  141 pages of discussion and years of finance gambling (I don’t know what else to call this ) you guys are still keeping up with the community and their troubles , congrats man , it looks like you guys made it to hall of fame of bitcoin community by working hard and grinding your way into this , I wish all casinos took care of their users like you guys do.

I wanted to ask everyone who knows history of satoshidice with evoorhees . I was recently speaking with my boss who thinks the bitcoin gambling business can not be big enough that there could be “review” websites of casinos.  I have simply showed him bitcoinstrip only and he wasn’t getting it and calling they are scrubby tiny websites.

Well I wanted to tell him how much satoshidice was sold for but I couldn’t find the figure , do you guys remember how much satoshidice was sold for (not in btc but in dollars)?

And added to this sometimes bitcoins take a hike like from 200$ to 600$ in a month or so so now it can quite easily reach 1500$ or 2000$ which people would think like a new wall (actually right now people think 1000$ is a wall and BTC won't cross, which is a terrible myth) so if that happens you will make huge profits.

Just like European union. I think most of the countries must be thinking about that as the trend about online business and shopping is spread in rapid pace, they must be thinking to facilitate their people providing them good online opportunities. But for this, their country specific cryptocurrency will not help. Only bitcoin must be a right solution.

I also have the same intension, as I am hopeful that the price of bitcoin is continuously increasing and hope that the increasing trend of bitcoin will continue say the price reach to 1000 USD levels in coming months. My dreams of achieving big also will come into reality when bitcoin prices shoots up.