It will be impossible to be able to remove fiat usage, crypto currencies help us to move to a better transaction, digital transaction will be future transaction where it is safer to do transaction without bringing cash and bitcoin has bring it to better level, which is anonymous transaction, so i am not agree crypto currencies bring danger
To me noting is impossible in this world, so it can also be possible that a time will come when all the people will use bitcoin for completing their need and bitcoin will then also provide every facility to them therefore I think then people will not feel the need to use fiat and its importance will be decreasing from time to time and finally will become last forever. |
|
|
|
i think bitcoin is already an international currency because i see that nowadays bitcoin is acceptable in everywhere and bitcoin transaction is very faster than other currency and we can say that bitcoin is already international currency.
Yes bitcoin is an international currency but not on the ground level. People around the world can send and receive bitcoins but the overall percentage of bitcoin users compared to the fund transfer industry (including paypal + wire + cash etc) is very low. We must create awareness among friends and family to use bitcoin. We can safely say bitcoin is international currency on ground level too when there will be significant amount of users around the world. Yes, the users of bitcoin are very low, but it is a fact that the number of bitcoin users are increasing continuously. Interestingly the progress of becoming international currency and the user base are happening simultaneously as in decentralized system there will no one to declare as international medium of exchange, only we people need to make it so by using it across continents. |
|
|
|
Many people said the gambling is just a game and another people said it is Investment. How do you think?  Well, for me gambling is such as games of chances and luck, that could allow you get profits by doing it but so risky as hell which could lead you meet more loss than winning. What interesting is people already know they probably have higher chance to loss their money but still do it expect get more money. Your statement has the answer of why they still gamble when they know they will loose. Because you see they " know " that they will loose gambling rather than they understand that they will loose. Not saying of others when I gamble, I am for some reason so positive towards my bet that I always think that I WILL win it ! more in sports actually. |
|
|
|
Hello Guys, I would like to know you're understanding about online gambling and real life gambling. Since here in the philippines online gambling is now illegal. I'm just curious what's the difference about this too. Why make online gambling illegal?
Online gambling is being called illegal in the philippines because online gambling doesn't pay for tax in philippines government. They want the citizen of the philippines to only gamble in casinos who are paying for tax for goverment only. The tax are used for government projects but most of the time corrupt official are the one who are gaining a lot from the taxes. Thats the real reason behind because corrupt officials really wants to have more money coming from the casino house if online gambling continue the target taxes coming from real house will be decrease glad theres btc casino which cant be control by any government officials. Let them be the legal and illegal issues brother but honestly I think online casinos are much better as compared to the offline casinos because I have gambled on both places and I am quite happy to say that online gambling gives freshness of mind while when I played on the real casino I had a lot of issues like there I drunk a lot and hence lost a lot too, plus they never stop you, anyways  |
|
|
|
correct . many people are ignorant accuse a gambling site it is a scam. for the reason that he suffered defeats continue to occur. when he got to know the risk to gamble. and finally those who accuse ask them in return bitcoin
Yes this is correct because when we loose in gambling we also loose our temper and hence even when we know that the site is provably fair then also we doubt whether the site has scammed us. In fact, I do not blame such people because I have myself faced this and I was so furious that I thought the site was scam. |
|
|
|
Yes I think the whole gambling thing is based on luck, you need luck to win money and I think that is also the whole thing behind gambling.
I think the most important thing in gambling is your luck and I also believe on trust 100%. Although your skill and experience can also help you but still luck is the most important element for your success in gambling, if you are lucky you can really make good money in gambling a short period of time. |
|
|
|
Well, maybe in sports betting, I always bet BTC 0.005 until 0.007 once the match. so I can be more efficient in gambling, and not spend BTC exist in my wallet. I am always careful in betting, because if I bet a lot and lose, it will make me stressed. so I only bet with a little BTC when playing
luckily you are play on sports mostly isn't it? with 0.005 and a little touch to manage your bankroll there is no harm to do gamble continuously , but if you gamble in a casino even with a very small amount i am sure not many people can survive to keep playing. as gamble in a casino always make you get heated . Sports betting is better if you a gamble who love to study to improve your method because there are ways that you can improve it, also the outcome of the game is not that fast like in dice game so you can still analyze before putting on the next game. That alone would already give you time to think better for your picks. Yes agree with you as in sports betting need some good study about th players and if you have sound about them it can help you making money in gambling, in sports gambling you can also use your experience and skill as it do not depend on luck totally and that is the reason that sports gambling is a little easy as compare to other forms of gambling. |
|
|
|
As more people try to get bitcoins, it is spreading thinner and demand is increasing. So it's not just that there are fewer being mined, it's also that more people are becoming interested in holding some bitcoins that is another factor.
I think as price increasing evetyday. We could see more adoption from the people who added in their businesses. Due to thid demand bitcoin price rising steadily. The adoption and price increase are depending on each other. But, we never could conclude which is pushing the other one. Because, more the adoption will trigger more demand and will eventually lead to higher price levels. Higher price levels usually will attract more people to get into bitcoin adoptions. |
|
|
|
Only holding is really best investment especially for bitcoin wise. Now i have no trust on online sites of investment, Because i already have one incident when i started work with bitcoin, So i suggest to anyone never do any invest your amount in online sites, till you know about it very well. But for me, i also think that only hold the bitcoins, it is more than better to give your bitcoin into other hands, and secondly, holding the bitcoins more have benefits than trading. Only you should need open your eyes, when bitcoin price rise up than sell them.
Yes, I think so and specially in present time when the price of bitcoin is continuously increasing, as it is the best investment from all other investment as you have to simple hold bitcoin for a good time and when you realize that it is the best time sell your bitcoin and get the profits. |
|
|
|
I think it is because many people don't know about it. So it is not yet well known in our world. As well as converting it to fiat is difficult because of that. Let's hope in the future many people will know about it so it would be easier buying bitcoin and converting bitcoin to fiat.
You are totally wrong. There have been many people known about the Bitcoin already. We are living in the modern and technological world in where people quickly adapt and understand new developments and technologies. In my area, although Bitcoin is not used very popular, most of the people know about it and you can easily buy bitcoin wherever you are. In my opinion, the reason why he can not buy Bitcoin is that people in his local area do not want to sell Bitcoin. That's all May be a little difficult in start but for those people who have some knowledge about bitcoin is too easy for them to buy or sell bitcoin, I think it is big issue that can create problems while buying bitcoin, I think it is more convenient for those people who are interests in online business and shopping. |
|
|
|
Increase in price will let peoples to sell their bitcoin. But mass adoption tends more peoples to buy and use bitcoin for their daily needs
Well, how would you know that the increase in price is due to mass adoption or a price increase itself ? See sellers will always sell the bitcoins and we cannot convince them much to hold but there would be a lot of buyers too because we all know when bitcoins price increase, it ends huge usually and hence a lot of people buy it. |
|
|
|
Selling everything will leave you dry and then you will no longer be able to buy at the higher price and you need to wait till prices fall again. I believe that if you keep a target price then as it is reached sell a fraction but dont sell all, if you see even more rise sell another fraction but still dont sell all. The basic reason is the same, if you sell everything you will have nothing to reinvest and then it will become hard for you to start trading again.
Yes I am also not in favour of everything, to me if you have some extra stuff in your house and that you are not using any more, so you can sell such kind of things but selling everything is really not a good idea, as I have just sell my old running and some other exercise machine which I am not using any more and then I invest the money in bitcoin. |
|
|
|
No one knows this answer....nobody. maybe it goes up maybe it goes down. I believe in the fundamentals of btc and am long btc, but i might be wrong. I do tend to believe that the ecosystem is growing and will see a very long growth period ahead so the value might tend to be bullish over the long haul.
What matters is we are seeing that the ecosystem are growing and when it grows we are benefited, we'll sell at the right time but to never sell is fool. The market cap of the bitcoin has more than doubled in the last 12 months. It is possible it will increase again. So it is going to be bad decision if you are going to sell bitcoins today. And what is happening now the price is quite falling again after the price increase but still the price is that kinda good to consider but still its up to you if the price is already satisfying to you. Just don't sell it forever and use it as a display in your wallet. Yes I agree with you, as the price of bitcoin is continuously increasing the price of bitcoin, therefore it is not the wise decision to sell bitcoin in present times. You should wait for some time, let the price of bitcoin reach to some high price levels like $2000 too (it is going to happen for sure by 2017). Then, you may not need to sell as you may start using it. |
|
|
|
If you mean online gambling that bitcoin is the bet, then you don't have to worry if that is illegal because bitcoin is completely anonymous so it can't be track by the government and if you are thinking that they can hack you by your IP address, then don't be afraid because Philippines Cyber army is not good in hacking, trust me. Anonymous Philippines is way more better than them.
illegal is illegal! even if you are playing it online there is not much different because you are still breaking the law and putting yourself at risk. and bitcoin is not as anonymous as some people think. and all the extra stuff like VPNs are good but in the end there will always be some risk left. Man there is no risk. It is like worrying for everything you do in your life, I never understand why some countries put restrictions on gambling for it is population because see maybe in future they will also tell you that you cannot watch movies now. If you can avoid some horrible rules of your govt. then I don't see much issues. |
|
|
|
Part of the reason why someone is hesitant to use bitcoin is due to the limited number of merchants accepting it, be it online or physical shops. I know that there are more shops and online stores accepting bitcoin, compared to two years ago, but still, we see that there's still a lot of work to be done. Currently, I am spending my bitcoins only on a few things and if the need arises, I just convert mine to fiat.
That's for now but we are looking for a better future, the main reason is we are still in the adoption stage and though a lot have adopted but not big enough to attract investors open a business where they will have to accept bitcoin for our convenience as well. Not really stores are needed to push something, consider a example as paypal , not at much places PP is accepted but the online market is much bigger and enormous and thats what gave a kick to the paypal as a payment processor. bitcoins being much much better since no fees and no reversible txn but the issue is that none big sites are still accepting BTC yet  |
|
|
|
So.... how much have you win or loss gambling ?? And what did you stake ?
I've lost about $60 so far but im planning to win it back. Pigs get fat and hogs get slaughtered.
A saying well said, however i still need to learn it since my greed is my downfall. Guys and girls
how much money have you made or lost gambling ? Any pointers or warnings ?
I always playing in gambling with small capital let's say that im going to play with the capital of 0.015 of bitcoin and then if i turn it into 0.03 or double it i just stop playing gambling i don't try to push my luck when i already when then i stop i don't want to take my profit back or get again set goal is always a matter. Really you are treating 0.015 BTC as small capital? That is even my biggest or maximum amount of gambling. And that is the best thing to do, when we are able to make our capital double then that's the right time to stop. Because if you will aim to make it tripled then you will also have another problem for it, just don't expect too much and aim too much. Yup 0.015 BTC is not a small capital, and it's around 10 to 12$ bet this is a big amount for me. And doubling your amount to get back your loss or to increase your profit that is the best time to stop your play. Otherwise, it will take us to make our wallet empty. In gambling whatever comes, we just accept that we don't expect more. Sometimes we think that if stopping was the core winning strategy from gambling then why would we even start ? I mean suppose we were to stop gambling once in profit then there was no use of gambling at all. I think the only possible way to gaining more wins is high odds and low amounts, that has worked for me if something ever has. |
|
|
|
It is not necessary to quit gambling. You should just do it responsibly, gambling with the amounts you can easily afford to lose. If you can't do that then it is very unlikely you'll manage to quit gambling even if you think that this is very important. So my advice: do not quit but rather learn to contol yourself.
But how long a gambler will afford to lose ? I believe after some point of time or after having some amount of losses with gambling, a gambler will think of quitting it. So, why not we should simply quit before risking all of our wealth. I never agree that it is not necessary to quit gambling. It must be one of the necessity for a gambler to save his rest of life. |
|
|
|
in my opinion buy lottery tickets is called gambling because you risk your money on the games
risk money to win some prize is called gambling i guess
there will be winner choosen and of course some the players is loser
Yes, we are risking your money with lottery and to win a lottery we are highly depend on our luck alone. These are enough aspects to call lottery a gambling. But I believe there will not be any entertainment is possible with lottery system, so it must be a pure gambling or a variation of gambling. |
|
|
|
yes when bitcoin was first launched it spreaded like a virus into the whole underworld where it has the complete place for all type of illigal activities and more but thats not truly our point. tor nretwork has many sites running and most ofvthem accepts bitcoin as payment
I think we shout admit the fact that bitcoin is mostly use for good purposes, and may be a little number of bad people using it for illegal activities just like other fiat currency, I think we should always look to the good aspect of everything. |
|
|
|
Yup! play sports betting instead there are a much higher possibility that you can win with it, if you are good at analyzing on sports by seeing the strength and skill of the player or a team you can most of the time win in it, and if you are good at poker because poker is a skill and luck base game there is a certain hustlers in this kind of gambling that is why you can surely win a much higher percentage.
sports betting is comparably easy and you have some good chance in sports betting to make money, actually in sports betting your skill and experience is count therefore you have better chance to make money in sports betting. Playing only sport betting also must one of the gambling strategy in my opinion too. |
|
|
|
|
Show Posts
