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2541  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: May 23, 2016, 01:25:47 AM
Gambling is a form of entertainment. Those who says it is a sickness are poor losers who can't win.
Gambling involves mathematics and of course research. I gamble in poker and sports and I always win.

What tips do you have to share?? I am interested to know on how you play or where you read up.
Maybe you should share the tips here so we can all make money in here, actually we have a lot of losers in this forum but if you can share that it might be a big help to treat gambling as investment.
2542  Economy / Gambling discussion / Re: ALL IN!!?? on: May 23, 2016, 01:24:35 AM
Never go all in. I once went all in for 1.01x on BustaBit, and it insta-busted at 0.00x and I lost 0.1 BTC. From then on I stuck to the 5% rule and losses aren't that bad nowadays.

I've been playing on BustaBit for a while before. Whenever I go all in, it's either it goes instabust or it'll bust in a really low multiplier. Whales also do all in there. When they go for 1BTC bet, it just go instabust. There are some whales who were really lucky and made fortune out of going all in.

Really?

is there documented truth to this?

i think he is just saying that there is a lot of cases whereby you bet more to hope you can make a big win, we end up losing as well. and that is what really happen to a lot of people who has  martingale methods.
That's true, martingale method is a very dangerous method especially when you use it in dice when the results is independent from the past results, you need to have a huge amount of money as bankroll to be successful.
2543  Economy / Gambling discussion / Re: Why is gambling so addicting? on: May 23, 2016, 01:23:11 AM
I guess gambling does have such properties, the same as other games. but gambling is probably the game that is challenging, so many people who returned to play even if it has been lost
one of the goals come to gamble is to suffer the loss.  Grin Grin Grin

I don't see gambling is challenging but it depends upon your interpretation with it. And I do believe also that gambling will just make you
suffer for betting your money to it. Only those gambling site owners will always win there.

yup the game is design in such a way that you are always in the disadvantage so you will likely to end up losing.

Yeah even gamblers already knew that they are keep on hoping that they will get some bucks on gambling or they are just looking for
the enjoyment that gambling could give to them.
These gamblers who are hoping for profit in gambling does not know the real meaning of gambling, nobody will win in the gambling in the long run so we should only consider it as an entertainment.
2544  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: May 22, 2016, 05:09:31 AM
It depends on the current price and the type of living you have and also the place where you live at. But if im gonna ask I would say 200-500btc would make my living comfortable after retirement since im only living in asia.

Yeah i agree with you, i also live in asia. I think 200-500 bitcoins is enough for retire in 20 years. With that bitcoins you can do a business or make something and passive income on it.
That is even more enough for me, I can live with 100 BTC for the rest of my life after 20 years if the price of 1BTC is going to be $100,000. Maybe I will  live a luxurious life, just good for retirement.
2545  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 22, 2016, 05:07:32 AM
i have just been tranfered in my company to another position and it's hard now. i may think again and hope there will be a bitcoin way for me to escape this job. feel really tired.

People who are not satisfied with their jobs will prefer to get full time on bitcoin as bitcoin allows them to work on flexible hours but you really need to earn a descent amount in bitcoin to quit your job.

that's exactly my problem, i don't have anyway to earn a descent amount in bitcoin, so it's quite risky to quit my job. i'm stuck with my job.
people around me think that i'm in good position and i'm sure no one will stand on my side if i quit. they don't understand me and don't understand bitcoin.

Then find a new day job that you like and will satisfy you. You don't have to be confined on a job that you don't like. Since bitcoin can't  help you because you still do not have a good income in bitcoin, replace your day job with another day job. While doing that, do bitcoin and earn extra. Though small, it can still help in your expenses.

it's really hard to find a job these days in my area. high competition rate, high unemployment, low economic. i usually fail in job interviews, even in the first round.
I understand you because I have been in your situation so many times, as long as you don't surrender you can always find a job. While you don't have a job yet you can do some sideline here and earn.
2546  Economy / Economics / Re: Are electric cars bad for the oil industry? on: May 22, 2016, 05:06:15 AM
Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Electric car is new technology,and i'm pretty sure people create technology with good considerng about other resource,oil industry will create another tehcnology to keep going and stale on market,and so far electri car not yet mainstream in Asia and Africa.
If electornic car will be widely use in the future then I can also see some great opportunity for the bitcoins to rise its value, as that time we will be going full on digital currency.
2547  Economy / Economics / Re: Bitcoin to be international currency on: May 22, 2016, 05:03:33 AM
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
of course this is good for bitcoin and good for us,good for human being,because people really need new technology of payment.
i can't imagine if in the future i really can use bitcoin for daily,buy food and another requirement with bitcoin,so simple and happy to use new technology of payment Grin
In the future, we will be adopting all to digital, good news that we are the first adopters of bitcoins as I can see this will be use in the future due to massive adoption. As of now, it is already an international currency as majority of the nation have already use it.
2548  Economy / Gambling discussion / Re: Gambling and Bitcoin? on: May 22, 2016, 05:01:50 AM
I've made quite some posts and read even more threads. Which made me think about the combination of Bitcoin and Gambling.

Is it ok to gamble with bitcoin? Last year we've seen a lot of scams and 'hacks'. Fact is that most of them are either made up by the devs or done by scammers whom use bitcoin's anonimity.

Pro
Let's be honest, Gambling is fun, but Bitcoin it is also very easy?

Con
Look at some dice sites, cloud mining sites that ust dissapeared with consumers money.

Since it is about money I am interested in your opintion, Is the combination of gambling and Bitcoin good?
So far,we always see that gambling site more and more grow up,so many bitcoin gambling site,almost every week there are new gambling site. and this reality make me wondering about bitcoin future,if this continue and grow so fast in future,i am afraid people who dont know bitcoin will see that bitcoin is only good for gambling,we know not all people and country loves gambling.
That's true because of the demand of the gambling industry that is why the price of bitcoins has rapidly increased. As of the now, I can say that the price is stable with slight increase and that is a good sign of normal demand in the market.
2549  Economy / Gambling discussion / Re: When gambling makes you cry. on: May 22, 2016, 04:47:56 AM
Gambling makes me cry just now because I lost my bet on cleveland cavaliers, they are playing stupid, they can't score and defend this lowsy raptors team. Sorry, just sharing it with you guys, I hope you are on the other side so you wont cry.
2550  Economy / Trading Discussion / Re: Best Investments on: May 22, 2016, 04:46:23 AM
In online there is "NO" best investment options.

In every possible ways there is RISK involved.
So before getting engage you have to keep this in mind.

My personal experience,
I am more successful with hyips, revenue share sites.
Though this sectors have high high high risk involved.
My overall portfolio is 202% net roi. But with most loses.

I am still in profit after so many loses, at the end I'm happy.

I disagree with you, although there is a risk in investment but there are still ways to earn for the best investment. For me the best investment is investing in bitcoins alone, you just simply buy, hold, and sell in the future for profit.
2551  Economy / Gambling discussion / Re: NBA 2016 Play-Off Discussion on: May 22, 2016, 04:42:05 AM
good to see toronto make some sort of stand.

was starting to look like a boring blowout sweep. They will
prob lose in 5 games but at least they won one.

The Cavs, especially Kyrie was really off the hook. He can't make the shots. Last time I was watching he was 4/32 attempts. He held the Cavs down in scoring. I would love to see Kevin Love do more jump shots like he did way back in Minnesota, he was often > 40 points back then.
Shall we consider this game a gift for toronto? They deserve the win because of their supportive fans, but game 4 is different, cavs will adjust and regroup again to beat the raptors in blowout. In my opinion, maybe the cavs are just letting this happen because they want to celebrate their win in the series at home.
I thought so, game 4 will be different, cavs will win for sure and their shots will be falling again. Bad day for the cavs but the key to win in the series is consistency and cavs have that.
2552  Economy / Gambling discussion / Re: Simple NBA Playoffs Betting on: May 22, 2016, 04:40:42 AM
Raptors did a great job winning this game and I got my winning at 3.4 odds moneyline for them. I should have been more confident with my bet . I thought that this could be impossible at the odds of 3.4 and yet I took a risk for only 0.001 and got 0.0034 back which is quite good  however it could be better with higher bet
I can see your betting for fun only with the amount of your bets, but anyway congratulations to you man, good job. The public have lost so much on this game because of the low point spread for cavs after the two dominating games.
2553  Economy / Speculation / Re: The future of Bitcoin on: May 22, 2016, 02:39:16 AM
We are making future for bitcoin, now everybody trying to make money from it and don't care about it, that's why goverments of different countries thinks that bitcoin is using for illegal things.
Its an old theory about bitcoin because before its in news that some anonimous are using bitcoin as payment for buying illegal drugs..

These are certainly amateurs (or just undercover agents, lol). Serious drug dealers prefer cash and cash only. All bitcoin transactions are there in the blockchain open for everyone to scrutinize and analyze
I can see drug dealers in the deepweb and they made a profit very well, they use bitcoins for the transactions and that made they very successful in the business, most of the users of bitcoins are into gambling or illegal transactions I guess.
2554  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: May 22, 2016, 02:34:00 AM
ETH price is skyrocketing again, damn it I missed the train, it seems like this was overhyped because of the DAO release, I think it will be back to its normal price after this month. Just my guessing, good for those guys who profited on the trading.
2555  Economy / Economics / Re: When do you buy Bitcoin ? on: May 22, 2016, 02:25:09 AM
I just buy bitcoin randomly as I see fit.
sometimes I like it, I just buy it if bitcoin would use. but I sometimes buy when prices are down dramatically, I think it would be a distinct advantage
If you buy bitcoins for you daily transactions like gambling, buying stuffs online, and other sorts of expenses you can buy anytime because price does not matter to you. However, if you want it for investment now is the time to buy as the price expected to be high after the halving.
2556  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 22, 2016, 02:23:33 AM
Quitting day job and completely depending upon bitcoin for living is like making our self into a big danger. In day job you get a reliable earning but with bitcoin your earning fluctuates upon the time you spend on different earning methods. Also if you start to depend upon bitcoin earning for living you won't get time to concentrate on anything else.
If you don't have enough investment in bitcoin its better to keep your day job, you cannot be sure of the future of bitcoins although its good right now, but having a back up source of income is always advisable.
2557  Economy / Economics / Re: Investing Bitcoins? on: May 22, 2016, 02:15:36 AM
Investing with the bitcoin is very good and you can earn a lot of money with investing the bitcoin these days.
The bitcoin will also grow so that is also good.

I do think there is a lot of money to be made. Maybe not for all but in the end even average users should be able to earn with bitcoin, as bitcoin grows and keep expanding.
It's a common fact that bitcoin beats every currency on earth when it comes down to innovation.
if you want to grow your bitcoin then you can put your bitcoin in various investment sites and you just have to sit back and wait until your bitcoin grow and achieve ROI. if you just want to profit from the price of bitcoin then you just have to keep him of course the risk of loss is very small compared you to invest in a particular site

That's a good idea i guess, we have a lot of investments here to choose from or to be safe you can even invest it at your own wallet, all you need to do is just buy bitcoins now and keep it for a longer period of time.However, if you want to diversify, you can try to invest on online casinos and make sure you choose the trusted ones.
2558  Economy / Gambling discussion / Re: ALL IN!!?? on: May 22, 2016, 01:54:40 AM
All in i tried in Dice game first i will use to put small amount only but when i am more and more confident about next play i will go head with ALL IN i won many times but mean while i loose everything in this. So once you tried ALL in any game if you won that means better don't try next game or that whole day it will not work out.

this is a gamble fallacy. cause even you are in luck or you are in a bad steak, the next game will not be affected by the previous result. You will realise that you still losing out cause you are in the disadvantage.
Gamblers should understand that luck is not consistent, you just have it from nowhere and by understanding it if that is your basis of winning then you are foolish because they key is not luck it is consistency.
2559  Economy / Gambling discussion / Re: Is this what we called "addictive to gamble"? on: May 22, 2016, 01:42:47 AM
Even when users experience loss continuing to involve further into gambling than stopping to gambling is just because of addiction. User should have at least small time interval to involve into gambling after loss. Once after loss due to frustration most predictions on betting might go wrong.

But when you become addicted to gambling you can never return back because some addicted to it can not stop in playing it you should seek help from psychiatrist that help in addicted from drugs to gambling and you will need assistant from your relatives or love ones if you want to the mental illness gone!

Being addicted to gambling is hard problem but you can always quit and return to gambling,but the problem is it's a serious disease where needs to have a serious medication, a medication is from the help of the families and friends should be fully embrace to get you out of the addiction problem.
2560  Economy / Gambling discussion / Re: Simple NBA Playoffs Betting on: May 22, 2016, 01:40:48 AM
Wow cleveland is down 13 points at the half, I am think of taking the cleveland cavaliers moneyline live, what do you think? Is is an opportunity or a trap?
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