Most of us have been adversely affected due to gambling addiction because we have become greedy. If one can manage his bankroll and know how much he can gamble with, then I think it will be easier to manage the addiction. If you think that you have come to gamble and make a fortune overnight you will disappointed because you will end up losing everything. The most important thing to remember is to gamble with money that you can afford to lose.
Yes we can not become rich in overnight if you think it is possible in gambling then you are wrong. You should wait for a long time to make more profit in gambling that too here no guarantee that you will make a profit. The losing chances are very high to compare winning chance. So don't expect anything before entering to this gambling, if you expect something then it will lead you to addict to gambling. Everything is on our hand how we can manage our greedy like that we can make a profit in gambling. I think gambling is something which can make you a millionaire in a day. There are many people who are the examples who became rich due to gambling and the lottery stuff in this regard is the most popular. Though, many of the people lose their money in the lottery but the lucky one who wins becomes rich. Therefore, many people tends towards gambling for an easy and fast money winning. |
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I can`t agree with the title.Bitcoin has nothing to do with banking and can`t show anyhting to bankers.
Are you sure ? Bitcoin is a banking system for me. I have used my checking account some 15 months back. I get paid in bitcoins and I am able to spend for my life's need with bitcoins, no need of depending on traditional banks for me anymore, hopefully. I must say, bankers should learn and stop stealing people's wealth. I believe that must be the point of having decentralized system. |
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When we are having definite answers then we cannot call it gambling. When you are not aware of what is actually going on and not aware of what is going to happen next, that is the situation you may call you are into gambling.
Some gamblers do have definite results for their sports betting, still I believe it would be right to call it as a business nor type of trading. Betting is just a type of trading regardless of how its results will be definite in most of the occasions for some skilled gamblers. Trading and gambling might have many common theoretical definitions as well practical characteristics too. But we can easily analyze what is trading and what is gambling. |
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i prefer dice , roulette , dice
i don't like the blackjack
I never understood why people love dice so much, because really dice is very boring at least for me. Keep on clicking the roll Hi and Roll Low button sometimes make me feel like depressed and if I set autoplay really I am playing no part and hence no fun. Is that like that, the games in which you win are the games you actually like gambling ? If so then my favorite would be sports betting. |
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The real sinners are those who don't bet. They have not understand life and are the ones that really are sinning by not using the pleasure of gambling for which they were created. You can't help such fools but feel sad for them. Those who do are not sinners, we are helping so many jobs creation, the Casino runs because of us, their staff, and we put money in the economy. So how are we sinners.
Everyone is already a sinner before you even know gamble, I dont see that people should avoid gambling just because it is a sin. We have dont alot of sin so even if we just gamble it will be just another sin. Probably that people are going to get to hell because of the sin but even before this sin, we have already mark ourselves as one of those that go to hell Actually we are into gambling for enjoyment and refreshment so it is not a sin. Because we are not stealing something from the people and nor we are killing the people but when we feel bore so for enjoyment we are gambling and then we feel well and with our friends by the way of we are entertaining ourselves and others too. In between where the part of sin is coming ? |
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I am a US citizen and I'm looking to buy Bitcoins on an exchange. Are there any that offers alternative ways of verification and don't require a social security number?
United States government is obsessed with Know Your Customer (KYC) and all other identity stuffs when it comes to finacial transactions and exchanges operating in the States have to abide by them. I would advise to go for the offshore exchanges who are not so strict in identity verification. Most exchanges do not ask for a verification upto a certain limit. They require the verifications after a certain amount of total transactions to comply with the laws of the country from where they operate from. Would suggest to use and dump accounts up to the limit.
You mean using multiple accounts so that we will never reach such limits where the verification process will get triggered on reaching ? seems a working idea though. |
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Now that US citizens are on the wrong end what is the best way to buy online if we dont want to use shady coinbase, etc.
You cannot expect transparency in bitcoins, if that is what you meant by your word 'shady'. Not sure why you call Coinbase by that name, it is one of the trusted exchange online even they are having complex verification systems and many time taking procedures to safeguard everybody. To be transparent, you can use localbitcoins, search for sellers near you and do a face to face transaction even if you desire. |
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Unjust to compare Paypal with the exchanges you referred to.
Paypal has established it's credibility from a long time whereas these payment processors sprung up and vanish quite often. But if you are concerned with the verification process, then you have to compromise with these kind of services, as Paypal is very strict in verification processes.
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from cryptonews yesterday I find out that there is going to be activation of segwit2x in bitcoin to allow faster transaction and this is agreed by okcoin,bitmain and huobi, what do you think will happen to price of bitcoin?
Sigwit2x is about hardforking and even most of the big miners agree with it, those bitcoin developers are not happy with hardforking which might resulting in splitting bitcoin network into two chains. As of now, it seems still the blockchain issues is going on and we can expect a concrete solution in near future so that there will be a big impact on bitcoin prices. Unlike many people are waiting for August 1st to have consequences of adopting a solution for block issue, prices will react well in advance. So, you can expect some crack works in July. |
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any announcements in the next days that might bring bitcoin price up/down significantly?
Honestly you do not need any big announcements from any big corporate nor from any government. To see bitcoin prices to go up, you can also contribute like convincing your friends to adopt bitcoin up to the level they could invest. When there will be more number of people will be spreading bitcoin awareness like these, we can be sure bitcoin will be having places in more quick time. We are not doing these and finding bitcoin trading is boring  |
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Bitcoin will not last forever
I predict Bitcoin will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the Bitcoin makes the price move is not fair. In my opinion, the increase in the value of Bitcoin significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
profit-taking but forget to pay attention to the fundamentals of Bitcoin itself, the attitude of the Chinese Government against Bitcoin should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of Bitcoin will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
Meaning, this is just your speculations and prediction only. Though as long as I can see the demand of bitcoin was increasing there is no doubt that it will be happen for sure that bitcoin will explode the price value. Yes you are right bitcoin is going faster to progress because it has a lot of benefits for users and lot of people are making money with bitcoins. The demand of bitcoin is going up every day in a few years bitcoin will be legally used in countries and most countries will use it for trades such as dollars so I think bitcoin has a bright future. We should never forget that the future of bitcoin is purely based on how many new people will be adapting it. Hence we must help new people to adopt bitcoins so that we can ensure a bright future for bitcoins. |
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Managing emotions would not be a problem if you are mentally healthy. Talking about trading and peace of mind, one must be patient while doing trading. Gaining profit while on trading can not be rushed off, you need to be patient while monitoring the market for outcomes ( good or bad ). People sometimes get too worried sometimes once they have put their money on “for trading”. I don’t understand the idea if why some people panic at slight changes in the bitcoin’s price in the market. Seriously, if you have decided to use your money for trading, you should have prepared yourself for any unforeseen or unanticipated outcomes.
In trading, its either you are going to succeed in gaining a profit or the opposite. So before trading, you must prepare yourself and you must understand how trading goes. Most importantly, trade with carefully and with caution! A negative trust is not nice to look at after all.
Personally I will not be having any problem with my emotions when my trading positions are into profits zones. Only when my positions are entering into negative profits, I do lose control over my emotions like what to do next like whether to keep the positions or closing them in quick time. Moreover, these emotion control failure is pushing me toward out of my trading plan in most of the times. Probably if we plan to trade only with affordable capital which are causing no problems on losing, I believe a trader will can keep his cool mindset all the times. |
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i don't have plan to sell my coins and if i had plan maybe when the price will become millions since i don't need money so far because im earning enough for my self to spend that when im in need im just growing my coins till become millionaire hahaha kidding selling is when the price is right and we know what will it be.
So impressive ! I believe this is how every bitcoiner must need to do for a better future along with bitcoin saving. When one person will be believing in to bitcoin completely then he must be taking decisions like how you are doing. Unfortunately people are entering into bitcoin just like how they are investing/trading other investment opportunities. They buy at some price levels and will be booking profits at some levels and then will forget completely. But bitcoin definitely is not belonging into that category, it is a kind of life changing opportunity. We must save whatever bitcoin we will be getting and definitely we can have better future buy saving bitcoins. |
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The worst decisions i made is when i was sell my 500,000 XBY in 14 Satoshi = . Then after a couple of days XBY started to pump up to 100 sats. That time i say to my self your idiot singwala. i watch XBY everyday and day by day i see the price go high and high ! up to 1,500 sats Moral lesson - Wait,Patients, And Knowledge  That happens to everyone once in a while if you are a trader, the most important thing is to stop thinking about that and concentrate to make as much money in your future trades. Yes, we can see many traders are making some silly mistakes which are common for almost all the traders still they are worrying and giving more weight like it is their life changing mistakes and what I do understand from this, is if they are not focusing back to trading then they will keep on repeating these types of mistakes in future trading too. It will be very dangerous for the progress in trading. We need to classify what are the mistakes should be avoided and what are the mistakes could be neglected. Based on this classification we need to react accordingly. |
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This is why people can earn money from altcoin trading. If those ups and downs would not happen then there wouldn't be any profit for altcoin traders. Many people earning good money from trading. No need to be busy about the reason why alcoins drop better buy whenever they drop sell whenever they up.
Altcoin market is more riskier compare with bitcoin trading as we know that their value extremely volatile. But for some point , people may have advantage from altcoin trading but not many people able to obtain big profit from as my friend also experience this. The reason why altcoin trading is more riskier compared to bitcoin trading, is heavy manipulation by big players and dev teams. Even bitcoin trading sometimes getting affected by whales, altcoins markets are almost every day being manipulated by those dev and whales. That is the reason we can see drastic dumps and pumps are happening with altcoin tradings more frequently. Those traders who are taking decision similar to devs, getting profits and are sharing about their profitable trading with altcoins to others which gives an image of altcoin trading is profitable. |
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All of us made similar mistakes. I wouldnt / didnt stop after loosing.
Try to learn when to buy. Do not buy around all time high points.
I like to suggest to stop temporarily after facing big losses. Because we must need some time to learn after a big frustration, simply continuing after heavy losses might lead to more confusions like we could not focus on trading. When we will be trading without focused the mindset, there will be no guarantee that we will not lose futher. So, it must be a good practice to stop trading for sometimes temporarily and we should focus on learning some strategies and mastering some technical tools. When we are having confident about our skills, we can resume our trading. |
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people think that gambling is easy but gambling need some stratigy and skills i think it is not easy .
We have different point of view in gambling, others are saying that it's easy to gamble and others are saying it is not. But it is harder to gamble when you don't have something to gamble. And if you want to give up gambling, you need to be consistent that you won't have something to gamble and just put your money into something more special. Something more special than gambling ? I don't think a gambler will find anything like that. Because for a gambler, gambling is the only essential thing like it is kind of oxygen for them for their living. So, I doubt they will be valuing something else so that they will be get ready to leave off their gambling. But I am also very much sure when gamblers will be ready to move their focus from gambling then they will be the easily giving up their gambling activities. Those "something special" could be their family members. |
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Being curious made me gamble a few times. I'm not much of a vambker but I wanted to at least expierence it once. First time I won and the two times after that I lost. I have lost much so I think it's time to stop. I know how it feels now so I have the experience.
I was actually introduced to bitcoins by a friend of mine through gambling, when he told me that there are no questions asked when you win and the game is provably fair. That time I remember nicely only just dice was the gambling site which is now closed unfortunately. I thought he was joking but then I spent some hours verifying my bet and it actually worked. |
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I don't think it's practical because the casinos need to make their money and offset their bills and staff salaries so with a 0% house edge it's just unfair and unrealistic for them to survive in business.
But that been said, I believe the players loose much much more than the 1% of their wager amounts, it is actually fact that the big fish will eat up the smaller one even if there is no edge and if someone opens up a casino like that they will be surely earning good amounts. All the above, they can see a month and if they see no profit or loss then they can turn up with a house edge and by that time they would have a lot of players too. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Bitcoin is becoming popular in different countries, but not enough to says that strongest currency in the whole world. Due to dollars was still the world currency so far. Maybe in the near future bitcoin can become the the world currency. But I too think yes. Because it’s the beginning of bitcoins, these days bitcoin is using just to make money and on the other side fiat has spent thousands of years so fiat is stronger and one thing I know is that bitcoin will make the revolution the day is not so far when bitcoin will be the strongest currency in world. |
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