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2861  Economy / Gambling discussion / Re: If... on: February 19, 2019, 04:33:59 PM
~snip~

This is the reason people have to get it right at the first place only as when you gamble you should do it for fun this will solve the problems as you will not run after money. But moment you want to make money from it all the problems start from their itself.

I do not think OP is making any money or even trying to make any money. OP is addicted to the gambling fun (My justification could be wrong though) and I am sure there are a lot of people like OP who does the same.

Lot of people are losing from gambling but yet they do not want to quit because they love gambling and they do not want to quit at any cost. Also I do not think that Fun is the main reason of gambling. People play gambling because they want to get quick money.
2862  Economy / Gambling discussion / Re: Benefits of ETF approval to gamble industries! on: February 17, 2019, 01:15:18 PM
Now that news are filter in that ETF is about to be approved by sec, I will like to ask about your views on this.  Will ETF approval affect gambling industry especially the crypto gambling industry?
The approval of bitcoin ETF by sec might still take some time before its done.
But in my own opinion what ever decision is reach be it positively or negatively it would affect Every sector of cryptocurrency and that includes bitcoin related gambling

Well, once the ETF will be approved and many new institutional investors will come in the business, bitcoin price will increase tremendously and this will help gambling grow further as since more people will be having bitcoins and they will be introduced to gambling, will increase the gambling business a lot.
2863  Economy / Gambling discussion / Re: My Own Gambling Strategy on: February 17, 2019, 12:24:47 PM
Gambling is for entertainment and no strategy will ensure profitability.

Indeed, only the owner of the house can use this strategies to ensure his profitabilities. No gamblers can make a win win even larger than the owner, that's why even the owner has his strategies on how he can collect more money from the players.

Nothing is proven to be effective against the house. Unless you hack the platform or cheat the real time casinos.

The house will always win.  This is the term which you will hear often if you are in gambling for some time and it is indeed true. No matter what happens after all, casino are made for them to gain profit from gamblers.



Gambling is for entertainment and no strategy will ensure profitability.

Indeed, only the owner of the house can use this strategies to ensure his profitabilities. No gamblers can make a win win even larger than the owner, that's why even the owner has his strategies on how he can collect more money from the players.

Nothing is proven to be effective against the house. Unless you hack the platform or cheat the real time casinos.
Casinos also gone bankrupt in few occasions which shows that owner how much unlucky.So in gambling who is having luck will win big amounts even if their betting amount is so small, nothing in our hands.

I never heard any casino got bankrupt just because of players wining more  Cheesy . There must be some serious issue in the strategies that the owner had to lose major portion in gambling.
2864  Economy / Gambling discussion / Re: do you play loteries ,did you won something on: February 17, 2019, 09:42:33 AM
I gambled few times in government lottery, but everything I won is one more ticket, so I do not play anymore.

It seems you are curious with your luck, but anyway, you have a good decision to stop in anytime. I guess that you have good control of yourself. Keep it up and don't lose that so you can always control your emotion especially when you playing gambling with or without your friends. Sometimes, I buy lotteries too, but I don't expect to make something from the lotteries because I know that it is pure of luck, so I don't think I have luck in those games.

Not many people won from lotteries. Its like one out of 10000 people who have ever win the lottery.  I have also never won from them. Another reason can be that not all lotteries are legit and few are made just to collect the money fom the public and announcing a fake winner.
2865  Economy / Gambling discussion / Re: Gambling - Eating your Brain and Money on: February 17, 2019, 09:29:23 AM
In most cases if you are trying your loses you will end up losing more and not just only in gambling but the same thing happened in trading crypto currency and Forex. All this happened because may gamblers and traders don't have or follow their money management policy because they are to emotional about their money.

Money management only works for gambling. In trading or forex you also need the full knowledge of charts and pattern before you can actually earn good from it. Gambling however is only a game of luck and controlling your emotions. If you can control yourself and restrict yourself to invest only a certain amount in gambling, then you will be safe from worst situation where people even sell their houses to coverup gambling loses.
2866  Economy / Gambling discussion / Re: Four reasons that cryptocurrencies will revolutionize the online casino industry on: February 17, 2019, 09:03:06 AM
As I am from India, it is illegal to gamble here. Even though there is no specific laws to frame online gambling, people are scared to expose their identity. Crypto currencies are really helpful to be anonymous. Moreover, fast withdrawals and convenience are bonuses of using it.
Yeah same here, in my country indonesia also banned all gambling activity. That's why people here gamble on online gambling. Online gambling is popular here, not only on cryptocurrency but fiat online gambling also popular.

Well I am not sure if crypto is also banned in Indonesia ?  Well if it banned , then doing gambling with crypto is even more breaking the law. As long as you are not caught is OK, but if for any reason you are traced and caught, then it could be serious trouble for you. I think we should avoid breaking the law and only do the things which are allowed in our country.
2867  Economy / Gambling discussion / Re: Want to quit? Here's how on: February 17, 2019, 08:41:23 AM
You better quit gambling so you won't bet anymore. Hope you understand that leaving gambling will make your life confident without.
Thank you for your kindness, I really appreciate that. Many people judge gambling as negative things, including yourself, but I am not sure about the advice you convey. When you talk like that, have you ever gambled? if then, how long do you do gambling? When someone assures that gambling is something that must be avoided, he must know and he has experienced it, but if not, then you are only lying to yourself.


Yes, there are many people who never gamble themselves and but keep on giving advice to gamblers  Cheesy
No gambler want to leave gambling so better not to give such useless advices.



You better quit gambling so you won't bet anymore. Hope you understand that leaving gambling will make your life confident without.
Thank you for your kindness, I really appreciate that. Many people judge gambling as negative things, including yourself, but I am not sure about the advice you convey. When you talk like that, have you ever gambled? if then, how long do you do gambling? When someone assures that gambling is something that must be avoided, he must know and he has experienced it, but if not, then you are only lying to yourself.
Precisely, you can talk about things when you already came from the situations, unless you are just talking nothing, people who suffer from this problem and able to catch up are meant to give advises base from what they experienced before, moving forward from past bad experienced really hard to be accomplish, but with your willingness and your self control tough things can be achieved.

Experienced will tell the whole story and will bring something educational to avoid or to help preventing things to happen again.
That is possible if we always learn from our experience, the main reason why we cannot quit is because we did not learn.
It's easy to say that we will quite but sometimes we are not capable on doing it, because we are so tied up with gambling and we think
that we cannot live without it. That's very reliance to gambling and with too much reliance, things are just getting harder for us, although we need
to quit but due to our lack of discipline things are harder for us to do.
Quitting is an easy word to speak but isn't easy to perform. It is our bond towards gambling will stop us from doing it and we know that some people make this things as bread and butter for their livings. It sometimes due to our greediness and aiming for more which need to gamble everyday for the purpose of having chances to win millions just like of the others. Maybe we should change this kind of attitude and think of about the future.


Learning from your mistakes will help you quit and manate your life easily. If you didn't learn from your daily problems or specifically in gambling, it's hard to quit. You can't easily accept a fact that you're losing that's why you're still in the state of keep going to get back the profit and earn huge profit.

Quitting does not mean to quit gambling forever. It is just your judgment of when to quit for a day after a loss or a win. If you know this art of quitting, you can earn more money from gambling.
2868  Economy / Gambling discussion / Re: A Casino On Steem Blockchain on: February 17, 2019, 05:31:50 AM
Without any ado, it's Magicdice.


Magicdice is dividend paying casino on Steem Blockchain. Steem being one of the fastest Blockchains around, all transfers and results are done instantly.

Dividend word should have caught your attention, so how do you get them?

You get dividends by holding Magic token, and you get Magic token by playing on the platform (until SMTs arrive, that's the only way to get Magic token). The the more you wager the more you earn. Reward halves after every 5% tokens issued (so the sooner you get in, the better for you).

Current Magic token reward is 25 Magic per 1 Steem wagered.

Read more about Token mechanism

Dividends automatically gets accumulated to you everyday and can be withdrawn once you reach minimum — minimum payout is 0.001 steem/sbd.

To withdraw go here, you will see accumulated dividends, click on 'Claim dividends' to get it into your Steem account.



I have around 60k Magic and above is what I have accumulated in last 3 days.

Magicdice has 2% house edge and only Dice game is currently supported. There is no need of KYC whatsoever.

Tips:

— Only gamble you can afford to lose

— Use blocktrades to convert your BTC/LTC/Ether/.. to Steem/SBD instantly- https://blocktrades.us

— Use steem keychain for better experience— Introducing Steem keychain

— If you use steemconnect to authorize your bets make sure to use your active key and NEVER owner key or master password.


Let me know your thoughts in comments below!


It is good site but only useful for those who already have steem account. I am not a big fan of steem and I really do not see any reason to quit my current gambling site and try out this one. However, generally speaking, This will be a good addition and also it will make steem coin more useable.
2869  Economy / Gambling discussion / Re: gambling in the crypto market on: February 17, 2019, 04:52:29 AM
Yes it is, who doesn't want this. You can gamble anytime, anywhere as long as you have phone and data connection. Crypto gambling get boom now but crypto gambling will be more successful in the near future. I won't be surprised if there's a lot of gambling websites that will appear soon.
In a technology creation even though most people consider a failure then there you will find a place that can growth with that technology. Cryptocurrency is very compatible with the online gambling industry, the first one that is highly considered is anynomous for every user, this can trick every government that prohibits gambling in its country and with cryptocurrency they can pass it easily.

Apart of anonymous factor, I think bitcoin has also made gambling a lot more accessible as compared to the past. Bitcoin has really given a boost to the gambling industry as now everyone can gamble online by using bitcoins and altcoins. There is no age restriction left neither there is any requirement of making a credit card first for online gambling.
2870  Economy / Economics / Re: Is Bitcoin now the biggest bubble of all time? on: February 17, 2019, 04:32:01 AM
the value of bitcoin lasts around $ 3500 for quite a long time, is this a sign that it will end? it's still hard to say it all. The bull run can still occur, if indeed some efforts succeed in making investors re-believe they will invest again in Bitcoin.

This price is still high if you consider the starting price of one bitcoin.
Everyone calls bitcoin because they missed the chance of buying early and now they don't want to see other people getting rich.

Bitcoin is not a bubble. This ecosystem exists 10 years and it will last forever. The chain cannot be broken now.

If you see the bitcoin price was near 350$ and today after 3 years it is almost 10 times more with 3500$. This growth of bitcoin is great as you will not find anything which grows 10 times in 2.5 years. The reason why people think it is a bubble is that it went high to 20000$ and many people bought it at such high price. since their investments is down by 10 times, they keep on calling bitcoin a Bubble.
2871  Economy / Economics / Re: JPM Coin, the JP Morgan coin on: February 16, 2019, 02:17:33 PM
I don't care about JP morgan coin, I like investing my money at bitcoin or altcoin without take risk with new coin without have potential and working with bitcoin or altcoin, maybe become lower price and difficult for listing at exchange market.

JP morgan coin will have a lot of hyip in the market and this will mean that it will be highly pump as soon as it comes on exchanges. I think we should all buy this coin to get quick profit. It can easily pump to 2x or 3x as JP morgan has a lot of say in the crypto world and many people will be willing to buy his coin.
2872  Economy / Economics / Re: Investing in Bitcoin in 2019? on: February 16, 2019, 05:54:28 AM
it is a great opportunity to invest now because I am sure this year there will be many people who get a big profit in buying bitcoin. so before the price of bitcoin increases, buy as much as possible if I suggest

I think that we may see side ways movement of bitcoin this year and it will not be the case where we see increase of 1000$ in a week or so. The bitcoin price will rise slowly. If you want to invest in bitcoins, be sure to invest with a vision of long term investment as for short term it is still risky as bitcoin might fall to 2700$ in coming few weeks.
2873  Economy / Economics / Re: Would a global disaster increase or decrease the Bitcoin value ? on: February 16, 2019, 05:41:27 AM
I don't think a global disasters will affect the bitcoins value in the market even in a positive and negative scenario because disasters are happened only in a one place at a time and it also can't destroy a whole country which means that the economy of the affected area don't need to get inform the market to increase or decrease their because government will do much more help to it using their currency.
Well, this is huge than what you and I think or believe because we're talking about global disaster which I believe if it occur it will definitely cause decrease in price of bitcoin value because every aspect of bitcoin have to do with the internet. Besides, do you remember what happened to the bitcoin market when the US workers salaries were not pay acouple of days not to mention global disaster.
moreover the disaster is in a country that has legalized bitcoin such as Japan or America, of course with a glogal disaster will affect the price of bitcoin. of course the electricity facilities will be stopped for a moment, especially the internet that cannot work without electricity, but I don't think that will last long

Are you talking about the disaster which will result in loss of electricity and internet also ? This could only happen in case of a World war and if that happens saving life will be much more important than to invest money in bitcoins. So I think in such a situation bitcoin price will also dump badly.

However, in case of financial problem (like we have in Iran or vietnam ), the bitcoin prices will rise as people will convert everything in bitcoins to prevent themselves from the loss which might be there because of devalue of local currency.
2874  Economy / Economics / Re: Do you remember how you feel about during 2008? on: February 16, 2019, 05:04:57 AM
I did not experience the bitcoin price situation in 2008 because I have only joined the bitcoin world and crypto currency since 2016,
but I once learned about the state of bitcoin at that time from the experience of my colleague who had joined since the beginning of bitcoin was created, but I can't regret anything, I never expected back to a time when bitcoin was cheap or expensive, I hope that in the future bitcoin prices will continue to increase.
maybe on 2018 situation in cryptocurrency market has same condition with current condition.the different thing maybe at that moment there is no insituttion investors and maybe fud not massive yet.

You cannot compare bitcoin from 2008/2009 with 2018/2019. In 2009 Bitcoin was just started and no one knows the potential of it. In the present year, we have realize the true benefit of bitcoin and it is slowly being adopted by the society.
2875  Economy / Economics / Re: Can my economy be fulfilled in the future with Bitcoin? on: February 16, 2019, 04:48:15 AM
Yes, we can save bitcoin, exchange it with fiat, or buy something with Bitcoin. so our economy can all be fulfilled by using bitcoin.

Well, the main idea behind this is that bitcoin should be used as a major currency in the country. For this first the government needs to be agreeing on it and secondly people need to be taught on the usage of crypto currency. Thirdly there should be some incentive for using the crypto over  fiat otherwise most people will continue using fiat as there are many people who do not like the change.
2876  Economy / Economics / Re: What should I choose on: February 16, 2019, 04:32:48 AM
I would recommend opening own business because it's more stable than crypto currency and you have the full control of the business without risking the decision on how you would run the business. On crypto currency side, it's has volatility that cannot be controlled by you, only market decides all of it and it's for long-term investment that you can see your profit from it.

Opening a business is also not so easy and feasible. I have seen many business startup fail because of lack of funds and experience. I think crypto is better in a way that it can give you good return in very less time in times of bull market.


if you already have very strong confidence in the crypto currency investment with crypto currency also because we know the risks that are obtained and your beliefs invest real definitely with a little risk
therefore if we invest in crypto currencies we must believe if you succeed and you also have to know the risks that will be obtained as well. because investing in crypto has a big risk and the benefits to be gained are also large

Well, you can choose crypto as a part time business and try to hold the coins for a longer period of time to get good money out of them. Many trader these days are part time traders.
2877  Economy / Economics / Re: Study says 79% of cryptocurrency event attendees are men on: February 16, 2019, 04:24:37 AM
How they can go and attend these kind of stuffs when they are busy on their cosmetic shopping. Grin

Crypto currency has no gender,all the people who are using money can have the need of crypto currency when it is adopted on mainstream so don't worry about it,women will use them when they can buy lipstick with cryptos.

Times have changed and now you will see women in every field of life and not just cosmetic and fashion stuff. Since you cannot determine the gender of people who are using bitcoins, it is difficult to determine the exact percentage of people using bitcoins are male or female. I think most of the holders of bitcoins will be women also.
2878  Economy / Gambling discussion / Re: Criteria of a good gambler on: February 11, 2019, 04:03:11 PM
Well i have something interesting to tell you all in here.

At the beggining, i thought that i had the key, the secret, to win on Roulette.

I was always winning, and it was something brilliant for me, but in the end, it is impossible to calculate how the rows are going to be.

So, i ended up losing a bunch of money.



This is the the fact that people do believe they know wining from gambling's trick and might be they would have even won but it cannot be a continuous process and if you continue gambling for long time as you mentioned you would end up on a losing note. So better to either take the winning amount in beginning and move away or just gamble for fun.


First of all, there is no gambling trick which will make you win. Even if we believe anyone got such a new trick of wining, he should use the trick twice or thrice and take away the profits. The gambling houses will soon know the trick and they will counter it, so there is no trick which can last forever.
You need to be intelligent enough on when to apply the trick and how to gather profits.
2879  Economy / Gambling discussion / Re: Walk of Shame on: February 11, 2019, 03:55:56 PM
Yep I did it several times, but I don't have any kids or wife. At this time I just remember how many times I won and how many times lost, after that I understand that I won much often, so I'm getting better.
I think that is because of your inability to control yourself, all players will experience it if they have no control and get out of their
plans. the worst you will spend all your money at the casino, and go out with shame



Well, if a gambler is an experienced one , he would have much control over his emotions. He might lose in gambling and yet he will not feel shame as he is  used to such loses in the past. The people who feel shame after loss are the ones who are relatively new in gambling and they want to hide themselves if they loss in gambling.
2880  Economy / Gambling discussion / Re: Gambling addiction becomes more popular with young people over time on: February 10, 2019, 01:47:46 PM

I see that the younger generation attracts to the gambling business because they can easily get an internet connection and they browse many things, and finally they found a gambling game. Once I found a younger person play a game using the credit on their prepaid card and they said that they could use that for betting in a game. I ask him how he can access those sites? He only said hey I install VPN from the ads that I've found in the apps so after I install VPN, there is an ad showing about the game, and I click those image and then it asked me to install the game. I try to follow every instruction in the game, and I see that we can use the credit in our phone to bet something inside the game.
I only say, whoa you finally found a way to gamble, but be careful, don't play too long because you will spend all of your credit and will refill it again and again until you don't have money.

YouTubers easily influence viewers to actually pay on them.

Actually that's how I ventured into gambling.

I also started my gambling career after I got some information from a youtuber. These days youtubers pay a great role and people tend to listen and follow the youtubers. Remember a decade ago, movies had a great influence on the life of people. Same is happening with youtubers now.

Young generation think youtubers as ideal and they tend to follow them. If they promote gambling then many new people will come in gambling field.
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