Gambling will teach newbie a lesson about the value of money. Newbie will know gambling is not a job to make money, you died of your curiosity. Gambling leads to bad effects, you will addicted and you'll pay a heavy price for your mistake, gambling not suitable for newbie. Stop before it's too late. However if you want to experience, you could try once or twice and then you might get unexpected pleasure from it
When a person start gambling for the first time, so he is newbie there, I think for a newbie it is important to get some experience first, he should try to play for free and when he learn about gambling then he should try to start with investing little amount of money he will get some experience and after some time when he will get some experience then he will also get confidence and will play in a better manner. |
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Sometimes I had this feeling specially when I'm betting all or max bet. But whichever ways, If I win and I think I got "enough" then I stop and withdraw. If I lost, then I stop my playing and I don't deposit anymore. As much as I want to play again, I try to control myself and not deposit anymore and just live another day. But yeah, dice game is exciting when you are betting big or you are betting you get a huge pay.
I think not only in dice games but in all formats of gambling and for any amount of bet everyone feel like this. Actually if you are spending money no matter any amount on gambling you feel confident and not having special feeling just normal but if you are even betting for a little amount of money even then you will be feeling your heart tapping in your throat. |
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Bitcoin is a online currency It can not be used for our daily usage . For our daily use we have to depend on our national currency. For online transactions we can use bitcoin because it is safest one for online transaction.
It is necessary to simultaneously use bitcoin and Fiat. Then we will have a maximum of advantages. I don't think so it will have any advantage. I don't know where you live but till now the place I live there isn't any shop which accepts bitcoin as a payment method not even the online shopping sites accept bitcoin till now. I think it may happen in future but for now I use bitcoin for investment purpose only. It is true that bitcoin is not accepted directly as payment method in many places at least not the ones that we need, but there are ways you could use bitcoin to shop online or to buy from the supermarket, like using bitcoin debit cards they are really simple and you can use it like any credit card anywhere and anytime. |
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it's looking bright right now, the price is steadily moving above $1000 and the news and adoption is moving positively, a ton of new people is getting into BTC as well, I guess everything is perfect for bitcoins now.
I agree with you the future if bitcoin is very bright and if one can see the bitcoin currency value then he will come know the bitcoin success rate or I think in future it is most profitable online hub. Its popularity can be judged from the number of user and I think in future it may be much more then numbering in million. I think it’s currency rate may even much greater worth than now. |
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I think the era of free Bitcoin is far behind us, even to get good amount from Faucet is very tasking, you can get decent amount from signature and social media campaign if you are not a spammer and also if you have a good skill in any area in demand in this forum you can put it in service area just make sure you emphasis on using Escrow
In the begging of the bitcoin faucets were giving much and it was fine, but the price kept going higher and higher and that made faucet not a profitable thing because the amount that they give is no longer worth the time spent on them, so like said there are no ways to earn free bitcoin the only way is to work hard for it. |
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I have use LocalBitcoins many times to buy or to sell bitcoins and I am fully satisfied. I haven`t try any other places.
Yeah, I agree that local bitcoin is the best place where you can sell and buy bitcoin, they have a lot of trusted users that are very trustful and they have a lot of offers when it comes to selling either by bank transfer or real cash or even they have gift cards, I really recommend checking it out because it has a lot of potential for profit. |
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both of them is difference, but to make it easier to understand, when you investing, you trust your money to someone and you don't need and can't do anything with your money until certain period, when you trading, you used your skill and knowledge to generate profit and you need to some work in trading, you need to pay attention to the chart and keep the updated news everyday
so when investing you depend on somebody else when trading you depend on yourself
Great explanation, simple but straight to the point. I consider trading and investment are the same, because when I put my money into trading, it is a kind of investment too. For me, both are risky but slightly different about how to make sure the outcome will be good. Investment in my point of view is whenever I want to doubled my capital, whether that's trading, start my own business, buy and hold gold or bitcoin. Well good point for both of you there. For me, i consider investments as more on the long term side while trading is for daily or weekly ventures. Investing for me is when i put money on a prospected spurce of income which may take years. Similar to as you've said, starting a business. While when im trading, as per experience, i only deal with btc and other alt coins I personally don’t think that investing or trading is worth putting and risking your money on you are just better off saving your money in bitcoin, or you could spend some time learning some skill and offer it for people in exchange for bitcoin, nothing comes easy or without cost you have to work hard for your money. |
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i believe if the goverment will open the door for bitcoin to sign on his community. But all of them are still need a process dude.
Governments are never ever going to allow bitcoin to become something that is used by everyone and I think that is due to the fact that bitcoin is decentralized and it has no control over not so ever and the fact that it is not stable it could go and go down at any time, and honestly if people start using bitcoin more and more it will become not cool. |
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You know, wallets can be your own bank. It doesn't make sense to me if you are making a bank for bitcoin. I haven't seen any bank like this. Why dont you make a wallet with unique features? Bank means you need to get under the government control which bitcoin users dont want to be involve with.
I'm kind a little bit confuse of why he is going to build his own bank, Honestly, as a bitcoin fanatic we must understand that by keeping Bitcoin in our own wallet is obviously we are the bank of our own BTC. isn't common sense only, its logic isn't? I think that guy is like to implement the segwit which is not in favor to us for sure. Basically we are already fed up from the long lasting process of fait banks, I think the online wallet system is the superb as it give us so much facilities of using bitcoin anywhere and anywhere, we do not need to visit any bank and we can withdraw our bitcoin anywhere and anytime. |
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In gambling you need to know the playsafe game. So in playsafe game you need to set a profit goal and stop when you achieve your profit goal. In gaming you need to have strategy of how to bet double your bet if lost twice triple if thrice and so on so fort. Quadruple is the best because you achieve your profit in a short period of time.
It's risky since you'll be greedy in that. There is no playsafe if you will double or triple what is your base bet. I think to achieve the profit you want or target, you don't need to be greedy but to be patient. Everytime I gamble, if I feel that my win is enough, I would immediately stop and then will continue playing the game tommorow so that my mind will be more on focused and I think that we should limit the bet we are doing everyday. Then if you want to be safe, then don't plan to make your bankroll double or triple. Some would be enough and that's alright. Achieve your profit the best way that you can in order to win. Perfect strategies (even though there is no perfect strategy), you can never know until you've done it. Be hopeful that your luck is on your side. Don't be too greedy. The only way to be safe in gambling is to do planning and make a good strategy. Although some people think that gambling is depending on your luck therefore there is no use of planning and strategy. But I think that if you have good arrangement and planning in gambling then you can at least minimize the risk of losing money, and especially in sports gambling where your experience and knowledge have some importance. |
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Basically, analysis is needed to increase our chance to win at gambling and to ensure that we do not gamble blindly. We must have guidelines ( we can get it by doing some research ) which we believe will bring us to gain some profit even though it will be very difficult.
Yeah for me too when betting on tennis matches I always do a analyse because it tells us that a certain player is quite weak against a certain player. For example if a match is to be played on clay between Murray and Nadal the odds would always favour Murray while the truth is those are because of his hard court rankings and performance and quite easy to choose Nadal with high odds. |
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I have a question for you. How to make governments accept bitcoin and not see it as a threat? So that one could use bitcoin in daily use, such as paying taxes or grocery shopping. What is there, other than anonymity, thats making governments fear bitcoin and cryptocurrencies?
For now in my country I don't think the government here will accept bitcoin directly, and the only thing I know that bitcoin would be accept is the corporate companies not the government. Because the decentralization of bitcoin is the good thing why the government in each nations cannot control it,. None of the country government will not accept bitcoin as a centralized money. Because they do not want their government ledger to be open one. Then value also volatile. So do not able to run the stable economy in the country through out the year. Absolutely, Government won't accept BTC as centralized money and not only because of its value volatility but it is also have freedom for their users, and they won't be able to track and thus, corruption might increase. In our country they restricted at the beginning but later allowed to indulge in BTC. Though it is great, but there are some limitations. But when we are thinking in depth, why we need government to accept bitcoins. I mean we are into a stage currently what we are having like bitcoin has decent price levels and numerous number of merchants are already accepting bitcoins and every bitcoiner finds his own methods and hence able to spend bitcoins somewhere. All these are happening without support from any governments. Why we do not continue it as it is same? |
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i am watching bitcoin since 5 Years. so, know according to Markets i hope in Future ( Around 100 Year's) 1 Satoshi equal to 1 USD Dollar and 1 bitcoin equal to 10 Million USD Dollars. What you think about it i am not sure but i need Best Suggestion's.
One hundred years is to far for bitcoin to be able to make 1 satoshi equivalent to 1 dollars. Possibly in 30 to 50 years time bitcoin will have the price of 100 million dollars each. Is this a joke, this is not a joke. The world is already studying the usefulness of bitcoin in the financial system that can be used as payment when purchasing goods and service. There are actually countries that have seen the merit of bitcoin and is planning to adopt bitcoin in their country. The only thing left now is for other countries to follow those moves and soon millions of population will join the fray that will lead us to that ideal price. I agree it is not a joke but an exaggeration. It is not the usefulness of Bitcoin that was being studied, it was the blockchain technology that Bitcoin presented to the financial system. Even if they prove that Bitcoin is superb, government will only use the technology and not Bitcoin itself. So maybe let us stop daydreaming about Bitcoin reachin million dollar, but rather let us be realistic first. Aim $10k then next milestone $50k . When you are ready to aim for short term targets like $10k and $50k levels why not speculate about the value of one satoshi after 100 years ? So contradicting. I like OP's statements and I am not finding it as an over imagined. More over as per my analysis bitcoin will not take 100 years to hit $1 per one satoshi. In other terms, after 100 years bitcoin might be divisible into more than 10 digits and 1 satoshi might have got value what one full bitcoin is having right now. |
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As of now we are still just few who knows about bitcoin even we are growing rapidly do you think more people are staying in bitcoin.. they are also decreases not only getting more bitcoin holders there are also people who are just staying away in bitcoin after they experience bad things about bitcoin..
About what bad things you are talking about ? Is it investment losses due to bitcoin fluctuation or bought bitcoins but unable to spend it due to unable to find a merchant in local area ? It could be anything but definitely it is not due to basic bitcoin ecosystem's concepts. So definitely those people will get back to bitcoin if they have experienced any bad things. When bitcoin is getting mass adoption it will be there in every part of this world so everyone will start using it for sure. |
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Bitcoin can be a lot of things but at its core bitcoin is money, since it has all the good things you will want out of money, its durable, fungible, it's a unit of account, and the most important it is a store of value unlike all the currencies of the world except gold and silver, that is why sometimes people think of it as a stock or commodity but it is not, bitcoin is money.
Yes bitcoin suits for many applications then why not we can use bitcoin as a currency. I'm not ready to accept bitcoin for an investment purposes only. Probably right now bitcoin is being used ONLY as an investment vehicle but it does not mean it will stay the same for ever. Once bitcoin prices are getting stable, people will start using it similar to fiats. But I guess it will take more time than our life times. |
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passive income is something impossible except for employment, or for richman like bill gates, mark etc.
for me get some money everyday to eat for my family is a best day.. "
We can it simply as side income apart from your day job or main source of income. Do obviously bitcoin is a best option make a passive income. If you completely full fledged in bitcoin earnings you can make it as full time income as well. Bitcoin nowadays are can be our passive income when we are tradings everyday or when we had miners that we can get everyday profit and we can depend on that one, Also im agree fulll time in bitcoin can fulfill all you needs when you are good in trading. But I don't think bitcoin trading will be a passive way of generating income. Whether it is a full time or part time bitcoin trading, you need to engage yourself for a profitable trading. When you are involving and spending your time for an income generation how it will be a passive income ? Cloud mining can be a passive way of income generation, but I'm not ready to believe into that. |
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What is this really about? Is it to build a bank full of bitcoin or bitcoin bank? If this is about bitcoin bank, I think this is really good enough since it will be accept on everywhere more over on some country there is already some bitcoin ATM which is really helpful. Mean while if this is about bank full of bitcoin, not all people gonna accept this since the price is pretty high for now and there is not a guarantee that bitcoin price will be this high forever
What you mean by bank full of bitcoins ? People here are believing that setting up a bitcoin bank is a stage where bitcoin get legalized so that they will be able to use bitcoins everywhere at the same time they will get huge profits from what they have saved. In my view, there is no need of a bitcoin bank. Already we are doing perfect without it. |
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you can be rich from gamble only if you are lucky and hit the "jackpot" or the biggest price at which you are betting, only one good play is needed to make you rich, in my case i didn't had the chance to hit that thing, but i keep trying with the best game that offer the best probable one, the one that make you lose less
That is the only way to become rich in gambling. Because if we are going to play gambling on a daily basis with the goal of becoming rich we are just making deceived to ourselves. It's very hard to become rich in gambling but if you will run a casino which is popular to the gamblers, it's also another way to become rich. It's pretty easy to become rich with gambling if you either own a casino or you have invested in someone's casino. While I agree that if you hit jackpot you can become rich but hitting a jackpot is not that easy and if you keep thinking about it you will never win indeed. Chasing jackpots is rather more worse because jackpots are made in order for the gambler to be hopeful while he is gambling normally. Like in bitsler you see a jackpot but pretty hard to hit, doesn't mean that we would start gambling for that jackpot itself. |
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Faucet for bitcoin not any more but for altcoins yes, in first 2 or 3 years there was small numbers of transactions so faucets were helping with mining bitcoin but not now that we already have block size problems. there are already fair numbers of txs for miners to include, now that you've got the hint you should move on from this topic.
I guess there would be few significant differences between bitcoin faucets and altcoin faucets. But initial set up costs would be same but we can run a faucet with relatively low capital (in equivalent USD value) if we choose altcoin faucets. If you pay 0.001 in altcoin it will attract many users whereas bitcoin faucets are hardly paying 200 satoshi. |
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Investing on ICO is not advisable for newbie or for investor that has lack of knowledge about crypto. Because as of now, there are so many scam ICO on the altcoin marketplace so if you are not really well oriented on cryptocurrency world, you will just ended up losing because Scammers are really smart and advance now, They put an effort to their scam project so that their platform will be looks like legit and easy to catch some poor investor. For me, i will be avoiding ICO for now
But in some cases, ICO investments are seeming better than risking on gambling. Because the success for an ICO is almost 50% whereas playing gambling remains 100% risky if we do not choose right gambling types. So there would be no differences on choosing investments against gambling with the choice of ICO too. |
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