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I personally am not a gambler, but when I play I get so addicted easily. I also know some people who gambles their way through life. I also thought of this and ask why would people be ashamed if they gamble? Can’t they give themselves some break and let loose? But looking to the situations, I think gamblers feel ashamed because gambling is a problem they cannot solve. It’s their dependency on that platform that makes them ashamed of what they are doing. I guess if you haven’t caused anything bad against other people, then there is nothing to be ashamed of. If ever there are some things that you did in the name of gambling that resulted to an unfortunate circumstance then that’s when I think you should be somehow ashamed and have remorse to regret your actions.
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This topic is very relevant right now. As we all know, Bitcoin reached a remarkable rate of $15,000. Even reaching $17,000 in some countries. If you have stored your Bitcoin for the longest time, now may be the right time to finally cash out a part of your money because it has multiplied in value significantly. The situation with regards to the current rate of Bitcoin is a big realization on why we should hold on to our Bitcoin because of it's volatility, its rates can reach heights we never knew it would.
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If the rate continues to flourish at a fast rate, there's no doubt that Bitcoin would reach $20,000 anytime soon (maybe even sooner that expected). However, this increase may quite be alarming because for every rise, there is an equal opposite downfall. Hopefully, we can all be aware and prepared for this. Right now, I guess what we can do is enjoy the moment with Bitcoin having such a remarkable rate.
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This is quite tricky as I know when you gamble, you plan to multiply the amount of money you first started with. I guess what you can do in order to save while gambling is that when you win money, you save a portion of it before proceeding to your game. Maybe what you can do is be highly cautious as to sometimes when you’re highly into the game, you tend to bet everything and lose even more in the process. So I think what you can really do is establish how much you wish to save and how much you want to bet before going all out. In this way, you’ll have something at the end of the game. At the end of the day, it’s all about self control. Think of it this way, if you want to save more, then maybe you should gamble less.
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Bitcoin is the most volatile currency. Due to its limited supply and growing demand its movements cannot predicted nor be controlled. in one month it has it has raised from $7382 to $11587 i.e. almost 57.2%. So, if any currency can show such a rise in such a short period it can fall with the same pace. Continuous buying and continuous selling patters are not good for the health of any currency. Currency traders earns money from the speculation. They buy on every fall and sell on every rise. So correction is necessary. 50% correction in bitcoin will be a great opportunity for its traders/investors.
Yup this is what users should take note off when considering that a correction is bound to happen due to the inappropriate usage of Bitcoin, causing it to fall steeply over time. With its increase in such a fast phase over a short period, people tend to get excited and depend on their emotions when dealing with Bitcoin. The 50% correction or even higher is a big possibility especially now that more people are attracted with this currency. Hopefully, they know how secure Bitcoin is that when a decline is happening, they won't let go that easily. |
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I would like to apply in your campaign.  Username : superjeyy Current Rank: Member Current Post Count: 174 (including this post) Bitcoin address: 38g2GWQVdYiYPEz6iWvSyEUmyiCeMsDPvK Wear appropriate signature: Yes |
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You said we should correct you if you are wrong. Bithumb is trading over $19000 right now. I am sure we are all surprised because what we were hoping for before the end of the year has even crossed the line more than our expectation. At this moment, any value right now is possible. The funniest part is that the rate as to how fast the corrections are coming is just alarming. I am sure bitcoin is not even done yet.
Yup, I was about to mention this! I thought $16000 was already the peak for this day, but no -- $19000?!?! JUST W O W ! I was just writing in a thread yesterday of how it would be a blessing if Bitcoin reached $15000 by Christmas day and look where we are now. It's amazing how fast Bitcoin has risen in a span of days, even hours! But as haroldtee mentioned, its increase with regards to the effects it has brought to the corrections should be minded. May this fast increase not bring a tragic downfall anytime soon, or history may repeat itself. |
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I don’t think gambling is a “NEED” if you’re financially stable, it’s more of a “WANT”. When you say you need to gamble, then I think there’s a problem as you have established your dependency towards the gambling platform. Gambling is a form of entertainment, not an element that you can’t live without (except as I said if you are highly dependent on its outcome). In my opinion, the only time gambling should be considered as a need is when you need to reward yourself, or when you genuinely deserve it. By that I emphasize that you are financially stable in life and you have extra money to spare so that you can entertain and give yourself a break through gambling.
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This is a serious problem, i dont have anything about those people, because it is not their fault to be borned in there.
But i have noticed that they all are just doing the same, introduce themselves into cryptos in order to have a better future.
Why you all are looking for the same? i mean, most of you are hoping to be millionaires and you are the first reason of why bitcoin has been so hyped lately.
Probably 1,5/3 of total forum population is from Philippines and Indonesia, and those are the majority in here, and you all are hyping bitcoin as hell.
Is there a reason to be buying bitcoins like crazy people? Or just trying to get them at any cost? Please, give me some explanations, maybe i am missing something.
This is not a racist thread, i just want to know more about your situation.
Though you may be right but who does not want to risk the opportunity of being rich with cryptocurrencies? I am from the Philippines and I heavily understand the implications of investing into bitcoin. Being in a third-world country is very difficult to manage especially when you are surrounded by corrupt politicians. You are going to exert all the means in order to alleviate your current situation and bitcoin may be the ladder in order to take the first step towards being successful. I am not saying that bitcoin will make me successful, but personally it already changed my way of living in terms of giving value to money. About the situation of being hyped, I also want to know on why did you choose Indonesia and the Philippines as the catalyst to this conflict. In the Philippines, most of the population are under the poverty line and only a handful of people know bitcoin. Also, there are a lot of DEVELOPED countries that contribute to this situation and not only the PHILIPPINES and INDONESIA are responsible for this. Though I want to be objective as possible, you really need to check the facts first before making a thread that damages the integrity of these countries. I agree, I mean why are you generalizing the people from third world countries as instant spammers right away? Don't we have the right to feel a sense of relief in life by trying out this venture? You sound like we don't deserve to be here because all we do spam to earn. Well guess what, I do understand where this people are coming from. Try putting yourself in their shoes and experience what it's like to live in a society surrounded by corruption and poverty. |
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Gambling can be very addicting due to the adrenaline, challenge, curiosity, and satisfaction it gives a person. Gambling can give you a series of emotions, but I think what people likes the most is the fulfillment it gives after being successful or winning in a round of a game. The most addicting part I guess is when you gain that winning moment or streak, it will definitely boost your confidence that will make you challenge yourself even more and give the game another go; in high hopes that you'll earn more. What I really mean to say is that gambling is addicting because you get to earn and at the same time enjoy yourself.
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Gambling is not a sin. It can become a sin however, when you lose yourself in the gambling and start to neglect yourself or the people around you.
Gambling, as long as you can control it, is just fun. The chance of winning big is what attracts everybody and makes them come back.
I couldn't agree more with NorrisK. Gambling is a form of entertainment and I think that if you know how to limit and control yourself, gambling will not turn into sin. I guess gambling will be a way of "sinning" (if there's such word) if your action leads to greed and selfishness in the name of gambling. These actions may also result to addiction, causing you to lose yourself and values in the process. When people start to be dependent on gambling for easy money, then I think that's a sin since their mentality is about having everything come easily. |
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When Bitcoin reached $10,000, everybody was already ecstatic! How much more if it reached $12,000 or even more on Christmas day? It would for sure be a Christmas to remember. Looking how the rates of Bitcoin are for the past few days, there is a big chance that Bitcoin will go nowhere but up. Hopefully, Bitcoin will continue to break records or continue to increase in value through the new year.
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To start of, I think both aspects are used for the same purpose which means that they have the same functionality, however I think there are some attributes that they differ greatly. Physical money, or fiat, as you said is physically available and what we recognize as a currency. Everybody has access towards fiat as this is distributed accordingly, however, there are circumstances that we don’t receive the amount we fully deserve due to certain regulations that are observed nationwide. Electronic money on the other hand, is an anonymous currency that can be used for online transactions. Accessibility towards electronic money is dependent on a technological device and internet connection. In electronic money, you have financial freedom as you alone are in control of what you have; this is one of the aspects that makes electronic money more favorable and beneficial compared to fiat.
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I would like to apply in your campaign. Username : superjeyy Current Rank: Member Current Post Count: 164 (including this post) Bitcoin address: 38g2GWQVdYiYPEz6iWvSyEUmyiCeMsDPvK |
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Bitcoin never hack by hacker but your bitcoin wallet can be hacked if someone know your wallet privet key or wallet password then your bitcoin wallet will be hacked.
When I first read the thread topic I thought you meant wallet, which is why I would have to agree with Adrin; but then looking through the answers here in the thread it seems that you meant for the whole system that is storing Bitcoin to be hacked. I guess this is quite unachievable since people get smarter everyday making programs suitable for hacking but has not yet hacked Bitcoin or stolen some on the network. I guess Bitcoin is highly protected and it will take a lot of coding and some cracking until you can do so. For now I guess what's prone to hacking is your wallet if you don't protect it appropriately. |
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vlb and uber partners? so for the record I came across an article that speculated on the acceptance of bitcoins by macdonald for 2018. at first I thought it was true and I started to imagine what impact it was going to have on the world and overall consumption and then cryptocurrency in general .. Then I realized that it was only bets. I was expecting a generalization of bitcoin as it is the reference cryptocurrency for the media because they do not know their subjects and just want to make the headlines, they do not even talk about the 2000 existing coins and when do they call them "altcoins" presented as an alternative to the bitcoin gross error, a heresy. In short, I wanted to come here, see that uber and vlb are a partnership! it's just crazy I'm super excited! imagine if uber accepts the bvl as payment for its passengers ... will be crazy! we will witness a democratization of the blockchain in general but on something other than bitcoin and more !!!!! the world will finally have at hand the power of the generalized blockchain and the vision on cryptocurrency in full! people have always moved and will always need to move! the automotive industry is going to transform itself and revolutionize the market with uber, which is already hyper-useful and highly demanded: here is the recipe for success for blv
Where did you read about this VLB and uber partnership? Could you share a link? You can find it here: https://vlb.io/#js_partnersThere is a logo of UBER, also a lot of other partners. But it does not explain what the partnership is based on. I have seen some partnership deals that cannot go public until a contract. Could be internal dealings. Could be not .. will wait for official announcement Thanks for the anwsers. This is interesting indeed, what kind of collaboration could they have with uber? And when can we wait news regaring this partnership? We are partnering with UBER and provide the special terms for car repair and maintenance on CarFix Platform. CarFix has API integration with UBER drivers' interface Wow! This is really good. Knowing how Uber has been a big blessing to everyone for its continual efficient service, it is good that someone will be there to aid and watch over Uber during rough times to assure that the services provided by this company would be at its best. Kudos to the VLB team! |
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In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties. This has become of the inspiring roles Bitcoin has been playing for some number of people and I think as time goes on this role can be magnified in other parts of the world as well. Now, what is this telling us. One thing for sure: During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown. Bitcoin can indeed be a savior! Wow that's really nice to know! Bitcoin is indeed a savior as it can save you in times of economic distress as it is not affected by the actions of the government (well for some areas where Bitcoin is not fully recognized, government has no control over it meaning it is not affected by any government issues). In times like this when I am very thankful for learning about Bitcoin since the future can be very unexpected and rough. It is good that you have other sources of income to which you may greatly need in complicated times. |
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I think that economist are considering Bitcoin as a bubble because of it's volatility. Since Bitcoin value only depends on the demand of the market which is mostly played by big players of the cryptocurrency platform, their only goal is to create profit from their created price movement which affects the image of Bitcoin. Also the price of Bitcoin does not have a fair market value which is one of the indicators that Bitcoin is classified as a bubble.
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Since Bitcoin is fairly young, it has a lot of time and space to develop into something of great value. We have noticed that over time, despite its volatility, Bitcoin prices seems to come through often and increases adequately. We should take note that one of the biggest factor affecting this is that Bitcoin is a limited resource but the continual growth of demand has greatly affected its value.
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For me currency and asset is same . bitcoin is asset becuase many people keep it for their future money and because of this value people use this to buy anything that they want like paying bills or buy a stuff . bitcoin is currency becuase bitcoin give a profit to us .
Currently, in most countries we can't use Bitcoins directly to buy things either in any shops or online as well so I think as of now Bitcoin is only an asset or investment. If we need money then we need to sell the asset and use that money to buy other things. When we can buy things directly with bitcoins then we can consider it as a currency until that it is an asset. I know currently, we can use Bitcoins to buy some items online but still need to improve or grow a lot. I agree with klf. Since there is lack of access and platforms to use Bitcoin here in our country, it's hard to consider it as a currency. By definition, Bitcoin is clearly an asset since we own it and it can somehow turn into an investment if we choose to do so. Since there is a limitation towards Bitcoin usage, in some aspects it can only be considered as an asset for now. |
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