Why year? I get 1$ every 10 day from one desktop with equihash That's possible, but AFAIK, the discussion is about mining bitcoin using a desktop PC (which is close to impossible). Equihash means you're mining altcoins, which is fine to, but such discussions belong in the altcoin mining subforum. Yeah that's right. In my view mining is quite possible with desktop but the miner won't be benefitted much. Altcoin mining through desktop seems more profitable, so it's good to mine with the specific equipment that are available for mining purpose.
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Bitcoin is the new form money through internet where this can help us out to earn money with less work and hassle free by doing small job we can earn bitcoin/satoshi from internet. Very easy to do transaction what ever your location is this could be a new generation and new generation of money that will came up in the future of this world.
I don't see anything new except the fact that potentially there is a possibility of confidential use in calculations between people. But as soon as carried out conversion operations, and this advantage is lost. I believe everything is new with bitcoin as well the cryptocurrencies. This has evolved as a currency of the future generation making everything digital. This cuts down several expenses and provides an efficient way in the economic system as well in all sectors relative to it.
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Back when I was still playing dice, I always have a set of stop loss and target profit. If i reach either the set amount for loss or win, I will stop gambling. But now, I only gamble on sports betting so it is easier to manage. I only bet on one sports and it is a set amount.
Yeah even I prefer to bet on sports as I find it bit easy and if are aware about the game then you can determine the results and if I make profits from it then I prefer to leave the game without going for more as in that case it may make me loose my money in next game. Most of the users prefer sports betting than the dice and other casino games. This is because of the increased winning chances that we get with sports betting as the odd selection can be selected based on the players and Countries involved into the events. Through dice or Casino the winning is completely based on luck.
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There are tons of fair bitcoin gambling games here like crypto-games, luckybit, bustabit, bitkong, bitsler, fastbets and many more. As long as you can verify your own bet, the game is fair for me. I think you are confused as what ever you said is correct but just check the highlighted one you are telling that in long term house edge is making profit and same you are telling in short term house always wins due to greedy of players. How can in short term gambling becomes greedy, it should be like this that if any site is going down or in loss it is due to that their are some players who are playing for short term and as soon as they are in profit they just withdraw and go away so this way only the house edge are in loss, because in long term only mainly they are in profit. Because greediness comes only when in short term you start to earn and then you start to play for long and here you start to lose it.
I think the house could still win in the short term if their players are having a bad luck. There's always no gurantee of making profit in the short term as the game is so random you could lose right away in your first couple of dice rolls. Already gambling websites have been programmed in such a manner to get good profit from theusers. Again the bad luck of the users gives more profit for the gambling house. An example for this is the recent days popularity of gambling websites as well the profit they've made.
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Gambling is addictive because it's illegal and it's pretty easy to make money from it.
If what you said was true then no one will get addicted to gambling in places where gambling is legal, by your hypothesis, no one in a place like Las Vegas should be addicted to gambling but we know that is not true so your statement is completely wrong. Right. Saying that gambling is addictive simply because its illegal is a very shallow reasoning. It may be illegal in your part of the world but most people who get addicted to gambling are not even aware if its illegal or not. Very few number of countries regulate gambling websites with limitations. So users from those countries will be agonizing to take part into gambling activities. This has been provided with ease through the gambling websites functioning with bitcoin. This eventually makes them a big addict than common users who don't have restrictions in using gambling websites.
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I don't see any topics about this so here we go.
according to coinmarketcap.com when you sort the table based on volume, among the top 10 exchanges sorted by daily volume you can see 4 of them are BTC/JPY markets with a total of $36,444,090 volume currently for the past 24 hours. although 3 of them have an * above them which can mean there is no fee (or some other thing) on these exchanges.
apart from high trade volume my main subject is the fact that Japan recently adopted bitcoin on a massive scale since it is now legal and a legit currency.
so what do we expect from all this in short or long term.
Well, if this increasing bitcoin price is caused by the thing you have showed, I hope there will be more exchange that provide more international currency pair with bitcoin like btc/eur, btc/cad, btc/gbp, and more pair in another foreign currency. It will help bitcoin widespread and regulated. As quoted the legal usageof bitcoin in a developing nation which has a strong technology profile will be considered as a key for other countries to regulate bitcoin as well increase the usage of bitcoin. Already most popular currency pairing as well based on locality werefound on exchange websites. Now this will soon be common even on government websites.
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I believe everyone will love this speculation. Read on this here : https://www.cryptocoinsnews.com/bitcoin-price-hit-500000-2030-says-snapchats-first-investorThey are not just throwing blind balls but come with solid evidences to support their speculation. Usually both positive and negative speculations will occur quicker than expected. We may speculate price levels some what accurately but not the time frame. So, time of 2030 may shrink to 2025 too, what you think ? That's just 13 years to go from $1300 to $500,000. If I did my calculations correctly, that would take almost a 60% gain per year. I could see a few years at that gain, but I'm skeptical about that rate for 13 years. 13 years with a sustained 60% is something very big, but we cannot completely deny that this won't happen. If you calculate the past year growth to the present years growth, it crosses 60% but the sustained growth for longer time period is simply hard. Also day by day along with the increase in users the usage too is increasing. This will surely cause a increase in value than a fall in price.
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So instead of 10 minutes between blocks we will have to wait 200 minutes, i.e. roughly 3 hours for a few weeks.
Well, "a few weeks" is 20 weeks if it happened mid-period, or, what, 4 months. If it happened at the beginning of a period, that would become 40 weeks, or some 8 months. With a block every 3 hours, that comes down to a transaction capacity as if the blocks were not 1 MB now, but rather 50 KB, during 4 or 8 months, followed by another period where things improve somewhat. Of course, nothing would stop people at that point from doing a hard fork, and modifying the difficulty by handAnd you can be pretty sure that people will quickly switch to this "fork" Depends on how many of them are then around ! Who will decide ? What if there are now 10 different versions of that fork ? If such scenario has got created surely entire network might be a failed experiment. The controllability too might have beena big issue, because everyone will organise a group and make them support creating a destabilises situation to reach consensus.
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Yes, small investments do make sense. The thing is with small investments you will get small returns. For beginners investing in 0.01 btc is a good sum. I agree that everyone has to start from somewhere.
Small investment like 0.01 BTC is just for learning path only. It's to make us familiar with most of the investment feauture and how's stuffs and things work. Frankly, small investment will give a very small return and for me that's a wasting of time. I prefer to use my time to do other stuffs and for sure I can get better profit than the possibly profit from small investment. its fine to do small investment if we wanted to try investing if we might have doubt yet on that ICO or investment but still we want to invest because we know it may have a good return, it may defends on the person if they want big income automatically then its really good to do big investment. It depends upon the users interest, at the same time it is good to have small investment than big plans of multiplying with large volumes. Because the small investment won't affect us high even if the plan doesn't give us a better profit as expected. So growing from the bottom is a better way for sustained growth.
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Well for reasons why this is another reason why most countries like the USA has banned online gambling because of practises like this.
They probably got tired of people complaining to the regulation authorities so they just simply banned online bitcoin gambling all together. Because casinos were pulling practises like this and costing people money.
I think it is not the reason that USA has banned online casino but the real reason maybe the taxes as USA is earning a high amount of money from the taxes on real casino so they do not want online casino to come to replace these real casino from which they cannot take that much tax. That might be the reason with USA, which has got the majority of casinos. In my view online casinos doesn't fulfil all the regulatory acts put forth for a regulatory functioning. In short only very few casinos function with all legal regulations. When online casinos gets more popularity the real casinos might loss earning which too might be a reason.
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Yes! Bitcoin is an online currency with a monetary value on it. You can buy goods with any form of currency, be it digital or physical cash. A lot of merchants accept Bitcoin as a mode of payment. Take Japan and Microsoft as examples. Bitcoin will be the future of how we deal with currency.
I wish I had a lot of bitcoin, it started with a small value and now it had grown a thousand times already, I wish I have a time machine though. Bitcoin is a real money, otherwise why would people are hoping to have more bitcoin. People wish to make a lot of bitcoin through different availability. The reason for the same is due to the value it has got, if not none would make use of it. Now bitcoin has been considered as a regulated currency by few countries, so it is sure bitcoin is a money.
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In my view both needs luck, but sports betting is quite easy to make closer prediction and have increase the chance of winning. With casino it is quite hard to make prediction, because it is completely based on luck. Possibly casino bets are preferred by very few as it entirely depends upon luck.
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I imagine that bitcoin becomes a lifetime. My expectation for the next 20 years is a bitcoin success and the price keeps rising steadily.
I'm not sure you can last up to 20 years, advances in technology and information very rapidly, we do not think that nokia disappear when many were predicting the nokia can last until the year 2050. Nokia works fine, I don't know what you are trying to prove. Nokia is quite a big corporate that made an evolution in the mobile industry. At some point it was unable to compete with the android market. Now it is coming back again. So I believe this will be in good competence to the ongoing mobile market.
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If you have correlation in the usage of bitcoin web wallet within several wallets that are existing regularly can try blockchain wallet. This gives a great convenience and usage of bitcoin with much ease and increased security.
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What keeps you coming back is our emotion, we want to earn more that is why even if we lost everything we hope that we can recover what we have lost by playing more of which is not good.
Yeah, also the desire to recover your losses drives a lot of people to continue gambling. However, this usually ends up causing more in losses and isn't a good method of thinking. Thats was a normal thinking of a mind that mostly not know about investing money wisely .Gambling is for entertainment purposes and isn't investment for we to recover losses and most of the time being greedy even the amount win was triple on its bankroll .That's how people turned themselves in a thinking that it will give them a profit but not all the time. In that way a gambler will always come back for that reasons. You won't last when you are greedy, that is the reality, in any situation in our journey in gambling we have to be always in control. We will experience both winning and losing and we should learn to control ourselves on that situation, let us be focus and follow our game plan diligently, never let your emotion ruin everything which will lead you to losing. Yeah sudden emotions and uncontrollable urge caused due to greediness is the one that makes gambling go out of hands or leading us to end itin a short emptying the wallet. As said winning and losing happens in a random manner, we need to have control and try to make the best out of it without giving way for emotions overplay us.
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This might be a deposit that you got from Yobit based on the increased transaction that you've made through Yobit exchange. Same as that we get bonuses from gambling websites based on the transaction, you might have got the deposit amount.
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Lot of exchanges were for our ease of usage. Among them based on the service availability and features exchanges gain more trust as well popularity. I think Yobit has got the increased number of cryptocoins listed on the website.
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Each investment has its risks, but you need to risk to get something, i remember yovi coins being sold at 784 satoshis, and then a lot rules camed into it nowadays the coins is being traded multiple times those cost, soo yes any tiny investment might turn into a big small fortune someday.
Every investment does have a risk that is partnered with it, if the person that is making the investment notices that the amount of money that they could earn would be worth the risk then it would meant that the small investment will be worth the while. The investor doesn't really lose every bit of Bitcoin that they have if they lose a investment on Altcoin trading usually unless there is a very big change in the price. Risk is always an incorporated task along with investment as well other plans. One who overcome it will be benefitted high , whether the investment is small or big doesn't matter at all. We'll be profited depending upon the amount that we have risked in the name of investment.
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Trading is better than gambling because people could get their money back if they lose. The gambler doesn't have the ability to get their money back if they lose.
Trading is not too much better, it is better only few points of view. But if we see in gambling, than gambling has also different benefits. But if we want to earn bitcoins than better is that do both ways, for earning wise, only depend on one thing, it is not help us to earn bitcoins. Is that so? Gambler can manage to get their money back what they can't do with trading , if im going to choose between this two probably i will keep playing gambling than wasting my whole time waiting for the coins to be rise. I'm wise earner where the money is im always there to earn. I thought you were wise then why abandon trading? there is money to make in every minute of trading, that is called day trading where you take advantage of market fluctuation. But I guess you lack the skill of being a good trader and it is ok. I also agree with you that gambling is a good way to win and make profit ifyou are skilled enough. I used to think trading is better but upon observing things, what matters is where you are skilled at. A skilled gambler with no idea about trading, will always earn in gambling and always believe that gambling is better and vice versa. As quoted everywhere the same situation prevails when we make a comparison between two earning source. Each has its own goodness, but the same is not completely felt by the users. Some finds few things a good and the other inappropriate, but the same inappropriate thing is liked by a few other users. So we cannot have concluded statement of which is better.
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what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Use cash. I guess maybe cash would be dead earlier than the internet. Cash system never dies. It is the base for entire economy as well the financial functioning in a country. Now the cash system too have interlinked with the internet. So even for successful cash transactions internet is a must, so the internet gets high updation rather than going dead.
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