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3221  Economy / Gambling discussion / Re: How many BTC do you gamble with? on: December 11, 2016, 09:07:49 PM
I would only gamble at least 0.1 btc if ever, actually the max amount that I can put in to gambling 0.01 only and I don't want to go higher because I am afraid to lose such huge amount like that and I don't usually gamble but if only I have enough btc maybe I can already put and gamble 0.1 .
When I was new in the world of gambling I used to gamble with such a big amount, there was not a fixed limit for my gambling some time I lost more than 1 BTC in a single day, but then I realized and start gambling with in controlled manner, and now if play gambling up to a fixed limit and when reach to that limit I stop gambling and will start watching tv.
3222  Economy / Gambling / Re: MONTHLY BEST GAMBLING SITE (DECEMBER) on: December 11, 2016, 08:55:29 PM
I see this is not full listng of gambling sites.
Actually the list is made with reputed sites that have been running with good reputation and never had much issues. I would give my vote for directbet and cryptogames because both have been superb and I would also vote for bitsler since they have flash bets feature.
And for sports I love directbet and sportsbet.io.
3223  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: December 11, 2016, 08:41:35 PM
With bitcoin gambling and investment were almost the same. Gambling when done based upon strategy user gets better winning chance. At times of losing situation too the loss can be minimized, but with investment needs a long study about the market as well the legitimacy of the investment website.
I agree but it also depends on the nature of investment you do, for example i invest in bitcoins and then once price hikes up I sell them and get profit, if you compare this with gambling I will quite frankly support price trading but if you are a investor in alt coins without much knowledge then gambling and investing has not much difference.

Better would always be investment since it gives experience while gambling would just make you more and more addicted.
3224  Economy / Gambling discussion / Re: Everyone looses in the long run on: December 10, 2016, 07:53:44 PM
I won about 8 btc today, but im still a big loser in the long run. ;(
Most of us are losers in the long run, but hey at least you recovered something. 8 btc is a lot of money(to me), i would too love to recover some of my losses.

Right if we can only recover what we lose after a day then probably everyone will really do gambling. It is risky and we cant really never tell when we will win or lose. Thats why we need to do some plans on how to budget or setting limits in gambling. And most of all enjoy it and dont risk all .

That's impossible for just a single day unless you will have a winning streak when you are recovering your losses. But still you are fighting for your fortune and luck when you are recovering your losses. And most of the time, we are still losing when we are hoping to recover our losses. That is why everyone is just losing in the end.
This simple calculation is complex to most but actually someone should understand that whenever you make a bet that is not at all influenced by your previous bets. Some people think that they have lost a lot and not its recovery time but actually each bet you make has its own risks and since there is a house edge you will only loose more and more.
3225  Economy / Gambling discussion / Re: In what gambling games are you good at? on: December 10, 2016, 07:29:41 PM
there are two different types of gamblers.
You mean gamblers who prefer fun and those who prefer profit making. But being good from any type will be possible, I believe.

They will be good with any gambling type and that are the only gamblers who are making the maximum out of gambling in my opinion.
Achieving the maximum from gambling, will make you to be proud to call yourself that you are good with that gambling. And I agree this is only possible when we gamble for fun. Because to get the maximum from a gambling, we must aim for the satisfaction. A satisfaction will be possible only with fun and definitely not with profits.
3226  Economy / Economics / Re: Bitcoin can not replace fiat on: December 06, 2016, 01:17:06 PM
when bitcoin will also acceptable in everywhere for direct shopping

That is not going to happen anytime soon. If you pay directly with Bitcoins, then you may need to wait up to two hours until you get the necessary three confirmations. So IMO, it will be better to use a payment processor such as Bitpay for shopping.
To avoid those confirmation delays, there are a lot of alternatives already in existing / will be coming.

1. If both you and your seller are using Xapo wallets means your transactions will be 100% confirmed instantly.
2. Lightning network kind of developments are going on to resolve these practical inconveniences.
3. Bitcoin debit cards will be handy. Just imagine if you are getting a debit card services with the zero loading and spending fees.

So, bitcoin will replace fiats soooon.
3227  Economy / Economics / Re: Bitcoin is Freedom on: December 06, 2016, 01:12:12 PM
Bitcoin is freedom i can say bitcoin has lot features that can change the world soon and economics i can really say that we can earn bitcoin for free and we can get it from internet also we can grow that by trading with less fee and withdrew that with fee also we can also find our freedome by using it your find finding it from google.
How you will earn for free ? You need to come out of your meaningless thinking of making money from faucet or from signature campaign as free money. But all of these are just a reward for your efforts. It never can be free money.

Bitcoin is a system of having real freedom to have an independent financial life. We must to use bitcoin effectively just to make use those advantages assured by bitcoin ecosystem to enjoy better benefits.
3228  Economy / Gambling discussion / Re: Does experience matter in gambling? on: December 06, 2016, 01:01:57 PM
Yes because experience can decrease your chance of losing. If you have experience in that game you know when to stop playing it and rest for a while. If you only rely on luck without having an experience in that game then it would be difficult for you to win in that game. There was a saying that experience is our best teacher.
But the actual problem with a gambler would be, out of rush of making quick profits from gambling they usually do forget to use their experience. Only when you are having slow and steady hunting in gambling, you may get chances to use your experience. If you go blindly, your experience will have no value there.
3229  Economy / Gambling discussion / Re: Gambling problem on: December 06, 2016, 12:55:55 PM
If you win, you will definitely come back for more because you believe that you can win and who dont want more money. If you lose, you will also come back for more because you will believe that now you will have a higher chance of winning because you have lost previously. This is why people end up gambling non stop.
Yes gambling problems usually starts from both winning and losses. Both profits and losses urge gamblers to come back so that they are getting addiction with it.

To avoid and to solve gambling problems, quitting it must be right solution. Yet quitting gambling must need very big challenges and professional advises. That is the reason the problem simply continues.
3230  Economy / Gambling discussion / Re: Can I post refferal link of hot game here? on: December 06, 2016, 12:47:16 PM
Good practice is sending referral links in PM to ONLY those who are interested on your momentary benefits, please note NOT to everyone.
This is the least method you can try , but overusing PM to all member with your ref link leads you into perma-ban . Don't use this method on the first place
No. I didn't mean that. We should not start promoting our referral links through PM directly.

First, we need to have a topic about the promotion of gambling site by explaining what momentary benefits we are going to offer. By seeing that people will show their interest, only to those interested people we need to start sending PM with our referral links.
3231  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: December 06, 2016, 12:38:21 PM
I am sure that some people here the reason to gamble is profit
or just play for fun, bcause they an addict in gambling.
Not everyone is addicted to gambling. People do gamble to make some profit and no one has any intention to lose their money. Yes everyone starts out gambling for fun but then it becomes serious when you start losing some major stakes.
Yes it means most of the gamblers are gambling for making some profits and definitely not for having fun. That is the reason they are facing losses and getting addiction. At the beginning of gambling, no one will be addicted to it only in slow progress when they are chasing their losses and then they are getting addicted to it.
3232  Economy / Gambling discussion / Re: When is Gambling Like Investing on: December 06, 2016, 12:31:52 PM
I am quite disappoint when people say gambling is investing. Investing is making smart choices and doing risk management so that you are likely to profit. However, gambling is having no control over the results so you rely purely on luck.
As long as people are considering gambling as a way for profit making and they are facing many risks for that they are developing some strategies to manage those risks then obviously they will be starting to treat gambling as their investment.

But gambling will teach them a lesson in long run after that they will start gamble for having some fun from it.
3233  Economy / Gambling discussion / Re: What keeps you coming back??? on: December 06, 2016, 12:20:43 PM
i think many of gamblers keeps coming back because the gambling offers many games and we are too curious about the games and we want to always to come back with trying other games. but unfortunately we don't always win for playing gambling and this makes us become to curious and keeps coming back and this is happen with me too.
Yes the offers from gambling sites are just baits and unfortunately many innocent gamblers are getting attracted to that and to enjoy the free benefits they coming back to gambling and finally they are developing their gambling addictions.

The faucets in gambling sites are for similar purposes only.
3234  Economy / Gambling discussion / Re: What is your aim in gambling???? on: December 06, 2016, 12:03:19 PM
if people are gambling for fun then they will stick with very least bet amount or they will gamble only for free like with faucet money. Then the survival of gambling houses will be very challenging.
That is the reason some gamblers are making good profit and they are promoting themselves as the winner in gambling and making others to follow him to gamble for making profits.
Yes gambling for fun will be an end to gambling houses.
Still there are people who want some realistic gambling experience and they will spend big money into gambling and still will expect only fun.

I agree this type of gamblers will be very less because in long run no one will be able to afford to lose big amounts. They will start having other type of entertainments instead of gambling.
3235  Bitcoin / Bitcoin Discussion / Re: Gradma knows about bitcoin. on: December 05, 2016, 09:18:28 AM
In my country, even young adults and teenagers have never heard of bitcoins so there is no one to explain to grandma anyway.
Please ignore the present and past stand of bitcoin in your country.

You must start thinking about what changes you could bring. It is a very big responsibility for every bitcoiner to spread bitcoins to their near and dear. If we start introducing bitcoin to our friends and family members, it will slowly spread out to each and every people regardless of their age.
3236  Bitcoin / Bitcoin Discussion / Re: If Satoshi reveals himself, what would be of Bitcoin? on: December 05, 2016, 09:06:27 AM
I think that the presence of satoshi that is needed to sustain the bitcoin ecosystem has always been overrated - in fact satoshi is not here anymore to support us, and still bitcoin is working fine, except for a few debates here and there.

But if he was to reveal himself, it is likely that he will be prosecuted by the government, but bitcoin prices would still probably rise since there will be a hype around it.
Well, if satoshi introduced himself, may balance has been maintained during this time will collapse, and will make the development of bitcoin's value has increased. the government will not stand by to see that happen, satoshi might be working for the government if he introduces himself
Why bitcoin will collapse is Satoshi reveals himself ? Do you think he will start selling his hoarding ? I could not find the any solid reason for this.

But I am too sure, if Satoshi reveals himself, governments will prefer to work with him for a better payment system for their country. But why not they start thinking about adopting bitcoin payment system now itself?
3237  Economy / Speculation / Re: Bitcoin encourage spending and not hoarding on: December 05, 2016, 09:01:32 AM
you see now that bitcoin has a greater value it's more easy for everyone to spend 0.03/0.05 more than one times, instead of spending a greater amount, like 0.2/0.3 few times, when btc has a low value such a $250
so i think the greater is the value of bitcoin, the more people will spend it

what you think?
You mean to say at $760 value, I may prefer to spend 0.1 btc only one time and if bitcoin values $7600 then I will prefer to spend 0.01 btc more number of times due to I am spending less quality in bitcoin units yet same USD value ?

I do not think so. People will spend based on value of bitcoin not just based on how much bitcoins they are having.
3238  Economy / Speculation / Re: Will we start new year in $800+ or remain in $700+ on: December 05, 2016, 08:51:57 AM
We know that bitcoin price affected by supply and demand which mean global trading volume. India bitcoin market just started to rise and many people learn about it, like you said India is country with large populations and it just time matter until bitcoin become so famous there due to recent financial problem. I think we should reach $800 by the end of the year.
Yes it seems India is going to lead bitcoin prices due to their recent policy changes.

The government is about to regulate their citizen's gold savings. But I'm not sure how much it will be possible in a republic country still people may look for alternative investment like bitcoin.

If this trend continues we may start new year even with $1000.
3239  Economy / Speculation / Re: is it time to start seriously talking about a $5000 BTC on: December 05, 2016, 08:47:33 AM
I think $ 5,000 is still very far away and it was too soon to talk about it. I think although bitcoin prices continue to rise in 3 years will not be able to reach $ 5000, it still takes a long time. Bitcoin prices could go down at any time and it is fair because bitcoin fluctuate. So it is still a long way to think about it. Maybe it's better now to enjoy price increases Grin
Too early ? Practically you can not say that. The rapid adoption of bitcoins may bring any miracle. We could never ignore the exponential growth of bitcoin adoptions and it consequences like value appreciations.

For example India is forcing their people to adopt any electronic payment system, they may come know about bitcoin payments at any time and rest of country may copy if India succeed against black economy.
3240  Economy / Trading Discussion / Re: What is the minimum amount to start as a trader? on: December 05, 2016, 08:36:40 AM
minimal number 1 bitcoin trading.


You need to be confident in yourself to give 1 BTC for trading.That is serious money for many of us here, and I traded with 20 times less money.
Its not about money, trading is for skilled people. Smart trader will make profit with every amount, and in some time with 10 $ he will make 100 or more dollars.
 
But we can't be skilled at the start therefore we have to learn first, the amount of money use for trading should vary on your experience and must track his own record in trading for him to monitor his performance and will be able to improve what is his weaknesses.
Yes based on experience only we must decide how much capital we must need to start trading.

The experience does not need to be one trading platform specific.

An experienced Forex trader may start with crypto trading with decent capitals. Only for those who are very new to trading field, must start with possible minimum amount.
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