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I'll just sell some Bitcoin when the price goes down again and buy when it goes up.
There's no reason for me to just hold them without earning some extra Bitcoin with the capital.
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In Belgium and The Netherlands, there's already such a site that does this, it's also possible to sell your Bitcoins. You don't even have to make an account etc. For smaller amounts, you don't have to provide verification and for larger amounts, verification with your mobile phone is instant. Check out http://www.bitonic.nl |
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one must not take huge exposure to bitcoins, just with one decision the whole cards can crumble. there can be huge bubble bursts any moments. its like gambling where you never make rather loosing everything..............................................
What does this even mean? Giving Bitcoin lots of exposure is one of the best things for Bitcoin, how would it crumble from that? Certainly, a bubble is always possible, but even when it pops, the prices will rise again. We've seen this a number of times now. |
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I wonder if he would adjust his stance after, say, 5 years when the prices have gone up even more.
And does he think all crypto-currencies are the same as Bitcoin? Some altcoins have even more real-world applications than Bitcoin (Ethereum, GRID, etc.), so I fail to see where he's coming from when he says that Bitcoin has no value...
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Yeah, dice sites are reliable. But as you asking that is it programming? So i answer is no, it is not fake but only less chances are here to win in dice, because it is pure luck game, even i know mostly gambler think that some strategy work on dice, but i don't think so, If you have luck than you mustily win but if you have no luck than no chance to win in dice.
That is just wrong, not every dice site is reliable, there are and have been quite a few scam sites that don't pay out their players. Most established dice sites are reliable to play on but not every single one. Also another person (justdimin ) above you mentioned this already, you might want to read the rest of the posts before making statements like this. |
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Arnhem world's most Bitcoin friendly city located in Netherlands, you can buy everything with bitcoin in it.
Arnhem Bitcoinstad" ('Bitcoin City') as they call it, came into existence when three Bitcoin enthusiasts decided they wanted to be able to spend bitcoins in their own town. They went on a mission to convince local bars and restaurant owners to accept bitcoin payments. At the opening at May 28th 2014, 15 places accepted bitcoins. Since then, more and more shop owners joined them so you can buy a greater diversity of products and pay with Bitcoin in Arnhem.
What we will have next, Bitcoin Country?
What other Bitcoin friendly places you would recommend?
This is very enthusiastic news! who is behind all this and how it happened? was it a result of government initiative or was it just a community efforts? I would like to see how it worked so that other cities can follow the suit. For you, who wondering how it started? Whos behind this? Another user had shared the link https://www.arnhembitcoinstad.nl/It was started when 3 bitcoiners want to spend Bitcoin as easy as spend fiat money. "Arnhem Bitcoinstad" ('Bitcoin City') as they call it, came into existence when three Bitcoin enthusiasts decided they wanted to be able to spend bitcoins in their own town. They went on a mission to convince local bars and restaurant owners to accept bitcoin payments. At the opening at May 28th 2014, 15 places accepted bitcoins. Since then, more and more shop owners joined them so you can buy a greater diversity of products and pay with Bitcoin in Arnhem.An amazing effort and work through years, right? Moreover, bitcoiners offered special discounts to pay using bitcoin. When paying with bitcoins: 10% discount on all sandwiches and drinks
Mo Lon: Kortestraat 25
10% discount on wine tasting events! Next to that: if you can show your studentcard you'll also get 10% discount on wines in the store if you pay with Bitcoin!
Robbers en Van den Hoogen: Velperweg 23
When paying with bitcoins: Second Whopper for free! (excl. bacon and cheese)
Burger King: Weverstraat 4What's most amazing is that they've achieved this with only 3 people. The idea itself is also very easy for other people to copy, so imagine what would happen if other people try to convince stores in other cities around the world. Initiatives like this should really be publicized more around the Bitcoin community. It's also neat that they've included usage statistics on their website, but it also shows that Bitcoin isn't that popular as a payment system, so far less than €10.000 revenue in total per month. https://www.arnhembitcoinstad.nl/#stats |
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transaction fees and transaction confirmation time is really a headache for bitcoin user now a days . if this cont then bitcoin might loss its popularity because even by spending huge transaction fee we have to wait in a large que for transctions confirmation.
I don't think that Bitcoin will lose its popularity because of slow transaction confirmations. If the price is over $1,000 per coin then Bitcoin has a chance to survive without it being used like how people plan the coin to do. Well there is a good chunk of the community that uses bitcoin for micro-transactions since mining fees were low and transactions were fast, not the case nowadays Do keep in mind that the people who are using Bitcoin for micro transactions are generally not the people who are pushing the price up. Not making any kind of statement here, I'd like the transaction fees lower... Just saying that it doesn't seem to deter people from buying into Bitcoin. |
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Betking.io has a 1 btc minimum investment. I like safedice.com and bitdice.me to invest some of my coins  No, betking already lowered the min investment to 0.01 btc. Does anyone know gambling sites where you can invest cause I don't know the names?
If you want invest using alt coins, you must add justdice in your list too. They are use clam as invesment on there Yeah right. Just dice is a good place for investing on altcoin. But i suggest also vslice because they are now developing many ethereum based gambling that will attract more players. The coin right now is under development but you join on their slack. You will know that their developer has a lot of plan for development in their project and investing really a good shot I would also recommend Crypto-Games for Bitcoin and Altcoin investments. They have really good bankroll management from investors point of view, because they limit the max win amount, so sudden losses due to varience are minimal. |
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I would personally be inclined to buy a huge amount, even at current prices. Let's see if this prediction comes true, I'd say that within one month, we'll see an all time high of around 1300 dollars at least and I don't think it will drop below $1000.
I've had good experiences with Kraken and Poloniex, so those are the only exchanges I would recommend.
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Slot games is bad games. I guess
I dont like it, too hard to win in this games and need 100% on luck.
Slot machine is really depend on luck as you have no control over the outcome. So you are either the lucky one who happen to be selected by the machine or you will be the unlucky one where no matter how much you spin, you will end up getting nothing. Slot machine also has one of the highest house edge. That depends, you also have slots with reasonably low house edges, if you play in a provably fair casino. Plus, some slots have a progressive jackpot worth tens of thousands of dollars, just that fact alone make some slots worth it to play. |
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I hate telling new people "bitcoin is an investment and you are gonna make profit from price rise", that is just silly.
Why this is silly point  It is true that if you just keep holding bitcoin without having close eye on market activity than you will actually loss rather than making any profit out of it. So thinking bitcoin as passive way of earning profit is the wrong sentiment. I disagree with you, the transaction fees are getting higher and it is making Bitcoin unpopular especially to the yet to be told and the newbies. I think he made a brilliant point that it's silly to pay so much for a new technology while my conventional credit card charges nothing to perform a similar transaction. It may sound "silly" now.. but in 5 to 10 years.. when financial system has collapsed (and this definetly will happen), the use and existence of Bitcoin will be loved. The use and existence of Bitcoin will be loved by some people, but certainly not all of them. Let's face it, a big part of the general population will just undergo another crisis without Bitcoin. Some will turn to gold or other commodities, but to the average Joe, Bitcoin is just not as understandable as the latter. |
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Bitcoin shouldn't be used daily for now till the payment platform gets faster processing. Bitcoin withdrawals that convert to another currency is how most people are making the daily spending possible.
I don't know if that's a good way to go about it. Maybe the solution would come faster if there's a little more pressure. I'm personally not really opposed to these spamming attacks, if that means more miners realise that accepting segwit is the way to go. |
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If Bitcoin is able to work for Africa in resolving their difficult economies and corruption it should sure be able to go the same for other poor countries outside Africa. I strongly believe the global adoption of Bitcoin is on course and it will reach every nook and cranny of this world.
That is correct. We can not deny the benefits of Bitcoin and it is precise that Bitcoin will help many poor countries. However, in some cases, Bitcoin is hardly used in these areas because most of the people do not have advance technologies like we do. I am scared that they do not even have a smartphone to transfer Bitcoin from this place to another place. I think time is the only cure for this issue. We can not do anything to help them unless they have a good equipment and technology The smartphone isn't the issue, the internet is. What good would a smartphone do if you don't have any internet or at best a spotty internet connection? I think it's more important that some countries in Arfica get some decent internet infrastructure there. I dunno, maybe some free hotspots scattered around rural areas, I'm sure that in the grand scheme of things, it wouldn't be too expensive. |
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I am serious and challenge you to prove (this means i want to see some proof not speculation) me wrong. Bitcoin price is at an ATH, so are unconfirmed Transactions and the fees. Everybody is talking about scaling up while the number suggest we should scale down. Nobody uses Bitcoin as a currency to buy stuff, everybody is holding and in for a profit, so the fees do not matter. Let us maximize the profit by setting the blocksize to 0.5 MB.
I agree. There is only a small percentage of Bitcoin users use it as a currency. The rest, sadly, only use it for profit such as trading, gambling, HYIP, stupid ponzi. And it will take us a lot of time for bitcoin become a truth currency. However, as a Bitcoin enthusiast, I am using it everywhere I can and most of the time, I purchase game from Steam and sell them with a good prices People using it for trading and gambling doesn't mean it's not a currency, I'd say that even proves that people see it as currency, especially in the case of gambling. Currency = something that is used as a medium of exchange; money. |
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Buying Steam game with bitcoin is the most effective way to support Bitcoin and make it more popular to other people. I have bought many steam game by bitcoin and it is very convenient. However, the prices are not very cool. Bitcoin is more valuable than other kinds of payment but we have to pay the same price like them. For example, Bitcoin is worth +5%-10% preev in PayPal but in steam, the price of game in Bitcoin and Paypal are equal.
Aren't they charging the same prices with all payment methods? I don't see why they would need to lower the prices for purchases with Bitcoin. I know that some companies do that, but just don't see it as a requirement. |
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The title pretty much says it.
Looking for people to share their experiences using Bitsquare, the decentralised exchange.
I'm seeing some volume for certain coins and currencies, but nothing compared to more established exchanges.
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Feeling my worst when gambling is lost when I want to earn back the money was lost in the previous games. I told myself that to control myself but I did not do. I lose, I want to earn back the money lost should have bet more and the still losing. But I still bet higher and the result is I lost both the car and telephone. At that time I was depressed a lot, but I was still lucky because there beside is my wife, she helped me a lot. Now I still gamble, but I just see it as a form of entertainment fun. I recommend should not charm gambling otherwise the consequences will be very big, you can lose everything.
Just remember that it's very hard for someone who's been addicted to just keep gambling, even if you do manage to do it 'for entertainment' at this time. You could end up on a slippery slope back to addiction. Not saying everybody is like that, everyone's got a different personality, but addicts just tend to exhibit that kind of behavior in general. |
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Are there any countries at all that see Bitcoin as an actual currency?
If so, it would probably be regulated there, or not?
I'd say most Bitcoin casino's are in a gray zone.
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