surely you have experienced the worst decisions when using bitcoin?
then what was the best decision?
the worst is i bought bitcoin when its $660 and in the 3 hours later the rate is drop until $651 and in that moment i buy, i don't read anything news or take a look at the charts, i just buy, i don't know why. gezz i only wish in that moment and hope that rate is back and i can sell it to take a little bit profit. and when i login tomorrow, i see that the rate is back in $662, and i directly sold it at that rate. only little profit but i'm happy. I remember this moment when bitcoin price around $640-680, that's a good price I think because a few days later the price fall down below $500 and stay still under $600 for a month but today what we waiting for happened, it just reach $600 again, touch down. You might felt get a little profit, but how about next year prices that should be reach $700-1000 better to hold and not sell your bitcoin. |
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I think when just explain the fundamentals of bitcoin people really get it. i know that a few of my friends have had a laugh when i first explained bitcoin but over time most of them have started looking into it and ended up using it.
One way to getting people to use bitcoin by tell your friends and give an explanation all about the advantages of bitcoin through Facebook will do the same, I think will works like you do. Basically people will attracted to bitcoin whether as currency to earn or as investment. |
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This is a fair enough argument but some goods and services you can only pay for via fiat. In fact most goods/services can only be paid for by fiat or credit. Inflation is going to be a thing at all if you are just selling the amount of BTC you need to make a purchase in fiat. I am guessing you mean exchanging for large amounts of fiat that you wouldn't be using in a few days time.
He has a point, we understand about it. Why we should sell the coin if it reach a good price instead of shopping spree using bitcoin at online stores. But I agree that there are things that you can't buy without fiat money, it depend on which country you stay too. Not every country has many stores accepted bitcoin as payment even in the next 10 years. |
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I was asking myself how did I get into bitcoin and I took a little to remember. The very beginning was when I was about to buy a graphic card . . . . I was googling it and find about bitcoin I was trying to got bitcoin but I was very hard to earn bitcoin.I was away and now am again come back....
How did I get into bitcoin because of my friend told me about his earning through online currency. So I do some research about bitcoin, faucets and made several accounts of wallet but don't know how it works, lol. After heard his explanation about bitcoin and then I can figure it out and know how to earn it. |
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given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is how do we trade bitcoin during this time if we can't access internet.
home internet and mobile internet goes down
Will we even survive after a nuclear war? satellite internet might work for those who survive lol Yeah, that's the main question, are we going to survive after nuclear war? If internet goes down so we won't be able to use it since bitcoin has no physical form. We will just use fiat money or gold, like they said if nuclear war happen we have bigger problems to solve, no electricity, no internet, no food (nuclear radiation contaminated). |
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Does this mean moneypot is considering a sportsbetting option? I'd like to see another sportsbetting site. Anyway, I definitely prefer bitcoin sportsbetting sites vs fiat ones.
Why?
- No verification needed
- Quick withdraws
- Better odds/lower margins on some sites vs fiat books
- Won't limit you for arbitrage betting or using only their best odds lines.
This pretty much sums it up. Also, with directbet for example, you don't even have to create an account or keep bitcoins onsite. You fund each bet from your own wallet and your winnings get paid directly to your own wallet. Yeah, that's why many people love to do online gambling. It provide chance to new person to try gambling due to it's advantages such as low minimum capital and anonymous transaction which can transfer directly to your wallet. The conclusion it's easier to do. |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
Let me guess - you are basing your opinion, like tens of millions of others, on the price of oil?  Plastic is made from oil. China is just discovering plastic. Well... this was started in January... But if you haven't figured it out yet. The crisis will be involving pension funds and too low interest rates to yield anything for those pension funds... and a consequence the pensions are being used in the stock markets gambling experience!  And since socialism isn't a virtue in the West.. to take from the wealthy and give to the poor... Well.. then.. bummer! You will just have to crash and burn in to more poverty! Also... besides the banks that will fail... there will be also the insurance chain of enterprises that are tight with the banks and they are like a safety net for the banks to save them. But guess what? Those also fail miserably... because they have executives with huge bonuses and nada socialism perspective as it should be. They always count on the new/future inflows of cash to supply them and have no consistent reserves. My advice is that you should stop paying for health insurance and stop your contributions to the pension funds if you can. So it was started in January and OP said about bitcoin price will skyrocket to over $10k, but it's September now and there is nothing happened about the increasing. We haven't figured it out yet, what the cause of financial crisis? Is it affect all western countries so they banned bitcoin? But never heard about it yet. |
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bitcoin has afftected my life a lot not only positively but also negetively.thats because there was a time when i use to walk run and even jump like a monkey with friends and all the outdoor stuffs but after getting involve in this bitcoin thing i am spending most of my time either coding or learning new programming languages or earnin btcs for somewhere . should i lower spending my time in internet or not and is there anyone who is facing this type of addiction here
Well, time is always passed and it's your choice whether to be mostly outside with friends or inside to earn for living. But you can do both of it depend on how you manage your time and set priorities which one is the most important thing to do. Everyone has the choice how to live their life, so make it mean. |
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just play with the small deposits and never try to catch all your losses because you will lose more
Play with whatever you are comfortable of losing. This also goes the same with investment. Never go for more than you can swallow. As gambling is a negative expected value activity, i would suggest you to go in to gamble just to have fun and dont purely aim for winning. You should aim for winning, since the other option is aiming for losing Jokes aside, you should probably just spend a set amount and not go over that limit and the amiunt you said should be something that you're not going to regret losing if it's all gone. Yeah, the smart way to gambling I think there are a few : 1. Learning about the game and never get into without know nothing 2. You can follow a person who good at it (tipster/expert gamblers) 3. Set some amount for gambling (limit) that you can afford to lose it. 4. Know when to stop whether you win or lose |
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For the moment I think the price will go down a little so I am anticpating on that and waiting for the price to go down.
When it does I will make sure to buy more bitcoins, because For me it is easy to hold at least for a few years at least. When the times come, i find an appropriate price to sell out.
I think the same, so we're waiting for the price of bitcoin decline right? Haha, the opposite what a lot of people want the increasing. But we don't know if this month the price will be decrease and we buy it to hold until a few years waiting for a significant increasing and sell it out. |
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Testing this method...wager only 5% of bankroll each time...
Gambling is for fun and you already know that we can't win at the end than it is good to fix the amount how much we can lose for the day. % depends on individuals because if someone got a very little amount than 5% may not be sufficient for them to play so you should at least tell what is your current bankroll. Everyone who did gambling already know the consequences of get losses. Yeah, set just 5% each time get into gambling is a safe method, so if we lose it not too much. But some people who want big profits and get bored with small bet wouldn't satisfied, maybe about 20% each time would give you nice profits. |
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in present bitcoin is spreading too fast.though all people of world not using bitcoin but in the future bitcoin will spreas more & more. Many country will accept bitcoin like fiat and many store,shop will accept bitcoin as a payment method. So,bitcoin will be more popular in future.
with the passage of time bitcoin users will continue to grow in the future, when the need for something requires a lot of money then the withdraw money through the bank have maximum limit and restriction policy will bring the money that will be key to success bitcoin in the future. Can't really predict the future of bitcoin because looking back at it's progress, we can actually see just how fast of a phase bitcoin is changing. From roughly 7 years(?), it has gone from nearly invaluable to this much. What more in the future? Considering that we're nearing to supply cap, anything can happen now. Looking at the last 7 years that bitcoin has good increasing every year even there are some decrease. I think the future of bitcoin just like anothers currencies that would be using worldwide due to it's advantages which common bank doesn't has. |
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I think its a good idea investing in casino, most of the casino i invested is making profit, and as i know bitcoin casino keep coming out, so its mean casino is a profitable company, eventhough not everyday you are going to make profit but for a longterm it is profitable
Yeah thats true because casino doesnt open it for nothing to entertain people. Of course they want to get profit because this is business and more over there is house edge which is benefit for them to get more profit in the end Usually casinos have profit and if they accept investments it means they are not ready to take all of the losses from their own portfolio. They just want to feel a bit more secure if some big whale hits them. Until now I have not seen anyone that have invested in casinos going into negative territory for a longer term. Casino is built to make owners profit so if they allow invest just because of their fears we should invest into them and see what happens. You can always opt out from your investment when you see it does not suit you. Some people already invested on casinos and it seems profitable to them. Well, you just need to contact the owner and check their growth from time to time and review of the people who already invested there. Just be ready to lose your money, but usually you can get some profits. |
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monthly invest a sum of a pension fund and the same amount in btc , and may do so :
You pay $ 500 per month to the pension fund .
for btc calculate 500 * 24 months , totaling $ 12k invested in btc .
I think it's a good way to retire in 20 years .
That is just my salary in my full time job, I cannot risk all that amount because I have a family to support. I do invest but I only used part of my earnings online but I am sure it will not be that much. But I will try to reach that amount as I also want to have a good savings in the future. Invest 12 btc in a year,, seems good but everything can happen in 20 years since we can't know for sure about future. If the price keep increasing just like years before, we can guess the price of bitcoin would be around $5-10k/btc. Hope it works that way, so everyone could get nice profits. |
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Bitcoin is just a good way to invest your money?
Or we can also store our money there, if the price stay stable?
What do you thing about this?
actually it is not the best way to store your money. as much as i love bitcoin i have to say it is still risky to invest in bitcoin, especially if you are not a trader and you want to invest a large amount of money. it is good for smaller amounts though. and as a currency or for spending it is still an excellent choice. Well, I agree that bitcoin not the best way to store your money, you have a point. But I don't think it's not good to store bitcoin as investment in a large amount (depend on how much do you think about the amount), as we can see that the price of bitcoin keep increasing every year so if last year you have 10btc/$400 in your wallet now it would be $270 profits each btc. |
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maybe same with everyone, bet with all of my money  , that is the worst mistake people do in gambling, maybe some of them will regret it and the another still calm . In Gambling All in is dangerous betting. in one shot of bet, we lose us all money. But if our luck is good we can make a big profit in a single bet. In gambling it is not that much easy luck comes very occasionally. My worst mistake in recently I placed a bet for 99% winning the match with bit high amount but because of one player mistake I lost my bet. It was very disappointed me. Yeah,, being greedy while gambling and all in with intended of won but the result not like I expected. So, we have learned about that mistake and be careful in the next bet. In gambling sometimes you win, sometimes you lose. Don't get too excited when you win and don't be so disappointed when you lose. |
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I like everything about bitcoin. With bitcoin I can earn from trading, gambling, faucets and on this forum.
And most impotantly is I can save any amount, store it as much as I want like for how many years. And convert into fiat anytime when I am in need.
Wooa that's nice that you can earn bitcoin from trading it , and doing some gambling activities but for me id rather choose trading than gambling because for me i have group where we can talk about trading when the time we are going to buy and sell the coins, we don't do gambling because it is too risky i like the best of bitcoin is low trasaction fee's and fast trasaction Mostly about the high price of bitcoin, it's some kind of investment to earn and saving bitcoin within a year. And some advantages of bitcoin like they said, fast transaction worldwide, anonymous, low fees, can earn from trading which Archargeturry have group to talk about it, so interesting what group is that? Can we join in, how? |
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I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?
join in a signature campaign where you can earn alot of bitcoin or $$$ and other way to earn through gambling and sports betting and lastly mining where you buy equipment to mine in bitcoin network Signature campaign will never give you lot of bitcoins as the payouts are fixed and are not too high and gambling will make you loose all your money, so not a great option to go for. he's seeking to earn easy cash so i guess few bucks is not going to be a problem and it's fine to join a signature campaign but i'd agree with your last point that gambling will only result lose at the end so better get away if you really want to gather your money or reaching your target,some people say that bitcoin mining is not profitable anymore due to halving but there's also exist so many altcoins so why don't give it a try? since the difficulties are still easy Yeah, if he want to earn few bucks signature campaign would be the choice and if you have skills that could be offered in service you may make more bitcoin. But if you want to double it faster there are some gambling site you can join in, I suggest to try sports betting. |
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I dont think there is any ugliest site in bitcoin gambling. The one that ugliest only if people keep on losing there and can't even make any profit. If you mean ugliest from the graphic I think I never find any site with really bad template. They will always have this kind of background to attract people so it is impossible to make that ugly one
Yeah, all the gambling sites has their own surplus. Maybe someone who has loss on one site would be say it the ugliest site. Gambling site has created to attract lots of gamblers with offering some advantages like free coin, faucets or something else. Overall, the ugliest site maybe which couldn't pay off. |
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Right now i am earning close to 0.01btc per weak with my signature campaign but i just dont know what to do with them.I want to grow them and reach a good amount of btc but only collecting will take a long time to reach a good amount.So i start to gamble with them and till now since 3-4 weaks i have lost all my signature campaing earnings.I win at the start but i become greedy and gamble more and then lost them.
So i decided not to gamble with them can any one tell me what are the other options which i can do with my earnings.
I think you just too early get into gambling world, the result is clear you loss all of it. You need to do some research first, how it works and how to do it properly. Sports betting is the most interesting to try in the first time, there are some tipster who give you their thoughts about the match and prediction who will be the winner, so you will have better chance to get profits. |
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