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3961  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: November 16, 2016, 05:36:00 PM
Well, to make it into a profitable activity, I think you need to play at the right time. Well, do not play it when you're busy, because it can make you lose. you can make gambling as a hobby, so when you play, you will find relief from office tasks given to you, besides you can also make money, and you make it into a profitable activity.

Profitable activity means you are doing gambling on daily basis and you do earn from it always. Even you play on the right time, you can't still be assured if you could able to make profits on it, as we all know doing gambling is risky and which means we do lose often than winning it. I agree with you, we should treat it as a past time.
3962  Economy / Gambling discussion / Re: Why can't enter to many gambling sites? on: November 16, 2016, 05:21:15 PM
Hello,
Why I can't enter to many gambling sites?
I like gamble.
Thanks.

If you cant enter  reputable gambling sites  when you  try to access  them , then  maybe   your   ISP  do restrict and   put  limitations  on  accessing these sites. Well,  you could  definitely  access  these  sites  by using VPN just be sure  that  your ISP dont   trace you  up  if you try  to use  vpn  i dont know  which  one  is good  and  not  traceable  by them. Goodluck

Yes, we can not access all gambling sites. There are a number of Gambling websites are there but depend on your country rules your government will allow only a few sites to access. If you want to access all sites, then try by using VPN. This is the only solution you have to access all gambling websites. Sometimes if you use VPN, also you can not access some sites. It's just your bad luck.

Just want to add,  using  vpn is somehow  slow compared  on dsl  itself and you would really  experience  slow loadings  and  its quite hassle for sure when you  do intend to play gambling  .  VPN would be  the  best alternative  if   gambling is  banned already  on your country. Just make  it  sure  that  you dont  get caught  by the  authorities or else  you will end  up on jail or would give fines for sure.
3963  Economy / Economics / Re: panic selling on: November 16, 2016, 05:10:38 PM
When bitcoin price reach $685 after halving day or about 4 months ago, I was sell 3 btc. I fear because in a week bitcoin price was down more than 10% only in 3 days.


Bitcoin is unstable, if you can not handle his ups and downs then you should not stay here.
Also you should make sure that you are not holding in bitcoins more then you can afford to lose, as bitcoin is not covered by any government and can be failed or lose his value and you may stay down without anything.

Selling at a profit is a good thing as long as you follow the those rules.
 

Bitcoin is always searching for a new value, thats what makes bitcoin soo unstable, as long you able to sell into profit i would make same way, but there is no way to predict what will happen with bitcoin.

A few months ago, bitcoins got it lowest price at 26 thousand per 1btc. Some sold thier btc because they are afraid that bitcoins will continously fall down its price. but to come into a big surprise, bitcoins rise again. Panic selling on other cryptocurrency was very alarming. I saw some seller who' s selling thier other kind of coins at low price because they dont have exchanger. So to make it into real money, they sell thirr coins at low value.

Panic selling are those  people who  dont  have trust  on bitcoin which  they saw a small dump on bitcoins price  they usually sell  of their coins especially to those  newbies  just  like  on  altcoins too which  a  trader will sell off their  coins on a cheap  rate for whaever reason, maybe theres a news  that  might dump. Well theres  no one to  blame  with this  because its really a part of trading though.
3964  Economy / Service Discussion / Re: Should i Trust Genesis Mining on: November 16, 2016, 04:58:46 PM
I am thinking about joining genesis mining and buy some of their contracts
and I was wondering if any of yo tried them before,if so, please tell me if i can trust them with my money or not
Thank You
This issue has been discussed many times in this section, Genesis mining is one of few companies which are still working after the halving, but it is not profitable any more, in my opinion, holding your bitcoin or investing in legit ICO are better than investing in any cloud mining service.
The people realize if they have joined in the cloud mining site and they have made some money with just sitting on his chairs.
It is becoming the wrong common thing for all.


Its totally true, people are so lazy enough to think that they can earn money by just sitting and doing nothing, thats why many people fall for that thoughs since scammers grab that oppurtunity and make an illusion earning sites, thats why we should think that no easy money on this world and all needs sweat and headache, hearth aches for losing is avoidable and be more vigilant for the thing who offered an high profit gaining, and genisis minings for me is totally a bad idea to invest on.
I agree hence this is actually part  of  nature  on  human  being  which  they  really dont  like  to do hard work  on earning  money  and they  just  like to sit  around and do  nothing and  they are earning, you are  right  some  people  would really use this  advantage against people  and they sees  that  its  an  opportunity to make money thats  why  there are  sites would surely go to scam. Abount genesis mining they are actually operating for  years already  but   for  OP,  invest only the amount you can afford to loss.

Genesis Mining s 100% legit, no doubt about that, however, there s another issue there, PROFITABILITY. I have been unable to find a single person who has reached ROI with them. In other words, NOBODY MAKES MONEY WITH GENSIS MINING. Do I need to add anything to that?
Well i dont say that genesis  mining  is scam hence  they do have   mining  farms  physically and they do operate too. You are right the  main  thing here to be concerned about  is  its  profitability. I dont  think  that  most  investors their already reach their  roi  for  a long period of  time , as we all know that  bitcoin difficulty has increased  on  the latest  halving.
3965  Other / Off-topic / Re: How did you discover bitcoin? on: November 16, 2016, 04:40:47 PM
I was wondering how'd you discover or know about bitcoin? Did someone refer you? Did someone show you what you did? Through the news? Share something here.  Cheesy

Ive  know  bitcoin  because  i  saw  it  on  social  media site which some members  do  post  on  investments   like  hyips or doublers then i got  interested with  it   and thats why  i engage to bitcoin but  later  on  when i already gained  enough  knowledge  i knew that  those  doublers are  just  scams  but  i still thank that thing   because  i  knew bitcoin  because of that,
3966  Economy / Speculation / Re: rapidly increasing price on: November 16, 2016, 02:17:27 PM
Over the past few hours time a sudden increase in price had took place. This price increase needs to continue as price is stable for a long. This time price needs to get close to $750, so that it will be stable for a short and touches $1000 by the year end.

We are  hoping the same thing  on  which  we  would  like to see bitcoins  price to  touch  $1k  price again  but  as we all  notice that  bitcoins  price is playing  between  $710- $740  price and  i dont think  it would  lower down  its price again  on  sub 600+ price and  its  a really good  indicator that bitcoin does have already a good support   regarding when its price tend to  go down  a little bit.
3967  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What minor exchange would you trust? on: November 16, 2016, 02:07:37 PM
why would you want to use an un-famous exchange for your trades?
there is always a reason why some of them can not get users to trade in their platform, it is sometimes because of the bad services they offer like yobit or sometimes because they are new and offer nothing different than others!
and in any case there is no liquidity, there is lower prices for selling and higher prices for buying an altcoin and the orderbooks are always much thinner!
I really dont  know   why people would tend  to  use  unfamous exchanges  hence they could able to  use the  most  reputable  sites  out there. Maybe  they  would  like to try some  non crowded  exchangers  but  on this  case , the risk  of  lossing  your  money   is  high compared  on  putting  it  on a  reputable  one.   I dont  know  any  unfamous exchangers though.
3968  Alternate cryptocurrencies / Altcoin Discussion / Re: A newbie starting out with Altcoin(s) on: November 16, 2016, 01:55:40 PM
Hello again everyone.

Thank you to everyone who responded to my first thread, I got advised to start mining altcoins instead of focusing on Bitcoin, since it's going to be a rough ride if I want to get on that wagon.

I went onto "whattomine.com" and saw that Zcash was good in price, but since I dont have linux, Zcash is not possible for me right now.

I then got rather confused, because alot of mining are based on graphics cards, but mostly graphics cards besides Nvidia?

So my question is, what altcoin should i focus on, I am currently sitting with an I7 4790K CPU and Nvidia Geforce GTX970

Thanks!
Alex.

Actually  you could able to  to  mine zcash  on your  pc hence you do  have a  good  specced  PC and  a good GPU i guess. Mining  ZEC  is good  specially on  earlier  days  of  zcash  but  now  its  not  profitable already, in  my own  opinion and  as you can see the latest price of  each zec as of now  is already dropped  to  0.14 btc. You could  choose  another  altcoin to  mine  its either  ETH or XMR.
3969  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: November 16, 2016, 01:43:33 PM
They are  both  currency and a  money  but  they do  differ on many ways.  These two things separated on two different world which is  physical world and  online  world.  Bitcoins is a  digital currency which is  decentralized and  cant be able to control or manipulate  by  government and    cant able to impose tax on it  unlike on  fiat currency which  most  people do use  already  because its been  backed or  control  by government.
3970  Alternate cryptocurrencies / Altcoin Discussion / Re: What if you could buy bitcoin at $0.1? on: November 16, 2016, 01:36:56 PM
this is one of those clickbaits topic which creates the illusion of another coin which can compete with bitcoin but when you read more about it you can see it is like any other altcoin before it which was saying the exact same thing.

ok iconomi is good and all but it can never grow up to be as big as bitcoin so for example buying at $0.1 means you can only sell for $0.2 and that is the end of it.

Correct,  its just  an another  click bait  topic,  what i expect is that a question  itself  would  be on the topic and  as ive read  it definitely say  a different  one. What  you think? . ICONOMI is  a good coin  though  because  as you can see on the  ICO period  millions of  dollars  who di invest  but  i dont think this  would compete  bitcoin on the  long run.
3971  Economy / Trading Discussion / Re: I have a question to the people who lives in India on: November 16, 2016, 01:24:50 PM
The price of Bitcoin (as I'm posting this) is $712, but some guy (will not use names) on Twitter tweeted that BTC is traded @ $100+ over the actual price on Indian exchanges. I haven't checked the Indian market recently, but currently Unocoin buys Bitcoin @ 55,800 INR ($824) and BTCXIndia buys it at 55,500 INR ($812). Can someone tell me why is that difference?

Cheers,
Spartak

I dont  know  whats  the  reason   behind  on this  hence  i dont  live  in india but   things comes to  my mind.  That  person  do take advantage  on  his  fellow indian  because   ht already  knew that he could  able to buy bitcoin  on latest price and sell it  to  people  with profits. Well its a good  profit business. Demands are  there  but  some people dont have knowledge  mostly  on  how gonna  purchase. Thats  just my opinion. Dont know if  im wrong  or right.
3972  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: November 16, 2016, 12:46:05 PM
In 20 years time bitcoin will reach at least 30-40% of the population. About the price none can make exact prediction as that's made for economic growth of the countries. As users quoted the price experiences a gradual rise and give us a good value.

I'm thinking the same percentage of overall population that would use on 20 years from now. It's not impossible to happen though because bit coins adoption can't be stopped no matter what and adoption will surely increase as the time goes by and 20 years is already long and we don't really know if bitcoin is still alive or dead already.
3973  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: November 15, 2016, 03:46:18 PM
Bitcoin is the father  of all crypto and  no ALTS could able to  surpass it  for sure no matter  how they  upgrade on the future  but still bitcoin would  be commonly used  by  people for sure on the long run. Thigns  doesnt last forever on its place and  it would surely replaced   by someone else  but  on bitcoin  it  may be replaced  but  it would took  long time.
3974  Bitcoin / Bitcoin Discussion / Re: Explain this address on: November 15, 2016, 03:40:58 PM
When  i saw the  particular address ,  i assume that  wallet  might  be abandoned  or  lost  already hence the transactions is  just steady and  those dust   , i dont know where  they do come from  even  on small  amounts which is somehow a mind  boggling thing. No one could answer this .
3975  Alternate cryptocurrencies / Speculation (Altcoins) / Re: zcash soon 0.2 btc! on: November 15, 2016, 03:33:24 PM
I am expecting Zcash to correct heavily in the coming days. If it breaks below $100 then I expect it settle around $30. Saying this just based on reading the charts and I may be terribly wrong.. I feel sorry for the people who have bought into Zcash at high prices. At the same time, be careful and watch out for any news from the developers side, they can pump up the price at any moment. You don't want to miss a good trading opportunity...

Better  not  to expect  too much that  this coins  would  pump again  but  who  knows that  the devs would have  plan to  pump this coins  but for  now  the  dumping of  price  of zcash  would really  continue until it reaches to the  bottom. FOr sure many investards are  crying  now especially those who bought  on more than 10+ btc
3976  Alternate cryptocurrencies / Altcoin Discussion / Re: If You Have a Bitcoin, What Will You Do on: November 15, 2016, 03:25:37 PM
Most people  here do  suggest the same thing which  you should do trading but remember  you should not think that  doing trading  is an easy thing to do  because   you would really need  enough  knowledge  in able to grow your bitcoins and   better to learn first   up the  important things that are needed  on trading so that you could able  to make profits with it  on the long run,
3977  Economy / Gambling discussion / Re: What are the primary lessons you earn after you gamble? on: November 15, 2016, 03:18:59 PM
Primary lessons i learned is not to be taken up by greed since that is the one who can deprive us and drained what we have, and i really experienced that and loss on the long run of playing and betting larger amounts hoping to get huge win even without doing some nasty analyzing the game flow, and for now lesson learned for me really and actually my bets for now is in control and temper is bit manageable.
knowing how to stop that's the big part of lesson its lessen your loses and maximizing our earnings, but its really hard to say when to do that and when to control our self no matter how we wanted but if greediness came in to the picture we can't really denied it,.

Being  greedy  is already  part of the nature of  an  individual and this   motives and aims   would surely comeout  anytime  especially when  we  do gambling and  we cant really avoid it , those  people  who  do have strong self awareness and  sensibility  would  surely can  control it  but   still they  would  experience  hardness. If you saw that  you are a  greedy  kind  of person  then  its better not  to play gambling at all.
I agree with that but I tell you, gambling is not a good place to be greedy, most of the time a greedy gamble will end up losing and not only losing a small amount, usually it's a bigger amount because they will chase as they cannot accept defeat.
''

But it also depends on if they do gambling. Indeed most of the people who do the gambling will inevitably turn into someone who is greedy, as indeed all the advantages direct could they get melted or they can benefit in a short time. So all this is something that cannot be stopped as long as they can control themselves and think properly. Gambling is not wrong but wrong those who use gambling the wrong way!

Gambling is  not  really wrong   since its  just a game and i do agree with you  that  the  mistakes  do happen  are on its players  itself.  Greediness  would really put  you  in harm no matter in what  place  not only on gambling  field  but also  on to the real world. This thing would really give you problems  on the  long runs.
3978  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: November 15, 2016, 03:07:39 PM
Mostly for fun, I can't risk BTC if I am not ready to lose it. I usually deposit with the thought of losing it and if I do win it back, then I would just treat it as a complimentary prize.
Unexpected profits from gambling is always more surprising and more fun filled. I do see your type of gambling activity as a professional way of gambling like after experiencing the real face of gambling you must have chosen to gamble only for fun and accepting any outcome of it. I'm still going for gambling for profits and most of the times do get only disappointments.
well, for-profit gambling is indeed a very good purpose, but you must see that it is difficult if you do not juxtaposes it with fun, so if you want to make a lot of money from gambling, then you have to have fun - happy, because if you do not, you're just going to lose control of yourself and make all the money you have exhausted
Good purpose but doesnt mean will provide you a good result .
Gambling for fun clearly make your head messed up once you get lost.
This is the most mistake that peopel always do in gambling, better to gamble for fun ,if you won you get peofit! If you lost it is just okay.

Yeah that thing is absolutely true, indeed all those who think that gambling is entertainment for those who cannot use the bitcoin and also gambling with the good. Because they definitely do gambling with a bad way, so what they want could not materialize very well. Gambling are indeed provide entertainment but it was only temporary and by the time benefit

And those people who are making gambling as just source of entertainment are those people who are already rich. Because usually the people who are treating gambling as source of decent profit as the ones who are in the middle to low level of living. And I can say that I'm in the low level and I'm thinking that way but I accepted the fact that I can't have decent profit with gambling.

You cant still conclude that  all  people  who do aim for money  is the  poor  ones, there are still some  rich people who do  intend to make  more even  money  on playing gambling  not  just on poor people.  And there are also poor people dont really tend to make  money  on doing gambling in fact they are  just  having  break time or  leisure times  . Thats  reality bro.
3979  Economy / Trading Discussion / Re: Skills vs Luck *poll* on: November 15, 2016, 02:57:53 PM
Both things  are  important when you do  trading  because skills  is also  important  in able to execute trade  because  if you dont have  any  knowledge and skills  about trading  your  move  would  be useless and also  luck  will just  supply a little bit  because   if youre  lucky  enough  to  open an order on a good entry  point  and you do exit on the right  time then  youre  lucky enough because  its a guarantee profits for you.
3980  Economy / Securities / Re: Invest in gambling site (what you think) on: November 15, 2016, 02:46:41 PM
It depends on luck a lot. Cause in order for you to make money, someone s gotta gamble and lose. If they win instead, u ll lose. So no safe bet there.

Every investment comes with some kind of risks and because of risk instead just give up, it is good to find options to reduce your losses. Like if you diversify your funds into few good gambling sites then your chances of making losses will reduce a lot and in the long run, you will surely make good profit.

I don't understand the risk on this investiment.

As casinos make profit on long term, we will make profit on long term with them, no? So, there is no chance to lose money with it. The only risk is if the casino closes or be hacked within our money there.

It looks like you never invested on any casino bankroll. Yes in the long run casino will make a profit for sure but if you're looking for money in the next few months time, then you may or may not make a profit. If you look at last few months moneypot investors profit then you will come to know that you can lose money in this kind of investment also.
I saw some reviews in gambling section that they are not making good profit in money but in other gambling casino like betking or crypto-games they are making a good profit every month. this is what i saw in their reviews so i think there is some site that actually losing instead of making profit..
And we can not know if the site has fraudulent or not since we are thinking that house is always win but the result from other gambling casino are lose and our investment are losing too.
Honestly betking is one of the old and well-known gambling casino and i think many investors are already invest in that site so i am sure that is why more people investing in betking because of good result and making you good profit..  unlike other gambling casino.. but you can not if this is true or not if you don't experience it.. you should try it first so that you will know if this is true or not..

Well surely they don't have enough players plays at their site and how could they get some revenue if they cannot lure many people to join on their playing yards? Well surely they well be bankrupt if that case will continue to occur, and i think those big sites like you'd mentioned are greater profited ones since they got the trust of many people to still continue to play with them, and more player more possible pofits to come.
As a wise  investor you would   surely seek on the  most  reputable  gambling site  to invest  on your money  because you  don't want   or  like  to suffer  bankruptcy or  negative profits   on your   money  you  put  in.  Even though  those  sites are reputable  there would  really a time that  it would really suffer   loss, as we all know  gambling casinos  are  already many do exist today which means the   competitions is  high  and the players  is partitioned  which means  profits  would  be decreased or divided.
We should really do that thing as an investor we do make some  investigations on a particular website  on  how  long   it operates and the  total stats  ,profits   on a website  because we can  monitor  or  convince  our self  that  its a good one. Although  investing on this gambling sites doesnt  guarantee you anytime positive profits because  there are times that you will suffer negative ones.
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