Hi, I'd appreciate it if you could add me to this campaign.

Username:  Light
Post count:  1933 (inc. this post)
Rank:  Hero
Bitcoin address:  1Light1BN9Lu38Jab9iqVmJXt4Rc66WAoB

In light of OP running a ponzi - I've withdrawn my support.

Payment received - thanks for everything. 

The idea is the same though. Take those online clothing stores that ship internationally - most of them avoid the tax of the country being imported into, don't have a storefront (therefore less job opportunities) - and no one expects them to donate to charity. I feel like we associate gambling we something be a problem of society and we're thinking we can use it to instead fix the world by donating to charity. Honestly, I can't really see a justifiable reason why casino's specifically should donate to charity - it's either an all or nothing argument (and a pretty pointless argument anyway considering you'd never convince companies nor would you be able to legally compel them anyway).

So much this. IMO, Bitcoin is like a worse version of the stock market on steroids - it responds extremely weirdly to good/bad news and doesn't respond at all to things you think it would. Honestly, you'd probably have a better chance at just guessing than putting in significant thought into what is driving Bitcoin's current price swings.

You could always disable it with some registry adjustments. But honestly, I found it a little annoying that they'd have the gall to put ads for themselves into their own products. I personally went back to Win 7 after I found Win 8 fustrating - and the upgrade to Win 10 was atrocious (don't like the UI at all). As to the privacy issue - they can be turned off with a bit of hassle - but once again it's rather frustrating to see them slip something in like that by default.

Not sure about the bank accounts part - depending on where you are banks can be stable or even backed by the government (i.e. Australia during the GFC) which makes them extremely safe unless the government itself becomes broke.

As to security - I feel that people find it too difficult/too much effort to learn how to keep their Bitcoin safely (take for example the people who just use insecure passwords which have lead to numerous hacks).

If the USD devalued - assuming everything else was constant Bitcoin's price compared to USD would actually increase (weakened USD alongside possible increased demand for alternate currencies such as Bitcoin). But in all honestly, for the USD itself to crash would require a combination of extremely improbable events - the USD is a lot less susceptible to rapid movement compared to the stock exchange.

Bitcoin hasn't done a lot for me - both good or bad. I have some modest holdings - which is ok, but I am not even close to the people who originally invested in thousands of coins. Bitcoin for me is more of an interest than anything else - an experimental idea brought to life. I'm just curious where it is heading.

This is literally my response I wanted to make.

In general with investing (and more broadly in life) it's always a good idea to do your own research - most people who you ask advice from will have ulterior motives or won't be knowledgeable in that field to give you much solid advice. More so on a forum like this, where it's filled with Bitcoin proponents who themselves have not always done their research before providing advice.

If you want to help recovering gamblers - go support a charity or volunteer and help out that way. From where I'm standing, offering to hold people's coins under the guise of "helping" with their addiction looks shady as hell.

I personally wouldn't recommend gambling - unless your playing a "skill" game (i.e. poker) it's not going to be worth the time. You're more likely than not to lose money (given the -EV) so unless you don't care and just want to play based on luck I wouldn't gamble. As a kid, earning money is just about getting a job (probably going to be minimum wage slave labour but its about the only way at a young age).

Those stats might be a bit inaccurate (especially for the forum) considering that there are quite a few alt accounts - and a lot of the accounts on this site are dead or were never used. Personally, I think 10 million might be rather optimistic - my personal guess was more around 2 million or less given the amount of interest has died down back the much of the core userbase.

If they have a keylogger on your system that you don't know about - even if you don't store it but just have the password in your memory it'll still be logged when you eventually log in to whatever service you're using. Personally, I'm a fan of 2FA on any website that you know you really want to be secure on (i.e. banking, online hot wallet) and if they don't offer that then find another service which does.

Pretty much sums up my answer.

In all seriousness though, Bitcoin is just another commodity - unless it's value goes up significantly and you have enough to convert and retire on there is no reason to quit your job. Not to mention, it's a lot harder to get a job once you've been out of the market for a while so my advice is unless you're certain that you're done you should till keep your job.

IIRC, Poloniex autoliquidates the person's holdings if their overall holdings is equal to the amount they've borrowed to prevent them from making further losses on what they've borrowed. But you'd have to check it on their site - I haven't kept up with any rule/TOS changes.

As to JD - it's ok I guess, you'll be at the mercy of the CLAM value at any given time for both the trade to and from BTC so that is a factor you'll have to consider.

I've heard worse - and it's hardly a bad idea. If anything having Bitcoin as your store of wealth is probably worse - simply because there is greater volatility and higher chance of it crashing which is the exact thing you want to avoid with your savings. You don't save money so you can risk it on something that may pay out big or come with huge losses. You save so that in future you know you have something you can rely on in the future.

It depends on who you are. If you're a professional gambler (ie. poker play at WSOP) then as long as your family knows what you're doing and you don't gamble with your life savings you should be fine. If you're a casual addicted gambler (where you are likely to lose more than you win), then the best advice would be to stop. There is literally no point throwing more money away if it doesn't give you any happiness.

It's not a bad idea - but the problem I see is that the cost is actually taken on by the middleman (in this case Bitpay). They too are running a business and are unlikely to share the same idea that Bitcoin should be promoted given that it negatively affects their bottom line. Promoting Bitcoin is always a problem - because who is willing to fund such promotion (consumers don't want to do it, business don't want to lose profit). If only there was an actual representative body that wasn't completely incompetent and useless *cough cough*.

But there are a lot better ways and less traceable ways to hide that kind of money than in Bitcoin. Right now Bitcoin doesn't have the transaction volume to adequately hide/mask a million dollar transaction - whereas you could probably get away with it a little easier with the current financial system.

As I've always maintained - you're not going to be getting better monetary rates than just having an actual job. If you have a job - even if it doesn't pay in BTC, you can convert fiat to BTC and "earn" BTC that way - and in all likelihood you'll come out ahead than if you try and find something else. And as a side note, mining requires a large amount of capital but by no means is it for the "rich" - people who are actually rich (ie. top 1%) have significantly more capital than those who mine.