I am interested in knowing if there was any way to make a crypto gambling site for our Pandacoin. Thanks guys.
Most members do already suggest the same thing which you would really need to hire some developer if you dont have skills on making a website on your own. Creating a gambling site would really be easy for them and its right you would really need decent money for your project.Developing gambling site isnt easy as you think but as long you do have the money then let them work for you and tell them about your ideas regarding on designs and what would be the games you would put. Well if he really has that kind of money to certainly provide the finances on hiring someone then go for it, but if he would want a cheaper one and he don't have any knowledge regarding program, or on web design contact some friends to help you if they know someone who can help, I think less money is not a problem if you had too much friends that can help you and if he can certainly profit with it then giving something to your friend that provided you with some help. Ya it is true that if he had knowledge and money then he would have done it by right now, but the thing is he is the developer of this pandacoin then should have got some bitcoins with him by trading his own coin. creating gambling site is not a big thing , the main thing is security so that no one can cheat him and the coin value should also be good for users to play and earn coin in his gambling site, if not no one will play on his gambling site and waste time if the returns of profit is less Creating a gambling site is not easy mate, for this only money is not enough you need more knowledge and handling capacity. Especially security to your website. And one more thing you said you want your own coin web site that too it's new coin and not popular in the market. Yes it is money waste and time waste at least if you accept some altcoins and bitcoin means people will come and play on your website. If you allow only one coin, then no one will show interest on that site. You do really got the point,its not easy to make a gambling site even if you do have friends have knowledge on it they wont easily make one for you without assurance on making money.It would takes time to build one depending on your budget and as he said you cant focus only on your coin unless if its already popular then people will surely use it but if its on first time you will really have a hard time on searching players on the site. We can not create gambling site just with the help of friends. You need a group of experienced technicians and developers. And you must have the capacity to handle huge amount. If you create casino and players are come and play means there is huge money will transact in your account you should need one team to handle your cash flow. Like this many things are there to create one new casino site.
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I know one, but only if you can claim faucet many times in short time. Aim for x30 x50 or more and every time you are going all in after claiming faucet. That`s the only way to make few thousands in beginning, but even with that no one guarantee that you will do something more. Playing with faucets is just for fun, for people to try some site, to see do they like it or not, trying to make fortune from that is waist of time, I tried and its better to claim faucets and save that.
It takes so much time, I think only people who doesn't have money to gamble try this strategy to grow the faucet earnings. For other people it's much better to deposit some money, make few bets and withdraw, you will have the same profit, but much faster than try a lot of times x30 x50 with the faucet earnings, and it's limited too, some casinos don't allow you to claim from faucet more than X times daily. For newbies, this is a good way to learn to gamble. They don't need to deposit real money to learn gambling games. With this free faucet, they can play any games. I know it is not more interesting and it will get bored. But without having proper knowledge investing on sites and playing gambling is a risk. With faucet never expect any profit it is free money to learn to gamble.
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there is no trick, nor any plans to make instant money or double your money those kind of stuffs only exists in tails . generally speaking in the real world you have to work hard to earn hard. now the amount of money you are gonna earn is totally depends on your physical and mental strength. like if you only do physical work you will earn a good amount of money but using mental skills are compared to earn you more than physical. but combination of both can be deadly for anyone
Earning money from physical work is our regular job, and we must do that otherwise our life will be in trouble if we just depend on this online job. But Op question is how to make double your money using BTC. For me trading and mining these two are the best way to make our money double, Yes it takes some time, but if we do this seriously we can reach our target.
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the only way to see BTC go that low would be another MtGox event ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Don't jinx it. We've got a good thing going right now. Drops in currency market values are relative to how bad something is, is going to be or is projected to be. And the higher the value, it's teasing $3,000 right now, the worse something has to be in order to have a negative effect so bad that it drops the value that much. Sub $1,000 days are over IMO. The great depression wasn't due to any specific event and its not impossible for a panic to start after a relatively large sellout or drop in price. I don't actually think that will happen but just pointing out its a possibility and one that increases the faster bitcoin rises in value. Remember the great depression came about because people didn't think stocks at the time could go down and its a similar story now with bitcoin. We can not believe this cryptocurrency blindly. Now the market is good, and all over the world, the bitcoin users are increasing day by day. So the price is also increasing. But we can not say 100% that the price never goes lower $1000. Here anything can happen. Digital currencies are like this they are unpredictable. So this is the right time to make money just make it don't think about future.
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In my opinion, all the coins are suitable for trading and if you know how to analyze the chart and calculate the profit, you can earn money from any coin. However, I suggest that if you want to test some new feelings, you can choose coins which are newly listed on the exchange and new coins which have just been created. Their price are very fluctuate and you can easily earn money from them
I think not all the coins will be suitable. yes the old coins are not suitable to trade now. See we can not do bitcoin trading. If we want we have to invest huge amount and wait for a long time to make a profit. But altcoins are not like that they will grow very fast. For example, see ETH 2 months back the price was under $20 today it's $200+. So buy some news coins which is under $10 and above $5 I am sure it will give good profit.
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Everyone in this forum is optimistic about the bright future bitcoin. Saving bitcoin makes us have chance to enjoy 'great cakes' in the future.
It is 100% correct that is why everyone is telling like the Bitcoin is our future currency. Today the Bitcoin price went tip of $3000 and came down. I hope today or tomorrow I am sure the price will cross $3000. If it happened then, it is good news for many bitcoin users. Many people are waiting for this movement to sell their coins. Suppose if we hold our bitcoins long time we will make a big profit.
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yes i do agree with you because in trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
Yes the results changes every transaction because of the development that have been made in bitcoin itself. For me there is a lot more thing to monitor it through graphs and news to make it more predicatable and to know what is the best thing to do especially on trading because one wrong moved and you may lose a lot of bitcoin in one transaction. But if you will manage it well it may lessen the risk to lose and you may earn more. That's why it's better that you have a decent capital when you trade to give way to these risks and that's also the reason why it's important that you don't depend on a single coin. Aside from studying and observing the movement of coins and which coins are good to trade at a certain time, you have to be patient because all these fluctuations can make anyone do panic decisions that will certainly lead to losses Yes the altcoins are very tempting, suddenly the price will increase, and suddenly the price will come down. So don't get panic in trading. If you are a panic person, then don't do trading. Bitcoin trading is a different matter because it is already stable in the market if today it falls, tomorrow it will come up. But altcoins are not like that we don't have trust in them. So I will also accept that trading is an unpredictable job.
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage. This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
It's depend actually. I will sell my coins when it reach my target price, i'm usually trading on a new and good prospect altcoin. Follow their news and update about the cryptocoins and when you know something good, i will hold it first and when the time comes, i will sell all coins and you will gain so many % profits. all traders do the same thing they will buy coins and when the time comes and there target amount Cross people will sell coins and make money this is trading. But which altcoins you are doing trading can tell us? It will help us to do some research on that coins and suppose if it is worth to trade we also follow your strategy. And for bitcoins, this is not a good time to sell your coins. Wait for some time you will make more profit.
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I do not gamble to much but it always seems that when I do, I take the loss big time. For example, I have lost over 3 BTC in the BustaBit game online. It is fun and I like to play but I always get greedy with it. I have won about 2.2 BTC back, but I lost more than what I have won. For some odd reason, I keep coming back over and over. I do not know why I do it, why do you?
You keep going back for just one thing alone, to recoup the monies that you lost but you will eventually end up losing more and until that cruel cycle breaks. In the end you may become addicted. Could not agree more with you mate! That is really the sad part of it. We should only go back playing just for fun with the money that we can afford to lose and not really playing regularly. That way, we will not be hooked and addicted to gambling. Out of 100 people, 70 people will go back again to get back there lost in gambling. In rest of 30 people, they come back again for having fun and someone to kill free time. We can not say a daily player will addict to gambling and the occasional player will not addict to gambling. The time and money will decide that they will addict to gambling or not.
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Actually to gamble or to invest is a risks but in gamble your chance of winning is a little because you might end up lose or win. So I prefer to invest like in trading Ill be the one holding my money just buy for those altcoins which is promising hold and sell when the price looks profitable.
Between Gambling and investment, there is more risk in gambling or to gamble since we do not know if we will win or not. Aside from that if we gamble our money, the only option we have is to win and lose, though it is instant, there is no assurance if we will have profit. Aside from that, due to the house edge, we tend to lose in the long run. While investment risk can be mitigated by research. Researching if the company is legit and if the venture is really profitable or not. Gambling is unpredictable game. here we can not guess which bet we will win or which bet we will lose. But it will give us a sudden profit and many times we end up with the sudden loss. That is why I called it an unpredictable game. Investment is not like that before investing on any site 1st we take some time and do research on all site. Which site we feel is best on that site if we invest means we can make money.
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Tell me why is it a sin to gamble? I do agree sin remains a sin but where in the scripture does it say that it is a sin to gamble? Unless you have proven a verse in bible that to gamble is a sin, I think gambling is ok and it is not wrong or sin. And if ever it is a sin why some churches sells lottery tickets for charity sakes. Does this mean the rules applies only if the church does not do it?
You said that it is written in the bible that it is a sin to gamble. There is no more discussion for this one if you already know that it is a sin. I have never see any church that actually sell lottery ticket and the rules applies to church or anyone associated with church. It is a sin to gamble so if you dont want to make any sin then dont gamble Yes i will also never seen any church that sells lottery tickets for charity sakes. My question is why they need this cheap and illegal way to earn money for their charity. There are a lot of rich people are there to fund charity. Yes it is a sin to gamble if you are not interested then don't enter this gambling. Here no one is forcing anyone to do gamble.
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I am not surprised that there are people to whom today's 2800$ per 1 BTC is not so much and they buy bitcoins. Unfortunately I am not one of them. Of course I belive in bitcoin and in that fact that it's price is going to raise higher. But I would not buy bitcoin now, just cause of I haven't such opportunity.
I am not a rich person to buy BTC with this high price. Instead of buying Bitcoins for the high price we can buy some booming altcoins. It will give us more profit in short time. But if you are looking for future purpose and have enough money to buy bitcoins yes you can buy. Don't think about price it will go up in coming days.
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Bitcoin debit card is still very much possible but not credit card. The reason for bitcoin in the first place was borne out of the failure of the banking system which cannot be unlinked to the fact that people get to spend more than what they have as a result of credit card thereby throwing the whole world into financial crises which I believe might face bitcoin if that should happen considering the fact that tracing people to redeeem their debt will likely be impossible.
Yes bitcoin debit card is possible but credit card it is impossible. If Bitcoin banks open then it is possible. Yes, we have many banks in our country, and they are suffering a lot to collect the due amount of the credit card holders. So if Bitcoin credit card comes means everyone will apply and use, but no one will pay credit card bill. Because there is no banks to control this bitcoin money.
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But when they are starting to lose, that will be the start of their control, they know what to do so every move that they do is worth it and being aware of what can be the worst scenario can happen is there.
Sometimes not. Other gamblers after losing, control is on question. After feeling the pleasure everytime a gambler win, they fill always find a way to experienced that again so control is the issue here. There will never be control by other gamblers because of eagerness to win again and earn big profit. Good thing if a gambler knows how to control but majority is not in most of the times. Yes, because most of the gambler is greedy, even if gain profit of their target they still set another goal to gain more profit. They really don't know how to quit or be satisfied with their earnings Greed is common for everyone. There is no human that without greed. But everyone has control on their greed. If we control our greediness, then we can survive in this gambling. If we can not control our greediness what you said like that we will lose our winning money in same gambling site. Everything is in our control. But we should know how to handle our greediness.
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Are you happy with your bitcoin gambling ? I feel I am into gambling so intensively only after bitcoin introductions. Before that I bet on few sport betting sites, but not with the frequency how I am currently doing. When ever I see some profits, I do see bitcoin gambling as a blessing but losses makes me to think about quitting using bitcoins too.
Even I restrict myself only for free of cost gambling, after sometimes of gambling, I go for adding bitcoins from my wallet totally out of control. I was not like this when I was gambling with fiats. How about you ?
Yes I am happy with my bitcoin gambling before I never did online gambling with my fiat currency. I had my 1st online gambling experience with this Bitcoin. But I never made a big profit in gambling. I do sports betting, but now my predictions are not working well, so I am losing my bitcoins. And now the BTC price is increasing, so I don't like to waste my BTC. Overall I am happy with BTC betting.
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Well, gambling is a suitable game for only richest people. But i play it firstly i see my pocket and then i start to play. So i also suggest you play gambling, because it is good for your judgmental and see the practical life. But if you could afford the lose than nothing anything bad in it, but if you couldn't afford your lose, then take every step with carefully in gambling.
The problem is most of us is not rich and keep gambling even we lose so many coins on gambling. Addicted on gambling is same like addicting in porn or drugs. It's really hard to escape from it. My advice is just forget about all your loses and try to move on. The rich people will not like this online gambling they prefer real gambling in the real casino. All addiction is same if you addicted to smoking or drinks or any other habits it is hard to stop that addiction. Gambling is also like that once you addicted it will never lev you until you come to a road. Your advice is right don't waste your money if you can not afford a loss, stay away from this gambling.
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
It is a wise decision. While Bitcoin's value is growing, why not store it in a wallet and use it for future business or mining purposes. Bitcoin is more and more known as the most valuable currency ever and more and more countries accept it. Not more countries accepted bitcoin only the number of countries accepted, but in all country, we have access to use bitcoin. Come to the topic I am also saving bitcoin for my future purpose. Last year I did wrong not to save coins for my future purpose, so now I am suffering. If I kept some coins last year now, it would give me a double profit. But what to do I was not saved I used it for my personal use. So now I realised and saving some coins for my future plan.
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So in past bubbles it was: 1. collapse of biggest exchange Mt GoX. 2. "Bans of bitcoin in China" 3. ...
What could happen now to cause price crash? I mean, exchanges are so mature now and there are a lot of them, that failure of one exchange wouldn't cause big price drop. What do you think can cause price of bitcoin to crash?
LOL. I do not think that the ban of Bitcoin in China caused a lot troubles to us. As what I witnessed, the hard fork rumor aka bitcoin unlimited made the prices worst than ever. Well, do not follow the news because you can not know whether it is fake or not. Believe in yourself and make a right decision Until and unless you know the news is 100% true don't take any wrong decision because it is a big loss for you. There are many people spread the many fake news in the market doesn't care for that. Just put one eye on bitcoin and do your work if it crash means it will never fall to hell in a single day right you will get a chance to take some action in that movement. So let's wait for some time will see what happen.
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Bitcoin don't need bank or centralization, it is mean to be decentralized and can be used anonymously. Bitcoin ATM is enough for us to change bitcoin into cash and talking about interest on bitcoin there are some trusted and scam sites available which give and take bitcoin load for interest.
Exactly, if you want to get your bitcoin. find a way to convert it into fiat so that you can hold your money. Bitcoin doesn't need bank because its different into fiat. Government still doesn't accept bitcoin so for now its very impossible to have a bitcoin bank. Yeah, if Bitcoin have banks, I think it will be a wrong act against the original purpose of Cryptocurrencies. Cryptocurrencies want open an era of technology and is a freedom currencie cannot managent by any country in the world's or anyone, it only for all people use Bitcoin! You are right bitcoin made for this purpose if anyone control this bitcoin then there is no difference of using bitcoin and fiat currency. If anyone starts to control this bitcoin, then bitcoin will start to lose their users. Bitcoin is anonymous that is why the users of bitcoin are increasing day by day. If it comes under any control, then no one will show interest in this bitcoin. So we need bitcoin ATM to cash out our bitcoins, but we don't need bitcoin bank.
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Did you ever gamble with other's money to pay your own debts or otherwise to solve a certain problem through gambling?
No and if you do that you will only put yourself in another hole. Playing someone money will give you so much fear or you become nervous when you gamble, because you might bust it or lose and when you lose you will have a another problem. It's better to play your own money and not to risk someone's money. Let's be more cautious with our chances when we are gambling with doubts in our hear, I know it will not bring any entertainment when you are not confident with the money you are using in gambling, bring only base on your budget and if you lose that is the time you stop. If you will not discipline yourself and you do not put a limit in gambling, most likely you will end up bankrupt and that is very embarrassing since you fought in a game where you do not have an advantage. Gambling is a risky game, but risking others money is not good you will lose money and also your friendship. Yup if you lost that money in gambling and if you do not return money to your friend in time then definitely you lost a more valuable thing in your life. My advice is lost your money no problem one day you will earn it back, but once you lost your friendship, it is hard to get back.
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