if no one spends bitcoin of course the currency eventually dies off.
This is what will happen if no one will spends bitcoin. The economy will die because there's no transaction anymore. What do you expect to happen the price will increase because of the demand? No, bitcoin will surely die because there's no movement as I'm taking literally "if no one spends". That will make bitcoin as nonsense coin. Yes ,it will die and yet the only reason why bitcoins is high now is because of investors who are looking forward to earn on it. So basically if there's no movement it will only stock up at a price which make bitcoin die . For any reason if that happens i clearly think that if bitcoin dies still its features will be useful as we getting close to its fast transactions so it will not die ut will be fixed and just a part of remittances. That's a sure thing to happen, it will die because there's no fluctuation that is happening or even manipulation. But I really doubt that it is going to happen we can see a very big total market cap of it. And it's going to be unbelievable if it is going to die very soon, right now it's opposite if there are people that are not going to spend, they will earn it in the future. Bitcoin will die only if people will stop using it or if its price goes to back to zero which is impossible to happen as the users of bitcoin are increasing on daily basis which is taking price higher and same will be the scenario in future too. Yes bitcoin will die by means of it and just like the title says if no one spends. Then that will make people to stop using bitcoin and that will guarantee the death of bitcoin. Because we know that there's no more people that are going to use bitcoin and probably some of us will go back to gold, fiat and other investments that we are getting profit. |
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if no one spends bitcoin of course the currency eventually dies off.
This is what will happen if no one will spends bitcoin. The economy will die because there's no transaction anymore. What do you expect to happen the price will increase because of the demand? No, bitcoin will surely die because there's no movement as I'm taking literally "if no one spends". That will make bitcoin as nonsense coin. Yes ,it will die and yet the only reason why bitcoins is high now is because of investors who are looking forward to earn on it. So basically if there's no movement it will only stock up at a price which make bitcoin die . For any reason if that happens i clearly think that if bitcoin dies still its features will be useful as we getting close to its fast transactions so it will not die ut will be fixed and just a part of remittances. That's a sure thing to happen, it will die because there's no fluctuation that is happening or even manipulation. But I really doubt that it is going to happen we can see a very big total market cap of it. And it's going to be unbelievable if it is going to die very soon, right now it's opposite if there are people that are not going to spend, they will earn it in the future. |
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Yes i do still consider trading as gambling.Because they are just the same,trading is offering a slowly but more surely earnings rather than gambling that high risk of lossing.I consider all things i do gambling when i put money on it,i dont even know if i will going to profit there or im just gonna lose it so i consider it as a gamble
Most of the people saying that gambling is being considered as trading and vice versa. I consider them to be different but with the same in taking risk, chance of winning and strategy. They have similarity but I'm not going to consider both of them anymore as the same, they've got their very own part and meaning that makes them different. |
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NBA Basketball and Boxing is money on favorites for me.  We've got the same sports that we want to bet. When my favorite fighter have a match, I'll go support him by betting for him. And for my favorite sports which makes me healthy. Basketball is the most known sports for betting and if you really know how to bet against the odds or betting against some of your friends with real life, this will give you profit. |
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Spending it as if there is no tomorrow, if the wins were really big then I will save some and spend the rest, that is my honest answer.
I was like this type of spender before. When I've got enough winning, I'm always thinking that there's no tomorrow for my money because tomorrow is another day of good fortune. But I realized in the end that luck will not always cover us, it is why right now, I'm trying to divest my winnings into some other promising investment. |
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Interesting topic, mines are Real Madrid, Floyd Mayweather and always with Golden State Warriors.
How come with the Golden State Warriors? What kind of betting? You just said "ALWAYS". Mine enlightened us here. GSW prior to the game are having a terrible ml odds. For a gambler to make profits for GSW moneyline they have to bet on Live Bet which is on risk. And there is only few games that GSW are being undered by many point so how come it was often to you. I often bet with sports betting against with my friends mate it's a 100% winning and doesn't have any odd or condition. That's why when I have a very good feeling that they are going to win, I will just contact my friends of mine and starts betting with every match. I know their odds are terrible that's why I occasionally bet online. |
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if no one spends bitcoin of course the currency eventually dies off.
This is what will happen if no one will spends bitcoin. The economy will die because there's no transaction anymore. What do you expect to happen the price will increase because of the demand? No, bitcoin will surely die because there's no movement as I'm taking literally "if no one spends". That will make bitcoin as nonsense coin. |
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Gambling and superstition are entirely different. We should not relate them, because gambling is just based on algorithmic calculations and prediction resulting on winning and failure depending upon the luck one holds. Superstition is something out of the world controling us, which never happens with gambling.
Yes they are entirely different but there are people that are applying superstitious belief before they gamble. It's like before you gamble you will wear red t-shirt and jeans to become lucky. That's the point of superstition, it's not about comparison but showing the relevance of those people that are believing in superstitions as a gambler. |
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Gambling is nothing to do with it but the gambler should be blame for gambling too much. Because gambling is really addictive but if gambler loss some he should stop not to gamble all of his money gamble is part of life but the decision is always in the gambler so think before you bet and gamble and gamble what you prefer to loss.
We surely know that gambling is addictive and it's the responsibility of the gambler to know what gambling can give him result. And it's better to think about the future of your family because you might also use the funds that should go for the needs of your family. Because it's going to be hard for them if you will become addicted. |
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Yes there will be the right time that even those undetermined gamblers doesn't want to quit gambling for good. There would be the day that they will realize that they should end their gambling career. Remember in this world, that there will be always an end. And it will happen suddenly even they don't expect it to happen.
Gambling career? you must be joking when you say this thing. Not everyone are meant to get money from gambling that is a fact so either you win or lose and it is part of it. If you think that gambling harm yourself then simply quit as it is easy to quit, all you need is to have a self determination that you really want to quit Yes, you have read it right. Don't you know that there are people that are living and has a gambling career? Do you know about real poker? Those people that are playing with poker tournaments and winning thousands and millions of dollar? They are perfect example of it, once they had enough for the rest of their lives, they will eventually quit for good. Many people are deciding to become a professional gambler, but besides that it results from the profits he uses to invest or make a legitimate company. I am sure all gamblers have a mind to stop completely and have plan B to resume his life. Rarely do I see an old man still gambling, they only think of family happiness and happy to see their children grow up because they knows gambling is not a good business to be inherited. I don't see the point of seeing people deciding to become a professional gambler. Most of us here just want to have enough profit when we gamble and they really don't care to become a professional gambler. If they are planning that to do so, in the long run they are failing and leads them to addiction and bankruptcy that leads them to think about quitting. It's not that we actually want to be one, it is just a though that most of us are having, especially those gamblers who are in this gambling world for a very long time, and they are doing gambling for a living, which I could say that it is very risky because we didn't know if we are going to win or not, it is hard to go 50-50 on something if you don't have another way where you could earn money in a safe way. I mean, what are you going to do if you lose the money that your family needs that day? You are going to ask money for a friend? I don't think so. that is why if we are just going to think about something where we could earn money or bitcoin in a legit way, without the risk like in gambling, then we anybody could quit gambling for good. It is why for those addicted gamblers they should think about it. Because if they come up to the point that the money they are gambling is the one that they need to sustain the needs of their family. It will give them a lot of problems while there will be always a time for a change, they should grab it and help themselves for it. |
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I've seen a lot of people sharing their picks about different teams from different leagues. So here's my question which team/athlete have made you the most money from sports betting? For me teams like chelsea,spurs and gonzaga have been money to me lately.
Interesting topic, mines are Real Madrid, Floyd Mayweather and always with Golden State Warriors. That's why when we bet we focus more on the quality than the quantity, it doesn't matter how many games onboard, we do not need to play them all and get tempted on it. As a gambler, we have to learn how to control our emotion, it does not bring good results if we let that take over instead of our mind to analyze what games give value to us.
You said it right, it doesn't matter if those games are foreign or local as long as you do have enough knowledge and analysis for those games. That is the most important thing for it. |
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Hello,
I saw that there are so many bitcoin dice gambling sites and new ones starting each day.
So my question is if owning such site is profitable?
How much starting capital would be needed to start dice gambling site?
I think it is not profitable anymore if you are going to own a gambling site. There are so many of them already and keep on making different type of gimmick just to get volumes of big gamblers. And with the capital, maybe you need to figure it out if you want to build in the middle type of casino, maybe 25 BTC up. |
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Received with bonus thank you again Fortunejack! Post count : 1401+1
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My suggestion is take your time to relax. It's okay to be frustrated because of your loss, we know how much 1 BTC cost right now. But don't kill yourself man. You need to be calm and don't end your life that way. I know days are passing and maybe you earned that btc the hard way but it's not that right to kill yourself man. Go out for sometime and use the remaining coins that you've got for relaxing.
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I usually bet from 100-10,000 satoshi's but I voted 1001-10,000 since my maximum is 10k sats. I don't know why I'm just betting this low with dice games I just don't feel that I want to win or lose quickly. But when it comes to other gambling games I can bet higher especially in sports betting and I know the team I'm betting.
I usually bet lower amount on dice game compare to sports betting that i can bet 1BTC on single game. It is because the odds on dice game and sports betting are far different. The chance to win on dice game was very low compared to sports betting even though you set the win chance rate on the dice to 90% above. On the other hand, You can guarantee a profit if you have a good analysis on the sports that you are betting in. The same thing as mine, I don't consider dice game as a sure game and that's why I just gamble what I afford to lose there because it's more of a luck game and it's hard to depend with it. Yes, I agree with it, there are more chances of winning in sports betting if you are going to to use analysis unlike in dice game, it is not applicable. |
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Yes there will be the right time that even those undetermined gamblers doesn't want to quit gambling for good. There would be the day that they will realize that they should end their gambling career. Remember in this world, that there will be always an end. And it will happen suddenly even they don't expect it to happen.
Gambling career? you must be joking when you say this thing. Not everyone are meant to get money from gambling that is a fact so either you win or lose and it is part of it. If you think that gambling harm yourself then simply quit as it is easy to quit, all you need is to have a self determination that you really want to quit Yes, you have read it right. Don't you know that there are people that are living and has a gambling career? Do you know about real poker? Those people that are playing with poker tournaments and winning thousands and millions of dollar? They are perfect example of it, once they had enough for the rest of their lives, they will eventually quit for good. Many people are deciding to become a professional gambler, but besides that it results from the profits he uses to invest or make a legitimate company. I am sure all gamblers have a mind to stop completely and have plan B to resume his life. Rarely do I see an old man still gambling, they only think of family happiness and happy to see their children grow up because they knows gambling is not a good business to be inherited. I don't see the point of seeing people deciding to become a professional gambler. Most of us here just want to have enough profit when we gamble and they really don't care to become a professional gambler. If they are planning that to do so, in the long run they are failing and leads them to addiction and bankruptcy that leads them to think about quitting. |
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Worst mistake in gambling is like putting all your money there and hoping to get rich from it. That is the worst mistake a gambler would ever made because no one really wins from gambling but only the house. Gambling willl just ruin our life if we take it seriously and get addicted with it.
This is the worst and the craziest thing that a gambler will do with all of his money. Who on Earth will take the risk of putting his fate in gambling by thinking that he is going to get rich with it. We know that there are people that became rich because of it but the risk is very high if you are going to think about it. |
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The question is very unfair, we know that US dollars and everything that has worth and value can be used for buying weapons. But we are all free to use whatever we want with our bitcoins. This is decentralized and freedom can be applied here it is why we don't care if those people are willing to use their btc for supporting terrorists, criminals and rebels. And where's the source of this news?
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I paid for airplane tickets with it, for an international trip. Also exchanged it to refill a pre-paid card to use at this trip, and in daily use. This happened in 2015 when BTC was ~$300. Since January 2016, I'm holding my BTC (a fair amount, IMO), hoping that it reaches $10.000  Wow for real? What website you used for buying your tickets for your journey? As of now, I'm using my bitcoins with popular service just like what others are saying here and that is with mobile prepaid. And for a monthly basis, I'm paying my monthly bills by using bitcoin which is very good in my feeling that helps me save a lot of time and money. Bitcoin is popular now so bitcoin enthusiast do offer that services, one click in google and you will find sites that accept bitcoin for an international flight. I'm not into it yet since my budget would not allow me but like you I am also getting the benefits of paying my bills online with bitcoin. I think there will be more services to come in the near future, so let's keep pushing bitcoin to be more popular. Oh yeah I forgot about google when it comes for searching out legit sites. But it's better if it will come from him. I might try to use that type of usage of bitcoin because it's one of my dream to travel abroad and it will be amazing if bitcoin will be the medium of payment of everything that I need for my travel, which looks unique. |
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I gamble just for fun and I set aside a small amount every week to gamble with. Of course I always hope to get lucky and win a huge amount one day, but I don't expect it.
So you are just gambling to lose, I don't think it would be fun if you think that way. For me, I gamble to win and that gives me fun and also although I do not really bet with a big amount but someday I hope to win a good amount that will give me satisfaction and I can use that funds to start with a real business. Maybe he is already rich and got enough to gamble so he doesn't really think about losing and winning statistics. With my feeling, I don't have fun when I'm losing and it's hard to accept defeat that is why I'm trying to gamble again and thinking that it can be better for the next try. It is the reason why I keep on gambling even I always lose. If we do have lots of money its really a big factor to us to play gambling and we do realize in the end that we are gambling too much when we are losing too much money on which comes to a point where almost don't have much money left.There are various reasons why a gambler always coming back after a lose. There's no realization to a gambler that has a lot of to gamble because he can do whatever he want. And he can gamble whenever he want but for those mid-class gamblers we'll realize it when don't have something to gamble anymore. But if we think that we've got enough we will going to keep on recovering our losses because it's a big factor to us. |
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