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4601  Bitcoin / Bitcoin Discussion / Re: How Do Use/Spent Bitcoin ? on: January 16, 2017, 10:02:54 AM
I guess most or all of the countries doesnt accept bitcoin yet maybe they're are not ready for it right now. Hopefully in the future bitcoin will be well knowned and accepted as payments for anything Smiley

We cannot describe that every country does not accept bitcoin. Several countries have stores that accept bitcoin, few countries that have got increased number of bitcoin stores were US, Brazil, China and so on. Recently Japan too have got a big increase in stores than the past year. Most of the time I'll convert to fiat as there is less acceptance for bitcoin within the country.
4602  Economy / Gambling discussion / Re: How many bets do you we need to do in sports betting a day? on: January 15, 2017, 01:48:48 PM
I heard that when you play small number of bets you have a chance.. How's that true in sports betting and base on everyone's experience.

There's no science to this. You're either good at sports betting, lucky at sports betting, a mixture of both or neither.
You obviously stand a better chance at winning & winning regularly if you have a certain amount of knowledge on a particular sport.
Luck will never be enough to be a successful sports bettor since you need to be able to take advantage of opportunities that will present themselves and in order to see them you will need skill so you can see if a bet gives you value or not.
It will never be enough if you are playing for profit, luck is just something that can give us a temporary win but in the long run it will not make be consistent. Aiming to achieve success in gambling requires you to be hardworking enough and you can do that if you will continue to study to develop your skills.

But as you know in gambling, many time our skills and experience couldn't work before luck. Also it is true, luck in gambling only temporary worked, it is not helpful for us in a long run. Because every gambler could say that i was lucky or i am lucky, but i can't hear to anyone, who said that i always lucky in gambling.

Most of the time gambling will be outlawed even when we make better strategies related to the events. I believe there is no such limits of making betting. Everyday continuously I make betting on 2 - 3 events, but based upon the winning and loss experienced will decide whether to continue to place bets or not. This helps to avoid addiction.
4603  Economy / Speculation / Re: HUGE Drop coming! on: January 15, 2017, 01:30:41 PM
I think a huge drop stops. I am sure, the current price is the normal price and the real price of bitcoin. Well, maybe we start the year with a high price, but it can be said that this year has just begun. I think this is a good start, even though the price of bitcoin down so great.

I too believe that huge drop is over. This could be the years big drop in price, and by the later days the price might get stabilized. Now too the price is so stable and increasing with small fluctuations. This time the variation is found very large comparatively. I believe the price will get us good profit.
4604  Economy / Economics / Re: Bitcoin User Poll #4 - Wealth - how big is your...errr....bitcoin stash? on: January 15, 2017, 01:02:22 PM
Bitcoin User Poll Project

I'm developing a series of polls to identify some demographics about the bitcoin community, using the forum participants as a sample group for the larger bitcoin community. Please help me by completing the polls as they are posted. Feel free to share comments or debate the results as well.

The polls will cover the following topics - age, location, monthly income, bitcoin balance, etc.

These polls taken together can provide us a good picture of what the community looks like. I'll be happy to post all aggregated results here so everyone can benefit from the data.

Please spread the word to other users so we can great a response as possible!

Thanks!

-------------------------------

Using North American standard for number notation/formatting (decimal instead of comma), apologies for any confusion!

This is useless!
People could tell you pure bs and you would publish just nonsense.
Why is it important how much BTC somebody owns or how old they are and what the financial and located background is?
We have whales with tens and hundreds of thousands of coins and people with less than 0.1 BTC.
To get honest and accurate results there are better ways to create demographics about the BTC users.And I'm sure there already exists some material.You just have to search for it.This then could be used as a basis for some more deeper analysis.


That's true, such a effort doesn't gonna give you a accurate information, because users just vote based on simple calculations. To get accurate data every wallet need to be noted and the amount held within the wallet gives better data to the polls.
4605  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: January 15, 2017, 12:15:43 PM
We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Bitcoin is getting more strong and securely because of it's getting popularity in the whole world and everyday they increased users that want to earn in bitcoins because it is the best of all jobs in the internet and the price of it is getting higher and higher  Grin
even in my country today bitcoin users increases every time. they know of people who have used previous bitcoin. for now developing e-commerce which has received bitcoin as a medium of payment. This is a good beginning and this has been proved that bitcoin has a very strong impact in their daily lives.

In several countries the same increase in user is continuing. Importantly during the year 2016 bitcoin gained characteristics similar to fiat currency with reduced volatility. This has increased the hope among users to accept bitcoin and use it for their needs of investment, earning and as a payment processor.
4606  Economy / Gambling discussion / Re: How to quit Gambling for good? on: January 14, 2017, 11:24:09 AM
Gambling too got some goodness, so rather than quitting it's better to have certain fixed limits and do gambling. When we have fixed spending on gambling we won't get addicted. This gets you the chances of winning at least small amounts.
For me, to have a chance to win in gambling is to bet small amount in every game, so that you can lessen your losses and you can also play several times in gambling.

But if you are doing that in a daily basis and that is not resulting into a good one for you. You should just stop with it already so that you can make yourself stay safe from worst case scenarios. Remember that all things comes from small, even on how we are consistent on betting with small amount. Chances are big that there will be a time that you will still bet big.

When you make bets or gamble with small amounts regularly if won often then it won't affect the person in terms of earning as well loss. When loss is experienced bigger than win soon the user tends to increase the betting value to gain the entire loss. When this too fails addiction is the result.
4607  Economy / Speculation / Re: What's next (short term) ? on: January 14, 2017, 09:52:57 AM
I don't see any reason at this point for the price to dive below $700 any time soon. Right now the price is somewhat recovering where it's of course still possible to see it go down back to $770-$780, but not much deeper than that. Especially now this whole China thing is being pushed to the background. People realize it was stupid to sell like there is no tomorrow. My target is maintaining the $800 level.

I think anything over 800$  for the bitcoin price is the good price. We saw bitcoin pump to about 1100$ but these things are temporary. What is important is the sustainability at a good price. I see bitcoin might reach 700$ for a short while but will sustain above 800$.

As quoted there won't be big impact felt in the short term, the price sustainability will be there with the price being stabilizing within the range of $800-$900. Possibly bitcoin won't go low to $700, even when world market and Chinese market were found low or down.
4608  Bitcoin / Bitcoin Discussion / Re: Bitcoin and other CryptoCurrencies are Rocking the whole Crypto Community on: January 14, 2017, 09:33:48 AM
Because of the halving that took place in the last year, 2016 got recorded as one among the best year for bitcoin with good increase in price with less volatility. At the same time most other cryptocurrencies too have experienced a great increase. Same way 2017 too gave a good starting in the beginning and possibly now price is getting stabilized for the goodness of users.
4609  Bitcoin / Bitcoin Discussion / Re: The European Union Wants to Identify Bitcoin Users on: January 14, 2017, 09:20:51 AM
Several market places were providing illegal products such as guns, terrorist hackers tools and so on openly. So governments taking initiatives to control or stop their growth seems better than just in the name of development planning to deploy bitcoin for its anonymous nature.
4610  Other / Archival / Re: Do you agree with idea "Bitcoin bank" ? on: January 14, 2017, 09:07:09 AM
I do not think that we need it at all, we all ready have online wallets and I think that is okay and nothing more is needed.
I think that's not a problem, even if you do not need it, but it may be users out there will need them. I think it does not matter if it was made, you're free to use your wallet or bank
yes that is also right and what if the present bank start accepting bitcoin.? will it be more convenient to use them for bitcoin transaction, what will be their fee structure and how the people will respond it. 

Present banks won't start transacting bitcoin, they might start implementation of bitcoin's backing technology. These day banks also running several Blockchain streams under trail to start their own digital currency.
4611  Economy / Services / Re: BitDice Casino Signature Campaign [WILL START 1 DECEMBER] on: January 13, 2017, 01:06:07 PM
Received the payment. Thanks for the timely release of payments.
4612  Economy / Gambling discussion / Re: Cricket match prediction discussions on: January 13, 2017, 03:56:21 AM
New Zealand have a really good bowling attack if rahim and hasan make a stand for another 100 runs. They might have a good chance to win the first test. NZ just have 2-3 experienced batsmen. If Ban gets them out soon. It will help them a lot.

Few has mentioned it as an easy pick for selecting the winning odds. It too have some risk factors that bitcoin is the only team that have managed to grow more recently. Bangladesh has given unexpected winning in several ODI's against top teams. But with test matches they're still back. By the end of today's session can conclude the match result.
4613  Economy / Economics / Re: Bitcoin or gold? on: January 13, 2017, 03:42:38 AM
Gold for sure. In 10 years the world might be one nuclear wastefield. Making bitcoins worth nothing, and making gold worth a little bit.

I don't think so. Gold as a commodity has gained popularity due to its stable price as well the acceptance in all platforms. From lending loans to investment through stocks. At the same the profit margin is quite low compared to bitcoin. Bitcoin price movement is unpredictable, so better is to make the earning when its possible. Now bitcoin too have got a standard price below which it won't fall.
4614  Bitcoin / Bitcoin Discussion / Re: Should I backup my bitcoin? How do you backup yours? on: January 13, 2017, 03:28:41 AM
Diversifying and placing in different online wallets will solve the risk of losing. Importantly you need to remember lots of phrases to retain if you lose at some instance due to some technical issues. Now even with advancement wallets were generated as apps to give the comfort and secure accessibility to the users.
4615  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: January 13, 2017, 03:11:52 AM
it means that people who do not know bitcoin cannot get what bitcoin is. it is difficult because a few groups of people are not able to access internet. beside that, there are some people who do not want to explain bitcoin to the others. I 've ever faced this kind of people when I wanted to know about bitcoin. so we need to fix this.
It's just the reality in this world that not all the people can adopt with bitcoin, in fact even the majority cannot used it, it's too complicated for them, maybe brought by lack of education and a little interest for online transaction.

Lack of knowledge relative to technology and the interest of using fiat for their own convenience is the one that keeps most users to stand away from digital currencies and continue to use fiat. This scenario will surely change when few countries around the world legalize bitcoin and regulate within their country. On seeing these people will love to use it.
4616  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin the best cryptocurrency what so ever? on: January 13, 2017, 02:55:58 AM
Bitcoin is the best of all cryptocurrency, because no other digital currencies were found to be potential as well no other digital currency has survived long which were started based upon same technology. One thing that can be considered is using of other cryptocurrencies that gets developed often is better for trading purpose. No other specific profiting other through trading is possible.
4617  Economy / Trading Discussion / Re: Maybe I'm just stupid but... on: January 12, 2017, 08:45:40 AM
Collateral is something similar to commodity, stocks, documents, gift cards used for the lending needs. Use of collateral is a form of indicating you as an trusted user. Also it helps the lender to be on the safer side, even if the user didn't repay the amount within the mentioned time. Always the collateral needs to be similar or higher to the value of amount that's been got from the lender.
4618  Economy / Gambling discussion / Re: Controlling your temper in gambling on: January 12, 2017, 08:34:42 AM
Patience is a must with gambling. Importantly when you have big plans of earning good through bitcoin, even without making strategies about the event you might win but winning without patience is hard. The reason is that when you loose patience after a failure in event you will just think of it and continue to place more bets on upcoming events. This in a short results in total loss. So anger is something which need to be avoided and patience which needs to be added to continue gambling with success.
4619  Economy / Gambling / Re: BITDICE CASINO - 100BTC MAX WIN, WAGERING CONTEST! 1ST PRIZE 1 BTC ENDS JAN 2ND on: January 12, 2017, 08:17:53 AM
Hmm, I think it is for BlackJack professional players Smiley  and yes it is a very good addition to the game.  It is fun to see how other players react on opponents bluff.  I always love it when they take the fake and get lost with their strategy.  Wait, there will be player vs player and player vs. Ai?

Version 3 of BitDice had blackjack and it was just player vs. AI (provably fair of course). I don't forsee player versus player or multiplayer features being included.

Multiplayer option is good to gain more support from the users. When its played between two players the experience and the fight for winning will be more enjoyable. Also games similar to those popular in play store when added will easily make more common people to give a try.
4620  Other / Off-topic / Re: Who controls the Bitcoins? on: January 12, 2017, 07:52:48 AM
nobody has control over bitcoins .it is totally anonymous and it actually runs on an algorithm and people have started accepting it as currency in their way and starting valuing them thats y it is in this world it has so much important.
Yes you are right, but if there is someone has so many amount of bitcoin to influence bitcoin price is really possible. Bitcoin is mostly traded using chinese yuan. So I think china is control it.
China is really having a big influence on the price of bitcoin and it does have many traders as well as miners. But the thing is that not China nor the people in it controls bitcoin, even bitcoin's inventor is still remain a myth to us, so it does seem that China is the big boss but no, nobody controls bitcoin, not us nor China nor aliens Grin

Yes it is has a big influence on the bitcoin and we can really see this at the price right now, I think that we should do something against it...really.
yeah it is because China has a total bitcoin users is very large. so that when users in the country to do something that would give effect to the bitcoin, because in truth bitcoin is controlled by the users themselves

As quoted every user is responsible for the price movement that's been taking place in relation to the time. As China has the largest population of bitcoin users than other parts of the world, change in regulations on china makes a big variation in bitcoin than the users from the rest of the world.
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