Bitcoin is not a currency for criminals. I'm here since 2013, and I love the BTC community. Also, I do trust it but not 100%. And now with the latest events happening (the theft), my credibility in this cryptocurrency is going a little bit down. But unless something happens to Blockchain.info, which is imo the most secure wallet website, it's going to be a great cryptocurrency in the future. Criminals are not using BTC, they're using all the currencies they can to get their stuff.
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What if the owners themselves orchestrated all this thing? They've got a database of +119kBTC. That meant over $70m at the time of the theft. How hard is it to orchestrate this? Just pretend a hacker stole all BTC from your website, send the +119kBTC funds to your secondary wallet, make a fake page saying that 'they're trying to investigate this' while the owners are laughing behind the scenes, with tens of millions. As laws do not exist for BTC.. why not? Perfect method for them.
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Bitcoin Scam = The End of Cryptocurrency.
Tell me how will someone EVER trust again a cryptocurrency. With thousands of millions of $$ in total, Bitcoin's scam would be a big mess for all of us. Except the fact that we'd loose all we've got in our wallets, the Bitcoin miners would have to pay THOUSANDS of dollars for the month of the scam..
I don't totally trust BTC as it's basically just a number, but I do think it's legit.
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I guess we'll see a $300-$400 price in the following months. Starting from this Winter, the price's going to grow slowly day by day, until it gets past $1k. I want to buy Bitcoin but I don't want to do it now. So.. Buy BTC, I'm always unlucky and do this stuff in the worst moments.
We can't really control the price anyways. A $500 wallet can't change much. However, I think the price movers are the magnates of BTC selling to get the price low. After that, they'll buy a HUGE amount and rise the price a lot. This is how Soros gets so much profit in just two trades.
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what you will chose amomg them.and why do the banks are afraid of bitcoin.why banks are not much smooth and faster like bitcoin.if banks start accepting bitcoin as payments then will it became a revolutionary for us?can bank can solve our mining or money curculation probems.
maybe bank will not accept bitcoin because bitcoin currency is unstable so the banks are afraid to use bitcoin currency, unless the bank can predict currency Bitcoin appropriately. Nobody can predict BTC, unless we've got a big event coming after us. I consider Bitcoin wallet is safer than a Bank. For many reasons, I've never trusted the banks and I never will. I see the banks as our actual enemies, looking just for us to get into a bad financial situation & get everything from us. I don't fully trust Bitcoin either, but there are no rules here so.. it's better.
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I bought a lot of stuff with BTC when it reached the $250 price. One week later, it skyrocketed to $600 if I remember correctly. I still regret it, even if I was 100% sure it has to happen. Because it's me always being unlucky, lol.
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I never hold my money anywhere else than my wallet or somewhere safe. Any website can be hacked anytime. Who would keep their hundreds of thousands somewhere else than their safe/wallet? No one. Same thing goes with BTC. I guess most of us learned the lesson now, but there still are a few not caring about the money. They won't care until it happens to them too.
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No doubt about it that you can really profit in sports betting than poker, because the percentage rate in winning in it are 80% you can surely spent time analyzing players or teams which you think has a better chance in dominating every game in a sports betting, but unlike poker that you can play on a whole day or can be played continually sports bets just come once every game.
I'd agree, if you absolutely HAVE to gamble I'd rather it was sports betting where at least there is a tiny semblance at least of skill involved, knowing teams and players etc, but even in this there is sometimes a big upset and everyone is shocked, at which point all the analysts and knowledgeable people stand up and say "damn, that's betting for you." Or you can gamble with free money. This is an option too, if you want to have fun and not loose money at all. When I wanted not to risk my money in gambling anymore, I just downloaded some free gambling games and played with free, virtual cash. Even if it is virtual and you can't cashout, you will still rage one day though. Because then it's still going to be a loss for you: the time.
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We've always seen hikes throughout the BTC's history. It's not a reason to trust or loose trust in it. We'll continue to see this stuff, but it'll be a huge price in 2017. I expect a similar price to the $1k top in 2013, and this time it'll be stable. No reason to fear it!
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Some pointers:
- Never go in with the mindset that you're there to make x amount of money, just go with the flow - If you start losing heavily, just give it up for a while and come back later, don't chase your losses - Don't get too greedy, withdraw profits early, be satisfied with some small profits, and get out while you're ahead, don't chase even bigger numbers and go for "one last bet." - ONLY BET WHAT YOU CAN AFFORD TO LOSE!
"ONLY BET WHAT YOU CAN AFFORD TO LOSE" many people not think about this and bet all in their money on gambling. It's really not smart and when they lose they will deposit more. That's what addiction is. And you can't control it anymore when you're loosing, it's just your heart beating so fast when you think you've lost a lot, so you're going all in and loosing ALL. Big, big mistake. And even if we know it is, we're still doing it.
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A gold bar. You can't trust Bitcoin more than Gold, because Gold will NEVER disappear. It's going to be a currency forever. Bitcoin instead.. well, it can fail at any second. Just a split second of no energy worldwide. Will you trust BTC ever again? I don't think so. For those investing in Bitcoin all their money, that would be a split second of poverty.
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the best way to earn bitcoin is to buy it and then hold it for the price increase,
You never know how the price changes. So that could be a really, really bad idea. Just like buying at the $1k price was in 2013, expecting it to advance more and more. Imagine buying $10k worth of BTC that day. One year later, you got just $2.5k in your account. You better invest in something or trade.
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I don't think this is how Bitcoin's price is being controlled. We are doing it. All of us, even if we've got just a few tens of bucks in our wallets, are controlling the price. But the biggest change we can see with BTC would be if the magnates of Bitcoin would start trading in mass (hundreds of thousands of $$).
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There are safe, legit websites and there are rigged (a few only) websites. Rigging a website is illegal, I think. But as BTC is not part of the laws, the owners can stay home and look at their wallets increasing in size second by second. People are raging over everything when they loose because 'it's rigged' - being unlucky isn't a reason to blame the website.
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Loosing time from work because of gambling..oh well, unless you've won $1M, I don't think you would want to loose time from your job and get fired for a few hundreds bucks. lol we gotta control the situation, not let the gambling control us..
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Why a sickness? Then let's consider video games addiction, smoking addiction, alcohool adiction and every single one a Sickness. Isn't it the same thing? Spending $10 on cigarettes or playing with $10 in a casino. Even though it's risky and most of us just loose, it's just our addiction.. not the others' problem if we want to loose our money like that.
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I personally like the concept of colored dice game. The chances of you winning is higher than other gambling stuffs, I guess. And I think it's all fair because it happens in carnivals and not online (in my area, at least). There's also the chance of you getting 3x of your money as profit if the 3 dices are all the same colors as what you did bet on.
I also like the idea of sports betting because you could look up online on which team to bet on. Apparently, I have no time to do all those research so I don't do sports betting.
The chance of winning is the same: 50/50. Lower chance & higher payout or higher chance & lower payout. If you calculate, it's still the same thing but a trick for your mind. The only 'better chance' you'd have is winning more times, as it's better to have multiple bets than just an all-in one.
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Gambling is fun because many people are getting it there especially those have a problems they go gambling a relief for them to forget . Gambling gives pleasure to people busy with their work they are doing this hobby . So gambling is fun if you make it entertainment. But do gambling for fun not to be addicted to it.
Gambling because of a problem you've got might be a relief, but it might worsen the situation. In the moments you got a problem, you don't even care about the money or anything. So.. going gambling might mean going all in or with all your money at you.. you still have to control yourself, or you might loose everything because of a problem.
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Fun of gambling is losing money thats false man, thats hurts so much funniest things on gambling is win & earn some money The fun in it isn't about loosing money. It's just playing it. People who smoke aren't doing it because it's said to be bad against our body - they're doing it because it's an addiction. That doesn't necessarily mean they have to smoke 10 times a day; just one time is enough. Although we loose most of the time, it's something fun for us. And not as fun as offline (free money gambling) gambling is.
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bitcoin is legal in my country, but bitcoin is not a currency, it's just a digital things, it's like game cash, so only few mechand accept bitcoin, maybe only arround 0.01% of online store accept bitcoin.
I don't think Bitcoin is accepted as a currency anywhere through laws, even if some stores accept it. It's accepted as a payment method in them, but I guess the owners have to exchange it back in USD/EUR/their local currency monthly. As we've got just a few shops accepting BTC, it's hard to use it in our daily routine.
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