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4801  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁 BURSTCOIN🎁Most Popular Dice & Roulette🎁FORUM 🎁 on: June 17, 2017, 07:15:16 AM
It's great to finally see Burst coin added to Bitsler to gamble with. I also noticed a lot of Burst coin rain once the coin was added and also saw a few people win some Awesome amount of Burst coins. As I hold a nice amount of Burst I'm hoping that by Bitsler adding Burst will help the price and also bring in new players to Bitsler which I believe it already has.

Its good to see another cryptocurrency for the website however I don't really see burst being used much except for the early adopters or maybe the devs of the coin.

Reason being is that its crazy volatile at the moment. It was like 100 Satoshis back in March, then spiked up to 1000 Satoshis and right now its sitting in the middle.

Pretty sure most people won't be selling their BTC for BURST just to gamble it here since the price can change very quickly.

True however since that price spike for Burst coin it has since settled down like you said in the middle and has been a steady price of around 450 to 650 sats so I don't believe it is all that volatile any more. In fact the same could be said about Doge coin as well which is doing very similar to Burst in price, a huge spike and then it's sitting in the middle. Then there is the fact that people can mine Burst cheaply from their free HDD space and then use them to gamble with instead of using BTC to buy Burst coins.
One thing for sure if a lot of Burst Coins RAIN are being shown it means that the site and its members has accepted the new kind of Cryptocurrency in their betting. It can also mean that when Burst Coin is added new members have also joined the site to bet on their Altcoin. But I highly doubt that it can affect the price of Burst Coin just because it was added to Bitsler, the main point for it to increase is the increase in demand or in users overall.
4802  Bitcoin / Bitcoin Discussion / Re: Fast & Safe? on: June 17, 2017, 06:15:21 AM
If I were you I won't let my Cryptocurrencies hanging around in an exchange site, the risk involve by doing that is obviously high. What you can do is store all your Cryptocurrencies in their respective Wallets therefore the possibility of getting hack is lesser than holding your coins in an exchange site, my claims are being based on what people are trying to say in the safety of your Coins.
4803  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: June 16, 2017, 03:20:27 PM
The future of bitcoin will not be bad, but it will have a successful future, a number of other crypto currencies are trying to compete bitcoin in order to take its place but they will fail and bitcoin will remain No.1 in all of them.


THe future of bitcoin is really good, it is not that bad unless it will not developed. Bitcoin as a digital currency has its flaws, the reason why it needed to be improved. But other crypto currency are not trying to compete with bitcoin, how can they compete when there are no one to control them. The people are just loving how these crypto currency are done.

Exactly, I feel some Altcoins are born out of greed and selfishness as most end at ICO level without a future and the others that managed through the years just lack the development and competition adequate to give Bitcoin a firm competition.
To give an explanation on why are you telling that Bitcoin will have a good future. I am giving one reason why. Bitcoin as of right now are having developed countries try to legalize or recognize Bitcoin as a mode of payment namely Korea, Japan, and Russia which means if it becomes successful other countries will follow the lead and therefore will increase the demand of Bitcoin with its development. The demand will simply make Bitcoin have a higher value in the future.
4804  Economy / Economics / Re: Bitcoin prices rise high on: June 15, 2017, 03:45:47 PM
As of now the price of bitcoin decrease to 2100 dollars . I hope the price will back again at $2600 last week. But even the price of bitcoin down it is good to us because they have chance to buy more bitcoin and make profit after that.

That was a positive attitude.  Though it really hurts to know that bitcoin price goes down to up to half a thousand dollars, you can still make a positive outlook.  Hope that its price goes up again.  I was really into bitcoin right now.  And making bitcoin a sideline job to finance my daily needs.
This is because of the amount of profit taking happening is so high that is causes panic selling of the weak hands. Big players intended to take advantage of the cheap price bit by bit. But from the history of Bitcoin's trend I know one thing is for sure that recovery from price falls is inevitable to happen. Don't minor losses fool you into selling your position, you are only contributing to the panic what other consumers are doing, so if I were you just hold your position and better believe that Bitcoin will come back near 3000$ again.
4805  Other / Off-topic / Re: how to reach 1btc on: June 15, 2017, 09:17:52 AM
As of today a 200$ worth of Bitcoin is equal to 0.08236 BTC you only need to accumulate 0.91764 worth of Bitcoin. Now assuming you don't have any skill for trading your only option is to accumulate Bitcoin, for how long? It depends on how much pay you are getting. But over time you will rank up to Sr. Member which pays more. All you have to do is accumulate Bitcoin and never spend it on something. Another advice is stay away from gambling as you can risk losing your money even if you have a chance to win.
4806  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁 BURSTCOIN🎁Most Popular Dice & Roulette🎁FORUM 🎁 on: June 15, 2017, 07:58:23 AM
Revamp looks good.
Did you added more games to the portfolio as well ?

They just added burst coin and i can tell you that it is raining Burst Coin in their chat which makes lot of people crazy in chat to catch rain including me. This is a good step in promoting Burst Coin hoping that someday price of Burst coin will go to the moon because of Bitsler.
Is it just me or the betting is a lot faster compared before the update? Because right now it seems like every time I click the bet button it instantly shows the result if I win or not in my bet. Because before it will take a few seconds before it shows the result. Maybe it is part of the server improvement Bitsler has done. Well Done Bitsler Management for improving the server and adding Burstcoin in the site.
4807  Bitcoin / Bitcoin Discussion / Re: When will be see bitcoin as international currency? on: June 14, 2017, 02:56:06 PM
I agree with what other members have said about Bitcoin as of right now being an international currency. Even though it is not official yet in any country, the amount of users and what country they are receiving or sending Bitcoin will make it count as an international currency. The fact that Bitcoin users are all over the world makes it a international or global currency because you don't need to change it into another currency but you can send it directly as it is because it is acknowledge as a kind of currency.
4808  Economy / Economics / Re: The dream of getting rich with bitcoins on: June 14, 2017, 12:51:03 PM
If whio are buying bitcoins now gonna be rich, we need to calculate the total of market cap, for example if the bitcoin dobles the price right now, the maket cap will be 10bi $ and thats very impossible ( now )
Market cap does not always equate to people being rich with Bitcoin, it simply just mean that the price and volume increase. Even if the market cap increased but the supply (volume) of Bitcoin is evenly owned by many people then no one will be rich in that scenario. Nevertheless an increase in market cap will mean an increase in the participation of the market, what I mean about that is the one with the largest market cap is always the one who has many users who buy and sell for profit.
4809  Bitcoin / Bitcoin Discussion / Re: Can cryptocurrency make real money disappear? on: June 14, 2017, 11:07:16 AM
I don't think that is possible not unless the government has its own kind of cryptocurrency that is intended for it to replace their fiat. Why do I say so? To the fact that a cryptocurrency is  limited and out of their control they can be vulnerable to an economic change. What I mean about that is a country who has not full control on their own currency will have more disadvantage then advantage. Also I do think cryptocurrency in general can be a good second option for us all.
4810  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used by ordinary citizens? on: June 14, 2017, 09:39:59 AM
Bitcoin is usually used by people interested in technology. I mean, persons with a certain technical knowledge are interested in bitcoin.

My observations are that way. I think Bitcoin needs to reach larger quantities. Can use bitcoin in people who are not interested in technology?
Can people use the bitcoin in the profession group like tradesmen, teachers, housewives, firemen, butchers? Are we going to see the days that these people use bitcoin?

Bitcoin will definitely be used by these people. Bitcoin does not require its user to know the technical stuffs inside bitcoin technology. The main knowledge they must know is how to receive and how to send Bitcoin. That should be it and then they shall be able to use Bitcoin. No technical stuffs needed. We just have to wait when Bitcoin dominates many more countries and we shall see those days. Wink

If the person can able to access banking application and Netbanking means sure they can use the bitcoin wallet easily. Technical stuffs are also little to such as private key, authentication options and some other things. Process started from Japan now, hope we will see the bitcoin in some years working on the all countries as a legal one.
Well obviously you all have points about it, but what is the purpose of non technologically inclined persons of using Bitcoin if they are really what you called not inclined to technology, what will they buy with their new found currency? What is the use of it? If Fiat Currency is the sure and simple way to transact with all of them. Sure ordinary people can use it but will it be in any importance to them? I don't think so because they will see it as the saying goes if its not broken don't fix it.
4811  Economy / Economics / Re: Bitcoin prices rise high on: June 14, 2017, 08:48:03 AM
Maybe but not all people are like stopping to do their job or work and focus in bitcoin.  Maybe if they are good on it and have many bitcoins to continually maintain, maybe.  If ever I have a huge amount of bitcoin maybe I would do also what other people are doing.  What you earn from bitcoin were still income and money so it is almost just the same.

That's true because of the jobs bitcoin offers for many user made a wider community, making a more used coin than other, it keeps spreading non-stop so no wonder why the price go high like this days, dominating and focusing on its purpose making people believe and buy coin. Nevertheless for some who don't have much money the transaction fee is a pain in the ass and in fact gamblers starting to hate using it because of the transaction value, but for those who is using it for its real purpose which is to transfer money from on to another using internet with less hassle it is a good deal.
Quitting or stopping your job to go full time with Bitcoin is not yet safe or what I would say is not a good plan to do. For one important reason. Bitcoin is not yet stable and we have experience it recently. A currency dropping from 2900 to 2400$ will definitely affect a person's living if they only rely on Bitcoin. Yes I know they can take advantage of the volatility but what if they are left out? What if they don't know how to trade? Then all bad things will happen to that guy who quit his job.
4812  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 10 BILLIONTH BETMost Popular Dice & RouletteFORUM on: June 14, 2017, 12:17:30 AM
Why not? I've seen people selling their high faucet PrimeDice accounts in the Digital Goods section of the forum, so why not Bitsler accounts? It also kinda makes sense if you never plan on betting again.


How much it worth? Because last time I try to search it and got nothing there.  Do you believe such big whale do not gambling again after period of time? Because I know that to achieve that huge free faucet they already spend so much and now want to sell it away just like that and betting using some faucet? I do not think they will throw away their pride like that
Well, maybe primedice don't has any special rules on much account holding or buying/selling (don't know really) but on bitsler in rules it's not allowed to have more than 2 account. So if we start account selling and person has 2 account, when he/she buys new one, it means 3 account despite the fact how active was any account. Also for example if someone sells bitsler's legendary account, it has unlimited 5000 satoshi faucet and I believe buyer will use this for unlimited faucet. So faucet farming isn't allowed.
In any way, account selling can't be allowed.
I don't know how much will it be but It would be so much expensive. Due to the fact that the bet level you need to accomplish to reach that faucet claim is high. The only thing I see for us to reach that level is through betting as a high roller or betting one time that amount on a high chance but either way its risky. So maybe if someone will sell their account it would be expensive to get. Because if you only depend on faucet claims per day you won't reach the VIP title easily.
4813  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: June 13, 2017, 10:36:31 PM
I do believed that Bitcoin will become a world currency and if that really be happen many of the bitcoin believer
will instantly millionaire if they hold hold more than enough money into bitcoin.
Maybe its a form of investment that everything will be good intire world. But become world currency in the future i think won't happen because many more people knew nothing of bitcoin especially in isolated areas.
Yes the holders and the believer of bitcoin are now millionaire.
This can be argumentative because we don't know how to define a "world currency" yet. But in terms of usage maybe I think we can count Bitcoin as one to be a world currency because it has many users that accept Bitcoin all around the world. And to keep up to my point I don't think it will relate to the price that much if the demand is not yet significant to the world's population maybe at around 15-20% we will see a drastic price change of Bitcoin.
4814  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum in 5 years on: June 13, 2017, 04:11:48 PM
It is really hard to invest on an Altcoin even if its Ehthereum, reading on the comments I just say it is purely speculation because there are no 3 or 4 common answers which means they all have their own version of it. I am really interested to venture on to another coin but as of right now I have no proper grounds that it will reach some high price level. Can anyone enlighten me about investing my money into Ethereum?
4815  Economy / Economics / Re: Best way for steady income on: June 12, 2017, 10:37:17 PM
Stable Income ? Try to invest btc , you will had Your own risk of it


Per the current trends, an investment in Bitcoin can readily yield a stable income for any individual and I will advice the OP to invest in bitcoins or ethereum and he will be dhl to have a stable income st least for now.
I don't think we are getting the same one meaning here about "Stable Income" when I am hearing the word what I understand about it is that having a stable income means having a frequent and fixed income on a fixed period of time, it can be daily, weekly, or bi-weekly, even monthly. Which I don't understand how Bitcoin trading can provide. Because even if its volatile there can be weeks that it remains on the same level like last week in which it maintained the level around 2850-2900$ level, and I don't think someone will sell their Bitcoin for a 50$ worth of profit.
4816  Economy / Economics / Re: Future of the BTC on: June 12, 2017, 03:38:20 PM
The technology of Bitcoin is outdated and high volatility is a part of bitcoin. For a person who has a daily usage, this volatility is a curse for him but the same volatility is the thing on which traders depend. Other new generation cryptocurrencies are not as volatile as Bitcoin which is making them a better overall option. Some people believe that Bitcoin is gonna die in near future.

Then I guess those people you're talking about don't have their investment in Bitcoin because most of us who have invested in Bitcoin are the ones causing the volatility by our daily demand increases and decreases. It goes to tell that majority that have invested in Bitcoin are hopeful of Bitcoin's future and so we don't care what others outside the Bitcoin world are saying.
Outdated by what standards? Bitcoin from what I know started the concept Cryptocurrency which the whole world as of now is not yet properly introduce with. Meaning that the technology of Cryptocurrency itself it still new to the general public. Yes there are credit cards and apple pay but a currency that is not controlled by any government is something new and unique for the majority. For me the volatility of Bitcoin signifies two things it has growing demand and secondly the participation of buying and selling is high with Bitcoin there is nothing bad with volatility.
4817  Economy / Economics / Re: If you were in desperate need for money.... on: June 12, 2017, 01:19:55 PM
If I need money, I will apply for a loan when it is no longer a way to borrow money from friends. And I almost sell my valuables because there is no money in the wallet.
Borrowing money from friends and family looks like good and easiest idea, but in my place we say that if you want lose friend borrow him money. Borrowing Bitcoins nowadays is not good idea. Price is rising so much, that in few weeks you can have 100% more to repay. Much better is take loan in bank or other institution.
That way it may be done by everyone because borrowing from close friends or neighbors is common to most people.
But mostly by the way we borrow money is usually a frequent dispute so that the consequences of borrowing money can make our friendship tenuous if we pay it not on time, Then as much as possible we should try to get the money we need without borrowing but we try as we look for a part-time job that can be paid after we do the job.
Don't make borrowing Bitcoin as an option. By borrowing Bitcoin you yourself will handle its volatility meaning that you have a chance to get less compared to what you want. Also isn't it easier to borrow fiat currency which as of the moment is more accepted as a form of payment. Another problem is people who are desperate in money that are eligible for bank loans are rich people with good credit line so that they know that you can pay them back at a later date, people who are building businesses are usually eligible for this kind of loans.
4818  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁10 BILLIONTH BET🎁Most Popular Dice & Roulette🎁FORUM 🎁 on: June 12, 2017, 11:40:47 AM
Just visited the Bitsler site recently and I got surprised by the new button in sidebar in which the word "Forum" is on the logo. After seeing what Bitsler's forum look like well I have to admit it is a nice addition to have an inside forum for it. Also the forum design itself is quiet appealing and easily accessible. Also the categories as well is the sub categories are properly laid out.
4819  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 12, 2017, 07:57:14 AM
I only have 2 reasons while I choose Bitcoin instead of cash. One is that I intend Bitcoin to be use in online transactions where it will be accepted as cash, because I am a cash kind of guy who does not have any credit cards to use. And secondly (which I use the most) I use Bitcoin as a mode of investment which obviously has a lot of growth potential compared to any fiat currency the downside is it can also decrease its price fast.
4820  Bitcoin / Bitcoin Discussion / Re: How can bitcoin accomodate growth? on: June 12, 2017, 06:55:55 AM
Its actually depend on the user itself. Some people use Bitcoin for online payments but I think majority of the people use Bitcoin as a mode of investment. The growth is tremendous to be not taken part of any Bitcoin users. So I guess people mostly enjoy the ability of Bitcoin to increase in value overtime and the purpose of it being a form of money.
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