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4841  Economy / Gambling discussion / Re: Understand addiction! on: February 14, 2019, 04:25:23 AM

i know i'm gambling addicted but i think i can keep it under control, i will try to dedicate time to other hobbies / interests, go out with friends who have interests other than the gambling

That is good, and you need to stay focus to control your habit because once you lose control, it will ruin your life and of course, your money will disappear in any minute. But if you can find other hobbies or interest, then I suggest you use that hobby as your new way to prevent your mind to keep playing gambling. Go out with friends is one of the solutions to preventing of playing gambling because we can go to some places and have fun with them without playing any games.


Exactly it takes a minute for anyone to lose money in gambling, so we should very clearly understand the risks which are involved in gambling.




i know i'm gambling addicted but i think i can keep it under control, i will try to dedicate time to other hobbies / interests, go out with friends who have interests other than the gambling
It is mean you are not addiction in gambling games because you still control your emotion in gambling games to stoped playing on it, that's good for you and you will not blame the gambling games, because many people who blame the gambling games because they can not take control to stop and playing gambling games and it is really really not fair for us.
Some people addicted to games and many of the people who were gambling for the money so people who want to be in control while gambling need to control their greed before doing anything.If someone have less interest on gambling or anything they were doing they are ot addicted but if they were doing it regularly with when to stop and when to contiue they are the best gamblers.

Greediness is the major factor of addiction to gambling. The main reason for gambling is to gain profit and if you are continuously gaining income and profit from gambling, then even addiction in gambling is good for you.
4842  Economy / Gambling discussion / Re: Walk of Shame on: February 11, 2019, 03:53:03 AM
Yep I did it several times, but I don't have any kids or wife. At this time I just remember how many times I won and how many times lost, after that I understand that I won much often, so I'm getting better.
I think that is because of your inability to control yourself, all players will experience it if they have no control and get out of their
plans. the worst you will spend all your money at the casino, and go out with shame


If you spent all of your money in casino and lost of it, then you will not only feel shame in front of your wife and family but also it will be troublesome for you too as your money is lost and now how will you meet your daily expenses. In extreme cases, you have to take loan and it will further make your life tough.
4843  Economy / Gambling discussion / Re: Gambling addiction becomes more popular with young people over time on: February 11, 2019, 03:17:28 AM
gambling easily addict a professional Gambler also so the young people will easily fall into gambling addiction because of its way of money making is more addictive for young generation of people so well gambling we need more attention with the limitations it will be very important for anyone to be a gambler.
The younger generations are way more curious than us. They try things to its extent until they can't control it anymore and due to that it results to addiction. And the sad part with their situation is they are gambling with their parents money.

Maybe few of them gambles with their own money through their part time jobs or any source that they had. But if they come that point that they experience extreme desire to gamble and their days can't be completed without gambling, that's really a bad call for them.

If as a casino owner I think it is the best thing as this means more and more young people will come and bet and losing chances are higher so it will give casino owner the profits . Also addiction rate goes higher with young people so more money the owner makes it . But as a individual you think about it means that if you do. It behave rationally and keep on losing money in gambling it is a huge threat for that person and family .
For casino owners, they will just implement a certain rule that under age and teenagers aren't allowed to get inside the casino. This applies for the physical casino's but for the online gambling, there's no restriction unless there's KYC.

The owner doesn't have responsibility if there are more young people that losses money. Those kids/teens should learn on how to be responsible with their lives and money. The casino is a business and as long as they are implementing certain measurements for their customers, these kids/teens should also know how to control themselves.

Why will any casino owner care about who is coming to thier site or casino ? They have opened casino for the profit and they surely do not care if the money comes from the under age or kids. Thats why we see no restrictions specially in case of online gambling sites.
I think parents should teach the kids advantages and disadvantages of gambling so kids know the effects of gambling.
4844  Economy / Gambling discussion / Re: Criteria of a good gambler on: February 10, 2019, 10:07:36 AM
A lot of people wonder what is the criteria of a good gambler, here are some of my thought about good gambler

a good gambler never chase profit
Profit might be the first reason why people gamble, but a good gambler never attached to the profit, the most important thing in gambling is excitement and fun experience, having profit is just the bonus

Above all the mentioned,this is what i agreed more ,gambler should be more on fun and happiness than to profit,lets just consider the winning as bonus from having enjoyable betting because the chase for money is the chance of being addicted and may lose all this good criteria of being gambler

There are many few gamblers who play gambling for fun only and do not care about the winnings. Those gamblers are the rich ones whom money does not matter. Mostly gamblers play it for the money. I think the most important habit of a gambler is that he should have self control over his emotions and should be sensible enough to book his profits and not to be greedy.
4845  Economy / Economics / Re: Who controls the market? on: February 08, 2019, 07:00:27 AM
who controls is, the user himself. if more people buy, the market will also go up. if many sell, then the market will also go down. because crypto is not controlled by an agency or government.

Yes, crypto is decentralized and no one controls it theoretically. But since the marketcap is almost 120 billion, few whales who have big amount of bitcoins can easily pump and dump the market and hence has indirectly control over it. As soon as bitcoin is distributed among many people, whales will lose control over it and then they cannot manipulate the market.
4846  Economy / Economics / Re: Investing in Bitcoin in 2019? on: February 08, 2019, 06:11:08 AM
Very Worthy and need to be tried, as a true investor there is no need to fear the current state of Bitcoin, where the value of Bitcoin is down. We need to remember again that the Bitcoin Value Fluctuates, can go up and down quickly and that can happen at any time. Currently the price of Bitcoin is quite low, and this is the right time for investment, and we hold it up to the price of rising to the moon, as happened at the end of 2017.

I am agree that its worth to invest in bitcoin in 2019. Bitcoin for some experts is digital gold and will be a good store of value. In this era, where people make transaction thru internet, bitcoin will used for internet transaction. When bitcoin start adopted in merchant, bitcoin price will rising again like end 2017
moreover now bitcoin price hit around $3390 and it could be our opportunity to collect more bitcoin or other cryptocurrency.when bitcoin adopted or accepted in any merchants it will be good fundamental for bitcoin and other cryptocurrency.
When the price is going down, it always brings new opportunity to accumulate.
Everyone should think positive rather than making themselves panic of the things that is happening, it's always wise to calm down
and believe that everything will be right gain, uptrend is inevitable but only time could tell.
if people could think clearly and didnt panic looking market moved down, i think they will able catch best opportunity in their eyes.but unfortunately most of them controlled by their emotion so could not think clearly.
they must skill to controll their emotion before decided joining in cryptocurrency market as investors.this is the most difficult think for everyone.actually market give us much opportunities although its in bearish trend,but we could not see this cause our mind full of emotion.

Yes, the good traders are still earning from the bearish market. If you follow the Technical Analysis, it is easy to gather 5 to 10% profits from altcoins. We should not be greedy however as these days it is almost impossible to get 2x or more profit.


Investing in bitcoin is the very best thing a man and woman can do to elevate his/her financial status. Now it's the right time to buy a bitcoin as long as you can, for a very afordable price. " by low sell high" .
but the problem is that here everyone can't give an answer about the cryptocurrency market increase. and now it is certainly the best time to be able to wait for the market to recover


Well, most people invest when they see bitcoin price is rising. In bearish market the people do not invest as they are not sure if price can ever increase or not.
4847  Economy / Economics / Re: The Factors of Demand and supply on: February 08, 2019, 06:00:18 AM
In as much as I would want to believe that the factors if demand and supply are determining factors of the price of bitcoin, I also of the opinion that speculation in the cryptocurrency space, spreading  both true and unfounded rumours play a very vital role in bitcoin price determination.
 

Considering Bitcoin with respect to demand and supply, the best thing here is that bitcoin supply is limited to  21 million. Further more if the bitcoin wallet passphrase is lost, those bitcoin will never be used ever so it will be minus from total supply.  Once you will see more demand for bitcoins and knowing that its supply is limited, bitcoin price will sky rocket. Maybe you will not realize this now but for sure it will happen in future.
4848  Economy / Economics / Re: Will people come back to gold on: February 08, 2019, 05:44:39 AM
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages

To be precise Gold Investment is outdated and i do not think any person now will prefer to invest in Gold. Those who are holding gold are those who have been holding it already for a long time. New Generation is attracted to bitcoin investment as the rate of return is much more higher here and also you can double your investments in two years or before.
4849  Bitcoin / Bitcoin Discussion / Re: Progressing adoption on: February 08, 2019, 05:22:12 AM
Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?

Well not much work has been done of the adoption of bitcoins. Those people who know about bitcoins are too busy in earning or using them that they do not care if other people also know about it or not.  Also people use bitcoins for trading purpose only and there is very less usage of bitcoin in buying and selling.

I think we all should use social media to encourage people use bitcoin as a currency and tell the benefits of using digital currency over Fiat to public.
4850  Economy / Gambling discussion / Re: Did the use of online gambling increase with crypto moneys? on: February 08, 2019, 04:46:10 AM
We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?
To some other people in some part of world, crypto currency has made easy for them to participate in gambling activities reason been that, crypto currency is universally acceptable and there is no stress for one to convert his or her local currency to the one acceptable by the gambling site before one can participate in gambling.
That's true, the easier the riskier, because when easy we normally gamble regularly as long as we have a lot of time to spend.
Everyone aim for winning, hence that would increase their money, however, gambling is not easier as we think, it's been existing to make profit not to give money.

Today many young people who have some crypto are getting into gambling at very young age considering the it will be a good to gamble and make more money through it. had it being a fiat they do not have that much so they would be avoiding it but now with crypto users have increased.


Yes due to bitcoin the number of users have increased and it has both the positive and negative aspects. If you see it positively more people will join gambling and more gambling casino will come and the business will grow enormously. On the other hand, Kids and children will also be attracted with gambling and it is not good for them.
4851  Economy / Gambling discussion / Re: Want to quit? Here's how on: February 08, 2019, 04:09:16 AM
I wish that every people who were still playing gambling could know how to quit from gambling and they can quit gambling in anytime they want
~snip~
I wish that way so there will be no more addiction, gambling has to be part of the entertainment activity in our life, it should not dictate
us on what to do. Getting addicting is a cause by our wrong action, it's not hard to learn and be discipline gambling if we know how to implement our strategy and be in control of ourselves.

Unfortunately this is not the case because gambling most of the time controls the people. It should be other way around that people should have control over themselves and they should know when to quit.


To quit from gambling and betting is not a small thing and one will need to put more effort to be able to make any significant progress in quiting gambling as a habit.  Many people don't know what to do now especially now that blockchain technology gambling is still now.

Well, its how you take gambling in your life. If you think that gambling is your life and you are solely dependent on it, you will never be able to quit.
4852  Economy / Gambling discussion / Re: Doesn't blockchain technology makes gambling easier? on: February 08, 2019, 04:00:41 AM
Currently many gambling sites and company are developing blockchain base gambling sites and that brings many cryptocurrencies enthusiasts to develop interest in gambling.  I think blockchain technology is making gambling easier! What are your thoughts concerning this.
You are right the blockchain technology is making gambling easier especially for the gambling games which are built on the most faster blockchain, for example eosbet is decentralize application dapps of gambling games be built on EOS blockchain as we know EOS blockchain is the most faster blockchain than other, it have made gambling games industry easier to be used and played, it is really useful for all of gamblers lover related with cryptocurrencies.

Bitcoin has already made gambling accessible to everyone and now anyone can play gambling at their own comfort anytime. EoS is further developing this as the response time / Transaction time on EOS platform is much more faster.
4853  Economy / Gambling discussion / Re: Ever stopped or removed from casino on: February 06, 2019, 06:04:17 AM
In the country which is prohibited gambling, people likely to play gambling in their home because they don't have to go anywhere. But if we lived in Vegas, playing gambling in the casino will be more fun since we can meet many people who play gambling too or talk to each other. But if we get removed or stopped from the games, I think it will be very sad or even embarrassing to us because I think it's the same as they were humiliating us in public. But that will be our mistake if we are cheating them to get a win.

Being removed from physical casino is very embarrassing indeed and it can only happen if a person misbehaves too much that the casino management cannot tolerate such a behavior.  I think any sensible person could not make such big mistakes or bad behavior until or unless he is too much drunk. I think drinking should be prohibited in Pubs and casinos.
4854  Economy / Gambling discussion / Re: How do you know if a gambling site is scam or not? on: February 06, 2019, 05:40:47 AM
I wonder how you do your research if a gambling site is scam or not?
It seems like a normal websites but when we entered into that the system of gambling was to be different from normal gambling so at that time we need to alert it may be a scam but most of the time we don't know howa scam websites be like that it is big problem there in gambling sites.
Actually you are right we don't know to find the signs website gambling scam but we can anticipate by put the website on scamadviser here is the link source https://beta.scamadviser.com/ it will helps us to know more information about the gambling website such as company data, website country, domain age, website speed, website values and many more information related with the gambling website including analysis from them.

Those who want to scam are very skilled and they will buy a proper domain with all the proper information and you can never guess that it can be a scam. The is not way to know if this site is scam if it details are also validated by https://beta.scamadviser.com/
The only precaution we can take is avoid new  sites at the early stages or even if we want to play gambling there, invest only small amounts and keep withdrawing daily.
4855  Economy / Trading Discussion / Re: I wish I dump all the BTC in late DEC 2017 on: February 04, 2019, 10:37:24 AM
what a year, wish I dump all the coin in late DEC lol

and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..
Well its too late to blame your decisions since we cant turn back the time

If you are not ready for long term holding,then never invest jn bitcoin instead choose altcoins because those are the fast moving coins

Bitcoin is designed for long term holding and not for short term gaining so from now on,you know what to do incase needed again.

I am keeping all my coins in folio I don’t care it turns out to zero value

It's all about decisions and that's why even though we intend to do a long-term holding, we must have a target that will be our exit point from our investment. The price of Bitcoin at the end of 2017 has soared significantly, I don't know why people keep holding it instead of selling it.

People kept on holding bitcoin because at that time price was moving so fast that people were thinking it will reach 50K or more and this greed stop them from selling at 20K.


I too wish I could have dumped all my coins in Late 2017 or early 2018 but up and downs are two faces of market, today we are regretting it tmm we may smile when market will rise and break high of previous year, lets hope for the best.

Many people wished they could have dumped at that time but not everyone was wise enough to do it. Only the whales knew which is the peak point to sell and many few people sell at the right time.
4856  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM's are popping up on: February 04, 2019, 10:26:19 AM
It is important to notice that more countries have kept them engaged into the process of regulating cryptocurrencies. This is a good news for bitcoin. Along with the same CBOE have once again got into the ETF approval submission. These factors indicate the growth of cryptocurrency all around the world. When the growth progress automatically, more ATMs gets popping up supporting the community.

It is really good news because the more people see those ATM's and the "We accept Bitcoin" sticker with merchants the more real it will start to look for the goal that is mass adoption one day.

I mean, even in Venezuela they are planning to start with one soon. So you can imagine how big this will be.

Exactly, it will really helpful in increasing the demand for bitcoins. When people will see Bitcoin ATM they will ask more about bitcoins and many people after getting knowledge of bitcoins will be interested to buy the bitcoins. This will increase the popularity of bitcoins and this will bring a massive new investments in bitcoins.
4857  Bitcoin / Bitcoin Discussion / Re: Bitcoin investors now moving to gold on: February 04, 2019, 10:19:02 AM
I don't think so.  Sad
I think investors are investing in both. They invest in gold and also invest in Bitcoin. They never leave Bitcoin, because Bitcoin is a very profitable investment. And I know Bitcoin investors will not leave Bitcoin and even Bitcoin investors will still invest in Bitcoin.
Yeah, I say this because I'm also a Bitcoin Investor.  Wink

You're totally wrong here. Bitcoins will be very profitable in the future. Also this perception is wrong that people are not investing in bitcoin. Actually whales are gathering bitcoin at this low rate as they know that it will be at very high rates by the end of 2020. Also those who are investing is bitcoin are not moving to Gold as the profit ratio is very minimal in Gold as compared to bitcoins.
4858  Economy / Economics / Re: What will you do in 2030? on: February 04, 2019, 09:55:06 AM
Looks like many economies around the world are going to be suffering major downfalls around 2030. The demographic pyramid is completely fucked up in many countries, with locals not having kids because basically millennial cannot afford to live on their own due low wages and high cost of living. In Europe it's all over the place. What grinds my gears is economists saying immigration is the solution and they will pay our retirement funds. This is insanity.

Anyway, do you have a portfolio that makes you comfortable about the future? we are definitely on our own so be sure to have some passive source of income for the future. Hopefully Bitcoin saves our ass and by 2030 we don't have to worry about money anymore.
Cost of living now is really expensive, day by day the amount of cost of living is also increasing but wages are still as it is and not improving even if most of expenses are too expensive now including monthly bills. I don't have any portfolio for our future, I am also busy doing house hold chores and taking care of my baby. Maybe if I can have some time to think of what should I do in 2030, or for better future why not. And if only bitcoin will help us also for our expenses or in our future then it is better to save bitcoin for now.

Many people are worried about their future and they are not sure what will happen in 2030. No one knows what will be the value of dollar or gold in 2030 so investment in them is risky. However as we have heard that bitcoin will be  1 Million dollar or more in the future, we we invest in bitcoin today, it will be worth much more in 2030 or before.
4859  Economy / Economics / Re: Will BTC defeated in 2019? on: February 04, 2019, 09:34:57 AM
It will not happen. because indeed today there are still many interested markets where they are very interested in bitcoin even though now the value is experiencing a considerable decline.
That's right because the price of bitcoin is still strong and of great value, so this year the bitcoin will never be defeated this year by other coins even though the price is now destroyed

Only hope will change things later. I'm not so sure that Bitcoin will easily die this fast because there are many other things that must be developed from BITCOIN for everyone who knows it.

Bitcoin will not die no matter how many better coins are invented with better features. This is because bitcoin is the only coin which is used for buying and selling and rest all altcoins main usage is trading. Secondly the volume of bitcoin is more than 50% of all the altcoins so this show the bitcoin dominance in this market.
4860  Economy / Gambling discussion / Re: Want to quit? Here's how on: February 03, 2019, 05:42:32 AM
Never let the gambling control you, you're the decision maker so you're controlling yourself !
Sometimes, I'm confuse where someone can't out from gambling. I'm aware that every people have their own tolerance of something because their attitude being created by their family and environment !

The sad part is that people are controlled by gambling and they are unable to make good decision of quitting it themselves . It is greediness and the addiction which keep people play gambling even if they are losing money in it. This way their family and children suffers a lot because of this habit.
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