It will not that smart to make an investment because in gambling you never know what will happen with the value and that is the problem because it is too risky for that.
The best thing is just save some money and just wait a little longer for a good price increase.
I disagree, it could be quite lucrative to invest a small portion of your Bitcoins in trusted gambling sites for a short period. Crypto prices are rising and earnings are good with gambling related investments. |
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I don't think it will make a great impact. Oil isn't only used for vehicles, It's used for all industries as energy resource.
I think that the impact would still be pretty significant, especially when vehicles used for transport and construction get replaced by electric ones. Oil is also being used to make plastic and a whole other range of products, but we're seeing a growing shift towards bio-degradable stuff. |
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Large scale mining operations would typically sell enough to keep their operation running, paying for electricity and perhaps hardware in fiat.
I'd guess they just sell their coins at a trusted exchange.
Different mining operations have different practices, some will keep a large percentage of their profits in BTC, and some will exchange everything for fiat.
It would be interesting to see some statistics on this, I know a few operations have mentioned this in interviews etc.
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https://www.crypto-games.net is accepting investments in 8 different cryptocurrencies. Total bitcoins invested is currently 227,45 BTC, and overall invested in all coins is 316 BTC. I've invested here before and it's really handy that you can just check out the stats on every coin and every separate game. Over the long term it's pretty similar to the house edge, as it should be. Payouts are also instant, but your investment is locked for the first 24 hours. |
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I'm looking at the web link, it's looking ok, but I wonder if the market for those kinds of services isn't too saturated...
Have go gotten any sales so far?
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Seeing how some countries are implementing various laws against Bitcoin, it would indeed seem that there are some people in foreign governments that don't really like Bitcoin.
Possibly due to the lack of control they have over it.
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I would raise the minimum bet, it's a cool idea but a 0.009 BTC jackpot is just too little for me at least.
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Too bad he didn't mention the word Bitcoin itself, still a good find. But if things keep going like this, Bitcoin will be a household name  |
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Thank you so much for this, I will be testing it out now. Don't see any bugs so far |
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I've never been the victim of a Bitcoin theft, though in the past someone has tried to access my blockchain.info account.
Luckily I have 2 factor auth enabled, so I get a message when someone tries to log in.
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Bitcoin could disappear or people could always choose not to use it anymore. However, I think this is very unlikely, unless some revolutionary replacement coin pops up and becomes vastly more popular than Bitcoin. I think we're pretty safe for the next couple of years though |
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Buying bitcoin is also same as investing bitcoins, as it can be the best investment for the future if price skyrockets and that is the reason I am investing into it.
Holding is highly advantageous compared to the investing, one reason is bitcoin investing websites are mostly ends in fraudulent. The next reason behind this is the skyrocketing which happens when a mass adoption takes place. I agree to a certain extent with this, I'd recommend just saving the majority of your Bitcoin holdings and investing a small part of your Bitcoins. Cloud mining could be profitable, but it will take a very long time to get ROI, I would invest in gambling sites instead. |
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Overall I'm looking at a small loss of around 0.1 BTC, but I've had fun playing and didn't go overboard with spending.
I'd say if you see that you're spending too much, quit for a few weeks.
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Payment received, thanks guys!
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Dogecoin. Very nice community, and the coin actually gets used. Relative to other altcoins I mean. Don't kill me.
Haha this made me laugh  But you're actually right, it does get used and doesn't seem to die off, pretty amazing for a coin like that. |
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OpenBazaar @openbazaar 10h10 hours ago
Next update that fixes connection issues and resource exhaustion coming soon.
Great! Thank you if you're in the team behind OB. It's a fantastic project, with huge potential, but it still needs work. I guess developers shall prioritize work related to ease of connection and stability issues over those over design, or personalization options. I have a feeling they're working towards more security options and creating patches and so as opposed to the connectivity or personalization aspects of the client, since the connectivity is fine, for the most part, unless there is something on your end blocking it. With something like OpenBazaar, I think security is the most important aspect of it, especially when large amounts of Bitcoins are involved. I've had some connection issues at the start but resolved them fairly quickly. |
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If you're playing poker for a significant amount of time this would happen quite often actually :p
But I would never go all in with everything I own.
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If you ask me you can already get rich by simply hold the bitcoin for a long term and later on cash out with a high amount.
If you do this with a large amount you will make profit for sure.
This is something that most people do not seem to be getting though, that it's profitable to just hold onto your coins. Though, it's not a terrible idea to invest at least some of your coins into something that would yield you more coins, like investing in a gambling site for example. |
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