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5001  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes a altcoin valuable on: June 08, 2018, 03:36:37 AM
I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?



What makes an altcoin valuable is its opportunity to attract investors with its technology which can be better from bitcoin itself. Most altcoins developed are more convenient, revolutionary and specificity compared to bitcoin but what makes bitcoin the reigning currency is its hype developed and significant price on the market. Altcoins are very versatile and they are made for specific purposes which caters to some businesses.

If this continues, soon each store will have its own cryptocurrency. What allowed you to create so much. I believe that it would be better to make TOP 100 coins available to everyone and all.Too many scams now earn in Altcoins.

Altcoins are prone to threats and scams since they are made by people who have any background with developing cryptocurrencies. Some ICOs of altcoins have been reported to at least scam its investors by offering various services but leaving them at the end. It already created a stigma that view altcoins as 'scam coins' which tarnishes the cryptocurrencies in general.
5002  Economy / Trading Discussion / Re: How Much Should You Invest in Bitcoin? on: June 08, 2018, 03:11:28 AM
I often get asked privately if Bitcoin is worth an investment. My answer is a whopping yes….invest your time.
The price fluctuation of Bitcoin is certainly fascinating, but how cryptocurrencies (and blockchain, more on that soon) will affect you, your job, your business, and humans collectively is far more lucrative.
The financial (and in turn, geopolitical) institutions are about to go through what the media (music, books, TV, newspapers, cinema) industry went through since the rise of social media during the past decade.
Your investment in time learning about blockchain uses will far outweigh the investing of your $ € ¥ £ etc..



Before you invest your resources, consider them as the money that you are willing to lose. Investing into cryptocurrencies would require large amount of cash depending on your financial status and goal as an investor. The amount that you risk is directly proportional to the reward that you will yield when its value matures. Due to the high volatility of cryptocurrencies, most investors are inclined into investing short-term than long-term.

I think 0.1 BTC is the minimum investment. But do not invest all your money for BTC. Because in the far future, BTC has bubble

There is no minimum investment on cryptocurrencies. The income that you yield will depend upon the value that you invested initially. Only invest the amount that you are willing to lose and to maximize your investments, it is advisable that you diversify your resources by not focusing solely into one investment tool.
5003  Economy / Speculation / Re: What/who make the price of bitcoin on: June 08, 2018, 01:03:07 AM
Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

The price of bitcoin, specifically, depends upon the market supply and demand in the market. Since new investors and old ones are continuing to invest despite the market, it increases the demand/supply depending upon the situation. Another thing that significantly contributes to the price of bitcoin is the hype it created. With its high-volatile price, bitcoin has attracted investors who invest their money hoping that it may increase in the future. With this kind of mindset, the price hyper inflated, making it the number one cryptocurrency to date.

Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?

We, the market, together with the supply and demand of bitcoin, are making price of bitcoin. The more people buying bitcoin, the price of bitcoin increases. The more people selling bitcoin, the price of bitcoin decreases. Also, the more supply and less demand, less price of bitcoin and the other way around.

As long as investors retain their money to their investments, the price of bitcoin will continue to increase/decrease depending on the circumstance. Whales play a significant role on its price as they may manipulate the market supply/demand due to the number of bitcoins they posses. But bitcoin revolves around the law of supply and demand depending on the number of investors who keep/sell their resources.
5004  Economy / Gambling discussion / Re: gambling in the crypto market on: June 07, 2018, 03:27:45 PM
I think the crypto market now seems to be more suitable for gambling than for normal life, as it seems to solve a lot of things like fast, convenient, anonymous and easy to dodge. the law.
Are you saying yes and no? Grin Grin
Yes,it is.

Gambling is now become more anonymous and convenient for everyone with the crypto currencies ad even the non gamblers are started to gamble because of crypto currencies and online crypto gambling saves much time and even we can gamble if we are from gambling banned countries.So crypto is a boon to the gambling industry.

Indeed. With developments and enhancements made specifically for cryptocurrencies, online gambling has become one of the most convenient way of gambling. Not to mention, the price of cryptocurrencies have been stable for a while now which makes this as the perfect opportunity to gamble without losing so much. The anonymity factor and convenience it provides eliminate the purpose of going to casinos and it saves the hassle for individuals who are looking for entertainment anywhere.
Before you start gambling, it is your duty and obligation to do research before playing into random websites. There are online gambling sites that have been around for years and they have started to build their reputation due to trust, confidence and customer support they provide to their customers.
5005  Bitcoin / Press / Re: [2018-06-07] Here's Why Investors Should Be Wary of Bitcoin on: June 07, 2018, 03:10:55 PM
As it is quite evident, the cryptocurrencies price is dependant on the bitcoin price. There's no cuch condition where you can neglect investments in bitcoin and still expect a better return on altcoins. Not until you find a currency that replaces bitcoin.

Mostly, the increase/decrease on bitcoin's price follows a direct-proportional relationship to most altcoins in terms of price. While bitcoin may be the leading cryptocurrency, some altcoins show positive results whenever bitcoin prices fall down. This may be relative to the market and to the investor since observation in the market is the key in order to maximize profit while at the same time avoiding loss.

“I guess I’m a little skeptical that [cryptocurrencies] are going to hold value the way that people expect that they will,” David Siegel, co-chairman of Two Sigma, a hedge fund with $52 billion under management, said at the Bloomberg Invest conference Tuesday.

Read more about this here: http://fortune.com/2018/06/06/two-sigma-hedge-fund-bitcoin-blockchain/

Interesting, he views cryptocurrencies as equal since all revolve around the blockchain technology. I actually agree on what he mentioned in the article. Since people are inclined into investing into cryptocurrencies, investors seem to store the value than to create projects that makes the market liquid.

In economics, when people store their money than investing it into the bank, they contribute to the inflation since the market supply and demand would be disrupted.
I remember a particular scenario in Japan wherein if you invest money at their banks, the interest rates are negative- meaning you would lose value of your money.
5006  Economy / Economics / Re: Bitcoin becoming the sovereign currency on: June 07, 2018, 02:00:50 PM
If the bitcoin'value gets to the figure of $1 million and overcomes the whole process of gold capitalization then that would be great but let's not run ahead of a boat and see what happens. 

$1m is absurdly unrealistic. If that happens then the demand of Bitcoin is superb that all other altcoins is neglected. Nowadays crypto competitions is high and it is difficult to reach that certain amount you said.

Around a few years back people were thinking that bitcoin never reaches 10K and it will be unrealistic. But bitcoin has surprised everyone in just last one year it went up to 20K. This market is not controlled by any institution or government so anything can happen either it can reach to 1 Million or similarly it can go down as well. As a crypto investor, we should be always ready to receive surprises from this market.

Well expecting surprises might be a good thing but being optimistic all the time calls for being realistic as well. If the value of bitcoin reaches $1 million dollars, the demand for such cryptocurrency would be high and its supply might decrease. Not to mention with that value being that significantly high, investors would actually pull out their investments due to the risk and threat of its value dropping. Its decentralized and high-volatile nature make bitcoin as 'high-risk, high-reward' type of investment wherein you are holding a double-edged sword on your part.

Bitcoin, much like any other crypto currency, is an investment in itself. But then again, if the question is growth, once BTC achieved a stable value then it always has room to grow. Plus it has many competitors such as a long list of alt coins out there. Projects will be built around it and of course demands for it will increase. Either way, there is always an improvement.

Assuming that bitcoin would be regulated in the future and its value would be less-volatile, the number of investors might pull-out their investments. What makes bitcoin as an opportunity to most investors is its volatile price. Some consider this as a short to mid-term investment since its price may skyrocket at any time- which makes this the perfect tool for risk takers.
5007  Economy / Gambling discussion / Re: Are you still looking for best gambling site that suits your luck on: June 06, 2018, 05:19:03 AM
If you are spending too much on gambling and keep losing it is a clear signal that you should not gamble and even if you keep changing sites your luck will not change and you will just keep losing the money whatsoever .

Maybe you are right! but there are some gambling sites can be more suitable for gamblers, I mean by the style of games and a lot of other things and maybe for luck too. For example, in the old days, I've been addicted to gambling. I played in a lot of them, but I really like any one site which it's directbet.eu, but unfortunately this site is closed now.

Don’t you know what the hell you are just talking about? Don’t you know that how people are getting irritated and harmed by this game? Don’t you know you are making losses to people just by earning from them? It is like you are killing others to make your life better. Please don’t do this and avoid such sort of businesses that play with people. Get some grace and earn respectably.
Being a gambler means no respect among the society?,no you were wrong most of the gamblers are well earning business class people they come to gambling for spending the their money.So be that kind of gambler will be the good,if some one is doing gambling for his daily needs then you were in the wrong place go and find a job to get your daily needs.

Unfortunately, there exists a stigma among gamblers that they are portrayed as someone who contributes negatively in a society. Generalizing one experience due to gambling does not constitute to others. Every gambler has their positive/negative experience and they have the prerogative to choose over their decisions whether to continue or not. The problem will only rise when an individual lacks self-control and discipline.
Although gambling can produce adverse effects into individuals, it has its positive impact socially and economically.

Personally, every online gambling website revolves around luck. It is only in a matter of preference on the individual on what websites they find comfortable to gambling with.
5008  Economy / Economics / Re: Do you approve this strategy: sell alts buy btc? on: June 05, 2018, 11:58:28 PM
I read this article, but I want to see opinions, would you sell all your alts to have only bitcoin now ? I don't think this is recommended

https://cointelegraph.com/news/buy-bitcoin-sell-your-altcoins-says-pioneering-wall-street-blockchain-analyst

It depends if you have acquired altcoins and you saw that their prices have increased overtime.
Personally, I find the method useful as you are maximizing and diversifying your investments by investing not solely into bitcoin but you explore other options as well. Only sell your bitcoins/altcoins if the prices are higher from what you acquired them in the first place. Investing into bitcoin, on the other hand, may be considered as a short or long-term investment since its volatility is remarkably high. Depending on the market outcome, you may sell your bitcoins on the spot if you saw that their price skyrocketed, despite having a long-term goal on it.

It is good to own some bitcoin but I don't recommend selling all your alts to buy bitcoin. Bitcoin could rise to unprecedented levels but some alts are not expensive at all and could increase a thousandfold. Get some bitcoin and get some alts too.l

The key into investment is by diversifying your resources by not investing into just one method. If you want to maximize your profits, you need to explore other options by investing into multiple methods available. Focusing into cryptocurrency alone may be relatively good as their exist a broad spectrum of choices but other investment mechanisms should be considered as well (i.e. stocks, gold, real estate, etc.)
5009  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin or the Blockchain save the environment? on: June 05, 2018, 09:04:14 AM
Too early to give substantial information since the blockchain technology is still on its embryonic stage. The idea of eliminating fiat by replacing it with currency that exists electronically may have benefits in the community and in the environment (as fiats are composed of mixed metals and paper) but the trade-off might be worse. Like what others mentioned, mining bitcoin requires tremendous power and energy in order to sustain and power CPUs. Even if some ICOs are proclaiming that their project may be beneficial to the environment, it will inevitably harm the environment on a different aspect.

Like what I mentioned, the blockchain is still on its early stages and further developments must be introduced in order to embrace this idea. Who knows, maybe in the future, people would develop a system wherein it both benefits the environment and the community- making it a win-win situation.
5010  Economy / Trading Discussion / Re: Bitcoin has turned into a scam coin on: June 05, 2018, 07:05:17 AM
Currently its over 15550 USD The transactions on bitcoin network is taking me more then 24 hours no wonder the price is going up its a ponzi scheme and because its slow people are locked as they are not able to trade it
ITS just a shit coin with a hype on it. Exchangers Being Hacked Many sites having problem sending and receiving bitcoins How is this even the future. There are many other coins which has fastest transactions this is just a gimmick
BTCig shit

Generalizing bitcoin as a scam coin due to your experience with it does not constitute that the whole thing is a scam. You are committing a fallacy of generalizing bitcoin due to the scope of your experience. Instead of blaming the coin, blame yourself for being negligible. Learn from your experience in order for you to prevent from that situation from happening again.
One thing that I cannot understand is some people have their negative experiences with bitcoin but instead of being negative about it, they remain positive and they always look forward for the future.

No one is forced to buy Bitcoin and it is up to the individual because it is the hard earned money they make so they can decide where they want to invest. It's not a scam coin. But recent uptrend is quite unnatural. In a month or two, it has changed from 3k-5k to 15k. No one expects such abnormal growth

I definitely agree. With its volatile nature and price, no one can accurately predict its price on the market but there are certain variables that can be consider that may somehow know its price margin. Depending on the current news and implementations made by countries who are against or for bitcoin, you can use that as a factor in determining the increase/decrease on its price.
5011  Alternate cryptocurrencies / Altcoin Discussion / Re: Predictiing Cryptocurrency price.. Is it possible? on: June 05, 2018, 04:23:38 AM
As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

Just to add, you might want to consider that current events in the world play a huge role in predicting the price of cryptocurrencies. If a hegemonic country announced that they will be accepting/prohibiting the utilization of cryptocurrencies, expect prices in the market to either increase/decrease depending on the magnitude of the news. Generally when countries announce that they will be imposing tax regulations into cryptocurrencies, price decrease follow afterwards. Take that as an opportunity to gain more if you are aiming for long-term investments.

Personally, the prices of cryptocurrencies are volatile in nature due to being decentralized and free from any government regulation. Though it may be relative depending on the country, most investors utilize cryptocurrencies as an avenue for short to mid-term investments depending on their goals. It depends on your preference on what aspect you want to focus on.
5012  Economy / Gambling discussion / Re: How important is customer support of an online casino for you ? on: June 05, 2018, 01:40:35 AM
Definitely important and paramount to the future of an online gambling casinos. Most problems that people encounter revolves around the delay of payments, technical support, bugs and lags from the system, and other related mechanics that may make or break the business. Having a live chat significantly makes the online gambling casino a trusted website that focuses primarily on its customers rather than profit.

Afaik sometimes not having live customer support shows that the system in place is working perfectly and is less likely to break,

which is why live customer support isn't a priority! Should I need help, emails should be attended to in the shortest possible time but if there is a good number of people running into problems frequently online support is needed

Online gambling casinos should always have a margin of error, regardless on how perfect the system is. Not to mention, if there exist such a system then people would not complain or address their issues here. Assuming that there exist a system, it should always consider that providing a live chat makes the solving the problem easier and less-complicated. Once you are in that situation wherein some bugs happen, then your only remedy is either to wait or to consult through a live-chat- which I think would be the obvious choice.
5013  Economy / Speculation / Re: Remember, Bitcoin is the best Cryptocurrency to Hodl. on: June 04, 2018, 11:31:11 PM
At a time when the price of cryptocurrencies fluctuate sharply at any sign of not too good news, do not press the panic red button on your Bitcoin.
Remember the Pizza guy!
In Bitcoin I trust, come Bull or Bear.

The term 'best cryptocurrency' is highly subjective since many investors have their preference on what coin they invest in. But in terms of price, bitcoin may be regarded as the most volatile compared to others- meaning, investors have the choice whether to invest it for short or long-term perspective. Personally, to maximize my investments, I avoid focusing into one coin since I diversify my investments by acquiring multiple cryptocurrencies at once.

Yes bitcoin is all the time best Cryptocurrency to hold. Because bitcoin is good for both long term and short term. Now the price of bitcoin is not stable, it faces so much of dumps. Hope hereafter it will not happen, the price becomes starts to increase. Many people are now interested in bitcoin and ready to invest. This makes bitcoin future bright. So hold the bitcoin for future surely it will give more profit.

The best thing about bitcoin is that you have the option to whether invest it for short or long-term depending on your financial needs. The price might be stable but compared to other cryptocurrencies, it has the highest volatility- meaning, it can be a double-edged sword against investors. For us to maximize on our investments, we have the burden to observe the market and withdraw it at the right time.
5014  Bitcoin / Press / Re: [2018-03-06] South Africans Instructed to Pay Tax on Bitcoin on: June 04, 2018, 02:44:03 PM
The government of Africa has the sole prerogative of implementing laws in relevance with taxation into cryptocurrencies. Although different countries may have unique laws to cryptocurrencies, taxing something that generates income to individuals should be a mandatory. This is to be expected as bitcoin has already served as a gateway into earning alternative income. In the following years, I guess that countries may soon start to tax income generated from cryptocurrencies, even if it is not subject to legal tender. Due to this regulation, expect prices to decrease at some point in the market.

In my country, cryptocurrencies, and bitcoin usage are allowed and we have Bitcoin ATMs here...and even if we convert Bitcoins to fiat, however big it would be the government don't tax it... more so to retired individuals.
So let's say you buy Bitcoin at $7000 to later on sell it for fiat at $10,000, you don't have to pay one single penny in tax? I highly doubt that.

I can spend my Bitcoins in order to get rid of my tax liabilities (as long as it is before every first of January), and it's all legal, but that doesn't apply to anything related to fiat. As soon as you start dealing with fiat, you are subject to a whole variety of regulations that only work out in your disadvantage. I find it hard to believe that there is a government not taxing Bitcoin in that way, especially when you sell for a higher price.

You have to report ALL income to the tax man!
You heard that peeps, feed the elite!

I guess we live in the same country as our government stated that bitcoin is not to be subject of legal tender. Fortunately, we have a wallet provider that lets convert our bitcoin to fiat through an ATM and we can withdraw our converted resource without paying any tax. Our central bank issued a statement regarding cryptocurrencies since they view it as something that is not a threat YET but they are considering in implementing laws in the future regarding its taxation. Maybe because that only a relatively small number of individuals are using bitcoin in our country- which is why they choose to ignore it.
5015  Economy / Speculation / Re: Those who sold bitcoin are in for a big loss on: June 04, 2018, 09:17:19 AM
Bitcoins selling ls a art people should be really careful when they sell cause in the long term it always rises. People should understand to sell at a highest peak 20k and buy at low prices like now. From what I see people sell now and selling at low price is not a smart idea. I always advocate the idea to hold the coin so one can make more money in the long run.
It's a game where patient person will win in the long run, short traders will enjoy it for a while but for sure they will regret when the market start to boom again, this business are always open its door to us, we just needed to open our minds widely and begin to think about the future, think that last end of the year bitcoin value already rise up to $20k so we will expect same thing will happen in the near future just relaxed and enjoy each time you able to buy cheaper coins inside the market.

Selling your bitcoins heavily depend on the decision of an individual financially. The high-volatility of its price makes it a perfect investment mechanism whether for short or for long-term perspective but most investors tend to incline towards the short to mid-term investment. The best way in order to maximize your profit is to diversify your investments by acquiring different cryptocurrencies at once or by maximizing different investment tools present.
Personally, I only sell my bitcoins for a price lower from what I acquired them initially.

Dont sold low, hold and sell high. If u will wait 5 years, you will, but dont sold in low.

This may be the ideal advice to all investors but this may differ upon the situation of an individual. It may sound easy but once you are actually partaking in the game, there is this tendency that you might want to cash them out once the price lowers.
Some investors that I know tend to withdraw their bitcoins at the middle of their investment since they lacked the necessary funds for their obligations.
5016  Bitcoin / Bitcoin Discussion / Re: Bitcoin will get legitimacy in all countries? on: June 04, 2018, 05:16:16 AM
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?

In order for a country to accumulate inflation, the damage economically must be in large scale. Many individuals are unaware of cryptocurrencies and the money supply being used to utilize such is relatively smaller compared to fiat. For inflation to cause, the money supply in the market must be high and the demand for it must be low. That is when the increase on the price of general goods occur. But in the case for cryptocurrencies, some countries even ban the utilization of such and only a relatively small number of people know its processes and methods.

Yes,I think so Bitcoin will get legitimacy in all country because It's price day by day hight increase coin market.Those are popular crypto currency.It's the most people used from the life developing. It's crypto currency world wide.It's earning bitcoin from normally add wallet.It's price day by day hight valuable Currency.So I there for it's legality for all countries.

Having a high price in the market does not constitute with it being legal. Although some governments prohibit the use of such, it provided various job opportunities for people, not to mention its volatile price makes it a perfect investment tool for short-term perspective. The legalization of cryptocurrencies would happen if the government were to regulate its transactions in the future.
5017  Economy / Gambling discussion / Re: Fair online casino? on: June 03, 2018, 08:28:55 PM
what makes you trust an online casino?
 Huh Huh

There are a lot of factors you need to consider when betting into online casinos. First, it is your obligation to research about the websites that offer online gambling. Second, you must look into reviews and actual discussions about the said website; and third, you must try it out for yourself! Fortunately, the forum has a specific section for gambling discussions and a lot of users have already shared their experiences with websites if you browse them here.
Websites such as FortuneJack, Bitsler, etc. have already been in operation for a long-time and that is also one of the factors that you should look into.

That's the thing about most online casinos, you don't actually need to trust them, because;

1. They're provably fair, so you can check how the result was generated. Gone are the days of games being rigged!
2. They operate using trustless smart contracts, so the casino simply cannot screw you, even if they wanted to.
There are many sites which provide online jobs but they actually do not pay to their users. They are scams and this is the reason that most people do not believe in online casinos. You will lose all your money of you join these sites and will never pay you if you win the bet. It is better to leave such sites to save your money. If you win they will not pay you.


Well gambling is already a risk and looking for an online gambling site adds up to the risk, although they may be different in nature. Many users have already discussed here under this SPECIFIC section about famous gambling sites and their experience with it. Though some may be bias due to their negative experience, you must be objective than subjective into reviewing those reviews.
5018  Economy / Trading Discussion / Re: How Do You Secure Your profits? on: June 03, 2018, 01:40:01 PM
If the coin I am holding increase in value, I lock the profit I gain and convert it into a stable currency like usdt. When I piled up and reaches a desired amount, I convert to fiate and buy a bank investment
I believe in this thing that securing your profit is far more important thing to do than that of earning that profit. If you will not be able to utilize that profit at a better place, then there will be nothing good which you will be able to make us from that profit. It is better to invest that profit into any of the crypto currency again as this will increase the amount of money which are earning from that investment.
I think your last statement will not work 100% mate, how means suppose if you invest your profit in other altcoins and that coin price drops after you investing and it stable for a long time then you can't do anything you will lose your profit. better try to cash your profit instead of putting that money in other altcoins.

A decrease on the price of altcoins usually open an opportunity for investors to acquire more for short or long-term perspective. In general, cryptocurrencies have a high-volatile price, meaning it can be a double-edged sword when you acquire more but this depends upon your decision if you want to risk it. Typically, I treat market dumps as a gateway to acquire more but I have the burden of observing the market and researching to avoid any loss from incurring.

Well, whenever I have earned 50%, I will withdraw 25% of my profit. That is my way to secure my profit. And I will use that funds to invest in other places, such as gold, bitcoin or real estate which are more safer. You can follow my way if you want to.

My method involves not selling any of my coins lower to the price I acquired them. I diversify my investments and also acquire most of them whenever their price decreases in the market. Most of my coins are primarily for long-term investments but when it involves around ETH or BTC, I usually withdraw them around 2-4 weeks depending on the volatility on the price.
5019  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: June 02, 2018, 09:10:45 PM
Gambling is an uncertain game and we just rely on luck. I do not think mathematics would matter in the gambling game. Whatever we do like doing calculations then it will not have a significant impact. Mathematics will not mean in gambling and gambling does not require math to be able to achieve victory. Only luck can change everything. So multiply prayer than you should think to calculate what you want to get.

I definitely agree. Even though Mathematics may derive you solutions or percentages between your games, gambling revolves around LUCK. Even if the odds are always with you, there will come a time that it will be against you. Percentages will only tell you the probability of winning and the chances of you having the highest percentage of winning but when the game involves luck then you have no choice but to hope and pray. I am not invalidating that Math cannot help you but it may serve as a guide towards your decisions.

I really don’t think so.. I can say that because I am really very good in maths but has never been good in gambling...even I started to become worse in it.. I think the most important thing in gambling is self control and patience..maths can’t help you

It may be irrelevant but it has its purpose in terms of determining the probability and the chances of you winning. But even if you have determined that the decision has the highest chances of winning, if the odds are against you then you'll lose eventually. The risks that you have to consider cannot quantify it on Math as gambling involves primarily on LUCK.
5020  Economy / Economics / Re: Reason we pay taxes and why we should on: June 02, 2018, 07:24:11 PM
...If everyone went ahead to do things personally then there won't be any scope of a systemized channel and possibilities of having endless problems won't be able to be ruled out ...

You make it seem like nothing great can be accomplished without government, but the reality is that most of what humanity has accomplished has been outside of the control of government, and much of the accomplishment has been done in spite of government.

It is not as if things can't be done without government but we know it is not really possible to get people together in one accord without one form organization. The organization that will be respected to carry out functions to that group. I'm saying that this is the role that "government" perform and this why taxes are levied to get the roles performed.

The government was mandated in order to protect the general public and welfare of its citizens. Aside from protection, the government's role include developing infrastructures for the country, implementing rules and regulations, imposing tax for its expenditures and maintaining education as its top of its priority. Tax is a system wherein it is enforced upon the general public as a pecuniary contribution for government needs.

Although some countries have their negative experiences with the government, that issue must be set aside as it is irrelevant from the discussion. Whether we like it or not, we still need to be diligent into paying taxes.

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