Lets say the bitcoin will reach 10K, then you sell your Bitcoins and you have done a pretty nice profit.
Let's assume someone have exchanged 1000 usd fiat to btc and placed bet and got 0.60 BTC. After holding this for couple of months, BTC crashed to $800. What will be the profit? When you are comparing some pros of a system, always think about the cons too. Otherwise, you will default on your system. A sensible trader never thinks in this way. You can either calculate your profit in terms of bitcoin or in terms of dollars. The best approach is that if you are betting with dollar, your target should be to increase your dollars and if you are gambling with bitcoins, the target should be to increase the satoshi and do not care for the dollar value. |
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I get now the point of big gamblers, like me i'm not that into big stakes, and just this morning i placed bets on both side of the team not really thinking i just rely on the odds and the teams, i both placed bets on max stakes. just to know what it feels like to really gamble, i think that the point of gambling is to be ready if you'll lose or win, bacause it's gambling everybody wins everybody loses.
What is the point to bet on both teams? I mean you are losing with that in any result. You can only win if you do it in different betting websites where there is a variation of odds and probably you can arbitrage and make a profit. Apart from that, when you stake your bets a lot indeed you have a feeling of a big gambler and you can feel the stress and excitement at the same time. What if we put a bet on one team with more money as compare to bet on the other team with less amount of money ? Also the bets are not 100% or 50%, they vary for each team. If one is sensible enough to figure out calculations, maybe there is a way where the loss is impossible when we put bet on both sides. However the profit percentage will be very low in any case. |
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All those KYC papers are most likely from some of all the free ETH based airdrop coins, people have submitted KYC to get, most of those scam airdrops didn’t even happened, but suspect people have guarded ten of thousand of KYC from airdrop bounty hunters.
I guess some people have re used the same picture the used when they got approved at their exchanges. And those few pictures are now being used to sell the KYC database as an exchange hack.
Well KYC documents can be used for very wrong purposes or if I say, they can be used for criminal purposes. That's why I do not give my KYC to ordinary ICO sites as I have no grantee that they will not mis use it. On the other hand, it is the responsibility of the exchanges to keep our KYC documents safe as it contains very sensitive information about the users. |
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Hopefully this year would be a gteat year for bitcoin. All users are waiting for that to happen.
I think many people are hoping that they will see bull run this year, just like we saw bull run in 2017. I think this is too much expectation from bitcoin as this year the price will more probably move sideways and by the end of this year we may see slight more increase in bitcoin volume and price. If bitcoin prices moves slowly up, it will be good for bitcoin adoption. |
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Even KYC and AML can be faked by the hackers, because when they can hack the exchange what is the big deal in faking the documents and create a new account in exchanges and then hack it. So in real their is no big security which cannot be defended. It will take time to hack the exchange but it can be done. That is why it is not good to keep your coins in exchange if you are not trading daily. Even then you are insecure in any way. Although hackers are very much active these days, yet we cannot just say that our funds in exchanges are not save because hacker have many techniques to hijack the exchanges system. It is also the responsibility of the exchanges to spend some good amount of funds to secure their system from hackers. |
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First you make a question about your doubts about investing in bitcoin in a bitcoin forum where the majority of everyone in this forum will give you the answer to keep investing in bitcoin. The crash that comes to us is not an obstacle to doubting the future of bitcoin, I don't think as much as the price drops, they will still be here.
Second, when you want to start an investment you should try to find out more about the place of investment, don't just judge when the crash comes. The function of bitcoin in the future is the response of every government in the future you should consider that. This problem you must consider carefully, don't listen to other people who say investing in bitcoin must be with money that you can volunteer, that's the first biggest mistake.
The investment made by people will be more stronger than before otherwise the value will not be increased at any period of time so it needs long term investment will be the right Idea and it is the right way to develop the cryptocurrency more faster too. Things are quite different in 2019. There is no sign of big pump in bitcoin and there is no attraction of buying bitcoins and getting quick profit. Bitcoin has a history and strong future ahead. Those who will invest now will be the real investors who will hold bitcoins for long term. I do not think short term investments are fruitful in any way these days. |
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With the technology changes, people are getting decentralized and they are leaving all the traditional ways of living. Before the era of smartphone, everyone used to have a good camera but now, no one is more interested other than the one who is producing video or in some rare case people with interest. That's how the world works.
We already left the traditional ways of living, who would like to hunt and eat what they get? I know there are some people that would do that but now, it is different. Also, how can you say that we have a good camera? What is happening is not a bad thing but a development. We have the camera and the smartphone, it is efficiency, and that is technology for you. If you will not be using them, or even know them, you will be left out. That is the same with gambling, with a lot of sites using auto and manual bets, it is easier for people that is doing their jobs to gamble their money while they are away. If you consider from the past, the things has changed considerably in the gambling field too. Apart from the online availability, There are a lot of auto bots which may help you in gambling. Although I am not so fond of auto bots but still this feature is new and was not available when gambling was only limited to physical casinos. |
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Gambling has many damaging consequences. It can affect the economy of the country by increasing the rate of unemployment, forced selling of homes, and increased consumption of alcohol and drug addiction. It has many social consequences too. The children of the addicted and poor gamblers do not get the proper nurturing they should be getting. They are often abused physically and mentally by the addicted parent. The gamblers also experience emotional and physical abandonment.
Gambling released to make the depraved generation of young people. They think money is easy to earn without working, only betting and play gambling. That makes the ratio of unemployment and homeless rising higher and higher in the future. So that I think gambling must have to control by government or ban to avoid the recession of young people. If they think money making through gambling is easy then they never going to make their life better through gambling,so they need to take of their future.As a government they only look for the revenue from the gambling places so having restrictions from them will not going to happen. All these things are right but we need money to do each and everything in our life that's why gambling is more popular in all the situation weather you had no money or if you had a lot of money the results of birth was the same if you play gambling then you can not get huge profit it will give only last in the end Its this feeling of getting rich quickly which bring many people to gambling. No other work or game can make you quick rich as gambling can do it for you. But we should also understand the consequences of other side too. It can also make you poor as quickly as no other work can make your poor. So we need to understand both sides before we declare gambling is good or bad. |
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I disagreed with the OP on longer you play poker the better you become, but will state categorically that poker is better when you study the players before taken the move to practice(play). It took me time to study the game of poker before i started playing it on a ground star and on a better note.
Poker is also a sort of luck game although there is some knowledge also required, unlike dice games which are 100% luck based. Studing the players will also not help much as the players may change thier tactics. You should come up with your own stragegy which may help you in winnig poker. |
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"Control" is always been the key for these things to be effective.These are just basic rules on gambling specially on using your extra money that you can afford to lose.
Set asiding funds when you do gambling is nearly an impossible thing for most players because those funds will eventually be used once again if you aren't lucky on your bets.
One things for sure where you would lost is all in the end.
Whatever strategy you follow, Control on our self is the basic thing which we need to follow the most. If you have no control on yourself then for sure no techigune or stargey will work in gamnling. Should have control over greediness and you have won half of the game. |
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Kindly share your experience if you ever being faced situation where either you where not allowed to enter the casinos due to either improper attire, age verification issue etc. Also anytime till now have you being removed from the casinos? It could be due to any of reasons e.g - Misbehaving or fighting, getting high and creating ruckus, caught cheating etc.
Share your true experience if you ever had to face any such situations or related to it any incident that occurred with you.
I was travelling abroad and happen to visit casinos but i was in flip flops and as per the rules a proper attire was must. I was not being allowed inspite of me explaining I cam from abroad and will be leaving tonight and was not aware of such policy etc. But they where strict with the rules and I had to return back form their.
I am not totally negligence to the rules and regulations on a gambling site so I have never been removed or stopped. It is just a matter of being a responsible gambler to be able to maintain your reputation in a gambling site or a casino. Indeed it is but we know how different people behave differently under same situation so this leads to them to be thrown out of the casinos due to their negligence, or when they are high, misbehaving, not following rules or trying to cheat etc which leads to them to be thrown out of the casinos. The point to consider is why people misbehave in casino or why they do not follow the instructions. One of the major reason can be the frustration of losing money which result in such wired behavior of the gambler. Also if you do the same few times, the casino will recognize you and they may not allow you to enter in their casino as they do not want any unnecessary trouble created. |
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There is no good reason why somebody would continue to gamble, but if you enjoy it, why not continue. Someone is enough to continue gambling when considering a large amount of money, about profits.
As far as I know, some people have a reason to continue gambling, and they want to make money from gambling with various games. Some of them can make mone but the other cannot. It's about the luck that comes to every gambler so they can win that game. One of my friends continued gambling in at least once in every 2 or 3 days just to know if on that day he can have a luck to win. And if he cannot win, he will come back in the other day and try with the other game based on the luck. , both are the reasons which make people return to gambling. If a person is wining is gambling, he will come back again and again to play more and win more in gambling. Getting more money is the reason of return to gambling. If a person is losing in gambling, he will still come back to gambling thinking he will cover his loses in his last games. Covering losses and then making money is another reason to return to gambling. |
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I was just thinking how much time people spend on gambling sites on a daily basis? I bounce back and forth between work and household activities, but in my spare time, I like to chill with a beer in hand and doing some casual gambling. I do this while watching TV, so it is part of my entertainment time.  Do you think, time spend on gambling is linked to gambling addiction? Let's discuss this. Edit : If you spend less than 1 hour on gambling, please chose option 1. gambling has just become rampant nowadays, its like every person isnt normal if they are not gambling, but me, im just gambling for quite some time, enough to get a profit for it or if ever losing, im losing for the amount of what can i afford to lose. I mostly gamble any time of the day as i prefer online gambling which is avaible 24/7 and i can do gambling with my ease and comfort. As far as it is concerned on how many hours a day i gamble, it depends on my position on daily basis. If i win first few games them i play for much longer time while if i lost in the begining i quit for the way with a hope to have better luck next day. |
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As a Dhoni fan I slept nicely yesterday  When he missed a couple of chances behind the stumps and that got me worrying . He had a great day today and also thanks to Maxwell for dropping him on the first ball . 87 runs off 114 and he lead the team to win Dhoni is still Dhoni . Congrats to Chahal on an amazing innings . Congrats to Dhoni again for being chosen as Man of the Series. Same here too mate. I am also a fan of Dhoni, because of people's criticism, it was really bad situation in social media. At the end, he is the man of the series with a 3 half centuries at a row. Yesterday, it would become a century though if there was enough run to chase. Congrats MSD. Its always been this way. When a player does well, everyone praises him while everyone hate on the same player if the player performs badly. This logic applies to any sport anywhere around the world. As an MSD fan myself, I never lost confidence that he is done with the game and needs to retire since he clearly lost his form and is slowly regaining it recently in a fabulous manner. This is why I feel he will play a vital role during the upcoming world cup in a few months. Sad , but true. A player can never be all the time in full form and people expectations form their favorite players are way too high. What makes it more worse that a recent bad performance from a player, the fans forgets about his previous good performances and in few worst situations demand resignations from this position in the team. |
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Well, I'm not really sure we can considerate this news source really trusted.
I think they are going to speculate too much on this USA-RUSS thing...
Forget about the truth of the news. Actually markets of crypto moves with the news. In the past I have seen many WRONG negative news which resulted in fud and dump of bitcoin prices. Before the time, the news is validated, the people already dump their coins which is not the right approach though. Now with this positive news , it will be taken as a motivation by the investors and they will surely start buying more bitcoins before bitcoin price rises more. Overall I think we are moving towards positive direction and hope fully this year will be much better than the last year. |
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When people realized that having Bitcoin is simple and secure, they might possibly decide to join in. The better way to make understand it is to give them or let them have a Crypto wallet where it shows the basic feature of Crypto which are open source code, peer to peer transfer, decentralization and user friendly feature. I use Hodler wallet when presenting it to.someone, since it is the only open source multi wallet available and it has easy to handle feature.
I have tried to convince people to use bitcoin and its advantages but believe me it is not easy to change the people conservative minds. They are not willing to accept any change. Also when they see that bitcoin price is above 3000$, they think it is risky to invest in it. Its only people like us who know that this is the lowest price of bitcoin, but generally people do not believe in such new techs. |
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I believe the market will take time because we all know the market continues to be in a bearish trend since the beginning of the previous year but I think in the past few days the market has not dropped too much, this is quite stable now. We must remain positive for the market. Let's see where the market runs in the coming days.
If you have been in the market for last one year, you will realize that you cannot tell any time if the market is stable and will not fall further. Remember, we remain between 6000-7000$ range for four five months, but then instead of rising further we felt down to 3100$. No stability grantee that dump will not come. |
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Fud
Fud
Fud
Fud
Panic sell
Weak hands
Dump
This are the things that affects the price of bitcoin
Yeah all those reasons are enough to make the price fall fuds are the best reasons for price fall. People actually contributed last year for the price fall because they sold so many coins for panic just because few months price was not good so they got frustrated and sell at panic it’s not good at all just keep holding. Well people tend to sell when they see no big progress and overall negativty in the market make them sell in panic. Only those who are real lovers of bitcoin and digitial technology will not sell in such low prices as they know that pateince is the key in crypto and those who hold for more time will be rewarded well. |
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Yes, its worth investing for. They called it bubble but for the past 10years bitcoin are able to survive and keep on making good prices. If you don’t listen to those people who said its bubble last 2014, then you might be living in a much better life now. Now the decision is in your hands, look at the charts, study fundamentally and invest the money you can afford not to use for the next 5years.
For anyone who is new and wants to invest in bitcoins should analysis the past 10 years of bitcoin, its rise and fall. Anything which is now a decade old, and with a good value cannot be a bubble. 2019 is the best time for anyone to enter in the market as the bear phase is ending and Mid 2019 bitcoin will again start moving upwards. Maybe the movement will be more stable and we will not see much pump and dump which is good for accumation. |
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My most unforgettable experience in gambling when i was play card with my co workers during the luch break, it's called pusoy in local games herein my country i lost my 1 week salary quickly at that time i have nothing ideas how to set control.
sometimes experience loss gives a deep memory mark, isnt it ? I also played dice in a gambling site. I have won more than 0.1 btc before but because of the losing streak I started to lose control and used the high amount to bet and in the end I used all in bet and lost. I really remember how sad I was at that time That's happen with everyone. If you have luck, you will win a big amount within a short time but when you will start to lose, you will lose at a row and use big bet. I played teen patti where i had to buy $0.50 per 10 million of coin. I bought 100 million coin and played very well and made almost 800 million in one day. When I start to lose, I start to play blind for getting big stake but eventually I lost everything. That's the problem, that aggressiveness inside you is the one who keeps telling you that you need to recover much quicker, the higher the bets the better results, a normal mindsets when you came from a winning streak then red start to come, even you have a good strategy most of the time you will begin to forget everything and blindly bets with aggressions. Aggressive betting is not always the right strategy. You may win few times due to this, but if you lose, the loss will be much more as in case of normal betting keeping in view the risk involve. Also note that aggressive betting is also due to greediness to become rich quickly which is of course will not happen most of the times. |
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