i agree with your opinion about bitcoin is not gambling. you provide money to buy bitcoin, invest in btc and time. because btc will always rise. just be sure to patiently wait for the rising btc  Yes, but at the beginning what people think is that it's similar to gambling where knowing about bitcoin itself makes us risk without much efforts. Only when they get into it and starts experimenting understands about the true fact and the efforts required to multiply the earnings through bitcoin. |
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There are different ways of token distribution during ICO exist. I suppose there won't be any new way of crowdsale in the near future. It's all about the way of ICO conducting.
Yes, at present all the possibilities were through ico. There won't be any other way to make the ICO distribution. Other than this sometimes the asset directly gets distributed to the exchanges. For this a good funding team is a must. Such kinds of assets were very low in number. |
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Universities are embracing accepting bitcoin for tuition, with Lucerne University of Applied Sciences and Arts in Switzerland the latest school to adopt. If anything, it's another clear sign the cryptocurrency is here to stay. https://futurism.com/schools-accepting-bitcoin-tuition/Even so... Bitcoin has been used to buy homes, and countries like Venezuela and Vietnam are beginning to truly embrace the currency. Now, certain universities are adopting the payment method of bitcoin for tuition, albeit with a few caveats. Wow! This news is awesome! It is only one of the things that shows that Bitcoin is now being embraced by different communities all around the world. People are now slowly adapting and accepting Bitcoin as a part of their lives. I hope that after a few years, schools and universities will include Bitcoin education on their curriculum. Year back itself a school located in India started to accept bitcoin,bit in reality how the service got extended is the one that gives an clear information about the growth. Right now as in the link several institutions accepting bitcoin for tuition is a good good move and this will help in the increased circulation which is required for continued growth. |
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I am from India and I haven't seen any single restaurant in my area that accepts bitcoin as a mode of payment in fact I am sure they must have not even heard about bitcoins yet and there may be some restaurants in metro cities which I am not sure about but in my city it will take long time for bitcoin to arrive and reach to the people.
In my view, restaurants accepting bitcoin is found high on Japan due to the recent legalized adoption. Maybe this could further get implemented in other countries when the user network grows high. Maybe Indian markets could provide such services after a legalized regulation comes to effect. |
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Hi guys,
Just curious.
I bought a little bit a few months ago, for the first time, for the sole reason that I want to invest in Bitcoins, and get a profit after 5 years, maybe 10 years.
So I would not need to check the price everyday, as it is of no use for me. But I do, can't help it!
I am not the only one I guess.
Checking bitcoin price isn't bad, and although if sometimes it stressed you out looking the price fluctuates and changes its current value. That's a normal emotions that you aren't too brave to prevent yourself of thinking about the price,so you really have to check it every time. Even myself as a long term investor did that and were all experiencing that most of the time. But the important thing to do is stay focus and don't be discourage; stay strong with you plans. Though I hold it as an investment to earn big in the future, used to check the price moves regularly. Even a minute ago checked the price and found it to be above $4500, which seems to be a happy news. Keeping track of the price helps us predict the future price. Here emotions should be kept under control, because when the price is found dropping users just tend to sell it out thinking that they might miss the chance of selling high. |
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Looking at the current growth of bitcoin, there is no possibility for a loss in value rather than growth. Fluctuations happen in between when some issue arise or due to the banning coming into effect from countries that have already supporting bitcoin. It's good to invest, profit comes behind.
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When profiting or making money is the focus, without doubt can buy bitcoin and no need to think about the price increase and decrease. Till date one who has invested into bitcoin has got benefited. A small amount is being spend from the income unlike the price variations periodically hoping for a bigger growth of the invested amount.
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for long term purpose, which is better to invest in , Bitcoin or Ethereum ? Lets discuss that ..
For long term investment, ethereum will be a better choice over bitcoin. Bitcoin has already established its value and almost playing between $3,000 and $5,000 in the last few months. That will give trouble to people who would like to buy but doesn't have much money. Ethereum, on the other hand, has cheaper price compared to bitcoin, and is playing between $300 to $450 in the last few months. In fact, it is in its lowest price this week at $294. Another thing is that ethereum price can jump at a snap of a finger (well, this is something figurative). If you are looking for a long-term investment and want to buy coins, ethereum will be the ideal one. As mentioned bitcoin is expensive, which makes ethereum as an easy investment option. The growth with bitcoin happens continued, but with ethereum the growth gets limited to some level and in unexpected time the growth happens in large scale. Based on this it's good to invest into bitcoin for short term profiting and on ethereum expecting profit on long term holding. |
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The perfect time to buy is during the dip of course but if that is far from happening, I think the next best time is now. There are lots of trader that keep on waiting on the dip to buy bitcoin and end up buying higher. We all know that bitcoin have a huge tendency to spike and then goes dip, if you see the sign then another best time is to wait till the hype is gone and FUD fill the air. You can buy cheaper bitcoin durig that time.
As stated by the above mate, the best time to invest into bitcoin is during the days of dip. One who has missed those chances of buying low can consider the current price to be a best price to buy or else can wait to see whether the price gets pumped or just dropping low. In my opinion the price is in a verge to reach the $5000 mark. |
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I see Ethereum being worth close to Bitcoin someday. The technology is used by so many businesses now...
Not entirely right,the price still far below BTC right now even though the market capitalization of ETH is trying to pursue bitcoin. But, the demands of ETH which comes from many ICO will probably make ethereum worth like bitcoin someday, frankly, ETH rarely implemented on many business but oftenly used for crowdfunding or ICO due to its smart contract. Yes, it's not that comparable though ethereum stands next to bitcoin in terms of volume. Right now both has been providing with an increased profiting, which one cannot find in other assets, because with ETH and btc the growth continues even after price fluctuation. With other alts things were different and importantly its good to sell Eth to btc when the etc value is pumping high and btc moving gradual. |
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I think that the worst mistake you can do in gambling is to keep betting after you lost the funds that you planned on risking.
I will give an example: let's say you planned on gambling 100$, and that's all the funds that you could risk losing, after losing it you get mad, and instead of going away with just the lose of 100$(when at the first place you told yourself that it is going to be fine to lose) you are keeping on playing and losing more and more money.
That's the direct way of getting into troubles and in my opinion it's the worst mistake to do on gambling.
I think the worst mistake is the belief that the next bet is going to be a winning bet! That is actually one of the things that gets people hanging on, chasing their loses until they eventually go burst Another is over confidence in some betting strategies, unfortunate, there is hardly any known system or strategy that is able to beat the house at all times and most players are blind to that. As in the above quote, chasing the lost money to get retained and in between borrowing to place bigger bet volumes and losing seems to be a big issue. Another primary issue is the carelessness, because once after betting the user should have an active database about the different ways of making it easier than ever. |
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You also can buy tainted bitcoin (comes from darkweb/illegal usage), but i don't see people sell these coins these days and obviously it's very risky. Find people who don't bother to use exchange also an option, but it's not easy to find this kind of people.
Tainted bitcoin availability might be found, but the same seems to be highly risk involved. At present people or any of the traders won't sell bitcoin below the market value. Maybe the users who are into plans of ending up bitcoin usage could sell it for lesser value than the market. |
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I think in my country no motorcycle dealer / leasing accept credit payments with bitcoin. Maybe in another country someone did that, I do not know that. Or maybe you can ask directly to the motorcycle dealer / leasing in your area whether accepts bitcoin or not, who knows someone who uses and willing to accept credit payments with bitcoin. But so far there are still few who accept credit payments with bitcoin.
Actually, there is still no company that really accept bitcoin for payment due to unpredicted and continual increase or decrease of its value which give possibly negative to merchants. In the field of Motorcycle / Car buying, the bitcoin is not that much popular. One reason can be that since people buy these things physically so they also prefer payment in local currency cash. If loss is the one that's faced by the merchants that accept bitcoin, then now it could have decline in value. Day by day the usage along with market acceptance and merchandisers using bitcoin a payment source has increased tremendously. As a form of lending motorcycle and car loans might be evaluated and provided. This is a unique business try. But it won't profit big until it becomes more popular. Maybe in China or Japan such services will be yielding good. |
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With current situation i am using it for trading and investment. Currently there are no options in my country to pay by using bitcoins. So i am using this for developing myself economically. I used to hold the bitcoin and when the prices are rises i used to sale it to get more profit. I will earn this money to start my own buisness.
At present as a common user of bitcoin, the major usage is on gambling, trading, investment and ICO's. Gambling we risk to earn big, and with trading profiting is possible based on our capital and patience to hold. Investment is done buy and holding, and recently started to invest into ICO's after finding few assets pumping much high after getting listed to exchanges. |
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The reason why i gamble is for fun, because gambling for me is to have some fun and past time when i'm bored, even if i lose then i'm happy. Most people are the reason to gamble is for fun because its exciting. Gambling is for fun but others is want a profit. Because gambling is a popular activity that people want to escape from boredom. Remember gambling is entertainment. I really enjoy gambling but i also want to win and its more enjoyable if you are winning.
This doesn't seems a fair response, because if there is no earning possible with gambling it could have never gained such an increased user base as well it could have not grown as a big industry as it is at the present. Purely the focus is towards profit and at times the expected wins and lucky profiting provides fun. None gets excited or feel fun filled on losing. |
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Yes I think I've learned enough to win most of my bets at sportbetting and poker but with casino I've got no luck so it's depend on you which game you choose to play at.
You won't find any luck with casino because it's based on luck or also on the house edge while in betting you might know what the outcome would be you might be a fan of the game or know someone who provides accurate results in betting. If you know any sport go with betting otherwise only invest in a casino and not gamble Casinos were developed in such a manner to profit the house. So we get decreased chances of winning with casinos with the help of skills. Luck plays an important part in such events. While with sports betting to some extent the knowledge or the data regarding the teams and the players involved into it will help us predict the end result and increase the winning probability. So none seems to be an expert, until he explores and makes himself successful through gambling. It maybe because of luck or skills doesn't matter. |
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Such a plans won't be successful however things go digitalized. The reason is that banks paved path for the financial framework and little by little changes took place. Finally bitcoin with the blockchain technology gave a new definition to the functioning. So banks might adopt the technology, but it never makes the bitcoin over rule as both are mutually important at present.
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If the trend will continue and bitcoin ecosystem will going smooth in the future like no more problems may arise like transaction fee issues, scalabilty, etc and no more bitcoin dramas this price is very possible in the next 5 years or in the next 3 years no can can told if it will really happen but the best thing to do is hodl your btc and save it for the future.
Problems happening with bitcoin is obvious and the growth happening with the network is simply very big compared to several other asset related profiting. Price fluctuation happens, but growth accompanies the loss helping retain in value at the earliest possible. |
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Because that means we are addicted, always lose but still want to gamble. Frequent activities will turn into routine activities as well as gambling.
That's for sure, if we do that it's just a clear way of wasting money and it's not fun anymore when you keep losing. We should not be dictated by our emotion to chase for the loses and be positive in winning although we are not doing well, in that circumstances the best way to do is to quit gambling and look for better alternative that would reward you with the entertainment and money. temptation also is the factor why we keep on playing even that we are always losing, even we are really trying to quit but we got tempted when we feel that we can win the game so instead of staying away we find ourselves better again and that's the real problem we knew that we are risking and wasting our money but we still proceed. When you cannot accept your loses you will still aim to gamble so you can win back your loses, that is not a good attitude because if we always think that way we will be leading ourselves to a much more bigger loses. Gambling does give us a chance to make money but winning all the time is just a dream since the house will not allow to make that happen, they are operating to make income and we are just gambling based on our luck which surely chances are lower than theirs. Winning won't happen all the time. This is the mistake with the users. Every user has a thinking that gambling is simply an easy task where profiting is assured. Here things happen unexpected and users does not have the mind to accept the loss. Based on the fact they try the best possible to retain the loss and this leads to further losses. As in that above quote, the attitude that doesn't have the mind to accept loss is the cause for continued involvement into gambling even after losing. |
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