Their countries , their laws. It really depends on your definition for not supported too . If we speak about banning then as far as I know I don't think there is a country that actually banned bitcoin , at least nothing official and If there is then Its related to the banking system with one way or another . If its about the lack of usability in ATMs , local shops then there are plenty of countries and It takes time as some countries have more priorities .
Some countries are not supported Bitcoin because in Bitcoin system, many banking system hampers by Bitcoin online business. Bank didn't get any interest or tax through Bitcoin. The government does not get any tax from Bitcoin. So that many countries are not supported it. In contradict with statement above that there is no country actually ban bitcoin. But actually they exist like China, Taiwan, Russia, Germany, Bolivia are the few list of countries that prohibit the use of bitcoin for public. One of the most common reason is the the threat of one's central bank and to avoid any illegalities and abusive use of virtual currency. |
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nothing and nobody can destroy bitcoin. he is the clock father of all cryptos
Actually bitcoin network is has no data center so it is hard to attact bitcoin network. No one can destroy bitcoin except God, many people said that bitcoin will die if there is no internet connection, but who want to make the internet dissapear, I think most of people doens't want to do that. Probably because bitcoin is a decentralized system then it is hard to make it down in terms of online security, but unfortunately even what secure it is then there are still possible points that can make it down, like those other coin who are next in line of it that can overtake the value and make it obsolete and then the threat from government that if they want to legally ban bitcoin, i think they can really do that. |
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I gamble most of the time when I am alone.
Me too but not when I am sad or angry or whatever else you mentioned because we won't have control on what we are doing and it may lead to serious loss and hence resulting in more grief. If you just gamble for fun and doesn't care about profits then yeah you can gamble at any emotional situation otherwise you shouldn't. Yes. because i am not playing gambling just because i after come the profits of winning, i always played it for fun and pastimes to relieve stress and so with the same folks to escape from boredom. As for me if we believe it or not, playing gambling is the best time passer you can't notice that the time goes fast since it keeps one's mind busy. |
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The word cash comes in mind its full of risk you cant carry cash easily from one place to another may b it robbed or lost so bit coin safe you from all these kind of risks and make easiness for you.it is expected that in future cash will be took place by bitcoin most developed countries central banks threat by bitcoin and thinking to buy bit coin secure the economy of the country.
Many bitcoin earners hold their bitcoin instead of converting it all to cash because of the abrupt rising of bitcoin value. And for that reason they hold their bitcoin to gain more profit soon, bitcoin value is oscillating and its favor in rising then it is a good sign for the future of that crypto currency, as many bitcoin earners hopes that years later the value of bitcoin will double its value for the coming years. |
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I only encouraged one people so far to invest in bitcoin and he is my best friend. I only encourage the one i'm really close with because there's money involved. I told him that bitcoin is a very good investment and explained to him about bitcoin. He trust me and invested some of his money. Now his investment already tripled and he's very happy.
I always don't want somebody to feel regrets later because of me, that is why i will never encourage them in anything regarding investment but rather introduce them of what is bitcoin and how can it helps us in terms of financial assistance, then it is all up to them of what is their decision for i am always here to guide them as they start to dig in crypto world. |
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I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on. Yes, the best thing to do is to calm down so that you can relax your mind and can think again what should right to do to get back win your all losses from gambling. If you don't set yourself to be calm down you will loss your focus and you will out of control and the result is got much worst from losing. Right. Letting yourself be too affected with the current happenings exposes you to a lot of wrong decisions. There will be a lot of times when you can try and win back ypur losses so don't force yourself to do it while emotions are still high. It's always better to make decisions with a clear mind This is probably the best way indeed when you actually face a loss in gambling. To try to recover your losses instantly is something that would not be fruitful at all. Initially you face some kind of mental stress and the most important thing at that time is to come yourself instead of planning out a scheme for winning back your losses. Just give yourself some time and probably you will be lucky enough to some other time to regain what you have lost along with some profits as well. Lol you have to be smart about what you do when you lose because that's when you're most likely to commit stupid mistakes. Hopefully these tips will be a good help to anyone who experiences big losses as they're right that the best thing to do would be to stay away for a.time to regain composure Well if everyone will listen to all of the statements here in the forum I think no one will end up broke but then again everything is up to the person in the end of the day. For gambling addicts it would be hard for them to follow their instinct not to gamble anymore because there is always the urge of playing all the time. It is always a gamblers instinct to win back what we have lost in gambling, but i think it is not a good practice or idea to keep that mindset because it only give us misfortune of betting, there is a tendency that we will lost more our control and strategy to win the game. So be patience accept what you have lost and take it as you play for fun then set back and relax then tomorrow is another good day to play. |
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of course, bitcoin is their field to launder their corrupt money, here are many opportunities but that need to be noticed bitcoin has a weak side everyone can use without being traced at all, this is what makes bitcoin banned in some countries.
Yes there is a big possibility that a bitcoin can be used for corruption because corruption is everywhere. Bitcoin as a virtual currency and a decentralized system makes it vulnerable to corruption. For example to make this sense! i corrupt a huge money in a government or in a company where i have work then i don't want to have a trace because it will contradict against my assets and liability, so what will i am going to do is to invest it all with the bitcoins. Then it is already hard to trace since i was transacted it in a decentralized system and it is already considered as anonymous transaction. |
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it is never too late to try, because bitcoin prices are much higher than previous prices. better to invest in bitcoin because the price can be multiplied from the previous price. it is very beneficial to join bitcoin
Its never too late for everyone to get involve in bitcoin, because its a very good source of additional income by means of participating in any bounty campaign. Besides don't be hesitant to buy bitcoin if you want to invest on bitcoin because needless to say that it will not profit anymore since there was still big possibility that years later it will double its current value. Bitcoins is now the most popular virtual currency around the world, so be a part of it and you will see the difference and the changes that bitcoin coin brought to your life. |
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I don't have any story to tell but based on my knowledge gambling most of the brings you loss instead profits. So as long as you avoid gambling then your safe.
Gambling is not wrong as long as you still have the control on it, and your intention is to gain more fun rather than profit, what went wrong in gambling is that when you let gambling controls you because this will leads you to do miserable betting and always after come to win. |
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Im playing bustabit with some altcoins, wich they offer free of the coin to gamble, i do remember had reached a nice ammount, but well looks like im not able to control myself, i were gamble and i let into one goal, next day i reached the other, and i tryed two more times, the funny thing is if i lost 100 i make the bet bigger soo i take less risk, but well its the seventh time i do reach some balance and end loosing all, i need to change my goal and focus into small steps instead try to jump all in.
you might start to gamble with the free money provided there but still i'm sure sooner or later you would think to gamble with your own funds , that's the part of marketing strategy on how to make people interested and addicted later on. at that point i can't see any chance for anyone to stop it easily. That's very good idea to start with little and free money and yes sooner or later it becomes really addicting. As for me if i will always put a limit of what is only i can afford to loss and or if i think the situation is not good that there is already no chance of winning, then that is the time i will need to stop betting and better luck next time and observed the situation again. |
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Depend on the current world technology. I think the money is not extinction, internet based coins will be in the market as well as Bitcoin and other coins. However, how long it will stay will not be on the demand of the people.
I think there is a big possibility in the near future that paper money will vanish, as we can see the trends of monetary circulation now a days that almost half of the worlds population are using electronics card to pay bills, buy goods and services and that is because of internet that are connecting around the globe. In my point of view that electronics card is using a single chips that contain all the records, transaction and money balances of every holder so as the world is fully enters to a new era then i think cards are not used anymore because it is prone to loss and the best way is to implant the chips on every individual upon its birth and the chips will be loaded all the identity of the bearer included all its assets, then the paper money will be slowly forgotten and no more value. |
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Never. Because bitcoin has become an investment choice for many people. So it's very difficult to die bitcoin even become more popular and big later.
Yes, it is difficult to die because more and more people around the world are coming in for bitcoin like investors, traders and workers to earn on it. The fluctuation value of bitcoins is the most significant figure that denotes for the bitcoin is not dead and it is always keep on ticking. |
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In the past i also is like that, I know if trading is the best and safest way to double the money, but the knowledge I have about trading is still very minimal, so I decided to continue to gamble. But after I was frustrated because it had swallowed a lot of losses, and then in slowly I can reduce my efforts to gamble and start trading also with slowly as well. Now I'm not dependent on gambling, I can trade patiently to get a good profit.
It is good to know that you at least consider trading a better option than gambling and this is the reality also.A trader can make good profits by using his skills and improving it with time while a gambler has no such option. Trading is a lot better field than gambling. It is not very difficult also. If you will try out this with small amount, you will grasp the idea very quickly. It is all about patience and making right decision at right time. Yeah,trading is the better option because we can earn money in trading using our skills but in gambling only luck decide win and loss.So its better to understand that gambling is not a way to earn money.So you can start trading with the investment,initially try to do small trades with small profits once you become an expert then you can enjoy more profits.But being a succesful trader need good skills so you need to improve your skills for more successful in the trading sector. Well that's not going to be easy especially for people who enjoy gambling. Trading may prove to be a bit boring and doesn't attract that much interest unless you're already into it. The transition betweem gambling to trading would be the hardest part of it. If a person can successfully transfer interest between gambling to trading, then good for him If you enjoy gambling then probably you won't quit it. Maybe add trading as one of your assets to bring you more possible income if you have made the right decisions and right strategies. I hope that he or she could balance it. With the right amount of gambling and trading side by side. Absolutely true that quitting on gambling is not easy, much more if already addicted on it. Maybe the best thing to do in order to lose interest in gambling and can have time to start trading is to find another pastimes and leisure to slowly forget gambling such as participating in bounty campaign and practice more on trading to acquire more skills and tactics to have profitable trading. |
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Many of secure wallet guarantees that you can withdraw your btc into cash. You need to read it, and finally you can deciede whether is good or not for you. Maybe the point is how much fee they take from you also how fast it transferred to your bank account. CMIIW  Yes exactly, others are using coin wallet from where they can transfer or convert it into their actual currency and after the conversion is done then that is the time to cash out your fund, it can be in bank transfer or directly to your card like debit card but of course you need to open first your debit card account in any bank that is acceptable from your coin wallet. |
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**Successfully joined DITCOIN Signature Campaign**
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I would say that it would be best to let your bitcoin grow. Especially nowadays, I noticed that there were few people doing bitcoins. Like for example, my colleagues, aside from doing our full time job, they're investing in doing bitcoins and trading. Based on my opinion, people is just now adapting the importance of earning in bitcoin and exploring it just right now, like in what other ways they can earn more. So, since it was just recognized by individual lately, I think it's better to continue joining campaigns and other projects to earn more bitcoin until the right time comes with the right value or price of bitcoin then I can decide whether to keep it or sell it.
What do you mean to let bitcoin grow? Bitcoin price will surely growing but if you do not invest on anything how can you grow your money? You should put some money into this to make this happens. Are you joking when you said this? There is a lot of bitcoin players nowadays and that can be seen through the market price which is keep on growing Well, i think there is some ways in order to became rich through a world wide currencies. First thing you have to considered is you must be a hard working in your job especially to earn more money, and the second one is join on a campaign signature, do something great, you must be active during the campaign period in order to have more salary. As a whole through bitcoin you can change your life status. Yes maybe joining signature campaign is the best way but it is not easy to do that because it needs a higher rank to have a good outcome. And speaking of buying bitcoin this year maybe it is good for the next coming year and expecting that bitcoin will grow higher value but it takes time because your investment will take years to be profitable. |
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I do not gamble to much but it always seems that when I do, I take the loss big time. For example, I have lost over 3 BTC in the BustaBit game online. It is fun and I like to play but I always get greedy with it. I have won about 2.2 BTC back, but I lost more than what I have won. For some odd reason, I keep coming back over and over. I do not know why I do it, why do you?
The thing is when we lose we always say that it would be the last, we swear to never come back again. However, there is this hope in our mind that is saying tomorrow is another day. We hope and we fill ourselves with thoughts of luck believing that maybe this time we will win it. That's right because it's the person who lost the gamble and want to go on before the money back. and most so if people like to play gambling. that person will be curious with the gamble and still have another hope that he can make win from the games. and no matter how hard he try, he always come back to test his luck and if he don't realize this, then it is hard to stop his pleasure to playing gambling. and i think maybe he can get winning but after he losing for several round but he's chance to recover his money can not be reach with easy. a feeling to want have an instant cash makes people gamble , a feeling to never feel satisfied makes people come back again to gamble even though they have lost a lot of money , and then they are get addicted , no wonder. sometimes you don't even need a reason to comeback , just do it . For me, addiction in a gamble is the big reason why somes gambler people keep coming back. Because of their eager to win or much more of that, they are not satisfied even if they get pay back their profits from losing. And Every individual has their way in treating gambling, rich people do gamble but they do not usually aim for the profit anymore. Since they already have enough money, rather they spend and get the entertainment value of their money. Greed and loses are the main reason why people keeps coming back. Greed, because eventhough they have won already, they are still not contented with it and even wants more. But when their luck run out, they think that they need to comeback again and recover. So they have started on becoming addicted. While when you lost, you want to come back as well and recover and we all know that it won't happened very often because eventually you will lose in the end. Also this may result from someone being addicted chasing his loses. I think i will not agree if we say because of greed, in loses maybe. As for me i believe that gamblers keep on coming back because of the fun, leisure and excitement for every game and the heartfelt nervous breaking due to the thrill of every game because the fact of every game has always involve money that is the main factor why it stimulates gamblers to feel thrilling. |
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'offered' them?
I suspect most of us were in a position to buy or mine at some point. With a bit of effort anyone around could have mined 100's. I thought it was just a fad so never got involved.
There you go.
Mining for small timers was always more expensive than buying the coins from the market. I still remember the case in 2012 and early 2013, when the coins were available for less than $10 from the exchanges. At the same time, the cost of mining rigs (BFL, Bitmain.etc) was insanely expensive, and they had a positive ROI only after 5-6 years. Yes i agree on that, bitcoin mining needs a lot of capital for hardware and software but the return of the investment is long time so much better to earn bitcoin through participating bounty campaigns and do strategic trading. I think that sounds good for the bitcoin beginners, it is really true that bitcoin makes us millionare but it is not as easy to get as what we think for all the competency now a days we can only get smaller part of it but depends of how dedicated and skillful you are in terms of online earnings for bitcoin. |
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If desired, the government could destroy Bitcoin. However, they can not ban people from using it because all account information is untrue and they will not be able to investigate the account holder. They can only adjust Bitcoin and make it more user-friendly, since they will give up Bitcoin.
Maybe Yes, a government can totally ban bitcoin if they really want to, because most of all the bitcoin is a electronics money if the government prohibit for all legal establishment that are accepting bitcoin and i think they will all follow for the benefits of their business and as a crypto currency it means all transaction is done through internet then they can ban all address that are having bitcoin involvement. |
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