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5521  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: April 30, 2019, 05:49:12 AM
The rich have better ability to control their gambling orders, and their emotions. Because as you discussed, they know that they only use small part of their balance to bet, so, if they lose with that bet, they won't lose all, hence help them to better control their emotions. For the poor, they mostly gamble to earn money, not for fun, for entertainment like the rich, so when they lose their first bet, their emotions change dramatically. They might go crazy, and then losing more money with their next gambling orders.

Rich or poor, it does not matter. If you get addicted to gambling, you have the tendency to lose control. Why else do you see rich people squandering their wealth to casinos?

The only difference I see is that rich folks got more money to spend in their gambling. They have a thick buffer before their wealth run dry compared to the poor people. But the end is the same if they don't get their acts together.
For me it is true it doesn't matter if you're rich or poor it all depends on how will you handle it.
You should know your limit even rich people could end up broke if they wouldn't control their gambling bets.
Gambling is one of those things that doesn't really care if you are rich or poor at all. If you are rich you can play on 100 btc but you can lose 100 btc or win 100 btc so its the risk you are taking but since you are rich you can take it. If you are poor you can play on 5 satoshi and can win 5 satosi or lose 5 satoshi and you can't complain you are not getting too much winnings since you are not risking too much neither.

So after all, everyone is playing on their own budget and that is why they are all actually playing equally since losing would affect both sides same but winning would affect them the same as well. Dice doesn't care if you are rich or poor or white or black its just dice a simple code and it does what it suppose to do and nothing else.
5522  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: April 29, 2019, 07:27:28 PM
I think it is not just about marketing, I mean if they spend this much money on marketing instead they could get much more people, hell they could spend that 1000 dollars to become trending topic on twitter much faster and stay up a lot longer as well.
Marketing plays at least two important roles: The first one is using funds from companies to promote them via marketing with the final objective is to help the company become more popular, and get  more users/ customers/ income. The second one is earning income from marketing events and later actitivites in order to self grow marketing. Companies don't be able to provide funds for marketing from years to years. Marketing, itself should be self grown via passive income.
Yeah, the promotions are the important particle here as well, they are making a lot of money for sure but with promotions they are dropping their profitability a bit, they could once again use it to gather more people but instead they are marketing themselves to their own customers which is really amazing. None of these promotions are done to get new users, this is purely for people who are already playing here and trying to stop them from getting bored.

You get to try to do something that is crazy difficult to try and challenge yourself with it which really takes up a bit of time but in the end when you reach the goal than you are happy. That type of thing really shows how awesome stake is, they are not thinking "we already have these, lets try to get new people", they are really working to keep current gamblers happy too.
5523  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop badmouthing new projects on: April 28, 2019, 08:24:28 AM
You can't tell people to stop saying what they are seeing or experiencing, I want to own a startup in the future, so bad mouthing existing one shouldn't be something I should do, but I just have to do it because most of the project currently in existence don't really have anything to offer to its investors than just promises that might not be fulfilled once they lay hold of the money, because their mind have always been how to make away with the money and not how to deliver value to their investors, I am saying this because I experienced it too.
5524  Economy / Gambling discussion / Re: Looking for some trusted gambling site. on: April 28, 2019, 07:35:31 AM
I think we are just done with the old ones, we play there all the time anyway and it is getting a bit boring to do the same thing over and over again and we want to check out for new places. Primedice and stake manages this very well by creating promotions that giveaway some money for certain outcomes and all that which makes it sort of like quests on a game and that helps a bit to keep it alive but not many other places does that and even there after you are done with it than you are looking for a new place.

The reality is if we are going to look at 2019 calendar year there is absolutely no new games that will ever rival the big ones out there, none of them are great enough to say they are trustworthy neither, we are still playing on 3+ year places at the least.
5525  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 29 Billion Bets | 112+ BTC Jackpot! on: April 28, 2019, 06:44:31 AM
For example, (just to make it super easy to explain) if bitcoin is 1 dollar than you can have people who bet hundreds even thousands of bitcoins easily but when bitcoin is a million dollars you will see many people bet just 1 satoshi and even play with other coins to wager less money. That is why bitcoin price movements are definitely related to primedice, even if it doesn't change much some people just withdraw their money to see if they can make couple trades and get away from gambling for a while and when it is stagnant again they come back.
People who bet like couple dollars to win thousands of dollars are the real lucky players. We get to see people here who bet like 10 bitcoins to win 10 bitcoins and their winnings are certainly high in return but they also risk way to much for it and we don't know if those people bet before, so maybe a person who bet like 5 times and lost 50 bitcoins just happened to win one and get 10 bitcoins which makes him lose money in total.

However, these people who bet so small and win so high that they must have profited from it, its not a guarantee but it just feels like these people have a higher chance of profiting, people who bet on 390x or 9900x or whatever must have hit it before they lost more money than they won. It just makes you want to go and test out and see if you can win something as well.
5526  Economy / Gambling discussion / Re: Which gambling sites offers investment on: April 27, 2019, 11:11:13 AM
I think the bear or bull doesn't really matter when you invest, this is like buying shares from a company and if the market is doing badly or doing great its the same, you would otherwise hold it in cash and that will lose value as well.

So, think about it if the bitcoin price worth 10 thousand dollars and you invest because you have 10 thousand dollars spare on the side for investment putting it on an investment that will profit you is always the right course of action irrelevant to market going down or up, if it goes up then you have bitcoin that is going up while you are making a profit as well, if it goes down then you have bitcoin losing value but you recovering a bit meanwhile so it works in either direction as long as you can actually spare that money and not cash out.
5527  Economy / Gambling discussion / Re: Does your country knows about cock fighting betting? on: April 26, 2019, 08:23:02 PM
Killing an animal for food purposes can be justified. Because it is natural and we are not going against the nature. But how can you justify forcing animals to fight until their death, just for our entertainment? I am more or less neutral on this, because events such as bull-fighting are integral to some cultures. So it is not right to ban them. But at the same time, my personal opinion is against such sports.

What about circuses? Aren't animals tortured there for entertainment purposes only?

I'm against cruelty towards animals, but I bet those fighting roosters are much happier than the bear riding bicycle in the picture below.

[im g]https://i.imgur.com/Tg3BpPQ.jpg[/img]

No one is forcing those roosters to fight btw, it's in their nature. While in circuses animals are constantly tortured by tamers to perform those funny tricks crowd adores so much.
It is heart wrenching to see such pictures on the screen by the hands of the most civilized and wise specie proudly known as humans. We have laws and regulations that forbid this but I have not seen someone taking a strict action. Maybe this is what will happen to human if AI kept on advancing in the long run for over a century or so. A robot will know that he is a robot and would have the wisdom equal to a Monkey. Think about how one would feel to be played like this at the hands of AI once the intelligence reaches the point of singularity.
5528  Economy / Gambling discussion / Re: Suggest me some gambling site on: April 26, 2019, 07:40:40 PM
With the many gambling sites, the OP is very confused. I am sure what everyone recommends here certainly is not well analyzed by the OP. My advice, if you are confused with a gambling site that is very much certainly looking for information on the internet. Of course there you will get explanations and feedback from other people. If the feedback is good, of course the site is definitely good. The most important thing is what makes you comfortable playing in the gambling site.
And I am wondering how beautifully you are advising one new-comer to choose gambling sites. Brother, don’t you really see the harms and devastating history of gamblers? Why you are just keeping yourself away from reality? Gambling would be killing your finances either you play online or in casino. Don’t you see they get your profits and give you loss and destruction, hope you get it someday.

In my forum life, I have suggested many people to stay away from gambling as you may not know how effectively you may protect yourself from gambling addictions and from other similar gambling consequences. I still gambling as I am having full control on my gambling habit and I am very good on my money management techniques.
5529  Economy / Gambling discussion / Re: Gambling with your Parents on: April 26, 2019, 07:09:16 PM
As parents, we really don't want to see our kids getting involved in gambling. But if our environment tends to lean on to gambling whether as source of income or just to bond with families or just simply to have some fun then it's hard to control what our kids will do in the future.
So it’s obvious from your comment and from others as well that no parent wants to get their kids involved in gambling at any cost. Well, definitely we know gambling can’t be source of entertainment or even no source for bonding of family members. How even a parent can see his kid losing money and getting depressed? We all know the ultimate end result of gambling, ruined life and I believe no parent ever like it.

For me, don't let our kids learn how to gamble, sooner or later when they grow up, there's a big chance that it may lead to something that they are going to regret in the future, imho.
I am also having same mindset. I will never allow my kids involving into hard core gambling as it may spoil their future somehow. Few legendary people already shared here like, life will be better if not getting aware of gambling rather than getting familiar with gambling and then trying to stay away from it.
5530  Economy / Gambling / Re: Stake.com | The Most Popular Bitcoin Casino | V2 & New games out now! 👽 on: April 26, 2019, 05:28:39 PM
I really love the fact that Stake is giving away so much to charity, I don't know how much they are making but I assume 1000 is not that small amount for anyone weekly considering that is 52 thousand dollars per year, they might be making more but even knowing that its still 52 thousand dollars they could have calculated as profit and they are not so kudos to them.

I can see that depending on the charity sometimes the retweet or the likes changes, sometimes people do not like the charities too much and there is like only a few that is retweeted but sometimes it is 10+ retweets which is comparatively speaking a lot more than others (almost triple than the others) so that shows people do care about this charity thing but they just can't find the ones they like sometimes but when they do they retweet. We need to make this into much bigger thing, like 100+ to show everyone what type of amazing work stake is doing.
5531  Economy / Trading Discussion / Re: Which strategy you apply in recent bullish market? on: April 26, 2019, 04:07:33 PM
it's very unfortunate if you sell your assets when bullish has just begun, of course the best strategy is to keep holding back,
and even highly recommended to buy more, collect as much as possible, until you find ATH, and sell right then.
It has been around more than a decade since the crypto market has been full of investors and almost everyone who has studied the crypto market knows that it is just not possible to make money overnight by speculating in any coin. You have to give it some time. One can make some good money in crypto by speculating and holding the coins for over some years and only then a rise in the value could be considerable.

I mean just looking for ATH for bitcoin kind of high potential coin may let you regret for selling earlier. You must keep holding or you should not exit completely.
5532  Economy / Trading Discussion / Re: Patience is the main key of success on trading platform. on: April 26, 2019, 03:25:58 PM
We have seen lots of members here complaining that they didn't wait enough before booking their profits because they don't have patience.

But it's really hard to have this mentality, I'll give one example, last week I try to buy something online, just so hype so I order, but after a week, that item went into sale for 20%, damn I was so mad at myself for not waiting enough. So another valuable lessons here, don't buy the hype and have patience, just like in crypto.  Grin
To be honest, I have been a silent speculator in the bear market. The down price you know is instrumental in helping you make some handsome profits when the market rises. Panic selling is something that makes you loose value and there is no point in regretting over split milk. Hype might excite you as it excites me but you got to be a realist and this is healthy for business. Patience is good but only when you have invested for long term not for the short term.

Missing out some opportunities may be a negative consequences of being speculator but it helps me a lot in avoiding catching few falling knife, for example, ripple. At the same time, being just a speculator helps me to continue my bitcoin holding whereas few of my colleague exit at $3500 by the panic of going down up to $1800.
5533  Economy / Trading Discussion / Re: Is there any reason to day trade anything other than bitcoin? on: April 26, 2019, 11:09:24 AM
It's also much easier to follow bitcoin because, well, the whole market follows bitcoin. Bitcoin dictates where the market goes.
Not all the time, just like now, did alts followed Bitcoin? Alts just dump hard when BTC pumped.
It's really different for me to trade bitcoin and alts (especially when bull season). I do believe that when the price of bitcoin will become stable again, probably that the alts will follow also.
As you can see now, after how many hours/days when BTC pumps and alts dump and BTC still dumping, suddenly the alts are pumping (This kind of scenario I noticed on since last year)
This is where a smart trader takes advantage age, from what you said, you will see that both always go opposite direction which I agree with you, so Bitcoin and altcoins both have different season, we just need to learn how to adapt and take advantage of both seasons.

Probably we trade bitcoin during its own run and once BTC start its own bull run, we enter trades because that is when the market becomes much volatile and when Bitcoin is about to stop the bull run, then we should automatically know that it is time to trade altcoins. We have to study how to control the market and not the market always controlling us.
5534  Economy / Trading Discussion / Re: Newbies that has interest in trading! on: April 26, 2019, 10:29:45 AM
You have rich experience in everything OP. I also tried stocks but it doesn't give the profit I want like in crypto. Cryptocurrencies are a beast when it comes to multipliers so I hunger for more btc and altcoins more than stocks. I was very close on getting rich on crypto in 2017 but I was so greedy and dumb.
Obviously, crypto trading is still best among all these form of trading, I have had experience in virtually all forms, for forex, I was making profits too but I cannot remember the last time I traded forex, although I will always be grateful to forex for the experience it thought me which I have been able to successfully apply to my crypto trading and it has been wonderful all along.

Whatever experience we gather now cannot be a waste, it will always work for one or two things in the future, so like OP said, we need to really have experience in trading and have lots of strategies too, especially those that are just getting use to the cryptocurrency arena.
5535  Economy / Gambling discussion / Re: Would you bet on an insect fight? on: April 25, 2019, 05:04:39 PM
I have not heard about this ants fight even in my childhood days. What i always played is the spiders fight. I think it's only good for children and not for adults. Maybe in some countries they are betting with insect fights but here in my country, it's not really happening.
If you had spider fight during your childhood in your country, how are you so sure there won’t be insect fight in the long run, which I am sure it will also be introduce one day? They all belong to the same category if you ask me.

I have never tried any of this and it is can’t be found in my country I must confess to you. I have never even heard of it until I saw it on this forum and I think some users too have denied the knowledge of it. For those who have played, they’ve made me believe it is really interesting and I look forward to the day I will or play also even though I am no longer a child.
5536  Economy / Gambling discussion / Re: Gambling Capital on: April 25, 2019, 10:52:18 AM
i realize it is a good quality of gambler just like you, if we use our money only minimal in gambling then we are safe in all manners, and if we use our all expenses like expected and unexpected then we can't manage our life, simply we are destroying our life. SO it is depend on ourself how we are manage our life between gambling.   
That is exactly what I think about gambling. See there is a clear cut principal in the gambling world. This cannot be a way for permanent income flow to meet the needs of your family and yourself.

Once you have this rule on your mind, the amount of money that you would put into gambling would be according to your utility and not more than what you can actually afford. This is important because if you try to bet high thinking you would win, forget it. Gambling is not for you.
5537  Economy / Gambling discussion / Re: Gambling with your Parents on: April 25, 2019, 09:51:57 AM
Well, I think no one parents make their children ruin lives because of letting them gamble or teaching them to become a gambler because in their eyes that is a bad habit especially when it comes financial support that they don't have. Indeed, that is not must be tolerated to let your children doing gambling. Parents are always concerned with the future of their children and it must be.
That’s not true mate. Parents who truly have an understanding of gambling do not see it that way, rather they know that gambling is just for  entertainment and the money or whatever that is committed is always something that everyone in the family can afford to lose.

I started gambling at an early age with my parents and I learnt earlier that gambling is for fun and it has really helped me in the gambling journey. This is the reason I am very confident that I can never have the history of addition.
5538  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience & endurance on: April 24, 2019, 06:58:46 PM
The one thing I knew the Crypto market taught me was patience, keep was the kind of person who lacks patience and just everything to be done according to the way I want it, but when I joined the Crypto community.

I discovered that one way to make it big in this community is to be always patient with the market since it is very volatile and you can't know what could happen within the next minutes, and no matter how you find yourself in the market, you should always learn to endure till you see your desired result.
5539  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: BITCOIN GOLD SCAM SITE mybtgwallet.com on: April 24, 2019, 06:35:02 AM
Wow, we need to be very careful in this crypto space, we should know that crypto is being our own bank, and we have to do everything possible to make sure our bank is being secured, I never saw this topic till now and I am very sorry for those that have lost their funds already to this scam company.

But, we should try to make sure we make good research about a project before sending our money there, because we have a lot of haters that want to make sure that the crypto community crumbles and will do anything possible to see this happen.
5540  Economy / Gambling / Re: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live! on: April 23, 2019, 11:03:55 AM
My country doesn't allow any online gambling neither but thankfully they do not care about bitcoin gambling and have no laws regarding that, we can play btc gambling any way we want and it is seen same as cs:go skins and all that or wow golds and that helps us a lot.

In the end gambling is gambling but if the money is not real money than you can be considered as playing poker from zynga facebook and that is not illegal anywhere as well. Some countries thankfully see bitcoin gambling and zynga gambling all the same. US citizens could play zynga as well but when it comes to bitcoin it doesn't really ALL us citizens, from state to state it changes and some states you can play because they don't recognize it.
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