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5721  Economy / Gambling discussion / Re: Can I spend the daily expense by playing gambling? on: March 21, 2019, 01:17:54 PM
Is it possible to spend daily expenditure by gambling money? I think this is not possible. If you play gambling, the loss is more than profit. But yes, many people can play gambling very well and they can earn a lot of profit. But I would say gambling is never a profession. So it is better not to earn money by playing gambling. Gambling should play just for fun. You should not spend your pocket money with gambling money.

Thank you

Professional poker players never use their pocket money for gambling.They use a part of their savings that is separated from their "retirement" savings and serves them only for gambling purposes.I remember this,because a professional poker player told me this "method". Cool
However,gambling addicts waste their daily money playing various gambling games for sure.
5722  Economy / Economics / Re: Largest Swiss Online Retailer Digitec Galaxus Now Accepts Crypto on: March 21, 2019, 01:12:37 PM
When big online retailers accept bitcoin,that's great,but when they decide to create their own coin/token,that's not so great.The Rakuten coin and the Trading Zone coin are going to be nothing more than centralized tokens,fooling the noobs that those companies are "crypto-friendly","innovative" and "cool"... Sad
What's the point of creating their own tokens,when they could easily adopt bitcoin.I guess they would want to manipulate the price of their company "coins" in the future.
5723  Bitcoin / Bitcoin Discussion / Re: Should bitcoin be limited to 21 million? on: March 21, 2019, 01:06:19 PM
I have mixed views on this because most currencies stay stable with some sort of inflation. Quite frankly you shouldn't be inflating by 2% per month as thst a huge market but I don't think anyone would be against an increase for this to be accepted as a currency.

The alternative view is that this is what altcoins are for and most of the people won't see the last block with the initial rewards being taken up but at a point where we're at a low number of bitcoins per block it may come in handy to increase inflation slightly although if it becomes unprofitable to mine it'll be the node owners doing the mining which wouldn't be a bad thing (each node miner with a few chips to mine with like the gekkos side hack makes - id be into that).

The 21 million total bitcoin cap isn't as important as most of the people think.Great mining difficulty reduces the mining of new bitcoins and keeps the supply low.The 21 million cap is just a psychological barrier that creates some trust amongst the newbies that the bitcoin price will keep going up,as long as there is increased demand for btc.Inflation would be bad for btc.
5724  Economy / Gambling discussion / Re: Bitcoin Dice - why do you play in a particular casino? on: March 21, 2019, 06:06:41 AM
Hello,

What are the factors that make you play in a particular casino? What are the most important things for you?

There's a lot of Dice sites out there; I was wondering recently what makes some of them much more successful than the others. What are your thoughts on that?

I used to play dice games at primedice three years ago,because it was the biggest crypto dice site(and it still is,I guess).That was the only reason for me at that time,because I wasn't that familiar with dice games.
You know,big sites with lots of users=more trust&authority (that's not always true,but most of the people tend to believe this). Grin
I don't play dice games like I used to...
5725  Economy / Economics / Re: Bitcoin ETF: SEC Receives 84% Negative Feedback on Application on: March 21, 2019, 06:01:48 AM
This whole ETF thing has gone from being so much desired with people eagerly waiting for it to a thing that only gets a meh! or a yawn!. Probably by the time one of them finally get the green light there will be no one left to clamp their hands.

And, why do we need those ETF? For "investor's money'"? For "Wallstreet"?
I remember how many were enthusiasts when CBOE launched its future options, about the same number as the ones blaming them afterward for dragging down the price..




That's right.We need a global mass bitcoin adoption before some ETF approval decision.
Having bitcoin ETF approved will prove the point that bitcoin is a "digital gold"/speculative tool and nothing more.We want bitcoin to be a fully functional currency used by millions of online/offline businesses and all their customers.This is the only way bitcoin will gain enough trust,so the institutional investors/Wall Street will adopt it.
5726  Bitcoin / Bitcoin Discussion / Re: How do you feel about control versus freedom in Bitcoin? on: March 21, 2019, 05:55:59 AM
Quote
Do you think freedom is one of Bitcoin's most important qualities?  Or is it more important that we ensure everyone is happy and agrees with any changes?  If you had to choose, which takes priority?  Freedom?  Or ensuring everyone agrees?  

For me,trying to make everyone happy and always pushing forward to a 100% consensus is the worst possible case scenario/business model.
People are free to choose wether or not to use or mine bitcoin.If they are unhappy with bitcoin core,they could split the blockchain with a fork,or they could just leave bitcoin and choose one of the altcoins.If you make a sertain choice,you have to take some sort of responsibility and follow sertain rules.Freedom=responsibility.
5727  Economy / Gambling discussion / Re: Who's your favorite to win this year's Europa League ? on: March 20, 2019, 12:49:54 PM
I vote for Arsenal,because Chelsea isn't making a good season so far and I bet that they won't solve their problems with their italian manager.Perhaps Mourinho will return some day. Grin
The Arsenal manager had won Europa League three times,so he knows what he's doing. Grin
5728  Economy / Economics / Is the US dollar backed by oil?What do you think? on: March 20, 2019, 12:43:26 PM
I kinda like this guy and his Youtube content,but he is anti-bitcoin and he has some solid arguments.

https://www.youtube.com/watch?v=YChQ3KQ_1f4

https://www.youtube.com/watch?v=xNr1LWgIyiE

The first video is about the bitcoin bubble and the second video is explaining the petrodollar and the US/Saudi Arabia relationships.The petrodollar conspiracy theory sounds pretty good to me.

What do you think?
5729  Bitcoin / Bitcoin Discussion / Re: Without Hardfork, what is the true value of Bitcoin now? on: March 20, 2019, 12:34:11 PM
Hello friends. I am a new member asking for help.

Thanks to bitcoin, I learned about this forum. So it can be said that Bitcoin is a great thing to help us know each other and understand more about Blockchain technology.
All of us on this forum are aware of Bitcoin and Etherum. And surely the new participants in this forum also heard from Hardfork a few times?

We know that since the advent of Bitcoin, the value of Bitcoin has increased greatly, but there have been deep declines. In addition to market factors, Hardfork times also make Bitcoin weak. So if Bitcoin doesn't have Hardfork, what is its real value?

I really want to know the thorough analysis of this so that I myself will be more knowledgeable about it. We wish everyone help


No.Hardforks actually make bitcoin stronger,because the fork supporters are "leaving" the bitcoin core community and sometimes a hardfork can pump the bitcoin price,because lots of greedy traders want free forked coins which can be sold for a small amount. Grin
I can't understand this sentence "We wish everyone help." What are you trying to say? Grin
5730  Economy / Gambling discussion / Re: 🏆 Fantasy esport using Crypto? on: March 20, 2019, 07:38:07 AM
I wonder why the hell fantasy sports aren't considered gambling in the USA?Sites like Draftkings and FanDuel are making millions USD,so there's room for crypto fantasy esports.I'm not a big fan,but who cares,the crypto industry might try to conquer another gambling sub-niche. Grin
Why the young people prefer fantasy esports over the real sports betting?Nowadays evertything is getting more and more virtual. Grin
5731  Economy / Gambling / Re: 🎰BitRoll.io🎰 - New Crypto Casino Site! on: March 20, 2019, 07:30:53 AM
So i just registered at your website, and here is my first impressions :

- i claimed the BTC faucet, got 100 satoshi, i tried to bet minimum and i get this
error : The bankroll amount is zero. The bet cannot be played.

I will come back here after a while, im sure u guys will update the site

Good luck !

Hello, as mentioned in my last reply, BTC Bankroll is zero for now. Try to play using Ethereum or Dogecoin. Bitcoin Bankroll should be filled up on Monday. If you want help and earn with us, why not investing yourself 0.41$ in the BTC BankRoll? Cheesy

Thank you,
Team BitRoll

I'm sorry to be raining on your parade ,but isn't it reasonable to get AT LEAST 200$ in bankroll before opening the casino
and do you think there will be many people willing to try their luck if they cannot win even 10$ here Smiley
forgive me my pessimism , I just don't think that in current realia
one should open a project like that if he has no money or a solid investment scheme
try to make investing into your banroll more attractive and maybe ,just maybe people will start to play

I kinda agree with that.Nowadays,almost every guy on this forum wants to launch his own crypto casino or atleast some probably fair dice/crash site.The bankroll doesn't matter to them. Grin
What will happen,if there are 1000 crypto casinos offering the same games?Probably 99% of them will bankrupt.The OP would need a lot of money for a decent bankroll+a big advertising budget.
5732  Economy / Gambling discussion / Re: 1 question about betting on tennis match on: March 19, 2019, 12:19:18 PM
Hi all, need your kind advice.

I've bet on 1 tennis match last night, and the player lost 1st set, retired on 2nd set when she's trailing 0-3.

The result by officials is that she lost that match.

My question is: I bet on her to win on money-line, but if this match was incomplete due to player retire, is it still countable?

Apparently the bookmakers decided that my bet is lost, and I wish to clarify on this.

Please advise. thanks!


Damn,that's why I don't bet on tennis matches. Grin
What if you bet on a winning player,but the match is cancelled due to the other player being injured?
Your sportsbook has two choices:
1.Paying you the profit.
2.Canceling your bet and giving your money back.
I'm pretty sure that they will choose the second option,despite their Terms of service/rules. Grin
5733  Economy / Economics / Re: Latest Bitcoin market trend - Looks like the Bitcoin Whales are losing momentum on: March 19, 2019, 12:12:17 PM
Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price. <Yes, it might not be a huge influence, but it is still happening>

I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now>

We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  Grin

Do you see this same pattern or am I imagining this?

The whales can't gain any momentum,if there's no overall crypro hype around all social+mainstream media.
There's no army of newbies and no fresh money entering the crypto markets,which means there won't be a big price bubble coming soon.
By the way,I think that the whales will profit way more,if they crash the price to 2K USD by mass selling and buying cheap btc later.
5734  Bitcoin / Bitcoin Discussion / Re: Ways to relieve stress from "crypto" scammers when all you value is bitcoin? on: March 19, 2019, 12:07:57 PM
I think that the pump&dump altcoin era is close to it's end.Nowadays it's kinda pointless to create a brand new altcoin,because there's no way to gain some competitive advantage over all the other altcoins.Meanwhile all the altcoins in existence have nothing to offer exept a higher price volatility,so crypto trading turns into gambling.
There will always be "stupid money" and get rich quick schemes,the noobs will learn their lessons by trial and error.
5735  Economy / Gambling discussion / Re: Half With Most Goals on: March 19, 2019, 06:09:20 AM
hello,

I have developped a strategy for betting on the half with most goals, in this case the second half. It has been quite successful so far. I'd like to share it.
There are generally from 6 to 10 bets a week, mostly on week-ends.

Here are my predictions for the following upcoming matches :

16-03-19 15:30   Primeira Liga, Belenenses - Portimonense @2.05
16-03-19 15:30 Germany, Bundesliga, Schalke - RB Leipzig @2.05
16-03-19 13:30 England, Championship, Leeds - Sheffield Utd @2.05
16-03-19 16:00   England, Championship, Sheffield Wednesday - Blackburn @2.10
16-03-19 16:00 England, Championship, Stoke City - Reading @2.10
17-03-19 20:45 Spain, Primera Division, Real Betis - Barcelona @1.95
18-03-19 20:45 France, Ligue 2,  Ajaccio GFCO-Lens @2.10
18-03-19 21:00   Spain, Segunda Division, Numancia - Malaga @2.20

Odds are bet365's and 50 EUR are to be bet on each matches.




I guess that you have to analyze the game of every team and not just using a betting pattern for several matches.I usually bet on teams that I'm familiar with.How did you pick those matches?I guess that you made your choice based solely on the odds.
I wouldn't call this a "betting strategy"(there's no such thing as a betting strategy).Success in footaball sports betting depends on how good your are at analysing football teams.
5736  Bitcoin / Bitcoin Discussion / Re: If BTC Dominance will drop to 40%, what will happen? on: March 19, 2019, 05:54:53 AM
I noticed that if BTC has a big dominant rate the entire crypto is bad, in short it looks bullish.
Though the rate now is very consistent to 50% and above, what do you think will happen to the market if it will drop that low.

Will this gives a bad or good effect to BTC and Altcoins?

There's no competition between btc and altcoins.In most cases,you have to buy bitcoin,in order to buy altcoins,so they are tied together.Every time there is a new crypto bubble,the altcoin prices rise higher,compared to the bitcoin price,which means that bitcoin "loses market share" compared to all other altcoins,but that doesn't mean anything at all.It's just a price bubble.
5737  Economy / Gambling / Re: BLOCK & CHAIN GAME STUDIOS LAUNCHES BLOCKFIGHT| Play with ETH & Halo (BTC soon) on: March 18, 2019, 12:50:23 PM
It doesn't work with my browser too.I guess that my browser isn't up to date.
Awesome graphics.I really like the "nasty monsters" style.It's time for the crypto game developers to create more complex games with high quality graphics,people are getting tired of the dice games. Grin
Is your game "probably fair"?You didn't mention this in your thread...
5738  Economy / Economics / Re: The myth of crypto revolution on: March 18, 2019, 12:41:15 PM
There's no such thing as a crypto revolution.There's only crypto evolution,which means that cryptocurrencies will be adopted steady and slow.
If the Proof-of-stake is really better than Proof-of-work,why the most of the crypto users are still using bitcoin,which is POW?I guess that POS isn't that great after all.
Every coin,fiat currency of financial is just a tool.There's no way to implement fair distribution into some financial asset that has value/market liquidity.
5739  Bitcoin / Bitcoin Discussion / Re: Growth of bitcoin with respect to Blockchain on: March 18, 2019, 12:34:47 PM
Bitcoin has grown so much over the years and so has the Blockchain and it's use. Today Blockchain has so many use cases such as banking, real estate, network solutions, healthcare etc...
But with the growing development of the Blockchain, bitcoin is still lacking behind with the adoption. The adoption rate has been increased over the time but is still less than expected.
This shows that the people/industries trust more on blockchain and less on bitcoin. Don't you guys think if it keeps going on like this then bitcoin won't make it big in the future.
What can we do, that will make bitcoin to grow as much as the blockchain has grown over the time?

There are som many financial "experts",economists,politicians and business moguls that say "blockchain is awesome,but bitcoin is a bubble".They aren't familiar with how the blockchain works,but they keep pumping the hype.The blockchain technology still hasn't been  adopted in any of the areas you mentioned.
There's still lot's of potential for both bitcoin and the blockchain,but we should stop listening to the fake gurus.
5740  Economy / Trading Discussion / Re: Understanding The Different Types Of Cryptocurrency Exchanges on: March 18, 2019, 07:58:56 AM
It seems to me that there is no difference between this types of exchanges, if these exchanges are reliable and are in the top 10-15.


The difference is wether or not you are holding your private keys.If you don't have your private keys,you are rellying on the mersy of a centralised exchange to decide what to do with your own coins,that you have deposited there.It doesn't matter if the exchange is "reliable" or not.I've seen many horror stories of people that were scammed by big and "reliable" crypto exchange platforms.
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