It will always be bitcoins for me. When I started accumulating bitcoins the prices was about $800. No it's $6,000 and it hasn't shown that it will slow down or that it will go crash. The thing is even if it has been a year or so, this is still a short term investment in the real world. Usually investments take about 3-5 years and even 10 years to ROI, in bitcoin I've almost x10 my money.

You mean if you exchange your USD to BTC then exchange it to EUR, then will it still be the same value. For example, this is based on preev,

1. 100 USD (85.12 EUR) = 0.0173 BTC
2. 0.0173 BTC = 86.20 EUR (101.31 USD)

That means it does increase when you exchange it USD -> BTC -> EUR. However, this is only theoretically, and it assumes that there are no exchange fees and that you are buying and selling at spot price. So in reality, you will not profit if you did this.

Yeah it is unstable but bitcoins are really under-priced even at this level of trading. The price is likely way above this, if there would be a great adoption then the prices will likely go up because of the level of demand for it and there is not enough supplies.

This is unstable now because the demand and supply has not yet balanced out. If there is a lot of consistent demand, then likely prices will stabilize as well.

If you have checked, history is just repeating itself. The fact the prices are booming in bitcoins, investors are moving away from altcoins. Then if bitcoins are going down, they are all buying cheap altcoins. It's like a seesaw, when one falls the other rises. This has been the case for a while now. You'll see when prices go down in bitcoins then altcoins will again rise. So this is the best time to buy those cheap alts.

Bitcoins are divisible, hence if you are selling an item worth $4,000 that means it would be sold for 0.667btc (price of item $4,000 / current price of btc $6,000).

Best is to post your item on the goods section and place all relevant details like,

1. Where the bike is located. (it would be impractical to sell the bike to someone in asia if you are in the US, right?)
2. Model and make of the bike, year, mileage, and other info about it.
3. Terms of payment (likely straight up bitcoins in your wallet)
4. How bout papers? How will the papers be processed?

Things like those, it would be like a normal contract just that it is paid in bitcoins at current prices.

Hmm, care to share which country you are in and what city it is? I haven't seen any of it here in mine, though I would say that my country won't be the first ones to adopt bitcoin. But so far, I haven't seen many post about people sharing about stores already placing signs that they accept bitcoins.

Though, I heard a lot of good things about the lightning network, it could possibly speed up the implementation of bitcoin payment systems once it gets released.

That is indeed why gambling sites are so successful. Since gambling sites really appeal to a person's greed. That is why people keep on still risking money in gambling. They all think that they can double the money easy without any effort. But that doesn't usually happen, the usual occurrence is that players lose more than what they have and end up regretting gambling.

That is indeed the situation now, and currently the status quo is still enough. Like what you said you are still comfortable using mbtc to gamble with. I guess when prices go to $10,000 each then possibly gambling sites should really consider lowering minimum bet size. But generally if that happens, even the bitcoin network should consider upgrading again so that fees go as little as a hundred satoshi to be even feasible to move small funds.

A bits is about 100 satoshis, I don't think it is still feasible for sports books and other higher minimum bet games to adopt bits as the base unit. The current use of mbtc is still feasible. It still being able to be divisible in non-whole numbers. 0.1mbtc isn't that big yet to be of concern hence the status quo can still be upheld. Probably when bitcoin prices reach the five digit level, gambling sites should consider changing from mbtc.

What OP is sharing is likely just a coincidence, and will not consistently happen in any more of his games. Gambling is all about luck and there is indeed a possibility that this would happen, but to get it consistently is not possible. If it is something constant then a lot of people would have abused it and bankrupted a lot of casinos. But it has not happened. It is the players losing and not the casinos.

Well yeah you can say that risks involved in trading is similar to gambling's risk. However, I would like to differentiate this from ICOs. I think investing in ICOs are really gambling. Since you are gambling whether or not the developers there are really serious. Most of the time a project just turns scam because the developers just ran with the investments.

I think they turned scam a few weeks or months ago. A lot of players were complaining about their withdrawals as well as the bonuses. Not sure what happened, as I have not read the whole thing. I just want to state this so that people looking into this casinos would be cautioned and would do their due diligence before they even try to play in that casino.

Though it still requires a lot of luck to be able to win it. And that is not something we can control or even learn to control even from a billion times of playing and getting experience from the game. There are things we cannot control and luck is one of them. That is why there is no one that can say that they can consistently win in any kind of gambling, be it poker or sports books.

First time hearing this, not sure why would you even want to hire an agent for this but maybe it's your own prerogative. But to be honest, since most bitcoin gambling sites do not even require ID or a KYC policy, then I don't see the reason why you have to get an agent. I've been betting on sports on bitcoin sportsbooks the past couple of years and never had problems.

This is one of the reasons that every gambler should have had some sort of seminar or education that taught us that gambling is just for fun and all those concepts we know here on the forum. To be honest, there are a lot of new gamblers that think gambling is a source of income and it could be turned into a livelihood. Well, the are down right wrong, and in the end they end up with huge losses.

You should probably first move this to gambling discussions and not on the gambling section.

About the topic, I think this is indeed something to consider. I too believe that online gambling will be shifting to cryptocurrencies as it is a much better alternative to using other conventional methods such as cash or credit cards or other electronic monies. The technology involves a lot of factors that will be advantageous to online gambling.

Though the reason why most investors use the highest possible option for leverage is that gambling sites always profits in the end. There might be a whale that suddenly wins, but most of the time they just lose all throughout. It will all just even out in the long run, because statistically speaking the house edge will make the gambling site profit because it all leads to the house profiting.

Yeah sure, its up to you if you want to choose to play on a legit casino or one that has been previously proven to be a scam. The thing is on these kinds of sites, you will likely have no problems with small amounts of bets and wins. The problem arises if you are a high roller or someone who won big. They will not pay you when you are about to withdraw big amounts, like what they did to one of their players.

Hmm. I always thought that when you get referral bonuses you will get it no matter if they profit or not because the site is sharing with you house edge. Which is something that is guaranteed. I don't think you'll get a negative on referral bonuses, since affiliates are not part of the bankroll investments but merely promoting the site and that is how they are earning not from investing.

There are three things to be considered here. The gambler that did this bet would either be an early adopter of bitcoins with thousands and thousands of bitcoins in his wallet, or he is super rich and has a lot of money to waste in gambling (probably he's bill gales, lol), or maybe he is an addicted gambler that tried his luck at it and miserably failed to do so.