If there's cheating that is happening, I am pretty sure it's not the house that will cheat us as they do not need to do it since they have the advantage. In addition, they need to take care of their reputation as that gives them consistent money.
If only I have the resources, I would have establish a gambling site.
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I am not sure the exact statistics what it is about but if seen in the casinos the percentage is less. Even if they gamble they are within limits not like guys who keep on trying to recover their loss amount and also more they interested in the slots games.
yes no one know the actual number but it is clear that girls also play gambling, but their number is low as compare to boys, and specially in Muslim countries there you will never find girls playing gambling, may be some play but very often and not all the time. It is not important on the ratio and percentage of how many girls do gamble. We are in the modern era today that jobs of men can be done by women also. The old ancient days are already past and so if men do gamble, then women also are gambling and if you want to know some. Just walk-in to the casino's near you and for sure you will see. Exactly because we are not talking here on how much is the ratio of women who gamble. The answer is yes because women do gamble.
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As for me it is better to invest than gamble. But never invest more than you can afford to lose ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Investing is for growing money not to lose. Even all investment comes with some risks. One should consider investing on those who are less risks for longer term growth and some portion of money can be invested in high-risk investments to gain more profits in the short time. But shouldn't put all your money in these high-risk investments. and no one want to even lose in gambling, every one do trading and play gambling for making money, but no one know the future that what is going to happen, as both are risky, and it depend on you, if you have some experience in gambling then you can make money in gambling and it is less risky for you, if you have some experience in trading then you can make money in trading and gambling will be risky for you, now it depend on you that what you want to do, either want to go for trading or to play gambling. Surely it is that no one wants to lose in gambling at the same time. That is why I just want to choose both, gambling and investing. So investing into bankroll casino's is a good choice and as well as trading. If you just manage to lose in gambling then focus more with investment, then you will going to have a high chance of winning. The amount you put in gambling should be smaller compared to the amount you will use in trading and other money generating investment. It's a two different things, we are here in this world not to make money all the time but also to enjoy our life. And I believe gambling is one way to enjoy our life, so it's better to do both if you can.
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I am not in favor of the idea. Due to many reasons. Like how it is limited, Bitcoin that can be circulated virtually is up to 21,000,000 which at first is big but all of us 7 Billion plus sharing it would not be enough to be considered as a global currency.
Actually bitcoin being limited is a very good thing for us. Scarcity gives value. The more limited one thing is and the more demand that it has, the price will be higher. It's the basic supply and demand law. Not sure why would you want to have an unlimited amount of bitcoins. If it's like that, then bitcoin will probably have very low to no value at all. Also another big thing is the lack of internet for some people in which Bitcoin transactions takes place.
That is their problem to deal with. If you can't afford to have an Internet connection, then you're probably broke even in fiat. If bitcoin will be popular and people will be compel you use it then I guess internet and computer or any electronic device that can be use to access bitcoin will become a necessity then, I am afraid that time will come as for sure life would not be easy for the majority. Hence, I am already contented on the current market we are standing now.
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There are so many suggestions here if you back read but the big questions is, How strong is your determination and will to follow those suggestions.It should start to our self if we are serious enough to stop from vices like gambling.It really needs a strong determination and sacrifices,and professional intervention of course family support is a must also.
A certain addicted gambler if only he will take the relevant suggestions here he can surely quit gambling and stay away with it. But if he is not that so sure with his decision, he can still gamble because gambling by nature is very addictive, you cannot let that into your life as it will take over and dictate you on what to do.
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If you have a lot of resources and have enough money to compensate your needs.. then selling your Bitcoins is not an really option. You should invest with your Bitcoins rather than selling. Just my thoughts. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) but I think even if you still have the big money in real life and you do not need the money anymore, does not mean you do not sell your bitcoin that moment dude ? I think it would depend on the circumstances of the current price? of course, if the current price is high you should sell it and take advantage of that opportunity, because the opportunity will not come twice Some think that the opportunity appeared is not the biggest opportunity yet and they still hold their bitcoins hoping for the price to rise more. But since the price of bitcoin is very unpredictable as it is base on supply and demand we cannot expect it will only move one way. Hence, we should device a plan to sell and once we see the price we do not need to hesitate but sell.
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I'm good as i can save some bucks to buy when i crave for food that i want. I can also save money for long term to buy a new gadget for myself. It's really hard to manage money because you have many things first to manage your money wisely.
to save money is very difficult, because we live the cost but if you are clever in managing money for sure you can save for the future, Saving in general is not difficult but it would only be difficult if a person who will save has no intention at all. Our actions speaks louder than words and though we are saying that we will save but we do not have the discipline to do it then we will not make it.
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This is really a myth if you are going to bet off course there are time that you need to lose not even once but sometimes as many as you expected in gambling if you can't take the risk that you are going to lose then its better when you are not going to gambled. its better to not lose money on gambling.
It's more of a cheat if one can do that winning without losing in gambling, not even the professional gamblers can do that kind of good record. The fact that the gambling sites are created by the operators due to the belief that it is a profitable business, we cannot do that as they control the game and the system. They will easily adjust the system of course.
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If I were in that situation, I'd simply ask for a loan at bank, that's still the easiest way, and you don't have to deal with anyone that you don't know.
Do you have all the requirements to make you qualify for the loan application you will do. Mind you it's not easy to take a loan in the bank as they are very strict with the requirements and that is to ensure that such borrower will be able to pay.
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Both of these methos is too risky. All your money can be vanished in a blink of an eye. However, if i had to choose, i would choose investing. It is more profitable and i does not 100% depends on luck. So in my opinion, investing is more efficient than gambling
Not too risky but risky dude, that is why we need to manage the risk and when we are investing we need to know how to diversify our investment to minimize the risk, earning should be a continuous process and success is not to be achieve overnight. I would choose investment all day.
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My investment strategy is i just invest 10% of my portfolio if i invest for something. I don't invest more if i'm not yet that confident in that investment. Win or lose i just invest 10% of my portfolio. No more, no less.
That sounds cheap and safe, good way to invest actually as you are safer under that percentage. If you have a decent portfolio that could be a great amount to start, and I believe that is advisable when you are not too sure with your investment or you have not tried it once.
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Why do people keep saying BTC is dead?!
Just don't mind them cause most of them are just trollers or some newbies. What you have to do when bitcoins price gets lower is to buy bitcoin, of course just moderately, Your spare money will be enough. As long as there are people who mine/use/supports bitcoin it will not disappear. It will be best to get used of bitcoins fluctuation . Exactly, the ones who say bitcoin is dead or it will die soon are most probably those who are new and does not know anything about it, or the ones who knows everything but they want others to stop using it because they hate it. They are just trolling really, to feel there presence that haters do exist and only stupid people will also believe on what they see as it is a different thing that we have witness now, bitcoin is full alive and we are enjoying its benefits and that is self explanatory I guess.
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2% of the total world population = 148000000 I think somewhere around 0-2%. 60% of the world does not have internet access as of 2016, let alone cryptocurrencies. So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That means users of bitcoin compared to the total population is not really that big, we might increase in a yearly basis but we cannot reach the time that everyone will use bitcoin not even in the future. We just need 10% of the world population to use the bitcoin for its market cap to be simlar to the US dollar. That is right. With 10% of the world populartion owning the bitcoin, that will make it worth at least $100,000 each. And the big question is, when is that going to happen? I think we are still 1% of the total world population now and it will be a long waif before we can achieve that level. But you know what? I am willing to wait as long as that will be realize, as I will be collecting profits from my investment (long term).
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Gambling site was built by the owner to give him the profit of money he has spent. Gambling isnt a charity foundation that give people free money anytime. Although there are some professional gamblers out there, the site owner surely will be always trying to beat all of them. Thats the fun side of gambling, where we could test our luck and skills combined against the house. Maybe you couldnt win everyday, but if you bet responsibly and patiently, you couldn't be disappointed so bad.
Well gambling is business of course owners will always want their gamblers to lose in the long run because they are going to get profit if their gamblers are going to lose. And I haven't heard someone that he is winning in the long run. Most of the time, gamblers are just losing in the run when they win that is just for a short time. I heard that some are winning in gambling but that was just a story since I do not know their names, and yes we will lose in the long run and that is base on my experience as well as gambling sites are designed that way.
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
I do not think so, because see I have been making huge bets since I am known to gambling and I am in a bigger hole than the ones who gamble low amounts. Its obvious that higher bets will enable higher profits, but the fact is that they will actually give enormous loss too. I believe that by betting large amounts will make a larger profit. however, I also believe that it would increase the possibility of defeat would you get. You just need to be prepared, between getting a big profit, and losing big money. to get something big, it takes a huge risk That is what it is, if you have a big bankroll your will make a decent chance to win in gambling and most of us does not have that as we are just to dependent on our luck. By putting a huge bankroll, it only prove that we are serious with our journey in gambling.
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I was listening to the bill simmons podcast and the warriors are -150 to win the title.
Thants crazy odds. So you get +130 and you get every other team lol.
Not gonna bite that trap, they too overvalued as a team, and to win in finals? Finals? Even with Durant they are just still not that dominant team, especially now that the spurs and cavaliers are upgrading their squad. Can't believe people are falling for the trap.
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this was the Same condition for me but my story was small little different . i made loss in gambling about 0.8 btc but i comes to know that i made loss by taking lone from friends also . and there is lot of money lending load at my hear then i leaved gambling and finally i made earning continuously from this forum and returned the btc to my friends . i will suggest everyone to leave gambling for best .
Taking a loan because of gambling will only make you poor in gambling, that action implies you are too greedy but not accepting your defeat in gambling, and you just proved by your story, so I guess everyone should learn from their mistakes and if they can't at least learn from the others.
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
I will ask my family,friend or some close relative to lend me the amount I needed.If they could not help me,I would,as a last e=resort,sell my some digital assets Last resort will always selling thing but for me im opposite! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Because im shy in my relatives and family so i do prefer first selling my stuff then if it will not be sold and that is the time that i borrow some money to my relatives or my family though we are really pressured to pay it as soon as possible it makes us thinking it all day That is right. If you are in emergency, it is ok to sell everything. That also include the bitcoin as well. For me if that is what I am going to do I will going to put myself to downfall when I am really desperate for money I will going to some my bitcoins that I am holding and I will not going to doubt about it. Because I don't want to get some loans or borrow some money with my friends or bitcoin company. In my simple understanding is that when a person is in desperate need of money he does not have anything to sell to convert into money, under the situation I would only do the last option which is borrowing money from a bank, I have a job so I believe they will approved my loan although I do not have a collateral. That certainly what it means, when you are in desperate need of money, you have a problem about money, and to solve the problem you need to look for the money and that is a hard task to do. I have been in the situation many times and I thank God because he is guiding me every time I have a money problem, my relatives really help me a lot in times of trouble.
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Gambling is just so addicting because of the fact that you can win money at the first place and because its a game and games can be highly addictive if you play them for a while and you find them enjoying.
Only money is not enough which will make gambling as more addictive but along with earning money when fun and entertainment also invlve then people become more addictive to these games. but to me there is no fun and enjoyment in gambling if you are not making money, so we can say that fun and enjoyment also depend on the money making in gambling. so addiction in gambling is only because of making money. Not all people are out in gambling to have fun, remember that because there are rich people who only gambles for fun and why would they need money if they have many of it. If you are gambling for money then I am quite sure you will be in trouble once you do not possess the attitude of a professional gambler.
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The goals can easily be found because method are displayed online to make us successful in managing our money, it is now depending on us on how are we going to implement it into our lives, and since there are a lot of temptation outside that might ruin our plan, we need to have the right discipline to resist temptation.
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