Bitcoin Forum
June 23, 2024, 11:05:07 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 [295] 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 »
5881  Economy / Gambling discussion / Re: Favorite type of gambling? on: February 17, 2017, 06:28:04 AM
My favorite is still poker. I prefer to use some skill and try to outsmart other players rather than to depend completely on luck.

As far as online or live, I prefer the atmosphere of playing live, but it can get boring because shuffling takes too long.
especially a player vs player based games right? i looking for blackjack games which allow us to play head to head against another player , so far i can not find the game like that , will glad to play if someone can mention what site it is.

however rather than any other house edge games like dice etc poker always be my first choice too.
That really differs on our interest, I like poker, dice, and etc. but as we are playing this games and we do not get good outcome, we tend to look for a more entertaining and profitable one. What really caught my attention is sports betting, I know it's one of the most popular gambling type in the gambling industry and there is a great reason why we keep patronizing it despite of the fact that we lose more than we win.
5882  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: February 17, 2017, 06:04:04 AM
2027: Bitcoin worths around 5000$ with Litecoin around 50$  ETC and ETH died..
Grin Nice prediction dude but that its possible to happen.Bitcoin price is playing around 990$-1050$ now and its possible this year Bitcoin price will reach 1200$.
Price increase is always possible as that is the current trend now, and bitcoin is very successful because of the increasing adoption. But speaking of the exact figures, we would not know how much it can reach in terms of value but still we need to be conservative and realistic as a basis of our decision in trading. One thing that is certain is why bitcoin is getting much attention, some altcoins that is popular now will be losing its value as success continues.
5883  Economy / Services / Re: BIT.AC Signature and Avatar Campaign(Fixed Rates)[FULL] on: February 17, 2017, 01:21:11 AM
Thank you for accepting me yahoo62278 ..
5884  Economy / Services / Re: BIT.AC Signature and Avatar Campaign(Fixed Rates) on: February 16, 2017, 12:01:39 PM
Btctalk name          : Kasabus
Rank                      :Sr. Member
Current post count   : 361
BTC Address  :  1Mc3HeaTLzw1jEAnxuWFyTyEEkL3qKS28v
5885  Economy / Gambling discussion / Re: Play with your profit or not? on: February 16, 2017, 02:34:57 AM
I'm usually stop betting if I reach 10% profit from initial deposit so my answer is not !
I'm ever experience if I keep betting , I'm loss more than I can afford

It's good that you are stopping when you got 10% already. But with what I do is I keep on gambling with my profit and instead of using my initial deposit. I prefer to use the winning I got instead because it seems to make me more comfortable to use my profit rather than using my deposit and when I lose, its okay.
If you have a large balance, that is enough for you. 10. Pretty much be safe than sorry right? It's not safe to gamble large amounts but the rewards are enormous. Go for the double the bankroll and you can probably lose when you reached that. When I double my bankroll, i withdraw my initial deposit then play with what I earned and be happy.

everything is fine if we have big balance in gambling and we can place our bets in any amount that we want. but i think if we are win the games, we don't have to use the profit to continue playing gambling, we can use the same bet like before and we can keep the profit in our wallet or transferred it into other wallet. i think its more safe to play with the same bet before, because we can see the balance is growing but we should ready if in next games, we are getting loss.
There are different actions needed, if you gamble for profit, you have to treat it as an investment, and putting your money in an investment, one must ensure that he puts a decent amount. That is an investment and that requires your skills and knowledge to succeed. Thus, if you do not have the quality to succeed in a very hard journey as gambling, the best you can do is just to enjoy to appreciate it.
5886  Bitcoin / Bitcoin Discussion / Re: What are your thoughts for Bitcoin in 2017? on: February 16, 2017, 02:11:37 AM
We have had a Halving in 2016. The next Reward-Drop ETA has been assumed to meet the 27 June of 2020. A doubling and halving event are related.
But before next halving there would be big chances for 10X growth because we can expect mass adoption in between times. Within 2017, we can expect bitcoin prices to get at least doubled. Simply my thoughts for bitcoins in 2017 would be price may reach $2000 levels. I am already getting prepared for that.
It is unlikely we are going to reach such levels in such a short time frame, don't get me wrong I will like bitcoin to reach those prices, but at the same time I need to get more bitcoin, so I would like for the price to not skyrocket like that.
I don't consider that as skyrocketing of price, in fact that is a conservative projection as last year we have an increase more than 100% and so with what is happening now, it is not possible to get that again. $2,000 may look like a big price for us but it is the desire of the people to adopt and demand of bitcoin that will cause to reach that level, let's be optimistic instead.
5887  Economy / Services / Re: PureVidz Fixed Signature Campaign || Upto 0.08 BTC || #Open on: February 16, 2017, 02:00:21 AM
Thank you for reviewing my application mexxer-2 . Let us know soon if you consider opening a Sr. Member. Good luck. Grin
5888  Economy / Services / Re: PureVidz Fixed Signature Campaign || Upto 0.08 BTC || #Open on: February 14, 2017, 09:30:24 AM
I want to join in this campaign.

UID: 849498
Bitcoin address: 1Mc3HeaTLzw1jEAnxuWFyTyEEkL3qKS28v
Vidzcoin address: VkRDYgizUXacVxxqXC65rQsUUUxyYKWi2v
Starting Post Count : 357
Forum Rank at time of entry: Sr. Member
5889  Economy / Gambling discussion / Re: what is definition gambling in your mind? on: February 13, 2017, 11:50:06 AM
Gambling is a way to have some fun during free time along with chance of doubling what i have within few rolls. It is just a high risk, high gain opportunity if you are lucky you can easily multiply what you have in very short period of time but if you turn out to be unlucky you will loss whatever you have in your hand due to greed.
If you do it for fun, you need to play it occasionally, in that way you will not lose more often and you will not be expose to gambling so much which would lead to gambling addiction. You have to be specific with your goal as it might confuse you along the way, and instead of playing for fun, without the ability to resist temptation, you will be greedy for the reward.
5890  Economy / Gambling discussion / Re: Martingale Basketball Betting System on: February 13, 2017, 11:31:59 AM
Martingale is really really popular with dice games and I think it will not be a good strategy in Sports Betting. In dice games you will know the results every after-clicks and that is really fast. In sports game you first watch the game and then bet again after that and i think thay is a long process.
It is, dice is a different game compared to sports betting, in dice, the previous result will not be the bases for the next result as it is literally base on random basis. There are some people who have a great success in sports betting, that is because they can predict games with the information they analyze, and with that, it will be more effective if you use martingale method.
5891  Economy / Gambling discussion / Re: Can you beat the house edge on: February 13, 2017, 10:31:12 AM
Theoretically, we can't beat the house edge, because it is the profit source of casinos, sportsbook, you know they are making money, most casinos with house edges operate in very long term.
And in terms of capital, they are also more aggressive than us because they know they have the edge to win over the gamblers. House edge is the big reason why they operate in profitably in the industry, they gave us the entertainment and in return they have to take our money. That's the reality.
5892  Economy / Gambling discussion / Re: Everyone looses in the long run on: February 13, 2017, 09:15:45 AM
Aside from house edge, most of the time, gambling is always in the losing side. Even in a sports betting, sometimes a team or a player also lose even if all the predictions are in their favor. In the long run, you lose not just money in gambling, time and opportunities too in real life are gone when we are busy playing. It's good to put less priority in gambling so you won't lose a lot.
Yeah that's why I already I stopped from gambling online. For me betting is not a good source of income, I would rather to spend my time in work and make tasks with hundred percent sure that I can earn money without doubts.
That's a good progress for realizing you cannot get good return in gambling, you do a task and you are paid for it, some great, right. Actually, if you can manage to control yourself, you can always come back and gamble. For me, it is very entertaining and good thing to relieve some stress, you are busy working so you need to relax sometimes and gambling can give us that.
5893  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: February 13, 2017, 05:47:27 AM
Due to increasing  in technology almost person want to get an alternative path of  earning. So more people join with bitcoin so we can say that bitcoin will become as a global currency.

Yes i agree to you, todays generation is very different from the past. We have so called technology, very improving and productive today. I think every year they produce new technology that can be used and useful to the people. That's why, bitcoin is famous its because of the new technology, sooner or later, the things that we don't expect will come, like bitcoin is becoming a global currency. Yes it is very possible since bitcoin now is always in social media, many people used it and it gives us the benefits that dont expect.
I guess the probability of that happening is very low, we cannot expect it will be a currency that will replace the current system. It will only be a payment system online and nothing more special than that, bitcoin can be regulated by the government and anonymous transaction can only happen if you will not convert your transaction to fiat. Always consider than if a certain exchange sites will not comply, the government can sanction them.
5894  Economy / Economics / Re: Make money from money on: February 13, 2017, 05:33:31 AM
To make money from money may be  risk full for  anyone because in this tradesmen it may be loss which is not acceptable for all.so this is possible for those person who know how to handle the business and in which business there is less probability of loss.
You are obviously a newbie, but with time and exposure, you will realize money cannot be made without money. There is not one business that is without risk and finding a business with less probability of loss is really not the same as finding a riskfree business. Besides, such a business normal turn in very little profit and so have the drawback of taking very long time to turn in something significant, unless some very huge amount is pumped into it.

Agree with you sir. In terms of business there's a high probability and chance that you will loss. And If you succeed you are very lucky. Big capital is a must, You need to gamble in terms of starting a business. Make money from money. That literally possible but when in terms of probability of success you have a lower chance to make it it's like a gamble you need pure luck. Business is a big gamble for me but if you try you will know.
That simply means you are investing, you need to risk you money to be able to grow it, there is not guarantee that you will be successful but if you do the right study and be knowledgeable to run your investment well, you will grow your money. Working is another thing, there is no risk in making money as you are entitled to receive a salary on a regular basis but it does not give you a good amount for financial success. We need to risk.
5895  Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin? on: February 13, 2017, 05:06:34 AM
First time I heard about Bitcoin this was when I was searching for a way to hide your money from the government without opening bank accounts in distant places.
Lol, indeed from the beginning you're looking for how to hide money and your identity, I think bitcoin is the only method to do the things you want it. Lol
Hiding your money to the government is not easy when you put your money online, even if you put it in bitcoin, there is a trail since you will have to buy bitcoins in an exchange sites and the government are regulating bitcoin exchange sites. Better save it in the safe of your house, just to be safe from the eyes of the government. Even money laundering can be traceable when you are hot in the eyes of the government.
5896  Economy / Economics / Re: You should never trust banks on: February 13, 2017, 04:43:57 AM
Depend on what bank do you save. If the bank still unknown and brand new, then you shouldn't save there since they may bankrupt ( as my experienced said that even long life bank still can bankrupt )

I don't think bank will close your account without reason, for example in my country, you have to have a minimum balance in your bank account. If your balance are below the min requirement for 3 month, ....

So what do you mean without a reason ?

Bank shut down your account because " you have to have a minimum balance in your bank account. If your balance are below the min requirement for 3 month, " as you mentioned

I think banks had gone beyond the minimum account balance, we have zero account without being close but for the period of inactive account it is need with a longer period( possibly 1 year), for cases of death of the account owners. However, If bitcoin remain unacceptable by the government, with fewer store accepting bitcoin, fiat will be a legal tendency in most of our transaction and to avoid money laundering, bank will still remain the solution

In cases of death, as you mentioned, the bank account will be kept active for a year or so and the sibling of him/ her will collect the money stored in the banks. However, in case of bitcoin, how will those bitcoins be recovered and the only option to recover bitcoin is through private key and the dead person cannot tell the private key. Maybe we should think on how to tackle this problem.
It's not a big problem if you understand how the system of bitcoin works, if you have a good volume bitcoins stored in your wallet, you will have to make an initiative how are you gonna  give that to your family in case you die. Banks is legal and when a depositor died with outstanding deposits in banks, the family will receive the deposits on depends on what will be the last will of testament of the diseased.
5897  Economy / Economics / Re: Do you Still believe in Fiat? on: February 12, 2017, 12:26:43 PM
Yes, I still believe in fiat because why not? Our world is being supported by fiat. So if there is no fiat then our world will be like the old days that just doing barter because we don't have money to use to buy things that we want. But i believed that someday, bitcoin will be one of the popular currency that we were going to use and it will be huge help for the bitcoin community.
yes still we do not have any option. Fiat is the basic for leading a good and standard life. although bitcoin is the next growing online currency, but still it cannot take the fiat place. it cannot over fiat. and we cannot totally depend on bitcoin for living, as bitcoin still cannot fulfill all our needs that fiat can do. may be in future when the number of bitcoin users will increase it can contribute a little more but currency we are depending on fiat.
bitcoin is the second option with us but i think it require a little more time and after that we will be able to buy any thing from bitcoin and hope that very soon we will be using bitcoin in local shops for buying and purchasing everything we want to buy.
It is a real desire to bitcoin fans, but the reality is quite different. If the state supports its banknotes even laws, and bitcoin has no such support, and at the slightest threat to Fiat, will apply the measures.
There might be a support but not the same support with fiat, it was created by the government therefore it is just right that they will have to fully support it. Bitcoin is not a currency but just a payment system, this would have no value at all if there is no fiat as a basis of measurement of its value.
5898  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: February 12, 2017, 12:13:36 PM
Yes, I think so.
We have to be aware that bitcoin probably will never be accepted by financial institutions, banks, governments etc.
Why?
Simple because they can't control bitcoin, its value, currency exchange, manipulate in Forex...
So, we will  continue to receive a salary in hard currency, pay off loans etc.
So, I feel that bitcoin may replace paypal and become new online payment standard but bitcoin will mostly stay in online world, I think.
There is no doubt it will happen very soon, bitcoin will dominate the online payment system and we should be ready when that time comes as I believe the price will also follow. Bitcoin is something that we can consider a good investment now, we have to put our money in the future as the longer it exist, it progresses and alongside with it, we have to grow as well financially.
5899  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: February 12, 2017, 12:00:06 PM
No, I do not feel shameful, I even at the inverse feel a bit proud of this, in the sense that I am quite talented and manage to get some little profits.

During my gambling days, I also feel lucky, and most of the time I am winning, that is why I am not ashamed to tell it to my wife... But later on I lose one time and I realized that I shouldn't have proudly told it to my wife that I am winning in gambling, as she is always expecting a win from me since that time... Then I quit...  Smiley

You feel proud and tell everything to your wife when you get luck, when you often win the game. It was very normal, because you definitely want to make your wife happy, and you know he would have been happy when you win. But when you lose a fortune, you were embarrassed, it was also normal. In essence, gambling can become a proud and embarrassing, depending on the situation.

Whether I lose or win from my gambling actions, for sure I won't tell it to my wife. She will not proud even if I win a huge amount of money. I have to lie to her, everytime I give her some money beside my monthly salary. I told her that I got the extra money from trading and she trusts me and doesn't make any further question.
Therefore you should not break that trust, you can in gambling for fun only and focus more on trading as obviously it can give you a good return than in gambling. For me, I believe my wife deserves to know what I am doing, for the reason that I do need her advise from time to time.
5900  Economy / Economics / Re: You should never trust banks on: February 11, 2017, 07:20:34 AM
As if we were not opposed to the banking system and the banks themselves, it is still necessary to understand that we are not forced to go to the bank and used to take the credit, or give their money to the account. This is purely our decision each. And if there were problems, it is only because of our own.
We should not trust bank. I think bank system could advers us. But to close an account, the bank must have its own considerations about the decisions they make. The consideration which involve many parties.
If you do not understand how the bank works, definitely you will not trust it, the same with bitcoin. It is better if we know what banks can offer us before we say that we do not trust it, the fact that they can close or freeze a bank account, we must understand that they are doing it based on the law, otherwise they will be penalize.
Pages: « 1 ... 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 [295] 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!