the fun in gambling is losing money...  but if you win thats better:) Losing money is not the amusement in gambling, The fun in gambling is the thrill, excitement and challenge that you are experiencing from it, You will experience it because of our thinking that if you have something at stake, then that makes the game more exciting and thrilling. And also the fun in gambling is winning something from it, and not losing all the way. I never thought that losing money in gambling can be fun. Because everytime I lose my bet I always feel tsad that I have done a mistake and why did I not bet the other one. You won't experience the fun in gambling until you win some cash that's why most casinos I know that you are new in will let you win at first and you gradually lose it. |
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It would be nice, the globalization is occurring at a very fast rate right now , and btc will be the glue that sticks all countries together, in my opinion. Also people will be trying to get out of the fiat currencies they hold right now . They lose faith in their governments after a few economic crisis. This may happen, whether sooner or later...
No, it won't be a glue that sticks all country. Before start thinking that it can be a glue think about the governements first if they will allow a 2nd circulation of money. And fiat won't ever be replace by bitcoin as fiat is the basis of BTC's value. And almost everyone needs fiat as a mode of transaction as not everyone in fact only a few accepts btc. BTC needs to be recognized by law first in order to succeed in what you want with it. |
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Mining is good if the electricity is cheap. You need to do the calculations first and then start the mining to get rich from it.
Even if the electricity is free, there is no guarantee that you are going to get a ROI from your mining investment. The cost of the mining equipment now comprises for the vast majority of the capital, for a mining venture. As a matter of fact, the vast majority of the small-scale and medium-scale miners never recover their initial investment. I were about to join bitcoin mining two years ago, then i realized the cost to buy the equipment and the potencial return would take me atleast 8-14 months to roi, with free electricity my partner had. But well i were lucky my friend didnt wanna it and i had just bought some bitcoins and roi in less then 4 months with the investment. thats true, mining is not profitable for a really long time right now thats why i never do it because i would just lose money There are other factors aside from electricity to determine if you have the chance to earn money in mining. Like is your equipment new or old and does it need to have maintenance frequently? Does it have a proper cooling system or you are located in a humid area. All of this will greatly affect you in terms of expense as everything I told you are probabilities that you will lose more either you earn money. |
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I would like to add that it's better for you to make your own research and study, as believing at peoples advise will just confuse you a lot. Even more on people you are talking online, they might give you advise not accurate or too much details that not even are true in the first place. As the saying "Caveat Emptor" is a popular for all traders in which a buyer must be the one who assess the product not from someones own words.
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I would not say that you win only I. The beginning in gambling. It is not like that at all. It sounds like they get you to win to make you addicted and continue to play. Gambling is addiction and nobody will argue about this. But it is human's fault. Cause it is in our nature to wear pink glasses and expect that soon we will hit jack pot and be rich.
Exactly, we, humans always get addicted of something when we see any profit at starting eventhough we lose everything later on but we still does not stop and expect to win big amounts and that makes us lose all the time. That's true, I heard a lot of story just like that and mostly, gamblers are have the same story but of course not all of us buy most of us really getting addicted because of that scenario. They don't know how to have self-control and how to control their greediness. Gambling, just like any other things in life, when done in excessive way, is already bad and can be considered as a sickness. However, if you just gamble for fun and moderately, which is by the way gambling is designed at the very beginning - for entertainment, then your are not sick. The only time it is bad is when you become too much addicted to it that you already spend money that you cannot afford to lose. Gambling can't be considered as a sickness as it is not viral, I watched poker online and I considered it entertaining rather than some kind of form of money making. Also gambling is treatable without taking any drug you can be treated just by family, friends , or rehab. |
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I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.
We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing. If the markets were that easy to predict, we'd all be millionaires by now, heh. ETC volume is still reasonably strong compared to other alts, but ETH is back to being the main attraction and ETC is merely a sideshow now. Still not holding much of either, though, as other alts can deliver all the same features (which they had before ETH went live) and are still much cheaper to invest in. ETH is way overpriced for what it is and relies mostly on hype for its network effect. If price as of today double will you think that Hard Fork is a bad thing? How about they just doubled the quantity of Bitcoin that can be mined and go to 50 BTC per block reward atter that? The result will be is that we will have the same price and will have more BTC in curculation in the future. I hope its not a bad thing. |
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It is not stable. Unlike the usual currencies which the government has the control. Plus it usually depends on the people that uses the bitcoin. If I keep more of the bitcoin and so my friend and other friend then its price would goes up because of the scarcity of its existence or the numbers of bitcoin on the market. But if many will sell their bitcoins and floats on the market then its price would go down. It is usually dependent on the people that uses it. It depends on the demand.
Scarcity of Bitcoin does not exist its just simply volatile because of the demand and how new bitcoin is new to the currency world. Although its not the universal currency yet it acts like one as many companies and sites are accepting bitcoin now. That is one of the factors that make bitcoin attractive to both consumers and suppliers. |
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I think we should not expect more for a high price after halving? halving, expired several months ago. and I thought nothing would happen or no effect whatsoever on bitcoin
Well several months after halving you have been right about it. It did not have any affect on the price of bitcoin, Because it just affected the block rewarded in mining not the quantity of Bitcoin. The prices until now ate volatile and I am waiting for it to hit the 700$ mark again. |
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it is hard to leave gambling. maybe you should have a new hobby more fun as playing games or hanging out with your friends or more
Its really hard to leave in gambling if you don't try to live but if you try to leave gambling you can just dont play gambling every day just control your self and everything will be fine i know because im addicted in gambling too where i control my self to not to play everyday. This is one of the best way to eradicate some form of addiction. You know, addiction comes from a habit - this was the first time you gamble and then regularly bets everyday or every week. Before you knew it, you are already hook and is already addicted to gambling. Well, one of the solution is to create a new habit - the habit of not playing anymore regularly and maintaining that for couple of days, weeks, and months. If you are addicted to gambling then even trying to leave won't have any affect on it. As gambling will stay in your head forever, not unless you go enter into some kind of rehab that specializes gambling addiction. Also going to talks that I know are free can help you. Because you will know people who has the same experience as you will help you release some kind of stress in it. |
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Can the New York Knicks reverse the trends that have worked so hard against them the past three years and return to the playoffs this season? I think they can, with an upgraded line up they should be more confident going forward. Health issues and familiarity might be the biggest obstacles to them going deep in the playoffs. But they should be ok, given the weak competition in the East (compared to the West).
I think they are a talented team and will make it to the playoffs maybe an 7th or 8th seeded team for me. But sadly they will not make it to the next round as they will face the either of the top 2 teams of the east. So what do you think about the Minnesota Timberwolves? I know they are still a young team but they certainly have the talent to win against greater opponents, such as defeating the Warriors. |
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So I got 10 btc the most reasonable solution is to put the money in a business or invest in a good bank. The fact that the wait will be bitcoin records on its value, I will not.
Invest in a bank? Like in any investment product or simply in saving accounts? As keeping them idle in saving account will pay you interest in peanuts, better choice is to hold 10 btc for future. Yes I agree with you. Basically banks eat your money inflation wise. I don't see bank rates so attractive enough that I won't be looking for other investment, well there are not too attractive. Also there are no such thing as good banks anymore as almost all banks have the same interest rates now in which no one is competing for a better one. |
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Why not? Buying a house would be financially wiser than renting one. There are rent-to-own houses available in my country but I guess there's not any in OP's area. Having your own house is so convenient, you can do what you want with it. You can extend it, paint it, whenever you want simply because you own it. Also, a house could be an investment as well. You could buy it low and then sell it later for a higher price.
I think the question OP is asking needs an answer financial wise, not what can he do with him owning a house besides what you have told about it can be also done by renting one, it depends on the agreements. But yes OP is right about buying a house to don't have a problem with mortgages. It's either you have a problem paying it monthly or paying it one time and having not to worry what to do with the monthly mortgage. |
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Cryptocurrency trading is quiet new compared to the stock market its more highly unpredictable. For instance compared to IPOs? The ICOs are highly pump and dump they will highly hype up the new cryptocurrency in the market saying its the next big thing and it will be higher than BTC all , after all the hype just to get the prices up they will sell it and leave the people they fooled its the future. Well it is not new in the trading world but IPOs are much safer.
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Gambling is not made for kids without any doubts, gambling is something that kids should not do these days.
Its very addicted and they will most likely ruin the life's of their parents.
Well it can be a major drawback for the kids as well. Imagine a kid was thought/influenced first in gambling before studying subjects and ethics would you think he or she will grow up with a proper life or even have a decent job? I think not as it will make them be reliant on gambling as a way of earning money, entertainment, and having fun. The things thought people while their way young are the ones that stay at their minds even if they grow up. You don't want kids to grow up just to be feeding casinos their money or worst other's money. |
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I can not say with much certainty a way for doing this, but I believe that with the proper monitoring of the price in the market and with patience, you may perform some good trades.. but I have to say, doubling it in the short term is a very difficult task..
we must be patienty to double our bitcoin, i have some idea : 1. mining altcoin, in 1 year you get ROI, then next year you can double it 2. trading our bitcoin with small profit maybe 10% permonth, you can double your bitcoin in 1year Mining and Holding altcoin does not guarantee success. Also how will you ROI for a year if the prices of what you mined does not move at all? By the way what are the altcoins you mine that you are expecting to grow a 100% in a year? What process did you use in picking that altcoin to mine? Trading also won't insure 10% gain per month, life for the month of August - September 1 the prices only move from 560-580$ at what rate will you get the 10% gain in one month? |
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Get rich by doing something you love to do and do it extremely well.
Whatever it is, you'll be happy doing it, and being rich won't be as important.
There is a statement for that, I remembered my teacher saying that you must choose what do you want a job or a career. A job is where you get paid a large amount of money not doing what you want while a career is where you do what you want and get paid less. Either way its different than each other. You are lucky if you are being paid well by doing what you want. |
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It can even be 5BTC without compunding interest. Just be careful not to set up your investments with scheme sites; check and research first before you can start.
Sure even 2 or three btc will be good enough for me. That is the first thing you should do if you have that amount of bitcoin. Never ever try to put that all to only one investment site. Have an advice from your friends who are into or almost professional when it came to investing with bitcoins. You may opt to do some trading for yourself to have more income. 2 or 3 btc will not give you enough profits as you will invest all of them and if something goes wrong then you will loose everything, better choice is to invest 5 btc and save 5 btc for future. Why do you have a problem in investing? Also why will you accept 3 BTC and try to grow it? If I were you ill take the 10 BTC convert it to fiat when Im comfortable with the price and put it all in stocks. After I graduate my degree Ill use that money to build a business in which will help me together with my job's salary. And no even after I got 10 BTC I won't stop earning btc in the right way. |
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One of the nicest thing about Bitcoin is the ability to use Bitcoin any time you want. That is why i do not need to quit my day job just to full time on Bitcoin. I just do my Bitcoin thing every time i have break and my day job shift is over. I can even do Bitcoin during on my way home while in a cab.
That is so hard working of yours, even in a cab you do your job? That is really awesome, anyway time management is very important in order for you to do your job the right way and you can earn on both from your day job and your side job. Agree time management and you can do it though yyou are so tired from your work. Bitcoin is my sideline annd i do have a full job  . But after my full time job and when im home i just open my computer and start my second job. Though you are tired you just enjoy it so that you can earn But never put your real job at risk and do not ever come to the point that you need to sacrifice your real job just to do your task in bitcoin. Time management is important but knowing your priority is the to succeed and our priority is our real job or main job not our side job. Quitting your job for Bitcoins is the worst idea to think of, think of it this way will a CEO of Microsoft accept an internship at Google? The simple amswer is no except he is not looking for money. Bitcoin despite its price today is still not enough to earn a living. You can't just rely on faucets and other sites that earn a little. And if you did quit your job you'll find out soon that being on the computer all the time just to earn bitcoin is harder than your real job. |
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It is a decision of each individual... I would say that we should trust it because it's a relatively stable cryptocurrency, and it's becoming a worldwide currency, used already by a great community.
You mean an unstable currency. But everytimr it goes down it finds its way back up. So if people think that it is just another thing that will be going down in the future then they are really wrong. They are too much frd with bad traits about they didnt even understand first. Bitcoin is stable for the moment and we have seen it grow substantially this year alone, maybe he was trying to say that bitcoin is volatile. It is volatile actually since we are still in the early stage and the number of users is not that huge, but I like it because I can trade successfully. Volatility means that bitcoin is not stable. Well if it shows an up trend at least for 3 months with little correction you are right, but you are not price changes range from 500 - 700$ that's not what stable looks like. Also OP must ask himself why did he join Bitcointalk.org in the first place if he is skeptical about bitcoin. Don't worry your btc is safe with you as long as you don't invest it in something in the internet. |
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you misunderstand the notion of hate to hate someone or something requires effort+ bad experience or just malicious nature the vast majority of people on this planet are totally indifferent towards bitcoin granted that the amount of those who know what bitcoin is is less than 10% (ballaprk figure do not hate me pls  ) of the total population I would say bitcoin haters comprise a relatively small group You are right I don't that the hate from people goes to Bitcoin directly, as Bitcoin is money I don't know any people who hates money. What I know they do hate is scams an ponzi well the not paying ones at least. People who have tried Bitcoin had used it as means of investment in which Bitcoin does not have yet. But people who sends there hard earned money for nothing will really make you hate what you are doing. They must not blame Bitcoin but themselves. Scams are everywhere even outside the bitcoin world, if people falls victim of the scam it is still not right to blame bitcoin for their negligence. It is best that they should learn and try again. You don't try again bro. As trying again mean registering into another fake company online saying that they are registered in UK. Trying again will lead you into losing your money and it won't do any good for you. It will give them the hate more on both investment and bitcoin as they are not seeing any progress. |
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