Yes, I think it works in a very systematic manner like when the price is going up then everyone just buys since we all know the price will go up and this buying results in a higher value again and this keeps on continuing unless a big holder decides to dump their coins.

Once some people dump then the whole community starts selling and that results in a downfall ( though that is temporary ).

The basic problem is that people think if a coin's worth is getting low then its getting dead. This myth is completely wrong since a rise and fall in price of a coin is totally dependent on the users of it. If gold becomes a little costly or becomes cheaper the next day does not means that gold would be useless and dead, exactly same is with bitcoins. No matter if price is 10000$ or 100$ its worth every satoshi.

I never bother about the FUDs made by people here or everywhere on the internet. Moreover we must treat them as a free promotions for bitcoins. Practically gossips works more better than intensive advertisements. lol

Fortunejack casino was excellent and I used to play there a lot unless they got red trust here. After which I had a second thought and stopped for a while, basically why I love their dice game is because they show the seed next to our bet and we can see it changing with every single bet. Though after they have been neutral again ( trust rating ) now I would play there for sure soon.

Yes, referring this forum would be more than enough to find the reliability of one dicing site. When scam site admins are negged, we can easily avoid them. I do always check here for choosing a gambling site and adding bankroll to them. So far I gamble safely with this community.

Actually mate a gambler on bitdice won 300 BTC and not the house. And with that sort of winnings you come to know about many things at bitdice, one of them is that Alex is honest and the other thing is that Alex never block your winnings and withdrawals.

I have been gambling there since a long time and I am quite happy to say that I am the part of the largest and most trusted bitcoin gambling community.

I think that's obvious but actually there are certain strategies that way better than others. Like I have seen gamblers betting on 90% odds and 10x on loosing and reset on winning.

While I am not criticizing this strategy but this one is much more dangerous and low paying than the one I am currently suing where I bet on 40% win chance and double my money on loosing. Actually its like martingale and on winning you get much higher, working cool for me though being too greedy ends me in loss.

HYIP is one thing that I recommend everyone to stay away from because the loop is made in such a way that at the end you will always loose only.

HYIP is like gambling you win some and you get greedy and loose all, worst than gambling in fact because in gambling at least you can get lucky and win a lot but in HYIP owner won't pay from his pocket for sure. Please dont suggest such things mate especially to those who are starting now.

When you are having more than one confirmation for your technical analysis, it will always good because two different scenarios will not get you wrong predictions.

For technical analysis itself you must have more than two different analysis tools after that you need to compare it with other speculations. I'm not going to say, using all these you will get accurate information on when market bump will start. But some of theese approaches will help us to predict more than 50% accurately.

Not just in altcoin trading, even with bitcoin trading is we are aiming for earning fast, definitely we could not achieve that. First we need to understand how trading will work for us, trading will give profits time to time but definitely not on regular basis nor in quick time too. Yes, slow and steady progress along with gaining experience will be the right approach for beginners in trading.

If we look for quick profits, I am afraid then traders will not find no differences with their trading from gambling. Improper approach in trading will make your trading similar to gambling.

I agree when we are having some professional traders to guide us, there would be no need to learn from books, we can simply learn from those professional traders. Still no one will be having enough time to guide you for each and every aspects of trading.

That is the reason we must learn from books. Mentors will guide you to some level, for in-depth knowledge the must need books. You cannot ignore books and internet resources at current lifestyle learning approaches. They are eternal part of our learning processes.

They keep it for long investment ? What you mean brother because I have never seen a site that digest your money and rather than giving you bitcoins in return gives you a promise of paying with interest ..

Please can you tell us what actually you meant ? I am sorry if I missed something but really confused.

Peer to Peer you mean you meet someone online and buy ? Because I am doing 99% of exchanges like doge/btc, eth/btc peer to peer only.

I totally agree, bitcoin is now more powerful than ever and the current price is attracting more and more people to the bitcoin world, which makes it become more even popular and that will make the price go even higher and that is a good thing for us, aside from that more people means more investors interested in it.

But I believe this bitcoin community will find their own ways to survive among government restrictions. Because basically bitcoin does not need any support from governments. Hence its survival also does not affect with government's restrictions.

Not really sure, it is really hard for me to believe that someday that all the world is going to use the bitcoin, I mean we all know that the bitcoin is limited and if more people keep coming to the bitcoin community we don’t know how much bitcoin will be left, maybe in the future bitcoin might get replaced by another similar currency, or some new technology will allow us to have more bitcoin.

I read somewhere the basic unit of bitcoin is going to change into satoshi, so that we will be having more number of bitcoin users to be accompanied within bitcoin ecosystem. In that case we will not lose value of bitcoin but we will have more bitcoins and more uses and of course high value for our bitcoins.

So what are you saying is that if bitcoin based service or company is going to pay their workers with bitcoin right?

Well, that is not true, it is not profitable for the company itself because bitcoin’s price is constantly changing and if they pay you 1 btc at $1000 today, tomorrow it could become $2000 and it’s not profitable for the workers either because 1 btc could be $1000 today and becomes $500 tomorrow.

But panic selling would bring the price down, isn't it ?
I mean the more orders getting filled at cheaper price would mean less orders at a higher price and hence a low overall price of bitcoins.

Growing community hasn't played all that big part in the rise and change of price because you see the price almost doubled up and the community hasn't even grown 25% in this much time as compared to original community. Maybe there are some big investors in bitcoins that have caused such a rise ?

People should that we all know but how and what way none knows I think .. I would advice everyone reading this post please relax for a minute and think again why you started gambling ?

For little profits and basically fun right ? And now you are simply chasing money, once you realize what I am saying you might know when to stop and when to gamble and when not to. Just saying can't help you have to feel it from inside.

The future of bitcoin is no doubt dependent on the number of users using it. But, we should not forget the fact that investors play the major role of the economic development of bitcoins. Investors feel free to invest here as freedom is provided, more people will be willing to invest here the more economic advancement will be made in bitcoin.

It is highly being believed, mass adoption of bitcoin has been already happening every part of the world. So we can expect the economics of bitcoin is going strong everyday. Hopefully bitcoin economics will lead the world for sure.

Rather than a big investment or big amount of bitcoin it requires experience and you have to overcome the fear of loosing money and then you can become professional trader. But there are many successful traders who perform trading with least capital still in professional way.

A big investment is also require but the main thing is not money. So, if you are new in trading start with less amount spend 3 to 4 month there learn all the ethics of trading learn the market rule than invest I think it will be good for you.

It is hard to find that believable, I personally don’t trust anyone when it comes to the price of the bitcoin I just look at it at my own prospective and decide what is best, and if the price is good enough for me or not.

That must be the real situation of one hard core lover of bitcoin systems. They will not bother about the price levels of bitcoins whether it is standing up or falling down nothing matters to them. The only thing for them must be keeping checking on adoption rates of bitcoins by both merchants and individuals. Because, when we are having main stream adoptiuon we can start using bitcoins similar to fiats, then we never need to worry about prices of bitcoins.

Yes only through experience we must decide about how much amount we will be requiring for trading.

The amount of BTC definitely will not decide whether we are trading as professional or not. But only the results of our trading and how much profit we are making will decide whether we are performing like a professional traders.

From my experience it is always good to stick with small capital for trading purposes always. Because even professional traders also doing trading only with small capital.

From staying anonymous while gambling to easy transactions between house and our wallet, the conveniences we can get from using bitcoins for our gambling needs must be very much inspiring. Till some times back, we were finding low transactions fees as another big advantage of using bitcoin payments. But for time being, we are having more transactions fees with bitcoins, but it will go back to normal very soon.

Yes, there are lot of conveniences to use bitcoin as a currency for our gambling. Bitcoin has already find a big position with gambling industry, I believe this might help both bitcoin as well as this industry. Bitcoins has already proven as the leading factor for the bright future of gambling industry.