Maybe gambling as its just around 4$?
Maybe you can earn double or more and then buy some altcoins
i would always suggest against gambling, it is not a way of investment and you should never even suggest it to somebody who is looking for an investment. as others have mentioned, you can invest in altcoins even if you want to gamble, then bet on altcoin prices. |
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People are eager for new things but bitcoin got a bad name because of the media. It's wrong but that's the way it is.
I guess bitcoin needs to proof itself once again.
Well, but the media has attracted more 'bad people' to use Bitcoin since they give a 'bad name' to our Bitcoin. There is no need for Bitcoin to prove itself, people just need to use their brain and don't trust every piece of the media words. +1 for this, all the news about bitcoin only elaborate about scam, ponzi, and crime. not the good side of it and people who never use it believe what those media wrote.. Yeah those media are really trying to put down bitcoin but they will have to do a better job and bring up also the good news that bitcoin can bring to the economy. the trend has been changing lately it is not like before any more, especially in other countries except USA. the media and the government has been more accepting towards bitcoin in some countries for example Japan is considering announcing bitcoin as a real currency. |
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5 second confirms.
(1 second confirms dare I even speak of it?)
it is 1-5 seconds to send and then receive a transaction and that is the only important part, the customer scans the QR code and clicks a button and the shop receives the coin. the confirmation is going to happen in a couple of minutes max which is not important to real business owners like a sandwich shop. the risk is same (even lower) as risk of getting stolen credit card or experiencing charge back |
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You can earn for a living with bitcoin if you live in a 3rd world country.
Well that's true, in third world country a simple meal would only cost you $1...But still, it won't be easy..The volatility of the price could result you hunger and not to mention that some sites to earn bitcoin in third world countries are blocked, and also the ISP's sucks!!!...So it is still not advisable to rely on bitcoin even if the cost of living is low.. I disagree with the ISP problem, in the marketplace and in the city, the internet is quite good. $1 is already a good meal here, I personally just spend 0.75$ per meal and it's already a lot of food. I believe you can earn enough bitcoin in order to maintain your daily life here in a third world country. Still, in places where signal is scarce, and DSL sometimes don't have offices in far flung areas the internet sucks there, marketplaces and cities are then okay when it comes to internet and power stability...Oh yes, foods not more than $1 dollar is very good enough for a single meal(soup,vegetable and rice), not to mention those cheap foods being sold from around Php5 each piece..But still, it won't be enough if there are people who depend on you... where are you guys living? i am living in a developing country but there is no food (a decent food) that costs $1 the worst fast food in sandwich form will cost at least $2.5-$3 |
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instead of insulting other forum members, just use another exchanger.
luckily there is no lack of good exchanger for trading altcoins, check out bittrex or go to coinmarketcap.com/exchanges/ and choose one of the exchangers listed there. nobody is forcing you to use poloniex, i have left their exchanger a long time ago and now i am happy with bittrex.
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The difference is that Bitcoin isn't being stored in banks like fiat money is. That's a huge difference. Banks are always needed. If Bitcoin at some point gets its own value, then still banks are still needed as Bitcoin will most likely always be tied to fiat.
Indeed, if the physical coin of bitcoin becomes a trend. For example 1 btc coins, 1mbtc coins, become a trend, then a bank might be necessary. But we can not assure that since they are just coins, banks are used to store and secure paper money though. i doubt if ever physical bitcoins become a thing, they will always as they are now will remain some sort of collections. bitcoin is all about a revolutionary technology to change things not go back to the old fashioned ways money used to be. in that case there is paper money why should we even need bitcoin! |
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seeing these thread again i'm so curious now for those already investing at bitcoin casinos does they are really get profit from that? and how the distribution of profits because i really don't understand but i would like to know more about that
yeah, me too. i wish someone would have came back here and reported back to us about how much they have invested and how much they could earn. it is always much better to know these things with some numbers instead of some abstract thing. |
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First of all thank you all for your feedback this help us very much in improving our website, i will try to reply to all your question. the cost of ticket is very high, generally lottery in bitcoin have low price, not this:
10 $ - 50 $ - 100 $
who can guaranted, later you have sell all ticket, don't close a site and don't pay?
We are now working in reducing the cost of the ticket so that everyone can test it, "who can guaranted, later you have sell all ticket, don't close a site and don't pay?" well, how can you be sure that the owner of satoshidice or coinroyale or any other bitcoin gambling website don't run away tomorrow or in one week or one year ? these sites have built up trust within players, when they opened for the first time their website i don't think that they got immediately the trust from the players, and it's the same thing for us, you need to play and see by your eyes, i don't have the power to convince you to trust us. is little bit different. All dice site have start (but already more are trust member first to start a dice), but start with any free promo, with faucet (and more player play whit this). your site is a lottery, you can leave all doubt with any trustable escrow at least for the first times exactly, you can not compare a lottery system with dice sites, it is so much different plus all those dice sites have a provably fair system that anybody can check his every single bet with the hash codes they have. is the lottery system of you have such a similar feature to check how fair the winner was picked? |
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Thanks for all the replies guys,
Its been very helpfull! But since the power of cryptocoin is that it can be
devided into very small pieces, it doesn't realy matter what your buying power is,
since you can either buy $20 worth of an expensive coin or $20 of a cheap coin.
So the only difference is wether the market is volatile right? So isn't buying bitcoin
when low and selling when high practically the same as trading altcoin if the market
is volatile?
it is all the same thing, but the times are different. and also there is a very big difference between bitcoin trading and altcoin trading. bitcoin has always been a bigger market with more stable prices while altcoins are a variety of things, they are scams, dead coins, .... a lot of altcoins are super volatile to a degree that the price can go 700x in one day or it can go minus that amount in the same amount of time because the market is smaller and there are whales pump and dumping them. |
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I buy bitcoins because it is helping me saving my money instead of spending it. At the same time I can even make more money by investing in these bitcoins. That is the only reason I make use of Bitcoin.
that is actually a good plan, i have never looked at it this way, you can save up money if you are a spender and at the same time have more money when the price goes up. but it is good as long as you won't get tempted to get into gambling, since there is a lot of games and it is a lot easier to gamble with bitcoin and lose all of it. |
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Good points but unfortunately in where I live (Iran), only one merchant accepts BTCitcoin directly and that's a shoe store. I still can't use it on a day to day expenditure since all other indirect options are forbidden as well, mainly due to their nature of being connected to an american brand (AFAIK in cases of most BTCitcoin debit cards that I know), in which automatically restricts me.
did you actually use that shoe store in Iran yourself and saw the bitcoin payment? because i have only read this a long time ago in a news that there is a shoe shop that accepts bitcoin but never saw that in person, and search for their website or something but i remember that i wasn't so successful. |
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I don't have a HUGE strategy, just waiting for price increase and will sell my coins. Easy way to get money, no need to be so smart to do this  Lol I think you need to calculations done for this. even before you sell them when prices rise. you still have to analyze first. because a lot of people were disappointed. after they sell their bitcoin but bitcoin prices continue to rise. and it makes them feel regret so of course you need ingenuity to this yeah, that is just too lazy to do this. ofcourse i am doing it also but i don't do it with all my bitcoins. i have some money invested in bitcoin and put it away in cold storage for the future price rise. but meanwhile i am not sitting ideally by and waiting for something that may happen. i am trading and investing it constantly to earn more in the meantime |
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The halving is indeed coming for Bitcoin, only nobody will ever know what can happen with the value of Bitcoin and that is the problem, some are thinking that it will keep stable.
But the most are hoping that the value will rise in the future, but we cant control it.
Not necessary to see it rising only as the price is already high currently if you see the charts correctly, as the price was $210 before and now it is over $420, so do you still think that halving's effect is yet to be seen??? Whatever you will see will shock everyone... since it wasn't a sudden rise then yes i am still waiting for a halving rise (or a bubble) to happen. the rise from $200 to $420 did not happen in a short time not even 1-2 months, it tool a very long time with slow and steady rise to this point with a lot of ups and down. i like to believe that is just the natural growth of bitcoin from $1 back a couple years ago to $420 now excluding the big rally. |
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i would most probably do what most people are doing these days, put it in a safe place and wait for the future rise.
but also since i am already trading altcoins i would invest some of it in buying some of them that i feel are going to give me back a good profit like LISK.
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Maybe you can try to make business or service which accept bitcoin as payment. I think it is good idea to make any cash from your own effort. But on the first, you must think what would you sell or give a service to your customers
Getting into your own business is a good way to double your bitcoin in due time you just need to plan carefully what is the best business out there and try to evaluate the cost and how much money will you earn in a month. it is not as easy as you might think. first of all you will need a team if you are looking for a good business it can't be done alone. also you will need a decent capital to make an initial investment. and in the end you will need a lot of experience in the field or else you will just end up losing more than you could earn. |
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yeah but any time a tx is allowed to disappear from the system is a huge problem. i understand its well known.. i understand its up to the sender to include enough fee.. but the fact that they dont have to, and if they dont they get their coins back after a couple days.. its a problem. its big enough that it will keep merchants from using bitcoin.. specially after they lose a few this way.
yeah, i understand the problem but it is not that big. and the solution is easy. if the transaction is small like in a coffee shop nobody is going to scam for a couple of bucks so no need for worrying in general. also checking to see how the priority and amount of fee included is not hard it can even be done with a simple code. also the payment can be done through some services like bitpay or offchain transactions. and if the transaction is big they will wait for confirmation (3-6) just like waiting for a bank transfer (which can be a couple of days) so the senders time would be wasted if he includes 0 fee. |
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...
I don't use core so I can't rebroadcast txns.
I tried block chain broadcast system but they says transaction already there.
use eligius.st you can push them yourself through their node. http://eligius.st/~wizkid057/newstats/pushtxn.php...
if you save those raw transactions i think you can keep rebroadcasting it.. until he spends the bitcoin and it gets confirmed
unfortunately this is a huge flaw and will be a major set back of bitcoin becoming a currency.
he can do that until the owner spends those inputs and the transactions become invalid because they have already spent inputs (double spend) and this is not a flaw, the guy sends the transaction with 0 fee so it takes a long time maybe never to confirm it is well-known. if he had included enough fee then 0 confirmation was ok because it would have been confirmed within ~10 min |
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if you are talking about coinbase i don't think they have closed account indiscriminately, their rules are shitty, that is all. besides coinbase is only good for a newbie to buy bitcoin in an easy fashion and then take the coins out right after purchase. if you are looking for a loose exchanger  check out btc-e.com they don't ask for any information from their users either. |
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nice find. although it would be much better if we can sort the list by their price per month. New user with a link, i bet it is his own site. So can I make a request here? Add the cost to the list, and the minimum payment for minimum time to use it. yeah, i don't like clicking on links like this either, and that from a new user with only 1 post to advertise his site just to get traffic. and also the price is the least important thing about a VPN, you should look for things more important than that like dns leak, their log keeping policy,... |
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is trustforum paying you guys to advertise for them here?
i keep seeing the same topic here, advertising that forum. i don't see anything useful there. there are a lot of forums that i prefer instead.
besides their payment is a joke, the $1 payment was only paid to a couple of users and the referral payments are the same too, it has all stopped.
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