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So our platform want to give back, from every prize you win a percentage goes to the charity of the month.We think that benefiting people who can not stand for themselves is an important part of being human.
Lmao. Benefiting people using other peoples loss? That's hilarious and worst way to donate to a charity. You are making gamblers suffer while trying to help other people. Think of some other way to help them. |
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And do they have a future in general?
I think regulation can be good...right now just seems like there are so many (potential) scams.
There are many ICOs out there, but most of them are just pure scams. Most of the developers remain anonymous and just runs away with your money. Some of the projects don't even have a working platform. And most of them gets dumped and dies. |
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Your friend is a bit dumb I would say. He thinks that if you store the money in your pocket, it will stay anonymous? Nope. Say someone withdrew the money from the bank. The money can be traced all they way to you! And you can not be storing thousands of dollars with you, can you?
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It's all about control to be honest.
If you feel that you are not in control of you gambling then I would agree it would be time to stop it and completely cut it out of your life.
Because it can ultimately be your demise if not kept in check.
Never bet more than you can not afford to lose.
That means not being able to pay for groceries or your months rent so you are able to live your life right.
It's very easy to tell people to stop gambling. But its not really that easy as you think. Once you start, its hard to stop. You win, you play more. You lose, you go back to recover and end up losing more. I would say never bet, even if you can afford. Cause a time might come after you gamble you won't be able to afford anything. |
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Actually it make sense to generate profits by investing on cloud mining.
Mining will be profitable if bitcoin price increase over time, as the difficulty increase as well due to more and more mining hardware get into business.
But, consider the risk; you can't control the profits as "cloud mining owners" will decide how much you get, based on their income every hour or every day. Look at genesis mining; many people claim it's not profitable anymore due to some reasons and hashflare seems turn into "shady" business recently.
So, if you want to mining, just buy ASICs hardware and do the real mining in your place instead of buying unknown hash rate from cloud mining which you don't know whether you get fair payment or not.
Not really. Most of the cloud mining sites are just pure scams. They are just ponzie schemes disguised as a cloud mining sites. You give them money, they pay someone else with your money. When they attract huge amount of users, they end up running away with all your investment. So it makes no sense to invest on cloud mining sites. Better to gamble then invest on those shit scams. |
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The increasing value of bitcoin has made exchanges prime targets for hacking and thus has made hacks there quite lucrative.
The network cannot be hacked or disrupted, but the wallets can be. If the users don't take proper/necessary steps to keep his funds safe, he will be vulnerable to hacker and may end up losing all his funds. Same thing goes for fraud. If you act dumb, you will fall for all kinds of scam/fraud. You are to be blamed, not the currency. |
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Does coinbase support your country? If it does that would be your best option. The other option for you is cex.io, but since the rate is too high for you, you can try localbitcoins and buy it over the counter. Not sure about any other exchanges and if they can be trusted or not.
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You will find thousands of threads on this forum asking the same question, "Am i too late?". And the answer is always the same. No, you are not late. Bitcoin is still in its infant state and its true value is yet to be seen. Look at the price when the people in this forum, who thought they were late. The price was $400, $800, $2000 and so on. But look at the price now and judge for yourself.
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The price has already recovered form its recent dip. The dip was the best time to buy. But you still have some time left. You can buy now, as we can see the price going upwards till $10000 before the end of the year.
You should never regret investing on bitcoin, as the price will always tend to go up thus giving you profit.
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Don't you think Before December.a bitcoin could actually hit $10000
Based on the charts I don't expect the price to hit $10,000 USD before December. We will be seeing $8000 before the next month though. And if everything goes well and no such events take place which might affect bitcoin, then we can easily expected to see $10000 before the new year. |
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Bitcoin is better than cash. bitcoin is easier and safer. but bitcoin in general is not yet legal in government. still bitcoin and cash are very different principles. that's just my opinion
Bitcoin is not illegal. What you mean is that it is not considered as a legal form of tender in some countries. Though it is not considered as a legal tender, it can still be used for buying anything you want as long as the buyer is willing to accept the currency. |
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The best thing is to learn the market first. See how other people are trading. Learn from them and from their mistakes. Cryptocurrencies does not follow the traditional economic/market laws.
Make sure before investing on a coin its not a shit scammy coin which are just used for dumping and pumping. Most of them are just clones of currently existing markets.
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See it all depends on the market value of the coin if it goes on rising then its future is very bright if it is rising at very low rate or decreasing in between then its future is not so good. So according to my opinion investigate in coins before investing in it.
Just the price won't determine its future. Doge has no market cap, so price being low is quite obvious. The main thing is how the community acts and how others adopt it. I keep wondering if the Doge will ever go up significantly invalue, most here have boatloads of the doge but who know?
The developer themselves stated that this was a joke coin and was made just for fun. It is the community which is trying to keep it alive. |
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Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
If you look at the market and the charts you will see the price always tends to go up. Even if it goes down after you buy, it will go up. Just hold it and watch. Do not panic. Look at the recent dip. Went down as low as $5500 but recovered in few days and about to hit $8000 soon! |
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Blaming bitcoin for crime is pointless. Before bitcoin was invented people used other form of goods to commit the exact kind of crime. They used prepaid cards as a medium of exchange. Did they make those prepaid cards illegal?
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If that country considers everything on a fixed rate of coins rather than being dependent on its equivalent fiat currency, it won't be a issue. But if the value is measure based on fiat currency everything would be a total chaos due the price fluctuations. Paying for goods and services is going to be really hard.
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The value of bitcoin depend on a lot of things the most important one would be how much people know about it and invest in it and trust it a lot of people because we all here want to have some bitcoins and that is already a lot of people.
Just investing on bitcoin won't help the price to increase. People will need to adopt it. They got to use it as a medium of exchange rather than using it only as a storage medium. The more it is used, the better the price will be. |
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There is no such thing as good amount. If you invest, you will get profit in the long run. The more you invest, the more profit for you along with larger risk. But since you are new, I would suggest you to learn how the market works before trying to invest.
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Yes, it is always good to setup some limits because gambling is addictive one. So if we keep on gambling so we might loose all the money when we are in swing. I hope we have to set limits while gambling in order to control our investments.
You can also lose all your money/investment even if you set limits to your gambling. Gambling is filled with risk. Even one single bet can make you lose all you had. It is much better to not gamble at all rather than setting limits. You either risk it all or don't risk at all. |
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Bitcoin is time consuming,fee consuming and yes,it obviously manages to have 0% risk.Besides it is so trustworthy for its anonymity.In fact,users and holders are the only controller of bitcoin.Hence some people prefer bitcoin over fiat.
You should keep in mind that bitcoin is not completely anonymous. It is a common misconception among people, where they think that bitcoin transactions can not be traced. Not true. Bitcoin is actually "pseudonymous" . Google it and you will know more about it. |
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