People are beginning to realized the unique qualities of bitcoin. More importantly,
they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it.
Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until
it  become the powerful source of life.

The truth is I am not good at gambling. In fact I suck at gambling. But I like to gamble when I get some money from unexpected sources of income. It would be great if skills and knowledge can help you win gambling although I feel it is sheer luck that makes you a winner in gambling.

This is very much possible in any provably fair game and nothing is wrong. This was just your plain luck that went out dry at the wrong time and you ended up losing the money.

In general betting huge does not always guarantee you loads of profits, on the other hand it is the killer that will make you go broke.

Its been months and months and months and still no social media. Just lots of promise. This is like a year old thread. If they haven't done it by now they never will. Very disappointing since I liked the idea so much and it made a lot of sense. I guess it will still be a long time till steemit have some decent competition.

Thanks for your reply. I'm very tempted to run my very own mining pool with a Raspberry Pi, as I want to generate some profit out of it by the pool fees. If I manage to make it a competitive mining pool, then I'm pretty sure that I can make the most out of it. I just wanted to know if it was just worth doing it, depending on the profits generated. The good thing I have, it is free electricity since I live with my parents. So, this would maximize my chances for profiting with it.

Anyways, if you happen to know what results (in terms of profit) would be expected with making your own mining pool, please let me know. 

How do we know that your coders are capable of pulling this off?

My issue with Synereo is that they want to be everything which is not possible, before it was discentalised social platform now Smart contract platform. The current infighting among their developers is another issue to deal with. They need to start walking the talk

It will take years before the general public will start seeing bitcoins as
money which can be used for daily transactions mainly because it does not have a fixed price/value.

Using 1 currency would unite the world but the drawbacks could be we still have
people at the top holding all the power.  We would have no way to compete with the powers at the top this way it seems. 
I think its better we have multiple cryptos but maybe BTC at 70% dominance.

So far I have not bought anything online with bitcoin but If there will be a
 cloth store that accepts Bitcoin payment than I would like to buy cloths from that store,
but this store should be in my country or if it is in other country than delivery should be fast.

That's why I don't want to visit dark market places and deep web anymore.
I know the risk for having some deals there and it is not guaranteed that the person you are dealing with there is a
legit person and sincere to have a nice deal with you. I guess you don't need to go to deep web if you want to make a lot of sales,
 you can just sell them anyway with social medias.

Search on  the web about the site you are joining,ask those who are already on that site for feedbacks.
if you perform this two im pretty sure you will not get scammed by any hyip ,ponzi site.

yes it is,,facebook is the best  place to sell goods..

maybe its the ages is over than 70 years, we need to teach with slowly as they can't understand if we teach with fast, i think their action become to slow to get the information that come to them but its not for all old people, sometimes the old people can understand with fast too. but its good for grandma that she can understand about bitcoin.

Very risky indeed unless he knows the person personally.Escrow is the best option here, since you are dealing with totally anonymous person.Don't be another victim of scam, be wary and cautious every time you made transaction.

Fiat will never be worthless, even when bitcoin price reaches $10k still fiat will be used, because of the transaction time of bitcoin network, it will never be used for day to day life.

I tend to hold bitcoin rather than spending them mostly but if i need something online i try to find services which accept bitcoin directly or if they don't accept bitcoin payments i load bitcoin on debit cards linked to paypal and buy anything i want without problem.

Question:

If you were a developer and you were able to develop anything, what do you think is the easiest way to make money?

Some ideas:
-Altcoin exchange
-Develop a cryptocurrency
-Bitcoin/altcoin marketplace

I am a developer and I need to start making extra money to pay medical expenses so I would appreciate your help.

You can more or less work this out for yourself.  Assuming no vulnerabilities in the implementation, and assuming no such things like compromised machines, or compromised internet connection (which have nothing to do with the crypto currency protocol itself), here's the gist:

You have to assume fractional "real world" knowledge about certain transactions.  That is, you can know some stuff, like Joe went to Mary's coffee shop and paid his coffee with transaction X.   Joe withdrew coins from an exchange with transaction Y.  And so on.

The aim of chain analysis is to use this partial information of known transaction/person links, and to complete it using the block chain itself.  Here we assume that we DON'T use other information, like IP addresses, compromised computers and so on.

The problem with transparant chains like bitcoin is that this partial information is propagated, because we can follow transaction to transaction ; as such, we can learn that Joe was also involved in several other transactions, by looking at the combination of his coins and his change addresses.

A solution to this is to use mixers.  In bitcoin, you have to take the initiative with others, in DASH, you have to take the initiative but it is then done by master nodes, and in monero, it is done automatically by selecting random addresses on the chain. 

Mixing makes the propagation of the partial information ambiguous, but not totally void.  At each mixing stage, you "dilute" your partial knowledge some more.

Now, the big difference between bitcoin and DASH on one hand, and monero on the other, is that mixing is "far and in between" with the first two (because requiring a voluntary act, and a limited set of participants.  While monero does a kind of "mixing" at EVERY transaction, and selects the participants *randomly*.  (strictly speaking, it isn't mixing ; but concerning the propagation of partial knowledge, the ring signature in monero and a mixer, behaves somewhat similar).

Monero has one further advantage: the ambiguity of which transaction actually happened.  In a mixer, all incoming coins are really spend, and appear in the outgoing channels.  With monero, the incoming coins are not necessarily spend.  They can appear several times, and you don't know WHICH "mixing transaction" actually propagated them.  It looks like multiple spending of the same coin in monero, but only one is "real", though you don't know which one.

All this means that with monero, you need much more "partial knowledge" in order to "complete the trace" than with bitcoin or DASH.  But of course, from a certain amount of partial knowledge, chain analysis becomes moot: if you know already ALMOST everything, then the little it can buy you is not so important.  Chain analysis is interesting when only a little bit of knowledge can learn you a lot.

If I have to know 90% of Joe's transactions before the monero chain tells me the 10% that remains, that's much less interesting than when with 10% of Joe's transactions and the bitcoin block chain, I can find out the remaining 90%.