I think the time to sell was when we hit the $5,800 levels. That was the best time to sell and just bought back when prices when back down to $5,500. That would have been a good profit. Though since it's really hard to predict these peaks and dips, no one could have perfectly timed both buys and sells when it happened. I guess it would have been possible if you watched close enough.

Especially cryptocurrency loans, usually loans around here cost a lot of money to get. It will even be a lot more expensive than a credit card late fees which is already high by a lot of standards. I guess it is all hinged upon the fact that cryptocurrency does profit by a lot and the growth rate each year is pretty high and would exceed even the high interest rates around here.

Though sometimes even the best of coins just dies at a low price. That's always a possibility with any coin, well traded or not. There is also a potential anyway for bad coins to appreciate to a good one. I think it is just plainly hard to predict what will happen to a coin, but if you're good at shorten predictions then likely you'll get rich from altcoins, that's really a better option.

(What's a moles though? Did you mean Malls?)

This is a future I dream of, a world where bitcoins can be spent almost everywhere and we don't need to convert to fiat any longer. That's really a dream land for me. I guess it won't happen yet in the near future, or maybe it would just be a dream. I do believe the conventional money will be replaced, though I am not sure if bitcoin will be its replacement.

I don't think bitcoins should just be seen as an investment like stocks or other assets. It should have been used the way satoshi designed it for. It was supposed to be a money that could replace those fiat in your pocket. This was supposed to be a way of paying for something and not really just for use to speculatively invest on. That's the problem with what bitcoins has become.

"win or learn" that's a nice motto for a gambler. Though I don't think most gamblers will learn something from their losses. I, however, disagree with you. Experience does not matter in games like dice. Will your 1 billion rolls in dice improve your chances of winning? I don't think so. Though, it depends on the game you are playing on. Some games, experience matters. Like poker and sports betting, if you're playing those games a lot of times, you will get the hang of it and you'll like be able to win more if you have a lot of experience.

What are you talking about? Gambling is already a big success! There are billions of dollars being waged daily, and that is underestimating it already. There are so much bitcoin gambling sites and there are those gambling sites that have already had millions of bitcoins gambled in their gambling sites. Even without a mass adoption, we can already see that success.

Just to be honest with everyone thinking that it is ok to gamble with money you do not know, well it is not ok! The main purpose of the money is not to be gambled with, then why would you gamble with it? In a lot of countries you should be tried for fraud (estafa in our jurisdiction but can't find the correct translation to plain english). Since those funds you are gambling with are not yours hence you should not be gambling with it.

There are a lot of sports books that accept bitcoins and as well as ethereum (well only a few), as a way to gamble with. Nitrogensports is one of the best bitcoin gambling sites right now and you can never go wrong with them. Just a quick google search and you'll realize this fact is true, and though do your own due diligence before you start gambling at any site. Make sure they are trust worthy and that they will not just run with your coins.

Knowing that the site is provably fair is good, since it is something you can trust and it is a standard in all gambling sites, well it should be. However, the problem is that there is no central authority that can confirm that the site is truly provably fair and that there is no way that the site is cheating their players. Then the problem now is that whether the claim of it is provably fair, is indeed provably fair. Since there are sites that say they are, but they use their own provably fair checker which could be where they are actually cheating.

As if trading is a sure thing as well. People should not really be promoting trading as if it is the best thing ever. Yeah it's better than gambling since you can use some analysis to do it. But it doesn't mean that if you applied analysis it will be a sure thing that you will profit from trading. There are likely a lot of traders as well that lost a lot of money in trading.

That is true, but not to all. Some people just play for fun and if they lose they do not regret what they did. Because to them they already placed in their minds that they will not profit from it and they will just enjoy the gambling. That is what makes it different from a gambler who wants to make a profit, since gamblers that aim for profit usually end up regretting it.

Dice games on yobit is intended for people that are losing in trading and get fraustrated. Then they try to get back everything through the dice feature, only to get further disappointed and lose more money to it. That's the only reason why they have a dice game on that site. Best to avoid those, since they have high house edge anyway.

Deleting accounts? That's not really possible in a lot of gambling sites. Also, what is stopping you from creating a new account anyway? It's not like gambling accounts cost money, so it will deter you from creating a new one and just play again.

Yeah it is legit, but they have the worse house edge in the industry. Last I checked they had 5% house edge, which is totally huge margins that will ensure you lose the game quicker than a quick brown fox. If you really want to gamble, go elsewhere. This is not really a gambling site. Freebitco.in's website is trying to capture users that are new to bitcoins and who doesn't know what house edge is.

For sports betting I would agree with your statement. Since most of the time the first few games of the season for any sport is really truly unpredictable and the chances your analysis will work is very small. Not only the gamblers are settling in but the players of the teams as well. Chances are they are all kinda feeling the vibes and we should also do this too as a gambler.

Pretty exciting news! Bitcoins are indeed the money of the future, and even these European countries are now realizing it. The government itself has allowed for such a platform to exist and gave license for it to operate under such circumstance. I think the world is slowly accepting the existence of cryptocurrency and soon we would likely be able to see a mass adoption to cryptocurrency.

The biggest lesson I learned from gambling is that, "never gamble for profit" and "never gamble money you cannot afford to lose."

Those two lessons have been my guiding principles now in gambling, and actually in real life. I take care of my money now and I try to keep myself away from things I don't need and I just save the money. Thing is that I spent a lot of money gambling back then and I truly regret it. It was in bitcoins too, and I could just have kept them with me.

I guess to quit gambling you have to have good self discipline. We see everyday gamblers try to quit gambling, this is similar to smokers trying to quit smoking as well, but the problem is that they can't quit it that easily. Most of the time, they quit for just a few days or months only to get back at it. I think change should really start from the inside and not just stop. Best is to discipline yourself and stop the habit.

Once you're clean from gambling, start investing. And always think to yourself, "I do not have money to waste in gambling."

I do this too, but I strive to get the highest multiplier the site can give me. Then I aim for the 1 btc winning amount if I win. I've never won yet, but maybe one day. I get like a few hundred tries a day so probably I would win it somehow someday. But it would likely take a while since the chances of winning my bet is like 0.001%. Which is super slim.