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6241  Economy / Economics / Re: Future of Bitcoins - What will happens to BTC on: June 02, 2019, 06:25:15 AM
I think Bitcoin will continue to develop well in this world, because over time little by little the governments of the world have begun to adopt Blockchain technology, so if the government has given approval, there is no doubt that BItcoin's future will be bright.
The government currency of the future is inevitably crypto. Compared to the traditional fiat alternative, cryptocurrency is more efficient, provides reduced settlement times, and offers increased traceability. Cryptocurrency can also be backed by real assets, similar to fiat currency, and its price can be artificially manipulated by numerous controls.

Crypto currencies have a lot more benefits than traditional money. It is easy to transfer money world wide through crypto as compare to fiat currencies. The drawback of crypto is that since it is decentralized, it can be easily manipulated by the whales. As the market cap of crypto will increase, it will be more difficult to manipulate crypto and bitcoins.
BTC will replace USD and will become one world currency soon.
6242  Economy / Economics / Re: Crypto as a payment method for goods: what to expect in 2019 on: June 02, 2019, 05:30:11 AM
I believe if crypto is used as a payment method for goods then it would be easier to do business, as you can send or receive funds without any problem all over the world.
for this idea I strongly agree that if this is applied in payment methods for business then this will make a lot of people interested, people who don't know will find out about the method of using crypto
It will be learned by those who's not being reached by this system, if they'll see that the service is already available from where they are, curiosity will let them follow it will create good idea to them, imagine the world where crypto already been accepted to any places.

Crypto to be accepted world wide cannot happen in 2019, but it will happen within a decade. There are lot of factors which are preventing bitcoin to be used as a payment method and the major cause of it is the volatility of bitcoin. Bitcoin needs to be stable so that people can trust and have faith on its value.
6243  Economy / Economics / Re: what will happen to bitcoin in india on: June 02, 2019, 04:37:57 AM
What will happen to bitcoin in india. whether it is legal or not.

I do not have any latest information on what Indian Government is thinking about legalizing or banning the bitcoins. But one thing is sure that no country can ban the bitcoins and people will find ways to use it no matter what government says about crypto currencies. So the best option for the countries is to make it legal and try to integrate it with the financial system of the country.
6244  Economy / Gambling discussion / Re: What do you prefer? Sportsbet or casino on: June 02, 2019, 04:23:36 AM
Both earning money and spending my time.

We just have to admit that we are all gambling to have fun and to take the chance of earning some.

Quote
What do you prefer? Sportsbet or casino
Sportsbet, NBA finals.

When we play gambling, the time is automatically spend. But that time is spend is good or not , it depends upon the outcome of the results of our gambling. If we have won and earn money in gambling, then this is the best time we have spend. But the same time can become worse if the result is opposite and we are at the losing side.
6245  Economy / Gambling discussion / Re: What do you think about the gambling site's having a promotion? on: June 02, 2019, 04:05:49 AM
Nothing to have a big deal with that, in fact, it is good to see such promotions in order to be more attractive to the gamblers.
Gamblers are looking for reliable gambling sites where they feel secure and can do transaction very often. If this site is promoting exactly what they do or what they can offer to their clients will be that great but if it is just lies, will absolutely have its trouble.

Promotions and bonus are always beneficial for the gamblers. I am here talking about the promotions which old trusted gambling sites offer. Like on any event they may give free spins or some deposits bonus. Also it introduces competition between sites as to give more and more good offers to attract the customers.
6246  Economy / Gambling discussion / Re: From Janitor to Millionaire on: June 01, 2019, 05:53:11 PM
This is probably one in a million case. I believe there are many hardworking poor people who play lottery or gamble too. And there are wealthy people who win big. Am not suggesting this wasn't a blessing... it just that it could be anyone from any social class


There are really few hardworking people who are poor and there are no such thing as hardworking to but lottery tickets. If you really want to be successful then focus on your goal and avoid gambling because you cannot be lucky as the same as him. Find your own success and im sure its not gambling.

We should not be dependent on lottery only to change the fortune of our life.  We should have real world plans and we should accomplish those plans to achieve wealth in life. Lottery is just a chance and important thing to note is that not everyone will win the lottery. So we should be more practical and should not have too much hopes from lottery.
6247  Economy / Gambling discussion / Re: Would you bet on an insect fight? on: June 01, 2019, 04:38:01 AM
Lol, it's funny, is it even that possible? How will people participate from different place? Have you any idea how to manage that? It would be funny to bet on such fight, I would do.
I think it is a useless fight and cannot happen at all. I have not seen it happening anywhere. People cannot participate from far flung areas and it is not possible even to know which fly you are betting on. I thing an online video game version with many different kinds of flies and having different sizes would work and there could be different levels and hurdles in the game which would be fun to gamble at.

I would never bet over the fight of Insect. Not only because it is a living thing, but also there is no attraction in seeing an insect fight. I still wonder there are places in the world where insect fight does happen and more surprising to see people betting on these useless fights. Undecided
6248  Economy / Gambling discussion / Re: Do you find Success in Gambling? on: June 01, 2019, 04:08:40 AM
really agree with all that, because in my opinion success can only be achieved with hard work and of course by not giving up.

This maybe true in other fields of life but for gambling we only need luck and no handwork. Probably gambling is the only activity which give us money without doing any skilled work.


I heard recent news who have won in the lottery draw and received the jackpot prize on it. But if you mean I met in person I guess no.
As of now those people who had won in jackpot were hiding any place that they want for their security because many greed people will have bad intention on it. A lot of people had success in gambling but now they are hiding.

Many people hide if they won any big amount from lottery or gambling. Not only they are afraid of that amount to be stolen, but also they want to safe themselves from their friends and relatives who will ask unnecessary loans / money from them.
6249  Economy / Gambling discussion / Re: The "how to" of building a gambling site on: June 01, 2019, 03:15:51 AM
I think that in this case building a gambling site is more complicated then you believe it to be
First you need to have enough BITCOIN that if someone wins a jackpot you must pay
You need to pay licensing from where you are in the world and there are also IT cost
It is a expensive business to start i believe or there would be thousands of them not hundreds


Not everyone can build and start their own gambling website.
Building a website is a complex process and you should only think of it if you have a lot of money and you want to start your own business of gambling. Not only to have to build a proper website but also you need to comply with your country rules and taxes etc.
6250  Economy / Gambling discussion / Re: What importance is kyc In gambling section on: May 31, 2019, 11:09:58 PM
In my opinion kyc is not a problem if you are warned about the website kyc policy when you are creating your account.

The worst thing is to have a kyc surprise when trying to withdrawal your funds.

If the Gambling site requires KYC, it should state it at the time of registration. Those sites which do not enforce KYC while registering , deposits and playing on the site but requires KYC before withdraw are more likely to do scam and you should avoid such sites.
KYC is good if you want to track the players in case they try to fraud or try to break any rule etc.
6251  Economy / Gambling / Re: Dice on BTC in Telegram on: May 31, 2019, 06:21:47 PM
I just tried the telegram dice game, it seems to be working good, I got 1000 satoshi for free to play with, how much balance do you need to have to be able to withdraw?
I've also tried the bit and it looks like you receive 10.000 satoshi free, not 1000. Minimum withdrawal is 0.01btc and I guess only when you reach that amount you can add a withdraw address to your account. Also it says that a withdrawal is usually sent within 2 hours. All this information you can find by clicking More and then FAQ.

I think the minimum withdrawal is way to high especially because this is a brand new dice game and its also running on telegram. Minimum deposit of 0.001btc is fine but you need to make minimum withdrawal lower something like 0.002btc or so.

If the minimum deposit is 0.001btc then minimum withdraw should be of same amount. It does not make sense to put such a high withdrawal limit of 0.01BTC for something which is very new. They may increase the withdrawal limit when their dice application on telegram become more trustable and popular.
6252  Economy / Gambling discussion / Re: 51btc won in a day on: May 31, 2019, 01:57:20 PM
He is very lucky!! Many good wishes for him and hope he will use his winning dollar good work. But many people are seeing such big winning, he can also invest in such a way that it is very risky. And It's common matter on bet or gambling. Anyone become billioner just one night and also getting proor  Grin Its all depend on our luck and betting knowledge.

Not many people are lucky or have good luck to win 51Btc or such big high amounts from gambling. Many times it happens that we win small amounts and lose big amounts in gambling.  Winning 51 BTC is a day is just a dream come true and i am very happy for the OP on his good fortune.
6253  Economy / Gambling discussion / Re: What do you prefer? Sportsbet or casino on: May 31, 2019, 01:51:24 PM
how do you play gambling? What is your purphase? Earning money or spending time ?

Maybe you have missed one thing. Many people play gambling to lose money only. This is a fact that people come in gambling to earn quick money or to spend their time having fun but in the end they just end up losing money. Only few people gain money from gambling and few are here to get fun only from gambling.
6254  Economy / Speculation / Re: Is the Next Bitcoin Bull Run Started? on: May 26, 2019, 05:12:14 AM
We don't know if the next days will be the new bull run that will start because right now, we are down again. But that can happen if tomorrow, there is a good sign that appears in the market, and that will attract the price to increase. It doesn't matter if the price cannot increase fast because that will make suspicious and it's better to increase slowly, and in the next week, the price will touch the new higher price.

Well in the past few months we went from a BTC value of 3000$ all the way to 8200$; the market is catching its breath before the Bull resumes. The background outlook is very promising for BTC holders.

Yes, now, the bitcoin price was really increasing, and finally, we reach $8000 again, but there is a chance to see bitcoin price will go down for a small price. But we have a good opportunity to see bitcoin reach the highest price soon after this week and I hope that it will happen in the next week. The chart itself still showing the increase in the price so the price will be possible to increase more.

For the last few weeks we have seen an uptrend in bitcoin prices and the market cap has also increased to near 59% (it is now down to 56%), but this is not the official start of bitcoin bull rally. We had few incidents like binance hack, bitfinex tether fud which caused this price rise. The good thing is that the price is not dumped after the clearance of the above events.

Bitcoin needs to break the resistance at 9000$ and a physiological level of 10,000$ for the bull run to start.
6255  Economy / Speculation / Re: Will spending Bitcoin actually be bad for the price? on: May 26, 2019, 04:53:26 AM
For Bitcoin to survive it needs to be spent. Even if that spent bitcoin eventually gets converted into fiat by the store where the transaction took place.

This is why the guy who spent 10,000 BTC for 2 Pizza's was an important event. Sure it was a bad investment in hindsight but it was one of the transactions that made it possible to actually see bitcoin being used as a currency.

Some people don't realise that if you keep your bitcoins forever and never actually spend them, then its not good for the crypto ecosystem. You need to spend them so stores can make a profit, so exchanges can make money in fees and so miners can make money in fees also.

Spending bitcoin is actually not bad for the price. The more bitcoin is used as a currency, more its demand will increase. More People will use it and since its supply is limited, the price will grow automatically.

Consider no one spending bitcoins and miners waiting for the transactions forever, no trading etc will means no use case for bitcoin and it value will be decreased to zero.
6256  Economy / Speculation / Re: Bitcoin is very likely going to break $9000 in the next few days. on: May 26, 2019, 04:42:33 AM
I'm going to come out and say this. My heart wants Bitcoin to come down to 7k and lower, give me a few more months to accumulate. Prep myself and the rest of crypto for a 5 digit price in 2020, with halving to join the party.

But my head tells me that the momentum looks too strong not to see at least a 10k test by end of the year, so 9k is definitely on the cards.

Not sure what this means longer term because it feels too fast but que sera sera.

Bitcoin may go to 9000$ or even at 10,000$ from the accumulation at 8000$. But it does not mean that it will not come down. After reaching 9000/9500$ bitcoin will be in correction mode and during this time it may touch 7000$. Those who are willing to buy at 7000$ should have their orders ready as bitcoin might touch 7K and then bounce back.
6257  Economy / Gambling discussion / Re: Gambling with your Parents on: May 26, 2019, 04:28:56 AM
yeah i also gamble with my mother and with my relatives too but just at home. I never experienced gambling with them in a casino and i don’t think it’s appropriate to gamble with my parents in such place. Although i did gamble in a casino with my cousins and siblings already.
Nice family bond, I have experienced to gamble with my relatives but AFAIR I haven't gamble together with my parents, both of them.

With that kind of gambling, it's not really serious because it's just a way for you to enjoy everyone's company.
Its fun to see your family enjoying the games especially when they are earning but it depends on every family situation because if your family ask you to gamble and focus on money then its bad, you are being forced to work and not to have fun at all.

More than the fun and the money it is the respect which is compromised if the children play gambling against their parents. Gambling involves a lot of emotions and on losing one can be rude too. I think it is better if we play gambling with friends or strangers but not with our parents.
6258  Economy / Gambling discussion / Re: HOW I BECAME A GAMBLER on: May 26, 2019, 04:10:01 AM
I am not a full time gambler. If there is any special league matches going on foot ball games. On that only i use to gamble apart from that sometime i spare time at casino games.
If you want to become as a gambler spare your time at the any gambling site and use little funds to start. You can learn slowly dah by day.

I also gamble with football games. Maybe I feel that is more predictable but generally, I don't gamble a lot because it is a chance circumstance.

For the advise of how to start gambling, it is better to stay off it for people who have not started because an addict will keep going on with earnings.

So for the new people who want to come in gambling, you are suggesting them to keep away from gambling ? If you have lost much, it does not mean that everyone else will lost too. We never know if anyone is lucky and he can change his/her fortune just by coming in gambling.

Yes, those coming in gambling should learn on how to avoid addiction and how to manage the money.
6259  Economy / Gambling discussion / Re: Refer me a good Cryptocurrency casino on: May 26, 2019, 03:59:39 AM
Hey, im looking for a good Cryptocurrency casino, where you have at least a few nice bonuses like loss back, leveling.
I also like to invest in the bankroll.

If you are looking for a good casino yourself:
Bitdice, the refferal link is in my signature.
You have bet back AND lossback, and some minigames in chat to win some nice btc amounts.
Sites I already play on:
Duckdice, Betking, Yolodice

Are you suggesting us the good casino or asking from us the best casino where we can play ? Huh
There are many old trusted casinos which are best to join like fortuneJack, primedice, 777coin and  lot more. You can join anyone of them and all have more or less the same features. (the interface is different)
6260  Economy / Gambling discussion / Re: HAVE YOU EVER MET ANY SUCCESSFUL GAMBLER on: May 26, 2019, 03:47:07 AM
So i was just wondering, aside the times i see the names of rich and successful gamblers during my google search, i dont think i have personally met anyone who made it big in gambling. Its possible there are  but i know more of those who have lost more than those who have made it.
Please note that by been successful, i  do not mean those who make this little and minor winnings on a daily bases(NO). I mean those with Big records, like who have won over 1BTC from gambling. If you know any either in an online or offline casino please dont hesitate to share their story, you can include the name of the site they made their wins, i am sure someone would be encouraged. Lets go guys Roll Eyes

Personally i do not know anyone in my relatives or friends, who have won any big amount from gambling. Also i think people are hesitating to tell others about their winnings.
However i read sometimes on this forum where people discloses they have won big amount. Here a person who have won 51 BTC and i am really impressed by him. https://bitcointalk.org/index.php?topic=5082750.msg48575431#msg48575431
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