Is it only for bitcoins? can other altcoins be played for here
Thanks for asking! At the moment you can play only for bitcoins and fiat currencies. They just opened. I think they will add some other crypto currencies as ETH and LTC soon. That would bring to the site more users and more profit. |
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This topic was opened in many threads on the forum already.
Everybody decide for himself what kind of wallet to choose. I have both kinds, one to feel safe and other for fast transactions, which are actually not so fast already.
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Since the time bitcoin crossed the point 1000$ I could attract only one friend in this. And mostly because of he doesn't have any work and knows some other people who live with bitcoin mining. My frieands generally interesing in bitcoin and making money with this, but they find too many excuses to not start. I understand that they just waste the time, but it's not my business.
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I am sure that gambling sites investments are the most profitable ones and if I would have couple bitcoins on my balance I would invest in in a casino. I wish you much luck in your investment and inform us about the latest results if you can  |
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The TV and things that have been told there not always truth. We had many cases of disinformation by the mass media. I also have heard that bitcoin is new financial pyramid which fell apart already. It was in 2010-11 years. From that time I heard a lot of different information, but I know the one thing - bitcoin is a life and we have to make money while it's so.
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10 years is not a long time to wait...
Bitcoin crossed the point of 2000$. I didn't expect this will happen so fast. But bitcoin is constantly growing. I just took the look on the history of my transactions. during the year bitcoin raised 5 times high! That is something crazy! So in 10 years bitcoin can raise 50 times up. Can you imagine?! |
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I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD. Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison. Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD. Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering? To judge US dollar in all human sins is just not fare. Yes this currency is accepted over the world, but terrorism, drugs and other illegal activity paid with other currencies as well. And bitcoin takes it's part in this as well. This world is corrupted and the government can easily see all the ways of dollar moves from one bill to another, but they don't do anything, because it's not profitable to them. Everything is rolling around money. I have heard there is new cryptocurrency which you can't fallow and you can't see where this money is going. I think we have to wait for the new wave of criminal activity. |
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You don't need to worry at all. It is known fact that transactions became slowly in past few weeks and this is associated increase of the size of the commissions. I suppose such situation is going to become usually for all bitcoin users.
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Bitcoin is not better than gold. No. Many experts callbitcoin as digital gold and I am agree with that. Bitcoin has the same functions as gold has, just it hasn't phisical form to be feeled.
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You know that you are bitcoin gambler when you realise that bitcoin betting is more freely and profitable than gambling in fiat.
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You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.
Selling may be the way to maximize your return, but it depends on the risk of holding.
That's right. You have to take in view all possible variants for bitcoin and that is not only constantly growth. Many people live with bitcoin and that is their only money, so they just have to sell it to cover costs. |
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If Gambling was not introduced then many people have to do the hard work for earning money.
So you count gambling as easy way to make money? I think you are wrong. I would better call gambling as easy way to loose money than to earn.  |
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Silver may cost thousands dollars only in the case of inflation when couple thousands dollars will cost nothing. As a human with economic education I suppose silver will not cost high in this century. I just don't see reasons for that happen.
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I haven't count from the most beginning, so I don't know the balance of my loosing and winning. I doubt that someone else is following such statistic.
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well, that is what you get for seeing potential when others are having their head in the sand. back then there were same bullshit of "bitcoin is dead and gonna die" flying around. those who kept their ears shot and used their own brains are the winners of today and tomorrow.
and each day that passes it is one cheap coin opportunity that is slipping through their fingers.
I think you don't understand that there are many people who have not free money and it's normal that people count bitcoin as high risk investment. Yes we have heard many stories already how people get rich on bitcoin, but all of them bought it for very cheap money. Today when the price is close to 2000$ investment in bitcoinsounds much more risky. For example my monthly salary is 300$, I even can't buy a bitcoin. But I have found the strategy for myself and people like I am - I put on the side 20% of my bitcoin earnings in the campaign and gambling. I have just began, but the sum seems not so bad already with nonstop growing bitcoin's price. |
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Well of course there are times that gambling is really fun and the excitement and the desire to win is there but you wouldn't bet in the first place if you don't want the profit right? So it will always be in between. (Some losses are not funny)
yes i doubt there is a lot of people who feel still have fun even get lost. most of them will feel upset with that situation and really enjoying the game and the money when won it and have a lot of profit. so basically it should always be about money and profit most of the times , have fun are just an additional reason. Not everybody gamble only cause of money and financial profit. remember the time when we were kids, we also gamble with coins, cards and paper/scissors/stone. I count all this games as gambling kind games. When human get old he puts money on the first position in his life, but I doubt that even adults gamble only cause of money. |
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We.don't need to judge in case African country has already adopted as their primary currency. If it's only a hear say then,we respect, study and learn from them. Who knows this might help them.
I am agree with you here. This example and experience is going to be good for every country, to those who have the same plans already and to those who only think about it. |
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About such propabolity should to think bitcoin holders only and I am not one of them. I prefer to live in today and when I need money I cash out my bitcoins or just gamble with it. So, actually in the case if the price will drop down I will not be too much disappointed.
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Like 3 weeks ago I won 1.3 BTC on a slot game I regret now a bit that I harried to cash out that money. That day the price was 1200$ and now it's 1800$ and I feel like I lost 600$ and it's like two my monthly salaries. Anyway I have spent all this money already. I bought a rubber boat  Can't wait for days become more warm and sunny to go on a lake and to try it. |
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Since bitcoin network became popular, it may occasionally experience latency on transactions, but because of the associated increase of the size of the commissions, people can think about the alternative to get rid of these problems. Some supporters of cryptocurrencies recommended to use altcoins when transactional traffic reaches the maximum volume to save money on commissions and expedite the transaction processed by bitcoin miners. However, using alitcoins alternatively doesn't really make you to save money, but it can create some difficulties, which you didn't expect.
To use bitcoin together with altcoins will bring lower risks due to the possible split of bitcoin. Each cryptocurrency has its problems, which can be result of financial losses because value fall. But probability that something bad will happen in several currencies is much less. So no need to think: "to use bitcoin or altcoins" when you can use both. Yes, and in fact there is no division into bitcoin and altcoin. There are cryptocurrencies, and they are different. |
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