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681  Economy / Gambling / Re: BITDICE CASINO - CONGRATULATIONS TO WONTON FOR WINNING 300BTC on: February 14, 2017, 03:23:35 PM
just by clicking in "start playing" and creating a new account you find the best online casino !!
with a good level system who offer you to get huge rakebacks with Bet Back and Lossback
so we can say that this gambling site is the best in web
Yeah pretty much is. Actually I could not find a site that offers rakeback, multiple alt coins and a friendly atmosphere within the site. These all have been fulfilled happily and quite awesomely by bitdice and hence my first choice too is bitdice.

Plus most of the sites like PD have a downtime very often while I personally never experienced a downtime for bitdice.
682  Economy / Gambling discussion / Re: Can you beat the house edge on: February 14, 2017, 12:59:56 PM
It is quite hard to beat the house edge maybe once in a while you will be able to win it, but in the end you will lose, that is why there are so many casino pop out and most of the people suggest to invest in casino because most if the time the casino got profit, so you may try different strategies but in the end the house edge is going to make you lost

I can beat the house but yeah it is possible, once in a blue moon. And most of us are having hard time to beat the house. Those casinos that are coming out because they are taking advantage on it, they know that no one will be able to beat them
Why you guys just consider gambling as casinos and dice sites ?

Gambling is a wide term and even the bets made at home, in races and even guessing things like how much time after the pizza will arrive is a gamble. Basically me and my friends do betting where the one ones who make wrong guesses pays for the pizza. I can proudly say I eaten more than I paid for Tongue and hence I am in win even after long term.
683  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: February 14, 2017, 09:41:36 AM
in fact, gambling, and investments have their respective advantages. the difference only lies from time, and risk. if you want to take a big risk, with great benefits, you should try to play gambling, but if you do not want, it may be a good investment for you
I prefer gambling over trading and any other investment because i have lost my time, money and patience trying to earn money with trading and loosing my precious bitcoins to some hungry developers.

Now I am doing gambling, I loose sometimes, I win sometimes but I fee much better because I am the one who decides my fate and not a developer and his cruel intentions.
684  Economy / Gambling discussion / Re: How to Win using martingale system? on: February 14, 2017, 08:24:44 AM
Many time we have more loses then we expected so I don't think Martingale is also working every time because this also can give you some big loses as you expected try to avoid these systems and play small which you can afford to lost I not realize this so currently completely out of way now trying to settle away from this gambling
It is a good idea to stay away from gambling and if you are not winning for a long time then it is definitely time to move away to other things,the chances of winning through martingale system is when you are having a good balance and when you roll with a decently low base bet and reset after a certain limit and start from the beginning,i have won some using that strategy.

as always, we should use this for such a short period of time since it was design to double your bets after losing with certain amount and if house give you a wild streak of red for sure your bankroll will be eaten alive with this, better to use your own experiment to win little and still enjoying the game.
Yeah exactly as martingale is based on basically " waiting for loosing " and the longer you play it the more you are exposed to the risk and hence basically you will loose in the end if you just keep doing it. I think paroli is another good one if we see because its opposite of martingale.
685  Economy / Gambling discussion / Re: Which bitcoin gambling site is your favorite place to go? on: February 14, 2017, 06:34:25 AM
My favorite gambling site is directbet.eu as it doesn't required any initial deposit nor you need to create an account simply bet on your favorite sport and even the payouts are instant and I generally prefer sports betting so directbet allows me to go for live betting and I think its very user friendly site and haven't faced any issues related to payouts so far.
Yeah they are fair and the Admin here is too polite actually but the only problem I feel is that we cannot have a account and that makes us bet bigger else loose all in the fees and keep waiting for the confirmations.

I rather choose nitrogensports for faster betting while for bigger and more stable events I choose directbet.eu
686  Economy / Economics / Re: Passive Income on: February 13, 2017, 06:28:16 PM
I think that building up your passive income with Bitcoin and altcoins, is a whole lot easier than doing marketing, clicking ads, and others. Since cryptocurrencies are highly volatile, you can make use of that volatility to build up your passive income along the way. In addition, staking, lending, and holding coins into your wallet, can lead you up to many ways of making your passive income grow with minimum effort involved. Just sharing my thoughts.  Smiley
But a passive income must be some periodic based, it could be weekly or monthly basis. Only lending out will fetch such opportunity but when considering the defaulters and scammers I am not finding a smooth income generation through it.

Staking, I have tried but only very few coins hold their price levels others losing their value along with new block rewards. (People keep on selling their staking rewards and no buyers to back up).

Holding coins for value appreciations will not guarantee for regular income.
687  Economy / Economics / Re: Why is bitcoin worth? Welcome to discuss on: February 13, 2017, 05:42:40 PM
Being decentralized and backed by mathematical cryptography instead of central banks if very valuable.
which makes it different from the other bitcoin. and make users want to have to form a bitcoin, and bitcoin has a price request. and demand continues to grow to create bitcoin prices high
I just doubt that people will worth bitcoins this much if bitcoin has a fixed price levels for ever.
Basically bitcoin has two big advantages which are covering both online users as well investors. From beginning days itself, it started attracting these types of people that is the reason its worthiness goes skyrocketing.
688  Economy / Economics / Re: Central of the Philippines Recognizes Bitcoin on: February 12, 2017, 08:40:33 PM
But, why bitcoin prices are not reacting to this great news ? I just want to know why still Philippines people are waiting to invest more into bitcoins or why they are not demand their employers to provide salary in bitcoins for example.

If my government recognize bitcoin, I will start new bitcoin based business to spread bitcoins to new people. Hopefully Philippines people will do that so that we can confirm it by seeing its impact on bitcoin price levels.
689  Economy / Economics / Re: Physical or Paper Gold? Why? on: February 12, 2017, 07:17:49 PM
Some people says physical gold is more important, I should have physical instead of paper gold. But I dont understand why.

I trade easily in paper gold, spread is low so I lose less while trading. Banking system is powerful in my country, Turkey.

Physical gold can be stolen easily, I dont prefer having gold in my home, it is so dangerous imo, thieves are everywhere in my hood Smiley

What do you think?
It is fully dependent on your purposes. If you are only looking for trading purposes then ETF kind of paper gold is more appropriate for you rather than risking with physical gold. If you are able to safeguard your storage and able to manage properly your physical gold for buying and selling purposes then there would be no differences between physical gold and paper gold.

Based on your purposes and your capability, just choose the right one.
690  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: February 12, 2017, 06:18:31 PM
I look, that all here just believe, that BitCoin to be a coin is almost always 1. And somewhere you can read why he will be in the first place? I fully admit that sometime he give in to the Championship another coin. Yes, it has appeared the first of all the cryptocurrencys. But this does not necessarily mean that this situation will always be.
Yeah I think being the first cryptocurrency with the revolutionary decentralization concept hence it will safeguard its position among all cryptocurrencies without arguments bitcoin is the first to comes with this idea and I think this is the main reason that it is so popular and no 1 from the day it is started.
691  Bitcoin / Bitcoin Discussion / Re: Series and films in which Bitcoin appears on: February 12, 2017, 05:00:23 PM
We are small group of visual communication students and we are planning for a crime journal short film (which will run for hardly 20 min) and the main character is basically a bitcoin enthusiastic. Once it will be uploaded into youtube I will share a link here. I guess this forum will love and show their appreciations for my move on spreading bitcoins.
692  Bitcoin / Bitcoin Discussion / Re: [Discussion] Bitcoin ETF on: February 12, 2017, 02:33:04 PM
A bitcoin ETF is good for the like of big pension funds and large investment companies it gives them the regulatory protections they need to invest other peoples money.  Thats what i understand about then, i'm sure there are other benefits.  I think in general its a good thing,  but yes i would rather hold bitcoin myself, but my granny probably wont Smiley
Literally bitcoin ETF will bring opportunities to rest of people to invest-only into bitcoin rather than adopting it for investment purposes. It means bitcoin investments will get easier for non-technical people.

Honestly the impact of bitcoin ETF on price levels will be unpredictable as market will react on speculations. Still we all know what are magics new investors will do for us.
693  Economy / Economics / Re: Build a Bank Of Bitcoin on: February 12, 2017, 06:34:32 AM
if i build a bank of bitcoin that operating like a traditional fiat money bank when people can save the money and get interest for their saving and also people can get a loan from my bank but the fiat money is change for bitcoin, the question is would you guys trust me to save your bitcoin on my bitcoin bank that i want to build ?
Actually build a bank of bitcoin is good ideas like your explaining about it,
the problem if you are really want build bank of bitcoin will needs good reputation,
unfortunately your are newbie and don't have reputation on here.
The people will not trusted in you with put their bitcoin on your service,
please don't offense it is the fact must be known.
Only the befits will prove whether the idea of bitcoin bank is good or not. Because I do find any extra benefits by having a bitcoin banks. We are already getting all the benefits (what a bank could offer) from bitcoin wallet itself or some third party specialized services.

There are lot of practical of complications on building a bitcoin bank and its reputation hence sticking with current system would be more convenient for many bitcoiners imho.
694  Economy / Gambling discussion / Re: Do small investments make sense? on: February 11, 2017, 09:46:32 PM
I think small investments will rarely bring meaningful results in terms of profit, but investing small amounts can be a good way to learn how it works. Sometimes you learn a lot by reading things on the internet, but there are things that are only learned from experience, so for users this is a good thing. For service owners, I do not see how this can be a problem, since they are always earning with transaction fees.
Yes, to learn/ to test, small investments are the right approach. I have seen some gamblers always preferring small investments just to reduce their risks. It means even they have learned and concluded about an opportunity they just continue only with small investments just to stay secure as any opportunity may turn scam at any times.
695  Economy / Gambling discussion / Re: Most of the money on: February 11, 2017, 09:02:15 PM
Sports betting is good for giving more money but I have not played t yet for money while I have spend some time in dice on rollin and at there I have earned a good profit. But that is also risky because I lost it after playing more.
Even sport betting is also oscillating from profits and losses, I am  also able to make most of my profits from sport betting alone. Other gambling types are not suitable for me to make profits. I guess, if I have not practiced sports betting then I would not have got chances to make any profits from gambling. I might be in losing side.
696  Economy / Gambling discussion / Re: Can you beat the house edge on: February 10, 2017, 08:00:51 PM
Can't you beat the house edge? Today, with all these Bitcoin casinos and dices, I think it would be possible to beat small house edge with like 1%.
I always deposit small amount on site and when I make it to a good balance I withdraw, then I play with faucet and loose till the next deposit.
Can you share your experience with the gambling?
Probably one or two times you may get chances to beat the house edge (maybe on your lucky days). But you never will be able to find a consistency on beating them nor with big profits. I guess if you are able to make even some small profits, it would be a great achievement in my opinion as it is still not possible for almost 95% of gamblers. (They always aim for big profits and end up in nothing).
697  Economy / Gambling discussion / Re: Strategy and Lost in GAMBLE on: February 10, 2017, 06:33:03 PM
My Strategy is to never change the bet size  whatever may be the result of it. I will change only if I have doubled my money or if I have lost half of my money.  If I doubled my money, I'd increase my bet size by50% of the current one and if I have lost 50% of my bankroll the I reduce my betsize by 50%. Works really well for me.
Sounds good because this way we cannot loose everything in a sudden but at the same time this can be very risky because we are basically increasing bets as our bankroll increases and initially a point will come when we would get a poor streak.

I make sports bets more often than dice but in dice I am never quite sure if I should bet high amount for a little win or vice versa.
698  Bitcoin / Bitcoin Discussion / Re: Would you still use Bitcoin if price would be stable for years? on: February 10, 2017, 05:40:14 PM
To be honest i'd rather become more confident after we see a long term tipping point.

The prices may continue to increase for the next couple hundred years if real world interaction with cryptocurrency becomes more popular. Disregarding short term losses we may not see this happen anytime soon.
I think is it bitcoin will be like gold ? where the price is higher then becomes stable. I think it would be a little disappointing because there are a lot of traders who are in bitcoin, of course they are not going to like this
Exactly it will directly effect the user who is in the trading business or make money by direct investment and I think bitcoin will lose a number of traders if its price get stable. I think no currency in this world has stable price.

If price get stable it directly effects the economy of the country that will also be the same case of bitcoin community.
699  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: February 10, 2017, 05:06:07 PM
Bitcoin will still number due to the first crypto currency alive and successful by many years and now many company are using bitcoin and more investors are using it.. if you can notice buy many site right now they are added bitcoin as payment using bitpay.. and i think its really help us more people to know about bitcoins because of easily to use and the price is not stable and getting the benefits of the price increase..
Yes, I think not because of its name I think it has any name either than bitcoin or any thing else, it has been so popular as it is now.
It is being so popular is because of its idea. I think it came into the that type when no one even think about it and now it is the mother of all other cyptocurrency because all other cryptocurrency established on the idea of bitcoin.
700  Bitcoin / Legal / Re: Bitcoin in Russia is either banned or accepted? on: February 10, 2017, 03:29:13 PM
It is still a confusion for rest of world only Russians experience the truth. There are many different perspectives on bitcoin, and whether it is banned in Russia is quite a question. In a communist country like Russia, the government controls absolutely EVERYTHING. You can never trust the news outlets because they are controlled. The Bitcoin in Russia is now considered a foreign currency, and it will be monitored closely.
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