depending on what payment option you have opted to fund your betting account especially visa/mastercard(generally fiat) they are free to ask for proof as part of KYC but anything to do with crypto currencies should not be entertained at all because KYC is not welcome with cryptos  ! Correct, for BTC payment and deposit we don't require KYC. But if you play with fiat currency then it must be needed it is useful for you to track your records. And they also verify the identity. Without identity, if any issue you face means how can they solve your problems. That is why they ask your personal information. But nowadays I think max people use BTC to play online gambling. |
|
|
|
I gamble just for fun and I set aside a small amount every week to gamble with. Of course I always hope to get lucky and win a huge amount one day, but I don't expect it.
So you are just gambling to lose, I don't think it would be fun if you think that way. For me, I gamble to win and that gives me fun and also although I do not really bet with a big amount but someday I hope to win a good amount that will give me satisfaction and I can use that funds to start with a real business. Maybe he is already rich and got enough to gamble so he doesn't really think about losing and winning statistics. With my feeling, I don't have fun when I'm losing and it's hard to accept defeat that is why I'm trying to gamble again and thinking that it can be better for the next try. It is the reason why I keep on gambling even I always lose. If we do have lots of money its really a big factor to us to play gambling and we do realize in the end that we are gambling too much when we are losing too much money on which comes to a point where almost don't have much money left.There are various reasons why a gambler always coming back after a lose. Yes each person has different reason why they come back again and play gambling. For me sometimes my loss will make me play again. And in some known events, the big odds will make me place my bet. See today IPL is going on I placed a bet on RCB will score 7 - 9 runs in first over @2.88. This type of high odds will make me play again in gambling. |
|
|
|
Yes, sometimes I go. But I prefer to gamble online, it's easier to play and access anywhere, anytime, when I want to play. I just like to go to "land casinos" when there is someone to go with me, it's not fun to go alone.
Gambling online is also fun since there are sevral games/gambling sites online that land based casino doesn't have since it is impossible for them to accomodate that games such as sportsbet, binary options, and etc. It's better to gambling online by yourself since you are more likely to control yourself when you're gambling at home and alone than gambling in such casinos with your realives or friends. Gambling online will give more advantage like we can play whenever we want, and we have lot sites to play. If we get bored in one site, we can switch it to another site, and no conditions and restrictions are there to play in online. And we will get a chance to play both casino games and sports games. But in the land base casino we will not get a chance to play sports betting, and there some conditions are there to enter inside the casino. |
|
|
|
Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
You are right it is very complicated to buy a cup of coffee through Bitcoin. It will take time to confirm, and we also don't get time to wait and shop owner also not like this type of late payment method. But we can make this simple by using Bitcoin debit card. Yes, how we use other r cards like that we can swipe or tap our card, and the amount will deduct in the form of Bitcoin. |
|
|
|
Ever since gold will be a good investment when gold are in demand in your country but when it is not in demand it is very hard to buy and sell gold since my country are not that rich on gold. That's why we are using bitcoin here and bank are already considered bitcoin as our secondary currency on internet. In terms of payment we can use it to pay bills and other pheriperals.
People who are not yet aware about bitcoins will prefer to invest in gold as that is the only choice they see for making an long term investment but if they come across through bitcoins and the benefits attached with it then I am sure they will start investing part of their wealth in bitcoins but its never easy to convince people to use bitcoins especially when its totally new to them. I couldn't agree more with you, For those who do not know they would worry if invest their money in Bitcoin. because they doubt Do Bitcoin can give them a profit or even losing their money precisely? And if they know that bitcoin is very profitable as investment they will not want to be separated from the bitcoin. I wanted to say people or country that has don't enough gold how they going to invest it? Bitcoin is anywhere you can just easily buy it from website or people who using bitcoin with in your country easily to use and to invest it is a part of investment that you need to risk to earn. if they don't want to separate then focus on one simple as that. Yes it is easy to buy Bitcoin anywhere in the world, and we can easily invest bitcoin and make profit, but the main problem is it is not famous for gold, I don't know in another country, but in my country still 70 to 80% people don't know what is Bitcoin, but they know gold. It is a universal asset. That is why people like to do invest in gold. |
|
|
|
My prediction is that would be almost the same with others, the price will be able to reach $2,000 for this year.
But before that it will be having hard time before it reach there and for the mid year the price will be landing at $1,500.
And it will stay day for a longer time before it will rapidly pump to $2k.
Its a disappointing event when bitcoin was seemingly climbing to reach 1500$ in value a dump happened due to panic caused by hardfork and bitcoin split issues. But again we are now back on the right track and hopefully by may we can see bitcoin kicking 1500$ in value and luckily by the end of December we will see the shining stars when the value hits 2000$. I am hoping this can happen very soon, but i have small doubt in this it is possible to hit $2k this year end. Already 3 months over and I am sure this month end also it will not reach 1200$. But I think in this year end we see the Bitcoin price will be more than 1500$. This is just my prediction not sure. |
|
|
|
The answer to this can only be answered by you as some people are expert in trading and some are not making profit from it. I would say for a begineer both won't be that good as trading requires skills and there is a chance of getting a loss but you do get some amount from your initial investment. While investing is also risky as if you invest and the sites takes your money and runs away.
In doing trade in the exchange it needs an investment capital first before you can trade some coins. Which means investment is still the good one to do to grow our money. And trading is one of the tools to grow it. Investment requires big capital and more patience to earn a profit, and yes sometimes we will get a loss like the sites take your money and runs away. But this kind of problems you will not face if you invest in old trusted sites. There are a number of sites are running and making a profit since last few years. And you don't like to take a risk in investment than try in trading this also gives you good profit in the long term. |
|
|
|
Yeah, why not. Until the seller is ready to sell it for bitcoins. You can buy the house. Bitcoin is digital money. And even if the seller is not ready for selling, you can convert your bitcoin into fiat and buy the house.
Yup, it is possible if the seller and buyer are ready to deal with Bitcoin. But with direct bitcoin it will be a problem for the seller, how means today you will pay your house amount though Bitcoin. And tomorrow the price go down means it's a huge loss for the seller. That is why this type of deals will not happening now. But once the price is stable then we can do this type of deals. |
|
|
|
is bitcoin more popular than US Dollar ?
Obviously no, Dollar is more popular than bitcoin what makes bitcoin popular is its price is, and so many people use dollars in their real life or for online uses.But we can't guarantee that this will be the case for the future.Bitcoin could be the most popular worldwide if Bitcoin conquer the world as expected. Bitcoin is more popular in digital currency world, like that in the real world the dollar is more famous than Bitcoin. USD have more power than Bitcoin. We can use USD anywhere in the world without any restriction. And we can invest USD in any business, But we can't use Bitcoin like this. Bitcoin is only famous in dark web. |
|
|
|
you should never pay attention to trollbox. everybody is screaming whatever they want. i have been watching them during etc dump half a year ago, i did not have much experience in trading, they really made me keep my coins. this is how i lost almost everything that i have been holding
It has been more than a year ago, but I remember a thread from someone that bought himself into NameCoin at +$8 levels on advice of people from the BTC-E troll box, and he kept holding everything till the price started tanking to sub $2 levels. Troll boxes are full of garbage clowns that are willingly advising people to do something where they know it results in an almost guaranteed loss. Basically every exchange with a troll box offers a mute chat or hide chat function. Best is to go for one of these options. Troll boxes are just added in a particular trading site because it is just for entertainment because it is very happy to see monkeys arguing between different coins. Trollers in the troll boxes are just kind of person who wants to create hype, stole money from advertising wrong informations for just their own needs and that is the reasons why troll boxes should be removed in different trading site. Yes, I think no one can predict when is the next pump in Bitcoin and altcoins price. That is why the trading is still alive if we know when it is going to pump and when it is going to down then everyone will do only trading. The traders will become the richest person this is the world. The troll boxes are just time pass that's it. |
|
|
|
Disapointed in trading is normal, but i never stop trading. I learn much more about analysis and emotion control
You have a good strategy to stay firm in that field if you will spend a good time on that field that one day you will be an expert in trade and will earn a good income and will not be disappoint in that field. In Trading when you lose your money don't worry because every loss will teach you how to do safe trading this is the big advantage in trading. If you face all types of issues and you find the solution for that problems then one day you will become a pro trader, and you will earn more money in trading. So I will never disappoint when I lose money in trading. |
|
|
|
Trading is still profitable and a nice source of income if you have the capital, the knowledge and the patience to do it. The thing is, for trading you cannot expect high returns immediately, but 3-5% a day is the best you can get out of your capital if you played your cards well.
In days with a decent level of volatility 3-5% is achievable in 24 hours, but even that is what I consider to be somewhat on the higher side. Let's sit in the middle and say you generate 4% per day, and that 7 days in a row (for the sake of this example assuming there is enough volatility), which comes down to 28% in profit per week, and a good 100% increase per month. Only an extreme minority will be able to put this into reality. Yes, making 28% profit is a really worth it. And if you get same result full month your investment will be double in 4 weeks. Which business will give 100% profit in 1 month? But sometimes in trading also we will get a small loss, don't worry about this you will recover it within few days. I totally agree that Trading is worth. |
|
|
|
At the moment, I don’t know of a single bitcoin bank that promotes itself as one, however since bitcoin help us to be our own banks then any service that offers wallets to store your bitcoin are in a way a bank with the difference they are not offering interest rates for having your money stored with them.
Bitcoin bank is not possible. reason is simple it is decentralized one, we all know that price changes very often and maximum times the price goes high in this case the bank has to give the best value to its user which is very difficult to manage. just hold your money in btc wallet which will in turn give you interest much better than bank. As he said i think also bitcoin banks will not be possible even if bitcoins will be one of the physical currency and all country adopts it.Yeah its because of bitcoin being a decentralized an unstable price condition from time to time.So I agree with this that bitcoin banks would no be possible at all It is possible if the Bitcoin will be one of the physical currency and all countries adopt it. How means a physical currency need a storage to save your money. So in this situation, the banks will open automatically. But this is not possible now, suppose if it is possible it will take years to open Bitcoin Bank. |
|
|
|
Earning bitcoins for free is not easy, it takes of hard work, patience and determination to earn. Its hard to collect in faucets daily it takes times but if you want to earn freely, joined sig campaign and you can earn bitcoin.
Even earning from signature campaign is not free as you have to post on daily basis and if you don't meet minimum requirements then you will not get paid so it cannot be treated as a free way of earning bitcoins so the only way to get free bitcoins is from faucets. this mean free get bitcoin is without investment, you can get money only work and follow rules and signature campaign i think is can get free bitcoin, but must work promotion with post in bitcointalk forum Yes and it cannot be considered as a totally free way to earn bitcoins but you can start earning without investing a single penny into it and in that case it can considered to be the safest way of earning bitcoins. Yup without investment we can not earn a single penny in any business. and you will earn free bitcoins from faucets means, my question is how much money you will earn per day, and that amount is worth for you? how much time do you need to make a decent profit from faucets? To compare this signature campaign is best to make some Bitcoin per day. |
|
|
|
I am using bitcoins daily on trading and gambling sites but the fact is that usage of bitcoin is limited only in online world and its really difficult to use it in real world to buy physical things as there are no shops that accepts bitcoin as a mode of payment.
Yes still we don't get approval from govt to use Bitcoin in the real world. But many governments are allowed us to do business with Bitcoin means Bitcoin investment and trading etc. You want to buy a physical thing from your Bitcoin you don't have access to pay your billing amount direct through Bitcoin, but you can convert your coins to fiat currency and buy your things. This facility is available in all country. |
|
|
|
On this post I saw a number of people who are saying that signature campaign is the best source of bitcoin but I am new comer and cannot join any signature campaign that is why for me signature campaign is not a best source of bitcoin while I am spending a good time in faucet and from there I am earning some bitcoins.
Most of the signature campaign accept the members who has the minimum FULL MEMBER position and the person has good quality post . Faucets are like a time pass earning game you can't earn more money until you spend more time on that. All Senior, Hero, Legendary and Staff Members started their journey as a newbie like you ok, don't lose hopes keep on work in this forum and make your account at least full member then you will get a chance to participate in any signature campaign. Until that learn new things how to earn Bitcoins. Trading is also one of the best ways to make Bitcoin. |
|
|
|
What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do.  Probably the worst mistake in gambling is when you bet everything that you got thinking that you might get more than you expected another worst mistake in gambling is that not trusting your got or yourself and became a puppet of someone you think that is much brilliant than you are. I think it is common gambling mistake, gamblers simoly bet everything they have, and they hope that they will win, they usually do that because they are bored of gambling and want to end it faster, or just don't have more time. Of course, they also often lose that, because when you make more but smaller bets you can win more(except dice roll games or slots, it doesn't matter there) This type of mistakes usually we do when we are in frustration and when we lose more money that time we are in big tension to get back our loss. This situation we do All In betting, this is a really worst type of betting. Sometimes it will help us to get back our loss in a single bet. But according to my experience many times we lose our bets while we are using this method. |
|
|
|
But if you are willing to loose your 50$ why would still try to play in that site. Aren't you gonna play in which gambling site you are much more familiar with the games than to a games which your not familiar with it yet?
It is all the same because gambling require some luck however people mostly play the game that they like. Some people like to play sportsbetting while some like to play poker so I think that he stay on his favourite site to play his favourite game. Nothing is wrong with that even if he change the site where he play, the result might not be different Yes in gambling if you play with any websites the results will not change. Just base on your luck the results will change. So in which site you are comfortable there you can play. And if people do more sports betting then the odds will decide which sportsbook they want to choose. To win in gambling must play skill games because the casino games will not give you profit like skill games. |
|
|
|
i was wondering what bet sizes is the most popular among gamblers around here who are gambling in Dice games so i decided to create this POLL here. please make sure to vote and leave your comments if you liked.
this is the amount where you start with, the smallest bet size for example in your martingale or any other strategy you use.
It depends on gamblers bankroll, I usually play Dice games with very less amount it will start from 0.00001 BTC and based on a game I will increase my bet. But I will not play much time because it is not a profitable game. And in Dice game, there are no strategies to win our bet. This is fully based on your luck. So I don't trust any strategies in Dice game. |
|
|
|
I am sure that the most of you was lucky at least once and made some nice money.
The chance to earn such a nice money is 1:100 or even more with some roll which you need extra cost to spend. Well, I ever got nice money (around 0.01-0.07 that's nice for me, since I'm just gamble rarely) I use for trading from half of amount and the rest I keep on my safe wallet. yes winning in gambling is a very tough task, I will not play more slot games, and if I made any profit till today, it's from sports betting only. I also not made a huge profit in gambling. It's very small amount I use that money to pay my bills, and I will buy some things from online. And some money I will use to do gamble. I don't like to play gambling with my hard work money. |
|
|
|
|
Show Posts
