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6801  Economy / Gambling discussion / Re: How do you choose casino to play? on: February 24, 2017, 01:49:56 PM
I also when I find casino write a name from that casino in google and I write casino name and review and then if I like review then I join to that casino and gamble there.
in other word it must be trusted enough and make players satisfied based on most reviews, more specific people love to looking for an attractive promotion (not a bonus that required rollover) people tired give a shot on something like that.

a unique promotion just like how directbet did every month in their happyhour maybe?
In my area as gambling in not legal, therefore we do not have legal casinos here.

We do not have formal casino here, we have just limited games in our casinos, actually there are more chances that the police will react and will get seal the casino therefore the owners are trying to not to invest any big amount in their casino.

Out of this, I have only option playing with online gambling sites. I just follow bitcointalk reputations while choosing my gambling site. I they are not active on this forum, I will not touch them.
6802  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: February 24, 2017, 12:01:39 PM
Sometimes i became rich when i win thrice in a row because of playing in a game. So therefore riching side that is part of luck and your destiny to become a rich person in the world.

If it is so easy to become rich then most of the gamblers by now would have been rich by winning few times. If you want to become rich, then you should find a way to work hard and smart and not from an easy method. IN gambling only if you're lucky then you can win some big amounts otherwise most of the time you will lose money. So it is good to try your luck with a small amount once in awhile instead of everyday.

I do believe that you won't get rich with gambling... Even if you win big, we can't deny the fact that before we win, we lose, and after winning big amount, we are not going to quit gambling for good... Most gamblers, after winning big, they return and thinks that they could win more as they are thinking about it that they might still be lucky...  Smiley
But I think it depend on the bet for example if you win a millions dollar bet then it can make a rich person over nigh. But after that it depend on your strategy that how you manage that amount.

If you will continue gambling with that amount without any planning and strategy then there are more chances that you will even lose your all winning amount again and if you have some good strategy then you have chances to keep your money with you and even increase it.
6803  Economy / Gambling discussion / Re: Are There Any Regulations for Bitcoin Casinos? on: February 24, 2017, 11:22:43 AM
Are there any regulations or oversight for bitcoin casinos? I think for other online casinos where you have to deposit genuine money, there are some government regulations regulating these casinos. How about bitcoin casinos?
Yes, payment things make necessaries for regulations.
When you are sticking within bitcoin or cryptocurrency payments with your gamblers then there would be no requirement of regulations as you never need any approval from any government.

Regulations for a casino business is mostly country specific at the same time online casino does not require these when not dealing fiats. If I plan for a casino I will not deal with fiats and physical casinos so I believe I never need to worry about regulations.
6804  Economy / Trading Discussion / Re: Any opinion of trading cryptocurrencies vs penny stock? on: February 22, 2017, 10:11:09 AM
Penny stocks and gambling are both higher risk ventures than trading cryptocurrencies.

The higher risk translates to there being a larger percentage chance of losing everything invested.

The higher risk also translates to higher potential profits if the investment is successful.
I am not preferring trading for a do or die. If I do prefer, I would have chosen gambling instead of trading. Compared to gambling trading is relatively less risk involved and that is the reason I am into trading. If penny stock trading is again similar to gambling, then I will never touch them.

After seeing this topic, I checked some learning materials on penny stock trading. But I decided to continue only crypto trading. Basically I am not preferring trading stocks, but penny stocks are unlike other stocks seems high risk involved.
6805  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: February 22, 2017, 08:34:28 AM
Holding btc is a decent way to earn extra money but its not a guarantee that you will reap what you sowed. I would rather diversify my investment into altcoins as well to avoid losing everything at once.
That is true, holding bitcoin for a long time is not guaranteed to give you any significant profit, however if you play it smart and divide your capital into saving and exchanging that might earn you profit, the price of the bitcoin goes up and down so if you wait until it goes up and sell and then rebuy when the price is low you can double your bitcoin in no time.
6806  Economy / Trading Discussion / Re: How do I educate myself on bitcoin for investing? on: February 22, 2017, 07:58:24 AM
I would always prefer Google search and YouTube to learn anything, this could provide masterly information to learn it quickly. In that prospects you can learn btc investments using various videos on YouTube. You could the below video which can help about btc investments.

https://m.youtube.com/watch?v=x0hADSSlUUU
It is a good idea to diversify the sources from which you take information, like Google, YouTube and even this forum which I found really helpful when it comes to learning things about bitcoin investments and other stuff, the point is to keep looking until you have a clear idea on what you are doing so you don’t make false decisions.
6807  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: February 22, 2017, 07:09:22 AM
Not only confident you need to boost your experience in order to over come of loosing. It is very common in all human being in any aspects of their investment. But once you are experienced and well analyser, you will make decent in making money. Spending more time by analyzing the market will also make you money because some your prediction will give tons of money through trading. 
It is true, but in order to develop a good experience and progress and make profit in trading you have to try it for yourself.

It is okay to fail at first because failing is a part of learning so don’t be afraid to try, just start with a ow amount there are sites that allow you to trade with virtual money just to train and when you feel you got the hang of it you can start trading like a pro.
6808  Economy / Gambling discussion / Re: Giving up gambling is not easy on: February 21, 2017, 11:54:03 PM
Discipline indeedly is needed in order to  do that. This is quite tough to do specially when you feel that you're lucky in betting or rolling. The moment that you are too confident on yourself, the moment your greediness triggred which leads you to bet more which causes you to lose your money.
The same "over-confident" makes it is difficult to quit gambling. When we are foreseeing your profits, how we will quit such system ? I believe gambling has all the characteristics to inject us those confident levels slowly. Only realizing the true nature of gambling will help a gambler to overcome the real difficulties of quitting gambling.

play for a period of time or until you win or lose a certain amount of money but never play until your money has disappear.
But, within that period of time, most gamblers get addictions and after that quitting it becomes too hard for them. This also fixes with having a limit for gambling bankroll. Honestly I am not finding any working way to quit gambling.
6809  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: February 21, 2017, 11:21:41 PM
I do not believe an analysis can affect the outcome of gambling. which I believe is the luck factor.
because gambling is a game that risked our luck. luck is far more important than others.
But if you are into right gambling then you can have more factors other than just luck. I do gamble on cricket betting, no one can claim that I am making money there just for being lucky. I spend more than hour before making a bet for analysis.

Only due to analysis, I am able to bet on any team whereas my friends do bet on only our home team. That ls differences of using analysis.
6810  Economy / Speculation / Re: $1100 broken, ATH incoming on: February 21, 2017, 10:47:23 PM
$1100 has been reached, OkCoin still has a big delay in price, china is no longer relevant. Bitcoin is now sailing with confidence towards ATH, and once ATH is broken there is no stopping, it's anybody's guess how high it will go.

It doesn't matter if there is profit taken between $1080 and ATH, it is now unavoidable and a matter of time when we destroy the ATH barrier.
I am afraid again $1150 will play as strong resistance zone as many bitcoiners still believe ATH would be the profit booking levels. The good thing is this time we are having massive investment news ETF to support prices. Still I am also very much confident this time bitcoin prices are going to see $1500 levels before making any turn, that too before end of February itself possible.
6811  Economy / Speculation / Re: ladies and gentlemen we are above $1100 now! on: February 21, 2017, 03:43:01 PM
No surprises. It is highly expected when we were seeing strong prices trading around $1050 levels. But luckily the physiological resistances around $1100 got easily broken  and prices are trading around $1110 right now.

We are getting mixed predictions on approval of bitcoin ETF but traders sentiments are seeming quite positive on this.
6812  Economy / Gambling / Re: BITDICE CASINO - CONGRATULATIONS TO WONTON FOR WINNING 300BTC on: February 21, 2017, 07:57:33 AM
Please let me know tips to be winner among all. I think many participants were rolling around here and they have better explanation about winning kick.
Do you really believe some gambler will come forward and will share his gold egg goose ? Surprisingly, there were no records that same strategy will work for all the gamblers as gambling success is highly influenced by your emotions. Better work on your strategy and develop a versatile one. Bitdice will support for you with their world class features for both security and for better gambling experiences.
6813  Economy / Economics / Re: How can we make more money? on: February 20, 2017, 07:05:19 PM
Luck and skills need to on same road in any type of earning.
I'm not believing in to luck factor for earning in the any field. Actually I'm believing into skill, if we are good in a skill, we can bring our luck to favor us.

Unlike trading nor gambling, earning in real life is not influenced by luck factor. Because your skill will get you a good job and if you are performing well you will get paid thus there is no room for luck.
Indeed, we don’t have to wait for anything or depend on any factor when it comes to earning money through working, the only thing that you need is some sort of skill that everyone need and that will get you some money, people are lazy and they waste their time and money on gambling and useless stuff when they could use those to learn a good skill that will earn them money.
6814  Economy / Economics / Re: Bitcoin or gold? on: February 20, 2017, 05:13:31 PM
It's just a guess and only gold in reality can be much more stable than the bitcoin.
No doubt about this that gold is more stable than bitcoin, in fact gold is present for long long time while bitcoin is a new currency so bitcoin is very much unstable. But it is also reality that the profit that bitcoin can give you, I do not think that anything else can give you. As I am interested to invest my money, bitcoin is a best option with me and I will always choose bitcoin instead of gold.
6815  Economy / Economics / Re: Bitcoin can not replace fiat on: February 20, 2017, 02:53:04 PM
Fiat currency cannot be replaced with bitcoin because fiat currency price is not fluctuating and the price is stable and changes is not erratic. We all knew bitcoin is very profitable on investments but the whole world still not using it as a method of spending because of that reason that btc price is not stable of its price, sometimes it rises and may fall very low.

Fiat is surely a strong so it's not going to happen that bitcoin will ever replace fiat. But the good thing is that bitcoin can be considered as fiat.

We can use it actually for different transactions that we are going to do, buying of different goods and services that we wish to purchase.


Fiat currency is supported by the state, even with the help of the law. Competitions without major trumps bitcoin lose. Members will have to make concessions. But who would agree.

The government does not want to give Bitcoin. Because it can not control cryptocurrency. The government will always support Fiat. Therefore, it will always exist
Yes that is it. That is why any cryptocurrency or any kind of digital money will ever take the crown off from the fiat because government is the biggest enemy of any digital money since they can't control the market or the price of the digital money then they will not support it because they can't get too much benefit like having tax. Government will stick to fiat because it gives them money but not on bitcoin.
Yeah that is true, governments and banks are not comfortable with cryptocurrency because they cannot control it, and that is why they are trying to ban and force the ones who to use it to switch to fiat, so as long as governments are not supporting the bitcoin or the whole cryptocurrency idea bitcoin cannot replace fiat.
6816  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 20, 2017, 01:52:34 PM
Just do not forget the most important thing - the government regulation. That it can negatively affect the development of the currency. For example, the Chinese government has tightened measures to cryptocurrency
That is true that is why bitcoin can never become or replace the international currencies, because governments cannot control it and its value is not stable and it is not related to any fixed market and that is why they are trying to prevent us from using through making it harder for us to use it.
6817  Economy / Gambling discussion / Re: Do you care about bonuses on btc casino ? on: February 20, 2017, 08:26:14 AM
there is no realistic bonus given by the casino , they have calculated everything and it is always in casino favor. 35x or 40x wagering requirement are one of many casino strategy to attract players to give a shot win bigger amount with limited capital.
Yes that is the reason I'm not bothering about the deposit bonuses or any other similar bonuses.
They are just the baits. Hardly I am not finding any differences between these bonuses and faucets. Both are easy to avail but too hard to reach threshold or satisfying the conditions for a payout with the case of both of them.
6818  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: February 20, 2017, 07:43:25 AM
Affiliate marketing is really very hard and it doesnt work anytime for all people because it would really need good marketting skills and everybody doesnt have that skills and just only for some who are really good at it.I would rather choose to invite people on playing gambling rather than playing on the house itself.
Yes I am also not sure introducing our friends into gambling will get us any decent amount of commissions for referring them. Because they need to keep on playing there, there will be no guarantee for that. Like you mentioned, it would be too hard to make people signing up into any programs.

Honestly I'm not preferring anyone to get introduced into gambling due to the problems I am facing with gambling.
6819  Economy / Gambling discussion / Re: Gambling and Supertition on: February 19, 2017, 09:28:25 PM
Nothing wrong with superstitious. It can give us an extra confidence when gambling even though superstition won't change the result of our gambling actions.
Yes, superstitions work for our emotions and it is always being believed in may cultures that our positive vibrations will bring us positive results. If that is true, then there would be nothing wrong on having some assumptions on our daily routines and especially in gambling too.
6820  Economy / Trading Discussion / Re: When do you plan to sell? on: February 19, 2017, 08:09:09 PM
I sold mine at 1020$. I guess I was a bit hasty about my decision. I just couldn't risk the possibility of a huge dump from 1000's to 800's. A dump like that recently happened and I was mad at myself for not selling above 1000's. So i did it this time. Smiley
Though we all say the price will rise again but that's quite true and genuine. Just what the best you could have done is sell half your coins at $1020 and then buy bitcoins for that half money when the price reaches 800-900 dollars ( if it reaches there though ).

This is the best and most reliable way people are doing now since this gives stability and security while giving you more and more bitcoins with time. You can't loose with this strategy unless a big dump comes and you get panic.
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