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6981  Economy / Gambling discussion / Re: How to Win using martingale system? on: February 11, 2017, 06:24:10 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.
I actually don't use it in a game like dice because there is no method that would work and most likely it will just eat your total bankroll easily. Martingale works with sports betting, you can analyze games and that will give you a better look for who are the teams that are due for a win.
6982  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: February 11, 2017, 05:49:01 AM
Nice idea overall but we are still a long way from realizing this dream. The first priority should be to increase adoption.

Yes, very long way to go for the gov to accept bitcoin.

You are wrong. There are already governments that has seen merits on bitcoin they are CHina, Philippines and Switzerland. China has already declared that it is the right of the citizens to own bitcoins. While the Philippine Central Bank has already announced that bitcoin is a good form of financial payment. Switzerland on the other hand has its government accepting bitcoins. With these at hand it is only a matter of time when countries will accept bitcoin as tax payment.
However that will not happen easy, the government are aware of the weaknesses when using bitcoin, they are fully concerned with the Anti Money Laundering. If you see the recent price has drop, my opinion is because of the People's Bank of China (PBOC) directing exchanges to enforce Anti Money Laundering, they are aware of the risk, and sooner or later we can feel that exchanges will be more strict in complying with government laws and regulations and will compel us to follow.
6983  Economy / Economics / Re: Bitcoin or zcash? on: February 11, 2017, 04:36:18 AM
Yes. Its possible that two or more currencies to grow on demand. Thats depends on the support and demand of a particular crypto. Bitcoin is the most outstanding cryptocurrency in the world. Its still has no competition. Zcash is a good alt but the support is quite lower than bitcoin. Only time will tell if this coin could be a good rival of bitcoin.
Stability depends on how long it has exist in a progressive manner, bitcoin has that, we have been into crisis but still we are here and seeing the price now would pay off our effort and the amount we risk to invest and support bitcoin. The competition is only among the altcoins themselves, but not with bitcoin, it's very strong and we have witness many times how the price of altcoins will fall once the pump of bitcoin starts.
6984  Economy / Gambling discussion / Re: Investing in casinos on: February 11, 2017, 03:45:42 AM
That's a good idea but most of the trusted casinos out there provide really less returns like 1-3% a year as far as I have heard. It may be more but unfortunately it is still less than the return bitcoin provides you every year.
So I would recommend you to not invest in any caaino and let the bitcoin stay in your wallet.
1-3% in a year? where did you heard that? that return is when you deposited your money in bank. I've said if my investment increased 20% since i invested my money in a dice site (if you read my history post, you will know where i invested) on 6 months ago. The return could be more if someone lost a lot or it could decreased when someone won a lot.
Gambling sites offer good return compared to banks if you have a good amount of capital, you can double your money in a year and that is fact. When planning to invest in a gambling site, make sure you are into long term investment as the output cannot be felt in a short team. Casinos does not win on daily basis but they do win in the long run, think of that reality and you shall be convince and more confident with risky bigger.
6985  Economy / Gambling discussion / Re: what is definition gambling in your mind? on: February 10, 2017, 06:29:12 AM
Many people said the gambling is just a game and another people said it is Investment. How do you think?  Roll Eyes
Many of us had their own meaning when it comes to gambling, some of them gambling is for fun, some says its a kind of investment that needs a smart way while doing gamble, and some says gambling is bad. For me its up you of how are you gonna treat it, just important is your not hurting anyone and gives you happiness it can be consider that gambling is good.
That's the right thing to do, regardless of the outcome, we should maintain the fun. We win and we lose, it's normal in gambling, if you do not have the skills to win in the long run, you cannot consider gambling as investing activity. Don't be blind with you performance and keep tracking it so you will know if you are profitable or not, if not, you have to do appropriate actions to limit your loses to continue gambling.
6986  Economy / Gambling discussion / Re: Reasonable bankroll for new gambling website? on: February 10, 2017, 06:04:02 AM
Whats up guys. Smiley

As stated in my last post I'm currently developing a new gambling website. Wink
I got a few fine bankroll deals so I'm wondering what amount would be reasonable to make sure I can pay at any given time. Smiley
Anyone got ideas, suggestions or even experiences that would be helpful to share? Cheesy

Greetz~ 
To attract gamblers, you should have a decent bankroll, my suggestion is to have at least a minimum amount would be BTC50, it should be your beginning bankroll and you can add features on investing to increase your bankroll.
You are in control of the rules, you can limit the bettors bets maximum for you to stay operating, that will avoid whales putting big amount that might wipe out your entire bankroll.

Normally, you are into profit as long as you are operating.
6987  Economy / Gambling discussion / Re: What are the most popular bitcoin gambling games? on: February 10, 2017, 02:24:13 AM
The most popular bitcoin games is dice, it is a profitable business because it is easy and more people would love to gamble. In overall,sports betting are the most popular but big sports book does not accept bitcoin so it is still dice as of the moment. You can play a lot of games with your bitcoins online while dice gives you a faster result and if you are lucky you can easily bag a good amount of profit.
6988  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: February 10, 2017, 02:09:25 AM
A person still do gambling even if they lose because in their minds they always expect to gain back all the previous money loses that they wasted. But, in reality as they engaged themselves more with gambling activities, the more frustrations they will be encountering because gambling admins were more focus on their welfare and not all of the players benefit with regards to profits. You must have moderate ways in playing gambling so that you could prevent habitual playing which leads you to more loses.
That will cause bankruptcy, we have to let go of our loses and consider a new day a new chances for us to get a win. It should be taken one step at a time and discipline ourselves so we will not be distracted with our previous loses. If we keep chasing our loses, it will only let us lose more.
Never be too greedy in gambling as it is not a right place and game to be.
6989  Economy / Gambling discussion / Re: Why we still gambling while we always lose? on: February 08, 2017, 05:42:55 AM
Because I think exciting, a lot of people who say that the results of win or lose has no effect. Most get them excited when gambling is satisfaction. I think, this is not reasonable, there are a lot of fun we can get without gambling. The fun thing is investment rather than gambling. And the most important thing is, we're not going to be rich from gambling so that makes us have to be use rational.
That shows we are gambling more on that fun than the money we can win, despite of the chances of losing which happens most of the time, we are still doing the same thing over and over again. Me, I love to explore more in different gambling games and will not limit only with sports betting.

Gambling is one way that makes me happy, all day I am so busy working to earn money for my family and I just need a little time to enjoy without going it, I can do that now by just looking at my computer and play games. That's a great experience and I want to stay entertain in gambling.
6990  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: February 08, 2017, 05:02:51 AM
One method when I play at a dice site is hit and run. When you get your momentum and gaining profit from your initial bankroll better to withdraw before you will be busted. The moment you gained withdraw or keep it for the next time you will play. It's simple but effective tho. 
Best method, at least you can enjoy your profit on certain occasion like that. We do not win all the time but that privilege to win is something we should be enjoying for awhile though. The next time we return will not give us a certain good result but that is gambling, we win, we lose, we just have to get used to it and what matters is we enjoyed doing it.
6991  Economy / Gambling discussion / Re: do you like slot games ? on: February 08, 2017, 03:39:32 AM
Slots are the most boring games every. Your just mindlessly pressing a button. The only time a slot becomes interesting is when you hit a bonus. At least with dice you can use a strat and feel like you have a chance of controlling if you win or not.

My mother likes the slots and i just can't figure out why. I play with here but i would rather play a table game then just press a button anyday.
It's boring to you but it's fun to others just like you mom. Slots are not a type of game that we have to do all the time, there is no way we can win if we keep doing it, it's fun only if you do it in an actual casino because your chances of losing is very big so you just have to enjoy at that point.Never won slots that is why it does not interest me but from time to time, I can play with a little amount compared to my betting average with other games.
6992  Economy / Gambling discussion / Re: Investing in casinos on: February 08, 2017, 03:24:18 AM
Well, now i have no experience of investing in casinos, but so far as i know it will be trust-able, becasue i don't see any bad thing about any gambling sites, and i am show all gambling sites are trust-able. So if you want to invest in any casino than should see the history about this casino, otherwise, i think it is a good idea. 

Why not try for yourself? It is not that bad to invest in casino's even the returns and profits are not that high but if you want to diversify the bitcoins you got. Investing in casino's is one of the best investment so far, just choose the casino's that are reputable and has good record from their early investors. Try it for yourself.
We will only know how profitable investing in online casinos if we will try to do it, the risk is pretty low if you follow what the OP is currently doing. Invest in a legitimate gambling sites only and do your job to research before putting your money.
It's a no-brainer actually because the fact that gamblers loses in the long run then it's a guaranteed profit for the gambling sites, we just need to consider the volume of gamblers for betting profit.
6993  Economy / Gambling discussion / Re: accurate sport prediction on: February 07, 2017, 08:46:13 AM
There is no any real service/tipster who can predict match accurately and if they can predict match accurately why they will sell their tips rather than making whatever they can with their own money. Doing own research about the game you are betting on is better than following other's tips.
Unfortunately, there are still people who fall for this kind of service, maybe that is because of the desperation to win in gambling. When I was new in gambling, I almost get this kind of service, but when the price I have to pay is known to me, I automatically back out.
They will be asking for bigger service fee as if they have a information that is guaranteed to give you a win.
6994  Economy / Gambling discussion / Re: How did you started to gamble? What was your beginning like? on: February 07, 2017, 07:48:15 AM
Hi guys!
Gambling is nearly as old as the humanity itself. What was your way to start gambling?
How did it go? How long have you been gambling? Have you ever stopped for a while? Do you see any future in gambling?
Let others know and share your stories! Wink

I was involved in gambling but not often play with it, in fact because of bitcoin why I came in at gambling sites. and yes I did stopped because I know it a good habit at all. Aside from that I don't see any future in gambling sites.

Or are you saying that gamble is not a good habbit since you stopped it.  I think gambling if controlled is a good recreational activity.  Oldies use this as tool to socialize with their friends.  While those who are busy at work use gambling to unwind.  Sometimes I gamble just to relax and at least release those stress from works.
I am old and I can tell gambling is a way to relieve our stress in life. Honestly, I lose more than I won but that fact does not make me stop in gambling. The entertainment value you are getting is worth of the amount your loses. I guess we just have to accept loses so it could not affect our finances hardly.
6995  Economy / Gambling discussion / Re: 2016/17 NBA Season on: February 07, 2017, 05:50:44 AM
The game between the Cavaliers vs The Wizards is very entertaining, Lebron making miracle shot cause the Wizards to end their home winning streak. Now, this team is better now, I think the Cavaliers has a new threat from Wizards, Scott Brooks made this team like the Thunder which are good in offense, he know how to utilize the talents from his team now.

Thrilling game between the two. James’ three-pointer with .3 seconds left in the fourth quarter forced overtime,
He also made a career-high 17 assists, passed Lenny Wilkens for No. 13 on the NBA’s all-time assist list.
Cavaliers sending message to the resurging Wizards, that they are still the King in the East.
Could be right but that is a close game, luck only give them the win. The pass from Kevin love is a very good pass, this time the big 3 really made an outstanding effort of entertaining the crowd and bringing a win. I hope this will not make the wizards lose their confidence, I want to see them taking down great teams.

Further, John Wall did a great effort together with Bradley Beal which makes me want to see them healthy throuhout the season, they have to be very careful as without them, Washington Wizards are not fun to watch.
6996  Economy / Economics / Re: How many BTC will make you a fiat millionaire in 5 years? on: February 07, 2017, 05:26:03 AM
I vote 100-500 since i believe that there will be mass adoption in some years and BTC will be used as a safe heaven to troubled times ahead.
of course within 5 years to come bitcoin prices will be higher than this view bitcoin users continues to grow, so maybe you just need at least 100 bitcoin to be a millionaire
Well, if this current trend will continue that is not impossible to happen, I am actually very optimistic that we will have a good success if we will choose to invest now. Bitcoin's success cannot be stop anymore, it is our voice and actions that will make it successful and I believe this will lead to a better world as bitcoin continues to exist.
6997  Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now on: February 07, 2017, 02:35:03 AM
The rise of electronic banking and payments is increasing rapidly. I believe in 20 years, we will be using devices such as chip implants to pay for things. If bitcoin is around, I truly believe it can have a major role in the

electronic banking world, and can be used with devices such as these.




As the world moves, we can expect this type of improvement to be implemented. This will be good for us as we will be safe and we do not need to cash anymore every time we buy something.

A lot of option to transact is good for us, one of them for sure will be bitcoin because I believe it has the most advance and practical way for online transactions, the decentralization thing will rule.
6998  Bitcoin / Bitcoin Discussion / Re: How to make governments accept bitcoin? on: February 07, 2017, 02:15:10 AM
it takes time and trust that bitcoin is recognized by a state. many governments still fear in legalizing bitcoin. the only way is to use bitcoin as often as possible. So the government should not have to recognize bitcoin for a functioning economic system in the country.
for now, the government is very scared with bitcoin, because they think bitcoin currency is illegal and assist the process of crime such as money laundering and so on. maybe in the future the government can accept bitcoin under certain conditions
i think the accepting of bitcoin by the government is concern with the mass adoption. if people are accepting bitcoin and their number is increasing then government will also think about accepting bitcoin, but it is also a fact the government will accept bitcoin under certain conditions.
Yes, before making government accepting bitcoin payment system, we must make our friends and colleagues to adopt bitcoins. When more number of people will be using bitcoins, there will be more merchants and hence government may start think about accepting bitcoins as one of medium of exchange with some regulations like imposing taxes.
Nope, a government does not care about how many the people are trying to adopting the bitcoin in nowadays. but they just need to prevent the risk has provided by bitcoin.
A lot of the adoption in Venezuela and it's not showing good interest by the government.
Maybe because a lot to us is not that big to them, it's still very young and it does not threaten the government yet. If the government is not making any actions against bitcoin or actions to regulate it, I guess that is a silent way of saying that they allow bitcoin to circulate. The fact that we cannot spend our bitcoins in  real life to buy for what we really need, then we have to convert it to fiat, and the government can still benefit from the taxes we paid.
6999  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: February 06, 2017, 01:31:17 PM
I don't feel a shamed about it I'm quite a open book with everything also with gambling. And I have many friends who gamble from time to time, so for me it's quite normal.  Smiley
That is the normal reaction. I mean if you are feeling shameful for gambling than you are doing something wrong. The question is being a gambler tough.

I mean is OP asking if you are a gambler who loses everything that can’t stop or is he asking in general.

If its in general gambling is not something to feel shameful for, its entertaining to gamble. If he means being a gambler and losing everything and putting your hard earn cash into gambling than that could be shameful so it depends on what he was asking.
When I started to gamble, I never think of being ashamed because I know already that it is very fun to gamble. Regrets will only happen along the way when at times we will not be responsible due to the fact that we can lose control and will not be able to implement our game plan properly. But aside from that, we lose in gambling but we are still enjoying what we are doing. Maybe that is the reason why we are staying.
7000  Economy / Gambling / Re: BITDICE CASINO - CONGRATULATIONS TO WONTON FOR WINNING 300BTC on: February 06, 2017, 01:08:29 PM
is there any thread or announcement when will be the giveaways and trivias will be on?

No more thread, only this one, they will announce here if there is some giveaway in the chatting room, so watch this thread more carefully, we can get more bonus.
True, as we see here nothing new thread about the giveaway, will have to wait and be patient because it seems BitDice was busy with the development of this site. If there is a giveaway or other promotions an interesting will surely be posted here. So often to check here and do not miss Wink
I'm pretty sure the wait will be worth, don't show you guys are too excited, lol. Grin They have their words and they will formally announce it in due time. With a lot of promotions like this, it makes bitdice the most outstanding gambling site among others.
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