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7041  Economy / Gambling discussion / Re: What Is Your Worst Moment in Gambling? on: March 04, 2017, 03:40:45 AM
I would say one of the worst moments is when Fortune Jack increased their minimum withdrawal limit to 0.1 BTC without any prior notification i would consider that the worst moment if you are rolling who uses a low bank roll because the site does not have a deposit limit but still want to control it with the withdrawals. Wink
That was worst until FortuneJack made and official statement about their action. If you haven't read the statement yet, here's the link below.
https://bitcointalk.org/index.php?topic=774929.msg18051548#msg18051548

Also, I quoted this important statement to clear your doubts
Withdraw limit will be updated on Monday at 9:00am server time and fixed on 0.01BTC
7042  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: March 03, 2017, 01:16:32 PM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

There several ways for us to earn bitcoin here. But there is no fix amount of income but there is fixed income that we can get in this field of industry. I think it will depend on you of how are you gonna get it, it can be in the trading, or joining in the signature camapign, mining bitcoin, or bitcoin faucets,..
Yeah stability is not what bitcoins define and hence hard to earn constantly you can though rest assured that you will win at the end in trading if you have patience and ability along with bankroll but constantly nothing happens.In fact if you are trading the price you may earn very quickly like right now the price is touching sky while sometimes you earn slow.
That's why you have to take this opportunity seriously, it does not happen on a normal day, this time the price is skyrocketing and that means we can easily make money buying now and sell in short term. With a good amount of capital, it can give us a great return as well.
Therefore, we cannot expect a fixed income in BTC trading as the trend does not last longer and since timing is everything, make this time a right timing to buy and sell.
7043  Economy / Economics / Re: Big Crash coming on: March 03, 2017, 12:41:00 PM
I hope the crash is coming xD

I've sold all my coins at 1200!
I don't believe in ETF, and if it doesn't work then it'll have to go back to 1100 in my opinion.

Price is a bit too high right now, not going to crash at 700 but to lower a bit yeah.
I think your wish will not be granted, the price will continue to skyrocket and ETF will be approved, I'm sorry but we have different prediction about the future of bitcoin. If you are right, I would still hold my bitcoins as I believe the the price will only fall temporarily and I don't call it as price crash.
7044  Other / Off-topic / Re: Who controls the Bitcoins? on: March 03, 2017, 12:21:07 PM
I think those who are investing bigger btc amounts controlls the currency today thats why it booms its price, and many of them were now gaining profits, as they hold their bitcoin and hold for another price increase and sell it to the buyers. But this kind of strategy doesn't always take effect immediately specially when the exchange values fluctuates in the market, price will be decreasing sometime in an erratic scenario.
Most of us for sure, not all of us are big investors but we do benefit on the constant price increase of bitcoin, this is the moment where predicting is easy and it gives us easy money as well. If only I have a bigger amount of money, I would take bigger risk buying at the current price now, I have this confidence that I have not felt before and this confidence tells me to buy and hold longer. The demand has been increasing, therefore I conclude that we who created that demand controls Bitcoins.
7045  Economy / Gambling discussion / Re: Will i fail the bet? on: March 03, 2017, 08:21:40 AM
I've got 50mB; and i betting at 0.00001mB increase bet by 100% on loss. If someone can explain to me how i will lose and how gambling actually works then please explain further. Because betting at such a low value i would have to fail more than 20times right? So is the game really fair or how does it work?
Martingale system does not guarantee a win, think of this, if that is very effective then we are all exploiting casinos for profit. Your luck will only determine if you can win or not, and having a cold losing streak of 20 times in a row is very unlucky but it's possible to happen.
Good thing you ask our opinion here and I hope you understand all possibilities, and lastly, if you can afford your bet then go.
7046  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: March 03, 2017, 07:46:04 AM
Indeed, if the price fall back to the point of 100$ per 1 bitcoin, that would be a good investment. Because the potential of this currency in a current period really unpredictable, but if it goes down even to 300$, I should say it's still improbably really profit investment
I totally agree with what you are saying. And it would be great invest if it drops back to 100$ and the rise back to what it is today.
But personally I don't think that something like that will happen nowadays. Because things keep getting better and the price keeps on rising.
it is because the supply bitcoin is set and mining revenues are reduced by half (halving). in theory was almost impossible bitcoin down in price to $ 100 because of the increasing amount of demand. we do not need to wait until the price of bitcoin drops to invest because the price will always go up.
People who are afraid to risk with the current price will always look for a lower price without realizing the possible effect of the market when we go down into that level again. I mean, let's be realistic and learn to move on, by thinking of the lower price we already loses our opportunity to buy bitcoins now. The price movement and its market in entirety will tell that progress will continue as more people are coming to adopt.

In the end, it's the law of supply and demand will prevail, so hold and buy now while the demand keeps increasing.
7047  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: March 03, 2017, 07:16:58 AM
A very basic but the most difficult part in gambling is to have a control on how much in a day you can lose it and go away . The moment you lose out this control is the time when losses start getting bigger to cover the loss and make profit . If you can make this in your favour you will be in better position any time .

Being smart also means being in control. Meaning, a gambler who is in control don't aim to win as big as the jackpot. They want to win smaller at a time so when they lose, they only lose small too.

It takes time to learn it, and it needs a strong will to refuse and resist everytime you feel like you want to rush or gamble more.
If you know what you will do in certain times and different scenarios, then you will probably know the strategies that you are going to do. People are going to look at you as a very lucky player but in truth, you just know what to do, you analyzed and conquer the game. It takes time, really, to be really good at something and practicing it is key.
Gambling is a special journey towards making money, some had spent a lot of time, effort, and money but to no avail, success is still not at reach. This is called as the hardest way to consider as a source of income and that is for a reason, therefore we should know by evaluating our capabilities if we can do a better job to bring success.

If you feel you have no chance to be profitable in gambling, it's better to quit at the right time and give up, there's plenty of opportunity to take where you can use your time and money wisely.
7048  Economy / Gambling discussion / Re: When is Gambling Like Investing on: March 01, 2017, 01:33:40 PM
People that have no idea of what is going to happen as the end result is the most common method to Gambling. I would consider that method as the most common method to losing money because there is a 70 % chance that the person didn't research the match before placing a bet.

If someone puts money on something that they did research on then I would call that an investment more than a Gamble (it really is just an asset though).
Making a research will just give you the information that is considered as your basis to analyze your bet, however it does not mean you can easily win. I'm sure most of us who are doing sports betting made an analysis but we have different perception and understanding on what we see.
Gambling is a game of chance and there is no guarantee that we can win but to make it like investing, we have to make an effort and hope for the best that the outcome will favor us most of the time. When we make mistakes, we need to correct it, when it lacks something we need to adjust and add to make it right, it's a process that we must continually do.
7049  Economy / Trading Discussion / Re: Is it still worth it to trade? on: March 01, 2017, 01:06:03 PM
I wonder if someone still should get into trading Bitcoin at this point? There was a time with incredible aggresive swings so that daytrading was interesting, but now the movements appear but much slower. Is it still worth it to trade?
Bitcoin trade is worth it if you buy bitcoin in a low price now is the best to sell them as you can see bitcoin is very high now. If i were you am still hold it because bitcoin price is still going up. And this year is good to keep bitcoin as my own observations bitcoin can reach 3500$
That basic is order to succeed is to buy low and sell high and there is no specific price to determine whether it's low or high because that will only depend on our own evaluation, and our evaluation will always based on relevant factors (past, present, and future) market movement.
Everything is just speculation but a speculation with a good basis is right most of the time, so we should do that.
7050  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: March 01, 2017, 12:43:25 PM
I think the biggest disadvantages of bitcoin is that it is always been scammed because mostly it is traded online and also bitcoin is not yet so popular in this world that even you have many bitcoins you can only buy to a market which recognizes bitcoin and which is seldom.
I'm sure you don't get it or really don't know what bitcoin is. First it is not an investment but just a payment system, some people who wants to scam uses bitcoin as a payment method to deposit in their sites. Example for this are HYIPs and the PONZI scheme, they require investors to deposit bitcoin because it's easy and they can get more market of people.
Bitcoin is a very legitimate asset, currency, or whatever you wanna call it, it has reach to this progress because people believe in it.
Since no system is perfect, bitcoin has also disadvantages but there are more benefits than disadvantages that's why we choose to trust it.
7051  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: March 01, 2017, 07:08:20 AM
It will not happen soon but there is of course a chance that it will be possible because you also see that Bitcoin is getting more used and more acceptable so that is nice

I think that's not a criteria on why bitcoin would replace dollar.  Smiley

Governments don't want something that is uncontrollable. It's either they kill it or acquire it. Same as in bitcoin, It will only replace dollar if it is under the  control of the government, probably a centralized one.  Smiley
Honestly, we need to be realistic so we will know the real answer. Bitcoin in any way cannot replace Dollar because that currency is too powerful and I even doubt if we can replace a weak currency. The thing is, we do not belong to their level since we are decentralized while every countries currency has their own government to protect and to improve theirs.
7052  Economy / Gambling discussion / Re: Giving up gambling is not easy on: March 01, 2017, 06:37:45 AM
If you become an addict in the gambling games it wouldn't be really be easy to give it up. It is just like a part of your body anymore, meaning into ourselves we don't want to remove it just like that only.  But if we realize how bad it is into our life we will also do everything to change this things too.
Being addicted in gambling will make you very dependent on it, and because you are very dependent, you need to do it all the time and that means all the time you are risking your own money. It has nothing to deliver good to you since the fun is gone and the only thing that remains is your urge to gamble and even if you win, you will still end up losing.

It's disease that must be treated although giving up is not easy, as long as it's possible to quit, there is always a way to quit and we just have to follow it and admit that we are not our old self anymore and we need help.
7053  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: March 01, 2017, 03:55:42 AM

Certainly, the basic needs in gambling is the analysis. If thou must do an analysis, your bet would not be worthy at all.

Only sportsbetting however you dont need to analyze everything that is not related to sportsbetting. With the right analysis people can guess which team that will have the advantage over the other therefore this will increase the chance of winning although Im sure that alot of people lose as well after predicting it

It's also applicable with poker and whether you will analyze or not it depends on how you are going to be that lucky on that day. Because luck and analysis is always a tandem in gambling or trading. And I don't think by simply gambling alone can give you an easy way to make profit / winning in gambling, just be an investor and see your bitcoins work for you.
Yeah, that would be one of the last alternatives I would consider for profit. But if you ask me, I think I would try possibilities like blackjack, sports betting or poker, because I think it would be easier to use some strategy in it.

maybe we can try with sports betting and with some good info that we have, we can win the games like every body else but we don't have to expecting to be a winner in every bets we placed because there are not possible our team can win in every match. the other way to make a profit from gambling is we collect the small amount that we win and don't use our profit and only use our base bet so we can collected until we reach the amount that we want.
Luck based games and skilled based games needs to be done in a different approach. If you are a gambler who aim for profit in gambling, what you need to do is to raise a good amount of bankroll first, when betting in luck based games, do not bet in longer run as you will lose while in betting with skilled based games, do it longer as you will learn what needs to improve to win. That's how it should be done, but everything will still be successful if we are lucky enough to win.
7054  Economy / Gambling discussion / Re: 2016/17 NBA Season on: March 01, 2017, 03:16:46 AM
3 point shooting is still cold for steph curry, and kevin durant is out because of hyperextended knee. It will be hard to win against washington wizards if steph's shooting won't click. Goodluck to my bet. Odd is now @2.8
You bet won, I made a little profit on this game as well because I believe the Wizards will handle a tired warriors team playing on the road. Checking on the records, we can tell already that the line seems overrated for the warriors considering the Wizards are playing great at home.

I hope most of your guys made a profit tonight because I think this is the easiest bet for tonight with a great odds.
7055  Economy / Economics / Re: The future of the paper money on: March 01, 2017, 03:00:48 AM
in 2009 bitcoin be made followed by altcoin and is now a successful crypto currency and many who are interested with virtual currency such as bitcoin, in my opinion someday the paper money will fade
Majority of people who came in the crypto does not really know that there are altcoins, bitcoin is the most popular and in the crypto world and will continue to be the most dominant crypto currencies. Because of the continuing increase of price, some altcoins had slightly losses their value because investors focus their funds on bitcoin. Now, talking about paper money I think this will stay as long as all people will not adopt into digital currencies.
7056  Economy / Economics / Re: Bitcoin is Freedom on: February 28, 2017, 11:31:51 AM
You have freedom to use bitcoin but in limited places online since still few website or  people are accepting bitcoin as payment.. but we are growing and hoping like other said to accept bitcoin locally.. but i doubt that government will not let bitcoin to use locally instead it will be mark as illegal currency like in other country.. hope they can make it as legal currency..
we can use bitcoin online in a wide range. i think now most of the big and small online shops are accepting bitcoin, there are so many other online business which are also accepting bitcoins, while in physical shops the use of bitcoin is a little slow but hope that very soon we will also be able to use bitcoin in our legal shops.
Online shops that are only located in big countries for sure, I have not seen their presence in our country despite the fact that bitcoin was already recognize here. Bitcoin is recognize as a payment system in our country and we are oblige by the local exchange sites to comply with the ruling of the government.

I see this action of the government will result to a positive effect on the economy of bitcoin as this is the beginning big merchants will be more confident to use bitcoin as their payment system on their business. Let's just wait for the right time and watch how the economy grow for us.
7057  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: February 28, 2017, 10:53:10 AM
Yes its considered as a sickness if you are addicted in one thing its confirmed you have sick. Because you don't want to stop it and you can not stop thinking of it. Its causing a stress to you and you want to go through this again till you see the result of what you doing. Avoid gambling to be able to make a good time and not worry about it.
As long as you could get hold of yourself and have the common sense it is fine. If you are not able to control yourself,you can be a addict in many area and even that can cause problems and may be termed as sickness. Gambling is to spend some spare time and some change and not to make some profits and if you have motto then it is fine.
Most gamblers would say that gambling should be for fun only after the fact that they experience some loses, like me I would recommend to play it with limit because it's hard when you are in the situation that you are addicted since you will lose control on managing your emotion.
I'm saying this based on my experience as well, when I was new I feel like gambling is easy but when I lose hard, that's the time I realize.
7058  Economy / Gambling discussion / Re: Does experience matter in gambling? on: February 28, 2017, 07:16:26 AM
Experience does matter even if the system is luck-based. A lot of professional gamblers don't become rich overnight. They have their down and up before they became professional gamblers. All this does not base on luck only but also experience - even for luck based game like dice and roulette*.

* sometime, somehow in a non provably fair casino (mostly physical casino), you can see a pattern after a while.
I don't use patterns to win, all should be based on the information and the outcome of our analysis. Mostly luck based games are games where we employ patterns and we know it will not last since they have the advantage and the fact that they can monitor who is winning or not, they can easily adjust the system and pattern is gone.

Winning won't come easy as no method will work overtime, so if the sites work for their advantage to win, we should do our job also.
7059  Economy / Economics / Re: Blockchain adoption by banking sector on: February 28, 2017, 07:00:06 AM
Why would any centralized company/organization wants to use blockchain? they are in control of everything and they have all the records.
It's not like banks trying to double spend their own money, since people can't access their system there is no need to implement such technology.
Becasue they're connected to each other, and they're using an old and slow system at the moment to exchange data between their systems. World is changing, now, when you can send an email in some minutes to the farest country, why your money would still remain slow? Today, if you want to transfer money from a bank to another bank in a different county, you have to wait 2-3 days. If banks have a blockchain based clearing system, they will clear transactions in an hour, and not in 2-3 days time. This is the goal, this is why they're trying to find a solution, but as long as they are only developing the technology, it's quite a slow process.
People want a faster and cheaper transaction and bitcoin has delivered that to us, the bank sees that as an opportunity to grow their market and to attract more clients. Not necessarily that they will adopt but they are developing their own system, we don't know yet what would it look like as they had not release it if there's any. My interest only falls with bitcoin and I wan the current system will work until the future, and if possible no government intervention.
7060  Economy / Trading Discussion / Re: Fixed income with BTC trading? on: February 28, 2017, 03:30:45 AM

I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?

if you want trading for living use bitcoin youre must have skill and big capital money
because average waves in monthly bitcoin price is not big, if only low capital money my sugestion altcoin trading or forex trading, because use low capital money can get high return , but high risk too
Altcoins trading would be more viable for our small amount of capital, there are coins that pump up to 50 times and if you can predict when will be the start of the pump, you can easily make money even in a short period of time. I guess as a trader, we should not focus on the fixed income as you can earn unlimited amount here, hence, it's always better to do the right timing to earn a huge amount of profit and then quit if possible or you can still continue but diversify your investment in different industries of the business world.
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