You are wrong. You must see what do the masters of patterns and strategies with this kind of gamble and then must talk. For example you must learn from neochiny which know that the others realize patterns and strategies even without knowing that are doing that. So it was enough to thrown the dice and already you have realized a master strategy in dice which is unknown for you. In this case you have realized even one strategy yet without knowing that you are a strategist. Then is even the strategy of Betwrong. A victorious one which foreseen as regular and acceptable the loss of all your money with probability more than 50%. So you will (can) won when the most probabilities are to lose. Where can you find better strategies compared to those. Especially the second one made from someone which has as a username a winner one: Betwrong. It is the name that tell everything.

This your post you must copy and paste and then create posts which must be put in every thread in which is discussed about gambling. And not only one time. But every time your will see someone which write about various big, victorious and infallible strategies, approaches, models, paths, uninterrupted victories, living ways and earnings as well as to many other inventions (for sure based at peer to peer having posted those at the place which is created notably for the first materialization of such technology) regarding gambling. Are to many (to not tell almost all) the people in such kind of threads who present the above I don't know which can be the name which can take. I think that reading your simple post will not change nothing because such kind of people are people with strong character regarding the gamble. Maybe most of them enjoy only when lose money. So cannot change almost nothing your story. But maybe can give some input in helping to improve all the above I don't know which can be the name which can have. Seeing that are even people who suffer the loss of money and become different after the loss of that money can make them to shake even more the ranks in order to be ready and to enjoy more when will have much more loss. As a conclusion will make them more happier and with less money than before. The exact thing that most of them want.

The first rule in taking and giving money in loan is to have or give those in the currency in which you will use those and will earn from those. It is a big wrong to borrow bitcoin and then convert those in other currency (normally whatever be that money and whatever may be the possibility to earn), earn with this last currency and then convert in bitcoin and pay the rates. And this for a simple reason. No one can know how will go the value of each of the currencies. So you take another very big and impossible to be known risk when do such kind of borrowing: the going of the value of both currencies. To not speak here where it is spoken about bitcoin in such kind of relations. Everyone who know bitcoin know its volatility. With bitcoin is risky to take bitcoin and use as bitcoin (because of the high risk of investing or use of it with scammers which are to many in online opportunities because of the nature of this kind of business) and not to change it in other currency and to work with the other currency. Never must be made such thing.

I bet that most of the money out of China are going in the form of bitcoin. If are measured or known such transactions (or amounts) or not this is another thing. But all this monetary activity and all that existing demand in China for bitcoin cannot be not reflected in such kind of activity. Who know how many Chinese people will want to hide their money from the tax system or only to not be known by no one their savings or earned amounts of money.

That is a clear sign of the evaluation given by the market and the costumers to someone or better a group of people who know, want and do fair business. Coinbase was a simple startup three-four years ago when began its way as a bitcoin business. With clear ideas in mind. I know this because I am user of Coinbase wallet since about three years ago and since that time their aim to be a big successful world business was clear showed. Giving direct answers which showed this they aim to me during my correspondence with them about the possibility that the full options of their e-wallet be possible even in my country which is a little and not important one. Their prices in buying and selling of bitcoin are the best ones. Are correct with everything. Why must not have "explosion" of work and volume? 

Ha, ha. The Big warrior is back. With its ignorance and the security of the ignorant. At the beginning I guessed that was a crafty but seems that is an poor person. Who cannot understand what is written. And making the crafty. Or I'm wrong. Who knows.  The Big warrior who need war and make fear is to deep to be understood. Anyhow Warrior, your above brilliant twenty words excellent two sentences has an answer since my first post (which, as I see is totally incomprehensible for you).

Short explanation (without references):

The being "tangible" is an essential quality of the being "good". And not directly connected with  the being an "economic commodity". But being the economic commodity or good or services (and nothing else) and being bitcoin classified as a "good" within the economic commodities (because of you and Dr. Wright) mean that an "economic commodity" FOR SURE (as a "good") must be tangible. I hope that you and Dr. Wright don't classify bitcoin as a service. If so I have no words and explanations to do.

This kind of reasoning is called logic dear need for war who make fear. Do you know you what is this? As a conclusion (always using the logic as above made) your game of words given as scientific answer must go and must do to your friends with whom make war games with Xbox.

Long explanation (with references) is given to my first post. Read it again need for war who make fear (if capable to understand and if will be able to understand what does it mean logic). Or better I'm giving again only the part which interests this discussion here:

According to Wikipedia https://en.hwikipedia.org/wiki/Good_(economics):

In economics, a good is a material that satisfies human wants and provides utility, for example, to a consumer making a purchase. A common distinction is made between 'goods' that are tangible property (also called goods) and services, which are non-physical.

Then always according to Wikipedia https://en.wikipedia.org/wiki/Tangible_property :

Tangible property in law is, literally, anything which can be touched, and includes both real property and personal property (or movable property), and stands in distinction to intangible property.

Dear Warrior who need war and make fear, concentrate your sharp attention at the words in bold and with colors if you will find yourself unable to understand all the sentences. And then answer to this my question: In which day of the week you have touched a bitcoin?

You can find all the long explanation in my first post made in this thread. I hope that you will not made more such "intelligent" and "provocative" posts (telling me to prove things that everyone know that are true like the bought of everyday bread with bitcoin at the bakery because bitcoin is a fungible good) because are in vain with me. I have seen very many warriors like you in my life. And even you make me fear i will be able to vanish my big fear and confront you.    

Sorry TPTB. This time will be me extremely short. More than you. Read this article and will find the answer about your level of knowledge about Dr. Wright (to not forget alias Satoshi Nakamoto declaring this without asked by no one):

http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

I made a post in the beginning of thread telling that my big mistake doing with bitcoin was investing in clod hashing mining. And gave even amounts of my mistakes. Well. Today I can finally be sure that my big mistake made with bitcoin is another one about which I was not sure that was lost (in the form of bitcoin) since these days when everything is decided. It was an investment made with 12 bitcoins in one anonymous investment fund created by a website. Was three years ago and bitcoin was bought for about 40-50 us dollar one. So 12 bitcoin seems nothing. Add here the fact I was just known with it and everyone can have all the picture of that situations. The bitcoins of the fund were stolen all but the owners of the website offered as a compensation way the value of bitcoin invested in the time of investment. So I had some money from these bitcoins but if I had those now there it will be another story. Everyone make stupids thing in life. This maybe is the biggest (or for sure one of the biggest) i have made. Even there was newbie with it and were unfamiliar (can be told even ignorant) regarding its importance. But what is gone, is gone. Must see ahead.

We have another Craig Wright here. Very determined and sure in those which told. Very short in argumentation. Sign of superiority. So no need to give other interpretations about the meaning of the only one sentence bring by him to argues its having right. It is enough to give those. Everyone who read is capable to understand all.

Good. Pleasure to have read your post. But you must be more crafty in doing posts and in arguing your thoughts and those of Dr. Wright (alias Satoshi Nakamoto, presented as such without the request of no one). Otherwise cannot be credible.

According to your source must be told even that what is written after your supposed crushing sentence. Even me will try to be very short (like you) in this post. If I will be able. Because not anyone is so smart like you to give a book full with intensive and very deep thoughts within only one sentence.

FIRST

According to Wikipedia (your source):

https://en.wikipedia.org/wiki/Commodity

In economics, a commodity is a substantially fungible marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.

So it is a little different about what has given who need war and make fear. Then at the same page are given more explanations about such concept (a few down). I am giving below all the paragraph (not for the needed for war - who make fear because he don't need such explanations; it is very prepared about such matter and have no need for those) in order that everyone make its interpretations with his mind and only after reading EVERYTHING has to do with the matter in discussion given by the war needed.

Types of commodity

The term commodity is specifically used for an economic good or service when the demand for it has no qualitative differentiation across a market. In other words, a commodity good or service has full or partial but substantial fungibility; that is, the market treats its instances as equivalent or nearly so with no regard to who produced them. As the saying goes, "From the taste of wheat, it is not possible to tell who produced it, a Russian serf, a French peasant or an English capitalist." Petroleum and copper are other examples of such commodities, their supply and demand being a part of one universal market. Items such as stereo systems, on the other hand, have many aspects of product differentiation, such as the brand, the user interface and the perceived quality. The demand for one type of stereo may be much larger than demand for another.

In contrast, one of the characteristics of a commodity good is that its price is determined as a function of its market as a whole. Well-established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products such as iron ore, sugar, rice. Soft commodities are goods that are grown, while hard commodities are ones that are extracted through mining.

There is another important class of energy commodities which includes electricity, gas, coal and oil. Electricity has the particular characteristic that it is usually uneconomical to store; hence, electricity must be consumed as soon as it is produced.

All the other explanations given below this paragraph are various interpretations of it or development of it but NOT SOMETHING THAT CHANGE IT. Everything important of the above paragraph is treated in my previous one rejected with only sentence with very few words by the who need war and make fear.

But lets leave me. As everyone can see with his eyes, this paragraph taken from the source of the above poster (the one who need war and make fear), is full of interpretations and facts given exactly for and about bitcoin. Especially the part with copper (the main material used in the alloy who create the touchable commodity (good) named bitcoin). End here with this point.

SECOND

Even in this case is not important or needed to give the second point in correlation with the discussion we are having there (because is enough only the part of the words given after the words of the the One who need war and make fear), I must tell only for being correct with myself and to someone who maybe don't know this fact, that Wikipedia cannot be never source more credible than a dictionary of the field in which is discussed. My source is "Investopedia" which is a source much more specialized in the field we are discussing than Wikipedia. So even if Wikipedia may have something that can oppose to my words cannot be credible. It is way away as a financial source compared to Investopedia. Normally such things happens because in economics there are various schools of thoughts and it is not rare that to many situations or concepts can be different (even not less) from one another. But it is not the case in this discussion. As everyone can see there is nothing different in both sources. There was only a small trickery of the who need war and make fear.

So dear poster who need war and make fear what have to tell about the above written by me? Please reject me again only with one sentence with not more than 2-3 words. Otherwise will be not more yourself.  

There will be not never a centralized bitcoin. Or at least something like you imagine. R3 is working to apply the peer to peer for the use in most of the big commercial banks of the world. But never to create another digital coin or worst, to create another bitcoin. In the worst of case they could create a centralized clone of bitcoin but not bitcoin. And this if they wanted to do such thing. But as i told above their interest (the interest of the commercial banks) is to use the technology behind blockchain (peer to peer) to reduce the cost of overall actual and future operations regarding all the normal activity of an commercial bank. But here their aim stops. They cannot create a digital coin even if wanted this thing. They have not the right to do so. The creation of the money within a country, by law, is an inalienable right only of the Central Bank of every country. This is the first thing. The second is even more convincing. Can you imagine (if possible) what can happen if every commercial bank had its coin? Or even every coin for every group of banks? The minimum it will be a big mess. The maximum the not use of those by no one because of costs. If I want to send money (coins) from one bank to another which have another coin and want to promote it, for sure will be obligated to pay big fees for the coin I am sending and is not the coin of the bank which will receive it. Then this my coin may be changed in other currency in which must be used. Other money spent for a very probable unfavorable exchange by the host bank. Then why use such coins?

So you can sleep without problems. Any kind of digital coin will (cannot) be produced by any commercial bank served by R3.

As for Mike Hearn I think that everyone has the right to do what he think is better for him. With only one condition. To not harm anyone. And Mike are not harming anyone with his choice.

I am giving below a previous my post which analyze such kind of definition given by Dr. Wright (alias Satoshi Nakamoto). I am curious to learn his opinion about my thoughts and interpretations, but not being me Gavin Andresen with who he had privileged partnership, this my hope can be archived. Who know if I will be ably to sleep tonight after this disillusion. Below the my previous post (only it is replaced the name of the previous poster with the name of Dr. Wright):

But lets go to the facts. According to Investopedia http://www.investopedia.com/terms/c/commodity.asp :

1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers. When they are traded on an exchange, commodities must also meet specified minimum standards, also known as a basis grade.

2. Any good exchanged during commerce, which includes goods traded on a commodity exchange.

So, according to Dr. Wright, we have a basic good that is interchangeable with other commodities of the same type. It is clear that bitcoin is a commodity because all the things bought with it are of the same type of it. All the computer bought at Dell with bitcoin, all the xBox bought at Microsoft with bitcoin and all the other things bought at internet with bitcoin (porn, movies, gambling etc.) are at the same type with bitcoin. Have its qualities (so with all of those can be bought everything), are an invention of a peer to peer technology and are all within internet (so don't exist out of it). More convincing arguments than the above Dr. Right cannot find.

Then, always according to Dr. Right, commodities are most often used as inputs in the production of other goods or services. Sure, Dr. Right learn to all us that bitcoin is used widely to produce all the above things bought by it. So bitcoin is used as input in the production of computers, xBox, in the producing of porn, movies, gambling etc. Who of us have not tasted a very good porn make and played from bitcoin itself. Another undeniable argumentation made by Dr. Right.

For me are enough those arguments to not go further. Who want to go forward can continue with the other arguments made from this brave, sure and deep cognitive of bitcoin.

Maybe needed to do ever one definition which fulfill the above argumentation of Dr. Right and without which can be created some doubt about everything written above. What is the meaning of good.

According to Wikipedia https://en.hwikipedia.org/wiki/Good_(economics):

In economics, a good is a material that satisfies human wants and provides utility, for example, to a consumer making a purchase. A common distinction is made between 'goods' that are tangible property (also called goods) and services, which are non-physical.

Then always according to Wikipedia https://en.wikipedia.org/wiki/Tangible_property :

Tangible property in law is, literally, anything which can be touched, and includes both real property and personal property (or movable property), and stands in distinction to intangible property.

The big Dr. Right tell in this case only one important thing which is a devastating argument in support of its inspiring theory: bitcoin is a good (commodities) which is a tangible property: so which can be touched (as it is written in the above definitions). Who of us have not touched with his hands the beautiful coin (commodity) named BITCOIN.

As for me there not can be any kind of prove that can verify this fact. May be the show of the source code repository and network alert key given by him to Gavin Andersen or maybe may the show of the wallet with its 1 million bitcoin. But yet cannot be told for sure anything even with (if) the show of this facts. Because they may be given from him to someone other for various reasons (for example to not be never discovered). I think that him will remain forever a mysterious secret and will influence in this way even in the destiny of bitcoin.

Recently I have discovered another online opportunity in which can be invested us dollar of bitcoin and earn interest for this investment. The interest given is high (60%) but they don't give it in fixed everyday percentage or within a defined period. They told we will give this interest when it will be earned using our way to earn. They earn using a software bot in Forex market. Depending from the everyday results of this software they give the everyday profit. If the profit of the day is high you take more profit that day, if is low you take less. When the overall profit is arrived your investment has close its cycle. There are very few amount in withdraw (less than 10 cent if I remember right) and can be invested even with very few amounts. I tried to withdraw and everything was done within seconds. It is an honest and transparent way according to me (until now). If you are interested to know more pm me to give you the reflink.

After to much time I see you answer and I am sorry to not have seen it before. I see a lot of incomprehensible for me. Because I am not at all an expert in gambling. Even more. I am not even a newbie in gambling. I am nothing in gambling. I have gamble with penny more than 30 years ago with football matches for about 5-6 times and then about 10-11 years ago poker with my friend with pot near 1 dollar and overall money in the table by all four players never more than 100 us dollar. This period was a little more than the previous. Lasted for about 5-6 months. I haven't seen never a casino in my life. I have never played in one online gambling site. So i am less than nothing in gambling.

Then why speak about it and do moral to them who gamble - must ask someone. How can judge something that you don't know. This last sentence is not at all true. I know only one thing about gambling. But is the most important one regarding it. And is scientifically verified. Gambling, if played for a long time and continuously, create addiction. To be addicted to something (whatever it can be) is a disease. A very dangerous one. Especially when have to do with the money. That's the why of my post and my thoughts. You may think all the possible "strategies" and "models" in gamble. If you gamble continuously you are in constant danger to become addicted from gamble. And if this can be verified your problems and the problems of your family (or even more from your dears) will be extremely big. They all (and you first) will suffer in an enormous way and will curse yourself about that you have made.

The last think. Seeing the way you write and from what I read, I see and understand that your are not at all quiet and in yourself. The first signs of the above disease mentioned above by me.

Sure we gamble when eat and drink (water), we gamble when work at least 8 hours a day to have the money for maintaining our family, we gamble even when we walk for pleasure or only for move ourselves, we gamble when learn for more than 16 years everyday for about 4-6 hours and more in a day, we gamble even when we wearing our brain for several hours during all the years of various grades of school and University, we gamble even when we read a book, we gamble even when play a football match (only for fun and without using any kind of money for the winners), we gamble even.... but are remain more hours from the 24 which have a day to gamble other things? For me not. For the above poster for sure yes. Then with all the above gamble normally I loss much more than I have. When I found the money to gamble again the next day, month, year? It is not a secret. Leaving my family without nothing.

Ah forgot. We gamble even when we sleep for about 8 hours. Especially this period is an intensive time of gamble. Because is a gamble with closed eyes. The typical form of gambling for people like the above poster.

Even without seeing these data almost anyone wait the rise of price. I don't think there are to many them who tell to not buy. Almost every post I have read about this matter tell to buy. Who tell more and who less but almost all tell to buy. Slowly but with determination the price is rising. Everyone want this but for me must wait a little. First in order to have the financial possibilities to buy some others before the rise of the price and second to have some return from an investment made with bitcoin when the investment is made in bitcoin, the profit is given in us dollar and then the withdraw (with obligation) must be made in bitcoin. Thing this not declared when you are invited to invest. So if the price rise fast I cannot have even my bitcoins.

First thing I will pay all my debt. Then will put an equal amount of money as a long term deposit in three-four banks (the most healthy ones). Then will buy bitcoins. The amount will depend much from the above actions but for sure there can be not less than 100 and not more than 1 000. Probably more near the 100. Lets tell 200 or 300. Anyhow repeat: will depend to much and mainly from the first needed actions. Choose this order to follow because I must act in the traditional way in the use of the money firstly and then follow my hopes and my hobbies. I have a family to maintain and the everyday bread for this family cannot be bought or assured with hopes.

The same questions did tens and tens times. And given answers of any kind about those. But yet new threads with exact the same question(s). Even without using some imagination to make those seems like new. But simply put some words and create a new thread about something about which are given even exact figures which cannot be known if or when could be verified by no one. Even from God himself.

But lets go with the questions. The first one: will it make new high? My answer is no. Will go under zero. Then: how high will be the new high? Question: why make the first question when you know that the answer of it if yes. Otherwise you cannot make the second question. This puzzle is known only by the creator of this innovative thread. Anyhow I'm giving again the answer for the second question (that with to many "high" within). Even the price will go under zero the new high will be 765343245.987654362789 us euro and will be achieved at 57 November of 2011. As for the third sentence which give your opinion about the price that cannot be contested in any way. Full of argumentations and sophisticated interpretations make me to feeling an idiot with my predictions. Told myself: I must learn from this guy...  

The above things are developers stuffs. So I cannot tell nothing because I don't understand nothing about the probable possibilities or the ways that must be followed to have confirmations. Have no meaning to tell that is very boring to wait for the confirmation in order that your bitcoin have the right to be used or treated as given definitely to its destination. It is a little improvement compared with the beginning (two-three years ago) regarding the confirmations (before needed at least 6 confirmations that the transaction be considered as good from the other part which received the bitcoins while today it is enough even if have only one or two or max three) but not enough to not consider again boring the wait.

Anyhow the main reason of this my post is not much the normal wait for the first, second or third confirmation for the normal transactions (which normally last 10-30 min) but for the "lack and the missing first one confirmation" for that kind of transaction treated by the blockchain and the miners as unworthy and leaved without confirmation for hours and hours. Its turn to be confirmed bypassed continuously from more "important" ones and the sender must wait since some miner or the God itself see that exist and must be treated as the others. This is the must tormentress wait. Especially if you need that this transaction goes as soon as it would possible in destination (because of various reasons or needs). There are such kind of things that must be fixed before all. Every transaction must have the undeniable right to be confirmed when it is its turn. Period. After the solution of this situation can come the solution of all the other ones.

For me an early adopter is someone with high curiosity for the very new and maybe (not always) even (in the first seen) strange things. Then have the desire to be part of those. Or to have from those. There can be two kind of early adopters. The firsts are they who after the first attraction begin to "dig" about those to learn more. Normally more understand more take form a based decision about the becoming more part or to leave those. Then are the second ones who want to try just for trying with the hope that maybe something can be from their effort. Without taking the effort to know more. Or to know only very few possible useful things related to their choice.

Here are not classified the people who know everything of the new thing since the beginning or at least before the appearance on the public of that. They become part of those because have big hopes that their chooses will bring almost for sure benefits. They know all and cannot be named as early adopters. As for me, to adopt something mean that this thing is created (or is in its way of creation, or it is clearly ready to be made) and someone, knowing it in the just told ways and phases, make him interested about it. Following the previous meaning, the ones who knows everything before the phases told in the previous sentence, can be considerate more as a part of the new thing than an early adopter of it.