Bitcoin has helped cut the cost of transaction to a considerable level.If it is banned people will have to pay lot of extra money to move money.
If this was 2012/2013 I would agree with you, but in current times Bitcoin is more expensive than the majority of the payment services. Especially when it comes to the ratio of transaction value vs the included fee value. If you are familiar with PayPal, then it's obvious that Bitcoin is completely outruled when it comes to transacting instantly and free with family, friends, etc. PayPal is also free when it comes to buying goods. Nah man, Bitcoin severely lacks in that regard. I assume many governments are now aware of benefits of bitcoin but due to various reasons they don't legalize it.
Governments have been well aware of Bitcoin right from the start, but they didn't seem to take it very serious at the beginning because Bitcoin was just a joke for them. Now Bitcoin is constantly growing larger, governments realize that something needs to be done, and that's exactly why you see them put all kinds of regulatings in place. I don't think that Bitcoin is expensive than Paypal. we can able to send huge money through bitcoin with very less transaction fee, and it will take less time to deposit amount. The PayPal will take a long time confirm payment, and the charge is high to compare to Bitcoin. And still many govt not aware of this bitcoin that is why we are using Bitcoin freely without getting any problem from govt. Once they put an eye on Bitcoin, then I don't know what the future of Bitcoin is. |
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Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  trading is more safer than playing gambling for me since I started trading with my friends I really made profit with trading when you know what coin you will be stacked up on exchange but if you do had lots of money you can invest it wether coin you want to stacked and then just wait for the price to be increase. And then sell them to made a good profit. Yup trading is the good way to earn money through Bitcoin. Many people are making money in trading. And the Bitcoin price is also helping them to make a profit in short period of time. The gambling is just a game, and it will give us only fun and some time profit. But many times we end with a loss in gambling. |
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Only in Las Vegas. They have great prices there and many different various slot games.
But online, its not really as much fun. Its better if its a physical slots game.
I agree here. I don't generally play slots seriously because of the house edge. No serious gambler should. However, when I do play slots, it is for entertainment. I don't play them online unless there's a possibility they have an exploit (which happens quite frequently with new casinos). There's nothing like the lights, the girls, the music, and the glitz of making the rounds in Vegas, however, taking advantage of the comps and playing the slots for entertainment. The real casino and online casino have a very big difference. The real casino slot games will give us more fun, and we will get some variety slot games to play. But in online casino sites, we will not get this type games. It's only repeated games, and if you play few minutes, you will get bored to play the same game. That is why you like physical slot games. I too like slot games, but I am expecting only fun in these games. |
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No system can secure a win. There is only luck. Of coarse the casino doesn't want you to be lucky but it is easily done just people often wonder then play till they lose everything and cry after. That is how the casino uses their strategy to get their lost money back.
That's true no strategy or method can be helpful against the house. I had very bad experience by using martingale strategy that is worst ever. So there is very simple method accept the lose and forget about this. This is best way to reduce to lose in future. is this like an website where you can't assured your winning but you can if you had patient on your self and when you discipline your selves to stay away from gambling controling your selves to make not to gambling but when you are about a gambler people who wanted to lose money and finding ways to make profit i tell you what martingale works when you had lots of money to play but when you had small time player only this isn't work at all. I think martingale will also work for small bankroll assuming you start with a winning streak and gradually increasing the initial bet to profit more. Its so hard to control yourself specially if you are losing, that's why martingale has specific bets for each win or loss you got. But true, if you have a bigger bankroll chances are you martingale can put on in a advantage again assuming you don't encountered a losing streak otherwise you will profit with this strategy. I am not sure that this martingale method will work for a small investment. This will only work for big bankroll, and you must be controlled on your play. Those who don't have control on the play then this method is not set for them. This method requires more patience and a big bankroll. And you must know when to stop your play and how much amount you have to put then only this method will help you to make money. |
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The best way for me has been trading,doubled my stack of bitcoins during 3 months of the past year and for the past 20 days already up more than 50% so I must say trading is treating me very well.  You made trading sound so easy if a newbie would see he would just trade without any background knowledge and the doubling of your bitcoins is purely your experiences and your ability to lose. I just wonder how much time did it actually take you to actually trade in the most profitable way. Trading requires knowledge on market price that's it. If you are newbie or experience no matter, you can trade and make money. And Bitcoin and altcoin trading are the good business to improve your bankroll. The bitcoin price is also supporting traders to make money in trading. Other than this Investing is another method to make Bitcoin. |
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I guess the biggest problem posed cryptocurrencies just had a major impact on the government, because it does not create a government benefit, only the illegal transactions that should be stopped. but, for a businessman, I think most of the most cyptocurrencies provides a great advantage.
The Bitcoin is profit for all users except governament because they will not get income from Bitcoin transaction that is the only major disadvantages in Bitcoin. And it creates more business in dark web and many people are making more money in this Bitcoin. If the Bitcoin become legal, then I think we don't see any disadvantages in Bitcoin. |
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The number of trading activities would certainly affect the price of the bitcoin, they take the advantages of the rise and fall of the prices, but I'm sure it will not be able to prevent rising prices in the long term.
people only spend a small amount of Bitcoin for trading compare to Bitcoin for investing. Therefore, we can not expect that the trading activities can stop the Bitcoin prices from going up. MOreover, China is now the biggest exchange area for Bitcoiners and investors. The prices are affected a lot by the Chinese I don't think that the bitcoin prices are affected by only Chinese. I agree that China is the biggest exchange area of bitcoins but because of that we can not guess like this. Now the Bitcoin users increased lot in all countries this is also one of the reasons for the price increase and decrease. And the digital currency will not stable like traditional currency. |
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I had 1 btc in my wallet but when price crossed $1200 I sold 0.5 btc so right now I have only 0.5 btc and will sell that only when price touches to $2k in future or else I am comfortable in holding it for a long time and now I am trying my best to get some bitcoins so that again I can reach to 1 btc level.
Just do not rely on the value alone as the value may fluctuate, I think it's better to focus on continuously saving bitcoin and never mind the price. It gives you an advantage if you are earning bitcoin as it can already be considered as your investment, we all believe the future of bitcoin is great hence we should learn to be discipline and save as much as we can to benefit in the future as well. So how about if people that hold around 100 btc? And then in next month it will be down? Let say if it drops $100 for each btc so the total he lost will be $10,000 which is really big amount for them though. And why you said it does not matter about the price? I don't think people will stay in their place and let their bitcoin value grow. They need to make some profit too everytime He made a good decision to sold his coins for 1200$. It's good price and present situation it is a good profit. And holding remaining coins is a good idea but your expectation is too high. Yes, $2k for 1 BTC it is not easy and doesn't think within few months the price will reach your target. It will take huge time to reach your expectation. So do any business with your remaining coins and double your capital. |
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It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ? If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial. Well dropping and rising by $200-300 is a lot. But I agree, it's just the business cycle at work here, the coin can't grow without falls Today again it's increasing now the price is 1117$. I think in this weekend we can again see the Bitcoin price around 1200$. Yes, this price fall help traders to do good business otherwise there is no work for traders. This 200 and 300$ up and down will give nice profit to traders. I think since last few months traders are made a nice profit in Bitcoin trading. |
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I think for those who are place their all funds into bitcoin when the price is low if they didn't sell it when the price is above $1,200 they are lose opportunity just like now the price is low again and i think its a long journey that the price will increase back to high price..
There would be many people who didn't prefer to sell their coins even it crossed 1200 level as they are expecting better and higher profits from bitcoins but people who wants to make quick profits would have definitely sold their coins at that price and I think that is the right thing to instead of holding them too long. yes its true and i am sure that many people will hold their most bitcoin and want to see the more higher price. every people wants to make profit as much as they can and they will hold it for a while just in case the price is getting more higher. and i think we don't have to place all of our funds into bitcoin because its too risk if we do this, we need to use our money to buy for our life too. Bitcoin is always a long term investment and small fluctuations are never be mattered. People should invest only the money they would afford to loose. Nowadays people can't control their emotions, they'll sell or buy for even a small dump or pump. Suppose if it is small fluctuation then people will not take that much serious, but see now suddenly the price down to 1000$, The 200$ is not a small matter am I right. It's a big loss. And we have to wait for a long time to reach the previous price. And this type of price fall will make people get tension that is why they will sell their coins immediately. |
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to me i may also missed the right time to buy or sell bitcoin. for example in previous time when the price for bitcoin stat falling down from 1250 i decided to sell but then i hold my bitcoin and i do not want to create panic selling.
You should sell your bitcoin when the price start falling from $1250, now you will regret it because bitcoin price only stable around $1050-$1070 at the moment, you were really missed good chance to sell your bitcoin. Assuming you can create "panic selling", are you have big amount of bitcoins? i think yes i may have lost the right time to buy or sell my bitcoin, I think we are missing opportunities of making money from bitcoin on daily basses because no one cans be so much perfect in this word. I never thought that the Bitcoin would fall 200$ down within just 2 or 3 days. I was busy last weekend and not checked the BTC price. I thought to sell my coins once the BTC hits 1300$, but I missed the right chance. The BTC price went up to 1280$ just for 10 to 20$ now I lost almost 200$ profit. That is why I don't trust BTC price. |
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I will use a bitcoin ATM if theres an BITCOIN ATM machine here in my city, but as of now there's no Bitcoin ATM here. May I know how it works? do we need to have an Bitcoin ATM card to use that ATM machine? or We just need to send bitcoin to Bitcoin wallet in ATM Machine?
You have to apply for Bitcoin Debit card, and you will receive the card within few weeks. And no need to deposit bitcoin and there is no separate Bitcoin ATM I think. We can withdraw money to just insert card in any ATM, as for how we withdraw money through our normal Debit card. But the transaction fee will be high to compare exchangers. This is easy and safe no cheating and nothing you can withdraw your money at any time. |
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How to profit from cryptocurrency gambling? Sign up for affiliate programs and promote the links. Don't gamble your own coins  Well yeah this is the easiest way to make profit from gambling. You don't have to gamble either but you just need to be hardworking and look for those people that are willing to sign up under your referral link. But I rarely see people now do this and will sign up under someone because it makes us feeling irritated to know that someone will earn from our deposits. This job is easy for newbies and those have experience in Bitcoin earning they will not like this job. yes, it's irritating to do this type of job. And here the returns is also less. To make a profit from gambling is very tough. You have to be a pro in skill base games then only you can able to make a small profit in gambling. And it's a big risk to choose slot games to make profit in gambling it is not possible for all gamblers. |
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Yes when I was still beginning with my gambling career. I do really care about bonuses on casino's. Because I thought it's a good way to gain some profit while gambling, you do have a bonus, it's a WOW on my mind way back that time. But upon knowing that not that going to be an easy thing before claiming it, I gave up and ignored it.
The newbies will get attract very soon to this bonus offers in online gambling casinos. First thing is they will not know more about this bonus they only concentrate on extra money. So once they get experience with this bonus offers, then many gamblers will change their mind set about this bonus. Yes some people will like bonus and some people will not ready to take risk for small bonus. |
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Hello, due my investment project I've started betting on soccer with bitcoins. What I can say about my experience is that it's awesome. Odds are attractively high (which makes me suspicious is there any chance I can't withdraw my money). I mean 1.7 odd at my local bookie is 2.1 at Cloudbet Which is 0.4 units difference which means that if I put $100 it's $40 which is nearly half my stake so it makes difference. 2 Bets with this difference and I can comfortably afford 1 more . Let me know what your oppinions on bitcoin betting I always prefer online bookies with bitcoin which offers live betting option too. Online betting is much relaxed than to place bets on local bookies this kind of difference is normal thing when we go to very big market. Bitcoin is best choice for betting. Online gambling websites provide with the access to go on live betting. Why is the need for a bookie when everything is in our hands. I don't think bookies provide on time settlement on winning or losing but with gambling with bitcoin everything will be settled without any time delay. Online betting with Bitcoin is safe, and we don't need any third person to make our bet. And the bookies will give good odds but they will charge very high, and it is not safe like Bitcoin betting in online. I too prefer online betting we will get a chance to do live betting and we will get lot options to place our bet. You will get an opportunity to get back your loss at the end of the game. This facility you will not get with bookies. |
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When I gamble, I make sure that I set up limits for myself in terms of how much I can bet per week. This helps to keep from losing too much at any one time.
Great strategy. This is exactly what every gambler should do in order to not turn his gambling into hell. First, you have to realize that you can only lose with gambling. Second, do some steps to minimize the losses. Every gambler will make a strategy before playing gambling, but only a few gamblers will follow the methods like how mate is following. Those who control their play they can follow these methods. If you don't have control on your play, then I am sure you can not be able to follow these kinds of methods. But your last word is right one thing we must know in this gambling that is in gambling we can only lose our money making a profit is very tough. |
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Fiat exchange type betfair exchange their is no bitcoin sports exchange for live inplay match, their are only prematch exchanges and sportsbook, one is their directbet.eu which is having almost all live inplay matches but they are not like exchanges they are like bet365 sports book.
Yup if you are looking for different sports book with a good reputation then you can use this website Directbet. It is a good site and here all sports events available to bet. And if any special events are going to start for example any country elections, etc also available on this site. But one thing is yes they are not like exchanges. |
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 Congrats to roadbits for this weeks lotto. Sheet has been sent to Baryom. I received payment with a bonus. Thank you Baryom and Yahoo, |
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It is possible if you got a very good and intelligence skill to break the security, I dont think anyone has ever hack into gambling site, because it is pretty secured, and hacking is a bad thing and you should not played with it, because it is a crime
Hacking is possible because it happened in the past, some gambling sites stop their operation declaring they were hack. But, as time passes technology and security is improving and it's getting harder for the hackers to do their thing. I would not say it will be impossible then because there is no system that is perfect and everything has its loop hole to be discover by an smart hacker. How the site owners improve their security system like that hackers also improve their knowledge to hack the site. This is never ending the story if anything new come to the market automatically duplicate copy will come. Like that anything can upgrade in a security system, the hackers will find new solutions for that security code. You are right nothing impossible in this world. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Many people thinks that the price of bitcoin will go even higher. It's like saving in a bank but there's much higher interest or profit. Because, the time people decided to keep their bitcoin in their wallet, it is also the time that they are willing to take the risk whether bitcoin will inflate or deflate. And also people uses bitcoin as an exchange or payment for transactions. There will be less hassle rather than going to a bank or money transfer to complete the transaction process. One more point why many people store bitcoin in their wallet is that they have an assurance that bitcoin will soar higher in the future. Yes many people hold coins in their wallet to make double profit. Everyone is waiting to hit Bitcoin price 2000$ then they will get double profit. For this reason, many people are holding coins, and some people will use coins to spend their daily needs. Means they will pay all bills through Bitcoin and they do online shopping with this bitcoin. They sure that bitcoin will not fall again that is why they are holding coins. Once the price goes down, then everyone will sell coins. |
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