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7241  Economy / Gambling discussion / Re: Everyone looses in the long run on: December 11, 2016, 01:33:12 PM
Everyone can be winner if you guy's are going to wait and have patience in gambling and not too play that hard with high bets just play safe and make rest while betting always observe to avoid lose straight you can win in the long run if you know what to do Smiley
Patience is just part of the attitude of being a discipline gambler, you need that if you aim for profit since there's no overnight success in the gambling and those who loses in the long run are those gamblers who wanted to make a shortcut and they face the consequences. Great success will happen with careful study and proper execution of your game plan.
7242  Economy / Gambling discussion / Re: What is your average bet per game? on: December 11, 2016, 01:22:31 PM
Do you bet big like 1 BTC in hope to win 50 BTC with a huge risk or do you do small bets?

Bet big to win big? Or bet small over a long time to be safer?


I've been on both low and high end of the spectrum. Although I have never gambled 1 BTC, the largest I've ever gambled on a single bet was 0.25 BTC but I won 2.5 BTC that day lol


Nowadays I stick to betting 0.000125-0.04 BTC, all depends on how much my balance is and if I'm playing for fun or to test out new strats Cheesy
That's a big downgrade in terms of your betting amount, now I can really tell you are playing for fun cause I was really surprise a high roller like you changes to betting small amount now. That kind of attitude would not make you addicted in gambling since you are flexible knows how to play for fun.

I could not imagine time will come that I will be better like a quarter of a BTC, maybe I am desperate to win if times comes I can do that.
7243  Economy / Gambling discussion / Re: How to Turn Gambling into a Profitable Activity on: December 11, 2016, 01:12:55 PM
Gambling is mostly for fun and not profit. Although you can profit from it, it should not be your main motive. Still if you want to gamble for profit you can do it by using a good strategy and stopping when you are in profit. In the long term you will lose because of the house edge.

gambling is very pleasant, especially if you win the game. Well, I guess the thing that makes gambling into a profitable activity is when you win a lot of prizes from gambling. because, when you lose, but still feel fun in that game, I think you just make gambling into a fun activity, and harmful.
Correct, and when you are making gambling into a fun activity that is already understood that it's not a profitable activity. The word profit means you have to be successful in growing your bankroll in gambling and probably living with it, however there's only small chances where we can grow our bankroll by playing and only when we learn to invest or have our own casino will it turn to be profitable.
7244  Economy / Economics / Re: How would you double $100,000 safely? on: December 10, 2016, 05:21:04 AM
I have $100,000 to invest but want to safely double it in a year. Any suggestions?
Start a business like the from the Movie War Dogs.Selling used ammunition in the War Zones.You need to get a tender but if you have that amount of cash,you can bribe a bunch of corrupt officials.
I've heard wine yards are making a good profit if you can cultivate your own grape farms.Exporting raw wine without filtering it can yield high markets.
It's the first time I heard that kind of business, I think I cannot that kind of business because in our are it's not cold so it's not good for grapes. But actually if we are planning a business, careful feasibility study should be conducted first considering the amount being risk that is big. We might lose interest to engage in other business if we lose this one.
7245  Economy / Economics / Re: Is it better to save money or invest it? on: December 10, 2016, 05:00:57 AM
Yes .i think its better to save money rather than investing it because its risky and
u might end up loosing all ur money and u might be bankrupt .

Yes, investing money is very risky yet when you have it correctly then you can earn big enough and more than what you give or invest. There is a trade off. Investment can be risky but can pay you more than just saving.

It's risky but we have to take the risk to realize our dreams to have a comfortable life in the future. We do save for our future but that is not enough to live a comfortable life and to achieve financial success, our fiat is subject to inflation and we are not growing it wisely, of course as an investor it is necessary that we have the knowledge on what we are doing or else just let others manage it like putting in a mutual funds.
7246  Economy / Gambling discussion / Re: How many BTC do you gamble with? on: December 10, 2016, 04:54:02 AM
I always gamble with a small amount, and I never gamble more than 0.1 bitcoin. I usually gamble around 0.04 bitcoin but I do bet a minimum amount. That I did, so I can gamble several times. I rarely and almost never gamble in large numbers because I just want to play, so I never had to spend a lot bitcoin to gamble because I also care about my bitcoin.

It's something that's very good friend, for if we do small bets then what we get in the gambling will not make our lives changed, due to the vagaries of us wrong in gambling. Indeed we can benefit greatly when we do a big bet, but that they also have a greater risk of losing rather than other things. So, gambling not only gives us an advantage, but it also gives us great harm if we do wrong game
Yes, a big bet very risky and I do not dare take that risk. Because if I lose certainly going to spend very much bitcoin so they can make me into a loss. If I bet a small amount if I lose, I will not lose a lot of bitcoin and I can play a several times. Gambling with small bets is perfect for me that gamble just for fun. You're right, gambling large amounts can indeed provide big profits but also a big loss.

If you can stick with that way that means you are just playing gambling for fun and it does not matter if you lose since the amount involve is not serious enough and you can easily accept that. Good for the others if they see gambling that way also so they would not blame gambling for their loses, it's really necessary to be fixed with our purpose with gambling and if doing it for fun, just do it that way and none other.
7247  Economy / Trading Discussion / Re: Trading is unpredictable job. on: December 09, 2016, 07:23:05 AM
I don't know how much true your opinion! But I see some people they are not lose there Bitcoin on trading.I read a tutorial that be confident me. This is the the link: http://coinduet.com/index.php?p=/discussion/29/how-profitable-it-is-automated-bitcoin-trading#latest
There are actually some people who are successful in trading and also you do failed to credit that there also traders who failed. With that being said, we can tell that trading is not for everyone and since it's very unpredictable you have to be skilled enough to read the market movement to make the right prediction and be profitable.
7248  Economy / Gambling discussion / Re: 2016/17 NBA Season on: December 09, 2016, 06:42:32 AM
Tomorrow games in Western Conference is too much interesting for me. Like Houston Rockets at Oklahoma City Thunder .
Oklahoma City Thunder has six winning streak (Rank 6 in West) while the Houston Rockets four winning streak (Rank 4 West).
And the Phoenix Suns @ Los Angeles Lakers

Which team will win in those games? Hmmmm
I choose the Rockets for that matter, Westbrook will still show his athleticism but this is the second game of two teams and since they are both playing well this game is going to be fun to watch. It's going to be Westrbrook against the whole squad of rockets, and this is going also a revenge by Rockets in their first game. No sure bet for this game but I like the rockets whatever the odds are.
7249  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: December 09, 2016, 06:35:07 AM
I think the tips or tricks to gamble is we should be able to control the emotions and passions because although we have a trick if you can not control the appetite useless, bitcoin will disappear quickly
yes self control was very important when it comes to gambling with out it even we have a luck and good knowledge about gambling we could lose all of our bitcoin from playing gambling. thats why when im playing gambling i know my limitation so i can stop if i hit my limitation if i win on gambling well thats good and ill be stop playing and play another tomorrow atleast i know im gaing profit from it haha.
to me if you are sure that you are lucky then you can put a good amount in gambling. but if you feel that you can lost money in gambling then you should not take risk and should play gambling in limit and never try to cross that limit.
I think there's a big problem with that, the fact that we are in gambling we are not sure of anything, otherwise it's easy to become rich here. Just always remember that the sure thing will only happen if we are the one dictating the outcome and in gambling it's not the case.
7250  Economy / Economics / Re: The dream of getting rich with bitcoins on: December 09, 2016, 02:30:31 AM
This is my hope and perhaps many users bitcoin, that soon became rich because of the bitcoin. But after about 6 months I know bitcoin, turned out to be rich is not easy, and it took hard work and a large capital. Maybe our dreams to the rich we should bury, because we must immediately get up to work as hard as before to know the bitcoin.
Definite time will not happen here since bitcoin itself is very unpredictable, you can witness that in the past where it can pump and dump past. Hoping to be rich is good as it motivates us to strive hard for our ambition but staying realistic is the key here, if you invest in bitcoin make yourself educated as what we certainly need here is to have the right timing to take opportunities.
7251  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: December 09, 2016, 02:15:59 AM

What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink
I think bitcoin is perfect system but two things that i think needs improvement are
1.Increasing fee of transaction and,
2.Delaying confirmation time that needed to be improved
Well, that seems to be the problem anytime as base on experience I have a long time waiting with the confirmation of my transaction. But in overall I am still very positive that this is not a serious problem, the fact that there's a lot of business and leisure in online  that is possible because of bitcoin I am willing to accept some weaknesses like delayed of transaction. It's nothing since it does not happen all the time.
7252  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: December 09, 2016, 02:06:47 AM
ofcourse it does we all depending on bitcoin price thats why we're still investing on it. because of the price exchange . and its fast and reliable method of transaction by receiving and sending money. when the price of bitcoin drop im investing so if the price of it will grow ive got a profit from it because the price of bitcoin is not stable and its okay for me still waiting till bitcoin will hit atleast 1000usd per bitcoin
The good price will make the economy of bitcoin greater, and for us investors that is what we are hoping so we can have a great value of our investment. For some, the price price may not matter much as they are just using it as an payment method for online transaction but for the benefit of everybody, it's good to see a high price to be more confident that it's valuable for the many.
7253  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: December 08, 2016, 04:20:04 AM
Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
i am not sure , if there is the bank maybe just there is in country accepting bitcoin and support bitcoin
I have no seen one that accepts and it will not accept bitcoin even in the future. Bitcoin is an independent currency that is decentralized unlike the legal currency that is controlled by the government so that reality alone will already explain that bitcoin cannot be accepted. It has to determine first on how to clarify bitcoin, may it be a currency a property or something.
7254  Economy / Economics / Re: Is it better to save money or invest it? on: December 08, 2016, 03:50:54 AM
I think that its better to invest money in the bitcoin because its profitable and you can make a lot of money with it, it would even be stupid to not do it these days.
That's a promise in the future but no assurance we can have that. I do not oppose that it's a great investment but we have to be careful with the amount we put, always ensure to limit your investment as it's a very risky kind of investment that you might regret if the outcome will not in favor of us. Saving is good but up to the amount we need for unexpected expenses and the remaining should be use for investment at your interest.
7255  Economy / Services / Re: Komodo Signature and Avatar Campaign | Campaign has ended on: December 08, 2016, 03:40:23 AM

I have received the payment amount & addresses of the first 70 people. I also have the BTC ready. I'll send it out tomorrow.

Good night
This made me smile, we can expect a 24 hours here from the time of posting. I hope I am also included in the first 70 people. I have chosen bitcoin as my reward and have sent PM to the appropriate person.
7256  Bitcoin / Bitcoin Discussion / Re: Does any bank accept Bitcoin? on: December 07, 2016, 07:29:22 AM
never heard and i doubt if there will be a bank that declare it self to accept bitcoin as a deposit or any transactions.
it depend on the government rule. if a country do press realese to admit bitcoin is a legal currency to use, i think it will be possible for bank to adopt bitcoin as a real/legal internet currency.
It could not be possible because bitcoin is not money, it primarily tap with fiat to have a value. We are in a different world and we cannot merge the two due to big differences, banks are centralized while bitcoin is not. Further, if you put bitcoin in their system, we will not enjoy anymore the cheapest rate since they are making it commercialize for the people to take advantage of the profit which will defeat the purpose of bitcoin to help the majority.
7257  Other / Off-topic / Re: How much did you spent in the internet using bitcoin? on: December 07, 2016, 07:19:32 AM
Personally for me, I spent my Bitcoin for online shopping and games. For example, I bought a Samsung Tablet from Amazon.com last year around this time with the Bitcoin I earned from signature campaign. To add on, I also purchase some fun games with my Bitcoin such as Just Cause 2 and Ark.

So far I'd say I have spend more than a hundred worth of Bitcoin online - not really accurate because Bitcoin price keep changing.
Great, but still very limited way to spend our money online. I like to shop but amazon give me a headache with the shipping fee, maybe you are from Western country that's why you enjoy shopping, but in our country the shipping is really high that you cannot appreciate the price of an item even if it's on sale. My way to spend my bitcoins is only but topping up my mobile load and spending it in gambling regularly.
7258  Economy / Gambling discussion / Re: Can I use my small amount for GAMBLING? on: December 07, 2016, 06:21:35 AM
It's better to bet on something that not all left to chance. Dice games are fun but risky. You might be better off betting on sports that you have some knowledge about.
Well, gambling is risky so whatever type of gambling games you do is risky. Bear in mind that you have to ensure that you'll put only what your budget says for gambling, you might be having a big problem if you try to bet your money not intended for gambling. Using small amount of bet is good and you came to the right place as in bitcoin gambling you are allowed to gamble with small amount of money.

i agree with Positid said and its true because many of gamblers for first time using small amount for gambling and then that gamblers see that his chance to winning is not big, then he decided to  continue to playing gambling and using the other money just expecting to get winning in the games, but in the end he is only get loss.
It's not healthy gambling anymore, the fact that you use other money not for gambling you are building a big problem what will hit you in the future. In order to have a good stay with gambling, you need to ensure that you are doing it right and play only the amount intended to it.

You don't want to experience in the future that you will have a big debt because of gambling, it's stupid I guess.
7259  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: December 05, 2016, 05:50:38 AM
Bitcoin is a digital currency while real money is a physical currency. Bitcoin has no physical appearance, real money have different appearnce depending on which country it is. Bitcoin can't buy anything yet. And bitcoin has low fees than real money.
Money does not have fees. That's called the tax. we have to pay taxes to use the money while Bitcoin does not require users to pay tax. We only have to charge the fee for the miners to confirm our transactions. Bitcoin will be used to buy most of the things in the future. We can still buy many things online with Bitcoin
It is clear that the whole problem in taxes, and that bitcoin that can relieve, but paper money on a lot easier. Bitcoin is a complex thing, and they can use only those that understand what it is.
It is, we need both while paper money is a necessity for us to survive in this world as that is the only one approved by the government as our legal tender. Some if not all of us here are making a journey in bitcoin since we believe that we can achieve our goal here being inspired by the successful early investors. Here, no tax so we can maximize our income, therefore it's an investment for us.
7260  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: December 05, 2016, 05:37:55 AM
If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.
But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.     
In general, gambling is not profitable and the statistics speaks for itself, there are more losers than winners which makes a statement that gambling is not profitable in the long run. For some it is but for the majority of gamblers it's not. Now, we can rate ourselves now on where do we belong and it should be be base on our record if we are tracking it.
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