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My biggest regrets is that I do neglect or not paying attention when bitcoin was still young.I do heard about bitcoin back on 2010 on which its not too famous and I thought to myself on not to engage on something to online so easily.Therefore I don't make any interest on it and when the time comes when I heard about it the value increased so much which I do really regret even now that bad dreams I haunting me.
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Most of all alts now are on red which means this is the best time to buy most of the coins on the top of marketcap. They are the best ones to buy out of your 1 bitcoin you can already buy some of it but its better to diversify or divide your bitcoin on purchasing it. People our now cashing out for bitcoin that's why most alts are on reds now.
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The price of Bitcoin is hitting new highs regularly now... and yet it is expected to continue rising. At what price would you stop buying?
Honestly I'm not buying bitcoin but I do earn it on my online job and some investments on this online world because if I do tend to buy bitcoin as of current state then it would really takes time because knowing the price is already expensive to buy a whole bitcoin that's why I don't bother on this stuff since I do know even I cant buy it but still I can able to earn it somehow. |
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Hello, How many days to see 2500$ or $3000  ? I feel it will be this week and we will see 2500$ ... price will climb faster and faster now we can reach $5000 this year or even more...  Maybe next week or as the month June will enter the price of bitcoin will be possible at $2,500. And for the price of $3,000 it will be possible go at maybe at the end of June 2017. Well there's more to come. We just need to wait for real and see what's possible to happen soon. From start of this month we have increased from 1,418 to almost 2500 by now, quite big increase in price. We had increase in price by 3-4% per day if we keep this paste in next month we could easily skip 4000$ per one bitcoin. So it is possible that will be hitting 3000 in next week with this price increase. If bitcoin price could sustain the movement of this rally on upcoming days or weeks then for sure hitting up 3000 would really be easy as pie but we should think off that price of bitcoin is not only going up.We should prepare for the dip I guess. Bitcoin now is not already affordable and average persons cant bought it on whole. We did already passed 2500 then 3k would be the next target |
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Should I divide them among multiple addresses and how many?
Separate question - is this a standard practice?
Depending on the address that you have stored those bitcoins. Addresses on desktop wallets would be somehow safe since you do have the full control of your keys and if you are talking or using about web wallets then storing your bitcoins in one place is very risky that's why its always advisable to make use of hardware wallets/cold storage because this is the safest way do I think to secure up your bitcoin. |
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it includes the features of the bitcoin "freedom" bitcoin that you own completely yours and it's up to you to use your bitcoin. You should also know the consequences if it is related to illegal acts.
Well in that case we have to be vert careful with our bitcoin and not to use it in illegal activities because transactions can be easily trace since there is a public ledger. For people who are into business they know how to launder the funds and they can use bitcoin mixer to mix the transactions. . That's why there are mixers on the market and solely the purpose of those businesses and that is why its profitable considering the people who do make use of those services. Buying drugs on bitcoin is very possible as long the user do know how to completely anonymous and cant be traced.If you are using carelessly then chances of being tracked is high. |
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Who says giving up gambling is not easy? I invited my friend to do gambling and yet he won the game but in the end he end up his money with his greedisness on playing but he don't want to get back on gambling anymore he is now busy at the gym building his muscle lmao. If you really want you can do it by your self no one can help us to quit only our self.
You invite your friend for gambling and he gamble for that day and in that day he lost his money so it means then he is not addicted to gambling so if he is disappointed at first experience then he will never come again to gamble. It is a normal thing for any person in any field. But some people is competetive, they want to earn back what was lost to him/her. So you cant just tell us that being disappointed at the first experience will not let them play again. if they just knew how the gambling works maybe he will comeback with the eagerness to win this time. I can say its not competitive way of act when a certain person do somehow chase his loses after being beaten by the house and its not really a good act to move because with this kind of aim on chasing loses will definitely lose you even more. Eagerness to win is really bad i must say because i do experience this kind of emotion which causes for me to play no matter what because i strongly believe that i can able to win. |
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I played dices so much, and on so many sites that its very hard for me to calculate how much I won or lost on this game. I think I`m in little plus from all that playing, my biggest win on dices that I remember even today was from 0.03 btc and after few hours of playing I cashed out 0.27 btc. And once I deposited 0.15 and I had 0.5 in one moment, after few hours of playing I lost everything, there was many ups and downs, when I`m pushing high odds and after many loses one win give me back everything I lost and extra. For less amounts I had many wins and loses, but that I don`t even count.
to me i also play dice games, but i play it only for fun and enjoyment and therefore i only invest a very little money in dice games for which i do not care either i will make money from that or not, while for most of the time i play sports gambling from where i really invest a good amount of money in sports gambling, where i have good opportunities to make money. play for fun it's still could leading to addiction , when you play frequently just like when you treat it as a hobby , in the end gambling will never give you profit , it's always about how you lost , i don't believe those people who keep getting profit especially in a game like dice. Its not always the case because there are some people could able to control theirselves on playing gambling just for fun and they dont really mind on losing money as long they get the leisure that they seek on playing.Its not bad actually as long you dont compromise too much on your obligation in terms of money for your needs and saving. |
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even though <<< whoever you think is to blame >>> almost totally fucked up and killed bitcoin, it seems like we'll be able to move forward. Great days are ahead. Main stream hasn't even gotten on board yet. I'm thinking Bitcoin will be $100k within 10 years.
HODL!!!
What a heck feeling you do have there dude  $100k in upcoming 10 years is somehow unrealistic but who knows? No one does really know on whats ahead of us and might reach up the amount you speculated. We dont know if bitcoin will die in 10 years time or become more valuable. Holding is really a good move and accumulate bitcoin as much as we can. |
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...it will prove it's the king of crypto
it will survive i dont have any doubt on it, i still believe that bitcoin will survive no matter will happen. bitcoin reaches this value now , it only come from small amount before but now, the price is better more better than before. Anything do always start on small and nothing on this world do start directly on big amounts.Just like on bitcoin we do witness its career way on how he able to withstand the previous challenges that it encounter and now we are seeing its price flying with colors and I hope we wont able to come back on previous price of bitcoin but well we cant able to stop if it would happen again. |
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Its not bad to make Bitcoin as a source of income as long you do have ways on how to earn it and use it on daily basis or on your needs but we should always put on our minds that the risk on depending it too much would really not be good because anytime bitcoin would go on opposite way which means if we are dependent on it then life would be miserable that's why its important that we should seek for other source of cinome the same time we do on bitcoin.
Yeah depending fully on bitcoin is a big risk as you never know what future of bitcoin hold for us and if the price of bitcoin starts crashing down in coming years then it will give you relatively low income then your expectation and it will become difficult to manage our expenses if we are depending only on bitcoin for earning money so its always good to treat bitcoin as an extra income so even if bitcoin disappears in future we have other source of income from where we can take care of our living. Having bitcoin as a back up income is really very ideal but its not bad to make it as a primary because the risk is always there and you said was true if we are dependent on it and when bitcoin price suddenly crash then it would really be very hard to cope up when you do rely your living on it.Making it as a source of income isn't bad as long we do have lots of ways on earning bitcoin constantly. |
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You only lose if you sell at a loss but sometimes you're holding a sinking ship and it's best to just move on.
There's no lose if you sell at a good price. Profit is definitely a profit and possibly you will only miss those possibly profit that you can get if you'll sell at lower price. But with the current price of bitcoin I believe that most of us already got a profit on it and there's no lose if we are going to sell today but still I'll keep on holding. You don't get his point -- he's purely referring to the fact that you will only lose if you sell your coins below the price you bought them at. That's really it. His second point is that in some cases it's better to take a hit and move on to prevent further losses. Not sure why you try to come up with things that haven't much to do with the poster you quoted.... Sometimes the second point will help traders to save some money from a huge loss. But it will depend on the market price. Now it is in very strong position how much time you will hold that much profit you will make. If you sell your coins then no worry you will make a profit, but you will lose some money if the price double. Having regrets on early selling of your coin cant really be avoided because its normal to think off that we shouldnt sell those coins on earlier times but i think it should be fine as long we do make money on selling it i think should be fine. its better than having cutting loses on negative side. as long you can patiently wait then its better but not an assurance. |
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One reason I believe is that they thought the price of bitcoins was way too much than anyone expected and if the price by chance drops to $600 odd mark again they already loose 1/3 rd of their capital and hence they played safe and withdraw all. As they mentioned in the pursue of some interests which I cannot think of anything else.
I think you might be right. I presume they have collected enough bitcoins in their wallet and with the high bitcoin price, they have played it safe to stop and withdraw everything before the price goes down. Nice strategy though. High probability that this might be the reason why they suddenly shut down because they do already secure their profits or capital they will loss up really some money if the price tends to go backwards again. Its really a smart move though but without thinking that they can able to generate more profit if they decide to continue their service knowing its popularity I can say that they are profitable. |
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Yes. This is a very big problem. In addition to earnings, gambling can become a destructive dependence that will interfere with normal living.
Everything could be destructive enough if you dont control it. When you are eating more than your stomach capacity there will be a side effect as well. Everything that is done proportionally wont really have any side effect for you. If you want to stop your addiction or atleast control yourself before you are having any addiction then simply go away before it is too late That's probably true especially if it's too much, not everything is better when you are having too much of it. Of course, your body would start deflecting some of your intakes and it would reject it and just not going to be enough if you want to eat more and more. I think it's better to be productive rather than doing nothing and making it possible to gamble more. Remember this thing. Anything that is too much is really bad for us and anything could really be affected once you do follow these or let this behavior overcome you.Yes, there are lots of things should be think ff to be productive rather than spending your money and time on gambling sites. Problem usually occur on the end when gamblers are already losing money and destroying their own lives, |
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-snip-
I think what we are discussing here is what you you would buy in case you win something from the casinos. I don't think we are discussing about storing bitcoins or buying bitcoins to deposit it in the casinos. It's nice to read about what other people use their winnings on, it gives us an idea on what to spend it on. There are gamblers that are choosing not to buy or spend their winnings because they think that it will be profitable for them if they won't use it. And if you win some good amount, there's no need to be forced on buying whatever you want because it's up to you. It's your money and you are the one to decide what you want. I think choosing not to spend ends up in a regret of why didn't you spend some of your money but if am gambling with bitcoin and make a profit i just reinvest it in buying other altcoins or buy myself a good gadget It is not going to give you a regret if you will not spend your bitcoin. Because as the price of bitcoin is increasing, the possible chance of making good profit is there and it's better if you will spend your bitcoin in whatever you want. But make sure that you will not regret for deciding whatever will be your choice for using your own winning bitcoin. its not really regretful on not using our bitcoin and as you said price of it does increase which is also considered as interest which is good.I would rather save bitcoin than spending it on useless things but when it comes on gambling winning amount i would really use it on buying gadgets and save some of it. That's what I'm saying, it will depend on your choice if you are appreciating the price increase of bitcoin, you are glad to keep on holding. And you are not going to spend some of your winnings for awhile. Because in the end, you will notice that you can have a better profit if you will let the price increase pass first. But accepting the reality that most people do really have the problem on making decision regarding into holding their bitcoin because once they know they have some amounts on their pocket they are confident enough to spend into something because they know they have the money to spent on.Thats a natural part of human being because I do always feel on this way. |
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Buying directly with bitcoin then its not possible but exchanging your bitcoin to fiat and buying a house is really possible seeing on the current price of bitcoin we can able to secure out our profits and as long we do know on our spending then it should be fine and buying a house is also a good investment securing on buying it is very ideal.
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't have certain exit point but as I found the opportunity, I would sell it. As I'm not using it, I would hold it for long term and would also hold some altcoins to balance/prevent the risk and also to make more opportunity of making profit. Saving in the long run is very profitable. Honestly I'm having a disappointment, because some time ago I sold bitcoin at the price price of 1500USD. While the current bitcoin price is already above 2000USD. I will not repeat the same thing, bitcoin should be kept until the price we deserve. Even I sold some of my bitcoins at that price but there is nothing to get disappointed as you can get them back by working on it or by buying when price goes lower in future as if we will never sell our bitcoins then there is no point in collecting or investing money in it so if its giving me good profits then I won't mind in selling some of them and rest will prefer to save for the future and if price drops then will buy some more amount of bitcoins. If you are a wise holder and earner on bitcoin then it should really be fine and you are confident that you can still afford and earn profits on buying and selling bitcoin and you are right theres nothing need to regret as long we do know on how to earn it but we should really be wise on spending our bitcoin not just on buying something and wasting it on nonsense things. Selling out on this price point would be ideal too. |
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Its not bad to make Bitcoin as a source of income as long you do have ways on how to earn it and use it on daily basis or on your needs but we should always put on our minds that the risk on depending it too much would really not be good because anytime bitcoin would go on opposite way which means if we are dependent on it then life would be miserable that's why its important that we should seek for other source of cinome the same time we do on bitcoin.
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I made calculation yesterday..I wagered total over than 1.2 bitcoin in the last 3 week. I am still in positive cause of on last betting session, martingale strategy added to my money management. Martingale is risky strategy, but if you know what you are doing, you always have better edge than other gamblers.
Martingale would really be helpful if you do really know how to use it and how you gonna control yourself on using it.Most of the time martingale doesn't work if you do make use of it for a long periods of time.You are lucky enough that you can able to maximize the usage of martingale on any games you do play and same as yours I can able to win some amounts on using it too.It does need some strong discipline into yourself. |
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-snip-
I think what we are discussing here is what you you would buy in case you win something from the casinos. I don't think we are discussing about storing bitcoins or buying bitcoins to deposit it in the casinos. It's nice to read about what other people use their winnings on, it gives us an idea on what to spend it on. There are gamblers that are choosing not to buy or spend their winnings because they think that it will be profitable for them if they won't use it. And if you win some good amount, there's no need to be forced on buying whatever you want because it's up to you. It's your money and you are the one to decide what you want. I think choosing not to spend ends up in a regret of why didn't you spend some of your money but if am gambling with bitcoin and make a profit i just reinvest it in buying other altcoins or buy myself a good gadget It is not going to give you a regret if you will not spend your bitcoin. Because as the price of bitcoin is increasing, the possible chance of making good profit is there and it's better if you will spend your bitcoin in whatever you want. But make sure that you will not regret for deciding whatever will be your choice for using your own winning bitcoin. its not really regretful on not using our bitcoin and as you said price of it does increase which is also considered as interest which is good.I would rather save bitcoin than spending it on useless things but when it comes on gambling winning amount i would really use it on buying gadgets and save some of it. |
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