I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...
Yes the possibility of gaining back loses is much clearer rather than gambling that will only allow you to keep losing more and more while you are very eager to bounce back unlike trading after sudden loss opportunity to hold or opportunity regain the price always higher if you supported known project. that's right. i think the only similarity between gambling and trading is the risk you put in the onset. but if you analyze it, it's normal to lose when trading but you are,in a way, aware of how to get back those losses since trading requires study of movements of coins. wherein gambling, you have to still hope that you'd be lucky enough to regain your losses if you lose and the chances of that happening if pretty slim compared to when you do trading They are really the same in terms of risk of lossing money but they differ on how you gonna lessen the risk involving it. As you mentioned on trading we could definitely minimize it by having more knowledge on trading and some skills needed unlike on gambling which you really purely rely on luck in able to win but there are games that still need skills and experience like sports bet but they are just the same though. risk is resent all day if we look in that direction every actions and every step have some risk or consequences will this be trading or gambling that is not the point gambling is win - lose all the way trading is different from all perspectives Well, it's really different as in trading a lot of people succeed while in gambling a lot of people loses. It's easy to understand the difference as I see gambling as an entertainment while trading as a job. |
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For me there's* no safe method to gamble all you need is to be sports all the time if you lose accept and if you win then party there are sometimes that we win in gambling and we lose all the time so treasure every moment we get from gambling  and i want to become popular gambling soon Gambling is risky so there's no safe in this. It's better to ensure that we gamble with the money that we can afford to lose so we can continue to enjoy as though we think we have the skills we will still lose in the long run as it works that way, you cannot debate with the reality. |
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I vote 40-50 percent. I vote it because I believe in bitcoin growth in the next four years will be very large. I feel the progress bitcoin, is now beginning there was some bitcoin adoption in various regions. It will be very affect the development of bitcoin so would push people to use bitcoin.
well we both believe in bitcoin and all the benefits it can give but I think 4 years would be too short a time for most people even be aware and have access to bitcoin much more to own it. there are some countries that have limited online access and we all know that bitcoin is an online currency. more people would be using it after 4 years that's for sure but I don't think it would be almost half the earth's population I think not, I think the rise in bitcoin users had happen earlier in the year ago. So the next 4 years was enough time to reach people using bitcoin. In the future price of bitcoin will be good even continue to increase, so will make people to use bitcoin. Moreover, a few months of the many factors that make bitcoin prices continue to rise so that the rising prices can affect people so interested in bitcoin, and this will definitely affect the future. It always depends if the government will not intervene with bitcoin, if they see that businesses like payment processors online are losing because of bitcoin they might take their power to ban bitcoin, the fact that we are making money here and we are not paying taxes, there's a big amount of money being lost from the government. |
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That's why it is always good to have an emergency fund so you don't get into this hole in the first place.
How I wish people understand that, some are just needing money for their daily needs and no intention to save. A person must be educated to understand how it is necessary I guess. People actually don't think of it when they have the money in hand and they just spend everything without thinking to save some of it which can be of work later on, they even buy the things they don't need and later on they realize they shouldn't have done that. There are some situations that we can't really avoid just like emergency scenarios but it is going to be needed with proper solution. Especially when a person is needed to have desperate money and if that happens to me, I don't have choice but to use the money that I've been saving for a long time but of course I won't use them all. Definitely not but only up to the amount you need, it's good you have a savings and you already prepared for the future. You have a future plan and I can say you will be successful in the future because of your mindset, only few people have their savings and you are one of them. |
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cuz its 'easy & quick money' where you will nowhere else make such quick legitimately
There is not such a thing as easy and quick money, you need to work hard for it, even those few gamblers that are able to get some profits out of the casino games make great effort to reach such results. The strategy of all casinos and gambling games to let you win in the beginning. You are going crazy from all that winnings and fast & quick money. That easy make you involved. You start to believe in your luck and think that you have some special skills. But all this is scam. Then you loose over and over again with trying to bring back your luck. It's not like that dude, if you are thinking casinos do that all the time it's live you are believing casinos are rigged. That is what you call beginners and we have all that. |
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Problem is Bitcoin needs good publicity because it wants to get socially accepted, sure it can't be stopped, but government and mass media can make it scary enough so that people won't use it. Bit Torrent either can't be stopped, but it never had the will to get socially accepted. Obviously we will need a new financial crisis for people to actually need Bitcoin regardless of what their governments says... Ask the people of Cyprus, i think they understand pretty well why they do need a decentralized currency https://www.theguardian.com/world/2013/mar/25/cyprus-bailout-deal-eu-closes-bankBitcoin really needs some good publicity as majority of people still do not know anything about bitcoin, they still need a proper guidance to start using bitcoin, and as soon as the number of bitcoin users are increasing bitcoin will become more and more stronger, through this way, government will also get pressure and they will start thinking about accepting bitcoin as legal and official currency. How do we have that publicity you are talking, we can always support bitcoin thru online and I am pretty sure those who use online transaction are mostly illegible to use bitcoin, we cannot force other people who does not even have the idea on how to use computer. We have to admit that we cannot get the majority of population to adopt. |
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Bitcoins is just an alternative way of paying, but that doesnt mean that we will forget the physical money!come on!yes, bitcoins was also money, but lets face it, not all business establishment are accepting bitcoins. Cash is more needed than bitcoins because you can buy anything with cash. But i think its better to have them both!bitcoins for online transaction and cash for establishment.
It is probably not the time when we should just have bitcoins but no cash at all because right now bitcoin is not that much established that we could use bitcoin everywhere like cash, so probably we need cash for daily needs and bitcoins to be kept for future. It's too risky to put all our money in bitcoin, you are right we are still living daily and daily we need cash to end our day surviving, bitcoin has not even hit a good adoption rate so it's not advisable to rely on it. It's good as investment for now and we just have to watch it grow first. Bitcoin is like gold. Not very useful in everyday life, apart from jewelry, but still a promising store of value. It seems that it will be used mostly along this line in the near future, as it is now. I can't imagine it being used as anything other than a store of value and a speculative asset even if it can be used with the same ease as cash or plastic money. Cash is here to stay too for now. Yeah, it's the future of Digital currency and it's an internet money and we consider it as gold since the value in appreciate unlike fiat which depreciate. That is right. The bitcoin is the internet money, so you can use it to buy things in the internet and internationally. That's basically the concept of bitcoin but as of the current we cannot see big merchants who are accepting bitcoin though it's growing in terms of adoption but we need the support of big merchants or businesses to achieve a massive adoption and we can ensure success with bitcoin. |
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Yeah so if an individual is able to cheat the system he will destroy the whole gambling system of the site he's been cheating.
Because many some investors will back up their funds from that site and that is going to have big impact to the whole gambling industry.
Better not to try this type of method, just gamble the usual way, enjoy your money and you'll be fine.
I don't see any cheats yet in gambling. All I know is, only the owner, the developer or programmer can manipulate the system. Just like playing games, if you cheat then you will miss the fun and excitement. So for me, a method of cheating in gambling is not existing... Why would they still have to cheat when they have the advantage, they are in the business and their main goal is to be profitable so it's just right to protect their reputation and they will maintain being transparent to make their business last and to continue to be profitable. |
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I use martingale strategy it is easy but high risk.. need big bankroll I don't know what is the best strategy.. You need a big bankroll for martingale but you also need big limits in whatever game you are playing in your favorite casino, but I think martingale sucks as a strategy because you only need a few losses in a row to never see your money again. Regardless how much bankroll you have, I do not recommend martingale system. It will eat your entire bankroll when you have a cold streak. It's not advisable for a gambler who loves to play and last in the game. Just be conservative and use flat betting. Not only martingale method but no methods will work, if anyone gambles to make money from it because only luck can bring money from these games. You can be lucky for some time but if you play every day then you will lose more than you gain. So just gamble only for entertainment purpose, and you will surely make some money if your lucky on any day. This one I could not pass, no method in gambling to win is not true, otherwise how do you called those successful gamblers. You cannot call yourself professional if you do not have a method to use and some may succeed while some not but certainly there's a method |
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Now I buy Bitcoin because faith in the fact that its price will be much higher soon. This is my investment. In this way, I plan to make money
Good move dude, you just have the right trust and making the right decision. Bitcoin will certainly be big in the future and we will be all benefited. We have to ensure that we must only put the amount of money that we can afford to lose, otherwise when we fail at first we cannot recover. |
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Fiat currency will definitely be replaced within 15 years in my opinion. However, is it going to be a cryptocurrency or something else will come out and replace cryptocurrency? Is that cryptocurrency going to be Bitcoin? There is definitely a chance. That chance would be something that insurance companies bet their money on. I agree that paper money will be replaced but 15 years is not too long cause I believe that it will make a huge impact to people if this process is taken quickly so it must be taken bit by bit so that people can adopt properly . The chances are likely cryptocurrency will be the one to replace paper money cause among all other kinds of currencies, Cryptocurrecies is definitely in the top basing on its progress . That certainly is right, dollar is a strong currency and it has been use for many years therefore we cannot easily say that it will be replace by bitcoins. Nowadays, bitcoin is popular but it cannot compete with dollars in terms of users and stability. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Yes it will be still popular, Many users got into bitcoin because it is not tied with the users identity and its low fees . As long as these two will not change people will still come for bitcoin . But the thing that worries me is most bitcoin users have become one because it is a good long term investment , So its popularity might not be as fast as it is now . I guess it's going to be a different story seeing that price, it's not justifiable anymore and coming from $700+ price to a centavos is not a good price, it's like bitcoin is becoming worthless and you can tell already with that price that people are not using it already. |
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We should consider that there is no forever.
this statement is just like I've always from teens who suffers from heartbreak  by the way, we can say that bitcoin would not last forever but as long as the chain is working and there's still processing the transaction bitcoin will still alive. but for sure this is unlikely to happen as bitcoin is continuous to spread. Bitcoin chain can stop . If bitcoin server /blockchain is hacked or government banned bitcoin in each country in the world. But i think even bitcoin is banned by government. Bitcoin can be use in darkweb. It's true as bitcoin is widely use in the dark market so we still have no problem with that. But I am still not convince why bitcoin will be ban by the government when they are benefiting from the system, they can collect money as many business will be created since people who can use bitcoin will be attract to shop online or transact online due to lower charges or almost free. |
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I dont know if im advancing too fast, but in the future we will do all transactions online without the need anymore of the printed money, besides that i do believe we will have internet acess for free, companies will sell just computers and digital equipments.
Real Money will always be paper and digital for use on a network. There is much debate on the subject, just much talk seriously about bitcoin such as international currency very early and premature. I think the true real money will always be in the form of paper money, and the money will be digital only as an option, although the future of digital money later will be more widely used, but I'm sure paper money will continue to survive Paper money can be elimanate if system between stable, paper money is many the weakness like prone to false, paper money also difficult to control by government.Wow! are your kidding me? You really have no idea that the government created paper money and it has a serial number as their control. Do your research please. |
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You should invest it into something more "physical" and not in "altcoins"..because it's so unpredictable that you might lost 10x in a night... so, do something more "old school" I'm gonna tell you my own experience, and it was goo d for me, because I bought ETH in the very early stage when it worth nothing... so months later it worth 10$, but it was a shot in the dark, I mena, I had few BTC to do this kinda opperation, but many people don't have, so, if it was a shi&* coin like many other was, I was fuck**d and lost ~10BTC. So, the way was differente and now I sold out ~x1000, but, it's fine... So, if you give a right shot you can win big, but take care that you can "bet" just what you're conforatble to lost. Youhave gooood money, so, be smart. I think there's no much option in physical if you want to double... Neither opening a store and working will be 100% safe... About altcoins, today the price of alts are on the ground, good time to buy and and 2 months and double your money, ETH price now is really good to make some profit with a small risk. Thanks for pointing that out, ETH is really a great buy nowadays and not all altcoins. You just have to select the coin with a good volume like ETH and based on the trend when the price of bitcoin normalize, it will start to rise again because people will be moving their money again. I really don't understand why people are buying bitcoin on high, the next step is going down again... For sure are options with alts besides ETH like DASH and others, I bet that you can double your money with this strong alts in a short time. Sorry but I am not agree with you, to me I think still there is good potential in the price of bitcoin and it I not going down so far. I hope that we will be a next all time all price in very start of next year, and after that bitcoin price can take a little correction, so to it is still good time to invest in bitcoin rather than any other altcoins. That's advisable for long term investment because some of the altcoins are only good for short term investment. But doubling your money safely has not place in the crypto world because all that is here are base on risk and rewards. They go both.. |
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Bitcoin need fiat and fiat need bitcoin this is just a cycle this both need everyone it's like in relationship you need a boyfriend and you need a girlfriend you can live without girlfriend but in the end you will find one and it will leave you again but there are going to change and it still you have boyfriend and for this bitcoin can't replace fiat how ever fiat has already a big contribute in bitcoin economi
You are wrong man, fiat does not need bitcoin, even you see from any point. fiat never need bitcoin due fiat stay in the path that can't be replaced by anything else. Yeah, bitcoin is dependent upon fiat for its usage but fiat functions better even when bitcoin hasn't got existed. On such a long time sustained growth fiat had gained values which can never be replaced by bitcoin. Yes that is right to say that currently bitcoin needs fiat, as we can see that bitcoin is not yet so much introduced in all over the world and that is the reason that bitcoin is not give as such facilities as we are expecting from bitcoin, but hope that a time will come when all the people of the world will be using bitcoin and then bitcoin will no need of fiat any more. It's too early to say that bitcoin will be the future and fiat will be gone, almost all of our transactions on our day to day needs fiat to complete. And I believe even the richest man in bitcoin, will still need fiat to transact. Bitcoin for now is more on investment as only few business accepts bitcoin. |
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I believe it's mostly luck, you can have a strategy that can make you some profit in a short period sometimes, but the rule in gambling is the longer you play the more likely it is you lose. And a lot of people have to lose for a few to win.
first of all should you believe on luck existence itself? i personally do believe that luck is just one of many factor that can change the game, change the outcome. but just limited to 'one of many factor' , you can't win the game with your luck alone. Well I deposited 1 btc once with dice and did a reversed martingale on 2x and hit 4 greens in a row, I call that luck indeed, when something is random by chance and I still hit it I got lucky. It's not a force or something like that where I have to believe in. that's what i mean , people believe on luck on that situation then they recognize about luck existence. i do believe on something called luck too as frequently i experienced some unexpected result which basically almost impossible but then it's happened. but i don't agree if then the whole gambling results depends on luck only. True, because what we need is being consistent to be able to win in the long run, luck is not consistent as we do not even have control on it. But if that will strike we will really be happy with the outcome of our gambling session. Just do not abuse or push your luck as it does not give good results all the time. |
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Not sure if it's brought up in this thread, but it may be that most governments are playing around with the bitcoin/blockchain technology just to get an idea of where the future of money is heading. I may as well be wrong about that.
We will know in the future, if the government will create theirs and they will have the similar system as bitcoin it does not guarantee that people will adopt, they are still centralized and people wants decentralized to have full freedom and privacy of their money. I think of course it will be done by the government, seeing the success of bitcoin, they would make a similar digital currency bitcoin, but they will not be able to make decentralization That's understood already as they are government and they want to control things. Therefore, even though they will create a bitcoin like technology we will still be stronger here due to that big hindrance which is centralization. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I did earn a small amount of bitcoin this past week coming from my signature campaign.. but that btc only sleep on wallet for one day and lose them all because of those hyip and doublers. I promise not to join on them. Lol you're not going to become rich if you just depend on something risky, because it will only harm you, find a safe method and patience in generating bitcoin, I'm sure over time you can become rich I guess you need to review your statement. In order for us to be rich we need to have our investment and some people are doing trading here with a good amount of capital, and that action alone is already risky, even opening your business is risky than working for a company. You can be a worker and you are safe as you will receive your paycheck but you will not have a financial freedom in the future as it's only of the risk takers. |
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hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?
if to gamble
best site to gamble with a really nice provably fair..
and if to invest.
best investment program wherein no scam.
thank you for your opinions guys
cheers
Always invest. Never gamble. Do your analysis and invest your BTC wisely. I think it's fine to gamble as long as you will treat that as an entertainment only, you can do both well if you have discipline. Investing would be consider as your job and after doing your job you will entertain yourself in gambling. |
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