I think if you spend bitcoin for gambling at this time, it's not good for you because the bitcoin will rise up highly after Trump officially became the president of USA. Just hold it and you can get more earning from bitcoin increase later.
Well i dont mind spending my bitcoin because i can use giveaways and free bitcoins that every casinos or site gave me. It is not a problem even if the price of bitcoin increases because that is not a basis of a gambler to gamble, right? they are just gambling to have fun or have some profits from it, which is not that good. Well it is a good news if the bitcoin's price is increasing but i dont think that it will affect some gamblers.
If someone is gambling for profits then it would be better if he just held the bitcoins instead of gambling it. But if you are gambling for fun that is another matter. You just play with it and gamble for fun. However, as bitcoins rise people who convert fiat into bitcoins and gamble will have a harder time in casinos. As their bank roll will be lower each time bitcoins rises. That would only be applicable and feasible if you have a decent amount to invest with your bitcoin, while some have enjoyed the increase of bitcoin's value but some has seek to grow their money in a faster way. That faster way is in gambling, you are taking both risk or using bitcoin and gambling and that means higher risk, however, we still gonna accept it as we want higher income as well. |
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The worst mistake I've ever made is using a bot to automate my bets. I tell you, I still regret it until today because I lost Lot's of funds even funds that were not in bankroll
me too, i have this bad experience in two days ago and until now i am not gambling again, maybe i will gambling in next weeks but i am not loss much of satoshi as you. from this, i think i will not use auto for my bets as i don't want to get bad experience again. and that is the reason that i am trying to convince my friend to play gambling under a limit, because if you start losing money in gambling or you made a worst mistake in gambling, you my not lose all your money as a whole. your planing and good strategy will protect your from losing a big amount of money in short period of time. That's how you gamble with direction, you cannot just play there without a specific game plan, gambling is very risky and you can lose all your money if you follow your emotion and you chase bets. Worst mistake that is possible for us is when we use the money not intended in gambling, believe me, you just created a big problem that will accumulate to a bigger one. |
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not too much, I started collecting bitcoin again. because I sold all my bitcoin when current pump price, it is a habit that I do.
yeah anyway I can buy more when the price is very low
So, what do you say about the current price, is it low or not? Me, I have combined all my earnings online, from doing job and venturing in trading and gambling and I can say I am quite already satisfied with the movement of my savings, I should keep it coming and will surely hit my target in the next 5 years. The more the price increase, the more I am attracted to save. |
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It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.
Not only matters to all of those, it is also important for the average user of bitcoin, because if the price gets too low you will think twice before spending your bitcoin when the value is so low, in the other hand when it gets an higher price you can buy more with your bitcoin. Regular spender does not care much of the volatility of bitcoin and the price itself, only the investors who are very much attach with the price movement by monitoring it regularly and of course we are all happy when the value of bitcoin increase which I believe will continue to happen. The recent price fall back was not that big, it's an opportunity that was given to us to buy more bitcoins to store for the future. |
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I've lost over 10BTC in the past three months, and let me tell you. Stopping isn't as easy as you might think. I don't know why I keep doing it but I do. And the result is always the same.
Net Profit: - 5.500BTC
Sometimes I play Black Jack, sometimes I play Dice. Most of the time it's dice, and that's basically where I lose all my money. Nothing ever works. Martingale: Nope. Reverse Martingale: Nope. All in 80-90%: Nope. Spamming 97% win chance: Nope. I wish I could stop lol
As long as you play with -EV you will lose longtherm, this is clear. But how about playing poker or sports betting? Your slot games history is so sad, and you don't have luck in slot games, so now try skill games use your all type of strategies and play these games maybe your luck will be change. If you don't know poker game try sports betting this is the only solution if you have in gambling to make a profit. This is also a risk but not like slot games. You will get a lot of options to bet, and winning percentage is high. It's still not gonna be effective even if you are doing games with high chances of winning when your interest is not on the game. He loves to play such game but he was just unlucky, maybe it's time to limit your loses by putting small bets, so the moment you lose you will not gonna complain, instead you can accept it easily. |
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Did not expect New york Knicks to beat Boston Celtics tonight. At Celtics home that too by 11 points, that was a shocker. Also, Philadelphia 76'ers beat Toronto Raptors. Wasn't expecting that either.
Derrick Rose put a show tonight with 30 points, 10 rebounds, 5 assists, 2 steals, 2 blocks for the Knicks.
Yeah. Raptors ripped my heart out again. Derozen just couldn't put down the shots when it counted and Lowry had something up with the same ref all night. He slapped him with a technical near the end for good measure. Those three calls from that same ref cost them the game. Just because Kyle didn't throw him the ball after the turn over. Sheesh! I had them for under 220.5 and the win but they couldn't do it with those filthy calls from that ref. This lost was really unexpected raptors is one of my fav from the east and we knew how well they play the games but those calls really affected the team and sixers take that advantage and aim the wins, it will be a long games to watch and expect most of this coming from different matched favored team loses with underdogs. I hated the way Memphis played tonight. Where were their defense against the wizards? They let them make really easy lay ups and didn't even challenge them. Took an under on points and only lost by going over by 2 points. Lost a chance at 99mbtc with 5mbtc on the parlay I took. The other 4 matches were good. Ah well. Just can't trust these sure teams anymore in this years basketball season. Teams are very unpredictable now, Memphis last year was a very defensive team and most bets goes under with them. Further, it's the same thing what happens with the Spurs now, they are allowing their opponent to score more than 100 points including the weak teams. I guess they are following what the warriors are doing, the problem is their offense is not as good as the warriors. |
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for some, gambling is an addiction, which is considered as psychological sickness. gambling for some makes them satisfied when they are winning, they feel like they are so lucky, when you feel lucky then you are special, and all of us wants to be special. winning in gambling also makes us earn money,bitcoin, or whatsoever.
In the end, it will also end in addiction. Whether you are lucky or not, your fate will be the same. Feeling lucky doesn't mean that your intuition is correct. It can't be judged that you need to follow it that it is correct. Anyway, gambling should not be consider as sickness if it isn't giving you a problem or the people around you.  In fact sometimes when we feel we are lucky that's the time when losing is easy for us, it's all we think because we always think of winning and that already influence our mind so much. It's every gambler thinking that when every time he gambles he will win and every is his day, however, the reality speaks for itself, no matter how we think the outcome will still be based on our chances. |
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If bitcoin reaches 10,000 fiat will not be worthless but without a doubt it will bring a lot of attention to bitcoin and new adopters and that could lead to the eventual world adoption of bitcoin.
That's plausible to happen as the price of bitcoin is going to keep on increasing fiat will remain. And for sure people who are really going to be amazed with the price of bitcoin if that happens will adopt it instantly and hoping to earn 1 bitcoin hardly. Fiat will not be worthless but yes, it will going to attract a lot of new people and users. Not really user that we are going to attract when the price of bitcoin is worth $10,000 but people who wants to take advantage of its price... Most of them will be for the profit even if they really don't know what bitcoin is, as long as they could earn from this... Later on they will still be cashing out to fiat... World adoption of bitcoin won't happen that easy and not even when the price reached $10,000, it will take time before the world learn to like bitcoin. The price is not the main problem here, it will be the effect of the adoption, if the adoption is big then it will result to bigger prices and I don't think people will just come for profit and sell their holdings. There are smart investors like the whales, they know even if that price will be reach it will still continue to rise and they will benefit from that movement all the time. |
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The thrill of winning is very addictive. Like an adrenaline rush.
indeed, temptation for always winning is to hard to controlled and it could make us to become too greedy. but i think if someone can learn from his mistakes and from his losses and not being greedy with his winning, i think playing gambling can not makes that person to become addicting in gambling but it is always hard to do and only few people that can do this with easy. Off course it is this is was is so addicting. We had competition that was ended yesterday we have to pick highers odd to gain the winning one was over 30 so this was very exacting and intense in same time. Also the game it self like @michaelch mentioned pure rush There are two different type of gamblers, one type is when he is winning he love to push his luck and the other one is when he is losing he will rage and chase bets. Both are good and should not be done as it would certainly result to gambling addiction. |
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when I read some threads about how do they make money on bitcoin I always see gambling , I dont see any people who become successful on trading because when they reveal they are making money into it people will contact him and ask how he do that and what strategy he is doing and another is thru signature campaign (for sure) .
You should explore more thread, those who are saying that there source of income is gambling are not really earning in real life. Although it's true that it's not possible to be profitable with gambling but most of us failed to achieve our goal. You can only consider it as a source of your income if you are doing well and you are consistent in winning. |
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Winning and earning is definitely possible but it's also inevitable that you'll lose money in the process. It would depend on how responsible you are with your winnings to avoid regrettable results.if i were to win big with any gambling sites or casinos's i'd think twice or thrice about betting it again. Most likely i'd keep the winnings that i've had and if i want to continue gambling, i'd start again with he exact amount i started before i won. Then same process. If i've exhausted all my capital then i'd leave. The winnings i made would be saved in my btc wallet to be used for future tradings
The fact that you cannot control the outcome in gambling, you must have another plan when things does not go on what you are expecting. We all aiming for profit but there are times we are really unlucky, hence, we will be tested on how to react in such situation. If we are smart enough we will limit our loses and stop. |
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I think smart way is bet small.Don't be too greedy and always remember that gambling can't make you rich.We all know gambling is very dangerous and it can make anyone empty hand so by betting small amount you won't lose your all money.Also doing only sports betting is a smart way cause you can be profited from that.
Focusing on profit will make us greedy and yes we shouldn't avoid that type of attitude when we gamble because that is going to lead us losing in the end. Together betting small amount is a good but smart way depending on your capability. Even you are going to bet high amount but you know what you are doing and you afford to lose it. it is not good for us to only focussing on profit, we need to learn about the risk too because every time we are playing gambling, we can not always win and our luck is not always beside with us. smart way for me is when i can spend a little amount and then i can win in several times, then i quit as soon as possible, this is what i am thinking and what i am doing so far. - That is just temporary. When we lose too much, we will not be able to control - We will raising the higher and higher bets, and we will lose - We were too greedy and impatient, I think smart way is control control and control when play gambling Human greediness is just a normal personality for all of us and yes control will be the smartest thing that we need to do for it. But the question is, how we are going to control our greediness? You need to practice something that is going to make you not that greedy. So, if you ever won some amount maybe 0.005-0.01 BTC for this day, I guess that's already enough. Try to set a limit or an amount which is going to satisfy you. Well, if you practice it you will really overcome your problem. Human are greedy but it can be controlled, hence we should try to do things to make it possible, the moment we are in gambling and we have good control then it could give us a chance to win and limit our loses. |
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I think that money laundering would be a little easier if more people used Bitcoin.  This is very likely, everyone will use bitcoin for money laundering. but with prices down like this, certainly they thought of canceling if saving money in bitcoin. Maybe a criminal could be waiting but it could be for different reason, if a criminal wanted to launder his money then why not obtain a profit in the process? So, the criminal buys now when the price is low and waits until the next rise in price, that way he launders his money and obtains even more money in the process. maybe they do this without anybody know because if they buy bitcoin with third party or not, the other people don't know where the money come from and being used for what, but if they already have bitcoin then its easy to them to sell the amount when the bitcoin price is high. i believe that there is money laundering via btc, because we can not know what kind of transaction that being used by many people in outside. sometimes i have no clue what it is that people are saying, i get about half of your meaning, but that was already addressed two pages back, so i must be getting it wrong Then simply don't right anything without understanding the topic, you can check google for the complete information regarding money laundering act. Some here are just saying based on their opinion and some does not even understand what is money laundering act and why it's created. Just saying, hope we read more and post less. |
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I wouldn't expect any discussions about Bitcoin in the Whitehouse. Donald Trump has recently said: “I think that computers have complicated lives very greatly. The whole age of computer has made it where nobody knows exactly what’s going on.”
That being the case, I would imagine any discussion with him about Bitcoin would be unlikely or at best, fruitless.
His statement does not mean that it is his belief until the end of his term or the end of his life. The fact that they honor the discussion in the white house, there is always a chance that the President might be convince and will eventually change his mind. Let's be positive, it's all for us. |
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Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.
That's only true if the gambling site doesn't have any bugs at all or the people hit the jackpot a couple of times. The house edge is nothing if people gets lucky. All those small earning from average people will all belong to the person/s that will hit the jackpot. Other than that, your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it. This is an interesting observation, because I recently saw reports of users complaining about glitches on gambling websites, and these were services that were known and trusted by most in the community. This is just one of the reasons why I think you have to be very careful when gambling online. Bugs or security problem is the main concern of the gambling sites owner, they are not here to scam us but to serve us. The amount they earn in a daily basis will accumulate to a bigger amount in the long run as they are profitable. Hence, there main concern is to maintain their site reputable so more people will play and enjoy. |
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I already save half bitcoin ,and still not enough to cover all my expenses ,cause im only the bread winner of my family, i do work in day and bitcoin in the night for extra income.im saving bitcoin cause i want to enter into trading to earn more btc for our monthly allowance.
If it's not enough then you save more. Don't use your current situation as an excuses that you cannot save bitcoins for your future, instead make it as your inspiration to strive hard to make more money, you are the bread winner of the family and that means you have big responsibility. |
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Never gamble while you are drunk!!! I think this is the worst mistake. You can loose easily your coins anyway, but when you drink, you make more reckless bets, and loose in no time. True story  Right lol because you can't control yourself to be greedy when you're drunk. You want to earn fast with just a few hours. Try to gamble when you're in a good mood Like they said, do not gamble when you are in the stable state of mind, when you are drunk your mind is weak as your emotion is more dominant. We know for the fact that gambling is a mind games so we have to follow what it requires us to be a winner in the end. It's always a mistake to gamble when drunk unless you are just playing it for fun. |
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Hi friends,
Work the longest without loss ? With which strategy ? (With an average of 0.1 BTC balancing)
Which site and which strategy to run for a long time without loss?
Everyone share their experiences, brain storm
Just like I said in the other thread in this gambling discussion section just invite more people and make them as your referrals the more the referrals the more money to come on you.But choose a better gambling site that offers affiliate programs. It's safe but I don't think it's easy to attract gamblers to sign under you as your referral. Some makes this kind of business but they offer something like giving free bets or whatever favor you can do for them, most gamblers are smarter now especially the high rollers so it's not easy for you to attract them. |
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I think everyone here is a fool to think that they do not take their winnings and simple turn them into losings. I win some, I lose a lot, I have fun in a process thats what it is all about, right?
For sure we do not think that way, what we think is we lose in the long run due to the house edge. If you believe you can win in gambling and you have proven it then you are exceptional as only few can do that. But do not ever think that it would be very easy for others to follow your path. Due to the mere fact that most gamblers are losers, we tend to convince ourselves that gambling is only for fun. |
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Used to love blackjack - but can't seem to get away from Dice at the moment...
I am doing the opposite right now, I used to love dice, but I cannot get away from one deck blackjack playing 3 hands at one time. Dice is too based on "luck" at least with blackjack you can control it to a degree You are really doing good as you have come out of hypnotizing dice gambling. Like many gamblers, I am too still loving and struggling only with dicing. I know it will not be profitable and other than setting up new strategies the chances for entertainment will be less within it. Still I do dice gambling only. Maybe I got addicted to it. Well, at least you are enjoying what made you addicted. I love dice as well as the outcome is fast and it's really fun when your luck strikes, but as a gambler I do not limit my form of entertainment into one game only, I do sports betting as well and from time to time, games in gambling changes my taste depends on my mood when playing. |
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