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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What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.
The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.
It's not the price alone mate, it's also the users of bitcoin. I believe people are more interested to see the adoption rate and they make it a basis on their investment and believe that the future will bring them great profit due to increase of price. If the price of 1 BTC is $1,000,0000 but only few users, does it attract people to use it? I think the Bitcoin users affect the prices of Bitcoin. The more people use it, the higher the prices are. In general, when Bitcoin was first created, there were many people know about it so that its prices are less than $0.1. Later, when it was first used by hackers and bad people in the deepweb, its prices were about $50 to $100. Currently, there are millions of people are having Bitcoin and the prices have already over $800 for many months yes mate the users adoptions really affects to the value of it i think the more knowledge about it the more people will support and use it either with their investment or for their daily transaction, we just needed to learn more about the features of bitcoin and for sure more passive things will follow. There it it just right to carefully analyze the price and not just being comfortable every time we see a good price. We must know what are the factors affecting the price movement as it's very vital for a sound decision making. |
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with the bank I believe bitcoin will be one of the financial payment media most widely used in the world. because with these conditions, bitcoin will become more reliable and also secure in every use.
I think the banks have government will never accept bitcoin, you could see governments around the world reject bitcoin. because bitcoin anonymous and decentralized. but if it happened it would be very nice for bitcoin Governments accepting Bitcoin is probably one of the things that does not make sense, because this would be a way to reduce the power they have. Control over the local currency is one of the things that gives more autonomy to governments, and certainly is one of the pillars of the state. That is why all nations use fiat currency. For Bitcoin to gain space, everything will depend on the users. I dont think govenrment will ever accepting bitcoin, that is why bitcoin bank will never appear, by accepting bitcoin, it means the government will lose the power to control the tax and the transaction, the only way fro government to accept bitcoin is to treat bitcoin same way as fiat, so the government will ask you to provide information for every transcation you made I don't get why people still need Bitcoin to be accepted directly? When we can convert it to Fiat anytime which has more use and widely accepted in any country of origin. We don't need banks to accept Bitcoin. They have no idea what would the world would become if bitcoin will be accepted directly, for me it's good to always stay this way, at least we have different option to use and we can enjoy both. Banks are for fiat so there will be no bitcoin bank in the future. |
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as now i am trying to make limit for myself, then i make only small bet and i think its only for 0.0005 satoshi and i think i can do in lower than that amount. i know i will not make much of money but for me its enough and i don't playing gambling in a day but just in for hours.
There are just some games that you cannot bet that low on, dice would be about the only exception I know of available. Most online casinos have a minimum bet of 0.001btc or more on the tables. Some sites accept lower that 0.001btc, they want volume to play on their site. The amount mentioned is pretty low and I don't think if a person cannot afford to bet on that minimum will ever be successful in his journey. If losing that amount would already affect you then it's better not to gamble at all, that would mean only that you are not eligible to play or to have fun. |
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Gambling in a smart way is possible if you are just betting with low numbers but I do not see any other smart thing about it..
That's a smart way of gambling if you are going to bet with small amounts on a daily basis. Also a smart thing is that you are going to play if you are in good mood. Because somehow it can affect the way you gamble and your play style. As we know if we will bet in rage, most of the time we are just going to keep on losing. The odds are base on our chances to win, we can actually win betting on low or high odds and that depends on our luck. However, just like you said, the moment we lose our temper in gambling, no matter how good you are, you will not gonna succeed as you will still always gonna lose in the long run. |
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like what others have already said, with 0% house edge the only way this can be possible is through advertising system or games that pits players against other players. i think it could be done in a very clever and sophisticated way but i think it would be very difficult. unless you can come up with something really brilliant
I have not seen a game with no house edge that is getting popular now, so with that reality I think it's really not effective to have that games. I don't know because I don't play all games as I am only limited to playing sports betting, dice, and roulette. |
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There are just those people that are totally risk taker and they attain to gamble higher what they afford to lose.
You will be surprised to know that some people actually gamble the money that they cant afford to lose, they call themselves risk taker and I prefer to call them insane. Some peolle think that by risking everything they could finally win and perhaps double up the amount in a gambling sites and in fact it is just an insane thought And they are most likely those who ruin their lives because of gambling, the success rate is low so expect that this people will keep complaining and blame gambling for their misfortune. If the outcome is positive, we have a very happy life but if not it's devastating and it's hard to move on. |
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Best way to gain more btc? For me you should do trading, buying some altcoins for low price and sell them in high price! Never use ponzi or you lose money  Altcoins can give you good profit but it can make you lose as well, it's not good for long term investment but as a day trader you can take advantage to the big price movement. However, it's not easy as we think, we have to understand the nature of it and be active to monitor the news of that are the updates. |
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Because that is when a gambler is facing its bad fate when he started with bad luck and keeps on continuing without realizing that he is just going to fell in a cliff. Also you can depend on your instinct because sometimes personal instincts are good way to predict something if you can feel that it will be good then just don't stop, but if you can feel that it won't just stop. But still, this is not so sure to depend on, it is just happening occasional.
Instinct in gambling is fallacy You cannot tell whatever is the result. Gambling has its own system that is unaffected by outside factor even your instinct or mine. I think it would be better if you are rational here, or cynical. This way it can save you from more losses in the future. Stop when you feel like you will win the next Bet because it will always make you to bet more and keep losing. That's why I said sometimes they are good way to predict and feel that you can win but sometimes it isn't. I agree by being rational is going to be a good attitude when we are gambling, if you found out that everything is not working good for you, then just simply stop. It's something that is hard to do, when you are in the middle of your session and you are losing while still you have the money to gamble you will not stop. Believe me, I have been in the situation many times, it's like we want to stop with a win or lose everything. That's how gamblers think. |
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It's not the Bitcoin that is taxed. There is no tax on dollars for example, but if you are earning, or disposing of capital assets, then you may be liable for taxes. If you take a car in lieu of payment, then you still may have to pay tax.
Exactly, Bitcoin obviously don't have any taxes at all because it is a digital currency or like the real money. Unless the government itself will give the by laws about in bitcoin, and if that happen that's not good for the bitcoin enthusiast like us for sure. We can only be taxed if we convert that into fiat, for now the government is still in the process of making rules on how to treat our income and transactions online in the crypto world. Although this is not still regulated but the government will always find a way to earn from us as well. |
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im sticking to sports only for now, dice is too crazy...
Chances to win in sports betting is bigger than dice. Because in sports betting at least we can analyze and which ones will be more convincing win. At least we can see and analyze the statistics of the team that will play before placing a bet. Unlike the dice that actually plays good luck. I mean, we can not analyze anything before playing dice. Only, start, play and expect good luck. It depends if you have the passion in sports betting, I know as gamblers we have our favorite sports and even if we play dice and we feel we are lucky doing it then we should do it. There's no strategy involve just pure luck but you will be entertain if it's what you really like to play. I have been an sports gamblers for years but still I am under the slavery of losing, however the happiness I get can commensurate. |
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I'd rather not risk my bitcoins just hold and wait
Yeah I think that is the safest strategy right now because the price is low, lots of room for price hikes in the future, I wouldn't be surprised if we see at least another two huge price rises this year in 2017. Bitcoin is disinflationary and when a currency is disinflationary that means inflation slows down over time. So the next halving is 3 years from now, which means that you can expect the price to rise again from both hype and the halving at that time. Yes that is the safest way but if you have more bitcoin when the price reach atleast $2000 USD, you will be happy. Just trade your bitcoin to grow it. I think trading give big chance to grow our money and it is fair. It's not a must when you have no interest in trading, it's a riskier journey compared to just simply holding your bitcoins. When you hold, you just simply wait for the price to rise it's value higher than your purchase price and it's not a long wait as what others are believing because just recently we see how bitcoin skyrocketed. |
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Just cant believed that blazers loses the game today after showing a good fight with two ot lilard seems to be not in a good shape in the last dying minutes if he took that shot maybe chances to win is much bigger but mcCollum took it and missed. I'll be chasing and review the game to tom maybe luck will on my side hehe.
They lose by 1 point but I won my bet with over 111 total points for Blazers, thanks to the double OT it makes my day. The game was close and like the previous match, they do it wire to wire and in the end the Detroit Pistons got lucky in the game. |
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I can do that, unless I open my BTC wallet while gambling... that makes me tempted to deposit some money there. A lot of money actually, it makes me really greedy as soon as I deposit some. So I prefer playing with free money.. that makes me controllable and even if I go all in after I win big, it's like i never had that money. It's not like I deposited it and now I lost all and I'm homeless..  very honestly it is really very difficult to control yourself in trading if you have no strategy and if you are playing gambling without any planning. i personally cannot control my self while playing gambling therefore i have limited my gambling up to certain level and i usually bring such amount that i have limited for gambling. Not only you but most of the people can't control them while gambling. Whether they are winning or losing both times difficult so it is always good to go with some fixed amount to gamble. Because no need to worry much about the controlling and we can fully enjoy our games and time. Controlling in gambling is certainly easy when you have the right discipline, as we have a game plan we need to strictly follow it. It's like we are having a plan and if we execute it right we will succeed. When gambling for fun, the risk is lower or no risk at all because the chances of chasing bets is most likely not gonna happen since you have accepted that money is not your main goal. |
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Need to be lucky to have profit in long term. Few gamblers can have this profit, most gamblers will lose money, it's inevitable. The casino needs to make profit and if players don't lose money they won't earn money.
For me it's not a good idea to try making this profit, there is a very low chance to become one of the few rich gamblers and I don't want to lose much money trying this.
i agree with this and only the casino and few gamblers will make profitable in long term unless that person have big luck in the gambling games but its not possible to have luck in every time we've gamble. i think we can not expecting to get profit in the long term and only playing gambling for short term. to me i think yes it can be profitable but not for the most of the people. as majority of people are loosing money in gambling but still the there are some people who have good luck and they can make good money in gambling even in long term. yes i belive there is some people that can really make money in the long term through gambling , mostly they are a professional poker player and pro sportsbettor , never heard a roulette player keep winning profit for 5 years or so. so skill based games are the only game that can make you get profit in the long term. Exactly, that's why I need to learn how to master sports betting, been practicing for years but until now I am still in the losing side. I believe I have a future in sports betting and I am not losing my patience yet, it does not matter how long I have to practice until I reach the level that I can constantly make money. The sports betting are predictable no need to take too much risk. First thing is you know that sports well and you should be aware of players and team performance that's it. If you know this that is enough in sports betting. And the result may come unexpectedly sometimes it's your bad luck. So live betting is better option to win your bet in sports betting. Still you are taking risk no matter what type of gambling you are doing, sports betting or sports gambling is the most popular gambling type for sports enthusiast, the gambling is making good money coming from these people. I believe there's a reason why it's popular, maybe because we can analyze our bet and we hear some good success story from the whales. |
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Yes, they do have. When you change them for local currency, you need to pay tax. Size of tax deppends from country...
I never experience such, when I think of exchanging my bitcoin to fiat I only need to sold my bitcoin with the current price. There was never a time that I paid taxes for exchanging to fit, and I think this will be the best benefit of using bitcoin to be tax free. Despite of that, I am still not confident this will continue as our government is already looking to tax our transactions with bitcoin, and until the law is not yet published we continue to enjoy the tax free system. |
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I don't think that bitcoin has the potential to make banks disappear or even make banks useless . the government especially those elites wouldn't want it to happen even if they already have the control in bitcoin .
Yes, banks is the economic and monetary lifeline of every country and it cant be replaced by BTC, plus how can we encash our BTC if the banks disappear. Yup in this world we live in Cash is still king. Bitcoin without banks or even Fiat can't act on his own. Bitcoin will have no value on the majority of people who don't know it yet. Even in the near future I can't see Bitcoin overtaking any Fiat currency. Because in order for you to use Bitcoin you need to have internet and not all people have internet. As bitcoin users and supporters as well we think of the better future of bitcoin, but let us consider the reality that it will never be bigger than fiat. We can use both to have a better like gaining from the benefits of using bitcoin, however we cannot deny that all people needs fiat as it's widely accepted compared to bitcoin. |
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My fave right now is bitvest for dice can't get enough of it.
Its really fast, 1% dice with up to 999x speed allowed.
Currently been chasing 99.995 for the 19800x multiplier ive hit it a few times now im chasing it with 1k bets.
Would be a nice hit right now with btc being up.
I've seen someone hit that kind of big multiplier he won 6 btc , I'm not really sure how many rolls he make but I'm pretty sure that rolls worth the risk. It's more fun when you win that good amount but I don't think it's very easy. You need to be very lucky to be able to hit that amount, dice is really fun but you have to ensure that what you bet is the amount you can afford to lose, it's not winning every time but when you enjoy it's like you are winning all the time. |
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