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7481  Economy / Speculation / Re: Bitcoin sold out on: November 02, 2017, 05:19:36 AM
first of all they guess that satoshi may have about 1 million bitcoin, nobody knows for sure how much of if satoshi even has access to them or even is alive or not!

secondly, someone who waits this long (8+ years) is not going to suddenly unload 1 million coins on the market to harm what he himself created! that would be idiotic.

and finally 1 million sell off is not going to do anything to the market. but satoshi stash moving may cause some panic, and the bigger market gets the smaller this panic will be.
No one really knows if satoshi do have really that possesion of 1 million bitcoins and same as you said it would really be an idiotic move for him to see his creation to be affected on the possible actions that he would made.If he do need money then he can easily make cash-out but not on bulks for sure.If he do own 1m coins then its none of our business if he would sell it or not.
7482  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: November 02, 2017, 04:24:36 AM

Within a weeks time, you lost more than 10% of your investments. No wonder these investments are called very high-risk type. In Bitdice investment you lost around 35% within a week from 11.2 BTC to 7.465 BTC. Another biggest loss is Betking 23% loss. Since you done good diversification so overall losses are around 9%.

I can't put so many bitcoins in such high-risk investments.
As ive seen on the chart hes already on negative profits for 9 weeks time for the initial 43 btc investment.I agree on the thing you do said that allocation and diversification did make the situation less worse compared if you did put all either on betking of bitdice. I do see this investments is lesser risk than on playing gambling itself.Negative months are normal on gambling houses which is normal and nothing to be surprised of.
7483  Economy / Gambling discussion / Re: What do you feel when win in gambling? on: November 02, 2017, 03:12:50 AM
Well you basically feel that excitement and adrenaline, atleast i do but it also tempts you to play further and do bigger bets.
And then it easily goes from nice win to *poof* .

I know what you mean, lol. I also experienced the same thing the first time I tried gambling, I used this free satohis and I just made 0.03 bitcoin profits out of 0.00002 bitcoin, well that was pretty big for me, then I was about to withdraw it but I became greedy, I continue to gamble it hoping that I could make more, but the result made me disappointed, I just lost all of it in an instant and I was very pissed off that time.
I do bet that most of us do really experience such thing on where we did decide to strive or continue to play even more because we put our mind that we did able to make those faucet amounts come to sufficient amount but come to think off  that our luck isnt on our side always why most gamblers do really end up on having zero balance when they do play.
7484  Economy / Gambling discussion / Re: How can gambling help you with your life? on: November 01, 2017, 03:57:24 PM
Gambling gives you a sensation of happiness, relief, and positiveness. Of course that happens when you win, otherwise you it will give you a sensation of despair, sadness, and negativeness. Added to that, it can also help you with various things like teaching you to be patient, calm, a good manipulator, and so on. But people should not be wanting help from gambling because, seriously, it is not trustworthy. You always lose, and you rarely win. Plus, it is a waste of time if you ask me.
Happiness, relief and positiveness with gambling can only last for a while unless you just have the plans to quickly dash away with your winnings and never look  back.

I am really still looking for someone who will come out to say they have won more than they have lost in gambling which i believe would be very rare. What I know is that, except you just want to have fun, there is nothing gambling can really help you with in life.
That's only temporary happiness, especially that you have winnings that probably you think you could make more money because you have won a lot, why not make more? And that's a mistake that everyone should learn. It could help by winning a lot but the side effects like getting addicted are still there.
Thanks a lot mate! And that is where the whole gambling journey starts and which is why a whole lot of people who gamble are prone to get addicted if they cannot control themselves, which is pretty hard to deal with mentally and psychologically unless you have just had your moments in the past that you do not want it to repeat itself again.

Like you said, when people win, they still want to come back to win more and when they lose they still want to come back to try their luck. That addiction is something that only self control can help overcome.
Self control would really be the main thing which a certain gambler can actually stop completely on the spot if they do want too.It does really depend on how strong is your self control or not but most people do really failed off on control theirselves which we can able to see the numbers of addicted gamblers than into those persons who do really have strong self control.
7485  Economy / Speculation / Re: Bitcoin sold out on: November 01, 2017, 03:07:40 PM
My dear,
tell me somebody what will happen to bitcoin, if Satoshi sell it his 5% that is more than a million units?
Whether it can ruin the market or not?
It wont actually ruin bitcoin market which would lead up on destroying it. 5% on the entire supply wont really be a strong reason for it to die easily but considering on those amounts of coins on the current price will surely give some serious price decrease but not to worry because there would be still lots of whales and investors will tend to buy back and accumulate cheap bitcoins.
7486  Economy / Gambling discussion / Re: Should I try to win back my loss? on: November 01, 2017, 02:29:36 PM
Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

Well that is correct. Because the more the players that wagers, that won't affect the house edge that the casino have. It still has 1% edge. So, it is safe to say that sometimes you get to win, sometimes you get to lose.
Yeah there must be understanding of this factor in the lives of traders and gamblers that there must be profit and there must be loss. Sometimes when you are lucky and in case of trading if you have put hard work and best efforts in the race, surely results will be on your side. Get easy with profit, loss and risk as well. Then I think you will not be in any difficulty and making better progress.


Its a different case chasing losses for trading and gambling. When you trade, there's a big chance that the next trade after a loss would ve successful because of the adjustments that you'll make. Adjustments doesn't really have that much weight in gambling
This is actually the advantage of trading since you can able to make adjustments after a loss which you cant really apply on gambling. Winning back your loss on those odds would really be hard.If you are really an impulsive gambler then you would really end up on playing again. Loss streaks cant really be stop once it hits you then expect for a loss that you would really hardly to chase up.
7487  Economy / Gambling discussion / Re: What if you can enjoy all the gambling on one site? on: November 01, 2017, 01:30:26 PM
Dice should be added in your list because a lot of bitcoin gambling site has them and you should have them too if you want your players to enjoy all types of gambling in your site. Good luck on your project I rarely see bitcoin casinos find any success with pvp gambling, some already did it before but failed to gain any wagers on to their site.
You are right. But we are not a target for pvp games. The goal is to allow a variety of gambling opportunities on one site.
Wish us luck. Thank You
Wish you luck and i do really love the idea but i do believe this project wont really be easy and would really spend off lots of money for sure considering that you are putting most games in the market as of now since you do mention all gambling games in one site and as being suggested Dice game would really be always present. For now its much better to think off unique games which cant really be found in the market.
7488  Other / Archival / Re: Which one is more risky? Skill-based gambling or trading? on: October 31, 2017, 04:32:15 PM
the two are risky but in gambling you cannot predict if you can win and base on my experience i always lose in gambling but in trading it might be risky but before you enter or doing trading first we can have survey if we can get more profit to it, we won't enter in trading that easy with out checking first right?and in trading there is a big chances to win than gambling.

There both are risks but the risks aren't really the same for the two. Gambling is more on ind risks while trading is more on the calculated side where your preparation and research can greatly affect the outcome.

Gambling is more on luck while trading is on skill and knowledge, they may be the same risky but there has their difference. If I will be choosing one, it will be obviously trading since I do not earn anything but regret and disappointment in gambling.
Come to think off that there are gambling games that do really need skills and knowledge like poker games and sports betting you would eventually need skills on this one but not to deny luck would really play a major role on such wins.When it comes to risk both have risk and trading turns out to be gambling if you dont have any idea at all.
7489  Economy / Gambling discussion / Re: How to quit Gambling for good? on: October 31, 2017, 03:07:12 PM
Depending on the willingness of gambler himself, if still considers gambling as a way of making money. He will continue to gamble despite having suffered numerous and repeated losings. Maybe a ploy to avoid gambling, that's by joining people who have activities in the field social so that we can see the real life reality. It's not about numbers and money.

I think the best thing is to start doing something else like you said, joining family or friends on some other activities other than gambling because it'
s a habit that needs to be replaced by another habit and so if you don't find a replacement somehow then you're likely to be tempted back into gambling.

You are right, but the thing is that it is very hard to find a substitution for gambling. Almost every activity looks like less appealing for a gambling addict. It should be something really exciting, like love, or like writing a song which can be loved by millions, or making a movie like Fight Club or The Matrix. It's really hard for a regular person to find such an activity.
If you are already addicted on gambling then things will really turn out to be different and not interesting at all compared on what you are doing on playing gambling.It wont really interest you out once addiction is already into yourself. Quitting on gambling would be a tough thing if you dont set your mind free on that kind of addiction.You are the only ones who can control your mind if you are not sensible enough then you will surely fail on quitting.
7490  Economy / Gambling discussion / Re: losing 50 bitcoins gambling on: October 31, 2017, 02:11:41 PM
If I was a mega high roller with millions in the bank, then I probably wouldn't care.

Whether you're a millionaire or not still 50 BTC is a lot for everyone when they lose it unless you become a millionaire without much hard work means by luck like winning money from gambling. If not. when people lose around 300K money they will surely worry it.

Yeah and with that huge amount for sure I can live my life extravagantly and will nothing to worry about my future.
and I can help many charitable institutions. For a rich person, when he lose that money it's like nothing to him, like okay that's just a money then call it a day. But for people who really mean every penny in his pocket will definitely go crazy if he lose that. I mean money can't just be pick everywhere that's why I gamble just a little for fun and not with my life.
50 bitcoins is really a huge amount but on my case i wont able to live on extravagant life and would still need to work for my future without relying too much on bitcoin holdings. Gamblers do have different bankroll and if someone do able to lose those precious 50 bitcoins then its his loss not ours but come to think off on the amount then i cant really afford to lose it on just on gambling games alone.
7491  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: October 31, 2017, 01:38:41 PM
It really depends on the type of gambling . but yes math can help us on winning gambling because using math you can analyze your earnings and lose in that thing you can know when to stop and add it on your strategy so you can make a good profit in gambling. without any greediness you can make a tons of money.
As you can read on OP math is being referred on the winning chance of the game you are taking. Maths can be used and made some analysis but it wont really guarantee you to make some winnings knowing that gambling games on those sites dont really have patterns but yet these kind of ways would really give some entertainment and enjoyment if you do hit up some winnings but im really sure that this ways doesnt really last long.

Like you told maths really don't give wins in gambling,but it will be very useful in some games like casinos.Remember that the fundamental mathematics behind all casino games involves the principles of the theory of probability, which concerns how likely or unlikely you are to reach a certain outcome in a given gambling circumstance. Also very important to take into consideration when working out how much to bet and when to bet, is whether the game in question involves independent or dependent events. Being aware of the expected value for any particular bet in any particular casino game is also an important part of an optimum strategy.
I got your point and you are definitely right on what you have said math fundamentals do somehow have usage on these kind of games which you can actually have the idea regarding on handling specially on your bankroll and betting behavior on such game. These values will really help you out do and much better than on betting completely random.
7492  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: October 31, 2017, 12:52:47 PM
Nothing seem to be comparable, bitcoin depend on a network, gold simply doesn't, gold exists from thousands of years, Gold at least is legalized by all governments. in other side, bitcoin is a digital currency that can be banned by countries in any day, since governments really don't understand it.
If we make a comparison in between holding of bitcoin and that of holding of gold, then we’ll observe this thing that holding of bitcoin is far more profitable and beneficial than that of holding of any other thing. Holding of gold is also a good thing but it cannot help you in making any fruitful profit. If you actually want to multiply the amount of money which you have, then you have to go for bitcoin.
When it comes on stability of prices then gold will be somehow have the edge because it doesnt move too big on ranges unlike on bitcoin which the profitability would really be small compared into bitcoin but yet this is far more stronger investment than on bitcoin since it does have a reserve which we can really presume that it wont crash easily.
7493  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: October 31, 2017, 12:18:16 PM
It really depends on the type of gambling . but yes math can help us on winning gambling because using math you can analyze your earnings and lose in that thing you can know when to stop and add it on your strategy so you can make a good profit in gambling. without any greediness you can make a tons of money.
As you can read on OP math is being referred on the winning chance of the game you are taking. Maths can be used and made some analysis but it wont really guarantee you to make some winnings knowing that gambling games on those sites dont really have patterns but yet these kind of ways would really give some entertainment and enjoyment if you do hit up some winnings but im really sure that this ways doesnt really last long.
7494  Economy / Gambling discussion / Re: Bitcoin Casino You've ACTUALLY WON? on: October 31, 2017, 01:23:57 AM
Someone post their experiences with casinos please, I'm a very hesitant when it comes to gambling yet alone ONLINE gambling but if I hear that some of these casinos actually pay out I might give it a try...
Most of us do really hesitant to play on sites which arent familiar off but there are lots of legit casino gambling sites online just like what you saw on my signature.Fortunejack is one of the most reputable gambling sites with various games that you can choose from depending on your interest. Regarding payout? Theres no problem on it as long you do play on reputable sites.Payouts wont really be an issue.
7495  Economy / Gambling discussion / Re: What did you buy for money won? on: October 30, 2017, 04:49:06 PM
I've won just a small amount of btc which is BTC.03 and what I do to it is I invested it in different altcoins. Buying is not always in my mind because I promised that I will just do that if I accumulated more than 10 btc.

Its a good win of 0.3 btc in today terms its almost 2000$ as the price has now moved above 6100$. Also your expectation of winning 10 btc is way too much you expect to win from the gambling hopefully you do not get addicted in winning those numbers else you may end on a very big loss.




I think it was just 0.03 BTC and  not 0.3 BTC like you put it and that's also quite huge by my standards and will definitely add such amount to my bitcoin stock without spending yet especially in this time of extreme volatility.

Yes 0.03 BTC is not a small amount today's rate it is a worth of $190. Suppose if you are staying out from the USA then it is a big amount for you. I don't know for others in my country this is the one month salary for a fresher.  I also won more than this BTC in gambling, but it was long back, now I don't have dared to put the high amount in gambling to win a big amount.

0.03 BTC is very big here in asia. With that amount I can even buy a phone, not a good one but still acceptable. I ever buy a new laptop from a money that I won from gambling, i'm really lucky on that day and hit my 5-leg parlay.
This is actually true on which 0.03 btc amount is already big in some asian countries knowing that the dollar rate was expensive then expect that exchange to bitcoin value to usd would really be high too which i can really justify that 0.03 would really be already a sufficient amount for you to buy some mobile phone.In my situation regarding on my winning i did already bought my own laptop.
7496  Economy / Gambling discussion / Re: can gambling give you lessons in life? on: October 29, 2017, 06:48:12 PM
yes it does give us life lessons it makes us understand how it feels to lose money , how to handle situations when you lose your money for any reason it helps us to understand the value for money and also doubling money is never the easy way go get a job is the solution for it
yeah you would have to think that your time are so valueable , and making money easily almost instant in gambling are not exist. it's just delusional , the fact about gambling itself are destructive , very few things you could take as a lesson. all you can see in gambling are greedy , lazy , and any other terrible things ever happened in your live and you never imagine about that.
You can gamble but it's better to have control you are blindly gambling the money you are getting daily won't help you at all you need to have patience and not rage , if you still getting a loss that means gambling isn't fit for you and you need to get a job

Lesson is don't gamble what you can't afford to lose, or what is not yours.
There is no one in this world who has nothing to lose whatever happens money is important for everyone you are just having that mindset of nothing to lose otherwise if you calculate alll the money you have lost till now could be of so many uses
This is why regrets do really comes after a loss which you would really think off on those money have been vanished on playing gambling.You would realize that those money would potentially be used on other important stuff than on gambling itself.You would realize that thing when you dont have already spare money on your pocket to use on.
7497  Economy / Gambling discussion / Re: Best strategy on Freebitco.in and Bitsler on: October 29, 2017, 05:16:25 PM
marti or averaging is the best strategy dice site

Martingale is one of the most popular and common strategies in the gambling world. I don't how many lost and won using that strategy still it is used by many gamblers today. I think there is another strategy that is common today but just a few gamblers can do it, the one win getaway. You know, when they won a jackpot they stop and walk out of casinos with their win.
Agree, this method is the most common being used by most gambler either on playing dice and other luck-based games. Best strategy? Theres none but pure luck knowing that freebitco.in hi-lo game and bitsler dice game do really rely on luck alone.Come to think off on some strategies might worked for a short period of time but later on it will bust you out which really proves that luck does matter in the end.
7498  Economy / Trading Discussion / Re: TRADING BOT on: October 29, 2017, 03:39:00 PM
There are these bots online that promises to make you a desired amount of profit within a specified amount of time, now I want to start trading with the help of trading bots or robots and I would like to know which has been extensively tested and has proven to be effective over time.

Thanks for your time
Dont believe on such thing.If trading bots are profitable then most of us are using it now and just sipping out some juice and let the bot work and viola easy profits. This thing isnt possible.They might be a helpful tool but you would still need supervision and the right set-up from its user.These things are only a tool not actually the ones that would make you money.
7499  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: October 29, 2017, 03:10:28 PM
Gambling and investing are two different things so it's hard to compare. Gambling is a game that usually depends on luck and most people do it for fun. Invest is business. It needs planning and budget. For me investing is my choice.

It is not that different to compare if we are comparing on which is the better investment tool to grow your wealth. As for gambling, it is definitely not cause the exchanged profit is always negative. As for investment, if you do the basic, the change of your investment can grow with a chance of 90%.
Grow of investment on 90% chance? I dont think so that this ratio would be accurate because not all people do really have the same ways on handling their investment.Some may succeed but for sure there would be failures but yet investment would really do give the chance to make money specially on longer terms if you do able to handle it well then it will surely pay off.
7500  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: October 29, 2017, 02:10:33 PM
Not at all - i earn my income with it.
It depend on what kind of gambling you play and how to.

I believe you. The fact that you actually are earning from it tells you that what you're doing is worth it and if it's beneficial then by all means continue to do it. Being ashamed or embarassed should only be applied to people who are not doing it right and are gambling way beyond their means to gamble
That's right we should not be ashamed if we are involve in gambling as long as we make fun on it or probably we just want to have a good profitable result for the benefits of our purpose. There are many successful professional gamblers now a days and in fact they were proud of it. For me the only things that we must be ashamed is when we are doing a wrongful act like stealing, downing someone for you to up and taking advantage on their weaknesses.
Shameful thing is that when other people see already that we are suffering or struggling too much on gambling effects like on financial problem and emotional/relationship to your family. This is really a shameful thing for other people to see on us but talking on the normal or casual days on playing gambling i dont see anything that it is shameful as long we do know to control ourselves.
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