Many times so far it turned out that holding Bitcoins long time is smart decision and current price confirms that. Users who were patient enough have profited now.
Bitcoin market changes, has ups and downs but it's important not to fall for feelings every time but keep the cool head and make good decisions.
A true long term trader doesn't care about the current problems or even the high price because he knows that the price will go even higher after few years and that is when he will go selling if the price doubled or tripled the current price now. Long term is the best way to make profit in bitcoin especially if you buy a lot of bitcoins now and then sell it after 4-5 years. depend on this situation, i am sure that long term trader will have big profit in their wallet because i think they buy bitcoin from cheap price and now when they see the price is increase, they will be happy and have a big smile, they will talk to other people that holding bitcoin for a long term is the best thing that we can do. i am sure that in out there, many people is holding their bitcoin from a long time ago and they have much of bitcoin in their wallet and they are waiting good price like now to sell the bitcoin. I'm sure they don't think that way, they can make good profit but they will not share their formula to be profitable. They think that it's better to keep it themselves so they can abuse it and they will be richer as bitcoin is existing. People who can afford to invest a good amount of capital but not a big risk takers will not get the best profit in trading, this is the place for risk takers. |
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Bitcoin is a store of value because it can operate without government.
Money don't.
That is the base of bitcoin as we could control our asset and not someone else and that is the main difference between the two .You can control your money if your asset is in digital form and you really cannot have full control over your assets if it is controlled by any centralized government. We can also control because that is our money after all, but the control in bitcoin is different since we will not only control it in full we can also hide that we have something since we do not need to comply with the KYC of the government. In banks when we deposit, we need to fill up a form and attach document to prove our identity and that information can be shared by government agencies which might give us problem in the future. |
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Don't worry, it won't happen either way. It's already declining rather fast.
The best way is not to look at price at all, but at the number of transactions, that's what determines success imho.
This is the best statement so far, let's not get trick by the price movement and just like what experts said, we should see the volume of adoption than the current price movement. If the volume does commensurate with the price movement then it means we are going to the moon again. |
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When 1 bitcoin becomes $1000000.  Wow 1 bitcoin becomes $1000000 I think it is not happen even if after 100 years or 1000 years. That amount is so very very big. I think bitcoin hit $10,000 is possible but 20-50 years from now . I plan to sell my all bitcoin when the price reach at $1500-$2000 to make a lot of profit from it. And I want to back the price at $1000 and then I buy more bitcoin and wait again until the price increase. If I wait that price of bitcoin "1Million dollars I think " On that Day Im dead and my grandchildren will see the price of bitcoin but If the bitcoin price will hit that like amount is very big impossible . I think he is just trolling that price is possible but i take a long time for that and we didn't know what will happen before it hits that price. $1000 is good price to buy but i am hoping lower than that price .  my plan is to sell everday as much as i see a bug fluctuation that i can make even small amounts of profits . Having a eise decisions for now i don't plan to wait only if there is a chance for me to take advantage and follow its price. Selling for a profit is good but this time we need to take advantage of the situation, we see that the price is rising so maybe we should take time to wait before selling. Me, I make it a point that by the time I sell, I will be able to cash out big as this kind of price increase does not happen all the time. |
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How does one Put down Gambling for good?
try to make yourself busy with other things that would keep you distracted, So that you could stay away from gambling or stay with your family and friends. Earnest intention to quit is the most important thing when we wanted to leave gambling. Doing other stuffs and keep busy on it will help us to gain our intention. That's the best advice but let's see how a gambler would react on it, there are a lot of good advises to quit but it is still important that addicted gamblers should follow it. It's a process that he needs to do consistently, words are useless if we cannot take it into action which I believe the hardest part. |
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Small betting amounts is preferred as I cannot afford or borrow through lending services after losing a big amount in a single shot. Several incidents I've felt that if I've placed a big amount I could have won big, but everyone doesn't get the possible coolness to risk big.
Of course, by saying small amount that means it will not affect us so much every time we lose and close definition is, it is just a little portion of our income. It's better to bet small amount as that will represent you are only doing gambling for fun and will not make you rage when you lose. Losing is already a big part of our experience in gambling but what makes us still doing it is we have to be more matured and accept it easily. That is really true. But in reality, it is also more fun and entertaining to gamble with big amount of bankroll - but this is really risky though, better gamble only a portion of your money that you can really afford to lose. As long as you can afford it, the fun is always there, but the bigger you bankroll is, it will make you nervous with your bets since you cannot take away the fear of losing. Making ourselves very positive will encourage us to bet more but we cannot erase the reality that we can lose also. |
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- I can only say the future of Bitcoin is extremely unpredictable. Now, Bitcoin is like a storm, it is gradually going the pinnacle and become the King of the virtual currency, prices are rising quickly. But, I feel this is a huge problem because rapid increase make it become unstable, if continued, it will collapse. Price as a bubble, if the strain it will explode. However, in my opinion Government will soon accept and control it, the future of it will be developed, it can replace paper money became common currency of the world
Perhaps we wait for good prospects for bitcoin only when the bitcoin mining is coming to an end. Here are just a count at least approximately does not seem possible time. Still need to take into account the loss of bitcoin and their keys. That's a good move although it's still a long time that we need to wait before we can find the answer we need, right now is the time to invest because if you believe that bitcoin will be the future and possibly replace paper money then expect the price might be x10 or more with the current price. We have our own speculation and therefore we should put our money based on what we think it will happen, it's time to gamble now. |
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No I am not rich yet from gambling but I am hoping I will hit the lottery jackpot so that I will be rich from gambling. I doubt I can rich just by sportsbetting or playing dice or poker. I have a very low bankroll and all I need is the lottery Jackpot for the millionaire thing.
There is really no wrong in wishing to win in the lottery - it is fine. However, your chances of winning in sportsbetting, dice, and playing poker, is more than winning in the lottery. That's normal because you can't win as big as the reward in the lottery, actually you can also make your sports betting as lottery likes by doing a many legs parlay that would give a payout which will satisfy you. The more legs to put in a parlay would mean the chances of winning is lessen while the reward is getting higher, it's up to you but it's more fun to do it in sports as you can analyze it prior. |
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I will say gambling is risking money to earn more money or risking money to lose money with a prepared mind of accepting whatever outcome that may come your way.
That's not in our mind if we do gambling, we love to play because we want to win and we will only enjoy if we will win. Though most of the time we lose, but still we need to be very positive so luck will come and will give us an opportunity to win. Losing is already given but there is no challenge if we think we will lose every time we gamble. |
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I don't believe in anything like that. All I know is when you are lucky ,then you are lucky, and you can't tell that before it happens but after. Usually I can see those fortune tellers telling you things that you want to hear and warn you on things that you are already afraid of. It's like guessing the next thing that would happen on a movie according to what you see in other.
to me i personally believe on my luck, luck is an important part of our life. to me i as hard work and struggle is important for our luck but still i think without luck we cannot succeeded. in our practical life we can see that some good luck people are the owner big companies where more skillful and experienced people are working. They are indeed lucky but they combined their luck with a hardwork. That is why they have reached that point. You won't be successful if you just rely on your luck. If you work hard but still not achieved what you want then there might be something missing from you. IMO as long as i can give my family what they deserve i can call myself successful. I don't need to own some big companies. Keep it up and your principle is right as long we are not losing and still could able to sustain the needs of our family then we should keep moving forward since we do all know we can make money on that way. Luck wont work anytime and as you said it does also require some hardwork. Family is our first priority, therefore before we gamble we should have a budget strictly for the needs of the family and while we are on our journey, we should not be tempted to spend the money not intended in gambling anymore if we run out of money. Other gamblers are tempted to spend the money they cannot afford to lose and that is one of the reason why the family relationship were ruined. |
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Have you ever tested the provably fair system before depositing your money there?
I make a habit of always reviewing and verifying games when I play on someone else's site. I'm pretty cool with losing money, but I want to be damn sure it was bad luck and not me being cheated.
That what my point is. I mean how many of us really test the site for being probably fair. Some newbies in gambling like me never thought that casinos or dice sites can really cheat and still standing in online industry after getting caught. And most of us think that if it's running from those many years then it must be a fair site. Well, for me I really do not spend time checking by myself if the system is provably fair or not because I do not have the idea how to check it, I only play dice with a very minimum amount and do it just for fun. My method to determine is just by observing the bettors, if I see there is a big bets coming in and big traffic, that would already prove my doubt that this site is provably fair. My thinking is if big rollers trust them, why can't I. |
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Betting/sports betting have little risk than gambling but you may have to wait for few hours till you can see the result/outcome from your bet in sports betting. Gambling is riskier but in short period of time you can multiply your bankroll if you turn out to be lucky. Sports betting is better for those who have in depth knowledge about games and gambling is good for the one who like to get instant result and multiply their coins in one roll. Betting or gambling is both risky and how can you determine and identify that they are actually different? For me they are just the same and it's up to you on how you are going to say what is the best / better. Whatever you do as long as you are betting your money or gambling it for real, it's actually the same guys. Its actually the same and im confused why people do really compare this thing and until now they keep asking on this matter and this topic is already been discussed before as far as I remember. You will need to bet for you to able to gamble and which means its part of gambling. maybe the same thing between gambling and betting is both using money to place a bet, but its different games that we can play. gambling is something that we can play without doing much of setting and betting is something that we should make some analysis to place a bet. and the other thing is in betting we should know about the team and we have to make good analysis to win the games. Regardless on how you think, that is all gambling. We bet because we are gambling and that involves money in order to gamble. We have different interest in games in gambling but we have the same purpose, which is to have fun and make money at the same time. But as what we have experience, that is not easy to achieve as we stay we are getting more fun but the amount we spent was accumulated into a bigger loses already. |
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Well that is true that it is public, but we can always use methods that would hide our activities so that we cannot be traced. First is always use a freshly generated address to received the bitcoins then use a mixer to send it to elsewhere. That will make it look clean. The problem though, is cashing it out. Laundering is not easy as just mixing coins.
Hiding is hard when we know the government will always intervene in bitcoin, with the use of bitcoin mixer they say it is possible to hide our transactions but I have not tried it once since I do not do shady things. Maybe if gambling will be declared illegal in our country I'll try it since I know the penalty is not that serious though. |
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The centralized Bank of Canada has went forward and made the bold claim that "Digital Currencies Will Not Be Safe Without Government Intervention" and they feel that without government intervention / support none of these cryptocurrencies such as bitcoin will be able to thrive and be used. The claim does make sense in the fact that governments will be the only people that can fully allow a currency to be adopted without an issue. What are your thoughts on Bitcoin needing government intervention / centralization to survive? Article - https://news.bitcoin.com/digital-currencies-need-government-intervention-bank-canada/That's not new, any invention that brings full freedom to the humanity will always interest the government, they will surely intervene with bitcoin and use the issues of money laundering to control us. What we can do now is just to follow what government mandates us to do, we are citizens of this world and we have no choice but to be a law abiding citizen. They think that we too much freedom will cause chaos, they nee to control as they are alarm with our rapid increase of adoption or the price. |
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It would be safer if you will just withdraw your money in your bank and deposit that funds to another account or the account where you will pay the bitcoins you buy. There is always a trail if you will directly transact from your bank account and that is not safe for you if you are doing it for some shady activities, money laundering can be trace easily when we use banks to transact, bear that in mind.
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Voted 25-35. I see there are more voters belongs to 18-25 age range. Well, I guess young people nowadays are really into technology and they are very aggressive, good thing that at early age they already discover bitcoin which is a great technology that has a good potential in the future.
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Did you use a free VPN when playing on FJ? If you use a free VPN then the IP might be used by other person and you are suspected to have multi accounts. Indeed FJ should give you more proofs about which accounts is connected with yours, but to be honest I dont think that FJ will scam their players just for that small amount of coins.
its make sense if dustboy said this because the VPN is use by many people and i have this experience too but in other section. the sites don't care about this and all they are know is we are make mistake so they close our account as soon as possible. i think you can trying to contact the support system again and tell that you are not using VPN and you only have one account and if they suspected that you use multi account, then you can asked the proofs. i hope you can solve this problem bro. Reputation is very important to any gambling site and I believe the amount involved is not big enough for FortuneJack not to pay it, I'ms sure they are making great money daily and there is a reason why they last in the business for long, just comply with their requirements if they will ask you to and if they choose to forfeit your winnings and lock your account due to violation of rules, there is nothing you can do about it. |
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my favorite game is roulette game we can place some bet at once, at some colours and some numbers
and special thing is when i hit green colour or number 0 i can win with huge amount so funny
Roulette is nice but i don't really want to play on this i had many gambling site where i can play roulette i only play this game once i had some free roles bonuses and other, sometimes i hit that 0 number but its just a freeroll so nothing happens hahaha i just wasted my time there i actually play dice game this is where my gut connected. Games with house edge like roulette and dice are good only for fun if you are willing to take bigger risk, they are popular only due to some are saying they have won profit in short term but they are very unfair since they only share their winning experience. For me, sports betting is a very good game because you can apply your skills and you have a good chance to win. |
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I am a proud Filipino citizen and I am glad that we are really adopting this crypto currency ,
And we are supporting it hope that we could use our bitcoin to buy in some supermarkets .
Good to know that your country is starting to adopt bitcoin now. And since it was started to publicize by the bank for sure it will be going be open to some other store out there to try the service given by bitcoin. And so we are hoping that too that someday other country will accept bitcoin as your country does. Yes, I agree - it's a big step to a brighter future. Thanks to Bitcoin, the Philippines people will be able to keep their money safe Happy for the philippines. Bitcoin development in Philippines looks quite positive, Japan is also the case, the use of bitcoin has increased significantly in japan. Most people are aware of how bitcoin has a positive impact on the local economy. Well, this is a very good start for a bright future, imagine if small countries like Philippines will also acknowledge bitcoins in their country, it will have a great effect for the bitcoin economy as a whole. With the acknowledgement of the government, people will be aware that it is a legitimate payment processor and their funds will not be compromise. |
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trading, is one way to make money with money, and it can provide many benefits. You can also make money by investing money in a way, but it's enough to make you wait. but, everything you do has a risk, and trading is a way that has the greatest risk.
Well, it wouldn't be popular if traders are not making money on it. It's good for those who wants to take risk in order to get greater returns, it's risky but it's part of it so you need to learn how to mitigate the risk to succeed. With a huge number of crypto currencies here, you have a variety of choices to focus in, yeah, it's important since knowledge and skills will lead you to success. |
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