They are regulating or simply shut down existing infrastructure and set up their own controllers.
China and South Korea have banned initial coin offerings, while Russian President Vladimir Putin has called for regulation of the sector.
Generally speaking they cant regulate or shut down cryptos knowing that it isnt possible for them to control but somehow they do other diversion which they do focus on the things that which those cryptos being used.Like on ICO and Exhchangers,government can really go through it since people would really need to comply on the things which government do ask.This is the only way they can able to regulate but not fully on controlling it. |
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I have never lost time involving into gambling, but lost good sum of money in gambling. People have difference in opinion, because some losing in gambling consider it to be an wasting of their time. I never consider it in similar manner, just spend on gambling and expect the outcome. The winning and losing doesn't have any correlation with time.
Very wise my friend! Gambling is a useless act. It does not really return anything beneficial. Above that, it wastes our precious time also. Time is money and we must spend that time in some more useful and productive task. I don't condemn gamblers but they must have limits for their own safety. I think there are no limits for gamblers. These are just story words. Actually every human is greedy, for money and for many other things. Particularly if money is concerned, then you can go to any level of rise and fall to get money. So is the case with gambling, you are so true, that gambling is just a useless act and it is all about wasting your energy and money. Maybe it is not right to say that every human is greedy for all individuals are created in such different way by attitude,characters and its view and vision towards life, like gamblers they all have different reason some take it for fun and pleasure and some are looking towards the profit of winning. I will support your stance because every human being is a masterpiece of God and we all are different for each other. Yeah but what you can say is that majority of the gamblers is greedy and they gamble just for money. They are not concerned about fun, they are main aim is to make maximum money in short time. Gambling is going to be fun for those who have more than enough money and want to spend it. That is their mistake. Gambling isn't a game to make profit, otherwise it would be a job, especially casino games. People see this like an opportunity to double, triple their money without effort and to continue doing it on a daily basis until they become rich. Gambling isn't a game to become rich, it's a game for rich people have fun... And it becomes worse when people are losing their work/school time to gamble, it can generate nasty consequences in real life. Gambling isnt really just for rich people even on us average joe could play gambling without any restrictions as long you do have money to play but those rich fellas do really have always the advantage since they do have the capacity to enjoy gambling because of their bankroll.Yes as an average gambler with limited funds we should really know how to treat gambling well and dont ever believe that you would able to make money on constant basis. |
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Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
I like your method. I have also been investing in 3 types of coin. But I recommend investing 50% in ethereum its too risky to invest all in of our money because we still need that money if in case we need to buy more amount if the coins is going down so we can add another amount. i am not suggesting to do this because if all the coins price is going down, we can not do anything and we can getting big loss. its better to have the quarter from the total money than go for all in so we can have another money and save it for later. Yes that is right to say that it is too much risky to invest all your money in one kind of business, Although bitcoin is a very safe ans trusted investment, but still we cannot be so much sure and clear about bitcoin price because no one can predict the price of bitcoin so easily. In fact it is too much important to invest your money in different places, so as to reduce the risk of losing your money in one time. Nothing is safe even on bitcoin and we do always know the risk behind it which anytime bitcoin would crash its price which would really lead up on total wreckage specially we did decide to put up all of our savings which i do agree on most people said here that this is a risky thing to do.If we do really mean on investment then dont focus on just one and diversification would always be suggested. |
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No, I'm not wasting time because of gambling. It seems to me that this is already a sign of dependence when a person can not stop and begins to lose precious time trying to win a large sum.
Yes me too I did not spend my time in gambling even though Im playing gamble I do manage my time to become worth it the money I earn in bitcoin.Its been so addicted if you wasting your time so much in gambling. To me very honestly it as very common for me and was just a routine but when i was very new in gambling, it was about 20 years ago. But when became more mature in gambling and start playing gambling with a schedule then i do not remember that such think ever happen again. In act now i play gambling at night when i become free from everything. Now i have a specific time and limit for playing gambling and i try my best to play gambling upto that limit and not to exceed it. When you do this before and you did already experience the consequence of it then for sure you would really learn a lesson for your entire life and you would realize that it is not good to tolerate such habit because it will really compromise the important things that should really be prioritize rather than on involving yourself on gambling. |
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Hi guys,
I have a serious question about the process of randomization in card shuffling in online poker.
Is there any solution for it to make it 100% transparent and verifiable and simple at the same time as well? Please share any innovative idea if you have any.
Yes it is. 1 - you have to "provable randomly" shuffle the cards. 2 - you have to prove the cards were handed out in that shuffled order. But you would have to find a really smart solution to make it "simple". Hi guys,
I have a serious question about the process of randomization in card shuffling in online poker.
Is there any solution for it to make it 100% transparent and verifiable and simple at the same time as well? Please share any innovative idea if you have any.
It's not even called a solution if you are going to make 100% transparency when playing online poker. I guess there's no use and it's not even an innovative idea. The idea of playing poker will be useless and for sure many will forget this game online if all the cards are transparent to each other, everyone will be folding their cards and will just quit the game later on because there's no use of playing it. I don't think you know how provably fair systems works. (sorry if Im wrong) The thing is you dont need to show cards to each other. All you need is to make sure " the cards order was given at game start and has not changed during the game".This can be achieved by using "hash functions". IMO by transparent he means: to be verifiable That's why I'm a bit disagree if online poker games need skills, because as we hope the system will get a good card because the player with the highest-ranked poker hand is the winner, so it is crucial to understand the correct poker hand rankings. Nope, not always player with high cards wins on the poker, Poker really needs strategy because bluff is famous trick on that game. You can win even if you have the lowest card among the player on the table as long as you know how to right betting strategy and bluff somebody. Poker is not a game of high cards only but also in mental aspects. This is the thing that do entertain me on playing poker which it is just not a simple game of cards which you would really need to use your skills,bluffings,intuitions,instincts and other related things that are essential in able to win the game and you are right even if you do have the lowest card if you do know how to control the pace by bluffing then you do have the advantage. |
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Any tricks available in gambling to won the bet?
Only trick I know is the one from sports betting where you do something called arbitrage betting. No matter what the outcome of the match you'll always end up winning or making profit. This is hard to pull off because some sportsbook don't allow these type of gamblers in their casino. Lastly there are promotions where you could join to increase your chances of winning bitcoin from gambling. Can anyone explain me about arbitrage betting.Is it a trick or skill? I do not think that there may be any legal trick, trough which we can increase our chances of winning the bet. Although there may be certain tricks, but i think we cannot called them as legal. People some time use trick which do not have any reality, but just a psychological satisfaction, for example to change your gambling place, or to change the amount for which you play gambling, but it think there is no such real value for these things in gambling. We just use them to make our self satisfaction. This kind of behavior on making our own ways that we do believe that might work on gambling results cant really be avoided and gamblers will normally do these things since we do have our own beliefs on our mind.Trick doesnt exist because if we do talk about trick then most of us will surely discover to be profitable and also there would be no gambling sites in the very first place if this would be the case. |
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Bitcoin is only one and the original there is no doubt at all, all others are just altcoins Bitcoin Cash, Bitcoin gold or whatever are they called. Original Bitcoin community doesn’t have problem with that and it’s clear which chain is the true one. Just don’t know what is all this mess about and so many Bitcoin related coins are totaly useless and after the first thrill they will become totaly worthless. Is it just me or there is somebody else who think that we need more order on the Bitcoin market?
Theres no actually in need of these new bitcoin forked coins which they are just really an another altcoin in the market which i cant see any difference of it among others.Questioning on whose gonna be the real bitcoin? Then theres no brainer to answer such question.The king would be always the king and yet bitcoin is already 7 years old.Why would compare into those new ones?? |
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When the site is called provably fair but no one can make sure that it is provably enough except they are expert or most people tell their experience for the site.
It is called provably fair because everyone can make sure that result/outcome is fair and site won't cheat you. Provably fair are made by human and there will be a chance for human error so just considering this before make a real deposit
Research provably fair gambling. There are no errors in it if you feel uncomfortable and if you think gambling site is somehow cheating and not giving you random seeds you can always change client seed and verify the result  Some people would be contented on doing such thing on just changing the seed but not actually knowing on what are the real purpose of those.This is infact a really story on most gamblers.Some are just joining others recommendations but not actually knowledgeable on what they are doing.Gambling site do have this kind of verification of bets is much better compared to those who havent. Changing seeds will probably going to change the outcome if you already know the outcome. Some gambling sites like online casinos has offered this to every player by showing of what is really happening. But i think there were some kind of AI who can manipulate the results if they know your betting habit through cookies in your browser. It's more like a changelog that's recording your every move you make. What are you talking here? AI can manipulate results? You are going off topic brother. If you do know about seed/hashes of such gambling site you would able to find out manipulating those random numbers isnt really easy.Might be possible but would takes time and effort for you to say such thing. |
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I talk to big economists they say Is only a Bubble my thought Is no bitcoin Is revolution of economy even doesnt have a background like gold the value Is power of the people what do you think?
Its not new anymore in my ears on where those economist would always target bitcoin and saying up things like this that it is a bubble.Most of them would really say such thing because bitcoin doesnt rely on something and its not being backed by something which when they saw up the price do rise up a lot they do already consider it as a bubble without even thinking that such price increase isnt being built by hype but just a pure support of the community. |
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We need money to survive our life, that is why we will go to work and earn money. If money would not be a problem then why should we think about other things we can just enjoy our life. But there are many rich people become a poor people because of this gambling addiction so we should have control over our emotions.
Nothing in this world would be on unlimited even on money too. We might say that we do have lots of money and we dont have any problems on it but knowing no matter how big it is it do still have limitation.You are not holding money just like on a deep well on where it does continue to supply you for your entire life.We do know on the fastest way on spending or even losing money is thru gambling.No matter how big amounts you do have once addiction hits you for sure sooner or later you would become poor again. |
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When the site is called provably fair but no one can make sure that it is provably enough except they are expert or most people tell their experience for the site.
It is called provably fair because everyone can make sure that result/outcome is fair and site won't cheat you. Provably fair are made by human and there will be a chance for human error so just considering this before make a real deposit
Research provably fair gambling. There are no errors in it if you feel uncomfortable and if you think gambling site is somehow cheating and not giving you random seeds you can always change client seed and verify the result Some people would be contented on doing such thing on just changing the seed but not actually knowing on what are the real purpose of those.This is infact a really story on most gamblers.Some are just joining others recommendations but not actually knowledgeable on what they are doing.Gambling site do have this kind of verification of bets is much better compared to those who havent. |
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Yeah I have learned a lot from my gambling mistakes and now that is the reason I have quit gambling as I am now aware that there is no shortcut to earn money and the money which I am loosing in gambling will never be recovered so its better to stay away from it.
Interesting that you quit gambling so easily, otherwise it is too much hard and difficult to quit gambling once you become addicted to gambling. I ha ve seen people who are addicted to gambling and are playing gambling for more than 30 years, although they want to stop playing gambling any more, but it is in fact not so easy. Some time they stop it, but they succeeded for few days only. Oh ho! It is very sad that people are that much addicted to gambling. Thirty years is a big time period and you cannot change your habit if it is been practiced for thirty years. Hats off to this guys who has easily get over this weakness of him otherwise people don’t stop gambling until and unless they lose their most precious possessions. We should start spreading awareness about the side effects of gambling. I grow up near a Cockpit Arena and I've seen same faces since I was a kid and up to till know goes in that Arena, I wonder how long they've been addicted to that kind of gambling but for sure its already long. It's obvious that they are already addicted in cockfighting and its becoming their routine to do it every Sunday and my father is one of them. He is so addicted to cockfighting that to the point he goes to another places just to join tournament and sometimes I would hear him saying that he lost this big amount of money. We all tried to tell him to slow down but I think no one can stop him from his madness. The owners of these sites or casinos are obviously very big guys and then we end up dishing out the little we have for them again for the sake of fun or profit or whatsoever we want to call it. Someone people always have this mindset that you can win all the time if you are careful, without realizing that we have all been careful once and if everyone had been careful and winning all the time, a lot of those sites would have closed down the site by now. If we do play gambling we are really indeed careful even on our first bets which we do normally think off that we can really make good money on the site but those expectations are really destined to be broken for sure since we do know gambling on long term basis would end up always on negative profits.If you are lucky enough then you might gain some but dont expect to be big. Mistakes will only be realized after we do experience such consequence. |
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Experience helps us make a better money management plan and limit ourselves with the spending. Another thing the continued involvement will help us make better analysis about the events and and make closer predictions. Altogether experience plays 50% while the rest happens on the luck one holds.
I will agree on this. In trading and investments there are skills and experience that matters mostly. You have to make decisions and you will be sticking to them throughout your way. So either you win or you learn. And this learning will help you to take better decisions. But when you talk about gambling, believe me there is only luck. Luck is dominant over experience. It is crystal clear that gambling is same that is fully dependent on luck and without a good luck, you cannot win even a single penny in gambling. As far as experience and skills are concerned, their role is zero in gambling. Your gambling experience can never help you in winning the game or quitting it on the right time whereas everything is opposite in trading. Trading is not evil or immoral at all like gambling. 0 role on gambling? I dont think so. Come to think off on playing sports betting and some card games. Those games do require good skills and experience for you to take the edge among other players. This is why i do believe this thing do really matter on gambling but yet applicable on some games which do require it but for dice and slot games then this things isnt really need at all. |
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You should learn from your mistake that gambling is not profitable method. The auto bet will make you go bust because the house edge is there which will make you lose everything. In the long run it is the casino owners who make a profit and that is why running a casino is very profitable.
i agree all gambler should learn from their mistalk. gambling is not profitable it is very risky because all gambling sites has house edge only developers can win that games. you should stop gambling if you cant take the risk. Before you start gambling you should know that gambling is not for making money but you need to spend money to get fun and entertainment from these games. If one understands this point then they know how much they need to spend on gambling and will not worry much even though they lose some money in gambling. Luck is very important to earn money from gambling. Luck does always matter in gambling and just like what you said we should really spend on the money that we can afford to lose up so that we wont really be stressed out if we do lose up those amounts.Losing not only on freebitco.in but on all gambling sites will really make you pissed specially when you are longing for profits always on playing gambling. |
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Personally, I like Electric money or Digital currency. Because electric money is so safe and flexible. I love Bitcoin too. Bitcoin is the most secure and safest currency all around the world. But unfortunately, Bitcoin is not legal in our country. For that reason, we can't use Bitcoin freely.
We do really love bitcoin but yet it does really have the limitation which is really sad to think off that we can spend or make use of it since its not still being considered worldwide for which we cant use it directly but yet we do still have the hopes for this thing to happen.Electronic money would surely happen if government would decide to convert into this new way monetary system but complete conversion would really takes time. |
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Deposit 0.1 btc set chance to 2x and bet all on high or low. If you get green then congrats you won 0.1 in just few seconds. Otherwise you will loose all of your deposit money.
This kind of gambling is nothing but wasting your hard earned money because you know that these end results depend only on luck then why you want to bet such a high amount which you don't know whether you will win or not? In this world, no easy money and one should work hard to earn money but if you choose an easy way to earn money then you will be risking your hard earned money. gambling with your luck and take this 50/50 chances i guess its just a wast of your money, if you got the green then for sure you will continue then loses it back and after losing your money you will just stress yourself and think about your mistake for maybe a week or two. There is no thing like 50/50 chance in gambling game because there is always house edge that support each casino. That is why in a long term we will always lose but if we can outcome it then the result will be different. But in this case if OP want to earn 0.1 btc then may be 1 btc on 90% winning chance is the best options and he wont continue it for sure because his target is achieved That's not the best option to earn 0.1btc IMO, there is still 10% chance to lose and you can lose 1btc on your first bet which is not worth to risk 1btc only for 0.1 unless you are ready to lose and you have some other extra btc to recover in case you lose your first bet. I would prefer to bet 0.1btc with 2x payout if I want to do 1 bet only. Double or nothing, if lucky then I win 0.1 , otherwise I will only lose 0.1 then go. Then i would definitely rather choose up on betting 2x multiplier rather than on 90% chance odds.Single bet on 1 btc amount would really give me the pressure to do such thing unlike on betting gradually on 0.1 btc on 2x multiplier would somehow to make the game longer compared on one time 1 btc bet. 2x odds would be good for me and incase of loss you would only lose up 0.1 rather than on 1 btc on 90% chances. |
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What OP is sharing is likely just a coincidence, and will not consistently happen in any more of his games. Gambling is all about luck and there is indeed a possibility that this would happen, but to get it consistently is not possible. If it is something constant then a lot of people would have abused it and bankrupted a lot of casinos. But it has not happened. It is the players losing and not the casinos. This is just indeed a pure coincidence and i am really sure that there are already some people do make use on this kind of method too on using the same stuff on what OP was doing on placing his bets but same as you said this thing wont really be an exploit to the site knowing all results are random theres no patter or any flaws on what would be the results on each hash. |
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We all can lose in gambling and lose our money but shall we stop or try to win back what we lost ?
I know no one like lose of money, but in gambling we usually every day get lose if we play it regularly. But in this situation if we want to recover our lose then we get more lose. May be you are not agree with me but it is my experience, whenever i want to try to recover my lose i got more lose. That's why whenever i get lose then i forget it and start my next bet with a new hope. So i aware you we could stop and win only if we have luck but no chance to recover the lose except luck wise you could. This kind of habit or treatment on gambling would do but yet you are still hoping for your new bet which still can be considered that you do still always aiming for profit.Its much better not too hope but rather do enjoy on what you do play without minding those amounts if they would able to win or not as long we did enjoy on what we are doing then it should really be fine. |
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I think the best way is to travel a while and you must have a good psychology before returning to the trading, this will help you have a better spirit and you will be easy to earn good profit and I always apply this and have made a lot of profit
We have different ways in dealing with our loss but what is necessary only is to learn from our mistakes and make sure we will not do the same mistake again. That's why we are trading because we want to be profitable in trading but success does not come easily, when we are newbie we are prone to mistakes but with our willingness to improve we can be successful in the long run. Right. We might loss some of our investment but we should remember that we gain also something and that is the lesson we have learned. You'll end getting smarter and smarter when you invest means more profit with less losses. This is why we should really treat those loses are just fees you paid for the lesson you would learn.This is on how i do treat my loses so that i wont stress out too much on losing money.Acceptance on your loss is the best part on here because this things will really mold you to be a better trader later on.Ive seen some people do easily give up when they did commit lose of funds. |
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How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping. In the event that I lost 50 bitcoins in a gamble, then I would inevitably be depressed and reflect on my actions as an individual with priorities. That is primarily the reason why gambling has the potential in destroying your life when it comes to decision making. It creates this endless illusion of you betting and betting again regardless of your winnings or losings. Gambling can never be profitable in the long-run and that link is the living example of it especially when YOU DO NOT KNOW WHEN AND HOW TO STOP gambling. Can you imagine losing something close to 300k dollars in a few hours? I will be devastated, that amount of money is enough in my country to buy several properties, and if you hold for a long time and the price of bitcoin becomes higher that could be enough to retire and never have to work again. Only rich people can gamble so much money like that in few hours and if it's a rich person there is much more money besides the 50 BTCs lost on gambling game. So I think this person wouldn't become mad about it... Probably this person would recover the 50 BTCs really fast with investments or income from any kind of rentable business. We think this is extreme because we don't have much money on our pockets like these big gamblers.  But how rich you need to be to be able to lose 50BTC and not regret even if someone had like 1000BTC losing 50 BTC is still 5% of your whole net worth and that is always going to hurt no matter who you are, so unless that person is a whale then he felt that loss. Yes, but what if he had 100000 bitcoins? Then 50 is meaningless to him even though it is lots of money, and when you see whale gambling with large amount of money(recently i saw 70 btc or something like that in single bet) it can only mean that they are sitting on bags full of bitcoins. And to be honest that is nothing compared to Laszlo's 10000 bitcoin worth pizza. But even if someone is siting in that many coins you cannot sustain a gambling habit like that, if what you said is true then it is impossible for this person to keep holding his original stash of bitcoin at some point even bets of that size are going to begin to hit the size of his bankroll. Even you have thousands of bitcoins and if you betting style would retain on that size then those small amounts will pile up until it would become big and you will be shocked later on that you are losing too much big amount and end up on regretting.If you do have millions of bitcoin then it is still not fine to waste up your money on those kind big bets if we do equate it on the recent price of bitcoin. |
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