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7541  Economy / Gambling discussion / Re: What did you buy for money won? on: October 19, 2017, 11:45:19 AM
Money from gambling sometimes not big because my funds to play not big too
So i am spent it only to buy some cheap goods like ciggarette then go to coffe shop
And buy a cup of favorite coffe or play it back to gambling and want to win more
Wow I think your not contented with the money you win, you wants more it is sounds of greediness. However it's up to you, because you can make your own decisions. For me I think if I win in the game, I used it also for fun like watching movies together with my family, playing and bonding with my kiddos in park or out of town. I do this because I don't want to buy any stuffs using gambling money.
keep getting a win won't last forever , to spend it for something like a temporary pleasure i think it wasn't a wise idea. you have to think about long term resolution , something that could help you in the future in case you are failed in gambling ( which i think high chance for anyone to suffering due gambling habit ) . be wise to spend your winning , before you regretful later.
There's never an assurance that you could win all the time because the chances are you're going to have a win all the time is very slim. If you are just aiming for a certain amount to win and achieved it, automatically you should stop because if you don't, that could lead to the loss of your profits.
indeed everyone knows that gambling would always ended up with loss , but they keep ignoring about that fact as the greedy in themselves always beat your own logic. people prefer to keep playing with the amount that they have won repeatedly rather than allocate it for something like a future investment. i wouldn't expect to always win but when i got it i would do invest it.
People have different minds and we do have different decisions when it comes on spending their winnings this is why we cant really blame them since its their own money and they can do whatever they want.If they would decide to buy it something or invest into more important thing or to spend it again to play gambling because we do seek for more profits.
7542  Economy / Gambling discussion / Re: Does bitcoin's price volatility affect your gambling habits? on: October 19, 2017, 02:38:59 AM
yes price volatility affects the gambling habits because if price is volatile and it comes to the down fall there will be a fear of losing money and that will stop further gambling. its up to the experience and luck of the gambler to win more and they habitually doing this gambling without any fear.they just do gambling.

Well I gamble a particular amount in bitcoins and not the fiat equivalent of Bitcoin so often times I'm not affected by the volatility that much because whether the prices go up or down I maintain my consistent stake of 0.0005 BTC per bet.
But I do change my fiat into bitcoin for playing gambling, therefore it really matter me when there is change in the price of bitcoin. because I play gambling uipto a limit and therefore I first do the calculation and after that I convert the limited amount into bitcoin for playing gambling.

I do this as well. Since I always convert my fiat to bitcoins whenever I am gambling, then I always convert it in my mind whenever I place every bet. So this ends up to be that I am gambling with its fiat equivalent. I don't really gamble as much but whenever I do, I just set a limit like $1 per bet is the max I will do. I've stuck with this and really just keep doing it and not really losing a lot.
Basing with fiat equivalent is the most common thing i do when i play gambling because i dont really tend to use fix bitcoin amount knowing price might rise anytime which it would really change the local fiat equivalent and im not too brave on risking huge amounts on gambling and i would rather use it on other important thing than no playing gambling.I can play but only on spare bitcoins and on spare time.
7543  Economy / Gambling / Re: losing from freebitco.in on: October 18, 2017, 11:09:29 PM
I had lost .035 bitcoin before while gambling on this site. Freebitco.in has a very high house edge compare to other gambling sites which makes it to be somewhat not the ideal site to gamble on. Even my losses on this site are a bit higher than my gains.
No one can understand gambling and bitcoin and the reality if these that’s why they hate gambling and also bitcoin which only exists to help that people and they give them what they want but these people will not understand and one day when they understand then they will feel sad and then the time will  so far from them to reverse etc my answer is only that bitco.in is not a losing site it should have some benefits that’s why this exists.

What do you mean by benefits and to whom?

You mean to gamblers got some benefits that's why the site is still around? If yes then real reason is they are one of the oldest faucet sites and always pay people on time so many people trust that site and visit. But their hi-low game got high house edge so you should try to avoid playing that game.
Trying to say that avoiding their high-lo game is common being said by some people and yes they do really have high house-edge which i do believe its really hard to win or have some profits in the end of the day but yet there are still lots of people who do play on that one.I dont know whats the reason but it is just actually like a dice game after all but yet they do have lottery though which would add up the hype. Grin Losing is normal and nothing to be shocked off.
7544  Economy / Economics / Re: How much money do you have left from your job? on: October 18, 2017, 04:06:21 PM
i got $300/month so it is $3600/year
I am still ok with that salary, i can still live in this country
Everyday still have food

If you are grateful what are you get, all will feel good

What country? I will move there


In my country my salary is only in minimum wage and  it is only enough for me nothing more nothing less and if i get sick and will be absent from my work my salary will not be enough.i think its only 10 dollars left in my money and i need to spend it carefully so that i can survive until the next payday.

I live in the city with the costs that are not too expensive. I also only get about $200-300/month but I feel enough with the salary I got.
but bitcoin as a side job has made me gain a lot of money. so I resign from my job. because I can earn $1000/month of bitcoin.
This is another possibility, since bitcoin allows you to earn money no matter where you are then a good strategy is to move out of where you live if it is too expensive, that way your money is going to be able to buy more things thanks to cheaper prices of the new place where you choose to live, there are stories of people that even move out of their home countries in order to do that.
This is indeed possible on which a certain bitcoin holder or even just a fiat holder would really decide to go on other country which they saw that the value of their current fiat holdings is more than on the amount that they can able to gain on their own country home.This kind of situation is really the reality thats why other people do tend to go and live on those places which they can really make the advantage on spending those money even more and having a extravagant life.
7545  Economy / Gambling discussion / Re: Why I suddenly decided to leave gambling alone. on: October 18, 2017, 02:48:24 PM
If you do really value your money then most likely you would really have doubts anytime on spending too much money on gambling which would really make you limit on the funds that you would use which is really a good thing because it would really limit you to be come addicted on gambling. Leaving it would really be hard specially if addiction did hit you already.
That's the thing, you are already addicted and have a habit of gambling then you should know that it wouldn't help you in any case. It would just eat your money and it wouldn't come back unless you have thought about gambling again causing more destruction with your wallet.
Most gamblers would only realize things when they are already facing the consequences given by such addiction. We do only realize if we dont have money in our pockets to bet on already and if you dont like to experience such thing then dont let yourself come into this point. Leaving gambling or play on casual is the best thing to do to lessen the risk on getting addicted on it.
7546  Economy / Gambling discussion / Re: Does experience matter in gambling? on: October 18, 2017, 01:39:52 PM
Experience helps, but being experienced doesn't mean you are a winning player. I know a lot of people, who are well experienced, but fail to win anything long-term.

My Top5 for becoming a winning player (I am talking sportsbetting and Poker, the rest are losing games anyway):

- Understanding the concept of value
- Follow strict moneymanagement
- Specialising on a certain/league/game
- Having the right mindset, motivation, dedication
- Never stop learning, these are fast moving markets

If you can prove that this winning strategy is going to work then alot of people will follow your way. Either way anyone is free to express their opinion but I think that it is useless to play for profit with all those effort we are still going to lose. That is why the best method is to play for fun so that we dont really have to worry about winning or losing anymore

Everybody can prove it to himself by just strictly following the points mentioned. I know a few people who gamble (I wouldn't call it gambling, but lets leave it as that for this discussion) for a living, they all follow these rules. Problem is, most people are not able to follow them. They fail for various reasons, but most are not able to get #1 and #2 right, which are the most important ones.

Do you understand the concept of value ?
I agree that gambling is unpredictable, and maybe the best thing to rely is the strategy and if you are an experienced gambler then that all matters in gambling.
Experience would really matter if you do play on some gambling games which do majorly needs it like on sports betting and card games. Experience can really be applied either on how you do play regarding on your habit when it comes on betting style and bankroll management and handling such situations either on lossing or on winning side.
7547  Economy / Trading Discussion / Re: How do you deal with loss? on: October 18, 2017, 10:22:19 AM
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

If I will continue to wait until the exchange rate reaches the highest rating because we play the trading goal to get the profit as big as possible instead of the added loss. The most important need patience in achieving success later.
Patience would really give a big role on trading which it is the most common thing should really be on ourselves but not all the times because there are instances that we should really need to cut loss.Thats why i dont see anytime that panic selling is a bad stuff knowing there are dumping of coins which can be considered to go into its own death.
This is actually true since i have done this stuff already when i tend to panic and sell the coins i do have to prevent more loss and later on i found out that i did make the right thing since i have seen the coin have been dumped hard reaching out 1 sat. Grin Dealing with a loss will really be hard specially when you are a newbie.Stressing yourself even more which would lead up for you to make more mistakes since you would make wrong decisions further on.
7548  Economy / Gambling discussion / Re: How do you know when to stop? on: October 18, 2017, 09:47:00 AM
When do you stop? Do you have a daily limit or something?

Thisi is fighting for your self. You have to have a self descipline and goal oriented to know your limitations otherwise you will lose. 
You would really be fighting yourself if you do have gambling addiction which you would really have a hard time on stopping anytime if youd like to.This thing is the most common problem among gamblers which we really dont know how to stop either on wins or loses.If you do have the self control  then this thing wont really be a problem for you after all.
7549  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: October 18, 2017, 09:05:05 AM
hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin
i get losses more. and I think gambling is wrong because I lost a lot of money. if a lot gets a win, and gets a lot of money, then gambling is good and not wrong.
Your reasoning is really like childish. Lose= wrong, Win=Good? Thats not how gambling works and should be treated at all. Gambling isnt really wrong at all as long you do treat it as an entertainment rather than on making it as a source of income.When things are already messing up because of gambling then its the time thats considered wrong already.
7550  Economy / Gambling discussion / Re: Why Is Bitcoin Gambling Industry So Successful in the World? on: October 16, 2017, 05:35:24 PM
Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.

True, gambling is already a well known business long before bitcoin itself was born. Bitcoin offers more reliable ways to do gamble especially for those who intend to hide their identity in this matter. With the features that bitcoin gave, people feels more secure when comes to gambling compared if they play it with fiat. That is one of  the reason why gambling using bitcoin is so successful.
This is one of the reason why gambling with bitcoin becomes popular because of the things that it does give into particular gambler and it is indeed true that most of us dont really like to show up our identity into those sites which do really require such informations back in the past when we do play tradition fiat gambling which we dont have any choice but to follow on what they are requiring for us to enable to play.
7551  Economy / Gambling discussion / Re: Do small investments make sense? on: October 16, 2017, 04:38:45 PM
Not all people have capacity to make a high amount of investment, sometimes we need to start in small amount to increase our knowledge on how we can handled our business. But in terms of gambling I think you need high amount capital to support the needed of your gambling business. Because if your capital in this kind of business is small sooner or later instead of gaining profit you will there's a possibility that you will become bankrupt, due to insufficient fund you have.
This is true not all people do have the capacity on directly going on putting big amounts on investment but yet there are people who do have capacity do tend to put up only small amounts just for testing phase if the investment shows progress or not.Most of them are wise investor which i did the same thing too.Even if i do have the funds i do always start up on small amounts.
7552  Economy / Economics / Re: Bitcoin eventually disappear... on: October 16, 2017, 03:51:58 PM
There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.

This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.

Is this correct?


There would really be instances that bitcoin would be possible be forgotten or lost which would really cause to lessen the circulating supply or even the overall supply and its not really possible to use those bitcoin and would be considered to be lost forever in the void or somehow floating into the ecosystem.Once you lose the keys of it then you cant do nothing but move on but i do believe that not all people are dumb enough to lose every single bitcoin that they do have.
7553  Economy / Gambling discussion / Re: What is the best way to quit gambling and start trading?? on: October 16, 2017, 02:23:39 PM
Quitting gambling will never be easy especially if you are addicted to it and for that you need self discipline and self control to avoid gambling and divert yourself to trading as in trading you need patience to make profits but as you have habit of making quick money it will be very hard for you to wait for making money and in that case you may continue with gambling.

In the addiction time if you be able to get the money that time also to invest on gambling you will never able to change that person. If they don't have money in that time you can explain the situation and family condition to stop from gambling but they should handle any money for sometime till he or she stops completely this. If it is become a habit we cannot stop that easily that why.

Gambling addiction is a trouble one should avoid getting in, but trading is also an addiction for some people similar to gambling because if knowing little they start trading and earn some money due to luck once, they can't stop afterwards even when they lose more and more. They consider themselves experts because they made money once and they think they can do it again in the future.
Yes that is not so easy to stop or quit gambling, it required a hard work and continuous struggle, because i have personal experience that when a person become addicted to gambling then it become too much difficult for him to stop gambling .

The question was "What is the best way to quit gambling and start trading?". It wasn't "Is it easy to quit gambling?" because we all know it's not easy and it was stated here million times. We discuss here whether OP is right on quitting gambling for trading in the first place. I suggest you to try to stay on topic next time because some people on this forum block everyone who participates in a sig campaign and I understand them after reading posts like yours.
The reason why most people don't want to stop gambling and move to trading is that with gambling when they win they usually win large amounts of money but when it comes to trading, the profits are very small and it will take a time to get huge profits.
You can actually make huge money on doing trading but you would really need to risk big amounts specially on short trading which would really give the chance on making fast profits but nothing beats on gambling when it comes on instant money this is why most people do really love to play rather than on doing trading because they dont like to wait for too long.
7554  Economy / Gambling / Re: BTCHEAT.COM IS ONLY A HOAX? on: October 16, 2017, 01:32:05 PM
Btcheat.com is a legit or only hoax? Please give some clarify becuase i feel that this is like a phising site   Undecided
I have tried out the 50 free spins and end up not only getting $2 on the total amount that ive won. Is it just me or slot game isnt really fair at all? And also 0.03 minimum withdrawal is very high and it cant really be easily reached by someone even on most reputable casinos that do have slot games do offer lower minimum withdrawal.
7555  Economy / Gambling discussion / Re: Why I suddenly decided to leave gambling alone. on: October 15, 2017, 07:19:51 PM
That's a good decision as gambling is surely not a way to make an income and many people only gambling and thinking they would make a profit are doing the wront thing , i hope many gamblers follow you and decide to quit gambling for the good others they may spoil their life forever

Gambler realized that once they lost. But in the beginning, they all think that they can win everyday, which is not the case. So better quit gambler early because once you are addicted, you are trap and just want others have said, its like a drugs that can control you. Everyone should be aware of the consequences once you enter into the zone. While there are some who have successfully overcome it, there are more out there who is still struggling day by day to quit for good. You need to have a lot of positive thoughts so that overcoming it will be somewhat easy.
That's right gambling is thw biggest trap for anyone to drain his savings , income slowly slowly if the person isn't able to control himself gambling addiction might even be worst than drugs because hee your brain can be controlled but if someones still addicted that means it is worse than drugs

I agree it's really worst than drug exactly, but if you were able to survive this kind of circumstances from gambling addictions, well you should make it as strong principle not to engage to gambling anymore. Waste of saved money is the worst case scenario here and being problematic with drained budget is really sad to feel that your savings was diminished through gambling habitual activities. So you're the only one whose responsible of everything that went through your whole life, you are what you did.
it is more addicting than drugs that is true for sure but if someone tries to control it won't be hard you just need a mindset that gambling can't give you profit no matter what strategy you try , which site you try or how much bankroll you have if someone is just able to control his mind addiction control will be easy for him
It can happen to anyone from any walk of life: Your gambling goes from a fun, innocuous diversion to an unhealthy preoccupation with serious consequences. Whether you bet on sports, scratch cards, roulette, poker, or slots—in a casino, at the track, or online—if your gambling becomes a problem, it can strain your relationships, interfere with work, and lead to financial disaster. You may even do things you never thought you would, like stealing money to gamble or pay debts. It may feel like you can’t stop, but with the right help, you can overcome a gambling problem or addiction and regain control of your life.
Gambling addiction can be overcomed it is really hard as and starting to gamble is really normal we all say that we will control and not get addicted but in end most get addicted. the only way to control this addiction you need to calculate the amount of funds you have lost in gambling and realize how important that would be to you
If you do really value your money then most likely you would really have doubts anytime on spending too much money on gambling which would really make you limit on the funds that you would use which is really a good thing because it would really limit you to be come addicted on gambling. Leaving it would really be hard specially if addiction did hit you already.
7556  Economy / Trading Discussion / Re: Trading tetechniques for future.... on: October 15, 2017, 05:52:12 PM
One of my coin is now in great loss.How can I overcome this? Should I sell them all??Or I have to wait more.?This may be the great loss I ever face??How I can be more careful about buying coin in future?Please,help me out..
Its still not consider as loss since you didnt still sell it.As being said above if you dont still need money then better to hold it off and risk it that it might somehow increase its price later on. Recovering is possible but depending on the coin if it does really have the potential but if not then you will surely hold up those coins forever on a dump state.
7557  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 15, 2017, 05:11:35 PM
The main reason for a person to become a gambling addict is when they constantly wins and when the time  they lose the game tendency is they want to get the money back so they will gamble again and again and so on and so fourth. And that will lead them to become addicted in gambling.
Or arguably the point is too much gambling, no limit how much money will be used to gamble, lack of self-control are some of the causes why people addicted to gambling. Therefore, if you want to gamble, do not need to gamble too much, set the limit so that we are not too much gambling and must be able to control themselves well.

That is a good point, but nobody I think will be that good in setting a certain limit for himself and abide to that strictly. Some may go a little beyond that and most will go over beyond that. So setting up limits is something that is hard to achieve that makes gambling so addicting.
Setting limits would really be the hardest thing specially on gambling field.Yet its easy to say but really hard to do in the middle of the situation. Gambling is addicting specially when you do experience winnings because excitement that you would feel would really boost up the greediness inside you.Why i can say such thing? Because this is how i feel anytime i do play.
7558  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: October 15, 2017, 04:15:33 PM
I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
if you dont want to be frustrated,make limitation before you play,just like allotting budget evertime you wanna gamble,and make sure that when u won even if its not that big,stop playing and reserve for another dya.thats the smart way of playing
Play for another day and lose in another day? No its not a smart way of playing since you do play gambling on regular or constant basis which is really not a good idea because even you do such thing it is not smart at all because you are risking money every now and then.Smart way which you should play on the times you are bored with less amount.Just satisfy your cravings on leisure times but having really a limitation.
7559  Economy / Gambling discussion / Re: Is it a sin to gamble? on: October 14, 2017, 08:56:00 PM
Sin about religion. For Muslims, gambling includes sinful deeds. However, it depends on each individual. Because, i see adherents any religion ever have gambling.
If you are talking on religion aspects the it is really a sin but as being said it would really depend on a certain individual if he would treat gambling as a pure entertainment not on money making which would really lead on being greedy which we do know that it is one of the deadliest sin. Gambling isnt a sin but the effects would really be considered as one.
7560  Economy / Gambling discussion / Re: How do you know when to stop? on: October 14, 2017, 05:51:49 PM
Stop when there is no future or tomorrow.. But If you have even if a tiny bit of chance or possibility.. Better go forward and not to stop 😊

There's no way to know if you've got a future or tomorrow in gambling it's still a guess for everyone that's into gambling. The momentum when you gamble is happening and if you think that you are in that stage yes go for the goal but don't always go forward as sometimes you need to go backwards for you to be able to get some time to buy and relax. Stop when you are tired and when you've got a lot of loss.
I agree with you.Better stop gambling when you have loss a lot.Do not wait for tomorrow that you'll be able to sell your property just to gamble.That's why before gambling,we should set first our limitations.But if we can't control our deep interest with it,better stop gambling now.

As there are some gamblers that never stops when they loss a lot and they want to recover their losses so it's not recommended to keep on gambling when you loss a lot. Taking up a rest and stop when you loss a lot is the wisest thing to do because you can minimize your losses or you can set an amount when you loss some. It will be your key to reduce your losses because others don't know how to control their losses.
As a player or a gambling sites it is hard to stop this especially when you become addicted to this kind of game. Because every time you have bitcoin or money all are you thinking is to recover the amount you lost in gambling but I think it is wrong perception. Since you always a gambling, you always have a chance lost. Not only money or else, maybe even your family or anyone you have for now. So I guest the best thing we can do for now is to quit gambling.
Quit gambling as early as you can if you dont like to be addicted on it because once it hooked you up you are really risking the important things in your life which is your family together with your financial status.If you do already realize that you are losing too much money which you already spend all those money that are allocated on important things then better stop completely.
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