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7741  Economy / Economics / Re: How to make 17 BTC out of 7 BTC ? on: January 10, 2017, 06:09:56 PM
Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?

Try Forex bro, only forex can grow your btc significant but don't forget that forex also can deplete your btc in short time.

High Risk = High Money = High Loss  Grin Cheesy

Forex is the easiest way to go from 7BTC to 0BTC. The profit margin is low and the risk is very high
Agree with this point because most of forextraders who dont have enough knowledge do really burn their account in a short period of time which is commonly happening until know and i could say forex trading is complicated and you are just wasting your money if you tend to jump in without any knowledge.Its just like suicide.
7742  Economy / Gambling discussion / Re: What is your gambling strategy on: January 10, 2017, 06:02:15 PM
im sticking to sports only for now, dice is too crazy...

Actually in sports betting we have less stress as compare to dice where we have to play so long. I also prefer to place some bets on my favorite teams in sports betting.

Well that I think goes for most of us. By normal understanding, the chances of winning is a lot better when you bet on your favorite sports team or player than on a roll of dice. There are a lot of things that you can consider when you bet on sports that would make your chances higher while in dice you're pretty much just waiting for the apple to drop with an open mouth
We can really compare luck-based games to a strategy-luck based games on which you mention about sports betting and dice game which they do really differ on some way even they are both gambling games.Strategies are needed on playing sports and you are right by normal understanding we could able to determine on which game you saw that you have a higher chances of winning.
7743  Economy / Economics / Re: You should never trust banks on: January 10, 2017, 05:44:07 PM
I will stay trusting banks no matter what because banks are without any doubts for ourselves all over the world.
You have a point since banks are the major storage of all of our money and most people on the world use its service but seeing on the situation of the op i could say that he might broke some ruless on the said bank because they locked his account which means theres a reason behind it,if you think theres nothing then you can complain anytime without fear as long you know you didnt done wrong.
7744  Economy / Gambling discussion / Re: Everyone looses in the long run on: January 10, 2017, 05:23:39 PM
Gambling needs luck, though one is good of making perfect strategies upon events. To avoid loss we need to go through several articles put forth by the legendary gamblers. In long run users experience loss, but the experience gained during early periods of gambling help to minimize the loss to the best possible.
Well this is true but it do still depends on which gambling game you are playing because not all games do require experience but some of them do full rely on luck which is really hard to manage on the long run.Legendary gamblers do exist but most of them are one skill-experience based like sports,card games .
7745  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: January 07, 2017, 06:21:00 PM
I'm sure they will start using bitcoin if the buyer want using bitcoin as the payment.

How do You immagine the process?
Someone will exchange local money to BTC and spend them on goods at the shop?
I dont know what he meant by that but i would like to ask if that thing would succesfuly work by just someone tend to pay bitcoin for the goods he bought and we all know that not all business owners would easily accept it specially if they dont have enough knowledge or idea on such thing like bitcoin.
Encouraging would really be hard.
7746  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: January 07, 2017, 04:30:53 PM
Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.
IT is correct, I never consider gambling as a type of investment although there are many people think that it is. In general, gambling is just a collection of games which closely relates to the luck. While gambling, you can have some extra profit, however, you can never beat the house edge. They will always know how to obtain money from you. That's not what investment is.
True,we cant really beat the house no matter what even we play gambling too hard and the reality of losing is always there.Therefore,if we invest on the house we could somehow assure ourselves to make money on that investment its not too big though compared to gambling profits but still its a nice decision.Gambling games should really be treated as an entertainment.
7747  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: January 07, 2017, 07:51:36 AM
Gambling is never an investment since its just a game with money involved unless if you decide you put your money to the house itself then its considered an investment and with that its somehow safe compared on playing gambling itself because you are on the house side which we all know who always wins therefore we could say that we could able generate profits when house is profiting too.
7748  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: January 07, 2017, 06:28:58 AM
The smart way for me is on how you gonna manage your bankroll and how to control yourself on playing gambling.If you don't like to lose money then its a smart move not to play gambling at the very first place and if you know the risk of losing money and its fine with you since you are playing gambling just for entertainment then playing with it is just fine.Just remember not to risk too much money.
7749  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: January 06, 2017, 07:45:28 AM
Governments fear bitcoin as they face huge loss in tax revenues. They also suffer loss in transaction fees due to transactions done through bitcoins. They think that illegal money is easily sent to their countries from abroad through bitcoins.

Agree! It is all about that government thinking that bitcoin well i could really say that bitcoin is used in the illegal activities because we all know that it is anonymous and it is very fast and just a minute then youll recieved the payment! It is being used in deep web to buy some drugs and other illegal activities! Thats really the reason why government will not support bitcoin
Illegal transaction and Tax evation is the main cause why most government would not like to support bitcoin and thats why they decide to ban it no matter what because of these two things and they really blocking the bitcoins adoption because they are seeing the negative side of bitcoin.
7750  Economy / Economics / Re: How to teach kids about Bitcoin? on: January 06, 2017, 06:13:16 AM
For me personally,I dont think children have any business being close to the world of Bitcoin not because Bitcoin is bad in itself, but because of the various vices they might be exposed to along the line which they might not be matured enough to handle. Among such things include gambing, falling for cheap scams, HYIP sites with exciting bogus rewards among other issues even as adults face in this crypto-world.
of course in addition to the little child is not able to accept whatever you explain about bitcoin, maybe they just know that bitcoin is currency, for how to get it and how it works. I'm sure they will not be able to know it
This is true because we all know children cant really get it easily specially on explaining complicated stuffs on knowing bitcoin but telling them as a currency they will really understand easily and i agree on what you have said but explaining them on how to earn and more of its uses then they will hardly cope up.
7751  Economy / Gambling discussion / Re: Beta Bitcoin Casino on: January 04, 2017, 03:40:39 PM
i have recently register at your site to know more and trying it and indeed it took less than 2 minutes for signup and i was already have an account at there however i got 1000 MB on my balance and whether this is sigup bonus or not? and how much worth 1000 MB if in bitcoin
i guess it's just like a playing money , if you try to select live casino there is zero balance shown. however people would still have full of doubt on the site , anyone want to try deposit small amount? the site actually seems pretty good with ordinary platform , just need a little more touch of developer and it could be a good casino enough.
looks like it is because every new users has already get those amount and this site offering 100% first deposit with 50x wagering but i personally don't dare deposit at there because OP hasn't provide more informations regarding this site

In my own view that is only a play money or test money because i didnt encounter casinos that do give 1 btc as a bonus but requiring high roll over.If this thing would be true then many will surely try out to test out and might be lucky enough to cash out or withdraw on just reaching the said roll over.
7752  Economy / Gambling discussion / Re: How was your luck in 2016.? on: January 04, 2017, 10:37:32 AM
2016 wasnt a good year for me since i do suffer huge lose of bitcoin because of playing too much on gambling like dice,slots,poker and sports and even im already lossing im still playing and my loses pile up even more.Calculating my loses is not possible on how much would be the estimate but im sure that i really lost a lot.
7753  Bitcoin / Bitcoin Technical Support / Re: Treasure hunt. on: December 27, 2016, 04:44:09 PM
If we are talking about formatting a HD then recovering things would be difficult since all things inside on that HD is already wiped out and if there so back.up then don't expect that you could able to retrieve your coins back..dont really know the exact thing since I'm not really expert on recovering things.
7754  Economy / Gambling discussion / Re: How many money did you spent in gambling in a day? on: December 27, 2016, 04:31:59 PM
I'm usually spend 0.05 and try to earn 10% profit by martiangle it
But the fact is it's not easy as it look as it's still require luck and analyze to maintain the bet result or you will face lose in a view minutes later

Overall I have made 0.1 until today !
0.1 btc a day in gambling is already decent and you are lucky enough to win such amount and also I can't risk too much money on playing gambling,0.05 amount of money is already big for me and I can't afford to lose that amount in a short period of time.in my own case I do only on small amounts for about 0.01-0.015 per day it depends on how much do extra I have on my wallet.
7755  Economy / Trading Discussion / Re: The best traders in the world – what they have in common on: December 27, 2016, 04:13:09 PM
the best traders are those who have started from zero and learned everything slowly with patience. and through this process learned that patience is the key to every successful trade they make. and in this patience you have to be fast too. it means waiting for the best moment and then act on it as fast as possible. I keep seeing novice traders who are patient and then when the moment arrives the decide to be more patient and it means losing the opportunity.
Patience and dedication would really be crucial when we are learning trading because these behavior and traits will really help or mold you to become a professional trader.Taking losses as a part of learning process symbolizes a good trait of a potential trader and regarding to those inspirational words in op,i could say to myself that someday I could able to do the same thing.
7756  Economy / Service Discussion / Re: Genesis Mining Honest Review by TheMerkle on: December 27, 2016, 08:12:34 AM
http://themerkle.com/genesis-mining-review/

tl;dr

Genesis-Mining is a reputable company with legitimate datacenters, if you are interested in cloud mining it is definitely worth checking them out, however, before purchasing any contract make sure to do the math and do not underestimate bitcoin's or any other cryptocurrency difficulty jumps.
Yes it is reputable "for now" because it is still operating but I don't think they could able to proceed further more on the longer runs since bitcoin difficulty does really increase as the days goes by and ROI for its investors would really be long for sure.I don't tend to be bitter but I don't really like to invest on these cloud mining sites because most of them are just scams.
7757  Economy / Service Discussion / Re: Dark marketplaces? on: December 27, 2016, 07:41:53 AM
Using dark marketplaces or regular markets we will always find scammers in both places the choise is to run a profitable business or scam some pennies from others, with that said with crypto coins people can keep consume drugs and buy and sell anything they wanna, there is no way to trace and stop all of those packages, since the distribution may go with private company that dont wanna know what is inside.

You will be surprised that there are less scammers in the darknet than what most people will assume. Innthe darknet vendors and drug dealers need to prove themselves as honest and trustworthy to make a lot more money than scamming people.
In selling drugs and other illegal things you could really say that there is no scamming event since those businesses are serious because earning money on that transactions is no joke that's why we couldn't really say they are scammers but there are really lots of bogus transactions or goods which is being offered there and if you are careless enough and easily fall out then you will lose money.
7758  Economy / Gambling discussion / Re: Is Chances of Winning in Gambling Higher? on: December 27, 2016, 07:13:01 AM
I just did some calculations. According to them, chances of winning in gambling comes out to be around 75%. Please correct me if I'm wrong somewhere


My assumptions-

I'm considering a case, with zero house edge.
It would be X2 if you win. And you get 0 of you lose.
Each game would charge 1 Bitcoin. Which means, 2 Bitcoin if I win, 0 if I lose.
I have 1000 Bitcoin ( many Bitcoins) in the balance of company X (Gambling Website)
Chances of winning and losing are equally likely - 50%
I would withdraw all my balance as soon as my balance becomes 1001 Bitcoins
I'm betting in two player Roulette. (I'm not talking about any sports bet)


So here it goes,

Here L  represents Lost game and W represents  win.  I'm writing the chances of event occurring in front of it. So, LWW means that I lose first game, and win second and third game giving me a net profit of 1 Bitcoin.

Cases which could lead to 1001 Bitcoins,

W -50%
LWW -12.5%
LWLWW -3.125%
LLWWW - 3.125%
LLLWWWW - 0.78125%
LLWLWWW- 0.78125%
LLWWLWW- 0.78125%
LWLWLWW- 0.78125%
LWLLWWW- 0.78125%

You can further continue this.

This sums up to be 72.65 %

Which means you have higher chances of winning in gambling if you follow these assumptions.




Edit 1: I have considered that you can bet each time exactly 1 Bitcoin.

Consider a case , I lose first game (represented by L), so my balance becomes 999 Bitcoins. Chances of losing first match were 50 %. Now I again bet 1 Bitcoin and I win (Balance becomes 1000) . Now again I bet 1 Bitcoin , I win (balance becomes 1001) . Now I will withdraw all my balance .
So the above event is represented by LWW . Chances of happening of above event is 50% * 50% * 50% = 12.5%
Are you referring on playing dice site? 0 house edge doesn't exist nowadays and we cant really assume that 1000 bitcoin bankroll on playing gambling. Regarding on the calculation I could say that it would be useless because you cant be sure on the next random result. You cant state if its a win or lose because they are independent and doest rely on each other.
7759  Economy / Services / Re: BDSM is profitable (Earn 0.01btc) [Adults] on: December 27, 2016, 06:49:23 AM
He pays me BTC]0.01 in just 5-10 minutes just do what the op says and when you win the op receive 0.005BTC. Just do what op says just (rub,shake ,twist,squeezze,up and down) her penis
Im 100% sure that you are just another alt of OP and just claiming that they really pay for such thing. This is really a disgusting thing for me even if he pays 0.05 I wouldn't still do it. (rub,shake ,twist,squeezze,up and down) his penis. I cant dare to pleasure a big fat man. hahah

Edit: His penis.. sorry
7760  Other / Archival / Re: link back free $10 on: December 26, 2016, 03:59:39 PM
This thread is anywhere on which you could also found a post regarding on this link crap. Ive tried this before way back on previous months and I could say this is fake no one would give you an easy money on just posting links.This is just a total garbage because its too good that someone would give you money on just posting links.
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