I do understand about the transaction fee is less in bitcoins but you miss the very important thing that is safty. If your dealing with a unknow person online then your main priority should be safty of our funds instead of worrying on small fee so when I deal with unknow people then I use paypal to pay them. Bitcoins are very safe but you always need to go through escorw to deal with unknow people.
That is the disadvantage of bitcoin, it is fast and less fee but you need to have an escrow to protect buyers. But if I have to chose between safe but will freeze your account (paypal) and fast, less fees but little bit risky (bitcoin), i'll choose bitcoin all the time. It's actually depend on our interest, I do use bitcoin because I love to gamble and I do it regularly, and the fact that the rates are very low, it makes me gamble with ease and I can make transactions like even 100 transactions for a day without worrying the transaction fee, in paypal we cannot do that of course. |
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Depends on the price point that you bought in, actually. If, say for example, at the end of a year you only gain $50 out of your investment or holdings, then definitely you shouldn't have kept those coins in your stash but instead just use those as your capital into trading or something else. My indication of a good time to buy and wait is when everyone else is selling and you're the only one left believing that bitcoin could still do it.
Actually as long as you can make profit that is a good sign dude, but talking of $50 means you are only putting a little investment. Basically, if you want higher income then it is just necessary also to put a decent investment as in my honest opinion, a long term investment will require a decent capital so we will not waste our time in case our investment will grow. |
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Is bitcoin one new step for success? Well, for users that are hard worker, have patience and if they wanted to it, i would answer it as yes. Yes bitcoin can be one step to be a person become successful, but it only depends on a person if he wanted to be successful. Bitcoin is a one way on how to be successful because it is a great source of income nowadays.
Frankly speaking, bitcoin is not a source of income, it was created as a currency and not a job, whatever we are earning here, that is because a certain company that we are promoting is paying us bitcoins for our effort, and anyone can do that and even pay us fiat if they prefer, beside most of us here when we receive bitcoin we are just going to convert it to fiat. |
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In one sense it would be good because having bitcoin bank will make the coin popular and some other guy would start using it. But in one sense it would be bad because having bitcoin bank will make the network untrustworthy because bitcoin is decentralized and automated but bank will make it insecure but if they make it automated then it would be welcoming.
If we will make you idea possible, I have a big question for you, who will manage the bitcoin bank? That's the question that is hard to answer since banks are centralized and we are decentralized, so it should be the interest for everyone here and since we do not know each other how can we trust a person, literally bank is a business of trust. |
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i think that you should invest that your 1 bitcoin in Alt coin and i think that trading with Alt coin is much more better than gambling because sometime gambling is very risky and trading have too much lower risk than gambling.
I disagree with this. First, which altcoin are you talking about? Most of them are waste of your money for sure. But even if you are investing in an established altcoin you are taking the risk. It's like betting with 90% winning chance: if you win - you win small compared to your bet and if you lose you lose. I'm not saying you should gamble to increase your money, but trading is a risky thing too IMO. sometimes we see that a slower altcoin start to increase in price much faster like pakcoin. a few days ago its price started to increase i thought it as a temporary increase and I thought that it will once again go down but today i saw that the price increased much higher and the people who invested in that coin got 3X their money. That is happening even with other coins, and most of time when we think that a certain coin is not so popular or well funded will not be progressive. By the way dude, do not mind or regret that you have not invested as it will not last, I can see it is just another pump and dump game by the big bag holders. |
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Of course i gamble for profit, that's is why i gamble in sport bets only, if some day i want to gable for fun i go play poker, slots, or any other game that is fun to play
So you are not having fun gambling in sports? I can prove now that not all people do love sports betting, personally my favorite game is sports betting and although I am not quite profitable for that game but it gives me more entertainment than I expected, now that NBA Regular season is about to start, I think I will be busy again. |
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I dont think if bitcoin will make banjs disappear because not all people can use it especially old peoples who's cant use internet and lots of country not allow bitcoin to operate on their country  Banks will always be stable and they are here to give us on safekeeping our money, in bitcoin there is not safe keeping at all as the act of putting your money in bitcoin is considerably called already as investment, and all forms of investing has risk so with that statement we need both bank and bitcoin to have a wonderful life. |
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Because of feels greedy and curious will become hard to control our temper on playing gambling, and for long time it will become addiction in playing gambling. I always made betting with small amount and it is just for fun and entertainment, if i was lost i will stop play gambling.
When greed struck we cant do anything about it, i guess majority of gamblers are greedy in nature. the more we win, the more we play, only a wife can say stop playing Yeah, we all had a time where we felt too greedy and made some unwanted bets in high temper and I have myself been into this earlier, though even with those high temper loosing situations I ended up on winning most of the times, call it luck or control anything. I guess we all experience that and normally with that kind of problem in gambling it will result to a bigger loses. Maybe, we need to learn first on how to control our emotion before we put serious money in gambling, that is due to greediness that we do not want to accept our loses and we just always want to win in gambling. |
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Not really the experience to play the game but the experience of having a good decisions while on the game. Decision making is a part of playing and gambling
Having the experience in good decision making? Maybe we can equate this to strategy. Some experienced gambling has a fast decision making and sometimes fast to shift their strategy.Also,controlling their emotion while playing is seen and they seems look very discipline. Our decision making could be due to our emotion and our mind, now if we are in gambling most of the problems happen because of the wrong decision making which we use our emotions over our head, and that is not acceptable if you are gambling for the sake of money as you need to be clever and wise all the time. |
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Preseason is over guys, I am now excited to see the formal opening of the regular season this October 25, 2016. Based on what I see, only the Dallas Mavericks out of the legitimate team in the west are not showing up, I hope they will in the regular season or if not, it will only proven that Dirk is too old and needs to retire, Warriors are the same team or a little better, they will dominate the west I guess.
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Of course they do, why should they not gamble its not something that is for men, you as a example have a lot of girls that are professional playing poker these days on pokerstars, I think that is already saying enough.
That's true, and they are not just an ordinary player because they have also proven that they can make money in poker. But in general, most of the gamblers are men and most of the losers as well. Girls do gamble because there's no restriction on gender in gambling and gambling sites love when more people gamble so they will increase their profits. |
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If I'm rich I can do whatever I want to and maybe perhaps do gambling. I always fond of fun and entertainment and gambling is one of them. Just have to limit myself to avoid addiction.
Correct,having rich will allow me to do gambling even more because i like to gamble but not having much funds doesnt allow me to gamble much. But if i am rich then i could use my some portion of money in gambling and would have some fun with it,because i love to gamble. Money gives you freedom and when you are rich you have a lot of money, now, if you know how to make money I am pretty sure you know how to take care of your money as well, I believe even if gambling is risky we can still do it if we are rich. It is true that we have a lot to offer and we have a lot to lose, but with discipline in gambling, we can get more satisfaction of fun rather than our loses. |
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I think that it can be good but I also think that we do not need it because everything is going great right now and we do not really need one if you are asking me about it.
I think its not a problem but that its not needed.
Well, I believe we are already satisfied with the current set up of bitcoin, like the others are saying that we can do banking but we do not need banks, the good thing is that bitcoin is decentralized while banks are centralized, being decentralized would mean we are not controlled by any group or institution and we can get the full freedom using bitcoin. |
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Gambling is just so addicting because of the fact that you can win money at the first place and because its a game and games can be highly addictive if you play them for a while and you find them enjoying.
Yes I agree to your statement but wanting for sure that is it is refers to money. Money is the root of all evil that is why people wants to gamble to have more money even if gamble is a sin. Gamble can destroy your life if you are addicted because it is refers to your financial stability in the future. Money is just a currency or a legal tender that we can use, if you will look and believe that money is the root cause of all evil then it is not good to seek for the money, but money gives us freedom to do things that we want and it is known to us that there are things that are illegal and might harm us, so I believe that it is just right to call that we are only person controlling our future and it we will use money wisely we will not be able to call it as the root cause of all evil. |
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How does one Put down Gambling for good?
If You Want To Get Rid If Gambling The. put Your All Bitcoin Savings In a Paper Wallet and Store the Paper in a Safe Place.... By this Way You Can't Able to Do Gambling..... Or You Can Start Playing it For Fun Not For Profit Making Motive..... That's not the only solution I believe, we should be solving on the root cause of the problem and the root cause is because of your addiction, and you need to treat it as being addicted in gambling does not bring you good benefits in staying still you might just lose all your wealth since you are not gambling anymore base on the normal way to do it. |
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My aim is to make some profit but not a lot, I also do it for the enjoying time you can have with it and I also only gamble in my spare time so that is also a easy explaining why it is for the enjoying.
Majority of the people have very common aim for gambling which is to get good profit, when anybody play on gambling sites in his spare than he can enjoy this with better way and play without any frustration, but if anybody is only rely on it than he will be into trouble and it will hurt so bad. Well if your goal for gambling is for profit, you're basically opening yourself to greedines and adiction. That's just it works i think with gambling because if that is your goal, you'd be spending much more time and money until that goal is reached If you make your aim in gambling to make a profit, I think it won't work. Because this gambling just made for entertainment purpose not make money. Only those who have luck they can make a profit. Rest of all will make their wallets empty. So my aim in gambling to enjoy the games and if possible I will make some money. Admittedly, when I fist came in gambling, I was really thinking I can make money here seems sports betting is very easy for me, but then again due to lack of bankroll needed to make serious money I just choose to play it for fun, the problem with small bankroll is that you will not take gambling seriously although you have a good winning percentage but you lose appetite to manage small bankroll. |
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First set of 10 round pack finished. We made 0.1583BTC net profit.
I reset stats for the second set of 10 round pack.
First 10 Round Pack
Total Round Wins: 1/10
Total Bet Wins: 9/18
Winning Percentage: %50
Total Profit: +0.1583BTC
1st Round: Lost in 1st Bet. 0/1 bet won. 0.10BTC loss
2nd Round: Lost in 2nd Bet. 1/2 bet won. 0.10BTC loss
3rd Round: Lost in 3rd Bet. 2/3 bet won. 0.10BTC loss
4th Round: Lost in 2nd Bet. 1/2 bet won. 0.10BTC loss
5th Round: Lost in 1st Bet. 0/1 bet won. 0.10BTC loss
6th Round: Lost in 1st Bet. 0/1 bet won. 0.10BTC loss
7th Round: Lost in 1st Bet. 0/1 bet won. 0.10BTC loss
8th Round: Lost in 1st Bet. 0/1 bet won. 0.10BTC loss
9th Round: Lost in 3rd Bet. 2/3 bet won. 0.10BTC loss
10th Round: Won. 1.0583BTC profit
I tried to analyze your system but seems like I do not really get it.. I don't know how you arrive with that profit, I am sorry maybe I just to not understand the sports you are betting as I am merely focus in basketball. But anyway, you have a good profit, so maybe I will try to analyze further but if you could give light to me, it would be awesome, I might tail as well. |
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We have different favorite games in gambling but what matters in the end is that we enjoy what we are doing, despite of the loses we should not loss our control in gambling as that is the only way we can stay positive and safe in gambling. The moment we loss that "control" we will be in risk of living a miserable life due to having a serious financial problem.
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There are some things I like best in Bitcoin. One of the things I like best in bitcoin is that you can earn it easily for free. It also allows us to send money to someone far away for a low fee. The thing I like most in it though is it's volatility, I liked it best since it gives many users like me an opportunity to earn some extra money while holding their coins they bought at low price.
Majority of users are part of a community as they are making good money from it and apart from that there are many benefits that bitcoin holds like easy transactions, low fees and anonymity. That happens for a simple reason that bitcoin at this point of time is a good investment as well, we can do trading with bitcoin and with different altcoins, the transaction fee does help but since we are not shopping online most of the time, it can only contribute to us in a little way. |
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Its hard to find any trustworthy place to invest our bitcoins as most of them are ponzi and scam you in long run, so I think investing them in multiple altcoins is a smart move to make at a moment.
I know it's hard but you can find one if you will not be tired of doing good research, one good example in investing in a certain gambling sites since that is a profitable investment, you can put your money in betking or moneypot and even in safedice, those are just some of the gambling sites that accept investment and they have been in existence for a long time. Yup those are the trusted gambling sites and they holds huge volume of gamblers so they will never scam their investors and they cannot afford to put their reputation at stake. Actually you just have to analyze everything, these gambling sites are very profitable and they are operating 24/7 so for them trust is very important and their reputation matters, so they will not scam you as they are afraid of losing the opportunity to make consistent money on a regular basis or a daily basis to be specific. |
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