Well for me trading looks a bit lead to gambling from the level of risk and put the capital. But when viewed on more detail again trading is still different from gambling from the nature of both. Gambling i think just depends on lucky only, but trading isn't just lucky only but must have more skills and knowledge of price movements.
Trading is 100% gambling and it is rather the control measures like "stop loss" and "take profit " that makes trading less risky because gambling can instantly drain your pocket whereas trading can be stopped when it moves out of your preferred range and thereby preventing further losses. I don't think so. There is a huge difference in trading and gambling. How? Let me explain it. When you go for gambling you have two things in mind either you win and double or whatever adds to your money you offered for a bet and Incas case if you lose you lose all your money, there is no chance of a second survival with the same amount of money. Trading on the other hand is quite opposite to that, you don't lose all your money invested at the same time. Gambling is a one go game with giving you on the spot result while for trading you will have to wait for your investment to give you a result. Trading would really have the edge anytime regarding on possible profits and talking with lesser capital. Investment compared to entertainment can really be differentiated regarding on the level of risk. Gambling is gambling which do purely rely on luck and Trading goes on opposite way too and it does need knowledge and skills for you to earn for long term which you cant do on gambling. I guess in both the cases if it is gambling or trading luck plays its role but in gambling it seems more vital than that in the trading. Both of the individuals are ready to bear risk but the one who is trading is dealing with a calculated risk while the other gambling has no risk calculation and thus depends solely on luck. Skills works more in trading than the gambling. Luck would really be vital on playing gambling, Trading might need some luck for sometime but not all the times as long you do know how to calculate or make analysis on each trade on which on this thing trading do really have the edge since you can make studies and plans while you are planning to put orders and also trading and gambling is on different field i believe. |
|
|
|
Well for me trading looks a bit lead to gambling from the level of risk and put the capital. But when viewed on more detail again trading is still different from gambling from the nature of both. Gambling i think just depends on lucky only, but trading isn't just lucky only but must have more skills and knowledge of price movements.
Trading is 100% gambling and it is rather the control measures like "stop loss" and "take profit " that makes trading less risky because gambling can instantly drain your pocket whereas trading can be stopped when it moves out of your preferred range and thereby preventing further losses. I don't think so. There is a huge difference in trading and gambling. How? Let me explain it. When you go for gambling you have two things in mind either you win and double or whatever adds to your money you offered for a bet and Incas case if you lose you lose all your money, there is no chance of a second survival with the same amount of money. Trading on the other hand is quite opposite to that, you don't lose all your money invested at the same time. Gambling is a one go game with giving you on the spot result while for trading you will have to wait for your investment to give you a result. Trading would really have the edge anytime regarding on possible profits and talking with lesser capital. Investment compared to entertainment can really be differentiated regarding on the level of risk. Gambling is gambling which do purely rely on luck and Trading goes on opposite way too and it does need knowledge and skills for you to earn for long term which you cant do on gambling. |
|
|
|
In order for bitcoin to hit levels of $250,000+...... it will need to be accepted and marketed everywhere. So far, Microsoft accepts bitcoin. This could be the ice breaker and the door opener for other companies such as Apple, Sony, Google, etc down the road, eventually leading to retailers such as Walmart and franchise such as Mcdonalds.
In order for bitcoin to take off to levels that seem ridiculous right now, we will need to see the average Joe not only be holding bitcoin..... but also be spending it. (In this case, $250,000 could possibly be severely underestimated)
It would really be an Icebreaker when Microsoft would tend to accept bitcoin knowing that its really a big company and would really caught the attention of big companies too and they will surely decide to jump into bitcoin craze. If this thing would happen then high prices would really be expected but the main thing or concern here is what would be the thing that they would need to see on bitcoin for them to be convinced? |
|
|
|
I might use gambling to buy electronic goods. Because if we use to buy food or something else it can make us sick. I believe in that
What kind of belief was that? Oh well! I do respect it though.In my own view if you bought food on the amount you did win in gambling isnt really bad at all as long you do win it on legal way. Its yours and theres no matter on that since its a clean money.You do risk your money to earn money sounds justifiable and theres nothing to worry but since its your own money you do have the full control on what would you gonna do on that. |
|
|
|
Gambling with altcoin far more riskier than bitcoin since it's difficult to predict
I'm usually bet with ETH once a week and sadly I'm still no luck on it so for the rest I'm prefer to trade it rather than gamble it away
I find gambling with bitcoin and altcoin to be the same. With bitcoin the availability of gambling websites were high than the gambling websites available with altcoin acceptance. Confirmation of the odds using bitcoin becomes more effective than usage of altcoins. Sometimes gambling with altcoins can be better if we look at it from a physiological perspective, with the price of bitcoin so high we seem to put on smaller and smaller bets but if you use something like dogecoin then you suddenly feel that you are betting a lot even if that is not the case. If you follow your method, sometimes you may lose more money in altcoins than bitcoins. Because as you mentioned that while playing with Dogecoin you may be thinking that these coins are very cheap, so you increase your bet amount and without your notice, you might be betting very high amount, and you will come to know only after you lose all your bankroll. It happened a couple of times to me as well. My highest bet amount in Dogecoin was 320000 coins in a dice game. You would really got too confident because you do know that the value of it isnt that high and as you said without your notice you will surely make careless adding bet amounts later on while you do play and you will just realize on losing all of them in the end of the game. If you do talk hundreds of thousands of doge its still valuable later on this is why i didnt play carelessly even though they are just cheap altcoins. |
|
|
|
Please see: http://image.prntscr.com/image/74e71a6f89b142ac895d18300a6156a3.pngWill safedice help me? I always play 1.5-3x odds on this site, never such high odds. I accidentally mistaken chance for odds, I double every loss on 2.2% chance (45x odds) instead of playing 2.2x game odds Will safedice help me in this situation it is obvious it was a big mistake ... $5700 is a lot of money to me, i was not going to play in such risky way, i hope they can help me what do you think.... will safe dice help me  No they wont able to help you out since its your own fault on setting up those odds. If you just did put that number then its your responsibility not theirs. You cant complain this kind of thing to them because if you would im sure they wont entertain you for sure. No gambling site would make a cash back or refund if a certain gambler do mistakenly put wrong odds or settings why they are playing. |
|
|
|
i will cashout the profits and play again but sometimes I play with my profit in sportbetting. i think it will better way than should lose all balance include the profits
You have to think about your profits if you're goal is to make profit. And it's very rare to see people who are gambling just for fun or just for the past time. Every gambler that has enough experience in gambling will make it as a source of income and they are taking the risk of their money just to play for the profit that can give them high chance of winning but high chance of losing too. i think yes there may be very little number of people who are playing gambling for fun and not for making money, because majority of people are playing gambling for making money, they consider gambling as one of the easiest way of making money, but i think it is not so because bitcoin is one of the most difficult way of making money, because in gambling we mostly depend on our luck. Majority of people who do play gambling do really believe on this thing on which gambling is the fastest way to earn money and it is actually right but this is also the fastest way on losing money too which means the risk is always there and this is why its called gambling because you do gamble your money in able to earn money too.It just like that. Playing with profits isnt bad as long we do know how to limit and not spending all back again those profits. |
|
|
|
Dear experienced gamblers  I am looking for some nice settings for dice bots with minimum bet, bet on win, bet on loose, risk and conditions. I dont want to give a settings on dice game because i dont want to be blame when you lose all of your balance  All i can say that risk is always there and no matter how good your settings is if you arent lucky on playing dice you will surely lose up your entire balance no matter how small your basebet would be.Its not an assurance and its better to create your own settings that you would see that works for you and its more enjoying than on copying others. |
|
|
|
When the person prioritize gambling over all important things then that is the first sign of addiction and when you asked him and he said his hobby is gambling then that person is already addicted, if the person spend a lot of time gambling, don't really care about eating or sleeping then that person is absolutely addicted
When somebody said about gambling is his habit then its definitely hes an addicted gambler knowing spending longer times on gambling will really make you a gambling addict anytime soon and as you have said if someone do already prioritize gambling rather than on other important things then that addiction is already severe since his mind don't know on what is right and wrong. Habit is different, and addiction is different. Habit means they can play gambling whenever they want, and addiction means spending more time in gambling. There are some gamblers they will play gambling daily but not spend more time and not spend more money. How much they can afford that much money they can play this we can not call it an addiction. Heres one: definition of habit: (a settled or regular tendency or practice, especially one that is hard to give up.). Its different on the thing you have said and if you do make read on the definition you can still consider habit is nearly on addiction phase knowing that you are playing gambling on regular basis. I definitely agree on what you are pertaining about it, and I also consider that as an addiction if playing gambling on a regular basis particularly on how frequent betting a money for it is involved directly. No such excuses for that habit is different from addiction, let me expound the whole situation here; if you play gambling as habit then that became an extreme habit, well you cannot control over it but to play whenever you wanted to. So let’s just be honest here and if others were saying they don’t use a lot of money for it, no it isn’t true but the real truth is it’s was due to addiction that’s kept on starting day by day and couldn’t be controlled. I can really consider too that habit is really just like the same on addiction since you are already playing it on frequent times which you would really have a hard time on refusing it since your body is already got used to it and if we do speak on habit the definition have already given above which is actually right. |
|
|
|
It is not just gambling but everything of which someone is addicted, is not easy to give up. You are the person who can help you at first, you need to make yourself assure that what were you doing till now was wrong and is bad in all perspectives then seek external help. It needs strong will and clear vision driven by inner will and you can get rid of gambling addiction over the time.
Sometime it is not easy to change yourself. You also need some support to empower yourself to overcome all sort of difficulties. But of course, the first and most important is that you must take the first step and willing to put in effort to change, then the other support will be useful to help you to change. Once a person has made his mind to accomplish something, he becomes unstoppable then. Gambling addicts face a lot of difficulties when it comes down to quitting. Even they are aware of their present situation and want to get out of it most of them still keep on gambling. Specially if the person has got no other source of earning then gambling is the only way for them to make a living. It is sad but true that many people have not got qualifications to get a proper job with which they can earn money and thus they join a casino. For them getting addicted is natural and its not possible to stop them. Even if they do find a job later on its tough for them to get rid of old habits. That's the thing about earning money, it shouldn't be as risky as gambling. It should be a sure thing whether you have made a business or working as an employee, it's still a better source of money. Just like you said, they can gamble all they want as long as they have money. Stopping addiction is really hard, no one could really help you with that but yourself. Thinking off on making gambling as a source of money is just really a bad decision because inspite to earn money you will eventually lose it for sure. Source of money doesnt exist on gambling it maybe for some time but if you are lucky enough and thats not permanent. Losing is always more than on winning this thing should be put in mind and quitting addiction is the hardest part as a gambler. |
|
|
|
If I buy just 5 bitcoin today 2500$, Next 5 years bitcoin will be 15000$
this is the way that I should invest or not?
$15,000 priced bitcoin's will be here a lot sooner than in 5 years time. I think we'll probably see $15,000 in 1.5 - 2 years. The price is rising at really fast rates right now. This is what i believed to on which reaching that price point wont even need to reach out 5 years ahead i do believe we would reach that range on 3 years or earlier specially if the rate movement would be likely on these days.We do see its price move too fast basing on just this year and maybe on next year it would behave on the same way and might reach new heights again. |
|
|
|
It will be the most satisfying feeling when winning, however it could be tricky if you cannot control your emotions. The one thing what make people lost in gambling is when they don't know when to stop. When you are winning seems like there is no reason to stop right? Everybody love to win so how can you say that it is satisfying funny event. I would like to say that we should need some changes in ourselves that we can convert our 1 win into double so we should need to see our wins percentage because no one is perfect to win 100% in every game because there are many rules and many times that you will face. Those times of satisfaction are just only for temporary basis because later on you will feel the opposite way on which you will got angry because you do lose on a bet and knowing gambling its not always on win situation we would definitely experience defeat too this is why we should really be smart enough to get out while we are on profits. |
|
|
|
Mostly one or more best result will come to someone who got a lucky day. Whatever he does, he will get good outcome and it applies not just in gambling. But such condition will occur only once in a very long time and no one will know it until it happens.
I agreed, luck can apply in many ways and not just in gambling. But the fact that you had a very lucky thing happened to you during the day doesn't mean that you are going to have a lucky day. Also, if you are experiencing a series of lucky things happen to you, it doesn't guarantee that you are not going to have a unlucky thing happen to you during the day. Being lucky on an entire day seems very a rare thing to happen on a particular person because we do know luck do only slip into us in a matter of time and wont really stick for a longer time this is why we should really cherish those times but we should not fully rely on it because if we do still believe that we do have still the luck and decide to go all in on a bet and suddenly you loss then for sure you would end up regretting. Having an all day luck is super rare in gambling since The one who's occuring me by the time I betting is the short term one and I really grab that opportunity and stop when I gained enough profit for that instance and bet on the other time around. Yes, indeed its really a very very rare case for luck to be outlasted for an entire day and i didnt see that guy in my entire life maybe there are some. Playing smartly and using your luck on the best possible time to make profits and exiting is really a smart way for a certain gambler to do on a play. Lucky day isnt possible always but Lucky times would be the appropriate to use up. |
|
|
|
Mostly one or more best result will come to someone who got a lucky day. Whatever he does, he will get good outcome and it applies not just in gambling. But such condition will occur only once in a very long time and no one will know it until it happens.
I agreed, luck can apply in many ways and not just in gambling. But the fact that you had a very lucky thing happened to you during the day doesn't mean that you are going to have a lucky day. Also, if you are experiencing a series of lucky things happen to you, it doesn't guarantee that you are not going to have a unlucky thing happen to you during the day. Being lucky on an entire day seems very a rare thing to happen on a particular person because we do know luck do only slip into us in a matter of time and wont really stick for a longer time this is why we should really cherish those times but we should not fully rely on it because if we do still believe that we do have still the luck and decide to go all in on a bet and suddenly you loss then for sure you would end up regretting. |
|
|
|
When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
This question been asked 1 day before on the fork and we did see that the price rise up on 1k price point on which it didnt tend to rise up even more to equal or even surpass bitcoins price which means this coin is just an another altcoin in the market and popularity wont really be the same on bitcoin.Even though its price clinging up again on this day but possibilities are always there, no one really knows. |
|
|
|
I know that the martingale system could only win if an infinite amount is available and an infinitely high amount is likely to be placed and Casinos are protected against martingale.
Nevertheless, it would be interesting for theory to calculate the amount in relation to the highest known loss sequence.
Example:
Game: Dice Game
Minimum bet: 1 Satoshi
Maximum bet: no limit.
Highest known loss sequence on dice game: ?
Necessary maximum amount for theoretical safe gain: ?
Bitcoins needed? Depending on your base bet and if you are talking about 1 sat then i would say having a bigger bankroll would give you the edge but its not permanent.Losing streaks will be your worst nightmare or enemy as far as i know and seen in the past on having 25x lose streak we wont know if theres other higher than that which would really blow out your account if you dont have sufficient balance on using 1 sat. Lets say that 100 btc would be enough on playing such technique Just joking. |
|
|
|
Just my speculation, Bitcoin recovers to nearly 4500 USD from a minor correction, but it could not pass 4500 USD, this is not a good sign. I guess that's because people are selling their alt coins for Bitcoin and finally for fiat - that causes a small raise for Bitcoin . BUT: weekend is coming, this is an appropriate time for a big correction.
Correction? I cant see that theres already correction since those price decrease are just profit accumulating times and yes theres really a good resistance on 4500 price but it doesnt mean that it isnt good and yet bitcoin can anytime break that resistance depending if the community would decide to do such thing.When we are talking about price corrections maybe we would go on 2900-3200 price. |
|
|
|
I have done very well investing in BTC casinos. Just-Dice is my favorite, although you do have to convert to clams. Yolodice has been legit and lets you do 10x leverage. I recommend SafeDice for people holding XMR. Checking out BitDice as they are having an ICO soon. Thanks!
You have a good choice for investing in bitcoin casino's. Well it's a craze now with bitdice's ICO and it looks like they will be having a good success with their project. Does anyone invested with the betking's the same ICO? I seen them having a campaign for the past month but right now I can't see anyone but only their thread and Dean's got a red. Don't know what they are doing. I've deposited an amount in bitcoins and it's showing in their site but my stakes of "token would be decided when the ICO period ends which will be in the ratio of total deposit" or so they say. Can you post the screenshot of that quote so that I can decide if I'm going to join or not their ICO because I'm having some doubts now. There are a lot of factors that's stopping me to do so. Although I know before this casino is one of the reputable and trusted site but because of these changes I really don't know what's happening to them. What is your concern? It's still same owner as last time so trust is there. That red trust on my profile is false and from a bitter and jealous person from an issue we had, where he was wrong, back in 2014. It clearly states on https://ico.betking.io that your tokens will be credited after the ICO. How can you expect them to be credited now? The price can't be determined until we see the final amount raised. Just a common thing which price cant really be determined if the ICO isnt still finished. I do believe that Betking is reputable since wayback before and i didnt see anything to be a problem to them. Dont be affected on those bitter persons and that negative trust doesnt really affect at all since i do know how reputable this site is together with its owner. |
|
|
|
Hi guys....
What do you think about bitcoin's price by end of year?
I think It is about 5000$ if it will not a big influsion
When big boys come that will be cool....
$5k price is reachable and would really be possible to hit up on this year or even more.Considering on the current price as of now we are already on 4.4k which is almost 600 usd to go on hitting that new ATH. Its really amazing to think and believe that how did bitcoin go this far,right? Its just like yesterday we are just talking about these price speculations which we didnt even believe that we will hit up on a short span of time. |
|
|
|
I just want to ask how would you know if a person is suffering from gambling addiction. Can you guys tell me the signs of it?
Most likely you wont able to tell specially when you are under on such gambling addiction.You wont really mind these things for sure and instead on realizing the things that you have done you will still dont matter at all as long you do satisfy yourself on such addiction. You will just notice that you are severely addicted to gambling when you dont have already money on your pocket to play on. |
|
|
|
|
Show Posts
