I think the US dollar will remain the world's currency. Because if bitcoin be a world currency is still not fit my taste. Because bitcoin prices always fluctuate so that it would create economic imbalances. There are many factors to consider if you want to use bitcoin as a world currency.
That's true. Bitcoin needs to travel long to become a world currency. Right now US dollar is very strong as a world currency due to its increased acceptance as well the stable value. In my view bitcoin is very young to get recognized as a world currency. Soon after years due to continuous adoption and the digitalization of world things could change. |
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Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.
Since the bitcoin is really stable and range the price into $629.9 up and down it just because of traders who really sell and buy there bitcoin from the markerts and if you learn on how to trade bitcoin into altcoins regularly then you can predict what bitcoin really price in the future. Prediction of bitcoin price is really hard, what you have quoted is the prediction of price increase or decrease in relation to trading strategy. This is one form of prediction but this won't be effective all the time. I believe altcoins doesn't have any impact over bitcoin price, so prediction of price increase and decrease through altcoin price observation too fails most of the time. |
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Bitcoin price has come in a moment where for more than 2 weeks now is sitting in the area of 610 USD +- 10 USD most of the time. Why has the price stopped moving up or down ? Bitcoin is well known for its instability and being very unstable but now things for me are starting to look different. I was reading bitcoin related news in clear and also deep web but could not find anything that can make the price of Bitcoin go up or down.
Any ideas why the price is stuck for more than 2 weeks now ?
As of now bitcoin price is increasing and decreasing we will not stuck up on that price and everyday bitcoin price moving and if you really track those movement you will see that there are many investors who really exchange there bitcoin into fiat and fiat into bitcoin, bitcoin into another altcoins if the price of bitcoin stopped moving up or down maybe it is not on demand at the moment. The price of bitcoin is not really stuck, bitcoin is moving forward with its nature of gradual increase and decrease in price. After few days of gradual increase the price was fluctuating around $630, which had now decreased by a small margin. |
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I think it's because the halving. The halving on 2016 makes the price of bitcoin increase so high, i think that's why many people predict the price will keep increase up to $1200.
As described in the above quote, because of halving most of the users considered 2016 to be the year of bitcoin. With this in mind most predicted the price to be over $1000. Fortunately it didn't happen and every year end price increase happens. Though halving is over, but its the year of bitcoin users continue to make predictions of price over $1200 and more. |
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To be real if you cry because you have just lost with gambling then you should not consider your self a men because you knew what you were getting your self in to.
Then you just have to accept that and crying then should be never the option because that is not going to help you.
Just because you cried because of gambling you are not a man already? Grow up dude, everyone has its weakness and flaws. And there is no reason that a person will not show his emotion and put it out. That is the reality of life, if you are going to let it live inside your body that you are not going to cry when you lose, then your not a human. Every human were not the same, each have their own emotions and the way of expressing it. Some don't express it to the outer world, they try to console themselves. Some gets relieved by crying. For this reason we should not relate the men who cry on losing from gambling or other ways is not a human as the above mate too described. |
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Rather than a investment, gambling is just a risk factor which has the potential to give a good earning with little fun as well go bankrupt in a short term. So we the users need to decide whether to get involved or not, if one's plan is to get a stable earning that can be got from an investment.
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When you are going out to gamble a bit then you are going to think about winning because that is the reason why you are going but when with friends it can also be fun even if you lose.
But it is way more fun if you manage to win with gambling.
Most of the time when you gamble with your friends you will lose because you cannot concentrate as you will just bet base on your emotion, it is good in a game where strategy is not important and if you are lucky you might win but still you will not keep that money because you are still gonna enjoy that spending in other things. Yeah, And that is where control should take part. The secret to prevent big losses or further losses in gambling is to control your self. The amount you bet and the time you spent on the game. Having self control on the middle of the game would be very a good thing because you could able to stop yourself especially when you are lossing too much money with these you could able to decrease too much lose. We should really treat gambling as an entertainment rather than on gaining profit. Most users have described that for fun they get into gambling, but the truth is that profit is the only hope rather than fun. If gambling doesn't give some profit or earning, then none would involve into gambling to have fun and excitement. In my view profit stands 75% and fun stands only the remaining 25%. |
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When I say to a common man that I do gambling, automatically he thinks that I'm a gambling addict. Is this true that everyone getting into gambling is an addict. I have limitations as well control upon the time as well amount spend on gambling. Secondly, anyone among you got addicted and realized that we need a self control to be on the safer side.
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Gambling itself is an easier way to make earning or profit, but one needs to be lucky as well needs to have good knowledge about the gambling and the important thing is that you need huge backing of btc. So one can get into gambling without fear. In my personal experience I go with sports betting to make small earning.
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Almost 5-10% of the people will get into the bitcoin as well other digital currency usage and around 20-25% of the population gets aware about the existence of digital currency which at present scenario is very low.
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Selling everything why would that be profitable right now do you allthink that the price of the bitcoin will drop i dont think that is going to happen he will
rise till the end of this year for sure
That's true, sure the price is expected to increase by the end of this year. If you think about the past year, same thing happened. Over the last few months of 2015 price was stable which grew by the end of the year. Same can be expected this year too. So its better to wait and sell until the need is emergency. |
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For a gradual rise in value as well for increased acceptance among common man, the direct usage or the stable circulation of bitcoin is a must. The lacking in circulation makes some impact over the price. Right now in my country bitcoin acceptance is very low, only few digital goods stores accept bitcoin. So spending is very low compared to the bitcoin getting converted to fiat.
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Bitcoin is really worth to me, with bitcoin i can buy anything that i want using bitcoins, because i'm jobless in real life because i'm still school. earning bitcoin is really help me.
That's cool to hear that even few school going kids were aware of bitcoin. Possibly it would help in spreading of digitalization. Same as the above mate's quote bitcoin is much worthy due to its rising potential, the earning possibilities as well the increasing adoption which assures that bitcoin won't fall or fail. |
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Bitcoin will be popular even if it gets a stable value, because the price is quite high compared to any other currency. This grab the attention of more users and when price gets standardized lot of people who fear of price fluctuations get into the digital currency network.
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I think it to be a part of my daily life, till my bitcoin wallet gets emptied. It's almost three to four weeks that my wallet got empty. So it went out of my daily routine, else I used to take part into at least a single event daily. Only thing that that keep me out of addiction is that I'm not much greedy and won't borrow to involve into gambling. At the same I believe that I too was addicted in one form or the other.
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Highly greedy. Initially played with small amount but when days passed greediness made all my earning which I saved little by little to get lost in a single event.
I can be greedy sometime but only at the times where I can almost not afford to spend to many Bitcoin or I wont save nothing for my self. But if I have the money to spend then I not greedy most of the times. Desperation of money sometimes will lead us to be greedy especially when in gambling, we will make all ways to increase our income which would end up nothing. I think we all have the experience of being greedy and we have proven that there is no positive outcome. Yeah greed ia a natural human instinct so most of us at some point became greedy, maybe not just in gambling but with other things. I once went to a casino and tripled my capital but went home empty handed, i even had to borrow from my friend so i could go home   Yep i agree! all of us has a characteristic of that but the only thing is how we handle it because we know others can handle it unlike us we cant control our emotions and greediness. They are good in handling in that situation but we can learn how to handle it base on our experience Everyone have a greedy feeling, but someone know how to handle that, and someone don't know. Controlling greedy is not an easy task, But if you keep that in mind and play means you can control your greedy. Those who have respect for money they can control their greediness. Those who play others money or extra money they can play freely and they will not control their greediness. Because if they lose also no problem. Respect for money doesn't have any relation with greediness. When people were greedy they just give more importance to money. For this reason people believe that greedy people have more respect for money. Satisfaction is the major factor which is required to control the greediness compared to the respect for money. |
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With gambling, experience plays a big role, whether it is poker or sports betting, because at the beginning only due to luck users get winning but later they realize the way how bets need to be placed as well the amount for every event. Also experience gives users big strategy regarding event's which is much needed for winning the events.
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At any given time you can browse primedice or other dice sites and find players with profit. Right now at primedice, I chose High Rollers and found this player:  whoah for real? this is one rich lucky guy i mean i wouldn't believe you could actually earn this big amount with dice! i mean, look at the difference between his wins and losses. still wouldn't try my luck there though there may only be a few people who are that lucky Yeah, it's real. there are some dudes with profits over 200btc. it's all luck man some folks get lucky and take big win and some lose big. That's true rather than any learning as well strategy only the extremely lucky man wins finally. Also users loss amount similar to that spend upon sports betting, but users won't realize as most continue to bet with small amounts even when failing continuously. |
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Yeah it happened almost 6 months back on a tennis match. I placed bet for Eguchi on 10 odds an amount of 0.015btc, not sure about the opponent. First set was won by the opponent and the game got rescheduled due to rain. Unexpectedly the next day I got surprised to see the betting got won.
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Making banks get disappear is really hard, because most of the people consider banking to be the primary means for financial administration. This needs to change, and for such a change our bitcoin needs to travel long years. Also most users consider bitcoin as a good investment rather than a currency which also needs to change to replace banks.
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