Maybe if you are professional poker player,but professional poker playes plays offline rather
Otherwise you can only loose
LOLwut? Are you saying there are no professional poker players that play online? Who do you think sponsors/pays for their buy-ins to live tournaments. Where do you think most professional poker players got their start? Have you ever heard of site pros? They are well-known professional poker players who get paid by online poker sites to play on their sites to attract customers. This is actually really true, the person I knew who I've told the story of a while back in this thread actually gets sponsors from those sites and other real poker players that pay his buy in with a percentage they get back... I'm actually pretty sure that he has found a way to continue gambling in the US because he's gotten pretty popular in the poker world, and I'm sure the websites that sponsor him find some lee way to get him to play on their site. |
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Yes nice grow,not to fast.And there is yet another great news about Nasdaq blockchain platform
Chart looks great
Was there more news about this today? Or are you talking about what has been talked about over the last couple of weeks about NASDAQ potentially adopting the blockchain? |
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It has been extremely fun this month to watch the bears and the bulls play... but with all respect to bitcoin and me personally wanting to see the price over time go up, I think it would be best if it were to go back down to around $280 again, because we have gotten pretty above the linear curve progression. I just hope this bubble isn't going to keep getting fueled by the chinese for much longer because that's when things can get really dire for bitcoin.
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Well how I like to play dice when I do decide to play, long losing streaks are absolutely terrible when I'm not ready to hit the stop auto bet button. I play with 2.5 multiplier and X 200 my bets on loss... so one time I worked my way up to ~.5BTC and then a big time loosing streak happened which took pretty much all of my balance. Terrible feeling lol.
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Can a full time gambler lead a life just from the earning from gambling. I think it's possible when we get some experience over time. But some of friends claim they are all successful from day one itself.
It would be nice if you share your experience whether a modern days internet gambling will provide enough and regular money for getting a living out of it.
I used to play online poker professionally for hmmm 4-5 years. It was OK for the first year or 2 but then everything got harder and energy levels kept getting worse and worse as i became more unhealthy. Looking back it would have been better to spend the time elsewhere. Yeah actually one of my brothers friends were exactly like that and it would definitely take a toll on him that's for sure... But I guess once your that good, you want to make as much money as possible while you can |
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I thought that we were going to have a mini-rally on stamp to take the price to $295-$298-ish, but such mini-rally seems to have petered out in the $290 price spot.... or is that a false start?
We're bound to see some profit-taking, but I think it will pick up again. Does anyone else see the curves in the 1h, 2h, 4h, and 6h charts? Below 1h it looks like a line but it's still there. There's the occasional deviation above and below but take those away and the data almost fits a simple growth model. With a little imagination the curve even extends back before the dip in August, if you look at the 12h. I don't know what to make of it. Opinions? I've been watching the 12 hour chart the past few weeks. It's the sexiest thing I've seen since early 2013 when we finally broke and held above 10 dollars, and then it was of to the races. *Actually, this might be even sexier, because it's just so methodical and relentless. **btw, is tarmi still short? That's why I come here...all the wonderful people saying exactly what I want to hear.  If this is the next bubble forming, judging from the log charts, we could hit $1000 again by Xmas. That's what I want. You hear me Santa?!? I've been good this year, dammit. Now why the hell would you want another bubble to form? There is just too much evidence of basic economics that this is not healthy for the bitcoin economy because there is always correction in the market, and with the bitcoin market it goes full retard with over correctness and will bury us below $200 again... slow and steady is always the most viable option for anyone who is truly into cryptocurrency being, well, a fucking currency rather than some get quick rich ponzi scheme. |
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Dice or not, your odds are the same and your best strategy should be to use as much funds as you can afford (responsible gaming first!)
The best would be to deposit atleast 5-10 x the worth you want to win, and use martingale strategy to increase your odds, but note that this won't work in the long run - no strategy will.
Yeah, I really love how people come on here and claim they have found some magical formula to ENSURE that you win EVERY TIME you go out and start playing dice or some other provably fair gambling format... there is no such thing, and will never be such a thing. There are good strategies that ultimately help you to ensure you don't lose as much, but with people who set their autobets on cruise control and expect a guaranteed huge profit because "it's gotta work" is not a very smart tactic. People tend to create their own games that they personally like best, and that's all fine and good, but don't say that it's a "gauranteed" profitable outcome. |
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Well when it comes to investing money, I would have to believe that if you do your research, are always in tune with the current news of things, and understand the basics of economics; then anyone could do just fine trading in the stock market... the thing is, is that if you are playing for the "long run" stocks, you would have to hear about something long before it becomes very popular. There are probably a few stocks out there that are really unknown right now, but what the company provides is such a good nitch that no one has done before and there for will sky rocket with time to come.
I currently don't have any money invested into stocks as of right now, but if I were to guess on what type of companies will blow up within the upcoming years, it would have to be the cannabis pharmaceutical companies... It is such a nitch that hasn't been filled before due to legalities and the continuing legalization of pot and companies that are perfecting the use of CBD to cure certain illnesses; which would ultimately lead atleast one company into one of the primary stocks to hold.
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I would imagine in the future it would be silly to think that people did this merely to make a small profit, when they will then realize that they just went against everything they initially stood for in terms of getting away from government mandated currencies.
Because I am in it for the long term, I hope that when/if I one day spend my "eta" that I will do it directly. I fully expect that I will never 'sell' up to 50% of the Monero I acquire in these early stages. I actually like a modified form of Risto's plan, where every time the price goes up 10x you sell/trade 10% to increase the available supply and upgrade the quality of your life a little bit. That might be for dollars, land, stock, etc.... Whatever is valuable at the time. Price hits $40: I sell 10% of what I acquired at under $1. Perhaps I buy a new car, and a tv finally. Price hits $400: I sell 10% and buy a house. $4000 Retire from my job and go full time Monero promotion, consulting, activist. Sell 10% for travel and living expenses over the next several years. $40,000: Sell 10%. Start a video game company (dream of my youth). $400,000 Sell 10%. Now comes major charity work such as the gifted and talent orphanage, plus humanist endeavors such as cryonics research (don't worry Hal, we ain't forgot about you) and AI work. $4,000,000: At this point we are among the richest people in the world, and personally I still hold 50% of the initial Monero I began with. At these levels, 10% would be a ludicrous sum, and with it I could likely get elected to any public office would choose, start a new country, cover Montana in sour skittles, build a replica of The Labyrinth, etc etc. This is where major contributions to humanity are possible. Luxury is boring by this point and wealth of this magnitude is mainly used to decide how humanity will focus its attention and resources. As always, connecting our species, seeking out talented humans born in suboptimal conditions, building AI, space travel, SETI, NASA, etc all become priorities. I have already been toying with the idea of being more public in how much I own. I feel this provides some trust due to the fact that I serve in a slightly official capacity. Also, I hype the shit so much, it feels ethical to disclose that I am heavily invested. As far as malicious actors down the road, they can fuck themselves. You're welcome to look up how I handle a gun on YouTube, I don't negotiate with bad guys, and I fully believe in individual sovereignty. There will be much easier marks out there, I guarantee it. I'm also considering some type of pledge... Like a pledge not to suddenly sell out of Monero for fiat during a bull market. Us early adopters will hold a lot of wealth if Monero does what I think it will, and those who come later will be assured by a public promise that a certain percentage of our Monero wealth will always be held in trust. Ok, I confess. I've bumped up to 1MR for some additional caffeine. I need to clean the house and stop yelling at Bitcoin talk and day dreaming. I've got a girlfriend moving in next month, and she speaks Romanian so I told her a.) I'll have a clean house for her to arrive at and b.) imma put her to work translating Monero stuff into Romanian. Romanians are a good people, and I told her she might be the woman who helps make it one of the richest nations in the world.  Haha, that's a pretty optimistic view point AP... but I like where your head is at, and the pledge you made to only sell out at these historical land marks (even though I believe the last two are a little too far fetched for my imagination  ). It seems that you've left out the initial $4.00 mark sell out phase though, but I would imagine you would still hold on to all of your XMR either way at that point. But in all seriousness, I can't see a world that would value XMR up to $400,000+ for a coin... I mean there are people who value security and would end up putting a lot of money into monero for that specific purpose... but I don't see a world valuing a crypto that much for a secure everyday transaction. I think in the future there will be a 1:1 ratio of bitcoin/XMR and another coin that offers quick transactions, so with that in mind there would have to be a spread of the wealth, depending on what people value at the time (privacy, transparency, or speed). |
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Unfortunately, when I started out in bitcoin I gambled a lot and had sort of an addiction to gambling (I know, ironic with my signature)... but now I have cut back a bit and gamble only when it's a rainy day and have nothing else better to do; and better yet, I have developed some sort of "deal" with my self that if I ever do go gamble I can only loose .05 BTC no matter what... It's been hard for me to come to that realization with the mentality that "Oh well, I can get it all back with just one bet! *YOLO*". When it comes down to minimizing your loses when it comes to gambling, it's all about discipline in setting a limit of how much you allow yourself to lose.
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rabble rabble unfair distribution rabble rabble
So you are one of the "I missed the boat so therefore I hate it" types- Gotchya. No, there are certain qualities and constraints that define a fairly launched coin that can survive an initially worthless magic-token n-person pirate game where the tokens only have value if each successive player agrees they have value and convinces more to join the game. A pre-sale of any type causes the chances of success to plummet to abysmal levels. I promise you, if Monero had any sort of presale or IPO I would not be here, and I would be still backing Bitcoin, which I most certainly missed the boat on. Honestly, I'm not really that concerned about "missing the boat" when it comes to acquiring cryptos to gain the most "profit" in terms of fiat... Sure it is always nice to acquire more coins when prices are really cheap, but it seems that people really miss out on the notion that getting these coins allows you to be one of the first to a brand new currency the world will need rather than want in the future... if you really believe that a coin is the best thing since sliced bread, then why would you really care about how much profit one will make when they cash back out to fiat. Note: I'm not really talking to anyone directly by this post, I'm just stating that a majority of people who get into bitcoin or any other altcoin go in with a stock market mindset... and they will most certainly cash out if they reach the ROI they deem fit. I would imagine in the future it would be silly to think that people did this merely to make a small profit, when they will then realize that they just went against everything they initially stood for in terms of getting away from government mandated currencies. |
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I think it's pretty safe to say that gambling can be profitable, but no one will ever know how profitable it can be for the short term... in the long term, I think everybody will clearly realize that you will end up losing because the odds always are against the better for every gambling website. But that's what makes it fun for the short term gambler who wants to have a couple drinks and gamble fractions of bitcoins with no fear of losing the shirt off their back if they lose.
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Bitshares 2.0 is more anonymous than Monero with mandatory stealth addresses and an implementation of Confidential Transactions already live on the blockchain..... it seems less speculative than Monero's plans to implement their own version of Confidential Transactions. CT plus stealth is not "more anonymous" than Monero. Mostly the two aren't comparable (both do something the other doesn't), although Monero is arguably somewhat more anonymous, as I will explain. Privacy/anonymity consists of: A. unlinkability (can't tell two transactions are to the same recipient): stealth (or just not reusing addresses) B. untraceability (can't trace paths between tranasctions): ring signatures (or coinjoin, coinswap, though with many complications and hazards, etc.) C. content privacy (can't see amount being spent): CT (or limited ambiguity of which outputs are change) Bitshares with CT gives you A and C, but nothing at all for B. Monero gives you A and B, and somewhat C (via ambiguity of change outputs). Monero with ringCT will give A,B, and C, for a comprehensive solution. Currently Monero lacks C though. Not completely. It deliberately includes some extra coins in the transaction and then sends them back as change. You can't tell which outputs go to the recipient, so you can't identify the amount. Some sort of range or candidates can be inferred. I don't see how Bitshares 2.0 transactions are traceable since they do both A and C? Neither A nor C address tracing at all. Every connection in the blockchain is still 100% visible. Read what Greg Maxwell and Blockstream has written about transaction metadata, since they invented the thing. CT doesn't solve it. I'm not arguing that having A+B+C will be less anonymous than A+C, however I see A+C being more anonymous than A+B.
As I said they are not comparable. Neither is more anonymous than the other in any objective mathematical sense. You are entitled to your opinion as to qualitative superiority of course. Thank you for the explanation and being more reasonable than the other Monero peeps. I guess I was wrong. Both seem pretty untraceable to me though. I think Monero will be a good option for privacy concerned people, especially after releasing its own version of Confidential Transactions. I just can't see purely privacy focused coins as being a good investment. Nothing is stopping super DACs from adopting AB and C, but Monero seems uninterested in expanding into other avenues of decentralized development. It is the coins that embrace and implement many decentralized technologies and features that will rise above the rest IMO. I personally would choose the anon coin that did AB and C, along with encrypted messaging, decentralized market, etc..... before choosing a coin that only did AB and C, etc. I am hypothesizing that the masses agree with me.  I would have to disagree with you about the bolded text above... we have monero developers here (Smooth) who are working on AEON as a test bed to test out different tactics of getting everyone interested in mining through a very decentralized platform that allows low hashing rates to effectively mine small amounts of coins... At least that's what I think is going on, please correct me if I'm wrong Smooth. |
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(various bitshares spam).... That is why you've never seen me on the Monero train.
Dude, I spent like thirty seconds googling to try to ascertain some of these claims and immediately ran into this silliness. Here is the tricky part: for the moment, those Bitshares flavored PTS are mined on a Bitcoin clone and THESE are the PTS exchanged and traded on the pair PTS/BTC (bter). The idea to proceed that way, temporary with a bitcoin clone, is to gain traction quickly and investors on board. In the future, holding Bitshares flavored PTS (on a address with the corresponding private key) will give a new distribution 1:1 for real PTS Protoshares. In the most drill sergeant voice I can manage - hollllllly fucking shit private, are you kidding me? Hey, I got an idea. I'm gonna issue a bitcoin clone called "quantum coin" and it will be a bitcoin clone *but* will be 1:1 redeemable for the first quantum encrypted crypto one day.  Oh, but it gets better... Limit of 2,000,000 AGS (shares of the project) can be bought by BTC or PTS through an "ingenious" bidding system, where 10,000 AGS per day are distributed. The round will end the 19th July after 200 days. Get the fuck out of here with this weak ass bullshit. I don't usually curse, but this is straight idiotic. Ingenious bidding system huh? Fuck right off. Scheme scam spam bullshit. One more reason why anyone involved in Monero is lucky to be here in a sea of shit like this. lololol... AP, what's your drink of choice today? I want to get on your level of drunk today so I can watch football, get hammered, and yell and curse at other users who claim that BTS is a better currency than monero through this forum... Sounds like the kind of fun/stress relief I need today |
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Definitely have 1 BTC. But most of my fiat is tied up in alts, not BTC
I have some of my bitcoins tied into alts, but a very low percentage, and to only one alt coin that has the most potential to grow over time... I don't really have time to speculate and trade on sites like poloneix or anything like that, so I just invest a little of my spare change into the alt I think will do the best. Just curious though, which altcoins do you hold as of right now? |
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Uh oh, down to 288. Let's see where this goes.
It's obvious: to $300! It's quite hilarious to me, the bears feel like they need to dump a bunch of coins at this moment... but the thing is, is that after that huge dump we just got back to where we were last night... that's ok, people are going to keep buying I believe, no need for a freakout as of right now. |
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Well I bet if you offer something ridiculous like 10 BTC he would go for it  Lol, could you imagine the mayhem that would happen if monkeynuts opened up an auction for this coin? I know I wouldn't be a player in that high stakes game, but it would definitely be fun to watch... That kind of auction would for sure go down in history. |
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Trading at $291 atm. Time for the $400 thread lol mmh i would wait until we are above 300 for some time before thinking about 400 last time we reached 312, and then 3 hours later we were sub 280.... Idk, I believe that now there is way too much "bullish" news stories coming out for a pro-bitcoin outlook on things; like Gemini, VAT, China.. I believe that people are trying to get into bitcoin so fast that it throws some people off guard because it looks like it's a bubble. |
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Bought some more XMR today!
In this alt slaughter I added significant amount of XMRs, BTS & ETH in my portfolio (ETH gave a buy signal by the way).
BTC owned = 0
I've heard a lot of people were getting into BTS, but I've never really understood the value of it besides more than mere speculation... Idk if they offer something new in the crypto world like XMR or ETH. But then again I really don't know. |
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I am shocked at how many don't have one btc.
Is it low wages or no job? What is the reason. Please comment if you can.
Thanks
its because not everyone would want to convert their income into bitcoin. im also one of those people, although i dont convert my savings into btc. i still keep around 2btc in mywallet incase bitcoin becomes worlds biggest thing and prices go insane. thers a risk involved with it that many arent willing to take Yeah, I think a majority of people are unwilling to put a lot of their income into bitcoin until the prices get more stable for a long period of time... Majority of everyone like to know their money is safe if their moving their currency into another one, and not have the potential to drop off the face of the world the next day; I know that is very unlikely now and days, but I think that the majority think that this can happen at any point in time. |
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