I think there will a come a time that we will consider digital currency as a means of payment. We already have countries using credit cards at almost everything but I guess paper money wouldn't disappear. It would still be best to have something tangable when it comes to payment. Wouldn't it also be much more dangerous if we only use digital currency?
The time has come already, but the thing is, the transaction online is not that big enough compared to those who are using paper money for their daily transactions. As we go into modernization, there will be an increasing population that will adopt with it for sure. |
|
|
|
I spending bitcoin for some online transactions, I like shopping online and when it finds there are sites that accept bitcoin then I'll often shopping at these sites. I'm happy with the existence of the bitcoin because it makes everything so easy.
Great, you are definitely enjoying your bitcoin in online shopping. Actually, it's easy to spend your money online but there's a big problem for some, merchants only exist in big countries while those who are in poor countries should have to pay for the expenses just to get delivered the item they purchase online. I guess if you analyze it clearly, we do not get the benefits there, but, we should not lose our faith, in the future to come there will be more merchants will adopt. |
|
|
|
|
Am I late already, luckily I found this thread, been looking this kind of group so I could join you guys. Like they said, two heads are better than one. I will create my facebook tomorrow using my name here "freedomgo" and hopefully we can help each other effectively.
|
|
|
|
Question about transaction fees for withdrawing - do you plan to add more options with larger fees for faster withdrawing? It could be really helpful in some situations. As I understand, right now it's a flat 0.0002 BTC for all withdrawals.
It would be nice addition for yolodice, nowadays many dice sites offers this feature which is very useful for players so that they can get faster confirmation when they set higher fees especially for bigger withdrawal amount. They should just make this just like Bitsler. Last months there is so now and then a very large queue unconfirmed transactions. if that happens you definitely want to set a higher fee. Larger fees is not really large when you are a gambler, our concern is only to see a fast deposit so we can enjoy the game the soonest time and when we win, of course we love to withdraw also and we want it the faster way. Transaction fee won't matter, it's just a minimal amount, most of the gambling sites have that. |
|
|
|
Last time i am begin to think that bitcoin is stronger than euro and dollar,euro and dollar are look to me like a kind of old to much used dirty stuff.Bitcoin is progressive backed by technology,euro and dollar is backed by debt and flood of printed money. How strong bitcoin is,as network is strong and like internet is strong
With the successful technology backing bitcoin is very strong. Same time the risk with bitcoin is very high, even a small collapse in the network causes a big impact on the price as well the growth rate of bitcoin. Dollar or Euros were not the same, they are value to value. When something decreases the money value it can be stabilized with the backing value assets. The risk is big no wonder we are getting big rewards as well, that is how it works and you cannot change any of them. Bitcoin is risky since there is no one is in control of the network, it could collapse and will render our bitcoins worthless. The possibilities or the risks should be known to us, being educated with bitcoin will let us decide confidently. As the question goes, I guess it is strong for now but risky. |
|
|
|
If you would have a winning bet that would give you a lot of profit, what would you do with it?
I wouldn't stop gambling, that's for sure. I'd want to honor this hobby of mine that gave me so much money and changed my life for the better. I'd also take the winnings and split it into 3 parts. I'd spend the first part on the stuff I always wanted to buy like a nice house. The second part would be for investment. I'd buy some bitcoins, maybe some stocks or gold bars. The third part would be for gambling and high risk stuff. For sure, when someone able to get good money from an activity(gambling in this case), he/she won't stop doing it. And as you said, you will use only 1/3 of your winning money to gamble again and use 2/3 of those money to do other stuffs make me very impressed. I will follow your path if I had a lot of profit. The first thing is we need to do is to figure out how to win, if you can do that, I guess it is easy to manage our money. Since it's the hardest to accomplish, it should be given more time among others, if we do not stop looking for the winning formula, in the long run we will gonna get it. |
|
|
|
Bitcoin can not now die. It invested a lot of money. Therefore, it will go up in the next few years. I believe in it.
there is a lot of money, millions of dollars are rotating in bitcoin market, it makes bitcoin will not die in a very short time. there will be a phase as price declines slowly. but it will not happen in the near future The right answers, I'm also sure that bitcoin is going to die, and estimates will not last up to 10 years. The culmination of the bitcoin advantage is 3 years away, so I recommend not to hold bitcoin. When the price of the bitcoin fortunately more than 25% of the time when buy, then I would immediately sell, very at risk if hold bitcoin in a long time. I respect your opinion but I don't see that happening even in the next 20 years, the future of bitcoin is great and will not be dead as you are expecting. Having that way of thinking, I guess you are not fan of investing online like many other people did. The progress is very impressive, so I guess that will be one of the barometer to consider bitcoin as the future of online currency. |
|
|
|
You can try lending your money on exchanges like Poloniex, OKCoin and so forth. Just keep in mind that you're giving up control over your BTC once you lend it until the duration of the loan has expired.
What I found to be a comfortable way of increasing the amount of my BTC is getting passive income on trading sites. If you get others to sign up using your link, you'll get rewards for every trade they do (mostly, it's a percentage of the trading fees or spread from each trade).
Online lending is total risk and if anyone will want to start that business then he will put himself in a great risk if someone want to start lending business then he do not need to start it online but in his own area he can find a number of people for that business. But if possible for him he have to start something new with that money like if he will start his own business then he can earn much higher amount of money. it think people have good experience in lending money to other. they know to bound people to return their loan i think they are really making good money giving loan to other people online. They did the right approach that's why they are profitable. In general lending online has bigger risk that in real world, the risk is big because you cannot verify the identity of the borrowers and you cannot ensure on his paying capacity, if that risk can be bypass, then you enjoy it. Focus on volume of borrowers and limit the amount of loan, that is the way to mitigate risk. |
|
|
|
I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.
Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage. Exactly, there is a reason why gambling sites is very profitable and that is because of the house edge. They have the advantage over us and of course since it's provably fair, it cannot be rigged but we are only be entitled for some temporary win. |
|
|
|
you can always invest and get a legit profitable return. this site evurlink.com I been using them for a while they been good to me. been making bank with em.
We don't need to invest in different business or investment outside, we have bitcoin here and we can simply hold it for longer time for a guaranteed profit. In that way, it is safer and we can always be updated with the recent events since there's a lot of bitcoin enthusiast here and we are very optimistic of the bitcoin's future. |
|
|
|
I can change avatar if I am allowed to promote CLOAKCOIN. Let me know if it's fine with you.  |
|
|
|
As long as you have Bitcoin exchange in your country, BTC is better, Paypal has lost the initial savour that makes it darling of people doing online transactions, now what BTC offers Paypal can not match it in any way.
People who is does not know about bitcoin will think that paypal is best transaction mode globally. But if we compare with bitcoins, we see that bitcoin is far better than paypal. Simple fees and fast than paypal. Then paypal involves in many email scams. I would choose bitcoin always. I agree with you, we knows that bitcoin is better than paypal for the people know about bitcoin maybe someday the people will know about bitcoin in the world For buying with an unknown person online, I always vote PayPal is best because it has a buyers protection policy and the seller can't cheat. In the case of bitcoins if you are buying through a reputed known person yes it is simpler or easy. But if you want to buy from an unknown person then should go through with escrow and many times it delays your transaction, and it adds some additional fee as well and more time-consuming process. So I like both of them and use it accordingly. but i think no one can even cheat if you are using bitcoin, because there are so many trusted escrow trough whom you can send and receive any amount of bitcoin from anywhere. so bitcoin is also a good way of transaction. No, it's impossible, cheaters are everywhere and we can only be cheated if we allow them to cheat us. We are in the long world and there's plenty of smart people here who are using their knowledge just to scam people therefore we should know that possibilities and be smart all the time. Never trust easily, if you want to say in the crypto. |
|
|
|
Current price of bitcoin has reached $1.000 it looks good and there is a trend to rise again, I will sell about 100 grams of gold mine to I traded bitcoin. hope I get lucky. I will see for a month, if the price reach $1,100 I will sell my bitcoin.
You are making a timely decision, now is the right time to invest with bitcoin. Actually, if you are more risky, you can sell your house and use the proceeds to trade with bitcoin. That's risky but a person who gambles a lot can do it and will do it. |
|
|
|
I just hope this silence will be worth the wait, I expecting the next post of the dev will be the Formal Announcement about the date of release of bounties. This is getting more exciting, people cannot wait anymore but there is no choice but to wait. |
|
|
|
Gambling for entertainment and in moderation should be alright. As long as you know the odds are not on your side.
People that are making gambling as a real source of income it is really a wrong thing. But if you are just gambling for fun and you know what you are doing, that's not wrong. Don't mislead yourselves in gambling because there are times that gambling is for us but there are times also that it is not really for us. If you are getting what you are expecting, I guess you are not doing the wrong thing. Honestly, it's very hard to make gambling as a source of income and for those who can do that, they have a very lucky life, they will live with ease and just spend a little time to abuse the gambling site. |
|
|
|
Yes certainly, fiat money is used, bitcoin used no more than 0,005%, I am sure there are many countries that are 100% not using bitcoin. so impossible that bitcoin replacing fiat money.
It is a fact that only few countries are into bitcoins most of them still doesn't know what bitcoin is. And it is an impossible thing that bitcoin will replace fiat because it will always be preferred for the transactions that are happening worldwide and countries will not gamble their government upon trusting and replacing fiat with bitcoin. To make bitcoin replace fiat it must be teached at schools to the next generation. The old persons are addicted in old behaviors, that means fiat and not crypto currencies. On long term bitcoin can replace fiat but it will take too much time. Luckly it will happen in decades, but there is the possibility to happen only after a century or so. Even it will not be taught in the schools as long the local government will implement usage of it and it can be applicable to use bitcoin instead of fiat. But that is really impossible to see that it will happen. Because they aren't going to let bitcoin used by the people because it can make the people avoid on paying their obligations likes tax. The government will only support it if it will benefit the majority and they can collect taxes from it, I guess that should be figured out first. The government are making ways to regulate bitcoin but they cannot do it totally, it's anonymous, therefore it cannot be prevented there are transactions that might be out of their control. |
|
|
|
Well for obvious reasons online gambling is banned in many countries. I think the reason can be because the government thinks it is bad and they don't want people to spend there money on risky things.
Now for the difference
Online gambling has a minimum investment of 1$.
While in real gambling you can't jusr be like I wanna bet 1$ on this blackjack game or anything.
Second online gambling doesn't require many paperwork while real gambling requires lot's of procedures to build a real casino.
Yes, I think it is really good to ban online gambling because it will really make someone addicted to it. But why ban onlime gambling and not real gambling? Well because i think it is business and has a high tax which they collect, they cant collect taxes in online casinos and gambling site. In online gambling you can bet the minimum of .00000001 and no one cares really. Thats the beauty of online gambling and what more I love is online gambling can make you anonymous, noone knows you won a big money. Well in my country there isn't any casinos as far as i remember. And about tax i agree that online gambling is basically a loss for the government. But yeah that's what i was exactly trying to say online gambling is anonymous and of course affordable investment also. Yes it is a loss for the government but if they do not provide real casino then the people of that country will rely on these online casino and will spend their money on these online casino without paying tax. but it can only work in such area where gambling is legal. as in my country gambling is illegal and any one who will run a casino will be put in jail. therefore in my country people mostly play gambling using online casino. as there are very little chance to be caught by the police. and they can even play gambling even without knowing by his family and friends. so it is one of the best way of playing gambling for the people. That's what makes people gamble online using bitcoin, the law in most countries are very strict when it comes to gambling but we are here, good thing bitcoin was created as it gives the gamblers to gamble all they want without violating the law of a certain country. Being anonymous is another advantage, with this, we can hide our real identity and we will not be afraid of our actions. |
|
|
|
i think that different people have different interest and experience. so those people who are good in trading so they can invest their money in traing but those people who are good in gambling and also have goo d experience in trading hey one can also make money here.
There is no one that is good in gambling as it is just a matter of luck, someone might be lucky to win alot in a casino however that doesnt mean that he is good with it. Either that person choose to invest or even gamble in an EV+ game, if it is not then just choose straight to invest otherwise you might lose your money Nah, as a gambler, we should believe we have the skills to win. If no one is good in gambling then you have not witness the few people who are making a fortune. We need to believe it's possible, it's our only way to win in the long run. Searching for the right method is very important, though it's gambling but learning from our experience would make us mature overtime. |
|
|
|
analyze? I think it is not possible in gambling because gambling can not be guessed. even if it's true? I think just sebuat luck. except in sports gambling may be analyzed
You can have some analysis and data if you are gambling in sports and when it comes to dice you can have a pretty good idea what the next roll would be if you are playing for a long time and if you are really lucky you might even win a lot of money. Analysis in dice seems to be not working because it is truly a gambling game of luck which there's no certain way to beat the house. You just dice depending on your luck so if you win that's luck and if you lose then that's bad luck. Better to use analysis for a certain game where you think that you can excel like sports betting. It works because i know if you have analysis you can analyze a game that would not be only put a bet and bet continously so it works and part whatever we play .Luck is the one that we need to consider it is too hard to win without luck in the game that needs skills .So it is needed dice is not only a luck game it has a base or seed in a game in every gambling house. When you analyze games, you are treating them seriously. It's like you are venturing into an investment or a business that you need to study every details to succeed. That is really necessary, regardless of the outcome but doing your job is a must. |
|
|
|
Bitcoin is more security full than cash because cash is known by everyone
while bitcoin or gold coin is unknown it remains also free from customs. So we should store bitcoin instead of cash.
i think there is nothing wrong with cash but now the demand and trend of the people is changing, now people are giving preference to online shopping therefore people interest is also increasing in bitcoin as compare to cash. I think the form of cash is no longer popular, the more you love something as flexible as digital money. so that's why bitcoin virtual or digital form. because according to the needs and desires of the times Cash in digital and paper money form must exist, there's no chance it will be vanish and replace with something like a crypto currencies. Imagine how big the network for digital fiat currency and paper money, these people are using it for a simply reason, it's government regular and not hard to understand. |
|
|
|
|
Show Posts
