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821  Economy / Gambling discussion / Re: bitcoin dice casinos. Is it profitable to have such casino? on: April 06, 2017, 09:27:35 AM
Of course it is always and will be profitable because of the house edge. For starting capitals maybe a few coins would do then just use moneypot to help you with your bankroll needs but take note that your profit would be low because you don't support the bankroll of your gambling site..

But it's not too late to jump in this niche? I mean, there so many dice gambling sites..its not already saturated?

Anyone can come up with a nice site for dice game but only sites will successful with proper marketing. If you don't promote it well then any use of having a gambling site and you may need to spend money for hosting site every month. Also, remember you need to have a lot of bankroll to success in this business otherwise you may also lose money in some cases.
822  Economy / Economics / Re: The best time to invest. on: April 05, 2017, 09:48:56 AM

       Some day in the future, you will realize that the best time to invest was not today, but some other day in the future, when prices were low. But with the information that you have today, the best time to invest is still today, because you do not know when prices will be low, and you do know that the longer you hold your investment, the more time it has to grow.



Toughts?
Yeah i think this is not still the best time to invest in since bitcoins price is not stable and have some big drops sometimes.The best time to invest in bitcoins is when its price really drops up to 50% of its original price.Because all stock holders of bitcoin will still pump its price and you will gain profit into it

If you set something thing like this target for any investment, you will never invest for sure. Because no one can predict when prices will fall or rise, so it is always good to start investment immediately when you decided with a small amount and start buying it in regular intervals so you buy price will be averaged out. If prices never go back to 50% less than current price then you only need to watch the price movement and never invest in it.
823  Bitcoin / Bitcoin Discussion / Re: Indian MP asks govenment in the parliment to Mark Bitcoin as Illegal on: April 05, 2017, 09:44:57 AM
It's a quite bad news. But let's see what government will do to it. Since the government is fighting hard for the black money so if they find some evidence that people are using bitcoins to hide their money then mostly they will do something to bitcoin transactions. Since BJP is a business and digital supportive government so they should find a ways to regulate it instead of blocking it.
824  Economy / Gambling discussion / Re: best gambling site? on: April 05, 2017, 09:37:51 AM
Well, I dont think that some site is better than the other one, unless the house edge is lower: then it is extremely important factor to consider.

Im talking only about provably fair casinos, I dont enter sites which I dont trust.

However I dont really care about UI during the game, it is fun for me every time I do bets with small  house edge Wink

Not only house edge but most of the time we expect a quick response from a site if we encounter any issues. So for any site along with house edge there should be a well qualified and fast responsive support team is also a must. For example, Fortunejack is well trusted and their house edge also okay but their support is quite bad so I don't like to deposit money in that site nowadays.
825  Economy / Gambling discussion / Re: why people use dice bot? on: April 05, 2017, 09:34:11 AM
Some people making tons of money selling the bots, its the same market as selling the website exploits and zeroday hacks, it's all done by coders, they are doing all the money, i still dont believe bots can give you sustained gains without controlling them manually so you might as well trade manually.

It is true that only people can think and control what they want it. These bots even those got more variations to try and implement but for a longer term surely site is going win. Instead just play these games manually for some time and enjoy your time. If you're lucky then certainly will make some money otherwise enjoyment. But if you use bot and lose money then no enjoyment and no money as well. I never use any bots to play dice game.
826  Economy / Gambling discussion / Re: why people use dice bot? on: April 04, 2017, 09:44:15 AM
Maybe they are just lazy enough for using a bot instead of playing it manually. I don't find it helpful because it will just suck out your balance. I will always stay love to place dice manually and why there's a need to play your money with a bot, as long as you do have balance it isn't going to stop only if you will modify.

I agree. I myself find it quite tiring if i stay in front of the computer just clicking on that roll button. Though i think you' have a lot more chance of being in control if you do it manually

Maybe that's the real reason why people are using dice for bot. And some of them are loving to watch it play automatically while sitting back and relaxing at their chair.
Yes it depends on people preference on what would be the reason on why he was using bot on playing dice there are different reasons to choose from which you mention some of them which is right and mostly gambler do believe that using bot will make them profitable and thats the reality.
It's hard to control oneself when gambling with dice. What I mean is, people tend to get bored with just clicking and might "over click" but bots don't do that, once the conditions have been met, it will automatically stop, no over click or under click. That's a very efficient way of playing dice.

If people are targeting to make some money from gambling, then they will look for all these tricks. But whoever want to play games just for fun then most of them will not use any bots because if you use bots then no fun, just sit and watch only. So far I never use any bots for dice game instead I play until getting bored, or I lose my small bankroll and enjoy my free time.
827  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁 7,000,000,000 bets promotion🎁 FORUM SOON on: April 04, 2017, 09:38:59 AM
Bitlser has made a security update and now requires that you have 2fa enabled to be able to log in with DiceBot. Please enable 2fa and log in using your username, password and 2fa code in DiceBot when attempting to log in to Bitsler
i never used any bot but my all btc of 0.88btc stolen Sad feeling like dying ,will never use bitsler again .

Did you enable your 2fa function which site has provided you to protect your account? If no, then it is your problem because someone might have stolen your password details and enjoyed you BTC. For your mistake what site can do? Unless you prove that site has stolen your BTC. But this admin is well-trusted and he will not do these cheap things just for your 0.88 BTC.
Yeah Bayrom is very well generous in her bitsler gamblers...., althrough they paid 40BTC just for who discovered the bug... So your 0.88BTC is nothing in her bounty

I think you PM bayrom here and say what happened or try send to a support ticket in bitsler, your btc will back if your testimonials is true but if your just lying hmmm.

Goodluck to you

Hey,

Do not worry. I talked with gial on telegram and we found out who has hacked him. And the error didn't come from our side.

Soon the 8,000,000,000th bet guys ! Good luck

This is not the first time happened many times people reported the same mistake in most of the trusted gambling site threads but still people never learn a lesson untile they realise it personally. Once you add any funds to gambling sites, first thing is to protect your account with any security features provided by the site. But it is not a small amount to lose as well.
828  Economy / Economics / Re: Bitcoin or gold? on: April 03, 2017, 04:10:59 AM
I know, that a normal person would choose the gold from the bitcoin, perhaps because they do not know how to unleash the potential bitcoin. but, for those who know it, I am sure, they prefer to take a bitcoin, rather than gold if the same amount.
Those who don't know about bitcoin would probabaly choose gold of course but if they have an idea about bitcoin they will bitcoin over gold because we all know bitcoins are not stable and higher chancr of increasing it's price.

I know both of them, but still, I prefer to invest more in gold than bitcoins. Because bitcoin prices not only moves faster in upward directly but it can also come down even faster. So I prefer to diversify your funds and want to be safer side. It is not a good thing to keep all your funds in any single product so try to diversify and put in different asset classes.
829  Economy / Web Wallets / Re: Coinbase added a fees now on: April 03, 2017, 04:02:26 AM
Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
It is only a matter of time that even Xapo will be charging fees in the future,the thing i do not like with coinbase is that even with a higher transaction fees they wont be sending that instantly and that i think is annoying and they will loose customers because of that,they could opt for other options for every users as they could just send them as batches and they can lower the transaction charge if they want to.

But I use XAPO account for my regular payments sending and receiving, and their transactions are quite fast. I'm using them for more than two years and so far never had any transaction delay issues. Until now they are not adding any transaction fee but if they add then people will move to blockchain wallet instead of these guys. They are attracting more people to their wallets because no transaction fees.
830  Economy / Gambling discussion / Re: why people use dice bot? on: April 03, 2017, 03:53:31 AM
I suppose some people think that by using a bot they will be able to obtain profits since you are taking out of the equation the human component that makes defeat so easy in some games but the truth is that no matter what kind of bot you use there is no way to modify the house has over you in all of its games.
well if all people have a mind like you maybe there's no house will be open anymore but because of the nature inside people's mind that gambling is an easy way to gain profits that's why they will try everything to win against the house and that's why bot has been introduce trying to think some settings that will lessen the risk and giving some opportunity to win.

No wonder why even though so many casinos are around but still they are making profit and gamblers are losing money. As long as people go for easy and fast money surely they will lose money soon or later. It is a very bad thinking about gambling. Gambling should be like for only fun and if one is lucky then they will make some profit for that day. It is not that people need to chase the luck and end up losing money.
831  Economy / Gambling discussion / Re: what bet size do you start with when gambling dice? on: April 03, 2017, 03:48:26 AM
i use to play before and i start with small bets like 100-1000 sat but i'm not a patiently person so after i seen several loses i feel desperate and sometimes decide to make huge bets and not to my surprise i'm already doing a yolo and loses my bankroll, that's why i already moving away
from this particular type of gambling.

It is right decision to decide for not to gambling because if you can get those fun and entertainment from other means then no need to go for gambling. I normally play for a very short period of time like around 15 to 20 minutes each session because after that I will get bored of this game and normally start with 10000 Santoshi and play manually for some time and stop it.
832  Economy / Gambling discussion / Re: why people use dice bot? on: April 02, 2017, 05:40:22 AM
Since most dice gambling sites already have an auto roll feature, using dice bot for simple method isnt good choice to make. But if we had some complicated method and we can't implement it with that auto roll feature, dice bot is a good tool to help us.

But still, those auto bots may not be suitable for the longer term because if you follow some repeated pattern then mostly site may come to know then soon or later you will lose the entire bankroll. So the best way is use manual method and don't stick to same method every time. End result we all know that casino is going win but if one play manual then will have an option to stop when you want it. I usually don't use any bots to play dice game.
833  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: April 02, 2017, 02:14:54 AM

We have a well rounded business and most of the income comes from our MULTIPLY BTC game.

If above statement is true then what your doing is a good strategy to bring more profit to your site. Because everyone knows that site got higher house edge and surely they will not deposit money to play dice game here. But you offer interest on keeping Bitcoins on your site, and these are ready to gamble any time then some people may tempt to try your dice game once awhile with this money.
834  Economy / Gambling / Re: KINGDICE.COM - Bitcoin Dice & Invest in bankroll on: April 02, 2017, 02:10:05 AM
Hey guys! You have a great side as I also said before, but the chat is almost dead there and I think now I know one of the reasons. I just wanted to tip a first person who responded to me on the chat and wasn't able to do that because "You must deposit at least 0.1 BTC to TIP!" Without people tipping each other chat will be always dead. I understand that you want to prevent the faucet abusing, but maybe there are other ways. To be obliged to deposit at least 0.1 BTC to tip is too much IMO.

The reason why is probably because most people with a very small balance of < 1 BTC wouldn't tip anyways thats probably why they have that limit. I don't think the chat activity will be increased if people start tipping each other, it usually increases with more traffic.

Nope, you are wrong, with some tipping it will make the chat alive but they really need to talk about things here, not to spam because usually it will get banned or muted. This is a great thing to make the chat room really good, admin should consider about making this chat room alive. Some trivia will be good too I guess

That is true. For any gambling site to success, they have to keep people on the site for a long time. You can't expect every time big whales will be playing on the site. So you allow chat and give them small tips then most of the small players keep on a play with those tips. In general, it is a good way of promoting gambling site as well.
835  Economy / Micro Earnings / Re: freebitco.in Annual investment on: April 02, 2017, 01:25:35 AM
Lol, its a simple psychological thing. Many many users will simply use at some point dice option, out of 100 users 10 of them will actually keep their coins and make that 4.08 percent regularly, 90 users wont be that patient and at some point will start to use dice game option.....

Yes, that may be correct. Because recently admin has posted a comment saying that most of the profit he gets from a dice game. So it is a clever way of asking people to keep money in their wallet so that they can easily play the game. Also their dice game house edge is quite high compared to other dice game sites.
836  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: April 01, 2017, 02:51:44 AM
many people who like to gamble just for fun, and I'm sure they are people who have very much money. but, if I gamble, maybe I'll have fun too, but pay attention to the amount of bitcoin or money I had, and of course I aim to profit.
I used to play for profit but realize I was always losing instead of profiting. So now I am playing for fun too, specially when you play with the faucet on the casinos, you can play on 10-15 different places with faucet and when you get back to number 1 the faucet usually resets so you always keep gambling without waiting for faucet to reload that way. I suggest to everyone who wants to have fun gambling but not spend any money.

Usually, I will not do that because I'm bored of creating so many accounts and claim such a small amount each time. Instead, if I want to have fun then I will load a small amount on my favourite site then play for some time. If I get bored then I will stop it whether I'm in profit or not. But I will not play with small faucet amount.
837  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: April 01, 2017, 02:48:27 AM
Today I launched a new site that will continue on this Bitcoin Gambling Investment Experiment (even after the 52 weeks is up):




Week 34: 5BTC is now worth more than 7BTC - We have made over 2BTC in profit!

Plot:


Table:



Overall profit looks quite good from your investments. But crypto-games profit after week 24 not so attractive. Less than 5% profit for last 10 weeks.

By diversifying funds you can really increase your profit making chances and you have proved that by timely off-loading some investments and increasing investment on profit makings sites.
838  Economy / Economics / Re: Bitcoin can not replace fiat on: April 01, 2017, 01:28:00 AM
I agree with you. In fact, only a small percentage of the world's population knows about the cryptocurrency. Therefore, the crypto currency will not soon catch up with the popularity of Fiat. And hardly ever replace the Fiat

It is not really able to make it, that is the fact with bitcoin. And bitcoin will always be treated as an investment by most of the people, though many of us are already using it as an online currency. But there would be one day that the fiat will be upgraded into something that has the same idea with bitcoin and other crypto's.

Yes, bitcoins are now considered by many people as investments. This is due to the fact that the price of bitcoin is growing. In the long term, it can grow several times.
Few people use bitcoins to buy everyday products

Actually as of now in most of the countries, we can't buy any everyday products using bitcoins directly because they are not so popular in mainstream business yet. Bitcoins are more popular in the gambling industry. But for investment purpose, it is quite good because of its high price fluctuations we can make some profits regularly.
839  Economy / Economics / Re: Make money from money on: April 01, 2017, 01:07:58 AM
the best way to make money with money is by trading altcoin. Well, even though it is something that is not certain, but, when you have mastered it, you certainly can make money with money even if it is not stable.

This may be the best way now, but not safe. Nobody can predict how the cryptocurrency will develop in the near future. Therefore, when trading alternative coins, you need to be very careful

All investments will have some risks. But some of them are high risk, and trading also is a high-risk investment. You should carefully study the market and always go for long and never leverage lot of money to trade. If you leverage more then you can make more money in short time, but at the same time, you lose all your investments very quickly. So one should start with small amount and learn how these things work. Trading is one of the good way to grow our money.
840  Economy / Economics / Re: Best way for steady income on: April 01, 2017, 01:03:22 AM
The steady income here was doing trade in the exchange platform and joining in the signature campaign or buying altcoin in the ico project at the cheap price then sell it more the amount you invested.

Trading is one of the best source but I don't find it as steady income because not all the time you'll be having a good amount of profit there and even in signature campaign, not all the time it will give you steady income. ICO is another good source of earning but I don't think it will give you a steady income too.
Where you can make a lot of te bucks just in a single click and the right answer is in the trading method. althoug if that was stable income but if you can grab thousands dollars and it is really enough to fill your needs.

If that is so easy to make money from trading then by now no one would be poor. You should know that there are plenty of expert traders lost a lot of money in trading so one should always learn the basics and shouldn't leverage too much to make more money quickly. As per me, we can make profits from trading but it is not so easy and also comes with risk.
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