Yes, almost of the gamblers maybe 90% of them losing money on gambling in the long run .Many gamblers are not aware of gambling is just a site who will make money on us .they dont abuse us or force us to lose big money only people do.
you're right, I guess it is because a player gambling addiction, and it resulted in their origin play. Well, sometimes things like this happen to those who are truly addicted in playing jud. but in some cases, losses in the long term is also caused by a lack of self control The self discipline is one of the most important factors we need to consider in gambling, we cannot be successful if we do not have that, we cannot be happy without temporary win by saying we are lucky as when we still gamble we are subject to losing in the long run. |
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We all know betting is better then gambling because you have a certain degree of control. I wonder who of you have gone from gambling to only betting now much did your profits increase and what difference does it make ?
Betting is really good for me yes you have a certian degree of control when you are playing with your money since i am playing in bustabits i can really say that every time i make bets i can cash out that fast and earn profit and i can also increase that by waiting for the right time . Betting is gambling and gambling is betting. They are just the same thing and how you are able to distinguish that they are different. There is no better for both of them as they are both fine and still playing for your money. Risks are the same, no change. Whether you bet with sports betting or not, as long as you put money for a game that is gambling. Yes it is betting is gambling and gambling is all about betting they just throwing money and the same thing is you can make profit but you will lose lot's of money first before you learn about the playing strategies and the big risk before you gonna earn is the struggle betting on sports is good and gambling is you need to control. I think that is unacceptable to say "just throwing money", no one is throwing money here, we are in gambling because we want to test our luck and we have goal to make. Even if we lose, but at least we fight for our money as that is very important to us. |
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You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.
In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money. That's right it's profitable but only under the condition if you succeed. The amount of money does matter a lot but always put in mind to put what you can afford regardless of the amount, you are the only one who can determine what amount you are comfortable in putting. |
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I do not mind the economy of the US or whatever Trump will bring, one thing I am sure is that I am happy that I am on the right side. People think it's an easy bet and clinton would win but it's really true that the only way to make money in gambling is to fade the public.
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Holy shit.... I just won 23.23 BTC on BitStarz.com I've been playing there for a while but never seen a win such as this. I really really needed the money too (probably shouldn't have been gambling, but I'm glad I did!!!) I now HIGHLY recommend www.bitstarz.com to everyone else. Soooooo happy right now!!!!!!!! THANK YOU THANK YOU THANK YOU! Any tips on how to win that big amount of bitcoin in that website i want to win also to become that rich one day and i will hold that for our christmas and for my birthday celebration also can you share some techniques that you did there? The tip is very simple dude, you should be extremely lucky to be able to win. This guy if he is telling the truth that he win that big amount is a very lucky guy. It makes me wanna gamble again and it's good to aim high like he do. |
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Almost all world shocked, I wonder how much money sportsbooks made from this election. I know people bet for Hillary from less than 1.50 odds and all were lost. Such a bad mood change for losses. Democrats lost 2 times, they have to face Trump presidency for 4 years besides they lost their money.
LOL! I really thought it's a no brainer bet, the public was all over clinton and they are pounding it hard. It's really hard to trust the media, we thought people in US does not like Trump because he is too unpredictable but the truth shall set us free. Accept our loses and welcome the new president of the USA. |
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yeah i spending bitcoin in low amount and some bitcoin i hold for the future and becuase bitcoin will be increase its price too much higher and i will be get a big profit from bitcoin in the future.
There are some cases that I don't want to spend my bitcoins and just to hold it completely. But if there is an emergency I don't have choice but to spend my bitcoins or sell it and convert it with fiat. So, after spending it I am regretting and feeling sorry that I used to sell my bitcoins when seeing the price increasing because I miss the profit. You don't have to feel sorry, its true that right now is better to buy things with fiat instead of using bitcoin because its reevaluating itself, but by spending your coins you are helping the bitcoin economy. bitcoin is rarely in use to buy something in each country, only the real money that we can use for now, the possibility of the future can also use bitcoin to buy something we need Agree that someday bitcoin can we spend even in local stores not only internationally, continuous believing in bitcoin can help to make life of bitcoin to be much stronger and it would be great currency in the future. If that happens it would be much easier and safer for us to transact using our bitcoins. You no longer need to bring cash to purchase something like in a mall or grocery stores.. I hope it will be available soon also in my country. That might be available but the majority of people cannot benefit it, only us who are very loyal with bitcoin can get that benefits. The fact that only few of the total populations knows and adopt with bitcoin a store will not be profitable if they solely accept bitcoin instead of cash. |
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I never contrasted these two currencies. They're both good. Each on its own way. Each of these currencies has its drawbacks and benefits. Anyone who knows how to use both of them are very good financier
They are certainly both good especially for us who uses bitcoin, because we need to convert bitcoin with USD and that is what the bitcoin is depending its value. And if we will just combine them both they will going to be a very powerful type of currency that has being used worldwide. I hope to see that bitcoin was being used by billions of people living in this world. Bitcoin being used by billions of people around the globe is just a fantasy with zero chances of actually happening. The media and mainly the government will make sure of that. There is no way that governments will let Bitcoin grow to a level where it's being used by the billions. Mainly because it will significantly impact their own economy. If the governments wants to prevent you from having one thing, then it will be the fact that Bitcoin gives people financial freedom. You being able to operate outside the banking and governmental system is an absolute nightmare for them. Right now while Bitcoin is still a tiny dot, they somewhat tolerate it, but that won't always be the case. I should agree with you on that, that's too optimistic yet a very unrealistic prediction. We will never reach to that level as we are still relying in fiat. We cannot make our own government as we are just a small community not legally operating. |
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Yes, in terms of being able to handle difficult situations. Just look at that one NBA rookie, no money yet, then started gambling with the big boys. Won, and kept on going, and the owed tens of thousands of dollars, and tried to win it back. Didn't have enough money to pay, and later on they told his agent they were going to kill him. With experience he would have known to just walk away when he was up. He learned from that mistake, I think never gambled again.
Exactly, experience works that way on how you will handle crucial situations as you gamble. But with your given situation that is a different way. Let's just take it lightly, for example. You only have small amount left and you are into crucial situation its either dead or alive. So usually you will yolo with it and you will wish that you will have bigger chance of winning. Good if they learn from there experience, but there are gamblers who have been playing fr a longer period of time already but still they do not have the ability to control themselves. For me, discipline is the most learning a experience gambler should have. |
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If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil. I would still cash out a few provided fiat could still buy products. If everyone accepts bitcoin it doesn't matter.
if you know deeply about bitcoin and think about long term investment you might will keep it forever nowadays bitcoin shows a promising movement look at how bitcoin price jumping every year you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow. It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment. |
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maybe because gambling with bitcoin keep us stay anonymously , and some people afraid if they can get jailed if gamble with fiat, maybe my answer will same with the others but that is my opinion, in my country gambling is illegal , and gamble with bitcoin help me much
that's the power of btc because you just need an internet then you can enjoy and play, also the reason why many gamblers supports this types of gambling no need to sign up or reveal your personal info. Many will rely online gambling and bitcoin will give them the satisfaction that they are looking for. Because of its anonymity and fast transactions. Many gamblers will love to use bitcoin as they gamble and it depends on what type of gambling game they will going to choose. No need to go for real casino's, you can just simply visit a virtual casino at your home. Gambling houses are looking for non-reversible payment system to protect themselves from scammers and possible bankruptcy. Gamblers are looking for anonymity as well as hassle free payment processor from taxes. These two expectations are meeting at a point just due to bitcoin payment system. Yes, it is highly beneficial to both gambling houses as well as for gamblers when using bitcoin payment system. Therefore with your explanation, it is very possible that the future of bitcoin gambling will boom which is slowly happening now. Bitcoin will rule the world of gambling as it's simple and easy to do and we are not tax here. Government cannot control us even in some countries that gambling are illegal. |
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Trading is really an unpredictable job because you are combatting on the price movement on a particular coin or currency . Forex trading is somehow difficult to trade compare on trading into crypto currency because price do move every second which means it has more active market and we all know that and thats the difficult thing on forex unlike on trading on cryptos its somehow the same but movements are too slow .
Trading is almost the same with gambling, you are just predicting the price and since we cannot control how the price move sometimes our prediction is also wrong, we need to have a long term goal if we are really interested to make our venture profitable as not everyday we make profit in trading. |
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In my opinion i do not like bitcoin to be under by government because i cannot enjoy the small transaction fees and also the posibility to make the price stable to limit the users profits/income.
Don't worry pal, it wont happen anytime soon that government would able to control bitcoin hence as we all know bitcoin cant be controlled by anybody because its a decentralized digital currency no matter what they do they cant impose taxes on it which means these assumptions are imposibble to happen though, if its implemented I think would really takes time because there are lots of things to consider first before this regulations would be effective. regulation =/= controlling bitcoin of course they can not control bitcoin, bitcoin is decentralized and peer to peer. but they can control the businesses though. and also they can control the customers. besides i don't know why everybody is so afraid or even against regulations. aren't we all paying taxes right now when we purchase stuff from a supermarket for example or pay the bills? the only difference would be the fact that your supermarket may feel safer in accepting bitcoin if it is regulated. I agree with you, regulation and controlling bitcoin is not the same or equal but if government would able to imose tax on it , like on businesses and its users then its likely they have the control of it even though they dont have access on the whole system of bitcoin as long they are getting taxes from users and businesses. Its just like that. Almost. But there are some who will rebel from this. Maybe creating something where you can buy bitcoin without the tax. Tax evaders. Not a problem with bitcoin if it is p2p. I dont think they can trace every deal that will happen. There is an offline wallet also so they cant tax some users. They cannot trace it for sure, bitcoin is anonymous and though the government can see how big the transaction in the blockchain but they do not have the idea of who is owning the money being sent and receive. They will be having the hard time to tax us and I think it would not be possible. |
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The primary lessons after I gamble is that never put all your money
in gambling. We need to rethink well when we gamble, not to be
addicted on it and play moderately. And, I learn not to play again
because I lose all much my btc.
You just have to calm down in gambling or else you will chase and lose your money. That happens to me most of the time so I know what is the feeling when you are losing, you have to control your emotion as that is our weakness to lose big amount of money in gambling. |
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If it's for fun then one should not gamble with money. My reason for gambling is solely for profit, when profits pile up its fun , that's where the fun is.
No mate, it's different to you and the others. In gambling we need to spend our money if we want to have fun as that is the main requirement needed if you want to be entertain. Other gamblers just misunderstood it as they believe gambling is not for fun alone but also for making money. Of course they failed. |
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My strtegy is very simple. It is called self control. i strt with .01 anytime i get more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat
Actually it's good yet bad too. Why? Its because of the amount you start of which is 0.01 and it looks like that a huge amount for you and betting with that high in just one just to get 0.001 is too risky. And you can even just win that at 90% with that bet amount. So rather prefer to bet with lower amount and win that than risking that amount in just one bet. He didn't say anything about the multiplier that he choose. He didn't say that he's betting at 1.10x for you to assume that he only has 90% winning chance. It's not exactly 90% by the way because of the house edge. What he's trying to say is that he stops once he made 0.001BTC out of 0.01BTC. Maybe he's doing low amount of bets until he reach his goal. Setting a goal is a good strategy in gambling but the problem is when he lose all of those 0.01BTC even before he makes 0.001BTC out of it. There are times when you're so unlucky that you don't even get into positive profit from the start. Betting the high odds to ensure good percentage of winning does not work to me all the time, the house made the difference and we will never gonna win in the long run, if you really want to have bigger win then it's betting to bet for big odds and if you are lucky then that's it, you will win big. |
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This can happen but not because of bitcoin having a high value but because america has fallen and dollar is very cheap. I do not believe bitcoin will reach $50K in our lifetime. Maybe in the far future, it can happen but we will all be long dead before that happen. I am already happy if ever bitcoin reaches 2K.
yeah I do not think bitcoin can cost as high as it was when the price of the dollar is strong and there is no event or any event in the world, I'm sure the price of bitcoin will not be more than $ 1,000 How sure are you with that? I do not think there is a limitation of the price of bitcoin as it is the people who supported bitcoin will dictate the price. We have already surpass that price in the past so I do think we will not be able to achieve that again. |
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in a chinese quotes
10 people who bet, 9 loses, only 1 win
Well i guess its true, even most casino, betting edge is only 1%, because of human's nature, we tend to lose more than we win, else casino will not make profit
True. Because I am unable to remember when the last time I completed a day with gambling with profits. I remember I have made some profits in gambling but never finished a day and withdrawn profits. Maybe the reasons are failure of emotion control and being greedy, just to multiply my profits I was never successful to finish my gambling with profits. That is because we do not have a proper game plan, and if we have we failed to follow it because we want to have a bigger win even having only a little amount of money. Don't worry man, I belong with the group, I am also a big loser in gambling and I think I will not ever win. |
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I'd probably do it again, because for now I'm too much addicted to it, but my bet amounts would probably not change  . Just be careful for being to addictive in gambling mate. Regardless if you bet big or not you still need to control yourself and avoid being greedy because most of the time gamblers lose a lot than making any profit in gambling. That's actually true, you need to be very careful while in gambling as even if you are rich you might lose all your wealth when you will put a big amount that is not already included in your budget. Just always bear in mind that gambling is a very risky game and you cannot make this as you way of entertainment if you are not responsible enough. |
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I have $100,000 to invest but want to safely double it in a year. Any suggestions?
you may invest it to real estate/land, large companies' stocks like microsoft, google, disney, etc or you can holding bitcoin until the price go to moon again. I think which you give the option, in this, Land is better and also he has a big amount to invest, but stocks exchange is just like Altcoin trading, But in my opinion, now he has come in bitcointalk, so better is that just choose the bitcoin, actually, in bitcoin letter bit risk, and bitcoin is more safe-sound way, So choose the bitcoin, may be in future, You realize bitcoin is more better than others. Investing in land or real state is a very safe option but it no easy to double your money in it, since the safer the investment the less money you get, and the bigger the risk the greater the return. I agree but the amount of money needed to be successful in the investment that we choose requires us to put a bigger amount. If you can increase you amount as stated in the OP the better but if not better look for another investment. I guess holding bitcoins would be possible this time. |
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