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881  Bitcoin / Bitcoin Discussion / Re: Do we need ebay like site to promote bitcoin on: December 27, 2016, 04:38:16 PM
eBay is not a bad option but there are other online shopping apps like flipkart and Amazon which will help advertise bitcoins better but for now I don't personally feel that it needs to be promoted.

With only one popular site to advertise may not be that effective yet and that is why branding can be quite important for singapore. so we must really make full use of the social media to imprint a sense of branding on btc.
882  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: December 27, 2016, 04:34:20 PM
Gambling site is like some dice sites on gambling section have a good investment i think. They provide profit up to 10% per week, but yeah it's not always profit. I think invest your bitcoin on trading also good. You use it for trading and targeting at least get profit 1-5% per day.

If the profit for investment is high, the risk is also high. For btc investment, there is one thread that shows that 3 out of 6 casinos are not gaining for a period of 3 months of investment. While the other 3 which profit, they tends to profit a lot. So overall, btc investment can be a good choice but do you know which one to invest? Of course not, so having a diversify btc casino investment is important.
883  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: December 27, 2016, 04:32:18 PM
cuz its best currency nowadays
also no such huge fees with bitcoin

The no huge fee is really a great system for me as i need to buy or sell things. I used paypal and sometime the fee can be as high as 20%. 10% is quite normal. I also use bank transfer and it takes like up to 3 days to transfer and 50$ as fee. Only btc is the one which is realise the fee is less than 1% so it is really great. And it has seller protection which i love it a lot.
884  Economy / Gambling discussion / Re: The best way to quit gambling for good on: December 27, 2016, 04:25:17 PM
gambling is difficult to people who has got addicted to it. to stop gambling.....hmm.... will take a lot of time to stop it, but the best way to stop it is don't start it at all.

someone if become addicted is really hard to get stop from gambling, the only thing that person can do is asked for other person help and tell the truth about addicting in gambling so other person can help him. for best way to quit gambling is from ourself that have passion to stop and want to leave gambling for forever.
no doubt about this that stopping gambling especially if you are addicted to gambling is not such an easy job. as i have seen so many people who tried their best for so many time to stop gambling but then did not succeeded. therefore you should try first you reduce playing gambling and step by step try to stop playing gambling.
Yes it is easy said than done. I have been addicted to gambling for last few months and I know I am addicted and loosing money really uselessly, I just deposit money play some bets and loose it.

I mean when I gamble I forget all these things that its wrong and will give loss only , seriously I too need some help from you guys. Don't ask me to block internet or such silly ideas since I have a job online man.

You have been trying to quit and you have failed so far. That means you really need help. First, try to reach out to your family members. They can help you to monitor your progress and come out with ideal solutions and divert your attention away from gambling.
885  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: December 27, 2016, 04:14:31 PM
Gambling always come with a risk to loose , and the risk is getting higher at the current bitcoin price with a daily big increase so it is better to hold till the price of bitcoin steady at all level.
I think increase/decrease of price doesn't matters, folks don't stop gambling if the price rises/fells down. bitcoin price won't be steady, it'll keep on fluctuating. atm the risk is high so is the reward.

Btc itself is actually a high risk investment. It does not like any real world investments where you can estimate the price by analysis PE ratios etc. And with such high fluctuation, the risk of investing in btc is actually very high. Still btc has shown to all of us that it is always survived with all the different cases, and proved that it will be even stronger.
886  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: December 27, 2016, 04:09:17 PM
A little bit late this week but it is the festive season Smiley

We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528!






Its amazing never tried to invest in those site honestly but looks like you have reviewing those investsite like in that chart.. and looks like betking is the best site that actually you can get more profit than the other  gambling site..
And i think you already get a good profit for now since bitcoin also is increased..

Half a year only and you almost made like 100% profit on fiat rate. Even in terms of btc, you already have like 20% profit. But now with only 3 investments, i really hope to see more variety of btc casino invested.
887  Economy / Gambling discussion / Re: Dice Games Are So Much Fun on: December 27, 2016, 04:03:21 PM
Sports betting is also a good way to have fun to gamble your money and no doubt that the chance of winning there is even more higher. And that is an advantage for those people who are in their favorite game and for being an athlete. But you must wait for the game to be finished unlike in dice games it is an instant game, with instant result.

Agree unlike dice games it is decide on a matter of seconds if you win or yyou loose bbut the thing is if you are not lucky and you dont have enough strategy in dice games youll end up loosing in sportbetting if you know the team well then you have a high chances to win but it takes time . Im lucky in sportsbetting than dice games

I guess there is no truly strategy that we can apply in dice games because it is a total game of luck. And the game is totally being controlled by the house and always the favor is with them. However, many of us are getting addicted and sees it very fun no matter how much we lose in the long run as long we dice,that's making us happy.

The beauty of the dice is not about the odds or house edge. It is the system that allows you to adjust the multipliers so you can decide the prizes as how you like. Some people to play for little rewards but high chances, some prefer low chances with high rewards. So dice is able to reach out to a large audience.
888  Economy / Gambling discussion / Re: Crypto trading or gambling on: December 27, 2016, 03:58:21 PM
Trading will require strategy and skill to play. Trading make us learn hard and read more articles or books about trading to fulfill our brain with technical analytics and fundamental analytics. If you good on that, you'll be rich.
Gambling? It's different I think. It's different way to get or loose money.
But the same of both will make you earn more money is you have to play with good mood.


if we are good in gambling then we can win some money but its need luck and skills and experience to be a pro gambling. but with trading, we need time to learn about trading, not just read the articles or books, but we have to do trial and error to find the best strategy to be a pro traders. and for me, i will select crypto trading beside of btc trading, because i think in crypto trading its easy to get a big of profit as long as we know what coins that will get jumped and we can make an order buy and sell it in the right time.
Crypto trading of course, gambling is a game of luck and the it does not guarantee you'll improve your skills overtime but in trading if you will just learn from your experience and constantly adjust your method when you find it not working anymore, you will certainly develop your skills and you can use that to be more profitable consistently.

In gambling, you are fighting on a losing game. The house edge will always make you at a disadvantage. This does not applies to trading as you can improve on your skills to avoid the mistakes that you have previously made so your chance of profit is much higher.
889  Economy / Gambling discussion / Re: Betting on Bitcoin price on: December 23, 2016, 08:36:14 PM
Bitcoins prices have been very crazy all along. Although it has rised steadily so far, but if you look at the hourly performances, it is quite unpredictable. It can go up by $10 and down by $10 a few times within an hour.
890  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: December 23, 2016, 02:26:38 PM

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses.
Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk.

I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased.

What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry.

Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run.
There will be no stopping for an investor to continue his journey, we need an update from the OP of the experiment he is making. I suggest that if possible, he can try to consider a new gambling sites which they think has a good potential to operate longer and profitable. Kingdice is new and it's included in the list, but i guess there are others that are worth a try.

OP already take in suggestions by the others and that is how he got into kingdice. However, i would also like to highlight that although it is good to have a diversify in order to ensure a higher chance of profit, by spreading out too much and giving too little time to sit in any casino, this can be quite a bad move.
891  Economy / Gambling discussion / Re: Can gambling be considered a "high risk investment"? on: December 23, 2016, 02:21:10 PM
Gambling is not a high risk investment. Investment is using your knowledge to make wise decision so that the returns with the probability calculated must heavily outweigh the risk to prove that the investment will be a sound one. On the other hand, gambling is not about making wise decision at all.
892  Economy / Gambling discussion / Re: Crypto trading or gambling on: December 23, 2016, 02:18:46 PM
I prefer gambling than trading cause I can enjoy the game and see the result in short time. While in trading we have to wait the price to go up to get some profit. And it can take a longer time before the price goes up!

But the long wait is worth it if we play the right way. Trading is not always waiting for the price to go up but also playing with the price decrease. That is playing with the price volatility . And if you are looking for short trades then altcoin trading doesn't need some long period of pump before you can make a profit.

I see you didn't experienced yet how trading works. I suggest you to give it a try and you will realized how profitable is trading is.
Yup trading is the best way to make money through bitcoin. The gambling will give you instant money, but if you are unlucky, you will lose your money very quickly. We can not say that we will make a profit through gambling. But in trading, we have a chance to make a profit. There are a lot of people are making huge money in trading. You need just patience to make a profit in trading.

Trading in bitcoin is not easy at all. Even if you learn trading in real life strategies, it does not applied to bitcoin trading. You need to do ton of researches in order to profit well from trading. Even the powerful detectives in the community here may takes like weeks before they can discover flaws so how can you make sure you are able to dig these up easily?
893  Economy / Gambling discussion / Re: Dice Games Are So Much Fun on: December 23, 2016, 02:15:16 PM
Dice games are fun but I find a lot as scams and ponzi's, you'll lose your money easily if you intend making profits rather than going for entertainment and the fun part.

Your message is all over the place. At one point you are talking about scams and ponzi, and another part you are talking about chasing losses etc.

Dice can easily avoid ponzi or scam by playing on rep sites like betking or primedice. They have been around and proven to be quite trustworthy.
894  Economy / Gambling discussion / Re: What would you do with your winnings? on: December 23, 2016, 02:12:38 PM
the decision i make is always changing when it comes to bitcoin. before when prices were stable and not this volatile rising up so fast, i may have spend the winning amount on something nice for myself but right now if i win anything it goes directly to my cold storage and i won't touch it each day is like $100 profit these days.

Bitcoins have been climbing steadily for the past few months and it is really a good idea to keep holding on to bitcoins. If there are ways for you not to spend bitcoins, it would be wise to not spend it and keep it for as long as possible. Yet on the other hand, we also wish the others want to spend more so there is a strong circulation of bitcoin economy going around to make bitcoins high in demand.
895  Economy / Gambling discussion / Re: Do you feel shameful for being a gambler? on: December 23, 2016, 02:09:49 PM
Its really a bad thing but its not a shameful doing imo. Many people here gamble very often alongside of the street. Its like its just a normal thing since they are doing it often.

It used to be like that for me as well in some of the small alley. However, the police start to enforce on all these rules and now there is hardly anymore of these in open area. It is really good to the surround as these people tends to be quite a big bully and unreasonable.
896  Economy / Gambling discussion / Re: Trading vs Gambling on: December 20, 2016, 03:32:00 PM
Trading and gambling have not been good for me so far. However, i would like to trade more than gamble. Gambling is purely base on luck and it is very hard to have luck when the house edge is against you. On the other hand, trading is equally risky but when equipped with the right skills and knowledge, you can eager out the others and take some nice profit home. I have not really profit much from trading but i still have a lot more control over my btc in trading as compare to gambling.
897  Economy / Gambling discussion / Re: Worst mistake in gambling on: December 20, 2016, 03:27:46 PM
My worst mistake was a bet of a parlay of 12 games which I ended up winning 11 but one game and that was the game with the least odds; I could have easily done away with that game and still make that much but I guess I was a novice then and was part of the learning curve.

You will never know how many games you will win. The introduction of parlay is to tempt people to bet more matches at one shoot and make you even easier to lose btc cause it is even more difficult to win consecutive matches. And if we know beforehand how many matches can we win, then everyone is able to take a huge profit out from the casino and it will bankrupt the system. So i would say dont look so negative at it, in fact you could have talent in matches prediction, so you should continue to explore this field and who knows, you can maybe even get tons of profit from it.
898  Economy / Gambling discussion / Re: Dice Games Are So Much Fun on: December 20, 2016, 03:24:12 PM
Almost all people who gamble on dice sites can not repress his desire sometimes he used all bitcoinya to be bet and bet 1.1x. but I've learned my lesson using the strategy in one game all bitcoin

A lot of people will keep thinking that they are doing well in dice just because they can constantly win in dice game. Like what you have mention about the 1.1x trick. I have seen plenty of people since years ago using this trick. I have personally seen people gambling with 100btc at 1.1x, so they just come in to bet one time and usually they will walk with 10btc profit easily. Yet, the house edge eventually will creep in and once they lost, they lose heavily. I still can remember someone lost like 300btc when he encounter 3 consecutive losses with 1.1x at 100btc bet each.
899  Economy / Gambling discussion / Re: Why trading is better than gambling? on: December 20, 2016, 03:20:52 PM
Well there is a huge difference between those two. Trading is something wherein you watch the prices for sometime and then buy when you think that Bitcoins price is at its lowest and then wait until the prices reach considerably higher and then sell those Bitcoins. Gambling is totally upon luck, a small bit of experience and also the choice of the casino/website. You probably should choose a legit site with considerably lower house edge than other websites. In gambling the chance of losing all your deposited money is considerably High too. Also you need to know where to stop with gambling, or you're bound to loose all your money sometime.

Trading, on the other hand, can give legit but great profits, especially if you hold your Bitcoins till the next halving.
 

If you equipped yourself with the right tools, trading can be a very profitable activities for you. It is a good way to grow your btc. Even though skills like candlestick pattern may not works well in btc, a lot of people have profit a lot from trading. However, personally a word of advice i would like to give is that ICO is a dangerous place to go and do your research properly before you invest in any ICO.
900  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: December 20, 2016, 03:17:04 PM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

House bankroll of kingdice is 16 BTC and I guess I find it better to invest with this site that is still starting to build their trust in the market.

Just like this guy's experience.

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

Any online casino is building their trust, so how can you know which one of them are the one which will grow overtime and give you good returns and which one is not?

You need to know that many casino has closed and ran away with tons of investors money and there is no way of tracking them at all. One example that i know is the letitride, it does not even able to have a fully working dice site yet and it already ran away with more than a few thousand of btc.
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