No it won't be worthless because bitcoin is just an alternative payment system no matter how its price rises. It won't take over paper money unless we enter an age where cryptocurrencies are the main money we used.
I also don't think this will make fiat worthless. There are factors that may influence some people to use Bitcoin more often, but an increase in the price of Bitcoin is not the deciding factor. Instead, it's necessary for people to find more merchants accepting the currency, so they will have a greater incentive to use Bitcoin. The value is still base on fiat so obviously it's the fiat that is the measurement of the value of bitcoins you are holding. Having said that, it does not make fiat worthless because bitcoin is dependent with fiat. |
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Another big win for the Timberwolves, they just dominated the Sixers at home. I can tell they are really good at home, and from what I notice, when they win the game it's a lopsided game and when they lose it's a close game. They need to improve their system and must also beat legitimate team and not just poor team like Sixers.
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Bitcoin or gold?
I think both of bitcoin and gold is the best investment, but for security issues, I think gold is better. besides that, if you want a quick profit, bitcoin is the answer which despite having a lot of risks.
Bitcoin have good potential investment.
Bitcoin and gold have their own respective "best case scenarios" for when they should be used as an investment. Gold is used when you're seeking to maintain value and keep your work value on par with inflation, while Bitcoin is a great growth investment and it is amazing for sending money internationally and so. There is no "end all be all" investment. The positive future is always with gold because it's more stable but though investors knew that already they still want to take risk. Before, early investors are making good money because the price grow substantially and if they were able to hold now they are more profitable than investing with gold. |
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Signature campaign , we dont need to invest much just join in campaignsthat your account is capable of. And try to higher the rank. it's good if you only in desperate of a little amount of money, if that's is only BTC0.01 then it would be easy for you to get that in signature campaign but if it's bigger than that they you have need to have at least a regular job I guess so in times of trouble you will be able to borrow money and they will trust you. If you're really that desperate in need of big money well definitely sig campaign would not cover your needs especially in emergency situation.. it's better for us to have save as early as now so we can have funds in the future just in case of emergency.. otherwise we can try to loans. Yes there are many sources of money that you can apply to if you were in a desperate situation but the best way is to prevent it. I agree that having a savings or even insurance will be really helpful in emergency situations So don't wait for something to happen before you save. Save as soon as possible absolutely right, because we never suspect what is happening in the foreseeable future, than it is to save money and use only when needed Like me, I have a regular job that requires me to work at least 6 days a week and 8 hours a day. Still I have 8 hours to burn for a productive things that would give me additional income, the 8 hours remaining is my sleeping time and I do not want to compromise it. It's just a matter of time management and you can have additional job. |
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I got some by selling altcoins, which I mined months ago. But most of what I got in BTC, I bought using fiat. I hope the investment proves to be a wise one for the next few months.
Try to hold also your bitcoin and wait for the right time to sell it in the future.. it's really quite good for your investment and it's really worth the wait. Invest your bitcoin in trading and learn the techniques of it then if you have good profit just let it grow and invest another options like altcoins trading which i think a good profit gaining ways to do. This should be the best investment to do with your bitcoin and most importantly you are willing to wait for you are going to be rich with bitcoin soon. you think with 0.1 or 1 or 10 bitcoin would enough make you rich in the future? i don't think so , even in case bitcoin price reached the highest say like $10,000 per 1 bitcoin it's still far away from rich , if you just rely on something small earning think outside the box and act fast, do a research and try to mining altcoin , do some crypto project , with these you might could make yourself rich slowly but sure. Dude you have to understand that not all people have the same standard on gauging financial status to be in the level of the rich. Some would think that if they achieve BTC1 they are rich already. It depends on your needs and demand in life as well as your status. |
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Sure its gambling what you would say about lotery its just a game? Which you throw money to the jackpot, and play against others trying to get the main prizes. Makes no diference lotery of bitcoin as the real lotery systems, people keep gambling at lotery even with the soo many financial problems showing up.
That's individuals decision and they have the freedom to spend their money, I know lottery does not really make you lose big because you just have to bet a small amount of money hoping you can win the jackpot which normally millions. Even if you have problem, you still have the right to enjoy. |
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In my opinion, no! If you're a newbie to gambling don't do it! Just gamble for fun and not for profiting. You will lose all you have and just be buried in debt.
Not really if you will gamble responsible, regardless of how you treat gambling but as long as you have the factors consider to be responsible then I guess you will last in gambling and you will enjoy your stay, not only winning brings happiness and I sure with that. |
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One of the reason why people can't spend bitcoin in their daily activities because they are speculating that bitcoin will increase in price. So rather than spending, they would just wait for bitcoin to increase in price and take profit on it. Another thing is that bitcoin is good in online transaction but it does not play well in offline transaction where you need to pay to the cashier directly when you are buying stuff. Maybe we need more merchant that accept bitcoin directly when buying items in groceries and marketplaces.
Bitcoin is not designed for in store transactions, cash and debit cards can take care of that without any hassles, online transactions is were we need people spending their coins. Many supermarkets now have a "pay & go" system so people can pick up their shopping on the way home. Groceries is a great example of how you can spend online for an in store pick up. Great advice dude, I guess that business is viable for bitcoin, they can just bitcoins for the payment and their groceries are ready. I like the idea, maybe I will try to study it further and try to experiment here in our country. That's what I am talking, we can get valuable information here by being active. |
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I cant understand why clippers lost today the odd give a handicap of -12.5 for those who happen to bet with grizzlies got a big big ml i bet with the live games and thinking that clippers will bounced back and win after several attempts but grizzlies really play hard..
I know a lot of gamblers does not understand, but let me explain it to you, the clippers has been hot with their winning streak and they play at home that why they got that high (point spread).. Memphis is not a lousy team, they have played with clippers many times in playoffs so they know each other very well and the only difference their is ZBO, he can guard griffin.. And by the way, if you look at gasol threes, he was having a monster night. Just accept it dude, there's still tomorrow. |
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I cant imagined bitcoin can reach that imposible value that your predicting. In fact bitcoin struggle to climb up to 1k $. Well see some changes in prices while trump is president of usa. But 50k is too high to achieve
The price now is possible to reach and rise up to $1,000 but what with the op is saying that he won't die until price won't be $50k That is nuts and the price of bitcoin doesn't have to do with Trump's presidency or whatever, by each individuals consumption we are the one who are making bitcoins price increase. $50,000 is just a dream come true if this will happen. $50000 is really just a dream to happen, it may rise its price but not to high as OP speculated . Its too unrealistic to consider. He would surely die without seeing the price that hes hoping. Reaching that price in your life time is not possible. Maybe it would happen for longer years but the true thing here is that we really dont know on what would happen on bitcoins price in the future. For now im happy that it gradually clings up its price to reach $800 better to expect the $1k price first before you go beyond . I wouldn't be so deadly confident about that. Bitcoin jumped from zero to hero in just a few years. Today 1 Bitcoin costs over 700 dollars while some 5 years ago it cost less than 50 dollars, and a lot less before that. I think it will be much easier for it to make the next jump to 5 digits from where it is now than it was to jump from a few cents to a few dollars when Bitcoin was in its infancy... First moments of life are most risky for anything and anyone We should have patience when it comes to investing, though we think the price would that be big in the future but it's not good to be unrealistic when it comes to making a decision making investing, if it will surpass the $1,000 and will turn to $50,000 in the near future then that is something we should celebrate but that would be a long wait. |
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At this moment with bitcoin increasing its price every week, my strategy its storing them and wait for higher prices. When bitcoin prices increase the risk on some inversions (like lending).
I am glad you have spot it that it increases every week, I wish what you saw is what I saw also. If only that I can see that it's increasing per week then maybe I will be making a lot of money now, the fact is it's not increasing that hard because it's unpredictable as many have said. By saying increasing per week, it's like saying that bitcoin is predictable. might be much better to say trusting for possibility to increase is high for us who's holding btc but predicting is not really easy for all of us we needed deep analyze before we can say what would be the coming movements but trusting it and just ignoring the price will let us gain good profits in return when btc hits the big gain again can't say when will this things happen but i'll wait for that best time to sell my holdings. Definitely, you are right we are just to confident about the price increase but it does not really guarantee that the price of bitcoin is increasing regularly. Bitcoin will increase because of the demand but the demand is not consistent enough to see one way movement of price only. no one knows, that demand the price will rise soon or not, if people know about it, they would be rich people because it is always a profit on the trade. we can only predict the price may go up Yeah of course because we are only betting on the future of bitcoin, although it's very progressive now but there's no guarantee that the price will increase the way we expect, it's still risky for every investor, hence it's advisable to put only the amount we can afford to lose. Investing what you can afford to lose is the rule of thumb anyway. You are absolutely correct because there is no assurance that you will be able to make profit in the future. Although you are too confident but never break the rule, you will regret big if that would not succeed. |
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Those panic sellers just looking for profits, the price reached $700 and I thought they have been planned to sell their coins at that price.
However, the price increasing so good today and we will reach $800 soon, and they will going sell coins again, lol.
i think the definition of panic sellers are those traders who getting easily baited by troller and when the price of some coin which they were invested falling even just a little,they're blindly selling to avoid losing even though it make the condition of the market even worse,if they're selling when the price just reached the highest or because the price were high enough,it's definitely not a panic sellers but a sellers who take advantages of the situation They do because they lack knowledge and they just follow what the people are saying, when you are a matured trader you wish to see a panic selling so the weak hands will dump and you have now the opportunity to buy cheap bitcoins. |
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Trading is a less riskier than gambling for at least you can set a stop loss when you see you are losing bitcoins. This should be a stady income if you do it right.
I'm currently creating an ebook about how to trade profitably. will anyone be interested to this? PM me.
Trading creates a steady income if you write an ebook about how to trade profitably, if you are not a writer then HoDl It's not called profit from trading but from writing an eBook instead  . Trading can't give us stable profit because altcoin price is really violatile and unpredictable so in some day you will be profit or loss. I do agree with that but just like in gambling, what matters is we win in the long run. In gambling we lose in the long run but I am pretty sure it's possible to win in the long run in trading. |
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The best way, in my opinion, is just to have fun with it. Don't gamble for profits and play for fun. But in the even you get to win something big, then cash out and walk away from the table. Gamblers must learn when to walk away. Don't gamble when you lost your supposed bankroll and walk away. If you do reach a certain percentage over your bankroll then walk away. Don't let the house get it back!
I think that's it's the smartest way to play as well, by thinking gambling is for fun you can minimize your loses as you understood that when you chase your bets or spend more time in gambling you will probably gonna lose, that's how a smart and matured gambler would decide. It is the smartest way of gambling this is the same thing as my friends are telling me. They keep on telling me that don't gamble for profit. Because if I lose and that is my reason for gambling then I will suddenly get hurt when I lose. But if I just enjoy the game, then if you win then thanks but if you won't just enjoy it. Yeah, that might work but you still need to manage your money before going in a casino to bet. Playing for profit isn't a good way because you're going to care about the lost money, making you bet more and more every time. What I found out was that playing with small amounts can be as fun as playing with high amounts, maybe even more entertaining because you want to get from an in considerable amount to a few dozens of bucks. If you lost, you wouldn't have what to whine for afterwards. Definitely, that will be on your mindset if you will think about the profit every single lose you made will sick to your mind. That's why when you are gambling your money, just enjoy your money and every single moment that you gamble. And be a responsible gambler learn to manage your money properly and that will make you smart. Yes smart gambler will know how to manage their money in gambling. Due to financial management in gambling is needed, if someone gamble without being able to manage the money they would spend more and become addicted. Playing with restrictions in placing a bet that a very smart way in gambling. That's kinda irresponsible gambling, every gambler must learn how to manage his money because in the first place we are advise to gamble what we can afford only, and also we have to limit our gambling habits and do not make it regularly as you will be prone to addiction with that. |
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Yahh bitcoins are used for ilegal things like smuggling of gold, drugs etc .but even if u do so u are doing a bad thing which is not recommended at all. So u should start doing bitcoins through this forum ..kudoos  That is certainly true, but not all of them use the bitcoin for illegal activities. Many also use bitcoin for their needs to transfer between countries so that they need not bother to exchange currency with a big enough fee. Just do something a good thing and not have to think about the negative impact when there are still many people who use the bitcoin for technological advancement. any illegal activity will definitely give you the worst thing for us, because it was so opposite of the law that is already made We could not really tell if they are using bitcoin for illegal activities or not because it's anonymous, and whether they use it or not it does not matter as long as bitcoin's economy is progressive and the majority will be benefited. |
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I really like playing dice casino games as it's the most common gambling game and the easiest to play. Second would either be 21 or the plinko style ones. The plinko ones are nice because even if you lose, you don't lose all of your BTC. But there is a transaction fee everytime you send it.
dice always be number one choice for most gambler , but i think that game like for a lazy people . there is no fun , no skills involved , just nothing . plinko are better game honestly. and balckjack always be favorite game for everyone i believe. Definitely on most gamblers because most gamblers do not analyze the game and they are just gambling base on their luck, in addition they also want a faster result and with dice they can have that and even if you want to play anytime you can do it with dice. Sites are 24/7, so it's convenient for most gamblers. |
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In my case, it's the opposite. I didn't get rich from gambling and just lost 3BTC in the process. I just gamble with faucets money I get from websites and just max bet it and hope it wins something big someday. Well, that would probably be a long shot.
hmm.. interesting.. Cen you tell us from which faucets you earn 3 BTC? To eran so much it for sure is long process.. or maybe you hold this amount from the times when faucety giving away 1 BTC per each claim? But it is not bad if you lost money only from faucets. Actually, they are there to lern how work Bitcoin. For sure it was a good lesson for you .. many people who lost their bitcoin just because of gambling, but they are not just looking for fortune in gambling, perhaps most of them only have a hobby of gambling. if they lose in gambling it is a natural thing, and if they get rich from gambling, it is a bonus for them. honestly, I know the gambler who has a lot of money today. I always try to follow his directions, but it never works I also tried to follow sport betting and they have been proven to win and profit overall. But end up i also lost for either of them. So it is still best to control your destiny and if you are really good, you may profit from poker or sport betting. Your passion plays a vital rule in gambling, a sports enthusiast should focus in sports betting, in that way you have a good chance of winning as you are not lazy in finding ways to win, like analyzing your bets and that will make you a good sports handicapper. It is more than sport enthusiast. To analysis the factors of the matches requires more than just passion, you also need discipline and knowledge. So that is why a lot of people love to watch sport games but they can just treat sport betting as a leisure and not used it for long term profit. There's a lot of factors really needed but you can analyze the games with the information you have, besides whether we analyze it right or not only the outcome of the game will tell that we are right or wrong with our prediction. |
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i like using bitcoin much insted of cash there are plenty of reasons some of them everyone know like milletry grade security and privacy but i like the most is its transparent network , anyone can see anyone's balance or anyone can sew fron where a user recived or sent their bitcoin which are not evwn possible in banks
I have to add the convenience of using it, as an important aspect regarding Bitcoin. Using it you can send and receive money simply and safely. It's understandable that at first, people may have some difficulty, because it is something new. But in a short time is possible to realize that it's a user-friendly payment system. It's not really hard to understand if a person is an open minded person, willing to accept changes at all since this world is moving. We should not be left behind, bitcoin is here to help us and the economy as well. Cash and bitcoin are both useful so we have to use it and only choose depends on the situation or a specific kind of transaction. |
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Saving your bitcoin in your bitcoin wallet is like investing, Because price of Bitcoin goes up and down . Still i have Bitcoin save in my Bitcoin wallet and i also have investment on gambling site. What i am going to do with my saved bitcoin is exchange it later on when i know i will get profit.
yeah, save bitcoin will be the same as an investment, but it includes investments that have a low risk, because your bitcoin will not decrease unless you use it for certain investments bitcoin I have a wealth of 30% only in bitcoin, and others I keep it in a fiat There's no worrying if you just hold it for a longer period of time, in that way you are convince that the price will increase and you will benefit. The future is what matters and instead of venturing into other investments just save continuously your money into bitcoin and you shall receive great rewards. |
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How much does it cost to build and maintain a website like primedice (for example)?
Hosting,programming,design and advertising costs?
I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,
but i don`t know from where to start.
I don`t know if this is the right place to ask,but can anyone answer?
If You Want to Start A Bitcoin Gambling Site Then Firstly You Need a Good Amount Like 100 Btc For Your Bankroll, Website Domain and Hosting and Advertising and If You Have At least 100 Btc Then You can Start a Bitcoin Gambling Site Otherwise its Not Possible...... Yes, we need big Bankroll, but you can start if you have 60+ BTC, yes to creating a website and maintenance team cost and to promoting your website within 10 BTC you can manage. But you need money to run your website at least 3 months. So first set your limit bit low and start. When your site began to give you profit like that you can increase your limits that;s it. 60 Btc would already essential to put in the bankroll. You are right better to set low limits since you are just starting and if you observe that its already gaining profits then thats the time to make adjustments. 3 months would be a good observation period but before you can set all this up, you will surely pass first to those important things like promoting your site, if it doesnt get good amount of players then for sure your site would not last long. I have that 60 BTC, I would just probably invest that in different gambling sites. It's hard to put in one basket as that's still investing and I think with that 60 BTC is not enough to make a successful gambling sites because you still have to pay for the promotion and other necessary things to pay. |
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