Many people said the gambling is just a game and another people said it is Investment. How do you think? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The actual definition for gambling is betting your money for catching others money, and it is only the understanding of people about the gambling in their minds that some understand it as just game and some understand it as an investment. Yes, correct putting our money at risk to catching others money is gambling. But in gambling making profit is not that much easy. So I think depositing our money to casino's sites is the actual definition of Gambling. To me, gambling is not about the investment. It is an uneducated way of risking your money. A lot of people think they are investing in a lot of things but they are more towards gambling. Like the US crisis that leads to many people over-invest in housing just because they think they can make quick bucks where they dont even research anything about it. the definition of gambling is placing your many at risk and excite you when you win and worried you all the time when you lose making your self out of control specially when you risk a huge amount i think this particular thing is a big problem if you got addicted or if you are in a bad luck the situation will change you in a very big problem. "Risking money" is a word that could define gambling. As anyone said the same thing about it and it never be an investment since its just for entertainment but though you are risking your money on which doesnt even guarantee you to win, you are just paying them to gain entertainment.
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It's very strange question for me, you just need to put a part of your money in long box for a better times, and the main rule is not to use this money when it's no needed.
You are right, all you need is self control not to spend your money in things that is not necessary. if you can save even half of your money everytime pay day, for sure in times you are in desperate need you can have money to use. some people can't resist to see their money on his pocket or they still not aware that saving on house are bad choice so you better try to save on bank or change your money into other investment like buying house or investing bitcoin Keeping money in bitcoin on regular basis is the best thing to do, as it will also save your money and it can be also an best investment if price goes higher in future giving back good returns. How is keeping money in bitcoin the best thing? I know you are aware that bitcoin can decline in price anytime. It is great thing if bitcoin appreciate but as my issue , what if bitcoin depreciate and neve recover. Am sure you will regret whay you have done such thing. Anyway you can save money by setting 5% to 10% as your saving. No one knows what will happen with bitcoin in future and what price it will hold, and investment always involves risk, same goes with bitcoin too, but you will never make good profits if you don't take a risk. I would say that the best way to hold and save Bitcoins is to hold a coin that is not Bitcoin, lol. There are a few staking coins that have been around long enough that there is very little play in the current price of them. thats nonsense, if i hold bitcoins then i hold bitcoins and i do that really often, in my opinion it is going to become really big so im not spending it at all If you will never spend or sell then how you gonna enjoy the profits mate? People prefer to hold it for long term without taking benefits in short term and I think that is the worst way to treat your coins. Well, it depends on a person on how he treats his coins, because we differ in any ways on our decision and on our plans but still it would be better to enjoy profit even on short term compared on long term plans for me. YOu could actually do both but the word risk is there.
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There are to ways if do not want to invest in services. 1.signature campaign 2.altcoin campaign/mining/exchanging
Alcoin is more profitable.
Let me remind you that mining is not a free source of earning bitcoins but it is the most expensive way of earning bitcoins if you talk about hardware mining, because for that you will need to buy hardwares and gpus etc and for that you will need quite a big capital, and besides electric bill is also something to be considered. Yeah I agree with you mining is the most expensive investment with bitcoin. But if you are going to have a mining well then you are going to get some good amount of bitcoins. And if you want to get some alternative electric source to manage your electricity monthly bill. You must invest too with a solar panel so that you are going to get free electricity. Not a good idea at all even if you intend to buy solar panels for electricity, remember that miners need enough supply of electricity to operate and if you purchase solar panel it would cost you a lot and maybe equals to your expenses on industrial electricity. Also you must consider the maintenance like ventilation and the place you would put your miners there so may things to consider when you plan to build a mining farm.
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A lot of people here gamble to become rich, but some do it for fun.
The question is, if you wake up tomorrow with 50 million dollars, would you still gamble for fun, or would you forget about gambling and do other stuff? Personally I think I would still gamble. I do it now, and I know I realistically will never get rich off gambling, because I barely do it and I don't risk much money, just for fun sometimes, to test my luck. So if I had a lot of money, I would do bigger gambles, but they would still enter in the "for fun" amount (for the new 50 million standard). For example, gambling 1K a month would be irrelevant, and winning with a 1K bet can give you big rewards if you are lucky. It would still be fun, in fact more fun, and it would be as non risky as it is now, in terms of going financially bankrupt.
In real life those rich people or artist spend their money in gambling in casino. Knowing that they have lots of money that whether they lose or win it will not really that matters . That's why staying rich is hard to do they will only realize it once they lose everything so for me of ever I got rich I'd probably stop gambling and tried to do businesses or invest in stocks. those people who do not have steady means of income and they spend their available money in gambling then yes one day they will have nothing in their hands and will be poor while those who will have steady income and will only invest a smaller amount in there then they will not lose their wealth. If you were very rich, we must prioritize first on how to make investment which could make us leverage incomes because in that matter you wont be easily bankrupt even if you lose on gambling because those you earn on investment would still pile up but it wouldnt guarantee you to last long especially if you dont balance your money to spent. Ex. leverage income = $300k/month but you lose big time $500k/month which is negative.
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I will spend all my bitcoins on Purse.io. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If it Really Happens Then I Will Exchange My All Bitcoins Into Some Other Altcoins And Then I Will Exchange the Altcoin Into Cash.... Only this way Remains To Get Back Your Money..... How can you get back your money with altcoin? As soon as Bitcoin cannot be converted/traded to cash then automatically this altcoin will be in the same scenario as bitcoin. Nothing to do but move on, hold bitcoin forget about it and wait till it get to trade with cash again. Of course participate in campaign for bitcoin to be traded back to cash. Correct, its an impossible thing since you cant convert it yo cash in any way because alts are dependent to bitcoin which serves as the roots. If bitcoin would lose its value and cant be converted anymore then all of its pairs altcoin would die also for sure. As he said just move on and leave those coins and hope for it comeback anytime soon. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Loaning a few million satoshis for a small profit.... You better just go ahead with your signature campaign and earn much more out of it with no risks involved.
Well in any type of loaning service that is going to be always risky at all. And it is going to be better if you are not going to have any debt from someone or loaning agency. Because we can't say that we are going to be able to pay our loans. Because that is why people are loaning just to pay again from their other debts. The problem is in the bitcoin world at least in BTCJam, the people used to steal your money and run with it and never paying back, even the A+ qualified users, so that is why I never bothered with loans. Btcjam since the begining had scammer inside, the bit rates were built into the begining for the most. There are some honest people there, but there is no sure they will repay you, thats why all similiar websites that allow people to get a loan and cashout without nothing to hold as colateral are a waste of time and money. I do like poloniex system as they dont allow anybody to take loans, and they cant cashout if the loan isnt paid. Even how reputable the site is theres always a scammer for sure that they would just take a loan then ran away. As you said there are still honest person but dont get too overconfidence with that, when we are making loans to others we must be vigilant to the person to whom we would lend of our money and the most important thing is to asked for a strong collateral than surpasses the loan amount of its value.
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I agree, there are lots of history where people who left their coins in exchange lost everything. GOX and Cryptsy are the bigger one, and there are some small exchanges too like sharex that just close and run with their client's Coin not saying the one posting this message have First hand experience of losing coins to an exchange/trading platform that shutdown.
Yeah true, I remember before I never thought that cryptsy will be shutdown, I was shocked actually, but I learned and that is, it doesn't mean the exchange is company it will long last,..no its not like that just like what happen in bitfinex its a company and many people invested to that exchange but it shutdown too. But it were running without license, and the most of the people didnt know it, i just trust poloniex, and sometimes i let my all funds there, but as are always less then 0,10btc im not taking a huge risk. All should know that the most exchanges hasnt license to run, soo the result will be a hacker attack or closing doors. I even dont even know such thing that most exchangers doesnt have a license to run. I trust also poloniex too but same as your i really dont put up too much money on there or any exchanger like c-cex etc. . I lost also money on bitfinex too for about 0.5 which still a waste of money but i accept already because any investment would have the risk not only to the coin but also to the site that you have invested your money on.
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It is hard to stay away in gambling because gambling is so entertaining, I think the topic is only applicable to people who are addicted to gambling but not us who are enjoying it.
Yeah the topic is really for those who are already addicted in gambling, and we are here I think because we should be the one who will give them an advice how to quit in gambling and also how to be one of us and not to become addicted. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) lol if they live in around my home, i will ask them to join with me to make a new group of people that quit from gambling and make new activity to forget about gambling. with so many people join and they really want to stay away from gambling, the more chance we've got to stay away from gambling. Yeah, it's a very good way. Because something quite fun interactions will definitely left some very bad memories or memories that are too arrogant towards what's new in mind Yes, new activities or ideas will do of how to quit in gambling, and I think friends can also help you to stay away from gambling. They can give you advice or you can bond with them with other stuffs, just make sure that you are not the one who will decide what you should do or else your friends can also get addicted in gambling. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) if our friends can also get addicted in gambling then we choose wrong friends to ask for advice or suggestion ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) so better we really find the right friends to stay with us, give a good advice to quit gambling, or offering us a job to stay away from gambling. yes we need new activities to get focus from what we want and to quit from gambling. In some ways i prefer to have atleast one friend that is addicted to or in gambling industry for a long time. Why?, simply because i do want to know where he/she committed mistake and learn from it . You are safe on that matter, you let your friend experience the consequences in gambling and you just learn from him. I wish I have a friend like that too but I wonder if I can learn from the mistakes of the others, a gambler is always a gambler and we have our own pride to protect and we think we are king and we can beat the house. Well i'm the type of person who watches first or observe the people around me and never do what i think was they are doing wrong. As a teenager i found it as a way of learning. We are on the same personality, which do observe things do surround me and see it as a guide on any actions that i would decide to make. If i saw that it was not good after all then i switch to another way. Thats what i am. You could do actually stay away from gambling if you have a good self control.
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Getting 0.01 bitcoin per day is pretty hard imo, but you still possible to earn 0.01 per day. You can do captcha solving to earn bitcoins, you can spend 5-7 hours to solve the captcha to get 0.01
I've tried that services , that was really consumed your time and not worth for your time. You can joining sig camp for better earning , or mining new coins also make a trading because new coins is rising right now. 5-7 hours on captcha solving to get 0.01 is such a waste of time and be beaten only by signature campaign which your could earn that in a matter of 1-2 hours only. Its better to go for bounty and giveways with that thing for sure you would earn decent amount on that compare on captcha and faucets.
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The blockchain technology is here to stay. The future is difficult to predict, of course, but bitcoin has just begun.
Blockchain technology is indeed very good friends, you are trying to compare it to the BANK system you use. I am pleased with the technology BC than banks, because in technology blockchain (Bc) did not require the identity to make or perform a transaction. It makes my identity hidden in the internet and I can do things safely without the shadow of a Hacker. Indeed the future could not be known, but we can guess with good when looking at the events that have happened in the past Cryptocurrencies are now a 'thing'. Bitcoin, however, may not last forever as there is bound to be at least one better coin by the next few centuries. We would not be here to witness that though but as I am sure of the words "nothing lasts forever" applies even to bitcoin also unfortunately. True statement, no one lasts forever and on anything in this world or on universe, every thing has its own limit. Everything has a beginning and also an ending. Bitcoin wouldnt last forever but im sure that i would take a long time for it to disappear since already many people are already engaging into it especially to those huge investors out there. It can disappear in a split second. You won't even notice it. But it is only one way: electricity collapse. It would bring everything down, including BTC. I think electricity collapse is never happen. The only way to make bitcoin dissapear is no more people that use bitcoin anymore, so bitcoin abandoned by all people and bitcoin become useless. For sure, if no one uses bitcoin and dump it all by its users and losses also its value then its the time considering that its dead already and may disappear and there would be a new beginning again and new crypto would take its place well all things have a cycle in this world.
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It's very strange question for me, you just need to put a part of your money in long box for a better times, and the main rule is not to use this money when it's no needed.
You are right, all you need is self control not to spend your money in things that is not necessary. if you can save even half of your money everytime pay day, for sure in times you are in desperate need you can have money to use. some people can't resist to see their money on his pocket or they still not aware that saving on house are bad choice so you better try to save on bank or change your money into other investment like buying house or investing bitcoin Keeping money in bitcoin on regular basis is the best thing to do, as it will also save your money and it can be also an best investment if price goes higher in future giving back good returns. How is keeping money in bitcoin the best thing? I know you are aware that bitcoin can decline in price anytime. It is great thing if bitcoin appreciate but as my issue , what if bitcoin depreciate and neve recover. Am sure you will regret whay you have done such thing. Anyway you can save money by setting 5% to 10% as your saving. No one knows what will happen with bitcoin in future and what price it will hold, and investment always involves risk, same goes with bitcoin too, but you will never make good profits if you don't take a risk. you are right, sometimes it is really risky to invest into bitcoins in my opinion though i still do that all the time in order to make profit You must risk in order to get decent profits but still dont forget about on lossing since its already part of an investment but majority of us had trust on bitcoin to increase its price in the future which all of us investors would really benefit from that event. You could save money either from your investments or on your day job.
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Did you ever got lucky in gambling and betting? In gambling it will be a great memory to be smiling at if you got the lucky jackpot. In Sports Betting Luck is minimal it is a kind of chance tosser to back your analysis and comparison for a decision. Usually you need luck when its gonna be a tight match it is like a head and tales result.
Lucky in gambling that expected by many people who want get profits, especially for kinds of gambling like dice, roulette, lottery or some card games. I agree that in sports betting back to your knowledge and analyze to determine which team will be the winner but you may feel fortunate if you guessed right. this is a common mistake that people make to think sports betting is all knoeledge and information but it is not really all that. you need lots of luck too. if it weren't this way everybody would be gambling in sports betting sites and getting rich from it. True, even most of people here said that sports betting is better because you can study or get knowledge with some information regarding with the player or team but still you need also luck to order to win because without these no matter how knowledgable you are if luck doesnt in your side for sure you would lose.
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Actually i never saw a man, who has rich from Gambling? I m not playing gambling because i saw a lot of people who has lost everything in gambling. So i want to ask if anyone is here how has rich from GAMBLING ??
Theres a possible rich person on playing gambling which are those who won on lottery for sure because lottery is also a gambling, a winner would actually become rich instantly no questions asked because the amount is large enough to make you rich but on some games its really impossible because you would lose many times rather than winning.
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i will accept my salary in bitcoin, in fact now im join signature campaign and i get salary each week in bitcoin. i think accept salary in bitcoin is best idea to hide from tax.
Unless you're from a third world country and the signature campaign payout levels with your weekly or monthly wage, you can somewhat make that comparison. But when you're not, then the only way to look at signature campaign payouts is to see it as a bonus. And nothing more. You have a point, signature campaigns earning would be decent enough to compare the salary rate in 3rd world countries which is very useful because you won't do hardwork already because you are already earning decent in Bitcoin and it really depends on what country do you live but still remember the risk on Bitcoin because it's not stable as of now to fully rely on. Even if you are from third world country I don't thin that only earnings from signature campaign would be sufficient for living, as payouts are too low and it can take care only of your basic expenses. In 1st,2nd, or 3rd world, the money you get from the signature campaign just enough for buying ya food and the daily needs. earning your living just relied on signature earning that's too bad and at the same time is a bullshit because in this time a lot of people needs the secondary needs and like an obligation. Being in a first-world country, the money I get from my signature campaign is something enough to maybe get something from the dollar menu every day or two, nothing substantial. It would probably be enough to help pay off a few packs of Ramen or something each day and keep you fed, although on a very meager diet. Something like this would be useful for students in University or so, and almost definitely useful for those in third-world countries to help them get food. I heard some of them that they rely on signature campaign earning to pay their bills and even their food budget for the whole day which is really good to know that they could possibly do that things even earning on signature campaigns are not decent enough for many people, i think it really depends on the exchange of a certain currency to their country thats why its big and can buy theit needs. It will depend on the country and the cost of living, if cost of living is not too high then earning from signature campaign can take best care of your basic expenses. you are right, im really sad that i live in a country with high fees as i cannot use signature campaigns to make a living with it, i hope it will change soon Thats really an advantage for them especially if the cost of living is cheap but dont wish to make your country would be like theirs because it would not make any sense to switch places. lol. Signature campaigns earnings are not really big to rely on but still its better than nothing at all.
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From my point of view, I would say medium safety, as bitcoin is still in the early adoption stages. This may be a good sign, a lot can happen to boost the value of the currency in the times to come.
i think investment 1 bitcoin for long term is very safe, the each halving will make bitcoin more strong, then im sure in future 1bitcoin can rise to $1000 again, and now the price of bitcoin only $5xx Yeah long term investment of bitcoin is very good and i am also sure that bitcoin price will be grow up to 1000$ at the end of this year or beginning next year and bitcoin adoption are going to more increase because present price is too much stable and good for buying bitcoin. Good for buying? Yes, but it is not that stable, as we have witness in the past bitcoin is so surprising as anytime it can fall back hard and pump the next day, that is how the market reacts in bitcoin, so if you are doing a short term investment or trading you have a good chance to make more money. Buying btc is good in anyway but in long term profits but if you like to grow it a short period of time then you could do investments but if youre not in a hurry then buy and save up for the future. Bitcoin trading would be possible but 1btc is small enough to feel the profit on doing short trades.
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Every time I lose it makes me want to cry. But losing is something that you can't escape when gambling, so I accepted this as normal and stoped crying because of lost money
Instead of crying after every lost. why don't you simply quit to playing gambling? gambling always make gamblers cry but they still play and play gamble and again they loose. I feel very funny that . how much peoples are stupid here and lost their own money for shit reasons. Because to recover what you loss before, you need to gamble more to get it, by stopping it means that you already depserate and can't do much anymore. This is my assumption, people tend to stop because they dont want to lose more but they dont know they have chance to recover all of their loss with some little profit too. Shit reason? What are those? The reality is we are too greedy and because of that we lose in the end, our failure to accept defeat will lead us to more serious problem. The more we chase the more we are losing because that is not a good decision to make to recover our loses. Greediness wont do anything good in any way and anything you do. Coping up with the losses isnt not a very good idea which could definitely cause you more wrecked and suffer more losses that would lead to more severe problem you may encounter. Gambling makes you cry when you already lose all your assets and even your family.
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Sometimes it happends to me also but not too often, since that we can learn just play with small amount aren't we ? What is the reason? Just unlucky, and you're lucky that you won with small amount tho.
for me it actually happens all the time, i guess it is just a coincidence because if not then it would mean that the websites are rigged yes, it is just coincidence, because if that is true, then we only see reds in high rollers. In gambling, everything is just pure luck. If you want to profit from gambling, then you need to create something (a strategy) that will give you more chances of becoming lucky. There are no strategies to be in profit in casino games like Dice or Slot, if you want to be a professional gambler you have to play poker or bet on sports. This way you can expect to win more than you lose if you have enough skill and experience. Agree, there no such strategies or techniques on winning more on dice and slot which is really an impossible thing. Sports betting have the edge compare to them because you could study and analyze some useful information before you make a bet which lessen the risk of lossing if you are wise enough on your bets but still you need luck in order to win.
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Gambling help me with giving feels fun and happy and sometime i get profit from it (if i am lucky) actually gambling doesn't give me much profit because i just played gambling with low betting. But gambling has given nice entertainment for me.
You should consider gambling as a form of entertainment. You can gain some fun out of it with a chance of winning some money. However, you should realize that "the house" (=casino) is more likely to win and you should only gamble amounts that you can afford to lose. Gambling help me if I win every time, so I would be rich. Mostly people gambling with intention to get some profits but more people loss than win it. So we change our desire to have fun and get some gambling experiences, just like low betting to avoid huge losses and only big bets if sure of our winning. But the sad part is we doesn't know when to bet big on sure win situation and i dont think there's an existing scenario that you can make sure to win on that turn, and the one i've really see is counter part of that maybe some other people wins huge its because the luck is on their side but i dont think it really helps for that people its because it can make him go gamble again and wants to earn huge money from it. Thats right, theres no way that we could predict on what would be the next result on playing gamble in able to put a huge bet and its really impossible since we are only a human and dont know what would be the future on things especially on gamble. If that thing exist then for sure many of gamblers are rich for now and there would be no gambling sites at all. Greediness is a big problem usually on gamblers out there, seeking for more profits after a huge winning hoping for another jackpot but sadly ends up nothing.
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I don't know about y'all but I would definitely prefer gambling over investing. If you're going to invest on some investment sites out there, it's very likely that you wait for weeks/months and then it will only turn out that the website you've invested in is just a ponzi site.
Gambling, at least, gives a result in almost an instant. You don't have to waste your time waiting for the outcome. The risk is the same, in both cases, you have no control on what's going to happen with your money. All you can do is see if you were lucky or not.
I will do disagree with you but you have your own way of thinking about this, investment in casino bankroll has less risks as compare with gambling, investment would take sometimes to make profit there but by playing on online casino we have chance to get busted with luck based games, so if anybody have patience than investment is more better choice for him. Different ideas, different thoughts and different opinions that is how unique people are. Wether you invest or you gamble its up to you because only you and would still be you who will be affected for every decision you do Yeah that's true, all of us know that already, all decisions that we will make will probably affect us, so if what decisions you will make will always affect you and also affect other people surround you if you don't have self-discipline. But for me, gambling is very dangerous especially when you are aiming to gain profit. You your self would always be affected to every decisions you make. You should really have to take risk but for me never in gambling but if you think that you can really benefit from it then go but take responsible for your actions Right, If we really insist to do gambling then its up to you and you must ready to face consequences that may happen in the long run on doing gambling. Doing such decision would be important which you see that you would benefited from it. Investment would be always better compare to gambling.
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It is not a sin until you feel guilty.
You probably feel guilty because you have lost so much money and yet you are back on the casino hoping for a big win back.
You are disappointed with yourself but you just can't control it.
Next thing you know, you are on another losing streak.
Thoughts about how the money could have been better used linger in your head and mind.
You start feeling guilty & it is now a sin, a broken promise, and the loss of control over your own self.
Yeah its not sin if we just thing its just a game. but if we relay in bible and religious it is sin.. We can not change that because its already inside the bible.. Its really a sin in playing gamble in religious aspect but it seems that lots of people doesnt care about anymore on whats written on the bible as long as he enjoyed playing and gaining money they would not have care at all. Well i do sometimes gamble but not too much,i admitted i commit sin but we are human anyways and we are not perfect though.
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