I actively spend my bitcoins since I see bitcoin as a currency and not as an investment. I spend bitcoins in a variety of websites accepting bitcoin such as Steam and Microsoft.
Bitcoin is a good currency since we can transact very fast in online and we can get the benefits of the low charges. I have been using this as a currency also in my gambling need as I cannot end a day without putting some money in gambling sites to have fun. Well that is true but thanks for the information about that site of Microsoft are now accepting bitcoin. That is going to be convenient that I don't need to use paypal for paying some license to them. And there is going to be another way to spend my bitcoins actively but not that too rush. Still I am going to consider of when. Really? Microsoft already accepts bitcoin to purchase licenses then its a really good news because lately im using paypal to purchase online but now because of bitcoin i could already purchase easily on online but hopefully i could also purchase offline. All of us are hoping that we could spent our bitcoins in our countries especially to those who not yet being adopted. |
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Many people said the gambling is just a game and another people said it is Investment. How do you think?  Expect to have different answers from different people since they have different view when trying to ask what is gambling for them. For me ,gambling is just a game which involves money and you can grow or even lose your money with it. If you play gambling you already know what to expect on what would happen to your money. I never heard that gambling is an investment since theres no guarantee that it wuld give you stable income with it. maybe its an investment but to those gambling site owners itself. |
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So final conclusion is that its allowed to sell bitcointalk account, but many of us share opinion that selling accounts leads to some scam or fraud. Can we find a solution to stop this account buying and selling?
Can we move this conversation on next level by starting to talk about preventing of this trading with accounts? What can we "little people" do about this? We don't have any real power on this forum, and I don't see we can do something about it. Am I wrong?
If it is not prohibited or banned by the staff members of this forum then we can obviously not do anything about it except not doing it ourselves if we don't like it, or to tell others not to do it otherwise they will get negative trust from your side, it may somehow prevent users to sell or buy accounts, but i think that wont work as well unless admins take any actions against this. Even if you put negative trust to those for sale accounts on some but sellers are clever enough already to use new account and dont show the for sale account because it would decrease the value of the account if it putted by a negative trust. We would have a hard time to stop this thats why the forum itself dont bother anymore with this scenario because its really hard to stop someone who sold their accounts to anybody. Its like a virus even how hard you stop it you cant really stop to spread. Im just giving an example . Even how hard do the mods to stop the selling of accounts they would still keep selling and they cant tracked what account has been sold to someone. Thats why they dont care anymore to stop it. |
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Have you ever lost Bitcoin?
If that happened, why? Was it your own fault, or were you scammed?
Just go to Investor Based Games and for sure if you invested in any of the ponzi sites being promoted there you will loose Bitcoins, as a newbie before I invested in those kind of sites like scrypt.cc, cloudminr.io and ore-mine and all of them turned out to a SCAM so I lost some Bitcoins. My fault, stupidy + greed = scammed  That is what happens with almost every newbie because they want to earn quick money without any knowledge so as you mentioned stupidity + greed = scam, so this rule applies on almost every newbie at first and later on they learn their lesson so they stop doing that again. Yeah they are just lazy and looking for no skills that they can earn without doing nothing.. they didnt understand there is no company that you earn bitcoins for free without doing nothing, almost all online jobs or task needs to work hard to able to receive payment or earn from your hard work. That's not the only reason, they also never learn from their bad experience. They could continue to invest at similar ponzi/scam investment many times even though many people warn those newbie. I even saw a newbie who got scammed in 7 ponzi cloud mining because he didn't learn from his bad experience. True, thats why ponzi sites keep to exist day by day week by week because the are lot of fools keep investing to their sites even they know already that they would get scammed in the end. Dont know really whats the reason why people keep investing , they are really just throwing their money and making rich those scammers. |
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if i win small then i will just keep it as my next capital for gambling, when i win big in gambling i plan to have vacation with my friends and buy a lot of souvenir from the place i visit, so all of my friends can enjoy my winning, but up until now still havent win anything yet, even in small bet i also lost
Most of the gamblers dreams the same, to win big and share it to those they love, but most of the time what happens is they were busted and their dream won't happen and if they win, there is sometimes a diversion in plan and save it and sometimes due to urge they'll just gambling it away again.. So the money just pass by their hands... But anyway, last time I bet with my friend on a guitar show on who will win, and then our bet is 10 dollars and I win, and after winning I just told him that we'll just use the money to drink liquor...  If you are a person which had a strong discipline and control with yourself then you would definitely keep those money and buy something with that. You are right some gamblers intend to play more after winning large amount because of greed and thats why those money would flew away without any money left in the end. |
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Good to know there's so many people believe bitcoin will still exist for 10 or 20 years.
But i think, if peoples with huge amount just saving their coin, it doesn't move the price to increase. Just trade it.
Many people have high hopes for this project to last long in upcoming future years especially to those large holders of bitcoin. You have a point as of now they must trade those coins so that the price would increase because holding those coins for so long wouldnt contribute to increase it price. |
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Gambling is not same as any kind of investments. Gambling is for entertainment and it is not for making profits but investments are made for earning profits. Both are completely different but many gamblers use gambling for earning quick money and end up losing money. So as per me gambling is never considered as a investment option.
Right, gambling is not an investment because its build for entertainment which also risk your money there. Therefore you must not expect to get profits with it but if youre lucky then you might get decent amounts but it does not really designed for aiming profits it better to go with some investments. |
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Probably use them as normal cash. Trade them for USD and spend them. Investing is a thing I have never liked anyways.
Better you trade BTC or ETH. because both crypto has extraordinary growth and they may be competing and giving something that is best. La native I could've, so later the alternating red and white bende to decrease. the spirit of It is better if you are going to invest in alt coins because that amount is going to be sufficient but I would say that don't invest that amount so that you are going to have another source of it. And maybe some part of it is going if you are going to build up your own mining farm and some of it is just going to the cold storage. . Building mining farm nowadays isnt profitable already unless if you have very very cheap electricity in your country then its possible would 10btc amount you could set up your own mining rigs but remember it still costly on the long run regardless to its maintenance . Alt coin trading is good but be aware of those scam coins out there. it's depending about what coin your mining now ? if you mining bitcoin you can't reach ROI in 1year, but if you mining altcoin like ethereum, etc, krypton, expanse, of course you will take ROI in 7month, i think it's not bad. i can say it because im miner too. Maybe it really depends on what miner do you use, like s9 in mining bitcoin i think the roi in that rig would be 6 months i guess depend on the electricity cost because s9 had higher hashrate and the latest as of now. I do also plan to mine altcoins like eth but dont have any idea how to do it. |
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No safe methods friends even the people who do arbitrage gambling also give loss after some bets. The only safe way to bet is bet small and only what you can afford to loose, never bet what you need to pay for or money you really don't want to risk.
Yeah, it is actually in the gambling no secure method. Because gambling has always been in the risk and any risk certainly needs a way to minimize. So gambling there are only methods to minimize risk is not to minimize the defeat Yes you can certainly minimize risk but you couldn't say it is a safe method. Safe method means you have an assurance of not losing your money. Safe method mean 0% loss I can't think of anything related to gambling with a 100% win rate if there is it is not called gambling. Thats right if there is a safe method then there would be no gambling sites at all since all of those would be bankrupt and theyre just throwing free money to their players and no one likes that and also gambling is a business and no owner would like to give free money all they want is profit. Yes, there are ways to minimize the lose and you could play for long time because of that but the ending would be still the same and thats lossing your money. |
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Bitcoin owes it's very existence to fiat currencies.
Without them Bitcoin is worth zero dollars in the eyes of the community.
Until Bitcoin is given worth otherwise I can believe nothing else.
with that logic, gold, stocks and oil are also owing their existence to fiat currencies and without them they would go to zero something that we all know is not right and is the exact opposite. meaning they would go higher when dollar collapses. And how could they take the advantage for dollars collapsing? Do you see what happen on global financial crisis all nations are affected to that and maybe a crisis again will be happen if usd will crash. , and another maybe if dollars will crash a big possibilities that bitcoin or any goods will be collapsed also because we all know that bitcoins are at dollars based price we cannot tell what worse will be happen to it when that bad scenario will be really happen in the near future. You have an exact point. its not only bitcoin would be affected but all those things that are connected to dollars which is almost all dependent into it and its been used worldwide. If it crash then for sure those things would crash to since they are dependent to each other. How much more in bitcoin? it would definitely decrease its price too. |
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I was thinking that every bitcoiner wants a world without fiat, only bitcoins. Ok, if there was no fiat whatsoever, then where do you think will bitcoin base its value? Will it be in gold? But how much?
How do we determine the real value measure of bitcoin in an economy that has been very dependent on fiat?
In my opinion if fiat would disappeared then the value of bitcoin disappeared too since it depends its price on the currencies as of now. If bitcoin would be the main stream then we should create a new value that does not depend on the current fiat as of now but im thinking that its very very impossible to happen since fiat plays a big role in our economy and no one could replace it to its place. |
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I am only currently earning a little from signature campaign and would not consider giving up my day job for what I make with bitcoin. And with bitcoin's price being volatile, it's a little hard to go consider going full time on it. It's a great form of extra income and investment and I would still continue to do this as long as my day job isn't taking up too much of my time.
Earning from signature campaign is not enough for us to make a living... Actually it would consume most of our time if it is the only source of our income... We should have an alternative or as much as possible we should have atleast a good job that pays bitcoin equal to our salary in our day job or more, if it is lesser than that, I think that won't be enough to go full time in it...  Absolutely right, depending your income in signature campaign is not a good idea, it is just something that will give us a little amount of money to spend on our wants, our needs should be catered by our job which we earn a bigger salary base on the cost of living in a certain area where we live Well it is going to be insufficient if you are going to hope for your earnings with signature campaign. But if you are in a signature campaign and you are doing other sources of income as well as trading, mining and buying and selling of goods. Then that is going to be a good time to shift full time with bitcoin if it gives you better income with your job. The best time to shift full time in bitcoin when you earn everyday and its stable same as having a day job and if you see you have better earning compared to your day job then resign but be sure with your decisions because living in bitcoin world would be risky since its unstable as of now but if you can cope up with it then its not bad to switch. |
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We cannot consider any newbie a fool just because he/she is new to bitcoin.He may be a guy who is very intelligent than all the others in his studies or work and just new only bitcoins world.So it takes some time for everyone to learrn some thing new so dont consider that newbies are fool and they can be much more intelligent also.
I think that if the newbie is intelligent in studies or work, then he wont just jump on creating a new thread as soon as they open a account and ask a regular question about the forum, as their are so many pinned thread in beginners and help and other sections where if they take some time to surf and get knowledge then they wont ask like this silly questions. Here only they newbie are getting question who just open the thread and run away without following it. Right, some of newbies are intelligent enough and doesnt intend to ask question since he knows already that it might be posted somewhere else and thats the time he learns for himself in just using the search button it really doesnt hurt for someone to use that search button but most of people dont know how to use it rather than they choose to make redundant threads which already been asked and been answered in this forum. |
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Put it on trading market,for safer way
Buy or sell coins which can be make profit.
Need time,but I think is safer if u gambling or invest
Nothing safe if you choose gambling , and most likely you lose your funds without chance if you know the word of "greedy" But, better to trading your bitcoin to altcoin and sell it after reach your goal , that's more safer than gambling. trading altcion is much better than gambling because the risk on gambling is much higher compare to trading but remember on trading altcoin because there are a lot of scam coins out there which is a really waste of money. Being greedy is commonly thing we experience when we are playing gambling. |
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Today i went on to 0.06+ from 0.031 depo playing safe margins when  HIT ME!!and made me cry like this:-  Whats your loss story?Share here it's never happened with me cause I love my money very much so I didn't put big amount anytime. so, gambling didn't made me cry till now. I don't think putting big amount is a good idea cause gambling means lose. though luck sometimes helps us but I never got myself beside of luck Keep that mindset and attitude for the rest of your life and it would benefited you in the future and would not lose much money on playing gambling. Thats right playing gambling would definitely lose your money in the end if youre not lucky enough in playing such games. |
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If you are addicted to gambling, it is very hard to quit gambling because everytime you have budget or funds you will still gamble again and again. Unless you can control yourself in not gamble whenever you have funds. Even myself i can't stop gambling nowadays because it is very addicting specially when you are winning.
if you are addicted in gambling then it will be a matter of self control over it, try to focus your mind in some more important things and be more productive in life. setting your own personal goal for your family can help any addicted user in this case. if he really loves his family and have strong future plan in mind he can quit gambling very easy I think the best way to quit gambling for good is that you have will to really quit for it and settle down yourself so that you are going to help yourself to quit for real. And you must do it together with works, because if you are saying that you want to quit gambling but you are not doing something and you are not helping yourself for sure you are just going to go back again and again. Action speaks louder than words as we all know. If we really meant to stop gambling then do it rather than saying it. There are actually many ways on how to stay with it , you make yourself busy in some things so that you would forget on playing gambling and never intend to play again or being tempted to play even just 1 game. |
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It all depends on what you want to do with your money. It is a stupid move to spend all of your money in one shot. I think I manage my earnings pretty well.
Congratulations to you, mine was a crap. I never think of the future before when I still have a good paying job. I just buy anything I want without thinking if I actually need them or not. Sometimes because of peer pressure and sometimes because of too much generosity. I am not saying giving is bad, but too much giving like I have eight nieces and nephews, every birthdays I am giving them a big cake as a gift without thinking that I could just bought them a small one. That is the reason why people never save anything and later on they realize they should have done it when they get into an emergency or in a situation when they need some money and they have nothing big in hands, that is the reason why managing your earned money is good. You wouldnt learn from your mistakes if you didnt experience it and be thankful with that scenario because you already know how to save because of the experience. Saving is a really good help incase of emergencies and on future investments you would made. |
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Luck comes second if something requires hard work and in trading you need to work but not to just sit and wait for winning just like gambling, because you will need to have an eye on the market when you are trading and you need to do researches about the coin you are going to trade, i obviously believe that if you are lucky you will surely win but if you work hard you would surely succeed in anything.
Hard work really pays off especially if you know what you are doing and you know your purpose. I agree that luck is only second when it comes to trading because you need experience on it first before you can really grasp how it works and work hard on it putting your time and effort in understanding it. But you need also luck because no matter how hard you work on something if its not your lucky day then just let it be and try again the next day and you will be successful as long as you don't give up. I totally agree with you, the most important thing is hard work and effort on the thing that you are aiming for and for sure it would pays you on all the effort you made. I also agree that luck is also need in order to obtain it because without luck its useless but dont stop there and continue. |
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how about dimonds or nucleae weapons  if anyone ask me what will be the best profitable and expensive investment then i will only suggest buy some houses like 5-6houses if it is allowed in your country and rent them This is a good passive income but make sure that your tenants are the kind who will take care of your property because it would be expensive for you if from to time there will be damages in your property or you just ask for security deposit from them and deduct their the expenses for repairs. The key I think of finding a good investment for a house is location because if you don't have tenants then you will have no income. This is one of my plan also when I have money to buy a house or apartment then rent them. Well this is one of the most profitable passive income if you really have the money to invest on because for sure it would sustain you for long time as long you have tenants and consider the place on which the houses would be putted same as they said. Maintenance would be quite costly if too much damage done in those rented houses of yours. |
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Your reason should never be to profit because thus you'll become a gambling addict. I know all of us who gamble from time to time are addicts in a way, but those who do it for fun only are not as addicted as those who want to make profit from it.
They do different in the way they aim on playing gambling and also they differ in their self control when they play gambling but the result would be still the same on losing all your money in the end but the advantage of no aim of profit in the end is you wont be hurt to much from your expectations and you just enjoyed on what do you play. |
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