How does that exclude it from general usage.   Gambling firms can settle alot of their bets internally, its only the payments and receipts from outside house that would relate to crypto really.
General usage of crypto would be more of a strain on the network as each transaction requires an entry in the ledger, the ideal would be that small sums do not require that much.  Its possible lightning networks are helping advance that dynamic.   But gambling already can just pay the sum total of bets without employing the blockchain constantly so if anything its less reliant overall.

Gambling can involve alot of brains though.  Its heavily related to statistical analysis and probability theory, this goes back to the work of Blaise Pascal of 17th Century French mathematical advancements.   I actually studied this whole subject as part my maths course in college.
The smart thing is to be aware of your relative risk while participating, its possible to find a path that will yield better results that way.   It can work so well some casinos ban such a practise, known commonly as card counting.
All of life is a gamble to some extent, the stupidity would be not realising or recognising some of the odds correctly and also taking too many risks is a fair criticism

Not all gambles are in money ?   I think even a gambler can step away from the tables if they find something else equally distracting, I think competitive sport works fine for that.   Just cycling for a section time is a kind of gamble with every part of the path you might stumble or gain time.  Or I could tumble and lose time and some blood maybe, different kind of gamble :p    Doesnt pay to only concentrate on one thing I think

haha true enough, very bullish.   The problem I struggle with here is I only really speak one language, maybe I can ask a few friends to read similarly elsewhere but really I cant tell the world wide sentiment.   That would be an important factor to report if anyone is connected better globally, I think there is too much of an echo chamber effect.   

People repeat what others says without fully or even in any way verifying if its true or with serious grounds.   If every single buyer and seller verified a rumour I guess we'd move alot slower in price then we do.   
I personally just hope the overall population grows, we dont rely on big leverage players on an exchange.   Growth is a ton more genuine when its just some poor person who genuinely thinks BTC is useful and holds a bit, but that person matters because there is a million of them.
Ideally that poor person is getting richer (in a developing country with 10% growth) and BTC is helping them reduce their banking costs, a reciprocally relationship that grows and justifies Bitcoin would be ideal. 

The contents are more important then the label, the price is just a speculation on current factors and this PLAY token is not actively being used.   Presuming it proceeds with the proposed system of revenue it should prove alot more worth then the face value its only held as at present.    This is often a feature of markets, its what participants are being paid for when they hold.   I'm glad there are active businesses developing in the sector operating after ICO, I'd hate if the critics were justified in only believing negatives of crypto.  Actual utility across crypto is very bullish, people get lost just staring at prices  I think.   esports markets is much bigger then just this one factor and the exchanges it trades on, its a whole ecosphere separate from crypto but hopefully this will help connect and transmit it better.

Also good to see the company has changed the thread title this time to inform participants.  Previously I was denied tokens owed as a deadline was introduced to fulfil payments to ICO campaign participants, terms changed without various threads being updated properly such as the thread title or OP.   That mistake has been left behind but hopefully not forgotten and its good to see better information on this latest update


I'm not sure if there is a HEROcoin thread in the gambling section.   Perhaps this will be a thing after it becomes active

Japanese YEN is horribly flawed at present.   Their fiscal debt is 235% of the countrys GDP, without a harsh change or default its not possible to resolve this debt without upset.   Even worse then USA I think this currency is.

Demographically Japan has a falling population which also means a fall in working population and people paying taxes.   They are no doubt an innovative economy but lacking major resources they do need to import which means currency weakness is a problem for them.  

Gold is an inert metal, its value is relatively unchanging but the price in dollar or Yen can change vastly as those two currencies suffer the afore mentioned depreciation.   So gold is not profit exactly but it will be useful in isolating losses.   A mining firm should do well with this as an asset secured vs dollar costs

Using someone elses money to buy something you didnt have any use for would appear to be a classical mistake and nobody else should be blamed for that poor logic besides the buyer.
Do buy something you will use and save up your own money to do so, buy in bits not one off bulk transactions that resemble just a gamble.

If the market overall resembled the buy and pray dynamic then no wonder we have to waste time while all these fake holders give up and have to repay what they never were interested in owning.   

None of this describes the protocol itself or determines its success, its just a price not a determiner of usage by a population with actual demand for the utility BTC gives.   Buy things you want, if all you can think of is gold perhaps and want it as jewellery then do that

I would assume its too late to the party to join now with much expectation.   Arriving here would be like a coin toss between the two possibilities, where as a good trading situation would be odds in your favour and you are just following a good trend up or down.
Here I think BTC price is very uncertain, I do think it can rise from here and probably should as there is no great negative volume but its uncertain till that happens

The volume seems to confirm we are flat to still in momentum.   Sure we have peak on that which in the autumn was bullish but now the volume has generally shown a drop since Feb.    Stagnation more then triggering anything significant from that point, like capitulation should be.

I've been too negative in my outlook a few times in the past.   News happening elsewhere in the globe is just as important then anything Im aware of.  Just looks very still to me.

If I draw in a downtrend just for speculation, its lying outside that and could confirm that as a base to rise from.  

Well is 40,000 bitcoin enough to suppress an entire global market, if theres 17 million bitcoins available I dont think thats significant enough by itself.   Perhaps only bitcoin float on exchanges is relevant in comparison for that figure and introducing 40,000 new coins previously considered 'gone' is the effect.    I dont think we can say it helps or is the majority of the reason for a trend.
Thats a big deal and McCaleb is not sharing any responsibility apparently.  Is that legally correct because the sale was final I dont know

not final then

Good summary only thing is the price on each date is relevant and should probably be stated, explaining why previous losses can be repaid in full now

220 watts could be a as low as 140w for some peoples settings I think.    I've never seen 220w, maybe you meant the entire machine not just the card.   Doesnt seem like a level comparison if the figures are off that much, the AMD cards out of the box will probably use this much power.  I'd agree with that but also AMD can modded alot to perform at much lower watts, nothing even that drastic but most cards will consume far closer to 150w or even less.  
Just thought I'd mention it, theres a reason why vega is popular at that high price still.  Also depends on memory maker on the card possibly

I know someone who won 200k and was back in a work a week or so later.   Its not much in consideration of lifetime bills.    Going down to 10k means you really dont have anything so your room to flip it back up is limited, you have to be paying those bills asap which means little time for anything exotic.

On the other hand going to 1 mill still leaves alot of options.  Some might say this even is not alot in that lifetime perspective and sure maybe but it leaves enough leeway to swing your fortunes back up again.  You can in theory trim down your costs and possibly get a plan together in whatever your expertise is and get back to the 10mil level perhaps.  You got a shot and the space to do so.  

10k on the other hand is going to require some magic and almost zero costs not to be burning it very quickly.  Your back in rat race for sure, on the treadmill.   Seems a bigger relative loss to me.   Buffet said he can double the first million far more easily then he can progress that later 10 mil into double again or the larger sizes.   After a certain point your footprint is too big I guess, I think a 1 mil float is the sweet spot maybe people at that level go up and back down alot.



Heres a short term test, the previous floor as a ceiling.   There should be bigger levels then just this super focused view.    People appear to think the price should go down but seems too simple to me, anytime people expect it or are consigned to that possibility the market usually defys expectations.     Still looking for a bigger test upwards to try and fail first.  Seems a bit drab and just too tired a move to go big.

Is the surprise to the upside and the china positive news more then just a rumour.   Possible I just dont know the weight of probability

The house always wins because they are the people running the game, they get paid to operate it.  Doesnt mean they wont sometimes pay out more then they take in, in the long term they will operate a profit including the fees of operation.    This is why all the big gambling operations require a big float to pay the bills short term until its justified in the long term, also setup costs and requirement to attract customers for revenue is a big deal.  
In theory the house wins when they have the most people possible both winning and losing, so long as people are playing the house is getting its declared cut which is fair enough.   Flip side they dont want to lose those people or revenue by any idea that winning isnt feasible on their games.
  I think the website could be a good read, research possibly

Quite a few doubled their money, must be nice to do something so big so easily.  I guess its not much different to a game of roulette.   To risk that much they have a big float available  and its a reasonable game of chance.   In some ways I guess it could make more sense then getting muddled at all in any more elaborate plan with time and effort required to win.  I lack the guts also for such a big bet

I would make sure to have a few google chrome extensions perhaps to improve security and avoid the worst types of clone sites that try to look legitimate but are just false copies.

Google iobit for a general toolkit and that comes with an extension for surfing.
'https everywhere' is another extension to use, works in firefox and opera too

basic tip would be not to goto the site directly but enter it as a text string into a search engine.   This will correct or sometimes show a warning if its well known as being misleading.  Of course also manually ask about a site.
If you do gamble somewhere near, start off slow and only really increase after a week or so if you are happy and have cleared withdraw etc

Im not sure its that simple or we'd maybe make money betting on it happening.    What I think anyone can do is if the price goes down is to buy reguarly, in this way you gain a better average price.  When eventually BTC has cleared out sellers as it has previously like the 2014 decline for example then all your slow buys on the way down become part of your gains again.

Its less stressful to split up your buys and sells and so you are not reliant on just one price point in time.   Its a process not an event imo

I wouldnt take that jump of logic quite so quickly when the whole of crypto is pretty much listed as a scam overall by virus detectors.   Plenty maybe the majority of mining software is assumed to be invasive and/or installed against the users wishes.  Quite often there is no option to select that crypto is on the list of uses for the machine and to proceed without removing all points mentioning crypto.

ITs not a scam automatically, maybe search a little further before taking it as gospel.  Alot of that software is built to serve a workplace environment where they would not tolerate such things, doesnt apply to us so much is my take.

Dollar is already a fallen currency is the main point, its already why Bitcoin rose.   Its part of what shocked the world in BTC rising so strongly.   What has not yet been realised consciously is that dollar printing such vast reserves has devalued and brought it lower already, the effects of that fall has not yet hit the street prices as inflation.    The fall in value for dollar is evident in its monetary base, most of the large amount of new dollars is contained in slow moving and very large transactions of government bonds.   The amounts exchanged are 100k units so this movement does not yet effect obvious prices such as bread, eventually it will

Bitcoin as a global reflection of dollar trade worldwide does however does to some extent reflect that dollar is falling and has already lost some of its long term standing.    This decline is not likely recoverable without defaulting on some part of the 20tn debt accumulated, the other  scenario is a fiscal surplus on an annual basis for many years in the future.   This also is unlikely

https://www.youtube.com/watch?v=htLT6McxSzY
Yes that was my perception also.   The people who trade dollars are in the wrong for offering a free market price just like any other product in the country is that message I guess.   Its a very different principle to what I'm used to which is free competition, every dog has his day.    If one man sells  iced lemonade for 1 gold coin on a hot day, he is maybe profiteering but also this product can be sold by his neighbour for half a gold piece and then another will sell it for one tenth of a gold piece.     Before long the market will have found a good price for the consumer, the early sellers might get some profit and unfairly in the view of some but eventually the lions shares of profit (revenue) goes to the most efficient lemonade seller.   Or possibly just the best recipe !   Society benefits from competition, its the individuals who are risking loss mostly and I dont believe in regulators as a control or creator.

Its better to have too many sellers or even too expensive a product then ban the idea of the maker or company having the freedom to sell for whatever they like.   Establishing or making a market is also important and theres usually risk and costs to setup.     I'd apply that idea to anything even the money changers and sure maybe some take advantage but I'd rather have too many trying to make a profit then nobody and with high unemployment its essential to allow business. USA, EU has this problem also, normally their red tape laws include a clause that excludes a business of 50 or under otherwise it would be similarly oppressive.

If they did fail to progress PTR it was probably some conflict between these ideas, thats really for a market to work out and risk in ventures.     Not a fan of  excessive control, it can extinguish growth when new market sectors need plenty of air in their beginnings

Sure its possible to view this current price action as price consolidation.     Just speaking from observation over years of how the crowd interacts and reacts to price falls and rises, BTC is very hype driven.   So you have the phase now with so much doubt in there, we are still pulling back from that peak.

That doesnt mean we will always be in this kind of atmosphere where doubt is always apparent.  20k is possible, I wouldnt want to label exactly when but there is the basic conditions for it to occur.   The most certain factor is an ongoing weak dollar, that much is certain to play out and I could explain why but it relates to politics and the debt built up by government overtalking and overspending.  That will continue ad infinitum

The other main condition would be Bitcoin itself developing and continuing to improve in utility to its users globally.   That does tie to that failure of dollar to hold its value and a change to the old system of one national currency being used abroad.   Theres a good possibility for growth in Bitcoin and so far as I know that is occuring, the price is secondary to all these factors.

Should market flow once again favour a bias to buying over selling then it'll retrack its previous progress, more slowly is my estimate but theres no reason why it couldnt reach a previous peak if usage continues to increase.