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921  Economy / Gambling discussion / Re: has any casino ever been hacked losing a lot of money? on: January 25, 2017, 10:16:52 AM
i was talking to someone about bitcoin the other day, introducing him to bitcoin and also talking about what trading is and where he can do it.

then when i was talking about risks of keeping his bitcoin on exchange wallet and how many of them were hacked i was thinking that gambling sites are similar to an exchange, they are handling bitcoin (it may not be as large as an exchange but it is still big) and they have hot wallets.

so have any of them been hacked as exchanges were hacked?

if you are mentioning any here please add bitcoin price of that time or give a date so we can see how much money it was lost.

So far I haven't heard or read any news about a gambling site that has been compromised or breached by hackers. they maybe the same as exchange as they are holding tons of bitcoins to operate and roll it over to their customers. But I don't know if that is true that gambling sites has tighter security rather than exchange sites.
lol really? you never heard a single story about this?
the most popular story was about how hufflepuff stealing bitcoin from primedice though a 'legitimate' rolls (confirmed hacked),
full story read here https://bitcointalk.org/index.php?topic=843892.0 ,
they lost 2,000 bitcoin or worth to $1 million that time if i am not wrong.
I have gone through that link it's a great article, and after watching that video still i can't believe that how he did that job. He cheated casino it is wrong, but for his intelligence, we have to hats off him. Instead of paying casino he gained 1000 BTC just 1% house edge. It was a bad day for the Primedice site. But Hufflepuff becomes a millionaire in a single day.
922  Economy / Gambling discussion / Re: How many money did you spent in gambling in a day? on: January 25, 2017, 09:57:27 AM
I spent 0.04btc per week because that is my only available bitcoins coming from my salaryon fortunejack signature campaign. That is my new strategy as of now so that i can limit my loss and at the same time , to control my gambling addiction. It is the best because i don't have a choice to gambling everyday, i'm just patiently waiting weekly. Cheesy
Earning 0.04BTC weekly from your signature campaign is very good I will suggest since you already placed that as your limit, try to limit your losses to 0.02BTC that way you will have 0.02BTC every week and you could invest it or begin to trade with it.
yes not doubt that 0.04BTC is a good amount to earn from a signature campaign. that is also right to distribute your earning in in gambling and trading , so through this way you will have double options from trading and from gambling. if you have some experience in trading you will surely make profit from trading also.
That amount of money is only good for gambling, it's a pretty small amount, you just have to enjoy it seriously. Doing trading requires a good amount of money to earn a decent income, while in gambling, you can start with as smaller amount and if you are lucky enough you can expect great amount of profit.
0.04 BTC is not a small amount if you keep it in your wallet means in the month end your salary will be 0.16 BTC means around 150$+. in that you can use half of your amount to gamble and save another half amount it will help you when you need urgent money. In this method, you will get both fun and money. If you do not save anything at the end of the week, there is no value for your hard work am I right.
923  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 25, 2017, 09:48:12 AM
for lovers of gambling may be no reason why their addiction, but for a new to gambling addiction is very dangerous because it can cause various problems in life.
I love to gamble but that does not mean I am addicted in gambling, I can stop anytime I like. Addiction is different as it's like you are force to gamble even if you are not in best shape in terms of mental quickness, which I believe very vital for success to have a good analysis.

When you have gambling addiction you don't matter if what you are doing is still good or bad. Even if it is not already healthy for yourself or you hurt your family you don't realize it because your only desire is to gamble. But if you only love gambling you can still think for yourself. You can stop or not play anytime you want. You just love gambling because it brings joy to yourself. You can still prioritize what is good for you and what is not.
yes, the addicted gamblers will not think about their family loved once etc., they want just money to gamble that's it. This kind of people will not love gambling they love money so they will addict to gambling and they suffer in the end. But in your matter, you love fun in gambling, not money so that you will enjoy your game and you have control on your play.
924  Economy / Gambling discussion / Re: How did you started to gamble? What was your beginning like? on: January 24, 2017, 12:54:21 PM
Everyone want some instant profit. And gambling is the first thing that came to my head. I started gambling when i was high school. Ofcourse gamble is risky thats why i gamble only my extra money. At first i was scared of losing but its a part of gambling. But stopped gambling when i came to college. Im busy that time. But now i can do it now.
Instant and easy money correct definition for gambling. Because of this many people enter this gambling including me. But I am not entered in my teenage, after completing my education and when I started to work that time I entered this gambling world. Before that, I just bet on sports event with my friends I just put the very small amount. It's direct cash exchange.
925  Economy / Gambling discussion / Re: What type of sports you love in sports betting and why? on: January 24, 2017, 12:47:23 PM
I am a passionate cricket follower and I'm able to predict any international cricket matches accurately. Sports betting is getting me the opportunities to earn from my passion. I love cricket and I love gambling, the mixture of these two is getting me better benefits in real life through sports betting.

I have tried to bet on tennis matches also, even I was profitable there, I am not continuing.
if you are a good predictor of cricket matches, can you predict about the 4th ODI match between Pakistan and Australia. although i am also found of cricket and most of the time i play gambling on cricket but here is a mixed type of situation but the history of Pakistan shows that they can play better when they are not in pressure, and as they already lost the series therefore there will be no pressure on them so they can change the result time, what do you think?
I am also cricket lover, and I try to predict your match. In this match, Austrailia is going to win easily. Because they have home crowd support and home pitch support. You said Pakistan already lost the series, so they will play without any pressure. The Austrailia already won the series, so they also play without ant tension. And compare to Pak batting and bowling, the Aus team is strong. So my choice is Aus let's see who will win.
926  Economy / Gambling discussion / Re: have you guys tried gambling in a game.. what game is it? how was it? on: January 24, 2017, 12:39:02 PM
Sports betting is one of my favorite sports, I can tell it's very fun and you will also learn while doing it. It is not solely based on your luck alone as you can also do some research that could give you an advantage to win, be a good sports handicapper and you shall enjoy  gambling while you are making money constantly.

yes it was very fun, especially if you're betting on it to your favorite team, it can make you happy 2-fold when you win. It can make you happy for your favorite team wins and you win the your bet. But it also could lead to disappointment double if your favorite team loses.
well its reality mate when you are into gambling most of the time when you are playing or betting with your favorite team aside for being excited how they play the game you are also waiting for your bet to win but if everything turned to the other way you will get big disappointment but in due time you will learn how to enjoy your luck just be very careful not to get really engaged and became an gambling addict.
This kind of gamblers we see very rarely in sports betting, basically people will put their bet on strong team and strong players, this is common type of betting, But you are placing bet on your fav team only, I don't know which team it is but if it is strong team then you will get double fun. Suppose If your team is weak, then you will get the only dissopointment. Example: In cricket Bangladesh team, if they play aginst strong team they will win very rarely.
927  Economy / Gambling discussion / Re: Strategy and Lost in GAMBLE on: January 24, 2017, 12:29:17 PM
I've been using the martingale strategy and it works for a while and then you get a long string of losses. The odds are that you will eventually lose if you keep playing. You have to find a point to take your profits.

it is good for you if the strategy is work but i am not sure that if you telling us about your strategy, it will work too because every person have own luck which can not work in the same time. i think if we don't use any strategy and only depend with our luck maybe we can win and take the profits but i know it is really hard.
If you play slot games then without using any strategy also no problem because these games are based on luck. The strategies and all just to control your money flow in gambling. The martingale method is good, we can get back our loss with this method, but it needs a big capital to play. With the small capital, we can not try this method.
928  Economy / Speculation / Re: Sell or wait? on: January 23, 2017, 02:41:49 PM
I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley
How you can sure that the price will raise again this coming chinese new year?
The best method for safety that you can make a good profit is to dont sell all just sell only partial of your bitcoin and the rest sell it if the price continues .. so that you can be still getting the benefits.. and if the price is decrease you can buy bitcoins again and safe your profit..
It's not 100% sure but everyone has hope that the price will increase a coming Chinese new year. So we have only couple days for this event. If you wait means you may make some profit. But according to me, the price will not go more than 1100$ if it goes means it's our luck. But my suggestion doesn't hold your all coins. Sell some coins for a better price now and make some money, the present price is also not bad.
929  Economy / Gambling discussion / Re: Quit Gambling for Good, think for your loved ones on: January 23, 2017, 02:35:50 PM
Well people that are addicted to gambling, like ones that deposit all their savings or lose what they win should stop gambling asap. Also, it is quite silly if you gamble more just to recover what you lost, and that never should happen as you will lose even more money. So if you are addicted you should quit gambling, but if you don't then i don't see problem with gambling. I mean that gambling is actually very fun when you don't risk all your money, or when you gamble with amount that you can afford to lose, not everything that you have.
The gambling is made for only fun and entertainment, but some gamblers play gambling to make money this is wrong. Because of this money, people will get addicted to gambling. If you can play how much you can afford, then it will give fun and sometimes profit. If you chase your loss that is a bad idea it will lead you to addict to gambling. I will not entertain anyone to play gambling, but if you can afford and have control on your play then play no issue.
930  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: January 23, 2017, 02:26:11 PM
In gambling strategy won't works because the script will designed like many betting will leads to loos only. Even i used to think same if we use strategy than we make more profit but i have failed many times by using same strategy. Gambling completely depends on luck and fate.
Why you need to use script if you already knew that it will leads you to lose your money? Why you don't try to create your own strategy and then make a good profit i don't use scripts because i know it wont help me getting profit so. If you failed many times don't lose hope its part of gambling to lose.
Dont lose hope until you will got broke in the end? I wont do such thing for sure because if i saw already that gambling isnt for me and i do lose always i would rather just quit and not to proceed anymore.Scripts are just trash and you are right they dont work and sadly it would bust you up in longer runs thats why i dont bother to use it.
Good decision after trying all strategies if you do not make profit better stop gambling it is not for you. try any other activity to make bitcoin. And yes the scripts and all not work in gambling. if your fate is good and you have luck you will make money in gambling. The strategies and methods and scripts will not change your fate.
931  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: January 23, 2017, 09:30:07 AM
My mom never told me what cash is and I still know how to use it. The best way to make a kid understand Bitcoin is to let them use Bitcoin commonly in daily life. However, right now it is not age of Bitcoin so everyone currently use FIAT as a main currency. If you want your kid to know more about it, you have to wait about 10 or 20 years later when Bitcoin is more popular on this planet

Maybe it is not necessary to let a kid use bitcoin on a daily basis. And maybe your mom doesn't want to bother you when it comes to money matters that's why she never told you what cash is and how you are able to use it. And I don't think that if you want to expose or let your kid know what bitcoin is, you don't have to wait for that longer years.
Agree with you. If you let your children know and use bitcoin be ready also with the consequence. Your kid might wanting to invest in bitcoin at early age and might swift his mind to instead of focusing in school he might just want to earn bitcoin. It is ok to introduce but don't let him know all at young age.

Yes because not all the time things that we are going to teach with ours kids are going to be helpful at all. If that is abused probably a negative result with occur and if they found out that there are some illegal activities and they gamble freely out of their curiosity and that is the consequence that we are talking about for letting them know bitcoin. Just be prepare for the best and worst.

If the kids know how to earn money easily in early age, it will effect on their education. They lose concentration on their education. And it will impact on your children's future. So better don't introduce them in teenage. After they get matured no need to explain them what is bitcoin they only learn how to make money from Bitcoin through the internet.
932  Bitcoin / Bitcoin Discussion / Re: Fiverr no longer accepts Bitcoin on: January 23, 2017, 09:24:12 AM
It might be because of the high volatility, because merchants do not like high price fluctuations in currencies to operate. If they worked through a payment processors, they would have had to pay a additional fee, to get the bitcoins converted to cash. Fiverr has always been my favorite place to visit, when I had banner Ads made, but I have to look for something else now, because I always paid in bitcoin. ^hmmmm^
Yes, it is very sad news for Bitcoin. In Fiverr there are millions of small-scale business people are active on this website, this sudden decision will effect on bitcoin value. The reason is silly of course the bitcoin price is not stable everyone knows this fact. Anyhow because of this sudden decision, the Bitcoin lost it's value and the PayPal will become more popular in Fiverr website.
933  Other / Off-topic / Re: Bitcoin is a good investment now, because... on: January 23, 2017, 09:10:43 AM
I feel pretty bad, because I remembered watching Bitcoin at $600 a few months ago. And I feel worse, because I remembered seeing it at $300 a few years ago. I don't think Bitcoin is going to drop and It is a good long time investment.

I feel you but we don't have choice now but to keep on moving. Just move on man and you'll be fine, don't look now on the past and stop regretting because it is still not that late to invest with bitcoin. I can feel you because I am also that person who admits not to believe bitcoin at first. But there is still enough time to get into good investments with bitcoin.

I was using bitcoins in 2015 then I lost 2btc on at the end of that same year. The prices back then was $250-$300 now, it's freaking 900 and it reached $1,100 a few days back. If I just kept that 2 BTC I would have profited 400% already. Well, let's just work to get back our losses and work some more till we see some profits from bitcoins.

Too bad also for you but just like what I've said we need to keep on moving. Forget about that regret but yeah it is really regretting and frustrating if you really just able to save that 2 bitcoins until today then you already have enough profit where you can use for investing it again with earning bitcoin. Just like trading and joining ICO's.
Yes don't think about your past, it's gone let's think about your future. Now think how to make that 2 BTC. The Bitcoin price is not stable so don't feel bad. In 2013 also the price crossed 1300$ after that what happened you knew. So holding your coins long time also not profitable. When ever you feel the price is high just invest or sell coins and make money that's it.
934  Bitcoin / Bitcoin Discussion / Re: how strong is bitcoin really? on: January 23, 2017, 09:02:16 AM
for now we can say that in the passed years bitcoin is much stronger now and the continuous adoption by many people can help the life of bitcoin much longer exist.
That should be what we are expecting, the price will rise overtime because the adoption rate is increasing. Bitoin is strong because we are making it strong, with our continues support and effort we could make this bigger and bigger as time passes. Of course, when this will be bigger, the price will follow and eventually we can make more profit.
The investors and traders are increasing day by day this is also one of the main reason that bitcoin will become more stronger in nowadays. All small scale business people are accepting this bitcoins as their payment and people are doing more activity with this bitcoin. That is why the price is so high, and it is stable at 900+$. The other reason is bitcoin users they are making others to use this bitcoin in their business.   
935  Bitcoin / Bitcoin Discussion / Re: Insurance companies accepting Bitcoin? on: January 23, 2017, 08:53:00 AM
The idea is really good but insurance company will not accept may be because government will have an eye on every transaction, till now government has not given any signals to authorized insurance companies to accept bitcoin as one of the payment method for premiums may be. But one day it is going to happen all companies will start accepting bitcoins.
If they can't tax it they wouldn't accept it.
That should be a question on your exam.
But how the government will collect tax from bitcoin transaction. Is this possible? If it is possible means, they must track our transaction then only it is possible to collect tax from all transaction. I think it is very complicated and Govt will not take this much of risk. Before Govt accepts this currency first all small companies must do their business with this bitcoin then only the value of bitcoin will increase, and govt will start to look at this currency. I think it will take a long process.
936  Economy / Gambling discussion / Re: I never made any profits in dice game.. whats is your opinion on: January 22, 2017, 11:57:00 AM
It's not surprising you've never made any profits in dice games, it's designed for you to lose in the long term
I agree with you the dice game is not good for long term method. Many gamblers will lose more money in dice game especially when they are in the long run.

Nope, I guess the OP does not know when to quit Smiley  You can always make your way out if the system is designed to lose in the long term, you all need to do is to short that system. meaning you have to quit before completing it (losing at the end).
I agree with your statement also, if you don't know when to stop your play then not only in a dice game in all format of games you will end with the loss. So try to control your play then it may be possible in skill games. 
937  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: January 22, 2017, 11:48:20 AM
hello, I would like to try my luck from gambling.

what kind of gambling that you think is easy to make a profit? and what strategies are you using?
For me there's no easiest way to gamble if you really want to win play hard don't give up giving up means you accepted your failure in gambling don't stop when you didn't doubled your bank role also play with small amounts into big amounts this is my strategies always bets what your heart says.
I don't know how this strategy is helping you, don't give up means if we lose money we have to play until we get back our loss. This is not good move many times if we play like this we will end with the big loss. And don't think to double your bankroll in gambling easily it will take a lot of time. So you should stop your play at the right time otherwise, you will make you wallet empty in a single day.
938  Economy / Gambling discussion / Re: To Gamble or To Invest? on: January 22, 2017, 11:40:34 AM
Investing is currently one of the best things you can do right now.
BTC keeps going up, and some sites only keep getting bigger.
Well, there are many aspects of investing, and Bitcoin investing is only a small part. As you can see, Bitcoin prices have just dropped to $900, and most of the people have lost their money because they did not sell Bitcoin at the right time. You need to be smart and you have to be patient while doing investing activities because it is the main key lead you to the success

Well yes it sropped but that doesn't mean peoplr already lost money there. The price of bitcoin right now is a fluctuating at a cinsistent rate and i think most experienced traders in bitcoin are not at all alarmed when it bit 900. It still is better though than throwing a conaiderable amount away in gambling. A lot of people who invested in btc roughly mid2016 already earned a decent amount even if they sell their btc's at 900

Correct who all invested their bitcoins in mid of 2016 they made a good profit till today. But those who invested in the right place they made profit other's it's loss only. But the present time is good for traders, and the bitcoin price is helping them to make a profit in trading. This is the right to sell your coins and make money. The investment will take the time to make a profit. If the price goes down then again it's a big loss.
939  Economy / Gambling discussion / Re: How do you know when to stop? on: January 22, 2017, 11:34:51 AM
When do you stop? Do you have a daily limit or something?

It is really must have a limitation in gambling, for us to control our money, whether win or loose stop the game, then wait for the next game again. So that we can monitor the input and output of our investment.

What kind of limit do you offer because when you lose, it makes sense to re-win and at least compensate for the loss.

LOL  yeah i think you should be a bit more specific with the limit you're talking about. Some limit themsleves by taking just a certain amount when they gamble while some people only have limits when they lose all the money gey have. When youbsay you have to limit yourself, i think the best way is to first condition your mind that if you go beyond a certain amount, that's it. Take a friend along with you to tell you when it's already enough. It helps when another person tells you that what you're doing is already excessive.

Taking friends help is a good idea but many of the online gamblers will play gambling alone in their private place. They are not ready to disclose there gambling activities with their friends and other people.these kind of gamblers will make a strategy like they will fix one amount in their mind and they will stop play once they lose that amount. Those who not control their feelings they will lose more it's there fault no one will help in that situation.
940  Economy / Gambling discussion / Re: If you could create your own Bitcoin gambling site, what would you do better? on: January 22, 2017, 11:27:48 AM
Definitely Customer support would be on top of my list. Hardly any site has a live support waiting to help on the majority of sites. Also would probably market a little different which is the secret sauce.

Would also work much more on the design of the sites. By this I am not implying that the sites out there don't have a good design though.

This is so true. Good customer support lacks with many sites!
It's the best thing that must be considered, whatever business you are doing, you need to have outstanding customer support. With playing in a legitimate gambling site, especially the popular one, you can tell they have a good support and very friendly to their clients. That's how it should be since your client are giving you income.
If the sites bit slow in some time also no problem if we give good customer support, players would play on our site. We have this issue in existing websites. And the design also important we try to create without more complication to the customer, In some sites, people will get confused how to play and where to place a bet. so if create user-friendly website the users will increase more. 
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