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921  Economy / Gambling discussion / Re: What keeps you coming back??? on: October 16, 2017, 11:58:00 AM
Gambling has a special magic that attracks people always and invite them to bet in order to win money.What keeps me coming back for all the time is the hope to win a big sum with a stroke of luck because we can not know witch day is my day of luck.
you can't win big when you keep on gambling on the same site and with the same account or ip in long run you not only need luck but also the ability to defeat the bankroll which is impossible most of the time , if you still wanna recover your funds try making a new account

There is no guaranty that you can recover your losses either by having a new account or new IP address because if that is true then every gambler should have used that method to earn easy money and all gambling sites should have closed by now. It just your feelings that you can win with a new account but in reality, you should be lucky to win money from gambling so don't waste your hard earned money to recover money from gambling.

I second to this that there is really no guarantee at all that when you are playing with a different address and different IP's, you will have more chances of winning against the house. The house edge advantage is fixed and there is really nothing you can do about it. Now, you must just be very lucky that you are winning with new accounts but this is and will not hold true to your future bets..
922  Economy / Gambling discussion / Re: Trading vs Gambling on: October 16, 2017, 11:46:48 AM
These are not exactly same. One is for enjoyment and another one is for making money.

But the thing is, the other one is going at the pace that they are not being an enjoyment but an addiction, a shortcut for being rich and wealthy, that is gambling for them. Trading is for making money so that is obvious that trading is far more better than gambling.
both ways will earn you a income but trading is always is better it has less risk involved when losing your funds in gambling you can lose you bankroll really fast and also to recover it it's impossible while for trading as the market is down now you can easily regain in the future

You can also recover your losses in gambling quickly with a big win, i don't think it will be fair of we completely ridicule gambling because it can also fetch you some decent money like trading if you're a bit careful because everything associated with gambling is in the instant whereas that of trading is gradual even though both are risky.

There is really nothing wrong with gambling and it all depends on the gambler as to whether or not he/she will bet more and more. However, if you aim at gambling for big profit regularly, better change your mind because one way or another, you will be hit with the house edge advantage. Better just play for fun and entertainment.
923  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 16, 2017, 11:41:49 AM
Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you  can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that  trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.

Trading is not easy and we all know that the crypto market is all the time fluctuating so it is never easy to predict the future of the coin or at least the next move of the coin. It is little easy to predict long term future of coins but if you are involved in day trading; you will really face problem in doing trading with your coin. As you said, we should always be ready for losses in trading because it is a type of business.


Everyone knows it and Trading is really unpredictable you will never know what the price will do to the bitcoin and other altcoins you know lot of people got loss  by trading and they blame trading for it. i think depends upon your own approach towards it that how you take it. so pay attention to the price every time you trade and check regularly coinmarketcap (a website to check price of the altcoin) and then take decision either to invest or not.
I think many people don't understand the coins they bought. They just buy and sell base on toward to the wave. The market is unpredictable certainly, but you should read and get information about what you invest as much as possible.

Trading cryptocurrencies are really not like the typical stock and forex trading - in here, there are other factors that we can take into account like the momentary pump and dump and the like. With altcoins that have lesser in value, they are prone to these pumps and dumps, however, with coins that have bigger volume, you can use trading strategies like day traders does..

Trading is unpredictable if your new and dont have knowledge.It needs experience so that you would know when to buy or sell.Start on small trading because trading is like gambling sometimes you win and lose.Be updated all the time and if you wAnt to be a good trader search and set  plan.Dont be afraid of losing because risk is always present just trade small amount for you to know why you lose.

You are correct mate. The would be skillful trader could not be the one unless he/she will also have a good mental fortitude and discipline. These 2 are crucial because there will be very tempting moments where instead of holding and sticking to your plan, you will have that urge to sell already even if at loss because you get so affected by some news and gossip here and there.
924  Economy / Gambling / Re: Investing in btc casinos on: October 16, 2017, 10:24:12 AM
In investing bitcoins on casinos or gambling sites there are no assurance whether you actually profit from them, it is basically up to you on which sites your comfortable with and it is entirely up to you too if you know how to gamble. Go for big casino sites that are popular so your btc's are in good hands.

Thant's correct investing in gambling site is very risk there is no assurance for the money will back.Losing percentage is also high so i think investing your bitcoin in casions is not advisable unless you are a rich person.

All investments got some risks but some of them are riskier like bankroll investments. If you take those high risks then your profit also grow faster. So you need to decide which kind of investments well suits for you but definitely these bankroll investments are not only for rich people you can also start investing. Many of the casinos accept bankroll investment as low as 0.01 BTC so for that you no need to be super rich.

That is true that in everything we are taking risks - even when we are driving, we are taking risks. It is therefore up to one person how much risks that person is willing to risks in investing to online casino. If we go back to our analogy again - just like in driving, if you want to get to your desired destination, you can drive very fast and you will get there very soon. However, the risk of accident is really high as well.
925  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: October 16, 2017, 10:16:06 AM
Because bitcoin tends to be more flexible and has more security than fiat.
Actually, bitcoin is made not for distorted purposes, bitcoin is made for individual freedom as well as securing personal data. If some people use bitcoin to gamble, drugs, subscribe to porn sites it is a bad thing and will turn their personal ugly.

Bitcoin and fiat are both secure however, the good thing with bitcoin is that is not subject to government regulations and that there is a limited amount of it compared to fiat where government can print as many fiat paper as they could which in turn will eventually lead to inflation and the value of fiat is going down as these happens..
926  Economy / Trading Discussion / Re: I quit trading on: October 16, 2017, 09:46:17 AM
put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Be careful with ICO's there are plenty of scam out there make sure you made all the research before investing. I prefer investing in bitcoin alone and those existing altcoins that has been around and has a real use.

Yes, I agree that although there is potential big profit to gain with ICO investing, there is also a great risk when you are investing to a scam ICO. I, myself, is not really investing to ICO and focus on the existing ones that have proven their track record in the cryptocurrency market. Better yet, just do trading and trade only to high volume altcoins.
927  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: October 16, 2017, 09:43:02 AM
I guess the best way to play smart in gambling is set a limit on how much loss you can take and a goal on how much profit you can earn. Its the same thing with trading, your number 1 enemy in gambling is your emotion. Some gamblers don't know when enough is enough. Bringing someone with you when you play is a good idea to remind you if you reached your limit.

If we set limit, we dont have to worry about losing alot of money especially money that we shouldnt be using. Alot of people think that there is no use to set limit but for me it is very useful. By setting some limit, it means we are playing smartly already. We dont play to win but we play for fun and if we win then that is a good bonus for us

Setting a limit is like an automatic stop when we reach the threshold of coins that we can afford to lose or an amount that we target to gain. Having this setup alone is not enough though because you need to also add your will and discipline to really stop playing when you reach your target numbers - this way, you are playing smart, for fun, and straightforward. So it seems that there is really nothing to lose after all.
928  Bitcoin / Bitcoin Discussion / Re: How to earn Bitcoin without investment on: October 16, 2017, 08:49:21 AM
Well if you want to earn bitcoin fast the best way is to staart trading but that entails shelling out some cash to start. But since you want to earn without any investment then join a signature campaign here at bitcointalk

You are correct but I just would like to qualify it. Yes, trading can yield you big profits but comes with a good knowledge, trading skills, and discipline in order to gain with crypto trading - we can't just do a trade and expect to win because there are even veteran traders out there who are having some losing trades.. Regarding joining signature campaigns here in bitcointalk, you need to post quality and long replies because there are lots of competition out there and the more quality your replies are, the more you are likely will be chosen by signature campaign manager.
929  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: October 16, 2017, 08:36:49 AM
BTC gambling is just too expensive now, it used to be a bit of fun when you could deposit 0.02btc and play for a couple of hours, now that 0.02BTC is worth too much to gamble with
First thing is that gambling is worst game ever that just make you a loser and a regretful person when you would have nothing to lose anymore. Plus no one is any more stupid and fool than you, when you are gambling with bitcoins.

You can see how much worthy the bitcoins are now, and you are intending to just waste them in gambling, how bad it is.
Harsh but true! Gambling turns a happy person living a good life into a disaster. If people will take a good look at the stories of those gamblers who have not only suffered but committed suicide due to gambling.
It is a good illusion which fills minds of innocent people with wrong ideas of becoming rich by just placing bets. But the reality is totally opposite to this. 

this is really one of the saddest parts of people who have made their lives miserable by gambling too much and risking their hard earned money and family savings. This should not be the case if they are just playing for fun and entertainment. At the end of the day, gambling should not be blamed for one persons miserable life because it is the person's final call to bet.
930  Economy / Gambling discussion / Re: To Gamble or To Invest? on: October 16, 2017, 08:28:57 AM
To invest. Gambling can make your  money disappear in the blink of an eye and I've seen some people being in the state of shock when they haven't imagined that they would bet their expensive car and lose it instantly.
You can do both but more focus on the activities that would bring your profit, if you are a discipline gambler there is no need to sacrifice your wants because you can still invest even if you are gambling. There are a lot of investment, you can put your money in casinos and you can also invest with bitcoin and some altcoins if you choose. More investment means more chances of success but as we work hard we also have to spend some time to enjoy which in some case gambling is our way of entertaining ourselves.

This is true - we can do both with a careful reminder that we only gamble just for fun and be very disciplined enough to stop when it is no longer fun at all. I also agree that the more invest to different kinds of investments, the more we are going to succeed because we are diversifying our assets and it mitigate the risks of losing all of our hard earned assets because they are scattered and if one or some of our investment is going down, at least there will be more other investments that cover that losses..
931  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: October 16, 2017, 08:23:58 AM
i think it's not wrong. you will get more losses if be addicted and  you will get fun if play for entertainment. it depends on you


I could not agree with you more mate, gambling is really not bad as long as you are just playing for fun and only using money that you can afford to lose. However, it will only become bad because of us when we try to play more than we should and is betting money that big enough that we cannot already afford to lose.
932  Economy / Trading Discussion / Re: When do YOU sell? on: October 16, 2017, 08:16:04 AM
I sold today hope it wasnt panic sell but charts looking not good and market also.
Standard only, I will sell it periodically (when the prices is going up).
This is my strategy and I do this after doing the analysis in several markets and reading news online, Only then did I make a decision.

It was really hard to wait but i think it will be worth since the value in the market is now increasing again from the tragedy dealt of ico's in the china being banned. People and company who invest last month gained 100% profit today since the price go back to normal again.

I feel you mate - it is really not that easy to be patient to wait to sell your altcoins especially with the prevailing reds and bad news against cryptocurrencies but it is worthy of noting that the more patient we become the more rewarding will it be. Just like what Warren Buffet said that the one who will be going to earn more in cryptocurrency world will be the one having most patience...
933  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 16, 2017, 08:04:39 AM
bitcoin and bank both can be mutually cooperative in order to be mutually beneficial. bitcoin will not be popular without the role of the bank itself. as we know payment transactions using bitcoin can not be inaugurated by all countries. bitcoin is increasingly in demand by its users because this type of digital currency is valuable if it can be redeemed into the local currency they use by way of bank work that facilitates the exchange of bitcoins into local currency in each country.

For me, I don't see any reasons why banks will not going to adopt bitcoins in one of their services. At least in the future, because bitcoin really has very big potential future in the financial and investment industry. However, based on research, people who are holding bitcoins are more into using it to accumulate more bitcoins than using it to pay for some small transactions online.
934  Economy / Economics / Re: Bitcoin or gold? on: October 16, 2017, 07:59:55 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

If I had to change all my wealth then I would turn some into bitcoin and some into gold, in 10 years gold would rise and bitcoin if seen from history also increase but in bitcoin unpredictable then I do not want to risk by investing all for bitcoin

bitcoin is really risky but the rewards far outweigh the risk if we come to take a closer look at it. However, gold is also one of the best investment even up to these days - because like bitcoin, their number is really limited and that what makes it valuable compared to fiat money where it can be reproduced multiple times and having inlation.
935  Economy / Gambling discussion / Re: How to quit Gambling for good? on: October 16, 2017, 07:57:08 AM
If someone is really addicted, the only way to quit to go to a psychiatrist that will give him a plan that keeps him away from gambling. If you're still new in gambling you should learn to control yourself and set limits for yourself to avoud getting addicted because it dangerous and may affect your job and social life.

Just like any other things that we do, moderation is the key. When we love drinking alcohol, we need to moderate the intake; when we love eating unhealthy foods, we need take them in moderation; and just like in gambling, moderation is the key otherwise, we will be hooked and addicted to it and before we know it, we no longer have the good things in like like our family and loved one because it may be ruin if we go overboard..
936  Economy / Trading Discussion / Re: Trading is unpredictable job. on: October 16, 2017, 07:52:31 AM
Yes trading is unpredictable and no one can be correct 100% all the time but with experience and proper knowledge you  can at least improve your winning trades average. If you have a loss in that trade it does not mean that you are a loser, Just imagine that  trading is like a business and all business have expenses to have their profit. Losing trade are your expenses. Also educating your self first on what trading is and how it's done is the most beneficial thing before you start trading.

Trading is not easy and we all know that the crypto market is all the time fluctuating so it is never easy to predict the future of the coin or at least the next move of the coin. It is little easy to predict long term future of coins but if you are involved in day trading; you will really face problem in doing trading with your coin. As you said, we should always be ready for losses in trading because it is a type of business.


Everyone knows it and Trading is really unpredictable you will never know what the price will do to the bitcoin and other altcoins you know lot of people got loss  by trading and they blame trading for it. i think depends upon your own approach towards it that how you take it. so pay attention to the price every time you trade and check regularly coinmarketcap (a website to check price of the altcoin) and then take decision either to invest or not.
I think many people don't understand the coins they bought. They just buy and sell base on toward to the wave. The market is unpredictable certainly, but you should read and get information about what you invest as much as possible.

Trading cryptocurrencies are really not like the typical stock and forex trading - in here, there are other factors that we can take into account like the momentary pump and dump and the like. With altcoins that have lesser in value, they are prone to these pumps and dumps, however, with coins that have bigger volume, you can use trading strategies like day traders does..
937  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: October 13, 2017, 01:09:25 PM
The emergence of crypto currency can not significantly affect the growth of crime. Indeed, due to relative anonymity, the crypto currency attracts criminals. However, this is not a lack of crypto currency. This is her dignity, as she gives the person an additional degree of freedom. The use of crypto currency for criminal purposes is a problem of law enforcement bodies, and no more. It is not necessary to defame a progressive phenomenon only because it can be used for criminal purposes.

You are definitely correct mate! We should not focus and divert all of the attention as to whether or not bitcoin or any other altcoins are being used by criminals because even in fiat money, criminals can get away with authorities transacting through the mode of fiat payment. It is really the duty of the respective government enforcers to catch these criminals and we just focus on the good side of cryptocurrencies..
938  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: October 13, 2017, 01:06:38 PM
Right now I'm really stuck with the transaction fee. Because I'm a poor person and $ 1 to 5 $ is a great thing I'll exchange it with our country's money. So the transaction fee for me is not fair but because we can not do it. So let it go, I hope it will be resolved and stop. so that we can freely use bitcoins. Because really much money is missing from me everyday when I go to another wallet
C'Mon, man! You are senior member, you must be aware of the latest trend in fees. There is no need to send transaction fees of $1-$5 for a transaction to happen. The fastest and cheapest transaction fee is currently 140 satoshis/byte. For the median transaction size of 226 bytes, this results in a fee of 31,640 satoshis. That accounts for $1.5. That is fastest transaction fees. Your transaction can very well happen with the fees <$1. It won't even take much time. For blockchain to keep running securely, this much incentive is indeed required for the miners.

I just want also to point it out that the bitcoin fee amount is not really fixed and it keeps on changing from time to time. You can further check it here: https://bitcoinfees.21.co - my advice is to bookmark that site as it comes handy especially if you really badly needed the money and would like very fast transactions with a just fee and not necessarily big amount of fees as it should be.
939  Economy / Services / Re: FORTUNEJACK - Earn up to 0.2BTC - NEW Signature Campaign - Weekly Payments on: October 13, 2017, 01:54:11 AM
FortuneJack Username: Albertbon7
Current Post Count: 2636
Member Level: Sr. Member
940  Economy / Trading Discussion / Re: When do YOU sell? on: October 12, 2017, 07:10:26 PM
well, it's hard to give a definite answer to your question. For example if the currency has no good ideas, etc., for example, I growth expect it will not. Also it is affected by news about a particular currency in the market cryptocurrency

To most regular expert traders, they does not need to guess as to when they are going to sell because even before they open a buy position they have already a target potential gain and everything are automatic unless of course, there are significant news that they know will eventually affect the market.
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