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MyPrediction: 3995062141
RollinUsername: kryptqnick
BitcoinAddress: 1DjE4XNs1h3FSpqtr9YEC4yU5ki5TmvjFn
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With what huge money, mining farm is the best. Howver, if you are creative and very talented enough, it's better to invest it on building a trading site or gambling site which is currently in trend of now as bitcoiners used it for making profit. It is profitable than mining sprcially one your site is very popular. In the other hand, if you can't mange it, mining is enough to make profit. No, I think mining farm would be more reliable and profitable than gambling site. It is too risky and too hard to acquire the trust of people and people a popular website. Another good idea is to make a good btc to local currency exchange website, especially if you are from some 3rd world country, because there aren't many services like that and they mostly are too hard to use. |
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Just want know how much the gamblers who use analysis when play gambling and what kinds of gambling game? And do you think it is needed or not making analysis on gambling game or it is depend on lucky. Thanks for share your opinions and experience.
That gambling depends on probability and everything else is random is a fact. But we still don't believe in it, we feel like it should be different. That is why when I play dice and have 50/50 chances to win, if I lose I keep betting on the same (less than some number, for example). If I win I'm likely to change my bet from 'less than' to 'more than'. I know it doesn't make sense but thus I feel like I'm analysing the situation and it's under my control.  |
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You usually do trading when you wanna profit from the increase or decrease in a commodity,stock or currency price. While investing means when you trust someone else to manage your money. You can invest in a company stock and receive dividends,a project,etc. There is also the option to invest in a trading fund. Doing so the manager of the fund will use the investors' money to hopefully trade for a profit.  Apart from that, trading is trusting something else in a way, because you rely on currencies and their price. But such relying is present in any kind of business. Trading is about buying and selling for another price hoping to get profit, so you don't care about some specific thing you have faith in. Investing is about giving some money to casino, for example, to get passive income. |
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While buying or selling , I hate the fact that I need to use exchanges that asks us for personal info and If I decide to trade with individuals the process is simply not fast enough , hopefully BitSquare.io will solve this issue in the future and when using bitcoin , I guess I'm like everybody else , the confirmation times are just annoying but that's something else that could be solved with Lightning network. I had issues like that too with a lot of personal information needed to be provided and lots of confirmations of a transaction and me doing it as well. But now I came to know a great website where they ask only your e-mail and then you have to send some amount of btc on some adress when you want to sell them. The fee they take is around 5% and you recieve the money on a credit card in local currency within half an hour. But I guess this site of only for people from Ukraine. |
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This should be in off topic.
Usually pizza cost 5-20$.
What's so special about that 37 dollar pizza?
No this shouldn't. Maybe you just don't know this really famous story about the times when bitcoin was worth cents and some guy wanted to buy two pizzas for 10 000 bitcoins if I'm not mistaken and many people weren't really interested in that. It was back in 2010 and I suppose the guy was one of the first miners, so he had a lot of btc. Here the topic is although the story seems so legendary to me that I'm not even sure this thread is where it actually happened. https://bitcointalk.org/index.php?topic=137.0 |
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I don't think the kids will understand what Bitcoin is if they get such a toy. I mean manufacturers could put the Bitcoin logo on cars, trucks etc. but how will the parents explain to their kids what Bitcoin is and what their kids can do with a digital currency like Bitcoin?
do you think that most of the toys just like Doreman, Superman and Batman etc toys are here, kids playing with their toys and thus the parents also know about the toys name, instead of this bitcoins has a toy shape, than mostly people can know about it. But, we know that this cryptocurrency (Bitcoin) is anonymous, is not the same as superman, batman, etc. Bitcoin is a digital currency and not shaped. It will be difficult to make a toy. I think better to make games that generate bitcoin than make a toys. Bitcoin users are pseudonymous but does it mean that btc is so as well? I don't think so. What comes first in my mind is small round chocolate bars which look like physical bitcoins. And maybe, as for toys, bitcoin can be personalized into some kind of a freaky scientist with letters and numbers on clothes and a small wallet in one hand plus antminer in another one. |
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Welcome to Economics 101 lol. There is no "proper" pricing for anything, it's all subjective.
It's worth what people are willing to buy it for. At the moment that is about $1010 on US exchanges. I don't really see any extra depth to the question/statement. Does Bitcoin have an intrinsic worth?. Do and should mining costs be related to the price? Those are tougher questions. The price is about $1010 at an exchange. The price surely depends on people, their faith and possibilities. As for intrinsic worth.. I think btc doesn't have it, because there are no materials from which it is made. Mining is related to the price in a way, because after halving people who mine need to spend more time and money on doing the same job, so they need it to be still profitable. There is no proper price for bitcoin and yet there seems to be proper everage price of it for the community. |
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China is #1 in mining, So most of btc is theoretically concentrated there. However, we must not forget that it is on the first place in trading as well. This means that we actually don't know how much of btc is in the hands of Chinese but it doesn't matter anyway, because many people from one country using and having btc doesn't make it centralized, because these people aren't in some community making common decisions.
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The whole point of bitcoin and other cryptocurrencies (well most that is!) is for decentralization to occur with the coin and the community. While it would probably be possible for a government like the US to sink enough money into mining to be able to take over bitcoin or any other cryptocurrency.
I'd think that would end the whole idea to bitcoin and would remove everything that Satoshi worked for, so with that I'd like if governments stayed out of cryptocurrencies and still to their fiat money.
That's what I think about the topic as well. I would only like to add that IMO the whole idea of a national cryptocurrency is a failure. Some countries like Sweden consider the option of creating their own currency instead of fiat but I think nobody would agree to use something like bitcoin but without its advantages (national currency is regulated and not pseudonymous, I suppose). |
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Hey guys,
I see every day more and more of these threads asking where to invest BTC emerges. This means people have liquid assets, lots of BTC laying around and nothing legit and real to invest. I m not talking about HYIP and similar scam BS where they promise 3% per day. I m talking about real investments assets, comparable to fiat money options bringing something manageable like 3% a year. There re very few of those.
Is it because crypto owners have become so spoiled and anything below 10% per month is not acceptable to them due to past pumps and dumps of different crypto assets? Is it because of legal issues obtaining BTC? Is it because investment companies do not need money or do not want to tap into this market?
The truth is PEOPLE HAVE GOT MONEY and do not know what to do with it. With fiat, we d have tons of different funds, advisers, firms and so on, LEGIT companies helping you out to invest and differentiate your risk for a fee. True, earning re much more modest compared to yield we ve had in crypto so far. But I always choose sustainability over easy money.
So, what s up? Is crypto community so weak and uninterested to make money?
Crypto community is not weak. But the real thing is that big investors an those who are earning huge in the bitcoin industry doesnt give away their secrets like posting it in this forum, they are just quiet and busy earning more money via bitcoins. For me cryptocurrency is the best deal, with only a few cents worth of bitcoin and with long term trading for about 1 to 2 months it become a hundred box without even constantly checking the trading site. Profit is here in cryptocurrency but real investment is not posted in this thread. Well, I m sure there re people here able to invest 100 or 200 BTC to something interesting, profitable and safe. These people re not big investors but they re not small either. If I were in any other FIAT supported industry in and of developed countries, I d be able to find a consultant presenting me with at least dozen interesting projects, from solar energy, waste management, real estate development, agriculture, etc. Nobody goes around in those industries saying, "I ve got money, what to do?". Only here people have nobody to turn to. Do you know any crypto investment consulting firm? No, there re not any, at least legit ones. Why? Cause there re few legit investment options. Why? Cause everything is a scam in crypto. Why? Cause there s no regulation and regulation we dont want. A vicious circle, if u ask me. 100btc investor is a big one, I think. As for investments, I think the reason there are not many options so far is time. Cryptocurrencies are comparably new and mostly companies don't accept them yes as an investment. However, investing in casinos is very popular if we take btc. And it is not a scam, it is just about luck in many ways. |
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Great,Switzerland is now very friendly for bitcoin,services like WU or Money Gramm are going away,chinise have bought money gramm i ve been reading something thay will try use digital currencys
Maybe news that SNB is accepting bitoinare around corner and it is reason of price spike
I've seen such a post before with photos or some guy buying bitcoins in Switzerland this way but is WU really going away because of this? Can the opposite thing be done, can you buy euro for btc? If not then WU still has its advantage that you can actually get cash and buy something for it. Although I hear the taxation is very high there. |
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I played some time and unfortunately I did not win anything but stopped when I reach my earnings back and withdrew but it was fun to play. I must agree with all here. I think it is better to invest into the site. So the next time I have some deposited I will put it into the site's bank roll instead this time. Is there a minimum needed to invest I quickly looked at the faqs and think I missed that mentioned. But 20% is a nice profit to get back. I'm thinking about investing in one of online casinos as well now. If I'm not mistaken there is indeed a minimum investment sum and it equals 0.01btc. What I've noticed so far is that it is some kind of a universal min amount in btc you can invest. But you better check out if they have this different types of investment (short-term and long-term one). Good luck to you! |
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I think the list here is built on a wrong criterion. It looks at how big was the price rising of a currency in USD but it doesn't take into account what the price actually is (so, Monero has 13$, btc has almost $1k and yet bitcoin is on the 10-th place) and for how long the currency exists. I believe it's quite natural for a cryptocurrency to get from less than 1$ to something around 10$ but it doesn't mean at all that in a few years this currency will not remain with the same price. I've never really heard about monero before. |
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Bitcoin is pseudonymous which means all transactions can be seen but nobody knows which wallet belongs to whom. It is protected in two ways from the inflation (fiat can't be protected from it by its nature): limited amount of btc and halvings every 4 years. Apart from that, bitcoin can be exchanged in any country and if you have it in online wallet you have access anytime and everywhere to it. As for the site, I think it is not a very good idea, because it would be too hard to make something more popular than already existing sites, you know.
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Hello. I've been on your website and I was thinking about making investments but unfortunately I haven't found anything related to investing in your casino. Could someone please tell me if investing in this one is possible and what is the min sum of investment in bitcoin right now? Thanks a lot.
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This should be the most reliable stop for the exact stats: https://dicesites.com/ . Its a third party site made by NLNico, so it shouldn't be biased. Wow, thanks, I've never seen this one, I'll try to figure out my thought using it. Never thought of that, because there are sites that I know but I never know how much profit are they getting every month or week. Why not ask them, PM the owner and tell him that you have an interest doing some investments and ask if how much are they getting, though i think it will be rude. But the point is, you are investing so you can get profit so you are just being careful about it, so just ask them.
Most online casinos publish their win/losses as far as I know. The reason they are collecting investments, is to make sure that they have a big enough bankroll to pay in case someone wins big. Without the investors, they wouldn't have the liquidity required. Basically, the investors carry most of the risk for the casino, which is worth a big chunk of the profits for the casino. Yes, win/losses can be seen mostly but there are to many bets per day and no statistics on months and stuff. Investors carry the risk? In which way? I mean, if casino is able to pay the person, my stake is still mine and I get the money from the general profit, right? |
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means 1 BTC is worth $ 3,571,428.57
meaning 1 satoshi is worth ~4 cents
Fees to withdrawal BTC from an exchange is Fee: 0.00040000
at 4 cents each , that comes out to $1600
you have officially stopped trolling and now you are spreading FUD. here you are using an imaginary future price but use current real fees in your math and pretend it is correct. your whole comment is full of flaws. Todaybitcoin price is $980 fees are ~100 satoshi/byte or 0.0002 per tx even if we assume it is 0.0004 means it is $0.39 A couple of years backprice was $5-$20 fee was 0.01 BTC per tx in the futureif price were 3.5 billion fee would be 10 satoshi per tx fees have changed multiple times in the past and will change in the future also. Okay, due to many halving that bitcoin will experience, the reward will be less and thus the fee is going to decreaseas it is the sum of those btc which are sort of between blocks after operations. However, this is not enough for bitcoin to become a universal global currency, because another important thing is the time one transaction takes, right? For people can't wait too long when they buy something in a queue, for instance. Can trasactions occur faster than now? I don't know what is it connected with, so I can't answer this question. |
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Hi. I'm not sure if this is the right place to start a topic but I really want some answers and it's connected to gambling in a way. I'm thinking about picking a casino and investing in it, so that I can have some small income every month (if everything goes okay). What I wanted to ask is if that is possible to see the information about casinos' income per day or month for now or is it private information nobod really gives that easily? And do you think investing in casino is a good idea, by the way? Thank you.
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but the $1000 barrier is a big psychological one, so people will be afraid to buy above such level, specially after the start of year dump, considering that there are no news that could justify the rise
I don't will be easy, but will happen, eventually, and probably will take more time than some days
Yes, I agree with this. Bitcoin can hypothetically stabilize around $1k but if we think about the beginning of huge general unstability of our civilization (Trump, Putin, ISIS) and add people not having enough faith in bitcoin I think we'll need some time to see that. I think it is really good for now if it becomes stable around $900 for now. |
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