When one think of borrowing bitcoin, he needs a scheduled plan to retain a profit to repay the interest for the borrowed amount. If this doesn't work he should have an alternate plan to pay it back else borrower is the sufferer.
Indeed the scary part about borrowing is you don't have that money else you wouldn't borrow and you need to pay that money back plus more so without a plan you can fail and failing means losing a lot of money most likely since rent will stack up on it. That is why I don't find borrowing is very helpful to me. Because I'm thinking the negative part of it, even though I can say that I'm able to pay the whole borrowed bitcoin plus the interest rate. But still I don't want to see people earning with my bitcoins by just lending it to me. I don't know, that is what I'm feeling. There are really people dont like to borrow money even if they have the capability to repay it in no time, it depends on their mindset and feeling . In your case you just dont want other people to earn bitcoin then you are selfish somehow. lol. But there are really times that we should need to borrow especially on emergency situations.
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Even those who crashed in late can still make some decent profit if they are willing to wait for like a year. The thing about coins is that they all have peak periods, the gap between these peak periods is what freaks out lots of traders.
You are right! All of the coins has a peak price which is really high price! that could brought us a lot of profits but after that big dump happens and following is a stable price! Small pumping and big dumping which is you can earn also profit on that but not really big. Its just a normal thing for a crypto to pump and dump big time and for sure to those people who engage on it on earlier time have make decent profits compare to those who bought on peak price then i assume they have lose such amounts and we cant really avoid this things on crypto world trading.
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Price always matters because with a low price I will not be here and we cannot attract potential adopters.
Correct bitcoin price matters a lot, we are always looking for the higher price because it would gives lot of profit in our investments and also it good to spend higher value of bitcoin. Price is very important. Drops prices provide an opportunity to trade. The growth of prices for Bitcoin gives you the opportunity to invest for the long term how would you determine the growth of bitcoin and would like to know what motivates you to invest in bitcoin for long term, i would say the price of the coin is important to the echo system to keep this evolving yeah to echo his own system of bitcoin bitcoin then the price would be in need. not possible if commodity prices do not have any at all, of course there will be no one who will invest. and it is impossible if the currency does not have a rate, naturally there will be no one who will use it so the price will be very important Who would gonna be like to invest to a certain thing if doesnt have any value/price? for sure no one would intend to do that because its just like suicide on your money. Bitcoin price does really matter because many investors and users of bitcoin is always after it to make profits.
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I've gambled on this site for 2-3 days so far, and I like it. The concept reminds me of CSGODouble. I've had several large wins, and I've already made a name out of myself on the site.
Even though I hit green with a 2 mbtc bet, I still made larger bets, which I don't see you've posted, but oh well.
I've wagered around 3BTC on this site so far. I've had large wins, where the largest was a 20 mbtc bet on green. I've also had huge losses, where I've lost huge bets on both red and black.
It's gambling, like any other gambling. It just makes the gambling more entertaining.
I can confirm this user is telling the truth. He will be making some youtube videos for the site as well. I second, this person do make huge betting and do hit green sometimes which could make his bet x14 but i also witness that this person lose bigtime but still hes profitable quite enough on this game and also hes a new player with some luck ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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We have fixed the chat, now delays will be depending on your rank on the site.
3 seconds for VIPs 2 level and higher 5 sec for VIP-1 10 seconds for all other
Thanks admin for the adjustments regarding on chat limit because most user do have complain about these. To all who have reacted on regarding on chat limits now you could able to prefer on what vip rank you have. The higher rank the lesser the time limit. Thanks for this.
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Post counting for this round has started.
Will update this post when done.
Im recieving now my campaign salary. Thanks Avirunes .
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Why is someone get addicted to gambling once he gamble ?
I think that people become addicted to gambling when they won one time because then they think that they can do it again and again. They will ply until they win again and this just keeps going and going. It feels nice to know that you have won and leave with full pockets. You are right but not only winning brings addiction but loosing too is very dangerous and makes us addicted. When we gamble and loose money, we are unhappy and within us a voice says that the next bet will be a winning one. So gambling is dangerous no matter if winning or loosing. Ther is a fack about gambling on which I believe that an addicted continue to gamble if he continuously win and when he continuously lose then he one day leave it and if someone goes in mid then he will lose his time and money. Gamblers with an addiction in gambling do gamble most of the time, and if he win he will still lose it in the end. Maybe that problem will continue unless he stop in gambling, the only solution I can see is just to let him learn the hard way and that is when bankruptcy happens to him. They wont stop unless if they experience total loss of money or bankruptcy especially to the situation when you dont have any money to spend to do gambling and they already compromise other things like their financial status then for sure he would realize it and able to stop completely.
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first things first,gambling itself is not a smart move,most or all gambling is luck based,in sports betting there is fifty percent chance that you win the bet if you carefully follow the sport,dice and roulette is sheer luck,there is no specific way and if someone knows the trick he will keep it for himself. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yeah , but in gambling your knowledge and trick will not work if you crossed your house edge profit in the gambling site . here it is important to mention and to know that every site has its house edge profit limit . if we get that profit then we should cashout our gambling btc . True, and most of us are havig a hard to do that one because we are feeling the hype instead and gets more greedy so in the end we end up losing the profits from the house instead Most of gamblers do have these problems when they are already experiencing winning streaks or even to hit jackpots they would still keep on playing instead of stopping because as you said greediness would push or pursue you to bet even more and aiming for more profits but casinos are not charity that always give money thats why gamblers losses on the long run. Theres no smart way on playing gambling.
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to me gambling is some thing different from trading, trading is less risky than gambling, gambling is totally a game of luck while in trading you must have good knowledge about the product and must have good trading skill.
I do not think its less more risky because in my eyes it stays almost even risky to do, gambling is very risky if you are asking me, it has maybe some more options so maybe a little less more risky but its stays almost the same in my eyes.. But you understood wrongly because gambling is not for making money and just to have a fun so there is not point that it is risky unless you use gambling to make a profit then it is very risky. If you have some skills and go for long trades then it is more safer to make a money from trading. Both are different if you use it correctly. In overall that is really what gambling are suppose to be, it is very hard to win here in the long run as in the first place most of us does not have a decent bankroll to start, let us take for example sports betting as people said it can be learn and strategy would work but there are a lot of factors to be considered and one of that is the bankroll. Having enough bankroll would be the one of the most important thing when you intend to gamble because you could easily adjust the amount of bet and desired amount of possible winning outcomes. The more you risk the more you profit but still dont forget that you would also lose that amount. Trading is also called gambling in terms of money oyu risk but you could somehow lessen the risk if you trade smartly.
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I don't want that happen because I have 0.01btc i know this is not much amount but my friends are having 10 to 12 bitcoin so if bitcoin gets banned then all there money would get e waste. and they could become poor from middle class which they could never recover.
Theres nothing to worry about hence they could still use their bitcoin and those coins are on their possesions as long no one knows the keys they cant stole it . If it banned globally then for sure there would be underground situations or transactions would happen and that time bitcoin anonimity would be a big help.
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If bitcoin will be stable price someday traders will will stop trading and investors will go out because they are not making profit anymore and i think bitcoin still not so popular as of now.
definitely true,so many traders are into bitcoin because of the unstable price that could give them profit rather than trading fiat that's sometimes stable for a long time,and i think there's so many traders that could take advantage of this unstable price and if the price were stable they will get away from it because it's not profitable anymore to stay here and seeking for another alternative for better earning And they are just doing right since we are in the early phase and that helps a lot of the increase of demand of bitcoin. When the price increases more people will be attracted to adopt and that is why we are growing bigger now as a community. Yeah Im agree with it and according to my research bitcoins have more buyers than the seller and base of my understanding they are more people adopt bitcoins now.What do you think I do not think it would be popular or more new users will adopt bitcoin since the price of bitcoin is stable, bitcoin are popular because investors see the potential income due to its price fluctuation. You have to think outside the box dude, the price nowadays is not stable that is why it is popular to the investors and traders alone however in the future if the price will be stable it will be popular to the online merchant and the shoppers, so if you will analyze the bigger popular are from those who spend online. You have a point if bitcoin price would somehow stable then it would be used by some online merchants and shoppers but still fiat currency would be its contender which is very hard because people would still intend to use fiat regarding on online purchase rather than bitcoin because not all knows bitcoin as well.
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today anonymous big winner , I can not believe how lucky is this guy. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Very lucky guy, he hit the green which gave him the winning of 28 mbtc, thats what i like on bitdouble io because of the possibility of hitting green though it has small chance.
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I did not store all my money into bitcoin. Because we all know that bitcoin is a volatile price. So its a wise enough that we should not put all our investment into bitcoin. Thus, its a really risks to trust your money all into bitcoin.
And that is not a good idea. There are other more ways to earn while taking advantage in the price fluctuations in bitcoin. So just put some portion of the money in bitcoin and make rooms for others too for regular earnings purposes. i wonder who holding bitcoin without have fiat money, i guess noone. so put the whole money to bitcoin is not really necsessary , as put half of your money more than enough. bitcoin is a good long term investment , if you put all money to bitcoin hard to live for now. Yes and to be able to get profits just by holding bitcoin, people needs to wait for more time as price fluctuates much. So how's the deal with other spendings if they will just rely on bitcoin alone which they didn't know when is the right time to sold their hold coins? So another source of income or earnings must take placed while waiting for their "right time" in bitcoin. Yes if you are investing the full amount its gonna be a hard time because you also need to pay monthly things and how do you even pay them than. If you are investing all your money into the bitcoin you most likely also are fully into it. You would surely compromise many things if you intend to put all of your assets on bitcoin. As you said how would you pay your bills, buy your daily needs if you dont have money anymore because you put it into bitcoin. For me i wont do such thing because its a risky thing to do and if i would put money maybe 10% would be enough already.
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Not possible, you will highly get to the point that you will lose except if you are cheating and that is not cool anymore. You will lose the excitement with that and might end up in jail.
Cheating on gambling site would be possible if theres a bug or exploit on the script of a certain gambling site but its also a rare case even to find one of this situation because gambling site owners wont let this thing happen because if this would exist they would surely lose huge amounts. Gambling is designed for entertainment and if you intend to play it then expect you would suffer loss.
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If you have an idea for a possible productive opportunity which you think you can make a reality then taking a small loan may be justified unfortunately most of the loans in the forum are for gambling and stuff like that.
There are people who taking out long term loans for business purposes. This is an example of a good purposes that a borrower do. But for gambling purposes which the output is not that clear then that is really a shit if people will borrow just for that even for a small amount. Those kind of borrowing money would be very useful and wise thing to do because you use it for business purposes and you could able to gain profit with it. Borrowing money for the sake of gambling then as you said its really a shit thing to do and you make yourself put into a big problem in the future, Yeah and the problem is widespread, I do not go to the lending sub forum that much but out of curiosity I saw some threads and a lot of users asking for a loan are doing it for gambling purposes. Borrowing money for gambling is not a good idea on any way because it would put you into deep debt on long run especially when you are using it for gambling and as we all know that gambling would definitely lose up our money and doesnt guarantee sure profits. Yeah and I think if the lender is going to ask you and you are going to answer that for sure the lender will going to back off and not going to reply to you anymore. Because why you are going to borrow just for gambling? The chances of winning in gambling is like 1/100 and how you are going to pay that debt if you got lose? In fact you are mistaken as I have said if you go to the lending sub forum you will see people asking for loans for the explicit reason to gamble that money and they still get the loan if they are offering collateral. Correct, lenders would not mind if what purposes does the borrower have as long he has a good collateral on his loan amount then they would surely agree on the transaction because no matter what happens to the money of the borrower the lender wont mind at all since its his responsibility to repay back the loan amount or else hes collateral would be at risk.
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For Bitcoin to reach 1000$, it needs improvements. Besides improvements, it needs more whales to invest in it and a low supply in my opinion. The improvement they need to implement for it to reach 1000$ I think is the transaction confirmation time since sometimes, it is slow and delayed. If it is lightning fast, it would attract more whales to invest in bitcoin and it will cause a price rise.
yeah i think it needs a lot of things that must be prepared for bitcoin prices could rise to $ 1,000 back, I do not want prices to rise quickly and fall very quickly as well, such as a few years ago, I would like bitcoin prices could stabilize in the $ 1000 price It would really need high adoption on bitcoin in able to increase its price to $1k price point . Same as yours i dont like to see price of bitcoin rise quickly because the intence of falling back is also there . Its better to increase gradually and lets wait for bitcoin to improve more in the future. As long there are bitcoin users , this would surely improve more in the long run.
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If u were a USD multimillionaire, say right now, immediately, would u still use Bitcoin or would u ignore it?
What would u do? What would ur plans be?
~CfA~
If im a millionaire i would sure put some of money on bitcoin because i believe on its potential to grow more in the future and making and securing sure profits but still i wont risk all of my assets because theres no guarantee on future on what would happen. If im millionaire i would diversify my money on any investments either on online or physical world.
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You can contact some experienced campaign's managers like Yahoo and other ones, they will help you to running your signature campaign. Use an escrow as well to encourage members to join your campaign
I would like to recommend yahoo as a signature campaign manager since hes doing good on handling sig campaigns, i know there are lots of manager but mostly i joined his campaigns that he managed. Others said that you must escrow the funds so that participants would be interested to join in your campaign. There are no requirements on running a sig campaign as long you have the important things like funds, codes, etc.
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I have seen green 0 come thrice in a row before, and I was lucky to bet on 0 two times in a row and manage to double my deposit ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Wow, you are very lucky on that day mate since green color or 0 is very rare to come out and you experience and saw 3x 0 which is very good time to bet but well we dont know when 0 would come out because it has a small chance in every roll but still its worth if you hit it because of sure multiplied profit. Just bet on amount you can afford to lose anyway.
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Dont even heard about it about trading bots but if those thing exist i would not mind to use it because its better to do it manually because you could observe the price movement correctly and no bot can decide which is the best time to buy or sell but yourself only.
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