There is no reason to believe in fiat at all, and to be frank, there is no reason to believe in the government either. Fiat is backed by a shaky government in power solely because it can import anything it wants and screw over anyone that doesn't want to listen to them.
Fiat will eventually be on its way out, one way or another. There is no way to keep the scheme running forever. It will eventually collapse, and because of this, there is no faith to be put in it.
Well i think its been running long enough that most people's finances revolve around fiat. I mean right now we really have no choice but to believe in it because we need it. It may be replaced in time but i don't t think it would be anytime soon |
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Probably not get rich cause lets face it as soon as you get your hands on money you get so tempted to waste it , but hoping that when bitcoin becomes a really valuable thing you will one of the few that have it and then you can start getting rich with it  Maybe that is your attitude when you have money on your hands you are spending it immediately to things that must not even to be spend to. Not all the people have that kind of attitude because becoming rich with bitcoin is always been possible if you are that good manager of your bitcoins and you know what you are doing and you have set your own goal. Like holding for a longer years. I agree, We can avoid the temptation to spend our money as long as we know how to manage it . Managing money is not that simple tho cause there are still things that are inevitable to bought . You must have a self control, patience and of course a strong will . The road to be rich in bitcoin is not easy but as long as you have those three it will not be impossible . Well when we think about getting rich, mostly it takes time and the right opportunity. In bitcoin, as you' ve said the trick is to know how to manage your earnings well and to know where to invest to generate more income. Some are good and are lucky when trading. Some are even more lucky when gambling. Bitcoin gives a lot of opportunities and it would be up to us on how we can utilize these opportunities given to us |
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That's why it is always good to have an emergency fund so you don't get into this hole in the first place.
It will boils down to savings, we should learn how to save for the future as we do not hold the future and we cannot see it, anything can happen even the things that we do not expect, so it's good to be ready all the time and we have to start saving now and instill discipline to succeed. We really should be prepared for the future, savings is what we really need and it's the only way we can solve our desperate times if we have it. I know that it's not easy for everyone since we do have a lot of wants in this world that we want to buy and we forget about saving our money but it's necessary. Yeah i think that would basically be the bottom line here. The thing is to avoid being that deperate financially that you would need to loan or borrow money from others. We have to think ahead of time so just in case we find ourselves desperately in need of money, we can pull something out without getting high interests or looking to other people for help |
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I would say it is better to save because you never know when this ride will end.
I have experienced it with some alt coins and they die so quickly that you need to move on.
But bitcoin seems to the one that will always be there in the end.
My investments in the alt trading life made me more aware of saving instead of spending.
Not all investment is profitable, some of them will just leave you unsuccessful if you didn't manage it correctly. Good thing you have learned from your experience and realize the value of money and that is really important. Alt coins are being made just to support bitcoin. Thats why its very important to study first and gain information before you invest. There are a lot of techniques day traders use that works for them so investing is less of a gamble. Although saving also should come hand in hand with investing as there really is no guarantee in investments although we can better the chances by preparations |
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Fiat currency will definitely be replaced within 15 years in my opinion. However, is it going to be a cryptocurrency or something else will come out and replace cryptocurrency? Is that cryptocurrency going to be Bitcoin? There is definitely a chance. That chance would be something that insurance companies bet their money on. I agree that paper money will be replaced but 15 years is not too long cause I believe that it will make a huge impact to people if this process is taken quickly so it must be taken bit by bit so that people can adopt properly . The chances are likely cryptocurrency will be the one to replace paper money cause among all other kinds of currencies, Cryptocurrecies is definitely in the top basing on its progress . Well i don't know about 15 years though. A lot of poor countries still do not have decent online access so it would be hard for crypto to reach those areas. Also i think in 15 years we would still have fiat as the main mode of currency but definitely crypto would already pose a challenge to fiat during in that time |
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Bitcoin is increasing smoothly right now and the price is expected to rise even more soon. USD still essential currency nowadays, but i see really promising future for Bitcoin
Though bitcoin has a quite good price or it will surely have a brighter future but it would still not be where the USD is today, bitcoin is still too young and it needs to face a lot of things ahead, now we will see if it can survive through this or not. Yeah. Too early to tell as bitcoin is not that too established yet. Although we' re seeing a pretty good rise in bitcoin's price, who knows what might happen. The price of bitcoin already dropped several times before and there's a chance it may happen again so you're right bitcoin will still go through a lot of struggles as it is still at a very young stage compared to the dollar |
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Hello everyone, so I joined freebitcoin about a week ago, I can afford to buy around 500-1000 lottery tickets. But when I see last round the first winner has just 120 tickets but other winners got 10000+ tickets, if I buy around 1000 tickets, will it be worth and is it like gambling? Will it be addictive? Guys please tell me that lottery is second form of gambling or not?
Wow you are going to waste money in lottery but you can get your money back with 10x when you win but this needs more luck  when you are dealing with number and if you can afford to buy lottery tickets then buy it. It's actually gambling but good luck you will not going to addictive on that because in the end you will be lazy to bet in lottery. yeah i don't think it's worth buying that many tickets as it would totally be a waste. lottery for me is destiny. if you're destined to win the jackpot, it doesn't matter whether you have one or several tickets. if it's yours, then it's yours. better to just buy a couple and then hope that you win instead of believing that the more tickets you buy would give you a better chance of winning because it won't. |
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I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS
well it is a game. a game that sometimes involves serious amount of money. playing with chances and luck has been an interesting past time for us ever since. it give satisfaction to gamblers simply by wagering even if they know the consequences it may cause financially. i don't think that gambling is even an investment as the risks are way too high to even consider it as such. |
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Gambling is risky game of money from which most people lose and just a few wins. Gambling too is addictive and fun especially when you're winning and that's why most people can't get away from gambling once they get in it.
In gambling you only win from the start then you lose whenever you win a certain amount.
Gambling is really risky game and number one lossing money game. Yet Most of people still playing gambling for their own sake and thinking that they can really always make it profit specially when they had big capital to gambling and start betting high in gambling you need to be sports. well it may cause a lot of negative effects in people's lives once they get too hooked to it. especially as you've said, if people have big capital, sometimes it's hard to control yourself. following this routine would most likely lead to addiction and that's where the sickness comes in. i think it's more of a mental issue and can easily be resolved with the help of family and friends. |
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if you consider the risks, they're pretty much the same compared to those gambling games that rely mainly on luck. with skills based gambling games such as poker, the more time you invest and the more you play, the more experience you will gain and that would have a considerable difference as you go on playing. this also applies with trading. both, at the start, would see you getting the feel of how it's done and you may lose hefty amounts if you're not careful. but in time, as you play or trade more, you'll learn techniques and styles that would make a whole lot of difference as to when you're just starting
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The best strategy is your strategy. Don't listen to other people. You are the one who decide  Just like they say that you should follow your instinct, that's the only way whether you will win or lose you will still be happy in gambling. At least you have tried your best and whatever the outcome it's your decision and not to blame anyone else. I would argue that if you don't gamble at all, you will never lose something, but there's no fun in that... I personally like to gamble with high risk bets for high payouts, keeps the game exciting.. yeah i agree. when you gamble, don't let others decide for you as if you do, regret almost always follow. be responsible for your own decisions and if you lose, it's not going to be that bad as again there will be no regrets. nothing is more disappointing than losing by not following your own insticts. |
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Indeed many false hope of gambling, we must make wise gambling as entertainment for pleasure, don't use too big a gamble for our money, so when win or lose we remain pleased
I think that's too hard to do for a typical gambler, we cannot deny to ourselves that when we lose we will feel something not good and will rage which will result to chasing bets which is the recipe for disaster. That can be done but it needs a lot of practice as not everyone has the ability to control their emotion in gambling. You can go for a deposit of $10 and still have fun with it. For example, on dice games you can start with 1 satoshi which is nothing. Just don't deposit more than $10 or $5, you can have as much fun as you can have with $500 but if you lose you won't really care much about that amount. Or you can go for faucet betting, which is non-risky. Well a small amount won't hurt in just playing that, but a person is addicted it is another story cause an addicted person doesn't have control over his decision clouded because of addiction, but if a person is not addicted then this suggestion are quite good for just having fun with the game and using faucets to get some BTC in playing gambling has been quite popular for me and I am already interested in it myself. and that's why its called addiction because its losing control between the normal way and its go beyond the limitation with this particular advise it can be use short time but for sure gambling addict will try more and more because they don't have any satisfaction. Yup! you are right and there are no certain satisfaction over gambling when it come to someone addicted to it and I think that he will keep on betting again and again until that unsatisfactory subsides but that is not gonna work much for him, he can not be satisfied by just two or more winnings he would go on and on with it. yeah i think that is correct. as long as gamblers get that pleasant feeling of winning, even if they've already lost a big amount, they will continue to gamble. the excitement and anticipation also for me adds to that sensation gamblers feel when they place a bet. it doesn't matter if they lose, being able to place a bet and hoping for the best would be fulfilling already |
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Gamble a little and invest bigger. Make gambling just a fun moment and dont let it succumb you. Investing is far more better than that easy money with gambling which also offers easy way to being broke.
yes that is correct. it goes both ways for gambling. it may, though rarely, give you easy profit and winnings but most of the time is also is a shortcut for losing money and ruining your life. in investing at least, if you are knowledgeable and by doing a little research, you're at least assuring yourself that you have a good chance of growing your investments. |
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Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.
That's good to know that you have made some good profit out of that 15 hours straight and it made productive to you. And your advise is helpful, because many greed people thinking that gambling is really a profitable activity in the long run which is somehow true but that depends on how they will take it. Because out of that aim makes them more greedy which fall into not profitable so they usually say that it is just profitable for short term. What if your lose in your 15 hours straight gambling? I guess it's a waste of time and money as well. I have been gambling for years but I not do that kind of time spent in gambling, I can still do a lot of more productive things. It will make your frustrate if the opposite outcome happened. Indeed mate.. but I think he profits more than losing and I think it made his day worth for gambling.. but I agree, 15 hours is too long to spent for me.. if you have your own family that's not really fine because you have a lot of things to tend to for your family.. but if you live by yourself, then it's a good time to spent. well i don't consider playing 15 hours straight as long term gambling. how long can you keep that up though everyday? perhaps today while playing 15hrs straight you earned quite an amount but definitely that doesn't mean it will happen everyday. for me, unless you have your own gambling casino or site, where in you are part of the house, there's really no sure profit in gambling be it short term or long term |
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I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...
Yes the possibility of gaining back loses is much clearer rather than gambling that will only allow you to keep losing more and more while you are very eager to bounce back unlike trading after sudden loss opportunity to hold or opportunity regain the price always higher if you supported known project. that's right. i think the only similarity between gambling and trading is the risk you put in the onset. but if you analyze it, it's normal to lose when trading but you are,in a way, aware of how to get back those losses since trading requires study of movements of coins. wherein gambling, you have to still hope that you'd be lucky enough to regain your losses if you lose and the chances of that happening if pretty slim compared to when you do trading |
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Stopping with gambling is not easy but its possible without any doubts, its just that you have to set your mind on it and keep believing in yourself stay reminding yourself to it!
It's easy to stop when your problem is not too big, the more you can stop early the better. All in our life is just sort of gamble because the future is uncertain but when we are making a decision that we like to make money on the hardest game in the world which is gambling, I think that's too risky and stupid for some people who does not have a qualifying skills to succeed, and this would result to bigger problem. Yes,its easy when you can still in control of the situation. Also, it is still your determination and WILL to stop that you can make such decission. It is better to stop while you are not still incurring big debts and a habitual gambler. indeed. if you're already at that point where a lot of things has been compromised already and you're too broke and in debt, most likely you would depend now on gambling again to try to redeem yourself which is most of the time the reason why people ruin their lives. being able to manage your time, money and emotions when gambling would be a good gauge if you can still continue. if you cannot control yourself over these things then gambling is not for you. also having a strong ties with your family, friends and having a good social life would be a big help if you're in the process of trying to quit |
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No there is no safe way to gamble and like people already have said there never will be any methods to do it safe because gambling is all about the risk, its in the game and without it it would not be called gambling.
Cheating is just the safe way. But I dont think it is that easy to do that. I am surr they are monitoring it 24/7 and if something is not in the line they will easily fix it. So still there is no safe way. If someone can cheat in gambling then maybe we are all rich now, they are well protecting their business because they want to earn more income. It was design actually for us to enjoy and for them to make money, we cannot deny the fact that it's what is happening. Cheating is not even safe and that will just abuse the gambling site and it won't be effective either for you will be detected immediately. For gambling sites nowadays are wise and some of them have anti-cheat protection system and able to detect unusual activity for their gamblers. So this is not even recommendable if you wanted to have safe methods as you gamble. Thats right gambling house nowadays provide extra precaution they immidiately detected if you are using third party tools that possible cheating their system its a business so they really needed to upgrade their protection. We cant assure anything now because in gambling like what others says luck is only our chance to earn good. yeah of course casinos and gambling sites would anticipate such tools and will be ready for it. the bad thing with that is if you're caught, there may be permanent repercussions so things would become even worse. i think we should just accept the fact that gambling is gambling. if you want to be safe with your money then try other things and stay away from gambling. |
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Indeed when you are playing gambling in the long right you feel boored and try to bet all your money in single shot and then feeling lose after loosing all your money it's already profit but it's gone and it's become stone the wissest gambler i know is they always withdrew there profit and then comeback when they sure to gambling again. In the long run discipline is the most important factor I think, There's aways be a periods of time when we feeling unlucky (longer) and of course sometimes very lucky(shorter), the secret is cutting the losses in your bad days... by accepting what you already lost and just stop playing waiting another day (easy to say hard to do kind of thing) i agree. most of the time we can't control the result of our gambling. and when you play in casinos both online or on site, you also play against the house's advantage so really there's no win win situation for a player. it's a different case though when you have your own gambling site. so for us regular gamblers, i agree that the focus is how to manage our bets so we don't lose that much in case we're not that lucky on some days |
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OKC Thunder suffered 8 lose in 16 matches, only 0.500 percentage. Somebody help Russell Westbrook, he score another over 30 points, but still doesn't enough for Thunder to out score Sacramento Kings. The losing of Kevin Durant starting to effect them badly. It feel like a lone man fight for Russell Westbrook and that not a good thing.
Unfortunately for the Thunder, the other teams are already figuring out how to beat them. The departure of KD is a real big hit to them and all these losses filing up is an evidence to that. Even if Westbrook plays his heart out game in and game out, that just wont be enough. What they need is more consistency from V. O. and fhe other back ups. yeah i agree and it wouldn't be good for westbrook's health in the long run. with the way he's playing each game, even if we all know how athletic russ is, it will take a toll in his body eventually. you can see that he's trying every single game but i don't think okc would go very far with how the team is handling this right now. what would happen if westbrook gets inured? |
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My limit is when I hit the rock bottom (0) so technically I dont know when to stop lol
and unfortunately that would also be the case for most gamblers. though some are even more addicted as they don't stop even if they don't have any means anymore. they try to find ways to keep their gambling routine and more likely than not it affects their personal life. when you gamble, i think this is one of the most important things that gamblers should consider, when it would be time to stop and leave. it shouldn't even get to the point that you would be left broke. there should be a limit to how much you would spend when you play and it should be strictly followed |
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