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9501  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: September 20, 2016, 06:28:23 AM
No there are no safe methods to gamble and there also never will be any safe methods, gambling is not safe and it never will be.
Gambling is based on luck and its risky to also gamble, its not gambling for a reason right..

I agree that gambling is not really safe at all especially if you have a lot of money even you are going to keep on gambling. Possibly that you are just going to lose all of it.

And if you want to safely gamble then it is better if you are not going to gamble anymore so that you money is going to be safe at your pocket.

Because once you are already in gambling you are not going to be able to control yourself.
Lack of self control of discipline will always result to negative outcome, the worst thing that will happen to you is that you might face bankruptcy and time will come you will blame gambling instead your self because of negligence.
9502  Economy / Economics / Re: Is Bitcoins safe? on: September 20, 2016, 06:02:32 AM
To think that bitcoin is safe is not so wise by my opinion. To hold all your money in bitcoins would be tricky, cause of the price for bitcoin is not fixed and excangers and wallets can't guarantee you 100% protection. Nobody can say us the bitcoin future, professional economists hate bitcoin and predict death to it, but as we see bitcoin is still alife and working.
The system is safe I guess but in overall there is no safe when it comes to investment or as a currency, but this unsafe coins is giving us the privilege to make money through our investment and other ways to earn, so we should be thankful we discover bitcoin at the early stage.
9503  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 20, 2016, 05:55:34 AM
If the price of Monero reaches 100 usd ("moon") I am expecting the OTC volumes starting to hit the markets.
Monero is a currency which works the best in OTC platforms where people can transact between fiat and Monero without revealing identities to each other.
I am expecting the OTC trading to such Moneros from circulation and creating severe shortages in those days. Shorting Monero will be welcomed warmly because the shorters will give markets to the accumulators. The only problem is that shorting Monero do not pay that well because the accumulators will not buy the coins in order to instadump into the short covery bids.
I am confident we will reach to that level, the price has been good so far and it starts to pick up already from falling to the level of 0.014, I think this is a great start already as for today the price is 0.017 and I have seen on the chart that the volume increases also.
9504  Economy / Gambling discussion / Re: When gambling makes you cry. on: September 20, 2016, 05:36:24 AM
Gambling can really make you cry but I think its not bad but even logical, gambling is based on luck, and sometimes when you do not have this luck you will cry because you have lost money...
I think its normal and that we have to live with it...
yes gambling can make you cry bit if you have no control on your self, and continue loosing in gambling, but if you have full control on yourself then gambling cannot make you cry, because you do gambling up to the limit you can afford,
Yup in gambling controlling our emotions is very important. If you don't have control of your emotions, then I am sure you will cry one day. Because our greedy will lead us to play everything that we have in our pocket. Once our pocket empty then I am sure we will cry. But I have control over my mind I know when to stop gambling. So I never cried till today, but I felt many sad times when I lose my bet.

When losing in gambling that is really the only reason why we are going to cry. I had experience that too before at first I am big winner.

But I don't secure some amount to my profit, so in the long run I lose almost all of my winning by that time.

So you know what happened next,  Cry.
Well, that is not new to us here, we have a similar experience, I also experience winning big amount but due to the greediness and thinking that I have already found the secret to make easy money in gambling, I gamble again but lose, in the long run we still lose.
9505  Economy / Gambling discussion / Re: MY gambling strategy to limit loss and make btc on: September 20, 2016, 05:31:42 AM
My strtegy is very simple. It is called self control. i strt with .01 anytime i get  more than .001 over that amount i immidieately withdraw that ammount into coinbase. this way, i cant get cocky and gamble away huge orofits! Ehat are you guys opinions on this strat

Your strategy is too simple.

But for my opinion,
You have a low amount of limit to the winning amount you set,
It is better (if you have a 0.01 bitcoins at stake) to set a higher amount of winning.

And also how about your limit in losing?
Cause what if you lose all you 0.01 before winning 0.001?

This make sense. If you only play with .01 in one setting, you have the chances to get bust in one run. If I were you, I should divide that .01 into 10 so every session, you only play with .001 and play with your strategy. If you lost that session, you still have 9 more sessions to cover your loses. If you only play 1 session out of .01 and lost, there is no way for you to fight back again. For me, 0.01 bankroll is not enough though to see significant profit if you play smart.

It looks like great. Instead of losing 0.01 BTC in the single bet we can use this strategy, and we will make a profit. But the profit is very less I agree. Then also this is a good idea. Suppose if we lose 0.01 BTC we will get hurt lot and it will take too much time to earn back. If we lose 0.001 BTC it easy to get back in within few games.
The amount does not matter, the most important is we only gamble the money that we can afford to lose, there are many games available online and we can get the real happiness if we do not think of winning, you guys will even feel sad losing 0.01 BTC which is a small value, how much more when you lose bigger than that.
9506  Economy / Gambling discussion / Re: Is that also happens in gambling ? Losing his wife in gambling.I am worried >:( on: September 19, 2016, 09:32:04 AM
Man loses wife as stake in IPL gambling;

A man from India put his wife at stake in an IPL betting game and lost her in that game.

http://timesofindia.indiatimes.com/city/kanpur/Man-loses-wife-as-stake-in-IPL-gambling/articleshow/52480224.cms
LOL, what is the value of the wife, I think the wife is not good looking or has been a problem by the gamblers that is why he use his wife as a bet, but really that is a rare cases and that is what happen when a person is so addicted with gambling. The next thing might happen is he puts his parents as bets in gambling.
9507  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: September 19, 2016, 09:28:34 AM
This scam is still alive? LOL,

If it is true that we can get back the amount of we loss in the past then that is good news for everyone, but I would not bother myself because it is just a small amount and I actually forget it including my password of the site.
9508  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: September 19, 2016, 09:21:26 AM
I gamble for fun mostly, I play poker so there is a chance that if I become really good I could see some profit but right now I am not at that level.

Poker is wonderful way to have fun there, that is true it's very profitable for skilled players and if we play more in our spare time than we can increase our skill and chance to make guaranteed profit by playing poker.
I want to learn this game but only to have some fun because i dont want to be addicted in gambling i know oportunity is there if you know how to play well.
If you want to learn playing with family and friends is your best option, and if you want to add a little bit of flavor by playing for money then create a tournament, everyone pays let’s say 5 dollar’s if you have 10 people that is 50 first place gets 30, second place 20 and third place gets 10, you will get tons of fun and you will not risk much
It is better if there is no money involve in playing the game to avoid being addicted, I know the money will give additional thrill but on the bad side it will also give you a way to start your addiction in gambling.
In a way you are correct but you must understand that in order to play poker you need real money, after all if there is no risk of losing anything everyone will just call every single hand, poker is a game that cannot be truly played without money.


In order to get money, you need money, time, effort - all of these three or either of them. There is really no free in this world that we live in. Unless you are up to things that can't be bought - and I still wonder how to differentiate the thin line between things that can or not be bought. Playing poker if you are  just new to this game, is preferably played with free money and when you get the hang of it and the required skills, that is the ideal time that you put real money in to it.
Definitely right, I think for us to be successful in gambling we need to do it full time. Like others who are dong full time, for example a poker player is making great money because he got the skills to win most of the time and you cannot just acquire your skills without training yourself and going full time.
9509  Economy / Gambling discussion / Re: Trading vs Gambling on: September 19, 2016, 09:18:17 AM
iam prefered gambling

Are you sure gambling is profitable and what the reason for this, I don't think gambling can be safe like trading, if you are very lucky person and have your luck with gambling than you can say like this, I am interested to know more about your story.
He preferred gambling but it does not mean it is profitable, some like gambling because it is fun to play while trading is boring, and there also people who makes a good profit in gambling and it is faster compared to trading I guess, really depends on individuals comfort.
9510  Economy / Gambling discussion / Re: First NO DEPOSIT BONUS in BITCOIN GAMBLING on: September 19, 2016, 09:11:11 AM
Free deposit bonus is not really free because you need to comply with their basic requirements like a roll over requirement, but the amount is not really that big amount. I would love to participate and use my time if the bonus will increase.
9511  Economy / Trading Discussion / Re: Trading is unpredictable job. on: September 19, 2016, 09:00:26 AM
If someone knew how it will move then we can all be millionaires it. That is why some people says it is like a gamble but with a little risk in it. I think they are almost the same. It just takes more time with trading for you will have to wait for the fluctuation. Some clues would be the volume of one altcoin. It says how strong it is gaining trust of rich people.
In general it is unpredictable job because only few of the total traders are successful, some of us are not getting our goal in trading so we resort to other forms of making money like directly investing our bitcoins and sometimes we also consider gambling because we are desperate of a good income and we want it fast.
9512  Economy / Gambling discussion / Re: Why is it Sports Betting is better than other type of gambling? on: September 19, 2016, 08:56:34 AM
I dont think sports betting is better than any other type of gambling. For me, the one that I already familiar is the better one. Frankly, eventhough you can collect data as much as possible, the house will collect more than you got. Hence, they will be able to make some appropriate odds for every matches.
Just to let you know there is no house edge in sports betting, there are odds that we are free to choose but it is not like in dice games or machine operated games that there is always a house edge, that is why people are loving it maybe because of the good odds compared to other games.
9513  Economy / Gambling discussion / Re: What is your gambling strategy on: September 19, 2016, 08:52:38 AM
After tried every type of so called strategies I have reached the conclusion that nothing works for long term. In short term it may be which can be illusion that makes us believe that something is working. Gambling do anything what you will get in the end is just experience and some thoughts not money for what you work so hard to win.
Being lucky is the best experience in gambling but overtime we will lose due to the house edge, there are a lot of factors why we do  not succeed in gambling and one of the major hindrance is our greediness to make money without thinking realistically.
9514  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 19, 2016, 08:50:14 AM
Wise men diversify their investments and always seek out extra inflow of wealth, so do i by their lead. I am not yet ready to give up regular full-time job because
currently it provides me with much more income than what i earn with bitcoin.
I know some people that did commit soley to bitcoin, but sadly it didn't work out for all of them, and some now have huge loans (mostly those who invested in bitcoin mining operation) and
have no good source off income to return it.

One day in the future i believe there will be enough space and wealth bitcoin related, and many will find their place in bitcoin related service or jobs, but for now, it's best
to leave it as a side job, and additional source of income (or better yet just save it on the side, because we all know that bitcoin will either thrive one day)


If i was able to make that much money with the bitcoin i will go full into the bitcoin for sure but what i also know is that it can be a big risk to go full into the bitcoin.

Actually the fact is we may earn descent amount of coins on regular basis but we don't know what value it will hold in future and that makes it really risky to get full time into it.
The risk will always be present even in our job, our company has the possibility to go bankrupt and what is the reality is we will not exist forever in this world so it is good to take the risk and get out of our comfort zone and prove to the world that we can make better rather than an employee for the rest of our lives.
9515  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: September 19, 2016, 08:46:42 AM
The price of bitcoin is the only reason why it is so popular. The volatility of the price is the only reason why traders invest in it and make profits. Also from a more practical view in countries where fiat is still popular and bitcoin still needs acceptance, it can be exchanged to fiat - and that is where exchange rate and price again come into view.

Although the volatility of the price helps some lucky traders to earn money, most people don't like to use Bitcoin exactly for the reason of its volatility. I'd rather prefer that Bitcoin would be a more stable currency than it have been in the past years.

Btw the price is pretty stable for the last several weeks and I think that's a good sign.
That is boring in the eyes of the traders, they want some action if possible on a daily basis, stable price would mean that we are progressing and there is an influx or new players coming in the market, I hope to see a more stable price in the future but nowadays stable price is not normal in my eyes.
9516  Economy / Trading Discussion / Re: how to start trading with a very small amount on: September 19, 2016, 08:43:01 AM
i think trading with very small amount is very dangerous and risky, small investment in a business mean losing it simply. if you want a profitable trading you must invest a bit amount of bitcoin or your fiat money, if you are investing a good amount you are increasing your profit percentage.

Increasing money increases not only profit percentage but also loss percentage if you do lose money from the investment.
You can start great with a very small amount, just look for very small priced altcoins which will be able to grow a little bit of profit then get rid of them asap.
That is a complete gambling, you will have to participate on the pump and dump game? Not all the time you will hit a success and there is no trend for the success, better stay with that if you are starting, better start with a coin that has a good future so you will continue to monitor it and you can gain knowledge.
9517  Economy / Economics / Re: How good are you at managing your money on: September 19, 2016, 08:37:58 AM
Everything changes when you are starting a family, especially when there's a baby. What seemed to be a lot when you were single just won't be enough to feed at least three persons. I am the only one working right now because my wife is the one taking care of our kid. It is a bit challenging to manage our finances and I still have to find other ways to augment what I get from my day job. But I don't compromise on savings. I make it a point that there's a portion already set aside that goes directly into investment.
I can relate on your situation mate, I already have a family also and though sometimes I plan to save but the time would not permit as my earning is not that big enough to allocate for a good amount to save, especially when there is an emergency in the family that your children is not feeling well, you will be force to spend your money for the safety of your kids.
9518  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: September 19, 2016, 08:30:33 AM
also when you are rich you have enough money to keep following your losses until you win and make all your losses back.

for example you can even try martingale strategy and we all know that one of the biggest reasons why we all lose is that we do not have enough big bankroll. but if you are rich you can increase your bankroll so that you end up winning eventually.

Martingale strategy does not work even if you have a very large bankroll. The only way you can win thru martingale is if you have infinite money, and we all know that no one have infinite wealth. If you are already rich, you do not need gambling to make money. Start a business, make it grow and do gambling just for fun.
It works if you are lucky, and base on my research, it is good to use it in sports betting because you can easily analyze the game compared to the dice when every spin there is a house advantage, when you are a good sports handicapper, that will give you an advantage.
9519  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: September 19, 2016, 08:25:46 AM
Why do people keep saying BTC is dead?!

Because they don't know what they're talking about. Those people are just handing their bitcoins to someone else who deserves them more.
I am not sure on why people say that Bitcoin is dead I am sure that people have different reason for this because they will not say it without a reason.
I think that people think that it is dead because the price is to high for some people to afford.
This thread does not even have to exists because from the start of my adoption with bitcoin I have not seen anytime that bitcoin has died, where in fact I was so amazed and until now that the price is really good and improving.
9520  Economy / Trading Discussion / Re: How do I grow my btc? on: September 19, 2016, 08:22:02 AM
We could read a lot of trading methods here. But is that all? Are there no more choices to increase it? I read some good proposal regarding investing in gambling websites. I am still trying to figure out some testimonies in it if they are real or just made up. Of course safety is the first thing in my mind that is why I take my time into knowing if they are for real.
They will not invest in gambling sites because profit is not that fast, when you have a limited amount of money you want to grow it fast and trading is one of the legitimate method where we have a big chance to grow our money, investing in gambling sites are only good if you have a good capital.
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