Btw has anyone ever won that 200 $ prize? I have not seen anyone reporting that they have won this, but it is not to say that it is not happening. It is every users choice to share their win with other people. I know Wetsuit implemented something to encourage people to report their wins, to get rid of all these negative posters that is coming to these threads, saying that it is a scam. Man you guys need to read the thread posts before you ask for legitimate stuff. But then again I never blame you people since the forum is full of trash posts and these threads get bumped everyday with worthless shit from addicted gamblers and then shout scam scam. But then since you guys summoned me, I have to report and so here again I state that on October 16, 2016 I rolled 10000 and won 200$ on the faucet. I was the one and only (till date known in this forum) user who had won 200$. I had made a thread in the "Gambling Discussions" section about it. Even posted the payment proof next day. But I highly doubt that people will actually read this post and next week another member of this forum is going to ask this same question.
|
|
|
It is interested to see that the site is still running and this is one of the first faucet site i started using just to learn about bitcoin and its transaction and good to see people winning big amount of money as i thought nobody could win high values in that site. What ever it is it was your lucky day. Didn't both of you read my post on here before? I've posted many times if there was a guy who won $200 (Rolled 10000) on freebitco.in Not your fault mate - thing is this forum is so full of shitposters and newbies shouting scam at everything and lifeless people spreading FUD throughout the place that the actual genuine evidences get lost like a coin in an ocean. I had posted about my 200$ win on the site in the threads. Then I made my own thread in the "Gambling Discussions" section about my win on October 16, 2016. Next day I even posted the payment proofs that payment was done and the money was obtained in my wallet. Fact is people dont read or dont understand before posting. They are more interested in their own stuff and being selfish and least bothered about what other people have to say.
|
|
|
We have many examples of people who bought bitcoin when it has price like 2$ and they are millionares now, but bitcoin costed like that more than 5 years ago.
Not exactly correct since the people who did buy at less than 10$ per bitcoin did sell all their coins when prices touched around 100-200$. Then they bought again and again sold them at rise of 100-200 units. This cycle is continuing even today. No one has that much patience that they held their coins for 7 years. So I think for the perspective about bitcoin we have to base exactly on this time, five years. I already began to put on side some percent of my monthly bitcoins for the future.
This is a correct idea. The idea that many people are following. Many of us are putting small amount of savings into bitcoin assets every month. That way our total stock of bitcoin increases and we can sell them when we want to make profits.
|
|
|
I get bitcoins everywhere I can. From faucets, games and rounds, services, signature campaign etc. I cannot buy bitcoin directly because it cost so much even during the time when I started doing this. The bitcoins I earn I try to grow thru buy and selling bitcoin and trading margins.
Price of bitcoin is very high at a moment and not all can afford to buy at current price but the best thing is that we have an opportunity to earn them in multiple ways so you should choose the way that best fits you and start earning them as its always good to have some amount of bitcoin in your wallet. Price is high and hence buying bitcoin at this price is not recommended as far as trading is concerned. You may not be able to recover the money back later on. Trying to collect bitcoin in other methods is advisable by me. Try the signature campaigns, mining (if that profitable) and altcoin trading. The new altcoins are worth trading if you can enter into the market in a proper time and can make good predictions at proper times.
|
|
|
If you cannot beat the house then maybe you invest there and play at the same time. This way it will be all for fun because you have both sides. Kingdice for example is accepting investments for the house.
Investing the money in the casino bankroll is a good investment - meant for long term profit. But this thread is about people trying to make short term profits from gambling and ending up losing everything. If you take both sides then I agree it will be fun to observe the outcomes - but even there is no profit since the house keeps a percentage while the rest is obtained as investment profit. So actually you will be losing more than you win as profit from the game and investment taken together.
|
|
|
Trading is for me the best source of incoming bitcoins, as there is plenty of markets, and you can always, if you lose, get back to positive levels again. If you are skilled then you win all the time.
Best method is to get bitcoin payment job. But for that you need education and skills which most of these forum members seem to lack which is why they make this thread hoping someone would tell them their secret of earning - there is no secret to earning loads of money - its just hard work which pays off nicely in the end. Buy bitcoin and hold them to sell them when profit rises is for trading. Its good for the ones who have skills in trading.
|
|
|
For the moment I am doing trading and cloud mining. When I find a new cloud mining then I immediately investing and referring to following through referrals. I helped a lot when I was getting referrer invest so I get profit.
Thats does sound like a referral run ponzi schemes - one of the biggest scams newbies run into end up losing a lot of money along with their referrals. Most of theses cloud mining sites are simply ponzi schemes and are there to steal your money. Newbies often run into them tempted by the sight of huge earnings in small time and deposit shitloads of bitcoin into them. Along them comes their family and friends as "referrals". In a short period of time during which they are not allowed to withdraw, the site suddenly disappears and all the money is lost.
|
|
|
i agree partially with this thread, not everyone lose with gambling, gambling rely on pure luck, some people are very luck and despite their huge amount of bets they still come up victorious and take to home a very nice profit, but i understand that for every 1 that is so lucky there are millions that are not
The topic is correct for the games where luck is the only determining factor - that is the casino games. They depend on your luck and if you are unlucky (like me) you will end up with a zero balance very soon. The sports betting and poker are a bit different since there your knowledge and skills come into play. Though its possible to lose there as well, but at least your luck is not the only factor there. Again I have seen many games to be fixed and people end up losing their bets there. So in all - your luck still can kill you there.
|
|
|
I am earning bitcoin from some steps i.e. trading, cloud mining, investing ICO and gambling. of all things, trading is the best thing because about 5 btc I use for trading on 2 bitcoin trading sites. ICO new coin is good but we must selective before invest.
Trading would be the best method among them. Cloud mining sites are mostly scam those who promise high returns in low time or maybe they are legit but they fail to pay you the promised amount due to increased difficulty. Gambling is not my thing since my unlucky nature and my upbringing makes me hate gambling. In our religion it is considered as a sin - but even more I am not a rich person with loads of cash to burn so I stay away from gambling. ICO investments may be good but we must be careful of scam coins -though its impossible to declare which one will turn scam.
|
|
|
Something worth considering in holding Bitcoin for a long time is that this technology is still maturing and a whole lots of things might be thrown over board before getting there, so the safer side is to not start seeing it as buy and forget, till whenever scheme. Profits are also possible along the way and over time, those add up, except necessary skills and money management is lacking.
I agree with you point - it is still considered that bitcoin is in a beta stage even today after several years and should be handled with caution. But then many people have accepted it and its prices are rising. This shows that people are willing to invest in it and the miners are thus dumping more and more according to the demands. Again traders are the ones who are making the economy worth investing in.
|
|
|
-snip- I think yes it is as long you hold your money you can make more, You have to look at the price when will it go down and when will it goes up . Maybe i should say its depended on your luck.
I think both daily trading and long term holding are important since they have different effects. However if you are busy with work and studies it may not be possible to keep an eye on market all day and trade daily. So for them they should focus on their day jobs and do long term trading. But then again, seeing the huge rise of bitcoin price in the last decade, I think if anyone had been holding bitcoin for this long they made a huge profit, but I doubt anyone had the patience to hold this long since 2009.
|
|
|
Most of my earnings are coming from trading. I get a little from the signature campaign, but you can't get much that way. Even trading requiresa lot of patients and it is best to start with a larger amount to trade with which is difficult to do.
i think for beginners or newbie signature compaign is best.... but if you have such experienced to do trading than you should that to increase your bitcoin ..... Quite the opposite - newbies and juniors should learn about bitcoin and how this forum works. How to help people in the forum and not fill it up with spam so the useful threads get lost in the midst of the shitposting. This forum is already in a state of plague due to the huge amount of signature spammers and we dont want more of it. For newbies its better to buy some bitcoin and start trading on it. Gradually after they learn more about it - they will be able to pose their opinions and can make reasonable quality posts and join a signature campaign.
|
|
|
If someone loss than he will try to put more and play again to recover what he have lost before and doing so he will actually loss all he have. That is called chasing losses. It is a common mistake and normal human nature to extract revenge which is this case is about winning back the lost money. Many people dont realise that it is actually a trap and the more you play the more you lose. Eventually leading to a zero balance. House edge also take big part in loss while playing for long time, all casino have set their own house edge to make sure casino will be in profit at long term.
The house edge is there to make the casino makers the real profitmakers. While people do know that, they still are willing the play - the reason is simple its greed which fuels these people and makes them suffer in the long run.
|
|
|
I would like to vote for trading as trading is the best way from which you can earn using your experience and skill.
Yes trading is a good method to earn and its very easy to start as well. You can always buy some bitcoin and start to trade on bitcoin vs fiat. Keep and eye on the market and then buy at low prices and sell at high prices. All you need is to keep an eye on the market. Altcoin trading and altcoin mining are good as well. Specially for the early traders who buy at very low prices and then dump them at high prices. Mining is good for those who have low cost electricity.
|
|
|
Most people tend to emphasise trading rather than other options, I guess this tells us what is the best option. As for me I have no clue, so I would stick to the majority decision.
It totally depends on your own choice and your own free time how you wish to earn bitcoin. If you have a lot of free time to waste - you can try the worthless faucets. If you like to help out this community you can try signature campaigns. If you have analyzed the market well and have the skills you can try trading. Otherwise you can simply buy bitcoin using fiat currency. Last but not the least avoid HYIP/MLM since they are mostly scam ones.
|
|
|
Evidence shows it is possible, it is not easy, that is why not everyone can do it but there are a significant amount of people figuring out when the odds in an event are not right and getting nice profits with their methods.
What kind of evidence are you talking about? there is no way that you can beat the house edge in the long run no matter how you try unless you are lucky with some jackpots or whatever it is but it is not possible in just normal gameplay. If there are people that win, Im sure that they didnt win in the long run No one can beat the house edge no matter what. I would like to verify the evidence this person is talking about since its mathematically impossible to beat a house edge in casino games which are based on outcome. If you keep playing them thinking your luck to be on your side and/or you won something big, get ready to get wiped off all your balances because of the house edge.
|
|
|
During the still lucrative, of course the bitcoin still worth and believed. but I'm sure, this will not take place continuously in a long period of time, and the least I like is the price of the bitcoin often make surprised. the week can go up and down up to 25%.
I agree the price is the lucrative factor and that is why people believe in bitcoin and wish to trade in it. This week we saw some good dip and then rise in price as well. People have been selling and buying so much these days. This shows that people do believe in bitcoin and are willing to invest money in trading in bitcoin. All the more for the economy as well. More users means even more increase in prices and more profits for the traders.
|
|
|
I'm earning fiat irl then converting to BTC
That is a good thing. But dont convert it all at once to bitcoin - you always needs some fiat currency for backup and liquid cash for daily use. Once you have bought bitcoin you can easily sell it when prices rise and bank the profit. Basics of trading on bitcoin vs fiat. Then if you want to trade again set a target buying price and buy when it is reached and then sell at prices higher than that. The prices of bitcoin are always rising so the early you get into trading the better.
|
|
|
Not easy, when we're emotions then everything will be hard to be controlled, I never experienced it seihngga makes about 3 btc lost in just over 5 hours. self control is very important so that we will not lose.
It is one of the most important things while gambling. If we dont have any self-control we should not gamble in the first place. I have seen many people win big then gamble it like anything without any control ending up losing all. End of the day that addiction is what the owners want because in casino games you are bound to lose if you keep on playing. So in reality the owners want you to keep playing so you lose all that won and deposit again.
|
|
|
Previously I had collected bitcoin from faucets and Ptc sites. But I gradually understood they are not worth of time and simply waste of time. I even tried mining but electricity is not cheap from where I live neither did I have a powerful rig to run.
Currently I do trading of bitcoin. Bitcoin vs fiat and Bitcoin vs Altcoin and a signature campaign. My main source of income is my job and I am happy with it. I like to work hard using my skills to earn and not hope that luck will earn it for me - that s why I hate gambling.
|
|
|
|