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.

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.


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.

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.

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.

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.

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.

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.

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.

Easy for the people who live in countries where easy conversion is possible. Not in my case where bitcoin is not much popular let alone people use it much.

Sustainable source of income? What type of income is bitcoin? As an investment or a source of salary?


Agreed and that is why bitcoin is used by many and is accepted by many. Transaction speeds I wont complain much but still credit card payments and physical cash money is much more faster.

Playing small bet is nothing smart. Thinking that you will not lose big is acceptable but in the same time you will also never win anything much decent in size.


Sure thing but even then the number of losses they incur is in total bigger than the number of wins. Not considering a winning jackpot you will just be collecting dust amounts if you lay in this manner.

The best thing to do is to cash out early and chase losses.

Martingale is probably the worst strategy - and to be honest its not even a strategy at all. It just based on some assumptions which in reality does not hold true. So in other words you are bound to end up with zero balance since the ideal situation does not exist.

In general if you keep playing on and on, hoping to recover all losses and get a green on the balance, better to stop gambling since that will never happen. Chasing losses only leads to more losses and hence it is fatal.

Many people do believe in the potential of bitcoin to rise in price after fall in price. They have that courage to buy when prices drop a lot because the believe that prices are bound to rise in future.

Hence the fact that traders have been trading on bitcoin and using the market price fluctuations to get profits and in turn buy more bitcoin sell it, use the profit to buy more. In turn they get savings based on the differences in price and the rebuying price.

In future we all believe bitcoin prices will skyrocket and thus traders keep trading bitcoin and this fuels the economy.

Signature campaigns are good only if you are truly posting not intended to spam the forum but for spreading your knowledge and helping out other members of the forum.

Most senior people in this forum nowadays complain of excessive spam due to newbies who start shitposting without basic knowledge.

Otherwise these campaigns are good as a side-earning and not a source of primary earning (not in my case of course). Moreover people need to convert bitcoin or sell it in order to get local currency if bitcoin is not accepted there.

Savings is savings. It is not meant to earn any money through interest. The mere amount of money generated by interest is nothing better than dust and hence savings are meant to be saved - that is for use in an emergency or in setting up of a new business or new idea.

Investing in the legitimate ways and then earning from that is the way. But that does not mean that we should not save anything. Our endevour may end up with zero profit or even worse with losses. We will need to work a situation out of the mess and that is where our savings come to help us.

I agree with you point. If we are willing to get into a new business in future then we must start saving money for that. In the meantime we can grow our skills, develop the required things and plan the future business. Then we can spend the money we have been saving for the new business.

The new endevour will be the new investment. So in this manner our saving help us get into a new investment. That is how the two complement each other and hence both are necessary in their own respective domain and cannot surpass each other.

Trading is the best way I earn bitcoins. Bitcoin vs fiat and altcoin trading are the ways to go for. Its always advised to trade cautiously and never invest more than what we can afford to lose.

Gambling is not my thing. I am actually against the idea of gambling my money. Since I never found gambling worthy of spending my time on I never even suggest gambling to other people. Most of the sites I have seen are simply places to burn your money. But that hurts since I come from a poor family and wish to earn money and use it wisely and never waste it.

I have had this similar experience myself and ended up making myself a laughing stock among my friends. They think that its a hoax and that bitcoin is made to steal people money when they buy bitcoins. They think its related to hackers and other creepy people who are trying to hack into their bank accounts.

Gaining trust in people is a very tough job. For them bitcoin will remain a scam type of money.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.

Every trader has that day when their currency dips and they buy a huge volume of it. Then when prices rise they sell it and the profit is gained.

Currently bitcoin rising prices made it a target for traders since the fluctuating price is profitable and many people have joined the trading league of bitcoin. Altcoin trading and altcoin mining is also profitable.

People believing in bitcoin is a bit skeptical since they mostly trade on it rather than use it as currency - specially where I live since almost none of the merchants here accept bitcoin.