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9741  Economy / Economics / Re: The future of the paper money on: February 01, 2017, 02:31:19 AM
There is no future for fiat money,paypal,skrill,perfectmoney,payza,payeer,payoneer and and other fiat money online wallet there are past.There is only future for cryptocurrencies which everybody almost likes Cheesy
I think in future paper money will still be the same because we are using bitcoin as a option we can not spend bitcoin directly to buying anything so new generation will still  prefer to use paper money as bitcoin can be complicated for them so they will use paper money as they are using..
for bitcoin myself I agree that it might just bitcoin will become an option for the fiat currency in the future, but I think that paper money may be lost or replaced by something sophisticated than fiat own future
That is easier said than done, by doing it, you will have to sacrifice the majority of users in this world. Paper money is the most convenient means to use for transaction and people has been using it for many years. Although we are moving slowly into a digital world but this people must be considered, thus, digital currency alongside with paper money will exist.
9742  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: February 01, 2017, 01:38:43 AM
You guys should at least read the entry post of OP. He asked why online gambling is illegal in the philippines, but live gambling not. Wink

i only can thinking to myself that if gambling is allow in real life then the kids will see their parent or other member of family playing gambling and this is not good if the kids seeing this because they can duplicate the bad behavior form adult people.

and maybe because of this, online gambling is allow in the philippines because when people wants to playing gambling, they should doing online in internet and visiting the gambling sites and then they can playing gambling without worried if their kids or other family will see them playing gambling.
Speaking of exposure into kids then live gambling would really be a problem but seeing on the possibilities they are still the same since kids nowadays do really know how to surf the web and as a parent even how you will avoid them on live gambling if they know about online gambling then it would be still useless because they are aware that gambling is possible online.

Actually thats the effect of having too much exposure in online games and internet. So there is also to have more attention on kids and guidance with their parents or teach them to get involved in other activities.
That's the thing that we should not allow to happen to our kids, they have to be more focus on a productive things and not this very risky game. Gambling is only for matured people who were able to raise an amount of money that they are willing to spend just to have fun in gambling.

Kids can have fun in online games but never let them be exposed in gambling.
9743  Economy / Gambling discussion / Re: 2016/17 NBA Season on: February 01, 2017, 01:27:57 AM
There are 2 great games tonight. I'll watch Oklahoma City - San Antonio game but Sacramento - Houston game will be also great. I wonder how Russell Westbrook - Kawhi Leonard companion goes, best offensive player vs. best defender in the league. San Antonio is still favorite but everything can happen when Beastbrook is on the field. Pau Gasol and Enes Kanter won't play tonight.
Sacramento kings will not gonna last in this game, there is a reason why the spread is -12. SAC are playing 4 games in 5 nights and I don't think they still have the power to win this game. This should be a through away game of the Sacramento Kings, I bet on the Houston Rockets, -12.5 just to have a better odds a bit and I am confident with my bet tonight. Win or lose, there is not regret on my side.
9744  Economy / Gambling discussion / Re: How do you know when to stop? on: January 31, 2017, 07:47:18 AM
As I see it the gambling is so addicting where sometimes I lose the feeling of  time. In this sense, apparently is difficult to know or to persuade myself that is time to stop. And as I read the OP is interested to learn if  I have a daily limit or something else meaning rather the case when I lose but I am pretty sure it is more difficult to stop when you win. If I lose may be I will stop when my payroll is finished but which is the most suitable option to stop when you win? This is my question. Until now I have not find a satisfying answer i.e, a rule to stop when I win.    
We have a different attitude in gambling, I can easily stop when I a winning but it is hard for me to stop when I am losing. I guess most of the gamblers have similar attitude like me. This might be our feeling because most of the time we loses and when we feel we are lucky, we want to quit early so we can also experience some winnings.
9745  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: January 31, 2017, 07:31:23 AM
Through gambling we can become rich but at the same time you need to consider the loss also, some time it will take long time and some times it will happen with in minutes. At the same time you need to have minimum luck to become rich.
So the conclusion is unlikely rich from gambling, believe me, if we are rich from gambling it is only for a moment, money from gambling winning like fire, heat, so that makes us want to throw it away. I suggest if you are indeed making the gambling for rich, then make it a target to be achieved, if it is fulfilled, do sought to continue gambling because we will lose again.
Even if you make a target, I doubt that you can be rich in gambling although you may gamble for a long time. Becasue of the house system, casino limite the amount of Bitcoin we could win and it is very hard to turn gambling into a profitable activity. Therefore, it is very hard to be rich in gambling.  I have only seen a few people rich in gambling since they use a lot of money to buy some special methods
The chances of making ourselves rich in gambling is very slim, yet, we still try to reach our dreams. I don't see any mistakes in hoping for that as we have our different ways of achieving wealth, but let us be realistic enough to ensure we are still in the fight and not just pushing forward even without a chance anymore.
9746  Economy / Gambling discussion / Re: What is GAMBLING? on: January 31, 2017, 06:43:26 AM
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS  
There are many people who gamble considering it as way to earn good amount of money daily/constantly which make them loss more and more. But i consider gambling just as a Game for fun and i think this feeling can atleast limit your losses.
It is game or fun for those people who are gamblers who only lay games in gambling sites and casino while for those people who want to start their own casino for them gambling is a type of investment and in return a business for them.
Gambling is a risky game to lose the money involved, between players or the house.
It's not fun anymore if you always lose in every bet you've made. It's investment if you join the casinos bankroll and get profit share.
Good business for the house obviously as they can make more money from gamblers that lost.
That main reason why they are so profitable is because we keep losing, they are operating a gambling site that is based on math to give them advantage. No matter what we do, we will still long in the long run, and for me, it is better to accept that reality than push ourselves to gamble more hoping we could turn things to our advantage.
9747  Economy / Gambling discussion / Re: Play with your profit or not? on: January 31, 2017, 06:37:16 AM
If you feel that you are gambler than you will play with your profit because many people will gamble with their investment, and as well as with profits for further returns. But it is always very risk to gamble with investment and with your profit.

It looks foolish to me to gamble my profit when I win. But it's true, that's one of the traits of a real gambler, they tend to gamble everything including the last cents that they have in their pocket and then restart again with their life by rebuilding and earning money and then later on they will just repeat it again. No changes, that's what you will see with a gambler, it is their usual routine.
You cannot consider that as profit when the game is not yet over and that's every gambler should understand. The fact that we will still gonna gamble, there is a chance that we can lose what we have won in the past, it is the reality and we should be knowing that all.

I have experience winning good amount with parlay previously but now, I lose my winnings and that feels like I am just wasting my time. But who am I to complain, I do this with my own will, so I need to accept this. I can only stop losing when I stop gambling.
That's right, don't count your winnings as profit when you are still in the table playing. Just want to quote this lyrics from the famous song of Kenny Rogers entitled The Gambler
" You never count your money When you're sittin' at the table There'll be time enough for countin' When the dealin's done "

That simply means, don't get too excited, you will be upset when you end up losing.


9748  Economy / Gambling discussion / Re: To Gamble or To Invest? on: January 31, 2017, 04:04:02 AM
This time I was more focused on gambling, I think as long as we are young and productive it would be better if the risk-taking that is choosing gambling. I want to get rich just time and by gambling it can be realized. for the investment it takes a very long time and I have not yet thought.

So basically you want to have big profits in a short period of time, without waiting, right? Well, you won't go far with that kind of approach. If you are young it doesn't mean you'll be lucky in gambling. I suggest you to reconsider your priorities.

Well, that is a bad idea "being young means that you are lucky in gambling", come on man, not everyone are having good luck to win a good gamble. I'm gambling for years now and i never even won something on that. But now it is just my hobby of getting my time spent. I am just using my free rolls or free bitcoin that I get, it can help you reduce losing your money.
The only difference you can make in gambling by winning is when you are good in prediction the outcome of the game, whatever game you are playing you need to strategies it as your luck will not be with you every time you gamble. I believe those who does not have a great amount of capital want to gamble to try their luck and hopefully can make fortune in gambling, but let's be oriented with the reality, only few can survive to win, most of us loses.
9749  Economy / Economics / Re: panic selling on: January 31, 2017, 03:30:50 AM
Here's one side that makes us interested in using bitcoin, sometimes there are people who very need money so they will sell anything including the moment of panic, I suggest to don't panic when buy and sell bitcoin, chill, and observe the movement of the price would be better.
The need will happen because you do not put what you can afford to lose, by investing with bitcoin, we have to make sure that we dedicated that amount for investment only. We should take care our expenses from other source of income, your investment has no definite time as we cannot predict how the market move, the value may drop or rise and it could happen more than a number of months we expected.
9750  Economy / Gambling discussion / Re: 2016/17 NBA Season on: January 30, 2017, 06:11:20 AM
The Pelicans let me down big time tonight as they were the only team that I missed in my 4 leg parlay bet. I had the Mavericks +13.5 Magic +9.5 Pelicans at the money line and GSW at the money line. The GSW game is not finished yet and they still might lose in a close game currently the score is GSW 106 to 102 with 30 seconds to go.

Damn, what a match, Kevin Durant is unstoppable! Too bad I bet my money on Blazers, lost!

Warriors - 113 vs Blazers - 111
Durant: 33 Pts. Durant: 6 Asts. Durant: 10 Rebs./McCollum: 28 Pts. Lillard: 8 Asts. Plumlee: 11 Rebs

Portland overcame a 21-point deficit to make the game interesting, but Evan Turner missed a corner three-pointer at the buzzer to ensure a Golden State win.  P.S. I also had my money on Portland, so lost also!!!
Portland is now 5-5 over their last 10 games, and 3 losses behind the Denver Nuggets for the last spot in the Western Conference playoff standing. I am really amazed how the Nuggets are able to become a playoff contender, with most of the credit going to their second-year big man, Nikola Jokic. That kid is going to places in the NBA. He can play like a guar with his passing ability and can even shoot from the outside. The Nuggets surely found a gem in him and could be the cornerstone that will bring Denver back into the playoffs after a while.
It's too early to tell if they can make it to the playoffs, the competition in the west is really close and that makes them a good to bet. They will fight every game just to be part of the top 8, the Blazers fought tonight but the Warriors without curry is still a strong team. Before when curry will not play, they are a different team but now with Durant, they are still very dangerous.
9751  Economy / Gambling discussion / Re: Gambling problem on: January 30, 2017, 05:45:29 AM
and finally we can take the profit too like the house. but there is minimal amount that we should deposit into the house so the profit will increase too from time to time.

There is always a kelly system for your investment so you could always choose whichever suits you. As for the minimum amount, the amount is actually quite low to invest in a site therefore you wont be breaking your bank just to be able to invest in those sites, some site even alow it as low as 100 satoshis investment
House not always get profit (but mostly yes), you could lose some of your investment too when that gambling site bankrupt because high roller or whale won a lot, especially if you set the kelly sytem too high. Neither Gamble nor invest always have the risk.
Which site allowed us to invest minimum 100 satoshis as investment? never know and heard about that.
That's too rare, meaning, the chances of losing your investment in a gambling sites is very slim. There's a reason why the saying goes "the house always wins", and that is because they have the advantage and they can win in the long run. Math will beat luck in the long run and that is for sure because gambling business now are very profitable.
9752  Economy / Economics / Re: Which one is good, trading or investing? on: January 30, 2017, 04:02:09 AM
It will be different for everyone, I prefer to invest than trading as I have no idea and not learn about it yet.
What kind of investment which will be matter to get profits instead of loss. Do not fall to some sites offering easy money and ended as scam. It's better to patient and invest in real life as you can see and responsible for every decision to get profits.
Investing with bitcoin is the most legitimate investment as of this moment, there is not need to seek for another kind. We just simply hold and bitcoin and then we are good to go, this is the easiest although the riskiest investment but we all know it can provide us with good future. Never underestimate the opportunity you can have here, always think that the future will bring more profit if we stays patient with our investment.

Honestly, I have been a victim of HYIP in the past but I move on, I realize I just need to simplify things and that is to invest with bitcoin only.
9753  Economy / Trading Discussion / Re: I have about 50$ where to invest ? on: January 30, 2017, 03:44:17 AM
I havnt visited this forum a long time now but ill give you some advice.

Those saying $50 is not enough are half right, I was lucky when that Max coin or what ever it was called made me 20x more from a $60-70 investment.

Take a week to learn the markets. Belive me, there was dozens of ways to make money from trading.

I give you one tip...

Learn when to sell and when to buy. you can make that $50 into $5000 if you invested earlier and then some millionaire pops by and buys sh*** loads, you sell after.

Just buy low, sell high (some times, this does not apply)

Learn the ways of the market.  Be one with it, Use the force...
Trading is a good choice to grow that small amount of money, and of course you can grow that to $5,000 but that needs an enormous effort and I believe it is never impossible to do that. Actually, it is only base on a certain trader on how to manage that amount, even in gambling, there are gamblers who can grow that amount a thousand times.
9754  Economy / Gambling discussion / Re: 2016/17 NBA Season on: January 30, 2017, 01:47:37 AM
What he hell is going on in Atlanta?
ATL is in double overtime with Carmelo hitting another game tieng shot with 2.6 seconds in the 1st OT.
Why did I bet on this game?
This is maddening with a parlay that I won with EPL game this morning.
Come on Hawks!
Put this away already! Angry

Double OT is like march madness. First Dwight Howard fouls out then Carmelo Anthony fouls out Shocked and the crowd goes ballastic!
It looks like a NCAA march madness game there and they are only up by 3 points.
So Knicks have a chance to put it into triple OT.

Atleast I got the over for home on points. Cheesy

Four overtimes in something I've never seen before, I guess both teams must be tired, if they will play some back to back, this probably will affect them

for gsw @ Portland, go for the over points, just look at their previous meetings and notice that GSW vs Clippers ended up with 242 points
Curry will not play tonight, I doubt if the over points will hit. I would be very careful with this bet, I like the GSW in the 1st half or I will take the Trailblazers full game moneyline. They are good at home and this game might go under without the contribution of curry. This game needs to be carefully analyze though.
9755  Economy / Economics / Re: Is USD being used for illegal activities? on: January 29, 2017, 02:23:37 AM
I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD.

Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison.

Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD.
 
Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering?
Of course yes! All of currency are use at illegal activities like gambling buying drugs etc. All currency's are guilty for that. That question have an obvious answer. All cyrrency are guilty for using it in illegal activities. Because if you will use illegal activities the money is involved, so that is automatic that all currency's are use in illegal activities.
The accurate definition is, it is not up to the currency but up to the one who uses the currency. All currencies are use for illegal activities and in fact, fiat are mostly use especially paper money because it has lesser trail compared to bitcoin where there is a public ledger that is very transparent.
9756  Economy / Gambling discussion / Re: Why is gambling so addicting? on: January 29, 2017, 02:14:11 AM
gambling is addicting because gambling is funniest way to play or make some money although its too risky and always near with the losses and the other things is we required to always win if we lose we should to recover it and sometimes we get greedy as human so although we always lose we never leave gambling
in fact gambling is the the funniest way of making money, there can only be fun if you are winning money, but if you will ask from those people who are losing money in gambling they will better explain the definition of gambling, but still they cannot stop gambling at all.

You should know one thing that most of the gamblers are losing money and you can't find any winning gamblers so easily in the longer run. It is not the funniest way of making money, but it is the funniest way of losing money in gambling. Whether your winning or losing but still gambling is just a game to give people excitements. So don't bet big amounts to earn fast money in gambling instead bet a small amount to enjoy these games.
We can't really help but bet bigger amount of money because the bigger you bet the bigger the excitement you will experienced. That's how gambling goes and sometimes we are too dumb to let our emotions control us in gambling. It's addicting, therefore we must have that control, even if we bet big amount, the important thing is, we much bet what we can afford to lose.
9757  Bitcoin / Bitcoin Discussion / Re: Difference between Bitcoin and real money? on: January 28, 2017, 12:19:59 PM
The main difference is that bitcoin is only 8 years old and for example the Dollar is 250 years old.

This mean when Bitcoin would older, than everyone would knew and also accept it.

In the reality Bitcoin and real money is nearly the same.
It is not measured based on the number of years in existence, it is measured more on how people adopt it. Bitcoin could exist for 1,000 years but it will not surpass the success of real money during it's existence of 250 years. Remember that real money is created by the government while bitcoin is not.
9758  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: January 28, 2017, 12:08:37 PM

There's no easiest way to make profit from gambling unless you are the casino's owner.

Even casino owners are having difficult time to make profit in the first place. Because they need to promote their site and they need to build their trust. But that is going to be worth it when everything was setup already. And yes they will be the ones who are going to have the easiest way of earning in gambling by simply monitoring and managing their site.
Correct, there is a lot of competition in the online gambling world now and its not easy to build trust to bring in new players.

And they need to do a lot of advertising, events and other giveaways to make their site known. The investment that they are allocating in able to get good future profit is really tough, we just can say that they are the ones who are easy to make profit from simply being the owner. But in reality, they went through different hardships.
Well, if you compare our hardships than the online gambling operators, for sure we have a lot of trials but until now we were not able to access the success that we are aiming. It is already known that gambling operators are more profitable than gambler, they have a good amount of capital, so they can take advantage to operate an online gambling sites that could give them consistent profit. We cannot do that, we just play here.
9759  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: January 28, 2017, 02:36:19 AM
when there is wager involved, we are changing on the way we are treating a thing. And since we are betting with bitcoin which is a real currency that is why we treat it carefully.
Honestly I am into gambling because gambling gives me the opportunity to get bitcoins. I tried many gambling but only with sports betting I am also able to earn some bitcoins. Only because of sports betting  I believe I started gambling in smart way.

If I am not getting paid in bitcoins, surely I would not have tried to gamble smartly.
Well, I think that this mode allows you to have a view of aspects of the game that allow you to have a better control of the situation, since a good analysis is done. Anyway, it's still gambling, this can be a good way to have fun, but to avoid a headache, do not invest more than you think you should.
It's pretty rare to see people who are very attached to gambling because it gives them money, maybe some can do it but most of us failed even if we are doing ti in a smart way. What smart for me is not just to win in gambling but also to be able to control ourselves in the situation where we are so unlucky that we have a very bad streak. Your ability to control will help you manage the risk of losing more, and that is a very smart move.
9760  Economy / Gambling discussion / Re: Anyone ever stop gambling? but then gamble again? on: January 28, 2017, 02:27:23 AM
I stop gambling when I lose a big amount, but sometimes i gamble again for fun and Hope that I Will Cover My Losses

And it is the most frequently experienced by gamblers who are addicted. I mean a lot of gambling addicts because of that. They lost in large numbers, and they gamble again just to cover their lost money. But the missing money was never returned, so they continue to gamble and ended up addicted.
That's already expected since there are some who even do gambling despite of the fact that they cannot afford to gamble, once you cannot afford to gamble that means you are not allowed to gamble. We should not force our wants here for our own good. It is good only if once they were addicted, they can easily recover to be back to their old self and correct their mistakes to enjoy gambling in the second time, but sad to say, only few people can do that.
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