I'm pretty sure that most gamblers does not enjoy when they lose but only few are getting addicted with gambling, that's why sometimes they are looking for ways to beat gambling and even think of things like gambling with no lose, sounds weird, isn't it?
You said only few are getting addicted? Huh? You are very wrong with that. Most of the player who have tried gambling is getting addicted. Of course all gamblers are finding ways to beat gambling even if its impossible. Thats the mentality of a gambler. Its not that everyone is addicted. There are people who never gambled before and some who are "deaddicted" - mentality of a smart gambler. Gambling with no lose is impossible - if this idea gets into your head, you will gradually feel repulsed to spend your hard-earned money into it. But even then some people never learn.  |
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In my country the popularity of bitcoin is very low and the people dont even get proper internet nowadays. People are below poverty line and are least bothered about some cyber currency. Hence the acceptance is low here in my city but some other cities have been using it recently. In any case bitcoin is growing and more people will gradually accept it alongside its transactions but it will take time.
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As i played tonight i just realize that yes this is really true when you are trying to keep playing while you earn much profit from gambling and trying to earn more in the end you will end it up loosing it everything soo the real issue is you need to withdraw your bitcoin while your lucky because once you lose it you gonna lose it again for ever.
The long run even though differs for various individuals but its still the same thing because for that my long run is after 6 games and I ended up winning 4 times then I didnt lose in the long run but the issue there is I will still come back and ended up losing. And for someone whose longrun is more longer will get to win and win but lose eventually... So the only way not to lose overall is to know the right time to stop... I think in the long run its more of losses than wins and the players end up losing more than what they win. In the long run most players in this way develop addiction and they cant get back from casinos end up losing everything. That is why it is suggested to withdraw whenever we get lucky and not to keep playing on and on, since in the long run the casino makes the real profit and not the players. |
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Faucets are never a good business to create unless you can control bots and scammers along with spammers and the huge volume of low quality traffic. Oh, did I forget rising bitcoin prices?
Creating and maintaining a faucet should be learnt from mexicantarget, the only proper faucet owner here whose sites are legit and paying since a year now and constantly growing. He is also working on his own faucet payment gateway called faucethub.io do check it out if you people want to.
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i also won on this faucet 2nd price ONCE - and i use it since 2 years  means its possible but rarely so just treat it as an little extra Well I have once got the first prize  It was a huge treat for me when I won the 200$ win on the site. Had been using it since 3 months and I was sure lucky to win the huge amount. I had posted here about my win as well. |
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We have seen the government of China and Russia attempting to declare bitcoin illegal and we know they did not get anywhere with it, instead bitcoin took center stage in both countries. It is now already to late for any government to want to ban bitcoin, because bitcoin has become mainstream and people are the wiser that change in the way we know and see money is inevitable.
Besides, at no time would all the government across the globe be able to reach an accord to ban bitcoin and one strong point, is that bitcoin is not tied to any one country or government. They are sure to come up with some funny laws to frustrate the freedom that bitcoin represents, but it is for us, the community to remind them that power actually belongs to the people.
One day crypto will take over the people. However it is tough for the older generation to accept its safety and that such thing really exists. Most of the bitcoin users are young-middle aged people. Less tech-savvy people have never even heard about it (there might be exceptions as well). Still its good to see that banning bitcoin is these countries did not have good effect. I am sure crypto will gradually emerge as the new mode of primary transaction in these countries. |
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Best way for a steady income is a proper job or a business. Trading and altcoin mining can be a good source as well if the local currency is exchangeable and the cost of the altcoin/bitcoin is higher. Otherwise just speculating on the market is not my thing. I prefer to work and earn my daily cash, trading and all can be a source of side-earning and not steady income.
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Well if you put all your money into trading and then think that rising bitcoin prices will help you get huge profits then you may consider the trade as a gamble - something very popular in the stock market.
In other words gamble is more risky and trading is about luck for sure but along with it comes analysis and proper understanding of the market, along with probability of the market to rise or crash based on the panicky-huge-volume traders who are easily influenced by the common FUD schemes that we see on the forums and social media.
Trading and gambling are different. Period
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It is totally your own choice if you want to believe in something or not. If you dont like bitcoin dont use it. I live in a country where <10% of the people ever heard of it and they think its a ponzi scheme and some sort of joke. I suggest you check the current market trends and if your local stores accept bitcoin or not, because then only you can transact with your coins. You can also buy some bitcoin , trade and get some profits and then reconvert it to fiat. Even then if you dont believe it is suitable for you then its down to your decision. |
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I think it is not good to invest in casino which is good only if ypu have more money to waste in playing casino that is why casino is only for people who have more money or rich people.
You did not understand the OP's post at all. 1.Gambling at casinos - complete loss 2.Investing in casino bankroll - profitable in the long run, passive earning What this thread is about is point number 2 and not point number 1 We all know that gambling at a casino is a sure loss if you keep gambling. Instead investing in the casino bankroll, you can get a share of the house edge every time someone wins or loses. It is a good source of passive income. |
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It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.
The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price. |
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In India, Fiat is getting much much more unpredictable compared to bitcoins. So, I think bitcoins would be a smart choice, but the problem is that none of the places here in India accept bitcoin, so I really have to go with Fiat. But, actually, to answer the question by OP, no, I dont trust fiat much anymore cause fiat is getting faked more and more faster. I think bitcoin is much more secure with all those protocols and 2FA.
The condition is very poor in India as far as bitcoin is concerned. We are living on fiat literally since ages. Maximum people here are below poverty line and not much of the entire cross-section of people do know about internet let alone bitcoin. I have heard some states accepting bitcoin along with some e-commerce sites and online stores. But does not help since we need to buy our daily necessities with bitcoin which is far from the reality. |
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If bitcoin is really banned then i am sure that people will start using other virtual currencies like ETH.
Maybe yes then the price of other currencies will increase in that particular country. Maybe they are marketing methods to cause an increase in that local market by the author of the other coin - example of sabotage. Otherwise banning the blockchain technology is technically not impossible - the only way to do that is to block internet access in that country. |
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I think in real life this is impossible since it is gambling. The word gambling stands for risky, dangerous, profitable but risky games. If you enter a casino with hopes of becoming a millionaire by rolling some dice well you are in a fool's paradise for sure.
A sure profit is never true for gambling. You can only reduce your losses but never stop your losses.
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i think bitcoin can't help poor country because in poor country. alot of them have a currency not easy to bitcoin help them
If there is an easy way of exchanging the local currency to bitcoin and vice versa then I think the picture might be different. However I believe that bitcoin can help the economy of a person and not the entire country. Changing the economy of a country is a very tough job and it requires huge input for some individual bitcoin group, and I doubt anyone would try to do that in real life. |
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Bitcoin value is continuous increasing that is why much better to collect more bitcoin as many as we can then save it as an investment and sell it in the right time and good value of bitcoin to make us rich.
Best thing is to buy some bitcoin and then start trading on it or hold them long enough and sell them. You can also try altcoin mining and altcoin trading. These are considered to be best types of investments these days. Once you get enough capital of bitcoin start to invest it in bitcoin casino bankrolls. |
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Bitcoin is not some kind of magic pill that can solve all the problems of the world but it can help individuals to protect their financial freedom.
When Satoshi Nakamoto created Bitcoin, the real intention was for Bitcoin to become this "magic pill". He hoped that Bitcoin will end the exploitation by the banking cartels. Still a long way to go, but if Bitcoin becomes popular, then it is going to be very bad for the banksters. It would only be bad for bankers if they do not have any investment in Bitcoin. I imagine some of the are hoarding bitcoins since it has been in headlines for many years. Bankers have enough fiat to get into as many speculative markets as they wish. This may be true for individual bankers but not on a broad spectrum. Many people I know are actually holding bitcoin as a passive income source and then sell it once a while when the prices skyrocket. In a way the are collecting bitcoin from many sources and then trading on it like this and they belong to poor countries like me. Though the income in not huge it is still better than nothing. Hence I believe that bitcoin can help poor people but not a poor country. |
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Doesnt matter if you agree. They are coming. It will be a process. No fractional reserves..
Alright, so I guess you are going to build the first (and last) ever bitcoin bank. Let us know of the procedures of transactions and what exactly are you trying to do with the bank? Will it spread awareness about bitcoin to the general public? Will it ease the process of exchanging fiat to bitcoin and vice versa? Just claiming that something is coming is not practical as long as you dont provide any concrete proof about the same. |
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Hey guys i want to know what is your aim while gambling do you take it as way to get fun and excitement? Or your aiming to get more money and have a living for this thing?
There is no chances in gambling it is a win lose thing. It is trying your luck so as much as possible I dont make it as a living for excitement only maybe when I think its a lucky day. Suggest that when you win already quit. Dont push for more it might lost faster without you noticing it. Do investing only than gambling. Gambling should only be done for fun and entertainment purpose and not for making a living. It is very tough to earn a stable income from gambling and is extremely risky. People get greedy and tend to bet more and more only to lose it all. You should cash out while still on winning streaks and not consider gambling as a method to earn money. |
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I recommend to try some legit exchange sites. First tips of bitcoin world: never take someone's words are trusty be sure to judge for the truth and research yourself that whether the site is legit or not. And be sure to check user reviews and other factors in 3rd party sites
Reviews are mostly paid testimonials and there is not concrete proof in the internet world that speaks the truth. Most of them are designed to spread FUD into people's minds in order to scam them later on. However you should be careful to assess the truthfulness of the articles here on the forum and the internet before making any investment in order to avoid getting scammed (though its impossible to not get scammed) |
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