3. Never gamble with money that isn't yours, this includes taking out loans for the purpose of gambling because this always ends in you losing all the sourced funds and will result in putting yourself in bad books with friends and family.
Agree with the list here but I believe there's a lot more of "habits" or actions that needs to be avoided when gambling. But just want to add here, since you already stated it, that although it's your money, think first if it's okay to gamble 'that' money. Yes you own it but for me, you still have to think about your priorities. If you need that money for an important purposes, then don't use it for gambling. Only gamble your EXTRA money. If you have more than enough of what you need, then go. But think first about your priorities and less priorities.
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You wouldn't know if it's fair or not if you haven't tried playing it yet. I think it's better to consult to other players on what's a good crypto betting site. You can always ask here in bitcointalk. Since there's a lot of people who play here, there's a lot of experiences they have encountered.
Just do prior research about the site before trying. Look at the reviews and what other says about the site.
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But mining gold is not as easy as bitcoin. Mining gold needs man power and also equipments. And you cannot just mine gold if you feel like to. There's a lot of process needed to be done in order to mine gold. You have to go through the government sectors. The damage that mining gold can cause in the environment, is much heavier than bitcoin. You say, it cost 'less', but there are a lot of factors need to be consider also not just the cost.
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And then here comes New Zealand. Starting September 1, companies in the country are allowed to pay their employees in Bitcoin or other cryptocurrencies. There are corresponding tax laws on this as well. But here's the condition which I find amazing and encouraging. These cryptocurrencies should be a currency, meaning, that they function as such. It should be, for all its intents and purposes, a money. This is a huge step in mainstreaming the use of Bitcoin and other cryptos in the country.
It's a great progress for New Zealand. But I'm curious if a company would require every of its employee to have crypto or it's a choice for the employees. 'cause I bet, only few would choose crypto (since lot of people still doesn't know crypto). But regardless of that, if it would gave a positive outcome to them, I hope more company and even the government would do the same.
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You can have both. It's a good thing to invest in bitcoin since the possibility of price increase. Especially in this modern era where technology is a already a part of human life. But having a gold is also good. It's limited and from nature. As the time goes by, gold are becoming more limited, and I think its value will also increase by that time.
But personally, I would prefer bitcoin
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When winning, I think everyone's experiencing that 'more greed' on themselves. Like we want to win more. Since it's fun. The feeling of winning is fun that's why we always wanted to win and that's when the greed comes. We don't get satisfied with 1 win and want to win even more, not thinking what if we lose.
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Maybe gambling is a big part for their living but for my personal opinion, I don't suggest to fully rely on gambling since it's a risk. Gambling is only good for entertainment and fun but not to take it too serious 'cause it could really put you in a bad situation.
Gambling for living is like putting your life in risk.
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The idea of composing a song about bitcoin is nice. It's a good way of promotion but the fact that you still have to unlock it before we can listen to it, is not a good move. Some people won't bother to download it especially when they haven't listened to it yet.
They should've made it available to the public or uploaded it in YouTube.
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It's hard to predict and even believe in prediction about the price of bitcoin especially when the prediction is for a long term. Even though he's an expert, it's still hard to believe 'cause we all know how volatile bitcoin is. Even with basis, it's still a prediction. I don't believe but I am hoping for a positive outcome in bitcoin regarding its price.
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I think it's because when you showed the public of how much bitcoin you have, people can really get tempted to do bad things. Knowing you have a lot of bitcoin with you. There are things that should just be kept in private, to avoid this kind of happenings.
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It's a bit contradicting for the government to buy bitcoin since government would probably promote their currency than bitcoin. Since there's no solid proof, what other says are just merely speculations. But there's also a possibility that a government official would be into bitcoin but as an individual, and not for the benefits of the government.
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It's not really a strong point when they give electricity consumption on bitcoin as an argument. Here in modern days, everyone uses technology and electricity. It becomes a 'need' to people. And there are a lot more factors that consumes bigger electricity than bitcoin. I think every innovation to make people's life easier, has a negative impact on the environment. It harms the environment.
Everywhere you go, most of the things you do, has to do with consuming electricity. Even though you don't use bitcoin nor mine bitcoin, you still consume a lot of electricity. So to those people who use it as an argument, don't act as if you don't waste electricity.
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If you randomly asked a grocery store owner/worker to accept bitcoin, not everyone knows it and how bitcoin works. So if you just randomly said it to someone, they would just probably ignore it. Unless if most customers would tell them or request that. Since the demand is high. Still need to promote bitcoin to a lot of people, for them to consider it. (unless the owner knows bitcoin)
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First thing is that, they can't just print money every time they feel like printing it. They have to keep the balance and they won't print too much money because the money will loses its value. And the government are the one who prints money, and some governments are not into bitcoin and crypto, so why would they print too much money just to buy bitcoin?
WTF, the government does NOT print the money. The Federal Reserve is no more Federal than Federal Express. It's a privately owned bank and what makes you think these criminals have to keep a balance? The Federal Reserve has NEVER been audited! FED regulates tge printing of money to promote noninflationary growth. There's this principle in economics that says they can't print too much money. It happened before un Germany when they print too much money, it just causes inflation. Once they print more money, it will be part of the circulation.
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My advice for you would be that you take your time to study that crypto space and analyze every opportunity and it's associated risk before you venture into anyone.
You're definitely right, because having some knowledge can help us make some right decisions and it can help us to survive in this market. Risking is always be a part of everything since you can't just get some benefits without risking something that's why we need to analyze everything because we don't want to miss any opportunity. Investing and trading can help you earn some money but gambling? well it can but of course it is high risk meaning there is a possibility that you'll lose it all. It actually depends on the person, if that person has great strategies and techniques. It is difficult to make some decisions and searching for some information can help you determine which one you will choose.
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6 - jake zyrus
Unfortunately, 6 was already taken by cumakoff. There's no more slot left for today's raffle. Better be early tomorrow. Okay Sir and I'll be more early tomorrow Congrats to the winner
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