Gambling is addicting because people don't know how to do it. That is literally the only reason. If people knew what gambling was, on a deeper level, they would never get addicted.
It's all mathematics. Seriously. When you bet, your expected return is always negative. Therefore even when you win, you still lose. Because literally every bet is a loss mathematically speaking.
Not all the time though because there are times that you get lucky and you will win big but that is rare especially when you are playing in the game based on pure luck. I would rather play for fun and entertainment than for profit. If you really want to make it as a profession and is aiming for profit, go to poker and sports betting - equip yourself with the right knowledge, skills, and attitude to win and potentially achieve your goal to profit. If you want profit this is true you can always play poker or sport betting. This is good way with bigger chances of success off course.You need some skill ok but you dont need that much when you are playing casino games, there you need to follow several thing more and every casino game have own set of rules. Most profitable gambling for me is play for fun several games in sport and wait for outcome, no always just few games on weekend. |
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Considering that many doing this investment in not just bitcoin but many other coins as well and try luck in some ICOs to, then simply said this is perfect way to invest money with good return if you have patience. Cuz when investing in this you will need to hold for some time to see how much this you get in that period.
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Paypal doesn't accept Bitcoin, unless that changed very recently. But the last thing that I've known about Paypal was that they specifically "banned" crypto payments over Paypal by denying any buyer or seller protection for crypto trades.
Paypal announce that they will accept it back in 2014 or 2015. Since then they didnt do anything about it, but as far as I know only Microsoft fully embraced it, they allow users to pay for product with bitcoin for both windows and Xbox. |
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Main thing is that this works together. You cannon have one without other. Now maybe the price is not like it was few weeks ago but this not represent something that is not worth holding and be patient. You need to have little self control cuz without it you will enter in panic sell and mostly lose good amount of everything that you possess.
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Anyone who thinks that not just bitcoin but any other crypto is potential for income then they will invest more and more. Many see some of them as retirement and more like something like 5-10 years saving with some good interest. Bitcoin is probably the best think that has happen to us in last 20 years, and like that it will become more and more accepted with every year, so will it be his price to. Bottom line is that this represent perfect way to invest your money.
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Probably it would be near the world wide adoption maybe. I mean for me this would be great to see bitcoin accepted world wide but still think this is more fiction then reality.
Many thing are needed cuz crypto and fiat work together and both ways so they can be one without other.
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Because they believe that the value of the coin will increase after a long time. They rely on the news as well as the potential that it can bring in the future. Besides they believe it is safe and they do not need to do anything that can still make money
Long term its true but in short term investment only possible way is maybe ICO investment and that is also little risky cuz most are scams but highly profitable if right choice is made. Bitcoin is something else good or bad news dont make such a big fuzz in price now, they create fluctuation but this is all settled now. |
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Some guru's think the price will go up. See the following: https://www.cnbc.com/2018/01/18/fundstrats-tom-lee-is-even-more-bullish-after-crash.htmlThe first major Wall Street strategist to cover bitcoin predicts the digital currency will more than double in 2018 to $25,000 in the wake of its crash this year that saw it lose 50 percent of its value from a December record.
Fundstrat's Tom Lee is out with his latest report on bitcoin, which moves up a $25,000 price target by four years, from 2022 to the end of this year. Lee's model for valuing bitcoin now predicts it will reach $125,000 by 2022.
"We expect bitcoin's major low to be $9,000, and we would be aggressive buyers around that level," Lee said in a Thursday report. "We view this $9,000 as the biggest buying opportunity in 2018." The quick correction was expected and what can we expect after that? That fundstrat surely know what logic lies behind this incident. And betting $25,000 is a safe bet unlike others that are telling it $40,000 - $100,000 at the end of this year. Giving an idea that on 2022 it's going to be a 6 digit value for bitcoin well that's fascinating as many analysts and experts are telling that on 2020+ bitcoin will show some good moves. For my taste this is to optimistic prediction, maybe we need to lover this a little. However everyone have right to predict price for upcoming period and hopefully this or some other prediction here might be the right ones. Still for bitcoin price to increase by 25k per year is little to big for me maybe 5k instead of this might be reasonable but again we saw that last year price went almost 20k in price over the year so technically anything is possible. |
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Main reason is not see in panic if you do you will made terrible mistake. We see that bitcoin price is going up and down on daily bases and this represent perfect for someone to do panic sell and made mistake. If you have patience you wont sell in this situations and you will hold this is just correction and some bad news that hit the market like China and South Korea banning bitcoin nothing else. Everything will come to normal just give some time.
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No , I don't think so , maybe if Bitcoin stop going down and will beggin rice up , then maybe it's gonna reach $40k . But let's not predict something like this , first, let's think at a lower price , like $30k , at the end of this year could reach 30k USD , but its not sure . It's possible for Bitcoin to not grow up again to such a big value , but we don't know that for sure . But also Bitcoin can reach more then 40k USD , and again we don't know that for sure .
So basically 'who knows' - of course there's uncertainty but let's give an opinion of our own. I feel like bitcoin will pass $40k. It was close to $20k coming in to the new year and so would be little more than a 100% increase, given the year bitcoin had last year I don't think such growth is likely to occur again but I think 100-300% growth is perfectly feasible. Nothing is certain not even bitcoin price. We can speculate price but we never know what will be in next day week or month. This is market and anything can happen in market from crash to rise. Bitcoin had last year marked as golden one. Maybe this will be stability for bitcoin price maybe not, but this price seem little optimistic. |
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Hi there,
first off - @admin, Iīm not sure if this is the right forum category, so please shift if unadequate!
I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, itīs due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
From my point of view, companies with sizes like the above mentioned (refering to cash flows and generated income) are normally risk averse and therefore it seems counter intuitive to me to accept BTC as a payment method due to its heavy volatility.
Moreover, not knowing how regulation might influence the outcome for BTC is another argument for not accepting it?!
This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But thatīs not plausible for me!
Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?
Can someone please help me out, itīs really grinding my gears Huh Huh
Thanks a lot Smiley
Since bitcoin is safer than the other a lot of corporation wants bitcoin to be part of them . And other than that bitcoin is now popular and most of the people invest to it.Other reason of some corporation its transaction is safer and easy to access. Not just that most corporations use bitcoin to send large amount of money due to low fee its not the same if they transfer cash in same amount fee is bigger. Maybe they use bitcoin in this purpose it logical for them. Also they might investing in bitcoin or mine them cuz many companies have there own mining farms for this purpose. |
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Actually, both is good when you purchase things but a pkus to bitcoin is that it offers security. Security in a sense that you don't have to bring money with you in which your money is protected incase you get robbed. Another is the convenience, when you are in another country, you don't need to go to a money changer and have your money changed to that countries currency; this works though if the country you are in accelts bitcoin as payment. Another plus for bitcoin is that it is not only used in purchasing stuffs but it can also serve as an investment.
I think you should know the basic functions of both. Bitcoin and Cash have their own uniqueness and advantages. You can not select Bitcoin over Cash, and vice versa. You can not ignore Bitcoin and prefer Cash. Both of us need and are very important for our lives. If I think, people choose Bitcoin for various reasons. For example, like investing, we all know that Bitcoin prices are always on the rise, so people want to save Bitcoin to sell it when the price goes up. People also like to do transactions using cryptocurrency because in the world of cryptocurrency, there is no limit whatsoever for us to do transactions. However, there is a disadvantage that the price of cryptocurrency is always up and down. That is way, Cash is needed. In big time this is correct, and on top of that what you do with bitcoin convert in into cash. Many see like you mentioned bitcoin as investment or for some like retirement fund. Both are needed to coexist and work together, one cannot work without other, we buy bitcoin with cash and we sell bitcoin for cash. IN the end we need both. |
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Sweet, just bought some more, remember guys it's the sale now!  I hope that you made the right decision. Hopefully once the China/South Korea issue settles, the price will climb once again, and most probably will breach the $25,000 per coin mark. Remember that the $10K per coin barrier was breached during the recovery after the China exchange ban. But the loss of China/South Korea is going to persist for some time. Yea you are probably right after this is settled then we could see some price change to up again. This is something that was expected and this is good time to buy little more. With this "low" price at the moment and hopefully we could see again reaching and breaking 20k after this all is sort out with China and South Korea. |
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We will probably see that bitcoin will eventually change everything in economy like we know it is.
Only for this to be happening think it will take more then just saying it. For now banks dont like bitcoin and technology behind it but maybe in some time 10 ears maybe they will realize mistakes and try to accept it and use that technology.
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Its never to late. But now may i recommend that instead bitcoin we all focus maybe on ethereum cuz seem like to me that he is having same path like bitcoin last year.
Im not saying that this is something that all need to do just suggestion on what we could consider on.
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I agree that bitcoin on any other crypto mostly ETH reduces unemployment. Many freelancers or any other skilled workers (programmers or designers) or some other find there way in crypto in various tasks or part time jobs. So this could revolutionize payment for freelancers in future and could be replacing every day payment in next 20 years maybe.
In short bitcoin will be future for everything if not that blockchain will be.
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I think blockchain would be the right word because everything will be based on blockchain and not bitcoin. Bitcoin is just the face to make it recognizable to the masses.
Correct this is in one small word revolution. We see this and many companies see it to, only ones that dont want to see or they dont understand are banks. Simply said they cannot control it that why they dont like it. But blockchain technology will be future in every aspect of this word and eventually even banks will have to acknowledge it in the end. |
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Very long period to predict something for bitcoin. In other words anything can happen in 20 years especially for bitcoin and on this its would be very unfair to predict his price in that time. 20 years is long period for anything even major price change to happen for bitcoin but one will be certain price should be in 6 digits cuz for me this seem quite good and no to optimistic.
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I always look at BTC as a WINE that brews over the years. As it gets older, it also tastes better...
$32k by 2020 hahahaha
It seems like you loved wines. Anyway, you have a point. Bitcoin's value increases every year, maybe its price will reach at least $30,000 before the year end. Although I'm not sure about if it will reaches into that price, but I'm hoping that it will happen. What I'm sure is that it's never too late to buy bitcoin. You can buy bitcoin whenever you want. And it's now the right time to buy bitcoin because of it's low price. True it is that its better when is older and get more value. This will be the case and with bitcoin and with many other coins that will follow bitcoin. Many price prediction have seen here but dont want to speculate now. Think that we are in good position at the moment for buy cuz we could have some major jumps in price in next period. This year just started we are long way from this year end and anything can happen. |
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In 2017 we've seen if in know 2017 is the year for bitcoin, maybe in 2018 it will be the year for Etherium or other altcoins, and bitcoin will fall, we can see for day alone bitcoin prices start to fall and Etherium has started to rise, may be said in 2018 will be the year 2018.
First of all if bitcoin falls everything else will fall. So this is not gonna happen. Probably this year will be more for ethereum users cuz we havent seen anything yet from ETH. Maybe best part will be that all coins will go up this year and that we will see massive adoption and maybe we will see that amazon will finally be willing to accept purchases in bitcoin or some other coin. |
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