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121  Economy / Gambling discussion / Re: The gambler who manages to beat the casino through cheating on: January 29, 2021, 04:27:16 PM
They've able to find the tweak and enjoy the benefits before they've been caught by the casino owners. It's cheating as most of them played illegally or use something that not allowed from the house.

Cheating is cheating, regardless of its form and reason for doing it. I am not saying that it is right to do it for the first time, but they could at least regret it and refrain from doing it again, and maybe that could make it less of crime. But, as you have said that when cheaters went greedy enough to do it over and over again, that is on another level of cheating and crime indeed.
Yeah, I agree with you, no matter what is the reason and your purpose of doing it, once you bypass the platform, it's forbidden and against the TOS. So we should refrain from using cheats from any gambling platforms because they might ban and can no longer enjoy the benefits you've gained in the platform. Even if you do it just because you're curious, it's still wrong and not tolerable.

I am glad we’re on the same page. Many cheaters are up for justifying their deeds, and many of the cheaters use poverty and their financial crisis as alibi for cheating. But honestly, nothing could really justify for it, yes it may sound like it calls for humility and equity but in reality in doesn’t. We cannot really help and be of help to others if we tolerate cheating.
122  Economy / Trading Discussion / Re: That AI bot that can trade on my behalf without me making the trades on: January 29, 2021, 04:07:37 PM
If there was such thing that's working really really well, I could almost guarantee that it wouldn't be publicly available and it would most definitely be only be used by the one who made it. Think about it, if you could make millions of dollars with it, would you share it with everyone hence making it less effective?
This is the only conclusion that makes sense, if someone could build such a bot will it make any sense to sell licenses for it knowing that in fact all the bots use the same strategy? Such bot is going to diminish its efficiency with each sale that you make, the other option is that you keep that bot for yourself and invest every single dollar that you have in the markets and let the bot become your own money printing machine. Which option makes the most sense? And it is obvious it is the latter which is why most bots we see online are disappointing at best and a scam at worst.

That’s totally on point. And in the first place we don’t know the real purpose behind the creation of these so called bots. But I were to presume, it would be for the benefit of the creator of course. And I were to be in the shoes of the creator, finding that the bot would benefit me, I would have many second thoughts on just sharing it to others just like that.
123  Bitcoin / Bitcoin Discussion / Re: Elon Musk adds #Bitcoin to his Twitter bio on: January 29, 2021, 03:35:09 PM

The entire spike may not be entirely due to Elon Musk, but we can't entirely write off his influence.

I agree. Elon is pretty influential and recently his tweets about few countries have increased their stocks. For instance, Etsy and dogecoin rose because of Elon's interest.

I could not agree more. With the degree of Elon Musk over his audience, it won’t be surprising if they would follow his footsteps. And if they see him embracing cryptocurrency, no wonder they would also try and promote it as well. Influence over people could really do something although I’m not necessarily saying that he made the price spike, but he led people to focus more now on cryptocurrency.
124  Economy / Gambling discussion / Re: The gambler who manages to beat the casino through cheating on: January 28, 2021, 03:33:25 PM
They've able to find the tweak and enjoy the benefits before they've been caught by the casino owners. It's cheating as most of them played illegally or use something that not allowed from the house.

Cheating is cheating, regardless of its form and reason for doing it. I am not saying that it is right to do it for the first time, but they could at least regret it and refrain from doing it again, and maybe that could make it less of crime. But, as you have said that when cheaters went greedy enough to do it over and over again, that is on another level of cheating and crime indeed.
125  Bitcoin / Bitcoin Discussion / Re: Is it possible to still make a good return from Bitcoin? on: January 28, 2021, 02:39:21 PM
You can go both ways, right?

I am not talking about forgetting Bitcoin but holding your Bitcoin in your wallet, check the prices if you want you can do some trades in your free time while still managing your own business. I don't think you would be having a problem when it comes to doing both of them since you can just check the price chart every now and then.

Exactly. In my view, it won’t be problem to have a job or business while doing Bitcoin at the same time. I think that you should treat Bitcoin as some kind of investment rather than looking at it as as income generator. And I think that if you do both, there will be more opportunities and profit you could get. Just remember to check prices every once in a while, be clever in making decisions and use portion of profit in expanding your business.
126  Economy / Gambling discussion / Re: January 2021 — share your gambling experiences on: January 28, 2021, 02:18:56 PM
It was a nice start for me tbh. I played a few games here and there, and honestly, a nice start for me just means breaking even from most of the games I played.

I also had the same experience as you did. And although I think that all is well for me until now, I am starting to think to maybe have a hiatus from gambling for weeks or at least a month? I’m still not quite sure about this, because I know to myself that I would still feel the urge to gamble once in a while even if I say I will go on a “break” lol.
127  Bitcoin / Bitcoin Discussion / Re: What will you do if Bitcoin hits $1m in the future? on: January 27, 2021, 06:12:30 PM
In our country, its value has already break through the 1 Million barrier in terms of our currency and that is a huge deal for us and its now or never for some users in our country to invest more in Cryptocurrencies. This just shows that Cryptocurrencies can really help the financial stability that most people need in third world countries.
Financial stability? For real? I think it is not showing the slightest chance. I live in a third world country and reality speaks that this is not true. The idea that the market price will continue growing won't make it a reliable source of income to result into financial stability simply because the increase is not totally continuous. It'll take years in order to come up with another all time high(based from its past) which is in contrast with the idea of stability. Those who will afford investing huge amount and will be able to wait for a long period of time will be the ones who will benefit the most but only few people could do that.

That is true. I can relate to what you are saying as I am also in a third world country. Upon reading the title of this thread, the first thing came into my mind is that hopefully I have some funds with me for which I could invest in and hold and wait for BTC hitting $1m. But it’s not the reality for most of the people, as no one knows if it will happen and living in a third world country makes it hard to save seriously. And with stability, I cannot completely rely with BTC as you have mentioned its growth is not continuous.
128  Bitcoin / Bitcoin Discussion / Re: Some Celebrities Promoting, Others Disreputing Bitcoin on: January 27, 2021, 05:49:24 PM
And in my opinion it doesn't sound strange, that the existence of those who support and those who insult bitcoin makes the bicoin position stable. We don't need to see how they contribute, but what we need to do is follow in the footsteps of those who have had a big influence on the development of crypto. On the other hand, 2021 has chosen their seat as a proponent of bitcoin and an insult to bitcoin. not much different from 2020 how artists were trapped by fake projects.

This would exactly describe my thoughts. One way or the other, with the influences and power that these people have over the others, Bitcoin awareness is being spread through them. Just like from the simple tweets Elon Musk with Ben Mezrich saying that they would never turndown receiving Bitcoin as payment. This simply tickle the interests of their audiences.
129  Economy / Gambling discussion / Re: Newbie gambling sites on: January 27, 2021, 05:04:21 PM
since many members give you gambling website recommendations, I would like to inform you that there's a website called BTCGosu (https://www.btcgosu.com/) that has nice reviews about many gambling websites. Since it has many reviews, it can be a gambling website directory too. You can easily find a gambling website based on the games, accepted cryptocurrencies, bonuses, and more. If I am not mistaken, this site made by some members of this forum too.

It is a good thing that you have mentioned this. I have also came across with this website and I myself also check this whenever I want to know check and compare reviews about a particular a gambling site. Although there are so many websites that give reviews about gambling sites, which can be found in the forum, you should still discern which is which and be keen with the information you take, OP.
130  Economy / Trading Discussion / Re: Should I sell or hold on my bitcoin? on: January 26, 2021, 03:58:24 PM
Evaluate your purpose again, if I'm not mistaken, you buy bitcoin so you can sell it high for profit, it should not changed. If the current price does not give you a profit, why sell? bitcoin price will not be stuck, it maybe dump a bit or big time, but it's likely to rise again based on its development and you can also see on its price history.

Always remember that the longer bitcoin exist, the higher its value will become, and that is because of the continues adoption.

That is true. Do not waste what you have started and effort to put into because of the doubts and other people’s opinion. Focus on your target and strengthen your faith so you won’t be easily shaken with this downward movement of the market happening right now. Also, as the other have said, you could try dividing your coins to give a try to that other prospect of yours. But then again, do not sell if there is no profit.
131  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: January 26, 2021, 03:49:20 PM
I do not think that disclosing the identity of the winner is not a good thing, security and safety reasons above all. I believe that casino have a policy not to disclose the winner to the public, don’t they? And yes, hiring security personnel is crucial for the safety of the winner and amount being talked about. I just hope that whoever the winner is, will spend and invest wisely especially during this uncertain times no one knows if a thing will lasts. And of course, to give back and help others as well. A blessing is more meaningful if shared with other people.
132  Bitcoin / Bitcoin Discussion / Re: What happens if internet connectivity gets terminated on: January 26, 2021, 03:40:39 PM
Came to a bank to repay monthly premium for the loan taken providing gold as collateral. I reached the support executive to know the total amount to be paid to get the collateral submitted. The internet connection has got some issue, and I wasn't able to get the required details. By the time it remembered me of the bitcoin into banking where everything is interconnected.

Right now each and everything is connected with internet and technology. The future of banking might happen through blockchain technology and bitcoin in mass adoption. By that time what will happen with the banking process if there happens a termination of internet connectivity for few days time.

With this era being heavily dependent to internet and technological advancements as a whole, if internet connectivity will be terminated or even halted shortly, it will definitely impact many activities and transactions. Consequently, would affect businesses and many economic ventures. Honestly, I don’t see the world functioning like it does now if internet connectivity will not be a part of it.
133  Economy / Gambling discussion / Re: People die from heart attack when they hit the jackpot. on: January 25, 2021, 03:26:39 PM
It is quite sad to know this kind of scenario as they are lucky already as they were able to hit the jackpot which can help them to change their lives but at the end, they got unlucky as they died because of their too much joy and they suffer from heart attack.

Happiness is normal especially in this kind of situation but still too much of happiness is not good as it is already proven that it can cause to our death if we cannot control our feelings.
134  Economy / Speculation / Re: What you'll do when BTC price will go down heavily and fast? on: January 25, 2021, 03:07:37 PM
In my case, I have chosen to convert to stable coins as it is the best option in order to secure the value of your assets. But I will do this kind of scenario only if I can see that the market is starting to shift already from bull into bear but if in case it is only a temporary crash that will likely to recover again in a couple of days or months then I will change my strategy.

Either, I will continue to buy in every dip of btc price until hitting it will reach to it's peak of the crash. In this way, I can secure my profit once the bitcoin will start to increase it's price again.
135  Economy / Speculation / Re: You saw the BTC price WOULD YOU BUY!?............ on: January 15, 2021, 12:13:12 PM
You have a point, bud. I think that if you are intending to hold Bitcoin for the long haul, then buying now would be a good decision. But of course there are some that intends to buy for just a short term holding then will plan to sell it after some time. And with that type of investment, it will be more challenging because they have to wait for a dump to buy then sell when price rises again.
136  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: January 15, 2021, 11:59:25 AM
That’s right, 10% is not that hard. But in my case, I really strive to prioritize saving above all. Especially now that we are in the midst of crisis, saving is really important so there will be something I can turn to whenever emergencies arise. But of course I’m no holy, so I still spend to gamble sometimes, but I make sure to set my limitations and stop when necessary.
137  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: January 14, 2021, 02:53:52 PM
Reading the replies in this thread I see that purely luck based games like dice and lottery popping up in some discussions.

Let's get this straight, guys, there is no such thing as professional gambling in the fields of purely luck based games. Some people may think they are pros because of being in profit from playing slots or dice for years in a row, but in fact they are nothing more than just lucky, and their "professionalism" can evaporate any time with hitting a long losing streak.

I get your point, and I somewhat agree with you. I also see these people as really “lucky” rather than “professionals.” And I don’t think that gambling is a profession, it is a form of entertainment that in a way or two provide benefits to the participants. In my opinion, gambling can be a profession or its participants to be called professionals when it will be affiliated with math and logic. But with the nature of gambling, random and constantly changing,  math and logic do not consistently work with it.


I was talking about  purely luck based games, but, of course, there are types of gambling activities where math and logic are involved. From what I know, poker and sports betting require good understanding of probabilities, and it's a fact that there are professional sports bettors and poker players that make big money with these activities. But those are very rare cases, and the wisest of them quit after making a significant profit.

Yes, I could see that you have focused your statement about the purely luck based games. And I agree with you about that. I am also aware that there are indeed known and respectable sports bettors and poker players in this industry. But I opted to generalize gambling and its nature in order to justify my opinion on how it cannot be really considered as a profession, even with people gaining expertise with it. After all, people are also and still seeking for a source of income or financial needs to be able to gamble. And with that, majority are not really independently relying with gambling but are just fond of it.
138  Bitcoin / Bitcoin Discussion / Re: My Appeal to Everyone to secure your future on: January 14, 2021, 02:13:34 PM
It's great to bring in cash and secure your future with bitcoin, however, you ought not relies upon bitcoins. Bitcoin can be considered as your side pay and you can make brilliant benefit with it, I won't advise anybody to put his cash in bitcoin until he masters everything about bitcoins. I assume a large amount of the majority put all the resources in bitcoins and when they fall they lose all the money. Likewise, there's no possibility for bitcoin to become 1 dollar for each satoshi it might require 50+ years since bitcoin isn't much involved with us.


I think it's not about bringing money, investing at the right time is the key because there are many of those who invest in high price and expect profit in a real quick time which is extremely dangerous I certainly understand risk is reward but if you are investing in BTC for higher price then you are going against the market, think and plan before investing sometimes you can make profit in luck but it won't favor you Everytime.

Yes, that is what I have in mind as well. Regardless of the amount of the capital for making the investment, if done in the right time, profit can be generated even without waiting for number of years. That is why it is indeed crucial for an enthusiast to seek knowledge and observe how the market works first, just like what many have mentioned here already. And the saying that goes do not put all of your eggs in one basket should also be applied since there is no certainty in all of these things. Nonetheless, it securing our future we must plan ahead and decide wisely.
139  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: January 13, 2021, 04:10:14 PM
Reading the replies in this thread I see that purely luck based games like dice and lottery popping up in some discussions.

Let's get this straight, guys, there is no such thing as professional gambling in the fields of purely luck based games. Some people may think they are pros because of being in profit from playing slots or dice for years in a row, but in fact they are nothing more than just lucky, and their "professionalism" can evaporate any time with hitting a long losing streak.

I get your point, and I somewhat agree with you. I also see these people as really “lucky” rather than “professionals.” And I don’t think that gambling is a profession, it is a form of entertainment that in a way or two provide benefits to the participants. In my opinion, gambling can be a profession or its participants to be called professionals when it will be affiliated with math and logic. But with the nature of gambling, random and constantly changing,  math and logic do not consistently work with it.
140  Economy / Speculation / Re: Bitcoin will reach 100K! OK and then? on: January 13, 2021, 03:27:01 PM
The prediction of reaching $100k is still not a reality so why do we have to worry or think too much about the after when we still haven't reached that point. Tbh, we don't even know when will we reach that price and it's difficult to know exactly what will happen after bitcoin reached $100k since there are a lot of possibilities. Correction is highly possible, same with the continue rising but one thing I doubt is bitcoin falling back to zero.

I agree. I don’t think that we should worry something that hasn’t come yet. Overthinking would only bring us stress and are us more emotional than we already are. I also think that correction would most likely to happen given the case, the rising and falling of the price since people would definitely have their own decision of buying and selling by that time. In my opinion, bitcoin falling back to zero is like people abandoning it for good, and I don’t think that will happen.

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