I don't gamble much these days. I'm trying my best to save money. If I start gambling again I'll probably lose too much like before.

I tend to "go for broke" so to speak. And that is what usually happens.


You don't say?

My favorite game is hands down Texas Holdem poker. However, I don't consider it gambling because there is so much skill involved, it is practically a 100% skill game. Th only time luck is involved is with 2 players of equal skill, actually.

As for other games I don't really have a favorite.

I never plan to win the jackpot. It is one of the worst mistakes one can do when gambling. The last thing you want to do is play and play until you win the jackpot because chances are you will lose more by the time you actually win.

The better thing is to watch which machines haven't paid out a jackpot in a long time. This means it is ready to payout a jackpot at any time, and that is when you want to start playing to guarantee that you will win.

Now, if I were to win I *hope* that I'd be smart enough not to blow it all very fast.

Their question was not what do you think is the worst mistake in gambling, but what is your worst mistake?

Now, I am assuming you got greedy before and you are right that people who get greedy usually end up losing, but don't forget being greedy gambling implies you are already up, and it is worse to get desperate because not only are you down but you are trying to come back, and of course the odds are always against you. At least if you get greedy you might only lose some of what you gained and still walk away with a net profit.

Your logic is flawed. Bitcoin will never go to zero, because by nature is is infenitiely divisible.

I think at this poitn we could agree someone will always be willing to buy Bitcoin even if it falls out of mainstream use. In such a case, it would even be worth less than 1 Satoshi each, but people would still want it.

Yeah you are on the money about emotions being the downfall of gamblers. I have seen too manye xamples of emotions getting in the way of people's judgement and they lose all concept of what it means to play smart. They usually end up losing everything.

May I ask how did you Bitcoin transaction clear after just 2 hours?

The current fees state to get your tx confirmed in under 2 hours takes a very large percentage of fees.

Are you really willing to lose such a percentage of your Bitcoin just to confirm your transaction that fast?

The problem is currently that the fees to send Bitcoin are simply way too high. I don't understand what the developers are thinking. They  should be trying to lower fees, but it seems they want to increase them. It makes zero sense. I really don't get it, but anyways if BTC dies then we will just move to another coin.

I prefer real casinos. I don't consider them poison either, because I gamble responsibly. I use mathematics to avoid losing unecessarily. I also keep control of my bet sizing and keep a cool head. The last thing you ever want to do is "chase your losses" because that is what leads to addiction.

Most of the top addresses are from exchanges. At least that is what I have noticed. And the most important thing to remember about this list is that it doesn't actually contain the real numbers of the largest BTC accounts because we don't know all of the public keys associated because most of them (Satoshis for example) have never yet been used on the Blockchain and were generated offline.

I don't usually play slots because there are other games which have better odds like Blackjack, poker, craps, etc. However, it is fun every now and again.

Funny story... I was in the casino once and saw a lady rubbing the screen for "good luck" before each spin.

Sorry, but rubbing the screen doesn't give you better luck.

This is just really cheap and bad business to only give 1 Satoshi with their faucet.

I think the minimum should be 10 Satoshis because they still aren't even worth a cent each and most players will not end up withdrawing anyways therefore the risk is minimal.

The price has risen so high in such a short timespan it is guaranteed to crash at some point. This growth simply isn't sustainable. You can't increase something in price by 20x in 1 year and expect it to stay that way forever. At some pint we are going to see a very, very big price correction the likes of which has never been seen before in crypto. Thousands of people are going to lose thousands of dollars - or millions. Some people may commit suicide. This happened in 2013/2014 crashes and there is no reason to think it won't happen again. All the signs point to a massive dump coming very soon, and we all should prepare for it to the best of our abilities before hand.

People, generally older folks who don't understand technology think gold is a better investment. You can't really blame them since gold still is and always will be a store of value until Humans are no longer here on Earth. It is rare, precious and has other uses. It has been used as money since the dawn of recorded history. This won't change. However, if older people knew how Blockchain and Bitcoin works, they would be all for it. It's just hard to teach an old dog new tricks, as they say.

I checked the stats the other day and it looks like the Celtics are an actual threat to Cleveland this year. People have been saying this would be the case, but not for a few years. I am actually shocked at how good they are.

I just read a post about some guy that had his entire bankroll confiscated by the European Commission of $700,000. They just took it without any warning or consent. Now, that guy would be worth millions if this didnt happen.

Why do governments think they will control Bitcoin? BTC is a decentralized system immune to governments. Are they blind and can't see this or are they simply ignorant to accept the truth?

Bitcoin futures is going to likely lead to the price falling. I have seen this happen to many markets before including recently Bitcoin Gold where the future market tanked just before the coin came out. So I think BTC is going to crash soon after the future market gets going.

How much Bitcoin do the Winklevosses own? I think they probably own a lot... like over 100,000 Bitcoins, and yeah if they were to sell them off using their platform the whole industry would see a large dip. 100,000 BTC (only guessing, could be more or less) is still a whole lot. I think they have a lot of power in this space and might even become richer than Zuckerberg someday if Bitcoin goes above $5,000,000 each.

I take this as a sign that Bitcoin truly will take over the global money supply.

Things don't happen randomly, for no reason. Everything happens for a reason.

This money being printed is a sure sign that BTC has value and based on the price rising for the past year more than 10x, I'm also sure people agree with me. Just wait 5-10 more years and BTC will be $1,000,000+.

There are plenty of Billionaires coming forward to mention their investments in Bitcoin. I can think of many off the top of my head alone that I've heard to comment about investing in Bitcoin.

Why wouldn't they? Billionaires have so much money that it doesn't cost much for them to invest into Bitcoin right now. IT is still cheap for them because $20,000 is nothing to a billionaire.