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901  Economy / Economics / Re: Germany recognized the bitcoin on: June 22, 2018, 07:15:48 PM
Interesting update and hoping that more countries will recognized this much more advance technology. Germany is a very well-developed nation and what makes it great is that they are now recognizing bitcoin. They definitely fully understand about the advantages of this technology which is really useful in terms of its transaction and speed of processing.
This is cool that all the developed states are gradually understanding the importance of this system and making it legal in their territory so that their public could take maximum advantage of this latest technology of the digital world. This would also help the developing states to realize the need of legalization of the virtual currencies for the betterment of the economy. We should spread this news.
902  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: June 22, 2018, 06:56:46 PM
All I remember I was in college and suddenly we tuned into a FIFA match, and we harmlessly put a bet of 10$ I have absolutely zero idea when those bets turned to 1000 and once mad bet of 10000 (I had zero funds was deep down in gambling debt decided to take a risk call and it paid off). I do occasionally gamble but now I'm able to control it, once you learn the fear of loosing your life is when you suddenly are able to control yourself.
Hmm. Once you understand there is a great chance of losing, the more you will be able to control the decisions you make. Nice one, even though I did a bit of rephrasing. The thing is a lot of people usually do not see the fact that relying too much on the outcome of gambling being positive is actually a very huge problem on its own and that can mar the person completely.

So it is better not to get too overwhelmed with winnings or emotional about losing and as long as you know it is not something you should be too attached to, you will know how to manage yourself.
I think when the gambler will come to know this thing that the chances of losing in gambling are much more than winning, I think not only he will leave gambling but also will come out of these financial crises that he has been suffering from years. But when I see people the way they are gambling in casinos with such a spirit, it seems impossible to me that they will stop.
903  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: June 22, 2018, 06:49:18 PM
do you experience that after losing on gambling that you thinking you will quit gambling for good and never come again to gambling but then next day you are already positive  that you could win in gambling?

that happen to me a lot when i lose in gambling but a could never leave gambling. Cheesy

The results doesn't matter. Most of the people who gamble for the first time gets addicted to it. If you win, then you will be greedy for more reward. If you lose, then all you want is to recover your losses. It will end only when you will be financially ruined.

it always happens over and over and if you do not realize about this, you will be closer to be an addicting person in gambling. and whenever you are tried to get away from the gambling, you will come back in another day because you still want to recover your losses. but you have a chance to get out from the gambling forever if you realize that what you did is not right and you really need help from the other person to stay beside you and always reminds you to quit from gambling because of you lose too much money.

Players those who don't have control over there feelings and those who keep remembering there lost in gambling they can come back and play again. but when you realise what you lost that is your hard worked money then you will never come back again.

I was not addicted but i lost money in sports betting. that time my intention is to earn back whatever amount i lost in gambling. one day i realised i am still losing more money and slowly addicting to gambling that day i strongly decided not to chase my loss.
Every time when they will come back to win back there losses, they will get more losses rather than winning back there losses because when the person has already lost some amount and plays to win it back, he already has got a lot of pressure on himself and when he makes even a single lose move, he losses all the game because of distraction created in mind.
904  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: June 22, 2018, 06:44:47 PM
I just read one article that's about math can help you win at roulette game then i want ask with you all, did you believe math can affect to gambling games? i'm not expert in math so i don't know


this is the article that i readed.
http://theconversation.com/can-maths-help-you-win-at-roulette-69440

I do believe that mathematics help affect gambling games. One of the reason is the computations of betting and the winnings. If math does not exist in gambling then gamblers will find it hard to compute their moves and their winnings.
I want to know that why you believe that having some knowledge of mathematics help a person in gambling games. However I can prove you wrong because if math was of some importance in gambling then the people having a sound knowledge of math would have won every single game they play but here in reality the case is totally different as they still are losing.
905  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 22, 2018, 06:34:11 PM
Colombia should have a fairly easy win!
People betting those days are getting mass heart attacks  Grin
England supporters were shocked until the last minutes and now Colombian wish they were dreaming. The only winners are people betting without a clue and obviously Houses.

Portugal!
Would be a good surprise, they played well but they still needs to relay less on CR.
I spoke in my comments before the arrival of FIFA world that this world cup would be totally different from our expectations and I think my prediction is hundred and a ten percent correct as bigger teams are losing or tying against small teams, the teams that once were considered nothing rather than winning against them and Germany is on the top.
906  Economy / Gambling discussion / Re: Why gambling is portrayed negatively almost everywhere? on: June 22, 2018, 06:28:12 PM
The best way to put that is simply because some people bet WAY MORE then they are willing to lose, if you just put a small percent back that doesn't hurt your finances, I do not see a problem!!!

Control is the key!
in my opinion, any act or substance that harms humans beings in any way whether mentally, physical, emotionally or financially comes under the prohibited category. Gambling has ruined lives of thousands of players and yet many are destined to meet the same end. It is very obvious to portray this negatively so that people will stay away from it and this is best in their own interests. This game can turn life of a gambler into a living hell within a blink of an eye.
But whatever people say, this is wrong so it is wrong. No one can make this better by saying anything about it. We all know these gamblers are just earning money that is virtual. They even don’t know how is winning their money. They spend everything in gambling and at the end of day, they just become zero. They never win permanently. Their greed becomes so strong that never let them grow.
In my opinion, trading and gambling both are the travelers of same boat and the only difference they have is that how these two things are conducted. I think people like to go with trading instead of gambling due to its bad reputation outside the world. We can easily see that the people who play gambling are how treated in the society. No one even wants to talk to them.
The bad thing in gambling is that gambler cannot control themselves. They continue until they lose everything. When a gambler lose all his money and even goes in debts then he tries to make some money to gamble again and win his lost money back and for that he can do any illegal activity even he become killer. Gambling creates more crimes that why it is treated negatively.

You are wrong because if once you become addicted then there will be no finance and you will lose everything. Don’t betray yourself that you will never become a gambling addict. I was also thinking before starting smoking 20 years ago and now I cannot quit smoking because I am addicted of smoking. The same is here in gambling, it is also like drugs addiction.

I agree with you that the gambler will become addict, he will lose everything and there will be no finance for him because there will be no money left back for him with which he can meet his basic needs but it can happen that the gambler keeps on winning and become financially stable rather than becoming loose because some people are lucky.
907  Economy / Gambling discussion / Re: What would you do with your winnings? on: June 21, 2018, 09:05:46 PM
I usually spend my winnings in food with my family and friends I don't save it because I know I will only spend it again in gambling so better to spend it that way.
That is very good idea and i appreciate you, because most of gambling even continue playing gambling with their winning unless they lose it again, and therefore for most of time even after winning a big amount of money they go back to their home empty handed, i think that if they make their own strategy and follow their strategy in a good way, they can really make good profit from gambling.
I think one should only go for gambling we he really needs to buy something which can be counted in extras because when he will gamble for this purpose, he would instantly leave casino when he will save the amount equal to the price of that thing. But if one is playing for making money, then I am sure that he will return empty handed until or unless he is the man of great will power.
908  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: June 21, 2018, 08:56:23 PM
Setting personal limits for yourself in sports wagering is intuitive if you want to survive and be around for a while.
Without limits, people tend to "chase" and can in return dig themselves into a deeper hole.
Rather than doing this, it's best to just turn off your computer or log out of your account and wait for another opportunity to beat the bookies.

Yes i set up limitations for my self because through this I can monitor if I already meet it or not. Its not that easy to handle gambling addiction so I limit my self to avoid addiction.
Sure, I did set upfront limits for myself when playing in casinos and when doing trading (which is a form of gambling for me, too, and with negative expectation too) and luckily that I did because I was able to tell myself stop at the right time.
Setting limits for yourself in gambling makes you a smart gambler in my opinion. And like as you said that by setting limits for yourself, you are able to monitor yourself and I think by this monitoring of yourself, you would be able to save yourself from much bigger losses as well as the consequences of gambling because in that way, you would come to know when to stop.
909  Economy / Gambling discussion / Re: What currencies do you gamble with? on: June 21, 2018, 08:36:24 PM
]
I think online gambling is just waste of time. I prefer traditional gambling because if you want to enjoy then go to a casino and have fun with your friends. If I gamble online I will never use bitcoin for gambling because bitcoin is a business and I will never put my business in gambling bet. Always pay from your credit card and not from your bitcoin wallet.

Not everyone has the privilege to find one near/ beside their house. Besides, profiting from a click away is always a temptation to many!
I will agree with you in this regard that not everyone has the privilege of having a real casino near his home or other places like his office etc but I am sure If he would be really willing to gamble, he would find a real casino in his area because sometimes gambling is taking place in countries where it is banned officially so people gamble at secret places.
910  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: June 21, 2018, 08:22:57 PM
do you experience that after losing on gambling that you thinking you will quit gambling for good and never come again to gambling but then next day you are already positive  that you could win in gambling?

that happen to me a lot when i lose in gambling but a could never leave gambling. Cheesy
This used to happen to me when I first started playing Dice game in Bitsler whenever I lose I instantly feel sorry for myself for losing and not getting my money back so I would stop but in the next morning I would go online and deposit another bitcoin just to place hoping that I it will be my lucky day. I guess gambling is always like this, winning in gambling is a feeling that I can't describe all I know is that it gets me very excited but even I felt that way I know that its still not good if I do gambling all the time so I decided to just quit and focus in doing my life better.
Definitely you will have to quit because when you have no money in hand how can you play? Some people who lose their money for the first time quit gambling forever because they realize the bad end of gambling. It is good because by this way you will not be an addicted gambler. Quitting for you will be easy. If you become addicted gambler then if you lose you will gamble again the next day.
I think this is the only situation in which gamblers stop gambling and beside this there is no other situation in which the gambler would have to stop gambling because when they run out of money, the authorities would not allow him to gamble even the authorities are the relatives of him because they are more conscious about their business rather than feelings.
911  Economy / Gambling discussion / Re: how long you can stay without gambling? on: June 21, 2018, 08:17:12 PM
The longest I could last without gambling was roughly a week.

I can’t understand any reason which took you to gambling even when you were able to leave gambling for a week or so. I think in that whole week, you were never separated from gambling and were working for your gambling as to create new strategies that you can apply in your gambling. If you don’t gamble even for a year but remained thinking of it all the time, it’s of no use.
912  Economy / Gambling discussion / Re: Frustrations: Losing Streak on: June 21, 2018, 08:13:52 PM
Losing streaks are like Achilles heel to most of us.

It's hard to walk away when you just want to cover up the losses. Ended up rage betting and then poof!

Lol. I like how to put it dude. But yeah is one of the worst feeling that most of the time you blame everyone even the dealer or the person next to you for bringing you bad luck. I even have to blame that slot machine I played because it always crippled my bankroll. hahahaha. But this losing streak was part of the game as well, and we should learn how to control ourselves and not to be in this situation because it really sucks.
Not only two or three but I think every single person in this forum would give the same answer to this because it really feels very bad and sucks your mind even when you are losing continuously. It seems like at that time that this game isn’t made for you or has became hater of you. Anyways, we should control our emotion or if not, better to leave.
913  Economy / Speculation / Re: Right time to buy bitcoin "again" ??? on: June 20, 2018, 07:54:48 PM
If you are considering buying bitcoin, then I think today and a few more months is a good choice. I believe in crypto currency and believe in the growth of bitcoin as well as the entire market.

Well it's like a loop you see. The values will rise and drop pretty much until people lose interest in it anymore which is far from what the resl case is. It's goig to repeat again and again and people will just have to take the right opportunity of buy and sell
Yes price will rise and fall but we will not have to take stress at falling and should not be greedy to sell find it rising, it is good to hold your breath of you find bitcoin falling, then don’t forget to sell when it will become highest, don’t forget to buy more at lowest, so now a day price of bitcoin is not so high so buy now and hold till it give u highest profit.
914  Economy / Economics / Re: Blockchain will help Economy. on: June 20, 2018, 07:41:12 PM
Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.

Digital processed for payment was being used before Bitcoin come up. It was very helpful to our economy because every transaction had taxable deduction in accordance with the law of each country. Regarding to blackchain  which is crypto currency like Bitcoin is really big help to economy.
Before the arrival of bitcoin there was no proper system to send and receive money but now the fastest way of sending money at any area of the world has become too easy, we can have fast transaction of money using blockchain, it saves our bitcoin as wallet and help us sending money as fast and safe transaction, so I think our economy has become great now only because of the blockchain system development. We are not only earning but saving, sending with fast transaction only because of bitcoin.
915  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: June 20, 2018, 07:29:16 PM
The average rise in past year is way good to fight against inflation. I do agree that this trends need to continue in future also.
it is important to see bitcoin rising as it will make our profit high we will not be compel to sell as if once price will keep on rising people will see the ray of hope so they will hold, but constant price will not give them any hope so they will panic which is not good for sure, I think it is good to keep on holding soon price of bitcoin will start increasing once again.
916  Economy / Economics / Re: Should we teach children to have businessman mentality or be successful employee on: June 20, 2018, 07:19:36 PM
While the kids still young it is better for them to teached business mentality, gradually they learned how to get income even in a small amount and when they grow up it can help them to struggle more business in their mind and look for higher earnings.

Not all the time though. Doctors, lawyers, pilots and the likes, these people are employees and there's real success in pursuing these careers. It takes real talent and skill to be able to make it to the top of these jobs. Guess we just have to wait and see what tingles out kids' interest
It is very important to notice the interest of your child as according to the research children who choose the way of their own interest are more successful in life than those who were forced to choose the good subjects only, so let them choose, whatever they choose but don’t forget to teach them bitcoin as it will help them at the time of need and they can use it being a businessman and as an employ as well.
917  Economy / Economics / Re: How to regulate crypto? on: June 20, 2018, 07:13:40 PM
Do we need to regulate crypto so that more countries will  allow it?
Regulation is good for all the countries because every country have individual economic development so government should allocate the taxes or some regulation then only all the countries are allow to legalisation of Cryptocurrency. We are all waiting for that moment in future.
Right it is good to regulate bitcoin because it has most of benefits that are occurring only because of bitcoin in any country who are using bitcoin, people are getting jobs, people are saving money, and a lot of benefit are now being a part of our life only because of bitcoin, so I think governments should be strict about bitcoin to make it regular so no one will compel to use it hidden, paying tax for bitcoin will support our government to become stronger.
918  Economy / Economics / Re: New investor and prices on: June 19, 2018, 08:59:26 PM
As for me, when there many operation with that crypto, the price can rise litlle bit, because, there are many facts about the price for it. So, it is true, when the are too much investors the price rise and vice versa.
It may be or it may not be. Reason is, everyday hundreds of new investors come into bitcoin world throughout the globe. But we are not seeing increase in bitcoin price. But this increase would help bitcoin to make a bigger impact once it is countered with big number of investors. By doing so, they become a bigger power and ultimately their affect would make a healthier increase.
919  Economy / Trading Discussion / Re: Day trade Vs HODL on: June 19, 2018, 08:47:24 PM
It is different for different minded people. I prefer holding than day trading. Day trading has more risk than holding. Holding is more safe and profitable.
We can’t just send up one name here that this would be the best way of earning money from bitcoin or any other coin. Like you have said, there would be different opinions over different race of people. Some says day trading is suitable for them and for some holding is best option and nothing is even worth than this one. So yeah, go for one which you have most interested in.
920  Economy / Trading Discussion / Re: Buy in or opt out? on: June 19, 2018, 08:41:06 PM
With the markets experiencing a fall that kicked in around 24-hours ago and Bitcoin falling down to the 6,700$ mark, would you buy in or opt out?
Don't be worried about the price of bitcoin. Bitcoin price will be fixed very soon. It is the time for buying. Buy more and more for future.
This is a voice of hundreds and thousands of promoters to bitcoin that this wouldn’t be letting you down. Right now, although prices aren’t getting up but so soon you would be listening to amazing news telling you about jumps of bitcoin towards moon. So just buy and buy and buy. Save this money for your betterment and a happy life ahead. Go with the flow and buy more bitcoin.
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