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261  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: September 07, 2017, 04:53:21 PM
What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People like me more tend to hold because we believed that even the price of bitcoin is not stable and its fall right now time will come that it will be pump. Holding bitcoin for a long time was always worth it. It was proven already thats why we are still holding for it.
I can say that even though the price of bitcoin is unstable, sometimes it really gets low and sometimes it gets really high. People are willing to hold their coins because they are waiting for bitcoin price to pump. Everyone believes that time will come the price will rise up and the bitcoin users will benefit from it.
I do not think long term holders hold based on a belief I think they are convinced that bitcoin is going to keep going higher, in fact even if the demand remained static, the inflation of fiat will push the price higher by itself, when you factor the growing demand then it is not really surprising to see the big prices that we see today.
of course, they hold based on belief in bitcoin, if are not believe they will not hold bitcoin. bitcoin demand will continue to increase from year to year because the number of users continues to increase so that the price will continue to increase in the future.
 

like that bitcoin, it will take the confidence to use it if it does not believe in bitcoin only fears are felt and then will not get anything from bitcoin ,, and for bitcoin every year the demand will always increase then the price will continue to rise
Yeah that's is the main reason from many reason, why people are holding bitcoin because we must believe first before made an investment on something if we're not believe on that's investment, im sure we will do something bad like will sell the investment on the cheap price and also i think all investor should be know about it.
262  Bitcoin / Bitcoin Discussion / Re: If you have some BTCs, why not have some Gold too? on: September 07, 2017, 04:47:57 PM
They all beautiful.
Well, i think every person have their own choose. it's true both investment are profitable investment but there is some people who not believe with bitcoin and there is some people who not believe with gold too or other reason for who has know bitcoin will choose invest their money in bitcoin because by invest in bitcoin, they can get a lot of profit.
263  Economy / Gambling discussion / Re: What do you feel when win in gambling? on: September 07, 2017, 04:44:47 PM
I feel very exited and happy when i win at gambling. I mostly gamble for fun. Of course i want to win money, but fun comes first because it's one of my favorite activities.

I feel excited too when I'm winning and this is leading me to gamble some more as I think this is the best day ever. And nothing is going to make me happy when I'm winning. Who's sad though when he's winning? None right?
that is how the casino make money from player actually , if you completely realize that you guys fooled by the gambling system , you will never comeback to gamble again. but still yes we can not avoid the fact that the game and money involved there is the perfect thrill.

just don't get hooked too deep , otherwise you will have a bad life everyday.

It's a strategy from them, they always wanted us to feel excited when we win so that they can stretch out our full potential to put out money in our wallets. That's a sad life if we get too attached in gambling and we are overwhelmed with that feeling everyday, you're gambling it the wrong way and it's a disaster when you didn't changed that feeling.
That's true. Casinos and gambling sites have tricks of their own which they apply on their customers to keep their interest in gambling. In order to hunt something down, you need to bait something attractive. It's a common sense thing. We must have control on ourselves while we gamble.
Do you mean the casino will let you win in certain ways, I do not know there is such a way. the question is how do they choose the players they will let win? i think this way can not be done by the system.
264  Economy / Gambling discussion / Re: Your Lucky moments during gambling? on: September 07, 2017, 04:39:55 PM
Well this happened with a friend of mine twice, he is just a one lucky fellow. He is one of those yolo gamblers. He mostly gambles on sports, anyway first time it happened was in South Africa vs Pakistan series where Pakistan was out of the match and they won in the last 2 overs, one by Junaid khan and another with saeed ajmal. His bet was around 2000 dollars on that match and Pakistan won that series. Same kind of stuff happened in the srilanka vs Pakistan t20 match, Pakistan won when they were i think 40/5.

He has won too many bets in these situations, my question is have anyone else experienced this kind of luck while they were gambling?
Well, im agree with you if that's the lucky moment for him but i want to tell you something if there any some gambler who like to bet like your friends, they will bet on the weak team for get big odds. what he does exactly like your friend, they chooses a match that we don't know/understand like arsenal reserves,celtic20,indonesia19,etc. i've ask why, they said sometime the team who not be favorite to win can win the match. can be said this is the way for get big money but with high risk.
265  Economy / Gambling discussion / Re: Why most people prefer hyip and doubler but not provably fair games? on: September 07, 2017, 04:31:57 PM
Hi,

Why most people prefer hyip and doubler but not provably fair games?
In hyip and double will been result: lost money
In provably fair game: they can win good amount


Easy, those people who like or think better they put their money on hyip or doubler because they only know both way have same risk, that is lose the money. so them that know how to gambling with smartway can earn money, they will think why their not play HYIP or doubler because they just need to wait for know the result.
266  Economy / Gambling discussion / Re: Are the Big Gambling sites paying taxes? on: September 06, 2017, 03:12:57 PM
This had me thinking,
Since its all in cryptocurrencies, do these sites even open a company and declare their earnings?

What is the legal approach here?

Is opening a company more profitable? since paying company tax is usually lower than personal tax?
Also all of this has to be done where online gambling is legal?

Thanks.


It depends on where the casino operates if they operate in a country that allows gambling there will be rules for it. i mean they have to give their earnings report so they will be taxed from gov but for crypto currency gambling, honestly i still do not know if there is a rule to pay taxes or not. maybe is not because most of the countries that has been legalized bitcoin, not allow if bitcoin used for gambling or criminal act.
267  Economy / Gambling / Re: No Deposit Casino Bonuses List 2017 - Play For Free !!! on: September 06, 2017, 03:04:48 PM
What are no Deposit casinos?  Is it only a faucet that you can play with?  How does the casino manage to actually make money if they are just doing faucets?  Is it spammed with advertisements?



There is no such thing as a no deposit bonus. Might be some clever marketing scam but it usually refers to the faucet. Which these days most sites have disabled or made the faucet fractions and fractions of a penny.

The only bonuses that bitcoin casinos give are deposit bonuses, which actually require a deposit. You deposit 1 BTC and get to gamble with 2 BTC, with enough rollovers.

That's what I thought..  But was really confused when the topic said No Deposit casinos.  Gotta miss the days when you were actually able to claim tons of coins through faucets:)
You are right currently they are scamming and doing some marketing tricks because I check few sites and they have restrictions which are not acceptable and few are giving just for few countries but need verification for these type bonuses

No one will give away money so easily for gamblers. There should be some catch which we will come to know when you try to get those bonuses. Each site will have a different restriction, and these bonuses are just to attract more players to their site. I don't think any one can withdraw these bonus amount so easily so better don't waste your time on these things.

Actually it is good promo as you can try the site without any risks that is the the main purpose of no deposit bonus. So dont hope too much to win something from it. If you take it as a way to try the site then it wont waste your time but if you take it as a way to make profit then it might waste your time.
I'm not fully agree with adaseb, because there are many casinos offers no deposit bonus. Of course there is high rollover requirement, it is different with faucet that you find at dice sites because no deposit bonus can only be claimed once per user.
I just see there is one site that offers no deposit bonus, the rest only free spin. I think it's hard to make a withdrawal from a slot game because you will not be able to win with just a few free spins and also I think it's better to play on a site that provides faucet if you want to earn btc.
268  Economy / Gambling discussion / Re: Board games on: September 06, 2017, 02:53:05 PM
Any websites out there that let you bet on board games playing against actual people?  I know there used to be one but it was shutdown quite awhile ago.  Let me know if anyone has something out that is similar!
You mean sports betting on indoor games or like you said board games,yes there are a couple of websites that take such bets.However,I checked with both of them,neither of them provide bets on same games.You gotta specify which game exactly you're looking for and I should link you to a appropriate website.

I am looking for like board games like monopoly, backgammon, risk, stuff like that.  I am looking to bet BTC on them on a fair website.  Not sure if there is even one around but thought I would ask
I only know, there is  someone conducts a survey to know the interest of these game, if many of devotees he intend to create the site but until now, i never heard or seen any sites that provide this game.
269  Economy / Economics / Re: Bitcoin the new gold on: September 05, 2017, 02:01:34 PM
If you ask it's because now bitcoin is the profitable investment. yes i'm agree with you, bitcoin is the new gold even though in my eyes both are different.  why i can say both are different because the price of gold never rise very fast like bitcoin.
270  Economy / Speculation / Re: Why bitcoin price is currently falling? on: September 05, 2017, 01:50:31 PM
Hi guys. About current fall in bitcoin price. Is that because China banned the ICOs? If so, why did it rise before that? Can you guys please recommend some books to read which explains about the factors influencing bitcoin price? Thanks in advance
No, isn't because china banned the ICO. the price fall because some people has sell their coin for take a profit, no more reason for it. Maybe you always see bitcoin price on china market always below from other market but it can not be used as a reference to make a prediction.
271  Economy / Gambling discussion / Re: Your first betting? on: September 05, 2017, 01:40:53 PM
My first bet when i am 9 years old Cheesy
With some friends we play card with money
Not huge amount but just for fun

You did your first bet in 9 years old?  You play gambling in very earlier age, but when i was 9 years old then i didn't know about gambling. I can understand you was just did betting only for fun time, because 9 years old kid have no strategy in his mind only pure winning for fun and nothing else.   
I think I also learn to gamble at that age, I payed cards and until I grown up I still like playing it.
However, when the time comes that online gambling was introduce I began to explore different kind of games until I find my favorite games which is dice when I started and eventually I also learn how to be a sports capper and until now I am betting in sports regularly.
Perhaps the talent for being a gambler is already in our blood so some people have started gambling since they were kids, i think this is the way make some people become addicted to gambling. remind me about the words "something we start from small will become a habit in the future."
272  Economy / Gambling discussion / Re: Gambling loses and wins on: September 05, 2017, 01:23:26 PM

As long as you know your limitation and you just lose what you can afford to lose then it is just fine to lose and just enjoy your game. I also play gambling but I play for fun and not for profit but if I win, well, it is my bonus from having fun!  Grin
Learning how to limit ourselves can indeed help us not lose big amount of money and by not losingin the long runbig amount of money then the time we spent in gambling is fun and we will not go home empty handed.
Exactly. Limitation is one of the key to less our loses, but some of us won't apply that with themselves since they don't care of what will possibly happen, some of us have an ego, so they will not going home until they don't win or maybe lose all what they have which is really not good in reality. Set up limits is also important.
One reason is ego problem and one more is if they lose money that day they will not get sleep. So people will not show interest to go home when they are in long run win. They don't care how much they lost, but most of the gambler intention is when they stop play they must be in winning side then only they will get sleep.
Ego is a part from our emotion, we will feel it when loses or win. im sure we can't ignore it because it will come directly to our mind and i've try one way that some people say, we should set the limit for break it but for me that's not working well.
273  Economy / Gambling discussion / Re: Favorite game (gambling) on: September 05, 2017, 01:08:04 PM
I don't like to gamble on casino games as it is dependent only on luck so I prefer to go for sports gambling where you always have an chance of making some money if you have a good knowledge of the game and the players so I generally prefer to gamble on cricket, soccer and tennis.

I think when it comes to chances in winning, many would agree with you including me. Though i really don't consider it a game that i play since there are no direct interaction to the game, it is the best gambling type to earn money. Poker would be the best for me. It basically get everything in it already. Skill, timing, acting, and it tests your nerves.
poker is one of the very fair game,
because there we are not playing with the house
but play with other gamblers
and where we are required to stay focused and be able to control every game we start
Really? poker is the one of fair game? how about the bot? we know some site put the bot for beat the player, is that you think fair? yeah true we against other player but not all real player.
274  Economy / Speculation / Re: WILL BITCOIN PRICE NEVER GO DOWN? on: September 04, 2017, 02:36:07 PM
The price will down anytime but it's depend on the situation, sometimes you see the price down only $200 but in the couple hour or a days the price will rise back, like i've said in the past actually we shouldn't care about this because what we should care is about how we take the advantages from increased and decreased price.
275  Bitcoin / Bitcoin Discussion / Re: Russia Opens First Criminal Case Involving Bitcoin on: September 04, 2017, 01:55:43 PM
Not sure about the "illegal trading" part, but money laundering obviously is a crime and must be processed or government think since they have $9 million worth of the crypto-currency, some of the coins must came from criminal/illegal activity or has tainted and in blacklist.
I'm agree with you, have $9 million worth of the crypto-currency that's the huge amount, it's naturally if the government suspects them got money from money laundering moreover the money is owned by a small group, maybe if the money is owned by a company or a big a group of people, the Russian government will not suspect and investigate.
276  Economy / Gambling discussion / Re: Why do you care? on: September 04, 2017, 01:47:37 PM
Of course I care, how do you feel if you lost because somebody cheat on you, yes even with fair system we tends to lost the game and it has proven that most of the people losing money in casino but it is about satisfaction , I can accept lost if it is fair
Its really fine for us to lose on gambling as long we do know that they are fair and it does really matter because we would really not like to play on gambling site on which we know isnt fair at all because the feeling of being cheater isnt really nice at all.You are right i would rather like to lose up on satisfaction than on losing up on being cheated.

I agree, when you are gambling either in gambling or in a casino you have to expect that those money you brought to the table will most likely be or expected to be on loss. However we all want a fair play and game, and we all want to be satisfied with the money we play too.
Most people would really feel the same way too.Whose the one who do really like to play a rigged site? No one,right? I do really care 100% on fairness of the site not just rushing up on playing on sites which are unknown in reputation.Even if you lose atleast on a fair way and you wont really get mad because thats how gambling works.
I'm agree with you, if we not care on fairness of the site. it will make us can concentration to the game because if we care on fairness of the site, it can make our concentration split especially when your bet is lost, I'm sure you'll find out why your bet is losing.
277  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: September 04, 2017, 01:28:51 PM
I need an analysis when gambling sport, analysis very helpful for gambling type it. After trying several times, sports gambling is great. There is a different essence than gambling poker or etc. Although sometimes my analysis deviated from what happened.

I only bet on some of my favorite clubs in every sports betting. I have enough analysis because any fanatical fan knows the statistics of player data and the latest club conditions, this advantage makes me not interested to bet on other clubs. It only takes 20% luck because statistics are always predictable.

statistics and analysis are the two things that I think have a level and also the same thing. Because if we can't do an analysis or read an existing statistics in sports or even in all of the games, it is definitely the main thing will be obtained is defeat. Because of the absence of a base it is definitely doing something in a way that carelessly or not in accordance with what is supposed to do. Luck is not the main thing in the game, because luck is just a very small part.
Wait wait, are you not wrong? that i know we can do an analysis by read statistics because from statistic we can see many thing, like both team/player have meet or not before and i dont agree luck only take a small part in gambling because luck take a important part in gambling.
278  Economy / Gambling / Re: easy online lottery,realistic payout and realistic ammounts. try it out yourself on: September 04, 2017, 01:22:17 PM
its best and most easy way to win bitcoins,
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just check it out yourself and let us know how it goes for you !!

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whether with a realistic payout, it will be guaranteed to win the lottery, as i know this game is very difficult so what you offer only for your benefit only. sorry I said like that, because not necessarily in every round of the game there are winning the main prize.
279  Bitcoin / Bitcoin Discussion / Re: Moneyless Society on: September 03, 2017, 04:48:23 PM
There were barter system in the past wherein people used to exchange one commodity for another one. After many centuries we have developed the money system for the better transaction (trading) and easy financial activities. There is a value of each and every thing, then its impossible to offer it for free; i don't agree with you.
And i dont agree with you too, indeed for now there is a value for each thing or anything but you can still find or did barter with someone for certain items. most of it is done by antique collectors, because like he said "they are rich people who no not care about the value of the money." what they look is pride.
280  Economy / Gambling / Re: Coinflip on: September 03, 2017, 04:23:34 PM
Why would any casino offer a 50/50 game without taking a piece of the pie?

Even when players are playing against eachother, the casino wants to make some money for hosting the game right?
Well, someone has to win, if you toss coin against another player both of you have 50% chance to win. Casino will take rake(1% or so) but whatever rake casino takes you will always have 50% chance to win.
OP PvP coin toss isn't popular, I don't think you will find such site with lots of players on.
Actually the gambler like to play pvp game but the problem is only a little site provide this service may be the reason for the casino doesn't want to provide this service is because they only get a little profit. like you said they only take a rake 1% for every game/bet, that's not enough for pay their maintance cost or other cost.
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