I think for me it impossible that you pay high fee even the price of bitcoin is increasing they are just relaying in the present price of bitcoin.
But we have no assurance maybe it can be happen in the future.. because we are growing and the price of bitcoin is keep increasing..
But miners take and maintain fees in a manner right ? I mean if the price of bitcoins reaches 1000$ then maybe more transactions and hence less fees ? Plus miners can take .0001 and hence have a 0.1$ easy while right now they are taking .0002 because price is a bit low. I am not sure though. |
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I'm looking for details about your experiences on Hi-Lo game. How long you already went into this game? Did you get many losses on a roll? More than 30? The chance to this happen is 1 in millions, but in casinos it can happen more frequently, no?  I really hate hi-lo game. I lose 15 straight rounds before using the martiangle system, suddenly i lose all my amounts which is quite big for me. I did quit playing that much just in time when i have to waste some time and only uses faucets credits. I guess losing 30 and above in hi-lo game are just too much, I could probably say that it is pretty obvious of unfair service that the operator give Yeah its true betting on high low games is like waiting for bad luck to happen because no matter how good your luck was but if you keep making bets surely you will loose it one day or the other. Take a example from those who won 100-200 btc on primedice but today are in loss. |
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It is probably the combination of trump and india, as we know after trump become the choosen president the price directly go up, some of them say because of the expert predict there will be a crash in stock market so alot of bitcoin user buy bitcoin and recently india bans their big currency notes that cause a lot of people buy bitcoin, but whatever the reason behind the rising price i am happy about this news
Yeah you have a valid point, I am not sure about USA but in Indian I heard bitcoin's trading around 900$ + and hey its not trading high, thats the actual value of bitcoins. Added to this the best time to buy bitcoins is now because it will go higher till the end of December now. |
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I will suggest you for investing because Bitcoin prices started to recover, but if you want a high risk you can try to gamble,You can get money very fast but also very risky to lose all your money.
Yeah by the end of year it would be much higher I presume. But I think the investment they are talking here is investing in gambling sites bankroll because otherwise it wont be in gambling section.. would have been in off topic. I think investment in gambling sites is god only if you own the casino or are sure it won't run away. |
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Becoming rich from gambling is really hard first thing is it's really hard to get luck when playing gambling yes playing gambling is just simply thing to do but it always based on the odds and your bet if your bet's is really high then you will lose or either win high also some people are making good profit in gambling.
I think yes it is hard if you are always at play. But once you strike your luck in gambling and stop I think it is a good idea . But if always play, it is hard to maintain your wealth. Also if you are in gamblig, other vices may comes in like womanizing, drinking intoxicating alcoholic drinks etc. And what if instead of win it comes as a loss, you will chase it right ? And there you enter the gambling world. I think to win bigger amounts we don't necessarily have to bet big, sometimes we can select teasers and parlays and make much more than what a guy with 5 bitcoins bankroll makes. |
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Honestly I debate with this question all the time. It's really hard to decide a good time, especially now with price so high and the market moving sideways. Dollar Cost Averaging will usually be the best comrpromise you can make, even though lump sump is usually better long-term, I kick myself whenever I invest and price goes up or down drastically.
Yeah it happens to all of us traders mate. I remember once I bought bitcoins for around 200$ and a week or some 2 weeks later the price was 300-400$ and I had goosebumps since I did not expected that high price (I was new that time to BTC ) but these days I am just able to earn like 10-20$ per 1 bitcoin trading. |
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You are not looking at one major advantage of holding bitcoin rather than fiat/cash. Look at how purchasing power of each fiat have decreased over last few years due to huge inflation. While price of bitcoin and purchasing power of 1 bitcoin have skyrocketed in last few years. So better to store earnings in bitcoin rather than in cash to keep your hard earned money safe from such inflation of your local fiat.
Tell this to someone who had purchased bitcoins at $1,200 per coin in 2013. Bitcoin is highly volatile, and that is the reason why most of the users don't want to store their wealth in coins. I agree with your claim that the purchasing power of BTC has sky rocketed over the past 6-7 months. But what if the purchasing power again crashes in the future? There aren't many users who have purchased bitcoins at $1200 or more and if they did, that was not a wise decision as the price did not last for a long time and it kept hiking by $200 during 2014 which is why it fell pretty soon after that. BTC is known for its volatality and like forex, it cannot be trusted for our daily activities and should only be used if you have extra cash to use as an investment. |
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It does not matter the format as long as you are putting money and risking it in something you have no way to know the outcome you are in a way gambling.
Yes, the outcome is completely decided by luck. Basically all the gambling types must have originated from lottery system in my opinion as it would be the easiest form of gambling for a group of people. Also lottery system must be the oldest form of gambling unfortunately we are having it even gambling houses were completely banned in my country. |
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If a gambler finds a way to bet smartly, well, it must be a cheat and not a strategy. That's the only way to play it smartly.
No there are a lot of differences between gambling smartly and cheating a gambling house. You mean to say there will not be any possibility for your strategy and if you come across developing any strategy that must be an indirect way to cheat gambling house ? I do not think so. Because, in a provably fair system when we are sticking with in their regulations how it could be a cheating. |
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Lost 3BTC in total the whole time I gambled online. I lost 2BTC gambling on NBA odds on nitrogensports then lost some more on casino games. So yeah, regretted losing them. I would probably not gamble anymore. Maybe just for fun and not try to get those loses back.
That is a positive attitude. What is lost is lost. Being emotional and trying to "win back" those losses will only plunge you into further debt. It is good that you will not gamble anymore!  What I am afraid with his approach is, some people with positive attitude and when they want to try gambling only for fun they will be slowly going into serious gambling to test their luck again. After big losses staying away from gambling completely must be the right approach in my humble opinion, even gambling for fun also must be avoided. |
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One thing for sure why kids arent allowed to do gamble is due to the fact that they still have no steady income and all their needs are still dependent on parents. If kids got addicted from gambling I am affraid that they will do some bad things, like stealing or use their school money to satisfy their gambling addict. Kids still have a long time to achieve their ideals.
You are right, introducing gambling to kids will definitely have negative consequences like inducing them to have bad habits. Even a kid has enough packet money to gamble, gambling will disturb his studies and extracurriculam activities too. Online gambling might lead to obesity/heart/diabetic problems in younger age itself. So, definitely gambling is not made for kids. |
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why not do both of it ?
If you are afford to spend for both gambling and investing then there will not be any harm in doing both. But in common practice, people are choosing either one because they are treating gambling as an opportunity to earn money instead of investing. we all know that investing our money would be the best choice in order to make a profit and while waiting for it to happen we have to entertain ourselves and have fun and maybe gambling could do that thing for us
Very few people are doing both as they are doing investments to grow money and gambling to have entertainments. In my opinion doing both would be a great idea as it will ensure that you will not gamble for profits because you are having another stream of earning process. |
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The best way to stop is to lose a big a mount. Once you are exposed to big losses, you will think again before gambling stupid amounts of money, you will start gambling less and less, less often and for less money, to the point that you end up not gambling at all because you see how stupid it is to keep losing money. After a time, you will come back but you will have control over it, and will treat it as fun and nothing else.
Well, i can say that it does works. because i've been through it and i gamble a lot less now. i'm afraid to gamble big and i don't go after my losses anymore. It is really very rare to see people are staying away from gambling and its problem. But you have done it congratulations. As you are doing, we need not to quit gambling completely but in order to avoid gambling problems we must gamble very rarely. Gambling with the very less amount and going for it occasionally will guarantee lesser to no gambling problems. |
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Doing signature campaigns is pretty safe to grow your bitcoins and with a good campaign it can be very profitable, what of course is important for us all.
Trading is also a option but the risks are pretty high and you can lose money from it real fast.
Signature campaigns are to EARN bitcoins but what you will do with the bitcoins so earned ? Thats called as growing bitcoins for example you earn bitcoin with signature campaign and then invest them in gambling sites so you are earning bitcoins and growing them too double impact  Really I do not want to grow my bitcoin because bitcoin itself will grow in its value over the time. Growing bitcoin must be risky in my experience so I do not want to take risk for the process of making my bitcoins to grow. Still, I am growing with my total assets by having bitcoin value appreciation. And still I grow my total bitcoin savings by adding more bitcoins regularly. |
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As mentioned by most users Bitcoin Trading is really a good way to earn profit periodically, but problem with this is the investment. To get a earning, then needs to have a huge investment to get a stable price, other than which the price is unpredictable which needs more time to grab a big profile.
No, you do not need very big initial capital to get profits from trading. Many people are managing with very small capital still they are earning some decent amounts from their trading. The only requirement must be you have developed proper technical analysis skills, without that trading will not be profitable for anyone. |
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if i where you i would take time to research all about gambling before trying . well they're saying that's the first timer always have the best luck tho it's really worth it to try but dont get carried away. if you get carried away you'll lose all your money there. much better to ask some pro in gambling for you to have some idea about it.
First timer always have the best luck? hahah I think it just a beautiful word from the man who said that he is a wise man. The words was made to make people try to gambling. Believe or not. This is true and I have experienced it in my life also I have heard it when I was entering into trading. The beginners usually will not bother about many things and they will simply test their luck. Fortunately most of the beginners will make profits on their first day. When they want to repeat, the problem starts for them. |
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i think all kind of bet is called gambling because we don't know what will happen as result , and someone might be win / loss and it is gambling
You are right as betting is just sub-set of gambling. Still, we can classify what is gambling and what is betting according to the nature of what we are doing. Betting will not be riskier similar to gambling as as we are not using the term betting for a luck based games. Testing your luck might be gambling and others maybe classified as betting. |
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invest is more secure than gambling
but gambling more and more yield than investment bitcoin. Well basically, gambling and investment have different advantages and disadvantages. if you want to be safe, the investment is the best way, but if you want fast, then gambling is the best way, but the risk that received greater Putting your money in a gambling sites is a form of investment and that is profitable as gamblers loses in the long run, you have all the advantage like the house had, so you will certainly make profit in the future. I would choose to invest to make money and to gamble for fun. I feel safe with my money putting in a gambling site but the return is not fast as I expected. I do gamble and I think it is faster although riskier but let's give it a try.. Anyways, if this small amount of money grows significantly then I would put it as investment then. I guess you are already doing a perfect job by not risking very big amount in very first step itself. Always trying with small amount will get you idea about your selected investment site. Yes, your money must be safer than compared to gambling, whereas gambling will diminish our wealth over time but investment into a gambling site will make our bitcoin to grow. |
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Is it safe to keep all your Bitcoins in one wallet in blockchain.info? I have 2FA activated but still.
If one type of wallet by chance got identified with any possible vulnerability, the bitcoins in other type of wallet will be safer by that time. So, it highly advisable not to hoard all the coins into single address/wallet. Personally I use multibit, electrum and blockchain.info for various reasons. I have back up in three different geo locations. |
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I think yes storing make the price slowly to increase because the demand of getting slower to increase specially if all users has good enough amount of store in each wallet.
I believe that also. When you store , the in circulation is lessen and when supply is lessen prices will go up. That is the law of supply and demand. But to gain popularity, we must need a possible least circulations all the times. Without that, there will not be any differences between storing all and got vanished. But practically I agree, all people will not store all of their bitcoins at a time. Still we need more business and circulations to make bitcoin familiar to every one of this world. |
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