Nah, there is visible difference between trading and gambling. Gambling where house prevails at large though a very small number of people still succeed to make some money. Trading is the area where many indicators can be gotten through various tools to understand the trends and markets. Risk is in both but gambling is not better in no way than trading.
Yup the risk is same in both method, but the success rate is bit high in trading. In gambling, very few people can success those who are lucky they will make a profit and the remaining players will end with the loss. But I trading the success rate is bit high if you know the market and you know the right place to trade you will make a good profit. So trading is a better choice. yes no doubt about this, that both are risky but trading have a little advantage of making money, in fact for trading you need a good knowledge about trading, while in gambling you do not need any knowledge but a little experience and skill with good luck can let you win in gambling. |
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I would prefer to play it in slot machines and dice games. And $50 is too big also to use in these games everyday so I would use it for sports betting might help the chance to profit my $50 everyday.
i my self going to bet test cricket match between Pakistan and Australia, starting from tomorrow in Melburn, i hope i will make good profit from it. as i have good knowledge about both the teams. Australia is already in lead of 1-0. |
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Bitcoin wallets already serves as a bitcoin banks where you can deposits and save you bitcoins. If they creates banks for saving bitcoins no one can be sure if it is safe from hackers. When someone wallets is hacked, only his bitcoin will be taken but if a bitcoin bank is hacked, all bitcoins that deposited in that bank might be gone.
hackers are present everywhere, they take your bitcoins from banks they can also take it from wallet by hacking your key, and they can even hack a whole exchange and can take the money of so many people, as we can see that bitfinex was hacked in previous days and they take a large amount of bitcoin form them. |
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hello
I have a question
what was impact of bitcoin on your daily life/business?
do you use bitcoin in your really life every days in your country?
the biggest impact in my daily life is i always use my time to make earning in bitcoin, i think its almost in 8 hours a day, i knew that i can make money with bitcoin in some ways. i think i am not yet use bitcoin in my real life in my country because there are no store available that want accept bitcoin for the payment. yes that is right, bitcoin also have some impact on my life i also spend most of my time studying bitcoin, i think currency bitcoin do not have some more impact on our business as bitcoin is not yet so much common in our society, hope that it will bring a positive change in our life. |
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i think bitcoin is much more stronger currency and bitcoin will be never died and bitcoin future is bright because bitcoin acceptable in anywhere for online shopping .
yes i have also the same feeling, to me bitcoin is becoming more and more reliable and trusted currency of the world, as people are noncontinuous accepting bitcoin and investing their money in bitcoin therefore i think bitcoin is not going to die, but becoming more and more stronger from its previous position. |
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After the existence of the bitcoin everything related to transactions become easier. I can send and receive money from different countries without having to bother the time using a bank account.
yep bitcoin very good when used in online store but bitcoin can't use in local shops, many of the government has not approved bitcoin yeah we know it, but over the times certainly bitcoin will be growing, and users will continue to grow, you'll see more and more local shops that will accept bitcoin, yeah it would be a bit time consuming yes in fact when i start using bitcoin, in my area there was no other person who know about it, i myself learn it from my friend he is in Russia, in my area there was not a single shop who was accepting bitcoin for shopping, but now i can say that the number of bitcoin are are too much as i introduce bitcoin to my friends and my family members, now here are 2 shops who are also accept bitcoin for shopping. |
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perhaps why it is easier to scam with BTC?
I say so because people here see so much scam every where...(lol)
Scam is found everywhere. Even with fiat people were scammed. These can't be compared with each other to have a classified information about real money and bitcoin. Decentralization gives easy access to go scammed. yes agree with you. i think we cannot stop investing in bitcoin, because of the fear of scamming. i think you can more easily be scam in fiat money, you just need to try to invest your bitcoin in such place where you conform that your investment is safe. |
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If you have 10 BTCs to hold 20 years from now. you will be a millionaire.
and you will not do anything just only relax forever.
but to me there is no end of earning money, i also hope that after 20 year bitcoin will be really trading in such a high price, but still i can say that 10 bitcoin will not be enough for you. still you will be trying to earn more and more. |
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I think it will depend on the people or masses of how are they going to educate people all around the world. I think it will take more several years before it happen not now. Though there is a possibility to be happen actually.
Each on of us has our own rule to play, we must help to educate the people close to us, this is some kind of promotion that we are doing but we are not paid to do it, we are doing it because we believe that bitcoin is the future of online currency and being an online currency it is giving us benefits to transact online. i also agree with you. to me bitcoin is really the future of our online currency, and it is really our duty to introduce bitcoin to our closes friends, relatives and to our family so that they can also start using bitcoin and get benefit from it. |
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Okay so, bitcoin is outright banned in some countries, so the banning of bitcoin is already a reality. The major government including Russia, China, and the USA (just to name a few) could also ban bitcoin and cryptocoins in general. My questions to you guys are: What do you think will happen to bitcoin? If any, what is your plan of action and what would you like to see from the community in terms of continuation and development? Bitcoin probably will never die but the banning of bitcoin could change the whole dynamics (let alone a temporary major price dip).
I'll give my thoughts first. I think bitcoin will grow and develop into what we want it to be regardless of the legal status. Fundamentally what bitcoin represents is anti-authoritarian and governments banning of it should not much of an impact fundamentally. Sure the price will suffer for at least a while although still climb "to the moon" probably, but as far as technical development and social spreading goes, I think that will continue. Unfortunately that could mean that it operates in the black market only for a while which would slow things down but I do think that would be a temporary affect. I am curious though if the governments could have a strong enough desire to destroy bitcoin or prevent it from growing past a certain point, that they could actually do that. So I wonder what you guys' thoughts are.
In what countries is bitcoin banned? i'm not sure i am aware of any that have actually made laws stopping it's use. and what would be the purpose anyway, bitcoin cannot be censored by any 1 country. i also have no idea that either any country of the world has banned bitcoin and they issued any official statement about this. i think bitcoin is still free in all the countries of the world and is not yet banned by any country. |
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I think, Some people prefer bitcoin rather than fiat because it is very volatile and it is one of the best part why many investors or traders make a lot of profit in using or holding bitcoin either long term or short term. Bitcoin also has the security which you don't risk your identity just to send or receive money from other person and bitcoin also ask lower transaction fees than fiat.
Yes, for trading and investments me and maybe some people will choose bitcoin rather than fiat. Because the price of bitcoin which tends to rise and fall quickly would provide a tidy profit. But fiat better for savings because the price is likely to be stable, then we are not afraid of losing a lot of money. Thank you yes i also giving preference to bitcoin. as bitcoin is providing a variety of services, to us which make bitcoin more valuable to me. i use bitcoin for paying my bell as well as for refilling my mobile, i also use bitcoin for investment purpose. hope that bitcoin facilities will increase more and more. |
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i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
to me as i am a good gambling, therefore to me i think the most good thing is that i can play gambling using bitcoin, as it as too much advantage of using bitcoin for gambling and especially in online gambling. of course because of the nature of bitcoin that is anonymous, its can make you very free to do gambling, although in your country gambling was banned but you can do gambling using bitcoin with very easy and safe yes that is really a good quality of bitcoin that one can use it for gambling without identity of the person or place from where you are playing online gambling, as i am found of gambling but it is banned here in my country therefore i am giving preference to online gambling using bitcoin that is really facilitating to me. |
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well I'm a newbie so when I started bitcoin talk I also faced some difficulties like, how to send bitcoin or receive bitcoins and the other problem I faced is how to enter in a signature campaign because you have to do it yourself and understand yourself and the other thing is also difficult is the addresses of other accounts is too long so one can not remember it  . Problems cannot be eliminated as that is part of your journey in bitcoin and your life as a whole, what is important is the ability to solve the problem and to accept it. My problem so far with bitcoin is not due to the performance of bitcoin or it's network but due to my carelessness, I do gamble at the rate that I bet the money I cannot afford to lose anymore, but eventually, I was able to figure out how to solve the problem. yes that is right to say, to me i think i do not have any serious problem related to bitcoin, as i can use bitcoin for both investment purpose as we as for currency, although the facilities of using bitcoin are not too much yet but still i am happy with the progress of bitcoin. |
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Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?
ya i agree about statemant your friend that trading is better gambling . for me gambling can spend all my money , because gambling is put all money with risk we get all or we dissapear all but for trading there is risk too , if we lose do not spend all money but to me i think it depend on the skill experience and even on the interest of the people. as to me i am interested in trading alt coins and difinantly i have more experience in trading alt coin than any other trading options, or gambling, although i also play gambling for making money but still i will like to add it is one of the most difficult way of making money ans there is always high risk of loosing your own money. |
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I don't think so, I would always put education first before gambling or any other addiction or vices that I might have. Education is just something that you're going to need once you're an adult to survive. It would be really hard for you to keep up with all the expenses most especially if you live in the city when you're not a degree holder. You will be forced to either move to the province or to work like a dog.
i also do not play with the fund of my children reserve for their education, i even do not play with the money reserve for my daily expenses, i only play gambling with my pocket money that i can easy bare if i lose it. |
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You know when to stop when you think that you have reached your limit, I think that is the mark you have to stop with it a certain time period it tham comes close.
Before starting gambling, people thinks that they can stop when they reach a certain amount of loss or profit but while playing it is a most difficult thing to do. That's why I always gambling with small fixed amount so no need to worry when to stop because if I loose that much money than I will stop gambling for that session. Indeed they cannot stop because they want to win their money back that they have lost, this is happening a lot and due to this a lot of people also get addicted. Yes, of course, when we lost is definitely the more curious to return our money. This will occur continuously so as to make us stop is very difficult and looks addicted gambler. gambling is so much attractive that even after a worst lost people like to continue as to recover their money, and they continue it for the last moment when all the money we have in our pocket finished. some people even continue of loans or selling their stuff like shoes, chain, watch etc on the spot. |
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You make profits or losses from gambling as well as entertainment but games are only for fun and entertainment.
That's right and that is making a game medium for gambling because of the bets that you can made for each game that you will play. And in combination of both you are going to enjoy a game and with the chance of getting profit if you are will going to be that lucky. yes game can only be a medium of gambling, as we put money the games we play, these game can be physical games as sports games and some other activities games but, but some games can also be computerized or non activity based games. |
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Made mistakes in gambling is very common for me especially when I felt so tired and didnt check my setting before click the roll button. Like when I wanted to do all in at 49.5% but instead of set the win chance to that percent I filled the payout text box with 49.5.
in fact i also made worst mistakes for several times. and still continue. some time i increase from my selected limit that cause me some extra lost. on other side some time in sports betting i do select a wrong team which also cause me lose money. |
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I think it is necessary, to promote good, it may be very many people who started to study and look for bitcoin, and of course it would make a very good improvement. it might affect the price of bitcoin, and also the development of technology. but, I feel, it's been a lot of people who do it., and it has begun to take effect.
yes it is the responsibility of every one who use bitcoin and getting benefit from it to introduce bitcoin in their area, so that other people can also get benefit from it, if the number of bitcoin users are increasing it will really make bitcoin more reliable and stable. |
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i think bitcoin through on internet is much more good than bank because Bank get a high fees and the government is also apply tax on our balance and online wallet has too much lower fees and our bitcoin is much more safe and its feel like as our bitcoin in our control when i keep my bitcoin in wallet .
We can't stop those banks if they are seeing that bitcoin has the potential to bump their services for the people. And that's for sure to happen that they will charge us for using their service and its up to us if we will avail their bitcoin banking services. But since there are already exchange sites, we can be our own bank with it. i think in present time there is no need for bitcoin banks but in future when banks will accept bitcoin then it will become possible to use banking services for using bitcoin, but it is a fact that they will charge us for providing their services. |
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