You are right I always also check their thread here at bitcointalk and if they have red trust, I immediately stops thinking about gambling there. That s why the reason you see scam sites like 999dice never got the number of users they desired, because they were scammers and added to that they never quite opened a thread on forum officially or managed it.

Even tough it looks nothing like a casino and it looks like a really really fun game unfortunately it is still a casino. So, they have a house edge and don’t forget the eternal truth, house always wins.

Even if you use a bot or not, you will end up in negative in the long run. Take Satoshi Mines at its face value, it is a really really fun game, not a money making machine, consider it like a ps4 game and play it, not gamble but play.

Totally agree with you there. Bitcoin is not stable enough for me to risk putting all my financial assets into. Gold has been around for a while and even though it still fluctuates it is not new like Bitcoin.

There is no way I would risk the price of Bitcoin dropping and loosing 50 to even 100% of my savings.  For 1 year even I would be too scared to hold more than around 10,000 in bitcoin. Its just not worth the risk.

Lets see, 0.1BTC is about $122 in USD right now. Get a job that pays minimum wage in the United States and work 40 hours a week and you will have 320. That is more than twice the amount you want to earn in a week.

Some of that will be lost if you decide to convert it into Bitcoin but you will still have plenty more than $122 in bitcoin each week. Trying to make that money by working directly for Bitcoin would be much harder though. But I don’t see the point.

Yes I have heard that theory before and it makes sense to me.

I would think that many Chinese might be doing what the people in Argentina are doing which is putting there wealth in Bitcoin to make it less susceptible to the high inflation that occurred. Then it makes sense for the Chinese government to want to try and discourage this practice because otherwise the value of Chinese currency would go down.

That’s it, trading is all about profit in the long run. At first, and especially when you are new to trading you will probably loose more than you profit but think of your losses as paying for the experience you gained. Eventually you will find that you are able to profit more than you lose.

Of course, even the best of traders can make mistakes. I guess my advice is to just go for it and keep at it even if it doesn’t seem like its working in the beginning.

May I join here.... Thank you

Btctalk name   :  justdimin
Rank   :  Hero Member
Current post count  : 1050
BTC Address  : 1M2EWnkjgvvJe5TrFzNHXfubGcuNifeQTy
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Please get me a slot... Thank you.

Btctalk name :  justdimin
Rank     : Hero Member
Current post count : 1050
BTC Address   : 1M2EWnkjgvvJe5TrFzNHXfubGcuNifeQTy

Sorry removing my application.

But from a traders point of view, I could not any option other than making use of fluctuations for my trading. I guess the solution for sclability issue could be suggested by anyone but I am not sure devs will read our posts or not. Because I am not seeing any appreciations nor criticism on form about the post which are concerning about development of bitcoin ecosystem.

But we can earn bitcoins by investing our time and skills. If you are not ready to consider time as an investments then skill is more than enough capital for getting 1 bitcoins within month. Finding appropriate job for the skill, we are having is much easier now a days as we could get lot of job portals everywhere. The basics of earning is always having good knowledge on some latest technology.

I am having a friend who has not gone for colleges still he is good in graphics skills designing and recreations. Now he is earning decently, I guess he must be making more than one bitcoins also every months.

But practically, the risks are always associated with how much profits we could expect. I guess now a days starting altcoin exchange could be a good choice to get start within bitcoin environment with small investments.

Honestly I am not having any experience of managing any online exchanges still by considering the ongoing trend of hype about altcoin markets, I believe it will be highly profitable for sure with small initial capital itself.

That's because only very few methods are available and people are coming forward either with exact copy or with simple modifications. I am not finding any problems with those people as long as their suggested methods are working and not causing me any financial losses. Those people are somewhat smart in my view, they derives most of the times the existing methods and make up it like suiting to one particular age group or country people.

Background check and studying review are always more important to protect ourselves. Just getting into any methods instantly especially when those methods are asking some investments is highly dangerous one, we must avoid them.

I personally think that the desktop lightwell are a bit scary considering that you keep your private key on your personal pc which is connected to the internet and can get infested with malwares and key logs which could potentially threaten your key and your coins, so unless you have a clean system all the time and keep a backup, then you are better off putting coins in different online wallets where they have secure dedicated servers.

People are still not ready for the next generation replacement yet, people still don’t even know what bitcoin is and the society is still dependent entirely on the fiat, and we can’t easily change that, so it is going to take a hell of a time to make the bitcoin go over the wall that is built between it and the other type of currency, and by that time I think bitcoin will become very expensive that none will be able to get their hands on, I think that in the future it will become something like gold is right now.

A part of the decentralization of bitcoin, which I think that is being threatened by the Chinese domination of the bitcoin market, bitcoin is not controlled by any market, it is controlled by the people using it, by the community which makes us the ones that control our money and people want that, they are sick of being controlled by the system and taxes, I mean in Sweden and Denmark people have to pay 25% of their revenue taxes for the government.

I do not think so. People who are able to control their emotions in real life, certainly will control their emotions in both trading and gambling. Because there will be no differences of pressure we do get in gambling and trading from the real life. The practice and experience will give anyone the cool mindset everywhere.

When we are keeping our risk levels small, we could control our emotions like not bothering about the losses. We should always have second plans to recover our losses. The recovering losses will be possible when it is small, otherwise emotions will break up to make the situation more worst.

For what reason people are touching bitcoin must be insignificant as only the userbase will matter for any achievment. We could not expect all the investors must use bitcoins similarly we cannot enforce all the users of bitcoin to hold it for long period. Still, they are part of bitcoin ecosystem and they are helping bitcoin to grow further with different levels of contributions.

When we are considering only about userbase of bitcoins, I believe it would be more than enough to get into it as an investor for a secured future. Yes, when bitcoin has more userbase, we can expect bitcoin will have huge values in near future itself.

If there are some techniques to handle binary trading, I believe learning them and exhibiting them in real market will not be a problem for any trader.

How gambling is out of techniques, similarly binary trading is also based on your luck. You could never find any techniques to bring your luck to favour yourself to make profits in binary trading. You may work out on developing some strategies for binary trading but finally you could not find what you could achieve with other types of trading with those startegies.

Does bitdice in rush of searching new altcoins to add as a payment option for gamblers ? I'm sorry I could not find the any post regarding this from Alex.

I am not sure about the advantages of adding new coins for a gambling site but adding new altcoin will work for that altcoin very positively.

Now some people are suggesting to remove dogecoins I guess this will be the situation for almost every altcoin in future as arrival of new innovative coins is inevitable all the times.