Martingale system is easy to play, double the bet amount when you lose, it is too thrilled, but easy to be broke. I like Fabonacci system, which is proven profitable if you have decent strategy.
Now what is fabonacci system is it something new or maybe I never heard of. But I have tried martingale system but I don't think in general I have won so much from it , basically I don't there is any sort of method which can help you always win in gambling as it is basically luck if it works for one they will tell this method works but basically it's just luck. But luck can not be a strategy like we can follow and have it whenever we need it. Martingale strategy will work for your profits when you are trying it in player vs player games along with big bankroll. In player vs house edge also it will work only when you are able to continue your gambling to withstand 50 continuous losing streaks. |
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Besides dice games, i think sports-betting is also one of the popular bitcoin gambling games especially for sports lovers or enthusiasts. You can even make good profit if you are good at analyzing teams or players in a sports. While you are watching the sports you like, you can also earn from it. And it adds a thrill while you are watching when you put a bet on your chosen team or player.
I agree on what you have said besides on dice sites I could also see that sports betting is also a popular gambling game and as you said there are lots of sports enthusiast all over the globe which do really loves to bet and betting on it its really enjoyable specially when you do saw live game between two teams. But I do see many gamblers are going for dice gambling compared to sports betting. It would be 100% sure that every gambler would have experienced dice gambling at least once but there would be no guarantee that every dice gambler also doing sports betting. Because sports betting needs some knowledge whereas dice doesn't. In my experience, dice is more popular than any other gambling types, given that in bitcoin based gambling industry. |
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please choose two from these games which you think is best.
It would be too hard for me to choose the best two. Because I am into gambling just for entertaining myself for that only dice gambling helping me a lot. No other gambling is capable of giving me the thrills and fun equivalent to dice gambling. I just got into gambling after bitcoins, so I do gamble only with bitcoins where only dice gambling is famous so I have experiences only with dice gambling sites. |
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diversifying your investment doesn't mean "the more the better"
No. when we cannot be sure about the credibility of investments, we need to rely on more than one. If one fails, we can compensate the losses from the profits from some other one. Diversifying the risk is the exact meaning we need to understand from this. it means choosing 3 to 5 good investments and then
How you can say ONLY 3 to 5. It can be in hundreds. No matter. The only thing is you should not depend on ONLY ONE. If you invest all your money into one business, when they fail you also will fail with your investment plans. |
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I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
There are both positive and negative aspects based on bitcoin is not widespread yet. When you target more customers, there you may face negative things but at the same time due to less competition you will get more chances to get your business easy success. Other than this, the success of your bitcoin based business fully dependent on your business concept. When you entering into a new innovative business, bitcoin based concept will get easy success certainly. |
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https://www.theatlantic.com/business/archive/2013/04/bitcoin-is-no-longer-a-currency/274859/An article from The Atlantic magazine - from 2013, way back in 2013 - declaring that bitcoin is not a currency, but "the ultimate tech stock"! The four years since the article was written has proven that bitcoin is akin to an Amazon or Facebook (stock, not company), and much less "Pets.com". That's a good thing. I have to agree with them. Every week that passes without a new company in any local metropolitan area deciding to accept bitcoin as currency is a two weeks further away from bitcoin actually being adopted, mainstream, as a currency. Bitcoin is an investment. A stock or an asset class/commodity can be debated, although it doesn't much matter. Bitcoin is a store of value not a medium of exchange. What do you think? Indeed though it might be said recently but I was quite sure about this since a long time actually. Because you see bitcoins parts or say shares are limited and hence we buy those parts, wait for the shares to go up and then sell them, don't we all do this ? Now being bitcoins accepted on many sites it seems like BTC is a currency but it's just because of bitpay that sites accept this asset  |
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Wow just saw bitdice's increased max win, it's over 100 btc now! looks like a lot of folks have invested into bitdice's bankroll.
Friend one thing I can tell you is that Alex is a dedicated guy and he as far as I know invest all the money he earns in the welfare of the site and players. He rains a lot too whenever he comes in chat which I have never seen on other reputed sites, most of the owners are money minded ad they just get the site popular and then no giveaways while Alex is a dedicated man who gets new games to the site, new features (like the secrity now ) and even above all he dedicates time for giveaways from his own pocket !! |
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It is true but I can't say yet that Bitcoin has defeated the purpose of Banks. Right now Bitcoin has lesser function compared to banks. Banks can do credit payments which bitcoins cannot, Bank payments is almost accepted eveywhere while Bitcoin is not, and also Banks can protect your money without depending on you which is a big factor to determine if Bitcoin is really better than any banking system.
Maybe the applications of bitcoin payments or the entire system might be limited but the freedom and advantages one individual person may get would be more when comparing against traditional banking system. The definition for a better system might be differing person to person and hence even you statements are true, bitcoin is sailing in different directions. |
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yes, I am still going to use it. I do not think too much about if bitcoin prices stable, or not, because at the moment I only intended to collect bitcoin. Well, I think there are many advantages that we get if bitcoin prices stable for a long time. so maybe the government will also use bitcoin
I guess there will be no relation for government's stand on bitcoin and a stable prices of bitcoin. But when bitcoin will have a stable prices for years, many merchants will come forward to accept bitcoin payments which may lead to main stream adoption then government may make a stand on bitcoin. But achieving big prices also will enforce governments to unveil their stands. |
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I imagine a big festival in every capital city that adopt Bitcoin, filled with music concerts of famous bands, door prizes & all items offered there using bitcoin payments. It would be very nice if Bitcoin users gathered in the same place.
At least we should really intend to do so, because with "bitcoin day", will attract many people to know more about bitcoin.
Actually a crowdfunding can be made by users here and we give them a pass which enables them joining the party. I am sure when guys here spend so much if everyone just gives like 0.01 btc and we have around 100-200 users minimum (in starting) we can have a BIG party and everyone can keep themselves anonymous (as some users want privacy). |
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Sounds like the question asked how to earn or make more bitcoin rather than the source. clearly, there is only one source for cryptocurrency is mining. Trading, and any other method requires you to have existing coins to make more revenue.
Trading isn't a guarantee. I think running an exchange or brokerage for trading is the better way.
Trading is fine, when you are using the trusted escrow in your all the trades. Hopefully when you start trading you could have in your mind. If you want to earn daily. Lol. you could do faucets or daily works in your country. In the forum, most of the people prefer signature campaigns. Along with signature campaign working he do not need to work on faucet because faucet take too much time to make some money instead of that if he will start blogging then he will get a good profit. Friend doing blogging is an awesome idea but that needs quite a lot of dedication and patience as you don't get ads on your blogs from day one and in fact the best paying networks like adsense requires sites/blogs to be 6 months old ( for India ) and 1 year old ( for china ) so quite hard lol  |
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here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading. I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us. Yes you are right in any case no matter how small it, luck certainly needed, including trade. Although it is true that dominates success in trading is a skill but luck is also required even though very small. As you say sometimes prices change suddenly, so a little luck will save. So basically both indispensable in the trade. Yes and more because the nature of market, the coins are controlled by the owners and actually if we even invest in the right team while the team changes its plans at the last moment and scams everyone by eating up the investment and dumping the coins then its pretty useless. We need some luck for sure to survive in this trading platform though that been said luck alone cannot get you ahead in the race always. The more you test your luck the sooner you will get a kick. |
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The subject says it all, what books, resources and other things can I study so that I can make an educated decision.
I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.
No books can teach you and believe me that asking people and investing in coins that people suggest is just like loosing money knowingly, while I was new I used to chat in sites (example poloniex) and there guys suggested me to buy some shit coins. Maybe for personal interest. You will earn trading with time and one thing to always keep in mind is invest on the good liquidity coins always. |
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Hey all. So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore... And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for What mistakes to avoid, what to never do etc. Thanks everyone!  If you have almost no idea of what to do then the best advice is to not star to trade until you have a plan of what you want to do, how, why, and how much you want to earn, if you don't you are going to fail miserably. You might be right because we need to be sure why we are entering into one new field and how we are going to survive there. Without proper plans, no one will be able to achieve success in any new field. Self analyzing and learning the required skills are some basic steps we need to follow before entering into trading. Just searching on youtube will find out many good tutorials to get start with. |
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here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading. I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us. |
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i personally think we love money and for money we do anything. So after loosing coins we still play gambling just because we are greedy and we want to earn money or get the lost money back, that is the only reason we still go and play gambling.
When you are loving money why you are simply losing it in gambling ? I do not find any sense in continuing one activity where you are not successful. Being greedy is completely different from being addicted to gambling. A greedy gambler will stop gambling at one point after some losses whereas an addicted gambler will not. They will gamble till they become poor, even they become poor I guess they will continue gambling with loaned money. |
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I would be ashamed if I lose all my bankroll as well as savings through gambling but if I'm even or up because of gambling the why be ashamed? Be happy that you have earned some extra money because of your gambling.
Very positive approach! Yes that is the point to be happy if a person earn money with gambling but mostly no one earn at gambling but only a few people earn on gambling that is why mostly you will face shameful. I think when this thread was started basically the meaning of shameful for being a gambler was that should we feel bad that we do gambling and earn money with it. Because if you see a person whom you know he gambles then you wont trust him a bit, right ? Now think yourself who so man ! Because gambling in some part of our mind is considered as a bad and shameful activity. |
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Anyone get paid by them?
I did gamble a lot on fortunejack (i can't count and remember how many times i've gamble on fortunejack). Never had any problem too when i withdrew my money, atleast they aren't scam site. Their support's response also fast when i need to ask something. I think they are a legit casino. But one problem I faced almost half of the times I try to login is, when I try to login with my username pass, it then asks for captchas and when I fill the captcha it just redirects back to normal page. While sometimes it works and though login had issues I never had any issues at all at all with deposits and withdrawals. The withdrawals aren't instant but usually takes a few mins only. |
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Actually there is a Bitcoin Bank.. its called "Bitcoin Crypto Bank"..
About what you are talking about ? May I have its link ? Just having a word "bank" will not mean they are offering a banking services. Coinsbank is a trusted services still they are not actual bank nor bitcoin based bank. The highest "Interest rate" would be probably if you loan your coins
It means we ourselves will be able to run a banking system by lending out bitcoins and almost every feature of a bank is covered by a bitcoin wallet. |
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