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1321  Economy / Gambling discussion / Re: What would you do with your winnings? on: August 25, 2017, 02:03:34 PM
If ever i will in gambling, i would definitely buy a new car. At least i have a remembrance from the money i gambled. Or maybe i'll travel outside the country and take a lot of pictures for a souvenir.

Your wish to come true then you must need to win big jackpots not a small amounts. I suggest don't waste more money in gambling to win those big jackpots instead try your luck sometimes with a small amount because it is not so easy to win these jackpots and we must be very lucky for that to happen. I wish you good luck...

I agree but the question was "What would you do with your winnings?". Gamblers do win sometimes, right? And sometimes they win really big, like millions of dollars. Well, if I ever win big I buy myself a nice car, a nice red car to be more specific. Smiley
1322  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 25, 2017, 11:39:45 AM
After reading all recent posts I came to conclusion that some great players of BTCKINGS were unfairly overlooked so I decided to write down their names here. They are: Here4Trades, Gr1bul, simondelf, Isha, Zenzolina, KidPoker. Sorry if I forgot to mention some other great players, but those I mentioned just can't be ignored imo. I think it would be great if we had weekly and daily HALL OF FAME on BTCKINGS. What do you guys think?
1323  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 24, 2017, 01:32:21 PM
I just registered for the PERPETUAL 1K NL Hold'em. Wish me good luck, folks. Smiley

Yesterday I took the third place in this one, won 20k sats. Hope today I can take the 1st place. 

I can't believe my eyes that there are less than 10 people on the site right now. C'mon, guys, it's fun and it's absolutely free. Register and play.  Smiley

Good luck!
1324  Economy / Gambling discussion / Re: Play with your profit or not? on: August 23, 2017, 10:09:33 AM
When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
No I would just take it all and stop gambling for today,
But for real sometimes I would leave some and play for fun maybe like 1/8 or something of all of my money in the gambling site.

It is better to take the profit and leave because that is the only thing left for us to do when we already win some money. I wouldnt risk anything at all because we cant win in gambling. We ca have fun but we cant win so if the profit is quite high then it is better to keep it but for me most of the time my profit is small enough

If we already profit from gambling we should stop gambling even a little. Our profits will disappear again if we continue to gamble. We keep some and stop for a while. And if we want to gamble again continue on the next day.

That's what I do usually when I win the size of my bankroll. Only I don't play the next day, I don't gamble so much. Sometimes a week or even more can pass until I gamble again. My advice is to never play with your profit the same day or otherwise you will lose it most likely.
1325  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 23, 2017, 09:52:00 AM
It's nice to see that the site has 6 to 12 real players every time lately. The tournaments start one after another and there are always people waiting to participate in the next one. Not long ago every time I checked the site it was Gennady playing with bots mostly. Smiley

Good luck at the tournaments, folks! Smiley

1326  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Bitcoin Cash have a chance at overtaking Bitcoin? on: August 23, 2017, 09:35:47 AM
There is no altcoin does stand a chance against btc, not before, not now, not in the future. Btc is more matured, trusted by many, well known, being used for how many years and the father of all coin. How many altcoin has been made and tried to overtake btc, a lot but they never had a chance to come close on where is btc now, on what btc has achieved.

I agree, bitcoin is the best and will always be. As far as I know, only one coin, Zcash initially was above BTC in price but that lasted only couple of days, right now Zcash is 0.059 BTC.

I think Bitcoin Cash will end up at 0.1 BTC and will stay at around that price in the future.

I am also remember Zcash that have high price above BTC ( about more 20BTC, right? ), but its not stable.

No, it was never 20 BTC. Zcash was 6 BTC max at the very beginning in Oct 29 2016 and the price lasted only several hours. Then in two weeks it went down to 0.21 and right now it's 0.055 BTC.

I think for those who have Bitcoin Cash it is the right time to sell it because 0.156 is a pretty high price for this coin.
1327  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Bitcoin Cash have a chance at overtaking Bitcoin? on: August 22, 2017, 11:54:26 AM
There is no altcoin does stand a chance against btc, not before, not now, not in the future. Btc is more matured, trusted by many, well known, being used for how many years and the father of all coin. How many altcoin has been made and tried to overtake btc, a lot but they never had a chance to come close on where is btc now, on what btc has achieved.

I agree, bitcoin is the best and will always be. As far as I know, only one coin, Zcash initially was above BTC in price but that lasted only couple of days, right now Zcash is 0.059 BTC.

I think Bitcoin Cash will end up at 0.1 BTC and will stay at around that price in the future.
1328  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 22, 2017, 10:33:57 AM
I like the Poker Mavens software but sets this site aside from the rest of the sites running Poker Mavens? http://www.pokermavens.net/  Isn't it easy to cheat the Mavens software with cheat engines? Are the withdrawals manual or automatic?  What kind of security to you insure? Bot detection? Collusion detection?  Multi-accounts?

I have never thought about that before. What "cheat engines" are you talking about? Can you provide a source so I can research the subject on my own.

If you mean the "cheating bots", software which you can download to win on gambling sites, they are designed to steal your info, like logins, passwords etc., and downloading those is inadvisable.
1329  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 22, 2017, 09:31:25 AM
Gambling i consider money i will loose. I never gamble with money i need.

Short but right nevertheless. Gambling with money you can't afford to lose could be the worst mistake you can make in gambling. If you bet and you lose the bet it's okay as long as you don't lose big money for you. You play the game, you enjoy it and no one suffers from that, neither you nor your family or your loved ones.
Sometimes we have a problem on understanding what amount or value that we can gamble that we can afford to lose, because prior to the actual gambling we think this money is something we can afford to lose but when we eventually lose that money we think we still have to gamble to recover our loses.
My definition of an amount that we can afford to lose is something that does not really affect us, but it's hard in real practice IMO.

Oh, that's an easy part. Smiley The maximum amount you can afford to lose in one day should be calculated this way:

(The amount you make per month) / 300

In other words it should be below 0.33% of what you make per month. Thus you will never lose in one month more than 10% of you make, which is a lot, of course, but bearable.


I have never thought about that in that way but I think it can be effective because it won't be a lot that would really affect my salary and responsibilities that I need to address first, like my priorities. How long have you been doing that with your state and gambling?

I started gambling approximately one year ago. Actually I spend much less than 10% of what I make on gambling because I don't gamble every day, but when I do gamble I try to never go above (The amount I make per month) / 300 in one day. It works for me perfectly so, hopefully, I will be following this rule in the future too.
1330  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Bitcoin Cash have a chance at overtaking Bitcoin? on: August 21, 2017, 11:20:38 AM
Anybody else getting worried that this may be a possibility?  Huh

Long term, no. But we could be travelling a pretty rocky road for the coming weeks and months. Rolling out BCH as an opt-in airdrop was much smarter than the Bitcoin Unlimited route. Now instead of trying to manipulate public opinion, BCH's backers (like Bitmain) can manipulate the markets by pumping the price (and/or dumping BTC's price). And they can manipulate the hash rate, too. It's gonna be a fun few months. Then we have the November fork, too! Tongue
Short and Long term BCH will have zero impact because it's just Roger Ver bleeeding his money faking volume but he cannot fake 8 megabyte blocks. BCH is game over in ~8 weeks as the scam becomes plain as day...

I'm wondering is it really possible? I mean how much he loses per day if the trading volume of Bitcoin Cash reaches 2 billion sometimes? Not that I'm advocating BCH, but I think it's not only him who is responsible for the pump.
1331  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 21, 2017, 10:12:18 AM
Perpetual 1K is basically a Sit&Go tournament. It starts whenever 10 players register. We will also add a Perpetual 500 which will be 6 handed.

Wow, that's really great, two perpetual tournaments with zero Buy-in! I guess I can take part in those.  Smiley

I wish I had more free time, because I really want to learn how to play poker like Gennady. Tell us your secret, Gennady. How to always win? Smiley
1332  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 21, 2017, 09:32:29 AM
Gambling i consider money i will loose. I never gamble with money i need.

Short but right nevertheless. Gambling with money you can't afford to lose could be the worst mistake you can make in gambling. If you bet and you lose the bet it's okay as long as you don't lose big money for you. You play the game, you enjoy it and no one suffers from that, neither you nor your family or your loved ones.
Sometimes we have a problem on understanding what amount or value that we can gamble that we can afford to lose, because prior to the actual gambling we think this money is something we can afford to lose but when we eventually lose that money we think we still have to gamble to recover our loses.
My definition of an amount that we can afford to lose is something that does not really affect us, but it's hard in real practice IMO.

Oh, that's an easy part. Smiley The maximum amount you can afford to lose in one day should be calculated this way:

(The amount you make per month) / 300

In other words it should be below 0.33% of what you make per month. Thus you will never lose in one month more than 10% of you make, which is a lot, of course, but bearable.

1333  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 20, 2017, 01:24:22 PM
Good luck in the upcoming 10K GTD tournament, guys and girls!

So far only two people are registered, but hopefully it will be full by this evening.

Let's see if anyone apart from Gennady can be the winner. Smiley


i won xD

I knew it, Gennady!  Smiley Congratulations!

It looks like the site is down at the moment, but hopefully it will be back on soon. Good luck at the tables, guys and girls!  Smiley
1334  Economy / Economics / Re: Is it better to save money or invest it? on: August 20, 2017, 01:19:00 PM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It will be better if you'll invest it into something that will give you profit. Invest it, for the reason of making it bigger faster than saving it in banks. Ofcourse, investment has risks but it will be lessen if you will study the background of the thing that you'll invest your money with. And if you earn something from that investment, you should save half of it and invest the other half to make its growth continuous.

This is a good strategy but it works only if your fist investment was the right one. In many cases people lose their money with the very first investment. This happens because there are many places which promise you big profits with your investment but in fact they are not going to do anything except taking your money from you. So, be careful, invest in things which won't let you down, like bitcoin for example.
1335  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 20, 2017, 11:20:22 AM
Gambling i consider money i will loose. I never gamble with money i need.

Short but right nevertheless. Gambling with money you can't afford to lose could be the worst mistake you can make in gambling. If you bet and you lose the bet it's okay as long as you don't lose big money for you. You play the game, you enjoy it and no one suffers from that, neither you nor your family or your loved ones.
1336  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 19, 2017, 01:48:45 PM
I think that the worst mistake to do when you gamble is trying to make big profits in short period of time. Wining in gamble comes with smart moves and waiting for the perfect moment to strike. Being greedy will only lead to one result; an empty bankroll.

To be greedy is always bad, no matter in gambling or in other field, but with gambling you see the effect immediately. I consider gambling a good teacher in that regard, you can learn great lessons from your mistakes in gambling.

Yeah, gambling always give the gamblers lesson and also in gambling we did a lot of worst mistakes and sometime we learn and many time we don't learn. But it is other matter. Sure in gambling we lose because of greediness, in gambling we all have high greedy and hard to control it, even we try it but sure our worst mistake is coming when we cross our limit and get lose in gambling.    

Setting a limit is very importan, I agree. This limit shouldn't be over the amounht that you can afford to lose in one day and after you lose it, you shouldn't deposit on a gambling site again in the same day. Thus you'll be safe and you can gamble to your pleasure.

Set a limit and stop after lost it all or hit the target profit will be so hard to follow at first. But we have to force it in the hope soon or later we will be familiar with such method and can enjoy the game without the need to worry about the bad result that may occur at the end.
setting the limit is easy, it's actually following through that most people have a problem with. they fall into the mindset that because they lost, just rolling again with more cash will even their losses out (gamblers fallacy). it doesn't always work out, but the one time it does keeps them coming back because they either rolled away money they needed or can't handle the loss mentally. it's just a bad slippery slope to even set foot on.



So basically the worst mistake we can make in gambling is abusing our own rules. We know well that setting a limit and never go above it is a good thing which can help you to not lose a lot to gambling, but not always we follow the rule and that's our worst mistake.
1337  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 19, 2017, 01:38:39 PM
Good luck in the upcoming 10K GTD tournament, guys and girls!

So far only two people are registered, but hopefully it will be full by this evening.

Let's see if anyone apart from Gennady can be the winner. Smiley
1338  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 18, 2017, 11:19:33 AM
I think that the worst mistake to do when you gamble is trying to make big profits in short period of time. Wining in gamble comes with smart moves and waiting for the perfect moment to strike. Being greedy will only lead to one result; an empty bankroll.

To be greedy is always bad, no matter in gambling or in other field, but with gambling you see the effect immediately. I consider gambling a good teacher in that regard, you can learn great lessons from your mistakes in gambling.

Yeah, gambling always give the gamblers lesson and also in gambling we did a lot of worst mistakes and sometime we learn and many time we don't learn. But it is other matter. Sure in gambling we lose because of greediness, in gambling we all have high greedy and hard to control it, even we try it but sure our worst mistake is coming when we cross our limit and get lose in gambling.    

Setting a limit is very importan, I agree. This limit shouldn't be over the amounht that you can afford to lose in one day and after you lose it, you shouldn't deposit on a gambling site again in the same day. Thus you'll be safe and you can gamble to your pleasure.
1339  Economy / Gambling / Re: BTCKINGS - bitcoin only poker site on: August 18, 2017, 08:43:23 AM
Since I bought this up, and don't have enough points, I have just made a deposit, and will buy-in to play. But please check as it says 9 pm and not 8 pm in the system.
thanks
The time difference could stem from the fact that the tournaments show the start time based on local computer time as opposed to a concrete one. You should theoretically be able to find the exact time of starting by simply typing in "8pm cet"

That's right. To find out what time in your area is corresponding to, for example, "8 PM CET" you should google "8 PM CET" and you'll have the answer.

As I can see 5 people were registered for the 10K FREEROLL yesterday, but I'm not sure about whether it happened.

Has it happened, guys? Who won?  Smiley
1340  Economy / Gambling discussion / Re: Worst mistake in gambling on: August 17, 2017, 10:02:05 AM
I think that the worst mistake to do when you gamble is trying to make big profits in short period of time. Wining in gamble comes with smart moves and waiting for the perfect moment to strike. Being greedy will only lead to one result; an empty bankroll.

To be greedy is always bad, no matter in gambling or in other field, but with gambling you see the effect immediately. I consider gambling a good teacher in that regard, you can learn great lessons from your mistakes in gambling.
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