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Yes, it is possible. Bitcoin is illegal in Ecuador, Bolivia, Bangladesh, Saudi Arabia, Kyrgyzstan and if I were living in those countries I wouldn't dare to use it because they have severe laws so that would be very risky to violate those laws.
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Yes, it is happening on August 1. We should aware as August 1st will be an important moment of Bitcoin. The bitcoin blockchain will hard fork into bitcoin as we know it today BTC and BCC. I don't know, how this is going to affect the original bitcoin. Just wish good news though.
Me too. I hope BTC will survive since most people support it. I'm wondering for how much it will rise in the months to come when there is no danger any more? I think it can rise big because the anticipation of something bad which might happen after the Aug 1 is what was holding the rise of bitcoin so far. |
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Congrats to the players who win constantly on btckings.com! Gennady, joyjoy, bul168, how much have you guys made so far? I'm sure that more than $100 each.  Good job!
Only one day is left until the end of this promotion:
As a limited promotion we would like to offer 1,000 chips for FREE to all players signing up before midnight July 31 2017. We use CET (Central European Time). 1K chips = 0.001 BTC
Don't miss your chance, gamblers! Good luck! |
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To quit gambling for a good purpose why not to try find a new one game that can actually be addicted you like a games or anything that will not suffer all your money just playing gambling hehehe. Finding some a jobs will be nice also
The jod should be really interesting to distract one from gambling. I knew a guy working as a night watchman so he became an addicted gambler sitting on that job. Find something you have to invest all your time in, otherwise you'll be gambling anyway. |
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I think it is not appropriate to say that bitcoins can get you rich in an instant. Maybe it is better to say that is a way faster to earn money if you know how to manage bitcoins and effectively use it to gain more bitcoins. It is not like you win jackpot and win an instant million unless you play on gamble site which is very risky and higher chance of losing you own bitcoin leaving you bankrupt.
Agree with you, maybe I would agree with "that bitcoin is a quick way to earn money" because surely you can earn money just by doing some method of getting bitcoin like a faucet. If you are disciplined and working hard. Maybe in a few years you could become rich dude, no instant way Actually, by doing nothing. You just buy and let it be. To be rich buy as much as you can have. But if you want a faster one then go to the altcoin section. Both are rising in price so it is like a double profit too. That is how trading really works. Can also prevent losses. Maybe it works for you buy it is actually a risky thing, especially with altcoins. I agree with your second line though, you can become rich with bitcoin by doing nothing exept byuing and holding it. How exactly you can prevent losses by trading altcoins remains unclear to me. I also get the picture of your opinion. Based on my experience, though it's not that far enough that I know about altcoins thus, what's clear to me is bitcoin. Speaking of becoming rich matter, everybody knows that there is no shortcuts of everything. I mean when you want to achieve something greater in life, first thing you must do is invest time and effort will follow. We have to work on it still but not in an instant way. If you desire big you also have to invest big and that is time management over bitcoin. We have to exert effort whatever circumstances may happen. Whether working or not, effort and time will be together in order to get something especially when you want to be rich someday. I agree with you, time, money and efforts what is needed to become rich. Hardly you will become rich with bitcoin instantly by doing nothing. But with time you actually can. People who were buying bitcoin $5 piece could have become rich by just holding it until today. |
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This is a very sad news for Russian bitcoiners. Many of them have some coins staying there.
I don't understand why they say that user funds may be never returned. The exchange wasn't hacked, right? So why ordinary people should suffer if one of the owners is on suspicion of money laundering?
The problem is that they are pursuing the shutdown of BTC-E and a case against the owners. They are treating it like Liberty Reserve, as if the exchange and all customers are criminals. Unfortunately, the authorities (by being unable to arrest the actual owners or high level admins, or seize any significant funds) have created a situation where the most sensible thing for the BTC-E owners to do is exit scam. Originally, I had hoped they would allow BTC-E to pay a hefty fine, implement AML procedures and continue operations. That seems unlikely now that they seized the domain and condemned not only the owners but also the userbase as criminals. If that's true then it is even worse. Not all the users are criminals and their funds should be returned to them. Cases like this ruin the image of bitcoin, but unfortunately they happen in one country or another. |
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Well i would like you to cashout me manually 14,000 couse i need some btc now to bet on nitrogensports. Let us know when your it guy fix everything up and if deposits and cashouts are back in function.
Hey, Zenzolina! Can you tell us how much have you made in total so far? Just curious. I myself have made almost 0.003 BTC although I'm only starting with poker. Guess I was lucky. About 31k in deposits and 42k in cashouts .... so about 0.011BTC profitEDIT: i left also some ballance to play with....currently 3k Congrats, Zenzolina! That's a nice profit. Good luck in the future! Meanwhile, it is 4 days left until the end of this promotion: As a limited promotion we would like to offer 1,000 chips for FREE to all players signing up before midnight July 31 2017. We use CET (Central European Time). 1K chips = 0.001 BTC
Don't miss your chance, guys and girls! We'll I haven't read up on your promo yet, maybe I'll look at it first. Though I would likely sign up as I've been looking for a new place to gamble with poker games. Hope this one's it. That's right, no deposit, 0.001 BTC worth of chips just for signing up. I hope you'll enjoy playing on the site. Let us know what you think afterwards. Good luck! |
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I think it is not appropriate to say that bitcoins can get you rich in an instant. Maybe it is better to say that is a way faster to earn money if you know how to manage bitcoins and effectively use it to gain more bitcoins. It is not like you win jackpot and win an instant million unless you play on gamble site which is very risky and higher chance of losing you own bitcoin leaving you bankrupt.
Agree with you, maybe I would agree with "that bitcoin is a quick way to earn money" because surely you can earn money just by doing some method of getting bitcoin like a faucet. If you are disciplined and working hard. Maybe in a few years you could become rich dude, no instant way Actually, by doing nothing. You just buy and let it be. To be rich buy as much as you can have. But if you want a faster one then go to the altcoin section. Both are rising in price so it is like a double profit too. That is how trading really works. Can also prevent losses. Maybe it works for you buy it is actually a risky thing, especially with altcoins. I agree with your second line though, you can become rich with bitcoin by doing nothing exept byuing and holding it. How exactly you can prevent losses by trading altcoins remains unclear to me. |
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I think they will eventialy have to embrace it but there are alot of opinions about this, what is your take??
The USA will never accept something that they cant control and am sure they are not going to accept bitcoins since they have no control over it and they dont have any means to monitor how the whole process goes about. This was really funny to read.  Have you read other replies in this thread? I'm sorry I don't want to sound rude, but your post looks like you are a brainwashed citizen of an anti-American country. I'm sure you are not, it only looks like that. In short, USA is starting to accept bitcoin already and I'm sure it will be among the first countries who accept bitcoin entirely. |
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I don't understand why they say that user funds may be never returned. The exchange wasn't hacked, right? So why ordinary people should suffer if one of the owners is on suspicion of money laundering?
Money laundering is US Gov slang for "we want what you got cos we can't control it". I don't think using a .com address helps either, as it opens you up to US legislation (hence the US warrant). History tells us that leaving funds on a centralised exchange is not at all clever, after all, this is not the first centralised exchange to fail & it won't be the last. The sooner crypto users start using decentralised exchanges (bisq, localbitcoins, etc), the safer their funds (& themselves) will be. I disagree, but I respect your opnion, you have the right to express it. Let's not start a "Politics & Society" like discussion here. I still think that the money ordinary people were keeping on the exchange should be returned to them, and I think most likely it will be returned. |
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Well i would like you to cashout me manually 14,000 couse i need some btc now to bet on nitrogensports. Let us know when your it guy fix everything up and if deposits and cashouts are back in function.
Hey, Zenzolina! Can you tell us how much have you made in total so far? Just curious. I myself have made almost 0.003 BTC although I'm only starting with poker. Guess I was lucky. About 31k in deposits and 42k in cashouts .... so about 0.011BTC profitEDIT: i left also some ballance to play with....currently 3k Congrats, Zenzolina! That's a nice profit. Good luck in the future! Meanwhile, it is 4 days left until the end of this promotion: As a limited promotion we would like to offer 1,000 chips for FREE to all players signing up before midnight July 31 2017. We use CET (Central European Time). 1K chips = 0.001 BTC
Don't miss your chance, guys and girls! |
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It is still worth to use bitcoins because the value has increased and satoshi's will still be on the same track. Before you are thinking that 0.005 BTC is still a cheap amount of bitcoin but right now the price is high and you may think it's gold and you can now reduce it to lower amount. But if you don't want to do this, you can just simply use alt coins.
I can see no point in using other altcoins. As you said yourself we can reduce our bets to lower amounts in BTC. Using other altcoins may arise confusion since we are used to BTC, I rather wouldn't do that. There's no confusion if a gambler decided to use alt coins. Since the casino's are accepting alt coins for now there's no confusion with it. And if you think that it's not worth to spend bitcoins for your bets then don't bet with it. Just bet with what you feel what is better. i will playing with altcoin because for me, bitcoin is really worth for just playing gambling. beside that, there is many altcoin which have cheap price like dogecoin that we can use as the bets. i think in future, there will be many altcoin is using for a bets in gambling site so we don't have to just use bitcoin for bets the games. You are playing with alt coin and saying that bitcoin is worth you just for playing gambling? I can't understand you are supporting and saying that you play with alt coin because bitcoin is worth it for "just" only playing gambling. Not just in future there will be a lot of alt coins, look at the market already, there are hundreds of it. I haven't understood that either. I think the main problem of posts like that by traderethereum is that apart from bad English they are not even trying to make their posts readable, they never double check what they have written. Indeed there are hundreds, in fact there are more than one thousand altcoins already. But I don't think any of them is better than bitcoin to use for gambling. |
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This is a very sad news for Russian bitcoiners. Many of them have some coins staying there.
I don't understand why they say that user funds may be never returned. The exchange wasn't hacked, right? So why ordinary people should suffer if one of the owners is on suspicion of money laundering?
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You can try with betcoin.ag which has got the lowest house edge. Also the visualization is quite good to get the attention of all sort of gamblers.
Betcoin.ag doesn't have the lowest house edge for dice. It has the same house edge as Primedice only dice game on Primedice is much more fun to play. IMO nothing can beat Primedice in the field of online bitcoin dice gambling. |
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Well i would like you to cashout me manually 14,000 couse i need some btc now to bet on nitrogensports. Let us know when your it guy fix everything up and if deposits and cashouts are back in function.
Hey, Zenzolina! Can you tell us how much have you made in total so far? Just curious. I myself have made almost 0.003 BTC although I'm only starting with poker. Guess I was lucky. |
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It is still worth to use bitcoins because the value has increased and satoshi's will still be on the same track. Before you are thinking that 0.005 BTC is still a cheap amount of bitcoin but right now the price is high and you may think it's gold and you can now reduce it to lower amount. But if you don't want to do this, you can just simply use alt coins.
I can see no point in using other altcoins. As you said yourself we can reduce our bets to lower amounts in BTC. Using other altcoins may arise confusion since we are used to BTC, I rather wouldn't do that. There's no confusion if a gambler decided to use alt coins. Since the casino's are accepting alt coins for now there's no confusion with it. And if you think that it's not worth to spend bitcoins for your bets then don't bet with it. Just bet with what you feel what is better. By confusion I meant confusion in our mind. We used to bitcoins and when we bet with it we can feel how much USD we actually risk, but with altcoins we can be confused in that regard. Careful with betting with those altcoins guys, they cost money too. Bitcoin performs well in gambling, it always been,maybe I'm already used to it and haven't tried to do bets on other alts. But no matter what coins or alts it is when we bet we usually convert it to our own fiat or calculate it in our mind. Any can be used as long as were comfortable on it and we see more potential on it to win.Well, seeing a bigger potential to win because of the using another crypto looks odd to me. How's that even connected, I mean the win chance and the type of altcoion you use? IMO it has nothing to do with the potential to win. |
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The high demand for Bitcoin is provided mostly by speculators
It is just another way to say that the high prices that we see today are due to speculators trading, though at another, more technical level. Obviously, the market price is ultimately determined by the balance of supply and demand. So when we say that speculators bid up the price, it essentially means that it is their bids that massively increase demand. Simplistically, the supply of bitcoins is provided by miners while the demand for bitcoins by speculators. If the latter withdraw their bids, the price will instantly crash since the supply of bitcoins will massively exceed the demand for them, and it will be rebalanced at much lower levels (i.e. prices)
Maybe it's too early for this kind of thinking but I have an impression that there are more people who buy bitcoin in order to just invest their money not for trading. As I said, maybe it's too early for this now, but in the future there will be hundreds of thousands traders and dozens of millions of investors or just users of bitcoin and demand from the latter will dominate in determining the price of bitcoin This doesn't change anything in particular Speculators are not just those who buy today only to sell tomorrow. These are any people who are hoping to earn profits by buying low and selling high no matter how long it takes to wait for the price to rise. Indeed, such people most likely won't be called speculators since buying and holding for longer terms is considered as "investing", but, as to me, it is all six of one and half a dozen of the other, especially in respect to purely financial (read speculative) assets like Bitcoin (where you can only mostly via rise in price) Alright, then we all are speculators in a way, even not being traders. Yeah, I'm not joking, it's true, because even holding we hope for the price to rise, and in fact if this happens we sell at the higher price later, like all speculators do. Yeah, you got it right This is how things work in general, though I wouldn't call everyone involved in Bitcoin a speculator. There are a few groups of people who are not speculators despite being Bitcoin users. The first group consists of miners who receive the fees and get paid miners' reward for allegedly doing something useful (i.e. confirming transactions). The second group is made up of folks (some of them are early adopters) who bought coins but they are never going to sell them no matter what (at least, so they say). What are they waiting for? They are waiting for Bitcoin to become a killer currency enjoying universal recognition across the world and for themselves to become new wealthy elites. The third group is a group of people who get paid with bitcoins for some job done. Obviously, even if they sell their bitcoins, they are not speculating. And the fourth group includes those who are actually trying to use Bitcoin as a means of payment, i.e. for buying goods and paying for services Thanks for your great explanation! Btw I never thought there are people who are never going to sell their coins no matter what. I understand that you meant unless bitcoin is adopted worldwide and it costs one million per coin. Then selling small fractions of what they have they be the richiest elite of this world. |
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A little trivia for those of you who haven't already noticed. BTCKING's tables are named after Victoria's Secret Angels  Oh, now I see where those beautiful names came from.  Meanwhile, it is 5 days left until the end of this promotion: As a limited promotion we would like to offer 1,000 chips for FREE to all players signing up before midnight July 31 2017. We use CET (Central European Time). 1K chips = 0.001 BTC Good luck, guys and girls! |
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It is still worth to use bitcoins because the value has increased and satoshi's will still be on the same track. Before you are thinking that 0.005 BTC is still a cheap amount of bitcoin but right now the price is high and you may think it's gold and you can now reduce it to lower amount. But if you don't want to do this, you can just simply use alt coins.
I can see no point in using other altcoins. As you said yourself we can reduce our bets to lower amounts in BTC. Using other altcoins may arise confusion since we are used to BTC, I rather wouldn't do that. There's no confusion if a gambler decided to use alt coins. Since the casino's are accepting alt coins for now there's no confusion with it. And if you think that it's not worth to spend bitcoins for your bets then don't bet with it. Just bet with what you feel what is better. By confusion I meant confusion in our mind. We used to bitcoins and when we bet with it we can feel how much USD we actually risk, but with altcoins we can be confused in that regard. Careful with betting with those altcoins guys, they cost money too. |
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The high demand for Bitcoin is provided mostly by speculators
It is just another way to say that the high prices that we see today are due to speculators trading, though at another, more technical level. Obviously, the market price is ultimately determined by the balance of supply and demand. So when we say that speculators bid up the price, it essentially means that it is their bids that massively increase demand. Simplistically, the supply of bitcoins is provided by miners while the demand for bitcoins by speculators. If the latter withdraw their bids, the price will instantly crash since the supply of bitcoins will massively exceed the demand for them, and it will be rebalanced at much lower levels (i.e. prices)
Maybe it's too early for this kind of thinking but I have an impression that there are more people who buy bitcoin in order to just invest their money not for trading. As I said, maybe it's too early for this now, but in the future there will be hundreds of thousands traders and dozens of millions of investors or just users of bitcoin and demand from the latter will dominate in determining the price of bitcoin This doesn't change anything in particular Speculators are not just those who buy today only to sell tomorrow. These are any people who are hoping to earn profits by buying low and selling high no matter how long it takes to wait for the price to rise. Indeed, such people most likely won't be called speculators since buying and holding for longer terms is considered as "investing", but, as to me, it is all six of one and half a dozen of the other, especially in respect to purely financial (read speculative) assets like Bitcoin (where you can only mostly via rise in price) Alright, then we all are speculators in a way, even not being traders. Yeah, I'm not joking, it's true, because even holding we hope for the price to rise, and in fact if this happens we sell at the higher price later, like all speculators do. |
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