For the teenagers, I think it's very easy to explain the bitcoin for them. Well, they may be able to find information about it from the internet or news, because the information is very much. But for children, I think they should be taught in stages
I think teenagers in general know more about bitcoin and other cryptos than adults. They feel like bitcoin is their currency because it is the currency of the future and the future is theirs. Also I think they are the best among those who can explain bitcoin to children because they were children themselves recently and thus they know what can be interesting for children to listen. |
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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. Altcoins are currently confirming faster and with low transaction fees, I can testify of litecoins and dogecoins which confirms fast with almost zero transaction fees. That is true but we are talking about using altcoins for gambling. Are they better to use for gambling, considering the fact that with gambling it is a good thing sometimes that you can't transfer the money on a gambling site immediately? |
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Firstly, I don't think that the fluctuations in price are unhealthy for cryptocurrency. Secondly, if they were unhealthy we wouldn't be able to do anything about that anyway.
Some traders even say they would abandon bitcoin if it wasn't fluctuating so much.
Traders would abandon Bitcoin, though I highly doubt the users of Bitcoin would leave. As the biggest thing that people want in a currency is going to have to have SMALL or NO volatility in the currency so it has the same value day after day (minus inflation of course) I disagree with this attitude If traders choose to abandon Bitcoin, its price would crash instantly since it is supported exclusively by speculation. If you think otherwise, you are delusional, as simple as it gets. But when the price crashes, it won't be of any interest to anyone (ironically, except traders). You should understand that Bitcoin can have no volatility (or small volatility) only exactly at 0 price. There is no reason to use it in real economy since right now it sucks heavily when compared to the best of fiats I'm not sure whether this is true. What about demand? The price would be still high if there were no speculation, but the demand for coins was high, am I right? But I think we will never find it out because traders will never abandon bitcoin.  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. |
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Bitcoin is difficult to explain. I also find it difficult to understand bitcoin for the first time. Let's share how to explain bitcoin to teenagers. In my country Indonesian, I can say that 90% of children do not know about bitcoin. Even adults do not know what bitcoin is before being described as much detail as possible. Actually, bitcoin could be the money of the future. If children do not recognize cryptocurrency or bitcoin, how they can face the digital age in the future.  I think that not only in your country but everywhere in the world 99% of people don't know about bitcoin. You are right, children will go ahead of others in this regard and it should be like that. That's why it's important to teach them about bitcoin from the very beginning. Only don't make it boring, make it fun and they will be learning with pleasure. |
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Cashout is manual but actually pretty fast. Got my btc within few hrs.
Congrats, Zenzolina! How much have you won? Guys, read the OP. Don't miss the opporunity to get 0.001 BTC worth of free chips. Although I'm only starting with poker, I was lucky enough to raise my balance on over 1,500 chips. Good luck! |
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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. |
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Firstly, I don't think that the fluctuations in price are unhealthy for cryptocurrency. Secondly, if they were unhealthy we wouldn't be able to do anything about that anyway.
Some traders even say they would abandon bitcoin if it wasn't fluctuating so much.
Traders would abandon Bitcoin, though I highly doubt the users of Bitcoin would leave. As the biggest thing that people want in a currency is going to have to have SMALL or NO volatility in the currency so it has the same value day after day (minus inflation of course) I disagree with this attitude If traders choose to abandon Bitcoin, its price would crash instantly since it is supported exclusively by speculation. If you think otherwise, you are delusional, as simple as it gets. But when the price crashes, it won't be of any interest to anyone (ironically, except traders). You should understand that Bitcoin can have no volatility (or small volatility) only exactly at 0 price. There is no reason to use it in real economy since right now it sucks heavily when compared to the best of fiats I'm not sure whether this is true. What about demand? The price would be still high if there were no speculation, but the demand for coins was high, am I right? But I think we will never find it out because traders will never abandon bitcoin. |
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i have deposit today 0.01 btc and have now 0.077 because i kill bigfish  Congratulations, Gennady! You've made almost $200 in what, in two days, or even faster? That's a great profit. Meanwhile, it is 7 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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I feel my bankroll management and savings all are highly unstable. Can go up or down by storing money in bitcoin to gamble. Some form of betting like poker requires good bankroll management and with value changing everyday, I don't see bitcoin as a good use for poker players and sportsbettors.
I really can't see a problem here. Can you explain a bit more how does bitcoin's volatality affect your bankroll management? I mean, it can be either way, good or bad, it's not necessarily bad, right? |
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Firstly, I don't think that the fluctuations in price are unhealthy for cryptocurrency. Secondly, if they were unhealthy we wouldn't be able to do anything about that anyway.
Some traders even say they would abandon bitcoin if it wasn't fluctuating so much.
Your point seems right, people love the fluctuation because it gives them the opportunity to earn money, it's a high risk invest so before anyone will enter here he should already know the norms in the market. If you cannot take the price fluctuation there is still another option which is to invest for long term, check on the trend you will know it's increasing. Trading requires fluctuations in order to make a profit. In fact, the wilder the fluctuations the better as long as the price gradually increases over time. Also remember that some fluctuations are not organic. Whales will manipulate the prices on exchanges to make the price change artificially. You just have to be able to recognize when the price rises too quickly which could indicate a pump. Have more type about control price by whales, as in June until July, we have see all altcoin on market are falldown to the price like in April, but this happens not happening fast, slowly and stable, everyday change 5% ratio and on the road, have some bull trap helps them earning profit anytime And ordinary traders, who are not whales, can take advantage of that too. When the whales are dumping coins in order to decrease the price so they can buy a lot of cheap coins, everybody yhave the oppurtunity to buy cheap coins too, like recently when the price was around $1,800. |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I think we should let them find out about bitcoin, we should only support them to let them learn about bitcoin so they are interested to understand bitcoin and know how to make money with bitcoin. Depends on the way you tell them. If it sounds boring or looks boring of course they won't listen. But if you can make it interesting for them, surely they will listen and will try to understand. Children love to be like adults sometimes, and they hate if treated as kids always. |
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I just signed up at btckings.com and the email confirmation i have received but, i did not see it was an email confirmation. I just saw an email with a welcome note and included a bitcoin deposit address.
Is this normal or should i wait a few more minutes to receive a confirmation email?
Check your spam box, one user already reported similar problem, the confirmation email was in their spam box. 8 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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Firstly, I don't think that the fluctuations in price are unhealthy for cryptocurrency. Secondly, if they were unhealthy we wouldn't be able to do anything about that anyway.
Some traders even say they would abandon bitcoin if it wasn't fluctuating so much.
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why does i cant seem to win in the lottery? has anyone here win in the lottery? also i have bought many tickets plus i boost the ticket reward using my reward points, but still no chances of winning. i think its scam.
People rarely win in lotteries because it is designed that way. If you are lucky you win much more than the price of one ticket, if you lose you lose. There's no point to think it's a scam only because you haven't won. You can say like that but there are many doubts in lottery games on this site. they never tell anyone who has won the lottery for each round if they want to keep their privacy maybe they can show the bitcoin address that has won the lottery. Their lottery is provably fair since lately, so I think there shouldn't be any doubts on its fairness. You can read more using the link: https://freebitco.in/?op=home&tab=lotteryAnd what's the point of showing bitcoin addresses that have won? Can't one make that up easily? |
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Anyone have some good diagrams/flow charts that can be used to teach children about btc?
Anyone in here giving btc to their children???
There are some good videos on yoututbe, like this one for example: https://www.youtube.com/watch?v=Um63OQz3bjoBut I think you should draw the diagrams by yourself because you know your kid better than anyone else and thus you can make him interested in learning. |
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few players playing during the day, rest of them are bots.....indeed terrible players but lucky as fuck wanted to ask if i make deposit do i still need to collect 100 points before cashout?And one more thing.....points are not awarded correctly.... for 5000+ chips all in bot called 5000.... thats 10k in pot ........2% equals 200 chips.... i should get 8 points since i contributed 100 chips to the rake....however i got only one.......and that happened every time...i should had over 200 points at the moment....... Hello, Zenzolina! I played at the same table with you 30 minutes ago. Answering your question, no, you don't have to collect 100 points before cashout if you made a deposit. ~
IMPORTANT: there are no cashout restrictions WHATSOEVER when you deposit btc to your account. Players can cashout these chips and the chips they win ANY TIME
Good luck! |
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Create an easy to use provably fair dice game. Player who rolls 88.88 with min bet amount 0.00001 BTC wins the jackpot which immediately goes to their account and they can withdraw.
Wow, great idea! We will add jackpot soon Our game have automatic payout, no need withdraw. Thanks! I'm glad you like it. Thanks! When the site is ready, let us know, maybe I'll try my luck with some rolls there. Good luck with your project! |
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why does i cant seem to win in the lottery? has anyone here win in the lottery? also i have bought many tickets plus i boost the ticket reward using my reward points, but still no chances of winning. i think its scam.
People rarely win in lotteries because it is designed that way. If you are lucky you win much more than the price of one ticket, if you lose you lose. There's no point to think it's a scam only because you haven't won. |
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Children should have a childhood, and teenagers may already be interested in the form of the game, but do not overload them with too much information. They must enjoy youth, and not earn money.
Your words look like they are right but in reality it is unclear what does it mean "They must enjoy youth"? Enjoying youth is a very loose concept. You can learn something useful and enjoy youth at the same time. On the other hand you can spend your life on a luxury beach and still hate it. So explaining bitcoin to children is a good thing imo. |
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