Hi everyone, I just wanted to say that bitcoin casinos are so much better then normal one's, most of the bitcoin casinos have instant cashouts when you look at normal casinos it takes atleast 5 days to get the money to your bank account. BITCOIN CASINOS ARE THE FUTURE!  With the bitcoin transaction getting slower by the time, i don't think that bitcoin gambaling will live on, at least some of the gambling sites, i mean i used to play some sports gmabling on one of the best gambling sites wich was DirectBet, i used to put my bet and send my coins and instantly gets confirmed bu as the transaction got slower and the fees getting higher som any people were not able to do this anymore so the site shut down, the core element that diffenciates bitcoin gambling from real money gambling which is faster transactions was removed so you would be saving yourself a lot of money if you go to a real casino and use real money rather than jut wasting bitcoin that you could save and earn a lot from it. That is a problem, but nothing impossible to solve. It's making some gamblers stay distant from Bitcoin gambling and approach AltCoins gambling, I think a more adequate title for this thread would be "Crypto-Currency casinos are the future", as not only Bitcoin gives us advantages when gambling online, but many other AltCoins being accepted by casinos too. And I think when he says normal casinos he could be talking about other online casinos, but that accept only fiat. |
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Good luck, that will be an interesting journey by 1 BTC goal. If we can follow closer your progress I believe many people that don't have skills in trading (like me) can start having interest on it and who knows, give a try too. It's not helpful when we hear from other people: "make profit trading, trading is very profitable" and we don't know very well how is their daily routine trading.
For newbies a loss on a day is already enough to fear continue the experience, but following your thread it's possible to see how to deal with a hard trading day and recover it on next day and if it will work on long term.
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At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Around two months ago I was quite confident that there cant be any better place to invest your idle money than to invest them in btc. But a series of events which have occured in past two months have questioned very existence of btc as an investment too. Its too volatile moreover the govt. Intervention always give prices steady shocks. As far as for long term investment I am still sure that there is no better option than bitcoins. Bitcoin's volatility was already well known, it's not a surprise. Worse events already happened in the past and Bitcoin overcame them as we can see along its history. For me there isn't better investment at this moment, the proportion between profit and risk is very worthful, balanced, better than many low risk investments that generate nothing and high risk investments that generate nothing too (as investors lose money). About government's intervention I don't doubt it could affect the price positively, but it will surely have a negative impact over the individuals. |
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If we didn't have regulations about jobs on our countries it would be already possible as it would depend only employeer and employee wishes. But as it works now the government wouldn't allow it even if both parts agree. And people still asks for more and more regulations even if it's useless for the individuals inside a society.
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I'm not ashamed of being a gambler. Most people are to some extent. They may not be going to casinos or gambling online but when an opportunity comes they grab it without thinking twice. My family members know what I'm spending my money on and they usually don't approve (officially), but aren't trying to change me since I'm independent and not in debt.
I think you shouldn't try to hide it. Gambling is not a weakness as long as you do it in moderation, just like drinking.
Maybe if you grew with a family that hates gambling or criticizes gamblers, then you might have developed the constant feeling of being a shame to the family or something. That's how you are going to feel every time you gamble, and that's going to creep you up. There's nothing wrong to be ashamed of something and there's nothing wrong with not feeling ashamed too. Yes, you feel yourself to be an independent gambler if you are actually not taking debt from anyone just for the sake to gamble more and to lose all you had. The thing is that there is no shame in being a gambler even if your family has a notice about your activities. If you have earned the money without anyone’s help then probably it’s your own right to decide that where is it to be spent whether for the sake of some professional business or to have fun in the casinos. I agree that you should be, from your wording, an "independent gambler." Since you do not rely on others for your gambling money, but that should have been the case for every gambler. I do also agree there is no shame being one especially if you do not wage all your money or anybody's money or money that should not be gambled, however I also believe that their is no point in sharing whatever you are doing on social media. I don't see that point, it just adds more drama to everybody especially to the poster. People share it on social medias maybe because they want to promote their referral links, to show a nice strategy, to show someone earning big (or losing hard), any interesting fact about gambling... People around need to learn accepting the gambler as there isn't anything wrong with this... Gamblers are usually adults and know what they are doing, if people around want to create problems it will become even worse. |
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Let's calm down and wait some days to see what happens. Many people sold their Bitcoins and many transactions were created. That was a big surprise for many because they were sure about a HardFork that didn't happen. Bitcoin Cash enthusiasts enjoyed the opportunity to boost their currency and cause an impression Bitcoin is failing. If it's real or not only time will tell, what I can is that an increasement in price like we seeing on BCH isn't normal and sustainable.
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I spend the profit made from Bitcoins into investments in real life and miscellanious activities. It's a very welcome extra income that makes possible for me to dream a bit more about goals in real life. I can run projects that I couldn't before without Bitcoins. Surely sometimes this money is needed for expenses of my daily life and to help people near me, I think it's a common situation for almost everyone.
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It's evident the overstatement on this phrase. Fiat surely won't disappear overnight without traces, Crypto-Currency adoption can increase and will probably increase a lot, but not at the point fiat will become worthless. It's important to say internet didn't reach everywhere yet and many people don't use it. 5 years is a short time period to introduce 99% of the globe into Crypto world. But the exacerbate Crypto-Currency's propaganda is evident on his statement...
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80 - 6000
x - 7000
6000x = 560000
x = 560000/6000
x = $93,333...
Ok, but I don't understand your calculations, could you please explain. Should we take under consideration the last BTC rate? Let's say you bought 0.01333333 BTC (using $80 when BTC price was $6000). Then you sold this amount 0.01333333 BTC when BTC price was $7000 and made $93,33. $13.33 profit. The calculation is simple 'rule of three'. I took in consideration the last BTC rate, yes ($7000 as you said). 80 - 6000
x - 7000Multiply diagonally (80 . 7000 and 6000 . X) 6000x = 560000(Then move 6000 to the other side with inverse signal [inverse of multiplication is division]). x = 560000/6000(Then solve the operation to find the X value, that is the amount you are looking for). x = 93.333... |
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80 - 6000
x - 7000
6000x = 560000
x = 560000/6000
x = $93,333...
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If the investment would be in BTCs it would worth a lot, but as it's fiat better to stay away... 1,3% is already too low compared to the profit we make just by holding Bitcoins with the aggravating that fiat loses price each new year. At first impression it can look a good investment as you just let your money resting at the bank with full guarantees of return after X time. But it's not.
Better to invest in BTCs or in a piece of land where you can buy cheap and build or produce something to generate income.
The interest on bank deposits is guaranteed, while Bitcoin is very risky. That's why it's so low. But inflation considered only people who don't understand money would save in bank accounts instead of buying other assets of varying liquidity. Yes and meanwhile the banks use people's money to make decent profit for them and share only little percentage... I believe if there were more concurrency of banks it would be better even with fiat investments. This way banks should compete among themselves to offer the best rates for investors. |
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Personally I prefer to let my money in BTCs as it's the most profitable currency nowadays. You can make profit with this kind of investment (start-ups), but I think Bitcoin is more prominent, higher profit. Bitcoin is unstable, but on long term the results are only being positive, other investments can have the same instability without the positive results on long term...
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If the investment would be in BTCs it would worth a lot, but as it's fiat better to stay away... 1,3% is already too low compared to the profit we make just by holding Bitcoins with the aggravating that fiat loses price each new year. At first impression it can look a good investment as you just let your money resting at the bank with full guarantees of return after X time. But it's not.
Better to invest in BTCs or in a piece of land where you can buy cheap and build or produce something to generate income.
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I wish I knew something perfect to say that would jolt you out of this stupor.
You need to stop thinking about the 15000. Its just money and you are comparing a precious human life with it. Your life that is a miracle of nature.
Your life to which probably a lot of other lives (your family) are connected.
When you have your life and health, you have everything man.
Go to a forest, swim in a river, catch some fish, make a small fire and cook yourself some nice meal, pick some berries and just spend some time out in the sun among nature, WITHOUT THINKING ABOUT THE MONEY..!!
Its just money dude. You can always earn it back. It'll come and go, then come and go again. Don't let it affect you so much
Quote simply, your life is the only thing that matters in this whole episode. Not the money, Not the bloody ETH, Not the fucking Bitcoins and definitely not those fucking scamsters.
All that matters is your life and your peace of mind.
RECLAIM IT. AND YOU WILL BE ABLE TO RECLAIM EVERYTHING ELSE!!
Very well said. Material losses are part of our lifes, we just need to be careful to don't have losses on our spiritual lifes. Today you can lose $15.000, but who knows tomorrow a new opportunity can appear and you earn even more? It's a terrible mistake to commit suicide, especially because so ridiculous reason. And don't worry if no one cares, some people are alone on their lifes, but someone can appear someday and bring a new age of happiness and prosperity again. Hold on during the storm and be sure it will end someday bringing a new sunny beautiful day. |
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I find dice the simplest of the gambling games to play. You pick either one or the other and you either win or lose.
Quite simple right?
Even better than sports betting cause you don't have worry about the other factors that play on the odds of you winning such as overtime and players getting injured causing the odds to go against in your favor.
It's simple to play and that is a good advantage, but I don't agree it's better than sports betting as you can't win on long term on Dice and at sports betting it's possible. The house always play against you on Dice, it's inevitable, but when you bet at sports you don't fully depend the house results, but the game's results, so skills are very important. The main point is that Dice is simple and easy to play and easy to manipulate people to believe there are 100% working strategies. |
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I wonder if it is what I understand.
Right now, major miners, including JihanWoo, are not mining BTC and concentrating all their hash power on the BCH. So, the BTC network is currently suffering from normal transsactoin, and the BCH is continuing to be pumped. right?
By the way, is the mining things going to increase 'profit rate' if there are fewer competitors? Then, if the competitor is small in BTC like now, is "the other miners" get a much bigger profit when they mined BTC now?
Or until the difficulty is adjusted up to two weeks, "other miners" do not get that benefit for up to two weeks? When major miners return in two weeks time, are they also getting more BTC because of the lower difficulty?
I've some delight after reading your topic, because in past few hours, I really don't know why the bitcoin price is dumped too fast and followed by increasing unconfirmed transaction number. And I think BCH will always the coin for "Whale" to make their profit by bumping it, it could increase more before its segwit but in long term, miners would move back to BTC because everyone know that, BTC still remand top. Because the HardFork was cancelled and many people were holding just to claim their free coins and cashout the profit right after. Without a HardFork, people cashed-out and dumped BTC price. We would see the same effect after the HardFork, but as that didn't happen... We are seeing now. It's not too serious, but this miner's movement seems a bit more drastic, but maybe they are just wanting to enjoy the hype and come back to Bitcoin right after the profit with BCH is made... |
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this day bitcoin price is huge dump, as of now the price of bitcoin is $6,400, well this is normal for bitcoin maybe some newbies investors are panic selling, it will go up again just keep holding guys.
Definitely, I will not do the same mistake again. I panicked when bitcoin price goes down before. And as a resupt i panicked sell. I regret it because just right after several hours, its price goes up. I promised now that I will not do the same mistake again. I will just keep and hold my bitcoin no matter what. Besides the profit I get is still higher than the capital I invest. Instead of panic selling, it's better to do the inverse, buy a lot! The scenario is uncertain now, but I keep believing Bitcoin will rise again, that HardFork was just a trap to deceive investors and cause this "negative" effect on Bitcoin's price. I say "negative" because nothing here is negative at all, it's moments like this that give us the chance to make extra profit. |
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I believe the Bitcoin's price has nothing to do with the number of active Signature Campaigns on the forum. I don't think people wait BTC price decrease to start their campaigns here. If they aren't happy with some aspect of Bitcoin, like expensive transaction fees to pay their promoters, I think they could just use a main AltCoin to send the payments. But the rates are always calculated in reference to Dollar price, so there isn't difference in which Crypto-Currency you receive payments. Bitcoin's price impact over Signature Campaigns is just the changes on rates, almost zero impact...
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Well, no one answered the question, I would like to know too: Is Bitcoin finished? No more development over it? (No forks)
What are the expectatives?
It's too early to have sure about something now, but news say some big guys and businesses are moving themselves completely to Bitcoin Cash because it's more optimized than Bitcoin and by 2018 they want to turn Bitcoin Cash into the main Crypto-Currency. If Bitcoin keeps freezed I think the risk of an event like that happen is high...
You can drop by Github if you have the time and see for yourself. Core developers are working silently day by day to fix and improve whatever they can in the coin. Also, if bitcoin is a finished opus magnum, there's no point in other factions forking it since there are nothing to add on its features, stability and whatnot. Good to know. Well, so there isn't much to worry about the concurrency, they are trying to cause an impression on the market that they are going to become the main power with Bitcoin Cash soon considering their advantages over Bitcoin and considering Bitcoin is a dead currency from the development point of view. Without information it's easy to believe it as they speak too loud. I stay with Bitcoin and as developers are working silently day by day, the expectatives are good to fix what must be fixed to optimize the users experience with Bitcoin. |
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Well, no one answered the question, I would like to know too: Is Bitcoin finished? No more development over it? (No forks)
What are the expectatives?
It's too early to have sure about something now, but news say some big guys and businesses are moving themselves completely to Bitcoin Cash because it's more optimized than Bitcoin and by 2018 they want to turn Bitcoin Cash into the main Crypto-Currency. If Bitcoin keeps freezed I think the risk of an event like that happen is high...
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