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8781  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: October 13, 2016, 03:35:25 AM
Gambling is just a form of entertainment. People pay money to go and enjoy the facility there. It is the thrill and excitement that gets the people hook. However, it is those people who lose control that give gambling a bad name.
That's how it should be, when you are thinking of having fun gambling is always the easy access, we might lose and win as that's only the possible outcome of your bets but whatever happen you need to accept the reality, we will be happy if we win but in times of defeat we need to accept the reality.

Thats  how  we should treat  gambling  and its  possible  outcomes  when we  intend to play with it. You are  right there are  only 2 options either  win or  lose but  if you really dont care  about the outcomes  of  each bet  then  its a really  good thing  because  you are not aiming for  profits  but  a  pure  entertainment.
8782  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: October 13, 2016, 03:30:42 AM
first things first,gambling itself is not a smart move,most or all gambling is luck based,in sports betting there is fifty percent chance that you win the bet if you carefully follow the sport,dice and roulette is sheer luck,there is no specific way and if someone knows the trick he will keep it for himself. Smiley
yeah , but in gambling your knowledge and trick will not work if you crossed your house edge profit in the gambling site . here it is important to mention and to know that every site has its house edge profit limit . if we get that profit then we should cashout our gambling btc .


True, and most of us are havig a hard to do that one because we are feeling the hype instead and gets more greedy so in the end we end up losing the  profits from the house instead

Most of gamblers  do  have these problems  when they are already experiencing winning streaks  or even   to hit jackpots they would  still keep on playing   instead of stopping  because as you said greediness would  push  or  pursue  you to bet even more  and aiming for more  profits but casinos are not charity that always  give  money thats why gamblers  losses on the long run. Theres no smart way on playing gambling.

Agree You will loose in the long run. It is not really advicesable if you play in the long run, dont play with greediness to earn more though you have earn a decent profit from it but you want more so that is the time yyou loose all of your profits. If you are in winning streak and earn a decent then its time to stop Cheesy

Yes you lose a lot of money on the long run, its not for a reason called gambling right ?
I think that gambling should be done for the fun and not for the profit at all, there is no way to really play gambling safe and smart..
If you keep on talking about the winnings and losing in gambling then that means you are up to the profit or the reward of winning the game, always remember that gambling is just a form of entertainment because the moment you gamble for money you will lose due to the edge was not on you.

We really should  treat gambling  as  a form  of   entertainment not  a money  milking  machine because it wont happen  anytime soon inface it would really suck up all of your  money  on long runs. Smart way on playing  gambling  is when you know  when to stop especially when you are lossing  up to much or  you are gaining enough profits for the day.
8783  Alternate cryptocurrencies / Altcoin Discussion / Re: Do u think ICO is Good or Bad on: October 12, 2016, 05:40:20 AM
ICO's are good to reap good profits and people are not looking for long term profits,there are many pump and dump coins and experienced users are reaping the profit while the noobs get to carry the dump coins Smiley

I fully agree with you and I think that the ICO is good or us all and I think its also good because it has some good plans for the future too.
These are not just pump and dump altcoins.,..

Well there are really coins  dont  just  pump and dump  there are  still good  coins  to consider but  most  of  them are behaving this way which they pump hard and then dump hard after thats  why other  traders  on  buyers do suffer  lose with this  kind of  moves. ICO's  are good  to make decent profits  as long  you are alert enough  to sell when it launches to exchangers.
8784  Economy / Economics / Re: How to earn money with bitcoin ? on: October 12, 2016, 05:22:59 AM


But it is better if you are not just going to depend with signature campaigns. Because as you get bitcoins with your campaign it is better if you are going to invest that with trading. And that is going to give you good profit out of your investment and make sure that you are going to learn first how trading works.

agree with your opinion , for me bicointalk signature campaign is not my main focus, because i have other way to earning.
i get some bits everyday from ethereum mining with my gpu.

Yeah that is how it should. We cant focus on just one thing although we are earning some inside it. There is way too much to grow and some people dont see that because they are secured with what they gain.

Agree ,there are really people  who are  just contented  if they are earning already  on signature campaigns  and dont  mind  to look for  other  things which they could able to gain bitcoin.  Yeah, we shouldnt  fully rely on this campaigns  because they are just temporary its better to find  some ways  incase if  one source of income would  be lost  .
8785  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: October 12, 2016, 05:19:50 AM
You need to reasearch about the coin you wanna invest.. some coins are pure... shit and some other have the potencial to be something special.. but this is no reason to be fool when you are investing your money you still can lose because the people maybe don't see the same potencial.

Indeed you need to think about the future it has if it has one of course and if the market can be profitable.
So long this is the fact it is worth investing in altcoins if you are asking me.
With a lot of altcoins in the market you cannot just blindly pick what to invest, you need to study them all and also consider the volume, the greater the volume the better as that would prove that people are trusting on their money with such project.

Right, investing  on altcoin  on your money would  not be easy because you would really need a good research to a certain coin when you intend to  buy it because  there are  lots of coins  which are really a waste of  money or shall we say dead coins  out there in the market. Be sure  to choose on  the potential ones.
8786  Other / Off-topic / Re: If i give you 10 BTC what will you do? on: October 12, 2016, 05:10:36 AM
Wow, 10 btc for free and that also without doing anything? I will surely sell 5 btc instantly and convert it to fiat and buy a bike with that money and will take my girlfriend on a ride.

Nice plan pal and we would   surely convert it  to  fiat  since its  free anyway but  there are really people would tend to  keep it and put  up  to some  investments to make it grow  more. 10 btc would be decent enough  to make  investments and  also we could  buy our wants but  its wise to made such decision on long terms.
8787  Other / Off-topic / Re: How much do you earn per day on: October 12, 2016, 05:07:56 AM
Currently I am jobless and have very few amount of satoshis from here now doing searching some online work for some better income hope I will have in near future and then can earn over 0.01 per day which could be very good for me right now
0.01 is equal to 6$ and if somebody could earn that much it would be just perfect for him. but for earning that much you need to do hard work and get some good skills.
I think it is very simple dream I hope you can get it. but I will tell you this. if you live in Europe you will find many people who earn at least 5 digits each month. Do not you want it, so work hard at any your job included in bitcoin


That is for European, but for Asians, it is hard to earn 5 digits per month unless you are on the top of the company. And it is hard to get to the top. But of course, nothing is impossible if you do hard work.
Yup its hard to find good job with good salary especially in Asian countries, I am post graduate but still not finding good job that can give me good living and comparatively I am earning higher in bitcoins.

wow, really? do mind me asking what did you study?
there is a same thing going on in my country also, with the finding a decent job that is. but there are still jobs that we can do to make a decent living.

There are really countries which  do have  these  kind  of  situation where the  employment  rate   is less and also  the average  salary are less thats why some  people would tend to  do full time in bitcoin hence they could able to earn decent amounts compared on  applying  to a certain  job with a less  salary.
8788  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [PSB] pesobit speculation on: October 12, 2016, 05:06:01 AM
PSB price is fluctuated now as Bitcoin price is going up, many traders sold on 7k or 10k sat then bought at 4k, it is good profit in three days, but as long Bitcoin price is increasing Pesobit might remain below the expected price, and we must consider that it is tradable on two exchanges now.

Just as  expected  when a newly coin launch on exchangers  because bounty hunters  are  dumping their  coins  fast  for profits. When psb launch on ccex it reaches 20k sats each and  suddenly dump its price because  holders  do sell all their  psb, as  of  now  it playing  between the price of  3-4k sats but i believe that this  coin have the potential to rise  up again.
8789  Economy / Economics / Re: Is it better to save money or invest it? on: October 11, 2016, 06:32:27 AM
If you have find a good investment, it's better to invest your money into it. It will give profits and your money will increase. If you pick save your money, your idle money will not increase.

Yup, if you find a good and refutable one..So far this days its hard to find an investment that will not run or will continue for years...The only investment I know that will give you a sure profit is when in the office there is a cooperative, you can invest your money there and you'll get a good ROI...Saving your money I think is good but it is better to invest it and earn more...  Smiley

Finding  potential  investments  that would  run  long time  is  difficult  same as you said  because  we  should  be   fully aware and  do more research regarding   on informations  on a  certain investment when you intend  to put  your money on. Cooperative was a good idea though because you could possibly get a good roi and it depends  on how you gonna handle and manage it. Saving is good for  long terms  and emergencies.
8790  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: October 11, 2016, 06:26:02 AM
I used to think that looking for bitcoin with full time, very good to increase income, but I prefer my work rather than looking for bitcoin. I just think that looking for bitcoin been interspersed only. I am too busy with my work. so, look for bitcoin only at rest is the best thing I did

We would  really prioritize  our day works  rather  than  on bitcoin because we are relying  here most of the time on the salary of our works. As you said  we  could  seldom  go on bitcoin but still its  still good to treat it as a sidejob to make extra earnings  and  would  add  up  on your salary  and  could able to save  money for future.
8791  Economy / Speculation / Re: Did I do wrong or right ? on: October 11, 2016, 06:22:01 AM
You didn't do wrong. You've spent your coin in a way that you really want it and your coins not just went wasted but it goes on everything that you've spent with it like what you've said. You've sold your coins for 200 USD to have an high end PC, you know what I mean? The bitcoins that you've just sold is the PC that you're going to have or you already have, you can see it everyday and every time that you will use it, so you did not do anything wrong. You've just achieve one of your dreams with bitcoins. Smiley

The only thing that can make his action wrong is when he have regrets doing it. But if he is satisfied with what he have, even if the price went really high, and he have no regrets, then what he did is good for him. At least for himself it is the right thing to do.

It really depends on the  mindset  of  the  OP if  he  is contented to the actions  he have made then he wouldnt  regret at all as  long  he bought   his bitcoin for good even though  the  price rose  up after that, the thing  would  really make  you regret that you didnt even wait  a little  longer  which you could able to  buy that thing  on more pieces.
8792  Economy / Trading Discussion / Re: HOW MUCH YOU EARN/LOSE FROM TRADING on: October 11, 2016, 06:06:25 AM
I make a lot of mistakes while trading BUT I think in total I have made atleast over a bitcoin from trading.
Ofcourse it's not that much for the time I have been trading but trading is very difficult and I am still in the "learning phase"

Trading is not so easy job and everyone can not make a profit in trading. Many experts lost a lot of money in trading. How one can make more money in trading similarly if you make a mistake you can lose a lot of money within no time. So if you don't have good knowledge then better don't go for trading.

Correct, trading is  not easy as it sounds and  you would really enough knowledge in able to be profitable with these kind of  field. You are correct  lossing trades  really cant be  avoided  even those experienced  traders do suffer from this  but still they  could able to manage it , the hardest thing here  in trading is  the unpredictable  moving price of a certain coin/ currency.
8793  Economy / Gambling discussion / Re: 8 out of 10 chance of winning in gambling... on: October 11, 2016, 05:40:45 AM
Hi guys I just want to share you my method in gamblinv which I use it in satoshimine and dice site. This method is not a 100% winning chance but it is a high percentage of winning than losing. Just open up your initial fund as like as 0.001 btc or 0.002 btc. Then setup your goal profit to  0.005btc-0.01 btc. Bet as your instinct. Double or triple your bet if necessary to be able to reach easily your goal profit. Qiit the game if you win and play again tomorrow.

Well its  jsut a  normal thingfor  me  on this  kind of  way when i do gamble. Im always starting  up with only a small  amount and setting  up a profit amount stop when i reach it  if  im  lucky enough. As you said double or  triple the  bet would  be like  the same as   martingale. Betting  with  you  instincts are just  normal  since  doing gambling is  just   a guessing  game after all.
8794  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 11, 2016, 05:28:58 AM
Gambling is all a trick.  People think that because they can make money quick and that because they have a strategy, they will be able to beat the dds and that is just not true.  To many people I know have wasted so much in gambling and have nothing to show for their mistakes. 
If you can trick on gambling the result maybe lose again no one gan bet gambling websites and off course they are making money for every people who are playing with it if you want really quick money then rob a bank there always a quick money there in gambling there are no smart strategy and you always get lose.

Making profits  and aiming for  stable  income on gambling is  not possible as you said  we cant trick  the gambling  house  itself  in fact   they are tricking  us to make  money and thats the essence  of  gambling site at all since it was  an investments  of  the owners  and  no owner would  intend to give free money.  Strategies are not  possible  on this  kind  of  field.
8795  Alternate cryptocurrencies / Altcoin Discussion / Re: Lack of knowledge on: October 11, 2016, 05:24:41 AM
Can anyone tell me what is dead coin what are the effects of dead coins and also please describe a little about pump and dump?
Thanks in advance

In my own opinion, dead coin are those  altcoin or  cryptos  which are  dont have  any value or shall we say  dump hard  to 1 sat and never intend to  pump anymore because  no one  is already  supporting that coin and because  of that  you would  definitely lose  up money if you  intend to  buy a dead  coin thats why we should be careful on doing  these kind  of  things.   Pump and  dump are  just simply describes  on  increasing  prices and  decreasing prices afterall.
8796  Economy / Trading Discussion / Re: How do you trade with crypto currency? on: October 11, 2016, 05:18:13 AM
Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,



80% is enough because nobody can be 100% for sure if an crypto currency worth or not investing. I sometimes just check if the price is changing often and I risk to buy and sell some coins but with lower amount because I don't want to risk for example 1BTC in a coin I have not much researched.
I agree 80% is enough for making profit from bitcoins, because usualy i can make profit from trading is just 5% of capital as constantly every month. But it is enough because my bitcoins will growing up although slowly.
Someone is wanna make an over 100% of their profit and that is so greedy person in my mind, in trading I do not need a big profit I just nit a stable profit or income. that's already enough for me.  impossible for make more than 100% of the profit from the total capital ni this time.

100% would be  possible  on trading   cryptos and you would really need  much research  of information  on a certain  coin  and also  you must need luck to a particular best  moment to  buy or to sell which could make  gain of  profits 100% would be  achievable though  but as you said we should  be contented  on what would  be  the results  of our each trade as  long  its a succesful one.
8797  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What will be the price for 1 ICN? on: October 11, 2016, 05:15:40 AM
the price went to $0.5 but now stay back to 0.3, hope it can reach $1 soon :0

$1 price will make so many investors proud owner a new Ferrari, tomorrow shall tell


A Ferrari costs about $250,000. For investors to make that much would be an investment of around $30,000 with ICN price at $1. Most people didn't invest anywhere near that much.

No one would intend  to  invest  huge amounts  of money on a particular  ICO , just like what youve said  most people  would  impossible to do  such thing. I belive  the price of each ICN would be  less or more than $1 when  launches  but as  of now we are  just keep speculating on the  price. Lets wait and we will find  out,
8798  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [PSB] pesobit speculation on: October 11, 2016, 05:05:01 AM
it has come down a bit (lost around half of its peak value). if supports continue, i think it will remain here. they have a roadmap on their website and looks like they are adhering to it. lets see what happens. your predictions have already come through

Its just  normal scenario which a new coins would  come out they would hard  pump on  the  beginning and  then  hard dump because  people would  intend to  sell it  for securing profits same as  others said here about this  thing. If this coins  would accumulate  support in any terms then for sure  this  would sustain for  long.
8799  Economy / Service Discussion / Re: Is investing in mining still worth it? on: October 09, 2016, 07:51:16 AM
Hashnest is  a cloud mining  which i suppose  its not  ideal to invest these  kind  of  sites  or cloudminings  , achieving roi would be  so long. Its better to invest  on  your own mining  farm  itself  if you have  the money to invest but be sure  you have a cheap electricity to be profitable.
Cloud mining in general, whether legit or not legit, is not worth it with the difficulty that is constantly going higher and higher.

Even investing in your own mining farm isn't really achievable for the average person here.

In order to make some decent income from mining you should invest like $10,000-$20,000 into gear, and that is still the minimum.

In order to keep making profits you have to keep adding/investing in new hardware to not fall behind.


Mining with the bitcoin as a example is not profitable anymore.
Let me your example dude for supporting your statement if mining bitcoin is not profitable, I are need your explanation, and so give me a reliable data about it. cause too many bitcoin miners is not retire from their job.

Bitcoin  mining would   not be  profitable   if you are just  mining for  few miners only and  especially when you are  using  old aged miners and you have  expensive  electricity then you would  not be profitable at all but if you have the right  amount to invest and you have cheap electricity then it would  be profitable  to mine . Others said   mining bitcoin is  not  profitable  anymore as of today  they are somehow wrong and right, the  main thing  here is  depending  on many factors.


yes its not profitable nowadays since blocks are very difficult to find on these days and surely it will harder to find in this coming future, so overall ratings for mining on my side its totally wreck and those business is on shaddy situation and not worth it to invest with so i don't think it will be profitable again for this time, and surely those sites who offer cloudmining is scam and not worth it really to spend even a single cents in our beloved pockets.

You are right, as  the years  goes  by and the  halving event increases  the  difficulty to  mine and  blocks are much more harder to find thats why mining  arent  profitable as  of today unless you are running  lots of  it and  cheap electricity  but  if you  have expensive electricity then dont  mind to  mine after all. Cloudmining  sites are  just total scams.

I dont trust  anymore on cloudmining because  ive been scammed  recently on this  kind  of websites that  why  i would not recommend  cloudmining and also to build oyu  own  mining  farm  would be somehow expensive  because  you would  need  the latest  asic rigs miners  in able to be  profitable and  as  others said   electricity should be considered also because this is  an expense would  be deducted  on  your profits so  that you could able  to calculate your  net income.

Investing i cloud mining of any type of easy cash investments are things i try to avoid. It makes no sense to me. Because i lost quite some money now and that's why I prefer to stay away from them. And yes i can advice everybody to do the same.

As i said  earlier  cloudmining are  just total scam because they are just accumulating  money from their  investors  and  one day they would  surely ran off all of   the  money from their  members thats  why most  newbies  would fall always for this and  im not an exception on  that  since  i was a newbie way back then.
8800  Economy / Service Discussion / Re: Webcam sex for bitcoins on: October 09, 2016, 06:18:30 AM
I won't waste my bitcoins just to have webcam sex. I can just google some websites that are offering this type of service for free. And I can remember of one signature campaign that is offering this type of service. If I'm not mistake that is xotica.tv and you can try to message VIKA NSFW if you want to avail her services.

Same here, i wont waste  my bitcoin  just to engage with this  webcam sex its a crazy thing to do to waste your money  which you could able to see this for  free here in  the  internet world. Better to save your bitcoin for future  use than to waste it  with these  kind of websites. I do also saw that sig campaign about xotica.tv. lol
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