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1521  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: July 31, 2017, 02:24:06 PM
I gamble for fun not for having profits.

If I want to earn money I won't do it through gambling because gambling involves risks which I am not interested to take.
I would be better find a job, because gambling usually benefits the house and not the players.


You are correct there mate. Casinos have house edge advantage over its players and you can't easily bet that unless you are a very lucky lad. Therefore, we better save our hard earned money and just play for fun with a little money that we can afford to lose.
1522  Economy / Economics / Re: Bitcoin or gold? on: July 31, 2017, 02:19:56 PM
I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.
But you can not gain big profit if you invested in gold for short term while in bitcoin even short term you can make a good income. Gold and bitcoin is good for long term investment but bitcoin is much risky than gold because in gold you have physical that you can hold while bitcoin is pure digital.

Correct, bitcoin is really a good short term investment where we can potentially get great gains out of the price volatility of bitcoin. We can't just possibly do that with gold unless if we have  a very big capital where even if there is only few price movement, you will income big due to massive investment.
1523  Economy / Gambling discussion / Re: Why is gambling so addicting? on: July 31, 2017, 02:17:39 PM
Cool
This is the easiest way to earn money for free. You do not have to do anything in many games just try your luck either you win or lose out everything. People play it for just making money and not for fun due to which they get addicted to it and if they lose the money they will take debt from friends etc to recover those loses .



You must be dreaming like all addicted gamblers are thinking that gambling will make you rich and the casino will become poor and be so charitable that all poverty in the world will go away. All gambling games are associated with more losses than wins. People keep going to them because they keep losing and wish to win back their losses. However they simply stack up losses and the cycle continues.

Also worthy to mention that the fact casinos are called business (indeed a good business if you have the capital and technology) is because they are basically there giving entertainment and in return earned through the loss of the players there.
1524  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: July 31, 2017, 02:14:58 PM
Dice isn't the easiet way at all but you can try blackjack if you want that is the only gambling game i am in profit till now for dice overtime the chance of winning reduces significantly because if site adapting to a legit way so that the gamblers cant take more profit from the site


Dice is really a game of luck. There are many strategies out there that looks promising at first but when you keep on using it, there will really be a time that you can't just believe your bankroll is going zero out of your trusted strategies. Yes, dice is hard to win in your overall sessions.
1525  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: July 31, 2017, 02:05:27 PM
I think more than 80% of the people who come into the knowledge of crypto universe will definitely prefer Bitcoin over fiat. Bitcoin is unique and have lots of advantages over fiat, so why not.?

I am not sure with your number but based on my experience and the people I know that have bitcoins and other altcoins, they are using it for investment and not as their way of life in exchange of fiat money. The fact is, the majority of our commercial transactions involved fiat money hence, using Bitcoin exclusively over fiat money is I think not a wise decision.
1526  Economy / Trading Discussion / Re: Trading is unpredictable job. on: July 31, 2017, 02:01:44 PM
Trading is unpredictable job specifically here in crypto world the market is very volatile sometimes it goes up really high or very low. So we must be prepared for the risks we are taking. Most importantly we should know and choose the right investment so that we can tolerate the risk otherwise we will loose what we had invested.
Yeah I agree to you when you say trading si unpredictable job and also you are correct that all of the coins are volatile it means the value of the coin are always changes. Trading is a risky job and it requires a lot of knowledge.
That's true, it is not an easy actually. it maybe looks easy but hard to analyze the graph chart in the exchange platform. Because as we all know being traders even its hard but you can be a prosperous or successful person someday.

It is really hard at first. Well, just like in anything where there is skill involved, it takes time to master it and once you get the hang of it, you still need to continually honed that skill in order to execute a winning trades - more winning trades versus losing trades.
1527  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: July 31, 2017, 01:22:14 PM
First, before you gamble you should already know and understand the risk in gambling, now if you accept that you will not gonna complain if you lose because that is normal being a gambler, we have our winning and losing days but at the end of the day we should end up having fun.
The risk is high and there is no easy way of making money in gambling, otherwise casinos are now closing their operation.

The risk is high and the reward is also high, atleast thats what I heard from alot of people but for me I only see the risk not the reward. For me that cant win then the only way for me is to play for fun that is why the smaller the amount, the less risk for me the better because Im not looking for a high reward as well. Some people love to play with high risk but not for me

I am happy that you can see that gambling is not for profit. However, there are others who totally keep believe that they can profit from it. So they end up spending more than they can afford and get themselves in more troubles.

If it's not for profit what is it for then? Maybe you haven't found a way yet to profit from it and so it doesn't mean no one else is profiting from it. The house mostly wins but with the right attitude and discipline you the player will also have your good days.
yes  i am a gambler because i need to profit and all gamble for profit , I think you're wrong about gambling is not for profit and if you are right what is it for ? 


Gambling is for fun and entertainment. Unless otherwise that the game you are into are those that involve skills in order to win - just like poker games where the skillful will most likely emerger as winner at the end of the game.
1528  Economy / Gambling discussion / Re: Gambling addiction. on: July 31, 2017, 01:20:10 PM
one factor of gambling addiction a gambler to addiction  in early on thier gambling life to expect the big win the buzz is winning a big amount of bet money can sometime overwhelming and fact it arrive so early means the player think it is easier to get a big amount.

That is true, they are thinking that gambling could be a living for them, but what they are thinking is very wrong, yeah we could make money on gambling, but only if we are lucky to win always in gambling. The house do exist ehich is preventing us to win, and that is the reason why we are always losing in gambling also. This gambling addiction is a very serious problem since it is like a habit once you became addicted to something.
That's the drawback, if you think that you could always win then probably you are wrong and something is wrong with you. The house is not preventing us to win but it has a higher percentage to win against us meaning they are always the one who would benefit with our bets especially when we lose. That's not a great thing to happen with our money, It's better off paid somewhere better.


Because they have the house edge advantage and aside from that, we should realize that casino is their business and no one with a sane mind who will let players win all of their casino bankrolls that is why casinos are thriving because it is a good business especially if there are many players.
1529  Economy / Economics / Re: Bitcoin or gold? on: July 31, 2017, 12:44:57 PM
I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.

the really wise decision is to buy and invest to both investment vehicles - gold and bitcoin among others. The former is for the long haul while the latter is for short term big gains when you know what you are doing when we talk about trading.
1530  Economy / Gambling discussion / Re: Does experience matter in gambling? on: July 31, 2017, 12:36:35 PM
Sometimes the most experienced ones are the long time olayers and long time meaning they have always been in loss for a long time. They forget the past loses and start progressing to gamble from 0 and because they have that experience they stop at thw eight time and cashout or just stop for thay day
That's a very good decision if they forget their past loses because with that they will be having more fun in gambling.
I believe once we are able to understand that we lose most of the time and we accept that reality there will be no bigger risk in our life as a gambler as I am pretty sure we will be more focus on having fun and if we lose it will not be hard for us to accept.

Aside from the realization that we are most of the time will going to lose versus the online casinos, we also become mature in dealing with gambling. We are doing it just for fun and not for money making because the latter is really risky due to house edge advantage.
1531  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: July 31, 2017, 12:34:26 PM
Because bitcoin is very good in use than fiat and bitcoin is very reliable ,, and there are no constraints.
But I think most of the people are prefer fiat than the bitcoin. Many people are still not yet aware to what is the bitcoin. So theybare not yet familiar and they don know how to use the bitcoin for them to able to transact. Many people are still prefer fiat than bitcoin.
You are absolutely right, majority of the people will prefer to use cash or fiat instead of bitcoin because they are getting used to it and they have already trust the current system. Bitcoin is definitely a new system that was not fully supported by the government and it is more difficult to use than the traditional currency if we are talking about using it as a currency.

The good thing that majority of people are not really into bitcoin yet is that we, a small number versus the entire world population, will have greater opportunities in capitalizing bitcoin - we already see lots of ordinary people like you and me who became rich instantaneously due to fast rise of bitcoin price.
1532  Economy / Gambling discussion / Re: Why is gambling so addicting? on: July 31, 2017, 12:30:54 PM
This is the easiest way to earn money for free. You do not have to do anything in many games just try your luck either you win or lose out everything. People play it for just making money and not for fun due to which they get addicted to it and if they lose the money they will take debt from friends etc to recover those loses .



Really? I hope you were just kidding when you said "gambling is the easiest to earn money for free" because the truth is, it is not. I'm confused, how come that gambling is the easiest way to earn money if most of the people are losing most of the time, how ironic, and how come that it is free if we are using our money in betting, I hope you know what you are saying.

Not to mentioned that his message is quite conflicting due to the fact that he says it is easy to earn money for free and followed by lose out everything with another words of debt. I am not sure also what he really meant though Smiley
1533  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: July 30, 2017, 12:52:05 PM
I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.

So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
To avoid more losing, the smart way you can do is to stop. Gambling is not profitable, it will bring our life to nothing. If you involved in gambling  the smart way you can do is to control yourself to become addicted, used this as entertainment and don't spend too much time instead find new hobbies that will alternate to gambling. First, you need to think what will the possible result of gambling in our life to avoid blaming yourself in the end.
big check.there is no smart way to play gambling even if gou are genius .you cannot be sure on what would really happen in gambling.you cant predict it.that is why gambling is not profitable.dont be  addited on it .
Our fate depends on how we handle ourselves when we are gambling, also it depends on our goal because every goal has different steps or method to achieve it. If we are only looking for entertainment then it's better because it is already assume that we can play this expensive kind of entertainment and we should remain to be fun oriented and will not change it to profit oriented.

The moment we treat gambling as our source of income and is aiming for high profit is the same moment we are tossing ourselves to a life of stress and disappoint. The fact that there are a house advantage signals that the casino will always likely win against us. However, it is true that if we just play for fun, then everything is cool and no hurt feelings when we lose a session.
1534  Economy / Trading Discussion / Re: Trading is unpredictable job. on: July 28, 2017, 07:17:34 AM
I think the thing is people don't treat trading like a job.  They don't put in 6-8 hours a day researching and learning.  Trying out new things.  They just want to do it along with their job and this is what makes it hard for a lot of people in my opinion.  If people looked at it like a job then it'd help a lot more people get into it easier.

There are people that are treating trading as a job. The nature of this career is uncertain, there will be days/weeks/months that you will be earning good with your trades but there will be the same times that there will be no progress or zero profit at all. But if your passion is to trade, you will stay and others are working here just for part time.

It takes passion and dedication in order to be a good trader. Of course, this is apart from all the necessary skills you need to learn and master. It is a wild out there and if you are coming over without any knowledge and skills at all, it is like entering in the battle field without any training and right equipment.
1535  Bitcoin / Bitcoin Discussion / Re: bitcoin cannot replace currency in the world because price is not stable on: July 28, 2017, 07:06:53 AM
bitcoin cannot replace currency in the world because price is not stable.

currency should be more stable.

you may reply me. currency is not stable also but you should think  

USD currency price is up and down 1-2% in 1 month.

bitcoin price is up and down 20% in 1 month.

what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?

bitcoin can become stock but cannot become currency
It is very well explained. However, As long as you are using bitcoin for buying stuffs or other it is called currency just like game credits no matter what it is but as long as you are spending it, it is called currency so in terms of stability that is normal because the bitcoin have a limited supply.

Currency - from the word current, it will keep on moving like a current and there is really nothing we can do about it except to capitalize on its price movement and trade - buy low and sell high.
1536  Economy / Gambling discussion / Re: Why is gambling so addicting? on: July 28, 2017, 07:04:52 AM
Gambling is one of the most popular recreational activities to be enjoyed. One factor for the gamblers to be addictive is the experience of early big win. Winning a large amount can be sometimes overwhelming and the fact it arrives early means that the player think it is easier to land such thing.

One of the best thing to have fun nowadays. I dont need to change my shirt or even get out of my room because I can do it just like that. I can open my computer and access my favourite site without leaving my room. I can also get some money from it that is why gambling is a very addicting and entertaining things for me
there's always a good and bad things , when you gamble online you might have a flexible way to get entertained and earned money through of it . but you wouldn't have a good time to hangout together with your friends , talking bullshit but funny with people around have a lot of experience during that time. however what makes gambling addictive actually not about what you have said above i guess , but more to how your mindset think that gambling are the easiest way to make money. it's completely wrong!

Gambling can be the easiest way to make money but there is a caveat: it is also the easiest way to lose all your hard earned money. So gamble with caution and only play just for fun and not for profit because you do the latter, you will only be disappointed and stressed out.
yeah there's a high risk when you found an easy way in gambling , no wonder. people know already about that i guess. just the matter how you can deal with it , take it easy or get panic whenever you have crossed the line. an addict usually gamble with their emotion instead use their head, their brain to make a decision. that's what makes them always get addicted.

When people are really into that moment where they so engage emotionally during their gambling session, it most of the time ends up in loss and disappointment.
1537  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 28, 2017, 07:01:25 AM
I think people keep coming back to gamble is the money. If someone wins a huge amount of money I don't think he will keep gambling at least that what I think so. People who can't control themselves keep getting back trying to regain their money losses which leads the to even bigger losses and that's the danger of gambling.

yes i strongly agree on you.i once experience it to make loss to win and to draw.the feeling of excitement the feeling loss etc.this could be the  factors that can keep you coming back in gambling.
The most reasons why we keep coming back in gambling is to earn money. We experience of losing and we feel to have to earn atleast little of profit. Thats true for those who cant control cant rid of gambling that somehow being addicted already.

chasing previous loses is one of the reasons why people keep coming back hoping that they will be able to win back their previous losses but only to face the harsh truth and reality that they are going to lose more and more as they are playing - unless they are so lucky!
1538  Economy / Gambling discussion / Re: How to quit Gambling for good? on: July 28, 2017, 06:57:36 AM
Video games seem addictive, similar to gambling. Taking up a new addiction like video games, which costs less than gambling, could be a good approach. I can't say I've crossed that bridge yet. The world is an intriguing place, there are many interesting and entertaining things in it. For those who wish to quit gambling there must be something worthwhile and exciting out there somewhere.

Right, the world has many beautiful things that can offer. If you have some extra funds, better take a week to a month leave and travel to far place where you have not been yet and don't think of gambling just enjoy the place and what it can offer and you'll (hopefully) realize that there is much things you can do other than gambling.
1539  Economy / Gambling / Re: Investing in btc casinos on: July 27, 2017, 02:48:21 AM
I love to invest in casinos and gambling with bitcoins.
Just check your luck and get rich quick
yeah, but in this case if you "try your luck" it's gambling and not investing. Gambling can be VERY profitable....but if you win  Grin  But in long term gambling is not profitable (house edges etc...)

Somehow you can win like a lot without even know it because you never know when your luck comes. But what I do know if you investing on some trustworthy site you will really earn something there. Let me ask you, do you ever see that house losing their game? In the end they will always profitable because this is just some business where they make some profit

I think there are 2 things that you need to watch when it comes to investing to online casinos that accept 3rd party investors, and these 2 are the following:

1. You need to keep investing regularly to minimize the risk like if someone gets very lucky and win big time. If this happeneds, you can compensate the loss by investing regularly; and
2. You need to make it sure that the casino you are investing with is a very profitable one. You need to also keep updated of their news because they might announce some halting of accepting investment.
1540  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: July 27, 2017, 02:40:09 AM
Well we could see that gambling has really no assurance and there is no guarantee that it could give you big gains everyday, it only depend on your luck, or we can really say its only pure luck, but I am not sure about they said about investment in gambling sites.

That is right. I don't think that gambling can be for long term profit. It is about winning and losing on the game. There is no assurance that you can gain big amount of money on this unless you are lucky enough and your lost is little than on much you win. There is no sure when you are going to stop because your eagerness to earn high might affect your decision. Limiting the amount of money to invest in gambling might help you.
Surely. That's why I'm very much confident gambling can be profitable in the long term with depends on many scenarios. As long as your luck continue and make decisions with confidence may help you to gain success.
What's important is that you stick into your decisions, that's what I had to learn in the early stages of my life and even now, I'm starting to adjust still with the decisions I make and to gamble, I've made a decision to never gamble unless I have extra money to spare because it's too much, the money would be in better places rather than to gamble it. There's no assurance that you would win.

It takes a lot of courage and discipline to follow our decision because from time to time we get affected by our emotions. Emotions is very powerful to combat especially when you just see someone winning so big and you want to emulate it yourself.
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