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681  Economy / Gambling discussion / Re: What keeps you coming back??? on: December 04, 2017, 11:14:42 PM
I'm afraid that it will end up busting most of your bitcoin if your attitude towards gambling is like that, Switch off your computer, pull the plug in your router and go out. That's all you need to do.

This is probably the most crazy thing that I read today, why would you even do this when all you need is to really quit without looking back. Dont even try to open up any gambling site. If you really want to do this then you can do this but if they is a slight bit conflict of interest to gamble again then you will keep on coming back for sure

I praise your conviction and focus. Nonetheless, we must recognize that it is always easier said than done. Hence, we should not base our judgement on our personal experiences since other people have their own fair share of experiences which led them to who they are today. Going back to our main discussion, I think people keep coming back on the hopes of winning big this time around. They think 'maybe' this time is their lucky time. Hence, they gamble. Others get lucky; others fail miserably. We have our own reasons but there may be times they get addicted to it.
You are right about the giving up on gambling. It is easy to say but very difficult to do. Still, that does not mean it is impossible. A man can do anything that he can imagine or really wants to. I don't consider quitting gambling a very difficult task.

Also, everyone has his own reason of coming back. Some people think of gambling as an entertainment while others look at it as in an income source.
it will not be applicable for us to earn in gambling regularly, i mean making it as our source of income is quite impossible,we should not rely our living in gambling since it depends only our luck, better play with control and know what's the status of your living.
Gambling can never ever become the way of income because it is totally a luck dependent game and if you are so fortunate sometimes, then it would prove valuable but if the case is opposite then it will definitely make your life harsh living. However, one can play gambling for fun or just to check his luck but depending on it is like a new joke in market. Income is a sign of stability however gambling cannot make someone stable because there are risks hidden in it.

There are gambling games though that are not based on pure luck - this is the type of game that you could potentially be one of your main source of income - when you just know what you are doing well.

Yeah that is true, but even if it is not based on pure luck it still relies heavily on luck. For example, in poker you can indeed predict or determine what are the chances of your hand winning even before the dealer draws cards. From that very situation, you can never deny that luck is still plays a huge role in gambling. That is why you can never say that gambling could be some sort of source of income.

What I meant is that, when the gambling game can be attributed to having skill set for the game in order to win, it can be a good source of income versus games that are just based on pure luck.
682  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: December 04, 2017, 11:10:46 PM
Illegal doings are everywhere. If there's an opportunity there's a way. We can't stop criminality all we gonna do is the opposite way. Make things happen in a good way. Have an investment and use the money from it to your family and grow yourselves from it.
I believed that it's a nature of human being that if they have a chance to grow in a community in terms of money they will do everthing to have it even if the way of earning it is bad and illegal.

Criminals will use anything that they want as a form of payment - either bitcoin, fiat cash, properties, artworks, and the like. It is really not our concern how they are going to use bitcoin for themselves though because that is really the original concept - to be free from any regulations.
683  Bitcoin / Bitcoin Discussion / Re: "Everyone already knows about bitcoin" no.. no they do not.. on: December 04, 2017, 11:07:40 PM
Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.  
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...

Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..

I dunno just something I have taken note of.  

Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.
Its like stumbling upon a precious stone but these people are too unmindful enough to even bother to know what they have stumbled upon. Talks about bitcoin is spreading like bush fire but still a lot of people are lazy to know what bitcoin would offer them. Well its their loss and not ours.

Correct. Bitcoin is really the next big thing in financial online transactions, period. It is also ideal for investing like just a pure and simple buy and hold investing. Although not as powerful with trading cyrpto, savings is good enough for any conservative traders.
684  Economy / Trading Discussion / Re: Trading is unpredictable job. on: December 04, 2017, 11:05:41 PM
This is a sure thing. Almost all trading activities are risky and trading in crypto is no exception. Come to the crypto market you should be prepared for good psychology because the crypto market is still small and is dominated by many factors of the market.

I agree with you that there are many factors in order to win in cryptocurrency trading. One of it is the pump and dump - you can hardly see anything irregular in stocks where it is regulated by the government but not with cryptocurrencies - it is like free for all and do whatever you want due to non regulated by the government.
685  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: December 04, 2017, 11:03:45 PM
I know bitcoin has great potentials and I also know that there are some bad user of bitcoin like any other currency. But my point is, those bad users are a lot in number. I have seen thousands of posts and comments regarding uses of bitcoin in  porn and gambling. You can find it in this forum with minimum effort too. And as bitcoin is not globally adopted, those users really play great impact on impression of btc, I guess majority of usage people get from bitcoin is only as an investment and for trading. then the second place is for payment and third with close rank is gambling. the rest are a relatively small in percentage.

bitcoin is really best for investment and not on buying little stuff due to its corresponding transaction fees. Better only use it if you are buying for a bulk amount of things that you like having and the merchant of that are accepting bitcoins.
686  Bitcoin / Bitcoin Discussion / Re: Another wall street idiot, this time, Jordan Belfort calls bitcoin a fraud. on: December 04, 2017, 11:00:44 PM
Most likely he did not buy bitcoin in time and now he regrets

If that is the case, yes. This guy is a good investor and a good trading investor and a very skilled trader, they have these skill sets to be able to determine and sometimes "may" manipulate things our so that they can get in in the ideal price position for them.
687  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: December 04, 2017, 10:57:27 PM
Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
for me personally low or high price is not the most important problem how we and our strategy in investing even in bitcoin many people who have gained much advantage in accessing bitcoin

That is correct and I could not agree more with you mate. Bitcoin transaction fees are nothing compared t your potential earnings if you d your homework well and you have formulated a solid trading strategy.
688  Economy / Economics / Re: Bitcoin or gold? on: December 04, 2017, 10:55:52 PM
I would rather pick Bitcoin, its volatile and erratic in nature, i can just sell it when the value pumps way up and buy again when it dumps down, its easy profit, and i can cash-in and cash-out any time i want and i need, compared to gold that i need to go to certain place just to sell it, i really think bitcoin is better, and hustle free.

If you think trading is "easy profit" in crypto you are either in the top 1% or you just got lucky a couple of times and are going to lose everything. There is no way you can say it is "easy money" or whatever you are implying, because it isn't.

It is really hard because it needs a good amount of mental and emotional toughness in order to trade successfully in the cryptocurrency world. There are many things to learn and every single trade you do, you have to mindset that you just either win or lose.
689  Economy / Trading Discussion / Re: How do you manage ur emotions? on: December 04, 2017, 10:53:36 PM
Thanks gus forthe suport to obtain the before-sale started!y p

What do you mean? Is this a joke?.. I advise you that you should not post random comments with no sense at all about the thread here. You should only post good comments because it will really help you in the future especially when you decide to join to signature campaign.
690  Economy / Trading Discussion / Re: When do YOU sell? on: December 04, 2017, 10:51:17 PM
when i reach to my aim precentages i decide to sell , i try not to get greedy , some times it is hard though!
but risk management and investment management are 2 absulute, forget the emotion and dont get greedy!

If you have set your goal and stricly follows it, you are getting rid of the emotion side of trading - which is good and beneficial to your health because you let emotions sink in to your trading, it is really stressful and can give you many sleepless nights.
691  Economy / Gambling discussion / Re: Gambling addiction. on: December 04, 2017, 10:49:38 PM
Why is someone get addicted to gambling once he gamble ?
Many people become addicted to gambling because gambling gives fun and easy money. 

Well gambling more.often than not takes your money away. People should understand that even before they start making bets. Addiction comes in when you don't care anymore even if you know you're likely to lose. All that addicted people care about is playing
Yes, addicted people will have a lot of problems with themselves and sometimes with their families, they don't care if they lose a lot of money; they care only about playing, so it's not weird for them if they bet with his car or some metal after he lose all his money. They should be stopped.

That is really the bad side of gambling addiction, you may also ruin your relationship with your loved ones and especially your immediate family. But this is not really just limited to gambling, substance, alcohol, and other forms of addiction also may harm your family relations.
692  Economy / Trading Discussion / Re: how to start trading with a very small amount on: December 04, 2017, 10:42:47 PM
I suggest that you start with simple stock market and trade there , it is like jungle crypto market and some days you can see 100% up or down of a coin , it is risky and not regulated , there are no rules in it and big whales would eat u up if u dont have any experience in trading markets
just be careful
Starting trading from a small amount is not a difficult job, because there is no such  restriction for any limit to start a business, but i think that starting trading with small amount is risky and you have chances to lose all your money in a single day. Therefore it will be good if you start trading with a good amount of money.

In the other hand, it would also be too risky to trade big amount of money for a newbie trader who have no idea what to do like pre-planned trading strategies and dividing bankroll and positioning to price points which mitigate greater risks.
693  Economy / Gambling discussion / Re: Does experience matter in gambling? on: December 04, 2017, 10:41:09 PM
as I know experience is important in some gambling games such as poker, but how about the other games like dice game or roulette, do you gain any advantage from your experience, can you used your experience to win the game? or maybe because of your experience you know whether to bet low or high in dice game

So Does Experience matter to you?

Yeah!experience is also matter in gambling,on how to win a game.when we differentiate  by the way of  ratio scaling  the beginner and gambler experience we grade it to 1:10  because mostly 80% of experience gambler know how to win the game unlike the beginner he is  only the way in process of learning,but there's a thought said learning is the best experience, so in order to  gain  more winning in gambling its much better you most know how to win the game and how to works it.

If the game is based on pure luck, the experience doesn't really matter and is just limited to how to play the game and how to mitigate losses by having or creating several sessions. However, if the game require some sort of skills like that of poker games and sportsbetting, then experienced indeed plays a vital role.
694  Bitcoin / Bitcoin Discussion / Re: How Can We Make Sure Bitcoin Never Ends? on: December 04, 2017, 10:34:36 PM
Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?



For me it will never end because there are so many popular people who are also using this. I think that they will not let anyone to destroy it or if the day come that bitcoin will be end they will find a way to survive it. And the other reason is that the price of it are persist to increase so there's no way that the price of it will be back in zero and it will end.

Because of the very tempting price of bitcoin, people are coming in and want to get some bitcoins in any way. In that case, the price of bitcoin will going to go high and stable going at it.
695  Economy / Gambling discussion / Re: To Gamble or To Invest? on: December 04, 2017, 10:28:19 PM
Investing is always smart thing to do, because you have better chance to make profit in long term. But in Gambling 99% chance, you will lose it.
exactly investing is also more profitable because many people are gambling daily and losing lot of funds which generates a huge amount of profit for us rather than gambling which depends on our luck and you can lose more
no question about that, its just an honest opinion that investment inside trading is more profitable than gambling all you have to do is to understand the flow and find the edge and advancement in order for you to gain a lot with your investment.
that is right in trading you can actually predict whats going ti happen in future and you get a idea weather you should hold or sell but in gambling you are simply trying to satisfy yourself and hoping that next time you won't repeat the same moves and get a profit
No both trading and gambling is so speculative , you guess something and wager something on it.
Just the matter of what factor and how the proccess making that prediction? Trading/investment much more reliable here.
So people run to invest rather than gambling , no doubt it is the most reasonable and makes sense decision.
gambling cant be speculative only sports betting is speculative to some extent otherwise its not possible
because all gambling activities are basd on luck trading is also some sort of risk taking but it works most
of the time

Poker game is not based on pure luck and when you have more skills of the game, you are more likely is going to win over other who are just playing without some sort of poker game skills.
696  Bitcoin / Bitcoin Discussion / Re: Worried about btc future on: December 04, 2017, 10:22:38 PM
Since everything is uncertain, people may think that bitcoin may be a risk they are entering into--but they are wrong, in fact bitcoin is a great investment to those who want to grow their money bigger and bigger as time goes by. People tend to use it as a tool for success. One should not be worried regarding the capability of bitcoin to emerge as days go by. It will flourish and you should not be threatened of the news you read or hear from the internet. Bitcoin is a sure win investment.

Bitcoin is really worth the risks.. It just saddened me that there are lots of new investors and even old ones who tend to sell immediately when its price goes a little down due to some bad news against bitcoin.
697  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: December 04, 2017, 02:41:11 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?

GAmbling is not made to basically entrust all your profits coming from it. ITs essence is to entertain to procide players a satisfaction and an outlet to their betting urges. HOwever it is very imperative that we reach out to ourselves within and contrul our urges. That’s why it is important.

self-control and discipline among others are really important most especially when you are gambling. You should already have an idea as to how much are you going or willing to lose in a certain gambling session. Having control and discipline, you will be able to follow your plan and do not do any anycesary betting outside of the pre-planned betting session.
698  Economy / Gambling discussion / Re: What keeps you coming back??? on: December 04, 2017, 02:30:29 PM
I'm afraid that it will end up busting most of your bitcoin if your attitude towards gambling is like that, Switch off your computer, pull the plug in your router and go out. That's all you need to do.

This is probably the most crazy thing that I read today, why would you even do this when all you need is to really quit without looking back. Dont even try to open up any gambling site. If you really want to do this then you can do this but if they is a slight bit conflict of interest to gamble again then you will keep on coming back for sure

I praise your conviction and focus. Nonetheless, we must recognize that it is always easier said than done. Hence, we should not base our judgement on our personal experiences since other people have their own fair share of experiences which led them to who they are today. Going back to our main discussion, I think people keep coming back on the hopes of winning big this time around. They think 'maybe' this time is their lucky time. Hence, they gamble. Others get lucky; others fail miserably. We have our own reasons but there may be times they get addicted to it.
You are right about the giving up on gambling. It is easy to say but very difficult to do. Still, that does not mean it is impossible. A man can do anything that he can imagine or really wants to. I don't consider quitting gambling a very difficult task.

Also, everyone has his own reason of coming back. Some people think of gambling as an entertainment while others look at it as in an income source.
it will not be applicable for us to earn in gambling regularly, i mean making it as our source of income is quite impossible,we should not rely our living in gambling since it depends only our luck, better play with control and know what's the status of your living.
Gambling can never ever become the way of income because it is totally a luck dependent game and if you are so fortunate sometimes, then it would prove valuable but if the case is opposite then it will definitely make your life harsh living. However, one can play gambling for fun or just to check his luck but depending on it is like a new joke in market. Income is a sign of stability however gambling cannot make someone stable because there are risks hidden in it.

There are gambling games though that are not based on pure luck - this is the type of game that you could potentially be one of your main source of income - when you just know what you are doing well.
699  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: December 04, 2017, 02:21:26 PM
The easiest way to make profit in gambling is that you need to know what kind of game you are good at, you are good at playing cards and you can read your opponents face, then you know in yourself that you have the upper hand then bet a large amount then rinse and repeat.

This is so true. As long as the game involves these kinds of skills, then you are more likely to win more compared to games that are just based on pure on luck. However, I am not saying that we should stay away with these games that are based on pure luck because they can really be a good source of fun and entertainment if you just know what you are doing.
700  Economy / Gambling / Re: Investing in btc casinos on: December 04, 2017, 02:17:51 PM
Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?

Probably the best investment to be made besides of buying BTC and holding, casinos at long term will earn a lot of profit. Maybe even in short time if big gamblers arrive.

Yes this is true however you need to realize that casinos actually do have brief periods where they are sitting at a loss.

If you read many of the threads on casinos that allow bankroll, there are many newbies that complain because the first week they invested, their balance went against them due to variance. They quit at a loss and then later on the casino finally has a winning streak and everyone is at break-even.

Keep in mind that these are not get rich quick schemes.

That is correct. There is really no easy and free money after all.
this really is a fact that online casinos will from time to time get hammered by big whales but dont worry because at the end of the day, due to house edge advantage, you and casino will still win in the long run as long as you keep on investing.
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