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981  Economy / Gambling discussion / Re: do you like slot games ? on: October 09, 2017, 03:36:27 PM
I don't like this kind of games, because it's depend only on luck, so it's more risky that LIVE games. Sometimes i do that for fun, but when i lose i stop, personally, i didn't like this type of gambling games which based only on luck and played randomy, I just gambling in sports betting, I like so much football, and i know many teams and players, so my chance of win will increase a lot in this sections of gambling.

I could not agree more with you about sports betting that when you learn more the teams, player status, and coaching staff, you have more chances of winning than losing. With the games based on pure luck, we don't have that kind of edge even if we are experienced enough with gambling.
982  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: October 09, 2017, 03:33:19 PM
I think it's just a problem to drop the bitcoin. So far we have known many other coins or other methods that have a higher intensity of criminality. but they never mentioned it.

Just like a tree that bears lots of fruits, it will be the subject of looting or in the case at bar, a subject of bitcoin critics. Those critics don't use their mind that even with fiat money, illegal transactions are also prevalent. Criminals have many ways to use whether fiat or bitcoins with their illegal transactions.
983  Economy / Gambling / Re: Investing in btc casinos on: October 09, 2017, 03:26:53 PM
Howdo i invest? Is through ico or there are platform specifically design for this.

Betking.io is the only one I know of that did an ICO (there is another that has put its ICO on hold but it looks a little bit scammy to me). All the others I know of, you sign up an account at the site and just make a deposit and invest after checking out the reputation and terms and conditions of course.


There is a lot of site that you can invest your money on, for example like betking, bitvest, safedice cryptogames. There is got profit on their site recently but for an ICO, nowadays I do not see any of them is really worthed except betking. But they already done for their ICO right now and there is no more to invest again

my last check about betking is that they are no longer accepting third party investors to their site for the house bankroll. I also read their ICO when I tried to check their site and intended to invest again after for a long absence.
984  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: October 09, 2017, 02:50:06 PM
The fees are fair, considering the amount of energy and now money it takes to mine and run bitcoin related businesses. It's no big deal if you have been following crypto for a long time, and easy to see coming down the road. Hopefully they will go down over time as more of the public accepts BTC as fiat.

yeah, the investment is really pretty huge when it comes to mining bitcoin. In fact, this is already a serious business to people investing into bitcoin mining.
if you are just starting out and plan to engage into mining and you only have little capital, better forget the idea and start accumulating bitcoins in other ways because you will be eaten by big mining companies.
985  Economy / Gambling discussion / Re: What keeps you coming back??? on: October 09, 2017, 02:37:32 PM
I am forced to return the opportunity to have fun and try my luck again. It's such an amusing kind of pleasure that I can not simply refuse even if I became addicted to it.

This thing is almost always the reason why people come back.  When a person have extra money and bored, or have no idea how to grow his money but gambling, he will come back again and again until he lost it all.  This thing happen to me but of course I control myself.  I come back because I got bored and I have extra money.  I found gambling as one of good way to pass time especially when I am playing with my friend.
i did it since long time ago , gambling only when i have extra money from the payday , i think that time i will only gamble that extra money , but then as time goes by , i am lost quite a lot , i can not accept that lost and just continue playing.

until now i feel i have got addicted because of that one simple reason , i have underestimated about it long time ago.
You should forget the lost, the more you keep on having that idea that you can win it back will be no use at all since it will not happen ,unless you rusk huge amount and you won at that instant and you'll stop playing it can be. Chasing loses can tend to have more loses.
yes i have experienced almost everything in gambling , i won't try to recover my lost as i know it will only make things worse . still even you have no intention to do that , you will have desire the same way to come back to gamble.

yes it is for money , no doubt. people love money and gambling give you the easiest way to make it.
Gambling does give the easiest way to earn money it pretends that it is the easiest one. Actually it is not even a way to earn money. People hit winnings at times and they start thinking that it will be like that always. They think that now casino is their yard. Honestly, the house is always trying to trap its customers. Gambling can be fun if played without giving money a thought.

the house will always win due to house edge advantage rule. We can't get away with it unless we go for games like poker and sports betting where there is some skills and knowledge involved comparing to games that are just based on pure luck.
986  Economy / Gambling discussion / Re: Trading vs Gambling on: October 09, 2017, 02:33:27 PM
Both are risky but i go for trading because you can invest for long term to earn and its sure profit but in gambling you need a long process to be expert me i earn in gambling but not big like my earnings in trading so i go for trading but i like also gambling

I agree that you can make really good money with trading cryptocurrencies. This is the current trend among traders and when you are like the professional traders who always honing their trading knowledge and skills, then you are up for a big treat when trading altcoins with bitcoin.
987  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: October 09, 2017, 02:30:29 PM
Some people prefer bitcoin over fiat because the transaction occurs almost instantly, you can receive payments without the need to pay transfer fees.The rate against fiat currencies worldwide fluctuates a lot. Lastly, the feature of bitcoin makes popular among the people.

In all fairness, transactions with fiat money are almost the same and instant and there is a transfer fees with bitcoin for payment received. It also the same, when it comes to fluctuation, that bitcoin price also fluctuates. But in terms of features, I agree with you there that people loves the bitcoin idea and that is one of the very reasons many invested on bitcoin.
988  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 09, 2017, 02:27:21 PM
never i think.
bank have other advantages that very usefull than bitcoin.
for longfterm invest bank is better than bitcoin, and you can ask money for much in short time if you any accident that make you need money.

What you are saying is that with the bank, where your savings are being deposited, it is convenient and powerfully convenient to use and pay it for some immediate and urgent instances like paying bills in the hospital with just one swipe. This is true especially that greater majority if not all of establishments accepts fiat money and not all of them accepts bitcoin.
989  Economy / Trading Discussion / Re: When do YOU sell? on: October 09, 2017, 02:21:00 PM
When do you decide to sell?

Is it a sat, a % of profit, or even a randomly thought up number in your head?

I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.

How do you determine when to let it go?

I always sell whenever the price is high, because who wants to have a little profit? I have a lot of patience so I can wait for a long time, I can hold that coin for a long time as pong as their value do not meet my expectations. Besides I don't have a lot of things to spend money with so I'm just keeping my coins and sell it when the price grow. And that thing make me rich, I'm not that rich yet but I know that if I just continue this thing I can became a millionaire.
i have never sell my bitcoins instead of selling my bitcoins i'm buying more and more bitcoins because i want to be a rich in leaps and bounds and bitcoins are there to help me because the values of bitcoins are increasing.

That is a good risk to take. But! I noticed I said it risk? Yes, there is still a risk involved because we don't really no what future holds with bitcoin. Although I am not saying that it will be going down but what I want to share is that, you should not put all of your money in buying bitcoins, there should be some sort of budget percentage like, 40% or any percent will go to buy bitcoin, some percent for other investment, and the like. Do not put all of your eggs in 1 busket.
990  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: October 09, 2017, 02:17:01 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?

For me to be smart in gambling is very important,Once its your lucky day you have to bet all your profit but always keep safe your capital.And everytime you win you have to save and save.But if you always lose.Tou have to pass to go to gambling or bet just for a little.But if your a smart gambler you know how to make a way for winnings.

I disagree with this. There is no such thing as "a way for winnings" which a gambler can follow and win eventually. If you want to play gambling in a smart way, don't gamble with more than you can afford to lose and don't spend all your time on gambling even if you make small bets and losing doesn't hurt you financially.

Precisely! The only way to gamble smart is to play with money that you can afford to lose - this time, the amount will be different to each individual's financial capacity and tolerance of risk - if the person or gambler is ok with gambling half of his entire budget and can afford to lose it at any given time, that is fine.
991  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 09, 2017, 01:08:31 AM
I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc Sad

Why is it so addictive?
Because we humans mostly believe in luck.then when we tried playing and win,thats the start of having lust for more winnings.then suddenly realize that it doesnt help us to earn besides lossing more and sometimes lossing at all.thats why if your not in to gambling.dont dare to try for us not to be fail

Actually, gambling is not really bad and in fact, may give some good results like it is a stress reliever by some of the players - they are really not into aiming for profits or big wins but just to have fun and entertainment. Hence, if your aim with gambling is for profit and risking big amount of money, then that is really bad if it turns out you are going to lose.
992  Economy / Gambling discussion / Re: To Gamble or To Invest? on: October 07, 2017, 05:42:24 PM
Investing in gambling sites is a passive gamble. We can reduce our emotional involvement in this form of gambling so that the opportunity to get the best out of it will be greater. One thing for sure in investing, do not be too often monitor the development of our investment. It'll be better to leave it for a bit longer.
I didn’t get the main idea of this thread. Is it talking about which one is better in gambling vs investing in bitcoins or it is asking about investing in gambling. Is there any investing in gambling too as we have in bitcoins with profit and loss. Anyone can clarify it. Would be thankful for the response.
The question he is asking is weather people should gamble or invest. Gambling we all know is based on luck and also if the site is actually fair while investing is sharing profits with the site when you invest in a site if someone wins big you pay for his profit but at the same time when someone losses you get a shate of the lost amount

In fairness, there are gambling games that are not based on pure luck - it has some skill factors involved in order to win just like the game of poker and sports betting. When you also invest to casino sites, there is also risk in it but that risk is not as high when you are playing as a gambler on that casino.
Those games are really rare most gambling games which require skills is really hard you might learn the way it works but when you are playing against the house edge there is no way you will make profit in starting and until you start figuring you will have already lost a lot
To gamble or to invest these are both risky, because in gambling the possibility to earn income is much lower compared to the investment. Therefore in investment it is also have a risk and it is come from scammer, but they have a chance to prevent it. Just know first the legality of the sites or business you invest and before you join make sure that the company or the sites was established for the long time ago. Then if you want to avoid the risk of gambling it is the simple thing I advise don't gamble to prevent losses.

Actually it is more riskier to gamble than to invest. However, I would like to qualify that: although it is supposed to be less riskier in investing than gambling, the former will turn to be more way riskier when you don't do due diligence in knowing the company you want to invest with because they might be scam companies whatsoever. Hence, with due diligence and homework is really a must before you invest.
993  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: October 06, 2017, 09:50:43 PM
I do understand that the system does need the fees to remain alive, and as incentive to the miners, even knowing at this moment the fact of they collect blocks would be enought for them, but the fee is just a way to keep the transactions safe. Some coins are coming offering no fees wich may change the game, if you can keep doing all the things you do with bitcoin without have to pay a fee i believe its an improvement and something to consider over the future.

That is true and that third party or miners are essential part of a successful bitcoin transaction - actually it is one of the main highlight and beauty of bitcoin because this time, there is a third party that will certify the integrity and correctness of our bitcoin transactions and the fee is just an added motivation for them to continue performing that essential duty.
994  Economy / Trading Discussion / Re: How do you manage ur emotions? on: October 06, 2017, 11:07:13 AM
The best way to manage your emotion is : Understand your emotional needs. In order to manage your emotions, you need to fully understand them. All of us have certain emotional needs that are just as important as our physical needs. Spend some time taking an inventory of the emotional needs that are most important to you.

Good point. Each individual should have their own emotional needs and therefore, when you see that it is working with other people it really does not follow at all that it will also work out for you because you have different needs than them. Hence, you are really the primary person to know how you are going to manage your emotions and the rest are just guidelines but at the end of the day, it is you who will be going to make the final call.
995  Economy / Gambling discussion / Re: Gambling addiction. on: October 06, 2017, 01:32:37 AM
Why is someone get addicted to gambling once he gamble ?

Gamble is quite like a trap . If someone loss we want to recover from it and if he wins he want to win more. Thus he got stuck is the trap of losing and winning. Greediness of earning money fast is the main cause but the reality is, most of the player end up loosing.


That is how gambling works, we try, we lose, then we get addicted to it, just like what you have said, we are addicted on gambling because we wanted to take all back what we have lost because it was not on our plan, we just wanted to win and not to lose our money. There is a saying that "Curiosity kills the cat" and we are the cats who's been victimized by the gambling site.

In all fairness with the gambling sites, they are not victimizing us because it is already stipulated that they have the house edge advantage. Having the house edge advantage means, they have more chances of winning than the players or the gamblers unless otherwise games like poker and sports betting.
996  Economy / Gambling discussion / Re: How to play gambling in a smart way? on: October 05, 2017, 12:57:21 PM
I think, none of it smart when we gambling, all analysis never guarantee we win, all gambling depends on luck so reasonable if people who don't understand gambling but could win or who frequent gambling thus often lose.

Not all gamblings are kust based on pure luck. Like poker and sports betring, the more skillful you at that, you are moee likely to win rather than just ordinary players who have little to no knowledge and skills at all.

But yes I agree that with games tgat are based on pure luck, it is quite hard to win and no amount of smart ways that we can keep or be able to wing in a regular basis.
997  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: October 04, 2017, 03:13:32 PM
because bitcoin is a currency that can beat other currencies ,, even in virtual form, but its existence in believing that bitcoin will be the currency that is recognized in this world, when it happens Huh I do not know for sure, we'll see the date of the game ..

I am not sure what other currencies that can be beaten by bitcoin that you were saying - is it other altcoins or fiat money? Bitcoin had been noticed by lots of people and by big investors already and some government officials area already have some knowledge about bitcoin and yes, it will only be the time can tell in the coming years whether or not bitcoin will soar ven higher or not.
998  Economy / Gambling discussion / Re: Trading vs Gambling on: October 04, 2017, 03:05:23 PM
i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.
i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have
When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

that is so true that experience will really mold us into a good trader. Unless we don't learn in every trades that we have made. There is a saying amongst traders that in trading, we either win or learn. That is why it is really ok to have some losing trades during early stages of our trading path and we need to learn from it so that we can't do the same mistake in future trades.
999  Economy / Gambling / Re: Investing in btc casinos on: October 04, 2017, 03:00:09 PM
That could be profitable if you invested in some popular gaming website. There are lot of bitcoin gambling sites are opening and lots of people joining everyday. So the business is growing fast. And it is good time to invest also.

I agree that it is really good to invest in online casinos but there is a BIG BUT, we need to do our full due diligence in selecting as to what online casino sites that offer third-party investment because we might end up with some scam sites or very unreliable ones and we are making our hard earned coins in a big danger situations.
1000  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 04, 2017, 02:57:27 PM
no i think
to many people need bank, in bank is good invest for long time. and i will use bank than bitcoin for long time.
people that need instant money will go to bank, not bitcoin. because they can give you (with term and condition)
so, bitcoin and bank will help on depend situation

Because bank is already an institution in the financial industry. People get to use to it and trust banks with their savings and deposits and some investment. Although bitcoin is a real good to have, we still need some bank to keep some of our hard earned savings and be able us to do some transactions like different kinds of loans..
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