Bitcoin Forum
July 05, 2024, 08:32:24 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 »  All
  Print  
Author Topic: Asking the big rollers: Where do you get the money from?  (Read 2196 times)
vendetahome
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
December 26, 2015, 05:59:26 PM
 #41

well i usually get money from my job as i dont have any other ways to earn real money, as for bitcoins i usually get them from the signature campaign, i gamble very often though im not sad at all if i loose money as playing in casinos gives me high quality entertainment
thejaytiesto (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1014


View Profile
December 26, 2015, 11:17:48 PM
 #42

where are u from dude, and how much money you can make from monthly salary?

imo if u live in a developed country, you can make some btc per month easily, i mean your income will be over 1500-2000 USD after tax at least, which can be 4-5 btc per month.

i have lost over 100 btc within 2 years, goddamnit i was scammed by some altcoins.

Huh.. doing the math, lets say an average of 1700 USD as salary which is pretty high in lots of countries in the so called developed world, now take away the basic needs such as rent, food, electricity, heating.. boom, there you go. I don't see how you are going to make 4-5 BTC per month dude, 4 BTC is already higher than that salary already (1846 right now).

As a guy who kept tossing fiat-BTC for profit, what fox said is somehow true depending on your buying averages. Entering in a certain price range is in itself already a gamble because you don't know whether the price will go up or down; whether you'll keep your profit or keep your losses. If you started big and played the price swings very carefully and well, I don't see how you can't make 4-5 btc per month. Shorters who are expert enough can do that pretty easily.

Shorters are gamblers... it's impossible to predict the market no matter how good yo uthink you are at technical analysis. ANd in any case I was talking about buying the BTC with your salary not shorting, and 4-5 BTC a month is impossible for like 99% of people.
Erza
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


View Profile
December 27, 2015, 06:44:07 AM
 #43

well i usually get money from my job as i dont have any other ways to earn real money, as for bitcoins i usually get them from the signature campaign, i gamble very often though im not sad at all if i loose money as playing in casinos gives me high quality entertainment

I think OP means for big rollers. By the way you said you got money from signature campaign, I dont think that you are really big rollers because signature campaign will pay you 0.2 maximum so you can't do big rolls with this kind of income
tolikkk
Hero Member
*****
Offline Offline

Activity: 952
Merit: 1000


www.pumpmycoin.com


View Profile WWW
December 28, 2015, 01:08:12 PM
 #44

being deeply emotional in gambling and stripped in large and rates , and profit or defeat, due primarily due to personal desire, matter, and the amount at which he computes in having the game and the amount of time in this sector, but under certain conditions himself personal people will find a way to define such huge amounts though really, sometimes puzzling
AtheistAKASaneBrain
Hero Member
*****
Offline Offline

Activity: 770
Merit: 509


View Profile
December 28, 2015, 03:15:15 PM
 #45

There are ordinary high-paying jobs in the range of 100k euros a year. Doctors, dentists, lawyers, engineers, etc. You can buy an expensive car or make big bets and you will still be frowned upon by other people for having too much money or spending too much money or whatever. Just improve your qualifications and stop worrying about what other people make.

100k euros a year is extremely high, pretty rare nowadays. And even then, expenses of living, assuming they live in a upper class area, is higher, so more money goes on there. At the end of the day it doesn't really explain how people are making bets of 25 BTC in a tennis match or stuff like that, you have to be really wealthy for this or just pretty crazy.
FrueGreads
Legendary
*
Offline Offline

Activity: 1582
Merit: 1059


View Profile
December 28, 2015, 04:13:39 PM
 #46

Im just asking those guys that are betting big amounts of money like this:

I should stop Sad
Down 19 BTC & that's just this month.
Oh well.

Im really curious to know how can you bet so much money, where did this money from? For me, I can only hope that I make 19 BTC in total after making BTC slowly and saving it all in maybe a year or so, but you are gambling it all in a single day. This is just crazy for me and I don't get it. I would like to know the history of the people here that have that much amount of money.

I think that some got their BTC from the start, when they were worth nothing and were just like an idea or concept. Then China came along they their value got huge.

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

                   BitCloak Bitcoin Mixer  
  BTC & BCH | API| MULTIADDRESS| PGP PROOF|  FAST MIX |  ESCROW|  MORE ! 

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░██████████████
░░██████▐▌██████
█████░░░░░░░▀█████
██████▄▄░░▄▄░░██████
████████░░▀▀▄██████
████████░░▄▄▄░░█████
██████▀▀░░▀▀▀░░█████
█████░░░░░░░░█████
░░██████▐▌██████
░░░██████████████
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
░░░

chennan
Legendary
*
Offline Offline

Activity: 1316
Merit: 1004


View Profile
December 28, 2015, 04:38:55 PM
 #47

where are u from dude, and how much money you can make from monthly salary?

imo if u live in a developed country, you can make some btc per month easily, i mean your income will be over 1500-2000 USD after tax at least, which can be 4-5 btc per month.

i have lost over 100 btc within 2 years, goddamnit i was scammed by some altcoins.

Even if one where to make around $2000 after taxes and put it all in bitcoin, I can't even fathom gambling it all away though (or just putting my funds in a risky win/loss situation).  You have to be conservative when gambling, and set a little aside you want to play with to have the possibility of getting more.

So, for example, if you have just bought 4 bitcoins, and know that you want to set aside 10% of your coins for entertainment purposes in gambling each week, then 0.4 btc is a good amount to be playing with... then when/if you lose that, I wouldn't put more in to "dig a deeper hole" per se.  Same is if you bought only 0.4 btc, I believe it's reasonable to only bet 0.04 btc, and so forth.

thejaytiesto (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1014


View Profile
December 28, 2015, 04:45:28 PM
 #48

where are u from dude, and how much money you can make from monthly salary?

imo if u live in a developed country, you can make some btc per month easily, i mean your income will be over 1500-2000 USD after tax at least, which can be 4-5 btc per month.

i have lost over 100 btc within 2 years, goddamnit i was scammed by some altcoins.

Even if one where to make around $2000 after taxes and put it all in bitcoin, I can't even fathom gambling it all away though (or just putting my funds in a risky win/loss situation).  You have to be conservative when gambling, and set a little aside you want to play with to have the possibility of getting more.

So, for example, if you have just bought 4 bitcoins, and know that you want to set aside 10% of your coins for entertainment purposes in gambling each week, then 0.4 btc is a good amount to be playing with... then when/if you lose that, I wouldn't put more in to "dig a deeper hole" per se.  Same is if you bought only 0.4 btc, I believe it's reasonable to only bet 0.04 btc, and so forth.

Yeah none of the arguments being presented here explain how they can gamble such amounts of stuff. Your average doctor is not going to be gambling ridiculous amounts of dollars in a single match. Most people with respected careers aren't single and young where can you be reckless, most have families, and gambling is out of the question, so I still don't get it.
bearex
Hero Member
*****
Offline Offline

Activity: 560
Merit: 501



View Profile
December 28, 2015, 06:01:18 PM
 #49

They just make the money and then feed it to their gambling addiction. I guess you can win sometimes, but if you dont stop, it is over.
thejaytiesto (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1014


View Profile
December 29, 2015, 05:28:47 PM
 #50

Im just asking those guys that are betting big amounts of money like this:

I should stop Sad
Down 19 BTC & that's just this month.
Oh well.

Im really curious to know how can you bet so much money, where did this money from? For me, I can only hope that I make 19 BTC in total after making BTC slowly and saving it all in maybe a year or so, but you are gambling it all in a single day. This is just crazy for me and I don't get it. I would like to know the history of the people here that have that much amount of money.

I think that some got their BTC from the start, when they were worth nothing and were just like an idea or concept. Then China came along they their value got huge.

But not every big gambler can be an early adopter I think... there aren't that many early adopters that saved huge amounts of BTC to the point they can carelessly gamble with them, so it doesn't add up.
Ceizer54
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
December 29, 2015, 05:40:55 PM
 #51

Man not everyone in this world is struggling for bitcoins.There are some big gamblers,betters too whose pasion is gambling.I still remember one guy who use to bet 50+ bitcoin on his every sport bet on directbet and guess what at 1.03,1.07 such odds.He betted 62 btc once at 1.02 odds..He risked that much bitcoin for such low odds..so yeah there are some people who have that much bitcoin..Now where did they get that much? well they bought it obviously coz it's very difficult to earn such amount..it may take years to earn that much online.
Slark
Legendary
*
Offline Offline

Activity: 1862
Merit: 1004


View Profile
December 29, 2015, 05:50:14 PM
 #52

From my experience big rollers are mostly early adopters who like to gamble and owners of their  own bitcoin/crypto business.
That group is for sure the 80% - 90% of all high rollers out there. There are also old blood rich gamblers out there who discovered potential of bitcoin gambling.
fox19891989
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000



View Profile
December 29, 2015, 05:58:38 PM
 #53

Man not everyone in this world is struggling for bitcoins.There are some big gamblers,betters too whose pasion is gambling.I still remember one guy who use to bet 50+ bitcoin on his every sport bet on directbet and guess what at 1.03,1.07 such odds.He betted 62 btc once at 1.02 odds..He risked that much bitcoin for such low odds..so yeah there are some people who have that much bitcoin..Now where did they get that much? well they bought it obviously coz it's very difficult to earn such amount..it may take years to earn that much online.

he likes safe bet, like i did on French Open, Wimbledom Open(won 5 btc or more, can't remember now) this year, the results were very good, if i kept betting like that, i would still profit many btc, but i didn't do that again, so i lost a lot of money in the end, you know such low odds will happen in djokovic vs weak players, now those weak players are not able to beat djokovic, so the bet is very safe, even i called it FREE MONEY.
bitlancr
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


View Profile
December 29, 2015, 06:02:09 PM
 #54

From my experience big rollers are mostly early adopters who like to gamble and owners of their  own bitcoin/crypto business.
That group is for sure the 80% - 90% of all high rollers out there. There are also old blood rich gamblers out there who discovered potential of bitcoin gambling.

That's a solid statement.

A lot of those guys got some services and income from bitcoin/internet related products, which provides them in their habit of gambling.
Newcoins2020
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
December 29, 2015, 06:10:24 PM
 #55

I had a service too, but had to stop it since i had not more time.
But yes i believe most of the big rollers earn from websites enough to gamble and keep on gambling.
enhu
Legendary
*
Offline Offline

Activity: 2492
Merit: 1018


View Profile
December 29, 2015, 06:15:06 PM
 #56

Early Adopter probably, they use to giveaway back then just like the new coins that's been spurting these days, they gave away thousands of coins.  I remember a thread where someone bought a pizza for 10K btc.

I use to have 150K STRs when they gave it away.
If STR is worth a dollar, I could still have thousands of USD to my wallet. I will recover my wallet password later once its value get super high.


██████████ BitcoinCleanUp.comDebunking Bitcoin's Energy Use ██████████
██████████                Twitter#EndTheFUD                 ██████████
Decoded
Legendary
*
Offline Offline

Activity: 1232
Merit: 1030


give me your cryptos


View Profile
December 29, 2015, 10:28:39 PM
 #57

Mainly two things. People who are rich in real life, and convert into bitcoin, it early adopters. But even then, some early adopters either burned their coins, or accidentally lost them. Sad.


Some people were also maybe super lucky and founded a really big bitcoin site... *Koff* Gox *Koff*

looking for a signature campaign, dm me for that
JeWay
Hero Member
*****
Offline Offline

Activity: 952
Merit: 503


View Profile
December 29, 2015, 10:38:02 PM
 #58

Maybe they just bought the Bitcoin with fiat money, cos I think it's the fastest way to do that
Shinpako09
Legendary
*
Offline Offline

Activity: 2016
Merit: 1015


View Profile
December 29, 2015, 10:46:25 PM
 #59

Yeah I'm also thinking about where they get that huge number of bitcoin where they lossing in gambling. Early adopters? but are there coins they have before still in their hand right now?
btcdevil
Legendary
*
Offline Offline

Activity: 1302
Merit: 1027


View Profile
December 29, 2015, 11:19:21 PM
 #60

Man not everyone in this world is struggling for bitcoins.There are some big gamblers,betters too whose pasion is gambling.I still remember one guy who use to bet 50+ bitcoin on his every sport bet on directbet and guess what at 1.03,1.07 such odds.He betted 62 btc once at 1.02 odds..He risked that much bitcoin for such low odds..so yeah there are some people who have that much bitcoin..Now where did they get that much? well they bought it obviously coz it's very difficult to earn such amount..it may take years to earn that much online.

he likes safe bet, like i did on French Open, Wimbledom Open(won 5 btc or more, can't remember now) this year, the results were very good, if i kept betting like that, i would still profit many btc, but i didn't do that again, so i lost a lot of money in the end, you know such low odds will happen in djokovic vs weak players, now those weak players are not able to beat djokovic, so the bet is very safe, even i called it FREE MONEY.

What you replied is not 100% correct i have seen djokovic losing to weak players , so if you are playing like this on low odds for 50 matches also if one match goes wrong your whole bankroll we become zero, so not always all matches go according to the players some time it goes according to the situation.
Pages: « 1 2 [3] 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!