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grim007
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May 05, 2016, 02:21:32 AM |
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its too risky in gambling site
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Zooplus
Legendary
 Offline
Activity: 1106
Merit: 1000
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May 05, 2016, 02:24:28 AM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount. You are right actually but investing in an online casino is lucrative as it has a highest return of investment compared to just depositing your money in bank earning a little interest, just be cautious everytime you invest because this venture is only profitable if you can spot a good online casino to invest with. |
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Falconer
Legendary
Offline
Activity: 2506
Merit: 1126
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May 05, 2016, 04:46:59 AM |
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its too risky in gambling site
Its not as risky as playing there, it is bit same like investing in another business projects, where you have known the company profile and its annual or monthly profit. Just seek the casino who people like to play there, where surely have good profit. |
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gtglener
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May 05, 2016, 05:21:13 AM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount. yeah, I also think like that, he should have to diversify his investment into a number of casinos, so with that he will be at a benefit that if a casino closed to scam people, he will not lose all of his money and will get the remaining from the other sites. |
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Falconer
Legendary
Offline
Activity: 2506
Merit: 1126
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May 05, 2016, 12:37:01 PM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount. yeah, I also think like that, he should have to diversify his investment into a number of casinos, so with that he will be at a benefit that if a casino closed to scam people, he will not lose all of his money and will get the remaining from the other sites. Then you must have much money if you want to diversify your money on few investments. And, you should learn the growth of company you want to invest, so the chance of scamming will be less, and you wont waste your money to invest on some random companies that you dont know. |
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goldcoinminer
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May 06, 2016, 06:31:04 AM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Whether it is old or new site, the past history will not guaranty that in future they will not run away with your money. Any casino investments are high risk investments so don't put all your money in any one or two sites instead diversify into many sites to reduce your lose, in case site collapse or someone win big amount. yeah, I also think like that, he should have to diversify his investment into a number of casinos, so with that he will be at a benefit that if a casino closed to scam people, he will not lose all of his money and will get the remaining from the other sites. Then you must have much money if you want to diversify your money on few investments. And, you should learn the growth of company you want to invest, so the chance of scamming will be less, and you wont waste your money to invest on some random companies that you dont know. That should be done by every investor prior to putting you investment in a certain company, you have to make a thorough research, put into you mind that the amount you invested must earn profit, profit should be the priority why we are investing. You can see a lot of casinos today offering for investment, we can use that opportunity to diversify our investment to minimize the risk. |
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aakashsangwan
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May 06, 2016, 07:05:16 AM |
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It is a very good investment option. It is good way of making money in less time. Bitcoin casinos usually run in profit. So your money would be safe.
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Hatuferu
Legendary
Offline
Activity: 1092
Merit: 1000
https://trueflip.io/
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May 06, 2016, 08:46:53 AM |
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It is a very good investment option. It is good way of making money in less time. Bitcoin casinos usually run in profit. So your money would be safe.
The better strategy is to invest a huge amount of coins in an online casino so you would have a good sharing in the profit, the only problem I see is the reliability of the gambling sites. Base on math the house always wins but if they will scam you, your money will be gone forever. |
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Fofofolo
Member
Offline
Activity: 107
Merit: 10
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May 13, 2016, 02:53:31 PM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure. |
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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May 13, 2016, 05:11:43 PM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure. investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too. |
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roadbits
Legendary
Offline
Activity: 1092
Merit: 1000
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May 14, 2016, 01:01:12 PM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure. investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too. True there will be big risk for example when a high roller comes in to the dice site and went on a winning run could reduce the bankroll of a casino resulting no profits for the investors. Just like what happened previously on moneypot with one huge win then investors profit became negative. That's why in casino investment diversification will reduce your losses. So one shouldn't put all their money in only one or two sites but should find few good and trusted sites diversify. If we diversify, I don't think in all sites anyone can win big at the same time, in this way our losses will reduce. Whatever the result in casino investment still it is better than gambling so I prefer investing in casinos. |
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Finestream
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May 14, 2016, 02:52:17 PM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure. investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too. True there will be big risk for example when a high roller comes in to the dice site and went on a winning run could reduce the bankroll of a casino resulting no profits for the investors. Just like what happened previously on moneypot with one huge win then investors profit became negative. That's why in casino investment diversification will reduce your losses. So one shouldn't put all their money in only one or two sites but should find few good and trusted sites diversify. If we diversify, I don't think in all sites anyone can win big at the same time, in this way our losses will reduce. Whatever the result in casino investment still it is better than gambling so I prefer investing in casinos. Its true that is the best way of minimizing your risk, if you can do that you can have more profit in the future as long as you invest your money in a trusted site. Careful study is necessary everytime you put an investment in a particular online gambling sites. |
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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May 14, 2016, 03:31:12 PM |
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If you believe the casino you're investing in will be around for many years.. I think investing would be ok. I'm just afraid of a casino running off with the invested btc!
yeah, that is nice idea, he should have to invest in those casinos which have be online here from a long time and if he want to try some casinos which have come online recently then he should have to take the start with small amount in order to check its legibility. Investing will be only good when you are for sure that you cant lose some money with it and that is because there are more people that is going to have some Bitcoin also. And with investing money you can also earn money with it but with gambling you are not for sure. investment is never 100% safe. There is sure a risk factors in any investment. And investment in bitcoin casino, you will have the house edge to your advantage and so you are more likely to gain. You can earn a lot but the risk is also very high too. True there will be big risk for example when a high roller comes in to the dice site and went on a winning run could reduce the bankroll of a casino resulting no profits for the investors. Just like what happened previously on moneypot with one huge win then investors profit became negative. That's why in casino investment diversification will reduce your losses. So one shouldn't put all their money in only one or two sites but should find few good and trusted sites diversify. If we diversify, I don't think in all sites anyone can win big at the same time, in this way our losses will reduce. Whatever the result in casino investment still it is better than gambling so I prefer investing in casinos. yup, that is why there is a golden rule of investment: 'dont put all your egg in one basket'. you will never know what will happen and if the site you invest close down, you may end up losing all no matter how much you have profit previously. |
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yenxz
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May 14, 2016, 05:58:37 PM |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing. |
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RoommateAgreement
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May 14, 2016, 06:09:05 PM |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing. i think with that much money you can even start your own casino and not need anybody else. $3000 is nearly 6.6 BTC which is more than enough to get you started with setting up a website and pay for developement and coding. |
Buying the dip...
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smho_16
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May 14, 2016, 06:30:35 PM |
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With 3000 USD as an amount , in my region, a not so well developed group of countries , you can open a business, like an internet coffe or you can even buy 1 used car and sell it for more, or even open a shop of electrical materials. Of course these businesses may go wrong, just like can go wrong investing in the wrong casino. Wrong casino is the one in which you invest and a whale comes in and wins big, this remain a wrong casino even if it is the most legit one.
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Berthorl
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May 14, 2016, 06:36:44 PM |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing. i think with that much money you can even start your own casino and not need anybody else. $3000 is nearly 6.6 BTC which is more than enough to get you started with setting up a website and pay for developement and coding. Its more then enough to get your started to setup a website. But where does the bankroll to pay out players come in? if you cant payout them then kiss business good bye. |
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adaseb
Legendary
Offline
Activity: 3752
Merit: 1710
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May 14, 2016, 06:39:51 PM |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing. i think with that much money you can even start your own casino and not need anybody else. $3000 is nearly 6.6 BTC which is more than enough to get you started with setting up a website and pay for developement and coding. Its more then enough to get your started to setup a website. But where does the bankroll to pay out players come in? if you cant payout them then kiss business good bye. $3000 might be enough to start the website but it won't be enough to hire a programmer to enchance the code to prevent it from being hacked or cheated and you will need a larger bankroll incase a whale gambles on your site. |
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newcoins1978
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May 14, 2016, 07:28:27 PM |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
$3000 is big amount of money,if you want to invest it on bitcoin casino,you should choose a best bitcoin casino,its will give you good profit,and i suggest you to not hurry for choose the best bitcoin casino,try to negotiate to some bitcoin casino for best profit sharing. i think with that much money you can even start your own casino and not need anybody else. $3000 is nearly 6.6 BTC which is more than enough to get you started with setting up a website and pay for developement and coding. Its more then enough to get your started to setup a website. But where does the bankroll to pay out players come in? if you cant payout them then kiss business good bye. $3000 might be enough to start the website but it won't be enough to hire a programmer to enchance the code to prevent it from being hacked or cheated and you will need a larger bankroll incase a whale gambles on your site. 3k Is not even enough to cover security. To protect your server and site you need to buy tools, have your site audited by a security firm etc. To have a full setup i would reckon to reserve at least 15k. |
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CryptoBjorn
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May 14, 2016, 09:17:03 PM |
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I have $3000 USD to invest, is it worth it?
What sort of returns should I expect
the more interesting question is "how do you actually do it"? it's not like you can just deposit somewhere and it's all done you are now investor. can anyone shed some light on this matter for me? thanks Some casino's offer investment options on their website. You can contact them and ask for the terms. I am not aware how it goes and how much of your money is at risk. If you 'promise' a decent profit percentage without any risk then it's safe to do. |
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