Bitcoin Gambling Investments

[pawel7777]

Maybe this is not 100% related to this thread, but are you aware of the shitty returns that Free Bitco.in is giving at the moment?
A friend of mine told me that he deposited $2000 in there for a year, and it is giving him around 2,5% a month, and he is telling it to me like if it was profitable, haha.
There are some bankrolls who are giving a nice profit, i dont know why there is a lot of people investing in freebitco.in

Could you kindly stop spamming this thread with this unrelated bullshit and made up stories. Please.
Freebitco.in has 4.08% fixed annual rate. It takes literally few seconds to verify it. Their interest rates are not tied to gambling profit so doesn't belong in this thread.

[Kiweikoo]

Week 17 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-18-week-17-of-52

Even though bitcoin prices corrected a lot the losses from Betking and Bitdice losses are increasing every week. Due to these two investments, your overall losses are increasing. If Bitcoin prices go up again then these sites losses will increase again. So you may start tracking these two sites in fiat instead of bitcoins because those two sites now give profits in fiat, not in bitcoins.

I don’t know the reason and I am unable to understand that why these two sites are going down day by day, however the price of bitcoin has also increased. I think people are not getting the material from these sites which they want to entertain themselves.

One more reason I think can be that these websites are not updating themselves as the market requires them to be, that’s why people are shorting their use.

[poplolnman]

Week 17 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-18-week-17-of-52

Even though bitcoin prices corrected a lot the losses from Betking and Bitdice losses are increasing every week. Due to these two investments, your overall losses are increasing. If Bitcoin prices go up again then these sites losses will increase again. So you may start tracking these two sites in fiat instead of bitcoins because those two sites now give profits in fiat, not in bitcoins.

I don’t know the reason and I am unable to understand that why these two sites are going down day by day, however the price of bitcoin has also increased. I think people are not getting the material from these sites which they want to entertain themselves.

One more reason I think can be that these websites are not updating themselves as the market requires them to be, that’s why people are shorting their use.

It should be clear that having bitcoin and invest it somewhere in the long run provide you a promising return , in this case dice sites investment mostly and generally in bitcoin casinos who accept investment give you a significant profit in usd rates.

[Rinsend]

Week 17 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-18-week-17-of-52

Even though bitcoin prices corrected a lot the losses from Betking and Bitdice losses are increasing every week. Due to these two investments, your overall losses are increasing. If Bitcoin prices go up again then these sites losses will increase again. So you may start tracking these two sites in fiat instead of bitcoins because those two sites now give profits in fiat, not in bitcoins.

I don’t know the reason and I am unable to understand that why these two sites are going down day by day, however the price of bitcoin has also increased. I think people are not getting the material from these sites which they want to entertain themselves.

One more reason I think can be that these websites are not updating themselves as the market requires them to be, that’s why people are shorting their use.

It should be clear that having bitcoin and invest it somewhere in the long run provide you a promising return , in this case dice sites investment mostly and generally in bitcoin casinos who accept investment give you a significant profit in usd rates.

but if the gambling site is experiencing huge losses will be another.
investors will also lose money even they may not get a penny from the investment he has done.
very risky to invest in a gambling place.
but if the gambling site works.
big profits to be had

[coingamblingreviews]

Week 18 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-19-week-18-of-52

[poplolnman]

Week 17 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-18-week-17-of-52

Even though bitcoin prices corrected a lot the losses from Betking and Bitdice losses are increasing every week. Due to these two investments, your overall losses are increasing. If Bitcoin prices go up again then these sites losses will increase again. So you may start tracking these two sites in fiat instead of bitcoins because those two sites now give profits in fiat, not in bitcoins.

I don’t know the reason and I am unable to understand that why these two sites are going down day by day, however the price of bitcoin has also increased. I think people are not getting the material from these sites which they want to entertain themselves.

One more reason I think can be that these websites are not updating themselves as the market requires them to be, that’s why people are shorting their use.

It should be clear that having bitcoin and invest it somewhere in the long run provide you a promising return , in this case dice sites investment mostly and generally in bitcoin casinos who accept investment give you a significant profit in usd rates.

but if the gambling site is experiencing huge losses will be another.
investors will also lose money even they may not get a penny from the investment he has done.
very risky to invest in a gambling place.
but if the gambling site works.
big profits to be had

That's the function of this thread created by coingamblingreviews to show publicly to the people that invest on dice sites are profitable, just look at what he has reviewed, the money grow significantly instead have a huge loss even there's some sites suffering loss , as long as you did it properly by split it to several places, there you go a good way to grow your wealth.

[Asmonist]

This is somehow mostly we can win or earn a lot as long we know how to handle it. Most likely losses are incurred. Personally I haven't tried yet. I' m quite convince of the high returns but somehow afraid to loss. Anyway, soon if I have enough funds then I can set how much I can loose. I always keep in mind that bitcoin gambling investments are very risky and you can possibly loss it all.

[STT]

2.5% a month compounds to 34% a year   1.025^12=

Would the current investments by this scheme relate to something like the HeroCoin token or Herosphere.gg operation (or similar economies) or is that too far out from the original bitcoin related investments.   I dont think it gives a yield yet only speculative properties on its future operations.   I will have to go back and read each of the investments note to find out how this investment meta changed like I might read Warren Buffets annual note, crypto moves a bit faster I guess :p

[coingamblingreviews]

Week 19  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

[michkima]

Week 19  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

[MinerHQ]

Week 19  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher.

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

[TheQuin]

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

I think that is part of the issue. The other part is the significant increase in BTC value last year. There are still high rollers that are willing to gamble with $1,000 or $10,000 (or even much more) at a time but now that is a much smaller amount of BTC. At the same time, the bankrolls of the casinos have stayed the same in BTC or even increased, so the turnover is a smaller percentage of bankroll.

[pluMmet]

The gambling in bitcoin could possibly be investment but the risk of her too big because gambling not was guarantee will always got advantage it also bitcoin is not good because it will give negative effects for people who gambled

[pawel7777]

...
I think that is part of the issue. The other part is the significant increase in BTC value last year. There are still high rollers that are willing to gamble with $1,000 or $10,000 (or even much more) at a time but now that is a much smaller amount of BTC. At the same time, the bankrolls of the casinos have stayed the same in BTC or even increased, so the turnover is a smaller percentage of bankroll.

Good point, that's why looking only at profit expressed as percentage can be very deceiving without taking BTC price into account. 0.5% gain can be much higher than 5% a year ago (in USD terms).

The gambling in bitcoin could possibly be investment but the risk of her too big because gambling not was guarantee will always got advantage it also bitcoin is not good because it will give negative effects for people who gambled

Jesus Christ. Even adjusting for poor English, this post is pure spam and nonsense.

[mrcash02]

Week 19  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher.

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

Maybe so... I also have seen the profits in traditional casinos have stagnated.
Or people are really betting with AltCoins as you say, or they are betting at casinos we can't invest. 

[ethereumhunter]

Week 19  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher.

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

Maybe so... I also have seen the profits in traditional casinos have stagnated.
Or people are really betting with AltCoins as you say, or they are betting at casinos we can't invest. 

I think today many gamblers using altcoin to bet because bitcoin price is really expensive and it is better to use bitcoin for another purpose. with altcoin, we can buy a lot of amounts and we can play gambling all day long although this is not a good idea to us. but since the altcoin price is down too far, we can use altcoin to try to make a profit in gambling games but I don't recommend to do this just to case the profit.

[coingamblingreviews]

Week 20  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-21-week-20-of-52

[MinerHQ]

Week 20  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-21-week-20-of-52

In 20 weeks overall you lost around 15% of your investment which is not so good. Betking performance is slightly better this week may be due to Bitcoin prices went down a lot, not because of Betking did a good performance.

Since Bitcoin transactions are slow and its transaction fees are high so many gamblers are preferring to use altcoins to gamble. That may be the reason overall profits from other bankrolls also not that attractive.

[michkima]

Week 19  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher.

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

Maybe so... I also have seen the profits in traditional casinos have stagnated.
Or people are really betting with AltCoins as you say, or they are betting at casinos we can't invest. 

I think today many gamblers using altcoin to bet because bitcoin price is really expensive and it is better to use bitcoin for another purpose. with altcoin, we can buy a lot of amounts and we can play gambling all day long although this is not a good idea to us. but since the altcoin price is down too far, we can use altcoin to try to make a profit in gambling games but I don't recommend to do this just to case the profit.

I just hate that he does not really reply on any of the message here but just keeps on posting his stats.

Week 20  Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-21-week-20-of-52

In 20 weeks overall you lost around 15% of your investment which is not so good. Betking performance is slightly better this week may be due to Bitcoin prices went down a lot, not because of Betking did a good performance.

Since Bitcoin transactions are slow and its transaction fees are high so many gamblers are preferring to use altcoins to gamble. That may be the reason overall profits from other bankrolls also not that attractive.

What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.

[pluMmet]

For those who like gambling may can be said as investment, but for those who didn’t like gambling not was investment, I do not mind gamblers then for me is not a gambling investment, because I think it will waste money just because it doesn’t have a good benefits