Methods of growing your Bitcoin? - page 178.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: afriezalie on September 06, 2015, 01:07:41 AM

create faucet,

For me , creating btc faucets just now in today's bitcoin era is not profitable 'unless' you will make some convincing and interesting thing in your newly build faucet to make claimers back again. There are lots of high paying faucets out there and to be able to get your faucet on a claimers list , one has to build a faucet that is something different from the others. It requires much time and effort though but if you passed the trial stage you'll soon realized that it is worth it.

tennozer

sr. member

Activity: 322

Merit: 250

Bonus Claim Url: http://betonline.wager.bz

Quote from: aussielauren on September 06, 2015, 01:12:08 PM

Get money from signature campaign...then gamble all of it thats right all of it you'll earn loads what are you waiting for

You try to earn all of the week then loose all this hard work

But if you are lucky, you can earn some by gambling and just wish to be lucky.

jt byte

hero member

Activity: 994

Merit: 500

Quote from: aussielauren on September 06, 2015, 01:12:08 PM

Get money from signature campaign...then gamble all of it thats right all of it you'll earn loads what are you waiting for

I don't see any signature? Also this is your first post how have you earned?

aussielauren

newbie

Activity: 1

Merit: 0

Get money from signature campaign...then gamble all of it thats right all of it you'll earn loads what are you waiting for

Hopalong

member

Activity: 112

Merit: 10

Quote from: wxa7115 on September 06, 2015, 11:33:17 AM

Quote from: omahapoker on September 02, 2015, 09:05:58 AM

Quote from: lorylore on September 02, 2015, 04:37:39 AM

Quote from: mallard on September 02, 2015, 04:08:52 AM

Quote from: nydiacaskey01 on September 02, 2015, 01:39:43 AM

Quote from: wxa7115 on September 02, 2015, 12:51:23 AM

Quote from: nydiacaskey01 on September 02, 2015, 12:29:20 AM

Quote from: Ninjaskills on September 01, 2015, 07:43:42 PM

i can make money from gambling

you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins

Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.

don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea

If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.

I am not interested in growing my bitcoin through gambling,
But for curiosity what role has this house edge that you have mentioned?
How does it affect in your earnings in this case for long term

It means that out of 100 bets with 50% chance you will lose 49.5 bets and lose 50.5 bets when house edge is one percent.

At 2x payout you will have a chance of 49.5%, which is a house edge of 1%, not 0.5%.

I'm no pro, so someone correct me when i'm wrong.

This and that is why you need to push your winning percentage, in order to have an edge over the house. You also need deep pockets in order to withstand losing streaks; this is one of the reasons why people with a winning method eventually lose to the house.

Some of the games in a real life casino in which you can obtain a edge against the house are: blackjack, roulette and craps.

You can never get an edge over the house in blackjack or roulette. Only stupid people think that. In blackjack you can play perfect and lower the house edge. In roulette there is a fixed edge and no way to change it. Roulette is pure luck and nothing else.

If you want to have an edge and win because you are skilled you have to choose poker. Poker is pure math and if you play correct you will in in the long run. Gamblers dont do good in poker since they lack patience.

Craps use dice so it is pure luck there to.

Sites where you can play dice is also a waste of time and monney. Just throw away some money and save the time.

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

Quote from: manselr on September 06, 2015, 12:13:17 PM

Quote from: Falconer on September 06, 2015, 08:48:57 AM

Quote from: lorylore on September 05, 2015, 07:45:34 AM

Quote from: Falconer on September 04, 2015, 08:18:12 AM

Seems you have faced many problems by gambling in your past. Well I dont think to get out from gambling since it never ruin my life, but your decision to stop gambling is a great choice. You have chosen best option in your life Wink

Good luck

It was a problem itself inside, you think that it doesnt ruin your life
But in fact it does, but slowly and gradually since you understand that.
If you think that I made a good choice then think also for yourself i think you need too Wink

Thanks, but I said its the best decision for your life, not mine Wink

The only thing that ruining people's life in gambling is the main motivation by them. If they really thinking that gambling is a source of money, well surely it will ruin their life. It can grow your bitcoin, but mostly cant make you be rich.

I like that you keep your opinion real about gambling even if you are promoting a gambling site. Some people change their opinion and start saying how gambling is awesome when they change their signature to some gambling website lol. Personally I think gambling should only be done with 5% of less of a monthly salary. And maybe, sometimes you can risk more if you are feeling lucky but never try to gamble again and again after lossing in a mad frenzy.

I wouldn't even put it at a percentage, just what you are okay with losing. Gambling shouldn't be a source of income.

manselr

legendary

Activity: 868

Merit: 1006

Quote from: Falconer on September 06, 2015, 08:48:57 AM

Quote from: lorylore on September 05, 2015, 07:45:34 AM

Quote from: Falconer on September 04, 2015, 08:18:12 AM

Seems you have faced many problems by gambling in your past. Well I dont think to get out from gambling since it never ruin my life, but your decision to stop gambling is a great choice. You have chosen best option in your life Wink

Good luck

It was a problem itself inside, you think that it doesnt ruin your life
But in fact it does, but slowly and gradually since you understand that.
If you think that I made a good choice then think also for yourself i think you need too Wink

Thanks, but I said its the best decision for your life, not mine Wink

The only thing that ruining people's life in gambling is the main motivation by them. If they really thinking that gambling is a source of money, well surely it will ruin their life. It can grow your bitcoin, but mostly cant make you be rich.

I like that you keep your opinion real about gambling even if you are promoting a gambling site. Some people change their opinion and start saying how gambling is awesome when they change their signature to some gambling website lol. Personally I think gambling should only be done with 5% of less of a monthly salary. And maybe, sometimes you can risk more if you are feeling lucky but never try to gamble again and again after lossing in a mad frenzy.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: omahapoker on September 02, 2015, 09:05:58 AM

Quote from: lorylore on September 02, 2015, 04:37:39 AM

Quote from: mallard on September 02, 2015, 04:08:52 AM

Quote from: nydiacaskey01 on September 02, 2015, 01:39:43 AM

Quote from: wxa7115 on September 02, 2015, 12:51:23 AM

Quote from: nydiacaskey01 on September 02, 2015, 12:29:20 AM

Quote from: Ninjaskills on September 01, 2015, 07:43:42 PM

i can make money from gambling

you can make money with gambling if you are 100% sure winner all the time, but if not, then it's not a good way of growing your bitcoins

Well you don’t need to win 100% of the time to be a winner in a real life casino, you only need to push the percentage in your favor to about 51% and have deep pockets to withstand some bad luck.

don't you think if its just 51% winning is just break even?
maybe 75% wins that will make money
but again, it's based on chance and luck. not my cup of tea

If there was no house edge, you should break even.
When you go to Primedice, you should notice that at 2x payout the win chance is 49.5%. This is because Primedice has an 0.5% house edge, and this is why it is not profitable to play Primedice in the long term.

I am not interested in growing my bitcoin through gambling,
But for curiosity what role has this house edge that you have mentioned?
How does it affect in your earnings in this case for long term

It means that out of 100 bets with 50% chance you will lose 49.5 bets and lose 50.5 bets when house edge is one percent.

At 2x payout you will have a chance of 49.5%, which is a house edge of 1%, not 0.5%.

I'm no pro, so someone correct me when i'm wrong.

This and that is why you need to push your winning percentage, in order to have an edge over the house. You also need deep pockets in order to withstand losing streaks; this is one of the reasons why people with a winning method eventually lose to the house.

Some of the games in a real life casino in which you can obtain a edge against the house are: blackjack, roulette and craps.

smith coins

hero member

Activity: 504

Merit: 500

Quote from: lahm-44 on September 06, 2015, 09:54:11 AM

I am thinking to learn some skills with the bitcoin system like I already learned a lot of skills like operating systems and web developing skill...and I think if a guy learn it and start their our business with that then that will be a good way to earn

That is the point, but it does not only increase your bitcoin but also out of bitcoin like cash money, and you can be hired in office. And from savings you can buy bitcoin and hold for a long time.

lahm-44

sr. member

Activity: 336

Merit: 250

I am thinking to learn some skills with the bitcoin system like I already learned a lot of skills like operating systems and web developing skill...and I think if a guy learn it and start their our business with that then that will be a good way to earn

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: lorylore on September 05, 2015, 07:45:34 AM

Quote from: Falconer on September 04, 2015, 08:18:12 AM

Seems you have faced many problems by gambling in your past. Well I dont think to get out from gambling since it never ruin my life, but your decision to stop gambling is a great choice. You have chosen best option in your life Wink

Good luck

It was a problem itself inside, you think that it doesnt ruin your life
But in fact it does, but slowly and gradually since you understand that.
If you think that I made a good choice then think also for yourself i think you need too Wink

Thanks, but I said its the best decision for your life, not mine Wink

The only thing that ruining people's life in gambling is the main motivation by them. If they really thinking that gambling is a source of money, well surely it will ruin their life. It can grow your bitcoin, but mostly cant make you be rich.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

Quote from: n2004al on September 06, 2015, 01:19:27 AM

Quote from: afriezalie on September 06, 2015, 01:07:41 AM

create faucet,

Sorry but I don't get how can be earned money creating faucet. As I know faucet give money in continuation (very few but give money). In which way can have profit the owners of faucets? Can you share with us this mystery please?

I'm not sure if it is you...but if so you seem very doubtfull about everything:
(sorry if you are not the one who wrote on my other topic)

if you see that someone promises...you are doubtful
if you see that someone give than you are doubt too.

the answer is the same than on my topic:
The hope of income:
you give....
people come...
you or your sponsors hope to make money...is simple as 123
suppose i will sell a appartment (it's an example)
In my mind I plan a budjet on $50 to tell it to 50000 people
so i can run a faucet to tell it.
if in the same time I have 5 other advertisers who pay me... for showing their ads...i can run a faucet and give away satoshi after each claim.
simple not...you have just to find the sponsor or be your own sponsor (lol)

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: stuff0577 on September 05, 2015, 10:11:00 PM

Maybe invest it on software developments. like website, etc.... but you must first understand some ins and outs of it Grin

That's a good idea too, but better idea is to start learning your self and make a team and earn money.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: afriezalie on September 06, 2015, 01:07:41 AM

create faucet,

Sorry but I don't get how can be earned money creating faucet. As I know faucet give money in continuation (very few but give money). In which way can have profit the owners of faucets? Can you share with us this mystery please?

afriezalie

sr. member

Activity: 364

Merit: 250

Right now, i can get a huge profit from trading because bitcoin price go higher on this week.
There are some ways to grow your bitcoin like trading, exchange, signature campaign, freelancer skill, create faucet, and you can gamble your bitcoin ( high risk )

ajrah

sr. member

Activity: 350

Merit: 250

Quote from: erikalui on September 05, 2015, 03:27:17 PM

Quote from: ajrah on September 05, 2015, 01:07:00 PM

Quote from: erikalui on September 05, 2015, 01:01:21 PM

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

I think the risk started when we trusted using bitcoin. We know that anytime exchange rate maybe up to 280 few hours more it will be 220 but we still keep BTC

Yeah true but if we compare bitcoin and gambling, there is a vast difference between the two. Gambling soon becomes an addiction but bitcoins don't. Gambling is like you completely lose or completely win (in one trade/bet) while in bitcoin the person gets atleast half of his investment back. If the price falls from $280-$220, he atleast gets $220 back and if he waits, he may even earn profit. In gambling, it's not the case.

Actually I am addicted to bitcoins now and aren't we all? We are checking the exchange rate of BTC - USD more often than checking the current issues or story about our local currency. Do we post or have a forum about USD, VND, MYR, CNY? Maybe if we are into the business of foreign exchange but we're not, but we are very much concerned about the price of BTC-USD Grin

stuff0577

full member

Activity: 138

Merit: 100

More stuff will come.

Maybe invest it on software developments. like website, etc.... but you must first understand some ins and outs of it Grin

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: winspiral on September 05, 2015, 02:02:46 PM

Quote from: mrsalve on September 05, 2015, 01:46:30 PM

I would say buy low and sell high. It's one of the best methods giving that BTC don't plunger totally.

""I would say buy low and sell high""
this is not a method
this is the result of a good method.

I think predicting high or low in trading no one can do it is just a luck so if you buy for long term then you may get a chance to sell at higher but if you do it for day trading then you may end up loosing more.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

another good way is the casino bonus... or poker betting bonus... not strictly for btc also for $/€ ....
you can earn a good amount with easy task, (likewise actually 0,50 btc with a couple of site)....

then ok you have the same problem....
why not make a sort of list? (quote me and make an add!)

- betting (sport, dice, exchange)
- poker
- trading (binary)
- create a site related to btc (news, faucet, PTC/PTS)
- exchange (btc vs altcoin)
- signature
- buy / selling (virtual and real object)
- buy an activity related or not to btc...
- get a skill or an expertise and try to monetize in btc

This I think that are a first group of idea that you can use and improve for your self.
I give some ideas, maybe some one can "help" more...
A part of a pair things, related to btc, other way to grow your "btc" are the same to grow your money

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: erikalui on September 05, 2015, 03:27:17 PM

Quote from: ajrah on September 05, 2015, 01:07:00 PM

Quote from: erikalui on September 05, 2015, 01:01:21 PM

Gambling isn't a way to grow your bitcoin. It is very risky and if you can get a lot of profit in seconds, the next moment it's all gone. It's better to participate in signature campaigns and/or earn it by doing small jobs which earn a decent bounty like 0.1-0.5 BTC. Lending BTC also is a safe option to gain a decent interest of 10% or more in a week's time.

I think the risk started when we trusted using bitcoin. We know that anytime exchange rate maybe up to 280 few hours more it will be 220 but we still keep BTC

Yeah true but if we compare bitcoin and gambling, there is a vast difference between the two. Gambling soon becomes an addiction but bitcoins don't. Gambling is like you completely lose or completely win (in one trade/bet) while in bitcoin the person gets atleast half of his investment back. If the price falls from $280-$220, he atleast gets $220 back and if he waits, he may even earn profit. In gambling, it's not the case.

It isnt important if it is bitcoin or fiat money, gambling is gambling and the risk is 100% and being addicted is higher risk.

Topic: Methods of growing your Bitcoin? - page 178. (Read 453559 times)