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Hi you guys, Just curious about how you guys feel about using Bitcoin vs local currency.

 

Hi Btcfitz, welcome to Askgamblers forum.  :hi:

 

There's already been quite a few discussions here regarding this BTC topic...

but personally for me, I'm only into regular currencies...no cryptocurrencies at all for me.

Why? For personal reasons.  ;)

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I love bitcoin and its getting stronger. I have a couple as investment but do not use them for gambling purposes , I gamble with normal currency.

 

I bought 5 bitcoins @ $700 a piece and now its standing at $1700 a piece and its growing, expected to reach $2000 or more by end of the of the year.

 

Also if you plan to invest, it cannot be short term or like a quick money making scheme.

 

Long term investment.

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Hi you guys, Just curious about how you guys feel about using Bitcoin vs local currency.

Hi BTCFIT!

 

Welcome to Askgambler's forum! 

 

What do I feel? I'm frustrated right now but in whole, I'm satisfied and contented. 

 

You know mate, the BTC price right now is unstoppable for its increasing price duration. There were up and downs because of volatility but still, the market price trend for BTC was positive for investors. I used cryptocurrency for years and I regret to say that I didn't wait to make the price go higher just like what's happening right now. If you ask, I invested some of my BTC and wait a time to make it 200%-500% of its price careful to not waste it. I have read a lot that experts believe the price of BTC will grow almost 1000% years after. 

 

In terms of the casino primary currency, I use BTC for the fast and better transaction and in this way you're like to make your BTC grow like investment it cycle. How about you mate? What do you think?

 

While I write this the price of BTC/USD is

 

$1630 --> 1 BTC 

 

Way to go!  :D 

 

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Hi Btcfitz, welcome to Askgamblers forum.  :hi:

 

There's already been quite a few discussions here regarding this BTC topic...

but personally for me, I'm only into regular currencies...no cryptocurrencies at all for me.

Why? For personal reasons.  ;)

Master Afi mate, do you invest in another type of currency? Or anything except online gambling? :hi: I knew that you're not a fan of BTC even if it was increasing over time.  :huh: 

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Master Afi mate, do you invest in another type of currency? Or anything except online gambling? :hi: I knew that you're not a fan of BTC even if it was increasing over time.  :huh: 

 

Hehehe...interesting questions there mate...  ^_^

 

Well, let me say it very briefly...don't wanna go into too much details...

 

I had my fair share of currency investments before...but no longer now...

I had my fair share of investments in Premium Bonds...but no longer now...

I had my fair share of the Share Market in general...but no longer now...

 

Now...I just want to have peace of mind and enjoy my games!!!  :lol:

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Hehehe...interesting questions there mate...  ^_^

 

Well, let me say it very briefly...don't wanna go into too much details...

 

I had my fair share of currency investments before...but no longer now...

I had my fair share of investments in Premium Bonds...but no longer now...

I had my fair share of the Share Market in general...but no longer now...

 

Now...I just want to have peace of mind and enjoy my games!!!  :lol:

Oh, so you knew the feeling of being anxious everyday? Lately, that was the worst feeling I felt while I invested from BTC the price got lower by almost $200 and I said "O well, f*ck" but now the BTC was alive like never before!

 

I believe that there's  a peace of mind for not investing in market good choice mate! 

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  • 1 month later...
  • 2 weeks later...

Many centuries ago...people were using coins for currency...the only way they know how back then...

then China introduced the world's first paper money and then every country followed suit...

now we have both coins and paper money to use.

 

Some years ago...a 'society' introduced cryptocurrency to replace all these coins and paper money...

the only way for 'them' to monopolise the world's economy and put an end to the current currencies...

with the 'powers' and 'influences' that they have, achieving this target over time now looks possible enough.

 

Nope...I'll never support that!  <_<

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Bitcoins will never be the future  :p

 

When Bitcoins take over the world's currencies, it'll be the end of this world and a real beginning for the New World Order...

yet most people don't even bother about all this...and what Bitcoins actually stands for!

 

All they can see is the profits that they can make...which is exactly what the 'owners' of this cryptocurrency wants...

one of their ways to monopolise and to rule this world...  <_<

 

Who are the 'owners' of Bitcoins? Nobody...that's what they say!

Who controls this cryptocurrency? Nobody...that's what they say!

Who keeps records, manages and even manipulates this cryptocurrency? Nobody...that's what they say!

What does Bitcoins represents in real value? NOTHING!!! It has nothing tangible of any value at all!

 

Yet millions of people believe in this thing that nobody owns, nobody controls, nobody regulates, and has nothing in real value???!!!  <_<

 

Oh geeees...just shows how 'smart people' with 'smart words' can fool everyone...

with just one simple 'flick' of the 'power switch' and all of Bitcoins and BlockChain goes off the air...

and where does that put all Bitcoin investments??? Gone in a blink of an eye!!!  :crazy:

 

Know that someone is in control of this 'power switch'...nothing exists for nothing!!!  <_<

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When Bitcoins take over the world's currencies, it'll be the end of this world and a real beginning for the New World Order...

yet most people don't even bother about all this...and what Bitcoins actually stands for!

 

All they can see is the profits that they can make...which is exactly what the 'owners' of this cryptocurrency wants...

one of their ways to monopolise and to rule this world...  <_>

 

Who are the 'owners' of Bitcoins? Nobody...that's what they say!

Who controls this cryptocurrency? Nobody...that's what they say!

Who keeps records, manages and even manipulates this cryptocurrency? Nobody...that's what they say!

What does Bitcoins represents in real value? NOTHING!!! It has nothing tangible of any value at all!

 

Yet millions of people believe in this thing that nobody owns, nobody controls, nobody regulates, and has nothing in real value???!!!  <_>

 

Oh geeees...just shows how 'smart people' with 'smart words' can fool everyone...

with just one simple 'flick' of the 'power switch' and all of Bitcoins and BlockChain goes off the air...

and where does that put all Bitcoin investments??? Gone in a blink of an eye!!!  :crazy:

 

Know that someone is in control of this 'power switch'...nothing exists for nothing!!!  <_>

 

Oh man, 

 

As much as I like your inspiring and informative posts and agree with these most of the time, cannot help but saying how much I disagree with you this time! :) 

 

Maybe you should do some read about crypto - currencies and the way these are operating, Bitcoin and Etherium mostly, and then we could talk again about it right. ;) 

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Oh man, 

 

As much as I like your inspiring and informative posts and agree with these most of the time, cannot help but saying how much I disagree with you this time! :)

 

Maybe you should do some read about crypto - currencies and the way these are operating, Bitcoin and Etherium mostly, and then we could talk again about it right. ;)

 

Hehehe...not a problem at all mate...I don't expect anyone to be believers anyway.  ;)

 

More read on these cryptocurrencies? Hmmm...well...I must admit I do not know everything of course...and I am aware of how 'secure' these cryptocurrencies are being operated. My question still remains...if no one owns these currencies, then no one should be able to regulate, control and manage all these transactions...but that's not the case.

 

Banks, Financial Institutions, and even casinos are supporting this cryptocurrencies...but who actually 'controls' these banks, institutions and casinos? The main investors of course...with their billions and trillions.

 

As more and more companies, institutions and casinos show support for cryptocurrencies, the more the public would be convinced.

 

Whilst all these 'believers' are buying and trading off their real currencies for 'something on air', the real cryptocurrencies owners are happily collecting and keeping all the real money for later use! There may come a time when these 'owners' own more than 75% of the total world's real currencies, whilst most others only have money on air...and that's when everything as we know it now will change!  <_<

 

Nonetheless, I don't expect anyone to believe me...but I'm only speaking out what is 'playing' in my head...  :p

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