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So, some people were meant to play craps and others blackjack. Some people don't have the stomach for a casino at all. I have played SatoshiDice and it's thri
by yebyen 13y ago
So, some people were meant to play craps and others blackjack. Some people don't have the stomach for a casino at all. I have played SatoshiDice and it's thrilling, I have never actually lost there, or if I did it was overtaken by winning. Still, I never bet anything like when I go to a casino. The bitcoins will still be there tomorrow.
By and large I have made a lot more money holding bitcoins and not selling them, than by gambling or actual market activities like trading or selling actual goods and services. I can't say I trust it, but when you take your first $50 and turn it into $500, only to spend it all on mining equipment that doesn't expect to make you 5BTC because other people are out there betting extra zeros, well hell, sometimes you gotta double down and make money.
I have no illusion that it's not a bit risky. I could also be paying bank fees. Today it looks like the last three years there has never been a bad day to buy bitcoins.