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101  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: February 26, 2016, 12:40:17 AM
I don't think bitcoin will ever replace the US dollar.  That doesn't mean that I don't think bitcoin will last, I just think there's a place for both of them.

That's true the traditional and older generation would always prefer to use dollar and the younger generation would start using bitcoins, both will survive and both holds a great future ahead.

Yes but dollar is more popular and it will continue its stardom in future too, as I don't think that any crypto can replace a strong currency like dollar, hard to believe.
102  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: February 26, 2016, 12:38:25 AM
yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!
i think fiat will be not worthless. The price is too high for the currency

Fiat will always rule the world even if the price of bitcoin reaches the moon fiat will continue to show its power as the users of fiat are more and it will keep on increasing in near future too.

I Agree with you and what you said is true that the users of fiat are more in compare to moon and majority of them even don't care about the bitcoin and its value they would continue to use fiat as they are doing it since ages.
103  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: February 26, 2016, 12:36:37 AM
Its always good to hold one whole bitcoin in our digital wallet, but we are not sure whether it would be too big or too small amount to hold for future as we don't know what would be the price of bitcoin in future.
104  Other / Off-topic / Re: Do you actively spend your bitcoins? on: February 26, 2016, 12:35:04 AM
i agree whit that, we need to spend some bitcoins, it's good for all of us, this can mantain the market in a good value, wee need volume on exchanges
yeah if you continue to use bitcoin, for purposes such as purchasing goods or merchandise, it will help the bitcoin to survive and increasingly exist. keep spending bitcoin dude Cheesy



Yeah spending bitcoin is the key to success which would take to a new level when it comes to its value, keeping it idle is the worst thing to treat your bitcoins, so actively spend your bitcoins.
105  Economy / Speculation / Re: The future of Bitcoin on: February 26, 2016, 12:33:17 AM
The future of bitcoin is good for sure as we are expecting a major price hike after the halving and we are eagerly waiting for it, so just need to wait and watch what halving offers us.
106  Economy / Economics / Re: Will Bitcoin always be dependent on fiat? Is it? on: February 26, 2016, 12:31:40 AM
Bitcoin will always be dependent on fiat. Only if people were to completely accept bitcoin would fiat be rendered useless.

Yeah, and I don't see it happening in near future as the market cap of fiat is huge as compared bitcoin, so bitcoin would be surely dependent on fiat in future too.

There are chances if everything goes digital then we can expect that people would use more bitcoins as a payment method in compare to fiat, but that doesn't mean fiat will simply disappear.

That's true even if everything goes digital we would still find many users that would be dependent on fiat and they would continue to use fiat as they are using it since a long period of time.
107  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: February 26, 2016, 12:30:00 AM
Not selling you coins ever is the worst thing to do, if you are earning profits you should sell it and again wait for the price to fall down, do not hold your coins too long.
108  Economy / Economics / Re: Investing Bitcoins? on: February 26, 2016, 12:26:58 AM
Bitcoin is good when it comes to an investment, as it can give you good returns in short term as the price is too volatile so you can expect good returns on your investments.

There's also risks included when investing in something like Bitcoins. Only invest what you can afford to lose.

That's true mate, but if you want to make profits in short term then you need to take risks as you don't have any other option that can give you good returns in a quick time.
109  Economy / Economics / Re: How too get rich on: February 26, 2016, 12:25:30 AM
work hard and invest your money into stocks or bonds, and watch them grow slowly or get luck and they grow fast Cheesy , and keep on working for more money to invest.

Investing in stocks is something like investing your money into bitcoins, as you cannot be sure that you will get profitable returns in future, its too risky.
110  Economy / Gambling discussion / Re: What are your favorite gambling games? on: February 25, 2016, 02:15:02 PM
My favorite gambling games in cards is poker and blackjack as I find it easy and not much luck needed for it, but generally I would love to gamble on sports as I find it easy and have opportunity to win.
111  Economy / Gambling discussion / Re: Asia Cup T20 cricket matches discussions and predictions on: February 25, 2016, 02:10:45 PM
Well that is good opportunity for Sri Lanka to win this match against underdog UAE which is very weak and not have experienced players like Sri Lanka, Sri Lanka can't afford to lose this match because it desperately looking for good start into this event.

Yeah and it would be a major upset if Sri Lanka looses to UAE which is not that strong team, but its cricket anything is possible, so lets hope that we have some good excited match to watch.
112  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: February 25, 2016, 02:08:43 PM
Stay away from dice, slots and other instant winning games, like you can win instantly, you can lose instantly and this second option happens the majority of the time in gambling.

Try sportsbetting, where knowledge has a lot to do with your bet, for example, you know in a match between two teams,
Team A is playing Team B and team A is favorite on odds. You read the news and analyses in different websites(easy to find google) and see that team B that is not the favorite is missing 4 decisive players. Of course once you know this, you bet on team A with a lot of confidence and the majority of time in these situations team A wins almost always.

Thats the safe gamble, but no 100% safe gambling ever possible.

Nice advice there. I rely on dice games a lot but I have never been a fun of sports betting. I think I need to develop an interest in sports betting and learn more. I have realized that it is gaining popularity
Yeah indeed. But the safest method is by yourself. You should have control yourself and just dont play that much, that is not good.
I hope later that more people will understand that gambling is very bad and that they realize that it is all wasted money.

If people keep on winning they would never feel that gambling is bad, but when they loose they start hating gambling but don't quit, if you win you should stop at the same time and do not gamble again.
113  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: February 25, 2016, 02:06:31 PM
Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.
114  Economy / Gambling discussion / Re: How to quit Gambling for good? on: February 25, 2016, 02:04:59 PM
You need to make busy yourself in some other activities, like busy with job or spending time with friends and family, go for movies, dinner etc. and if actively do it then it will divert your mind from gambling for sure.
115  Economy / Gambling discussion / Re: Cricket match prediction discussions on: February 25, 2016, 02:03:12 PM
Today first match of T20 asia cup between India and Bangladesh.

Last asia cup India didn't quality for the second round and I hope this time will do better job and may even win the cup. In today's match, mostly India will win and start this series with good win.

Bangladesh won the toss and elected to field and India lost two quick wickets already just for another 23 runs in 5 overs. India should play slow and build partnerships first to put up good runs in last few overs. This will be very important match for them to win and keep there confidence level high. Hope they will recover from this early damage.
& IND scored 166 runs which(that) was anamolous(unexpected) for me. Pandya & Sharma played great innings there & this'd be a tough total for BAN to defend, I'd guess.

India scored a decent runs and due to rain , dew factor will be their in second innings, bangladesh lost 2 quick wickets now they have to build the good partnership like indian players played, their is 50 50 chance on both team.

India won this match by 45 runs. Indian really recovered well after that early collapse and reached decent score 166 runs and later there bowlers did really well to restrict Bangladesh to 121 runs in 20 overs.

Today the second match is between Sri Lanka and United Arab Emirates. SL will surely win this match without any trouble.

Indian bowlers did very good job to win this match easily.

United Arab Emirates is quite new team and SL is a quite strong team so I think SL may win this match easily.

India played really well in the first T20  match of Asia Cup and they will be favorite in this tournament. Rohit Sharma is still carrying out his form from the previous Series against Australia and Sri Lanka. Hardik Pandya is the surprise package for team India, thanks to Mumbai Indians for their discovery of Bumrah & Pandya. Waiting for the Big Clash on saturday ... India vs Pakistan, whay you guys think about this high volateg match.

Indian team is in great form at a moment, and they will continue their form, and one advantage Indian team would be having that they will be playing their second match of tournament and it will be first match for Pakistan team, so they might need time to cope up with the conditions.
116  Economy / Gambling discussion / Re: What Behaviors Lead to Gambling Addiction on: February 25, 2016, 02:00:17 PM
i think they start gambling for fun, and once they win something, they will like it, so they will gamble more and more, if they will loose money they'll want to win it back, til they'll be addicted to gambling

Very rightly said, if they win at primary stage, they feel that they can win more, and then turn up loosing, so after they loose they want to recover their loss and continue to gamble, and they gets addicted to it.
117  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: February 25, 2016, 01:58:17 PM
It depends on how you look at it. Some people sees gambling as a good thing. Because they won a lot of money with it.
But the most people see gambling very wrong. Because they lose a lot of money with gambling and that is very bad.

There are many people who are earning a living with gambling, but those are experts and big gamblers who have a good strategy and great level of experience in gambling.
118  Economy / Gambling discussion / Re: Why is gambling so addicting? on: February 25, 2016, 01:56:56 PM
Many people see gambling as a game. And I know it is very fun to do. But people are on this time very greedy and that is not good for their money.
They think that you can win some money and that you can be rich with it. But that is not true. You always lose more money than you win money.

That's true, the greedy nature of a person makes him addictive towards gambling, as he wants to multiply his money in quick time, and finally he ends up loosing everything.
119  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: February 25, 2016, 01:55:23 PM
No that is not true. I think that it is always bad to do. Or you just must lucky but that happens not so fast.
I think you will lose always more money than you put your money in. It is not good to gamble.

Yeah, gambling cannot be profitable for sure, as you would win for the first time, but in long run you would surely loose, so I don't think that gambling can be ever profitable.
120  Economy / Speculation / Re: The future of Bitcoin on: February 23, 2016, 10:16:35 PM
The future of the bitcoin is pretty bright, this is because of the halving is coming and more people are using the bitcoin these days, I even think its a matter of time before the bitcoin will be global with thousands of stores where you can pay with the bitcoin itself.
I hope the future will bring us a lot of benefits with the bitcoin.
Yes you're right. it has been seen with the current bitcoin price increase, slowly but surely. maybe someday you can redeem bitcoin wherever you want, just like the dollar today.


Yeah, that is possible but it will take a long time, but bitcoin as a digital currency has a very bright future for sure, as it gets more popular in future, it will be more powerful.
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