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10001  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: November 15, 2016, 04:24:48 PM
Well I would not say "Everyone" rather say that it will increase in popularity and will be accepted by a more bigger population gradually causing increase in prices and then more merchants can integrate it into their stores and sites. More and more people using it does not necessarily include everyone but many people.
10002  Economy / Gambling discussion / Re: Do you believe that win in gambling is depending on your luck ? on: November 15, 2016, 04:21:49 PM
In my opinion Gambling at casinos = Pure Luck.

Hence I dont think we need to "think" on this issue. It is a well known fact that it is based on luck. However for the sports betting and the poker games we need skills and knowledge.
10003  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: November 14, 2016, 10:45:16 AM
ICO's investment of the project altcoin I think is pretty good. lately, I saw some coins success and they benefit greatly. but you still have to be careful when choosing a good coin.
ya right, ICO's project looks very nice. Possible price of the coin would be very expensive for the next few months.


Of course all ICO's look very nice and worth investing. But in the recent days there has been several scam ICOs which were simply pump and dump schemes and they stole people's money and run away. Do proper research on them before investing. You never know if the price will really end up like bitcoin's price or go down.
10004  Economy / Trading Discussion / Re: The Best Time to Become a Trader on: November 14, 2016, 10:42:28 AM
First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading.
the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic.
I think everyone must have understood about this. and how long? It's short in my mind.


I totally agree that most of the traders are not trading patiently they just want immediate profit and if they see small loss they just close the trade. Then they shout trading is waste

Exactly, trading is about patience and nerve. If you are panicky, then recommend you never try trading at all. Only those people who are never influenced by any FUD propaganda and/or huge fluctuation in prices and a steel-strong nerve are the ones who survive trading and make money from it.
10005  Economy / Gambling discussion / Re: What is your reason to gamble? Fun or profit? on: November 14, 2016, 10:39:30 AM
Most people gamble for profit - it is the hard truth.

Maybe they try to cover their addiction because they are ashamed of it and say that they do it for fun. Seeing people become beggars or a single person in a thousand beggars win a jackpot is not "fun" in gambling.
10006  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: November 14, 2016, 10:34:08 AM
Best sources of bitcoin are hereby listed by me, according to my preference and the revenue they generate:

1. Buying bitcoin using fiat
2. Mining bitcoins if it is feasible for you
3. Trading and altcoin mining
4. Investing in Bitcoin casino Bankroll
5. Selling services in Bitcoin payments
6. Signature Campaigns

Have fun making some bitcoin and watch your wallet expand Grin Grin
10007  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: November 14, 2016, 10:30:42 AM
I think yes bitcoin is the future money. Currently it is getting spike in acceptance - which is important for the prices to rise and traders to invest more in it. Gradually more merchants will accept the coin and it will be used by maximum number of people with all types of articles. So yes the future of money is here folks Grin
10008  Economy / Gambling discussion / Re: is gambling worth to try for newbie? on: November 14, 2016, 10:22:49 AM
I don't think that it is a good idea to be gambling as a newbie in the bitcoin world. First off you may get scammed as you are a newbie and you don't know who are to be trutsed and who are not to be trusted. Also newbies often think of gambilng as a way to earn money when it is really the best way to lose money. Long term gamblers are the ones that have the highest chances of getting bankrupt.

Yes a newbie is never encouraged to try something that needs huge amount of luck. In case they are veteran gamblers then its okay otherwise gambling is a loss of newbies. On the other hand they should try to work around the forum and learn more about how to earn from the forum. They can try helping people in the forums and start to offer services for bitcoin. Gambling will only lead them to bankruptcy if they are not careful hence it is not recommended.
10009  Bitcoin / Bitcoin Discussion / Re: Where to Invest BTC? on: November 14, 2016, 10:19:52 AM
You can invest it in trading, gambling, ponzis, or some type of investments, etc. Just remember when you invest you take the risk of it whatever it is. And you can only blame yourself if you lose  money from it. Either they scammed you or you just ruin on what you are doong.

Trading is a good investment. But gambling and ponzi are not. Again investing in a bitcoin casino bankroll is a good choice.

In cas of gambling you need a sheer amount of luck to get a decent cashout. Ponzi schemes are bound to fail and are never encouraged to join. Also magic doublers and HYIP schemes are all scam.
10010  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: November 13, 2016, 03:58:47 PM
Holding bitcoin for a long time is both good and bad. It is good if you have plan or target price to sell it. It is bad if you just hold it without having a future plan for it. You don't have a target price to sell it. You just want to sell it at a very high price but no on one can say how high it will be.
A target plan is always necessary for all of us, once we are holding we should have a definite target for us to be able to do the right timing. We should always be careful with our greediness as when we see there's a big price increase we think that we will earn more but not really, what if the price crashes hard?

I think a target price is important but investors should not be very firm about it. If they see prices increase then start to sell it but dont sell it all. Make sure to hold it, you never know which is the highest point of increase. If you sell out small fractions as prices cross your target price you can keep gaining profits. Even then make sure to have some spare capital left so you are not empty handed after the day.
10011  Economy / Marketplace / Re: How can we encourage local businesses to accept BTC? on: November 13, 2016, 03:54:27 PM
Where I live for an example, very few people heared about Bitcoins. But they aren't interested on it anyway, they will say it's a hard method to earn money, or that it's a fraudulent method to earn, bla bla bla... So, I just go by myself and don't lose much time with others. Some people are living on old days yet, they don't want to see the real benefits the internet is promoting to us with BTCs.

Its not their fault actually, they have never changed their way of life until now so it would probably be hard for them to accept a change in their way of living which is accepting or using bitcoins, that is the reason why it is hard to convince a community or an environment about bitcoin and promote a business regarding bitcoin infront of them.

It will take much long for bitcoin to make a certain impact on people's lives and then you may expect people to accept it more. However I think people are very cautious about their money and dont really trust the coin much due to previous attempts of ponzi scams, scam cloud-mining sites and other illegal stuff. It is difficult since the first impression has been bad and will take some time and effort to overcome.
10012  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: November 13, 2016, 03:49:48 PM
You should invest a certain portion of your earnings into bitcoin which will be your capital. Investing everything into bitcoin is suicidal. The prices can fall and you can end up with huge losses. Going all-in is never a good option, rather seems to be a desperation. Its better to invest portions into in and then reap profits from them.
10013  Economy / Gambling discussion / Re: Who can tell that when our luck come to us? on: November 13, 2016, 09:11:31 AM
I can tell you that luck never does, because there is no such thing. It is all pure mathematical probability with us giving some prefferences and taking one thing into consideration more than other. It is due to our mythological (partly) way of thinking.

No dude, luck is there but it doesn't support everyone all the time. It comes and goes, but we don't know when.
But when it comes and we know that it's with us and we do the right part at the right time, we will win at any cost.

Luck has the bad habit of slipping past our hands when we need it the most Grin and shows up all of a sudden as well. If you think rolling a low probability roll is luck then you may consider it comparable to mathematical probability however in casino gambling, its hardly the fact since it is your greed that makes you roll and lose, sometimes getting lucky and rolling a big win. Grin
10014  Economy / Gambling discussion / Re: MY gambling strategy to limit loss and make btc on: November 13, 2016, 09:07:46 AM
Any method or strategy is bound to fail in real life. Why? because the maths is based on some assumptions that are rarely true in real life.

In general if you find any strategy useful, dont overdo it. Use it to make some wins (and loss) and then cash out while still on a green streak. If you keep on betting you are bound to lose. In other words, dont get greedy and depend on the method fully while your common sense and responsibilities are overlooked.
10015  Economy / Gambling / Re: Investing in btc casinos on: November 13, 2016, 09:01:49 AM
The house edge in casinos makes the winning chances lower by X%. This helps the casino to in theory, gain profit over the long run. However, investments in casinos has various risks. Whales make suddenly wipe a huge percentage of the bankroll and decrease your investment significantly. If the investments increases afterwards, your share of profit becomes lesser and it is harder for you to recover. If a hack were to happen, it would be hard for the casino to compensate for your loss.

A big whale can wipe away a lot of the bankroll but that same whale can lose a lot as well. In general the greed of people along with other emotions are exploited by the casinos. If that same gambler keeps on gambling while still in that situation of winning big then they will surely lose at some point. It is worth the risk in my opinion and even if does not, nothing in this world comes good if you dont risk it.

As far as a a casino getting hacked, its not in our hands to stop that from happening. Still people should do research before investing.
10016  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 13, 2016, 08:58:22 AM
Anything that allows you to win money easy way you will try even just one time, the human does like challenge and rewards, and if you mix them you will get the result, the potencial earnings anyone can get at gambling make us believe we will win those someday.

People want money for free, its as simple as greed. Everyone wants free money even if that is by rolling a few dice or spinning slots. Most of them dont even understand that they are losing more than what they win. Also the tempting advertisements and the hope to lead a more happy and rich life attract potential gamblers and get them addicted to it.
10017  Economy / Trading Discussion / Re: Best Investments on: November 13, 2016, 08:56:21 AM
Best investments are bitcoin itself since the price will rise in future even more. Other than that you can try altcoin mining and altcoin trading. You can also try investing in a casino bankroll if you are not a panicky investor. Also trading is a good method but then you must have the nerve to not panic when prices fall and take wrong decisions.
10018  Bitcoin / Bitcoin Discussion / Re: What does a President Trump mean for Bitcoin? on: November 12, 2016, 08:48:24 PM
Do not ever expect a government body to help bitcoin or in that sense any crypto currency in near future. Bitcoin is hurting the banks and the black marketers a lot and they are the ones trying to spread FUD about it as well.

Trump belongs to this category as well and any other government official of any country. Their talks of supporting bitcoin and blockchain based technology are simply "Vote Collecting" techniques.
10019  Economy / Gambling / Re: Primedice | Most Popular & Trusted | Huge Community | Free BTC on: November 12, 2016, 08:43:39 PM
After months and months of Mod suggestions and bugs being reported, and have most of them completely ignored by the Admins and Devs, along with 0 communication from Stunna, as well as a mute issue I've been complaining about for months and have mentioned to the Admins more than a dozen times with thorough explanations, I decided I'm leaving PD for good.


As much as I used to love this place, it's been in a steadily heavy decline for me in the last 6+ months, and I've finally had enough.  I shouldn't have to put up with such unprofessional behavior and observer most of the Mods' suggestions and bug reports ignored, especially when none of us ever get compensated for it.  I know I'm not the only Mod who feels this way.

Goodbye everyone, and good luck with your future endeavors.

~Randall


Randall, personally I have missed you alot, please why not have a rethink and try and leverage with them so they can at least see reasons with your observations. I really need you back Bro. Juniorokogun

I think this is a personal decision and it would not be justified to try to drag him back from something which he has left even after consulting, debating and thinking a lot. Randall has been a good Mod and a good person as well.

His decision is well justified and I would stand by his decision as well. Good luck to you too Randall on your future endeavors as well. Smiley
10020  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 12, 2016, 06:18:30 PM
Obviously there are many poor countries where we can see unemployment on extreme level so in those areas if these people try to adopt bitcoin then definitely they could make a handsome profit our of internet. and if they try to start trade with their lowest available money then also  they will be able to earn some good amount of money and will be able to spend life like rich peopl, take an example of myself. Just kidding well i earn $25 in a month through bitcoin.

I agree with your point. I am from a third world country and currently studying. Hence in my free time, bitcoin earnings help me to accumulate some coins as a passive source of income. As long as I dont waste time on this forum my main work (studies) is not affected much. Though from a poor background I can afford a laptop and internet and hence bitcoin collecting does help me get a side-earning.
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