Bitcoin Forum
July 04, 2024, 07:20:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 [505] 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 ... 603 »
10081  Economy / Economics / Re: Passive Income on: March 10, 2017, 11:00:08 AM
Passive income means that you earn money basically without any sort of effort. Trading requires effort, signature campaigns require effort. In that regard, trading and signature campaigns do not fit in the category of passive income.
Yes, most of the time people do get confused on passive income with part time income. That is the reason they are considering signature campaign or trading as their resources for making passive income.

If you are not really sure about what passive income is, then this easy example will help you in figuring out > if something allows you to earn money whilst sleeping, then it can be considered passive income.
Yes, usually passive income requires some initial setup and some initial capital to be deposited/invested with it. From that we can get a regular income.

Real estate cannot be a passive income as it will get us some good money but only one time. Renting out would be the good example of real-time passive income generation method.
10082  Economy / Economics / Re: Finanacial System on: March 10, 2017, 10:25:17 AM
What are the threats for financial system from bitcoin?

For me bitcoin is giving us a way to financial freedom in the long run, by simply keeping some of bitcoins because it is unregulated decentralization, which means we are the one, we are the key also to make our savings be in progress someday once the price increase like a skyrocket going to the moon. Grin
Yes, I am also not finding any threats from bitcoin to individual people's economy as well as for a nation's. Bitcoin is just a payment system like what the had in the past like Liberty reserve or currently what we are using like Paypal. Additional to these payment systems, bitcoin has some unique features that does not mean bitcoin will disturb financial system of the country nor an individual person.

People are finding financial freedom by saving bitcoin. I believe this benefit from bitcoin will be available for every person for at least next hundred years. So, there will be no meaning of suspecting about bitcoin's potential and features.
10083  Economy / Economics / Re: Difference of Trading and Investing? on: March 10, 2017, 08:43:58 AM
Guys sorry for this question above but I would like to ask here that

[siz e=20pt]What is the difference of Trading to Investing?[/size]

though I know that I can search it in google but I want an answer from those people who have already experienced this two.
Thank you.

I hope you can help me in my confusion..
In my mind, trading is more about shifting funds around from various currencies to ride different changes in value. A lot of people do it just between USD and bitcoin, but there are lots of other currencies too, stuff like euro and altcoins.

With trading, you have to keep a pretty close watch on your money. Sudden changes in value mean you can lose a lot, but it also has potential for huge gains too. Investing is just putting your money somewhere with the expectation that it’ll grow in value.

You can do that with stuff like gambling site bankrolls and investing in businesses. Investing is usually very stable returns, but you’re not going to have any huge windfalls. However, remember that trading is done through exchanges, which are usually very reliable. With investing, you have to trust some other company to not just steal your money.
10084  Economy / Economics / Re: Good picture to explain the ETF situation on: March 10, 2017, 07:27:27 AM
Also remember that there are more ETF comming. If its not the Winklevoss, someone else will get it.
No doubts. Again it is matter of time. If Winklevoss will find their success with their applications, there will be more companies will be interested to issue their branded ETFs on bitcoins. We may see $3000 or $5000 levels in coming months in those cases. Or by end of this year. No big differences.

It is best to sell half of your bitcoin and hold half on situation like this.
What would be the point on the situation of ETF gets approved and only your half of bitcoins in the race ? I have arranging external funds if I will be getting buying opportunities below $950 price levels. Same way I will buy more above $1600 levels.
10085  Economy / Gambling discussion / Re: What is better? To gamble or to invest? on: March 09, 2017, 06:52:34 PM
At the same time when you are choosing your investment with highly reliable opportunity, then you will get a regular returns for the money you invest in a passive way.
Yes investments will bring you opportunities to earn in passive way still it would be too hard to find out realible investment opportunities. Because from cloud mining to gambling sites, there are a lot of scams are happening and we need to be very much careful when choosing them.

After few bitter experience with my investment attempts, I have decided to stay away from any type of investment and here gambling is the best option for me.
For me too, gambling must be the right option because sometimes I do get profits from a gambling activity and all the time I am just enjoying for the money I will be spending with a gambling.

Instead of struggling to choose the right investment options, just sticking with my regular job and earning decently with it and enjoying some part of those income into gambling is honestly giving me peace of mind for my busy lifestyle.
10086  Economy / Gambling discussion / Re: ANY STRATEGY TO WIN IN GAMBLING? on: March 09, 2017, 04:00:54 PM
I am also not successful in developing of an effective gambling strategy. Sometimes I do come up with one profitable strategy but it is not working all the times.

Now I am planning to have multiple strategies and trying with them in rotational. Like I will use one strategy and I will repeat that after one week or 10 days time. I have not tried this but going to have more than 10 different strategies and will use them one by one and let me see how it will be going.
I guess you got the point. Still just 10 strategies will not be enough.
You must work hard to find out at least 100 different strategies so that you will not repeat for at least three months. So that virtually you will be having a new strategy all the times and the possibilities of making profit would be higher.

I'm just suggesting this from my experience I'm not sure those hundred different strategies also will be a working idea.
Hey, please wait. Hundred strategies ? Are you sure ?
I just come to know there are this many strategies are available. I wonder how people will remember and apply those strategies or you people having track of these strategies documented ?

I guess three months gap for repeating one strategy will be too long gap. Just repeating within once per month also will be more than enough to have a successful gambling strategy.
10087  Economy / Trading Discussion / Re: Traders are pigs on markets on: March 08, 2017, 09:29:59 PM
When a trader buys he becomes bull and when we sells be will become bear. Then how can a bull or bear will become a pig ?

Price going up is bullish and price going down is bearish.
Prices will not go up and down automatically. It will be driven by bulls and bears. They are actual traders.

I believe you have misunderstanding how terms are being used in trading industry. If you closely watch you can read news like "bears dominated xyz market". It means sellers dominated.

Already we have two names for traders : bulls and bears. Hence there is no need of another new and inappropriate name.
10088  Economy / Gambling discussion / Re: Investing in casinos on: March 08, 2017, 08:29:48 PM
It's better to invest in website which is most trustful and with huge traffic but there is only one problem. There doesn't exist fair casino investment, I don't say that they will lie you but there is possibility to manually play and lost some money in order to don't pay profit to investors. On another side everything is fine but if you have huge amount of money to invest in casinos, it's better to build new one for you with perfect team of developers.

True, by investing in a web site that consistently is the best and it will definitely give you an advantage for us. Because sites that have consistently good is a site that does really sites engaged in the investment and not a scam. But it would be better to keep a distance to the site of the investment have not even 1 year old, because sometimes there are a few sites fastening consistently but after getting very large funds finally they scam
I was among the very enthusiastic guys who like to invest in those casinos. But friend with time I have learnt that almost all the casinos that take your investments are made to scam you at the end of their life span, I mean the site's life span. Tell me one casino that has a happy ending, I mean that has been closed and yet has no issues during its close.

You can see diceninja and a lot more who ended up scamming even though were running very fluently.
10089  Economy / Trading Discussion / Re: Do you use a bot for trading? on: March 07, 2017, 04:06:54 PM
I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.
Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings.
It is more important but actually you can choose between luck and skill and luck is something that would come to you if it has to. I believe if we can implement some skills in our gambling then that's much better. Sports betting is a classic example because there we can see the past records of the teams and hence bet accordingly.

Always I do prefer going for trading manually. Because, all the bots I have tried did not bring successful trades all the times. Now also I am looking for trading bots as I do hear they will automate some of our routine works like part of our research and analysis. But I will take the final decisions whether to trade or not.
10090  Alternate cryptocurrencies / Altcoin Discussion / Re: what about altcoin with unlimited potential supply? on: March 04, 2017, 09:47:55 AM
have been seeing the altcoins such as dogecoin, peercoin, reddcoin, which has unlimited potential supply, however, have been seeing them falling since the end of 2016.
Altcoins are always working as testing phase for bitcoins. These mentioned coins could be consider for what would have happened with bitcoins with unlimited supply. (Here we cannot be staying calm without remembering Mr.Satoshi and his fore-vision on how a new momentary system should be). I believe there will be more time before we can make any conclusion on the future of these coins. But as of now I am not seeing any demand for them to surge up again.

is the altcoins with that matter unable to sustain? why is those altcoin unpopular? Huh
Almost 90% of cyptocoins users cannot deny that they are adopting cryptocurrencies with speculations. But with uncaped coins, we cannot be sure how the future will be. In other words there would be no minimum guarantee too. I too doubt about their sustainability.
10091  Alternate cryptocurrencies / Speculation (Altcoins) / Re: My Speculation Thread (Charts and Analysis Included ;)) on: March 04, 2017, 07:17:32 AM
Damn, I got stopped out on both of my XMR and REP shorts.  I think something interesting is happening here.  Despite BTC's price surge the alts are going up as well.  Usually what happens is the alts go in reverse and falls in Bitcoin value right?  Well not this time.  Are we starting to see the great cryptocurrency bull run happen?

Please post your thoughts.
When new investors are entering into crypto world, typically they are being advised to invest like 50-50 or say 80-20 percents into bitcoins - altcoins. I believe new people are starting come in adopting cryptocurrecnies, that is the reason we are seeing all the coins are up surging.

When only some group of people (like Chinese traders in recent times) pump bitcoin prices, just to maintain the equivalent dollar value altcoin prices are finding downfall in terms of satoshi. In those times, we do get higher bitcoin prices and significantly higher altcoin prices.

Topping gold prices must be a great achievement by bitcoin, hence it is becoming a hot investment among all types of investors world wide. Now we can expect exponential appreciations for bitcoin prices and interestingly this time along with altcoins.    
10092  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dash or Ethereum? on: March 04, 2017, 06:26:50 AM
Ethereum has more going for it than Dash, Dash will rise is not sustainable and Ethereum and Bitcoin investors has learnt that over time, that rise like this is not sustainable on the long run. Another thing is that the space Ethereum is in there is no good competitor for  in smart contract but Dash will always be second to Bitcoin
Yes, Dash is being marketed by showcasing like being highly invested, it lost more than 25% in last 24 hours and now again being bumped. I just wonder how long they could keep it floating like an highly attractive instrument. In past, we have seen many of these but got dumped just in over night. I just like to stay away from these Dash manipulations.

Ethereum is more advanced project from the perspective of technology. It is relatively cheap and undervalued.
I am not finding these are to be true. ETH has moved up to this level for the advancements of technology they had incorporated for a cryptocurrency. It is valued for the technology as well as for the demand made through that technology.
10093  Economy / Economics / Re: why is it so hard to buy bitcoin on: March 03, 2017, 11:55:46 PM
I can easily buy Bitcoins through exchangers. I never had any problems with it  Grin
Problem comes for those who don't have much options left rather than meeting someone and paying them hard cash.
The problem in this trade is that you might come across serious legal problems as you might be dealing with a cyber crime branch's official and hence ending up either telling them everything or getting up screwed.

For those like me who have a lot of guys taking e-wallet money which can't be traced its simple as hell to buy and sell bitcoins.
10094  Economy / Economics / Re: bitcoin provide income on line? on: March 03, 2017, 11:46:27 PM
Some are not working but they have their needs because of bitcoin. Bitcoin provides income in online of many people who has their account here even not working in a company or etc.
I am one of those guys who manages his life and proudly the life of my family with the help of bitcoin only and alone on my shoulders.

There are numerous ways to earn and you just need to be spot on when that chance comes to you, like you see price of bitcoins getting too low then that's an opportunity since people panic and dump while you have to be wise and gain them as much as you can afford to risk.

You might also try jobs like coding/designing which I also do to earn bitcoins and sometimes even fiat mate,so online life is not that difficult as it seems to be.
10095  Economy / Gambling discussion / Re: Does the location affect when we gamble? on: March 03, 2017, 11:35:24 PM
It wont affect at all if you are a typical gambler you will find ways on how to play but for some specially if theres a law they will somehow hesitate to do so because they are afraid of being caught by the government but using VPN will surely help you out as long you are careful on your actions on playing gambling then there would be no problem at all.
Usually if you visit a site then there is nothing wrong and government won't take any actions against it unless they are sure that you played there which they can never prove. Basically we all search for things like "recent news" where we see offensive news also does that mean we are involved in that ? Does not makes sense.

Anyways coming to point, no gambling isn't effected by changing location or using vpn.
10096  Economy / Gambling discussion / Re: How do you know when to stop? on: March 03, 2017, 11:19:53 PM
The only thing that could REALLY help him is HIMSELF. An addicted person can see what he is doing, understand what he is doing and know what he is doing so he should know the right and wrongs of his actions. If it affects the relationships that the person has and delays everything with his priorities, then probably corner him into treating himself. If he doesn't want to, then don't help him anymore unless he's a family member.

Everything comes from within and if people are foolish enough to let gamble then let them be. People dont need help from anybody to wake up from their foolish call. Those kind of people need to stop gambling as they are definitely going to ruin everything, those kind of people are the one that actually post up shit on their losing streak around here
I think these people are getting too much amusement and entertainment from gambling that is why they do not understand that how to stop if they are losing their wealth at there. In this case I think they need our help we have to suggest them some beneficial ways for living without any lose.
They are not having any entertainment that I can guarantee you because I have been gambling myself and sort of addicted but I till to date today never had a single moment where I had fun with gambling rather I was either happy or sad and 99% of the time tensed for the result of the bet I made.

The problem is that people don't know when to stop because they don't know what their target was when depositing, once they realize that target and reach it they will stop.
10097  Bitcoin / Bitcoin Discussion / Re: What are the biggest mistakes you've done with Bitcoin? on: March 03, 2017, 11:08:00 PM
Losing big amount in gambling. Often used to make decisions of spending little on gambling events.
Not just you, probably more than 50% of bitcoiners would have experience some bitter days with gambling. Some of them will mark those as their biggest mistakes. Because out of greedy no one will control themselves from gambling and thus from gambling mistakes. If we are not experienced gambling after knowing bitcoin that must be a very big achievement imho.

If loss is experienced at the beginning gradually to earn the lost amount used to increase the betting amount. In such manner lost much.
In near past when I just earned a few I have waste a lot of the at different sites having not enough knowledge and in search to make it more and more but this is very helpful for me and taught me a lot of things now I am pretty much experienced and have a lot of knowledge about all the sites on the internet associated with bitcoins.
10098  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption in Africa: Bitcoin solving problems in the country on: March 03, 2017, 10:45:59 PM
I think bitcoin is ideal for developing countries. It offers alternative forms of payment at much lower costs and for any amount. Micro loans are rapidly growing across the African continent, helping small businesses get up and running. I think bitcoin is a tool that can be utilized to make these businesses keep their costs down. If adopted and used properly, it can certainly propel many countries forward.


Bitcoin would be great for countries in Africa. There's a huge amount of government corruption in those countries, as well as exploitation of the population by people who are in high levels in the government. Using Bitcoin would be a great way for the people to protect their money.
Yeah I think bitcoin is a good idea for the people of all developing countries. They can also use it for the investment and trading purpose. As we all know that the economy of the developing countries and their currency is very low as compare to dollar or bitcoin so, it is the good platform for them to make money with their skill set.

When those people are planning up bitcoin based business for their local people, the success rate would be relatively high and I believe this forum will help them on setting up business too.
10099  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: March 03, 2017, 09:44:51 PM
the governments are supporting their fat so they will not leave fiat to be destroyed and bitcoin is also not a threat to fiat but it will only bring some convenience in the financial system.
True, government will not sit ideal while the bitcoin becomes powerful and takes over the currency market, but I also think that it is not a threat it is more of an idea for governments and banks to learn from this new technology and apply it to make digital fiat similar to bitcoin that we can all use it freely.

People will transact their money to any part of the world without any hurdle.
This is the point where government will be worrying as it might lead to money laundry at any point of time. Still government will not be having any choices other than just watching how bitcoin is booming.
10100  Economy / Economics / Re: Is Paypal a scam? on: March 03, 2017, 09:28:53 PM
Some of the people who have money took back by Paypal have violated their accounts or are otherwise engaged in illegal activities. I have used PayPal for 1 year and it's not bad, after I've used it to purchase my products I can always be guaranteed that I can return them, after they came broken or in a bad condition
So I have a sufficiently long time use paypal and never had any issues and problems, and all the things that they are trying to tell the negative, is nothing but a fairy tale.
Well initially I was using PayPal for all my online transactions and I thought that they were becoming very slow and there are some of my friends who got their hacked, so I thought why not change to bitcoin, since it is fast easy and can’t be hacked.

I was right for a while until now, when the transactions are becoming slower, it is the same situation all over again. Still I'm having the belief, bitcoin will be restored how it was quicker in the beginning days. Expecting those days again.
Pages: « 1 ... 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 [505] 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 ... 603 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!