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10261  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 14, 2016, 05:32:54 AM
Depends if you want to make money or habe fun. Or try your luck at winning lots.
It is better to invest I'd you want to make money over a longterm that you can actually spend on yourself later. Ha!bling you probably will lose everything and if you gamble sometimes only then you might win.

But how you don`t see that gambling is also some sort of investment, you invest in your luck and your skills. That sounds much better then to invest in some site that promise you fortune and in long term this sites turn out to be ponzi schemes.
I will tell you one thing, gambling is like all other investments, if you wish you investment to bring you profit then you need to be serious, to have big money, in gambling you have risks, but already calculated. Its all in how you approach to your investment, how much informations you have and skills to use that for your profit.
I feel that when I was new in gambling, due to some kind of reading and listening with the videos posted on youtube that sports investing is what you called when you are skillful, I made an experiment but it does not workout well. We will know when we are in the game and have keep track our records, it's really hard to be a player but if we will just invest in gambling sites it would be easier.
if you find the good house for sure its really much easier instead of playing against them, you just needed to make a proper plan if how long will you place your investment because playing with the house will take sometime before you will notice good earnings.
Not a good advice, you cannot play the house if you like to beat them to make money, they have all the edge and it's their game. We have to be careful and just play for fun instead, only gamble when you have proven you are good in gambling but definitely not in a gambling sites that has a house.
10262  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 14, 2016, 05:30:32 AM
BIG YES!!!
Actually, I think that the major reason why Bitcoin was created is to help the poor people and also teach them to gain financial freedom. Many testimonials that from being a poor people, they became rich just by using Bitcoin.

If bitcoin could really help poor people, I think those people that knows the technology and really has access to internet, which is very common nowadays, however, there are still places which are not reached by electricity and internet, that means it will take time before they could benefit from bitcoin. though solar panels could help them, but it won't be enough to power their computer for the whole day.

You are right my friend! They need to have access first on the internet to before they can use Bitcoin and benefit from it. I hope that the people who already earned a lot from Bitcoin will organize charitable progprams to help those people who does not have any access to the internet and introduce Bitcoin to them and teach them how to earn from it so that they can earn a living from Bitcoin Smiley
                                                                                                                                                                                 
                                                                                                                                                                                 
I think Facebook has been experimenting on a prototype plane that can distribute internet connection through the sky. I don't know how they do it but I believe that they can distribute the internet to those remote areas or developing countries that don't have a reliable internet. If it would be implemented, then Bitcoin can help out these countries.                                                                                                                     
                                                                                                                                                                                                                                           
How can a bitcoin would help the poor countries? Let's be specific here, in poor countries infrastructures are not that fast and internet connection is only good in some limited areas, even though they can access with bitcoin but what should they do to be help then.
10263  Economy / Economics / Re: USD vs BTC on: November 14, 2016, 05:13:38 AM
If Dollar dies, everything dies. Simple as that.

Simple Logic: If bitcoin was better than Dollars, why does everyone freak out when we see a crash? If bitcoin was that good, you wouldn't give a fuck about the price drops right?
simple but correct answers from you because i could not imagine if someday dollar crash or even dies that will have bad effect to the most of countries in this world but if bitcoin dies or dropped there is no bad influence for the countries but crash price for bitcoin only have bad effect for bitcoin users that's why bitcoin will never beat dollar 
Yeah I agree with you both that bitcoin won't even pose a challenge to the usd in a very long time. although it may be that bitcoin will be widely used in the future, the dollar is far too superior than any cryptocurrency and I think that would be the same in decades to come. but I think not all currencies actually depend on the dollar here. it may be that the dollar is where most currencies base but not all are dependent on it.
I'm used to make the Internet a single currency, and then change the money for dollars and this implies that the dollar is more like it. Just a bitcoin is nowhere to go at all. In the neighborhood I do not know whether there is at least one store that accepts bitcoin. So the dollar is still needed.
The dollar is still more affordable than any other currency. So if bitcoin attempt to move the dollar from legitimate laurel, the world market in general will begin a revolution after the country will begin to pour their wealth.

That's the fact that people are more likely to depend with dollars as it is the most used currency and many local currencies are depending with it. But there is no need for comparison of bitcoin to USD for they are both important to all of us. It is just depending on how you will use those currencies and of course USD will always be used.
Exactly, USA is a big country and they have a good economy and I would not be surprise if majority of bitcoin users are coming from america. If US will intend to use bitcoin which I doubt then probably we will have a better economy as people will really adopt which makes the price to skyrocket.
10264  Other / Beginners & Help / Re: Where can i buy bitcoins on: November 14, 2016, 05:05:02 AM
There is a lot of safe and trusted marketplaces and exchangers where you can easily buy bitcoins. I recommend Coinbase, but as its not available worldwide you can use localbitcoins as well.
Buying in a local exchange is the most visible for me, I do buy bitcoin in our country's local exchange and we have like 3 local exchanges and it has never been a problem buying bitcoin. Our government is aware of bitcoin and they made sure an exchange site complies with the laws.
10265  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: November 14, 2016, 05:02:01 AM
people who are addicted sometimes they are difficult to awaken oneself from addiction. so they need help from the most important people in their lives or their loved ones. all the ways that you mention it will be useless, because this is a matter about yourself. if you really do have a strong determination to quit. in any way could be good for you.
I agree that determination is needed of a person who wants to stop gambling. The willingness to avoid will help him to prevent addiction. For me, controlling yourself is the main key to do and not to do. You can have the advices of others, but still you have your own mind to decide.
He needs to realize his past mistakes and make the good future as his inspiration so he could quit in gambling. It's not an easy job but it's possible, we enter in gambling and we do not do it well so we need to go out of our own.
Indeed away from gambling is not an easy job. With only aware of past mistakes I guess it's just the beginning, because in fact many people are aware that gambling is wrong but still a gamble because they may have an addiction to gambling. If someone is already very addicted to gambling will definitely need the help of people around to remind him to stop gambling. If it had been realized and there is help people around certainly if done in earnest to be able to stop gambling.
Learn from our experience and we will be fine in gambling, don't make a delay action as once you are addicted you will end up losing your money and even your time in gambling. You will only win sometimes but still you will turn over your winnings in the end. It's okay to gamble if we can control but if not we have to quit the soonest.
10266  Economy / Economics / Re: Is it better to save money or invest it? on: November 14, 2016, 04:57:44 AM
Invest it but, wisely.

Saving money just devalues your assets over time due to inflation.

To stay ahead of the value of your assets you need to continue to grow the value.

Plain and simple.

This is true.  Fiat money inflation depreciate the value of the money you are holding. So if you hold or save your money for 10 years, the current value will not be the same for the next 10 years.  This is the reason why most of financial gurus advice us to invest our money in order to beat the depreciation of our money value.
Yeah investment will help in growing our money in long term which is never possible with saving as inflation will eat all our money and will decrease the value in future, no doubt investments are risky but with proper research that risk can be minimized in order to receive good returns on our investments.
It will help your grow your money and there's no question about that, everyone should know how to invest and must be willing to take the risk. Both are good but investing is better if you aim to have a good financial standing in the future, you have to play your card if you want to be successful.
That's true. If you're looking to gain your money you have to invest it and work for it.. it's risky and need to focus on.. saving money let only make your money sleep in a bank and nothing happens they may some interests but not too much as compared to investing it.
Saving money is different from investment, when you save that should be enough for your future expenses and possible emergencies in life but you cannot save put all your money into the bank as it will just inflate its value, you need to learn how to invest if you want a comfortable life in the future.
10267  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: November 14, 2016, 04:54:08 AM
maybe if use system like bitpay,people no need to wait to transaction get confirmed, and it can be used for online shopping that use bitcoin. after we send and bitpay detect it , the transaction would never go back right?
It's irreversible here, so it's a yes. Therefore we should be very careful with our transacting party as the moment we send that amount and we wrongfully send to a wrong bitcoin address we will never recover it as we are also anonymous here and it's hard to trace who that person you send the money.
10268  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: November 14, 2016, 04:40:09 AM
You're only covering one side of this, what happens if Bitcoin crashes? There's never a reasonable price to sell at because you simply don't know what the price of Bitcoin is going to be in one year from now. Will it be a fraction of what it is now? Will it be doubled? Use Bitcoin, meaning buying and selling, as you please. Don't expect fiat currency to crash in the near future and for the world to start using Bitcoin.
If it crashes then your money is gone, you cannot save it anymore because you are too greedy waiting for nothing, there's no guarantee bitcoin will be more popular in the future although the trends tells it so, there still a risk and as an investor you must know when to sell your bitcoins.
10269  Economy / Gambling discussion / Re: What do you spend your gambling winnings on ? on: November 13, 2016, 12:53:36 PM
I havent spent any of my winnings on anything yet. I keep reinvesting my winnings into my bankroll so I can keep betting bigger and make exponentially more profit.
you should aware about how the casino always win over you in the long run.

doing what you say to keep reinvesting everytime you earned profit without spend it to just enjoying it for a while are a bad idea for me personally. gambling can not earn you profit for long time , so enjoy it while you can.
I think what he did is a good idea, investing in a bankroll of a casino is always worth. The principle would always be application, house always wins and they win in the long run, that would simply mean you are in profit if you do.
10270  Economy / Gambling discussion / Re: What is your gambling strategy on: November 13, 2016, 12:47:15 PM
My gambling strategy is that don't bet too much just bet in small amount and just enjoy of what you are doing. Don't put all your allowance in gambling so that in the end you will gonna blame yourself.  Grin
Your strategy will let you minimize your loses but will never give you a great win. Anyway, it's good to be playing safe in gambling as we never know when our time is up, it's hard to rely in gambling especially if you are thinking that your strategy would work and will bring money.
10271  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 13, 2016, 12:37:53 PM
It is not bad to gamble of you do it for fun or just using your spare money. Also investing is not good if you invest all your money into it. When emergency happens you won't have something to spend because you invested it all.

Gambling is not so bad thing itself that are we who made it terrible because of greedy nature, if we can keep control on our emotions than we enjoy this into god way there to make fun, investment is also good option when we think the house is better place to make grow money with the help of it.
That's our negligence that cause us to suffer because of gambling, we have to be responsible in gambling to be able to play it right. By accepting that reality that we cannot win in the long run would help big,  and we will not be able to chase for our loses that would minimize the risk.
10272  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 13, 2016, 12:33:03 PM
Yes, bitcoin can help poor countries if people there can be train into bitcoin trading and mining with all necessary facilities.

Yeah, exactly, we should accept that bitcoin can help the poor countries not too much but sure. Think about it, now why we are here? because bitcoin give us money and it is online good opportunity to earn money. That's why we are still working with bitcoin and investment in it and also trading help us.

It is going to be a helpful tool to make those poor countries have their very own good source of profit. But the reality is those poor countries doesn't even have something to pay for their food. We can just easily say that bitcoin can be a good help to the poor countries but we need to consider these things.

# No internet.
# No computer.
# Language barrier.
# Zero understanding of tech.
# Old telephone with zero usable functionalities in this regard.
# No time for nonsense as they have to work real hard in order to just feed their family.


It's really hard to help the majority, only few of them will be able to understand bitcoin and that is the sad reality. We cannot do anything about that, the same as saying that bitcoin can replace paper money which is impossible to happen.
10273  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: November 13, 2016, 12:27:11 PM
I can only guess right now because I don't know how would have been things in that case if I was rich and how much time I would have actually available for gambling. I think I was still doing gambling for fun and making money using already owed money. I assume only as I am fond of gambling now based on this I was not been different.
You have a lot of money when you are rich so it would not be a problem losing just to have fun. It's a liberty for the rich to gamble as long as they want, and that would be somewhat a stress reliever on their part. Rich people really have the opportunity to be happy even losing money.
10274  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: November 13, 2016, 12:23:15 PM
simply take some proxy changer or tor browser can be helpful for some sites as many sites doesn't have supporting script for this.
To get rid of the restrictions imposed by government, my local gambling site come up with a new site but with some common commercial name to break those restrictions. They have informed me about the new site name through email.

Online always meant for freedom, in a land of physical gambling is completely banned, we are finding new ways to enjoy online gambling. Online gambling is most suitable for me always for this reason.
There's a big benefit in online gambling as you can always play for more games and you do not need to go in different places wasting your time to play. It's just one click away and we are on, it's just good that bitcoin is being use for online gambling so even for people with small income can still enjoy.

They have their very own advantages and that is good advantage for online gambling. But for me it will be the best if you will choose real gambling as you will experience real pressure, real gambling. Unlike with online gambling you will experience also pressure, but virtual pressure where your opponents can't see you rage.
When you are in online gambling you will have a chance to meet with people all over the world and that would be fun IMO as I can also learn their method to win, I like a gambling site that has a chat features, it makes me alive as a gambler. LOL
10275  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 13, 2016, 12:09:19 PM
I will take -7.5 for Cleveland Cavaliers there is good reason to pick this option as I am quite sure it will beat Charlotte Hornets, the winning difference is so high between both teams and it looking it will be go above 10 points easily, Cleveland Cavaliers is at home court that is why it looking very possible option.
Let's just hope this time the cavaliers will be able to route their opponent, charlotte hornets are good at home but I do not know in the rude. Lebron should go beast on this one to make a statement with hornets who previously claimed the top spot in the east.
10276  Economy / Economics / Re: The Future of Money? on: November 13, 2016, 12:04:26 PM
Most likely everything will be digital in the future so paper money will disappear and everything also in real stores will be payed with digital money, we all will have our phone for it or a simple card.


The future is actually going to be more digital as we can see that happening everyday, but we cannot be sure if bitcoin will be the digital system adopted in place of paper money or the governments will make their own digital systems that will be implemented on us.
Yeah paper money would still be around and a lot of countries most likely would still have paper money as their main currency especially poor countries. It's highly possible that digital currency would be widely used in the future but paper money for me would be be a strong currency
In the future, digital currency is the trend but only for the corporate people, there are a lot of people who does not have the idea of using bitcoin and for sure they are comfortable with the money they are using. So probably, paper money will still be use, we need to educate people to use bitcoin and not all can understand.
10277  Economy / Trading Discussion / Re: How to make a successful Trade? on: November 13, 2016, 11:58:45 AM
Cover your ass, that means for successful trade you need to pay attention on security. Find a way to protect your money, with escrow is the best, buy there is other ways.
Everyone here is talking about classic trading 'buy low, sell high', I think OP didn't think about it, its the basic of trading, here is point how to make successful trade once you find a good price for buying, or you have good price for selling. So once you find that, how to close that work successful.

That's the basic but it's hard to do with the right timing, if all can really see how the price move then it would be easy for them to make money. With trading, there's always a bigger chance to make money but you have to risk money as well to be able to achieve your goal.
10278  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: November 13, 2016, 11:54:00 AM
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?
10279  Economy / Economics / Re: Best way to manage money? on: November 13, 2016, 03:25:20 AM
A lot of my friends are now getting a larger income than me but I see they are still broke and borrowing money to other people.
How come this still happens?
They got so used with their larger income so they are also spending more and buying expensive items with the highest class. Yes it is good because it is branded but for what expense?
Without the right way of managing the money or staying at your the way you are before you receive higher income you could be broke.
Actually your friends had that problem because they do not know how to manage the limited resources they have. It will be a good idea if they undergo into some tutorial or classes that can help learn them some effective money management tips. Without the practice of proper money management, those problems may persist all the times.
One of the problems that I see is in school they teach you about a lot of subjects so in the future you are able to gt money by working but they never teach you how to manage your money which I have always found odd, since you are probably going to work for 30 to 40 years in your life maybe more.
We cannot be rich buy just working, it actually depends on the culture of our country, but I know majority of the people after graduation are just thinking on how to have a wonderful job, only few are thinking of having their own business or company that they will run on their own.
10280  Economy / Gambling discussion / Re: Do you believe that win in gambling is depending on your luck ? on: November 13, 2016, 03:20:07 AM
Luck is the only way to get huge money there but a person who good skill and know more about some games like poker and sports betting. Than it can easily get some good chance to win there as compare with unskilled person. From my point of view luck and skill both are important.
Yeah agree that both are needed skills and luck are needed. but for other games like slots games and dice game those game only needs luck and you dont need skills to play dice or slots game.. even a child can play it.. unlike sports betting and poker that needs skills and luck..
yes that is a fact that both are important for success, but i think that luck can play some more role in your success, although skill and experience is also important for our success the primary importance is of luck.

Skill in gambling is to play short time and win big. The skills just can make your profit chance increase, but it doesn't mean you will earn forever on long term. The chance to have a big loss is still on the gambling game, every time. But the professionals lose less times, and make more profit than newbies and amateurs.
Good point you have there, as the longer we play the more we lose. It's the reality in gambling that we cannot debate since they have the edge. Even if you are playing in a gambling sites that has no house edge, we may still fall victim of our greediness so we must be careful with that.
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