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10361  Economy / Gambling discussion / Re: Everyone looses in the long run on: November 09, 2016, 06:17:00 AM
They should take note to set always a limit on their bets and be contented on their winnings because if they don't greediness will suck them up. Do not ever make a move that you will regret in the end, you know what I mean. Gamblers should know how to play smart.
Most of the gamblers regret in the end because they do not bet what they can afford to lose and we know that gambling is very risky so we should set our limits in here. We can still enjoy gambling although we are betting with a small amount of money, when you can appreciate that you will last in gambling.
10362  Economy / Economics / Re: Best way for steady income on: November 09, 2016, 06:08:22 AM
It is hard to get an active income what more for a passive income especially in online jobs. You really need to work hard to have a steady income, it takes time, there is a process for everything. For now, let's focus for what we have now. Don't waste time!

Everything is hard before they become easy. No job is easy, you have to work hard to have a steady income. I think we should focus on real life job to have an steady income than looking for a steady income in online jobs. I haven't seen any steady income in the internet. Well, I think that's right, we should not be wasting our time and instead grab each opportunity we see.
Exactly, we need to work hard for it. There's no easy money here, everything requires your skills to be applied before you will be able to make money. If you want a bigger income you can invest and trade at the same time but it will not guarantee you a steady income for sure.

A job is what you need, whether online or in physical world.
10363  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: November 09, 2016, 06:04:26 AM
Buying a house when bitcoin goes up very high I think is a good idea but you should convert it into fiat first. You must do that since theres no one who will accept bitcoin for a real estate. I think buying a house is a very good idea specially if you are just renting a house, you would save a lot of money if you do that. It also will give good feeling to ya, since you won't need to worry for a rent anymore.
you are right if someone want to buy a house you will must convert their bitcoin into fiat because i do not think that people will sell their house with bitcoin because some people do not know about bitcoin that bitcoin si which type of currency and how to use it and i think maximum people will sell their house with cash payment .

Buying a house is not so cheap and you need a good amount of money with you to buy a house. It does not matter if you have Fait, bitcoins or Gold and you convert Bitcoin/Gold to local money and buy the house. The thing which matter is you need to have that much amount of total money.

As OP stated, if the price of bitcoin goes up very high, he will do so, that means he has enough bitcoin to purchase a house...But anyway, I wouldn't hesitate to cash out 80% of my bitcoin or even all of my bitcoin ( If I have enough ) to buy a house if I had a chance... It is a very good investment as we grow old...  Smiley
Great plan, at least you have a specific plan already in case the price of bitcoin goes high again. And actually the price of bitcoin is already rising now and I think it will reach to $800 this month so keep an eye on that. You will achieve that if you will not sell when there's panic that is going on.
10364  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: November 09, 2016, 05:19:23 AM
I always believe that gambling is not profitable in the long run cause the games are meant to take money from you so the owner, casino owner can make money from it. Otherwise why would they have casino in the first place.

It is profitable for those people who are already in that industry for a lot of years already. But for those people who are just new with it.

Then it is not going to be profitable and most of the people who are making big profits with gambling in long term are the investors and owners of gambling sites.

Very few people who are simply lucky that make it profitable in the long term.
The length of our stay in gambling is not the basis of our success, we are here because we wanted to have fun and not all gamblers who are gambling for a long time are winners as most of them are losers, so that should depend solely on your capability to make a good picks that will give you a good win.
10365  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 09, 2016, 05:04:11 AM
what makes it addictive is when one wants to recovery his/her losses

that's true , and I guess that is the most common reason why there's so many people getting addicted to gambling . in attempt of going to gambling just to earn or multiply their money but they just end up losing and for the second time they are attempting to recover their they are going back and playing again believing that they can retrieve it but end up losing again until the it became constant .
The desperation of making money is one of the reason why people are in gambling, majority of the small gamblers wishes to have their fortune in gambling and if we based on chances it's almost impossible but they have the high hopes of making that realize.
10366  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: November 09, 2016, 05:01:38 AM
Addiction is sickness and that is one of the hardest sickness that can be on treatment.  And too much is consider as sickness just like those people who are very addict with gambling and I would say because of it you will be having hard time cure yourself. Unless someone will help you to treat your own sickness that doesn't have cure.
It's more on a mental sickness that might effect into physical sickness when your addiction is too much. We have to be very careful with gambling as it can destroy lives if we are not being careful. Understanding is what matters so we can minimize the risk by properly managing it.
Yeah because you do not have a good thinking when you are in gambling. What you think is mostly you will bet and bet and bet, you do not count your loses and only rejoice your winnings, but later you will realize that you are slowly losing your money and in the end you might go broke.
10367  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 09, 2016, 04:56:48 AM
USA: NBA :
Cleveland Cavaliers vs Atlanta Hawks => I think that caleveland will win the game , and it will be the seven win successively after six win against : Philadelphia 76ers , Boston Celtics , Orlando Magic , Toronto Raptors and Houston Rockets .
It will be a big night for Lebron James and his teammates.

Sorry but you lost, Atlanta Hawks got it with a final score of 110-106 Cleveland. It is not a big night for Lebron and his team mates it made them discourage about losing with Hawks.
For sure this will make the clevelands on the rage mode for their next games with other team.
i really can't believe this i lose my parlay bet oh well nba really sucks when it is in the early stage better yet to keep searching for much better game
i will make a rebound i still believe with cavs and i will chase every game that they will play and bet with them together with san antonio.
It's not a surprise dude, you are just surprising yourself. Remember that you are in NBA where amazing happens.


Yeah, that's why expect the unexpected and don't get confident for each game as NBA games are really gambling also their own matches.

But if you are a true fan of Cavs you won't get disappointed despite of their lose against Hawks.

Instead you will keep on supporting them on their next matches.
Buy low sell high, that's what we need in gambling. The cavaliers loses in the game today, so better back them in their succeeding games no matter the odd is. After a loss, they are due for a win and hopefully they will route the next team they will face. Should be betting big for the cavaliers, strong team does not suffer consecutive loses.
10368  Economy / Economics / Re: possible government regulations? on: November 08, 2016, 12:48:16 PM
Since bitcoin and other digital currencies are such a game changer for the traditional economics systems, could there be any government policies that can be devastating to this new market? and even if governments in North America or Europe might not be able to do such things, how about policies from other more centralized countries that could bring the same effect?

I think they will try to take it the website wallet owners. Trying to make them get some more information about the user that will register to their website to use their wallet or those who are old user updating their information.
We lost the privacy there which some of us dont like.

Other than regulating the bitcoin, Verifying your wallet account by submitting some personal information will most likely to happen. An app here in my country that is widely known and I think I highly reputable are already doing this.  You must verify your account before you can cash out and the number of bitcoins that you can store is limited.

You cannot expect the government will keep your information private, when it's regulated we will lose the privacy that we have in bitcoin and I guess it will defeat the purpose why bitcoin is created. We should not allow that to happen as the system in place is something we are patronizing for.
10369  Economy / Economics / Re: If you were in desperate need for money.... on: November 08, 2016, 12:45:08 PM
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
Probably if i am in some emergency and i need money that bad and im desperate now in needing money i will apply for some good laons that they offer me good money and small interest of and i will pay that once i get ok and get out in the hospital and i will work hard again to pay that money.
I think it really depends on how much money we are talking about if I really needed money I will probably go to the pawn shop or sell whatever I was going to leave at the pawn shop.
I think it's best when you need money is to sell any valuable items that you've got it will lighten your burden, do not choose to borrow before you use this method

Only at desperate need of money user can sell valuable things that they have, if the emergency need is very minimal amount then borrowing seems to be the best of all time. Other possibilities were to do lending to trusted users to get a stable earning.
You have no choice, you have to choose which is valuable to you, if you have to choose between a life a a thing you need to sacrifice the thing even how valuable it is, life will not be back to normal while you can buy things if you have the money.
10370  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: November 08, 2016, 12:41:16 PM
yes bitcoin can dissapear bank if bitcoin acceptable in any local shops and i hope sooner we will be use bitcoin for direct shopping in the future and then people will be convert their all money into bitcoin.
I think that this is impossible. And the thing is that the economies of all countries are connected completely with the banks and in the heart of the World Bank, and together they make up the system, on which depends the whole financial structure and the social life of each country individually. And what if bitcoin comes and decides to destroy this relationship? How and what will happen then.
bitcoin is not possible to eliminate the bank because the bank has a system protected by the government. The bank has rules to managing currency included bitcoin.
 So, I think bitcoin can't disappear bank.
We are too ambitious with that, bitcoin is just a small currency supported by less that 1% of the total world population, while almost majority of the people trust bank and they have use the bank. I am sure they will not allow us to rule before them.
10371  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: November 08, 2016, 12:37:24 PM
Yes if the country has ban it and still you gambling that is wrong. You got hooked to it and cannot leave it that is wrong.
You are trying to recover the loss amount and further loosing that is wrong. In short it should be once in a few months and with limited amount that will keep things in control
If the country is ban that does not mean that gambling is wrong, people are just weak maybe in the area or the government does not want to take risk for their people to get addicted. Gambling is addictive by nature so it's important that only those responsible enough shall gamble.
10372  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: November 08, 2016, 08:50:30 AM
Yes indeed! holding a bitcoin is really such a good way to make money. In fact, majority of the member in this forum sites almost did that things for a couple of years I think. Like what happen  at the present time now the price value of bitcoin is can be considered as stable price by now, so the member who hold their coin before are now totally gained and harvesting their outcome of waiting.
There's still a risk dude, but if you are willing to hold it then you are good to go. No one can ensure that holding in the long run could be profitable but if we love and trust bitcoin we will risk our money and just wait for the right time to cash out.
10373  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: November 08, 2016, 08:47:32 AM
Yes they are, and that's probably what makes a portion of its value. That's good that such people use Bitcoin. At least they make the value climb.
Currently too much use of bitcoin in illegal activities is worrying for me as I read some time ago few peoples take ransom in bitcoins after kidnapings in few countries this can hurt us badly 
yeah agree I think the media exposure of illegal activities that will make bitcoin name to be ugly, but how else? a user is free to use bitcoin for anything right ? and we will not be able to intervene much less prohibit users to use bitcoin. I think this will continue to happen
Correct all users have freedom to spend or to used their bitcoin whatever they want if this would be illegal or not we can not stop them because also we do not know where the people who transact illegally since we do not have device to track them.
And because we have all the freedom we can use our bitcoins in illegal activities, it's actually depends on a certain person as there are people who are responsible enough although they have the capacity to use it but they are protecting their self for future lawsuits and the good image of bitcoin.
Use it cause I won't even try, my major uses of bitcoin is just to use it in gambling and trading. Gambling sounds a little bit illegal to me but the the law cannot be enforce is we are using bitcoin which makes it legitimate. Maybe selling drugs and weapons are more considered as illegal.
10374  Economy / Trading Discussion / Re: do you accept bitcoins in your business on: November 08, 2016, 08:41:20 AM
If I only have a business which is traditional type, I will of course accept bitcoin in my store outlet. Because I know the good advantage of having it. But if ever that happen to me I will inform first my friend nearby in my place about in bitcoin.
It's not necessary to accept only one currency which is bitcoins. as long as you accept bitcoins as a currency for your business that would be a great help for the economy of bitcoin to improve, you are helping bitcoin to be popular and when it's popular adoption will increase.
10375  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: November 08, 2016, 08:33:44 AM
I doubt that , however there might be a currency that will do very well more than bitcoin , e.g in fiat world where you have different currencies doing very well
Time will come in the future that bitcoin will not be supported by the people but we should not wish for that to happen. What we need now is to support bitcoin with the best that we can and to make this more progressive, if something comes up to replace bitcoin then I will just jump as long as it's profitable.
10376  Economy / Economics / Re: Bitcoin and paying Tax on: November 08, 2016, 08:10:28 AM
You can hide money using bitcoin or other cryptocurrency but when you buy a house for example, you will have to tell from where this money comes from, so government will tax you, there's no way to run.

Indeed mate. We are tax free here in bitcoin community. But if we're going to convert it into cash and purchase something then it will be taxable. And I'm really not hoping that soon there will be a tax already in bitcoin community.
Honestly, I earn more money here compared to my day job.. In my day job I need to comply with the rules of the company as they deducted tax directly to my salary and I am just like receiving 75% of my gross pay, while in here, my earnings is 100% given to me. I don't mind the transfer fee it's cheap.
10377  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: November 08, 2016, 08:07:20 AM
Don't say that Bitcoin would be banned because it being a reason heart attack to me. Because now i know very well about bitcoin and also i have investment-ed on it near about my assets of 30% than if i hear that bitcoin has been banned than believe me i have a big lose, So i really don't want to think that bitcoin would be banned in future or now.
Secondly, about the OP, i also do my work with bitcoin if bitcoin live or not. But i believe the day will never come, because when bitcoin came in that time many government accept it with a open heart.
Not only to your, I guess for the majority of people here. Bitcoin has been very helpful to us to do our wants online and with bitcoin we have form a great community of intelligent people where with bitcoin we have unity here. The fact that we can trade with bitcoin we will lose our money generating venture.
10378  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: November 08, 2016, 08:02:07 AM
For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.

All types of investments have the risk and I consider that gambling is investment and so trading is. That's why they are all risky and I consider trading as gambling too for you will risk the money that you will invest into it. And it depends on how much you are willing to put into their or if else you will fail in trading, you will come back to gambling.
You are right on that, it's like gambling but a less risky one.. You will be able to make a right study with trading since the information is present as you can see it, while in gambling it's more on the luck and a little skills.. But games can be manipulated so you cannot make profit in gambling.
I would always choose trading over gambling because in trading I have more chance to be successful in the future while in gambling it's all about the luck and you cannot predict the right outcome of the game despite the information is present to analyze.
10379  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 08, 2016, 07:59:53 AM
Bitcoin will likely help a particular person, not the whole country.
This is correct only individual can help by the bitcoin but country it self it can't. Bitcoin has requirement that not all poor people can afford.
If all people can afford gadgets to access bitcoin i think all people will be rich someday by the help of bitcoin.
Yes it can help a person, but not specifically a poor person because the amount you will earn online is only enough to become a side income. For it to solve a people without money the bitcoin needed to be earn must be sufficient and equal to a regular income. Well at present there is no way for you to have that big of amount as faucets won't give you enough to make a living  only signature campaigns can actually give fair rates.
You do not see the entire benefit of bitcoin as you only consider it as a side income for the poor, it's more than that actually since we cannot let them all work to have side income. There is something that they will benefit and that is not to maximize their income but to minimize their expenses.

It's all about remittance worldwide. We do not need bank but we do banking here.


It can really help poor countries but people in these countries must do have proper education so that they may able to understand the communication of ideas which bitcoins has. This helped a lot of people who are hardworking and willing to learn, help is not worth it if the person is not interested to know the importance of bitcoin to our lives.
Not all people can be help as definitely big numbers of the total population in the poor countries does not know how to use computer. What is important is they need to learn how to use computer first before you teach them about bitcoin.
10380  Economy / Economics / Re: Best way to manage money? on: November 08, 2016, 07:50:32 AM
management of money is not an easy task with all temptations flying around like black friday, xmas nearing and the alike discipline really has to be at its best. the best way would be use money on this that have important value to you
Therefore you need to resist the temptation, that is your only chance to be able to manage your money very well. Though you have good plans in managing your money but failure to implement it will result to nothing. Still you have no savings in the end.
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