Bitcoin Forum
June 30, 2024, 05:01:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 ... 647 »
10381  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: November 02, 2016, 01:37:28 PM
to get $50-$100 from casino is not impossible mate
its easy to reach if we do high bet and have big lucky
but if you feel your profit is enough, just quit it
play on long run sometimes will make us busted
It's good to have a long term goal in gambling because that would tell you to not to chase and you will always think that there's always tomorrow. Gambling should be treated like you are running a business so you will always be wise and clever and you will not let your business plan affected by your emotion when in down times.
10382  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: November 02, 2016, 01:28:07 PM
Yes, is even evidence in countries like Venezuela, Brazil, Argentina and Nigeria, it helps in remittance payment, against Government  regulation  (Uber in Argentina) and again as a save haven when the local currency take a dive against dollar.
Bitcoin and its related business created a whole new economy for the third world countries and most of them are reaping the rewards,if you are the lucky one's who started mining well before they could have managed to live a good life style by now and they could have developed mining as a whole new business.
How I wish we are one of the people who made a good profit in mining, and how I wish we could see the future so we have started mining before. Let's face the present situation, and we are discussing here whether it can help the poor countries because I believe the early adopters are coming from the rich countries.
10383  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 02, 2016, 01:21:22 PM

Los Angeles Clippers v Oklahoma City Thunder going to be most entertaining competition to be honest it is difficult to predict anything with surety. You should be ready to expect anything what I do believe the margin of points will be very close. LAS will be host for OKC awesome , can't wait to watch them in action.


that's right both team have eagerness to win but i will place my bet with clippers let see how this team will show up against okc, hope i win this good luck.


Just in case Chris Paul decided to go back to New Orleans to play with Anthony Davis?

Wouldn't it be a better situation for him, knowing Anthony Davis is the next big thing since LeBron  Grin
Anthony davis is good but due to injury that he is too prone to that, that made him unreliable to even go to the playoffs. Sadly, the Pelicans are full of injury prone line up and it does ruin their rotation. I hope they can fix their system, and do not give much time for Anthony Davis.
10384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: November 02, 2016, 01:19:08 PM
Yup! Waves will be HUGE!

Realistically looking at 250k - 500k sats at some point. I'm personally hoping for .01+  Grin

Whether polo adds it or not is fairly insignificant to me. I've never had a problem with bittrex and I've been trading there since day 1. Just wish it had a darn trollbox  Tongue
It's a different story if polo will add waves, that's what we are waiting here. With polo one of the biggest exchange in the crypto world, we can get huge volume and it will make the price easily to pump. I still look for that to happen.
10385  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: November 02, 2016, 01:15:20 PM
Trading without any knowledge is betting on your luck so that makes it not much difference from gambling as you dont have control over the results. However, if you do your research and trade with high chance of success, you can gain easily.
I would rather choose gambling if I will not study how to trade. In gambling, there's more chance I can win big amount compared to trading that you can only hit a certain percentage of your profit when you are lucky. I can bet in sports betting (parlays) if I like big income and I can use my luck to get that goal.
10386  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 02, 2016, 01:09:10 PM
As for me it is better to invest than gamble. But never invest more than you can afford to lose Wink

Investing is for growing money not to lose. Even all investment comes with some risks. One should consider investing on those who are less risks for longer term growth and some portion of money can be invested in high-risk investments to gain more profits in the short time. But shouldn't put all your money in these high-risk investments.
and no one want to even lose in gambling, every one do trading and play gambling for making money, but no one know the future that what is going to happen, as both are risky, and it depend on you, if you have some experience in gambling then you can make money in  gambling and it is less risky for you, if you have some experience in trading then you can make money in trading and gambling will be risky for you, now it depend on you that what  you want to do, either want to go for trading or to play gambling.

Surely it is that no one wants to lose in gambling at the same time. That is why I just want to choose both, gambling and investing. So investing into bankroll casino's is a good choice and as well as trading. If you just manage to lose in gambling then focus more with investment, then you will going to have a high chance of winning.

It is not about winning or losing in gambling. Gambling itself is meant to be lose for the players. So it is not practical to say that you gamble to win all the time. Therefore investment is always a better choice. However you need to do your research otherwise anyhow investing is no different from gambling.
Even in investment you do not win all the time, the only chance you have is that you will win most of the time so in the end you are still in profit. Do not gamble if you want money, instead you put your money in different investment sites here as that is a profitable activity for every investor.

There is no 100% profit in investment. Investment in anything has risk. Therefore, you need to do your proper and detail research before you invest. This apply to real world investment too.
True there's no 100% profit in investment but if you will compare investment to gambling the answer is obvious and people would choose investment over gambling. Gambling is more on luck while in investing is more on skills and that's what we need to have consistent income.
10387  Economy / Trading Discussion / Re: I quit trading on: November 02, 2016, 01:05:13 PM
Don't quit, its part of your growth. At thr first, many hindrances would came into our life but the last you will be successful person.
Negative thoughts will make you weak, the result is like that what you said, you will quit or stop but the positive will make even you had lose already a  money, the result you will be a successful person.
So put into your mind the positive thought thoughts with wise personality and actions.

I like what you said, and its the fact that losing or frustrations are part of growing. Since we are into bitcoin / trading industry, losing is essential and if you can't accept the fact of losing then this is not for you. But if you will not give up and you manage to stand again then for sure success is going to be with you, just don't give up.

Its really easy to say to someone  on not  to give  up easily but  if you are on  his  situation  you would surely  feel the same way too and  in OP's situation its  not an easy thing   7 btc loss  is already  a  big   amount  and  hes  been trading already for 2 years which is  long enough and  he seems  his trading skills doesnt work at all   thats  why he decide  to quit  to stop further  more  loss.
That a long period of time to consider before quitting, it is not really good for him as trading is not an easy way to make money. Having a good amount of capital in trading is already his advantage but without skills and luck maybe he cannot be profitable in trading in the long run.
10388  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 02, 2016, 12:54:51 PM
In the past years bitcoin has grown and improved a lot, No wonder that other countries are setting their eyes on it  . If the world of paper money gets replaced by cryptocurrencies then I'm sure bitcoin will take the lead, However it takes too much time before this thing will happen. 

As long as bitcoin continues to improve itself then it will be just a matter of time before it becomes widely known and used.
For sure we will be a big thing in the future, we are lucky we are here now so we can take all the opportunity to earn and we have to make sure by the time bitcoin is not good for investment as it has become popular, we should be rich because of BTC by then.
10389  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: November 02, 2016, 09:07:29 AM
Holding is the safest way to make profits in long run

With this I strongly agree. There is no need for people to keep looking for ways to invest their coins in return of a certain profit, which also requires you to give out control over your coins. Some people still don't seem to understand it, but holding Bitcoin is already an investment.

holding can be only risky if price drops in the future

To you it may seem like so, but as long as you don't sell any of your coins at a price lower than where you bought them at, you don't lose anything.

if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher.

No matter how many times people get told to stop investing in certain sites and services, they will continue doing so as their greed is always stronger than their common sense ability. These people will learn it eventually, but it will be a costly lesson for sure.



Everyone wants to earn quick money without working hard or making any efforts and they invest their money in those scam sites hoping that it will bring quick profits for them but at the end of the day they realize that they have been scammed and lost their money into it so they should treat it as an learning experience and make sure that they don't repeat the same mistake again in future.
Quick money means easy and most of the easy investment does not result to a positive way. I would rather invest in legitimate investment even if it will only give me a little income as long as it is consistent and there's no doubt that by holding bitcoin it will give you profit in the future.
10390  Economy / Trading Discussion / Re: Skills vs Luck *poll* on: November 02, 2016, 09:01:09 AM
Both for me, but Skill is a little more important than luck. Because in trading you have to think how you can get a big money.
but in my opinion luck is more important than skill,if you have luck but don't have skill you can still keeping up trading because you have the luck and maybe every after buying you will see the price is rising and you get profit whilst with skill it's uncertain

As quoted luck plays an big role in profiting, though the person doesn't have much skills. At the same luck won't give a constant earning, because every time luck won't stay with certain persons. Skill is not like that, we can make strategies and move on to get a constant earning. I believe that the person with skills is always lucky.

Yes indeed, luck is the basis for profit. Even so skills are also indispensable in trade. Because if we use trade only rely on luck it will not be profitable, so it is very necessary skills. With the skill we can increase the chances of luck.

the only reason why people around here use the word luck for trading around here is because sometimes prices don't move with any logic and mostly in altcoin prices they are moving based on pump and dumps and no reason whatsoever.

you will never hear a forex trader or a stocks broker say trading is luck!!!
you only hear it here because it is full of newbie traders with no knowledge of trading at all.
Very well said, newbie think trading is an easy journey because they only hear stories of successful traders. In real life, we need to understand that trading is something that we can work well to make a serious amount of money. If we succeed in the long run that means we have the skills and we can consistently profit from trading, and that everyone should do.
10391  Bitcoin / Bitcoin Discussion / Re: What would happen if BTC was Banned? on: November 02, 2016, 08:56:12 AM
People wouldn't be happy, and of course price of bitcoin would fall a lot, to 200$ or even less, but i don't think that all countries will ban bitcoins, few might ban but not every
I think it will be worthless because when it's ban that means using bitcoin then will be illegal and any illegal things has consequences base on the law of a certain country, of course we are all afraid to be charge for illegal activities and maybe bitcoin that time will die and will never resurrect again.
10392  Economy / Economics / Re: Paying taxes on forum? on: November 02, 2016, 08:45:56 AM
If bitcoin earnings are going to be taxed, that should only apply to those earning a certain amount. Like what the government does when it comes to income taxes. Those who earn little are free from paying their taxes while brackets are set for those earning different incomes from higher range. I think the same can be applied to bitcoin if eventually the government decides they want a share of what people earn from bitcoin.
In real life we are taxed base on the classification of our transaction but in the crypto world we are doing different transaction that the government cannot trace, here we can make things legitimate although it's illegal transaction and that does not matter as we are not under the control of the government.
10393  Economy / Trading Discussion / Re: How do I grow my btc? on: November 02, 2016, 08:37:23 AM
In my opinion gambling is for some lazy lucky guys who don't want to use his senses to be able to earn or grow his bitcoin.  He only depends on his luck and click his way out to earn more.  I would say gambling is not recommended to those who suck when it comes to lucky chance.  I am agains it to use as a medium to grow your BTC because of the huge possibility of you losing all your investment in gambling.
It is true that a serious minded person will always seeks for a tangible means for earning a eaving instead of gambling their hard earned money and waiting to get uck from others that might loose their own stake in the gamble.

A better way of earning is actually when your provide goods or services in exchange for money, in this regard, both the buyer and sellers would be happy at the end of the transaction.

No doubt, gambling is not a source of income where you invest and get profit all time, It is totally risky, I think gambling one of the most risky way, where you invest your money, and no guarantee is here, Even you have a lot of experience of gambling.
More than other earning ways are here to grow the bitcoins, only need knowledge and hard working, If we adopt both things than no one can say that i can't grow my bitcoins. 

That's true, when one has the hard working mentality automatically he moves on to get more and more knowledge which sure paves path for success. At the same time even with knowledge and hard work one needs little bit of luck, else he can make living similar to a common man. So as in gambling luck plays role everywhere, and we can't completely deny that gambling is not at all good to grow our bitcoin though it has got highest risk of losing.
If you are really lucky then you will manage to win once or twice but you cannot expect that you will be winning all the time and making money from it every time and if you are depending only on gambling to grow your coins or to earn money then you are definitely putting yourself in a big trouble.
It will only be a problem when you have proven that you have no chance of growing your money in gambling. Most of us think that gambling is easy but only few will succeed as per observation. If you will ask me, I would rather choose a safer way to grow my bitcoins but definitely it's not gambling.
10394  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: November 01, 2016, 06:16:30 AM
The people would not leave banks with the establishing of bitcoins, as the bank do not only for saving or investment of public fiats. Nowadays the banks have a major role in state finance also. All the state finances are controlled and regulated in state banks.
Banks is here because it is secure and it will secure our savings as it is legally operating, bitcoin on the other hand is just like an investment for me since the price is volatile and it has been increasing in the past few days and that's why bitcoin is called valuable and it will grow the value of your money. Never put your money all in bitcoin although it's very profitable by the chance of losing is also big.
10395  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: November 01, 2016, 06:08:25 AM
hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin
As long as you can control yourself from going too far, gambling is always a fun activity for people to relax. Gambling brings a lot of emotions to people: happy, fun, sad, depressed. So I think, from the original, gambling is not very bad
yes i also agree with you. i think if you have full control on your self and you are really playing gambling in a good have having good strategy for gambling and always play gambling then gambling is not gad and is ok. but if you have no strategy then it is bad for you.
What i think there is o strategy in gambling everything is base on luck if you gamble.. it is better to say to you that gambling is not a good place to make  a good profit it is good only for fun..

Gambling can be very profitable if you know how to play and when to stop. I always see on casino sites statistics people who has more profit than losses. This is the proof that gambling can be profitable for some people. Many other gamblers just lose money because they don't know when to stop and they are too greedy.

You understood gambling completely wrong because gambling is not for making a profit from those games because those are meant for just fun and entertainment. As long as you gamble for fun with a small amount then it is not wrong but if you chase profits in the gambling then it is wrong, and you may lose a lot of money in this process.
You cannot be wrong if you understand gambling as a way of making money as that can be our purpose to gamble. It is our own money so we have the freedom to do what we want to do as long as we are responsible enough to accept the possible loses because gambling is all about winning and losing and more on losing.
10396  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: November 01, 2016, 06:03:17 AM
Yes I think so, but it will be a strange thing. If you get a long of lucky, you can get a profit of gambling in long term. and maybe it is just one from one million gambler who have a luck in long term. Or I can say it is just about your luck. like many people said, Gambling is a game of luck. There is no the best gambler.
Well, consider your self as a gifted person if you are a gambler who were able to do win in the long run, not most of the people can do that and when that is not only luck you can make that consistently and you do not have to work anymore for a job that pays only less for more hours spent.
10397  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 01, 2016, 05:58:54 AM
While it is still early into the season, it is clear that the two best teams in the NBA are the San Antonio Spurs and Cleveland Cavaliers and we could be headed to a rematch of their 2007 NBA Finals, where the Spurs swept LeBron and the Cavs in four games for those that remember. Out of the four NBA games on tap today, the best one seems to be the Phoenix Suns versus Los Angeles Clippers, where I favor the Clippers.

Too sad that there is no more Tim Duncan that we can watch for every game of Spurs. I really admire Duncan's loyalty to his team and how did he contribute to play in the finals with the help of his power and strength inside the court. I saw also good potential of the team Phoenix Suns, but I hope their coach would train them more for shooting outside because they are lack for it, 3 point shoot outs.

Yes mate Tim Duncan is one of the best centers in the NBA he's not too show off when it comes to his moves.. That's why he called Mr. Fundamental hopefully Spurs may acquire a center like or better than Tim because they are the one of the teams that I look up to going to the NBA Finals.
No Duncan? No problem they have Gasol and LA, that two are making the roaster great this season, they are very tough in defense and it is not a surprise that they have a better record now in the west. They will surely route again the warriors if two will face again.

They are playing in a different level now.
10398  Economy / Economics / Re: If you were in desperate need for money.... on: October 31, 2016, 01:32:14 PM
I think I would try to sell goods and services to get the money. One possibility is to sell things that are no longer needed. But the best thing to do is to prevent this, it's always important to have savings for such situations.
Do all the possible options because you need money under the situation, and your main objective only is to make money and you should do all possible ways just to get into your objective. Even how hard it is but if you are committed in doing it you can.
10399  Economy / Economics / Re: The dream of getting rich with bitcoins on: October 31, 2016, 01:29:13 PM
I am just saving, trading my coins and repeating the same process one by one to grow my bitcoins.
My dream is that as soon as the price reaches $10,000, I must have at least $100,000 with me with like BTC10.
You are a bit optimistic with your Bitcoin price as. Because you are aiming for a price of 1 BTC is equal to 10,000$ each which is a bit of impossible as proces right now are a bit low compared to your expectations. But yes if you did trading with 10 BTC your 100,000$ target is achievable but dangerous to do.
That is not impossible for sure because bitcoin is not controlled by a certain group or person, if we will let that happen then that would be possible, remember that we are dictating the price of bitcoin since if we increase the buying orders it will create big demand..
10400  Economy / Economics / Re: How many BTC will make you a fiat millionaire in 5 years? on: October 31, 2016, 01:24:14 PM
If the price manages to reach $10,000 during these 5 years, then I think that 100 Bitcoins would be enough to make me a fiat millionaire and that will happen soon.
Well, you have a positive speculation in the future and I hope that will happen as for sure we are all going to benefit of the price increase. For 5 years time, I guess that is hard to achieve but let's see it.. My long term investment is already ready cause I am holding it long..
Pages: « 1 ... 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] 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 ... 647 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!