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10481  Economy / Economics / Re: Bitcoin to be international currency on: October 27, 2016, 11:00:32 AM
yes there is no doubt about this that bitcoin is already an international currency as you can see people in this forum from all over the world.

That is true. However, they say that it is not due to the lack of popularity of bitcoin. It is not widely used as a currency but just an investment. If we are to change that way of thinking maybe it can be said as a true international currency.
dollars also sometime being used for investment when there's an opportunity to make it,making this currency as an investment is not wrong at all
bitcoin will gain its popularity by the time,and also making bitcoin as investment will potentially helping it to get even better value,there's nothing wrong.
That's the beauty of bitcoin now, it is getting more popular and online people are getting interested in using bitcoin as there are many ways we can benefit from using bitcoin, that includes entertainment(gambling), remittance, and most of all investment.

It's all in one so that is something we should treasure.
10482  Economy / Gambling discussion / Re: To Gamble or To Invest? on: October 27, 2016, 10:56:25 AM
i will sugget if you want to take on the safer road, trading has lesser risk.  You can study several way of trading and how to be succesful of it.  You can do research on several stuff and buy what you feel will skyrocket on the next week.  You can even have a mentor or even a  guide  person on trading.  they might require some fee but that is much safer than you trading alone without any knowledge on how to do it.

i would also agree with this, trading is a more legitimate way of making money and with trading here we can trade even 24 hours and that gives us the chance maximize our income if we do it very well. That is the only possible thing I see for everyone to earn money in a decent way.
10483  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: October 27, 2016, 08:47:45 AM
I think bitcoin will not help a country to improve. But Poor peoples maybe can. I am a normal living person in my country but bitcoin helps me alot. The problem is just ibternet connection it is limited in our country. And poor peoples here are not having their internet connection because its limited and they dont have the idea of bitcoin

This is a normal situation in places strucked by poverty... Poor internet connection, Higher cost of education and lesser opportunity after graduate... But anyway, poor people need basic knowledge about computer, that is the "key", so they could use bitcoin, and if they are willing to earn start working for it... So, they should take advantage of free vocational courses and free trainings about computer offered at those countries, that's the only way they could be helped by bitcoin...  Smiley

That is the problem why it cant just help any poor countries. It needs some knowledge about it. It will the willingness of people if they will want to get into it. I doubt they will.
If one will start its own remittance center using the blockchain, I think that would be possible and it can help the poor countries since the charge a business that will collect will relatively small compared to the normal rates of legitimate remittance businesses..

However,it is only good for international remittances.
10484  Economy / Gambling discussion / Re: 2016/17 NBA Season on: October 27, 2016, 08:44:12 AM
Rockets plays for tonight games was full of sucks.They have many chance to dominate the game but all of the sudden they defense was so lame. to  many error and steals.I love to see jordan clarkson that he played well and they win this game.
You cannot say that dude because you are like underestimating the Lakers.Rockets played well but Lakers did better. A kobe less team with a roster of almost full of young a promising player just should what they can do..

Young coach and young players kill the beard. We do not fear the beard in LA.
10485  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: October 27, 2016, 08:41:01 AM
Of course i will still gamble.  No one forbids anyone of gambling when he become rich.  I think I'm fine with gambling certain percentage of the wealth I accumulated.  Let us say 10% of the wealth is huge enough to play for a lifetime if I can manage it correctly.  Meaning I need to have self control and have floors and ceiling on how much I am willing to lose and to win.

Nobody forbids a person if he gets rich and tells somebody to stop gambling. As long as you know the consequence that you might get as you gamble while you are rich, then that would be fine.

I learned a lot of lesson when I was still into being addicted gambler and I don't want that to happen for it made my life worst.

So if I will become rich, I will become more responsible on how I will going to spend that money but not with gambling anymore.
Obviously that's true because rich people does not listen anyway, they believe they have the power since they have the money. Gambling for them is something one should no worry as they can play it for fun since they will no longer aim for the winning as they are already rich.

They play for fun even they lose, that is the advantage of being rich.
10486  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: October 27, 2016, 08:34:02 AM
If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick?

Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you...

http://www.youtube.com/watch?v=m6GiC8dqN9A

We just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why.

If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why???




if to choose between of them for long time investment ( about 2-3 years ) then i will choose bitcoin instead of gold . because the price in the gold rise suddenly and sharply so in bitcoin we can get Profit speedly but in gold it is not so easy to get big Profit in small time .
Bitcoin has more potential treated as short term investment, look at the history of bitcoin.. In a year this year we already have achieve an increase of 100% or more since the year is not yet over. But that is already a good profit rate and gold cannot do that in such period of time.
10487  Economy / Economics / Re: Is gold better than Bitcoin? on: October 27, 2016, 08:31:27 AM
For me bitcoin is still the best than any other coins in this earth first thing gold is really hard to find yes we can just find gold in the market and just easy buy it if we had money already in our hands but if we don't have then we are just looking it not like bitcoin it's realyl free to earn and you can really make profit by trading and gambling.
gold is hard to find if you want to mine it, but this is the same for bitcoin. you need a lot of money to do either of those things, if you want to make a profit.
but you can buy gold as easy as bitcoin. actually it is even easier to buy gold then bitcoin. and if you are talking about working for free bitcoin like faucets and signature campaigns then i have to tell you that this is not free. you work for it and get paid. you can do the same and get paid in gold if you find someone willing to pay you in gold. or you take your paycheck and convert it to gold or bitcoin. i do not see the difference there.
If you are looking for gold by mining, maybe you need to have more capital for the machine and etc..I do not dream of mining as mining bitcoin is lot easier, so being said that, I would definitely choose bitcoin over gold because I believe bitcoin has more potential at the current stage.
10488  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: October 27, 2016, 08:07:53 AM
I think there is a lot of gray area when defining gambling. Some games are purely chance and others have some skill involved. I don't think of trading as gambling, but I can see that there is some unknown as to what the outcome will be so it could be in that gray area.

But if you do a day trading then it is almost same a gambling because in day trading most of the people trading just by the assumptions that price will go up based on some news or something else. That kind of trading is almost same as gambling because you're not trading based on any trade basics.
It's not like that, day trading belongs to trading so it is still not the same with gambling. Gambling most of the time relies only on luck while in trading we need to have the skills and knowledge to be able to succeed in our venture of making money, and this is a continuing learning while gambling is not.

They are really different  of field   but  the main  question here  is about the risk involve  on  both things. Which is  actually the same though  but   the advantage  on trading  is that you could actually able  to  lessen the risk  with  proper knowledge and skills  on trading  unlike  on doing gambling which  you are actually playing   blindly and  just fully relying  on  your  luck   in able  to win  or get profits.
Trading could be a serious profession for everyone if they will pursue on their goal but gambling I doubt. There are people who call themselves as professional gambler but if you will take a look of their record they are still in the losing side. So that would only conclude that trading is not a gambling but a gamble to make money.
10489  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: October 27, 2016, 08:04:45 AM
I regard to it as more than a sickness, but an illness, as we have Compulsive Gambling disorder where one gambler cannot stop gambling once he or she saw a gambling place. It is like you are very ready to lose everything you have in exchange to greater amount that you dream. You are not thinking about it and just decide to gamble. It is a condition that is serious and can destroy one’s life. It is more than an addiction actually.
Sickness is more serious word to use because that is something more severe in the eyes of the people, but seriously we cannot call gambling as the sickness in the first place because we are making our own destiny and there no way we blame gambling but only ourselves.
10490  Economy / Gambling discussion / Re: Why does Gambling always in our daily life? on: October 27, 2016, 07:53:48 AM
Gambling is not a part of our daily life, but we can do it occasionally if we don't want to experience hard losses.
Luck shines sometimes and not daily, so it is not good to gamble daily.

But some people always play gambling with day by day because they are addicted to it they trying to find their luck -_- its so annoying.. what do you mean about occasionally? so you're not addicted to gambling that's good because its really hard if you get addicted to it like me Cry now a days i play gambling and betting small amount so i can do it tomorrow i can't really cure my addiction even if i have my girlfriend with me >.< how can i cure it? its not really good its hard to avoid that kind of game because its fun and wild for me made me good at the game.
You cannot control them as that is their money they are using in gambling. What we can do here is just give our advise not to bet all their money as gambling sites would be happy for that to increase their income. Gambling is fun even you do it daily as long as you can control yourself.
10491  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: October 27, 2016, 07:49:33 AM
always set aside money that you can lose. don't go straight into gambling without setting aside a budget. it's easy not to notice that you already waged your rent for next month.

if you are in a loop of continuous lose, walk away. just walk away. don't try to chase your losses with higher bet. bad idea.
and when you win more than you gambled or you just won a big prize, walk away. just walk away. don't try to gamble again thinking you'll win a bigger prize. you won't.

don't expect to win every time. you could have a string of wins today, doesn't mean it will also happen tomorrow. if you're losses are higher than your wins, pocket whatever you won and leave. don't forget to take advantage of the free drinks in the bar and discounted show tickets and rooms at the exit. please come again when you're ready to lose.

That's what typical gamblers are thinking, they think they can win every time because they are desperate of making money in gambling which is very impossible if they do not have all the resources required to be a responsible gambler.

Gambling with fully neglect of the requirements is a sign of desperation and irresponsible way to gamble.. Do no expect your small amount of money will turn into millions in gambling.
10492  Economy / Gambling discussion / Re: Is this true? beginners in gambling are the luckiest? on: October 27, 2016, 07:45:19 AM
Well, I guess that's true. The first time I gamble, I always win, but I do not know what I'm playing and I do, but at the moment I think is really interesting. because I think it is one of my biggest victories. I think not only me who felt that way when I first gamble, so I assume that the starters were usually very lucky in this kind of thing
I know there is no exact reason about that or maybe that's a hoax, but I feel same with you. In the beginning, I felt I could win easily in gambling, but time by time it looks harder even just winning a single game. I think that's one of many reasons why people be addicted on gambling.
One reason is because we do not treat it seriously, we can only win if we are making it serious by putting a decent amount of bankroll. Beginners luck will happen mostly but that is just to attract us to gamble more and so we can give more money in the gambling sites later when we come back again.
So are you saying that the house do that on beginners purposely, by lowering the chance for them to win a game when they put higher money after got few small amount winnings before?
Not all the time but most likely if the house will try to control the outcome they come, and when they do that it will attract more beginners as there is a study that when a gambler wins at first try they tend to come back in gambling. Having said that, the situation will give more customers to the site which would affect their income in a positive way..
10493  Economy / Gambling discussion / Re: Anyone ever stop gambling? but then gamble again? on: October 27, 2016, 07:41:07 AM
Anyone ever stop gambling? but then gamble again?

What are the reasons you come back to gamble?
Yes I Sometimes Stop Gambling When I Lose  Some Money In Gambling But After Some Time Of Losing Money I Again Start Gambling Because I Hope that I Will Cover My Losses and Win A Huge Amount By Gambling Again.....
That's the spirit of the real gamble and most of the time using that kind of method or having that behavior in gambling we will lose in the end. Chasing is not good when you are aiming for money as it will affect your decision making and once you allow your emotions to play with you, you will not win in the long run.
10494  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: October 27, 2016, 07:37:49 AM
Well, the hard truth is that every currency is used for illegal activities, and bitcoin is one of them.

In the dark web there's a lot of illegal things you can buy with bitcoins.

Fact is that all kinds of currencies and precious metals are being used to finance illegal activities, but still the media and average joe is blaming Bitcoin for this. They somehow don't realize that Bitcoin is nothing different than fiat. It's money. In that regard it shouldn't be weird to see that people use Bitcoin for all kinds of illegal things. Especially when you consider how convenient using Bitcoin is.
Well, everything can be used for good and evil, just look at a knife, knifes are very useful tools try to imagine your life without valuable tool, but there are bad people out there that will use knifes to steal or worst.
totally agree with you, very good analogy with a knife. I think it depends on the wearer himself do not blame the object because it is just a facility which uses the full responsibility. so do not blame bitcoin for involvement in illegal transactions, because everyone is free to do anything with bitcoin.
It will not be bitcoin who will be help accountable but the person who are making illegal activities, bitcoin is just a means that we can use in transacting online and we should be even thankful that bitcoin is here, and do not abuse it by using it in illegal activities as though it has a good system you will be trade if authorities work.
10495  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 27, 2016, 07:26:24 AM
Gambling is addicting if experienced to win an amount triple the amount you already bet from it. Once you tried it and lose at first, you became open minded on how to do some strategies as you gained experienced from it. The addiction will start on the time that you started to try and try until you win something. The feeling of seeing someone winning after losing makes you think that it will happen to you too, until you never stop trying just to earn something. The influence and pressure of environment force you to try again.
That's what you call beginners luck, sometimes when we experience luck, we feel that we can beat the system already and we can make easy money and then we go back again to win some more, but that is just a strategy of the gambling sites to attract gamblers and eventually when we lose control we will be addicted.
Addiction come to someone when they do something continuously and so often.
In gambling you are hooked by how comfortable you are playing a game and get money at same time.
This make you do gamble continuously no matter what the outcome you get you will keep chasing.
I do not want to experience that kind of situation again as I have already been addicted in the past and it is not easy to look for money every time you get busted, I realize that gambling is really for fun to minimize my loses and maybe one day when I look for the profit, I should start prepared with a big bankroll.
Yeaaa first of all you need to think like what a casino or house edge thinks.
I mean , while you get 3 times streaks bet lost on red most people will think the next one will be red again! This is most loser think.
Now try to think such as casino/house edge while you get streaks lost like that , never think like "the next one is my turn , and it will be red again" but think different and think like you are a casino owner that want to make pofit. You may will not get addicted too easy.
Every game varies from each other, there are games like dice that the result of the past has no relationship in the future outcome, they are just a machine game controlled by the system and it was designed to give the house and edge over the gamblers.

In sports betting you can use the martingale method but not in luck base games like dice.
10496  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: October 27, 2016, 07:11:31 AM
I think the easiest way to make profit from gambling is the same easiest way to lose your bankroll in gambling.  We all know that when playing gambling there is always 3 result .  Win, Draw and lose, but the problem with online betting, even if it is a draw it is a lost to the player.  So the easiest way is to put all your bankroll in one betting.  If you win you doubled your money in just a matter of second.
yeah , you told right , you means here luck is working 50-50℅ but there are some gambling sites which offere to gamble bitcoin but we need to play with stretgy ( keep in mind about House edge) .
here i will suggest ( if you are trying your luck) for satoshimines .
but i will not responsible for any type pf your loss .
Luck is not just 50% but more than that, when you are lucky that's the time you will win and that's more that 50% or you even call that a 100% chances of winning, when in regular gambling without luck, our chances should not be equal because gambling sites are here to make profit.
10497  Economy / Gambling discussion / Re: Do you believe that win in gambling is depending on your luck ? on: October 26, 2016, 12:38:58 PM
Absolutely I do. We all like to use different strategies but we also know pretty well that they work until they don't, so they shouldn't be taken seriously. Whether you are gambling applying a strategy or just doing random bets the result will be prety much the same in the long run - you will lose.

Winning in gambling is luck, losing in gambling is the rule.
I agree that winning gambling is luck but losing gambling is our fault. We know that in gambling making profit is tough still we play gambling. And we lose our money. So this is not a rule this is our own mistake. But here two types of games are there slot and skills games. In slot games we need luck, but in skill games need knowledge. But in both condition, i think we need the luck to make money.

When winning in a event happens due to luck, losing too happens because of our bad luck. Our knowledge and strategy has 50% in winning as well losing.
That's not true for me, skills do matter in gambling and luck is just a secondary thing that we might consider. I just analyze the discussing, and hey! I have come up to a very simple explanation.

When it comes to luck we have equal opportunity but with the skills and knowledge we differ and that is self explanatory.
10498  Economy / Gambling discussion / Re: What game do you prefer? on: October 26, 2016, 12:33:02 PM
I love all the listed games but I need to choose one. I prefer sports betting as I can enjoy watching the game that I I bet. When I won, it's a different kind of happiness as sometimes I feel like I am a good sports handicapper.
10499  Economy / Gambling discussion / Re: LUCK!!! :) How does it feels? on: October 26, 2016, 12:28:13 PM
Being lucky sometimes is a very great experience like the OP said that it keeps on our mind especially hitting a big jackpot .
On gambling it is so unexpectedly if you win because more often result is a lose unlike sportsbetting if you know a team you are surely confident even the result is lose . When i think i am lucky for that day i used to risk big amounts and in the end im not frustrated at all ,but when bad times are on side i don't play to much i will just finish what i played and that's it.
Not to mentioned, I was also lucky one in my life and that feeling that you think for one night you are unbeatable regardless of what they call a house edge, and actually that is my only winning experience and the rest was history (because I have not won then).
10500  Economy / Gambling discussion / Re: Can gambling be profitable in long term ? on: October 26, 2016, 12:21:54 PM
Yes I believe gambling can be a profitable in a long term if you win in gambling and the amount is high, it could be profitable if you will use it in a business that you really know how to handle. If you did not win anything, then you get nothing, you start nothing. It is only the way you handle the money that you won from gambling in a way you will make the money grow in time that makes it profitable.

I'm not sure gambling can be a profitable in a long term and
It's very risky to use it in a business for your life. I don't think that gambling can use it in a business. Gambling only for an entertainment and make some of the money, but not for a business. I guess.
it is sure people will never earned profit in long term , a lot of research proven it.

even you have a bankroll management or any other skills that can lead you to have a bigger winning percentage , it has low chance for you to make it always win and earned profit in long term , this is gambling man.
How sure are you?

Actually we cannot conclude it, maybe the right thing to say is that most of us will lose in the long run, but think of the smart people or the gifted one, they have made their fortune out from gambling, how about Billy Walters, a billionaire man now because of gambling.
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