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10521  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: October 25, 2016, 12:46:23 PM
Not yet because i'm still not sure where i can invest it confidently. Exchanges right now are not also safe if you remember mtgox or cryptsy if i am correct. So there are no safe investments right now in the world of bitcoin.
You do not need to put your money in an exchange sites as there are a lot of wallet that you can use to grow your bitcoins without venturing to trading, that is only if you are afraid of losing your money because of the bad experience of the exchange sites in the past, by the way to forget to mention bitfinex.
Well ,its not that ,you are inside with your fear i guess you don't want and you're afraid now to risk you money .I feel you but when you will start again or you are just beaten  with your fears hiding on it .taking it ,face the reality that yes no system are safe but you can put minimal amount on it .invest what you can afford to lose .take risk but don't put all your money ,play safe but don't play safe with your fears.
We have to be very cautious when it comes to investment because that is our money that will be use after all and only our decisions do matter. Never forget, that in investing in the crypto world it is all about chances and the risk we get, so nothing can always really guarantee we make easy money here.
10522  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: October 25, 2016, 05:49:33 AM
I have been reading in this thread and I have not seen any legitimate person that says he is rich in gambling, most of the comments are just being rich for a day or two. That will only prove that to be rich in gambling is a hard journey to do and since no one is telling here that he was rich because of gambling then maybe our chance to be rich is like 1% or less. Would you agree with that?

Well only few people that are becoming rich in gambling and for sure they don't want to expose their self in this kind of forum.

Even I, if that is going to happen to me that I will going to become rich in gambling, I will just going to keep quiet in my room and going to enjoy my riches.

So basically no one from us here became rich in gambling.
Only few but we do not know who are they, but that is understandable because these people does not want to be name in public maybe because of their concern for the safety of their life and their method to win consistently. Most of the successful gamblers are in the sports betting industry.
10523  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: October 25, 2016, 05:46:46 AM
It not stable for now, I have been waiting for my bitcoin for almost 4 hours and still it is unconfirmed in the blockchain, I hope this problem will not happen most of the time and although this happens I am quite positive that this is due to massive demand of bitcoin.
10524  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: October 25, 2016, 05:45:17 AM
Quit Gambling! Stay away for a month if you are an addict and get involved in some other activities..  Slowly, you'll notice your addiction is dropping.. And you'll be able to quit soon "IF" you try..You'll never earn anything in the long termterm. You know that very well!
One month time is not quitting IMO, you are just relaxing under that situation and maybe by the time you will come back you have more money to lose again,LOL.. I hope that time it will not wreck your life again but enjoy gambling and maybe fix your life if possible.
10525  Economy / Economics / Re: Bitcoin worth to you or not... on: October 25, 2016, 05:37:56 AM
Well, I'm pretty sure that bitcoin worth to me. I am always looking for bitcoin every day, and it really helps me in running the day-to-day, even more bitcoin gave me considerable additional income, so if it is not hot to me, maybe I would never look for bitcoin.
You do not have regular job besides earning in bitcoin? i think much better to have regular job while doing earning in bitcoin, bitcoin is really worth for me as other source of income it will gives me great additional income to have extra money for expenses.
Yup don't make this Bitcoin earning is your regular job, The price may go down at any time. So just make this as your part time job and find any other job to live your life. From this earnings, you only can manage your daily needs but you can not able to run your full life.
Right now, I am having a hard time making even bitcoin as a part time earning since lately I have been very busy with my day job. I miss the time that I am able to make a good amount on a weekly basis.
It will actually depends on how you can mange your time mate and what job you are doing here, if you are relating to some micro jobs then that is not worth as you need to give your full time to earn a decent amount of bitcoins, maybe since you have a day job you can set up a capital for trading.
10526  Economy / Economics / Re: What is your best investment strategy? on: October 25, 2016, 05:29:50 AM
Best investment strategy is always creating passive income to survive in bad positions. So coming from working class, I don't have passive income option but I try to save money and invest bit on secure shares for small returnings for future.
that's good saving money and try also to make some research because with your savings you can make some good start capital
play with your bitcoin to make it grow little by little, i think btc lending or trading alts.
If we cannot save, that would only mean that we will never be successful in our investment because without savings we cannot invest. Our skills will be tested if we are discipline enough to achieve our goal to save, sometimes our words just lack actions and actions is what we need to get things done.
10527  Economy / Gambling discussion / Re: Gambling should be considered as a Sickness!! on: October 25, 2016, 05:25:36 AM
It's depends on the attitude of the people towards gambling.. It can be addictive but once you already on the limit and hit the wall that's the time that you stop gambling.. but some people will still keep going and going until they win no matter how much lost they have.

I also think it depend on player's mind what is expectation he have and how much money he want to make, if anybody won decent in the beginning than it will be much hard for it to stop this easily, I think this kind of behavior is purely sickness when anybody find himself helpless in that kind situation.

I believe the main risk group for gambling addiction is lonely, depressed people who don't have any interesting activities in life, such people usually become addicted to drugs, booze or any other things. People with healthy relationships, lots of friends and hobbies usually have much better self-control and don't become gambling addicts.

You have a good point there mate! People that have a very active lifestyle and is surrounded with friends are not likely be addicted to gambling unless that person really want to play more than spending quality and fun time together with friends and loved ones. Those people that are bored are really prone to this addiction because they doesn't have any outlet.
Not really,  I have an active lifestyle myself but I was addicted in gambling before. You know, the main reason why a certain person can be addicted in gambling is because of his will to earn easy money, easy money - it should be emphasize because gambling can give that to us, but most of the time we failed to realize our chances on achieving our goal that's why we failed most of the time.

Aiming  of  easy  money is  possible   thru  gambling  but as  you mentioned  we  always failed that  why it leaves us  being broked on the  end.  Gambling  should  be  treated as an  entertainment  not  a money making  game because we would really got easily addicted to it.
Like they said, nothing is impossible in this world so you can still make a method to be successful. However, only if you are serious enough will you succeed of making money in gambling as it needs more time to experiment and that is continues learning you need to do.
10528  Economy / Economics / Re: USD vs BTC on: October 25, 2016, 05:23:45 AM
If you compare price wise, then The Bitcoin is more popular than USD. But if you compare security wise USD is best in this world. Yup the USD is legal currency in all over the world and USD is paper money. But the BTC is just digital currency, and many countries does not aware about this currency. So according to me, USD is first next BTC.
I cannot believe you say that, bitcoin is more popular than usd? Are you serious?

My kid knows about dollars but he does not know about bitcoin, the fact that the users of bitcoin is just 1% of the total world population only prove that your statement is not true.
10529  Economy / Economics / Re: Best way for steady income on: October 25, 2016, 05:15:04 AM
Personally, I do not know of any way to generate passive income in Bitcoin. All methods require my participation. I have to work hard to get your Bitcoin

There are ways to earn passive income, but it is risky, and I think not advisable to just use your money.. Others use their big capital to earn steadily without doing anything just by investing and lending... I too do effort to earn and it is easier that way and without too much risk, only effort...  Smiley
Investing and lending requires a big work to do, when there is a big amount involve as your capital you will really ensure that you will be able to make a profit and not doing anything will just make you unsuccessful as you cannot rely on your luck all the time.
10530  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: October 25, 2016, 05:11:51 AM
If im going to answered this question with all my thoughts then yes bitcoin price really matter to me im just depending my income into bitcoin and if the bitcoin price fall into bottom then i would probably cry and then waiting for the price of bitcoin increase again this is the matter of fact that if you are going to expect bitcoin price increase it just decreasing.
Regardless of the price of bitcoin, that all matters to us because we can determine what to do if we know the price, for traders price really matters a lot to them as that is the measurement of their analysis before they will make a final decision on what and when to trade.
10531  Economy / Economics / Re: If you were in desperate need for money.... on: October 25, 2016, 05:07:54 AM
Personally, I would take a loan if I was really desperate. I can then pay back with interest, later and get my immediate need satisfied.

If I wasn't in need, severely, I would just use my signature campaign and some trading. I can usually, store up quite some money by doing both of these strategies.



I won't take a loan if I am really desperate in need for money. Instead of getting a loan I will just going to ask my friends and parents that I need money and it is going to depend on me if I will going to pay them. Because they are really kind to me and I had done that before. Because taking a loan would lead me more problem and desperation.

Its good for you  that you have a  kind  family and  friends   but  for those  people dont have these  kind of  family and  they would  not lend  him any  amount  with it for sure you would definitely  find some  loan as a  last resort. Actually we could not really   point out  directly  on  fixed  situation because  it really depends on person status.

I for example do not have relatives or friends who can give money. Therefore, in the case of an emergency need for money I will sell assets. Including Bitcoin
You have no choice mate, you have to sell all you got to solve your problem of money, if you have bitcoins that will commensurate to the needs the better as you will no longer have a problem as bitcoin is easy to sell as it is also money in the internet.
10532  Economy / Economics / Re: The future of the paper money on: October 25, 2016, 05:03:39 AM
paper money can't be removed in this world until all people have free internet conection, use digital system, and have hardware (smartphone, trezor wallet etc.), because in this world still have place without internet conection, and far from city.

It is right. People need to remember that there are poor countries. In these countries, some people do not even use the Internet. Therefore, they have paper money - the only means of payment. Paper money will be a very long time

They cannot be reached by tehnology that is the problem or they dont want to.
Tribes dont like that idea. They want to live by their traditions and just keep living just like that.
I do think it is healthuer that any country with a high technology.
But for us, if bitcoin want to get global then that will be just for those rich countriea.
There is still much to tackle before it can happen. Paper money will be here for a long time.
Not at all as there is no 100% secure system and when the system will be compromise it will create world chaos and might destroy the world for a possible world war, I know its kinda over scenario but that can happen if we will allow it to happen, paper money should remain.
10533  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: October 25, 2016, 04:54:47 AM
easy way dont exist in beginning only after some time can be easy after a long practicing and investing maybe in account
Investing is a new concept all-together but earning from gambling is literally impossible as said many times. If you want to profit with gambling, just try to gamble on events ( most probably sports ) that you feel you will always win, because events where you gamble randomly will always give you loss.
That does not even guarantee, but it is a fun game. Sports betting is always the best game in gambling because you can see that games are real and players will fight for the team to win, so you can analyze what team are the stronger one and you can put your bet with confidence.
10534  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: October 25, 2016, 04:50:29 AM
If bitcoin was dead then so would this forum be and those people wouldn't even be posting here. I think most people who claim such things are just trolls. Some are probably pissed that they missed the boat or bought in at the peak and now they can't do anything but pass the time by trolling (that's if they didn't sell their coins already and are now at a loss which would explain the hostility). Trolls just need to find better things to do because if people on here thought bitcoin was dead then they wouldn't even be here in the first place.
Definitely, you make a good answer. The obvious reason why we are here is because bitcoin is alive and kicking, the price is currently rising, so do you call that a dead coin? I guess not, and we are making benefits of using bitcoin which does a dead cannot give to the living.
10535  Economy / Gambling discussion / Re: Why is gambling so addicting? on: October 25, 2016, 04:47:43 AM
not all gambling addiction caused by money and greed of man against it. but gambling addiction also caused by the pleasure of going to the game.

That's applicable to those who have money and want to look for pleasure, or those people who are depressed and looking for escape... But most of the time gambling is addictive because of what you will win there, there's nothing more tempting in gambling, it's only the money... That is why gambling is advertised like that with those "win as much as you can" or " hit the jackpot" sometimes flashing...  Smiley
good point mate its all because of the money that you can possibly win and its really attract more gamblers to keep betting and became addicted.
It cannot be argued that most of us here are rooting for the money that's why we are gambling and although we devoted our time in working and making money online, sometimes we tend to make a wrong decision of gambling due to our greediness to double such amount.
10536  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 24, 2016, 01:24:53 PM
Well the word never sell is not right, it must be why you should not sell your bitcoins as of now. And with the word, never and ever that clearly says that you are going to hold your bitcoins until the Earth explodes and why you are holding if you don't have some goals for it then don't get involved in bitcoin if you are just going to do that.

Thats right, there is a really big difference between never selling the coins and not selling them for a particular period of time, because if you say never sell them it simply means just keep them and never take them out, but not selling them now would mean that you should wait for sometime and then sell them as the price would probably go higher by then.

Bitcoin I consider as an object of investments therefore could not understand why he always kept. The time will come and I'm selling it. What are the reasons for this, I do not know. Maybe I just need money urgently. Or maybe just want to sell everything.
Maybe the topic was not right because no one will not doing it surely, we sell to enjoy our benefits and that is the only way because bitcoin has no value when we do not convert it to fiat, I also do not get what the OP means but I will just understand that he means we should hold for a longer period of time.
10537  Economy / Gambling discussion / Re: Everyone looses in the long run on: October 24, 2016, 01:18:44 PM
but i think every one is not loosing in the long run, there are so many people who are making good money gambling, actually they have good experience in gambling.

Well they are only few, but the majority are losing in the long run so I would say that if we are going to convert that in ratio that can be 1% of total gamblers are earning great with gambling. So for me, if you don't want to enter in gambling and you don't want to lose a lot of money then better stop your gambling career.
Maybe I can testify that we are losing in the run is real, I am saying it based on my experience, all I get in gambling is just a temporary winnings, hence I have to be wiser now and instead of gambling for the sake of making money, I downgrade it to having fun only.
10538  Economy / Trading Discussion / Re: Is bitcoin better or paypal? on: October 24, 2016, 01:14:24 PM
I think bitcoin is better.I don't use paypal.
i agree with you that bitcoin is much more better because bitcoin is available in everywhere in the world for shopping and a lot of people are using bitcoin because transaction is very faster and secure and bitcoin transaction fees is very much lower.
I also agree because I have dream to buy few things and this was not possible because paypal is not available here in our country now just because of this bitcoin its possible for me to buy many things and its reaching to me very quickly without any problem
Yeah you are right that paypal is not acceptable in everywhere in some countries and bitcoin is really acceptable in everywhere and i also do not paypal because fees is very much higher and bitcoin is very useful nowadays.
so you're actually having opinion that paypal which is now well known amongst online store and being primary payment method aren't available everywhere whilst online stores which accept this payment method are far much more than the online stores which accepting bitcoin
Maybe he does not have a real paypal account, I know paypal was one of the popular payment processor online because most of the freelancers online are required to use paypal, just now that when bitcoin is getting popular, some employer are shifting to bitcoin since they can save for the fees.
10539  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: October 24, 2016, 01:09:10 PM
But banks can now also be accessed online, and I think almost the same as digital. Banks I am sure will have plenty of ways to stay afloat and I'm sure it would get help from the government. That's why banks are very difficult to disappear.
Banks are way better but smart investors does not trust banks that is why they are here and they are making bitcoin successful.
The big difference is that bitcoin is decentralized and we are confident our currency and investment at the same time is at safe hands, we are lucky we found bitcoin now as this will make a big difference in the future.
10540  Economy / Gambling discussion / Re: Do you consider trading as gambling? on: October 24, 2016, 01:02:11 PM
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.
Gambling is hard to succeed but trading there is a chance, the big difference is that the longer you trade the more chances you can master and might be profitable but in gambling those gamblers who gamble regularly are subject to losing as we can never master a game with a house edge.
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