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1061  Economy / Economics / Re: Sell Everything? on: August 29, 2016, 11:57:21 AM
Sell everything isnt good for bank or country to private companies because that is destrosing people freedom and it sends countrues to bankrupt like Greece,Cipar,Italy and Spain.
you are right, i never sell everything i have especially my bitcoins, it would be a really dumb decision to make because bitcoin makes me some decent profit
I think it's not a problem to sell all bitcoin. as long as you have a good reason as you did for the trade because you're used to your advantage and you sell at a high price. I think it's not a problem to sell all your money

I think it will depend on what price you bought in the past, if the current price is higher then you can sell some  part of it, but selling everything is not a smart decision to make.
you might be right, if you actually sell all your bitcoins then you should make sure that you make a lot of decent profit right now

If he insist then you are right but its not time right now we should wait couple of weeks or months until the price of bitcoin rises. This time it is better to collect or buy some bitcoins because the price is to low. It is good for traders and in trading right now Cheesy
1062  Other / Off-topic / Re: When is Bitcoins going to die? on: August 29, 2016, 11:50:52 AM
Why bitcoin isn't going to die? Because many persons have invested millions and the darkweb is more vivid than ever nowadays with dark markets popping out almost everyday, number of BTC transactions there is increasing everyday, so no Bitcoin isn't going to die in at least 10-20 years but for me it will never die.

People also invest in stocks etc.....and some loose big time. The return from Bitcoin mining will so soon (if not already) become so small that you don't want to bother. Try set up such a miner yourself and run it in a western country. The electricity cost will quickly drain your pocket.....so basically it's mainly run in third world countries like China.....do you trust China?

The darkweb is a disgrace for argumenting for Bitcoins, but if you do so you could argue that the Darkweb could easily shift to another currency like Rimbits.

Oh...by the way they had some years ago a nice totally fake hardware you could preorder...I was stupid enough to do so....I never saw my Bitcoins again.... Hong Kong company by the way
We cant predict some place or moment when the bitcoin will die and i dont think he will die ever because the price of the bitcoin is positive and there are just coming more and more poeple who are using it right now. So if you think the bitcoin will die you dont know where you are talking about maybe die in price drop but seriously die nooo i dont think that would happen!

Nothing is impossible dude! There are possibilities that bitcoin died we dont know the reason why it gonna happen but it has a low percentage that the bitcoin dies. Bitcoin is popular right now lot of people using it and i dont think so that it would die early now but soon decades? haha
1063  Economy / Gambling discussion / Re: How can gambling help you with your life? on: August 28, 2016, 04:04:51 AM
Gambling help me with giving feels fun and happy and sometime i get profit from it (if i am lucky) actually gambling doesn't give me much profit because i just played gambling with low betting. But gambling has given nice entertainment for me.

You should consider gambling as a form of entertainment. You can gain some fun out of it with a chance of winning some money. However, you should realize that "the house" (=casino) is more likely to win and you should only gamble amounts that you can afford to lose.

Gambling help me if I win every time, so I would be rich. Mostly people gambling with intention to get some profits but more people loss than win it. So we change our desire to have fun and get some gambling experiences, just like low betting to avoid huge losses and only big bets if sure of our winning.

But the sad part is we doesn't know when to bet big on sure win situation and i dont think there's an existing scenario that you can make sure to win on that turn, and the one i've really see is counter part of that maybe some other people wins huge its because the luck is on their side but i dont think it really helps for that people its because it can make him go gamble again and wants to earn huge money from it.

Yeah you are right! Greedyness! If won in gambling you are thinking again to win that is bigger that you won last time so you just bet big then loss. I hear lot of people won big amount money and change their life because of their luck but luck is one time only it hits big for you Cheesy
1064  Other / Off-topic / Re: Bitcointalk is a good way to get information about Bitcoins? on: August 28, 2016, 03:40:00 AM
Do you think that Bitcointalk is a good way to get knowledge and information about Bitcoins?? because Bitcointalk is very useful for me to get information about Bitcoin.
Well that's the purpose of a forum about bitcoin like this site. Bitcointalk is one of the most famous and trusted forum among bitcoin forums which gives information about bitcoin even recent activity about bitcoin is being post by other people. But just some people just use this site to earn money by selling accounts.

Yeah you are right Bitcointalk is a good source of information about bitcoins . Also bitcointalk is helping you to earn bitcoins online by joining signature campaign or doing some services stuff or selling stuffs with a payment of bitcoin. Without bitcointalk i dont know what is trading tips and tricks of it also in gambling Cheesy
1065  Bitcoin / Bitcoin Discussion / Re: What is big problem in using of bitcoin on: August 28, 2016, 03:13:58 AM
Its risk when im converting btc in real money Smiley

It is true, that the conversion of BTC into real cash is very risky. However if you already know the plot in the bitcoin I am sure that the risk is even becoming a tremendous advantage to you. because the price of the btc can you get (know) and you can also get a bigger profit from normal price bitcoin

I don't think there is any risk in converting btc in real money, I am successfully doing it since I am into bitcoins, it easily gets transferred to my bank account, btw can you tell me what is the risk in it?

Ya it is true that converting btc in fiat currency is easy, i am living in india and i am converting my bitcoins to fiat currency through localbitcoins site and i get directly to my bank account, so if you tell which country you are residing their will surely be some local exchanges or you can get online exchanges also to convert it.
I think the risk he is talking about is that when he converts it to fiat, the value of bitcoin then goes up. Well, that's just pretty normal if it happens. We can not predict accurately the value of bitcoin.

The biggest problem for me on using bitcoin is that there aren't much of a physical store that accepts bitcoins. That's just a shame and I can't spend my coins directly. I need to cash them out first before I would be able to use them.

Same ! here in our country no store as of now and that i know that accepts bitcoins but there is a store that you can buy only bitcoin but they cant accept bitcoin as payment . The value or the price of bitcoin that is unstable is not a challenge for me sometimes because that is bitcoin we accept it. The only problem is you cant spent your bitccoin directory to the stores of yu buy something.
1066  Other / Off-topic / Re: How long you in bitcoin world? on: August 28, 2016, 03:04:11 AM
The registration of my this account is the time when I involved in bitcoin, yes I started to use bitcoin on 20 January these are only a few months but I learned much more about bitcoin, and I have shifted all of my transactions to bitcoin, as it is a much convenient currency for me.

So you're pretty new with BTC then! Welcome, and I hope you'll have fun with the BTC community. I've learned a lot of things with the help of Bitcoin, and I have earned a lot of money too: over $450, for free!
well if it is for free then it is a decent amount though it also depends on how much time did you already spend to be honest

You should spend lot of time in earning money or bitcoin online. Lot of people surrender because it is pretty difficult to earn online just like me almost a year of finding my first bucks online and i saw the bitcoin so i just made it Cheesy . PS im new in bitcoin and with this currency i just bought my gaming keyboard Cheesy
1067  Bitcoin / Bitcoin Discussion / Re: Bitcoin VS Time on: August 28, 2016, 12:43:47 AM
I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 
though for the bitcoin price it is not too bad of a year if you are an investor as it should have given you some decent profit to be honest

It is true. This year bitcoins has given quite good profit for all investors. It is good for any market to have smaller corrections now and than otherwise if always move up one direction then surely one day it will fall suddenly. I hope now prices are stabilising around 580 range and in the next move it may cross 700.

I dont thinks so that this year is the year of bitcoin because i expect to much with the price ? or the falling price of bitcoin is very unexpected to me. haha Im just new to bitcoin thats why i expect to much with it so for me this year is not the year of bitcoin not like way back 2012 Cheesy
1068  Bitcoin / Bitcoin Discussion / Re: A teen is given $1K to invest into Bitcoin - what would you recommend for them? on: August 28, 2016, 12:37:31 AM
You could try peer to peer loans. They don't pay as much as the risky strategies but they'll definitely grow your portfolio a bit.


i would definitely not do that, in my opinion it might be really risky either, i would just gain experience in crypto trading and then do that
Yeah you are right it is really risky  Angry . Trading and the gambling the the good source of it but you dont have luck then dont do in gambling they just get your money haha or if you have skills then go to trading but for me i dont have both of it so i just want to store it and wait until the price of bitccoin bigger Cheesy
1069  Other / Archival / Re: Would you keepuse Bitcoin if government says bitcoin is illegal in your country? on: August 27, 2016, 06:01:09 AM
As we know, some country banned bitcoin and it's illegal to use/own bitcoin there. But, i see some people who still use bitcoin even they know the risk.
So, would you keep use Bitcoin if government says bitcoin is illegal in your country? Even if they could spy you on internet?

If that really happened my country (i hope it won't happen), i would still use bitcoin, but i would use tor browser and paid/trusted VPN to do any bitcoin activity.

More info (might be not up to date) :
1. Legality of bitcoin by country
2. Is Bitcoin Legal?

I would still use bitcoin even if it`s banned in my country.

Bitcoin is outside government control and we have to keep it outside government control.

Banning bitcoin is illegal.

If government inserts or block us we cant  do any Sad but if they really block the bitcoin in our country then bitcoiners will find a way to used it Cheesy and also earning bitcoins online Cheesy it doesnt mean that the government blocks us then we should already stop? No ! we just keep using it and earn with it Cheesy
1070  Other / Off-topic / Re: how bitcoin is popular in your country ? on: August 27, 2016, 05:42:50 AM
It will depend on population of country and the percentage of people aware about the bitcoins, if people are tech friendly and believe in innovative technology then they will surely start using it.
Yeah im agree with this it always depends on population of country and the percentage of people who using bitcoin but in some country's or in the 3rd country bitcoins are banned or illegal to them some people also don't want to use this currency  but if they going to learn more about this currency probably they going to accept it slowly as heaven.

Im in the 3rd world country which is bitcoin is not really popular because almost of the people dont use the internet and technology efficiently . I just wanna say that almost 20% only knows here about bitcoins and continuing using bitcoins other are just try the bitcoin and then leave . But here in our country we have a store that you can buy bitcoin. and that is the only store that accepts bitcoins.
1071  Other / Politics & Society / Re: The first thiung that comes to your mind on: August 27, 2016, 05:21:13 AM
I always end up with a srpski film. Horrible, awful but effective movie with a good point of view to dark porn sector itself!
and what do you think about serbia. my personal view is tha Serbia is a beautiful country having hospitable people. the season remain cold through out the year. i personally want to visit. and enjoy he beauty of the serbia.

I havent been to serbia but ill visit there. Ive a serbian friend who is very smart,friendly,kind and invites me to see the beauty of his country. I dont mind the weather he mentioned a good night life there Cheesy im curious tho

I havent been to serbia too but all over from news we always heard the war, killings , bombing and etc about that country all of the negative facts is what we hear but we havent see the real beauty of serbia and im pretty sure the serbia has a beautiful places and warm people out there Cheesy
1072  Other / Off-topic / Re: Which profession do you like most? on: August 27, 2016, 05:11:30 AM
Something to do with foods.  I want to be a chef before.  I always bought ingredients for me to cook something.  I always ended up on food magazines and reading new recipes.  I also bought some cook books andwoild always watch a cooking show. It is just hard to study cukinary as it is quite expensive.  I must earn a living first for my family rather than doing some lessons with it.

Being a chef is so cool. They can do a lot of neat design with the foods. I wish I could do stuff like that, but I rather be a man. (I'm just kidding. It was just an attempt at humor based on this scene https://youtu.be/_Ib20hoh6QU?t=509 don't take it as an insult. The best thing in the world is being to find work in something you enjoy.)

Yeah chef now a days are really cool also they have a big salaries Cheesy also as a boy you know how cook or made a deliciuos food because girls now is they dont know how to cook then this is the time that we should know how to cook Cheesy Also if you are good in cooking then lot of girls will fall for you hahaha
1073  Economy / Economics / Re: The future of the paper money on: August 27, 2016, 04:58:37 AM
Today I bought some chips with 2 quarters, quickly getting out of the store to catch the bus. I love Bitcoin, but it's not going to replace being able to quickly hand in two quarters and then back out. Small purchases like those. I mean if I payed with Bitcoin, or even a debit card, which isn't accepted at the grocery store would have been much more inconvenient.
Why exactly not? With SegWit, Lightning Network and possible even more awesome upgrades to bitcoin protocol, transaction will be almost instantaneous.
And in that situation, you described if you would have bitcoin wallet in your smartphone installed you could scan QR code any cashier can generate and pay in matter of seconds.
We already have technology for that - all we need is will of people to know about this and change current system - which can be much harder.
People will only be interested to listen bitcoin when they have assurance which is very hard for bitcoin to provide. The assurance like the banks offer that when you loss your money due to banks failure you will be refunded by insurance. But let us see in the future as I am pretty sure more innovation will be made to have the confidence of the people to adopt.
According to statistics, more than half the population of the globe is the elderly and children. What do you think, what money they will enjoy if they offer a choice between Bitcoin and paper money? I think the answer is obvious.
That's obvious and we cannot realize the expectation of the others that bitcoin will be use by everyone in the future. Only businessmen and people who love to buy online are interested in using bitcoin and it will not rule over fiat and that is the reality we need to accept starting now.

Yep . this is reality . Person who loved to buy online stuff is the one using bitcoins . We should say that one day bitcoin ruled the Online Fiat money in the future but in reality not. It is impossible !
1074  Economy / Gambling discussion / Re: Didn't know I can loss all without winning anything on: August 27, 2016, 04:52:55 AM
Sometimes bad luck happens bro, I played slot once too and from 0.02 Bitcoin i won 0.5 Bitcoin but because i thought that slot is very easy game and i am lucky i withdrawed the 0.4 and played with the 0.1, I lost that 0.1 deposit another 0.1 until i deposit everything and in the end 0.02 to 0.5 to 0, that was just overnight Smiley still i had a good experience and never played slot again .

It shows that clearly in gambling only luck can bring us the money and other skills are secondary. When you make some profit from gambling try to get out from gambling as soon as possible and you can come back later to try your luck again with small amount. But you allow your greediness to continue until you lose everything what you earned and your money.

This is gambler's fallacy. If you do x bets now, then leave and return later to do y more bets, that's the same as doing x+y right then.

I don't know whether it is correct or not but if you gamble X+Y bets all together your losing chances are more compared to splitting your bets and also changing your odds in between gives a better chance of winning. This is based on my observations only but don't have anything to prove my words.

splitting your bets or dividing your bankroll into different sessions is one of the many strategies that pro gamblers are doing. Don't bet all of your bankroll allin or in just one session because that way, you only have one chance to get lucky compared to having many sessions where you have many chances of becoming lucky.

Yeah nice tips. because it is a high possibilities that you losses if you bet high or something one time bet than splitting it and try to predict the game if you can predict it if not then best wishes! haha But gambling for me is if you have luck then you win also if you have skills not always winning but your wise enough.
1075  Economy / Gambling discussion / Re: Is it a sin to gamble? on: August 27, 2016, 04:45:08 AM
Is gambling OK? Don't bet it! There's not an easy or instantly obvious proof text answer to that question.
what do you think mate? is playing gambling oks ? it definitely a sin because you are wasting your money instead of buying of your foods or something that you need you always take the risk to gambling , just because you think always that you are going to double your money in that easy say Tongue

What if he/she wins? and double his earning then he buy foods and something that he needs? Is it also bad? Yep gambling is bad if you are wasting your money like you just borrow money to others and play it in gambling then loss it again then borrow again and all in your life is full of borrows thats is bad! but if you are into gambling and you can take care of your money then thats not bad at all
1076  Other / Off-topic / Re: Why we must trust with bitcoin? on: August 26, 2016, 11:41:01 AM
We must trust if all users has an investment in bitcoin if you do not have any investment just believing is great help for the bitcoin lives to be longer like a real fiat, if you do not want to trust in bitcoin i think you will not be longer used bitcoin in your life.


Trust is based on the thing which is not faking at anywhere So bitcoin is also trusted and we need to put some investment for its growth and then It need nice adoptions to grow globally.
If big financial services companies accepts bitcoin Definitly It would be accepts from all the aspects.
Success does not happen overnight mate, as of now I am already see some merchants are adopting with bitcoin. For men, I can see it as a good start since the adoption is progressive and you can really tell if this will continue we can achieve a massive adoption in the near future.

Meaning there is still a legit mining site nowadays? Actually, I never do invest in a mining sites ever since I joined here in altcoin world. Because I read in the community most of the time they gave advice not to invest in cloudmining because tis too risky, but in your statement is different to them. Can you give me some of the link of mining site were I can try to invest in so I know the feeling of it. Thanks in advance.

Yeah all about investment is very risky because of the scams! Because of the past bitcoin halving almost or all of the cloud mining site becomes scams because of the price of the bitcoin is too high so now for my opinion it is time to invest to those cloud mining sites again because of the price of bitcoin is back to normal Cheesy but it is prettyy difficult to mine right now
1077  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be used for Good? on: August 26, 2016, 11:33:54 AM
lol
bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
ya like money , it is neutral and depends from who use it , just confused why some people blame the currency and not the user if currency being used for bad thing
But we need to manage our bitcoin well use it only for good things and do not used it for some illegal transaction (bad things), bitcoin is design to help some people who need some extra income and it also give wealth to some who are earning a lot in terms of bitcoin.

Yep you're right bitcoin is design to help people on transaction so that we have a fast and efficient transaction online without any fees Cheesy . But because of the faster and sometimes anonymous transaction it is used in illegal things because it is easy to play and sometimes untracesable. But overall bitcoin is just for the good transactions and not meant to illegal things.
1078  Other / Off-topic / Re: Why would customers use Bitcoins? on: August 25, 2016, 11:36:19 AM
I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.

So what is really a benefit for using Bitcoins, customer wise?

In my perception or assessment there are many reason why some of the customer using it such as: They can use it for shopping who accepted bitcoin, they can use it for money transfer, they can also use it for billings, they use it for savings, and most of the time for investment and other businesses who adopted bitcoin system.

But why would a customer use bitcoin in paying someone or paying something or in his/her purchases? As OP said there is atleast 3 cents transaction fee in each time you use bitcoin... IMO, a customer will use bitcoin when it is the only money he has, or it is trending or it is one of the latest payment option that could make him looks cool or he wants to promote bitcoin in the way that he can/know OR fiat is not in circulation anymore which is very futuristic...  Smiley
The fee does not matter to the customers, most of the customers wants convenient and they are willing to accept the cheap fee and beat them on their own. Also, it is a good promotion as you said to attract people in using bitcoin that would help the adoption.

Yeah you're right! Because lot of customers wants a smooth sailing transaction and fast and very easy although it have a fee it doesnt matter as long as you can give the thing fast and easy.
1079  Economy / Trading Discussion / Re: Skills vs Luck *poll* on: August 25, 2016, 10:43:32 AM
When trading What Matters More Skills or Luck?

Both are needed. As sometimes you have to be lucky to predict future and buy/sell at good time, and sometimes you need to have skills and knowledge for same reason.
Yeah you should have a luck so that your buy/sell is successful Cheesy but for me i do prefer skills in trading because luck is not always in there not like skills is that you gain that and that things is not going to leave you it stays on you forever not like luck it is not with you forever
1080  Economy / Gambling discussion / Re: How greedy you are ? on: August 24, 2016, 11:41:59 AM
I just gamble for fun and I'm not that active compared to last time.  Right now I'm just focusing to some stuffs that you will certainly earn.  In gambling your loss is much higher than your profits so we should just gamble moderately
In gambling profit and loss both are equal. But our greedy will make us lose more in gambling, and I am also play gambling just for Fun and time pass. But I am not greedy I have control on my emotions, While playing gambling, i will fix one amount if I lose that I will never run behind that. So I have the capability to control on my greedines.
Well thats a good attitude when playing because you know your limitation and you are aware what gambling can do to you. i have also many losses and sometimes i became greedy even i dont have money to play i will make ways just to play again like borrowing money to a friend then i will lose again. its just old days because im not that kind anymore.

i think many people that play gambling doesn't realize about their limitation, all they know is how to make money with gambling and they will continue to play until they don't have money to play. and if this is the situation, they will borrowed from other people and continue to gambling.

i am glad that you are not that person anymore, and you should be proud of it.

Then you are very lucky if you are the one that they borrow money and you give them a little interest if they give back the money hahaha earning from a borrow Cheesy . But yeah you are right lot of the gamblers they cant manage their self when to stop that is not a good sign although they can get back their money but sometimes not then they should control their self Cheesy
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