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10681  Economy / Economics / Re: Bitcoin or gold? on: October 19, 2016, 05:54:39 AM
gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

Gold is really a good type of investment but for me. Since I am in bitcoin, I would say that the best investment would bitcoin and it is already a good currency.

And it has a lot of services that you can enjoy like using it as the real currency in your life and it is a very good payment processor.

If you have love ones in other country.
If you will analyze carefully, gold might be valuable now but bitcoin is more valuable although we have not seen yet in its price today. The fact that bitcoin is design to give its users and adopters the benefits of using bitcoin to transact online it could already help people make good savings if they will just adopt with bitcoins, and for that makes it more value since it is useful in our daily lives.
10682  Economy / Gambling discussion / Re: is gambling fix your life? or wreck your life? on: October 19, 2016, 05:50:53 AM
For now gambling is fix my life but i dont know for future
because everytime we can lose and busted
so far gambling is give good impact on my life

Good thing that gambling has able to fix your life and just keep on doing it so that you are going to be able to have a good life with gambling. And you are few in this world that gambling has made their lives fixed. Not all the people is going to say that gambling has a good impact to their lives especially when gambling wrecked their lives.
When time comes that gambling will be able to fix my life I would wish that I will be a millionaire because of gambling, for sure that would certainly fix my life as I would build my own house and maybe quit gambling for good and spend my winnings for the good future of my family.
i think no one know in advance that when gambling is going to fix your life, it is always a chance and no one know that when the chance is going to click so you should continue your struggle and wait for the time.

I think the time that will gambling going to fix your life is when you realized that gambling is the one that is destroying your life.

And upon realizing that then that is the time when enlightenment is going to enter to your mind and you are going to fix your ways and going to stay away from it.

That is the most scenarios that are happening when a person says that gambling fixed his life.
Most of the gamblers are very reactive than proactive, in the first place we know already how dangerous gambling is and it might ruin our life if we will not be careful but still we are still gambling hoping that it can give us fortune, our aim is good but our method is not because there is no way an ordinary gambler with lack of capital can win in gambling.
10683  Other / Off-topic / Re: Are you buying bitcoins? Why? on: October 19, 2016, 05:38:42 AM
Share with us what's your main reason for buying bitcoins?
i am not buy it yet because i am still new in bitcoin and try to earning it little by little before i ready to use my own money to buy and invest in bitcoin

Yes as you are new to the industry, I think you should focus more on earning them in different ways and once you have enough capital buy them if you are satisfied with the price as more number of coins will give you more profits in future.
A goal is very important, you cannot just buy and buy without control as even we are too convince that bitcoin will be better in the future, we still need to put some doubts on its future to, hence we need to buy bitcoin base no our budget for investment that we can afford to lose.
10684  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: October 19, 2016, 05:35:43 AM
No or not yet lol, rich from gambling i think its too difficult need big fund and big lucky
but atleast we can get profits from gambling
but if we can get big profits everyday, not impossible that we will be rich from gambling Cheesy
I guess there's no chance we'll be profitable everyday, not even the professionals I guess. If that would be possible then maybe most of us here are already rich and gambling sites will not boom as we have witness nowadays. Maybe, we can only win and become rich when we hit a big jackpot price like a lottery.

In gambling, there is really no assurance that you are going to get good profit out of it. So the chances of becoming rich in gambling is very low. I would say the chance would not even reach to 1% and only the lucky ones who are betting small amount and able to win big amount. But all the time is Christmas day so that is impossible.
Yes you are right, it is very difficult to benefit from bitcoin let alone to become rich. Someone who win big in gambling definitely has substantial capital to bet that can win large amounts. But victory in gambling can not be continuously and heavily dependent on luck.
That's should be done if someone wants to make money in gambling, with a little bankroll we cannot be serious with our journey in gambling and we cannot make a track record on our journey because all we do is just to have fun and maybe if we will win sometimes that's it.

yes its true and for me, i am not yet get rich from gambling because i am not too often playing gambling like other people do, i only play gambling when i have money to spend and not i used to buy something.
Just do not dream to be rich in gambling so you would not lose a big amount of money, gambling to become rich is only for the gamblers who are rich but want to become richer, you need to have a decent bankroll to have a shot.
10685  Economy / Economics / Re: Is it better to save money or invest it? on: October 19, 2016, 05:29:52 AM
Are they not 2 sides of the same coin?  Investing is saving, and saving is investing...
Spending or Saving would be a question...

You have the point on it, because in crypto currency if you are going to save then you are already investing for your future.

Well that is going to be a good question for spending or saving. And I would go choose for saving and don't spend for the things that you don't need.

So that you are going to have good savings.
This is advantageous for those who are working here as they can bitcoin as their salary and they do not need to buy anymore, with their earning if only they have the ability to save then it would be a great investment which in the future would be very valuable.
10686  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: October 19, 2016, 05:20:41 AM
I am satisfied with my salary  and receiving in real fiat is much better than bitcoin because bitcoin is not stable and its complicated to exchange into fiat i always go to remittance center or bank before i get my salary i do not like that.
yeah there are many reasons why a lot of people seem to choose to prefer receiving salaries in fiat rather than in bitcoin,
of course the main reason is to use fiat easier for spending, and fluctuations will be a bad effect also maybe
The only reason behind people not willing to accept their salary in bitcoin is that price is not stable and due to that you can never expect stable income on monthly basis which is very risky.
That's true because there's no problem on how to cash out our bitcoins as anytime we can cash it out, the price volatility is the main problem for those who does not want to take the risk on bitcoin, sometimes it will increase its value and sometimes lower.
10687  Economy / Trading Discussion / Re: did you put all your money into bitcoin? on: October 19, 2016, 05:16:29 AM
i am not put all my money into bitcoin because its not good for me. i am using my money for my daily life too, and if i put all my money, then i can continue my life, even if i make profit in bitcoin, its need time to withdraw it into cash.

Very true,  putting all of your money  into bitcoin is too risky and would really hard to do especially when you need money  for everyday  living. And if you intend to  put  it  into bitcoin  you would surely still withdraw those  money  to  convert it to cash hence  you  are needing badly  money  to  survive.
Only invest what you can afford to lose as they say, therefore me I am not putting all my money in bitcoin although I am earning bitcoin regularly, I still believe that there is a chance bitcoin might disappear and investing in bitcoin is a complete risk.
10688  Other / Off-topic / Re: 2017 Year of the Bitcoin on: October 18, 2016, 12:46:44 PM
I am expecting a decent gain by holding my bitcoin. 2017 will brings it's share of surprises and we will have to wait for it. We cannot say that the price will only get higher because "anything" can happen and by saying "anything", bad or good things can happen and it will have it's effect on the price of bitcoin.
Well that goes for both of us bro. This year's been pretty good even for those like who just started this year and i have high hopes for 2017 to at least be as productive as 2016 if not more Smiley
No, I want 2017 to be more productive compared to this year, I know most of us here guys are expecting the value of our investment will significantly grow in the future, but that would only happen if the value of bitcoin will significantly increase.
10689  Economy / Economics / Re: Loans too risky? on: October 18, 2016, 12:41:18 PM
yes there is no doubt about this that loans are too risky so you should be careful when taking loan as there is always a chance of loosing bitcoins if he price fell down so try not to buy or do trading on loans as you will then not be able to return it back.
what is the risk in taking a loan  Grin the risk lies for the individual giving out the loan ,doing trade and gambling with loaned amount is a very risky thing as you never know when you are going to loose everything,bitcoin and price really never matter if you are not looking for a profit every month.
Maybe he is afraid that he might be tempted that he will not be able to repay his loan due to lack of control in the lending operation, even if you get a loan easily but you cannot consider it as a free as that is a sin not to repay loans and just take the money of others illegally.

That is true. Most people cannot control their mood and not very displined, it is better not to borrow.

It does not always depend on the nature of man. There are also all kinds of life circumstances. Can someone get sick - then they need money very urgently
Definitely true, emergencies can happen into our lives and when we are talking of our health that problem is urgent and needs to be attend the soonest, so under the situation we are in need of money and if we do not have one that is when we have to borrow money to solve the problem.
10690  Economy / Economics / Re: The future of the paper money on: October 18, 2016, 07:58:41 AM
I think many will oppose from what they are used to, banning a paper money will be a big question from my country and maybe from the whole world.
i think that paper money is going to be around for some time and I also do think that it is going to be different per country because not every country could afford to make everything digital.
I am sure that hackers are going to love the sound of making everything digital in the future.
Yeah, every country has its own problems and i think they still dont even think of changing the paper money. Here on our country its not even a problem because bitcoin here is not a hot topic, the topic here is all bout drugs and killings..haha
Hackers really is partner of this one. Being careful is one of the ways to make your bitcoin safe.
Yeah i think we are came from same country that government fighting for drugs, bitcoin in our country is not hot topic but there are many people using it and if you want to see go to our local thread you analyse how many people using bitcoin and our paper money will not replace since not all people are aware in using bitcoin.

Bitcoin is not yet strong enough to replace paper money. About Nei knows even a few people, but of paper money all know. It will take a lot of time for people to change their way of thinking. Bitcoin - this alternative currency
What strong are we talking here? Not even in the future, bitcoin is just dependent on bitcoin and if paper money will be gone, bitcoin will not be the the only option to replace paper money, the government can make any means for transaction and it will be ensured that it will be monitored by them still.
10691  Economy / Economics / Re: Sell Everything? on: October 18, 2016, 07:54:55 AM
if we look at to the present situation of the market we can say that it really good time to sell every thing for bitcoin to buy but i think we must not do so we should invest such amount of fiat currency that we can bear to lose.

What are you saying that it is really a good time to sell everything for bitcoin to buy? Are you saying that it is good time to sell? I won't say that today is a good time to sell because we can expect more in the future and the price of bitcoin is going to keep on increasing so you don't have to sell it today just be patient for it.
If you have no emergency like you really need to cash out your investment now then don't wait for a longer period of time for better result our investment will appreciate its value overtime so we need to have the right patience to be able to gain more income.
10692  Economy / Economics / Re: Is gold better than Bitcoin? on: October 18, 2016, 07:51:13 AM
It obviously is. Gold will be here forever, Bitcoin.. I don't think so. Gold price will go up 100% sure because it's rare and people are looking for it. When we'll be more people on this world and the population will increase, gold will be harder to find. That means higher price.

I don't think that gold prices can touch the moon in future, it will go high but upto a certain extent and remain stable at that point but bitcoin can go higher beyond our imagination as there is no limit of high price in it.
What do you mean to the moon, gold continuous increasing its value even little by little but continuous while bitcoin for me i do not like the value of bitcoin will be more higher like no people can afford to invest because investor are looking with lower price before to invest.
Good for those who has a good amount of investment as they can invest with gold getting the low risk but for people who are risk takers bitcoin is the hot investment as we can also make good profit if the value will continue to increase.
10693  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: October 18, 2016, 07:39:15 AM
If you miss the ICONOMI ICO, its best to buy it when its finally released. People are trying to get their hands on it because who wouldn't want dividends? Its definitely one of the best coin worth buying.
I have seen people promoting the ICONOMI ICO but I doubt if they only receive the pay for promoting but did not investment in ICONOMI, it is just one of the greatest coin in the cryto world but it is still to early to say that it would succeed but based on my evaluation it has a potential.
10694  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: October 18, 2016, 07:34:52 AM
Why never selling youre bitcoins i dont understand why people are holding the coins for almost for ever ant that is not what you need to do with the bitcoin you know lots of peole
dont think that is the thing.
The topic itself has no sense as there is no sense of holding your bitcoin when you will not sell it. But it was understood along the discussion that we need to sell our bitcoins and will only do that at the right time that we see already that we will be making profit.
10695  Economy / Economics / Re: Best way for steady income on: October 18, 2016, 07:31:51 AM
Go out and look for a job because I can guarantee you that Bitcoin is never going to give you a steady income because it just does not work that way and never will.
With a job you make sure that you will earn money and doing Bitcoin as an extra is way better.


yeah I agree. the best way for now would be to get a stable job because relying on bitcoin won't secure earnings for you unless you have a very large capital which normal people doesn't normally possess.

Yeah and if you are looking for steady income then that can be done only with a day job as price volatility in bitcoin will never help you in getting steady income from it and it will vary every time.
Well, it is by having a job you can make a steady income, and I think it is the only way to have a steady income. if you want to earn a steady income with bitcoin, it will be very difficult, because bitcoin is the business, and the business will generate revenue that you will always be different, so if you want to earn extra income, then you need to find a job
You can not make steady income here in bitcoin since bitcoin value is volatile, correct regular job will gives you steady income and also to have business and it will helps you to get rich if your business will be successful.

So the formula is working in regular job + make business + make income in Bitcoin world. This formula seem so perfect. Just need consistency because it will be tiring and sometimes boring.
That formula would only work if you are starting but overtime you need to adjust that as it is presume that overtime you will improve your way of money making method,  bear in mind that we are getting older overtime and our physical strength will depreciate but our mental capacity should be sharpen.
10696  Economy / Economics / Re: Is it better to save money or invest it? on: October 18, 2016, 07:22:12 AM
A little of both. You can save money and invest part of it to make sure you get some profit too. Investing all your money in something can be a mistake because you never know when it goes the way you don't want it to.
We do know because that will happen in the future but we can predict it and our prediction should be realistically based on the present situation and what I saw is that we have a good future base on the trend so I am also confident to put my money as investment.
10697  Other / Off-topic / Re: 2017 Year of the Bitcoin on: October 18, 2016, 07:18:43 AM
By the year 2017 there is no special event similar to halving, so only the gradual increase in price of bitcoin needs to make it a year of bitcoin. This can be predicted by this year end price rise. Also adoption of bitcoin makes some impact upon the price movement.

New investments mean more resources needed, so there is going to be the need of money to buy the necessary rigs or the miners will make no profit. The price NEEDS to increase if we want Bitcoin to succeed.
I cannot afford to build a profitable mining business so I would not touch that as part of my business goal, I am more on participating the market movement in an risky way through trading as that is what I started for, in addition I also invest because another year would come that is going to be great again for bitcoin.
10698  Bitcoin / Bitcoin Discussion / Re: What are your plans with your Bitcoin? on: October 18, 2016, 07:15:23 AM
I plan to convert it to fiat and just use it to buy whatever I like. I really hope businesses will accept Bitcoins in my country in the near future Smiley
There's no definite time to determine it but we can do a better job by continuing to support bitcoin so its adoption rate will increase and we will be able to see big business in the future that will adopt with bitcoin as well due to the market opportunity of making profit from the members.
10699  Bitcoin / Bitcoin Discussion / Re: Bitcoin can disappear? on: October 18, 2016, 06:50:15 AM
Anytime it can disappear. Due to the fact that it is leaving in its online state it will be hard to predict whether it will stay or not. If internet will be forever then it might. But there are things that can make it stop. One example is a world war.

Nothing is assured with bitcoin, so as the above mate's quote anytime can disappear but as he mentioned over the years to come and in the future internet won't go down and get collapsed even if world war takes place. The reason is that very few countries involve directly and indirectly into the wa, most other countries stay neutral. So the internet problem occurs in very few countries but our bitcoin usage is found worldwide.
Therefore we just have to enjoy what we have now and bitcoin is giving us an opportunity to invest, it could be for short term and long term as long as we know how to do the right approach to minimize the risk, everything will be fine even if it will disappear in the future.
10700  Economy / Economics / Re: What is your best investment strategy? on: October 18, 2016, 06:39:41 AM
about bitcoin i am just going to hold my bitcoin and not to invest it any where as the price of bitcoin is expecting to be raise to a high level therefore to me the best option is to hold it and not to waste the time in investing money any where else.
For me i do multiple investment to lessen the risk i have, then my investment is more on site that i can do sports betting all my earnings roll over that is why i earn a lot of bitcoin every time i bet my money.
That's what you call diversification of your investment, people do invest because they want to earn fast and big money from their investment but always remember to gauge the risk of your investment as not all ventures are meant to be successful, we are the only one who dictates the outcome of your investment.
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