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1121  Economy / Economics / Re: So, you want to be rich? All of you ? on: June 05, 2017, 08:57:19 AM
Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.
It true tyat everybody wants to be rich but not by just magic but also through our various endeavours in our activities being rich as an accountant will not mean I will stop being an accountant or the barber will just quit without making alternative. Also, the meaning of riches differ from people to people while riches to others mean that they should be able to meet their needs as at when due and doing their daily jobs, others are planning in the direction of being wealthy and that is when you get to recieve dividends.
1122  Economy / Gambling discussion / Re: Most of the money on: June 05, 2017, 07:11:32 AM
The game I love playing is sport gambling and its the one I have made the most money from because I only play the games I am sure of only and not guessing no matter how small the odds is, I know I am not coming back empty handed so I just play it snsbwait for the next 90 minutes to confirm if my account would have been credited or deducted. Instead of bothering myself about either dice or black jack games out there.
1123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟 on: June 04, 2017, 05:01:16 PM
can you add pesobit too?..
No. That coin is practically dead. Random altcoins shall not be added.

It seems Lauda is prompt to answer this query, just make me think Lauda aside from being one of the escrow is also a part of the development team.  Well, having Lauda in the team would boost trust on this project. Smiley  Anyway, I think that unpopular and unstable altcoin will not be accepted as payment for this project.

OT:

PSB dev is still active and they still have recent updates on their project, they might be unstable and not popular but I believe, saying it is practically dead somehow brings misinformation.

The developers have right to accept anything they want on the platform and if Lauda will put her/his name on anything I am sure he will want to ensure it worth's it as well as others that have put their name on the line. The reason for that is not far fetched the reputation that they have built on this forum is dependent on their continuance of getting it right in any project they are involved in.
1124  Economy / Gambling discussion / Re: I always lose all my tokens and btc on gambling~ on: June 04, 2017, 04:55:40 PM
I guess, gambling is not actually for me.
I kinda feel bad on all the tokens wasted on gambling but it's kinda my "when I'm bored" hobby.
Do you guys have any tips on how to not to lose all you tokens on gambling?

I won't hold the belief that gambling is not made for some specific set of people because its a code who does not put interest in mind when the designers where doing that and based on that, the infrastructure does not even know the person that is coming to play on it. Its just based on chance and nothing else. What I would say is OP should just go for another form of gambling with less risk like sport gambling which the majority of the analysis would have been done. All that will be left is just making the choice.
1125  Economy / Gambling discussion / Re: How to know if a gambling site is a scam or not? on: June 04, 2017, 08:01:33 AM
In gambling space where there are several sites that are offering the same service, the onus is not on me to verify a site, its on them to prove to me whether they are scamming or not. All I higher about is get involved with the community and know where to make a run for my money that I won't forget. Because no one can fool everybody at the same time, those who are conscious and techie savvy will do the verification and post on several threads where I can read from immediately without wasting too much time and energy.
1126  Alternate cryptocurrencies / Altcoin Discussion / Re: Before buying an altcoin on: June 04, 2017, 06:40:31 AM
How and where to check and what to check first before buying a coin?
This is a question that keeps re-occuring to everyone who is about venturing into altcoin trading and its a very important decision to take or else one might be discouraged by taking the wrong step first and lose some amount of money thereby say bye-bye to crypto trading. For me, as someone who is trying to venture as well, I look out for comments mostly on forums and groups that I have been part of, or reading comments on threads which is just the best source of information.
1127  Alternate cryptocurrencies / Altcoin Discussion / Re: The Golden Age of cheap coins is over on: June 03, 2017, 10:15:46 PM
How do you guys relatively new to the scene cope with this harsh reality? 4-6 months too late
Its because we have come to realize that the  period of coins coming and going without even standing the test of time is over and that few months interval is enough to test the legitimacy and potency of the project rather than a dump and pump project t that immediately the ICO is over, the developers are no longer found again and then push the price to the lowest point which it might not even recover again. Good times are here.
1128  Economy / Services / Re: Debt collector from Bitcoin loans. on: June 02, 2017, 04:46:24 PM
I have a feeling it's not going to be easy as it seems to because for OP to have required the services of a debt collector, it would mean its something he cannot recover which will even makes it more difficult because the loan will be online and the defaulter might be on the other side of the world, deactivated his account, then you are left to tracing the person to get the loan in which the cost that will be involved might actually be worth more than the intended recovered amount.
1129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CrowdSale Live] NVO Decentralized Exchange | Multi Wallet 🌟 Escrows 🌟 on: June 02, 2017, 03:03:00 PM
What I have seen in recent posts is the fact that information and questions are being responded to in due time as soon as possible in addition to clarification of details. However, in as much as I acknowledged the fact that  the developers are very busy, some little details should not go unchecked and the poster that identified and create the attention showed the detailed of interest in the project which is something others might just make conclusion from. Kindly look into non-occurrence of such.
1130  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will bitcoin goes down when onecoin release? on: June 01, 2017, 09:17:39 PM
Sometimes in a bid to create awareness about a project in other to get favourable response and push the acceptance of the project forward, it ended up back lashing and that is exactly what I feel op has in mind. If you want to push one coin or any whatsoever, there are ways to go about it and not just hiding behind anonymity and pose a general question to start gathering information. The result of which we are seeing now which will make me that I don't know anything about this coin conclude its not the way to go.
1131  Bitcoin / Bitcoin Discussion / Re: CAUTION: If the exchange you are using doesn't list BIP148 you are being SCAMMED on: June 01, 2017, 08:33:53 PM
This is still June 1st and we still have July before August which I am sure its still a lot of time to really make a decision because the awareness would have circulated very well as well as more clarification would have surfaced that would aid decision making instead of going above our heads predicting the outcome of something that could even change before the proposed time because there is still a possibility that the price of bitcoin crashes and I am sure when that happens, none of the discussions about this would really matter.
1132  Bitcoin / Bitcoin Discussion / Re: The IRS is Due to Present its Digital Currency Strategy to Congress Next Week on: June 01, 2017, 06:59:09 PM
The US Congress wants answers from the Internal Revenue Service (IRS) about its investigation into bitcoin tax avoidance – and they’re due by next week.

Those answers are due by 7th June, or next Wednesday. A representative for the IRS was not immediately available to comment when contacted about its plans to respond. Details: http://www.coindesk.com/the-irs-will-present-its-digital-currency-strategy-to-congress-next-week/

What do you expect the decision will be at the end? those who have their identity all over the bitcoin exchanges won't have the best of their times.
The report will come and I am expecting that its going to be a confirmation of of what the Congress already know and what we all know as well and that is the fact that they cannot control bitcoin and if they cannot do that, I see an opening for tax avoidance where its not possible for it to be tracked and if the selling and buying is done using cash then there is definitely no way to track it.
1133  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS TRAVELING PLACES!!! on: June 01, 2017, 08:57:05 AM
LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

With the conclusion that bitcoin is going places or as you put it that its travelling, I agree but the conclusion that it will replace national currency or cash is not something I would subscribe to because it cannot happen. Even with the advancement in the banking system which has evolved in a gradual process, and with emphasis on cashless policy in addition to several equipment and infrastructure deployed to aid this, cash is still very much paramount in the system and that's to say how long it will take bitcon which solely rely on the internet to make that a possibility.
1134  Bitcoin / Bitcoin Discussion / Re: Give your child/ren a bright future! on: June 01, 2017, 08:19:11 AM
To all parents and soon to be parents out there,

Plan for your children or future children by saving Bitcoin for them. Buying them bit by bit would be a great investment for the future of your kids. I am saying that you must have a new wallet for your kids so that when they come at the right age, you can give them that wallet and imagine how bright their future will be. You can hold bitcoin for their education, life plans, or whatever you think of.

I believe that if you start storing bitcoin for them now, a bright future is ahead of them  Wink

The best furture to give any child or children even the unborn ones is just financial security with that, the future is already secure and if bitcoin can provide that, without being miser with the truth, its the best way to go. However, I would advise not to go totally into bitcoin rather spread it across other financial assets especially fixed assets that are sure to generate Return on Investment in addition to some money in bitcoin in other to be on a safer side.
1135  Bitcoin / Bitcoin Discussion / Re: How bitcoin addresses are generated? on: May 31, 2017, 07:46:19 PM
I am really wowed by what I have read so far in response to the question OP asked and its because even though I had wondered how the addresses were generated and no one seems to go to another wallet, I generate another one on exchange site and it payment goes there directly, it still something that I find some how incredible and maybe this is due to my background which does not have anything to do with information technology.
1136  Economy / Trading Discussion / Re: Bitcoin up altcoin dump on: May 31, 2017, 03:37:47 PM
When the btc price goes up, what is now a good time to buy altcoin or sell bitcoin? Huh

For me I would say it actually depends on the alt one has keep an eye on because without that there is no way one would know which one has reduce in price as a result of the increase in the price of bitcoin considering the fact that all alts react differently to any changes witnessed in the price of bitcoin and one might be making a mistake thinking the price has fall ready to increase not knowing it has reached a peak and ready to start dropping.
1137  Economy / Trading Discussion / Re: From $25 to about $200. My most challenging Trade so far on: May 31, 2017, 03:11:56 PM
Trading cryptocurrency is awesome stuff but very very scary. Believe me this thing can ruin you if you don't have a strong heart. Trading Altcoin is definitely not recommended for people with history of heart attack especially  if you're day trading. I have two price notification apps, man those things nearly killed me. I ended up disabling notifications for all the coins am holding except Bitcoin

Ripple was my most challenging Trade & most rewarding. Ethereum was the easiest. My first Trade ever was April this year. I started with Ethereum at $45 sold at about $100 with just $25.

I already withdrew some Bitcoin from my poloniex account twice otherwise I would be worth $232 now.
My aim now is to hit $500 before the end of this year, so help me God.

Hope this inspires you to start trading no matter how small

Your submission is actually correct as even me I am just trying to lay my hands on some trading activities in which I can relate with what you're saying there. Men it really needs some heavy hearts to make some decision whether it's to buy or to sell but what I have discovered is to listen to your guts when its telling you to buy go ahead and at the same time telling you to sell. But if it tells you to slow down, do some findings before going ahead, I tell you that's the best way to go.
1138  Economy / Trading Discussion / Re: About investing in Btc on: May 31, 2017, 02:55:43 PM
Buy high sell low

What sort of advise is this? @op just ignore because I am sure he is just joking around.

I'm Scared To Invest in That CryptoCurrency Still It Raise Up And Down Every Day!

So Some Advices Would Be Welcome Thanks ^^

You first need to understand that nothing is certain and you should be ready to take some risk. For me, I would rather put money in alt because the rate of growth will be high for only those ones that have prospects and not just any alt. If you are convinced the direction you are going, take your time to do proper analysis so you won't have yourself to blame later.
1139  Economy / Gambling discussion / Re: Have You Been to Macau? on: May 31, 2017, 07:57:51 AM
It's like a gambler's paradise there. About 33 casinos squeezed into a small island.

I have not been there before and I don't even know it existed until I got involved with bitcoin which led me to the gambling section of the forum where I have read that several licences is from that end. But at the same time I would really want to visit sometimes in the future which might be difficult since I have not come across their embassy or something that relates to tourist activities concerning them anywhere yet but will start looking into it.
1140  Economy / Gambling discussion / Re: what is the fairest bitcoin betting game you know? on: May 30, 2017, 05:19:32 PM
So far so good, my bet will still be on sport betting because in that case, winning or losing is not determined by the site but the players and it can easily be determined if any site wants to cheat or not. All I need is just to check live scores on Google anytime during the match which does not even need my attention then I go back to check if my winnings have been credited or losses has been deducted not more than that.
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