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11621  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: September 18, 2016, 10:17:39 AM
I do not think to gamble again if I'm rich because I have a lot of money we can do anything to enjoy in the life and if do you think to get rich from gambling it is it is very hard.
I think almost gamblers are rich they are gamble their money because they are just playing for fun not for making a profit..
Poor people are always looking for lazy ways to be rich thats why they are gamble their money expecting that they can make a profit but. result are loses all their earnings..
You are wrong on what you believe brother, the fact that there are many poor people in this world that would only meant that more people who are in the poor status are into gambling because they want to make money in gambling and wanted to be rich in gambling.


You are right pal, not all gamblers are rich since there are no rich in playing gambling after all in fact most of gamblers are just average people don't have plenty of money to play that's why they risk it on gambling in able and hope for make it to grow.



I beg to disagree. Gambling is for all status in life. Go to casinos and you will see secret millionaires and rich and famous there. What I am trying to point out is that, gambling is just for entertainment for all folks - whether you are rich or not. Now, majority of the players however, are coming from the average economic class in our society.
Nah, but poor people will just blame gambling when they gamble their hard earned money, it is not for everyone because not all of us can afford, it will just give them problem in the future if they will try to gamble with the money that they cannot afford to lose.
11622  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: September 17, 2016, 08:26:35 AM
Buying a whole bitcoin is a good investment the only problem is that for a long term investment 1BTC is too little, I think is better to concentrate on increasing your current earnings that in long term investments for you right now.

You got the point of it, if you are intending to plan and make some investments with bitcoin for long term then probably 1 bitcoin is not going to be enough or if you are going to get some profit with it what is going to happen is that you are just going to get small profit from it. But still it depends to the investor of how much is going to be his capacity.

For some people 1 BTC may seem like a "low" number even though the far majority don't even own that amount, but some people really believe the price will go to $5000-$10,000 at some point in the future. Whether or not this will happen is another thing, but with that in mind, then 1 BTC is a more than decent amount to hold.
I would say it depends on how you use it, if you are using that money for investing in the long term then it is not big enough or a considerable amount, but if you are using that in gambling, I believe that is already a good amount of bankroll and you have a good chance to grow it if you are lucky.

Gambling should never be an option or way to try to increase your coin count. Depending on luck is not the way to do things. People will end up losing all their funds in the long run when their (assuming they are very lucky) winning streaks end up in a bad losing streak where it won't be possible to recover from. And if you are with bad luck from the very beginning, then you will lose all you have directly.

I agree gambling should not be a choice too because that is not going to make you productive at all. But if you are going to hold it for a long time it is going to give you profit by just doing nothing and you are just going to wait for somehow until the price is going to be acceptable to you or else you are going to trade for a long time.
Gambling is not an investment at all because it is very risky if you gamble with your big money, that is just a game for the rich but when you are not financially free you focus on investment to grow your money and one thing I can see that would help us grow our money is by investing in gambling sites while waiting for the price of bitcoin to increase, it is like we are receiving a compounded interest.
11623  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: September 17, 2016, 08:22:32 AM
If you think back on 2009 , people absolutely no interest with something unknown and new.
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?

Well if I am one those people who are early with bitcoin and bought 1,000 bitcoins. I don't think I will still going to work with my current job.

What I am going to do is that I will going to build my own mini business that is going to be a good source of my income.

And I will going to be the own boss of my own business, but I don't think I will going to have total of 1,000 btc by this time because for sure that is going to be lesser now.
Me as well, I will not also work anymore and instead I will just enjoy the rest of my life with that amount of BTC in my wallet. We work to get money to live a comfortable life in the future and I hope I will find a fortune here in the bitcoin world.
11624  Economy / Economics / Re: How to earn money with bitcoin ? on: September 17, 2016, 08:17:48 AM
Actually it's easy to earn money with bitcoin. I mean, there are many ways to earn money with bitcoin like faucets, signature campaign, trading, gambling and many else.

Faucets are just a waste of time. I had used bitcoin faucets for almost a month and I just did gain nothing. Signature campaign is a good way to get bitcoin and if you have already enough savings with it. I would say that you must also try to get into trading so that you are going to earn higher but you must be knowledgeable with it.
Completely agree with you mate, I did faucet before and the outcome is not really productive, I would rather do signature campaign as it does not demand much of my time and I can still learn while doing the job compared to faucets which is purely visual only.
11625  Economy / Economics / Re: Does the next halving really matter that much? on: September 17, 2016, 08:14:38 AM
   Yes it matters, when ever we cut income in half, there will be side effects from that. I think only problem is not so big demand, as I understand there is not so many people involved with bitcoins, especially not big companies. With time that can change, and then price of bitcoin can go up like rocket.
   Or that is the plan, and what most people here expect to happen one day.
Have you noticed that every time halving comes the price is good, that is what happen this year also because the halving took place this year and look at the price now, it doubles already compared to the opening price of the year 2016 so I think it really matters for us to make profit.
11626  Economy / Trading Discussion / Re: Minimum Amount To Start Trading? on: September 17, 2016, 08:06:33 AM

Well they would like to have many traders since they make profits on every trades of each of their clients that's why they make and help them to be profitable as good as they can because we are talking big business here which involves huge amounts. Forex trading is somewhat difficult compared to Bitcoin trading.

Many traders is good. It adds to the players and its fun , the more the merrier they say. The minimal amount to start trading in crytocurrency is 20,000 sats. Its a small amount, just start to learn and when you master trading, you start in bigger amount. Education is important.
That is the right way to do it, do not be aggressive in the start as with lack of knowledge in trading it can be consider as a way of gambling, you will not earn in the long run with lack of knowledge so do the research before you trade.
11627  Economy / Gambling discussion / Re: Everyone looses in the long run on: September 17, 2016, 08:02:16 AM
For me if you can make profit in the long run then you have skill and lucked on your side because for me theres no 100% chance that you are making profit in the long run because sometimes if you spend too much time on that website you can probably lose everything.

bet discipline so I think it's possible to win in the long term, although it is not possible for you always win, but if you are smart to manage everything up, it should be able to win in the long run. I like playing every weekend and bet on sports betting, always run well and every week there is always benefit.

I doubt that any discipline or strategies can help you win in the long run (meaning you will have positive expectation) just because casino has an edge and there's nothing you can do about it.

True, in gambling if you're a discipline and got some strategies then you can reduce your losses because people can stop gambling when they lose a some fixed amount ( small amount ) on any one gambling session but I don't think it will bring any profit to gamblers.

You are right even how matter you control your self  and  self discipline the results would be still the same which is losses on the long run when we are playing gambling for sure. Those things would  somehow stop you to suffer much more loss and  avoiding of  being get  addicted into gambling. Just as expected  on gambling  its only a matter of luck game.
On that matter you need to accept that gambling is not good for you, if you are not satisfied with the fun you get in gambling that you need to spend money then you are not a real gambler.

The true thing here is we musnt play at all if we don't enjoy on playing gambling because it would really just waste your money at the same time you didn't enjoy after all then you must top before anything goes worst on the long run because gambling is designed already on losing its players on the long run.
That's the problem there is you will not enjoy gambling and you will lose most of time because you will resort to a desperate move of gambling the money that you cannot afford to lose anymore as you want to take back your loses.
Being honest to your self will help us not to be addicted in gambling, and by accepting the defeat and the reality that everyone loses in the long run will limit our gambling exposure and we will just do it occasionally and gamble for fun only.
11628  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: September 17, 2016, 07:57:24 AM
One of the nicest thing about Bitcoin is the ability to use Bitcoin any time you want. That is why i do not need to quit my day job just to full time on Bitcoin. I just do my Bitcoin thing every time i have break and my day job shift is over. I can even do Bitcoin during on my way home while in a cab.
That is so hard working of yours, even in a cab you do your job? That is really awesome, anyway time management is very important in order for you to do your job the right way and you can earn on both from your day job and your side job.

Agree time management and you can do it though  yyou are so tired from your work. Bitcoin is my sideline annd i do have a full job Cheesy . But after my full time job and when im home i just open my computer and start my second job. Cheesy Though you are tired you just enjoy it so that you can earn Cheesy
But never put your real job at risk and do not ever come to the point that you need to sacrifice your real job just to do your task in bitcoin. Time management is important but knowing your priority is the to succeed and our priority is our real job or main job not our side job.
11629  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: September 17, 2016, 07:53:21 AM
I think btc wallet is a better option, despite needing  improvements, because bank fees  are too high. And there is the problem  of centralization, which can endanger the  funds of the users, depending on the bank.
We just say that because we do not possess a big amount of money yet but once you will be able to get a good amount of money you will always think of the security rather than the convenience you are getting, and in that matter you will choose bank over bitcoin wallet.
11630  Other / Off-topic / Re: 2017 Year of the Bitcoin on: September 17, 2016, 07:49:23 AM
It is not currently possible to know for sure if it will be a great year for bitcoin, but there are several companies and developers striving to make this possible, so I believe the Bitcoin ecosystem can achieve great advances in the next year.

I am sure that the price of bitcoin is going to be higher for next year. Just like what happened from the past months the price of bitcoin did fall but we saw that after that fall down. The price of bitcoin did get back again and as of now it is somehow stable at $620. I do believe that this is going to make the 2017 another great year of bitcoin and going to reach another high price.
Next year is another year and we have already witnessed the trend of bitcoin price, every year it grows substantially so definitely 2017 is a good year for bitcoin but it is not the year for bitcoin as nothing special will happen.
11631  Economy / Gambling discussion / Re: Is this what we called "addictive to gamble"? on: September 17, 2016, 07:46:11 AM
we know that most of the times we lost on gambling, but instead of stopping we keep on playing for the next day

after we lost, we got frustrated but we still back to play, is this called "gamble addiction"?
Yes , when that addiction to gambling because of the desire to make up for the losses you return back to gambling . Many people in that situation do not accept themselves to lose them so they continue in their work because they want to recover . But instead of recovering them especially because they are losing in gambling so greedy they continue to suffer defeat and addicted to gambling .
Well, there are different type of gamblers online but what is really disturbing are those  people who do gamble for money doing it in a gambling game that has a big house edge, for me it is easy to be safe and you only need to have fun than be greedy as there are other ways to make money but definitely not in gambling.
You can tell that to the addicted gamblers because no matter what you say they will listen but will not apply it in real life, once you are addicted already in gambling you considered your self as a greedy person and you will not experience the real entertainment, the longer you play the more your future is at risk.
11632  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: September 17, 2016, 07:38:55 AM
I believe that there are different  reasons. One  of them is that people want to  make other people think  btc is dead, saying it is a scam in  order to other people  stop using it and turn to some other  altcoins.  It is a selfish interest, as you can see...

Well that is really one of the major reason that I am thinking that people are saying that bitcoin is already dead. It is just like they are jealous about bitcoin because it makes their business into fall because bitcoin is really a tough competitor in the crypto currency as of this time. And they just don't want to make bitcoin become popular.
We cannot control individual's judgement, some would really tell that bitcoin is dead because it does not give them benefits, but only few of them are telling because majority of the people who knows and understand bitcoin will always say that bitcoin is precious like gold.
11633  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: September 17, 2016, 05:54:10 AM
yes, it is very possible. because with the bitcoin will make everyone easily perform financial transactions. and also they will be easier to get a job.
I do not think so, bitcoin are required gadgets and internet connection to access and to work with and if the people in that poor country can not afford that i think bitcoin can not help them.

True. That will only happen if the government will provide. But that is way impossible. Who will use their funds for a project that he knows might not click. So better stay on the safe zone and just keep the money from the people.
In general it will help the poor countries under the remittance aspect, when you transfer money from poor countries you will have to pay a big charges to the sharks(big remittance center) so if they will use bitcoin they will be able to save and their economy will progress.
11634  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: September 17, 2016, 05:51:06 AM
I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering


Majority of the member here they never used it for illegal, maybe few of the members they're doing it. But as much as possible we shouldn't use it for illegal. We must use it for legal matter as much as we can.

I agree that most of people here are using Bitcoin in good ways but still there are people. Would mainly use it for illegal purposes because Bitcoins anonymity is the main reason why it's being used on illegal activities because they can't be easily tracked by authorites.
We cannot control that because every human is unique, we have our own way of thinking. Let us just do things that will give us a good future and let the others do their thing, we are not in control of their lives and they have the freedom which way to choose.
11635  Other / Off-topic / Re: Are you buying bitcoins? Why? on: September 17, 2016, 05:47:43 AM
Yes, because the Bitcoin network, for years, has proven to be stable and safe. Besides that, the Bitcoin ecosystem is getting better every day.
yes it is a fact and i also buying it because bitcoin is trading just above 600$ so its mean that the price of bitcoin has yet so much potential to reach to a next high level, it is also expected that the price of bitcoin will easily cross 1000$ level in near future therefore i am still buying bitcoins.
As long as we continue to support bitcoin and we do not lose our hope once we see a crisis we will always achieve that amount, remember that we have already hit that price in the past so we can still do it again.
11636  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: September 17, 2016, 05:44:22 AM
so many ways you can do about bitcoin . My plan is to build a one -based bitcoin faucet and develop the faucet .. Grin Grin Cheesy
Good for you while bad for the others because surely they will be wasting their time to give you more income, anyway have to respect that as that is your decision and good luck your plan, but let me tell you, you are not gonna be rich with faucets.
11637  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: September 17, 2016, 05:40:43 AM
I choose bitcoin because of the ease in transaction  Smiley

I am going to choose bitcoin too because I don't want to invest in gold because here in my country if people going to know that you are into gold for sure they are going to make their eyesight precious for you. They are going to do something just to rob your gold so I learned from past incidents so for me it is better to go with bitcoin.
Bitcoin is a safe investment as people would not know that you have invested unlike in gold that you need to spend big and you will be known you have a precious gold in you and you might be in danger, that is not my game so I prefer to invest with bitcoin though the future cannot be ascertain.

Bitcoin is risky because of its volatility but when it comes to investments and usage but for me. I would go pick bitcoin instead of gold.

We are in the new age and for the past years gold is going to predict of how a person is really rich but today we can just use bitcoin as a source of financial source.

And for me bitcoin has a lot of opportunity rather than with gold.
The volatility is not the risk factor IMO, that is just normal because the number of users are not that big, but if you will look at closely you will be able to understand that bitcoin economy is very progressive and the price is going up from time to time.
11638  Other / Off-topic / Re: Bitcoin and Porn on: September 17, 2016, 05:36:29 AM
yeah bitcoin is the best way to pay to pornsites. Your identity will be unknown and untraceable.

I think so because with Bitcoin We can easy to use everyrime and everywhere and In this case like you said Keep scurity you real identity ''For Porn'' and I see many sites porn now accept Bitcoin Cheesy

I have saw that there is a site that is accepting bitcoins already for viewing their porn videos. But for me, I wouldn't waste my bitcoins for paying porn why you have to pay them for their membership if you can just view them freely. And I will going to put my bitcoins to trading instead of making this a pleasure and a habit.
What kind of porn are we talking here? Is that a live broadcast? If that is so then I would say I will be interested and I hope it is not too expensive and illegal as I do not want to compromise my identity on that things.
11639  Economy / Economics / Re: When do you buy Bitcoin ? on: September 17, 2016, 05:31:51 AM
I remember buying Bitcoins when I was still new in this industry. I had no one to talk to and I don't understand ponzi just yet so I put some money from my own pocket into Bitcoins and invested to some ponzi sites. After realizing that those people are just scamming me, I quit buying Bitcoin. I tried to look for a way to earn money without doing that much effort and ponzi sites is one of the ways.
Learning from your experience is what matters, you can buy anytime and do not ever invest in ponzis again because there are more legitimate way to earn here that you can grow your bitcoins even in a short period of time, you can learn how to trade and that will give you a good chance.
11640  Economy / Economics / Re: Bitcoin worth to you or not... on: September 17, 2016, 05:10:26 AM
Yes, Bitcoin is worth to me. People who wants to earn online can read tutorials about Bitcoin and after a week or two, he/she can start earning through Bitcoins. You could also do that with Paypal but Paypal always have problems with your account. Bitcoin doesn't.
Paypal is purely a payment processor while bitcoin is a currency and an investment as well so there is a big comparison that is why bitcoin is worth that any other online payment processor or whatsoever, we consider this as an asset that the value will appreciate overtime.
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