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11801  Economy / Speculation / Re: Time to sell? Or to buy? on: August 15, 2016, 12:43:28 AM
It's time to buy i think, cause price should increase a bit at my opinion, but i can be wrong so better not to follow to my predictions about bitcoin's price.
The price down a bit at this time so it is time to buy again, I mean every time there is a price fallback we should have the balls to buy especially when it is a stable coins like bitcoins, the price will eventually back up in a short period of time making you profitable in a short time also.
11802  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: August 15, 2016, 12:39:33 AM
hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin
Well, i have lost about 0.7 on gambling.
Gambling is wrong when u cannot afford loosing it, but if you are doing it just for fun and losses are not big for you- it is all ok Grin
You lost this amount in your total gambling or just in one day?
That is a lot gamble with and if that was just in one day then it is time to stop..
it is not right for you. Undecided
If you cannot afford what you bet then you will be having a hard time to accept your loses, that is part actually in any gambling that you lose but losing most of the time will make gambling not good for your so must quit as soon as possible.
11803  Economy / Economics / Re: Future of Bitcoin Economics on: August 15, 2016, 12:35:51 AM
Bitcoin is growing fast and it's price is already increasing with time, so we can predict that it have really shining future.

That is going to be the future of bitcoin, as long as many are going to use it is going to help the economics of bitcoin to have good future.
Because ones many people are already using it, it is going to help the adoption of bitcoin to the people and if that happens the demand is going to be strong and higher price is going to happen.
The future will come and we will witness a massive adoption of bitcoin, now is the time to take the opportunity to invest and focus only in investment as the future is bright. I like to say that we should invest as much as we can so we will all be rich in the future.
11804  Economy / Economics / Re: How too get rich on: August 15, 2016, 12:27:43 AM
I will say just too work hard at whatever you do to succeed at getting to where you want to be. This is true for almost all things in life and it is no different for getting alot of bitcoin either.
You just need to find the right niche that you are comfortable in doing to get rewarded for doing it. Smiley
Yup. I agree with you mate, you must work on your passion as you will be more developed because you love what you are doing. To be rich is not as easy as 123 because you have to face a lot of difficulties along the way, just focus on what you want to achieve.
11805  Economy / Economics / Re: Is it better to save money or invest it? on: August 14, 2016, 08:06:07 AM
if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.
I think both are important, you need to save because in the future there might be some desperate need of money and when you invest all of it you will not get anything because investment also does not guarantee that you money will grow, sometimes you fall.

Yup saving is important as if your investment goes wrong then saving will help you as a back up money which can be used at the time of emergencies.

thats one of the purpose of having a savings, it would be used  for emergencies or any circumstances in the future which involved  financial problems.  Its a life saving  situation when you have an emergency fund or savings  since you can easily use those funds to back up the certain situation.

Yes saving should be our primary concern, and people who cannot afford to invest big will prefer to save first and then after reaching to certain value will prefer to invest it somewhere.
It is always a good plan even to those people who dont have enough  money to make such investments because they lack of funds. A wise person would make a way and saving  money  until he/she reaches his goal  on the exact amount then he would  make an investment to expand or maximize its profit.
We can all do that if we are willing to save, the problem with the people is they have big dreams that they will have a comfortable life in the future but failed to execute the plan in the present time, the present will always dictate the future, if we don't invest now we will not earn in the future, very simply right?
11806  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: August 14, 2016, 08:03:38 AM
bitcoin wallet is the best in my opinion, banks are around for a really long time right now and i dont think it is that good of a thing, in my opinion it will be changed
yes banks are around for a long time if you search it banks are in long turn where they service are doing good and there service are amazing too the good thing in banks are you can deposit your money like investment because here in my country we earn money while our money is in our banks it's like bitcoin wallet to if the bitcoins price will increase we gonna have profit too right ?

How much does your money earn in a bank? If it is just the normal interest of 1% per annum, then it is performing very poorly. But if you invested in bitcoin, the earning is very good. Like last year, if you bought when the price is 250$, your bitcoin has doubled in value right now. No bank can do that in less than a year.

Yeah the interests paid by banks are too low and inflation will never allow your money to grow in future but if you invest money in bitcoin then you can expect good returns in quick time.
Definitely true because the future of bitcoin is looking good, in banks there are time deposits that would give its depositors a bigger interest compared to regular savings, however we can also do that here by investing in bitcoin and that is too simple because you just have to buy and hold your bitcoins for a year. Then compare how much you earn if you invested with banks.
11807  Other / Off-topic / Re: Do you actively spend your bitcoins? on: August 14, 2016, 07:59:30 AM
I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading  that I am saving for future.

Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future.

I think gambling not always wasting and lose if you know how to control and manage yourself at gambling, because i also spend my coins in gambling and i'm not always lose on gambling.
You may not lose always, but at the end if you calculate it you might have lost more worth bitcoin. You will realize that if you have saved it, it reaps you more profits at that time than wasting in gambling.
Exactly if you save your bitcoins for future then whatever profits you will be earning will be higher in compare to gambling for sure, as the percentage of loosing will be higher in compare to winning in gambling.
Yeah right.. i dont why they are not calculate all their gambling how much they lose and how much they win.. honestly if you calculate it you will see that you lose a lot more than you win. So its better to save it for the future and make your own business online that you can make a profit with your business.

Spending bitcoin on gambling is waste of money, everyone knows what end result will be but still they invest there hoping that they will jackpot someday which seems to be unrealistic.
That would only be a waste of money if you do not win, but if you win you will feel contented with the amount you bag especially when that is a big amount. But for people who are afraid to risk their money in gambling then they stay away or just play it for fun betting a little amount only.

Yeah and if you are into gambling since long time and if you are confident that you can win it big then you should go for it or else simply invest that money somewhere else.

In gambling, we do not need to fool ourselves and think that we can win though our record is not telling the story, we should accept the reality so in that way if we are that serious in gambling we can easily adjust our method and can improve to have a better chances to win.
11808  Other / Off-topic / Re: Are you buying bitcoins? Why? on: August 14, 2016, 07:55:22 AM
I think it's a good time if you are patient for the long run.

Yeah, everyone bought bitcoin for wanting to make a profit when the price of the bitcoin become higher. the advantage is very remarkable bitcoin than other digital currencies. you don't have to worry about the future because the future of the bitcoin bitcoin will be much better from now on. Save as much as possible bitcoin you get and wait until the price high bitcoin

Yeah price will be much higher in future so I think we should keep ourselves engage in buying at a moment as price is still very good to make some investments in bitcoin.
That's basically the major reason why we're all trying to get our hands on as many coins as possible.

We of course wanted to make profits out of bitcoin and that's not a bad thing to think about bitcoin.
Using bitcoin for transactions or as a currency is pretty much like a secondary reason only as to why we are buying bitcoins.

Bitcoin is an currency and also an best investment for future, so if you are treating it as an long term investment then  you should  invest more in it at this stage to get best returns in future.
That's what I am actually doing, I am putting some investment on bitcoin as I believe the price will accordingly rise in the future, everyone can actually save as long as they know how to discipline themselves and focus on investing rather than spending on unnecessary things.
11809  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: August 14, 2016, 07:49:56 AM
here's my second opinion in playing gambling ofcourse there's a safe methods to gambling first don't play stay away from gambling so that you can save your money for future purposes or do make tradings where you can grow your coins not that much atleast you have profit otherwise if you do force your self to play gambling then good luck Smiley second the safest way to do gambling is "PATIENCE"
Patience is more applicable in trading as in gambling even if you have a good patience but you are not good in choosing your bets you will still lose in the long run, gambling is only for intelligent and lucky people if you are talking about making money on it.
11810  Economy / Economics / Re: How to save money. on: August 14, 2016, 07:44:36 AM
You can save money by creating different portfolios of investments. We have to divide in ratio proportions how much we'd want to save and in what kind of investment scheme. The schemes could vary from Fixed/Recurring deposits with banks, trading in stock markets, mutual funds, Public provident funds and various other methods.
In savings you will not think of investment first, let us say you only receive a little amount of salary, the question is are you still gonna save? The answer is absolutely yes, you need to save as that is compulsory and that would take care of your future in case there are emergencies that would require you to spend money.

Saving is actually good for the people who are not rich and are not earning a lot of money every month or everyday because if someone earns a lot he does not need to save anything because he will always have extra money, but the ones who earn a little that can only run their house for the day then they should just a small percent of it.
Well for me i just save bitcoins for my future to use it in my own business or to buy an house and lot this is just my dream for my future and for my family..  saving is a good thing for those dreaming for their future.. if you spend a lot of money or bitcoin for nothing and you dont saving you will never be rich even you are making a lot of money.

Saving is really important for future, in fact even if you are earning millions but if you are not saving then its useless, as you never know what future holds for you.

If you want to save for the future, I'd recommend you to do it in Gold. The price will only keep rising year after year. People will be looking for Gold soon, as it's the only one which can be used as a currency in case of a financial collapse.
Investing in gold requires a good amount of capital and you can only invest in that if you are already rich. Majority of the people here are just starting to have there investment because they are encourage by the people who got a successful journey with investing in bitcoin.
11811  Economy / Economics / Re: How too get rich on: August 14, 2016, 07:42:20 AM
Who knows, i though i know but i am still not so rich, it means that i don't know how to do this. But i really want to know and i will do this, later Grin
Well, if you have no plan to be rich then you will not become rich, to be rich is hard if you do not have a plan to follow. Maybe you can call that as a wish to become rich and you need some miracles to be rich like winning in the lottery accidentally or find a lost bag with full of money in the steet.

My plan is quite simple to get rich. I will buy some bitcoins when the price is low, and then hold most and trade some.

If you need a plan to get rich with bitcoin then buy the bitcoins now as price is quite low now. Then you should invest in Altcoins as this will give you more profits as alt-coin prices increase more quickly.

yes a good way to invest in altcoin, but you must be careful in choosing the coin, because in altcoin too many coins are to be a scam. but so far I see every person who invests in the ICO's they always get a huge profit. the last time that I know is a coin Stratis, investors benefit more than doubled.

Choosing a right coin is very important, I invested my money in ETC and I have already doubled my coins in last 10 days, huge profit I guess.
It is still a gamble my friend, maybe you just consider yourself lucky that you have invested to a profitable coin but in general there is really no guarantee that a certain coin will rise substantially, anything can happen and what we can do is just to predict and hope to make profit.
11812  Economy / Economics / Re: Best way for steady income on: August 14, 2016, 07:37:32 AM
If you are looking for small and secure income from bitcoin then only signature campaign can help you out, you can expect steady income from it on regular basis.
Your right that it can be steady income but not campaign are will steady alive in services section most them are early to close..
Also earnings from signature campaign is not enough it takes a lot of time before you can get or reach 1 btc.
I think its better to study some skills that you can use for steady income.. or build a blog or site for advertising that can be steady income..

True Signature campaign is proven to be one of the steady income when it comes to bitcoin.  Some campaign here have lasted for years while other are not, though others have closed some more campaign are opening to  replace the closed one.  But still have a daily job for steady income.  Nothing beats it.

signature campaign is fairly easy job with a fairly decent wages in accordance with the work that is not too difficult.
according to my experience, the signature campaign a much better job, when I worked in real with a small wage, is also very hard work. even, I've got something good from the result of signature campaign during I belong. I really like this job, stable results without risk.
Well, what more can I say, I agree that signature campaign is good if you belong to a campaign that will surely stay for long, one example is the campaign that you are promoting and since that business are still doing the promotion it is just right you will also receive a steady income, however the amount is not really that big.

Amount is not big but if you are a part of that campaign since long time and if you are regularly saving those earning then you can hold descent amount of coins in your wallet.

Small amount is better than have nothing at all. Those small amount would pile up  and in the long time  those amount  would be big for sure. Most of the bitcoin earners  would depend on what thing they would engage  it depends on what they are seeking, if they like to have big earnings then they would probably search  for more better things.

Its better to have small and secure income rather then going for fast and risky income and signature campaign serves that purpose by giving us steady income.

Actually fast and risky income can be a stable income too, like on gambling. If you have much money and big bankroll and good at self control, i'm sure you can get steady income.
That would not guarantee you a steady income since that is just part of the strategy to win in gambling, the main thing that would give you stable income in gambling is when you win most of the time which is very hard to do by the majority of the gamblers.
11813  Economy / Economics / Re: Future of Bitcoin Economics on: August 14, 2016, 07:31:40 AM
It can go to such amazing levels but it depends whether a lot of people adopt or don't and of course the way it is presented to the people.It has to be explained the benefits and the pros of adopting it.Then we can actually see a huge spike in the economy.

If there is not conflict  of interest in the bitcoin development team and they work hard, more people will use bitcoin.
What conflict are you talking about, I think we are all unanimous here in supporting bitcoin. There will be no conflict since the system is already developed and we are just awaiting for the massive adoption to make this bitcoin ecosystem huge in the world.
11814  Economy / Gambling discussion / Re: Is gambling made for kids???? on: August 14, 2016, 04:20:21 AM
Gambling is made for adults usually, but we see some kids started to use it and i think it's bad behavior, because there is a risk they become addicted gamblers.
kids mind is unstable , that is why most of the teens gambles but gambling was meant only for 18+, teens get addicted to gambling and you can see the stats that every 1 out of 4 teen in US do gambling.
Even 18+ kids are not really that good in decision making, what really makes our emotion strong and to control it is when we have a lot of experience already, for a young gambling like 18 years old, i think he has no experience yet in problems in life especially in gambling.
11815  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: August 14, 2016, 04:16:28 AM
for me the easiest way to make a profit in gambling dice hahaha try to risk you 1 bitcoin in single shot hahaha make a bet that you place all your bitcoin then make pray that you gonna win that first try hahaha then if you win then congrats and don't every make that again if dont want to lose your bitcoin you win  Grin Grin
The question was not exactly about which game is the easiest to play while there is 1 or 0 possibility of you winning or losing it.
I would try Dice but not on that default 50/50 odds. Crank it up to 75% win chance or more and try, while it is still risky and less profitable it is also can bring you more wins in a row.
I think that is just all the same even if you will select the 75% because the house has still the advantage, when you are lucky you will win but would that guarantee that you will not lose again? considering that gamblers will always come back after every win.
11816  Economy / Economics / Re: Does the next halving really matter that much? on: August 14, 2016, 03:56:03 AM
i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.
And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...

Care to explain?

If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.

If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...

Is there anyone who could possibly disagree with that?
Halving cannot be prevented and it is part of the system of bitcoin, since halving has already happened this year and we have expected that the price will increase which is until now we have not seen that first,it would probably affect the miners if the price will not rise and we have to hope that the price will rise so that miners will remain profitable and investors as well will earn.
11817  Economy / Gambling discussion / Re: Is gambling made for kids???? on: August 14, 2016, 03:48:00 AM
Kids, with their still developing brainsKama are not built for gambling. They rely so much on their emotions in much less on logical thought processes. Most of them, anyway. So I don't think children should be gambling by any means. I think it's dangerous, and most kids don't have the money to spare. 
That's true, and if ever something happens to the kids, it should be the parents who should be blame for failure to do their responsibilities in monitoring their kids and teaching them the right thing to do to be more productive in their journey to be a responsible person in the future.
11818  Economy / Gambling discussion / Re: What keeps you coming back??? on: August 14, 2016, 03:37:33 AM
Well I think the reason why people go back is either to try to gain back what they lost or they won big and is would like to win again. I mean, that's how it goes with gambling, you win, you play again to win more, you lose, you play again to regain your loses. Well thats aside from the fact that gambling is fun and exciting activity
yes, i agree with this, Many gamblers will come back to earn back their loss. But it is not that much easy to win in this gambling. And attractive people also come to make profit but end of the day they also lose. For me, i just play gambling for fun. I will come back to play to kill my free time.
When they come back there is still no guarantee that they will earn back  their loses, gambling is not good for people who does not know how to accept their loses because they are the one prone to losing more than they can afford to lose.
11819  Economy / Speculation / Re: PANIC BUYING !!!!!!! on: August 14, 2016, 03:34:35 AM
i think we should worry more about the fact that mark karpeles still holds like 400-500k btc. the bitfinex hackers can't dump all their coins at once without getting noticed. they have to mix and sell their coins in batches of 5-10btc per time. with such a pace the market won't feel it.

I'd say that the market would rather feel the lack of 120,000 bitcoins that got stolen at Bitfinex. In this way, if an exchange is hacked every month (okay, every other month), the price of remaining bitcoins would certainly hit the sky (and then the moon)...

And Bitcoin would become as rare as hens' teeth

getting coins off the market will definitely have a good impact on the price eventually, but well, these coins that are off the market right now, will at some point find their way back one way or the other. but then again, i am glad the reality is different.
But as we saw getting coins off the market does not have a good impact on the price if they have gone through hacking an online wallet.

You are not given to change the simple truth that price depends on the balance of supply and demand. If supply is diminished (for whatever reason) whereas demand remains the same, the price will necessarily rise. Indeed, hacks like that of Bitfinex influence negatively both supply and demand (people may start buying less and selling more having less faith and trust in Bitcoin)...

But you still can't escape the laws of market price determination
That's true, the hack has make the market affected a bit but we have recovered now as evidence by the price increase again. The overall principle will always apply in bitcoin which you have mentioned the law of supply and demand and since we are increase in numbers, demand will eventually increase.
11820  Economy / Economics / Re: What is your best investment strategy? on: August 14, 2016, 03:30:08 AM
Buy low, sell high
That's the basic principle in investment but as individual we have our different way in doing that because we have different interpretation on the low and high price, the current price of bitcoin could be considered as low or high to some investors.
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