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11861  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: August 06, 2016, 11:56:06 AM
I'm really rooting for Russell and OKC this year.

Watching them eliminate Golden State would be historically epic and great.

KD might be a better player, but Russell have 10 times the heart and passion.

Also back then, there are lots of trade rumors which includes Russel Westbrook but rumors said he turned down all offers and decided to stay with OKC. No money involved, it's just that he really want to stay.

Hopefully all his teammates wil give all of their best not just Westbrook alone.

Thats good decision for him for staying in OKC maybe he want to test his teammates on how far they could go even no durant in their line up and i think they can be independent to their own since they have still potential rookie and talented roosters behind there backs so OKC will be still dangerous team in nba and theirs no doubt that they will compete the same among other team and i will trully believe that westbrook will do more hardwork to win for their team.
he can now rise up and add his popularity and lift the team in which way he wanted to achieve unlike when Durant are still there he can't manage since he needs to look for Durant to lead them.
I still believe that westbrook can lead the team in the playoffs, the team is very good in rebounding and defense as well. With him to fully take control of the game as the point guard that has a big responsibility in offense too, he cannot lose his rhythm as the ball will be with him most of the time.
11862  Economy / Economics / Re: How too get rich on: August 06, 2016, 11:31:07 AM
Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement
You don't need to go back from the time that bitcoin is low, you just need to work for it if you want to be rich, there is no easy to be rich imho and not only bitcoin give you oportunity to become rich.
A person must not be an empty dream. A person should have specific plans for the future. Then, there is a high probability that the person in the future will get exactly what he wants. The same can be said obitkoin. You do not need much to be an impossible dream. We need to work and be able to think properly.
As long we are realistic with our dreams we can rich it in the future, if we dream that the price of bitcoin will increase because we have invested their a good amount of money then your dream is too realistic because we know that once a massive adoption is achieve the price will increase accordingly.

If you have a plan to get rich with bitcoin then you need to hold huge number of coins as no one is sure what price it will hold in future but price will surely go higher in future.
yeah you are right and i also recommend that if you want to get rich then hold your bitcoin.

I have hold my bitcoin for more than 3 years. The price has risen many times already. But it is still low.

You should have sold some of them when it touched $780 last month to secure some profits but you have great level of patience to hold it for more then 3 years.
Well, you cannot blame the guy, he has a goal in his investment and holding bitcoins for long term is very hard to do as it require a lot of discipline and the fact that the price has substantially increase from the last 3 years the amount of your bitcoin has already appreciated and you could still sell it for profit.
11863  Other / Off-topic / Re: Are you buying bitcoins? Why? on: August 06, 2016, 11:25:52 AM
Not anymore. I used to buy bitcoins when I'm still a newbie and I use them to invest on HYIP sites. I thought they are legitimate so I threw some money into it. I'm lazy as well and wanted to earn money without much effort.

Today, I don't buy bitcoins anymore. I just get them from the earnings of signature campaign. The earning is really decent though that I could eat three times a day if I use the earnings from signature campaign.

That's really good that you are earning descent amount from signature campaign that it take care of your basic stuffs, and bitcoin is an blessing for all of us to earn good extra money.
Really nice to hear that someone is making a decent amount of money from signature campaign, staying here in the community really helps because if we are just making out stay healthy we can learn a lot of things that would give us the opportunity to earn and to invest eventually.
11864  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: August 06, 2016, 11:06:38 AM
Well. Do gambling. With 1% target per day. And 0.1% per hour for 10 hours a day. 0.1% is not a big task.
Ur money will be 1.3x per month. Pretty much good if u dont want to loose.
I hope u wont be greedy and choose to keep ur target 10% per day. 1% is risky. But 10% is tooo much risk. I.e. Ur risk will be 10x.
Also if u keep ur target 2x then it will be suicide.
Good luck.

Well, if that was so easy then every gambler out there would have been earning profits weekly or monthly, but it doesnt work always because even people with 99.9% winning chances lose their bets sometimes and that causes them lose everything they have.
Nobody wins that rate, even the professional gamblers are happy already if they have increase their total bankroll with 5%, the way they bet is they do not chase bets and they stick the their bankroll management and very discipline in the game.
11865  Other / Off-topic / Re: Do you actively spend your bitcoins? on: August 06, 2016, 12:46:19 AM
yes i spend my bitcoin in very less amount and remains bitcoin i hold for long term investment when bitcoin increase its to higher amount then i convert it to fiat for good profit .
well it might be a really great idea right now to invest your fiat into bitcoins because in this way you can make big money, i will not be selling until we go to a new all time high
It is a good move as it is very timely since the price is starting to rally up, if you could wait until this year alone, we might witness an all time high in terms of the price of bitcoin, believe me it will happen so we just have to be very patient for our investment, we have to proud of our self as we did not get into the trap to drop our bitcoins.

I do not think the price will start to rise soon. The price of bitcoin show stay at the current level for some time.
Yeah for a little while the price of bitcoin will stay at $570 and around it but it is sure that the price will nice again start to increase and it will increase to the level of our expectation.

I think the price of bitcoin will go beyond our expectations in future and no one can predict what will be the exact price of bitcoin in future so its better not to spend it at this stage.
I agree with you, we should be very careful on spending because the amount we are going to spend will have a good value in the future. Our priority now will be the future and we have to save more so we can also invest more. Take this chance while bitcoin is still cheap.
11866  Economy / Gambling discussion / Re: What keeps you coming back??? on: August 05, 2016, 12:13:38 PM
I do not gamble to much but it always seems that when I do, I take the loss big time.  For example, I have lost over 3 BTC in the BustaBit game online.  It is fun and I like to play but I always get greedy with it.  I have won about 2.2 BTC back, but I lost more than what I have won.  For some odd reason, I keep coming back over and over.  I do not know why I do it, why do you?
This is dependent on where you want to give up. Although it is very difficult, but you have to overcome yourself, otherwise it will not lead to good. I'm not a gambler, so I have this trouble is spared.
Since you are not a gambler you cannot really share base on your experience, only those who have the experience can share why they are coming back in gambling, for me I come back because I enjoy doing it and the thrill is really there though sometimes I lose but I cannot stop gambling for good.
11867  Economy / Gambling discussion / Re: Are you Rich from Gambling? on: August 05, 2016, 12:10:35 PM
Although there are some who actually get rich from gambling, like lottery winners, in general I think you have a higher chance of getting broke than to get rich. So to answer the question, yes there are people who are lucky enough to get rich from gambling but that is a very very very low percentage compared to most gamblers that get broke.
Yes maybe their are some who became rich from gambling but i guess only few. its hard to earn in gambling what more to be rich. i think they were just lucky or they bet big amount and win thats why they became rich.
Gambling is not for you, so you need to stay away if with it. Gambling is only for the people who can provide a decent amount of money as bankroll to start gambling seriously, for an individual to succeed, he need to have all the necessary attitude towards gambling including having a strong discipline to himself.
11868  Economy / Speculation / Re: Be sure, this will drop hard soon... and here is why... on: August 05, 2016, 12:02:57 PM

yes, you are right, yesterday when I saw the price at $516 and I found that t is because of bitfinex hack, then I thought that it will once again rise sooner and so I bought some bitcoins at that price, I was a little worried about my investment also but today when I visited to price i saw that the price is now at$536, that is a very good news for me and I earn a profit even in a bad situation for the bitcoin market

Today, the price is $570. I think there is nothing wrong with the bitcoin itself, just one exchange, so the price will rise again.
yes that is a fact and now the price of bitcoin is raising again, the bad news about the bitfinex really effect the whole market and the prices felldown too much but now the people understand the reality and now they start buying bitcoin again , and hope that the price of bitcoin is going to reach to its previous position very soon.
It was a big amount that was stolen but the overall market is still stable, we have witness a lot of crisis that happens before but here we are, bitcoins is still improving and there is a good future ahead of us, so hold tight fellow investor and strengthen our faith in bitcoin to experience a good future with our profit.
11869  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 05, 2016, 11:52:44 AM
having mining hardware for make permanent earning or salary is best inovation before go full time on bitcoin, we can use salary from mining for daily cost and trading as bonus Roll Eyes
I hope it is more profitable now, considering the amount of investment you need to buy the hardware before you can start mining that is already expensive and also the bill should be settled regularly so the expenses is really fixed while the mining difficulty increase and the price is falling back. I would prefer trading than mining.
11870  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 05, 2016, 11:40:28 AM
If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick?

Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you...

http://www.youtube.com/watch?v=m6GiC8dqN9A

We just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why.

If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why???





even if many people picks bitcoins over gold, i like gold more, because bitcoin is way too risky now while gold is quite stable so i know that i will earn from it

You can definitely earn from it but you need to wait for a long time, whereas bitcoin allows us to make profits in quick time and that is the reason people choose bitcoin over gold.
That is completely true, bitcoin is more promising as it is only in the short period time we can already make money with a good trading technique. Gold will guarantee you profit in the future and it is more safer but the reward is not that high, gold investment is for the rich only.
11871  Economy / Speculation / Re: bitcoin continuous rising? on: August 05, 2016, 11:37:58 AM
No one know what will happen next but if some bad problem happen to bitcoin like what happen to bitfinex lately it will affect the price of bitcoin decrease I wish I would not see any problem again soon , to make it steady going up.
there  will be no bigger problems with bitcoin, i think it is nearly a perfect currency and it will be growing really big pretty soon and making us big money
Well, it will give you only a big profit if you are putting a big amount as your investment, our prediction will happen so we need to risk our money if you want to gain some reward in the future. This is the right time to invest because it is not widely use and the demand is not too high to make the price inexpensive right.
11872  Economy / Economics / Re: How can you earn 5% interest daily on your bitcoins? on: August 05, 2016, 10:52:32 AM
5% a day... Banks offer less than that in a year!

5% a day = 35% a week.

If there was such a method that were actually legal, we'd all be rich. There are people still living in the street, so no.
Mostly, you can earn that percentage if you are doing illegal activities like selling drugs online but with a legitimate way it is hard to achieve that. Other methods that could give you is very risky like gambling and investing in HYIP, so never do that and be contented with a little percentage as along as consistent.
11873  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: August 05, 2016, 10:29:15 AM
you don't need to buy bitcoin if you plan to save money for 20 years. you have to save gold if you plan for it.
because gold have low risk. and the stability price is better than bitcoin.

It's good if we have both, bitcoin and gold.
Bitcoin price might rise up more than gold, but it also could go downfall, because bitcoin is unpredictable.
But, if we don't wanna take big risk, then gold is a good choice for long term investment, because it's stability price.

If you are a safe player and if you have patience to wait for returns for a long time then gold is the best option for you as gold is stable and give best profits in long run.
You are right but not all people here are capable to invest with gold, since gold is more stable in only offers a little amount of profit so you need to put up a decent amount of money in that case for your to make a good amount of profit, with bitcoins this is very simple as you can earn in a short time being lucky with short term investment.
11874  Economy / Gambling discussion / Re: Have you ever won a unexpected amount with a small amount ? on: August 05, 2016, 10:23:41 AM
the best thing i've ever did with small amount is when i've won 0.2 btc just from 1k ( faucet) its happen a year ago with playing chance 0.01%  Grin

I was never so lucky, people win big money with small bets even with winning chances of 0.01% but i could even never won a bet with 50% or 49% chances, really unlucky when it comes on gambling, that is the reason why i dont gamble with my money.
Well, that's good you realize earlier because gambling is not just for everyone, there are people who are lucky enough who can make money in gambling. But don't worry dude, you are not alone because I too is not that lucky in gambling so I just play it occasionally.
11875  Economy / Speculation / Re: Time to sell? Or to buy? on: August 05, 2016, 10:08:44 AM
What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
When price falls,buying is the best option as you can always make profit when price rises.
If you know how to trade,you can make some quick profit with price fluctuations
It is true, so if we want to make a good stay in the crypto world, we should learn how to trade and if you worry that it is risky then we can still start with a little amount of money to try it luck in trading, this is a good way to make money because you can make consistent profit if you can master the art of trading.
11876  Economy / Economics / Re: How can you earn 5% interest daily on your bitcoins? on: August 05, 2016, 04:47:49 AM
You can earn 5% daily in trading but you must focus on it to get profits. In trading if you do a short trade you can earn a 5% daily. But if you do for long term must be not daily earn if you sell it bigger than 5% is you can earn. So if i were you choose the long term not daily but your earning is bigger. You may earn your income here and your another investment.
All is possible, in the long term might get more profit than 5% yes and might get lose too because prediction isn't always correct and sometimes it goes down too.
Investment will not give us a 5% interest daily because most of the legitimate investment will give us profit in the long run only, any kind of investment like gambling site investment or bitcoin alone needs more time and an decent amount of money to risk for us to make profit in the long term.
11877  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 05, 2016, 04:39:19 AM
If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick?
I prefer to use bitcoin, because it is more simple to carry and use, only with our smartphones can make transactions more quickly. Especially in the area or place that already support the use of bitcoin.
yeah it is really easy to make  bitcoin transactions right now, i think that it is going to be only easier so i would definitely pick bitcoin instead of gold
When we speak of picking between the two we should consider more on the investment side, gold and bitcoin are both investments are they have a different features and value at the current time but it would only base on the assessment of a certain investor what is more comfortable for him in making money.
11878  Economy / Speculation / Re: Price Increase Incoming. on: August 05, 2016, 04:32:40 AM
After the drop of two day ago the price started to increase and till now it is increasing , the price increase has been started and I wish that it continue even after when it reach to its previous position before the bitfinex hack.
yeah the price is still increasing, i think the only question is when we will reach the prices that were before the dump and experience a huge growth
The dump is one and this is the time for the pump, we have survive the big price fall back and since the price is starting to rise again, it is a good sign already that we are going strong and our speculation will happened that the price will increase after the halving, after a hard fall will be the big rise.
11879  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: August 05, 2016, 02:53:27 AM
For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term  if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...  Smiley

in 20 years all will be the same you will have to have lot of coins in wallet or some amount that you desire in 20 year time
cost of live will go up so will the BTC price
Does would not be the case in investing with bitcoin since it is the case when you are saving your money in the bank with a little amount of interest which is subject for inflation. In bitcoin, the amount could increase abruptly as overtime the demand will also increase.
11880  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: August 05, 2016, 02:34:57 AM
A month after Kevin Durant broke Oklahoma City's heart, Russell Westbrook has reaffirmed his desire to stay with the Thunder. The team confirmed Thursday that Westbrook had signed a contract extension. A person with direct knowledge of the terms said the two sides had agreed on a new three-year deal worth $85.7 million.

Could this just be an assurance that they are not going to lose him via free agency, the same way they lost KD? Are we still going to see trade offers?
What more can I say? Westbrook deserve the contract amount because he is a talented player who can make his teammate work under his leadership, this guy have so much to prove this coming season now that durant is gone he will single-handedly take his team to the playoffs and that is a great challenge for him.
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