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11881  Economy / Economics / Re: Best way for steady income on: August 05, 2016, 02:24:55 AM
Your only best and stable way to make a steady income is to work.
Not being on the computer 12 hours a day on this forum watching people type away their lives. But to go into the outside world and work for a living that is the only sure way you will make you financially stable and make anything of your life worth living for.
I don't know how the mod's do this all day long. They must be immobile where they are forced to sitting and being on the computer for so long day after day after day..  Roll Eyes
Well, they prefer to do the job and in every job there is a standard requirements that needs to be met, so if your thing is not like staring your computer all day you can always make a job in the real world and make money in fiat but I would tell you that signature campaign is not the only way to earn as there are many options more profitable.
11882  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 05, 2016, 02:18:23 AM
Maybe yes, if i can earn big that I can sustain my daily needs..
Because its quite inspiring to see those people here earning a lot,
but not from in gambling.
Well, definitely not in gambling because we need to exert more effort to make a decent income working in the online world, it is not just easy as the others think because the time element is really important to earn money in a less risky way. Gambling is very risky although you have a chance to make money.
11883  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: August 05, 2016, 02:15:44 AM
In a few years bitcoin will be the most popular currency in the world
i think you might be right with this prediction, bitcoin is definitely going to be a huge currency and everyone will be accepting it in the near future
Well, the word everyone is so ambitious, we should consider our current situation and I believe the total number of bitcoin users currently is not that big so we still need more progressive time to witness a great bitcoin in the future and we should bet with that by putting our investment.
11884  Economy / Economics / Re: Bitcoin or gold? on: August 05, 2016, 02:00:27 AM
I think either way both will forever have value.   How much on BTC in 10 years... i don't know I hope a lot.

But gold if you are more short term you could go almost to any country and spend it.  Even remote no internet can chances are find someone to buy gold.

BTC you need to be in a country that has technology with internet, etc.  So I see it really depending on your plan on where you will be going or retiring.

Yep thats right i agree if you dont have technology you cant use bitcoin but I read an article online and i remember that some country they could withdraw bitcoin to $ converted via a card i dont know where it was. But i think using a bitcoin is all about technology but now bitcoin is not really famous nor recognize lot of countries they doesnt know bitcoin just like gold
As long as your county has a bank you can always transfer your bitcoins into your physical debit card, it is just a matter of reading the right information for you to be able to do it. It is not really the problem to cash out anymore as we are living in the world where technology has evolved.
11885  Economy / Gambling discussion / Re: What stuff you buy when you win gambling? on: August 04, 2016, 02:51:30 PM
hi everybody.

i am really curious about what do you buy after you win gambling? so what stuff, product, or just couple a beer that you buy to celebrate it? if this is a product, do you buy for yourself or you for other people like your family, your friends or even your b/f girls? can you tell me what it is, from cheaps until expensive?

i am not play gambling every time, but sometimes i did and i am not always, the percentage of winning is about 30 %, so its really low and i am not buying anything from gambling. i am buying prepaid card to my family, sometimes its a cake or t-shirt.

cheers  Grin

I am also not play gambling too much, but whenever i play and by chance i won it than i refer to save my bitcoins, because already i have lost in gambling, so i want to cover the amount which i have lost, and Secondly if i want to use somewhere from my gambling's money, than i will go with my friends in a trip.
That is a healthy lifestyle of your going to a trip but I have notice in your statement that you will add it on your savings which is I disagree because that pose a risk on your investment or savings, in principle gambling money and your investment money should not be put together as gambling money as suppose to be spent while savings money is for investment.
11886  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: August 04, 2016, 02:40:58 PM
Well, i always sell my bitcoins, because i need turn my bitcoins into money/fiat for my daily things. If i never sell my bitcoins, so what must i do with my bitcoins ?
Lol I think people wait and do not sell their bitcoin as they wait for high prices? they also have needs just like you. they use bitcoin and convert it to a fiat to buy daily necessities. but they certainly want to sell at high prices so they hold back and wait for higher prices
That is the problem with some of the investors here because we failed to follow the basic principle in investing, if we put our money in bitcoin we must ensure that the amount we put is the amount we can afford to lose and no matter what happen we should not cash out easily.

Take seriously the bitcoin trading. No such thing as afford to lose because if you set your mind like that, you are just allowing yourself to have a free loss. Make sure that you won't reached the status of that "afford to lose" because in the first place, you are trading to make profits so always keep on touch to your bitcoin investment.
That is not what it meant, we need to be realistic, even in gambling a limit of our wagered because we believe that there are two possible outcome of gambling which is losing and winning, even if you think that the event is going to be on your favor but still the reality will prevail that we cannot determine the future.
11887  Bitcoin / Bitcoin Discussion / Re: Do bitcoin accepted in your country? on: August 04, 2016, 01:38:40 PM


I think there are the maximum number of countries are not accepting Bitcoin. I am Publicising about Bitcoin in my friend circle. I am doing my work, Let's see it will work out or not.

We have to admit that bitcoin is just not for everyone as it is complicated for the mind of those people who does not use to do online transactions. For a person to understand what is bitcoin, we need to give him a continuous education and convince him that there is a good benefits in using bitcoins.
11888  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: August 04, 2016, 01:37:14 PM
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

I agree with the idea of buying a home, but if you already have a nice house, can buy others such as land, or others. And it would be better to buy only needed, and the rest can be saved for future savings. because we do not know what the financial problems we will face in the future.
Of course, what is the reason of buying another house when that will only become a dead investment. You have no idea how expensive to maintain a big house, so it that will not generate money for you, you are losing on a daily basis, so we really need to think wisely on how to manage our finances once we make money from bitcoin.
11889  Economy / Gambling discussion / Re: Anyone ever stop gambling? but then gamble again? on: August 04, 2016, 01:33:22 PM
When I said to myself that I would stop gambling, then I did, but I haven't tried to repeat it again and even if I don't lose money in gambling, I am not into doing it all the time, I have so many things to do in my life... I feel no regret about it...  Smiley
That is a good decision from you because you are not really a gambler, do not let gambling destroy your focus in life as we cannot do multi tasking on our goal as we become less effective, one step at a time, by the moment you succeed on your first goal and become rich maybe that would be the time to relax a big and gamble sometimes.
11890  Economy / Economics / Re: How can you earn 5% interest daily on your bitcoins? on: August 04, 2016, 01:12:49 PM
I do not know if we were allowed here to state the name or post the link of bitcoin sites that gives 5% of interest or more than that.  I am subscribed to one site and it gives me 10% of interest so if I put 0.001, I have 0.0001 everyday.  So it is possible to earn that amount.  You can trade also.  Paypal to btc.  I have friends who are trading for 7% of paypal to btc trade.  So if you have a btc and your friends run out of it, you can charge them with 5% or more. Wink
I think there is no real site and not a scam that will give you 5% interest every day unless it is hyip sites or ponzi. yeah maybe you'll earn more using your own way. and it is not an investment or pasiv income. maybe you can become exchanger. You can obtain a profit by attracting fee-some percent?
When you are good in making money you will not earn a fixed rate because you can make unlimited money even in  a short period of time. however, we are just only human and we are just striving hard to make money and there is really no definite way to make at least 5% a day consistently without  risk involve or if there is then we should be all rich now.
11891  Economy / Gambling discussion / Re: Have you ever won a unexpected amount with a small amount ? on: August 04, 2016, 12:15:57 PM
You were gambling on one website and wager with a small amount  . And BANG, you won an unexpected amount in some couple of bets only. If these happen with you,  please share it here.

The best thing that happened to me was when I played at betcoin.tm. I went from 0.1 to 3 BTC, but it wasn't in one single day or bet.
I was doing well on craps and some sport betting, and then mainly on roulette. But it took me a couple of weeks to get there. It was a really lucky phase for me and it never happened again. I had some luck on direcbet, in the roulette, but I just went from 70mBTC to 190mBTC or something like that, with the participation prize they gave me from the Tipster Championship competition.

You must have been really lucky to reach that much from such a small investment.
Actually many people win big prizes in gambling, but they usually lose them back when they try to make them more, but it is really great if someone doesnt lose it back like you.
Well, that is normal to gambling and that is true that we lose in the long run, so if we win big time and we will still continue to play the possibility is really big to lose our winnings again and the worst thing is we can even lose our original bankroll and be on the losing side once we quit.
11892  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: August 04, 2016, 12:11:41 PM
Yes that was i am trying to say. It was intended for those who are addicted to gambling. You are also right it is his free will to what path he will be choosing, but he should better decide for the good of his own.

Of course you much help yourself if you are really willing to stay away from gambling and you can't do it alone you must have someone that is going to guide and help you. Because you cannot overcome it if you are still going to get addicted to it. And even you are going to say that you are going to stay away you are still not going to help yourself because it is a nature of human being.
You must have the willingness to change in the first place to completely quit in gambling. Gambling is never easy to treat when you are addicted with it while you will enjoy gambling if you have considered it as an entertainment. It depends on the person on how he manages himself in gambling but always consider to put some limitation.

It is not really as easy as 1,2,3 if you are going to stay away in gambling because it is not a joke to stay away in gambling.

Especially when you treated gambling as your main source of your daily income. But yeah, if you have the willingness to stay away.

For sure you are going to do it with the help of the people around you.
It depends on the seriousness of your gambling addiction, because if that is too deep already it is not easy to stop in gambling. I have tried to be addicted in gambling but I am just lucky that I was able to stop it on time when the addiction is not that strong and now I am only doing gambling for fun because I learned from my mistakes.
11893  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: August 04, 2016, 12:01:15 PM
Exactly. Even working for an employer has a little bit of risk.  You can get fired or get in an accident on the way to work. There are always risks in life.

Yes you are right there are risks everything in life. But if that is going to happen to me that I will going to be rich.

I won't going to gamble anymore I am going to be contented with my riches and I am going to keep on investing and going to focus on it.

Or not I am going to make gambling as my business.
Yeah! because gambling is not just for everyone and for others gambling will just ruin their lives. Regardless of our status in life we are still prone to being addicted in gambling if we do not have the capacity to do it, it is not only the money that is vital to be capable but also the way we manage our self in gambling.
11894  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 04, 2016, 11:49:46 AM
If you choosed to go full at bitcoin and when you see bitcoin crashing like happened last night what do you think? I doubt you will be safe and happy with such volatility affecting your earnings, i had hired a developer and currently he is loosing 100 dollars at the deal we had closed last week, soo this isnt a way to go, make bitcoin a extra source better for all.

That is what I am trying to say. It will not be a currency that will be stable specially when it is all not mined yet. There will be a lot of movements anytime.

a low price could make the loss of miners, as well as those who work full time for bitcoin, I feel the loss of a sizeable number for me when the price fall to $540. if this happens, normally I should be able to get bitcoin more, to cover the losses.

each people have diffirent method to pay his salary, for me i will withdraw every week arround 0.05btc, if bitcoin price down i will pending my salary until bitcoin rise again, so if bitcoin price rising i will get double salary in fiat Smiley

yes I know it, and for me when get a profit or salary of bitcoin, it is better to sell if when the bitcoin prices are high, so we do not worry when the price of bitcoin down. but because halving not bring higher prices, so I chose to hold the previous.
We should hold because of we have no choice or we lose in our investment. I do believe that the price will rise accordingly now that the price is starting to rally back to the range of $600. This month we could witness the price increase that we are waiting for.
11895  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: August 04, 2016, 11:43:42 AM
i think i can only pick bitcoin, i do not like gold. my wife oftne demand for gold jewelry she already have some but i am not in favour of gold, i think we are just hanging our money while buying infect i will always give preference to bitcoin but bitcoin is a good source of income and in present time it i a good opportunity to invest in bitcoin,
Gold is good but the depends on how you see it, if you see it as a jewelry then you will not make money from it. Gold is a better investment than bitcoins because it is stable and the price is increasing consistently so the future is great if you will hold it.
yes there is no doubt about this that the gold is too stable but it is not right to say that the price of gold is increasing continuously because its price has  fall down from 60000 PKR/ 10g to 45000PKR/10g, and the second is that the rate of its price increase is very slow. it will take some years to reach to its position back. but if we talk about bitcoin the price of bitcoin is increasing with a very very high speed.

and also dropping at a very high speed, bitcoin is good for trading but it is not good for storing only, bitcoin
needs to circulate to prevent loss if the price falls down, but gold is different gold is for storing for a long time
trading gold like bitcoin will just bring hassle and gives you too little profit.
Yeah! only the bitcoin is good for trading because the price is volatile and we can easily make money with the abrupt price decrease and increase. I believe the volatility will not last forever as overtime the adoption will increase and the price will become more stable when the right time comes.
11896  Economy / Speculation / Re: Price Increase Incoming. on: August 03, 2016, 07:43:23 AM
i think bitcoin will be going to rise up its price more and if you wait for few weeks more than i hope you will get a good profit because there is halving happen and i am sure bitcoin will be more increasing its price.

more to it will be after few month
price will go to expected 800-1000 range but after few month or maybe in q4 on this year
in next following weeks dont expect to see any changes in price


I agree with that. The bitcoin price could be $900 to $1000 by the end of the year. It could $1200 in July next year.

Lets first see if we can get back to the $800 price level again before speculating about reaching $1000 this year. $800 seems like a decent target while $1000 is just too far away for this year. Perhaps next year.
of course we can the price is soon going to bounce back so you shouldnt be too much worried bout it, besides that i think for this year 1000 will be just the beginning

The price of the bitcoin is just $530 now in some exchanges. it is quite difficult to reach $1000 this year.
You should not change your perception on bitcoin just because of this minor panic, we should believe that the price will be reach by the end of the year. The present price is just a big opportunity to add more on your investment and we should grab it instead on seeing it as a negative implication for our success.
11897  Economy / Speculation / Re: I'm dumping my bitcoins so you should on: August 03, 2016, 07:40:30 AM
I think the bitcoin price now is quite stable and it is a good price to buy. In 12 months, the price will be over $1000.

Contradicting yourself there.  If bitcoin price is stable then both sellers and buyers are equally met and balanced and so price is unlikely to move.   Unstable could mean the price rises due to an excess of buyers or it can be very erratic and up and down for the next year.  Instability could also mean doubts rise and the price falls.
I dont think bitcoin is stable as a market, I think its growing and adjusting still and to some extent under attack by those who which to divert it their own needs without giving anything in return.   Steady growth I dont see as stable and bitcoin isnt steady anyway, its more like a whirlwind gaining size
fluctuation as always that's bitcoin moves and it is hard to say that it can be stable much better to say bouncing up and down hoping for the best from our investment.
Just do not worry that much with what is happening, the price is still good and we should not dump. We have to trust and strengthen our faith with bitcoin and believe that the interest of the many will be serve in the future, the temporary crisis is not the basis to dump as there is still stability in the coming days.
11898  Economy / Speculation / Re: Be sure, this will drop hard soon... and here is why... on: August 03, 2016, 07:37:04 AM
If you think it's a bull market, it will most likely be a bear market very soon.  Grin

Where is your evidence? If everybody is wrong, we would be right again.

There is no need for the evidence. Only small number of people will make money, most people will be wrong.

That is right. There are very few big whales. They will make money and small fish will lose most of their money.
Only dumb small fish will lose, I am a small fish but I have a strong hands so I will not dump my bitcoins, let the party coming but I will not join and will instead focus on the future of bitcoins. I believe this will not last as the future is still great and the price will be back to its normal price.
11899  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: August 03, 2016, 07:24:51 AM
Try to give focus to your family and try to fulfill their need with that you will notice your responsibilities and so you will be remained away from gambling.

Well you should know your limits in betting in gambling, if you really can not afford in betting in it then you should consider first your family before getting into it that is the only way you can sure your families stability do not subject to gambling if you can see to your self that you don't have a chance in winning it cause gambling winning rate is just in a chance!

The main thing to go from gambling is our thoughts. If our minds are not eliminating about gambling all the way done only runs a few moments only and will eventually return to gambling. Take a look at those who managed to forget a very ex-girlfriend of their loved one who is like the ex-girlfriend was a breather for his life.

That is a very confusing English you got there but if you are talking about that we can eventually forget about gambling I will say yes we really can forget about gambling but the problem is if a person is really addicted with gambling then it is really hard for them because gambling has been tattooed to there mind every time they want to forgot about gambling they can always remember it.
Only addicted gamblers will be having a hard time in forgetting about gambling and that is the big mistake once you become addicted as the moment you forget gambling you cannot enjoy doing it anymore. For gamblers who does not want to be addicted, just play it for fun and do it at your spare time and not regularly.
11900  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: August 03, 2016, 07:06:03 AM
Actually i want it but i am not sure if bitcoin price will down like now
If the price is always going to up, i want to fulltime with bitcoin

the price will be rise and fail, it's nor mal of "decentralzation market" , i think better we still use bitcoin as sidejob, but if you want to make bitcoin is your main job, better to make permanent salary per month maybe like 0.5 permonth if bitcoin price rise your salary rising if bitcoin price fail your salary fail too, or you can make permanent salary in fiat, maybe $500/month is enough for life so if bitcoin price fail you must work harder than usual.
That would always depend on the needs of a certain person, even me I would not quit my job if I am just earning like $500/month because I am receiving way higher than with my current job now. So if ever I will quit my current job, I should be earning more like $2,000/month then.
Me either would not quit my job with that amount of money as my monthly pay, I will only do that when there is a big possibility that I could earn more than what I am earning now. Quitting our job and going full time with bitcoin is always risky but we can manage it if we know the risk.
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