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11961  Economy / Speculation / Re: 626 $ what!?!? Halving incoming.. on: July 31, 2016, 06:29:11 AM
Yes. Bitcoin Price is now growing. Today almost 600$ is now the price per Bitcoin compared last year. Definitely bitcoin price will rise upto 700$ next year. Thats my prediction.
700$ already done last June it's almost 800$ I expecting more to come from this year, and waiting for it to happen and hope more people holding their coin if it will happen.
This year is almost a sure thing that it would happen, so those who bought before the halving because they expect that the price will increase after, you should hold your coins until the increase will happen this year, it will really come so be patient.
11962  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 31, 2016, 06:23:02 AM
For Me. NO. Because you don't know when bitcoin stops, if you still gain profit or not. Not stable I mean. Unlike a full time Day job, you have a fixed monthly salary plus if you are good at your job, you can gain bonuses. The most commonly job on bitcoin is trading and gambling. Yes you can earn as much as 10 BTC at trading but to be sure, that will take years or even decades sometimes. But if you'll ask me, I'll do them both, I will continue my Full time Day Job and earning bitcoin at the same time.

I am agree with you that bitcoin have not any stable job for everyone. only trading is a way to get profit which is not confirmed.
but as you said that no one know when bitcoin stops. this is not right. bitcoin took it's place and it won't stop ever. its price may drop and up but it won't get dead or hide.

and to be true there are lots of stable jobs also. but these are for educated and skilled persons. like developers. designers. programmers. and lots of peoples are already doing full time job.

To make a life from bitcoin you dont need to be skilled, you need luck if you are just focus into trading and if at others ares you need just some project related to bitcoin, soo this can be a paid task and then become your source of bitcoins, sure isnt easy to build a business and achieve sucess instant.

I don't think I will follow this. You really want to just rely on your luck to survive. I think I have a better chance of succeeding in life, whether earning fiat or bitcoin, with my skills rather than my luck. I will not risk my life if it is only for luck. At least with my skills, I know what or what not I am capable. If you really want to earn and survive, fiat or bitcoin, work on your skills and use it.
Well, we all need luck in our life even in our present job today as when we are just a mere employee we don't control the future of the company we are working with.

With bitcoin, if have the skills you can earn a good amount of money and if you know how to save that is good for you as you can use your savings for future investment not only in bitcoin but also in real world.

Of course you will need some positive luck in your life, but it is different if you only rely in your luck to survive and not your skill. Skill is more consistent to provide money for you than on luck. Some days you'll have negative luck and you have no money. But skill will provide money with or without luck.

Skills are thing that wont  be separate to us  and no one could get  it from us which is a really good thing. Skills are much better than luck  because you can make money anytime if you do have a skills on a certain thing rahter than depending  on  luck all the time which is  not  a good way of living.
That is true but the most important is we need to protect our health in doing our job and not just abuse our body in order to make a lot of money base on our target, we should rely our the capability of our body to do the work and should limit there.
11963  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 31, 2016, 06:14:48 AM
I am usually optimistic about the future of technology, and especially about the blockchain potential. So I will always continue increasing my bitcoins because I have no doubt that the best things in the altcoin economy are yet to come.
Altcoin is just for alternative once bitcoin will be down but i think bitcoin will never down because of many stores are already accepting it also brazil has 150 stores are accepting bitcoin as payment..

What kind of stores?
It is not only for brazil and stores will not be the basis on the stability of bitcoins, the holders should increase in volume in order to ensure stability and a lot of interest will be serve to protect bitcoin to not easily crash down.
11964  Economy / Economics / Re: How can you earn 5% interest daily on your bitcoins? on: July 31, 2016, 05:58:15 AM
For me it's easy, just go to dice sites and bet on 95-98% chance to win and bet all in, after that change into another dice sites and do the same. I think you can earn 5% daily so easy.

Very risky to play in gambling. its not recommended to earn 5% interest daily.
bet all in, I'm sure you lost all your money.


If you play in gambling it is either you will win big time or lose big time, 5% is too little if you are lucky in gambling and if you can make a win most of the time, the reality is we lose most of the time so gambling is not recommended to make 5% on a daily basis of your bankroll.
11965  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 31, 2016, 05:54:21 AM
Any Timberwolves fan out there? I think the Wolves will have an awesome season ahead. A young talented core that can easily defeat any team with Coach Thibs on the sidelines. I hope that no injuries will happen to the starting players. Also with the addition of Rush, Hill, and Aldrich we will have a deep bench and a 3 pt shooter.

I wouldn't say I am Timbs fan but I do watch them as much as I can mostly because Rubio (maybe I am being subjective a bit haha)

They do have a very talented team and finally they have a good coach.

Rubio is fun to watch and all but. He must improves his shooting as any point guard needs not only to be a floor general and a good passer. But must be good at shooting too. I hope for the best of him next season

I think this is the last year for Ricky Rubio in the Timberwolves jersey. He's just getting older and older every year but He's not improving he's game to the next level. He will in a different jersey in the NBA or in Eupope.

I agree that. Even he was playing in barcelona he couldnt shot and in nba he can not shot good to. I think only having ability about passing organisation is not enough for a good guard. Also he has to make good shots.

Funny thing that he is a better 3P shooter than i.e. Rondo or T.Evans... but hey 3P percentage doesn't matter right?

So what if he is taking less shots than other guards. He is a different PG than other ones who are more scorers than organizers aka passers.
To be a good point guard you should be the one who are setting the tone of the game, you make the play in order for your team to see open shots and that does not need to shot all the time, your should as PG is just to make plan and pass the ball to open man.
11966  Economy / Economics / Re: How to save money. on: July 31, 2016, 05:51:11 AM
If your really  want to save some money, do work in real life then do signature campaign at the same time,all your money in Fiat use it for your daily needs and the bitcoin you earn here use for investment or trading in year you will see it's  not just small amount if you use your bitcoin carefully.

Well, you can really save that way, use your earnings in real life, and saving your bitcoin, but, I think it won't be that much..You can save only few if you will keep it in bitcoin, You still need proper management of your fiat so you won't resort to your bitcoin if your budget was short.. A simple living I think is the key to save money...

Having a simple living would really help a lot because it can reduce spending you money on non useful things and that are not truly needed for everyday living. With this  way you can learn to save and kept your money on savings. It really depends to a person on how he manages his money and wise enough to have plans for future using those savings later.
A goal is very important for you in order to have a success in savings, if you are just savings without any goal you can be easy tempted to buy things that you want the most, our savings should involve with our plan for investment in the future as that would to encourage you to save.
11967  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: July 30, 2016, 07:32:21 AM
bitcoin is a global currency. It is being used in most of the countries without the border limitation. What else can it be? But I don't think these happy days will last forever.

Most of the governments are not aware of it and hence they don't bother. But if they see that people are becoming rich using their computers, then they will start intervening. Probably then people will have to pay taxes to the government for earning and holding bitcoin.
I bet you are wrong buddy, the government are already aware of bitcoins and in fact in our country the central bank has issued a memorandum directing all exchange sites to comply with the KYC policy to avoid and to detect any activity of money laundering.
11968  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: July 30, 2016, 07:25:14 AM
is it possible that bitcoin will be accepted in local stores, shops etc. since transactions are to slow and customers have to wait until their transactions are verified. And nobody wants to wait.
 Can transactions be seeded up to save customers time or any other way to use bitcoin  at local stores.
I understand what you are saying, however once the bitcoin transaction has been added to the blockchain, it is normally safe to say that you are in the clear.  People use that method all the time, whether selling products or giving loans out.  You need to understand how it works and confirmations are not always needed.
There are other sites like gambling sites that does not need confirmation to credit your deposit, as soon as they see your transaction in the blockchain even "unconfirmed transactions" they will automatically credit your deposit in your account and that is a good way because you can easily attract gamblers to patronize your site.
11969  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: July 30, 2016, 07:17:41 AM
Both options are good, and perhaps I would pick more gold than bitcoin (60-40), because I am sure that Gold will last for several generations, but I am not so sure about the future of bitcoin in the long, long run.
Me even would choose gold but if we have only a limited resources to use in our investment we should choose bitcoin as in the short period of time if we are lucky and have done the right thing we could be rich and our goal will be achieve.
11970  Economy / Gambling discussion / Re: Losing investment on Gambling sites on: July 30, 2016, 07:14:46 AM

Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me.  What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?

Investing in Gambling sites and online casinos makes a lot of profit,

But If you do invest into a fake one,
then all your money or btc will loss, that is the only possibility I see that makes investing in a gambling site a little bit dangerous in losing money.

But If you do know some site which is a legit one, try to invest into it, but don't expect a lot of earnings at first since all profits are based on interest.

I agree, there are lots of legit gambling sites where you can invest your money that offers you a decent profit in the long run. Just avoid those who are fake.  There are lots of proof that investing in gambling house will not make your investment to waste.  Gambling house might lose sometime but they can recover  easily and most of the time with extra winning.
Don't forget you can also lose your investment on legit gambling sites due to variance, if a player suddenly wins big.
This can be avoided if the site in question has set the maximum win amount to something that it can handle.
But that is very rare mate, gambling sites wins all the time and they win in the long run, if one person is too lucky his winnings is just temporary and to safeguard your investment you should put and invest your money in a site that has a good pot money.
11971  Economy / Economics / Re: What is your best investment strategy? on: July 30, 2016, 07:00:32 AM
Invest on popular investment and some HYIP. I know how HYIP works and i understand the risky too, i already know how to invest and play safe on HYIP.
hyips are really bad to be honest and they will not allow you to earn any money because they will just steal your money most probably, i just save all my bitcoins i have for the future

if you "want to" lose your money then by all means, throw it away on HYIPs and give it for free to the scammers and let them laugh at you for being gullible.

in my opinion it is so much better to go on a dice site, set the multiplier to 2x and then put in the same amount of money you wanted to put in the HYIP, that way you will be taking a so much smaller risk and you know that nobody ripped you off.
HYIP are still the same when playing dice because your chances is decreasing the longer you play in that game. That is only for entertainment and you can never win in gambling. Only treat gambling as an investment is you put a decent amount of money in the pot money of a certain site and I think that would be the best way to do for most of the gambler.
The same outcome in the long run but dice games has a better value that HYIP because HYIP are fraud and it will just take you money easily. In gambling even in dice we can still make money if we are lucky while doing the gambling session.
11972  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: July 30, 2016, 06:58:15 AM
In the last months the BTC price is increasing, how much u guys think the price gonna be in one year?



i think that in year from now bitcoin's price will be 1000$, maybe a bit less or a bit more but somewhere around that for sure, as bitcoin is more popular each year

I honestly do not know how much the bitcoin is gonna be in one year but I do know its gonna rise for sure. So I think with some calculation it will be around the 600 dollar but also stable so that is sweet if this happen in my eyes.

Well nobody knows. It's pure speculation at this moment. The best you can do is to compare the potential news, vs the market.
And even by comparing that and analyzing the markets, you may end up very wrong.

If there is no big mistakes made by the Core team, the bitcoin price could be around $1000 in a year.

The price could be around $1000 to $1200 in 6 to 12 month if more retailers accept the bitcoin in their business.
The price does not really matter for the retailer, they are more concern on the stability of the price because that is how they make money with the mark up of their items they are selling online and the BTC they are receiving will not change its value abruptly.
11973  Economy / Economics / Re: Why do you buy Bitcoins? on: July 30, 2016, 06:44:53 AM
I buy bitcoin to make regular profits from it by selling when price goes higher and sometimes I also buy to have fun in gambling with it.
I think it is better to trade alone than you do trade and gambling. maybe you'll get lucky in the trade but will be lost in gambling. its only waste time
You have a higher chance of losing money when gambling then trading.
i think many people like gambling for just entertainment, and if you want earn bitcoin then many ways to earn free bitcoin ,

That is right. But there is no free entertainment. You have to pay for the entertainment, with bitcoin.
Entertainment is gambling and your lose in gambling is just a pay of the entertainment you get, how I wish people will think like that but in real scenario we don't want to stop gambling losing and we aim for have fun and win money at the same time.
11974  Other / Off-topic / Re: What % of your Assets is Bitcoin? on: July 30, 2016, 06:41:15 AM
Right now i keep about 15-20% of my savings in bitcoin. might sound like a small numbr but it feels a little high to me. the price volatility of bitcoins scares me too much.
Actually that is a high amount of savings you are talking, with that percentage you can make a decent amount if you continue to save consistently, just bear in mind that savings is the most important in all as it will take care of your future.
11975  Economy / Exchanges / Re: Get a creditcard without a bank - funded with Bitcoin on: July 30, 2016, 06:28:19 AM
I really thought this was a credit card that we can make credit transactions and just pay the amortization on a monthly basis but upon reading the full information, I am quiet upset because this is just a debit card that you need to fund your account first before you can use it.
11976  Bitcoin / Bitcoin Discussion / Re: Do bitcoin accepted in your country? on: July 30, 2016, 05:01:35 AM
Here in the country we accept bitcoin elite but actually not all accept bitcoin . With billings only accept bitcoin here . But the shopping mall would not receive hope this year because they have a project they want to use bitcoin shopping mall . So I wait for the day they would have approved the project that our government .
That would happen in the future mate, we need to spread the good news in your country so people will be aware that this is a a thing called bitcoin that would help them to have their investment and could be use with online transaction with a minimal fees.
11977  Economy / Economics / Re: Does the next halving really matter that much? on: July 30, 2016, 04:56:15 AM
Maybe the next halving will works. Because many people will expected like the last halving and people will keep their bitcoins and it's make the price of bitcoin increase same as now.
Halving always brings a good result but the result could not be felt directly and immediately, we need time to feel it and that is the situation where our trust in bitcoin will be tested, it is the time where we can evaluate ourselves that whether we should still hold or sell it.
11978  Economy / Economics / Re: Bitcoin or gold? on: July 30, 2016, 04:49:58 AM
I prefer bitcoin or other currencies such as Ethereum or Monero. They are more useful to buy things.

More useful? Buy why your ETH and Monero are not that popular compare to bitcoin or even we are to matched it with gold?

Look like you need some more research about your claims.
we can't juxtaposing all of it in one category, it's all are different, gold and bitcoin it's very different even though I can't deny that by investing in bitcoin is more profitable.
That would always depend on the interest of a person, if he likes gold then he could be profitable more with gold as it is less complicated than bitcoins in terms of investment, in bitcoins is requires technological knowledge on how to use it over the internet and not all people have that skills or interest.
11979  Economy / Economics / Re: How too get rich on: July 30, 2016, 04:45:18 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

Thanks, creative and "very realistic" Roll Eyes

Time machine is very interesting idea, i already bought everything that needed to create it, it will be from some sarcasm and very big part of memes.
LOL! I hope you can make it, if you do then please share you blessings, you can find my btc address in my profile so just give me a tip maybe around 100 BTC is enough.

Going back, let us just be realistic here so we could make the right decision on our goal to be rich.
11980  Economy / Economics / Re: Government & Bitcoin on: July 30, 2016, 04:03:45 AM
Everything seems to be going electronic right now because of computer and smart phone technology. Finance is going to have to be electronic in the future just like communication (mail, text) and information (internet). Bitcoin could fit into that equation.
bitcoin is already only online and we cannot change it, i think that bitcoins also want to be online right now though it is too late, bitcoin will take over in the future
You cannot ascertain the future with just bitcoin that is still in the early phase, we have time needed to test bitcoin's stability and through time if good things always happen it will increase its stability overtime which would only help the community to be popular.
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