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12001  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 29, 2016, 01:09:21 PM
I currently don't know how much BTC I will need.

Once retired, then something will be rotten, so don't do it.

Perhaps get 21 BTC,at least?
That would depend on your lifestyle in life and your dream life after 20 years, if you want a very simple life then 21 BTC as your projection would be a good amount of money when you cash out after 20 years, so just need to hope and pray that price will be moving in increasing direction.
12002  Economy / Trading Discussion / Re: Trading Bot on: July 29, 2016, 01:03:33 PM
I like to really explore on the possibilities that trading bot could bring to me, if using this is profitable then I would not hesitate to pay even a good amount of money as long as I can get it back with my profit in trading in a short period of time. Does anyone using it already and if possible can you guys post a proper guide for use beginners.
12003  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: July 29, 2016, 12:59:21 PM
It is already is.

There are services that won't make the transaction time a problem, like bitpay and others
they still require a confirmation if the merchant want it,although just heared some people say bitpay's zero confirmation is no longer accepted due too much double spends,but before it was removed,it's very useful indeed
well yeah the confirmations are the things that require a lot of time though if you actually only send a transaction as far as i know they are instant
a transaction can't be considered as a final transaction or done if it don't have any confirmation or it's near to useless,the money still owned by the sender and if the transaction was rejected by network the money will back to the sender,if the receiver only need 0 confirmation it's instant but confirmation still an important thing
Confirmation in the blockchain is just very fast, and I would say that it is the fastest among the payment processors. There are times that it is faster than 5 minutes and that is the best thing of bitcoins when transacting online because it is also transparent.
12004  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 29, 2016, 12:50:09 PM
I am buying bitcoins now because price is almost stable so i hold my coins and wait for the time when the price of bitcoin will reach, and i am sure price will  increase in the end of this year.
i also buy my coins because the price seems to be showing the possibilities to grow a lot in the near future, i think that we might even reach a new all time high in like a month

Today is a good time to buy bitcoins just make sure that you have enough funds for buying. Because in the future you are going to benefit out of it if you are going to buy today, because the price today is still not that high. So, if you can still buy as early as today, buy now. And just hold it until the price is going to increase.

i am also of the view that the price of bitcoin will sooner start to increase, so I am starting to increase my amount of bitcoin and it will give me more better profit in the coming months, I will try to hold my coins for about more than an year.
That is a good timing you are doing, we are all believers here of bitcoins and we believe that it has a good future and since halving has no sign of effect yet which we have been waiting so far then it is good to be patient at all and wait for the right time.
12005  Economy / Speculation / Re: bitcoin continuous rising? on: July 29, 2016, 12:48:59 PM
The price of bitcoins will stabilize around $600 towards the end of this year. If there was going to be a sharp price increase, we should have seen that by now... no such thing.

I think that if the halving wasnt this year the price until now would be crashed, but because there was the halving, there is a balance which makes bitcoin price to be around $650.
That could be true and we should be thankful already for another milestone we have achieve, the price increase this year alone is very increasing and we are still waiting for more increase as the halving took place already. Many in few months we can see that increase again.
12006  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 29, 2016, 12:41:15 PM
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
That would not be case all the time because I am pretty sure that Rubio is a better shooter that rondo but rondo got a championship with Celtics. I think it is just a matter of teamwork and if they can work on with that, this team would be a threat in the west.
12007  Economy / Gambling discussion / Re: Is gambling made for kids???? on: July 28, 2016, 03:14:44 PM
Not a very wise game to play, IMHO
Gambling is not for the 'not wise' since gambling either requires pure luck, or there is a system/technique to beat the game. That's all there is to it.
If not however, gambling is just like any other game, except that there is money involved. It's supposed to be fun and entertainment.

Wise gamblers has a good chance to win if they will play in sports betting as in dice you cannot win even if how good or wise you are. The house edge will still kill you in the long run while in sports betting you can take advantage on your knowledge on a certain game that you are betting on.
12008  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 28, 2016, 03:02:20 PM
No I'm not buying bitcoins.  I get my bitcoins in different signature campaign through bounties reward, then once they send bounty to all participants who joined in the campaign including me thats the time I trade my bounty in the exchange platfrom. sometimes I played faucets as my amuzement. Grin


Me either I'm not buying bitcoins today, because I'm still into holding of bitcoins and I don't have enough budget for buying new ones. But if there's going to be an excess fiat money for me, I'm going to take a chance to buy so that the amount that I'm holding today is going to be added. So when the price is going to increase, I'm into it.
Well, as long as you have an income that pays well with bitcoins then there is no reason for you to buy more. Just save it consistently and in due time that would become a good amount for investment, let us just hope the price of bitcoin will continue to increase.
12009  Economy / Gambling discussion / Re: Losing investment on Gambling sites on: July 28, 2016, 02:43:55 PM
Betting can be very profitable if just know what you are doing. Before going to do your first trade, I'd suggest to make your homework first and master the fundamental and technical side of it. I am not really good at trading and that is the reason why I don't trade that hard because I just don't have the luxury of time studying it for now - maybe one of these days when I have more savings and time

You're right, we need enough knowledge before we enter trading, because once we just enter it without knowledge the outcome will be bankruptcy or even worst. Some traders don't really get profit in it because in their mind they want to get rich in an instant and that was wrong. We have enough time to learn about trading so that we can be successful in it.
In overall, that would be our goal to become rich that is why we are doing trading. In trading money is easy because anytime you can trade and with your full knowledge and skills it will help your achieve your goal to make consistent money in doing day trading.
12010  Other / Off-topic / Re: What % of your Assets is Bitcoin? on: July 28, 2016, 02:38:20 PM
So what percentage of your total monetary and financial investments are in Bitcoin?

Way less than 10%. Something about 2-4%, I think.
That is a good start dude, don't worry we can have more in the future. Just try to save if you are earning here in online and you could also choose to buy more bitcoins to add up on your investment. Remember, bitcoin will appreciates its value in the future so there is no need to worry holding more.
12011  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: July 28, 2016, 02:34:22 PM
It will still boils down in our interest to make more money, having that in our mindset we always feel the problem when gambling as we will always have the possibility that we may end up losing. Our greediness in the main reason we lose a lot of money as we never stop even if we are up big.

One of the biggest reason of loses in gambling is the greediness of the gambler, just because his greed asks him to play more to win even more than what he have just won and that makes him lose everything he has won and also what he has deposited.
No other than that mate, being greedy in gambling would always live us to loses. The moment we start gambling though we are so lucky and had already won a good amount of money but we failed to stop because our greediness strikes and we want to earn more but unfortunately it would result to an overall lose. Our time and emotions are always wasted.
12012  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: July 28, 2016, 02:29:03 PM
I was thinking the same thing which is why my family are not jumping in bitcoin? first time I talked about it with my brother he said bitcoin is dead, I said wtf? he showed me an article that only was a speculation.

That is exactly the case with everyone stops using bitcoin or dont even think of using it because they read or hear negative things about it and they just believe them without doing their own research or study about the reality of it.
Well, that is just normal as even how good a certain thing is there is always some negative news regarding the things but as real investors who believe in the future of bitcoins, we know better the potential so we can justify if any bad news or publicity will be circulated in the internet.
12013  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 28, 2016, 02:25:32 PM
There is not any single reason what keeps me coming back. In fact it is sometimes feeling of being lucky to recover the previous losses by thinking this time things may move differently and I take back. Other times it is different story as try to take advantage of the loosing streaks. It is both recovering plus making more money to come back again and again.
But the moment we are going to come back to make money we lose most of the time. I think the demon is really playing with us also when we are desperate in gambling, the moment we gamble and win, it really feels fulfilling but when we start to lose we made the wrong decision.
12014  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 28, 2016, 02:18:25 PM
all teams are looking to challenge gsw as all the eye is on them after acquiring kd we all knew what addition can kd gives the gsw on the offensive end but teams already working on it and making some plays and see what will be their chances to win against the big team.
i guess they would never focus just on golden state warriors because there are also lots of team to be considered like san antonio which for me is a great treat also to other teams and also the  champion of the last season the cavs.
I believe so that the spurs will be the champion for this season, they have a good squad and coming from a very disappointing lose in the last season, they will surely come start strong with Pau Gasol on board. Respect the spurs they are made of a great coach, and they can compete.
12015  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: July 28, 2016, 11:52:18 AM
Yes bro Gambling Is Wrong Because when I was a Newbie I lost my Faucet earnings totaling 0.01 Btc in Gambling. After that I Never Tried Gambling Again.
I think Gambling is Not a Good Way of Growing your Money. you can Grow your Bitcoins By many ways online....

That is the key for a real change. I do that also but first I withdraw all my money now and just leave some satoshi in my gambling wallet. That will be the one for my game. If all of that lose then I stop. just 50-100k satoshis then I am good.
It is good to hear that you do not totally leave gambling for good, it is good to gamble but at least we are more matured now and we understand our chances that we will lose in the long run, putting a small amount to gamble just to entertain our self is good because we can minimize our lose.
12016  Economy / Economics / Re: Why do you buy Bitcoins? on: July 28, 2016, 11:48:10 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 also like to buy my bitcoins when the price of it is really high, though i never buy it for gambling because these games make you lose only
Well, of all the people I see here in this forum, I think you are unique because you love buying when others love selling when the price of bitcoins is high. That is so strange man, can you share us here what is your purpose in doing that and is that benefits you?
12017  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: July 28, 2016, 11:44:44 AM
At best, maybe 3-5% of people will own some amount of bitcoin.
That is a very decent estimate, we are already big with that number of percentage and I believe that implies millions already of the total population of the world. We are lucky we have reach that percentage and more luckier because we are on board now having a ride for a good future.
12018  Economy / Economics / Re: Is it better to save money or invest it? on: July 28, 2016, 11:36:36 AM
For me, it is always been better if you are able to manage to save money or bitcoin. Because it is going to do good for you. And after you are able to save a lot of money then that's the right time of bitcoin to invest your money. Or better to have real investments in your life. Like starting up a mini store in your place.

Well no doubt, they have must been place in line for savings since both can take care of what every financial needs we need. Both are helpful when in terms of saving purposes. Fiat savings will deal to regular spendings then bitcoin earnings will become a backup financial needs.

Yes putting up some real life investments can be a help too.
For me, I consider bitcoin savings as my bonus in the future if it will succeed. I don't really put that much of investment in bitcoins although it is very promising because the coins is still young and anything could happen, at least I know that I can afford what I am about to lose if the future will not favor on us.
12019  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: July 28, 2016, 11:25:42 AM
If your life is here, don't go away! Haha, just have a discipline and research on ways on making money with your strengths in gambling!
gambling might even destroy the want to search for other types of work if person losses all his money, i think it is better to find other hobbies
You will lose your focus in doing your job when you are addicted into gambling because most of your time are spent gambling. That is never a productive way to use and invest our time because it does not guarantee as profit, we can only win in gambling when we are lucky.
12020  Economy / Gambling discussion / Re: Gambling problem on: July 28, 2016, 11:22:36 AM
I think that if you lose big money that it is better to deposit liwer and lower amounts of money and then  it will be more boring to play with low amounts and yiu will maybe stop gambling.
its better not to deposit at all, just put your money into a cold storage and that will be it, just think of some other hobbies than gambling and youll be good
Like sports because that would make you totally stay away in gambling as you are more focus in physical games which could give a good benefits on your health. Also, you can also consider working out in the gym for longer hours in that way you will be tired and you will no longer have a time to gamble.
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