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12081  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 25, 2016, 02:53:42 AM
No way man! Its look very tempting, but no. I don`t think I can ever do that. I think this can be good side income, and nothing more then that in my case. I`m not programmer, I have basic knowledge about technology, with that I don't think I can find some good work for me. I can comment here, claim faucets, place some bet on sport events and that's it.
I`m still in faze of learning, so maybe situation will change for a year or more. I will try my best to gather as much as I can, then we will see what will happen next.



Yes it is very tempting if you are going to look at it but the thing is that it is very risky as we all know that bitcoin job is very not at stable at all.
Even there is no big competition at all still you are not sure about what is going to happen with your bitcoin career. Unless you really know what you are entering and you are going to take it.
Having your work in the real world or your day job, you are going to save from your income and that is the most important thing to do for you at all so when the time will come that you need to have your own business you already have the capital to invest on your own.

If you have a business you can go full time in BTC as well as your time is manage by you alone.
12082  Economy / Economics / Re: How too get rich on: July 25, 2016, 02:49:22 AM
Work and again work bro and you will be rich. Maybe not only the work count to be to much rich but at least the work cannot leave you broke. If you are intelligent and creative better. You will be rich and you will make the others rich. But if not you can work honestly and you can have your good life for you and for your family.


Yes that is really going to be the solution and answer on how to get rich. But don't just be contented that you are working. When you are going to get your salary, make sure that you are going to have savings for you to be able to have investments. Because if you are not going to do it for sure you are just going to be a regular employee forever.
Well, savings is very important but that would always rely on how much you earn in your day job and side job as well. If you lifestyle requires you to spend a lot the result is always bad and you can never save at all and the bad thing is you will get loan in order to survive.
12083  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 24, 2016, 12:45:44 PM
As minimum as 3 Bitcoin. Because someday after so many years, maybe the price for bitcoin will rise at 1000$ per btc so in that case you will get as much as 3000$ . But I think after 20 Years ? Maybe Bitcoin is dead now, or dumped I think. Because look at the other Altcoins now, look, they have the potential to rise at least 500$ per Coin. So in that case, if all Bitcoin blocks is now mined, maybe this other altcoins will rise and it will exchange it on Bitcoin's place for now.
Well, if you are just trusting your future with 3 Bitcoins then that is up to you because you will be the one who will save for that but for me I would just have to save at least 10 bitcoins because we don't know the future of bitcoins if the price will rely rise that big. I believe it will rise but not that really high compared to the price now. It is better to have a conservative estimate in order to raise for bitcoins in the future.
12084  Other / Off-topic / Re: Do you actively spend your bitcoins? on: July 24, 2016, 12:32:06 PM
I spend it frequently on recharging my cell phone or to get skype credit and I also save some of them for future to earn good profits from it.
That is the best thing to do, we should only spend an amount of bitcoin that we need and the rest should be keep as savings and invest it in the future. We need to believe that the price now is undervalued and will eventually rise in the future. Patience is virtues as what they say so we need to follow it.
12085  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 24, 2016, 12:28:45 PM
Dirk Nowitzki and the Dallas Mavericks have finalized his new contract worth $50 million over two seasons. The deal contains $30 million in guaranteed money and a team option for Year 2 if he decides to play in the 17-18 season.

Yes Cuban add some nice dollars to the recent deal lately, (which also I posted here).

Now looking forward for another revamp with this team.

Will keeping again my long time hashtag lol.

#gomavs


Mark Cuban is playing Chess. He thinks he's slick. he's trying to tell the players in the league that here In Dallas we take care of our veteran's and super stars unlike Miami Heat. So Come to Dallas!!.... I guarantee you he had that on his mind when he gave dirk this new deal

over price contract i think is dirk nowitzki is over year old niw
low contribute team
i think dallas maverick is news fresh team
overhauled the squad, old player replace is young star
Well, I get what you mean brother, in NBA this is not actually a game of real competition as we see. This is a pure entertainment and Dirk was paid for his popularity in the team and that would help the mavericks to gain from the support of the fans by patronizing the team in the coming season.

This is business my friend and money rules.
That is why games are rigged sometimes because they want to make the fans to be entertain, if the game is one sided it would not help the organization to generate sales and views in the international television. I believe it is rigged but great players are really great they are just favored sometimes.
12086  Economy / Economics / Re: Bitcoin to be international currency on: July 24, 2016, 12:23:37 PM
Bitcoin has had a difficult road as it endeavors to become a replacement digital currency. The mainstream propaganda has been mostly quiet about this crypto-currency.

Remember silk road? it is one of the biggest reason on why there isnt any cryptocurrency propaganda right now. Also there isnt any use of promoting cryptocurrency if there isnt any real world usage, it is like promoting thin air which obviously cant be of any use therefore the words " international currency " is nothing more than fairy tale right now

It needs to have a dramatic story to even be promoted into the mass media. Something maybe from a dirt-poor person to a billion-dollar rich person because of bitcoin. Maybe, just maybe, it would get their attention.

But bitcoin will work on it's own. I believe all countries have already gained the attention of bitcoins and some are already planning of how to officially legalize them, plus the adoption and integration stuff.
Bitcoin is not good if you will market it as investment, because if people will be attracted and will eventually adopt with bitcoins and in their mind it is an investment so we cannot see anymore the increasing volume of circulation in the market. It should be promoted as the best currency.
12087  Other / Beginners & Help / Re: WHAT CAN I DO WITH 0.1 BTC ?? on: July 24, 2016, 12:13:18 PM
Don't expect doubling overnight. "In real life" investments produce a few percent per year on average, and the higher the return, the higher the risk.
On average the value of Bitcoin itself has been growing a lot faster, so "buy and hold" has been a good strategy.

Exactly collecting and saving for the future is the best thing that you can do with it at a moment as investing it anywhere has become risky nowadays.
And the amount that OP is talking is not really a great amount for investing. If he wants to make that amount to increase it is easy to gamble that than invest if he only wants to have it rush because in gambling you can easily make money when you are lucky but if not then you know what will happen.
12088  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 24, 2016, 11:58:54 AM
Sometimes jackpots keeps me coming back even I don't play aggressively and am moderated gambler. In my case I have seen much attraction to jackpots or big prizes which I hope to be that lucky guy who will win them. This hope that may be this prize is waiting for me to take it many times I played unwillingly and lost more. In some games I saw people loosing and thought is my chance to win, it is in fact a mixture of many feelings.
I am in the opposite brother, I usually don't bet on game where there is jackpot because my luck failed me most of the time in gambling. Even in 50/50 chances games my loses are more than my wins as per record so I think gambling is not really for me to make money and would just play it for fun.
12089  Economy / Economics / Re: Bitcoin or gold? on: July 24, 2016, 11:37:24 AM
I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

Your comment has made me think twice. Gold is much more solid than bitcoins since gold has a physical attribute. Even if the price is low the gold is there and there is a guarantee that you will not cease to exist
 So I am proposing that we should buy physical gold and not virtual gold in the trade market.
Both are good as an investment and both them have their own benefits so I think we should not choose any single product but should go with both of them.
Yeah but the problem there is difference price movement speed.. i will choose bitcoin is the best choice if you really want to earn in few days or months.. unlike gold you need to hold it for a years before you can make a profit with it.

But the fact is gold guarantees you success in long run and you will never go from loss if you hold it for a very long term so its better to  invest in gold to get safe returns.
There is no question about that but the only question is how much can you invest with gold to make you rich in the future, we know that gold needs a decent investment to make money and if you don't have the amount right now you still cannot invest with gold.
12090  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 24, 2016, 11:32:58 AM
of course i will do it someday in future Smiley
but not for today, because i can get double salary from double job.
I think if you can still do a real job of work and employment in bitcoin simultaneously. I thought you did not need to get out of your real job now. and works full in bitcoin. it would be very unfortunate. while you still have the free time to work on both. it is not a problem
I am the living witness my friend because I am currently experiencing it now, I am currently working and working with bitcoin at the same time and really the time management is very important and time will come that we can evaluate which is more important to us as we cannot do both effectively at the same time.

I am earning from both the ways very easily as its all about managing the schedule and if you can earn from both of them easily then you don't need to quit your job.
I always think of playing that safe but sometimes it comes into my mind that what if I quit my job since I will be earning more money if I will be full time with bitcoin. Actually my current job pays me like how much I can earn with bitcoin doing in less than 8 hours so I may consider quitting.
12091  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: July 24, 2016, 06:40:29 AM
Of course, I would love to receive my salary in BTC. Actually I am already receive some of my salary in BTC as I have an online work or job that pays BTC while in my day job I am paid in my countries currency automatically credited into my bank account during payday.
12092  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: July 24, 2016, 06:36:45 AM
I would choose both for the moment. My savings is put in the bank just to make sure that it is subject to insurance if anything happens, while some of my assets in my wallet and I treat it as my investment as I believe that the price of bitcoin will substantially increase in the near future.
12093  Other / Off-topic / Re: What % of your Assets is Bitcoin? on: July 24, 2016, 06:33:26 AM
I think it is 50% so far, with asset my definition will only for cash and cash equivalents because I cannot account the fair market value of my properties yet and I have analyze that because with my current day job I am earning an amount as much as I earn in the bitcoin world.
12094  Bitcoin / Bitcoin Discussion / Re: bitcoin transactions - Slow OR Fast on: July 24, 2016, 06:30:13 AM
In my point of view, bitcoin transaction is fast because in less than an hour I could already received the payments sent to me. I believe that sometimes there is a problem with network by the fact that we can transact anytime we wishes will overshadowed the weaknesses noted.
12095  Other / Beginners & Help / Re: WHAT CAN I DO WITH 0.1 BTC ?? on: July 24, 2016, 06:24:44 AM
Im a newbie to bitcoin too! but why i can get 0.1 btc  Huh .but if i have that kind of amount of btc is dont invest it try trading or gambling. or if you have stuffs to buy convert that into dollars and buy that stuff you want. Smiley Cool

trading is right. it is good way to earn good profit monthly and weekly bases. but gambling is not.
with gambling you can only lose your money but don't even earn anything. if by chance you earn once. you'll become more greedy to earn more and mostly you'll lose all your wealth with gambling.
so try to avoid gambling.
Trading will also lose you a lot of money if you are not being careful, they are both risky in my opinion however gambling is riskier. The amount that the OP is holding is already a huge amount if he will just invest that in an online casino and don't expect to get the profit easily in a short period of time.
12096  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: July 24, 2016, 06:21:58 AM
I think ignorance is stopping people  from using bitcoin.  They don't know the  real usage or feature and bitcoin and only rely on what they heard negatively about bitcoin.  This is very unfair because they already judge bitcoin without even knowing what it really is.
mainly you are right about it, people just hear about it and sometimes decide not to use it and hate on bitcoins even though they dont know anything about it

People having no interest in technology would never bother to use bitcoin until it comes to the practical world and gets adopted by resources people use to buy things or groceries because right now they dont feel to use anything else except their home currency.
You are right and those people does not want to risk their money using bitcoins, if you are not a risk taker you will complain easily when the value of bitcoin you are holding will decrease and that would be the possibility to happen for people who does not really know the nature of bitcoin.
12097  Bitcoin / Bitcoin Discussion / Re: Why is Amazon.com still resisting the use of BTC for payment? on: July 24, 2016, 06:03:42 AM
Maybe amazon just don't want to gamble their operation with bitcoin, they might think that due to the price of bitcoin that is volatile for now they could lose so much money when downfall happens and maybe if bitcoin users are not knowledgeable with the nature of it they will face complain when during transaction the price will abruptly fall.
12098  Bitcoin / Bitcoin Discussion / Re: Do bitcoin accepted in your country? on: July 24, 2016, 06:00:52 AM
Bitcoin is well accepted here in my country. But, I dont know what goverment says about bitcoin nowadays. One thing for sure, here I can buy and sell bitcoin easily. Some exchangers already use bitcoin and its been more than 3 years. I wish in the future, more and more exchangers and merchants will accept bitcoin.
That could happen mate if the price rate the bitcoin is taking now will continue to prosper, I am very optimistic with bitcoin and I believe in due time this will be a mainstream currency and be accepted by every country. The government can legalize this but we nee to wait for a longer time to make that happen.
12099  Other / Off-topic / Re: Are you buying bitcoins? Why? on: July 24, 2016, 05:53:37 AM
I am buying bitcoins now because I believe the price will rise in the future, currently the price of bitcoins is just stable and we know that halving was already happened this month so I hope that the price will rise be felt by the investors who have bought bitcoins before the halving to make profit.
12100  Economy / Gambling discussion / Re: Anyone ever stop gambling? but then gamble again? on: July 23, 2016, 07:38:52 AM
Anyone ever stop gambling? but then gamble again?

What are the reasons you come back to gamble?
After losing then I give it enough time to get over it. Then the feeling of you possibly recovering your money start coming in then you Dont Know when you find yourself back in the game hoping to win then lose again and the cycle continues... My 2 cents...
Cooling off is very important so you could still think straight and will make a good decision despite of your loses in gambling. Sometimes we are in a hurry and we just let our emotions dictates us during gambling and it usually ended to disaster and not good for us gamblers.
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