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12101  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.
12102  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.
12103  Economy / Economics / Re: How to save money. on: July 23, 2016, 07:35:12 AM
One of the best saving strategies is to pay yourself first. What this means is that you designate a certain amount of your paycheque as your pay (how novel) and you pay that money to yourself before you pay your bills or anyone else. This amount can be $25, $100 or maybe 10% of your paycheque. It can be any amount that you decide. The important part is that you pay yourself first rather than last. Most people pay all of the bills first and then save anything that might be left over. For most people, that method of saving doesn’t really work because nothing is left over to save.

If you pay yourself first, then money will get saved because paying yourself is now your first priority. The nice thing about this method is if your budget is a little tight, it forces you to make adjustments elsewhere and your savings continue to grow.

Paying yourself first also makes sense. Why are you going to work everyday anyway? To earn money for someone else? No way. You go to work to earn money for you and your family. That’s why you should pay yourself first—to make sure that your first priority is taken care of: you. It is not likely that anyone else is going to take care of you because they assume that you are taking care of yourself.

That is actually the best way to save money if someone is really serious about it, and if someone's salary is a little high or good enough he can save a good amount everytime he gets his salary, in that way he will not also have to do any adjustments because his salary is enough to cover everything.

If you want to be safe then saving money in fixed deposits is the best thing to do as you also get good interests from it which can be more valuable in future.
I think you are referring to savings in a bank. We should also consider that saving in a bank will only give us the security to safe keep our money but the interest would not suffice. It is still advisable that we need also to invest some from our savings to have a better future ahead of us.

That's true investment will help in giving us good profits in future which is not possible with savings but to have good balance I think one should go with both of them.

Correct, investment would be a big help on growing on your money rather than on saving it but its not bad to have savings but if youre a wise man get a little part of that savings and invest into something that you know that you can gain profit. So, if youre already gaining profit then you add it into savings just continue  the process then youll succedd on the end.
Investment can help you achieve your dream and by doing it you should be ambitious enough as that is too risky and you need to prepare yourself if the other way around happens. If one can succeed in saving money, he can also be successful in investing.

There are types of investment that is not too risky. If you are not a type of person that is a risk taker, you can take those types of investment. That includes but not limited to bond funds and balanced funds. Those investments can have a good interest rates that can beat inflation but the risk is just low.
You can invest with bonds but you need a decent amount of money to do that. On the other hand, if you have a little amount of income and you are just saving for your future you should always consider also investing and probably not in bonds.

With a little amount of invest you don't need to put in a low risk investment as you earnings will also be lower, try a high risk investment like bitcoin which has a good potential to be huge.
12104  Economy / Economics / Re: Government & Bitcoin on: July 23, 2016, 07:31:08 AM
In fact, I'm saying quite the contrary (and have always been saying that, just in case). Less than a dozen mining pools already control over 90% of hashing power out there. I'm singularly curious how anyone understanding this can still claim that Bitcoin is decentralized? In respect to mining pools colluding, I guess it has already happened, since this is what invariably happens in oligopolistic markets...

It may well be that at least some of these pools are actually one entity in disguise (so as to to raise questions)
Miner can't control bitcoin because even tho they have fee for them when they are mining, it still not big as what whales do hold. The one who can control bitcoin are the people that hold most volume of it.

Most likely, you may want to reconsider your stance and change your point of view. You may start from here

Life isn't all beer and skittles
Yes! and this time around that holders are the majority and cannot be controlled by the whales alone, the continues adoption of the new players in the market is a good sign that bitcoin will becoming more  and more stable in the years to come.
12105  Economy / Economics / Re: Bitcoin or gold? on: July 23, 2016, 07:28:25 AM
i think bitcoin is definitely better than gold has ever been or will be, bitcoin is always the way to go if you want to spend it or if you want to just have a great investment
Bitcoin is always better in compare to gold at a moment when it comes to an investment as price fluctuations in bitcoin allows to make quick profits which is not possible with gold.
yeah for part speed in bitcoin benefit would be faster to give you an advantage because bitcoin is aided by the fluctuations
so that prices will move very quickly up and down so that it will provide benefits in the short term in contrast to gold

This time we should focus more on trading because of the fluctuations and consider also an investment and hold it for a long period of time. Actually bitcoin is a good form of savings and investment as well as you will be assured your money will have a great value in the future.

Yes, which makes Bitcoins much more suitable for trading and investment.
Holding real bitcoins in your wallet is fairly easy compared to gold. As you need a tresor to store it somewhere and actually trading gold makes the delivery always risky aswell.
And the good thing is you are not prone to robbery because you can hide your real identity when investing with bitcoin. For me, I would really choose bitcoin as I only need an internet to invest and use my bitcoins for transactions.

Gold is good but not as good as bitcoin in my opinion. Sorry, I have to deviate with the majority because I just trust bitcoin this much.
12106  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: July 23, 2016, 07:22:17 AM
gambling is one of the many entertainments that were designed for rich people and in reality they are the ones that can really enjoy gambling because they have so much more money and can make riskier moves and have a lot more fun doing it. so yes i would still gamble if i were rich.


Gambling is a costly game but there are majority average people who play gambling and make money from gambling. And gambling will not make you rich permanently because it is addiction and if you earn some money, you want more and more and last you loose your coins.
but i think two kind of people are there in gambling. the rich people and the more poor people. so i think i will continue gambling if even i become a rich person. because gambling is addicting and there is no concern with poor or rich people.
If I become rich I will never be addicted in gambling because I have already survive my addiction in my current status now as a poor person. I would then enjoy much more than I have currently enjoy now. That is the best thing when you are rich because you can do anything.
Being rich will give you the liberty to gamble anywhere and anytime. I have to believe that a person has become rich because of hard work he put in to his craft and in order for him to protect his assets he will be so clever in gambling and should not be addicted to it. He will be playing just for fun and nothing more.
That is why I love to become rich because I wanna enjoy my life so much including gambling and sky is the limit, I could do it responsibly as I have been gambling for decades now and have already learn the art of gambling and the way to control my self when times of pressure.
12107  Economy / Economics / Re: Why do you buy Bitcoins? on: July 23, 2016, 07:18:24 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.

that's a simple way to growing our money Smiley
im buying bitcoin for growing my money too, sometimes other cryptocurrency give me more chance to growing my money too
I would not be surprised if many people buy bitcoin so that they benefit from rising prices bitcoin is quite fast in movement or maybe
they use a variety of methods to grow their bitcoin. yeah bitcoin is profitable That's why many people buy and use bitcoin

Bitcoin is considered more as an investment than a currency, we should also check this one rather than putting only in real life investment. Although this is not a physical investment, we should also consider this as the new ear would be the digital era and bitcoin would be the currency then.
12108  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 23, 2016, 07:14:12 AM
Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?

Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.

I earned this month 50$ with Bitcoins so no chance to quit my day job any time soon =/

For me Bitcoins is kind of hobby I am doing in my spare time. I guess you need to get into mining to actually live from it.
Of course with that amount you should not quit gambling, I earn $1,000 dollars a month and I even never have quit my job. I do trading and investing and that two are my priority for now. Doing some kind of micro jobs here could help but not really much.
12109  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 23, 2016, 07:07:55 AM
For nearly two minutes, Kevin Durant, Draymond Green and Klay Thompson shared the court for Team USA in an exhibition win over Argentina, giving a first look at Golden State's coming attraction.

source: espn.com
Yeah! that was great, but I think it will be a different scenario in the regular season, team USA will surely dominate against other countries as they are the best players in the world. I can't wait now to see the warriors play in the coming season.
12110  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: July 23, 2016, 06:57:04 AM
Yes because it is bad and risky. Many ppl get addicted in gamling for some reason but this is not the reason to gamble. Gamble is wrong losing money in gambling is not correct. Must avoid gambling to save money for your family and in the future of your children if you have it. And do what is right.
If you spend your money in a movie house you lose your money, so that is still bad? Gambling was sometimes generalize as bad for all but the reality is that depends on the gamblers to manage themselves, if a person choose to gamble than watch a movie and yet still get the same entertainment then that should not be bad.
12111  Economy / Economics / Re: Is bitcoin halving is real? on: July 23, 2016, 06:53:42 AM
I will buy 1btc now.
Halving is true and it happening now, but if you will have profit in this halving no one knows , it depends on the value supply I'd more continue to buy bitcoin it will continue to increase.
It is not actually happening because it already happened or took place earlier this month. However, the effect has not yet been felt by the investors and we are still patiently waiting for that time to come and harvest our profit from our investment.
12112  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 23, 2016, 06:48:28 AM
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 are the things that keeps me coming back to play and gamble.  If I am winning, i feel confident that  luck is still with me and so I will play with a mind set of  i will win again this time.  The thrill and excitement is one of the reason too.  And when I am losing, the thought that  i will win this time take place in my mind.  It's not chasing lost but it is more likely  the thinking of I lost last time, I'm sure i'll win this time.  That is the reason why I  keep coming back Win or Lose.

The answer is within that statement.
We keep coming back because we are enjoying it.
That's the bottomline.
What if you have not enjoyed already but due to your addiction you have no choice but to gamble to get back your loses, I believe that is not alone due to the enjoyment we can get in gambling as we can still play for money without needing to enjoy gambling.
12113  Economy / Economics / Re: How too get rich on: July 23, 2016, 06:43:10 AM
Well, you can start by stopping spending your money on things you can't actually afford. Let's face it, we're being controlled by the media. Our journey towards becoming rich is prolonged day by day because of all these pressure that we should buy the latest gadgets, that we should go get coffee in Starbucks every single morning. If you look at it, those products are all just overpriced stuffs and the cheap ones are just as good (sometimes even better).

Remember, rich people don't spend their money on things like this. They don't buy iPhone 6s+ just to show off people. They don't do shopping just because of their social circle, and that's how they've become rich. They spend their money wisely.


Rich people don't buy gadgets. They make them.
Good examples are Mark Zuckerberg and Steve Jobs.
They wear the same kind of clothes everyday to save up money and because they don't have time to think for "trivial" things like that.
Rich think outside of the box that is why they are more successful, they prioritize their needs instead of their wants and they utilize their passion in making their own business that would give them the benefits with their success.

That just goes to show that one cannot be rich by just sitting idly in front of the computer or TV.
They faced a lot of struggles and risk their all to achieve their dreams.
You can be rich of course, what if you have an online job so you will be earning money doing some online task, if you know how to maximize your profit you will invest in stocks or bitcoin itself, even doing trading, that job was done by sitting in front of your computer.
12114  Economy / Gambling discussion / Re: Gambling. Is It Wrong? on: July 23, 2016, 02:02:27 AM
If there is a house edge... You always gonna loose but if you fool yourself with you are gonna win, you will win Smiley
yes that is fact. that if you are loosing a lot of your investment continuously then it is really wrong for you but if you have manage your investment and not loosing your investment at all then it is not wrong,then it is too good.
That is why we should invest in a site that there is a house edge and never play for it to make money. In investing you will be benefited as the more the lose the more you earn on your investment, if you could put a decent amount that would be better.
12115  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: July 23, 2016, 01:58:52 AM
gambling is one of the many entertainments that were designed for rich people and in reality they are the ones that can really enjoy gambling because they have so much more money and can make riskier moves and have a lot more fun doing it. so yes i would still gamble if i were rich.


Gambling is a costly game but there are majority average people who play gambling and make money from gambling. And gambling will not make you rich permanently because it is addiction and if you earn some money, you want more and more and last you loose your coins.
but i think two kind of people are there in gambling. the rich people and the more poor people. so i think i will continue gambling if even i become a rich person. because gambling is addicting and there is no concern with poor or rich people.
If I become rich I will never be addicted in gambling because I have already survive my addiction in my current status now as a poor person. I would then enjoy much more than I have currently enjoy now. That is the best thing when you are rich because you can do anything.
12116  Economy / Economics / Re: Is it better to save money or invest it? on: July 23, 2016, 01:52:55 AM
invest is for people that they can loose.
save is for people that they have no reserve.

you can invest and loose or win.
you can save ... and you win always.
Yeah boss that is true coz invest its too risky for those who want to invest there money in getting more profit so if they are risk takers to lost there money go for investment.
If they save them all there money they always win yeah its too small interest if you deposit in your bank account but your money safe.

each way to get profit we must ready to take risk too. for me we must research before invest at any project, and you must believe with that's project.
Researching is the basic responsibility of every investor, remember that we are risking money here with that investment so it is just right that we should be cautious before we invest and protect our investment and make more profit in the future.
12117  Economy / Speculation / Re: The future of Bitcoin on: July 23, 2016, 01:50:17 AM
I don't know what people think about it, but i believe in bitcoins. Bitcoin should have a bright future with amazing price and also amazing community.
perhaps if a novice user or users bitcoin would assess and think about a good thing or a good future only about bitcoin. yeah it was reasonable because it shapes their trust in bitcoin. but I think that can judge is a neutral person who knows a lot about bitcoin

If a person knows a lot about something it becomes their pride. That is why we need more new people for trust should be planted first before all. If they can trust this kind of currency then it can grow more with the help of them scattering it.

yeah the future of bitcoin will depend on the usage and adoption level in future, if adoption goes higher then we will see much higher price of bitcoin in coming days.
Actually the adoption is already high and we should believe that as it was evidence by the abrupt increase of price for this year alone. In future we are going to be a big community having this continued increase of adoption. We should be patient with our investment and wait for the right time.
12118  Economy / Speculation / Re: bitcoin continuous rising? on: July 23, 2016, 01:46:25 AM
I think it will rise again at some point, but I also think after it went from $250 to $650 in just 18 months we should also expect it to drop massively at some point, in my opinion.
At some point yes, but having seen the last year it's not good if the price would rise more.
This kind of scenario would mean a bubble and unlike 2013 we haven't seen a mass dumping (yet). It's safe to say the price will stay in this area for at least a few months.
After that.. who knows.
That could be a bubble but I have to bet on what I believe on this. I believe that the continued rise of the price is brought by the increase of adoption. We should think that this year is halving so we could tell that the effect is advance for the halving.
12119  Economy / Speculation / Re: Time to sell? Or to buy? on: July 23, 2016, 01:36:49 AM
Im confusing as i dont see price going up neither going down, soo as the most wanna make profit from the up and down, is getting hard to make a right choise, but if i were me i would wait a bit more to see if market will support this new price.
I could say that it depends on what type of investor you are, if you are short term investor this is not the right time to but. In contradiction, if you love to play the wait game, you should buy now and hope that the price in the future will rise.
12120  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: July 23, 2016, 01:33:46 AM
Own a gambling site or a tipster service site. Even the best tipsters can't really make money long run.

Or take part in the tipster championship, everyone wins 70mBTC as participation prize and you may get in the top 7 and win even more. Will be enough to cover any loss you've had during the competition
i did several times joined tipster competition and i feel that te long run forced me to lost ,
i have reached 50% ROI in first two weeks , but still in the next week i back to 10% ROI ,
and i finished almost in negative ROI , really hard to win or make profit from gambling in long run ,
but at least with joining competition i got a lot of experience , so yeah try it there is no harm .
Good for you man, you still in the state that you can appreciate gambling at all. I think majority of us here are losers but part of the majority is having a very good experience with gambling, I have been playing for so long was addicted once but now I enjoyed playing for fun.
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