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12361  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 10, 2016, 09:24:16 AM
James Harden extended his contract with Houston Rockets 4 more years. That's wise decision for both parties.
Golden State signed another veteran All-Star player David West for 1 year. They need to find a center after Festus Ezeli's departure.
LOL! David west transferred to San Antonio Spurs from pacers because he wants to be champion and now going to warriors, I think this season Spurs will be champion and david west is so unlucky.
12362  Economy / Gambling discussion / Re: Gambling problem on: July 10, 2016, 06:45:17 AM

Yes, I agree with you, that the happiness that we felt in gambling is the trap of being a addicted person. and also the money involved in it. because once you became a winner then you will gain profit and you will felt the happiness that we really wanted to feel. That's the time we will start greedy in money. yes not all people but some of the time.
It is only a trap for those who does not gamble responsibly, gambling is very dangerous and it is just right that we need to evaluate ourselves on our capability to manage the stress in gambling to be able to control ourselves, if we don't have that capability we should never try gambling.
12363  Other / Off-topic / Re: Do you actively spend your bitcoins? on: July 10, 2016, 06:34:34 AM
As more bitcoin is spent, more bitcoin will be in circulation. More btc in circulation means the market will systematically set itself based on the demand of consumer goods and services.
Yeah but we will see also that the price is more stable,because more people will sell and buy
bitcoin,so that will affect liquidity of bitcoin also.
I hope more and more people will spend their btc actively.
Yea, if people spend their BTC, businesses will start to use bitcoin as an available payment option(hopefully).
I think it should be the other way around, if the business will be accepting bitcoins then we can easily spend our bitcoins, like for instance if large merchants like amazon will accept bitcoin then it would be a huge bitcoin in the circulation.
12364  Economy / Economics / Re: Bitcoin or gold? on: July 10, 2016, 06:15:46 AM
Gold for the win, you can see it, do all kind of things with it and its very profitable on a long term.
Also another important thing is that its mostly stable or going up, the bitcoin can still collapse.
I sure have both really very profitable, especially you have a large number of you're probably right that gold is more valuable than bitcoin, but if you look in terms of opportunity, bitcoin is still much better. I think more easily multiply bitcoin on the search for gold, because it is very inconvenient
You are right, with bitcoin you can easily maximize your profit as you will see here a different kinds of earning opportunities using your bitcoins, if you have a good amount of bitcoins the better for your as you can take advantage of every opportunity you can see.
12365  Economy / Economics / Re: Best way for steady income on: July 10, 2016, 06:13:43 AM
Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas

Try investing in Genesis mining. It's more secure than any other investment and it is complete in terms of permits and licenses. But for me doing signature campaign in bitcointalk is the best way to earn bitcoins by just working  one and a half per day you are earning. It is scam free, no capital, trusted and 100% earning. You should try it also.
Cloud mining company have been closing so far and that industry are full of shady ponzis it is really hard to trust your money by investing into a certain company that offers great returns, I would always suggest that keeping your bitcoins in your wallet is the best method of investment.
12366  Economy / Economics / Re: Bitcoin to be international currency on: July 10, 2016, 06:10:07 AM
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
I look forward to the day when that turns into reality. Bitcoin being international currency would really connect nations and people and make things ever so convenient.
I don't see it happening anytime soon though, the governments wouldn't give up their monopoly over currency in their own nations.
So even though it's desirable it's highly improbable to happen anytime soon, a decade or so in the future maybe.
That's a realistic statement of yours, it is the government that is the biggest hindrance for the success of bitcoins, they will continue to protect their personal interest at the expense of the taxpayers by continuing the economic monopoly.
12367  Economy / Economics / Re: What percentage of people on Earth will own Bitcoin by 2020 on: July 09, 2016, 08:37:52 AM
I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..
I dont think 30% is really a good number i think most of the people dont want to use the bitcoin because they can only got scammed so i think itwill be at least
20 % of the world population who owns bitcoins for sure.
That is possible but with low possibility as that is too optimistic which becomes unrealistic already considering that is is just 4 years from not, we are still in the early phase and we have a lot to improve to get the percentage.
I also have the same perspective. I believe the bitcoin is still in it's early phase. There are a lot of things to be done to develop the global use. In the world where poverty is dominant more than half of the population can satisfy their stomach, it is less likely that bitcoins can be widely used. the poor people won't have access to smart phones and internet.

You are right, therefore as early adopters we should take this opportunity to use bitcoins and even consider it as our investment, true that all people cannot use bitcoins due to its supply but we can make the majority adopt and that would bring the price to the moon.
12368  Economy / Speculation / Re: bitcoin continuous rising? on: July 09, 2016, 08:35:18 AM
We can have benefits from alt coins indeed because as bitcoin is increasing, they are also moving upward. Just choose the best alt coin that will give you profit through exchange or trading. As of now, the btc value is rising again but still on the range of $600-$630.
If a certain altcoin is a shitcoins then it will not increase overtime but the only certain is it losses its value overtime, when the price of bitcoins is rising all legitimate altcoins will also increase as the trade is between the BTC and Altcoins.
Well i think its better to stay at bitcoin because block halving will be finish in 3 days and i think we will see price increase before block halving.. many people are waiting for low price and i think they are readying before block halving to buy more bitcoins once the price is getting low.
For altcoin honestly legit altcoin are very long time to see that the price will increase or decrease.. they have slow movement of the price..
Even if the halving will not happen I will still stay with bitcoin, my interest is not for short term as I believe I could be more successful doing it long term and I wanna grow with bitcoins.
12369  Economy / Economics / Re: Is bitcoin halving is real? on: July 09, 2016, 08:31:28 AM
I will buy 1btc now.
Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

Thank you very much for giving details about what is halving , and this halving is real as most of them are waiting for price increase in halving like what happen in last time but no one check that that halving dont got so many users what we have today so price increase for halving has happened before halving itself and now when all are getting panic of rates going down in my view after halving the price will come down to 10 - 20 % and then we can see the price rise.
With that percentage of bitcoins fallback I can say that it is just normal as in any given regular day it could happen, I expect a rise more than fall back and we are near to witness that to happen.
12370  Economy / Economics / Re: What is your best investment strategy? on: July 09, 2016, 08:29:31 AM
The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment.

But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy.

As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets.

What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.  Smiley

My strategy is to not deal with any investments that needs deposits to earn. I focus on online jobs and earn bitcoins. Some I  convert to cash and some I left in my wallet for hoarding and waiting for a significant increase in the bitcoins monetary value. As of now the results are showing a positive signs that my decision and strategy is effective.
Well, that sounds safe but would not take you to fortune unless you are earning a good amount of salary from your online job, that is good but not convincing way as investment IMO, we need to spend to earn and risk to profit.
12371  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: July 09, 2016, 08:25:51 AM
If you can not research and decide for yourself you should not be buying any of them. You will not get good answers here asking this so do not bother.
Yes, I agree this! you shoud decided by yourself!
Not right at all, you cannot assume that all information in the internet are legitimate and remember that it was just written but a person which could be bias, we are in the forum here to share information and that is a healthy conversation in my opinion.
12372  Economy / Gambling discussion / Re: If you were rich, would you still gamble? on: July 09, 2016, 06:03:34 AM
Here Rich and poor is not mattered only thing is you have to control yourself. Don't be greedy when you're in profit and also don't go for a long run when you are in lose. Come to the topic yes I will play gambling if I am rich also because I am playing it for my time pass and coming out from daily stress. So for this I think rich and poor is not require.

Who said rich and poor doesnt matter? What i know if you are rich you will have more chance to win it rather than poor. Poor people really need luck to play gamble which mean that poor people dont gamble their money, only spare some of your money to play and never go all in everything just like there is guarantee you will win back those money because gambling is hard to predict what is the outcome
Who said rich and poor doesnt matter? gamblers can not be categorized into it if just because the poor people would be sure to be a gambler, it's all about the preferences and characteristics of each individual.
Only in gambling we are fair, we all win and we all lose. The same with enjoyment, if we gamble we always want to entertain ourselves but what divide us in only the money that we can afford to bet and lose.
12373  Economy / Economics / Re: What is your best investment strategy? on: July 09, 2016, 06:00:28 AM
My best investment strategy is buying when the price is not to high and selling when the price is high because that is how your going to make a profit.
I do not mine or gamble to make money because those strategies are going to bring you nowhere.
yeah it is a fundamental strategy of investing in bitcoin, bought at very low prices and sell at high prices? but everyone does not know what the current prices including the price so low? because you can only say that the price down is the low price? but the prices could continue to fall ?

Yeah we can't be sure whether the price now is low because bitcoin price is very unpredictable. If you ask me, and you want to earn good profits for sure it's better if you just buy bitcoin now and hold them for a long term investment and i'm sure that you will earn decent amount of money depending on your capital from your investment Grin.
That's my method, I am actually a holder, I love to hold my coins for a long time as I believe my little investment will not make me decent profit doing day trading or short term investment.
12374  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 09, 2016, 05:57:31 AM
now I starting doing signature campaign, if it is last until 20yrs. I got my bitcoin for almost 50BTC in 20yrs. calculation for this 2.5btc per year doing signature campaign multiplying the year, 20 years you got 50BTC for retirement.

You might get 5 bitcoin each year now, the amount you will get will halve every year due to bitcoin price rise. You will get about 10 in total.

5 bitcoin every year from signature campaigns?
That is like 0.5 BTC every month!! Tough to get that much from signature campaigns.
At today's exchange rate, that is $300+/month.

Signature campaign is just for sideline so it means we cannot generate a huge amount like that, however if you have a good eye on investment, you can always use your earnings to maximize your profit.
12375  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: July 09, 2016, 05:54:36 AM
Ethereum or any coin with good volume really when there is blood or FUD on the streets. And patience for the pump which will happen eventually  Wink
I am actually doing that kind of method, I don't focus much on investing with bitcoins for now as I want to take the risk investing with altcoins, these are the coins that I love, lisk, the DAO, and waves.
12376  Economy / Gambling discussion / Re: Should I invest in bitcoin casinos? on: July 09, 2016, 05:50:14 AM
I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
i was looking for investing in BTC casinos,it is looking great but... i dont like it anyway,in most sites you need to invest minimum 1 btc or a little less.
Anyway if the house edge is implemented you should always get profit at long term... unless casino is a scam

Investing on bitvest.io only requires 0.01btc as what I've read so having 3000USD is sure a lot.
you can be a casino partner if you can submit a proposal to them. but that  is if they are open to partnership.
Where is more profitable than investing with moneypot.com? I heard some gamblers here recommend to invest in moneypot because that site is profitable, really don't know, anyone has the experience here?

I would not put one satoshi into moneypot. They keep getting attacked and going down causing for withdrawal problems and one of its owners acts crazy in the threads of his competitors. If you want to know more just look at acoinllc profile and trust.



That's a whole lot of red. He must be kicking himself for going crazy on the LIR thread.
lol,lol,lol.
Well that is nature in the business, when a site is more profitable the other gambling sites usually do the damage for the popular site, moneypot should improve their system to retain their investors.

so acoinllc owns it. how much have you earned from moneypot every month if you have invested to them?
if they only require 0.01 btc like bitvest, i may also try them just to compare both and may invest more later.
Actually you can invest with as low as 0.01, try doing it just for a try but I would like to tell you in advance that you will not grow your investment that much with a little amount.
12377  Economy / Economics / Re: How too get rich on: July 09, 2016, 05:41:05 AM
Yes reading a lot would be helpful. you should read more and more but dont read everything you see.

Yeah that is really going to help a lot if you are just going to able to manage your daily habits and going to apply it in a nice manner.
If you are just going to apply it in a nice way and you just don't read at all.
The problem occurs when we are just reading to much information and we could not decide what plans we need to implement, the implementation is the most important process to get rich because that is where real challenges comes.


That's why you just need to apply the things that you have read in how to get rich. Like books or articles that can make you rich.
That is time when there is going to be a problem if you have acquired a lot of information.
But you are not applying it well.
The information can be easily find even in the internet where you can get it for free, you just need to have the will to do your thing, don't read to much as it will not give you the advantage to focus on the best strategy.
12378  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 09, 2016, 05:35:11 AM
i will not because it will be better that letting bitcoin like a hobies for me than make it a job it maybe a good think to do but not for me i like my job better than bitcoin now

If you are satisfied with your job then you should never quit it as bitcoin can take care of you in your extra time and bitcoin is always good as an extra income.

We all know that there is no end to our satisfaction so I would be better use all my strength while I still have some for a good future. And this currency is helping to make it possible with just a little amount of time.
You are right man, with a little amount we can make money with bitcoins if we know how to risk big, instead of gambling which is apparently risky, why not try it with bitcoins.

As long as you are able to earn money with bitcoins and it doesn't affect your full time job. Then that's fine and you don't have to quit your day time for bitcoin job.
Or your bitcoin job to your day time job just always have a good time management.
I love to be affected on my full time job because I want to make bitcoins as my full time job, at the moment I earn more money in my real day job than bitcoin so it's hard to quit now, but the moment I reach my target I would sacrifice that job for bitcoin.

For me it is always been good to have multiple source and you are going to manage your time properly.
And you are going to earn better if you have work in bitcoin and as well as with your daily job.

ya doing both would be outstanding results. especially if like freedomgo who get more results than a real job. very unfortunate if you leave it, whereas you can not get good results in bitcoin. at least if you want a full-time in bitcoin you should be able to get a stable income.

Yes you are right it is going to give outstanding results and you are really going to make you save a good amount in no time.
You just need to set your priorities first.
And after that you are going to save good amount of bitcoin / money.
Since working with bitcoins is not really that hard if you are not a risk taker doing some kind of investment and trading you can easily make money on a daily basis but it would always not be enough to sustain our daily needs, just think first before you will leave your job it would be hard for you to go back again.
12379  Economy / Economics / Re: How too get rich on: July 09, 2016, 03:34:38 AM
Yes reading a lot would be helpful. you should read more and more but dont read everything you see.

True, I avoid reading advertisements, but other than those & dumb blogs, I think reading as many different subjects as possible is a great foundation for an ambitious person. 

Just don't believe everything you read!

Learn to be a critical thinker.
You are right, when you read something in the internet you better get the opinion of others before you apply it. It is necessary that when in making money especially when you need to invest it, you need to carefully evaluate and study beforehand.
12380  Economy / Economics / Re: How to save money. on: July 09, 2016, 03:29:40 AM
By the nature of life one could only earn as much as having some amounts to firstly provide a roof for his/her family and food/cloths.

So savings means nothing since naturally you shouldn't have more than what it needs to live your life.
People who are rich either stole or scam lots of people or at least have wronged others by so many means. if all the people shared their
Wealth with each other no one could starve and be poor, but most people have no idea that wealth wont last for ever.
Now 10% of planet earth's population has their hands on 90% of it's resources and means to produce wealth and have no intention
To share them what so ever.
Even though you are not earning that much we still need to set aside savings as it is compulsory in my opinion, the problem with the poor is we lack discipline on savings and we tend to think of buying unnecessary things instead of putting it as savings.
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