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12501  Economy / Economics / Re: How too get rich on: July 02, 2016, 08:21:30 AM
I don't know how everyone it's so sure about the holding bitcoins = one day you will be rich. Maybe I am the one living with too many doubts but it seems to me that world we live in, expecially economically, it's not that predictable in the long run.

it's possible with holding bitcoin in large numbers, then in future prices are rising very high.
but honestly this is not a good way to become rich, because it is difficult to predict the future of bitcoin.
so I always try to take advantage of short-term, and it's better than waiting for the price increases that are sometimes unclear and requires a long time.
bitcoin hold large amounts can make us rich, but it was too risky. if the price of bitcoin down, I guess only stress that you get, so it might be better if you combine it with the investment in a good place, or use it for trade
you have to buy when prices are low, and so if the price is lower it will rapidly increase. but if you buy as the price was too risky at this time when prices are falling. yes I also have to say it's better to take advantage of short term like doing a brisk trade.
Yeah it's too risky to buy bitcoins now because we can't be sure if the price will continue to rise after halving or not. If you ask me i will just save some money and be prepared to buy after halving because there are possibilities that the price will have a huge down because of panic selling that will happen on halving.
Just to give you a little hint people, what makes bitcoins more exciting is because of the risk in holding it and base on the history the riskier the better because it will give us a chance to earn money if this will be successful in the future to come.
12502  Economy / Speculation / Re: The future of Bitcoin on: July 02, 2016, 08:18:48 AM
I think that bitcoin will be for some years the unless it start getting used widely or government start making the best use of it. Else it will not be much sought after thing else there are other alt currencies coming up in recent times.

The possibility of happening that it will be supported by the government is not that bright but even with that rate in the future bitcoins is still successful to attract adoption from the community to use bitcoins on their daily transactions and even others have capitalized bitcoins hoping to experience fortune in the years to come.
12503  Economy / Economics / Re: How to teach kids about Bitcoin? on: July 02, 2016, 08:14:26 AM
This article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money".

...what other ideas come to mind?
Kids are exposed a lot on computer games, real games/toys and on TV cartoons so the best way to teach kids about bitcoin is through these resources, by making a short film/cartoon, mention more often bitcoin there and including virtual bitcoin as coins in computer games.
That's a great idea that resources can help a lot to make things easier. Cartoon is very much related for kids and it will help them for easily understand bitcoin without getting bored.
I don't think anyone would bother making a cartoon movie just to educate kids because that would not help either, the fact that bitcoins is complicated it should only be taught to matured people and definitely not kids.
12504  Economy / Economics / Re: Whats's halving? on: July 02, 2016, 08:10:19 AM
Halving is scaring me a bit... well I bet everyone is a bit curious to what will happen. I do believe we could see a rise after halving rather than a drop. I get so happy when I see people close to me asking and talking more about bitcoin. It is 2016 and nobody can not know what bitcoin is...  Its the future!!

Anyways, I am a very positive person, I will hold my BTC.
Yeah that's right the price will possibly rise after halving but you can't be sure that it will only go for that direction because the price is only depending on demand and supply so if many holders of bitcoin will sell all their coins and it will result for a massive drop which is opposite on what you're thinking.
The thing is the longer bitcoin exist the more demand it creates and it is very simple to spot the result when you study economics, the basic principle should apply on the law of demand and supply, with halving it would only mean that supply will be short because many are holding.
12505  Economy / Economics / Re: Is bitcoin halving is real? on: July 02, 2016, 08:04:21 AM
By looking the price of bitcoin right now, yes i think bitcoin halving is real. Because since the halving news spread, the bitcoin's price keep increase and maybe when the halving come, the bitcoin's price become more high.
I can also prove that halving is real because we cannot deny the living evidence which is the price increase now, and now with the current price we are slowly rising back to $700, surely in the succeeding days we can achieve that.
12506  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: July 02, 2016, 07:59:46 AM
If it's for your retirement after 20 years I would not recommend to you buying bitcoins right now. We do not know if bitcoins is still there 20 years after. But if you are really willing to buy 1 to 5 btc will do, but you should not leave it alone. You should monitor the market and don't let your btc sleep in your wallet just to be sure that after twenty years of bitcoin activity you have sufficient funds for your retirement.
No one is sure with the future of bitcoins but at least we live on what we believe to achieve, the amount you put in terms of BTC on your retirement will determine how much you trust bitcoin in the future as you gamble for it.
12507  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 02, 2016, 07:41:52 AM
I have to come back because it's my job!  The key to making a profit is to always take wagers with a positive expected value, play high volumes, and be persistent.  According to the law of large numbers, the longer one plays with a positive edge, the more profit will be realized as time goes by.

I think bad if you consider gambling is your job. gambling is not worthy of being a job. This is more worthy like entertainment to have fun.

I agree that for most players, gambling should be for recreational use only.  Just like everybody shouldn't apply for a position as a doctor, lawyer, or computer programmer....It requires an education, experience, and many hours of hard work.  It's not a simple task.
Plus there are only so many games that actually allow you to make a living, and people tend to underestimate how difficult and time consuming it is to become a pro, like with Poker for example..
Poke is for real, if you want to get rich in gambling you need to choose this kind of game where the outcome of your game will depend on your skills and to most people this is not entertaining so they prefer to choose online games like dice and roulette which only gave them less chances of winning.
12508  Economy / Economics / Re: Is it better to save money or invest it? on: July 02, 2016, 07:38:40 AM
I believe its much better to invest it in safe places with low growth, this would let you to earn money slowly but surely though if you want to be really safe you shouldn't invest money the places where don't feel the safety.

I think yes, we can get money from the investment, the investment can work for us, and we will receive income. It is attractive and Bitcoin that passive income from it is very convenient.
However, there are many scam and need to reliably verify the information so as not to stumble on the scam.
That is the duty of an investor to make sure all the necessary information will be reviewed by him prior to putting his money to investment. Besides the risk is on the investor and if he will not exercise caution in investment it means a bigger risk.
Some investment firms would require their potential investors to take a risk profile test to gauge how much risk they are willing to take. The result would be the guide on what type of investment is suitable for the risk that the investor is willing to take. This is actually good for those who are still undecided on how much risk are they willing to take for their investments.
The only difference with saving money and investing money is with investing it is very risky which would give you a good reward when you investment becomes successful. In short, investment are only for people who are risk takers.
saving is good and if you prefer investment, before that a good option would be to keep yourself updated with the Bitcoin market trends and keep browsing the forums. It is good to do some research regarding the costs before making any considerations of investment.

Yeah if you are going to start out an investment, make sure that you have enough funds or savings for it. As the capital for investment is not enough to sustain the continuous growth of an investment.
And it is always better if you have an option for the chance of getting high profit if you are going to save also for it.
Saving and investment has a big difference, saving is compulsory while investment is not and remember that you only invest what you can afford to lose and when you invest you need to put a decent amount to realize your future goal.
12509  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: July 02, 2016, 07:32:38 AM
If I have 10BTC and the price will be like $10,000, I think I can already buy a house that time. I am still waiting for the time to happen even though I believe it will not happen in the next couple of years.

Don't lose hope you are not the one who is hoping for that to happen because also me I'm hoping for the price of bitcoin to reach that amount.
And even by that time I'm just holding one bitcoin at all.
It would be still a good feeling to by my own house with the stored bitcoin that I have.
It is really fun to see that amount and I can not measure my happiness with that occurrence in the future, maybe by that time I will tender an early retirement to my employer and will just spend my money for the rest of my life.
12510  Economy / Speculation / Re: bitcoin continuous rising? on: July 02, 2016, 07:24:34 AM
What is I see in the bitcoin price is the normal up and down movement of currencies. Apart from the recent burst in the price, I don't believe the trend is upwards. A few days ago, the price was around usd660 and today it trending at around usd670, we don;t know what it holds for the price in the coming few days but I know this is the normal curves

That's normal with bitcoin as the price of it is going up and down because of being decentralize. But I would say the bitcoin is really going to continuous rising as the price of getting higher and higher.
And more stores are going to accept the bitcoin because of its demand.

Decentralized doesn't the reason why the price is going up or down.

It's because of the active price fluctuations in bitcoin market. People's accumulation and taking profits. That's why there is a price trend that always happen that started by the big whales.
Exactly, decentralization thing will only give holders of bitcoin to trust the blockchain because they feel that it is safer than the amount trusted to a certain establishment or a bank to be specific.
12511  Economy / Services / Re: SCAM[Paid 0.06BTC] on: July 02, 2016, 07:21:16 AM
Why is the title name SCAM? But in reality it is for translation? Seems confusing this thread, maybe I should also be PM about my request to translate in Philippines (Tagalog).
12512  Economy / Economics / Re: How to save money. on: July 02, 2016, 07:19:29 AM
This means to me like buying only the important things and not spending them for nothing this will amke you able to save a lot of money than you expected. As what they say you should live like a poor a person that dont want to think that i have to buy this and that but only preparing for your future or the right time. This will make you a very productive person for buying only the things that you need or you cannot survive without it. Spending much money will give you a lesser security in life.
Yeah saving for me is not easy if you are just save it for none safe place your savings are risky.. better to look for a safe place to save your money and choose bitcoin for saving money this is a smart way because you can get the benefits of bitcoin while the price is increase you are gaining a profit to while you are savings..
Of course, but it is never advisable to save all your money in bitcoin wallet because we can never know in the future, for me saving you money in the blockchain is called investment and saving is only when you deposited it to the bank.
12513  Economy / Speculation / Re: Time to sell? Or to buy? on: July 02, 2016, 06:01:40 AM
BUYBUYBUYBUY!!!  Grin THis will be the best TIme ever after the Halving Cheesy
or you may develop an time machine and just have a look at it and travel back  Roll Eyes
Time machine is only for those people who does not believe in the future of bitcoins, this is very simple since the halving is coming, the price will rise accordingly and those who are not brave enough to risk and ride the opportunity will be left behind regretting.
12514  Economy / Economics / Re: Bitcoin or gold? on: July 02, 2016, 05:53:29 AM
If you want to be a successful entrepreneur?, never settle for one class/type/mode business only. For there is no assurance of its long term stability. I would advise... If you have a minimal amount  of funds better invest it in BTC increase its profitability, you can search on some ways here in the forum. And after sometime of accumulating funds, then better invest in Gold or any type of Profitable Business preferably that produces passive income. Real Estate would be better though. In my country Real Estate is still the best income generating asset, Providing products and services is next.. 

Real estate?? Dude, have you not watched the Big Short?!? 

Lol, but really, I understand what you are saying here... but I don't really trust the real estate market that much, and will only invest in assets that provide some utility and serves as a store of value, such as silver and gold, along with crypto currencies.  Real estate works if you get lucky with a piece of land that is very unknown and you know of something that is going to cause more people to travel and want to move to that place...
And that is the reality in business, the more you risk, the more reward you get when your investment will be successful, take it for example investing a real state is no joke because it implies huge capital therefore we should carefully plan our investment and do no enter into business that is not your passion.
12515  Economy / Gambling discussion / Re: Is their any safe methods to gamble? on: July 02, 2016, 05:49:34 AM
Is their any safe methods to gamble? Means without losing much of our money can gamble?

Any tips or suggestions?
The safe methods to dont lose in any gambling sites is stop gamble until you had time 😁😁😁 many gamblers try their luck and try many methods to wins but there not sharing it to others .
That is an effortless advise and yet not effective because you are taking down gambling as a whole, that should be very unfair for those responsible people who were able to manage themselves.
Of course, other gamblers are responsible and they just do gambling for the main reason to enjoy their spare time and since they are responsible in gambling they are not prone to addiction.
12516  Economy / Gambling discussion / Re: How to stay away from gambling? suggestions ? on: July 02, 2016, 05:45:10 AM
block your internet  Grin Grin
That will help for people sometimes but not always, because see it is like you leave the college because you do not like a teacher. You have to cure the disease friend, stop using internet also means you can not earn anything then. Better block gambling sites. But that too not effective in my own experience.
Since you are the one why blocked it, you can always unblock it anytime you feel the urge to gamble again. You are just fooling yourself for doing that. The best way is to find a professional to help that can guide you to cope out of your gambling addiction.

yeah, or look for an emotional support from your family and friends.

You actually don't need a professional to get out of gambling, try to do some productive works.

get out for a dinner, or travel.

those things will actually help you a lot.
Travelling would be the best idea and I mean travelling in with longer days, in that way you can see the nature and socialize with real people and if you enjoy it then that is the time that you will forget gambling for a while, for me that is the first move and everything will follow because change should not be abrupt to be successful.
12517  Other / Off-topic / Re: Do you actively spend your bitcoins? on: July 02, 2016, 05:40:52 AM
i earn my coins regularly and keep spending it weekly. i just need my net packs so i spend it for them and if i earn a little extra then i invest than on smething but i dont store any coin
It is interesting that you are spending your coins and do not keep them at all! Maybe saving a bit of them is not bad!
Agree saving bitcoins is the best thing to do as of now because many users are also doing that and expecting for the price to rise also. So it is better if we store coins because we can make money by just holding and waiting for the big even to happen on this month.
That strategy works for investors who have patience in investing because you need to save your bitcoins for a longer period of time and it is natural in bitcoin the the price will go up and down and if you have weak hands you will be panic selling.
I agree, holding your coins in the long term is not that easy especially when the amount you are holding is not a free amount for you, some of us here invest an amount in bitcoins but expect great returns in a short period of time as we feel holding is boring especially when the trend is not going according to our prediction.
12518  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: July 02, 2016, 04:44:45 AM
i need to learn more about bitcoin and other coins to find a good way to make monthly steady income then i can quit my job for sure .



Quitting job is not the good option, If the bitcoin will drop and less then to the amount that you earned from your job then what would you ??

Yeah you are right. Leaving your real job for bitcoin is really risky, you must thinking twice before do that. In your real job you can get promote but in bitcoin it's still on grey area.

it's not risky if you have more skill at bitcoin, if you can compile wallet, or you are developer of new altcoin, i think be fulltime on bitcoin is best way Smiley

If you got that special skill. But without it. What else would you do if suddenly your bitcoin profits are out. A good fall back is still necessary so no need to lose the day job.
Because of the demand in the internet specially if you have the skills like web designing or programming related skills it would be easy for you to make money and it would be very good for you if you live in asian countries while you earn a rate base on US and other progressive countries.
12519  Economy / Gambling discussion / Re: 2016/17 NBA Off-Season on: July 01, 2016, 04:32:26 AM
howard is a player with big body but a soft player, he always play safe but has not really prove anything so far, I thought his addition in rockets will make them a contender in the finals but our expectation was not meet.

Howard has only a strong appearance like DeAndre Jordan, big dunker but when choked arrives they are turning to a soft one. They are incosistent. They don't have the behaviour of a player like Pau Gasol and Joakim Noah.

There will be a time that salary of these players will be lowered. That's bad because aside from no ring, their compensation will be low too.
I prefer Deandre Jordan over dwight howard, Jordan does not let him teammate that he is a superstar that deserves a lot of respect unlike howard. DJ is a humble guy which makes him very hardworking in the court.
12520  Economy / Gambling discussion / Re: What keeps you coming back??? on: July 01, 2016, 04:30:20 AM
I have to come back because it's my job!  The key to making a profit is to always take wagers with a positive expected value, play high volumes, and be persistent.  According to the law of large numbers, the longer one plays with a positive edge, the more profit will be realized as time goes by.

Lol do not consider gambling a your job it is not good for all of us to call it a job and they also have a difference when you say job it is a task or piece of work, especially one that is paid. And you are doing it because it is your profession or it is related to your skills . Also having a job gives you a stable profit and gambling cant give you the same so it cannot be consider as a job .

Maybe hes a mod in gambling site? Thats why he treat it as a job but if not well we cannot really gaurantee that we can earn money with it every day the long time we spend in gambling the higher chance for us to lose money in that instance but really gambling is just for fun and not can be called job because its a game of chance and luck and no profit we can get to earn a living with it.
The thing is if you are serious with gambling never start without a good amount of bankroll, for me that is the most important to make your self discipline while playing because in the long run we can experience both hot and cold streak.
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